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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
OPERATING REVENUE $ 3,667 $ 3,961 $ 7,038 $ 7,094
OPERATING EXPENSES        
Fuel, purchased power and interchange 1,236 1,557 2,418 2,962
Other operations and maintenance 795 771 1,571 1,463
Impairment charges 0 51 0 51
Depreciation and amortization 335 408 655 740
Taxes other than income taxes and other 279 267 528 543
Total operating expenses 2,645 3,054 5,172 5,759
OPERATING INCOME 1,022 907 1,866 1,335
OTHER INCOME (DEDUCTIONS)        
Interest expense (270) (256) (536) (510)
Equity in earnings (losses) of equity method investees 4 18 1 29
Allowance for equity funds used during construction 18 10 31 22
Interest income 22 16 42 37
Gains on disposal of assets - net 57 25 67 42
Other - net (3) 7 (4) 8
Total other deductions - net (172) (180) (399) (372)
INCOME BEFORE INCOME TAXES 850 727 1,467 963
INCOME TAXES 243 147 399 115
NET INCOME 607 580 1,068 848
Earnings per share of common stock:        
Basic (in dollars per share) $ 1.46 $ 1.39 $ 2.58 $ 2.04
Assuming dilution (in dollars per share) $ 1.45 $ 1.38 $ 2.57 $ 2.03
Dividends per share of common stock (in dollars per share) $ 0.60 $ 0.55 $ 1.20 $ 1.10
Weighted-average number of common shares outstanding:        
Basic (in shares) 415.0 416.9 413.7 416.4
Assuming dilution (in shares) 417.2 419.3 416.0 418.9
FPL [Member]
       
OPERATING REVENUE 2,580 2,801 4,804 5,047
OPERATING EXPENSES        
Fuel, purchased power and interchange 1,086 1,304 2,021 2,375
Other operations and maintenance 442 434 879 808
Depreciation and amortization 125 212 243 354
Taxes other than income taxes and other 265 280 518 532
Total operating expenses 1,918 2,230 3,661 4,069
OPERATING INCOME 662 571 1,143 978
OTHER INCOME (DEDUCTIONS)        
Interest expense (107) (96) (210) (187)
Allowance for equity funds used during construction 12 9 22 21
Other - net 1 1 0 (1)
Total other deductions - net (94) (86) (188) (167)
INCOME BEFORE INCOME TAXES 568 485 955 811
INCOME TAXES 215 184 363 305
NET INCOME $ 353 $ 301 $ 592 $ 506