Common Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2012

Stockholders' Equity Note [Abstract]

Reconciliation of basic and diluted earnings per share of common stock

Earnings Per Share - The reconciliation of NEE's basic and diluted earnings per share of common stock is as follows:

	Years Ended December 31,
	2012		2011		2010
	(millions, except per share amounts)
Numerator - net income	$	1,911	$	1,923	$	1,957
Denominator:
Weighted-average number of common shares outstanding - basic	416.7		416.6		410.3
Performance share awards, options, restricted stock and equity units(a)	2.5		2.4		2.7
Weighted-average number of common shares outstanding - assuming dilution	419.2		419.0		413.0
Earnings per share of common stock:
Basic	$	4.59	$	4.62	$	4.77
Assuming dilution	$	4.56	$	4.59	$	4.74

______________________

(a) Performance share awards are included in diluted weighted-average number of common shares outstanding based upon what would be issued if the end of the reporting period was the end of the term of the award.  Options, performance share awards, restricted stock and equity units are included in diluted weighted-average number of common shares outstanding by applying the treasury stock method.

Restricted stock, performance share awards, and option activity

Option activity for the year ended December 31, 2012 was as follows:

	Shares Underlying Options		Weighted- Average Exercise Price Per Share		Weighted- Average Remaining Contractual Term (years)	Aggregate Intrinsic Value (millions)
Balance, January 1, 2012	4,385,865		$	42.64
Granted	544,859		$	60.22
Exercised	(1,678,383	)	$	32.58
Forfeited	(61,251	)	$	55.71
Expired	—		$	—
Balance, December 31, 2012	3,191,090		$	50.69	6.0	$	59
Exercisable, December 31, 2012	2,256,838		$	48.50	4.9	$	47

The activity in restricted stock and performance share awards for the year ended December 31, 2012 was as follows:

	Shares		Weighted- Average Grant Date Fair Value Per Share
Restricted Stock:
Nonvested balance, January 1, 2012	1,032,288		$	50.84
Granted	498,587		$	60.78
Vested	(544,094	)	$	51.67
Forfeited	(123,156	)	$	55.54
Nonvested balance, December 31, 2012	863,625		$	55.26
Performance Share Awards:
Nonvested balance, January 1, 2012	1,351,074		$	43.72
Granted	720,669		$	51.23
Vested	(616,130	)	$	45.32
Forfeited	(170,524	)	$	47.58
Nonvested balance, December 31, 2012	1,285,089		$	46.65

Assumptions used to estimate fair value of options

The fair value of the options is estimated on the date of the grant using the Black-Scholes option-pricing model and based on the following assumptions:

	2012	2011	2010
Expected volatility(a)	21.00%	21.54%	20.74 - 21.64%
Expected dividends	3.99%	4.03%	3.61 - 4.39%
Expected term (years)(b)	6.7	6.0	6.0
Risk-free rate	1.37%	2.80%	1.65 - 2.91%

______________________

(a) Based on historical experience.

(b) Based on historical exercise and post-vesting cancellation experience adjusted for outstanding awards.

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss) - The components of AOCI are as follows:

	Accumulated Other Comprehensive Income (Loss)
	Net Unrealized Gains (Losses) on Cash Flow Hedges			Net Unrealized Gains (Losses) on Available for Sale Securities			Defined Benefit Pension and Other Benefits Plans			Net Unrealized Gains (Losses) on Foreign Currency Translation			Other Comprehensive Loss Related to Equity Method Investee			Total
	(millions)
Balances, December 31, 2009	$	67		$	94		$	(3	)	$	11		$	—		$	169
Other comprehensive income (loss)	(43		)	39			2			(1		)	—			(3		)
Balances, December 31, 2010	24			133			(1		)	10			—			166
Other comprehensive loss	(228		)	(30		)	(45		)	(5		)	(12		)	(320		)
Balances, December 31, 2011	(204		)	103			(46		)	5			(12		)	(154		)
Other comprehensive income (loss)	(62		)	(7		)	(28		)	7			(11		)	(101		)
Balances, December 31, 2012	$	(266	)	$	96		$	(74	)	$	12		$	(23	)	$	(255	)