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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
FPL [Member]
Dec. 31, 2011
FPL [Member]
PROPERTY, PLANT AND EQUIPMENT        
Electric plant in service and other property $ 57,054 $ 50,768    
Nuclear fuel 1,895 1,795    
Construction work in progress 5,968 4,989    
Less accumulated depreciation and amortization (15,504) (15,062)    
Total property, plant and equipment - net 49,413 42,490    
ELECTRIC UTILITY PLANT        
Plant in service and other property     34,474 31,564
Nuclear fuel     1,190 1,005
Construction work in progress     2,585 2,601
Less accumulated depreciation and amortization     (10,698) (10,916)
Electric utility plant - net     27,551 24,254
CURRENT ASSETS        
Cash and cash equivalents 329 377 40 36
Customer receivables, net of allowances 1,487 1,372 760 682
Other receivables 569 430 447 312
Materials, supplies and fossil fuel inventory 1,073 1,074 727 759
Regulatory assets:        
Deferred clause and franchise expenses 75 112 75 112
Derivatives 16 502 16 502
Other 97 84 90 80
Derivatives 517 611    
Deferred income taxes 397 [1] 10 0 0
Assets Held-for-sale 335 0    
Other 342 300 131 166
Total current assets 5,237 4,872 2,286 2,649
OTHER ASSETS        
Special use funds 4,190 3,867 2,918 2,737
Other investments 976 907    
Prepaid benefit costs 1,031 1,021 1,135 1,088
Regulatory assets:        
Securitized storm-recovery costs 461 517 461 517
Other 582 621 351 395
Derivatives 920 973    
Other 1,629 1,920 151 176
Total other assets 9,789 9,826 5,016 4,913
TOTAL ASSETS 64,439 57,188 34,853 31,816
CAPITALIZATION        
Common stock 4 4 1,373 1,373
Additional paid-in capital 5,536 5,217 5,903 5,464
Retained earnings 10,783 9,876 5,254 4,013
Accumulated Other Comprehensive Income (Loss), Net of Tax (255) (154)    
Total common shareholders' equity 16,068 14,943 12,530 10,850
Long-term debt 23,177 20,810 8,329 7,483
Total capitalization 39,245 35,753 20,859 18,333
CURRENT LIABILITIES        
Commercial Paper 1,211 1,349 105 330
Short-term Debt 200 0    
Current maturities of long-term debt 2,771 808 453 50
Accounts payable 1,281 1,191 612 678
Customer deposits 508 547 503 541
Accrued interest and taxes 414 464 223 221
Derivatives 430 [2] 1,090 [2] 20 512
Accrued construction-related expenditures 427 518 235 261
Liabilities associated with Assets Held-for-sale 733 0    
Other 904 752 475 373
Total current liabilities 8,879 6,719 2,626 2,966
OTHER LIABILITIES AND DEFERRED CREDITS        
Asset retirement obligations 1,715 1,611 1,206 1,144
Accumulated deferred income taxes 6,703 5,681 5,584 4,593
Regulatory liabilities:        
Accrued asset removal costs 1,950 2,197 1,950 2,197
Asset retirement obligation regulatory expense difference 1,813 1,640 1,813 1,640
Other 309 419 309 416
Derivatives 587 [3] 541 [3] 0 1 [4]
Deferral related to differential membership interests - VIEs 1,784 1,203    
Other 1,454 1,424 506 527
Total other liabilities and deferred credits 16,315 14,716 11,368 10,517
TOTAL CAPITALIZATION AND LIABILITIES $ 64,439 $ 57,188 $ 34,853 $ 31,816
[1] NEE expects to reclassify approximately $430 million of federal operating loss carryforwards from current deferred income taxes to noncurrent deferred income taxes in the first quarter of 2013 as a result of increased tax depreciation deductions available under the American Taxpayer Relief Act of 2012, which was enacted in January 2013.
[2] At December 31, 2012 and 2011, NEE's balances reflect the netting of approximately $79 million and $112 million (none at FPL), respectively, in margin cash collateral provided to counterparties.
[3] At December 31, 2011, NEE's balance reflects the netting of approximately $79 million (none at FPL) in margin cash collateral provided to counterparties.
[4] Included in noncurrent other liabilities on FPL's consolidated balance sheets.