XML 37 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Retirement Benefits
3 Months Ended
Mar. 31, 2013
Compensation and Retirement Disclosure [Abstract]  
Employee Retirement Benefits
1.  Employee Retirement Benefits

NEE sponsors a qualified noncontributory defined benefit pension plan for substantially all employees of NEE and its subsidiaries and has a supplemental executive retirement plan, which includes a non-qualified supplemental defined benefit pension component that provides benefits to a select group of management and highly compensated employees (collectively, pension benefits).  In addition to pension benefits, NEE sponsors a contributory postretirement plan for health care and life insurance benefits (other benefits) for retirees of NEE and its subsidiaries meeting certain eligibility requirements.

The components of net periodic benefit (income) cost for the plans are as follows:

 
 
Pension Benefits
 
Other Benefits
 
 
Three Months Ended March 31,
 
Three Months Ended March 31,
 
 
2013
 
2012
 
2013
 
2012
 
 
 (millions)
Service cost
 
$
18

 
$
16

 
$
1

 
$
1

Interest cost
 
24

 
25

 
4

 
5

Expected return on plan assets
 
(60
)
 
(60
)
 

 

Amortization of transition obligation
 

 

 

 
1

Amortization of prior service cost (benefit)
 
2

 
1

 
(1
)
 

Amortization of losses
 
1

 

 
1

 

Net periodic benefit (income) cost at NEE
 
$
(15
)
 
$
(18
)
 
$
5

 
$
7

Net periodic benefit (income) cost at FPL
 
$
(10
)
 
$
(11
)
 
$
3

 
$
5