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Common Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2013
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 from continuing operations is as follows:

 
Years Ended December 31,
 
2013
 
2012
 
2011
 
(millions, except per share amounts)
Numerator - income from continuing operations
$
1,720

 
$
1,911

 
$
1,923

Denominator:
 

 
 

 
 

Weighted-average number of common shares outstanding - basic
424.2

 
416.7

 
416.6

Performance share awards, options, equity units and restricted stock(a)
2.8

 
2.5

 
2.4

Weighted-average number of common shares outstanding - assuming dilution
427.0

 
419.2

 
419.0

Earnings per share of common stock from continuing operations:
 
 
 

 
 

Basic
$
4.06

 
$
4.59

 
$
4.62

Assuming dilution
$
4.03

 
$
4.56

 
$
4.59

______________________
(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, 2013 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, 2013
3,191,090

 
$
50.69

 
 
 
 
Granted
393,396

 
$
72.63

 
 
 
 
Exercised
(363,279
)
 
$
38.19

 
 
 
 
Forfeited
(28,860
)
 
$
64.46

 
 
 
 
Expired
(800
)
 
$
28.38

 
 
 
 
Balance, December 31, 2013
3,191,547

 
$
54.70

 
5.9
 
$
99

 
 
 
 
 
 
 
 
Exercisable, December 31, 2013
2,453,246

 
$
51.78

 
5.1
 
$
83

The activity in restricted stock and performance share awards for the year ended December 31, 2013 was as follows:

 
Shares
 
Weighted-
Average
Grant Date
Fair Value
Per Share
Restricted Stock:
 
 
 
Nonvested balance, January 1, 2013
863,625

 
$
55.26

Granted
320,555

 
$
74.02

Vested
(425,920
)
 
$
54.75

Forfeited
(44,424
)
 
$
61.65

Nonvested balance, December 31, 2013
713,836

 
$
63.59

Performance Share Awards:
 
 
 
Nonvested balance, January 1, 2013
1,285,089

 
$
46.65

Granted
681,770

 
$
58.53

Vested
(691,769
)
 
$
42.12

Forfeited
(79,173
)
 
$
54.36

Nonvested balance, December 31, 2013
1,195,917

 
$
55.55

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:

 
2013
 
2012
 
2011
Expected volatility(a)
20.08 - 20.15%
 
21.00%
 
21.54%
Expected dividends
3.28 - 3.64%
 
3.99%
 
4.03%
Expected term (years)(b)
7.0
 
6.7
 
6.0
Risk-free rate
1.15 - 1.40%
 
1.37%
 
2.80%
______________________
(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 Income (Loss) Related to Equity Method Investee
 
Total
 
(millions)
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
)
Other comprehensive income (loss) before reclassifications
84

 
118

 
95

 
(45
)
 
7

 
259

Amounts reclassified from AOCI
67

(a) 
(17
)
(b) 
2

 

 

 
52

Net other comprehensive income (loss)
151

 
101

 
97

 
(45
)
 
7

 
311

Balances, December 31, 2013
$
(115
)
 
$
197

 
$
23

 
$
(33
)
 
$
(16
)
 
$
56

————————————
(a)
Reclassified to interest expense and other - net in NEE's consolidated statements of income. See Note 3 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of assets - net in NEE's consolidated statements of income.