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Common Shareholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2014
Stockholders' Equity Note [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Earnings Per Share - The reconciliation of NEE's basic and diluted earnings per share attributable to NEE from continuing operations is as follows:

 
Years Ended December 31,
 
2014
 
2013
 
2012
 
(millions, except per share amounts)
Numerator - income from continuing operations attributable to NEE (a)(b)
$
2,465

 
$
1,677

 
$
1,911

Denominator:
 

 
 

 
 

Weighted-average number of common shares outstanding - basic
434.4

 
424.2

 
416.7

Equity units, performance share awards, options, forward sale agreements and restricted stock(c)
5.7

 
2.8

 
2.5

Weighted-average number of common shares outstanding - assuming dilution
440.1

 
427.0

 
419.2

Earnings per share attributable to NEE from continuing operations:(b)
 
 
 

 
 

Basic
$
5.67

 
$
3.95

 
$
4.59

Assuming dilution
$
5.60

 
$
3.93

 
$
4.56

______________________
(a)
Calculated as income from continuing operations less net income attributable to noncontrolling interests from NEE's consolidated statements of income.
(b)
2013 amounts were reclassified to conform to current year's presentation. See Note 4 - Nonrecurring Fair Value Measurements.
(c)
Calculated using the treasury stock method. 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.
Restricted stock, performance share awards, and option activity
The activity in restricted stock and performance share awards for the year ended December 31, 2014 was as follows:

 
Shares
 
Weighted-
Average
Grant Date
Fair Value
Per Share
Restricted Stock:
 
 
 
Nonvested balance, January 1, 2014
713,836

 
$
63.59

Granted
238,986

 
$
93.46

Vested
(356,187
)
 
$
63.77

Forfeited
(17,138
)
 
$
74.87

Nonvested balance, December 31, 2014
579,497

 
$
75.65

Performance Share Awards:
 
 
 
Nonvested balance, January 1, 2014
1,195,917

 
$
55.55

Granted
553,963

 
$
71.52

Vested
(708,323
)
 
$
50.89

Forfeited
(45,330
)
 
$
63.58

Nonvested balance, December 31, 2014
996,227

 
$
67.19

Option activity for the year ended December 31, 2014 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, 2014
3,191,547

 
$
54.70

 
 
 
 
Granted
198,358

 
$
93.27

 
 
 
 
Exercised
(564,870
)
 
$
46.51

 
 
 
 
Forfeited
—

 
—

 
 
 
 
Expired
—

 
—

 
 
 
 
Balance, December 31, 2014
2,825,035

 
$
59.04

 
5.8
 
$
133

 
 
 
 
 
 
 
 
Exercisable, December 31, 2014
2,344,937

 
$
55.08

 
5.2
 
$
120
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:

 
2014
 
2013
 
2012
Expected volatility(a)
20.32%
 
20.08 - 20.15%
 
21.00%
Expected dividends
3.11%
 
3.28 - 3.64%
 
3.99%
Expected term (years)(b)
7.0
 
7.0
 
6.7
Risk-free rate
2.17%
 
1.15 - 1.40%
 
1.37%
______________________
(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, net of tax, 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, 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

Other comprehensive income (loss) before reclassifications
(141
)
 
62

 
(44
)
 
(25
)
 
(8
)
 
(156
)
Amounts reclassified from AOCI
98

(a) 
(41
)
(b) 
1

 
—

 
—

 
58

Net other comprehensive income (loss)
(43
)
 
21

 
(43
)
 
(25
)
 
(8
)
 
(98
)
Less other comprehensive loss attributable to noncontrolling interests
2

 
—

 
—

 
—

 
—

 
2

Balances, December 31, 2014
$
(156
)
 
$
218

 
$
(20
)
 
$
(58
)
 
$
(24
)
 
$
(40
)
————————————
(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.