XML 37 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
PROPERTY, PLANT AND EQUIPMENT    
Electric plant in service and other property $ 72,606 $ 68,042
Nuclear fuel 2,067 2,006
Construction work in progress 5,657 3,591
Accumulated depreciation and amortization (18,944) (17,934)
Total property, plant and equipment - net 61,386 55,705
CURRENT ASSETS    
Cash and cash equivalents 571 577
Customer receivables, net of allowances 1,784 1,805
Other receivables 481 354
Materials, supplies and fossil fuel inventory 1,259 1,292
Regulatory assets:    
Deferred clause and franchise expenses 75 268
Derivatives 218 364
Other 210 116
Derivatives 712 990
Deferred income taxes 0 739
Assets held for sale 1,009 0
Other 476 439
Total current assets 6,795 6,944
OTHER ASSETS    
Special use funds 5,138 5,166
Other investments 1,786 1,399
Prepaid benefit costs 1,155 1,244
Regulatory assets:    
Purchased power agreement termination 726 0
Securitized storm-recovery costs 208 294
Other 844 657
Derivatives 1,202 1,009
Other 3,239 2,187
Total other assets 14,298 11,956
TOTAL ASSETS 82,479 74,605
CAPITALIZATION    
Common stock 5 4
Additional paid-in capital 8,596 7,179
Retained earnings 14,140 12,773
Accumulated other comprehensive loss (167) (40)
Total common shareholders' equity 22,574 19,916
Noncontrolling interests 538 252
Total equity 23,112 20,168
Long-term debt 26,681 24,044
Total capitalization 49,793 44,212
CURRENT LIABILITIES    
Commercial paper 374 1,142
Notes payable 412 0
Current maturities of long-term debt 2,220 3,515
Accounts payable 2,529 1,354
Customer deposits 473 462
Accrued interest and taxes 449 474
Derivatives 882 1,289
Accrued construction-related expenditures 921 676
Liabilities associated with assets held for sale 992 0
Other 855 751
Total current liabilities 10,107 9,663
OTHER LIABILITIES AND DEFERRED CREDITS    
Asset retirement obligations 2,469 1,986
Deferred income taxes 9,827 9,261
Regulatory liabilities:    
Accrued asset removal costs 1,930 1,904
Asset retirement obligation regulatory expense difference 2,182 2,257
Other 494 476
Derivatives 530 466
Deferral related to differential membership interests - VIEs 3,142 2,704
Other 2,005 1,676
Total other liabilities and deferred credits $ 22,579 $ 20,730
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES $ 82,479 $ 74,605
FPL [Member]    
ELECTRIC UTILITY PLANT    
Plant in service and other property 41,227 39,027
Nuclear fuel 1,306 1,217
Construction work in progress 2,850 1,694
Accumulated depreciation and amortization (11,862) (11,282)
Total electric utility plant - net 33,521 30,656
CURRENT ASSETS    
Cash and cash equivalents 23 14
Customer receivables, net of allowances 849 773
Other receivables 123 136
Materials, supplies and fossil fuel inventory 826 848
Regulatory assets:    
Deferred clause and franchise expenses 75 268
Derivatives 218 364
Other 209 111
Deferred income taxes 0 0
Other 184 120
Total current assets 2,507 2,634
OTHER ASSETS    
Special use funds 3,504 3,524
Prepaid benefit costs 1,243 1,189
Regulatory assets:    
Purchased power agreement termination 726 0
Securitized storm-recovery costs 208 294
Other 579 468
Other 235 457
Total other assets 6,495 5,932
TOTAL ASSETS 42,523 39,222
CAPITALIZATION    
Common stock 1,373 1,373
Additional paid-in capital 7,733 6,279
Retained earnings 6,447 5,499
Total common shareholders' equity 15,553 13,151
Total equity 15,553 13,151
Long-term debt 9,956 9,328
Total capitalization 25,509 22,479
CURRENT LIABILITIES    
Commercial paper 56 1,142
Notes payable 100 0
Current maturities of long-term debt 64 60
Accounts payable 664 647
Customer deposits 469 458
Accrued interest and taxes 279 245
Derivatives 222 370
Accrued construction-related expenditures 240 233
Other 355 331
Total current liabilities 2,449 3,486
OTHER LIABILITIES AND DEFERRED CREDITS    
Asset retirement obligations 1,822 1,355
Deferred income taxes 7,730 6,835
Regulatory liabilities:    
Accrued asset removal costs 1,921 1,898
Asset retirement obligation regulatory expense difference 2,182 2,257
Other 492 476
Other 418 436
Total other liabilities and deferred credits $ 14,565 $ 13,257
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES $ 42,523 $ 39,222