Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2016

Derivative [Line Items]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

	March 31, 2016
	Fair Values of Derivatives Not Designated as Hedging Instruments for Accounting Purposes - Gross Basis				Fair Values of Derivatives Not Designated as Hedging Instruments for Accounting Purposes - Net Basis
	Assets		Liabilities		Assets		Liabilities
	(millions)
NEE:
Commodity contracts	$	6,772	$	5,281	$	2,201	$	1,114
Interest rate contracts	60		490		47		486
Foreign currency swaps	—		98		—		89
Total fair values	$	6,832	$	5,869	$	2,248	$	1,689
FPL:
Commodity contracts	$	11	$	261	$	7	$	257
Net fair value by NEE balance sheet line item:
Current derivative assets(a)					$	815
Assets held for sale					42
Noncurrent derivative assets(b)					1,391
Current derivative liabilities(c)							$	974
Liabilities associated with assets held for sale							16
Noncurrent derivative liabilities(d)							699
Total derivatives					$	2,248	$	1,689
Net fair value by FPL balance sheet line item:
Current other assets					$	3
Noncurrent other assets					4
Current derivative liabilities							$	256
Noncurrent other liabilities							1
Total derivatives					$	7	$	257

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(a) Reflects the netting of approximately $261 million in margin cash collateral received from counterparties.

(b) Reflects the netting of approximately $165 million in margin cash collateral received from counterparties.

(c) Reflects the netting of approximately $8 million in margin cash collateral paid to counterparties.

(d) Reflects the netting of approximately $14 million in margin cash collateral paid to counterparties.

	December 31, 2015
	Fair Values of Derivatives Designated as Hedging Instruments for Accounting Purposes - Gross Basis				Fair Values of Derivatives Not Designated as Hedging Instruments for Accounting Purposes - Gross Basis				Total Derivatives Combined - Net Basis
	Assets		Liabilities		Assets		Liabilities		Assets		Liabilities
	(millions)
NEE:
Commodity contracts	$	—	$	—	$	5,906	$	4,580	$	1,937	$	982
Interest rate contracts	33		155		2		160		34		319
Foreign currency swaps	—		132		—		—		—		127
Total fair values	$	33	$	287	$	5,908	$	4,740	$	1,971	$	1,428
FPL:
Commodity contracts	$	—	$	—	$	7	$	225	$	4	$	222
Net fair value by NEE balance sheet line item:
Current derivative assets(a)									$	712
Assets held for sale									57
Noncurrent derivative assets(b)									1,202
Current derivative liabilities(c)											$	882
Liabilities associated with assets held for sale											16
Noncurrent derivative liabilities(d)											530
Total derivatives									$	1,971	$	1,428
Net fair value by FPL balance sheet line item:
Current other assets									$	3
Noncurrent other assets									1
Current derivative liabilities											$	222
Total derivatives									$	4	$	222

______________________

(a) Reflects the netting of approximately $279 million in margin cash collateral received from counterparties.

(b) Reflects the netting of approximately $151 million in margin cash collateral received from counterparties.

(c) Reflects the netting of approximately $46 million in margin cash collateral paid to counterparties.

(d) Reflects the netting of approximately $13 million in margin cash collateral paid to counterparties.

Net notional volumes

NEE and FPL had derivative commodity contracts for the following net notional volumes:

	March 31, 2016					December 31, 2015
Commodity Type	NEE			FPL		NEE			FPL
	(millions)
Power	(113	)	MWh	—		(112	)	MWh	—
Natural gas	1,611		MMBtu	915	MMBtu	1,321		MMBtu	833	MMBtu
Oil	(9	)	barrels	—		(9	)	barrels	—

Not Designated as Hedging Instrument [Member]

Derivative [Line Items]

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

Gains (losses) related to NEE's derivatives not designated as hedging instruments are recorded in NEE's condensed consolidated statements of income as follows:

	Three Months Ended   March 31,
	2016			2015
	(millions)
Commodity contracts:(a)
Operating revenues	$	330		$	237
Fuel, purchased power and interchange	2			2
Foreign currency swaps - interest expense	30			—
Interest rate contracts - interest expense	(179		)	(13		)
Losses reclassified from AOCI to interest expense:
Interest rate contracts	(28		)	—
Foreign currency swaps	(3		)	—
Total	$	152		$	226

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(a) For the three months ended March 31, 2016 and 2015, FPL recorded losses of approximately $108 million and $86 million, respectively, related to commodity contracts as regulatory assets on its condensed consolidated balance sheets.

Cash Flow Hedging [Member]

Derivative [Line Items]

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

Gains (losses) related to NEE's cash flow hedges are recorded in NEE's condensed consolidated financial statements (none at FPL) as follows:

	Three Months Ended
	March 31, 2015
	Interest Rate Contracts				Foreign Currency Swaps				Total
	(millions)
Losses recognized in OCI	$	(70	)		$	(8	)		$	(78	)
Losses reclassified from AOCI to net income	$	(20	)	(a)	$	(2	)	(b)	$	(22	)

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(a) Included in interest expense.

(b) Losses of approximately $3 million are included in interest expense and the balances are included in other - net.