Segment Information

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Segment Information

Segment Information

NEE's reportable segments are FPL, a rate-regulated electric utility, and NEER, a competitive energy business. Corporate and Other represents other business activities and eliminating entries. NEE's operating revenues derived from the sale of electricity represented approximately 90%, 92% and 91% of NEE's operating revenues for the years ended December 31, 2016, 2015 and 2014, respectively. Approximately 2% of operating revenues were from foreign sources for each of the years ended December 31, 2016, 2015 and 2014. At each of December 31, 2016 and 2015, approximately 3% of long-lived assets were located in foreign countries.

NEE's segment information is as follows:

	2016									2015									2014
	FPL		NEER(a)		Corp. and Other			NEE Consoli- dated		FPL		NEER(a)		Corp. and Other			NEE Consoli- dated		FPL		NEER(a)		Corp. and Other			NEE Consoli- dated
										(millions)
Operating revenues	$	10,895	$	4,893	$	367		$	16,155	$	11,651	$	5,444	$	391		$	17,486	$	11,421	$	5,196	$	404		$	17,021
Operating expenses - net	$	7,737	$	3,419	$	391		$	11,547	$	8,674	$	3,865	$	315		$	12,854	$	8,593	$	3,727	$	317		$	12,637
Interest expense	$	456	$	732	$	(95	)	$	1,093	$	445	$	625	$	141		$	1,211	$	439	$	667	$	155		$	1,261
Interest income	$	2	$	34	$	46		$	82	$	7	$	28	$	51		$	86	$	3	$	26	$	51		$	80
Depreciation and amortization	$	1,651	$	1,366	$	60		$	3,077	$	1,576	$	1,183	$	72		$	2,831	$	1,432	$	1,051	$	68		$	2,551
Equity in earnings (losses) of equity method investees	$	—	$	119	$	29		$	148	$	—	$	103	$	4		$	107	$	—	$	95	$	(2	)	$	93
Income tax expense (benefit)(b)	$	1,051	$	242	$	90		$	1,383	$	957	$	289	$	(18	)	$	1,228	$	910	$	283	$	(17	)	$	1,176
Net income (loss)	$	1,727	$	1,218	$	60		$	3,005	$	1,648	$	1,102	$	12		$	2,762	$	1,517	$	993	$	(41	)	$	2,469
Net income (loss) attributable to NEE	$	1,727	$	1,125	$	60		$	2,912	$	1,648	$	1,092	$	12		$	2,752	$	1,517	$	989	$	(41	)	$	2,465
Capital expenditures, independent power and other investments and nuclear fuel purchases	$	3,934	$	5,521	$	181		$	9,636	$	3,633	$	4,661	$	83		$	8,377	$	3,241	$	3,701	$	75		$	7,017
Property, plant and equipment	$	48,313	$	37,644	$	1,056		$	87,013	$	45,383	$	33,340	$	1,607		$	80,330	$	41,938	$	30,178	$	1,523		$	73,639
Accumulated depreciation and amortization	$	12,304	$	7,655	$	142		$	20,101	$	11,862	$	6,640	$	442		$	18,944	$	11,282	$	6,268	$	384		$	17,934
Total assets	$	45,501	$	41,743	$	2,749		$	89,993	$	42,523	$	37,647	$	2,309		$	82,479	$	39,222	$	32,896	$	2,487		$	74,605
Investment in equity method investees	$	—	$	1,661	$	106		$	1,767	$	—	$	983	$	80		$	1,063	$	—	$	617	$	46		$	663

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(a) Interest expense allocated from NEECH is based on a deemed capital structure of 70% debt. For this purpose, the deferred credit associated with differential membership interests sold by NEER subsidiaries is included with debt. Residual NEECH corporate interest expense is included in Corporate and Other.

(b) NEER includes PTCs that were recognized based on its tax sharing agreement with NEE. See Note 1 - Income Taxes.