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Common Shareholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2016
Equity [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 is as follows:
 
Years Ended December 31,
 
2016
 
2015
 
2014
 
(millions, except per share amounts)
Numerator - net income attributable to NEE
$
2,912

 
$
2,752

 
$
2,465

Denominator:
 

 
 

 
 

Weighted-average number of common shares outstanding - basic
463.1

 
450.5

 
434.4

Equity units, performance share awards, stock options, forward sale agreement and restricted stock(a)
2.7

 
3.5

 
5.7

Weighted-average number of common shares outstanding - assuming dilution
465.8

 
454.0

 
440.1

Earnings per share attributable to NEE:
 
 
 

 
 

Basic
$
6.29

 
$
6.11

 
$
5.67

Assuming dilution
$
6.25

 
$
6.06

 
$
5.60

______________________
(a)
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.
Nonvested Awards Activity
The activity in restricted stock and performance share awards for the year ended December 31, 2016 was as follows:
 
Shares
 
Weighted-
Average
Grant Date
Fair Value
Per Share
Restricted Stock:
 
 
 
Nonvested balance, January 1, 2016
563,660

 
$
89.60

Granted
291,422

 
$
112.86

Vested
(274,144
)
 
$
85.62

Forfeited
(24,290
)
 
$
100.78

Nonvested balance, December 31, 2016
556,648

 
$
103.26

Performance Share Awards:
 
 
 
Nonvested balance, January 1, 2016
915,199

 
$
81.90

Granted
604,686

 
$
89.23

Vested
(630,773
)
 
$
69.40

Forfeited
(54,679
)
 
$
95.62

Nonvested balance, December 31, 2016
834,433

 
$
95.76
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:
 
2016
 
2015
 
2014
Expected volatility(a)
16.37%
 
18.91%
 
20.32%
Expected dividends
3.16%
 
3.11%
 
3.11%
Expected term (years)(b)
7.0
 
7.0
 
7.0
Risk-free rate
1.50%
 
1.84%
 
2.17%
______________________
(a)
Based on historical experience.
(b)
Based on historical exercise and post-vesting cancellation experience adjusted for outstanding awards.
Stock option activity
Option activity for the year ended December 31, 2016 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, 2016
2,866,501

 
$
63.39

 
 
 
 
Granted
294,889

 
$
111.67

 
 
 
 
Exercised
(651,492
)
 
$
55.37

 
 
 
 
Forfeited
(4,690
)
 
$
106.64

 
 
 
 
Balance, December 31, 2016
2,505,208

 
$
71.08

 
5.4
 
$
121

 
 
 
 
 
 
 
 
Exercisable, December 31, 2016
2,043,899

 
$
62.90

 
4.7
 
$
116
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
Losses
on Foreign
Currency
Translation
 
Other
Comprehensive
Income (Loss)
Related to Equity
Method Investee
 
Total
 
(millions)
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
)
Other comprehensive loss before reclassifications
(88
)
 
(7
)
 
(42
)
 
(27
)
 
—

 
(164
)
Amounts reclassified from AOCI
63

(a) 
(37
)
(b) 
—

 
—

 
—

 
26

Net other comprehensive loss
(25
)

(44
)

(42
)
 
(27
)
 
—

 
(138
)
Less other comprehensive loss attributable to noncontrolling interests
(11
)
 
—

 
—

 
—

 
—

 
(11
)
Balances, December 31, 2015
(170
)
 
174

 
(62
)
 
(85
)
 
(24
)
 
(167
)
Other comprehensive income (loss) before reclassifications
—

 
69

 
(21
)
 
(5
)
 
2

 
45

Amounts reclassified from AOCI
70

(a) 
(18
)
(b) 
—

 
—

 
—

 
52

Net other comprehensive income (loss)
70

 
51

 
(21
)
 
(5
)
 
2

 
97

Less other comprehensive income attributable to noncontrolling interests
—

 
—

 
—

 
—

 
—

 
—

Balances, December 31, 2016
$
(100
)
 
$
225

 
$
(83
)
 
$
(90
)
 
$
(22
)
 
$
(70
)
————————————
(a)
Reclassified to interest expense and also to other - net in 2014 and 2015 in NEE's consolidated statements of income. See Note 3 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of investments and other property - net in NEE's consolidated statements of income.