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Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2016
Asset Retirement Obligations [Abstract]  
Asset retirement obligation, roll forward analysis
A rollforward of NEE's and FPL's AROs is as follows:
 
FPL
 
NEER
 
NEE
 
 
 
(millions)
 
 
Balances, December 31, 2014
$
1,355

 
$
631

 
$
1,986

Liabilities incurred
5

 
46

 
51

Accretion expense
73

 
43

 
116

Liabilities settled
(20
)
 
(2
)
 
(22
)
Revision in estimated cash flows - net
409

(a) 
(71
)
(b) 
338

Balances, December 31, 2015
1,822

 
647

 
2,469

Liabilities incurred
1

 
56

 
57

Accretion expense
91

 
47

 
138

Liabilities settled

 
(2
)
 
(2
)
Revision in estimated cash flows - net
5

 
69

(c) 
74

Balances, December 31, 2016
$
1,919

 
$
817

 
$
2,736


______________________
(a)
Primarily reflects the effect of revised cost estimates for decommissioning FPL's nuclear units consistent with the updated nuclear decommissioning studies approved by the FPSC.
(b)
Primarily reflects the effect of revised cost estimates for decommissioning NEER’s nuclear units and a change in assumptions relating to spent fuel costs, partly offset by increased escalation rates.
(c)
Primarily reflects the effect of revised cost estimates to dismantle certain of NEER’s wind and solar facilities.
Funds restricted for decommissioning included in special use funds
Restricted funds for the payment of future expenditures to decommission NEE's and FPL's nuclear units included in special use funds on NEE's and FPL's consolidated balance sheets are as follows (see Note 4 - Special Use Funds):
 
FPL
 
NEER
 
NEE
 
 
 
(millions)
 
 
Balances, December 31, 2016
$
3,665

 
$
1,769

 
$
5,434

Balances, December 31, 2015
$
3,430

 
$
1,634

 
$
5,064