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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING REVENUES $ 3,972 $ 3,835 [1]
OPERATING EXPENSES (INCOME)    
Fuel, purchased power and interchange 899 928 [1]
Other operations and maintenance 795 799 [1]
Merger 11 4 [1]
Depreciation and amortization 619 537 [1]
Gain on sale of the fiber-optic telecommunications business (1,096) 0 [1]
Taxes other than income taxes and other - net 339 333 [1]
Total operating expenses - net 1,567 2,601 [1]
OPERATING INCOME 2,405 1,234 [1]
OTHER INCOME (DEDUCTIONS)    
Interest expense (360) (509) [1]
Benefits associated with differential membership interests - net 125 84 [1]
Equity in earnings of equity method investees 31 32 [1]
Allowance for equity funds used during construction 22 25 [1]
Interest income 19 18 [1]
Gains on disposal of investments and other property - net 45 15 [1]
Other - net (21) (3) [1]
Total other deductions - net (139) (338) [1]
INCOME BEFORE INCOME TAXES 2,266 896 [1]
INCOME TAXES 675 242 [1]
Net Income (Loss) 1,591 654 [1]
LESS NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 8 1 [1]
Net Income (Loss) Attributable to Parent $ 1,583 $ 653 [1]
Earnings per share of common stock:    
Basic (in dollars per share) $ 3.39 $ 1.42 [1]
Assuming dilution (in dollars per share) 3.37 1.41 [1]
Dividends per share of common stock (in dollars per share) $ 0.9825 $ 0.87 [1]
Weighted-average number of common shares outstanding:    
Basic (in shares) 467.5 460.5 [1]
Assuming dilution (in shares) 470.2 463.4 [1]
FPL [Member]    
OPERATING REVENUES $ 2,527 $ 2,303
OPERATING EXPENSES (INCOME)    
Fuel, purchased power and interchange 768 700
Other operations and maintenance 371 390
Depreciation and amortization 273 219
Taxes other than income taxes and other - net 304 280
Total operating expenses - net 1,716 1,589
OPERATING INCOME 811 714
OTHER INCOME (DEDUCTIONS)    
Interest expense (119) (112)
Allowance for equity funds used during construction 16 24
Other - net 0 1
Total other deductions - net (103) (87)
INCOME BEFORE INCOME TAXES 708 627
INCOME TAXES 263 234
Net Income (Loss) Attributable to Parent [2] $ 445 $ 393
[1] Amounts have been retrospectively adjusted. See Note 7 - Stock-Based Compensation.
[2] FPL's comprehensive income is the same as reported net income.