Investments in Partnerships and Joint Ventures

12 Months Ended

Dec. 31, 2017

Investments in Partnerships and Joint Ventures [Abstract]

Investments in Partnerships and Joint Ventures

Certain subsidiaries of NEE, primarily NEER, have noncontrolling non-majority owned interests in various partnerships and joint ventures, essentially all of which own or are in the process of developing natural gas pipelines or own electric generation facilities. At December 31, 2017 and 2016, NEE's investments in partnerships and joint ventures totaled approximately $2,321 million and $1,767 million, respectively, which are included in other investments on NEE's consolidated balance sheets. NEER's interest in these partnerships and joint ventures primarily range from approximately 31% to 50%. At December 31, 2017 and 2016, the principal entities included in NEER's investments in partnerships and joint ventures were Sabal Trail Transmission, LLC (Sabal Trail), Desert Sunlight Investment Holdings, LLC, Northeast Energy, LP and Cedar Point II Wind, LP, and in 2017 also included Mountain Valley Pipeline, LLC.

Summarized combined information for these principal entities is as follows:



	2017		2016
	(millions)
Net income	$	358	$	264
Total assets	$	6,001	$	4,502
Total liabilities	$	1,217	$	1,364
Partners'/members' equity	$	4,784	$	3,138

NEER's share of underlying equity in the principal entities	$	2,024	$	1,423
Difference between investment carrying amount and underlying equity in net assets^(a)	105		65
NEER's investment carrying amount for the principal entities	$	2,129	$	1,488

______________________


(a)	Substantially all of the difference between the investment carrying amount and the underlying equity in net assets is being amortized over a 25-year period.