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Equity (Tables)
12 Months Ended
Dec. 31, 2017
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,
 
2017
 
2016
 
2015
 
(millions, except per share amounts)
Numerator - net income attributable to NEE
$
5,378

 
$
2,912

 
$
2,752

Denominator:
 

 
 

 
 

Weighted-average number of common shares outstanding - basic
468.8

 
463.1

 
450.5

Equity units, stock options, performance share awards, forward sale agreements and restricted stock(a)
3.7

 
2.7

 
3.5

Weighted-average number of common shares outstanding - assuming dilution
472.5

 
465.8

 
454.0

Earnings per share attributable to NEE:
 
 
 

 
 

Basic
$
11.47

 
$
6.29

 
$
6.11

Assuming dilution
$
11.38

 
$
6.25

 
$
6.06

______________________
(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, 2017 was as follows:
 
Shares
 
Weighted-
Average
Grant Date
Fair Value
Per Share
Restricted Stock:
 
 
 
Nonvested balance, January 1, 2017
556,648

 
$
103.26

Granted
237,662

 
$
130.16

Vested
(261,940
)
 
$
101.31

Forfeited
(21,057
)
 
$
112.91

Nonvested balance, December 31, 2017
511,313

 
$
116.36

Performance Share Awards:
 
 
 

Nonvested balance, January 1, 2017
834,433

 
$
95.76

Granted
483,958

 
$
107.39

Vested
(463,511
)
 
$
87.24

Forfeited
(46,472
)
 
$
100.38

Nonvested balance, December 31, 2017
808,408

 
$
110.98

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:
 
2017
 
2016
 
2015
Expected volatility(a)
14.91%
 
16.37%
 
18.91%
Expected dividends
3.16%
 
3.16%
 
3.11%
Expected term (years)(b)
7.0
 
7.0
 
7.0
Risk-free rate
2.23%
 
1.50%
 
1.84%
______________________
(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, 2017 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, 2017
2,505,208

 
$
71.08

 
 
 
 
Granted
407,216

 
$
126.86

 
 
 
 
Exercised
(429,402
)
 
$
52.47

 
 
 
 
Balance, December 31, 2017
2,483,022

 
$
83.45

 
5.6
 
$
181

 
 
 
 
 
 
 
 
Exercisable, December 31, 2017
1,825,151

 
$
70.17

 
4.5
 
$
157

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
Gains (Losses)
on Foreign
Currency
Translation
 
Other
Comprehensive
Income (Loss)
Related to Equity
Method Investee
 
Total
 
(millions)
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
)
Other comprehensive income before reclassifications

 
127

 
44

 
24

 
2

 
197

Amounts reclassified from AOCI
32

(a) 
(36
)
(b) 

 

 

 
(4
)
Net other comprehensive income
32

 
91

 
44

 
24

 
2

 
193

Less other comprehensive income attributable to noncontrolling interests
9

 

 

 
3

 

 
12

Balances, December 31, 2017
$
(77
)
 
$
316

 
$
(39
)
 
$
(69
)
 
$
(20
)
 
$
111

————————————
(a)
Reclassified to interest expense and also to other - net in 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.