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Segment Information
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Segment Information
Segment Information

NEE's reportable segments are FPL, a rate-regulated electric utility, and NEER, a competitive energy business. Corporate and Other represents other business activities and includes eliminating entries. See Note 2 for information regarding NEE's and FPL's operating revenues.

NEE's segment information is as follows:
 
2018
 
2017(a)
 
2016(a)
 
FPL
 
NEER(b)(c)
 
Corp.
and
Other
 
NEE
Consoli-
dated
 
FPL
 
NEER(b)
 
Corp.
and
Other
 
NEE
Consoli-
dated
 
FPL
 
NEER(b)
 
Corp.
and
Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
 
 
Operating revenues
$
11,862

 
$
4,878

 
$
(13
)
 
$
16,727

 
$
11,972

 
$
5,164

 
$
37

 
$
17,173

 
$
10,895

 
$
4,876

 
$
367

 
$
16,138

Operating expenses - net
$
8,708

 
$
3,568

 
$
171

 
$
12,447

 
$
8,582

 
$
4,296

 
$
(878
)

$
12,000

 
$
7,734

 
$
3,411

 
$
534

 
$
11,679

Interest expense
$
541

 
$
581

 
$
376

 
$
1,498

 
$
481

 
$
801

 
$
276

 
$
1,558

 
$
459

 
$
733

 
$
(94
)
 
$
1,098

Interest income
$
4

 
$
40

 
$
7

 
$
51

 
$
2

 
$
72

 
$
7

 
$
81

 
$
2

 
$
34

 
$
46

 
$
82

Depreciation and amortization
$
2,633

 
$
1,205

 
$
73

 
$
3,911

 
$
940

 
$
1,393

 
$
24

 
$
2,357

 
$
1,700

 
$
1,360

 
$
60

 
$
3,120

Equity in earnings of equity method investees
$

 
$
320

 
$
38

 
$
358

 
$

 
$
136

 
$
5

 
$
141

 
$

 
$
119

 
$
29

 
$
148

Income tax expense (benefit)(d)
$
539

 
$
1,187

 
$
(150
)
 
$
1,576

 
$
1,106

 
$
(2,031
)
 
$
265

 
$
(660
)
 
$
1,051

 
$
238

 
$
90

 
$
1,379

Net income (loss)
$
2,171

 
$
3,802

 
$
(197
)
 
$
5,776

 
$
1,880

 
$
2,907

 
$
536

 
$
5,323

 
$
1,727

 
$
1,211

 
$
61

 
$
2,999

Net income (loss) attributable to NEE
$
2,171

 
$
4,664

 
$
(197
)
 
$
6,638

 
$
1,880

 
$
2,964

 
$
536

 
$
5,380

 
$
1,727

 
$
1,118

 
$
61

 
$
2,906

Capital expenditures, independent power and other investments and nuclear fuel purchases
$
5,135

 
$
7,138

 
$
731

 
$
13,004

 
$
5,291

 
$
5,375

 
$
74

 
$
10,740

 
$
3,934

 
$
5,521

 
$
181

 
$
9,636

Property, plant and equipment
$
54,717

 
$
36,063

 
$
1,303

 
$
92,083

 
$
51,915

 
$
40,615

 
$
1,035

 
$
93,565

 
$
48,247

 
$
37,495

 
$
1,056

 
$
86,798

Accumulated depreciation and amortization
$
13,218

 
$
8,364

 
$
167

 
$
21,749

 
$
12,791

 
$
8,371

 
$
114

 
$
21,276

 
$
12,295

 
$
7,580

 
$
143

 
$
20,018

Total assets
$
53,484

 
$
43,530

 
$
6,688

 
$
103,702

 
$
50,254

 
$
45,671

 
$
2,038

 
$
97,963

 
$
45,887

 
$
41,835

 
$
2,752

 
$
90,474

Investment in equity method investees
$

 
$
6,494

 
$
254

 
$
6,748

 
$

 
$
2,153

 
$
168

 
$
2,321

 
$

 
$
1,661

 
$
106

 
$
1,767

_________________________
(a)
Amounts have been retrospectively adjusted as discussed in Note 14 and Note 3 - Amendments to Presentation of Retirement Benefits.
(b)
Interest expense allocated from NEECH is based on a deemed capital structure of 70% debt and differential membership interests sold by NEER's subsidiaries. Residual NEECH corporate interest expense is included in Corporate and Other.
(c)
NEP was deconsolidated from NEER in January 2018. See Note 1 - NextEra Energy Partners, LP.
(d)
NEER includes PTCs that were recognized based on its tax sharing agreement with NEE. See Note 1 - Income Taxes.