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Segment Information (Tables)
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment information
 
Three Months Ended September 30,
 
2020
 
2019
 
FPL
 
Gulf Power
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
FPL
 
Gulf Power
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
 
 
Operating revenues
$
3,455

 
$
404

 
$
953

 
$
(27
)
 
$
4,785

 
$
3,491

 
$
440

 
$
1,675

 
$
(34
)
 
$
5,572

Operating expenses - net
$
2,395

 
$
289

 
$
1,026

 
$
67

 
$
3,777

 
$
2,518

 
$
332

 
$
1,117

 
$
12


$
3,979

Net income (loss) attributable to NEE
$
757

 
$
91

 
$
376

(b) 
$
5

 
$
1,229

 
$
683

 
$
76

 
$
381

(b) 
$
(261
)
 
$
879


 
Nine Months Ended September 30,
 
2020
 
2019
 
FPL
 
Gulf Power
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
FPL
 
Gulf Power
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
 
 
Operating revenues
$
8,820

 
$
1,065

 
$
3,802

 
$
(85
)
 
$
13,602

 
$
9,267

 
$
1,134

 
$
4,301

 
$
(86
)
 
$
14,616

Operating expenses - net
$
5,779

 
$
817

 
$
2,706

 
$
124

 
$
9,426

 
$
6,582

 
$
901

 
$
2,579


$
78


$
10,140

Net income (loss) attributable to NEE
$
2,148

 
$
185

 
$
1,175

(b) 
$
(584
)
 
$
2,924

 
$
1,934

 
$
158

 
$
1,374

(b) 
$
(672
)
 
$
2,794

———————————————
(a)
Interest expense allocated from NEECH is based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual NEECH corporate interest expense is included in Corporate and Other.
(b)
See Note 6 for a discussion of NEER's tax benefits related to PTCs.


 
September 30, 2020
 
December 31, 2019
 
FPL
 
Gulf Power
 
NEER
 
Corporate
and Other
 
NEE
Consoli-
dated
 
FPL
 
Gulf Power
 
NEER
 
Corporate
and Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
 
 
Total assets
$
60,503

 
$
6,679

 
$
54,961

 
$
4,239

 
$
126,382

 
$
57,188

 
$
5,855

 
$
51,516

 
$
3,132

 
$
117,691