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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 2,559 $ 2,544
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 3,108 3,247
Nuclear fuel and other amortization 184 190
Unrealized losses on marked to market derivative contracts – net 952 135
Foreign currency transaction losses 5 10
Deferred income taxes (44) 125
Cost recovery clauses and franchise fees (34) 93
Equity in losses (earnings) of equity method investees (13) 80
Distributions of earnings from equity method investees 339 337
Gains on disposal of businesses, assets and investments – net (321) (415)
Other - net 131 (74)
Changes in operating assets and liabilities:    
Current assets (513) (310)
Noncurrent assets (169) (87)
Current liabilities 414 356
Noncurrent liabilities 33 12
Net cash provided by operating activities 6,631 6,243
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures of FPL (4,379) (3,603)
Acquisition and capital expenditures of Gulf Power (859) (4,928)
Independent power and other investments of NEER (3,908) (4,628)
Nuclear fuel purchases (158) (245)
Other capital expenditures, acquisitions and other investments (8) (209)
Sale of independent power and other investments of NEER 178 1,228
Proceeds from sale or maturity of securities in special use funds 3,163 2,812
Purchases of securities in special use funds (3,306) (2,901)
Other - net 71 11
Net cash used in investing activities (9,206) (12,463)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuances of long-term debt, including premiums and discounts 11,898 10,913
Retirements of long-term debt (3,690) (3,561)
Proceeds from differential membership investors 572 190
Net change in commercial paper (2,516) (234)
Proceeds from other short-term debt 2,158 0
Repayments of other short-term debt (2,100) (4,725)
Payments from related parties under a cash sweep and credit support agreement – net 70 460
Issuances of common stock/equity units - net (100)  
Issuances of common stock/equity units - net   1,488
Dividends (2,057) (1,797)
Other - net (321) (211)
Net cash provided by (used in) financing activities 3,914 2,523
Effects of currency translation on cash, cash equivalents and restricted cash (10) 2
Net increase (decrease) in cash, cash equivalents and restricted cash 1,329 (3,695)
Cash, cash equivalents and restricted cash at beginning of period 1,108 5,253
Cash, cash equivalents and restricted cash at end of period 2,437 1,558
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Accrued property additions 4,612 2,071
Increase in property, plant and equipment related to an acquisition 353 0
Decrease in joint venture investments related to an acquisition 145 0
FPL [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income [1] 2,148 1,934
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,775 2,005
Nuclear fuel and other amortization 123 130
Deferred income taxes 264 48
Cost recovery clauses and franchise fees (30) 104
Other - net 31 (19)
Changes in operating assets and liabilities:    
Current assets (460) (318)
Noncurrent assets (69) (47)
Current liabilities 588 403
Noncurrent liabilities (32) (6)
Net cash provided by operating activities 4,338 4,234
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures of FPL (4,379) (3,603)
Nuclear fuel purchases (122) (150)
Proceeds from sale or maturity of securities in special use funds 1,964 1,798
Purchases of securities in special use funds (2,027) (1,885)
Other - net (22) 31
Net cash used in investing activities (4,586) (3,809)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuances of long-term debt, including premiums and discounts 2,952 2,493
Retirements of long-term debt (1,291) (85)
Net change in commercial paper (1,482) (811)
Capital contributions from NEE 1,900 250
Dividends (1,760) (2,200)
Other - net (37) (38)
Net cash provided by (used in) financing activities 282 (391)
Net increase (decrease) in cash, cash equivalents and restricted cash 34 34
Cash, cash equivalents and restricted cash at beginning of period 195 254
Cash, cash equivalents and restricted cash at end of period 229 288
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Accrued property additions $ 665 $ 557
[1]
FPL's comprehensive income is the same as reported net income.