Debt

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Debt

Debt

Significant long-term debt issuances and borrowings during the three months ended March 31, 2021 were as follows:

	Principal Amount		Interest Rate			Maturity Date
	(millions)
FPL:
Senior unsecured notes	$	184	Variable		(a)(b)	2071
NEECH:
Debentures	$	2,150	Variable		(a)	2023
Debentures	$	2,000	0.65	%		2023
Term loan	$	200	Variable		(a)	2024

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(a)Variable rate is based on an underlying index plus or minus a specified margin.

(b)Allows individual noteholders to require repayment at specified dates prior to maturity.

See Note 5 - Merger of FPL and Gulf Power Company and - GridLiance regarding the assumption of debt during the quarter ended March 31, 2021.