Income Taxes (Tables)

3 Months Ended

Mar. 31, 2021

Income Tax Disclosure [Abstract]

Reconciliation Between the Effective Income Tax Rates and the Applicable Statutory Rate

A reconciliation between the effective income tax rates and the applicable statutory rate is as follows:

	NEE				FPL
	Three Months Ended March 31,				Three Months Ended March 31,
	2021		2020		2021		2020
Statutory federal income tax rate	21.0	%	21.0	%	21.0	%	21.0	%
Increases (reductions) resulting from:
State income taxes - net of federal income tax benefit	0.8		(61.0)		4.4		4.3
Taxes attributable to noncontrolling interests	2.0		32.7		—		—
PTCs and ITCs - NEER	(5.0)		(86.5)		—		—
Amortization of deferred regulatory credit	(1.9)		(55.5)		(3.4)		(4.8)
Foreign operations	0.2		(76.9)		—		—
Other - net	(2.8)		(95.7)		(0.8)		(2.7)
Effective income tax rate	14.3	%	(321.9)	%	21.2	%	17.8	%