Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2021

Equity Method Investments and Joint Ventures [Abstract]

Summarized combined information for principal operating entities

Summarized combined information for these principal entities is as follows:

	2021		2020
	(millions)
Operating revenue	$	1,469	$	1,359
Operating income	$	559	$	538
Net income	$	739	$	516
Total assets	$	29,537	$	22,717
Total liabilities	$	9,501	$	6,612
Partners'/members' equity(a)	$	20,036	$	16,105
NEE's share of underlying equity in the principal entities	$	4,352	$	3,927
Difference between investment carrying amount and underlying equity in net assets(b)	1,133		1,312
NEE's investment carrying amount for the principal entities	$	5,485	$	5,239

______________________

(a)Reflects NEE's interest, as well as third-party interests, in NEP OpCo.

(b)Approximately $2.6 billion in 2021 and $2.8 billion in 2020 is associated with NEP OpCo, of which approximately 75% and 70%, respectively, relates to goodwill and is not being amortized and the remaining balance is being amortized primarily over a period of 17 to 25 years. The difference for both years is net of an approximately $1.5 billion impairment charge in 2020 related to NextEra Energy Resources' investment in Mountain Valley Pipeline. In the first quarter of 2022, NextEra Energy Resources recorded an additional impairment charge to completely write off its investment in Mountain Valley Pipeline. See Note 4 – Nonrecurring Fair Value Measurements for a discussion of the impairment charges.