Employee Retirement Benefits

6 Months Ended

Jun. 30, 2022

Retirement Benefits [Abstract]

Employee Retirement Benefits

Employee Retirement Benefits

NEE sponsors a qualified noncontributory defined benefit pension plan for substantially all employees of NEE and its subsidiaries and sponsors a contributory postretirement plan for other benefits for retirees of NEE and its subsidiaries meeting certain eligibility requirements.

The components of net periodic cost (income) for the plans are as follows:

	Pension Benefits				Postretirement Benefits				Pension Benefits				Postretirement Benefits
	Three Months Ended June 30,				Three Months Ended June 30,				Six Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021		2022		2021		2022		2021
	(millions)
Service cost	$	21	$	22	$	1	$	—	$	43	$	45	$	1	$	1
Interest cost	20		16		1		1		39		32		2		2
Expected return on plan assets	(90)		(85)		—		—		(181)		(170)		—		—
Amortization of actuarial loss	—		6		—		2		—		12		1		3
Amortization of prior service benefit	(1)		—		(1)		(4)		(1)		—		(2)		(8)
Special termination benefits(a)	52		—		—		—		52		—		—		—
Net periodic cost (income) at NEE	$	2	$	(41)	$	1	$	(1)	$	(48)	$	(81)	$	2	$	(2)
Net periodic cost (income) allocated to FPL	$	7	$	(27)	$	1	$	(1)	$	(27)	$	(54)	$	2	$	(2)

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(a)    Reflects enhanced early retirement benefit.