Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2022

Equity Method Investments and Joint Ventures [Abstract]

Summarized combined information for principal operating entities

Summarized combined information for these principal entities is as follows:

	2022		2021
	(millions)
Operating revenue	$	1,705	$	1,469
Operating income	$	1,423	$	559
Net income	$	1,380	$	739
Total assets	$	26,058	$	29,537
Total liabilities	$	9,779	$	9,501
Partners'/members' equity(a)	$	16,279	$	20,036
NEE's share of underlying equity in the principal entities	$	2,379	$	4,352
Difference between investment carrying amount and underlying equity in net assets(b)	2,589		1,133
NEE's investment carrying amount for the principal entities	$	4,968	$	5,485

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

(b)Approximately $2.5 billion in 2022 and $2.6 billion in 2021 is associated with NEP OpCo, of which approximately 75% relates to goodwill and is not being amortized and the remaining balance is being amortized primarily over a period of 13 to 25 years. The difference for 2021 is net of an approximately $1.5 billion impairment charge in 2020 related to NextEra Energy Resources' investment in Mountain Valley Pipeline. See Note 4 – Nonrecurring Fair Value Measurements for a discussion of impairment charges in 2020 and 2022.