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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,690 $ 1,601
Customer receivables, net 3,609 4,349
Other receivables 944 744
Materials, supplies and fuel inventory 2,106 1,934
Regulatory assets 1,460 2,165
Derivatives 1,730 1,590
Contract assets 1,487 318
Other 1,335 789
Total current assets 15,361 13,490
Other assets:    
Property, plant and equipment – net 125,776 111,059
Special use funds 8,698 7,496
Investment in equity method investees 6,156 6,582
Prepaid benefit costs 2,112 1,832
Regulatory assets 4,801 5,992
Derivatives 1,790 1,935
Goodwill 5,091 4,854
Other 7,704 5,695
Total other assets 162,128 145,445
TOTAL ASSETS 177,489 158,935
Current liabilities:    
Commercial paper 4,650 1,709
Other short-term debt 255 1,368
Current portion of long-term debt 6,901 6,633
Accounts payable 8,504 8,312
Customer deposits 638 560
Accrued interest and taxes 970 719
Derivatives 845 2,102
Accrued construction-related expenditures 1,861 1,760
Regulatory liabilities 340 350
Other 2,999 3,182
Total current liabilities 27,963 26,695
Other liabilities and deferred credits:    
Long-term debt 61,405 55,256
Asset retirement obligations 3,403 3,245
Deferred income taxes 10,142 9,072
Regulatory liabilities 10,049 9,626
Derivatives 2,741 2,909
Other 2,762 2,696
Total other liabilities and deferred credits 90,502 82,804
TOTAL LIABILITIES 118,465 109,499
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS – VIEs 1,256 1,110
EQUITY    
Common stock 21 20
Additional paid-in capital 17,365 12,720
Retained earnings 30,235 26,707
Accumulated other comprehensive loss (153) (218)
Total common shareholders' equity 47,468 39,229
Noncontrolling interests 10,300 9,097
TOTAL EQUITY 57,768 48,326
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY 177,489 158,935
FPL [Member]    
Current assets:    
Cash and cash equivalents 57 25
Customer receivables, net 1,706 1,739
Other receivables 319 332
Materials, supplies and fuel inventory 1,339 1,159
Regulatory assets 1,431 2,155
Derivatives 13 19
Other 144 143
Total current assets 4,996 5,553
Other assets:    
Electric utility plant and other property – net 70,608 64,693
Special use funds 6,050 5,221
Prepaid benefit costs 1,853 1,732
Regulatory assets 4,343 5,484
Derivatives 14 10
Goodwill 2,965 2,989
Other 654 887
Total other assets 86,473 81,006
TOTAL ASSETS 91,469 86,559
Current liabilities:    
Commercial paper 2,374 1,709
Other short-term debt 255 200
Current portion of long-term debt 1,665 1,547
Accounts payable 977 1,377
Customer deposits 610 543
Accrued interest and taxes 661 362
Derivatives 9 12
Accrued construction-related expenditures 486 559
Regulatory liabilities 335 349
Other 713 1,197
Total current liabilities 8,076 7,843
Other liabilities and deferred credits:    
Long-term debt 23,609 19,455
Asset retirement obligations 2,143 2,108
Deferred income taxes 8,542 8,376
Regulatory liabilities 9,893 9,458
Derivatives 6 1
Other 371 399
Total other liabilities and deferred credits 44,558 39,796
TOTAL LIABILITIES 52,634 47,639
COMMITMENTS AND CONTINGENCIES
EQUITY    
Common stock 1,373 1,373
Additional paid-in capital 23,470 23,561
Retained earnings 13,992 13,986
TOTAL EQUITY 38,835 38,920
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY $ 91,469 $ 86,559