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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 2,263 $ 2,690
Customer receivables, net of allowances 3,553 3,609
Other receivables 796 944
Materials, supplies and fuel inventory 2,258 2,106
Regulatory assets 572 1,460
Derivatives 875 1,730
Contract assets 627 1,487
Other 1,236 1,335
Total current assets 12,180 15,361
Other assets:    
Property, plant and equipment – net 134,309 125,776
Special use funds 9,755 8,698
Investment in equity method investees 7,259 6,156
Prepaid benefit costs 2,237 2,112
Regulatory assets 5,030 4,801
Derivatives 1,578 1,790
Goodwill 4,919 5,091
Other 8,746 7,704
Total other assets 173,833 162,128
TOTAL ASSETS 186,013 177,489
Current liabilities:    
Commercial paper 3,970 4,650
Other short-term debt 5,140 255
Current portion of long-term debt 7,557 6,901
Accounts payable 4,884 8,504
Customer deposits 683 638
Accrued interest and taxes 1,758 970
Derivatives 1,122 845
Accrued construction-related expenditures 1,616 1,861
Regulatory liabilities 371 340
Other 2,546 2,999
Total current liabilities 29,647 27,963
Other liabilities and deferred credits:    
Long-term debt 66,100 61,405
Asset retirement obligations 3,557 3,403
Deferred income taxes 10,954 10,142
Regulatory liabilities 10,501 10,049
Derivatives 2,404 2,741
Other 3,312 2,762
Total other liabilities and deferred credits 96,828 90,502
TOTAL LIABILITIES 126,475 118,465
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS – VIEs 0 1,256
EQUITY    
Common stock 21 21
Additional paid-in capital 17,359 17,365
Retained earnings 32,802 30,235
Accumulated other comprehensive loss (131) (153)
Total common shareholders' equity 50,051 47,468
Noncontrolling interests 9,487 10,300
TOTAL EQUITY 59,538 57,768
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY 186,013 177,489
Florida Power & Light Company    
Current assets:    
Cash and cash equivalents 138 57
Customer receivables, net of allowances 1,918 1,706
Other receivables 332 319
Materials, supplies and fuel inventory 1,339 1,339
Regulatory assets 540 1,431
Derivatives 17 13
Other 216 144
Total current assets 4,483 4,996
Other assets:    
Electric utility plant and other property – net 74,735 70,608
Special use funds 6,825 6,050
Prepaid benefit costs 1,923 1,853
Regulatory assets 4,562 4,343
Derivatives 15 14
Goodwill 2,965 2,965
Other 697 654
Total other assets 91,707 86,473
TOTAL ASSETS 96,190 91,469
Current liabilities:    
Commercial paper 850 2,374
Other short-term debt 0 255
Current portion of long-term debt 1,119 1,665
Accounts payable 891 977
Customer deposits 658 610
Accrued interest and taxes 1,280 661
Derivatives 4 9
Accrued construction-related expenditures 461 486
Regulatory liabilities 367 335
Other 776 713
Total current liabilities 6,402 8,076
Other liabilities and deferred credits:    
Long-term debt 25,622 23,609
Asset retirement obligations 2,207 2,143
Deferred income taxes 9,012 8,542
Regulatory liabilities 10,338 9,893
Derivatives 2 6
Other 378 371
Total other liabilities and deferred credits 47,557 44,558
TOTAL LIABILITIES 53,959 52,634
COMMITMENTS AND CONTINGENCIES
EQUITY    
Common stock 1,373 1,373
Additional paid-in capital 26,868 23,470
Retained earnings 13,990 13,992
TOTAL EQUITY 42,231 38,835
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY $ 96,190 $ 91,469