Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Net income attributable to NEE and significant expenses for NEE's reportable segments and the FPL reportable segment are shown below.

	Three Months Ended March 31, 2025
	FPL		NEER			Total
	(millions)
Operating revenues	$	3,997	$	2,163		$	6,160
Corporate and Other						87
Total consolidated revenues						6,247
Less:
Fuel, purchased power and interchange	936		229
Other operations and maintenance	379		659
Depreciation and amortization	408		671
Taxes other than income taxes and other – net	475		119
Interest expense	317		548		(a)
Income tax expense (benefit)(b)	215		(515)
Other segment items(c)	49		(280)
Net income attributable to NEE for reportable segments	1,316		172			1,488
Reconciliation of segment profit/(loss)
Corporate and Other						(655)
Net income attributable to NEE	$	1,316	$	172		$	833

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(a)Interest expense allocated from NEECH to NextEra Energy Resources is based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual NEECH corporate interest expense is included in Corporate and Other.

(b)Includes amounts that were recognized based on the tax sharing agreement with NEE. See Note 4.

(c)Other segment items for each reportable segment include:

FPL – Allowance for equity funds used during construction and other – net

NEER – Gains on disposal of businesses/assets – net, equity in earnings (losses) of equity method investees, allowance for equity funds used during construction, gains (losses) on disposal of investments and other property – net, change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net, other – net and net loss attributable to noncontrolling interests

	Three Months Ended March 31, 2024
	FPL		NEER			Total
	(millions)
Operating revenues	$	3,834	$	1,864		$	5,698
Corporate and Other						33
Total consolidated revenues						5,731
Less:
Fuel, purchased power and interchange	1,034		196
Other operations and maintenance	361		692
Depreciation and amortization	303		579
Taxes other than income taxes and other – net	460		89
Interest expense	279		173		(a)
Income tax expense (benefit)(b)	279		(97)
Other segment items(c)	54		734
Net income attributable to NEE for reportable segments	1,172		966			2,138
Reconciliation of segment profit/(loss)
Corporate and Other						130
Net income attributable to NEE	$	1,172	$	966		$	2,268

_________________________

(a)Interest expense allocated from NEECH to NextEra Energy Resources is based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual NEECH corporate interest expense is included in Corporate and Other.

(b)Includes amounts that were recognized based on the tax sharing agreement with NEE. See Note 4.

(c)Other segment items for each reportable segment include:

FPL – Allowance for equity funds used during construction and other – net

NEER – Gains on disposal of businesses/assets – net, equity in earnings (losses) of equity method investees, allowance for equity funds used during construction, gains (losses) on disposal of investments and other property – net, change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net, other – net and net loss attributable to noncontrolling interests

Segment information

NEE's and FPL's additional segment information is as follows:

	FPL		NEER		Total Reportable Segments		Corp. and Other		Total Consolidated
	(millions)
Three Months Ended March 31, 2025
Equity in losses of equity method investees	$	—	$	(646)	$	(646)	$	—	$	(646)
Net loss attributable to noncontrolling interests	$	—	$	369	$	369	$	—	$	369
Capital expenditures, independent power and other investments and nuclear fuel purchases	$	2,392	$	5,543	$	7,935	$	7	$	7,942
March 31, 2025
Property, plant and equipment – net	$	77,427	$	64,633	$	142,060	$	163	$	142,223
Total assets	$	100,064	$	91,631	$	191,695	$	2,569	$	194,264
Investment in equity method investees	$	—	$	5,270	$	5,270	$	—	$	5,270

	FPL		NEER		Total Reportable Segments		Corp. and Other		Total Consolidated
	(millions)
Three Months Ended March 31, 2024
Equity in earnings of equity method investees	$	—	$	183	$	183	$	20	$	203
Net loss attributable to noncontrolling interests	$	—	$	331	$	331	$	—	$	331
Capital expenditures, independent power and other investments and nuclear fuel purchases	$	2,345	$	7,275	$	9,620	$	91	$	9,711
December 31, 2024
Property, plant and equipment – net	$	76,166	$	62,526	$	138,692	$	160	$	138,852
Total assets	$	98,141	$	89,398	$	187,539	$	2,605	$	190,144
Investment in equity method investees	$	—	$	6,118	$	6,118	$	—	$	6,118