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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
OPERATING REVENUES $ 6,700 $ 6,069 $ 12,947 $ 11,801
OPERATING EXPENSES        
Fuel, purchased power and interchange 1,184 1,280 2,348 2,486
Other operations and maintenance 1,220 1,171 2,393 2,293
Depreciation and amortization 1,773 1,409 2,868 2,307
Taxes other than income taxes and other – net 630 568 1,225 1,120
Total operating expenses – net 4,807 4,428 8,834 8,206
GAINS ON DISPOSAL OF BUSINESSES/ASSETS – NET 18 29 54 87
OPERATING INCOME 1,911 1,670 4,167 3,682
OTHER INCOME (DEDUCTIONS)        
Interest expense (1,060) (820) (2,834) (1,143)
Equity in earnings (losses) of equity method investees 177 159 (469) 362
Allowance for equity funds used during construction 44 41 82 97
Gains on disposal of investments and other property – net 103 116 101 131
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net 70 (89) 2 40
Other net periodic benefit income 67 66 134 104
Other – net 71 89 144 123
Total other income (deductions) – net (528) (438) (2,840) (286)
INCOME BEFORE INCOME TAXES 1,383 1,232 1,327 3,396
INCOME TAX EXPENSE (BENEFIT) (256) (64) (777) 163
NET INCOME 1,639 1,296 2,104 3,233
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS 389 326 758 657
Net income (loss) attributable to NEE $ 2,028 $ 1,622 $ 2,862 $ 3,890
Earnings (loss) per share of common stock:        
Basic (in dollars per share) $ 0.99 $ 0.79 $ 1.39 $ 1.90
Assuming dilution (in dollars per share) $ 0.98 $ 0.79 $ 1.39 $ 1.89
Florida Power & Light Company        
OPERATING REVENUES $ 4,708 $ 4,389 $ 8,705 $ 8,224
OPERATING EXPENSES        
Fuel, purchased power and interchange 946 1,081 1,881 2,115
Other operations and maintenance 442 393 822 754
Depreciation and amortization 1,080 694 1,488 997
Taxes other than income taxes and other – net 523 481 998 943
Total operating expenses – net 2,991 2,649 5,189 4,809
OPERATING INCOME 1,717 1,740 3,516 3,415
OTHER INCOME (DEDUCTIONS)        
Interest expense (326) (290) (644) (569)
Allowance for equity funds used during construction 40 37 77 90
Other – net 8 2 21 4
Total other income (deductions) – net (278) (251) (546) (475)
INCOME BEFORE INCOME TAXES 1,439 1,489 2,970 2,940
INCOME TAX EXPENSE (BENEFIT) 164 257 379 536
NET INCOME [1] $ 1,275 $ 1,232 $ 2,591 $ 2,404
[1] FPL's comprehensive income is the same as reported net income.