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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,728 $ 1,487
Customer receivables, net of allowances 3,871 3,336
Other receivables 1,716 1,180
Materials, supplies and fuel inventory 2,207 2,214
Regulatory assets 858 1,417
Derivatives 856 879
Other 1,257 1,438
Total current assets 12,493 11,951
Other assets:    
Property, plant and equipment – net 145,742 138,852
Special use funds 10,232 9,800
Investment in equity method investees 5,401 6,118
Prepaid benefit costs 2,600 2,496
Regulatory assets 5,425 4,828
Derivatives 1,634 1,774
Goodwill 4,867 4,866
Other 10,436 9,459
Total other assets 186,337 178,193
TOTAL ASSETS 198,830 190,144
Current liabilities:    
Commercial paper 4,027 1,670
Other short-term debt 767 217
Current portion of long-term debt 5,705 8,061
Accounts payable 4,197 6,982
Customer deposits 701 694
Accrued interest and taxes 1,654 1,016
Derivatives 1,262 1,073
Accrued construction-related expenditures 1,996 2,346
Regulatory liabilities 375 279
Other 2,363 3,017
Total current liabilities 23,047 25,355
Other liabilities and deferred credits:    
Long-term debt 82,690 72,385
Asset retirement obligations 3,770 3,671
Deferred income taxes 11,414 11,749
Regulatory liabilities 10,619 10,635
Derivatives 2,293 2,008
Other 4,065 3,480
Total other liabilities and deferred credits 114,851 103,928
TOTAL LIABILITIES 137,898 129,283
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS – VIEs 49 401
EQUITY    
Common stock 21 21
Additional paid-in capital 17,370 17,260
Retained earnings 33,476 32,946
Accumulated other comprehensive loss (70) (126)
Total common shareholders' equity 50,797 50,101
Noncontrolling interests 10,086 10,359
TOTAL EQUITY 60,883 60,460
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY 198,830 190,144
Florida Power & Light Company    
Current assets:    
Cash and cash equivalents 131 32
Customer receivables, net of allowances 1,921 1,400
Other receivables 398 380
Materials, supplies and fuel inventory 1,324 1,309
Regulatory assets 831 1,405
Derivatives 11 31
Other 199 257
Total current assets 4,804 4,783
Other assets:    
Electric utility plant and other property – net 78,885 76,166
Special use funds 7,193 6,875
Prepaid benefit costs 2,013 1,954
Regulatory assets 5,074 4,464
Derivatives 7 9
Goodwill 2,965 2,965
Other 871 934
Total other assets 97,001 93,358
TOTAL ASSETS 101,805 98,141
Current liabilities:    
Commercial paper 1,327 1,430
Current portion of long-term debt 1,240 1,719
Accounts payable 1,068 996
Customer deposits 677 669
Accrued interest and taxes 1,017 443
Derivatives 61 3
Accrued construction-related expenditures 692 860
Regulatory liabilities 367 273
Other 665 1,105
Total current liabilities 7,053 7,495
Other liabilities and deferred credits:    
Long-term debt 26,362 25,026
Asset retirement obligations 2,314 2,276
Deferred income taxes 9,728 9,438
Regulatory liabilities 10,427 10,465
Derivatives 1 4
Other 354 365
Total other liabilities and deferred credits 49,185 47,570
TOTAL LIABILITIES 56,238 55,065
COMMITMENTS AND CONTINGENCIES
EQUITY    
Common stock 1,373 1,373
Additional paid-in capital 26,867 26,868
Retained earnings 17,327 14,835
TOTAL EQUITY 45,567 43,076
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY $ 101,805 $ 98,141