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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Pay Versus Performance table
​
Year(1)
​ ​
Summary
Compensation
Table Total
for First PEO
($)
​ ​
Summary
Compensation
Table Total
for Second
PEO
($)
​ ​
Compensation
Actually
Paid to First
PEO(2)
($)
​ ​
Compensation
Actually
Paid to Second
PEO(2)
($)
​ ​
Average
Summary
Compensation
Table Total
for non-PEO
NEOs
($)
​ ​
Average
Compensation
Actually Paid
to non-PEO
NEOs(2)
($)
​ ​
Value of Initial Fixed
$100 Investment Based
On:
​ ​
Net
Income
($MMs)(4)
​ ​
Adjusted
EPS(5)
($)
​
​
Total
Shareholder
Return
($)
​ ​
Peer
Group
Total
Shareholder
Return(3)
($)
​
​
(a)
​ ​
(b)
​ ​
(b)
​ ​
(c)
​ ​
(c)
​ ​
(d)
​ ​
(e)
​ ​
(f)
​ ​
(g)
​ ​
(h)
​ ​
(i)
​
​ 2023 ​ ​ ​ ​ 20,591,124 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ ​ 7,211,720 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ ​ 8,470,154 ​ ​ ​ ​ ​ 3,917,791 ​ ​ ​ ​ ​ 109.62 ​ ​ ​ ​ ​ 107.78 ​ ​ ​ ​ ​ 6,282 ​ ​ ​ ​ ​ 3.17 ​ ​
​ 2022 ​ ​ ​ ​ 40,406,018 ​ ​ ​ ​ ​ 17,414,329 ​ ​ ​ ​ ​ 34,410,149 ​ ​ ​ ​ ​ 18,918,020 ​ ​ ​ ​ ​ 7,394,893 ​ ​ ​ ​ ​ 7,426,310 ​ ​ ​ ​ ​ 146.74 ​ ​ ​ ​ ​ 118.17 ​ ​ ​ ​ ​ 3,246 ​ ​ ​ ​ ​ 2.90 ​ ​
​ 2021 ​ ​ ​ ​ 25,335,936 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ ​ 55,348,220 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ ​ 13,316,860 ​ ​ ​ ​ ​ 19,729,777 ​ ​ ​ ​ ​ 160.51 ​ ​ ​ ​ ​ 118.24 ​ ​ ​ ​ ​ 2,827 ​ ​ ​ ​ ​ 2.55 ​ ​
​ 2020 ​ ​ ​ ​ 23,720,707 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ ​ 63,079,713 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ ​ 6,454,940 ​ ​ ​ ​ ​ 12,715,279 ​ ​ ​ ​ ​ 130.08 ​ ​ ​ ​ ​ 100.49 ​ ​ ​ ​ ​ 2,369 ​ ​ ​ ​ ​ 2.31 ​ ​
(1)
During 2023, our PEO was Mr. Ketchum. During 2022, our PEOs were Mr. Robo (first PEO) and Mr. Ketchum (second PEO). During 2021 and 2020, our PEO was Mr. Robo. During 2023, our non-PEO NEOs consisted of Mr. Crews, Mrs. Kujawa, Mr. Pimentel and Mr. Sieving. During 2022, our non-PEO NEOs consisted of Mr. Crews, Mrs. Kujawa, Mr. Silagy, Mr. Sieving and Ms. Caplan. During 2021 and 2020, our non-PEO NEOs consisted of Messrs. Ketchum, Silagy and Sieving and Mrs. Kujawa.
​
(2)
The following table sets forth the adjustments made during each year represented in the PVP Table to arrive at “compensation actually paid” during each year:
​
PEO and average non-PEO NEOs summary compensation table total to compensation actually paid reconciliation
​
Year
​ ​
Executive(s)
​ ​
Summary
Compensation
Table Total
($)
​ ​
Deduct
Option and
Stock
Awards
Granted in
Fiscal Year
($)
​ ​
Add Fair
Value at
Fiscal
Year-End
of Unvested
Option and
Stock
Awards
Granted in
Fiscal Year
($)
​ ​
Add
Change in
FAIR Value of
Unvested
Option
and Stock
Awards
Granted
in Prior
Fiscal Year
($)
​ ​
Add
Change
in FAIR Value
of Option
and Stock
Awards
Vested in
Fiscal Year
($)
​ ​
Deduct
Fair Value
of Option
and Stock
Awards
Forfeited
in Fiscal
Year
($)
​ ​
Deduct
Change
in Pension
Value and
Nonqualified
Deferred
Compensation
Earnings
Column
of the SCT
($)
​ ​
Add
Pension
Service
Cost
($)
​ ​
Add
Dividends
Paid on
Unvested
Shares
in Fiscal
Year
($)
​ ​
Compensation
Actually Paid
($)(i)
​
​
2023
​ ​
PEO
​ ​ ​ ​ 20,591,124 ​ ​ ​ ​ ​ (13,168,902) ​ ​ ​ ​ ​ 9,993,852 ​ ​ ​ ​ ​ (7,479,727) ​ ​ ​ ​ ​ (2,338,619) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (811,026) ​ ​ ​ ​ ​ 352,471 ​ ​ ​ ​ ​ 72,547 ​ ​ ​ ​ ​ 7,211,720 ​ ​
​
Other NEOs
​ ​ ​ ​ 8,470,154 ​ ​ ​ ​ ​ (5,804,360) ​ ​ ​ ​ ​ 4,172,741 ​ ​ ​ ​ ​ (2,166,093) ​ ​ ​ ​ ​ (625,020) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (288,148) ​ ​ ​ ​ ​ 120,554 ​ ​ ​ ​ ​ 37,962 ​ ​ ​ ​ ​ 3,917,791 ​ ​
​
2022
​ ​
First PEO
​ ​ ​ ​ 40,406,018 ​ ​ ​ ​ ​ (13,094,677) ​ ​ ​ ​ ​ 18,259,934 ​ ​ ​ ​ ​ (1,507,964) ​ ​ ​ ​ ​ (9,326,246) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (1,000,479) ​ ​ ​ ​ ​ 597,194 ​ ​ ​ ​ ​ 76,368 ​ ​ ​ ​ ​ 34,410,149 ​ ​
​
Second PEO
​ ​ ​ ​ 17,414,329 ​ ​ ​ ​ ​ (10,623,931) ​ ​ ​ ​ ​ 15,168,274 ​ ​ ​ ​ ​ (1,053,175) ​ ​ ​ ​ ​ (1,857,707) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (475,209) ​ ​ ​ ​ ​ 292,699 ​ ​ ​ ​ ​ 52,740 ​ ​ ​ ​ ​ 18,918,020 ​ ​
​
Other NEOs
​ ​ ​ ​ 7,394,893 ​ ​ ​ ​ ​ (4,332,201) ​ ​ ​ ​ ​ 6,010,715 ​ ​ ​ ​ ​ (554,750) ​ ​ ​ ​ ​ (1,002,574) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (305,362) ​ ​ ​ ​ ​ 185,918 ​ ​ ​ ​ ​ 29,670 ​ ​ ​ ​ ​ 7,426,310 ​ ​
​
2021
​ ​
First PEO
​ ​ ​ ​ 25,335,936 ​ ​ ​ ​ ​ (17,391,104) ​ ​ ​ ​ ​ 23,190,233 ​ ​ ​ ​ ​ 14,918,520 ​ ​ ​ ​ ​ 9,630,919 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (1,023,668) ​ ​ ​ ​ ​ 598,193 ​ ​ ​ ​ ​ 89,191 ​ ​ ​ ​ ​ 55,348,220 ​ ​
​
Other NEOs
​ ​ ​ ​ 13,316,860 ​ ​ ​ ​ ​ (9,961,104) ​ ​ ​ ​ ​ 12,160,788 ​ ​ ​ ​ ​ 2,529,143 ​ ​ ​ ​ ​ 1,788,740 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (375,214) ​ ​ ​ ​ ​ 238,766 ​ ​ ​ ​ ​ 31,799 ​ ​ ​ ​ ​ 19,729,777 ​ ​
​
2020
​ ​
First PEO
​ ​ ​ ​ 23,720,707 ​ ​ ​ ​ ​ (16,101,809) ​ ​ ​ ​ ​ 22,483,170 ​ ​ ​ ​ ​ 20,062,587 ​ ​ ​ ​ ​ 13,222,028 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (951,970) ​ ​ ​ ​ ​ 554,570 ​ ​ ​ ​ ​ 90,431 ​ ​ ​ ​ ​ 63,079,713 ​ ​
​
Other NEOs
​ ​ ​ ​ 6,454,940 ​ ​ ​ ​ ​ (3,495,669) ​ ​ ​ ​ ​ 4,783,802 ​ ​ ​ ​ ​ 3,164,051 ​ ​ ​ ​ ​ 1,901,154 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (316,805) ​ ​ ​ ​ ​ 193,518 ​ ​ ​ ​ ​ 30,289 ​ ​ ​ ​ ​ 12,715,279 ​ ​
(i)
Reflects the value of equity calculated in accordance with the SEC methodology for determining compensation actually paid, dividends paid in cash, and pension service cost for each year shown. The fair value of performance share awards was determined using the Monte-Carlo simulation process and the fair value of stock options was determined using the Black-Scholes pricing model. Compensation actually paid does not represent annual compensation realized.
​
(3)
TSR is determined based on the value of an initial fixed investment of $100 and reflects reinvestment of dividends. The TSR peer group consists of the S&P 500 Utilities Index.
​
(4)
Net income excludes net income attributable to non-controlling interests.
​
(5)
See Appendix A for a reconciliation of adjusted EPS to the most directly comparable GAAP financial measure.
​
Over the last four years, our Company had robust financial and operational performance. Our TSR exceeded the TSR of the S&P 500 Utilities Index; an initial investment of $100 in NextEra Energy stock at the beginning of 2020 would have grown to $109.62 at the end of 2023 while the same investment in the S&P 500 Utilities Index would have yielded $107.78. Our financial performance was strong with FY2021 net income growth of 19.3% FY2022 net income growth of 14.8% and FY2023 net income growth of 93.5%. Adjusted EPS growth was 10.4% in FY2021, 13.7% in FY2022 and 9.3% in 2023.
Our Company maintains a pay for performance philosophy and the majority of compensation is performance-based as further described in our Compensation Discussion & Analysis.
The higher values for compensation actually paid in 2020 and 2021 for our PEOs and non-PEO NEOs aligns with strong TSR, net income and adjusted EPS results over the same period. In 2022 and 2023, we continued to deliver outstanding net income and adjusted EPS performance, but the stock price declines in 2022 and 2023 caused our compensation actually paid to decrease notably compared to 2021 and 2020.
     
Company Selected Measure Name Adjusted EPS      
Named Executive Officers, Footnote
(1)
During 2023, our PEO was Mr. Ketchum. During 2022, our PEOs were Mr. Robo (first PEO) and Mr. Ketchum (second PEO). During 2021 and 2020, our PEO was Mr. Robo. During 2023, our non-PEO NEOs consisted of Mr. Crews, Mrs. Kujawa, Mr. Pimentel and Mr. Sieving. During 2022, our non-PEO NEOs consisted of Mr. Crews, Mrs. Kujawa, Mr. Silagy, Mr. Sieving and Ms. Caplan. During 2021 and 2020, our non-PEO NEOs consisted of Messrs. Ketchum, Silagy and Sieving and Mrs. Kujawa.
     
Peer Group Issuers, Footnote
(3)
TSR is determined based on the value of an initial fixed investment of $100 and reflects reinvestment of dividends. The TSR peer group consists of the S&P 500 Utilities Index.
     
Adjustment To PEO Compensation, Footnote
(2)
The following table sets forth the adjustments made during each year represented in the PVP Table to arrive at “compensation actually paid” during each year:
​
PEO and average non-PEO NEOs summary compensation table total to compensation actually paid reconciliation
​
Year
​ ​
Executive(s)
​ ​
Summary
Compensation
Table Total
($)
​ ​
Deduct
Option and
Stock
Awards
Granted in
Fiscal Year
($)
​ ​
Add Fair
Value at
Fiscal
Year-End
of Unvested
Option and
Stock
Awards
Granted in
Fiscal Year
($)
​ ​
Add
Change in
FAIR Value of
Unvested
Option
and Stock
Awards
Granted
in Prior
Fiscal Year
($)
​ ​
Add
Change
in FAIR Value
of Option
and Stock
Awards
Vested in
Fiscal Year
($)
​ ​
Deduct
Fair Value
of Option
and Stock
Awards
Forfeited
in Fiscal
Year
($)
​ ​
Deduct
Change
in Pension
Value and
Nonqualified
Deferred
Compensation
Earnings
Column
of the SCT
($)
​ ​
Add
Pension
Service
Cost
($)
​ ​
Add
Dividends
Paid on
Unvested
Shares
in Fiscal
Year
($)
​ ​
Compensation
Actually Paid
($)(i)
​
​
2023
​ ​
PEO
​ ​ ​ ​ 20,591,124 ​ ​ ​ ​ ​ (13,168,902) ​ ​ ​ ​ ​ 9,993,852 ​ ​ ​ ​ ​ (7,479,727) ​ ​ ​ ​ ​ (2,338,619) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (811,026) ​ ​ ​ ​ ​ 352,471 ​ ​ ​ ​ ​ 72,547 ​ ​ ​ ​ ​ 7,211,720 ​ ​
​
Other NEOs
​ ​ ​ ​ 8,470,154 ​ ​ ​ ​ ​ (5,804,360) ​ ​ ​ ​ ​ 4,172,741 ​ ​ ​ ​ ​ (2,166,093) ​ ​ ​ ​ ​ (625,020) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (288,148) ​ ​ ​ ​ ​ 120,554 ​ ​ ​ ​ ​ 37,962 ​ ​ ​ ​ ​ 3,917,791 ​ ​
​
2022
​ ​
First PEO
​ ​ ​ ​ 40,406,018 ​ ​ ​ ​ ​ (13,094,677) ​ ​ ​ ​ ​ 18,259,934 ​ ​ ​ ​ ​ (1,507,964) ​ ​ ​ ​ ​ (9,326,246) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (1,000,479) ​ ​ ​ ​ ​ 597,194 ​ ​ ​ ​ ​ 76,368 ​ ​ ​ ​ ​ 34,410,149 ​ ​
​
Second PEO
​ ​ ​ ​ 17,414,329 ​ ​ ​ ​ ​ (10,623,931) ​ ​ ​ ​ ​ 15,168,274 ​ ​ ​ ​ ​ (1,053,175) ​ ​ ​ ​ ​ (1,857,707) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (475,209) ​ ​ ​ ​ ​ 292,699 ​ ​ ​ ​ ​ 52,740 ​ ​ ​ ​ ​ 18,918,020 ​ ​
​
Other NEOs
​ ​ ​ ​ 7,394,893 ​ ​ ​ ​ ​ (4,332,201) ​ ​ ​ ​ ​ 6,010,715 ​ ​ ​ ​ ​ (554,750) ​ ​ ​ ​ ​ (1,002,574) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (305,362) ​ ​ ​ ​ ​ 185,918 ​ ​ ​ ​ ​ 29,670 ​ ​ ​ ​ ​ 7,426,310 ​ ​
​
2021
​ ​
First PEO
​ ​ ​ ​ 25,335,936 ​ ​ ​ ​ ​ (17,391,104) ​ ​ ​ ​ ​ 23,190,233 ​ ​ ​ ​ ​ 14,918,520 ​ ​ ​ ​ ​ 9,630,919 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (1,023,668) ​ ​ ​ ​ ​ 598,193 ​ ​ ​ ​ ​ 89,191 ​ ​ ​ ​ ​ 55,348,220 ​ ​
​
Other NEOs
​ ​ ​ ​ 13,316,860 ​ ​ ​ ​ ​ (9,961,104) ​ ​ ​ ​ ​ 12,160,788 ​ ​ ​ ​ ​ 2,529,143 ​ ​ ​ ​ ​ 1,788,740 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (375,214) ​ ​ ​ ​ ​ 238,766 ​ ​ ​ ​ ​ 31,799 ​ ​ ​ ​ ​ 19,729,777 ​ ​
​
2020
​ ​
First PEO
​ ​ ​ ​ 23,720,707 ​ ​ ​ ​ ​ (16,101,809) ​ ​ ​ ​ ​ 22,483,170 ​ ​ ​ ​ ​ 20,062,587 ​ ​ ​ ​ ​ 13,222,028 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (951,970) ​ ​ ​ ​ ​ 554,570 ​ ​ ​ ​ ​ 90,431 ​ ​ ​ ​ ​ 63,079,713 ​ ​
​
Other NEOs
​ ​ ​ ​ 6,454,940 ​ ​ ​ ​ ​ (3,495,669) ​ ​ ​ ​ ​ 4,783,802 ​ ​ ​ ​ ​ 3,164,051 ​ ​ ​ ​ ​ 1,901,154 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (316,805) ​ ​ ​ ​ ​ 193,518 ​ ​ ​ ​ ​ 30,289 ​ ​ ​ ​ ​ 12,715,279 ​ ​
(i)
Reflects the value of equity calculated in accordance with the SEC methodology for determining compensation actually paid, dividends paid in cash, and pension service cost for each year shown. The fair value of performance share awards was determined using the Monte-Carlo simulation process and the fair value of stock options was determined using the Black-Scholes pricing model. Compensation actually paid does not represent annual compensation realized.
     
Non-PEO NEO Average Total Compensation Amount $ 8,470,154 $ 7,394,893 $ 13,316,860 $ 6,454,940
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,917,791 7,426,310 19,729,777 12,715,279
Adjustment to Non-PEO NEO Compensation Footnote
(2)
The following table sets forth the adjustments made during each year represented in the PVP Table to arrive at “compensation actually paid” during each year:
​
PEO and average non-PEO NEOs summary compensation table total to compensation actually paid reconciliation
​
Year
​ ​
Executive(s)
​ ​
Summary
Compensation
Table Total
($)
​ ​
Deduct
Option and
Stock
Awards
Granted in
Fiscal Year
($)
​ ​
Add Fair
Value at
Fiscal
Year-End
of Unvested
Option and
Stock
Awards
Granted in
Fiscal Year
($)
​ ​
Add
Change in
FAIR Value of
Unvested
Option
and Stock
Awards
Granted
in Prior
Fiscal Year
($)
​ ​
Add
Change
in FAIR Value
of Option
and Stock
Awards
Vested in
Fiscal Year
($)
​ ​
Deduct
Fair Value
of Option
and Stock
Awards
Forfeited
in Fiscal
Year
($)
​ ​
Deduct
Change
in Pension
Value and
Nonqualified
Deferred
Compensation
Earnings
Column
of the SCT
($)
​ ​
Add
Pension
Service
Cost
($)
​ ​
Add
Dividends
Paid on
Unvested
Shares
in Fiscal
Year
($)
​ ​
Compensation
Actually Paid
($)(i)
​
​
2023
​ ​
PEO
​ ​ ​ ​ 20,591,124 ​ ​ ​ ​ ​ (13,168,902) ​ ​ ​ ​ ​ 9,993,852 ​ ​ ​ ​ ​ (7,479,727) ​ ​ ​ ​ ​ (2,338,619) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (811,026) ​ ​ ​ ​ ​ 352,471 ​ ​ ​ ​ ​ 72,547 ​ ​ ​ ​ ​ 7,211,720 ​ ​
​
Other NEOs
​ ​ ​ ​ 8,470,154 ​ ​ ​ ​ ​ (5,804,360) ​ ​ ​ ​ ​ 4,172,741 ​ ​ ​ ​ ​ (2,166,093) ​ ​ ​ ​ ​ (625,020) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (288,148) ​ ​ ​ ​ ​ 120,554 ​ ​ ​ ​ ​ 37,962 ​ ​ ​ ​ ​ 3,917,791 ​ ​
​
2022
​ ​
First PEO
​ ​ ​ ​ 40,406,018 ​ ​ ​ ​ ​ (13,094,677) ​ ​ ​ ​ ​ 18,259,934 ​ ​ ​ ​ ​ (1,507,964) ​ ​ ​ ​ ​ (9,326,246) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (1,000,479) ​ ​ ​ ​ ​ 597,194 ​ ​ ​ ​ ​ 76,368 ​ ​ ​ ​ ​ 34,410,149 ​ ​
​
Second PEO
​ ​ ​ ​ 17,414,329 ​ ​ ​ ​ ​ (10,623,931) ​ ​ ​ ​ ​ 15,168,274 ​ ​ ​ ​ ​ (1,053,175) ​ ​ ​ ​ ​ (1,857,707) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (475,209) ​ ​ ​ ​ ​ 292,699 ​ ​ ​ ​ ​ 52,740 ​ ​ ​ ​ ​ 18,918,020 ​ ​
​
Other NEOs
​ ​ ​ ​ 7,394,893 ​ ​ ​ ​ ​ (4,332,201) ​ ​ ​ ​ ​ 6,010,715 ​ ​ ​ ​ ​ (554,750) ​ ​ ​ ​ ​ (1,002,574) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (305,362) ​ ​ ​ ​ ​ 185,918 ​ ​ ​ ​ ​ 29,670 ​ ​ ​ ​ ​ 7,426,310 ​ ​
​
2021
​ ​
First PEO
​ ​ ​ ​ 25,335,936 ​ ​ ​ ​ ​ (17,391,104) ​ ​ ​ ​ ​ 23,190,233 ​ ​ ​ ​ ​ 14,918,520 ​ ​ ​ ​ ​ 9,630,919 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (1,023,668) ​ ​ ​ ​ ​ 598,193 ​ ​ ​ ​ ​ 89,191 ​ ​ ​ ​ ​ 55,348,220 ​ ​
​
Other NEOs
​ ​ ​ ​ 13,316,860 ​ ​ ​ ​ ​ (9,961,104) ​ ​ ​ ​ ​ 12,160,788 ​ ​ ​ ​ ​ 2,529,143 ​ ​ ​ ​ ​ 1,788,740 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (375,214) ​ ​ ​ ​ ​ 238,766 ​ ​ ​ ​ ​ 31,799 ​ ​ ​ ​ ​ 19,729,777 ​ ​
​
2020
​ ​
First PEO
​ ​ ​ ​ 23,720,707 ​ ​ ​ ​ ​ (16,101,809) ​ ​ ​ ​ ​ 22,483,170 ​ ​ ​ ​ ​ 20,062,587 ​ ​ ​ ​ ​ 13,222,028 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (951,970) ​ ​ ​ ​ ​ 554,570 ​ ​ ​ ​ ​ 90,431 ​ ​ ​ ​ ​ 63,079,713 ​ ​
​
Other NEOs
​ ​ ​ ​ 6,454,940 ​ ​ ​ ​ ​ (3,495,669) ​ ​ ​ ​ ​ 4,783,802 ​ ​ ​ ​ ​ 3,164,051 ​ ​ ​ ​ ​ 1,901,154 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (316,805) ​ ​ ​ ​ ​ 193,518 ​ ​ ​ ​ ​ 30,289 ​ ​ ​ ​ ​ 12,715,279 ​ ​
(i)
Reflects the value of equity calculated in accordance with the SEC methodology for determining compensation actually paid, dividends paid in cash, and pension service cost for each year shown. The fair value of performance share awards was determined using the Monte-Carlo simulation process and the fair value of stock options was determined using the Black-Scholes pricing model. Compensation actually paid does not represent annual compensation realized.
     
Compensation Actually Paid vs. Total Shareholder Return
the relationship between CAP and our TSR;
     
Compensation Actually Paid vs. Net Income
the relationship between CAP and our Net Income; and
     
Compensation Actually Paid vs. Company Selected Measure
the relationship between CAP and the Company’s Adjusted EPS for each year, which is our Company Selected Measure (“CSM”). The CSM represents, in our assessment, the most important financial performance measure used to link CAP to Company performance.
     
Total Shareholder Return Vs Peer Group
the relationship between our cumulative TSR and the TSR of the S&P 500 Utilities Index (“Peer Group TSR”);
     
Tabular List, Table
Tabular list of most important measures to determine 2023 compensation actually paid
The list below represents the financial performance measures that the Company considers to have been the most important in linking CAP to our PEO and non-PEO NEOs for 2023 to Company performance. The measures are not ranked. Descriptions of these measures, and the manner in which these measures determine the amounts of incentive compensation paid to our NEOs, is described in our Compensation Discussion & Analysis within the sections titled “2023 Annual Performance-Based Incentive Compensation” and “2023 Long-Term Performance-Based Equity Compensation.”
»
Adjusted EPS
»
Adjusted ROE
»
Adjusted Earnings
     
Total Shareholder Return Amount $ 109.62 146.74 160.51 130.08
Peer Group Total Shareholder Return Amount 107.78 118.17 118.24 100.49
Net Income (Loss) $ 6,282,000,000 $ 3,246,000,000 $ 2,827,000,000 $ 2,369,000,000
Company Selected Measure Amount | $ / shares 3.17 2.9 2.55 2.31
PEO Name Mr. Ketchum      
Percentage Of Income Growth 93.50% 14.80% 19.30%  
Percentage Of Adjusted EPS Growth 9.30% 13.70% 10.40%  
Measure:: 1        
Pay vs Performance Disclosure        
Name Adjusted EPS      
Non-GAAP Measure Description
(4)
Net income excludes net income attributable to non-controlling interests.
​
(5)
See Appendix A for a reconciliation of adjusted EPS to the most directly comparable GAAP financial measure.
​
Over the last four years, our Company had robust financial and operational performance. Our TSR exceeded the TSR of the S&P 500 Utilities Index; an initial investment of $100 in NextEra Energy stock at the beginning of 2020 would have grown to $109.62 at the end of 2023 while the same investment in the S&P 500 Utilities Index would have yielded $107.78. Our financial performance was strong with FY2021 net income growth of 19.3% FY2022 net income growth of 14.8% and FY2023 net income growth of 93.5%. Adjusted EPS growth was 10.4% in FY2021, 13.7% in FY2022 and 9.3% in 2023.
Our Company maintains a pay for performance philosophy and the majority of compensation is performance-based as further described in our Compensation Discussion & Analysis.
The higher values for compensation actually paid in 2020 and 2021 for our PEOs and non-PEO NEOs aligns with strong TSR, net income and adjusted EPS results over the same period. In 2022 and 2023, we continued to deliver outstanding net income and adjusted EPS performance, but the stock price declines in 2022 and 2023 caused our compensation actually paid to decrease notably compared to 2021 and 2020.
     
Measure:: 2        
Pay vs Performance Disclosure        
Name Adjusted ROE      
Measure:: 3        
Pay vs Performance Disclosure        
Name Adjusted Earnings      
DEDUCT FAIR VALUE OF OPTION AND STOCK AWARDS FORFEITED IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
James Robo [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount $ 20,591,124 40,406,018 $ 25,335,936 $ 23,720,707
PEO Actually Paid Compensation Amount 7,211,720 34,410,149 55,348,220 63,079,713
James Robo [Member] | DEDUCT OPTION AND STOCK AWARDS GRANTED IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount   (13,094,677) (17,391,104) (16,101,809)
James Robo [Member] | ADD FAIR VALUE AT FISCAL YEAR-END OF UNVESTED OPTION AND STOCK AWARDS GRANTED IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount   18,259,934 23,190,233 22,483,170
James Robo [Member] | ADD CHANGE IN FAIR VALUE OF UNVESTED OPTION AND STOCK AWARDS GRANTED IN PRIOR FISCAL YEAR ​        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount   (1,507,964) 14,918,520 20,062,587
James Robo [Member] | ADD CHANGE IN FAIR VALUE OF OPTION AND STOCK AWARDS VESTED IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount   (9,326,246) 9,630,919 13,222,028
James Robo [Member] | DEDUCT FAIR VALUE OF OPTION AND STOCK AWARDS FORFEITED IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount    
James Robo [Member] | DEDUCT CHANGE IN PENSION VALUE AND NONQUALIFIED DEFERRED COMPENSATION EARNINGS COLUMN OF THE SCT        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount   (1,000,479) (1,023,668) (951,970)
James Robo [Member] | ADD PENSION SERVICE COST        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount   597,194 598,193 554,570
James Robo [Member] | ADD DIVIDENDS PAID ON UNVESTED SHARES IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount   76,368 89,191 90,431
John Ketchum [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount 20,591,124 17,414,329    
PEO Actually Paid Compensation Amount 7,211,720 18,918,020    
John Ketchum [Member] | DEDUCT OPTION AND STOCK AWARDS GRANTED IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (13,168,902) (10,623,931)    
John Ketchum [Member] | ADD FAIR VALUE AT FISCAL YEAR-END OF UNVESTED OPTION AND STOCK AWARDS GRANTED IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 9,993,852 15,168,274    
John Ketchum [Member] | ADD CHANGE IN FAIR VALUE OF UNVESTED OPTION AND STOCK AWARDS GRANTED IN PRIOR FISCAL YEAR ​        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (7,479,727) (1,053,175)    
John Ketchum [Member] | ADD CHANGE IN FAIR VALUE OF OPTION AND STOCK AWARDS VESTED IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (2,338,619) (1,857,707)    
John Ketchum [Member] | DEDUCT FAIR VALUE OF OPTION AND STOCK AWARDS FORFEITED IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount    
John Ketchum [Member] | DEDUCT CHANGE IN PENSION VALUE AND NONQUALIFIED DEFERRED COMPENSATION EARNINGS COLUMN OF THE SCT        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (811,026) (475,209)    
John Ketchum [Member] | ADD PENSION SERVICE COST        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 352,471 292,699    
John Ketchum [Member] | ADD DIVIDENDS PAID ON UNVESTED SHARES IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 72,547 52,740    
Non-PEO NEO | DEDUCT OPTION AND STOCK AWARDS GRANTED IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (5,804,360) (4,332,201) (9,961,104) (3,495,669)
Non-PEO NEO | ADD FAIR VALUE AT FISCAL YEAR-END OF UNVESTED OPTION AND STOCK AWARDS GRANTED IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 4,172,741 6,010,715 12,160,788 4,783,802
Non-PEO NEO | ADD CHANGE IN FAIR VALUE OF UNVESTED OPTION AND STOCK AWARDS GRANTED IN PRIOR FISCAL YEAR ​        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (2,166,093) (554,750) 2,529,143 3,164,051
Non-PEO NEO | ADD CHANGE IN FAIR VALUE OF OPTION AND STOCK AWARDS VESTED IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (625,020) (1,002,574) 1,788,740 1,901,154
Non-PEO NEO | DEDUCT FAIR VALUE OF OPTION AND STOCK AWARDS FORFEITED IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount
Non-PEO NEO | DEDUCT CHANGE IN PENSION VALUE AND NONQUALIFIED DEFERRED COMPENSATION EARNINGS COLUMN OF THE SCT        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (288,148) (305,362) (375,214) (316,805)
Non-PEO NEO | ADD PENSION SERVICE COST        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 120,554 185,918 238,766 193,518
Non-PEO NEO | ADD DIVIDENDS PAID ON UNVESTED SHARES IN FISCAL YEAR        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 37,962 $ 29,670 $ 31,799 $ 30,289