Nextera energy inc (NEE)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income

3,388

5,776

5,323

2,999

2,762

2,469

1,908

1,911

-

-

-

-

-

Net Income

-

-

-

-

2,752

2,465

1,908

1,911

1,923

1,957

1,615

1,639

1,312

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization

4,216

3,911

2,357

3,120

2,831

2,551

2,163

1,518

1,567

1,788

1,765

1,442

1,335

Nuclear fuel and other amortization

262

236

281

308

372

345

358

259

282

285

239

201

144

Loss on sale of natural gas-fired generating assets

-

-

-

-

-

-

-

-

151

0

0

-

-

Impairment charges

72

11

446

7

2

-

300

0

51

19

0

-

-

Unrealized losses on marked to market derivative contracts – net

108

-54

-436

44

337

411

10

85

271

386

-59

-337

134

Foreign currency transaction gains

-17

-16

25

-13

0

0

-

-

-

-

-

-

-

Deferred income taxes

258

1,463

-882

1,226

1,162

1,205

853

682

553

511

273

569

402

Cost recovery clauses and franchise fees

-155

225

-82

-94

-176

67

166

-129

181

-629

624

-111

-75

Acquisition of purchased power agreement

0

52

243

0

521

0

0

-

-

-

-

-

-

Changes in prepaid option premiums and derivative settlements

-

-

-

-

-

-

-

-

-

-86

11

-12

159

income associated with differential membership interests

0

0

460

309

216

199

165

81

118

16

-

-

-

Equity in earnings of equity method investees

66

358

141

148

-

-

-

-

55

58

52

93

68

Distributions of earnings from equity method investees

438

328

160

102

-

-

-

-

95

74

69

124

175

Allowance for equity funds used during construction

-

-

-

-

-

-

-

-

39

37

53

35

-

Gains on disposal of businesses, assets and investments – net

461

191

1,223

487

89

-

-

-

-

-

-

-

-

Deconsolidation, Gain (Loss), Amount

0

3,927

0

0

-

-

-

-

-

-

-

-

-

Gains on disposal of assets - net

-

-

-

-

-

133

-

-

85

67

60

-18

-

Recoverable storm-related costs

180

0

108

223

0

0

-

-

-

-

-

-

-

Gain from discontinued operations, net of income taxes

-

-

-

-

-

-

231

0

0

-

-

-

-

Other than temporary impairment losses on securities held in nuclear decommissioning funds

-

-

-

-

-

-

-

-

36

-16

-58

-148

-

Gain associated with Maine fossil

-

-

-

-

-

-

-

0

-

-

-

-

-

Other - net

-213

156

109

-32

49

278

144

-151

305

54

119

59

220

Changes in operating assets and liabilities:
Customer and other receivables

-

-

-

-

-

-

268

286

-149

102

-18

49

-216

Other receivables

-

-

-

-

-

-

-

-

-

-

13

-26

-14

Materials, supplies and fossil fuel inventory

-

-

-

-

-

-

81

-1

308

-22

-85

-106

-14

Current assets

-123

631

333

146

-66

172

-8

46

22

52

-9

-31

-14

Noncurrent assets

93

220

60

58

109

220

-8

-3

103

-42

103

-166

-100

Accounts payable and customer deposits

-

-

-

-

-

-

122

-56

-184

179

-86

-120

63

Margin cash collateral

-

-

-

-

-

-

156

104

-81

-61

110

49

86

Customer deposits

-

-

-

-

-

-

-

-

-

21

38

37

29

Income taxes

-

-

-

-

-

-

-56

-20

62

56

8

-17

-75

Interest and other taxes

-

-

-

-

-

-

-

-

12

-3

22

30

49

Current liabilities

116

163

758

-32

64

-134

143

154

3

76

-45

189

113

Noncurrent liabilities

231

83

-19

-21

-123

-12

-84

-44

-192

-63

-5

-61

-52

Net cash provided by operating activities

8,155

6,593

6,458

6,369

6,089

5,500

5,102

3,992

4,074

3,834

4,463

3,403

3,593

CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures of FPL

5,560

5,012

5,174

3,776

3,428

3,067

2,691

4,070

3,137

2,605

2,522

2,234

-1,826

Acquisition and capital expenditures of Gulf Power

5,165

0

0

-

-

-

-

-

-

-

-

-

-

Independent power and other investments of NEER

6,385

7,045

5,335

5,396

4,505

3,588

3,478

4,591

2,601

2,899

3,068

-2,715

-2,852

Cash Grants Under American Recovery And Reinvestment Act Of 2009

-

-

-

335

8

343

165

196

624

588

100

0

0

Funds received from a spent fuel settlement

-

-

-

-

-

-

-

-

-

44

86

0

0

Nuclear fuel purchases

315

267

197

283

361

287

371

305

538

274

362

247

-310

Other capital expenditures, acquisitions and other investments

37

680

34

181

83

75

142

495

352

68

54

-40

-31

Proceeds from sale of the fiber-optic telecommunications business

0

0

1,454

0

0

307

165

0

1,204

0

0

-

-

Sale of independent power and other investments of NEER

1,163

1,617

178

658

52

-

-

-

-

-

-

-

700

Change in loan proceeds restricted for construction

-

-

-

-

-

-

228

314

-565

0

0

-

-

Proceeds from sale or maturity of securities in special use funds

4,008

3,410

3,207

3,776

4,851

4,621

4,405

5,301

4,836

6,726

4,592

-

-

Purchases of securities in special use funds

4,160

3,733

3,244

3,829

4,982

4,767

4,470

5,419

4,955

6,835

4,710

-2,315

-2,440

Proceeds from sales of noncontrolling interests in NEP

-

-

-

645

345

438

0

0

-

-

-

-

-

Distributions from equity method investees

0

637

7

0

-

-

-

-

-

-

-

-

-

Proceeds from sale or maturity of other securities

-

-

-

-

-

-

-

-

-

721

773

28

138

Purchases of other securities

-

-

-

-

-

-

-

-

-

714

782

-84

-156

Proceeds from sale of securities in special use funds

-

-

-

-

-

-

-

-

-

-

-

2,235

2,211

Loan repayments and capital distributions from equity method investees

-

-

-

-

-

-

-

-

-

-

-

-

11

Funding of loan

-

-

-

-

-

-

-

-

-

-

-

-500

0

Other - net

-274

-123

-220

-5

-107

286

-66

-141

-205

-32

-12

-64

-23

Net cash used in investing activities

-16,177

-10,950

-8,918

-8,046

-7,996

-6,361

-6,123

-8,928

-5,279

-5,284

-5,935

-5,808

-4,578

CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt

13,919

4,399

8,354

5,657

5,772

5,054

4,371

6,630

3,940

3,724

3,220

3,827

3,199

Retirements of long-term debt

5,492

3,102

6,780

3,310

3,972

4,750

2,396

1,612

2,121

769

1,635

1,358

-1,866

Repayments of notes payable

-

-

-

-

-

-

200

-

-

-

-

-

-

Proceeds from differential membership investors

1,604

1,841

1,414

1,859

761

978

448

808

466

261

0

0

-

Net change in commercial paper

-234

1,062

1,419

-106

-768

451

-520

61

460

-1,130

154

848

-80

Payments to differential membership investors

-

-

-

-

-

71

63

139

100

0

0

-

-

Proceeds from other short-term debt

200

5,665

450

500

1,225

500

0

-

-

-

-

-

-

Repayments of other short-term debt

4,765

455

2

662

813

500

-

-

-

-

-

-

-

Payments from (to) related parties under a cash sweep and credit support agreement – net

-54

-21

0

0

-

-

-

-

-

-

-

-

-

Issuances of common stock/equity units - net

1,494

718

55

537

1,298

633

842

405

48

308

198

41

46

Proceeds from issuance of NEP convertible preferred units - net

0

0

548

0

0

-

-

-

-

-

-

-

-

Repurchases of common stock

-

-

-

-

-

-

-

19

375

0

0

-

-

Dividends

2,408

2,101

1,845

1,612

1,385

1,261

1,122

1,004

920

823

766

714

-654

Dividends to NEE

-

-

-

-

0

-

-

-

-

-

-

-

-

Change in funds held for storm-recovery bond payments

-

-

-

-

-

-

-

-

-

-

-

-

-42

Other - net

-391

-372

-725

-439

-221

-34

-230

-242

-118

-57

4

6

52

Net cash provided by (used in) financing activities

3,873

7,634

2,888

2,424

1,897

1,000

1,130

4,888

1,280

1,514

1,175

2,650

655

Effects of currency translation on cash, cash equivalents and restricted cash

4

-7

26

10

17

-

-

-

-

-

-

-

-

Net increase (decrease) in cash, cash equivalents and restricted cash

-4,145

3,270

454

757

7

139

109

-48

75

64

-297

245

-330

Cash paid for interest (net of amount capitalized)

1,799

1,209

1,186

1,194

1,143

1,181

1,070

1,001

978

916

805

764

686

Cash paid for income taxes - net

184

200

142

91

33

46

-20

25

-95

20

61

4

46

SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES
Assumption of debt in connection with the purchase of independent power projects

-

-

-

-

-

-

-

-

-

35

0

-

-

Accrued property additions

3,573

2,138

3,029

3,626

2,616

956

1,098

970

909

545

683

448

-

Sale of hydropower generation plants through assumption of debt by buyer

-

-

-

-

-

-

700

0

158

0

0

-

-

Assumption of debt/acquisition hold-backs in connection with Texas pipeline acquisition

-

-

-

-

1,078

0

0

-

-

-

-

-

-

Decrease in property, plant and equipment - net as a result of cash grants primarily under the American Recovery and Reinvestment Act of 2009

0

0

-154

419

-224

-161

-

-

-

-

-

-

-

Increase in property, plant and equipment - net as a result of a settlement/noncash exchange

7

5

108

72

-45

181

0

0

-

-

-

-

-

Proceeds from differential membership investors used to reduce debt

-

-

-

100

0

0

-

-

-

-

-

-

-

FPL [Member]
Net Income

2,334

2,171

1,880

1,727

-

-

-

-

-

-

-

-

-

Depreciation and amortization

2,524

2,633

940

1,700

-

-

-

-

-

-

-

-

-

Nuclear fuel and other amortization

175

144

159

220

-

-

-

-

-

-

-

-

-

Deferred income taxes

44

180

905

932

-

-

-

-

-

-

-

-

-

Cost recovery clauses and franchise fees

-177

225

-82

-94

-

-

-

-

-

-

-

-

-

Other - net

6

7

-139

42

-

-

-

-

-

-

-

-

-

Current assets

48

-97

190

-25

-

-

-

-

-

-

-

-

-

Noncurrent assets

67

64

37

31

-

-

-

-

-

-

-

-

-

Current liabilities

32

-509

699

14

-

-

-

-

-

-

-

-

-

Noncurrent liabilities

4

40

-32

-86

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

5,181

4,422

3,916

4,414

-

-

-

-

-

-

-

-

-

Capital expenditures of FPL

5,560

5,012

5,174

3,776

-

-

-

-

-

-

-

-

-

Nuclear fuel purchases

195

123

117

158

-

-

-

-

-

-

-

-

-

Proceeds from sale or maturity of securities in special use funds

2,729

2,232

1,986

2,495

-

-

-

-

-

-

-

-

-

Purchases of securities in special use funds

2,854

2,402

2,082

2,506

-

-

-

-

-

-

-

-

-

Other - net

-10

-239

-18

-28

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-5,870

-5,066

-5,369

-3,917

-

-

-

-

-

-

-

-

-

Issuances of long-term debt

2,498

1,748

1,961

309

-

-

-

-

-

-

-

-

-

Retirements of long-term debt

95

1,591

882

262

-

-

-

-

-

-

-

-

-

Net change in commercial paper

226

-431

1,419

212

-

-

-

-

-

-

-

-

-

Capital contributions from NEE

250

1,785

0

600

-

-

-

-

-

-

-

-

-

Other - net

-49

-37

-22

-51

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

630

724

1,474

-442

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash, cash equivalents and restricted cash

-59

80

21

55

-

-

-

-

-

-

-

-

-

Accrued property additions

680

549

668

664

-

-

-

-

-

-

-

-

-

FPL[Member]
Acquisition of purchased power agreement

0

52

243

0

-

-

-

-

-

-

-

-

-

Recoverable storm-related costs

0

0

108

223

-

-

-

-

-

-

-

-

-

Proceeds from other short-term debt

0

0

450

500

-

-

-

-

-

-

-

-

-

Repayments of other short-term debt

0

250

2

450

-

-

-

-

-

-

-

-

-

Dividends on common stock

2,200

500

1,450

1,300

-

-

-

-

-

-

-

-

-

Cash paid for interest (net of amount capitalized)

561

520

473

435

-

-

-

-

-

-

-

-

-

Cash paid for income taxes - net

544

415

2

147

-

-

-

-

-

-

-

-

-

Increase in property, plant and equipment - net as a result of a settlement/noncash exchange

7

5

112

0

-

-

-

-

-

-

-

-

-

NEE's noncash contribution of a consolidated subsidiary - net

0

526

0

0

-

-

-

-

-

-

-

-

-