NEXTERA ENERGY INC NEE Income Statement

Nextera energy inc (NEE)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08
Regulated and Unregulated Operating Revenue
4,613	4,587	5,572	4,970	4,075	4,391	4,416	4,063	3,857	3,989	4,808	4,404	3,972	3,681	4,805	3,817	3,835	4,070	4,954	4,358	4,104	4,664	4,654	4,029	3,674	3,630	4,394	3,833	3,279	3,375	3,843	3,667	3,371	3,864	4,382	3,961	3,134	3,413	4,691	3,591	3,622	3,654	4,473	3,811	3,705	5,387
OPERATING EXPENSES (INCOME)
Fuel, purchased power and interchange
821	1,056	1,266	1,074	967	936	1,083	894	819	978	1,176	1,018	899	887	1,217	960	928	1,176	1,472	1,316	1,363	1,266	1,566	1,373	1,397	1,193	1,438	1,262	1,065	1,177	1,526	1,236	1,182	1,384	1,911	1,557	1,404	1,447	1,991	1,455	1,349	1,633	2,164	1,797	1,811	2,728
Other operations and maintenance
830	1,062	863	900	815	881	830	848	771	959	817	844	838	1,054	833	843	799	915	819	800	735	853	772	768	756	856	818	764	756	809	776	795	775	790	748	771	693	754	712	752	659	677	682	672	618	633
Storm cost amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20
Impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	300	0	0	0	0	-	0	51	-	-	0	0	-	-	-	-	-	-
Acquisition-related
-	-	-	6	-	-	-	1	0	-	2	4	-	6	123	2	4	6	7	9	4	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
848	968	1,295	1,181	772	1,092	1,132	831	856	-218	1,070	886	619	858	983	742	537	749	798	737	547	692	782	614	463	639	605	500	419	396	467	335	320	332	496	408	331	457	531	386	414	488	433	435	409	348
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal
273	28	-2	354	26	32	6	28	14	5	5	1	1,100	189	4	254	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes other than income taxes and other - net
406	316	553	416	412	362	409	371	366	327	397	377	354	281	374	355	333	342	377	350	326	348	371	323	320	301	348	326	305	262	332	301	291	343	316	267	278	282	332	289	261	299	345	302	284	342
Operating Expenses
2,632	3,709	3,979	3,223	2,940	3,284	3,448	2,917	2,798	3,805	3,457	3,128	1,610	2,904	3,526	2,648	2,601	3,194	3,473	3,212	2,975	3,132	3,491	3,078	2,936	2,989	3,209	2,852	2,845	2,644	3,101	2,667	2,568	2,849	3,471	3,054	2,706	2,959	3,566	2,882	2,683	3,097	3,624	3,206	3,122	4,071
Operating Income (Loss)
1,981	878	1,593	1,747	1,135	1,107	968	1,146	1,059	184	1,351	1,276	2,362	777	1,279	1,169	1,234	876	1,481	1,146	1,129	1,532	1,163	951	738	641	1,185	981	434	731	742	1,000	803	1,015	911	907	428	454	1,125	709	939	557	849	605	583	1,316
OTHER INCOME (DEDUCTIONS)
Interest expense
1,311	188	746	601	714	710	168	394	226	387	381	430	360	-382	369	602	509	299	311	280	321	321	316	305	319	295	288	266	272	244	259	270	265	260	265	256	254	247	247	247	238	1,071	204	-215	-211	-203
Benefits associated with differential membership interests - net
-	-	-	-	-	-	-	-	-	149	67	119	125	89	59	77	84	65	40	54	57	53	23	58	65	46	37	42	40	11	7	22	41	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of natural gas-fired generating assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	148	-	-	-	0	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
-390	146	-90	-6	16	-13	122	52	197	-12	56	66	31	2	70	44	32	20	51	27	9	33	38	20	2	-	22	-	-	-	-	-	-	-1	28	18	10	3	33	15	7	3	29	13	7	46
Allowance for equity funds used during construction
22	15	14	12	26	28	24	22	22	24	21	25	22	24	20	17	25	23	20	16	11	9	7	6	15	13	12	12	26	15	21	18	13	10	7	10	12	11	10	9	7	8	15	15	15	9
Interest income
13	13	16	13	12	12	11	10	18	23	20	19	19	21	23	20	18	21	22	22	21	19	18	21	22	20	20	19	19	24	20	22	20	21	21	16	21	23	22	28	18	19	15	17	27	13
Gain on NEP deconsolidation
-	-	0	0	-	0	0	0	3,927	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain associated with Maine fossil
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	21	-	0	-	-67	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on disposal of investments and other property - net
24	18	6	8	23	27	31	3	50	49	15	3	45	4	9	12	15	48	15	5	22	16	12	33	44	13	20	9	12	-	53	57	-	6	37	25	17	6	13	9	39	36	12	5	7	-
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds - net
-328	81	1	39	117	-212	30	13	-20	0	0	0	0	-	-	-	-	-	-24	-	-	-	-4	-	-	-	-	-	-	-	-	-	-	-	-30	-	-	-	-1	-	-	-4	0	-1	-53	-40
Revaluation of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-101	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other net periodic benefit income
-52	-49	-50	-35	-51	-29	-37	-51	-51	-50	-48	-10	-43	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other - net
10	25	12	16	14	21	11	10	6	4	23	5	-21	-19	15	26	-3	20	8	4	8	3	2	0	-5	23	-13	24	-7	-15	-15	1	6	24	4	7	2	14	5	-29	-2	3	-1	2	8	-6
Total other income (deductions) - net
-1,908	159	-737	-484	-455	-818	98	-233	4,025	-100	-131	-183	-96	735	-72	-406	-338	-118	-179	-152	-193	-197	-220	-167	-155	-188	-190	-160	-249	-165	-173	-150	-185	-91	-346	-180	-192	-	-165	-215	-	-	-	-	-	-
INCOME BEFORE INCOME TAXES
73	1,037	856	1,263	680	289	1,066	913	5,084	84	1,220	1,093	2,266	1,512	1,207	763	896	758	1,302	994	936	1,335	943	784	583	453	995	821	185	566	569	850	618	924	565	727	236	265	960	494	770	403	715	441	383	1,135
Total other deductions - net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-169	-	-134	-164	-200	-181
INCOME TAX EXPENSE (BENEFIT)
-235	192	58	124	74	-25	125	226	1,250	-1,988	364	289	675	500	418	219	242	247	421	274	286	452	279	292	153	125	297	211	144	138	154	243	157	256	158	147	-32	1	240	77	214	55	182	71	19	361
INCOME FROM CONTINUING OPERATIONS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	328	698	610	41	428	415	607	461	-	-	-	-	-	-	-	-	-	-	-	-	-
GAIN FROM DISCONTINUED OPERATIONS, NET OF INCOME TAXES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	231	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
308	845	798	1,139	606	314	941	687	3,834	2,072	856	804	1,591	1,012	789	544	654	511	881	720	650	883	664	492	430	-	698	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS
-113	-131	-81	-95	-74	-107	-64	-94	-597	-85	9	11	8	52	36	4	1	4	2	4	0	0	4	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
421	976	879	1,234	680	421	1,005	781	4,431	2,157	847	793	1,583	960	753	540	653	507	879	716	650	883	660	492	430	328	698	610	272	428	415	607	461	668	407	580	268	264	720	417	556	348	533	370	364	774
Earnings per share attributable to NEE:
Basic EPS - Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.75	1.65	1.45	0.10	1.02	0.99	1.46	1.12	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic EPS - Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.55	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in dollars per share)
0.86	2.00	1.82	2.58	1.42	0.84	2.12	1.66	9.41	4.60	1.80	1.69	3.39	2.05	1.63	1.17	1.42	1.09	1.94	1.61	1.47	-	1.52	1.13	0.99	0.75	1.65	1.45	0.65	1.02	0.99	1.46	1.12	1.61	0.98	1.39	0.64	0.64	1.75	1.02	1.36	0.85	1.32	0.92	0.90	1.93
Diluted EPS - Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.75	1.64	1.44	0.10	1.02	0.98	1.45	1.11	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic EPS - Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.54	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-
Assuming dilution (in dollars per share)
0.86	1.98	1.81	2.56	1.41	0.85	2.10	1.61	9.32	4.55	1.79	1.68	3.37	2.05	1.62	1.16	1.41	1.09	1.93	1.59	1.45	-	1.50	1.12	0.98	0.75	1.64	1.44	0.64	1.02	0.98	1.45	1.11	1.60	0.97	1.38	0.64	0.63	1.74	1.01	1.36	0.85	1.31	0.91	0.90	1.92
Dividends per share of common stock (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.98	0.98	0.98	-	0.87	0.87	0.87	-	0.77	0.77	0.77	-	0.72	0.72	0.72	-	0.66	0.66	0.66	-	0.60	0.60	0.60	-	0.55	0.55	0.55	0.50	0.50	0.50	0.50	0.47	0.47	0.47	0.47	0.44
Weighted Average Number of Shares Outstanding, Basic
-	-	481	478	-	-	473	471	470	-	469	467	467	467	463	461	460	460	454	445	442	435	434	434	433	430	423	421	421	420	419	415	412	416	417	416	415	413	410	408	407	406	405	403	402	400
Weighted Average Number of Shares Outstanding, Diluted
-	-	486	482	-	-	477	475	474	-	473	471	470	469	466	464	463	462	456	449	448	441	440	440	438	432	426	424	423	423	421	417	414	418	419	419	418	416	413	411	410	409	408	406	404	403
FPL [Member]
Regulated and Unregulated Operating Revenue
2,540	2,925	3,491	3,158	2,618	2,935	3,399	2,908	2,620	2,877	3,477	3,091	2,527	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fuel, purchased power and interchange
586	778	943	806	729	832	941	765	712	844	1,036	893	768	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operations and maintenance
317	447	345	387	340	397	383	387	347	417	362	404	371	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
402	520	853	776	375	768	806	513	546	-574	704	537	273	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes other than income taxes and other - net
320	328	377	335	317	326	352	322	308	319	353	316	304	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses
1,625	2,307	2,518	2,304	1,761	2,326	2,482	1,987	1,913	2,261	2,455	2,150	1,716	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income (Loss)
915	618	973	854	857	609	917	921	707	616	1,022	941	811	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
152	151	152	152	139	132	136	140	133	120	121	121	119	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Allowance for equity funds used during construction
16	17	11	10	24	26	23	20	21	24	20	19	16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other - net
0	-1	2	2	2	3	2	1	1	-3	1	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income (deductions) - net
-136	-135	-139	-140	-113	-103	-111	-119	-111	-99	-100	-102	-103	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
INCOME BEFORE INCOME TAXES
779	483	834	714	744	506	806	802	596	517	922	839	708	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
INCOME TAX EXPENSE (BENEFIT)
137	83	151	51	156	99	152	176	112	174	356	313	263	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
642	400	683	663	588	407	654	626	484	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FPL[Member]
Net Income (Loss) Attributable to Parent
-	-	-	-	-	-	-	-	-	-	566	526	445	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-