10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NEXTERA ENERGY INC | |||
Ticker: NEE Fiscal Year: 2009 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 26, 2010) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| OPERATING REVENUES | $ 15,643 | 16,410 | 15,263 |
| OPERATING EXPENSES | |||
| Fuel, purchased power and interchange | 7,405 | 8,412 | 8,192 |
| Other operations and maintenance | 2,649 | 2,527 | 2,318 |
| Depreciation and amortization | 1,765 | 1,442 | 1,335 |
| Taxes other than income taxes and other | 1,230 | 1,204 | 1,135 |
| Total operating expenses | 13,049 | 13,585 | 12,980 |
| OPERATING INCOME | 2,594 | 2,825 | 2,283 |
| OTHER INCOME (DEDUCTIONS) | |||
| Interest expense | (849) | (813) | (762) |
| Equity in earnings of equity method investees | 52 | 93 | 68 |
| Allowance for equity funds used during construction | 53 | 35 | 23 |
| Interest income | 78 | 72 | 89 |
| Gains on disposal of assets - net | 60 | 18 | 2 |
| Other than temporary impairment losses on securities held in nuclear decommissioning funds | (58) | (148) | (10) |
| Other - net | 12 | 7 | (13) |
| Total other deductions - net | (652) | (736) | (603) |
| INCOME BEFORE INCOME TAXES | 1,942 | 2,089 | 1,680 |
| INCOME TAXES | 327 | 450 | 368 |
| NET INCOME | 1,615 | 1,639 | 1,312 |
| Earnings per share of common stock: | |||
| Basic | 3.99 | 4.10 | 3.30 |
| Assuming dilution | 3.97 | 4.07 | 3.27 |
| Dividends per share of common stock | 1.89 | 1.78 | 1.64 |
| Weighted-average number of common shares outstanding: | |||
| Basic | 404,400 | 400,100 | 397,700 |
| Assuming dilution | 407,200 | 402,700 | 400,600 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NEXTERA ENERGY INC | |||
Ticker: NEE Fiscal Year: 2009 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 26, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | |||
| Net income | $ 1,615 | 1,639 | 1,312 |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: | |||
| Depreciation and amortization | 1,765 | 1,442 | 1,335 |
| Nuclear fuel amortization | 239 | 201 | 144 |
| Unrealized (gains) losses on marked to market energy contracts | 59 | (337) | 134 |
| Deferred income taxes | 273 | 569 | 402 |
| Cost recovery clauses and franchise fees | 624 | (111) | (75) |
| Change in prepaid option premiums and derivative settlements | (11) | (12) | 159 |
| Equity in earnings of equity method investees | (52) | (93) | (68) |
| Distributions of earnings from equity method investees | 69 | 124 | 175 |
| Changes in operating assets and liabilities: | |||
| Customer receivables | 18 | 49 | (216) |
| Other receivables | (13) | (26) | (14) |
| Materials, supplies and fossil fuel inventory | 85 | (106) | (14) |
| Other current assets | 9 | (31) | (14) |
| Other assets | (103) | (166) | (100) |
| Accounts payable | (86) | (120) | 63 |
| Customer deposits | 38 | 37 | 29 |
| Margin cash collateral | (110) | 49 | 86 |
| Income taxes | 8 | (17) | (75) |
| Interest and other taxes | 22 | 30 | 49 |
| Other current liabilities | (45) | 189 | 113 |
| Other liabilities | (5) | (61) | (52) |
| Other - net | 64 | 154 | 220 |
| Net cash provided by operating activities | 4,463 | 3,403 | 3,593 |
| CASH FLOWS FROM INVESTING ACTIVITIES | |||
| Capital expenditures of FPL | (2,522) | (2,234) | (1,826) |
| Independent power investments | (3,068) | (2,715) | (2,852) |
| Cash grants under the American Recovery and Reinvestment Act of 2009 | 100 | 0 | 0 |
| Funds received from the spent fuel settlement agreement | 86 | 0 | 0 |
| Nuclear fuel purchases | (362) | (247) | (310) |
| Other capital expenditures | (54) | (40) | (31) |
| Sale of independent power investments | 15 | 25 | 700 |
| Loan repayments and capital distributions from equity method investees | 0 | 0 | 11 |
| Proceeds from sale of securities in special use funds | 4,592 | 2,235 | 2,211 |
| Purchases of securities in special use funds | (4,710) | (2,315) | (2,440) |
| Proceeds from sale of other securities | 773 | 28 | 138 |
| Purchases of other securities | (782) | (84) | (156) |
| Funding of loan | 0 | (500) | 0 |
| Other - net | (3) | 39 | (23) |
| Net cash used in investing activities | (5,935) | (5,808) | (4,578) |
| CASH FLOWS FROM FINANCING ACTIVITIES | |||
| Issuances of long-term debt | 3,220 | 3,827 | 3,199 |
| Retirements of long-term debt | (1,635) | (1,358) | (1,866) |
| Net change in short-term debt | 154 | 848 | (80) |
| Issuances of common stock | 198 | 41 | 46 |
| Dividends on common stock | (766) | (714) | (654) |
| Change in funds held for storm-recovery bond payments | 5 | 0 | (42) |
| Other - net | (1) | 6 | 52 |
| Net cash provided by financing activities | 1,175 | 2,650 | 655 |
| Net increase (decrease) in cash and cash equivalents | (297) | 245 | (330) |
| Cash and cash equivalents at beginning of year | 535 | 290 | |
| Cash and cash equivalents at end of year | 238 | 535 | 290 |
| SUPPLIMENTAL DISCLOSURES OF CASH FLOW INFORMATION | |||
| Cash paid for interest (net of amount capitalized) | 805 | 764 | 686 |
| Cash paid for income taxes - net | 61 | 4 | 46 |
| SUPPLIMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES | |||
| Assumption of debt in connection with the purchase of independent power projects | 0 | 31 | 55 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
NEXTERA ENERGY INC | ||
Ticker: NEE Fiscal Year: 2009 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2009 10-K (Filed: Feb 26, 2010) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2009 | Dec 31, 2008 | |
| PROPERTY, PLANT AND EQUIPMENT | ||
| Electric utility plant in service and other property | $ 46,330 | 41,638 |
| Nuclear fuel | 1,414 | 1,260 |
| Construction work in progress | 2,425 | 2,630 |
| Less accumulated depreciation and amortization | (14,091) | (13,117) |
| Total property, plant and equipment - net | 36,078 | 32,411 |
| CURRENT ASSETS | ||
| Cash and cash equivalents | 238 | 535 |
| Customer receivables, net | 1,431 | 1,443 |
| Other receivables, net | 816 | 264 |
| Materials, supplies and fossil fuel inventory | 877 | 968 |
| Regulatory Assets: | ||
| Deferred clause and franchise expenses | 69 | 248 |
| Securitized storm-recovery costs | 69 | 64 |
| Derivatives | 68 | 1,109 |
| Pension | 0 | 19 |
| Other | 3 | 4 |
| Derivatives | 357 | 433 |
| Other | 409 | 305 |
| Total current assets | 4,337 | 5,392 |
| OTHER ASSETS | ||
| Special use funds | 3,390 | 2,947 |
| Other investments | 935 | 923 |
| Prepaid benefit costs | 1,184 | 914 |
| Regulatory Assets: | ||
| Securitized storm-recovery costs | 644 | 697 |
| Deferred clause expenses | 0 | 79 |
| Pension | 0 | 100 |
| Unamortized loss on reacquired debt | 29 | 32 |
| Other | 236 | 138 |
| Other | 1,625 | 1,188 |
| Total other assets | 8,043 | 7,018 |
| TOTAL ASSETS | 48,458 | 44,821 |
| CAPITALIZATION | ||
| Common shareholders' equity | 12,967 | 11,681 |
| Long-term debt | 16,300 | 13,833 |
| Total capitalization | 29,267 | 25,514 |
| CURRENT LIABILITIES | ||
| Commercial paper | 2,020 | 1,835 |
| Notes payable | 0 | 30 |
| Current maturities of long-term debt | 569 | 1,388 |
| Accounts payable | 992 | 1,062 |
| Customer deposits | 613 | 575 |
| Accrued interest and taxes | 466 | 374 |
| Regulatory Liabilities: | ||
| Deferred clause and franchise revenues | 377 | 11 |
| Pension | 2 | 0 |
| Derivatives | 221 | 1,300 |
| Other | 1,189 | 1,114 |
| Total current liabilities | 6,449 | 7,689 |
| OTHER LIABILITIES AND DEFERRED CREDITS | ||
| Asset retirement obligations | 2,418 | 2,283 |
| Accumulated deferred income taxes | 4,860 | 4,231 |
| Regulatory Liabilities: | ||
| Accrued asset removal costs | 2,251 | 2,142 |
| Asset retirement obligation regulatory expense difference | 671 | 520 |
| Pension | 16 | 0 |
| Other | 244 | 218 |
| Derivatives | 170 | 218 |
| Other | 2,112 | 2,006 |
| Total other liabilities and deferred credits | 12,742 | 11,618 |
| COMMITMENTS AND CONTINGENCIES | ||
| TOTAL CAPITALIZATION AND LIABILITIES | 48,458 | 44,821 |
| External Links | |
| NEXTERA ENERGY INC (NEE) Fiscal Year 2009 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |