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Income Statement Comp. Income Cash Flow Balance Sheet All Statements
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10-K.Info (Beta Test)
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NEXTERA ENERGY INC

Ticker: NEE   Fiscal Year: 2016

CONSOLIDATED STATEMENTS OF INCOME

Period Ending Dec 31, 2016 10-K (Filed: Feb 23, 2017)

(In Millions, except shares in Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2016Dec 31, 2015Dec 31, 2014
OPERATING REVENUES
$
16,155
17,48617,021
OPERATING EXPENSES (INCOME)
Fuel, purchased power and interchange4,0425,3275,602
Other operations and maintenance3,3893,2693,149
Merger-related135260
Depreciation and amortization3,0772,8312,551
Losses (gains) on disposal of assets - net(446)4(27)
Taxes other than income taxes and other - net1,3501,3971,362
Total operating expenses - net11,54712,85412,637
 
OPERATING INCOME4,6084,6324,384
 
OTHER INCOME (DEDUCTIONS)
Interest expense(1,093)(1,211)(1,261)
Benefits associated with differential membership interests - net309216199
Equity in earnings of equity method investees14810793
Allowance for equity funds used during construction867037
Interest income828680
Gains on disposal of investments and other property - net4090105
Gain associated with Maine fossil0021
Other than temporary impairment losses on securities held in nuclear decommissioning funds(23)(40)(13)
Revaluation of contingent consideration18900
Other - net42400
Total other deductions - net(220)(642)(739)
 
INCOME (LOSS) BEFORE INCOME TAXES4,3883,9903,645
 
INCOME TAXES1,3831,2281,176
NET INCOME3,0052,7622,469
 
LESS NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS93104
Net income attributable to parent2,9122,7522,465
 
Earnings per share attributable to NEE:
Basic EPS - Continuing operations6.296.115.67
Earnings per share attributable to NEE - assuming dilution:
Diluted EPS - Continuing operations6.256.065.60
Weighted-average number of common shares outstanding:
Basic463,100450,500434,400
Assuming dilution465,800454,000440,100
Legal Entity
FPL
OPERATING REVENUES10,89511,65111,421
Fuel, purchased power and interchange3,2974,2764,375
Other operations and maintenance1,6001,6171,620
Depreciation and amortization1,6511,5761,432
Taxes other than income taxes and other - net1,1891,2051,166
Total operating expenses - net7,7378,6748,593
 
OPERATING INCOME3,1582,9772,828
 
Interest expense(456)(445)(439)
Allowance for equity funds used during construction746836
Other - net252
Total other deductions - net(380)(372)(401)
 
INCOME (LOSS) BEFORE INCOME TAXES2,7782,6052,427
 
INCOME TAXES1,051957910
Net income attributable to parent1,7271,648 [1]1,517
 
[1] FPL's comprehensive income is the same as reported net income
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NEXTERA ENERGY INC

Ticker: NEE   Fiscal Year: 2016

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

Period Ending Dec 31, 2016 10-K (Filed: Feb 23, 2017)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2016Dec 31, 2015Dec 31, 2014
Net income
$
3,005
2,7622,469
Effective portion of net unrealized losses (net of $37 and $80 tax benefit, respectively)0(88)(141)
Reclassification from accumulated other comprehensive income to net income (net of $32, $25 and $57 tax expense, respectively)706398
Net unrealized gains (losses) on securities still held (net of $50 tax expense, $8 tax benefit and $45 tax expense, respectively)69(7)62
Reclassification from accumulated other comprehensive income to net income (net of $13, $33 and $26 tax benefit, respectively)(18)(37)(41)
Defined benefit pension and other benefits plans (net of $13, $26 and $27 tax benefit, respectively)(21)(42)(43)
Net unrealized losses on foreign currency translation (net of $2, $2 and $12 tax benefit, respectively)(5)(27)(25)
Other comprehensive income (loss) related to equity method investee (net of $2 tax expense and $5 tax benefit, respectively)20(8)
Total other comprehensive income (loss), net of tax97(138)(98)
 
COMPREHENSIVE INCOME3,1022,6242,371
 
LESS COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS93(1)2
COMPREHENSIVE INCOME ATTRIBUTABLE TO NEE3,0092,6252,369
 
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NEXTERA ENERGY INC

Ticker: NEE   Fiscal Year: 2016

CONSOLIDATED STATEMENTS OF CASH FLOWS

Period Ending Dec 31, 2016 10-K (Filed: Feb 23, 2017)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2016Dec 31, 2015Dec 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net income
$
3,005
2,7622,469
NET INCOME2,9122,7522,465
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization3,0772,8312,551
Nuclear fuel and other amortization300372345
Unrealized gains on marked to market derivative contracts - net(44)(337)(411)
Foreign currency transaction losses1300
Deferred income taxes1,2301,1621,205
Cost recovery clauses and franchise fees94176(67)
Purchased power agreement termination0(521)0
Benefits associated with differential membership interests - net(309)(216)(199)
Gains on disposal of assets - net(490)(89)(133)
Recoverable storm-related costs(223)00
Other - net(94)68278
Changes in operating assets and liabilities:
Current assets(120)73(172)
Noncurrent assets(67)(106)(220)
Current liabilities(24)64(134)
Noncurrent liabilities(12)(123)(12)
Net cash provided by operating activities6,3366,1165,500
 
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures of FPL(3,776)(3,428)(3,067)
Independent power and other investments of NEER(5,396)(4,505)(3,588)
Cash grants under the American Recovery and Reinvestment Act of 20093358343
Nuclear fuel purchases(283)(361)(287)
Other capital expenditures and other investments(181)(83)(75)
Sale of independent power and other investments of NEER65852307
Proceeds from sale or maturity of securities in special use funds and other investments3,7764,8514,621
Purchases of securities in special use funds and other investments(3,829)(4,982)(4,767)
Proceeds from the sale of a noncontrolling interest in subsidiaries645345438
Other - net(59)98(286)
Net cash used in investing activities(8,110)(8,005)(6,361)
 
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt5,6575,7725,054
Retirements of long-term debt(3,310)(3,972)(4,750)
Proceeds from differential membership investors1,859761978
Payments to differential membership investors(122)(92)(71)
Proceeds from other short-term debt5001,225500
Repayments of other short-term debt(662)(813)(500)
Net change in commercial paper(106)(768)451
Issuances of common stock - net5371,298633
Dividends on common stock(1,612)(1,385)(1,261)
Other - net(246)(143)(34)
Net cash provided by (used in) financing activities2,4951,8831,000
 
Net increase (decrease) in cash and cash equivalents721(6)139
 
Cash and cash equivalents at beginning of year571577
Cash and cash equivalents at end of year1,292571577
 
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid for interest (net of amount capitalized)1,1931,1431,181
Cash paid for income taxes - net913346
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES
Accrued property additions3,6262,616956
Assumption of debt/acquisition holdbacks in connection with Texas pipeline acquisition01,0780
Decrease in property, plant and equipment - net as a result of cash grants under the American Recovery and Reinvestment Act of 2009419224161
Decrease (increase) in property, plant and equipment as a result of a settlement(72)(45)181
Proceeds from differential membership investors used to reduce debt10000
Legal Entity
FPL
NET INCOME1,7271,648 [1]1,517
Depreciation and amortization1,6511,5761,432
Nuclear fuel and other amortization218209201
Deferred income taxes932504601
Cost recovery clauses and franchise fees94176(67)
Purchased power agreement termination0(521)0
Recoverable storm-related costs(223)00
Other - net42(56)94
Current assets26(89)(125)
Noncurrent assets(31)(53)(103)
Current liabilities1640(70)
Noncurrent liabilities(86)(41)(26)
Net cash provided by operating activities4,3663,3933,454
 
Capital expenditures of FPL(3,776)(3,428)(3,067)
Nuclear fuel purchases(158)(205)(174)
Proceeds from sale or maturity of securities in special use funds and other investments2,4953,7313,349
Purchases of securities in special use funds and other investments(2,506)(3,792)(3,414)
Other - net(15)19(268)
Net cash used in investing activities(3,960)(3,675)(3,574)
 
Issuances of long-term debt3091,084997
Retirements of long-term debt(262)(551)(355)
Proceeds from other short-term debt5001000
Repayments of other short-term debt(450)00
Net change in commercial paper212(1,086)938
Capital contributions from NEE6001,454100
Dividends on common stock(1,300)(700)(1,550)
Other - net(5)(10)(15)
Net cash provided by (used in) financing activities(396)291115
 
Net increase (decrease) in cash and cash equivalents109(5)
 
Cash and cash equivalents at beginning of year331414
Cash and cash equivalents at end of year331414
 
Cash paid for interest (net of amount capitalized)434435417
Cash paid for income taxes - net147439342
Accrued property additions664474404
[1] FPL's comprehensive income is the same as reported net income
10-K.Info (Beta Test)
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NEXTERA ENERGY INC

Ticker: NEE   Fiscal Year: 2016

CONSOLIDATED BALANCE SHEETS

Period Ending Dec 31, 2016 10-K (Filed: Feb 23, 2017)

(In Millions, except shares in actual)
 As ofAs of
 Dec 31, 2016Dec 31, 2015
PROPERTY, PLANT AND EQUIPMENT
Electric plant in service and other property
$
80,150
72,606
Nuclear fuel2,1312,067
Construction work in progress4,7325,657
Accumulated depreciation and amortization(20,101)(18,944)
Total property, plant and equipment - net66,91261,386
 
ELECTRIC UTILITY PLANT AND OTHER PROPERTY
CURRENT ASSETS
Cash and cash equivalents1,292571
Customer receivables, net of allowances1,7841,784
Other receivables655481
Materials, supplies and fossil fuel inventory1,2891,259
Regulatory assets524503
Derivatives885712
Assets held for sale4521,009
Other528476
Total current assets7,4096,795
 
OTHER ASSETS
Special use funds5,4345,138
Other investments ($479 related to a VIE at December 31, 2016)2,4821,786
Prepaid benefit costs1,1771,155
Regulatory assets ($107 and $128 related to a VIE, respectively)1,8941,778
Derivatives1,3501,202
Other3,3353,239
Total other assets15,67214,298
 
TOTAL ASSETS89,99382,479
 
CAPITALIZATION
Common stock55
Additional paid-in capital8,9488,596
Retained earnings15,45814,140
Accumulated other comprehensive loss(70)(167)
Total common shareholders' equity24,34122,574
 
Noncontrolling interests990538
Total equity25,33123,112
 
Long-term debt27,81826,681
Total capitalization53,14949,793
 
CURRENT LIABILITIES
Commercial paper268374
Other short-term debt150412
Current maturities of long-term debt2,6042,220
Accounts payable3,4472,529
Customer deposits470473
Accrued interest and taxes480449
Derivatives404882
Accrued construction-related expenditures1,120921
Regulatory liabilities29914
Liabilities associated with assets held for sale451992
Other1,226841
Total current liabilities10,91910,107
 
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations2,7362,469
Deferred income taxes11,1019,827
Regulatory liabilities4,9064,606
Derivatives477530
Deferral related to differential membership interests - VIEs4,6563,142
Other2,0492,005
Total other liabilities and deferred credits25,92522,579
 
COMMITMENTS AND CONTINGENCIES  
TOTAL CAPITALIZATION AND LIABILITIES89,99382,479
 
Legal Entity
FPL
Plant in service and other property44,96641,227
Nuclear fuel1,3081,306
Construction work in progress2,0392,850
Accumulated depreciation and amortization(12,304)(11,862)
Total electric utility plant and other property - net36,00933,521
 
Cash and cash equivalents3323
Customer receivables, net of allowances768849
Other receivables148123
Materials, supplies and fossil fuel inventory851826
Regulatory assets524502
Derivatives2093
Other213181
Total current assets2,7462,507
 
Special use funds3,6653,504
Prepaid benefit costs1,3011,243
Regulatory assets ($107 and $128 related to a VIE, respectively)1,5731,513
Other207235
Total other assets6,7466,495
 
TOTAL ASSETS45,50142,523
 
Common stock1,3731,373
Additional paid-in capital8,3327,733
Retained earnings6,8756,447
Total common shareholders' equity16,58015,553
 
Total equity16,58015,553
 
Long-term debt9,7059,956
Total capitalization26,28525,509
 
Commercial paper26856
Other short-term debt150100
Current maturities of long-term debt36764
Accounts payable837664
Customer deposits466469
Accrued interest and taxes240279
Derivatives1222
Accrued construction-related expenditures262240
Regulatory liabilities29412
Other496343
Total current liabilities3,3812,449
 
Asset retirement obligations1,9191,822
Deferred income taxes8,5417,730
Regulatory liabilities4,8934,595
Other482418
Total other liabilities and deferred credits15,83514,565
 
COMMITMENTS AND CONTINGENCIES  
TOTAL CAPITALIZATION AND LIABILITIES45,50142,523
 
External Links 
NEXTERA ENERGY INC (NEE) Fiscal Year 2016
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