10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NEXTERA ENERGY INC | |||
Ticker: NEE Fiscal Year: 2015 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 22, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | |||
| Net income | $ 2,762 | 2,469 | 1,908 |
| NET INCOME | 2,752 | 2,465 | 1,908 |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: | |||
| Depreciation and amortization | 2,831 | 2,551 | 2,163 |
| Nuclear fuel and other amortization | 372 | 345 | 358 |
| Impairment charges | 2 | 11 | 300 |
| Unrealized gains on marked to market energy contracts | (337) | (411) | (10) |
| Deferred income taxes | 1,162 | 1,205 | 853 |
| Cost recovery clauses and franchise fees | 176 | (67) | (166) |
| Purchased power agreement termination | (521) | 0 | 0 |
| Benefits associated with differential membership interests - net | (216) | (199) | (165) |
| Gain from discontinued operations, net of income taxes | 0 | 0 | (231) |
| Other - net | (23) | 134 | 144 |
| Changes in operating assets and liabilities: | |||
| Customer and other receivables | 90 | (7) | (268) |
| Materials, supplies and fossil fuel inventory | 17 | (135) | (81) |
| Other current assets | (34) | (30) | 8 |
| Other assets | (106) | (220) | 8 |
| Accounts payable and customer deposits | (206) | 110 | 122 |
| Margin cash collateral | 81 | (59) | 156 |
| Income taxes | 28 | (75) | (56) |
| Other current liabilities | 161 | (110) | 143 |
| Other liabilities | (123) | (12) | (84) |
| Net cash provided by operating activities | 6,116 | 5,500 | 5,102 |
| CASH FLOWS FROM INVESTING ACTIVITIES | |||
| Capital expenditures of FPL | (3,428) | (3,067) | (2,691) |
| Independent power and other investments of NEER | (4,505) | (3,588) | (3,478) |
| Cash grants under the American Recovery and Reinvestment Act of 2009 | 8 | 343 | 165 |
| Nuclear fuel purchases | (361) | (287) | (371) |
| Other capital expenditures and other investments | (83) | (75) | (142) |
| Sale of independent power and other investments of NEER | 52 | 307 | 165 |
| Change in loan proceeds restricted for construction | (9) | (40) | 228 |
| Proceeds from sale or maturity of securities in special use funds and other investments | 4,851 | 4,621 | 4,405 |
| Purchases of securities in special use funds and other investments | (4,982) | (4,767) | (4,470) |
| Proceeds from the sale of a noncontrolling interest in subsidiaries | 345 | 438 | 0 |
| Other - net | 107 | (246) | 66 |
| Net cash used in investing activities | (8,005) | (6,361) | (6,123) |
| CASH FLOWS FROM FINANCING ACTIVITIES | |||
| Issuances of long-term debt | 5,772 | 5,054 | 4,371 |
| Retirements of long-term debt | (3,972) | (4,750) | (2,396) |
| Proceeds from differential membership investors | 761 | 978 | 448 |
| Payments to differential membership investors | (92) | (71) | (63) |
| Proceeds from Notes Payable | 1,225 | 500 | 0 |
| Repayments of Notes Payable | (813) | (500) | (200) |
| Net change in commercial paper | (768) | 451 | (520) |
| Issuances of common stock - net | 1,298 | 633 | 842 |
| Dividends on common stock | (1,385) | (1,261) | (1,122) |
| Other - net | (143) | (34) | (230) |
| Net cash provided by (used in) financing activities | 1,883 | 1,000 | 1,130 |
| Net increase (decrease) in cash and cash equivalents | (6) | 139 | 109 |
| Cash and cash equivalents at beginning of year | 577 | 438 | |
| Cash and cash equivalents at end of year | 571 | 577 | 438 |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION | |||
| Cash paid for interest (net of amount capitalized) | 1,143 | 1,181 | 1,070 |
| Cash paid (received) for income taxes - net | 33 | 46 | (20) |
| SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES | |||
| Accrued property additions | 2,616 | 956 | 1,098 |
| Sale of hydropower generation plants through assumption of debt by buyer | 0 | 0 | 700 |
| Assumption of debt and acquisition holdbacks in connection with the acquisition of the Texas pipeline business | 1,078 | 0 | 0 |
| Decrease (increase) in property, plant and equipment as a result of a settlement | (45) | 181 | 0 |
| Legal Entity | |||
| FPL | |||
| NET INCOME | 1,648 [1] | 1,517 | 1,349 |
| Depreciation and amortization | 1,576 | 1,432 | 1,159 |
| Nuclear fuel and other amortization | 209 | 201 | 184 |
| Deferred income taxes | 504 | 601 | 617 |
| Cost recovery clauses and franchise fees | 176 | (67) | (166) |
| Purchased power agreement termination | (521) | 0 | 0 |
| Other - net | (56) | 94 | 46 |
| Customer and other receivables | (79) | (10) | (5) |
| Materials, supplies and fossil fuel inventory | 22 | (106) | (16) |
| Other current assets | (32) | (9) | 15 |
| Other assets | (53) | (103) | (12) |
| Accounts payable and customer deposits | (72) | 28 | (1) |
| Income taxes | 14 | (34) | 384 |
| Other current liabilities | 98 | (64) | 11 |
| Other liabilities | (41) | (26) | (7) |
| Net cash provided by operating activities | 3,393 | 3,454 | 3,558 |
| Capital expenditures of FPL | (3,428) | (3,067) | (2,691) |
| Nuclear fuel purchases | (205) | (174) | (212) |
| Proceeds from sale or maturity of securities in special use funds and other investments | 3,731 | 3,349 | 3,342 |
| Purchases of securities in special use funds and other investments | (3,792) | (3,414) | (3,389) |
| Other - net | 19 | (268) | 30 |
| Net cash used in investing activities | (3,675) | (3,574) | (2,920) |
| Issuances of long-term debt | 1,084 | 997 | 497 |
| Retirements of long-term debt | (551) | (355) | (453) |
| Proceeds from Notes Payable | 100 | 0 | 0 |
| Net change in commercial paper | (1,086) | 938 | 99 |
| Capital contributions from NEE | 1,454 | 100 | 275 |
| Dividends on common stock | (700) | (1,550) | (1,070) |
| Other - net | (10) | (15) | (7) |
| Net cash provided by (used in) financing activities | 291 | 115 | (659) |
| Net increase (decrease) in cash and cash equivalents | 9 | (5) | (21) |
| Cash and cash equivalents at beginning of year | 23 | 19 | 19 |
| Cash and cash equivalents at end of year | 23 | 19 | 19 |
| Cash paid for interest (net of amount capitalized) | 435 | 417 | 410 |
| Cash paid (received) for income taxes - net | 439 | 342 | (166) |
| Accrued property additions | 474 | 404 | 386 |
| [1] FPL's comprehensive income is the same as reported net income | |||
| External Links | |
| NEXTERA ENERGY INC (NEE) Fiscal Year 2015 | |
| 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 |