v3.25.4
Summary of Significant Accounting and Reporting Policies (Tables)
 12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Regulatory Assets
NEE's and FPL's regulatory assets and liabilities are as follows:

NEEFPL
December 31,December 31,
2025202420252024
(millions)
Regulatory assets:
Current:
Early retirement of generation facilities and transmission assets(a)
$188 $162 $188 $162 
Deferred clause and franchise expenses
139 98 139 98 
Storm restoration costs(b)
— 1,019 — 1,019 
Other106 138 74 126 
Total$433 $1,417 $401 $1,405 
Noncurrent:    
Early retirement of generation facilities and transmission assets(a)
$2,327 $2,037 $2,327 $2,037 
Accrued asset removal costs(c)
2,097 1,398 2,064 1,373 
Other1,215 1,393 1,014 1,054 
Total$5,639 $4,828 $5,405 $4,464 
Regulatory liabilities:    
Current:
Deferred clause revenues$320 $224 $320 $224 
Other36 55 24 49 
Total$356 $279 $344 $273 
Noncurrent:    
Asset retirement obligation regulatory expense difference$5,673 $4,809 $5,673 $4,809 
Accrued asset removal costs(c)
799 745 747 698 
Deferred taxes3,348 3,594 3,245 3,491 
Other1,654 1,487 1,615 1,467 
Total$11,474 $10,635 $11,280 $10,465 
______________________
(a)The majority of these regulatory assets are being amortized over 20 years.
(b)The majority of these regulatory assets were amortized over a 12-month period that began in January 2025. See Storm Funds, Storm Reserves and Storm Cost Recovery below.
(c)See Electric Plant, Depreciation and Amortization below.
Schedule of Regulatory Liabilities
NEE's and FPL's regulatory assets and liabilities are as follows:

NEEFPL
December 31,December 31,
2025202420252024
(millions)
Regulatory assets:
Current:
Early retirement of generation facilities and transmission assets(a)
$188 $162 $188 $162 
Deferred clause and franchise expenses
139 98 139 98 
Storm restoration costs(b)
— 1,019 — 1,019 
Other106 138 74 126 
Total$433 $1,417 $401 $1,405 
Noncurrent:    
Early retirement of generation facilities and transmission assets(a)
$2,327 $2,037 $2,327 $2,037 
Accrued asset removal costs(c)
2,097 1,398 2,064 1,373 
Other1,215 1,393 1,014 1,054 
Total$5,639 $4,828 $5,405 $4,464 
Regulatory liabilities:    
Current:
Deferred clause revenues$320 $224 $320 $224 
Other36 55 24 49 
Total$356 $279 $344 $273 
Noncurrent:    
Asset retirement obligation regulatory expense difference$5,673 $4,809 $5,673 $4,809 
Accrued asset removal costs(c)
799 745 747 698 
Deferred taxes3,348 3,594 3,245 3,491 
Other1,654 1,487 1,615 1,467 
Total$11,474 $10,635 $11,280 $10,465 
______________________
(a)The majority of these regulatory assets are being amortized over 20 years.
(b)The majority of these regulatory assets were amortized over a 12-month period that began in January 2025. See Storm Funds, Storm Reserves and Storm Cost Recovery below.
(c)See Electric Plant, Depreciation and Amortization below.
Schedule of Goodwill and Other Intangible Assets NEE's goodwill and other intangible assets are as follows:
Weighted-
Average
Useful Lives		December 31,
20252024
(years)(millions)
Goodwill (by reporting unit):
FPL segment, primarily rate-regulated utilities
$2,965 $2,965 
NEER segment:
Rate-regulated assets, primarily transmission
1,154 1,167 
Clean energy assets
420 424 
Customer supply
299 299 
Corporate and Other11 11 
Total goodwill$4,849 $4,866 
Other intangible assets not subject to amortization, primarily land easements$137 $137 
Other intangible assets subject to amortization:
Purchased power agreements
18$635 $633 
Biogas rights agreements
28952 933 
Other, primarily transportation contracts and customer lists17299 214 
Total1,886 1,780 
Accumulated amortization(256)(202)
Total other intangible assets subject to amortization – net
$1,630 $1,578 
Supplier Finance Program
A rollforward of NEE's structured payables is as follows:
December 31,
20252024
(millions)
Obligations outstanding at the beginning of the year
$3,988 $4,701 
Invoices added to the program8,036 6,363 
Invoices paid(7,850)(7,076)
Obligations outstanding at the end of the year
$4,174 $3,988