Equity (Tables)

3 Months Ended

Mar. 31, 2026

Reconciliation of basic and diluted earnings per share of common stock

Earnings Per Share – The reconciliation of NEE's basic and diluted earnings per share attributable to NEE is as follows:


	Three Months Ended March 31,
		2026		2025
		(millions, except per share amounts)

Numerator – net income attributable to NEE		$	2,182	$	833



Denominator:
Weighted-average number of common shares outstanding – basic		2,082.5		2,055.5
Equity units, stock options, performance share awards, restricted stock and exchangeable notes(a)		9.9		5.2
Weighted-average number of common shares outstanding – assuming dilution		2,092.4		2,060.7
Earnings per share attributable to NEE:
Basic		$	1.05	$	0.41
Assuming dilution		$	1.04	$	0.40

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(a)Calculated primarily using the treasury stock method. Performance share awards are included in diluted weighted-average number of common shares outstanding based upon what would be issued if the end of the reporting period was the end of the term of the award.

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss) – The components of AOCI, net of tax, are as follows:


	Accumulated Other Comprehensive Income (Loss)
	Net Unrealized Gains (Losses) on Cash Flow Hedges		Net Unrealized Gains (Losses) on Available for Sale Securities		Defined Benefit Pension and Other Benefits Plans		Net Unrealized Gains (Losses) on Foreign Currency Translation		Other Comprehensive Income (Loss) Related to Equity Method Investees		Total
	(millions)
Three Months Ended March 31, 2026
Balances, December 31, 2025	$	19	$	—	$	33	$	(72)	$	11	$	(9)
Other comprehensive loss before reclassifications	—		(17)		—		(8)		—		(25)

Net other comprehensive loss	—		(17)		—		(8)		—		(25)

Balances, March 31, 2026	$	19	$	(17)	$	33	$	(80)	$	11	$	(34)


	Accumulated Other Comprehensive Income (Loss)
	Net Unrealized Gains (Losses) on Cash Flow Hedges		Net Unrealized Gains (Losses) on Available for Sale Securities			Defined Benefit Pension and Other Benefits Plans		Net Unrealized Gains (Losses) on Foreign Currency Translation		Other Comprehensive Income (Loss) Related to Equity Method Investees		Total
	(millions)
Three Months Ended March 31, 2025
Balances, December 31, 2024	$	23	$	(37)		$	(19)	$	(101)	$	8	$	(126)
Other comprehensive income before reclassifications	—		9			—		—		—		9
Amounts reclassified from AOCI	—		3		(a)	—		—		—		3
Net other comprehensive income	—		12			—		—		—		12

Balances, March 31, 2025	$	23	$	(25)		$	(19)	$	(101)	$	8	$	(114)

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(a)Reclassified to losses on disposal of investments and other property – net in NEE's condensed consolidated statements of income.