Segment Information (Tables)

3 Months Ended

Mar. 31, 2026

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Net income attributable to NEE and significant expenses for NEE's reportable segments and the FPL reportable segment are shown below.


	Three Months Ended March 31, 2026							Three Months Ended March 31, 2025
	FPL		NEER			Total		FPL		NEER			Total
	(millions)
Operating revenues	$	4,271	$	2,311		$	6,582	$	3,997	$	2,163		$	6,160
Corporate and Other						119							87
Total consolidated revenues						$	6,701						$	6,247

Less:
Fuel, purchased power and interchange	992		337					936		229
Other operations and maintenance	379		870					379		659
Depreciation and amortization	665		691					408		671
Taxes other than income taxes and other – net	506		120					475		119
Interest expense	338		501		(a)			317		548		(a)
Income tax expense (benefit)(b)	(18)		(347)					215		(515)


Other segment items(c)	53		880					49		(280)
Net income attributable to NEE for reportable segments	1,462		1,019			$	2,481	1,316		172			$	1,488

Reconciliation of segment profit/(loss)
Corporate and Other						(299)							(655)
Net income attributable to NEE	$	1,462	$	1,019		$	2,182	$	1,316	$	172		$	833

_________________________

(a)Interest expense allocated from NEECH to NextEra Energy Resources is based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual NEECH corporate interest expense is included in Corporate and Other.

(b)Includes amounts that were recognized based on the tax sharing agreement with NEE. See Note 4.

(c)Other segment items for each reportable segment include:

FPL – Allowance for equity funds used during construction and other – net

NEER – Gains on disposal of businesses/assets – net, equity in earnings (losses) of equity method investees, allowance for equity funds used during construction, losses on disposal of investments and other property – net, change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net, other – net and net loss attributable to noncontrolling interests

Segment information

NEE's and FPL's additional segment information is as follows:



	FPL		NEER		Total Reportable Segments		Corporate and Other		Total Consolidated
	(millions)





Three Months Ended March 31, 2026
Equity in earnings of equity method investees	$	—	$	170	$	170	$	1	$	171
Net loss attributable to noncontrolling interests	$	—	$	494	$	494	$	—	$	494
Capital expenditures, independent power and other investments and nuclear fuel purchases	$	3,162	$	7,896	$	11,058	$	4	$	11,062

March 31, 2026
Property, plant and equipment – net	$	84,118	$	78,086	$	162,204	$	157	$	162,361
Total assets	$	108,645	$	108,896	$	217,541	$	3,883	$	221,424
Investment in equity method investees	$	—	$	5,969	$	5,969	$	20	$	5,989



	FPL		NEER		Total Reportable Segments		Corporate and Other		Total Consolidated
	(millions)





Three Months Ended March 31, 2025
Equity in losses of equity method investees	$	—	$	(646)	$	(646)	$	—	$	(646)
Net loss attributable to noncontrolling interests	$	—	$	369	$	369	$	—	$	369
Capital expenditures, independent power and other investments and nuclear fuel purchases	$	2,392	$	5,543	$	7,935	$	7	$	7,942

December 31, 2025
Property, plant and equipment – net	$	81,755	$	74,287	$	156,042	$	155	$	156,197
Total assets	$	105,158	$	103,528	$	208,686	$	4,035	$	212,721
Investment in equity method investees	$	—	$	5,509	$	5,509	$	19	$	5,528