$NEE-PN
NEXTERA ENERGY INC
CIK:0000753308|SEC Filings
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions |
6 Months Ended | |||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
|||
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||
| Net Income (loss) | $ 4,309 | $ 2,104 | ||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | 3,128 | 2,868 | ||
| Nuclear fuel and other amortization | 210 | 165 | ||
| Unrealized losses (gains) on marked to market derivative contracts – net | (672) | 1,003 | ||
| Foreign currency transaction losses (gains) | (285) | 56 | ||
| Deferred income taxes | 619 | (512) | ||
| Cost recovery clauses and franchise fees | (7) | (159) | ||
| Equity in losses (earnings) of equity method investees | (504) | 469 | ||
| Distributions of earnings from equity method investees | 213 | 181 | ||
| Gains on disposal of businesses, assets and investments – net | (353) | (155) | ||
| Recoverable storm-related costs | (19) | (346) | ||
| Other – net | 262 | 230 | ||
| Changes in operating assets and liabilities: | ||||
| Current assets | (858) | (501) | ||
| Noncurrent assets | (222) | (183) | ||
| Current liabilities | 1,223 | 521 | ||
| Noncurrent liabilities | 232 | 217 | ||
| Net cash provided by operating activities | 7,276 | 5,958 | ||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||
| Capital expenditures of FPL | (5,780) | (4,285) | ||
| Independent power and other investments of NEER | (13,338) | (9,056) | ||
| Nuclear fuel purchases | (263) | (279) | ||
| Other capital expenditures | (8) | (6) | ||
| Sale of independent power and other investments of NEER | 448 | 309 | ||
| Proceeds from sale or maturity of securities in special use funds | 3,252 | 2,810 | ||
| Purchases of securities in special use funds | (3,482) | (3,060) | ||
| Other – net | 58 | 22 | ||
| Net cash used in investing activities | (19,113) | (13,545) | ||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||
| Issuances of long-term debt, including premiums and discounts | 15,566 | 12,996 | ||
| Retirements of long-term debt | (4,032) | (5,160) | ||
| Net change in commercial paper | (219) | 2,357 | ||
| Proceeds from other short-term debt | 3,650 | 1,400 | ||
| Repayments of other short-term debt | 0 | (850) | ||
| Cash swept from (repayments to) related parties – net | 13 | (129) | ||
| Issuances of common stock/equity units | 31 | 22 | ||
| Dividends on common stock | (2,599) | (2,332) | ||
| Other – net | (353) | (144) | ||
| Net cash provided by financing activities | 12,057 | 8,160 | ||
| Effects of currency translation on cash, cash equivalents and restricted cash | (4) | 7 | ||
| Net increase in cash, cash equivalents and restricted cash | 216 | 580 | ||
| Cash, cash equivalents and restricted cash at beginning of period | 3,006 | 1,402 | ||
| Cash, cash equivalents and restricted cash at end of period | 3,222 | 1,982 | ||
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION | ||||
| Cash paid for interest (net of amount capitalized) | 1,980 | 1,502 | ||
| Cash paid (received) for income taxes - net | (1,188) | (353) | ||
| SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES | ||||
| Accrued property additions | 7,080 | 3,545 | ||
| Florida Power & Light Company | ||||
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||
| Net Income (loss) | [1] | 2,874 | 2,591 | |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | 1,694 | 1,488 | ||
| Nuclear fuel and other amortization | 80 | 74 | ||
| Deferred income taxes | 20 | 141 | ||
| Cost recovery clauses and franchise fees | (7) | (159) | ||
| Recoverable storm-related costs | (19) | (346) | ||
| Other – net | 20 | 16 | ||
| Changes in operating assets and liabilities: | ||||
| Current assets | (342) | (461) | ||
| Noncurrent assets | (85) | (83) | ||
| Current liabilities | 1,144 | 587 | ||
| Noncurrent liabilities | 9 | (7) | ||
| Net cash provided by operating activities | 5,388 | 3,841 | ||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||
| Capital expenditures | (5,780) | (4,285) | ||
| Nuclear fuel purchases | (152) | (98) | ||
| Proceeds from sale or maturity of securities in special use funds | 1,955 | 1,720 | ||
| Purchases of securities in special use funds | (2,082) | (1,810) | ||
| Other – net | 39 | 35 | ||
| Net cash used in investing activities | (6,020) | (4,438) | ||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||
| Issuances of long-term debt, including premiums and discounts | 2,502 | 1,996 | ||
| Retirements of long-term debt | (648) | (1,122) | ||
| Net change in commercial paper | (1,044) | (103) | ||
| Dividends on common stock | (100) | (100) | ||
| Other – net | (35) | (36) | ||
| Net cash provided by financing activities | 675 | 635 | ||
| Net increase in cash, cash equivalents and restricted cash | 43 | 38 | ||
| Cash, cash equivalents and restricted cash at beginning of period | 88 | 133 | ||
| Cash, cash equivalents and restricted cash at end of period | 131 | 171 | ||
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION | ||||
| Cash paid for interest (net of amount capitalized) | 631 | 606 | ||
| Cash paid (received) for income taxes - net | (68) | 115 | ||
| SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES | ||||
| Accrued property additions | $ 1,231 | $ 960 | ||
| ||||
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 2,866 | $ 2,812 |
| Customer receivables, net of allowances | 4,708 | 4,018 |
| Other receivables | 2,181 | 1,733 |
| Materials, supplies and fuel inventory | 2,616 | 2,420 |
| Regulatory assets | 349 | 433 |
| Derivatives | 1,352 | 997 |
| Other | 1,395 | 1,171 |
| Total current assets | 15,467 | 13,584 |
| Other assets: | ||
| Property, plant and equipment – net | 170,452 | 156,197 |
| Special use funds | 11,678 | 10,954 |
| Investment in equity method investees | 5,971 | 5,528 |
| Prepaid benefit costs | 2,902 | 2,868 |
| Regulatory assets | 7,336 | 5,639 |
| Derivatives | 2,045 | 1,998 |
| Goodwill | 5,152 | 4,849 |
| Other | 11,804 | 11,104 |
| Total other assets | 217,340 | 199,137 |
| TOTAL ASSETS | 232,807 | 212,721 |
| Current liabilities: | ||
| Commercial paper | 1,736 | 1,955 |
| Other short-term debt | 4,258 | 608 |
| Current portion of long-term debt | 5,413 | 3,500 |
| Accounts payable | 6,558 | 7,583 |
| Customer deposits | 1,181 | 709 |
| Accrued interest and taxes | 1,851 | 1,185 |
| Derivatives | 1,034 | 1,113 |
| Accrued construction-related expenditures | 3,348 | 2,966 |
| Regulatory liabilities | 398 | 356 |
| Other | 3,197 | 2,842 |
| Total current liabilities | 28,974 | 22,817 |
| Other liabilities and deferred credits: | ||
| Long-term debt | 98,790 | 89,556 |
| Asset retirement obligations | 3,794 | 3,669 |
| Deferred income taxes | 13,365 | 12,359 |
| Regulatory liabilities | 13,118 | 11,474 |
| Derivatives | 1,732 | 2,148 |
| Other | 4,875 | 4,219 |
| Total other liabilities and deferred credits | 135,674 | 123,425 |
| TOTAL LIABILITIES | 164,648 | 146,242 |
| COMMITMENTS AND CONTINGENCIES | ||
| REDEEMABLE NONCONTROLLING INTERESTS | 64 | 0 |
| EQUITY | ||
| Common stock | 21 | 21 |
| Additional paid-in capital | 19,325 | 19,494 |
| Retained earnings | 37,828 | 35,102 |
| Accumulated other comprehensive loss | (48) | (9) |
| Total common shareholders' equity | 57,126 | 54,608 |
| Noncontrolling interests | 10,969 | 11,871 |
| TOTAL EQUITY | 68,095 | 66,479 |
| TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY | 232,807 | 212,721 |
| Florida Power & Light Company | ||
| Current assets: | ||
| Cash and cash equivalents | 89 | 42 |
| Customer receivables, net of allowances | 2,016 | 1,667 |
| Other receivables | 381 | 413 |
| Materials, supplies and fuel inventory | 1,419 | 1,373 |
| Regulatory assets | 324 | 401 |
| Derivatives | 28 | 39 |
| Other | 269 | 255 |
| Total current assets | 4,498 | 4,151 |
| Other assets: | ||
| Electric utility plant and other property – net | 85,930 | 81,755 |
| Special use funds | 8,150 | 7,684 |
| Prepaid benefit costs | 2,104 | 2,072 |
| Regulatory assets | 7,154 | 5,405 |
| Derivatives | 1 | 1 |
| Goodwill | 2,965 | 2,965 |
| Other | 861 | 1,126 |
| Total other assets | 107,164 | 101,007 |
| TOTAL ASSETS | 111,662 | 105,158 |
| Current liabilities: | ||
| Commercial paper | 86 | 1,130 |
| Current portion of long-term debt | 328 | 641 |
| Accounts payable | 1,150 | 1,084 |
| Customer deposits | 1,137 | 685 |
| Accrued interest and taxes | 1,131 | 470 |
| Derivatives | 34 | 15 |
| Accrued construction-related expenditures | 851 | 1,153 |
| Regulatory liabilities | 381 | 344 |
| Other | 652 | 687 |
| Total current liabilities | 5,716 | 6,194 |
| Other liabilities and deferred credits: | ||
| Long-term debt | 30,188 | 28,041 |
| Asset retirement obligations | 2,210 | 2,158 |
| Deferred income taxes | 10,461 | 10,156 |
| Regulatory liabilities | 12,951 | 11,280 |
| Derivatives | 36 | 1 |
| Other | 376 | 343 |
| Total other liabilities and deferred credits | 56,186 | 51,978 |
| TOTAL LIABILITIES | 61,902 | 58,172 |
| COMMITMENTS AND CONTINGENCIES | ||
| EQUITY | ||
| Common stock | 1,373 | 1,373 |
| Additional paid-in capital | 26,866 | 26,866 |
| Retained earnings | 21,521 | 18,747 |
| TOTAL EQUITY | 49,760 | 46,986 |
| TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY | $ 111,662 | $ 105,158 |