v3.26.1
Equity
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Equity Equity
Earnings Per Share – The reconciliation of NEE's basic and diluted earnings per share attributable to NEE is as follows:

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(millions, except per share amounts)
Numerator – net income attributable to NEE
$3,144 $2,028 $5,326 $2,862 
Denominator:
Weighted-average number of common shares outstanding – basic
2,083.5 2,056.7 2,083.0 2,056.1 
Equity units, stock options, performance share awards, restricted stock and exchangeable notes(a)
9.9 4.6 9.9 4.9 
Weighted-average number of common shares outstanding – assuming dilution
2,093.4 2,061.3 2,092.9 2,061.0 
Earnings per share attributable to NEE:
Basic$1.51 $0.99 $2.56 $1.39 
Assuming dilution$1.50 $0.98 $2.54 $1.39 
———————————————
(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.

Common shares issuable pursuant to equity units, stock options, performance share awards and/or exchangeable notes, as well as restricted stock which were not included in the denominator above due to their antidilutive effect were approximately 39.0 million and 72.9 million for the three months ended June 30, 2026 and 2025, respectively, and 23.6 million and 72.6 million for the six months ended June 30, 2026 and 2025, respectively.
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 SecuritiesDefined Benefit Pension and Other Benefits PlansNet Unrealized Gains (Losses) on Foreign Currency Translation
Other Comprehensive Income (Loss) Related to Equity Method Investees
Total
(millions)
Three Months Ended June 30, 2026
Balances, March 31, 2026$19 $(17)$33 $(80)$11 $(34)
Other comprehensive loss before
reclassifications
— (5)— (12)— (17)
Amounts reclassified from AOCI1 
(a)
2 
(b)
— — — 3 
Net other comprehensive income (loss)1 (3)— (12)— (14)
Balances, June 30, 2026$20 $(20)$33 $(92)$11 $(48)
———————————————
(a)Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 – Income Statement Impact of Derivative Instruments.
(b)Reclassified to gains on disposal of investments and other property – net in NEE's condensed consolidated statements of income.


Accumulated Other Comprehensive Income (Loss)
Net Unrealized Gains (Losses) on Cash Flow HedgesNet Unrealized Gains (Losses) on Available for Sale SecuritiesDefined Benefit Pension and Other Benefits PlansNet Unrealized Gains (Losses) on Foreign Currency TranslationOther Comprehensive Income (Loss) Related to Equity Method InvesteesTotal
(millions)
Six Months Ended June 30, 2026
Balances, December 31, 2025
$19 $— $33 $(72)$11 $(9)
Other comprehensive loss before reclassifications
— (23)— (20)— (43)
Amounts reclassified from AOCI1 
(a)
3 
(b)
— — — 4 
Net other comprehensive income (loss)1 (20)— (20)— (39)
Balances, June 30, 2026$20 $(20)$33 $(92)$11 $(48)
———————————————
(a)Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 – Income Statement Impact of Derivative Instruments.
(b)Reclassified to gains on disposal of investments and other property – net in NEE's condensed consolidated statements of income.


Accumulated Other Comprehensive Income (Loss)
Net Unrealized Gains (Losses) on Cash Flow HedgesNet Unrealized Gains (Losses) on Available for Sale SecuritiesDefined Benefit Pension and Other Benefits PlansNet Unrealized Gains (Losses) on Foreign Currency TranslationOther Comprehensive Income (Loss) Related to Equity Method InvesteesTotal
(millions)
Three Months Ended June 30, 2025
Balances, March 31, 2025$23 $(25)$(19)$(101)$8 $(114)
Other comprehensive income before reclassifications— 9 — 33 — 42 
Amounts reclassified from AOCI1 
(a)
1 
(b)
— — — 2 
Net other comprehensive income1 10 — 33 — 44 
Balances, June 30, 2025$24 $(15)$(19)$(68)$8 $(70)
———————————————
(a)Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 – Income Statement Impact of Derivative Instruments.
(b)Reclassified to gains on disposal of investments and other property – net in NEE's condensed consolidated statements of income.
Accumulated Other Comprehensive Income (Loss)
Net Unrealized Gains (Losses) on Cash Flow Hedges
Net Unrealized Gains (Losses) on Available for Sale SecuritiesDefined Benefit Pension and Other Benefits PlansNet Unrealized Gains (Losses) on Foreign Currency Translation
Other Comprehensive Income (Loss) Related to Equity Method Investees
Total
(millions)
Six Months Ended June 30, 2025
Balances, December 31, 2024
$23 $(37)$(19)$(101)$8 $(126)
Other comprehensive income before reclassifications
— 18 — 33 — 51 
Amounts reclassified from AOCI1 
(a)
4 
(b)
— — — 5 
Net other comprehensive income
1 22 — 33 — 56 
Balances, June 30, 2025$24 $(15)$(19)$(68)$8 $(70)
———————————————
(a)Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 – Income Statement Impact of Derivative Instruments.
(b)Reclassified to gains on disposal of investments and other property – net in NEE's condensed consolidated statements of income.