v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
OPERATING REVENUES $ 7,534 $ 6,700 $ 14,235 $ 12,947
OPERATING EXPENSES        
Fuel, purchased power and interchange 1,374 1,184 2,703 2,348
Other operations and maintenance 1,459 1,220 2,881 2,393
Merger-related expenses 32 0 32 0
Depreciation and amortization 1,757 1,773 3,128 2,868
Taxes other than income taxes and other – net 667 630 1,295 1,225
Total operating expenses – net 5,289 4,807 10,039 8,834
GAINS (LOSSES) ON DISPOSAL OF BUSINESSES/ASSETS – NET (7) 18 250 54
OPERATING INCOME 2,238 1,911 4,446 4,167
OTHER INCOME (DEDUCTIONS)        
Interest expense (487) (1,060) (1,774) (2,834)
Equity in earnings (losses) of equity method investees 333 177 504 (469)
Allowance for equity funds used during construction 59 44 112 82
Gains on disposal of investments and other property – net 103 103 103 101
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net 190 70 130 2
Other net periodic benefit income 23 67 94 134
Other – net 79 71 121 144
Total other income (deductions) – net 300 (528) (710) (2,840)
INCOME BEFORE INCOME TAXES 2,538 1,383 3,736 1,327
INCOME TAX BENEFIT (84) (256) (573) (777)
NET INCOME 2,622 1,639 4,309 2,104
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS 522 389 1,017 758
Net income (loss) attributable to NEE $ 3,144 $ 2,028 $ 5,326 $ 2,862
Earnings (loss) per share of common stock:        
Basic (in dollars per share) $ 1.51 $ 0.99 $ 2.56 $ 1.39
Assuming dilution (in dollars per share) $ 1.50 $ 0.98 $ 2.54 $ 1.39
Florida Power & Light Company        
OPERATING REVENUES $ 4,896 $ 4,708 $ 9,167 $ 8,705
OPERATING EXPENSES        
Fuel, purchased power and interchange 1,079 946 2,071 1,881
Other operations and maintenance 424 442 803 822
Depreciation and amortization 1,029 1,080 1,694 1,488
Taxes other than income taxes and other – net 542 523 1,047 998
Total operating expenses – net 3,074 2,991 5,615 5,189
OPERATING INCOME 1,822 1,717 3,552 3,516
OTHER INCOME (DEDUCTIONS)        
Interest expense (349) (326) (687) (644)
Allowance for equity funds used during construction 58 40 108 77
Other – net 2 8 4 21
Total other income (deductions) – net (289) (278) (575) (546)
INCOME BEFORE INCOME TAXES 1,533 1,439 2,977 2,970
INCOME TAX BENEFIT 121 164 103 379
NET INCOME [1] $ 1,412 $ 1,275 $ 2,874 $ 2,591
[1] FPL's comprehensive income is the same as reported net income.