v3.26.1
Segment Information
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The tables below present information for NEE's two reportable segments, FPL, a rate-regulated utility business, and NEER, which is comprised of competitive energy and rate-regulated transmission businesses. Corporate and Other represents other business activities, includes eliminating entries, and may include the net effect of rounding. FPL has a single reportable segment. See Note 1 for information regarding NEE's and FPL's operating revenues.
Net income attributable to NEE and significant expenses for NEE's reportable segments and the FPL reportable segment are shown below.

Three Months Ended June 30, 2026Three Months Ended June 30, 2025
FPLNEERTotalFPLNEERTotal
(millions)
Operating revenues$4,896 $2,532 $7,428 $4,708 $1,914 $6,622 
Corporate and Other10678
Total consolidated revenues
$7,534 $6,700 
Less:
Fuel, purchased power and interchange1,079295946238
Other operations and maintenance424877442656
Depreciation and amortization1,0297121,080677
Taxes other than income taxes and other – net543
(a)
124523106
Interest expense349333
(b)
326413
(b)
Income tax expense (benefit)(c)
121(253)164(352)
Other segment items(d)
611,19048807
Net income attributable to NEE for reportable segments1,4121,6343,0461,2759832,258
Reconciliation of segment profit/(loss)
Corporate and Other98(230)
Net income attributable to NEE$1,412 $1,634 $3,144 $1,275 $983 $2,028 
_________________________
(a)FPL's income statement line for taxes other than income taxes and other – net includes gains on disposal of businesses/assets – net.
(b)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.
(c)Includes amounts that were recognized based on the tax sharing agreement with NEE. See Note 4.
(d)Other segment items for each reportable segment include:
FPL – Allowance for equity funds used during construction and other – net
NEER – Gains (losses) on disposal of businesses/assets – net, equity in earnings (losses) of equity method investees, allowance for equity funds used during construction, gains 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


Six Months Ended June 30, 2026Six Months Ended June 30, 2025
FPLNEERTotalFPLNEERTotal
(millions)
Operating revenues$9,167 $4,844 $14,011 $8,705 $4,076 $12,781 
Corporate and Other224166
Total consolidated revenues
$14,235 $12,947 
Less:
Fuel, purchased power and interchange2,0716321,881467
Other operations and maintenance8031,7478221,315
Depreciation and amortization1,6941,4031,4881,349
Taxes other than income taxes and other – net1,048
(a)
244999
(a)
223
Interest expense687834
(b)
644961
(b)
Income tax expense (benefit)(c)
103(600)379(868)
Other segment items(d)
1132,06999526
Net income attributable to NEE for reportable segments2,8742,653$5,527 2,5911,155$3,746 
Reconciliation of segment profit/(loss)
Corporate and Other(201)(884)
Net income attributable to NEE$2,874 $2,653 $5,326 $2,591 $1,155 $2,862 
_________________________
(a)FPL's income statement line for taxes other than income taxes and other – net includes gains on disposal of businesses/assets – net.
(b)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.
(c)Includes amounts that were recognized based on the tax sharing agreement with NEE. See Note 4.
(d)Other segment items for each reportable segment include:
FPL – Allowance for equity funds used during construction and other – net
NEER – Gains (losses) on disposal of businesses/assets – net, equity in earnings (losses) of equity method investees, allowance for equity funds used during construction, gains 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
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 June 30, 2026
Equity in earnings of equity method investees
$ $333 $333 $ $333 
Net loss attributable to noncontrolling interests$ $522 $522 $ $522 
Six Months Ended June 30, 2026
Equity in earnings of equity method investees
$ $503 $503 $1 $504 
Net loss attributable to noncontrolling interests
$ $1,017 $1,017 $ $1,017 
Capital expenditures, independent power and other investments and nuclear fuel purchases$5,932 $13,449 $19,381 $8 $19,389 
June 30, 2026
Property, plant and equipment – net$85,930 $84,365 $170,295 $157 $170,452 
Total assets$111,662 $116,698 $228,360 $4,447 $232,807 
Investment in equity method investees$ $5,951 $5,951 $20 $5,971 

FPL
NEER
Total Reportable Segments
Corporate and Other
Total
Consolidated
(millions)
Three Months Ended June 30, 2025
Equity in earnings of equity method investees
$— $177 $177 $— $177 
Net loss attributable to noncontrolling interests
$— $389 $389 $— $389 
Six Months Ended June 30, 2025
Equity in losses of equity method investees
$— $(469)$(469)$— $(469)
Net loss attributable to noncontrolling interests$— $758 $758 $— $758 
Capital expenditures, independent power and other investments and nuclear fuel purchases$4,383 $9,237 $13,620 $$13,626 
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