v3.26.1
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