| Segment Reporting, Reconciliation of Profit (Loss) by Segment to Consolidated |
Net income attributable to NEE and significant expenses for NEE's reportable segments and the FPL reportable segment are shown below.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2026 | | Three Months Ended September 30, 2025 | | FPL | | NEER | | Total | | FPL | | NEER | | Total | | (millions) | | Operating revenues | $ | 5,421 | | | $ | 2,516 | | | $ | 7,937 | | | $ | 5,285 | | | $ | 2,566 | | | $ | 7,851 | | | Corporate and Other | | | | | 153 | | | | | | 115 | Total consolidated revenues | | | | | $ | 8,090 | | | | | | | $ | 7,966 | | | | | | | | | | | | | | | Less: | | | | | | | | | | | | | Fuel, purchased power and interchange | 1,277 | | 422 | | | | 1,124 | | 299 | | | | Other operations and maintenance | 437 | | 810 | | | | 432 | | 810 | | | | Depreciation and amortization | 875 | | 761 | | | | 1,385 | | 695 | | | | Taxes other than income taxes and other – net | 598 | (a) | 114 | | | | 547 | | 103 | | | | Interest expense | 348 | | (49) | | (b) | | | 320 | | 405 | (b) | | Income tax expense (benefit)(c) | 329 | | (248) | | | | 52 | | (205) | | | | | | | | | | | | | | | | | | | | | | | | | | | Other segment items(d) | 63 | | 785 | | | | 38 | | 816 | | | | Net income attributable to NEE for reportable segments | 1,620 | | 1,491 | | 3,111 | | 1,463 | | 1,275 | | 2,738 | | | | | | | | | | | | | | Reconciliation of segment profit/(loss) | | | | | | | | | | | | | Corporate and Other | | | | | 1,664 | | | | | | (300) | | Net income attributable to NEE | $ | 1,620 | | | $ | 1,491 | | | $ | 4,775 | | | $ | 1,463 | | | $ | 1,275 | | | $ | 2,438 | |
_________________________ (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 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
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2026 | | Nine Months Ended September 30, 2025 | | FPL | | NEER | | Total | | FPL | | NEER | | Total | | (millions) | | Operating revenues | $ | 14,588 | | | $ | 7,360 | | | $ | 21,948 | | | $ | 13,989 | | | $ | 6,643 | | | $ | 20,632 | | | Corporate and Other | | | | | 377 | | | | | | 280 | Total consolidated revenues | | | | | $ | 22,325 | | | | | | | $ | 20,912 | | | | | | | | | | | | | | | Less: | | | | | | | | | | | | | Fuel, purchased power and interchange | 3,349 | | 1,054 | | | | 3,006 | | 766 | | | | Other operations and maintenance | 1,240 | | 2,557 | | | | 1,254 | | 2,126 | | | | Depreciation and amortization | 2,568 | | 2,164 | | | | 2,873 | | 2,043 | | | | Taxes other than income taxes and other – net | 1,646 | (a) | 358 | | | | 1,544 | (a) | 328 | | | | Interest expense | 1,035 | | 785 | (b) | | | 964 | | 1,367 | (b) | | Income tax expense (benefit)(c) | 432 | | (848) | | | | 431 | | (1,073) | | | | | | | | | | | | | | | | | | | | | | | | | | | Other segment items(d) | 175 | | 2,853 | | | | 137 | | 1,344 | | | | Net income attributable to NEE for reportable segments | 4,493 | | 4,143 | | $ | 8,636 | | | 4,054 | | 2,430 | | $ | 6,484 | | | | | | | | | | | | | | | Reconciliation of segment profit/(loss) | | | | | | | | | | | | | Corporate and Other | | | | | 1,466 | | | | | | (1,184) | | Net income attributable to NEE | $ | 4,493 | | | $ | 4,143 | | | $ | 10,102 | | | $ | 4,054 | | | $ | 2,430 | | | $ | 5,300 | |
_________________________ (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 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
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| Segment information |
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 September 30, 2026 | | | | | | | | | | | | | | | | | | | | Equity in earnings of equity method investees | $ | — | | | $ | 293 | | | $ | 293 | | | $ | — | | | $ | 293 | | | Net loss attributable to noncontrolling interests | $ | — | | | $ | 408 | | | $ | 408 | | | $ | — | | | $ | 408 | | | | | | | | | | | | | Nine Months Ended September 30, 2026 | | | | | | | | | | Equity in earnings of equity method investees | $ | — | | | $ | 795 | | | $ | 795 | | | $ | 1 | | | $ | 796 | | Net loss attributable to noncontrolling interests | $ | — | | | $ | 1,425 | | | $ | 1,425 | | | $ | — | | | $ | 1,425 | | | Capital expenditures, independent power and other investments and nuclear fuel purchases | $ | 8,322 | | | $ | 19,223 | | | $ | 27,545 | | | $ | 9 | | | $ | 27,554 | | | | | | | | | | | | | September 30, 2026 | | | | | | | | | | | Property, plant and equipment – net | $ | 87,409 | | | $ | 89,527 | | | $ | 176,936 | | | $ | 142 | | | $ | 177,078 | | | Total assets | $ | 113,888 | | | $ | 123,040 | | | $ | 236,928 | | | $ | 8,124 | | | $ | 245,052 | | | Investment in equity method investees | $ | — | | | $ | 6,067 | | | $ | 6,067 | | | $ | 20 | | | $ | 6,087 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | FPL | | NEER | | Total Reportable Segments | | Corporate and Other | | Total Consolidated | | (millions) | | Three Months Ended September 30, 2025 | | | | | | | | | | | | | | | | | | | | Equity in earnings of equity method investees | $ | — | | | $ | 195 | | | $ | 195 | | | $ | 9 | | | $ | 204 | | Net loss attributable to noncontrolling interests | $ | — | | | $ | 303 | | | $ | 303 | | | $ | — | | | $ | 303 | | | | | | | | | | | | | Nine Months Ended September 30, 2025 | | | | | | | | | | | Equity in earnings (losses) of equity method investees | $ | — | | | $ | (275) | | | $ | (275) | | | $ | 9 | | | $ | (266) | | | Net loss attributable to noncontrolling interests | $ | — | | | $ | 1,061 | | | $ | 1,061 | | | $ | — | | | $ | 1,061 | | | Capital expenditures, independent power and other investments and nuclear fuel purchases | $ | 6,859 | | | $ | 12,464 | | | $ | 19,323 | | | $ | 5 | | | $ | 19,328 | | | | | | | | | | | | | 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 | |
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