v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 5,579 $ 2,812
Customer receivables, net of allowances 4,841 4,018
Other receivables 1,500 1,733
Materials, supplies and fuel inventory 2,836 2,420
Regulatory assets 239 433
Derivatives 2,325 997
Other 1,266 1,171
Total current assets 18,586 13,584
Other assets:    
Property, plant and equipment – net 177,078 156,197
Special use funds 11,677 10,954
Investment in equity method investees 6,087 5,528
Prepaid benefit costs 2,957 2,868
Regulatory assets 7,232 5,639
Derivatives 3,879 1,998
Goodwill 5,152 4,849
Other 12,404 11,104
Total other assets 226,466 199,137
TOTAL ASSETS 245,052 212,721
Current liabilities:    
Commercial paper 3,716 1,955
Other short-term debt 4,258 608
Current portion of long-term debt 8,833 3,500
Accounts payable 7,536 7,583
Customer deposits 1,177 709
Accrued interest and taxes 2,150 1,185
Derivatives 1,067 1,113
Accrued construction-related expenditures 2,672 2,966
Regulatory liabilities 489 356
Other 3,240 2,842
Total current liabilities 35,138 22,817
Other liabilities and deferred credits:    
Long-term debt 97,125 89,556
Asset retirement obligations 3,939 3,669
Deferred income taxes 14,302 12,359
Regulatory liabilities 13,320 11,474
Derivatives 1,731 2,148
Other 5,155 4,219
Total other liabilities and deferred credits 135,572 123,425
TOTAL LIABILITIES 170,710 146,242
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS 1,477 0
EQUITY    
Common stock 21 21
Additional paid-in capital 20,293 19,494
Retained earnings 41,297 35,102
Accumulated other comprehensive loss (113) (9)
Total common shareholders' equity 61,498 54,608
Noncontrolling interests 11,367 11,871
TOTAL EQUITY 72,865 66,479
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY 245,052 212,721
Florida Power & Light Company    
Current assets:    
Cash and cash equivalents 819 42
Customer receivables, net of allowances 2,191 1,667
Other receivables 373 413
Materials, supplies and fuel inventory 1,450 1,373
Regulatory assets 217 401
Derivatives 9 39
Other 199 255
Total current assets 5,249 4,151
Other assets:    
Electric utility plant and other property – net 87,409 81,755
Special use funds 8,158 7,684
Prepaid benefit costs 2,134 2,072
Regulatory assets 7,048 5,405
Derivatives   1
Goodwill 2,965 2,965
Other 925 1,126
Total other assets 108,639 101,007
TOTAL ASSETS 113,888 105,158
Current liabilities:    
Commercial paper 0 1,130
Current portion of long-term debt 328 641
Accounts payable 1,254 1,084
Customer deposits 1,143 685
Accrued interest and taxes 1,385 470
Derivatives 15 15
Accrued construction-related expenditures 780 1,153
Regulatory liabilities 472 344
Other 565 687
Total current liabilities 5,927 6,194
Other liabilities and deferred credits:    
Long-term debt 30,192 28,041
Asset retirement obligations 2,235 2,158
Deferred income taxes 10,624 10,156
Regulatory liabilities 13,156 11,280
Derivatives 33 1
Other 374 343
Total other liabilities and deferred credits 56,581 51,978
TOTAL LIABILITIES 62,508 58,172
COMMITMENTS AND CONTINGENCIES
EQUITY    
Common stock 1,373 1,373
Additional paid-in capital 26,866 26,866
Retained earnings 23,141 18,747
TOTAL EQUITY 51,380 46,986
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY $ 113,888 $ 105,158