v3.26.3
Summary of Significant Accounting and Reporting Policies (Tables)
9 Months Ended
Sep. 30, 2026
Accounting Policies [Abstract]  
Property, Plant, and Equipment
Property, Plant and Equipment – Property, plant and equipment consists of the following:

September 30, 2026December 31, 2025
(millions)
Property, plant and equipment, gross$19,006 $18,878 
Accumulated depreciation(3,916)(3,512)
Property, plant and equipment – net$15,090 $15,366 
Segment Reporting
XPLR's additional segment information is as follows:
Nine Months Ended September 30,
2026
2025
(millions)
Capital expenditures and other investments$510 $684 

September 30, 2026December 31, 2025
(millions)
Property, plant and equipment – net$15,090 $15,366 
Total assets$18,846 $19,595 
Investments in equity method investees$661 $625 
Noncontrolling Interests  
Noncontrolling Interest [Line Items]  
Schedule of Noncontrolling Interest
Details of the activity in noncontrolling interests are below:


 Class B Noncontrolling
Membership Interests
Differential Membership
Interests
NEE's Indirect Noncontrolling
Ownership Interests(a)
Other Noncontrolling
Ownership Interests(b)
Total Noncontrolling
Interests
Three Months Ended September 30, 2026(millions)
Balances, June 30, 2026$3,308 $2,478 $571 $1,016 $7,373 
Net income (loss) attributable to noncontrolling interests52 (119)87 22 42 
Related party contributions— — 34 — 34 
Distributions, primarily to related parties— — (31)(18)(49)
Differential membership investment contributions, net of distributions
— 65 — — 65 
Buyout of differential membership investors— (27)(6)— (33)
Payments to Class B noncontrolling interest investors
(34)— — — (34)
Balances, September 30, 2026$3,326 $2,397 $655 $1,020 $7,398 
Nine Months Ended September 30, 2026
Balances, December 31, 2025$3,384 $2,835 $502 $988 $7,709 
Net income (loss) attributable to noncontrolling interests159 (431)142 66 (64)
Other comprehensive income— — 1 — 1 
Related party contributions
— — 89 — 89 
Distributions, primarily to related parties— — (51)(34)(85)
Differential membership investment contributions, net of distributions
— 119 — — 119 
Buyout of differential membership investors— (126)(28)— (154)
Payments to Class B noncontrolling interest investors
(67)— — — (67)
Buyout of Class B noncontrolling interest investors(149)— — — (149)
Other – net
(1)— — — (1)
Balances, September 30, 2026$3,326 $2,397 $655 $1,020 $7,398 
————————————
(a)Primarily reflects NEE Equity's noncontrolling interest in XPLR OpCo and NEER's noncontrolling interests in Silver State, Sunlight Renewables Holdings and Emerald Breeze.
(b)Reflects a third-party's noncontrolling ownership interest in Star Moon Holdings.
 Class B Noncontrolling
Membership Interests
Differential Membership
Interests
NEE's Indirect Noncontrolling
Ownership Interests(a)
Other Noncontrolling
Ownership Interests
Total Noncontrolling
Interests
Three Months Ended September 30, 2025(millions)
Balances, June 30, 2025$3,541 $3,086 $470 $980 $8,077 
Net income (loss) attributable to noncontrolling interests58 (136)35 16 (27)
Distributions, primarily to related parties— — (30)(14)(44)
Differential membership investment contributions, net of distributions— 92 — — 92 
Buyout of differential membership investors— (24)(1)— (25)
Payments to Class B noncontrolling interest investors(33)— — — (33)
Buyout of Class B noncontrolling interest investors(221)— 1 — (220)
Balances, September 30, 2025$3,345 $3,018 $475 $982 $7,820 
Nine Months Ended September 30, 2025
Balances, December 31, 2024$4,376 $3,457 $549 $1,269 $9,651 
Net income (loss) attributable to noncontrolling interests193 (524)(31)63 (299)
Related party contributions— — 5 — 5 
Distributions, primarily to related parties— — (43)(43)(86)
Changes in non-economic ownership interests
— — — (309)(309)
Differential membership investment contributions, net of distributions
— 150 — — 150 
Buyout of differential membership investors— (65)(5)— (70)
Payments to Class B noncontrolling interest investors(71)— — — (71)
Buyout of Class B noncontrolling interest investors(1,152)— 1 — (1,151)
Other – net
(1)— (1)2 — 
Balances, September 30, 2025$3,345 $3,018 $475 $982 $7,820 
————————————
(a)Primarily reflects NEE Equity's noncontrolling interest in XPLR OpCo and NEER's noncontrolling interests in Silver State, Sunlight Renewables Holdings and Emerald Breeze.