| Commission File Number | Exact name of registrants as specified in their charters, address of principal executive offices and registrants' telephone number | IRS Employer Identification Number | ||||||||||||
| Registrants | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | |||||||||||||||||
| NextEra Energy, Inc. | ||||||||||||||||||||
| Florida Power & Light Company | None | |||||||||||||||||||
| Exhibit Number | Description | NextEra Energy, Inc. | Florida Power & Light Company | |||||||||||||||||
| 99 | x | x | ||||||||||||||||||
| 101 | Interactive data files for this Form 8-K formatted in Inline XBRL | x | x | |||||||||||||||||
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) | x | x | |||||||||||||||||
| WILLIAM J. GOUGH | ||||||||
| William J. Gough Vice President, Controller and Chief Accounting Officer | ||||||||
AMIN A. MOHOMED | ||||||||
Amin A. Mohomed Vice President, FPL Accounting and Controller | ||||||||
NextEra Energy, Inc. Media Line: 561-694-4442 April 23, 2026 FOR IMMEDIATE RELEASE | ||||||||
| Preliminary | ||||||||||||||||||||||||||
| Three Months Ended March 31, 2026 | FPL | NEER | Corporate and Other(a) | NextEra Energy | ||||||||||||||||||||||
| Operating Revenues | $ | 4,271 | $ | 2,311 | $ | 119 | $ | 6,701 | ||||||||||||||||||
| Operating Expenses | ||||||||||||||||||||||||||
| Fuel, purchased power and interchange | 992 | 337 | — | 1,329 | ||||||||||||||||||||||
| Other operations and maintenance | 379 | 870 | 173 | 1,422 | ||||||||||||||||||||||
| Depreciation and amortization | 665 | 691 | 15 | 1,371 | ||||||||||||||||||||||
| Taxes other than income taxes and other – net | 506 | 120 | 2 | 628 | ||||||||||||||||||||||
| Total operating expenses – net | 2,542 | 2,018 | 190 | 4,750 | ||||||||||||||||||||||
| Gains (Losses) on Disposal of Businesses/Assets – Net | 1 | 263 | (7) | 257 | ||||||||||||||||||||||
| Operating Income (Loss) | 1,730 | 556 | (78) | 2,208 | ||||||||||||||||||||||
| Other Income (Deductions) | ||||||||||||||||||||||||||
| Interest expense | (338) | (501) | (448) | (1,287) | ||||||||||||||||||||||
| Equity in earnings (losses) of equity method investees | — | 170 | 1 | 171 | ||||||||||||||||||||||
| Allowance for equity funds used during construction | 50 | 2 | — | 52 | ||||||||||||||||||||||
| Gains (losses) on disposal of investments and other property – net | — | (1) | 1 | — | ||||||||||||||||||||||
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net | — | (60) | — | (60) | ||||||||||||||||||||||
| Other net periodic benefit income | — | — | 71 | 71 | ||||||||||||||||||||||
| Other – net | 2 | 12 | 30 | 44 | ||||||||||||||||||||||
| Total other income (deductions) – net | (286) | (378) | (345) | (1,009) | ||||||||||||||||||||||
| Income (Loss) before Income Taxes | 1,444 | 178 | (423) | 1,199 | ||||||||||||||||||||||
| Income Tax Expense (Benefit) | (18) | (347) | (124) | (489) | ||||||||||||||||||||||
| Net Income (Loss) | 1,462 | 525 | (299) | 1,688 | ||||||||||||||||||||||
| Net Loss Attributable to Noncontrolling Interests | — | 494 | — | 494 | ||||||||||||||||||||||
| Net Income (Loss) Attributable to NextEra Energy, Inc. | $ | 1,462 | $ | 1,019 | $ | (299) | $ | 2,182 | ||||||||||||||||||
| Reconciliations of Net Income (Loss) Attributable to NextEra Energy, Inc. to Adjusted Earnings (Loss): | ||||||||||||||||||||||||||
| Net Income (Loss) Attributable to NextEra Energy, Inc. | $ | 1,462 | $ | 1,019 | $ | (299) | $ | 2,182 | ||||||||||||||||||
Adjustments – Pretax:(b) | ||||||||||||||||||||||||||
| Net losses (gains) associated with non-qualifying hedges | — | (35) | 99 | 64 | ||||||||||||||||||||||
Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net | — | 60 | — | 60 | ||||||||||||||||||||||
| XPLR Infrastructure, LP investment gains – net | — | 9 | — | 9 | ||||||||||||||||||||||
Less related income tax benefit(c) | — | (15) | (25) | (40) | ||||||||||||||||||||||
| Adjusted Earnings (Loss) | $ | 1,462 | $ | 1,038 | $ | (225) | $ | 2,275 | ||||||||||||||||||
| Earnings (Loss) Per Share Attributable to NextEra Energy, Inc. (assuming dilution) | $ | 0.70 | $ | 0.49 | $ | (0.15) | $ | 1.04 | ||||||||||||||||||
Adjustments – Pretax:(b) | ||||||||||||||||||||||||||
| Net losses (gains) associated with non-qualifying hedges | — | (0.02) | 0.05 | 0.03 | ||||||||||||||||||||||
Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net | — | 0.03 | — | 0.03 | ||||||||||||||||||||||
| XPLR Infrastructure, LP investment gains – net | — | — | — | — | ||||||||||||||||||||||
Less related income tax benefit(c) | — | — | (0.01) | (0.01) | ||||||||||||||||||||||
| Adjusted Earnings (Loss) Per Share | $ | 0.70 | $ | 0.50 | $ | (0.11) | $ | 1.09 | ||||||||||||||||||
| Weighted-average shares outstanding (assuming dilution) | 2,092 | |||||||||||||||||||||||||
| ———————————— | |||||||||||||||||||||||||||||||||||||||||
| (a) | Corporate and Other represents other business activities and eliminating entries, and may include the net effect of rounding. Corporate and Other allocates a portion of corporate interest expense to NextEra Energy Resources. Interest expense is allocated based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual corporate interest expense is included in Corporate and Other. | ||||||||||||||||||||||||||||||||||||||||
| (b) | After tax impact is as follows: | NEER | Corporate and Other | NextEra Energy | |||||||||||||||||||||||||||||||||||||
| Adjusted Earnings | Adjusted EPS | Adjusted Earnings | Adjusted EPS | Adjusted Earnings | Adjusted EPS | ||||||||||||||||||||||||||||||||||||
| Net losses (gains) associated with non-qualifying hedges | $ | (30) | $ | (0.01) | $ | 74 | $ | 0.04 | $ | 44 | $ | 0.03 | |||||||||||||||||||||||||||||
| Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net | $ | 43 | $ | 0.02 | $ | — | $ | — | $ | 43 | $ | 0.02 | |||||||||||||||||||||||||||||
| XPLR Infrastructure, LP investment gains – net | $ | 6 | $ | — | $ | — | $ | — | $ | 6 | $ | — | |||||||||||||||||||||||||||||
| (c) | Includes the effects of rounding. | ||||||||||||||||||||||||||||||||||||||||
| Preliminary | ||||||||||||||||||||||||||
| Three Months Ended March 31, 2025 | FPL | NEER | Corporate and Other(a) | NextEra Energy | ||||||||||||||||||||||
| Operating Revenues | $ | 3,997 | $ | 2,163 | $ | 87 | $ | 6,247 | ||||||||||||||||||
| Operating Expenses | ||||||||||||||||||||||||||
| Fuel, purchased power and interchange | 936 | 229 | — | 1,165 | ||||||||||||||||||||||
| Other operations and maintenance | 379 | 659 | 135 | 1,173 | ||||||||||||||||||||||
| Depreciation and amortization | 408 | 671 | 16 | 1,095 | ||||||||||||||||||||||
| Taxes other than income taxes and other – net | 475 | 119 | — | 594 | ||||||||||||||||||||||
| Total operating expenses – net | 2,198 | 1,678 | 151 | 4,027 | ||||||||||||||||||||||
| Gains (Losses) on Disposal of Businesses/Assets – Net | — | 40 | (4) | 36 | ||||||||||||||||||||||
| Operating Income (Loss) | 1,799 | 525 | (68) | 2,256 | ||||||||||||||||||||||
| Other Income (Deductions) | ||||||||||||||||||||||||||
| Interest expense | (317) | (548) | (909) | (1,774) | ||||||||||||||||||||||
| Equity in earnings (losses) of equity method investees | — | (646) | — | (646) | ||||||||||||||||||||||
| Allowance for equity funds used during construction | 37 | 1 | — | 38 | ||||||||||||||||||||||
| Gains (losses) on disposal of investments and other property – net | — | (2) | — | (2) | ||||||||||||||||||||||
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net | — | (68) | — | (68) | ||||||||||||||||||||||
| Other net periodic benefit income | — | — | 67 | 67 | ||||||||||||||||||||||
| Other – net | 12 | 26 | 34 | 72 | ||||||||||||||||||||||
| Total other income (deductions) – net | (268) | (1,237) | (808) | (2,313) | ||||||||||||||||||||||
| Income (Loss) before Income Taxes | 1,531 | (712) | (876) | (57) | ||||||||||||||||||||||
| Income Tax Expense (Benefit) | 215 | (515) | (221) | (521) | ||||||||||||||||||||||
| Net Income (Loss) | 1,316 | (197) | (655) | 464 | ||||||||||||||||||||||
| Net Loss Attributable to Noncontrolling Interests | — | 369 | — | 369 | ||||||||||||||||||||||
| Net Income (Loss) Attributable to NextEra Energy, Inc. | $ | 1,316 | $ | 172 | $ | (655) | $ | 833 | ||||||||||||||||||
| Reconciliations of Net Income (Loss) Attributable to NextEra Energy, Inc. to Adjusted Earnings (Loss): | ||||||||||||||||||||||||||
| Net Income (Loss) Attributable to NextEra Energy, Inc. | $ | 1,316 | $ | 172 | $ | (655) | $ | 833 | ||||||||||||||||||
Adjustments – Pretax:(b) | ||||||||||||||||||||||||||
| Net losses (gains) associated with non-qualifying hedges | — | 62 | 626 | 688 | ||||||||||||||||||||||
Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net | — | 68 | — | 68 | ||||||||||||||||||||||
| XPLR Infrastructure, LP investment gains – net | — | 855 | — | 855 | ||||||||||||||||||||||
Less related income tax benefit(c) | — | (249) | (157) | (406) | ||||||||||||||||||||||
| Adjusted Earnings (Loss) | $ | 1,316 | $ | 908 | $ | (186) | $ | 2,038 | ||||||||||||||||||
| Earnings (Loss) Per Share Attributable to NextEra Energy, Inc. (assuming dilution) | $ | 0.64 | $ | 0.08 | $ | (0.32) | $ | 0.40 | ||||||||||||||||||
Adjustments – Pretax:(b) | ||||||||||||||||||||||||||
| Net losses (gains) associated with non-qualifying hedges | — | 0.03 | 0.30 | 0.33 | ||||||||||||||||||||||
Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net | — | 0.03 | — | 0.03 | ||||||||||||||||||||||
| XPLR Infrastructure, LP investment gains – net | — | 0.42 | — | 0.42 | ||||||||||||||||||||||
Less related income tax benefit(c) | — | (0.12) | (0.07) | (0.19) | ||||||||||||||||||||||
| Adjusted Earnings (Loss) Per Share | $ | 0.64 | $ | 0.44 | $ | (0.09) | $ | 0.99 | ||||||||||||||||||
| Weighted-average shares outstanding (assuming dilution) | 2,061 | |||||||||||||||||||||||||
| ———————————— | |||||||||||||||||||||||||||||||||||||||||
| (a) | Corporate and Other represents other business activities and eliminating entries, and may include the net effect of rounding. Corporate and Other allocates a portion of corporate interest expense to NextEra Energy Resources. Interest expense is allocated based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resource's subsidiaries. Residual corporate interest expense is included in Corporate and Other. | ||||||||||||||||||||||||||||||||||||||||
| (b) | After tax impact is as follows: | NEER | Corporate and Other | NextEra Energy | |||||||||||||||||||||||||||||||||||||
| Adjusted Earnings | Adjusted EPS | Adjusted Earnings | Adjusted EPS | Adjusted Earnings | Adjusted EPS | ||||||||||||||||||||||||||||||||||||
| Net losses (gains) associated with non-qualifying hedges | $ | 45 | $ | 0.03 | $ | 469 | $ | 0.23 | $ | 514 | $ | 0.26 | |||||||||||||||||||||||||||||
| Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net | $ | 49 | $ | 0.02 | $ | — | $ | — | $ | 49 | $ | 0.02 | |||||||||||||||||||||||||||||
| XPLR Infrastructure, LP investment gains – net | $ | 642 | $ | 0.31 | $ | — | $ | — | $ | 642 | $ | 0.31 | |||||||||||||||||||||||||||||
| (c) | Includes the effects of rounding. | ||||||||||||||||||||||||||||||||||||||||
| NextEra Energy, Inc. | ||||||||||||||||||||||||||
| Condensed Consolidated Balance Sheets | ||||||||||||||||||||||||||
| (millions) (unaudited) | ||||||||||||||||||||||||||
Preliminary | ||||||||||||||||||||||||||
| March 31, 2026 | FPL | NEER | Corporate and Other(a) | NextEra Energy | ||||||||||||||||||||||
| ASSETS | ||||||||||||||||||||||||||
| Current assets: | ||||||||||||||||||||||||||
| Cash and cash equivalents | $ | 70 | $ | 1,435 | $ | 493 | $ | 1,998 | ||||||||||||||||||
| Customer receivables, net of allowances | 1,534 | 2,596 | 1 | 4,131 | ||||||||||||||||||||||
| Other receivables | 335 | 1,050 | 791 | 2,176 | ||||||||||||||||||||||
| Materials, supplies and fuel inventory | 1,412 | 1,145 | 20 | 2,577 | ||||||||||||||||||||||
| Regulatory assets | 420 | 28 | — | 448 | ||||||||||||||||||||||
| Derivatives | 28 | 1,197 | 12 | 1,237 | ||||||||||||||||||||||
| Other | 240 | 856 | 195 | 1,291 | ||||||||||||||||||||||
| Total current assets | 4,039 | 8,307 | 1,512 | 13,858 | ||||||||||||||||||||||
| Other assets: | ||||||||||||||||||||||||||
| Property, plant and equipment – net | 84,118 | 78,086 | 157 | 162,361 | ||||||||||||||||||||||
| Special use funds | 7,488 | 3,219 | — | 10,707 | ||||||||||||||||||||||
| Investment in equity method investees | — | 5,969 | 20 | 5,989 | ||||||||||||||||||||||
| Prepaid benefit costs | 2,101 | 5 | 816 | 2,922 | ||||||||||||||||||||||
| Regulatory assets | 6,988 | 199 | 12 | 7,199 | ||||||||||||||||||||||
| Derivatives | 1 | 1,745 | 74 | 1,820 | ||||||||||||||||||||||
| Goodwill | 2,965 | 2,174 | 11 | 5,150 | ||||||||||||||||||||||
| Other | 945 | 9,192 | 1,281 | 11,418 | ||||||||||||||||||||||
| Total other assets | 104,606 | 100,589 | 2,371 | 207,566 | ||||||||||||||||||||||
| TOTAL ASSETS | $ | 108,645 | $ | 108,896 | $ | 3,883 | $ | 221,424 | ||||||||||||||||||
LIABILITIES AND EQUITY | ||||||||||||||||||||||||||
| Current liabilities: | ||||||||||||||||||||||||||
| Commercial paper | $ | 2,439 | $ | — | $ | 2,921 | $ | 5,360 | ||||||||||||||||||
| Other short-term debt | — | 608 | 650 | 1,258 | ||||||||||||||||||||||
| Current portion of long-term debt | 500 | 995 | 2,342 | 3,837 | ||||||||||||||||||||||
| Accounts payable | 1,050 | 4,663 | 30 | 5,743 | ||||||||||||||||||||||
| Customer deposits | 691 | 40 | — | 731 | ||||||||||||||||||||||
| Accrued interest and taxes | 806 | 332 | 255 | 1,393 | ||||||||||||||||||||||
| Derivatives | 49 | 900 | 227 | 1,176 | ||||||||||||||||||||||
| Accrued construction-related expenditures | 1,099 | 1,826 | 2 | 2,927 | ||||||||||||||||||||||
| Regulatory liabilities | 272 | 22 | — | 294 | ||||||||||||||||||||||
| Other | 530 | 1,468 | 856 | 2,854 | ||||||||||||||||||||||
| Total current liabilities | 7,436 | 10,854 | 7,283 | 25,573 | ||||||||||||||||||||||
| Other liabilities and deferred credits: | ||||||||||||||||||||||||||
| Long-term debt | 28,045 | 16,094 | 49,809 | 93,948 | ||||||||||||||||||||||
| Asset retirement obligations | 2,186 | 1,544 | — | 3,730 | ||||||||||||||||||||||
| Deferred income taxes | 10,368 | 4,695 | (1,957) | 13,106 | ||||||||||||||||||||||
| Regulatory liabilities | 11,928 | 165 | 2 | 12,095 | ||||||||||||||||||||||
| Derivatives | 1 | 1,545 | 288 | 1,834 | ||||||||||||||||||||||
| Other | 332 | 2,924 | 1,250 | 4,506 | ||||||||||||||||||||||
| Total other liabilities and deferred credits | 52,860 | 26,967 | 49,392 | 129,219 | ||||||||||||||||||||||
| TOTAL LIABILITIES | 60,296 | 37,821 | 56,675 | 154,792 | ||||||||||||||||||||||
| COMMITMENTS AND CONTINGENCIES | ||||||||||||||||||||||||||
| EQUITY | ||||||||||||||||||||||||||
| Common stock | 1,373 | — | (1,352) | 21 | ||||||||||||||||||||||
| Additional paid-in capital | 26,867 | 29,340 | (36,956) | 19,251 | ||||||||||||||||||||||
| Retained earnings | 20,109 | 30,408 | (14,533) | 35,984 | ||||||||||||||||||||||
| Accumulated other comprehensive income (loss) | — | (83) | 49 | (34) | ||||||||||||||||||||||
| Total common shareholders' equity | 48,349 | 59,665 | (52,792) | 55,222 | ||||||||||||||||||||||
| Noncontrolling interests | — | 11,410 | — | 11,410 | ||||||||||||||||||||||
| TOTAL EQUITY | 48,349 | 71,075 | (52,792) | 66,632 | ||||||||||||||||||||||
TOTAL LIABILITIES AND EQUITY | $ | 108,645 | $ | 108,896 | $ | 3,883 | $ | 221,424 | ||||||||||||||||||
| ———————————— | |||||
| (a) | Corporate and Other represents other business activities and eliminating entries, and may include the net effect of rounding. Corporate and Other allocates a portion of corporate interest expense to NextEra Energy Resources. Interest expense is allocated based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual corporate interest expense is included in Corporate and Other. | ||||
| NextEra Energy, Inc. | ||||||||||||||||||||||||||
| Condensed Consolidated Balance Sheets | ||||||||||||||||||||||||||
(millions) (unaudited) | ||||||||||||||||||||||||||
Preliminary | ||||||||||||||||||||||||||
| December 31, 2025 | FPL | NEER | Corporate and Other(a) | NextEra Energy | ||||||||||||||||||||||
| ASSETS | ||||||||||||||||||||||||||
| Current assets: | ||||||||||||||||||||||||||
| Cash and cash equivalents | $ | 42 | $ | 1,760 | $ | 1,010 | $ | 2,812 | ||||||||||||||||||
| Customer receivables, net of allowances | 1,667 | 2,337 | 14 | 4,018 | ||||||||||||||||||||||
| Other receivables | 413 | 979 | 341 | 1,733 | ||||||||||||||||||||||
| Materials, supplies and fuel inventory | 1,373 | 1,025 | 22 | 2,420 | ||||||||||||||||||||||
| Regulatory assets | 401 | 32 | — | 433 | ||||||||||||||||||||||
| Derivatives | 39 | 931 | 27 | 997 | ||||||||||||||||||||||
| Other | 216 | 782 | 173 | 1,171 | ||||||||||||||||||||||
| Total current assets | 4,151 | 7,846 | 1,587 | 13,584 | ||||||||||||||||||||||
| Other assets: | ||||||||||||||||||||||||||
| Property, plant and equipment – net | 81,755 | 74,287 | 155 | 156,197 | ||||||||||||||||||||||
| Special use funds | 7,684 | 3,270 | — | 10,954 | ||||||||||||||||||||||
| Investment in equity method investees | — | 5,509 | 19 | 5,528 | ||||||||||||||||||||||
| Prepaid benefit costs | 2,072 | 5 | 791 | 2,868 | ||||||||||||||||||||||
| Regulatory assets | 5,405 | 222 | 12 | 5,639 | ||||||||||||||||||||||
| Derivatives | 1 | 1,838 | 159 | 1,998 | ||||||||||||||||||||||
| Goodwill | 2,965 | 1,873 | 11 | 4,849 | ||||||||||||||||||||||
| Other | 1,125 | 8,678 | 1,301 | 11,104 | ||||||||||||||||||||||
| Total other assets | 101,007 | 95,682 | 2,448 | 199,137 | ||||||||||||||||||||||
| TOTAL ASSETS | $ | 105,158 | $ | 103,528 | $ | 4,035 | $ | 212,721 | ||||||||||||||||||
LIABILITIES AND EQUITY | ||||||||||||||||||||||||||
| Current liabilities: | ||||||||||||||||||||||||||
| Commercial paper | $ | 1,130 | $ | — | $ | 825 | $ | 1,955 | ||||||||||||||||||
| Other short-term debt | — | 608 | — | 608 | ||||||||||||||||||||||
| Current portion of long-term debt | 641 | 925 | 1,934 | 3,500 | ||||||||||||||||||||||
| Accounts payable | 1,084 | 6,498 | 1 | 7,583 | ||||||||||||||||||||||
| Customer deposits | 685 | 24 | — | 709 | ||||||||||||||||||||||
| Accrued interest and taxes | 470 | 341 | 374 | 1,185 | ||||||||||||||||||||||
| Derivatives | 15 | 802 | 296 | 1,113 | ||||||||||||||||||||||
| Accrued construction-related expenditures | 1,153 | 1,809 | 4 | 2,966 | ||||||||||||||||||||||
| Regulatory liabilities | 344 | 12 | — | 356 | ||||||||||||||||||||||
| Other | 672 | 1,552 | 618 | 2,842 | ||||||||||||||||||||||
| Total current liabilities | 6,194 | 12,571 | 4,052 | 22,817 | ||||||||||||||||||||||
| Other liabilities and deferred credits: | ||||||||||||||||||||||||||
| Long-term debt | 28,041 | 17,523 | 43,992 | 89,556 | ||||||||||||||||||||||
| Asset retirement obligations | 2,158 | 1,511 | — | 3,669 | ||||||||||||||||||||||
| Deferred income taxes | 10,156 | 4,155 | (1,952) | 12,359 | ||||||||||||||||||||||
| Regulatory liabilities | 11,280 | 193 | 1 | 11,474 | ||||||||||||||||||||||
| Derivatives | 1 | 1,949 | 198 | 2,148 | ||||||||||||||||||||||
| Other | 342 | 2,903 | 974 | 4,219 | ||||||||||||||||||||||
| Total other liabilities and deferred credits | 51,978 | 28,234 | 43,213 | 123,425 | ||||||||||||||||||||||
| TOTAL LIABILITIES | 58,172 | 40,805 | 47,265 | 146,242 | ||||||||||||||||||||||
| COMMITMENTS AND CONTINGENCIES | ||||||||||||||||||||||||||
| EQUITY | ||||||||||||||||||||||||||
| Common stock | 1,373 | — | (1,352) | 21 | ||||||||||||||||||||||
| Additional paid-in capital | 26,866 | 21,536 | (28,908) | 19,494 | ||||||||||||||||||||||
| Retained earnings | 18,747 | 29,389 | (13,034) | 35,102 | ||||||||||||||||||||||
| Accumulated other comprehensive income (loss) | — | (73) | 64 | (9) | ||||||||||||||||||||||
| Total common shareholders' equity | 46,986 | 50,852 | (43,230) | 54,608 | ||||||||||||||||||||||
| Noncontrolling interests | — | 11,871 | — | 11,871 | ||||||||||||||||||||||
| TOTAL EQUITY | 46,986 | 62,723 | (43,230) | 66,479 | ||||||||||||||||||||||
TOTAL LIABILITIES AND EQUITY | $ | 105,158 | $ | 103,528 | $ | 4,035 | $ | 212,721 | ||||||||||||||||||
| ———————————— | |||||
| (a) | Corporate and Other represents other business activities and eliminating entries, and may include the net effect of rounding. Corporate and Other allocates a portion of corporate interest expense to NextEra Energy Resources. Interest expense is allocated based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resource's subsidiaries. Residual corporate interest expense is included in Corporate and Other. | ||||
| Preliminary | ||||||||||||||||||||||||||
| Three Months Ended March 31, 2026 | FPL | NEER | Corporate and Other(a) | NextEra Energy | ||||||||||||||||||||||
| Cash Flows From Operating Activities | ||||||||||||||||||||||||||
| Net income (loss) | $ | 1,462 | $ | 525 | $ | (299) | $ | 1,688 | ||||||||||||||||||
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||||||||||||||||||||||||||
| Depreciation and amortization | 665 | 691 | 15 | 1,371 | ||||||||||||||||||||||
| Nuclear fuel and other amortization | 42 | 41 | 8 | 91 | ||||||||||||||||||||||
| Unrealized losses (gains) on marked to market derivative contracts – net | — | (103) | 119 | 16 | ||||||||||||||||||||||
| Foreign currency transaction losses (gains) | — | 1 | (139) | (138) | ||||||||||||||||||||||
| Deferred income taxes | (29) | 367 | 71 | 409 | ||||||||||||||||||||||
| Cost recovery clauses and franchise fees | (201) | — | — | (201) | ||||||||||||||||||||||
| Equity in losses (earnings) of equity method investees | — | (170) | (1) | (171) | ||||||||||||||||||||||
| Distributions of earnings from equity method investees | — | 100 | — | 100 | ||||||||||||||||||||||
| Losses (gains) on disposal of businesses, assets and investments – net | (1) | (262) | 6 | (257) | ||||||||||||||||||||||
| Recoverable storm-related costs | (16) | — | — | (16) | ||||||||||||||||||||||
| Other – net | 16 | 275 | 21 | 312 | ||||||||||||||||||||||
| Changes in operating assets and liabilities: | ||||||||||||||||||||||||||
| Current assets | 44 | (18) | (394) | (368) | ||||||||||||||||||||||
| Noncurrent assets | (44) | (36) | (34) | (114) | ||||||||||||||||||||||
| Current liabilities | 181 | (527) | 58 | (288) | ||||||||||||||||||||||
| Noncurrent liabilities | 1 | 12 | 167 | 180 | ||||||||||||||||||||||
Net cash provided by (used in) operating activities | 2,120 | 896 | (402) | 2,614 | ||||||||||||||||||||||
| Cash Flows From Investing Activities | ||||||||||||||||||||||||||
| Capital expenditures of FPL | (3,046) | — | — | (3,046) | ||||||||||||||||||||||
| Independent power and other investments of NEER | — | (7,868) | — | (7,868) | ||||||||||||||||||||||
| Nuclear fuel purchases | (116) | (28) | — | (144) | ||||||||||||||||||||||
| Other capital expenditures | — | — | (4) | (4) | ||||||||||||||||||||||
| Sale of independent power and other investments of NEER | — | 340 | — | 340 | ||||||||||||||||||||||
| Proceeds from sale or maturity of securities in special use funds and other investments | 914 | 399 | 193 | 1,506 | ||||||||||||||||||||||
| Purchases of securities in special use funds and other investments | (980) | (430) | (240) | (1,650) | ||||||||||||||||||||||
| Other – net | 74 | 41 | (70) | 45 | ||||||||||||||||||||||
| Net cash used in investing activities | (3,154) | (7,546) | (121) | (10,821) | ||||||||||||||||||||||
| Cash Flows From Financing Activities | ||||||||||||||||||||||||||
| Issuances of long-term debt, including premiums and discounts | — | 294 | 8,013 | 8,307 | ||||||||||||||||||||||
| Retirements of long-term debt | (142) | (1,358) | (1,600) | (3,100) | ||||||||||||||||||||||
| Net change in commercial paper | 1,309 | — | 2,096 | 3,405 | ||||||||||||||||||||||
| Proceeds from other short-term debt | — | — | 650 | 650 | ||||||||||||||||||||||
| Repayments of other short-term debt | — | — | — | — | ||||||||||||||||||||||
Cash repayments to related parties – net | — | (2) | — | (2) | ||||||||||||||||||||||
| Issuances of common stock/equity units | — | — | 23 | 23 | ||||||||||||||||||||||
| Dividends on common stock | — | — | (1,300) | (1,300) | ||||||||||||||||||||||
| Dividends & capital distributions from (to) parent – net | (100) | 7,838 | (7,738) | — | ||||||||||||||||||||||
| Other – net | (5) | (160) | (139) | (304) | ||||||||||||||||||||||
Net cash provided by financing activities | 1,062 | 6,612 | 5 | 7,679 | ||||||||||||||||||||||
| Effects of currency translation on cash, cash equivalents and restricted cash | — | (3) | — | (3) | ||||||||||||||||||||||
| Net increase (decrease) in cash, cash equivalents and restricted cash | 28 | (41) | (518) | (531) | ||||||||||||||||||||||
| Cash, cash equivalents and restricted cash at beginning of period | 88 | 1,901 | 1,017 | 3,006 | ||||||||||||||||||||||
| Cash, cash equivalents and restricted cash at end of period | $ | 116 | $ | 1,860 | $ | 499 | $ | 2,475 | ||||||||||||||||||
| ———————————— | |||||
| (a) | Corporate and Other represents other business activities and eliminating entries, and may include the net effect of rounding. Corporate and Other allocates a portion of corporate interest expense to NextEra Energy Resources. Interest expense is allocated based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual corporate interest expense is included in Corporate and Other. | ||||
| Preliminary | ||||||||||||||||||||||||||
| Three Months Ended March 31, 2025 | FPL | NEER | Corporate and Other(a) | NextEra Energy | ||||||||||||||||||||||
| Cash Flows From Operating Activities | ||||||||||||||||||||||||||
| Net income (loss) | $ | 1,316 | $ | (197) | $ | (655) | $ | 464 | ||||||||||||||||||
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||||||||||||||||||||||||||
| Depreciation and amortization | 408 | 671 | 16 | 1,095 | ||||||||||||||||||||||
| Nuclear fuel and other amortization | 35 | 37 | 9 | 81 | ||||||||||||||||||||||
| Unrealized losses (gains) on marked to market derivative contracts – net | — | 218 | 746 | 964 | ||||||||||||||||||||||
| Foreign currency transaction losses (gains) | — | — | 8 | 8 | ||||||||||||||||||||||
| Deferred income taxes | 135 | (303) | (232) | (400) | ||||||||||||||||||||||
| Cost recovery clauses and franchise fees | (133) | — | — | (133) | ||||||||||||||||||||||
| Equity in losses (earnings) of equity method investees | — | 646 | — | 646 | ||||||||||||||||||||||
| Distributions of earnings from equity method investees | — | 123 | — | 123 | ||||||||||||||||||||||
| Losses (gains) on disposal of businesses, assets and investments – net | — | (38) | 4 | (34) | ||||||||||||||||||||||
| Recoverable storm-related costs | (177) | — | — | (177) | ||||||||||||||||||||||
| Other – net | 4 | 79 | 39 | 122 | ||||||||||||||||||||||
| Changes in operating assets and liabilities: | ||||||||||||||||||||||||||
| Current assets | 23 | 47 | 152 | 222 | ||||||||||||||||||||||
| Noncurrent assets | (59) | 17 | (19) | (61) | ||||||||||||||||||||||
| Current liabilities | 363 | (416) | (206) | (259) | ||||||||||||||||||||||
| Noncurrent liabilities | (6) | 5 | 109 | 108 | ||||||||||||||||||||||
Net cash provided by (used in) operating activities | 1,909 | 889 | (29) | 2,769 | ||||||||||||||||||||||
| Cash Flows From Investing Activities | ||||||||||||||||||||||||||
| Capital expenditures of FPL | (2,341) | — | — | (2,341) | ||||||||||||||||||||||
| Independent power and other investments of NEER | — | (5,441) | — | (5,441) | ||||||||||||||||||||||
| Nuclear fuel purchases | (51) | (102) | — | (153) | ||||||||||||||||||||||
| Other capital expenditures | — | — | (7) | (7) | ||||||||||||||||||||||
| Sale of independent power and other investments of NEER | — | 238 | — | 238 | ||||||||||||||||||||||
| Proceeds from sale or maturity of securities in special use funds and other investments | 751 | 394 | 112 | 1,257 | ||||||||||||||||||||||
| Purchases of securities in special use funds and other investments | (792) | (331) | (169) | (1,292) | ||||||||||||||||||||||
| Other – net | 80 | 8 | (73) | 15 | ||||||||||||||||||||||
| Net cash used in investing activities | (2,353) | (5,234) | (137) | (7,724) | ||||||||||||||||||||||
| Cash Flows From Financing Activities | ||||||||||||||||||||||||||
| Issuances of long-term debt, including premiums and discounts | 1,996 | 350 | 7,494 | 9,840 | ||||||||||||||||||||||
| Retirements of long-term debt | (22) | (325) | (2,505) | (2,852) | ||||||||||||||||||||||
| Net change in commercial paper | (980) | — | 1,315 | 335 | ||||||||||||||||||||||
| Proceeds from other short-term debt | — | — | 850 | 850 | ||||||||||||||||||||||
| Repayments of other short-term debt | — | — | (850) | (850) | ||||||||||||||||||||||
Cash repayments to related parties – net | — | (45) | — | (45) | ||||||||||||||||||||||
| Issuances of common stock/equity units | — | — | 11 | 11 | ||||||||||||||||||||||
| Dividends on common stock | — | — | (1,166) | (1,166) | ||||||||||||||||||||||
| Dividends & capital distributions from (to) parent – net | (100) | 4,812 | (4,712) | — | ||||||||||||||||||||||
| Other – net | (31) | 97 | (86) | (20) | ||||||||||||||||||||||
Net cash provided by financing activities | 863 | 4,889 | 351 | 6,103 | ||||||||||||||||||||||
| Effects of currency translation on cash, cash equivalents and restricted cash | — | — | — | — | ||||||||||||||||||||||
| Net increase (decrease) in cash, cash equivalents and restricted cash | 419 | 544 | 185 | 1,148 | ||||||||||||||||||||||
| Cash, cash equivalents and restricted cash at beginning of period | 133 | 1,008 | 261 | 1,402 | ||||||||||||||||||||||
| Cash, cash equivalents and restricted cash at end of period | $ | 552 | $ | 1,552 | $ | 446 | $ | 2,550 | ||||||||||||||||||
| ———————————— | |||||
| (a) | Corporate and Other represents other business activities and eliminating entries, and may include the net effect of rounding. Corporate and Other allocates a portion of corporate interest expense to NextEra Energy Resources. Interest expense is allocated based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual corporate interest expense is included in Corporate and Other. | ||||
| Preliminary | ||||||||
| First Quarter | ||||||||
| 2025 Earnings Per Share Attributable to NextEra Energy, Inc. | $ | 0.40 | ||||||
FPL – 2025 Earnings Per Share | $ | 0.64 | ||||||
| New investment growth | 0.04 | |||||||
| Other and share dilution | 0.02 | |||||||
FPL – 2026 Earnings Per Share | $ | 0.70 | ||||||
NEER – 2025 Earnings Per Share Attributable to NextEra Energy, Inc. | $ | 0.08 | ||||||
| New investments | 0.04 | |||||||
| Existing clean energy | 0.01 | |||||||
| NextEra Energy Transmission | 0.05 | |||||||
| Customer supply | (0.04) | |||||||
| Non-qualifying hedges impact | 0.04 | |||||||
| XPLR Infrastructure, LP investment gains – net | 0.31 | |||||||
| Other, including financing costs, corporate general and administrative expenses, asset recycling, state taxes, other investment income and share dilution | — | |||||||
NEER – 2026 Earnings Per Share Attributable to NextEra Energy, Inc. | $ | 0.49 | ||||||
Corporate and Other – 2025 Loss Per Share | $ | (0.32) | ||||||
| Non-qualifying hedges impact | 0.19 | |||||||
| Other, including interest expense and share dilution | (0.02) | |||||||
Corporate and Other – 2026 Loss Per Share | $ | (0.15) | ||||||
2026 Earnings Per Share Attributable to NextEra Energy, Inc. | $ | 1.04 | ||||||
| Corporate and Other represents other business activities and eliminating entries, and may include the net effect of rounding. Corporate and Other allocates a portion of corporate interest expense to NextEra Energy Resources. Interest expense is allocated based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resource's subsidiaries. Residual corporate interest expense is included in Corporate and Other. | ||||||||