← golden set
NEE
NEXTERA ENERGY INCTelecom & Utilitiesanswer key
| field | SEC value | XBRL concept | printed on |
|---|---|---|---|
| Total revenue | - | not reported | not in this filing's XBRL |
| Operating income | $8.3B | OperatingIncomeLoss | OPERATING INCOME |
| Net income attributable to the company | $6.8B | NetIncomeLoss | NET INCOME ATTRIBUTABLE TO NEE |
| Diluted EPS | $3.30 | EarningsPerShareDiluted | Assuming dilution |
| Cash and cash equivalents | $2.8B | CashAndCashEquivalentsAtCarryingValue | Cash and cash equivalents |
| Total assets | $212.7B | Assets | TOTAL ASSETS · TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY |
| Total liabilities | $146.2B | Liabilities | TOTAL LIABILITIES |
| Total shareholders' equity attributable to the company | $54.6B | StockholdersEquity | Total common shareholders' equity |
| Net cash from operating activities | $12.5B | NetCashProvidedByUsedInOperatingActivities | Net cash provided by operating activities |
| Net cash from investing activities | -$23.9B | NetCashProvidedByUsedInInvestingActivities | Net cash used in investing activities |
| Net cash from financing activities | $13.0B | NetCashProvidedByUsedInFinancingActivities | Net cash provided by financing activities |
Income statement
table #32 · score 41 vs 29 runner-up · in millions| Years Ended December 31, | |||
| 2025 | 2024 | 2023 | |
| OPERATING REVENUES | 27,412 | 24,753 | 28,114 |
| OPERATING EXPENSES | |||
| Fuel, purchased power and interchange | 4,944 | 5,029 | 5,457 |
| Other operations and maintenance | 5,399 | 4,857 | 4,681 |
| Depreciation and amortization | 6,580 | 5,462 | 5,879 |
| Taxes other than income taxes and other - net | 2,469 | 2,278 | 2,265 |
| Total operating expenses - net | 19,392 | 17,626 | 18,282 |
| GAINS ON DISPOSAL OF BUSINESSES/ASSETS - NET | 260 | 352 | 405 |
| OPERATING INCOME | 8,280 | 7,479 | 10,237 |
| OTHER INCOME (DEDUCTIONS) | |||
| Interest expense | (4,572) | (2,235) | (3,324) |
| Equity in losses of equity method investees | (184) | (246) | (648) |
| Allowance for equity funds used during construction | 181 | 198 | 161 |
| Gains on disposal of investments and other property - net | 179 | 163 | 125 |
| Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds - net | 107 | 107 | 159 |
| Other net periodic benefit income | 267 | 235 | 245 |
| Other - net | 272 | 336 | 333 |
| Total other income (deductions) - net | (3,750) | (1,442) | (2,949) |
| INCOME BEFORE INCOME TAXES | 4,530 | 6,037 | 7,288 |
| INCOME TAX EXPENSE (BENEFIT) | (802) | 339 | 1,006 |
| NET INCOME | 5,332 | 5,698 | 6,282 |
| NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS | 1,503 | 1,248 | 1,028 |
| NET INCOME ATTRIBUTABLE TO NEE | 6,835 | 6,946 | 7,310 |
| Earnings per share attributable to NEE: | |||
| Basic | 3.31 | 3.38 | 3.61 |
| Assuming dilution | 3.30 | 3.37 | 3.60 |
Balance sheet
table #34 · score 55 vs 54.3 runner-up · in millions| December 31, | ||
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | 2,812 | 1,487 |
| Customer receivables, net of allowances of $82 and $56, respectively | 4,018 | 3,336 |
| Other receivables | 1,733 | 1,180 |
| Materials, supplies and fuel inventory | 2,420 | 2,214 |
| Regulatory assets | 433 | 1,417 |
| Derivatives | 997 | 879 |
| Other | 1,171 | 1,438 |
| Total current assets | 13,584 | 11,951 |
| Other assets: | ||
| Property, plant and equipment - net ($28,988 and $25,632 related to VIEs, respectively) | 156,197 | 138,852 |
| Special use funds | 10,954 | 9,800 |
| Investment in equity method investees | 5,528 | 6,118 |
| Prepaid benefit costs | 2,868 | 2,496 |
| Regulatory assets | 5,639 | 4,828 |
| Derivatives | 1,998 | 1,774 |
| Goodwill | 4,849 | 4,866 |
| Other | 11,104 | 9,459 |
| Total other assets | 199,137 | 178,193 |
| TOTAL ASSETS | 212,721 | 190,144 |
| LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY | ||
| Current liabilities: | ||
| Commercial paper | 1,955 | 1,670 |
| Other short-term debt | 608 | 217 |
| Current portion of long-term debt ($9 and $25 related to VIEs, respectively) | 3,500 | 8,061 |
| Accounts payable ($502 and $631 related to VIEs, respectively) | 7,583 | 6,982 |
| Customer deposits | 709 | 694 |
| Accrued interest and taxes | 1,185 | 1,016 |
| Derivatives | 1,113 | 1,073 |
| Accrued construction-related expenditures | 2,966 | 2,346 |
| Regulatory liabilities | 356 | 279 |
| Other | 2,842 | 3,017 |
| Total current liabilities | 22,817 | 25,355 |
| Other liabilities and deferred credits: | ||
| Long-term debt ($190 and $436 related to VIEs, respectively) | 89,556 | 72,385 |
| Asset retirement obligations | 3,669 | 3,671 |
| Deferred income taxes | 12,359 | 11,749 |
| Regulatory liabilities | 11,474 | 10,635 |
| Derivatives | 2,148 | 2,008 |
| Other | 4,219 | 3,480 |
| Total other liabilities and deferred credits | 123,425 | 103,928 |
| TOTAL LIABILITIES | 146,242 | 129,283 |
| COMMITMENTS AND CONTINGENCIES | ||
| REDEEMABLE NONCONTROLLING INTERESTS - VIEs | - | 401 |
| EQUITY | ||
| Common stock ($0.01 par value, authorized shares - 3,200; outstanding shares - 2,083 and 2,057, respectively) | 21 | 21 |
| Additional paid-in capital | 19,494 | 17,260 |
| Retained earnings | 35,102 | 32,946 |
| Accumulated other comprehensive loss | (9) | (126) |
| Total common shareholders' equity | 54,608 | 50,101 |
| Noncontrolling interests ($11,711 and $10,206 related to VIEs, respectively) | 11,871 | 10,359 |
| TOTAL EQUITY | 66,479 | 60,460 |
| TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY | 212,721 | 190,144 |
Cash flow statement
table #35 · score 55 vs 54 runner-up · in millions| Years Ended December 31, | |||
| 2025 | 2024 | 2023 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | |||
| Net income | 5,332 | 5,698 | 6,282 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 6,580 | 5,462 | 5,879 |
| Nuclear fuel and other amortization | 361 | 299 | 272 |
| Unrealized losses (gains) on marked to market derivative contracts - net | 199 | (492) | (1,949) |
| Unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds - net | (107) | (107) | (159) |
| Foreign currency transaction losses (gains) | 110 | (85) | 92 |
| Deferred income taxes | 453 | 1,308 | 708 |
| Cost recovery clauses and franchise fees | (89) | 1,016 | 1,104 |
| Equity in losses of equity method investees | 184 | 246 | 648 |
| Distributions of earnings from equity method investees | 446 | 811 | 712 |
| Gains on disposal of businesses, assets and investments - net | (439) | (515) | (530) |
| Recoverable storm-related costs | (460) | (676) | (399) |
| Other - net | 288 | 135 | 34 |
| Changes in operating assets and liabilities: | |||
| Current assets | (920) | (382) | 58 |
| Noncurrent assets | (440) | (473) | (408) |
| Current liabilities | 487 | 767 | (1,109) |
| Noncurrent liabilities | 500 | 248 | 66 |
| Net cash provided by operating activities | 12,485 | 13,260 | 11,301 |
| CASH FLOWS FROM INVESTING ACTIVITIES | |||
| Capital expenditures of FPL | (8,719) | (7,992) | (9,302) |
| Independent power and other investments of NEER | (15,332) | (16,215) | (15,565) |
| Nuclear fuel purchases | (553) | (399) | (185) |
| Other capital expenditures | (2) | (123) | (61) |
| Proceeds from the sale of Florida City Gas business | - | - | 924 |
| Sale of independent power and other investments of NEER | 1,115 | 2,659 | 1,883 |
| Proceeds from sale or maturity of securities in special use funds and other investments | 5,401 | 5,445 | 4,875 |
| Purchases of securities in special use funds and other investments | (5,893) | (5,623) | (5,926) |
| Other - net | 118 | (16) | (110) |
| Net cash used in investing activities | (23,865) | (22,264) | (23,467) |
| CASH FLOWS FROM FINANCING ACTIVITIES | |||
| Issuances of long-term debt, including premiums and discounts | 23,394 | 24,769 | 13,857 |
| Retirements of long-term debt | (10,347) | (10,113) | (7,978) |
| Proceeds from differential membership investors | 3,276 | 2,257 | 2,745 |
| Payments to differential membership investors | (516) | (740) | (75) |
| Net change in commercial paper | 285 | (2,980) | 2,941 |
| Proceeds from other short-term debt | 2,558 | 6,575 | 1,980 |
| Repayments of other short-term debt | (2,167) | (6,613) | (2,613) |
| Cash swept from (repayments to) related parties - net | (131) | (1,371) | 1,213 |
| Issuances of common stock/equity units | 2,038 | 48 | 4,514 |
| Dividends on common stock | (4,680) | (4,235) | (3,782) |
| Other - net | (731) | (597) | (653) |
| Net cash provided by financing activities | 12,979 | 7,000 | 12,149 |
| Effects of currency translation on cash, cash equivalents and restricted cash | 5 | (14) | (4) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 1,604 | (2,018) | (21) |
| Cash, cash equivalents and restricted cash at beginning of year | 1,402 | 3,420 | 3,441 |
| Cash, cash equivalents and restricted cash at end of year | 3,006 | 1,402 | 3,420 |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION | |||
| Cash paid for interest (net of amount capitalized) | 3,501 | 2,737 | 2,463 |
| Cash paid (received) for income taxes - net | (1,275) | (760) | 321 |
| SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES | |||
| Accrued property additions | 7,645 | 6,835 | 7,104 |
| Right-of-use asset in exchange for finance lease liability | 344 | 533 | 124 |