A Dark Vector Cognition product

Item 6. Selected Financial Data

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Item 6. Selected Financial Data

Years Ended December 31,
20192018201720162015
(millions, except per share amounts)
SELECTED DATA OF NEE(a):
Operating revenues$19,204$16,727$17,173$16,138$17,486
Net income(b)$3,388$5,776$5,323$2,999$2,762
Net income attributable to NEE(b)(c)$3,769$6,638$5,380$2,906$2,752
Earnings per share attributable to NEE - basic(b)(c)$7.82$14.03$11.48$6.27$6.11
Earnings per share attributable to NEE - assuming dilution(b)(c)$7.76$13.88$11.39$6.24$6.06
Dividends paid per share of common stock$5.00$4.44$3.93$3.48$3.08
Total assets(d)$117,691$103,702$97,963$90,474$82,479
Long-term debt, excluding current portion$37,543$26,782$31,410$27,765$26,681
Capital expenditures, independent power and other investments and nuclear fuel purchases:
FPL$5,755$5,135$5,291$3,934$3,633
Gulf Power729————
NEER(e)6,5057,1895,4155,6074,691
Corporate and Other(e)4,473680349553
Total$17,462$13,004$10,740$9,636$8,377

(a)See Note 8 for a discussion of 2019 acquisitions and Note 1 - NextEra Energy Partners, LP for a discussion of the deconsolidation of NEP in January 2018.
(b)2018 includes an after-tax gain of approximately $3.0 billion related to the deconsolidation of NEP (see Note 1 - NextEra Energy Partners, LP). 2017 includes approximately $1.8 billion ($1.9 billion attributable to NEE) of net favorable tax reform impacts (see Note 6). 2017 and 2016 include after-tax gains on the sale of the fiber-optic telecommunications business of $685 million (see Note 1 - Disposal of Businesses/Assets) and natural gas generation facilities of $219 million. Also, on an after-tax basis, 2017 includes an impairment charge of $258 million related to Duane Arnold (see Note 5 - Nonrecurring Fair Value Measurements).
(c)2018 reflects approximately $497 million relating to a reduction of differential membership interests as a result of a change in the federal corporate income tax rate effective January 1, 2018 (see Note 1 - Sales of Differential Membership Interests).
(d)Includes assets held for sale of approximately $440 million in 2019 related to two solar generation facilities and $452 million in 2016 related to a fiber-optic telecommunications business (see Note 1 - Disposal of Businesses/Assets) and $1,009 million in 2015 related to merchant natural gas generation facilities.
(e)Prior year amounts have been adjusted as discussed in Note 16.

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