CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
OPERATING REVENUE	$ 3,843	$ 4,382	$ 10,881	$ 11,476
OPERATING EXPENSES
Fuel, purchased power and interchange	1,526	1,911	3,943	4,872
Other operations and maintenance	776	748	2,347	2,212
Impairment charges	0	0	0	51
Depreciation and amortization	467	496	1,121	1,236
Taxes other than income taxes and other	325	316	855	859
Total operating expenses	3,094	3,471	8,266	9,230
OPERATING INCOME	749	911	2,615	2,246
OTHER INCOME (DEDUCTIONS)
Interest expense	(259)	(265)	(795)	(775)
Loss on natural gas-fired generating assets held for sale	0	(148)	0	(148)
Equity in earnings (losses) of equity method investees	16	28	17	57
Allowance for equity funds used during construction	21	7	52	28
Interest income	20	21	62	58
Gains on disposal of assets - net	53	37	120	79
Other than temporary impairment losses on securities held in nuclear decommissioning funds	(4)	(30)	(11)	(34)
Other - net	(27)	4	(25)	18
Total other deductions - net	(180)	(346)	(580)	(717)
INCOME BEFORE INCOME TAXES	569	565	2,035	1,529
INCOME TAXES	154	158	553	273
NET INCOME	415	407	1,482	1,256
Earnings per share of common stock:
Basic (in dollars per share)	$ 0.99	$ 0.98	$ 3.57	$ 3.01
Assuming dilution (in dollars per share)	$ 0.98	$ 0.97	$ 3.55	$ 3.00
Dividends per share of common stock (in dollars per share)	$ 0.60	$ 0.55	$ 1.80	$ 1.65
Weighted-average number of common shares outstanding:
Basic (in shares)	419.3	417.4	415.6	416.7
Assuming dilution (in shares)	421.7	419.8	418.0	419.1
FPL [Member]
OPERATING REVENUE	2,975	3,152	7,778	8,200
OPERATING EXPENSES
Fuel, purchased power and interchange	1,280	1,479	3,301	3,854
Other operations and maintenance	427	429	1,305	1,237
Depreciation and amortization	254	299	496	653
Taxes other than income taxes and other	295	289	814	822
Total operating expenses	2,256	2,496	5,916	6,566
OPERATING INCOME	719	656	1,862	1,634
OTHER INCOME (DEDUCTIONS)
Interest expense	(104)	(101)	(314)	(287)
Allowance for equity funds used during construction	14	6	36	26
Other - net	0	1	0	(2)
Total other deductions - net	(90)	(94)	(278)	(263)
INCOME BEFORE INCOME TAXES	629	562	1,584	1,371
INCOME TAXES	237	215	600	519
NET INCOME	$ 392	$ 347	$ 984	$ 852

FLORIDA POWER & LIGHT CO 10-Q