$NEP
NEXTERA ENERGY PARTNERS, LP Stock $nep

$nep Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-Q Financial Statement

#000160314524000010 Filed on April 23, 2024

Income Statement

Concept	2024 Q1
Revenue	$257.0M
YoY Change	-14.62%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$142.0M
YoY Change	-14.46%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$157.0M
YoY Change	3.29%
% of Gross Profit
Operating Expenses	$278.0M
YoY Change	-6.71%
Operating Profit	-$21.00M
YoY Change	-800.0%
Interest Expense	$21.00M
YoY Change	-110.0%
% of Operating Profit
Other Income/Expense, Net	$22.00M
YoY Change	-111.7%
Pretax Income	$22.00M
YoY Change	-111.89%
Income Tax	-$13.00M
% Of Pretax Income	-59.09%
Net Earnings	$70.00M
YoY Change	-600.0%
Net Earnings / Revenue	27.24%
Basic Earnings Per Share	$0.75
Diluted Earnings Per Share	$0.75
COMMON SHARES
Basic Shares Outstanding	93.43M shares
Diluted Shares Outstanding	93.50M shares

Balance Sheet

Concept	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$245.0M
YoY Change	2.94%
Cash & Equivalents	$245.0M
Short-Term Investments
Other Short-Term Assets	$141.0M
YoY Change	85.53%
Inventory	$88.00M
Prepaid Expenses
Receivables	$133.0M
Other Receivables	$1.576B
Total Short-Term Assets	$2.183B
YoY Change	59.93%
LONG-TERM ASSETS
Property, Plant & Equipment	$14.73B
YoY Change	-2.93%
Goodwill	$833.0M
YoY Change	-6.51%
Intangibles
YoY Change
Long-Term Investments	$1.840B
YoY Change	-4.51%
Other Assets	$803.0M
YoY Change	130.09%
Total Long-Term Assets	$20.15B
YoY Change	-5.3%
TOTAL ASSETS
Total Short-Term Assets	$2.183B
Total Long-Term Assets	$20.15B
Total Assets	$22.34B
YoY Change	-1.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$72.00M
YoY Change	-90.7%
Accrued Expenses	$67.00M
YoY Change	67.5%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00
YoY Change
Long-Term Debt Due	$1.349B
YoY Change	2598.0%
Total Short-Term Liabilities	$1.604B
YoY Change	63.17%
LONG-TERM LIABILITIES
Long-Term Debt	$4.942B
YoY Change	-6.67%
Other Long-Term Liabilities	$1.812B
YoY Change	834.02%
Total Long-Term Liabilities	$6.754B
YoY Change	-4.67%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.604B
Total Long-Term Liabilities	$6.754B
Total Liabilities	$18.78B
YoY Change	132.76%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.557B
YoY Change
Total Liabilities & Shareholders Equity	$22.34B
YoY Change	-1.37%

Cashflow Statement

Concept	2024 Q1
OPERATING ACTIVITIES
Net Income	$70.00M
YoY Change	-600.0%
Depreciation, Depletion And Amortization	$157.0M
YoY Change	3.29%
Cash From Operating Activities	$78.00M
YoY Change	-4.88%
INVESTING ACTIVITIES
Capital Expenditures	$64.00M
YoY Change	-84.04%
Acquisitions
YoY Change
Other Investing Activities	$106.0M
YoY Change	-82.33%
Cash From Investing Activities	$42.00M
YoY Change	-78.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-113.0M
YoY Change	-59.06%
NET CHANGE
Cash From Operating Activities	78.00M
Cash From Investing Activities	42.00M
Cash From Financing Activities	-113.0M
Net Change In Cash	7.000M
YoY Change	40.0%
FREE CASH FLOW
Cash From Operating Activities	$78.00M
Capital Expenditures	$64.00M
Free Cash Flow	$14.00M
YoY Change	-104.39%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Utilities Operating Expense Maintenance And Operations UtilitiesOperatingExpenseMaintenanceAndOperations	123000000	usd
CY2023Q1	us-gaap	Utilities Operating Expense Maintenance And Operations UtilitiesOperatingExpenseMaintenanceAndOperations	146000000	usd
CY2024Q1	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	136000000	usd
CY2023Q1	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	123000000	usd
CY2024Q1	us-gaap	Utilities Operating Expense Taxes UtilitiesOperatingExpenseTaxes	19000000	usd
CY2023Q1	us-gaap	Utilities Operating Expense Taxes UtilitiesOperatingExpenseTaxes	11000000	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	278000000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	280000000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-21000000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-35000000	usd
CY2024Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-13000000	usd
CY2023Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-206000000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	30000000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	28000000	usd
CY2024Q1	nep	Income Loss From Non Economic Ownership Interests IncomeLossFromNonEconomicOwnershipInterests	4000000	usd
CY2023Q1	nep	Income Loss From Non Economic Ownership Interests IncomeLossFromNonEconomicOwnershipInterests	-8000000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	22000000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	3000000	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	43000000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-183000000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	22000000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-218000000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-13000000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-36000000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	35000000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-182000000	usd
CY2024Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	0	usd
CY2023Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	31000000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	35000000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-151000000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-35000000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-137000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	70000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-14000000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.75
CY2024Q1	nep	Earnings Per Share Assuming Dilution Continuing Operations EarningsPerShareAssumingDilutionContinuingOperations	0.75
CY2023Q1	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.23
CY2023Q1	nep	Earnings Per Share Assuming Dilution Continuing Operations EarningsPerShareAssumingDilutionContinuingOperations	-0.23
CY2024Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0
CY2024Q1	nep	Earnings Per Share Assuming Dilution Discontinued Operations EarningsPerShareAssumingDilutionDiscontinuedOperations	0
CY2023Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.06
CY2023Q1	nep	Earnings Per Share Assuming Dilution Discontinued Operations EarningsPerShareAssumingDilutionDiscontinuedOperations	0.06
CY2024Q1	nep	Earnings Per Share Assuming Dilution EarningsPerShareAssumingDilution	0.75
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.75
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.17
CY2023Q1	nep	Earnings Per Share Assuming Dilution EarningsPerShareAssumingDilution	-0.17
CY2024Q1	nep	Utilities Operating Expense Maintenanceand Operations Related Party UtilitiesOperatingExpenseMaintenanceandOperationsRelatedParty	15000000	usd
CY2023Q1	nep	Utilities Operating Expense Maintenanceand Operations Related Party UtilitiesOperatingExpenseMaintenanceandOperationsRelatedParty	61000000	usd
CY2024Q1	us-gaap	Oci Equity Method Investment After Tax OciEquityMethodInvestmentAfterTax	1000000	usd
CY2023Q1	us-gaap	Oci Equity Method Investment After Tax OciEquityMethodInvestmentAfterTax	1000000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	245000000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	274000000	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	133000000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	114000000	usd
CY2024Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	70000000	usd
CY2023Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	64000000	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	88000000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	82000000	usd
CY2024Q1	us-gaap	Other Assets Current OtherAssetsCurrent	141000000	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	107000000	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	2183000000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	2216000000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14732000000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14837000000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	833000000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	833000000	usd
CY2024Q1	us-gaap	Equity Method Investments EquityMethodInvestments	1840000000	usd
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	1853000000	usd
CY2024Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	803000000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	785000000	usd
CY2024Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	20153000000	usd
CY2023Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	20295000000	usd
CY2024Q1	us-gaap	Assets Assets	22336000000	usd
CY2023Q4	us-gaap	Assets Assets	22511000000	usd
CY2024Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	72000000	usd
CY2023Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	72000000	usd
CY2024Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	1349000000	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	1348000000	usd
CY2024Q1	us-gaap	Interest Payable Current InterestPayableCurrent	45000000	usd
CY2023Q4	us-gaap	Interest Payable Current InterestPayableCurrent	38000000	usd
CY2024Q1	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	22000000	usd
CY2023Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	43000000	usd
CY2024Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	55000000	usd
CY2023Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	83000000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	1604000000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1671000000	usd
CY2024Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	4942000000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	4941000000	usd
CY2024Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	335000000	usd
CY2023Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	331000000	usd
CY2024Q1	nep	Finite Lived Intangible Liabilities Net FiniteLivedIntangibleLiabilitiesNet	1186000000	usd
CY2023Q4	nep	Finite Lived Intangible Liabilities Net FiniteLivedIntangibleLiabilitiesNet	1210000000	usd
CY2024Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	236000000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	248000000	usd
CY2024Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	6754000000	usd
CY2023Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	6783000000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	8358000000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	8454000000	usd
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q1	us-gaap	Limited Partners Capital Account Units Issued LimitedPartnersCapitalAccountUnitsIssued	93500000	shares
CY2024Q1	us-gaap	Limited Partners Capital Account Units Outstanding LimitedPartnersCapitalAccountUnitsOutstanding	93500000	shares
CY2023Q4	us-gaap	Limited Partners Capital Account Units Issued LimitedPartnersCapitalAccountUnitsIssued	93400000	shares
CY2023Q4	us-gaap	Limited Partners Capital Account Units Outstanding LimitedPartnersCapitalAccountUnitsOutstanding	93400000	shares
CY2024Q1	us-gaap	Limited Partners Capital Account LimitedPartnersCapitalAccount	3564000000	usd
CY2023Q4	us-gaap	Limited Partners Capital Account LimitedPartnersCapitalAccount	3576000000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-7000000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-7000000	usd
CY2024Q1	us-gaap	Minority Interest MinorityInterest	10421000000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	10488000000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	13978000000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	14057000000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	22336000000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	22511000000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	35000000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-151000000	usd
CY2024Q1	us-gaap	Utilities Operating Expense Depreciation And Amortization UtilitiesOperatingExpenseDepreciationAndAmortization	136000000	usd
CY2023Q1	us-gaap	Utilities Operating Expense Depreciation And Amortization UtilitiesOperatingExpenseDepreciationAndAmortization	132000000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	21000000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	20000000	usd
CY2024Q1	us-gaap	Unrealized Gain Loss On Derivatives And Commodity Contracts UnrealizedGainLossOnDerivativesAndCommodityContracts	51000000	usd
CY2023Q1	us-gaap	Unrealized Gain Loss On Derivatives And Commodity Contracts UnrealizedGainLossOnDerivativesAndCommodityContracts	-164000000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	11000000	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-34000000	usd
CY2024Q1	nep	Income Lossfrom Equity Method Investments Operating Activities IncomeLossfromEquityMethodInvestmentsOperatingActivities	-14000000	usd
CY2023Q1	nep	Income Lossfrom Equity Method Investments Operating Activities IncomeLossfromEquityMethodInvestmentsOperatingActivities	-13000000	usd
CY2024Q1	nep	Equity In Earnings From Non Economic Ownership Interests Net Of Distributions Received EquityInEarningsFromNonEconomicOwnershipInterestsNetOfDistributionsReceived	4000000	usd
CY2023Q1	nep	Equity In Earnings From Non Economic Ownership Interests Net Of Distributions Received EquityInEarningsFromNonEconomicOwnershipInterestsNetOfDistributionsReceived	-8000000	usd
CY2024Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-5000000	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-6000000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	45000000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	4000000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	11000000	usd
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CY2024Q1	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	-33000000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	-66000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	78000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	82000000	usd
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CY2023Q1	us-gaap	Payments To Acquire Additional Interest In Subsidiaries PaymentsToAcquireAdditionalInterestInSubsidiaries	84000000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	64000000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	401000000	usd
CY2024Q1	us-gaap	Proceeds From Divestiture Of Businesses ProceedsFromDivestitureOfBusinesses	0	usd
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CY2024Q1	us-gaap	Proceeds From Payments For Long Term Loans For Related Parties ProceedsFromPaymentsForLongTermLoansForRelatedParties	68000000	usd
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CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	42000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	199000000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	3000000	usd
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CY2024Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	24000000	usd
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CY2024Q1	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	29000000	usd
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CY2024Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	188000000	usd
CY2023Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	169000000	usd
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CY2023Q1	nep	Payments To Subsidiary Investor PaymentsToSubsidiaryInvestor	70000000	usd
CY2024Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	0	usd
CY2023Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	196000000	usd
CY2024Q1	nep	Proceeds On Sale Of Differential Membership Interests ProceedsOnSaleOfDifferentialMembershipInterests	0	usd
CY2023Q1	nep	Proceeds On Sale Of Differential Membership Interests ProceedsOnSaleOfDifferentialMembershipInterests	92000000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Interest In Partnership Unit ProceedsFromSaleOfInterestInPartnershipUnit	75000000	usd
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CY2024Q1	nep	Paymentto Differential Membership Investors PaymenttoDifferentialMembershipInvestors	11000000	usd
CY2023Q1	nep	Paymentto Differential Membership Investors PaymenttoDifferentialMembershipInvestors	202000000	usd
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CY2023Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	2000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-113000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-276000000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	7000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	5000000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	294000000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	284000000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	301000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	289000000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	50000000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	47000000	usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-24000000	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2024Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	42000000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	735000000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	14057000000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	1000000	usd
CY2024Q1	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	35000000	usd
CY2024Q1	nep	Noncontrolling Interest Decrease From Member Note Receivable NoncontrollingInterestDecreaseFromMemberNoteReceivable	2000000	usd
CY2024Q1	nep	Related Party Contributions RelatedPartyContributions	26000000	usd
CY2024Q1	nep	Related Party Distributions RelatedPartyDistributions	106000000	usd
CY2024Q1	nep	Noncontrolling Interest Increase Decrease In Other Activity NoncontrollingInterestIncreaseDecreaseInOtherActivity	64000000	usd
CY2024Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	18000000	usd
CY2024Q1	us-gaap	Limited Partners Capital Account Distribution Amount LimitedPartnersCapitalAccountDistributionAmount	82000000	usd
CY2024Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	1000000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	13978000000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	14671000000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	167000000	usd
CY2023Q1	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	72000000	usd
CY2023Q1	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	-153000000	usd
CY2023Q1	nep	Related Party Distributions RelatedPartyDistributions	98000000	usd
CY2023Q1	nep	Noncontrolling Interest Increase Decreasein Changein Equity Method Investees NoncontrollingInterestIncreaseDecreaseinChangeinEquityMethodInvestees	11000000	usd
CY2023Q1	nep	Noncontrolling Interest Increase Decrease In Other Activity NoncontrollingInterestIncreaseDecreaseInOtherActivity	142000000	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	70000000	usd
CY2023Q1	us-gaap	Limited Partners Capital Account Distribution Amount LimitedPartnersCapitalAccountDistributionAmount	70000000	usd
CY2023Q1	nep	Noncontrolling Interest Exercise Of Buyout Right NoncontrollingInterestExerciseOfBuyoutRight	196000000	usd
CY2023Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	0	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	14476000000	usd
CY2024Q1	us-gaap	Derivative Asset Not Subject To Master Netting Arrangement DerivativeAssetNotSubjectToMasterNettingArrangement	226000000	usd
CY2024Q1	us-gaap	Derivative Liability Not Subject To Master Netting Arrangement DerivativeLiabilityNotSubjectToMasterNettingArrangement	31000000	usd
CY2024Q1	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	64000000	usd
CY2024Q1	us-gaap	Derivative Assets Noncurrent DerivativeAssetsNoncurrent	162000000	usd
CY2024Q1	us-gaap	Derivative Assets DerivativeAssets	226000000	usd
CY2024Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	8000000	usd
CY2024Q1	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	23000000	usd
CY2024Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	31000000	usd
CY2023Q4	us-gaap	Derivative Asset Not Subject To Master Netting Arrangement DerivativeAssetNotSubjectToMasterNettingArrangement	200000000	usd
CY2023Q4	us-gaap	Derivative Liability Not Subject To Master Netting Arrangement DerivativeLiabilityNotSubjectToMasterNettingArrangement	55000000	usd
CY2023Q4	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	61000000	usd
CY2023Q4	us-gaap	Derivative Assets Noncurrent DerivativeAssetsNoncurrent	139000000	usd
CY2023Q4	us-gaap	Derivative Assets DerivativeAssets	200000000	usd
CY2023Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	18000000	usd
CY2023Q4	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	37000000	usd
CY2023Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	55000000	usd
CY2024Q1	nep	Derivative Instrumentswith Contingent Features Liabilitiesat Fair Value DerivativeInstrumentswithContingentFeaturesLiabilitiesatFairValue	9000000	usd
CY2023Q4	nep	Derivative Instrumentswith Contingent Features Liabilitiesat Fair Value DerivativeInstrumentswithContingentFeaturesLiabilitiesatFairValue	30000000	usd
CY2023Q1	nep	Earnings Per Share Assuming Dilution Continuing Operations EarningsPerShareAssumingDilutionContinuingOperations	-0.23
CY2023Q1	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.23
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	87900000	shares
CY2024Q1	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.75
CY2024Q1	nep	Earnings Per Share Assuming Dilution Continuing Operations EarningsPerShareAssumingDilutionContinuingOperations	0.75
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.59
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.17
CY2024Q1	us-gaap	Income Tax Reconciliation Minority Interest Income Expense IncomeTaxReconciliationMinorityInterestIncomeExpense	-11000000	usd
CY2024Q1	us-gaap	Income Tax Reconciliation Tax Credits IncomeTaxReconciliationTaxCredits	8000000	usd
CY2023Q1	us-gaap	Income Tax Reconciliation Minority Interest Income Expense IncomeTaxReconciliationMinorityInterestIncomeExpense	22000000	usd
CY2024Q1	nep	Net Income Loss From Continuing Operations Value NetIncomeLossFromContinuingOperationsValue	70000000	usd
CY2024Q1	us-gaap	Net Income Loss From Continuing Operations Available To Common Shareholders Basic NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic	70000000	usd
CY2023Q1	us-gaap	Net Income Loss From Continuing Operations Available To Common Shareholders Basic NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic	-20000000	usd
CY2023Q1	nep	Net Income Loss From Continuing Operations Value NetIncomeLossFromContinuingOperationsValue	-20000000	usd
CY2024Q1	nep	Net Income Loss From Discontinued Operations Assuming Dilution Value NetIncomeLossFromDiscontinuedOperationsAssumingDilutionValue	0	usd
CY2024Q1	us-gaap	Net Income Loss From Discontinued Operations Available To Common Shareholders Basic NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic	0	usd
CY2023Q1	nep	Net Income Loss From Discontinued Operations Assuming Dilution Value NetIncomeLossFromDiscontinuedOperationsAssumingDilutionValue	6000000	usd
CY2023Q1	us-gaap	Net Income Loss From Discontinued Operations Available To Common Shareholders Basic NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic	6000000	usd
CY2024Q1	nep	Net Income Loss Assuming Dilution NetIncomeLossAssumingDilution	70000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	70000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-14000000	usd
CY2023Q1	nep	Net Income Loss Assuming Dilution NetIncomeLossAssumingDilution	-14000000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	93500000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	87300000	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	600000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	93500000	shares
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0
CY2024Q1	nep	Earnings Per Share Assuming Dilution Discontinued Operations EarningsPerShareAssumingDilutionDiscontinuedOperations	0
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.06
CY2023Q1	nep	Earnings Per Share Assuming Dilution Discontinued Operations EarningsPerShareAssumingDilutionDiscontinuedOperations	0.06
CY2024Q1	nep	Earnings Per Share Assuming Dilution EarningsPerShareAssumingDilution	0.75
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.75
CY2023Q1	nep	Earnings Per Share Assuming Dilution EarningsPerShareAssumingDilution	-0.17
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.17
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	900000	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	900000	shares
CY2024Q1	nep	Taxable Gains Value TaxableGainsValue	154000000	usd
CY2024Q1	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	26000000	usd
CY2024Q1	us-gaap	Restricted Cash Current RestrictedCashCurrent	56000000	usd
CY2023Q4	us-gaap	Restricted Cash Current RestrictedCashCurrent	20000000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	17325000000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	17299000000	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	2593000000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	2462000000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14732000000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14837000000	usd
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

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0001603145-24-000010-index.html	Edgar Link	pending
0001603145-24-000010.txt	Edgar Link	pending
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NEXTERA ENERGY PARTNERS, LP Stock $nep

2024 Q1 Form 10-Q Financial Statement

#000160314524000010 Filed on April 23, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NEP NEXTERA ENERGY PARTNERS, LP Stock $nep

2024 Q1 Form 10-Q Financial Statement

#000160314524000010 Filed on April 23, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NEP
NEXTERA ENERGY PARTNERS, LP Stock $nep