Gains on disposal of businesses/assets contributed $231 million to operating income, indicating strategic asset management and potential divestment of non-core assets.

Property, plant and equipment - net is $134,309 million, compared to $125,776 million at the end of the previous year, indicating continued investment in infrastructure and assets to support future growth.

Investment in equity method investees increased to $7,259 million from $6,156 million, indicating strategic partnerships and investments in related businesses.

Despite revenue growth, the increase in operating expenses suggests potential challenges in operational efficiency and cost management.

Management is actively managing its asset portfolio, as evidenced by the gains from disposals of businesses and assets, suggesting a focus on optimizing the company's portfolio.

Management is actively allocating capital through investments in property, plant, and equipment and equity method investees, indicating a focus on long-term growth and strategic partnerships.

The filing highlights the extensive regulation of NEE's and FPL's business, which could materially affect their operations and financial results. This includes potential impacts from political, regulatory, operational, and economic factors.

The filing notes that adverse results of litigation could materially affect NEE's and FPL's business, financial condition, results of operations and prospects.

The filing discusses risks related to project siting, financing, construction, and the operation and maintenance of facilities, which could have a material adverse effect on NEE's and FPL's business.

The filing indicates that NEER is exposed to fluctuating market prices for fuel, electricity, and renewable energy, which could materially affect NEE's business, financial condition, and results of operations.

NEE and FPL are subject to credit and performance risks from customers, hedging counterparties, and vendors. This includes the potential for financial losses if a counterparty fails to perform or make payments.

The filing acknowledges that NEE and FPL may be materially adversely affected by negative publicity, which could impact their reputation and business.

Fuel, purchased power and interchange expenses increased to $1,451 million from $1,554 million YoY, indicating a potential increase in operational costs.

Other operations and maintenance expenses increased to $1,247 million from $1,196 million YoY, indicating a potential increase in operational costs.

Depreciation and amortization expenses decreased to $1,642 million from $1,957 million YoY, indicating a potential increase in operational costs.

The filing does not provide specific details on R&D investments, making it difficult to assess the company's commitment to innovation and technology.

The filing notes that NEE and FPL are highly dependent on sensitive and complex information technology systems, and any failure or breach of those systems could have a material adverse effect on their business.

The filing does not provide specific details on digital transformation efforts, making it difficult to assess the company's progress in this area.

Capital expenditures remain significant, indicating a continued investment in infrastructure and assets to support future growth.

The filing does not provide specific details on dividend policy, making it difficult to assess the company's commitment to returning value to shareholders through dividends.

The filing does not provide specific details on share repurchases, making it difficult to assess the company's commitment to returning value to shareholders through share repurchases.

The filing does not provide specific details on environmental commitments and progress, making it difficult to assess the company's commitment to environmental sustainability.

The filing does not provide specific details on social responsibility initiatives, making it difficult to assess the company's commitment to social responsibility.

The filing does not provide specific details on governance practices, making it difficult to assess the company's commitment to good governance.

The filing notes that NEE's and FPL's business can be materially affected by weather conditions and related impacts, including severe weather.

The filing highlights that threats of terrorism and catastrophic events could materially adversely affect NEE's and FPL's business.

The filing notes that adverse results of litigation could materially affect NEE's and FPL's business, financial condition, results of operations and prospects.