NextEra Energy Partners, LP (NEP) financial statements (2021 and earlier)

Company profile

Business Address 700 UNIVERSE BOULEVARD
JUNO BEACH, FL 33408
State of Incorp.
Fiscal Year End December 31
SIC 4911 - Electric Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1089596115128195163
Cash and cash equivalents1089596115128195163
Restricted cash and investments      4
Receivables2663443423182697981,003
Inventory, net of allowances, customer advances and progress billings242525    
Inventory242525    
Other current assets1616839363929
Total current assets:4144804714724331,0321,199
Noncurrent Assets
Operating lease, right-of-use asset42   43  
Property, plant and equipment7,1637,0476,9716,9726,9706,9827,071
Long-term investments and receivables1,8141,6171,6531,6401,653350319
Long-term investments1,8141,6171,6531,6401,653350319
Intangible assets, net (including goodwill)609609609609609609598
Goodwill609609609609609609598
Restricted cash and investments    112020
Deferred income tax assets249258233244 160123
Other noncurrent assets131130126132137150144
Other undisclosed noncurrent assets2,1402,1912,2222,2522,4002,2922,294
Total noncurrent assets:12,14811,85211,81411,84911,82310,56310,569
TOTAL ASSETS:12,56212,33212,28512,32112,25611,59511,768
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:143179133144122113111
Taxes payable22211511211815
Interest and dividends payable25203524401931
Other undisclosed accounts payable and accrued liabilities9613883109617665
Debt1213131312379599
Derivative instruments and hedges, liabilities201918    
Due to related parties66666862585859
Other liabilities62454150485857
Other undisclosed current liabilities47415035613746
Total current liabilities:350363323304301645872
Noncurrent Liabilities
Long-term debt and lease obligation3,3763,8904,1824,1794,1323,7193,676
Long-term debt, excluding current maturities3,3763,8904,1824,1794,1323,7193,676
Liabilities, other than long-term debt1,1291,3561,4971,5597571,055720
Asset retirement obligations144144142141139138135
Deferred income tax liabilities      10
Due to related parties33343534346857
Other liabilities170177184185167170147
Derivative instruments and hedges, liabilities7821,0011,1361,199417679371
Total noncurrent liabilities:4,5055,2465,6795,7384,8894,7744,396
Total liabilities:4,8555,6096,0026,0425,1905,4195,268
Stockholders' equity
Stockholders' equity attributable to parent(8)(8)(8)(8)(8)(8)(8)
Accumulated other comprehensive loss(8)(8)(8)(8)(8)(8)(8)
Stockholders' equity attributable to noncontrolling interest 4,4254,3494,354 4,0164,256
Other undisclosed stockholders' equity7,7152,3061,9421,9337,0742,1682,252
Total stockholders' equity:7,7076,7236,2836,2797,0666,1766,500
TOTAL LIABILITIES AND EQUITY:12,56212,33212,28512,32112,25611,59511,768

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Gross profit:212240253212206253219
Operating expenses(166)(172)(164)(163)(163)(165)(152)
Operating income:46688949438867
Nonoperating income (expense)13215251(844)50(349)(201)
Other undisclosed loss from continuing operations before equity method investments, income taxes    (22)  
Income (loss) from continuing operations before equity method investments, income taxes:178220140(795)71(261)(134)
Income from equity method investments108   38  
Other undisclosed loss from continuing operations before income taxes(108)   (16)  
Income (loss) from continuing operations before income taxes:178220140(795)93(261)(134)
Income tax expense (benefit)(18)(25)(13)75(9)1810
Net income (loss):160195127(720)84(243)(124)
Net income (loss) attributable to noncontrolling interest(96)(138)(78)500(47)173102
Other undisclosed net loss attributable to parent (1)(2)(2)(3)(2)(6)
Net income (loss) available to common stockholders, basic:645647(222)34(72)(28)
Dilutive securities, effect on basic earnings per share 25    
Net income (loss) available to common stockholders, diluted:645852(222)34(72)(28)

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):160195127(720)84(243)(124)
Other comprehensive income1 1 1  
Comprehensive income (loss):161195128(720)85(243)(124)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(97)(138)(79)500(49)173102
Other undisclosed comprehensive loss, net of tax, attributable to parent (1)(2)(2)(3)(2)(6)
Comprehensive income (loss), net of tax, attributable to parent:645647(222)33(72)(28)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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