What it means is that the best the FBI can come up with is "Make a way for us to brute force attack the passphrase." And brute force attack is worthless for a strong enough passphrase. That's what is reassuring.
Not to mention that this is for the iPhone 5c. As other comments have mentioned, newer iPhones have the hardware-based Secure Enclave which add to the difficulty of breaking into the phone. https://www.apple.com/business/docs/iOS_Security_Guide.pdf