Business Segment Information

6 Months Ended

Jun. 30, 2011

Business Segment Information [Abstract]

BUSINESS SEGMENT INFORMATION

NOTE 7. BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Entergy Corporation

     Entergy’s reportable segments as of June 30, 2011 are Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership and operation of six nuclear power plants located in the northern United States and the sale of the electric power produced by those plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. “All Other” includes the parent company, Entergy Corporation, and other business activity, including the earnings on the proceeds of sales of previously-owned businesses.

     In the fourth quarter 2010, Entergy finished integrating its former Non-Utility Nuclear segment and its non-nuclear wholesale asset business into the new Entergy Wholesale Commodities business in an internal reorganization. The 2010 information in the tables below has been restated to reflect the change in reportable segments.

     Entergy’s segment financial information for the second quarters of 2011 and 2010 is as follows:

			Entergy
			Wholesale
	Utility		Commodities*		All Other			Eliminations			Consolidated
	(In Thousands)
2011
Operating revenues	$	2,241,475	$	568,076	$	1,038		$	(7,310	)	$	2,803,279
Income taxes (benefit)	$	139,036	$	64,324	$	(52,407	)	$	—		$	150,953
Consolidated net income	$	252,741	$	65,556	$	29,946		$	(27,645	)	$	320,598
2010
Operating revenues	$	2,246,108	$	622,067	$	2,068		$	(7,293	)	$	2,862,950
Income taxes (benefit)	$	141,047	$	67,348	$	(4,488	)	$	—		$	203,907
Consolidated net income	$	230,173	$	104,557	$	3,912		$	(18,359	)	$	320,283

     Entergy’s segment financial information for the six months ended June 30, 2011 and 2010 is as follows:

			Entergy
			Wholesale
	Utility		Commodities*		All Other			Eliminations			Consolidated
	(In Thousands)
2011
Operating revenues	$	4,179,093	$	1,178,223	$	2,138		$	(14,966	)	$	5,344,488
Income taxes (benefit)	$	229,241	$	149,265	$	(63,303	)	$	—		$	315,203
Consolidated net income	$	421,394	$	188,789	$	19,383		$	(55,289	)	$	574,277
2010
Operating revenues	$	4,349,937	$	1,282,466	$	4,025		$	(14,132	)	$	5,622,296
Income taxes (benefit)	$	231,017	$	154,888	$	(34,313	)	$	—		$	351,592
Consolidated net income	$	373,144	$	195,099	$	7,573		$	(36,719	)	$	539,097

Businesses marked with * are sometimes referred to as the “competitive businesses.” Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment.

Registrant Subsidiaries

     Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.