Revolving Credit Facilities, Lines of Credit and Short-Term Borrowings and Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2011

Revolving Credit Facilities, Lines of Credit and Short-Term Borrowings (Tables) [Abstract]

Summary of the borrowings outstanding and capacity available under the facility

		Letters	Capacity
Capacity	Borrowings	of Credit	Available
(In Millions)
$3,465	$1,895	$25	$1,545

Credit facilities

						Amount Drawn
						as of
		Amount of				June 30,
Company	Expiration Date	Facility	Interest Rate (a)			2011
Entergy Arkansas	April 2012	$78 million (b)		3.25	%		—
Entergy Gulf States Louisiana	August 2012	$100 million (c)		0.60	%		—
Entergy Louisiana	August 2012	$200 million (d)		0.61	%	$100 million
Entergy Mississippi	May 2012	$35 million (e)		1.94	%		—
Entergy Mississippi	May 2012	$25 million (e)		1.94	%		—
Entergy Mississippi	May 2012	$10 million (e)		1.94	%		—
Entergy Texas	August 2012	$100 million (f)		0.66	%		—

(a)	The interest rate is the rate as of June 30, 2011 that would be applied to outstanding borrowings under the facility.
(b)	The credit facility requires Entergy Arkansas to maintain a debt ratio of 65% or less of its total capitalization. Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable.
(c)	The credit facility allows Entergy Gulf States Louisiana to issue letters of credit against the borrowing capacity of the facility. As of June 30, 2011, no letters of credit were outstanding. The credit facility requires Entergy Gulf States Louisiana to maintain a consolidated debt ratio of 65% or less of its total capitalization.
(d)	The credit facility allows Entergy Louisiana to issue letters of credit against the borrowing capacity of the facility. As of June 30, 2011, no letters of credit were outstanding. The credit facility requires Entergy Louisiana to maintain a consolidated debt ratio of 65% or less of its total capitalization.
(e)	Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable. Entergy Mississippi is required to maintain a consolidated debt ratio of 65% or less of its total capitalization.
(f)	The credit facility allows Entergy Texas to issue letters of credit against the borrowing capacity of the facility. As of June 30, 2011, no letters of credit were outstanding. The credit facility requires Entergy Texas to maintain a consolidated debt ratio of 65% or less of its total capitalization. Pursuant to the terms of the credit agreement securitization bonds are excluded from debt and capitalization in calculating the debt ratio.

Short-term borrowings and the outstanding short-term borrowings

	Authorized		Borrowings
	(In Millions)
Entergy Arkansas	$	250		—
Entergy Gulf States Louisiana	$	200		—
Entergy Louisiana	$	250	$	212
Entergy Mississippi	$	175	$	27
Entergy New Orleans	$	100		—
Entergy Texas	$	200	$	21
System Energy	$	200		—

Issuance of commercial paper to finance acquisition and ownership of nuclear fuel

				Weighted
				Average			Amount
				Interest			Outstanding
		Amount		Rate on			as of
	Expiration	of		Borrowings			June 30,
Company	Date	Facility		(a)			2011
	(Dollars in Millions)
Entergy Arkansas VIE	July 2013	$	85		2.34	%	$	37.6
Entergy Gulf States Louisiana VIE	July 2013	$	85		2.13	%	$	56.3
Entergy Louisiana VIE	July 2013	$	90		2.28	%	$	64.2
System Energy VIE	July 2013	$	100		2.28	%	$	0.5

(a) Includes letter of credit fees and bank fronting fees on commercial paper issuances by the VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The VIE for Entergy Gulf States Louisiana does not issue commercial paper, but borrows directly on its bank credit facility.

Notes payable by variable interest entities

Company	Description	Amount
Entergy Arkansas VIE	5.60% Series G due September 2011	$35 million
Entergy Arkansas VIE	9% Series H due June 2013	$30 million
Entergy Arkansas VIE	5.69% Series I due July 2014	$70 million
Entergy Arkansas VIE	3.23% Series J due July 2016	$55 million
Entergy Gulf States Louisiana VIE	5.56% Series N due May 2013	$75 million
Entergy Gulf States Louisiana VIE	5.41% Series O due July 2012	$60 million
Entergy Louisiana VIE	5.69% Series E due July 2014	$50 million
Entergy Louisiana VIE	3.30% Series F due March 2016	$20 million
System Energy VIE	6.29% Series F due September 2013	$70 million
System Energy VIE	5.33% Series G due April 2015	$60 million

Book value and the fair value of long-term debt

	Book Value		Fair Value
	of Long-Term		of Long-Term
	Debt		Debt (a) (b)
	(In Thousands)
Entergy	$	12,185,430	$	11,797,794
Entergy Arkansas	$	1,914,895	$	1,769,498
Entergy Gulf States Louisiana	$	1,616,551	$	1,666,022
Entergy Louisiana	$	2,096,561	$	1,900,873
Entergy Mississippi	$	920,409	$	957,438
Entergy New Orleans	$	166,714	$	171,567
Entergy Texas	$	1,628,270	$	1,807,543
System Energy	$	787,011	$	628,293

(a)	The values exclude lease obligations of $194 million at Entergy Louisiana and $179 million at System Energy, long-term DOE obligations of $181 million at Entergy Arkansas, and the note payable to NYPA of $158 million at Entergy, and include debt due within one year.
(b)	Fair values are based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads.