XML 100 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
Retirement And Other Postretirement Benefits
6 Months Ended
Jun. 30, 2012
Retirement And Other Postretirement Benefits
NOTE 6.  RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Net Pension Cost

 
 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$5,542 

 

$3,068 

 

$3,669 

 

$1,602 

 

$706 

 

$1,421 

 

$1,480 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

13,922 

 

6,420 

 

8,800 

 

4,070 

 

1,902 

 

4,206 

 

3,247 

Expected return on assets

 

(16,441)

 

(8,593)

 

(10,209)

 

(5,236)

 

(2,215)

 

(5,581)

 

(4,109)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

50 

 

 

52 

 

 

 

 

Amortization of loss

 

10,193 

 

4,043 

 

7,050 

 

2,633 

 

1,719 

 

2,544 

 

2,251 

Net pension cost

 

$13,266 

 

$4,943 

 

$9,362 

 

$3,076 

 

$2,114 

 

$2,594 

 

$2,872 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$4,518 

 

$2,462 

 

$2,886 

 

$1,327 

 

$561 

 

$1,197 

 

$1,235 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

12,991 

 

5,928 

 

8,159 

 

3,909 

 

1,762 

 

3,993 

 

2,939 

Expected return on assets

 

(15,609)

 

(8,339)

 

(9,716)

 

(5,038)

 

(2,114)

 

(5,501)

 

(3,784)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

115 

 

20 

 

70 

 

38 

 

 

16 

 

Amortization of loss

 

6,421 

 

2,279 

 

4,497 

 

1,680 

 

1,166 

 

1,394 

 

1,321 

Net pension cost

 

$8,436 

 

$2,350 

 

$5,896 

 

$1,916 

 

$1,384 

 

$1,099 

 

$1,715 


Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the second quarters of 2012 and 2011, respectively. Entergy recognized $10.2 million and $9.8 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2012 and 2011, respectively.

 

The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans in the second quarters of 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  second quarter 2012

 


$107 

 


$39 

 


$3 

 


$46 

 


$19 

 


$163 

Non-qualified pension cost
  second quarter 2011

 


$115 

 


$42 

 


$4 

 


$48 

 


$16 

 


$192 

 

            The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans for the six months ended June 30, 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  six months ended June 30, 2012

 


$214 

 


$78 

 


$6 

 


$92 

 


$38 

 


$326 

Non-qualified pension cost
  six months ended June 30, 2011

 


$230 

 


$84 

 


$8 

 


$96 

 


$32 

 


$384 





Employer Contributions

 

            Based on current assumptions, Entergy expects to contribute $246.1 million to its qualified pension plans in 2012.  As of the end of June 2012, Entergy had contributed $97.6 million to its pension plans.  Therefore, Entergy presently anticipates contributing an additional $148.5 million to fund its qualified pension plans in 2012.

 

Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans in 2012:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Expected 2012 pension
  contributions

 


$54,301

 


$19,763

 


$38,813

 


$13,854

 


$7,815

 


$12,829

 


$13,496


Pension contributions made
  through June 2012

 


$20,024

 


$7,376

 


$18,818

 


$5,477

 


$3,807

 


$5,352

 


$6,046

Remaining estimated pension
  contributions to be made in 2012

 


$34,277

 


$12,387

 


$19,995

 


$8,377

 


$4,008

 


$7,477

 


$7,450


 

Entergy Arkansas [Member]
 
Retirement And Other Postretirement Benefits
NOTE 6.  RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Net Pension Cost

Entergy's qualified pension cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$37,691 
 
$30,490 
Interest cost on projected benefit obligation
 
65,232 
 
59,248 
Expected return on assets
 
(79,356)
 
(75,319)
Amortization of prior service cost
 
683 
 
838 
Amortization of loss
 
41,820 
 
23,244 
Net pension costs
 
$66,070 
 
$38,501 

Entergy's qualified pension cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$75,382 
 
$60,980 
Interest cost on projected benefit obligation
 
130,464 
 
118,496 
Expected return on assets
 
(158,712)
 
(150,638)
Amortization of prior service cost
 
1,366 
 
1,676 
Amortization of loss
 
83,640 
 
46,488 
Net pension costs
 
$132,140 
 
$77,002 


Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the second quarters of 2012 and 2011, respectively.  Entergy recognized $10.2 million and $9.8 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2012 and 2011, respectively.


Components of Net Other Postretirement Benefit Cost

Entergy's other postretirement benefit cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$17,221 
 
$14,835 
Interest cost on accumulated postretirement benefit
     obligation (APBO)
 
 
20,640 
 
 
18,631 
Expected return on assets
 
(8,626)
 
(7,369)
Amortization of transition obligation
 
794 
 
796 
Amortization of prior service cost
 
(4,541)
 
(3,518)
Amortization of loss
 
9,113 
 
5,298 
Net other postretirement benefit cost
 
$34,601 
 
$28,673 

Entergy's other postretirement benefit cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$34,442 
 
$29,670 
Interest cost on APBO
 
41,280 
 
37,262 
Expected return on assets
 
(17,252)
 
(14,738)
Amortization of transition obligation
 
1,588 
 
1,592 
Amortization of prior service cost
 
(9,082)
 
(7,036)
Amortization of loss
 
18,226 
 
10,596 
Net other postretirement benefit cost
 
$69,202 
 
$57,346 


Employer Contributions

Based on current assumptions, Entergy expects to contribute $246.1 million to its qualified pension plans in 2012.  As of the end of June 2012, Entergy had contributed $97.6 million to its pension plans.  Therefore, Entergy presently anticipates contributing an additional $148.5 million to fund its qualified pension plans in 2012.


Entergy Gulf States Louisiana [Member]
 
Retirement And Other Postretirement Benefits
NOTE 6.  RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Net Pension Cost

Entergy's qualified pension cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$37,691 
 
$30,490 
Interest cost on projected benefit obligation
 
65,232 
 
59,248 
Expected return on assets
 
(79,356)
 
(75,319)
Amortization of prior service cost
 
683 
 
838 
Amortization of loss
 
41,820 
 
23,244 
Net pension costs
 
$66,070 
 
$38,501 

Entergy's qualified pension cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$75,382 
 
$60,980 
Interest cost on projected benefit obligation
 
130,464 
 
118,496 
Expected return on assets
 
(158,712)
 
(150,638)
Amortization of prior service cost
 
1,366 
 
1,676 
Amortization of loss
 
83,640 
 
46,488 
Net pension costs
 
$132,140 
 
$77,002 


Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the second quarters of 2012 and 2011, respectively.  Entergy recognized $10.2 million and $9.8 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2012 and 2011, respectively.


Components of Net Other Postretirement Benefit Cost

Entergy's other postretirement benefit cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$17,221 
 
$14,835 
Interest cost on accumulated postretirement benefit
     obligation (APBO)
 
 
20,640 
 
 
18,631 
Expected return on assets
 
(8,626)
 
(7,369)
Amortization of transition obligation
 
794 
 
796 
Amortization of prior service cost
 
(4,541)
 
(3,518)
Amortization of loss
 
9,113 
 
5,298 
Net other postretirement benefit cost
 
$34,601 
 
$28,673 

Entergy's other postretirement benefit cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$34,442 
 
$29,670 
Interest cost on APBO
 
41,280 
 
37,262 
Expected return on assets
 
(17,252)
 
(14,738)
Amortization of transition obligation
 
1,588 
 
1,592 
Amortization of prior service cost
 
(9,082)
 
(7,036)
Amortization of loss
 
18,226 
 
10,596 
Net other postretirement benefit cost
 
$69,202 
 
$57,346 


Employer Contributions

Based on current assumptions, Entergy expects to contribute $246.1 million to its qualified pension plans in 2012.  As of the end of June 2012, Entergy had contributed $97.6 million to its pension plans.  Therefore, Entergy presently anticipates contributing an additional $148.5 million to fund its qualified pension plans in 2012.


Entergy Louisiana [Member]
 
Retirement And Other Postretirement Benefits
NOTE 6.  RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Net Pension Cost

Entergy's qualified pension cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$37,691 
 
$30,490 
Interest cost on projected benefit obligation
 
65,232 
 
59,248 
Expected return on assets
 
(79,356)
 
(75,319)
Amortization of prior service cost
 
683 
 
838 
Amortization of loss
 
41,820 
 
23,244 
Net pension costs
 
$66,070 
 
$38,501 

Entergy's qualified pension cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$75,382 
 
$60,980 
Interest cost on projected benefit obligation
 
130,464 
 
118,496 
Expected return on assets
 
(158,712)
 
(150,638)
Amortization of prior service cost
 
1,366 
 
1,676 
Amortization of loss
 
83,640 
 
46,488 
Net pension costs
 
$132,140 
 
$77,002 


Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the second quarters of 2012 and 2011, respectively.  Entergy recognized $10.2 million and $9.8 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2012 and 2011, respectively.


Components of Net Other Postretirement Benefit Cost

Entergy's other postretirement benefit cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$17,221 
 
$14,835 
Interest cost on accumulated postretirement benefit
     obligation (APBO)
 
 
20,640 
 
 
18,631 
Expected return on assets
 
(8,626)
 
(7,369)
Amortization of transition obligation
 
794 
 
796 
Amortization of prior service cost
 
(4,541)
 
(3,518)
Amortization of loss
 
9,113 
 
5,298 
Net other postretirement benefit cost
 
$34,601 
 
$28,673 

Entergy's other postretirement benefit cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$34,442 
 
$29,670 
Interest cost on APBO
 
41,280 
 
37,262 
Expected return on assets
 
(17,252)
 
(14,738)
Amortization of transition obligation
 
1,588 
 
1,592 
Amortization of prior service cost
 
(9,082)
 
(7,036)
Amortization of loss
 
18,226 
 
10,596 
Net other postretirement benefit cost
 
$69,202 
 
$57,346 


Employer Contributions

Based on current assumptions, Entergy expects to contribute $246.1 million to its qualified pension plans in 2012.  As of the end of June 2012, Entergy had contributed $97.6 million to its pension plans.  Therefore, Entergy presently anticipates contributing an additional $148.5 million to fund its qualified pension plans in 2012.


Entergy Mississippi [Member]
 
Retirement And Other Postretirement Benefits
NOTE 6.  RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Net Pension Cost

Entergy's qualified pension cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$37,691 
 
$30,490 
Interest cost on projected benefit obligation
 
65,232 
 
59,248 
Expected return on assets
 
(79,356)
 
(75,319)
Amortization of prior service cost
 
683 
 
838 
Amortization of loss
 
41,820 
 
23,244 
Net pension costs
 
$66,070 
 
$38,501 

Entergy's qualified pension cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$75,382 
 
$60,980 
Interest cost on projected benefit obligation
 
130,464 
 
118,496 
Expected return on assets
 
(158,712)
 
(150,638)
Amortization of prior service cost
 
1,366 
 
1,676 
Amortization of loss
 
83,640 
 
46,488 
Net pension costs
 
$132,140 
 
$77,002 
 
 


Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the second quarters of 2012 and 2011, respectively.  Entergy recognized $10.2 million and $9.8 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2012 and 2011, respectively.


Components of Net Other Postretirement Benefit Cost

Entergy's other postretirement benefit cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$17,221 
 
$14,835 
Interest cost on accumulated postretirement benefit
     obligation (APBO)
 
 
20,640 
 
 
18,631 
Expected return on assets
 
(8,626)
 
(7,369)
Amortization of transition obligation
 
794 
 
796 
Amortization of prior service cost
 
(4,541)
 
(3,518)
Amortization of loss
 
9,113 
 
5,298 
Net other postretirement benefit cost
 
$34,601 
 
$28,673 

Entergy's other postretirement benefit cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$34,442 
 
$29,670 
Interest cost on APBO
 
41,280 
 
37,262 
Expected return on assets
 
(17,252)
 
(14,738)
Amortization of transition obligation
 
1,588 
 
1,592 
Amortization of prior service cost
 
(9,082)
 
(7,036)
Amortization of loss
 
18,226 
 
10,596 
Net other postretirement benefit cost
 
$69,202 
 
$57,346 


Employer Contributions

Based on current assumptions, Entergy expects to contribute $246.1 million to its qualified pension plans in 2012.  As of the end of June 2012, Entergy had contributed $97.6 million to its pension plans.  Therefore, Entergy presently anticipates contributing an additional $148.5 million to fund its qualified pension plans in 2012.


Entergy New Orleans
 
Retirement And Other Postretirement Benefits
NOTE 6.  RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Net Pension Cost

Entergy's qualified pension cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$37,691 
 
$30,490 
Interest cost on projected benefit obligation
 
65,232 
 
59,248 
Expected return on assets
 
(79,356)
 
(75,319)
Amortization of prior service cost
 
683 
 
838 
Amortization of loss
 
41,820 
 
23,244 
Net pension costs
 
$66,070 
 
$38,501 

Entergy's qualified pension cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$75,382 
 
$60,980 
Interest cost on projected benefit obligation
 
130,464 
 
118,496 
Expected return on assets
 
(158,712)
 
(150,638)
Amortization of prior service cost
 
1,366 
 
1,676 
Amortization of loss
 
83,640 
 
46,488 
Net pension costs
 
$132,140 
 
$77,002 
 
 


Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the second quarters of 2012 and 2011, respectively.  Entergy recognized $10.2 million and $9.8 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2012 and 2011, respectively.


Components of Net Other Postretirement Benefit Cost

Entergy's other postretirement benefit cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$17,221 
 
$14,835 
Interest cost on accumulated postretirement benefit
     obligation (APBO)
 
 
20,640 
 
 
18,631 
Expected return on assets
 
(8,626)
 
(7,369)
Amortization of transition obligation
 
794 
 
796 
Amortization of prior service cost
 
(4,541)
 
(3,518)
Amortization of loss
 
9,113 
 
5,298 
Net other postretirement benefit cost
 
$34,601 
 
$28,673 

Entergy's other postretirement benefit cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$34,442 
 
$29,670 
Interest cost on APBO
 
41,280 
 
37,262 
Expected return on assets
 
(17,252)
 
(14,738)
Amortization of transition obligation
 
1,588 
 
1,592 
Amortization of prior service cost
 
(9,082)
 
(7,036)
Amortization of loss
 
18,226 
 
10,596 
Net other postretirement benefit cost
 
$69,202 
 
$57,346 


Employer Contributions

Based on current assumptions, Entergy expects to contribute $246.1 million to its qualified pension plans in 2012.  As of the end of June 2012, Entergy had contributed $97.6 million to its pension plans.  Therefore, Entergy presently anticipates contributing an additional $148.5 million to fund its qualified pension plans in 2012.


Entergy Texas [Member]
 
Retirement And Other Postretirement Benefits
NOTE 6.  RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Net Pension Cost

Entergy's qualified pension cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$37,691 
 
$30,490 
Interest cost on projected benefit obligation
 
65,232 
 
59,248 
Expected return on assets
 
(79,356)
 
(75,319)
Amortization of prior service cost
 
683 
 
838 
Amortization of loss
 
41,820 
 
23,244 
Net pension costs
 
$66,070 
 
$38,501 

Entergy's qualified pension cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$75,382 
 
$60,980 
Interest cost on projected benefit obligation
 
130,464 
 
118,496 
Expected return on assets
 
(158,712)
 
(150,638)
Amortization of prior service cost
 
1,366 
 
1,676 
Amortization of loss
 
83,640 
 
46,488 
Net pension costs
 
$132,140 
 
$77,002 


Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the second quarters of 2012 and 2011, respectively.  Entergy recognized $10.2 million and $9.8 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2012 and 2011, respectively.


Components of Net Other Postretirement Benefit Cost

Entergy's other postretirement benefit cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$17,221 
 
$14,835 
Interest cost on accumulated postretirement benefit
     obligation (APBO)
 
 
20,640 
 
 
18,631 
Expected return on assets
 
(8,626)
 
(7,369)
Amortization of transition obligation
 
794 
 
796 
Amortization of prior service cost
 
(4,541)
 
(3,518)
Amortization of loss
 
9,113 
 
5,298 
Net other postretirement benefit cost
 
$34,601 
 
$28,673 

Entergy's other postretirement benefit cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$34,442 
 
$29,670 
Interest cost on APBO
 
41,280 
 
37,262 
Expected return on assets
 
(17,252)
 
(14,738)
Amortization of transition obligation
 
1,588 
 
1,592 
Amortization of prior service cost
 
(9,082)
 
(7,036)
Amortization of loss
 
18,226 
 
10,596 
Net other postretirement benefit cost
 
$69,202 
 
$57,346 


Employer Contributions

Based on current assumptions, Entergy expects to contribute $246.1 million to its qualified pension plans in 2012.  As of the end of June 2012, Entergy had contributed $97.6 million to its pension plans.  Therefore, Entergy presently anticipates contributing an additional $148.5 million to fund its qualified pension plans in 2012.


System Energy [Member]
 
Retirement And Other Postretirement Benefits
NOTE 6.  RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Net Pension Cost

Entergy's qualified pension cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$37,691 
 
$30,490 
Interest cost on projected benefit obligation
 
65,232 
 
59,248 
Expected return on assets
 
(79,356)
 
(75,319)
Amortization of prior service cost
 
683 
 
838 
Amortization of loss
 
41,820 
 
23,244 
Net pension costs
 
$66,070 
 
$38,501 

Entergy's qualified pension cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$75,382 
 
$60,980 
Interest cost on projected benefit obligation
 
130,464 
 
118,496 
Expected return on assets
 
(158,712)
 
(150,638)
Amortization of prior service cost
 
1,366 
 
1,676 
Amortization of loss
 
83,640 
 
46,488 
Net pension costs
 
$132,140 
 
$77,002 


Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the second quarters of 2012 and 2011, respectively.  Entergy recognized $10.2 million and $9.8 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2012 and 2011, respectively.

The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans in the second quarters of 2012 and 2011:

   
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
 
Entergy
New Orleans
 
 
Entergy
Texas
   
(In Thousands)
Non-qualified pension cost
  second quarter 2012
 
 
$107 
 
 
$39 
 
 
$3 
 
 
$46 
 
 
$19 
 
 
$163 
Non-qualified pension cost
  second quarter 2011
 
 
$115 
 
 
$42 
 
 
$4 
 
 
$48 
 
 
$16 
 
 
$192 

The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans for the six months ended June 30, 2012 and 2011:

   
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
 
Entergy
New Orleans
 
 
Entergy
Texas
   
(In Thousands)
Non-qualified pension cost
  six months ended June 30, 2012
 
 
$214 
 
 
$78 
 
 
$6 
 
 
$92 
 
 
$38 
 
 
$326 
Non-qualified pension cost
  six months ended June 30, 2011
 
 
$230 
 
 
$84 
 
 
$8 
 
 
$96 
 
 
$32 
 
 
$384 

Components of Net Other Postretirement Benefit Cost

Entergy's other postretirement benefit cost, including amounts capitalized, for the second quarters of 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$17,221 
 
$14,835 
Interest cost on accumulated postretirement benefit
     obligation (APBO)
 
 
20,640 
 
 
18,631 
Expected return on assets
 
(8,626)
 
(7,369)
Amortization of transition obligation
 
794 
 
796 
Amortization of prior service cost
 
(4,541)
 
(3,518)
Amortization of loss
 
9,113 
 
5,298 
Net other postretirement benefit cost
 
$34,601 
 
$28,673 

Entergy's other postretirement benefit cost, including amounts capitalized, for the six months ended June 30, 2012 and 2011, included the following components:
 
   
2012
 
2011
   
(In Thousands)
         
Service cost - benefits earned during the period
 
$34,442 
 
$29,670 
Interest cost on APBO
 
41,280 
 
37,262 
Expected return on assets
 
(17,252)
 
(14,738)
Amortization of transition obligation
 
1,588 
 
1,592 
Amortization of prior service cost
 
(9,082)
 
(7,036)
Amortization of loss
 
18,226 
 
10,596 
Net other postretirement benefit cost
 
$69,202 
 
$57,346 


Employer Contributions

Based on current assumptions, Entergy expects to contribute $246.1 million to its qualified pension plans in 2012.  As of the end of June 2012, Entergy had contributed $97.6 million to its pension plans.  Therefore, Entergy presently anticipates contributing an additional $148.5 million to fund its qualified pension plans in 2012.