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Business Segment Information
6 Months Ended
Jun. 30, 2012
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, 2012 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.


 

 

 

Businesses marked with * are sometimes referred to as the "competitive businesses." Eliminations are primarily intersegment activity.

 

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.

Entergy Arkansas [Member]
 
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, 2012 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.

 

Entergy's segment financial information for the seconds quarters of 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Entergy

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$1,959,576 

 

$567,674 

 

$1,008 

 

($9,658)

 

$2,518,600 

Income taxes 

($124,461)

 

$46,218 

 

($43,958)

 

$- 

 

($122,201)

Consolidated net income

$308,525 

 

$81,317 

 

$7,136 

 

($26,395)

 

$370,583 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$2,241,475 

 

$568,076

 

$1,038 

 

($7,310)

 

$2,803,279 

Income taxes 

$139,036 

 

$64,324

 

($52,407)

 

$- 

 

$150,953 

Consolidated net income

$252,741 

 

$65,556

 

$29,946 

 

($27,645)

 

$320,598 

 

Entergy's segment financial information for the six months ended June 30, 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Consolidated

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$3,791,216 

 

$1,127,925

 

$1,967 

 

($18,848)

 

$4,902,260 

Income taxes

($24,754)

 

($44,189)

 

($53,420)

 

$- 

 

($122,363)

Consolidated net income (loss)

$375,738 

 

($87,196)

 

($11,269)

 

($53,429)

 

$223,844 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$4,179,093 

 

$1,178,223

 

$2,138 

 

($14,966)

 

$5,344,488 

Income taxes 

$229,241 

 

$149,265

 

($63,303)

 

$- 

 

$315,203 

Consolidated net income

$421,394 

 

$188,789

 

$19,383 

 

($55,289)

 

$574,277 

 

Businesses marked with * are sometimes referred to as the "competitive businesses." Eliminations are primarily intersegment activity.

 

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.

Entergy Gulf States Louisiana [Member]
 
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, 2012 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.

 

Entergy's segment financial information for the seconds quarters of 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Entergy

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$1,959,576 

 

$567,674 

 

$1,008 

 

($9,658)

 

$2,518,600 

Income taxes 

($124,461)

 

$46,218 

 

($43,958)

 

$- 

 

($122,201)

Consolidated net income

$308,525 

 

$81,317 

 

$7,136 

 

($26,395)

 

$370,583 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$2,241,475 

 

$568,076

 

$1,038 

 

($7,310)

 

$2,803,279 

Income taxes

$139,036 

 

$64,324

 

($52,407)

 

$- 

 

$150,953 

Consolidated net income

$252,741 

 

$65,556

 

$29,946 

 

($27,645)

 

$320,598 

 

Entergy's segment financial information for the six months ended June 30, 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Consolidated

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$3,791,216 

 

$1,127,925

 

$1,967 

 

($18,848)

 

$4,902,260 

Income taxes

($24,754)

 

($44,189)

 

($53,420)

 

$- 

 

($122,363)

Consolidated net income (loss)

$375,738 

 

($87,196)

 

($11,269)

 

($53,429)

 

$223,844 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$4,179,093 

 

$1,178,223

 

$2,138 

 

($14,966)

 

$5,344,488 

Income taxes 

$229,241 

 

$149,265

 

($63,303)

 

$- 

 

$315,203 

Consolidated net income

$421,394 

 

$188,789

 

$19,383 

 

($55,289)

 

$574,277 

 

Businesses marked with * are sometimes referred to as the "competitive businesses." Eliminations are primarily intersegment activity.

 

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.

Entergy Louisiana [Member]
 
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, 2012 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.

 

Entergy's segment financial information for the seconds quarters of 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Entergy

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$1,959,576 

 

$567,674 

 

$1,008 

 

($9,658)

 

$2,518,600 

Income taxes

($124,461)

 

$46,218 

 

($43,958)

 

$- 

 

($122,201)

Consolidated net income

$308,525 

 

$81,317 

 

$7,136 

 

($26,395)

 

$370,583 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$2,241,475 

 

$568,076

 

$1,038 

 

($7,310)

 

$2,803,279 

Income taxes

$139,036 

 

$64,324

 

($52,407)

 

$- 

 

$150,953 

Consolidated net income

$252,741 

 

$65,556

 

$29,946 

 

($27,645)

 

$320,598 

 

Entergy's segment financial information for the six months ended June 30, 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Consolidated

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$3,791,216 

 

$1,127,925

 

$1,967 

 

($18,848)

 

$4,902,260 

Income taxes

($24,754)

 

($44,189)

 

($53,420)

 

$- 

 

($122,363)

Consolidated net income (loss)

$375,738 

 

($87,196)

 

($11,269)

 

($53,429)

 

$223,844 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$4,179,093 

 

$1,178,223

 

$2,138 

 

($14,966)

 

$5,344,488 

Income taxes 

$229,241 

 

$149,265

 

($63,303)

 

$- 

 

$315,203 

Consolidated net income

$421,394 

 

$188,789

 

$19,383 

 

($55,289)

 

$574,277 

 

Businesses marked with * are sometimes referred to as the "competitive businesses." Eliminations are primarily intersegment activity.

 

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.

Entergy Mississippi [Member]
 
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, 2012 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.

 

Entergy's segment financial information for the seconds quarters of 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Entergy

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$1,959,576 

 

$567,674 

 

$1,008 

 

($9,658)

 

$2,518,600 

Income taxes

($124,461)

 

$46,218 

 

($43,958)

 

$- 

 

($122,201)

Consolidated net income

$308,525 

 

$81,317 

 

$7,136 

 

($26,395)

 

$370,583 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$2,241,475 

 

$568,076

 

$1,038 

 

($7,310)

 

$2,803,279 

Income taxes

$139,036 

 

$64,324

 

($52,407)

 

$- 

 

$150,953 

Consolidated net income

$252,741 

 

$65,556

 

$29,946 

 

($27,645)

 

$320,598 

 

Entergy's segment financial information for the six months ended June 30, 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Consolidated

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$3,791,216 

 

$1,127,925

 

$1,967 

 

($18,848)

 

$4,902,260 

Income taxes

($24,754)

 

($44,189)

 

($53,420)

 

$- 

 

($122,363)

Consolidated net income (loss)

$375,738 

 

($87,196)

 

($11,269)

 

($53,429)

 

$223,844 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$4,179,093 

 

$1,178,223

 

$2,138 

 

($14,966)

 

$5,344,488 

Income taxes 

$229,241 

 

$149,265

 

($63,303)

 

$- 

 

$315,203 

Consolidated net income

$421,394 

 

$188,789

 

$19,383 

 

($55,289)

 

$574,277 

 

Businesses marked with * are sometimes referred to as the "competitive businesses." Eliminations are primarily intersegment activity.

 

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.

Entergy New Orleans
 
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, 2012 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.

 

Entergy's segment financial information for the seconds quarters of 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Entergy

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$1,959,576 

 

$567,674 

 

$1,008 

 

($9,658)

 

$2,518,600 

Income taxes

($124,461)

 

$46,218 

 

($43,958)

 

$- 

 

($122,201)

Consolidated net income

$308,525 

 

$81,317 

 

$7,136 

 

($26,395)

 

$370,583 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$2,241,475 

 

$568,076

 

$1,038 

 

($7,310)

 

$2,803,279 

Income taxes

$139,036 

 

$64,324

 

($52,407)

 

$- 

 

$150,953 

Consolidated net income

$252,741 

 

$65,556

 

$29,946 

 

($27,645)

 

$320,598 

 

Entergy's segment financial information for the six months ended June 30, 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Consolidated

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$3,791,216 

 

$1,127,925

 

$1,967 

 

($18,848)

 

$4,902,260 

Income taxes 

($24,754)

 

($44,189)

 

($53,420)

 

$- 

 

($122,363)

Consolidated net income (loss)

$375,738 

 

($87,196)

 

($11,269)

 

($53,429)

 

$223,844 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$4,179,093 

 

$1,178,223

 

$2,138 

 

($14,966)

 

$5,344,488 

Income taxes 

$229,241 

 

$149,265

 

($63,303)

 

$- 

 

$315,203 

Consolidated net income

$421,394 

 

$188,789

 

$19,383 

 

($55,289)

 

$574,277 

 

Businesses marked with * are sometimes referred to as the "competitive businesses." Eliminations are primarily intersegment activity.

 

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.

Entergy Texas [Member]
 
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, 2012 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.

 

Entergy's segment financial information for the seconds quarters of 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Entergy

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$1,959,576 

 

$567,674 

 

$1,008 

 

($9,658)

 

$2,518,600 

Income taxes

($124,461)

 

$46,218 

 

($43,958)

 

$- 

 

($122,201)

Consolidated net income

$308,525 

 

$81,317 

 

$7,136 

 

($26,395)

 

$370,583 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$2,241,475 

 

$568,076

 

$1,038 

 

($7,310)

 

$2,803,279 

Income taxes 

$139,036 

 

$64,324

 

($52,407)

 

$- 

 

$150,953 

Consolidated net income

$252,741 

 

$65,556

 

$29,946 

 

($27,645)

 

$320,598 

 

Entergy's segment financial information for the six months ended June 30, 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Consolidated

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$3,791,216 

 

$1,127,925

 

$1,967 

 

($18,848)

 

$4,902,260 

Income taxes

($24,754)

 

($44,189)

 

($53,420)

 

$- 

 

($122,363)

Consolidated net income (loss)

$375,738 

 

($87,196)

 

($11,269)

 

($53,429)

 

$223,844 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$4,179,093 

 

$1,178,223

 

$2,138 

 

($14,966)

 

$5,344,488 

Income taxes

$229,241 

 

$149,265

 

($63,303)

 

$- 

 

$315,203 

Consolidated net income

$421,394 

 

$188,789

 

$19,383 

 

($55,289)

 

$574,277 

 

Businesses marked with * are sometimes referred to as the "competitive businesses." Eliminations are primarily intersegment activity.

 

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.

System Energy [Member]
 
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, 2012 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.

 

Entergy's segment financial information for the seconds quarters of 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Entergy

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$1,959,576 

 

$567,674 

 

$1,008 

 

($9,658)

 

$2,518,600 

Income taxes

($124,461)

 

$46,218 

 

($43,958)

 

$- 

 

($122,201)

Consolidated net income

$308,525 

 

$81,317 

 

$7,136 

 

($26,395)

 

$370,583 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$2,241,475 

 

$568,076

 

$1,038 

 

($7,310)

 

$2,803,279 

Income taxes

$139,036 

 

$64,324

 

($52,407)

 

$- 

 

$150,953 

Consolidated net income

$252,741 

 

$65,556

 

$29,946 

 

($27,645)

 

$320,598 

 

Entergy's segment financial information for the six months ended June 30, 2012 and 2011 is as follows:

 

 



Utility

 

Entergy
Wholesale
Commodities*

 



All Other

 



Eliminations

 



Consolidated

 

(In Thousands)

2012

 

 

 

 

 

 

 

 

 

Operating revenues

$3,791,216 

 

$1,127,925

 

$1,967 

 

($18,848)

 

$4,902,260 

Income taxes 

($24,754)

 

($44,189)

 

($53,420)

 

$- 

 

($122,363)

Consolidated net income (loss)

$375,738 

 

($87,196)

 

($11,269)

 

($53,429)

 

$223,844 



 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Operating revenues

$4,179,093 

 

$1,178,223

 

$2,138 

 

($14,966)

 

$5,344,488 

Income taxes 

$229,241 

 

$149,265

 

($63,303)

 

$- 

 

$315,203 

Consolidated net income

$421,394 

 

$188,789

 

$19,383 

 

($55,289)

 

$574,277 

 

Businesses marked with * are sometimes referred to as the "competitive businesses." Eliminations are primarily intersegment activity.

 

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.