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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
OPERATING REVENUES        
Electric $ 2,825,143 $ 2,824,055 $ 7,289,280 $ 7,424,360
Natural gas 24,517 28,039 111,805 141,727
Competitive businesses 521,746 606,016 1,603,643 2,097,516
TOTAL 3,371,406 3,458,110 9,004,728 9,663,603
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 739,449 858,901 1,919,605 2,006,811
Purchased power 449,784 465,106 1,114,736 1,557,631
Nuclear refueling outage expenses 68,577 71,651 200,575 197,692
Other operation and maintenance 852,385 841,939 2,450,368 2,392,590
Asset Write-Offs, Impairments, And Related Charges 1,642,204 163,835 1,642,204 167,772
Decommissioning 68,888 68,370 207,617 201,418
Taxes other than income taxes 158,134 159,735 472,035 466,939
Depreciation and amortization 334,841 332,079 1,007,181 992,544
Other regulatory charges (credits) - net 22,160 3,635 35,271 (7,010)
TOTAL 4,336,422 2,965,251 9,049,592 7,976,387
OPERATING INCOME (LOSS) (965,016) 492,859 (44,864) 1,687,216
OTHER INCOME        
Allowance for equity funds used during construction 14,129 16,737 37,841 46,654
Interest and investment income 39,054 49,547 146,893 109,040
Miscellaneous - net (10,005) (6,644) (34,769) (33,026)
TOTAL 43,178 59,640 149,965 122,668
INTEREST EXPENSE        
Interest expense 171,349 164,482 503,546 491,359
Allowance for borrowed funds used during construction (7,289) (8,664) (19,450) (24,199)
TOTAL 164,060 155,818 484,096 467,160
INCOME (LOSS) BEFORE INCOME TAXES (1,085,898) 396,681 (378,995) 1,342,724
Income taxes (367,665) 161,765 (117,412) 507,474
CONSOLIDATED NET INCOME (LOSS) (718,233) 234,916 (261,583) [1] 835,250 [1]
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 4,794 4,879 14,552 14,656
EARNINGS APPLICABLE TO COMMON STOCK $ (723,027) $ 230,037 $ (276,135) $ 820,594
Earnings (loss) per average common share:        
Basic (in dollars per share) $ (4.04) $ 1.28 $ (1.54) $ 4.58
Diluted (in dollars per share) (4.04) 1.27 (1.54) 4.56
Dividends declared per common share (in dollars per share) $ 0.83 $ 0.83 $ 2.49 $ 2.49
Basic average number of common shares outstanding (in shares) 179,151,832 179,610,067 179,442,172 179,256,975
Diluted average number of common shares outstanding (in shares) 179,151,832 180,527,116 179,442,172 179,867,018
Entergy Arkansas [Member]        
OPERATING REVENUES        
Electric $ 714,353 $ 627,153 $ 1,777,415 $ 1,653,656
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 176,164 86,932 426,351 196,007
Purchased power 105,321 141,042 285,806 433,513
Nuclear refueling outage expenses 13,603 12,541 39,109 30,717
Other operation and maintenance 214,536 170,868 544,446 468,124
Decommissioning 12,713 11,938 37,508 34,853
Taxes other than income taxes 28,905 26,081 77,589 69,515
Depreciation and amortization 61,527 59,805 183,169 176,634
Other regulatory charges (credits) - net (7,652) 2,589 (17,604) (6,394)
TOTAL 605,117 511,796 1,576,374 1,402,969
OPERATING INCOME (LOSS) 109,236 115,357 201,041 250,687
OTHER INCOME        
Allowance for equity funds used during construction 3,950 1,816 9,856 5,229
Interest and investment income 4,541 12,812 18,354 20,425
Miscellaneous - net (1,036) (30) (1,724) (761)
TOTAL 7,455 14,598 26,486 24,893
INTEREST EXPENSE        
Interest expense 26,360 23,342 79,264 69,863
Allowance for borrowed funds used during construction (2,246) (942) (5,321) (2,728)
TOTAL 24,114 22,400 73,943 67,135
INCOME (LOSS) BEFORE INCOME TAXES 92,577 107,555 153,584 208,445
Income taxes 36,915 44,575 58,532 88,090
CONSOLIDATED NET INCOME (LOSS) 55,662 62,980 95,052 120,355
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 1,718 1,718 5,155 5,155
EARNINGS APPLICABLE TO COMMON STOCK 53,944 61,262 89,897 115,200
Entergy Louisiana [Member]        
OPERATING REVENUES        
Electric 809,939 870,181 2,117,657 2,230,083
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 178,138 289,480 453,627 549,087
Purchased power 202,973 211,954 536,553 719,697
Nuclear refueling outage expenses 5,718 6,995 18,469 23,636
Other operation and maintenance 129,516 123,809 399,141 352,579
Decommissioning 6,521 6,201 19,319 18,370
Taxes other than income taxes 21,797 18,524 62,309 58,014
Depreciation and amortization 70,470 63,479 209,713 189,000
Other regulatory charges (credits) - net 1,123 (10,856) (6,711) (26,128)
TOTAL 616,256 709,586 1,692,420 1,884,255
OPERATING INCOME (LOSS) 193,683 160,595 425,237 345,828
OTHER INCOME        
Allowance for equity funds used during construction 3,243 10,066 9,625 28,159
Interest and investment income 25,529 34,212 77,637 76,476
Miscellaneous - net 44 320 (2,200) 1,462
TOTAL 28,816 44,598 85,062 106,097
INTEREST EXPENSE        
Interest expense 42,718 42,334 129,172 123,709
Allowance for borrowed funds used during construction (1,763) (5,293) (5,230) (14,809)
TOTAL 40,955 37,041 123,942 108,900
INCOME (LOSS) BEFORE INCOME TAXES 181,544 168,152 386,357 343,025
Income taxes 62,544 44,331 120,075 91,159
CONSOLIDATED NET INCOME (LOSS) 119,000 123,821 266,282 251,866
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 1,680 1,738 5,155 5,232
EARNINGS APPLICABLE TO COMMON STOCK 117,320 122,083 261,127 246,634
Entergy Mississippi [Member]        
OPERATING REVENUES        
Electric 410,743 425,341 1,116,533 1,144,175
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 89,512 85,185 244,331 219,013
Purchased power 120,697 145,266 308,618 393,054
Other operation and maintenance 60,504 69,259 190,690 193,959
Write-Off Of Regulatory Asset For New Nuclear 0 60,857 0 60,857
Taxes other than income taxes 24,082 22,060 72,219 66,060
Depreciation and amortization 32,459 28,625 95,888 85,130
Other regulatory charges (credits) - net 9,225 4,686 17,598 504
TOTAL 336,479 415,938 929,344 1,018,577
OPERATING INCOME (LOSS) 74,264 9,403 187,189 125,598
OTHER INCOME        
Allowance for equity funds used during construction 713 579 2,094 1,428
Interest and investment income 50 274 105 938
Miscellaneous - net (743) (728) (2,675) (2,981)
TOTAL 20 125 (476) (615)
INTEREST EXPENSE        
Interest expense 14,527 14,099 43,164 42,923
Allowance for borrowed funds used during construction (376) (303) (1,117) (745)
TOTAL 14,151 13,796 42,047 42,178
INCOME (LOSS) BEFORE INCOME TAXES 60,133 (4,268) 144,666 82,805
Income taxes 23,557 2,196 56,876 36,866
CONSOLIDATED NET INCOME (LOSS) 36,576 (6,464) 87,790 45,939
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 707 707 2,121 2,121
EARNINGS APPLICABLE TO COMMON STOCK 35,869 (7,171) 85,669 43,818
Entergy New Orleans [Member]        
OPERATING REVENUES        
Electric 194,056 180,771 458,796 488,526
Natural gas 15,677 17,753 68,314 86,141
TOTAL 209,733 198,524 527,110 574,667
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 44,085 47,251 81,807 145,058
Purchased power 75,107 67,446 209,626 206,613
Other operation and maintenance 29,792 30,880 89,872 92,421
Taxes other than income taxes 13,134 12,984 36,302 38,548
Depreciation and amortization 10,929 11,480 32,529 33,930
Other regulatory charges (credits) - net 1,952 87 1,340 539
TOTAL 174,999 170,128 451,476 517,109
OPERATING INCOME (LOSS) 34,734 28,396 75,634 57,558
OTHER INCOME        
Allowance for equity funds used during construction 389 372 1,022 1,321
Interest and investment income 15 176 53 226
Miscellaneous - net (81) (157) 532 (631)
TOTAL 323 391 1,607 916
INTEREST EXPENSE        
Interest expense 4,480 4,155 13,086 12,531
Allowance for borrowed funds used during construction (177) (190) (471) (668)
TOTAL 4,303 3,965 12,615 11,863
INCOME (LOSS) BEFORE INCOME TAXES 30,754 24,822 64,626 46,611
Income taxes 11,591 8,872 23,275 15,939
CONSOLIDATED NET INCOME (LOSS) 19,163 15,950 41,351 30,672
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 241 241 724 724
EARNINGS APPLICABLE TO COMMON STOCK 18,922 15,709 40,627 29,948
Entergy Texas [Member]        
OPERATING REVENUES        
Electric 498,249 528,508 1,312,381 1,451,696
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 72,850 92,748 197,017 232,974
Purchased power 202,864 228,755 557,912 686,794
Other operation and maintenance 65,253 56,367 187,840 166,556
Taxes other than income taxes 18,644 18,873 54,555 52,631
Depreciation and amortization 25,795 25,041 76,356 74,398
Other regulatory charges (credits) - net 26,219 23,813 64,000 59,218
TOTAL 411,625 445,597 1,137,680 1,272,571
OPERATING INCOME (LOSS) 86,624 82,911 174,701 179,125
OTHER INCOME        
Allowance for equity funds used during construction 1,371 726 3,912 2,182
Interest and investment income (5) 307 (411) 782
Miscellaneous - net (133) (277) (247) (1,617)
TOTAL 1,233 756 3,254 1,347
INTEREST EXPENSE        
Interest expense 21,917 21,352 64,475 66,961
Allowance for borrowed funds used during construction (886) (505) (2,542) (1,520)
TOTAL 21,031 20,847 61,933 65,441
INCOME (LOSS) BEFORE INCOME TAXES 66,826 62,820 116,022 115,031
Income taxes 23,512 23,261 41,227 43,722
CONSOLIDATED NET INCOME (LOSS) 43,314 39,559 74,795 71,309
System Energy [Member]        
OPERATING REVENUES        
Electric 155,899 172,151 475,039 493,648
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 22,984 23,286 66,400 60,545
Nuclear refueling outage expenses 5,244 5,808 16,346 17,501
Other operation and maintenance 39,520 44,573 116,309 113,373
Decommissioning 12,095 10,546 35,695 31,106
Taxes other than income taxes 6,497 6,283 20,263 19,157
Depreciation and amortization 35,091 33,941 109,398 107,252
Other regulatory charges (credits) - net (12,667) (10,770) (29,761) (22,346)
TOTAL 108,764 113,667 334,650 326,588
OPERATING INCOME (LOSS) 47,135 58,484 140,389 167,060
OTHER INCOME        
Allowance for equity funds used during construction 2,252 1,295 5,945 3,499
Interest and investment income 4,732 2,921 12,195 8,724
Miscellaneous - net (129) (88) (567) (289)
TOTAL 6,855 4,128 17,573 11,934
INTEREST EXPENSE        
Interest expense 10,404 15,501 35,764 43,102
Allowance for borrowed funds used during construction (595) (338) (1,571) (920)
TOTAL 9,809 15,163 34,193 42,182
INCOME (LOSS) BEFORE INCOME TAXES 44,181 47,449 123,769 136,812
Income taxes 18,958 20,719 51,153 59,532
CONSOLIDATED NET INCOME (LOSS) $ 25,223 $ 26,730 $ 72,616 $ 77,280
[1] Consolidated net income and preferred dividend requirements of subsidiaries for 2015 and 2014 include $9.6 million and $9.7 million, respectively, of preferred dividends on subsidiaries’ preferred stock without sinking fund that is not presented within equity.