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Equity (Tables)
 6 Months Ended
Jun. 30, 2016
Schedule Of Earnings Per Share Basic And Diluted
The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements:
 
For the Three Months Ended June 30,
 
2016
 
2015
 
(In Millions, Except Per Share Data)
Basic earnings per share
Income
 
Shares
 
$/share
 
Income
 
Shares
 
$/share
Net income attributable to Entergy Corporation

$567.3

 
178.8

 

$3.17

 

$148.8

 
179.5

 

$0.83

Average dilutive effect of:
 
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
0.2

 
—

 
 
 
0.2

 
—

Other equity plans
 
 
0.5

 
(0.01
)
 
 
 
0.4

 
—

Diluted earnings per share

$567.3

 
179.5

 

$3.16

 

$148.8

 
180.1

 

$0.83


The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 4.1 million for the three months ended June 30, 2016 and approximately 5.1 million for the three months ended June 30, 2015.
 
For the Six Months Ended June 30,
 
2016
 
2015
 
(In Millions, Except Per Share Data)
Basic earnings per share
Income
 
Shares
 
$/share
 
Income
 
Shares
 
$/share
Net income attributable to Entergy Corporation

$797.3

 
178.7

 

$4.46

 

$446.9

 
179.6

 

$2.49

Average dilutive effect of:
 
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
0.1

 
—

 
 
 
0.4

 
(0.01
)
Other equity plans
 
 
0.4

 
(0.01
)
 
 
 
0.3

 
—

Diluted earnings per share

$797.3

 
179.2

 

$4.45

 

$446.9

 
180.3

 

$2.48
Schedule of Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana.  The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2016 by component:
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, April 1, 2016

$96,464

 

($459,042
)
 

$390,626

 

$1,744

 

$29,792

Other comprehensive income (loss) before reclassifications
(34,138
)
 
—

 
24,016

 
(904
)
 
(11,026
)
Amounts reclassified from accumulated other comprehensive income (loss)
(29,903
)
 
5,043

 
(3,061
)
 
—

 
(27,921
)
Net other comprehensive income (loss) for the period
(64,041
)
 
5,043

 
20,955

 
(904
)
 
(38,947
)
Ending balance, June 30, 2016

$32,423

 

($453,999
)
 

$411,581

 

$840

 

($9,155
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2015 by component:
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, April 1, 2015

$68,788

 

($561,341
)
 

$430,698

 

$2,118

 

($59,737
)
Other comprehensive income (loss) before reclassifications
88,796

 
—

 
(25,108
)
 
667

 
64,355

Amounts reclassified from accumulated other comprehensive income (loss)
(50,100
)
 
7,438

 
(8,772
)
 
—

 
(51,434
)
Net other comprehensive income (loss) for the period
38,696

 
7,438

 
(33,880
)
 
667

 
12,921

Ending balance, June 30, 2015

$107,484

 

($553,903
)
 

$396,818

 

$2,785

 

($46,816
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2016 by component:
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, January 1, 2016

$105,970

 

($466,604
)
 

$367,557

 

$2,028

 

$8,951

Other comprehensive income (loss) before reclassifications
56,169

 
—

 
49,048

 
(1,188
)
 
104,029

Amounts reclassified from accumulated other comprehensive income (loss)
(129,716
)
 
12,605

 
(5,024
)
 
—

 
(122,135
)
Net other comprehensive income (loss) for the period
(73,547
)
 
12,605

 
44,024

 
(1,188
)
 
(18,106
)
Ending balance, June 30, 2016

$32,423

 

($453,999
)
 

$411,581

 

$840

 

($9,155
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2015 by component:
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, January 1, 2015

$98,118

 

($569,789
)
 

$426,695

 

$2,669

 

($42,307
)
Other comprehensive income (loss) before reclassifications
67,900

 
13

 
(12,450
)
 
116

 
55,579

Amounts reclassified from accumulated other comprehensive income (loss)
(58,534
)
 
15,873

 
(17,427
)
 
—

 
(60,088
)
Net other comprehensive income (loss) for the period
9,366

 
15,886

 
(29,877
)
 
116

 
(4,509
)
Ending balance, June 30, 2015

$107,484

 

($553,903
)
 

$396,818

 

$2,785

 

($46,816
)
Reclassification out of Accumulated Other Comprehensive Income
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended June 30, 2016 are as follows:
 
Amounts
reclassified
from
AOCI
 
Income Statement Location
 
(In Thousands)
 
 
Cash flow hedges net unrealized gain (loss)
 
 
 
   Power contracts

$45,975

 
Competitive business operating revenues
   Interest rate swaps
30

 
Miscellaneous - net
Total realized gain (loss) on cash flow hedges
46,005

 
 
 
(16,102
)
 
Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$29,903

 
 
 
 
 
 
Pension and other postretirement liabilities
 
 
 
   Amortization of prior-service credit

$7,355

 
(a)
   Amortization of loss
(15,177
)
 
(a)
Total amortization
(7,822
)
 
 
 
2,779

 
Income taxes
Total amortization (net of tax)

($5,043
)
 
 
 
 
 
 
Net unrealized investment gain (loss)
 
 
 
Realized gain (loss)

$6,000

 
Interest and investment income
 
(2,939
)
 
Income taxes
Total realized investment gain (loss) (net of tax)

$3,061

 
 
 
 
 
 
Total reclassifications for the period (net of tax)

$27,921

 
 


(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended June 30, 2015 are as follows:

Amounts
reclassified
from
AOCI

Income Statement Location

(In Thousands)


Cash flow hedges net unrealized gain (loss)



   Power contracts

$77,587


Competitive business operating revenues
   Interest rate swaps
(510
)

Miscellaneous - net
Total realized gain (loss) on cash flow hedges
77,077




(26,977
)

Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$50,100








Pension and other postretirement liabilities




   Amortization of prior-service credit

$5,985


(a)
   Amortization of loss
(17,588
)

(a)
Total amortization
(11,603
)



4,165


Income taxes
Total amortization (net of tax)

($7,438
)






Net unrealized investment gain (loss)



Realized gain (loss)

$17,201


Interest and investment income

(8,429
)

Income taxes
Total realized investment gain (loss) (net of tax)

$8,772








Total reclassifications for the period (net of tax)

$51,434



    
(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the six months ended June 30, 2016 are as follows:

Amounts
reclassified
from
AOCI

Income Statement Location

(In Thousands)


Cash flow hedges net unrealized gain (loss)



   Power contracts

$199,933


Competitive business operating revenues
   Interest rate swaps
(370
)

Miscellaneous - net
Total realized gain (loss) on cash flow hedges
199,563




(69,847
)

Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$129,716








Pension and other postretirement liabilities




   Amortization of prior-service credit

$14,710


(a)
   Amortization of loss
(30,352
)

(a)
Total amortization
(15,642
)



3,037


Income taxes
Total amortization (net of tax)

($12,605
)






Net unrealized investment gain (loss)



Realized gain (loss)

$9,850


Interest and investment income

(4,826
)

Income taxes
Total realized investment gain (loss) (net of tax)

$5,024








Total reclassifications for the period (net of tax)

$122,135




(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the six months ended June 30, 2015 are as follows:
 
Amounts
reclassified
from
AOCI
 
Income Statement Location
 
(In Thousands)
 
 
Cash flow hedges net unrealized gain (loss)
 
 
 
   Power contracts

$91,109

 
Competitive business operating revenues
   Interest rate swaps
(1,056
)
 
Miscellaneous - net
Total realized gain (loss) on cash flow hedges
90,053

 
 
 
(31,519
)
 
Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$58,534

 
 
 
 
 
 
Pension and other postretirement liabilities
 
 
 
   Amortization of prior-service credit

$11,971

 
(a)
   Amortization of loss
(35,176
)
 
(a)
Total amortization
(23,205
)
 
 
 
7,332

 
Income taxes
Total amortization (net of tax)

($15,873
)
 
 
 
 
 
 
Net unrealized investment gain (loss)
 
 
 
Realized gain (loss)

$34,171

 
Interest and investment income
 
(16,744
)
 
Income taxes
Total realized investment gain (loss) (net of tax)

$17,427

 
 
 
 
 
 
Total reclassifications for the period (net of tax)

$60,088

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.
Entergy Louisiana [Member]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2016:
 
 
Pension and Other
Postretirement Liabilities
 
 
(In Thousands)
Beginning balance April 1, 2016
 

($56,675
)
Amounts reclassified from accumulated other
comprehensive income (loss)
 
(230
)
Net other comprehensive income (loss) for the period
 
(230
)
Ending balance, June 30, 2016
 

($56,905
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2015:
 
 
Pension and Other
Postretirement Liabilities
 
 
(In Thousands)
Beginning balance April 1, 2015


($78,843
)
Amounts reclassified from accumulated other
comprehensive income (loss)

412

Net other comprehensive income (loss) for the period

412

Ending balance, June 30, 2015


($78,431
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 2016:
 
 
Pension and Other
Postretirement Liabilities
 
 
(In Thousands)
Beginning balance, January 1, 2016
 

($56,412
)
Amounts reclassified from accumulated other
comprehensive income (loss)
 
(493
)
Net other comprehensive income (loss) for the period
 
(493
)
Ending balance, June 30, 2016
 

($56,905
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 2015:
 
 
Pension and Other
Postretirement Liabilities
 
 
(In Thousands)
Beginning balance, January 1, 2015
 

($79,223
)
Amounts reclassified from accumulated other
comprehensive income (loss)
 
792

Net other comprehensive income (loss) for the period
 
792

Ending balance, June 30, 2015
 

($78,431
)
Reclassification out of Accumulated Other Comprehensive Income
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Louisiana for the three months ended June 30, 2016 are as follows:
 
 
Amounts reclassified
from AOCI
 
Income Statement Location
 
 
(In Thousands)
 
 
Pension and other postretirement liabilities
 
 
 
 
   Amortization of prior-service credit
 

$1,947

 
(a)
   Amortization of loss
 
(1,573
)
 
(a)
Total amortization
 
374

 
 
 
 
(144
)
 
Income taxes
Total amortization (net of tax)
 
230

 
 
 
 
 
 
 
Total reclassifications for the period (net of tax)
 

$230

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Louisiana for the three months ended June 30, 2015 are as follows:


Amounts reclassified
from AOCI

Income Statement Location

 
(In Thousands)


Pension and other postretirement liabilities




   Amortization of prior-service credit


$1,866


(a)
   Amortization of loss

(2,535
)

(a)
Total amortization

(669
)




257


Income taxes
Total amortization (net of tax)

(412
)








Total reclassifications for the period (net of tax)


($412
)



(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Louisiana for the six months ended June 30, 2016 are as follows:
 
 
Amounts reclassified
from AOCI
 
Income Statement Location
 
 
(In Thousands)
 
 
Pension and other postretirement liabilities
 
 
 
 
   Amortization of prior-service credit
 

$3,894

 
(a)
   Amortization of loss
 
(3,142
)
 
(a)
Total amortization
 
752

 
 
 
 
(259
)
 
Income taxes
Total amortization (net of tax)
 
493

 
 
 
 
 
 
 
Total reclassifications for the period (net of tax)
 

$493

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Louisiana for the six months ended June 30, 2015 are as follows:
 
 
Amounts reclassified
from AOCI
 
Income Statement Location
 
 
(In Thousands)
 
 
Pension and other postretirement liabilities
 
 
 
 
   Amortization of prior-service credit
 

$3,733

 
(a)
   Amortization of loss
 
(5,070
)
 
(a)
Total amortization
 
(1,337
)
 
 
 
 
545

 
Income taxes
Total amortization (net of tax)
 
(792
)
 
 
 
 
 
 
 
Total reclassifications for the period (net of tax)
 

($792
)
 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.