XML 43 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING REVENUES    
Electric $ 1,991,740 $ 2,042,160
Natural gas 43,351 45,613
Competitive businesses 553,367 522,079
TOTAL 2,588,458 2,609,852
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 417,566 504,967
Purchased power 357,768 262,323
Nuclear refueling outage expenses 42,564 51,230
Other operation and maintenance 867,546 731,915
Asset Write-Offs, Impairments, And Related Charges 211,791 7,361
Decommissioning 114,374 68,628
Taxes other than income taxes 156,353 149,778
Depreciation and amortization 347,265 334,273
Other regulatory charges (credits) - net (85,302) 1,159
TOTAL 2,429,925 2,111,634
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property (16,270) 0
OPERATING INCOME 174,803 498,218
OTHER INCOME    
Allowance for equity funds used during construction 19,008 18,932
Investment Income, Net 56,549 32,753
Miscellaneous - net 5,501 (10,587)
TOTAL 81,058 41,098
INTEREST EXPENSE    
Interest expense 171,089 173,811
Allowance for borrowed funds used during construction (9,042) (9,682)
TOTAL 162,047 164,129
INCOME BEFORE INCOME TAXES 93,814 375,187
Income taxes 7,763 139,945
CONSOLIDATED NET INCOME [1] 86,051 235,242
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 3,446 5,276
EARNINGS APPLICABLE TO COMMON STOCK $ 82,605 $ 229,966
Earnings per average common share:    
Basic (in dollars per share) $ 0.46 $ 1.29
Diluted (in dollars per share) 0.46 1.28
Dividends declared per common share (in dollars per share) $ 0.87 $ 0.85
Basic average number of common shares outstanding (in shares) 179,335,063 178,578,536
Diluted average number of common shares outstanding (in shares) 179,842,053 178,976,380
Entergy Arkansas [Member]    
OPERATING REVENUES    
Electric $ 474,351 $ 465,373
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 99,409 80,937
Purchased power 55,133 61,804
Nuclear refueling outage expenses 19,619 15,069
Other operation and maintenance 165,857 152,906
Decommissioning 13,895 13,103
Taxes other than income taxes 24,051 23,086
Depreciation and amortization 67,066 63,173
Other regulatory charges (credits) - net (10,526) 917
TOTAL 434,504 410,995
OPERATING INCOME 39,847 54,378
OTHER INCOME    
Allowance for equity funds used during construction 4,350 4,932
Investment Income, Net 6,932 3,594
Miscellaneous - net (107) (775)
TOTAL 11,175 7,751
INTEREST EXPENSE    
Interest expense 27,252 32,782
Allowance for borrowed funds used during construction (1,962) (2,715)
TOTAL 25,290 30,067
INCOME BEFORE INCOME TAXES 25,732 32,062
Income taxes 11,428 12,768
CONSOLIDATED NET INCOME 14,304 19,294
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 357 1,718
EARNINGS APPLICABLE TO COMMON STOCK 13,947 17,576
Entergy Louisiana [Member]    
OPERATING REVENUES    
Electric 864,076 936,431
Natural gas 16,707 18,714
TOTAL 880,783 955,145
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 154,044 202,083
Purchased power 239,827 191,398
Nuclear refueling outage expenses 12,185 12,780
Other operation and maintenance 223,230 206,064
Decommissioning 12,123 11,508
Taxes other than income taxes 45,283 42,362
Depreciation and amortization 115,630 109,591
Other regulatory charges (credits) - net (74,187) (2,259)
TOTAL 728,135 773,527
OPERATING INCOME 152,648 181,618
OTHER INCOME    
Allowance for equity funds used during construction 9,990 7,238
Investment Income, Net 39,830 37,416
Miscellaneous - net (3,024) (3,745)
TOTAL 46,796 40,909
INTEREST EXPENSE    
Interest expense 67,315 65,076
Allowance for borrowed funds used during construction (5,174) (3,897)
TOTAL 62,141 61,179
INCOME BEFORE INCOME TAXES 137,303 161,348
Income taxes 42,925 49,742
CONSOLIDATED NET INCOME 94,378 111,606
Entergy Mississippi [Member]    
OPERATING REVENUES    
Electric 258,443 263,046
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 39,140 61,380
Purchased power 71,070 55,383
Other operation and maintenance 55,173 51,273
Taxes other than income taxes 23,972 23,497
Depreciation and amortization 35,317 33,298
Other regulatory charges (credits) - net (5,837) (3,358)
TOTAL 218,835 221,473
OPERATING INCOME 39,608 41,573
OTHER INCOME    
Allowance for equity funds used during construction 1,843 1,286
Investment Income, Net 26 121
Miscellaneous - net (425) (705)
TOTAL 1,444 702
INTEREST EXPENSE    
Interest expense 12,672 14,742
Allowance for borrowed funds used during construction (720) (667)
TOTAL 11,952 14,075
INCOME BEFORE INCOME TAXES 29,100 28,200
Income taxes 11,942 11,082
CONSOLIDATED NET INCOME 17,158 17,118
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 238 707
EARNINGS APPLICABLE TO COMMON STOCK 16,920 16,411
Entergy New Orleans [Member]    
OPERATING REVENUES    
Electric 142,345 122,441
Natural gas 26,644 26,899
TOTAL 168,989 149,340
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 30,075 10,921
Purchased power 68,359 68,525
Other operation and maintenance 22,512 22,842
Taxes other than income taxes 12,846 11,512
Depreciation and amortization 13,050 11,764
Other regulatory charges (credits) - net 385 1,896
TOTAL 147,227 127,460
OPERATING INCOME 21,762 21,880
OTHER INCOME    
Allowance for equity funds used during construction 450 313
Investment Income, Net 135 69
Miscellaneous - net 98 (245)
TOTAL 683 137
INTEREST EXPENSE    
Interest expense 5,343 4,373
Allowance for borrowed funds used during construction (158) (126)
TOTAL 5,185 4,247
INCOME BEFORE INCOME TAXES 17,260 17,770
Income taxes 6,282 6,603
CONSOLIDATED NET INCOME 10,978 11,167
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 241 241
EARNINGS APPLICABLE TO COMMON STOCK 10,737 10,926
Entergy Texas [Member]    
OPERATING REVENUES    
Electric 363,927 378,304
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 58,013 92,404
Purchased power 150,384 130,412
Other operation and maintenance 53,906 53,035
Taxes other than income taxes 19,444 18,310
Depreciation and amortization 28,111 25,619
Other regulatory charges (credits) - net 15,227 17,255
TOTAL 325,085 337,035
OPERATING INCOME 38,842 41,269
OTHER INCOME    
Allowance for equity funds used during construction 1,281 2,432
Investment Income, Net 201 200
Miscellaneous - net (182) (416)
TOTAL 1,300 2,216
INTEREST EXPENSE    
Interest expense 21,808 21,601
Allowance for borrowed funds used during construction (761) (1,581)
TOTAL 21,047 20,020
INCOME BEFORE INCOME TAXES 19,095 23,465
Income taxes 8,241 8,903
CONSOLIDATED NET INCOME 10,854 14,562
System Energy [Member]    
OPERATING REVENUES    
Electric 154,787 137,693
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 15,334 13,428
Nuclear refueling outage expenses 4,773 4,584
Other operation and maintenance 48,401 32,160
Decommissioning 13,232 12,387
Taxes other than income taxes 6,424 6,252
Depreciation and amortization 35,441 34,707
Other regulatory charges (credits) - net (10,362) (13,291)
TOTAL 113,243 90,227
OPERATING INCOME 41,544 47,466
OTHER INCOME    
Allowance for equity funds used during construction 1,094 2,729
Investment Income, Net 4,674 3,274
Miscellaneous - net (128) (92)
TOTAL 5,640 5,911
INTEREST EXPENSE    
Interest expense 9,119 9,552
Allowance for borrowed funds used during construction (267) (696)
TOTAL 8,852 8,856
INCOME BEFORE INCOME TAXES 38,332 44,521
Income taxes 17,985 18,563
CONSOLIDATED NET INCOME $ 20,347 $ 25,958
[1] (a) Consolidated net income and preferred dividend requirements of subsidiaries for 2017 and 2016 include $3.4 million and $5.3 million, respectively, of preferred dividends on subsidiaries’ preferred stock without sinking fund that is not presented within equity.