XML 44 R3.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES    
Consolidated net income [1] $ 86,051 $ 235,242
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 531,373 500,248
Deferred income taxes, investment tax credits, and non-current taxes accrued 16,497 75,415
Impairment of Long-Lived Assets Held-for-use 145,026 7,361
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property (16,270) 0
Changes in working capital:    
Receivables 156,201 76,532
Fuel inventory 6,465 (9,089)
Accounts payable (47,682) (67,364)
Taxes accrued (58,832) (15,996)
Interest accrued (13,921) (27,535)
Deferred fuel costs (7,389) 97,566
Other working capital accounts (7,324) (95,291)
Changes in provisions for estimated losses (4,031) (3,968)
Changes in other regulatory assets 47,497 56,047
Changes in other regulatory liabilities (18,324) 18,735
Changes in pensions and other postretirement liabilities (86,430) (89,046)
Other Noncash Income (Expense) (199,514) (226,036)
Net cash flow provided by operating activities 529,393 532,821
INVESTING ACTIVITIES    
Construction/capital expenditures (794,448) (636,011)
Allowance for equity funds used during construction 19,254 19,107
Payments to Acquire Property, Plant, and Equipment 0 (947,778)
Nuclear fuel purchases (137,613) (85,819)
Payments for Nuclear Fuel (137,613) (85,819)
Payments to storm reserve escrow account (480) (367)
Receipts from storm reserve escrow account 8,836 0
Increase in other investments (10,377) (196,509)
Proceeds from Sale of Productive Assets 100,000 0
Proceeds from nuclear decommissioning trust fund sales 513,750 729,414
Investment in nuclear decommissioning trust funds (556,161) (758,665)
Litigation proceeds for reimbursement of spent nuclear fuel storage costs 25,493 0
Proceeds from insurance 20,909 0
Changes in securitization account (963) (1,399)
Net cash flow used in investing activities (811,800) (1,878,027)
Proceeds from the issuance of:    
Proceeds from the issuance of long-term debt 236,198 2,869,808
Common stock and treasury stock 2,448 5,787
Retirement of long-term debt (811,690) (1,903,670)
Changes in credit borrowings and commercial paper - net 908,378 271,730
Dividends paid:    
Common stock (156,073) (151,839)
Preferred stock (3,446) (5,276)
Other 1,810 (644)
Net cash flow provided by financing activities 177,625 1,085,896
Net decrease in cash and cash equivalents (104,782) (259,310)
Cash and cash equivalents at beginning of period 1,187,844 1,350,961
Cash and cash equivalents at end of period 1,083,062 1,091,651
Cash paid / (received) during the period for:    
Interest - net of amount capitalized 178,134 251,305
Income taxes (18,044) 26,382
System Energy [Member]    
OPERATING ACTIVITIES    
Consolidated net income 20,347 25,958
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 61,562 58,717
Deferred income taxes, investment tax credits, and non-current taxes accrued 18,293 49,894
Changes in working capital:    
Receivables 13,953 9,121
Accounts payable (3,008) 16,257
Taxes accrued (15,032) (38,617)
Interest accrued 295 837
Other working capital accounts (1,111) (30,111)
Changes in other regulatory assets (1,571) (8,319)
Changes in pensions and other postretirement liabilities (4,187) (4,576)
Other Noncash Income (Expense) (23,765) (6,005)
Net cash flow provided by operating activities 65,776 73,156
INVESTING ACTIVITIES    
Construction/capital expenditures (14,096) (34,747)
Allowance for equity funds used during construction 1,094 2,729
Change in money pool receivable - net (80,744) 4,728
Nuclear fuel purchases (21,765) (122,320)
Payments for Nuclear Fuel (21,765) (122,320)
Proceeds from sale of nuclear fuel 60,188 0
Proceeds from nuclear decommissioning trust fund sales 75,787 188,506
Investment in nuclear decommissioning trust funds (85,532) (197,996)
Net cash flow used in investing activities (65,068) (159,100)
Proceeds from the issuance of:    
Retirement of long-term debt (50,001) (1)
Changes in credit borrowings and commercial paper - net 43,851 111,012
Dividends paid:    
Other (13) (26)
Net cash flow provided by financing activities (6,163) 110,985
Net decrease in cash and cash equivalents (5,455) 25,041
Cash and cash equivalents at beginning of period 245,863 230,661
Cash and cash equivalents at end of period 240,408 255,702
Cash paid / (received) during the period for:    
Interest - net of amount capitalized 8,593 8,593
Income taxes 0 (6,598)
Entergy Arkansas [Member]    
OPERATING ACTIVITIES    
Consolidated net income 14,304 19,294
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 105,721 102,975
Deferred income taxes, investment tax credits, and non-current taxes accrued 16,361 20,645
Changes in working capital:    
Receivables 53,355 (4,405)
Fuel inventory (5,747) (5,825)
Accounts payable (73,635) 55,077
Taxes accrued 7,175 1,210
Interest accrued 8,562 5,228
Deferred fuel costs (9,137) (37,198)
Other working capital accounts 15,485 15,203
Changes in provisions for estimated losses 1,997 355
Changes in other regulatory assets 1,815 892
Changes in pensions and other postretirement liabilities (19,553) (24,288)
Other Noncash Income (Expense) 37,838 (9,550)
Net cash flow provided by operating activities 154,541 139,613
INVESTING ACTIVITIES    
Construction/capital expenditures (165,496) (171,090)
Allowance for equity funds used during construction 4,557 5,080
Payments to Acquire Property, Plant, and Equipment 0 (236,947)
Change in money pool receivable - net 0 (1,842)
Nuclear fuel purchases (88,537) (22,692)
Payments for Nuclear Fuel (88,537) (22,692)
Proceeds from sale of nuclear fuel 51,029 40,336
Proceeds from nuclear decommissioning trust fund sales 36,013 58,604
Investment in nuclear decommissioning trust funds (40,961) (63,039)
Changes in securitization account (3,702) (3,413)
Other 0 (103)
Net cash flow used in investing activities (207,097) (395,106)
Proceeds from the issuance of:    
Proceeds from the issuance of long-term debt 0 321,289
Proceeds from Contributions from Parent 0 200,000
Retirement of long-term debt 0 (175,002)
Change in money pool payable - net (20,224) (52,742)
Changes in credit borrowings and commercial paper - net 52,300 (11,690)
Dividends paid:    
Preferred stock (357) (1,718)
Other 803 0
Net cash flow provided by financing activities 32,522 280,137
Net decrease in cash and cash equivalents (20,034) 24,644
Cash and cash equivalents at beginning of period 20,509 9,135
Cash and cash equivalents at end of period 475 33,779
Cash paid / (received) during the period for:    
Interest - net of amount capitalized 17,311 20,998
Income taxes 0 7,242
Entergy Louisiana [Member]    
OPERATING ACTIVITIES    
Consolidated net income 94,378 111,606
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 151,472 146,870
Deferred income taxes, investment tax credits, and non-current taxes accrued 163,299 172,887
Changes in working capital:    
Receivables 75,196 (25,879)
Fuel inventory 3,066 (2,538)
Accounts payable (7,846) (110,500)
Taxes accrued 22,563 (104,444)
Interest accrued 5,983 (2,185)
Deferred fuel costs (19,487) 45,511
Other working capital accounts (20,810) 1,387
Changes in provisions for estimated losses (4,059) (2,695)
Changes in other regulatory assets 28,922 30,033
Changes in other regulatory liabilities (59,969) (998)
Changes in pensions and other postretirement liabilities (17,054) (19,115)
Other Noncash Income (Expense) (75,950) (91,459)
Net cash flow provided by operating activities 339,704 148,481
INVESTING ACTIVITIES    
Construction/capital expenditures (360,693) (206,572)
Allowance for equity funds used during construction 9,990 7,238
Payments to Acquire Property, Plant, and Equipment 0 (473,888)
Change in money pool receivable - net (8,047) (7,559)
Change in Assets Held-In Trust 0 (196,568)
Nuclear fuel purchases (139,620) (26,684)
Payments for Nuclear Fuel (139,620) (26,684)
Proceeds from sale of nuclear fuel 28,884 47,565
Payments to storm reserve escrow account (332) 0
Receipts from storm reserve escrow account 8,836 0
Proceeds from nuclear decommissioning trust fund sales 40,586 53,793
Investment in nuclear decommissioning trust funds (51,393) (64,337)
Proceeds from insurance 5,305 0
Changes in securitization account (5,527) (5,506)
Other 0 (243)
Net cash flow used in investing activities (472,011) (872,761)
Proceeds from the issuance of:    
Proceeds from the issuance of long-term debt 0 809,369
Retirement of long-term debt (57,499) (26,189)
Changes in credit borrowings and commercial paper - net 87,504 17,094
Dividends paid:    
Common stock (42,125) 0
Other (2,130) 852
Net cash flow provided by financing activities (14,250) 801,126
Net decrease in cash and cash equivalents (146,557) 76,846
Cash and cash equivalents at beginning of period 213,850 35,102
Cash and cash equivalents at end of period 67,293 111,948
Cash paid / (received) during the period for:    
Interest - net of amount capitalized 59,261 125,589
Income taxes (116,937) 22,676
Entergy Mississippi [Member]    
OPERATING ACTIVITIES    
Consolidated net income 17,158 17,118
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 35,317 33,298
Deferred income taxes, investment tax credits, and non-current taxes accrued 13,505 (7,095)
Changes in working capital:    
Receivables 17,890 (5,118)
Fuel inventory 2,672 (3,244)
Accounts payable (19,639) (3,329)
Taxes accrued (38,825) (24,009)
Interest accrued (2,953) (2,033)
Deferred fuel costs (5,236) 40,350
Other working capital accounts (578) (979)
Changes in provisions for estimated losses (1,772) (2,016)
Changes in other regulatory assets (10,918) 751
Changes in pensions and other postretirement liabilities (4,613) (6,015)
Other Noncash Income (Expense) (11,140) (7,403)
Net cash flow provided by operating activities (9,132) 30,276
INVESTING ACTIVITIES    
Construction/capital expenditures (92,087) (72,764)
Allowance for equity funds used during construction 1,843 1,286
Change in money pool receivable - net 10,595 10,381
Other (42) (81)
Net cash flow used in investing activities (79,691) (61,178)
Proceeds from the issuance of:    
Change in money pool payable - net 12,324 0
Dividends paid:    
Preferred stock (238) (707)
Other (50) (50)
Net cash flow provided by financing activities 12,036 (757)
Net decrease in cash and cash equivalents (76,787) (31,659)
Cash and cash equivalents at beginning of period 76,834 145,605
Cash and cash equivalents at end of period 47 113,946
Cash paid / (received) during the period for:    
Interest - net of amount capitalized 15,036 16,137
Income taxes (15,087) (6,175)
Entergy New Orleans [Member]    
OPERATING ACTIVITIES    
Consolidated net income 10,978 11,167
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 13,050 11,764
Deferred income taxes, investment tax credits, and non-current taxes accrued 7,102 (9,742)
Changes in working capital:    
Receivables (2,659) (5,346)
Fuel inventory 1,798 1,518
Accounts payable (11,920) (101)
Taxes accrued (1,992) 14,187
Interest accrued 34 (579)
Deferred fuel costs 6,096 (5,288)
Other working capital accounts (13,106) (11,382)
Changes in provisions for estimated losses (655) (532)
Changes in other regulatory assets 300 6,270
Changes in pensions and other postretirement liabilities (3,915) (4,102)
Other Noncash Income (Expense) 508 (3,381)
Net cash flow provided by operating activities 5,619 4,453
INVESTING ACTIVITIES    
Construction/capital expenditures (26,079) (17,931)
Allowance for equity funds used during construction 450 313
Payments to Acquire Property, Plant, and Equipment 0 (236,944)
Payments to Acquire Businesses and Interest in Affiliates 0 (38)
Change in money pool receivable - net (12,100) 15,059
Payments to storm reserve escrow account (110) (102)
Receipts from storm reserve escrow account 0 3
Changes in securitization account (2,912) (2,746)
Net cash flow used in investing activities (40,751) (242,386)
Proceeds from the issuance of:    
Proceeds from the issuance of long-term debt (10) 106,786
Proceeds from Contributions from Parent 0 47,750
Dividends paid:    
Common stock (12,200) 0
Preferred stock (241) (241)
Other 583 730
Net cash flow provided by financing activities (11,868) 155,025
Net decrease in cash and cash equivalents (47,000) (82,908)
Cash and cash equivalents at beginning of period 103,068 88,876
Cash and cash equivalents at end of period 56,068 5,968
Cash paid / (received) during the period for:    
Interest - net of amount capitalized 5,043 4,654
Income taxes 0 2,500
Entergy Texas [Member]    
OPERATING ACTIVITIES    
Consolidated net income 10,854 14,562
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 28,111 25,619
Deferred income taxes, investment tax credits, and non-current taxes accrued (25,678) (26,970)
Changes in working capital:    
Receivables (683) 2,118
Fuel inventory 4,581 2,860
Accounts payable (1,150) (17,346)
Taxes accrued 16,110 18,871
Interest accrued (6,816) (9,978)
Deferred fuel costs 20,375 54,192
Other working capital accounts 1,422 1,957
Changes in provisions for estimated losses 663 662
Changes in other regulatory assets 23,762 24,310
Changes in pensions and other postretirement liabilities (5,814) (6,505)
Other Noncash Income (Expense) (6,157) (8,617)
Net cash flow provided by operating activities 59,580 75,735
INVESTING ACTIVITIES    
Construction/capital expenditures (68,765) (91,843)
Allowance for equity funds used during construction 1,320 2,460
Change in money pool receivable - net 681 (8,938)
Changes in securitization account 11,177 10,264
Other (14,000) 0
Net cash flow used in investing activities (69,587) (88,057)
Proceeds from the issuance of:    
Proceeds from the issuance of long-term debt 0 123,786
Retirement of long-term debt (24,188) (23,458)
Change in money pool payable - net 28,941 (22,068)
Dividends paid:    
Other (839) (1,787)
Net cash flow provided by financing activities 3,914 76,473
Net decrease in cash and cash equivalents (6,093) 64,151
Cash and cash equivalents at beginning of period 6,181 2,182
Cash and cash equivalents at end of period 88 66,333
Cash paid / (received) during the period for:    
Interest - net of amount capitalized 27,986 30,969
Income taxes $ (3,446) $ (756)
[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.