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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax $ 10,684 $ (34,576) $ 10,325 $ (39,777)
OPERATING REVENUES        
Electric 2,271,220 2,093,331 4,262,960 4,135,492
Natural gas 30,075 25,121 73,426 70,734
Competitive businesses 317,255 344,110 870,622 866,189
TOTAL 2,618,550 2,462,562 5,207,008 5,072,415
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 395,947 381,465 813,513 886,432
Purchased power 416,497 242,672 774,264 504,996
Nuclear refueling outage expenses 38,288 47,045 80,853 98,276
Other operation and maintenance 820,297 759,258 1,687,845 1,491,174
Asset Write-Offs, Impairments, And Related Charges 193,571 6,969 405,362 14,329
Decommissioning 100,296 76,625 214,669 145,253
Taxes other than income taxes 153,264 149,249 309,616 299,027
Depreciation and amortization 350,328 335,668 697,593 669,939
Other regulatory charges (credits) - net 6,553 21,353 (78,749) 22,512
TOTAL 2,475,041 2,020,304 4,904,966 4,131,938
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 0 0 (16,270) 0
OPERATING INCOME 143,509 442,258 318,312 940,477
OTHER INCOME        
Allowance for equity funds used during construction 22,376 13,860 41,384 32,792
Investment Income, Net 80,097 46,375 136,646 79,128
Miscellaneous - net (6,872) (8,377) (1,371) (18,963)
TOTAL 95,601 51,858 176,659 92,957
INTEREST EXPENSE        
Interest expense 173,377 177,631 344,466 351,442
Allowance for borrowed funds used during construction (10,523) (7,132) (19,565) (16,813)
TOTAL 162,854 170,499 324,901 334,629
INCOME BEFORE INCOME TAXES 76,256 323,617 170,070 698,805
Income taxes (337,112) (248,973) (329,350) (109,027)
CONSOLIDATED NET INCOME 413,368 572,590 499,420 [1] 807,832 [1]
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 3,446 5,276 6,892 10,552
EARNINGS APPLICABLE TO COMMON STOCK $ 409,922 $ 567,314 $ 492,528 $ 797,280
Earnings per average common share:        
Basic (in dollars per share) $ 2.28 $ 3.17 $ 2.75 $ 4.46
Diluted (in dollars per share) 2.27 3.16 2.74 4.45
Dividends declared per common share (in dollars per share) $ 0.87 $ 0.85 $ 1.74 $ 1.70
Basic average number of common shares outstanding (in shares) 179,475,346 178,808,149 179,405,592 178,693,342
Diluted average number of common shares outstanding (in shares) 180,234,694 179,503,582 180,032,233 179,233,209
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Tax $ 5,839 $ 2,779 $ 12,216 $ 3,037
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax 2,870 19,515 42,164 37,873
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax (403) (487) (403) (640)
Entergy Arkansas [Member]        
OPERATING REVENUES        
Electric 496,662 504,252 971,013 969,625
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 50,691 88,022 150,100 168,959
Purchased power 74,552 49,714 129,685 111,518
Nuclear refueling outage expenses 17,335 14,981 36,954 30,050
Other operation and maintenance 171,821 173,909 337,678 326,815
Decommissioning 14,106 13,301 28,001 26,404
Taxes other than income taxes 25,128 22,961 49,179 46,047
Depreciation and amortization 69,087 67,115 136,153 130,288
Other regulatory charges (credits) - net 4,948 802 (5,578) 1,719
TOTAL 427,668 430,805 862,172 841,800
OPERATING INCOME 68,994 73,447 108,841 127,825
OTHER INCOME        
Allowance for equity funds used during construction 5,432 3,995 9,782 8,927
Investment Income, Net 14,195 5,770 21,127 9,364
Miscellaneous - net (57) (1,020) (164) (1,795)
TOTAL 19,570 8,745 30,745 16,496
INTEREST EXPENSE        
Interest expense 28,514 27,792 55,766 60,574
Allowance for borrowed funds used during construction (2,552) (2,136) (4,514) (4,851)
TOTAL 25,962 25,656 51,252 55,723
INCOME BEFORE INCOME TAXES 62,602 56,536 88,334 88,598
Income taxes 24,052 22,645 35,480 35,413
CONSOLIDATED NET INCOME 38,550 33,891 52,854 53,185
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 357 1,718 714 3,437
EARNINGS APPLICABLE TO COMMON STOCK 38,193 32,173 52,140 49,748
Entergy Louisiana [Member]        
OPERATING REVENUES        
Electric 1,072,126 989,732 1,936,202 1,926,163
Natural gas 11,308 9,302 28,015 28,016
TOTAL 1,083,434 999,034 1,964,217 1,954,179
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 180,056 152,340 334,100 354,423
Purchased power 282,673 224,699 522,500 416,097
Nuclear refueling outage expenses 12,764 12,974 24,949 25,754
Other operation and maintenance 243,217 232,957 466,447 439,021
Decommissioning 12,283 11,658 24,406 23,166
Taxes other than income taxes 45,076 44,366 90,359 86,728
Depreciation and amortization 116,107 112,452 231,737 222,043
Other regulatory charges (credits) - net (2,521) 13,836 (76,708) 11,577
TOTAL 889,655 805,282 1,617,790 1,578,809
OPERATING INCOME 193,779 193,752 346,427 375,370
OTHER INCOME        
Allowance for equity funds used during construction 11,109 4,506 21,099 11,744
Investment Income, Net 41,919 40,251 81,749 77,667
Miscellaneous - net (2,650) (1,870) (5,674) (5,615)
TOTAL 50,378 42,887 97,174 83,796
INTEREST EXPENSE        
Interest expense 68,483 70,787 135,798 135,863
Allowance for borrowed funds used during construction (5,541) (2,383) (10,715) (6,280)
TOTAL 62,942 68,404 125,083 129,583
INCOME BEFORE INCOME TAXES 181,215 168,235 318,518 329,583
Income taxes 56,736 (85,090) 99,661 (35,348)
CONSOLIDATED NET INCOME 124,479 253,325 218,857 364,931
Earnings per average common share:        
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Tax (292) (144) (524) (259)
Entergy Mississippi [Member]        
OPERATING REVENUES        
Electric 291,212 248,138 549,655 511,184
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 46,048 (34) 85,188 61,346
Purchased power 75,253 74,361 146,323 129,744
Other operation and maintenance 59,535 60,381 114,708 111,654
Taxes other than income taxes 23,978 20,487 47,950 43,984
Depreciation and amortization 35,442 34,010 70,759 67,308
Other regulatory charges (credits) - net (4,306) (2,957) (10,143) (6,315)
TOTAL 235,950 186,248 454,785 407,721
OPERATING INCOME 55,262 61,890 94,870 103,463
OTHER INCOME        
Allowance for equity funds used during construction 2,332 1,345 4,175 2,631
Investment Income, Net 7 240 33 361
Miscellaneous - net (553) (1,050) (978) (1,755)
TOTAL 1,786 535 3,230 1,237
INTEREST EXPENSE        
Interest expense 12,568 15,258 25,240 30,000
Allowance for borrowed funds used during construction (913) (691) (1,633) (1,358)
TOTAL 11,655 14,567 23,607 28,642
INCOME BEFORE INCOME TAXES 45,393 47,858 74,493 76,058
Income taxes 17,090 15,664 29,032 26,746
CONSOLIDATED NET INCOME 28,303 32,194 45,461 49,312
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 239 707 477 1,414
EARNINGS APPLICABLE TO COMMON STOCK 28,064 31,487 44,984 47,898
Entergy New Orleans [Member]        
OPERATING REVENUES        
Electric 157,455 149,101 299,800 271,542
Natural gas 18,767 15,819 45,411 42,718
TOTAL 176,222 164,920 345,211 314,260
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 22,961 12,554 53,036 23,475
Purchased power 73,105 70,583 141,464 139,108
Other operation and maintenance 25,296 28,659 47,808 51,501
Taxes other than income taxes 13,416 10,925 26,262 22,437
Depreciation and amortization 13,020 13,908 26,070 25,672
Other regulatory charges (credits) - net 818 1,378 1,203 3,274
TOTAL 148,616 138,007 295,843 265,467
OPERATING INCOME 27,606 26,913 49,368 48,793
OTHER INCOME        
Allowance for equity funds used during construction 552 143 1,002 456
Investment Income, Net 164 30 299 99
Miscellaneous - net 40 192 138 (53)
TOTAL 756 365 1,439 502
INTEREST EXPENSE        
Interest expense 5,356 5,984 10,699 10,357
Allowance for borrowed funds used during construction (193) (49) (351) (175)
TOTAL 5,163 5,935 10,348 10,182
INCOME BEFORE INCOME TAXES 23,199 21,343 40,459 39,113
Income taxes 8,317 9,500 14,599 16,103
CONSOLIDATED NET INCOME 14,882 11,843 25,860 23,010
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 241 241 482 482
EARNINGS APPLICABLE TO COMMON STOCK 14,641 11,602 25,378 22,528
Entergy Texas [Member]        
OPERATING REVENUES        
Electric 378,488 412,922 742,415 791,226
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 46,142 71,478 104,155 163,882
Purchased power 160,325 167,071 310,709 297,483
Other operation and maintenance 56,577 54,135 110,483 107,170
Taxes other than income taxes 19,251 18,285 38,695 36,595
Depreciation and amortization 29,373 26,495 57,484 52,114
Other regulatory charges (credits) - net 19,033 17,419 34,260 34,674
TOTAL 330,701 354,883 655,786 691,918
OPERATING INCOME 47,787 58,039 86,629 99,308
OTHER INCOME        
Allowance for equity funds used during construction 1,632 2,270 2,913 4,702
Investment Income, Net 211 268 412 468
Miscellaneous - net (631) (54) (813) (470)
TOTAL 1,212 2,484 2,512 4,700
INTEREST EXPENSE        
Interest expense 21,427 21,976 43,235 43,577
Allowance for borrowed funds used during construction (1,001) (1,473) (1,762) (3,054)
TOTAL 20,426 20,503 41,473 40,523
INCOME BEFORE INCOME TAXES 28,573 40,020 47,668 63,485
Income taxes 7,472 15,962 15,713 24,865
CONSOLIDATED NET INCOME 21,101 24,058 31,955 38,620
System Energy [Member]        
OPERATING REVENUES        
Electric 164,956 151,323 319,743 289,016
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 21,660 20,394 36,994 33,822
Nuclear refueling outage expenses 4,387 4,905 9,160 9,489
Other operation and maintenance 54,310 35,766 102,711 67,926
Decommissioning 13,452 12,593 26,684 24,980
Taxes other than income taxes 6,664 6,385 13,088 12,637
Depreciation and amortization 35,187 35,384 70,628 70,091
Other regulatory charges (credits) - net (11,421) (9,124) (21,783) (22,415)
TOTAL 124,239 106,303 237,482 196,530
OPERATING INCOME 40,717 45,020 82,261 92,486
OTHER INCOME        
Allowance for equity funds used during construction 1,318 1,602 2,412 4,331
Investment Income, Net 3,723 5,124 8,397 8,398
Miscellaneous - net (103) (164) (231) (256)
TOTAL 4,938 6,562 10,578 12,473
INTEREST EXPENSE        
Interest expense 9,181 9,382 18,300 18,934
Allowance for borrowed funds used during construction (322) (401) (589) (1,097)
TOTAL 8,859 8,981 17,711 17,837
INCOME BEFORE INCOME TAXES 36,796 42,601 75,128 87,122
Income taxes 17,446 17,511 35,431 36,074
CONSOLIDATED NET INCOME $ 19,350 $ 25,090 $ 39,697 $ 51,048
[1] (a) Consolidated net income and preferred dividend requirements of subsidiaries for 2017 and 2016 include $6.9 million and $10.6 million, respectively, of preferred dividends on subsidiaries’ preferred stock without sinking fund that is not presented within equity.