Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

Entergy’s segment financial information for the second quarters of 2018 and 2017 is as follows:



	Utility			Entergy Wholesale Commodities			All Other			Eliminations			Entergy
	(In Thousands)
2018
Operating revenues		$2,360,208			$308,602			$—			($40	)		$2,668,770
Income taxes		($240,324	)		($30,144	)		($10,128	)		$—			($280,596	)
Consolidated net income (loss)		$378,394			($56,337	)		($41,299	)		($31,898	)		$248,860
2017
Operating revenues		$2,301,332			$317,255			$—			($37	)		$2,618,550
Income taxes		$130,851			($454,944	)		($13,019	)		$—			($337,112	)
Consolidated net income (loss)		$246,382			$223,886			($25,001	)		($31,899	)		$413,368

Entergy’s segment financial information for the six months ended June 30, 2018 and 2017 is as follows:



	Utility			Entergy Wholesale Commodities			All Other			Eliminations			Entergy
	(In Thousands)
2018
Operating revenues		$4,665,197			$727,526			$—			($73	)		$5,392,650
Income taxes		($188,100	)		($31,222	)		($17,611	)		$—			($236,933	)
Consolidated net income (loss)		$596,333			($74,116	)		($73,361	)		($63,797	)		$385,059
Total assets as of June 30, 2018		$44,117,784			$5,433,618			$1,240,106			($3,168,859	)		$47,622,649
2017
Operating revenues	$4,336,444			$870,622				$—		($58)			$5,207,008
Income taxes	$229,343			($533,281)			($25,412)				$—		($329,350)
Consolidated net income (loss)		$414,005			$196,689			($47,477	)		($63,797	)		$499,420
Total assets as of December 31, 2017	$42,978,669			$5,638,009			$1,011,612			($2,921,141)			$46,707,149

The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment.

Restructuring and Related Costs [Table Text Block]

Total restructuring charges for the second quarters of 2018 and 2017 were comprised of the following:



	2018						2017
	Employee retention and severance expenses and other benefits-related costs		Contracted economic development costs		Total		Employee retention and severance expenses and other benefits-related costs		Contracted economic development costs		Total
	(In Millions)
Balance as of April 1,		$109		$14		$123		$94		$21		$115
Restructuring costs accrued	34		—		34		42		—		42
Cash paid out	—		—		—		100		—		100
Balance as of June 30,		$143		$14		$157		$36		$21		$57

In addition, Entergy incurred $69 million in the second quarter 2018 and $194 million in the second quarter 2017 of impairment charges related to nuclear fuel spending, nuclear refueling outage spending, and expenditures for capital assets. These costs are charged to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to reduce the size of the Entergy Wholesale Commodities’ merchant fleet.

Total restructuring charges for the six months ended June 30, 2018 and 2017 were comprised of the following:



	2018						2017
	Employee retention and severance expenses and other benefits-related costs		Contracted economic development costs		Total		Employee retention and severance expenses and other benefits-related costs		Contracted economic development costs		Total
	(In Millions)
Balance as of January 1,		$83		$14		$97		$70		$21		$91
Restructuring costs accrued	60		—		60		66		—		66
Cash paid out	—		—		—		100		—		100
Balance as of June 30,		$143		$14		$157		$36		$21		$57