XML 49 R14.htm IDEA: XBRL DOCUMENT v3.19.1
Retirement And Other Postretirement Benefits
 3 Months Ended
Mar. 31, 2019
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost
 
 
 
 
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$33,607

 

$38,752

Interest cost on projected benefit obligation
73,941

 
66,854

Expected return on assets
(103,884
)
 
(110,535
)
Amortization of prior service cost
—

 
99

Amortization of loss
58,418

 
68,526

Settlement charges
1,137

 
—

Net pension costs

$63,219

 

$63,696


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$5,261

 

$7,284

 

$1,629

 

$569

 

$1,350

 

$1,550

Interest cost on projected benefit obligation
 
14,175

 
15,882

 
4,068

 
1,874

 
3,613

 
3,364

Expected return on assets
 
(20,176
)
 
(22,652
)
 
(5,968
)
 
(2,696
)
 
(5,862
)
 
(4,678
)
Amortization of loss
 
11,840

 
11,643

 
3,104

 
1,529

 
2,334

 
2,850

Net pension cost
 

$11,100

 

$12,157

 

$2,833

 

$1,276

 

$1,435

 

$3,086

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$6,189

 

$8,446

 

$1,822

 

$673

 

$1,589

 

$1,776

Interest cost on projected benefit obligation
 
13,004

 
14,940

 
3,769

 
1,813

 
3,348

 
3,227

Expected return on assets
 
(21,851
)
 
(24,809
)
 
(6,502
)
 
(2,993
)
 
(6,523
)
 
(4,991
)
Amortization of loss
 
13,412

 
14,450

 
3,610

 
1,954

 
2,626

 
3,715

Net pension cost
 

$10,754

 

$13,027

 

$2,699

 

$1,447

 

$1,040

 

$3,727



Non-Qualified Net Pension Cost

Entergy recognized $4 million and $8.9 million in pension cost for its non-qualified pension plans in the first quarters of 2019 and 2018, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 were settlement charges of $4.4 million related to the payment of lump sum benefits out of the plan.
 
 
 
 
 
 
 
 
 
 

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2019 and 2018:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
2019

$73

 

$43

 

$75

 

$5

 

$124

2018

$132

 

$50

 

$80

 

$21

 

$137



Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 were settlement charges of $12 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost
 
 
 
 
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$4,675

 

$6,782

Interest cost on accumulated postretirement benefit obligation (APBO)
11,975

 
12,681

Expected return on assets
(9,562
)
 
(10,373
)
Amortization of prior service credit
(8,844
)
 
(9,251
)
Amortization of loss
358

 
3,432

Net other postretirement benefit cost

($1,398
)
 

$3,271


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$591

 

$1,160

 

$262

 

$92

 

$236

 

$243

Interest cost on APBO
 
1,807

 
2,666

 
670

 
395

 
854

 
476

Expected return on assets
 
(3,991
)
 
—

 
(1,199
)
 
(1,237
)
 
(2,276
)
 
(697
)
Amortization of prior service credit
 
(1,238
)
 
(1,837
)
 
(439
)
 
(171
)
 
(561
)
 
(363
)
Amortization of (gain) loss
 
144

 
(174
)
 
181

 
58

 
121

 
89

Net other postretirement benefit cost
 

($2,687
)
 

$1,815

 

($525
)
 

($863
)
 

($1,626
)
 

($252
)

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$793

 

$1,556

 

$321

 

$129

 

$330

 

$306

Interest cost on APBO
 
1,997

 
2,789

 
683

 
417

 
939

 
500

Expected return on assets
 
(4,342
)
 
—

 
(1,303
)
 
(1,313
)
 
(2,446
)
 
(783
)
Amortization of prior service credit
 
(1,278
)
 
(1,934
)
 
(456
)
 
(186
)
 
(579
)
 
(378
)
Amortization of loss
 
289

 
388

 
377

 
34

 
206

 
233

Net other postretirement benefit cost
 

($2,541
)
 

$2,799

 

($378
)
 

($919
)
 

($1,550
)
 

($122
)


Reclassification out of Accumulated Other Comprehensive Income (Loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2019 and 2018:
2019

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost) credit


$—



$5,375



($49
)


$5,326

Amortization of loss

(18,735
)

308


(561
)

(18,988
)
Settlement loss

(1,137
)

—


—


(1,137
)



($19,872
)


$5,683



($610
)


($14,799
)
Entergy Louisiana








Amortization of prior service credit


$—



$1,838



$—



$1,838

Amortization of loss

(699
)

174


(2
)

(527
)



($699
)


$2,012



($2
)


$1,311

2018
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost) credit
 

($99
)
 

$5,595

 

($70
)
 

$5,426

Amortization of loss
 
(21,957
)
 
(1,932
)
 
(1,063
)
 
(24,952
)
Settlement loss
 
—

 
—

 
(1,616
)
 
(1,616
)
 
 

($22,056
)
 

$3,663

 

($2,749
)
 

($21,142
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,934

 

$—

 

$1,934

Amortization of loss
 
(867
)
 
(388
)
 
(2
)
 
(1,257
)
 
 

($867
)
 

$1,546

 

($2
)
 

$677



Employer Contributions

Based on current assumptions, Entergy expects to contribute $176.9 million to its qualified pension plans in 2019.  As of March 31, 2019, Entergy had contributed $11.7 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2019:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2019 pension contributions

$27,112

 

$26,451

 

$7,701

 

$1,800

 

$1,645

 

$8,285

Pension contributions made through March 2019

$454

 

$1,914

 

$156

 

$111

 

$286

 

$290

Remaining estimated pension contributions to be made in 2019

$26,658

 

$24,537

 

$7,545

 

$1,689

 

$1,359

 

$7,995
Entergy Arkansas [Member]  
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost
 
 
 
 
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$33,607

 

$38,752

Interest cost on projected benefit obligation
73,941

 
66,854

Expected return on assets
(103,884
)
 
(110,535
)
Amortization of prior service cost
—

 
99

Amortization of loss
58,418

 
68,526

Settlement charges
1,137

 
—

Net pension costs

$63,219

 

$63,696


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$5,261

 

$7,284

 

$1,629

 

$569

 

$1,350

 

$1,550

Interest cost on projected benefit obligation
 
14,175

 
15,882

 
4,068

 
1,874

 
3,613

 
3,364

Expected return on assets
 
(20,176
)
 
(22,652
)
 
(5,968
)
 
(2,696
)
 
(5,862
)
 
(4,678
)
Amortization of loss
 
11,840

 
11,643

 
3,104

 
1,529

 
2,334

 
2,850

Net pension cost
 

$11,100

 

$12,157

 

$2,833

 

$1,276

 

$1,435

 

$3,086

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$6,189

 

$8,446

 

$1,822

 

$673

 

$1,589

 

$1,776

Interest cost on projected benefit obligation
 
13,004

 
14,940

 
3,769

 
1,813

 
3,348

 
3,227

Expected return on assets
 
(21,851
)
 
(24,809
)
 
(6,502
)
 
(2,993
)
 
(6,523
)
 
(4,991
)
Amortization of loss
 
13,412

 
14,450

 
3,610

 
1,954

 
2,626

 
3,715

Net pension cost
 

$10,754

 

$13,027

 

$2,699

 

$1,447

 

$1,040

 

$3,727



Non-Qualified Net Pension Cost

Entergy recognized $4 million and $8.9 million in pension cost for its non-qualified pension plans in the first quarters of 2019 and 2018, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 were settlement charges of $4.4 million related to the payment of lump sum benefits out of the plan.
 
 
 
 
 
 
 
 
 
 

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2019 and 2018:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
2019

$73

 

$43

 

$75

 

$5

 

$124

2018

$132

 

$50

 

$80

 

$21

 

$137



Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 were settlement charges of $12 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost
 
 
 
 
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$4,675

 

$6,782

Interest cost on accumulated postretirement benefit obligation (APBO)
11,975

 
12,681

Expected return on assets
(9,562
)
 
(10,373
)
Amortization of prior service credit
(8,844
)
 
(9,251
)
Amortization of loss
358

 
3,432

Net other postretirement benefit cost

($1,398
)
 

$3,271


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$591

 

$1,160

 

$262

 

$92

 

$236

 

$243

Interest cost on APBO
 
1,807

 
2,666

 
670

 
395

 
854

 
476

Expected return on assets
 
(3,991
)
 
—

 
(1,199
)
 
(1,237
)
 
(2,276
)
 
(697
)
Amortization of prior service credit
 
(1,238
)
 
(1,837
)
 
(439
)
 
(171
)
 
(561
)
 
(363
)
Amortization of (gain) loss
 
144

 
(174
)
 
181

 
58

 
121

 
89

Net other postretirement benefit cost
 

($2,687
)
 

$1,815

 

($525
)
 

($863
)
 

($1,626
)
 

($252
)

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$793

 

$1,556

 

$321

 

$129

 

$330

 

$306

Interest cost on APBO
 
1,997

 
2,789

 
683

 
417

 
939

 
500

Expected return on assets
 
(4,342
)
 
—

 
(1,303
)
 
(1,313
)
 
(2,446
)
 
(783
)
Amortization of prior service credit
 
(1,278
)
 
(1,934
)
 
(456
)
 
(186
)
 
(579
)
 
(378
)
Amortization of loss
 
289

 
388

 
377

 
34

 
206

 
233

Net other postretirement benefit cost
 

($2,541
)
 

$2,799

 

($378
)
 

($919
)
 

($1,550
)
 

($122
)


Reclassification out of Accumulated Other Comprehensive Income (Loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2019 and 2018:
2019

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost) credit


$—



$5,375



($49
)


$5,326

Amortization of loss

(18,735
)

308


(561
)

(18,988
)
Settlement loss

(1,137
)

—


—


(1,137
)



($19,872
)


$5,683



($610
)


($14,799
)
Entergy Louisiana








Amortization of prior service credit


$—



$1,838



$—



$1,838

Amortization of loss

(699
)

174


(2
)

(527
)



($699
)


$2,012



($2
)


$1,311

2018
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost) credit
 

($99
)
 

$5,595

 

($70
)
 

$5,426

Amortization of loss
 
(21,957
)
 
(1,932
)
 
(1,063
)
 
(24,952
)
Settlement loss
 
—

 
—

 
(1,616
)
 
(1,616
)
 
 

($22,056
)
 

$3,663

 

($2,749
)
 

($21,142
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,934

 

$—

 

$1,934

Amortization of loss
 
(867
)
 
(388
)
 
(2
)
 
(1,257
)
 
 

($867
)
 

$1,546

 

($2
)
 

$677



Employer Contributions

Based on current assumptions, Entergy expects to contribute $176.9 million to its qualified pension plans in 2019.  As of March 31, 2019, Entergy had contributed $11.7 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2019:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2019 pension contributions

$27,112

 

$26,451

 

$7,701

 

$1,800

 

$1,645

 

$8,285

Pension contributions made through March 2019

$454

 

$1,914

 

$156

 

$111

 

$286

 

$290

Remaining estimated pension contributions to be made in 2019

$26,658

 

$24,537

 

$7,545

 

$1,689

 

$1,359

 

$7,995
Entergy Louisiana [Member]  
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost
 
 
 
 
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$33,607

 

$38,752

Interest cost on projected benefit obligation
73,941

 
66,854

Expected return on assets
(103,884
)
 
(110,535
)
Amortization of prior service cost
—

 
99

Amortization of loss
58,418

 
68,526

Settlement charges
1,137

 
—

Net pension costs

$63,219

 

$63,696


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$5,261

 

$7,284

 

$1,629

 

$569

 

$1,350

 

$1,550

Interest cost on projected benefit obligation
 
14,175

 
15,882

 
4,068

 
1,874

 
3,613

 
3,364

Expected return on assets
 
(20,176
)
 
(22,652
)
 
(5,968
)
 
(2,696
)
 
(5,862
)
 
(4,678
)
Amortization of loss
 
11,840

 
11,643

 
3,104

 
1,529

 
2,334

 
2,850

Net pension cost
 

$11,100

 

$12,157

 

$2,833

 

$1,276

 

$1,435

 

$3,086

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$6,189

 

$8,446

 

$1,822

 

$673

 

$1,589

 

$1,776

Interest cost on projected benefit obligation
 
13,004

 
14,940

 
3,769

 
1,813

 
3,348

 
3,227

Expected return on assets
 
(21,851
)
 
(24,809
)
 
(6,502
)
 
(2,993
)
 
(6,523
)
 
(4,991
)
Amortization of loss
 
13,412

 
14,450

 
3,610

 
1,954

 
2,626

 
3,715

Net pension cost
 

$10,754

 

$13,027

 

$2,699

 

$1,447

 

$1,040

 

$3,727



Non-Qualified Net Pension Cost

Entergy recognized $4 million and $8.9 million in pension cost for its non-qualified pension plans in the first quarters of 2019 and 2018, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 were settlement charges of $4.4 million related to the payment of lump sum benefits out of the plan.
 
 
 
 
 
 
 
 
 
 

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2019 and 2018:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
2019

$73

 

$43

 

$75

 

$5

 

$124

2018

$132

 

$50

 

$80

 

$21

 

$137



Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 were settlement charges of $12 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost
 
 
 
 
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$4,675

 

$6,782

Interest cost on accumulated postretirement benefit obligation (APBO)
11,975

 
12,681

Expected return on assets
(9,562
)
 
(10,373
)
Amortization of prior service credit
(8,844
)
 
(9,251
)
Amortization of loss
358

 
3,432

Net other postretirement benefit cost

($1,398
)
 

$3,271


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$591

 

$1,160

 

$262

 

$92

 

$236

 

$243

Interest cost on APBO
 
1,807

 
2,666

 
670

 
395

 
854

 
476

Expected return on assets
 
(3,991
)
 
—

 
(1,199
)
 
(1,237
)
 
(2,276
)
 
(697
)
Amortization of prior service credit
 
(1,238
)
 
(1,837
)
 
(439
)
 
(171
)
 
(561
)
 
(363
)
Amortization of (gain) loss
 
144

 
(174
)
 
181

 
58

 
121

 
89

Net other postretirement benefit cost
 

($2,687
)
 

$1,815

 

($525
)
 

($863
)
 

($1,626
)
 

($252
)

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$793

 

$1,556

 

$321

 

$129

 

$330

 

$306

Interest cost on APBO
 
1,997

 
2,789

 
683

 
417

 
939

 
500

Expected return on assets
 
(4,342
)
 
—

 
(1,303
)
 
(1,313
)
 
(2,446
)
 
(783
)
Amortization of prior service credit
 
(1,278
)
 
(1,934
)
 
(456
)
 
(186
)
 
(579
)
 
(378
)
Amortization of loss
 
289

 
388

 
377

 
34

 
206

 
233

Net other postretirement benefit cost
 

($2,541
)
 

$2,799

 

($378
)
 

($919
)
 

($1,550
)
 

($122
)


Reclassification out of Accumulated Other Comprehensive Income (Loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2019 and 2018:
2019

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost) credit


$—



$5,375



($49
)


$5,326

Amortization of loss

(18,735
)

308


(561
)

(18,988
)
Settlement loss

(1,137
)

—


—


(1,137
)



($19,872
)


$5,683



($610
)


($14,799
)
Entergy Louisiana








Amortization of prior service credit


$—



$1,838



$—



$1,838

Amortization of loss

(699
)

174


(2
)

(527
)



($699
)


$2,012



($2
)


$1,311

2018
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost) credit
 

($99
)
 

$5,595

 

($70
)
 

$5,426

Amortization of loss
 
(21,957
)
 
(1,932
)
 
(1,063
)
 
(24,952
)
Settlement loss
 
—

 
—

 
(1,616
)
 
(1,616
)
 
 

($22,056
)
 

$3,663

 

($2,749
)
 

($21,142
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,934

 

$—

 

$1,934

Amortization of loss
 
(867
)
 
(388
)
 
(2
)
 
(1,257
)
 
 

($867
)
 

$1,546

 

($2
)
 

$677



Employer Contributions

Based on current assumptions, Entergy expects to contribute $176.9 million to its qualified pension plans in 2019.  As of March 31, 2019, Entergy had contributed $11.7 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2019:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2019 pension contributions

$27,112

 

$26,451

 

$7,701

 

$1,800

 

$1,645

 

$8,285

Pension contributions made through March 2019

$454

 

$1,914

 

$156

 

$111

 

$286

 

$290

Remaining estimated pension contributions to be made in 2019

$26,658

 

$24,537

 

$7,545

 

$1,689

 

$1,359

 

$7,995
Entergy Mississippi [Member]  
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost
 
 
 
 
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$33,607

 

$38,752

Interest cost on projected benefit obligation
73,941

 
66,854

Expected return on assets
(103,884
)
 
(110,535
)
Amortization of prior service cost
—

 
99

Amortization of loss
58,418

 
68,526

Settlement charges
1,137

 
—

Net pension costs

$63,219

 

$63,696


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$5,261

 

$7,284

 

$1,629

 

$569

 

$1,350

 

$1,550

Interest cost on projected benefit obligation
 
14,175

 
15,882

 
4,068

 
1,874

 
3,613

 
3,364

Expected return on assets
 
(20,176
)
 
(22,652
)
 
(5,968
)
 
(2,696
)
 
(5,862
)
 
(4,678
)
Amortization of loss
 
11,840

 
11,643

 
3,104

 
1,529

 
2,334

 
2,850

Net pension cost
 

$11,100

 

$12,157

 

$2,833

 

$1,276

 

$1,435

 

$3,086

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$6,189

 

$8,446

 

$1,822

 

$673

 

$1,589

 

$1,776

Interest cost on projected benefit obligation
 
13,004

 
14,940

 
3,769

 
1,813

 
3,348

 
3,227

Expected return on assets
 
(21,851
)
 
(24,809
)
 
(6,502
)
 
(2,993
)
 
(6,523
)
 
(4,991
)
Amortization of loss
 
13,412

 
14,450

 
3,610

 
1,954

 
2,626

 
3,715

Net pension cost
 

$10,754

 

$13,027

 

$2,699

 

$1,447

 

$1,040

 

$3,727



Non-Qualified Net Pension Cost

Entergy recognized $4 million and $8.9 million in pension cost for its non-qualified pension plans in the first quarters of 2019 and 2018, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 were settlement charges of $4.4 million related to the payment of lump sum benefits out of the plan.
 
 
 
 
 
 
 
 
 
 

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2019 and 2018:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
2019

$73

 

$43

 

$75

 

$5

 

$124

2018

$132

 

$50

 

$80

 

$21

 

$137



Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 were settlement charges of $12 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost
 
 
 
 
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$4,675

 

$6,782

Interest cost on accumulated postretirement benefit obligation (APBO)
11,975

 
12,681

Expected return on assets
(9,562
)
 
(10,373
)
Amortization of prior service credit
(8,844
)
 
(9,251
)
Amortization of loss
358

 
3,432

Net other postretirement benefit cost

($1,398
)
 

$3,271


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$591

 

$1,160

 

$262

 

$92

 

$236

 

$243

Interest cost on APBO
 
1,807

 
2,666

 
670

 
395

 
854

 
476

Expected return on assets
 
(3,991
)
 
—

 
(1,199
)
 
(1,237
)
 
(2,276
)
 
(697
)
Amortization of prior service credit
 
(1,238
)
 
(1,837
)
 
(439
)
 
(171
)
 
(561
)
 
(363
)
Amortization of (gain) loss
 
144

 
(174
)
 
181

 
58

 
121

 
89

Net other postretirement benefit cost
 

($2,687
)
 

$1,815

 

($525
)
 

($863
)
 

($1,626
)
 

($252
)

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$793

 

$1,556

 

$321

 

$129

 

$330

 

$306

Interest cost on APBO
 
1,997

 
2,789

 
683

 
417

 
939

 
500

Expected return on assets
 
(4,342
)
 
—

 
(1,303
)
 
(1,313
)
 
(2,446
)
 
(783
)
Amortization of prior service credit
 
(1,278
)
 
(1,934
)
 
(456
)
 
(186
)
 
(579
)
 
(378
)
Amortization of loss
 
289

 
388

 
377

 
34

 
206

 
233

Net other postretirement benefit cost
 

($2,541
)
 

$2,799

 

($378
)
 

($919
)
 

($1,550
)
 

($122
)


Reclassification out of Accumulated Other Comprehensive Income (Loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2019 and 2018:
2019

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost) credit


$—



$5,375



($49
)


$5,326

Amortization of loss

(18,735
)

308


(561
)

(18,988
)
Settlement loss

(1,137
)

—


—


(1,137
)



($19,872
)


$5,683



($610
)


($14,799
)
Entergy Louisiana








Amortization of prior service credit


$—



$1,838



$—



$1,838

Amortization of loss

(699
)

174


(2
)

(527
)



($699
)


$2,012



($2
)


$1,311

2018
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost) credit
 

($99
)
 

$5,595

 

($70
)
 

$5,426

Amortization of loss
 
(21,957
)
 
(1,932
)
 
(1,063
)
 
(24,952
)
Settlement loss
 
—

 
—

 
(1,616
)
 
(1,616
)
 
 

($22,056
)
 

$3,663

 

($2,749
)
 

($21,142
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,934

 

$—

 

$1,934

Amortization of loss
 
(867
)
 
(388
)
 
(2
)
 
(1,257
)
 
 

($867
)
 

$1,546

 

($2
)
 

$677



Employer Contributions

Based on current assumptions, Entergy expects to contribute $176.9 million to its qualified pension plans in 2019.  As of March 31, 2019, Entergy had contributed $11.7 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2019:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2019 pension contributions

$27,112

 

$26,451

 

$7,701

 

$1,800

 

$1,645

 

$8,285

Pension contributions made through March 2019

$454

 

$1,914

 

$156

 

$111

 

$286

 

$290

Remaining estimated pension contributions to be made in 2019

$26,658

 

$24,537

 

$7,545

 

$1,689

 

$1,359

 

$7,995
Entergy New Orleans [Member]  
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost
 
 
 
 
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$33,607

 

$38,752

Interest cost on projected benefit obligation
73,941

 
66,854

Expected return on assets
(103,884
)
 
(110,535
)
Amortization of prior service cost
—

 
99

Amortization of loss
58,418

 
68,526

Settlement charges
1,137

 
—

Net pension costs

$63,219

 

$63,696


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$5,261

 

$7,284

 

$1,629

 

$569

 

$1,350

 

$1,550

Interest cost on projected benefit obligation
 
14,175

 
15,882

 
4,068

 
1,874

 
3,613

 
3,364

Expected return on assets
 
(20,176
)
 
(22,652
)
 
(5,968
)
 
(2,696
)
 
(5,862
)
 
(4,678
)
Amortization of loss
 
11,840

 
11,643

 
3,104

 
1,529

 
2,334

 
2,850

Net pension cost
 

$11,100

 

$12,157

 

$2,833

 

$1,276

 

$1,435

 

$3,086

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$6,189

 

$8,446

 

$1,822

 

$673

 

$1,589

 

$1,776

Interest cost on projected benefit obligation
 
13,004

 
14,940

 
3,769

 
1,813

 
3,348

 
3,227

Expected return on assets
 
(21,851
)
 
(24,809
)
 
(6,502
)
 
(2,993
)
 
(6,523
)
 
(4,991
)
Amortization of loss
 
13,412

 
14,450

 
3,610

 
1,954

 
2,626

 
3,715

Net pension cost
 

$10,754

 

$13,027

 

$2,699

 

$1,447

 

$1,040

 

$3,727



Non-Qualified Net Pension Cost

Entergy recognized $4 million and $8.9 million in pension cost for its non-qualified pension plans in the first quarters of 2019 and 2018, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 were settlement charges of $4.4 million related to the payment of lump sum benefits out of the plan.
 
 
 
 
 
 
 
 
 
 

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2019 and 2018:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
2019

$73

 

$43

 

$75

 

$5

 

$124

2018

$132

 

$50

 

$80

 

$21

 

$137



Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 were settlement charges of $12 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost
 
 
 
 
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$4,675

 

$6,782

Interest cost on accumulated postretirement benefit obligation (APBO)
11,975

 
12,681

Expected return on assets
(9,562
)
 
(10,373
)
Amortization of prior service credit
(8,844
)
 
(9,251
)
Amortization of loss
358

 
3,432

Net other postretirement benefit cost

($1,398
)
 

$3,271


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$591

 

$1,160

 

$262

 

$92

 

$236

 

$243

Interest cost on APBO
 
1,807

 
2,666

 
670

 
395

 
854

 
476

Expected return on assets
 
(3,991
)
 
—

 
(1,199
)
 
(1,237
)
 
(2,276
)
 
(697
)
Amortization of prior service credit
 
(1,238
)
 
(1,837
)
 
(439
)
 
(171
)
 
(561
)
 
(363
)
Amortization of (gain) loss
 
144

 
(174
)
 
181

 
58

 
121

 
89

Net other postretirement benefit cost
 

($2,687
)
 

$1,815

 

($525
)
 

($863
)
 

($1,626
)
 

($252
)

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$793

 

$1,556

 

$321

 

$129

 

$330

 

$306

Interest cost on APBO
 
1,997

 
2,789

 
683

 
417

 
939

 
500

Expected return on assets
 
(4,342
)
 
—

 
(1,303
)
 
(1,313
)
 
(2,446
)
 
(783
)
Amortization of prior service credit
 
(1,278
)
 
(1,934
)
 
(456
)
 
(186
)
 
(579
)
 
(378
)
Amortization of loss
 
289

 
388

 
377

 
34

 
206

 
233

Net other postretirement benefit cost
 

($2,541
)
 

$2,799

 

($378
)
 

($919
)
 

($1,550
)
 

($122
)


Reclassification out of Accumulated Other Comprehensive Income (Loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2019 and 2018:
2019

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost) credit


$—



$5,375



($49
)


$5,326

Amortization of loss

(18,735
)

308


(561
)

(18,988
)
Settlement loss

(1,137
)

—


—


(1,137
)



($19,872
)


$5,683



($610
)


($14,799
)
Entergy Louisiana








Amortization of prior service credit


$—



$1,838



$—



$1,838

Amortization of loss

(699
)

174


(2
)

(527
)



($699
)


$2,012



($2
)


$1,311

2018
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost) credit
 

($99
)
 

$5,595

 

($70
)
 

$5,426

Amortization of loss
 
(21,957
)
 
(1,932
)
 
(1,063
)
 
(24,952
)
Settlement loss
 
—

 
—

 
(1,616
)
 
(1,616
)
 
 

($22,056
)
 

$3,663

 

($2,749
)
 

($21,142
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,934

 

$—

 

$1,934

Amortization of loss
 
(867
)
 
(388
)
 
(2
)
 
(1,257
)
 
 

($867
)
 

$1,546

 

($2
)
 

$677



Employer Contributions

Based on current assumptions, Entergy expects to contribute $176.9 million to its qualified pension plans in 2019.  As of March 31, 2019, Entergy had contributed $11.7 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2019:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2019 pension contributions

$27,112

 

$26,451

 

$7,701

 

$1,800

 

$1,645

 

$8,285

Pension contributions made through March 2019

$454

 

$1,914

 

$156

 

$111

 

$286

 

$290

Remaining estimated pension contributions to be made in 2019

$26,658

 

$24,537

 

$7,545

 

$1,689

 

$1,359

 

$7,995
Entergy Texas [Member]  
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost
 
 
 
 
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$33,607

 

$38,752

Interest cost on projected benefit obligation
73,941

 
66,854

Expected return on assets
(103,884
)
 
(110,535
)
Amortization of prior service cost
—

 
99

Amortization of loss
58,418

 
68,526

Settlement charges
1,137

 
—

Net pension costs

$63,219

 

$63,696


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$5,261

 

$7,284

 

$1,629

 

$569

 

$1,350

 

$1,550

Interest cost on projected benefit obligation
 
14,175

 
15,882

 
4,068

 
1,874

 
3,613

 
3,364

Expected return on assets
 
(20,176
)
 
(22,652
)
 
(5,968
)
 
(2,696
)
 
(5,862
)
 
(4,678
)
Amortization of loss
 
11,840

 
11,643

 
3,104

 
1,529

 
2,334

 
2,850

Net pension cost
 

$11,100

 

$12,157

 

$2,833

 

$1,276

 

$1,435

 

$3,086

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$6,189

 

$8,446

 

$1,822

 

$673

 

$1,589

 

$1,776

Interest cost on projected benefit obligation
 
13,004

 
14,940

 
3,769

 
1,813

 
3,348

 
3,227

Expected return on assets
 
(21,851
)
 
(24,809
)
 
(6,502
)
 
(2,993
)
 
(6,523
)
 
(4,991
)
Amortization of loss
 
13,412

 
14,450

 
3,610

 
1,954

 
2,626

 
3,715

Net pension cost
 

$10,754

 

$13,027

 

$2,699

 

$1,447

 

$1,040

 

$3,727



Non-Qualified Net Pension Cost

Entergy recognized $4 million and $8.9 million in pension cost for its non-qualified pension plans in the first quarters of 2019 and 2018, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 were settlement charges of $4.4 million related to the payment of lump sum benefits out of the plan.
 
 
 
 
 
 
 
 
 
 

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2019 and 2018:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
2019

$73

 

$43

 

$75

 

$5

 

$124

2018

$132

 

$50

 

$80

 

$21

 

$137



Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 were settlement charges of $12 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost
 
 
 
 
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$4,675

 

$6,782

Interest cost on accumulated postretirement benefit obligation (APBO)
11,975

 
12,681

Expected return on assets
(9,562
)
 
(10,373
)
Amortization of prior service credit
(8,844
)
 
(9,251
)
Amortization of loss
358

 
3,432

Net other postretirement benefit cost

($1,398
)
 

$3,271


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$591

 

$1,160

 

$262

 

$92

 

$236

 

$243

Interest cost on APBO
 
1,807

 
2,666

 
670

 
395

 
854

 
476

Expected return on assets
 
(3,991
)
 
—

 
(1,199
)
 
(1,237
)
 
(2,276
)
 
(697
)
Amortization of prior service credit
 
(1,238
)
 
(1,837
)
 
(439
)
 
(171
)
 
(561
)
 
(363
)
Amortization of (gain) loss
 
144

 
(174
)
 
181

 
58

 
121

 
89

Net other postretirement benefit cost
 

($2,687
)
 

$1,815

 

($525
)
 

($863
)
 

($1,626
)
 

($252
)

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$793

 

$1,556

 

$321

 

$129

 

$330

 

$306

Interest cost on APBO
 
1,997

 
2,789

 
683

 
417

 
939

 
500

Expected return on assets
 
(4,342
)
 
—

 
(1,303
)
 
(1,313
)
 
(2,446
)
 
(783
)
Amortization of prior service credit
 
(1,278
)
 
(1,934
)
 
(456
)
 
(186
)
 
(579
)
 
(378
)
Amortization of loss
 
289

 
388

 
377

 
34

 
206

 
233

Net other postretirement benefit cost
 

($2,541
)
 

$2,799

 

($378
)
 

($919
)
 

($1,550
)
 

($122
)


Reclassification out of Accumulated Other Comprehensive Income (Loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2019 and 2018:
2019

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost) credit


$—



$5,375



($49
)


$5,326

Amortization of loss

(18,735
)

308


(561
)

(18,988
)
Settlement loss

(1,137
)

—


—


(1,137
)



($19,872
)


$5,683



($610
)


($14,799
)
Entergy Louisiana








Amortization of prior service credit


$—



$1,838



$—



$1,838

Amortization of loss

(699
)

174


(2
)

(527
)



($699
)


$2,012



($2
)


$1,311

2018
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost) credit
 

($99
)
 

$5,595

 

($70
)
 

$5,426

Amortization of loss
 
(21,957
)
 
(1,932
)
 
(1,063
)
 
(24,952
)
Settlement loss
 
—

 
—

 
(1,616
)
 
(1,616
)
 
 

($22,056
)
 

$3,663

 

($2,749
)
 

($21,142
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,934

 

$—

 

$1,934

Amortization of loss
 
(867
)
 
(388
)
 
(2
)
 
(1,257
)
 
 

($867
)
 

$1,546

 

($2
)
 

$677



Employer Contributions

Based on current assumptions, Entergy expects to contribute $176.9 million to its qualified pension plans in 2019.  As of March 31, 2019, Entergy had contributed $11.7 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2019:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2019 pension contributions

$27,112

 

$26,451

 

$7,701

 

$1,800

 

$1,645

 

$8,285

Pension contributions made through March 2019

$454

 

$1,914

 

$156

 

$111

 

$286

 

$290

Remaining estimated pension contributions to be made in 2019

$26,658

 

$24,537

 

$7,545

 

$1,689

 

$1,359

 

$7,995
System Energy [Member]  
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost
 
 
 
 
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$33,607

 

$38,752

Interest cost on projected benefit obligation
73,941

 
66,854

Expected return on assets
(103,884
)
 
(110,535
)
Amortization of prior service cost
—

 
99

Amortization of loss
58,418

 
68,526

Settlement charges
1,137

 
—

Net pension costs

$63,219

 

$63,696


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$5,261

 

$7,284

 

$1,629

 

$569

 

$1,350

 

$1,550

Interest cost on projected benefit obligation
 
14,175

 
15,882

 
4,068

 
1,874

 
3,613

 
3,364

Expected return on assets
 
(20,176
)
 
(22,652
)
 
(5,968
)
 
(2,696
)
 
(5,862
)
 
(4,678
)
Amortization of loss
 
11,840

 
11,643

 
3,104

 
1,529

 
2,334

 
2,850

Net pension cost
 

$11,100

 

$12,157

 

$2,833

 

$1,276

 

$1,435

 

$3,086

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$6,189

 

$8,446

 

$1,822

 

$673

 

$1,589

 

$1,776

Interest cost on projected benefit obligation
 
13,004

 
14,940

 
3,769

 
1,813

 
3,348

 
3,227

Expected return on assets
 
(21,851
)
 
(24,809
)
 
(6,502
)
 
(2,993
)
 
(6,523
)
 
(4,991
)
Amortization of loss
 
13,412

 
14,450

 
3,610

 
1,954

 
2,626

 
3,715

Net pension cost
 

$10,754

 

$13,027

 

$2,699

 

$1,447

 

$1,040

 

$3,727



Non-Qualified Net Pension Cost

Entergy recognized $4 million and $8.9 million in pension cost for its non-qualified pension plans in the first quarters of 2019 and 2018, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 were settlement charges of $4.4 million related to the payment of lump sum benefits out of the plan.
 
 
 
 
 
 
 
 
 
 

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2019 and 2018:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
2019

$73

 

$43

 

$75

 

$5

 

$124

2018

$132

 

$50

 

$80

 

$21

 

$137



Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 were settlement charges of $12 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost
 
 
 
 
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2019 and 2018, included the following components:
 
2019
 
2018
 
(In Thousands)
Service cost - benefits earned during the period

$4,675

 

$6,782

Interest cost on accumulated postretirement benefit obligation (APBO)
11,975

 
12,681

Expected return on assets
(9,562
)
 
(10,373
)
Amortization of prior service credit
(8,844
)
 
(9,251
)
Amortization of loss
358

 
3,432

Net other postretirement benefit cost

($1,398
)
 

$3,271


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for first quarters of 2019 and 2018, included the following components:
2019
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$591

 

$1,160

 

$262

 

$92

 

$236

 

$243

Interest cost on APBO
 
1,807

 
2,666

 
670

 
395

 
854

 
476

Expected return on assets
 
(3,991
)
 
—

 
(1,199
)
 
(1,237
)
 
(2,276
)
 
(697
)
Amortization of prior service credit
 
(1,238
)
 
(1,837
)
 
(439
)
 
(171
)
 
(561
)
 
(363
)
Amortization of (gain) loss
 
144

 
(174
)
 
181

 
58

 
121

 
89

Net other postretirement benefit cost
 

($2,687
)
 

$1,815

 

($525
)
 

($863
)
 

($1,626
)
 

($252
)

2018
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned during the period
 

$793

 

$1,556

 

$321

 

$129

 

$330

 

$306

Interest cost on APBO
 
1,997

 
2,789

 
683

 
417

 
939

 
500

Expected return on assets
 
(4,342
)
 
—

 
(1,303
)
 
(1,313
)
 
(2,446
)
 
(783
)
Amortization of prior service credit
 
(1,278
)
 
(1,934
)
 
(456
)
 
(186
)
 
(579
)
 
(378
)
Amortization of loss
 
289

 
388

 
377

 
34

 
206

 
233

Net other postretirement benefit cost
 

($2,541
)
 

$2,799

 

($378
)
 

($919
)
 

($1,550
)
 

($122
)


Reclassification out of Accumulated Other Comprehensive Income (Loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2019 and 2018:
2019

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost) credit


$—



$5,375



($49
)


$5,326

Amortization of loss

(18,735
)

308


(561
)

(18,988
)
Settlement loss

(1,137
)

—


—


(1,137
)



($19,872
)


$5,683



($610
)


($14,799
)
Entergy Louisiana








Amortization of prior service credit


$—



$1,838



$—



$1,838

Amortization of loss

(699
)

174


(2
)

(527
)



($699
)


$2,012



($2
)


$1,311

2018
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost) credit
 

($99
)
 

$5,595

 

($70
)
 

$5,426

Amortization of loss
 
(21,957
)
 
(1,932
)
 
(1,063
)
 
(24,952
)
Settlement loss
 
—

 
—

 
(1,616
)
 
(1,616
)
 
 

($22,056
)
 

$3,663

 

($2,749
)
 

($21,142
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,934

 

$—

 

$1,934

Amortization of loss
 
(867
)
 
(388
)
 
(2
)
 
(1,257
)
 
 

($867
)
 

$1,546

 

($2
)
 

$677



Employer Contributions

Based on current assumptions, Entergy expects to contribute $176.9 million to its qualified pension plans in 2019.  As of March 31, 2019, Entergy had contributed $11.7 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2019:
 
Entergy
Arkansas
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2019 pension contributions

$27,112

 

$26,451

 

$7,701

 

$1,800

 

$1,645

 

$8,285

Pension contributions made through March 2019

$454

 

$1,914

 

$156

 

$111

 

$286

 

$290

Remaining estimated pension contributions to be made in 2019

$26,658

 

$24,537

 

$7,545

 

$1,689

 

$1,359

 

$7,995