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Leases Leases (Tables)

3 Months Ended

Mar. 31, 2019

Entergy incurred the following total lease costs for the three months ended March 31, 2019:



	(In Thousands)
Operating lease cost		$15,720
Financing lease cost:
Amortization of right-of-use assets		$2,912
Interest on lease liabilities		$753

Lease, Liabilities

The following lease-related liabilities are recorded within the respective Other lines on Entergy’s consolidated balance sheet as of March 31, 2019:



	(In Thousands)
Current liabilities:
Operating leases		$53,121
Financing leases		$11,590
Non-current liabilities:
Operating leases		$173,456
Financing leases		$53,065

Lease, Terms and Discount Rate

The following information contains the weighted average remaining lease term in years and the weighted average discount rate for the operating and financing leases of Entergy at March 31, 2019:



Weighted average remaining lease terms:
Operating leases	5.51
Financing leases	7.06
Weighted average discount rate:
Operating leases	3.75	%
Financing leases	4.64	%

Lease, Maturity

Maturity of the lease liabilities for Entergy as of March 31, 2019 are as follows:



Year	Operating Leases		Financing Leases
	(In Thousands)

Remainder for 2019		$44,143		$10,375
2020	52,905		12,489
2021	43,482		10,941
2022	34,768		9,743
2023	27,974		8,680
Years thereafter	45,259		26,744
Minimum lease payments	248,531		78,972
Less: amount representing interest	21,954		14,318
Present value of net minimum lease payments		$226,577		$64,654

Operating And Capital Leases Future Minimum Payments Due

As of December 31, 2018, Entergy had capital leases and non-cancelable operating leases for equipment, buildings, vehicles, and fuel storage facilities with minimum lease payments as follows (excluding power purchase agreement operating leases, nuclear fuel leases, and the Grand Gulf sale and leaseback transaction, all of which are discussed elsewhere):



Year	Operating Leases		Capital Leases
	(In Thousands)
2019		$94,043		$2,887
2020	82,191		2,887
2021	75,147		2,887
2022	60,808		2,887
2023	47,391		2,887
Years thereafter	88,004		16,117
Minimum lease payments	447,584		30,552
Less: Amount representing interest	—		8,555
Present value of net minimum lease payments		$447,584		$21,997

Purchase Power Agreement Minimum Lease Payments

The minimum lease payments under the power purchase agreement are as follows:



Year	Entergy Texas (a)		Entergy
	(In Thousands)
2019		$31,159		$31,159
2020	31,876		31,876
2021	32,609		32,609
2022	10,180		10,180
Minimum lease payments		$105,824		$105,824


(a)	Amounts reflect 100% of minimum payments. Under a separate contract, which expires May 31, 2022, Entergy Louisiana purchases 50% of the capacity and energy from the power purchase agreement from Entergy Texas.

Entergy Arkansas [Member]

Lease, Cost

The Registrant Subsidiaries incurred the following lease costs for the three months ended March 31, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$3,295		$3,026		$1,753		$357		$1,085
Financing lease cost:
Amortization of right-of-use assets		$629		$1,025		$348		$176		$306
Interest on lease liabilities		$105		$152		$59		$30		$46

Lease, Assets

Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at March 31, 2019 are the following amounts:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating leases		$52,916		$36,066		$18,926		$4,961		$9,991
Financing leases		$11,317		$16,978		$6,358		$2,974		$5,076

Lease, Liabilities

The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at March 31, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Current liabilities:
Operating leases		$11,321		$10,958		$6,461		$1,748		$3,071
Financing leases		$2,465		$4,052		$1,382		$678		$1,281
Non-current liabilities:
Operating leases		$41,597		$25,144		$12,565		$3,218		$7,007
Financing leases		$8,851		$13,039		$4,975		$2,296		$3,708

Lease, Terms and Discount Rate

The following information contains the weighted average remaining lease term in years and the weighted average discount rate for the operating and financing leases of the Registrant Subsidiaries at March 31, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas

Weighted average remaining lease terms:
Operating leases	6.38		4.32		5.09		5.64		4.15
Financing leases	5.64		5.29		5.39		5.81		5.09
Weighted average discount rate:
Operating leases	3.29	%	3.54	%	3.67	%	3.55	%	3.80	%
Financing leases	3.71	%	3.56	%	3.70	%	3.97	%	3.72	%

Lease, Maturity

Maturity of the lease liabilities for the Registrant Subsidiaries as of March 31, 2019 are as follows:

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$9,285		$8,316		$5,231		$1,036		$2,631
2020	11,085		9,795		5,845		1,216		2,961
2021	9,137		8,009		3,886		945		2,186
2022	6,763		5,137		2,505		622		1,196
2023	5,600		3,262		1,228		460		839
Years thereafter	15,713		3,346		2,313		999		1,104
Minimum lease payments	57,583		37,865		21,008		5,278		10,917
Less: amount representing interest	4,664		1,764		1,982		312		839
Present value of net minimum lease payments		$52,919		$36,101		$19,026		$4,966		$10,078

Financing Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$2,071		$3,302		$1,159		$592		$1,010
2020	2,464		3,843		1,431		616		1,165
2021	2,067		3,189		1,266		505		973
2022	1,778		2,749		1,073		454		766
2023	1,551		2,301		867		407		633
Years thereafter	2,476		5,414		1,154		748		796
Minimum lease payments	12,407		20,798		6,950		3,322		5,343
Less: amount representing interest	1,091		3,707		592		349		354
Present value of net minimum lease payments		$11,316		$17,091		$6,358		$2,973		$4,989

Operating And Capital Leases Future Minimum Payments Due

As of December 31, 2018 the Registrant Subsidiaries had non-cancelable operating leases for equipment, buildings, vehicles, and fuel storage facilities with minimum lease payments as follows (excluding power purchase agreement operating leases, nuclear fuel leases, and the Grand Gulf lease obligation, all of which are discussed elsewhere):

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019		$20,421		$25,970		$9,344		$2,493		$5,744
2020	13,918		21,681		8,763		2,349		4,431
2021	11,931		19,514		7,186		1,901		3,625
2022	9,458		15,756		5,675		1,314		2,218
2023	7,782		12,092		2,946		1,043		1,561
Years thereafter	23,297		22,003		4,417		2,323		2,726
Minimum lease payments		$86,807		$117,016		$38,331		$11,423		$20,305

Schedule of Rent Expense

Rental Expenses



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Millions)
2018		$6.2		$20.2		$4.6		$2.5		$3.1		$1.9
2017		$7.5		$23.0		$5.6		$2.5		$3.4		$2.2
2016		$8.0		$17.8		$4.0		$0.9		$2.8		$1.6

Entergy Louisiana [Member]

Lease, Cost

The Registrant Subsidiaries incurred the following lease costs for the three months ended March 31, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$3,295		$3,026		$1,753		$357		$1,085
Financing lease cost:
Amortization of right-of-use assets		$629		$1,025		$348		$176		$306
Interest on lease liabilities		$105		$152		$59		$30		$46

Lease, Assets

Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at March 31, 2019 are the following amounts:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating leases		$52,916		$36,066		$18,926		$4,961		$9,991
Financing leases		$11,317		$16,978		$6,358		$2,974		$5,076

Lease, Liabilities

The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at March 31, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Current liabilities:
Operating leases		$11,321		$10,958		$6,461		$1,748		$3,071
Financing leases		$2,465		$4,052		$1,382		$678		$1,281
Non-current liabilities:
Operating leases		$41,597		$25,144		$12,565		$3,218		$7,007
Financing leases		$8,851		$13,039		$4,975		$2,296		$3,708

Lease, Terms and Discount Rate



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas

Weighted average remaining lease terms:
Operating leases	6.38		4.32		5.09		5.64		4.15
Financing leases	5.64		5.29		5.39		5.81		5.09
Weighted average discount rate:
Operating leases	3.29	%	3.54	%	3.67	%	3.55	%	3.80	%
Financing leases	3.71	%	3.56	%	3.70	%	3.97	%	3.72	%

Lease, Maturity

Maturity of the lease liabilities for the Registrant Subsidiaries as of March 31, 2019 are as follows:

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$9,285		$8,316		$5,231		$1,036		$2,631
2020	11,085		9,795		5,845		1,216		2,961
2021	9,137		8,009		3,886		945		2,186
2022	6,763		5,137		2,505		622		1,196
2023	5,600		3,262		1,228		460		839
Years thereafter	15,713		3,346		2,313		999		1,104
Minimum lease payments	57,583		37,865		21,008		5,278		10,917
Less: amount representing interest	4,664		1,764		1,982		312		839
Present value of net minimum lease payments		$52,919		$36,101		$19,026		$4,966		$10,078

Financing Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$2,071		$3,302		$1,159		$592		$1,010
2020	2,464		3,843		1,431		616		1,165
2021	2,067		3,189		1,266		505		973
2022	1,778		2,749		1,073		454		766
2023	1,551		2,301		867		407		633
Years thereafter	2,476		5,414		1,154		748		796
Minimum lease payments	12,407		20,798		6,950		3,322		5,343
Less: amount representing interest	1,091		3,707		592		349		354
Present value of net minimum lease payments		$11,316		$17,091		$6,358		$2,973		$4,989

Operating And Capital Leases Future Minimum Payments Due

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019		$20,421		$25,970		$9,344		$2,493		$5,744
2020	13,918		21,681		8,763		2,349		4,431
2021	11,931		19,514		7,186		1,901		3,625
2022	9,458		15,756		5,675		1,314		2,218
2023	7,782		12,092		2,946		1,043		1,561
Years thereafter	23,297		22,003		4,417		2,323		2,726
Minimum lease payments		$86,807		$117,016		$38,331		$11,423		$20,305

Schedule of Rent Expense

Rental Expenses



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Millions)
2018		$6.2		$20.2		$4.6		$2.5		$3.1		$1.9
2017		$7.5		$23.0		$5.6		$2.5		$3.4		$2.2
2016		$8.0		$17.8		$4.0		$0.9		$2.8		$1.6

Entergy Mississippi [Member]

Lease, Cost

The Registrant Subsidiaries incurred the following lease costs for the three months ended March 31, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$3,295		$3,026		$1,753		$357		$1,085
Financing lease cost:
Amortization of right-of-use assets		$629		$1,025		$348		$176		$306
Interest on lease liabilities		$105		$152		$59		$30		$46

Lease, Assets

Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at March 31, 2019 are the following amounts:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating leases		$52,916		$36,066		$18,926		$4,961		$9,991
Financing leases		$11,317		$16,978		$6,358		$2,974		$5,076

Lease, Liabilities

The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at March 31, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Current liabilities:
Operating leases		$11,321		$10,958		$6,461		$1,748		$3,071
Financing leases		$2,465		$4,052		$1,382		$678		$1,281
Non-current liabilities:
Operating leases		$41,597		$25,144		$12,565		$3,218		$7,007
Financing leases		$8,851		$13,039		$4,975		$2,296		$3,708

Lease, Terms and Discount Rate



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas

Weighted average remaining lease terms:
Operating leases	6.38		4.32		5.09		5.64		4.15
Financing leases	5.64		5.29		5.39		5.81		5.09
Weighted average discount rate:
Operating leases	3.29	%	3.54	%	3.67	%	3.55	%	3.80	%
Financing leases	3.71	%	3.56	%	3.70	%	3.97	%	3.72	%

Lease, Maturity

Maturity of the lease liabilities for the Registrant Subsidiaries as of March 31, 2019 are as follows:

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$9,285		$8,316		$5,231		$1,036		$2,631
2020	11,085		9,795		5,845		1,216		2,961
2021	9,137		8,009		3,886		945		2,186
2022	6,763		5,137		2,505		622		1,196
2023	5,600		3,262		1,228		460		839
Years thereafter	15,713		3,346		2,313		999		1,104
Minimum lease payments	57,583		37,865		21,008		5,278		10,917
Less: amount representing interest	4,664		1,764		1,982		312		839
Present value of net minimum lease payments		$52,919		$36,101		$19,026		$4,966		$10,078

Financing Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$2,071		$3,302		$1,159		$592		$1,010
2020	2,464		3,843		1,431		616		1,165
2021	2,067		3,189		1,266		505		973
2022	1,778		2,749		1,073		454		766
2023	1,551		2,301		867		407		633
Years thereafter	2,476		5,414		1,154		748		796
Minimum lease payments	12,407		20,798		6,950		3,322		5,343
Less: amount representing interest	1,091		3,707		592		349		354
Present value of net minimum lease payments		$11,316		$17,091		$6,358		$2,973		$4,989

Operating And Capital Leases Future Minimum Payments Due

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019		$20,421		$25,970		$9,344		$2,493		$5,744
2020	13,918		21,681		8,763		2,349		4,431
2021	11,931		19,514		7,186		1,901		3,625
2022	9,458		15,756		5,675		1,314		2,218
2023	7,782		12,092		2,946		1,043		1,561
Years thereafter	23,297		22,003		4,417		2,323		2,726
Minimum lease payments		$86,807		$117,016		$38,331		$11,423		$20,305

Schedule of Rent Expense

Rental Expenses



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Millions)
2018		$6.2		$20.2		$4.6		$2.5		$3.1		$1.9
2017		$7.5		$23.0		$5.6		$2.5		$3.4		$2.2
2016		$8.0		$17.8		$4.0		$0.9		$2.8		$1.6

Entergy New Orleans [Member]

Lease, Cost

The Registrant Subsidiaries incurred the following lease costs for the three months ended March 31, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$3,295		$3,026		$1,753		$357		$1,085
Financing lease cost:
Amortization of right-of-use assets		$629		$1,025		$348		$176		$306
Interest on lease liabilities		$105		$152		$59		$30		$46

Lease, Assets

Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at March 31, 2019 are the following amounts:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating leases		$52,916		$36,066		$18,926		$4,961		$9,991
Financing leases		$11,317		$16,978		$6,358		$2,974		$5,076

Lease, Liabilities

The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at March 31, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Current liabilities:
Operating leases		$11,321		$10,958		$6,461		$1,748		$3,071
Financing leases		$2,465		$4,052		$1,382		$678		$1,281
Non-current liabilities:
Operating leases		$41,597		$25,144		$12,565		$3,218		$7,007
Financing leases		$8,851		$13,039		$4,975		$2,296		$3,708

Lease, Terms and Discount Rate



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas

Weighted average remaining lease terms:
Operating leases	6.38		4.32		5.09		5.64		4.15
Financing leases	5.64		5.29		5.39		5.81		5.09
Weighted average discount rate:
Operating leases	3.29	%	3.54	%	3.67	%	3.55	%	3.80	%
Financing leases	3.71	%	3.56	%	3.70	%	3.97	%	3.72	%

Lease, Maturity

Maturity of the lease liabilities for the Registrant Subsidiaries as of March 31, 2019 are as follows:

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$9,285		$8,316		$5,231		$1,036		$2,631
2020	11,085		9,795		5,845		1,216		2,961
2021	9,137		8,009		3,886		945		2,186
2022	6,763		5,137		2,505		622		1,196
2023	5,600		3,262		1,228		460		839
Years thereafter	15,713		3,346		2,313		999		1,104
Minimum lease payments	57,583		37,865		21,008		5,278		10,917
Less: amount representing interest	4,664		1,764		1,982		312		839
Present value of net minimum lease payments		$52,919		$36,101		$19,026		$4,966		$10,078

Financing Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$2,071		$3,302		$1,159		$592		$1,010
2020	2,464		3,843		1,431		616		1,165
2021	2,067		3,189		1,266		505		973
2022	1,778		2,749		1,073		454		766
2023	1,551		2,301		867		407		633
Years thereafter	2,476		5,414		1,154		748		796
Minimum lease payments	12,407		20,798		6,950		3,322		5,343
Less: amount representing interest	1,091		3,707		592		349		354
Present value of net minimum lease payments		$11,316		$17,091		$6,358		$2,973		$4,989

Operating And Capital Leases Future Minimum Payments Due

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019		$20,421		$25,970		$9,344		$2,493		$5,744
2020	13,918		21,681		8,763		2,349		4,431
2021	11,931		19,514		7,186		1,901		3,625
2022	9,458		15,756		5,675		1,314		2,218
2023	7,782		12,092		2,946		1,043		1,561
Years thereafter	23,297		22,003		4,417		2,323		2,726
Minimum lease payments		$86,807		$117,016		$38,331		$11,423		$20,305

Schedule of Rent Expense

Rental Expenses



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Millions)
2018		$6.2		$20.2		$4.6		$2.5		$3.1		$1.9
2017		$7.5		$23.0		$5.6		$2.5		$3.4		$2.2
2016		$8.0		$17.8		$4.0		$0.9		$2.8		$1.6

Entergy Texas [Member]

Lease, Cost

The Registrant Subsidiaries incurred the following lease costs for the three months ended March 31, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$3,295		$3,026		$1,753		$357		$1,085
Financing lease cost:
Amortization of right-of-use assets		$629		$1,025		$348		$176		$306
Interest on lease liabilities		$105		$152		$59		$30		$46

Lease, Assets

Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at March 31, 2019 are the following amounts:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating leases		$52,916		$36,066		$18,926		$4,961		$9,991
Financing leases		$11,317		$16,978		$6,358		$2,974		$5,076

Lease, Liabilities

The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at March 31, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Current liabilities:
Operating leases		$11,321		$10,958		$6,461		$1,748		$3,071
Financing leases		$2,465		$4,052		$1,382		$678		$1,281
Non-current liabilities:
Operating leases		$41,597		$25,144		$12,565		$3,218		$7,007
Financing leases		$8,851		$13,039		$4,975		$2,296		$3,708

Lease, Terms and Discount Rate



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas

Weighted average remaining lease terms:
Operating leases	6.38		4.32		5.09		5.64		4.15
Financing leases	5.64		5.29		5.39		5.81		5.09
Weighted average discount rate:
Operating leases	3.29	%	3.54	%	3.67	%	3.55	%	3.80	%
Financing leases	3.71	%	3.56	%	3.70	%	3.97	%	3.72	%

Lease, Maturity

Maturity of the lease liabilities for the Registrant Subsidiaries as of March 31, 2019 are as follows:

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$9,285		$8,316		$5,231		$1,036		$2,631
2020	11,085		9,795		5,845		1,216		2,961
2021	9,137		8,009		3,886		945		2,186
2022	6,763		5,137		2,505		622		1,196
2023	5,600		3,262		1,228		460		839
Years thereafter	15,713		3,346		2,313		999		1,104
Minimum lease payments	57,583		37,865		21,008		5,278		10,917
Less: amount representing interest	4,664		1,764		1,982		312		839
Present value of net minimum lease payments		$52,919		$36,101		$19,026		$4,966		$10,078

Financing Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$2,071		$3,302		$1,159		$592		$1,010
2020	2,464		3,843		1,431		616		1,165
2021	2,067		3,189		1,266		505		973
2022	1,778		2,749		1,073		454		766
2023	1,551		2,301		867		407		633
Years thereafter	2,476		5,414		1,154		748		796
Minimum lease payments	12,407		20,798		6,950		3,322		5,343
Less: amount representing interest	1,091		3,707		592		349		354
Present value of net minimum lease payments		$11,316		$17,091		$6,358		$2,973		$4,989

Operating And Capital Leases Future Minimum Payments Due

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019		$20,421		$25,970		$9,344		$2,493		$5,744
2020	13,918		21,681		8,763		2,349		4,431
2021	11,931		19,514		7,186		1,901		3,625
2022	9,458		15,756		5,675		1,314		2,218
2023	7,782		12,092		2,946		1,043		1,561
Years thereafter	23,297		22,003		4,417		2,323		2,726
Minimum lease payments		$86,807		$117,016		$38,331		$11,423		$20,305

Schedule of Rent Expense

Rental Expenses



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Millions)
2018		$6.2		$20.2		$4.6		$2.5		$3.1		$1.9
2017		$7.5		$23.0		$5.6		$2.5		$3.4		$2.2
2016		$8.0		$17.8		$4.0		$0.9		$2.8		$1.6

Purchase Power Agreement Minimum Lease Payments

The minimum lease payments under the power purchase agreement are as follows:



Year	Entergy Texas (a)		Entergy
	(In Thousands)
2019		$31,159		$31,159
2020	31,876		31,876
2021	32,609		32,609
2022	10,180		10,180
Minimum lease payments		$105,824		$105,824


(a)	Amounts reflect 100% of minimum payments. Under a separate contract, which expires May 31, 2022, Entergy Louisiana purchases 50% of the capacity and energy from the power purchase agreement from Entergy Texas.

System Energy [Member]

Schedule of Rent Expense

Rental Expenses



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Millions)
2018		$6.2		$20.2		$4.6		$2.5		$3.1		$1.9
2017		$7.5		$23.0		$5.6		$2.5		$3.4		$2.2
2016		$8.0		$17.8		$4.0		$0.9		$2.8		$1.6

Present Value Of Future Minimum Lease Payments Sale Leaseback Transactions

As of December 31, 2018, System Energy, in connection with the Grand Gulf sale and leaseback transactions, had future minimum lease payments that are recorded as long-term debt, as follows, which reflects the effect of the December 2013 renewal:



	Amount
	(In Thousands)

2019		$17,188
2020	17,188
2021	17,188
2022	17,188
2023	17,188
Years thereafter	223,437
Total	309,377
Less: Amount representing interest	275,025
Present value of net minimum lease payments		$34,352