Business Segment Information (Tables) - Entergy Corporation [Member]

9 Months Ended

Sep. 30, 2020

Entergy’s segment financial information for the third quarters of 2020 and 2019 was as follows:



	Utility	Entergy Wholesale Commodities	All Other	Eliminations	Entergy
	(In Thousands)
2020
Operating revenues	$2,689,186	$214,371	$25	($14)	$2,903,568
Income taxes	$143,622	$12,321	($6,499)	$—	$149,444
Consolidated net income (loss)	$555,583	$30,773	($28,758)	($31,899)	$525,699

2019
Operating revenues	$2,840,222	$300,363	$9	($19)	$3,140,575
Income taxes	$71,698	($30,855)	($11,642)	$—	$29,201
Consolidated net income (loss)	$581,964	($140,501)	($40,105)	($31,899)	$369,459

Entergy’s segment financial information for the nine months ended September 30, 2020 and 2019 was as follows:


	Utility	Entergy Wholesale Commodities	All Other	Eliminations	Entergy
	(In Thousands)
2020
Operating revenues	$6,996,876	$746,629	$54	($25)	$7,743,534
Income taxes	$164,383	$6,249	($3,266)	$—	$167,366
Consolidated net income (loss)	$1,228,333	$5,523	($124,056)	($95,695)	$1,014,105
Total assets as of September 30, 2020	$53,825,473	$3,743,167	$519,264	($2,017,653)	$56,070,251
2019
Operating revenues	$7,392,641	$1,023,757	$11	($42)	$8,416,367
Income taxes	$81,283	$25,763	($33,616)	$—	$73,430
Consolidated net income (loss)	$1,150,863	($68,804)	($117,725)	($95,695)	$868,639
Total assets as of December 31, 2019	$49,557,664	$4,154,961	$514,020	($2,502,733)	$51,723,912

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

Restructuring and Related Costs [Table Text Block]


	2020			2019
	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 July 1,	$153	$14	$167	$181	$14	$195
Restructuring costs accrued	19	—	19	14	—	14

Cash paid out	1	—	1	86	—	86
Balance as of September 30,	$171	$14	$185	$109	$14	$123

In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 and $8 million in the third quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions.

Total restructuring charges for the nine months ended September 30, 2020 and 2019 were comprised of the following:


	2020			2019
	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,	$129	$14	$143	$179	$14	$193
Restructuring costs accrued	57	—	57	70	—	70
Cash paid out	15	—	15	140	—	140
Balance as of September 30,	$171	$14	$185	$109	$14	$123

In addition, Entergy Wholesale Commodities incurred $16 million in the nine months ended September 30, 2020 and $98 million in the nine months ended September 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions.