XML 37 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax $ 2,844,838 $ 2,427,179
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 501,167 397,403
Nuclear refueling outage expenses 43,739 50,218
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 706,786 702,084
Asset Impairment Charges 3,273 5,095
Decommissioning 98,642 93,684
Taxes, Other 156,702 170,294
Other Depreciation and Amortization 414,519 399,710
Other regulatory charges (credits) - net 32,279 (7,679)
Costs and Expenses 2,336,841 2,027,423
OPERATING INCOME 507,997 399,756
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 14,577 35,953
Investment Income, Net 143,315 (216,853)
Miscellaneous - net (60,929) 23,389
TOTAL 96,963 (157,511)
INTEREST EXPENSE    
Interest Expense, Debt 205,886 205,589
Allowance for borrowed funds used during construction (6,013) (15,444)
TOTAL 199,873 190,145
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 405,087 52,100
Income taxes 65,942 (71,194)
Consolidated net income 339,145 123,294
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders $ 4,580 $ 4,580
Earnings per average common share:    
Basic (in dollars per share) $ 1.67 $ 0.59
Diluted (in dollars per share) $ 1.66 $ 0.59
Basic average number of common shares outstanding (in shares) 200,525,549 199,790,016
Diluted average number of common shares outstanding (in shares) 201,059,665 200,901,349
Net Income (Loss) Available to Common Stockholders, Basic $ 334,565 $ 118,714
Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 2,538,420 2,050,638
Natural Gas, US Regulated [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 58,168 43,976
Competitive Businesses [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 248,250 332,565
Electricity, Purchased [Member]    
Operation and Maintenance:    
Cost of Goods and Services Sold 379,734 216,614
Entergy Mississippi [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 336,619 293,922
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 60,197 63,297
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 67,831 62,337
Taxes, Other 25,899 27,190
Other Depreciation and Amortization 55,036 51,155
Other regulatory charges (credits) - net 8,129 (3,881)
Costs and Expenses 285,683 252,741
OPERATING INCOME 50,936 41,181
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 1,668 1,439
Investment Income, Net 42 120
Miscellaneous - net (2,313) (2,296)
TOTAL (603) (737)
INTEREST EXPENSE    
Interest Expense, Debt 17,613 16,583
Allowance for borrowed funds used during construction (677) (551)
TOTAL 16,936 16,032
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 33,397 24,412
Income taxes 7,425 1,886
Consolidated net income 25,972 22,526
Entergy Mississippi [Member] | Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 336,619 293,922
Entergy Mississippi [Member] | Natural Gas, US Regulated [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 0 0
Entergy Mississippi [Member] | Electricity, Purchased [Member]    
Operation and Maintenance:    
Cost of Goods and Services Sold 68,591 52,643
Entergy Arkansas [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 583,386 481,912
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 126,181 87,411
Nuclear refueling outage expenses 12,647 16,247
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 154,908 151,857
Decommissioning 19,000 17,941
Taxes, Other 29,743 31,060
Other Depreciation and Amortization 88,279 83,521
Other regulatory charges (credits) - net (37,467) (20,001)
Costs and Expenses 463,512 414,077
OPERATING INCOME 119,874 67,835
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 2,993 2,917
Investment Income, Net 27,887 7,938
Miscellaneous - net (5,791) (6,436)
TOTAL 25,089 4,419
INTEREST EXPENSE    
Interest Expense, Debt 33,786 35,623
Allowance for borrowed funds used during construction (1,290) (1,281)
TOTAL 32,496 34,342
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 112,467 37,912
Income taxes 19,430 (6,683)
Consolidated net income 93,037 44,595
Entergy Arkansas [Member] | Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 583,386 481,912
Entergy Arkansas [Member] | Natural Gas, US Regulated [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 0 0
Entergy Arkansas [Member] | Electricity, Purchased [Member]    
Operation and Maintenance:    
Cost of Goods and Services Sold 70,221 46,041
Entergy Louisiana [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 1,107,644 930,647
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 145,234 144,492
Nuclear refueling outage expenses 13,282 13,630
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 237,483 222,658
Decommissioning 16,823 16,001
Taxes, Other 52,484 50,077
Other Depreciation and Amortization 160,813 145,135
Other regulatory charges (credits) - net 31,097 11,132
Costs and Expenses 867,177 763,868
OPERATING INCOME 240,467 166,779
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 6,101 14,887
Investment Income, Net 72,515 (19,669)
Miscellaneous - net (34,638) 49,601
TOTAL 43,978 44,819
INTEREST EXPENSE    
Interest Expense, Debt 82,806 79,517
Allowance for borrowed funds used during construction (2,759) (7,132)
TOTAL 80,047 72,385
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 204,398 139,213
Income taxes 37,772 (50,183)
Consolidated net income 166,626 189,396
Earnings per average common share:    
Net Income (Loss) Available to Common Stockholders, Basic 166,626 189,396
Entergy Louisiana [Member] | Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 1,079,663 912,541
Entergy Louisiana [Member] | Natural Gas, US Regulated [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 27,981 18,106
Entergy Louisiana [Member] | Electricity, Purchased [Member]    
Operation and Maintenance:    
Cost of Goods and Services Sold 209,961 160,743
Entergy New Orleans [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 169,335 149,302
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 19,012 27,495
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 38,178 30,704
Taxes, Other 12,556 13,206
Other Depreciation and Amortization 18,161 15,075
Other regulatory charges (credits) - net 3,130 (5,736)
Costs and Expenses 159,707 137,211
OPERATING INCOME 9,628 12,091
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 258 2,485
Investment Income, Net 9 53
Miscellaneous - net (302) (738)
TOTAL (35) 1,800
INTEREST EXPENSE    
Interest Expense, Debt 7,029 6,640
Allowance for borrowed funds used during construction (116) (1,195)
TOTAL 6,913 5,445
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 2,680 8,446
Income taxes 909 (2,740)
Consolidated net income 1,771 11,186
Entergy New Orleans [Member] | Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 139,148 123,431
Entergy New Orleans [Member] | Natural Gas, US Regulated [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 30,187 25,871
Entergy New Orleans [Member] | Electricity, Purchased [Member]    
Operation and Maintenance:    
Cost of Goods and Services Sold 68,670 56,467
Entergy Texas [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 480,220 339,336
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 112,396 41,346
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 62,955 58,933
Taxes, Other 21,875 19,272
Other Depreciation and Amortization 50,936 42,566
Other regulatory charges (credits) - net 15,840 21,368
Costs and Expenses 405,364 303,276
OPERATING INCOME 74,856 36,060
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 2,445 10,641
Investment Income, Net 224 429
Miscellaneous - net (423) (346)
TOTAL 2,246 10,724
INTEREST EXPENSE    
Interest Expense, Debt 23,038 22,858
Allowance for borrowed funds used during construction (984) (4,573)
TOTAL 22,054 18,285
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 55,048 28,499
Income taxes 4,990 (4,208)
Consolidated net income 50,058 32,707
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 470 470
Earnings per average common share:    
Net Income (Loss) Available to Common Stockholders, Basic 49,588 32,237
Entergy Texas [Member] | Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 480,220 339,336
Entergy Texas [Member] | Natural Gas, US Regulated [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 0 0
Entergy Texas [Member] | Electricity, Purchased [Member]    
Operation and Maintenance:    
Cost of Goods and Services Sold 141,362 119,791
System Energy [Member]    
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 16,859 13,143
Nuclear refueling outage expenses 6,718 8,272
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 41,960 40,471
Decommissioning 9,529 9,157
Taxes, Other 6,825 7,973
Other Depreciation and Amortization 28,194 26,899
Other regulatory charges (credits) - net 11,550 (10,560)
Costs and Expenses 121,635 95,355
OPERATING INCOME (3,889) 35,309
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 1,111 3,584
Investment Income, Net 27,442 5,338
Miscellaneous - net (2,024) (2,460)
TOTAL 26,529 6,462
INTEREST EXPENSE    
Interest Expense, Debt 9,535 8,540
Allowance for borrowed funds used during construction (188) (711)
TOTAL 9,347 7,829
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 13,293 33,942
Income taxes (10,571) 5,429
Consolidated net income 23,864 28,513
Earnings per average common share:    
Net Income (Loss) Available to Common Stockholders, Basic 23,864 28,513
System Energy [Member] | Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax $ 117,746 $ 130,664