Equity (Tables)

3 Months Ended

Mar. 31, 2021

Schedule Of Earnings Per Share Basic And Diluted

The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements:

	For the Three Months Ended March 31,
	2021			2020
	(In Millions, Except Per Share Data)
	Income	Shares	$/share	Income	Shares	$/share
Basic earnings per share
Net income attributable to Entergy Corporation	$334.6	200.5	$1.67	$118.7	199.8	$0.59
Average dilutive effect of:
Stock options		0.4	(0.01)		0.7	—
Other equity plans		0.2	—		0.4	—
Diluted earnings per share	$334.6	201.1	$1.66	$118.7	200.9	$0.59

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2021 by component:

	Cash flow hedges net unrealized gain (loss)	Pension and other postretirement liabilities	Net unrealized investment gain (loss)	Total Accumulated Other Comprehensive Income (Loss)
	(In Thousands)
Beginning balance, January 1, 2021	$28,719	($534,576)	$56,650	($449,207)
Other comprehensive income (loss) before reclassifications	1,482	—	(45,301)	(43,819)
Amounts reclassified from accumulated other comprehensive income (loss)	(31,062)	22,967	614	(7,481)
Net other comprehensive income (loss) for the period	(29,580)	22,967	(44,687)	(51,300)
Ending balance, March 31, 2021	($861)	($511,609)	$11,963	($500,507)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2020 by component:

	Cash flow hedges net unrealized gain (loss)	Pension and other postretirement liabilities	Net unrealized investment gain (loss)	Total Accumulated Other Comprehensive Income (Loss)
	(In Thousands)
Beginning balance, January 1, 2020	$84,206	($557,072)	$25,946	($446,920)
Other comprehensive income (loss) before reclassifications	52,846	34,349	17,713	104,908
Amounts reclassified from accumulated other comprehensive income (loss)	(74,556)	19,550	(1,969)	(56,975)
Net other comprehensive income (loss) for the period	(21,710)	53,899	15,744	47,933
Ending balance, March 31, 2020	$62,496	($503,173)	$41,690	($398,987)

Reclassification out of Accumulated Other Comprehensive Income

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended March 31, 2021 and 2020 were as follows:

	Amounts reclassified from AOCI		Income Statement Location
	2021	2020
	(In Thousands)
Cash flow hedges net unrealized gain (loss)
Power contracts	$39,367	$94,423	Competitive business operating revenues
Interest rate swaps	(48)	(48)	Miscellaneous - net
Total realized gain (loss) on cash flow hedges	39,319	94,375
Income taxes	(8,257)	(19,819)	Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)	$31,062	$74,556
Pension and other postretirement liabilities
Amortization of prior-service credit	$5,248	$3,719	(a)
Amortization of loss	(34,529)	(27,318)	(a)
Total amortization	(29,281)	(23,599)
Income taxes	6,314	4,049	Income taxes
Total amortization (net of tax)	($22,967)	($19,550)
Net unrealized investment gain (loss)
Realized gain (loss)	($972)	$3,116	Interest and investment income
Income taxes	358	(1,147)	Income taxes
Total realized investment gain (loss) (net of tax)	($614)	$1,969
Total reclassifications for the period (net of tax)	$7,481	$56,975

(a)These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional

details.

Entergy Louisiana [Member]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended March 31, 2021 and 2020:

	Pension and Other Postretirement Liabilities
	2021	2020
	(In Thousands)
Beginning balance, January 1,	$4,327	$4,562
Other comprehensive income (loss) before reclassifications	—	10,050
Amounts reclassified from accumulated other comprehensive income (loss)	(407)	(583)
Net other comprehensive income (loss) for the period	(407)	9,467
Ending balance, March 31,	$3,920	$14,029

Reclassification out of Accumulated Other Comprehensive Income

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended March 31, 2021 and 2020 were as follows:

	Amounts reclassified from AOCI		Income Statement Location
	2021	2020
	(In Thousands)
Pension and other postretirement liabilities
Amortization of prior-service credit	$1,230	$1,089	(a)
Amortization of loss	(679)	(301)	(a)
Total amortization	551	788
Income taxes	(144)	(205)	Income taxes
Total amortization (net of tax)	407	583
Total reclassifications for the period (net of tax)	$407	$583

(a)These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.