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

6 Months Ended

Jun. 30, 2021

Entergy’s segment financial information for the second quarters of 2021 and 2020 was as follows:



	Utility	Entergy Wholesale Commodities	All Other	Eliminations	Entergy
	(In Thousands)
2021
Operating revenues	$2,673,385	$148,656	$31	($2)	$2,822,070
Income taxes	$71,360	($71,696)	($18,080)	$—	($18,416)
Consolidated net income (loss)	$329,936	($274,648)	($24,784)	($31,898)	($1,394)

2020
Operating revenues	$2,213,061	$199,709	$18	$—	$2,412,788
Income taxes	$73,710	$24,467	($9,062)	$—	$89,115
Consolidated net income (loss)	$348,902	$85,178	($37,069)	($31,898)	$365,113

Entergy’s segment financial information for the six months ended June 30, 2021 and 2020 was as follows:


	Utility	Entergy Wholesale Commodities	All Other	Eliminations	Consolidated
	(In Thousands)
2021
Operating revenues	$5,270,000	$396,874	$54	($21)	$5,666,907
Income taxes	$131,094	($56,135)	($27,433)	$—	$47,526
Consolidated net income (loss)	$690,535	($236,525)	($52,464)	($63,796)	$337,750
Total assets as of June 30, 2021	$56,240,370	$1,209,209	$496,043	($1,996,339)	$55,949,283
2020
Operating revenues	$4,307,690	$532,258	$29	($10)	$4,839,967
Income taxes	$20,761	($6,073)	$3,233	$—	$17,921
Consolidated net income (loss)	$672,751	($25,251)	($95,298)	($63,796)	$488,406
Total assets as of December 31, 2020	$55,940,153	$3,800,378	$552,632	($2,053,951)	$58,239,212

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]

Total restructuring charges for the second quarters of 2021 and 2020 were comprised of the following:



	2021			2020
	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 April 1,	$157	$14	$171	$150	$14	$164
Restructuring costs accrued	(6)	1	(5)	17	—	17

Cash paid out	118	15	133	14	—	14
Balance as of June 30,	$33	$—	$33	$153	$14	$167

In addition, Entergy Wholesale Commodities incurred $342 million in the second quarter 2021 and $7 million in the second quarter 2020 of impairment and other related charges associated with these strategic decisions and transactions.

Total restructuring charges for the six months ended June 30, 2021 and 2020 were comprised of the following:


	2021			2020
	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,	$145	$14	$159	$129	$14	$143
Restructuring costs accrued	7	1	8	38	—	38
Cash paid out	119	15	134	14	—	14
Balance as of June 30,	$33	$—	$33	$153	$14	$167

In addition, Entergy Wholesale Commodities incurred $345 million in the six months ended June 30, 2021 and $12 million in the six months ended June 30, 2020 of impairment and other related charges associated with these strategic decisions and transactions.