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Risk Management and Fair Values (Tables)
 6 Months Ended
Jun. 30, 2011
Risk Management and Fair Values (Tables) [Abstract]  
Fair values of derivative instruments
     The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 2011 are as follows:
                 
Instrument   Balance Sheet Location   Fair Value (a)   Offset (a)   Business
Derivatives designated
as hedging instruments
               
 
               
Assets:
               
Electricity forwards, swaps and options
  Prepayments and other (current portion)   $120 million   ($19) million   Entergy Wholesale Commodities
Electricity forwards, swaps and options
  Other deferred debits and other assets (non-current portion)   $41 million   ($30) million   Entergy Wholesale Commodities
 
               
Liabilities:
               
Electricity forwards, swaps and options
  Other current liabilities (current portion)   $24 million   ($23) million   Entergy Wholesale Commodities
Electricity forwards, swaps and options
  Other non-current liabilities (non-current portion)   $47 million   ($30) million   Entergy Wholesale Commodities
                 
Instrument   Balance Sheet Location   Fair Value (a)   Offset (a)   Business
Derivatives not designated
as hedging instruments
               
 
               
Assets:
               
Electricity forwards, swaps and options
  Prepayments and other (current portion)   $15 million   ($11) million   Entergy Wholesale Commodities
Electricity forwards, swaps and options
  Other deferred debits and other assets (non-current portion)   $5 million   ($5) million   Entergy Wholesale Commodities
 
               
Liabilities:
               
Electricity forwards, swaps and options
  Other current liabilities (current portion)   $7 million   ($7) million   Entergy Wholesale Commodities
Electricity forwards, swaps and options
  Other non-current liabilities (non-current portion)   $4 million   ($4) million   Entergy Wholesale Commodities
Natural gas swaps
  Other current liabilities   $2 million   $-   Utility
     The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2010 are as follows:
                 
Instrument   Balance Sheet Location   Fair Value (a)   Offset (a)   Business
Derivatives designated
as hedging instruments
               
 
               
Assets:
               
Electricity forwards, swaps and options
  Prepayments and other (current portion)   $160 million   ($7) million   Entergy Wholesale Commodities
Electricity forwards, swaps and options
  Other deferred debits and other assets (non-current portion)   $82 million   ($29) million   Entergy Wholesale Commodities
 
               
Liabilities:
               
Electricity forwards, swaps and options
  Other current liabilities (current portion)   $5 million   ($5) million   Entergy Wholesale Commodities
Electricity forwards, swaps and options
  Other non-current liabilities (non-current portion)   $47 million   ($30) million   Entergy Wholesale Commodities
                 
Instrument   Balance Sheet Location   Fair Value (a)   Offset (a)   Business
Derivatives not designated
as hedging instruments
               
 
               
Assets:
               
Electricity forwards, swaps and options
  Prepayments and other (current portion)   $2 million   $-   Entergy Wholesale Commodities
Electricity forwards, swaps and options
  Other deferred debits and other assets (non-current portion)   $14 million   ($8) million   Entergy Wholesale Commodities
 
               
Liabilities:
               
Electricity forwards, swaps and options
  Other current liabilities (current portion)   $2 million   ($2 million)   Entergy Wholesale Commodities
Electricity forwards, swaps and options
  Other non-current liabilities (non-current portion)   $7 million   ($7) million   Entergy Wholesale Commodities
Natural gas swaps
  Other current liabilities   $2 million   $-   Utility
 
(a)   The balances of derivative assets and liabilities in these tables are presented gross. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented on the Entergy Consolidated Balance Sheets on a net basis in accordance with accounting guidance for Derivatives and Hedging.
Derivative instruments designated as cash flow hedges on consolidated statements of income
     The effect of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended June 30, 2011 and 2010 are as follows:
             
            Amount of gain
    Amount of gain (loss)       reclassified from
    recognized in OCI       accumulated OCI into
Instrument   (effective portion)   Income Statement location   income (effective portion)
2011
           
Electricity forwards, swaps and options
  $19 million   Competitive businesses operating revenues   $32 million
 
           
2010
           
Electricity forwards, swaps and options
  ($71) million   Competitive businesses operating revenues   $67 million
     The effect of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the six months ended June 30, 2011 and 2010 are as follows:
             
            Amount of gain
    Amount of gain (loss)       reclassified from
    recognized in OCI       accumulated OCI into
Instrument   (effective portion)   Income Statement location   income (effective portion)
2011
           
Electricity forwards, swaps and options
  ($54) million   Competitive businesses operating revenues   $61 million
 
           
2010
           
Electricity forwards, swaps and options
  $197 million   Competitive businesses operating revenues   $103 million
Derivative instruments not designated as hedging instruments on the consolidated statements of income
     The effect of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended June 30, 2011 and 2010 is as follows:
             
    Amount of gain (loss)   Income Statement   Amount of gain (loss)
Instrument   recognized in OCI   location   recorded in income
2011
           
Natural gas swaps
  $-  
Fuel, fuel-related expenses, and gas purchased for resale
  ($9) million
Electricity forwards, swaps and options de-designated as hedged items
  ($4) million   Competitive business operating revenues   $4 million
 
           
2010
           
Natural gas swaps
  $-  
Fuel, fuel-related expenses, and gas purchased for resale
  $22 million
Electricity forwards, swaps and options de-designated as hedged items
  $3 million   Competitive business operating revenues   $—
     The effect of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 2011 and 2010 is as follows:
             
    Amount of gain   Income Statement   Amount of gain (loss)
Instrument   recognized in OCI   location   recorded in income
2011
           
Natural gas swaps
  $-  
Fuel, fuel-related expenses, and gas purchased for resale
  ($12) million
Electricity forwards, swaps and options de-designated as hedged items
  $6 million   Competitive business operating revenues   $6 million
 
           
2010
           
Natural gas swaps
  $-  
Fuel, fuel-related expenses, and gas purchased for resale
  ($63) million
Electricity forwards, swaps and options de-designated as hedged items
  $3 million   Competitive business operating revenues   $—
Assets and liabilities at fair value on a recurring basis
                                 
2011   Level 1     Level 2     Level 3     Total  
    (In Millions)  
Assets:
                               
Temporary cash investments
  $ 435     $ —     $ —     $ 435  
Decommissioning trust funds (a):
                               
Equity securities
    401       1,803       —       2,204  
Debt securities
    581       990       —       1,571  
Power contracts
    —       —       116       116  
Securitization recovery trust account
    34       —       —       34  
Storm reserve escrow account
    332       —       —       332  
 
                       
 
  $ 1,783     $ 2,793     $ 116     $ 4,692  
 
                       
 
                               
Liabilities:
                               
Gas hedge contracts
  $ 2     $ —     $ —     $ 2  
Power contracts
    —       —       18       18  
 
                       
 
  $ 2     $ —     $ 18     $ 20  
 
                       
                                 
2010   Level 1     Level 2     Level 3     Total  
    (In Millions)  
Assets:
                               
Temporary cash investments
  $ 1,218     $ —     $ —     $ 1,218  
Decommissioning trust funds (a):
                               
Equity securities
    387       1,689       —       2,076  
Debt securities
    497       1,023       —       1,520  
Power contracts
    —       —       214       214  
Securitization recovery trust account
    43       —       —       43  
Storm reserve escrow account
    329       —       —       329  
 
                       
 
  $ 2,474     $ 2,712     $ 214     $ 5,400  
 
                       
 
                               
Liabilities:
                               
Power contracts
  $ —     $ —     $ 17     $ 17  
Gas hedge contracts
    2       —       —       2  
 
                       
 
  $ 2     $ —     $ 17     $ 19  
 
                       
Reconciliation of changes in the assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy
     The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2011 and 2010:
                 
    2011     2010  
    (In Millions)  
Balance as of beginning of period
  $ 104     $ 432  
 
               
Unrealized gains/(losses) from price changes
    9       (68 )
Unrealized gains/(losses) on originations
    17       —  
Realized losses on settlements
    (32 )     (67 )
 
           
 
               
Balance as of June 30,
  $ 98     $ 297  
 
           
     The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2011 and 2010:
                 
    2011     2010  
    (In Millions)  
Balance as of January 1,
  $ 197     $ 200  
 
               
Unrealized gains/(losses) from price changes
    (53 )     193  
Unrealized gains/(losses) on originations
    15       7  
Realized losses on settlements
    (61 )     (103 )
 
           
 
               
Balance as of June 30,
  $ 98     $ 297