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Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
OPERATING REVENUES        
Electric $ 1,934,550 $ 2,212,038 $ 3,719,392 $ 4,077,936
Natural gas 23,879 28,891 69,886 100,014
Competitive businesses 560,171 562,350 1,112,982 1,166,538
TOTAL 2,518,600 2,803,279 4,902,260 5,344,488
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 437,157 563,333 975,994 1,071,026
Purchased power 345,298 451,227 630,264 813,845
Nuclear refueling outage expenses 57,822 62,966 121,706 126,951
Asset impairment 0 0 355,524 0
Other operation and maintenance 772,881 712,496 1,494,517 1,368,245
Decommissioning 11,942 55,497 69,845 110,762
Taxes other than income taxes 138,111 129,215 275,280 254,449
Depreciation and amortization 274,755 264,206 554,971 529,090
Other regulatory charges (credits) - net 137,650 5,601 138,032 491
TOTAL 2,175,616 2,244,541 4,616,133 4,274,859
OPERATING INCOME 342,984 558,738 286,127 1,069,629
OTHER INCOME        
Allowance for equity funds used during construction 28,282 20,753 52,590 38,042
Interest and investment income 29,285 35,921 70,276 62,668
Miscellaneous - net (13,036) (16,962) (31,025) (26,360)
TOTAL 44,531 39,712 91,841 74,350
INTEREST EXPENSE        
Interest expense 149,616 136,049 296,361 272,183
Allowance for borrowed funds used during construction (10,483) (9,150) (19,874) (17,684)
TOTAL 139,133 126,899 276,487 254,499
INCOME BEFORE INCOME TAXES 248,382 471,551 101,481 889,480
Income taxes (122,201) 150,953 (122,363) 315,203
CONSOLIDATED NET INCOME 370,583 320,598 223,844 [1] 574,277 [1]
Preferred dividend requirements of subsidiaries 5,582 5,015 10,526 10,031
EARNINGS APPLICABLE TO COMMON STOCK 365,001 315,583 213,318 564,246
Earnings per average common share:        
Basic $ 2.06 $ 1.77 $ 1.21 $ 3.16
Diluted $ 2.06 $ 1.76 $ 1.20 $ 3.14
Dividends declared per common share $ 0.83 $ 0.83 $ 1.66 $ 1.66
Basic average number of common shares outstanding 177,166,519 177,808,890 177,015,941 178,318,784
Diluted average number of common shares outstanding 177,565,351 178,925,180 177,470,486 179,502,551
Entergy Arkansas [Member]
       
OPERATING REVENUES        
Electric 502,022 516,833 977,200 960,331
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 112,126 86,882 246,928 169,113
Purchased power 94,373 115,489 173,169 208,343
Nuclear refueling outage expenses 11,763 10,258 23,550 20,219
Other operation and maintenance 140,458 127,246 265,831 244,230
Decommissioning 10,042 9,442 19,930 18,739
Taxes other than income taxes 21,713 18,952 42,397 38,531
Depreciation and amortization 55,364 54,252 110,605 109,510
Other regulatory charges (credits) - net (31,716) (4,760) (32,925) (8,331)
TOTAL 414,123 417,761 849,485 800,354
OPERATING INCOME 87,899 99,072 127,715 159,977
OTHER INCOME        
Allowance for equity funds used during construction 2,508 1,815 4,233 2,880
Interest and investment income 1,515 5,381 7,372 9,161
Miscellaneous - net (1,190) (1,140) (2,643) (1,889)
TOTAL 2,833 6,056 8,962 10,152
INTEREST EXPENSE        
Interest expense 20,425 20,960 41,175 42,023
Allowance for borrowed funds used during construction (634) (622) (1,076) (1,101)
TOTAL 19,791 20,338 40,099 40,922
INCOME BEFORE INCOME TAXES 70,941 84,790 96,578 129,207
Income taxes 25,186 34,492 36,949 53,301
CONSOLIDATED NET INCOME 45,755 50,298 59,629 75,906
Preferred dividend requirements of subsidiaries 1,718 1,718 3,437 3,437
EARNINGS APPLICABLE TO COMMON STOCK 44,037 48,580 56,192 72,469
Entergy Gulf States Louisiana [Member]
       
OPERATING REVENUES        
Electric 392,993 511,648 775,179 978,689
Natural gas 8,363 10,914 25,799 39,771
TOTAL 401,356 522,562 800,978 1,018,460
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 25,130 75,923 96,427 156,558
Purchased power 137,347 207,389 261,511 398,497
Nuclear refueling outage expenses 4,367 4,324 8,732 9,342
Other operation and maintenance 92,424 87,472 178,059 166,485
Decommissioning 3,728 3,522 7,404 6,993
Taxes other than income taxes 17,692 18,777 36,587 37,578
Depreciation and amortization 36,290 35,675 72,387 71,399
Other regulatory charges (credits) - net 28,341 (380) 28,608 (1,322)
TOTAL 345,319 432,702 689,715 845,530
OPERATING INCOME 56,037 89,860 111,263 172,930
OTHER INCOME        
Allowance for equity funds used during construction 2,490 2,163 4,752 3,903
Interest and investment income 8,670 10,473 19,908 19,831
Miscellaneous - net (2,485) (1,712) (5,112) (3,873)
TOTAL 8,675 10,924 19,548 19,861
INTEREST EXPENSE        
Interest expense 20,836 21,231 41,891 42,580
Allowance for borrowed funds used during construction (965) (828) (1,864) (1,693)
TOTAL 19,871 20,403 40,027 40,887
INCOME BEFORE INCOME TAXES 44,841 80,381 90,784 151,904
Income taxes (5,548) 29,976 12,036 54,879
CONSOLIDATED NET INCOME 50,389 50,405 78,748 97,025
Preferred dividend requirements of subsidiaries 206 206 412 412
EARNINGS APPLICABLE TO COMMON STOCK 50,183 50,199 78,336 96,613
Entergy Louisiana [Member]
       
OPERATING REVENUES        
Electric 561,787 651,847 1,044,145 1,167,281
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 114,824 143,532 186,883 228,757
Purchased power 158,905 230,546 337,118 430,924
Nuclear refueling outage expenses 6,084 6,706 12,470 14,181
Other operation and maintenance 112,295 106,439 228,036 212,804
Decommissioning 6,559 6,108 13,003 12,109
Taxes other than income taxes 16,927 18,345 34,209 35,084
Depreciation and amortization 54,153 51,777 107,832 101,423
Other regulatory charges (credits) - net 133,293 (8,254) 129,705 (12,210)
TOTAL 603,040 555,199 1,049,256 1,023,072
OPERATING INCOME (41,253) 96,648 (5,111) 144,209
OTHER INCOME        
Allowance for equity funds used during construction 8,602 8,277 17,051 15,651
Interest and investment income 20,364 23,716 41,612 44,126
Miscellaneous - net (828) (134) (2,199) (656)
TOTAL 28,138 31,859 56,464 59,121
INTEREST EXPENSE        
Interest expense 33,035 30,700 65,703 59,335
Allowance for borrowed funds used during construction (3,895) (4,306) (7,754) (8,403)
TOTAL 29,140 26,394 57,949 50,932
INCOME BEFORE INCOME TAXES (42,255) 102,113 (6,596) 152,398
Income taxes (172,969) 27,010 (170,605) 36,997
CONSOLIDATED NET INCOME 130,714 75,103 164,009 115,401
Preferred dividend requirements of subsidiaries 1,738 1,738 3,475 3,475
EARNINGS APPLICABLE TO COMMON STOCK 128,976 73,365 160,534 111,926
Entergy Mississippi [Member]
       
OPERATING REVENUES        
Electric 277,204 302,194 538,964 591,177
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 62,914 50,564 147,473 131,870
Purchased power 72,895 100,370 138,323 175,504
Other operation and maintenance 60,261 55,339 108,597 103,346
Taxes other than income taxes 18,454 17,391 37,238 34,562
Depreciation and amortization 24,287 23,167 48,074 46,154
Other regulatory charges (credits) - net (3,832) 5,083 (11,304) 12,175
TOTAL 234,979 251,914 468,401 503,611
OPERATING INCOME 42,225 50,280 70,563 87,566
OTHER INCOME        
Allowance for equity funds used during construction 1,025 2,225 2,190 4,319
Interest and investment income 14 16 24 67
Miscellaneous - net (1,055) (1,283) (2,110) (1,837)
TOTAL (16) 958 104 2,549
INTEREST EXPENSE        
Interest expense 14,103 15,046 28,648 28,449
Allowance for borrowed funds used during construction (547) (1,237) (1,163) (2,402)
TOTAL 13,556 13,809 27,485 26,047
INCOME BEFORE INCOME TAXES 28,653 37,429 43,182 64,068
Income taxes 12,739 13,600 18,586 22,925
CONSOLIDATED NET INCOME 15,914 23,829 24,596 41,143
Preferred dividend requirements of subsidiaries 707 707 1,414 1,414
EARNINGS APPLICABLE TO COMMON STOCK 15,207 23,122 23,182 39,729
Entergy New Orleans
       
OPERATING REVENUES        
Electric 113,729 132,521 214,313 248,511
Natural gas 15,515 17,977 44,087 60,243
TOTAL 129,244 150,498 258,400 308,754
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 11,605 34,832 39,287 80,685
Purchased power 54,401 51,475 101,632 99,381
Other operation and maintenance 32,908 28,966 63,804 56,038
Taxes other than income taxes 10,621 10,131 21,169 21,152
Depreciation and amortization 9,199 8,906 18,268 17,898
Other regulatory charges (credits) - net 501 478 981 957
TOTAL 119,235 134,788 245,141 276,111
OPERATING INCOME 10,009 15,710 13,259 32,643
OTHER INCOME        
Allowance for equity funds used during construction 153 116 302 222
Interest and investment income 6 9 21 63
Miscellaneous - net (357) (293) (762) (529)
TOTAL (198) (168) (439) (244)
INTEREST EXPENSE        
Interest expense 2,795 2,764 5,628 5,553
Allowance for borrowed funds used during construction (71) (52) (142) (100)
TOTAL 2,724 2,712 5,486 5,453
INCOME BEFORE INCOME TAXES 7,087 12,830 7,334 26,946
Income taxes (99) 4,623 108 9,812
CONSOLIDATED NET INCOME 7,186 8,207 7,226 17,134
Preferred dividend requirements of subsidiaries 241 241 482 482
EARNINGS APPLICABLE TO COMMON STOCK 6,945 7,966 6,744 16,652
Entergy Texas [Member]
       
OPERATING REVENUES        
Electric 358,067 444,423 684,991 793,307
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 30,893 75,742 74,931 119,823
Purchased power 170,602 210,847 322,725 391,511
Other operation and maintenance 56,625 49,677 112,448 96,918
Taxes other than income taxes 15,814 15,030 31,609 29,887
Depreciation and amortization 21,117 19,710 41,844 39,236
Other regulatory charges (credits) - net 14,033 15,735 27,389 12,657
TOTAL 309,084 386,741 610,946 690,032
OPERATING INCOME 48,983 57,682 74,045 103,275
OTHER INCOME        
Allowance for equity funds used during construction 985 781 2,074 1,547
Interest and investment income 1,458 2,048 2,918 2,738
Miscellaneous - net (849) (795) (1,644) (970)
TOTAL 1,594 2,034 3,348 3,315
INTEREST EXPENSE        
Interest expense 23,454 22,964 47,264 45,041
Allowance for borrowed funds used during construction (658) (542) (1,384) (1,068)
TOTAL 22,796 22,422 45,880 43,973
INCOME BEFORE INCOME TAXES 27,781 37,294 31,513 62,617
Income taxes 11,577 14,197 13,565 23,794
CONSOLIDATED NET INCOME 16,204 23,097 17,948 38,823
System Energy [Member]
       
OPERATING REVENUES        
Electric 113,699 129,120 239,733 257,515
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 3,077 19,485 13,438 39,175
Nuclear refueling outage expenses 2,884 4,067 7,048 8,089
Other operation and maintenance 33,441 34,886 67,725 63,843
Decommissioning 8,180 7,614 16,214 15,816
Taxes other than income taxes 5,519 5,790 11,032 11,213
Depreciation and amortization 25,324 25,583 54,998 54,246
Other regulatory charges (credits) - net (2,971) (2,301) (4,423) (5,250)
TOTAL 75,454 95,124 166,032 187,132
OPERATING INCOME 38,245 33,996 73,701 70,383
OTHER INCOME        
Allowance for equity funds used during construction 12,518 5,376 21,987 9,521
Interest and investment income 2,076 2,508 5,602 5,049
Miscellaneous - net (143) (145) (300) (249)
TOTAL 14,451 7,739 27,289 14,321
INTEREST EXPENSE        
Interest expense 10,596 7,736 21,445 19,125
Allowance for borrowed funds used during construction (3,714) (1,563) (6,491) (2,916)
TOTAL 6,882 6,173 14,954 16,209
INCOME BEFORE INCOME TAXES 45,814 35,562 86,036 68,495
Income taxes 10,446 13,576 24,132 27,173
CONSOLIDATED NET INCOME $ 35,368 $ 21,986 $ 61,904 $ 41,322
[1] (a) Consolidated net income and preferred dividend requirements of subsidiaries for 2012 and 2011 include $7.2 million and $6.7 million, respectively, of preferred dividends on subsidiaries' preferred stock without sinking fund that is not presented as equity.