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Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
OPERATING REVENUES        
Electric $ 2,824,055 $ 2,704,800 $ 7,424,360 $ 6,831,290
Natural gas 28,039 26,113 141,727 113,315
Competitive businesses 606,016 621,046 2,097,516 1,754,436
TOTAL 3,458,110 3,351,959 9,663,603 8,699,041
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 858,901 818,254 2,006,811 1,818,194
Purchased power 465,106 392,545 1,557,631 1,251,418
Nuclear refueling outage expenses 71,651 64,758 197,692 191,940
Other operation and maintenance 841,939 839,348 2,392,590 2,437,801
Impairment of Long-Lived Assets Held-for-use and Write-Off Of Regulatory Asset For New Nuclear 163,835   167,772  
Impairment of Long-Lived Assets Held-for-use   291,505 106,915 291,505
Decommissioning 68,370 60,848 201,418 179,342
Taxes other than income taxes 159,735 156,950 466,939 452,934
Depreciation and amortization 332,079 325,149 992,544 923,541
Other regulatory charges (credits) - net 3,635 13,708 (7,010) 22,914
TOTAL 2,965,251 2,963,065 7,976,387 7,569,589
OPERATING INCOME 492,859 388,894 1,687,216 1,129,452
OTHER INCOME        
Allowance for equity funds used during construction 16,737 17,676 46,654 46,675
Interest and investment income 49,547 23,430 109,040 102,277
Miscellaneous - net (6,644) (10,214) (33,026) (36,992)
TOTAL 59,640 30,892 122,668 111,960
INTEREST EXPENSE        
Interest expense 164,482 157,504 491,359 466,422
Allowance for borrowed funds used during construction (8,664) (6,453) (24,199) (18,432)
TOTAL 155,818 151,051 467,160 447,990
INCOME BEFORE INCOME TAXES 396,681 268,735 1,342,724 793,422
Income taxes 161,765 24,553 507,474 214,202
CONSOLIDATED NET INCOME 234,916 244,182 835,250 579,220 [1]
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 4,879 4,332 14,656 14,247
EARNINGS APPLICABLE TO COMMON STOCK 230,037 239,850 820,594 564,973
Earnings per average common share:        
Basic (in dollars per share) $ 1.28 $ 1.35 $ 4.58 $ 3.17
Diluted (in dollars per share) $ 1.27 $ 1.34 $ 4.56 $ 3.16
Dividends declared per common share (in dollars per share) $ 0.83 $ 0.83 $ 2.49 $ 2.49
Basic average number of common shares outstanding (in shares) 179,610,067 178,283,721 179,256,975 178,170,339
Diluted average number of common shares outstanding (in shares) 180,527,116 178,652,210 179,867,018 178,520,063
Entergy Arkansas [Member]
       
OPERATING REVENUES        
Electric 627,153 647,671 1,653,656 1,698,716
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 86,932 113,523 196,007 321,373
Purchased power 141,042 131,736 433,513 369,643
Nuclear refueling outage expenses 12,541 9,403 30,717 29,031
Other operation and maintenance 170,868 147,513 468,124 438,021
Decommissioning 11,938 10,847 34,853 32,044
Taxes other than income taxes 26,081 24,303 69,515 69,073
Depreciation and amortization 59,805 58,083 176,634 172,059
Other regulatory charges (credits) - net 2,589 (5,418) (6,394) (14,465)
TOTAL 511,796 489,990 1,402,969 1,416,779
OPERATING INCOME 115,357 157,681 250,687 281,937
OTHER INCOME        
Allowance for equity funds used during construction 1,816 2,902 5,229 7,852
Interest and investment income 12,812 1,525 20,425 18,411
Miscellaneous - net (30) (629) (761) (2,573)
TOTAL 14,598 3,798 24,893 23,690
INTEREST EXPENSE        
Interest expense 23,342 23,253 69,863 69,290
Allowance for borrowed funds used during construction (942) (744) (2,728) (2,473)
TOTAL 22,400 22,509 67,135 66,817
INCOME BEFORE INCOME TAXES 107,555 138,970 208,445 238,810
Income taxes 44,575 56,393 88,090 101,031
CONSOLIDATED NET INCOME 62,980 82,577 120,355 137,779
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 1,718 1,718 5,155 5,155
EARNINGS APPLICABLE TO COMMON STOCK 61,262 80,859 115,200 132,624
Entergy Gulf States Louisiana [Member]
       
OPERATING REVENUES        
Electric 600,208 549,123 1,622,236 1,428,155
Natural gas 10,285 9,208 55,586 42,492
TOTAL 610,493 558,331 1,677,822 1,470,647
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 141,354 104,932 289,030 213,270
Purchased power 206,360 194,455 659,275 560,531
Nuclear refueling outage expenses 5,419 5,419 16,024 14,955
Other operation and maintenance 100,908 105,107 283,584 300,012
Decommissioning 4,240 4,005 12,542 11,845
Taxes other than income taxes 22,393 21,346 64,139 60,729
Depreciation and amortization 39,068 37,703 116,042 113,002
Other regulatory charges (credits) - net (5,947) 80 (12,438) 5,080
TOTAL 513,795 473,047 1,428,198 1,279,424
OPERATING INCOME 96,698 85,284 249,624 191,223
OTHER INCOME        
Allowance for equity funds used during construction 2,099 2,171 5,440 5,630
Interest and investment income 11,565 9,428 29,058 34,239
Miscellaneous - net (2,477) (2,822) (7,844) (7,861)
TOTAL 11,187 8,777 26,654 32,008
INTEREST EXPENSE        
Interest expense 24,783 20,498 65,353 60,971
Allowance for borrowed funds used during construction (1,207) (690) (3,128) (2,041)
TOTAL 23,576 19,808 62,225 58,930
INCOME BEFORE INCOME TAXES 84,309 74,253 214,053 164,301
Income taxes 28,774 11,611 75,875 44,773
CONSOLIDATED NET INCOME 55,535 62,642 138,178 119,528
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 206 206 621 619
EARNINGS APPLICABLE TO COMMON STOCK 55,329 62,436 137,557 118,909
Entergy Louisiana [Member]
       
OPERATING REVENUES        
Electric 870,181 782,789 2,230,083 2,024,679
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 289,480 206,329 549,087 418,188
Purchased power 211,954 213,832 719,697 679,254
Nuclear refueling outage expenses 6,995 9,317 23,636 25,248
Other operation and maintenance 123,809 123,344 352,579 355,696
Decommissioning 6,201 5,437 18,370 16,106
Taxes other than income taxes 18,524 19,337 58,014 57,124
Depreciation and amortization 63,479 60,664 189,000 181,409
Other regulatory charges (credits) - net (10,856) (1,318) (26,128) (7,612)
TOTAL 709,586 636,942 1,884,255 1,725,413
OPERATING INCOME 160,595 145,847 345,828 299,266
OTHER INCOME        
Allowance for equity funds used during construction 10,066 8,854 28,159 21,693
Interest and investment income 34,212 21,149 76,476 64,064
Miscellaneous - net 320 (618) 1,462 (2,271)
TOTAL 44,598 29,385 106,097 83,486
INTEREST EXPENSE        
Interest expense 42,334 39,206 123,709 112,539
Allowance for borrowed funds used during construction (5,293) (3,714) (14,809) (9,198)
TOTAL 37,041 35,492 108,900 103,341
INCOME BEFORE INCOME TAXES 168,152 139,740 343,025 279,411
Income taxes 44,331 39,143 91,159 72,061
CONSOLIDATED NET INCOME 123,821 100,597 251,866 207,350
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 1,738 1,738 5,232 5,213
EARNINGS APPLICABLE TO COMMON STOCK 122,083 98,859 246,634 202,137
Entergy Mississippi [Member]
       
OPERATING REVENUES        
Electric 425,341 397,833 1,144,175 1,015,513
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 85,185 118,688 219,013 263,437
Purchased power 145,266 97,709 393,054 275,783
Other operation and maintenance 69,259 62,263 193,959 189,822
Write-Off Of Regulatory Asset For New Nuclear 60,857 0 60,857 0
Taxes other than income taxes 22,060 21,208 66,060 61,322
Depreciation and amortization 28,625 27,717 85,130 81,268
Other regulatory charges (credits) - net 4,686 62 504 (10,237)
TOTAL 415,938 327,647 1,018,577 861,395
OPERATING INCOME 9,403 70,186 125,598 154,118
OTHER INCOME        
Allowance for equity funds used during construction 579 371 1,428 1,817
Interest and investment income 274 239 938 565
Miscellaneous - net (728) (767) (2,981) (2,601)
TOTAL 125 (157) (615) (219)
INTEREST EXPENSE        
Interest expense 14,099 14,585 42,923 44,753
Allowance for borrowed funds used during construction (303) (307) (745) (1,233)
TOTAL 13,796 14,278 42,178 43,520
INCOME BEFORE INCOME TAXES (4,268) 55,751 82,805 110,379
Income taxes 2,196 21,938 36,866 43,678
CONSOLIDATED NET INCOME (6,464) 33,813 45,939 66,701
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 707 707 2,121 2,121
EARNINGS APPLICABLE TO COMMON STOCK (7,171) 33,106 43,818 64,580
Entergy New Orleans [Member]
       
OPERATING REVENUES        
Electric 165,218 161,737 453,386 397,126
Natural gas 17,753 16,904 86,141 70,822
TOTAL 182,971 178,641 539,527 467,948
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 43,056 42,207 137,922 83,656
Purchased power 64,396 63,705 197,299 192,028
Other operation and maintenance 28,159 33,820 84,530 102,187
Taxes other than income taxes 12,539 13,373 37,153 37,141
Depreciation and amortization 9,834 9,392 29,040 28,394
Other regulatory charges (credits) - net 121 249 574 748
TOTAL 158,105 162,746 486,518 444,154
OPERATING INCOME 24,866 15,895 53,009 23,794
OTHER INCOME        
Allowance for equity funds used during construction 156 223 716 656
Interest and investment income 11 24 49 68
Miscellaneous - net (213) (277) (797) (921)
TOTAL (46) (30) (32) (197)
INTEREST EXPENSE        
Interest expense 3,263 3,661 9,928 10,312
Allowance for borrowed funds used during construction (76) (130) (350) (351)
TOTAL 3,187 3,531 9,578 9,961
INCOME BEFORE INCOME TAXES 21,633 12,334 43,399 13,636
Income taxes 7,701 4,248 14,799 3,646
CONSOLIDATED NET INCOME 13,932 8,086 28,600 9,990
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 241 241 724 724
EARNINGS APPLICABLE TO COMMON STOCK 13,691 7,845 27,876 9,266
Entergy Texas [Member]
       
OPERATING REVENUES        
Electric 528,508 526,978 1,451,696 1,288,251
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 92,748 101,094 232,974 135,038
Purchased power 228,755 220,490 686,794 647,437
Other operation and maintenance 56,367 60,913 166,556 184,580
Taxes other than income taxes 18,873 16,805 52,631 46,506
Depreciation and amortization 25,041 23,659 74,398 70,731
Other regulatory charges (credits) - net 23,813 24,587 59,218 59,897
TOTAL 445,597 447,548 1,272,571 1,144,189
OPERATING INCOME 82,911 79,430 179,125 144,062
OTHER INCOME        
Allowance for equity funds used during construction 726 890 2,182 3,559
Interest and investment income 307 228 782 914
Miscellaneous - net (277) (625) (1,617) (1,968)
TOTAL 756 493 1,347 2,505
INTEREST EXPENSE        
Interest expense 21,352 23,069 66,961 69,401
Allowance for borrowed funds used during construction (505) (647) (1,520) (2,533)
TOTAL 20,847 22,422 65,441 66,868
INCOME BEFORE INCOME TAXES 62,820 57,501 115,031 79,699
Income taxes 23,261 21,700 43,722 32,023
CONSOLIDATED NET INCOME 39,559 35,801 71,309 47,676
System Energy [Member]
       
OPERATING REVENUES        
Electric 172,151 192,679 493,648 533,434
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 23,286 26,974 60,545 77,077
Nuclear refueling outage expenses 5,808 7,418 17,501 22,133
Other operation and maintenance 44,573 43,577 113,373 123,955
Decommissioning 10,546 8,946 31,106 26,364
Taxes other than income taxes 6,283 6,291 19,157 19,264
Depreciation and amortization 33,941 51,981 107,252 119,427
Other regulatory charges (credits) - net (10,770) (4,537) (22,346) (10,499)
TOTAL 113,667 140,650 326,588 377,721
OPERATING INCOME 58,484 52,029 167,060 155,713
OTHER INCOME        
Allowance for equity funds used during construction 1,295 2,267 3,499 5,470
Interest and investment income 2,921 1,259 8,724 6,450
Miscellaneous - net (88) (134) (289) (493)
TOTAL 4,128 3,392 11,934 11,427
INTEREST EXPENSE        
Interest expense 15,501 9,756 43,102 28,411
Allowance for borrowed funds used during construction (338) (223) (920) (604)
TOTAL 15,163 9,533 42,182 27,807
INCOME BEFORE INCOME TAXES 47,449 45,888 136,812 139,333
Income taxes 20,719 10,783 59,532 48,488
CONSOLIDATED NET INCOME $ 26,730 $ 35,105 $ 77,280 $ 90,845
[1] Consolidated net income and preferred dividend requirements of subsidiaries for 2014 and 2013 include $6.4 million and $6.6 million, respectively, of preferred dividends on subsidiaries’ preferred stock without sinking fund that is not presented within equity.