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Risk Management And Fair Values (Tables)

9 Months Ended

Sep. 30, 2014

The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2014 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting arrangements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.



Instrument	Balance Sheet Location	Fair Value (a)	Offset (b)	Net (c) (d)	Business
		(In Millions)
Derivatives designated as hedging instruments
Assets:
Electricity swaps and options	Prepayments and other (current portion)	$118	($117)	$1	Entergy Wholesale Commodities
Electricity swaps and options	Other deferred debits and other assets (non-current portion)	$21	($16)	$5	Entergy Wholesale Commodities
Liabilities:
Electricity swaps and options	Other current liabilities (current portion)	$206	($145)	$61	Entergy Wholesale Commodities
Electricity swaps and options	Other non-current liabilities (non-current portion)	$33	($14)	$19	Entergy Wholesale Commodities
Derivatives not designated as hedging instruments
Assets:
Electricity swaps and options	Prepayments and other (current portion)	$93	($82)	$11	Entergy Wholesale Commodities
Electricity swaps and options	Other deferred debits and other assets (non-current portion)	$8	($8)	$—	Entergy Wholesale Commodities
FTRs	Prepayments and other	$92	($9)	$83	Utility and Entergy Wholesale Commodities
Liabilities:
Electricity swaps and options	Other current liabilities(current portion)	$78	($54)	$24	Entergy Wholesale Commodities
Electricity swaps and options	Other non-current liabilities (non-current portion)	$14	($10)	$4	Entergy Wholesale Commodities
Natural gas swaps	Other current liabilities	$1	$—	$1	Utility

The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2013 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting arrangements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.



Instrument	Balance Sheet Location	Fair Value (a)	Offset (b)	Net (c) (d)	Business
		(In Millions)
Derivatives designated as hedging instruments
Assets:
Electricity swaps and options	Prepayments and other (current portion)	$118	($99)	$19	Entergy Wholesale Commodities
Electricity swaps and options	Other deferred debits and other assets (non-current portion)	$17	($17)	$—	Entergy Wholesale Commodities
Liabilities:
Electricity swaps and options	Other current liabilities (current portion)	$197	($131)	$66	Entergy Wholesale Commodities
Electricity swaps and options	Other non-current liabilities (non-current portion)	$46	($17)	$29	Entergy Wholesale Commodities
Derivatives not designated as hedging instruments
Assets:
Electricity swaps and options	Prepayments and other (current portion)	$177	($122)	$55	Entergy Wholesale Commodities
Natural gas swaps	Prepayments and other	$6	$—	$6	Utility
FTRs	Prepayments and other	$36	($2)	$34	Utility and Entergy Wholesale Commodities
Liabilities:
Electricity swaps and options	Other current liabilities (current portion)	$201	($89)	$112	Entergy Wholesale Commodities


(a)	Represents the gross amounts of recognized assets/liabilities


(b)	Represents the netting of fair value balances with the same counterparty


(c)	Represents the net amounts of assets /liabilities presented on the Entergy Consolidated Balance Sheets


(d)	Excludes cash collateral in the amounts of $4 million posted as of September 30, 2014 and $47 million posted and $4 million held as of December 31, 2013

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 September 30, 2014 and 2013 are as follows:



Instrument	Amount of gain (loss) recognized in other comprehensive income	Income Statement location	Amount of gain reclassified from AOCI into income
	(In Millions)		(In Millions)
2014
Electricity swaps and options	$8	Competitive businesses operating revenues	$13

2013
Electricity swaps and options	($4)	Competitive businesses operating revenues	$35

The effect of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2014 and 2013 are as follows:



Instrument	Amount of loss recognized in other comprehensive income	Income Statement location	Amount of gain (loss) reclassified from AOCI into income
	(In Millions)		(In Millions)
2014
Electricity swaps and options	($177)	Competitive businesses operating revenues	($182)

2013
Electricity swaps and options	($78)	Competitive businesses operating revenues	$38

Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income



Instrument	Amount of gain (loss) recognized in AOCI	Income Statement location		Amount of gain (loss) recorded in the income statement
	(In Millions)			(In Millions)
2014
Natural gas swaps	$—	Fuel, fuel-related expenses, and gas purchased for resale	(a)	($8)
FTRs	$—	Purchased power expense	(b)	$47
Electricity swaps and options de-designated as hedged items	($9)	Competitive business operating revenues		($5)

2013
Natural gas swaps	$—	Fuel, fuel-related expenses, and gas purchased for resale	(a)	($1)
Electricity swaps and options de-designated as hedged items	$4	Competitive business operating revenues		$12

The effect of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2014 and 2013 is as follows:



Instrument	Amount of gain (loss) recognized in AOCI	Income Statement location		Amount of gain recorded in the income statement
	(In Millions)			(In Millions)
2014
Natural gas swaps	$—	Fuel, fuel-related expenses, and gas purchased for resale	(a)	$13
FTRs	$—	Purchased power expense	(b)	$182
Electricity swaps and options de-designated as hedged items	($2)	Competitive business operating revenues		$20

2013
Natural gas swaps	$—	Fuel, fuel-related expenses, and gas purchased for resale	(a)	$8
Electricity swaps and options de-designated as hedged items	$4	Competitive business operating revenues		$2

Assets and liabilities at fair value on a recurring basis

The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of September 30, 2014 and December 31, 2013. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect their placement within the fair value hierarchy levels.



2014	Level 1		Level 2			Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$978		$—			$—		$978
Decommissioning trust funds (a):
Equity securities	435		2,739		(b)	—		3,174
Debt securities	856		1,150			—		2,006
Power contracts	—		—			17		17
Securitization recovery trust account	51		—			—		51
Escrow accounts	360		—			—		360
FTRs	—		—			83		83
		$2,680		$3,889			$100		$6,669
Liabilities:
Power contracts		$—		$—			$108		$108
Gas hedge contracts	1		—			—		1
		$1		$—			$108		$109



2013	Level 1		Level 2			Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$609		$—			$—		$609
Decommissioning trust funds (a):
Equity securities	472		2,601		(b)	—		3,073
Debt securities	783		1,047			—		1,830
Power contracts	—		—			74		74
Securitization recovery trust account	46		—			—		46
Escrow accounts	115		—			—		115
Gas hedge contracts	6		—			—		6
FTRs	—		—			34		34
		$2,031		$3,648			$108		$5,787
Liabilities:
Power contracts		$—		$—			$207		$207


(a)	The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios.


(b)	Commingled equity funds may be redeemed bi-monthly.

Reconciliation of changes in the net 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 September 30, 2014 and 2013:



	2014						2013
	Power Contracts			FTRs			Power Contracts
	(In Millions)
Balance as of July 1,		($88	)		$144			$83
Realized losses included in earnings	(10		)	—			(5		)
Unrealized gains included in earnings	4			1			11
Unrealized gains (losses) included in OCI	37			—			(4		)
Unrealized losses included as a regulatory liability/asset	—			(14		)	—
Purchases	7			—			—
Settlements	(41		)	(48		)	(36		)
Balance as of September 30,		($91	)		$83			$49



	2014						2013
	Power Contracts			FTRs			Power Contracts
	(In Millions)
Balance as of January 1,		($133	)		$34			$178
Realized losses included in earnings	(69		)	—			(27		)
Unrealized gains included in earnings	90			3			14
Unrealized losses included in OCI	(182		)	—			(78		)
Unrealized gains included as a regulatory liability/asset	—			108			—
Issuances of FTRs	—			121			—
Purchases	15			—			—
Settlements	188			(183		)	(38		)
Balance as of September 30,		($91	)		$83			$49

Fair Value Inputs Liabilities Quantitative Information

The following table sets forth a description of the types of transactions classified as Level 3 in the fair value hierarchy and significant unobservable inputs to each which cause that classification as of September 30, 2014:



Transaction Type	Fair Value as of September 30, 2014	Significant Unobservable Inputs	Range from Average %		Effect on Fair Value
	(In Millions)				(In Millions)
Electricity swaps	($120)	Unit contingent discount	+/-	3%	($4)
Electricity options	$29	Implied volatility	+/-	69%	$30

Entergy Arkansas [Member]

Fair Values Of Derivative Instruments

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2014 are as follows:



Instrument	Balance Sheet Location	Fair Value (a)	Registrant
		(In Millions)
Assets:
FTRs	Prepayments and other	$0.5	Entergy Arkansas
FTRs	Prepayments and other	$26.8	Entergy Gulf States Louisiana
FTRs	Prepayments and other	$14.7	Entergy Louisiana
FTRs	Prepayments and other	$6.1	Entergy Mississippi
FTRs	Prepayments and other	$6.0	Entergy New Orleans
FTRs	Prepayments and other	$27.5	Entergy Texas

Liabilities:
Natural gas swaps	Other current liabilities	$0.5	Entergy Gulf States Louisiana
Natural gas swaps	Other current liabilities	$0.3	Entergy Louisiana
Natural gas swaps	Other current liabilities	$0.1	Entergy Mississippi
Natural gas swaps	Other current liabilities	$0.1	Entergy New Orleans

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2013 are as follows:



Instrument	Balance Sheet Location	Fair Value (a)		Registrant
		(In Millions)
Assets:
Natural gas swaps	Gas hedge contracts		$2.2	Entergy Gulf States Louisiana
Natural gas swaps	Gas hedge contracts		$2.9	Entergy Louisiana
Natural gas swaps	Prepayments and other		$0.7	Entergy Mississippi
Natural gas swaps	Prepayments and other		$0.1	Entergy New Orleans

FTRs	Prepayments and other		$6.7	Entergy Gulf States Louisiana
FTRs	Prepayments and other		$5.7	Entergy Louisiana
FTRs	Prepayments and other		$1.0	Entergy Mississippi
FTRs	Prepayments and other		$2.0	Entergy New Orleans
FTRs	Prepayments and other		$18.4	Entergy Texas


(a)	No cash collateral was required to be posted as of September 30, 2014 and December 31, 2013, respectively.

Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income

The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended September 30, 2014 and 2013 are as follows:



Instrument	Income Statement Location	Amount of gain (loss) recorded in the income statement	Registrant
		(In Millions)
2014
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($1.6)	Entergy Mississippi

FTRs	Purchased power expense	$4.9	Entergy Arkansas
FTRs	Purchased power expense	$10.6	Entergy Gulf States Louisiana
FTRs	Purchased power expense	$13.4	Entergy Louisiana
FTRs	Purchased power expense	$3.3	Entergy Mississippi
FTRs	Purchased power expense	$5.1	Entergy New Orleans
FTRs	Purchased power expense	$9.8	Entergy Texas

2013
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.3)	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.1)	Entergy New Orleans

The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 30, 2014 and 2013 are as follows:



Instrument	Income Statement Location	Amount of gain (loss) recorded in the income statement	Registrant
		(In Millions)
2014
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$4.8	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$6.5	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$0.6	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$0.7	Entergy New Orleans

FTRs	Purchased power expense	$16.7	Entergy Arkansas
FTRs	Purchased power expense	$45.7	Entergy Gulf States Louisiana
FTRs	Purchased power expense	$33.8	Entergy Louisiana
FTRs	Purchased power expense	$15.6	Entergy Mississippi
FTRs	Purchased power expense	$11.4	Entergy New Orleans
FTRs	Purchased power expense	$56.0	Entergy Texas

2013
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$2.4	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$3.2	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$2.2	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.2)	Entergy New Orleans

Assets and liabilities at fair value on a recurring basis

Entergy Arkansas



2014	Level 1		Level 2			Level 3		Total
	(In Millions)
Assets:
Decommissioning trust funds (a):
Equity securities		$4.9		$457.9	(b)		$—		$462.8
Debt securities	67.0		215.3			—		282.3
Securitization recovery trust account	8.3		—			—		8.3
Escrow accounts	12.2		—			—		12.2
FTRs	—		—			0.5		0.5
		$92.4		$673.2			$0.5		$766.1



2013	Level 1		Level 2			Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$122.8		$—			$—		$122.8
Decommissioning trust funds (a):
Equity securities	13.6		449.7		(b)	—		463.3
Debt securities	58.6		189.0			—		247.6
Securitization recovery trust account	3.8		—			—		3.8
Escrow accounts	26.0		—			—		26.0
		$224.8		$638.7			$—		$863.5

Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy



	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas
	(In Millions)
Balance as of July 1,		$3.0			$47.2			$23.6			$12.7			$8.5			$47.8
Unrealized gains (losses) included as a regulatory liability/asset	2.4			(9.8		)	4.5			(3.3		)	2.6			(10.5		)
Settlements	(4.9		)	(10.6		)	(13.4		)	(3.3		)	(5.1		)	(9.8		)
Balance as of September 30,		$0.5			$26.8			$14.7			$6.1			$6.0			$27.5



	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas
	(In Millions)
Balance as of January 1,		$—			$6.7			$5.7			$1.0			$2.0			$18.4
Issuances of FTRs	4.2			37.3			21.5			15.2			8.3			33.2
Unrealized gains included as a regulatory liability/asset	13.0			28.5			21.3			5.5			7.1			31.9
Settlements	(16.7		)	(45.7		)	(33.8		)	(15.6		)	(11.4		)	(56.0		)
Balance as of September 30,		$0.5			$26.8			$14.7			$6.1			$6.0			$27.5

Entergy Gulf States Louisiana [Member]

Fair Values Of Derivative Instruments

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2014 are as follows:



Instrument	Balance Sheet Location	Fair Value (a)	Registrant
		(In Millions)
Assets:
FTRs	Prepayments and other	$0.5	Entergy Arkansas
FTRs	Prepayments and other	$26.8	Entergy Gulf States Louisiana
FTRs	Prepayments and other	$14.7	Entergy Louisiana
FTRs	Prepayments and other	$6.1	Entergy Mississippi
FTRs	Prepayments and other	$6.0	Entergy New Orleans
FTRs	Prepayments and other	$27.5	Entergy Texas

Liabilities:
Natural gas swaps	Other current liabilities	$0.5	Entergy Gulf States Louisiana
Natural gas swaps	Other current liabilities	$0.3	Entergy Louisiana
Natural gas swaps	Other current liabilities	$0.1	Entergy Mississippi
Natural gas swaps	Other current liabilities	$0.1	Entergy New Orleans

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2013 are as follows:



Instrument	Balance Sheet Location	Fair Value (a)		Registrant
		(In Millions)
Assets:
Natural gas swaps	Gas hedge contracts		$2.2	Entergy Gulf States Louisiana
Natural gas swaps	Gas hedge contracts		$2.9	Entergy Louisiana
Natural gas swaps	Prepayments and other		$0.7	Entergy Mississippi
Natural gas swaps	Prepayments and other		$0.1	Entergy New Orleans

FTRs	Prepayments and other		$6.7	Entergy Gulf States Louisiana
FTRs	Prepayments and other		$5.7	Entergy Louisiana
FTRs	Prepayments and other		$1.0	Entergy Mississippi
FTRs	Prepayments and other		$2.0	Entergy New Orleans
FTRs	Prepayments and other		$18.4	Entergy Texas


(a)	No cash collateral was required to be posted as of September 30, 2014 and December 31, 2013, respectively.



Instrument	Income Statement Location	Amount of gain (loss) recorded in the income statement	Registrant
		(In Millions)
2014
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($1.6)	Entergy Mississippi

FTRs	Purchased power expense	$4.9	Entergy Arkansas
FTRs	Purchased power expense	$10.6	Entergy Gulf States Louisiana
FTRs	Purchased power expense	$13.4	Entergy Louisiana
FTRs	Purchased power expense	$3.3	Entergy Mississippi
FTRs	Purchased power expense	$5.1	Entergy New Orleans
FTRs	Purchased power expense	$9.8	Entergy Texas

2013
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.3)	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.1)	Entergy New Orleans

Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income



Instrument	Income Statement Location	Amount of gain (loss) recorded in the income statement	Registrant
		(In Millions)
2014
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$4.8	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$6.5	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$0.6	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$0.7	Entergy New Orleans

FTRs	Purchased power expense	$16.7	Entergy Arkansas
FTRs	Purchased power expense	$45.7	Entergy Gulf States Louisiana
FTRs	Purchased power expense	$33.8	Entergy Louisiana
FTRs	Purchased power expense	$15.6	Entergy Mississippi
FTRs	Purchased power expense	$11.4	Entergy New Orleans
FTRs	Purchased power expense	$56.0	Entergy Texas

2013
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$2.4	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$3.2	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$2.2	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.2)	Entergy New Orleans

Assets and liabilities at fair value on a recurring basis

Entergy Gulf States Louisiana



2014	Level 1		Level 2			Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$121.4		$—			$—		$121.4
Decommissioning trust funds (a):
Equity securities	12.1		367.4		(b)	—		379.5
Debt securities	78.6		155.6			—		234.2
Escrow accounts	90.0		—			—		90.0
FTRs	—		—			26.8		26.8
		$302.1		$523.0			$26.8		$851.9

Liabilities:
Gas hedge contracts		$0.5		$—			$—		$0.5



2013	Level 1		Level 2			Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$13.8		$—			$—		$13.8
Decommissioning trust funds (a):
Equity securities	27.6		343.2		(b)	—		370.8
Debt securities	71.7		131.2			—		202.9
Escrow accounts	21.5		—			—		21.5
Gas hedge contracts	2.2		—			—		2.2
FTRs	—		—			6.7		6.7
		$136.8		$474.4			$6.7		$617.9

Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy



	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas
	(In Millions)
Balance as of July 1,		$3.0			$47.2			$23.6			$12.7			$8.5			$47.8
Unrealized gains (losses) included as a regulatory liability/asset	2.4			(9.8		)	4.5			(3.3		)	2.6			(10.5		)
Settlements	(4.9		)	(10.6		)	(13.4		)	(3.3		)	(5.1		)	(9.8		)
Balance as of September 30,		$0.5			$26.8			$14.7			$6.1			$6.0			$27.5



	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas
	(In Millions)
Balance as of January 1,		$—			$6.7			$5.7			$1.0			$2.0			$18.4
Issuances of FTRs	4.2			37.3			21.5			15.2			8.3			33.2
Unrealized gains included as a regulatory liability/asset	13.0			28.5			21.3			5.5			7.1			31.9
Settlements	(16.7		)	(45.7		)	(33.8		)	(15.6		)	(11.4		)	(56.0		)
Balance as of September 30,		$0.5			$26.8			$14.7			$6.1			$6.0			$27.5

Entergy Louisiana [Member]

Fair Values Of Derivative Instruments

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2014 are as follows:



Instrument	Balance Sheet Location	Fair Value (a)	Registrant
		(In Millions)
Assets:
FTRs	Prepayments and other	$0.5	Entergy Arkansas
FTRs	Prepayments and other	$26.8	Entergy Gulf States Louisiana
FTRs	Prepayments and other	$14.7	Entergy Louisiana
FTRs	Prepayments and other	$6.1	Entergy Mississippi
FTRs	Prepayments and other	$6.0	Entergy New Orleans
FTRs	Prepayments and other	$27.5	Entergy Texas

Liabilities:
Natural gas swaps	Other current liabilities	$0.5	Entergy Gulf States Louisiana
Natural gas swaps	Other current liabilities	$0.3	Entergy Louisiana
Natural gas swaps	Other current liabilities	$0.1	Entergy Mississippi
Natural gas swaps	Other current liabilities	$0.1	Entergy New Orleans

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2013 are as follows:



Instrument	Balance Sheet Location	Fair Value (a)		Registrant
		(In Millions)
Assets:
Natural gas swaps	Gas hedge contracts		$2.2	Entergy Gulf States Louisiana
Natural gas swaps	Gas hedge contracts		$2.9	Entergy Louisiana
Natural gas swaps	Prepayments and other		$0.7	Entergy Mississippi
Natural gas swaps	Prepayments and other		$0.1	Entergy New Orleans

FTRs	Prepayments and other		$6.7	Entergy Gulf States Louisiana
FTRs	Prepayments and other		$5.7	Entergy Louisiana
FTRs	Prepayments and other		$1.0	Entergy Mississippi
FTRs	Prepayments and other		$2.0	Entergy New Orleans
FTRs	Prepayments and other		$18.4	Entergy Texas


(a)	No cash collateral was required to be posted as of September 30, 2014 and December 31, 2013, respectively.



Instrument	Income Statement Location	Amount of gain (loss) recorded in the income statement	Registrant
		(In Millions)
2014
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($1.6)	Entergy Mississippi

FTRs	Purchased power expense	$4.9	Entergy Arkansas
FTRs	Purchased power expense	$10.6	Entergy Gulf States Louisiana
FTRs	Purchased power expense	$13.4	Entergy Louisiana
FTRs	Purchased power expense	$3.3	Entergy Mississippi
FTRs	Purchased power expense	$5.1	Entergy New Orleans
FTRs	Purchased power expense	$9.8	Entergy Texas

2013
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.3)	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.1)	Entergy New Orleans

Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income



Instrument	Income Statement Location	Amount of gain (loss) recorded in the income statement	Registrant
		(In Millions)
2014
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$4.8	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$6.5	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$0.6	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$0.7	Entergy New Orleans

FTRs	Purchased power expense	$16.7	Entergy Arkansas
FTRs	Purchased power expense	$45.7	Entergy Gulf States Louisiana
FTRs	Purchased power expense	$33.8	Entergy Louisiana
FTRs	Purchased power expense	$15.6	Entergy Mississippi
FTRs	Purchased power expense	$11.4	Entergy New Orleans
FTRs	Purchased power expense	$56.0	Entergy Texas

2013
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$2.4	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$3.2	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$2.2	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.2)	Entergy New Orleans

Assets and liabilities at fair value on a recurring basis

Entergy Louisiana



2014	Level 1		Level 2			Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$2.6		$—			$—		$2.6
Decommissioning trust funds (a):
Equity securities	7.5		223.4		(b)	—		230.9
Debt securities	64.4		73.0			—		137.4
Escrow accounts	200.0		—			—		200.0
Securitization recovery trust account	10.4		—			—		10.4
FTRs	—		—			14.7		14.7
		$284.9		$296.4			$14.7		$596.0

Liabilities:
Gas hedge contracts		$0.3		$—			$—		$0.3



2013	Level 1		Level 2			Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$123.6		$—			$—		$123.6
Decommissioning trust funds (a):
Equity securities	13.5		210.7		(b)	—		224.2
Debt securities	61.7		61.4			—		123.1
Securitization recovery trust account	4.5		—			—		4.5
Gas hedge contacts	2.9		—			—		2.9
FTRs	—		—			5.7		5.7
		$206.2		$272.1			$5.7		$484.0

Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy



	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas
	(In Millions)
Balance as of July 1,		$3.0			$47.2			$23.6			$12.7			$8.5			$47.8
Unrealized gains (losses) included as a regulatory liability/asset	2.4			(9.8		)	4.5			(3.3		)	2.6			(10.5		)
Settlements	(4.9		)	(10.6		)	(13.4		)	(3.3		)	(5.1		)	(9.8		)
Balance as of September 30,		$0.5			$26.8			$14.7			$6.1			$6.0			$27.5



	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas
	(In Millions)
Balance as of January 1,		$—			$6.7			$5.7			$1.0			$2.0			$18.4
Issuances of FTRs	4.2			37.3			21.5			15.2			8.3			33.2
Unrealized gains included as a regulatory liability/asset	13.0			28.5			21.3			5.5			7.1			31.9
Settlements	(16.7		)	(45.7		)	(33.8		)	(15.6		)	(11.4		)	(56.0		)
Balance as of September 30,		$0.5			$26.8			$14.7			$6.1			$6.0			$27.5

Entergy Mississippi [Member]

Fair Values Of Derivative Instruments

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2014 are as follows:



Instrument	Balance Sheet Location	Fair Value (a)	Registrant
		(In Millions)
Assets:
FTRs	Prepayments and other	$0.5	Entergy Arkansas
FTRs	Prepayments and other	$26.8	Entergy Gulf States Louisiana
FTRs	Prepayments and other	$14.7	Entergy Louisiana
FTRs	Prepayments and other	$6.1	Entergy Mississippi
FTRs	Prepayments and other	$6.0	Entergy New Orleans
FTRs	Prepayments and other	$27.5	Entergy Texas

Liabilities:
Natural gas swaps	Other current liabilities	$0.5	Entergy Gulf States Louisiana
Natural gas swaps	Other current liabilities	$0.3	Entergy Louisiana
Natural gas swaps	Other current liabilities	$0.1	Entergy Mississippi
Natural gas swaps	Other current liabilities	$0.1	Entergy New Orleans

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2013 are as follows:



Instrument	Balance Sheet Location	Fair Value (a)		Registrant
		(In Millions)
Assets:
Natural gas swaps	Gas hedge contracts		$2.2	Entergy Gulf States Louisiana
Natural gas swaps	Gas hedge contracts		$2.9	Entergy Louisiana
Natural gas swaps	Prepayments and other		$0.7	Entergy Mississippi
Natural gas swaps	Prepayments and other		$0.1	Entergy New Orleans

FTRs	Prepayments and other		$6.7	Entergy Gulf States Louisiana
FTRs	Prepayments and other		$5.7	Entergy Louisiana
FTRs	Prepayments and other		$1.0	Entergy Mississippi
FTRs	Prepayments and other		$2.0	Entergy New Orleans
FTRs	Prepayments and other		$18.4	Entergy Texas


(a)	No cash collateral was required to be posted as of September 30, 2014 and December 31, 2013, respectively.



Instrument	Income Statement Location	Amount of gain (loss) recorded in the income statement	Registrant
		(In Millions)
2014
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($1.6)	Entergy Mississippi

FTRs	Purchased power expense	$4.9	Entergy Arkansas
FTRs	Purchased power expense	$10.6	Entergy Gulf States Louisiana
FTRs	Purchased power expense	$13.4	Entergy Louisiana
FTRs	Purchased power expense	$3.3	Entergy Mississippi
FTRs	Purchased power expense	$5.1	Entergy New Orleans
FTRs	Purchased power expense	$9.8	Entergy Texas

2013
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.3)	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.1)	Entergy New Orleans

Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income



Instrument	Income Statement Location	Amount of gain (loss) recorded in the income statement	Registrant
		(In Millions)
2014
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$4.8	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$6.5	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$0.6	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$0.7	Entergy New Orleans

FTRs	Purchased power expense	$16.7	Entergy Arkansas
FTRs	Purchased power expense	$45.7	Entergy Gulf States Louisiana
FTRs	Purchased power expense	$33.8	Entergy Louisiana
FTRs	Purchased power expense	$15.6	Entergy Mississippi
FTRs	Purchased power expense	$11.4	Entergy New Orleans
FTRs	Purchased power expense	$56.0	Entergy Texas

2013
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$2.4	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$3.2	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$2.2	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.2)	Entergy New Orleans

Assets and liabilities at fair value on a recurring basis

Entergy Mississippi



2014	Level 1		Level 2		Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$30.3		$—		$—		$30.3
Escrow accounts	41.8		—		—		41.8
FTRs	—		—		6.1		6.1
		$72.1		$—		$6.1		$78.2

Liabilities:
Gas hedge contracts		$0.1		$—		$—		$0.1



2013	Level 1		Level 2		Level 3		Total
	(In Millions)
Assets:
Escrow accounts		$51.8		$—		$—		$51.8
Gas hedge contracts	0.7		—		—		0.7
FTRs	—		—		1.0		1.0
		$52.5		$—		$1.0		$53.5

Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy



	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas
	(In Millions)
Balance as of July 1,		$3.0			$47.2			$23.6			$12.7			$8.5			$47.8
Unrealized gains (losses) included as a regulatory liability/asset	2.4			(9.8		)	4.5			(3.3		)	2.6			(10.5		)
Settlements	(4.9		)	(10.6		)	(13.4		)	(3.3		)	(5.1		)	(9.8		)
Balance as of September 30,		$0.5			$26.8			$14.7			$6.1			$6.0			$27.5



	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas
	(In Millions)
Balance as of January 1,		$—			$6.7			$5.7			$1.0			$2.0			$18.4
Issuances of FTRs	4.2			37.3			21.5			15.2			8.3			33.2
Unrealized gains included as a regulatory liability/asset	13.0			28.5			21.3			5.5			7.1			31.9
Settlements	(16.7		)	(45.7		)	(33.8		)	(15.6		)	(11.4		)	(56.0		)
Balance as of September 30,		$0.5			$26.8			$14.7			$6.1			$6.0			$27.5

Entergy New Orleans [Member]

Fair Values Of Derivative Instruments

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2014 are as follows:



Instrument	Balance Sheet Location	Fair Value (a)	Registrant
		(In Millions)
Assets:
FTRs	Prepayments and other	$0.5	Entergy Arkansas
FTRs	Prepayments and other	$26.8	Entergy Gulf States Louisiana
FTRs	Prepayments and other	$14.7	Entergy Louisiana
FTRs	Prepayments and other	$6.1	Entergy Mississippi
FTRs	Prepayments and other	$6.0	Entergy New Orleans
FTRs	Prepayments and other	$27.5	Entergy Texas

Liabilities:
Natural gas swaps	Other current liabilities	$0.5	Entergy Gulf States Louisiana
Natural gas swaps	Other current liabilities	$0.3	Entergy Louisiana
Natural gas swaps	Other current liabilities	$0.1	Entergy Mississippi
Natural gas swaps	Other current liabilities	$0.1	Entergy New Orleans

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2013 are as follows:



Instrument	Balance Sheet Location	Fair Value (a)		Registrant
		(In Millions)
Assets:
Natural gas swaps	Gas hedge contracts		$2.2	Entergy Gulf States Louisiana
Natural gas swaps	Gas hedge contracts		$2.9	Entergy Louisiana
Natural gas swaps	Prepayments and other		$0.7	Entergy Mississippi
Natural gas swaps	Prepayments and other		$0.1	Entergy New Orleans

FTRs	Prepayments and other		$6.7	Entergy Gulf States Louisiana
FTRs	Prepayments and other		$5.7	Entergy Louisiana
FTRs	Prepayments and other		$1.0	Entergy Mississippi
FTRs	Prepayments and other		$2.0	Entergy New Orleans
FTRs	Prepayments and other		$18.4	Entergy Texas


(a)	No cash collateral was required to be posted as of September 30, 2014 and December 31, 2013, respectively.



Instrument	Income Statement Location	Amount of gain (loss) recorded in the income statement	Registrant
		(In Millions)
2014
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($1.6)	Entergy Mississippi

FTRs	Purchased power expense	$4.9	Entergy Arkansas
FTRs	Purchased power expense	$10.6	Entergy Gulf States Louisiana
FTRs	Purchased power expense	$13.4	Entergy Louisiana
FTRs	Purchased power expense	$3.3	Entergy Mississippi
FTRs	Purchased power expense	$5.1	Entergy New Orleans
FTRs	Purchased power expense	$9.8	Entergy Texas

2013
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.3)	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.1)	Entergy New Orleans

Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income



Instrument	Income Statement Location	Amount of gain (loss) recorded in the income statement	Registrant
		(In Millions)
2014
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$4.8	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$6.5	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$0.6	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$0.7	Entergy New Orleans

FTRs	Purchased power expense	$16.7	Entergy Arkansas
FTRs	Purchased power expense	$45.7	Entergy Gulf States Louisiana
FTRs	Purchased power expense	$33.8	Entergy Louisiana
FTRs	Purchased power expense	$15.6	Entergy Mississippi
FTRs	Purchased power expense	$11.4	Entergy New Orleans
FTRs	Purchased power expense	$56.0	Entergy Texas

2013
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$2.4	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$3.2	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$2.2	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.2)	Entergy New Orleans

Assets and liabilities at fair value on a recurring basis

Entergy New Orleans



2014	Level 1		Level 2		Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$37.7		$—		$—		$37.7
Escrow accounts	16.2		—		—		16.2
FTRs	—		—		6.0		6.0
		$53.9		$—		$6.0		$59.9

Liabilities:
Gas hedge contracts		$0.1		$—		$—		$0.1



2013	Level 1		Level 2		Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$33.2		$—		$—		$33.2
Escrow accounts	10.5		—		—		10.5
Gas hedge contracts	0.1		—		—		0.1
FTRs	—		—		2.0		2.0
		$43.8		$—		$2.0		$45.8

Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy



	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas
	(In Millions)
Balance as of July 1,		$3.0			$47.2			$23.6			$12.7			$8.5			$47.8
Unrealized gains (losses) included as a regulatory liability/asset	2.4			(9.8		)	4.5			(3.3		)	2.6			(10.5		)
Settlements	(4.9		)	(10.6		)	(13.4		)	(3.3		)	(5.1		)	(9.8		)
Balance as of September 30,		$0.5			$26.8			$14.7			$6.1			$6.0			$27.5



	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas
	(In Millions)
Balance as of January 1,		$—			$6.7			$5.7			$1.0			$2.0			$18.4
Issuances of FTRs	4.2			37.3			21.5			15.2			8.3			33.2
Unrealized gains included as a regulatory liability/asset	13.0			28.5			21.3			5.5			7.1			31.9
Settlements	(16.7		)	(45.7		)	(33.8		)	(15.6		)	(11.4		)	(56.0		)
Balance as of September 30,		$0.5			$26.8			$14.7			$6.1			$6.0			$27.5

Entergy Texas [Member]

Fair Values Of Derivative Instruments

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2014 are as follows:



Instrument	Balance Sheet Location	Fair Value (a)	Registrant
		(In Millions)
Assets:
FTRs	Prepayments and other	$0.5	Entergy Arkansas
FTRs	Prepayments and other	$26.8	Entergy Gulf States Louisiana
FTRs	Prepayments and other	$14.7	Entergy Louisiana
FTRs	Prepayments and other	$6.1	Entergy Mississippi
FTRs	Prepayments and other	$6.0	Entergy New Orleans
FTRs	Prepayments and other	$27.5	Entergy Texas

Liabilities:
Natural gas swaps	Other current liabilities	$0.5	Entergy Gulf States Louisiana
Natural gas swaps	Other current liabilities	$0.3	Entergy Louisiana
Natural gas swaps	Other current liabilities	$0.1	Entergy Mississippi
Natural gas swaps	Other current liabilities	$0.1	Entergy New Orleans

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2013 are as follows:



Instrument	Balance Sheet Location	Fair Value (a)		Registrant
		(In Millions)
Assets:
Natural gas swaps	Gas hedge contracts		$2.2	Entergy Gulf States Louisiana
Natural gas swaps	Gas hedge contracts		$2.9	Entergy Louisiana
Natural gas swaps	Prepayments and other		$0.7	Entergy Mississippi
Natural gas swaps	Prepayments and other		$0.1	Entergy New Orleans

FTRs	Prepayments and other		$6.7	Entergy Gulf States Louisiana
FTRs	Prepayments and other		$5.7	Entergy Louisiana
FTRs	Prepayments and other		$1.0	Entergy Mississippi
FTRs	Prepayments and other		$2.0	Entergy New Orleans
FTRs	Prepayments and other		$18.4	Entergy Texas


(a)	No cash collateral was required to be posted as of September 30, 2014 and December 31, 2013, respectively.



Instrument	Income Statement Location	Amount of gain (loss) recorded in the income statement	Registrant
		(In Millions)
2014
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($1.6)	Entergy Mississippi

FTRs	Purchased power expense	$4.9	Entergy Arkansas
FTRs	Purchased power expense	$10.6	Entergy Gulf States Louisiana
FTRs	Purchased power expense	$13.4	Entergy Louisiana
FTRs	Purchased power expense	$3.3	Entergy Mississippi
FTRs	Purchased power expense	$5.1	Entergy New Orleans
FTRs	Purchased power expense	$9.8	Entergy Texas

2013
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.3)	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.1)	Entergy New Orleans

Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income



Instrument	Income Statement Location	Amount of gain (loss) recorded in the income statement	Registrant
		(In Millions)
2014
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($3.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($1.6)	Entergy Mississippi

FTRs	Purchased power expense	$4.9	Entergy Arkansas
FTRs	Purchased power expense	$10.6	Entergy Gulf States Louisiana
FTRs	Purchased power expense	$13.4	Entergy Louisiana
FTRs	Purchased power expense	$3.3	Entergy Mississippi
FTRs	Purchased power expense	$5.1	Entergy New Orleans
FTRs	Purchased power expense	$9.8	Entergy Texas

2013
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.4)	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.7)	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.3)	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.1)	Entergy New Orleans



Instrument	Income Statement Location	Amount of gain (loss) recorded in the income statement	Registrant
		(In Millions)
2014
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$4.8	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$6.5	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$0.6	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$0.7	Entergy New Orleans

FTRs	Purchased power expense	$16.7	Entergy Arkansas
FTRs	Purchased power expense	$45.7	Entergy Gulf States Louisiana
FTRs	Purchased power expense	$33.8	Entergy Louisiana
FTRs	Purchased power expense	$15.6	Entergy Mississippi
FTRs	Purchased power expense	$11.4	Entergy New Orleans
FTRs	Purchased power expense	$56.0	Entergy Texas

2013
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$2.4	Entergy Gulf States Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$3.2	Entergy Louisiana
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	$2.2	Entergy Mississippi
Natural gas swaps	Fuel, fuel-related expenses, and gas purchased for resale	($0.2)	Entergy New Orleans

Assets and liabilities at fair value on a recurring basis

Entergy Texas



2014	Level 1		Level 2		Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$38.0		$—		$—		$38.0
Securitization recovery trust account	32.1		—		—		32.1
FTRs	—		—		27.5		27.5
		$70.1		$—		$27.5		$97.6



2013	Level 1		Level 2		Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$44.1		$—		$—		$44.1
Securitization recovery trust account	37.5		—		—		37.5
FTRs	—		—		18.4		18.4
		$81.6		$—		$18.4		$100.0

Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy



	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas
	(In Millions)
Balance as of July 1,		$3.0			$47.2			$23.6			$12.7			$8.5			$47.8
Unrealized gains (losses) included as a regulatory liability/asset	2.4			(9.8		)	4.5			(3.3		)	2.6			(10.5		)
Settlements	(4.9		)	(10.6		)	(13.4		)	(3.3		)	(5.1		)	(9.8		)
Balance as of September 30,		$0.5			$26.8			$14.7			$6.1			$6.0			$27.5



	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas
	(In Millions)
Balance as of January 1,		$—			$6.7			$5.7			$1.0			$2.0			$18.4
Issuances of FTRs	4.2			37.3			21.5			15.2			8.3			33.2
Unrealized gains included as a regulatory liability/asset	13.0			28.5			21.3			5.5			7.1			31.9
Settlements	(16.7		)	(45.7		)	(33.8		)	(15.6		)	(11.4		)	(56.0		)
Balance as of September 30,		$0.5			$26.8			$14.7			$6.1			$6.0			$27.5

System Energy [Member]

Assets and liabilities at fair value on a recurring basis

System Energy



2014	Level 1		Level 2			Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$134.3		$—			$—		$134.3
Decommissioning trust funds (a):
Equity securities	2.5		401.9		(b)	—		404.4
Debt securities	188.2		58.1			—		246.3
		$325.0		$460.0			$—		$785.0



2013	Level 1		Level 2			Level 3		Total
	(In Millions)
Assets:
Temporary cash investments		$64.6		$—			$—		$64.6
Decommissioning trust funds (a):
Equity securities	2.2		377.8		(b)	—		380.0
Debt securities	152.9		71.0			—		223.9
		$219.7		$448.8			$—		$668.5