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Equity
3 Months Ended
Mar. 31, 2015
Equity
EQUITY  (Entergy Corporation, Entergy Gulf States Louisiana, and Entergy Louisiana)

Common Stock

Earnings per Share

The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements:
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Three Months Ended March 31,
 
2015
 
2014
 
(In Millions, Except Per Share Data)
Basic earnings per share
Income
 
Shares
 
$/share
 
Income
 
Shares
 
$/share
Net income attributable to Entergy Corporation

$298.1

 
179.7

 

$1.66

 

$401.2

 
178.8

 

$2.24

Average dilutive effect of:
 
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
0.5

 
(0.01
)
 
 
 

 

Other equity plans
 
 
0.3

 

 
 
 
0.3

 

Diluted earnings per share

$298.1

 
180.5

 

$1.65

 

$401.2

 
179.1

 

$2.24



The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 3.5 million for the three months ended March 31, 2015 and approximately 9.0 million for the three months ended March 31, 2014.

Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K.

Treasury Stock

During the three months ended March 31, 2015, Entergy Corporation issued 599,136 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards.  During the three months ended March 31, 2015, Entergy Corporation repurchased 325,400 shares of its common stock for a total purchase price of $25.1 million.

Retained Earnings

On April 1, 2015, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.83 per share, payable on June 1, 2015 to holders of record as of May 14, 2015.

Comprehensive Income

Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2015 by component:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, December 31, 2014

$98,118

 

($569,789
)
 

$426,695

 

$2,669

 

($42,307
)
Other comprehensive income (loss) before reclassifications
(20,896
)
 
13

 
12,658

 
(551
)
 
(8,776
)
Amounts reclassified from accumulated other comprehensive income (loss)
(8,434
)
 
8,435

 
(8,655
)
 

 
(8,654
)
Net other comprehensive income (loss) for the period
(29,330
)
 
8,448

 
4,003

 
(551
)
 
(17,430
)
Ending balance, March 31, 2015

$68,788

 

($561,341
)
 

$430,698

 

$2,118

 

($59,737
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2014 by component:
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, December 31, 2013

($81,777
)
 

($288,223
)
 

$337,256

 

$3,420

 

($29,324
)
Other comprehensive income (loss) before reclassifications
140,052

 

 
24,723

 
75

 
164,850

Amounts reclassified from accumulated other comprehensive income (loss)
(126,298
)
 
(12,696
)
 
(1,734
)
 

 
(140,728
)
Net other comprehensive income (loss) for the period
13,754

 
(12,696
)
 
22,989

 
75

 
24,122

Ending balance, March 31, 2014

($68,023
)
 

($300,919
)
 

$360,245

 

$3,495

 

($5,202
)

 
 
 
 
 
 
 
 
The following table presents changes in accumulated other comprehensive income (loss) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended March 31, 2015:
 
Pension and Other
Postretirement Liabilities
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
(In Thousands)
Beginning balance, December 31, 2014

($53,347
)
 

($25,876
)
Amounts reclassified from accumulated other
comprehensive income (loss)
422

 
(42
)
Net other comprehensive income (loss) for the period
422

 
(42
)
Ending balance, March 31, 2015

($52,925
)
 

($25,918
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended March 31, 2014:
 
Pension and Other
Postretirement Liabilities
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
(In Thousands)
Beginning balance, December 31, 2013

($28,202
)
 

($9,635
)
Amounts reclassified from accumulated other
comprehensive income (loss)
122

 
(302
)
Net other comprehensive income (loss) for the period
122

 
(302
)
Ending balance, March 31, 2014

($28,080
)
 

($9,937
)

 
 
 
 
 
 
 
 
    
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended March 31, 2015 are as follows:

Amounts
reclassified
from
AOCI

Income Statement Location

(In Thousands)


Cash flow hedges net unrealized gain (loss)



   Power contracts

$13,522


Competitive business operating revenues
   Interest rate swaps
(546
)

Miscellaneous - net
Total realized gain (loss) on cash flow hedges
12,976




(4,542
)

Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$8,434








Pension and other postretirement liabilities




   Amortization of prior-service credit

$5,986


(a)
   Amortization of loss
(17,588
)

(a)
Total amortization
(11,602
)



3,167


Income taxes
Total amortization (net of tax)

($8,435
)






Net unrealized investment gain (loss)



Realized gain (loss)

$16,970


Interest and investment income

(8,315
)

Income taxes
Total realized investment gain (loss) (net of tax)

$8,655








Total reclassifications for the period (net of tax)

$8,654




(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended March 31, 2014 are as follows:
 
Amounts
reclassified
from
AOCI
 
Income Statement Location
 
(In Thousands)
 
 
Cash flow hedges net unrealized gain (loss)
 
 
 
   Power contracts

$194,603

 
Competitive business operating revenues
   Interest rate swaps
(298
)
 
Miscellaneous - net
Total realized gain (loss) on cash flow hedges
194,305

 
 
 
(68,007
)
 
Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$126,298

 
 
 
 
 
 
Pension and other postretirement liabilities
 
 
 
   Amortization of prior-service credit

$5,078

 
(a)
   Amortization of loss
(8,981
)
 
(a)
   Settlement loss
(1,162
)
 
(a)
Total amortization
(5,065
)
 
 
 
17,761

 
Income taxes
Total amortization (net of tax)

$12,696

 
 
 
 
 
 
Net unrealized investment gain (loss)
 
 
 
Realized gain (loss)

$3,400

 
Interest and investment income
 
(1,666
)
 
Income taxes
Total realized investment gain (loss) (net of tax)

$1,734

 
 
 
 
 
 
Total reclassifications for the period (net of tax)

$140,728

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.
 
 
 
 
 
 

 
 
 
 
 
 

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended March 31, 2015 are as follows:
 
Amounts reclassified
from AOCI
 
 
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Income Statement Location
 
(In Thousands)
 
 
Pension and other postretirement liabilities
 
 
 
 
 
   Amortization of prior-service credit

$1,022

 

$845

 
(a)
   Amortization of loss
(1,733
)
 
(802
)
 
(a)
Total amortization
(711
)
 
43

 
 
 
289

 
(1
)
 
Income tax expense (benefit)
Total amortization (net of tax)
(422
)
 
42

 
 
 
 
 
 
 
 
Total reclassifications for the period (net of tax)

($422
)
 

$42

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended March 31, 2014 are as follows:
 
Amounts reclassified
from AOCI
 
 
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Income Statement Location
 
(In Thousands)
 
 
Pension and other postretirement liabilities
 
 
 
 
 
   Amortization of prior-service credit

$559

 

$844

 
(a)
   Amortization of loss
(782
)
 
(378
)
 
(a)
Total amortization
(223
)
 
466

 
 
 
101

 
(164
)
 
Income tax expense (benefit)
Total amortization (net of tax)
(122
)
 
302

 
 
 
 
 
 
 
 
Total reclassifications for the period (net of tax)

($122
)
 

$302

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.
Entergy Gulf States Louisiana [Member]  
Equity
EQUITY  (Entergy Corporation, Entergy Gulf States Louisiana, and Entergy Louisiana)

Common Stock

Earnings per Share

The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements:
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Three Months Ended March 31,
 
2015
 
2014
 
(In Millions, Except Per Share Data)
Basic earnings per share
Income
 
Shares
 
$/share
 
Income
 
Shares
 
$/share
Net income attributable to Entergy Corporation

$298.1

 
179.7

 

$1.66

 

$401.2

 
178.8

 

$2.24

Average dilutive effect of:
 
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
0.5

 
(0.01
)
 
 
 

 

Other equity plans
 
 
0.3

 

 
 
 
0.3

 

Diluted earnings per share

$298.1

 
180.5

 

$1.65

 

$401.2

 
179.1

 

$2.24



The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 3.5 million for the three months ended March 31, 2015 and approximately 9.0 million for the three months ended March 31, 2014.

Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K.

Treasury Stock

During the three months ended March 31, 2015, Entergy Corporation issued 599,136 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards.  During the three months ended March 31, 2015, Entergy Corporation repurchased 325,400 shares of its common stock for a total purchase price of $25.1 million.

Retained Earnings

On April 1, 2015, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.83 per share, payable on June 1, 2015 to holders of record as of May 14, 2015.

Comprehensive Income

Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2015 by component:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, December 31, 2014

$98,118

 

($569,789
)
 

$426,695

 

$2,669

 

($42,307
)
Other comprehensive income (loss) before reclassifications
(20,896
)
 
13

 
12,658

 
(551
)
 
(8,776
)
Amounts reclassified from accumulated other comprehensive income (loss)
(8,434
)
 
8,435

 
(8,655
)
 

 
(8,654
)
Net other comprehensive income (loss) for the period
(29,330
)
 
8,448

 
4,003

 
(551
)
 
(17,430
)
Ending balance, March 31, 2015

$68,788

 

($561,341
)
 

$430,698

 

$2,118

 

($59,737
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2014 by component:
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, December 31, 2013

($81,777
)
 

($288,223
)
 

$337,256

 

$3,420

 

($29,324
)
Other comprehensive income (loss) before reclassifications
140,052

 

 
24,723

 
75

 
164,850

Amounts reclassified from accumulated other comprehensive income (loss)
(126,298
)
 
(12,696
)
 
(1,734
)
 

 
(140,728
)
Net other comprehensive income (loss) for the period
13,754

 
(12,696
)
 
22,989

 
75

 
24,122

Ending balance, March 31, 2014

($68,023
)
 

($300,919
)
 

$360,245

 

$3,495

 

($5,202
)

 
 
 
 
 
 
 
 
The following table presents changes in accumulated other comprehensive income (loss) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended March 31, 2015:
 
Pension and Other
Postretirement Liabilities
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
(In Thousands)
Beginning balance, December 31, 2014

($53,347
)
 

($25,876
)
Amounts reclassified from accumulated other
comprehensive income (loss)
422

 
(42
)
Net other comprehensive income (loss) for the period
422

 
(42
)
Ending balance, March 31, 2015

($52,925
)
 

($25,918
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended March 31, 2014:
 
Pension and Other
Postretirement Liabilities
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
(In Thousands)
Beginning balance, December 31, 2013

($28,202
)
 

($9,635
)
Amounts reclassified from accumulated other
comprehensive income (loss)
122

 
(302
)
Net other comprehensive income (loss) for the period
122

 
(302
)
Ending balance, March 31, 2014

($28,080
)
 

($9,937
)

 
 
 
 
 
 
 
 
    
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended March 31, 2015 are as follows:

Amounts
reclassified
from
AOCI

Income Statement Location

(In Thousands)


Cash flow hedges net unrealized gain (loss)



   Power contracts

$13,522


Competitive business operating revenues
   Interest rate swaps
(546
)

Miscellaneous - net
Total realized gain (loss) on cash flow hedges
12,976




(4,542
)

Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$8,434








Pension and other postretirement liabilities




   Amortization of prior-service credit

$5,986


(a)
   Amortization of loss
(17,588
)

(a)
Total amortization
(11,602
)



3,167


Income taxes
Total amortization (net of tax)

($8,435
)






Net unrealized investment gain (loss)



Realized gain (loss)

$16,970


Interest and investment income

(8,315
)

Income taxes
Total realized investment gain (loss) (net of tax)

$8,655








Total reclassifications for the period (net of tax)

$8,654




(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended March 31, 2014 are as follows:
 
Amounts
reclassified
from
AOCI
 
Income Statement Location
 
(In Thousands)
 
 
Cash flow hedges net unrealized gain (loss)
 
 
 
   Power contracts

$194,603

 
Competitive business operating revenues
   Interest rate swaps
(298
)
 
Miscellaneous - net
Total realized gain (loss) on cash flow hedges
194,305

 
 
 
(68,007
)
 
Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$126,298

 
 
 
 
 
 
Pension and other postretirement liabilities
 
 
 
   Amortization of prior-service credit

$5,078

 
(a)
   Amortization of loss
(8,981
)
 
(a)
   Settlement loss
(1,162
)
 
(a)
Total amortization
(5,065
)
 
 
 
17,761

 
Income taxes
Total amortization (net of tax)

$12,696

 
 
 
 
 
 
Net unrealized investment gain (loss)
 
 
 
Realized gain (loss)

$3,400

 
Interest and investment income
 
(1,666
)
 
Income taxes
Total realized investment gain (loss) (net of tax)

$1,734

 
 
 
 
 
 
Total reclassifications for the period (net of tax)

$140,728

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.
 
 
 
 
 
 

 
 
 
 
 
 

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended March 31, 2015 are as follows:
 
Amounts reclassified
from AOCI
 
 
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Income Statement Location
 
(In Thousands)
 
 
Pension and other postretirement liabilities
 
 
 
 
 
   Amortization of prior-service credit

$1,022

 

$845

 
(a)
   Amortization of loss
(1,733
)
 
(802
)
 
(a)
Total amortization
(711
)
 
43

 
 
 
289

 
(1
)
 
Income tax expense (benefit)
Total amortization (net of tax)
(422
)
 
42

 
 
 
 
 
 
 
 
Total reclassifications for the period (net of tax)

($422
)
 

$42

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended March 31, 2014 are as follows:
 
Amounts reclassified
from AOCI
 
 
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Income Statement Location
 
(In Thousands)
 
 
Pension and other postretirement liabilities
 
 
 
 
 
   Amortization of prior-service credit

$559

 

$844

 
(a)
   Amortization of loss
(782
)
 
(378
)
 
(a)
Total amortization
(223
)
 
466

 
 
 
101

 
(164
)
 
Income tax expense (benefit)
Total amortization (net of tax)
(122
)
 
302

 
 
 
 
 
 
 
 
Total reclassifications for the period (net of tax)

($122
)
 

$302

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.
Entergy Louisiana [Member]  
Equity
EQUITY  (Entergy Corporation, Entergy Gulf States Louisiana, and Entergy Louisiana)

Common Stock

Earnings per Share

The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements:
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Three Months Ended March 31,
 
2015
 
2014
 
(In Millions, Except Per Share Data)
Basic earnings per share
Income
 
Shares
 
$/share
 
Income
 
Shares
 
$/share
Net income attributable to Entergy Corporation

$298.1

 
179.7

 

$1.66

 

$401.2

 
178.8

 

$2.24

Average dilutive effect of:
 
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
0.5

 
(0.01
)
 
 
 

 

Other equity plans
 
 
0.3

 

 
 
 
0.3

 

Diluted earnings per share

$298.1

 
180.5

 

$1.65

 

$401.2

 
179.1

 

$2.24



The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 3.5 million for the three months ended March 31, 2015 and approximately 9.0 million for the three months ended March 31, 2014.

Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K.

Treasury Stock

During the three months ended March 31, 2015, Entergy Corporation issued 599,136 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards.  During the three months ended March 31, 2015, Entergy Corporation repurchased 325,400 shares of its common stock for a total purchase price of $25.1 million.

Retained Earnings

On April 1, 2015, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.83 per share, payable on June 1, 2015 to holders of record as of May 14, 2015.

Comprehensive Income

Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2015 by component:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, December 31, 2014

$98,118

 

($569,789
)
 

$426,695

 

$2,669

 

($42,307
)
Other comprehensive income (loss) before reclassifications
(20,896
)
 
13

 
12,658

 
(551
)
 
(8,776
)
Amounts reclassified from accumulated other comprehensive income (loss)
(8,434
)
 
8,435

 
(8,655
)
 

 
(8,654
)
Net other comprehensive income (loss) for the period
(29,330
)
 
8,448

 
4,003

 
(551
)
 
(17,430
)
Ending balance, March 31, 2015

$68,788

 

($561,341
)
 

$430,698

 

$2,118

 

($59,737
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2014 by component:
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, December 31, 2013

($81,777
)
 

($288,223
)
 

$337,256

 

$3,420

 

($29,324
)
Other comprehensive income (loss) before reclassifications
140,052

 

 
24,723

 
75

 
164,850

Amounts reclassified from accumulated other comprehensive income (loss)
(126,298
)
 
(12,696
)
 
(1,734
)
 

 
(140,728
)
Net other comprehensive income (loss) for the period
13,754

 
(12,696
)
 
22,989

 
75

 
24,122

Ending balance, March 31, 2014

($68,023
)
 

($300,919
)
 

$360,245

 

$3,495

 

($5,202
)

 
 
 
 
 
 
 
 
The following table presents changes in accumulated other comprehensive income (loss) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended March 31, 2015:
 
Pension and Other
Postretirement Liabilities
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
(In Thousands)
Beginning balance, December 31, 2014

($53,347
)
 

($25,876
)
Amounts reclassified from accumulated other
comprehensive income (loss)
422

 
(42
)
Net other comprehensive income (loss) for the period
422

 
(42
)
Ending balance, March 31, 2015

($52,925
)
 

($25,918
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended March 31, 2014:
 
Pension and Other
Postretirement Liabilities
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
(In Thousands)
Beginning balance, December 31, 2013

($28,202
)
 

($9,635
)
Amounts reclassified from accumulated other
comprehensive income (loss)
122

 
(302
)
Net other comprehensive income (loss) for the period
122

 
(302
)
Ending balance, March 31, 2014

($28,080
)
 

($9,937
)

 
 
 
 
 
 
 
 
    
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended March 31, 2015 are as follows:

Amounts
reclassified
from
AOCI

Income Statement Location

(In Thousands)


Cash flow hedges net unrealized gain (loss)



   Power contracts

$13,522


Competitive business operating revenues
   Interest rate swaps
(546
)

Miscellaneous - net
Total realized gain (loss) on cash flow hedges
12,976




(4,542
)

Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$8,434








Pension and other postretirement liabilities




   Amortization of prior-service credit

$5,986


(a)
   Amortization of loss
(17,588
)

(a)
Total amortization
(11,602
)



3,167


Income taxes
Total amortization (net of tax)

($8,435
)






Net unrealized investment gain (loss)



Realized gain (loss)

$16,970


Interest and investment income

(8,315
)

Income taxes
Total realized investment gain (loss) (net of tax)

$8,655








Total reclassifications for the period (net of tax)

$8,654




(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended March 31, 2014 are as follows:
 
Amounts
reclassified
from
AOCI
 
Income Statement Location
 
(In Thousands)
 
 
Cash flow hedges net unrealized gain (loss)
 
 
 
   Power contracts

$194,603

 
Competitive business operating revenues
   Interest rate swaps
(298
)
 
Miscellaneous - net
Total realized gain (loss) on cash flow hedges
194,305

 
 
 
(68,007
)
 
Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$126,298

 
 
 
 
 
 
Pension and other postretirement liabilities
 
 
 
   Amortization of prior-service credit

$5,078

 
(a)
   Amortization of loss
(8,981
)
 
(a)
   Settlement loss
(1,162
)
 
(a)
Total amortization
(5,065
)
 
 
 
17,761

 
Income taxes
Total amortization (net of tax)

$12,696

 
 
 
 
 
 
Net unrealized investment gain (loss)
 
 
 
Realized gain (loss)

$3,400

 
Interest and investment income
 
(1,666
)
 
Income taxes
Total realized investment gain (loss) (net of tax)

$1,734

 
 
 
 
 
 
Total reclassifications for the period (net of tax)

$140,728

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.
 
 
 
 
 
 

 
 
 
 
 
 

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended March 31, 2015 are as follows:
 
Amounts reclassified
from AOCI
 
 
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Income Statement Location
 
(In Thousands)
 
 
Pension and other postretirement liabilities
 
 
 
 
 
   Amortization of prior-service credit

$1,022

 

$845

 
(a)
   Amortization of loss
(1,733
)
 
(802
)
 
(a)
Total amortization
(711
)
 
43

 
 
 
289

 
(1
)
 
Income tax expense (benefit)
Total amortization (net of tax)
(422
)
 
42

 
 
 
 
 
 
 
 
Total reclassifications for the period (net of tax)

($422
)
 

$42

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended March 31, 2014 are as follows:
 
Amounts reclassified
from AOCI
 
 
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Income Statement Location
 
(In Thousands)
 
 
Pension and other postretirement liabilities
 
 
 
 
 
   Amortization of prior-service credit

$559

 

$844

 
(a)
   Amortization of loss
(782
)
 
(378
)
 
(a)
Total amortization
(223
)
 
466

 
 
 
101

 
(164
)
 
Income tax expense (benefit)
Total amortization (net of tax)
(122
)
 
302

 
 
 
 
 
 
 
 
Total reclassifications for the period (net of tax)

($122
)
 

$302

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.