XML 97 R15.htm IDEA: XBRL DOCUMENT v2.4.1.9
Retirement And Other Postretirement Benefits
3 Months Ended
Mar. 31, 2015
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$43,762

 

$35,109

Interest cost on projected benefit obligation
75,694

 
72,519

Expected return on assets
(98,655
)
 
(90,366
)
Amortization of prior service cost
390

 
400

Amortization of loss
58,981

 
36,274

Special termination benefit
76

 

Net pension costs

$80,248

 

$53,936

    
 
 
 
 


The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$6,661

 

$3,821

 

$4,778

 

$1,982

 

$849

 

$1,645

 

$1,957

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
15,471

 
7,428

 
9,939

 
4,502

 
2,108

 
4,354

 
3,493

Expected return on assets
 
(20,026
)
 
(10,160
)
 
(12,541
)
 
(6,105
)
 
(2,725
)
 
(6,222
)
 
(4,568
)
Amortization of loss
 
13,564

 
5,775

 
9,176

 
3,724

 
2,013

 
3,238

 
3,264

Net pension cost
 

$15,670

 

$6,864

 

$11,352

 

$4,103

 

$2,245

 

$3,015

 

$4,146

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$5,023

 

$2,881

 

$3,546

 

$1,523

 

$666

 

$1,285

 

$1,446

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
14,884

 
7,278

 
9,467

 
4,318

 
2,041

 
4,437

 
3,390

Expected return on assets
 
(18,305
)
 
(9,488
)
 
(11,449
)
 
(5,698
)
 
(2,505
)
 
(5,931
)
 
(4,155
)
Amortization of loss
 
8,989

 
3,981

 
6,131

 
2,354

 
1,449

 
2,339

 
2,375

Net pension cost
 

$10,591

 

$4,652

 

$7,695

 

$2,497

 

$1,651

 

$2,130

 

$3,056

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $10 million in pension cost for its non-qualified pension plans in the first quarters of 2015 and 2014, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2014 is a $5.5 million settlement charge related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans in the first quarters of 2015 and 2014:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
Non-qualified pension cost
 first quarter 2015

$113

 

$65

 

$3

 

$59

 

$16

 

$149

Non-qualified pension cost
 first quarter 2014

$161

 

$33

 

$1

 

$48

 

$23

 

$125

 
 
 
 
 
 
 
 
 
 
 
 

Reflected in Entergy Arkansas’s and Entergy Texas’s non-qualified pension costs in the first quarter of 2014 are $51 thousand and $6 thousand, respectively, in settlement charges related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost

Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$11,326

 

$10,873

Interest cost on accumulated postretirement benefit obligation (APBO)
17,984

 
17,960

Expected return on assets
(11,344
)
 
(11,197
)
Amortization of prior service credit
(9,320
)
 
(7,898
)
Amortization of loss
7,893

 
2,786

Net other postretirement benefit cost

$16,539

 

$12,524

 
 
 
 

The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,739

 

$1,247

 

$1,227

 

$507

 

$205

 

$500

 

$470

Interest cost on APBO
 
3,130

 
2,062

 
2,016

 
859

 
652

 
1,342

 
628

Expected return on assets
 
(4,798
)
 

 

 
(1,542
)
 
(1,201
)
 
(2,588
)
 
(911
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(1,022
)
 
(845
)
 
(229
)
 
(177
)
 
(681
)
 
(366
)
Amortization of loss
 
1,339

 
977

 
803

 
215

 
118

 
685

 
300

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

$800

 

$3,264

 

$3,201

 

($190
)
 

($403
)
 

($742
)
 

$121

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,489

 

$1,224

 

$1,130

 

$475

 

$217

 

$595

 

$515

Interest cost on APBO
 
3,065

 
2,095

 
2,066

 
914

 
701

 
1,413

 
653

Expected return on assets
 
(4,784
)
 

 

 
(1,443
)
 
(1,119
)
 
(2,590
)
 
(932
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(559
)
 
(844
)
 
(229
)
 
(177
)
 
(325
)
 
(206
)
Amortization of loss
 
317

 
303

 
378

 
37

 
14

 
200

 
111

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

($523
)
 

$3,063

 

$2,730

 

($246
)
 

($364
)
 

($707
)
 

$141

    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Reclassification out of Accumulated Other Comprehensive Income

Entergy and the Registrant Subsidiaries reclassified the following costs out of accumulated other comprehensive income (before taxes and including amounts capitalized) for the first quarters of 2015 and 2014:
2015
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost)/credit
 

($389
)
 

$6,482

 

($107
)
 

$5,986

Amortization of loss
 
(12,627
)
 
(4,409
)
 
(552
)
 
(17,588
)
 
 

($13,016
)
 

$2,073

 

($659
)
 

($11,602
)
Entergy Gulf States Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,022

 

$—

 

$1,022

Amortization of loss
 
(751
)
 
(977
)
 
(5
)
 
(1,733
)
 
 

($751
)
 

$45

 

($5
)
 

($711
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$845

 

$—

 

$845

Amortization of loss
 

 
(802
)
 

 
(802
)
 
 

$—

 

$43

 

$—

 

$43


2014

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost)/credit


($389
)


$5,571



($104
)


$5,078

Amortization of loss

(6,734
)

(1,673
)

(574
)

(8,981
)
Settlement loss





(1,162
)

(1,162
)



($7,123
)


$3,898



($1,840
)


($5,065
)
Entergy Gulf States Louisiana








Amortization of prior service credit


$—



$559



$—



$559

Amortization of loss

(478
)

(303
)

(1
)

(782
)



($478
)


$256



($1
)


($223
)
Entergy Louisiana








Amortization of prior service credit


$—



$844



$—



$844

Amortization of loss



(378
)



(378
)



$—



$466



$—



$466

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Employer Contributions

Based on current assumptions, Entergy expects to contribute $396 million to its qualified pension plans in 2015.  As of March 31, 2015, Entergy had contributed $78.5 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2015:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2015 pension contributions

$92,458

 

$32,471

 

$56,986

 

$22,473

 

$10,918

 

$17,167

 

$20,796

Pension contributions made through March 2015

$19,093

 

$5,959

 

$11,073

 

$4,385

 

$2,101

 

$3,279

 

$4,272

Remaining estimated pension contributions to be made in 2015

$73,365

 

$26,512

 

$45,913

 

$18,088

 

$8,817

 

$13,888

 

$16,524

Entergy Arkansas [Member]  
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$43,762

 

$35,109

Interest cost on projected benefit obligation
75,694

 
72,519

Expected return on assets
(98,655
)
 
(90,366
)
Amortization of prior service cost
390

 
400

Amortization of loss
58,981

 
36,274

Special termination benefit
76

 

Net pension costs

$80,248

 

$53,936

    
 
 
 
 


The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$6,661

 

$3,821

 

$4,778

 

$1,982

 

$849

 

$1,645

 

$1,957

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
15,471

 
7,428

 
9,939

 
4,502

 
2,108

 
4,354

 
3,493

Expected return on assets
 
(20,026
)
 
(10,160
)
 
(12,541
)
 
(6,105
)
 
(2,725
)
 
(6,222
)
 
(4,568
)
Amortization of loss
 
13,564

 
5,775

 
9,176

 
3,724

 
2,013

 
3,238

 
3,264

Net pension cost
 

$15,670

 

$6,864

 

$11,352

 

$4,103

 

$2,245

 

$3,015

 

$4,146

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$5,023

 

$2,881

 

$3,546

 

$1,523

 

$666

 

$1,285

 

$1,446

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
14,884

 
7,278

 
9,467

 
4,318

 
2,041

 
4,437

 
3,390

Expected return on assets
 
(18,305
)
 
(9,488
)
 
(11,449
)
 
(5,698
)
 
(2,505
)
 
(5,931
)
 
(4,155
)
Amortization of loss
 
8,989

 
3,981

 
6,131

 
2,354

 
1,449

 
2,339

 
2,375

Net pension cost
 

$10,591

 

$4,652

 

$7,695

 

$2,497

 

$1,651

 

$2,130

 

$3,056

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $10 million in pension cost for its non-qualified pension plans in the first quarters of 2015 and 2014, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2014 is a $5.5 million settlement charge related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans in the first quarters of 2015 and 2014:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
Non-qualified pension cost
 first quarter 2015

$113

 

$65

 

$3

 

$59

 

$16

 

$149

Non-qualified pension cost
 first quarter 2014

$161

 

$33

 

$1

 

$48

 

$23

 

$125

 
 
 
 
 
 
 
 
 
 
 
 

Reflected in Entergy Arkansas’s and Entergy Texas’s non-qualified pension costs in the first quarter of 2014 are $51 thousand and $6 thousand, respectively, in settlement charges related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost

Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$11,326

 

$10,873

Interest cost on accumulated postretirement benefit obligation (APBO)
17,984

 
17,960

Expected return on assets
(11,344
)
 
(11,197
)
Amortization of prior service credit
(9,320
)
 
(7,898
)
Amortization of loss
7,893

 
2,786

Net other postretirement benefit cost

$16,539

 

$12,524

 
 
 
 

The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,739

 

$1,247

 

$1,227

 

$507

 

$205

 

$500

 

$470

Interest cost on APBO
 
3,130

 
2,062

 
2,016

 
859

 
652

 
1,342

 
628

Expected return on assets
 
(4,798
)
 

 

 
(1,542
)
 
(1,201
)
 
(2,588
)
 
(911
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(1,022
)
 
(845
)
 
(229
)
 
(177
)
 
(681
)
 
(366
)
Amortization of loss
 
1,339

 
977

 
803

 
215

 
118

 
685

 
300

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

$800

 

$3,264

 

$3,201

 

($190
)
 

($403
)
 

($742
)
 

$121

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,489

 

$1,224

 

$1,130

 

$475

 

$217

 

$595

 

$515

Interest cost on APBO
 
3,065

 
2,095

 
2,066

 
914

 
701

 
1,413

 
653

Expected return on assets
 
(4,784
)
 

 

 
(1,443
)
 
(1,119
)
 
(2,590
)
 
(932
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(559
)
 
(844
)
 
(229
)
 
(177
)
 
(325
)
 
(206
)
Amortization of loss
 
317

 
303

 
378

 
37

 
14

 
200

 
111

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

($523
)
 

$3,063

 

$2,730

 

($246
)
 

($364
)
 

($707
)
 

$141

    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Reclassification out of Accumulated Other Comprehensive Income

Entergy and the Registrant Subsidiaries reclassified the following costs out of accumulated other comprehensive income (before taxes and including amounts capitalized) for the first quarters of 2015 and 2014:
2015
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost)/credit
 

($389
)
 

$6,482

 

($107
)
 

$5,986

Amortization of loss
 
(12,627
)
 
(4,409
)
 
(552
)
 
(17,588
)
 
 

($13,016
)
 

$2,073

 

($659
)
 

($11,602
)
Entergy Gulf States Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,022

 

$—

 

$1,022

Amortization of loss
 
(751
)
 
(977
)
 
(5
)
 
(1,733
)
 
 

($751
)
 

$45

 

($5
)
 

($711
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$845

 

$—

 

$845

Amortization of loss
 

 
(802
)
 

 
(802
)
 
 

$—

 

$43

 

$—

 

$43


2014

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost)/credit


($389
)


$5,571



($104
)


$5,078

Amortization of loss

(6,734
)

(1,673
)

(574
)

(8,981
)
Settlement loss





(1,162
)

(1,162
)



($7,123
)


$3,898



($1,840
)


($5,065
)
Entergy Gulf States Louisiana








Amortization of prior service credit


$—



$559



$—



$559

Amortization of loss

(478
)

(303
)

(1
)

(782
)



($478
)


$256



($1
)


($223
)
Entergy Louisiana








Amortization of prior service credit


$—



$844



$—



$844

Amortization of loss



(378
)



(378
)



$—



$466



$—



$466

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Employer Contributions

Based on current assumptions, Entergy expects to contribute $396 million to its qualified pension plans in 2015.  As of March 31, 2015, Entergy had contributed $78.5 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2015:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2015 pension contributions

$92,458

 

$32,471

 

$56,986

 

$22,473

 

$10,918

 

$17,167

 

$20,796

Pension contributions made through March 2015

$19,093

 

$5,959

 

$11,073

 

$4,385

 

$2,101

 

$3,279

 

$4,272

Remaining estimated pension contributions to be made in 2015

$73,365

 

$26,512

 

$45,913

 

$18,088

 

$8,817

 

$13,888

 

$16,524

Entergy Gulf States Louisiana [Member]  
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$43,762

 

$35,109

Interest cost on projected benefit obligation
75,694

 
72,519

Expected return on assets
(98,655
)
 
(90,366
)
Amortization of prior service cost
390

 
400

Amortization of loss
58,981

 
36,274

Special termination benefit
76

 

Net pension costs

$80,248

 

$53,936

    
 
 
 
 


The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$6,661

 

$3,821

 

$4,778

 

$1,982

 

$849

 

$1,645

 

$1,957

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
15,471

 
7,428

 
9,939

 
4,502

 
2,108

 
4,354

 
3,493

Expected return on assets
 
(20,026
)
 
(10,160
)
 
(12,541
)
 
(6,105
)
 
(2,725
)
 
(6,222
)
 
(4,568
)
Amortization of loss
 
13,564

 
5,775

 
9,176

 
3,724

 
2,013

 
3,238

 
3,264

Net pension cost
 

$15,670

 

$6,864

 

$11,352

 

$4,103

 

$2,245

 

$3,015

 

$4,146

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$5,023

 

$2,881

 

$3,546

 

$1,523

 

$666

 

$1,285

 

$1,446

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
14,884

 
7,278

 
9,467

 
4,318

 
2,041

 
4,437

 
3,390

Expected return on assets
 
(18,305
)
 
(9,488
)
 
(11,449
)
 
(5,698
)
 
(2,505
)
 
(5,931
)
 
(4,155
)
Amortization of loss
 
8,989

 
3,981

 
6,131

 
2,354

 
1,449

 
2,339

 
2,375

Net pension cost
 

$10,591

 

$4,652

 

$7,695

 

$2,497

 

$1,651

 

$2,130

 

$3,056

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $10 million in pension cost for its non-qualified pension plans in the first quarters of 2015 and 2014, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2014 is a $5.5 million settlement charge related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans in the first quarters of 2015 and 2014:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
Non-qualified pension cost
 first quarter 2015

$113

 

$65

 

$3

 

$59

 

$16

 

$149

Non-qualified pension cost
 first quarter 2014

$161

 

$33

 

$1

 

$48

 

$23

 

$125

 
 
 
 
 
 
 
 
 
 
 
 

Reflected in Entergy Arkansas’s and Entergy Texas’s non-qualified pension costs in the first quarter of 2014 are $51 thousand and $6 thousand, respectively, in settlement charges related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost

Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$11,326

 

$10,873

Interest cost on accumulated postretirement benefit obligation (APBO)
17,984

 
17,960

Expected return on assets
(11,344
)
 
(11,197
)
Amortization of prior service credit
(9,320
)
 
(7,898
)
Amortization of loss
7,893

 
2,786

Net other postretirement benefit cost

$16,539

 

$12,524

 
 
 
 

The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,739

 

$1,247

 

$1,227

 

$507

 

$205

 

$500

 

$470

Interest cost on APBO
 
3,130

 
2,062

 
2,016

 
859

 
652

 
1,342

 
628

Expected return on assets
 
(4,798
)
 

 

 
(1,542
)
 
(1,201
)
 
(2,588
)
 
(911
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(1,022
)
 
(845
)
 
(229
)
 
(177
)
 
(681
)
 
(366
)
Amortization of loss
 
1,339

 
977

 
803

 
215

 
118

 
685

 
300

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

$800

 

$3,264

 

$3,201

 

($190
)
 

($403
)
 

($742
)
 

$121

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,489

 

$1,224

 

$1,130

 

$475

 

$217

 

$595

 

$515

Interest cost on APBO
 
3,065

 
2,095

 
2,066

 
914

 
701

 
1,413

 
653

Expected return on assets
 
(4,784
)
 

 

 
(1,443
)
 
(1,119
)
 
(2,590
)
 
(932
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(559
)
 
(844
)
 
(229
)
 
(177
)
 
(325
)
 
(206
)
Amortization of loss
 
317

 
303

 
378

 
37

 
14

 
200

 
111

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

($523
)
 

$3,063

 

$2,730

 

($246
)
 

($364
)
 

($707
)
 

$141

    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Reclassification out of Accumulated Other Comprehensive Income

Entergy and the Registrant Subsidiaries reclassified the following costs out of accumulated other comprehensive income (before taxes and including amounts capitalized) for the first quarters of 2015 and 2014:
2015
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost)/credit
 

($389
)
 

$6,482

 

($107
)
 

$5,986

Amortization of loss
 
(12,627
)
 
(4,409
)
 
(552
)
 
(17,588
)
 
 

($13,016
)
 

$2,073

 

($659
)
 

($11,602
)
Entergy Gulf States Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,022

 

$—

 

$1,022

Amortization of loss
 
(751
)
 
(977
)
 
(5
)
 
(1,733
)
 
 

($751
)
 

$45

 

($5
)
 

($711
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$845

 

$—

 

$845

Amortization of loss
 

 
(802
)
 

 
(802
)
 
 

$—

 

$43

 

$—

 

$43


2014

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost)/credit


($389
)


$5,571



($104
)


$5,078

Amortization of loss

(6,734
)

(1,673
)

(574
)

(8,981
)
Settlement loss





(1,162
)

(1,162
)



($7,123
)


$3,898



($1,840
)


($5,065
)
Entergy Gulf States Louisiana








Amortization of prior service credit


$—



$559



$—



$559

Amortization of loss

(478
)

(303
)

(1
)

(782
)



($478
)


$256



($1
)


($223
)
Entergy Louisiana








Amortization of prior service credit


$—



$844



$—



$844

Amortization of loss



(378
)



(378
)



$—



$466



$—



$466

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Employer Contributions

Based on current assumptions, Entergy expects to contribute $396 million to its qualified pension plans in 2015.  As of March 31, 2015, Entergy had contributed $78.5 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2015:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2015 pension contributions

$92,458

 

$32,471

 

$56,986

 

$22,473

 

$10,918

 

$17,167

 

$20,796

Pension contributions made through March 2015

$19,093

 

$5,959

 

$11,073

 

$4,385

 

$2,101

 

$3,279

 

$4,272

Remaining estimated pension contributions to be made in 2015

$73,365

 

$26,512

 

$45,913

 

$18,088

 

$8,817

 

$13,888

 

$16,524

Entergy Louisiana [Member]  
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$43,762

 

$35,109

Interest cost on projected benefit obligation
75,694

 
72,519

Expected return on assets
(98,655
)
 
(90,366
)
Amortization of prior service cost
390

 
400

Amortization of loss
58,981

 
36,274

Special termination benefit
76

 

Net pension costs

$80,248

 

$53,936

    
 
 
 
 


The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$6,661

 

$3,821

 

$4,778

 

$1,982

 

$849

 

$1,645

 

$1,957

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
15,471

 
7,428

 
9,939

 
4,502

 
2,108

 
4,354

 
3,493

Expected return on assets
 
(20,026
)
 
(10,160
)
 
(12,541
)
 
(6,105
)
 
(2,725
)
 
(6,222
)
 
(4,568
)
Amortization of loss
 
13,564

 
5,775

 
9,176

 
3,724

 
2,013

 
3,238

 
3,264

Net pension cost
 

$15,670

 

$6,864

 

$11,352

 

$4,103

 

$2,245

 

$3,015

 

$4,146

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$5,023

 

$2,881

 

$3,546

 

$1,523

 

$666

 

$1,285

 

$1,446

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
14,884

 
7,278

 
9,467

 
4,318

 
2,041

 
4,437

 
3,390

Expected return on assets
 
(18,305
)
 
(9,488
)
 
(11,449
)
 
(5,698
)
 
(2,505
)
 
(5,931
)
 
(4,155
)
Amortization of loss
 
8,989

 
3,981

 
6,131

 
2,354

 
1,449

 
2,339

 
2,375

Net pension cost
 

$10,591

 

$4,652

 

$7,695

 

$2,497

 

$1,651

 

$2,130

 

$3,056

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $10 million in pension cost for its non-qualified pension plans in the first quarters of 2015 and 2014, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2014 is a $5.5 million settlement charge related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans in the first quarters of 2015 and 2014:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
Non-qualified pension cost
 first quarter 2015

$113

 

$65

 

$3

 

$59

 

$16

 

$149

Non-qualified pension cost
 first quarter 2014

$161

 

$33

 

$1

 

$48

 

$23

 

$125

 
 
 
 
 
 
 
 
 
 
 
 

Reflected in Entergy Arkansas’s and Entergy Texas’s non-qualified pension costs in the first quarter of 2014 are $51 thousand and $6 thousand, respectively, in settlement charges related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost

Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$11,326

 

$10,873

Interest cost on accumulated postretirement benefit obligation (APBO)
17,984

 
17,960

Expected return on assets
(11,344
)
 
(11,197
)
Amortization of prior service credit
(9,320
)
 
(7,898
)
Amortization of loss
7,893

 
2,786

Net other postretirement benefit cost

$16,539

 

$12,524

 
 
 
 

The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,739

 

$1,247

 

$1,227

 

$507

 

$205

 

$500

 

$470

Interest cost on APBO
 
3,130

 
2,062

 
2,016

 
859

 
652

 
1,342

 
628

Expected return on assets
 
(4,798
)
 

 

 
(1,542
)
 
(1,201
)
 
(2,588
)
 
(911
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(1,022
)
 
(845
)
 
(229
)
 
(177
)
 
(681
)
 
(366
)
Amortization of loss
 
1,339

 
977

 
803

 
215

 
118

 
685

 
300

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

$800

 

$3,264

 

$3,201

 

($190
)
 

($403
)
 

($742
)
 

$121

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,489

 

$1,224

 

$1,130

 

$475

 

$217

 

$595

 

$515

Interest cost on APBO
 
3,065

 
2,095

 
2,066

 
914

 
701

 
1,413

 
653

Expected return on assets
 
(4,784
)
 

 

 
(1,443
)
 
(1,119
)
 
(2,590
)
 
(932
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(559
)
 
(844
)
 
(229
)
 
(177
)
 
(325
)
 
(206
)
Amortization of loss
 
317

 
303

 
378

 
37

 
14

 
200

 
111

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

($523
)
 

$3,063

 

$2,730

 

($246
)
 

($364
)
 

($707
)
 

$141

    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Reclassification out of Accumulated Other Comprehensive Income

Entergy and the Registrant Subsidiaries reclassified the following costs out of accumulated other comprehensive income (before taxes and including amounts capitalized) for the first quarters of 2015 and 2014:
2015
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost)/credit
 

($389
)
 

$6,482

 

($107
)
 

$5,986

Amortization of loss
 
(12,627
)
 
(4,409
)
 
(552
)
 
(17,588
)
 
 

($13,016
)
 

$2,073

 

($659
)
 

($11,602
)
Entergy Gulf States Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,022

 

$—

 

$1,022

Amortization of loss
 
(751
)
 
(977
)
 
(5
)
 
(1,733
)
 
 

($751
)
 

$45

 

($5
)
 

($711
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$845

 

$—

 

$845

Amortization of loss
 

 
(802
)
 

 
(802
)
 
 

$—

 

$43

 

$—

 

$43


2014

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost)/credit


($389
)


$5,571



($104
)


$5,078

Amortization of loss

(6,734
)

(1,673
)

(574
)

(8,981
)
Settlement loss





(1,162
)

(1,162
)



($7,123
)


$3,898



($1,840
)


($5,065
)
Entergy Gulf States Louisiana








Amortization of prior service credit


$—



$559



$—



$559

Amortization of loss

(478
)

(303
)

(1
)

(782
)



($478
)


$256



($1
)


($223
)
Entergy Louisiana








Amortization of prior service credit


$—



$844



$—



$844

Amortization of loss



(378
)



(378
)



$—



$466



$—



$466

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Employer Contributions

Based on current assumptions, Entergy expects to contribute $396 million to its qualified pension plans in 2015.  As of March 31, 2015, Entergy had contributed $78.5 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2015:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2015 pension contributions

$92,458

 

$32,471

 

$56,986

 

$22,473

 

$10,918

 

$17,167

 

$20,796

Pension contributions made through March 2015

$19,093

 

$5,959

 

$11,073

 

$4,385

 

$2,101

 

$3,279

 

$4,272

Remaining estimated pension contributions to be made in 2015

$73,365

 

$26,512

 

$45,913

 

$18,088

 

$8,817

 

$13,888

 

$16,524

Entergy Mississippi [Member]  
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$43,762

 

$35,109

Interest cost on projected benefit obligation
75,694

 
72,519

Expected return on assets
(98,655
)
 
(90,366
)
Amortization of prior service cost
390

 
400

Amortization of loss
58,981

 
36,274

Special termination benefit
76

 

Net pension costs

$80,248

 

$53,936

    
 
 
 
 


The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$6,661

 

$3,821

 

$4,778

 

$1,982

 

$849

 

$1,645

 

$1,957

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
15,471

 
7,428

 
9,939

 
4,502

 
2,108

 
4,354

 
3,493

Expected return on assets
 
(20,026
)
 
(10,160
)
 
(12,541
)
 
(6,105
)
 
(2,725
)
 
(6,222
)
 
(4,568
)
Amortization of loss
 
13,564

 
5,775

 
9,176

 
3,724

 
2,013

 
3,238

 
3,264

Net pension cost
 

$15,670

 

$6,864

 

$11,352

 

$4,103

 

$2,245

 

$3,015

 

$4,146

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$5,023

 

$2,881

 

$3,546

 

$1,523

 

$666

 

$1,285

 

$1,446

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
14,884

 
7,278

 
9,467

 
4,318

 
2,041

 
4,437

 
3,390

Expected return on assets
 
(18,305
)
 
(9,488
)
 
(11,449
)
 
(5,698
)
 
(2,505
)
 
(5,931
)
 
(4,155
)
Amortization of loss
 
8,989

 
3,981

 
6,131

 
2,354

 
1,449

 
2,339

 
2,375

Net pension cost
 

$10,591

 

$4,652

 

$7,695

 

$2,497

 

$1,651

 

$2,130

 

$3,056

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $10 million in pension cost for its non-qualified pension plans in the first quarters of 2015 and 2014, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2014 is a $5.5 million settlement charge related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans in the first quarters of 2015 and 2014:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
Non-qualified pension cost
 first quarter 2015

$113

 

$65

 

$3

 

$59

 

$16

 

$149

Non-qualified pension cost
 first quarter 2014

$161

 

$33

 

$1

 

$48

 

$23

 

$125

 
 
 
 
 
 
 
 
 
 
 
 

Reflected in Entergy Arkansas’s and Entergy Texas’s non-qualified pension costs in the first quarter of 2014 are $51 thousand and $6 thousand, respectively, in settlement charges related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost

Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$11,326

 

$10,873

Interest cost on accumulated postretirement benefit obligation (APBO)
17,984

 
17,960

Expected return on assets
(11,344
)
 
(11,197
)
Amortization of prior service credit
(9,320
)
 
(7,898
)
Amortization of loss
7,893

 
2,786

Net other postretirement benefit cost

$16,539

 

$12,524

 
 
 
 

The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,739

 

$1,247

 

$1,227

 

$507

 

$205

 

$500

 

$470

Interest cost on APBO
 
3,130

 
2,062

 
2,016

 
859

 
652

 
1,342

 
628

Expected return on assets
 
(4,798
)
 

 

 
(1,542
)
 
(1,201
)
 
(2,588
)
 
(911
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(1,022
)
 
(845
)
 
(229
)
 
(177
)
 
(681
)
 
(366
)
Amortization of loss
 
1,339

 
977

 
803

 
215

 
118

 
685

 
300

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

$800

 

$3,264

 

$3,201

 

($190
)
 

($403
)
 

($742
)
 

$121

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,489

 

$1,224

 

$1,130

 

$475

 

$217

 

$595

 

$515

Interest cost on APBO
 
3,065

 
2,095

 
2,066

 
914

 
701

 
1,413

 
653

Expected return on assets
 
(4,784
)
 

 

 
(1,443
)
 
(1,119
)
 
(2,590
)
 
(932
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(559
)
 
(844
)
 
(229
)
 
(177
)
 
(325
)
 
(206
)
Amortization of loss
 
317

 
303

 
378

 
37

 
14

 
200

 
111

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

($523
)
 

$3,063

 

$2,730

 

($246
)
 

($364
)
 

($707
)
 

$141

    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Reclassification out of Accumulated Other Comprehensive Income

Entergy and the Registrant Subsidiaries reclassified the following costs out of accumulated other comprehensive income (before taxes and including amounts capitalized) for the first quarters of 2015 and 2014:
2015
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost)/credit
 

($389
)
 

$6,482

 

($107
)
 

$5,986

Amortization of loss
 
(12,627
)
 
(4,409
)
 
(552
)
 
(17,588
)
 
 

($13,016
)
 

$2,073

 

($659
)
 

($11,602
)
Entergy Gulf States Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,022

 

$—

 

$1,022

Amortization of loss
 
(751
)
 
(977
)
 
(5
)
 
(1,733
)
 
 

($751
)
 

$45

 

($5
)
 

($711
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$845

 

$—

 

$845

Amortization of loss
 

 
(802
)
 

 
(802
)
 
 

$—

 

$43

 

$—

 

$43


2014

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost)/credit


($389
)


$5,571



($104
)


$5,078

Amortization of loss

(6,734
)

(1,673
)

(574
)

(8,981
)
Settlement loss





(1,162
)

(1,162
)



($7,123
)


$3,898



($1,840
)


($5,065
)
Entergy Gulf States Louisiana








Amortization of prior service credit


$—



$559



$—



$559

Amortization of loss

(478
)

(303
)

(1
)

(782
)



($478
)


$256



($1
)


($223
)
Entergy Louisiana








Amortization of prior service credit


$—



$844



$—



$844

Amortization of loss



(378
)



(378
)



$—



$466



$—



$466

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Employer Contributions

Based on current assumptions, Entergy expects to contribute $396 million to its qualified pension plans in 2015.  As of March 31, 2015, Entergy had contributed $78.5 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2015:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2015 pension contributions

$92,458

 

$32,471

 

$56,986

 

$22,473

 

$10,918

 

$17,167

 

$20,796

Pension contributions made through March 2015

$19,093

 

$5,959

 

$11,073

 

$4,385

 

$2,101

 

$3,279

 

$4,272

Remaining estimated pension contributions to be made in 2015

$73,365

 

$26,512

 

$45,913

 

$18,088

 

$8,817

 

$13,888

 

$16,524

Entergy New Orleans [Member]  
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$43,762

 

$35,109

Interest cost on projected benefit obligation
75,694

 
72,519

Expected return on assets
(98,655
)
 
(90,366
)
Amortization of prior service cost
390

 
400

Amortization of loss
58,981

 
36,274

Special termination benefit
76

 

Net pension costs

$80,248

 

$53,936

    
 
 
 
 


The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$6,661

 

$3,821

 

$4,778

 

$1,982

 

$849

 

$1,645

 

$1,957

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
15,471

 
7,428

 
9,939

 
4,502

 
2,108

 
4,354

 
3,493

Expected return on assets
 
(20,026
)
 
(10,160
)
 
(12,541
)
 
(6,105
)
 
(2,725
)
 
(6,222
)
 
(4,568
)
Amortization of loss
 
13,564

 
5,775

 
9,176

 
3,724

 
2,013

 
3,238

 
3,264

Net pension cost
 

$15,670

 

$6,864

 

$11,352

 

$4,103

 

$2,245

 

$3,015

 

$4,146

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$5,023

 

$2,881

 

$3,546

 

$1,523

 

$666

 

$1,285

 

$1,446

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
14,884

 
7,278

 
9,467

 
4,318

 
2,041

 
4,437

 
3,390

Expected return on assets
 
(18,305
)
 
(9,488
)
 
(11,449
)
 
(5,698
)
 
(2,505
)
 
(5,931
)
 
(4,155
)
Amortization of loss
 
8,989

 
3,981

 
6,131

 
2,354

 
1,449

 
2,339

 
2,375

Net pension cost
 

$10,591

 

$4,652

 

$7,695

 

$2,497

 

$1,651

 

$2,130

 

$3,056

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $10 million in pension cost for its non-qualified pension plans in the first quarters of 2015 and 2014, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2014 is a $5.5 million settlement charge related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans in the first quarters of 2015 and 2014:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
Non-qualified pension cost
 first quarter 2015

$113

 

$65

 

$3

 

$59

 

$16

 

$149

Non-qualified pension cost
 first quarter 2014

$161

 

$33

 

$1

 

$48

 

$23

 

$125

 
 
 
 
 
 
 
 
 
 
 
 

Reflected in Entergy Arkansas’s and Entergy Texas’s non-qualified pension costs in the first quarter of 2014 are $51 thousand and $6 thousand, respectively, in settlement charges related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost

Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$11,326

 

$10,873

Interest cost on accumulated postretirement benefit obligation (APBO)
17,984

 
17,960

Expected return on assets
(11,344
)
 
(11,197
)
Amortization of prior service credit
(9,320
)
 
(7,898
)
Amortization of loss
7,893

 
2,786

Net other postretirement benefit cost

$16,539

 

$12,524

 
 
 
 

The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,739

 

$1,247

 

$1,227

 

$507

 

$205

 

$500

 

$470

Interest cost on APBO
 
3,130

 
2,062

 
2,016

 
859

 
652

 
1,342

 
628

Expected return on assets
 
(4,798
)
 

 

 
(1,542
)
 
(1,201
)
 
(2,588
)
 
(911
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(1,022
)
 
(845
)
 
(229
)
 
(177
)
 
(681
)
 
(366
)
Amortization of loss
 
1,339

 
977

 
803

 
215

 
118

 
685

 
300

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

$800

 

$3,264

 

$3,201

 

($190
)
 

($403
)
 

($742
)
 

$121

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,489

 

$1,224

 

$1,130

 

$475

 

$217

 

$595

 

$515

Interest cost on APBO
 
3,065

 
2,095

 
2,066

 
914

 
701

 
1,413

 
653

Expected return on assets
 
(4,784
)
 

 

 
(1,443
)
 
(1,119
)
 
(2,590
)
 
(932
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(559
)
 
(844
)
 
(229
)
 
(177
)
 
(325
)
 
(206
)
Amortization of loss
 
317

 
303

 
378

 
37

 
14

 
200

 
111

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

($523
)
 

$3,063

 

$2,730

 

($246
)
 

($364
)
 

($707
)
 

$141

    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Reclassification out of Accumulated Other Comprehensive Income

Entergy and the Registrant Subsidiaries reclassified the following costs out of accumulated other comprehensive income (before taxes and including amounts capitalized) for the first quarters of 2015 and 2014:
2015
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost)/credit
 

($389
)
 

$6,482

 

($107
)
 

$5,986

Amortization of loss
 
(12,627
)
 
(4,409
)
 
(552
)
 
(17,588
)
 
 

($13,016
)
 

$2,073

 

($659
)
 

($11,602
)
Entergy Gulf States Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,022

 

$—

 

$1,022

Amortization of loss
 
(751
)
 
(977
)
 
(5
)
 
(1,733
)
 
 

($751
)
 

$45

 

($5
)
 

($711
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$845

 

$—

 

$845

Amortization of loss
 

 
(802
)
 

 
(802
)
 
 

$—

 

$43

 

$—

 

$43


2014

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost)/credit


($389
)


$5,571



($104
)


$5,078

Amortization of loss

(6,734
)

(1,673
)

(574
)

(8,981
)
Settlement loss





(1,162
)

(1,162
)



($7,123
)


$3,898



($1,840
)


($5,065
)
Entergy Gulf States Louisiana








Amortization of prior service credit


$—



$559



$—



$559

Amortization of loss

(478
)

(303
)

(1
)

(782
)



($478
)


$256



($1
)


($223
)
Entergy Louisiana








Amortization of prior service credit


$—



$844



$—



$844

Amortization of loss



(378
)



(378
)



$—



$466



$—



$466

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Employer Contributions

Based on current assumptions, Entergy expects to contribute $396 million to its qualified pension plans in 2015.  As of March 31, 2015, Entergy had contributed $78.5 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2015:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2015 pension contributions

$92,458

 

$32,471

 

$56,986

 

$22,473

 

$10,918

 

$17,167

 

$20,796

Pension contributions made through March 2015

$19,093

 

$5,959

 

$11,073

 

$4,385

 

$2,101

 

$3,279

 

$4,272

Remaining estimated pension contributions to be made in 2015

$73,365

 

$26,512

 

$45,913

 

$18,088

 

$8,817

 

$13,888

 

$16,524

Entergy Texas [Member]  
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$43,762

 

$35,109

Interest cost on projected benefit obligation
75,694

 
72,519

Expected return on assets
(98,655
)
 
(90,366
)
Amortization of prior service cost
390

 
400

Amortization of loss
58,981

 
36,274

Special termination benefit
76

 

Net pension costs

$80,248

 

$53,936

    
 
 
 
 


The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$6,661

 

$3,821

 

$4,778

 

$1,982

 

$849

 

$1,645

 

$1,957

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
15,471

 
7,428

 
9,939

 
4,502

 
2,108

 
4,354

 
3,493

Expected return on assets
 
(20,026
)
 
(10,160
)
 
(12,541
)
 
(6,105
)
 
(2,725
)
 
(6,222
)
 
(4,568
)
Amortization of loss
 
13,564

 
5,775

 
9,176

 
3,724

 
2,013

 
3,238

 
3,264

Net pension cost
 

$15,670

 

$6,864

 

$11,352

 

$4,103

 

$2,245

 

$3,015

 

$4,146

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$5,023

 

$2,881

 

$3,546

 

$1,523

 

$666

 

$1,285

 

$1,446

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
14,884

 
7,278

 
9,467

 
4,318

 
2,041

 
4,437

 
3,390

Expected return on assets
 
(18,305
)
 
(9,488
)
 
(11,449
)
 
(5,698
)
 
(2,505
)
 
(5,931
)
 
(4,155
)
Amortization of loss
 
8,989

 
3,981

 
6,131

 
2,354

 
1,449

 
2,339

 
2,375

Net pension cost
 

$10,591

 

$4,652

 

$7,695

 

$2,497

 

$1,651

 

$2,130

 

$3,056

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $10 million in pension cost for its non-qualified pension plans in the first quarters of 2015 and 2014, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2014 is a $5.5 million settlement charge related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans in the first quarters of 2015 and 2014:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
Non-qualified pension cost
 first quarter 2015

$113

 

$65

 

$3

 

$59

 

$16

 

$149

Non-qualified pension cost
 first quarter 2014

$161

 

$33

 

$1

 

$48

 

$23

 

$125

 
 
 
 
 
 
 
 
 
 
 
 

Reflected in Entergy Arkansas’s and Entergy Texas’s non-qualified pension costs in the first quarter of 2014 are $51 thousand and $6 thousand, respectively, in settlement charges related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost

Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$11,326

 

$10,873

Interest cost on accumulated postretirement benefit obligation (APBO)
17,984

 
17,960

Expected return on assets
(11,344
)
 
(11,197
)
Amortization of prior service credit
(9,320
)
 
(7,898
)
Amortization of loss
7,893

 
2,786

Net other postretirement benefit cost

$16,539

 

$12,524

 
 
 
 

The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,739

 

$1,247

 

$1,227

 

$507

 

$205

 

$500

 

$470

Interest cost on APBO
 
3,130

 
2,062

 
2,016

 
859

 
652

 
1,342

 
628

Expected return on assets
 
(4,798
)
 

 

 
(1,542
)
 
(1,201
)
 
(2,588
)
 
(911
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(1,022
)
 
(845
)
 
(229
)
 
(177
)
 
(681
)
 
(366
)
Amortization of loss
 
1,339

 
977

 
803

 
215

 
118

 
685

 
300

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

$800

 

$3,264

 

$3,201

 

($190
)
 

($403
)
 

($742
)
 

$121

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,489

 

$1,224

 

$1,130

 

$475

 

$217

 

$595

 

$515

Interest cost on APBO
 
3,065

 
2,095

 
2,066

 
914

 
701

 
1,413

 
653

Expected return on assets
 
(4,784
)
 

 

 
(1,443
)
 
(1,119
)
 
(2,590
)
 
(932
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(559
)
 
(844
)
 
(229
)
 
(177
)
 
(325
)
 
(206
)
Amortization of loss
 
317

 
303

 
378

 
37

 
14

 
200

 
111

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

($523
)
 

$3,063

 

$2,730

 

($246
)
 

($364
)
 

($707
)
 

$141

    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Reclassification out of Accumulated Other Comprehensive Income

Entergy and the Registrant Subsidiaries reclassified the following costs out of accumulated other comprehensive income (before taxes and including amounts capitalized) for the first quarters of 2015 and 2014:
2015
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost)/credit
 

($389
)
 

$6,482

 

($107
)
 

$5,986

Amortization of loss
 
(12,627
)
 
(4,409
)
 
(552
)
 
(17,588
)
 
 

($13,016
)
 

$2,073

 

($659
)
 

($11,602
)
Entergy Gulf States Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,022

 

$—

 

$1,022

Amortization of loss
 
(751
)
 
(977
)
 
(5
)
 
(1,733
)
 
 

($751
)
 

$45

 

($5
)
 

($711
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$845

 

$—

 

$845

Amortization of loss
 

 
(802
)
 

 
(802
)
 
 

$—

 

$43

 

$—

 

$43


2014

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost)/credit


($389
)


$5,571



($104
)


$5,078

Amortization of loss

(6,734
)

(1,673
)

(574
)

(8,981
)
Settlement loss





(1,162
)

(1,162
)



($7,123
)


$3,898



($1,840
)


($5,065
)
Entergy Gulf States Louisiana








Amortization of prior service credit


$—



$559



$—



$559

Amortization of loss

(478
)

(303
)

(1
)

(782
)



($478
)


$256



($1
)


($223
)
Entergy Louisiana








Amortization of prior service credit


$—



$844



$—



$844

Amortization of loss



(378
)



(378
)



$—



$466



$—



$466

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Employer Contributions

Based on current assumptions, Entergy expects to contribute $396 million to its qualified pension plans in 2015.  As of March 31, 2015, Entergy had contributed $78.5 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2015:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2015 pension contributions

$92,458

 

$32,471

 

$56,986

 

$22,473

 

$10,918

 

$17,167

 

$20,796

Pension contributions made through March 2015

$19,093

 

$5,959

 

$11,073

 

$4,385

 

$2,101

 

$3,279

 

$4,272

Remaining estimated pension contributions to be made in 2015

$73,365

 

$26,512

 

$45,913

 

$18,088

 

$8,817

 

$13,888

 

$16,524

System Energy [Member]  
Retirement And Other Postretirement Benefits
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$43,762

 

$35,109

Interest cost on projected benefit obligation
75,694

 
72,519

Expected return on assets
(98,655
)
 
(90,366
)
Amortization of prior service cost
390

 
400

Amortization of loss
58,981

 
36,274

Special termination benefit
76

 

Net pension costs

$80,248

 

$53,936

    
 
 
 
 


The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$6,661

 

$3,821

 

$4,778

 

$1,982

 

$849

 

$1,645

 

$1,957

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
15,471

 
7,428

 
9,939

 
4,502

 
2,108

 
4,354

 
3,493

Expected return on assets
 
(20,026
)
 
(10,160
)
 
(12,541
)
 
(6,105
)
 
(2,725
)
 
(6,222
)
 
(4,568
)
Amortization of loss
 
13,564

 
5,775

 
9,176

 
3,724

 
2,013

 
3,238

 
3,264

Net pension cost
 

$15,670

 

$6,864

 

$11,352

 

$4,103

 

$2,245

 

$3,015

 

$4,146

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
 Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$5,023

 

$2,881

 

$3,546

 

$1,523

 

$666

 

$1,285

 

$1,446

Interest cost on projected
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit obligation
 
14,884

 
7,278

 
9,467

 
4,318

 
2,041

 
4,437

 
3,390

Expected return on assets
 
(18,305
)
 
(9,488
)
 
(11,449
)
 
(5,698
)
 
(2,505
)
 
(5,931
)
 
(4,155
)
Amortization of loss
 
8,989

 
3,981

 
6,131

 
2,354

 
1,449

 
2,339

 
2,375

Net pension cost
 

$10,591

 

$4,652

 

$7,695

 

$2,497

 

$1,651

 

$2,130

 

$3,056

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $10 million in pension cost for its non-qualified pension plans in the first quarters of 2015 and 2014, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2014 is a $5.5 million settlement charge related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans in the first quarters of 2015 and 2014:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
(In Thousands)
Non-qualified pension cost
 first quarter 2015

$113

 

$65

 

$3

 

$59

 

$16

 

$149

Non-qualified pension cost
 first quarter 2014

$161

 

$33

 

$1

 

$48

 

$23

 

$125

 
 
 
 
 
 
 
 
 
 
 
 

Reflected in Entergy Arkansas’s and Entergy Texas’s non-qualified pension costs in the first quarter of 2014 are $51 thousand and $6 thousand, respectively, in settlement charges related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost

Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2015 and 2014, included the following components:
 
2015
 
2014
 
(In Thousands)
Service cost - benefits earned during the period

$11,326

 

$10,873

Interest cost on accumulated postretirement benefit obligation (APBO)
17,984

 
17,960

Expected return on assets
(11,344
)
 
(11,197
)
Amortization of prior service credit
(9,320
)
 
(7,898
)
Amortization of loss
7,893

 
2,786

Net other postretirement benefit cost

$16,539

 

$12,524

 
 
 
 

The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2015 and 2014, included the following components:
2015
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,739

 

$1,247

 

$1,227

 

$507

 

$205

 

$500

 

$470

Interest cost on APBO
 
3,130

 
2,062

 
2,016

 
859

 
652

 
1,342

 
628

Expected return on assets
 
(4,798
)
 

 

 
(1,542
)
 
(1,201
)
 
(2,588
)
 
(911
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(1,022
)
 
(845
)
 
(229
)
 
(177
)
 
(681
)
 
(366
)
Amortization of loss
 
1,339

 
977

 
803

 
215

 
118

 
685

 
300

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

$800

 

$3,264

 

$3,201

 

($190
)
 

($403
)
 

($742
)
 

$121

2014
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
 
(In Thousands)
Service cost - benefits earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
during the period
 

$1,489

 

$1,224

 

$1,130

 

$475

 

$217

 

$595

 

$515

Interest cost on APBO
 
3,065

 
2,095

 
2,066

 
914

 
701

 
1,413

 
653

Expected return on assets
 
(4,784
)
 

 

 
(1,443
)
 
(1,119
)
 
(2,590
)
 
(932
)
Amortization of prior service
 
 
 
 
 
 
 
 
 
 
 
 
 
 
credit
 
(610
)
 
(559
)
 
(844
)
 
(229
)
 
(177
)
 
(325
)
 
(206
)
Amortization of loss
 
317

 
303

 
378

 
37

 
14

 
200

 
111

Net other postretirement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
benefit cost
 

($523
)
 

$3,063

 

$2,730

 

($246
)
 

($364
)
 

($707
)
 

$141

    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Reclassification out of Accumulated Other Comprehensive Income

Entergy and the Registrant Subsidiaries reclassified the following costs out of accumulated other comprehensive income (before taxes and including amounts capitalized) for the first quarters of 2015 and 2014:
2015
 
Qualified
Pension
Costs
 
Other
Postretirement
Costs
 
Non-Qualified
Pension Costs
 
Total
 
 
(In Thousands)
 
 
Entergy
 
 
 
 
 
 
 
 
Amortization of prior service (cost)/credit
 

($389
)
 

$6,482

 

($107
)
 

$5,986

Amortization of loss
 
(12,627
)
 
(4,409
)
 
(552
)
 
(17,588
)
 
 

($13,016
)
 

$2,073

 

($659
)
 

($11,602
)
Entergy Gulf States Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$1,022

 

$—

 

$1,022

Amortization of loss
 
(751
)
 
(977
)
 
(5
)
 
(1,733
)
 
 

($751
)
 

$45

 

($5
)
 

($711
)
Entergy Louisiana
 
 
 
 
 
 
 
 
Amortization of prior service credit
 

$—

 

$845

 

$—

 

$845

Amortization of loss
 

 
(802
)
 

 
(802
)
 
 

$—

 

$43

 

$—

 

$43


2014

Qualified
Pension
Costs

Other
Postretirement
Costs

Non-Qualified
Pension Costs

Total


(In Thousands)


Entergy








Amortization of prior service (cost)/credit


($389
)


$5,571



($104
)


$5,078

Amortization of loss

(6,734
)

(1,673
)

(574
)

(8,981
)
Settlement loss





(1,162
)

(1,162
)



($7,123
)


$3,898



($1,840
)


($5,065
)
Entergy Gulf States Louisiana








Amortization of prior service credit


$—



$559



$—



$559

Amortization of loss

(478
)

(303
)

(1
)

(782
)



($478
)


$256



($1
)


($223
)
Entergy Louisiana








Amortization of prior service credit


$—



$844



$—



$844

Amortization of loss



(378
)



(378
)



$—



$466



$—



$466

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Employer Contributions

Based on current assumptions, Entergy expects to contribute $396 million to its qualified pension plans in 2015.  As of March 31, 2015, Entergy had contributed $78.5 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2015:
 
Entergy
Arkansas
 
Entergy
Gulf States
Louisiana
 
Entergy
Louisiana
 
Entergy
Mississippi
 
Entergy
New Orleans
 
Entergy
Texas
 
System
Energy
 
(In Thousands)
Expected 2015 pension contributions

$92,458

 

$32,471

 

$56,986

 

$22,473

 

$10,918

 

$17,167

 

$20,796

Pension contributions made through March 2015

$19,093

 

$5,959

 

$11,073

 

$4,385

 

$2,101

 

$3,279

 

$4,272

Remaining estimated pension contributions to be made in 2015

$73,365

 

$26,512

 

$45,913

 

$18,088

 

$8,817

 

$13,888

 

$16,524