XML 64 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
OPERATING ACTIVITIES      
Consolidated net income (loss) [1] $ (156,734) $ 960,257 $ 730,572
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 2,117,236 2,127,892 2,012,076
Deferred income taxes, investment tax credits, and non-current taxes accrued (820,350) 596,935 311,789
Asset Write-Offs, Impairments, And Related Charges 2,104,906 123,527 341,537
Gain on sale of asset / business (154,037) 0 (43,569)
Changes in working capital:      
Receivables 38,152 98,493 (180,648)
Fuel inventory (12,376) 3,524 4,873
Accounts payable (135,211) (12,996) 94,436
Prepaid taxes and taxes accrued 81,969 (62,985) (142,626)
Interest accrued (11,445) 25,013 (3,667)
Deferred fuel costs 298,725 (70,691) (4,824)
Other working capital accounts (113,701) 112,390 (66,330)
Changes in provisions for estimated losses 42,566 301,871 (248,205)
Changes in other regulatory assets 262,317 (1,061,537) 1,105,622
Changes in other regulatory liabilities 61,241 87,654 397,341
Changes in pensions and other postretirement liabilities (446,418) 1,308,166 (1,433,663)
Other 134,344 (647,952) 314,505
Net cash flow provided by operating activities 3,291,184 3,889,561 3,189,219
INVESTING ACTIVITIES      
Construction/capital expenditures (2,500,860) (2,119,191) (2,287,593)
Allowance for equity funds used during construction 53,635 68,375 69,689
Nuclear fuel purchases (493,604) (537,548) (517,825)
Payment for purchase of plant 0 0 (17,300)
Proceeds from sale of assets and businesses 487,406 10,100 147,922
NYPA value sharing payment (70,790) (72,000) (71,736)
Payments To Storm Reserve Escrow Account (69,163) (276,057) (7,716)
Receipts from storm reserve escrow account 5,916 0 260,279
Changes in securitization account (5,806) 1,511 155
Decrease (increase) in other investments 571 46,983 (82,955)
Litigation proceeds for reimbursement of spent nuclear fuel storage costs 18,296 0 21,034
Proceeds from nuclear decommissioning trust fund sales 2,492,176 1,872,115 2,031,552
Investment in nuclear decommissioning trust funds (2,550,958) (1,989,446) (2,147,099)
Proceeds from insurance 24,399 40,670 0
Net cash flow used in investing activities (2,608,782) (2,954,488) (2,601,593)
Proceeds from the issuance of:      
Long-term debt 3,502,189 3,100,069 3,746,016
Preferred stock of subsidiary 107,426 0 24,249
Common stock and treasury stock 24,366 194,866 24,527
Retirement of long-term debt (3,461,518) (2,323,313) (3,814,666)
Repurchase of common stock (99,807) (183,271) 0
Payments for Repurchase of Preferred Stock and Preference Stock (94,285) 0 0
Changes in credit borrowings and commercial paper - net (104,047) (448,475) 250,889
Dividends paid:      
Common stock (598,897) (596,117) (593,037)
Preferred stock (19,758) (19,511) (18,802)
Other (9,136) 23,579 0
Net cash flow used in financing activities (753,467) (252,173) (380,824)
Effect of exchange rates on cash and cash equivalents 0 0 (245)
Net increase (decrease) in cash and cash equivalents (71,065) 682,900 206,557
Cash and cash equivalents at beginning of period 1,422,026 739,126 532,569
Cash and cash equivalents at end of period 1,350,961 1,422,026 739,126
Cash paid during the period for:      
Interest - net of amount capitalized 663,630 611,376 570,212
Income taxes 103,589 77,799 127,735
Entergy Arkansas [Member]      
OPERATING ACTIVITIES      
Consolidated net income (loss) 74,272 121,392 161,948
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 400,156 387,945 357,639
Deferred income taxes, investment tax credits, and non-current taxes accrued (4,330) 130,132 130,707
Changes in working capital:      
Receivables 20,813 25,661 (26,320)
Fuel inventory (11,791) (9,394) 7,471
Accounts payable (2,528) (120,097) 141,041
Prepaid taxes and taxes accrued (54,531) 14,261 (204,990)
Interest accrued (367) (1,786) (6,382)
Deferred fuel costs 151,332 (140,483) 28,609
Other working capital accounts (44,784) 72,411 (34,909)
Changes in provisions for estimated losses (137) (57) (76)
Changes in other regulatory assets 60,279 (367,234) 214,131
Changes in pensions and other postretirement liabilities (110,936) 252,639 (295,435)
Other (2,558) 38,436 (72,184)
Net cash flow provided by operating activities 474,890 403,826 401,250
INVESTING ACTIVITIES      
Construction/capital expenditures (624,546) (535,464) (489,079)
Allowance for equity funds used during construction 15,882 10,789 14,550
Nuclear fuel purchases (132,252) (195,092) (88,637)
Proceeds from sale of nuclear fuel 52,281 75,860 36,478
Changes in securitization account (108) (261) 568
Litigation proceeds for reimbursement of spent nuclear fuel storage costs 0 0 10,271
Increase (Decrease) Cash Collateral from Counterparties 0 0 9,000
Proceeds from nuclear decommissioning trust fund sales 212,954 181,489 266,391
Investment in nuclear decommissioning trust funds (223,357) (190,062) (274,519)
Change in money pool receivable - net 2,218 15,313 (9,496)
Proceeds from insurance 11,654 36,600 0
Other 0 200 0
Net cash flow used in investing activities (685,274) (600,628) (524,473)
Proceeds from the issuance of:      
Long-term debt 0 707,465 716,595
Retirement of long-term debt (13,234) (447,815) (442,302)
Change in money pool payable - net 52,742 0 0
Changes in credit borrowings and commercial paper - net (36,278) 47,968 (36,735)
Dividends paid:      
Common stock 0 (10,000) (15,000)
Preferred stock (6,873) (6,873) (6,873)
Other 4,657 (2,460) 27
Net cash flow used in financing activities 1,014 288,285 215,712
Net increase (decrease) in cash and cash equivalents (209,370) 91,483 92,489
Cash and cash equivalents at beginning of period 218,505 127,022 34,533
Cash and cash equivalents at end of period 9,135 218,505 127,022
Cash paid during the period for:      
Interest - net of amount capitalized 100,435 90,285 92,353
Income taxes 103,296 (48,948) 184,592
Entergy Louisiana [Member]      
OPERATING ACTIVITIES      
Consolidated net income (loss) 446,639 446,022 414,126
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 593,635 580,742 560,753
Deferred income taxes, investment tax credits, and non-current taxes accrued 97,461 248,686 397,089
Changes in working capital:      
Receivables (12,795) 101,965 (175,682)
Fuel inventory (887) 2,708 684
Accounts payable 23,641 (28,422) (11,454)
Prepaid taxes and taxes accrued 105,687 183,313 (219,595)
Interest accrued 2,933 3,567 5,179
Deferred fuel costs 4,222 40,245 46,387
Other working capital accounts (41,890) 17,761 36,259
Changes in provisions for estimated losses (8,946) 274,349 (248,825)
Changes in other regulatory assets 130,762 (314,837) 234,303
Changes in other regulatory liabilities 96,234 29,713 212,431
Changes in pensions and other postretirement liabilities (98,695) 299,319 (321,244)
Other (182,485) (166,540) 167,087
Net cash flow provided by operating activities 1,155,516 1,718,591 1,097,498
INVESTING ACTIVITIES      
Construction/capital expenditures (845,227) (757,376) (978,592)
Allowance for equity funds used during construction 19,192 46,240 39,606
Nuclear fuel purchases (244,040) (172,297) (192,192)
Proceeds from sale of nuclear fuel 54,595 126,004 42,839
Proceeds from sale of assets and businesses 59,610 0 0
Investment in affiliates 0 (293,516) 0
Payments To Storm Reserve Escrow Account (308) (268,576) (29)
Receipts from storm reserve escrow account 0 0 252,483
Changes in securitization account (137) 1,480 (157)
Proceeds from nuclear decommissioning trust fund sales 123,474 216,688 303,648
Investment in nuclear decommissioning trust funds (158,028) (245,446) (334,895)
Change in money pool receivable - net (3,339) 16,758 (10,140)
Other 0 0 (22)
Net cash flow used in investing activities (994,208) (1,330,041) (877,451)
Proceeds from the issuance of:      
Long-term debt 77,172 751,565 487,510
Retirement of long-term debt (180,595) (512,180) (105,846)
Payments for Repurchase of Preferred Stock and Preference Stock 110,000    
Payments for Repurchase of Preferred Stock and Related Expense (110,286) 0 0
Change in money pool payable - net 0 0 (7,074)
Changes in credit borrowings and commercial paper - net 14,322 28,310 (36,934)
Dividends paid:      
Common stock (226,000) (487,502) (476,154)
Preferred stock (6,082) (7,775) (7,775)
Other (15,253) 19,960 42
Net cash flow used in financing activities (446,722) (207,622) (146,231)
Net increase (decrease) in cash and cash equivalents (285,414) 180,928 73,816
Cash and cash equivalents at beginning of period 320,516 139,588 65,772
Cash and cash equivalents at end of period 35,102 320,516 139,588
Cash paid during the period for:      
Interest - net of amount capitalized 243,745 241,436 221,139
Income taxes 89,124 (242,420) (28,558)
Noncash Capital Contribution from Parent (267,826) 0 0
Entergy Mississippi [Member]      
OPERATING ACTIVITIES      
Consolidated net income (loss) 92,708 74,821 82,159
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 129,029 113,903 108,714
Deferred income taxes, investment tax credits, and non-current taxes accrued 18,673 32,472 47,878
Changes in working capital:      
Receivables 50,199 (27,444) (31,647)
Fuel inventory (8,537) 6,163 (121)
Accounts payable (26,682) (14,618) 38,727
Prepaid taxes and taxes accrued (10,104) 318 920
Interest accrued (2,341) 2,789 2,157
Deferred fuel costs 105,560 40,251 (11,567)
Other working capital accounts (663) 17,567 (12,820)
Changes in provisions for estimated losses (2,080) 14,468 (146)
Changes in other regulatory assets 39,582 (36,875) 87,907
Changes in pensions and other postretirement liabilities (14,939) 68,434 (94,143)
Other 1,874 11,214 1,647
Net cash flow provided by operating activities 372,279 303,463 219,665
INVESTING ACTIVITIES      
Construction/capital expenditures (235,894) (179,544) (168,510)
Allowance for equity funds used during construction 3,095 2,380 2,182
Change in money pool receivable - net (25,286) (644) 16,878
Proceeds from insurance 12,932 0 0
Other 26 43 40
Net cash flow used in investing activities (245,127) (177,765) (149,410)
Proceeds from the issuance of:      
Long-term debt 0 98,668 0
Retirement of long-term debt 0 (95,000) (116,030)
Change in money pool payable - net 0 (3,536) 3,536
Dividends paid:      
Common stock (40,000) (61,400) (7,400)
Preferred stock (2,828) (2,828) (2,828)
Other (352) 0 (472)
Net cash flow used in financing activities (43,180) (64,096) (123,194)
Net increase (decrease) in cash and cash equivalents 83,972 61,602 (52,939)
Cash and cash equivalents at beginning of period 61,633 31 52,970
Cash and cash equivalents at end of period 145,605 61,633 31
Cash paid during the period for:      
Interest - net of amount capitalized 57,576 51,509 54,120
Income taxes 61,333 19,650 4,657
Entergy New Orleans [Member]      
OPERATING ACTIVITIES      
Consolidated net income (loss) 44,925 31,030 12,608
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 43,205 45,426 43,990
Deferred income taxes, investment tax credits, and non-current taxes accrued 22,180 24,380 (7,439)
Changes in working capital:      
Receivables 7,878 21,098 (8,215)
Fuel inventory 1,104 (17) (1,222)
Accounts payable 2,738 (7,702) 5,987
Interest accrued 1,270 (63) 581
Deferred fuel costs (182) 5,409 22,622
Other working capital accounts (2,995) (18,030) 3,194
Changes in provisions for estimated losses 58,310 10,877 (31)
Changes in other regulatory assets (70,471) (41,517) 62,586
Changes in pensions and other postretirement liabilities (18,831) 29,942 (51,293)
Other 15,937 (11,900) 9,182
Net cash flow provided by operating activities 105,068 88,933 92,550
INVESTING ACTIVITIES      
Construction/capital expenditures (91,928) (70,903) (95,766)
Allowance for equity funds used during construction 1,404 1,750 1,598
Payments To Storm Reserve Escrow Account (68,886) (7,525) (7,663)
Receipts from storm reserve escrow account 5,922 0 7,755
Changes in securitization account (4,620) 0 0
Change in money pool receivable - net (15,352) 4,295 (1,814)
Net cash flow used in investing activities (173,460) (72,383) (95,890)
Proceeds from the issuance of:      
Long-term debt 95,367 0 98,471
Retirement of long-term debt 0 0 (70,068)
Repayment of long-term payable due to Entergy Louisiana (59,610) 0 0
Proceeds from Contributions from Parent 87,500 0 0
Dividends paid:      
Common stock (7,250) (6,000) 0
Preferred stock (965) (965) (965)
Other (163) (685) 0
Net cash flow used in financing activities 114,879 (7,650) 27,438
Net increase (decrease) in cash and cash equivalents 46,487 8,900 24,098
Cash and cash equivalents at beginning of period 42,389 33,489 9,391
Cash and cash equivalents at end of period 88,876 42,389 33,489
Cash paid during the period for:      
Interest - net of amount capitalized 14,951 15,877 15,153
Income taxes 8,110 4,871 (1,448)
Entergy Texas [Member]      
OPERATING ACTIVITIES      
Consolidated net income (loss) 69,625 74,804 57,881
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 102,410 99,609 94,744
Deferred income taxes, investment tax credits, and non-current taxes accrued (23,292) 2,829 86,152
Changes in working capital:      
Receivables 21,443 24,318 (49,252)
Fuel inventory 2,960 5,433 53
Accounts payable (16,913) (19,854) 29,718
Prepaid taxes and taxes accrued 3,484 57,484 (1,967)
Interest accrued (551) (1,489) (920)
Deferred fuel costs 36,985 (15,954) (89,241)
Other working capital accounts 2,468 9,045 6,918
Changes in provisions for estimated losses (2,899) 3,139 2,470
Changes in other regulatory assets 125,133 2,809 197,520
Changes in pensions and other postretirement liabilities (33,474) 59,725 (104,055)
Other (3,111) 13,266 7,033
Net cash flow provided by operating activities 284,268 315,164 237,054
INVESTING ACTIVITIES      
Construction/capital expenditures (320,408) (195,794) (181,546)
Allowance for equity funds used during construction 5,751 2,981 4,647
Changes in securitization account (942) 292 (256)
Change in money pool receivable - net 306 5,981 12,888
Other 0 0 (42)
Net cash flow used in investing activities (315,293) (186,540) (164,309)
Proceeds from the issuance of:      
Long-term debt 246,607 131,163 0
Retirement of long-term debt (265,734) (213,450) (61,316)
Change in money pool payable - net 22,068 0 0
Dividends paid:      
Common stock 0 (70,000) (25,000)
Other (175) 7,616 (177)
Net cash flow used in financing activities 2,766 (144,671) (86,493)
Net increase (decrease) in cash and cash equivalents (28,259) (16,047) (13,748)
Cash and cash equivalents at beginning of period 30,441 46,488 60,236
Cash and cash equivalents at end of period 2,182 30,441 46,488
Cash paid during the period for:      
Interest - net of amount capitalized 83,290 85,695 89,021
Income taxes 60,359 (2,653) (57,473)
System Energy [Member]      
OPERATING ACTIVITIES      
Consolidated net income (loss) 111,318 96,334 113,664
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 270,514 254,199 293,537
Deferred income taxes, investment tax credits, and non-current taxes accrued 200,797 79,835 29,996
Changes in working capital:      
Receivables 5,879 37,345 (29,226)
Accounts payable (352) (6,372) 6,685
Prepaid taxes and taxes accrued (32,594) 12,146 (170,356)
Interest accrued (19,013) 21,371 (3,794)
Other working capital accounts 13,576 (11,688) 24,863
Changes in other regulatory assets (4,565) (64,262) 79,345
Changes in pensions and other postretirement liabilities (16,888) 49,741 (63,206)
Other (26,136) (40,384) (1,870)
Net cash flow provided by operating activities 502,536 428,265 279,638
INVESTING ACTIVITIES      
Construction/capital expenditures (70,358) (63,774) (51,584)
Allowance for equity funds used during construction 8,494 5,069 7,784
Nuclear fuel purchases (64,977) (181,209) (65,691)
Proceeds from sale of nuclear fuel 57,681 61,076 26,522
Proceeds from nuclear decommissioning trust fund sales 390,371 392,872 215,467
Investment in nuclear decommissioning trust funds (421,220) (424,814) (247,042)
Change in money pool receivable - net (37,553) 6,850 17,692
Net cash flow used in investing activities (137,562) (203,930) (96,852)
Proceeds from the issuance of:      
Long-term debt 0 0 85,000
Retirement of long-term debt (136,310) (46,743) (111,479)
Changes in credit borrowings and commercial paper - net (20,404) 20,404 (39,986)
Dividends paid:      
Common stock (200,750) (101,930) (70,286)
Other (28) (29) (2,515)
Net cash flow used in financing activities (357,492) (128,298) (139,266)
Net increase (decrease) in cash and cash equivalents 7,482 96,037 43,520
Cash and cash equivalents at beginning of period 223,179 127,142 83,622
Cash and cash equivalents at end of period 230,661 223,179 127,142
Cash paid during the period for:      
Interest - net of amount capitalized 47,864 27,834 32,178
Income taxes $ (114,092) $ (10,065) $ 211,210
[1] (a) Consolidated net income and preferred dividend requirements of subsidiaries for 2015, 2014, and 2013 include $14.9 million, $12.9 million, and $12 million, respectively, of preferred dividends on subsidiaries’ preferred stock without sinking fund that is not presented as equity.