XML 86 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
OPERATING ACTIVITIES      
Consolidated net income (loss) [1] $ 425,353 $ (564,503) $ (156,734)
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 2,078,578 2,123,291 2,117,236
Deferred income taxes, investment tax credits, and non-current taxes accrued 529,053 (836,257) (820,350)
Asset Write-Offs, Impairments, And Related Charges 357,251 2,835,637 2,104,906
Gain on sale of asset (16,270) 0 (154,037)
Changes in working capital:      
Receivables (97,637) (96,975) 38,152
Fuel inventory (3,043) 38,210 (12,376)
Accounts payable 101,802 174,421 (135,211)
Prepaid taxes and taxes accrued 33,853 (28,963) 81,969
Interest accrued 742 (7,335) (11,445)
Deferred fuel costs 56,290 (241,896) 298,725
Other working capital accounts (4,331) 31,197 (113,701)
Changes in provisions for estimated losses (3,279) 20,905 42,566
Increase (Decrease) in Other Regulatory Assets (595,504) 48,469 (262,317)
Increase (Decrease) in Regulatory Liabilities 2,915,795 158,031 61,241
Deferred tax rate change recognized as regulatory liability/asset (3,665,498) 0 0
Changes in pensions and other postretirement liabilities (130,686) (136,919) (446,418)
Other (549,977) (421,676) 134,344
Net cash flow provided by operating activities 2,623,500 2,998,699 3,291,184
INVESTING ACTIVITIES      
Construction/capital expenditures (3,607,532) (2,780,222) (2,500,860)
Allowance for equity funds used during construction 96,000 68,345 53,635
Nuclear fuel purchases (377,324) (314,706) (493,604)
Payment for purchase of plant or assets (16,762) (949,329) 0
Proceeds from sale of assets 100,000 0 487,406
NYPA value sharing payment 0 0 (70,790)
Payments To Storm Reserve Escrow Account (2,878) (1,544) (69,163)
Receipts from storm reserve escrow account 11,323 0 5,916
Changes in securitization account 1,323 4,007 (5,806)
Decrease in other investments 1,078 9,055 571
Litigation proceeds for reimbursement of spent nuclear fuel storage costs 25,493 169,085 18,296
Proceeds from nuclear decommissioning trust fund sales 3,162,747 2,408,920 2,492,176
Investment in nuclear decommissioning trust funds (3,260,674) (2,484,627) (2,550,958)
Proceeds from insurance 26,157 20,968 24,399
Net cash flow used in investing activities (3,841,049) (3,850,048) (2,608,782)
Proceeds from the issuance of:      
Long-term debt 1,809,390 6,800,558 3,502,189
Preferred stock of subsidiary 14,399 0 107,426
Common stock and treasury stock 80,729 33,114 24,366
Retirement of long-term debt (1,585,681) (5,311,324) (3,461,518)
Repurchase of common stock 0 0 (99,807)
Payments for Repurchase of Preferred Stock and Preference Stock (20,599) (115,283) (94,285)
Changes in credit borrowings and commercial paper - net 1,163,296 (79,337) (104,047)
Dividends paid:      
Common stock (628,885) (611,835) (598,897)
Preferred stock (13,940) (20,789) (19,758)
Other (7,731) (6,872) (9,136)
Net cash flow provided by (used in) financing activities 810,978 688,232 (753,467)
Net increase (decrease) in cash and cash equivalents (406,571) (163,117) (71,065)
Cash and cash equivalents at beginning of period 1,187,844 1,350,961 1,422,026
Cash and cash equivalents at end of period 781,273 1,187,844 1,350,961
Cash paid (received) during the period for:      
Interest - net of amount capitalized 678,371 746,779 663,630
Income taxes (13,375) 95,317 103,589
Entergy Arkansas [Member]      
OPERATING ACTIVITIES      
Consolidated net income (loss) 139,844 167,212 74,272
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 427,394 414,933 400,156
Deferred income taxes, investment tax credits, and non-current taxes accrued 67,711 201,219 (4,330)
Changes in working capital:      
Receivables (23,397) (39,118) 20,813
Fuel inventory 3,402 29,929 (11,791)
Accounts payable 16,011 143,645 (2,528)
Prepaid taxes and taxes accrued 40,127 37,485 (54,531)
Interest accrued 1,635 (3,303) (367)
Deferred fuel costs 33,190 (105,741) 151,332
Other working capital accounts 15,087 (46,490) (44,784)
Changes in provisions for estimated losses 16,047 13,130 (137)
Increase (Decrease) in Other Regulatory Assets 76,762 95,464 (60,279)
Increase (Decrease) in Regulatory Liabilities 1,043,507 62,994 (11,123)
Deferred tax rate change recognized as regulatory liability/asset (1,047,837) 0 0
Changes in pensions and other postretirement liabilities (70,826) (36,805) (110,936)
Other (29,577) (67,115) 8,565
Net cash flow provided by operating activities 555,556 676,511 474,890
INVESTING ACTIVITIES      
Construction/capital expenditures (735,816) (666,289) (624,546)
Allowance for equity funds used during construction 19,211 17,754 15,882
Nuclear fuel purchases (151,424) (102,050) (132,252)
Proceeds from sale of nuclear fuel 51,029 39,313 52,281
Payment for purchase of plant or assets 0 (237,323) 0
Proceeds from nuclear decommissioning trust fund sales 339,434 197,390 212,954
Investment in nuclear decommissioning trust funds (352,138) (213,093) (223,357)
Change in money pool receivable - net 0 0 2,218
Proceeds from insurance 0 10,404 11,654
Other 392 5,899 (108)
Net cash flow used in investing activities (829,312) (947,995) (685,274)
Proceeds from the issuance of:      
Long-term debt 294,656 817,563 0
Retirement of long-term debt (175,560) (628,433) (13,234)
Proceeds from Contributions from Parent 0 200,000 0
Payments for Repurchase of Preferred Stock and Preference Stock 0 (85,283) 0
Change in money pool payable - net 114,905 (1,510) 52,742
Changes in credit borrowings and commercial paper - net 49,974 (11,690) (36,278)
Dividends paid:      
Common stock (15,000) 0 0
Preferred stock (1,428) (6,631) (6,873)
Other (8,084) (1,158) 4,657
Net cash flow provided by (used in) financing activities 259,463 282,858 1,014
Net increase (decrease) in cash and cash equivalents (14,293) 11,374 (209,370)
Cash and cash equivalents at beginning of period 20,509 9,135 218,505
Cash and cash equivalents at end of period 6,216 20,509 9,135
Cash paid (received) during the period for:      
Interest - net of amount capitalized 115,162 112,912 100,435
Income taxes (8,141) (135,709) 103,296
Entergy Louisiana [Member]      
OPERATING ACTIVITIES      
Consolidated net income (loss) 316,347 622,047 446,639
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 621,018 620,211 593,635
Deferred income taxes, investment tax credits, and non-current taxes accrued 575,804 178,549 97,461
Changes in working capital:      
Receivables (53,829) (102,200) (12,795)
Fuel inventory 11,010 (2,693) (887)
Accounts payable 58,880 (36,720) 23,641
Prepaid taxes and taxes accrued 128,261 (235,246) 105,687
Interest accrued (70) 1,218 2,933
Deferred fuel costs 23,236 (17,023) 4,222
Other working capital accounts (30,911) 6,462 (41,890)
Changes in provisions for estimated losses (8,324) 490 (8,946)
Increase (Decrease) in Other Regulatory Assets (492,696) (57,579) (130,762)
Increase (Decrease) in Regulatory Liabilities 605,453 62,351 96,234
Deferred tax rate change recognized as regulatory liability/asset (1,207,808) 0 0
Changes in pensions and other postretirement liabilities (32,309) (52,559) (98,695)
Other (161,909) (64,554) (182,485)
Net cash flow provided by operating activities 1,337,545 1,037,912 1,155,516
INVESTING ACTIVITIES      
Construction/capital expenditures (1,662,835) (1,030,416) (845,227)
Allowance for equity funds used during construction 51,485 27,925 19,192
Nuclear fuel purchases (197,829) (73,618) (244,040)
Proceeds from sale of nuclear fuel 42,634 63,304 54,595
Payment for purchase of plant or assets 0 (474,670) 0
Payments for (Proceeds from) Productive Assets (9,805) 0 0
Proceeds from sale of assets 0 0 59,610
Payments To Storm Reserve Escrow Account (2,110) (1,063) (308)
Receipts from storm reserve escrow account 8,835 0 0
Changes in securitization account 880 351 (137)
Litigation proceeds for reimbursement of spent nuclear fuel storage costs 0 57,934 0
Proceeds from nuclear decommissioning trust fund sales 231,293 219,182 123,474
Investment in nuclear decommissioning trust funds (266,592) (257,209) (158,028)
Change in money pool receivable - net 11,330 (16,349) (3,339)
Proceeds from insurance 5,305 10,564 0
Net cash flow used in investing activities (1,787,409) (1,474,065) (994,208)
Proceeds from the issuance of:      
Long-term debt 733,344 2,450,063 77,172
Retirement of long-term debt (407,736) (1,488,870) (180,595)
Payments for Repurchase of Preferred Stock and Preference Stock 0 0 (110,286)
Changes in credit borrowings and commercial paper - net 39,746 (56,562) 14,322
Dividends paid:      
Common stock (91,250) (285,500) (226,000)
Preferred stock 0 0 (6,082)
Other (2,183) (4,230) (15,253)
Net cash flow provided by (used in) financing activities 271,921 614,901 (446,722)
Net increase (decrease) in cash and cash equivalents (177,943) 178,748 (285,414)
Cash and cash equivalents at beginning of period 213,850 35,102 320,516
Cash and cash equivalents at end of period 35,907 213,850 35,102
Cash paid (received) during the period for:      
Interest - net of amount capitalized 266,871 324,456 243,745
Income taxes (234,199) 156,605 89,124
Noncash Capital Contribution from Parent 0 0 (267,826)
Entergy Mississippi [Member]      
OPERATING ACTIVITIES      
Consolidated net income (loss) 110,032 109,184 92,708
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 143,479 136,214 129,029
Deferred income taxes, investment tax credits, and non-current taxes accrued 84,816 60,986 18,673
Changes in working capital:      
Receivables (29,528) (28,819) 50,199
Fuel inventory 5,266 401 (8,537)
Accounts payable 3,595 33,733 (26,682)
Prepaid taxes and taxes accrued 18,803 20,579 (10,104)
Interest accrued 1,248 822 (2,341)
Deferred fuel costs (25,487) (114,711) 105,560
Other working capital accounts 5,115 (5,222) (663)
Changes in provisions for estimated losses (9,676) 6,378 (2,080)
Increase (Decrease) in Other Regulatory Assets 17,412 3,626 (39,582)
Increase (Decrease) in Regulatory Liabilities 405,395 (2,986) 9,172
Deferred tax rate change recognized as regulatory liability/asset (452,429) 0 0
Changes in pensions and other postretirement liabilities (8,055) (10,648) (14,939)
Other (8,577) 9,995 (7,298)
Net cash flow provided by operating activities 226,585 212,280 372,279
INVESTING ACTIVITIES      
Construction/capital expenditures (427,616) (310,356) (235,894)
Allowance for equity funds used during construction 9,667 5,801 3,095
Payments for (Proceeds from) Productive Assets (6,958) 0 0
Change in money pool receivable - net 8,962 15,335 (25,286)
Proceeds from insurance 0 0 12,932
Other (1,281) (224) 26
Net cash flow used in investing activities (417,226) (289,444) (245,127)
Proceeds from the issuance of:      
Long-term debt 148,185 623,812 0
Retirement of long-term debt 0 (562,400) 0
Payments for Repurchase of Preferred Stock and Preference Stock 0 (30,000) 0
Dividends paid:      
Common stock (26,000) (24,000) (40,000)
Preferred stock (953) (2,755) (2,828)
Other (1,329) 3,736 (352)
Net cash flow provided by (used in) financing activities 119,903 8,393 (43,180)
Net increase (decrease) in cash and cash equivalents (70,738) (68,771) 83,972
Cash and cash equivalents at beginning of period 76,834 145,605 61,633
Cash and cash equivalents at end of period 6,096 76,834 145,605
Cash paid (received) during the period for:      
Interest - net of amount capitalized 47,631 53,693 57,576
Income taxes (25,043) (12,487) 61,333
Entergy New Orleans [Member]      
OPERATING ACTIVITIES      
Consolidated net income (loss) 44,553 48,849 44,925
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 52,945 51,737 43,205
Deferred income taxes, investment tax credits, and non-current taxes accrued 64,036 140,283 22,180
Changes in working capital:      
Receivables (18,058) (3,888) 7,878
Fuel inventory (49) 71 1,104
Accounts payable 1,874 15,434 2,738
Prepaid taxes and taxes accrued (22,100) (1,685) (1,050)
Interest accrued 44 534 1,270
Deferred fuel costs 12,592 (33,839) (182)
Other working capital accounts (2,711) 4,165 (1,945)
Changes in provisions for estimated losses (3,430) 4,326 58,310
Increase (Decrease) in Other Regulatory Assets (16,673) 2,784 70,471
Increase (Decrease) in Regulatory Liabilities 110,147 (3,997) (7,359)
Deferred tax rate change recognized as regulatory liability/asset (111,170) 0 0
Changes in pensions and other postretirement liabilities (15,994) (6,859) (18,831)
Other (1,555) (7,136) 23,296
Net cash flow provided by operating activities 127,797 205,211 105,068
INVESTING ACTIVITIES      
Construction/capital expenditures (115,584) (90,512) (91,928)
Allowance for equity funds used during construction 2,418 1,178 1,404
Payment for purchase of plant or assets 0 (237,335) 0
Investment in affiliates 0 (38) 0
Payments To Storm Reserve Escrow Account (597) (438) (68,886)
Receipts from storm reserve escrow account 2,488 3 5,922
Changes in securitization account 283 2,882 (4,620)
Change in money pool receivable - net 1,492 1,579 (15,352)
Net cash flow used in investing activities (109,500) (322,681) (173,460)
Proceeds from the issuance of:      
Long-term debt 0 240,604 95,367
Retirement of long-term debt (10,600) (132,526) 0
Repayment of long-term payable due to Entergy Louisiana (2,104) (4,973) (59,610)
Proceeds from Contributions from Parent 20,000 47,750 87,500
Payments for Repurchase of Preferred Stock and Preference Stock (20,599) 0 0
Dividends paid:      
Common stock (74,250) (18,720) (7,250)
Preferred stock (1,083) (965) (965)
Other 12 492 (163)
Net cash flow provided by (used in) financing activities (88,624) 131,662 114,879
Net increase (decrease) in cash and cash equivalents (70,327) 14,192 46,487
Cash and cash equivalents at beginning of period 103,068 88,876 42,389
Cash and cash equivalents at end of period 32,741 103,068 88,876
Cash paid (received) during the period for:      
Interest - net of amount capitalized 20,180 19,317 14,951
Income taxes (8,660) (85,962) 8,110
Entergy Texas [Member]      
OPERATING ACTIVITIES      
Consolidated net income (loss) 76,173 107,538 69,625
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 117,520 107,026 102,410
Deferred income taxes, investment tax credits, and non-current taxes accrued 42,119 20,794 (23,292)
Changes in working capital:      
Receivables (15,934) (9,300) 21,443
Fuel inventory (25,054) 9,765 2,960
Accounts payable 32,842 (22,462) (16,913)
Prepaid taxes and taxes accrued 30,308 10,018 3,484
Interest accrued (421) (3,229) (551)
Deferred fuel costs 12,758 29,419 36,985
Other working capital accounts (7,852) (3,354) 2,468
Changes in provisions for estimated losses 2,531 (1,735) (2,899)
Increase (Decrease) in Other Regulatory Assets (184,574) (74,389) (125,133)
Increase (Decrease) in Regulatory Liabilities 410,968 2,106 1,271
Deferred tax rate change recognized as regulatory liability/asset (520,547) 0 0
Changes in pensions and other postretirement liabilities (49,445) (10,204) (33,474)
Other 10,856 (4,170) (4,382)
Net cash flow provided by operating activities 301,396 306,601 284,268
INVESTING ACTIVITIES      
Construction/capital expenditures (348,027) (337,963) (320,408)
Allowance for equity funds used during construction 6,874 7,743 5,751
Changes in securitization account (232) 710 (942)
Change in money pool receivable - net (44,222) (681) 306
Proceeds from insurance 2,431 0 0
Net cash flow used in investing activities (383,176) (330,191) (315,293)
Proceeds from the issuance of:      
Long-term debt 148,277 123,502 246,607
Retirement of long-term debt (71,683) (68,593) (265,734)
Proceeds from Contributions from Parent 115,000 0 0
Change in money pool payable - net 0 (22,068) 22,068
Dividends paid:      
Other (482) (5,252) (175)
Net cash flow provided by (used in) financing activities 191,112 27,589 2,766
Net increase (decrease) in cash and cash equivalents 109,332 3,999 (28,259)
Cash and cash equivalents at beginning of period 6,181 2,182 30,441
Cash and cash equivalents at end of period 115,513 6,181 2,182
Cash paid (received) during the period for:      
Interest - net of amount capitalized 84,556 88,489 83,290
Income taxes (21,107) 28,523 60,359
System Energy [Member]      
OPERATING ACTIVITIES      
Consolidated net income (loss) 78,596 96,744 111,318
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 240,962 224,879 270,514
Deferred income taxes, investment tax credits, and non-current taxes accrued 7,827 99,531 200,797
Changes in working capital:      
Receivables 9,210 (15,846) 5,879
Accounts payable 15,969 2,720 (352)
Prepaid taxes and taxes accrued 62,466 (6,555) (32,594)
Interest accrued (660) (134) (19,013)
Other working capital accounts 12,083 (15,470) 13,576
Increase (Decrease) in Other Regulatory Assets (60,012) 58,279 4,565
Increase (Decrease) in Regulatory Liabilities 331,251 33,438 (33,686)
Deferred tax rate change recognized as regulatory liability/asset (325,707) 0 0
Changes in pensions and other postretirement liabilities 4,024 5,586 (16,888)
Other (124,755) (24,675) 7,550
Net cash flow provided by operating activities 371,278 341,939 502,536
INVESTING ACTIVITIES      
Construction/capital expenditures (91,705) (88,037) (70,358)
Allowance for equity funds used during construction 6,345 7,944 8,494
Nuclear fuel purchases (49,728) (151,068) (64,977)
Proceeds from sale of nuclear fuel 69,516 11,467 57,681
Litigation proceeds for reimbursement of spent nuclear fuel storage costs 0 15,806 0
Proceeds from nuclear decommissioning trust fund sales 565,416 499,252 390,371
Investment in nuclear decommissioning trust funds (596,236) (534,083) (421,220)
Change in money pool receivable - net (77,858) 6,117 (37,553)
Net cash flow used in investing activities (174,250) (232,602) (137,562)
Proceeds from the issuance of:      
Long-term debt 150,100 0 0
Retirement of long-term debt (150,103) (22,002) (136,310)
Changes in credit borrowings and commercial paper - net (49,063) 66,893 (20,404)
Dividends paid:      
Common stock (106,610) (139,000) (200,750)
Other (28) (26) (28)
Net cash flow provided by (used in) financing activities (155,704) (94,135) (357,492)
Net increase (decrease) in cash and cash equivalents 41,324 15,202 7,482
Cash and cash equivalents at beginning of period 245,863 230,661 223,179
Cash and cash equivalents at end of period 287,187 245,863 230,661
Cash paid (received) during the period for:      
Interest - net of amount capitalized 26,251 36,152 47,864
Income taxes $ (2,227) $ (23,565) $ (114,092)
[1] (a) Consolidated net income and preferred dividend requirements of subsidiaries include $13.7 million for 2017, $19.1 million for 2016, and $14.9 million for 2015 of preferred dividends on subsidiaries’ preferred stock without sinking fund that is not presented as equity.