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Revolving Credit Facilities, Lines Of Credit And Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

Summary Of The Borrowings Outstanding And Capacity Available Under The Facility

Following is a summary of the borrowings outstanding and capacity available under the facility as of December 31, 2019.

Credit Facilities

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of December 31, 2019 as follows:



Company	Expiration Date	Amount of Facility	Interest Rate (a)	Amount Drawn as of December 31, 2019	Letters of Credit Outstanding as of December 31, 2019
Entergy Arkansas	April 2020	$20 million (b)	2.92%	—	—
Entergy Arkansas	September 2024	$150 million (c)	2.92%	—	—
Entergy Louisiana	September 2024	$350 million (c)	2.92%	—	—
Entergy Mississippi	May 2020	$10 million (d)	3.30%	—	—
Entergy Mississippi	May 2020	$35 million (d)	3.30%	—	—
Entergy Mississippi	May 2020	$37.5 million (d)	3.30%	—	—
Entergy New Orleans	November 2021	$25 million (c)	2.92%	$20 million	$0.8 million
Entergy Texas	September 2024	$150 million (c)	3.30%	—	$1.3 million


(a)	The interest rate is the estimated interest rate as of December 31, 2019 that would have been applied to outstanding borrowings under the facility.


(b)	Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.


(c)	The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas.


(d)	Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.

Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations

In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of December 31, 2019:



Company	Amount of Uncommitted Facility	Letter of Credit Fee	Letters of Credit Issued as of December 31, 2019 (a)
Entergy Arkansas	$25 million	0.70%	$1.0 million
Entergy Louisiana	$125 million	0.70%	$12.3 million
Entergy Mississippi	$64 million	0.70%	$1.8 million
Entergy New Orleans	$15 million	1.00%	$5.6 million
Entergy Texas	$50 million	0.70%	$12.1 million

(a)

As of December 31, 2019, letters of credit posted with MISO covered financial transmission right exposure of $0.2 million for Entergy Mississippi. See Note 15 to the financial statements for discussion of financial transmission rights.

Short-Term Borrowings And The Outstanding Short-Term Borrowings

The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of December 31, 2019 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:



	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$22
Entergy Louisiana	$450	$83
Entergy Mississippi	$175	—
Entergy New Orleans	$150	—
Entergy Texas	$200	—
System Energy	$200	—

Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel

To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of December 31, 2019:



Company	Expiration Date	Amount of Facility	Weighted Average Interest Rate on Borrowings (a)	Amount Outstanding as of December 31, 2019
	(Dollars in Millions)
Entergy Arkansas VIE	September 2021	$80	3.33%	$15.1
Entergy Louisiana River Bend VIE	September 2021	$105	3.23%	$70.3
Entergy Louisiana Waterford VIE	September 2021	$105	3.30%	$49.9
System Energy VIE	September 2021	$120	3.34%	$31.6

(a)

Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.

Notes Payable By Variable Interest Entities

The nuclear fuel company variable interest entities had notes payable that are included in debt on the respective balance sheets as of December 31, 2019 as follows:



Company	Description	Amount
Entergy Arkansas VIE	3.65% Series L due July 2021	$90 million
Entergy Arkansas VIE	3.17% Series M due December 2023	$40 million
Entergy Louisiana River Bend VIE	3.38% Series R due August 2020	$70 million
Entergy Louisiana Waterford VIE	3.92% Series H due February 2021	$40 million
Entergy Louisiana Waterford VIE	3.22% Series I due December 2023	$20 million
System Energy VIE	3.42% Series J due April 2021	$100 million

Entergy Arkansas [Member]

Credit Facilities

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of December 31, 2019 as follows:



Company	Expiration Date	Amount of Facility	Interest Rate (a)	Amount Drawn as of December 31, 2019	Letters of Credit Outstanding as of December 31, 2019
Entergy Arkansas	April 2020	$20 million (b)	2.92%	—	—
Entergy Arkansas	September 2024	$150 million (c)	2.92%	—	—
Entergy Louisiana	September 2024	$350 million (c)	2.92%	—	—
Entergy Mississippi	May 2020	$10 million (d)	3.30%	—	—
Entergy Mississippi	May 2020	$35 million (d)	3.30%	—	—
Entergy Mississippi	May 2020	$37.5 million (d)	3.30%	—	—
Entergy New Orleans	November 2021	$25 million (c)	2.92%	$20 million	$0.8 million
Entergy Texas	September 2024	$150 million (c)	3.30%	—	$1.3 million


(a)	The interest rate is the estimated interest rate as of December 31, 2019 that would have been applied to outstanding borrowings under the facility.


(b)	Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.


(c)	The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas.

(d)

Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.

Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations



Company	Amount of Uncommitted Facility	Letter of Credit Fee	Letters of Credit Issued as of December 31, 2019 (a)
Entergy Arkansas	$25 million	0.70%	$1.0 million
Entergy Louisiana	$125 million	0.70%	$12.3 million
Entergy Mississippi	$64 million	0.70%	$1.8 million
Entergy New Orleans	$15 million	1.00%	$5.6 million
Entergy Texas	$50 million	0.70%	$12.1 million

(a)

Short-Term Borrowings And The Outstanding Short-Term Borrowings



	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$22
Entergy Louisiana	$450	$83
Entergy Mississippi	$175	—
Entergy New Orleans	$150	—
Entergy Texas	$200	—
System Energy	$200	—

Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel



Company	Expiration Date	Amount of Facility	Weighted Average Interest Rate on Borrowings (a)	Amount Outstanding as of December 31, 2019
	(Dollars in Millions)
Entergy Arkansas VIE	September 2021	$80	3.33%	$15.1
Entergy Louisiana River Bend VIE	September 2021	$105	3.23%	$70.3
Entergy Louisiana Waterford VIE	September 2021	$105	3.30%	$49.9
System Energy VIE	September 2021	$120	3.34%	$31.6

(a)

Notes Payable By Variable Interest Entities

The nuclear fuel company variable interest entities had notes payable that are included in debt on the respective balance sheets as of December 31, 2019 as follows:



Company	Description	Amount
Entergy Arkansas VIE	3.65% Series L due July 2021	$90 million
Entergy Arkansas VIE	3.17% Series M due December 2023	$40 million
Entergy Louisiana River Bend VIE	3.38% Series R due August 2020	$70 million
Entergy Louisiana Waterford VIE	3.92% Series H due February 2021	$40 million
Entergy Louisiana Waterford VIE	3.22% Series I due December 2023	$20 million
System Energy VIE	3.42% Series J due April 2021	$100 million

Entergy Louisiana [Member]

Credit Facilities

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of December 31, 2019 as follows:



Company	Expiration Date	Amount of Facility	Interest Rate (a)	Amount Drawn as of December 31, 2019	Letters of Credit Outstanding as of December 31, 2019
Entergy Arkansas	April 2020	$20 million (b)	2.92%	—	—
Entergy Arkansas	September 2024	$150 million (c)	2.92%	—	—
Entergy Louisiana	September 2024	$350 million (c)	2.92%	—	—
Entergy Mississippi	May 2020	$10 million (d)	3.30%	—	—
Entergy Mississippi	May 2020	$35 million (d)	3.30%	—	—
Entergy Mississippi	May 2020	$37.5 million (d)	3.30%	—	—
Entergy New Orleans	November 2021	$25 million (c)	2.92%	$20 million	$0.8 million
Entergy Texas	September 2024	$150 million (c)	3.30%	—	$1.3 million


(a)	The interest rate is the estimated interest rate as of December 31, 2019 that would have been applied to outstanding borrowings under the facility.


(b)	Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.


(c)	The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas.


(d)	Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.

Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations



Company	Amount of Uncommitted Facility	Letter of Credit Fee	Letters of Credit Issued as of December 31, 2019 (a)
Entergy Arkansas	$25 million	0.70%	$1.0 million
Entergy Louisiana	$125 million	0.70%	$12.3 million
Entergy Mississippi	$64 million	0.70%	$1.8 million
Entergy New Orleans	$15 million	1.00%	$5.6 million
Entergy Texas	$50 million	0.70%	$12.1 million


(a)	As of December 31, 2019, letters of credit posted with MISO covered financial transmission right exposure of $0.2 million for Entergy Mississippi. See Note 15 to the financial statements for discussion of financial transmission rights.

Short-Term Borrowings And The Outstanding Short-Term Borrowings



	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$22
Entergy Louisiana	$450	$83
Entergy Mississippi	$175	—
Entergy New Orleans	$150	—
Entergy Texas	$200	—
System Energy	$200	—

Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel



Company	Expiration Date	Amount of Facility	Weighted Average Interest Rate on Borrowings (a)	Amount Outstanding as of December 31, 2019
	(Dollars in Millions)
Entergy Arkansas VIE	September 2021	$80	3.33%	$15.1
Entergy Louisiana River Bend VIE	September 2021	$105	3.23%	$70.3
Entergy Louisiana Waterford VIE	September 2021	$105	3.30%	$49.9
System Energy VIE	September 2021	$120	3.34%	$31.6

(a)

Notes Payable By Variable Interest Entities

The nuclear fuel company variable interest entities had notes payable that are included in debt on the respective balance sheets as of December 31, 2019 as follows:



Company	Description	Amount
Entergy Arkansas VIE	3.65% Series L due July 2021	$90 million
Entergy Arkansas VIE	3.17% Series M due December 2023	$40 million
Entergy Louisiana River Bend VIE	3.38% Series R due August 2020	$70 million
Entergy Louisiana Waterford VIE	3.92% Series H due February 2021	$40 million
Entergy Louisiana Waterford VIE	3.22% Series I due December 2023	$20 million
System Energy VIE	3.42% Series J due April 2021	$100 million

Entergy Mississippi [Member]

Credit Facilities

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of December 31, 2019 as follows:



Company	Expiration Date	Amount of Facility	Interest Rate (a)	Amount Drawn as of December 31, 2019	Letters of Credit Outstanding as of December 31, 2019
Entergy Arkansas	April 2020	$20 million (b)	2.92%	—	—
Entergy Arkansas	September 2024	$150 million (c)	2.92%	—	—
Entergy Louisiana	September 2024	$350 million (c)	2.92%	—	—
Entergy Mississippi	May 2020	$10 million (d)	3.30%	—	—
Entergy Mississippi	May 2020	$35 million (d)	3.30%	—	—
Entergy Mississippi	May 2020	$37.5 million (d)	3.30%	—	—
Entergy New Orleans	November 2021	$25 million (c)	2.92%	$20 million	$0.8 million
Entergy Texas	September 2024	$150 million (c)	3.30%	—	$1.3 million


(a)	The interest rate is the estimated interest rate as of December 31, 2019 that would have been applied to outstanding borrowings under the facility.


(b)	Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.


(c)	The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas.

(d)

Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.

Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations



Company	Amount of Uncommitted Facility	Letter of Credit Fee	Letters of Credit Issued as of December 31, 2019 (a)
Entergy Arkansas	$25 million	0.70%	$1.0 million
Entergy Louisiana	$125 million	0.70%	$12.3 million
Entergy Mississippi	$64 million	0.70%	$1.8 million
Entergy New Orleans	$15 million	1.00%	$5.6 million
Entergy Texas	$50 million	0.70%	$12.1 million

(a)

Short-Term Borrowings And The Outstanding Short-Term Borrowings



	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$22
Entergy Louisiana	$450	$83
Entergy Mississippi	$175	—
Entergy New Orleans	$150	—
Entergy Texas	$200	—
System Energy	$200	—

Entergy New Orleans [Member]

Credit Facilities

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of December 31, 2019 as follows:



Company	Expiration Date	Amount of Facility	Interest Rate (a)	Amount Drawn as of December 31, 2019	Letters of Credit Outstanding as of December 31, 2019
Entergy Arkansas	April 2020	$20 million (b)	2.92%	—	—
Entergy Arkansas	September 2024	$150 million (c)	2.92%	—	—
Entergy Louisiana	September 2024	$350 million (c)	2.92%	—	—
Entergy Mississippi	May 2020	$10 million (d)	3.30%	—	—
Entergy Mississippi	May 2020	$35 million (d)	3.30%	—	—
Entergy Mississippi	May 2020	$37.5 million (d)	3.30%	—	—
Entergy New Orleans	November 2021	$25 million (c)	2.92%	$20 million	$0.8 million
Entergy Texas	September 2024	$150 million (c)	3.30%	—	$1.3 million


(a)	The interest rate is the estimated interest rate as of December 31, 2019 that would have been applied to outstanding borrowings under the facility.


(b)	Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.


(c)	The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas.

(d)

Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.

Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations



Company	Amount of Uncommitted Facility	Letter of Credit Fee	Letters of Credit Issued as of December 31, 2019 (a)
Entergy Arkansas	$25 million	0.70%	$1.0 million
Entergy Louisiana	$125 million	0.70%	$12.3 million
Entergy Mississippi	$64 million	0.70%	$1.8 million
Entergy New Orleans	$15 million	1.00%	$5.6 million
Entergy Texas	$50 million	0.70%	$12.1 million

(a)

Short-Term Borrowings And The Outstanding Short-Term Borrowings



	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$22
Entergy Louisiana	$450	$83
Entergy Mississippi	$175	—
Entergy New Orleans	$150	—
Entergy Texas	$200	—
System Energy	$200	—

Entergy Texas [Member]

Credit Facilities

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of December 31, 2019 as follows:



Company	Expiration Date	Amount of Facility	Interest Rate (a)	Amount Drawn as of December 31, 2019	Letters of Credit Outstanding as of December 31, 2019
Entergy Arkansas	April 2020	$20 million (b)	2.92%	—	—
Entergy Arkansas	September 2024	$150 million (c)	2.92%	—	—
Entergy Louisiana	September 2024	$350 million (c)	2.92%	—	—
Entergy Mississippi	May 2020	$10 million (d)	3.30%	—	—
Entergy Mississippi	May 2020	$35 million (d)	3.30%	—	—
Entergy Mississippi	May 2020	$37.5 million (d)	3.30%	—	—
Entergy New Orleans	November 2021	$25 million (c)	2.92%	$20 million	$0.8 million
Entergy Texas	September 2024	$150 million (c)	3.30%	—	$1.3 million


(a)	The interest rate is the estimated interest rate as of December 31, 2019 that would have been applied to outstanding borrowings under the facility.


(b)	Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.


(c)	The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas.

(d)

Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.

Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations



Company	Amount of Uncommitted Facility	Letter of Credit Fee	Letters of Credit Issued as of December 31, 2019 (a)
Entergy Arkansas	$25 million	0.70%	$1.0 million
Entergy Louisiana	$125 million	0.70%	$12.3 million
Entergy Mississippi	$64 million	0.70%	$1.8 million
Entergy New Orleans	$15 million	1.00%	$5.6 million
Entergy Texas	$50 million	0.70%	$12.1 million

(a)

Short-Term Borrowings And The Outstanding Short-Term Borrowings



	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$22
Entergy Louisiana	$450	$83
Entergy Mississippi	$175	—
Entergy New Orleans	$150	—
Entergy Texas	$200	—
System Energy	$200	—

System Energy [Member]

Short-Term Borrowings And The Outstanding Short-Term Borrowings



	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$22
Entergy Louisiana	$450	$83
Entergy Mississippi	$175	—
Entergy New Orleans	$150	—
Entergy Texas	$200	—
System Energy	$200	—

Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel



Company	Expiration Date	Amount of Facility	Weighted Average Interest Rate on Borrowings (a)	Amount Outstanding as of December 31, 2019
	(Dollars in Millions)
Entergy Arkansas VIE	September 2021	$80	3.33%	$15.1
Entergy Louisiana River Bend VIE	September 2021	$105	3.23%	$70.3
Entergy Louisiana Waterford VIE	September 2021	$105	3.30%	$49.9
System Energy VIE	September 2021	$120	3.34%	$31.6

(a)

Notes Payable By Variable Interest Entities

The nuclear fuel company variable interest entities had notes payable that are included in debt on the respective balance sheets as of December 31, 2019 as follows:



Company	Description	Amount
Entergy Arkansas VIE	3.65% Series L due July 2021	$90 million
Entergy Arkansas VIE	3.17% Series M due December 2023	$40 million
Entergy Louisiana River Bend VIE	3.38% Series R due August 2020	$70 million
Entergy Louisiana Waterford VIE	3.92% Series H due February 2021	$40 million
Entergy Louisiana Waterford VIE	3.22% Series I due December 2023	$20 million
System Energy VIE	3.42% Series J due April 2021	$100 million

Borrowings

Letters of Credit

Capacity Available

(In Millions)