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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Lease, Cost [Table Text Block]
Entergy incurred the following total lease costs for the year ended December 31, 2019:
 
 
(In Thousands)
Operating lease cost
 

$63,566

Finance lease cost:
 
 
Amortization of right-of-use assets
 

$16,048

Interest on lease liabilities
 

$3,667


Components Of Minimum Lease Payments
As of December 31, 2018, Entergy had capital leases and non-cancelable operating leases for equipment, buildings, vehicles, and fuel storage facilities with minimum lease payments as follows (excluding power purchase agreement operating leases, nuclear fuel leases, and the Grand Gulf sale and leaseback transaction, all of which are discussed elsewhere):
 
Year
 
Operating
Leases
 
Capital
Leases
 
 
(In Thousands)
2019
 

$94,043

 

$2,887

2020
 
82,191

 
2,887

2021
 
75,147

 
2,887

2022
 
60,808

 
2,887

2023
 
47,391

 
2,887

Years thereafter
 
88,004

 
16,117

Minimum lease payments
 
447,584

 
30,552

Less:  Amount representing interest
 

 
8,555

Present value of net minimum lease payments
 

$447,584

 

$21,997


Purchase Power Agreement Minimum Lease Payments The minimum lease payments under the power purchase agreement are as follows:
Year
 
Entergy Texas (a)
 
Entergy
 
 
(In Thousands)
2019
 

$31,159

 

$31,159

2020
 
31,876

 
31,876

2021
 
32,609

 
32,609

2022
 
10,180

 
10,180

Minimum lease payments
 

$105,824

 

$105,824


(a)
Amounts reflect 100% of minimum payments. Under a separate contract, which expires May 31, 2022, Entergy Louisiana purchases 50% of the capacity and energy from the power purchase agreement from Entergy Texas.
Lease, Liabilities [Table Text Block]
The following lease-related liabilities are recorded within the respective Other lines on Entergy’s consolidated balance sheet as of December 31, 2019:
 
 
(In Thousands)
Current liabilities:
 
 
Operating leases
 

$52,678

Finance leases
 

$11,413

Non-current liabilities:
 
 
Operating leases
 

$181,339

Finance leases
 

$53,396



Lease, Terms and Discount Rate [Table Text Block]
The following information contains the weighted average remaining lease term in years and the weighted average discount rate for the operating and finance leases of Entergy at December 31, 2019:
Weighted average remaining lease terms:
 
 
Operating leases
 
5.14

Finance leases
 
6.69

Weighted average discount rate:
 
 
Operating leases
 
3.86
%
Finance leases
 
4.60
%

Lease, Maturity [Table Text Block]
Maturity of the lease liabilities for Entergy as of December 31, 2019 are as follows:
Year
 
Operating Leases
 
Finance Leases
 
 
(In Thousands)
 
 
 
 
 
2020
 

$62,124

 

$14,014

2021
 
56,386

 
12,457

2022
 
47,919

 
11,253

2023
 
37,228

 
10,121

2024
 
30,376

 
8,454

Years thereafter
 
29,138

 
20,010

Minimum lease payments
 
263,171

 
76,309

Less: amount representing interest
 
29,153

 
11,500

Present value of net minimum lease payments
 

$234,018

 

$64,809


Entergy Arkansas [Member]  
Lease, Assets [Table Text Block]
Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at December 31, 2019 are the following amounts:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
(In Thousands)
Operating leases

$52,317

 

$36,034

 

$16,900

 

$3,878

 

$14,020

Finance leases

$11,216

 

$17,209

 

$6,869

 

$3,291

 

$5,273


Lease, Cost [Table Text Block]
The Registrant Subsidiaries incurred the following lease costs for the year ended December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy
New Orleans
 
Entergy Texas
 
(In Thousands)
Operating lease cost

$13,213

 

$11,975

 

$6,927

 

$1,406

 

$4,259

Finance lease cost:
 
 
 
 
 
 
 
 
 
Amortization of right-of-use assets

$3,643

 

$5,940

 

$2,097

 

$1,042

 

$1,568

Interest on lease liabilities

$594

 

$895

 

$353

 

$168

 

$241


Components Of Minimum Lease Payments

As of December 31, 2018, the Registrant Subsidiaries had non-cancelable operating leases for equipment, buildings, vehicles, and fuel storage facilities with minimum lease payments as follows (excluding power purchase agreement operating leases, nuclear fuel leases, and the Grand Gulf lease obligation, all of which are discussed elsewhere):

Operating Leases
 
 
Year
 
 
Entergy
Arkansas
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
Entergy
New Orleans
 
 
Entergy
Texas
 
 
(In Thousands)
2019
 

$20,421

 

$25,970

 

$9,344

 

$2,493

 

$5,744

2020
 
13,918

 
21,681

 
8,763

 
2,349

 
4,431

2021
 
11,931

 
19,514

 
7,186

 
1,901

 
3,625

2022
 
9,458

 
15,756

 
5,675

 
1,314

 
2,218

2023
 
7,782

 
12,092

 
2,946

 
1,043

 
1,561

Years thereafter
 
23,297

 
22,003

 
4,417

 
2,323

 
2,726

Minimum lease payments
 

$86,807

 

$117,016

 

$38,331

 

$11,423

 

$20,305


Rental Expenses
 
 
Year
 
 
Entergy
Arkansas
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
Entergy
New Orleans
 
 
Entergy
Texas
 
 
System
Energy
 
 
(In Millions)
2018
 

$6.2

 

$20.2

 

$4.6

 

$2.5

 

$3.1

 

$1.9

2017
 

$7.5

 

$23.0

 

$5.6

 

$2.5

 

$3.4

 

$2.2

2016
 

$8.0

 

$17.8

 

$4.0

 

$0.9

 

$2.8

 

$1.6


Lease, Liabilities [Table Text Block]
The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
(In Thousands)
Current liabilities:
 
 
 
 
 
 
 
 
 
Operating leases

$11,443

 

$10,331

 

$5,633

 

$1,134

 

$3,698

Finance leases

$2,442

 

$3,919

 

$1,487

 

$647

 

$1,222

Non-current liabilities:
 
 
 
 
 
 
 
 
Operating leases

$40,880

 

$25,743

 

$11,232

 

$2,746

 

$10,364

Finance leases

$8,768

 

$13,376

 

$5,382

 

$2,644

 

$4,009


Lease, Terms and Discount Rate [Table Text Block]
The following information contains the weighted average remaining lease term in years and the weighted average discount rate for the operating and finance leases of the Registrant Subsidiaries at December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
Weighted average remaining lease terms:
 
 
 
 
 
 
 
 
 
Operating leases
5.84

 
4.33

 
5.04

 
5.62

 
4.54

Finance leases
5.43

 
5.24

 
5.32

 
5.93

 
5.12

Weighted average discount rate:
 
 
 
 
 
 
 
 
 
Operating leases
3.67
%
 
3.65
%
 
3.75
%
 
3.88
%
 
3.73
%
Finance leases
3.68
%
 
3.65
%
 
3.67
%
 
3.74
%
 
3.82
%


Lease, Maturity [Table Text Block]
Maturity of the lease liabilities for the Registrant Subsidiaries as of December 31, 2019 are as follows:

Operating Leases
Year
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
(In Thousands)
 
 
 
 
 
 
 
 
 
 
 
2020
 

$13,010

 

$11,376

 

$6,112

 

$1,248

 

$4,339

2021
 
11,165

 
9,645

 
4,983

 
991

 
3,611

2022
 
8,788

 
6,935

 
3,566

 
711

 
2,689

2023
 
7,193

 
4,916

 
1,454

 
549

 
2,336

2024
 
5,866

 
3,089

 
731

 
310

 
1,684

Years thereafter
 
12,021

 
2,972

 
1,972

 
522

 
1,119

Minimum lease payments
 
58,043

 
38,933

 
18,818

 
4,331

 
15,778

Less: amount representing interest
 
5,720

 
2,860

 
1,953

 
452

 
1,716

Present value of net minimum lease payments
 

$52,323

 

$36,073

 

$16,865

 

$3,879

 

$14,062


Finance Leases
Year
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
(In Thousands)
 
 
 
 
 
 
 
 
 
 
 
2020
 

$2,772

 

$4,422

 

$1,692

 

$744

 

$1,382

2021
 
2,369

 
3,766

 
1,527

 
634

 
1,188

2022
 
2,079

 
3,325

 
1,334

 
581

 
981

2023
 
1,833

 
2,856

 
1,111

 
532

 
839

2024
 
1,489

 
2,092

 
838

 
449

 
648

Years thereafter
 
1,787

 
2,476

 
1,038

 
713

 
706

Minimum lease payments
 
12,329

 
18,937

 
7,540

 
3,653

 
5,744

Less: amount representing interest
 
1,119

 
1,641

 
670

 
362

 
512

Present value of net minimum lease payments
 

$11,210

 

$17,296

 

$6,870

 

$3,291

 

$5,232


Entergy Louisiana [Member]  
Lease, Assets [Table Text Block]
Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at December 31, 2019 are the following amounts:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
(In Thousands)
Operating leases

$52,317

 

$36,034

 

$16,900

 

$3,878

 

$14,020

Finance leases

$11,216

 

$17,209

 

$6,869

 

$3,291

 

$5,273


Lease, Cost [Table Text Block]
The Registrant Subsidiaries incurred the following lease costs for the year ended December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy
New Orleans
 
Entergy Texas
 
(In Thousands)
Operating lease cost

$13,213

 

$11,975

 

$6,927

 

$1,406

 

$4,259

Finance lease cost:
 
 
 
 
 
 
 
 
 
Amortization of right-of-use assets

$3,643

 

$5,940

 

$2,097

 

$1,042

 

$1,568

Interest on lease liabilities

$594

 

$895

 

$353

 

$168

 

$241


Components Of Minimum Lease Payments

As of December 31, 2018, the Registrant Subsidiaries had non-cancelable operating leases for equipment, buildings, vehicles, and fuel storage facilities with minimum lease payments as follows (excluding power purchase agreement operating leases, nuclear fuel leases, and the Grand Gulf lease obligation, all of which are discussed elsewhere):

Operating Leases
 
 
Year
 
 
Entergy
Arkansas
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
Entergy
New Orleans
 
 
Entergy
Texas
 
 
(In Thousands)
2019
 

$20,421

 

$25,970

 

$9,344

 

$2,493

 

$5,744

2020
 
13,918

 
21,681

 
8,763

 
2,349

 
4,431

2021
 
11,931

 
19,514

 
7,186

 
1,901

 
3,625

2022
 
9,458

 
15,756

 
5,675

 
1,314

 
2,218

2023
 
7,782

 
12,092

 
2,946

 
1,043

 
1,561

Years thereafter
 
23,297

 
22,003

 
4,417

 
2,323

 
2,726

Minimum lease payments
 

$86,807

 

$117,016

 

$38,331

 

$11,423

 

$20,305


Rental Expenses
 
 
Year
 
 
Entergy
Arkansas
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
Entergy
New Orleans
 
 
Entergy
Texas
 
 
System
Energy
 
 
(In Millions)
2018
 

$6.2

 

$20.2

 

$4.6

 

$2.5

 

$3.1

 

$1.9

2017
 

$7.5

 

$23.0

 

$5.6

 

$2.5

 

$3.4

 

$2.2

2016
 

$8.0

 

$17.8

 

$4.0

 

$0.9

 

$2.8

 

$1.6


Lease, Liabilities [Table Text Block]
The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
(In Thousands)
Current liabilities:
 
 
 
 
 
 
 
 
 
Operating leases

$11,443

 

$10,331

 

$5,633

 

$1,134

 

$3,698

Finance leases

$2,442

 

$3,919

 

$1,487

 

$647

 

$1,222

Non-current liabilities:
 
 
 
 
 
 
 
 
Operating leases

$40,880

 

$25,743

 

$11,232

 

$2,746

 

$10,364

Finance leases

$8,768

 

$13,376

 

$5,382

 

$2,644

 

$4,009


Lease, Terms and Discount Rate [Table Text Block]
The following information contains the weighted average remaining lease term in years and the weighted average discount rate for the operating and finance leases of the Registrant Subsidiaries at December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
Weighted average remaining lease terms:
 
 
 
 
 
 
 
 
 
Operating leases
5.84

 
4.33

 
5.04

 
5.62

 
4.54

Finance leases
5.43

 
5.24

 
5.32

 
5.93

 
5.12

Weighted average discount rate:
 
 
 
 
 
 
 
 
 
Operating leases
3.67
%
 
3.65
%
 
3.75
%
 
3.88
%
 
3.73
%
Finance leases
3.68
%
 
3.65
%
 
3.67
%
 
3.74
%
 
3.82
%


Lease, Maturity [Table Text Block]
Maturity of the lease liabilities for the Registrant Subsidiaries as of December 31, 2019 are as follows:

Operating Leases
Year
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
(In Thousands)
 
 
 
 
 
 
 
 
 
 
 
2020
 

$13,010

 

$11,376

 

$6,112

 

$1,248

 

$4,339

2021
 
11,165

 
9,645

 
4,983

 
991

 
3,611

2022
 
8,788

 
6,935

 
3,566

 
711

 
2,689

2023
 
7,193

 
4,916

 
1,454

 
549

 
2,336

2024
 
5,866

 
3,089

 
731

 
310

 
1,684

Years thereafter
 
12,021

 
2,972

 
1,972

 
522

 
1,119

Minimum lease payments
 
58,043

 
38,933

 
18,818

 
4,331

 
15,778

Less: amount representing interest
 
5,720

 
2,860

 
1,953

 
452

 
1,716

Present value of net minimum lease payments
 

$52,323

 

$36,073

 

$16,865

 

$3,879

 

$14,062


Finance Leases
Year
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
(In Thousands)
 
 
 
 
 
 
 
 
 
 
 
2020
 

$2,772

 

$4,422

 

$1,692

 

$744

 

$1,382

2021
 
2,369

 
3,766

 
1,527

 
634

 
1,188

2022
 
2,079

 
3,325

 
1,334

 
581

 
981

2023
 
1,833

 
2,856

 
1,111

 
532

 
839

2024
 
1,489

 
2,092

 
838

 
449

 
648

Years thereafter
 
1,787

 
2,476

 
1,038

 
713

 
706

Minimum lease payments
 
12,329

 
18,937

 
7,540

 
3,653

 
5,744

Less: amount representing interest
 
1,119

 
1,641

 
670

 
362

 
512

Present value of net minimum lease payments
 

$11,210

 

$17,296

 

$6,870

 

$3,291

 

$5,232


Entergy Mississippi [Member]  
Lease, Assets [Table Text Block]
Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at December 31, 2019 are the following amounts:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
(In Thousands)
Operating leases

$52,317

 

$36,034

 

$16,900

 

$3,878

 

$14,020

Finance leases

$11,216

 

$17,209

 

$6,869

 

$3,291

 

$5,273


Lease, Cost [Table Text Block]
The Registrant Subsidiaries incurred the following lease costs for the year ended December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy
New Orleans
 
Entergy Texas
 
(In Thousands)
Operating lease cost

$13,213

 

$11,975

 

$6,927

 

$1,406

 

$4,259

Finance lease cost:
 
 
 
 
 
 
 
 
 
Amortization of right-of-use assets

$3,643

 

$5,940

 

$2,097

 

$1,042

 

$1,568

Interest on lease liabilities

$594

 

$895

 

$353

 

$168

 

$241


Components Of Minimum Lease Payments

As of December 31, 2018, the Registrant Subsidiaries had non-cancelable operating leases for equipment, buildings, vehicles, and fuel storage facilities with minimum lease payments as follows (excluding power purchase agreement operating leases, nuclear fuel leases, and the Grand Gulf lease obligation, all of which are discussed elsewhere):

Operating Leases
 
 
Year
 
 
Entergy
Arkansas
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
Entergy
New Orleans
 
 
Entergy
Texas
 
 
(In Thousands)
2019
 

$20,421

 

$25,970

 

$9,344

 

$2,493

 

$5,744

2020
 
13,918

 
21,681

 
8,763

 
2,349

 
4,431

2021
 
11,931

 
19,514

 
7,186

 
1,901

 
3,625

2022
 
9,458

 
15,756

 
5,675

 
1,314

 
2,218

2023
 
7,782

 
12,092

 
2,946

 
1,043

 
1,561

Years thereafter
 
23,297

 
22,003

 
4,417

 
2,323

 
2,726

Minimum lease payments
 

$86,807

 

$117,016

 

$38,331

 

$11,423

 

$20,305


Rental Expenses
 
 
Year
 
 
Entergy
Arkansas
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
Entergy
New Orleans
 
 
Entergy
Texas
 
 
System
Energy
 
 
(In Millions)
2018
 

$6.2

 

$20.2

 

$4.6

 

$2.5

 

$3.1

 

$1.9

2017
 

$7.5

 

$23.0

 

$5.6

 

$2.5

 

$3.4

 

$2.2

2016
 

$8.0

 

$17.8

 

$4.0

 

$0.9

 

$2.8

 

$1.6


Lease, Liabilities [Table Text Block]
The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
(In Thousands)
Current liabilities:
 
 
 
 
 
 
 
 
 
Operating leases

$11,443

 

$10,331

 

$5,633

 

$1,134

 

$3,698

Finance leases

$2,442

 

$3,919

 

$1,487

 

$647

 

$1,222

Non-current liabilities:
 
 
 
 
 
 
 
 
Operating leases

$40,880

 

$25,743

 

$11,232

 

$2,746

 

$10,364

Finance leases

$8,768

 

$13,376

 

$5,382

 

$2,644

 

$4,009


Lease, Terms and Discount Rate [Table Text Block]
The following information contains the weighted average remaining lease term in years and the weighted average discount rate for the operating and finance leases of the Registrant Subsidiaries at December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
Weighted average remaining lease terms:
 
 
 
 
 
 
 
 
 
Operating leases
5.84

 
4.33

 
5.04

 
5.62

 
4.54

Finance leases
5.43

 
5.24

 
5.32

 
5.93

 
5.12

Weighted average discount rate:
 
 
 
 
 
 
 
 
 
Operating leases
3.67
%
 
3.65
%
 
3.75
%
 
3.88
%
 
3.73
%
Finance leases
3.68
%
 
3.65
%
 
3.67
%
 
3.74
%
 
3.82
%


Lease, Maturity [Table Text Block]
Maturity of the lease liabilities for the Registrant Subsidiaries as of December 31, 2019 are as follows:

Operating Leases
Year
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
(In Thousands)
 
 
 
 
 
 
 
 
 
 
 
2020
 

$13,010

 

$11,376

 

$6,112

 

$1,248

 

$4,339

2021
 
11,165

 
9,645

 
4,983

 
991

 
3,611

2022
 
8,788

 
6,935

 
3,566

 
711

 
2,689

2023
 
7,193

 
4,916

 
1,454

 
549

 
2,336

2024
 
5,866

 
3,089

 
731

 
310

 
1,684

Years thereafter
 
12,021

 
2,972

 
1,972

 
522

 
1,119

Minimum lease payments
 
58,043

 
38,933

 
18,818

 
4,331

 
15,778

Less: amount representing interest
 
5,720

 
2,860

 
1,953

 
452

 
1,716

Present value of net minimum lease payments
 

$52,323

 

$36,073

 

$16,865

 

$3,879

 

$14,062


Finance Leases
Year
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
(In Thousands)
 
 
 
 
 
 
 
 
 
 
 
2020
 

$2,772

 

$4,422

 

$1,692

 

$744

 

$1,382

2021
 
2,369

 
3,766

 
1,527

 
634

 
1,188

2022
 
2,079

 
3,325

 
1,334

 
581

 
981

2023
 
1,833

 
2,856

 
1,111

 
532

 
839

2024
 
1,489

 
2,092

 
838

 
449

 
648

Years thereafter
 
1,787

 
2,476

 
1,038

 
713

 
706

Minimum lease payments
 
12,329

 
18,937

 
7,540

 
3,653

 
5,744

Less: amount representing interest
 
1,119

 
1,641

 
670

 
362

 
512

Present value of net minimum lease payments
 

$11,210

 

$17,296

 

$6,870

 

$3,291

 

$5,232


Entergy New Orleans [Member]  
Lease, Assets [Table Text Block]
Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at December 31, 2019 are the following amounts:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
(In Thousands)
Operating leases

$52,317

 

$36,034

 

$16,900

 

$3,878

 

$14,020

Finance leases

$11,216

 

$17,209

 

$6,869

 

$3,291

 

$5,273


Lease, Cost [Table Text Block]
The Registrant Subsidiaries incurred the following lease costs for the year ended December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy
New Orleans
 
Entergy Texas
 
(In Thousands)
Operating lease cost

$13,213

 

$11,975

 

$6,927

 

$1,406

 

$4,259

Finance lease cost:
 
 
 
 
 
 
 
 
 
Amortization of right-of-use assets

$3,643

 

$5,940

 

$2,097

 

$1,042

 

$1,568

Interest on lease liabilities

$594

 

$895

 

$353

 

$168

 

$241


Components Of Minimum Lease Payments

As of December 31, 2018, the Registrant Subsidiaries had non-cancelable operating leases for equipment, buildings, vehicles, and fuel storage facilities with minimum lease payments as follows (excluding power purchase agreement operating leases, nuclear fuel leases, and the Grand Gulf lease obligation, all of which are discussed elsewhere):

Operating Leases
 
 
Year
 
 
Entergy
Arkansas
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
Entergy
New Orleans
 
 
Entergy
Texas
 
 
(In Thousands)
2019
 

$20,421

 

$25,970

 

$9,344

 

$2,493

 

$5,744

2020
 
13,918

 
21,681

 
8,763

 
2,349

 
4,431

2021
 
11,931

 
19,514

 
7,186

 
1,901

 
3,625

2022
 
9,458

 
15,756

 
5,675

 
1,314

 
2,218

2023
 
7,782

 
12,092

 
2,946

 
1,043

 
1,561

Years thereafter
 
23,297

 
22,003

 
4,417

 
2,323

 
2,726

Minimum lease payments
 

$86,807

 

$117,016

 

$38,331

 

$11,423

 

$20,305


Rental Expenses
 
 
Year
 
 
Entergy
Arkansas
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
Entergy
New Orleans
 
 
Entergy
Texas
 
 
System
Energy
 
 
(In Millions)
2018
 

$6.2

 

$20.2

 

$4.6

 

$2.5

 

$3.1

 

$1.9

2017
 

$7.5

 

$23.0

 

$5.6

 

$2.5

 

$3.4

 

$2.2

2016
 

$8.0

 

$17.8

 

$4.0

 

$0.9

 

$2.8

 

$1.6


Lease, Liabilities [Table Text Block]
The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
(In Thousands)
Current liabilities:
 
 
 
 
 
 
 
 
 
Operating leases

$11,443

 

$10,331

 

$5,633

 

$1,134

 

$3,698

Finance leases

$2,442

 

$3,919

 

$1,487

 

$647

 

$1,222

Non-current liabilities:
 
 
 
 
 
 
 
 
Operating leases

$40,880

 

$25,743

 

$11,232

 

$2,746

 

$10,364

Finance leases

$8,768

 

$13,376

 

$5,382

 

$2,644

 

$4,009


Lease, Terms and Discount Rate [Table Text Block]
The following information contains the weighted average remaining lease term in years and the weighted average discount rate for the operating and finance leases of the Registrant Subsidiaries at December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
Weighted average remaining lease terms:
 
 
 
 
 
 
 
 
 
Operating leases
5.84

 
4.33

 
5.04

 
5.62

 
4.54

Finance leases
5.43

 
5.24

 
5.32

 
5.93

 
5.12

Weighted average discount rate:
 
 
 
 
 
 
 
 
 
Operating leases
3.67
%
 
3.65
%
 
3.75
%
 
3.88
%
 
3.73
%
Finance leases
3.68
%
 
3.65
%
 
3.67
%
 
3.74
%
 
3.82
%


Lease, Maturity [Table Text Block]
Maturity of the lease liabilities for the Registrant Subsidiaries as of December 31, 2019 are as follows:

Operating Leases
Year
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
(In Thousands)
 
 
 
 
 
 
 
 
 
 
 
2020
 

$13,010

 

$11,376

 

$6,112

 

$1,248

 

$4,339

2021
 
11,165

 
9,645

 
4,983

 
991

 
3,611

2022
 
8,788

 
6,935

 
3,566

 
711

 
2,689

2023
 
7,193

 
4,916

 
1,454

 
549

 
2,336

2024
 
5,866

 
3,089

 
731

 
310

 
1,684

Years thereafter
 
12,021

 
2,972

 
1,972

 
522

 
1,119

Minimum lease payments
 
58,043

 
38,933

 
18,818

 
4,331

 
15,778

Less: amount representing interest
 
5,720

 
2,860

 
1,953

 
452

 
1,716

Present value of net minimum lease payments
 

$52,323

 

$36,073

 

$16,865

 

$3,879

 

$14,062


Finance Leases
Year
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
(In Thousands)
 
 
 
 
 
 
 
 
 
 
 
2020
 

$2,772

 

$4,422

 

$1,692

 

$744

 

$1,382

2021
 
2,369

 
3,766

 
1,527

 
634

 
1,188

2022
 
2,079

 
3,325

 
1,334

 
581

 
981

2023
 
1,833

 
2,856

 
1,111

 
532

 
839

2024
 
1,489

 
2,092

 
838

 
449

 
648

Years thereafter
 
1,787

 
2,476

 
1,038

 
713

 
706

Minimum lease payments
 
12,329

 
18,937

 
7,540

 
3,653

 
5,744

Less: amount representing interest
 
1,119

 
1,641

 
670

 
362

 
512

Present value of net minimum lease payments
 

$11,210

 

$17,296

 

$6,870

 

$3,291

 

$5,232


Entergy Texas [Member]  
Lease, Assets [Table Text Block]
Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at December 31, 2019 are the following amounts:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
(In Thousands)
Operating leases

$52,317

 

$36,034

 

$16,900

 

$3,878

 

$14,020

Finance leases

$11,216

 

$17,209

 

$6,869

 

$3,291

 

$5,273


Lease, Cost [Table Text Block]
The Registrant Subsidiaries incurred the following lease costs for the year ended December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy
New Orleans
 
Entergy Texas
 
(In Thousands)
Operating lease cost

$13,213

 

$11,975

 

$6,927

 

$1,406

 

$4,259

Finance lease cost:
 
 
 
 
 
 
 
 
 
Amortization of right-of-use assets

$3,643

 

$5,940

 

$2,097

 

$1,042

 

$1,568

Interest on lease liabilities

$594

 

$895

 

$353

 

$168

 

$241


Components Of Minimum Lease Payments

As of December 31, 2018, the Registrant Subsidiaries had non-cancelable operating leases for equipment, buildings, vehicles, and fuel storage facilities with minimum lease payments as follows (excluding power purchase agreement operating leases, nuclear fuel leases, and the Grand Gulf lease obligation, all of which are discussed elsewhere):

Operating Leases
 
 
Year
 
 
Entergy
Arkansas
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
Entergy
New Orleans
 
 
Entergy
Texas
 
 
(In Thousands)
2019
 

$20,421

 

$25,970

 

$9,344

 

$2,493

 

$5,744

2020
 
13,918

 
21,681

 
8,763

 
2,349

 
4,431

2021
 
11,931

 
19,514

 
7,186

 
1,901

 
3,625

2022
 
9,458

 
15,756

 
5,675

 
1,314

 
2,218

2023
 
7,782

 
12,092

 
2,946

 
1,043

 
1,561

Years thereafter
 
23,297

 
22,003

 
4,417

 
2,323

 
2,726

Minimum lease payments
 

$86,807

 

$117,016

 

$38,331

 

$11,423

 

$20,305


Rental Expenses
 
 
Year
 
 
Entergy
Arkansas
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
Entergy
New Orleans
 
 
Entergy
Texas
 
 
System
Energy
 
 
(In Millions)
2018
 

$6.2

 

$20.2

 

$4.6

 

$2.5

 

$3.1

 

$1.9

2017
 

$7.5

 

$23.0

 

$5.6

 

$2.5

 

$3.4

 

$2.2

2016
 

$8.0

 

$17.8

 

$4.0

 

$0.9

 

$2.8

 

$1.6


Lease, Liabilities [Table Text Block]
The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
(In Thousands)
Current liabilities:
 
 
 
 
 
 
 
 
 
Operating leases

$11,443

 

$10,331

 

$5,633

 

$1,134

 

$3,698

Finance leases

$2,442

 

$3,919

 

$1,487

 

$647

 

$1,222

Non-current liabilities:
 
 
 
 
 
 
 
 
Operating leases

$40,880

 

$25,743

 

$11,232

 

$2,746

 

$10,364

Finance leases

$8,768

 

$13,376

 

$5,382

 

$2,644

 

$4,009


Lease, Terms and Discount Rate [Table Text Block]
The following information contains the weighted average remaining lease term in years and the weighted average discount rate for the operating and finance leases of the Registrant Subsidiaries at December 31, 2019:
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
Weighted average remaining lease terms:
 
 
 
 
 
 
 
 
 
Operating leases
5.84

 
4.33

 
5.04

 
5.62

 
4.54

Finance leases
5.43

 
5.24

 
5.32

 
5.93

 
5.12

Weighted average discount rate:
 
 
 
 
 
 
 
 
 
Operating leases
3.67
%
 
3.65
%
 
3.75
%
 
3.88
%
 
3.73
%
Finance leases
3.68
%
 
3.65
%
 
3.67
%
 
3.74
%
 
3.82
%


Lease, Maturity [Table Text Block]
Maturity of the lease liabilities for the Registrant Subsidiaries as of December 31, 2019 are as follows:

Operating Leases
Year
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
(In Thousands)
 
 
 
 
 
 
 
 
 
 
 
2020
 

$13,010

 

$11,376

 

$6,112

 

$1,248

 

$4,339

2021
 
11,165

 
9,645

 
4,983

 
991

 
3,611

2022
 
8,788

 
6,935

 
3,566

 
711

 
2,689

2023
 
7,193

 
4,916

 
1,454

 
549

 
2,336

2024
 
5,866

 
3,089

 
731

 
310

 
1,684

Years thereafter
 
12,021

 
2,972

 
1,972

 
522

 
1,119

Minimum lease payments
 
58,043

 
38,933

 
18,818

 
4,331

 
15,778

Less: amount representing interest
 
5,720

 
2,860

 
1,953

 
452

 
1,716

Present value of net minimum lease payments
 

$52,323

 

$36,073

 

$16,865

 

$3,879

 

$14,062


Finance Leases
Year
 
Entergy Arkansas
 
Entergy Louisiana
 
Entergy Mississippi
 
Entergy New Orleans
 
Entergy Texas
 
 
(In Thousands)
 
 
 
 
 
 
 
 
 
 
 
2020
 

$2,772

 

$4,422

 

$1,692

 

$744

 

$1,382

2021
 
2,369

 
3,766

 
1,527

 
634

 
1,188

2022
 
2,079

 
3,325

 
1,334

 
581

 
981

2023
 
1,833

 
2,856

 
1,111

 
532

 
839

2024
 
1,489

 
2,092

 
838

 
449

 
648

Years thereafter
 
1,787

 
2,476

 
1,038

 
713

 
706

Minimum lease payments
 
12,329

 
18,937

 
7,540

 
3,653

 
5,744

Less: amount representing interest
 
1,119

 
1,641

 
670

 
362

 
512

Present value of net minimum lease payments
 

$11,210

 

$17,296

 

$6,870

 

$3,291

 

$5,232


System Energy [Member]  
Components Of Minimum Lease Payments

As of December 31, 2018, the Registrant Subsidiaries had non-cancelable operating leases for equipment, buildings, vehicles, and fuel storage facilities with minimum lease payments as follows (excluding power purchase agreement operating leases, nuclear fuel leases, and the Grand Gulf lease obligation, all of which are discussed elsewhere):

Operating Leases
 
 
Year
 
 
Entergy
Arkansas
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
Entergy
New Orleans
 
 
Entergy
Texas
 
 
(In Thousands)
2019
 

$20,421

 

$25,970

 

$9,344

 

$2,493

 

$5,744

2020
 
13,918

 
21,681

 
8,763

 
2,349

 
4,431

2021
 
11,931

 
19,514

 
7,186

 
1,901

 
3,625

2022
 
9,458

 
15,756

 
5,675

 
1,314

 
2,218

2023
 
7,782

 
12,092

 
2,946

 
1,043

 
1,561

Years thereafter
 
23,297

 
22,003

 
4,417

 
2,323

 
2,726

Minimum lease payments
 

$86,807

 

$117,016

 

$38,331

 

$11,423

 

$20,305


Rental Expenses
 
 
Year
 
 
Entergy
Arkansas
 
 
Entergy
Louisiana
 
 
Entergy
Mississippi
 
Entergy
New Orleans
 
 
Entergy
Texas
 
 
System
Energy
 
 
(In Millions)
2018
 

$6.2

 

$20.2

 

$4.6

 

$2.5

 

$3.1

 

$1.9

2017
 

$7.5

 

$23.0

 

$5.6

 

$2.5

 

$3.4

 

$2.2

2016
 

$8.0

 

$17.8

 

$4.0

 

$0.9

 

$2.8

 

$1.6


Future Minimum Lease Payments Sale Leaseback Transactions
As of December 31, 2019, System Energy, in connection with the Grand Gulf sale and leaseback transactions, had future minimum lease payments that are recorded as long-term debt, as follows, which reflects the effect of the December 2013 renewal:
 
Amount
 
(In Thousands)
 
 
2020

$17,188

2021
17,188

2022
17,188

2023
17,188

2024
17,188

Years thereafter
206,250

Total
292,190

Less: Amount representing interest
257,844

Present value of net minimum lease payments

$34,346


As of December 31, 2018, System Energy, in connection with the Grand Gulf sale and leaseback transactions, had future minimum lease payments that are recorded as long-term debt, as follows, which reflects the effect of the December 2013 renewal:
 
Amount
 
(In Thousands)
 
 
2019

$17,188

2020
17,188

2021
17,188

2022
17,188

2023
17,188

Years thereafter
223,437

Total
309,377

Less: Amount representing interest
275,025

Present value of net minimum lease payments

$34,352