XML 112 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax $ 2,427,179 $ 2,609,584
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 397,403 478,330
Nuclear refueling outage expenses 50,218 50,441
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 702,084 783,051
Asset Impairment Charges 5,095 73,979
Decommissioning 93,684 102,119
Taxes, Other 170,294 158,575
Other Depreciation and Amortization 399,710 357,274
Other regulatory charges (credits) - net (7,679) (16,946)
Costs and Expenses 2,027,423 2,326,330
OPERATING INCOME 399,756 283,254
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 35,953 38,216
Investment Income, Net (216,853) 228,149
Miscellaneous - net 23,389 (64,658)
TOTAL (157,511) 201,707
INTEREST EXPENSE    
Interest expense 205,589 200,993
Allowance for borrowed funds used during construction (15,444) (17,449)
TOTAL 190,145 183,544
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 52,100 301,417
Income taxes (71,194) 42,771
Consolidated net income 123,294 258,646
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders $ 4,580 $ 4,109
Earnings per average common share:    
Basic (in dollars per share) $ 0.59 $ 1.34
Diluted (in dollars per share) $ 0.59 $ 1.32
Basic average number of common shares outstanding (in shares) 199,790,016 189,575,187
Diluted average number of common shares outstanding (in shares) 200,901,349 192,234,191
Net Income (Loss) Available to Common Stockholders, Basic $ 118,714 $ 254,537
Increase (Decrease) in Income Taxes 26,000  
Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 2,050,638 2,121,024
Natural Gas, US Regulated [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 43,976 54,948
Competitive Businesses [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 332,565 433,612
Electricity, Purchased [Member]    
Operation and Maintenance:    
Cost of Goods and Services Sold 216,614 339,507
Entergy Mississippi [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 293,922 282,244
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 63,297 53,229
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 62,337 59,183
Taxes, Other 27,190 26,127
Other Depreciation and Amortization 51,155 39,088
Other regulatory charges (credits) - net (3,881) 2,370
Costs and Expenses 252,741 251,452
OPERATING INCOME 41,181 30,792
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 1,439 1,913
Investment Income, Net 120 152
Miscellaneous - net (2,296) (263)
TOTAL (737) 1,802
INTEREST EXPENSE    
Interest expense 16,583 14,540
Allowance for borrowed funds used during construction (551) (785)
TOTAL 16,032 13,755
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 24,412 18,839
Income taxes 1,886 3,441
Consolidated net income 22,526 15,398
Entergy Mississippi [Member] | Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 293,922 282,244
Entergy Mississippi [Member] | Natural Gas, US Regulated [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 0 0
Entergy Mississippi [Member] | Electricity, Purchased [Member]    
Operation and Maintenance:    
Cost of Goods and Services Sold 52,643 71,455
Entergy Arkansas [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 481,912 545,812
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 87,411 152,159
Nuclear refueling outage expenses 16,247 17,248
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 151,857 166,460
Decommissioning 17,941 15,761
Taxes, Other 31,060 28,363
Other Depreciation and Amortization 83,521 75,847
Other regulatory charges (credits) - net (20,001) 445
Costs and Expenses 414,077 503,341
OPERATING INCOME 67,835 42,471
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 2,917 3,428
Investment Income, Net 7,938 6,183
Miscellaneous - net (6,436) (3,690)
TOTAL 4,419 5,921
INTEREST EXPENSE    
Interest expense 35,623 33,383
Allowance for borrowed funds used during construction (1,281) (1,414)
TOTAL 34,342 31,969
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 37,912 16,423
Income taxes (6,683) (22,698)
Consolidated net income 44,595 39,121
Entergy Arkansas [Member] | Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 481,912 545,812
Entergy Arkansas [Member] | Natural Gas, US Regulated [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 0 0
Entergy Arkansas [Member] | Electricity, Purchased [Member]    
Operation and Maintenance:    
Cost of Goods and Services Sold 46,041 47,058
Entergy Louisiana [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 930,647 959,330
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 144,492 147,349
Nuclear refueling outage expenses 13,630 12,808
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 222,658 225,888
Decommissioning 16,001 13,879
Taxes, Other 50,077 49,682
Other Depreciation and Amortization 145,135 126,134
Other regulatory charges (credits) - net 11,132 (27,660)
Costs and Expenses 763,868 805,386
OPERATING INCOME 166,779 153,944
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 14,887 23,914
Investment Income, Net (19,669) 71,986
Miscellaneous - net 49,601 (42,344)
TOTAL 44,819 53,556
INTEREST EXPENSE    
Interest expense 79,517 74,703
Allowance for borrowed funds used during construction (7,132) (11,367)
TOTAL 72,385 63,336
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 139,213 144,164
Income taxes (50,183) 16,531
Consolidated net income 189,396 127,633
Earnings per average common share:    
Net Income (Loss) Available to Common Stockholders, Basic 189,396 127,633
Entergy Louisiana [Member] | Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 912,541 936,693
Entergy Louisiana [Member] | Natural Gas, US Regulated [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 18,106 22,637
Entergy Louisiana [Member] | Electricity, Purchased [Member]    
Operation and Maintenance:    
Cost of Goods and Services Sold 160,743 257,306
Entergy New Orleans [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 149,302 163,194
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 27,495 30,760
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 30,704 30,298
Taxes, Other 13,206 13,542
Other Depreciation and Amortization 15,075 14,164
Other regulatory charges (credits) - net (5,736) (2,355)
Costs and Expenses 137,211 147,058
OPERATING INCOME 12,091 16,136
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 2,485 2,290
Investment Income, Net 53 179
Miscellaneous - net (738) (1,506)
TOTAL 1,800 963
INTEREST EXPENSE    
Interest expense 6,640 5,936
Allowance for borrowed funds used during construction (1,195) (914)
TOTAL 5,445 5,022
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 8,446 12,077
Income taxes (2,740) 3,054
Consolidated net income 11,186 9,023
Entergy New Orleans [Member] | Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 123,431 130,883
Entergy New Orleans [Member] | Natural Gas, US Regulated [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 25,871 32,311
Entergy New Orleans [Member] | Electricity, Purchased [Member]    
Operation and Maintenance:    
Cost of Goods and Services Sold 56,467 60,649
Entergy Texas [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 339,336 340,474
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 41,346 48,103
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 58,933 59,626
Taxes, Other 19,272 18,640
Other Depreciation and Amortization 42,566 37,037
Other regulatory charges (credits) - net 21,368 19,459
Costs and Expenses 303,276 323,733
OPERATING INCOME 36,060 16,741
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 10,641 5,081
Investment Income, Net 429 1,682
Miscellaneous - net (346) (363)
TOTAL 10,724 6,400
INTEREST EXPENSE    
Interest expense 22,858 22,460
Allowance for borrowed funds used during construction (4,573) (2,580)
TOTAL 18,285 19,880
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 28,499 3,261
Income taxes (4,208) (18,081)
Consolidated net income 32,707 21,342
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 470 0
Earnings per average common share:    
Net Income (Loss) Available to Common Stockholders, Basic 32,237 21,342
Entergy Texas [Member] | Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 339,336 340,474
Entergy Texas [Member] | Natural Gas, US Regulated [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 0 0
Entergy Texas [Member] | Electricity, Purchased [Member]    
Operation and Maintenance:    
Cost of Goods and Services Sold 119,791 140,868
System Energy [Member]    
Operation and Maintenance:    
Fuel, fuel-related expenses, and gas purchased for resale 13,143 21,561
Nuclear refueling outage expenses 8,272 8,186
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 40,471 45,282
Decommissioning 9,157 8,799
Taxes, Other 7,973 7,539
Other Depreciation and Amortization 26,899 26,574
Other regulatory charges (credits) - net (10,560) (9,205)
Costs and Expenses 95,355 108,736
OPERATING INCOME 35,309 31,368
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 3,584 1,589
Investment Income, Net 5,338 6,991
Miscellaneous - net (2,460) (1,228)
TOTAL 6,462 7,352
INTEREST EXPENSE    
Interest expense 8,540 9,397
Allowance for borrowed funds used during construction (711) (389)
TOTAL 7,829 9,008
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 33,942 29,712
Income taxes 5,429 6,134
Consolidated net income 28,513 23,578
Earnings per average common share:    
Net Income (Loss) Available to Common Stockholders, Basic 28,513 23,578
System Energy [Member] | Electricity [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax $ 130,664 $ 140,104