Business Segment Information (Tables) - Entergy Corporation [Member]

6 Months Ended

Jun. 30, 2020

Entergy’s segment financial information for the second quarters of 2020 and 2019 was as follows:



	Utility	Entergy Wholesale Commodities	All Other	Eliminations	Entergy
	(In Thousands)
2020
Operating revenues	$2,213,061	$199,709	$18	$—	$2,412,788
Income taxes	$73,710	$24,467	($9,062)	$—	$89,115
Consolidated net income (loss)	$348,902	$85,178	($37,069)	($31,898)	$365,113

2019
Operating revenues	$2,376,437	$289,783	$2	($13)	$2,666,209
Income taxes	$21,150	($9,290)	($10,402)	$—	$1,458
Consolidated net income (loss)	$334,752	($25,382)	($36,939)	($31,898)	$240,533

Entergy’s segment financial information for the six months ended June 30, 2020 and 2019 was as follows:


	Utility	Entergy Wholesale Commodities	All Other	Eliminations	Entergy
	(In Thousands)
2020
Operating revenues	$4,307,690	$532,258	$29	($10)	$4,839,967
Income taxes	$20,761	($6,073)	$3,233	$—	$17,921
Consolidated net income (loss)	$672,751	($25,251)	($95,298)	($63,796)	$488,406
Total assets as of June 30, 2020	$51,205,266	$3,658,974	$493,119	($1,992,057)	$53,365,302
2019
Operating revenues	$4,552,419	$723,394	$2	($23)	$5,275,792
Income taxes	$9,586	$56,618	($21,975)	$—	$44,229
Consolidated net income (loss)	$568,900	$71,697	($77,620)	($63,797)	$499,180
Total assets as of December 31, 2019	$49,557,664	$4,154,961	$514,020	($2,502,733)	$51,723,912

The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment.

Restructuring and Related Costs [Table Text Block]


	2020					2019
	Employee retention and severance expenses and other benefits-related costs	Contracted economic development costs	Total	Employee retention and severance expenses and other benefits-related costs	Contracted economic development costs	Total
	(In Millions)
Balance as of April 1,	$150	$14	$164	$213	$14	$227
Restructuring costs accrued	17	—	17	22	—	22

Cash paid out	14	—	14	54	—	54
Balance as of June 30,	$153	$14	$167	$181	$14	$195

In addition, Entergy Wholesale Commodities incurred $7 million in the second quarter 2020 and $16 million in the second quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions.

Total restructuring charges for the six months ended June 30, 2020 and 2019 were comprised of the following:


	2020					2019
	Employee retention and severance expenses and other benefits-related costs	Contracted economic development costs	Total	Employee retention and severance expenses and other benefits-related costs	Contracted economic development costs	Total
	(In Millions)
Balance as of January 1,	$129	$14	$143	$179	$14	$193
Restructuring costs accrued	38	—	38	56	—	56
Cash paid out	14	—	14	54	—	54
Balance as of June 30,	$153	$14	$167	$181	$14	$195

In addition, Entergy Wholesale Commodities incurred $12 million in the six months ended June 30, 2020 and $90 million in the six months ended June 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions.