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

9 Months Ended

Sep. 30, 2020

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 September 30, 2020.

Capacity	Borrowings	Letters of Credit	Capacity Available
(In Millions)
$3,500	$150	$6	$3,344

Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]

Following is a summary of the uncommitted standby letter of credit facilities as of September 30, 2020:

Company	Amount of Uncommitted Facility	Letter of Credit Fee	MISO Letters of Credit Issued as of September 30, 2020 (a) (b)
Entergy Arkansas	$25 million	0.78%	$3 million
Entergy Louisiana	$125 million	0.78%	$21.2 million
Entergy Mississippi	$65 million	0.78%	$1 million
Entergy New Orleans	$15 million	1.00%	$1 million
Entergy Texas	$50 million	0.70%	$27.2 million

(a)As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights.

(b)As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility.

Short-Term Borrowings And The Outstanding Short-Term Borrowings

The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:

	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$—
Entergy Louisiana	$450	$—
Entergy Mississippi	$175	$—
Entergy New Orleans	$150	$5
Entergy Texas	$200	$54
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 have commercial paper programs in place. Following is a summary as of September 30, 2020:

Company	Expiration Date	Amount of Facility	Weighted Average Interest Rate on Borrowings (a)	Amount Outstanding as of September 30, 2020
		(Dollars in Millions)
Entergy Arkansas VIE	September 2022	$80	1.97%	$9.1
Entergy Louisiana River Bend VIE	September 2022	$105	2.07%	$30.9
Entergy Louisiana Waterford VIE	September 2022	$105	1.94%	$51.4
System Energy VIE	September 2022	$120	1.63%	$75.7

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, 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 were included in debt on the respective balance sheets as of September 30, 2020 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	2.51% Series V due June 2027	$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

Book Value And The Fair Value Of Long-Term Debt

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$20,662,679	$22,925,661
Entergy Arkansas	$4,280,229	$4,648,483
Entergy Louisiana	$7,651,976	$8,756,480
Entergy Mississippi	$1,780,310	$1,997,431
Entergy New Orleans	$674,832	$663,388
Entergy Texas	$2,047,749	$2,318,713
System Energy	$592,611	$615,602

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$17,873,655	$19,059,950
Entergy Arkansas	$3,517,208	$3,747,914
Entergy Louisiana	$7,303,669	$7,961,168
Entergy Mississippi	$1,614,129	$1,709,505
Entergy New Orleans	$560,906	$523,846
Entergy Texas	$1,922,956	$2,090,215
System Energy	$548,107	$565,209

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

Entergy Arkansas [Member]

Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]

Following is a summary of the uncommitted standby letter of credit facilities as of September 30, 2020:

Company	Amount of Uncommitted Facility	Letter of Credit Fee	MISO Letters of Credit Issued as of September 30, 2020 (a) (b)
Entergy Arkansas	$25 million	0.78%	$3 million
Entergy Louisiana	$125 million	0.78%	$21.2 million
Entergy Mississippi	$65 million	0.78%	$1 million
Entergy New Orleans	$15 million	1.00%	$1 million
Entergy Texas	$50 million	0.70%	$27.2 million

(a)As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights.

(b)As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility.

Short-Term Borrowings And The Outstanding Short-Term Borrowings

The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:

	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$—
Entergy Louisiana	$450	$—
Entergy Mississippi	$175	$—
Entergy New Orleans	$150	$5
Entergy Texas	$200	$54
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 have commercial paper programs in place. Following is a summary as of September 30, 2020:

Company	Expiration Date	Amount of Facility	Weighted Average Interest Rate on Borrowings (a)	Amount Outstanding as of September 30, 2020
		(Dollars in Millions)
Entergy Arkansas VIE	September 2022	$80	1.97%	$9.1
Entergy Louisiana River Bend VIE	September 2022	$105	2.07%	$30.9
Entergy Louisiana Waterford VIE	September 2022	$105	1.94%	$51.4
System Energy VIE	September 2022	$120	1.63%	$75.7

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, 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 were included in debt on the respective balance sheets as of September 30, 2020 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	2.51% Series V due June 2027	$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

Book Value And The Fair Value Of Long-Term Debt

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$20,662,679	$22,925,661
Entergy Arkansas	$4,280,229	$4,648,483
Entergy Louisiana	$7,651,976	$8,756,480
Entergy Mississippi	$1,780,310	$1,997,431
Entergy New Orleans	$674,832	$663,388
Entergy Texas	$2,047,749	$2,318,713
System Energy	$592,611	$615,602

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$17,873,655	$19,059,950
Entergy Arkansas	$3,517,208	$3,747,914
Entergy Louisiana	$7,303,669	$7,961,168
Entergy Mississippi	$1,614,129	$1,709,505
Entergy New Orleans	$560,906	$523,846
Entergy Texas	$1,922,956	$2,090,215
System Energy	$548,107	$565,209

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

Entergy Louisiana [Member]

Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]

Following is a summary of the uncommitted standby letter of credit facilities as of September 30, 2020:

Company	Amount of Uncommitted Facility	Letter of Credit Fee	MISO Letters of Credit Issued as of September 30, 2020 (a) (b)
Entergy Arkansas	$25 million	0.78%	$3 million
Entergy Louisiana	$125 million	0.78%	$21.2 million
Entergy Mississippi	$65 million	0.78%	$1 million
Entergy New Orleans	$15 million	1.00%	$1 million
Entergy Texas	$50 million	0.70%	$27.2 million

(a)As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights.

(b)As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility.

Short-Term Borrowings And The Outstanding Short-Term Borrowings

The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:

	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$—
Entergy Louisiana	$450	$—
Entergy Mississippi	$175	$—
Entergy New Orleans	$150	$5
Entergy Texas	$200	$54
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 have commercial paper programs in place. Following is a summary as of September 30, 2020:

Company	Expiration Date	Amount of Facility	Weighted Average Interest Rate on Borrowings (a)	Amount Outstanding as of September 30, 2020
		(Dollars in Millions)
Entergy Arkansas VIE	September 2022	$80	1.97%	$9.1
Entergy Louisiana River Bend VIE	September 2022	$105	2.07%	$30.9
Entergy Louisiana Waterford VIE	September 2022	$105	1.94%	$51.4
System Energy VIE	September 2022	$120	1.63%	$75.7

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, 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 were included in debt on the respective balance sheets as of September 30, 2020 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	2.51% Series V due June 2027	$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

Book Value And The Fair Value Of Long-Term Debt

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$20,662,679	$22,925,661
Entergy Arkansas	$4,280,229	$4,648,483
Entergy Louisiana	$7,651,976	$8,756,480
Entergy Mississippi	$1,780,310	$1,997,431
Entergy New Orleans	$674,832	$663,388
Entergy Texas	$2,047,749	$2,318,713
System Energy	$592,611	$615,602

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$17,873,655	$19,059,950
Entergy Arkansas	$3,517,208	$3,747,914
Entergy Louisiana	$7,303,669	$7,961,168
Entergy Mississippi	$1,614,129	$1,709,505
Entergy New Orleans	$560,906	$523,846
Entergy Texas	$1,922,956	$2,090,215
System Energy	$548,107	$565,209

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

Entergy Mississippi [Member]

Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]

Following is a summary of the uncommitted standby letter of credit facilities as of September 30, 2020:

Company	Amount of Uncommitted Facility	Letter of Credit Fee	MISO Letters of Credit Issued as of September 30, 2020 (a) (b)
Entergy Arkansas	$25 million	0.78%	$3 million
Entergy Louisiana	$125 million	0.78%	$21.2 million
Entergy Mississippi	$65 million	0.78%	$1 million
Entergy New Orleans	$15 million	1.00%	$1 million
Entergy Texas	$50 million	0.70%	$27.2 million

(a)As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights.

(b)As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility.

Short-Term Borrowings And The Outstanding Short-Term Borrowings

The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:

	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$—
Entergy Louisiana	$450	$—
Entergy Mississippi	$175	$—
Entergy New Orleans	$150	$5
Entergy Texas	$200	$54
System Energy	$200	$—

Book Value And The Fair Value Of Long-Term Debt

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$20,662,679	$22,925,661
Entergy Arkansas	$4,280,229	$4,648,483
Entergy Louisiana	$7,651,976	$8,756,480
Entergy Mississippi	$1,780,310	$1,997,431
Entergy New Orleans	$674,832	$663,388
Entergy Texas	$2,047,749	$2,318,713
System Energy	$592,611	$615,602

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$17,873,655	$19,059,950
Entergy Arkansas	$3,517,208	$3,747,914
Entergy Louisiana	$7,303,669	$7,961,168
Entergy Mississippi	$1,614,129	$1,709,505
Entergy New Orleans	$560,906	$523,846
Entergy Texas	$1,922,956	$2,090,215
System Energy	$548,107	$565,209

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

Entergy New Orleans [Member]

Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]

Following is a summary of the uncommitted standby letter of credit facilities as of September 30, 2020:

Company	Amount of Uncommitted Facility	Letter of Credit Fee	MISO Letters of Credit Issued as of September 30, 2020 (a) (b)
Entergy Arkansas	$25 million	0.78%	$3 million
Entergy Louisiana	$125 million	0.78%	$21.2 million
Entergy Mississippi	$65 million	0.78%	$1 million
Entergy New Orleans	$15 million	1.00%	$1 million
Entergy Texas	$50 million	0.70%	$27.2 million

(a)As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights.

(b)As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility.

Short-Term Borrowings And The Outstanding Short-Term Borrowings

The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:

	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$—
Entergy Louisiana	$450	$—
Entergy Mississippi	$175	$—
Entergy New Orleans	$150	$5
Entergy Texas	$200	$54
System Energy	$200	$—

Book Value And The Fair Value Of Long-Term Debt

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$20,662,679	$22,925,661
Entergy Arkansas	$4,280,229	$4,648,483
Entergy Louisiana	$7,651,976	$8,756,480
Entergy Mississippi	$1,780,310	$1,997,431
Entergy New Orleans	$674,832	$663,388
Entergy Texas	$2,047,749	$2,318,713
System Energy	$592,611	$615,602

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$17,873,655	$19,059,950
Entergy Arkansas	$3,517,208	$3,747,914
Entergy Louisiana	$7,303,669	$7,961,168
Entergy Mississippi	$1,614,129	$1,709,505
Entergy New Orleans	$560,906	$523,846
Entergy Texas	$1,922,956	$2,090,215
System Energy	$548,107	$565,209

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

Entergy Texas [Member]

Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]

Following is a summary of the uncommitted standby letter of credit facilities as of September 30, 2020:

Company	Amount of Uncommitted Facility	Letter of Credit Fee	MISO Letters of Credit Issued as of September 30, 2020 (a) (b)
Entergy Arkansas	$25 million	0.78%	$3 million
Entergy Louisiana	$125 million	0.78%	$21.2 million
Entergy Mississippi	$65 million	0.78%	$1 million
Entergy New Orleans	$15 million	1.00%	$1 million
Entergy Texas	$50 million	0.70%	$27.2 million

(a)As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights.

(b)As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility.

Short-Term Borrowings And The Outstanding Short-Term Borrowings

The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:

	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$—
Entergy Louisiana	$450	$—
Entergy Mississippi	$175	$—
Entergy New Orleans	$150	$5
Entergy Texas	$200	$54
System Energy	$200	$—

Book Value And The Fair Value Of Long-Term Debt

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$20,662,679	$22,925,661
Entergy Arkansas	$4,280,229	$4,648,483
Entergy Louisiana	$7,651,976	$8,756,480
Entergy Mississippi	$1,780,310	$1,997,431
Entergy New Orleans	$674,832	$663,388
Entergy Texas	$2,047,749	$2,318,713
System Energy	$592,611	$615,602

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$17,873,655	$19,059,950
Entergy Arkansas	$3,517,208	$3,747,914
Entergy Louisiana	$7,303,669	$7,961,168
Entergy Mississippi	$1,614,129	$1,709,505
Entergy New Orleans	$560,906	$523,846
Entergy Texas	$1,922,956	$2,090,215
System Energy	$548,107	$565,209

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

System Energy [Member]

Short-Term Borrowings And The Outstanding Short-Term Borrowings

The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:

	Authorized	Borrowings
	(In Millions)
Entergy Arkansas	$250	$—
Entergy Louisiana	$450	$—
Entergy Mississippi	$175	$—
Entergy New Orleans	$150	$5
Entergy Texas	$200	$54
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 have commercial paper programs in place. Following is a summary as of September 30, 2020:

Company	Expiration Date	Amount of Facility	Weighted Average Interest Rate on Borrowings (a)	Amount Outstanding as of September 30, 2020
		(Dollars in Millions)
Entergy Arkansas VIE	September 2022	$80	1.97%	$9.1
Entergy Louisiana River Bend VIE	September 2022	$105	2.07%	$30.9
Entergy Louisiana Waterford VIE	September 2022	$105	1.94%	$51.4
System Energy VIE	September 2022	$120	1.63%	$75.7

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, 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 were included in debt on the respective balance sheets as of September 30, 2020 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	2.51% Series V due June 2027	$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

Book Value And The Fair Value Of Long-Term Debt

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$20,662,679	$22,925,661
Entergy Arkansas	$4,280,229	$4,648,483
Entergy Louisiana	$7,651,976	$8,756,480
Entergy Mississippi	$1,780,310	$1,997,431
Entergy New Orleans	$674,832	$663,388
Entergy Texas	$2,047,749	$2,318,713
System Energy	$592,611	$615,602

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows:

	Book Value of Long-Term Debt	Fair Value of Long-Term Debt (a)
	(In Thousands)
Entergy	$17,873,655	$19,059,950
Entergy Arkansas	$3,517,208	$3,747,914
Entergy Louisiana	$7,303,669	$7,961,168
Entergy Mississippi	$1,614,129	$1,709,505
Entergy New Orleans	$560,906	$523,846
Entergy Texas	$1,922,956	$2,090,215
System Energy	$548,107	$565,209

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.