8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date earliest event reported) November 2, 2022

Commission File Number	Registrant, State of Incorporation or Organization, Address of Principal Executive Offices, Telephone Number, and IRS Employer Identification No.	Commission File Number	Registrant, State of Incorporation or Organization, Address of Principal Executive Offices, Telephone Number, and IRS Employer Identification No.
1-11299	ENTERGY CORPORATION	1-35747	ENTERGY NEW ORLEANS, LLC
	(a Delaware corporation) 639 Loyola Avenue New Orleans, Louisiana 70113 Telephone (504) 576-4000		(a Texas limited liability company) 1600 Perdido Street New Orleans, Louisiana 70112 Telephone (504) 670-3700
	72-1229752		82-2212934
1-10764	ENTERGY ARKANSAS, LLC	1-34360	ENTERGY TEXAS, INC.
	(a Texas limited liability company) 425 West Capitol Avenue Little Rock, Arkansas 72201 Telephone (501) 377-4000		(a Texas corporation) 2107 Research Forest Drive The Woodlands, Texas 77380 Telephone (409) 981-2000
	83-1918668		61-1435798
1-32718	ENTERGY LOUISIANA, LLC	1-09067	SYSTEM ENERGY RESOURCES, INC.
	(a Texas limited liability company) 4809 Jefferson Highway Jefferson, Louisiana 70121 Telephone (504) 576-4000		(an Arkansas corporation) 1340 Echelon Parkway Jackson, Mississippi 39213 Telephone (601) 368-5000
	47-4469646		72-0752777
1-31508	ENTERGY MISSISSIPPI, LLC
	(a Texas limited liability company) 308 East Pearl Street Jackson, Mississippi 39201 Telephone (601) 368-5000
	83-1950019

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Registrant	Title of Class	Trading Symbol	Name of Each Exchange on Which Registered
Entergy Corporation	Common Stock, $0.01 Par Value	ETR	New York Stock Exchange
	Common Stock, $0.01 Par Value	ETR	NYSE Chicago, Inc.
Entergy Arkansas, LLC	Mortgage Bonds, 4.875% Series due September 2066	EAI	New York Stock Exchange
Entergy Louisiana, LLC	Mortgage Bonds, 4.875% Series due September 2066	ELC	New York Stock Exchange
Entergy Mississippi, LLC	Mortgage Bonds, 4.90% Series due October 2066	EMP	New York Stock Exchange
Entergy New Orleans, LLC	Mortgage Bonds, 5.0% Series due December 2052	ENJ	New York Stock Exchange
	Mortgage Bonds, 5.50% Series due April 2066	ENO	New York Stock Exchange
Entergy Texas, Inc.	5.375% Series A Preferred Stock, Cumulative, No Par Value (Liquidation Value $25 Per Share)	ETI/PR	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ☐

Item 2.02. Results of Operations and Financial Condition

On November 2, 2022, Entergy Corporation (the “Company”) issued a press release, which is attached as Exhibit 99.1 hereto and incorporated herein by reference, announcing its results of operations and financial condition for the third quarter 2022 (the “Earnings Release”). The information in Exhibit 99.1 is being furnished, not filed, pursuant to this Item 2.02.

Item 7.01. Regulation FD Disclosure

On November 2, 2022, the Company issued the Earnings Release, which is attached as Exhibit 99.1 hereto and incorporated herein by reference, announcing its results of operations and financial condition for the third quarter 2022. The information in Exhibit 99.1 is being furnished, not filed, pursuant to this Item 7.01.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

Exhibit No.	Description
99.1	Release, dated November 2, 2022, issued by Entergy Corporation
104	Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Entergy Corporation

Entergy Arkansas, LLC

Entergy Louisiana, LLC

Entergy Mississippi, LLC

Entergy New Orleans, LLC

Entergy Texas, Inc.

System Energy Resources, Inc.

By:: /s/ Reginald T. Jackson

Reginald T. Jackson
Senior Vice President and
Chief Accounting Officer

Dated: November 2, 2022

EX-99

Exhibit 99.1

NEWS RELEASE

FOR IMMEDIATE RELEASE

November 2, 2022

Entergy reports third quarter earnings

Company narrows guidance and extends financial outlooks

NEW ORLEANS – Entergy Corporation (NYSE: ETR) reported third quarter 2022 earnings per share of $2.74 on an as-reported basis and $2.84 on an adjusted basis (non-GAAP).

“We continued to make meaningful progress in the third quarter, executing our strategy across regulatory, financial, and operational paths to create sustainable value for all our stakeholders,” said Drew Marsh, Entergy chief executive officer. “We expect to deliver strong results for 2022 driven by the growth of our regulated operations. We remain laser focused on affordability and reliability for our customers, while advancing initiatives that support their growth, resilience, and clean energy goals.”

Business highlights included the following:

•Entergy narrowed its 2022 adjusted EPS guidance range to $6.25 to $6.45.

•The APSC approved Driver Solar, a 250 MW solar facility that will support US Steel.

•The LPSC approved four solar projects totaling 475 MW.

•The LPSC approved Entergy’s Geaux Green option, a new asset-based green tariff.

•E-LA completed its longest underground distribution project in Southeast Louisiana, adding to upgrades that have increased the resilience of the electric system.

•E-LA completed a 230kV Mississippi River transmission crossing, with key towers upgraded to withstand winds of up to 175 mph.

•E-TX and an affiliate of New Fortress Energy Inc. signed an MOU to collaborate on the development of renewable energy and hydrogen infrastructure in Southeast Texas.

•The CCNO approved $206 million securitization recovery for E-NO’s Hurricane Ida costs and replenishment of the company’s storm escrow.

•Entergy’s Board of Directors declared a quarterly dividend of $1.07 per share, a six percent increase.

•Entergy was named as one of the nation’s top utilities in economic development by Site Selection magazine for the 15th consecutive year.

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Table of contents Page

News release 1
Appendices 7
A: Consolidated results and adjustments 8
B: Earnings variance analysis 11
C: Utility operating and financial measures 14
D: EWC operating and financial measures 15
E: Consolidated financial measures 16
F: Definitions and abbreviations and acronyms 17
G: Other GAAP to non-GAAP reconciliations 19
Financial statements 21

Consolidated earnings (GAAP and non-GAAP measures)
Third quarter and year-to-date 2022 vs. 2021 (See Appendix A for reconciliation of GAAP to non-GAAP measures and description of adjustments)
	Third quarter			Year-to-date
	2022	2021	Change	2022	2021	Change
(After-tax, $ in millions)
As-reported earnings	561	531	30	997	860	137
Less adjustments	(19)	37	(56)	(216)	(201)	(15)
Adjusted earnings (non-GAAP)	580	494	85	1,213	1,061	152
Estimated weather impact	21	(9)	29	86	(1)	87
(After-tax, per share in $)
As-reported earnings	2.74	2.63	0.11	4.88	4.26	0.62
Less adjustments	(0.10)	0.18	(0.28)	(1.06)	(1.00)	(0.06)
Adjusted earnings (non-GAAP)	2.84	2.45	0.39	5.94	5.26	0.68
Estimated weather impact	0.10	(0.04)	0.14	0.42	—	0.42

Calculations may differ due to rounding

Consolidated results

For third quarter 2022, the company reported earnings of $561 million, or $2.74 per share, on an as-reported basis, and earnings of $580 million, or $2.84 per share, on an adjusted basis. This compared to third quarter 2021 earnings of $531 million, or $2.63 per share, on an as-reported basis, and earnings of $494 million, or $2.45 per share, on an adjusted basis.

Summary discussions by business are below. Additional details, including information on OCF by business, are provided in Appendix A. An analysis of quarterly and year-to-date variances by business is provided in Appendix B.

Business segment results

Utility

For third quarter 2022, the Utility business reported earnings attributable to Entergy Corporation of $672 million, or $3.29 per share, on both an as-reported and adjusted basis. This compared to third quarter 2021 earnings of $570 million, or $2.82 per share, on an as-

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reported basis and $559 million, or $2.77 per share, on an adjusted basis. Drivers for the change in quarterly earnings included:

•the net effect of regulatory actions across the operating companies;

•higher retail sales volume, including the effects of weather; and

•higher income from affiliate preferred investments (offset at P&O and largely earnings neutral at the consolidated level).

The drivers were partially offset by:

•higher operating expenses including other O&M and depreciation expense, and

•higher interest expense.

On a per share basis, third quarter 2022 results reflected higher diluted average number of common shares outstanding.

Appendix C contains additional details on Utility operating and financial measures.

Parent & Other

For third quarter 2022, Parent & Other reported a loss attributable to Entergy Corporation of $(92 million), or (45) cents per share, on both an as-reported and an adjusted basis. This compared to a third quarter 2021 loss of $(65 million), or (32) cents per share, on both an as-reported and an adjusted basis. The primary driver for the quarter was the impact from affiliate preferred investments (offset at Utility and largely earnings neutral at the consolidated level).

On a per share basis, third quarter 2022 results reflected higher diluted average number of common shares outstanding.

Entergy Wholesale Commodities

For third quarter 2022, EWC reported a loss attributable to Entergy Corporation of $(19 million), or (10) cents per share, on an as-reported basis. This compared to third quarter 2021 earnings of $26 million, or 13 cents per share, on an as-reported basis. The primary drivers for the quarter were:

•the shutdown of Palisades in May 2022 and other items associated with the wind-down of EWC, and

•income taxes.

On a per share basis, third quarter 2022 results reflected higher diluted average number of common shares outstanding.

Appendix D contains additional details on EWC operating and financial measures, including reconciliation for non-GAAP EWC adjusted EBITDA.

Earnings per share guidance

Entergy narrowed its 2022 adjusted EPS guidance to a range of $6.25 to $6.45. See webcast presentation for additional details.

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The company has provided 2022 earnings guidance with regard to the non-GAAP measure of Entergy adjusted EPS. This measure excludes from the corresponding GAAP financial measure the effect of adjustments as described below under “Non-GAAP financial measures.” The company has not provided a reconciliation of such non-GAAP guidance to guidance presented on a GAAP basis because it cannot predict and quantify with a reasonable degree of confidence all of the adjustments that may occur during the period. One adjustment is the exclusion of EWC earnings from Entergy adjusted EPS. We currently estimate that the contribution of EWC to Entergy’s as-reported EPS will be approximately 25 cents in 2022.

Earnings teleconference

A teleconference will be held at 10:00 a.m. Central Time on Wednesday, November 2, 2022, to discuss Entergy’s quarterly earnings announcement and the company’s financial performance. The teleconference and a replay of the teleconference may be accessed by visiting Entergy’s website at www.entergy.com; for participants who would like to participate via telephone, please register at https://register.vevent.com/register/BIa229a822b57a4806a2dade35096b07b8 to receive the dial-in number along with a unique PIN that is required to access the call (the registration link can also be found on Entergy’s website). The webcast presentation is also being posted to Entergy’s website concurrent with this news release.

Entergy Corporation, a Fortune 500 company headquartered in New Orleans, powers life for 3 million customers through its operating companies across Arkansas, Louisiana, Mississippi, and Texas. Entergy is creating a cleaner, more resilient energy future for everyone with our diverse power generation portfolio, including increasingly carbon-free energy sources. With roots in the Gulf South region for more than a century, Entergy is a recognized leader in corporate citizenship, delivering more than $100 million in economic benefits to local communities through philanthropy and advocacy efforts annually over the last several years. Our approximately 12,000 employees are dedicated to powering life today and for future generations.

Entergy Corporation’s common stock is listed on the New York Stock Exchange and NYSE Chicago under the symbol “ETR”.

Details regarding Entergy’s results of operations, regulatory proceedings, and other matters are available in this earnings release, a copy of which will be filed with the SEC, and the webcast presentation. Both documents are available on Entergy’s Investor Relations website at www.entergy.com/investor_relations.

Entergy maintains a web page as part of its Investor Relations website, entitled Regulatory and Other Information, which provides investors with key updates on certain regulatory proceedings and important milestones on the execution of its strategy. While some of this information may be considered material information, investors should not rely exclusively on this page for all relevant company information.

For definitions of certain operating measures, as well as GAAP and non-GAAP financial measures and abbreviations and acronyms used in the earnings release materials, see Appendix F.

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Non-GAAP financial measures

This news release contains non-GAAP financial measures, which are generally numerical measures of a company’s performance, financial position, or cash flows that either exclude or include amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP. Entergy has provided quantitative reconciliations within this news release of the non-GAAP financial measures to the most directly comparable GAAP financial measures.

Entergy reports earnings using the non-GAAP measure of Entergy adjusted earnings, which excludes the effect of certain “adjustments,” including the removal of the Entergy Wholesale Commodities segment in light of the company’s exit from the merchant power business. Adjustments are unusual or non-recurring items or events or other items or events that management believes do not reflect the ongoing business of Entergy, such as the results of the EWC segment, significant tax items, and other items such as certain costs, expenses, or other specified items. In addition to reporting GAAP consolidated earnings on a per share basis, Entergy reports its adjusted earnings on a per share basis. These per share measures represent the applicable earnings amount divided by the diluted average number of common shares outstanding for the period.

Management uses the non-GAAP financial measures of adjusted earnings and adjusted earnings per share for, among other things, financial planning and analysis; reporting financial results to the board of directors, employees, stockholders, analysts, and investors; and internal evaluation of financial performance. Entergy believes that these non-GAAP financial measures provide useful information to investors in evaluating the ongoing results of Entergy’s business, comparing period to period results, and comparing Entergy’s financial performance to the financial performance of other companies in the utility sector.

Other non-GAAP measures, including adjusted EBITDA; adjusted ROE; adjusted ROE, excluding affiliate preferred; gross liquidity; net liquidity; net liquidity, including storm escrows; debt to capital, excluding securitization debt; net debt to net capital, excluding securitization debt; parent debt to total debt, excluding securitization debt; FFO to debt, excluding securitization debt; and FFO to debt, excluding securitization debt, return of unprotected excess ADIT, and severance and retention payments associated with exit of EWC, are measures Entergy uses internally for management and board discussions and to gauge the overall strength of its business. Entergy believes the above data provides useful information to investors in evaluating Entergy’s ongoing financial results and flexibility, and assists investors in comparing Entergy’s credit and liquidity to the credit and liquidity of others in the utility sector. In addition, ROE is included on both an adjusted and an as-reported basis. Metrics defined as “adjusted” (other than EWC’s adjusted EBITDA) exclude the effect of adjustments as defined above. EWC’s adjusted EBITDA represents EWC’s earnings before interest, taxes, and depreciation and amortization, and also excludes decommissioning expense.

These non-GAAP financial measures reflect an additional way of viewing aspects of Entergy’s operations that, when viewed with Entergy’s GAAP results and the accompanying reconciliations to corresponding GAAP financial measures, provide a more complete understanding of factors and trends affecting Entergy’s business. These non-GAAP financial measures should not be used to the exclusion of GAAP financial measures. Investors are

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strongly encouraged to review Entergy’s consolidated financial statements and publicly filed reports in their entirety and not to rely on any single financial measure. Although certain of these measures are intended to assist investors in comparing Entergy’s performance to other companies in the utility sector, non-GAAP financial measures are not standardized; therefore, it might not be possible to compare these financial measures with other companies’ non-GAAP financial measures having the same or similar names.

Cautionary note regarding forward-looking statements

In this news release, and from time to time, Entergy Corporation makes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, among other things, statements regarding Entergy’s 2022 earnings guidance; current financial and operational outlooks; industrial load growth outlooks; statements regarding its climate transition and resilience plans, goals, beliefs, or expectations; and other statements of Entergy’s plans, beliefs, or expectations included in this news release. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Except to the extent required by the federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Forward-looking statements are subject to a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including (a) those factors discussed elsewhere in this news release and in Entergy’s most recent Annual Report on Form 10-K, any subsequent Quarterly Reports on Form 10-Q, and Entergy’s other reports and filings made under the Securities Exchange Act of 1934; (b) uncertainties associated with (1) rate proceedings, formula rate plans, and other cost recovery mechanisms, including the risk that costs may not be recoverable to the extent or on the timeline anticipated by the utilities and (2) implementation of the ratemaking effects of changes in law; (c) uncertainties associated with (1) realizing the benefits of its resilience plan, including impacts of the frequency and intensity of future storms and storm paths, as well as the pace of project completion and (2) efforts to remediate the effects of major storms and recover related restoration costs; (d) risks associated with operating nuclear facilities, including plant relicensing, operating, and regulatory costs and risks; (e) changes in decommissioning trust fund values or earnings or in the timing or cost of decommissioning Entergy’s nuclear plant sites; (f) legislative and regulatory actions and risks and uncertainties associated with claims or litigation by or against Entergy and its subsidiaries; (g) risks and uncertainties associated with executing on business strategies, including strategic transactions that Entergy or its subsidiaries may undertake and the risk that any such transaction may not be completed as and when expected and the risk that the anticipated benefits of the transaction may not be realized; (h) impacts from terrorist attacks, geopolitical conflicts, cybersecurity threats, data security breaches, or other attempts to disrupt Entergy’s business or operations, and/or other catastrophic events; (i) the direct and indirect impacts of the COVID-19 pandemic on Entergy and its customers; and (j) effects on Entergy or its customers of (1) changes in federal, state, or local laws and regulations and other governmental actions or policies, including changes in monetary, fiscal, tax, environmental, or energy policies; (2) the effects of changes in commodity markets, capital markets, or economic conditions; and (3) the effects of technological change, including the costs, pace of development, and commercialization of new and emerging technologies.

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Media inquiries: Neal Kirby 504-576-4238 nkirby@entergy.com Investor relations inquiries: Bill Abler 281-297-5436 wabler@entergy.com

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Third quarter 2022 earnings release appendices and financial statements

Appendices

A: Consolidated results and adjustments

B: Earnings variance analysis

C: Utility operating and financial measures

D: EWC operating and financial measures

E: Consolidated financial measures

F: Definitions and abbreviations and acronyms

G: Other GAAP to Non-GAAP reconciliations

Financial statements

Consolidating balance sheets

Consolidating income statements

Consolidated cash flow statements

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A: Consolidated results and adjustments

Appendix A-1 provides a comparative summary of consolidated earnings, including a reconciliation of as-reported earnings (GAAP) to adjusted earnings (non-GAAP).

Appendix A-1: Consolidated earnings - reconciliation of GAAP to non-GAAP measures Third quarter and year-to-date 2022 vs. 2021 (See Appendix A-2 and Appendix A-3 for details on adjustments)
	Third quarter			Year-to-date
	2022	2021	Change	2022	2021	Change
(After-tax, $ in millions)
As-reported earnings (loss)
Utility	672	570	102	1,166	1,253	(87)
Parent & Other	(92)	(65)	(28)	(244)	(181)	(63)
EWC	(19)	26	(45)	75	(212)	287
Consolidated	561	531	30	997	860	137
Less adjustments
Utility	—	11	(11)	(291)	11	(302)
Parent & Other	—	—	—	—	—	—
EWC	(19)	26	(45)	75	(212)	287
Consolidated	(19)	37	(56)	(216)	(201)	(15)
Adjusted earnings (loss) (non-GAAP)
Utility	672	559	113	1,457	1,242	215
Parent & Other	(92)	(65)	(28)	(244)	(181)	(63)
EWC	—	—	—	—	—	—
Consolidated	580	494	85	1,213	1,061	152
Estimated weather impact	21	(9)	29	86	(1)	87
Diluted average number of common shares outstanding (in millions)	205	202	3	204	202	3
(After-tax, per share in $) (a)
As-reported earnings (loss)
Utility	3.29	2.82	0.47	5.70	6.21	(0.51)
Parent & Other	(0.45)	(0.32)	(0.13)	(1.19)	(0.90)	(0.29)
EWC	(0.10)	0.13	(0.23)	0.37	(1.05)	1.42
Consolidated	2.74	2.63	0.11	4.88	4.26	0.62
Less adjustments
Utility	—	0.05	(0.05)	(1.43)	0.05	(1.48)
Parent & Other	—	—	—	—	—	—
EWC	(0.10)	0.13	(0.23)	0.37	(1.05)	1.42
Consolidated	(0.10)	0.18	(0.28)	(1.06)	(1.00)	(0.06)
Adjusted earnings (loss) (non-GAAP)
Utility	3.29	2.77	0.52	7.13	6.16	0.97
Parent & Other	(0.45)	(0.32)	(0.13)	(1.19)	(0.90)	(0.29)
EWC	—	—	—	—	—	—
Consolidated	2.84	2.45	0.39	5.94	5.26	0.68
Estimated weather impact	0.10	(0.04)	0.14	0.42	—	0.42

Calculations may differ due to rounding

a.Per share amounts are calculated by dividing the corresponding earnings (loss) by the diluted average number of common shares outstanding for the period.

See Appendix B for detailed earnings variance analysis.

Appendix A-2 and Appendix A-3 detail adjustments by business. Adjustments are included in as-reported earnings consistent with GAAP but are excluded from adjusted earnings. As a result, adjusted earnings is considered a non-GAAP measure.

Appendix A-2: Adjustments by driver (shown as positive/(negative) impact on earnings or EPS)
Third quarter and year-to-date 2022 vs. 2021
	Third quarter			Year-to-date
	2022	2021	Change	2022	2021	Change
(Pre-tax except for income taxes, preferred dividend requirements, and totals; $ in millions)
Utility
E-LA and E-TX true-up for prior year's portion of the equity component of carrying costs for 2020 storms	—	—	—	41	—	41
E-LA contribution to the LURC related to securitization	—	—	—	(32)	—	(32)
E-LA customer-sharing of securitization benefits	—	—	—	(224)	—	(224)
SERI litigation settlement regulatory charge	—	—	—	(551)	—	(551)
Gain on sale	—	15	(15)	—	15	(15)
Income tax effect on Utility adjustments above	—	(4)	4	192	(4)	196
E-LA tax benefit resulting from securitization	—	—	—	283	—	283
Total Utility	—	11	(11)	(291)	11	(302)
EWC
Income before income taxes	—	35	(35)	123	(258)	381
Income taxes	(18)	(9)	(9)	(46)	47	(94)
Preferred dividend requirements	(1)	(1)	—	(2)	(2)	—
Total EWC	(19)	26	(45)	75	(212)	287
Total adjustments	(19)	37	(56)	(216)	(201)	(15)
(After-tax, per share in $) (b)
Utility
E-LA and E-TX true-up for prior year's portion of the equity component of carrying costs for 2020 storms	—	—	—	0.17	—	0.17
E-LA contribution to the LURC related to securitization	—	—	—	(0.15)	—	(0.15)
E-LA customer-sharing of securitization benefits	—	—	—	(0.81)	—	(0.81)
SERI litigation settlement regulatory charge	—	—	—	(2.02)	—	(2.02)
E-LA tax benefit resulting from securitization	—	—	—	1.38	—	1.38
Gain on sale	—	0.05	(0.05)	—	0.05	(0.05)
Total Utility	—	0.05	(0.05)	(1.43)	0.05	(1.48)
EWC
Total EWC	(0.10)	0.13	(0.23)	0.37	(1.05)	1.42
Total adjustments	(0.10)	0.18	(0.28)	(1.06)	(1.00)	(0.06)

Calculations may differ due to rounding

b.Per share amounts are calculated by dividing the corresponding earnings (loss) by the diluted average number of common shares outstanding for the period.

Appendix A-3: Adjustments by income statement line item (shown as positive/(negative) impact on earnings)
Third quarter and year-to-date 2022 vs. 2021
(Pre-tax except for income taxes, preferred dividend requirements, and totals; $ in millions)
	Third quarter			Year-to-date
	2022	2021	Change	2022	2021	Change
Utility
Operating revenues	—	—	—	46	—	46
Other regulatory charges (credits)–net	—	—	—	(775)	—	(775)
Other income (deductions)–other	—	—	—	(37)	—	(37)
Other O&M	—	15	(15)	—	15	(15)
Income taxes	—	(4)	4	474	(4)	478
Total Utility	—	11	(11)	(291)	11	(302)
EWC
Operating revenues	62	162	(100)	301	559	(258)
Fuel and fuel-related expenses	(30)	(24)	(5)	(81)	(63)	(18)
Purchased power	(24)	(22)	(2)	(64)	(58)	(6)
Nuclear refueling outage expense	—	(11)	11	(18)	(34)	15
Other O&M	(10)	(51)	41	(94)	(233)	140
Asset write-off and impairments	—	—	—	163	(345)	509
Decommissioning expense	—	(14)	13	(28)	(106)	78
Taxes other than income taxes	(1)	(2)	1	(13)	(15)	1
Depreciation/amortization exp.	(1)	(9)	7	(13)	(36)	23
Other income (deductions)–other	6	9	(3)	(26)	84	(109)
Interest exp. and other charges	(2)	(3)	1	(5)	(11)	6
Income taxes	(18)	(9)	(9)	(46)	47	(94)
Preferred dividend requirements	(1)	(1)	—	(2)	(2)	—
Total EWC	(19)	26	(45)	75	(212)	287
Total adjustments	(19)	37	(56)	(216)	(201)	(15)

Calculations may differ due to rounding

Appendix A-4 provides a comparative summary of OCF by business.

Appendix A-4: Consolidated operating cash flow
Third quarter and year-to-date 2022 vs. 2021
($ in millions)
	Third quarter			Year-to-date
	2022	2021	Change	2022	2021	Change
Utility	1,086	1,289	(203)	1,942	2,226	(284)
Parent & Other	(36)	(68)	32	(155)	(154)	(1)
EWC	(56)	43	(100)	22	(62)	84
Consolidated	993	1,264	(271)	1,809	2,011	(202)

Calculations may differ due to rounding

OCF decreased quarter-over-quarter due to several drivers, including higher Utility fuel and purchased power payments, the wind-down of EWC, higher Utility other O&M spending, and higher Utility refueling outage spending.These decreases were partially offset by higher Utility customer receipts and lower pension contributions.

B: Earnings variance analysis

Appendix B-1 and Appendix B-2 provide details of current quarter and year-to-date 2022 versus 2021 as-reported and adjusted earnings per share variances for Utility, Parent & Other, and EWC.

Appendix B-1: As-reported and adjusted earnings per share variance analysis (c), (d), (e)
Third quarter 2022 vs. 2021
(After-tax, per share in $)
	Utility			Parent & Other			EWC		Consolidated
	As- reported	Adjusted		As-reported	Adjusted		As- reported		As- reported	Adjusted
2021 earnings (loss)	2.82	2.77		(0.32)	(0.32)		0.13		2.63	2.45
Operating revenue less: Fuel, fuel-related expenses and gas purchased for resale, Purchased power, and Regulatory charges (credits)–net	1.33	1.33	(f)	—	—		(0.42)	(g)	0.91	1.33
Nuclear refueling outage expense	(0.03)	(0.03)		—	—		0.04		0.01	(0.03)
Other O&M	(0.49)	(0.44)	(h)	(0.01)	(0.01)		0.16	(i)	(0.34)	(0.45)
Asset write-offs and impairments	—	—		—	—		—		—	—
Decommissioning expense	(0.01)	(0.01)		—	—		0.05	(j)	0.04	(0.01)
Taxes other than income taxes	(0.03)	(0.03)		—	—		—		(0.03)	(0.03)
Depreciation/amortization exp.	(0.15)	(0.15)	(k)	—	—		0.03		(0.12)	(0.15)
Other income (deductions)-other	(0.10)	(0.10)	(l)	(0.12)	(0.12)	(m)	(0.01)		(0.23)	(0.22)
Interest expense	(0.05)	(0.05)	(n)	(0.01)	(0.01)		—		(0.06)	(0.06)
Income taxes–other	0.04	0.04		—	—		(0.08)	(o)	(0.04)	0.04
Share effect	(0.04)	(0.04)		0.01	0.01		—		(0.03)	(0.03)
2022 earnings (loss)	3.29	3.29		(0.45)	(0.45)		(0.10)		2.74	2.84

h

Appendix B-2: As-reported and adjusted earnings variance analysis (c), (d), (e)
Year-to-date 2022 vs. 2021
(After-tax, per share in $)
	Utility			Parent & Other			EWC		Consolidated
	As-Reported	Adjusted		As-Reported	Adjusted		As- Reported		As- Reported	Adjusted
2021 earnings (loss)	6.21	6.16		(0.90)	(0.90)		(1.05)		4.26	5.26
Operating revenue less: Fuel, fuel-related expenses and gas purchased for resale, Purchased power, and Regulatory charges (credits)–net	(0.12)	2.51	(f)	—	—		(1.10)	(g)	(1.22)	2.51
Nuclear refueling outage expense	(0.02)	(0.02)		—	—		0.06	(p)	0.04	(0.02)
Other O&M	(0.71)	(0.66)	(h)	(0.03)	(0.03)		0.55	(i)	(0.19)	(0.69)
Asset write-offs and impairments	—	—		—	—		1.99	(q)	1.99	—
Decommissioning expense	(0.03)	(0.03)		—	—		0.31	(j)	0.28	(0.03)
Taxes other than income taxes	(0.18)	(0.18)	(r)	—	—		0.01		(0.17)	(0.18)
Depreciation/amortization exp.	(0.38)	(0.38)	(k)	—	—		0.09	(s)	(0.29)	(0.38)
Other income (deductions)–other	(0.28)	(0.10)	(l)	(0.18)	(0.18)	(m)	(0.43)	(t)	(0.89)	(0.28)
Interest exp. and other charges	(0.15)	(0.15)	(n)	(0.07)	(0.07)	(u)	0.02		(0.20)	(0.22)
Income taxes–other	1.44	0.06	(v)	(0.03)	(0.03)		(0.07)	(o)	1.34	0.03
Share effect	(0.08)	(0.08)	(w)	0.02	0.02		(0.01)		(0.07)	(0.06)

2022 earnings (loss) 5.70 7.13 (1.19) (1.19) 0.37 4.88 5.94

Calculations may differ due to rounding

c.Utility operatingrevenue / regulatory charges and Utility income taxes-other exclude the following for the return of unprotected excess ADIT to customers (net effect is neutral to earnings) ($ in millions):

3Q22	3Q21	YTD22	YTD21
16	17	50	72

d.Utility regulatory charges (credits) and Utility preferred dividend requirements and noncontrolling interest exclude the following for the effects of HLBV accounting and the approved deferral (net effect is neutral to earnings) ($ millions):

3Q22	3Q21	YTD22	YTD21
10	-	12	-

e.EPS effect is calculated by multiplying the pre-tax variance by the estimated income tax rate that is expected to apply and dividing by diluted average number of common shares outstanding for the prior period; income taxes–other represents income tax differences other than the tax effect of individual line items.

Utility as-reported operating revenue less fuel, fuel-related expenses and gas purchased for resale; purchased power; and regulatory charges (credits)-net variance analysis 2022 vs. 2021 ($ EPS)
	3Q	YTD
Volume/weather	0.34	0.80
Retail electric price	0.41	0.98
2Q21 reg. credit for E-MS lookback / true up	—	(0.07)
3Q22 reg. credit for E-MS lookback / true up	0.08	0.08
3Q21 MSS-4 ROE reserve adj.	(0.02)	(0.07)
E-LA TRAM true-up and tax deferral	0.04	0.04
E-TX MCPS relate back	0.02	0.02
2Q22 increase in provision for potential refunds in SERI complaints	—	(2.02)
2Q22 provision for customer sharing of securitization benefits	—	(0.81)
2Q22 reg. provisions for true-up of E-LA and E-TX equity carrying costs on 2020 storms	—	0.26
1Q22 reg. provisions for true-up of E-LA and E-TX cost of debt from 2020 storms	—	0.07
1Q21 reversal of reg. provision for
E-AR’s FRP 2019 netting adj.	—	(0.16)
Reg. provisions for decommissioning items	0.25	0.47
Grand Gulf recovery	0.08	0.16
Other	0.13	0.13
Total	1.33	(0.12)

f.The third quarter and year-to-date variances reflected favorable volume, including the effects of weather. Variances also reflect regulatory actions includingE-AR’s FRP; E-LA’s FRP, including riders; E-MS’s FRP; E-NO’s FRP; and E-TX’s TCRF and DCRF. The variances also included third quarter 2022 and third quarter 2021 regulatory credits at E-MS and a 2021 reserve adjustment for the FERC MSS-4 ROE decision. The variances also reflected a change in regulatory provisions for decommissioning items (the difference between expense and trust earnings plus costs collected in revenue, largely earnings neutral). The year-to-date variance included several items in second quarter 2022. A $551 million ($413 million after-tax) regulatory charge was recorded by SERI to reflect the effects of a partial settlement agreement and offer of settlement related to pending proceedings before the FERC (this item was considered an adjustment and excluded from adjusted earnings). A regulatory provision for the true-up of E-LA and E-TX cost of debt from 2020 storms was recorded, as well as $59 million in revenues ($54 million after-tax) for the

equity component of carrying charges on those storm costs ($46 million ($42 million after tax) associated with prior years was considered an adjustment and excluded from adjusted earnings). E-LA recorded a $224 million ($165 million after-tax) regulatory provision for sharing the benefits of E-LA’s securitization with customers (considered an adjustment and excluded from adjusted earnings). Other regulatory items are detailed in the table to the right.

g.The third quarter and year-to-date earnings decreases were due largely to the shutdown of Palisades in May 2022. The year-to-date variance also reflected the shutdown of Indian Point 3 in April 2021.

h.The third quarter and year-to-date earnings decreases from higher Utility other O&M were due primarily to higher power delivery expenses, including higher vegetation management costs, higher nuclear generation expenses, higher compensation and benefits costs, higher bad debt expense, higher energy efficiency costs, and higher customer service center support costs. Also contributing was a $15M pre-tax gain on sale recorded in third quarter 2021 (considered an adjustment and excluded from adjusted earnings). The year-to-date variance also included higher legal expenses and an increase in loss provisions, partially offset by higher nuclear insurance refunds.

i.The third quarter and year-to-date earnings increases from lower EWC other O&M were due largely to the shutdown of Palisades in May 2022. The year-to-date variance was also due to the shutdown of Indian Point 3 in April 2021.

j.The third quarter and year-to-date earnings increases from lower EWC decommissioning expense were due primarily to the sale of Palisades in June 2022. The year-to-date variance also reflected the sale of Indian Point in May 2021.

k.The third quarter and year-to-date earnings decreases from higher Utility depreciation expense were due primarily to higher plant in service.

l.The third quarter and year-to-date earnings decreases from lower Utility other income (deductions) were largely due to changes in decommissioning trust fund returns (based on regulatory treatment, decommissioning-related variances are largely earnings neutral). This was partially offset by higher intercompany dividend income related to the affiliate preferred investments (offset in P&O). The year-to-date variance also reflected two items that were recorded in second quarter 2022 as a result of E-LA securitization: a $32 million reduction to interest and investment income (loss) was recorded to account for LURC’s 1% beneficial interest in the trust established as part of the securitization (considered an adjustment and excluded from adjusted earnings); and an adjustment to AFUDC-equity for the approved equity component of carrying costs on 2020 storms not previously recorded (the portion relating to prior years was considered an adjustment and excluded from adjusted earnings). The year-to-date variance was partially offset by the recognition of carrying costs primarily related to Hurricane Ida and deferred fuel balances.

m.The third quarter and year-to-date earnings decreases from Parent & Other other income (deductions) was due largely tothe effects of affiliate preferred investments (offset in Utility).

n.The third quarter and year-to-date earnings decreases from higher Utility interest expense was due primarily to higher debt balances.

o.The third quarter and year-to-date earnings decreases from EWC income taxes were due largely to the accrual of an uncertain tax position as a result of a state tax audit in third quarter 2022.

p.The year-to-date earnings increase from lower EWC nuclear refueling outage expense was due to the shutdown of Indian Point 3 in April 2021 and Palisades in May 2022.

q.The year-to-date earnings increase from lower EWC asset write-offs and impairmentswas due largely to two items. In second quarter 2022, a $166 million gain ($130 million after-tax) was recorded as a result of the sale of Palisades. In second quarter 2021, a $340 million loss ($268 million after-tax) was recorded as a result of the sale of Indian Point.

r.The year-to-date earnings decrease from higher Utility taxes other than income taxes was due to increases in ad valorem, franchise, and employment taxes.

s.The year-to-date earnings increase from lower EWC depreciation expense was due primarily to the shutdown of Indian Point 3 in April 2021 and Palisades in May 2022.

t.The year-to-date earnings decrease from lower EWC other income (deductions) was due largely to the absence of earnings from nuclear decommissioning trust funds that were transferred in the sale of Indian Point in May 2021 and the performance of Palisades decommissioning trust investments, partially offset by lower non-service pension costs.

u.The year-to-date earnings decrease from higher Parent & Other interest expense was due primarily to higher interest rates and intercompany guarantee activity.

v.The year-to-date earnings increase from Utility income taxes was due largely to a second quarter 2022 $283 million income tax benefit related to securitization financing of Hurricane Laura, Hurricane Delta, Hurricane Zeta, Winter Storm Uri, and a portion of Hurricane Ida (this item was considered an adjustment and excluded from adjusted earnings). Various smaller income tax items also contributed.

w.The year-to-date earnings per share impacts from share effect were due to shares sold under the company’s ATM program.

C: Utility operating and financial measures

Appendix C provides a comparative summary of Utility operating and financial measures.

Appendix C: Utility operating and financial measures
Third quarter and year-to-date 2022 vs. 2021
	Third quarter				Year-to-date
	2022	2021	% Change	% Weather adjusted (v)		2022	2021	% Change	% Weather adjusted (v)
GWh sold
Residential	11,272	10,545	6.9	3.9		29,218	27,695	5.5	0.5
Commercial	8,223	7,649	7.5	5.8		21,697	20,490	5.9	5.3
Governmental	702	648	8.3	9.4		1,928	1,845	4.4	4.5
Industrial	13,926	13,020	7.0	7.0		39,903	37,399	6.7	6.7
Total retail sales	34,123	31,862	7.1	5.7		92,746	87,429	6.1	4.3
Wholesale	4,809	4,350	10.6			12,371	13,365	(7.4)
Total sales	38,932	36,212	7.5			105,117	100,794	4.3
Number of electric retail customers
Residential						2,561,441	2,548,865	0.5
Commercial						366,351	365,364	0.3
Governmental						18,055	17,922	0.7
Industrial						50,721	50,579	0.3
Total retail customers						2,996,568	2,982,730	0.5
Other O&M and refueling outage expense per MWh	$20.95	$18.67	12.2			$21.23	$20.19	5.2

Calculations may differ due to rounding

x.The effects of weather were estimated using heating degree days and cooling degree days for the period from certain locations within each jurisdiction and comparing to “normal” weather based on 20-year historical data. The models used to estimate weather are updated periodically and are subject to change.

For the quarter, retail sales volume increased across all customer classes, largely due to prior year Hurricane Ida impacts. The increase in industrial usage was due to an increase in demand from new and expansion projects, primarily in the chemicals, petroleum refining, and transportation industries, and an increase in demand from small industrial and cogeneration customers.

D: EWC operating and financial measures

Appendix D-1 provides a comparative summary of EWC operating and financial measures.

Appendix D-1: EWC operating and financial measures
Third quarter and year-to-date 2022 vs. 2021
	Third quarter			Year-to-date
	2022	2021	% Change	2022	2021	% Change
Owned capacity (MW) (w)	394	1,205	(67)	394	1,205	(67)
GWh billed	577	2,166	(73)	4,172	9,265	(55)
EWC Nuclear Fleet
Capacity factor	—	97%	(100)	93%	97%	(4)
GWh billed	—	1,702	(100)	2,741	8,046	(66)
Production cost per MWh	—	$28.91	(100)	$26.93	$23.32	15
Average energy/capacity revenue per MWh	—	$69.35	(100)	$49.00	$54.79	(11)

Calculations may differ due to rounding    

y.2022 excludes the Palisades plant (811 MW) which was shut down on 5/2022.

Appendix D-2 provides a comparative summary of EWC adjusted EBITDA (non-GAAP).

Appendix D-2: EWC adjusted EBITDA - reconciliation of GAAP to Non-GAAP measures
Third quarter and year-to-date 2022 vs. 2021
($ in millions)	Third quarter			Year-to-date
	2022	2021	Change	2022	2021	Change
Net income (loss)	(19)	26	(45)	77	(210)	287
Add back: interest expense	2	3	(1)	5	11	(6)
Add back: income taxes	18	9	9	46	(47)	94
Add back: depreciation and amortization	1	9	(7)	13	36	(23)
Subtract: interest and investment income	3	3	—	(38)	100	(139)
Add back: decommissioning expense	—	14	(13)	28	106	(78)
Adjusted EBITDA (non-GAAP)	—	57	(58)	207	(205)	412

Calculations may differ due to rounding

E: Consolidated financial measures

Appendix E provides comparative financial measures. Financial measures in this table include those calculated and presented in accordance with GAAP, as well as those that are considered non-GAAP financial measures.

Appendix E: GAAP and non-GAAP financial measures
Third quarter 2022 vs. 2021 (See Appendix G for reconciliation of GAAP to non-GAAP financial measures)
For 12 months ending September 30	2022	2021	Change
GAAP measure
As-reported ROE	10.8%	11.3%	(0.5)%
Non-GAAP measure
Adjusted ROE	11.7%	10.9%	0.8%
As of September 30 ($ in millions, except where noted)	2022	2021	Change
GAAP measures
Cash and cash equivalents	1,003	1,000	3
Available revolver capacity	4,191	3,925	266
Commercial paper	1,386	1,006	380
Total debt	27,677	25,695	1,982
Securitization debt	311	90	221
Debt to capital	69%	69%	-
Off-balance sheet liabilities:
Debt of joint ventures – Entergy’s share	-	9	(9)
Total off-balance sheet liabilities	-	9	(9)
Storm escrow balances	325	33	291
Non-GAAP measures ($ in millions, except where noted)
Debt to capital, excluding securitization debt	69%	69%	-
Net debt to net capital, excluding securitization debt	68%	68%	-
Gross liquidity	5,195	4,925	270
Net liquidity	3,809	3,919	(110)
Net liquidity, including storm escrow balances	4,133	3,952	181
Parent debt to total debt, excluding securitization debt	20.3%	23.4%	(3.1)%
FFO to debt, excluding securitization debt	12.2%	9.7%	2.6%
FFO to debt, excluding securitization debt, return of unprotected excess ADIT, and severance and retention payments associated with the exit of EWC	12.6%	10.6%	2.0%

Calculations may differ due to rounding

F: Definitions and abbreviations and acronyms

Appendix F-1 provides definitions of certain operating measures, as well as GAAP and non-GAAP financial measures.

Appendix F-1: Definitions
Utility operating and financial measures
GWh sold		Total number of GWh sold to retail and wholesale customers
Number of electric retail customers		Average number of electric customers over the period
Other O&M and refueling outage expense per MWh		Other operation and maintenance expense plus nuclear refueling outage expense per MWh of total sales
EWC Operating and financial measures
Adjusted EBITDA (non-GAAP)		Earnings before interest, income taxes, and depreciation and amortization, and excluding decommissioning expense
Capacity factor		Normalized percentage of the period that the nuclear plants generate power
GWh billed		Total number of GWh billed to customers and financially-settled instruments
Owned capacity (MW)		Installed capacity owned by EWC
Production cost per MWh		Fuel and other O&M expenses according to accounting standards that directly relate to the production of electricity per MWh (based on net generation)
Financial measures – GAAP
As-reported ROE	12-months rolling net income attributable to Entergy Corp. divided by avg. common equity
Debt of joint ventures – Entergy’s share	Entergy’s share of debt issued by business joint ventures at EWC
Debt to capital	Total debt divided by total capitalization
Available revolver capacity	Amount of undrawn capacity remaining on corporate and subsidiary revolvers
Securitization debt	Debt on the balance sheet associated with securitization bonds that is secured by certain future customer collections
Total debt	Sum of short-term and long-term debt, notes payable and commercial paper, and finance leases on the balance sheet

Financial measures – non-GAAP
Adjusted EPS	As-reported EPS excluding adjustments
Adjusted ROE	12-months rolling adjusted net income attributable to Entergy Corp. divided by avg. common equity
Adjustments	Unusual or non-recurring items or events or other items or events that management believes do not reflect the ongoing business of Entergy, such as the results of the EWC segment, significant tax items, and other items such as certain costs, expenses, or other specified items
Debt to capital, excluding securitization debt	Total debt divided by total capitalization, excluding securitization debt
FFO	OCF less AFUDC-borrowed funds, working capital items in OCF (receivables, fuel inventory, accounts payable, taxes accrued, interest accrued, and other working capital accounts), and securitization regulatory charges
FFO to debt, excluding securitization debt	12-months rolling FFO as a percentage of end of period total debt excl. securitization debt
FFO to debt, excl. securitization debt, return of unprotected excess ADIT, and severance and retention payments associated with the exit of EWC	12-months rolling FFO excluding return of unprotected excess ADIT and severance and retention payments associated with the exit of EWC as a percentage of end of period total debt excluding securitization debt
Gross liquidity	Sum of cash and available revolver capacity
Net debt to net capital, excl. securitization debt	Total debt less cash and cash equivalents divided by total capitalization less cash and cash equivalents, excluding securitization debt
Net liquidity	Sum of cash and available revolver capacity less commercial paper borrowing
Net liquidity, including storm escrows	Sum of cash, available revolver capacity, and escrow accounts available for certain storm expenses, less commercial paper borrowing
Parent debt to total debt, excl. securitization debt	Entergy Corp. debt, incl. amounts drawn on credit revolver and commercial paper facilities, as a percent of consolidated total debt, excl. securitization debt

Appendix F-2 explains abbreviations and acronyms used in the quarterly earnings materials.

Appendix F-2: Abbreviations and acronyms
ADIT	Accumulated deferred income taxes	IPEC or	Indian Point Energy Center (nuclear)
AFUDC	Allowance for funds used during construction	Indian Point	(sold 5/28/21)
AFUDC – borrowed funds	Allowance for borrowed funds used during construction	IRAR	Interim rate adjustment rider
ALJ	Administrative law judge	ISES 2	Unit 2 of Independence Steam Electric Station (coal)
AMI	Advanced metering infrastructure	LMP	Locational marginal price
APSC	Arkansas Public Service Commission	LNG	Liquified natural gas
ARO	Asset retirement obligation	LPSC	Louisiana Public Service Commission
ATM	At the market equity issuance program	LTM	Last twelve months
bbl	Barrels	LURC	Louisiana Utility Restoration Corporation
Bcf/D	Billion cubic feet per day	MISO	Midcontinent Independent System Operator, Inc.
bps	Basis points	MMBtu	Million British thermal units
CAMT	Corporate alternative minimum tax	Moody’s	Moody’s Investor Service
CCCT	Combined cycle combustion turbine	MPSC	Mississippi Public Service Commission
CCGT	Combined cycle gas turbine	MTEP	MISO Transmission Expansion Plan
CCNO	Council of the City of New Orleans	NBP	National Balancing Point
CFO	Cash from operations	NDT	Nuclear decommissioning trust
COD	Commercial operation date	Nelson 6	Unit 6 of Roy S. Nelson plant (coal)
DCRF	Distribution cost recovery factor	NRC	U.S. Nuclear Regulatory Commission
DOE	U.S. Department of Energy	NYSE	New York Stock Exchange
DSM	Demand side management	OCAPS	Orange County Advanced Power Station
E-AR	Entergy Arkansas, LLC	OCF	Net cash flow provided by operating activities
E-LA	Entergy Louisiana, LLC	OpCo	Utility operating company
E-MS	Entergy Mississippi, LLC	OPEB	Other post-employment benefits
E-NO	Entergy New Orleans, LLC	Other O&M	Other non-fuel operation and maintenance expense
E-TX	Entergy Texas, Inc.	P&O	Parent & Other
EBITDA	Earnings before interest, income taxes, and depreciation and amortization	Palisades	Palisades Power Plant (nuclear) (shut down May 2022, sold June 2022)
EPC	Engineering, procurement, and construction	PMR	Performance Management Rider
EPS	Earnings per share	PPA	Power purchase agreement or purchased power agreement
ETR	Entergy Corporation	PCT	Production tax credit
EWC	Entergy Wholesale Commodities	PUCT	Public Utility Commission of Texas
FERC	Federal Energy Regulatory Commission	RFP	Request for proposals
FFO	Funds from operations	ROE	Return on equity
FIN 48	FASB Interpretation No.48, “Accounting for Uncertainty in Income Taxes”	RS Cogen	RS Cogen facility (CCGT cogeneration) (sold 10/31/22)
FRP	Formula rate plan	RSP	Rate Stabilization Plan (E-LA Gas)
GAAP	U.S. generally accepted accounting principles	S&P	Standard & Poor’s
GCRR	Generation Cost Recovery Rider	SEC	U.S. Securities and Exchange Commission
Grand Gulf or GGNS	Unit 1 of Grand Gulf Nuclear Station (nuclear), 90% owned or leased by SERI	SERI	System Energy Resources, Inc.
HLBV	Hypothetical liquidation at book value	TCRF	Transmission cost recovery factor
IIRR-G	Infrastructure investment recovery rider – gas	TRAM	Tax reform adjustment mechanism
Indian Point 3	Indian Point Energy Center Unit 3 (nuclear)	UPSA	Unit Power Sales Agreement
or IP3	(shut down April 2021, sold May 2021)	WACC	Weighted-average cost of capital

G: Other GAAP to non-GAAP reconciliations

Appendix G-1, Appendix G-2, and Appendix G-3 provide reconciliations of various non-GAAP financial measures disclosed in this news release to their most comparable GAAP measure.

Appendix G-1: Reconciliation of GAAP to non-GAAP financial measures – ROE
(LTM $ in millions except where noted)		Third quarter
		2022	2021
As-reported net income (loss) attributable to Entergy Corporation	(A)	1,256	1,248
Adjustments	(B)	(112)	45
Adjusted earnings (non-GAAP)	(A-B)	1,368	1,202
Average common equity (average of beginning and ending balances)	(C)	11,674	11,012
As-reported ROE	(A/C)	10.8%	11.3%
Adjusted ROE (non-GAAP)	[(A-B)/C]	11.7%	10.9%

Calculations may differ due to rounding

Appendix G-2: Reconciliation of GAAP to non-GAAP financial measures – debt ratios excluding securitization debt; gross liquidity; net liquidity; net liquidity, including storm escrows
($ in millions except where noted)		Third quarter
		2022	2021
Total debt	(A)	27,677	25,695
Less securitization debt	(B)	311	90
Total debt, excluding securitization debt	(C)	27,366	25,606
Less cash and cash equivalents	(D)	1,003	1,000
Net debt, excluding securitization debt	(E)	26,362	24,605
Commercial paper	(F)	1,386	1,006
Total capitalization	(G)	40,091	37,202
Less securitization debt	(B)	311	90
Total capitalization, excluding securitization debt	(H)	39,780	37,112
Less cash and cash equivalents	(D)	1,003	1,000
Net capital, excluding securitization debt	(I)	38,776	36,112
Debt to capital	(A/G)	69%	69%
Debt to capital, excluding securitization debt (non-GAAP)	(C/H)	69%	69%
Net debt to net capital, excluding securitization debt (non-GAAP)	(E/I)	68%	68%
Available revolver capacity	(J)	4,191	3,925
Storm escrows	(K)	325	33
Gross liquidity (non-GAAP)	(D+J)	5,195	4,925
Net liquidity (non-GAAP)	(D+J-F)	3,809	3,919
Net liquidity, including storm escrows (non-GAAP)	(D+J-F+K)	4,133	3,952
Entergy Corporation notes:
Due July 2022		-	650
Due September 2025		800	800
Due September 2026		750	750
Due June 2028		650	650
Due June 2030		600	600
Due June 2031		650	650
Due June 2050		600	600
Total Entergy Corporation notes	(L)	4,050	4,700
Revolver draw	(M)	150	325
Unamortized debt issuance costs and discounts	(N)	(44)	(51)
Total parent debt	(F+L+M+N)	5,542	5,981
Parent debt to total debt, excluding securitization debt (non-GAAP)	[(F+L+M+N)/C]	20.3%	23.4%

Calculations may differ due to rounding

Appendix G-3: Reconciliation of GAAP to non-GAAP financial measures – FFO to debt, excluding securitization debt; FFO to debt, excluding securitization debt, return of unprotected excess ADIT, and severance and retention payments associated with the exit of EWC
($ in millions except where noted)		Third quarter
		2022	2021
Total debt	(A)	27,677	25,695
Less securitization debt	(B)	311	90
Total debt, excluding securitization debt	(C)	27,366	25,606
Net cash flow provided by operating activities, LTM	(D)	2,099	2,331
AFUDC – borrowed funds, LTM	(E)	(28)	(34)
Working capital items in net cash flow provided by operating activities, LTM:
Receivables		(208)	(183)
Fuel inventory		(9)	20
Accounts payable		(153)	326
Taxes accrued		49	20
Interest accrued		(2)	26
Deferred fuel costs		(931)	(358)
Other working capital accounts		(84)	(124)
Securitization regulatory charges, LTM		67	98
Total	(F)	(1,271)	(175)
FFO, LTM (non-GAAP)	(G)=(D+E-F)	3,342	2,472
FFO to debt, excluding securitization debt (non-GAAP)	(G/C)	12.2%	9.7%
Estimated return of unprotected excess ADIT, LTM	(H)	68	85
Severance and retention payments associated with exit of EWC, LTM pre-tax	(I)	40	158
FFO to debt, excluding securitization debt, return of unprotected excess ADIT, and severance and retention payments associated with the exit of EWC (non-GAAP)	[(G+H+I)/(C)]	12.6%	10.6%

Calculations may differ due to rounding

Financial Statements

Entergy Corporation
Consolidating Balance Sheet
September 30, 2022
(Dollars in thousands)
(Unaudited)
	Utility		Parent & Other		Entergy Wholesale Commodities		Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents:
Cash	$	75,266	$	2,167	$	3,262	$	80,695
Temporary cash investments	757,046		59,153		106,597		922,796
Total cash and cash equivalents	832,312		61,320		109,859		1,003,491
Notes receivable	—		(75,000)		75,000		—
Accounts receivable:
Customer	955,138		—		—		955,138
Allowance for doubtful accounts	(30,723)		—		—		(30,723)
Associated companies	10,106		(11,670)		1,564		—
Other	213,431		—		30,683		244,114
Accrued unbilled revenues	538,232		—		—		538,232
Total accounts receivable	1,686,184		(11,670)		32,247		1,706,761
Deferred fuel costs	1,138,041		—		—		1,138,041
Fuel inventory - at average cost	129,701		—		5,441		135,142
Materials and supplies - at average cost	1,125,302		—		4,183		1,129,485
Deferred nuclear refueling outage costs	141,012		—		—		141,012
Prepayments and other	327,057		(79,828)		8,644		255,873
TOTAL	5,379,609		(105,178)		235,374		5,509,805
OTHER PROPERTY AND INVESTMENTS
Investment in affiliates	3,237,185		(3,237,271)		22,162		22,076
Decommissioning trust funds	3,910,411		—		—		3,910,411
Non-utility property - at cost (less accumulated depreciation)	351,980		(16)		8,745		360,709
Other	365,940		49,916		8,732		424,588
TOTAL	7,865,516		(3,187,371)		39,639		4,717,784
PROPERTY, PLANT, AND EQUIPMENT
Electric	63,739,717		5,230		202,120		63,947,067
Natural gas	682,645		—		—		682,645
Construction work in progress	1,876,624		342		1,461		1,878,427
Nuclear fuel	526,773		—		—		526,773
TOTAL PROPERTY, PLANT, AND EQUIPMENT	66,825,759		5,572		203,581		67,034,912
Less - accumulated depreciation and amortization	25,165,628		200		150,237		25,316,065
PROPERTY, PLANT, AND EQUIPMENT - NET	41,660,131		5,372		53,344		41,718,847
DEFERRED DEBITS AND OTHER ASSETS
Regulatory assets:
Other regulatory assets	6,026,128		—		—		6,026,128
Deferred fuel costs	241,085		—		—		241,085
Goodwill	374,099		—		3,073		377,172
Accumulated deferred income taxes	81,792		272		7,784		89,848
Other	155,809		12,166		126,651		294,626
TOTAL	6,878,913		12,438		137,508		7,028,859
TOTAL ASSETS	$	61,784,169	$	(3,274,739)	$	465,865	$	58,975,295
*Totals may not foot due to rounding.

Entergy Corporation
Consolidating Balance Sheet
September 30, 2022
(Dollars in thousands)
(Unaudited)
	Utility		Parent & Other		Entergy Wholesale Commodities		Consolidated
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Currently maturing long-term debt	$	1,445,037	$	—	$	139,000	$	1,584,037
Notes payable and commercial paper:
Other	—		1,386,632		—		1,386,632
Account payable:
Associated companies	29,670		(28,221)		(1,449)		—
Other	1,733,624		103		10,519		1,744,246
Customer deposits	417,132		—		—		417,132
Taxes accrued	492,272		57,181		(40,071)		509,382
Interest accrued	206,917		22,309		286		229,512
Pension and other postretirement liabilities	52,691		—		13,225		65,916
Current portion of unprotected excess accumulated
deferred income taxes	2,660		—		—		2,660
Other	207,043		1,916		6,399		215,358
TOTAL	4,587,046		1,439,920		127,909		6,154,875
NON-CURRENT LIABILITIES
Accumulated deferred income taxes and taxes accrued	5,736,797		(592,359)		(467,162)		4,677,276
Accumulated deferred investment tax credits	208,239		—		—		208,239
Regulatory liability for income taxes - net	1,225,190		—		—		1,225,190
Other regulatory liabilities	2,608,757		—		—		2,608,757
Decommissioning and retirement cost liabilities	4,224,331		—		603		4,224,934
Accumulated provisions	454,665		—		299		454,964
Pension and other postretirement liabilities	1,422,875		—		270,729		1,693,604
Long-term debt	20,480,238		4,155,704		—		24,635,942
Other	1,071,465		(452,779)		59,152		677,838
TOTAL	37,432,557		3,110,566		(136,379)		40,406,744
Subsidiaries' preferred stock without sinking fund	195,161		—		24,249		219,410
EQUITY
Preferred stock, no par value, authorized 1,000,000 shares;
issued shares in 2022 - none	—		—		—		—
Common stock, $.01 par value, authorized 499,000,000 shares;
issued 271,965,510 shares in 2022	2,323,748		(2,522,129)		201,101		2,720
Paid-in capital	3,953,193		(1,541,677)		4,353,597		6,765,113
Retained earnings	13,356,883		1,101,750		(3,837,326)		10,621,307
Accumulated other comprehensive loss	(46,084)		—		(267,286)		(313,370)
Less - treasury stock, at cost (68,483,278 shares in 2022)	120,000		4,859,419		—		4,979,419
TOTAL COMMON SHAREHOLDERS' EQUITY	19,467,740		(7,821,475)		450,086		12,096,351
Subsidiaries' preferred stock without sinking fund
and noncontrolling interest	101,665		(3,750)		—		97,915
TOTAL	19,569,405		(7,825,225)		450,086		12,194,266
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$	61,784,169	$	(3,274,739)	$	465,865	$	58,975,295
*Totals may not foot due to rounding.

Entergy Corporation
Consolidating Balance Sheet
December 31, 2021
(Dollars in thousands)
(Unaudited)
	Utility		Parent & Other		Entergy Wholesale Commodities		Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents:
Cash	$	40,303	$	3,144	$	1,497	$	44,944
Temporary cash investments	270,947		8,126		118,542		397,615
Total cash and cash equivalents	311,250		11,270		120,039		442,559
Notes receivable	—		(84,000)		84,000		—
Accounts receivable:
Customer	747,423		—		39,443		786,866
Allowance for doubtful accounts	(68,608)		—		—		(68,608)
Associated companies	12,448		(13,069)		621		—
Other	137,817		345		93,681		231,843
Accrued unbilled revenues	420,255		—		—		420,255
Total accounts receivable	1,249,335		(12,724)		133,745		1,370,356
Deferred fuel costs	324,394		—		—		324,394
Fuel inventory - at average cost	149,817		—		4,758		154,575
Materials and supplies - at average cost	1,022,137		—		19,378		1,041,515
Deferred nuclear refueling outage costs	115,024		—		18,398		133,422
Prepayments and other	162,559		(16,251)		10,466		156,774
TOTAL	3,334,516		(101,705)		390,784		3,623,595
OTHER PROPERTY AND INVESTMENTS
Investment in affiliates	1,482,963		(1,483,049)		22,090		22,004
Decommissioning trust funds	4,938,194		—		575,822		5,514,016
Non-utility property - at cost (less accumulated depreciation)	344,427		(14)		13,163		357,576
Other	82,118		46,339		8,994		137,451
TOTAL	6,847,702		(1,436,724)		620,069		6,031,047
PROPERTY, PLANT, AND EQUIPMENT
Electric	63,775,441		10,869		476,940		64,263,250
Natural gas	658,989		—		—		658,989
Construction work in progress	1,510,840		257		869		1,511,966
Nuclear fuel	562,910		—		14,096		577,006
TOTAL PROPERTY, PLANT, AND EQUIPMENT	66,508,180		11,126		491,905		67,011,211
Less - accumulated depreciation and amortization	24,346,483		5,968		414,600		24,767,051
PROPERTY, PLANT, AND EQUIPMENT - NET	42,161,697		5,158		77,305		42,244,160
DEFERRED DEBITS AND OTHER ASSETS
Regulatory assets:
Other regulatory assets	6,613,256		—		—		6,613,256
Deferred fuel costs	240,953		—		—		240,953
Goodwill	374,099		—		3,073		377,172
Accumulated deferred income taxes	47,641		59		6,486		54,186
Other	113,761		11,154		144,958		269,873
TOTAL	7,389,710		11,213		154,517		7,555,440
TOTAL ASSETS	$	59,733,625	$	(1,522,058)	$	1,242,675	$	59,454,242
*Totals may not foot due to rounding.

Entergy Corporation
Consolidating Balance Sheet
December 31, 2021
(Dollars in thousands)
(Unaudited)
	Utility		Parent & Other		Entergy Wholesale Commodities		Consolidated
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Currently maturing long-term debt	$	250,329	$	650,000	$	139,000	$	1,039,329
Notes payable and commercial paper:
Other	—		1,201,177		—		1,201,177
Account payable:
Associated companies	38,168		(41,588)		3,420		—
Other	2,544,419		77		65,636		2,610,132
Customer deposits	395,184		—		—		395,184
Taxes accrued	417,949		3,680		(1,801)		419,828
Interest accrued	166,149		24,506		496		191,151
Deferred fuel costs	7,607		—		—		7,607
Pension and other postretirement liabilities	55,528		—		12,808		68,336
Current portion of unprotected excess accumulated
deferred income taxes	53,385		—		—		53,385
Other	190,473		1,893		12,247		204,613
TOTAL	4,119,191		1,839,745		231,806		6,190,742
NON-CURRENT LIABILITIES
Accumulated deferred income taxes and taxes accrued	5,737,096		(477,484)		(552,815)		4,706,797
Accumulated deferred investment tax credits	211,975		—		—		211,975
Regulatory liability for income taxes - net	1,255,692		—		—		1,255,692
Other regulatory liabilities	2,643,845		—		—		2,643,845
Decommissioning and retirement cost liabilities	4,074,078		—		683,006		4,757,084
Accumulated provisions	156,823		—		299		157,122
Pension and other postretirement liabilities	1,601,648		—		347,677		1,949,325
Long-term debt	20,675,567		4,166,005		—		24,841,572
Other	1,207,314		(453,928)		61,898		815,284
TOTAL	37,564,038		3,234,593		540,065		41,338,696
Subsidiaries' preferred stock without sinking fund	195,161		—		24,249		219,410
EQUITY
Preferred stock, no par value, authorized 1,000,000 shares;
issued shares in 2021 - none	—		—		—		—
Common stock, $.01 par value, authorized 499,000,000 shares;
issued 271,965,510 shares in 2021	2,323,748		(2,522,131)		201,103		2,720
Paid-in capital	4,482,797		1,314,411		969,031		6,766,239
Retained earnings	11,149,232		(465,227)		(443,453)		10,240,552
Accumulated other comprehensive loss	(52,402)		—		(280,126)		(332,528)
Less - treasury stock, at cost (69,312,326 shares in 2021)	120,000		4,919,699		—		5,039,699
TOTAL COMMON SHAREHOLDERS' EQUITY	17,783,375		(6,592,646)		446,555		11,637,284
Subsidiaries' preferred stock without sinking fund
and noncontrolling interest	71,860		(3,750)		—		68,110
TOTAL	17,855,235		(6,596,396)		446,555		11,705,394
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$	59,733,625	$	(1,522,058)	$	1,242,675	$	59,454,242
*Totals may not foot due to rounding.

Entergy Corporation
Consolidating Income Statement
Three Months Ended September 30, 2022
(Dollars in thousands)
(Unaudited)
	Utility		Parent & Other		Entergy Wholesale Commodities		Consolidated
OPERATING REVENUES
Electric	$	4,110,068	$	(10)	$	—	$	4,110,058
Natural gas	46,548		—		—		46,548
Competitive businesses	—		—		62,009		62,009
Total	4,156,616		(10)		62,009		4,218,615
OPERATING EXPENSES
Operating and Maintenance:
Fuel, fuel related expenses, and gas purchased for resale	1,337,209		(10)		29,612		1,366,811
Purchased power	390,588		10		24,468		415,066
Nuclear refueling outage expenses	39,707		—		—		39,707
Other operation and maintenance	775,971		7,228		9,946		793,145
Asset write-offs, impairments, and related charges (credits)	—		—		(143)		(143)
Decommissioning	49,253		—		10		49,263
Taxes other than income taxes	188,998		237		821		190,056
Depreciation and amortization	451,554		300		1,434		453,288
Other regulatory charges (credits) - net	(43,283)		—		—		(43,283)
Total	3,189,997		7,765		66,148		3,263,910
OPERATING INCOME	966,619		(7,775)		(4,139)		954,705
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	20,245		—		—		20,245
Interest and investment income	55,807		(56,031)		3,190		2,966
Miscellaneous - net	(10,287)		(2,771)		2,596		(10,462)
Total	65,765		(58,802)		5,786		12,749
INTEREST EXPENSE
Interest expense	194,996		38,186		2,140		235,322
Allowance for borrowed funds used during construction	(7,862)		—		—		(7,862)
Total	187,134		38,186		2,140		227,460
INCOME BEFORE INCOME TAXES	845,250		(104,763)		(493)		739,994
Income taxes	178,088		(12,228)		18,252		184,112
CONSOLIDATED NET INCOME	667,162		(92,535)		(18,745)		555,882
Preferred dividend requirements of subsidiaries and noncontrolling interest	(5,206)		(48)		547		(4,707)
NET INCOME ATTRIBUTABLE TO ENTERGY CORPORATION	$	672,368	$	(92,487)	$	(19,292)	$	560,589
EARNINGS PER AVERAGE COMMON SHARE:
BASIC	$3.31		($0.45)		($0.10)		$2.76
DILUTED	$3.29		($0.45)		($0.10)		$2.74
AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:
BASIC							203,445,773
DILUTED							204,578,013
*Totals may not foot due to rounding.

Entergy Corporation
Consolidating Income Statement
Three Months Ended September 30, 2021
(Dollars in thousands)
(Unaudited)
	Utility		Parent & Other		Entergy Wholesale Commodities		Consolidated
OPERATING REVENUES
Electric	$	3,159,986	$	(17)	$	—	$	3,159,969
Natural gas	31,254		—		—		31,254
Competitive businesses	—		34		162,275		162,309
Total	3,191,240		17		162,275		3,353,532
OPERATING EXPENSES
Operating and Maintenance:
Fuel, fuel related expenses, and gas purchased for resale	713,560		(7)		24,232		737,785
Purchased power	289,180		7		22,145		311,332
Nuclear refueling outage expenses	32,006		—		11,303		43,309
Other operation and maintenance	643,942		5,713		50,940		700,595
Asset write-offs, impairments, and related charges	—		—		(139)		(139)
Decommissioning	46,857		—		13,507		60,364
Taxes other than income taxes	180,060		209		2,078		182,347
Depreciation and amortization	412,308		705		8,732		421,745
Other regulatory charges (credits) - net	68,324		—		—		68,324
Total	2,386,237		6,627		132,798		2,525,662
OPERATING INCOME	805,003		(6,610)		29,477		827,870
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	17,180		—		—		17,180
Interest and investment income	104,946		(32,738)		2,904		75,112
Miscellaneous - net	(20,713)		(1,785)		5,701		(16,797)
Total	101,413		(34,523)		8,605		75,495
INTEREST EXPENSE
Interest expense	179,657		33,773		3,182		216,612
Allowance for borrowed funds used during construction	(7,112)		—		—		(7,112)
Total	172,545		33,773		3,182		209,500
INCOME (LOSS) BEFORE INCOME TAXES	733,871		(74,906)		34,900		693,865
Income taxes	159,472		(10,026)		8,836		158,282
CONSOLIDATED NET INCOME (LOSS)	574,399		(64,880)		26,064		535,583
Preferred dividend requirements of subsidiaries	4,033		—		547		4,580
NET INCOME (LOSS) ATTRIBUTABLE TO ENTERGY CORPORATION	$	570,366	$	(64,880)	$	25,517	$	531,003
EARNINGS (LOSS) PER AVERAGE COMMON SHARE:
BASIC	$2.84		($0.33)		$0.13		$2.64
DILUTED	$2.82		($0.32)		$0.13		$2.63
AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:
BASIC							200,963,049
DILUTED							202,003,329
*Totals may not foot due to rounding.

Entergy Corporation
Consolidating Income Statement
Nine Months Ended September 30, 2022
(Dollars in thousands)
(Unaudited)
	Utility		Parent & Other		Entergy Wholesale Commodities		Consolidated
OPERATING REVENUES
Electric	$	10,024,124	$	(35)	$	—	$	10,024,089
Natural gas	166,917		—		—		166,917
Competitive businesses	—		11		300,720		300,731
Total	10,191,041		(24)		300,720		10,491,737
OPERATING EXPENSES
Operating and Maintenance:
Fuel, fuel related expenses, and gas purchased for resale	2,605,211		(25)		80,508		2,685,694
Purchased power	1,191,495		25		63,798		1,255,318
Nuclear refueling outage expenses	101,211		—		18,414		119,625
Other operation and maintenance	2,130,232		25,801		93,641		2,249,674
Asset write-offs, impairments, and related charges (credits)	—		—		(163,464)		(163,464)
Decommissioning	145,937		—		28,234		174,171
Taxes other than income taxes	528,479		863		13,106		542,448
Depreciation and amortization	1,323,348		649		13,022		1,337,019
Other regulatory charges (credits) - net	689,355		—		—		689,355
Total	8,715,268		27,313		147,259		8,889,840
OPERATING INCOME	1,475,773		(27,337)		153,461		1,601,897
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	49,685		—		—		49,685
Interest and investment income (loss)	52,627		(132,477)		(38,152)		(118,002)
Miscellaneous - net	28,155		(8,036)		12,601		32,720
Total	130,467		(140,513)		(25,551)		(35,597)
INTEREST EXPENSE
Interest expense	576,341		113,148		5,069		694,558
Allowance for borrowed funds used during construction	(18,710)		—		—		(18,710)
Total	557,631		113,148		5,069		675,848
INCOME BEFORE INCOME TAXES	1,048,609		(280,998)		122,841		890,452
Income taxes	(118,257)		(37,117)		46,340		(109,034)
CONSOLIDATED NET INCOME	1,166,866		(243,881)		76,501		999,486
Preferred dividend requirements of subsidiaries and noncontrolling interest	1,297		(144)		1,641		2,794
NET INCOME ATTRIBUTABLE TO ENTERGY CORPORATION	$	1,165,569	$	(243,737)	$	74,860	$	996,692
EARNINGS PER AVERAGE COMMON SHARE:
BASIC	$5.73		($1.20)		$0.37		$4.90
DILUTED	$5.70		($1.19)		$0.37		$4.88
AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:
BASIC							203,259,373
DILUTED							204,357,916
*Totals may not foot due to rounding.

Entergy Corporation
Consolidating Income Statement
Nine Months Ended September 30, 2021
(Dollars in thousands)
(Unaudited)
	Utility		Parent & Other		Entergy Wholesale Commodities		Consolidated
OPERATING REVENUES
Electric	$	8,339,821	$	(57)	$	—	$	8,339,764
Natural gas	121,420		—		—		121,420
Competitive businesses	—		106		559,150		559,256
Total	8,461,241		49		559,150		9,020,440
OPERATING EXPENSES
Operating and Maintenance:
Fuel, fuel related expenses, and gas purchased for resale	1,802,069		(28)		62,975		1,865,016
Purchased power	885,705		28		57,705		943,438
Nuclear refueling outage expenses	97,172		—		33,575		130,747
Other operation and maintenance	1,937,548		17,747		233,203		2,188,498
Asset write-offs, impairments, and related charges	—		—		345,226		345,226
Decommissioning	138,777		—		106,428		245,205
Taxes other than income taxes	479,630		797		14,533		494,960
Depreciation and amortization	1,220,090		2,008		35,711		1,257,809
Other regulatory charges (credits) - net	45,464		—		—		45,464
Total	6,606,455		20,552		889,356		7,516,363
OPERATING INCOME	1,854,786		(20,503)		(330,206)		1,504,077
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	48,629		—		—		48,629
Interest and investment income	287,576		(98,207)		100,388		289,757
Miscellaneous - net	(118,512)		(5,544)		(16,515)		(140,571)
Total	217,693		(103,751)		83,873		197,815
INTEREST EXPENSE
Interest expense	537,068		94,345		11,426		642,839
Allowance for borrowed funds used during construction	(20,088)		—		—		(20,088)
Total	516,980		94,345		11,426		622,751
INCOME BEFORE INCOME TAXES	1,555,499		(218,599)		(257,759)		1,079,141
Income taxes	290,566		(37,459)		(47,299)		205,808
CONSOLIDATED NET INCOME	1,264,933		(181,140)		(210,460)		873,333
Preferred dividend requirements of subsidiaries	12,098		—		1,641		13,739
NET INCOME ATTRIBUTABLE TO ENTERGY CORPORATION	$	1,252,835	$	(181,140)	$	(212,101)	$	859,594
EARNINGS PER AVERAGE COMMON SHARE:
BASIC	$6.24		($0.90)		($1.06)		$4.28
DILUTED	$6.21		($0.90)		($1.05)		$4.26
AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:
BASIC							200,756,267
DILUTED							201,568,508
*Totals may not foot due to rounding.

Entergy Corporation
Consolidating Income Statement
Twelve Months Ended September 30, 2022
(Dollars in thousands)
(Unaudited)
	Utility		Parent & Other		Entergy Wholesale Commodities		Consolidated
OPERATING REVENUES
Electric	$	12,558,367	$	(47)	$	—	$	12,558,320
Natural gas	216,107		—		—		216,107
Competitive businesses	—		32		439,734		439,766
Total	12,774,474		(15)		439,734		13,214,193
OPERATING EXPENSES
Operating and Maintenance:
Fuel, fuel related expenses, and gas purchased for resale	3,178,599		(26)		100,202		3,278,775
Purchased power	1,504,546		26		78,985		1,583,557
Nuclear refueling outage expenses	131,796		—		29,718		161,514
Other operation and maintenance	2,849,709		33,123		146,965		3,029,797
Asset write-offs, impairments, and related charges (credits)	—		—		(245,065)		(245,065)
Decommissioning	193,398		—		41,978		235,376
Taxes other than income taxes	691,453		559		15,766		707,778
Depreciation and amortization	1,740,410		1,345		21,740		1,763,495
Other regulatory charges (credits) - net	755,519		—		—		755,519
Total	11,045,430		35,027		190,289		11,270,746
OPERATING INCOME	1,729,044		(35,042)		249,445		1,943,447
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	71,528		—		—		71,528
Interest and investment income	207,868		(165,218)		(19,943)		22,707
Miscellaneous - net	(29,981)		(10,512)		12,006		(28,487)
Total	249,415		(175,730)		(7,937)		65,748
INTEREST EXPENSE
Interest expense	760,294		148,158		6,978		915,430
Allowance for borrowed funds used during construction	(27,639)		—		—		(27,639)
Total	732,655		148,158		6,978		887,791
INCOME BEFORE INCOME TAXES	1,245,804		(358,930)		234,530		1,121,404
Income taxes	(144,615)		(47,111)		68,258		(123,468)
CONSOLIDATED NET INCOME	1,390,419		(311,819)		166,272		1,244,872
Preferred dividend requirements of subsidiaries and noncontrolling interest	(12,734)		(172)		2,188		(10,718)
NET INCOME ATTRIBUTABLE TO ENTERGY CORPORATION	$	1,403,153	$	(311,647)	$	164,084	$	1,255,590
EARNINGS PER AVERAGE COMMON SHARE:
BASIC	$6.92		($1.54)		$0.81		$6.19
DILUTED	$6.88		($1.53)		$0.81		$6.16
AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:
BASIC							202,813,697
DILUTED							203,901,896
*Totals may not foot due to rounding.

Entergy Corporation
Consolidating Income Statement
Twelve Months Ended September 30, 2021
(Dollars in thousands)
(Unaudited)
	Utility		Parent & Other		Entergy Wholesale Commodities		Consolidated
OPERATING REVENUES
Electric	$	10,478,479	$	(72)	$	—	$	10,478,407
Natural gas	156,599		—		—		156,599
Competitive businesses	—		145		755,391		755,536
Total	10,635,078		73		755,391		11,390,542
OPERATING EXPENSES
Operating and Maintenance:
Fuel, fuel related expenses, and gas purchased for resale	2,190,493		(28)		78,846		2,269,311
Purchased power	1,078,098		28		76,081		1,154,207
Nuclear refueling outage expenses	131,182		—		44,226		175,408
Other operation and maintenance	2,628,480		25,051		347,912		3,001,443
Asset write-offs, impairments, and related charges	—		—		355,517		355,517
Decommissioning	183,855		—		158,960		342,815
Taxes other than income taxes	622,731		1,212		23,492		647,435
Depreciation and amortization	1,606,242		2,666		56,930		1,665,838
Other regulatory charges (credits) - net	122,379		—		—		122,379
Total	8,563,460		28,929		1,141,964		9,734,353
OPERATING INCOME	2,071,618		(28,856)		(386,573)		1,656,189
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	78,821		—		—		78,821
Interest and investment income	412,864		(130,486)		204,370		486,748
Miscellaneous - net	(185,925)		(7,373)		(28,761)		(222,059)
Total	305,760		(137,859)		175,609		343,510
INTEREST EXPENSE
Interest expense	714,291		119,937		16,392		850,620
Allowance for borrowed funds used during construction	(33,739)		—		—		(33,739)
Total	680,552		119,937		16,392		816,881
INCOME BEFORE INCOME TAXES	1,696,826		(286,652)		(227,356)		1,182,818
Income taxes	(156,128)		21,675		51,390		(83,063)
CONSOLIDATED NET INCOME	1,852,954		(308,327)		(278,746)		1,265,881
Preferred dividend requirements of subsidiaries	16,131		—		2,188		18,319
NET INCOME ATTRIBUTABLE TO ENTERGY CORPORATION	$	1,836,823	$	(308,327)	$	(280,934)	$	1,247,562
EARNINGS PER AVERAGE COMMON SHARE:
BASIC	$9.16		($1.54)		($1.40)		$6.22
DILUTED	$9.11		($1.53)		($1.39)		$6.19
AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:
BASIC							200,625,399
DILUTED							201,527,610
*Totals may not foot due to rounding.

Entergy Corporation
Consolidated Cash Flow Statement
Three Months Ended September 30, 2022 vs. 2021
(Dollars in thousands)
(Unaudited)
	2022		2021		Variance
OPERATING ACTIVITIES
Consolidated net income	$	555,882	$	535,583	$	20,299
Adjustments to reconcile consolidated net income to net cash
flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	553,802		546,029		7,773
Deferred income taxes, investment tax credits, and non-current taxes accrued	197,467		164,919		32,548
Asset write-offs, impairments, and related charges (credits)	(143)		(139)		(4)
Changes in working capital:
Receivables	(144,273)		(90,805)		(53,468)
Fuel inventory	3,052		30,233		(27,181)
Accounts payable	(102,702)		493,943		(596,645)
Taxes accrued	89,974		89,322		652
Interest accrued	50,308		29,475		20,833
Deferred fuel costs	(154,139)		(70,717)		(83,422)
Other working capital accounts	12,176		(8,017)		20,193
Changes in provisions for estimated losses	1,855		(18,299)		20,154
Changes in other regulatory assets	(137,099)		(724,948)		587,849
Changes in other regulatory liabilities	(132,103)		(53,631)		(78,472)
Changes in pension and other postretirement liabilities	(90,459)		(162,435)		71,976
Other	289,880		503,923		(214,043)
Net cash flow provided by operating activities	993,478		1,264,436		(270,958)
INVESTING ACTIVITIES
Construction/capital expenditures	(1,132,525)		(1,042,256)		(90,269)
Allowance for equity funds used during construction	20,245		17,180		3,065
Nuclear fuel purchases	(10,776)		(53,748)		42,972
Payment for purchase of plant or assets	(1,044)		—		(1,044)
Net payments from sale of assets	—		(5,000)		5,000
Changes in securitization account	887		4,177		(3,290)
Payments to storm reserve escrow account	(1,279)		(6)		(1,273)
Receipts from storm reserve escrow account	60		38,900		(38,840)
Decrease (increase) in other investments	2,819		(6,514)		9,333
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	—		33,501		(33,501)
Proceeds from nuclear decommissioning trust fund sales	277,801		637,660		(359,859)
Investment in nuclear decommissioning trust funds	(301,173)		(659,644)		358,471
Net cash flow used in investing activities	(1,144,985)		(1,035,750)		(109,235)
FINANCING ACTIVITIES
Proceeds from the issuance of:
Long-term debt	1,465,632		1,260,822		204,810
Treasury stock	4,850		1,574		3,276
Retirement of long-term debt	(705,219)		(1,146,225)		441,006
Changes in credit borrowings and commercial paper - net	(11,239)		140,076		(151,315)
Other	31,136		23,709		7,427
Dividends paid:
Common stock	(205,471)		(190,907)		(14,564)
Preferred stock	(4,580)		(4,580)		—
Net cash flow provided by financing activities	575,109		84,469		490,640
Net increase in cash and cash equivalents	423,602		313,155		110,447
Cash and cash equivalents at beginning of period	579,889		686,881		(106,992)
Cash and cash equivalents at end of period	$	1,003,491	$	1,000,036	$	3,455
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for:
Interest - net of amount capitalized	$	176,545	$	162,280	$	14,265
Income taxes	$	73	$	1,966	$	(1,893)

Entergy Corporation
Consolidated Cash Flow Statement
Nine Months Ended September 30, 2022 vs. 2021
(Dollars in thousands)
(Unaudited)
	2022		2021		Variance
OPERATING ACTIVITIES
Consolidated net income	$	999,486	$	873,333	$	126,153
Adjustments to reconcile consolidated net income to net cash
flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	1,667,756		1,696,323		(28,567)
Deferred income taxes, investment tax credits, and non-current taxes accrued	(76,672)		280,193		(356,865)
Asset write-offs, impairments, and related charges (credits)	(163,464)		345,200		(508,664)
Changes in working capital:
Receivables	(368,772)		(245,082)		(123,690)
Fuel inventory	19,433		46,951		(27,518)
Accounts payable	(59,787)		362,529		(422,316)
Taxes accrued	89,554		19,611		69,943
Interest accrued	38,361		29,313		9,048
Deferred fuel costs	(821,386)		(356,833)		(464,553)
Other working capital accounts	(124,677)		(94,791)		(29,886)
Changes in provisions for estimated losses	297,842		(72,577)		370,419
Changes in other regulatory assets	587,128		(631,172)		1,218,300
Changes in other regulatory liabilities	(116,315)		117,301		(233,616)
Effects of securitization on regulatory asset	(1,036,955)		—		(1,036,955)
Changes in pension and other postretirement liabilities	(258,141)		(422,028)		163,887
Other	1,136,050		62,712		1,073,338
Net cash flow provided by operating activities	1,809,441		2,010,983		(201,542)
INVESTING ACTIVITIES
Construction/capital expenditures	(3,853,121)		(3,925,632)		72,511
Allowance for equity funds used during construction	49,685		48,629		1,056
Nuclear fuel purchases	(125,619)		(127,606)		1,987
Payment for purchase of plant or assets	(106,193)		(36,534)		(69,659)
Net proceeds (payments) from sale of assets	(7,082)		17,421		(24,503)
Litigation proceeds form settlement agreement	9,829		—		9,829
Changes in securitization account	1,224		13,862		(12,638)
Payments to storm reserve escrow account	(1,291,593)		(23)		(1,291,570)
Receipts from storm reserve escrow account	1,000,278		83,105		917,173
Decrease (increase) in other investments	(33,238)		4,239		(37,477)
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	32,367		49,236		(16,869)
Proceeds from nuclear decommissioning trust fund sales	1,377,304		4,475,142		(3,097,838)
Investment in nuclear decommissioning trust funds	(1,422,808)		(4,463,814)		3,041,006
Net cash flow used in investing activities	(4,368,967)		(3,861,975)		(506,992)
FINANCING ACTIVITIES
Proceeds from the issuance of:
Long-term debt	5,316,693		6,269,152		(952,459)
Treasury stock	31,802		5,613		26,189
Common stock	—		26,817		(26,817)
Retirement of long-term debt	(4,998,642)		(4,046,791)		(951,851)
Changes in credit borrowings and commercial paper - net	185,455		(621,168)		806,623
Capital contribution from noncontrolling interest	9,595		—		9,595
Proceeds from trust related to securitization	3,163,572		—		3,163,572
Other	41,659		44,176		(2,517)
Dividends paid:
Common stock	(615,937)		(572,131)		(43,806)
Preferred stock	(13,739)		(13,739)		—
Net cash flow provided by financing activities	3,120,458		1,091,929		2,028,529
Net increase (decrease) in cash and cash equivalents	560,932		(759,063)		1,319,995
Cash and cash equivalents at beginning of period	442,559		1,759,099		(1,316,540)
Cash and cash equivalents at end of period	$	1,003,491	$	1,000,036	$	3,455
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid (received) during the period for:
Interest - net of amount capitalized	$	631,211	$	590,581	$	40,630
Income taxes	$	(7,412)	$	29,454	$	(36,866)

Entergy Corporation
Consolidated Cash Flow Statement
Twelve Months Ended Setpember 30, 2022 vs. 2021
(Dollars in thousands)
(Unaudited)
	2022		2021		Variance
OPERATING ACTIVITIES
Consolidated net income	$	1,244,872	$	1,265,881	$	(21,009)
Adjustments to reconcile consolidated net income to net cash
flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	2,214,377		2,259,169		(44,792)
Deferred income taxes, investment tax credits, and non-current taxes accrued	(108,146)		(171,648)		63,502
Asset write-offs, impairments, and related charges (credits)	(245,065)		355,462		(600,527)
Changes in working capital:
Receivables	(208,319)		(183,388)		(24,931)
Fuel inventory	(9,159)		20,101		(29,260)
Accounts payable	(152,519)		325,903		(478,422)
Taxes accrued	48,760		20,398		28,362
Interest accrued	(1,592)		26,109		(27,701)
Deferred fuel costs	(930,603)		(358,155)		(572,448)
Other working capital accounts	(83,769)		(123,750)		39,981
Changes in provisions for estimated losses	284,706		(325,741)		610,447
Changes in other regulatory assets	681,593		(1,285,133)		1,966,726
Changes in other regulatory liabilities	(189,985)		394,341		(584,326)
Effects of securitization on regulatory asset	(1,036,955)		—		(1,036,955)
Changes in pension and other postretirement liabilities	(733,280)		(101,505)		(631,775)
Other	1,324,255		212,639		1,111,616
Net cash flow provided by operating activities	2,099,171		2,330,683		(231,512)
INVESTING ACTIVITIES
Construction/capital expenditures	(6,014,785)		(5,444,149)		(570,636)
Allowance for equity funds used during construction	71,529		78,821		(7,292)
Nuclear fuel purchases	(164,525)		(165,885)		1,360
Payment for purchase of plant or assets	(237,963)		(259,022)		21,059
Net proceeds (payments) from sale of assets	(7,082)		17,421		(24,503)
Litigation proceeds form settlement agreement	9,829		—		9,829
Changes in securitization account	1,031		18,170		(17,139)
Payments to storm reserve escrow account	(1,291,595)		(52)		(1,291,543)
Receipts from storm reserve escrow account	1,000,278		340,046		660,232
Decrease (increase) in other investments	(35,134)		1,305		(36,439)
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	32,367		54,695		(22,328)
Proceeds from nuclear decommissioning trust fund sales	2,455,791		5,985,462		(3,529,671)
Investment in nuclear decommissioning trust funds	(2,506,009)		(6,005,211)		3,499,202
Net cash flow used in investing activities	(6,686,268)		(5,378,399)		(1,307,869)
FINANCING ACTIVITIES
Proceeds from the issuance of:
Long-term debt	7,355,968		10,717,746		(3,361,778)
Treasury stock	32,166		6,429		25,737
Common stock	173,959		26,817		147,142
Retirement of long-term debt	(5,779,678)		(6,812,942)		1,033,264
Changes in credit borrowings and commercial paper - net	380,311		(391,884)		772,195
Capital contributions from noncontrolling interest	60,797		—		60,797
Proceeds from trust related to securitization	3,163,572		—		3,163,572
Other	40,704		42,593		(1,889)
Dividends paid:
Common stock	(818,928)		(762,352)		(56,576)
Preferred stock	(18,319)		(18,319)		—
Net cash flow provided by financing activities	4,590,552		2,808,088		1,782,464
Net increase (decrease) in cash and cash equivalents	3,455		(239,628)		243,083
Cash and cash equivalents at beginning of period	1,000,036		1,239,664		(239,628)
Cash and cash equivalents at end of period	$	1,003,491	$	1,000,036	$	3,455
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for:
Interest - net of amount capitalized	$	883,858	$	794,821	$	89,037
Income taxes	$	61,511	$	710	$	60,801

XML

Document and Entity Information Document	Nov. 02, 2022
Document Type	8-K
Document Period End Date	Nov. 02, 2022
Amendment Flag	false
Entity File Number	1-11299
Entity Registrant Name	ENTERGY CORPORATION
Entity Tax Identification Number	72-1229752
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	639 Loyola Avenue
Entity Address, City or Town	New Orleans
Entity Address, State or Province	LA
Entity Address, Country	US
Entity Address, Postal Zip Code	70113
City Area Code	504
Local Phone Number	576-4000
Entity Central Index Key	0000065984
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	Common Stock, $0.01 Par Value
Trading Symbol	ETR
Security Exchange Name	NYSE
CHICAGO STOCK EXCHANGE, INC [Member]
Title of 12(b) Security	Common Stock, $0.01 Par Value
Trading Symbol	ETR
Security Exchange Name	CHX
Entergy New Orleans [Member]
Entity File Number	1-35747
Entity Registrant Name	ENTERGY NEW ORLEANS, LLC
Entity Tax Identification Number	82-2212934
Entity Incorporation, State or Country Code	TX
Entity Address, Address Line One	1600 Perdido Street
Entity Address, City or Town	New Orleans
Entity Address, State or Province	LA
Entity Address, Country	US
Entity Address, Postal Zip Code	70112
City Area Code	504
Local Phone Number	670-3700
Entity Central Index Key	0000071508
Entity Emerging Growth Company	false
Entergy Arkansas [Member]
Entity File Number	1-10764
Entity Registrant Name	ENTERGY ARKANSAS, LLC
Entity Tax Identification Number	83-1918668
Entity Incorporation, State or Country Code	TX
Entity Address, Address Line One	425 West Capitol Avenue
Entity Address, City or Town	Little Rock
Entity Address, State or Province	AR
Entity Address, Country	US
Entity Address, Postal Zip Code	72201
City Area Code	501
Local Phone Number	377-4000
Entity Central Index Key	0000007323
Entity Emerging Growth Company	false
Entergy Texas [Member]
Entity File Number	1-34360
Entity Registrant Name	ENTERGY TEXAS, INC.
Entity Tax Identification Number	61-1435798
Entity Incorporation, State or Country Code	TX
Entity Address, Address Line One	2107 Research Forest Drive
Entity Address, City or Town	The Woodlands
Entity Address, State or Province	TX
Entity Address, Country	US
Entity Address, Postal Zip Code	77380
City Area Code	409
Local Phone Number	981-2000
Entity Central Index Key	0001427437
Entity Emerging Growth Company	false
Entergy Louisiana [Member]
Entity File Number	1-32718
Entity Registrant Name	ENTERGY LOUISIANA, LLC
Entity Tax Identification Number	47-4469646
Entity Incorporation, State or Country Code	TX
Entity Address, Address Line One	4809 Jefferson Highway
Entity Address, City or Town	Jefferson
Entity Address, State or Province	LA
Entity Address, Country	US
Entity Address, Postal Zip Code	70121
City Area Code	504
Local Phone Number	576-4000
Entity Central Index Key	0001348952
Entity Emerging Growth Company	false
System Energy [Member]
Entity File Number	1-09067
Entity Registrant Name	SYSTEM ENERGY RESOURCES, INC.
Entity Tax Identification Number	72-0752777
Entity Incorporation, State or Country Code	AR
Entity Address, Address Line One	1340 Echelon Parkway
Entity Address, City or Town	Jackson
Entity Address, State or Province	MS
Entity Address, Country	US
Entity Address, Postal Zip Code	39213
City Area Code	601
Local Phone Number	368-5000
Entity Central Index Key	0000202584
Entity Emerging Growth Company	false
Entergy Mississippi [Member]
Entity File Number	1-31508
Entity Registrant Name	ENTERGY MISSISSIPPI, LLC
Entity Tax Identification Number	83-1950019
Entity Incorporation, State or Country Code	TX
Entity Address, Address Line One	308 East Pearl Street
Entity Address, City or Town	Jackson
Entity Address, State or Province	MS
Entity Address, Country	US
Entity Address, Postal Zip Code	39201
City Area Code	601
Local Phone Number	368-5000
Entity Central Index Key	0000066901
Entity Emerging Growth Company	false
5.375% Series A Preferred Stock, Cumulative, No Par Value [Domain] | Entergy Texas [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	5.375% Series A Preferred Stock, Cumulative, No Par Value (Liquidation Value $25 Per Share)
Trading Symbol	ETI/PR
Security Exchange Name	NYSE
Mortgage Bonds, 4.875% Series due September 2066 | Entergy Arkansas [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	Mortgage Bonds, 4.875% Series due September 2066
Trading Symbol	EAI
Security Exchange Name	NYSE
Mortgage Bonds, 4.875% Series due September 2066 | Entergy Louisiana [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	Mortgage Bonds, 4.875% Series due September 2066
Trading Symbol	ELC
Security Exchange Name	NYSE
Mortgage Bonds, 4.90% Series due October 2066 | Entergy Mississippi [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	Mortgage Bonds, 4.90% Series due October 2066
Trading Symbol	EMP
Security Exchange Name	NYSE
Mortgage Bonds, 5.0% Series due December 2052 | Entergy New Orleans [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	Mortgage Bonds, 5.0% Series due December 2052
Trading Symbol	ENJ
Security Exchange Name	NYSE
Mortgage Bonds, 5.50% Series due April 2066 | Entergy New Orleans [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	Mortgage Bonds, 5.50% Series due April 2066
Trading Symbol	ENO
Security Exchange Name	NYSE