XML 62 R24.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Equity (Tables)
6 Months Ended
Jun. 30, 2024
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following tables present Entergy’s basic and diluted earnings per share calculations for the three and six months ended June 30, 2024 and 2023, included on the consolidated income statements:

For the Three Months Ended June 30,
20242023
(Dollars In Thousands, Except Per Share Data; Shares in Millions)
$/share$/share
Consolidated net income$51,732 $392,014 
Less: Preferred dividend requirements of subsidiaries and noncontrolling interests2,810 770 
Net income attributable to Entergy Corporation$48,922 $391,244 
Basic shares and earnings per average common share213.6 $0.23 211.4 $1.85 
Average dilutive effect of:
Stock options0.3 — 0.3 — 
Other equity plans0.5 — 0.5 (0.01)
Diluted shares and earnings per average common shares214.4 $0.23 212.2 $1.84 

For the Six Months Ended June 30,
20242023
(Dollars In Thousands, Except Per Share Data; Shares in Millions)
$/share$/share
Consolidated net income$128,268 $704,312 
Less: Preferred dividend requirements of subsidiaries and noncontrolling interests4,065 2,133 
Net income attributable to Entergy Corporation$124,203 $702,179 
Basic shares and earnings per average common share213.4 $0.58 211.4 $3.32 
Average dilutive effect of:
Stock options0.3 — 0.3 — 
Other equity plans0.5 — 0.5 (0.01)
Diluted shares and earnings per average common shares214.2 $0.58 212.2 $3.31 

The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was 1,448,982 options for the three months ended June 30, 2024 and 1,315,567 options for the three months ended June 30, 2023. The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was 1,471,220 options for the six months ended June 30, 2024 and 1,248,743 options for the six months ended June 30, 2023.
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2024 and 2023:
Pension and Other Postretirement Benefit Plans
20242023
(In Thousands)
Beginning balance, April 1,($166,128)($189,727)
Amounts reclassified from accumulated other comprehensive income (loss)246,489 (3,292)
Net other comprehensive income (loss) for the period246,489 (3,292)
Ending balance, June 30,$80,361 ($193,019)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2024 and 2023:
Pension and Other Postretirement Benefit Plans
20242023
(In Thousands)
Beginning balance, January 1,($162,460)($191,754)
Amounts reclassified from accumulated other comprehensive income (loss)242,821 (1,265)
Net other comprehensive income (loss) for the period242,821 (1,265)
Ending balance, June 30,$80,361 ($193,019)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended June 30, 2024 and 2023 are as follows:
Amounts reclassified
from AOCI
Income Statement Location
20242023
(In Thousands)
Pension and other postretirement benefit plans
   Amortization of prior service credit$3,473 $3,398 (a)
   Amortization of net gain1,641 1,633 (a)
   Settlement loss(316,974)(674)(a)
Total amortization and settlement loss(311,860)4,357 
Income taxes65,371 (1,065)Income taxes
Total amortization and settlement loss (net of tax)($246,489)$3,292 
Total reclassifications for the period (net of tax)($246,489)$3,292 

(a)These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the six months ended June 30, 2024 and 2023 are as follows:
Amounts reclassified
from AOCI
Income Statement Location
20242023
(In Thousands)
Pension and other postretirement benefit plans
   Amortization of prior service credit$6,946 $6,795 (a)
   Amortization of net gain3,037 3,295 (a)
   Settlement loss(316,974)(8,490)(a)
Total amortization and settlement loss(306,991)1,600 
Income taxes64,170 (335)Income taxes
Total amortization and settlement loss (net of tax)($242,821)$1,265 
Total reclassifications for the period (net of tax)($242,821)$1,265 

(a)These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.
Entergy Louisiana [Member]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents changes in accumulated other comprehensive income for Entergy Louisiana for the three months ended June 30, 2024 and 2023:
Pension and Other Postretirement Benefit Plans
20242023
(In Thousands)
Beginning balance, April 1,$52,774 $54,584 
Amounts reclassified from accumulated other comprehensive income(2,023)(1,773)
Net other comprehensive loss for the period(2,023)(1,773)
Ending balance, June 30,$50,751 $52,811 
The following table presents changes in accumulated other comprehensive income for Entergy Louisiana for the six months ended June 30, 2024 and 2023:
Pension and Other Postretirement Benefit Plans
20242023
(In Thousands)
Beginning balance, January 1,$54,798 $55,370 
Amounts reclassified from accumulated other comprehensive income(4,047)(2,559)
Net other comprehensive loss for the period(4,047)(2,559)
Ending balance, June 30,$50,751 $52,811 
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
Total reclassifications out of accumulated other comprehensive income (AOCI) for Entergy Louisiana for the three months ended June 30, 2024 and 2023 are as follows:
Amounts reclassified
from AOCI
Income Statement Location
20242023
(In Thousands)
Pension and other postretirement benefit plans
   Amortization of prior service credit$1,136 $951 (a)
   Amortization of net gain1,632 1,564 (a)
   Settlement loss— (89)(a)
Total amortization and settlement loss2,768 2,426 
Income taxes(745)(653)Income taxes
Total amortization and settlement loss (net of tax)2,023 1,773 
Total reclassifications for the period (net of tax)$2,023 $1,773 

(a)These accumulated other comprehensive income components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.
Total reclassifications out of accumulated other comprehensive income (AOCI) for Entergy Louisiana for the six months ended June 30, 2024 and 2023 are as follows:
Amounts reclassified
from AOCI
Income Statement Location
20242023
(In Thousands)
Pension and other postretirement benefit plans
   Amortization of prior service credit$2,272 $1,902 (a)
   Amortization of net gain3,266 3,129 (a)
   Settlement loss— (1,529)(a)
Total amortization and settlement loss5,538 3,502 
Income taxes(1,491)(943)Income taxes
Total amortization and settlement loss (net of tax)4,047 2,559 
Total reclassifications for the period (net of tax)$4,047 $2,559 

(a)These accumulated other comprehensive income components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.