Entergy Arkansas (EAI) 10-Q11 May 202020 Q1 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2020	Apr. 30, 2020
Entity Registrant Name	ENTERGY CORPORATION
City Area Code	504
Local Phone Number	576-4000
Entity Tax Identification Number	72-1229752
Entity File Number	1-11299
Entity Central Index Key	0000065984
Document Type	10-Q
Document Period End Date	Mar. 31, 2020
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Incorporation, State or Country Code	DE
Entity Address, State or Province	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
Entity Common Stock, Shares Outstanding		200,161,934
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Document Quarterly Report	true
Document Transition Report	false
NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ETR
Security Exchange Name	NYSE
Title of 12(b) Security	Common Stock, $0.01 Par Value
CHICAGO STOCK EXCHANGE, INC [Member]
Trading Symbol	ETR
Security Exchange Name	CHX
Title of 12(b) Security	Common Stock, $0.01 Par Value
Entergy Arkansas [Member]
Entity Registrant Name	ENTERGY ARKANSAS, LLC
City Area Code	501
Local Phone Number	377-4000
Entity Tax Identification Number	83-1918668
Entity File Number	1-10764
Entity Central Index Key	0000007323
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	TX
Entity Address, State or Province	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
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entergy Louisiana [Member]
Entity Registrant Name	ENTERGY LOUISIANA, LLC
City Area Code	504
Local Phone Number	576-4000
Entity Tax Identification Number	47-4469646
Entity File Number	1-32718
Entity Central Index Key	0001348952
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	TX
Entity Address, State or Province	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
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entergy Mississippi [Member]
Entity Registrant Name	ENTERGY MISSISSIPPI, LLC
City Area Code	601
Local Phone Number	368-5000
Entity Tax Identification Number	83-1950019
Entity File Number	1-31508
Entity Central Index Key	0000066901
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	TX
Entity Address, State or Province	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
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entergy New Orleans [Member]
Entity Registrant Name	ENTERGY NEW ORLEANS, LLC
City Area Code	504
Local Phone Number	670-3700
Entity Tax Identification Number	82-2212934
Entity File Number	1-35747
Entity Central Index Key	0000071508
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	TX
Entity Address, State or Province	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
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entergy Texas [Member]
Entity Registrant Name	ENTERGY TEXAS, INC.
City Area Code	409
Local Phone Number	981-2000
Entity Tax Identification Number	61-1435798
Entity File Number	1-34360
Entity Central Index Key	0001427437
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	TX
Entity Address, State or Province	10055 Grogans Mill Road
Entity Address, City or Town	The Woodlands
Entity Address, State or Province	TX
Entity Address, Country	US
Entity Address, Postal Zip Code	77380
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
System Energy [Member]
Entity Registrant Name	SYSTEM ENERGY RESOURCES, INC.
City Area Code	601
Local Phone Number	368-5000
Entity Tax Identification Number	72-0752777
Entity File Number	1-09067
Entity Central Index Key	0000202584
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	AR
Entity Address, State or Province	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
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Five Point Six Two Five Percent Series First Mortgage Bonds Due June Two Thousand Sixty Four [Member] \| Entergy Texas [Member] \| NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	EZT
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 5.625% Series due June 2064
Mortgage Bonds, Five Point Five Percent Series, Due April Two Thousand Sixty Six [Member] \| Entergy New Orleans [Member] \| NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ENO
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 5.50% Series due April 2066
Mortgage Bonds 5.0 Series Due December Two Thousand Fifty Two [Member] \| Entergy New Orleans [Member] \| NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ENJ
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 5.0% Series due December 2052
Mortgage Bonds, Four Point Nine Zero Percent Series, Due October Two Thousand Sixty Six [Member] \| Entergy Mississippi [Member] \| NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	EMP
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 4.90% Series due October 2066
Mortgage Bonds Four Point Seven Percent Series Due June Two Thousand Sixty Three [Member] \| Entergy Louisiana [Member] \| NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ELU
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 4.70% Series due June 2063
Mortgage Bonds Five Point Two Five Percent Series Due July Two Thousand Fifty Two [Member] \| Entergy Louisiana [Member] \| NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ELJ
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 5.25% Series due July 2052
Four Point Eight Seven Five Percent Series First Mortgage Bonds Due September Two Thousand Sixty Six [Member] \| Entergy Arkansas [Member] \| NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	EAI
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 4.875% Series due September 2066
Four Point Eight Seven Five Percent Series First Mortgage Bonds Due September Two Thousand Sixty Six [Member] \| Entergy Louisiana [Member] \| NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ELC
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 4.875% Series due September 2066
Mortgage Bonds Four Point Seven Five Percent Series Due June Two Thousand Sixty Three [Member] [Member] \| Entergy Arkansas [Member] \| NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	EAE
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 4.75% Series due June 2063
Mortgage Bonds Four Point Nine Percent Series Due Decembertwenty Fifty Two [Member] \| Entergy Arkansas [Member] \| NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	EAB
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 4.90% Series due December 2052
5.375% Series A Preferred Stock, Cumulative, No Par Value [Domain] \| Entergy Texas [Member] \| NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ETI/PR
Security Exchange Name	NYSE
Title of 12(b) Security	5.375% Series A Preferred Stock, Cumulative, No Par Value (Liquidation Value $25 Per Share)

Consolidated Statements Of Inco

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

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
OPERATING ACTIVITIES
Consolidated net income	$ 123,294	$ 258,646
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	568,596	530,224
Deferred income taxes, investment tax credits, and non-current taxes accrued	(31,405)	104,884
Impairment of Long-Lived Assets Held-for-use	4,962	25,462
Changes in working capital:
Receivables	70,357	39,697
Fuel inventory	(15,389)	(4,401)
Accounts payable	(127,727)	(63,613)
Taxes accrued	(44,241)	(44,083)
Interest accrued	(4,791)	(20,546)
Deferred fuel costs	30,560	20,201
Other working capital accounts	(21,758)	(42,016)
Changes in provisions for estimated losses	(35,829)	13,720
Changes in other regulatory assets	99,275	(162,192)
Increase (Decrease) in Regulatory Liabilities	(450,905)	130,924
Changes in pension and other postretirement liabilities	(113,071)	(7,713)
Other Noncash Income (Expense)	607,132	(278,005)
Net cash flow provided by operating activities	659,060	501,189
INVESTING ACTIVITIES
Construction/capital expenditures	(1,043,608)	(951,629)
Allowance for equity funds used during construction	35,953	38,322
Payments to Acquire Buildings	24,633	0
Nuclear fuel purchases	(85,334)	(38,445)
Payments for Nuclear Fuel	(85,334)	(38,445)
Payments to storm reserve escrow account	(1,557)	(2,285)
Receipts from storm reserve escrow account	40,589	0
Decrease in other investments	2,265	39,045
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	62,162	0
Proceeds from nuclear decommissioning trust fund sales	687,487	1,307,547
Investment in nuclear decommissioning trust funds	(718,741)	(1,342,429)
Changes in securitization account	(70)	(1,084)
Net cash flow used in investing activities	(1,045,487)	(950,958)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	3,195,345	3,444,230
Common stock and treasury stock	39,964	35,577
Retirement of long-term debt	(1,614,578)	(2,298,855)
Changes in credit borrowings and commercial paper - net	(4,911)	(17)
Payments for Repurchase of Preferred Stock and Preference Stock	0	50,000
Dividends paid:
Common stock	(185,763)	(172,591)
Preferred stock	(4,763)	(4,109)
Other	(756)	(1,945)
Net cash flow provided by financing activities	1,424,538	952,290
Net increase in cash and cash equivalents	1,038,111	502,521
Cash and cash equivalents at beginning of period	425,722	480,975
Cash paid / (received) during the period for:
Interest - net of amount capitalized	203,466	214,935
Income taxes	(23,063)	(13,844)
Entergy Arkansas [Member]
OPERATING ACTIVITIES
Consolidated net income	44,595	39,121
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	123,160	117,255
Deferred income taxes, investment tax credits, and non-current taxes accrued	8,251	30,756
Changes in working capital:
Receivables	32,820	22,194
Fuel inventory	(9,419)	260
Accounts payable	(42,694)	(56,432)
Taxes accrued	9,302	(10,616)
Interest accrued	16,839	12,661
Deferred fuel costs	23,594	44,926
Other working capital accounts	(2,691)	1,599
Changes in provisions for estimated losses	4,695	9,930
Changes in other regulatory assets	(13,187)	(56,263)
Increase (Decrease) in Regulatory Liabilities	(161,989)	53,386
Changes in pension and other postretirement liabilities	11,704	(910)
Other Noncash Income (Expense)	164,694	(1,400)
Net cash flow provided by operating activities	209,674	206,467
INVESTING ACTIVITIES
Construction/capital expenditures	(179,117)	(147,214)
Allowance for equity funds used during construction	2,917	3,506
Change in money pool receivable - net	(24,935)	(30,521)
Nuclear fuel purchases	(52,211)	(214)
Payments for Nuclear Fuel	(52,211)	(214)
Proceeds from sale of nuclear fuel	17,210	22,834
Decrease in other investments	0	1
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	55,001	0
Proceeds from nuclear decommissioning trust fund sales	115,030	34,423
Investment in nuclear decommissioning trust funds	(121,003)	(40,223)
Changes in securitization account	(3,443)	(3,553)
Net cash flow used in investing activities	(190,551)	(160,961)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	264,505	603,655
Retirement of long-term debt	(127,203)	(275,904)
Change in money pool payable - net	(21,634)	(182,738)
Dividends paid:
Other	(818)	(397)
Net cash flow provided by financing activities	114,850	144,616
Net increase in cash and cash equivalents	133,973	190,122
Cash and cash equivalents at beginning of period	3,519	119
Cash paid / (received) during the period for:
Interest - net of amount capitalized	17,578	19,458
Entergy Louisiana [Member]
OPERATING ACTIVITIES
Consolidated net income	189,396	127,633
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	191,447	153,368
Deferred income taxes, investment tax credits, and non-current taxes accrued	(39,681)	49,041
Changes in working capital:
Receivables	23,004	(849)
Fuel inventory	(456)	31
Accounts payable	(86,317)	(26,475)
Taxes accrued	48,840	16,311
Interest accrued	(2,384)	(9,300)
Deferred fuel costs	(18,280)	(50,620)
Other working capital accounts	(3,156)	(41,481)
Changes in provisions for estimated losses	(41,113)	2,962
Changes in other regulatory assets	55,539	(91,490)
Increase (Decrease) in Regulatory Liabilities	(129,370)	49,352
Changes in pension and other postretirement liabilities	(22,806)	(1,954)
Other Noncash Income (Expense)	149,136	3,054
Net cash flow provided by operating activities	313,799	179,583
INVESTING ACTIVITIES
Construction/capital expenditures	(344,522)	(401,573)
Allowance for equity funds used during construction	14,887	23,914
Change in money pool receivable - net	(84,466)	8,880
Nuclear fuel purchases	(18,052)	(59,422)
Payments for Nuclear Fuel	(18,052)	(59,422)
Proceeds from sale of nuclear fuel	33,889	0
Payments to storm reserve escrow account	(1,113)	(1,651)
Receipts from storm reserve escrow account	40,589	0
Proceeds from nuclear decommissioning trust fund sales	144,962	101,555
Investment in nuclear decommissioning trust funds	(154,065)	(107,690)
Changes in securitization account	(5,348)	(5,405)
Net cash flow used in investing activities	(373,239)	(441,392)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	1,221,900	1,212,989
Retirement of long-term debt	(603,607)	(642,307)
Change in money pool payable - net	(82,826)	0
Dividends paid:
Common stock	(11,500)	(49,000)
Other	(1,139)	1,926
Net cash flow provided by financing activities	522,828	523,608
Net increase in cash and cash equivalents	463,388	261,799
Cash and cash equivalents at beginning of period	2,006	43,364
Cash paid / (received) during the period for:
Interest - net of amount capitalized	79,794	81,940
Income taxes	(20,684)	0
Entergy Mississippi [Member]
OPERATING ACTIVITIES
Consolidated net income	22,526	15,398
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	51,155	39,088
Deferred income taxes, investment tax credits, and non-current taxes accrued	2,762	12,072
Changes in working capital:
Receivables	17,971	18,364
Fuel inventory	(3,266)	(4,267)
Accounts payable	(8,125)	(5,722)
Taxes accrued	(58,651)	(66,445)
Interest accrued	6,201	(293)
Deferred fuel costs	13,406	17,635
Other working capital accounts	7,849	3,444
Changes in provisions for estimated losses	(47)	(846)
Changes in other regulatory assets	(8,484)	(3,478)
Increase (Decrease) in Regulatory Liabilities	(5,532)	(9,301)
Changes in pension and other postretirement liabilities	(2,482)	269
Other Noncash Income (Expense)	(2,022)	(5,926)
Net cash flow provided by operating activities	33,261	9,992
INVESTING ACTIVITIES
Construction/capital expenditures	(124,986)	(97,487)
Allowance for equity funds used during construction	1,439	1,913
Change in money pool receivable - net	44,693	41,380
Payments to Acquire Buildings	24,633	0
Decrease in other investments	(128)	(182)
Net cash flow used in investing activities	(103,615)	(54,376)
Proceeds from the issuance of:
Change in money pool payable - net	19,006	10,925
Dividends paid:
Common stock	(2,500)	0
Other	2,266	(2,610)
Net cash flow provided by financing activities	18,772	8,315
Net increase in cash and cash equivalents	(51,582)	(36,069)
Cash and cash equivalents at beginning of period	51,601	36,954
Cash paid / (received) during the period for:
Interest - net of amount capitalized	9,800	14,193
Entergy New Orleans [Member]
OPERATING ACTIVITIES
Consolidated net income	11,186	9,023
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	15,075	14,164
Deferred income taxes, investment tax credits, and non-current taxes accrued	1,339	9,743
Changes in working capital:
Receivables	4,039	(20)
Fuel inventory	(25)	1,529
Accounts payable	(5,291)	8,298
Taxes accrued	122	(4,443)
Interest accrued	(929)	650
Deferred fuel costs	3,702	(71)
Other working capital accounts	(10,795)	(15,144)
Changes in provisions for estimated losses	923	454
Changes in other regulatory assets	1,867	(16,528)
Increase (Decrease) in Regulatory Liabilities	(9,599)	(8,634)
Changes in pension and other postretirement liabilities	(4,878)	(1,706)
Other Noncash Income (Expense)	10,582	19,207
Net cash flow provided by operating activities	17,318	16,522
INVESTING ACTIVITIES
Construction/capital expenditures	(60,001)	(57,788)
Allowance for equity funds used during construction	2,485	2,290
Change in money pool receivable - net	(7,979)	22,016
Payments to storm reserve escrow account	(314)	(451)
Changes in securitization account	(2,882)	(2,850)
Net cash flow used in investing activities	(68,691)	(36,783)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	139,116	0
Retirement of long-term debt	(20,000)	0
Change in money pool payable - net	0	1,877
Dividends paid:
Other	(445)	(499)
Net cash flow provided by financing activities	118,671	1,378
Net increase in cash and cash equivalents	67,298	(18,883)
Cash and cash equivalents at beginning of period	6,017	19,677
Cash paid / (received) during the period for:
Interest - net of amount capitalized	7,275	5,027
Entergy Texas [Member]
OPERATING ACTIVITIES
Consolidated net income	32,707	21,342
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	42,566	37,037
Deferred income taxes, investment tax credits, and non-current taxes accrued	3,921	(10,123)
Changes in working capital:
Receivables	1,221	65,394
Fuel inventory	(1,127)	(173)
Accounts payable	(35,288)	(57,447)
Taxes accrued	(20,597)	(9,465)
Interest accrued	(7,380)	(4,638)
Deferred fuel costs	8,138	8,331
Other working capital accounts	5,004	(913)
Changes in provisions for estimated losses	5	1,074
Changes in other regulatory assets	34,309	1,358
Increase (Decrease) in Regulatory Liabilities	(8,854)	(24,365)
Changes in pension and other postretirement liabilities	(9,086)	(1,120)
Other Noncash Income (Expense)	(8,425)	16,359
Net cash flow provided by operating activities	37,114	42,651
INVESTING ACTIVITIES
Construction/capital expenditures	(236,984)	(176,186)
Allowance for equity funds used during construction	10,641	5,111
Change in money pool receivable - net	(17,911)	(3,571)
Changes in securitization account	11,604	10,724
Net cash flow used in investing activities	(232,650)	(163,922)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	194,631	692,633
Retirement of long-term debt	(26,864)	(525,841)
Change in money pool payable - net	0	(22,389)
Dividends paid:
Preferred stock	(653)	0
Other	206	(959)
Net cash flow provided by financing activities	342,320	143,444
Net increase in cash and cash equivalents	146,784	22,173
Cash and cash equivalents at beginning of period	12,929	56
Cash paid / (received) during the period for:
Interest - net of amount capitalized	29,699	26,002
Income taxes	(2,358)	0
Proceeds from Contributions from Parent	175,000	0
System Energy [Member]
OPERATING ACTIVITIES
Consolidated net income	28,513	23,578
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	47,041	53,731
Deferred income taxes, investment tax credits, and non-current taxes accrued	(5,764)	4,975
Changes in working capital:
Receivables	22,292	(7,613)
Accounts payable	15,049	(5,182)
Taxes accrued	(3,590)	(13,575)
Interest accrued	(201)	(3,150)
Other working capital accounts	(30,385)	3,635
Changes in other regulatory assets	(3,893)	(3,730)
Increase (Decrease) in Regulatory Liabilities	(135,561)	70,486
Changes in pension and other postretirement liabilities	(2,587)	319
Other Noncash Income (Expense)	129,528	(65,757)
Net cash flow provided by operating activities	60,442	57,717
INVESTING ACTIVITIES
Construction/capital expenditures	(60,551)	(25,557)
Allowance for equity funds used during construction	3,584	1,589
Change in money pool receivable - net	42,479	81,635
Nuclear fuel purchases	(69,022)	(3)
Payments for Nuclear Fuel	(69,022)	(3)
Proceeds from sale of nuclear fuel	9,503	18,280
Proceeds from nuclear decommissioning trust fund sales	132,661	56,988
Investment in nuclear decommissioning trust funds	(138,186)	(62,223)
Net cash flow used in investing activities	(79,532)	70,709
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	243,559	529,493
Retirement of long-term debt	(186,904)	(549,803)
Dividends paid:
Common stock	(13,653)	(45,500)
Net cash flow provided by financing activities	43,002	(65,810)
Net increase in cash and cash equivalents	23,912	62,616
Cash and cash equivalents at beginning of period	68,534	95,685
Cash paid / (received) during the period for:
Interest - net of amount capitalized	$ 8,598	$ 12,461

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Cash and cash equivalents:
Cash	$ 283,491	$ 34,242
Temporary cash investments	1,180,342	391,480
Total cash and cash equivalents	1,463,833	425,722	$ 983,496	$ 480,975
Securitization recovery trust account	47,000	47,000
Accounts receivable:
Customer	602,278	595,509
Allowance for doubtful accounts	(8,521)	(7,404)
Other	112,368	219,870
Accrued unbilled revenues	369,948	400,617
Total accounts receivable	1,076,073	1,208,592
Fuel inventory - at average cost	160,865	145,476
Public Utilities, Inventory	837,855	824,989
Deferred nuclear refueling outage costs	167,124	157,568
Prepaid Expense and Other Assets, Current	268,201	283,645
TOTAL	3,973,951	3,045,992
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	5,778,285	6,404,030
Non-utility property - at cost (less accumulated depreciation)	335,314	332,864
Other	460,569	496,452
TOTAL	6,574,168	7,233,346
PROPERTY, PLANT, AND EQUIPMENT
Electric	55,524,303	54,271,467
Natural gas	553,323	547,110
Construction work in progress	2,469,130	2,823,291
Nuclear fuel	657,216	677,181
TOTAL PROPERTY, PLANT, AND EQUIPMENT	59,203,972	58,319,049
Less - accumulated depreciation and amortization	23,422,851	23,136,356
PROPERTY, PLANT, AND EQUIPMENT - NET	35,781,121	35,182,693
Regulatory assets:
Other regulatory assets	5,192,780	5,292,055
Deferred Fuel Cost Non Current	240,024	239,892
Goodwill	377,172	377,172
Deferred Income Tax Assets, Net	76,680	64,461
Other	339,133	288,301
Deferred Costs and Other Assets	6,225,789	6,261,881
TOTAL ASSETS	52,555,029	51,723,912
CURRENT LIABILITIES
Currently maturing long-term debt	1,230,015	795,012
Short-term borrowings	1,941,816	1,946,727
Accounts payable	1,502,392	1,499,861
Customer deposits	408,803	409,171
Taxes Payable, Current	189,214	233,455
Interest accrued	189,338	194,129
Deferred fuel costs	228,379	197,687
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	64,339	76,457
Pension and other postretirement liabilities	62,129	66,184
Other	201,514	201,780
TOTAL	6,017,939	5,620,463
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	4,384,494	4,401,190
Accumulated deferred investment tax credits	205,041	207,113
Regulatory liability for income taxes - net	1,600,189	1,633,159
Other regulatory liabilities	1,555,188	1,961,005
Decommissioning and asset retirement cost liabilities	6,250,951	6,159,212
Loss Contingency Accrual	498,199	534,028
Pension and other postretirement liabilities	2,689,249	2,798,265
Long-term debt	18,228,528	17,078,643
Deferred Credits and Other Liabilities	646,899	852,749
TOTAL	36,058,738	35,625,364
Subsidiaries' preferred stock without sinking fund	219,385	219,410
Common Shareholders' Equity:
Common Stock, Value, Issued	2,700	2,700
Additional Paid in Capital, Common Stock	6,510,683	6,564,436
Accumulated other comprehensive loss	(398,987)	(446,920)	(551,152)	(557,173)
Less - treasury stock, at cost	5,080,570	5,154,150
TOTAL	10,223,967	10,223,675
Stockholders' Equity Attributable to Noncontrolling Interest	35,000	35,000
Retained Earnings (Accumulated Deficit)	9,190,141	9,257,609
TOTAL	10,258,967	10,258,675	8,970,367	8,844,305
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	52,555,029	51,723,912
Entergy Arkansas [Member]
Cash and cash equivalents:
Cash	628	3,519
Temporary cash investments	136,864	0
Total cash and cash equivalents	137,492	3,519	190,241	119
Securitization recovery trust account	7,480	4,036
Accounts receivable:
Customer	134,111	117,679
Allowance for doubtful accounts	(1,515)	(1,169)
Associated companies	56,787	29,178
Other	35,171	117,653
Accrued unbilled revenues	84,390	108,489
Total accounts receivable	308,944	371,830
Fuel inventory - at average cost	43,164	33,745
Public Utilities, Inventory	211,165	211,320
Deferred nuclear refueling outage costs	54,837	48,875
Prepaid Expense and Other Assets, Current	11,809	14,096
TOTAL	774,891	687,421
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	974,026	1,101,283
Other	344	345
TOTAL	974,370	1,101,628
PROPERTY, PLANT, AND EQUIPMENT
Electric	12,357,569	12,293,483
Construction work in progress	283,324	197,775
Nuclear fuel	175,884	195,547
TOTAL PROPERTY, PLANT, AND EQUIPMENT	12,816,777	12,686,805
Less - accumulated depreciation and amortization	5,079,545	5,019,826
PROPERTY, PLANT, AND EQUIPMENT - NET	7,737,232	7,666,979
Regulatory assets:
Other regulatory assets	1,680,037	1,666,850
Deferred Fuel Cost Non Current	67,822	67,690
Other	21,451	15,065
Deferred Costs and Other Assets	1,769,310	1,749,605
TOTAL ASSETS	11,255,803	11,205,633
CURRENT LIABILITIES
Currently maturing long-term debt	395,000	0
Associated companies accounts payable	38,534	111,785
Accounts payable	199,451	202,201
Customer deposits	101,371	101,411
Taxes Payable, Current	91,133	81,831
Interest accrued	39,627	22,788
Deferred fuel costs	77,447	53,721
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	0	9,296
Other	40,049	38,760
TOTAL	982,612	621,793
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	1,200,932	1,183,126
Accumulated deferred investment tax credits	31,401	31,701
Regulatory liability for income taxes - net	469,439	478,174
Other regulatory liabilities	415,597	559,555
Decommissioning and asset retirement cost liabilities	1,260,556	1,242,616
Loss Contingency Accrual	68,575	63,880
Pension and other postretirement liabilities	330,772	319,075
Long-term debt	3,260,723	3,517,208
Deferred Credits and Other Liabilities	64,664	62,568
TOTAL	7,102,659	7,457,903
Common Shareholders' Equity:
Members' Equity	3,170,532	3,125,937
TOTAL	3,170,532	3,125,937	3,022,224	2,983,103
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	11,255,803	11,205,633
Entergy Louisiana [Member]
Cash and cash equivalents:
Cash	188	488
Temporary cash investments	465,206	1,518
Total cash and cash equivalents	465,394	2,006	305,163	43,364
Securitization recovery trust account	9,000	3,700
Accounts receivable:
Customer	200,410	194,869
Allowance for doubtful accounts	(2,452)	(1,902)
Associated companies	142,549	77,212
Other	36,989	42,179
Accrued unbilled revenues	165,525	169,201
Total accounts receivable	543,021	481,559
Fuel inventory - at average cost	42,069	41,613
Public Utilities, Inventory	371,123	354,020
Deferred nuclear refueling outage costs	43,960	56,743
Prepaid Expense and Other Assets, Current	37,778	37,837
Prepaid Taxes	0	7,959
TOTAL	1,503,345	981,737
Investments in and Advances to Affiliates, at Fair Value	1,390,587	1,390,587
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,377,881	1,563,812
Non-utility property - at cost (less accumulated depreciation)	315,027	312,896
Storm Reserve Escrow Account	256,402	295,875
Other	12,944	13,476
TOTAL	3,352,841	3,576,646
PROPERTY, PLANT, AND EQUIPMENT
Electric	23,617,789	22,620,365
Natural gas	239,779	235,678
Construction work in progress	689,399	1,383,603
Nuclear fuel	221,397	267,779
TOTAL PROPERTY, PLANT, AND EQUIPMENT	24,768,364	24,507,425
Less - accumulated depreciation and amortization	9,226,377	9,118,524
PROPERTY, PLANT, AND EQUIPMENT - NET	15,541,987	15,388,901
Regulatory assets:
Other regulatory assets	1,259,672	1,315,211
Deferred Fuel Cost Non Current	168,122	168,122
Other	37,122	33,491
Deferred Costs and Other Assets	1,464,916	1,516,824
TOTAL ASSETS	21,863,089	21,464,108
CURRENT LIABILITIES
Currently maturing long-term debt	360,002	320,002
Associated companies accounts payable	49,566	187,615
Accounts payable	486,241	357,206
Customer deposits	153,051	153,097
Taxes Payable, Current	40,881	0
Interest accrued	85,360	87,744
Deferred fuel costs	37,365	55,645
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	31,138	31,138
Other	60,365	64,668
TOTAL	1,303,969	1,257,115
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	2,440,159	2,464,513
Accumulated deferred investment tax credits	110,926	112,128
Regulatory liability for income taxes - net	491,694	500,083
Other regulatory liabilities	673,159	794,140
Decommissioning and asset retirement cost liabilities	1,515,981	1,497,349
Loss Contingency Accrual	279,306	320,419
Pension and other postretirement liabilities	655,324	677,619
Long-term debt	7,563,379	6,983,667
Deferred Credits and Other Liabilities	244,721	459,957
TOTAL	13,974,649	13,809,875
Common Shareholders' Equity:
Accumulated other comprehensive loss	14,029	4,562
Members' Equity	6,570,442	6,392,556
TOTAL	6,584,471	6,397,118	5,980,571	5,902,918
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	21,863,089	21,464,108
Entergy Mississippi [Member]
Cash and cash equivalents:
Cash	12	11
Temporary cash investments	7	51,590
Total cash and cash equivalents	19	51,601	885	36,954
Accounts receivable:
Customer	84,644	92,050
Allowance for doubtful accounts	(554)	(636)
Associated companies	4,415	49,257
Other	7,951	14,986
Accrued unbilled revenues	43,964	47,426
Total accounts receivable	140,420	203,083
Fuel inventory - at average cost	18,405	15,139
Public Utilities, Inventory	52,563	57,972
Prepaid Expense and Other Assets, Current	6,147	7,149
TOTAL	217,554	334,944
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	4,556	4,560
Escrow accounts	80,328	80,201
TOTAL	84,884	84,761
PROPERTY, PLANT, AND EQUIPMENT
Electric	5,751,292	5,672,589
Construction work in progress	113,864	88,373
TOTAL PROPERTY, PLANT, AND EQUIPMENT	5,865,156	5,760,962
Less - accumulated depreciation and amortization	1,911,652	1,894,000
PROPERTY, PLANT, AND EQUIPMENT - NET	3,953,504	3,866,962
Regulatory assets:
Other regulatory assets	386,456	377,972
Other	15,615	10,105
Deferred Costs and Other Assets	402,071	388,077
TOTAL ASSETS	4,658,013	4,674,744
CURRENT LIABILITIES
Associated companies accounts payable	52,735	48,090
Accounts payable	90,853	94,729
Customer deposits	85,976	85,938
Taxes Payable, Current	32,010	90,661
Interest accrued	25,101	18,900
Deferred fuel costs	83,807	70,402
Other	33,976	32,667
TOTAL	404,458	441,387
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	602,881	594,832
Accumulated deferred investment tax credits	9,562	9,602
Regulatory liability for income taxes - net	234,557	236,988
Other regulatory liabilities	18,411	21,512
Decommissioning and asset retirement cost liabilities	9,862	9,727
Loss Contingency Accrual	49,974	50,021
Pension and other postretirement liabilities	96,930	99,406
Long-term debt	1,614,156	1,614,129
Deferred Credits and Other Liabilities	55,045	54,989
TOTAL	2,691,378	2,691,206
Common Shareholders' Equity:
Members' Equity	1,562,177	1,542,151
TOTAL	1,562,177	1,542,151	1,307,624	1,292,226
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	4,658,013	4,674,744
Entergy New Orleans [Member]
Cash and cash equivalents:
Cash	1,026	26
Temporary cash investments	72,289	5,991
Total cash and cash equivalents	73,315	6,017	794	19,677
Securitization recovery trust account	4,871	1,989
Accounts receivable:
Customer	48,544	48,265
Allowance for doubtful accounts	(3,387)	(3,226)
Associated companies	14,876	6,280
Other	4,982	7,378
Accrued unbilled revenues	23,075	25,453
Total accounts receivable	88,090	84,150
Fuel inventory - at average cost	1,945	1,920
Public Utilities, Inventory	13,861	13,522
Prepaid Expense and Other Assets, Current	15,167	4,846
TOTAL	197,249	112,444
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	1,016	1,016
Storm Reserve Escrow Account	82,919	82,605
TOTAL	83,935	83,621
PROPERTY, PLANT, AND EQUIPMENT
Electric	1,475,260	1,467,215
Natural gas	313,544	311,432
Construction work in progress	226,714	201,829
TOTAL PROPERTY, PLANT, AND EQUIPMENT	2,015,518	1,980,476
Less - accumulated depreciation and amortization	718,461	715,406
PROPERTY, PLANT, AND EQUIPMENT - NET	1,297,057	1,265,070
Regulatory assets:
Other regulatory assets	257,496	259,363
Deferred Fuel Cost Non Current	4,080	4,080
Other	16,063	10,720
Deferred Costs and Other Assets	277,639	274,163
TOTAL ASSETS	1,855,880	1,735,298
CURRENT LIABILITIES
Currently maturing long-term debt	25,000	25,000
Notes Payable, Related Parties, Current	1,838	1,838
Associated companies accounts payable	34,787	43,222
Accounts payable	36,811	43,963
Customer deposits	28,631	28,493
Taxes Payable, Current	4,424	4,302
Interest accrued	5,987	6,916
Deferred fuel costs	8,620	4,918
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	5,957	9,470
Other	15,494	15,827
TOTAL	167,549	183,949
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	357,097	354,536
Accumulated deferred investment tax credits	2,110	2,131
Regulatory liability for income taxes - net	49,419	49,090
Decommissioning and asset retirement cost liabilities	3,582	3,522
Loss Contingency Accrual	89,465	88,542
Long-term debt	640,821	521,539
Notes Payable, Related Parties, Noncurrent	12,529	12,529
Deferred Credits and Other Liabilities	24,543	21,881
TOTAL	1,179,566	1,053,770
Common Shareholders' Equity:
Members' Equity	508,765	497,579
TOTAL	508,765	497,579	453,973	444,950
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,855,880	1,735,298
Entergy Texas [Member]
Cash and cash equivalents:
Cash	30	25
Temporary cash investments	159,683	12,904
Total cash and cash equivalents	159,713	12,929	22,229	56
Securitization recovery trust account	26,116	37,720
Accounts receivable:
Customer	64,497	59,365
Allowance for doubtful accounts	(613)	(471)
Associated companies	42,628	24,001
Other	7,177	17,050
Accrued unbilled revenues	52,994	50,048
Total accounts receivable	166,683	149,993
Fuel inventory - at average cost	48,720	47,593
Public Utilities, Inventory	45,647	46,056
Prepaid Expense and Other Assets, Current	15,481	21,012
TOTAL	462,360	315,303
OTHER PROPERTY AND INVESTMENTS
Investment in affiliates - at equity	384	396
Non-utility property - at cost (less accumulated depreciation)	376	376
Other	20,299	20,077
TOTAL	21,059	20,849
PROPERTY, PLANT, AND EQUIPMENT
Electric	5,274,289	5,199,027
Construction work in progress	897,690	760,354
TOTAL PROPERTY, PLANT, AND EQUIPMENT	6,171,979	5,959,381
Less - accumulated depreciation and amortization	1,796,382	1,770,852
PROPERTY, PLANT, AND EQUIPMENT - NET	4,375,597	4,188,529
Regulatory assets:
Other regulatory assets	478,339	512,648
Other	45,926	33,393
Deferred Costs and Other Assets	524,265	546,041
TOTAL ASSETS	5,383,281	5,070,722
CURRENT LIABILITIES
Associated companies accounts payable	44,446	58,055
Accounts payable	156,817	188,460
Customer deposits	39,774	40,232
Taxes Payable, Current	29,111	49,708
Interest accrued	11,612	18,992
Deferred fuel costs	21,139	13,001
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	27,244	26,552
Other	10,223	10,521
TOTAL	340,366	405,521
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	594,102	585,413
Accumulated deferred investment tax credits	10,405	10,559
Regulatory liability for income taxes - net	215,551	225,980
Other regulatory liabilities	42,968	42,085
Decommissioning and asset retirement cost liabilities	7,736	7,631
Loss Contingency Accrual	8,113	8,108
Long-term debt	2,091,130	1,922,956
Deferred Credits and Other Liabilities	66,266	63,062
TOTAL	3,036,271	2,865,794
Common Shareholders' Equity:
Common Stock, Value, Issued	49,452	49,452
Additional Paid in Capital, Common Stock	955,182	780,182
TOTAL	1,971,644	1,764,407
Stockholders' Equity Attributable to Noncontrolling Interest	35,000	35,000
Retained Earnings (Accumulated Deficit)	967,010	934,773
TOTAL	2,006,644	1,799,407	1,443,744	1,422,402
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	5,383,281	5,070,722
System Energy [Member]
Cash and cash equivalents:
Cash	124	93
Temporary cash investments	92,322	68,441
Total cash and cash equivalents	92,446	68,534	158,301	95,685
Accounts receivable:
Associated companies	54,693	121,972
Other	10,055	7,547
Total accounts receivable	64,748	129,519
Public Utilities, Inventory	111,251	108,766
Deferred nuclear refueling outage costs	41,878	14,493
Prepaid Expense and Other Assets, Current	6,562	6,045
TOTAL	316,885	327,357
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	928,434	1,054,098
TOTAL	928,434	1,054,098
PROPERTY, PLANT, AND EQUIPMENT
Electric	5,095,622	5,070,859
Construction work in progress	227,519	164,996
Nuclear fuel	197,955	149,574
TOTAL PROPERTY, PLANT, AND EQUIPMENT	5,521,096	5,385,429
Less - accumulated depreciation and amortization	3,308,560	3,285,487
PROPERTY, PLANT, AND EQUIPMENT - NET	2,212,536	2,099,942
Regulatory assets:
Other regulatory assets	493,976	490,083
Deferred Income Tax Assets, Net	0	8,023
Other	3,170	3,192
Deferred Costs and Other Assets	497,146	501,298
TOTAL ASSETS	3,955,001	3,982,695
CURRENT LIABILITIES
Currently maturing long-term debt	12	10
Associated companies accounts payable	9,683	14,619
Accounts payable	112,284	64,144
Taxes Payable, Current	10,242	13,832
Interest accrued	11,792	11,993
Other	3,383	3,381
TOTAL	147,396	107,979
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	812,055	821,963
Accumulated deferred investment tax credits	39,862	40,181
Regulatory liability for income taxes - net	139,529	142,845
Other regulatory liabilities	401,170	533,415
Decommissioning and asset retirement cost liabilities	940,886	931,729
Pension and other postretirement liabilities	107,229	109,816
Long-term debt	604,913	548,097
Deferred Credits and Other Liabilities	35,033	34,602
TOTAL	3,080,677	3,162,648
Common Shareholders' Equity:
Common Stock, Value, Issued	601,850	601,850
Retained Earnings (Accumulated Deficit)	125,078	110,218
TOTAL	726,928	712,068	$ 715,276	$ 737,198
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 3,955,001	$ 3,982,695

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Securitization property	$ 212,163	$ 239,219
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	270,035,180	270,035,180
Treasury stock, shares	69,874,430	70,886,400
Long-term Transition Bond, Noncurrent	$ 271,391	$ 297,981
Entergy Arkansas [Member]
Securitization property	0	1,706
Long-term Transition Bond, Noncurrent	6,849	6,772
Entergy Louisiana [Member]
Securitization property	22,545	27,596
Long-term Transition Bond, Noncurrent	33,286	33,220
Entergy New Orleans [Member]
Securitization property	46,980	49,542
Long-term Transition Bond, Noncurrent	52,702	52,641
Entergy Texas [Member]
Securitization property	$ 143,883	$ 160,375
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	46,525,000	46,525,000
Common stock, shares outstanding	46,525,000	46,525,000
Long-term Transition Bond, Noncurrent	$ 178,555	$ 205,349
System Energy [Member]
Common stock, shares authorized	1,000,000	1,000,000
Common stock, shares issued	789,350	789,350
Common stock, shares outstanding	789,350	789,350

Consolidated Statements Of Chan

Consolidated Statements Of Changes In Equity - USD ($) $ in Thousands	Total	Subsidiaries Preferred Stock [Member]	Paid In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Common Stock [Member]	Treasury Stock [Member]	Entergy Texas [Member]	Entergy Texas [Member]Subsidiaries Preferred Stock [Member]	Entergy Texas [Member]Paid In Capital [Member]	Entergy Texas [Member]Retained Earnings [Member]	Entergy Texas [Member]Common Stock [Member]	Entergy Mississippi [Member]	Entergy Arkansas [Member]	Entergy Louisiana [Member]	Entergy Louisiana [Member]Member's Equity [Member]	Entergy Louisiana [Member]Accumulated Other Comprehensive Income [Member]	System Energy [Member]	System Energy [Member]Retained Earnings [Member]	System Energy [Member]Common Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 8,844,305	$ 0	$ 5,951,431	$ 8,721,150	$ (557,173)	$ 2,616	$ (5,273,719)	$ 1,422,402	$ 0	$ 596,994	$ 775,956	$ 49,452	$ 1,292,226	$ 2,983,103	$ 5,902,918	$ 5,909,071	$ (6,153)	$ 737,198	$ 135,348	$ 601,850
Consolidated net income	258,646	4,109	0	254,537	0	0	0	21,342	0	0	21,342	0	15,398	39,121	127,633	127,633	0	23,578	23,578	0
Proceeds from Contributions from Parent								0
Dividends, Common Stock, Cash	(172,591)	0	0	(172,591)	0	0	0								(49,000)	(49,000)	0	(45,500)	(45,500)	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,109							0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,109)	(4,109)	0	0	0	0	0	0
Other comprehensive income (loss)	12,827	0	0	0	12,827	0	0								(969)	0	(969)
Common stock issuances related to stock plans	(31,289)	0	31,248	0	0	0	(62,537)
Other															(11)	(11)	0
Payments for Repurchase of Preferred Stock and Preference Stock	50,000
Dividends, Preferred Stock, Cash	4,100
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	8,970,367	0	5,920,183	8,809,902	(551,152)	2,616	(5,211,182)	1,443,744	0	596,994	797,298	49,452	1,307,624	3,022,224	5,980,571	5,987,693	(7,122)	715,276	113,426	601,850
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	10,258,675	35,000	6,564,436	9,257,609	(446,920)	2,700	(5,154,150)	1,799,407	35,000	780,182	934,773	49,452	1,542,151	3,125,937	6,397,118	6,392,556	4,562	712,068	110,218	601,850
Consolidated net income	123,294	4,580	0	118,714	0	0	0	32,707	0	0	32,707	0	22,526	44,595	189,396	189,396	0	28,513	28,513	0
Proceeds from Contributions from Parent								175,000	0	175,000	0	0
Dividends, Common Stock, Cash	(185,763)	0	0	(185,763)	0	0	0						(2,500)		(11,500)	(11,500)	0	(13,653)	(13,653)	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,580	4,580	0	0	0	0	0	470
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,763)							(653)
Other comprehensive income (loss)	47,933	0	0	0	47,933	0	0								9,467	0	9,467
Common stock issuances related to stock plans	(19,827)	0	53,753	0	0	0	(73,580)
Other															(10)	(10)	0
Payments for Repurchase of Preferred Stock and Preference Stock	0
Dividends, Preferred Stock, Cash	4,100							470	0	0	470	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 10,258,967	$ 35,000	$ 6,510,683	$ 9,190,141	$ (398,987)	$ 2,700	$ (5,080,570)	$ 2,006,644	$ 35,000	$ 955,182	$ 967,010	$ 49,452	$ 1,562,177	$ 3,170,532	$ 6,584,471	$ 6,570,442	$ 14,029	$ 726,928	$ 125,078	$ 601,850

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Net income	$ 123,294	$ 258,646
Other comprehensive income (loss)
Cash flow hedges net unrealized gain (loss)	(21,710)	(12,426)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	53,899	11,550
Net unrealized investment gains	15,744	13,703
Other comprehensive income (loss)	47,933	12,827
Total comprehensive income	171,227	271,473
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,580	4,109
Comprehensive Income Attributable to Entergy Corporation	166,647	267,364
Entergy Louisiana [Member]
Net income	189,396	127,633
Other comprehensive income (loss)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	9,467	(969)
Other comprehensive income (loss)	9,467	(969)
Total comprehensive income	$ 198,863	$ 126,664

Consolidated Statements Of Co_2

Consolidated Statements Of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax	$ (5,777)	$ (5,352)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	15,076	3,249
Other Comprehensive Income (Loss), Securities, Available-for-sale, Tax	8,743	8,073
Entergy Louisiana [Member]
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ 3,340	$ (342)

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Mar. 31, 2020
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf-Related Agreements
Entergy Arkansas [Member]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf-Related Agreements
Entergy Louisiana [Member]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf-Related Agreements
Entergy Mississippi [Member]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf-Related Agreements
Entergy New Orleans [Member]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf-Related Agreements
Entergy Texas [Member]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf-Related Agreements
System Energy [Member]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf-Related Agreements

Rate And Regulatory Matters

Rate And Regulatory Matters	3 Months Ended
Rate And Regulatory Matters	Mar. 31, 2020
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, Entergy proposed revisions to the Unit Power Sales Agreement, among other agreements, to reflect the effects of the Tax Act. In the filing System Energy proposed to return all of its unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement are challenging the treatment and amount of excess tax liabilities associated with uncertain tax positions related to nuclear decommissioning. The initial decision is due in July 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery has not yet commenced. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million , including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. A hearing on the merits is currently set for May 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filing In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund, pending a final MPSC order. A final order is expected in the second quarter 2020, with the resulting final rates, including amounts above the 2% cap of 2019 retail revenues, effective July 2020. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ( $42 million electric, including $29 million in rider reductions; and $3 million gas). As a result, Entergy New Orleans fully implemented the new rates in April 2020. The merits of the appeal will be subject to a separate procedural schedule issued by the Civil District Court. 2020 Formula Rate Plan Filing In April 2020, Entergy New Orleans filed a motion with the City Council to delay its formula rate plan filing until June 2020. In May 2020 the City Council issued an order extending the filing deadline for Entergy New Orleans’s formula rate plan filing to June 29, 2020. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider from Entergy Texas’s retail customers based on its capital invested in distribution between January 1, 2019 and December 31, 2019. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehearing of the FERC’s March 2018 order affirming the ALJ’s initial decision in the consolidated proceedings. Entergy filed in May 2018 the bandwidth true-up payments and receipts for the 2011-2014 rate filings and the payments were made in May 2018. In April 2020 the FERC issued an order partially granting the LPSC’s rehearing request. In the order the FERC reversed its prior finding and determined that the tax gain portion of the Waterford 3 financing accumulated deferred income tax should be included in the bandwidth calculation. The order requires Entergy Services to redetermine bandwidth true-up payments and receipts for the 2010-2012 test years. Entergy Arkansas Opportunity Sales Proceeding As discussed in the Form 10-K, the FERC’s opportunity sales orders have been appealed to the D.C. Circuit by Entergy, the LPSC, and the APSC. In February 2020 all of the appeals were consolidated and in April 2020 the D.C. Circuit established a briefing schedule. Briefing will occur in May 2020 through September 2020. Also as discussed in the Form 10-K, in May 2019, Entergy Arkansas filed an application with the APSC requesting approval of a special rider tariff to recover the costs of its opportunity sales payments from its retail customers over a 24-month period. In January 2020 the Attorney General and Arkansas Electric Energy Consumers, Inc. filed testimony opposing the recovery by Entergy Arkansas of the opportunity sales payment but also claiming that certain components of the payment should be segregated and refunded to customers. In March 2020, Entergy Arkansas filed rebuttal testimony. Also in March 2020, Entergy Arkansas, the APSC staff, and the Arkansas Electric Energy Consumers, Inc. filed a joint motion asking the APSC to issue a final decision based on the record in the proceeding and cancel the April 2020 evidentiary hearing. The Arkansas Attorney General did not oppose the request, which was granted by the APSC in March 2020. A final decision is expected in July 2020. Complaints Against System Energy Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in November 2019, in a proceeding that did not involve Entergy, the FERC issued an order addressing the methodology for determining the return on equity applicable to transmission owners in MISO. Thereafter, the participants in the System Energy proceeding agreed to amend the procedural schedule to allow the participants to file supplemental testimony addressing the order in the MISO transmission owner proceeding (Opinion No. 569). In February 2020 the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569 and how it would affect the return on equity evaluation for the two complaint periods concerning System Energy. For the first refund period, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 8.44% ; the MPSC and APSC argue for an authorized return on equity of 8.41% ; and the FERC trial staff argues for an authorized return on equity of 9.22% . For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 7.89% ; the MPSC and APSC argue that an authorized return on equity of 8.01% may be appropriate; and the FERC trial staff argues for an authorized return on equity of 8.66% . In April 2020, System Energy filed supplemental answering testimony addressing Opinion No. 569. System Energy argues that the Opinion No. 569 methodology is conceptually and analytically defective for purposes of establishing just and reasonable authorized return on equity determinations and proposes an alternative approach. As its primary recommendation, System Energy continues to support the return on equity determinations in its March 2019 testimony for the first refund period and its June 2019 testimony for the second refund period. Under the Opinion No. 569 methodology, System Energy calculates a “presumptively just and reasonable range” for the authorized return on equity for the first refund period of 8.57% to 9.52% , and for the second refund period of 8.28% to 9.11% . System Energy argues that these ranges are not just and reasonable results. Under its proposed alternative methodology, System Energy calculates an authorized return on equity of 10.26% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. The schedule was further revised in March 2020, and rebuttal testimony addressing Opinion No. 569 is due in June 2020; the hearing in the System Energy proceeding will commence in August 2020; and the initial decision will be due in December 2020. Grand Gulf Sale-leaseback Renewal Complaint As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. In February 2019 the presiding ALJ ruled that the hearing ordered by the FERC includes the issue of whether specific subcategories of accumulated deferred income tax should be included in, or excluded from, System Energy’s formula rate. In March 2019 the LPSC, MPSC, APSC, and City Council filed direct testimony. The LPSC testimony sought refunds that include the renewal lease payments (approximately $17.2 million per year since July 2015), rate base reductions for accumulated deferred income taxes associated with uncertain tax positions, and the cost of capital additions associated with the sale-leaseback interest, as well as interest on those amounts. In June 2019 System Energy filed answering testimony arguing that the FERC should reject all claims for refunds. Among other things, System Energy argued that claims for refunds of the costs of lease renewal payments and capital additions should be rejected because those costs were recovered consistent with the Unit Power Sales Agreement formula rate, System Energy was not over or double recovering any costs, and customers will save costs over the initial and renewal terms of the leases. System Energy argued that claims for refunds associated with liabilities arising from uncertain tax positions should be rejected because the liabilities do not provide cost-free capital, the repayment timing of the liabilities is uncertain, and the outcome of the underlying tax positions is uncertain. System Energy’s testimony also challenged the refund calculations supplied by the other parties. In August 2019 the FERC trial staff filed direct and answering testimony seeking refunds for rate base reductions for the liabilities associated with uncertain tax positions. The FERC trial staff also argued that System Energy recovered $32 million more than it should have in depreciation expense for capital additions. In September 2019, System Energy filed cross-answering testimony disputing the FERC trial staff’s arguments for refunds, stating that the FERC trial staff’s position regarding depreciation rates for capital additions is not unreasonable, but explaining that any change in depreciation expense is only one element of a Unit Power Sales Agreement re-billing calculation. Adjustments to depreciation expense in any re-billing under the Unit Power Sales Agreement formula rate will also involve changes to accumulated depreciation, accumulated deferred income taxes, and other formula elements as needed. In October 2019 the LPSC filed rebuttal testimony increasing the amount of refunds sought for the liabilities associated with uncertain tax positions. The LPSC now seeks approximately $512 million , plus interest, which is approximately $170 million through March 31, 2020. The FERC trial staff also filed rebuttal testimony in which it seeks refunds of a similar amount as the LPSC for the liabilities associated with uncertain tax positions. The LPSC testimony also argued that adjustments to depreciation rates should affect rate base on a prospective basis only. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million . The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through March 31, 2020, is approximately $397 million , plus interest, which is approximately $96 million through March 31, 2020. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $18 million , which includes interest through March 31, 2020. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of many of the findings in the ALJ’s initial decision, including the lease renewal and uncertain tax position issues. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. Briefs on exceptions from all parties are scheduled for June 2020, and briefs opposing exceptions are scheduled for September 2020. The FERC will then review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision.
Entergy Arkansas [Member]
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, Entergy proposed revisions to the Unit Power Sales Agreement, among other agreements, to reflect the effects of the Tax Act. In the filing System Energy proposed to return all of its unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement are challenging the treatment and amount of excess tax liabilities associated with uncertain tax positions related to nuclear decommissioning. The initial decision is due in July 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery has not yet commenced. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million , including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. A hearing on the merits is currently set for May 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filing In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund, pending a final MPSC order. A final order is expected in the second quarter 2020, with the resulting final rates, including amounts above the 2% cap of 2019 retail revenues, effective July 2020. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ( $42 million electric, including $29 million in rider reductions; and $3 million gas). As a result, Entergy New Orleans fully implemented the new rates in April 2020. The merits of the appeal will be subject to a separate procedural schedule issued by the Civil District Court. 2020 Formula Rate Plan Filing In April 2020, Entergy New Orleans filed a motion with the City Council to delay its formula rate plan filing until June 2020. In May 2020 the City Council issued an order extending the filing deadline for Entergy New Orleans’s formula rate plan filing to June 29, 2020. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider from Entergy Texas’s retail customers based on its capital invested in distribution between January 1, 2019 and December 31, 2019. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehearing of the FERC’s March 2018 order affirming the ALJ’s initial decision in the consolidated proceedings. Entergy filed in May 2018 the bandwidth true-up payments and receipts for the 2011-2014 rate filings and the payments were made in May 2018. In April 2020 the FERC issued an order partially granting the LPSC’s rehearing request. In the order the FERC reversed its prior finding and determined that the tax gain portion of the Waterford 3 financing accumulated deferred income tax should be included in the bandwidth calculation. The order requires Entergy Services to redetermine bandwidth true-up payments and receipts for the 2010-2012 test years. Entergy Arkansas Opportunity Sales Proceeding As discussed in the Form 10-K, the FERC’s opportunity sales orders have been appealed to the D.C. Circuit by Entergy, the LPSC, and the APSC. In February 2020 all of the appeals were consolidated and in April 2020 the D.C. Circuit established a briefing schedule. Briefing will occur in May 2020 through September 2020. Also as discussed in the Form 10-K, in May 2019, Entergy Arkansas filed an application with the APSC requesting approval of a special rider tariff to recover the costs of its opportunity sales payments from its retail customers over a 24-month period. In January 2020 the Attorney General and Arkansas Electric Energy Consumers, Inc. filed testimony opposing the recovery by Entergy Arkansas of the opportunity sales payment but also claiming that certain components of the payment should be segregated and refunded to customers. In March 2020, Entergy Arkansas filed rebuttal testimony. Also in March 2020, Entergy Arkansas, the APSC staff, and the Arkansas Electric Energy Consumers, Inc. filed a joint motion asking the APSC to issue a final decision based on the record in the proceeding and cancel the April 2020 evidentiary hearing. The Arkansas Attorney General did not oppose the request, which was granted by the APSC in March 2020. A final decision is expected in July 2020. Complaints Against System Energy Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in November 2019, in a proceeding that did not involve Entergy, the FERC issued an order addressing the methodology for determining the return on equity applicable to transmission owners in MISO. Thereafter, the participants in the System Energy proceeding agreed to amend the procedural schedule to allow the participants to file supplemental testimony addressing the order in the MISO transmission owner proceeding (Opinion No. 569). In February 2020 the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569 and how it would affect the return on equity evaluation for the two complaint periods concerning System Energy. For the first refund period, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 8.44% ; the MPSC and APSC argue for an authorized return on equity of 8.41% ; and the FERC trial staff argues for an authorized return on equity of 9.22% . For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 7.89% ; the MPSC and APSC argue that an authorized return on equity of 8.01% may be appropriate; and the FERC trial staff argues for an authorized return on equity of 8.66% . In April 2020, System Energy filed supplemental answering testimony addressing Opinion No. 569. System Energy argues that the Opinion No. 569 methodology is conceptually and analytically defective for purposes of establishing just and reasonable authorized return on equity determinations and proposes an alternative approach. As its primary recommendation, System Energy continues to support the return on equity determinations in its March 2019 testimony for the first refund period and its June 2019 testimony for the second refund period. Under the Opinion No. 569 methodology, System Energy calculates a “presumptively just and reasonable range” for the authorized return on equity for the first refund period of 8.57% to 9.52% , and for the second refund period of 8.28% to 9.11% . System Energy argues that these ranges are not just and reasonable results. Under its proposed alternative methodology, System Energy calculates an authorized return on equity of 10.26% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. The schedule was further revised in March 2020, and rebuttal testimony addressing Opinion No. 569 is due in June 2020; the hearing in the System Energy proceeding will commence in August 2020; and the initial decision will be due in December 2020. Grand Gulf Sale-leaseback Renewal Complaint As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. In February 2019 the presiding ALJ ruled that the hearing ordered by the FERC includes the issue of whether specific subcategories of accumulated deferred income tax should be included in, or excluded from, System Energy’s formula rate. In March 2019 the LPSC, MPSC, APSC, and City Council filed direct testimony. The LPSC testimony sought refunds that include the renewal lease payments (approximately $17.2 million per year since July 2015), rate base reductions for accumulated deferred income taxes associated with uncertain tax positions, and the cost of capital additions associated with the sale-leaseback interest, as well as interest on those amounts. In June 2019 System Energy filed answering testimony arguing that the FERC should reject all claims for refunds. Among other things, System Energy argued that claims for refunds of the costs of lease renewal payments and capital additions should be rejected because those costs were recovered consistent with the Unit Power Sales Agreement formula rate, System Energy was not over or double recovering any costs, and customers will save costs over the initial and renewal terms of the leases. System Energy argued that claims for refunds associated with liabilities arising from uncertain tax positions should be rejected because the liabilities do not provide cost-free capital, the repayment timing of the liabilities is uncertain, and the outcome of the underlying tax positions is uncertain. System Energy’s testimony also challenged the refund calculations supplied by the other parties. In August 2019 the FERC trial staff filed direct and answering testimony seeking refunds for rate base reductions for the liabilities associated with uncertain tax positions. The FERC trial staff also argued that System Energy recovered $32 million more than it should have in depreciation expense for capital additions. In September 2019, System Energy filed cross-answering testimony disputing the FERC trial staff’s arguments for refunds, stating that the FERC trial staff’s position regarding depreciation rates for capital additions is not unreasonable, but explaining that any change in depreciation expense is only one element of a Unit Power Sales Agreement re-billing calculation. Adjustments to depreciation expense in any re-billing under the Unit Power Sales Agreement formula rate will also involve changes to accumulated depreciation, accumulated deferred income taxes, and other formula elements as needed. In October 2019 the LPSC filed rebuttal testimony increasing the amount of refunds sought for the liabilities associated with uncertain tax positions. The LPSC now seeks approximately $512 million , plus interest, which is approximately $170 million through March 31, 2020. The FERC trial staff also filed rebuttal testimony in which it seeks refunds of a similar amount as the LPSC for the liabilities associated with uncertain tax positions. The LPSC testimony also argued that adjustments to depreciation rates should affect rate base on a prospective basis only. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million . The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through March 31, 2020, is approximately $397 million , plus interest, which is approximately $96 million through March 31, 2020. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $18 million , which includes interest through March 31, 2020. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of many of the findings in the ALJ’s initial decision, including the lease renewal and uncertain tax position issues. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. Briefs on exceptions from all parties are scheduled for June 2020, and briefs opposing exceptions are scheduled for September 2020. The FERC will then review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision.
Entergy Louisiana [Member]
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, Entergy proposed revisions to the Unit Power Sales Agreement, among other agreements, to reflect the effects of the Tax Act. In the filing System Energy proposed to return all of its unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement are challenging the treatment and amount of excess tax liabilities associated with uncertain tax positions related to nuclear decommissioning. The initial decision is due in July 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery has not yet commenced. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million , including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. A hearing on the merits is currently set for May 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filing In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund, pending a final MPSC order. A final order is expected in the second quarter 2020, with the resulting final rates, including amounts above the 2% cap of 2019 retail revenues, effective July 2020. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ( $42 million electric, including $29 million in rider reductions; and $3 million gas). As a result, Entergy New Orleans fully implemented the new rates in April 2020. The merits of the appeal will be subject to a separate procedural schedule issued by the Civil District Court. 2020 Formula Rate Plan Filing In April 2020, Entergy New Orleans filed a motion with the City Council to delay its formula rate plan filing until June 2020. In May 2020 the City Council issued an order extending the filing deadline for Entergy New Orleans’s formula rate plan filing to June 29, 2020. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider from Entergy Texas’s retail customers based on its capital invested in distribution between January 1, 2019 and December 31, 2019. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehearing of the FERC’s March 2018 order affirming the ALJ’s initial decision in the consolidated proceedings. Entergy filed in May 2018 the bandwidth true-up payments and receipts for the 2011-2014 rate filings and the payments were made in May 2018. In April 2020 the FERC issued an order partially granting the LPSC’s rehearing request. In the order the FERC reversed its prior finding and determined that the tax gain portion of the Waterford 3 financing accumulated deferred income tax should be included in the bandwidth calculation. The order requires Entergy Services to redetermine bandwidth true-up payments and receipts for the 2010-2012 test years. Entergy Arkansas Opportunity Sales Proceeding As discussed in the Form 10-K, the FERC’s opportunity sales orders have been appealed to the D.C. Circuit by Entergy, the LPSC, and the APSC. In February 2020 all of the appeals were consolidated and in April 2020 the D.C. Circuit established a briefing schedule. Briefing will occur in May 2020 through September 2020. Also as discussed in the Form 10-K, in May 2019, Entergy Arkansas filed an application with the APSC requesting approval of a special rider tariff to recover the costs of its opportunity sales payments from its retail customers over a 24-month period. In January 2020 the Attorney General and Arkansas Electric Energy Consumers, Inc. filed testimony opposing the recovery by Entergy Arkansas of the opportunity sales payment but also claiming that certain components of the payment should be segregated and refunded to customers. In March 2020, Entergy Arkansas filed rebuttal testimony. Also in March 2020, Entergy Arkansas, the APSC staff, and the Arkansas Electric Energy Consumers, Inc. filed a joint motion asking the APSC to issue a final decision based on the record in the proceeding and cancel the April 2020 evidentiary hearing. The Arkansas Attorney General did not oppose the request, which was granted by the APSC in March 2020. A final decision is expected in July 2020. Complaints Against System Energy Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in November 2019, in a proceeding that did not involve Entergy, the FERC issued an order addressing the methodology for determining the return on equity applicable to transmission owners in MISO. Thereafter, the participants in the System Energy proceeding agreed to amend the procedural schedule to allow the participants to file supplemental testimony addressing the order in the MISO transmission owner proceeding (Opinion No. 569). In February 2020 the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569 and how it would affect the return on equity evaluation for the two complaint periods concerning System Energy. For the first refund period, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 8.44% ; the MPSC and APSC argue for an authorized return on equity of 8.41% ; and the FERC trial staff argues for an authorized return on equity of 9.22% . For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 7.89% ; the MPSC and APSC argue that an authorized return on equity of 8.01% may be appropriate; and the FERC trial staff argues for an authorized return on equity of 8.66% . In April 2020, System Energy filed supplemental answering testimony addressing Opinion No. 569. System Energy argues that the Opinion No. 569 methodology is conceptually and analytically defective for purposes of establishing just and reasonable authorized return on equity determinations and proposes an alternative approach. As its primary recommendation, System Energy continues to support the return on equity determinations in its March 2019 testimony for the first refund period and its June 2019 testimony for the second refund period. Under the Opinion No. 569 methodology, System Energy calculates a “presumptively just and reasonable range” for the authorized return on equity for the first refund period of 8.57% to 9.52% , and for the second refund period of 8.28% to 9.11% . System Energy argues that these ranges are not just and reasonable results. Under its proposed alternative methodology, System Energy calculates an authorized return on equity of 10.26% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. The schedule was further revised in March 2020, and rebuttal testimony addressing Opinion No. 569 is due in June 2020; the hearing in the System Energy proceeding will commence in August 2020; and the initial decision will be due in December 2020. Grand Gulf Sale-leaseback Renewal Complaint As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. In February 2019 the presiding ALJ ruled that the hearing ordered by the FERC includes the issue of whether specific subcategories of accumulated deferred income tax should be included in, or excluded from, System Energy’s formula rate. In March 2019 the LPSC, MPSC, APSC, and City Council filed direct testimony. The LPSC testimony sought refunds that include the renewal lease payments (approximately $17.2 million per year since July 2015), rate base reductions for accumulated deferred income taxes associated with uncertain tax positions, and the cost of capital additions associated with the sale-leaseback interest, as well as interest on those amounts. In June 2019 System Energy filed answering testimony arguing that the FERC should reject all claims for refunds. Among other things, System Energy argued that claims for refunds of the costs of lease renewal payments and capital additions should be rejected because those costs were recovered consistent with the Unit Power Sales Agreement formula rate, System Energy was not over or double recovering any costs, and customers will save costs over the initial and renewal terms of the leases. System Energy argued that claims for refunds associated with liabilities arising from uncertain tax positions should be rejected because the liabilities do not provide cost-free capital, the repayment timing of the liabilities is uncertain, and the outcome of the underlying tax positions is uncertain. System Energy’s testimony also challenged the refund calculations supplied by the other parties. In August 2019 the FERC trial staff filed direct and answering testimony seeking refunds for rate base reductions for the liabilities associated with uncertain tax positions. The FERC trial staff also argued that System Energy recovered $32 million more than it should have in depreciation expense for capital additions. In September 2019, System Energy filed cross-answering testimony disputing the FERC trial staff’s arguments for refunds, stating that the FERC trial staff’s position regarding depreciation rates for capital additions is not unreasonable, but explaining that any change in depreciation expense is only one element of a Unit Power Sales Agreement re-billing calculation. Adjustments to depreciation expense in any re-billing under the Unit Power Sales Agreement formula rate will also involve changes to accumulated depreciation, accumulated deferred income taxes, and other formula elements as needed. In October 2019 the LPSC filed rebuttal testimony increasing the amount of refunds sought for the liabilities associated with uncertain tax positions. The LPSC now seeks approximately $512 million , plus interest, which is approximately $170 million through March 31, 2020. The FERC trial staff also filed rebuttal testimony in which it seeks refunds of a similar amount as the LPSC for the liabilities associated with uncertain tax positions. The LPSC testimony also argued that adjustments to depreciation rates should affect rate base on a prospective basis only. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million . The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through March 31, 2020, is approximately $397 million , plus interest, which is approximately $96 million through March 31, 2020. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $18 million , which includes interest through March 31, 2020. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of many of the findings in the ALJ’s initial decision, including the lease renewal and uncertain tax position issues. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. Briefs on exceptions from all parties are scheduled for June 2020, and briefs opposing exceptions are scheduled for September 2020. The FERC will then review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision.
Entergy Mississippi [Member]
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, Entergy proposed revisions to the Unit Power Sales Agreement, among other agreements, to reflect the effects of the Tax Act. In the filing System Energy proposed to return all of its unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement are challenging the treatment and amount of excess tax liabilities associated with uncertain tax positions related to nuclear decommissioning. The initial decision is due in July 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery has not yet commenced. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million , including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. A hearing on the merits is currently set for May 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filing In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund, pending a final MPSC order. A final order is expected in the second quarter 2020, with the resulting final rates, including amounts above the 2% cap of 2019 retail revenues, effective July 2020. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ( $42 million electric, including $29 million in rider reductions; and $3 million gas). As a result, Entergy New Orleans fully implemented the new rates in April 2020. The merits of the appeal will be subject to a separate procedural schedule issued by the Civil District Court. 2020 Formula Rate Plan Filing In April 2020, Entergy New Orleans filed a motion with the City Council to delay its formula rate plan filing until June 2020. In May 2020 the City Council issued an order extending the filing deadline for Entergy New Orleans’s formula rate plan filing to June 29, 2020. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider from Entergy Texas’s retail customers based on its capital invested in distribution between January 1, 2019 and December 31, 2019. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehearing of the FERC’s March 2018 order affirming the ALJ’s initial decision in the consolidated proceedings. Entergy filed in May 2018 the bandwidth true-up payments and receipts for the 2011-2014 rate filings and the payments were made in May 2018. In April 2020 the FERC issued an order partially granting the LPSC’s rehearing request. In the order the FERC reversed its prior finding and determined that the tax gain portion of the Waterford 3 financing accumulated deferred income tax should be included in the bandwidth calculation. The order requires Entergy Services to redetermine bandwidth true-up payments and receipts for the 2010-2012 test years. Entergy Arkansas Opportunity Sales Proceeding As discussed in the Form 10-K, the FERC’s opportunity sales orders have been appealed to the D.C. Circuit by Entergy, the LPSC, and the APSC. In February 2020 all of the appeals were consolidated and in April 2020 the D.C. Circuit established a briefing schedule. Briefing will occur in May 2020 through September 2020. Also as discussed in the Form 10-K, in May 2019, Entergy Arkansas filed an application with the APSC requesting approval of a special rider tariff to recover the costs of its opportunity sales payments from its retail customers over a 24-month period. In January 2020 the Attorney General and Arkansas Electric Energy Consumers, Inc. filed testimony opposing the recovery by Entergy Arkansas of the opportunity sales payment but also claiming that certain components of the payment should be segregated and refunded to customers. In March 2020, Entergy Arkansas filed rebuttal testimony. Also in March 2020, Entergy Arkansas, the APSC staff, and the Arkansas Electric Energy Consumers, Inc. filed a joint motion asking the APSC to issue a final decision based on the record in the proceeding and cancel the April 2020 evidentiary hearing. The Arkansas Attorney General did not oppose the request, which was granted by the APSC in March 2020. A final decision is expected in July 2020. Complaints Against System Energy Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in November 2019, in a proceeding that did not involve Entergy, the FERC issued an order addressing the methodology for determining the return on equity applicable to transmission owners in MISO. Thereafter, the participants in the System Energy proceeding agreed to amend the procedural schedule to allow the participants to file supplemental testimony addressing the order in the MISO transmission owner proceeding (Opinion No. 569). In February 2020 the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569 and how it would affect the return on equity evaluation for the two complaint periods concerning System Energy. For the first refund period, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 8.44% ; the MPSC and APSC argue for an authorized return on equity of 8.41% ; and the FERC trial staff argues for an authorized return on equity of 9.22% . For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 7.89% ; the MPSC and APSC argue that an authorized return on equity of 8.01% may be appropriate; and the FERC trial staff argues for an authorized return on equity of 8.66% . In April 2020, System Energy filed supplemental answering testimony addressing Opinion No. 569. System Energy argues that the Opinion No. 569 methodology is conceptually and analytically defective for purposes of establishing just and reasonable authorized return on equity determinations and proposes an alternative approach. As its primary recommendation, System Energy continues to support the return on equity determinations in its March 2019 testimony for the first refund period and its June 2019 testimony for the second refund period. Under the Opinion No. 569 methodology, System Energy calculates a “presumptively just and reasonable range” for the authorized return on equity for the first refund period of 8.57% to 9.52% , and for the second refund period of 8.28% to 9.11% . System Energy argues that these ranges are not just and reasonable results. Under its proposed alternative methodology, System Energy calculates an authorized return on equity of 10.26% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. The schedule was further revised in March 2020, and rebuttal testimony addressing Opinion No. 569 is due in June 2020; the hearing in the System Energy proceeding will commence in August 2020; and the initial decision will be due in December 2020. Grand Gulf Sale-leaseback Renewal Complaint As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. In February 2019 the presiding ALJ ruled that the hearing ordered by the FERC includes the issue of whether specific subcategories of accumulated deferred income tax should be included in, or excluded from, System Energy’s formula rate. In March 2019 the LPSC, MPSC, APSC, and City Council filed direct testimony. The LPSC testimony sought refunds that include the renewal lease payments (approximately $17.2 million per year since July 2015), rate base reductions for accumulated deferred income taxes associated with uncertain tax positions, and the cost of capital additions associated with the sale-leaseback interest, as well as interest on those amounts. In June 2019 System Energy filed answering testimony arguing that the FERC should reject all claims for refunds. Among other things, System Energy argued that claims for refunds of the costs of lease renewal payments and capital additions should be rejected because those costs were recovered consistent with the Unit Power Sales Agreement formula rate, System Energy was not over or double recovering any costs, and customers will save costs over the initial and renewal terms of the leases. System Energy argued that claims for refunds associated with liabilities arising from uncertain tax positions should be rejected because the liabilities do not provide cost-free capital, the repayment timing of the liabilities is uncertain, and the outcome of the underlying tax positions is uncertain. System Energy’s testimony also challenged the refund calculations supplied by the other parties. In August 2019 the FERC trial staff filed direct and answering testimony seeking refunds for rate base reductions for the liabilities associated with uncertain tax positions. The FERC trial staff also argued that System Energy recovered $32 million more than it should have in depreciation expense for capital additions. In September 2019, System Energy filed cross-answering testimony disputing the FERC trial staff’s arguments for refunds, stating that the FERC trial staff’s position regarding depreciation rates for capital additions is not unreasonable, but explaining that any change in depreciation expense is only one element of a Unit Power Sales Agreement re-billing calculation. Adjustments to depreciation expense in any re-billing under the Unit Power Sales Agreement formula rate will also involve changes to accumulated depreciation, accumulated deferred income taxes, and other formula elements as needed. In October 2019 the LPSC filed rebuttal testimony increasing the amount of refunds sought for the liabilities associated with uncertain tax positions. The LPSC now seeks approximately $512 million , plus interest, which is approximately $170 million through March 31, 2020. The FERC trial staff also filed rebuttal testimony in which it seeks refunds of a similar amount as the LPSC for the liabilities associated with uncertain tax positions. The LPSC testimony also argued that adjustments to depreciation rates should affect rate base on a prospective basis only. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million . The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through March 31, 2020, is approximately $397 million , plus interest, which is approximately $96 million through March 31, 2020. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $18 million , which includes interest through March 31, 2020. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of many of the findings in the ALJ’s initial decision, including the lease renewal and uncertain tax position issues. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. Briefs on exceptions from all parties are scheduled for June 2020, and briefs opposing exceptions are scheduled for September 2020. The FERC will then review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision.
Entergy New Orleans [Member]
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, Entergy proposed revisions to the Unit Power Sales Agreement, among other agreements, to reflect the effects of the Tax Act. In the filing System Energy proposed to return all of its unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement are challenging the treatment and amount of excess tax liabilities associated with uncertain tax positions related to nuclear decommissioning. The initial decision is due in July 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery has not yet commenced. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million , including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. A hearing on the merits is currently set for May 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filing In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund, pending a final MPSC order. A final order is expected in the second quarter 2020, with the resulting final rates, including amounts above the 2% cap of 2019 retail revenues, effective July 2020. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ( $42 million electric, including $29 million in rider reductions; and $3 million gas). As a result, Entergy New Orleans fully implemented the new rates in April 2020. The merits of the appeal will be subject to a separate procedural schedule issued by the Civil District Court. 2020 Formula Rate Plan Filing In April 2020, Entergy New Orleans filed a motion with the City Council to delay its formula rate plan filing until June 2020. In May 2020 the City Council issued an order extending the filing deadline for Entergy New Orleans’s formula rate plan filing to June 29, 2020. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider from Entergy Texas’s retail customers based on its capital invested in distribution between January 1, 2019 and December 31, 2019. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehearing of the FERC’s March 2018 order affirming the ALJ’s initial decision in the consolidated proceedings. Entergy filed in May 2018 the bandwidth true-up payments and receipts for the 2011-2014 rate filings and the payments were made in May 2018. In April 2020 the FERC issued an order partially granting the LPSC’s rehearing request. In the order the FERC reversed its prior finding and determined that the tax gain portion of the Waterford 3 financing accumulated deferred income tax should be included in the bandwidth calculation. The order requires Entergy Services to redetermine bandwidth true-up payments and receipts for the 2010-2012 test years. Entergy Arkansas Opportunity Sales Proceeding As discussed in the Form 10-K, the FERC’s opportunity sales orders have been appealed to the D.C. Circuit by Entergy, the LPSC, and the APSC. In February 2020 all of the appeals were consolidated and in April 2020 the D.C. Circuit established a briefing schedule. Briefing will occur in May 2020 through September 2020. Also as discussed in the Form 10-K, in May 2019, Entergy Arkansas filed an application with the APSC requesting approval of a special rider tariff to recover the costs of its opportunity sales payments from its retail customers over a 24-month period. In January 2020 the Attorney General and Arkansas Electric Energy Consumers, Inc. filed testimony opposing the recovery by Entergy Arkansas of the opportunity sales payment but also claiming that certain components of the payment should be segregated and refunded to customers. In March 2020, Entergy Arkansas filed rebuttal testimony. Also in March 2020, Entergy Arkansas, the APSC staff, and the Arkansas Electric Energy Consumers, Inc. filed a joint motion asking the APSC to issue a final decision based on the record in the proceeding and cancel the April 2020 evidentiary hearing. The Arkansas Attorney General did not oppose the request, which was granted by the APSC in March 2020. A final decision is expected in July 2020. Complaints Against System Energy Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in November 2019, in a proceeding that did not involve Entergy, the FERC issued an order addressing the methodology for determining the return on equity applicable to transmission owners in MISO. Thereafter, the participants in the System Energy proceeding agreed to amend the procedural schedule to allow the participants to file supplemental testimony addressing the order in the MISO transmission owner proceeding (Opinion No. 569). In February 2020 the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569 and how it would affect the return on equity evaluation for the two complaint periods concerning System Energy. For the first refund period, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 8.44% ; the MPSC and APSC argue for an authorized return on equity of 8.41% ; and the FERC trial staff argues for an authorized return on equity of 9.22% . For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 7.89% ; the MPSC and APSC argue that an authorized return on equity of 8.01% may be appropriate; and the FERC trial staff argues for an authorized return on equity of 8.66% . In April 2020, System Energy filed supplemental answering testimony addressing Opinion No. 569. System Energy argues that the Opinion No. 569 methodology is conceptually and analytically defective for purposes of establishing just and reasonable authorized return on equity determinations and proposes an alternative approach. As its primary recommendation, System Energy continues to support the return on equity determinations in its March 2019 testimony for the first refund period and its June 2019 testimony for the second refund period. Under the Opinion No. 569 methodology, System Energy calculates a “presumptively just and reasonable range” for the authorized return on equity for the first refund period of 8.57% to 9.52% , and for the second refund period of 8.28% to 9.11% . System Energy argues that these ranges are not just and reasonable results. Under its proposed alternative methodology, System Energy calculates an authorized return on equity of 10.26% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. The schedule was further revised in March 2020, and rebuttal testimony addressing Opinion No. 569 is due in June 2020; the hearing in the System Energy proceeding will commence in August 2020; and the initial decision will be due in December 2020. Grand Gulf Sale-leaseback Renewal Complaint As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. In February 2019 the presiding ALJ ruled that the hearing ordered by the FERC includes the issue of whether specific subcategories of accumulated deferred income tax should be included in, or excluded from, System Energy’s formula rate. In March 2019 the LPSC, MPSC, APSC, and City Council filed direct testimony. The LPSC testimony sought refunds that include the renewal lease payments (approximately $17.2 million per year since July 2015), rate base reductions for accumulated deferred income taxes associated with uncertain tax positions, and the cost of capital additions associated with the sale-leaseback interest, as well as interest on those amounts. In June 2019 System Energy filed answering testimony arguing that the FERC should reject all claims for refunds. Among other things, System Energy argued that claims for refunds of the costs of lease renewal payments and capital additions should be rejected because those costs were recovered consistent with the Unit Power Sales Agreement formula rate, System Energy was not over or double recovering any costs, and customers will save costs over the initial and renewal terms of the leases. System Energy argued that claims for refunds associated with liabilities arising from uncertain tax positions should be rejected because the liabilities do not provide cost-free capital, the repayment timing of the liabilities is uncertain, and the outcome of the underlying tax positions is uncertain. System Energy’s testimony also challenged the refund calculations supplied by the other parties. In August 2019 the FERC trial staff filed direct and answering testimony seeking refunds for rate base reductions for the liabilities associated with uncertain tax positions. The FERC trial staff also argued that System Energy recovered $32 million more than it should have in depreciation expense for capital additions. In September 2019, System Energy filed cross-answering testimony disputing the FERC trial staff’s arguments for refunds, stating that the FERC trial staff’s position regarding depreciation rates for capital additions is not unreasonable, but explaining that any change in depreciation expense is only one element of a Unit Power Sales Agreement re-billing calculation. Adjustments to depreciation expense in any re-billing under the Unit Power Sales Agreement formula rate will also involve changes to accumulated depreciation, accumulated deferred income taxes, and other formula elements as needed. In October 2019 the LPSC filed rebuttal testimony increasing the amount of refunds sought for the liabilities associated with uncertain tax positions. The LPSC now seeks approximately $512 million , plus interest, which is approximately $170 million through March 31, 2020. The FERC trial staff also filed rebuttal testimony in which it seeks refunds of a similar amount as the LPSC for the liabilities associated with uncertain tax positions. The LPSC testimony also argued that adjustments to depreciation rates should affect rate base on a prospective basis only. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million . The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through March 31, 2020, is approximately $397 million , plus interest, which is approximately $96 million through March 31, 2020. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $18 million , which includes interest through March 31, 2020. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of many of the findings in the ALJ’s initial decision, including the lease renewal and uncertain tax position issues. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. Briefs on exceptions from all parties are scheduled for June 2020, and briefs opposing exceptions are scheduled for September 2020. The FERC will then review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision.
Entergy Texas [Member]
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, Entergy proposed revisions to the Unit Power Sales Agreement, among other agreements, to reflect the effects of the Tax Act. In the filing System Energy proposed to return all of its unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement are challenging the treatment and amount of excess tax liabilities associated with uncertain tax positions related to nuclear decommissioning. The initial decision is due in July 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery has not yet commenced. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million , including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. A hearing on the merits is currently set for May 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filing In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund, pending a final MPSC order. A final order is expected in the second quarter 2020, with the resulting final rates, including amounts above the 2% cap of 2019 retail revenues, effective July 2020. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ( $42 million electric, including $29 million in rider reductions; and $3 million gas). As a result, Entergy New Orleans fully implemented the new rates in April 2020. The merits of the appeal will be subject to a separate procedural schedule issued by the Civil District Court. 2020 Formula Rate Plan Filing In April 2020, Entergy New Orleans filed a motion with the City Council to delay its formula rate plan filing until June 2020. In May 2020 the City Council issued an order extending the filing deadline for Entergy New Orleans’s formula rate plan filing to June 29, 2020. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider from Entergy Texas’s retail customers based on its capital invested in distribution between January 1, 2019 and December 31, 2019. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehearing of the FERC’s March 2018 order affirming the ALJ’s initial decision in the consolidated proceedings. Entergy filed in May 2018 the bandwidth true-up payments and receipts for the 2011-2014 rate filings and the payments were made in May 2018. In April 2020 the FERC issued an order partially granting the LPSC’s rehearing request. In the order the FERC reversed its prior finding and determined that the tax gain portion of the Waterford 3 financing accumulated deferred income tax should be included in the bandwidth calculation. The order requires Entergy Services to redetermine bandwidth true-up payments and receipts for the 2010-2012 test years. Entergy Arkansas Opportunity Sales Proceeding As discussed in the Form 10-K, the FERC’s opportunity sales orders have been appealed to the D.C. Circuit by Entergy, the LPSC, and the APSC. In February 2020 all of the appeals were consolidated and in April 2020 the D.C. Circuit established a briefing schedule. Briefing will occur in May 2020 through September 2020. Also as discussed in the Form 10-K, in May 2019, Entergy Arkansas filed an application with the APSC requesting approval of a special rider tariff to recover the costs of its opportunity sales payments from its retail customers over a 24-month period. In January 2020 the Attorney General and Arkansas Electric Energy Consumers, Inc. filed testimony opposing the recovery by Entergy Arkansas of the opportunity sales payment but also claiming that certain components of the payment should be segregated and refunded to customers. In March 2020, Entergy Arkansas filed rebuttal testimony. Also in March 2020, Entergy Arkansas, the APSC staff, and the Arkansas Electric Energy Consumers, Inc. filed a joint motion asking the APSC to issue a final decision based on the record in the proceeding and cancel the April 2020 evidentiary hearing. The Arkansas Attorney General did not oppose the request, which was granted by the APSC in March 2020. A final decision is expected in July 2020. Complaints Against System Energy Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in November 2019, in a proceeding that did not involve Entergy, the FERC issued an order addressing the methodology for determining the return on equity applicable to transmission owners in MISO. Thereafter, the participants in the System Energy proceeding agreed to amend the procedural schedule to allow the participants to file supplemental testimony addressing the order in the MISO transmission owner proceeding (Opinion No. 569). In February 2020 the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569 and how it would affect the return on equity evaluation for the two complaint periods concerning System Energy. For the first refund period, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 8.44% ; the MPSC and APSC argue for an authorized return on equity of 8.41% ; and the FERC trial staff argues for an authorized return on equity of 9.22% . For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 7.89% ; the MPSC and APSC argue that an authorized return on equity of 8.01% may be appropriate; and the FERC trial staff argues for an authorized return on equity of 8.66% . In April 2020, System Energy filed supplemental answering testimony addressing Opinion No. 569. System Energy argues that the Opinion No. 569 methodology is conceptually and analytically defective for purposes of establishing just and reasonable authorized return on equity determinations and proposes an alternative approach. As its primary recommendation, System Energy continues to support the return on equity determinations in its March 2019 testimony for the first refund period and its June 2019 testimony for the second refund period. Under the Opinion No. 569 methodology, System Energy calculates a “presumptively just and reasonable range” for the authorized return on equity for the first refund period of 8.57% to 9.52% , and for the second refund period of 8.28% to 9.11% . System Energy argues that these ranges are not just and reasonable results. Under its proposed alternative methodology, System Energy calculates an authorized return on equity of 10.26% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. The schedule was further revised in March 2020, and rebuttal testimony addressing Opinion No. 569 is due in June 2020; the hearing in the System Energy proceeding will commence in August 2020; and the initial decision will be due in December 2020. Grand Gulf Sale-leaseback Renewal Complaint As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. In February 2019 the presiding ALJ ruled that the hearing ordered by the FERC includes the issue of whether specific subcategories of accumulated deferred income tax should be included in, or excluded from, System Energy’s formula rate. In March 2019 the LPSC, MPSC, APSC, and City Council filed direct testimony. The LPSC testimony sought refunds that include the renewal lease payments (approximately $17.2 million per year since July 2015), rate base reductions for accumulated deferred income taxes associated with uncertain tax positions, and the cost of capital additions associated with the sale-leaseback interest, as well as interest on those amounts. In June 2019 System Energy filed answering testimony arguing that the FERC should reject all claims for refunds. Among other things, System Energy argued that claims for refunds of the costs of lease renewal payments and capital additions should be rejected because those costs were recovered consistent with the Unit Power Sales Agreement formula rate, System Energy was not over or double recovering any costs, and customers will save costs over the initial and renewal terms of the leases. System Energy argued that claims for refunds associated with liabilities arising from uncertain tax positions should be rejected because the liabilities do not provide cost-free capital, the repayment timing of the liabilities is uncertain, and the outcome of the underlying tax positions is uncertain. System Energy’s testimony also challenged the refund calculations supplied by the other parties. In August 2019 the FERC trial staff filed direct and answering testimony seeking refunds for rate base reductions for the liabilities associated with uncertain tax positions. The FERC trial staff also argued that System Energy recovered $32 million more than it should have in depreciation expense for capital additions. In September 2019, System Energy filed cross-answering testimony disputing the FERC trial staff’s arguments for refunds, stating that the FERC trial staff’s position regarding depreciation rates for capital additions is not unreasonable, but explaining that any change in depreciation expense is only one element of a Unit Power Sales Agreement re-billing calculation. Adjustments to depreciation expense in any re-billing under the Unit Power Sales Agreement formula rate will also involve changes to accumulated depreciation, accumulated deferred income taxes, and other formula elements as needed. In October 2019 the LPSC filed rebuttal testimony increasing the amount of refunds sought for the liabilities associated with uncertain tax positions. The LPSC now seeks approximately $512 million , plus interest, which is approximately $170 million through March 31, 2020. The FERC trial staff also filed rebuttal testimony in which it seeks refunds of a similar amount as the LPSC for the liabilities associated with uncertain tax positions. The LPSC testimony also argued that adjustments to depreciation rates should affect rate base on a prospective basis only. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million . The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through March 31, 2020, is approximately $397 million , plus interest, which is approximately $96 million through March 31, 2020. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $18 million , which includes interest through March 31, 2020. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of many of the findings in the ALJ’s initial decision, including the lease renewal and uncertain tax position issues. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. Briefs on exceptions from all parties are scheduled for June 2020, and briefs opposing exceptions are scheduled for September 2020. The FERC will then review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision.
System Energy [Member]
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, Entergy proposed revisions to the Unit Power Sales Agreement, among other agreements, to reflect the effects of the Tax Act. In the filing System Energy proposed to return all of its unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement are challenging the treatment and amount of excess tax liabilities associated with uncertain tax positions related to nuclear decommissioning. The initial decision is due in July 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery has not yet commenced. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million , including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. A hearing on the merits is currently set for May 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filing In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund, pending a final MPSC order. A final order is expected in the second quarter 2020, with the resulting final rates, including amounts above the 2% cap of 2019 retail revenues, effective July 2020. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ( $42 million electric, including $29 million in rider reductions; and $3 million gas). As a result, Entergy New Orleans fully implemented the new rates in April 2020. The merits of the appeal will be subject to a separate procedural schedule issued by the Civil District Court. 2020 Formula Rate Plan Filing In April 2020, Entergy New Orleans filed a motion with the City Council to delay its formula rate plan filing until June 2020. In May 2020 the City Council issued an order extending the filing deadline for Entergy New Orleans’s formula rate plan filing to June 29, 2020. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider from Entergy Texas’s retail customers based on its capital invested in distribution between January 1, 2019 and December 31, 2019. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehearing of the FERC’s March 2018 order affirming the ALJ’s initial decision in the consolidated proceedings. Entergy filed in May 2018 the bandwidth true-up payments and receipts for the 2011-2014 rate filings and the payments were made in May 2018. In April 2020 the FERC issued an order partially granting the LPSC’s rehearing request. In the order the FERC reversed its prior finding and determined that the tax gain portion of the Waterford 3 financing accumulated deferred income tax should be included in the bandwidth calculation. The order requires Entergy Services to redetermine bandwidth true-up payments and receipts for the 2010-2012 test years. Entergy Arkansas Opportunity Sales Proceeding As discussed in the Form 10-K, the FERC’s opportunity sales orders have been appealed to the D.C. Circuit by Entergy, the LPSC, and the APSC. In February 2020 all of the appeals were consolidated and in April 2020 the D.C. Circuit established a briefing schedule. Briefing will occur in May 2020 through September 2020. Also as discussed in the Form 10-K, in May 2019, Entergy Arkansas filed an application with the APSC requesting approval of a special rider tariff to recover the costs of its opportunity sales payments from its retail customers over a 24-month period. In January 2020 the Attorney General and Arkansas Electric Energy Consumers, Inc. filed testimony opposing the recovery by Entergy Arkansas of the opportunity sales payment but also claiming that certain components of the payment should be segregated and refunded to customers. In March 2020, Entergy Arkansas filed rebuttal testimony. Also in March 2020, Entergy Arkansas, the APSC staff, and the Arkansas Electric Energy Consumers, Inc. filed a joint motion asking the APSC to issue a final decision based on the record in the proceeding and cancel the April 2020 evidentiary hearing. The Arkansas Attorney General did not oppose the request, which was granted by the APSC in March 2020. A final decision is expected in July 2020. Complaints Against System Energy Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in November 2019, in a proceeding that did not involve Entergy, the FERC issued an order addressing the methodology for determining the return on equity applicable to transmission owners in MISO. Thereafter, the participants in the System Energy proceeding agreed to amend the procedural schedule to allow the participants to file supplemental testimony addressing the order in the MISO transmission owner proceeding (Opinion No. 569). In February 2020 the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569 and how it would affect the return on equity evaluation for the two complaint periods concerning System Energy. For the first refund period, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 8.44% ; the MPSC and APSC argue for an authorized return on equity of 8.41% ; and the FERC trial staff argues for an authorized return on equity of 9.22% . For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569 methodology, the LPSC argues for an authorized return on equity for System Energy of 7.89% ; the MPSC and APSC argue that an authorized return on equity of 8.01% may be appropriate; and the FERC trial staff argues for an authorized return on equity of 8.66% . In April 2020, System Energy filed supplemental answering testimony addressing Opinion No. 569. System Energy argues that the Opinion No. 569 methodology is conceptually and analytically defective for purposes of establishing just and reasonable authorized return on equity determinations and proposes an alternative approach. As its primary recommendation, System Energy continues to support the return on equity determinations in its March 2019 testimony for the first refund period and its June 2019 testimony for the second refund period. Under the Opinion No. 569 methodology, System Energy calculates a “presumptively just and reasonable range” for the authorized return on equity for the first refund period of 8.57% to 9.52% , and for the second refund period of 8.28% to 9.11% . System Energy argues that these ranges are not just and reasonable results. Under its proposed alternative methodology, System Energy calculates an authorized return on equity of 10.26% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. The schedule was further revised in March 2020, and rebuttal testimony addressing Opinion No. 569 is due in June 2020; the hearing in the System Energy proceeding will commence in August 2020; and the initial decision will be due in December 2020. Grand Gulf Sale-leaseback Renewal Complaint As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. In February 2019 the presiding ALJ ruled that the hearing ordered by the FERC includes the issue of whether specific subcategories of accumulated deferred income tax should be included in, or excluded from, System Energy’s formula rate. In March 2019 the LPSC, MPSC, APSC, and City Council filed direct testimony. The LPSC testimony sought refunds that include the renewal lease payments (approximately $17.2 million per year since July 2015), rate base reductions for accumulated deferred income taxes associated with uncertain tax positions, and the cost of capital additions associated with the sale-leaseback interest, as well as interest on those amounts. In June 2019 System Energy filed answering testimony arguing that the FERC should reject all claims for refunds. Among other things, System Energy argued that claims for refunds of the costs of lease renewal payments and capital additions should be rejected because those costs were recovered consistent with the Unit Power Sales Agreement formula rate, System Energy was not over or double recovering any costs, and customers will save costs over the initial and renewal terms of the leases. System Energy argued that claims for refunds associated with liabilities arising from uncertain tax positions should be rejected because the liabilities do not provide cost-free capital, the repayment timing of the liabilities is uncertain, and the outcome of the underlying tax positions is uncertain. System Energy’s testimony also challenged the refund calculations supplied by the other parties. In August 2019 the FERC trial staff filed direct and answering testimony seeking refunds for rate base reductions for the liabilities associated with uncertain tax positions. The FERC trial staff also argued that System Energy recovered $32 million more than it should have in depreciation expense for capital additions. In September 2019, System Energy filed cross-answering testimony disputing the FERC trial staff’s arguments for refunds, stating that the FERC trial staff’s position regarding depreciation rates for capital additions is not unreasonable, but explaining that any change in depreciation expense is only one element of a Unit Power Sales Agreement re-billing calculation. Adjustments to depreciation expense in any re-billing under the Unit Power Sales Agreement formula rate will also involve changes to accumulated depreciation, accumulated deferred income taxes, and other formula elements as needed. In October 2019 the LPSC filed rebuttal testimony increasing the amount of refunds sought for the liabilities associated with uncertain tax positions. The LPSC now seeks approximately $512 million , plus interest, which is approximately $170 million through March 31, 2020. The FERC trial staff also filed rebuttal testimony in which it seeks refunds of a similar amount as the LPSC for the liabilities associated with uncertain tax positions. The LPSC testimony also argued that adjustments to depreciation rates should affect rate base on a prospective basis only. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million . The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through March 31, 2020, is approximately $397 million , plus interest, which is approximately $96 million through March 31, 2020. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $18 million , which includes interest through March 31, 2020. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of many of the findings in the ALJ’s initial decision, including the lease renewal and uncertain tax position issues. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. Briefs on exceptions from all parties are scheduled for June 2020, and briefs opposing exceptions are scheduled for September 2020. The FERC will then review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision.

Equity

Equity	3 Months Ended
Equity	Mar. 31, 2020
Equity	EQUITY (Entergy Corporation and Entergy Louisiana) Common Stock Earnings per Share The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Three Months Ended March 31, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $118.7 199.8 $0.59 $254.5 189.6 $1.34 Average dilutive effect of: Stock options 0.7 — 0.4 — Other equity plans 0.4 — 0.5 (0.01 ) Equity forwards — — 1.7 (0.01 ) Diluted earnings per share $118.7 200.9 $0.59 $254.5 192.2 $1.32 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.5 million for the three months ended March 31, 2020 and approximately 0.7 million for the three months ended March 31, 2019 . Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K. Dividends declared per common share were $0.93 for the three months ended March 31, 2020 and $0.91 for the three months ended March 31, 2019 . Treasury Stock During the three months ended March 31, 2020 , Entergy Corporation issued 1,011,970 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards. Entergy Corporation did not repurchase any of its common stock during the three months ended March 31, 2020 . Retained Earnings On April 8, 2020, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.93 per share, payable on June 1, 2020, to holders of record as of May 7, 2020. Comprehensive Income Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2020 by component: Cash flow hedges net unrealized gain (loss) Pension and other postretirement liabilities Net unrealized investment gain (loss) Total Accumulated Other Comprehensive Income (Loss) (In Thousands) Beginning balance, December 31, 2019 $84,206 ($557,072 ) $25,946 ($446,920 ) Other comprehensive income (loss) before reclassifications 52,846 34,349 17,713 104,908 Amounts reclassified from accumulated other comprehensive income (loss) (74,556 ) 19,550 (1,969 ) (56,975 ) Net other comprehensive income (loss) for the period (21,710 ) 53,899 15,744 47,933 Ending balance, March 31, 2020 $62,496 ($503,173 ) $41,690 ($398,987 ) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2019 by component: Cash flow hedges net unrealized gain (loss) Pension and other postretirement liabilities Net unrealized investment gain (loss) Total Accumulated Other Comprehensive Income (Loss) (In Thousands) Ending balance, December 31, 2018 ($23,135 ) ($531,922 ) ($2,116 ) ($557,173 ) Implementation of accounting standards (7,685 ) — 879 (6,806 ) Beginning balance, January 1, 2019 ($30,820 ) ($531,922 ) ($1,237 ) ($563,979 ) Other comprehensive income (loss) before reclassifications 28,312 — 13,539 41,851 Amounts reclassified from accumulated other comprehensive income (loss) (40,738 ) 11,550 164 (29,024 ) Net other comprehensive income (loss) for the period (12,426 ) 11,550 13,703 12,827 Ending balance, March 31, 2019 ($43,246 ) ($520,372 ) $12,466 ($551,152 ) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended March 31, 2020 and 2019: Pension and Other 2020 2019 (In Thousands) Beginning balance, January 1, $4,562 ($6,153 ) Other comprehensive income (loss) before reclassifications 10,050 — Amounts reclassified from accumulated other (583 ) (969 ) Net other comprehensive income (loss) for the period 9,467 (969 ) Ending balance, March 31, $14,029 ($7,122 ) Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended March 31, 2020 and 2019 were as follows: Amounts reclassified from AOCI Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $94,423 $51,615 Competitive business operating revenues Interest rate swaps (48 ) (48 ) Miscellaneous - net Total realized gain (loss) on cash flow hedges 94,375 51,567 Income taxes (19,819 ) (10,829 ) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $74,556 $40,738 Pension and other postretirement liabilities Amortization of prior-service credit $3,719 $5,326 (a) Amortization of loss (27,318 ) (18,988 ) (a) Settlement loss — (1,137 ) (a) Total amortization (23,599 ) (14,799 ) Income taxes 4,049 3,249 Income taxes Total amortization (net of tax) ($19,550 ) ($11,550 ) Net unrealized investment gain (loss) Realized gain (loss) $3,116 ($259 ) Interest and investment income Income taxes (1,147 ) 95 Income taxes Total realized investment gain (loss) (net of tax) $1,969 ($164 ) Total reclassifications for the period (net of tax) $56,975 $29,024 (a) These accumulated other comprehensive income (loss) components were 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) into income for Entergy Louisiana for the three months ended March 31, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,089 $1,838 (a) Amortization of loss (301 ) (527 ) (a) Total amortization 788 1,311 Income taxes (205 ) (342 ) Income taxes Total amortization (net of tax) 583 969 Total reclassifications for the period (net of tax) $583 $969 (a) These accumulated other comprehensive income (loss) components were 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]
Equity	EQUITY (Entergy Corporation and Entergy Louisiana) Common Stock Earnings per Share The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Three Months Ended March 31, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $118.7 199.8 $0.59 $254.5 189.6 $1.34 Average dilutive effect of: Stock options 0.7 — 0.4 — Other equity plans 0.4 — 0.5 (0.01 ) Equity forwards — — 1.7 (0.01 ) Diluted earnings per share $118.7 200.9 $0.59 $254.5 192.2 $1.32 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.5 million for the three months ended March 31, 2020 and approximately 0.7 million for the three months ended March 31, 2019 . Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K. Dividends declared per common share were $0.93 for the three months ended March 31, 2020 and $0.91 for the three months ended March 31, 2019 . Treasury Stock During the three months ended March 31, 2020 , Entergy Corporation issued 1,011,970 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards. Entergy Corporation did not repurchase any of its common stock during the three months ended March 31, 2020 . Retained Earnings On April 8, 2020, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.93 per share, payable on June 1, 2020, to holders of record as of May 7, 2020. Comprehensive Income Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2020 by component: Cash flow hedges net unrealized gain (loss) Pension and other postretirement liabilities Net unrealized investment gain (loss) Total Accumulated Other Comprehensive Income (Loss) (In Thousands) Beginning balance, December 31, 2019 $84,206 ($557,072 ) $25,946 ($446,920 ) Other comprehensive income (loss) before reclassifications 52,846 34,349 17,713 104,908 Amounts reclassified from accumulated other comprehensive income (loss) (74,556 ) 19,550 (1,969 ) (56,975 ) Net other comprehensive income (loss) for the period (21,710 ) 53,899 15,744 47,933 Ending balance, March 31, 2020 $62,496 ($503,173 ) $41,690 ($398,987 ) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2019 by component: Cash flow hedges net unrealized gain (loss) Pension and other postretirement liabilities Net unrealized investment gain (loss) Total Accumulated Other Comprehensive Income (Loss) (In Thousands) Ending balance, December 31, 2018 ($23,135 ) ($531,922 ) ($2,116 ) ($557,173 ) Implementation of accounting standards (7,685 ) — 879 (6,806 ) Beginning balance, January 1, 2019 ($30,820 ) ($531,922 ) ($1,237 ) ($563,979 ) Other comprehensive income (loss) before reclassifications 28,312 — 13,539 41,851 Amounts reclassified from accumulated other comprehensive income (loss) (40,738 ) 11,550 164 (29,024 ) Net other comprehensive income (loss) for the period (12,426 ) 11,550 13,703 12,827 Ending balance, March 31, 2019 ($43,246 ) ($520,372 ) $12,466 ($551,152 ) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended March 31, 2020 and 2019: Pension and Other 2020 2019 (In Thousands) Beginning balance, January 1, $4,562 ($6,153 ) Other comprehensive income (loss) before reclassifications 10,050 — Amounts reclassified from accumulated other (583 ) (969 ) Net other comprehensive income (loss) for the period 9,467 (969 ) Ending balance, March 31, $14,029 ($7,122 ) Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended March 31, 2020 and 2019 were as follows: Amounts reclassified from AOCI Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $94,423 $51,615 Competitive business operating revenues Interest rate swaps (48 ) (48 ) Miscellaneous - net Total realized gain (loss) on cash flow hedges 94,375 51,567 Income taxes (19,819 ) (10,829 ) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $74,556 $40,738 Pension and other postretirement liabilities Amortization of prior-service credit $3,719 $5,326 (a) Amortization of loss (27,318 ) (18,988 ) (a) Settlement loss — (1,137 ) (a) Total amortization (23,599 ) (14,799 ) Income taxes 4,049 3,249 Income taxes Total amortization (net of tax) ($19,550 ) ($11,550 ) Net unrealized investment gain (loss) Realized gain (loss) $3,116 ($259 ) Interest and investment income Income taxes (1,147 ) 95 Income taxes Total realized investment gain (loss) (net of tax) $1,969 ($164 ) Total reclassifications for the period (net of tax) $56,975 $29,024 (a) These accumulated other comprehensive income (loss) components were 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) into income for Entergy Louisiana for the three months ended March 31, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,089 $1,838 (a) Amortization of loss (301 ) (527 ) (a) Total amortization 788 1,311 Income taxes (205 ) (342 ) Income taxes Total amortization (net of tax) 583 969 Total reclassifications for the period (net of tax) $583 $969 (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.

Revolving Credit Facilities, Li

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	3 Months Ended
	Mar. 31, 2020
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the three months ended March 31, 2020 was 2.99% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of March 31, 2020 . Capacity Borrowings Letters of Credit Capacity Available (In Millions) $3,500 $922 $6 $2,572 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion . At March 31, 2020 , Entergy Corporation had approximately $1,942 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2020 was 2.02% . Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2020 as follows: Company Expiration Date Amount of Facility Interest Rate (a) Amount Drawn as of March 31, 2020 Letters of Credit Outstanding as of March 31, 2020 Entergy Arkansas April 2021 $20 million (b) 2.11% $— $— Entergy Arkansas September 2024 $150 million (c) 2.11% $— $— Entergy Louisiana September 2024 $350 million (c) 2.11% $— $— Entergy Mississippi April 2021 $37.5 million (d) 2.49% $— $— Entergy Mississippi April 2021 $35 million (d) 2.49% $— $— Entergy Mississippi April 2021 $10 million (d) 2.49% $— $— Entergy New Orleans November 2021 $25 million (c) 2.26% $— $0.8 million Entergy Texas September 2024 $150 million (c) 2.49% $— $1.3 million (a) The interest rate is the estimated interest rate as of March 31, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2020 : Company Amount of Uncommitted Facility Letter of Credit Fee Letters of Credit Issued as of March 31, 2020 (a) Entergy Arkansas $25 million 0.70% $1 million Entergy Louisiana $125 million 0.70% $25.6 million Entergy Mississippi $64 million 0.70% $1.8 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.4 million (a) As of March 31, 2020 , letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. See Note 8 to the financial statements herein for discussion of financial transmission rights. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy New Orleans are effective through October 31, 2021. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy are effective through November 8, 2020. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of March 31, 2020 : Company Expiration Date Amount of Facility Weighted Average Interest Rate on Borrowings (a) Amount Outstanding as of March 31, 2020 (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.59% $43.8 Entergy Louisiana River Bend VIE September 2021 $105 2.69% $58.4 Entergy Louisiana Waterford VIE September 2021 $105 2.69% $33.3 System Energy VIE September 2021 $120 2.59% $88.3 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.10% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of March 31, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 3.38% Series R due August 2020 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In accordance with regulatory treatment, interest on the nuclear fuel company variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Debt Issuances and Retirements (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas is using the proceeds for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana is using the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana expects to use the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans is using the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas is using the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Arkansas [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the three months ended March 31, 2020 was 2.99% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of March 31, 2020 . Capacity Borrowings Letters of Credit Capacity Available (In Millions) $3,500 $922 $6 $2,572 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion . At March 31, 2020 , Entergy Corporation had approximately $1,942 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2020 was 2.02% . Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2020 as follows: Company Expiration Date Amount of Facility Interest Rate (a) Amount Drawn as of March 31, 2020 Letters of Credit Outstanding as of March 31, 2020 Entergy Arkansas April 2021 $20 million (b) 2.11% $— $— Entergy Arkansas September 2024 $150 million (c) 2.11% $— $— Entergy Louisiana September 2024 $350 million (c) 2.11% $— $— Entergy Mississippi April 2021 $37.5 million (d) 2.49% $— $— Entergy Mississippi April 2021 $35 million (d) 2.49% $— $— Entergy Mississippi April 2021 $10 million (d) 2.49% $— $— Entergy New Orleans November 2021 $25 million (c) 2.26% $— $0.8 million Entergy Texas September 2024 $150 million (c) 2.49% $— $1.3 million (a) The interest rate is the estimated interest rate as of March 31, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2020 : Company Amount of Uncommitted Facility Letter of Credit Fee Letters of Credit Issued as of March 31, 2020 (a) Entergy Arkansas $25 million 0.70% $1 million Entergy Louisiana $125 million 0.70% $25.6 million Entergy Mississippi $64 million 0.70% $1.8 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.4 million (a) As of March 31, 2020 , letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. See Note 8 to the financial statements herein for discussion of financial transmission rights. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy New Orleans are effective through October 31, 2021. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy are effective through November 8, 2020. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of March 31, 2020 : Company Expiration Date Amount of Facility Weighted Average Interest Rate on Borrowings (a) Amount Outstanding as of March 31, 2020 (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.59% $43.8 Entergy Louisiana River Bend VIE September 2021 $105 2.69% $58.4 Entergy Louisiana Waterford VIE September 2021 $105 2.69% $33.3 System Energy VIE September 2021 $120 2.59% $88.3 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.10% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of March 31, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 3.38% Series R due August 2020 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In accordance with regulatory treatment, interest on the nuclear fuel company variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Debt Issuances and Retirements (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas is using the proceeds for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana is using the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana expects to use the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans is using the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas is using the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Louisiana [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the three months ended March 31, 2020 was 2.99% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of March 31, 2020 . Capacity Borrowings Letters of Credit Capacity Available (In Millions) $3,500 $922 $6 $2,572 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion . At March 31, 2020 , Entergy Corporation had approximately $1,942 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2020 was 2.02% . Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2020 as follows: Company Expiration Date Amount of Facility Interest Rate (a) Amount Drawn as of March 31, 2020 Letters of Credit Outstanding as of March 31, 2020 Entergy Arkansas April 2021 $20 million (b) 2.11% $— $— Entergy Arkansas September 2024 $150 million (c) 2.11% $— $— Entergy Louisiana September 2024 $350 million (c) 2.11% $— $— Entergy Mississippi April 2021 $37.5 million (d) 2.49% $— $— Entergy Mississippi April 2021 $35 million (d) 2.49% $— $— Entergy Mississippi April 2021 $10 million (d) 2.49% $— $— Entergy New Orleans November 2021 $25 million (c) 2.26% $— $0.8 million Entergy Texas September 2024 $150 million (c) 2.49% $— $1.3 million (a) The interest rate is the estimated interest rate as of March 31, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2020 : Company Amount of Uncommitted Facility Letter of Credit Fee Letters of Credit Issued as of March 31, 2020 (a) Entergy Arkansas $25 million 0.70% $1 million Entergy Louisiana $125 million 0.70% $25.6 million Entergy Mississippi $64 million 0.70% $1.8 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.4 million (a) As of March 31, 2020 , letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. See Note 8 to the financial statements herein for discussion of financial transmission rights. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy New Orleans are effective through October 31, 2021. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy are effective through November 8, 2020. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of March 31, 2020 : Company Expiration Date Amount of Facility Weighted Average Interest Rate on Borrowings (a) Amount Outstanding as of March 31, 2020 (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.59% $43.8 Entergy Louisiana River Bend VIE September 2021 $105 2.69% $58.4 Entergy Louisiana Waterford VIE September 2021 $105 2.69% $33.3 System Energy VIE September 2021 $120 2.59% $88.3 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.10% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of March 31, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 3.38% Series R due August 2020 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In accordance with regulatory treatment, interest on the nuclear fuel company variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Debt Issuances and Retirements (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas is using the proceeds for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana is using the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana expects to use the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans is using the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas is using the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Mississippi [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the three months ended March 31, 2020 was 2.99% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of March 31, 2020 . Capacity Borrowings Letters of Credit Capacity Available (In Millions) $3,500 $922 $6 $2,572 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion . At March 31, 2020 , Entergy Corporation had approximately $1,942 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2020 was 2.02% . Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2020 as follows: Company Expiration Date Amount of Facility Interest Rate (a) Amount Drawn as of March 31, 2020 Letters of Credit Outstanding as of March 31, 2020 Entergy Arkansas April 2021 $20 million (b) 2.11% $— $— Entergy Arkansas September 2024 $150 million (c) 2.11% $— $— Entergy Louisiana September 2024 $350 million (c) 2.11% $— $— Entergy Mississippi April 2021 $37.5 million (d) 2.49% $— $— Entergy Mississippi April 2021 $35 million (d) 2.49% $— $— Entergy Mississippi April 2021 $10 million (d) 2.49% $— $— Entergy New Orleans November 2021 $25 million (c) 2.26% $— $0.8 million Entergy Texas September 2024 $150 million (c) 2.49% $— $1.3 million (a) The interest rate is the estimated interest rate as of March 31, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2020 : Company Amount of Uncommitted Facility Letter of Credit Fee Letters of Credit Issued as of March 31, 2020 (a) Entergy Arkansas $25 million 0.70% $1 million Entergy Louisiana $125 million 0.70% $25.6 million Entergy Mississippi $64 million 0.70% $1.8 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.4 million (a) As of March 31, 2020 , letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. See Note 8 to the financial statements herein for discussion of financial transmission rights. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy New Orleans are effective through October 31, 2021. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy are effective through November 8, 2020. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of March 31, 2020 : Company Expiration Date Amount of Facility Weighted Average Interest Rate on Borrowings (a) Amount Outstanding as of March 31, 2020 (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.59% $43.8 Entergy Louisiana River Bend VIE September 2021 $105 2.69% $58.4 Entergy Louisiana Waterford VIE September 2021 $105 2.69% $33.3 System Energy VIE September 2021 $120 2.59% $88.3 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.10% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of March 31, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 3.38% Series R due August 2020 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In accordance with regulatory treatment, interest on the nuclear fuel company variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Debt Issuances and Retirements (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas is using the proceeds for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana is using the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana expects to use the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans is using the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas is using the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy New Orleans [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the three months ended March 31, 2020 was 2.99% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of March 31, 2020 . Capacity Borrowings Letters of Credit Capacity Available (In Millions) $3,500 $922 $6 $2,572 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion . At March 31, 2020 , Entergy Corporation had approximately $1,942 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2020 was 2.02% . Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2020 as follows: Company Expiration Date Amount of Facility Interest Rate (a) Amount Drawn as of March 31, 2020 Letters of Credit Outstanding as of March 31, 2020 Entergy Arkansas April 2021 $20 million (b) 2.11% $— $— Entergy Arkansas September 2024 $150 million (c) 2.11% $— $— Entergy Louisiana September 2024 $350 million (c) 2.11% $— $— Entergy Mississippi April 2021 $37.5 million (d) 2.49% $— $— Entergy Mississippi April 2021 $35 million (d) 2.49% $— $— Entergy Mississippi April 2021 $10 million (d) 2.49% $— $— Entergy New Orleans November 2021 $25 million (c) 2.26% $— $0.8 million Entergy Texas September 2024 $150 million (c) 2.49% $— $1.3 million (a) The interest rate is the estimated interest rate as of March 31, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2020 : Company Amount of Uncommitted Facility Letter of Credit Fee Letters of Credit Issued as of March 31, 2020 (a) Entergy Arkansas $25 million 0.70% $1 million Entergy Louisiana $125 million 0.70% $25.6 million Entergy Mississippi $64 million 0.70% $1.8 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.4 million (a) As of March 31, 2020 , letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. See Note 8 to the financial statements herein for discussion of financial transmission rights. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy New Orleans are effective through October 31, 2021. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy are effective through November 8, 2020. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of March 31, 2020 : Company Expiration Date Amount of Facility Weighted Average Interest Rate on Borrowings (a) Amount Outstanding as of March 31, 2020 (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.59% $43.8 Entergy Louisiana River Bend VIE September 2021 $105 2.69% $58.4 Entergy Louisiana Waterford VIE September 2021 $105 2.69% $33.3 System Energy VIE September 2021 $120 2.59% $88.3 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.10% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of March 31, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 3.38% Series R due August 2020 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In accordance with regulatory treatment, interest on the nuclear fuel company variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Debt Issuances and Retirements (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas is using the proceeds for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana is using the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana expects to use the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans is using the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas is using the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Texas [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the three months ended March 31, 2020 was 2.99% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of March 31, 2020 . Capacity Borrowings Letters of Credit Capacity Available (In Millions) $3,500 $922 $6 $2,572 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion . At March 31, 2020 , Entergy Corporation had approximately $1,942 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2020 was 2.02% . Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2020 as follows: Company Expiration Date Amount of Facility Interest Rate (a) Amount Drawn as of March 31, 2020 Letters of Credit Outstanding as of March 31, 2020 Entergy Arkansas April 2021 $20 million (b) 2.11% $— $— Entergy Arkansas September 2024 $150 million (c) 2.11% $— $— Entergy Louisiana September 2024 $350 million (c) 2.11% $— $— Entergy Mississippi April 2021 $37.5 million (d) 2.49% $— $— Entergy Mississippi April 2021 $35 million (d) 2.49% $— $— Entergy Mississippi April 2021 $10 million (d) 2.49% $— $— Entergy New Orleans November 2021 $25 million (c) 2.26% $— $0.8 million Entergy Texas September 2024 $150 million (c) 2.49% $— $1.3 million (a) The interest rate is the estimated interest rate as of March 31, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2020 : Company Amount of Uncommitted Facility Letter of Credit Fee Letters of Credit Issued as of March 31, 2020 (a) Entergy Arkansas $25 million 0.70% $1 million Entergy Louisiana $125 million 0.70% $25.6 million Entergy Mississippi $64 million 0.70% $1.8 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.4 million (a) As of March 31, 2020 , letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. See Note 8 to the financial statements herein for discussion of financial transmission rights. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy New Orleans are effective through October 31, 2021. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy are effective through November 8, 2020. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of March 31, 2020 : Company Expiration Date Amount of Facility Weighted Average Interest Rate on Borrowings (a) Amount Outstanding as of March 31, 2020 (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.59% $43.8 Entergy Louisiana River Bend VIE September 2021 $105 2.69% $58.4 Entergy Louisiana Waterford VIE September 2021 $105 2.69% $33.3 System Energy VIE September 2021 $120 2.59% $88.3 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.10% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of March 31, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 3.38% Series R due August 2020 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In accordance with regulatory treatment, interest on the nuclear fuel company variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Debt Issuances and Retirements (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas is using the proceeds for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana is using the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana expects to use the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans is using the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas is using the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
System Energy [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the three months ended March 31, 2020 was 2.99% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of March 31, 2020 . Capacity Borrowings Letters of Credit Capacity Available (In Millions) $3,500 $922 $6 $2,572 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion . At March 31, 2020 , Entergy Corporation had approximately $1,942 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2020 was 2.02% . Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2020 as follows: Company Expiration Date Amount of Facility Interest Rate (a) Amount Drawn as of March 31, 2020 Letters of Credit Outstanding as of March 31, 2020 Entergy Arkansas April 2021 $20 million (b) 2.11% $— $— Entergy Arkansas September 2024 $150 million (c) 2.11% $— $— Entergy Louisiana September 2024 $350 million (c) 2.11% $— $— Entergy Mississippi April 2021 $37.5 million (d) 2.49% $— $— Entergy Mississippi April 2021 $35 million (d) 2.49% $— $— Entergy Mississippi April 2021 $10 million (d) 2.49% $— $— Entergy New Orleans November 2021 $25 million (c) 2.26% $— $0.8 million Entergy Texas September 2024 $150 million (c) 2.49% $— $1.3 million (a) The interest rate is the estimated interest rate as of March 31, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2020 : Company Amount of Uncommitted Facility Letter of Credit Fee Letters of Credit Issued as of March 31, 2020 (a) Entergy Arkansas $25 million 0.70% $1 million Entergy Louisiana $125 million 0.70% $25.6 million Entergy Mississippi $64 million 0.70% $1.8 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.4 million (a) As of March 31, 2020 , letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. See Note 8 to the financial statements herein for discussion of financial transmission rights. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy New Orleans are effective through October 31, 2021. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy are effective through November 8, 2020. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of March 31, 2020 : Company Expiration Date Amount of Facility Weighted Average Interest Rate on Borrowings (a) Amount Outstanding as of March 31, 2020 (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.59% $43.8 Entergy Louisiana River Bend VIE September 2021 $105 2.69% $58.4 Entergy Louisiana Waterford VIE September 2021 $105 2.69% $33.3 System Energy VIE September 2021 $120 2.59% $88.3 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.10% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of March 31, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 3.38% Series R due August 2020 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In accordance with regulatory treatment, interest on the nuclear fuel company variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Debt Issuances and Retirements (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas is using the proceeds for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana is using the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana expects to use the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans is using the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas is using the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
Stock-Based Compensation	Mar. 31, 2020
Entergy Corporation [Member]
Stock-Based Compensation	STOCK-BASED COMPENSATION (Entergy Corporation) Entergy grants stock and stock-based awards, which are described more fully in Note 12 to the financial statements in the Form 10-K. Awards under Entergy’s plans generally vest over three years . Stock Options Entergy granted options on 530,716 shares of its common stock under the 2019 Omnibus Incentive Plan during the first quarter 2020 with a fair value of $11.45 per option. As of March 31, 2020 , there were options on 2,474,280 shares of common stock outstanding with a weighted-average exercise price of $89.74 . The intrinsic value, which has no effect on net income, of the outstanding stock options is calculated by the positive difference between the weighted average exercise price of the stock options granted and Entergy Corporation’s common stock price as of March 31, 2020 . The aggregate intrinsic value of the stock options outstanding as of March 31, 2020 was $30.5 million . The following table includes financial information for outstanding stock options for the three months ended March 31, 2020 and 2019 : 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $1.0 $1.0 Tax benefit recognized in Entergy’s net income $0.3 $0.2 Compensation cost capitalized as part of fixed assets and materials and supplies $0.4 $0.3 Other Equity Awards In January 2020 the Board approved and Entergy granted 313,805 restricted stock awards and 134,853 long-term incentive awards under the 2019 Omnibus Incentive Plan. The restricted stock awards were made effective as of January 30, 2020 and were valued at $131.72 per share, which was the closing price of Entergy’s common stock on that date. Shares of restricted stock have the same dividend and voting rights as other common stock, are considered issued and outstanding shares of Entergy upon vesting, and are expensed ratably over the three-year vesting period. One-third of the restricted stock awards and accrued dividends will vest upon each anniversary of the grant date. In addition, long-term incentive awards were also granted in the form of performance units that represent the value of, and are settled with, one share of Entergy Corporation common stock at the end of the three-year performance period, plus dividends accrued during the performance period on the number of performance units earned. For the 2020-2022 performance period, performance will be measured based eighty percent on relative total shareholder return and twenty percent on a cumulative adjusted earnings per share metric. The performance units were granted as of January 30, 2020 and eighty percent were valued at $169.74 per share based on various factors, primarily market conditions; and twenty percent were valued at $131.72 per share, the closing price of Entergy’s common stock on that date. Performance units have the same dividend rights as shares of Entergy common stock and are considered issued and outstanding shares of Entergy upon vesting. Performance units are expensed ratably over the three-year vesting period and compensation cost for the portion of the award based on cumulative adjusted earnings per share will be adjusted based on the number of units that ultimately vest. See Note 12 to the financial statements in the Form 10-K for a description of the Long-Term Performance Unit Program. The following table includes financial information for other outstanding equity awards for the three months ended March 31, 2020 and 2019 : 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $9.4 $8.8 Tax benefit recognized in Entergy’s net income $2.4 $2.2 Compensation cost capitalized as part of fixed assets and materials and supplies $3.4 $2.9

Retirement And Other Postretire

Retirement And Other Postretirement Benefits	3 Months Ended
Retirement And Other Postretirement Benefits	Mar. 31, 2020
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,607 Interest cost on projected benefit obligation 60,799 73,941 Expected return on assets (103,565 ) (103,884 ) Amortization of net loss 87,259 58,418 Settlement charges — 1,137 Net pension costs $84,872 $63,219 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $6,566 $8,794 $2,023 $663 $1,546 $1,965 Interest cost on projected benefit obligation 11,433 12,841 3,340 1,456 2,782 2,814 Expected return on assets (19,622 ) (22,402 ) (5,757 ) (2,627 ) (5,486 ) (4,663 ) Amortization of net loss 16,897 16,627 4,748 2,005 3,265 4,279 Net pension cost $15,274 $15,860 $4,354 $1,497 $2,107 $4,395 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $5,261 $7,284 $1,629 $569 $1,350 $1,550 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,874 3,613 3,364 Expected return on assets (20,176 ) (22,652 ) (5,968 ) (2,696 ) (5,862 ) (4,678 ) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,100 $12,157 $2,833 $1,276 $1,435 $3,086 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4 million in pension cost for its non-qualified pension plans in the first quarters of 2020 and 2019 , respectively. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2020 and 2019: Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $73 $43 $75 $5 $124 Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $5,801 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 7,932 11,975 Expected return on assets (10,328 ) (9,562 ) Amortization of prior service credit (5,922 ) (8,844 ) Amortization of net loss 468 358 Net other postretirement benefit cost (income) ($2,049 ) ($1,398 ) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $828 $1,423 $351 $105 $303 $294 Interest cost on APBO 1,217 1,723 422 227 582 307 Expected return on assets (4,326 ) — (1,307 ) (1,355 ) (2,435 ) (748 ) Amortization of prior service credit (661 ) (1,089 ) (321 ) (76 ) (550 ) (219 ) Amortization of net (gain) loss 55 (199 ) 29 (38 ) 212 20 Net other postretirement benefit cost (income) ($2,887 ) $1,858 ($826 ) ($1,137 ) ($1,888 ) ($346 ) 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991 ) — (1,199 ) (1,237 ) (2,276 ) (697 ) Amortization of prior service credit (1,238 ) (1,837 ) (439 ) (171 ) (561 ) (363 ) Amortization of net (gain) loss 144 (174 ) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687 ) $1,815 ($525 ) ($863 ) ($1,626 ) ($252 ) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,776 ($57 ) $3,719 Amortization of net loss (26,462 ) (25 ) (831 ) (27,318 ) ($26,462 ) $3,751 ($888 ) ($23,599 ) Entergy Louisiana Amortization of prior service credit $— $1,089 $— $1,089 Amortization of net gain (loss) (499 ) 199 (1 ) (301 ) ($499 ) $1,288 ($1 ) $788 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($49 ) $5,326 Amortization of net gain (loss) (18,735 ) 308 (561 ) (18,988 ) Settlement loss (1,137 ) — — (1,137 ) ($19,872 ) $5,683 ($610 ) ($14,799 ) Entergy Louisiana Amortization of prior service credit $— $1,838 $— $1,838 Amortization of net gain (loss) (699 ) 174 (2 ) (527 ) ($699 ) $2,012 ($2 ) $1,311 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Employer Contributions Based on current assumptions, Entergy expects to contribute $216.3 million to its qualified pension plans in 2020. As of March 31, 2020 , Entergy had contributed $59.8 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020 : Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Expected 2020 pension contributions $32,512 $38,766 $7,768 $3,248 $3,549 $10,544 Pension contributions made through March 2020 $10,120 $8,676 $2,560 $563 $453 $3,299 Remaining estimated pension contributions to be made in 2020 $22,392 $30,090 $5,208 $2,685 $3,096 $7,245
Entergy Arkansas [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,607 Interest cost on projected benefit obligation 60,799 73,941 Expected return on assets (103,565 ) (103,884 ) Amortization of net loss 87,259 58,418 Settlement charges — 1,137 Net pension costs $84,872 $63,219 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $6,566 $8,794 $2,023 $663 $1,546 $1,965 Interest cost on projected benefit obligation 11,433 12,841 3,340 1,456 2,782 2,814 Expected return on assets (19,622 ) (22,402 ) (5,757 ) (2,627 ) (5,486 ) (4,663 ) Amortization of net loss 16,897 16,627 4,748 2,005 3,265 4,279 Net pension cost $15,274 $15,860 $4,354 $1,497 $2,107 $4,395 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $5,261 $7,284 $1,629 $569 $1,350 $1,550 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,874 3,613 3,364 Expected return on assets (20,176 ) (22,652 ) (5,968 ) (2,696 ) (5,862 ) (4,678 ) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,100 $12,157 $2,833 $1,276 $1,435 $3,086 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4 million in pension cost for its non-qualified pension plans in the first quarters of 2020 and 2019 , respectively. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2020 and 2019: Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $73 $43 $75 $5 $124 Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $5,801 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 7,932 11,975 Expected return on assets (10,328 ) (9,562 ) Amortization of prior service credit (5,922 ) (8,844 ) Amortization of net loss 468 358 Net other postretirement benefit cost (income) ($2,049 ) ($1,398 ) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $828 $1,423 $351 $105 $303 $294 Interest cost on APBO 1,217 1,723 422 227 582 307 Expected return on assets (4,326 ) — (1,307 ) (1,355 ) (2,435 ) (748 ) Amortization of prior service credit (661 ) (1,089 ) (321 ) (76 ) (550 ) (219 ) Amortization of net (gain) loss 55 (199 ) 29 (38 ) 212 20 Net other postretirement benefit cost (income) ($2,887 ) $1,858 ($826 ) ($1,137 ) ($1,888 ) ($346 ) 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991 ) — (1,199 ) (1,237 ) (2,276 ) (697 ) Amortization of prior service credit (1,238 ) (1,837 ) (439 ) (171 ) (561 ) (363 ) Amortization of net (gain) loss 144 (174 ) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687 ) $1,815 ($525 ) ($863 ) ($1,626 ) ($252 ) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,776 ($57 ) $3,719 Amortization of net loss (26,462 ) (25 ) (831 ) (27,318 ) ($26,462 ) $3,751 ($888 ) ($23,599 ) Entergy Louisiana Amortization of prior service credit $— $1,089 $— $1,089 Amortization of net gain (loss) (499 ) 199 (1 ) (301 ) ($499 ) $1,288 ($1 ) $788 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($49 ) $5,326 Amortization of net gain (loss) (18,735 ) 308 (561 ) (18,988 ) Settlement loss (1,137 ) — — (1,137 ) ($19,872 ) $5,683 ($610 ) ($14,799 ) Entergy Louisiana Amortization of prior service credit $— $1,838 $— $1,838 Amortization of net gain (loss) (699 ) 174 (2 ) (527 ) ($699 ) $2,012 ($2 ) $1,311 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Employer Contributions Based on current assumptions, Entergy expects to contribute $216.3 million to its qualified pension plans in 2020. As of March 31, 2020 , Entergy had contributed $59.8 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020 : Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Expected 2020 pension contributions $32,512 $38,766 $7,768 $3,248 $3,549 $10,544 Pension contributions made through March 2020 $10,120 $8,676 $2,560 $563 $453 $3,299 Remaining estimated pension contributions to be made in 2020 $22,392 $30,090 $5,208 $2,685 $3,096 $7,245
Entergy Louisiana [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,607 Interest cost on projected benefit obligation 60,799 73,941 Expected return on assets (103,565 ) (103,884 ) Amortization of net loss 87,259 58,418 Settlement charges — 1,137 Net pension costs $84,872 $63,219 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $6,566 $8,794 $2,023 $663 $1,546 $1,965 Interest cost on projected benefit obligation 11,433 12,841 3,340 1,456 2,782 2,814 Expected return on assets (19,622 ) (22,402 ) (5,757 ) (2,627 ) (5,486 ) (4,663 ) Amortization of net loss 16,897 16,627 4,748 2,005 3,265 4,279 Net pension cost $15,274 $15,860 $4,354 $1,497 $2,107 $4,395 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $5,261 $7,284 $1,629 $569 $1,350 $1,550 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,874 3,613 3,364 Expected return on assets (20,176 ) (22,652 ) (5,968 ) (2,696 ) (5,862 ) (4,678 ) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,100 $12,157 $2,833 $1,276 $1,435 $3,086 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4 million in pension cost for its non-qualified pension plans in the first quarters of 2020 and 2019 , respectively. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2020 and 2019: Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $73 $43 $75 $5 $124 Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $5,801 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 7,932 11,975 Expected return on assets (10,328 ) (9,562 ) Amortization of prior service credit (5,922 ) (8,844 ) Amortization of net loss 468 358 Net other postretirement benefit cost (income) ($2,049 ) ($1,398 ) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $828 $1,423 $351 $105 $303 $294 Interest cost on APBO 1,217 1,723 422 227 582 307 Expected return on assets (4,326 ) — (1,307 ) (1,355 ) (2,435 ) (748 ) Amortization of prior service credit (661 ) (1,089 ) (321 ) (76 ) (550 ) (219 ) Amortization of net (gain) loss 55 (199 ) 29 (38 ) 212 20 Net other postretirement benefit cost (income) ($2,887 ) $1,858 ($826 ) ($1,137 ) ($1,888 ) ($346 ) 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991 ) — (1,199 ) (1,237 ) (2,276 ) (697 ) Amortization of prior service credit (1,238 ) (1,837 ) (439 ) (171 ) (561 ) (363 ) Amortization of net (gain) loss 144 (174 ) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687 ) $1,815 ($525 ) ($863 ) ($1,626 ) ($252 ) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,776 ($57 ) $3,719 Amortization of net loss (26,462 ) (25 ) (831 ) (27,318 ) ($26,462 ) $3,751 ($888 ) ($23,599 ) Entergy Louisiana Amortization of prior service credit $— $1,089 $— $1,089 Amortization of net gain (loss) (499 ) 199 (1 ) (301 ) ($499 ) $1,288 ($1 ) $788 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($49 ) $5,326 Amortization of net gain (loss) (18,735 ) 308 (561 ) (18,988 ) Settlement loss (1,137 ) — — (1,137 ) ($19,872 ) $5,683 ($610 ) ($14,799 ) Entergy Louisiana Amortization of prior service credit $— $1,838 $— $1,838 Amortization of net gain (loss) (699 ) 174 (2 ) (527 ) ($699 ) $2,012 ($2 ) $1,311 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Employer Contributions Based on current assumptions, Entergy expects to contribute $216.3 million to its qualified pension plans in 2020. As of March 31, 2020 , Entergy had contributed $59.8 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020 : Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Expected 2020 pension contributions $32,512 $38,766 $7,768 $3,248 $3,549 $10,544 Pension contributions made through March 2020 $10,120 $8,676 $2,560 $563 $453 $3,299 Remaining estimated pension contributions to be made in 2020 $22,392 $30,090 $5,208 $2,685 $3,096 $7,245
Entergy Mississippi [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,607 Interest cost on projected benefit obligation 60,799 73,941 Expected return on assets (103,565 ) (103,884 ) Amortization of net loss 87,259 58,418 Settlement charges — 1,137 Net pension costs $84,872 $63,219 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $6,566 $8,794 $2,023 $663 $1,546 $1,965 Interest cost on projected benefit obligation 11,433 12,841 3,340 1,456 2,782 2,814 Expected return on assets (19,622 ) (22,402 ) (5,757 ) (2,627 ) (5,486 ) (4,663 ) Amortization of net loss 16,897 16,627 4,748 2,005 3,265 4,279 Net pension cost $15,274 $15,860 $4,354 $1,497 $2,107 $4,395 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $5,261 $7,284 $1,629 $569 $1,350 $1,550 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,874 3,613 3,364 Expected return on assets (20,176 ) (22,652 ) (5,968 ) (2,696 ) (5,862 ) (4,678 ) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,100 $12,157 $2,833 $1,276 $1,435 $3,086 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4 million in pension cost for its non-qualified pension plans in the first quarters of 2020 and 2019 , respectively. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2020 and 2019: Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $73 $43 $75 $5 $124 Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $5,801 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 7,932 11,975 Expected return on assets (10,328 ) (9,562 ) Amortization of prior service credit (5,922 ) (8,844 ) Amortization of net loss 468 358 Net other postretirement benefit cost (income) ($2,049 ) ($1,398 ) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $828 $1,423 $351 $105 $303 $294 Interest cost on APBO 1,217 1,723 422 227 582 307 Expected return on assets (4,326 ) — (1,307 ) (1,355 ) (2,435 ) (748 ) Amortization of prior service credit (661 ) (1,089 ) (321 ) (76 ) (550 ) (219 ) Amortization of net (gain) loss 55 (199 ) 29 (38 ) 212 20 Net other postretirement benefit cost (income) ($2,887 ) $1,858 ($826 ) ($1,137 ) ($1,888 ) ($346 ) 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991 ) — (1,199 ) (1,237 ) (2,276 ) (697 ) Amortization of prior service credit (1,238 ) (1,837 ) (439 ) (171 ) (561 ) (363 ) Amortization of net (gain) loss 144 (174 ) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687 ) $1,815 ($525 ) ($863 ) ($1,626 ) ($252 ) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,776 ($57 ) $3,719 Amortization of net loss (26,462 ) (25 ) (831 ) (27,318 ) ($26,462 ) $3,751 ($888 ) ($23,599 ) Entergy Louisiana Amortization of prior service credit $— $1,089 $— $1,089 Amortization of net gain (loss) (499 ) 199 (1 ) (301 ) ($499 ) $1,288 ($1 ) $788 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($49 ) $5,326 Amortization of net gain (loss) (18,735 ) 308 (561 ) (18,988 ) Settlement loss (1,137 ) — — (1,137 ) ($19,872 ) $5,683 ($610 ) ($14,799 ) Entergy Louisiana Amortization of prior service credit $— $1,838 $— $1,838 Amortization of net gain (loss) (699 ) 174 (2 ) (527 ) ($699 ) $2,012 ($2 ) $1,311 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Employer Contributions Based on current assumptions, Entergy expects to contribute $216.3 million to its qualified pension plans in 2020. As of March 31, 2020 , Entergy had contributed $59.8 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020 : Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Expected 2020 pension contributions $32,512 $38,766 $7,768 $3,248 $3,549 $10,544 Pension contributions made through March 2020 $10,120 $8,676 $2,560 $563 $453 $3,299 Remaining estimated pension contributions to be made in 2020 $22,392 $30,090 $5,208 $2,685 $3,096 $7,245
Entergy New Orleans [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,607 Interest cost on projected benefit obligation 60,799 73,941 Expected return on assets (103,565 ) (103,884 ) Amortization of net loss 87,259 58,418 Settlement charges — 1,137 Net pension costs $84,872 $63,219 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $6,566 $8,794 $2,023 $663 $1,546 $1,965 Interest cost on projected benefit obligation 11,433 12,841 3,340 1,456 2,782 2,814 Expected return on assets (19,622 ) (22,402 ) (5,757 ) (2,627 ) (5,486 ) (4,663 ) Amortization of net loss 16,897 16,627 4,748 2,005 3,265 4,279 Net pension cost $15,274 $15,860 $4,354 $1,497 $2,107 $4,395 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $5,261 $7,284 $1,629 $569 $1,350 $1,550 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,874 3,613 3,364 Expected return on assets (20,176 ) (22,652 ) (5,968 ) (2,696 ) (5,862 ) (4,678 ) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,100 $12,157 $2,833 $1,276 $1,435 $3,086 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4 million in pension cost for its non-qualified pension plans in the first quarters of 2020 and 2019 , respectively. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2020 and 2019: Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $73 $43 $75 $5 $124 Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $5,801 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 7,932 11,975 Expected return on assets (10,328 ) (9,562 ) Amortization of prior service credit (5,922 ) (8,844 ) Amortization of net loss 468 358 Net other postretirement benefit cost (income) ($2,049 ) ($1,398 ) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $828 $1,423 $351 $105 $303 $294 Interest cost on APBO 1,217 1,723 422 227 582 307 Expected return on assets (4,326 ) — (1,307 ) (1,355 ) (2,435 ) (748 ) Amortization of prior service credit (661 ) (1,089 ) (321 ) (76 ) (550 ) (219 ) Amortization of net (gain) loss 55 (199 ) 29 (38 ) 212 20 Net other postretirement benefit cost (income) ($2,887 ) $1,858 ($826 ) ($1,137 ) ($1,888 ) ($346 ) 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991 ) — (1,199 ) (1,237 ) (2,276 ) (697 ) Amortization of prior service credit (1,238 ) (1,837 ) (439 ) (171 ) (561 ) (363 ) Amortization of net (gain) loss 144 (174 ) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687 ) $1,815 ($525 ) ($863 ) ($1,626 ) ($252 ) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,776 ($57 ) $3,719 Amortization of net loss (26,462 ) (25 ) (831 ) (27,318 ) ($26,462 ) $3,751 ($888 ) ($23,599 ) Entergy Louisiana Amortization of prior service credit $— $1,089 $— $1,089 Amortization of net gain (loss) (499 ) 199 (1 ) (301 ) ($499 ) $1,288 ($1 ) $788 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($49 ) $5,326 Amortization of net gain (loss) (18,735 ) 308 (561 ) (18,988 ) Settlement loss (1,137 ) — — (1,137 ) ($19,872 ) $5,683 ($610 ) ($14,799 ) Entergy Louisiana Amortization of prior service credit $— $1,838 $— $1,838 Amortization of net gain (loss) (699 ) 174 (2 ) (527 ) ($699 ) $2,012 ($2 ) $1,311 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Employer Contributions Based on current assumptions, Entergy expects to contribute $216.3 million to its qualified pension plans in 2020. As of March 31, 2020 , Entergy had contributed $59.8 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020 : Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Expected 2020 pension contributions $32,512 $38,766 $7,768 $3,248 $3,549 $10,544 Pension contributions made through March 2020 $10,120 $8,676 $2,560 $563 $453 $3,299 Remaining estimated pension contributions to be made in 2020 $22,392 $30,090 $5,208 $2,685 $3,096 $7,245
Entergy Texas [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,607 Interest cost on projected benefit obligation 60,799 73,941 Expected return on assets (103,565 ) (103,884 ) Amortization of net loss 87,259 58,418 Settlement charges — 1,137 Net pension costs $84,872 $63,219 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $6,566 $8,794 $2,023 $663 $1,546 $1,965 Interest cost on projected benefit obligation 11,433 12,841 3,340 1,456 2,782 2,814 Expected return on assets (19,622 ) (22,402 ) (5,757 ) (2,627 ) (5,486 ) (4,663 ) Amortization of net loss 16,897 16,627 4,748 2,005 3,265 4,279 Net pension cost $15,274 $15,860 $4,354 $1,497 $2,107 $4,395 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $5,261 $7,284 $1,629 $569 $1,350 $1,550 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,874 3,613 3,364 Expected return on assets (20,176 ) (22,652 ) (5,968 ) (2,696 ) (5,862 ) (4,678 ) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,100 $12,157 $2,833 $1,276 $1,435 $3,086 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4 million in pension cost for its non-qualified pension plans in the first quarters of 2020 and 2019 , respectively. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2020 and 2019: Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $73 $43 $75 $5 $124 Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $5,801 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 7,932 11,975 Expected return on assets (10,328 ) (9,562 ) Amortization of prior service credit (5,922 ) (8,844 ) Amortization of net loss 468 358 Net other postretirement benefit cost (income) ($2,049 ) ($1,398 ) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $828 $1,423 $351 $105 $303 $294 Interest cost on APBO 1,217 1,723 422 227 582 307 Expected return on assets (4,326 ) — (1,307 ) (1,355 ) (2,435 ) (748 ) Amortization of prior service credit (661 ) (1,089 ) (321 ) (76 ) (550 ) (219 ) Amortization of net (gain) loss 55 (199 ) 29 (38 ) 212 20 Net other postretirement benefit cost (income) ($2,887 ) $1,858 ($826 ) ($1,137 ) ($1,888 ) ($346 ) 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991 ) — (1,199 ) (1,237 ) (2,276 ) (697 ) Amortization of prior service credit (1,238 ) (1,837 ) (439 ) (171 ) (561 ) (363 ) Amortization of net (gain) loss 144 (174 ) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687 ) $1,815 ($525 ) ($863 ) ($1,626 ) ($252 ) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,776 ($57 ) $3,719 Amortization of net loss (26,462 ) (25 ) (831 ) (27,318 ) ($26,462 ) $3,751 ($888 ) ($23,599 ) Entergy Louisiana Amortization of prior service credit $— $1,089 $— $1,089 Amortization of net gain (loss) (499 ) 199 (1 ) (301 ) ($499 ) $1,288 ($1 ) $788 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($49 ) $5,326 Amortization of net gain (loss) (18,735 ) 308 (561 ) (18,988 ) Settlement loss (1,137 ) — — (1,137 ) ($19,872 ) $5,683 ($610 ) ($14,799 ) Entergy Louisiana Amortization of prior service credit $— $1,838 $— $1,838 Amortization of net gain (loss) (699 ) 174 (2 ) (527 ) ($699 ) $2,012 ($2 ) $1,311 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Employer Contributions Based on current assumptions, Entergy expects to contribute $216.3 million to its qualified pension plans in 2020. As of March 31, 2020 , Entergy had contributed $59.8 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020 : Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Expected 2020 pension contributions $32,512 $38,766 $7,768 $3,248 $3,549 $10,544 Pension contributions made through March 2020 $10,120 $8,676 $2,560 $563 $453 $3,299 Remaining estimated pension contributions to be made in 2020 $22,392 $30,090 $5,208 $2,685 $3,096 $7,245
System Energy [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,607 Interest cost on projected benefit obligation 60,799 73,941 Expected return on assets (103,565 ) (103,884 ) Amortization of net loss 87,259 58,418 Settlement charges — 1,137 Net pension costs $84,872 $63,219 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $6,566 $8,794 $2,023 $663 $1,546 $1,965 Interest cost on projected benefit obligation 11,433 12,841 3,340 1,456 2,782 2,814 Expected return on assets (19,622 ) (22,402 ) (5,757 ) (2,627 ) (5,486 ) (4,663 ) Amortization of net loss 16,897 16,627 4,748 2,005 3,265 4,279 Net pension cost $15,274 $15,860 $4,354 $1,497 $2,107 $4,395 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $5,261 $7,284 $1,629 $569 $1,350 $1,550 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,874 3,613 3,364 Expected return on assets (20,176 ) (22,652 ) (5,968 ) (2,696 ) (5,862 ) (4,678 ) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,100 $12,157 $2,833 $1,276 $1,435 $3,086 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4 million in pension cost for its non-qualified pension plans in the first quarters of 2020 and 2019 , respectively. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2020 and 2019: Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $73 $43 $75 $5 $124 Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $5,801 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 7,932 11,975 Expected return on assets (10,328 ) (9,562 ) Amortization of prior service credit (5,922 ) (8,844 ) Amortization of net loss 468 358 Net other postretirement benefit cost (income) ($2,049 ) ($1,398 ) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $828 $1,423 $351 $105 $303 $294 Interest cost on APBO 1,217 1,723 422 227 582 307 Expected return on assets (4,326 ) — (1,307 ) (1,355 ) (2,435 ) (748 ) Amortization of prior service credit (661 ) (1,089 ) (321 ) (76 ) (550 ) (219 ) Amortization of net (gain) loss 55 (199 ) 29 (38 ) 212 20 Net other postretirement benefit cost (income) ($2,887 ) $1,858 ($826 ) ($1,137 ) ($1,888 ) ($346 ) 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991 ) — (1,199 ) (1,237 ) (2,276 ) (697 ) Amortization of prior service credit (1,238 ) (1,837 ) (439 ) (171 ) (561 ) (363 ) Amortization of net (gain) loss 144 (174 ) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687 ) $1,815 ($525 ) ($863 ) ($1,626 ) ($252 ) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,776 ($57 ) $3,719 Amortization of net loss (26,462 ) (25 ) (831 ) (27,318 ) ($26,462 ) $3,751 ($888 ) ($23,599 ) Entergy Louisiana Amortization of prior service credit $— $1,089 $— $1,089 Amortization of net gain (loss) (499 ) 199 (1 ) (301 ) ($499 ) $1,288 ($1 ) $788 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($49 ) $5,326 Amortization of net gain (loss) (18,735 ) 308 (561 ) (18,988 ) Settlement loss (1,137 ) — — (1,137 ) ($19,872 ) $5,683 ($610 ) ($14,799 ) Entergy Louisiana Amortization of prior service credit $— $1,838 $— $1,838 Amortization of net gain (loss) (699 ) 174 (2 ) (527 ) ($699 ) $2,012 ($2 ) $1,311 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Employer Contributions Based on current assumptions, Entergy expects to contribute $216.3 million to its qualified pension plans in 2020. As of March 31, 2020 , Entergy had contributed $59.8 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020 : Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Expected 2020 pension contributions $32,512 $38,766 $7,768 $3,248 $3,549 $10,544 Pension contributions made through March 2020 $10,120 $8,676 $2,560 $563 $453 $3,299 Remaining estimated pension contributions to be made in 2020 $22,392 $30,090 $5,208 $2,685 $3,096 $7,245

Business Segment Information

Business Segment Information	3 Months Ended
Business Segment Information	Mar. 31, 2020
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of March 31, 2020 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the first quarters of 2020 and 2019 was as follows: Utility Entergy Wholesale Commodities All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,094,629 $332,549 $11 ($10 ) $2,427,179 Income taxes ($52,949) ($30,540) $12,295 $— ($71,194) Consolidated net income (loss) $323,849 ($110,428 ) ($58,228 ) ($31,899 ) $123,294 Total assets as of March 31, 2020 $50,421,661 $3,921,539 $697,784 ($2,485,955 ) $52,555,029 2019 Operating revenues $2,175,982 $433,612 $— ($10 ) $2,609,584 Income taxes ($11,564 ) $65,908 ($11,573 ) $— $42,771 Consolidated net income (loss) $234,147 $97,079 ($40,682 ) ($31,898 ) $258,646 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733 ) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the first quarters of 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 21 — 21 34 — 34 Balance as of March 31, $150 $14 $164 $213 $14 $227 In addition, Entergy Wholesale Commodities incurred $5 million in the first quarter 2020 and $74 million in the first quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $75 million in 2020, of which $21 million has been incurred as of March 31, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy Arkansas [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of March 31, 2020 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the first quarters of 2020 and 2019 was as follows: Utility Entergy Wholesale Commodities All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,094,629 $332,549 $11 ($10 ) $2,427,179 Income taxes ($52,949) ($30,540) $12,295 $— ($71,194) Consolidated net income (loss) $323,849 ($110,428 ) ($58,228 ) ($31,899 ) $123,294 Total assets as of March 31, 2020 $50,421,661 $3,921,539 $697,784 ($2,485,955 ) $52,555,029 2019 Operating revenues $2,175,982 $433,612 $— ($10 ) $2,609,584 Income taxes ($11,564 ) $65,908 ($11,573 ) $— $42,771 Consolidated net income (loss) $234,147 $97,079 ($40,682 ) ($31,898 ) $258,646 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733 ) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the first quarters of 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 21 — 21 34 — 34 Balance as of March 31, $150 $14 $164 $213 $14 $227 In addition, Entergy Wholesale Commodities incurred $5 million in the first quarter 2020 and $74 million in the first quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $75 million in 2020, of which $21 million has been incurred as of March 31, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy Louisiana [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of March 31, 2020 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the first quarters of 2020 and 2019 was as follows: Utility Entergy Wholesale Commodities All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,094,629 $332,549 $11 ($10 ) $2,427,179 Income taxes ($52,949) ($30,540) $12,295 $— ($71,194) Consolidated net income (loss) $323,849 ($110,428 ) ($58,228 ) ($31,899 ) $123,294 Total assets as of March 31, 2020 $50,421,661 $3,921,539 $697,784 ($2,485,955 ) $52,555,029 2019 Operating revenues $2,175,982 $433,612 $— ($10 ) $2,609,584 Income taxes ($11,564 ) $65,908 ($11,573 ) $— $42,771 Consolidated net income (loss) $234,147 $97,079 ($40,682 ) ($31,898 ) $258,646 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733 ) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the first quarters of 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 21 — 21 34 — 34 Balance as of March 31, $150 $14 $164 $213 $14 $227 In addition, Entergy Wholesale Commodities incurred $5 million in the first quarter 2020 and $74 million in the first quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $75 million in 2020, of which $21 million has been incurred as of March 31, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy Mississippi [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of March 31, 2020 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the first quarters of 2020 and 2019 was as follows: Utility Entergy Wholesale Commodities All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,094,629 $332,549 $11 ($10 ) $2,427,179 Income taxes ($52,949) ($30,540) $12,295 $— ($71,194) Consolidated net income (loss) $323,849 ($110,428 ) ($58,228 ) ($31,899 ) $123,294 Total assets as of March 31, 2020 $50,421,661 $3,921,539 $697,784 ($2,485,955 ) $52,555,029 2019 Operating revenues $2,175,982 $433,612 $— ($10 ) $2,609,584 Income taxes ($11,564 ) $65,908 ($11,573 ) $— $42,771 Consolidated net income (loss) $234,147 $97,079 ($40,682 ) ($31,898 ) $258,646 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733 ) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the first quarters of 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 21 — 21 34 — 34 Balance as of March 31, $150 $14 $164 $213 $14 $227 In addition, Entergy Wholesale Commodities incurred $5 million in the first quarter 2020 and $74 million in the first quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $75 million in 2020, of which $21 million has been incurred as of March 31, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy New Orleans [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of March 31, 2020 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the first quarters of 2020 and 2019 was as follows: Utility Entergy Wholesale Commodities All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,094,629 $332,549 $11 ($10 ) $2,427,179 Income taxes ($52,949) ($30,540) $12,295 $— ($71,194) Consolidated net income (loss) $323,849 ($110,428 ) ($58,228 ) ($31,899 ) $123,294 Total assets as of March 31, 2020 $50,421,661 $3,921,539 $697,784 ($2,485,955 ) $52,555,029 2019 Operating revenues $2,175,982 $433,612 $— ($10 ) $2,609,584 Income taxes ($11,564 ) $65,908 ($11,573 ) $— $42,771 Consolidated net income (loss) $234,147 $97,079 ($40,682 ) ($31,898 ) $258,646 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733 ) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the first quarters of 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 21 — 21 34 — 34 Balance as of March 31, $150 $14 $164 $213 $14 $227 In addition, Entergy Wholesale Commodities incurred $5 million in the first quarter 2020 and $74 million in the first quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $75 million in 2020, of which $21 million has been incurred as of March 31, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy Texas [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of March 31, 2020 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the first quarters of 2020 and 2019 was as follows: Utility Entergy Wholesale Commodities All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,094,629 $332,549 $11 ($10 ) $2,427,179 Income taxes ($52,949) ($30,540) $12,295 $— ($71,194) Consolidated net income (loss) $323,849 ($110,428 ) ($58,228 ) ($31,899 ) $123,294 Total assets as of March 31, 2020 $50,421,661 $3,921,539 $697,784 ($2,485,955 ) $52,555,029 2019 Operating revenues $2,175,982 $433,612 $— ($10 ) $2,609,584 Income taxes ($11,564 ) $65,908 ($11,573 ) $— $42,771 Consolidated net income (loss) $234,147 $97,079 ($40,682 ) ($31,898 ) $258,646 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733 ) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the first quarters of 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 21 — 21 34 — 34 Balance as of March 31, $150 $14 $164 $213 $14 $227 In addition, Entergy Wholesale Commodities incurred $5 million in the first quarter 2020 and $74 million in the first quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $75 million in 2020, of which $21 million has been incurred as of March 31, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
System Energy [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of March 31, 2020 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the first quarters of 2020 and 2019 was as follows: Utility Entergy Wholesale Commodities All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,094,629 $332,549 $11 ($10 ) $2,427,179 Income taxes ($52,949) ($30,540) $12,295 $— ($71,194) Consolidated net income (loss) $323,849 ($110,428 ) ($58,228 ) ($31,899 ) $123,294 Total assets as of March 31, 2020 $50,421,661 $3,921,539 $697,784 ($2,485,955 ) $52,555,029 2019 Operating revenues $2,175,982 $433,612 $— ($10 ) $2,609,584 Income taxes ($11,564 ) $65,908 ($11,573 ) $— $42,771 Consolidated net income (loss) $234,147 $97,079 ($40,682 ) ($31,898 ) $258,646 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733 ) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the first quarters of 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 21 — 21 34 — 34 Balance as of March 31, $150 $14 $164 $213 $14 $227 In addition, Entergy Wholesale Commodities incurred $5 million in the first quarter 2020 and $74 million in the first quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $75 million in 2020, of which $21 million has been incurred as of March 31, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.

Risk Management And Fair Values

Risk Management And Fair Values	3 Months Ended
Risk Management And Fair Values	Mar. 31, 2020
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at March 31, 2020 is approximately 1 year. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020 , of which approximately 61% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 11.6 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of March 31, 2020 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $9 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $95 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of March 31, 2020 was 4 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of March 31, 2020 was 7 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of March 31, 2020 was 42,371,000 MMBtu for Entergy, including 29,220,000 MMBtu for Entergy Louisiana and 13,151,000 MMBtu for Entergy Mississippi. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2019, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2019 through May 31, 2020. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy Wholesale Commodities are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2020 was 18,987 GWh for Entergy, including 4,368 GWh for Entergy Arkansas, 8,517 GWh for Entergy Louisiana, 2,427 GWh for Entergy Mississippi, 934 GWh for Entergy New Orleans, and 2,662 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy Wholesale Commodities is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of March 31, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of March 31, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $81 $— $81 Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $8 ($4) $4 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities $7 $— $7 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheet (d) Excludes cash collateral in the amount of $9 million posted as of March 31, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $95 million held as of March 31, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Amount of gain (loss) recognized in other Income Statement location Amount of gain (loss) (In Millions) (In Millions) 2020 Electricity swaps and options $67 Competitive businesses operating revenues $94 2019 Electricity swaps and options $26 Competitive businesses operating revenues $52 (a) Before taxes of $20 million and $11 million for the three months ended March 31, 2020 and 2019, respectively Based on market prices as of March 31, 2020 , unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $81 million of net unrealized losses. Approximately $80 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $13 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $21 Electricity swaps and options (c) Competitive business operating revenues $5 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $0.2 $— $0.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Arkansas Financial transmission rights Prepayments and other $2.0 ($0.1) $1.9 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.5 $— $2.5 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Other current liabilities $4.4 $— $4.4 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of March 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.3) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.4) (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.1) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.4 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $8.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.1 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.9 (b) Entergy New Orleans Financial transmission rights Purchased power expense $0.3 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Business Unit Risk Control group also validates forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences are analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options are also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirms the mark-to-market calculations and prepares price scenarios and credit downgrade scenario analysis. The scenario analysis is communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis is completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects are calculated for this analysis. This analysis is communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group review these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2020 and December 31, 2019 . The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels.
Entergy Arkansas [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at March 31, 2020 is approximately 1 year. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020 , of which approximately 61% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 11.6 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of March 31, 2020 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $9 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $95 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of March 31, 2020 was 4 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of March 31, 2020 was 7 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of March 31, 2020 was 42,371,000 MMBtu for Entergy, including 29,220,000 MMBtu for Entergy Louisiana and 13,151,000 MMBtu for Entergy Mississippi. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2019, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2019 through May 31, 2020. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy Wholesale Commodities are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2020 was 18,987 GWh for Entergy, including 4,368 GWh for Entergy Arkansas, 8,517 GWh for Entergy Louisiana, 2,427 GWh for Entergy Mississippi, 934 GWh for Entergy New Orleans, and 2,662 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy Wholesale Commodities is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of March 31, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of March 31, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $81 $— $81 Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $8 ($4) $4 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities $7 $— $7 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheet (d) Excludes cash collateral in the amount of $9 million posted as of March 31, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $95 million held as of March 31, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Amount of gain (loss) recognized in other Income Statement location Amount of gain (loss) (In Millions) (In Millions) 2020 Electricity swaps and options $67 Competitive businesses operating revenues $94 2019 Electricity swaps and options $26 Competitive businesses operating revenues $52 (a) Before taxes of $20 million and $11 million for the three months ended March 31, 2020 and 2019, respectively Based on market prices as of March 31, 2020 , unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $81 million of net unrealized losses. Approximately $80 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $13 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $21 Electricity swaps and options (c) Competitive business operating revenues $5 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $0.2 $— $0.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Arkansas Financial transmission rights Prepayments and other $2.0 ($0.1) $1.9 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.5 $— $2.5 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Other current liabilities $4.4 $— $4.4 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of March 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.3) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.4) (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.1) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.4 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $8.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.1 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.9 (b) Entergy New Orleans Financial transmission rights Purchased power expense $0.3 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Business Unit Risk Control group also validates forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences are analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options are also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirms the mark-to-market calculations and prepares price scenarios and credit downgrade scenario analysis. The scenario analysis is communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis is completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects are calculated for this analysis. This analysis is communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group review these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2020 and December 31, 2019 . The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels.
Entergy Louisiana [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at March 31, 2020 is approximately 1 year. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020 , of which approximately 61% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 11.6 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of March 31, 2020 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $9 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $95 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of March 31, 2020 was 4 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of March 31, 2020 was 7 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of March 31, 2020 was 42,371,000 MMBtu for Entergy, including 29,220,000 MMBtu for Entergy Louisiana and 13,151,000 MMBtu for Entergy Mississippi. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2019, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2019 through May 31, 2020. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy Wholesale Commodities are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2020 was 18,987 GWh for Entergy, including 4,368 GWh for Entergy Arkansas, 8,517 GWh for Entergy Louisiana, 2,427 GWh for Entergy Mississippi, 934 GWh for Entergy New Orleans, and 2,662 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy Wholesale Commodities is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of March 31, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of March 31, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $81 $— $81 Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $8 ($4) $4 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities $7 $— $7 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheet (d) Excludes cash collateral in the amount of $9 million posted as of March 31, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $95 million held as of March 31, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Amount of gain (loss) recognized in other Income Statement location Amount of gain (loss) (In Millions) (In Millions) 2020 Electricity swaps and options $67 Competitive businesses operating revenues $94 2019 Electricity swaps and options $26 Competitive businesses operating revenues $52 (a) Before taxes of $20 million and $11 million for the three months ended March 31, 2020 and 2019, respectively Based on market prices as of March 31, 2020 , unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $81 million of net unrealized losses. Approximately $80 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $13 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $21 Electricity swaps and options (c) Competitive business operating revenues $5 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $0.2 $— $0.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Arkansas Financial transmission rights Prepayments and other $2.0 ($0.1) $1.9 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.5 $— $2.5 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Other current liabilities $4.4 $— $4.4 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of March 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.3) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.4) (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.1) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.4 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $8.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.1 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.9 (b) Entergy New Orleans Financial transmission rights Purchased power expense $0.3 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Business Unit Risk Control group also validates forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences are analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options are also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirms the mark-to-market calculations and prepares price scenarios and credit downgrade scenario analysis. The scenario analysis is communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis is completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects are calculated for this analysis. This analysis is communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group review these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2020 and December 31, 2019 . The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels.
Entergy Mississippi [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at March 31, 2020 is approximately 1 year. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020 , of which approximately 61% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 11.6 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of March 31, 2020 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $9 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $95 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of March 31, 2020 was 4 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of March 31, 2020 was 7 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of March 31, 2020 was 42,371,000 MMBtu for Entergy, including 29,220,000 MMBtu for Entergy Louisiana and 13,151,000 MMBtu for Entergy Mississippi. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2019, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2019 through May 31, 2020. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy Wholesale Commodities are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2020 was 18,987 GWh for Entergy, including 4,368 GWh for Entergy Arkansas, 8,517 GWh for Entergy Louisiana, 2,427 GWh for Entergy Mississippi, 934 GWh for Entergy New Orleans, and 2,662 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy Wholesale Commodities is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of March 31, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of March 31, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $81 $— $81 Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $8 ($4) $4 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities $7 $— $7 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheet (d) Excludes cash collateral in the amount of $9 million posted as of March 31, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $95 million held as of March 31, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Amount of gain (loss) recognized in other Income Statement location Amount of gain (loss) (In Millions) (In Millions) 2020 Electricity swaps and options $67 Competitive businesses operating revenues $94 2019 Electricity swaps and options $26 Competitive businesses operating revenues $52 (a) Before taxes of $20 million and $11 million for the three months ended March 31, 2020 and 2019, respectively Based on market prices as of March 31, 2020 , unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $81 million of net unrealized losses. Approximately $80 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $13 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $21 Electricity swaps and options (c) Competitive business operating revenues $5 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $0.2 $— $0.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Arkansas Financial transmission rights Prepayments and other $2.0 ($0.1) $1.9 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.5 $— $2.5 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Other current liabilities $4.4 $— $4.4 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of March 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.3) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.4) (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.1) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.4 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $8.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.1 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.9 (b) Entergy New Orleans Financial transmission rights Purchased power expense $0.3 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Business Unit Risk Control group also validates forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences are analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options are also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirms the mark-to-market calculations and prepares price scenarios and credit downgrade scenario analysis. The scenario analysis is communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis is completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects are calculated for this analysis. This analysis is communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group review these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2020 and December 31, 2019 . The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels.
Entergy New Orleans [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at March 31, 2020 is approximately 1 year. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020 , of which approximately 61% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 11.6 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of March 31, 2020 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $9 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $95 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of March 31, 2020 was 4 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of March 31, 2020 was 7 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of March 31, 2020 was 42,371,000 MMBtu for Entergy, including 29,220,000 MMBtu for Entergy Louisiana and 13,151,000 MMBtu for Entergy Mississippi. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2019, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2019 through May 31, 2020. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy Wholesale Commodities are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2020 was 18,987 GWh for Entergy, including 4,368 GWh for Entergy Arkansas, 8,517 GWh for Entergy Louisiana, 2,427 GWh for Entergy Mississippi, 934 GWh for Entergy New Orleans, and 2,662 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy Wholesale Commodities is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of March 31, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of March 31, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $81 $— $81 Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $8 ($4) $4 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities $7 $— $7 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheet (d) Excludes cash collateral in the amount of $9 million posted as of March 31, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $95 million held as of March 31, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Amount of gain (loss) recognized in other Income Statement location Amount of gain (loss) (In Millions) (In Millions) 2020 Electricity swaps and options $67 Competitive businesses operating revenues $94 2019 Electricity swaps and options $26 Competitive businesses operating revenues $52 (a) Before taxes of $20 million and $11 million for the three months ended March 31, 2020 and 2019, respectively Based on market prices as of March 31, 2020 , unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $81 million of net unrealized losses. Approximately $80 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $13 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $21 Electricity swaps and options (c) Competitive business operating revenues $5 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $0.2 $— $0.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Arkansas Financial transmission rights Prepayments and other $2.0 ($0.1) $1.9 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.5 $— $2.5 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Other current liabilities $4.4 $— $4.4 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of March 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.3) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.4) (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.1) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.4 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $8.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.1 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.9 (b) Entergy New Orleans Financial transmission rights Purchased power expense $0.3 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Business Unit Risk Control group also validates forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences are analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options are also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirms the mark-to-market calculations and prepares price scenarios and credit downgrade scenario analysis. The scenario analysis is communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis is completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects are calculated for this analysis. This analysis is communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group review these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2020 and December 31, 2019 . The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels.
Entergy Texas [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at March 31, 2020 is approximately 1 year. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020 , of which approximately 61% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 11.6 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of March 31, 2020 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $9 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $95 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of March 31, 2020 was 4 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of March 31, 2020 was 7 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of March 31, 2020 was 42,371,000 MMBtu for Entergy, including 29,220,000 MMBtu for Entergy Louisiana and 13,151,000 MMBtu for Entergy Mississippi. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2019, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2019 through May 31, 2020. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy Wholesale Commodities are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2020 was 18,987 GWh for Entergy, including 4,368 GWh for Entergy Arkansas, 8,517 GWh for Entergy Louisiana, 2,427 GWh for Entergy Mississippi, 934 GWh for Entergy New Orleans, and 2,662 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy Wholesale Commodities is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of March 31, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of March 31, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $81 $— $81 Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $8 ($4) $4 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities $7 $— $7 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheet (d) Excludes cash collateral in the amount of $9 million posted as of March 31, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $95 million held as of March 31, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Amount of gain (loss) recognized in other Income Statement location Amount of gain (loss) (In Millions) (In Millions) 2020 Electricity swaps and options $67 Competitive businesses operating revenues $94 2019 Electricity swaps and options $26 Competitive businesses operating revenues $52 (a) Before taxes of $20 million and $11 million for the three months ended March 31, 2020 and 2019, respectively Based on market prices as of March 31, 2020 , unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $81 million of net unrealized losses. Approximately $80 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $13 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $21 Electricity swaps and options (c) Competitive business operating revenues $5 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $0.2 $— $0.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Arkansas Financial transmission rights Prepayments and other $2.0 ($0.1) $1.9 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.5 $— $2.5 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Other current liabilities $4.4 $— $4.4 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of March 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.3) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.4) (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.1) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.4 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $8.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.1 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.9 (b) Entergy New Orleans Financial transmission rights Purchased power expense $0.3 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Business Unit Risk Control group also validates forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences are analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options are also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirms the mark-to-market calculations and prepares price scenarios and credit downgrade scenario analysis. The scenario analysis is communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis is completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects are calculated for this analysis. This analysis is communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group review these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2020 and December 31, 2019 . The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels.
System Energy [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at March 31, 2020 is approximately 1 year. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020 , of which approximately 61% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 11.6 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of March 31, 2020 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $9 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $95 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019 , there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of March 31, 2020 was 4 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of March 31, 2020 was 7 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of March 31, 2020 was 42,371,000 MMBtu for Entergy, including 29,220,000 MMBtu for Entergy Louisiana and 13,151,000 MMBtu for Entergy Mississippi. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2019, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2019 through May 31, 2020. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy Wholesale Commodities are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2020 was 18,987 GWh for Entergy, including 4,368 GWh for Entergy Arkansas, 8,517 GWh for Entergy Louisiana, 2,427 GWh for Entergy Mississippi, 934 GWh for Entergy New Orleans, and 2,662 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy Wholesale Commodities is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of March 31, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of March 31, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $81 $— $81 Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $8 ($4) $4 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities $7 $— $7 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheet (d) Excludes cash collateral in the amount of $9 million posted as of March 31, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $95 million held as of March 31, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Amount of gain (loss) recognized in other Income Statement location Amount of gain (loss) (In Millions) (In Millions) 2020 Electricity swaps and options $67 Competitive businesses operating revenues $94 2019 Electricity swaps and options $26 Competitive businesses operating revenues $52 (a) Before taxes of $20 million and $11 million for the three months ended March 31, 2020 and 2019, respectively Based on market prices as of March 31, 2020 , unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $81 million of net unrealized losses. Approximately $80 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $13 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $21 Electricity swaps and options (c) Competitive business operating revenues $5 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $0.2 $— $0.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Arkansas Financial transmission rights Prepayments and other $2.0 ($0.1) $1.9 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.5 $— $2.5 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Other current liabilities $4.4 $— $4.4 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of March 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.3) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.4) (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.1) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.4 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $8.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.1 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.9 (b) Entergy New Orleans Financial transmission rights Purchased power expense $0.3 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Business Unit Risk Control group also validates forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences are analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options are also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirms the mark-to-market calculations and prepares price scenarios and credit downgrade scenario analysis. The scenario analysis is communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis is completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects are calculated for this analysis. This analysis is communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group review these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2020 and December 31, 2019 . The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels.

Decommissioning Trust Funds

Decommissioning Trust Funds	3 Months Ended
Decommissioning Trust Funds	Mar. 31, 2020
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, Grand Gulf, Indian Point 1, Indian Point 2, Indian Point 3, and Palisades. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, the Registrant Subsidiaries have recorded an offsetting amount of unrealized gains/(losses) on investment securities in other regulatory liabilities/assets. For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other deferred credits for the unrealized trust earnings not currently expected to be needed to decommission the plant. Decommissioning trust funds for the Entergy Wholesale Commodities nuclear plants do not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds are recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. A portion of Entergy’s decommissioning trust funds are held in a wholly-owned registered investment company, and unrealized gains and losses on both the equity and debt securities held in the registered investment company are recognized in earnings. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($636) million . The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities (a) $2,523 $158 $16 2019 Debt Securities (a) $2,456 $96 $6 (a) Debt securities presented herein do not include the $521 million and $507 million of debt securities held in the wholly-owned registered investment company as of March 31, 2020 and December 31, 2019 , respectively, which are not accounted for as available-for-sale. The unrealized gains/(losses) above are reported before deferred taxes of $22 million as of March 31, 2020 and $13 million as of December 31, 2019 for debt securities. The amortized cost of available-for-sale debt securities was $2,382 million as of March 31, 2020 and $2,366 million as of December 31, 2019 . As of March 31, 2020 , available- for-sale debt securities had an average coupon rate of approximately 3.23% , an average duration of approximately 6.73 years, and an average maturity of approximately 10.47 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $411 $16 $404 $5 More than 12 months 5 — 38 1 Total $416 $16 $442 $6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $84 $128 1 year - 5 years 798 807 5 years - 10 years 686 666 10 years - 15 years 226 125 15 years - 20 years 129 126 20 years+ 600 604 Total $2,523 $2,456 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $400 million and $365 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $14 million and $2 million , respectively, and gross losses of $3 million and $2 million , respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of March 31, 2020 were $506 million for Indian Point 1, $644 million for Indian Point 2, $858 million for Indian Point 3, and $493 million for Palisades. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of December 31, 2019 were $556 million for Indian Point 1, $701 million for Indian Point 2, $930 million for Indian Point 3, and $498 million for Palisades. The fair values of the decommissioning trust funds for the Registrant Subsidiaries’ nuclear plants are detailed below. Entergy Arkansas Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $417.8 $20.4 $1.4 2019 Debt Securities $412.8 $9.9 $2.6 The amortized cost of available-for-sale debt securities was $398.9 million as of March 31, 2020 and $405.4 million as of December 31, 2019 . As of March 31, 2020 , available-for-sale debt securities had an average coupon rate of approximately 2.73% , an average duration of approximately 6.87 years, and an average maturity of approximately 8.36 years. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($147.1) million . The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $60.2 $1.4 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $60.2 $1.4 $112.5 $2.6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $34.4 $44.1 1 year - 5 years 108.2 109.1 5 years - 10 years 163.0 156.0 10 years - 15 years 43.8 31.3 15 years - 20 years 27.7 23.8 20 years+ 40.7 48.5 Total $417.8 $412.8 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $48.6 million and $10.9 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $4.5 million and $0.02 million , respectively, and gross losses of $0.2 million and $0.1 million , respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $603.0 $38.5 $3.9 2019 Debt Securities $601.5 $29.3 $0.8 The amortized cost of available-for-sale debt securities was $568.4 million as of March 31, 2020 and $573 million as of December 31, 2019 . As of March 31, 2020 , the available-for-sale debt securities had an average coupon rate of approximately 3.87% , an average duration of approximately 6.85 years, and an average maturity of approximately 13.38 years. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($200.8) million . The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $95.2 $3.9 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $96.0 $3.9 $79.1 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $10.4 $40.7 1 year - 5 years 143.3 142.0 5 years - 10 years 133.8 132.4 10 years - 15 years 62.2 39.8 15 years - 20 years 54.6 49.2 20 years+ 198.7 197.4 Total $603.0 $601.5 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $67.4 million and $56.2 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $2.9 million and $0.3 million , respectively, and gross losses of $0.6 million and $0.2 million , respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. System Energy System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $408.0 $26.9 $2.7 2019 Debt Securities $386.2 $15.1 $0.3 The amortized cost of available-for-sale debt securities was $383.8 million as of March 31, 2020 and $371.4 million as of December 31, 2019 . As of March 31, 2020 , available-for-sale debt securities had an average coupon rate of approximately 2.91% , an average duration of approximately 7.03 years, and an average maturity of approximately 10.70 years. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($140) million . The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $52.3 $2.7 $56.9 $0.3 More than 12 months — — 0.3 — Total $52.3 $2.7 $57.2 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $17.4 $8.5 1 year - 5 years 163.9 154.6 5 years - 10 years 96.0 92.3 10 years - 15 years 20.8 13.4 15 years - 20 years 6.7 14.4 20 years+ 103.2 103.0 Total $408.0 $386.2 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $92 million and $42.1 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $1.7 million and $0.4 million , respectively, and gross losses of $0.2 million and $0.1 million , respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy implemented ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, effective January 1, 2020. In accordance with the new standard, Entergy estimates the expected credit losses for its available for sale securities based on the current credit rating and remaining life of the securities. To the extent an individual security is determined to be uncollectible it is written off against this allowance. Entergy’s available-for-sale securities are held in trusts managed by third parties who operate in accordance with agreements that define investment guidelines and place restrictions on the purchases and sales of investments. Specifically, available-for-sale securities are subject to credit worthiness restrictions, with requirements for both the average credit rating of the portfolio and minimum credit ratings for individual debt securities. As of March 31, 2020, Entergy’s allowance for expected credit losses related to available-for-sale securities was $3 million . Entergy did not record any impairments of available-for-sale debt securities for the three months ended March 31, 2020 . Other-than-temporary impairments and unrealized gains and losses Prior to the implementation of ASU 2016-13 on January 1, 2020, Entergy evaluated the available-for-sale debt securities in the Entergy Wholesale Commodities nuclear decommissioning trust funds with unrealized losses at the end of each period to determine whether an other-than-temporary impairment had occurred. The assessment of whether an investment in a debt security suffered an other-than-temporary impairment was based on whether Entergy had the intent to sell or more likely than not would have been required to sell the debt security before recovery of its amortized costs. Further, if Entergy did not expect to recover the entire amortized cost basis of the debt security, an other-than-temporary impairment was considered to have occurred and it was measured by the present value of cash flows expected to be collected less the amortized cost basis (credit loss). Entergy did not have any material other-than-temporary impairments relating to credit losses on debt securities for the three months ended March 31, 2019
Entergy Arkansas [Member]
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, Grand Gulf, Indian Point 1, Indian Point 2, Indian Point 3, and Palisades. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, the Registrant Subsidiaries have recorded an offsetting amount of unrealized gains/(losses) on investment securities in other regulatory liabilities/assets. For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other deferred credits for the unrealized trust earnings not currently expected to be needed to decommission the plant. Decommissioning trust funds for the Entergy Wholesale Commodities nuclear plants do not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds are recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. A portion of Entergy’s decommissioning trust funds are held in a wholly-owned registered investment company, and unrealized gains and losses on both the equity and debt securities held in the registered investment company are recognized in earnings. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($636) million . The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities (a) $2,523 $158 $16 2019 Debt Securities (a) $2,456 $96 $6 (a) Debt securities presented herein do not include the $521 million and $507 million of debt securities held in the wholly-owned registered investment company as of March 31, 2020 and December 31, 2019 , respectively, which are not accounted for as available-for-sale. The unrealized gains/(losses) above are reported before deferred taxes of $22 million as of March 31, 2020 and $13 million as of December 31, 2019 for debt securities. The amortized cost of available-for-sale debt securities was $2,382 million as of March 31, 2020 and $2,366 million as of December 31, 2019 . As of March 31, 2020 , available- for-sale debt securities had an average coupon rate of approximately 3.23% , an average duration of approximately 6.73 years, and an average maturity of approximately 10.47 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $411 $16 $404 $5 More than 12 months 5 — 38 1 Total $416 $16 $442 $6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $84 $128 1 year - 5 years 798 807 5 years - 10 years 686 666 10 years - 15 years 226 125 15 years - 20 years 129 126 20 years+ 600 604 Total $2,523 $2,456 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $400 million and $365 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $14 million and $2 million , respectively, and gross losses of $3 million and $2 million , respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of March 31, 2020 were $506 million for Indian Point 1, $644 million for Indian Point 2, $858 million for Indian Point 3, and $493 million for Palisades. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of December 31, 2019 were $556 million for Indian Point 1, $701 million for Indian Point 2, $930 million for Indian Point 3, and $498 million for Palisades. The fair values of the decommissioning trust funds for the Registrant Subsidiaries’ nuclear plants are detailed below. Entergy Arkansas Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $417.8 $20.4 $1.4 2019 Debt Securities $412.8 $9.9 $2.6 The amortized cost of available-for-sale debt securities was $398.9 million as of March 31, 2020 and $405.4 million as of December 31, 2019 . As of March 31, 2020 , available-for-sale debt securities had an average coupon rate of approximately 2.73% , an average duration of approximately 6.87 years, and an average maturity of approximately 8.36 years. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($147.1) million . The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $60.2 $1.4 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $60.2 $1.4 $112.5 $2.6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $34.4 $44.1 1 year - 5 years 108.2 109.1 5 years - 10 years 163.0 156.0 10 years - 15 years 43.8 31.3 15 years - 20 years 27.7 23.8 20 years+ 40.7 48.5 Total $417.8 $412.8 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $48.6 million and $10.9 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $4.5 million and $0.02 million , respectively, and gross losses of $0.2 million and $0.1 million , respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $603.0 $38.5 $3.9 2019 Debt Securities $601.5 $29.3 $0.8 The amortized cost of available-for-sale debt securities was $568.4 million as of March 31, 2020 and $573 million as of December 31, 2019 . As of March 31, 2020 , the available-for-sale debt securities had an average coupon rate of approximately 3.87% , an average duration of approximately 6.85 years, and an average maturity of approximately 13.38 years. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($200.8) million . The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $95.2 $3.9 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $96.0 $3.9 $79.1 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $10.4 $40.7 1 year - 5 years 143.3 142.0 5 years - 10 years 133.8 132.4 10 years - 15 years 62.2 39.8 15 years - 20 years 54.6 49.2 20 years+ 198.7 197.4 Total $603.0 $601.5 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $67.4 million and $56.2 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $2.9 million and $0.3 million , respectively, and gross losses of $0.6 million and $0.2 million , respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. System Energy System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $408.0 $26.9 $2.7 2019 Debt Securities $386.2 $15.1 $0.3 The amortized cost of available-for-sale debt securities was $383.8 million as of March 31, 2020 and $371.4 million as of December 31, 2019 . As of March 31, 2020 , available-for-sale debt securities had an average coupon rate of approximately 2.91% , an average duration of approximately 7.03 years, and an average maturity of approximately 10.70 years. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($140) million . The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $52.3 $2.7 $56.9 $0.3 More than 12 months — — 0.3 — Total $52.3 $2.7 $57.2 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $17.4 $8.5 1 year - 5 years 163.9 154.6 5 years - 10 years 96.0 92.3 10 years - 15 years 20.8 13.4 15 years - 20 years 6.7 14.4 20 years+ 103.2 103.0 Total $408.0 $386.2 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $92 million and $42.1 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $1.7 million and $0.4 million , respectively, and gross losses of $0.2 million and $0.1 million , respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy implemented ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, effective January 1, 2020. In accordance with the new standard, Entergy estimates the expected credit losses for its available for sale securities based on the current credit rating and remaining life of the securities. To the extent an individual security is determined to be uncollectible it is written off against this allowance. Entergy’s available-for-sale securities are held in trusts managed by third parties who operate in accordance with agreements that define investment guidelines and place restrictions on the purchases and sales of investments. Specifically, available-for-sale securities are subject to credit worthiness restrictions, with requirements for both the average credit rating of the portfolio and minimum credit ratings for individual debt securities. As of March 31, 2020, Entergy’s allowance for expected credit losses related to available-for-sale securities was $3 million . Entergy did not record any impairments of available-for-sale debt securities for the three months ended March 31, 2020 . Other-than-temporary impairments and unrealized gains and losses Prior to the implementation of ASU 2016-13 on January 1, 2020, Entergy evaluated the available-for-sale debt securities in the Entergy Wholesale Commodities nuclear decommissioning trust funds with unrealized losses at the end of each period to determine whether an other-than-temporary impairment had occurred. The assessment of whether an investment in a debt security suffered an other-than-temporary impairment was based on whether Entergy had the intent to sell or more likely than not would have been required to sell the debt security before recovery of its amortized costs. Further, if Entergy did not expect to recover the entire amortized cost basis of the debt security, an other-than-temporary impairment was considered to have occurred and it was measured by the present value of cash flows expected to be collected less the amortized cost basis (credit loss). Entergy did not have any material other-than-temporary impairments relating to credit losses on debt securities for the three months ended March 31, 2019
Entergy Louisiana [Member]
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, Grand Gulf, Indian Point 1, Indian Point 2, Indian Point 3, and Palisades. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, the Registrant Subsidiaries have recorded an offsetting amount of unrealized gains/(losses) on investment securities in other regulatory liabilities/assets. For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other deferred credits for the unrealized trust earnings not currently expected to be needed to decommission the plant. Decommissioning trust funds for the Entergy Wholesale Commodities nuclear plants do not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds are recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. A portion of Entergy’s decommissioning trust funds are held in a wholly-owned registered investment company, and unrealized gains and losses on both the equity and debt securities held in the registered investment company are recognized in earnings. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($636) million . The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities (a) $2,523 $158 $16 2019 Debt Securities (a) $2,456 $96 $6 (a) Debt securities presented herein do not include the $521 million and $507 million of debt securities held in the wholly-owned registered investment company as of March 31, 2020 and December 31, 2019 , respectively, which are not accounted for as available-for-sale. The unrealized gains/(losses) above are reported before deferred taxes of $22 million as of March 31, 2020 and $13 million as of December 31, 2019 for debt securities. The amortized cost of available-for-sale debt securities was $2,382 million as of March 31, 2020 and $2,366 million as of December 31, 2019 . As of March 31, 2020 , available- for-sale debt securities had an average coupon rate of approximately 3.23% , an average duration of approximately 6.73 years, and an average maturity of approximately 10.47 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $411 $16 $404 $5 More than 12 months 5 — 38 1 Total $416 $16 $442 $6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $84 $128 1 year - 5 years 798 807 5 years - 10 years 686 666 10 years - 15 years 226 125 15 years - 20 years 129 126 20 years+ 600 604 Total $2,523 $2,456 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $400 million and $365 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $14 million and $2 million , respectively, and gross losses of $3 million and $2 million , respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of March 31, 2020 were $506 million for Indian Point 1, $644 million for Indian Point 2, $858 million for Indian Point 3, and $493 million for Palisades. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of December 31, 2019 were $556 million for Indian Point 1, $701 million for Indian Point 2, $930 million for Indian Point 3, and $498 million for Palisades. The fair values of the decommissioning trust funds for the Registrant Subsidiaries’ nuclear plants are detailed below. Entergy Arkansas Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $417.8 $20.4 $1.4 2019 Debt Securities $412.8 $9.9 $2.6 The amortized cost of available-for-sale debt securities was $398.9 million as of March 31, 2020 and $405.4 million as of December 31, 2019 . As of March 31, 2020 , available-for-sale debt securities had an average coupon rate of approximately 2.73% , an average duration of approximately 6.87 years, and an average maturity of approximately 8.36 years. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($147.1) million . The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $60.2 $1.4 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $60.2 $1.4 $112.5 $2.6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $34.4 $44.1 1 year - 5 years 108.2 109.1 5 years - 10 years 163.0 156.0 10 years - 15 years 43.8 31.3 15 years - 20 years 27.7 23.8 20 years+ 40.7 48.5 Total $417.8 $412.8 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $48.6 million and $10.9 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $4.5 million and $0.02 million , respectively, and gross losses of $0.2 million and $0.1 million , respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $603.0 $38.5 $3.9 2019 Debt Securities $601.5 $29.3 $0.8 The amortized cost of available-for-sale debt securities was $568.4 million as of March 31, 2020 and $573 million as of December 31, 2019 . As of March 31, 2020 , the available-for-sale debt securities had an average coupon rate of approximately 3.87% , an average duration of approximately 6.85 years, and an average maturity of approximately 13.38 years. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($200.8) million . The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $95.2 $3.9 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $96.0 $3.9 $79.1 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $10.4 $40.7 1 year - 5 years 143.3 142.0 5 years - 10 years 133.8 132.4 10 years - 15 years 62.2 39.8 15 years - 20 years 54.6 49.2 20 years+ 198.7 197.4 Total $603.0 $601.5 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $67.4 million and $56.2 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $2.9 million and $0.3 million , respectively, and gross losses of $0.6 million and $0.2 million , respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. System Energy System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $408.0 $26.9 $2.7 2019 Debt Securities $386.2 $15.1 $0.3 The amortized cost of available-for-sale debt securities was $383.8 million as of March 31, 2020 and $371.4 million as of December 31, 2019 . As of March 31, 2020 , available-for-sale debt securities had an average coupon rate of approximately 2.91% , an average duration of approximately 7.03 years, and an average maturity of approximately 10.70 years. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($140) million . The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $52.3 $2.7 $56.9 $0.3 More than 12 months — — 0.3 — Total $52.3 $2.7 $57.2 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $17.4 $8.5 1 year - 5 years 163.9 154.6 5 years - 10 years 96.0 92.3 10 years - 15 years 20.8 13.4 15 years - 20 years 6.7 14.4 20 years+ 103.2 103.0 Total $408.0 $386.2 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $92 million and $42.1 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $1.7 million and $0.4 million , respectively, and gross losses of $0.2 million and $0.1 million , respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy implemented ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, effective January 1, 2020. In accordance with the new standard, Entergy estimates the expected credit losses for its available for sale securities based on the current credit rating and remaining life of the securities. To the extent an individual security is determined to be uncollectible it is written off against this allowance. Entergy’s available-for-sale securities are held in trusts managed by third parties who operate in accordance with agreements that define investment guidelines and place restrictions on the purchases and sales of investments. Specifically, available-for-sale securities are subject to credit worthiness restrictions, with requirements for both the average credit rating of the portfolio and minimum credit ratings for individual debt securities. As of March 31, 2020, Entergy’s allowance for expected credit losses related to available-for-sale securities was $3 million . Entergy did not record any impairments of available-for-sale debt securities for the three months ended March 31, 2020 . Other-than-temporary impairments and unrealized gains and losses Prior to the implementation of ASU 2016-13 on January 1, 2020, Entergy evaluated the available-for-sale debt securities in the Entergy Wholesale Commodities nuclear decommissioning trust funds with unrealized losses at the end of each period to determine whether an other-than-temporary impairment had occurred. The assessment of whether an investment in a debt security suffered an other-than-temporary impairment was based on whether Entergy had the intent to sell or more likely than not would have been required to sell the debt security before recovery of its amortized costs. Further, if Entergy did not expect to recover the entire amortized cost basis of the debt security, an other-than-temporary impairment was considered to have occurred and it was measured by the present value of cash flows expected to be collected less the amortized cost basis (credit loss). Entergy did not have any material other-than-temporary impairments relating to credit losses on debt securities for the three months ended March 31, 2019
System Energy [Member]
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, Grand Gulf, Indian Point 1, Indian Point 2, Indian Point 3, and Palisades. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, the Registrant Subsidiaries have recorded an offsetting amount of unrealized gains/(losses) on investment securities in other regulatory liabilities/assets. For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other deferred credits for the unrealized trust earnings not currently expected to be needed to decommission the plant. Decommissioning trust funds for the Entergy Wholesale Commodities nuclear plants do not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds are recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. A portion of Entergy’s decommissioning trust funds are held in a wholly-owned registered investment company, and unrealized gains and losses on both the equity and debt securities held in the registered investment company are recognized in earnings. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($636) million . The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities (a) $2,523 $158 $16 2019 Debt Securities (a) $2,456 $96 $6 (a) Debt securities presented herein do not include the $521 million and $507 million of debt securities held in the wholly-owned registered investment company as of March 31, 2020 and December 31, 2019 , respectively, which are not accounted for as available-for-sale. The unrealized gains/(losses) above are reported before deferred taxes of $22 million as of March 31, 2020 and $13 million as of December 31, 2019 for debt securities. The amortized cost of available-for-sale debt securities was $2,382 million as of March 31, 2020 and $2,366 million as of December 31, 2019 . As of March 31, 2020 , available- for-sale debt securities had an average coupon rate of approximately 3.23% , an average duration of approximately 6.73 years, and an average maturity of approximately 10.47 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $411 $16 $404 $5 More than 12 months 5 — 38 1 Total $416 $16 $442 $6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $84 $128 1 year - 5 years 798 807 5 years - 10 years 686 666 10 years - 15 years 226 125 15 years - 20 years 129 126 20 years+ 600 604 Total $2,523 $2,456 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $400 million and $365 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $14 million and $2 million , respectively, and gross losses of $3 million and $2 million , respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of March 31, 2020 were $506 million for Indian Point 1, $644 million for Indian Point 2, $858 million for Indian Point 3, and $493 million for Palisades. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of December 31, 2019 were $556 million for Indian Point 1, $701 million for Indian Point 2, $930 million for Indian Point 3, and $498 million for Palisades. The fair values of the decommissioning trust funds for the Registrant Subsidiaries’ nuclear plants are detailed below. Entergy Arkansas Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $417.8 $20.4 $1.4 2019 Debt Securities $412.8 $9.9 $2.6 The amortized cost of available-for-sale debt securities was $398.9 million as of March 31, 2020 and $405.4 million as of December 31, 2019 . As of March 31, 2020 , available-for-sale debt securities had an average coupon rate of approximately 2.73% , an average duration of approximately 6.87 years, and an average maturity of approximately 8.36 years. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($147.1) million . The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $60.2 $1.4 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $60.2 $1.4 $112.5 $2.6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $34.4 $44.1 1 year - 5 years 108.2 109.1 5 years - 10 years 163.0 156.0 10 years - 15 years 43.8 31.3 15 years - 20 years 27.7 23.8 20 years+ 40.7 48.5 Total $417.8 $412.8 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $48.6 million and $10.9 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $4.5 million and $0.02 million , respectively, and gross losses of $0.2 million and $0.1 million , respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $603.0 $38.5 $3.9 2019 Debt Securities $601.5 $29.3 $0.8 The amortized cost of available-for-sale debt securities was $568.4 million as of March 31, 2020 and $573 million as of December 31, 2019 . As of March 31, 2020 , the available-for-sale debt securities had an average coupon rate of approximately 3.87% , an average duration of approximately 6.85 years, and an average maturity of approximately 13.38 years. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($200.8) million . The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $95.2 $3.9 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $96.0 $3.9 $79.1 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $10.4 $40.7 1 year - 5 years 143.3 142.0 5 years - 10 years 133.8 132.4 10 years - 15 years 62.2 39.8 15 years - 20 years 54.6 49.2 20 years+ 198.7 197.4 Total $603.0 $601.5 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $67.4 million and $56.2 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $2.9 million and $0.3 million , respectively, and gross losses of $0.6 million and $0.2 million , respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. System Energy System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $408.0 $26.9 $2.7 2019 Debt Securities $386.2 $15.1 $0.3 The amortized cost of available-for-sale debt securities was $383.8 million as of March 31, 2020 and $371.4 million as of December 31, 2019 . As of March 31, 2020 , available-for-sale debt securities had an average coupon rate of approximately 2.91% , an average duration of approximately 7.03 years, and an average maturity of approximately 10.70 years. The unrealized gains/(losses) recognized during the three months ended March 31, 2020 on equity securities still held as of March 31, 2020 were ($140) million . The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $52.3 $2.7 $56.9 $0.3 More than 12 months — — 0.3 — Total $52.3 $2.7 $57.2 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $17.4 $8.5 1 year - 5 years 163.9 154.6 5 years - 10 years 96.0 92.3 10 years - 15 years 20.8 13.4 15 years - 20 years 6.7 14.4 20 years+ 103.2 103.0 Total $408.0 $386.2 During the three months ended March 31, 2020 and 2019 , proceeds from the dispositions of available-for-sale securities amounted to $92 million and $42.1 million , respectively. During the three months ended March 31, 2020 and 2019 , gross gains of $1.7 million and $0.4 million , respectively, and gross losses of $0.2 million and $0.1 million , respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy implemented ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, effective January 1, 2020. In accordance with the new standard, Entergy estimates the expected credit losses for its available for sale securities based on the current credit rating and remaining life of the securities. To the extent an individual security is determined to be uncollectible it is written off against this allowance. Entergy’s available-for-sale securities are held in trusts managed by third parties who operate in accordance with agreements that define investment guidelines and place restrictions on the purchases and sales of investments. Specifically, available-for-sale securities are subject to credit worthiness restrictions, with requirements for both the average credit rating of the portfolio and minimum credit ratings for individual debt securities. As of March 31, 2020, Entergy’s allowance for expected credit losses related to available-for-sale securities was $3 million . Entergy did not record any impairments of available-for-sale debt securities for the three months ended March 31, 2020 . Other-than-temporary impairments and unrealized gains and losses Prior to the implementation of ASU 2016-13 on January 1, 2020, Entergy evaluated the available-for-sale debt securities in the Entergy Wholesale Commodities nuclear decommissioning trust funds with unrealized losses at the end of each period to determine whether an other-than-temporary impairment had occurred. The assessment of whether an investment in a debt security suffered an other-than-temporary impairment was based on whether Entergy had the intent to sell or more likely than not would have been required to sell the debt security before recovery of its amortized costs. Further, if Entergy did not expect to recover the entire amortized cost basis of the debt security, an other-than-temporary impairment was considered to have occurred and it was measured by the present value of cash flows expected to be collected less the amortized cost basis (credit loss). Entergy did not have any material other-than-temporary impairments relating to credit losses on debt securities for the three months ended March 31, 2019

Income Taxes

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2020
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory commissions. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting has a significant effect on the effective tax rate for the period as compared to the statutory tax rate. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Ended March 31, 2020 2019 (In Millions) Entergy $30 $61 Entergy Arkansas $13 $32 Entergy Louisiana $8 $7 Entergy New Orleans $3 $— Entergy Texas $6 $22 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million , including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a reduction of income tax expense of approximately $32 million . As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ( $21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022. Currently, these provisions do not have a significant effect on Entergy’s or the Registrant Subsidiaries’ balance sheets.
Entergy Arkansas [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory commissions. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting has a significant effect on the effective tax rate for the period as compared to the statutory tax rate. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Ended March 31, 2020 2019 (In Millions) Entergy $30 $61 Entergy Arkansas $13 $32 Entergy Louisiana $8 $7 Entergy New Orleans $3 $— Entergy Texas $6 $22 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million , including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a reduction of income tax expense of approximately $32 million . As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ( $21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022. Currently, these provisions do not have a significant effect on Entergy’s or the Registrant Subsidiaries’ balance sheets.
Entergy Louisiana [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory commissions. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting has a significant effect on the effective tax rate for the period as compared to the statutory tax rate. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Ended March 31, 2020 2019 (In Millions) Entergy $30 $61 Entergy Arkansas $13 $32 Entergy Louisiana $8 $7 Entergy New Orleans $3 $— Entergy Texas $6 $22 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million , including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a reduction of income tax expense of approximately $32 million . As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ( $21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022. Currently, these provisions do not have a significant effect on Entergy’s or the Registrant Subsidiaries’ balance sheets.
Entergy Mississippi [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory commissions. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting has a significant effect on the effective tax rate for the period as compared to the statutory tax rate. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Ended March 31, 2020 2019 (In Millions) Entergy $30 $61 Entergy Arkansas $13 $32 Entergy Louisiana $8 $7 Entergy New Orleans $3 $— Entergy Texas $6 $22 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million , including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a reduction of income tax expense of approximately $32 million . As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ( $21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022. Currently, these provisions do not have a significant effect on Entergy’s or the Registrant Subsidiaries’ balance sheets.
Entergy New Orleans [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory commissions. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting has a significant effect on the effective tax rate for the period as compared to the statutory tax rate. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Ended March 31, 2020 2019 (In Millions) Entergy $30 $61 Entergy Arkansas $13 $32 Entergy Louisiana $8 $7 Entergy New Orleans $3 $— Entergy Texas $6 $22 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million , including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a reduction of income tax expense of approximately $32 million . As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ( $21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022. Currently, these provisions do not have a significant effect on Entergy’s or the Registrant Subsidiaries’ balance sheets.
Entergy Texas [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory commissions. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting has a significant effect on the effective tax rate for the period as compared to the statutory tax rate. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Ended March 31, 2020 2019 (In Millions) Entergy $30 $61 Entergy Arkansas $13 $32 Entergy Louisiana $8 $7 Entergy New Orleans $3 $— Entergy Texas $6 $22 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million , including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a reduction of income tax expense of approximately $32 million . As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ( $21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022. Currently, these provisions do not have a significant effect on Entergy’s or the Registrant Subsidiaries’ balance sheets.
System Energy [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory commissions. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting has a significant effect on the effective tax rate for the period as compared to the statutory tax rate. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Ended March 31, 2020 2019 (In Millions) Entergy $30 $61 Entergy Arkansas $13 $32 Entergy Louisiana $8 $7 Entergy New Orleans $3 $— Entergy Texas $6 $22 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million , including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a reduction of income tax expense of approximately $32 million . As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ( $21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022. Currently, these provisions do not have a significant effect on Entergy’s or the Registrant Subsidiaries’ balance sheets.

Property, Plant, And Equipment

Property, Plant, And Equipment	3 Months Ended
Property, Plant, And Equipment	Mar. 31, 2020
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at March 31, 2020 were $367 million for Entergy, $57.5 million for Entergy Arkansas, $106.7 million for Entergy Louisiana, $24.2 million for Entergy Mississippi, $8.1 million for Entergy New Orleans, $78.2 million for Entergy Texas, and $52.6 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy.
Entergy Arkansas [Member]
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at March 31, 2020 were $367 million for Entergy, $57.5 million for Entergy Arkansas, $106.7 million for Entergy Louisiana, $24.2 million for Entergy Mississippi, $8.1 million for Entergy New Orleans, $78.2 million for Entergy Texas, and $52.6 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy.
Entergy Louisiana [Member]
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at March 31, 2020 were $367 million for Entergy, $57.5 million for Entergy Arkansas, $106.7 million for Entergy Louisiana, $24.2 million for Entergy Mississippi, $8.1 million for Entergy New Orleans, $78.2 million for Entergy Texas, and $52.6 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy.
Entergy Mississippi [Member]
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at March 31, 2020 were $367 million for Entergy, $57.5 million for Entergy Arkansas, $106.7 million for Entergy Louisiana, $24.2 million for Entergy Mississippi, $8.1 million for Entergy New Orleans, $78.2 million for Entergy Texas, and $52.6 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy.
Entergy New Orleans [Member]
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at March 31, 2020 were $367 million for Entergy, $57.5 million for Entergy Arkansas, $106.7 million for Entergy Louisiana, $24.2 million for Entergy Mississippi, $8.1 million for Entergy New Orleans, $78.2 million for Entergy Texas, and $52.6 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy.
Entergy Texas [Member]
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at March 31, 2020 were $367 million for Entergy, $57.5 million for Entergy Arkansas, $106.7 million for Entergy Louisiana, $24.2 million for Entergy Mississippi, $8.1 million for Entergy New Orleans, $78.2 million for Entergy Texas, and $52.6 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy.
System Energy [Member]
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at March 31, 2020 were $367 million for Entergy, $57.5 million for Entergy Arkansas, $106.7 million for Entergy Louisiana, $24.2 million for Entergy Mississippi, $8.1 million for Entergy New Orleans, $78.2 million for Entergy Texas, and $52.6 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy.

Variable Interest Entities

Variable Interest Entities	3 Months Ended
Variable Interest Entities	Mar. 31, 2020
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2020 and the three months ended March 31, 2019
Entergy Arkansas [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2020 and the three months ended March 31, 2019
Entergy Louisiana [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2020 and the three months ended March 31, 2019
Entergy Mississippi [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2020 and the three months ended March 31, 2019
Entergy New Orleans [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2020 and the three months ended March 31, 2019
Entergy Texas [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2020 and the three months ended March 31, 2019
System Energy [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2020 and the three months ended March 31, 2019

Revenue Recognition

Revenue Recognition	3 Months Ended
Revenue Recognition	Mar. 31, 2020
Revenue Recognition	REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $798,028 $802,539 Commercial 538,940 554,058 Industrial 557,515 601,000 Governmental 52,582 52,960 Total billed retail 1,947,065 2,010,557 Sales for resale (a) 53,725 84,435 Other electric revenues (b) 50,166 15,470 Revenues from contracts with customers 2,050,956 2,110,462 Other revenues (c) (318 ) 10,562 Total electric revenues 2,050,638 2,121,024 Natural gas 43,976 54,948 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 216,002 360,471 Other revenues (c) 116,563 73,141 Total competitive businesses revenues 332,565 433,612 Total operating revenues $2,427,179 $2,609,584 The Registrant Subsidiaries’ total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $219,688 $259,860 $127,102 $50,899 $140,480 Commercial 111,245 202,246 96,798 45,505 83,146 Industrial 101,088 322,342 36,390 7,347 90,348 Governmental 4,030 16,754 10,327 15,851 5,620 Total billed retail 436,051 801,202 270,617 119,602 319,594 Sales for resale (a) 41,140 78,530 14,422 10,170 8,629 Other electric revenues (b) 1,596 32,008 6,443 763 10,702 Revenues from contracts with customers 478,787 911,740 291,482 130,535 338,925 Other revenues (c) 3,125 801 2,440 (7,104 ) 411 Total electric revenues 481,912 912,541 293,922 123,431 339,336 Natural gas — 18,106 — 25,871 — Total operating revenues $481,912 $930,647 $293,922 $149,302 $339,336 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $209,867 $264,065 $128,809 $52,076 $147,722 Commercial 124,578 206,779 97,914 45,741 79,046 Industrial 121,577 346,678 37,697 7,250 87,798 Governmental 4,899 16,891 10,036 15,901 5,233 Total billed retail 460,921 834,413 274,456 120,968 319,799 Sales for resale (a) 79,584 83,955 4,814 10,224 16,775 Other electric revenues (b) 2,304 12,441 405 (1,706 ) 3,496 Revenues from contracts with customers 542,809 930,809 279,675 129,486 340,070 Other revenues (c) 3,003 5,884 2,569 1,397 404 Total electric revenues 545,812 936,693 282,244 130,883 340,474 Natural gas — 22,637 — 32,311 — Total operating revenues $545,812 $959,330 $282,244 $163,194 $340,474 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on the accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables, as shown below: Entergy Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 6.6 1.2 3.0 0.9 0.8 0.7 Write-offs (8.4 ) (1.8 ) (3.5 ) (1.2 ) (0.8 ) (1.1 ) Recoveries 2.9 0.9 1.1 0.3 0.2 0.5 Balance as of March 31, 2020 $8.5 $1.5 $2.5 $0.6 $3.4 $0.6 The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance. Although this balance has historically experienced minimal variation over time, management monitors the current condition of individual customer accounts to manage collections and ensure write-offs are recorded in a timely manner.
Entergy Arkansas [Member]
Revenue Recognition	REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $798,028 $802,539 Commercial 538,940 554,058 Industrial 557,515 601,000 Governmental 52,582 52,960 Total billed retail 1,947,065 2,010,557 Sales for resale (a) 53,725 84,435 Other electric revenues (b) 50,166 15,470 Revenues from contracts with customers 2,050,956 2,110,462 Other revenues (c) (318 ) 10,562 Total electric revenues 2,050,638 2,121,024 Natural gas 43,976 54,948 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 216,002 360,471 Other revenues (c) 116,563 73,141 Total competitive businesses revenues 332,565 433,612 Total operating revenues $2,427,179 $2,609,584 The Registrant Subsidiaries’ total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $219,688 $259,860 $127,102 $50,899 $140,480 Commercial 111,245 202,246 96,798 45,505 83,146 Industrial 101,088 322,342 36,390 7,347 90,348 Governmental 4,030 16,754 10,327 15,851 5,620 Total billed retail 436,051 801,202 270,617 119,602 319,594 Sales for resale (a) 41,140 78,530 14,422 10,170 8,629 Other electric revenues (b) 1,596 32,008 6,443 763 10,702 Revenues from contracts with customers 478,787 911,740 291,482 130,535 338,925 Other revenues (c) 3,125 801 2,440 (7,104 ) 411 Total electric revenues 481,912 912,541 293,922 123,431 339,336 Natural gas — 18,106 — 25,871 — Total operating revenues $481,912 $930,647 $293,922 $149,302 $339,336 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $209,867 $264,065 $128,809 $52,076 $147,722 Commercial 124,578 206,779 97,914 45,741 79,046 Industrial 121,577 346,678 37,697 7,250 87,798 Governmental 4,899 16,891 10,036 15,901 5,233 Total billed retail 460,921 834,413 274,456 120,968 319,799 Sales for resale (a) 79,584 83,955 4,814 10,224 16,775 Other electric revenues (b) 2,304 12,441 405 (1,706 ) 3,496 Revenues from contracts with customers 542,809 930,809 279,675 129,486 340,070 Other revenues (c) 3,003 5,884 2,569 1,397 404 Total electric revenues 545,812 936,693 282,244 130,883 340,474 Natural gas — 22,637 — 32,311 — Total operating revenues $545,812 $959,330 $282,244 $163,194 $340,474 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on the accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables, as shown below: Entergy Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 6.6 1.2 3.0 0.9 0.8 0.7 Write-offs (8.4 ) (1.8 ) (3.5 ) (1.2 ) (0.8 ) (1.1 ) Recoveries 2.9 0.9 1.1 0.3 0.2 0.5 Balance as of March 31, 2020 $8.5 $1.5 $2.5 $0.6 $3.4 $0.6 The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance. Although this balance has historically experienced minimal variation over time, management monitors the current condition of individual customer accounts to manage collections and ensure write-offs are recorded in a timely manner.
Entergy Louisiana [Member]
Revenue Recognition	REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $798,028 $802,539 Commercial 538,940 554,058 Industrial 557,515 601,000 Governmental 52,582 52,960 Total billed retail 1,947,065 2,010,557 Sales for resale (a) 53,725 84,435 Other electric revenues (b) 50,166 15,470 Revenues from contracts with customers 2,050,956 2,110,462 Other revenues (c) (318 ) 10,562 Total electric revenues 2,050,638 2,121,024 Natural gas 43,976 54,948 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 216,002 360,471 Other revenues (c) 116,563 73,141 Total competitive businesses revenues 332,565 433,612 Total operating revenues $2,427,179 $2,609,584 The Registrant Subsidiaries’ total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $219,688 $259,860 $127,102 $50,899 $140,480 Commercial 111,245 202,246 96,798 45,505 83,146 Industrial 101,088 322,342 36,390 7,347 90,348 Governmental 4,030 16,754 10,327 15,851 5,620 Total billed retail 436,051 801,202 270,617 119,602 319,594 Sales for resale (a) 41,140 78,530 14,422 10,170 8,629 Other electric revenues (b) 1,596 32,008 6,443 763 10,702 Revenues from contracts with customers 478,787 911,740 291,482 130,535 338,925 Other revenues (c) 3,125 801 2,440 (7,104 ) 411 Total electric revenues 481,912 912,541 293,922 123,431 339,336 Natural gas — 18,106 — 25,871 — Total operating revenues $481,912 $930,647 $293,922 $149,302 $339,336 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $209,867 $264,065 $128,809 $52,076 $147,722 Commercial 124,578 206,779 97,914 45,741 79,046 Industrial 121,577 346,678 37,697 7,250 87,798 Governmental 4,899 16,891 10,036 15,901 5,233 Total billed retail 460,921 834,413 274,456 120,968 319,799 Sales for resale (a) 79,584 83,955 4,814 10,224 16,775 Other electric revenues (b) 2,304 12,441 405 (1,706 ) 3,496 Revenues from contracts with customers 542,809 930,809 279,675 129,486 340,070 Other revenues (c) 3,003 5,884 2,569 1,397 404 Total electric revenues 545,812 936,693 282,244 130,883 340,474 Natural gas — 22,637 — 32,311 — Total operating revenues $545,812 $959,330 $282,244 $163,194 $340,474 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on the accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables, as shown below: Entergy Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 6.6 1.2 3.0 0.9 0.8 0.7 Write-offs (8.4 ) (1.8 ) (3.5 ) (1.2 ) (0.8 ) (1.1 ) Recoveries 2.9 0.9 1.1 0.3 0.2 0.5 Balance as of March 31, 2020 $8.5 $1.5 $2.5 $0.6 $3.4 $0.6 The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance. Although this balance has historically experienced minimal variation over time, management monitors the current condition of individual customer accounts to manage collections and ensure write-offs are recorded in a timely manner.
Entergy Mississippi [Member]
Revenue Recognition	REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $798,028 $802,539 Commercial 538,940 554,058 Industrial 557,515 601,000 Governmental 52,582 52,960 Total billed retail 1,947,065 2,010,557 Sales for resale (a) 53,725 84,435 Other electric revenues (b) 50,166 15,470 Revenues from contracts with customers 2,050,956 2,110,462 Other revenues (c) (318 ) 10,562 Total electric revenues 2,050,638 2,121,024 Natural gas 43,976 54,948 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 216,002 360,471 Other revenues (c) 116,563 73,141 Total competitive businesses revenues 332,565 433,612 Total operating revenues $2,427,179 $2,609,584 The Registrant Subsidiaries’ total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $219,688 $259,860 $127,102 $50,899 $140,480 Commercial 111,245 202,246 96,798 45,505 83,146 Industrial 101,088 322,342 36,390 7,347 90,348 Governmental 4,030 16,754 10,327 15,851 5,620 Total billed retail 436,051 801,202 270,617 119,602 319,594 Sales for resale (a) 41,140 78,530 14,422 10,170 8,629 Other electric revenues (b) 1,596 32,008 6,443 763 10,702 Revenues from contracts with customers 478,787 911,740 291,482 130,535 338,925 Other revenues (c) 3,125 801 2,440 (7,104 ) 411 Total electric revenues 481,912 912,541 293,922 123,431 339,336 Natural gas — 18,106 — 25,871 — Total operating revenues $481,912 $930,647 $293,922 $149,302 $339,336 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $209,867 $264,065 $128,809 $52,076 $147,722 Commercial 124,578 206,779 97,914 45,741 79,046 Industrial 121,577 346,678 37,697 7,250 87,798 Governmental 4,899 16,891 10,036 15,901 5,233 Total billed retail 460,921 834,413 274,456 120,968 319,799 Sales for resale (a) 79,584 83,955 4,814 10,224 16,775 Other electric revenues (b) 2,304 12,441 405 (1,706 ) 3,496 Revenues from contracts with customers 542,809 930,809 279,675 129,486 340,070 Other revenues (c) 3,003 5,884 2,569 1,397 404 Total electric revenues 545,812 936,693 282,244 130,883 340,474 Natural gas — 22,637 — 32,311 — Total operating revenues $545,812 $959,330 $282,244 $163,194 $340,474 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on the accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables, as shown below: Entergy Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 6.6 1.2 3.0 0.9 0.8 0.7 Write-offs (8.4 ) (1.8 ) (3.5 ) (1.2 ) (0.8 ) (1.1 ) Recoveries 2.9 0.9 1.1 0.3 0.2 0.5 Balance as of March 31, 2020 $8.5 $1.5 $2.5 $0.6 $3.4 $0.6 The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance. Although this balance has historically experienced minimal variation over time, management monitors the current condition of individual customer accounts to manage collections and ensure write-offs are recorded in a timely manner.
Entergy New Orleans [Member]
Revenue Recognition	REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $798,028 $802,539 Commercial 538,940 554,058 Industrial 557,515 601,000 Governmental 52,582 52,960 Total billed retail 1,947,065 2,010,557 Sales for resale (a) 53,725 84,435 Other electric revenues (b) 50,166 15,470 Revenues from contracts with customers 2,050,956 2,110,462 Other revenues (c) (318 ) 10,562 Total electric revenues 2,050,638 2,121,024 Natural gas 43,976 54,948 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 216,002 360,471 Other revenues (c) 116,563 73,141 Total competitive businesses revenues 332,565 433,612 Total operating revenues $2,427,179 $2,609,584 The Registrant Subsidiaries’ total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $219,688 $259,860 $127,102 $50,899 $140,480 Commercial 111,245 202,246 96,798 45,505 83,146 Industrial 101,088 322,342 36,390 7,347 90,348 Governmental 4,030 16,754 10,327 15,851 5,620 Total billed retail 436,051 801,202 270,617 119,602 319,594 Sales for resale (a) 41,140 78,530 14,422 10,170 8,629 Other electric revenues (b) 1,596 32,008 6,443 763 10,702 Revenues from contracts with customers 478,787 911,740 291,482 130,535 338,925 Other revenues (c) 3,125 801 2,440 (7,104 ) 411 Total electric revenues 481,912 912,541 293,922 123,431 339,336 Natural gas — 18,106 — 25,871 — Total operating revenues $481,912 $930,647 $293,922 $149,302 $339,336 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $209,867 $264,065 $128,809 $52,076 $147,722 Commercial 124,578 206,779 97,914 45,741 79,046 Industrial 121,577 346,678 37,697 7,250 87,798 Governmental 4,899 16,891 10,036 15,901 5,233 Total billed retail 460,921 834,413 274,456 120,968 319,799 Sales for resale (a) 79,584 83,955 4,814 10,224 16,775 Other electric revenues (b) 2,304 12,441 405 (1,706 ) 3,496 Revenues from contracts with customers 542,809 930,809 279,675 129,486 340,070 Other revenues (c) 3,003 5,884 2,569 1,397 404 Total electric revenues 545,812 936,693 282,244 130,883 340,474 Natural gas — 22,637 — 32,311 — Total operating revenues $545,812 $959,330 $282,244 $163,194 $340,474 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on the accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables, as shown below: Entergy Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 6.6 1.2 3.0 0.9 0.8 0.7 Write-offs (8.4 ) (1.8 ) (3.5 ) (1.2 ) (0.8 ) (1.1 ) Recoveries 2.9 0.9 1.1 0.3 0.2 0.5 Balance as of March 31, 2020 $8.5 $1.5 $2.5 $0.6 $3.4 $0.6 The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance. Although this balance has historically experienced minimal variation over time, management monitors the current condition of individual customer accounts to manage collections and ensure write-offs are recorded in a timely manner.
Entergy Texas [Member]
Revenue Recognition	REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $798,028 $802,539 Commercial 538,940 554,058 Industrial 557,515 601,000 Governmental 52,582 52,960 Total billed retail 1,947,065 2,010,557 Sales for resale (a) 53,725 84,435 Other electric revenues (b) 50,166 15,470 Revenues from contracts with customers 2,050,956 2,110,462 Other revenues (c) (318 ) 10,562 Total electric revenues 2,050,638 2,121,024 Natural gas 43,976 54,948 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 216,002 360,471 Other revenues (c) 116,563 73,141 Total competitive businesses revenues 332,565 433,612 Total operating revenues $2,427,179 $2,609,584 The Registrant Subsidiaries’ total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $219,688 $259,860 $127,102 $50,899 $140,480 Commercial 111,245 202,246 96,798 45,505 83,146 Industrial 101,088 322,342 36,390 7,347 90,348 Governmental 4,030 16,754 10,327 15,851 5,620 Total billed retail 436,051 801,202 270,617 119,602 319,594 Sales for resale (a) 41,140 78,530 14,422 10,170 8,629 Other electric revenues (b) 1,596 32,008 6,443 763 10,702 Revenues from contracts with customers 478,787 911,740 291,482 130,535 338,925 Other revenues (c) 3,125 801 2,440 (7,104 ) 411 Total electric revenues 481,912 912,541 293,922 123,431 339,336 Natural gas — 18,106 — 25,871 — Total operating revenues $481,912 $930,647 $293,922 $149,302 $339,336 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $209,867 $264,065 $128,809 $52,076 $147,722 Commercial 124,578 206,779 97,914 45,741 79,046 Industrial 121,577 346,678 37,697 7,250 87,798 Governmental 4,899 16,891 10,036 15,901 5,233 Total billed retail 460,921 834,413 274,456 120,968 319,799 Sales for resale (a) 79,584 83,955 4,814 10,224 16,775 Other electric revenues (b) 2,304 12,441 405 (1,706 ) 3,496 Revenues from contracts with customers 542,809 930,809 279,675 129,486 340,070 Other revenues (c) 3,003 5,884 2,569 1,397 404 Total electric revenues 545,812 936,693 282,244 130,883 340,474 Natural gas — 22,637 — 32,311 — Total operating revenues $545,812 $959,330 $282,244 $163,194 $340,474 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on the accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables, as shown below: Entergy Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 6.6 1.2 3.0 0.9 0.8 0.7 Write-offs (8.4 ) (1.8 ) (3.5 ) (1.2 ) (0.8 ) (1.1 ) Recoveries 2.9 0.9 1.1 0.3 0.2 0.5 Balance as of March 31, 2020 $8.5 $1.5 $2.5 $0.6 $3.4 $0.6
System Energy [Member]
Revenue Recognition	REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $798,028 $802,539 Commercial 538,940 554,058 Industrial 557,515 601,000 Governmental 52,582 52,960 Total billed retail 1,947,065 2,010,557 Sales for resale (a) 53,725 84,435 Other electric revenues (b) 50,166 15,470 Revenues from contracts with customers 2,050,956 2,110,462 Other revenues (c) (318 ) 10,562 Total electric revenues 2,050,638 2,121,024 Natural gas 43,976 54,948 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 216,002 360,471 Other revenues (c) 116,563 73,141 Total competitive businesses revenues 332,565 433,612 Total operating revenues $2,427,179 $2,609,584 The Registrant Subsidiaries’ total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $219,688 $259,860 $127,102 $50,899 $140,480 Commercial 111,245 202,246 96,798 45,505 83,146 Industrial 101,088 322,342 36,390 7,347 90,348 Governmental 4,030 16,754 10,327 15,851 5,620 Total billed retail 436,051 801,202 270,617 119,602 319,594 Sales for resale (a) 41,140 78,530 14,422 10,170 8,629 Other electric revenues (b) 1,596 32,008 6,443 763 10,702 Revenues from contracts with customers 478,787 911,740 291,482 130,535 338,925 Other revenues (c) 3,125 801 2,440 (7,104 ) 411 Total electric revenues 481,912 912,541 293,922 123,431 339,336 Natural gas — 18,106 — 25,871 — Total operating revenues $481,912 $930,647 $293,922 $149,302 $339,336 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $209,867 $264,065 $128,809 $52,076 $147,722 Commercial 124,578 206,779 97,914 45,741 79,046 Industrial 121,577 346,678 37,697 7,250 87,798 Governmental 4,899 16,891 10,036 15,901 5,233 Total billed retail 460,921 834,413 274,456 120,968 319,799 Sales for resale (a) 79,584 83,955 4,814 10,224 16,775 Other electric revenues (b) 2,304 12,441 405 (1,706 ) 3,496 Revenues from contracts with customers 542,809 930,809 279,675 129,486 340,070 Other revenues (c) 3,003 5,884 2,569 1,397 404 Total electric revenues 545,812 936,693 282,244 130,883 340,474 Natural gas — 22,637 — 32,311 — Total operating revenues $545,812 $959,330 $282,244 $163,194 $340,474 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on the accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables, as shown below: Entergy Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 6.6 1.2 3.0 0.9 0.8 0.7 Write-offs (8.4 ) (1.8 ) (3.5 ) (1.2 ) (0.8 ) (1.1 ) Recoveries 2.9 0.9 1.1 0.3 0.2 0.5 Balance as of March 31, 2020 $8.5 $1.5 $2.5 $0.6 $3.4 $0.6 The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance. Although this balance has historically experienced minimal variation over time, management monitors the current condition of individual customer accounts to manage collections and ensure write-offs are recorded in a timely manner.

Equity (Tables)

Equity (Tables)	3 Months Ended
Equity (Tables)	Mar. 31, 2020
Schedule Of Earnings Per Share Basic And Diluted	The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Three Months Ended March 31, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $118.7 199.8 $0.59 $254.5 189.6 $1.34 Average dilutive effect of: Stock options 0.7 — 0.4 — Other equity plans 0.4 — 0.5 (0.01 ) Equity forwards — — 1.7 (0.01 ) Diluted earnings per share $118.7 200.9 $0.59 $254.5 192.2 $1.32
Schedule of Accumulated Other Comprehensive Income (Loss)	Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2020 by component: Cash flow hedges net unrealized gain (loss) Pension and other postretirement liabilities Net unrealized investment gain (loss) Total Accumulated Other Comprehensive Income (Loss) (In Thousands) Beginning balance, December 31, 2019 $84,206 ($557,072 ) $25,946 ($446,920 ) Other comprehensive income (loss) before reclassifications 52,846 34,349 17,713 104,908 Amounts reclassified from accumulated other comprehensive income (loss) (74,556 ) 19,550 (1,969 ) (56,975 ) Net other comprehensive income (loss) for the period (21,710 ) 53,899 15,744 47,933 Ending balance, March 31, 2020 $62,496 ($503,173 ) $41,690 ($398,987 ) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2019 by component: Cash flow hedges net unrealized gain (loss) Pension and other postretirement liabilities Net unrealized investment gain (loss) Total Accumulated Other Comprehensive Income (Loss) (In Thousands) Ending balance, December 31, 2018 ($23,135 ) ($531,922 ) ($2,116 ) ($557,173 ) Implementation of accounting standards (7,685 ) — 879 (6,806 ) Beginning balance, January 1, 2019 ($30,820 ) ($531,922 ) ($1,237 ) ($563,979 ) Other comprehensive income (loss) before reclassifications 28,312 — 13,539 41,851 Amounts reclassified from accumulated other comprehensive income (loss) (40,738 ) 11,550 164 (29,024 ) Net other comprehensive income (loss) for the period (12,426 ) 11,550 13,703 12,827 Ending balance, March 31, 2019 ($43,246 ) ($520,372 ) $12,466 ($551,152 )
Reclassification out of Accumulated Other Comprehensive Income	Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended March 31, 2020 and 2019 were as follows: Amounts reclassified from AOCI Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $94,423 $51,615 Competitive business operating revenues Interest rate swaps (48 ) (48 ) Miscellaneous - net Total realized gain (loss) on cash flow hedges 94,375 51,567 Income taxes (19,819 ) (10,829 ) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $74,556 $40,738 Pension and other postretirement liabilities Amortization of prior-service credit $3,719 $5,326 (a) Amortization of loss (27,318 ) (18,988 ) (a) Settlement loss — (1,137 ) (a) Total amortization (23,599 ) (14,799 ) Income taxes 4,049 3,249 Income taxes Total amortization (net of tax) ($19,550 ) ($11,550 ) Net unrealized investment gain (loss) Realized gain (loss) $3,116 ($259 ) Interest and investment income Income taxes (1,147 ) 95 Income taxes Total realized investment gain (loss) (net of tax) $1,969 ($164 ) Total reclassifications for the period (net of tax) $56,975 $29,024 (a) These accumulated other comprehensive income (loss) components were 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)	The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended March 31, 2020 and 2019: Pension and Other 2020 2019 (In Thousands) Beginning balance, January 1, $4,562 ($6,153 ) Other comprehensive income (loss) before reclassifications 10,050 — Amounts reclassified from accumulated other (583 ) (969 ) Net other comprehensive income (loss) for the period 9,467 (969 ) Ending balance, March 31, $14,029 ($7,122 )
Reclassification out of Accumulated Other Comprehensive Income	Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended March 31, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,089 $1,838 (a) Amortization of loss (301 ) (527 ) (a) Total amortization 788 1,311 Income taxes (205 ) (342 ) Income taxes Total amortization (net of tax) 583 969 Total reclassifications for the period (net of tax) $583 $969 (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.

Revolving Credit Facilities, _2

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2020
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Following is a summary of the borrowings outstanding and capacity available under the facility as of March 31, 2020 . Capacity Borrowings Letters of Credit Capacity Available (In Millions) $3,500 $922 $6 $2,572
Credit Facilities	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2020 as follows: Company Expiration Date Amount of Facility Interest Rate (a) Amount Drawn as of March 31, 2020 Letters of Credit Outstanding as of March 31, 2020 Entergy Arkansas April 2021 $20 million (b) 2.11% $— $— Entergy Arkansas September 2024 $150 million (c) 2.11% $— $— Entergy Louisiana September 2024 $350 million (c) 2.11% $— $— Entergy Mississippi April 2021 $37.5 million (d) 2.49% $— $— Entergy Mississippi April 2021 $35 million (d) 2.49% $— $— Entergy Mississippi April 2021 $10 million (d) 2.49% $— $— Entergy New Orleans November 2021 $25 million (c) 2.26% $— $0.8 million Entergy Texas September 2024 $150 million (c) 2.49% $— $1.3 million (a) The interest rate is the estimated interest rate as of March 31, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2020 : Company Amount of Uncommitted Facility Letter of Credit Fee Letters of Credit Issued as of March 31, 2020 (a) Entergy Arkansas $25 million 0.70% $1 million Entergy Louisiana $125 million 0.70% $25.6 million Entergy Mississippi $64 million 0.70% $1.8 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.4 million (a) As of March 31, 2020 , letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. See Note 8 to the financial statements herein for discussion of financial transmission rights.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of March 31, 2020 : Company Expiration Date Amount of Facility Weighted Average Interest Rate on Borrowings (a) Amount Outstanding as of March 31, 2020 (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.59% $43.8 Entergy Louisiana River Bend VIE September 2021 $105 2.69% $58.4 Entergy Louisiana Waterford VIE September 2021 $105 2.69% $33.3 System Energy VIE September 2021 $120 2.59% $88.3 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Notes Payable By Variable Interest Entities	The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of March 31, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 3.38% Series R due August 2020 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Arkansas [Member]
Credit Facilities	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2020 as follows: Company Expiration Date Amount of Facility Interest Rate (a) Amount Drawn as of March 31, 2020 Letters of Credit Outstanding as of March 31, 2020 Entergy Arkansas April 2021 $20 million (b) 2.11% $— $— Entergy Arkansas September 2024 $150 million (c) 2.11% $— $— Entergy Louisiana September 2024 $350 million (c) 2.11% $— $— Entergy Mississippi April 2021 $37.5 million (d) 2.49% $— $— Entergy Mississippi April 2021 $35 million (d) 2.49% $— $— Entergy Mississippi April 2021 $10 million (d) 2.49% $— $— Entergy New Orleans November 2021 $25 million (c) 2.26% $— $0.8 million Entergy Texas September 2024 $150 million (c) 2.49% $— $1.3 million (a) The interest rate is the estimated interest rate as of March 31, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2020 : Company Amount of Uncommitted Facility Letter of Credit Fee Letters of Credit Issued as of March 31, 2020 (a) Entergy Arkansas $25 million 0.70% $1 million Entergy Louisiana $125 million 0.70% $25.6 million Entergy Mississippi $64 million 0.70% $1.8 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.4 million (a) As of March 31, 2020 , letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. See Note 8 to the financial statements herein for discussion of financial transmission rights.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of March 31, 2020 : Company Expiration Date Amount of Facility Weighted Average Interest Rate on Borrowings (a) Amount Outstanding as of March 31, 2020 (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.59% $43.8 Entergy Louisiana River Bend VIE September 2021 $105 2.69% $58.4 Entergy Louisiana Waterford VIE September 2021 $105 2.69% $33.3 System Energy VIE September 2021 $120 2.59% $88.3 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Notes Payable By Variable Interest Entities	The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of March 31, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 3.38% Series R due August 2020 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Louisiana [Member]
Credit Facilities	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2020 as follows: Company Expiration Date Amount of Facility Interest Rate (a) Amount Drawn as of March 31, 2020 Letters of Credit Outstanding as of March 31, 2020 Entergy Arkansas April 2021 $20 million (b) 2.11% $— $— Entergy Arkansas September 2024 $150 million (c) 2.11% $— $— Entergy Louisiana September 2024 $350 million (c) 2.11% $— $— Entergy Mississippi April 2021 $37.5 million (d) 2.49% $— $— Entergy Mississippi April 2021 $35 million (d) 2.49% $— $— Entergy Mississippi April 2021 $10 million (d) 2.49% $— $— Entergy New Orleans November 2021 $25 million (c) 2.26% $— $0.8 million Entergy Texas September 2024 $150 million (c) 2.49% $— $1.3 million (a) The interest rate is the estimated interest rate as of March 31, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2020 : Company Amount of Uncommitted Facility Letter of Credit Fee Letters of Credit Issued as of March 31, 2020 (a) Entergy Arkansas $25 million 0.70% $1 million Entergy Louisiana $125 million 0.70% $25.6 million Entergy Mississippi $64 million 0.70% $1.8 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.4 million (a) As of March 31, 2020 , letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. See Note 8 to the financial statements herein for discussion of financial transmission rights.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of March 31, 2020 : Company Expiration Date Amount of Facility Weighted Average Interest Rate on Borrowings (a) Amount Outstanding as of March 31, 2020 (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.59% $43.8 Entergy Louisiana River Bend VIE September 2021 $105 2.69% $58.4 Entergy Louisiana Waterford VIE September 2021 $105 2.69% $33.3 System Energy VIE September 2021 $120 2.59% $88.3 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Notes Payable By Variable Interest Entities	The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of March 31, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 3.38% Series R due August 2020 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Mississippi [Member]
Credit Facilities	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2020 as follows: Company Expiration Date Amount of Facility Interest Rate (a) Amount Drawn as of March 31, 2020 Letters of Credit Outstanding as of March 31, 2020 Entergy Arkansas April 2021 $20 million (b) 2.11% $— $— Entergy Arkansas September 2024 $150 million (c) 2.11% $— $— Entergy Louisiana September 2024 $350 million (c) 2.11% $— $— Entergy Mississippi April 2021 $37.5 million (d) 2.49% $— $— Entergy Mississippi April 2021 $35 million (d) 2.49% $— $— Entergy Mississippi April 2021 $10 million (d) 2.49% $— $— Entergy New Orleans November 2021 $25 million (c) 2.26% $— $0.8 million Entergy Texas September 2024 $150 million (c) 2.49% $— $1.3 million (a) The interest rate is the estimated interest rate as of March 31, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2020 : Company Amount of Uncommitted Facility Letter of Credit Fee Letters of Credit Issued as of March 31, 2020 (a) Entergy Arkansas $25 million 0.70% $1 million Entergy Louisiana $125 million 0.70% $25.6 million Entergy Mississippi $64 million 0.70% $1.8 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.4 million (a) As of March 31, 2020 , letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. See Note 8 to the financial statements herein for discussion of financial transmission rights.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy New Orleans [Member]
Credit Facilities	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2020 as follows: Company Expiration Date Amount of Facility Interest Rate (a) Amount Drawn as of March 31, 2020 Letters of Credit Outstanding as of March 31, 2020 Entergy Arkansas April 2021 $20 million (b) 2.11% $— $— Entergy Arkansas September 2024 $150 million (c) 2.11% $— $— Entergy Louisiana September 2024 $350 million (c) 2.11% $— $— Entergy Mississippi April 2021 $37.5 million (d) 2.49% $— $— Entergy Mississippi April 2021 $35 million (d) 2.49% $— $— Entergy Mississippi April 2021 $10 million (d) 2.49% $— $— Entergy New Orleans November 2021 $25 million (c) 2.26% $— $0.8 million Entergy Texas September 2024 $150 million (c) 2.49% $— $1.3 million (a) The interest rate is the estimated interest rate as of March 31, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2020 : Company Amount of Uncommitted Facility Letter of Credit Fee Letters of Credit Issued as of March 31, 2020 (a) Entergy Arkansas $25 million 0.70% $1 million Entergy Louisiana $125 million 0.70% $25.6 million Entergy Mississippi $64 million 0.70% $1.8 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.4 million (a) As of March 31, 2020 , letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. See Note 8 to the financial statements herein for discussion of financial transmission rights.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Texas [Member]
Credit Facilities	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2020 as follows: Company Expiration Date Amount of Facility Interest Rate (a) Amount Drawn as of March 31, 2020 Letters of Credit Outstanding as of March 31, 2020 Entergy Arkansas April 2021 $20 million (b) 2.11% $— $— Entergy Arkansas September 2024 $150 million (c) 2.11% $— $— Entergy Louisiana September 2024 $350 million (c) 2.11% $— $— Entergy Mississippi April 2021 $37.5 million (d) 2.49% $— $— Entergy Mississippi April 2021 $35 million (d) 2.49% $— $— Entergy Mississippi April 2021 $10 million (d) 2.49% $— $— Entergy New Orleans November 2021 $25 million (c) 2.26% $— $0.8 million Entergy Texas September 2024 $150 million (c) 2.49% $— $1.3 million (a) The interest rate is the estimated interest rate as of March 31, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2020 : Company Amount of Uncommitted Facility Letter of Credit Fee Letters of Credit Issued as of March 31, 2020 (a) Entergy Arkansas $25 million 0.70% $1 million Entergy Louisiana $125 million 0.70% $25.6 million Entergy Mississippi $64 million 0.70% $1.8 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.4 million (a) As of March 31, 2020 , letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. See Note 8 to the financial statements herein for discussion of financial transmission rights.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
System Energy [Member]
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of March 31, 2020 : Company Expiration Date Amount of Facility Weighted Average Interest Rate on Borrowings (a) Amount Outstanding as of March 31, 2020 (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.59% $43.8 Entergy Louisiana River Bend VIE September 2021 $105 2.69% $58.4 Entergy Louisiana Waterford VIE September 2021 $105 2.69% $33.3 System Energy VIE September 2021 $120 2.59% $88.3 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Notes Payable By Variable Interest Entities	The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of March 31, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 3.38% Series R due August 2020 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of March 31, 2020 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $19,458,543 $20,426,604 Entergy Arkansas $3,655,723 $3,831,058 Entergy Louisiana $7,923,381 $8,496,243 Entergy Mississippi $1,614,156 $1,692,495 Entergy New Orleans $680,188 $652,690 Entergy Texas $2,091,130 $2,239,980 System Energy $604,925 $615,747 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2019 were as follows: Book Value of Long-Term Debt Fair Value of Long-Term Debt (a) (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables) - Entergy Corporation [Member]	3 Months Ended
	Mar. 31, 2020
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Financial Information For Stock Options	The following table includes financial information for outstanding stock options for the three months ended March 31, 2020 and 2019 : 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $1.0 $1.0 Tax benefit recognized in Entergy’s net income $0.3 $0.2 Compensation cost capitalized as part of fixed assets and materials and supplies $0.4 $0.3
Financial Information For Restricted Stock	The following table includes financial information for other outstanding equity awards for the three months ended March 31, 2020 and 2019 : 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $9.4 $8.8 Tax benefit recognized in Entergy’s net income $2.4 $2.2 Compensation cost capitalized as part of fixed assets and materials and supplies $3.4 $2.9

Retirement And Other Postreti_2

Retirement And Other Postretirement Benefits (Tables)	3 Months Ended
Retirement And Other Postretirement Benefits (Tables)	Mar. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Reclassification out of Accumulated Other Comprehensive Income, amortization	Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,776 ($57 ) $3,719 Amortization of net loss (26,462 ) (25 ) (831 ) (27,318 ) ($26,462 ) $3,751 ($888 ) ($23,599 ) Entergy Louisiana Amortization of prior service credit $— $1,089 $— $1,089 Amortization of net gain (loss) (499 ) 199 (1 ) (301 ) ($499 ) $1,288 ($1 ) $788 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($49 ) $5,326 Amortization of net gain (loss) (18,735 ) 308 (561 ) (18,988 ) Settlement loss (1,137 ) — — (1,137 ) ($19,872 ) $5,683 ($610 ) ($14,799 ) Entergy Louisiana Amortization of prior service credit $— $1,838 $— $1,838 Amortization of net gain (loss) (699 ) 174 (2 ) (527 ) ($699 ) $2,012 ($2 ) $1,311
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,607 Interest cost on projected benefit obligation 60,799 73,941 Expected return on assets (103,565 ) (103,884 ) Amortization of net loss 87,259 58,418 Settlement charges — 1,137 Net pension costs $84,872 $63,219
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the first quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $5,801 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 7,932 11,975 Expected return on assets (10,328 ) (9,562 ) Amortization of prior service credit (5,922 ) (8,844 ) Amortization of net loss 468 358 Net other postretirement benefit cost (income) ($2,049 ) ($1,398 )
Entergy Arkansas [Member] \| Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $6,566 $8,794 $2,023 $663 $1,546 $1,965 Interest cost on projected benefit obligation 11,433 12,841 3,340 1,456 2,782 2,814 Expected return on assets (19,622 ) (22,402 ) (5,757 ) (2,627 ) (5,486 ) (4,663 ) Amortization of net loss 16,897 16,627 4,748 2,005 3,265 4,279 Net pension cost $15,274 $15,860 $4,354 $1,497 $2,107 $4,395 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $5,261 $7,284 $1,629 $569 $1,350 $1,550 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,874 3,613 3,364 Expected return on assets (20,176 ) (22,652 ) (5,968 ) (2,696 ) (5,862 ) (4,678 ) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,100 $12,157 $2,833 $1,276 $1,435 $3,086
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020 : Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Expected 2020 pension contributions $32,512 $38,766 $7,768 $3,248 $3,549 $10,544 Pension contributions made through March 2020 $10,120 $8,676 $2,560 $563 $453 $3,299 Remaining estimated pension contributions to be made in 2020 $22,392 $30,090 $5,208 $2,685 $3,096 $7,245
Entergy Arkansas [Member] \| Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $828 $1,423 $351 $105 $303 $294 Interest cost on APBO 1,217 1,723 422 227 582 307 Expected return on assets (4,326 ) — (1,307 ) (1,355 ) (2,435 ) (748 ) Amortization of prior service credit (661 ) (1,089 ) (321 ) (76 ) (550 ) (219 ) Amortization of net (gain) loss 55 (199 ) 29 (38 ) 212 20 Net other postretirement benefit cost (income) ($2,887 ) $1,858 ($826 ) ($1,137 ) ($1,888 ) ($346 ) 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991 ) — (1,199 ) (1,237 ) (2,276 ) (697 ) Amortization of prior service credit (1,238 ) (1,837 ) (439 ) (171 ) (561 ) (363 ) Amortization of net (gain) loss 144 (174 ) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687 ) $1,815 ($525 ) ($863 ) ($1,626 ) ($252 )
Entergy Arkansas [Member] \| Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2020 and 2019: Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $73 $43 $75 $5 $124
Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Reclassification out of Accumulated Other Comprehensive Income, amortization	Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the first quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,776 ($57 ) $3,719 Amortization of net loss (26,462 ) (25 ) (831 ) (27,318 ) ($26,462 ) $3,751 ($888 ) ($23,599 ) Entergy Louisiana Amortization of prior service credit $— $1,089 $— $1,089 Amortization of net gain (loss) (499 ) 199 (1 ) (301 ) ($499 ) $1,288 ($1 ) $788 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($49 ) $5,326 Amortization of net gain (loss) (18,735 ) 308 (561 ) (18,988 ) Settlement loss (1,137 ) — — (1,137 ) ($19,872 ) $5,683 ($610 ) ($14,799 ) Entergy Louisiana Amortization of prior service credit $— $1,838 $— $1,838 Amortization of net gain (loss) (699 ) 174 (2 ) (527 ) ($699 ) $2,012 ($2 ) $1,311
Entergy Louisiana [Member] \| Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $6,566 $8,794 $2,023 $663 $1,546 $1,965 Interest cost on projected benefit obligation 11,433 12,841 3,340 1,456 2,782 2,814 Expected return on assets (19,622 ) (22,402 ) (5,757 ) (2,627 ) (5,486 ) (4,663 ) Amortization of net loss 16,897 16,627 4,748 2,005 3,265 4,279 Net pension cost $15,274 $15,860 $4,354 $1,497 $2,107 $4,395 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $5,261 $7,284 $1,629 $569 $1,350 $1,550 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,874 3,613 3,364 Expected return on assets (20,176 ) (22,652 ) (5,968 ) (2,696 ) (5,862 ) (4,678 ) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,100 $12,157 $2,833 $1,276 $1,435 $3,086
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020 : Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Expected 2020 pension contributions $32,512 $38,766 $7,768 $3,248 $3,549 $10,544 Pension contributions made through March 2020 $10,120 $8,676 $2,560 $563 $453 $3,299 Remaining estimated pension contributions to be made in 2020 $22,392 $30,090 $5,208 $2,685 $3,096 $7,245
Entergy Louisiana [Member] \| Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $828 $1,423 $351 $105 $303 $294 Interest cost on APBO 1,217 1,723 422 227 582 307 Expected return on assets (4,326 ) — (1,307 ) (1,355 ) (2,435 ) (748 ) Amortization of prior service credit (661 ) (1,089 ) (321 ) (76 ) (550 ) (219 ) Amortization of net (gain) loss 55 (199 ) 29 (38 ) 212 20 Net other postretirement benefit cost (income) ($2,887 ) $1,858 ($826 ) ($1,137 ) ($1,888 ) ($346 ) 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991 ) — (1,199 ) (1,237 ) (2,276 ) (697 ) Amortization of prior service credit (1,238 ) (1,837 ) (439 ) (171 ) (561 ) (363 ) Amortization of net (gain) loss 144 (174 ) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687 ) $1,815 ($525 ) ($863 ) ($1,626 ) ($252 )
Entergy Louisiana [Member] \| Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2020 and 2019: Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $73 $43 $75 $5 $124
Entergy Mississippi [Member] \| Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $6,566 $8,794 $2,023 $663 $1,546 $1,965 Interest cost on projected benefit obligation 11,433 12,841 3,340 1,456 2,782 2,814 Expected return on assets (19,622 ) (22,402 ) (5,757 ) (2,627 ) (5,486 ) (4,663 ) Amortization of net loss 16,897 16,627 4,748 2,005 3,265 4,279 Net pension cost $15,274 $15,860 $4,354 $1,497 $2,107 $4,395 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $5,261 $7,284 $1,629 $569 $1,350 $1,550 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,874 3,613 3,364 Expected return on assets (20,176 ) (22,652 ) (5,968 ) (2,696 ) (5,862 ) (4,678 ) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,100 $12,157 $2,833 $1,276 $1,435 $3,086
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020 : Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Expected 2020 pension contributions $32,512 $38,766 $7,768 $3,248 $3,549 $10,544 Pension contributions made through March 2020 $10,120 $8,676 $2,560 $563 $453 $3,299 Remaining estimated pension contributions to be made in 2020 $22,392 $30,090 $5,208 $2,685 $3,096 $7,245
Entergy Mississippi [Member] \| Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $828 $1,423 $351 $105 $303 $294 Interest cost on APBO 1,217 1,723 422 227 582 307 Expected return on assets (4,326 ) — (1,307 ) (1,355 ) (2,435 ) (748 ) Amortization of prior service credit (661 ) (1,089 ) (321 ) (76 ) (550 ) (219 ) Amortization of net (gain) loss 55 (199 ) 29 (38 ) 212 20 Net other postretirement benefit cost (income) ($2,887 ) $1,858 ($826 ) ($1,137 ) ($1,888 ) ($346 ) 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991 ) — (1,199 ) (1,237 ) (2,276 ) (697 ) Amortization of prior service credit (1,238 ) (1,837 ) (439 ) (171 ) (561 ) (363 ) Amortization of net (gain) loss 144 (174 ) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687 ) $1,815 ($525 ) ($863 ) ($1,626 ) ($252 )
Entergy Mississippi [Member] \| Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2020 and 2019: Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $73 $43 $75 $5 $124
Entergy New Orleans [Member] \| Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $6,566 $8,794 $2,023 $663 $1,546 $1,965 Interest cost on projected benefit obligation 11,433 12,841 3,340 1,456 2,782 2,814 Expected return on assets (19,622 ) (22,402 ) (5,757 ) (2,627 ) (5,486 ) (4,663 ) Amortization of net loss 16,897 16,627 4,748 2,005 3,265 4,279 Net pension cost $15,274 $15,860 $4,354 $1,497 $2,107 $4,395 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $5,261 $7,284 $1,629 $569 $1,350 $1,550 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,874 3,613 3,364 Expected return on assets (20,176 ) (22,652 ) (5,968 ) (2,696 ) (5,862 ) (4,678 ) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,100 $12,157 $2,833 $1,276 $1,435 $3,086
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020 : Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Expected 2020 pension contributions $32,512 $38,766 $7,768 $3,248 $3,549 $10,544 Pension contributions made through March 2020 $10,120 $8,676 $2,560 $563 $453 $3,299 Remaining estimated pension contributions to be made in 2020 $22,392 $30,090 $5,208 $2,685 $3,096 $7,245
Entergy New Orleans [Member] \| Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $828 $1,423 $351 $105 $303 $294 Interest cost on APBO 1,217 1,723 422 227 582 307 Expected return on assets (4,326 ) — (1,307 ) (1,355 ) (2,435 ) (748 ) Amortization of prior service credit (661 ) (1,089 ) (321 ) (76 ) (550 ) (219 ) Amortization of net (gain) loss 55 (199 ) 29 (38 ) 212 20 Net other postretirement benefit cost (income) ($2,887 ) $1,858 ($826 ) ($1,137 ) ($1,888 ) ($346 ) 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991 ) — (1,199 ) (1,237 ) (2,276 ) (697 ) Amortization of prior service credit (1,238 ) (1,837 ) (439 ) (171 ) (561 ) (363 ) Amortization of net (gain) loss 144 (174 ) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687 ) $1,815 ($525 ) ($863 ) ($1,626 ) ($252 )
Entergy New Orleans [Member] \| Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2020 and 2019: Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $73 $43 $75 $5 $124
Entergy Texas [Member] \| Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $6,566 $8,794 $2,023 $663 $1,546 $1,965 Interest cost on projected benefit obligation 11,433 12,841 3,340 1,456 2,782 2,814 Expected return on assets (19,622 ) (22,402 ) (5,757 ) (2,627 ) (5,486 ) (4,663 ) Amortization of net loss 16,897 16,627 4,748 2,005 3,265 4,279 Net pension cost $15,274 $15,860 $4,354 $1,497 $2,107 $4,395 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $5,261 $7,284 $1,629 $569 $1,350 $1,550 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,874 3,613 3,364 Expected return on assets (20,176 ) (22,652 ) (5,968 ) (2,696 ) (5,862 ) (4,678 ) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,100 $12,157 $2,833 $1,276 $1,435 $3,086
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020 : Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Expected 2020 pension contributions $32,512 $38,766 $7,768 $3,248 $3,549 $10,544 Pension contributions made through March 2020 $10,120 $8,676 $2,560 $563 $453 $3,299 Remaining estimated pension contributions to be made in 2020 $22,392 $30,090 $5,208 $2,685 $3,096 $7,245
Entergy Texas [Member] \| Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $828 $1,423 $351 $105 $303 $294 Interest cost on APBO 1,217 1,723 422 227 582 307 Expected return on assets (4,326 ) — (1,307 ) (1,355 ) (2,435 ) (748 ) Amortization of prior service credit (661 ) (1,089 ) (321 ) (76 ) (550 ) (219 ) Amortization of net (gain) loss 55 (199 ) 29 (38 ) 212 20 Net other postretirement benefit cost (income) ($2,887 ) $1,858 ($826 ) ($1,137 ) ($1,888 ) ($346 ) 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991 ) — (1,199 ) (1,237 ) (2,276 ) (697 ) Amortization of prior service credit (1,238 ) (1,837 ) (439 ) (171 ) (561 ) (363 ) Amortization of net (gain) loss 144 (174 ) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687 ) $1,815 ($525 ) ($863 ) ($1,626 ) ($252 )
Entergy Texas [Member] \| Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the first quarters of 2020 and 2019: Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $73 $43 $75 $5 $124
System Energy [Member] \| Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $6,566 $8,794 $2,023 $663 $1,546 $1,965 Interest cost on projected benefit obligation 11,433 12,841 3,340 1,456 2,782 2,814 Expected return on assets (19,622 ) (22,402 ) (5,757 ) (2,627 ) (5,486 ) (4,663 ) Amortization of net loss 16,897 16,627 4,748 2,005 3,265 4,279 Net pension cost $15,274 $15,860 $4,354 $1,497 $2,107 $4,395 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $5,261 $7,284 $1,629 $569 $1,350 $1,550 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,874 3,613 3,364 Expected return on assets (20,176 ) (22,652 ) (5,968 ) (2,696 ) (5,862 ) (4,678 ) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,100 $12,157 $2,833 $1,276 $1,435 $3,086
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020 : Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Expected 2020 pension contributions $32,512 $38,766 $7,768 $3,248 $3,549 $10,544 Pension contributions made through March 2020 $10,120 $8,676 $2,560 $563 $453 $3,299 Remaining estimated pension contributions to be made in 2020 $22,392 $30,090 $5,208 $2,685 $3,096 $7,245
System Energy [Member] \| Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the first quarters of 2020 and 2019, included the following components: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $828 $1,423 $351 $105 $303 $294 Interest cost on APBO 1,217 1,723 422 227 582 307 Expected return on assets (4,326 ) — (1,307 ) (1,355 ) (2,435 ) (748 ) Amortization of prior service credit (661 ) (1,089 ) (321 ) (76 ) (550 ) (219 ) Amortization of net (gain) loss 55 (199 ) 29 (38 ) 212 20 Net other postretirement benefit cost (income) ($2,887 ) $1,858 ($826 ) ($1,137 ) ($1,888 ) ($346 ) 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas System Energy (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991 ) — (1,199 ) (1,237 ) (2,276 ) (697 ) Amortization of prior service credit (1,238 ) (1,837 ) (439 ) (171 ) (561 ) (363 ) Amortization of net (gain) loss 144 (174 ) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687 ) $1,815 ($525 ) ($863 ) ($1,626 ) ($252 )

Business Segment Information (T

Business Segment Information (Tables) - Entergy Corporation [Member]	3 Months Ended
	Mar. 31, 2020
Segment Financial Information	Entergy’s segment financial information for the first quarters of 2020 and 2019 was as follows: Utility Entergy Wholesale Commodities All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,094,629 $332,549 $11 ($10 ) $2,427,179 Income taxes ($52,949) ($30,540) $12,295 $— ($71,194) Consolidated net income (loss) $323,849 ($110,428 ) ($58,228 ) ($31,899 ) $123,294 Total assets as of March 31, 2020 $50,421,661 $3,921,539 $697,784 ($2,485,955 ) $52,555,029 2019 Operating revenues $2,175,982 $433,612 $— ($10 ) $2,609,584 Income taxes ($11,564 ) $65,908 ($11,573 ) $— $42,771 Consolidated net income (loss) $234,147 $97,079 ($40,682 ) ($31,898 ) $258,646 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733 ) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment.
Restructuring and Related Costs [Table Text Block]	Total restructuring charges for the first quarters of 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 21 — 21 34 — 34 Balance as of March 31, $150 $14 $164 $213 $14 $227 In addition, Entergy Wholesale Commodities incurred $5 million in the first quarter 2020 and $74 million in the first quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions.

Risk Management And Fair Valu_2

Risk Management And Fair Values (Tables)	3 Months Ended
Risk Management And Fair Values (Tables)	Mar. 31, 2020
Fair Values Of Derivative Instruments	The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $81 $— $81 Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $8 ($4) $4 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities $7 $— $7 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 Utility (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheet (d) Excludes cash collateral in the amount of $9 million posted as of March 31, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $95 million held as of March 31, 2020 and $98 million
Derivative Instruments Designated As Cash Flow Hedges On Consolidated Statements Of Income	The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Amount of gain (loss) recognized in other Income Statement location Amount of gain (loss) (In Millions) (In Millions) 2020 Electricity swaps and options $67 Competitive businesses operating revenues $94 2019 Electricity swaps and options $26 Competitive businesses operating revenues $52 (a) Before taxes of $20 million and $11 million for the three months ended March 31, 2020 and 2019, respectively
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $13 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $21 Electricity swaps and options (c) Competitive business operating revenues $5
Assets and liabilities at fair value on a recurring basis	The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2020 and December 31, 2019 . The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $1,180 $— $— $1,180 Decommissioning trust funds (a): Equity securities 745 — — 745 Debt securities (b) 1,151 1,893 — 3,044 Common trusts (c) 1,992 Power contracts — — 85 85 Securitization recovery trust account 47 — — 47 Escrow accounts 420 — — 420 Gas hedge contracts — 1 — 1 Financial transmission rights — — 4 4 $3,543 $1,894 $89 $7,518 Liabilities: Gas hedge contracts $7 $2 $— $9 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $391 $— $— $391 Decommissioning trust funds (a): Equity securities 905 — — 905 Debt securities 1,139 1,824 — 2,963 Common trusts (c) 2,536 Power contracts — — 118 118 Securitization recovery trust account 47 — — 47 Escrow accounts 459 — — 459 Gas hedge contracts — 1 — 1 Financial transmission rights — — 10 10 $2,941 $1,825 $128 $7,430 Liabilities: Gas hedge contracts $5 $2 $— $7 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) The decommissioning trust funds fair value presented herein does not include the recognition of a credit loss valuation allowance of $3 million on debt securities due to the adoption of ASU 2016-13. See Note 9 to the financial statements herein for additional information on the allowance for expected credit losses. (c) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2020 and 2019 : 2020 2019 Power Contracts Financial transmission rights Power Contracts Financial transmission rights (In Millions) Balance as of January 1, $118 $10 ($31 ) $15 Total gains (losses) for the period (a) Included in earnings (18 ) — 5 — Included in other comprehensive income 67 — 26 — Included as a regulatory liability/asset — 7 — 11 Settlements (82 ) (13 ) (46 ) (21 ) Balance as of March 31, $85 $4 ($46 ) $5 (a) Change in unrealized gains or losses for the period included in earnings for derivatives held at the end of the reporting period was $1 million for the three months ended March 31, 2020 and ($4.9) million for the three months ended March 31, 2019.
Fair Value Inputs Liabilities Quantitative Information	The following table sets forth a description of the types of transactions classified as Level 3 in the fair value hierarchy and significant unobservable inputs to each which cause that classification as of March 31, 2020 : Transaction Type Fair Value Significant Unobservable Inputs Range from Average % Effect on Fair Value (In Millions) (In Millions) Power contracts - electricity swaps $85 Unit contingent discount +/- 4.75% $9
Entergy Arkansas [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $0.2 $— $0.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Arkansas Financial transmission rights Prepayments and other $2.0 ($0.1) $1.9 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.5 $— $2.5 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Other current liabilities $4.4 $— $4.4 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of March 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.3) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.4) (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.1) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.4 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $8.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.1 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.9 (b) Entergy New Orleans Financial transmission rights Purchased power expense $0.3 (b) Entergy Texas
Assets and liabilities at fair value on a recurring basis	Entergy Arkansas 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $136.9 $— $— $136.9 Decommissioning trust funds (a): Equity securities 14.4 — — 14.4 Debt securities 107.2 310.6 — 417.8 Common trusts (b) 541.8 Securitization recovery trust account 7.5 — — 7.5 Financial transmission rights — — 1.1 1.1 $266.0 $310.6 $1.1 $1,119.5 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets: Decommissioning trust funds (a): Equity securities $0.6 $— $— $0.6 Debt securities 108.7 304.1 — 412.8 Common trusts (b) 687.9 Securitization recovery trust account 4.0 — — 4.0 Financial transmission rights — — 3.3 3.3 $113.3 $304.1 $3.3 $1,108.6
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2020 . Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Gains (losses) included as a regulatory liability/asset 2.4 2.7 (0.6 ) 0.1 1.8 Settlements (4.6 ) (5.3 ) 0.1 (0.4 ) (2.4 ) Balance as of March 31, $1.1 $1.9 $0.3 $— $0.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2019 . Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5 ) Gains (losses) included as a regulatory liability/asset 6.1 3.3 (0.4 ) 1.1 0.5 Settlements (8.4 ) (8.8 ) (1.1 ) (1.9 ) (0.3 ) Balance as of March 31, $1.1 $2.8 $0.7 $0.5 ($0.3 )
Entergy Louisiana [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $0.2 $— $0.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Arkansas Financial transmission rights Prepayments and other $2.0 ($0.1) $1.9 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.5 $— $2.5 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Other current liabilities $4.4 $— $4.4 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of March 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.3) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.4) (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.1) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.4 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $8.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.1 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.9 (b) Entergy New Orleans Financial transmission rights Purchased power expense $0.3 (b) Entergy Texas
Assets and liabilities at fair value on a recurring basis	Entergy Louisiana 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $465.2 $— $— $465.2 Decommissioning trust funds (a): Equity securities 15.7 — — 15.7 Debt securities 171.1 431.9 — 603.0 Common trusts (b) 759.2 Escrow accounts 256.4 — — 256.4 Securitization recovery trust account 9.0 — — 9.0 Gas hedge contracts 0.2 0.9 — 1.1 Financial transmission rights — — 1.9 1.9 $917.6 $432.8 $1.9 $2,111.5 Liabilities: Gas hedge contracts $2.5 $2.3 $— $4.8 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $1.5 $— $— $1.5 Decommissioning trust funds (a): Equity securities 4.3 — — 4.3 Debt securities 180.8 420.7 — 601.5 Common trusts (b) 958.0 Escrow accounts 295.9 — — 295.9 Securitization recovery trust account 3.7 — — 3.7 Gas hedge contracts — 0.8 — 0.8 Financial transmission rights — — 4.5 4.5 $486.2 $421.5 $4.5 $1,870.2 Liabilities: Gas hedge contracts $2.4 $2.2 $— $4.6
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2020 . Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Gains (losses) included as a regulatory liability/asset 2.4 2.7 (0.6 ) 0.1 1.8 Settlements (4.6 ) (5.3 ) 0.1 (0.4 ) (2.4 ) Balance as of March 31, $1.1 $1.9 $0.3 $— $0.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2019 . Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5 ) Gains (losses) included as a regulatory liability/asset 6.1 3.3 (0.4 ) 1.1 0.5 Settlements (8.4 ) (8.8 ) (1.1 ) (1.9 ) (0.3 ) Balance as of March 31, $1.1 $2.8 $0.7 $0.5 ($0.3 )
Entergy Mississippi [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $0.2 $— $0.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Arkansas Financial transmission rights Prepayments and other $2.0 ($0.1) $1.9 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.5 $— $2.5 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Other current liabilities $4.4 $— $4.4 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of March 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.3) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.4) (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.1) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.4 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $8.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.1 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.9 (b) Entergy New Orleans Financial transmission rights Purchased power expense $0.3 (b) Entergy Texas
Assets and liabilities at fair value on a recurring basis	Entergy Mississippi 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Escrow accounts $80.3 $— $— $80.3 Financial transmission rights — — 0.3 0.3 $80.3 $— $0.3 $80.6 Liabilities: Gas hedge contracts $4.4 $— $— $4.4 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $51.6 $— $— $51.6 Escrow accounts 80.2 — — 80.2 Financial transmission rights — — 0.8 0.8 $131.8 $— $0.8 $132.6 Liabilities: Gas hedge contracts $2.3 $— $— $2.3
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2020 . Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Gains (losses) included as a regulatory liability/asset 2.4 2.7 (0.6 ) 0.1 1.8 Settlements (4.6 ) (5.3 ) 0.1 (0.4 ) (2.4 ) Balance as of March 31, $1.1 $1.9 $0.3 $— $0.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2019 . Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5 ) Gains (losses) included as a regulatory liability/asset 6.1 3.3 (0.4 ) 1.1 0.5 Settlements (8.4 ) (8.8 ) (1.1 ) (1.9 ) (0.3 ) Balance as of March 31, $1.1 $2.8 $0.7 $0.5 ($0.3 )
Entergy New Orleans [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $0.2 $— $0.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Arkansas Financial transmission rights Prepayments and other $2.0 ($0.1) $1.9 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.5 $— $2.5 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Other current liabilities $4.4 $— $4.4 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of March 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.3) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.4) (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.1) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.4 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $8.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.1 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.9 (b) Entergy New Orleans Financial transmission rights Purchased power expense $0.3 (b) Entergy Texas
Assets and liabilities at fair value on a recurring basis	Entergy New Orleans 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $72.3 $— $— $72.3 Securitization recovery trust account 4.9 — — 4.9 Escrow accounts 82.9 — — 82.9 $160.1 $— $— $160.1 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $6.0 $— $— $6.0 Securitization recovery trust account 2.0 — — 2.0 Escrow accounts 82.6 — — 82.6 Financial transmission rights — — 0.3 0.3 $90.6 $— $0.3 $90.9 Liabilities: Gas hedge contracts $0.2 $— $— $0.2
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2020 . Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Gains (losses) included as a regulatory liability/asset 2.4 2.7 (0.6 ) 0.1 1.8 Settlements (4.6 ) (5.3 ) 0.1 (0.4 ) (2.4 ) Balance as of March 31, $1.1 $1.9 $0.3 $— $0.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2019 . Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5 ) Gains (losses) included as a regulatory liability/asset 6.1 3.3 (0.4 ) 1.1 0.5 Settlements (8.4 ) (8.8 ) (1.1 ) (1.9 ) (0.3 ) Balance as of March 31, $1.1 $2.8 $0.7 $0.5 ($0.3 )
Entergy Texas [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of March 31, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $0.2 $— $0.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Arkansas Financial transmission rights Prepayments and other $2.0 ($0.1) $1.9 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.5 $— $2.5 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Other current liabilities $4.4 $— $4.4 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of March 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended March 31, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.3) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.4) (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.1) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.4 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $8.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.1 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.9 (b) Entergy New Orleans Financial transmission rights Purchased power expense $0.3 (b) Entergy Texas
Assets and liabilities at fair value on a recurring basis	Entergy Texas 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $159.7 $— $— $159.7 Securitization recovery trust account 26.1 — — 26.1 Financial transmission rights — — 0.3 0.3 $185.8 $— $0.3 $186.1 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $12.9 $— $— $12.9 Securitization recovery trust account 37.7 — — 37.7 Financial transmission rights — — 0.9 0.9 $50.6 $— $0.9 $51.5
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2020 . Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Gains (losses) included as a regulatory liability/asset 2.4 2.7 (0.6 ) 0.1 1.8 Settlements (4.6 ) (5.3 ) 0.1 (0.4 ) (2.4 ) Balance as of March 31, $1.1 $1.9 $0.3 $— $0.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2019 . Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5 ) Gains (losses) included as a regulatory liability/asset 6.1 3.3 (0.4 ) 1.1 0.5 Settlements (8.4 ) (8.8 ) (1.1 ) (1.9 ) (0.3 ) Balance as of March 31, $1.1 $2.8 $0.7 $0.5 ($0.3 )
System Energy [Member]
Assets and liabilities at fair value on a recurring basis	System Energy 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $92.3 $— $— $92.3 Decommissioning trust funds (a): Equity securities 4.9 — — 4.9 Debt Securities 185.1 222.9 — 408.0 Common trusts (b) 515.5 $282.3 $222.9 $— $1,020.7 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $68.4 $— $— $68.4 Decommissioning trust funds (a): Equity securities 13.3 — — 13.3 Debt securities 176.3 209.9 — 386.2 Common trusts (b) 654.6 $258.0 $209.9 $— $1,122.5

Decommissioning Trust Funds (Ta

Decommissioning Trust Funds (Tables)	3 Months Ended
Decommissioning Trust Funds (Tables)	Mar. 31, 2020
Securities Held	The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities (a) $2,523 $158 $16 2019 Debt Securities (a) $2,456 $96 $6 (a) Debt securities presented herein do not include the $521 million and $507 million of debt securities held in the wholly-owned registered investment company as of March 31, 2020 and December 31, 2019 , respectively, which are not accounted for as available-for-sale.
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $411 $16 $404 $5 More than 12 months 5 — 38 1 Total $416 $16 $442 $6
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $84 $128 1 year - 5 years 798 807 5 years - 10 years 686 666 10 years - 15 years 226 125 15 years - 20 years 129 126 20 years+ 600 604 Total $2,523 $2,456
Entergy Arkansas [Member]
Securities Held	The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $417.8 $20.4 $1.4 2019 Debt Securities $412.8 $9.9 $2.6
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $60.2 $1.4 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $60.2 $1.4 $112.5 $2.6
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $34.4 $44.1 1 year - 5 years 108.2 109.1 5 years - 10 years 163.0 156.0 10 years - 15 years 43.8 31.3 15 years - 20 years 27.7 23.8 20 years+ 40.7 48.5 Total $417.8 $412.8
Entergy Louisiana [Member]
Securities Held	The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $603.0 $38.5 $3.9 2019 Debt Securities $601.5 $29.3 $0.8
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $95.2 $3.9 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $96.0 $3.9 $79.1 $0.8
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $10.4 $40.7 1 year - 5 years 143.3 142.0 5 years - 10 years 133.8 132.4 10 years - 15 years 62.2 39.8 15 years - 20 years 54.6 49.2 20 years+ 198.7 197.4 Total $603.0 $601.5
System Energy [Member]
Securities Held	The available-for-sale securities held as of March 31, 2020 and December 31, 2019 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions) 2020 Debt Securities $408.0 $26.9 $2.7 2019 Debt Securities $386.2 $15.1 $0.3
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2020 and December 31, 2019 : March 31, 2020 December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (In Millions) Less than 12 months $52.3 $2.7 $56.9 $0.3 More than 12 months — — 0.3 — Total $52.3 $2.7 $57.2 $0.3
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $17.4 $8.5 1 year - 5 years 163.9 154.6 5 years - 10 years 96.0 92.3 10 years - 15 years 20.8 13.4 15 years - 20 years 6.7 14.4 20 years+ 103.2 103.0 Total $408.0 $386.2

Income Taxes Income Taxes (Tabl

Income Taxes Income Taxes (Tables)	3 Months Ended
Income Taxes Income Taxes (Tables)	Mar. 31, 2020
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Ended March 31, 2020 2019 (In Millions) Entergy $30 $61 Entergy Arkansas $13 $32 Entergy Louisiana $8 $7 Entergy New Orleans $3 $— Entergy Texas $6 $22
Entergy Arkansas [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Ended March 31, 2020 2019 (In Millions) Entergy $30 $61 Entergy Arkansas $13 $32 Entergy Louisiana $8 $7 Entergy New Orleans $3 $— Entergy Texas $6 $22
Entergy Louisiana [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Ended March 31, 2020 2019 (In Millions) Entergy $30 $61 Entergy Arkansas $13 $32 Entergy Louisiana $8 $7 Entergy New Orleans $3 $— Entergy Texas $6 $22
Entergy New Orleans [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Ended March 31, 2020 2019 (In Millions) Entergy $30 $61 Entergy Arkansas $13 $32 Entergy Louisiana $8 $7 Entergy New Orleans $3 $— Entergy Texas $6 $22
Entergy Texas [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Ended March 31, 2020 2019 (In Millions) Entergy $30 $61 Entergy Arkansas $13 $32 Entergy Louisiana $8 $7 Entergy New Orleans $3 $— Entergy Texas $6 $22

Revenue Recognition Revenue Rec

Revenue Recognition Revenue Recognition (Tables)	3 Months Ended
Revenue Recognition Revenue Recognition (Tables)	Mar. 31, 2020
Disaggregation of Revenue [Table Text Block]	Entergy’s total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $798,028 $802,539 Commercial 538,940 554,058 Industrial 557,515 601,000 Governmental 52,582 52,960 Total billed retail 1,947,065 2,010,557 Sales for resale (a) 53,725 84,435 Other electric revenues (b) 50,166 15,470 Revenues from contracts with customers 2,050,956 2,110,462 Other revenues (c) (318 ) 10,562 Total electric revenues 2,050,638 2,121,024 Natural gas 43,976 54,948 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 216,002 360,471 Other revenues (c) 116,563 73,141 Total competitive businesses revenues 332,565 433,612 Total operating revenues $2,427,179 $2,609,584
Allowance for Doubtful Accounts [Table Text Block]	Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables, as shown below: Entergy Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 6.6 1.2 3.0 0.9 0.8 0.7 Write-offs (8.4 ) (1.8 ) (3.5 ) (1.2 ) (0.8 ) (1.1 ) Recoveries 2.9 0.9 1.1 0.3 0.2 0.5 Balance as of March 31, 2020 $8.5 $1.5 $2.5 $0.6 $3.4 $0.6
Entergy Arkansas [Member]
Disaggregation of Revenue [Table Text Block]	The Registrant Subsidiaries’ total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $219,688 $259,860 $127,102 $50,899 $140,480 Commercial 111,245 202,246 96,798 45,505 83,146 Industrial 101,088 322,342 36,390 7,347 90,348 Governmental 4,030 16,754 10,327 15,851 5,620 Total billed retail 436,051 801,202 270,617 119,602 319,594 Sales for resale (a) 41,140 78,530 14,422 10,170 8,629 Other electric revenues (b) 1,596 32,008 6,443 763 10,702 Revenues from contracts with customers 478,787 911,740 291,482 130,535 338,925 Other revenues (c) 3,125 801 2,440 (7,104 ) 411 Total electric revenues 481,912 912,541 293,922 123,431 339,336 Natural gas — 18,106 — 25,871 — Total operating revenues $481,912 $930,647 $293,922 $149,302 $339,336 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $209,867 $264,065 $128,809 $52,076 $147,722 Commercial 124,578 206,779 97,914 45,741 79,046 Industrial 121,577 346,678 37,697 7,250 87,798 Governmental 4,899 16,891 10,036 15,901 5,233 Total billed retail 460,921 834,413 274,456 120,968 319,799 Sales for resale (a) 79,584 83,955 4,814 10,224 16,775 Other electric revenues (b) 2,304 12,441 405 (1,706 ) 3,496 Revenues from contracts with customers 542,809 930,809 279,675 129,486 340,070 Other revenues (c) 3,003 5,884 2,569 1,397 404 Total electric revenues 545,812 936,693 282,244 130,883 340,474 Natural gas — 22,637 — 32,311 — Total operating revenues $545,812 $959,330 $282,244 $163,194 $340,474 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
Allowance for Doubtful Accounts [Table Text Block]	Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables, as shown below: Entergy Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 6.6 1.2 3.0 0.9 0.8 0.7 Write-offs (8.4 ) (1.8 ) (3.5 ) (1.2 ) (0.8 ) (1.1 ) Recoveries 2.9 0.9 1.1 0.3 0.2 0.5 Balance as of March 31, 2020 $8.5 $1.5 $2.5 $0.6 $3.4 $0.6
Entergy Louisiana [Member]
Disaggregation of Revenue [Table Text Block]	The Registrant Subsidiaries’ total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $219,688 $259,860 $127,102 $50,899 $140,480 Commercial 111,245 202,246 96,798 45,505 83,146 Industrial 101,088 322,342 36,390 7,347 90,348 Governmental 4,030 16,754 10,327 15,851 5,620 Total billed retail 436,051 801,202 270,617 119,602 319,594 Sales for resale (a) 41,140 78,530 14,422 10,170 8,629 Other electric revenues (b) 1,596 32,008 6,443 763 10,702 Revenues from contracts with customers 478,787 911,740 291,482 130,535 338,925 Other revenues (c) 3,125 801 2,440 (7,104 ) 411 Total electric revenues 481,912 912,541 293,922 123,431 339,336 Natural gas — 18,106 — 25,871 — Total operating revenues $481,912 $930,647 $293,922 $149,302 $339,336 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $209,867 $264,065 $128,809 $52,076 $147,722 Commercial 124,578 206,779 97,914 45,741 79,046 Industrial 121,577 346,678 37,697 7,250 87,798 Governmental 4,899 16,891 10,036 15,901 5,233 Total billed retail 460,921 834,413 274,456 120,968 319,799 Sales for resale (a) 79,584 83,955 4,814 10,224 16,775 Other electric revenues (b) 2,304 12,441 405 (1,706 ) 3,496 Revenues from contracts with customers 542,809 930,809 279,675 129,486 340,070 Other revenues (c) 3,003 5,884 2,569 1,397 404 Total electric revenues 545,812 936,693 282,244 130,883 340,474 Natural gas — 22,637 — 32,311 — Total operating revenues $545,812 $959,330 $282,244 $163,194 $340,474 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
Allowance for Doubtful Accounts [Table Text Block]	Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables, as shown below: Entergy Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 6.6 1.2 3.0 0.9 0.8 0.7 Write-offs (8.4 ) (1.8 ) (3.5 ) (1.2 ) (0.8 ) (1.1 ) Recoveries 2.9 0.9 1.1 0.3 0.2 0.5 Balance as of March 31, 2020 $8.5 $1.5 $2.5 $0.6 $3.4 $0.6
Entergy Mississippi [Member]
Disaggregation of Revenue [Table Text Block]	The Registrant Subsidiaries’ total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $219,688 $259,860 $127,102 $50,899 $140,480 Commercial 111,245 202,246 96,798 45,505 83,146 Industrial 101,088 322,342 36,390 7,347 90,348 Governmental 4,030 16,754 10,327 15,851 5,620 Total billed retail 436,051 801,202 270,617 119,602 319,594 Sales for resale (a) 41,140 78,530 14,422 10,170 8,629 Other electric revenues (b) 1,596 32,008 6,443 763 10,702 Revenues from contracts with customers 478,787 911,740 291,482 130,535 338,925 Other revenues (c) 3,125 801 2,440 (7,104 ) 411 Total electric revenues 481,912 912,541 293,922 123,431 339,336 Natural gas — 18,106 — 25,871 — Total operating revenues $481,912 $930,647 $293,922 $149,302 $339,336 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $209,867 $264,065 $128,809 $52,076 $147,722 Commercial 124,578 206,779 97,914 45,741 79,046 Industrial 121,577 346,678 37,697 7,250 87,798 Governmental 4,899 16,891 10,036 15,901 5,233 Total billed retail 460,921 834,413 274,456 120,968 319,799 Sales for resale (a) 79,584 83,955 4,814 10,224 16,775 Other electric revenues (b) 2,304 12,441 405 (1,706 ) 3,496 Revenues from contracts with customers 542,809 930,809 279,675 129,486 340,070 Other revenues (c) 3,003 5,884 2,569 1,397 404 Total electric revenues 545,812 936,693 282,244 130,883 340,474 Natural gas — 22,637 — 32,311 — Total operating revenues $545,812 $959,330 $282,244 $163,194 $340,474 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
Allowance for Doubtful Accounts [Table Text Block]	Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables, as shown below: Entergy Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 6.6 1.2 3.0 0.9 0.8 0.7 Write-offs (8.4 ) (1.8 ) (3.5 ) (1.2 ) (0.8 ) (1.1 ) Recoveries 2.9 0.9 1.1 0.3 0.2 0.5 Balance as of March 31, 2020 $8.5 $1.5 $2.5 $0.6 $3.4 $0.6
Entergy New Orleans [Member]
Disaggregation of Revenue [Table Text Block]	The Registrant Subsidiaries’ total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $219,688 $259,860 $127,102 $50,899 $140,480 Commercial 111,245 202,246 96,798 45,505 83,146 Industrial 101,088 322,342 36,390 7,347 90,348 Governmental 4,030 16,754 10,327 15,851 5,620 Total billed retail 436,051 801,202 270,617 119,602 319,594 Sales for resale (a) 41,140 78,530 14,422 10,170 8,629 Other electric revenues (b) 1,596 32,008 6,443 763 10,702 Revenues from contracts with customers 478,787 911,740 291,482 130,535 338,925 Other revenues (c) 3,125 801 2,440 (7,104 ) 411 Total electric revenues 481,912 912,541 293,922 123,431 339,336 Natural gas — 18,106 — 25,871 — Total operating revenues $481,912 $930,647 $293,922 $149,302 $339,336 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $209,867 $264,065 $128,809 $52,076 $147,722 Commercial 124,578 206,779 97,914 45,741 79,046 Industrial 121,577 346,678 37,697 7,250 87,798 Governmental 4,899 16,891 10,036 15,901 5,233 Total billed retail 460,921 834,413 274,456 120,968 319,799 Sales for resale (a) 79,584 83,955 4,814 10,224 16,775 Other electric revenues (b) 2,304 12,441 405 (1,706 ) 3,496 Revenues from contracts with customers 542,809 930,809 279,675 129,486 340,070 Other revenues (c) 3,003 5,884 2,569 1,397 404 Total electric revenues 545,812 936,693 282,244 130,883 340,474 Natural gas — 22,637 — 32,311 — Total operating revenues $545,812 $959,330 $282,244 $163,194 $340,474 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
Allowance for Doubtful Accounts [Table Text Block]	Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables, as shown below: Entergy Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 6.6 1.2 3.0 0.9 0.8 0.7 Write-offs (8.4 ) (1.8 ) (3.5 ) (1.2 ) (0.8 ) (1.1 ) Recoveries 2.9 0.9 1.1 0.3 0.2 0.5 Balance as of March 31, 2020 $8.5 $1.5 $2.5 $0.6 $3.4 $0.6
Entergy Texas [Member]
Disaggregation of Revenue [Table Text Block]	The Registrant Subsidiaries’ total revenues for the three months ended March 31, 2020 and 2019 were as follows: 2020 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $219,688 $259,860 $127,102 $50,899 $140,480 Commercial 111,245 202,246 96,798 45,505 83,146 Industrial 101,088 322,342 36,390 7,347 90,348 Governmental 4,030 16,754 10,327 15,851 5,620 Total billed retail 436,051 801,202 270,617 119,602 319,594 Sales for resale (a) 41,140 78,530 14,422 10,170 8,629 Other electric revenues (b) 1,596 32,008 6,443 763 10,702 Revenues from contracts with customers 478,787 911,740 291,482 130,535 338,925 Other revenues (c) 3,125 801 2,440 (7,104 ) 411 Total electric revenues 481,912 912,541 293,922 123,431 339,336 Natural gas — 18,106 — 25,871 — Total operating revenues $481,912 $930,647 $293,922 $149,302 $339,336 2019 Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Thousands) Residential $209,867 $264,065 $128,809 $52,076 $147,722 Commercial 124,578 206,779 97,914 45,741 79,046 Industrial 121,577 346,678 37,697 7,250 87,798 Governmental 4,899 16,891 10,036 15,901 5,233 Total billed retail 460,921 834,413 274,456 120,968 319,799 Sales for resale (a) 79,584 83,955 4,814 10,224 16,775 Other electric revenues (b) 2,304 12,441 405 (1,706 ) 3,496 Revenues from contracts with customers 542,809 930,809 279,675 129,486 340,070 Other revenues (c) 3,003 5,884 2,569 1,397 404 Total electric revenues 545,812 936,693 282,244 130,883 340,474 Natural gas — 22,637 — 32,311 — Total operating revenues $545,812 $959,330 $282,244 $163,194 $340,474 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
Allowance for Doubtful Accounts [Table Text Block]	Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables, as shown below: Entergy Entergy Arkansas Entergy Louisiana Entergy Mississippi Entergy New Orleans Entergy Texas (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 6.6 1.2 3.0 0.9 0.8 0.7 Write-offs (8.4 ) (1.8 ) (3.5 ) (1.2 ) (0.8 ) (1.1 ) Recoveries 2.9 0.9 1.1 0.3 0.2 0.5 Balance as of March 31, 2020 $8.5 $1.5 $2.5 $0.6 $3.4 $0.6

Commitments and Contingencies C

Commitments and Contingencies Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Loss Contingencies [Line Items]
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	$ 62,162	$ 0

Rate And Regulatory Matters (Na

Rate And Regulatory Matters (Narrative) (Details) - USD ($)

1 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

15 Months Ended

36 Months Ended

Apr. 30, 2020

Mar. 31, 2020

Feb. 29, 2020

Aug. 31, 2019

Mar. 31, 2020

Mar. 31, 2019

Dec. 31, 2020

Mar. 31, 2021

Dec. 31, 2020

Mar. 31, 2020

Dec. 31, 2019

Jul. 27, 2019

Apr. 23, 2018

Mar. 31, 2019

Oct. 31, 2019

Sep. 30, 2019

Regulatory Assets [Line Items]

Impairment of Long-Lived Assets Held-for-use

$ 4,962,000

$ 25,462,000

Entergy Louisiana [Member] | Subsequent Event [Member]

Regulatory Assets [Line Items]

Projected Increase in Revenue Requirement

$ 108,000,000

Entergy Mississippi [Member]

Regulatory Assets [Line Items]

Public Utilities, Requested Rate Increase (Decrease), Amount

$ 7,300,000

Entergy Mississippi [Member] | Subsequent Event [Member]

Regulatory Assets [Line Items]

Public Utilities, Requested Return on Equity, Percentage

6.51%

Public Utilities, Requested Rate Increase (Decrease), Amount

$ 24,600,000

Public Utilities Temporary Rate Increase Amount

$ 24,300,000

Cap on 2019 retail revenues

2.00%

Entergy New Orleans [Member]

Regulatory Assets [Line Items]

Public Utilities, Requested Rate Increase (Decrease), Amount

$ 45,000,000

Entergy Texas [Member]

Regulatory Assets [Line Items]

Jurisdictional eligible fuel and purchased power expenses, net of credits

$ 1,600,000,000

Fuel and purchased power under-recovery balance including interest

$ 25,800,000

Replacement power costs associated with generation outages

2,000,000

Costs associated with the operation of the Spindletop natural gas storage facility

$ 24,400,000

Entergy Arkansas [Member]

Regulatory Assets [Line Items]

Energy Cost Recovery Rider Rate Per kWh

$ 0.01462

Entergy Arkansas [Member] | Subsequent Event [Member]

Regulatory Assets [Line Items]

Energy Cost Recovery Rider Rate Per kWh

$ 0.01052

System Energy [Member]

Regulatory Assets [Line Items]

Requested return on equity based on alternative methodology

10.26%

LPSC requested authorized return on equity for System Energy in return on equity proceeding

7.89%

8.44%

APSC/MPSC requested authorized return on equity for System Energy in return on equity proceeding

8.01%

8.41%

FERC requested authorized return on equity for System Energy in return on equity proceeding, rebuttal

8.66%

9.22%

Annual renewal lease payments on Grand Gulf Sale-Leaseback

17,200,000

LPSC requested rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback

$ 512,000,000

FERC staff argued over-recovery in depreciation expense for capital additions

$ 32,000,000

Interest Portion of LPSC requested rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback

$ 170,000,000

170,000,000

Rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback

397,000,000

Interest Portion of rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback

96,000,000

Refund related to depreciation expense adjustments

18,000,000

$ 18,000,000

System Energy [Member] | Minimum [Member]

Regulatory Assets [Line Items]

Public Utilities, Requested Return on Equity, Percentage

8.28%

8.57%

System Energy [Member] | Maximum [Member]

Regulatory Assets [Line Items]

Public Utilities, Requested Return on Equity, Percentage

9.11%

9.52%

System Energy [Member] | Subsequent Event [Member]

Regulatory Assets [Line Items]

Remaining NBV of Leased Assets

70,000,000

Refund of Lease Payments

$ 17,200,000

Distribution Cost Recovery Factor Rider [Member] | Entergy Texas [Member]

Regulatory Assets [Line Items]

Public Utilities, Requested Rate Increase (Decrease), Amount

23,600,000

Revenue increase resulting from incremental revenue

$ 20,400,000

Transmission Cost Recovery Factor Rider [Member] | Entergy Texas [Member]

Regulatory Assets [Line Items]

Public Utilities, Requested Rate Increase (Decrease), Amount

$ 19,400,000

Grand Gulf [Member] | System Energy [Member]

Regulatory Assets [Line Items]

Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage

11.50%

Natural Gas [Member] | Entergy New Orleans [Member]

Regulatory Assets [Line Items]

Public Utilities, Requested Rate Increase (Decrease), Amount

3,000,000

Electricity [Member] | Entergy New Orleans [Member]

Regulatory Assets [Line Items]

Public Utilities, Requested Rate Increase (Decrease), Amount

42,000,000

Rider reductions included in decreased rates

$ 29,000,000

Equity (Narrative) (Details)

Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Apr. 08, 2020	Mar. 31, 2020	Mar. 31, 2019	Jan. 01, 2019
Equity [Abstract]
Stock Options Excluded From Diluted Common Shares Outstanding Calculation		500,000	700,000
Shares, Issued		1,011,970
Common stock dividend (in dollars per share)		$ 0.93	$ 0.91
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax				$ 6,806
Subsequent Event [Member]
Equity [Abstract]
Common stock dividend (in dollars per share)	$ 0.93

Equity (Schedule Of Earnings Pe

Equity (Schedule Of Earnings Per Share, Basic And Diluted) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Incremental Weighted Average Shares Attributable to Dilutive Effect [Abstract]
Stock options, Shares	700,000	400,000
Stock options $/share	$ 0	$ 0
Restricted stock, Shares	400,000	500,000
Restricted stock $/share	$ 0	$ (0.01)
Incremental Common Shares Attributable to Dilutive Effect of Equity Forward Agreements	0	1,700,000
Average Dilutive Effect Of Equity Forwards	$ 0	$ (0.01)
Basic earnings per share
Net Income (Loss) Available to Common Stockholders, Basic	$ 118,714	$ 254,537
Net Income (Loss) Available to Common Stockholders, Diluted	$ 118,700	$ 254,500
Net Income Attributable to Entergy Corporation, Shares	199,790,016	189,575,187
Net Income Attributable to Entergy Corporation, $/share	$ 0.59	$ 1.34
Diluted earnings per share, Shares	200,901,349	192,234,191
Diluted earnings per share $/share	$ 0.59	$ 1.32

Equity (Accumulated Other Compr

Equity (Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	$ (398,987)	$ (551,152)	$ (446,920)		$ (557,173)
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax				$ (6,806)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	104,908	41,851
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(56,975)	(29,024)
Other comprehensive income (loss)	47,933	12,827
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	41,690	12,466	25,946		(2,116)
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax				879
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	17,713	13,539
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(1,969)	164
Other comprehensive income (loss)	15,744	13,703
Accumulated Other Comprehensive Income [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income (loss)	47,933	12,827
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	(503,173)	(520,372)	(557,072)		(531,922)
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax				0
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	34,349	0
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	19,550	11,550
Other comprehensive income (loss)	53,899	11,550
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	62,496	(43,246)	84,206		(23,135)
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax				(7,685)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	52,846	28,312
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(74,556)	(40,738)
Other comprehensive income (loss)	(21,710)	(12,426)
Entergy Louisiana [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	14,029		4,562
Other comprehensive income (loss)	9,467	(969)
Entergy Louisiana [Member] \| Accumulated Other Comprehensive Income [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income (loss)	9,467	(969)
Entergy Louisiana [Member] \| Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	14,029	(7,122)	$ 4,562		$ (6,153)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	10,050	0
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(583)	(969)
Other comprehensive income (loss)	$ 9,467	$ (969)
Restatement Adjustment [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss				(563,979)
Restatement Adjustment [Member] \| AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss				(1,237)
Restatement Adjustment [Member] \| Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss				(531,922)
Restatement Adjustment [Member] \| Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss				$ (30,820)

Equity (Reclassification out of

Equity (Reclassification out of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,427,179	$ 2,609,584
Other Nonoperating Income (Expense)	23,389	(64,658)
Income taxes (benefits)	71,194	(42,771)
Consolidated net income	123,294	258,646
Competitive Businesses [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	332,565	433,612
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Consolidated net income	56,975	29,024
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member] \| Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other Nonoperating Income (Expense)	(48)	(48)
INCOME (LOSS) BEFORE INCOME TAXES	94,375	51,567
Income taxes (benefits)	(19,819)	(10,829)
Consolidated net income	74,556	40,738
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member] \| Reclassification out of Accumulated Other Comprehensive Income [Member] \| Competitive Businesses [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	94,423	51,615
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member] \| Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Realized gain (loss)	3,116	(259)
Income taxes (benefits)	(1,147)	95
Consolidated net income	1,969	(164)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] \| Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of prior-service credit	3,719	5,326
Amortization of loss	(27,318)	(18,988)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	0	(1,137)
INCOME (LOSS) BEFORE INCOME TAXES	(23,599)	(14,799)
Income taxes (benefits)	4,049	3,249
Consolidated net income	(19,550)	(11,550)
Entergy Louisiana [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	930,647	959,330
Other Nonoperating Income (Expense)	49,601	(42,344)
Income taxes (benefits)	50,183	(16,531)
Consolidated net income	189,396	127,633
Entergy Louisiana [Member] \| Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] \| Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of prior-service credit	1,089	1,838
Amortization of loss	(301)	(527)
INCOME (LOSS) BEFORE INCOME TAXES	788	1,311
Income taxes (benefits)	(205)	(342)
Consolidated net income	$ 583	$ 969

Revolving Credit Facilities, _3

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Short-term borrowings	$ 1,941,816	$ 1,941,816	$ 1,946,727
Amount of Facility	3,500,000	3,500,000
Letters of Credit Outstanding, Amount	6,000	6,000
Amount Drawn/ Outstanding	$ 922,000	$ 922,000
Commercial Paper Program [Member]
Debt Instrument [Line Items]
Debt, weighted average interest rate	2.02%	2.02%
Commercial Paper program limit	$ 2,000,000	$ 2,000,000
Commercial Paper Amount Outstanding	1,942,000	1,942,000
Credit Facility [Member]
Debt Instrument [Line Items]
Amount of Facility	3,500,000	3,500,000
Amount of total borrowing capacity against which fronting commitments exist	20,000	$ 20,000
Line of credit facility, commitment fee percentage		0.225%
Line of Credit Facility, Interest Rate During Period		2.99%
Entergy Arkansas [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings	250,000	$ 250,000
Amount of total borrowing capacity against which fronting commitments exist	5,000	$ 5,000
Entergy Arkansas [Member] \| 4.0% Series First Mortgage Bonds Due June 2028 [Member]
Debt Instrument [Line Items]
Proceeds from Issuance of Debt	$ 100,000
Debt instrument, interest rate, stated percentage	4.00%	4.00%
Entergy Louisiana [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings	$ 450,000	$ 450,000
Amount of total borrowing capacity against which fronting commitments exist	15,000	$ 15,000
Repayments of Debt	100,000
Entergy Louisiana [Member] \| Mortgage Bonds, Two Point Nine Zero Percent Series due March Twenty Fifty One [Member]
Debt Instrument [Line Items]
Proceeds from Issuance of Debt	$ 350,000
Debt instrument, interest rate, stated percentage	2.90%	2.90%
Entergy Louisiana [Member] \| Mortgage Bonds, Four Point Two Zero Percent Series due September Twenty Forty Eight [Member]
Debt Instrument [Line Items]
Proceeds from Issuance of Debt	$ 300,000
Debt instrument, interest rate, stated percentage	4.20%	4.20%
Entergy Louisiana [Member] \| Mortgage Bonds, Four Point Two Zero Percent Series due April Twenty Fifty [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	3.95%	3.95%
Repayments of Debt	$ 250,000
Entergy Mississippi [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings	175,000	$ 175,000
Letters of Credit Outstanding, Amount	200	200	$ 200
Entergy Texas [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings	200,000	200,000
Amount of total borrowing capacity against which fronting commitments exist	30,000	$ 30,000
Entergy Texas [Member] \| Mortgage Bonds, Three Point Five Five Percent Series due September Twenty Forty Nine [Member]
Debt Instrument [Line Items]
Proceeds from Issuance of Debt	$ 175,000
Debt instrument, interest rate, stated percentage	3.55%	3.55%
Entergy Texas [Member] \| Credit Facility Of One Hundred And Fifty Million [Member]
Debt Instrument [Line Items]
Amount of Facility	$ 150,000	$ 150,000
Repayments of Debt	100,000
System Energy [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings	200,000	200,000
Entergy New Orleans [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings	150,000	150,000
Amount of total borrowing capacity against which fronting commitments exist	10,000	$ 10,000
Entergy New Orleans [Member] \| Mortgage Bonds, Three Point Seven Five Percent Series due March Twenty Forty [Member]
Debt Instrument [Line Items]
Proceeds from Issuance of Debt	$ 62,000
Debt instrument, interest rate, stated percentage	3.75%	3.75%
Entergy New Orleans [Member] \| Mortgage Bonds, Three Percent Series due March Twenty Twenty Five [Member]
Debt Instrument [Line Items]
Proceeds from Issuance of Debt	$ 78,000
Debt instrument, interest rate, stated percentage	3.00%	3.00%
System Energy VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding	$ 88,300	$ 88,300
Line of Credit Facility, Interest Rate During Period		2.59%
Line of credit facility commitment fee as a percentage of undrawn commitment amount		0.10%
Line of Credit Facility, Expiration Date		Sep. 16, 2021
Entergy Arkansas VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding	$ 43,800	$ 43,800
Line of Credit Facility, Interest Rate During Period		2.59%
Line of credit facility commitment fee as a percentage of undrawn commitment amount		0.10%
Line of Credit Facility, Expiration Date		Sep. 16, 2021
Entergy Arkansas VIE [Member] \| Three Point Six Five Percent Series L Notes Due July Two Thousand Twenty One [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	3.65%	3.65%
Entergy Louisiana Waterford VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding	$ 33,300	$ 33,300
Line of Credit Facility, Interest Rate During Period		2.69%
Line of credit facility commitment fee as a percentage of undrawn commitment amount		0.10%
Line of Credit Facility, Expiration Date		Sep. 16, 2021
Entergy Louisiana Waterford VIE [Member] \| Three Point Nine Two Percent Series H Dues February Two Thousand Twenty One [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	3.92%	3.92%
Entergy Louisiana River Bend VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding	$ 58,400	$ 58,400
Line of Credit Facility, Interest Rate During Period		2.69%
Line of credit facility commitment fee as a percentage of undrawn commitment amount		0.10%
Line of Credit Facility, Expiration Date		Sep. 16, 2021
Maximum [Member]
Debt Instrument [Line Items]
Line of credit facility, commitment fee percentage		0.225%
Consolidated debt ratio	0.65	0.65
Maximum [Member] \| Entergy Arkansas [Member]
Debt Instrument [Line Items]
Consolidated debt ratio	0.65	0.65
Consolidated debt ratio of total capitalization		70.00%
Maximum [Member] \| Entergy Louisiana [Member]
Debt Instrument [Line Items]
Consolidated debt ratio	0.65	0.65
Consolidated debt ratio of total capitalization		70.00%
Maximum [Member] \| Entergy Mississippi [Member]
Debt Instrument [Line Items]
Consolidated debt ratio	0.65	0.65
Maximum [Member] \| Entergy Texas [Member]
Debt Instrument [Line Items]
Consolidated debt ratio	0.65	0.65
Maximum [Member] \| System Energy [Member]
Debt Instrument [Line Items]
Consolidated debt ratio of total capitalization		70.00%
Maximum [Member] \| Entergy New Orleans [Member]
Debt Instrument [Line Items]
Consolidated debt ratio	0.65	0.65
Minimum [Member]
Debt Instrument [Line Items]
Line of credit facility, commitment fee percentage		0.075%
Credit Facility Of Twenty Million [Member] \| Entergy Arkansas [Member]
Debt Instrument [Line Items]
Amount of Facility	$ 20,000	$ 20,000
Letters of Credit Outstanding, Amount	0	0
Amount Drawn/ Outstanding	0	$ 0
Line of Credit Facility, Interest Rate During Period		2.11%
Line of Credit Facility, Expiration Date		Apr. 30, 2021
Credit Facility Of Three Hundred Fifty Million [Member] \| Entergy Louisiana [Member]
Debt Instrument [Line Items]
Amount of Facility	350,000	$ 350,000
Letters of Credit Outstanding, Amount	0	0
Amount Drawn/ Outstanding	0	$ 0
Line of Credit Facility, Interest Rate During Period		2.11%
Line of Credit Facility, Expiration Date		Sep. 14, 2024
Credit Facility Of One Hundred And Fifty Million [Member] \| Entergy Arkansas [Member]
Debt Instrument [Line Items]
Amount of Facility	150,000	$ 150,000
Letters of Credit Outstanding, Amount	0	0
Amount Drawn/ Outstanding	0	$ 0
Line of Credit Facility, Interest Rate During Period		2.11%
Line of Credit Facility, Expiration Date		Sep. 14, 2024
Credit Facility Of One Hundred And Fifty Million [Member] \| Entergy Texas [Member]
Debt Instrument [Line Items]
Amount of Facility	150,000	$ 150,000
Letters of Credit Outstanding, Amount	1,300	1,300
Amount Drawn/ Outstanding	0	$ 0
Line of Credit Facility, Interest Rate During Period		2.49%
Line of Credit Facility, Expiration Date		Sep. 14, 2024
Credit Facility Of Thirty Seven Point Five Million [Member] \| Entergy Mississippi [Member]
Debt Instrument [Line Items]
Amount of Facility	37,500	$ 37,500
Letters of Credit Outstanding, Amount	0	0
Amount Drawn/ Outstanding	0	$ 0
Line of Credit Facility, Interest Rate During Period		2.49%
Line of Credit Facility, Expiration Date		Apr. 30, 2021
Credit Facility Of Thirty Five Million [Member] \| Entergy Mississippi [Member]
Debt Instrument [Line Items]
Amount of Facility	35,000	$ 35,000
Letters of Credit Outstanding, Amount	0	0
Amount Drawn/ Outstanding	0	$ 0
Line of Credit Facility, Interest Rate During Period		2.49%
Line of Credit Facility, Expiration Date		Apr. 30, 2021
Credit Facility Of Ten Million [Member] \| Entergy Mississippi [Member]
Debt Instrument [Line Items]
Amount of Facility	10,000	$ 10,000
Letters of Credit Outstanding, Amount	0	0
Amount Drawn/ Outstanding	0	$ 0
Line of Credit Facility, Interest Rate During Period		2.49%
Line of Credit Facility, Expiration Date		Apr. 30, 2021
Credit Facility Of Twenty Five Million [Member] \| Entergy New Orleans [Member]
Debt Instrument [Line Items]
Amount of Facility	25,000	$ 25,000
Letters of Credit Outstanding, Amount	800	800
Amount Drawn/ Outstanding	$ 0	$ 0
Line of Credit Facility, Interest Rate During Period		2.26%
Line of Credit Facility, Expiration Date		Nov. 20, 2021

Revolving Credit Facilities, _4

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Summary Of The Borrowings Outstanding And Capacity Available Under The Facility) (Details) $ in Millions	Mar. 31, 2020USD ($)
Debt Instrument [Line Items]
Capacity	$ 3,500
Amount Drawn/ Outstanding	922
Letters of Credit	6
Capacity Available	$ 2,572

Revolving Credit Facilities, _5

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Credit Facilities) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Amount of Facility	$ 3,500,000
Amount Drawn/ Outstanding	922,000
Letters of Credit Outstanding, Amount	6,000
Entergy Arkansas [Member]
Amount of total borrowing capacity against which fronting commitments exist	$ 5,000
Entergy Arkansas [Member] \| Credit Facility Of One Hundred And Fifty Million [Member]
Expiration Date	Sep. 14, 2024
Amount of Facility	$ 150,000
Interest Rate	2.11%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	$ 0
Entergy Arkansas [Member] \| Credit Facility Of Twenty Million [Member]
Expiration Date	Apr. 30, 2021
Amount of Facility	$ 20,000
Interest Rate	2.11%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Louisiana [Member]
Amount of total borrowing capacity against which fronting commitments exist	$ 15,000
Entergy Louisiana [Member] \| Credit Facility Of Three Hundred Fifty Million [Member]
Expiration Date	Sep. 14, 2024
Amount of Facility	$ 350,000
Interest Rate	2.11%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	$ 200	$ 200
Entergy Mississippi [Member] \| Credit Facility Of Thirty Seven Point Five Million [Member]
Expiration Date	Apr. 30, 2021
Amount of Facility	$ 37,500
Interest Rate	2.49%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	$ 0
Entergy Mississippi [Member] \| Credit Facility Of Thirty Five Million [Member]
Expiration Date	Apr. 30, 2021
Amount of Facility	$ 35,000
Interest Rate	2.49%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	$ 0
Entergy Mississippi [Member] \| Credit Facility Of Ten Million [Member]
Expiration Date	Apr. 30, 2021
Amount of Facility	$ 10,000
Interest Rate	2.49%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy New Orleans [Member]
Amount of total borrowing capacity against which fronting commitments exist	$ 10,000
Entergy New Orleans [Member] \| Credit Facility Of Twenty Five Million [Member]
Expiration Date	Nov. 20, 2021
Amount of Facility	$ 25,000
Interest Rate	2.26%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	800
Entergy Texas [Member]
Amount of total borrowing capacity against which fronting commitments exist	$ 30,000
Entergy Texas [Member] \| Credit Facility Of One Hundred And Fifty Million [Member]
Expiration Date	Sep. 14, 2024
Amount of Facility	$ 150,000
Interest Rate	2.49%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	$ 1,300

Revolving Credit Facilities, _6

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Short-Term Borrowings And The Outstanding Short-Term Borrowings) (Details) $ in Millions	Mar. 31, 2020USD ($)
Entergy Arkansas [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	$ 250
Borrowings	0
Entergy Louisiana [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	450
Borrowings	0
Entergy Mississippi [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	175
Borrowings	19
Entergy New Orleans [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	150
Borrowings	0
Entergy Texas [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	200
Borrowings	0
System Energy [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	200
Borrowings	$ 0

Revolving Credit Facilities, _7

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Amount Drawn/ Outstanding	$ 922
Entergy Arkansas VIE [Member]
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Expiration Date	Sep. 16, 2021
Amount of Facility	$ 80
Line of Credit Facility, Interest Rate During Period	2.59%
Amount Drawn/ Outstanding	$ 43.8
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.10%
System Energy VIE [Member]
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Expiration Date	Sep. 16, 2021
Amount of Facility	$ 120
Line of Credit Facility, Interest Rate During Period	2.59%
Amount Drawn/ Outstanding	$ 88.3
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.10%
Entergy Louisiana River Bend VIE [Member]
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Expiration Date	Sep. 16, 2021
Amount of Facility	$ 105
Line of Credit Facility, Interest Rate During Period	2.69%
Amount Drawn/ Outstanding	$ 58.4
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.10%
Entergy Louisiana Waterford VIE [Member]
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Expiration Date	Sep. 16, 2021
Amount of Facility	$ 105
Line of Credit Facility, Interest Rate During Period	2.69%
Amount Drawn/ Outstanding	$ 33.3
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.10%

Revolving Credit Facilities, _8

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Notes Payable By Variable Interest Entities) (Details) $ in Millions	Mar. 31, 2020USD ($)
Three Point Six Five Percent Series L Notes Due July Two Thousand Twenty One [Member] \| Entergy Arkansas VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	3.65%
Amount	$ 90
Three Point One Seven Percent Series M Notes Due December Two Thousand Twenty Three [Member] \| Entergy Arkansas VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	3.17%
Amount	$ 40
Three Point Three Eight Percent Series R Notes Due August Two Thousand Twenty [Member] \| Entergy Louisiana River Bend VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	3.38%
Amount	$ 70
Three Point Nine Two Percent Series H Dues February Two Thousand Twenty One [Member] \| Entergy Louisiana Waterford VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	3.92%
Amount	$ 40
Three Point Two Two Percent Series I Notes Due December Two Thousand Twenty Three [Domain] \| Entergy Louisiana Waterford VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	3.22%
Amount	$ 20
Three Point Four Two Percent Series J Notes Due April Two Thousand Twenty One [Member] \| System Energy VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	3.42%
Amount	$ 100

Revolving Credit Facilities, _9

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Book Value And The Fair Value Of Long-Term Debt) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Long-term Debt, Fair Value	$ 20,426,604	$ 19,059,950
Long-term Debt, Book Value	19,458,543	17,873,655
Entergy Arkansas [Member]
Long-term Debt, Fair Value	3,831,058	3,747,914
Long-term Debt, Book Value	3,655,723	3,517,208
Entergy Louisiana [Member]
Long-term Debt, Fair Value	8,496,243	7,961,168
Long-term Debt, Book Value	7,923,381	7,303,669
Entergy Mississippi [Member]
Long-term Debt, Fair Value	1,692,495	1,709,505
Long-term Debt, Book Value	1,614,156	1,614,129
Entergy New Orleans [Member]
Long-term Debt, Fair Value	652,690	523,846
Long-term Debt, Book Value	680,188	560,906
Entergy Texas [Member]
Long-term Debt, Fair Value	2,239,980	2,090,215
Long-term Debt, Book Value	2,091,130	1,922,956
System Energy [Member]
Long-term Debt, Fair Value	615,747	565,209
Long-term Debt, Book Value	$ 604,925	$ 548,107

Revolving Credit Facilities,_10

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations) (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Letters of Credit Outstanding, Amount	$ 6
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	0.2	$ 0.2
Credit Facility Of Twenty Five Million [Member] \| Entergy Arkansas [Member]
Uncommitted Credit Facility	$ 25
Letter of Credit Fee, Percentage	0.70%
Letters of Credit Outstanding, Amount	$ 1
Credit Facility of Fifty Million [Member] \| Entergy Texas [Member]
Uncommitted Credit Facility	$ 50
Letter of Credit Fee, Percentage	0.70%
Letters of Credit Outstanding, Amount	$ 10.4
Credit Facility of Fifteen Million [Member] \| Entergy New Orleans [Member]
Uncommitted Credit Facility	$ 15
Letter of Credit Fee, Percentage	1.00%
Letters of Credit Outstanding, Amount	$ 1
Credit Facility Of One Hundred Twenty Five Million [Member] \| Entergy Louisiana [Member]
Uncommitted Credit Facility	$ 125
Letter of Credit Fee, Percentage	0.70%
Letters of Credit Outstanding, Amount	$ 25.6
Credit Facility of Sixty Five Million [Member] \| Entergy Mississippi [Member]
Uncommitted Credit Facility	$ 64
Letter of Credit Fee, Percentage	0.70%
Letters of Credit Outstanding, Amount	$ 1.8

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	Jan. 30, 2020	Jan. 31, 2020	Mar. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards under Entergy's plans, years			3 years
Equity Ownership And Long Term Cash Incentive Plan Two Thousand Nineteen [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option granted (in shares)			530,716
Weighted-average grant-date fair value of options granted (in dollars per share)			$ 11.45
Stock options outstanding			2,474,280
Weighted-average exercise price of stock options outstanding (in dollars per share)			$ 89.74
Intrinsic value in the money stock options			$ 30.5
Restricted Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards under Entergy's plans, years			3 years
Restricted Awards [Member] \| Equity Ownership And Long Term Cash Incentive Plan Two Thousand Nineteen [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock awards granted		313,805
Restricted stock awards granted value (in dollars per share)		$ 131.72
Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards under Entergy's plans, years			3 years
Long Term Incentive Plan [Member] \| Equity Ownership And Long Term Cash Incentive Plan Two Thousand Nineteen [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Long-term incentive plan awards		134,853
Percent of performance measure based on relative total shareholder return	80.00%		80.00%
Percent of performance measure based on cumulative adjusted EPS metric	20.00%		20.00%
Long Term Incentive Plan [Member] \| Equity Ownership And Long Term Cash Incentive Plan Two Thousand Nineteen [Member] \| Performance measure based on relative total shareholder return [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock awards granted value (in dollars per share)	$ 169.74
Long Term Incentive Plan [Member] \| Equity Ownership And Long Term Cash Incentive Plan Two Thousand Nineteen [Member] \| Performance measure based on cumulative adjusted earnings per share metric [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock awards granted value (in dollars per share)	$ 131.72

Stock-Based Compensation (Finan

Stock-Based Compensation (Financial Information For Stock Options) (Details) - Share-based Payment Arrangement, Option [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 1	$ 1
Tax benefit recognized in Entergy's net income	0.3	0.2
Compensation cost capitalized as part of fixed assets and inventory	$ 0.4	$ 0.3

Stock-Based Compensation (Fin_2

Stock-Based Compensation (Financial Information For Other Equity Plans) (Details) - Other Equity Awards [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 9.4	$ 8.8
Tax benefit recognized in Entergy's net income	2.4	2.2
Compensation cost capitalized as part of fixed assets and inventory	$ 3.4	$ 2.9

Retirement And Other Postreti_3

Retirement And Other Postretirement Benefits (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2020
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	$ 216,300
Defined Benefit Plan, Plan Assets, Contributions by Employer	59,800
Entergy Arkansas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	32,512
Defined Benefit Plan, Plan Assets, Contributions by Employer	10,120
Entergy Louisiana [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	38,766
Defined Benefit Plan, Plan Assets, Contributions by Employer	8,676
Entergy Mississippi [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	7,768
Defined Benefit Plan, Plan Assets, Contributions by Employer	2,560
Entergy New Orleans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	3,248
Defined Benefit Plan, Plan Assets, Contributions by Employer	563
Entergy Texas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	3,549
Defined Benefit Plan, Plan Assets, Contributions by Employer	453
System Energy [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	10,544
Defined Benefit Plan, Plan Assets, Contributions by Employer	3,299
Subsequent Event [Member] \| Entergy Arkansas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer			$ 22,392
Subsequent Event [Member] \| Entergy Louisiana [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer			30,090
Subsequent Event [Member] \| Entergy Mississippi [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer			5,208
Subsequent Event [Member] \| Entergy New Orleans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer			2,685
Subsequent Event [Member] \| Entergy Texas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer			3,096
Subsequent Event [Member] \| System Energy [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer			$ 7,245
Non Qualified Pension Plans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net periodic benefit costs	4,500	$ 4,000
Non Qualified Pension Plans [Member] \| Entergy Arkansas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net periodic benefit costs	83	73
Non Qualified Pension Plans [Member] \| Entergy Louisiana [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net periodic benefit costs	37	43
Non Qualified Pension Plans [Member] \| Entergy Mississippi [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net periodic benefit costs	90	75
Non Qualified Pension Plans [Member] \| Entergy New Orleans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net periodic benefit costs	8	5
Non Qualified Pension Plans [Member] \| Entergy Texas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net periodic benefit costs	$ 117	$ 124

Retirement And Other Postreti_4

Retirement And Other Postretirement Benefits (Components Of Qualified Net Pension Cost) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	$ 40,379	$ 33,607
Interest cost on projected benefit obligation	60,799	73,941
Expected return on assets	(103,565)	(103,884)
Amortization of loss	87,259	58,418
Net other postretirement benefit cost	84,872	63,219
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	0	1,137
Pension Plans Defined Benefit [Member] \| Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	6,566	5,261
Interest cost on projected benefit obligation	11,433	14,175
Expected return on assets	(19,622)	(20,176)
Amortization of loss	16,897	11,840
Net other postretirement benefit cost	15,274	11,100
Pension Plans Defined Benefit [Member] \| Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	8,794	7,284
Interest cost on projected benefit obligation	12,841	15,882
Expected return on assets	(22,402)	(22,652)
Amortization of loss	16,627	11,643
Net other postretirement benefit cost	15,860	12,157
Pension Plans Defined Benefit [Member] \| Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	2,023	1,629
Interest cost on projected benefit obligation	3,340	4,068
Expected return on assets	(5,757)	(5,968)
Amortization of loss	4,748	3,104
Net other postretirement benefit cost	4,354	2,833
Pension Plans Defined Benefit [Member] \| Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	663	569
Interest cost on projected benefit obligation	1,456	1,874
Expected return on assets	(2,627)	(2,696)
Amortization of loss	2,005	1,529
Net other postretirement benefit cost	1,497	1,276
Pension Plans Defined Benefit [Member] \| Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,546	1,350
Interest cost on projected benefit obligation	2,782	3,613
Expected return on assets	(5,486)	(5,862)
Amortization of loss	3,265	2,334
Net other postretirement benefit cost	2,107	1,435
Pension Plans Defined Benefit [Member] \| System Energy [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,965	1,550
Interest cost on projected benefit obligation	2,814	3,364
Expected return on assets	(4,663)	(4,678)
Amortization of loss	4,279	2,850
Net other postretirement benefit cost	4,395	3,086
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	5,801	4,675
Interest cost on projected benefit obligation	7,932	11,975
Expected return on assets	(10,328)	(9,562)
Amortization of prior service cost (credit)	(5,922)	(8,844)
Amortization of loss	468	358
Net other postretirement benefit cost	(2,049)	(1,398)
Other Postretirement [Member] \| Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	828	591
Interest cost on projected benefit obligation	1,217	1,807
Expected return on assets	(4,326)	(3,991)
Amortization of prior service cost (credit)	(661)	(1,238)
Amortization of loss	55	144
Net other postretirement benefit cost	(2,887)	(2,687)
Other Postretirement [Member] \| Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,423	1,160
Interest cost on projected benefit obligation	1,723	2,666
Expected return on assets	0	0
Amortization of prior service cost (credit)	(1,089)	(1,837)
Amortization of loss	(199)	(174)
Net other postretirement benefit cost	1,858	1,815
Other Postretirement [Member] \| Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	351	262
Interest cost on projected benefit obligation	422	670
Expected return on assets	(1,307)	(1,199)
Amortization of prior service cost (credit)	(321)	(439)
Amortization of loss	29	181
Net other postretirement benefit cost	(826)	(525)
Other Postretirement [Member] \| Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	105	92
Interest cost on projected benefit obligation	227	395
Expected return on assets	(1,355)	(1,237)
Amortization of prior service cost (credit)	(76)	(171)
Amortization of loss	(38)	58
Net other postretirement benefit cost	(1,137)	(863)
Other Postretirement [Member] \| Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	303	236
Interest cost on projected benefit obligation	582	854
Expected return on assets	(2,435)	(2,276)
Amortization of prior service cost (credit)	(550)	(561)
Amortization of loss	212	121
Net other postretirement benefit cost	(1,888)	(1,626)
Other Postretirement [Member] \| System Energy [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	294	243
Interest cost on projected benefit obligation	307	476
Expected return on assets	(748)	(697)
Amortization of prior service cost (credit)	(219)	(363)
Amortization of loss	20	89
Net other postretirement benefit cost	(346)	(252)
Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	4,500	4,000
Non Qualified Pension Plans [Member] \| Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	83	73
Non Qualified Pension Plans [Member] \| Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	37	43
Non Qualified Pension Plans [Member] \| Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	90	75
Non Qualified Pension Plans [Member] \| Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	8	5
Non Qualified Pension Plans [Member] \| Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	$ 117	$ 124

Retirement And Other Postreti_5

Retirement And Other Postretirement Benefits (Expected Employer Contributions) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2020
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	$ 216,300
Defined Benefit Plan, Plan Assets, Contributions by Employer	59,800
Entergy Louisiana [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	38,766
Defined Benefit Plan, Plan Assets, Contributions by Employer	8,676
Entergy Louisiana [Member] \| Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer		$ 30,090
Entergy Mississippi [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	7,768
Defined Benefit Plan, Plan Assets, Contributions by Employer	2,560
Entergy Mississippi [Member] \| Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer		5,208
Entergy New Orleans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	3,248
Defined Benefit Plan, Plan Assets, Contributions by Employer	563
Entergy New Orleans [Member] \| Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer		2,685
Entergy Texas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	3,549
Defined Benefit Plan, Plan Assets, Contributions by Employer	453
Entergy Texas [Member] \| Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer		3,096
System Energy [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	10,544
Defined Benefit Plan, Plan Assets, Contributions by Employer	3,299
System Energy [Member] \| Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer		7,245
Entergy Arkansas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	32,512
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 10,120
Entergy Arkansas [Member] \| Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer		$ 22,392

Retirement And Other Postreti_6

Retirement And Other Postretirement Benefits (Reclassification Out Of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	$ 3,719	$ 5,326
Amortization of loss	(27,318)	(18,988)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax		(1,137)
Total	(23,599)	(14,799)
Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	1,089	1,838
Amortization of loss	(301)	(527)
Total	788	1,311
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0
Amortization of loss	(26,462)	(18,735)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax		(1,137)
Total	(26,462)	(19,872)
Pension Plans Defined Benefit [Member] \| Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0
Amortization of loss	(499)	(699)
Total	(499)	(699)
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	3,776	5,375
Amortization of loss	(25)	308
Recognized Net Gain (Loss) Due To Settlements, Pre Tax		0
Total	3,751	5,683
Other Postretirement [Member] \| Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	1,089	1,838
Amortization of loss	199	174
Total	1,288	2,012
Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	(57)	(49)
Amortization of loss	(831)	(561)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax		0
Total	(888)	(610)
Non Qualified Pension Plans [Member] \| Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0
Amortization of loss	(1)	(2)
Total	$ (1)	$ (2)

Business Segment Information Bu

Business Segment Information Business Segment Information (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended	24 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2022
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Asset Write-Offs, Impairments, And Related Charges	$ 5	$ 74
Restructuring Charges	21	34
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	21
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member] \| Subsequent Event [Member]
Segment Reporting Information [Line Items]
Restructuring Charges			$ 75	$ 55
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member] \| Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	$ 21	$ 34

Business Segment Information (S

Business Segment Information (Segment Financial Information) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,427,179	$ 2,609,584
Segment Financial Information
Income taxes (benefits)	(71,194)	42,771
Consolidated net income	123,294	258,646
Assets	52,555,029		$ 51,723,912
Utility [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,094,629	2,175,982
Segment Financial Information
Income taxes (benefits)	(52,949)	(11,564)
Consolidated net income	323,849	234,147
Assets	50,421,661		49,557,664
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	332,549	433,612
Segment Financial Information
Income taxes (benefits)	(30,540)	65,908
Consolidated net income	(110,428)	97,079
Assets	3,921,539		4,154,961
All Other [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	11	0
Segment Financial Information
Income taxes (benefits)	12,295	(11,573)
Consolidated net income	(58,228)	(40,682)
Assets	697,784		514,020
Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(10)	(10)
Segment Financial Information
Income taxes (benefits)	0	0
Consolidated net income	(31,899)	$ (31,898)
Assets	$ (2,485,955)		$ (2,502,733)

Business Segment Information _2

Business Segment Information Business Segment Information (Restructuring Costs) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Dec. 31, 2018
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	$ 21
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	21	$ 34
Restructuring Reserve	164	227	$ 143	$ 193
Entergy Wholesale Commodities [Member] \| Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	21	34
Restructuring Reserve	150	213	129	179
Entergy Wholesale Commodities [Member] \| Economic Development Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	0	0
Restructuring Reserve	$ 14	$ 14	$ 14	$ 14

Risk Management and Fair Valu_3

Risk Management and Fair Values (Narrative) (Details) TWh in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2020USD ($)GWhMMBTU	Mar. 31, 2019USD ($)	Dec. 31, 2020TWh	Dec. 31, 2019USD ($)
Debt Securities, Available-for-sale, Allowance for Credit Loss	$ 3
Risk Management and Fair Values [Abstract]
Letters of Credit Outstanding, Amount	6
Derivative, Collateral, Obligation to Return Cash				$ 1
Cash flow hedges relating to power sales as part of net unrealized gains	81
Reclassified from accumulated other comprehensive income (OCI) to operating revenues	80
Maturity of cash flow hedges, Tax	$ 20	$ 11
Maximum length of time over which Company is currently hedging the variability in future cash flows for forecasted power transactions, years	1 year
Total volume of natural gas swaps outstanding (MMBtu) \| MMBTU	42,371,000
Total volume of fixed transmission rights outstanding \| GWh	18,987
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset and Liability Unrealized Gains (Loss) Included in Earnings	$ 1	$ (4.9)
Entergy Arkansas [Member]
Risk Management and Fair Values [Abstract]
Total volume of fixed transmission rights outstanding \| GWh	4,368
Entergy Louisiana [Member]
Risk Management and Fair Values [Abstract]
Total volume of natural gas swaps outstanding (MMBtu) \| MMBTU	29,220,000
Total volume of fixed transmission rights outstanding \| GWh	8,517
Entergy Mississippi [Member]
Risk Management and Fair Values [Abstract]
Letters of Credit Outstanding, Amount	$ 0.2			0.2
Total volume of natural gas swaps outstanding (MMBtu) \| MMBTU	13,151,000
Total volume of fixed transmission rights outstanding \| GWh	2,427
Entergy New Orleans [Member]
Risk Management and Fair Values [Abstract]
Total volume of fixed transmission rights outstanding \| GWh	934
Entergy Texas [Member]
Risk Management and Fair Values [Abstract]
Total volume of fixed transmission rights outstanding \| GWh	2,662
Gas Hedge Contracts [Member] \| Entergy Louisiana [Member]
Risk Management and Fair Values [Abstract]
Maximum Length of Time Hedged in Cash Flow Hedge	4 years
Gas Hedge Contracts [Member] \| Entergy Mississippi [Member]
Risk Management and Fair Values [Abstract]
Maximum Length of Time Hedged in Cash Flow Hedge	7 months
Entergy Wholesale Commodities [Member]
Risk Management and Fair Values [Abstract]
Cash collateral posted	$ 9			11
Derivative, Collateral, Obligation to Return Cash				1
Letters of Credit Held	$ 95			$ 98
Subsequent Event [Member]
Risk Management and Fair Values [Abstract]
Planned generation sold forward from non utility nuclear power plants for the remainder of the period			97.00%
Planned Generation From Non Nuclear Power Plants Sold Forward Under Financial Hedges			61.00%
Total planned generation for remainder of the period \| TWh			11.6

Risk Management and Fair Valu_4

Risk Management and Fair Values (Fair Values Of Derivative Instruments) (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Assets:
Derivative, Collateral, Obligation to Return Cash		$ (1)
Liabilities:
Letters of Credit Outstanding, Amount	$ 6
Entergy Wholesale Commodities [Member]
Derivatives, Fair Value [Line Items]
Cash collateral posted	9	11
Assets:
Derivative, Collateral, Obligation to Return Cash		(1)
Liabilities:
Letters of Credit Held	95	98
Other Non-Current Liabilities [Member] \| Natural Gas Swaps [Member] \| Utility [Member] \| Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	2	2
Derivative, Collateral, Right to Reclaim Cash	0	0
Derivative Liability	2	2
Other Deferred Debits And Other Assets [Member] \| Electricity Swaps And Options [Member] \| Entergy Wholesale Commodities [Member] \| Designated As Hedging Instrument [Member]
Assets:
Derivative Asset		17
Derivative Asset, Fair Value, Gross Asset		17
Derivative, Collateral, Obligation to Return Cash		0
Other Deferred Debits And Other Assets [Member] \| Natural Gas Swaps [Member] \| Utility [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	1	1
Derivative Asset, Fair Value, Gross Asset	1	1
Derivative, Collateral, Obligation to Return Cash		0
Prepayments And Other [Member] \| Electricity Swaps And Options [Member] \| Entergy Wholesale Commodities [Member] \| Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	81	91
Derivative Asset, Fair Value, Gross Asset	81	92
Derivative, Collateral, Obligation to Return Cash	0	(1)
Prepayments And Other [Member] \| Electricity Swaps And Options [Member] \| Entergy Wholesale Commodities [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	4	10
Derivative Asset, Fair Value, Gross Asset	8	11
Derivative, Collateral, Obligation to Return Cash	(4)	(1)
Prepayments And Other [Member] \| Financial Transmission Rights (FTRs) [Member] \| Utility and Entergy Wholesale Commodities [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	4	10
Derivative Asset, Fair Value, Gross Asset	4	10
Derivative, Collateral, Obligation to Return Cash		0
Other Current Liabilities [Member] \| Electricity Swaps And Options [Member] \| Entergy Wholesale Commodities [Member] \| Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability		1
Derivative, Collateral, Right to Reclaim Cash		(1)
Derivative Liability		0
Other Current Liabilities [Member] \| Electricity Swaps And Options [Member] \| Entergy Wholesale Commodities [Member] \| Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	3	2
Derivative, Collateral, Right to Reclaim Cash	(3)	(2)
Derivative Liability	0	0
Other Current Liabilities [Member] \| Natural Gas Swaps [Member] \| Utility [Member] \| Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	7	5
Derivative, Collateral, Right to Reclaim Cash	0	0
Derivative Liability	7	5
Entergy Louisiana [Member] \| Other Non-Current Liabilities [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	2.3	2.2
Derivative, Collateral, Right to Reclaim Cash	0	0
Derivative Liability	2.3	2.2
Entergy Louisiana [Member] \| Other Deferred Debits And Other Assets [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	0.9	0.8
Derivative Asset, Fair Value, Gross Asset	0.9	0.8
Derivative, Collateral, Obligation to Return Cash	0	0
Entergy Louisiana [Member] \| Prepayments And Other [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	0.2
Derivative Asset, Fair Value, Gross Asset	0.2
Derivative, Collateral, Obligation to Return Cash	0
Entergy Louisiana [Member] \| Prepayments And Other [Member] \| Financial Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	1.9	4.5
Derivative Asset, Fair Value, Gross Asset	2	4.5
Derivative, Collateral, Obligation to Return Cash	0.1	0
Entergy Louisiana [Member] \| Other Current Liabilities [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	2.5	2.4
Derivative, Collateral, Right to Reclaim Cash	0	0
Derivative Liability	2.5	2.4
Entergy Mississippi [Member]
Liabilities:
Letters of Credit Outstanding, Amount	0.2	0.2
Entergy Mississippi [Member] \| Prepayments And Other [Member] \| Financial Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	0.3	0.8
Derivative Asset, Fair Value, Gross Asset	0.3	0.8
Derivative, Collateral, Obligation to Return Cash	0	0
Entergy Mississippi [Member] \| Other Current Liabilities [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	4.4	2.3
Derivative, Collateral, Right to Reclaim Cash	0	0
Derivative Liability	4.4	2.3
Entergy New Orleans [Member] \| Prepayments And Other [Member] \| Financial Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset		0.3
Derivative Asset, Fair Value, Gross Asset		0.3
Derivative, Collateral, Obligation to Return Cash		0
Entergy New Orleans [Member] \| Other Current Liabilities [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability		0.2
Derivative, Collateral, Right to Reclaim Cash		0
Derivative Liability		0.2
Entergy Arkansas [Member] \| Prepayments And Other [Member] \| Financial Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	1.1	3.3
Derivative Asset, Fair Value, Gross Asset	1.1	3.4
Derivative, Collateral, Obligation to Return Cash	0	(0.1)
Entergy Texas [Member] \| Prepayments And Other [Member] \| Financial Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	0.3	0.9
Derivative Asset, Fair Value, Gross Asset	0.3	1
Derivative, Collateral, Obligation to Return Cash	$ 0	$ 0.1

Risk Management and Fair Valu_5

Risk Management and Fair Values (Derivative Instruments Designated as Cash Flow Hedges On Consolidated Statements Of Income) (Details) - Competitive Businesses Operating Revenues [Member] - Electricity Swaps And Options [Member] - Cash Flow Hedging [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Effect of Derivative instruments designated as cash flow hedges on consolidated statements of income
Amount of gain (loss) recognized in AOCI (effective portion)	$ 67	$ 26
Amount of gain reclassified from accumulated OCI into income (effective portion)	$ 94	$ 52

Risk Management and Fair Valu_6

Risk Management and Fair Values (Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income) (Details) - Not Designated As Hedging Instrument [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Competitive Businesses Operating Revenues [Member] \| Electricity Swaps And Options [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Amount of gain (loss) recorded in income	$ 0	$ 5
Fuel, Fuel Related Expenses And Gas Purchased For Resale [Member] \| Natural Gas Swaps [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Amount of gain (loss) recorded in income	(7)	(1)
Purchased Power Expense [Member] \| Financial Transmission Rights (FTRs) [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Amount of gain (loss) recorded in income	13	21
Entergy Arkansas [Member] \| Purchased Power Expense [Member] \| Financial Transmission Rights (FTRs) [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Amount of gain (loss) recorded in income	4.6	8.4
Entergy Louisiana [Member] \| Fuel, Fuel Related Expenses And Gas Purchased For Resale [Member] \| Natural Gas Swaps [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Amount of gain (loss) recorded in income	(1.3)	0.8
Entergy Louisiana [Member] \| Purchased Power Expense [Member] \| Financial Transmission Rights (FTRs) [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Amount of gain (loss) recorded in income	5.3	8.8
Entergy Mississippi [Member] \| Fuel, Fuel Related Expenses And Gas Purchased For Resale [Member] \| Natural Gas Swaps [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Amount of gain (loss) recorded in income	(5.2)	(1.8)
Entergy Mississippi [Member] \| Purchased Power Expense [Member] \| Financial Transmission Rights (FTRs) [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Amount of gain (loss) recorded in income	(0.1)	1.1
Entergy New Orleans [Member] \| Fuel, Fuel Related Expenses And Gas Purchased For Resale [Member] \| Natural Gas Swaps [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Amount of gain (loss) recorded in income	(0.4)	0.2
Entergy New Orleans [Member] \| Purchased Power Expense [Member] \| Financial Transmission Rights (FTRs) [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Amount of gain (loss) recorded in income	0.4	1.9
Entergy Texas [Member] \| Purchased Power Expense [Member] \| Financial Transmission Rights (FTRs) [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Amount of gain (loss) recorded in income	$ 2.4	$ 0.3

Risk Management and Fair Valu_7

Risk Management and Fair Values (Assets And Liabilities At Fair Value On A Recurring Basis) (Details) - USD ($)		Mar. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		$ 1,180,342,000	$ 391,480,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		47,000,000	47,000,000
Replacement Reserve Escrow		420,000,000	459,000,000
Equity Securities, FV-NI		745,000,000	905,000,000
Debt Securities		3,044,000,000	2,963,000,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		7,518,000,000	7,430,000,000
Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		9,000,000	7,000,000
Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Available-for-sale Securities		1,992,000,000	2,536,000,000
Power Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset		85,000,000	118,000,000
Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset		1,000,000	1,000,000
Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		4,000,000	10,000,000
Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		1,180,000,000	391,000,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		47,000,000	47,000,000
Replacement Reserve Escrow		420,000,000	459,000,000
Equity Securities, FV-NI		745,000,000	905,000,000
Debt Securities		1,151,000,000	1,139,000,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		3,543,000,000	2,941,000,000
Fair Value Inputs Level 1 [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		7,000,000	5,000,000
Fair Value Inputs Level 1 [Member] \| Power Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Fair Value Inputs Level 1 [Member] \| Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Fair Value Inputs Level 1 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		0	0
Replacement Reserve Escrow		0	0
Equity Securities, FV-NI		0	0
Debt Securities		1,893,000,000	1,824,000,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		1,894,000,000	1,825,000,000
Fair Value, Inputs, Level 2 [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		2,000,000	2,000,000
Fair Value, Inputs, Level 2 [Member] \| Power Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Fair Value, Inputs, Level 2 [Member] \| Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset		1,000,000	1,000,000
Fair Value, Inputs, Level 2 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		0	0
Replacement Reserve Escrow		0	0
Equity Securities, FV-NI		0	0
Debt Securities		0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		89,000,000	128,000,000
Fair Value, Inputs, Level 3 [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		0	0
Fair Value, Inputs, Level 3 [Member] \| Power Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset		85,000,000	118,000,000
Fair Value, Inputs, Level 3 [Member] \| Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Fair Value, Inputs, Level 3 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		4,000,000	10,000,000
Entergy New Orleans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		72,289,000	5,991,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		4,871,000	1,989,000
Replacement Reserve Escrow		82,900,000	82,600,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		160,100,000	90,900,000
Entergy New Orleans [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis			200,000
Entergy New Orleans [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset			300,000
Entergy New Orleans [Member] \| Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		72,300,000	6,000,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		4,900,000	2,000,000
Replacement Reserve Escrow		82,900,000	82,600,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		160,100,000	90,600,000
Entergy New Orleans [Member] \| Fair Value Inputs Level 1 [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis			200,000
Entergy New Orleans [Member] \| Fair Value Inputs Level 1 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset			0
Entergy New Orleans [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		0	0
Replacement Reserve Escrow		0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		0	0
Entergy New Orleans [Member] \| Fair Value, Inputs, Level 2 [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis			0
Entergy New Orleans [Member] \| Fair Value, Inputs, Level 2 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset			0
Entergy New Orleans [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		0	0
Replacement Reserve Escrow		0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		0	300,000
Entergy New Orleans [Member] \| Fair Value, Inputs, Level 3 [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis			0
Entergy New Orleans [Member] \| Fair Value, Inputs, Level 3 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset			300,000
Entergy Mississippi [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		7,000	51,590,000
Assets at fair value on a recurring basis
Replacement Reserve Escrow		80,300,000	80,200,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		80,600,000	132,600,000
Entergy Mississippi [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		4,400,000	2,300,000
Entergy Mississippi [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		300,000	800,000
Entergy Mississippi [Member] \| Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value			51,600,000
Assets at fair value on a recurring basis
Replacement Reserve Escrow		80,300,000	80,200,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		80,300,000	131,800,000
Entergy Mississippi [Member] \| Fair Value Inputs Level 1 [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		4,400,000	2,300,000
Entergy Mississippi [Member] \| Fair Value Inputs Level 1 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Entergy Mississippi [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value			0
Assets at fair value on a recurring basis
Replacement Reserve Escrow		0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		0	0
Entergy Mississippi [Member] \| Fair Value, Inputs, Level 2 [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		0	0
Entergy Mississippi [Member] \| Fair Value, Inputs, Level 2 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Entergy Mississippi [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value			0
Assets at fair value on a recurring basis
Replacement Reserve Escrow		0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		300,000	800,000
Entergy Mississippi [Member] \| Fair Value, Inputs, Level 3 [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		0	0
Entergy Mississippi [Member] \| Fair Value, Inputs, Level 3 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		300,000	800,000
Entergy Louisiana [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		465,206,000	1,518,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		9,000,000	3,700,000
Replacement Reserve Escrow		256,400,000	295,900,000
Equity Securities, FV-NI	[1]	15,700,000	4,300,000
Debt Securities	[1]	603,000,000	601,500,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		2,111,500,000	1,870,200,000
Entergy Louisiana [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		4,800,000	4,600,000
Entergy Louisiana [Member] \| Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Available-for-sale Securities	[2]	759,200,000	958,000,000
Entergy Louisiana [Member] \| Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset		1,100,000	800,000
Entergy Louisiana [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		1,900,000	4,500,000
Entergy Louisiana [Member] \| Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		465,200,000	1,500,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		9,000,000	3,700,000
Replacement Reserve Escrow		256,400,000	295,900,000
Equity Securities, FV-NI	[1]	15,700,000	4,300,000
Debt Securities	[1]	171,100,000	180,800,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		917,600,000	486,200,000
Entergy Louisiana [Member] \| Fair Value Inputs Level 1 [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		2,500,000	2,400,000
Entergy Louisiana [Member] \| Fair Value Inputs Level 1 [Member] \| Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset		200,000	0
Entergy Louisiana [Member] \| Fair Value Inputs Level 1 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Entergy Louisiana [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		0	0
Replacement Reserve Escrow		0	0
Equity Securities, FV-NI	[1]	0	0
Debt Securities	[1]	431,900,000	420,700,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		432,800,000	421,500,000
Entergy Louisiana [Member] \| Fair Value, Inputs, Level 2 [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		2,300,000	2,200,000
Entergy Louisiana [Member] \| Fair Value, Inputs, Level 2 [Member] \| Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset		900,000	800,000
Entergy Louisiana [Member] \| Fair Value, Inputs, Level 2 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Entergy Louisiana [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		0	0
Replacement Reserve Escrow		0	0
Equity Securities, FV-NI	[1]	0	0
Debt Securities	[1]	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		1,900,000	4,500,000
Entergy Louisiana [Member] \| Fair Value, Inputs, Level 3 [Member] \| Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		0	0
Entergy Louisiana [Member] \| Fair Value, Inputs, Level 3 [Member] \| Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Entergy Louisiana [Member] \| Fair Value, Inputs, Level 3 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		1,900,000	4,500,000
Entergy Arkansas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		136,864,000	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		7,480,000	4,036,000
Equity Securities, FV-NI	[1]	14,400,000	600,000
Debt Securities	[1]	417,800,000	412,800,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		1,119,500,000	1,108,600,000
Entergy Arkansas [Member] \| Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Available-for-sale Securities	[2]	541,800,000	687,900,000
Entergy Arkansas [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		1,100,000	3,300,000
Entergy Arkansas [Member] \| Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		136,900,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		7,500,000	4,000,000
Equity Securities, FV-NI	[1]	14,400,000	600,000
Debt Securities	[1]	107,200,000	108,700,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		266,000,000	113,300,000
Entergy Arkansas [Member] \| Fair Value Inputs Level 1 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Entergy Arkansas [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		0	0
Equity Securities, FV-NI	[1]	0	0
Debt Securities	[1]	310,600,000	304,100,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		310,600,000	304,100,000
Entergy Arkansas [Member] \| Fair Value, Inputs, Level 2 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Entergy Arkansas [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		0	0
Equity Securities, FV-NI	[1]	0	0
Debt Securities	[1]	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		1,100,000	3,300,000
Entergy Arkansas [Member] \| Fair Value, Inputs, Level 3 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		1,100,000	3,300,000
Entergy Texas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		159,683,000	12,904,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		26,116,000	37,720,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		186,100,000	51,500,000
Entergy Texas [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		300,000	900,000
Entergy Texas [Member] \| Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		159,700,000	12,900,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		26,100,000	37,700,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		185,800,000	50,600,000
Entergy Texas [Member] \| Fair Value Inputs Level 1 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Entergy Texas [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		0	0
Entergy Texas [Member] \| Fair Value, Inputs, Level 2 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		0	0
Entergy Texas [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		300,000	900,000
Entergy Texas [Member] \| Fair Value, Inputs, Level 3 [Member] \| Financial Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		300,000	900,000
System Energy [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		92,322,000	68,441,000
Assets at fair value on a recurring basis
Equity Securities, FV-NI	[1]	4,900,000	13,300,000
Debt Securities	[1]	408,000,000	386,200,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		1,020,700,000	1,122,500,000
System Energy [Member] \| Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Available-for-sale Securities	[2]	515,500,000	654,600,000
System Energy [Member] \| Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		92,300,000	68,400,000
Assets at fair value on a recurring basis
Equity Securities, FV-NI	[1]	4,900,000	13,300,000
Debt Securities	[1]	185,100,000	176,300,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		282,300,000	258,000,000
System Energy [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0	0
Assets at fair value on a recurring basis
Equity Securities, FV-NI	[1]	0	0
Debt Securities	[1]	222,900,000	209,900,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		222,900,000	209,900,000
System Energy [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0	0
Assets at fair value on a recurring basis
Equity Securities, FV-NI	[1]	0	0
Debt Securities	[1]	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure		$ 0	$ 0

[1]	(a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios.
[2]	(b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.

Risk Management and Fair Valu_8

Risk Management and Fair Values (Reconciliation Of Changes In The Net Assets (Liabilities) For The Fair Value Of Derivatives Classified As Level 3 In The Fair Value Hierarchy) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	$ 85
Electricity Swaps And Options [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	85		$ 118
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings	(18)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings		$ 5
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)	67	26
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(82)	(46)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value		(46)		$ (31)
Financial Transmission Rights (FTRs) [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	4	5	10	15
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings		0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	7	11
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(13)	(21)
Financial Transmission Rights (FTRs) [Member] \| Entergy Arkansas [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	1.1	1.1	3.3	3.4
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings		6.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	2.4
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(4.6)	(8.4)
Financial Transmission Rights (FTRs) [Member] \| Entergy Louisiana [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	1.9	2.8	4.5	8.3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings		3.3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	2.7
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(5.3)	(8.8)
Financial Transmission Rights (FTRs) [Member] \| Entergy Mississippi [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0.3	0.7	0.8	2.2
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included as Regulatory Liability/Asset	(0.6)	(0.4)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements		(1.1)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	(0.1)
Financial Transmission Rights (FTRs) [Member] \| Entergy New Orleans [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0.5	0.3	1.3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings		1.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	0.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(0.4)	(1.9)
Financial Transmission Rights (FTRs) [Member] \| Entergy Texas [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0.3		$ 0.9
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings		0.5
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	1.8
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	$ (2.4)	(0.3)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value		$ (0.3)		$ (0.5)

Risk Management and Fair Valu_9

Risk Management and Fair Values (Schedules Of Valuation Techniques) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)
Range from Average Percentage for Fair Value of Electricity Swaps	4.75%
Effect of Significant Unobservable Inputs on Fair Value of Electricity Swaps	$ 9
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	$ 85
Gas Hedge Contracts [Member] \| Entergy Louisiana [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	4 years
Gas Hedge Contracts [Member] \| Entergy Mississippi [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	7 months

Decommissioning Trust Funds (Na

Decommissioning Trust Funds (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Jan. 01, 2019
Debt Securities, Trading, Measurement Input	$ 521,000		$ 507,000
Decommissioning Trust Funds [Abstract]
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax				$ (6,806)
Deferred taxes on unrealized gains/(losses) recorded in OCI for non-regulated decommissioning trusts	8,743	$ 8,073
Amortized cost of debt securities	$ 2,382,000		2,366,000
Average coupon rate of debt securities	3.23%
Average duration of debt securities, years	6 years 8 months 23 days
Average maturity of debt securities, years	10 years 5 months 19 days
Proceeds from the dispositions of debt securities	$ 400,000	365,000
Gains from dispositions of debt securities, gross	14,000	2,000
Losses from dispositions of debt securities, gross	3,000	2,000
Debt Securities, Available-for-sale, Allowance for Credit Loss	3,000
Equity Securities, FV-NI, Unrealized Loss	(636,000)
Debt Securities [Member]
Decommissioning Trust Funds [Abstract]
Deferred taxes on unrealized gains/(losses) recorded in OCI for non-regulated decommissioning trusts	22,000		13,000
Entergy Arkansas [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 398,900		405,400
Average coupon rate of debt securities	2.73%
Average duration of debt securities, years	6 years 10 months 13 days
Average maturity of debt securities, years	8 years 4 months 9 days
Proceeds from the dispositions of debt securities	$ 48,600	10,900
Gains from dispositions of debt securities, gross	4,500	20
Losses from dispositions of debt securities, gross	200	100
Equity Securities, FV-NI, Unrealized Loss	(147,100)
Entergy Louisiana [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 568,400		573,000
Average coupon rate of debt securities	3.87%
Average duration of debt securities, years	6 years 10 months 6 days
Average maturity of debt securities, years	13 years 4 months 17 days
Proceeds from the dispositions of debt securities	$ 67,400	56,200
Gains from dispositions of debt securities, gross	2,900	300
Losses from dispositions of debt securities, gross	$ 600	200
Percentage Interest in River Bend	30.00%
Equity Securities, FV-NI, Unrealized Loss	$ (200,800)
System Energy [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 383,800		371,400
Average coupon rate of debt securities	2.91%
Average duration of debt securities, years	7 years 10 days
Average maturity of debt securities, years	10 years 8 months 12 days
Proceeds from the dispositions of debt securities	$ 92,000	42,100
Gains from dispositions of debt securities, gross	1,700	400
Losses from dispositions of debt securities, gross	200	$ 100
Equity Securities, FV-NI, Unrealized Loss	(140,000)
Indian Point 3 [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value	858,000		930,000
Indian Point 1 [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value	506,000		556,000
Indian Point 2 [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value	644,000		701,000
Palisades [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value	$ 493,000		$ 498,000

Decommissioning Trust Funds (Se

Decommissioning Trust Funds (Securities Held) (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Trading, Measurement Input	$ 521	$ 507
Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Fair Value	2,523	2,456
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	158	96
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	16	6
Entergy Arkansas [Member] \| Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Fair Value	417.8	412.8
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	20.4	9.9
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	1.4	2.6
Entergy Louisiana [Member] \| Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Fair Value	603	601.5
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	38.5	29.3
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	3.9	0.8
System Energy [Member] \| Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Fair Value	408	386.2
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	26.9	15.1
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	$ 2.7	$ 0.3

Decommissioning Trust Funds (Av

Decommissioning Trust Funds (Available For Sale Securities Continuous Unrealized Loss Position Fair Value) (Details) - Debt Securities [Member] - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	$ 411	$ 404
More than 12 months Fair Value	5	38
Total Fair Value	416	442
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	16	5
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	1
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	16	6
Entergy Arkansas [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	60.2	104.8
More than 12 months Fair Value	0	7.7
Total Fair Value	60.2	112.5
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	1.4	2.5
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	1.4	2.6
Entergy Louisiana [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	95.2	71.2
More than 12 months Fair Value	0.8	7.9
Total Fair Value	96	79.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	3.9	0.8
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	3.9	0.8
System Energy [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	52.3	56.9
More than 12 months Fair Value	0	0.3
Total Fair Value	52.3	57.2
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	2.7	0.3
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ 2.7	$ 0.3

Decommissioning Trust Funds (Fa

Decommissioning Trust Funds (Fair Value Of Debt Securities By Contractual Maturities) (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Fair value of debt securities by contractual maturities
Less than 1 year	$ 84	$ 128
1 year - 5 years	798	807
5 years - 10 years	686	666
10 years - 15 years	226	125
15 years - 20 years	129	126
20 years+	600	604
Total	2,523	2,456
Entergy Arkansas [Member]
Fair value of debt securities by contractual maturities
Less than 1 year	34.4	44.1
1 year - 5 years	108.2	109.1
5 years - 10 years	163	156
10 years - 15 years	43.8	31.3
15 years - 20 years	27.7	23.8
20 years+	40.7	48.5
Total	417.8	412.8
Entergy Louisiana [Member]
Fair value of debt securities by contractual maturities
Less than 1 year	10.4	40.7
1 year - 5 years	143.3	142
5 years - 10 years	133.8	132.4
10 years - 15 years	62.2	39.8
15 years - 20 years	54.6	49.2
20 years+	198.7	197.4
Total	603	601.5
System Energy [Member]
Fair value of debt securities by contractual maturities
Less than 1 year	17.4	8.5
1 year - 5 years	163.9	154.6
5 years - 10 years	96	92.3
10 years - 15 years	20.8	13.4
15 years - 20 years	6.7	14.4
20 years+	103.2	103
Total	$ 408	$ 386.2

Income Taxes Income Taxes (Narr

Income Taxes Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2022	Dec. 31, 2020
Income Tax Reconciliation Flow Through Permanent Differences	$ 24.7
Increase (Reduction) in income tax resulting from Act 55 financing settlement	32
Act 55 final recorded income tax reduction	58
Increase (Decrease) in Income Taxes	26
Subsequent Event [Member]
CARES Act Deferred Tax Expense			$ 64
CARES Act annual payroll tax installment due resulting from deferred tax payments		$ 32
Entergy Arkansas [Member]
Income Tax Reconciliation Flow Through Permanent Differences	4.8
Entergy Louisiana [Member]
Income Tax Reconciliation Flow Through Permanent Differences	8.6
Regulatory Charge for Hurricane Isaac Act 55 Tax Obligation to Customers	29
Regulatory Charge for Hurricane Isaac Act 55 Tax Obligation to Customers (Net-of-tax)	21
Entergy Mississippi [Member]
Income Tax Reconciliation Flow Through Permanent Differences	2.7
Entergy New Orleans [Member]
Income Tax Reconciliation Flow Through Permanent Differences	1.5
System Energy [Member]
Income Tax Reconciliation Flow Through Permanent Differences	1.3
Entergy Texas [Member]
Income Tax Reconciliation Flow Through Permanent Differences	$ 2.7

Income Taxes Income Taxes (Redu

Income Taxes Income Taxes (Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	$ 30	$ 61
Entergy Arkansas [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	13	32
Entergy Louisiana [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	8	7
Entergy New Orleans [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	3	0
Entergy Texas [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	$ 6	$ 22

Property, Plant, And Equipment

Property, Plant, And Equipment (Narrative) (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Construction expenditures in accounts payable	$ 367	$ 406
Entergy Arkansas [Member]
Construction expenditures in accounts payable	57.5	67.9
Entergy Louisiana [Member]
Construction expenditures in accounts payable	106.7	115.1
Entergy Mississippi [Member]
Construction expenditures in accounts payable	24.2	34.2
Entergy New Orleans [Member]
Construction expenditures in accounts payable	8.1	18.4
Entergy Texas [Member]
Construction expenditures in accounts payable	78.2	88.1
System Energy [Member]
Construction expenditures in accounts payable	$ 52.6	$ 23.2

Variable Interest Entities (Nar

Variable Interest Entities (Narrative) (Details) - System Energy [Member] - Grand Gulf [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Variable Interest Entity [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage	11.50%
Payments on lease, including interest	$ 8.6	$ 8.6

Revenue Recognition (Disaggrega

Revenue Recognition (Disaggregation of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,427,179	$ 2,609,584
Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	2,050,638	2,121,024
Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	43,976	54,948
Competitive Businesses [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	332,565	433,612
Residential [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	798,028	802,539
Commercial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	538,940	554,058
Industrial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	557,515	601,000
Governmental [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	52,582	52,960
Sales for Resale [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	53,725	84,435
Other Electric [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	50,166	15,470
Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	2,050,956	2,110,462
Non-Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	(318)	10,562
Non-Customer [Member] \| Competitive Businesses [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	116,563	73,141
Competitive Business Sales [Member] \| Competitive Businesses [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	216,002	360,471
Billed Retail [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	1,947,065	2,010,557
Entergy Arkansas [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	481,912	545,812
Entergy Arkansas [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	481,912	545,812
Entergy Arkansas [Member] \| Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Entergy Arkansas [Member] \| Residential [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	219,688	209,867
Entergy Arkansas [Member] \| Commercial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	111,245	124,578
Entergy Arkansas [Member] \| Industrial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	101,088	121,577
Entergy Arkansas [Member] \| Governmental [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	4,030	4,899
Entergy Arkansas [Member] \| Sales for Resale [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	41,140	79,584
Entergy Arkansas [Member] \| Other Electric [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	1,596	2,304
Entergy Arkansas [Member] \| Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	478,787	542,809
Entergy Arkansas [Member] \| Non-Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	3,125	3,003
Entergy Arkansas [Member] \| Billed Retail [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	436,051	460,921
Entergy Louisiana [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	930,647	959,330
Entergy Louisiana [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	912,541	936,693
Entergy Louisiana [Member] \| Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	18,106	22,637
Entergy Louisiana [Member] \| Residential [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	259,860	264,065
Entergy Louisiana [Member] \| Commercial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	202,246	206,779
Entergy Louisiana [Member] \| Industrial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	322,342	346,678
Entergy Louisiana [Member] \| Governmental [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	16,754	16,891
Entergy Louisiana [Member] \| Sales for Resale [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	78,530	83,955
Entergy Louisiana [Member] \| Other Electric [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	32,008	12,441
Entergy Louisiana [Member] \| Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	911,740	930,809
Entergy Louisiana [Member] \| Non-Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	801	5,884
Entergy Louisiana [Member] \| Billed Retail [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	801,202	834,413
Entergy Mississippi [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	293,922	282,244
Entergy Mississippi [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	293,922	282,244
Entergy Mississippi [Member] \| Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Entergy Mississippi [Member] \| Residential [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	127,102	128,809
Entergy Mississippi [Member] \| Commercial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	96,798	97,914
Entergy Mississippi [Member] \| Industrial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	36,390	37,697
Entergy Mississippi [Member] \| Governmental [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	10,327	10,036
Entergy Mississippi [Member] \| Sales for Resale [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	14,422	4,814
Entergy Mississippi [Member] \| Other Electric [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	6,443	405
Entergy Mississippi [Member] \| Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	291,482	279,675
Entergy Mississippi [Member] \| Non-Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	2,440	2,569
Entergy Mississippi [Member] \| Billed Retail [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	270,617	274,456
Entergy New Orleans [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	149,302	163,194
Entergy New Orleans [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	123,431	130,883
Entergy New Orleans [Member] \| Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	25,871	32,311
Entergy New Orleans [Member] \| Residential [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	50,899	52,076
Entergy New Orleans [Member] \| Commercial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	45,505	45,741
Entergy New Orleans [Member] \| Industrial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	7,347	7,250
Entergy New Orleans [Member] \| Governmental [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	15,851	15,901
Entergy New Orleans [Member] \| Sales for Resale [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	10,170	10,224
Entergy New Orleans [Member] \| Other Electric [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	763	(1,706)
Entergy New Orleans [Member] \| Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	130,535	129,486
Entergy New Orleans [Member] \| Non-Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	(7,104)	1,397
Entergy New Orleans [Member] \| Billed Retail [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	119,602	120,968
Entergy Texas [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	339,336	340,474
Entergy Texas [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	339,336	340,474
Entergy Texas [Member] \| Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Entergy Texas [Member] \| Residential [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	140,480	147,722
Entergy Texas [Member] \| Commercial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	83,146	79,046
Entergy Texas [Member] \| Industrial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	90,348	87,798
Entergy Texas [Member] \| Governmental [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	5,620	5,233
Entergy Texas [Member] \| Sales for Resale [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	8,629	16,775
Entergy Texas [Member] \| Other Electric [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	10,702	3,496
Entergy Texas [Member] \| Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	338,925	340,070
Entergy Texas [Member] \| Non-Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	411	404
Entergy Texas [Member] \| Billed Retail [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	319,594	319,799
System Energy [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 130,664	$ 140,104

Revenue Recognition Allowance f

Revenue Recognition Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Accounts Receivable, Allowance for Credit Loss, Current	$ 8,521	$ 7,404
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	6,600
Accounts Receivable, Allowance for Credit Loss, Writeoff	(8,400)
Accounts Receivable, Allowance for Credit Loss, Recovery	2,900
Entergy Arkansas [Member]
Accounts Receivable, Allowance for Credit Loss, Current	1,515	1,169
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	1,200
Accounts Receivable, Allowance for Credit Loss, Writeoff	(1,800)
Accounts Receivable, Allowance for Credit Loss, Recovery	900
Entergy Louisiana [Member]
Accounts Receivable, Allowance for Credit Loss, Current	2,452	1,902
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	3,000
Accounts Receivable, Allowance for Credit Loss, Writeoff	(3,500)
Accounts Receivable, Allowance for Credit Loss, Recovery	1,100
Entergy Mississippi [Member]
Accounts Receivable, Allowance for Credit Loss, Current	554	636
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	900
Accounts Receivable, Allowance for Credit Loss, Writeoff	(1,200)
Accounts Receivable, Allowance for Credit Loss, Recovery	300
Entergy New Orleans [Member]
Accounts Receivable, Allowance for Credit Loss, Current	3,387	3,226
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	800
Accounts Receivable, Allowance for Credit Loss, Writeoff	(800)
Accounts Receivable, Allowance for Credit Loss, Recovery	200
Entergy Texas [Member]
Accounts Receivable, Allowance for Credit Loss, Current	613	$ 471
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	700
Accounts Receivable, Allowance for Credit Loss, Writeoff	(1,100)
Accounts Receivable, Allowance for Credit Loss, Recovery	$ 500

Uncategorized Items - etr-03x31

Label	Element	Value
Common Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	$ 2,616,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2,700,000
Common Stock [Member] \| Entergy Texas [Member]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	us-gaap_ProfitLoss
Treasury Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(5,273,719,000)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(5,154,150,000)
Retained Earnings [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8,727,956,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9,257,190,000
Retained Earnings [Member] \| Entergy Texas [Member]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	us-gaap_ProfitLoss
Additional Paid-in Capital [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6,564,436,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5,951,431,000
Additional Paid-in Capital [Member] \| Entergy Texas [Member]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	us-gaap_ProfitLoss
AOCI Attributable to Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(563,979,000)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(446,920,000)
Subsidiaries Preferred Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	35,000,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Subsidiaries Preferred Stock [Member] \| Entergy Texas [Member]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	us-gaap_ProfitLoss
Accounting Standards Update 2016-13 [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(419,000)
Accounting Standards Update 2016-13 [Member] \| Common Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Update 2016-13 [Member] \| Treasury Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Update 2016-13 [Member] \| Retained Earnings [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(419,000)
Accounting Standards Update 2016-13 [Member] \| Additional Paid-in Capital [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Update 2016-13 [Member] \| AOCI Attributable to Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Update 2016-13 [Member] \| Subsidiaries Preferred Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Updates 2017-08 and 2017-12 [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Updates 2017-08 and 2017-12 [Member] \| Common Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Updates 2017-08 and 2017-12 [Member] \| Treasury Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Updates 2017-08 and 2017-12 [Member] \| Retained Earnings [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6,806,000
Accounting Standards Updates 2017-08 and 2017-12 [Member] \| Additional Paid-in Capital [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Updates 2017-08 and 2017-12 [Member] \| AOCI Attributable to Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(6,806,000)
Accounting Standards Updates 2017-08 and 2017-12 [Member] \| Subsidiaries Preferred Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	$ 0