Entergy Arkansas (EAI) 10-Q5 Aug 202020 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2020	Jul. 31, 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	Jun. 30, 2020
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
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		200,211,323
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		6 Months Ended
Consolidated Statements Of Income - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,412,788	$ 2,666,209	$ 4,839,967	$ 5,275,792
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	341,005	467,323	738,408	945,653
Nuclear refueling outage expenses	44,894	50,962	95,112	101,403
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	736,261	841,870	1,438,345	1,624,921
Asset Impairment Charges	6,775	16,419	11,870	90,397
Decommissioning	95,413	104,627	189,097	206,746
Taxes, Other	158,646	163,408	328,940	321,983
Other Depreciation and Amortization	403,769	363,496	803,478	720,770
Other regulatory charges (credits) - net	(25,247)	(26,532)	(32,925)	(43,478)
Costs and Expenses	1,973,477	2,327,434	4,000,900	4,653,763
OPERATING INCOME	439,311	338,775	839,067	622,029
OTHER INCOME
Allowance for equity funds used during construction	28,370	37,169	64,324	75,385
Investment Income, Net	284,823	96,218	67,969	324,367
Miscellaneous - net	(93,620)	(45,870)	(70,232)	(110,527)
TOTAL	219,573	87,517	62,061	289,225
INTEREST EXPENSE
Interest Expense, Debt	216,799	201,112	422,388	402,105
Allowance for borrowed funds used during construction	(12,143)	(16,811)	(27,587)	(34,260)
TOTAL	204,656	184,301	394,801	367,845
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	454,228	241,991	506,327	543,409
Income taxes	89,115	1,458	17,921	44,229
Consolidated net income	365,113	240,533	488,406	499,180
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	$ 4,580	$ 4,109	$ 9,159	$ 8,219
Earnings per average common share:
Basic (in dollars per share)	$ 1.80	$ 1.22	$ 2.40	$ 2.57
Diluted (in dollars per share)	$ 1.79	$ 1.22	$ 2.39	$ 2.54
Basic average number of common shares outstanding (in shares)	200,178,010	193,019,269	199,984,013	191,306,742
Diluted average number of common shares outstanding (in shares)	200,886,749	194,238,315	200,891,134	193,243,287
Net Income (Loss) Available to Common Stockholders, Basic	$ 360,533	$ 236,424	$ 479,247	$ 490,961
Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	2,190,557	2,345,727	4,241,196	4,466,751
Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	22,495	30,699	66,471	85,647
Competitive Businesses [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	199,736	289,783	532,300	723,394
Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	211,961	345,861	428,575	685,368
Entergy Mississippi [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	297,954	302,737	591,876	584,981
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	38,730	47,391	102,027	100,620
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	66,343	66,921	128,680	126,104
Taxes, Other	22,697	25,813	49,887	51,940
Other Depreciation and Amortization	52,296	39,718	103,451	78,806
Other regulatory charges (credits) - net	(6,496)	3,567	(10,377)	5,937
Costs and Expenses	230,249	257,130	482,990	508,582
OPERATING INCOME	67,705	45,607	108,886	76,399
OTHER INCOME
Allowance for equity funds used during construction	1,588	2,349	3,027	4,262
Investment Income, Net	135	397	255	549
Miscellaneous - net	(2,589)	(327)	(4,885)	(590)
TOTAL	(866)	2,419	(1,603)	4,221
INTEREST EXPENSE
Interest Expense, Debt	17,192	15,342	33,775	29,882
Allowance for borrowed funds used during construction	(634)	(1,006)	(1,185)	(1,791)
TOTAL	16,558	14,336	32,590	28,091
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	50,281	33,690	74,693	52,529
Income taxes	11,388	7,023	13,274	10,464
Consolidated net income	38,893	26,667	61,419	42,065
Entergy Mississippi [Member] \| Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	297,954	302,737	591,876	584,981
Entergy Mississippi [Member] \| Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Mississippi [Member] \| Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	56,679	73,720	109,322	145,175
Entergy Arkansas [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	491,767	542,929	973,679	1,088,741
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	52,692	108,596	140,103	260,755
Nuclear refueling outage expenses	13,552	17,194	29,799	34,442
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	164,770	188,006	316,627	354,466
Decommissioning	18,206	17,168	36,147	32,929
Taxes, Other	27,172	27,181	58,232	55,544
Other Depreciation and Amortization	84,538	77,061	168,059	152,908
Other regulatory charges (credits) - net	(19,283)	(10,336)	(39,284)	(9,891)
Costs and Expenses	383,818	473,155	797,895	976,496
OPERATING INCOME	107,949	69,774	175,784	112,245
OTHER INCOME
Allowance for equity funds used during construction	3,878	3,372	6,795	6,800
Investment Income, Net	8,246	4,222	16,184	10,405
Miscellaneous - net	(6,133)	(4,728)	(12,569)	(8,418)
TOTAL	5,991	2,866	10,410	8,787
INTEREST EXPENSE
Interest Expense, Debt	35,969	35,827	71,592	69,210
Allowance for borrowed funds used during construction	(1,703)	(1,329)	(2,984)	(2,743)
TOTAL	34,266	34,498	68,608	66,467
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	79,674	38,142	117,586	54,565
Income taxes	19,504	(12,157)	12,821	(34,855)
Consolidated net income	60,170	50,299	104,765	89,420
Entergy Arkansas [Member] \| Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	491,767	542,929	973,679	1,088,741
Entergy Arkansas [Member] \| Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Arkansas [Member] \| Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	42,171	48,285	88,212	95,343
Entergy Louisiana [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	1,011,652	1,106,317	1,942,299	2,065,647
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	161,610	220,472	306,102	367,821
Nuclear refueling outage expenses	13,654	13,391	27,284	26,199
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	226,216	250,835	448,874	476,723
Decommissioning	16,203	14,059	32,204	27,938
Taxes, Other	48,718	46,658	98,795	96,340
Other Depreciation and Amortization	154,255	130,246	299,390	256,380
Other regulatory charges (credits) - net	(19,202)	(33,878)	(8,070)	(61,538)
Costs and Expenses	755,240	864,797	1,519,108	1,670,183
OPERATING INCOME	256,412	241,520	423,191	395,464
OTHER INCOME
Allowance for equity funds used during construction	6,055	20,671	20,942	44,585
Investment Income, Net	93,807	49,498	74,138	121,484
Miscellaneous - net	(66,811)	(22,306)	(17,210)	(64,650)
TOTAL	33,051	47,863	77,870	101,419
INTEREST EXPENSE
Interest Expense, Debt	86,296	77,631	165,813	152,334
Allowance for borrowed funds used during construction	(3,202)	(9,737)	(10,334)	(21,104)
TOTAL	83,094	67,894	155,479	131,230
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	206,369	221,489	345,582	365,653
Income taxes	35,910	38,405	(14,273)	54,936
Consolidated net income	170,459	183,084	359,855	310,717
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	170,459	183,084	359,855	310,717
Entergy Louisiana [Member] \| Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	1,001,601	1,094,259	1,914,142	2,030,952
Entergy Louisiana [Member] \| Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	10,051	12,058	28,157	34,695
Entergy Louisiana [Member] \| Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	153,786	223,014	314,529	480,320
Entergy New Orleans [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	147,343	175,793	296,645	338,987
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	16,836	27,190	44,331	57,950
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	29,126	32,252	59,830	62,550
Taxes, Other	15,642	13,135	28,848	26,677
Other Depreciation and Amortization	15,626	14,226	30,701	28,390
Other regulatory charges (credits) - net	4,526	4,500	(1,210)	2,145
Costs and Expenses	139,741	158,284	276,952	305,342
OPERATING INCOME	7,602	17,509	19,693	33,645
OTHER INCOME
Allowance for equity funds used during construction	2,048	2,686	4,533	4,976
Investment Income, Net	43	64	96	243
Miscellaneous - net	168	(942)	(570)	(2,448)
TOTAL	2,259	1,808	4,059	2,771
INTEREST EXPENSE
Interest Expense, Debt	7,635	6,019	14,275	11,955
Allowance for borrowed funds used during construction	(985)	(1,073)	(2,180)	(1,987)
TOTAL	6,650	4,946	12,095	9,968
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	3,211	14,371	11,657	26,448
Income taxes	(1,718)	1,368	(4,458)	4,422
Consolidated net income	4,929	13,003	16,115	22,026
Entergy New Orleans [Member] \| Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	134,899	157,152	258,330	288,035
Entergy New Orleans [Member] \| Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	12,444	18,641	38,315	50,952
Entergy New Orleans [Member] \| Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	57,985	66,981	114,452	127,630
Entergy Texas [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	372,194	363,580	711,530	704,054
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	47,790	16,971	89,136	65,074
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	60,527	61,426	119,460	121,052
Taxes, Other	20,524	21,263	39,796	39,903
Other Depreciation and Amortization	43,835	37,312	86,401	74,349
Other regulatory charges (credits) - net	18,724	19,453	40,092	38,912
Costs and Expenses	315,751	327,558	619,027	651,291
OPERATING INCOME	56,443	36,022	92,503	52,763
OTHER INCOME
Allowance for equity funds used during construction	11,601	6,413	22,242	11,494
Investment Income, Net	343	374	772	2,056
Miscellaneous - net	(791)	1,228	(1,137)	865
TOTAL	11,153	8,015	21,877	14,415
INTEREST EXPENSE
Interest Expense, Debt	23,137	20,153	45,995	42,613
Allowance for borrowed funds used during construction	(4,985)	(3,256)	(9,558)	(5,836)
TOTAL	18,152	16,897	36,437	36,777
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	49,444	27,140	77,943	30,401
Income taxes	2,576	(11,796)	(1,632)	(29,877)
Consolidated net income	46,868	38,936	79,575	60,278
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	471	0	941	0
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	46,397	38,936	78,634	60,278
Entergy Texas [Member] \| Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	372,194	363,580	711,530	704,054
Entergy Texas [Member] \| Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Texas [Member] \| Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	124,351	171,133	244,142	312,001
System Energy [Member]
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	6,008	21,026	19,151	42,587
Nuclear refueling outage expenses	5,666	8,415	13,938	16,601
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	42,802	52,468	83,273	97,750
Decommissioning	9,248	8,888	18,405	17,687
Taxes, Other	7,105	7,176	15,078	14,715
Other Depreciation and Amortization	27,501	26,574	54,400	53,148
Other regulatory charges (credits) - net	(3,517)	(9,838)	(14,077)	(19,043)
Costs and Expenses	94,813	114,709	190,168	223,445
OPERATING INCOME	31,236	24,300	66,545	55,668
OTHER INCOME
Allowance for equity funds used during construction	3,200	1,678	6,784	3,267
Investment Income, Net	12,108	6,371	17,446	13,362
Miscellaneous - net	(2,157)	(1,490)	(4,617)	(2,718)
TOTAL	13,151	6,559	19,613	13,911
INTEREST EXPENSE
Interest Expense, Debt	8,534	8,524	17,074	17,921
Allowance for borrowed funds used during construction	(634)	(410)	(1,345)	(799)
TOTAL	7,900	8,114	15,729	17,122
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	36,487	22,745	70,429	52,457
Income taxes	7,496	(1,727)	12,925	4,407
Consolidated net income	28,991	24,472	57,504	48,050
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	28,991	24,472	57,504	48,050
System Energy [Member] \| Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	$ 126,049	$ 139,009	$ 256,713	$ 279,113

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Proceeds from Sale of Productive Assets	$ 0	$ 19,801
OPERATING ACTIVITIES
Consolidated net income	488,406	499,180
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	1,131,212	1,068,807
Deferred income taxes, investment tax credits, and non-current taxes accrued	68,332	225,749
Impairment of Long-Lived Assets Held-for-use	11,735	26,684
Changes in working capital:
Receivables	(30,990)	(127,259)
Fuel inventory	(19,897)	(13,346)
Accounts payable	(39,054)	(18,832)
Taxes accrued	44,469	(38,186)
Interest accrued	4,188	(144)
Deferred fuel costs	33,298	31,796
Other working capital accounts	(63,943)	(51,782)
Changes in provisions for estimated losses	(37,968)	4,719
Changes in other regulatory assets	74,610	(135,936)
Increase (Decrease) in Regulatory Liabilities	(164,158)	107,882
Changes in pension and other postretirement liabilities	(177,224)	(66,033)
Other Noncash Income (Expense)	125,291	(460,209)
Net cash flow provided by operating activities	1,448,307	1,053,090
INVESTING ACTIVITIES
Construction/capital expenditures	(2,185,294)	(2,095,520)
Allowance for equity funds used during construction	64,324	75,607
Nuclear fuel purchases	(113,592)	(54,523)
Payments for Nuclear Fuel	(113,592)	(54,523)
Payments to storm reserve escrow account	(1,965)	(4,623)
Receipts from storm reserve escrow account	40,589	0
Decrease in other investments	2,262	51,073
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	67,252	0
Proceeds from nuclear decommissioning trust fund sales	1,249,548	2,487,915
Investment in nuclear decommissioning trust funds	(1,309,209)	(2,523,805)
Proceeds from insurance	0	7,040
Changes in securitization account	12,525	12,034
Net cash flow used in investing activities	(2,198,193)	(2,025,001)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	5,201,010	5,391,547
Proceeds from Sale of Treasury Stock	41,753	57,797
Proceeds from Issuance of Common Stock	0	607,650
Retirement of long-term debt	(3,592,919)	(4,214,495)
Payments for Repurchase of Preferred Stock and Preference Stock	0	50,000
Changes in credit borrowings and commercial paper - net	(508)	(306,877)
Dividends paid:
Common stock	(371,914)	(345,452)
Preferred stock		(8,219)
Other	(8,448)	(5,106)
Net cash flow provided by financing activities	1,259,632	1,126,845
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	509,746	154,934
Cash and cash equivalents at beginning of period	425,722	480,975
Cash and cash equivalents at end of period	935,468	635,909
Cash paid / (received) during the period for:
Interest - net of amount capitalized	405,248	388,566
Income taxes	(10,007)	(6,967)
Payments to Acquire Buildings	(24,633)	0
Dividends Paid, Preferred Stock	(9,342)
Entergy Arkansas [Member]
OPERATING ACTIVITIES
Consolidated net income	104,765	89,420
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	243,126	231,968
Deferred income taxes, investment tax credits, and non-current taxes accrued	24,970	45,680
Changes in working capital:
Receivables	(10,360)	4,920
Fuel inventory	(12,704)	(4,707)
Accounts payable	(34,009)	(14,280)
Taxes accrued	(409)	(19,961)
Interest accrued	119	4,155
Deferred fuel costs	16,322	56,182
Other working capital accounts	(23,858)	23,275
Changes in provisions for estimated losses	998	11,619
Changes in other regulatory assets	(26,191)	(57,516)
Increase (Decrease) in Regulatory Liabilities	(50,637)	70,958
Changes in pension and other postretirement liabilities	(419)	(12,487)
Other Noncash Income (Expense)	55,318	(75,672)
Net cash flow provided by operating activities	287,031	353,554
INVESTING ACTIVITIES
Construction/capital expenditures	(406,940)	(309,696)
Allowance for equity funds used during construction	6,795	6,964
Change in money pool receivable - net	0	(25,166)
Nuclear fuel purchases	(57,781)	(6,691)
Payments for Nuclear Fuel	(57,781)	(6,691)
Proceeds from sale of nuclear fuel	18,107	22,834
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	55,001	0
Proceeds from nuclear decommissioning trust fund sales	183,474	83,407
Investment in nuclear decommissioning trust funds	(194,776)	(93,516)
Changes in securitization account	1,244	834
Net cash flow used in investing activities	(400,864)	(321,030)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	335,902	659,913
Retirement of long-term debt	(226,366)	(361,823)
Change in money pool payable - net	4,231	(182,738)
Dividends paid:
Common stock	0	(115,000)
Other	(880)	(1,052)
Net cash flow provided by financing activities	112,887	(700)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(946)	31,824
Cash and cash equivalents at beginning of period	3,519	119
Cash and cash equivalents at end of period	2,573	31,943
Cash paid / (received) during the period for:
Interest - net of amount capitalized	69,276	62,486
Payments to Acquire Buildings	(5,988)	0
Entergy Louisiana [Member]
OPERATING ACTIVITIES
Consolidated net income	359,855	310,717
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	392,286	316,343
Deferred income taxes, investment tax credits, and non-current taxes accrued	(1,353)	99,015
Changes in working capital:
Receivables	(38,175)	(75,330)
Fuel inventory	(2,233)	(1,651)
Accounts payable	(37,576)	(25,686)
Taxes accrued	91,662	46,654
Interest accrued	3,689	1,918
Deferred fuel costs	(763)	(40,096)
Other working capital accounts	(13,069)	(64,715)
Changes in provisions for estimated losses	(38,621)	1,612
Changes in other regulatory assets	48,536	(88,911)
Increase (Decrease) in Regulatory Liabilities	(42,203)	26,565
Changes in pension and other postretirement liabilities	(34,280)	(7,513)
Other Noncash Income (Expense)	39,034	(25,702)
Net cash flow provided by operating activities	726,789	473,220
INVESTING ACTIVITIES
Construction/capital expenditures	(690,049)	(900,264)
Allowance for equity funds used during construction	20,942	44,585
Change in money pool receivable - net	(87,635)	9,633
Nuclear fuel purchases	(24,086)	(63,026)
Payments for Nuclear Fuel	(24,086)	(63,026)
Proceeds from sale of nuclear fuel	35,041	0
Payments to storm reserve escrow account	(1,398)	(3,382)
Receipts from storm reserve escrow account	40,589	0
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	5,090	0
Proceeds from nuclear decommissioning trust fund sales	223,736	195,433
Investment in nuclear decommissioning trust funds	(240,559)	(211,083)
Proceeds from insurance	0	7,040
Changes in securitization account	755	406
Net cash flow used in investing activities	(732,085)	(920,658)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	1,401,887	1,883,990
Retirement of long-term debt	(826,456)	(1,332,807)
Change in money pool payable - net	(82,826)	0
Dividends paid:
Common stock	(16,500)	(102,000)
Other	(9,080)	(370)
Net cash flow provided by financing activities	467,025	448,813
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	461,729	1,375
Cash and cash equivalents at beginning of period	2,006	43,364
Cash and cash equivalents at end of period	463,735	44,739
Cash paid / (received) during the period for:
Interest - net of amount capitalized	157,926	146,256
Income taxes	(20,684)	0
Payments to Acquire Buildings	(14,511)	0
Entergy Mississippi [Member]
OPERATING ACTIVITIES
Consolidated net income	61,419	42,065
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	103,451	78,806
Deferred income taxes, investment tax credits, and non-current taxes accrued	13,126	19,924
Changes in working capital:
Receivables	7,076	(6,288)
Fuel inventory	(5,747)	(4,265)
Accounts payable	9,943	4,545
Taxes accrued	(34,195)	(46,815)
Interest accrued	1,399	2,022
Deferred fuel costs	(2,840)	26,126
Other working capital accounts	135	1,850
Changes in provisions for estimated losses	(1,782)	(6,274)
Changes in other regulatory assets	(28,290)	(13,248)
Increase (Decrease) in Regulatory Liabilities	(11,548)	(17,754)
Changes in pension and other postretirement liabilities	(5,353)	(3,323)
Other Noncash Income (Expense)	5,628	(6,402)
Net cash flow provided by operating activities	112,422	70,969
INVESTING ACTIVITIES
Construction/capital expenditures	(267,231)	(210,263)
Allowance for equity funds used during construction	3,027	4,262
Change in money pool receivable - net	31,382	(65,380)
Decrease in other investments	(163)	(310)
Net cash flow used in investing activities	(261,597)	(271,691)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	165,408	293,051
Dividends paid:
Common stock	(2,500)	0
Other	4,850	(4,835)
Net cash flow provided by financing activities	167,758	288,216
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	18,583	87,494
Cash and cash equivalents at beginning of period	51,601	36,954
Cash and cash equivalents at end of period	70,184	124,448
Cash paid / (received) during the period for:
Interest - net of amount capitalized	31,196	26,563
Payments to Acquire Buildings	(28,612)	0
Entergy New Orleans [Member]
OPERATING ACTIVITIES
Consolidated net income	16,115	22,026
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	30,701	28,390
Deferred income taxes, investment tax credits, and non-current taxes accrued	1,228	15,053
Changes in working capital:
Receivables	5,255	(9,614)
Fuel inventory	1,042	(336)
Accounts payable	(1,725)	(3,412)
Taxes accrued	1,887	(6,189)
Interest accrued	529	(289)
Deferred fuel costs	3,351	2,028
Other working capital accounts	(19,793)	(13,204)
Changes in provisions for estimated losses	1,521	399
Changes in other regulatory assets	3,508	(16,470)
Increase (Decrease) in Regulatory Liabilities	(14,151)	(8,574)
Changes in pension and other postretirement liabilities	(7,523)	(3,627)
Other Noncash Income (Expense)	2,715	23,184
Net cash flow provided by operating activities	24,660	29,365
INVESTING ACTIVITIES
Construction/capital expenditures	(114,961)	(105,545)
Allowance for equity funds used during construction	4,533	4,976
Change in money pool receivable - net	(586)	22,016
Payments to storm reserve escrow account	(405)	(931)
Changes in securitization account	451	768
Net cash flow used in investing activities	(112,552)	(78,716)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	138,939	0
Retirement of long-term debt	(25,616)	(5,420)
Change in money pool payable - net	0	36,303
Dividends paid:
Other	(703)	(910)
Net cash flow provided by financing activities	112,620	29,973
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	24,728	(19,378)
Cash and cash equivalents at beginning of period	6,017	19,677
Cash and cash equivalents at end of period	30,745	299
Cash paid / (received) during the period for:
Interest - net of amount capitalized	13,132	11,726
Income taxes	3,332	0
Payments to Acquire Buildings	(1,584)	0
Entergy Texas [Member]
OPERATING ACTIVITIES
Consolidated net income	79,575	60,278
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	86,401	74,349
Deferred income taxes, investment tax credits, and non-current taxes accrued	9,470	8,895
Changes in working capital:
Receivables	(20,524)	25,236
Fuel inventory	1,222	(589)
Accounts payable	(3,543)	(15,596)
Taxes accrued	(11,390)	(9,091)
Interest accrued	359	(7,787)
Deferred fuel costs	17,226	(12,445)
Other working capital accounts	9,928	1,998
Changes in provisions for estimated losses	91	(3,294)
Changes in other regulatory assets	50,347	28,742
Increase (Decrease) in Regulatory Liabilities	(23,947)	(50,817)
Changes in pension and other postretirement liabilities	(13,825)	(3,899)
Other Noncash Income (Expense)	(10,842)	10,897
Net cash flow provided by operating activities	170,548	106,877
INVESTING ACTIVITIES
Construction/capital expenditures	(495,560)	(424,229)
Allowance for equity funds used during construction	22,242	11,551
Change in money pool receivable - net	3,379	0
Changes in securitization account	10,075	10,027
Net cash flow used in investing activities	(464,795)	(402,651)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	194,256	691,808
Retirement of long-term debt	(43,376)	(541,442)
Change in money pool payable - net	0	146,275
Dividends paid:
Preferred stock	(1,124)	0
Other	(1,199)	924
Net cash flow provided by financing activities	323,557	297,565
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	29,310	1,791
Cash and cash equivalents at beginning of period	12,929	56
Cash and cash equivalents at end of period	42,239	1,847
Cash paid / (received) during the period for:
Interest - net of amount capitalized	44,683	49,229
Income taxes	4,031	2,292
Proceeds from Contributions from Parent	175,000	0
Payments to Acquire Buildings	(4,931)	0
System Energy [Member]
OPERATING ACTIVITIES
Consolidated net income	57,504	48,050
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	88,343	106,972
Deferred income taxes, investment tax credits, and non-current taxes accrued	517	4,799
Changes in working capital:
Receivables	18,213	(15,402)
Accounts payable	(18,591)	(6,770)
Taxes accrued	6,020	(3,196)
Interest accrued	(12)	(1,275)
Other working capital accounts	(41,850)	1,205
Changes in other regulatory assets	(21,072)	(7,238)
Increase (Decrease) in Regulatory Liabilities	(21,672)	87,502
Changes in pension and other postretirement liabilities	(5,354)	(2,121)
Other Noncash Income (Expense)	22,690	(82,150)
Net cash flow provided by operating activities	84,736	130,376
INVESTING ACTIVITIES
Construction/capital expenditures	(147,889)	(58,714)
Allowance for equity funds used during construction	6,784	3,267
Change in money pool receivable - net	59,298	35,588
Nuclear fuel purchases	(75,024)	(1,964)
Payments for Nuclear Fuel	(75,024)	(1,964)
Proceeds from sale of nuclear fuel	9,573	18,280
Proceeds from nuclear decommissioning trust fund sales	275,563	190,975
Investment in nuclear decommissioning trust funds	(286,018)	(200,909)
Net cash flow used in investing activities	(157,713)	(13,477)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	482,533	847,380
Retirement of long-term debt	(434,104)	(888,003)
Change in money pool payable - net	15,774	0
Dividends paid:
Common stock	(59,653)	(88,000)
Net cash flow provided by financing activities	4,550	(128,623)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(68,427)	(11,724)
Cash and cash equivalents at beginning of period	68,534	95,685
Cash and cash equivalents at end of period	107	83,961
Cash paid / (received) during the period for:
Interest - net of amount capitalized	8,589	12,462
Income taxes	$ (4,000)	$ 0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Cash and cash equivalents:
Cash	$ 55,510	$ 34,242
Temporary cash investments	879,958	391,480
Total cash and cash equivalents	935,468	425,722	$ 635,909	$ 480,975
Securitization recovery trust account	35,000	47,000
Accounts receivable:
Customer	636,351	595,509
Allowance for doubtful accounts	(43,281)	(7,404)
Other	119,703	219,870
Accrued unbilled revenues	464,647	400,617
Total accounts receivable	1,177,420	1,208,592
Fuel inventory - at average cost	165,373	145,476
Public Utilities, Inventory	870,935	824,989
Deferred nuclear refueling outage costs	154,779	157,568
Prepaid Expense and Other Assets, Current	243,021	283,645
TOTAL	3,546,996	3,045,992
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	6,486,595	6,404,030
Non-utility property - at cost (less accumulated depreciation)	337,849	332,864
Other	462,612	496,452
TOTAL	7,287,056	7,233,346
PROPERTY, PLANT, AND EQUIPMENT
Electric	56,494,877	54,271,467
Natural gas	559,217	547,110
Construction work in progress	2,143,909	2,823,291
Nuclear fuel	636,538	677,181
TOTAL PROPERTY, PLANT, AND EQUIPMENT	59,834,541	58,319,049
Less - accumulated depreciation and amortization	23,527,399	23,136,356
PROPERTY, PLANT, AND EQUIPMENT - NET	36,307,142	35,182,693
Regulatory assets:
Other regulatory assets	5,217,445	5,292,055
Deferred Fuel Cost Non Current	240,157	239,892
Goodwill	377,172	377,172
Deferred Income Tax Assets, Net	76,855	64,461
Other	312,479	288,301
Deferred Costs and Other Assets	6,224,108	6,261,881
TOTAL ASSETS	53,365,302	51,723,912
CURRENT LIABILITIES
Currently maturing long-term debt	1,205,015	795,012
Short-term borrowings	1,946,219	1,946,727
Accounts payable	1,509,355	1,499,861
Taxes Payable, Current	277,924	233,455
Interest accrued	198,317	194,129
Deferred fuel costs	231,250	197,687
Pension and other postretirement liabilities	60,538	66,184
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	62,818	76,457
Other	216,214	201,780
TOTAL	6,115,901	5,620,463
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	4,538,706	4,401,190
Accumulated deferred investment tax credits	202,981	207,113
Regulatory liability for income taxes - net	1,565,468	1,633,159
Other regulatory liabilities	1,878,177	1,961,005
Decommissioning and asset retirement cost liabilities	6,318,786	6,159,212
Loss Contingency Accrual	496,060	534,028
Pension and other postretirement liabilities	2,626,687	2,798,265
Long-term debt	18,278,358	17,078,643
Deferred Credits and Other Liabilities	663,780	852,749
TOTAL	36,569,003	35,625,364
Subsidiaries' preferred stock without sinking fund	219,410	219,410
Common Shareholders' Equity:
Common Stock, Value, Issued	2,700	2,700
Additional Paid in Capital, Common Stock	6,524,330	6,564,436
Accumulated other comprehensive loss	(388,604)	(446,920)	(430,404)	(557,173)
Less - treasury stock, at cost	5,076,961	5,154,150
TOTAL	10,425,988	10,223,675
Stockholders' Equity Attributable to Noncontrolling Interest	35,000	35,000
Retained Earnings (Accumulated Deficit)	9,364,523	9,257,609
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	10,460,988	10,258,675	9,797,503	8,844,305
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	53,365,302	51,723,912
Long-term Transition Bond, Noncurrent	$ 231,870	$ 297,981
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	500,000,000	500,000,000
Common Stock, Shares, Issued	270,035,180	270,035,180
Securitized Regulatory Transition Assets, Noncurrent	$ 183,566	$ 239,219
Contract with Customer, Liability, Current	408,251	409,171
Entergy Arkansas [Member]
Cash and cash equivalents:
Cash	2,563	3,519
Temporary cash investments	10	0
Total cash and cash equivalents	2,573	3,519	31,943	119
Securitization recovery trust account	2,792	4,036
Accounts receivable:
Customer	136,852	117,679
Allowance for doubtful accounts	(7,340)	(1,169)
Associated companies	37,835	29,178
Other	34,069	117,653
Accrued unbilled revenues	125,773	108,489
Total accounts receivable	327,189	371,830
Fuel inventory - at average cost	46,449	33,745
Public Utilities, Inventory	226,429	211,320
Deferred nuclear refueling outage costs	57,241	48,875
Prepaid Expense and Other Assets, Current	18,656	14,096
TOTAL	681,329	687,421
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,109,840	1,101,283
Other	343	345
TOTAL	1,110,183	1,101,628
PROPERTY, PLANT, AND EQUIPMENT
Electric	12,520,703	12,293,483
Construction work in progress	296,333	197,775
Nuclear fuel	167,409	195,547
TOTAL PROPERTY, PLANT, AND EQUIPMENT	12,984,445	12,686,805
Less - accumulated depreciation and amortization	5,137,471	5,019,826
PROPERTY, PLANT, AND EQUIPMENT - NET	7,846,974	7,666,979
Regulatory assets:
Other regulatory assets	1,693,041	1,666,850
Deferred Fuel Cost Non Current	67,955	67,690
Other	17,447	15,065
Deferred Costs and Other Assets	1,778,443	1,749,605
TOTAL ASSETS	11,416,929	11,205,633
CURRENT LIABILITIES
Currently maturing long-term debt	395,000	0
Associated companies accounts payable	77,265	111,785
Accounts payable	189,134	202,201
Taxes Payable, Current	81,422	81,831
Interest accrued	22,907	22,788
Deferred fuel costs	70,308	53,721
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	0	9,296
Other	42,901	38,760
TOTAL	980,612	621,793
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	1,221,140	1,183,126
Accumulated deferred investment tax credits	31,101	31,701
Regulatory liability for income taxes - net	466,850	478,174
Other regulatory liabilities	529,538	559,555
Decommissioning and asset retirement cost liabilities	1,276,988	1,242,616
Loss Contingency Accrual	64,878	63,880
Pension and other postretirement liabilities	318,642	319,075
Long-term debt	3,233,588	3,517,208
Deferred Credits and Other Liabilities	62,890	62,568
TOTAL	7,205,615	7,457,903
Common Shareholders' Equity:
Members' Equity	3,230,702	3,125,937
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	3,230,702	3,125,937	2,957,523	2,983,103
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	11,416,929	11,205,633
Long-term Transition Bond, Noncurrent	0	6,772
Securitized Regulatory Transition Assets, Noncurrent	0	1,706
Contract with Customer, Liability, Current	101,675	101,411
Entergy Louisiana [Member]
Cash and cash equivalents:
Cash	296	488
Temporary cash investments	463,439	1,518
Total cash and cash equivalents	463,735	2,006	44,739	43,364
Securitization recovery trust account	2,900	3,700
Accounts receivable:
Customer	238,585	194,869
Allowance for doubtful accounts	(14,516)	(1,902)
Associated companies	151,992	77,212
Other	47,547	42,179
Accrued unbilled revenues	183,761	169,201
Total accounts receivable	607,369	481,559
Fuel inventory - at average cost	43,846	41,613
Public Utilities, Inventory	378,623	354,020
Deferred nuclear refueling outage costs	32,382	56,743
Prepaid Expense and Other Assets, Current	54,725	37,837
Prepaid Taxes	0	7,959
TOTAL	1,580,680	981,737
Investments in and Advances to Affiliates, at Fair Value	1,390,587	1,390,587
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,565,006	1,563,812
Non-utility property - at cost (less accumulated depreciation)	317,337	312,896
Storm Reserve Escrow Account	256,684	295,875
Other	13,134	13,476
TOTAL	3,542,748	3,576,646
PROPERTY, PLANT, AND EQUIPMENT
Electric	23,763,970	22,620,365
Natural gas	241,943	235,678
Construction work in progress	670,116	1,383,603
Nuclear fuel	200,277	267,779
TOTAL PROPERTY, PLANT, AND EQUIPMENT	24,876,306	24,507,425
Less - accumulated depreciation and amortization	9,183,284	9,118,524
PROPERTY, PLANT, AND EQUIPMENT - NET	15,693,022	15,388,901
Regulatory assets:
Other regulatory assets	1,266,675	1,315,211
Deferred Fuel Cost Non Current	168,122	168,122
Other	30,258	33,491
Deferred Costs and Other Assets	1,465,055	1,516,824
TOTAL ASSETS	22,281,505	21,464,108
CURRENT LIABILITIES
Currently maturing long-term debt	560,002	320,002
Associated companies accounts payable	78,264	187,615
Accounts payable	493,796	357,206
Taxes Payable, Current	83,703	0
Interest accrued	91,433	87,744
Deferred fuel costs	54,882	55,645
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	31,138	31,138
Other	69,084	64,668
TOTAL	1,614,895	1,257,115
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	2,484,034	2,464,513
Accumulated deferred investment tax credits	109,723	112,128
Regulatory liability for income taxes - net	478,327	500,083
Other regulatory liabilities	773,693	794,140
Decommissioning and asset retirement cost liabilities	1,534,849	1,497,349
Loss Contingency Accrual	281,798	320,419
Pension and other postretirement liabilities	644,364	677,619
Long-term debt	7,319,739	6,983,667
Deferred Credits and Other Liabilities	291,111	459,957
TOTAL	13,917,638	13,809,875
Common Shareholders' Equity:
Accumulated other comprehensive loss	13,084	4,562
Members' Equity	6,735,888	6,392,556
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	6,748,972	6,397,118	6,109,672	5,902,918
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	22,281,505	21,464,108
Long-term Transition Bond, Noncurrent	22,610	33,220
Securitized Regulatory Transition Assets, Noncurrent	17,413	27,596
Contract with Customer, Liability, Current	152,593	153,097
Entergy Mississippi [Member]
Cash and cash equivalents:
Cash	12	11
Temporary cash investments	70,172	51,590
Total cash and cash equivalents	70,184	51,601	124,448	36,954
Accounts receivable:
Customer	82,289	92,050
Allowance for doubtful accounts	(7,195)	(636)
Associated companies	16,750	49,257
Other	9,549	14,986
Accrued unbilled revenues	63,232	47,426
Total accounts receivable	164,625	203,083
Fuel inventory - at average cost	20,886	15,139
Public Utilities, Inventory	54,604	57,972
Prepaid Expense and Other Assets, Current	10,622	7,149
TOTAL	320,921	334,944
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	4,552	4,560
Escrow accounts	80,365	80,201
TOTAL	84,917	84,761
PROPERTY, PLANT, AND EQUIPMENT
Electric	5,832,362	5,672,589
Construction work in progress	144,951	88,373
TOTAL PROPERTY, PLANT, AND EQUIPMENT	5,977,313	5,760,962
Less - accumulated depreciation and amortization	1,941,524	1,894,000
PROPERTY, PLANT, AND EQUIPMENT - NET	4,035,789	3,866,962
Regulatory assets:
Other regulatory assets	406,262	377,972
Other	16,269	10,105
Deferred Costs and Other Assets	422,531	388,077
TOTAL ASSETS	4,864,158	4,674,744
CURRENT LIABILITIES
Associated companies accounts payable	38,478	48,090
Accounts payable	101,418	94,729
Taxes Payable, Current	56,466	90,661
Interest accrued	20,299	18,900
Deferred fuel costs	67,562	70,402
Other	48,043	32,667
TOTAL	418,533	441,387
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	615,383	594,832
Accumulated deferred investment tax credits	9,522	9,602
Regulatory liability for income taxes - net	232,053	236,988
Other regulatory liabilities	14,899	21,512
Decommissioning and asset retirement cost liabilities	9,497	9,727
Loss Contingency Accrual	48,239	50,021
Pension and other postretirement liabilities	94,064	99,406
Long-term debt	1,780,040	1,614,129
Deferred Credits and Other Liabilities	40,858	54,989
TOTAL	2,844,555	2,691,206
Common Shareholders' Equity:
Members' Equity	1,601,070	1,542,151
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	1,601,070	1,542,151	1,334,291	1,292,226
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	4,864,158	4,674,744
Contract with Customer, Liability, Current	86,267	85,938
Entergy New Orleans [Member]
Cash and cash equivalents:
Cash	295	26
Temporary cash investments	30,450	5,991
Total cash and cash equivalents	30,745	6,017	299	19,677
Securitization recovery trust account	1,538	1,989
Accounts receivable:
Customer	51,468	48,265
Allowance for doubtful accounts	(8,382)	(3,226)
Associated companies	6,676	6,280
Other	4,076	7,378
Accrued unbilled revenues	25,643	25,453
Total accounts receivable	79,481	84,150
Fuel inventory - at average cost	878	1,920
Public Utilities, Inventory	15,003	13,522
Prepaid Expense and Other Assets, Current	11,898	4,846
TOTAL	139,543	112,444
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	1,016	1,016
Storm Reserve Escrow Account	83,010	82,605
TOTAL	84,026	83,621
PROPERTY, PLANT, AND EQUIPMENT
Electric	1,683,153	1,467,215
Natural gas	317,273	311,432
Construction work in progress	68,793	201,829
TOTAL PROPERTY, PLANT, AND EQUIPMENT	2,069,219	1,980,476
Less - accumulated depreciation and amortization	728,665	715,406
PROPERTY, PLANT, AND EQUIPMENT - NET	1,340,554	1,265,070
Regulatory assets:
Other regulatory assets	255,855	259,363
Deferred Fuel Cost Non Current	4,080	4,080
Other	19,187	10,720
Deferred Costs and Other Assets	279,122	274,163
TOTAL ASSETS	1,843,245	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	40,359	43,222
Accounts payable	39,837	43,963
Taxes Payable, Current	6,189	4,302
Interest accrued	7,445	6,916
Deferred fuel costs	8,269	4,918
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	3,663	9,470
Other	4,900	15,827
TOTAL	165,555	183,949
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	358,318	354,536
Accumulated deferred investment tax credits	2,100	2,131
Regulatory liability for income taxes - net	47,893	49,090
Decommissioning and asset retirement cost liabilities	3,643	3,522
Loss Contingency Accrual	90,063	88,542
Long-term debt	635,250	521,539
Notes Payable, Related Parties, Noncurrent	12,529	12,529
Deferred Credits and Other Liabilities	14,200	21,881
TOTAL	1,163,996	1,053,770
Common Shareholders' Equity:
Members' Equity	513,694	497,579
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	513,694	497,579	466,976	444,950
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,843,245	1,735,298
Long-term Transition Bond, Noncurrent	47,146	52,641
Securitized Regulatory Transition Assets, Noncurrent	43,790	49,542
Contract with Customer, Liability, Current	28,055	28,493
Entergy Texas [Member]
Cash and cash equivalents:
Cash	1,113	25
Temporary cash investments	41,126	12,904
Total cash and cash equivalents	42,239	12,929	1,847	56
Securitization recovery trust account	27,645	37,720
Accounts receivable:
Customer	77,596	59,365
Allowance for doubtful accounts	(5,848)	(471)
Associated companies	19,656	24,001
Other	9,496	17,050
Accrued unbilled revenues	66,238	50,048
Total accounts receivable	167,138	149,993
Fuel inventory - at average cost	46,371	47,593
Public Utilities, Inventory	46,404	46,056
Prepaid Expense and Other Assets, Current	11,801	21,012
TOTAL	341,598	315,303
OTHER PROPERTY AND INVESTMENTS
Investment in affiliates - at equity	373	396
Non-utility property - at cost (less accumulated depreciation)	376	376
Other	20,521	20,077
TOTAL	21,270	20,849
PROPERTY, PLANT, AND EQUIPMENT
Electric	5,515,459	5,199,027
Construction work in progress	854,846	760,354
TOTAL PROPERTY, PLANT, AND EQUIPMENT	6,370,305	5,959,381
Less - accumulated depreciation and amortization	1,816,733	1,770,852
PROPERTY, PLANT, AND EQUIPMENT - NET	4,553,572	4,188,529
Regulatory assets:
Other regulatory assets	462,301	512,648
Other	55,920	33,393
Deferred Costs and Other Assets	518,221	546,041
TOTAL ASSETS	5,434,661	5,070,722
CURRENT LIABILITIES
Currently maturing long-term debt	125,000	0
Associated companies accounts payable	49,231	58,055
Accounts payable	152,363	188,460
Taxes Payable, Current	38,318	49,708
Interest accrued	19,351	18,992
Deferred fuel costs	30,227	13,001
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	28,017	26,552
Other	12,248	10,521
TOTAL	494,416	405,521
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	603,479	585,413
Accumulated deferred investment tax credits	10,250	10,559
Regulatory liability for income taxes - net	204,006	225,980
Other regulatory liabilities	38,647	42,085
Decommissioning and asset retirement cost liabilities	7,844	7,631
Loss Contingency Accrual	8,199	8,108
Long-term debt	1,945,503	1,922,956
Deferred Credits and Other Liabilities	69,286	63,062
TOTAL	2,887,214	2,865,794
Common Shareholders' Equity:
Common Stock, Value, Issued	49,452	49,452
Additional Paid in Capital, Common Stock	955,172	780,182
TOTAL	2,018,031	1,764,407
Stockholders' Equity Attributable to Noncontrolling Interest	35,000	35,000
Retained Earnings (Accumulated Deficit)	1,013,407	934,773
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	2,053,031	1,799,407	1,482,680	1,422,402
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	5,434,661	5,070,722
Long-term Transition Bond, Noncurrent	$ 162,114	$ 205,349
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Shares, Issued	46,525,000	46,525,000
Securitized Regulatory Transition Assets, Noncurrent	$ 125,578	$ 160,375
Common Stock, Shares, Outstanding	46,525,000	46,525,000
Contract with Customer, Liability, Current	$ 39,661	$ 40,232
System Energy [Member]
Cash and cash equivalents:
Cash	107	93
Temporary cash investments	0	68,441
Total cash and cash equivalents	107	68,534	83,961	95,685
Accounts receivable:
Associated companies	48,658	121,972
Other	3,350	7,547
Total accounts receivable	52,008	129,519
Public Utilities, Inventory	118,094	108,766
Deferred nuclear refueling outage costs	46,294	14,493
Prepaid Expense and Other Assets, Current	6,767	6,045
TOTAL	223,270	327,357
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,059,540	1,054,098
TOTAL	1,059,540	1,054,098
PROPERTY, PLANT, AND EQUIPMENT
Electric	5,267,331	5,070,859
Construction work in progress	67,059	164,996
Nuclear fuel	201,890	149,574
TOTAL PROPERTY, PLANT, AND EQUIPMENT	5,536,280	5,385,429
Less - accumulated depreciation and amortization	3,306,393	3,285,487
PROPERTY, PLANT, AND EQUIPMENT - NET	2,229,887	2,099,942
Regulatory assets:
Other regulatory assets	511,155	490,083
Deferred Income Tax Assets, Net	0	8,023
Other	3,218	3,192
Deferred Costs and Other Assets	514,373	501,298
TOTAL ASSETS	4,027,070	3,982,695
CURRENT LIABILITIES
Currently maturing long-term debt	100,012	10
Associated companies accounts payable	25,772	14,619
Accounts payable	54,427	64,144
Taxes Payable, Current	19,852	13,832
Interest accrued	11,981	11,993
Other	3,382	3,381
TOTAL	215,426	107,979
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	820,699	821,963
Accumulated deferred investment tax credits	39,542	40,181
Regulatory liability for income taxes - net	136,339	142,845
Other regulatory liabilities	518,249	533,415
Decommissioning and asset retirement cost liabilities	950,135	931,729
Pension and other postretirement liabilities	104,462	109,816
Long-term debt	496,849	548,097
Deferred Credits and Other Liabilities	35,450	34,602
TOTAL	3,101,725	3,162,648
Common Shareholders' Equity:
Common Stock, Value, Issued	601,850	601,850
Retained Earnings (Accumulated Deficit)	108,069	110,218
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	709,919	712,068	$ 697,248	$ 737,198
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 4,027,070	$ 3,982,695
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 Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Securitization property	$ 183,566	$ 239,219
Securitization bonds	$ 231,870	$ 297,981
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	69,824,801	70,886,400
Entergy Arkansas [Member]
Securitization property	$ 0	$ 1,706
Securitization bonds	0	6,772
Entergy Louisiana [Member]
Securitization property	17,413	27,596
Securitization bonds	22,610	33,220
Entergy New Orleans [Member]
Securitization property	43,790	49,542
Securitization bonds	47,146	52,641
Entergy Texas [Member]
Securitization property	125,578	160,375
Securitization bonds	$ 162,114	$ 205,349
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
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 Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Net income	$ 365,113	$ 240,533	$ 488,406	$ 499,180
Other comprehensive income (loss)
Cash flow hedges net unrealized gain (loss)	(25,406)	94,982	(47,116)	82,556
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	17,224	11,496	71,123	23,046
Net unrealized investment gains	18,565	14,270	34,309	27,973
Other comprehensive income (loss)	10,383	120,748	58,316	133,575
Total comprehensive income	375,496	361,281	546,722	632,755
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,580	4,109	9,159	8,219
Comprehensive Income Attributable to Entergy Corporation	370,916	357,172	537,563	624,536
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	4,713	3,077	19,789	6,326
Other Comprehensive Income (Loss), Securities, Available-for-sale, Tax	10,812	8,096	19,555	16,169
Entergy Louisiana [Member]
Net income	170,459	183,084	359,855	310,717
Other comprehensive income (loss)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	(945)	(969)	8,522	(1,938)
Other comprehensive income (loss)	(945)	(969)	8,522	(1,938)
Total comprehensive income	169,514	182,115	368,377	308,779
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	(334)	(342)	3,006	(684)
Entergy Arkansas [Member]
Net income	$ 60,170	$ 50,299	$ 104,765	$ 89,420

Consolidated Statements Of Co_2

Consolidated Statements Of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax	$ (6,760)	$ 25,242	$ (12,537)	$ 19,890
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	4,713	3,077	19,789	6,326
Other Comprehensive Income (Loss), Securities, Available-for-sale, Tax	10,812	8,096	19,555	16,169
Entergy Louisiana [Member]
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ (334)	$ (342)	$ 3,006	$ (684)

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]	Entergy New Orleans [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)	$ 444,950	$ 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	9,023	23,578	23,578	0
Dividends, Common Stock, Cash	(172,591)	0	0	(172,591)	0	0	0								(49,000)	(49,000)	0		(45,500)	(45,500)	0
Dividends, Preferred Stock, Cash	(4,100)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,109)	(4,109)	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
Consolidated net income	499,180							60,278					42,065	89,420	310,717			22,026	48,050
Proceeds from Contributions from Parent								0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(8,219)							0
Other comprehensive income (loss)	133,575														(1,938)
Payments for Repurchase of Preferred Stock and Preference Stock	50,000
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	8,219							0
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)	453,973	715,276	113,426	601,850
Consolidated net income	240,533	4,109	0	236,424	0	0	0	38,936	0	0	38,936	0	26,667	50,299	183,084	183,084	0	13,003	24,472	24,472	0
Dividends, Common Stock, Cash	(172,861)	0	0	(172,861)	0	0	0							(115,000)	(53,000)	(53,000)	0		(42,500)	(42,500)	0
Dividends, Preferred Stock, Cash	(4,100)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,109)	(4,109)	0	0	0	0	0
Other comprehensive income (loss)	120,748	0	0	0	120,748	0	0								(969)	0	(969)
Stock Issued During Period, Value, New Issues	(607,650)	0	(607,566)	0	0	(84)	0
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs	(7)	0	(7)	0	0	0	0
Common stock issuances related to stock plans	(35,182)	0	(11,791)	0	0	0	(23,391)
Other															(14)	(14)	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,109							0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	9,797,503	0	6,539,533	8,873,465	(430,404)	2,700	(5,187,791)	1,482,680	0	596,994	836,234	49,452	1,334,291	2,957,523	6,109,672	6,117,763	(8,091)	466,976	697,248	95,398	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	497,579	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	11,186	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
Dividends, Preferred Stock, Cash	(4,100)							(470)	0	0	(470)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
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
Consolidated net income	488,406							79,575					61,419	104,765	359,855			16,115	57,504
Proceeds from Contributions from Parent								175,000
Payments of Ordinary Dividends, Preferred Stock and Preference Stock								(1,124)
Other comprehensive income (loss)	58,316														8,522
Payments for Repurchase of Preferred Stock and Preference Stock	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	9,159							941
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	508,765	726,928	125,078	601,850
Consolidated net income	365,113	4,580	0	360,533	0	0	0	46,868	0	0	46,868	0	38,893	60,170	170,459	170,459	0	4,929	28,991	28,991	0
Dividends, Common Stock, Cash	(186,151)	0	0	(186,151)	0	0	0								(5,000)	(5,000)	0		(46,000)	(46,000)	0
Dividends, Preferred Stock, Cash	(4,100)							(471)	0	0	(471)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	10,383	0	0	0	10,383	0	0								(945)	0	(945)
Common stock issuances related to stock plans	(17,256)	0	(13,647)	0	0	0	(3,609)
Other								(10)	0	(10)	0	0			(13)	(13)	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,580							471
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 10,460,988	$ 35,000	$ 6,524,330	$ 9,364,523	$ (388,604)	$ 2,700	$ (5,076,961)	$ 2,053,031	$ 35,000	$ 955,172	$ 1,013,407	$ 49,452	$ 1,601,070	$ 3,230,702	$ 6,748,972	$ 6,735,888	$ 13,084	$ 513,694	$ 709,919	$ 108,069	$ 601,850

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2020
Commitments And Contingencies	NOTE 1. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. 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	NOTE 1. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. 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	NOTE 1. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. 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	NOTE 1. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. 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	NOTE 1. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. 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	NOTE 1. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. 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	NOTE 1. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. 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	6 Months Ended
Rate And Regulatory Matters	Jun. 30, 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, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of 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 challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it is uncertain whether the IRS will allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. In addition, Entergy expects to concede System Energy’s nuclear decommissioning tax position with the IRS before the end of 2020, which should eliminate the basis of the ALJ’s initial decision regarding the uncertain tax position. Briefs on exceptions are scheduled for September 2020, and briefs opposing exceptions are scheduled for November 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. 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 Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months, June through September 2020. The MPSC approved this interim adjustment in May 2020 effective for June 2020 bills. 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. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The settlement is currently pending before the PUCT. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposes that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 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 APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021 and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 7.84% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $80.7 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $104.6 million to produce a target rate of return of 9.75% for the projected year and the historical year. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeds the constraint, the resulting increase is limited to $74.3 million. Also with this filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC is requested by mid-December 2020. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding delayed payment arrangements to assist customers during the pandemic. Entergy Arkansas is still evaluating the recovery provided for by the order and, therefore, did not record as of June 30, 2020 a regulatory asset for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. No procedural schedule has been established. 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. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. COVID-19 Orders In April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was extended until the first billing cycle after July 16, 2020. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of June 30, 2020, Entergy Louisiana recorded a regulatory asset of $10.7 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. 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. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 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. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. In April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2020, Entergy Mississippi recorded a regulatory asset of $6 million for costs associated with the COVID-19 pandemic. 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. On June 26, 2020, Entergy New Orleans filed a motion with the City Council to further delay the filing of its formula rate plan to August 13, 2020. In July 2020 the City Council issued an order approving the request. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. In May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2020, Entergy New Orleans recorded a regulatory asset of $4.8 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. 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 from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending a disallowance to Entergy Texas’s annual revenue requirement ranging from approximately $0.3 million to $4.1 million. In June 2020 the parties agreed to waive the hearing on the merits. The p arties have briefed the contested issues in this matter and are awaiting a proposal for decision. 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. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. In future proceedings the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. As of June 30, 2020, Entergy Texas recorded a regulatory asset of $4.1 million for costs associated with the COVID-19 pandemic. 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. In May 2020, Entergy and the LPSC both separately requested rehearing of the FERC’s April 2020 order partially granting the LPSC’s rehearing request. In June 2020 the FERC issued an order accepting the May 2018 true-up filing for the 2011-2014 rate filings. Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4 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 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. In July 2020 the APSC issued a decision concluding that the APSC was not preempted by the federal filed rate doctrine from considering the merits of Entergy Arkansas’s request, denying that the application is barred under the collateral estoppel aspect of res judicata, and finding that the application is not in the public interest. The order also directs Entergy Arkansas to refund to its retail customers within 30 days of the order the FERC-determined over-collection of $13.7 million, plus interest, associated with a recalculated bandwidth remedy. In addition to these primary findings, the order also denied the Attorney General’s request for Entergy Arkansas to prepare a compliance filing detailing all of the retail impacts from the opportunity sales and denied a request by the Arkansas Electric Energy Consumers to recalculate all costs using the revised responsibility ratio. Entergy Arkansas filed a motion for temporary stay of the 30-day requirement to allow Entergy Arkansas a reasonable opportunity to seek rehearing of the APSC order, but in July 2020 the APSC denied Entergy Arkansas’s request for a stay and directed Entergy Arkansas to refund to its retail ratepayers the component of the total FERC-determined opportunity sales payment that was associated with increased bandwidth remedy payments of $13.7 million, plus interest, by July 31, 2020. The APSC recognized Entergy Arkansas’s administrative limitations on processing the full refund by that date and stated that the refund shall be issued over the August 2020 billing cycle. While the APSC has denied Entergy Arkansas’s stay request, Entergy Arkansas believes its actions were prudent and, therefore, the costs are recoverable. In July 2020, Entergy Arkansas requested rehearing of the APSC order. 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 System Energy, 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. In May 2020 the FERC issued an order on rehearing of Opinion No. 569 (Opinion No. 569-A). In June 2020 the procedural schedule was further revised in order to allow parties to the System Energy proceeding to address the Opinion No. 569-A methodology. Pursuant to the revised schedule, in June 2020, the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569-A 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-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.97%; the MPSC and APSC argue for an authorized return on equity of 9.24%; and the FERC trial staff argues for an authorized return on equity of 9.49%. For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.78%; the MPSC and APSC argue that an authorized return on equity of 9.15% may be appropriate if the second complaint is not dismissed; and the FERC trial staff argues for an authorized return on equity of 9.09% if the second complaint is not dismissed. Pursuant to the revised procedural schedule, in July 2020, System Energy filed supplemental testimony addressing Opinion No. 569-A. System Energy argues that strict application of the Opinion No. 569-A methodology produces results inconsistent with investor requirements and does not provide a sound basis on which to evaluate System Energy’s authorized return on equity. As its primary recommendation, System Energy argues for the use of a methodology that incorporates four separate financial models, including the constant growth form of the discounted cash flow model and the empirical capital asset pricing model. Based on application of its recommended methodology, System Energy argues for an authorized return on equity of 10.12% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the Opinion No. 569-A methodology, System Energy calculates an authorized return on equity of 9.44% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the revised procedural schedule, System Energy’s supplemental testimony addressing Opinion No. 569-A is due in J
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, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of 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 challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it is uncertain whether the IRS will allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. In addition, Entergy expects to concede System Energy’s nuclear decommissioning tax position with the IRS before the end of 2020, which should eliminate the basis of the ALJ’s initial decision regarding the uncertain tax position. Briefs on exceptions are scheduled for September 2020, and briefs opposing exceptions are scheduled for November 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. 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 Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months, June through September 2020. The MPSC approved this interim adjustment in May 2020 effective for June 2020 bills. 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. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The settlement is currently pending before the PUCT. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposes that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 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 APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021 and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 7.84% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $80.7 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $104.6 million to produce a target rate of return of 9.75% for the projected year and the historical year. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeds the constraint, the resulting increase is limited to $74.3 million. Also with this filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC is requested by mid-December 2020. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding delayed payment arrangements to assist customers during the pandemic. Entergy Arkansas is still evaluating the recovery provided for by the order and, therefore, did not record as of June 30, 2020 a regulatory asset for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. No procedural schedule has been established. 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. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. COVID-19 Orders In April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was extended until the first billing cycle after July 16, 2020. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of June 30, 2020, Entergy Louisiana recorded a regulatory asset of $10.7 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. 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. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 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. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. In April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2020, Entergy Mississippi recorded a regulatory asset of $6 million for costs associated with the COVID-19 pandemic. 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. On June 26, 2020, Entergy New Orleans filed a motion with the City Council to further delay the filing of its formula rate plan to August 13, 2020. In July 2020 the City Council issued an order approving the request. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. In May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2020, Entergy New Orleans recorded a regulatory asset of $4.8 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. 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 from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending a disallowance to Entergy Texas’s annual revenue requirement ranging from approximately $0.3 million to $4.1 million. In June 2020 the parties agreed to waive the hearing on the merits. The p arties have briefed the contested issues in this matter and are awaiting a proposal for decision. 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. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. In future proceedings the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. As of June 30, 2020, Entergy Texas recorded a regulatory asset of $4.1 million for costs associated with the COVID-19 pandemic. 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. In May 2020, Entergy and the LPSC both separately requested rehearing of the FERC’s April 2020 order partially granting the LPSC’s rehearing request. In June 2020 the FERC issued an order accepting the May 2018 true-up filing for the 2011-2014 rate filings. Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4 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 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. In July 2020 the APSC issued a decision concluding that the APSC was not preempted by the federal filed rate doctrine from considering the merits of Entergy Arkansas’s request, denying that the application is barred under the collateral estoppel aspect of res judicata, and finding that the application is not in the public interest. The order also directs Entergy Arkansas to refund to its retail customers within 30 days of the order the FERC-determined over-collection of $13.7 million, plus interest, associated with a recalculated bandwidth remedy. In addition to these primary findings, the order also denied the Attorney General’s request for Entergy Arkansas to prepare a compliance filing detailing all of the retail impacts from the opportunity sales and denied a request by the Arkansas Electric Energy Consumers to recalculate all costs using the revised responsibility ratio. Entergy Arkansas filed a motion for temporary stay of the 30-day requirement to allow Entergy Arkansas a reasonable opportunity to seek rehearing of the APSC order, but in July 2020 the APSC denied Entergy Arkansas’s request for a stay and directed Entergy Arkansas to refund to its retail ratepayers the component of the total FERC-determined opportunity sales payment that was associated with increased bandwidth remedy payments of $13.7 million, plus interest, by July 31, 2020. The APSC recognized Entergy Arkansas’s administrative limitations on processing the full refund by that date and stated that the refund shall be issued over the August 2020 billing cycle. While the APSC has denied Entergy Arkansas’s stay request, Entergy Arkansas believes its actions were prudent and, therefore, the costs are recoverable. In July 2020, Entergy Arkansas requested rehearing of the APSC order. 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 System Energy, 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. In May 2020 the FERC issued an order on rehearing of Opinion No. 569 (Opinion No. 569-A). In June 2020 the procedural schedule was further revised in order to allow parties to the System Energy proceeding to address the Opinion No. 569-A methodology. Pursuant to the revised schedule, in June 2020, the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569-A 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-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.97%; the MPSC and APSC argue for an authorized return on equity of 9.24%; and the FERC trial staff argues for an authorized return on equity of 9.49%. For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.78%; the MPSC and APSC argue that an authorized return on equity of 9.15% may be appropriate if the second complaint is not dismissed; and the FERC trial staff argues for an authorized return on equity of 9.09% if the second complaint is not dismissed. Pursuant to the revised procedural schedule, in July 2020, System Energy filed supplemental testimony addressing Opinion No. 569-A. System Energy argues that strict application of the Opinion No. 569-A methodology produces results inconsistent with investor requirements and does not provide a sound basis on which to evaluate System Energy’s authorized return on equity. As its primary recommendation, System Energy argues for the use of a methodology that incorporates four separate financial models, including the constant growth form of the discounted cash flow model and the empirical capital asset pricing model. Based on application of its recommended methodology, System Energy argues for an authorized return on equity of 10.12% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the Opinion No. 569-A methodology, System Energy calculates an authorized return on equity of 9.44% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the revised procedural schedule, System Energy’s supplemental testimony addressing Opinion No. 569-A is due in J
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, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of 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 challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it is uncertain whether the IRS will allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. In addition, Entergy expects to concede System Energy’s nuclear decommissioning tax position with the IRS before the end of 2020, which should eliminate the basis of the ALJ’s initial decision regarding the uncertain tax position. Briefs on exceptions are scheduled for September 2020, and briefs opposing exceptions are scheduled for November 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. 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 Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months, June through September 2020. The MPSC approved this interim adjustment in May 2020 effective for June 2020 bills. 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. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The settlement is currently pending before the PUCT. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposes that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 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 APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021 and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 7.84% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $80.7 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $104.6 million to produce a target rate of return of 9.75% for the projected year and the historical year. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeds the constraint, the resulting increase is limited to $74.3 million. Also with this filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC is requested by mid-December 2020. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding delayed payment arrangements to assist customers during the pandemic. Entergy Arkansas is still evaluating the recovery provided for by the order and, therefore, did not record as of June 30, 2020 a regulatory asset for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. No procedural schedule has been established. 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. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. COVID-19 Orders In April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was extended until the first billing cycle after July 16, 2020. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of June 30, 2020, Entergy Louisiana recorded a regulatory asset of $10.7 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. 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. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 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. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. In April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2020, Entergy Mississippi recorded a regulatory asset of $6 million for costs associated with the COVID-19 pandemic. 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. On June 26, 2020, Entergy New Orleans filed a motion with the City Council to further delay the filing of its formula rate plan to August 13, 2020. In July 2020 the City Council issued an order approving the request. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. In May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2020, Entergy New Orleans recorded a regulatory asset of $4.8 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. 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 from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending a disallowance to Entergy Texas’s annual revenue requirement ranging from approximately $0.3 million to $4.1 million. In June 2020 the parties agreed to waive the hearing on the merits. The p arties have briefed the contested issues in this matter and are awaiting a proposal for decision. 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. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. In future proceedings the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. As of June 30, 2020, Entergy Texas recorded a regulatory asset of $4.1 million for costs associated with the COVID-19 pandemic. 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. In May 2020, Entergy and the LPSC both separately requested rehearing of the FERC’s April 2020 order partially granting the LPSC’s rehearing request. In June 2020 the FERC issued an order accepting the May 2018 true-up filing for the 2011-2014 rate filings. Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4 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 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. In July 2020 the APSC issued a decision concluding that the APSC was not preempted by the federal filed rate doctrine from considering the merits of Entergy Arkansas’s request, denying that the application is barred under the collateral estoppel aspect of res judicata, and finding that the application is not in the public interest. The order also directs Entergy Arkansas to refund to its retail customers within 30 days of the order the FERC-determined over-collection of $13.7 million, plus interest, associated with a recalculated bandwidth remedy. In addition to these primary findings, the order also denied the Attorney General’s request for Entergy Arkansas to prepare a compliance filing detailing all of the retail impacts from the opportunity sales and denied a request by the Arkansas Electric Energy Consumers to recalculate all costs using the revised responsibility ratio. Entergy Arkansas filed a motion for temporary stay of the 30-day requirement to allow Entergy Arkansas a reasonable opportunity to seek rehearing of the APSC order, but in July 2020 the APSC denied Entergy Arkansas’s request for a stay and directed Entergy Arkansas to refund to its retail ratepayers the component of the total FERC-determined opportunity sales payment that was associated with increased bandwidth remedy payments of $13.7 million, plus interest, by July 31, 2020. The APSC recognized Entergy Arkansas’s administrative limitations on processing the full refund by that date and stated that the refund shall be issued over the August 2020 billing cycle. While the APSC has denied Entergy Arkansas’s stay request, Entergy Arkansas believes its actions were prudent and, therefore, the costs are recoverable. In July 2020, Entergy Arkansas requested rehearing of the APSC order. 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 System Energy, 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. In May 2020 the FERC issued an order on rehearing of Opinion No. 569 (Opinion No. 569-A). In June 2020 the procedural schedule was further revised in order to allow parties to the System Energy proceeding to address the Opinion No. 569-A methodology. Pursuant to the revised schedule, in June 2020, the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569-A 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-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.97%; the MPSC and APSC argue for an authorized return on equity of 9.24%; and the FERC trial staff argues for an authorized return on equity of 9.49%. For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.78%; the MPSC and APSC argue that an authorized return on equity of 9.15% may be appropriate if the second complaint is not dismissed; and the FERC trial staff argues for an authorized return on equity of 9.09% if the second complaint is not dismissed. Pursuant to the revised procedural schedule, in July 2020, System Energy filed supplemental testimony addressing Opinion No. 569-A. System Energy argues that strict application of the Opinion No. 569-A methodology produces results inconsistent with investor requirements and does not provide a sound basis on which to evaluate System Energy’s authorized return on equity. As its primary recommendation, System Energy argues for the use of a methodology that incorporates four separate financial models, including the constant growth form of the discounted cash flow model and the empirical capital asset pricing model. Based on application of its recommended methodology, System Energy argues for an authorized return on equity of 10.12% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the Opinion No. 569-A methodology, System Energy calculates an authorized return on equity of 9.44% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the revised procedural schedule, System Energy’s supplemental testimony addressing Opinion No. 569-A is due in J
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, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of 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 challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it is uncertain whether the IRS will allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. In addition, Entergy expects to concede System Energy’s nuclear decommissioning tax position with the IRS before the end of 2020, which should eliminate the basis of the ALJ’s initial decision regarding the uncertain tax position. Briefs on exceptions are scheduled for September 2020, and briefs opposing exceptions are scheduled for November 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. 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 Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months, June through September 2020. The MPSC approved this interim adjustment in May 2020 effective for June 2020 bills. 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. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The settlement is currently pending before the PUCT. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposes that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 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 APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021 and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 7.84% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $80.7 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $104.6 million to produce a target rate of return of 9.75% for the projected year and the historical year. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeds the constraint, the resulting increase is limited to $74.3 million. Also with this filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC is requested by mid-December 2020. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding delayed payment arrangements to assist customers during the pandemic. Entergy Arkansas is still evaluating the recovery provided for by the order and, therefore, did not record as of June 30, 2020 a regulatory asset for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. No procedural schedule has been established. 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. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. COVID-19 Orders In April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was extended until the first billing cycle after July 16, 2020. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of June 30, 2020, Entergy Louisiana recorded a regulatory asset of $10.7 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. 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. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 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. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. In April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2020, Entergy Mississippi recorded a regulatory asset of $6 million for costs associated with the COVID-19 pandemic. 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. On June 26, 2020, Entergy New Orleans filed a motion with the City Council to further delay the filing of its formula rate plan to August 13, 2020. In July 2020 the City Council issued an order approving the request. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. In May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2020, Entergy New Orleans recorded a regulatory asset of $4.8 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. 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 from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending a disallowance to Entergy Texas’s annual revenue requirement ranging from approximately $0.3 million to $4.1 million. In June 2020 the parties agreed to waive the hearing on the merits. The p arties have briefed the contested issues in this matter and are awaiting a proposal for decision. 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. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. In future proceedings the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. As of June 30, 2020, Entergy Texas recorded a regulatory asset of $4.1 million for costs associated with the COVID-19 pandemic. 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. In May 2020, Entergy and the LPSC both separately requested rehearing of the FERC’s April 2020 order partially granting the LPSC’s rehearing request. In June 2020 the FERC issued an order accepting the May 2018 true-up filing for the 2011-2014 rate filings. Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4 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 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. In July 2020 the APSC issued a decision concluding that the APSC was not preempted by the federal filed rate doctrine from considering the merits of Entergy Arkansas’s request, denying that the application is barred under the collateral estoppel aspect of res judicata, and finding that the application is not in the public interest. The order also directs Entergy Arkansas to refund to its retail customers within 30 days of the order the FERC-determined over-collection of $13.7 million, plus interest, associated with a recalculated bandwidth remedy. In addition to these primary findings, the order also denied the Attorney General’s request for Entergy Arkansas to prepare a compliance filing detailing all of the retail impacts from the opportunity sales and denied a request by the Arkansas Electric Energy Consumers to recalculate all costs using the revised responsibility ratio. Entergy Arkansas filed a motion for temporary stay of the 30-day requirement to allow Entergy Arkansas a reasonable opportunity to seek rehearing of the APSC order, but in July 2020 the APSC denied Entergy Arkansas’s request for a stay and directed Entergy Arkansas to refund to its retail ratepayers the component of the total FERC-determined opportunity sales payment that was associated with increased bandwidth remedy payments of $13.7 million, plus interest, by July 31, 2020. The APSC recognized Entergy Arkansas’s administrative limitations on processing the full refund by that date and stated that the refund shall be issued over the August 2020 billing cycle. While the APSC has denied Entergy Arkansas’s stay request, Entergy Arkansas believes its actions were prudent and, therefore, the costs are recoverable. In July 2020, Entergy Arkansas requested rehearing of the APSC order. 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 System Energy, 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. In May 2020 the FERC issued an order on rehearing of Opinion No. 569 (Opinion No. 569-A). In June 2020 the procedural schedule was further revised in order to allow parties to the System Energy proceeding to address the Opinion No. 569-A methodology. Pursuant to the revised schedule, in June 2020, the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569-A 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-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.97%; the MPSC and APSC argue for an authorized return on equity of 9.24%; and the FERC trial staff argues for an authorized return on equity of 9.49%. For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.78%; the MPSC and APSC argue that an authorized return on equity of 9.15% may be appropriate if the second complaint is not dismissed; and the FERC trial staff argues for an authorized return on equity of 9.09% if the second complaint is not dismissed. Pursuant to the revised procedural schedule, in July 2020, System Energy filed supplemental testimony addressing Opinion No. 569-A. System Energy argues that strict application of the Opinion No. 569-A methodology produces results inconsistent with investor requirements and does not provide a sound basis on which to evaluate System Energy’s authorized return on equity. As its primary recommendation, System Energy argues for the use of a methodology that incorporates four separate financial models, including the constant growth form of the discounted cash flow model and the empirical capital asset pricing model. Based on application of its recommended methodology, System Energy argues for an authorized return on equity of 10.12% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the Opinion No. 569-A methodology, System Energy calculates an authorized return on equity of 9.44% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the revised procedural schedule, System Energy’s supplemental testimony addressing Opinion No. 569-A is due in J
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, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of 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 challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it is uncertain whether the IRS will allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. In addition, Entergy expects to concede System Energy’s nuclear decommissioning tax position with the IRS before the end of 2020, which should eliminate the basis of the ALJ’s initial decision regarding the uncertain tax position. Briefs on exceptions are scheduled for September 2020, and briefs opposing exceptions are scheduled for November 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. 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 Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months, June through September 2020. The MPSC approved this interim adjustment in May 2020 effective for June 2020 bills. 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. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The settlement is currently pending before the PUCT. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposes that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 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 APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021 and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 7.84% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $80.7 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $104.6 million to produce a target rate of return of 9.75% for the projected year and the historical year. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeds the constraint, the resulting increase is limited to $74.3 million. Also with this filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC is requested by mid-December 2020. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding delayed payment arrangements to assist customers during the pandemic. Entergy Arkansas is still evaluating the recovery provided for by the order and, therefore, did not record as of June 30, 2020 a regulatory asset for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. No procedural schedule has been established. 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. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. COVID-19 Orders In April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was extended until the first billing cycle after July 16, 2020. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of June 30, 2020, Entergy Louisiana recorded a regulatory asset of $10.7 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. 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. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 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. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. In April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2020, Entergy Mississippi recorded a regulatory asset of $6 million for costs associated with the COVID-19 pandemic. 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. On June 26, 2020, Entergy New Orleans filed a motion with the City Council to further delay the filing of its formula rate plan to August 13, 2020. In July 2020 the City Council issued an order approving the request. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. In May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2020, Entergy New Orleans recorded a regulatory asset of $4.8 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. 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 from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending a disallowance to Entergy Texas’s annual revenue requirement ranging from approximately $0.3 million to $4.1 million. In June 2020 the parties agreed to waive the hearing on the merits. The p arties have briefed the contested issues in this matter and are awaiting a proposal for decision. 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. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. In future proceedings the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. As of June 30, 2020, Entergy Texas recorded a regulatory asset of $4.1 million for costs associated with the COVID-19 pandemic. 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. In May 2020, Entergy and the LPSC both separately requested rehearing of the FERC’s April 2020 order partially granting the LPSC’s rehearing request. In June 2020 the FERC issued an order accepting the May 2018 true-up filing for the 2011-2014 rate filings. Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4 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 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. In July 2020 the APSC issued a decision concluding that the APSC was not preempted by the federal filed rate doctrine from considering the merits of Entergy Arkansas’s request, denying that the application is barred under the collateral estoppel aspect of res judicata, and finding that the application is not in the public interest. The order also directs Entergy Arkansas to refund to its retail customers within 30 days of the order the FERC-determined over-collection of $13.7 million, plus interest, associated with a recalculated bandwidth remedy. In addition to these primary findings, the order also denied the Attorney General’s request for Entergy Arkansas to prepare a compliance filing detailing all of the retail impacts from the opportunity sales and denied a request by the Arkansas Electric Energy Consumers to recalculate all costs using the revised responsibility ratio. Entergy Arkansas filed a motion for temporary stay of the 30-day requirement to allow Entergy Arkansas a reasonable opportunity to seek rehearing of the APSC order, but in July 2020 the APSC denied Entergy Arkansas’s request for a stay and directed Entergy Arkansas to refund to its retail ratepayers the component of the total FERC-determined opportunity sales payment that was associated with increased bandwidth remedy payments of $13.7 million, plus interest, by July 31, 2020. The APSC recognized Entergy Arkansas’s administrative limitations on processing the full refund by that date and stated that the refund shall be issued over the August 2020 billing cycle. While the APSC has denied Entergy Arkansas’s stay request, Entergy Arkansas believes its actions were prudent and, therefore, the costs are recoverable. In July 2020, Entergy Arkansas requested rehearing of the APSC order. 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 System Energy, 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. In May 2020 the FERC issued an order on rehearing of Opinion No. 569 (Opinion No. 569-A). In June 2020 the procedural schedule was further revised in order to allow parties to the System Energy proceeding to address the Opinion No. 569-A methodology. Pursuant to the revised schedule, in June 2020, the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569-A 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-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.97%; the MPSC and APSC argue for an authorized return on equity of 9.24%; and the FERC trial staff argues for an authorized return on equity of 9.49%. For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.78%; the MPSC and APSC argue that an authorized return on equity of 9.15% may be appropriate if the second complaint is not dismissed; and the FERC trial staff argues for an authorized return on equity of 9.09% if the second complaint is not dismissed. Pursuant to the revised procedural schedule, in July 2020, System Energy filed supplemental testimony addressing Opinion No. 569-A. System Energy argues that strict application of the Opinion No. 569-A methodology produces results inconsistent with investor requirements and does not provide a sound basis on which to evaluate System Energy’s authorized return on equity. As its primary recommendation, System Energy argues for the use of a methodology that incorporates four separate financial models, including the constant growth form of the discounted cash flow model and the empirical capital asset pricing model. Based on application of its recommended methodology, System Energy argues for an authorized return on equity of 10.12% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the Opinion No. 569-A methodology, System Energy calculates an authorized return on equity of 9.44% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the revised procedural schedule, System Energy’s supplemental testimony addressing Opinion No. 569-A is due in J
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, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of 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 challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it is uncertain whether the IRS will allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. In addition, Entergy expects to concede System Energy’s nuclear decommissioning tax position with the IRS before the end of 2020, which should eliminate the basis of the ALJ’s initial decision regarding the uncertain tax position. Briefs on exceptions are scheduled for September 2020, and briefs opposing exceptions are scheduled for November 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. 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 Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months, June through September 2020. The MPSC approved this interim adjustment in May 2020 effective for June 2020 bills. 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. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The settlement is currently pending before the PUCT. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposes that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 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 APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021 and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 7.84% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $80.7 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $104.6 million to produce a target rate of return of 9.75% for the projected year and the historical year. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeds the constraint, the resulting increase is limited to $74.3 million. Also with this filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC is requested by mid-December 2020. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding delayed payment arrangements to assist customers during the pandemic. Entergy Arkansas is still evaluating the recovery provided for by the order and, therefore, did not record as of June 30, 2020 a regulatory asset for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. No procedural schedule has been established. 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. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. COVID-19 Orders In April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was extended until the first billing cycle after July 16, 2020. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of June 30, 2020, Entergy Louisiana recorded a regulatory asset of $10.7 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. 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. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 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. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. In April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2020, Entergy Mississippi recorded a regulatory asset of $6 million for costs associated with the COVID-19 pandemic. 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. On June 26, 2020, Entergy New Orleans filed a motion with the City Council to further delay the filing of its formula rate plan to August 13, 2020. In July 2020 the City Council issued an order approving the request. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. In May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2020, Entergy New Orleans recorded a regulatory asset of $4.8 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. 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 from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending a disallowance to Entergy Texas’s annual revenue requirement ranging from approximately $0.3 million to $4.1 million. In June 2020 the parties agreed to waive the hearing on the merits. The p arties have briefed the contested issues in this matter and are awaiting a proposal for decision. 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. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. In future proceedings the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. As of June 30, 2020, Entergy Texas recorded a regulatory asset of $4.1 million for costs associated with the COVID-19 pandemic. 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. In May 2020, Entergy and the LPSC both separately requested rehearing of the FERC’s April 2020 order partially granting the LPSC’s rehearing request. In June 2020 the FERC issued an order accepting the May 2018 true-up filing for the 2011-2014 rate filings. Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4 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 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. In July 2020 the APSC issued a decision concluding that the APSC was not preempted by the federal filed rate doctrine from considering the merits of Entergy Arkansas’s request, denying that the application is barred under the collateral estoppel aspect of res judicata, and finding that the application is not in the public interest. The order also directs Entergy Arkansas to refund to its retail customers within 30 days of the order the FERC-determined over-collection of $13.7 million, plus interest, associated with a recalculated bandwidth remedy. In addition to these primary findings, the order also denied the Attorney General’s request for Entergy Arkansas to prepare a compliance filing detailing all of the retail impacts from the opportunity sales and denied a request by the Arkansas Electric Energy Consumers to recalculate all costs using the revised responsibility ratio. Entergy Arkansas filed a motion for temporary stay of the 30-day requirement to allow Entergy Arkansas a reasonable opportunity to seek rehearing of the APSC order, but in July 2020 the APSC denied Entergy Arkansas’s request for a stay and directed Entergy Arkansas to refund to its retail ratepayers the component of the total FERC-determined opportunity sales payment that was associated with increased bandwidth remedy payments of $13.7 million, plus interest, by July 31, 2020. The APSC recognized Entergy Arkansas’s administrative limitations on processing the full refund by that date and stated that the refund shall be issued over the August 2020 billing cycle. While the APSC has denied Entergy Arkansas’s stay request, Entergy Arkansas believes its actions were prudent and, therefore, the costs are recoverable. In July 2020, Entergy Arkansas requested rehearing of the APSC order. 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 System Energy, 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. In May 2020 the FERC issued an order on rehearing of Opinion No. 569 (Opinion No. 569-A). In June 2020 the procedural schedule was further revised in order to allow parties to the System Energy proceeding to address the Opinion No. 569-A methodology. Pursuant to the revised schedule, in June 2020, the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569-A 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-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.97%; the MPSC and APSC argue for an authorized return on equity of 9.24%; and the FERC trial staff argues for an authorized return on equity of 9.49%. For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.78%; the MPSC and APSC argue that an authorized return on equity of 9.15% may be appropriate if the second complaint is not dismissed; and the FERC trial staff argues for an authorized return on equity of 9.09% if the second complaint is not dismissed. Pursuant to the revised procedural schedule, in July 2020, System Energy filed supplemental testimony addressing Opinion No. 569-A. System Energy argues that strict application of the Opinion No. 569-A methodology produces results inconsistent with investor requirements and does not provide a sound basis on which to evaluate System Energy’s authorized return on equity. As its primary recommendation, System Energy argues for the use of a methodology that incorporates four separate financial models, including the constant growth form of the discounted cash flow model and the empirical capital asset pricing model. Based on application of its recommended methodology, System Energy argues for an authorized return on equity of 10.12% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the Opinion No. 569-A methodology, System Energy calculates an authorized return on equity of 9.44% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the revised procedural schedule, System Energy’s supplemental testimony addressing Opinion No. 569-A is due in J
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, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of 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 challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it is uncertain whether the IRS will allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. System Energy plans to file briefs on exceptions to the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. In addition, Entergy expects to concede System Energy’s nuclear decommissioning tax position with the IRS before the end of 2020, which should eliminate the basis of the ALJ’s initial decision regarding the uncertain tax position. Briefs on exceptions are scheduled for September 2020, and briefs opposing exceptions are scheduled for November 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. 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 Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months, June through September 2020. The MPSC approved this interim adjustment in May 2020 effective for June 2020 bills. 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. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The settlement is currently pending before the PUCT. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposes that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 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 APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021 and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 7.84% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $80.7 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $104.6 million to produce a target rate of return of 9.75% for the projected year and the historical year. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeds the constraint, the resulting increase is limited to $74.3 million. Also with this filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC is requested by mid-December 2020. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding delayed payment arrangements to assist customers during the pandemic. Entergy Arkansas is still evaluating the recovery provided for by the order and, therefore, did not record as of June 30, 2020 a regulatory asset for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. No procedural schedule has been established. 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. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. COVID-19 Orders In April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was extended until the first billing cycle after July 16, 2020. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of June 30, 2020, Entergy Louisiana recorded a regulatory asset of $10.7 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. 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. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 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. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. In April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2020, Entergy Mississippi recorded a regulatory asset of $6 million for costs associated with the COVID-19 pandemic. 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. On June 26, 2020, Entergy New Orleans filed a motion with the City Council to further delay the filing of its formula rate plan to August 13, 2020. In July 2020 the City Council issued an order approving the request. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. In May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2020, Entergy New Orleans recorded a regulatory asset of $4.8 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. 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 from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending a disallowance to Entergy Texas’s annual revenue requirement ranging from approximately $0.3 million to $4.1 million. In June 2020 the parties agreed to waive the hearing on the merits. The p arties have briefed the contested issues in this matter and are awaiting a proposal for decision. 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. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. In future proceedings the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. As of June 30, 2020, Entergy Texas recorded a regulatory asset of $4.1 million for costs associated with the COVID-19 pandemic. 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. In May 2020, Entergy and the LPSC both separately requested rehearing of the FERC’s April 2020 order partially granting the LPSC’s rehearing request. In June 2020 the FERC issued an order accepting the May 2018 true-up filing for the 2011-2014 rate filings. Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4 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 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. In July 2020 the APSC issued a decision concluding that the APSC was not preempted by the federal filed rate doctrine from considering the merits of Entergy Arkansas’s request, denying that the application is barred under the collateral estoppel aspect of res judicata, and finding that the application is not in the public interest. The order also directs Entergy Arkansas to refund to its retail customers within 30 days of the order the FERC-determined over-collection of $13.7 million, plus interest, associated with a recalculated bandwidth remedy. In addition to these primary findings, the order also denied the Attorney General’s request for Entergy Arkansas to prepare a compliance filing detailing all of the retail impacts from the opportunity sales and denied a request by the Arkansas Electric Energy Consumers to recalculate all costs using the revised responsibility ratio. Entergy Arkansas filed a motion for temporary stay of the 30-day requirement to allow Entergy Arkansas a reasonable opportunity to seek rehearing of the APSC order, but in July 2020 the APSC denied Entergy Arkansas’s request for a stay and directed Entergy Arkansas to refund to its retail ratepayers the component of the total FERC-determined opportunity sales payment that was associated with increased bandwidth remedy payments of $13.7 million, plus interest, by July 31, 2020. The APSC recognized Entergy Arkansas’s administrative limitations on processing the full refund by that date and stated that the refund shall be issued over the August 2020 billing cycle. While the APSC has denied Entergy Arkansas’s stay request, Entergy Arkansas believes its actions were prudent and, therefore, the costs are recoverable. In July 2020, Entergy Arkansas requested rehearing of the APSC order. 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 System Energy, 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. In May 2020 the FERC issued an order on rehearing of Opinion No. 569 (Opinion No. 569-A). In June 2020 the procedural schedule was further revised in order to allow parties to the System Energy proceeding to address the Opinion No. 569-A methodology. Pursuant to the revised schedule, in June 2020, the LPSC, the MPSC and APSC, and the FERC trial staff filed supplemental testimony addressing Opinion No. 569-A 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-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.97%; the MPSC and APSC argue for an authorized return on equity of 9.24%; and the FERC trial staff argues for an authorized return on equity of 9.49%. For the second refund period and on a prospective basis, based on their respective interpretations and applications of the Opinion No. 569-A methodology, the LPSC argues for an authorized return on equity for System Energy of 7.78%; the MPSC and APSC argue that an authorized return on equity of 9.15% may be appropriate if the second complaint is not dismissed; and the FERC trial staff argues for an authorized return on equity of 9.09% if the second complaint is not dismissed. Pursuant to the revised procedural schedule, in July 2020, System Energy filed supplemental testimony addressing Opinion No. 569-A. System Energy argues that strict application of the Opinion No. 569-A methodology produces results inconsistent with investor requirements and does not provide a sound basis on which to evaluate System Energy’s authorized return on equity. As its primary recommendation, System Energy argues for the use of a methodology that incorporates four separate financial models, including the constant growth form of the discounted cash flow model and the empirical capital asset pricing model. Based on application of its recommended methodology, System Energy argues for an authorized return on equity of 10.12% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the Opinion No. 569-A methodology, System Energy calculates an authorized return on equity of 9.44% for the first refund period, which also falls within the presumptively just and reasonable range calculated for the second refund period and prospectively. Under the revised procedural schedule, System Energy’s supplemental testimony addressing Opinion No. 569-A is due in J

Equity

Equity	6 Months Ended
Equity	Jun. 30, 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 June 30, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $360.5 200.2 $1.80 $236.4 193.0 $1.22 Average dilutive effect of: Stock options 0.3 — 0.5 — Other equity plans 0.4 (0.01) 0.7 — Diluted earnings per share $360.5 200.9 $1.79 $236.4 194.2 $1.22 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 June 30, 2020. For the Six Months Ended June 30, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $479.2 200.0 $2.40 $491.0 191.3 $2.57 Average dilutive effect of: Stock options 0.5 (0.01) 0.5 (0.01) Other equity plans 0.4 — 0.6 (0.01) Equity forwards — — 0.8 (0.01) Diluted earnings per share $479.2 200.9 $2.39 $491.0 193.2 $2.54 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 six months ended June 30, 2020 and approximately 0.3 million for the six months ended June 30, 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 June 30, 2020 and $0.91 for the three months ended June 30, 2019. Dividends declared per common share were $1.86 for the six months ended June 30, 2020 and $1.82 for the six months ended June 30, 2019. Treasury Stock During the six months ended June 30, 2020, Entergy Corporation issued 1,061,599 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 six months ended June 30, 2020. Retained Earnings On July 31, 2020, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.93 per share, payable on September 1, 2020, to holders of record as of August 13, 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 June 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2020 $62,496 ($503,173) $41,690 ($398,987) Other comprehensive income (loss) before reclassifications 4,890 — 22,545 27,435 Amounts reclassified from accumulated other comprehensive income (loss) (30,296) 17,224 (3,980) (17,052) Net other comprehensive income (loss) for the period (25,406) 17,224 18,565 10,383 Ending balance, June 30, 2020 $37,090 ($485,949) $60,255 ($388,604) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2019 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2019 ($43,246) ($520,372) $12,466 ($551,152) Other comprehensive income (loss) before reclassifications 99,359 — 15,834 115,193 Amounts reclassified from accumulated other comprehensive income (loss) (4,377) 11,496 (1,564) 5,555 Net other comprehensive income (loss) for the period 94,982 11,496 14,270 120,748 Ending balance, June 30, 2019 $51,736 ($508,876) $26,736 ($430,404) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2020 $84,206 ($557,072) $25,946 ($446,920) Other comprehensive income (loss) before reclassifications 97,373 34,349 40,258 171,980 Amounts reclassified from accumulated other comprehensive income (loss) (144,489) 36,774 (5,949) (113,664) Net other comprehensive income (loss) for the period (47,116) 71,123 34,309 58,316 Ending balance, June 30, 2020 $37,090 ($485,949) $60,255 ($388,604) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2019 by component: Cash flow Pension Net Total (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 127,670 — 29,373 157,043 Amounts reclassified from accumulated other comprehensive income (loss) (45,114) 23,046 (1,400) (23,468) Net other comprehensive income (loss) for the period 82,556 23,046 27,973 133,575 Ending balance, June 30, 2019 $51,736 ($508,876) $26,736 ($430,404) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2020 and 2019: Pension and Other 2020 2019 (In Thousands) Beginning balance, April 1, $14,029 ($7,122) Amounts reclassified from accumulated other comprehensive income (loss) (945) (969) Net other comprehensive income (loss) for the period (945) (969) Ending balance, June 30, $13,084 ($8,091) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 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 comprehensive income (loss) (1,528) (1,938) Net other comprehensive income (loss) for the period 8,522 (1,938) Ending balance, June 30, $13,084 ($8,091) Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended June 30, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $25,086 $5,589 Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges 25,038 5,541 Income taxes 5,258 (1,164) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $30,296 $4,377 Pension and other postretirement liabilities Amortization of prior-service credit $5,682 $5,325 (a) Amortization of loss (27,619) (18,980) (a) Settlement loss — (918) (a) Total amortization (21,937) (14,573) Income taxes 4,713 3,077 Income taxes Total amortization (net of tax) ($17,224) ($11,496) Net unrealized investment gain (loss) Realized gain (loss) $6,297 $2,475 Interest and investment income Income taxes (2,317) (911) Income taxes Total realized investment gain (loss) (net of tax) $3,980 $1,564 Total reclassifications for the period (net of tax) $17,052 ($5,555) (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 for the six months ended June 30, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $119,509 $57,204 Competitive business operating revenues Interest rate swaps (97) (97) Miscellaneous - net Total realized gain (loss) on cash flow hedges 119,412 57,107 Income taxes 25,077 (11,993) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $144,489 $45,114 Pension and other postretirement liabilities Amortization of prior-service credit $9,401 $10,652 (a) Amortization of loss (54,937) (37,969) (a) Settlement loss — (2,055) (a) Total amortization (45,536) (29,372) Income taxes 8,762 6,326 Income taxes Total amortization (net of tax) ($36,774) ($23,046) Net unrealized investment gain (loss) Realized gain (loss) $9,413 $2,216 Interest and investment income Income taxes (3,464) (816) Income taxes Total realized investment gain (loss) (net of tax) $5,949 $1,400 Total reclassifications for the period (net of tax) $113,664 $23,468 (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 June 30, 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 $1,698 $1,837 (a) Amortization of loss (419) (526) (a) Total amortization 1,279 1,311 Income taxes (334) (342) Income taxes Total amortization (net of tax) 945 969 Total reclassifications for the period (net of tax) $945 $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. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the six months ended June 30, 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 $2,787 $3,674 (a) Amortization of loss (720) (1,052) (a) Total amortization 2,067 2,622 Income taxes (539) (684) Income taxes Total amortization (net of tax) 1,528 1,938 Total reclassifications for the period (net of tax) $1,528 $1,938 (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 June 30, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $360.5 200.2 $1.80 $236.4 193.0 $1.22 Average dilutive effect of: Stock options 0.3 — 0.5 — Other equity plans 0.4 (0.01) 0.7 — Diluted earnings per share $360.5 200.9 $1.79 $236.4 194.2 $1.22 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 June 30, 2020. For the Six Months Ended June 30, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $479.2 200.0 $2.40 $491.0 191.3 $2.57 Average dilutive effect of: Stock options 0.5 (0.01) 0.5 (0.01) Other equity plans 0.4 — 0.6 (0.01) Equity forwards — — 0.8 (0.01) Diluted earnings per share $479.2 200.9 $2.39 $491.0 193.2 $2.54 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 six months ended June 30, 2020 and approximately 0.3 million for the six months ended June 30, 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 June 30, 2020 and $0.91 for the three months ended June 30, 2019. Dividends declared per common share were $1.86 for the six months ended June 30, 2020 and $1.82 for the six months ended June 30, 2019. Treasury Stock During the six months ended June 30, 2020, Entergy Corporation issued 1,061,599 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 six months ended June 30, 2020. Retained Earnings On July 31, 2020, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.93 per share, payable on September 1, 2020, to holders of record as of August 13, 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 June 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2020 $62,496 ($503,173) $41,690 ($398,987) Other comprehensive income (loss) before reclassifications 4,890 — 22,545 27,435 Amounts reclassified from accumulated other comprehensive income (loss) (30,296) 17,224 (3,980) (17,052) Net other comprehensive income (loss) for the period (25,406) 17,224 18,565 10,383 Ending balance, June 30, 2020 $37,090 ($485,949) $60,255 ($388,604) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2019 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2019 ($43,246) ($520,372) $12,466 ($551,152) Other comprehensive income (loss) before reclassifications 99,359 — 15,834 115,193 Amounts reclassified from accumulated other comprehensive income (loss) (4,377) 11,496 (1,564) 5,555 Net other comprehensive income (loss) for the period 94,982 11,496 14,270 120,748 Ending balance, June 30, 2019 $51,736 ($508,876) $26,736 ($430,404) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2020 $84,206 ($557,072) $25,946 ($446,920) Other comprehensive income (loss) before reclassifications 97,373 34,349 40,258 171,980 Amounts reclassified from accumulated other comprehensive income (loss) (144,489) 36,774 (5,949) (113,664) Net other comprehensive income (loss) for the period (47,116) 71,123 34,309 58,316 Ending balance, June 30, 2020 $37,090 ($485,949) $60,255 ($388,604) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2019 by component: Cash flow Pension Net Total (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 127,670 — 29,373 157,043 Amounts reclassified from accumulated other comprehensive income (loss) (45,114) 23,046 (1,400) (23,468) Net other comprehensive income (loss) for the period 82,556 23,046 27,973 133,575 Ending balance, June 30, 2019 $51,736 ($508,876) $26,736 ($430,404) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2020 and 2019: Pension and Other 2020 2019 (In Thousands) Beginning balance, April 1, $14,029 ($7,122) Amounts reclassified from accumulated other comprehensive income (loss) (945) (969) Net other comprehensive income (loss) for the period (945) (969) Ending balance, June 30, $13,084 ($8,091) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 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 comprehensive income (loss) (1,528) (1,938) Net other comprehensive income (loss) for the period 8,522 (1,938) Ending balance, June 30, $13,084 ($8,091) Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended June 30, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $25,086 $5,589 Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges 25,038 5,541 Income taxes 5,258 (1,164) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $30,296 $4,377 Pension and other postretirement liabilities Amortization of prior-service credit $5,682 $5,325 (a) Amortization of loss (27,619) (18,980) (a) Settlement loss — (918) (a) Total amortization (21,937) (14,573) Income taxes 4,713 3,077 Income taxes Total amortization (net of tax) ($17,224) ($11,496) Net unrealized investment gain (loss) Realized gain (loss) $6,297 $2,475 Interest and investment income Income taxes (2,317) (911) Income taxes Total realized investment gain (loss) (net of tax) $3,980 $1,564 Total reclassifications for the period (net of tax) $17,052 ($5,555) (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 for the six months ended June 30, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $119,509 $57,204 Competitive business operating revenues Interest rate swaps (97) (97) Miscellaneous - net Total realized gain (loss) on cash flow hedges 119,412 57,107 Income taxes 25,077 (11,993) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $144,489 $45,114 Pension and other postretirement liabilities Amortization of prior-service credit $9,401 $10,652 (a) Amortization of loss (54,937) (37,969) (a) Settlement loss — (2,055) (a) Total amortization (45,536) (29,372) Income taxes 8,762 6,326 Income taxes Total amortization (net of tax) ($36,774) ($23,046) Net unrealized investment gain (loss) Realized gain (loss) $9,413 $2,216 Interest and investment income Income taxes (3,464) (816) Income taxes Total realized investment gain (loss) (net of tax) $5,949 $1,400 Total reclassifications for the period (net of tax) $113,664 $23,468 (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 June 30, 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 $1,698 $1,837 (a) Amortization of loss (419) (526) (a) Total amortization 1,279 1,311 Income taxes (334) (342) Income taxes Total amortization (net of tax) 945 969 Total reclassifications for the period (net of tax) $945 $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. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the six months ended June 30, 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 $2,787 $3,674 (a) Amortization of loss (720) (1,052) (a) Total amortization 2,067 2,622 Income taxes (539) (684) Income taxes Total amortization (net of tax) 1,528 1,938 Total reclassifications for the period (net of tax) $1,528 $1,938 (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	6 Months Ended
	Jun. 30, 2020
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	NOTE 4. 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 six months ended June 30, 2020 was 2.62% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of June 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $160 $6 $3,334 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. As of June 30, 2020, Entergy Corporation had approximately $1,946 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2020 was 2.01%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $20 million (b) 2.91% $— $— Entergy Arkansas September 2024 $150 million (c) 2.91% $— $— Entergy Louisiana September 2024 $350 million (c) 2.91% $— $— Entergy Mississippi April 2021 $37.5 million (d) 3.28% $— $— Entergy Mississippi April 2021 $35 million (d) 3.28% $— $— Entergy Mississippi April 2021 $10 million (d) 3.28% $— $— Entergy New Orleans November 2021 $25 million (c) 3.06% $— $0.8 million Entergy Texas September 2024 $150 million (c) 3.28% $— $1.3 million (a) The interest rate is the estimated interest rate as of June 30, 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. In July 2020 the amount of the credit facility was increased to $25 million. (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 primarily 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 June 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $15.5 million Entergy Mississippi $65 million 0.78% $2.5 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.2 million (a) As of June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2020, in addition to the $2.5 million MISO letter of credit, Entergy Mississippi has $7.1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16 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 June 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.14% $23.7 Entergy Louisiana River Bend VIE September 2021 $105 2.19% $44.1 Entergy Louisiana Waterford VIE September 2021 $105 2.31% $16.2 System Energy VIE September 2021 $120 1.91% $80.1 (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 June 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 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 July 2020, Entergy Louisiana River Bend VIE issued $70 million of 2.51% Series V intermediate term secured notes due June 2027. Entergy Louisiana River Bend VIE expects to use the proceeds to redeem $70 million of 3.38% Series R intermediate term secured notes due August 2020. 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 Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used 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 used 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 Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds 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 used 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 used 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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (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	NOTE 4. 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 six months ended June 30, 2020 was 2.62% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of June 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $160 $6 $3,334 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. As of June 30, 2020, Entergy Corporation had approximately $1,946 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2020 was 2.01%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $20 million (b) 2.91% $— $— Entergy Arkansas September 2024 $150 million (c) 2.91% $— $— Entergy Louisiana September 2024 $350 million (c) 2.91% $— $— Entergy Mississippi April 2021 $37.5 million (d) 3.28% $— $— Entergy Mississippi April 2021 $35 million (d) 3.28% $— $— Entergy Mississippi April 2021 $10 million (d) 3.28% $— $— Entergy New Orleans November 2021 $25 million (c) 3.06% $— $0.8 million Entergy Texas September 2024 $150 million (c) 3.28% $— $1.3 million (a) The interest rate is the estimated interest rate as of June 30, 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. In July 2020 the amount of the credit facility was increased to $25 million. (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 primarily 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 June 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $15.5 million Entergy Mississippi $65 million 0.78% $2.5 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.2 million (a) As of June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2020, in addition to the $2.5 million MISO letter of credit, Entergy Mississippi has $7.1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16 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 June 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.14% $23.7 Entergy Louisiana River Bend VIE September 2021 $105 2.19% $44.1 Entergy Louisiana Waterford VIE September 2021 $105 2.31% $16.2 System Energy VIE September 2021 $120 1.91% $80.1 (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 June 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 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 July 2020, Entergy Louisiana River Bend VIE issued $70 million of 2.51% Series V intermediate term secured notes due June 2027. Entergy Louisiana River Bend VIE expects to use the proceeds to redeem $70 million of 3.38% Series R intermediate term secured notes due August 2020. 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 Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used 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 used 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 Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds 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 used 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 used 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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (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	NOTE 4. 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 six months ended June 30, 2020 was 2.62% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of June 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $160 $6 $3,334 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. As of June 30, 2020, Entergy Corporation had approximately $1,946 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2020 was 2.01%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $20 million (b) 2.91% $— $— Entergy Arkansas September 2024 $150 million (c) 2.91% $— $— Entergy Louisiana September 2024 $350 million (c) 2.91% $— $— Entergy Mississippi April 2021 $37.5 million (d) 3.28% $— $— Entergy Mississippi April 2021 $35 million (d) 3.28% $— $— Entergy Mississippi April 2021 $10 million (d) 3.28% $— $— Entergy New Orleans November 2021 $25 million (c) 3.06% $— $0.8 million Entergy Texas September 2024 $150 million (c) 3.28% $— $1.3 million (a) The interest rate is the estimated interest rate as of June 30, 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. In July 2020 the amount of the credit facility was increased to $25 million. (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 primarily 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 June 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $15.5 million Entergy Mississippi $65 million 0.78% $2.5 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.2 million (a) As of June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2020, in addition to the $2.5 million MISO letter of credit, Entergy Mississippi has $7.1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16 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 June 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.14% $23.7 Entergy Louisiana River Bend VIE September 2021 $105 2.19% $44.1 Entergy Louisiana Waterford VIE September 2021 $105 2.31% $16.2 System Energy VIE September 2021 $120 1.91% $80.1 (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 June 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 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 July 2020, Entergy Louisiana River Bend VIE issued $70 million of 2.51% Series V intermediate term secured notes due June 2027. Entergy Louisiana River Bend VIE expects to use the proceeds to redeem $70 million of 3.38% Series R intermediate term secured notes due August 2020. 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 Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used 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 used 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 Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds 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 used 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 used 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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (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	NOTE 4. 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 six months ended June 30, 2020 was 2.62% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of June 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $160 $6 $3,334 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. As of June 30, 2020, Entergy Corporation had approximately $1,946 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2020 was 2.01%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $20 million (b) 2.91% $— $— Entergy Arkansas September 2024 $150 million (c) 2.91% $— $— Entergy Louisiana September 2024 $350 million (c) 2.91% $— $— Entergy Mississippi April 2021 $37.5 million (d) 3.28% $— $— Entergy Mississippi April 2021 $35 million (d) 3.28% $— $— Entergy Mississippi April 2021 $10 million (d) 3.28% $— $— Entergy New Orleans November 2021 $25 million (c) 3.06% $— $0.8 million Entergy Texas September 2024 $150 million (c) 3.28% $— $1.3 million (a) The interest rate is the estimated interest rate as of June 30, 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. In July 2020 the amount of the credit facility was increased to $25 million. (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 primarily 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 June 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $15.5 million Entergy Mississippi $65 million 0.78% $2.5 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.2 million (a) As of June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2020, in addition to the $2.5 million MISO letter of credit, Entergy Mississippi has $7.1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16 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 June 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.14% $23.7 Entergy Louisiana River Bend VIE September 2021 $105 2.19% $44.1 Entergy Louisiana Waterford VIE September 2021 $105 2.31% $16.2 System Energy VIE September 2021 $120 1.91% $80.1 (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 June 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 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 July 2020, Entergy Louisiana River Bend VIE issued $70 million of 2.51% Series V intermediate term secured notes due June 2027. Entergy Louisiana River Bend VIE expects to use the proceeds to redeem $70 million of 3.38% Series R intermediate term secured notes due August 2020. 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 Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used 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 used 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 Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds 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 used 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 used 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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (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	NOTE 4. 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 six months ended June 30, 2020 was 2.62% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of June 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $160 $6 $3,334 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. As of June 30, 2020, Entergy Corporation had approximately $1,946 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2020 was 2.01%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $20 million (b) 2.91% $— $— Entergy Arkansas September 2024 $150 million (c) 2.91% $— $— Entergy Louisiana September 2024 $350 million (c) 2.91% $— $— Entergy Mississippi April 2021 $37.5 million (d) 3.28% $— $— Entergy Mississippi April 2021 $35 million (d) 3.28% $— $— Entergy Mississippi April 2021 $10 million (d) 3.28% $— $— Entergy New Orleans November 2021 $25 million (c) 3.06% $— $0.8 million Entergy Texas September 2024 $150 million (c) 3.28% $— $1.3 million (a) The interest rate is the estimated interest rate as of June 30, 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. In July 2020 the amount of the credit facility was increased to $25 million. (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 primarily 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 June 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $15.5 million Entergy Mississippi $65 million 0.78% $2.5 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.2 million (a) As of June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2020, in addition to the $2.5 million MISO letter of credit, Entergy Mississippi has $7.1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16 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 June 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.14% $23.7 Entergy Louisiana River Bend VIE September 2021 $105 2.19% $44.1 Entergy Louisiana Waterford VIE September 2021 $105 2.31% $16.2 System Energy VIE September 2021 $120 1.91% $80.1 (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 June 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 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 July 2020, Entergy Louisiana River Bend VIE issued $70 million of 2.51% Series V intermediate term secured notes due June 2027. Entergy Louisiana River Bend VIE expects to use the proceeds to redeem $70 million of 3.38% Series R intermediate term secured notes due August 2020. 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 Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used 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 used 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 Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds 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 used 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 used 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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (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	NOTE 4. 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 six months ended June 30, 2020 was 2.62% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of June 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $160 $6 $3,334 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. As of June 30, 2020, Entergy Corporation had approximately $1,946 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2020 was 2.01%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $20 million (b) 2.91% $— $— Entergy Arkansas September 2024 $150 million (c) 2.91% $— $— Entergy Louisiana September 2024 $350 million (c) 2.91% $— $— Entergy Mississippi April 2021 $37.5 million (d) 3.28% $— $— Entergy Mississippi April 2021 $35 million (d) 3.28% $— $— Entergy Mississippi April 2021 $10 million (d) 3.28% $— $— Entergy New Orleans November 2021 $25 million (c) 3.06% $— $0.8 million Entergy Texas September 2024 $150 million (c) 3.28% $— $1.3 million (a) The interest rate is the estimated interest rate as of June 30, 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. In July 2020 the amount of the credit facility was increased to $25 million. (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 primarily 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 June 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $15.5 million Entergy Mississippi $65 million 0.78% $2.5 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.2 million (a) As of June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2020, in addition to the $2.5 million MISO letter of credit, Entergy Mississippi has $7.1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16 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 June 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.14% $23.7 Entergy Louisiana River Bend VIE September 2021 $105 2.19% $44.1 Entergy Louisiana Waterford VIE September 2021 $105 2.31% $16.2 System Energy VIE September 2021 $120 1.91% $80.1 (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 June 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 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 July 2020, Entergy Louisiana River Bend VIE issued $70 million of 2.51% Series V intermediate term secured notes due June 2027. Entergy Louisiana River Bend VIE expects to use the proceeds to redeem $70 million of 3.38% Series R intermediate term secured notes due August 2020. 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 Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used 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 used 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 Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds 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 used 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 used 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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (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	NOTE 4. 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 six months ended June 30, 2020 was 2.62% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of June 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $160 $6 $3,334 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. As of June 30, 2020, Entergy Corporation had approximately $1,946 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2020 was 2.01%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $20 million (b) 2.91% $— $— Entergy Arkansas September 2024 $150 million (c) 2.91% $— $— Entergy Louisiana September 2024 $350 million (c) 2.91% $— $— Entergy Mississippi April 2021 $37.5 million (d) 3.28% $— $— Entergy Mississippi April 2021 $35 million (d) 3.28% $— $— Entergy Mississippi April 2021 $10 million (d) 3.28% $— $— Entergy New Orleans November 2021 $25 million (c) 3.06% $— $0.8 million Entergy Texas September 2024 $150 million (c) 3.28% $— $1.3 million (a) The interest rate is the estimated interest rate as of June 30, 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. In July 2020 the amount of the credit facility was increased to $25 million. (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 primarily 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 June 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $15.5 million Entergy Mississippi $65 million 0.78% $2.5 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.2 million (a) As of June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2020, in addition to the $2.5 million MISO letter of credit, Entergy Mississippi has $7.1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16 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 June 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.14% $23.7 Entergy Louisiana River Bend VIE September 2021 $105 2.19% $44.1 Entergy Louisiana Waterford VIE September 2021 $105 2.31% $16.2 System Energy VIE September 2021 $120 1.91% $80.1 (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 June 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 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 July 2020, Entergy Louisiana River Bend VIE issued $70 million of 2.51% Series V intermediate term secured notes due June 2027. Entergy Louisiana River Bend VIE expects to use the proceeds to redeem $70 million of 3.38% Series R intermediate term secured notes due August 2020. 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 Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used 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 used 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 Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds 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 used 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 used 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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (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	6 Months Ended
Stock-Based Compensation	Jun. 30, 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 June 30, 2020, there were options on 2,427,479 shares of common stock outstanding with a weighted-average exercise price of $89.72. 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 June 30, 2020. The aggregate intrinsic value of the stock options outstanding as of June 30, 2020 was $29.7 million. The following table includes financial information for outstanding stock options for the three months ended June 30, 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 $0.2 $0.3 Compensation cost capitalized as part of fixed assets and materials and supplies $0.4 $0.3 The following table includes financial information for outstanding stock options for the six months ended June 30, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $2.0 $2.0 Tax benefit recognized in Entergy’s net income $0.5 $0.5 Compensation cost capitalized as part of fixed assets and materials and supplies $0.8 $0.6 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 June 30, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $9.6 $8.4 Tax benefit recognized in Entergy’s net income $2.5 $2.2 Compensation cost capitalized as part of fixed assets and materials and supplies $3.8 $2.9 The following table includes financial information for other outstanding equity awards for the six months ended June 30, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $19.0 $17.2 Tax benefit recognized in Entergy’s net income $4.9 $4.4 Compensation cost capitalized as part of fixed assets and materials and supplies $7.2 $5.8

Retirement And Other Postretire

Retirement And Other Postretirement Benefits	6 Months Ended
Retirement And Other Postretirement Benefits	Jun. 30, 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 second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,606 Interest cost on projected benefit obligation 60,799 73,912 Expected return on assets (103,565) (103,859) Amortization of net loss 87,259 58,420 Settlement charges — 162 Net pension costs $84,872 $62,241 Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $80,758 $67,213 Interest cost on projected benefit obligation 121,598 147,853 Expected return on assets (207,130) (207,743) Amortization of net loss 174,518 116,838 Settlement charges — 1,299 Net pension costs $169,744 $125,460 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (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 Entergy Entergy Entergy Entergy System (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 3,612 3,363 Expected return on assets (20,176) (22,652) (5,968) (2,697) (5,862) (4,677) Amortization of net loss 11,841 11,643 3,105 1,530 2,334 2,850 Net pension cost $11,101 $12,157 $2,834 $1,276 $1,434 $3,086 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,132 $17,588 $4,046 $1,326 $3,092 $3,930 Interest cost on projected benefit obligation 22,866 25,682 6,680 2,912 5,564 5,628 Expected return on assets (39,244) (44,804) (11,514) (5,254) (10,972) (9,326) Amortization of net loss 33,794 33,254 9,496 4,010 6,530 8,558 Net pension cost $30,548 $31,720 $8,708 $2,994 $4,214 $8,790 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $10,522 $14,568 $3,258 $1,138 $2,700 $3,100 Interest cost on projected benefit obligation 28,350 31,764 8,136 3,748 7,224 6,727 Expected return on assets (40,352) (45,304) (11,936) (5,393) (11,724) (9,354) Amortization of net loss 23,682 23,286 6,209 3,059 4,668 5,700 Net pension cost $22,202 $24,314 $5,667 $2,552 $2,868 $6,173 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $71 $41 $113 $6 $122 Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $166 $74 $180 $16 $234 2019 $144 $84 $188 $11 $246 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $12,032 $9,350 Interest cost on accumulated postretirement benefit obligation (APBO) 14,820 23,950 Expected return on assets (20,510) (19,124) Amortization of prior service credit (14,907) (17,688) Amortization of net loss 1,473 716 Net other postretirement benefit cost income ($7,092) ($2,796) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,182 $2,320 $524 $184 $472 $486 Interest cost on APBO 3,614 5,332 1,340 790 1,708 952 Expected return on assets (7,982) — (2,398) (2,474) (4,552) (1,394) Amortization of prior service credit (2,476) (3,674) (878) (342) (1,122) (726) Amortization of net (gain) loss 288 (348) 362 116 242 178 Net other postretirement benefit cost (income) ($5,374) $3,630 ($1,050) ($1,726) ($3,252) ($504) 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 second quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,461) (327) (831) (27,619) ($26,461) $5,412 ($888) ($21,937) Entergy Louisiana Amortization of prior service credit $— $1,698 $— $1,698 Amortization of net gain (loss) (499) 81 (1) (419) ($499) $1,779 ($1) $1,279 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (18,736) 308 (552) (18,980) Settlement loss (162) — (756) (918) ($18,898) $5,683 ($1,358) ($14,573) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $9,516 ($115) $9,401 Amortization of net loss (52,923) (352) (1,662) (54,937) ($52,923) $9,164 ($1,777) ($45,536) Entergy Louisiana Amortization of prior service credit $— $2,787 $— $2,787 Amortization of net gain (loss) (998) 280 (2) (720) ($998) $3,067 ($2) $2,067 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,750 ($98) $10,652 Amortization of net gain (loss) (37,470) 615 (1,114) (37,969) Settlement loss (1,299) — (756) (2,055) ($38,769) $11,365 ($1,968) ($29,372) Entergy Louisiana Amortization of prior service credit $— $3,674 $— $3,674 Amortization of net gain (loss) (1,397) 348 (3) (1,052) ($1,397) $4,022 ($3) $2,622 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 $416.3 million to its qualified pension plans in 2020. As of June 30, 2020, Entergy had contributed $112 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 Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $78,643 $74,991 $20,115 $5,839 $5,634 $21,730 Pension contributions made through June 2020 $17,584 $18,706 $4,296 $1,458 $1,485 $5,714 Remaining estimated pension contributions to be made in 2020 $61,059 $56,285 $15,819 $4,381 $4,149 $16,016
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 second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,606 Interest cost on projected benefit obligation 60,799 73,912 Expected return on assets (103,565) (103,859) Amortization of net loss 87,259 58,420 Settlement charges — 162 Net pension costs $84,872 $62,241 Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $80,758 $67,213 Interest cost on projected benefit obligation 121,598 147,853 Expected return on assets (207,130) (207,743) Amortization of net loss 174,518 116,838 Settlement charges — 1,299 Net pension costs $169,744 $125,460 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (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 Entergy Entergy Entergy Entergy System (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 3,612 3,363 Expected return on assets (20,176) (22,652) (5,968) (2,697) (5,862) (4,677) Amortization of net loss 11,841 11,643 3,105 1,530 2,334 2,850 Net pension cost $11,101 $12,157 $2,834 $1,276 $1,434 $3,086 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,132 $17,588 $4,046 $1,326 $3,092 $3,930 Interest cost on projected benefit obligation 22,866 25,682 6,680 2,912 5,564 5,628 Expected return on assets (39,244) (44,804) (11,514) (5,254) (10,972) (9,326) Amortization of net loss 33,794 33,254 9,496 4,010 6,530 8,558 Net pension cost $30,548 $31,720 $8,708 $2,994 $4,214 $8,790 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $10,522 $14,568 $3,258 $1,138 $2,700 $3,100 Interest cost on projected benefit obligation 28,350 31,764 8,136 3,748 7,224 6,727 Expected return on assets (40,352) (45,304) (11,936) (5,393) (11,724) (9,354) Amortization of net loss 23,682 23,286 6,209 3,059 4,668 5,700 Net pension cost $22,202 $24,314 $5,667 $2,552 $2,868 $6,173 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $71 $41 $113 $6 $122 Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $166 $74 $180 $16 $234 2019 $144 $84 $188 $11 $246 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $12,032 $9,350 Interest cost on accumulated postretirement benefit obligation (APBO) 14,820 23,950 Expected return on assets (20,510) (19,124) Amortization of prior service credit (14,907) (17,688) Amortization of net loss 1,473 716 Net other postretirement benefit cost income ($7,092) ($2,796) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,182 $2,320 $524 $184 $472 $486 Interest cost on APBO 3,614 5,332 1,340 790 1,708 952 Expected return on assets (7,982) — (2,398) (2,474) (4,552) (1,394) Amortization of prior service credit (2,476) (3,674) (878) (342) (1,122) (726) Amortization of net (gain) loss 288 (348) 362 116 242 178 Net other postretirement benefit cost (income) ($5,374) $3,630 ($1,050) ($1,726) ($3,252) ($504) 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 second quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,461) (327) (831) (27,619) ($26,461) $5,412 ($888) ($21,937) Entergy Louisiana Amortization of prior service credit $— $1,698 $— $1,698 Amortization of net gain (loss) (499) 81 (1) (419) ($499) $1,779 ($1) $1,279 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (18,736) 308 (552) (18,980) Settlement loss (162) — (756) (918) ($18,898) $5,683 ($1,358) ($14,573) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $9,516 ($115) $9,401 Amortization of net loss (52,923) (352) (1,662) (54,937) ($52,923) $9,164 ($1,777) ($45,536) Entergy Louisiana Amortization of prior service credit $— $2,787 $— $2,787 Amortization of net gain (loss) (998) 280 (2) (720) ($998) $3,067 ($2) $2,067 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,750 ($98) $10,652 Amortization of net gain (loss) (37,470) 615 (1,114) (37,969) Settlement loss (1,299) — (756) (2,055) ($38,769) $11,365 ($1,968) ($29,372) Entergy Louisiana Amortization of prior service credit $— $3,674 $— $3,674 Amortization of net gain (loss) (1,397) 348 (3) (1,052) ($1,397) $4,022 ($3) $2,622 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 $416.3 million to its qualified pension plans in 2020. As of June 30, 2020, Entergy had contributed $112 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 Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $78,643 $74,991 $20,115 $5,839 $5,634 $21,730 Pension contributions made through June 2020 $17,584 $18,706 $4,296 $1,458 $1,485 $5,714 Remaining estimated pension contributions to be made in 2020 $61,059 $56,285 $15,819 $4,381 $4,149 $16,016
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 second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,606 Interest cost on projected benefit obligation 60,799 73,912 Expected return on assets (103,565) (103,859) Amortization of net loss 87,259 58,420 Settlement charges — 162 Net pension costs $84,872 $62,241 Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $80,758 $67,213 Interest cost on projected benefit obligation 121,598 147,853 Expected return on assets (207,130) (207,743) Amortization of net loss 174,518 116,838 Settlement charges — 1,299 Net pension costs $169,744 $125,460 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (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 Entergy Entergy Entergy Entergy System (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 3,612 3,363 Expected return on assets (20,176) (22,652) (5,968) (2,697) (5,862) (4,677) Amortization of net loss 11,841 11,643 3,105 1,530 2,334 2,850 Net pension cost $11,101 $12,157 $2,834 $1,276 $1,434 $3,086 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,132 $17,588 $4,046 $1,326 $3,092 $3,930 Interest cost on projected benefit obligation 22,866 25,682 6,680 2,912 5,564 5,628 Expected return on assets (39,244) (44,804) (11,514) (5,254) (10,972) (9,326) Amortization of net loss 33,794 33,254 9,496 4,010 6,530 8,558 Net pension cost $30,548 $31,720 $8,708 $2,994 $4,214 $8,790 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $10,522 $14,568 $3,258 $1,138 $2,700 $3,100 Interest cost on projected benefit obligation 28,350 31,764 8,136 3,748 7,224 6,727 Expected return on assets (40,352) (45,304) (11,936) (5,393) (11,724) (9,354) Amortization of net loss 23,682 23,286 6,209 3,059 4,668 5,700 Net pension cost $22,202 $24,314 $5,667 $2,552 $2,868 $6,173 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $71 $41 $113 $6 $122 Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $166 $74 $180 $16 $234 2019 $144 $84 $188 $11 $246 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $12,032 $9,350 Interest cost on accumulated postretirement benefit obligation (APBO) 14,820 23,950 Expected return on assets (20,510) (19,124) Amortization of prior service credit (14,907) (17,688) Amortization of net loss 1,473 716 Net other postretirement benefit cost income ($7,092) ($2,796) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,182 $2,320 $524 $184 $472 $486 Interest cost on APBO 3,614 5,332 1,340 790 1,708 952 Expected return on assets (7,982) — (2,398) (2,474) (4,552) (1,394) Amortization of prior service credit (2,476) (3,674) (878) (342) (1,122) (726) Amortization of net (gain) loss 288 (348) 362 116 242 178 Net other postretirement benefit cost (income) ($5,374) $3,630 ($1,050) ($1,726) ($3,252) ($504) 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 second quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,461) (327) (831) (27,619) ($26,461) $5,412 ($888) ($21,937) Entergy Louisiana Amortization of prior service credit $— $1,698 $— $1,698 Amortization of net gain (loss) (499) 81 (1) (419) ($499) $1,779 ($1) $1,279 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (18,736) 308 (552) (18,980) Settlement loss (162) — (756) (918) ($18,898) $5,683 ($1,358) ($14,573) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $9,516 ($115) $9,401 Amortization of net loss (52,923) (352) (1,662) (54,937) ($52,923) $9,164 ($1,777) ($45,536) Entergy Louisiana Amortization of prior service credit $— $2,787 $— $2,787 Amortization of net gain (loss) (998) 280 (2) (720) ($998) $3,067 ($2) $2,067 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,750 ($98) $10,652 Amortization of net gain (loss) (37,470) 615 (1,114) (37,969) Settlement loss (1,299) — (756) (2,055) ($38,769) $11,365 ($1,968) ($29,372) Entergy Louisiana Amortization of prior service credit $— $3,674 $— $3,674 Amortization of net gain (loss) (1,397) 348 (3) (1,052) ($1,397) $4,022 ($3) $2,622 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 $416.3 million to its qualified pension plans in 2020. As of June 30, 2020, Entergy had contributed $112 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 Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $78,643 $74,991 $20,115 $5,839 $5,634 $21,730 Pension contributions made through June 2020 $17,584 $18,706 $4,296 $1,458 $1,485 $5,714 Remaining estimated pension contributions to be made in 2020 $61,059 $56,285 $15,819 $4,381 $4,149 $16,016
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 second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,606 Interest cost on projected benefit obligation 60,799 73,912 Expected return on assets (103,565) (103,859) Amortization of net loss 87,259 58,420 Settlement charges — 162 Net pension costs $84,872 $62,241 Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $80,758 $67,213 Interest cost on projected benefit obligation 121,598 147,853 Expected return on assets (207,130) (207,743) Amortization of net loss 174,518 116,838 Settlement charges — 1,299 Net pension costs $169,744 $125,460 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (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 Entergy Entergy Entergy Entergy System (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 3,612 3,363 Expected return on assets (20,176) (22,652) (5,968) (2,697) (5,862) (4,677) Amortization of net loss 11,841 11,643 3,105 1,530 2,334 2,850 Net pension cost $11,101 $12,157 $2,834 $1,276 $1,434 $3,086 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,132 $17,588 $4,046 $1,326 $3,092 $3,930 Interest cost on projected benefit obligation 22,866 25,682 6,680 2,912 5,564 5,628 Expected return on assets (39,244) (44,804) (11,514) (5,254) (10,972) (9,326) Amortization of net loss 33,794 33,254 9,496 4,010 6,530 8,558 Net pension cost $30,548 $31,720 $8,708 $2,994 $4,214 $8,790 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $10,522 $14,568 $3,258 $1,138 $2,700 $3,100 Interest cost on projected benefit obligation 28,350 31,764 8,136 3,748 7,224 6,727 Expected return on assets (40,352) (45,304) (11,936) (5,393) (11,724) (9,354) Amortization of net loss 23,682 23,286 6,209 3,059 4,668 5,700 Net pension cost $22,202 $24,314 $5,667 $2,552 $2,868 $6,173 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $71 $41 $113 $6 $122 Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $166 $74 $180 $16 $234 2019 $144 $84 $188 $11 $246 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $12,032 $9,350 Interest cost on accumulated postretirement benefit obligation (APBO) 14,820 23,950 Expected return on assets (20,510) (19,124) Amortization of prior service credit (14,907) (17,688) Amortization of net loss 1,473 716 Net other postretirement benefit cost income ($7,092) ($2,796) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,182 $2,320 $524 $184 $472 $486 Interest cost on APBO 3,614 5,332 1,340 790 1,708 952 Expected return on assets (7,982) — (2,398) (2,474) (4,552) (1,394) Amortization of prior service credit (2,476) (3,674) (878) (342) (1,122) (726) Amortization of net (gain) loss 288 (348) 362 116 242 178 Net other postretirement benefit cost (income) ($5,374) $3,630 ($1,050) ($1,726) ($3,252) ($504) 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 second quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,461) (327) (831) (27,619) ($26,461) $5,412 ($888) ($21,937) Entergy Louisiana Amortization of prior service credit $— $1,698 $— $1,698 Amortization of net gain (loss) (499) 81 (1) (419) ($499) $1,779 ($1) $1,279 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (18,736) 308 (552) (18,980) Settlement loss (162) — (756) (918) ($18,898) $5,683 ($1,358) ($14,573) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $9,516 ($115) $9,401 Amortization of net loss (52,923) (352) (1,662) (54,937) ($52,923) $9,164 ($1,777) ($45,536) Entergy Louisiana Amortization of prior service credit $— $2,787 $— $2,787 Amortization of net gain (loss) (998) 280 (2) (720) ($998) $3,067 ($2) $2,067 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,750 ($98) $10,652 Amortization of net gain (loss) (37,470) 615 (1,114) (37,969) Settlement loss (1,299) — (756) (2,055) ($38,769) $11,365 ($1,968) ($29,372) Entergy Louisiana Amortization of prior service credit $— $3,674 $— $3,674 Amortization of net gain (loss) (1,397) 348 (3) (1,052) ($1,397) $4,022 ($3) $2,622 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 $416.3 million to its qualified pension plans in 2020. As of June 30, 2020, Entergy had contributed $112 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 Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $78,643 $74,991 $20,115 $5,839 $5,634 $21,730 Pension contributions made through June 2020 $17,584 $18,706 $4,296 $1,458 $1,485 $5,714 Remaining estimated pension contributions to be made in 2020 $61,059 $56,285 $15,819 $4,381 $4,149 $16,016
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 second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,606 Interest cost on projected benefit obligation 60,799 73,912 Expected return on assets (103,565) (103,859) Amortization of net loss 87,259 58,420 Settlement charges — 162 Net pension costs $84,872 $62,241 Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $80,758 $67,213 Interest cost on projected benefit obligation 121,598 147,853 Expected return on assets (207,130) (207,743) Amortization of net loss 174,518 116,838 Settlement charges — 1,299 Net pension costs $169,744 $125,460 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (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 Entergy Entergy Entergy Entergy System (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 3,612 3,363 Expected return on assets (20,176) (22,652) (5,968) (2,697) (5,862) (4,677) Amortization of net loss 11,841 11,643 3,105 1,530 2,334 2,850 Net pension cost $11,101 $12,157 $2,834 $1,276 $1,434 $3,086 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,132 $17,588 $4,046 $1,326 $3,092 $3,930 Interest cost on projected benefit obligation 22,866 25,682 6,680 2,912 5,564 5,628 Expected return on assets (39,244) (44,804) (11,514) (5,254) (10,972) (9,326) Amortization of net loss 33,794 33,254 9,496 4,010 6,530 8,558 Net pension cost $30,548 $31,720 $8,708 $2,994 $4,214 $8,790 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $10,522 $14,568 $3,258 $1,138 $2,700 $3,100 Interest cost on projected benefit obligation 28,350 31,764 8,136 3,748 7,224 6,727 Expected return on assets (40,352) (45,304) (11,936) (5,393) (11,724) (9,354) Amortization of net loss 23,682 23,286 6,209 3,059 4,668 5,700 Net pension cost $22,202 $24,314 $5,667 $2,552 $2,868 $6,173 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $71 $41 $113 $6 $122 Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $166 $74 $180 $16 $234 2019 $144 $84 $188 $11 $246 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $12,032 $9,350 Interest cost on accumulated postretirement benefit obligation (APBO) 14,820 23,950 Expected return on assets (20,510) (19,124) Amortization of prior service credit (14,907) (17,688) Amortization of net loss 1,473 716 Net other postretirement benefit cost income ($7,092) ($2,796) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,182 $2,320 $524 $184 $472 $486 Interest cost on APBO 3,614 5,332 1,340 790 1,708 952 Expected return on assets (7,982) — (2,398) (2,474) (4,552) (1,394) Amortization of prior service credit (2,476) (3,674) (878) (342) (1,122) (726) Amortization of net (gain) loss 288 (348) 362 116 242 178 Net other postretirement benefit cost (income) ($5,374) $3,630 ($1,050) ($1,726) ($3,252) ($504) 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 second quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,461) (327) (831) (27,619) ($26,461) $5,412 ($888) ($21,937) Entergy Louisiana Amortization of prior service credit $— $1,698 $— $1,698 Amortization of net gain (loss) (499) 81 (1) (419) ($499) $1,779 ($1) $1,279 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (18,736) 308 (552) (18,980) Settlement loss (162) — (756) (918) ($18,898) $5,683 ($1,358) ($14,573) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $9,516 ($115) $9,401 Amortization of net loss (52,923) (352) (1,662) (54,937) ($52,923) $9,164 ($1,777) ($45,536) Entergy Louisiana Amortization of prior service credit $— $2,787 $— $2,787 Amortization of net gain (loss) (998) 280 (2) (720) ($998) $3,067 ($2) $2,067 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,750 ($98) $10,652 Amortization of net gain (loss) (37,470) 615 (1,114) (37,969) Settlement loss (1,299) — (756) (2,055) ($38,769) $11,365 ($1,968) ($29,372) Entergy Louisiana Amortization of prior service credit $— $3,674 $— $3,674 Amortization of net gain (loss) (1,397) 348 (3) (1,052) ($1,397) $4,022 ($3) $2,622 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 $416.3 million to its qualified pension plans in 2020. As of June 30, 2020, Entergy had contributed $112 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 Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $78,643 $74,991 $20,115 $5,839 $5,634 $21,730 Pension contributions made through June 2020 $17,584 $18,706 $4,296 $1,458 $1,485 $5,714 Remaining estimated pension contributions to be made in 2020 $61,059 $56,285 $15,819 $4,381 $4,149 $16,016
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 second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,606 Interest cost on projected benefit obligation 60,799 73,912 Expected return on assets (103,565) (103,859) Amortization of net loss 87,259 58,420 Settlement charges — 162 Net pension costs $84,872 $62,241 Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $80,758 $67,213 Interest cost on projected benefit obligation 121,598 147,853 Expected return on assets (207,130) (207,743) Amortization of net loss 174,518 116,838 Settlement charges — 1,299 Net pension costs $169,744 $125,460 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (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 Entergy Entergy Entergy Entergy System (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 3,612 3,363 Expected return on assets (20,176) (22,652) (5,968) (2,697) (5,862) (4,677) Amortization of net loss 11,841 11,643 3,105 1,530 2,334 2,850 Net pension cost $11,101 $12,157 $2,834 $1,276 $1,434 $3,086 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,132 $17,588 $4,046 $1,326 $3,092 $3,930 Interest cost on projected benefit obligation 22,866 25,682 6,680 2,912 5,564 5,628 Expected return on assets (39,244) (44,804) (11,514) (5,254) (10,972) (9,326) Amortization of net loss 33,794 33,254 9,496 4,010 6,530 8,558 Net pension cost $30,548 $31,720 $8,708 $2,994 $4,214 $8,790 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $10,522 $14,568 $3,258 $1,138 $2,700 $3,100 Interest cost on projected benefit obligation 28,350 31,764 8,136 3,748 7,224 6,727 Expected return on assets (40,352) (45,304) (11,936) (5,393) (11,724) (9,354) Amortization of net loss 23,682 23,286 6,209 3,059 4,668 5,700 Net pension cost $22,202 $24,314 $5,667 $2,552 $2,868 $6,173 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $71 $41 $113 $6 $122 Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $166 $74 $180 $16 $234 2019 $144 $84 $188 $11 $246 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $12,032 $9,350 Interest cost on accumulated postretirement benefit obligation (APBO) 14,820 23,950 Expected return on assets (20,510) (19,124) Amortization of prior service credit (14,907) (17,688) Amortization of net loss 1,473 716 Net other postretirement benefit cost income ($7,092) ($2,796) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,182 $2,320 $524 $184 $472 $486 Interest cost on APBO 3,614 5,332 1,340 790 1,708 952 Expected return on assets (7,982) — (2,398) (2,474) (4,552) (1,394) Amortization of prior service credit (2,476) (3,674) (878) (342) (1,122) (726) Amortization of net (gain) loss 288 (348) 362 116 242 178 Net other postretirement benefit cost (income) ($5,374) $3,630 ($1,050) ($1,726) ($3,252) ($504) 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 second quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,461) (327) (831) (27,619) ($26,461) $5,412 ($888) ($21,937) Entergy Louisiana Amortization of prior service credit $— $1,698 $— $1,698 Amortization of net gain (loss) (499) 81 (1) (419) ($499) $1,779 ($1) $1,279 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (18,736) 308 (552) (18,980) Settlement loss (162) — (756) (918) ($18,898) $5,683 ($1,358) ($14,573) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $9,516 ($115) $9,401 Amortization of net loss (52,923) (352) (1,662) (54,937) ($52,923) $9,164 ($1,777) ($45,536) Entergy Louisiana Amortization of prior service credit $— $2,787 $— $2,787 Amortization of net gain (loss) (998) 280 (2) (720) ($998) $3,067 ($2) $2,067 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,750 ($98) $10,652 Amortization of net gain (loss) (37,470) 615 (1,114) (37,969) Settlement loss (1,299) — (756) (2,055) ($38,769) $11,365 ($1,968) ($29,372) Entergy Louisiana Amortization of prior service credit $— $3,674 $— $3,674 Amortization of net gain (loss) (1,397) 348 (3) (1,052) ($1,397) $4,022 ($3) $2,622 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 $416.3 million to its qualified pension plans in 2020. As of June 30, 2020, Entergy had contributed $112 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 Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $78,643 $74,991 $20,115 $5,839 $5,634 $21,730 Pension contributions made through June 2020 $17,584 $18,706 $4,296 $1,458 $1,485 $5,714 Remaining estimated pension contributions to be made in 2020 $61,059 $56,285 $15,819 $4,381 $4,149 $16,016
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 second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,606 Interest cost on projected benefit obligation 60,799 73,912 Expected return on assets (103,565) (103,859) Amortization of net loss 87,259 58,420 Settlement charges — 162 Net pension costs $84,872 $62,241 Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $80,758 $67,213 Interest cost on projected benefit obligation 121,598 147,853 Expected return on assets (207,130) (207,743) Amortization of net loss 174,518 116,838 Settlement charges — 1,299 Net pension costs $169,744 $125,460 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (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 Entergy Entergy Entergy Entergy System (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 3,612 3,363 Expected return on assets (20,176) (22,652) (5,968) (2,697) (5,862) (4,677) Amortization of net loss 11,841 11,643 3,105 1,530 2,334 2,850 Net pension cost $11,101 $12,157 $2,834 $1,276 $1,434 $3,086 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,132 $17,588 $4,046 $1,326 $3,092 $3,930 Interest cost on projected benefit obligation 22,866 25,682 6,680 2,912 5,564 5,628 Expected return on assets (39,244) (44,804) (11,514) (5,254) (10,972) (9,326) Amortization of net loss 33,794 33,254 9,496 4,010 6,530 8,558 Net pension cost $30,548 $31,720 $8,708 $2,994 $4,214 $8,790 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $10,522 $14,568 $3,258 $1,138 $2,700 $3,100 Interest cost on projected benefit obligation 28,350 31,764 8,136 3,748 7,224 6,727 Expected return on assets (40,352) (45,304) (11,936) (5,393) (11,724) (9,354) Amortization of net loss 23,682 23,286 6,209 3,059 4,668 5,700 Net pension cost $22,202 $24,314 $5,667 $2,552 $2,868 $6,173 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $71 $41 $113 $6 $122 Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $166 $74 $180 $16 $234 2019 $144 $84 $188 $11 $246 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $12,032 $9,350 Interest cost on accumulated postretirement benefit obligation (APBO) 14,820 23,950 Expected return on assets (20,510) (19,124) Amortization of prior service credit (14,907) (17,688) Amortization of net loss 1,473 716 Net other postretirement benefit cost income ($7,092) ($2,796) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,182 $2,320 $524 $184 $472 $486 Interest cost on APBO 3,614 5,332 1,340 790 1,708 952 Expected return on assets (7,982) — (2,398) (2,474) (4,552) (1,394) Amortization of prior service credit (2,476) (3,674) (878) (342) (1,122) (726) Amortization of net (gain) loss 288 (348) 362 116 242 178 Net other postretirement benefit cost (income) ($5,374) $3,630 ($1,050) ($1,726) ($3,252) ($504) 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 second quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,461) (327) (831) (27,619) ($26,461) $5,412 ($888) ($21,937) Entergy Louisiana Amortization of prior service credit $— $1,698 $— $1,698 Amortization of net gain (loss) (499) 81 (1) (419) ($499) $1,779 ($1) $1,279 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (18,736) 308 (552) (18,980) Settlement loss (162) — (756) (918) ($18,898) $5,683 ($1,358) ($14,573) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $9,516 ($115) $9,401 Amortization of net loss (52,923) (352) (1,662) (54,937) ($52,923) $9,164 ($1,777) ($45,536) Entergy Louisiana Amortization of prior service credit $— $2,787 $— $2,787 Amortization of net gain (loss) (998) 280 (2) (720) ($998) $3,067 ($2) $2,067 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,750 ($98) $10,652 Amortization of net gain (loss) (37,470) 615 (1,114) (37,969) Settlement loss (1,299) — (756) (2,055) ($38,769) $11,365 ($1,968) ($29,372) Entergy Louisiana Amortization of prior service credit $— $3,674 $— $3,674 Amortization of net gain (loss) (1,397) 348 (3) (1,052) ($1,397) $4,022 ($3) $2,622 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 $416.3 million to its qualified pension plans in 2020. As of June 30, 2020, Entergy had contributed $112 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 Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $78,643 $74,991 $20,115 $5,839 $5,634 $21,730 Pension contributions made through June 2020 $17,584 $18,706 $4,296 $1,458 $1,485 $5,714 Remaining estimated pension contributions to be made in 2020 $61,059 $56,285 $15,819 $4,381 $4,149 $16,016

Business Segment Information

Business Segment Information	6 Months Ended
Business Segment Information	Jun. 30, 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 June 30, 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 second quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,213,061 $199,709 $18 $— $2,412,788 Income taxes $73,710 $24,467 ($9,062) $— $89,115 Consolidated net income (loss) $348,902 $85,178 ($37,069) ($31,898) $365,113 2019 Operating revenues $2,376,437 $289,783 $2 ($13) $2,666,209 Income taxes $21,150 ($9,290) ($10,402) $— $1,458 Consolidated net income (loss) $334,752 ($25,382) ($36,939) ($31,898) $240,533 Entergy’s segment financial information for the six months ended June 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $4,307,690 $532,258 $29 ($10) $4,839,967 Income taxes $20,761 ($6,073) $3,233 $— $17,921 Consolidated net income (loss) $672,751 ($25,251) ($95,298) ($63,796) $488,406 Total assets as of June 30, 2020 $51,205,266 $3,658,974 $493,119 ($1,992,057) $53,365,302 2019 Operating revenues $4,552,419 $723,394 $2 ($23) $5,275,792 Income taxes $9,586 $56,618 ($21,975) $— $44,229 Consolidated net income (loss) $568,900 $71,697 ($77,620) ($63,797) $499,180 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. 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 second 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 April 1, $150 $14 $164 $213 $14 $227 Restructuring costs accrued 17 — 17 22 — 22 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $7 million in the second quarter 2020 and $16 million in the second quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance 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 38 — 38 56 — 56 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $12 million in the six months ended June 30, 2020 and $90 million in the six months ended June 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. 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 $70 million in 2020, of which $38 million has been incurred as of June 30, 2020, and a total of approximately $60 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 June 30, 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 second quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,213,061 $199,709 $18 $— $2,412,788 Income taxes $73,710 $24,467 ($9,062) $— $89,115 Consolidated net income (loss) $348,902 $85,178 ($37,069) ($31,898) $365,113 2019 Operating revenues $2,376,437 $289,783 $2 ($13) $2,666,209 Income taxes $21,150 ($9,290) ($10,402) $— $1,458 Consolidated net income (loss) $334,752 ($25,382) ($36,939) ($31,898) $240,533 Entergy’s segment financial information for the six months ended June 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $4,307,690 $532,258 $29 ($10) $4,839,967 Income taxes $20,761 ($6,073) $3,233 $— $17,921 Consolidated net income (loss) $672,751 ($25,251) ($95,298) ($63,796) $488,406 Total assets as of June 30, 2020 $51,205,266 $3,658,974 $493,119 ($1,992,057) $53,365,302 2019 Operating revenues $4,552,419 $723,394 $2 ($23) $5,275,792 Income taxes $9,586 $56,618 ($21,975) $— $44,229 Consolidated net income (loss) $568,900 $71,697 ($77,620) ($63,797) $499,180 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. 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 second 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 April 1, $150 $14 $164 $213 $14 $227 Restructuring costs accrued 17 — 17 22 — 22 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $7 million in the second quarter 2020 and $16 million in the second quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance 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 38 — 38 56 — 56 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $12 million in the six months ended June 30, 2020 and $90 million in the six months ended June 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. 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 $70 million in 2020, of which $38 million has been incurred as of June 30, 2020, and a total of approximately $60 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 June 30, 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 second quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,213,061 $199,709 $18 $— $2,412,788 Income taxes $73,710 $24,467 ($9,062) $— $89,115 Consolidated net income (loss) $348,902 $85,178 ($37,069) ($31,898) $365,113 2019 Operating revenues $2,376,437 $289,783 $2 ($13) $2,666,209 Income taxes $21,150 ($9,290) ($10,402) $— $1,458 Consolidated net income (loss) $334,752 ($25,382) ($36,939) ($31,898) $240,533 Entergy’s segment financial information for the six months ended June 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $4,307,690 $532,258 $29 ($10) $4,839,967 Income taxes $20,761 ($6,073) $3,233 $— $17,921 Consolidated net income (loss) $672,751 ($25,251) ($95,298) ($63,796) $488,406 Total assets as of June 30, 2020 $51,205,266 $3,658,974 $493,119 ($1,992,057) $53,365,302 2019 Operating revenues $4,552,419 $723,394 $2 ($23) $5,275,792 Income taxes $9,586 $56,618 ($21,975) $— $44,229 Consolidated net income (loss) $568,900 $71,697 ($77,620) ($63,797) $499,180 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. 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 second 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 April 1, $150 $14 $164 $213 $14 $227 Restructuring costs accrued 17 — 17 22 — 22 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $7 million in the second quarter 2020 and $16 million in the second quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance 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 38 — 38 56 — 56 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $12 million in the six months ended June 30, 2020 and $90 million in the six months ended June 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. 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 $70 million in 2020, of which $38 million has been incurred as of June 30, 2020, and a total of approximately $60 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 June 30, 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 second quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,213,061 $199,709 $18 $— $2,412,788 Income taxes $73,710 $24,467 ($9,062) $— $89,115 Consolidated net income (loss) $348,902 $85,178 ($37,069) ($31,898) $365,113 2019 Operating revenues $2,376,437 $289,783 $2 ($13) $2,666,209 Income taxes $21,150 ($9,290) ($10,402) $— $1,458 Consolidated net income (loss) $334,752 ($25,382) ($36,939) ($31,898) $240,533 Entergy’s segment financial information for the six months ended June 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $4,307,690 $532,258 $29 ($10) $4,839,967 Income taxes $20,761 ($6,073) $3,233 $— $17,921 Consolidated net income (loss) $672,751 ($25,251) ($95,298) ($63,796) $488,406 Total assets as of June 30, 2020 $51,205,266 $3,658,974 $493,119 ($1,992,057) $53,365,302 2019 Operating revenues $4,552,419 $723,394 $2 ($23) $5,275,792 Income taxes $9,586 $56,618 ($21,975) $— $44,229 Consolidated net income (loss) $568,900 $71,697 ($77,620) ($63,797) $499,180 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. 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 second 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 April 1, $150 $14 $164 $213 $14 $227 Restructuring costs accrued 17 — 17 22 — 22 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $7 million in the second quarter 2020 and $16 million in the second quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance 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 38 — 38 56 — 56 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $12 million in the six months ended June 30, 2020 and $90 million in the six months ended June 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. 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 $70 million in 2020, of which $38 million has been incurred as of June 30, 2020, and a total of approximately $60 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 June 30, 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 second quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,213,061 $199,709 $18 $— $2,412,788 Income taxes $73,710 $24,467 ($9,062) $— $89,115 Consolidated net income (loss) $348,902 $85,178 ($37,069) ($31,898) $365,113 2019 Operating revenues $2,376,437 $289,783 $2 ($13) $2,666,209 Income taxes $21,150 ($9,290) ($10,402) $— $1,458 Consolidated net income (loss) $334,752 ($25,382) ($36,939) ($31,898) $240,533 Entergy’s segment financial information for the six months ended June 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $4,307,690 $532,258 $29 ($10) $4,839,967 Income taxes $20,761 ($6,073) $3,233 $— $17,921 Consolidated net income (loss) $672,751 ($25,251) ($95,298) ($63,796) $488,406 Total assets as of June 30, 2020 $51,205,266 $3,658,974 $493,119 ($1,992,057) $53,365,302 2019 Operating revenues $4,552,419 $723,394 $2 ($23) $5,275,792 Income taxes $9,586 $56,618 ($21,975) $— $44,229 Consolidated net income (loss) $568,900 $71,697 ($77,620) ($63,797) $499,180 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. 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 second 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 April 1, $150 $14 $164 $213 $14 $227 Restructuring costs accrued 17 — 17 22 — 22 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $7 million in the second quarter 2020 and $16 million in the second quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance 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 38 — 38 56 — 56 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $12 million in the six months ended June 30, 2020 and $90 million in the six months ended June 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. 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 $70 million in 2020, of which $38 million has been incurred as of June 30, 2020, and a total of approximately $60 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 June 30, 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 second quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,213,061 $199,709 $18 $— $2,412,788 Income taxes $73,710 $24,467 ($9,062) $— $89,115 Consolidated net income (loss) $348,902 $85,178 ($37,069) ($31,898) $365,113 2019 Operating revenues $2,376,437 $289,783 $2 ($13) $2,666,209 Income taxes $21,150 ($9,290) ($10,402) $— $1,458 Consolidated net income (loss) $334,752 ($25,382) ($36,939) ($31,898) $240,533 Entergy’s segment financial information for the six months ended June 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $4,307,690 $532,258 $29 ($10) $4,839,967 Income taxes $20,761 ($6,073) $3,233 $— $17,921 Consolidated net income (loss) $672,751 ($25,251) ($95,298) ($63,796) $488,406 Total assets as of June 30, 2020 $51,205,266 $3,658,974 $493,119 ($1,992,057) $53,365,302 2019 Operating revenues $4,552,419 $723,394 $2 ($23) $5,275,792 Income taxes $9,586 $56,618 ($21,975) $— $44,229 Consolidated net income (loss) $568,900 $71,697 ($77,620) ($63,797) $499,180 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. 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 second 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 April 1, $150 $14 $164 $213 $14 $227 Restructuring costs accrued 17 — 17 22 — 22 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $7 million in the second quarter 2020 and $16 million in the second quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance 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 38 — 38 56 — 56 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $12 million in the six months ended June 30, 2020 and $90 million in the six months ended June 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. 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 $70 million in 2020, of which $38 million has been incurred as of June 30, 2020, and a total of approximately $60 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 June 30, 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 second quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,213,061 $199,709 $18 $— $2,412,788 Income taxes $73,710 $24,467 ($9,062) $— $89,115 Consolidated net income (loss) $348,902 $85,178 ($37,069) ($31,898) $365,113 2019 Operating revenues $2,376,437 $289,783 $2 ($13) $2,666,209 Income taxes $21,150 ($9,290) ($10,402) $— $1,458 Consolidated net income (loss) $334,752 ($25,382) ($36,939) ($31,898) $240,533 Entergy’s segment financial information for the six months ended June 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $4,307,690 $532,258 $29 ($10) $4,839,967 Income taxes $20,761 ($6,073) $3,233 $— $17,921 Consolidated net income (loss) $672,751 ($25,251) ($95,298) ($63,796) $488,406 Total assets as of June 30, 2020 $51,205,266 $3,658,974 $493,119 ($1,992,057) $53,365,302 2019 Operating revenues $4,552,419 $723,394 $2 ($23) $5,275,792 Income taxes $9,586 $56,618 ($21,975) $— $44,229 Consolidated net income (loss) $568,900 $71,697 ($77,620) ($63,797) $499,180 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. 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 second 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 April 1, $150 $14 $164 $213 $14 $227 Restructuring costs accrued 17 — 17 22 — 22 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $7 million in the second quarter 2020 and $16 million in the second quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance 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 38 — 38 56 — 56 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $12 million in the six months ended June 30, 2020 and $90 million in the six months ended June 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. 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 $70 million in 2020, of which $38 million has been incurred as of June 30, 2020, and a total of approximately $60 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	6 Months Ended
Risk Management And Fair Values	Jun. 30, 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 June 30, 2020 is approximately 9 months. 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 7.2 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 June 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $6 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $41 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 June 30, 2020 was 3.75 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of June 30, 2020 was 9 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of June 30, 2020 was 37,862,000 MMBtu for Entergy, including 27,400,000 MMBtu for Entergy Louisiana and 10,462,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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 June 30, 2020 was 129,379 GWh for Entergy, including 30,375 GWh for Entergy Arkansas, 61,443 GWh for Entergy Louisiana, 14,461 GWh for Entergy Mississippi, 5,873 GWh for Entergy New Orleans, and 16,793 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 June 30, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of June 30, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 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) $49 ($4) $45 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) $4 $— $4 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $23 ($1) $22 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 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 $6 million posted as of June 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $8 million posted and $41 million held as of June 30, 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 June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($7) Competitive businesses operating revenues $25 2019 Electricity swaps and options $126 Competitive businesses operating revenues $6 (a) Before taxes of $5 million and $1 million for the three months ended June 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the six months ended June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $60 Competitive businesses operating revenues $120 2019 Electricity swaps and options $152 Competitive businesses operating revenues $57 (a) Before taxes of $25 million and $12 million for the six months ended June 30, 2020 and 2019, respectively Based on market prices as of June 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $48 million of net unrealized gains. Approximately $48 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $15 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($6) Financial transmission rights Purchased power expense (b) $32 Electricity swaps and options (c) Competitive business operating revenues ($2) The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 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) ($9) Financial transmission rights Purchased power expense (b) $28 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $53 Electricity swaps and options (c) Competitive business operating revenues $3 (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 June 30, 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $6.3 ($0.2) $6.1 Entergy Arkansas Financial transmission rights Prepayments and other $12.7 ($0.2) $12.5 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $2.6 $— $2.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $1.7 $— $1.7 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $4.3 $— $4.3 Entergy Mississippi Financial transmission rights Other current liabilities $0.3 ($0.5) $0.2 Entergy New Orleans 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 June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $4.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.4) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.3 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($2.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($3.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $3.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $17.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.7 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 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 ($7.7) (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 $9.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.5) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.6 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.9) (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 $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $12.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $3.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $8.1 (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 th
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 June 30, 2020 is approximately 9 months. 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 7.2 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 June 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $6 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $41 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 June 30, 2020 was 3.75 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of June 30, 2020 was 9 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of June 30, 2020 was 37,862,000 MMBtu for Entergy, including 27,400,000 MMBtu for Entergy Louisiana and 10,462,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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 June 30, 2020 was 129,379 GWh for Entergy, including 30,375 GWh for Entergy Arkansas, 61,443 GWh for Entergy Louisiana, 14,461 GWh for Entergy Mississippi, 5,873 GWh for Entergy New Orleans, and 16,793 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 June 30, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of June 30, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 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) $49 ($4) $45 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) $4 $— $4 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $23 ($1) $22 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 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 $6 million posted as of June 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $8 million posted and $41 million held as of June 30, 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 June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($7) Competitive businesses operating revenues $25 2019 Electricity swaps and options $126 Competitive businesses operating revenues $6 (a) Before taxes of $5 million and $1 million for the three months ended June 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the six months ended June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $60 Competitive businesses operating revenues $120 2019 Electricity swaps and options $152 Competitive businesses operating revenues $57 (a) Before taxes of $25 million and $12 million for the six months ended June 30, 2020 and 2019, respectively Based on market prices as of June 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $48 million of net unrealized gains. Approximately $48 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $15 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($6) Financial transmission rights Purchased power expense (b) $32 Electricity swaps and options (c) Competitive business operating revenues ($2) The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 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) ($9) Financial transmission rights Purchased power expense (b) $28 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $53 Electricity swaps and options (c) Competitive business operating revenues $3 (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 June 30, 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $6.3 ($0.2) $6.1 Entergy Arkansas Financial transmission rights Prepayments and other $12.7 ($0.2) $12.5 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $2.6 $— $2.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $1.7 $— $1.7 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $4.3 $— $4.3 Entergy Mississippi Financial transmission rights Other current liabilities $0.3 ($0.5) $0.2 Entergy New Orleans 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 June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $4.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.4) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.3 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($2.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($3.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $3.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $17.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.7 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 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 ($7.7) (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 $9.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.5) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.6 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.9) (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 $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $12.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $3.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $8.1 (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 th
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 June 30, 2020 is approximately 9 months. 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 7.2 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 June 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $6 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $41 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 June 30, 2020 was 3.75 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of June 30, 2020 was 9 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of June 30, 2020 was 37,862,000 MMBtu for Entergy, including 27,400,000 MMBtu for Entergy Louisiana and 10,462,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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 June 30, 2020 was 129,379 GWh for Entergy, including 30,375 GWh for Entergy Arkansas, 61,443 GWh for Entergy Louisiana, 14,461 GWh for Entergy Mississippi, 5,873 GWh for Entergy New Orleans, and 16,793 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 June 30, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of June 30, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 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) $49 ($4) $45 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) $4 $— $4 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $23 ($1) $22 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 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 $6 million posted as of June 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $8 million posted and $41 million held as of June 30, 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 June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($7) Competitive businesses operating revenues $25 2019 Electricity swaps and options $126 Competitive businesses operating revenues $6 (a) Before taxes of $5 million and $1 million for the three months ended June 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the six months ended June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $60 Competitive businesses operating revenues $120 2019 Electricity swaps and options $152 Competitive businesses operating revenues $57 (a) Before taxes of $25 million and $12 million for the six months ended June 30, 2020 and 2019, respectively Based on market prices as of June 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $48 million of net unrealized gains. Approximately $48 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $15 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($6) Financial transmission rights Purchased power expense (b) $32 Electricity swaps and options (c) Competitive business operating revenues ($2) The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 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) ($9) Financial transmission rights Purchased power expense (b) $28 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $53 Electricity swaps and options (c) Competitive business operating revenues $3 (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 June 30, 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $6.3 ($0.2) $6.1 Entergy Arkansas Financial transmission rights Prepayments and other $12.7 ($0.2) $12.5 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $2.6 $— $2.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $1.7 $— $1.7 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $4.3 $— $4.3 Entergy Mississippi Financial transmission rights Other current liabilities $0.3 ($0.5) $0.2 Entergy New Orleans 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 June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $4.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.4) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.3 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($2.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($3.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $3.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $17.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.7 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 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 ($7.7) (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 $9.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.5) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.6 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.9) (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 $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $12.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $3.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $8.1 (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 th
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 June 30, 2020 is approximately 9 months. 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 7.2 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 June 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $6 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $41 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 June 30, 2020 was 3.75 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of June 30, 2020 was 9 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of June 30, 2020 was 37,862,000 MMBtu for Entergy, including 27,400,000 MMBtu for Entergy Louisiana and 10,462,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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 June 30, 2020 was 129,379 GWh for Entergy, including 30,375 GWh for Entergy Arkansas, 61,443 GWh for Entergy Louisiana, 14,461 GWh for Entergy Mississippi, 5,873 GWh for Entergy New Orleans, and 16,793 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 June 30, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of June 30, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 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) $49 ($4) $45 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) $4 $— $4 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $23 ($1) $22 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 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 $6 million posted as of June 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $8 million posted and $41 million held as of June 30, 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 June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($7) Competitive businesses operating revenues $25 2019 Electricity swaps and options $126 Competitive businesses operating revenues $6 (a) Before taxes of $5 million and $1 million for the three months ended June 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the six months ended June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $60 Competitive businesses operating revenues $120 2019 Electricity swaps and options $152 Competitive businesses operating revenues $57 (a) Before taxes of $25 million and $12 million for the six months ended June 30, 2020 and 2019, respectively Based on market prices as of June 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $48 million of net unrealized gains. Approximately $48 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $15 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($6) Financial transmission rights Purchased power expense (b) $32 Electricity swaps and options (c) Competitive business operating revenues ($2) The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 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) ($9) Financial transmission rights Purchased power expense (b) $28 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $53 Electricity swaps and options (c) Competitive business operating revenues $3 (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 June 30, 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $6.3 ($0.2) $6.1 Entergy Arkansas Financial transmission rights Prepayments and other $12.7 ($0.2) $12.5 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $2.6 $— $2.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $1.7 $— $1.7 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $4.3 $— $4.3 Entergy Mississippi Financial transmission rights Other current liabilities $0.3 ($0.5) $0.2 Entergy New Orleans 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 June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $4.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.4) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.3 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($2.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($3.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $3.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $17.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.7 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 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 ($7.7) (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 $9.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.5) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.6 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.9) (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 $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $12.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $3.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $8.1 (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 th
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 June 30, 2020 is approximately 9 months. 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 7.2 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 June 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $6 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $41 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 June 30, 2020 was 3.75 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of June 30, 2020 was 9 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of June 30, 2020 was 37,862,000 MMBtu for Entergy, including 27,400,000 MMBtu for Entergy Louisiana and 10,462,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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 June 30, 2020 was 129,379 GWh for Entergy, including 30,375 GWh for Entergy Arkansas, 61,443 GWh for Entergy Louisiana, 14,461 GWh for Entergy Mississippi, 5,873 GWh for Entergy New Orleans, and 16,793 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 June 30, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of June 30, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 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) $49 ($4) $45 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) $4 $— $4 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $23 ($1) $22 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 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 $6 million posted as of June 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $8 million posted and $41 million held as of June 30, 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 June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($7) Competitive businesses operating revenues $25 2019 Electricity swaps and options $126 Competitive businesses operating revenues $6 (a) Before taxes of $5 million and $1 million for the three months ended June 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the six months ended June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $60 Competitive businesses operating revenues $120 2019 Electricity swaps and options $152 Competitive businesses operating revenues $57 (a) Before taxes of $25 million and $12 million for the six months ended June 30, 2020 and 2019, respectively Based on market prices as of June 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $48 million of net unrealized gains. Approximately $48 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $15 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($6) Financial transmission rights Purchased power expense (b) $32 Electricity swaps and options (c) Competitive business operating revenues ($2) The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 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) ($9) Financial transmission rights Purchased power expense (b) $28 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $53 Electricity swaps and options (c) Competitive business operating revenues $3 (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 June 30, 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $6.3 ($0.2) $6.1 Entergy Arkansas Financial transmission rights Prepayments and other $12.7 ($0.2) $12.5 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $2.6 $— $2.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $1.7 $— $1.7 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $4.3 $— $4.3 Entergy Mississippi Financial transmission rights Other current liabilities $0.3 ($0.5) $0.2 Entergy New Orleans 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 June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $4.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.4) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.3 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($2.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($3.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $3.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $17.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.7 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 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 ($7.7) (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 $9.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.5) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.6 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.9) (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 $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $12.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $3.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $8.1 (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 th
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 June 30, 2020 is approximately 9 months. 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 7.2 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 June 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $6 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $41 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 June 30, 2020 was 3.75 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of June 30, 2020 was 9 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of June 30, 2020 was 37,862,000 MMBtu for Entergy, including 27,400,000 MMBtu for Entergy Louisiana and 10,462,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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 June 30, 2020 was 129,379 GWh for Entergy, including 30,375 GWh for Entergy Arkansas, 61,443 GWh for Entergy Louisiana, 14,461 GWh for Entergy Mississippi, 5,873 GWh for Entergy New Orleans, and 16,793 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 June 30, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of June 30, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 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) $49 ($4) $45 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) $4 $— $4 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $23 ($1) $22 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 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 $6 million posted as of June 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $8 million posted and $41 million held as of June 30, 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 June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($7) Competitive businesses operating revenues $25 2019 Electricity swaps and options $126 Competitive businesses operating revenues $6 (a) Before taxes of $5 million and $1 million for the three months ended June 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the six months ended June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $60 Competitive businesses operating revenues $120 2019 Electricity swaps and options $152 Competitive businesses operating revenues $57 (a) Before taxes of $25 million and $12 million for the six months ended June 30, 2020 and 2019, respectively Based on market prices as of June 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $48 million of net unrealized gains. Approximately $48 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $15 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($6) Financial transmission rights Purchased power expense (b) $32 Electricity swaps and options (c) Competitive business operating revenues ($2) The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 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) ($9) Financial transmission rights Purchased power expense (b) $28 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $53 Electricity swaps and options (c) Competitive business operating revenues $3 (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 June 30, 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $6.3 ($0.2) $6.1 Entergy Arkansas Financial transmission rights Prepayments and other $12.7 ($0.2) $12.5 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $2.6 $— $2.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $1.7 $— $1.7 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $4.3 $— $4.3 Entergy Mississippi Financial transmission rights Other current liabilities $0.3 ($0.5) $0.2 Entergy New Orleans 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 June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $4.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.4) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.3 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($2.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($3.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $3.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $17.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.7 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 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 ($7.7) (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 $9.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.5) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.6 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.9) (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 $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $12.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $3.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $8.1 (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 th
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 June 30, 2020 is approximately 9 months. 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 7.2 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 June 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $6 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $41 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 June 30, 2020 was 3.75 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of June 30, 2020 was 9 months for Entergy Mississippi. The total volume of natural gas swaps and options outstanding as of June 30, 2020 was 37,862,000 MMBtu for Entergy, including 27,400,000 MMBtu for Entergy Louisiana and 10,462,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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 June 30, 2020 was 129,379 GWh for Entergy, including 30,375 GWh for Entergy Arkansas, 61,443 GWh for Entergy Louisiana, 14,461 GWh for Entergy Mississippi, 5,873 GWh for Entergy New Orleans, and 16,793 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 June 30, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi as of June 30, 2020 and December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 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) $49 ($4) $45 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) $4 $— $4 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $23 ($1) $22 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 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 $6 million posted as of June 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $8 million posted and $41 million held as of June 30, 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 June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($7) Competitive businesses operating revenues $25 2019 Electricity swaps and options $126 Competitive businesses operating revenues $6 (a) Before taxes of $5 million and $1 million for the three months ended June 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the six months ended June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $60 Competitive businesses operating revenues $120 2019 Electricity swaps and options $152 Competitive businesses operating revenues $57 (a) Before taxes of $25 million and $12 million for the six months ended June 30, 2020 and 2019, respectively Based on market prices as of June 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $48 million of net unrealized gains. Approximately $48 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $15 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($6) Financial transmission rights Purchased power expense (b) $32 Electricity swaps and options (c) Competitive business operating revenues ($2) The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 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) ($9) Financial transmission rights Purchased power expense (b) $28 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $53 Electricity swaps and options (c) Competitive business operating revenues $3 (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 June 30, 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $6.3 ($0.2) $6.1 Entergy Arkansas Financial transmission rights Prepayments and other $12.7 ($0.2) $12.5 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $2.6 $— $2.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $1.7 $— $1.7 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $4.3 $— $4.3 Entergy Mississippi Financial transmission rights Other current liabilities $0.3 ($0.5) $0.2 Entergy New Orleans 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 June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $4.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.4) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.3 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($2.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($3.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $3.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $17.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.7 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 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 ($7.7) (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 $9.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.5) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.6 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.9) (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 $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $12.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $3.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $8.1 (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 th

Decommissioning Trust Funds

Decommissioning Trust Funds	6 Months Ended
Decommissioning Trust Funds	Jun. 30, 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 and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $508 million and ($126) million, respectively. 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities (a) $2,585 $206 $2 2019 Debt Securities (a) $2,456 $96 $6 (a) Debt securities presented herein do not include the $538 million and $507 million of debt securities held in the wholly-owned registered investment company as of June 30, 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 $33 million as of June 30, 2020 and $13 million as of December 31, 2019 for debt securities. The amortized cost of available-for-sale debt securities was $2,381 million as of June 30, 2020 and $2,366 million as of December 31, 2019. As of June 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 3.19%, an average duration of approximately 7.08 years, and an average maturity of approximately 10.45 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $116 $2 $404 $5 More than 12 months 5 — 38 1 Total $121 $2 $442 $6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $36 $128 1 year - 5 years 775 807 5 years - 10 years 743 666 10 years - 15 years 309 125 15 years - 20 years 130 126 20 years+ 592 604 Total $2,585 $2,456 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $276 million and $361 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $15 million and $6 million, respectively, and gross losses of $1 million and $1 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $676 million and $726 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $29 million and $8 million, respectively, and gross losses of $4 million and $3 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 June 30, 2020 were $565 million for Indian Point 1, $715 million for Indian Point 2, $945 million for Indian Point 3, and $528 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $441.5 $30.0 $0.1 2019 Debt Securities $412.8 $9.9 $2.6 The amortized cost of available-for-sale debt securities was $411.6 million as of June 30, 2020 and $405.4 million as of December 31, 2019. As of June 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.72%, an average duration of approximately 7.18 years, and an average maturity of approximately 8.62 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $116.8 million and ($30.4) million, respectively. 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $14.6 $0.1 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $14.6 $0.1 $112.5 $2.6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $21.9 $44.1 1 year - 5 years 104.2 109.1 5 years - 10 years 178.2 156.0 10 years - 15 years 67.9 31.3 15 years - 20 years 29.5 23.8 20 years+ 39.8 48.5 Total $441.5 $412.8 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $17.7 million and $22.3 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $1.3 million and $0.1 million, respectively, and gross losses of $0.1 million and $18 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $66.4 million and $33.2 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $5.8 million and $0.1 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $622.9 $50.1 $0.5 2019 Debt Securities $601.5 $29.3 $0.8 The amortized cost of available-for-sale debt securities was $573.3 million as of June 30, 2020 and $573 million as of December 31, 2019. As of June 30, 2020, the available-for-sale debt securities had an average coupon rate of approximately 3.84%, an average duration of approximately 7.21 years, and an average maturity of approximately 12.96 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $160.8 million and ($40.1) million, respectively. 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $29.3 $0.5 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $30.1 $0.5 $79.1 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $8.4 $40.7 1 year - 5 years 142.4 142.0 5 years - 10 years 144.0 132.4 10 years - 15 years 80.4 39.8 15 years - 20 years 55.4 49.2 20 years+ 192.3 197.4 Total $622.9 $601.5 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $34.1 million and $39.5 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $2 million and $1.4 million, respectively, and gross losses of $0.1 million and $0.05 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $101.5 million and $95.7 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $4.9 million and $1.7 million, respectively, and gross losses of $0.7 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $418.8 $32.4 $0.3 2019 Debt Securities $386.2 $15.1 $0.3 The amortized cost of available-for-sale debt securities was $386.7 million as of June 30, 2020 and $371.4 million as of December 31, 2019. As of June 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.97%, an average duration of approximately 7.39 years, and an average maturity of approximately 11.19 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $111.1 million and ($28.9) million, respectively. 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $15.4 $0.3 $56.9 $0.3 More than 12 months — — 0.3 — Total $15.4 $0.3 $57.2 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year ($1.8) $8.5 1 year - 5 years 166.7 154.6 5 years - 10 years 103.4 92.3 10 years - 15 years 27.4 13.4 15 years - 20 years 6.5 14.4 20 years+ 116.6 103.0 Total $418.8 $386.2 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $73.6 million and $87.7 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $5.4 million and $1.5 million, respectively, and gross losses of $0.2 million and $0.3 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $165.6 million and $129.8 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $7 million and $1.9 million, respectively, and gross losses of $0.4 million and $0.4 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 June 30, 2020, Entergy’s allowance for expected credit losses related to available-for-sale securities was $0.4 million. Entergy did not record any impairments of available-for-sale debt securities for the three and six months ended June 30, 2020. Other-than-temporary impairments and unrealized gains and losses
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 and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $508 million and ($126) million, respectively. 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities (a) $2,585 $206 $2 2019 Debt Securities (a) $2,456 $96 $6 (a) Debt securities presented herein do not include the $538 million and $507 million of debt securities held in the wholly-owned registered investment company as of June 30, 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 $33 million as of June 30, 2020 and $13 million as of December 31, 2019 for debt securities. The amortized cost of available-for-sale debt securities was $2,381 million as of June 30, 2020 and $2,366 million as of December 31, 2019. As of June 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 3.19%, an average duration of approximately 7.08 years, and an average maturity of approximately 10.45 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $116 $2 $404 $5 More than 12 months 5 — 38 1 Total $121 $2 $442 $6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $36 $128 1 year - 5 years 775 807 5 years - 10 years 743 666 10 years - 15 years 309 125 15 years - 20 years 130 126 20 years+ 592 604 Total $2,585 $2,456 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $276 million and $361 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $15 million and $6 million, respectively, and gross losses of $1 million and $1 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $676 million and $726 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $29 million and $8 million, respectively, and gross losses of $4 million and $3 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 June 30, 2020 were $565 million for Indian Point 1, $715 million for Indian Point 2, $945 million for Indian Point 3, and $528 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $441.5 $30.0 $0.1 2019 Debt Securities $412.8 $9.9 $2.6 The amortized cost of available-for-sale debt securities was $411.6 million as of June 30, 2020 and $405.4 million as of December 31, 2019. As of June 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.72%, an average duration of approximately 7.18 years, and an average maturity of approximately 8.62 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $116.8 million and ($30.4) million, respectively. 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $14.6 $0.1 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $14.6 $0.1 $112.5 $2.6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $21.9 $44.1 1 year - 5 years 104.2 109.1 5 years - 10 years 178.2 156.0 10 years - 15 years 67.9 31.3 15 years - 20 years 29.5 23.8 20 years+ 39.8 48.5 Total $441.5 $412.8 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $17.7 million and $22.3 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $1.3 million and $0.1 million, respectively, and gross losses of $0.1 million and $18 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $66.4 million and $33.2 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $5.8 million and $0.1 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $622.9 $50.1 $0.5 2019 Debt Securities $601.5 $29.3 $0.8 The amortized cost of available-for-sale debt securities was $573.3 million as of June 30, 2020 and $573 million as of December 31, 2019. As of June 30, 2020, the available-for-sale debt securities had an average coupon rate of approximately 3.84%, an average duration of approximately 7.21 years, and an average maturity of approximately 12.96 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $160.8 million and ($40.1) million, respectively. 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $29.3 $0.5 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $30.1 $0.5 $79.1 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $8.4 $40.7 1 year - 5 years 142.4 142.0 5 years - 10 years 144.0 132.4 10 years - 15 years 80.4 39.8 15 years - 20 years 55.4 49.2 20 years+ 192.3 197.4 Total $622.9 $601.5 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $34.1 million and $39.5 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $2 million and $1.4 million, respectively, and gross losses of $0.1 million and $0.05 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $101.5 million and $95.7 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $4.9 million and $1.7 million, respectively, and gross losses of $0.7 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $418.8 $32.4 $0.3 2019 Debt Securities $386.2 $15.1 $0.3 The amortized cost of available-for-sale debt securities was $386.7 million as of June 30, 2020 and $371.4 million as of December 31, 2019. As of June 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.97%, an average duration of approximately 7.39 years, and an average maturity of approximately 11.19 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $111.1 million and ($28.9) million, respectively. 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $15.4 $0.3 $56.9 $0.3 More than 12 months — — 0.3 — Total $15.4 $0.3 $57.2 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year ($1.8) $8.5 1 year - 5 years 166.7 154.6 5 years - 10 years 103.4 92.3 10 years - 15 years 27.4 13.4 15 years - 20 years 6.5 14.4 20 years+ 116.6 103.0 Total $418.8 $386.2 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $73.6 million and $87.7 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $5.4 million and $1.5 million, respectively, and gross losses of $0.2 million and $0.3 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $165.6 million and $129.8 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $7 million and $1.9 million, respectively, and gross losses of $0.4 million and $0.4 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 June 30, 2020, Entergy’s allowance for expected credit losses related to available-for-sale securities was $0.4 million. Entergy did not record any impairments of available-for-sale debt securities for the three and six months ended June 30, 2020. Other-than-temporary impairments and unrealized gains and losses
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 and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $508 million and ($126) million, respectively. 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities (a) $2,585 $206 $2 2019 Debt Securities (a) $2,456 $96 $6 (a) Debt securities presented herein do not include the $538 million and $507 million of debt securities held in the wholly-owned registered investment company as of June 30, 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 $33 million as of June 30, 2020 and $13 million as of December 31, 2019 for debt securities. The amortized cost of available-for-sale debt securities was $2,381 million as of June 30, 2020 and $2,366 million as of December 31, 2019. As of June 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 3.19%, an average duration of approximately 7.08 years, and an average maturity of approximately 10.45 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $116 $2 $404 $5 More than 12 months 5 — 38 1 Total $121 $2 $442 $6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $36 $128 1 year - 5 years 775 807 5 years - 10 years 743 666 10 years - 15 years 309 125 15 years - 20 years 130 126 20 years+ 592 604 Total $2,585 $2,456 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $276 million and $361 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $15 million and $6 million, respectively, and gross losses of $1 million and $1 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $676 million and $726 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $29 million and $8 million, respectively, and gross losses of $4 million and $3 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 June 30, 2020 were $565 million for Indian Point 1, $715 million for Indian Point 2, $945 million for Indian Point 3, and $528 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $441.5 $30.0 $0.1 2019 Debt Securities $412.8 $9.9 $2.6 The amortized cost of available-for-sale debt securities was $411.6 million as of June 30, 2020 and $405.4 million as of December 31, 2019. As of June 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.72%, an average duration of approximately 7.18 years, and an average maturity of approximately 8.62 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $116.8 million and ($30.4) million, respectively. 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $14.6 $0.1 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $14.6 $0.1 $112.5 $2.6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $21.9 $44.1 1 year - 5 years 104.2 109.1 5 years - 10 years 178.2 156.0 10 years - 15 years 67.9 31.3 15 years - 20 years 29.5 23.8 20 years+ 39.8 48.5 Total $441.5 $412.8 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $17.7 million and $22.3 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $1.3 million and $0.1 million, respectively, and gross losses of $0.1 million and $18 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $66.4 million and $33.2 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $5.8 million and $0.1 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $622.9 $50.1 $0.5 2019 Debt Securities $601.5 $29.3 $0.8 The amortized cost of available-for-sale debt securities was $573.3 million as of June 30, 2020 and $573 million as of December 31, 2019. As of June 30, 2020, the available-for-sale debt securities had an average coupon rate of approximately 3.84%, an average duration of approximately 7.21 years, and an average maturity of approximately 12.96 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $160.8 million and ($40.1) million, respectively. 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $29.3 $0.5 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $30.1 $0.5 $79.1 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $8.4 $40.7 1 year - 5 years 142.4 142.0 5 years - 10 years 144.0 132.4 10 years - 15 years 80.4 39.8 15 years - 20 years 55.4 49.2 20 years+ 192.3 197.4 Total $622.9 $601.5 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $34.1 million and $39.5 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $2 million and $1.4 million, respectively, and gross losses of $0.1 million and $0.05 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $101.5 million and $95.7 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $4.9 million and $1.7 million, respectively, and gross losses of $0.7 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $418.8 $32.4 $0.3 2019 Debt Securities $386.2 $15.1 $0.3 The amortized cost of available-for-sale debt securities was $386.7 million as of June 30, 2020 and $371.4 million as of December 31, 2019. As of June 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.97%, an average duration of approximately 7.39 years, and an average maturity of approximately 11.19 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $111.1 million and ($28.9) million, respectively. 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $15.4 $0.3 $56.9 $0.3 More than 12 months — — 0.3 — Total $15.4 $0.3 $57.2 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year ($1.8) $8.5 1 year - 5 years 166.7 154.6 5 years - 10 years 103.4 92.3 10 years - 15 years 27.4 13.4 15 years - 20 years 6.5 14.4 20 years+ 116.6 103.0 Total $418.8 $386.2 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $73.6 million and $87.7 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $5.4 million and $1.5 million, respectively, and gross losses of $0.2 million and $0.3 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $165.6 million and $129.8 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $7 million and $1.9 million, respectively, and gross losses of $0.4 million and $0.4 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 June 30, 2020, Entergy’s allowance for expected credit losses related to available-for-sale securities was $0.4 million. Entergy did not record any impairments of available-for-sale debt securities for the three and six months ended June 30, 2020. Other-than-temporary impairments and unrealized gains and losses
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 and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $508 million and ($126) million, respectively. 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities (a) $2,585 $206 $2 2019 Debt Securities (a) $2,456 $96 $6 (a) Debt securities presented herein do not include the $538 million and $507 million of debt securities held in the wholly-owned registered investment company as of June 30, 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 $33 million as of June 30, 2020 and $13 million as of December 31, 2019 for debt securities. The amortized cost of available-for-sale debt securities was $2,381 million as of June 30, 2020 and $2,366 million as of December 31, 2019. As of June 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 3.19%, an average duration of approximately 7.08 years, and an average maturity of approximately 10.45 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $116 $2 $404 $5 More than 12 months 5 — 38 1 Total $121 $2 $442 $6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $36 $128 1 year - 5 years 775 807 5 years - 10 years 743 666 10 years - 15 years 309 125 15 years - 20 years 130 126 20 years+ 592 604 Total $2,585 $2,456 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $276 million and $361 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $15 million and $6 million, respectively, and gross losses of $1 million and $1 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $676 million and $726 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $29 million and $8 million, respectively, and gross losses of $4 million and $3 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 June 30, 2020 were $565 million for Indian Point 1, $715 million for Indian Point 2, $945 million for Indian Point 3, and $528 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $441.5 $30.0 $0.1 2019 Debt Securities $412.8 $9.9 $2.6 The amortized cost of available-for-sale debt securities was $411.6 million as of June 30, 2020 and $405.4 million as of December 31, 2019. As of June 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.72%, an average duration of approximately 7.18 years, and an average maturity of approximately 8.62 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $116.8 million and ($30.4) million, respectively. 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $14.6 $0.1 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $14.6 $0.1 $112.5 $2.6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $21.9 $44.1 1 year - 5 years 104.2 109.1 5 years - 10 years 178.2 156.0 10 years - 15 years 67.9 31.3 15 years - 20 years 29.5 23.8 20 years+ 39.8 48.5 Total $441.5 $412.8 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $17.7 million and $22.3 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $1.3 million and $0.1 million, respectively, and gross losses of $0.1 million and $18 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $66.4 million and $33.2 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $5.8 million and $0.1 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $622.9 $50.1 $0.5 2019 Debt Securities $601.5 $29.3 $0.8 The amortized cost of available-for-sale debt securities was $573.3 million as of June 30, 2020 and $573 million as of December 31, 2019. As of June 30, 2020, the available-for-sale debt securities had an average coupon rate of approximately 3.84%, an average duration of approximately 7.21 years, and an average maturity of approximately 12.96 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $160.8 million and ($40.1) million, respectively. 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $29.3 $0.5 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $30.1 $0.5 $79.1 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $8.4 $40.7 1 year - 5 years 142.4 142.0 5 years - 10 years 144.0 132.4 10 years - 15 years 80.4 39.8 15 years - 20 years 55.4 49.2 20 years+ 192.3 197.4 Total $622.9 $601.5 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $34.1 million and $39.5 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $2 million and $1.4 million, respectively, and gross losses of $0.1 million and $0.05 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $101.5 million and $95.7 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $4.9 million and $1.7 million, respectively, and gross losses of $0.7 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 June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $418.8 $32.4 $0.3 2019 Debt Securities $386.2 $15.1 $0.3 The amortized cost of available-for-sale debt securities was $386.7 million as of June 30, 2020 and $371.4 million as of December 31, 2019. As of June 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.97%, an average duration of approximately 7.39 years, and an average maturity of approximately 11.19 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2020 on equity securities still held as of June 30, 2020 were $111.1 million and ($28.9) million, respectively. 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $15.4 $0.3 $56.9 $0.3 More than 12 months — — 0.3 — Total $15.4 $0.3 $57.2 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year ($1.8) $8.5 1 year - 5 years 166.7 154.6 5 years - 10 years 103.4 92.3 10 years - 15 years 27.4 13.4 15 years - 20 years 6.5 14.4 20 years+ 116.6 103.0 Total $418.8 $386.2 During the three months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $73.6 million and $87.7 million, respectively. During the three months ended June 30, 2020 and 2019, gross gains of $5.4 million and $1.5 million, respectively, and gross losses of $0.2 million and $0.3 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $165.6 million and $129.8 million, respectively. During the six months ended June 30, 2020 and 2019, gross gains of $7 million and $1.9 million, respectively, and gross losses of $0.4 million and $0.4 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 June 30, 2020, Entergy’s allowance for expected credit losses related to available-for-sale securities was $0.4 million. Entergy did not record any impairments of available-for-sale debt securities for the three and six months ended June 30, 2020. Other-than-temporary impairments and unrealized gains and losses

Income Taxes

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7 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. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy adopted a new method of accounting for income tax return purposes in which its nuclear decommissioning costs are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy in 2015. Entergy expects to concede this tax position with the IRS during the third quarter 2020, which will result in an approximate $400 million decrease in federal uncertain tax positions for Entergy and System Energy and a corresponding decrease in federal deferred tax assets for Entergy and an increase in taxes payable for System Energy. 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.
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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7 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. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy adopted a new method of accounting for income tax return purposes in which its nuclear decommissioning costs are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy in 2015. Entergy expects to concede this tax position with the IRS during the third quarter 2020, which will result in an approximate $400 million decrease in federal uncertain tax positions for Entergy and System Energy and a corresponding decrease in federal deferred tax assets for Entergy and an increase in taxes payable for System Energy. 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.
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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7 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. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy adopted a new method of accounting for income tax return purposes in which its nuclear decommissioning costs are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy in 2015. Entergy expects to concede this tax position with the IRS during the third quarter 2020, which will result in an approximate $400 million decrease in federal uncertain tax positions for Entergy and System Energy and a corresponding decrease in federal deferred tax assets for Entergy and an increase in taxes payable for System Energy. 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.
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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7 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. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy adopted a new method of accounting for income tax return purposes in which its nuclear decommissioning costs are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy in 2015. Entergy expects to concede this tax position with the IRS during the third quarter 2020, which will result in an approximate $400 million decrease in federal uncertain tax positions for Entergy and System Energy and a corresponding decrease in federal deferred tax assets for Entergy and an increase in taxes payable for System Energy. 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.
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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7 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. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy adopted a new method of accounting for income tax return purposes in which its nuclear decommissioning costs are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy in 2015. Entergy expects to concede this tax position with the IRS during the third quarter 2020, which will result in an approximate $400 million decrease in federal uncertain tax positions for Entergy and System Energy and a corresponding decrease in federal deferred tax assets for Entergy and an increase in taxes payable for System Energy. 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.
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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7 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. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy adopted a new method of accounting for income tax return purposes in which its nuclear decommissioning costs are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy in 2015. Entergy expects to concede this tax position with the IRS during the third quarter 2020, which will result in an approximate $400 million decrease in federal uncertain tax positions for Entergy and System Energy and a corresponding decrease in federal deferred tax assets for Entergy and an increase in taxes payable for System Energy. 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.
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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7 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. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy adopted a new method of accounting for income tax return purposes in which its nuclear decommissioning costs are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy in 2015. Entergy expects to concede this tax position with the IRS during the third quarter 2020, which will result in an approximate $400 million decrease in federal uncertain tax positions for Entergy and System Energy and a corresponding decrease in federal deferred tax assets for Entergy and an increase in taxes payable for System Energy. 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.

Property, Plant, And Equipment

Property, Plant, And Equipment	6 Months Ended
Property, Plant, And Equipment	Jun. 30, 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 June 30, 2020 were $281 million for Entergy, $48.4 million for Entergy Arkansas, $74.2 million for Entergy Louisiana, $21.7 million for Entergy Mississippi, $13.2 million for Entergy New Orleans, $46.7 million for Entergy Texas, and $26.1 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 June 30, 2020 were $281 million for Entergy, $48.4 million for Entergy Arkansas, $74.2 million for Entergy Louisiana, $21.7 million for Entergy Mississippi, $13.2 million for Entergy New Orleans, $46.7 million for Entergy Texas, and $26.1 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 June 30, 2020 were $281 million for Entergy, $48.4 million for Entergy Arkansas, $74.2 million for Entergy Louisiana, $21.7 million for Entergy Mississippi, $13.2 million for Entergy New Orleans, $46.7 million for Entergy Texas, and $26.1 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 June 30, 2020 were $281 million for Entergy, $48.4 million for Entergy Arkansas, $74.2 million for Entergy Louisiana, $21.7 million for Entergy Mississippi, $13.2 million for Entergy New Orleans, $46.7 million for Entergy Texas, and $26.1 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 June 30, 2020 were $281 million for Entergy, $48.4 million for Entergy Arkansas, $74.2 million for Entergy Louisiana, $21.7 million for Entergy Mississippi, $13.2 million for Entergy New Orleans, $46.7 million for Entergy Texas, and $26.1 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 June 30, 2020 were $281 million for Entergy, $48.4 million for Entergy Arkansas, $74.2 million for Entergy Louisiana, $21.7 million for Entergy Mississippi, $13.2 million for Entergy New Orleans, $46.7 million for Entergy Texas, and $26.1 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 June 30, 2020 were $281 million for Entergy, $48.4 million for Entergy Arkansas, $74.2 million for Entergy Louisiana, $21.7 million for Entergy Mississippi, $13.2 million for Entergy New Orleans, $46.7 million for Entergy Texas, and $26.1 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	6 Months Ended
Variable Interest Entities	Jun. 30, 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 six months ended June 30, 2020 and the six months ended June 30, 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 six months ended June 30, 2020 and the six months ended June 30, 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 six months ended June 30, 2020 and the six months ended June 30, 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 six months ended June 30, 2020 and the six months ended June 30, 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 six months ended June 30, 2020 and the six months ended June 30, 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 six months ended June 30, 2020 and the six months ended June 30, 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 six months ended June 30, 2020 and the six months ended June 30, 2019.

Revenue Recognition

Revenue Recognition	6 Months Ended
Revenue Recognition	Jun. 30, 2020
Revenue Recognition	NOTE 13. 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 June 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $790,869 $770,373 Commercial 526,121 595,025 Industrial 576,203 641,733 Governmental 46,959 57,623 Total billed retail 1,940,152 2,064,754 Sales for resale (a) 52,761 75,318 Other electric revenues (b) 168,721 195,952 Revenues from contracts with customers 2,161,634 2,336,024 Other revenues (c) 28,923 9,703 Total electric revenues 2,190,557 2,345,727 Natural gas 22,495 30,699 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 175,720 280,398 Other revenues (c) 24,016 9,385 Total competitive businesses revenues 199,736 289,783 Total operating revenues $2,412,788 $2,666,209 Entergy’s total revenues for the six months ended June 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $1,588,897 $1,572,911 Commercial 1,065,061 1,149,082 Industrial 1,133,718 1,242,734 Governmental 99,541 110,584 Total billed retail 3,887,217 4,075,311 Sales for resale (a) 106,487 159,753 Other electric revenues (b) 218,887 211,422 Revenues from contracts with customers 4,212,591 4,446,486 Other revenues (c) 28,605 20,265 Total electric revenues 4,241,196 4,466,751 Natural gas 66,471 85,647 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 391,723 640,869 Other revenues (c) 140,577 82,525 Total competitive businesses revenues 532,300 723,394 Total operating revenues $4,839,967 $5,275,792 The Registrant Subsidiaries’ total revenues for the three months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,171 $301,105 $112,361 $53,420 $152,811 Commercial 106,104 209,119 89,594 36,401 84,904 Industrial 106,254 335,201 35,874 3,066 95,809 Governmental 4,344 16,781 9,798 10,475 5,560 Total billed retail 387,873 862,206 247,627 103,362 339,084 Sales for resale (a) 36,956 82,698 18,426 8,018 13,187 Other electric revenues (b) 63,537 53,104 29,393 3,999 20,039 Revenues from contracts with customers 488,366 998,008 295,446 115,379 372,310 Other revenues (c) 3,401 3,593 2,508 19,520 (116) Total electric revenues 491,767 1,001,601 297,954 134,899 372,194 Natural gas — 10,051 — 12,444 — Total operating revenues $491,767 $1,011,652 $297,954 $147,343 $372,194 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $157,714 $290,366 $116,801 $58,621 $146,871 Commercial 125,555 232,134 102,275 53,981 81,080 Industrial 118,913 384,919 38,739 8,490 90,672 Governmental 4,971 17,925 10,521 18,984 5,222 Total billed retail 407,153 925,344 268,336 140,076 323,845 Sales for resale (a) 74,501 83,208 4,994 8,579 14,772 Other electric revenues (b) 58,209 80,307 26,982 7,263 24,656 Revenues from contracts with customers 539,863 1,088,859 300,312 155,918 363,273 Other revenues (c) 3,066 5,400 2,425 1,234 307 Total electric revenues 542,929 1,094,259 302,737 157,152 363,580 Natural gas — 12,058 — 18,641 — Total operating revenues $542,929 $1,106,317 $302,737 $175,793 $363,580 The Registrant Subsidiaries’ total revenues for the six months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $390,859 $560,965 $239,463 $104,319 $293,291 Commercial 217,349 411,365 186,392 81,905 168,050 Industrial 207,342 657,542 72,264 10,413 186,157 Governmental 8,374 33,535 20,125 26,326 11,180 Total billed retail 823,924 1,663,407 518,244 222,963 658,678 Sales for resale (a) 78,096 161,228 32,848 18,188 21,815 Other electric revenues (b) 65,134 85,113 35,836 4,763 30,742 Revenues from contracts with customers 967,154 1,909,748 586,928 245,914 711,235 Other revenues (c) 6,525 4,394 4,948 12,416 295 Total electric revenues 973,679 1,914,142 591,876 258,330 711,530 Natural gas — 28,157 — 38,315 — Total operating revenues $973,679 $1,942,299 $591,876 $296,645 $711,530 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $367,581 $554,431 $245,610 $110,697 $294,592 Commercial 250,133 438,912 200,189 99,723 160,125 Industrial 240,491 731,598 76,436 15,740 178,470 Governmental 9,869 34,817 20,557 34,886 10,455 Total billed retail 868,074 1,759,758 542,792 261,046 643,642 Sales for resale (a) 154,085 167,164 9,808 18,803 31,548 Other electric revenues (b) 60,514 92,746 27,387 5,556 28,153 Revenues from contracts with customers 1,082,673 2,019,668 579,987 285,405 703,343 Other revenues (c) 6,068 11,284 4,994 2,630 711 Total electric revenues 1,088,741 2,030,952 584,981 288,035 704,054 Natural gas — 34,695 — 50,952 — Total operating revenues $1,088,741 $2,065,647 $584,981 $338,987 $704,054 (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 its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 38.4 6.3 14.1 7.0 5.5 5.5 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 6.0 1.6 2.0 0.8 0.7 0.9 Balance as of June 30, 2020 $43.2 $7.3 $14.5 $7.2 $8.4 $5.8
Entergy Arkansas [Member]
Revenue Recognition	NOTE 13. 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 June 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $790,869 $770,373 Commercial 526,121 595,025 Industrial 576,203 641,733 Governmental 46,959 57,623 Total billed retail 1,940,152 2,064,754 Sales for resale (a) 52,761 75,318 Other electric revenues (b) 168,721 195,952 Revenues from contracts with customers 2,161,634 2,336,024 Other revenues (c) 28,923 9,703 Total electric revenues 2,190,557 2,345,727 Natural gas 22,495 30,699 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 175,720 280,398 Other revenues (c) 24,016 9,385 Total competitive businesses revenues 199,736 289,783 Total operating revenues $2,412,788 $2,666,209 Entergy’s total revenues for the six months ended June 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $1,588,897 $1,572,911 Commercial 1,065,061 1,149,082 Industrial 1,133,718 1,242,734 Governmental 99,541 110,584 Total billed retail 3,887,217 4,075,311 Sales for resale (a) 106,487 159,753 Other electric revenues (b) 218,887 211,422 Revenues from contracts with customers 4,212,591 4,446,486 Other revenues (c) 28,605 20,265 Total electric revenues 4,241,196 4,466,751 Natural gas 66,471 85,647 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 391,723 640,869 Other revenues (c) 140,577 82,525 Total competitive businesses revenues 532,300 723,394 Total operating revenues $4,839,967 $5,275,792 The Registrant Subsidiaries’ total revenues for the three months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,171 $301,105 $112,361 $53,420 $152,811 Commercial 106,104 209,119 89,594 36,401 84,904 Industrial 106,254 335,201 35,874 3,066 95,809 Governmental 4,344 16,781 9,798 10,475 5,560 Total billed retail 387,873 862,206 247,627 103,362 339,084 Sales for resale (a) 36,956 82,698 18,426 8,018 13,187 Other electric revenues (b) 63,537 53,104 29,393 3,999 20,039 Revenues from contracts with customers 488,366 998,008 295,446 115,379 372,310 Other revenues (c) 3,401 3,593 2,508 19,520 (116) Total electric revenues 491,767 1,001,601 297,954 134,899 372,194 Natural gas — 10,051 — 12,444 — Total operating revenues $491,767 $1,011,652 $297,954 $147,343 $372,194 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $157,714 $290,366 $116,801 $58,621 $146,871 Commercial 125,555 232,134 102,275 53,981 81,080 Industrial 118,913 384,919 38,739 8,490 90,672 Governmental 4,971 17,925 10,521 18,984 5,222 Total billed retail 407,153 925,344 268,336 140,076 323,845 Sales for resale (a) 74,501 83,208 4,994 8,579 14,772 Other electric revenues (b) 58,209 80,307 26,982 7,263 24,656 Revenues from contracts with customers 539,863 1,088,859 300,312 155,918 363,273 Other revenues (c) 3,066 5,400 2,425 1,234 307 Total electric revenues 542,929 1,094,259 302,737 157,152 363,580 Natural gas — 12,058 — 18,641 — Total operating revenues $542,929 $1,106,317 $302,737 $175,793 $363,580 The Registrant Subsidiaries’ total revenues for the six months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $390,859 $560,965 $239,463 $104,319 $293,291 Commercial 217,349 411,365 186,392 81,905 168,050 Industrial 207,342 657,542 72,264 10,413 186,157 Governmental 8,374 33,535 20,125 26,326 11,180 Total billed retail 823,924 1,663,407 518,244 222,963 658,678 Sales for resale (a) 78,096 161,228 32,848 18,188 21,815 Other electric revenues (b) 65,134 85,113 35,836 4,763 30,742 Revenues from contracts with customers 967,154 1,909,748 586,928 245,914 711,235 Other revenues (c) 6,525 4,394 4,948 12,416 295 Total electric revenues 973,679 1,914,142 591,876 258,330 711,530 Natural gas — 28,157 — 38,315 — Total operating revenues $973,679 $1,942,299 $591,876 $296,645 $711,530 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $367,581 $554,431 $245,610 $110,697 $294,592 Commercial 250,133 438,912 200,189 99,723 160,125 Industrial 240,491 731,598 76,436 15,740 178,470 Governmental 9,869 34,817 20,557 34,886 10,455 Total billed retail 868,074 1,759,758 542,792 261,046 643,642 Sales for resale (a) 154,085 167,164 9,808 18,803 31,548 Other electric revenues (b) 60,514 92,746 27,387 5,556 28,153 Revenues from contracts with customers 1,082,673 2,019,668 579,987 285,405 703,343 Other revenues (c) 6,068 11,284 4,994 2,630 711 Total electric revenues 1,088,741 2,030,952 584,981 288,035 704,054 Natural gas — 34,695 — 50,952 — Total operating revenues $1,088,741 $2,065,647 $584,981 $338,987 $704,054 (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 its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 38.4 6.3 14.1 7.0 5.5 5.5 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 6.0 1.6 2.0 0.8 0.7 0.9 Balance as of June 30, 2020 $43.2 $7.3 $14.5 $7.2 $8.4 $5.8
Entergy Louisiana [Member]
Revenue Recognition	NOTE 13. 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 June 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $790,869 $770,373 Commercial 526,121 595,025 Industrial 576,203 641,733 Governmental 46,959 57,623 Total billed retail 1,940,152 2,064,754 Sales for resale (a) 52,761 75,318 Other electric revenues (b) 168,721 195,952 Revenues from contracts with customers 2,161,634 2,336,024 Other revenues (c) 28,923 9,703 Total electric revenues 2,190,557 2,345,727 Natural gas 22,495 30,699 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 175,720 280,398 Other revenues (c) 24,016 9,385 Total competitive businesses revenues 199,736 289,783 Total operating revenues $2,412,788 $2,666,209 Entergy’s total revenues for the six months ended June 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $1,588,897 $1,572,911 Commercial 1,065,061 1,149,082 Industrial 1,133,718 1,242,734 Governmental 99,541 110,584 Total billed retail 3,887,217 4,075,311 Sales for resale (a) 106,487 159,753 Other electric revenues (b) 218,887 211,422 Revenues from contracts with customers 4,212,591 4,446,486 Other revenues (c) 28,605 20,265 Total electric revenues 4,241,196 4,466,751 Natural gas 66,471 85,647 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 391,723 640,869 Other revenues (c) 140,577 82,525 Total competitive businesses revenues 532,300 723,394 Total operating revenues $4,839,967 $5,275,792 The Registrant Subsidiaries’ total revenues for the three months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,171 $301,105 $112,361 $53,420 $152,811 Commercial 106,104 209,119 89,594 36,401 84,904 Industrial 106,254 335,201 35,874 3,066 95,809 Governmental 4,344 16,781 9,798 10,475 5,560 Total billed retail 387,873 862,206 247,627 103,362 339,084 Sales for resale (a) 36,956 82,698 18,426 8,018 13,187 Other electric revenues (b) 63,537 53,104 29,393 3,999 20,039 Revenues from contracts with customers 488,366 998,008 295,446 115,379 372,310 Other revenues (c) 3,401 3,593 2,508 19,520 (116) Total electric revenues 491,767 1,001,601 297,954 134,899 372,194 Natural gas — 10,051 — 12,444 — Total operating revenues $491,767 $1,011,652 $297,954 $147,343 $372,194 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $157,714 $290,366 $116,801 $58,621 $146,871 Commercial 125,555 232,134 102,275 53,981 81,080 Industrial 118,913 384,919 38,739 8,490 90,672 Governmental 4,971 17,925 10,521 18,984 5,222 Total billed retail 407,153 925,344 268,336 140,076 323,845 Sales for resale (a) 74,501 83,208 4,994 8,579 14,772 Other electric revenues (b) 58,209 80,307 26,982 7,263 24,656 Revenues from contracts with customers 539,863 1,088,859 300,312 155,918 363,273 Other revenues (c) 3,066 5,400 2,425 1,234 307 Total electric revenues 542,929 1,094,259 302,737 157,152 363,580 Natural gas — 12,058 — 18,641 — Total operating revenues $542,929 $1,106,317 $302,737 $175,793 $363,580 The Registrant Subsidiaries’ total revenues for the six months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $390,859 $560,965 $239,463 $104,319 $293,291 Commercial 217,349 411,365 186,392 81,905 168,050 Industrial 207,342 657,542 72,264 10,413 186,157 Governmental 8,374 33,535 20,125 26,326 11,180 Total billed retail 823,924 1,663,407 518,244 222,963 658,678 Sales for resale (a) 78,096 161,228 32,848 18,188 21,815 Other electric revenues (b) 65,134 85,113 35,836 4,763 30,742 Revenues from contracts with customers 967,154 1,909,748 586,928 245,914 711,235 Other revenues (c) 6,525 4,394 4,948 12,416 295 Total electric revenues 973,679 1,914,142 591,876 258,330 711,530 Natural gas — 28,157 — 38,315 — Total operating revenues $973,679 $1,942,299 $591,876 $296,645 $711,530 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $367,581 $554,431 $245,610 $110,697 $294,592 Commercial 250,133 438,912 200,189 99,723 160,125 Industrial 240,491 731,598 76,436 15,740 178,470 Governmental 9,869 34,817 20,557 34,886 10,455 Total billed retail 868,074 1,759,758 542,792 261,046 643,642 Sales for resale (a) 154,085 167,164 9,808 18,803 31,548 Other electric revenues (b) 60,514 92,746 27,387 5,556 28,153 Revenues from contracts with customers 1,082,673 2,019,668 579,987 285,405 703,343 Other revenues (c) 6,068 11,284 4,994 2,630 711 Total electric revenues 1,088,741 2,030,952 584,981 288,035 704,054 Natural gas — 34,695 — 50,952 — Total operating revenues $1,088,741 $2,065,647 $584,981 $338,987 $704,054 (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 its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 38.4 6.3 14.1 7.0 5.5 5.5 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 6.0 1.6 2.0 0.8 0.7 0.9 Balance as of June 30, 2020 $43.2 $7.3 $14.5 $7.2 $8.4 $5.8
Entergy Mississippi [Member]
Revenue Recognition	NOTE 13. 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 June 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $790,869 $770,373 Commercial 526,121 595,025 Industrial 576,203 641,733 Governmental 46,959 57,623 Total billed retail 1,940,152 2,064,754 Sales for resale (a) 52,761 75,318 Other electric revenues (b) 168,721 195,952 Revenues from contracts with customers 2,161,634 2,336,024 Other revenues (c) 28,923 9,703 Total electric revenues 2,190,557 2,345,727 Natural gas 22,495 30,699 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 175,720 280,398 Other revenues (c) 24,016 9,385 Total competitive businesses revenues 199,736 289,783 Total operating revenues $2,412,788 $2,666,209 Entergy’s total revenues for the six months ended June 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $1,588,897 $1,572,911 Commercial 1,065,061 1,149,082 Industrial 1,133,718 1,242,734 Governmental 99,541 110,584 Total billed retail 3,887,217 4,075,311 Sales for resale (a) 106,487 159,753 Other electric revenues (b) 218,887 211,422 Revenues from contracts with customers 4,212,591 4,446,486 Other revenues (c) 28,605 20,265 Total electric revenues 4,241,196 4,466,751 Natural gas 66,471 85,647 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 391,723 640,869 Other revenues (c) 140,577 82,525 Total competitive businesses revenues 532,300 723,394 Total operating revenues $4,839,967 $5,275,792 The Registrant Subsidiaries’ total revenues for the three months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,171 $301,105 $112,361 $53,420 $152,811 Commercial 106,104 209,119 89,594 36,401 84,904 Industrial 106,254 335,201 35,874 3,066 95,809 Governmental 4,344 16,781 9,798 10,475 5,560 Total billed retail 387,873 862,206 247,627 103,362 339,084 Sales for resale (a) 36,956 82,698 18,426 8,018 13,187 Other electric revenues (b) 63,537 53,104 29,393 3,999 20,039 Revenues from contracts with customers 488,366 998,008 295,446 115,379 372,310 Other revenues (c) 3,401 3,593 2,508 19,520 (116) Total electric revenues 491,767 1,001,601 297,954 134,899 372,194 Natural gas — 10,051 — 12,444 — Total operating revenues $491,767 $1,011,652 $297,954 $147,343 $372,194 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $157,714 $290,366 $116,801 $58,621 $146,871 Commercial 125,555 232,134 102,275 53,981 81,080 Industrial 118,913 384,919 38,739 8,490 90,672 Governmental 4,971 17,925 10,521 18,984 5,222 Total billed retail 407,153 925,344 268,336 140,076 323,845 Sales for resale (a) 74,501 83,208 4,994 8,579 14,772 Other electric revenues (b) 58,209 80,307 26,982 7,263 24,656 Revenues from contracts with customers 539,863 1,088,859 300,312 155,918 363,273 Other revenues (c) 3,066 5,400 2,425 1,234 307 Total electric revenues 542,929 1,094,259 302,737 157,152 363,580 Natural gas — 12,058 — 18,641 — Total operating revenues $542,929 $1,106,317 $302,737 $175,793 $363,580 The Registrant Subsidiaries’ total revenues for the six months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $390,859 $560,965 $239,463 $104,319 $293,291 Commercial 217,349 411,365 186,392 81,905 168,050 Industrial 207,342 657,542 72,264 10,413 186,157 Governmental 8,374 33,535 20,125 26,326 11,180 Total billed retail 823,924 1,663,407 518,244 222,963 658,678 Sales for resale (a) 78,096 161,228 32,848 18,188 21,815 Other electric revenues (b) 65,134 85,113 35,836 4,763 30,742 Revenues from contracts with customers 967,154 1,909,748 586,928 245,914 711,235 Other revenues (c) 6,525 4,394 4,948 12,416 295 Total electric revenues 973,679 1,914,142 591,876 258,330 711,530 Natural gas — 28,157 — 38,315 — Total operating revenues $973,679 $1,942,299 $591,876 $296,645 $711,530 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $367,581 $554,431 $245,610 $110,697 $294,592 Commercial 250,133 438,912 200,189 99,723 160,125 Industrial 240,491 731,598 76,436 15,740 178,470 Governmental 9,869 34,817 20,557 34,886 10,455 Total billed retail 868,074 1,759,758 542,792 261,046 643,642 Sales for resale (a) 154,085 167,164 9,808 18,803 31,548 Other electric revenues (b) 60,514 92,746 27,387 5,556 28,153 Revenues from contracts with customers 1,082,673 2,019,668 579,987 285,405 703,343 Other revenues (c) 6,068 11,284 4,994 2,630 711 Total electric revenues 1,088,741 2,030,952 584,981 288,035 704,054 Natural gas — 34,695 — 50,952 — Total operating revenues $1,088,741 $2,065,647 $584,981 $338,987 $704,054 (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 its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 38.4 6.3 14.1 7.0 5.5 5.5 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 6.0 1.6 2.0 0.8 0.7 0.9 Balance as of June 30, 2020 $43.2 $7.3 $14.5 $7.2 $8.4 $5.8
Entergy New Orleans [Member]
Revenue Recognition	NOTE 13. 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 June 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $790,869 $770,373 Commercial 526,121 595,025 Industrial 576,203 641,733 Governmental 46,959 57,623 Total billed retail 1,940,152 2,064,754 Sales for resale (a) 52,761 75,318 Other electric revenues (b) 168,721 195,952 Revenues from contracts with customers 2,161,634 2,336,024 Other revenues (c) 28,923 9,703 Total electric revenues 2,190,557 2,345,727 Natural gas 22,495 30,699 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 175,720 280,398 Other revenues (c) 24,016 9,385 Total competitive businesses revenues 199,736 289,783 Total operating revenues $2,412,788 $2,666,209 Entergy’s total revenues for the six months ended June 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $1,588,897 $1,572,911 Commercial 1,065,061 1,149,082 Industrial 1,133,718 1,242,734 Governmental 99,541 110,584 Total billed retail 3,887,217 4,075,311 Sales for resale (a) 106,487 159,753 Other electric revenues (b) 218,887 211,422 Revenues from contracts with customers 4,212,591 4,446,486 Other revenues (c) 28,605 20,265 Total electric revenues 4,241,196 4,466,751 Natural gas 66,471 85,647 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 391,723 640,869 Other revenues (c) 140,577 82,525 Total competitive businesses revenues 532,300 723,394 Total operating revenues $4,839,967 $5,275,792 The Registrant Subsidiaries’ total revenues for the three months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,171 $301,105 $112,361 $53,420 $152,811 Commercial 106,104 209,119 89,594 36,401 84,904 Industrial 106,254 335,201 35,874 3,066 95,809 Governmental 4,344 16,781 9,798 10,475 5,560 Total billed retail 387,873 862,206 247,627 103,362 339,084 Sales for resale (a) 36,956 82,698 18,426 8,018 13,187 Other electric revenues (b) 63,537 53,104 29,393 3,999 20,039 Revenues from contracts with customers 488,366 998,008 295,446 115,379 372,310 Other revenues (c) 3,401 3,593 2,508 19,520 (116) Total electric revenues 491,767 1,001,601 297,954 134,899 372,194 Natural gas — 10,051 — 12,444 — Total operating revenues $491,767 $1,011,652 $297,954 $147,343 $372,194 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $157,714 $290,366 $116,801 $58,621 $146,871 Commercial 125,555 232,134 102,275 53,981 81,080 Industrial 118,913 384,919 38,739 8,490 90,672 Governmental 4,971 17,925 10,521 18,984 5,222 Total billed retail 407,153 925,344 268,336 140,076 323,845 Sales for resale (a) 74,501 83,208 4,994 8,579 14,772 Other electric revenues (b) 58,209 80,307 26,982 7,263 24,656 Revenues from contracts with customers 539,863 1,088,859 300,312 155,918 363,273 Other revenues (c) 3,066 5,400 2,425 1,234 307 Total electric revenues 542,929 1,094,259 302,737 157,152 363,580 Natural gas — 12,058 — 18,641 — Total operating revenues $542,929 $1,106,317 $302,737 $175,793 $363,580 The Registrant Subsidiaries’ total revenues for the six months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $390,859 $560,965 $239,463 $104,319 $293,291 Commercial 217,349 411,365 186,392 81,905 168,050 Industrial 207,342 657,542 72,264 10,413 186,157 Governmental 8,374 33,535 20,125 26,326 11,180 Total billed retail 823,924 1,663,407 518,244 222,963 658,678 Sales for resale (a) 78,096 161,228 32,848 18,188 21,815 Other electric revenues (b) 65,134 85,113 35,836 4,763 30,742 Revenues from contracts with customers 967,154 1,909,748 586,928 245,914 711,235 Other revenues (c) 6,525 4,394 4,948 12,416 295 Total electric revenues 973,679 1,914,142 591,876 258,330 711,530 Natural gas — 28,157 — 38,315 — Total operating revenues $973,679 $1,942,299 $591,876 $296,645 $711,530 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $367,581 $554,431 $245,610 $110,697 $294,592 Commercial 250,133 438,912 200,189 99,723 160,125 Industrial 240,491 731,598 76,436 15,740 178,470 Governmental 9,869 34,817 20,557 34,886 10,455 Total billed retail 868,074 1,759,758 542,792 261,046 643,642 Sales for resale (a) 154,085 167,164 9,808 18,803 31,548 Other electric revenues (b) 60,514 92,746 27,387 5,556 28,153 Revenues from contracts with customers 1,082,673 2,019,668 579,987 285,405 703,343 Other revenues (c) 6,068 11,284 4,994 2,630 711 Total electric revenues 1,088,741 2,030,952 584,981 288,035 704,054 Natural gas — 34,695 — 50,952 — Total operating revenues $1,088,741 $2,065,647 $584,981 $338,987 $704,054 (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 its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 38.4 6.3 14.1 7.0 5.5 5.5 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 6.0 1.6 2.0 0.8 0.7 0.9 Balance as of June 30, 2020 $43.2 $7.3 $14.5 $7.2 $8.4 $5.8
Entergy Texas [Member]
Revenue Recognition	NOTE 13. 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 June 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $790,869 $770,373 Commercial 526,121 595,025 Industrial 576,203 641,733 Governmental 46,959 57,623 Total billed retail 1,940,152 2,064,754 Sales for resale (a) 52,761 75,318 Other electric revenues (b) 168,721 195,952 Revenues from contracts with customers 2,161,634 2,336,024 Other revenues (c) 28,923 9,703 Total electric revenues 2,190,557 2,345,727 Natural gas 22,495 30,699 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 175,720 280,398 Other revenues (c) 24,016 9,385 Total competitive businesses revenues 199,736 289,783 Total operating revenues $2,412,788 $2,666,209 Entergy’s total revenues for the six months ended June 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $1,588,897 $1,572,911 Commercial 1,065,061 1,149,082 Industrial 1,133,718 1,242,734 Governmental 99,541 110,584 Total billed retail 3,887,217 4,075,311 Sales for resale (a) 106,487 159,753 Other electric revenues (b) 218,887 211,422 Revenues from contracts with customers 4,212,591 4,446,486 Other revenues (c) 28,605 20,265 Total electric revenues 4,241,196 4,466,751 Natural gas 66,471 85,647 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 391,723 640,869 Other revenues (c) 140,577 82,525 Total competitive businesses revenues 532,300 723,394 Total operating revenues $4,839,967 $5,275,792 The Registrant Subsidiaries’ total revenues for the three months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,171 $301,105 $112,361 $53,420 $152,811 Commercial 106,104 209,119 89,594 36,401 84,904 Industrial 106,254 335,201 35,874 3,066 95,809 Governmental 4,344 16,781 9,798 10,475 5,560 Total billed retail 387,873 862,206 247,627 103,362 339,084 Sales for resale (a) 36,956 82,698 18,426 8,018 13,187 Other electric revenues (b) 63,537 53,104 29,393 3,999 20,039 Revenues from contracts with customers 488,366 998,008 295,446 115,379 372,310 Other revenues (c) 3,401 3,593 2,508 19,520 (116) Total electric revenues 491,767 1,001,601 297,954 134,899 372,194 Natural gas — 10,051 — 12,444 — Total operating revenues $491,767 $1,011,652 $297,954 $147,343 $372,194 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $157,714 $290,366 $116,801 $58,621 $146,871 Commercial 125,555 232,134 102,275 53,981 81,080 Industrial 118,913 384,919 38,739 8,490 90,672 Governmental 4,971 17,925 10,521 18,984 5,222 Total billed retail 407,153 925,344 268,336 140,076 323,845 Sales for resale (a) 74,501 83,208 4,994 8,579 14,772 Other electric revenues (b) 58,209 80,307 26,982 7,263 24,656 Revenues from contracts with customers 539,863 1,088,859 300,312 155,918 363,273 Other revenues (c) 3,066 5,400 2,425 1,234 307 Total electric revenues 542,929 1,094,259 302,737 157,152 363,580 Natural gas — 12,058 — 18,641 — Total operating revenues $542,929 $1,106,317 $302,737 $175,793 $363,580 The Registrant Subsidiaries’ total revenues for the six months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $390,859 $560,965 $239,463 $104,319 $293,291 Commercial 217,349 411,365 186,392 81,905 168,050 Industrial 207,342 657,542 72,264 10,413 186,157 Governmental 8,374 33,535 20,125 26,326 11,180 Total billed retail 823,924 1,663,407 518,244 222,963 658,678 Sales for resale (a) 78,096 161,228 32,848 18,188 21,815 Other electric revenues (b) 65,134 85,113 35,836 4,763 30,742 Revenues from contracts with customers 967,154 1,909,748 586,928 245,914 711,235 Other revenues (c) 6,525 4,394 4,948 12,416 295 Total electric revenues 973,679 1,914,142 591,876 258,330 711,530 Natural gas — 28,157 — 38,315 — Total operating revenues $973,679 $1,942,299 $591,876 $296,645 $711,530 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $367,581 $554,431 $245,610 $110,697 $294,592 Commercial 250,133 438,912 200,189 99,723 160,125 Industrial 240,491 731,598 76,436 15,740 178,470 Governmental 9,869 34,817 20,557 34,886 10,455 Total billed retail 868,074 1,759,758 542,792 261,046 643,642 Sales for resale (a) 154,085 167,164 9,808 18,803 31,548 Other electric revenues (b) 60,514 92,746 27,387 5,556 28,153 Revenues from contracts with customers 1,082,673 2,019,668 579,987 285,405 703,343 Other revenues (c) 6,068 11,284 4,994 2,630 711 Total electric revenues 1,088,741 2,030,952 584,981 288,035 704,054 Natural gas — 34,695 — 50,952 — Total operating revenues $1,088,741 $2,065,647 $584,981 $338,987 $704,054 (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 its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 38.4 6.3 14.1 7.0 5.5 5.5 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 6.0 1.6 2.0 0.8 0.7 0.9 Balance as of June 30, 2020 $43.2 $7.3 $14.5 $7.2 $8.4 $5.8
System Energy [Member]
Revenue Recognition	NOTE 13. 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 June 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $790,869 $770,373 Commercial 526,121 595,025 Industrial 576,203 641,733 Governmental 46,959 57,623 Total billed retail 1,940,152 2,064,754 Sales for resale (a) 52,761 75,318 Other electric revenues (b) 168,721 195,952 Revenues from contracts with customers 2,161,634 2,336,024 Other revenues (c) 28,923 9,703 Total electric revenues 2,190,557 2,345,727 Natural gas 22,495 30,699 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 175,720 280,398 Other revenues (c) 24,016 9,385 Total competitive businesses revenues 199,736 289,783 Total operating revenues $2,412,788 $2,666,209 Entergy’s total revenues for the six months ended June 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $1,588,897 $1,572,911 Commercial 1,065,061 1,149,082 Industrial 1,133,718 1,242,734 Governmental 99,541 110,584 Total billed retail 3,887,217 4,075,311 Sales for resale (a) 106,487 159,753 Other electric revenues (b) 218,887 211,422 Revenues from contracts with customers 4,212,591 4,446,486 Other revenues (c) 28,605 20,265 Total electric revenues 4,241,196 4,466,751 Natural gas 66,471 85,647 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 391,723 640,869 Other revenues (c) 140,577 82,525 Total competitive businesses revenues 532,300 723,394 Total operating revenues $4,839,967 $5,275,792 The Registrant Subsidiaries’ total revenues for the three months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,171 $301,105 $112,361 $53,420 $152,811 Commercial 106,104 209,119 89,594 36,401 84,904 Industrial 106,254 335,201 35,874 3,066 95,809 Governmental 4,344 16,781 9,798 10,475 5,560 Total billed retail 387,873 862,206 247,627 103,362 339,084 Sales for resale (a) 36,956 82,698 18,426 8,018 13,187 Other electric revenues (b) 63,537 53,104 29,393 3,999 20,039 Revenues from contracts with customers 488,366 998,008 295,446 115,379 372,310 Other revenues (c) 3,401 3,593 2,508 19,520 (116) Total electric revenues 491,767 1,001,601 297,954 134,899 372,194 Natural gas — 10,051 — 12,444 — Total operating revenues $491,767 $1,011,652 $297,954 $147,343 $372,194 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $157,714 $290,366 $116,801 $58,621 $146,871 Commercial 125,555 232,134 102,275 53,981 81,080 Industrial 118,913 384,919 38,739 8,490 90,672 Governmental 4,971 17,925 10,521 18,984 5,222 Total billed retail 407,153 925,344 268,336 140,076 323,845 Sales for resale (a) 74,501 83,208 4,994 8,579 14,772 Other electric revenues (b) 58,209 80,307 26,982 7,263 24,656 Revenues from contracts with customers 539,863 1,088,859 300,312 155,918 363,273 Other revenues (c) 3,066 5,400 2,425 1,234 307 Total electric revenues 542,929 1,094,259 302,737 157,152 363,580 Natural gas — 12,058 — 18,641 — Total operating revenues $542,929 $1,106,317 $302,737 $175,793 $363,580 The Registrant Subsidiaries’ total revenues for the six months ended June 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $390,859 $560,965 $239,463 $104,319 $293,291 Commercial 217,349 411,365 186,392 81,905 168,050 Industrial 207,342 657,542 72,264 10,413 186,157 Governmental 8,374 33,535 20,125 26,326 11,180 Total billed retail 823,924 1,663,407 518,244 222,963 658,678 Sales for resale (a) 78,096 161,228 32,848 18,188 21,815 Other electric revenues (b) 65,134 85,113 35,836 4,763 30,742 Revenues from contracts with customers 967,154 1,909,748 586,928 245,914 711,235 Other revenues (c) 6,525 4,394 4,948 12,416 295 Total electric revenues 973,679 1,914,142 591,876 258,330 711,530 Natural gas — 28,157 — 38,315 — Total operating revenues $973,679 $1,942,299 $591,876 $296,645 $711,530 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $367,581 $554,431 $245,610 $110,697 $294,592 Commercial 250,133 438,912 200,189 99,723 160,125 Industrial 240,491 731,598 76,436 15,740 178,470 Governmental 9,869 34,817 20,557 34,886 10,455 Total billed retail 868,074 1,759,758 542,792 261,046 643,642 Sales for resale (a) 154,085 167,164 9,808 18,803 31,548 Other electric revenues (b) 60,514 92,746 27,387 5,556 28,153 Revenues from contracts with customers 1,082,673 2,019,668 579,987 285,405 703,343 Other revenues (c) 6,068 11,284 4,994 2,630 711 Total electric revenues 1,088,741 2,030,952 584,981 288,035 704,054 Natural gas — 34,695 — 50,952 — Total operating revenues $1,088,741 $2,065,647 $584,981 $338,987 $704,054 (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 its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 38.4 6.3 14.1 7.0 5.5 5.5 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 6.0 1.6 2.0 0.8 0.7 0.9 Balance as of June 30, 2020 $43.2 $7.3 $14.5 $7.2 $8.4 $5.8

Rate And Regulatory Matters Rat

Rate And Regulatory Matters Rate and Regulatory Matters (Tables) - FERC April 2020 Order [Member]	6 Months Ended
	Jun. 30, 2020
Entergy Arkansas [Member]
Payments Or Receipts Among Utility Operating Companies Related to System Agreement Proceedings [Table Text Block]	Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4
Entergy Louisiana [Member]
Payments Or Receipts Among Utility Operating Companies Related to System Agreement Proceedings [Table Text Block]	Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4
Entergy Mississippi [Member]
Payments Or Receipts Among Utility Operating Companies Related to System Agreement Proceedings [Table Text Block]	Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4
Entergy New Orleans [Member]
Payments Or Receipts Among Utility Operating Companies Related to System Agreement Proceedings [Table Text Block]	Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4
Entergy Texas [Member]
Payments Or Receipts Among Utility Operating Companies Related to System Agreement Proceedings [Table Text Block]	Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4

Equity (Tables)

Equity (Tables)	6 Months Ended
Equity (Tables)	Jun. 30, 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 June 30, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $360.5 200.2 $1.80 $236.4 193.0 $1.22 Average dilutive effect of: Stock options 0.3 — 0.5 — Other equity plans 0.4 (0.01) 0.7 — Diluted earnings per share $360.5 200.9 $1.79 $236.4 194.2 $1.22 For the Six Months Ended June 30, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $479.2 200.0 $2.40 $491.0 191.3 $2.57 Average dilutive effect of: Stock options 0.5 (0.01) 0.5 (0.01) Other equity plans 0.4 — 0.6 (0.01) Equity forwards — — 0.8 (0.01) Diluted earnings per share $479.2 200.9 $2.39 $491.0 193.2 $2.54
Schedule of Accumulated Other Comprehensive Income (Loss)	Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2020 $62,496 ($503,173) $41,690 ($398,987) Other comprehensive income (loss) before reclassifications 4,890 — 22,545 27,435 Amounts reclassified from accumulated other comprehensive income (loss) (30,296) 17,224 (3,980) (17,052) Net other comprehensive income (loss) for the period (25,406) 17,224 18,565 10,383 Ending balance, June 30, 2020 $37,090 ($485,949) $60,255 ($388,604) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2019 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2019 ($43,246) ($520,372) $12,466 ($551,152) Other comprehensive income (loss) before reclassifications 99,359 — 15,834 115,193 Amounts reclassified from accumulated other comprehensive income (loss) (4,377) 11,496 (1,564) 5,555 Net other comprehensive income (loss) for the period 94,982 11,496 14,270 120,748 Ending balance, June 30, 2019 $51,736 ($508,876) $26,736 ($430,404) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2020 $84,206 ($557,072) $25,946 ($446,920) Other comprehensive income (loss) before reclassifications 97,373 34,349 40,258 171,980 Amounts reclassified from accumulated other comprehensive income (loss) (144,489) 36,774 (5,949) (113,664) Net other comprehensive income (loss) for the period (47,116) 71,123 34,309 58,316 Ending balance, June 30, 2020 $37,090 ($485,949) $60,255 ($388,604) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2019 by component: Cash flow Pension Net Total (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 127,670 — 29,373 157,043 Amounts reclassified from accumulated other comprehensive income (loss) (45,114) 23,046 (1,400) (23,468) Net other comprehensive income (loss) for the period 82,556 23,046 27,973 133,575 Ending balance, June 30, 2019 $51,736 ($508,876) $26,736 ($430,404)
Reclassification out of Accumulated Other Comprehensive Income	Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $25,086 $5,589 Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges 25,038 5,541 Income taxes 5,258 (1,164) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $30,296 $4,377 Pension and other postretirement liabilities Amortization of prior-service credit $5,682 $5,325 (a) Amortization of loss (27,619) (18,980) (a) Settlement loss — (918) (a) Total amortization (21,937) (14,573) Income taxes 4,713 3,077 Income taxes Total amortization (net of tax) ($17,224) ($11,496) Net unrealized investment gain (loss) Realized gain (loss) $6,297 $2,475 Interest and investment income Income taxes (2,317) (911) Income taxes Total realized investment gain (loss) (net of tax) $3,980 $1,564 Total reclassifications for the period (net of tax) $17,052 ($5,555) (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 for the six months ended June 30, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $119,509 $57,204 Competitive business operating revenues Interest rate swaps (97) (97) Miscellaneous - net Total realized gain (loss) on cash flow hedges 119,412 57,107 Income taxes 25,077 (11,993) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $144,489 $45,114 Pension and other postretirement liabilities Amortization of prior-service credit $9,401 $10,652 (a) Amortization of loss (54,937) (37,969) (a) Settlement loss — (2,055) (a) Total amortization (45,536) (29,372) Income taxes 8,762 6,326 Income taxes Total amortization (net of tax) ($36,774) ($23,046) Net unrealized investment gain (loss) Realized gain (loss) $9,413 $2,216 Interest and investment income Income taxes (3,464) (816) Income taxes Total realized investment gain (loss) (net of tax) $5,949 $1,400 Total reclassifications for the period (net of tax) $113,664 $23,468 (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)	Pension and Other 2020 2019 (In Thousands) Beginning balance, April 1, $14,029 ($7,122) Amounts reclassified from accumulated other comprehensive income (loss) (945) (969) Net other comprehensive income (loss) for the period (945) (969) Ending balance, June 30, $13,084 ($8,091) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 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 comprehensive income (loss) (1,528) (1,938) Net other comprehensive income (loss) for the period 8,522 (1,938) Ending balance, June 30, $13,084 ($8,091)
Reclassification out of Accumulated Other Comprehensive Income	Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,698 $1,837 (a) Amortization of loss (419) (526) (a) Total amortization 1,279 1,311 Income taxes (334) (342) Income taxes Total amortization (net of tax) 945 969 Total reclassifications for the period (net of tax) $945 $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. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the six months ended June 30, 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 $2,787 $3,674 (a) Amortization of loss (720) (1,052) (a) Total amortization 2,067 2,622 Income taxes (539) (684) Income taxes Total amortization (net of tax) 1,528 1,938 Total reclassifications for the period (net of tax) $1,528 $1,938 (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)	6 Months Ended
	Jun. 30, 2020
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Following is a summary of the borrowings outstanding and capacity available under the facility as of June 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $160 $6 $3,334
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 June 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $15.5 million Entergy Mississippi $65 million 0.78% $2.5 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.2 million (a) As of June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2020, in addition to the $2.5 million MISO letter of credit, Entergy Mississippi has $7.1 million of non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16
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 June 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.14% $23.7 Entergy Louisiana River Bend VIE September 2021 $105 2.19% $44.1 Entergy Louisiana Waterford VIE September 2021 $105 2.31% $16.2 System Energy VIE September 2021 $120 1.91% $80.1 (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 June 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Arkansas [Member]
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $15.5 million Entergy Mississippi $65 million 0.78% $2.5 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.2 million (a) As of June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2020, in addition to the $2.5 million MISO letter of credit, Entergy Mississippi has $7.1 million of non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16
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 June 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.14% $23.7 Entergy Louisiana River Bend VIE September 2021 $105 2.19% $44.1 Entergy Louisiana Waterford VIE September 2021 $105 2.31% $16.2 System Energy VIE September 2021 $120 1.91% $80.1 (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 June 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Louisiana [Member]
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $15.5 million Entergy Mississippi $65 million 0.78% $2.5 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.2 million (a) As of June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2020, in addition to the $2.5 million MISO letter of credit, Entergy Mississippi has $7.1 million of non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16
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 June 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.14% $23.7 Entergy Louisiana River Bend VIE September 2021 $105 2.19% $44.1 Entergy Louisiana Waterford VIE September 2021 $105 2.31% $16.2 System Energy VIE September 2021 $120 1.91% $80.1 (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 June 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Mississippi [Member]
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $15.5 million Entergy Mississippi $65 million 0.78% $2.5 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.2 million (a) As of June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2020, in addition to the $2.5 million MISO letter of credit, Entergy Mississippi has $7.1 million of non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16
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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy New Orleans [Member]
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $15.5 million Entergy Mississippi $65 million 0.78% $2.5 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.2 million (a) As of June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2020, in addition to the $2.5 million MISO letter of credit, Entergy Mississippi has $7.1 million of non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16
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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Texas [Member]
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $15.5 million Entergy Mississippi $65 million 0.78% $2.5 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $10.2 million (a) As of June 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $3.1 million for Entergy Arkansas, $2.3 million for Entergy Louisiana, $1.5 million for Entergy Mississippi, $0.5 million for Entergy New Orleans, and $0.4 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2020, in addition to the $2.5 million MISO letter of credit, Entergy Mississippi has $7.1 million of non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16
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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (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 June 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $26 Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $16
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 June 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2021 $80 2.14% $23.7 Entergy Louisiana River Bend VIE September 2021 $105 2.19% $44.1 Entergy Louisiana Waterford VIE September 2021 $105 2.31% $16.2 System Energy VIE September 2021 $120 1.91% $80.1 (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 June 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 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 June 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $19,483,373 $21,651,678 Entergy Arkansas $3,628,588 $3,972,000 Entergy Louisiana $7,879,741 $8,988,369 Entergy Mississippi $1,780,040 $1,964,145 Entergy New Orleans $674,617 $658,162 Entergy Texas $2,070,503 $2,328,356 System Energy $596,861 $621,692 (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 Fair Value (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]	6 Months Ended
	Jun. 30, 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 June 30, 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 $0.2 $0.3 Compensation cost capitalized as part of fixed assets and materials and supplies $0.4 $0.3 The following table includes financial information for outstanding stock options for the six months ended June 30, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $2.0 $2.0 Tax benefit recognized in Entergy’s net income $0.5 $0.5 Compensation cost capitalized as part of fixed assets and materials and supplies $0.8 $0.6
Financial Information For Restricted Stock	The following table includes financial information for other outstanding equity awards for the three months ended June 30, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $9.6 $8.4 Tax benefit recognized in Entergy’s net income $2.5 $2.2 Compensation cost capitalized as part of fixed assets and materials and supplies $3.8 $2.9 The following table includes financial information for other outstanding equity awards for the six months ended June 30, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $19.0 $17.2 Tax benefit recognized in Entergy’s net income $4.9 $4.4 Compensation cost capitalized as part of fixed assets and materials and supplies $7.2 $5.8

Retirement And Other Postreti_2

Retirement And Other Postretirement Benefits (Tables)	6 Months Ended
Retirement And Other Postretirement Benefits (Tables)	Jun. 30, 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 second quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,461) (327) (831) (27,619) ($26,461) $5,412 ($888) ($21,937) Entergy Louisiana Amortization of prior service credit $— $1,698 $— $1,698 Amortization of net gain (loss) (499) 81 (1) (419) ($499) $1,779 ($1) $1,279 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (18,736) 308 (552) (18,980) Settlement loss (162) — (756) (918) ($18,898) $5,683 ($1,358) ($14,573) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $9,516 ($115) $9,401 Amortization of net loss (52,923) (352) (1,662) (54,937) ($52,923) $9,164 ($1,777) ($45,536) Entergy Louisiana Amortization of prior service credit $— $2,787 $— $2,787 Amortization of net gain (loss) (998) 280 (2) (720) ($998) $3,067 ($2) $2,067 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,750 ($98) $10,652 Amortization of net gain (loss) (37,470) 615 (1,114) (37,969) Settlement loss (1,299) — (756) (2,055) ($38,769) $11,365 ($1,968) ($29,372) Entergy Louisiana Amortization of prior service credit $— $3,674 $— $3,674 Amortization of net gain (loss) (1,397) 348 (3) (1,052) ($1,397) $4,022 ($3) $2,622
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 second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,379 $33,606 Interest cost on projected benefit obligation 60,799 73,912 Expected return on assets (103,565) (103,859) Amortization of net loss 87,259 58,420 Settlement charges — 162 Net pension costs $84,872 $62,241 Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $80,758 $67,213 Interest cost on projected benefit obligation 121,598 147,853 Expected return on assets (207,130) (207,743) Amortization of net loss 174,518 116,838 Settlement charges — 1,299 Net pension costs $169,744 $125,460
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 second quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $12,032 $9,350 Interest cost on accumulated postretirement benefit obligation (APBO) 14,820 23,950 Expected return on assets (20,510) (19,124) Amortization of prior service credit (14,907) (17,688) Amortization of net loss 1,473 716 Net other postretirement benefit cost income ($7,092) ($2,796)
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 second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (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 Entergy Entergy Entergy Entergy System (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 3,612 3,363 Expected return on assets (20,176) (22,652) (5,968) (2,697) (5,862) (4,677) Amortization of net loss 11,841 11,643 3,105 1,530 2,334 2,850 Net pension cost $11,101 $12,157 $2,834 $1,276 $1,434 $3,086 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,132 $17,588 $4,046 $1,326 $3,092 $3,930 Interest cost on projected benefit obligation 22,866 25,682 6,680 2,912 5,564 5,628 Expected return on assets (39,244) (44,804) (11,514) (5,254) (10,972) (9,326) Amortization of net loss 33,794 33,254 9,496 4,010 6,530 8,558 Net pension cost $30,548 $31,720 $8,708 $2,994 $4,214 $8,790 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $10,522 $14,568 $3,258 $1,138 $2,700 $3,100 Interest cost on projected benefit obligation 28,350 31,764 8,136 3,748 7,224 6,727 Expected return on assets (40,352) (45,304) (11,936) (5,393) (11,724) (9,354) Amortization of net loss 23,682 23,286 6,209 3,059 4,668 5,700 Net pension cost $22,202 $24,314 $5,667 $2,552 $2,868 $6,173
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 Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $78,643 $74,991 $20,115 $5,839 $5,634 $21,730 Pension contributions made through June 2020 $17,584 $18,706 $4,296 $1,458 $1,485 $5,714 Remaining estimated pension contributions to be made in 2020 $61,059 $56,285 $15,819 $4,381 $4,149 $16,016
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 second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,182 $2,320 $524 $184 $472 $486 Interest cost on APBO 3,614 5,332 1,340 790 1,708 952 Expected return on assets (7,982) — (2,398) (2,474) (4,552) (1,394) Amortization of prior service credit (2,476) (3,674) (878) (342) (1,122) (726) Amortization of net (gain) loss 288 (348) 362 116 242 178 Net other postretirement benefit cost (income) ($5,374) $3,630 ($1,050) ($1,726) ($3,252) ($504)
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 second quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $71 $41 $113 $6 $122 Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $166 $74 $180 $16 $234 2019 $144 $84 $188 $11 $246 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.
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 second quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,461) (327) (831) (27,619) ($26,461) $5,412 ($888) ($21,937) Entergy Louisiana Amortization of prior service credit $— $1,698 $— $1,698 Amortization of net gain (loss) (499) 81 (1) (419) ($499) $1,779 ($1) $1,279 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (18,736) 308 (552) (18,980) Settlement loss (162) — (756) (918) ($18,898) $5,683 ($1,358) ($14,573) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $9,516 ($115) $9,401 Amortization of net loss (52,923) (352) (1,662) (54,937) ($52,923) $9,164 ($1,777) ($45,536) Entergy Louisiana Amortization of prior service credit $— $2,787 $— $2,787 Amortization of net gain (loss) (998) 280 (2) (720) ($998) $3,067 ($2) $2,067 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,750 ($98) $10,652 Amortization of net gain (loss) (37,470) 615 (1,114) (37,969) Settlement loss (1,299) — (756) (2,055) ($38,769) $11,365 ($1,968) ($29,372) Entergy Louisiana Amortization of prior service credit $— $3,674 $— $3,674 Amortization of net gain (loss) (1,397) 348 (3) (1,052) ($1,397) $4,022 ($3) $2,622
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 second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (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 Entergy Entergy Entergy Entergy System (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 3,612 3,363 Expected return on assets (20,176) (22,652) (5,968) (2,697) (5,862) (4,677) Amortization of net loss 11,841 11,643 3,105 1,530 2,334 2,850 Net pension cost $11,101 $12,157 $2,834 $1,276 $1,434 $3,086 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,132 $17,588 $4,046 $1,326 $3,092 $3,930 Interest cost on projected benefit obligation 22,866 25,682 6,680 2,912 5,564 5,628 Expected return on assets (39,244) (44,804) (11,514) (5,254) (10,972) (9,326) Amortization of net loss 33,794 33,254 9,496 4,010 6,530 8,558 Net pension cost $30,548 $31,720 $8,708 $2,994 $4,214 $8,790 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $10,522 $14,568 $3,258 $1,138 $2,700 $3,100 Interest cost on projected benefit obligation 28,350 31,764 8,136 3,748 7,224 6,727 Expected return on assets (40,352) (45,304) (11,936) (5,393) (11,724) (9,354) Amortization of net loss 23,682 23,286 6,209 3,059 4,668 5,700 Net pension cost $22,202 $24,314 $5,667 $2,552 $2,868 $6,173
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 Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $78,643 $74,991 $20,115 $5,839 $5,634 $21,730 Pension contributions made through June 2020 $17,584 $18,706 $4,296 $1,458 $1,485 $5,714 Remaining estimated pension contributions to be made in 2020 $61,059 $56,285 $15,819 $4,381 $4,149 $16,016
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 second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,182 $2,320 $524 $184 $472 $486 Interest cost on APBO 3,614 5,332 1,340 790 1,708 952 Expected return on assets (7,982) — (2,398) (2,474) (4,552) (1,394) Amortization of prior service credit (2,476) (3,674) (878) (342) (1,122) (726) Amortization of net (gain) loss 288 (348) 362 116 242 178 Net other postretirement benefit cost (income) ($5,374) $3,630 ($1,050) ($1,726) ($3,252) ($504)
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 second quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $71 $41 $113 $6 $122 Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $166 $74 $180 $16 $234 2019 $144 $84 $188 $11 $246 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.
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 second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (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 Entergy Entergy Entergy Entergy System (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 3,612 3,363 Expected return on assets (20,176) (22,652) (5,968) (2,697) (5,862) (4,677) Amortization of net loss 11,841 11,643 3,105 1,530 2,334 2,850 Net pension cost $11,101 $12,157 $2,834 $1,276 $1,434 $3,086 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,132 $17,588 $4,046 $1,326 $3,092 $3,930 Interest cost on projected benefit obligation 22,866 25,682 6,680 2,912 5,564 5,628 Expected return on assets (39,244) (44,804) (11,514) (5,254) (10,972) (9,326) Amortization of net loss 33,794 33,254 9,496 4,010 6,530 8,558 Net pension cost $30,548 $31,720 $8,708 $2,994 $4,214 $8,790 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $10,522 $14,568 $3,258 $1,138 $2,700 $3,100 Interest cost on projected benefit obligation 28,350 31,764 8,136 3,748 7,224 6,727 Expected return on assets (40,352) (45,304) (11,936) (5,393) (11,724) (9,354) Amortization of net loss 23,682 23,286 6,209 3,059 4,668 5,700 Net pension cost $22,202 $24,314 $5,667 $2,552 $2,868 $6,173
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 Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $78,643 $74,991 $20,115 $5,839 $5,634 $21,730 Pension contributions made through June 2020 $17,584 $18,706 $4,296 $1,458 $1,485 $5,714 Remaining estimated pension contributions to be made in 2020 $61,059 $56,285 $15,819 $4,381 $4,149 $16,016
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 second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,182 $2,320 $524 $184 $472 $486 Interest cost on APBO 3,614 5,332 1,340 790 1,708 952 Expected return on assets (7,982) — (2,398) (2,474) (4,552) (1,394) Amortization of prior service credit (2,476) (3,674) (878) (342) (1,122) (726) Amortization of net (gain) loss 288 (348) 362 116 242 178 Net other postretirement benefit cost (income) ($5,374) $3,630 ($1,050) ($1,726) ($3,252) ($504)
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 second quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $71 $41 $113 $6 $122 Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $166 $74 $180 $16 $234 2019 $144 $84 $188 $11 $246 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.
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 second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (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 Entergy Entergy Entergy Entergy System (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 3,612 3,363 Expected return on assets (20,176) (22,652) (5,968) (2,697) (5,862) (4,677) Amortization of net loss 11,841 11,643 3,105 1,530 2,334 2,850 Net pension cost $11,101 $12,157 $2,834 $1,276 $1,434 $3,086 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,132 $17,588 $4,046 $1,326 $3,092 $3,930 Interest cost on projected benefit obligation 22,866 25,682 6,680 2,912 5,564 5,628 Expected return on assets (39,244) (44,804) (11,514) (5,254) (10,972) (9,326) Amortization of net loss 33,794 33,254 9,496 4,010 6,530 8,558 Net pension cost $30,548 $31,720 $8,708 $2,994 $4,214 $8,790 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $10,522 $14,568 $3,258 $1,138 $2,700 $3,100 Interest cost on projected benefit obligation 28,350 31,764 8,136 3,748 7,224 6,727 Expected return on assets (40,352) (45,304) (11,936) (5,393) (11,724) (9,354) Amortization of net loss 23,682 23,286 6,209 3,059 4,668 5,700 Net pension cost $22,202 $24,314 $5,667 $2,552 $2,868 $6,173
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 Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $78,643 $74,991 $20,115 $5,839 $5,634 $21,730 Pension contributions made through June 2020 $17,584 $18,706 $4,296 $1,458 $1,485 $5,714 Remaining estimated pension contributions to be made in 2020 $61,059 $56,285 $15,819 $4,381 $4,149 $16,016
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 second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,182 $2,320 $524 $184 $472 $486 Interest cost on APBO 3,614 5,332 1,340 790 1,708 952 Expected return on assets (7,982) — (2,398) (2,474) (4,552) (1,394) Amortization of prior service credit (2,476) (3,674) (878) (342) (1,122) (726) Amortization of net (gain) loss 288 (348) 362 116 242 178 Net other postretirement benefit cost (income) ($5,374) $3,630 ($1,050) ($1,726) ($3,252) ($504)
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 second quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $71 $41 $113 $6 $122 Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $166 $74 $180 $16 $234 2019 $144 $84 $188 $11 $246 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.
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 second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (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 Entergy Entergy Entergy Entergy System (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 3,612 3,363 Expected return on assets (20,176) (22,652) (5,968) (2,697) (5,862) (4,677) Amortization of net loss 11,841 11,643 3,105 1,530 2,334 2,850 Net pension cost $11,101 $12,157 $2,834 $1,276 $1,434 $3,086 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,132 $17,588 $4,046 $1,326 $3,092 $3,930 Interest cost on projected benefit obligation 22,866 25,682 6,680 2,912 5,564 5,628 Expected return on assets (39,244) (44,804) (11,514) (5,254) (10,972) (9,326) Amortization of net loss 33,794 33,254 9,496 4,010 6,530 8,558 Net pension cost $30,548 $31,720 $8,708 $2,994 $4,214 $8,790 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $10,522 $14,568 $3,258 $1,138 $2,700 $3,100 Interest cost on projected benefit obligation 28,350 31,764 8,136 3,748 7,224 6,727 Expected return on assets (40,352) (45,304) (11,936) (5,393) (11,724) (9,354) Amortization of net loss 23,682 23,286 6,209 3,059 4,668 5,700 Net pension cost $22,202 $24,314 $5,667 $2,552 $2,868 $6,173
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 Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $78,643 $74,991 $20,115 $5,839 $5,634 $21,730 Pension contributions made through June 2020 $17,584 $18,706 $4,296 $1,458 $1,485 $5,714 Remaining estimated pension contributions to be made in 2020 $61,059 $56,285 $15,819 $4,381 $4,149 $16,016
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 second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,182 $2,320 $524 $184 $472 $486 Interest cost on APBO 3,614 5,332 1,340 790 1,708 952 Expected return on assets (7,982) — (2,398) (2,474) (4,552) (1,394) Amortization of prior service credit (2,476) (3,674) (878) (342) (1,122) (726) Amortization of net (gain) loss 288 (348) 362 116 242 178 Net other postretirement benefit cost (income) ($5,374) $3,630 ($1,050) ($1,726) ($3,252) ($504)
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 second quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $8 $117 2019 $71 $41 $113 $6 $122 Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $166 $74 $180 $16 $234 2019 $144 $84 $188 $11 $246 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.
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 second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (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 Entergy Entergy Entergy Entergy System (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 3,612 3,363 Expected return on assets (20,176) (22,652) (5,968) (2,697) (5,862) (4,677) Amortization of net loss 11,841 11,643 3,105 1,530 2,334 2,850 Net pension cost $11,101 $12,157 $2,834 $1,276 $1,434 $3,086 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,132 $17,588 $4,046 $1,326 $3,092 $3,930 Interest cost on projected benefit obligation 22,866 25,682 6,680 2,912 5,564 5,628 Expected return on assets (39,244) (44,804) (11,514) (5,254) (10,972) (9,326) Amortization of net loss 33,794 33,254 9,496 4,010 6,530 8,558 Net pension cost $30,548 $31,720 $8,708 $2,994 $4,214 $8,790 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $10,522 $14,568 $3,258 $1,138 $2,700 $3,100 Interest cost on projected benefit obligation 28,350 31,764 8,136 3,748 7,224 6,727 Expected return on assets (40,352) (45,304) (11,936) (5,393) (11,724) (9,354) Amortization of net loss 23,682 23,286 6,209 3,059 4,668 5,700 Net pension cost $22,202 $24,314 $5,667 $2,552 $2,868 $6,173
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 Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $78,643 $74,991 $20,115 $5,839 $5,634 $21,730 Pension contributions made through June 2020 $17,584 $18,706 $4,296 $1,458 $1,485 $5,714 Remaining estimated pension contributions to be made in 2020 $61,059 $56,285 $15,819 $4,381 $4,149 $16,016
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 second quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,182 $2,320 $524 $184 $472 $486 Interest cost on APBO 3,614 5,332 1,340 790 1,708 952 Expected return on assets (7,982) — (2,398) (2,474) (4,552) (1,394) Amortization of prior service credit (2,476) (3,674) (878) (342) (1,122) (726) Amortization of net (gain) loss 288 (348) 362 116 242 178 Net other postretirement benefit cost (income) ($5,374) $3,630 ($1,050) ($1,726) ($3,252) ($504)

Business Segment Information (T

Business Segment Information (Tables) - Entergy Corporation [Member]	6 Months Ended
	Jun. 30, 2020
Segment Financial Information	Entergy’s segment financial information for the second quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,213,061 $199,709 $18 $— $2,412,788 Income taxes $73,710 $24,467 ($9,062) $— $89,115 Consolidated net income (loss) $348,902 $85,178 ($37,069) ($31,898) $365,113 2019 Operating revenues $2,376,437 $289,783 $2 ($13) $2,666,209 Income taxes $21,150 ($9,290) ($10,402) $— $1,458 Consolidated net income (loss) $334,752 ($25,382) ($36,939) ($31,898) $240,533 Entergy’s segment financial information for the six months ended June 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $4,307,690 $532,258 $29 ($10) $4,839,967 Income taxes $20,761 ($6,073) $3,233 $— $17,921 Consolidated net income (loss) $672,751 ($25,251) ($95,298) ($63,796) $488,406 Total assets as of June 30, 2020 $51,205,266 $3,658,974 $493,119 ($1,992,057) $53,365,302 2019 Operating revenues $4,552,419 $723,394 $2 ($23) $5,275,792 Income taxes $9,586 $56,618 ($21,975) $— $44,229 Consolidated net income (loss) $568,900 $71,697 ($77,620) ($63,797) $499,180 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment.
Restructuring and Related Costs [Table Text Block]	2020 2019 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of April 1, $150 $14 $164 $213 $14 $227 Restructuring costs accrued 17 — 17 22 — 22 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195 In addition, Entergy Wholesale Commodities incurred $7 million in the second quarter 2020 and $16 million in the second quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2020 and 2019 were comprised of the following: 2020 2019 Employee retention and severance 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 38 — 38 56 — 56 Cash paid out 14 — 14 54 — 54 Balance as of June 30, $153 $14 $167 $181 $14 $195

Risk Management And Fair Valu_2

Risk Management And Fair Values (Tables)	6 Months Ended
Risk Management And Fair Values (Tables)	Jun. 30, 2020
Fair Values Of Derivative Instruments	The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 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) $49 ($4) $45 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) $4 $— $4 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $23 ($1) $22 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $3 ($3) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 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
Derivative Instruments Designated As Cash Flow Hedges On Consolidated Statements Of Income	Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($7) Competitive businesses operating revenues $25 2019 Electricity swaps and options $126 Competitive businesses operating revenues $6 (a) Before taxes of $5 million and $1 million for the three months ended June 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the six months ended June 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $60 Competitive businesses operating revenues $120 2019 Electricity swaps and options $152 Competitive businesses operating revenues $57 (a) Before taxes of $25 million and $12 million for the six months ended June 30, 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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $15 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($6) Financial transmission rights Purchased power expense (b) $32 Electricity swaps and options (c) Competitive business operating revenues ($2) The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 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) ($9) Financial transmission rights Purchased power expense (b) $28 Electricity swaps and options (c) Competitive business operating revenues ($2) 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($7) Financial transmission rights Purchased power expense (b) $53 Electricity swaps and options (c) Competitive business operating revenues $3 (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.
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 June 30, 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 $880 $— $— $880 Decommissioning trust funds (a): Equity securities 879 — — 879 Debt securities (b) 1,080 2,043 — 3,123 Common trusts (c) 2,485 Power contracts — — 49 49 Securitization recovery trust account 35 — — 35 Escrow accounts 420 — — 420 Gas hedge contracts 1 1 — 2 Financial transmission rights — — 22 22 $3,295 $2,044 $71 $7,895 Liabilities: Gas hedge contracts $6 $2 $— $8 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 $0.4 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 June 30, 2020 and 2019: 2020 2019 Power Contracts Financial transmission rights Power Contracts Financial transmission rights (In Millions) Balance as of April 1, $85 $4 ($46) $5 Total gains (losses) for the period (a) Included in earnings 16 — (2) — Included in other comprehensive income (7) — 126 — Included as a regulatory liability/asset — 10 — 21 Issuances of financial transmission rights — 23 — 35 Settlements (45) (15) (6) (32) Balance as of June 30, $49 $22 $72 $29 (a) Change in unrealized gains or losses for the period included in earnings for derivatives held at the end of the reporting period was $3 million for the three months ended June 30, 2020 and $1.4 million for the three months ended June 30, 2019. 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 six months ended June 30, 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 (2) — 3 — Included in other comprehensive income 60 — 152 — Included as a regulatory liability/asset — 17 — 32 Issuances of financial transmission rights — 23 — 35 Settlements (127) (28) (52) (53) Balance as of June 30, $49 $22 $72 $29
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 June 30, 2020: Transaction Type Fair Value Significant Range Effect on (In Millions) (In Millions) Power contracts - electricity swaps $49 Unit contingent discount +/- 4.75% $5
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 June 30, 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $6.3 ($0.2) $6.1 Entergy Arkansas Financial transmission rights Prepayments and other $12.7 ($0.2) $12.5 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $2.6 $— $2.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $1.7 $— $1.7 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $4.3 $— $4.3 Entergy Mississippi Financial transmission rights Other current liabilities $0.3 ($0.5) $0.2 Entergy New Orleans 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
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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $4.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.4) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.3 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($2.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($3.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $3.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $17.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.7 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 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 ($7.7) (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 $9.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.5) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.6 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.9) (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 $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $12.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $3.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $8.1 (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.
Assets and liabilities at fair value on a recurring basis	Entergy Arkansas 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Decommissioning trust funds (a): Equity securities $5.3 $— $— $5.3 Debt securities 107.9 333.6 — 441.5 Common trusts (b) 663.0 Securitization recovery trust account 2.8 — — 2.8 Financial transmission rights — — 6.1 6.1 $116.0 $333.6 $6.1 $1,118.7 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 June 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.1 $1.9 $0.3 $— $0.3 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 3.3 2.8 (1.0) 0.1 5.2 Settlements (4.8) (5.4) 0.4 (0.2) (5.3) Balance as of June 30, $6.1 $12.5 $1.1 ($0.2) $2.6 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 June 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.1 $2.8 $0.7 $0.5 ($0.3) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 1.1 11.8 0.4 (0.5) 8.6 Settlements (3.6) (17.7) (2.2) (0.7) (7.8) Balance as of June 30, $8.2 $15.6 $2.8 $2.0 $0.6 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 six months ended June 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 5.7 5.5 (1.6) 0.2 6.9 Settlements (9.4) (10.7) 0.5 (0.6) (7.6) Balance as of June 30, $6.1 $12.5 $1.1 ($0.2) $2.6 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 six months ended June 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 7.2 15.1 — 0.6 9.1 Settlements (12.0) (26.5) (3.3) (2.6) (8.1) Balance as of June 30, $8.2 $15.6 $2.8 $2.0 $0.6
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 June 30, 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $6.3 ($0.2) $6.1 Entergy Arkansas Financial transmission rights Prepayments and other $12.7 ($0.2) $12.5 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $2.6 $— $2.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $1.7 $— $1.7 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $4.3 $— $4.3 Entergy Mississippi Financial transmission rights Other current liabilities $0.3 ($0.5) $0.2 Entergy New Orleans 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
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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $4.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.4) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.3 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($2.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($3.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $3.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $17.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.7 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 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 ($7.7) (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 $9.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.5) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.6 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.9) (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 $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $12.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $3.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $8.1 (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.
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 $463.4 $— $— $463.4 Decommissioning trust funds (a): Equity securities 9.2 — — 9.2 Debt securities 164.4 458.5 — 622.9 Common trusts (b) 932.9 Escrow accounts 256.7 — — 256.7 Securitization recovery trust account 2.9 — — 2.9 Gas hedge contracts 0.8 0.6 — 1.4 Financial transmission rights — — 12.5 12.5 $897.4 $459.1 $12.5 $2,301.9 Liabilities: Gas hedge contracts $1.7 $2.2 $— $3.9 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 June 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.1 $1.9 $0.3 $— $0.3 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 3.3 2.8 (1.0) 0.1 5.2 Settlements (4.8) (5.4) 0.4 (0.2) (5.3) Balance as of June 30, $6.1 $12.5 $1.1 ($0.2) $2.6 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 June 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.1 $2.8 $0.7 $0.5 ($0.3) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 1.1 11.8 0.4 (0.5) 8.6 Settlements (3.6) (17.7) (2.2) (0.7) (7.8) Balance as of June 30, $8.2 $15.6 $2.8 $2.0 $0.6 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 six months ended June 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 5.7 5.5 (1.6) 0.2 6.9 Settlements (9.4) (10.7) 0.5 (0.6) (7.6) Balance as of June 30, $6.1 $12.5 $1.1 ($0.2) $2.6 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 six months ended June 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 7.2 15.1 — 0.6 9.1 Settlements (12.0) (26.5) (3.3) (2.6) (8.1) Balance as of June 30, $8.2 $15.6 $2.8 $2.0 $0.6
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 June 30, 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $6.3 ($0.2) $6.1 Entergy Arkansas Financial transmission rights Prepayments and other $12.7 ($0.2) $12.5 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $2.6 $— $2.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $1.7 $— $1.7 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $4.3 $— $4.3 Entergy Mississippi Financial transmission rights Other current liabilities $0.3 ($0.5) $0.2 Entergy New Orleans 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
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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $4.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.4) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.3 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($2.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($3.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $3.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $17.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.7 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 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 ($7.7) (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 $9.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.5) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.6 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.9) (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 $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $12.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $3.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $8.1 (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.
Assets and liabilities at fair value on a recurring basis	Entergy Mississippi 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $70.2 $— $— $70.2 Escrow accounts 80.4 — — 80.4 Financial transmission rights — — 1.1 1.1 $150.6 $— $1.1 $151.7 Liabilities: Gas hedge contracts $4.3 $— $— $4.3 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 June 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.1 $1.9 $0.3 $— $0.3 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 3.3 2.8 (1.0) 0.1 5.2 Settlements (4.8) (5.4) 0.4 (0.2) (5.3) Balance as of June 30, $6.1 $12.5 $1.1 ($0.2) $2.6 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 June 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.1 $2.8 $0.7 $0.5 ($0.3) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 1.1 11.8 0.4 (0.5) 8.6 Settlements (3.6) (17.7) (2.2) (0.7) (7.8) Balance as of June 30, $8.2 $15.6 $2.8 $2.0 $0.6 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 six months ended June 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 5.7 5.5 (1.6) 0.2 6.9 Settlements (9.4) (10.7) 0.5 (0.6) (7.6) Balance as of June 30, $6.1 $12.5 $1.1 ($0.2) $2.6 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 six months ended June 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 7.2 15.1 — 0.6 9.1 Settlements (12.0) (26.5) (3.3) (2.6) (8.1) Balance as of June 30, $8.2 $15.6 $2.8 $2.0 $0.6
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 June 30, 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $6.3 ($0.2) $6.1 Entergy Arkansas Financial transmission rights Prepayments and other $12.7 ($0.2) $12.5 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $2.6 $— $2.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $1.7 $— $1.7 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $4.3 $— $4.3 Entergy Mississippi Financial transmission rights Other current liabilities $0.3 ($0.5) $0.2 Entergy New Orleans 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
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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $4.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.4) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.3 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($2.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($3.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $3.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $17.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.7 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 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 ($7.7) (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 $9.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.5) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.6 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.9) (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 $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $12.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $3.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $8.1 (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.
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 $30.5 $— $— $30.5 Securitization recovery trust account 1.5 — — 1.5 Escrow accounts 83.0 — — 83.0 $115.0 $— $— $115.0 Liabilities: Financial transmission rights $— $— $0.2 $0.2 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 June 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.1 $1.9 $0.3 $— $0.3 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 3.3 2.8 (1.0) 0.1 5.2 Settlements (4.8) (5.4) 0.4 (0.2) (5.3) Balance as of June 30, $6.1 $12.5 $1.1 ($0.2) $2.6 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 June 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.1 $2.8 $0.7 $0.5 ($0.3) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 1.1 11.8 0.4 (0.5) 8.6 Settlements (3.6) (17.7) (2.2) (0.7) (7.8) Balance as of June 30, $8.2 $15.6 $2.8 $2.0 $0.6 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 six months ended June 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 5.7 5.5 (1.6) 0.2 6.9 Settlements (9.4) (10.7) 0.5 (0.6) (7.6) Balance as of June 30, $6.1 $12.5 $1.1 ($0.2) $2.6 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 six months ended June 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 7.2 15.1 — 0.6 9.1 Settlements (12.0) (26.5) (3.3) (2.6) (8.1) Balance as of June 30, $8.2 $15.6 $2.8 $2.0 $0.6
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 June 30, 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $6.3 ($0.2) $6.1 Entergy Arkansas Financial transmission rights Prepayments and other $12.7 ($0.2) $12.5 Entergy Louisiana Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $2.6 $— $2.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $1.7 $— $1.7 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $4.3 $— $4.3 Entergy Mississippi Financial transmission rights Other current liabilities $0.3 ($0.5) $0.2 Entergy New Orleans 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
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 June 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $4.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.4) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.3 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($2.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($3.5) (a) Entergy Mississippi Financial transmission rights Purchased power expense $3.6 (b) Entergy Arkansas Financial transmission rights Purchased power expense $17.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.7 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 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 ($7.7) (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 $9.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense ($0.5) (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.6 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.9) (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 $0.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $12.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $3.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $8.1 (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.
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 $41.1 $— $— $41.1 Securitization recovery trust account 27.6 — — 27.6 Financial transmission rights — — 2.6 2.6 $68.7 $— $2.6 $71.3 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 June 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.1 $1.9 $0.3 $— $0.3 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 3.3 2.8 (1.0) 0.1 5.2 Settlements (4.8) (5.4) 0.4 (0.2) (5.3) Balance as of June 30, $6.1 $12.5 $1.1 ($0.2) $2.6 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 June 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.1 $2.8 $0.7 $0.5 ($0.3) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 1.1 11.8 0.4 (0.5) 8.6 Settlements (3.6) (17.7) (2.2) (0.7) (7.8) Balance as of June 30, $8.2 $15.6 $2.8 $2.0 $0.6 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 six months ended June 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 5.7 5.5 (1.6) 0.2 6.9 Settlements (9.4) (10.7) 0.5 (0.6) (7.6) Balance as of June 30, $6.1 $12.5 $1.1 ($0.2) $2.6 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 six months ended June 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 7.2 15.1 — 0.6 9.1 Settlements (12.0) (26.5) (3.3) (2.6) (8.1) Balance as of June 30, $8.2 $15.6 $2.8 $2.0 $0.6
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: Decommissioning trust funds (a): Equity securities $9.8 $— $— $9.8 Debt Securities 166.9 251.9 — 418.8 Common trusts (b) 630.9 $176.7 $251.9 $— $1,059.5 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)	6 Months Ended
Decommissioning Trust Funds (Tables)	Jun. 30, 2020
Securities Held	The available-for-sale securities held as of June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities (a) $2,585 $206 $2 2019 Debt Securities (a) $2,456 $96 $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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $116 $2 $404 $5 More than 12 months 5 — 38 1 Total $121 $2 $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 June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $36 $128 1 year - 5 years 775 807 5 years - 10 years 743 666 10 years - 15 years 309 125 15 years - 20 years 130 126 20 years+ 592 604 Total $2,585 $2,456
Entergy Arkansas [Member]
Securities Held	The available-for-sale securities held as of June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $441.5 $30.0 $0.1 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $14.6 $0.1 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $14.6 $0.1 $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 June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $21.9 $44.1 1 year - 5 years 104.2 109.1 5 years - 10 years 178.2 156.0 10 years - 15 years 67.9 31.3 15 years - 20 years 29.5 23.8 20 years+ 39.8 48.5 Total $441.5 $412.8
Entergy Louisiana [Member]
Securities Held	The available-for-sale securities held as of June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $622.9 $50.1 $0.5 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $29.3 $0.5 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $30.1 $0.5 $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 June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $8.4 $40.7 1 year - 5 years 142.4 142.0 5 years - 10 years 144.0 132.4 10 years - 15 years 80.4 39.8 15 years - 20 years 55.4 49.2 20 years+ 192.3 197.4 Total $622.9 $601.5
System Energy [Member]
Securities Held	The available-for-sale securities held as of June 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $418.8 $32.4 $0.3 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 June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $15.4 $0.3 $56.9 $0.3 More than 12 months — — 0.3 — Total $15.4 $0.3 $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 June 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year ($1.8) $8.5 1 year - 5 years 166.7 154.6 5 years - 10 years 103.4 92.3 10 years - 15 years 27.4 13.4 15 years - 20 years 6.5 14.4 20 years+ 116.6 103.0 Total $418.8 $386.2

Income Taxes Income Taxes (Tabl

Income Taxes Income Taxes (Tables)	6 Months Ended
Income Taxes Income Taxes (Tables)	Jun. 30, 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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7
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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7
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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7
Entergy Mississippi [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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7
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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7
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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7
System Energy [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 Six Months 2020 2019 2020 2019 (In Millions) Entergy $15 $61 $45 $122 Entergy Arkansas ($1) $25 $12 $57 Entergy Louisiana $8 $7 $16 $14 Entergy New Orleans $2 $2 $5 $2 Entergy Texas $6 $20 $12 $42 System Entergy $— $7 $— $7

Revenue Recognition Revenue Rec

Revenue Recognition Revenue Recognition (Tables)	6 Months Ended
Revenue Recognition Revenue Recognition (Tables)	Jun. 30, 2020
Disaggregation of Revenue [Table Text Block]	Entergy’s total revenues for the three months ended June 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $790,869 $770,373 Commercial 526,121 595,025 Industrial 576,203 641,733 Governmental 46,959 57,623 Total billed retail 1,940,152 2,064,754 Sales for resale (a) 52,761 75,318 Other electric revenues (b) 168,721 195,952 Revenues from contracts with customers 2,161,634 2,336,024 Other revenues (c) 28,923 9,703 Total electric revenues 2,190,557 2,345,727 Natural gas 22,495 30,699 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 175,720 280,398 Other revenues (c) 24,016 9,385 Total competitive businesses revenues 199,736 289,783 Total operating revenues $2,412,788 $2,666,209 Entergy’s total revenues for the six months ended June 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $1,588,897 $1,572,911 Commercial 1,065,061 1,149,082 Industrial 1,133,718 1,242,734 Governmental 99,541 110,584 Total billed retail 3,887,217 4,075,311 Sales for resale (a) 106,487 159,753 Other electric revenues (b) 218,887 211,422 Revenues from contracts with customers 4,212,591 4,446,486 Other revenues (c) 28,605 20,265 Total electric revenues 4,241,196 4,466,751 Natural gas 66,471 85,647 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 391,723 640,869 Other revenues (c) 140,577 82,525 Total competitive businesses revenues 532,300 723,394 Total operating revenues $4,839,967 $5,275,792
Allowance for Doubtful Accounts	Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 38.4 6.3 14.1 7.0 5.5 5.5 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 6.0 1.6 2.0 0.8 0.7 0.9 Balance as of June 30, 2020 $43.2 $7.3 $14.5 $7.2 $8.4 $5.8
Entergy Arkansas [Member]
Allowance for Doubtful Accounts	Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 38.4 6.3 14.1 7.0 5.5 5.5 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 6.0 1.6 2.0 0.8 0.7 0.9 Balance as of June 30, 2020 $43.2 $7.3 $14.5 $7.2 $8.4 $5.8
Entergy Louisiana [Member]
Allowance for Doubtful Accounts	Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 38.4 6.3 14.1 7.0 5.5 5.5 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 6.0 1.6 2.0 0.8 0.7 0.9 Balance as of June 30, 2020 $43.2 $7.3 $14.5 $7.2 $8.4 $5.8
Entergy Mississippi [Member]
Allowance for Doubtful Accounts	Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 38.4 6.3 14.1 7.0 5.5 5.5 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 6.0 1.6 2.0 0.8 0.7 0.9 Balance as of June 30, 2020 $43.2 $7.3 $14.5 $7.2 $8.4 $5.8
Entergy New Orleans [Member]
Allowance for Doubtful Accounts	Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 38.4 6.3 14.1 7.0 5.5 5.5 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 6.0 1.6 2.0 0.8 0.7 0.9 Balance as of June 30, 2020 $43.2 $7.3 $14.5 $7.2 $8.4 $5.8
Entergy Texas [Member]
Allowance for Doubtful Accounts	Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 38.4 6.3 14.1 7.0 5.5 5.5 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 6.0 1.6 2.0 0.8 0.7 0.9 Balance as of June 30, 2020 $43.2 $7.3 $14.5 $7.2 $8.4 $5.8

Commitments and Contingencies C

Commitments and Contingencies Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended		6 Months Ended
	Apr. 30, 2020	Dec. 31, 2019	Jun. 30, 2020	Jun. 30, 2019
Loss Contingencies [Line Items]
Litigation proceeds for reimbursement of spent nuclear fuel storage costs			$ 67,252	$ 0
Entergy Louisiana [Member]
Loss Contingencies [Line Items]
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	$ 33,000		5,090	0
Damages awarded for previously recorded operation and maintenance	8,000
Damages awarded for previously capitalized costs	5,000
Damages awarded for previously recorded nuclear fuel expense	$ 20,000
Entergy Arkansas [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party		$ 80,000
Litigation proceeds for reimbursement of spent nuclear fuel storage costs			$ 55,001	$ 0
Entergy FitzPatrick Properties (Formerly Entergy Nuclear FitzPatrick) [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party		$ 7,000

Rate And Regulatory Matters (Na

Rate And Regulatory Matters (Narrative) (Details) - USD ($)	1 Months Ended										3 Months Ended		6 Months Ended		9 Months Ended	12 Months Ended					15 Months Ended		36 Months Ended
Rate And Regulatory Matters (Narrative) (Details) - USD ($)	Jul. 31, 2020	Jun. 30, 2020	May 31, 2020	Apr. 30, 2020	Mar. 31, 2020	Feb. 29, 2020	Oct. 31, 2019	Aug. 31, 2019	May 31, 2019	Jan. 31, 2018	Oct. 31, 2020	Jun. 30, 2020	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2020	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019	Jul. 27, 2019	Apr. 23, 2018	Mar. 31, 2019	Nov. 30, 2019	Sep. 30, 2019
Regulatory Assets [Line Items]
Impairment of Long-Lived Assets Held-for-use													$ 11,735,000	$ 26,684,000
Public Utilities, Requested Rate Increase (Decrease), Amount																				$ 7,300,000
Public Utilities Temporary Rate Increase Amount				$ 24,300,000
Entergy Louisiana [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Return on Equity, Percentage			9.80%																	9.66%
Rate Increase Included in Formula Rate Plan																				$ 103,000,000
Formula rate plan increase excluding Tax Cuts and Jobs Act Credits									$ 109,500,000
Bandwidth around midpoint of return on equity			6000.00%
public utilities proposed customer credits										$ 700,000
Proposed prospective reduction in the gas infrastructure rider										$ 200,000
Additional Requested Offset to Return of Unprotected Excess ADIT From Previously Deferred Operation and Maintenance Expenses		$ 800,000					$ 700,000
Regulatory asset related to costs associated with COVID-19 pandemic		10,700,000										$ 10,700,000	10,700,000
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]
Authorized return on common equity																				6.75%
Projected Over-Recovery Energy Cost Recovery Rider																								$ 39,600,000
Interim adjustment to energy cost recovery rider credit to customers			$ 50,000,000
Regulatory asset related to costs associated with COVID-19 pandemic		6,000,000										6,000,000	6,000,000
Vegetation management cost rider												22,000,000
Cap on 2019 retail revenues																				2.00%
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
Recovery of first-year revenue requirement for certain costs of Choctaw Generating Station																		59,000,000
Public Utilities, Requested Rate Increase (Decrease), Amended, Amount																		$ 23,800,000
Entergy New Orleans [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Rate Increase (Decrease), Amount						$ 45,000,000
Regulatory asset related to costs associated with COVID-19 pandemic		4,800,000										4,800,000	4,800,000
Opportunity Sales Refund to be Redirected to Cares Program		7,000,000										7,000,000	7,000,000
Non-Securitized Storm Reserves Reallocated to Cares Program		15,000,000										15,000,000	15,000,000
Entergy New Orleans [Member] \| Electricity [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Rate Increase (Decrease), Amount						42,000,000
Rider reductions included in decreased rates						29,000,000
Entergy New Orleans [Member] \| Natural Gas [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Rate Increase (Decrease), Amount						$ 3,000,000
Entergy New Orleans [Member] \| Subsequent Event [Member]
Regulatory Assets [Line Items]
public utilities proposed customer credits	$ 100
Entergy New Orleans [Member] \| Subsequent Event [Member] \| Maximum [Member]
Regulatory Assets [Line Items]
public utilities proposed customer credits	$ 400
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
Non-specific disallowance of fuel and purchased power expenses		1,200,000
Regulatory asset related to costs associated with COVID-19 pandemic		4,100,000										4,100,000	4,100,000
Entergy Texas [Member] \| Minimum [Member]
Regulatory Assets [Line Items]
Intervenor recommended disallowance of revenue requirement			$ 300,000
Entergy Texas [Member] \| Maximum [Member]
Regulatory Assets [Line Items]
Intervenor recommended disallowance of revenue requirement		4,100,000
Entergy Texas [Member] \| Subsequent Event [Member]
Regulatory Assets [Line Items]
interim fuel refund											$ 25,500,000
Entergy Arkansas [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Return on Equity, Percentage																				9.07%
Projected Revenue Deficiency																				$ 23,900,000
Energy Cost Recovery Rider Rate Per kWh																			$ 0.01462
Entergy Arkansas [Member] \| Subsequent Event [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Return on Equity, Percentage	9.75%															7.84%
Projected Revenue Deficiency																$ 80,700,000
Rate Increase Included in Formula Rate Plan																$ 104,600,000
Energy Cost Recovery Rider Rate Per kWh																	$ 0.01052
Annual revenue constraint per rate class percentage	4.00%
Reduced proposed increase in revenue requirement to comply with annual revenue constraint	$ 74,300,000
Refund to customers, plus interest, associated with recalculated bandwidth remedy	13,700,000
System Energy [Member]
Regulatory Assets [Line Items]
LPSC requested authorized return on equity for System Energy in return on equity proceeding																					7.89%	8.44%
FERC requested authorized return on equity for System Energy in return on equity proceeding, rebuttal																					8.66%	9.22%
APSC/MPSC requested authorized return on equity for System Energy in return on equity proceeding																					8.01%	8.41%
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
Requested return on equity based on alternative methodology																						10.26%
Interest Portion of LPSC requested rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback		179,000,000										179,000,000	179,000,000
Remaining NBV of Leased Assets				70,000,000
Refund of Lease Payments				$ 17,200,000
Rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback		409,000,000										409,000,000	409,000,000
Interest Portion of rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback		101,000,000										101,000,000	101,000,000
Refund related to depreciation expense adjustments		$ 19,000,000										$ 19,000,000	$ 19,000,000
First refund period requested authorized rate of return - LPSC		7.97%
First refund period requested authorized rate of return - MPSC and APSC		9.24%
First refund period requested authorized rate of return - FERC		9.49%
Second refund period requested authorized rate of return - LPSC		7.78%
Second refund period requested authorized rate of return - MPSC and APSC		9.15%
Second refund period requested authorized rate of return - FERC		9.09%
First refund period requested authorized rate of return		10.12%
Second refund period requested authorized rate of return		9.44%
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]
Additional unprotected excess ADIT related to uncertain decommissioning tax deduction	$ 147,000,000
Grand Gulf [Member] \| System Energy [Member]
Regulatory Assets [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage													11.50%
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

Rate And Regulatory Matters R_2

Rate And Regulatory Matters Rate and Regulatory Matters (Payments/Receipts Among The Utility Operating Companies) (Details) - FERC April 2020 Order [Member] $ in Millions	1 Months Ended
	Jun. 30, 2020USD ($)
Entergy Arkansas [Member]
Receipts from utility operating companies pursuant to FERC order	$ (2.8)
Entergy Louisiana [Member]
Payments to utility operating companies pursuant to FERC order	2.3
Entergy Mississippi [Member]
Payments to utility operating companies pursuant to FERC order	0.2
Entergy New Orleans [Member]
Receipts from utility operating companies pursuant to FERC order	(0.1)
Entergy Texas [Member]
Payments to utility operating companies pursuant to FERC order	$ 0.4

Equity (Narrative) (Details)

Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jan. 01, 2019
Equity [Abstract]
Stock Options Excluded From Diluted Common Shares Outstanding Calculation		500,000		500,000	300,000
Proceeds from Issuance of Common Stock				$ 0	$ 607,650
Shares, Issued		1,061,599		1,061,599
Common stock dividend (in dollars per share)		$ 0.93	$ 0.91	$ 1.86	$ 1.82
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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Incremental Weighted Average Shares Attributable to Dilutive Effect [Abstract]
Stock options, Shares	300,000	500,000	500,000	500,000
Stock options $/share	$ 0	$ 0	$ (0.01)	$ (0.01)
Restricted stock, Shares	400,000	700,000	400,000
Restricted stock $/share	$ (0.01)	$ 0	$ 0	$ (0.01)
Incremental Common Shares Attributable to Dilutive Effect of Equity Forward Agreements			0	800,000
Average Dilutive Effect Of Equity Forwards			$ 0	$ (0.01)
Basic earnings per share
Net Income (Loss) Available to Common Stockholders, Basic	$ 360,533	$ 236,424	$ 479,247	$ 490,961
Net Income (Loss) Available to Common Stockholders, Diluted	$ 360,500	$ 236,400	$ 479,200	$ 491,000
Net Income Attributable to Entergy Corporation, Shares	200,178,010	193,019,269	199,984,013	191,306,742
Net Income Attributable to Entergy Corporation, $/share	$ 1.80	$ 1.22	$ 2.40	$ 2.57
Diluted earnings per share, Shares	200,886,749	194,238,315	200,891,134	193,243,287
Diluted earnings per share $/share	$ 1.79	$ 1.22	$ 2.39	$ 2.54

Equity (Accumulated Other Compr

Equity (Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	$ (388,604)	$ (398,987)	$ (430,404)	$ (551,152)	$ (388,604)	$ (430,404)	$ (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	27,435		115,193		171,980	157,043
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(17,052)		5,555		(113,664)	(23,468)
Other comprehensive income (loss)	10,383	47,933	120,748	12,827	58,316	133,575
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	60,255	41,690	26,736	12,466	60,255	26,736	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	22,545		15,834		40,258	29,373
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(3,980)		(1,564)		(5,949)	(1,400)
Other comprehensive income (loss)	18,565		14,270		34,309	27,973
Accumulated Other Comprehensive Income [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income (loss)	10,383	47,933	120,748	12,827
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	(485,949)	(503,173)	(508,876)	(520,372)	(485,949)	(508,876)	(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	0		0		34,349	0
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	17,224		11,496		36,774	23,046
Other comprehensive income (loss)	17,224		11,496		71,123	23,046
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	37,090	62,496	51,736	(43,246)	37,090	51,736	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	4,890		99,359		97,373	127,670
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(30,296)		(4,377)		(144,489)	(45,114)
Other comprehensive income (loss)	(25,406)		94,982		(47,116)	82,556
Entergy Louisiana [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	13,084				13,084		4,562
Other comprehensive income (loss)	(945)	9,467	(969)	(969)	8,522	(1,938)
Entergy Louisiana [Member] \| Accumulated Other Comprehensive Income [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income (loss)	(945)	9,467	(969)	(969)
Entergy Louisiana [Member] \| Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	13,084	$ 14,029	(8,091)	$ (7,122)	13,084	(8,091)	$ 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	(945)		(969)		(1,528)	(1,938)
Other comprehensive income (loss)	$ (945)		$ (969)		$ 8,522	$ (1,938)
Restatement Adjustment [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss								(563,979)
Restatement Adjustment [Member] \| Accumulated Net Investment Gain (Loss) Attributable to 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				6 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,412,788		$ 2,666,209		$ 4,839,967	$ 5,275,792
Other Nonoperating Income (Expense)	(93,620)		(45,870)		(70,232)	(110,527)
Income taxes (benefits)	(89,115)		(1,458)		(17,921)	(44,229)
Consolidated net income	365,113	$ 123,294	240,533	$ 258,646	488,406	499,180
Competitive Businesses [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	199,736		289,783		532,300	723,394
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Consolidated net income	17,052		(5,555)		113,664	23,468
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)		(97)	(97)
INCOME (LOSS) BEFORE INCOME TAXES	25,038		5,541		119,412	57,107
Income taxes (benefits)	5,258		(1,164)		25,077	(11,993)
Consolidated net income	30,296		4,377		144,489	45,114
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	25,086		5,589		119,509	57,204
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] \| Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Realized gain (loss)	6,297		2,475		9,413	2,216
Income taxes (benefits)	(2,317)		(911)		(3,464)	(816)
Consolidated net income	3,980		1,564		5,949	1,400
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	5,682		5,325		9,401	10,652
Amortization of loss	(27,619)		(18,980)		(54,937)	(37,969)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	0		(918)		0	(2,055)
INCOME (LOSS) BEFORE INCOME TAXES	(21,937)		(14,573)		(45,536)	(29,372)
Income taxes (benefits)	4,713		3,077		8,762	6,326
Consolidated net income	(17,224)		(11,496)		(36,774)	(23,046)
Entergy Louisiana [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,011,652		1,106,317		1,942,299	2,065,647
Other Nonoperating Income (Expense)	(66,811)		(22,306)		(17,210)	(64,650)
Income taxes (benefits)	(35,910)		(38,405)		14,273	(54,936)
Consolidated net income	170,459	$ 189,396	183,084	$ 127,633	359,855	310,717
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	1,698		1,837		2,787	3,674
Amortization of loss	(419)		(526)		(720)	(1,052)
INCOME (LOSS) BEFORE INCOME TAXES	1,279		1,311		2,067	2,622
Income taxes (benefits)	(334)		(342)		(539)	(684)
Consolidated net income	$ 945		$ 969		$ 1,528	$ 1,938

Revolving Credit Facilities, _3

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Narrative) (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 31, 2020USD ($)	Jun. 30, 2020USD ($)	Jul. 31, 2020USD ($)	May 31, 2020USD ($)	Dec. 31, 2019USD ($)
Debt Instrument [Line Items]
Amount of Facility		$ 3,500,000
Amount Drawn/ Outstanding		$ 160,000
Commercial Paper Program [Member]
Debt Instrument [Line Items]
Debt, weighted average interest rate		2.01%
Commercial Paper program limit		$ 2,000,000
Commercial Paper Amount Outstanding		1,946,000
Credit Facility [Member]
Debt Instrument [Line Items]
Amount of Facility		3,500,000
Amount of total borrowing capacity against which fronting commitments exist		$ 20,000
Line of credit facility, commitment fee percentage		0.225%
Line of Credit Facility, Interest Rate During Period		2.62%
2.80% Series senior notes due June 2030 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage				2.80%
Amount				$ 600,000
3.75% Series senior notes due June 2050 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage				3.75%
Amount				$ 600,000
5.125% Series senior notes due September 2020 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage				5.125%
Amount				$ 450,000
Entergy Arkansas [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings		$ 250,000
Amount of total borrowing capacity against which fronting commitments exist		5,000
Letters of Credit Outstanding, Amount		3,100
Entergy Arkansas [Member] \| 4.00% Series mortgage bonds due 2028 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	4.00%
Amount	$ 100,000
Entergy Louisiana [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings		450,000
Amount of total borrowing capacity against which fronting commitments exist		15,000
Letters of Credit Outstanding, Amount		2,300
Entergy Louisiana [Member] \| Credit Facility [Member]
Debt Instrument [Line Items]
Amount of Facility	350,000
Repayments of Debt	$ 100,000
Entergy Louisiana [Member] \| 2.90% Series mortgage bonds due March 2015 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	2.90%
Amount	$ 350,000
Entergy Louisiana [Member] \| 4.20% Series mortgage bonds due September 2048 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	4.20%
Amount	$ 300,000
Entergy Louisiana [Member] \| 3.95% Series mortgage bonds due October 2020 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	3.95%
Amount	$ 250,000
Entergy Mississippi [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings		175,000
Letters of Credit Outstanding, Amount		1,500			$ 200
Entergy Mississippi [Member] \| 3.50% Series mortgage bonds due June 2051 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage				3.50%
Amount				$ 170,000
Entergy Texas [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings		200,000
Amount of total borrowing capacity against which fronting commitments exist		30,000
Letters of Credit Outstanding, Amount		400
Entergy Texas [Member] \| Credit Facility [Member]
Debt Instrument [Line Items]
Amount of Facility	150,000
Repayments of Debt	$ 100,000
Entergy Texas [Member] \| 3.55% Series mortgage bonds due September 2049 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	3.55%
Amount	$ 175,000
System Energy [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings		200,000
Entergy New Orleans [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings		150,000
Amount of total borrowing capacity against which fronting commitments exist		10,000
Letters of Credit Outstanding, Amount		500
Entergy New Orleans [Member] \| 3.75% Series mortgage bonds due March 2040 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	3.75%
Amount	$ 62,000
Entergy New Orleans [Member] \| 3.00% Series mortgage bonds due March 2025 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	3.00%
Amount	$ 78,000
System Energy VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding		$ 80,100
Line of Credit Facility, Interest Rate During Period		1.91%
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		$ 23,700
Line of Credit Facility, Interest Rate During Period		2.14%
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%
Amount		$ 90,000
Entergy Louisiana Waterford VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding		$ 16,200
Line of Credit Facility, Interest Rate During Period		2.31%
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%
Amount		$ 40,000
Entergy Louisiana River Bend VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding		$ 44,100
Line of Credit Facility, Interest Rate During Period		2.19%
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
Maximum [Member] \| Entergy Arkansas [Member]
Debt Instrument [Line Items]
Consolidated debt ratio		0.65
Consolidated debt ratio of total capitalization		70.00%
Maximum [Member] \| Entergy Louisiana [Member]
Debt Instrument [Line Items]
Consolidated debt ratio		0.65
Consolidated debt ratio of total capitalization		70.00%
Maximum [Member] \| Entergy Mississippi [Member]
Debt Instrument [Line Items]
Consolidated debt ratio		0.65
Maximum [Member] \| Entergy Texas [Member]
Debt Instrument [Line Items]
Consolidated debt ratio		0.65
Maximum [Member] \| System Energy [Member]
Debt Instrument [Line Items]
Consolidated debt ratio		0.65
Consolidated debt ratio of total capitalization		70.00%
Maximum [Member] \| Entergy New Orleans [Member]
Debt Instrument [Line Items]
Consolidated debt ratio		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
Letters of Credit Outstanding, Amount		0
Amount Drawn/ Outstanding		$ 0
Line of Credit Facility, Interest Rate During Period		2.91%
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
Letters of Credit Outstanding, Amount		0
Amount Drawn/ Outstanding		$ 0
Line of Credit Facility, Interest Rate During Period		2.91%
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
Letters of Credit Outstanding, Amount		0
Amount Drawn/ Outstanding		$ 0
Line of Credit Facility, Interest Rate During Period		2.91%
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
Letters of Credit Outstanding, Amount		1,300
Amount Drawn/ Outstanding		$ 0
Line of Credit Facility, Interest Rate During Period		3.28%
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
Letters of Credit Outstanding, Amount		0
Amount Drawn/ Outstanding		$ 0
Line of Credit Facility, Interest Rate During Period		3.28%
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
Letters of Credit Outstanding, Amount		0
Amount Drawn/ Outstanding		$ 0
Line of Credit Facility, Interest Rate During Period		3.28%
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
Letters of Credit Outstanding, Amount		0
Amount Drawn/ Outstanding		$ 0
Line of Credit Facility, Interest Rate During Period		3.28%
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
Letters of Credit Outstanding, Amount		800
Amount Drawn/ Outstanding		$ 0
Line of Credit Facility, Interest Rate During Period		3.06%
Line of Credit Facility, Expiration Date		Nov. 20, 2021
Subsequent Event [Member] \| Entergy Louisiana River Bend VIE [Member] \| 2.51% Series V Intermediate term secured notes [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage			2.51%
Amount			$ 70,000
Subsequent Event [Member] \| Credit Facility Of Twenty Five Million [Member] \| Entergy Arkansas [Member]
Debt Instrument [Line Items]
Amount of Facility			$ 25,000
Credit Facility of Sixty Five Million [Member] \| Entergy Mississippi [Member]
Debt Instrument [Line Items]
Letters of Credit Outstanding, Amount		$ 2,500
Uncommitted Credit Facility		65,000
Non-MISO letter of credit outstanding		$ 7,100

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	Jun. 30, 2020USD ($)
Summary of the borrowings outstanding and capacity available under the facility
Capacity	$ 3,500
Amount Drawn/ Outstanding	160
Letters of Credit	6
Capacity Available	$ 3,334

Revolving Credit Facilities, _5

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Credit Facilities) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Amount of Facility	$ 3,500,000
Amount Drawn/ Outstanding	160,000
Entergy Arkansas [Member]
Amount of total borrowing capacity against which fronting commitments exist	5,000
Letters of Credit Outstanding, Amount	$ 3,100
Entergy Arkansas [Member] \| Credit Facility Of One Hundred And Fifty Million [Member]
Expiration Date	Sep. 14, 2024
Amount of Facility	$ 150,000
Interest Rate	2.91%
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	2.91%
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
Letters of Credit Outstanding, Amount	$ 2,300
Entergy Louisiana [Member] \| Credit Facility Of Three Hundred Fifty Million [Member]
Expiration Date	Sep. 14, 2024
Amount of Facility	$ 350,000
Interest Rate	2.91%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	$ 1,500	$ 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	3.28%
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	3.28%
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	3.28%
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
Letters of Credit Outstanding, Amount	$ 500
Entergy New Orleans [Member] \| Credit Facility Of Twenty Five Million [Member]
Expiration Date	Nov. 20, 2021
Amount of Facility	$ 25,000
Interest Rate	3.06%
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
Letters of Credit Outstanding, Amount	$ 400
Entergy Texas [Member] \| Credit Facility Of One Hundred And Fifty Million [Member]
Expiration Date	Sep. 14, 2024
Amount of Facility	$ 150,000
Interest Rate	3.28%
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	Jun. 30, 2020USD ($)
Entergy Arkansas [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	$ 250
Borrowings	26
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	0
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	$ 16

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	6 Months Ended
	Jun. 30, 2020USD ($)
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Amount Drawn/ Outstanding	$ 160
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	2.14%
Amount Drawn/ Outstanding	$ 23.7
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	1.91%
Amount Drawn/ Outstanding	$ 80.1
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	2.19%
Amount Drawn/ Outstanding	$ 44.1
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	2.31%
Amount Drawn/ Outstanding	$ 16.2
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	Jun. 30, 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	Jun. 30, 2020	Dec. 31, 2019
Long-term Debt, Fair Value	$ 21,651,678	$ 19,059,950
Long-term Debt, Book Value	19,483,373	17,873,655
Entergy Arkansas [Member]
Long-term Debt, Fair Value	3,972,000	3,747,914
Long-term Debt, Book Value	3,628,588	3,517,208
Entergy Louisiana [Member]
Long-term Debt, Fair Value	8,988,369	7,961,168
Long-term Debt, Book Value	7,879,741	7,303,669
Entergy Mississippi [Member]
Long-term Debt, Fair Value	1,964,145	1,709,505
Long-term Debt, Book Value	1,780,040	1,614,129
Entergy New Orleans [Member]
Long-term Debt, Fair Value	658,162	523,846
Long-term Debt, Book Value	674,617	560,906
Entergy Texas [Member]
Long-term Debt, Fair Value	2,328,356	2,090,215
Long-term Debt, Book Value	2,070,503	1,922,956
System Energy [Member]
Long-term Debt, Fair Value	621,692	565,209
Long-term Debt, Book Value	$ 596,861	$ 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 ($)	Jun. 30, 2020	Dec. 31, 2019
Entergy Arkansas [Member]
Letters of Credit Outstanding, Amount	$ 3,100,000
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	1,500,000	$ 200,000
Entergy Louisiana [Member]
Letters of Credit Outstanding, Amount	2,300,000
Entergy New Orleans [Member]
Letters of Credit Outstanding, Amount	500,000
Entergy Texas [Member]
Letters of Credit Outstanding, Amount	400,000
Credit Facility Of Twenty Five Million [Member] \| Entergy Arkansas [Member]
Uncommitted Credit Facility	$ 25,000,000
Letter of Credit Fee, Percentage	0.78%
Letters of Credit Outstanding, Amount	$ 4,500,000
Credit Facility of Fifty Million [Member] \| Entergy Texas [Member]
Uncommitted Credit Facility	$ 50,000,000
Letter of Credit Fee, Percentage	0.70%
Letters of Credit Outstanding, Amount	$ 10,200,000
Credit Facility of Fifteen Million [Member] \| Entergy New Orleans [Member]
Uncommitted Credit Facility	$ 15,000,000
Letter of Credit Fee, Percentage	1.00%
Letters of Credit Outstanding, Amount	$ 1,000,000
Credit Facility Of One Hundred Twenty Five Million [Member] \| Entergy Louisiana [Member]
Uncommitted Credit Facility	$ 125,000,000
Letter of Credit Fee, Percentage	0.78%
Letters of Credit Outstanding, Amount	$ 15,500,000
Credit Facility of Sixty Five Million [Member] \| Entergy Mississippi [Member]
Uncommitted Credit Facility	$ 65,000,000
Letter of Credit Fee, Percentage	0.78%
Letters of Credit Outstanding, Amount	$ 2,500,000

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	Jan. 30, 2020	Jan. 31, 2020	Mar. 31, 2020	Jun. 30, 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 Fifteen [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				2,427,479
Weighted-average exercise price of stock options outstanding (in dollars per share)				$ 89.72
Intrinsic value in the money stock options				$ 29.7
Restricted Awards [Member] \| Equity Ownership And Long Term Cash Incentive Plan Two Thousand Fifteen [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] \| Equity Ownership And Long Term Cash Incentive Plan Two Thousand Fifteen [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 Fifteen [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 Fifteen [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) - Employee Stock Option [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 1	$ 1	$ 2	$ 2
Tax benefit recognized in Entergy's net income	0.2	0.3	0.5	0.5
Compensation cost capitalized as part of fixed assets and inventory	$ 0.4	$ 0.3	$ 0.8	$ 0.6

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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 9.6	$ 8.4	$ 19	$ 17.2
Tax benefit recognized in Entergy's net income	2.5	2.2	4.9	4.4
Compensation cost capitalized as part of fixed assets and inventory	$ 3.8	$ 2.9	$ 7.2	$ 5.8

Retirement And Other Postreti_3

Retirement And Other Postretirement Benefits (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2020	Jun. 30, 2020	Jun. 30, 2019
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	$ 416,300			$ 416,300
Defined Benefit Plan, Plan Assets, Contributions by Employer				112,000
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	78,643			78,643
Defined Benefit Plan, Plan Assets, Contributions by Employer				17,584
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	74,991			74,991
Defined Benefit Plan, Plan Assets, Contributions by Employer				18,706
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	20,115			20,115
Defined Benefit Plan, Plan Assets, Contributions by Employer				4,296
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	5,839			5,839
Defined Benefit Plan, Plan Assets, Contributions by Employer				1,458
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	5,634			5,634
Defined Benefit Plan, Plan Assets, Contributions by Employer				1,485
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	21,730			21,730
Defined Benefit Plan, Plan Assets, Contributions by Employer				5,714
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			$ 61,059
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			56,285
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			15,819
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			4,381
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			4,149
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			$ 16,016
Non Qualified Pension Plans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net periodic benefit costs	4,500	$ 7,600		9,100	$ 11,600
Defined Benefit Plan, Plan Assets, Payment for Settlement		3,700			3,700
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	71		166	144
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	41		74	84
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	113		180	188
Defined Benefit Plan, Plan Assets, Payment for Settlement		40			40
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	6		16	11
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	$ 122		$ 234	$ 246

Retirement And Other Postreti_4

Retirement And Other Postretirement Benefits (Components Of Qualified Net Pension Cost) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	$ 40,379	$ 33,606	$ 80,758	$ 67,213
Interest cost on projected benefit obligation	60,799	73,912	121,598	147,853
Expected return on assets	(103,565)	(103,859)	(207,130)	(207,743)
Amortization of loss	87,259	58,420	174,518	116,838
Net other postretirement benefit cost	84,872	62,241	169,744	125,460
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	0	162	0	1,299
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	13,132	10,522
Interest cost on projected benefit obligation	11,433	14,175	22,866	28,350
Expected return on assets	(19,622)	(20,176)	(39,244)	(40,352)
Amortization of loss	16,897	11,841	33,794	23,682
Net other postretirement benefit cost	15,274	11,101	30,548	22,202
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	17,588	14,568
Interest cost on projected benefit obligation	12,841	15,882	25,682	31,764
Expected return on assets	(22,402)	(22,652)	(44,804)	(45,304)
Amortization of loss	16,627	11,643	33,254	23,286
Net other postretirement benefit cost	15,860	12,157	31,720	24,314
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	4,046	3,258
Interest cost on projected benefit obligation	3,340	4,068	6,680	8,136
Expected return on assets	(5,757)	(5,968)	(11,514)	(11,936)
Amortization of loss	4,748	3,105	9,496	6,209
Net other postretirement benefit cost	4,354	2,834	8,708	5,667
Pension Plans Defined Benefit [Member] \| Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	663	569	1,326	1,138
Interest cost on projected benefit obligation	1,456	1,874	2,912	3,748
Expected return on assets	(2,627)	(2,697)	(5,254)	(5,393)
Amortization of loss	2,005	1,530	4,010	3,059
Net other postretirement benefit cost	1,497	1,276	2,994	2,552
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	3,092	2,700
Interest cost on projected benefit obligation	2,782	3,612	5,564	7,224
Expected return on assets	(5,486)	(5,862)	(10,972)	(11,724)
Amortization of loss	3,265	2,334	6,530	4,668
Net other postretirement benefit cost	2,107	1,434	4,214	2,868
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	3,930	3,100
Interest cost on projected benefit obligation	2,814	3,363	5,628	6,727
Expected return on assets	(4,663)	(4,677)	(9,326)	(9,354)
Amortization of loss	4,279	2,850	8,558	5,700
Net other postretirement benefit cost	4,395	3,086	8,790	6,173
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	6,231	4,675	12,032	9,350
Interest cost on projected benefit obligation	6,888	11,975	14,820	23,950
Expected return on assets	(10,182)	(9,562)	(20,510)	(19,124)
Amortization of prior service cost (credit)	(8,985)	(8,844)	(14,907)	(17,688)
Amortization of loss	1,005	358	1,473	716
Net other postretirement benefit cost	(5,043)	(1,398)	(7,092)	(2,796)
Other Postretirement [Member] \| Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	933	591	1,761	1,182
Interest cost on projected benefit obligation	1,164	1,807	2,381	3,614
Expected return on assets	(4,260)	(3,991)	(8,586)	(7,982)
Amortization of prior service cost (credit)	(396)	(1,238)	(1,057)	(2,476)
Amortization of loss	162	144	217	288
Net other postretirement benefit cost	(2,397)	(2,687)	(5,284)	(5,374)
Other Postretirement [Member] \| Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,524	1,160	2,947	2,320
Interest cost on projected benefit obligation	1,497	2,666	3,220	5,332
Expected return on assets	0	0	0	0
Amortization of prior service cost (credit)	(1,695)	(1,837)	(2,784)	(3,674)
Amortization of loss	(81)	(174)	(280)	(348)
Net other postretirement benefit cost	1,245	1,815	3,103	3,630
Other Postretirement [Member] \| Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	372	262	723	524
Interest cost on projected benefit obligation	372	670	794	1,340
Expected return on assets	(1,287)	(1,199)	(2,594)	(2,398)
Amortization of prior service cost (credit)	(444)	(439)	(765)	(878)
Amortization of loss	48	181	77	362
Net other postretirement benefit cost	(939)	(525)	(1,765)	(1,050)
Other Postretirement [Member] \| Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	114	92	219	184
Interest cost on projected benefit obligation	186	395	413	790
Expected return on assets	(1,344)	(1,237)	(2,699)	(2,474)
Amortization of prior service cost (credit)	(228)	(171)	(304)	(342)
Amortization of loss	9	58	(29)	116
Net other postretirement benefit cost	(1,263)	(863)	(2,400)	(1,726)
Other Postretirement [Member] \| Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	306	236	609	472
Interest cost on projected benefit obligation	477	854	1,059	1,708
Expected return on assets	(2,403)	(2,276)	(4,838)	(4,552)
Amortization of prior service cost (credit)	(939)	(561)	(1,489)	(1,122)
Amortization of loss	231	121	443	242
Net other postretirement benefit cost	(2,328)	(1,626)	(4,216)	(3,252)
Other Postretirement [Member] \| System Energy [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	321	243	615	486
Interest cost on projected benefit obligation	276	476	583	952
Expected return on assets	(735)	(697)	(1,483)	(1,394)
Amortization of prior service cost (credit)	(282)	(363)	(501)	(726)
Amortization of loss	33	89	53	178
Net other postretirement benefit cost	(387)	(252)	(733)	(504)
Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	4,500	7,600	9,100	11,600
Non Qualified Pension Plans [Member] \| Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	83	71	166	144
Non Qualified Pension Plans [Member] \| Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	37	41	74	84
Non Qualified Pension Plans [Member] \| Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	90	113	180	188
Non Qualified Pension Plans [Member] \| Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	8	6	16	11
Non Qualified Pension Plans [Member] \| Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	$ 117	$ 122	$ 234	$ 246

Retirement And Other Postreti_5

Retirement And Other Postretirement Benefits (Expected Employer Contributions) (Details) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2020	Jun. 30, 2020
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		$ 416,300
Defined Benefit Plan, Plan Assets, Contributions by Employer		112,000
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		74,991
Defined Benefit Plan, Plan Assets, Contributions by Employer		18,706
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	$ 56,285
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		20,115
Defined Benefit Plan, Plan Assets, Contributions by Employer		4,296
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	15,819
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		5,839
Defined Benefit Plan, Plan Assets, Contributions by Employer		1,458
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	4,381
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		5,634
Defined Benefit Plan, Plan Assets, Contributions by Employer		1,485
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	4,149
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		21,730
Defined Benefit Plan, Plan Assets, Contributions by Employer		5,714
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	16,016
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		78,643
Defined Benefit Plan, Plan Assets, Contributions by Employer		$ 17,584
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	$ 61,059

Retirement And Other Postreti_6

Retirement And Other Postretirement Benefits (Reclassification Out Of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	$ 5,682	$ 5,325	$ 9,401	$ 10,652
Amortization of loss	(27,619)	(18,980)	(54,937)	(37,969)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax		(918)		(2,055)
Total	(21,937)	(14,573)	(45,536)	(29,372)
Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	1,698	1,837	2,787	3,674
Amortization of loss	(419)	(526)	(720)	(1,052)
Total	1,279	1,311	2,067	2,622
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0	0	0
Amortization of loss	(26,461)	(18,736)	(52,923)	(37,470)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax		(162)		(1,299)
Total	(26,461)	(18,898)	(52,923)	(38,769)
Pension Plans Defined Benefit [Member] \| Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0	0	0
Amortization of loss	(499)	(699)	(998)	(1,397)
Total	(499)	(699)	(998)	(1,397)
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	5,739	5,375	9,516	10,750
Amortization of loss	(327)	308	(352)	615
Recognized Net Gain (Loss) Due To Settlements, Pre Tax		0		0
Total	5,412	5,683	9,164	11,365
Other Postretirement [Member] \| Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	1,698	1,837	2,787	3,674
Amortization of loss	81	174	280	348
Total	1,779	2,011	3,067	4,022
Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	(57)	(50)	(115)	(98)
Amortization of loss	(831)	(552)	(1,662)	(1,114)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax		(756)		(756)
Total	(888)	(1,358)	(1,777)	(1,968)
Non Qualified Pension Plans [Member] \| Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0	0	0
Amortization of loss	(1)	(1)	(2)	(3)
Total	$ (1)	$ (1)	$ (2)	$ (3)

Business Segment Information Bu

Business Segment Information Business Segment Information (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		7 Months Ended	24 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2020	Dec. 31, 2022
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Asset Write-Offs, Impairments, And Related Charges	$ 7	$ 16	$ 12	$ 90
Restructuring Charges	17	22	38	56
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges			38
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member] \| Subsequent Event [Member]
Segment Reporting Information [Line Items]
Restructuring Charges					$ 70	$ 60
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member] \| Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	$ 17	$ 22	$ 38	$ 56

Business Segment Information (S

Business Segment Information (Segment Financial Information) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,412,788		$ 2,666,209		$ 4,839,967	$ 5,275,792
Segment Financial Information
Income taxes (benefits)	89,115		1,458		17,921	44,229
Consolidated net income	365,113	$ 123,294	240,533	$ 258,646	488,406	499,180
Assets	53,365,302				53,365,302		$ 51,723,912
Utility [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,213,061		2,376,437		4,307,690	4,552,419
Segment Financial Information
Income taxes (benefits)	73,710		21,150		20,761	9,586
Consolidated net income	348,902		334,752		672,751	568,900
Assets	51,205,266				51,205,266		49,557,664
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	199,709		289,783		532,258	723,394
Segment Financial Information
Income taxes (benefits)	24,467		(9,290)		(6,073)	56,618
Consolidated net income	85,178		(25,382)		(25,251)	71,697
Assets	3,658,974				3,658,974		4,154,961
All Other [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	18		2		29	2
Segment Financial Information
Income taxes (benefits)	(9,062)		(10,402)		3,233	(21,975)
Consolidated net income	(37,069)		(36,939)		(95,298)	(77,620)
Assets	493,119				493,119		514,020
Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0		(13)		(10)	(23)
Segment Financial Information
Income taxes (benefits)	0		0		0	0
Consolidated net income	(31,898)		$ (31,898)		(63,796)	$ (63,797)
Assets	$ (1,992,057)				$ (1,992,057)		$ (2,502,733)

Business Segment Information _2

Business Segment Information Business Segment Information (Restructuring Costs) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges			$ 38
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	$ 17	$ 22	38	$ 56
Restructuring Reserve	167	195	167	195	$ 164	$ 143	$ 227	$ 193
Payments for Restructuring	14	54	14	54
Asset Write-Offs, Impairments, And Related Charges	7	16	12	90
Entergy Wholesale Commodities [Member] \| Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	17	22	38	56
Restructuring Reserve	153	181	153	181	150	129	213	179
Payments for Restructuring	14	54	14	54
Entergy Wholesale Commodities [Member] \| Economic Development Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	0	0	0	0
Restructuring Reserve	14	14	14	14	$ 14	$ 14	$ 14	$ 14
Payments for Restructuring	$ 0	$ 0	$ 0	$ 0

Risk Management and Fair Valu_3

Risk Management and Fair Values (Narrative) (Details) TWh in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)MMBTUGWh	Jun. 30, 2019USD ($)	Dec. 31, 2020TWh	Jun. 30, 2020USD ($)MMBTUGWh	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Cash flow hedges relating to power sales as part of net unrealized gains				$ 48
Reclassified from accumulated other comprehensive income (OCI) to operating revenues				48
Maturity of cash flow hedges, Tax	$ 5	$ 1		$ 25	$ 12
Maximum length of time over which Company is currently hedging the variability in future cash flows for forecasted power transactions, years				9 months
Total volume of natural gas swaps outstanding (MMBtu) \| MMBTU	37,862,000			37,862,000
Total volume of fixed transmission rights outstanding \| GWh	129,379			129,379
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset and Liability Unrealized Gains (Loss) Included in Earnings	$ 3	$ 1.4		$ 4	$ (3.5)
Debt Securities, Available-for-sale, Allowance for Credit Loss	0.4			0.4
Letters Of Credit	6			6
Entergy Arkansas [Member]
Letters of Credit Outstanding, Amount	$ 3.1			$ 3.1
Total volume of fixed transmission rights outstanding \| GWh	30,375			30,375
Entergy Louisiana [Member]
Letters of Credit Outstanding, Amount	$ 2.3			$ 2.3
Total volume of natural gas swaps outstanding (MMBtu) \| MMBTU	27,400,000			27,400,000
Total volume of fixed transmission rights outstanding \| GWh	61,443			61,443
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	$ 1.5			$ 1.5		$ 0.2
Total volume of natural gas swaps outstanding (MMBtu) \| MMBTU	10,462,000			10,462,000
Total volume of fixed transmission rights outstanding \| GWh	14,461			14,461
Entergy New Orleans [Member]
Letters of Credit Outstanding, Amount	$ 0.5			$ 0.5
Total volume of fixed transmission rights outstanding \| GWh	5,873			5,873
Entergy Texas [Member]
Letters of Credit Outstanding, Amount	$ 0.4			$ 0.4
Total volume of fixed transmission rights outstanding \| GWh	16,793			16,793
Entergy Wholesale Commodities [Member]
Derivative, Collateral, Obligation to Return Cash						1
Letters of Credit Held						98
Gas Hedge Contracts [Member] \| Entergy Louisiana [Member]
Maximum Length of Time Hedged in Cash Flow Hedge				3 years 9 months
Gas Hedge Contracts [Member] \| Entergy Mississippi [Member]
Maximum Length of Time Hedged in Cash Flow Hedge				9 months
Entergy Wholesale Commodities [Member]
Cash collateral posted	$ 6			$ 6		11
Letters of Credit Held	41			41
Collateral Held						1
Letters Of Credit	$ 8			$ 8
Utility [Member]
Letters of Credit Outstanding, Amount						$ 98
Subsequent Event [Member]
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			7.2

Risk Management and Fair Valu_4

Risk Management and Fair Values (Fair Values Of Derivative Instruments) (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Utility [Member]
Liabilities:
Letters of Credit Outstanding, Amount		$ 98
Entergy Wholesale Commodities [Member]
Derivatives, Fair Value [Line Items]
Cash collateral posted	$ 6	11
Liabilities:
Letters of Credit Held	41
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	45	91
Derivative Asset, Fair Value, Gross Asset	49	92
Derivative, Collateral, Obligation to Return Cash	(4)	(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	4	11
Derivative, Collateral, Obligation to Return Cash	0	(1)
Prepayments And Other [Member] \| Natural Gas Swaps [Member] \| Utility [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	1
Derivative Asset, Fair Value, Gross Asset	1
Derivative, Collateral, Obligation to Return Cash	0
Prepayments And Other [Member] \| Fixed Transmission Rights (FTRs) [Member] \| Utility and Entergy Wholesale Commodities [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	22	10
Derivative Asset, Fair Value, Gross Asset	23	10
Derivative, Collateral, Obligation to Return Cash	(1)	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	1
Derivative, Collateral, Right to Reclaim Cash	(1)	(1)
Derivative Liability	0	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	6	5
Derivative, Collateral, Right to Reclaim Cash	0	0
Derivative Liability	6	5
Entergy Louisiana [Member]
Liabilities:
Letters of Credit Outstanding, Amount	2.3
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	2.2
Derivative, Collateral, Right to Reclaim Cash	0
Derivative Liability	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	0.6	0.8
Derivative Asset, Fair Value, Gross Asset	0.6	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	0.8
Derivative Asset, Fair Value, Gross Asset	0.8
Derivative, Collateral, Obligation to Return Cash	0
Entergy Louisiana [Member] \| Prepayments And Other [Member] \| Fixed Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	12.5	4.5
Derivative Asset, Fair Value, Gross Asset	12.7	4.5
Derivative, Collateral, Obligation to Return Cash	0.2	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	1.7	2.4
Derivative, Collateral, Right to Reclaim Cash	0	0
Derivative Liability	1.7	2.4
Entergy Mississippi [Member]
Liabilities:
Letters of Credit Outstanding, Amount	1.5	0.2
Entergy Mississippi [Member] \| Prepayments And Other [Member] \| Fixed Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	1.1	0.8
Derivative Asset, Fair Value, Gross Asset	1.1	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	4.3	2.3
Derivative, Collateral, Right to Reclaim Cash	0	0
Derivative Liability	4.3	2.3
Entergy New Orleans [Member]
Liabilities:
Letters of Credit Outstanding, Amount	0.5
Entergy New Orleans [Member] \| Prepayments And Other [Member] \| Fixed 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 New Orleans [Member] \| Other Current Liabilities [Member] \| Fixed Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	0.3
Derivative, Collateral, Right to Reclaim Cash	(0.5)
Derivative Liability	0.2
Entergy Arkansas [Member]
Liabilities:
Letters of Credit Outstanding, Amount	3.1
Entergy Arkansas [Member] \| Prepayments And Other [Member] \| Fixed Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	6.1	3.3
Derivative Asset, Fair Value, Gross Asset	6.3	3.4
Derivative, Collateral, Obligation to Return Cash	(0.2)	(0.1)
Entergy Texas [Member]
Liabilities:
Letters of Credit Outstanding, Amount	0.4
Entergy Texas [Member] \| Prepayments And Other [Member] \| Fixed Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	2.6	0.9
Derivative Asset, Fair Value, Gross Asset	2.6	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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Effect of Derivative instruments designated as cash flow hedges on consolidated statements of income
Amount of gain (loss) recognized in AOCI (effective portion)	$ (7)	$ 126	$ 60	$ 152
Amount of gain reclassified from accumulated OCI into income (effective portion)	$ 25	$ 6	$ 120	$ 57

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) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Competitive Businesses Operating Revenues [Member] \| Electricity Swaps And Options [Member] \| Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net	$ (2)	$ (2)	$ (2)	$ 3
Fuel, Fuel Related Expenses And Gas Purchased For Resale [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net	(3)	(6)	(9)	(7)
Purchased Power Expense [Member] \| Fixed Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net	15	32	28	53
Entergy Arkansas [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount	3.1		3.1
Entergy Arkansas [Member] \| Purchased Power Expense [Member] \| Fixed Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net	4.8	3.6	9.4	12
Entergy Louisiana [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount	2.3		2.3
Entergy Louisiana [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member] \| Other Current Liabilities [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Liability, Fair Value, Gross Liability	1.7		1.7		$ 2.4
Derivative, Collateral, Right to Reclaim Cash	0		0		0
Derivative Liability	1.7		1.7		2.4
Entergy Louisiana [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member] \| Other Noncurrent Liabilities
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Liability, Fair Value, Gross Liability					2.2
Derivative, Collateral, Right to Reclaim Cash					0
Derivative Liability					2.2
Entergy Louisiana [Member] \| Fuel, Fuel Related Expenses And Gas Purchased For Resale [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net		(2.7)	(1.3)	(1.9)
Entergy Louisiana [Member] \| Purchased Power Expense [Member] \| Fixed Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net	5.4	17.7	10.7	26.5
Entergy Mississippi [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount	1.5		1.5		0.2
Entergy Mississippi [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member] \| Other Current Liabilities [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Liability, Fair Value, Gross Liability	4.3		4.3		2.3
Derivative, Collateral, Right to Reclaim Cash	0		0		0
Derivative Liability	4.3		4.3		2.3
Entergy Mississippi [Member] \| Fuel, Fuel Related Expenses And Gas Purchased For Resale [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net	(2.5)	(3.5)	(7.7)	(5.2)
Entergy Mississippi [Member] \| Purchased Power Expense [Member] \| Fixed Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net	(0.4)	2.2	(0.5)	3.3
Entergy New Orleans [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount	0.5		0.5
Entergy New Orleans [Member] \| Fixed Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member] \| Other Current Liabilities [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Liability, Fair Value, Gross Liability	0.3		0.3
Derivative, Collateral, Right to Reclaim Cash	0.5		0.5
Derivative Liability	0.2		0.2
Entergy New Orleans [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member] \| Other Current Liabilities [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Liability, Fair Value, Gross Liability					0.2
Derivative, Collateral, Right to Reclaim Cash					0
Derivative Liability					$ 0.2
Entergy New Orleans [Member] \| Fuel, Fuel Related Expenses And Gas Purchased For Resale [Member] \| Natural Gas Swaps [Member] \| Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net			(0.4)	0.2
Entergy New Orleans [Member] \| Purchased Power Expense [Member] \| Fixed Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net	0.2	0.7	0.6	2.6
Entergy Texas [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount	0.4		0.4
Entergy Texas [Member] \| Purchased Power Expense [Member] \| Fixed Transmission Rights (FTRs) [Member] \| Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net	$ 5.3	$ 7.8	$ 7.6	$ 8.1

Risk Management and Fair Valu_7

Risk Management and Fair Values (Assets And Liabilities At Fair Value On A Recurring Basis) (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	$ 879,958,000	$ 391,480,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	35,000,000	47,000,000
Replacement Reserve Escrow	420,000,000	459,000,000
Equity Securities, FV-NI	879,000,000	905,000,000
Debt Securities	3,123,000,000	2,963,000,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	7,895,000,000	7,430,000,000
Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	8,000,000	7,000,000
Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Available-for-sale Securities	2,485,000,000	2,536,000,000
Power Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	49,000,000	118,000,000
Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,000,000	1,000,000
Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	22,000,000	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	880,000,000	391,000,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	35,000,000	47,000,000
Replacement Reserve Escrow	420,000,000	459,000,000
Equity Securities, FV-NI	879,000,000	905,000,000
Debt Securities	1,080,000,000	1,139,000,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	3,295,000,000	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	6,000,000	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	1,000,000	0
Fair Value Inputs Level 1 [Member] \| Fixed 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	2,043,000,000	1,824,000,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	2,044,000,000	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] \| Fixed 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	71,000,000	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	49,000,000	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] \| Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	22,000,000	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	30,450,000	5,991,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	1,538,000	1,989,000
Replacement Reserve Escrow	83,000,000	82,600,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	115,000,000	90,900,000
Entergy New Orleans [Member] \| Fixed Transmission Rights (FTRs) [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	200,000
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] \| Fixed 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	30,500,000	6,000,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	1,500,000	2,000,000
Replacement Reserve Escrow	83,000,000	82,600,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	115,000,000	90,600,000
Entergy New Orleans [Member] \| Fair Value Inputs Level 1 [Member] \| Fixed Transmission Rights (FTRs) [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 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] \| Fixed 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] \| Fixed Transmission Rights (FTRs) [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] \| 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] \| Fixed 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] \| Fixed Transmission Rights (FTRs) [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 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] \| Fixed 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	70,172,000	51,590,000
Assets at fair value on a recurring basis
Replacement Reserve Escrow	80,400,000	80,200,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	151,700,000	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	4,300,000	2,300,000
Entergy Mississippi [Member] \| Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,100,000	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	70,200,000	51,600,000
Assets at fair value on a recurring basis
Replacement Reserve Escrow	80,400,000	80,200,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	150,600,000	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	4,300,000	2,300,000
Entergy Mississippi [Member] \| Fair Value Inputs Level 1 [Member] \| Fixed 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	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] \| Fixed 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	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	1,100,000	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] \| Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,100,000	800,000
Entergy Louisiana [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	463,439,000	1,518,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	2,900,000	3,700,000
Replacement Reserve Escrow	256,700,000	295,900,000
Equity Securities, FV-NI	9,200,000	4,300,000
Debt Securities	622,900,000	601,500,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	2,301,900,000	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	3,900,000	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	932,900,000	958,000,000
Entergy Louisiana [Member] \| Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,400,000	800,000
Entergy Louisiana [Member] \| Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	12,500,000	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	463,400,000	1,500,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	2,900,000	3,700,000
Replacement Reserve Escrow	256,700,000	295,900,000
Equity Securities, FV-NI	9,200,000	4,300,000
Debt Securities	164,400,000	180,800,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	897,400,000	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	1,700,000	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	800,000	0
Entergy Louisiana [Member] \| Fair Value Inputs Level 1 [Member] \| Fixed 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	0	0
Debt Securities	458,500,000	420,700,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	459,100,000	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	2,200,000	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	600,000	800,000
Entergy Louisiana [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fixed 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	0	0
Debt Securities	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	12,500,000	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] \| Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	12,500,000	4,500,000
Entergy Arkansas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	10,000	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	2,792,000	4,036,000
Equity Securities, FV-NI	5,300,000	600,000
Debt Securities	441,500,000	412,800,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,118,700,000	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	663,000,000	687,900,000
Entergy Arkansas [Member] \| Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	6,100,000	3,300,000
Entergy Arkansas [Member] \| Fair Value Inputs Level 1 [Member]
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	2,800,000	4,000,000
Equity Securities, FV-NI	5,300,000	600,000
Debt Securities	107,900,000	108,700,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	116,000,000	113,300,000
Entergy Arkansas [Member] \| Fair Value Inputs Level 1 [Member] \| Fixed 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]
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Equity Securities, FV-NI	0	0
Debt Securities	333,600,000	304,100,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	333,600,000	304,100,000
Entergy Arkansas [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fixed 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]
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Equity Securities, FV-NI	0	0
Debt Securities	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	6,100,000	3,300,000
Entergy Arkansas [Member] \| Fair Value, Inputs, Level 3 [Member] \| Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	6,100,000	3,300,000
Entergy Texas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	41,126,000	12,904,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	27,645,000	37,720,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	71,300,000	51,500,000
Entergy Texas [Member] \| Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,600,000	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	41,100,000	12,900,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	27,600,000	37,700,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	68,700,000	50,600,000
Entergy Texas [Member] \| Fair Value Inputs Level 1 [Member] \| Fixed 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] \| Fixed 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	2,600,000	900,000
Entergy Texas [Member] \| Fair Value, Inputs, Level 3 [Member] \| Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,600,000	900,000
System Energy [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	68,441,000
Assets at fair value on a recurring basis
Equity Securities, FV-NI	9,800,000	13,300,000
Debt Securities	418,800,000	386,200,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,059,500,000	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	630,900,000	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		68,400,000
Assets at fair value on a recurring basis
Equity Securities, FV-NI	9,800,000	13,300,000
Debt Securities	166,900,000	176,300,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	176,700,000	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
Assets at fair value on a recurring basis
Equity Securities, FV-NI	0	0
Debt Securities	251,900,000	209,900,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	251,900,000	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
Assets at fair value on a recurring basis
Equity Securities, FV-NI	0	0
Debt Securities	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	$ 0	$ 0

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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020	Dec. 31, 2019	Mar. 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	$ 49		$ 49
Issuance of Financial Transmission Rights	0	$ 0	0	$ 0
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	49	72	49	72	$ 85
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value		72		72		$ 118	$ (46)	$ (31)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	16		(2)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings		(2)		3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)			60
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Other Comprehensive Income (Loss)	(7)	126		152
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	0	0	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(45)		(127)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements		(6)		(52)
Fixed 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	22	29	22	29	4	10	5	15
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	0	0	0
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 Other Comprehensive Income (Loss)	0	0	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	10	21	17	32
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(15)	(32)	(28)	(53)
Issuance of Financial Transmission Rights	23	35	23	35
Fixed 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	6.1	8.2	6.1	8.2	1.1	3.3	1.1	3.4
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				7.2
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset		1.1	5.7
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included as Regulatory Liability/Asset	3.3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(4.8)	(3.6)	(9.4)	(12)
Issuance of Financial Transmission Rights	6.5	9.6	6.5	9.6
Fixed 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	12.5	15.6	12.5	15.6	1.9	4.5	2.8	8.3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				15.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	2.8	11.8	5.5
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(5.4)	(17.7)	(10.7)	(26.5)
Issuance of Financial Transmission Rights	13.2	18.7	13.2	18.7
Fixed 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	1.1	2.8	1.1	2.8	0.3	0.8	0.7	2.2
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 as Regulatory Liability/Asset	(1)	0.4	(1.6)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(0.4)	(2.2)	(0.5)	(3.3)
Issuance of Financial Transmission Rights	1.4	3.9	1.4	3.9
Fixed 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		2		2	0	0.3	0.5	1.3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	(0.2)		(0.2)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				0.6
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset		(0.5)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included as Regulatory Liability/Asset	0.1		0.2
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements		(0.7)		(2.6)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	(0.2)		0.6
Issuance of Financial Transmission Rights	(0.1)	2.7	(0.1)	2.7
Fixed 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	2.6	0.6	2.6	0.6	$ 0.3	$ 0.9
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value							$ (0.3)	$ (0.5)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings				9.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	5.2		6.9
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included as Regulatory Liability/Asset		8.6
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(5.3)	(7.8)	(7.6)	(8.1)
Issuance of Financial Transmission Rights	$ 2.4	$ 0.1	$ 2.4	$ 0.1

Risk Management and Fair Valu_9

Risk Management and Fair Values (Schedules Of Valuation Techniques) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2020USD ($)
Range from Average Percentage for Fair Value of Electricity Swaps	4.75%
Effect of Significant Unobservable Inputs on Fair Value of Electricity Swaps	$ 5
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	$ 49
Gas Hedge Contracts [Member] \| Entergy Louisiana [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	3 years 9 months
Gas Hedge Contracts [Member] \| Entergy Mississippi [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	9 months

Decommissioning Trust Funds (Na

Decommissioning Trust Funds (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Jan. 01, 2019
Debt Securities, Trading, Measurement Input	$ 538,000		$ 538,000		$ 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	10,812	$ 8,096	19,555	$ 16,169
Amortized cost of debt securities	$ 2,381,000		$ 2,381,000		2,366,000
Average coupon rate of debt securities	3.19%		3.19%
Average duration of debt securities, years			7 years 29 days
Average maturity of debt securities, years			10 years 5 months 12 days
Proceeds from the dispositions of debt securities	$ 276,000	361,000	$ 676,000	726,000
Gains from dispositions of debt securities, gross	15,000	6,000	29,000	8,000
Losses from dispositions of debt securities, gross	1,000	1,000	4,000	3,000
Equity Securities, FV-NI, Unrealized Loss			126,000
Debt Securities, Available-for-sale, Allowance for Credit Loss	400		400
Equity Securities, FV-NI, Unrealized Gain	508,000
Debt Securities [Member]
Decommissioning Trust Funds [Abstract]
Deferred taxes on unrealized gains/(losses) recorded in OCI for non-regulated decommissioning trusts			33,000		13,000
Entergy Arkansas [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 411,600		$ 411,600		405,400
Average coupon rate of debt securities	2.72%		2.72%
Average duration of debt securities, years			7 years 2 months 4 days
Average maturity of debt securities, years			8 years 7 months 13 days
Proceeds from the dispositions of debt securities	$ 17,700	22,300	$ 66,400	33,200
Gains from dispositions of debt securities, gross	1,300	100	5,800	100
Losses from dispositions of debt securities, gross	100	18	200	100
Equity Securities, FV-NI, Unrealized Loss			30,400
Equity Securities, FV-NI, Unrealized Gain	116,800
Entergy Louisiana [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 573,300		$ 573,300		573,000
Average coupon rate of debt securities	3.84%		3.84%
Average duration of debt securities, years			7 years 2 months 15 days
Average maturity of debt securities, years			12 years 11 months 15 days
Proceeds from the dispositions of debt securities	$ 34,100	39,500	$ 101,500	95,700
Gains from dispositions of debt securities, gross	2,000	1,400	4,900	1,700
Losses from dispositions of debt securities, gross	100	50	$ 700	200
Percentage Interest in River Bend			30.00%
Equity Securities, FV-NI, Unrealized Loss			$ 40,100
Equity Securities, FV-NI, Unrealized Gain	160,800
System Energy [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 386,700		$ 386,700		371,400
Average coupon rate of debt securities	2.97%		2.97%
Average duration of debt securities, years			7 years 4 months 20 days
Average maturity of debt securities, years			11 years 2 months 8 days
Proceeds from the dispositions of debt securities	$ 73,600	87,700	$ 165,600	129,800
Gains from dispositions of debt securities, gross	5,400	1,500	7,000	1,900
Losses from dispositions of debt securities, gross	200	$ 300	400	$ 400
Equity Securities, FV-NI, Unrealized Loss			28,900
Equity Securities, FV-NI, Unrealized Gain	111,100
Indian Point 3 [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value	945,000		945,000		930,000
Indian Point 1 [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value	565,000		565,000		556,000
Indian Point 2 [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value	715,000		715,000		701,000
Palisades [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value	$ 528,000		$ 528,000		$ 498,000

Decommissioning Trust Funds (Se

Decommissioning Trust Funds (Securities Held) (Details) - Debt Securities [Member] - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Fair Value	$ 2,585	$ 2,456
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	206	96
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	2	6
Entergy Arkansas [Member]
Debt Securities, Available-for-sale [Line Items]
Fair Value	441.5	412.8
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	30	9.9
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	0.1	2.6
Entergy Louisiana [Member]
Debt Securities, Available-for-sale [Line Items]
Fair Value	622.9	601.5
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	50.1	29.3
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	0.5	0.8
System Energy [Member]
Debt Securities, Available-for-sale [Line Items]
Fair Value	418.8	386.2
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	32.4	15.1
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	$ 0.3	$ 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	Jun. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	$ 116	$ 404
More than 12 months Fair Value	5	38
Total Fair Value	121	442
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	2	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	2	6
Entergy Arkansas [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	14.6	104.8
More than 12 months Fair Value	0	7.7
Total Fair Value	14.6	112.5
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0.1	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	0.1	2.6
Entergy Louisiana [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	29.3	71.2
More than 12 months Fair Value	0.8	7.9
Total Fair Value	30.1	79.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0.5	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	0.5	0.8
System Energy [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	15.4	56.9
More than 12 months Fair Value	0	0.3
Total Fair Value	15.4	57.2
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0.3	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	$ 0.3	$ 0.3

Decommissioning Trust Funds (Fa

Decommissioning Trust Funds (Fair Value Of Debt Securities By Contractual Maturities) (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Fair value of debt securities by contractual maturities
Less than 1 year	$ 36	$ 128
1 year - 5 years	775	807
5 years - 10 years	743	666
10 years - 15 years	309	125
15 years - 20 years	130	126
20 years+	592	604
Total	2,585	2,456
Entergy Arkansas [Member]
Fair value of debt securities by contractual maturities
Less than 1 year	21.9	44.1
1 year - 5 years	104.2	109.1
5 years - 10 years	178.2	156
10 years - 15 years	67.9	31.3
15 years - 20 years	29.5	23.8
20 years+	39.8	48.5
Total	441.5	412.8
Entergy Louisiana [Member]
Fair value of debt securities by contractual maturities
Less than 1 year	8.4	40.7
1 year - 5 years	142.4	142
5 years - 10 years	144	132.4
10 years - 15 years	80.4	39.8
15 years - 20 years	55.4	49.2
20 years+	192.3	197.4
Total	622.9	601.5
System Energy [Member]
Fair value of debt securities by contractual maturities
Less than 1 year		8.5
1 year - 5 years	166.7	154.6
5 years - 10 years	103.4	92.3
10 years - 15 years	27.4	13.4
15 years - 20 years	6.5	14.4
20 years+	116.6	103
Total	418.8	$ 386.2
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, within One Year, Negative Fair Value	$ (1.8)

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, 2020	Dec. 31, 2015	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2020
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	$ 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
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
Subsequent Event [Member]
CARES Act Deferred Tax Expense		$ 64
CARES Act annual payroll tax installment due resulting from deferred tax payments				$ 32	$ 32
Reduction in federal uncertain tax positions						$ 400
Entergy Arkansas [Member]
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	4.8
Entergy Louisiana [Member]
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	8.6
Entergy Mississippi [Member]
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	2.7
Entergy New Orleans [Member]
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	1.5
System Energy [Member]
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	1.3
Change in accounting method for tax purposes, effect of change on taxable income			$ 1,200
Entergy Texas [Member]
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	$ 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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	$ 15	$ 61	$ 45	$ 122
Entergy Arkansas [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes		25	12	57
Addition to regulatory liability due to return of unprotected excess accumulated deferred income taxes	(1)
Entergy Louisiana [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	8	7	16	14
Entergy New Orleans [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	2	2	5	2
Entergy Texas [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	6	20	12	42
System Energy [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	$ 0	$ 7	$ 0	$ 7

Property, Plant, And Equipment

Property, Plant, And Equipment (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Construction expenditures in accounts payable	$ 281	$ 406
Entergy Arkansas [Member]
Construction expenditures in accounts payable	48.4	67.9
Entergy Louisiana [Member]
Construction expenditures in accounts payable	74.2	115.1
Entergy Mississippi [Member]
Construction expenditures in accounts payable	21.7	34.2
Entergy New Orleans [Member]
Construction expenditures in accounts payable	13.2	18.4
Entergy Texas [Member]
Construction expenditures in accounts payable	46.7	88.1
System Energy [Member]
Construction expenditures in accounts payable	$ 26.1	$ 23.2

Variable Interest Entities (Nar

Variable Interest Entities (Narrative) (Details) - System Energy [Member] - Grand Gulf [Member] - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,412,788	$ 2,666,209	$ 4,839,967	$ 5,275,792
Accounts Receivable, Allowance for Credit Loss, Current	43,281		43,281		$ 7,404
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)			38,400
Accounts Receivable, Allowance for Credit Loss, Writeoff			(8,600)
Accounts Receivable, Allowance for Credit Loss, Recovery			6,000
Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	2,190,557	2,345,727	4,241,196	4,466,751
Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	22,495	30,699	66,471	85,647
Competitive Businesses [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	199,736	289,783	532,300	723,394
Residential [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	790,869	770,373	1,588,897	1,572,911
Commercial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	526,121	595,025	1,065,061	1,149,082
Industrial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	576,203	641,733	1,133,718	1,242,734
Governmental [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	46,959	57,623	99,541	110,584
Sales for Resale [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	52,761	75,318	106,487	159,753
Other Electric [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	168,721	195,952	218,887	211,422
Non-Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	28,923	9,703	28,605	20,265
Non-Customer [Member] \| Competitive Businesses [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	24,016	9,385	140,577	82,525
Competitive Business Sales [Member] \| Competitive Businesses [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	175,720	280,398	391,723	640,869
Billed Retail [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	1,940,152	2,064,754	3,887,217	4,075,311
Customer \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	2,161,634	2,336,024	4,212,591	4,446,486
Entergy Arkansas [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	491,767	542,929	973,679	1,088,741
Accounts Receivable, Allowance for Credit Loss, Current	7,340		7,340		1,169
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)			6,300
Accounts Receivable, Allowance for Credit Loss, Writeoff			(1,800)
Accounts Receivable, Allowance for Credit Loss, Recovery			1,600
Entergy Arkansas [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	491,767	542,929	973,679	1,088,741
Entergy Arkansas [Member] \| Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Arkansas [Member] \| Residential [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	171,171	157,714	390,859	367,581
Entergy Arkansas [Member] \| Commercial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	106,104	125,555	217,349	250,133
Entergy Arkansas [Member] \| Industrial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	106,254	118,913	207,342	240,491
Entergy Arkansas [Member] \| Governmental [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	4,344	4,971	8,374	9,869
Entergy Arkansas [Member] \| Sales for Resale [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	36,956	74,501	78,096	154,085
Entergy Arkansas [Member] \| Other Electric [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	63,537	58,209	65,134	60,514
Entergy Arkansas [Member] \| Non-Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	3,401	3,066	6,525	6,068
Entergy Arkansas [Member] \| Billed Retail [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	387,873	407,153	823,924	868,074
Entergy Arkansas [Member] \| Customer \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	488,366	539,863	967,154	1,082,673
Entergy Louisiana [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	1,011,652	1,106,317	1,942,299	2,065,647
Accounts Receivable, Allowance for Credit Loss, Current	14,516		14,516		1,902
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)			14,100
Accounts Receivable, Allowance for Credit Loss, Writeoff			(3,500)
Accounts Receivable, Allowance for Credit Loss, Recovery			2,000
Entergy Louisiana [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	1,001,601	1,094,259	1,914,142	2,030,952
Entergy Louisiana [Member] \| Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	10,051	12,058	28,157	34,695
Entergy Louisiana [Member] \| Residential [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	301,105	290,366	560,965	554,431
Entergy Louisiana [Member] \| Commercial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	209,119	232,134	411,365	438,912
Entergy Louisiana [Member] \| Industrial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	335,201	384,919	657,542	731,598
Entergy Louisiana [Member] \| Governmental [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	16,781	17,925	33,535	34,817
Entergy Louisiana [Member] \| Sales for Resale [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	82,698	83,208	161,228	167,164
Entergy Louisiana [Member] \| Other Electric [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	53,104	80,307	85,113	92,746
Entergy Louisiana [Member] \| Non-Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	3,593	5,400	4,394	11,284
Entergy Louisiana [Member] \| Billed Retail [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	862,206	925,344	1,663,407	1,759,758
Entergy Louisiana [Member] \| Customer \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	998,008	1,088,859	1,909,748	2,019,668
Entergy Mississippi [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	297,954	302,737	591,876	584,981
Accounts Receivable, Allowance for Credit Loss, Current	7,195		7,195		636
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)			7,000
Accounts Receivable, Allowance for Credit Loss, Writeoff			(1,200)
Accounts Receivable, Allowance for Credit Loss, Recovery			800
Entergy Mississippi [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	297,954	302,737	591,876	584,981
Entergy Mississippi [Member] \| Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Mississippi [Member] \| Residential [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	112,361	116,801	239,463	245,610
Entergy Mississippi [Member] \| Commercial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	89,594	102,275	186,392	200,189
Entergy Mississippi [Member] \| Industrial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	35,874	38,739	72,264	76,436
Entergy Mississippi [Member] \| Governmental [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	9,798	10,521	20,125	20,557
Entergy Mississippi [Member] \| Sales for Resale [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	18,426	4,994	32,848	9,808
Entergy Mississippi [Member] \| Other Electric [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	29,393	26,982	35,836	27,387
Entergy Mississippi [Member] \| Non-Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	2,508	2,425	4,948	4,994
Entergy Mississippi [Member] \| Billed Retail [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	247,627	268,336	518,244	542,792
Entergy Mississippi [Member] \| Customer \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	295,446	300,312	586,928	579,987
Entergy New Orleans [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	147,343	175,793	296,645	338,987
Accounts Receivable, Allowance for Credit Loss, Current	8,382		8,382		3,226
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)			5,500
Accounts Receivable, Allowance for Credit Loss, Writeoff			(1,000)
Accounts Receivable, Allowance for Credit Loss, Recovery			700
Entergy New Orleans [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	134,899	157,152	258,330	288,035
Entergy New Orleans [Member] \| Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	12,444	18,641	38,315	50,952
Entergy New Orleans [Member] \| Residential [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	53,420	58,621	104,319	110,697
Entergy New Orleans [Member] \| Commercial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	36,401	53,981	81,905	99,723
Entergy New Orleans [Member] \| Industrial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	3,066	8,490	10,413	15,740
Entergy New Orleans [Member] \| Governmental [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	10,475	18,984	26,326	34,886
Entergy New Orleans [Member] \| Sales for Resale [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	8,018	8,579	18,188	18,803
Entergy New Orleans [Member] \| Other Electric [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	3,999	7,263	4,763	5,556
Entergy New Orleans [Member] \| Non-Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	19,520	1,234	12,416	2,630
Entergy New Orleans [Member] \| Billed Retail [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	103,362	140,076	222,963	261,046
Entergy New Orleans [Member] \| Customer \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	115,379	155,918	245,914	285,405
Entergy Texas [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	372,194	363,580	711,530	704,054
Accounts Receivable, Allowance for Credit Loss, Current	5,848		5,848		$ 471
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)			5,500
Accounts Receivable, Allowance for Credit Loss, Writeoff			(1,100)
Accounts Receivable, Allowance for Credit Loss, Recovery			900
Entergy Texas [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	372,194	363,580	711,530	704,054
Entergy Texas [Member] \| Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Texas [Member] \| Residential [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	152,811	146,871	293,291	294,592
Entergy Texas [Member] \| Commercial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	84,904	81,080	168,050	160,125
Entergy Texas [Member] \| Industrial [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	95,809	90,672	186,157	178,470
Entergy Texas [Member] \| Governmental [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	5,560	5,222	11,180	10,455
Entergy Texas [Member] \| Sales for Resale [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	13,187	14,772	21,815	31,548
Entergy Texas [Member] \| Other Electric [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	20,039	24,656	30,742	28,153
Entergy Texas [Member] \| Non-Customer [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	(116)	307	295	711
Entergy Texas [Member] \| Billed Retail [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	339,084	323,845	658,678	643,642
Entergy Texas [Member] \| Customer \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	372,310	363,273	711,235	703,343
System Energy [Member] \| Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 126,049	$ 139,009	$ 256,713	$ 279,113

Uncategorized Items - etr-20200

Label	Element	Value
AOCI Attributable to Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	$ (446,920,000)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(563,979,000)
Additional Paid-in Capital [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5,951,431,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6,564,436,000
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
Treasury Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(5,154,150,000)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(5,273,719,000)
Subsidiaries Preferred Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	35,000,000
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
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] \| 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] \| 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] \| 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] \| 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] \| Retained Earnings [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6,806,000
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] \| AOCI Attributable to Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
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] \| 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] \| Subsidiaries Preferred 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)