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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; letter-spacing: -0.1pt; font-size: 11pt;" class="MsoBodyText3"&gt;&lt;b&gt;NOTE 12.&lt;font class="_mt"&gt; &lt;/font&gt;VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)&lt;/b&gt;&lt;/p&gt;

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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; See Note 18 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 facility and commercial paper borrowings and long-term debt.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Entergy Louisiana and System Energy are each considered to hold a variable interest in the lessors from which they lease, respectively, undivided interests representing approximately &lt;font class="_mt"&gt;9.3&lt;/font&gt;% of the Waterford 3 and &lt;font class="_mt"&gt;11.5&lt;/font&gt;% of the Grand Gulf nuclear plants.&amp;nbsp; Entergy Louisiana and System Energy are the lessees under these arrangements, which are described in more detail in Note 10 to the financial statements in the Form 10-K.&amp;nbsp; Entergy Louisiana made payments on its lease, including interest, of $&lt;font class="_mt"&gt;18.5&lt;/font&gt;&lt;font style="color: red;" class="_mt"&gt; &lt;/font&gt;million and $&lt;font class="_mt"&gt;26.8 &lt;/font&gt;million in the six months ended June 30, 2013 and 2012, respectively.&amp;nbsp; System Energy made payments on its lease, including interest, of $&lt;font class="_mt"&gt;46.8&lt;/font&gt; million and $&lt;font class="_mt"&gt;48.1&lt;/font&gt; million in the six months ended June 30, 2013 and 2012, respectively.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/div&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Variable interest entities.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Variable Interest Entities</Label></Row><Row FlagID="0"><Id>2</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; letter-spacing: -0.1pt; font-size: 11pt;" class="MsoBodyText3"&gt;&lt;b&gt;NOTE 12.&lt;font class="_mt"&gt; &lt;/font&gt;VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)&lt;/b&gt;&lt;/p&gt;

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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; See Note 18 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 facility and commercial paper borrowings and long-term debt.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; letter-spacing: -0.1pt; font-size: 11pt;" class="MsoBodyText3"&gt;&lt;b&gt;NOTE 12.&lt;font class="_mt"&gt; &lt;/font&gt;VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)&lt;/b&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;
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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; See Note 18 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 facility and commercial paper borrowings and long-term debt.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Entergy Louisiana and System Energy are each considered to hold a variable interest in the lessors from which they lease, respectively, undivided interests representing approximately &lt;font class="_mt"&gt;9.3&lt;/font&gt;% of the Waterford 3 and &lt;font class="_mt"&gt;11.5&lt;/font&gt;% of the Grand Gulf nuclear plants.&amp;nbsp; Entergy Louisiana and System Energy are the lessees under these arrangements, which are described in more detail in Note 10 to the financial statements in the Form 10-K.&amp;nbsp; Entergy Louisiana made payments on its lease, including interest, of $&lt;font class="_mt"&gt;18.5&lt;/font&gt;&lt;font style="color: red;" class="_mt"&gt; &lt;/font&gt;million and $&lt;font class="_mt"&gt;26.8 &lt;/font&gt;million in the six months ended June 30, 2013 and 2012, respectively.&amp;nbsp; System Energy made payments on its lease, including interest, of $&lt;font class="_mt"&gt;46.8&lt;/font&gt; million and $&lt;font class="_mt"&gt;48.1&lt;/font&gt; million in the six months ended June 30, 2013 and 2012, respectively.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/div&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Variable interest entities.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Variable Interest Entities</Label></Row><Row FlagID="0"><Id>6</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; letter-spacing: -0.1pt; font-size: 11pt;" class="MsoBodyText3"&gt;&lt;b&gt;NOTE 12.&lt;font class="_mt"&gt; &lt;/font&gt;VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)&lt;/b&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;
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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; See Note 18 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 facility and commercial paper borrowings and long-term debt.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Entergy Louisiana and System Energy are each considered to hold a variable interest in the lessors from which they lease, respectively, undivided interests representing approximately &lt;font class="_mt"&gt;9.3&lt;/font&gt;% of the Waterford 3 and &lt;font class="_mt"&gt;11.5&lt;/font&gt;% of the Grand Gulf nuclear plants.&amp;nbsp; Entergy Louisiana and System Energy are the lessees under these arrangements, which are described in more detail in Note 10 to the financial statements in the Form 10-K.&amp;nbsp; Entergy Louisiana made payments on its lease, including interest, of $&lt;font class="_mt"&gt;18.5&lt;/font&gt;&lt;font style="color: red;" class="_mt"&gt; &lt;/font&gt;million and $&lt;font class="_mt"&gt;26.8 &lt;/font&gt;million in the six months ended June 30, 2013 and 2012, respectively.&amp;nbsp; System Energy made payments on its lease, including interest, of $&lt;font class="_mt"&gt;46.8&lt;/font&gt; million and $&lt;font class="_mt"&gt;48.1&lt;/font&gt; million in the six months ended June 30, 2013 and 2012, respectively.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/div&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Variable interest entities.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Variable Interest Entities</Label></Row><Row FlagID="0"><Id>8</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; letter-spacing: -0.1pt; font-size: 11pt;" class="MsoBodyText3"&gt;&lt;b&gt;NOTE 12.&lt;font class="_mt"&gt; &lt;/font&gt;VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)&lt;/b&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;
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&lt;div&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; See Note 18 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 facility and commercial paper borrowings and long-term debt.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Entergy Louisiana and System Energy are each considered to hold a variable interest in the lessors from which they lease, respectively, undivided interests representing approximately &lt;font class="_mt"&gt;9.3&lt;/font&gt;% of the Waterford 3 and &lt;font class="_mt"&gt;11.5&lt;/font&gt;% of the Grand Gulf nuclear plants.&amp;nbsp; Entergy Louisiana and System Energy are the lessees under these arrangements, which are described in more detail in Note 10 to the financial statements in the Form 10-K.&amp;nbsp; Entergy Louisiana made payments on its lease, including interest, of $&lt;font class="_mt"&gt;18.5&lt;/font&gt;&lt;font style="color: red;" class="_mt"&gt; &lt;/font&gt;million and $&lt;font class="_mt"&gt;26.8 &lt;/font&gt;million in the six months ended June 30, 2013 and 2012, respectively.&amp;nbsp; System Energy made payments on its lease, including interest, of $&lt;font class="_mt"&gt;46.8&lt;/font&gt; million and $&lt;font class="_mt"&gt;48.1&lt;/font&gt; million in the six months ended June 30, 2013 and 2012, respectively.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/div&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Variable interest entities.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Variable Interest Entities</Label></Row><Row FlagID="0"><Id>10</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

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</LabelSeparator><CurrencyCode /><FootnoteIndexer /><hasSegments>true</hasSegments><hasScenarios>false</hasScenarios><MCU><KeyName /><CurrencySymbol /><contextRef><ContextID>Duration_1_1_2013_To_6_30_2013_dei_LegalEntityAxis_etr_EntergyNewOrleansMember</ContextID><EntitySchema>http://www.sec.gov/CIK</EntitySchema><EntityValue>0000065984</EntityValue><PeriodDisplayName /><PeriodType>duration</PeriodType><PeriodStartDate>2013-01-01T00:00:00</PeriodStartDate><PeriodEndDate>2013-06-30T00:00:00</PeriodEndDate><Segments><anyType xsi:type="Segment"><IsDefaultForEntity>false</IsDefaultForEntity><Name /><IsFromEntityGroup>false</IsFromEntityGroup><ValueName>Entergy New Orleans</ValueName><ValueType>dei_LegalEntityAxis</ValueType><Namespace>xbrldi</Namespace><Schema>http://xbrl.org/2006/xbrldi</Schema><DimensionInfo><Id>etr_EntergyNewOrleansMember</Id><dimensionId>dei_LegalEntityAxis</dimensionId><type>explicitMember</type></DimensionInfo></anyType></Segments><Scenarios /></contextRef><UPS /><CurrencyCode /><OriginalCurrencyCode /></MCU><CurrencySymbol /><Labels><Label Key="dei_LegalEntityAxis:etr_EntergyNewOrleansMember" Id="0" Label="Entergy New Orleans" /><Label Key="Calendar" Id="1" Label="1/1/2013 - 6/30/2013" /></Labels></OriginalInstanceReportColumn><ElementDataType>na</ElementDataType><SimpleDataType>na</SimpleDataType><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Entergy New Orleans</Label></Row><Row FlagID="0"><Id>11</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; letter-spacing: -0.1pt; font-size: 11pt;" class="MsoBodyText3"&gt;&lt;b&gt;NOTE 12.&lt;font class="_mt"&gt; &lt;/font&gt;VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)&lt;/b&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;
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&lt;div&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; See Note 18 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 facility and commercial paper borrowings and long-term debt.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Entergy Louisiana and System Energy are each considered to hold a variable interest in the lessors from which they lease, respectively, undivided interests representing approximately &lt;font class="_mt"&gt;9.3&lt;/font&gt;% of the Waterford 3 and &lt;font class="_mt"&gt;11.5&lt;/font&gt;% of the Grand Gulf nuclear plants.&amp;nbsp; Entergy Louisiana and System Energy are the lessees under these arrangements, which are described in more detail in Note 10 to the financial statements in the Form 10-K.&amp;nbsp; Entergy Louisiana made payments on its lease, including interest, of $&lt;font class="_mt"&gt;18.5&lt;/font&gt;&lt;font style="color: red;" class="_mt"&gt; &lt;/font&gt;million and $&lt;font class="_mt"&gt;26.8 &lt;/font&gt;million in the six months ended June 30, 2013 and 2012, respectively.&amp;nbsp; System Energy made payments on its lease, including interest, of $&lt;font class="_mt"&gt;46.8&lt;/font&gt; million and $&lt;font class="_mt"&gt;48.1&lt;/font&gt; million in the six months ended June 30, 2013 and 2012, respectively.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/div&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Variable interest entities.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Variable Interest Entities</Label></Row><Row FlagID="0"><Id>12</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; letter-spacing: -0.1pt; font-size: 11pt;" class="MsoBodyText3"&gt;&lt;b&gt;NOTE 12.&lt;font class="_mt"&gt; &lt;/font&gt;VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)&lt;/b&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;
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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; See Note 18 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 facility and commercial paper borrowings and long-term debt.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; letter-spacing: -0.1pt; font-size: 11pt;" class="MsoBodyText3"&gt;&lt;b&gt;NOTE 12.&lt;font class="_mt"&gt; &lt;/font&gt;VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)&lt;/b&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;
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&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; See Note 18 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 facility and commercial paper borrowings and long-term debt.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Courier New'; font-size: 12pt;" class="MsoNormal"&gt;&lt;font style="font-family: 'Times New Roman','serif'; font-size: 11pt;" class="_mt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Entergy Louisiana and System Energy are each considered to hold a variable interest in the lessors from which they lease, respectively, undivided interests representing approximately &lt;font class="_mt"&gt;9.3&lt;/font&gt;% of the Waterford 3 and &lt;font class="_mt"&gt;11.5&lt;/font&gt;% of the Grand Gulf nuclear plants.&amp;nbsp; Entergy Louisiana and System Energy are the lessees under these arrangements, which are described in more detail in Note 10 to the financial statements in the Form 10-K.&amp;nbsp; Entergy Louisiana made payments on its lease, including interest, of $&lt;font class="_mt"&gt;18.5&lt;/font&gt;&lt;font style="color: red;" class="_mt"&gt; &lt;/font&gt;million and $&lt;font class="_mt"&gt;26.8 &lt;/font&gt;million in the six months ended June 30, 2013 and 2012, respectively.&amp;nbsp; System Energy made payments on its lease, including interest, of $&lt;font class="_mt"&gt;46.8&lt;/font&gt; million and $&lt;font class="_mt"&gt;48.1&lt;/font&gt; million in the six months ended June 30, 2013 and 2012, respectively.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/div&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Variable interest entities.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Variable Interest Entities</Label></Row></Rows><Footnotes /><IsEquityReport>false</IsEquityReport><ReportName>Variable Interest Entities</ReportName><MonetaryRoundingLevel>UnKnown</MonetaryRoundingLevel><SharesRoundingLevel>UnKnown</SharesRoundingLevel><PerShareRoundingLevel>UnKnown</PerShareRoundingLevel><ExchangeRateRoundingLevel>UnKnown</ExchangeRateRoundingLevel><HasCustomUnits>true</HasCustomUnits><IsEmbedReport>false</IsEmbedReport><IsMultiCurrency>false</IsMultiCurrency><ReportType>Sheet</ReportType><RoleURI>http://entergy.com/role/DisclosureVariableInterestEntities</RoleURI><NumberOfCols>1</NumberOfCols><NumberOfRows>15</NumberOfRows></InstanceReport>
