Equity

9 Months Ended

Sep. 30, 2011

Equity [Abstract]

EQUITY

NOTE 3. EQUITY (Entergy Corporation, Entergy Gulf States Louisiana, and Entergy Louisiana)

Common Stock

Earnings per Share

     The following tables present Entergy’s basic and diluted earnings per share calculations included on the consolidated income statement:

	For the Three Months Ended September 30,
	2011							2010
			(In Millions, Except Per Share Data)
	Income		Shares		$/share			Income		Shares		$/share
Basic earnings per share
Net income attributable to Entergy Corporation	$	628.1		177.0	$	3.55		$	492.9		186.0	$	2.65
Average dilutive effect of:
Stock options		—		0.7		(0.02	)		—		1.8		(0.03	)
Diluted earnings per share	$	628.1		177.7	$	3.53		$	492.9		187.8	$	2.62

	For the Nine Months Ended September 30,
	2011							2010
	(In Millions, Except Per Share Data)
	Income		Shares		$/share			Income		Shares		$/share
Basic earnings per share
Net income attributable to Entergy Corporation	$	1,192.3		177.9	$	6.70		$	1,022.0		188.0	$	5.44
Average dilutive effect of:
Stock options		—		0.9		(0.03	)		—		1.9		(0.06	)
Diluted earnings per share	$	1,192.3		178.8	$	6.67		$	1,022.0		189.9	$	5.38

     Entergy’s stock options and other equity compensation plans are discussed in Note 5 herein, and in Note 12 to the financial statements in the Form 10-K.

Treasury Stock

     During the nine months ended September 30, 2011, Entergy Corporation issued 804,801 shares of its previously repurchased common stock to satisfy stock option exercises and other stock-based awards. Also during the nine months ended September 30, 2011, Entergy Corporation repurchased 3,475,000 shares of its common stock for a total purchase price of $234.6 million.

Retained Earnings

      On October 28, 2011 Entergy Corporation’s Board of Directors declared a common stock dividend of $0.83 per share, payable on December 1, 2011 to holders of record as of November 10, 2011.

Comprehensive Income

     Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana. Accumulated other comprehensive loss in the balance sheets included the following components:

							Entergy						Entergy
	Entergy						Gulf States Louisiana						Louisiana
	September 30,			December 31,			September 30,			December 31,			September 30,			December 31,
	2011			2010			2011			2010			2011			2010
							(In Thousands)
Cash flow hedges net unrealized gain	$	21,937		$	106,258		$	—		$	—		$	—		$	—
Pension and other postretirement liabilities		(267,211	)		(276,466	)		(38,589	)		(40,304	)		(23,495	)		(24,962	)
Net unrealized investment gains		104,207			129,685			—			—			—			—
Foreign currency translation		2,730			2,311			—			—			—			—
Total		($138,337	)		($38,212	)		($38,589	)		($40,304	)		($23,495	)		($24,962	)

     Other comprehensive income and total comprehensive income for the nine months ended September 30, 2011 and 2010 are presented in Entergy’s, Entergy Gulf States Louisiana’s, and Entergy Louisiana’s Statements of Changes in Equity and Comprehensive Income. Other comprehensive income and total comprehensive income, for the three months ended September 30, 2011 and 2010, are (all of the components of other comprehensive income are attributable to common equity):

	Entergy
Three Months Ended September 30,	2011			2010
	(In Thousands)
Consolidated net income	$	633,069		$	497,901
Other comprehensive income
Cash flow hedges net unrealized gain (loss) (a)		(12,597	)		53,840
Pension and other postretirement liabilities (b)		2,657			1,001
Net unrealized investment gain (loss) (c)		(53,349	)		48,280
Foreign currency translation (d)		108			510
Total	$	569,888		$	601,532

(a)	Net of tax expense (benefit) of ($9,041) and $32,466, respectively.
(b)	Net of tax expense of $1,647 and $2,236, respectively.
(c)	Net of tax expense (benefit) of ($52,740) and $44,499, respectively.
(d)	Net of tax expense of $59 and $275, respectively.

	Entergy				Entergy
	Gulf States Louisiana				Louisiana
Three Months Ended September 30,	2011		2010		2011		2010
			(In Thousands)
Net income	$	51,946	$	76,939	$	337,722	$	94,320
Other comprehensive income
Pension and other postretirement liabilities (e)		486		516		366		444
Total	$	52,432	$	77,455	$	338,088	$	94,764

(e) Net of tax expense of $507, $508, $366, and $378, respectively.