Business Segment Information (Tables) - Entergy Corporation [Member]

9 Months Ended

Sep. 30, 2021

Entergy’s segment financial information for the third quarters of 2021 and 2020 were as follows:



	Utility	Entergy Wholesale Commodities	All Other	Eliminations	Entergy
	(In Thousands)
2021
Operating revenues	$3,191,240	$162,275	$24	($7)	$3,353,532
Income taxes	$159,472	$8,836	($10,026)	$—	$158,282
Consolidated net income (loss)	$574,399	$26,064	($32,982)	($31,898)	$535,583

2020
Operating revenues	$2,689,186	$214,371	$25	($14)	$2,903,568
Income taxes	$143,622	$12,321	($6,499)	$—	$149,444
Consolidated net income (loss)	$555,583	$30,773	($28,758)	($31,899)	$525,699

Entergy’s segment financial information for the nine months ended September 30, 2021 and 2020 were as follows:


	Utility	Entergy Wholesale Commodities	All Other	Eliminations	Consolidated
	(In Thousands)
2021
Operating revenues	$8,461,241	$559,150	$77	($28)	$9,020,440
Income taxes	$290,566	($47,299)	($37,459)	$—	$205,808
Consolidated net income (loss)	$1,264,933	($210,460)	($85,445)	($95,695)	$873,333
Total assets as of September 30, 2021	$58,948,010	$1,238,200	$698,699	($2,041,410)	$58,843,499
2020
Operating revenues	$6,996,876	$746,629	$54	($25)	$7,743,534
Income taxes	$164,383	$6,249	($3,266)	$—	$167,366
Consolidated net income (loss)	$1,228,333	$5,523	($124,056)	($95,695)	$1,014,105
Total assets as of December 31, 2020	$55,940,153	$3,800,378	$552,632	($2,053,951)	$58,239,212

The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment.

Restructuring and Related Costs [Table Text Block]

Total restructuring charges for the third quarters of 2021 and 2020 were comprised of the following:



	2021			2020
	Employee retention and severance expenses and other benefits-related costs	Contracted economic development costs	Total	Employee retention and severance expenses and other benefits-related costs	Contracted economic development costs	Total
	(In Millions)
Balance as of July 1,	$33	$—	$33	$153	$14	$167
Restructuring costs accrued	2	—	2	19	—	19

Cash paid out	—	—	—	1	—	1
Balance as of September 30,	$35	$—	$35	$171	$14	$185

In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 of impairment and other related charges associated with these strategic decisions and transactions. No charges were incurred in the third quarter 2021.

Total restructuring charges for the nine months ended September 30, 2021 and 2020 were comprised of the following:


	2021			2020
	Employee retention and severance expenses and other benefits-related costs	Contracted economic development costs	Total	Employee retention and severance expenses and other benefits-related costs	Contracted economic development costs	Total
	(In Millions)
Balance as of January 1,	$145	$14	$159	$129	$14	$143
Restructuring costs accrued	9	1	10	57	—	57
Cash paid out	119	15	134	15	—	15
Balance as of September 30,	$35	$—	$35	$171	$14	$185

In addition, Entergy Wholesale Commodities incurred $345 million in the nine months ended September 30, 2021 and $16 million in the nine months ended September 30, 2020 of impairment and other related charges associated with these strategic decisions and transactions.