XML 53 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax $ 11,742,896 $ 10,113,636 $ 10,878,673
Operation and Maintenance:      
Fuel, fuel-related expenses, and gas purchased for resale 2,458,096 1,564,371 2,029,638
Nuclear refueling outage expenses 172,636 184,157 204,927
Operation and maintenance expense 2,968,621 3,002,626 3,272,381
Asset Impairment Charges 263,625 26,623 290,027
Decommissioning 306,411 381,861 400,802
Taxes, Other 660,290 652,840 643,745
Other Depreciation and Amortization 1,684,286 1,613,086 1,480,016
Other regulatory charges (credits) - net 111,628 14,609 (26,220)
Costs and Expenses 9,897,270 8,344,441 9,488,176
Operating income (loss) 1,845,626 1,769,195 1,390,497
OTHER INCOME      
Allowance for equity funds used during construction 70,473 119,430 144,974
Investment Income, Net 430,466 392,818 547,912
Miscellaneous - net (201,778) (210,633) (252,539)
TOTAL 299,161 301,615 440,347
INTEREST EXPENSE      
Interest expense 863,712 837,981 807,382
Allowance for borrowed funds used during construction (29,018) (52,318) (64,957)
TOTAL 834,694 785,663 742,425
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1,310,093 1,285,147 1,088,419
Income Tax Expense (Benefit) 191,374 (121,506) (169,825)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 1,118,719 1,406,653 1,258,244
Noncontrolling Interest in Net Income (Loss) Preferred Unit Holders, Redeemable 227 18,319 17,018
Net Income (Loss) Available to Common Stockholders, Basic $ 1,118,492 $ 1,388,334 $ 1,241,226
Earnings per average common share:      
Basic (in usd per share) $ 5.57 $ 6.94 $ 6.36
Diluted (in usd per share) $ 5.54 $ 6.90 $ 6.30
Basic average number of common shares outstanding 200,941,511 200,106,945 195,195,858
Diluted average number of common shares outstanding 201,873,024 201,102,220 196,999,284
Electricity [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax $ 10,873,995 $ 9,046,643 $ 9,429,978
Natural Gas, US Regulated [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 170,610 124,008 153,954
Competitive Businesses [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 698,291 942,985 1,294,741
Electricity, Purchased [Member]      
Operation and Maintenance:      
Cost of Goods and Services Sold 1,271,677 904,268 1,192,860
Entergy Arkansas [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 2,338,590 2,084,494 2,259,594
Operation and Maintenance:      
Fuel, fuel-related expenses, and gas purchased for resale 347,166 271,896 458,907
Nuclear refueling outage expenses 51,141 55,737 68,769
Operation and maintenance expense 687,418 669,518 720,217
Decommissioning 77,696 73,319 68,030
Taxes, Other 127,249 121,057 115,869
Other Depreciation and Amortization 361,479 338,029 307,351
Other regulatory charges (credits) - net (31,501) (35,310) (11,186)
Costs and Expenses 1,901,152 1,681,936 1,932,597
Operating income (loss) 437,438 402,558 326,997
OTHER INCOME      
Allowance for equity funds used during construction 15,273 15,019 15,499
Investment Income, Net 76,953 35,579 26,020
Miscellaneous - net (22,278) (21,908) (18,566)
TOTAL 69,948 28,690 22,953
INTEREST EXPENSE      
Interest expense 140,348 144,834 140,087
Allowance for borrowed funds used during construction (6,641) (6,595) (6,332)
TOTAL 133,707 138,239 133,755
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 373,679 293,009 216,195
Income Tax Expense (Benefit) 75,195 47,777 (46,769)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 298,484 245,232 262,964
Noncontrolling Interest in Net Income (Loss) Preferred Unit Holders, Redeemable (18,092) 0 0
Net Income (Loss) Available to Common Stockholders, Basic 316,576 245,232 262,964
Entergy Arkansas [Member] | Electricity [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 2,338,590 2,084,494 2,259,594
Entergy Arkansas [Member] | Natural Gas, US Regulated [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 0 0 0
Entergy Arkansas [Member] | Electricity, Purchased [Member]      
Operation and Maintenance:      
Cost of Goods and Services Sold 280,504 187,690 204,640
Entergy Louisiana [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 5,068,448 4,069,862 4,285,175
Operation and Maintenance:      
Fuel, fuel-related expenses, and gas purchased for resale 1,302,291 700,152 845,108
Nuclear refueling outage expenses 49,373 55,305 54,170
Operation and maintenance expense 1,034,427 969,630 994,637
Decommissioning 68,575 65,225 59,346
Taxes, Other 224,079 208,902 194,222
Other Depreciation and Amortization 656,132 609,931 535,791
Other regulatory charges (credits) - net 38,245 (584) (105,203)
Costs and Expenses 4,141,668 3,205,041 3,388,533
Operating income (loss) 926,780 864,821 896,642
OTHER INCOME      
Allowance for equity funds used during construction 28,648 38,151 74,023
Investment Income, Net 282,200 225,627 231,985
Miscellaneous - net (125,886) (116,366) (115,427)
TOTAL 184,962 147,412 190,581
INTEREST EXPENSE      
Interest expense 350,227 331,352 309,493
Allowance for borrowed funds used during construction (12,878) (19,147) (35,430)
TOTAL 337,349 312,205 274,063
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 774,393 700,028 813,160
Income Tax Expense (Benefit) 120,409 (382,324) 121,623
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 653,984 1,082,352 691,537
Net Income (Loss) Available to Common Stockholders, Basic 653,984 1,082,352 691,537
Entergy Louisiana [Member] | Electricity [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 4,994,459 4,019,063 4,223,027
Entergy Louisiana [Member] | Natural Gas, US Regulated [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 73,989 50,799 62,148
Entergy Louisiana [Member] | Electricity, Purchased [Member]      
Operation and Maintenance:      
Cost of Goods and Services Sold 768,546 596,480 810,462
Entergy Mississippi [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 1,406,346 1,247,854 1,323,043
Operation and Maintenance:      
Fuel, fuel-related expenses, and gas purchased for resale 181,511 187,087 277,425
Operation and maintenance expense 298,129 288,543 266,175
Taxes, Other 111,712 101,525 105,318
Other Depreciation and Amortization 226,545 209,252 170,886
Other regulatory charges (credits) - net 5,913 (15,219) 14,993
Costs and Expenses 1,121,844 1,011,659 1,119,289
Operating income (loss) 284,502 236,195 203,754
OTHER INCOME      
Allowance for equity funds used during construction 8,101 6,726 8,356
Investment Income, Net 53 272 1,412
Miscellaneous - net (8,791) (9,253) (4,478)
TOTAL (637) (2,255) 5,290
INTEREST EXPENSE      
Interest expense 75,124 68,945 61,785
Allowance for borrowed funds used during construction (3,416) (2,778) (3,532)
TOTAL 71,708 66,167 58,253
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 212,157 167,773 150,791
Income Tax Expense (Benefit) 45,323 27,190 30,866
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 166,834 140,583 119,925
Entergy Mississippi [Member] | Electricity [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 1,406,346 1,247,854 1,323,043
Entergy Mississippi [Member] | Natural Gas, US Regulated [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 0 0 0
Entergy Mississippi [Member] | Electricity, Purchased [Member]      
Operation and Maintenance:      
Cost of Goods and Services Sold 298,034 240,471 284,492
Entergy New Orleans [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 768,852 633,841 686,223
Operation and Maintenance:      
Fuel, fuel-related expenses, and gas purchased for resale 150,018 76,781 105,217
Operation and maintenance expense 145,377 125,756 121,057
Taxes, Other 53,569 57,454 55,270
Other Depreciation and Amortization 73,480 64,012 56,072
Other regulatory charges (credits) - net 13,177 1,854 21,616
Costs and Expenses 704,189 569,429 617,538
Operating income (loss) 64,663 64,412 68,685
OTHER INCOME      
Allowance for equity funds used during construction 2,371 6,339 9,941
Investment Income, Net 48 120 428
Miscellaneous - net (1,240) 316 (6,038)
TOTAL 1,179 6,775 4,331
INTEREST EXPENSE      
Interest expense 29,164 29,105 24,463
Allowance for borrowed funds used during construction (1,056) (3,049) (4,262)
TOTAL 28,108 26,056 20,201
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 37,734 45,131 52,815
Income Tax Expense (Benefit) 5,936 (4,207) 186
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 31,798 49,338 52,629
Entergy New Orleans [Member] | Electricity [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 672,231 560,632 594,417
Entergy New Orleans [Member] | Natural Gas, US Regulated [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 96,621 73,209 91,806
Entergy New Orleans [Member] | Electricity, Purchased [Member]      
Operation and Maintenance:      
Cost of Goods and Services Sold 268,568 243,572 258,306
Entergy Texas [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 1,902,511 1,587,125 1,488,955
Operation and Maintenance:      
Fuel, fuel-related expenses, and gas purchased for resale 335,742 238,428 162,544
Operation and maintenance expense 281,713 250,170 258,924
Taxes, Other 94,989 72,909 76,366
Other Depreciation and Amortization 214,838 177,738 153,286
Other regulatory charges (credits) - net 59,581 90,398 88,770
Costs and Expenses 1,575,804 1,340,276 1,342,453
Operating income (loss) 326,707 246,849 146,502
OTHER INCOME      
Allowance for equity funds used during construction 9,892 44,073 28,445
Investment Income, Net 837 1,201 3,072
Miscellaneous - net 721 (28) 546
TOTAL 11,450 45,246 32,063
INTEREST EXPENSE      
Interest expense 87,787 92,920 86,333
Allowance for borrowed funds used during construction (3,980) (18,940) (13,269)
TOTAL 83,807 73,980 73,064
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 254,350 218,115 105,501
Income Tax Expense (Benefit) 25,526 3,042 (53,896)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 228,824 215,073 159,397
Noncontrolling Interest in Net Income (Loss) Preferred Unit Holders, Redeemable 1,909 1,882 580
Net Income (Loss) Available to Common Stockholders, Basic 226,915 213,191 158,817
Entergy Texas [Member] | Electricity [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 1,902,511 1,587,125 1,488,955
Entergy Texas [Member] | Natural Gas, US Regulated [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 0 0 0
Entergy Texas [Member] | Electricity, Purchased [Member]      
Operation and Maintenance:      
Cost of Goods and Services Sold 588,941 510,633 602,563
System Energy [Member]      
Operation and Maintenance:      
Fuel, fuel-related expenses, and gas purchased for resale 58,313 23,026 82,438
Nuclear refueling outage expenses 27,244 27,737 33,376
Operation and maintenance expense 214,322 178,249 206,444
Decommissioning 38,693 37,181 35,729
Taxes, Other 27,842 28,657 29,018
Other Depreciation and Amortization 105,978 110,395 106,630
Other regulatory charges (credits) - net 26,214 (26,531) (35,210)
Costs and Expenses 498,606 378,714 458,425
Operating income (loss) 72,242 116,744 114,985
OTHER INCOME      
Allowance for equity funds used during construction 6,188 9,122 8,709
Investment Income, Net 82,744 36,478 29,488
Miscellaneous - net (18,991) (10,012) (5,516)
TOTAL 69,941 35,588 32,681
INTEREST EXPENSE      
Interest expense 38,393 34,467 35,328
Allowance for borrowed funds used during construction (1,047) (1,809) (2,131)
TOTAL 37,346 32,658 33,197
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 104,837 119,674 114,469
Income Tax Expense (Benefit) (1,977) 20,543 15,349
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 106,814 99,131 99,120
Net Income (Loss) Available to Common Stockholders, Basic 106,814 99,131 99,120
System Energy [Member] | Electricity [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax $ 570,848 $ 495,458 $ 573,410