XML 56 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
OPERATING ACTIVITIES      
Consolidated net income $ 1,118,719 $ 1,406,653 $ 1,258,244
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 2,242,944 2,257,750 2,182,313
Deferred income taxes, investment tax credits, and non-current taxes accrued 248,719 (131,114) 193,950
Asset Write-Offs, Impairments, And Related Charges 263,599 26,379 226,678
Changes in working capital:      
Receivables (84,629) (139,296) (101,227)
Fuel inventory 18,359 (27,458) (28,173)
Accounts payable 269,797 137,457 (71,898)
Taxes accrued (21,183) 207,556 (20,784)
Interest accrued (10,640) 7,662 937
Deferred fuel costs (466,050) (49,484) 172,146
Other working capital accounts (53,883) (143,451) (3,108)
Changes in provisions for estimated losses (85,713) (291,193) 19,914
Increase (Decrease) in Other Regulatory Assets 536,707 784,494 545,559
Increase (Decrease) in Regulatory Liabilities 43,631 238,669 (14,781)
Changes in pension and other postretirement liabilities (897,167) 50,379 187,124
Other (250,917) 76,149 639,149
Net cash flow provided by operating activities 2,300,713 2,689,866 2,816,627
INVESTING ACTIVITIES      
Construction/capital expenditures (6,087,296) (4,694,076) (4,197,667)
Allowance for equity funds used during construction 70,473 119,430 144,862
Nuclear fuel purchases (166,512) (215,664) (128,366)
Payment for purchase of plant or assets (168,304) (247,121) (305,472)
Net proceeds from sale of assets 17,421 0 28,932
Proceeds from insurance 0 0 7,040
Changes in securitization account 13,669 5,099 3,298
Payments To Storm Reserve Escrow Account (25) (2,273) (8,038)
Receipts from storm reserve escrow account 83,105 297,588 0
Decrease (increase) in other investments 2,343 (12,755) 30,319
Litigation proceeds for reimbursement of spent nuclear fuel storage costs 49,236 72,711 2,369
Proceeds from nuclear decommissioning trust fund sales 5,553,629 3,107,812 4,121,351
Investment in nuclear decommissioning trust funds (5,547,015) (3,203,057) (4,208,870)
Net cash flow used in investing activities (6,179,276) (4,772,306) (4,510,242)
Proceeds from the issuance of:      
Long-term debt 8,308,427 12,619,201 9,304,396
Preferred stock of subsidiary 0 0 33,188
Common stock and treasury stock 5,977 42,600 93,862
Proceeds from Issuance of Common Stock 200,776 0 607,650
Retirement of long-term debt (4,827,827) (8,152,378) (7,619,380)
Payments for Repurchase of Preferred Stock and Preference Stock 0 0 50,000
Changes in credit borrowings and commercial paper - net 426,312 319,238 (4,389)
Other 43,221 (7,524) (7,732)
Dividends paid:      
Common stock (775,122) (748,342) (711,573)
Preferred stock (18,319) (18,502) (16,438)
Net cash flow provided by financing activities 2,562,023 3,415,817 1,638,362
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (1,316,540) 1,333,377 (55,253)
Cash and cash equivalents at beginning of period 1,759,099 425,722 480,975
Cash and cash equivalents at end of period 442,559 1,759,099 425,722
Cash paid (received) during the period for:      
Interest - net of amount capitalized 843,228 803,923 778,209
Income taxes 98,377 (31,228) (40,435)
Proceeds from Noncontrolling Interests 51,202 0 0
Entergy Arkansas [Member]      
OPERATING ACTIVITIES      
Consolidated net income 298,484 245,232 262,964
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 503,539 490,457 465,299
Deferred income taxes, investment tax credits, and non-current taxes accrued 100,459 87,019 94,368
Changes in working capital:      
Receivables 17,682 (24,507) (58,077)
Fuel inventory (7,081) (10,066) (10,597)
Accounts payable 27,967 (22,773) 3,059
Taxes accrued 7,753 6 24,942
Interest accrued (5,637) (43) 3,895
Deferred fuel costs (162,458) (1,186) 72,560
Other working capital accounts (53,343) (11,061) 18,783
Changes in provisions for estimated losses 6,915 6,289 14,901
Increase (Decrease) in Other Regulatory Assets (142,706) 165,534 131,873
Increase (Decrease) in Regulatory Liabilities 21,066 106,878 39,293
Changes in pension and other postretirement liabilities (175,863) 42,576 5,831
Other 172,973 83,469 127,582
Net cash flow provided by operating activities 549,216 659,818 677,766
INVESTING ACTIVITIES      
Construction/capital expenditures (722,628) (775,595) (641,525)
Allowance for equity funds used during construction 15,273 15,019 15,306
Nuclear fuel purchases (84,302) (100,678) (54,344)
Payment for purchase of plant or assets (131,770) (5,988) 0
Decrease (increase) in other investments 0 4,036 630
Litigation proceeds for reimbursement of spent nuclear fuel storage costs 0 55,001 0
Proceeds from nuclear decommissioning trust fund sales 530,628 321,360 317,377
Investment in nuclear decommissioning trust funds (524,783) (336,392) (336,519)
Net cash flow used in investing activities (898,193) (795,709) (676,293)
Proceeds from the issuance of:      
Long-term debt 719,284 1,071,121 834,038
Retirement of long-term debt (728,917) (632,175) (548,952)
Other 38,291 2,188 (7,055)
Dividends paid:      
Common stock (50,000) (95,000) (115,000)
Net cash flow provided by financing activities 169,764 324,500 1,927
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (179,213) 188,609 3,400
Cash and cash equivalents at beginning of period 192,128 3,519 119
Cash and cash equivalents at end of period 12,915 192,128 3,519
Cash paid (received) during the period for:      
Interest - net of amount capitalized 143,561 140,735 131,134
Income taxes (18,933) (21,971) (33,989)
Proceeds from sale of nuclear fuel 16,279 30,638 22,782
Change in money pool receivable - net 3,110 (3,110) 0
Proceeds from Noncontrolling Interests 51,202 0 0
Change in money pool payable - net 139,904 (21,634) (161,104)
Entergy Louisiana [Member]      
OPERATING ACTIVITIES      
Consolidated net income 653,984 1,082,352 691,537
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 818,389 783,616 685,062
Deferred income taxes, investment tax credits, and non-current taxes accrued 175,700 (356,256) 196,533
Changes in working capital:      
Receivables (58,466) (79,451) 13,942
Fuel inventory 7,722 (9,067) (7,195)
Accounts payable 358,536 160,659 (33,375)
Taxes accrued 21,631 50,576 (38,827)
Interest accrued 803 4,505 4,294
Deferred fuel costs (43,124) (57,895) 24,234
Other working capital accounts (45,517) (76,284) (62,536)
Changes in provisions for estimated losses (449) (295,480) 9,664
Increase (Decrease) in Other Regulatory Assets 1,050,600 410,855 210,134
Increase (Decrease) in Regulatory Liabilities (16,478) 71,698 (35,881)
Changes in pension and other postretirement liabilities (164,263) 12,199 35,162
Other (394,658) (192,669) 36,478
Net cash flow provided by operating activities 1,052,526 1,072,986 1,236,002
INVESTING ACTIVITIES      
Construction/capital expenditures (3,621,775) (1,960,787) (1,673,194)
Allowance for equity funds used during construction 28,648 38,151 74,023
Nuclear fuel purchases (85,419) (92,831) (85,984)
Net proceeds from sale of assets 15,000 0 0
Payments for (Proceeds from) Productive Assets 0 (236,999) 0
Proceeds from insurance 0 0 7,040
Payment For Proceed From Other Investing Activities 8,691 5,090 2,369
Changes in securitization account 2,700 951 (32)
Payments To Storm Reserve Escrow Account 0 (1,488) (6,353)
Receipts from storm reserve escrow account 0 297,363 0
Proceeds from nuclear decommissioning trust fund sales 944,703 347,021 412,559
Investment in nuclear decommissioning trust funds (1,004,888) (372,227) (442,501)
Net cash flow used in investing activities (3,700,199) (1,944,671) (1,653,634)
Proceeds from the issuance of:      
Long-term debt 3,769,166 3,675,083 2,691,133
Retirement of long-term debt (1,895,091) (1,962,635) (2,199,053)
Other (849) (10,423) 9,368
Dividends paid:      
Common stock (60,000) (21,500) (208,000)
Net cash flow provided by financing activities 1,938,226 1,597,699 376,274
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (709,447) 726,014 (41,358)
Cash and cash equivalents at beginning of period 728,020 2,006 43,364
Cash and cash equivalents at end of period 18,573 728,020 2,006
Cash paid (received) during the period for:      
Interest - net of amount capitalized 337,926 318,352 296,842
Income taxes (18,453) (14,714) 15,272
Proceeds from sale of nuclear fuel 13,254 44,511 11,596
Change in money pool receivable - net (1,113) (13,426) 46,843
Proceeds from Contributions from Parent 125,000 0 0
Change in money pool payable - net 0 (82,826) 82,826
Entergy Mississippi [Member]      
OPERATING ACTIVITIES      
Consolidated net income 166,834 140,583 119,925
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 226,545 209,252 170,886
Deferred income taxes, investment tax credits, and non-current taxes accrued 64,868 36,827 32,547
Changes in working capital:      
Receivables 10,260 (1,889) (17,245)
Fuel inventory 6,806 (1,978) (3,208)
Accounts payable 27,068 22,794 (226)
Taxes accrued (1,811) 17,423 13,109
Interest accrued (3,606) 1,989 (1,331)
Deferred fuel costs (136,569) (55,711) 78,418
Other working capital accounts (9,522) 630 (5,557)
Changes in provisions for estimated losses (8,476) (3,517) (1,121)
Increase (Decrease) in Other Regulatory Assets (4,909) 89,369 34,923
Increase (Decrease) in Regulatory Liabilities 21,930 (18,672) (21,524)
Changes in pension and other postretirement liabilities (51,828) 11,319 6,534
Other (33,552) (30,633) (3,668)
Net cash flow provided by operating activities 350,960 300,314 339,952
INVESTING ACTIVITIES      
Construction/capital expenditures (654,352) (555,287) (432,600)
Allowance for equity funds used during construction 8,101 6,726 8,356
Payments for (Proceeds from) Productive Assets 0 (28,612) (305,472)
Decrease (increase) in other investments 53 1,719 (655)
Net cash flow used in investing activities (686,654) (530,762) (733,684)
Proceeds from the issuance of:      
Long-term debt 398,284 165,385 437,153
Retirement of long-term debt 0 0 (150,000)
Other 1,535 6,964 (8,774)
Dividends paid:      
Common stock 0 (10,000) 0
Net cash flow provided by financing activities 383,303 178,865 408,379
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 47,609 (51,583) 14,647
Cash and cash equivalents at beginning of period 18 51,601 36,954
Cash and cash equivalents at end of period 47,627 18 51,601
Cash paid (received) during the period for:      
Interest - net of amount capitalized 76,245 64,536 60,533
Income taxes (19,672) (8,084) (12,204)
Change in money pool receivable - net (40,456) 44,692 (3,313)
Proceeds from Contributions from Parent 0 0 130,000
Change in money pool payable - net (16,516) 16,516 0
Entergy New Orleans [Member]      
OPERATING ACTIVITIES      
Consolidated net income 31,798 49,338 52,629
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 73,480 64,012 56,072
Deferred income taxes, investment tax credits, and non-current taxes accrued 12,573 3,938 21,350
Changes in working capital:      
Receivables (42,612) (12,003) (9,372)
Fuel inventory (967) (58) (387)
Accounts payable 22,457 5,582 (5,571)
Taxes accrued (315) 398 234
Interest accrued (104) 1,179 550
Deferred fuel costs 9,737 (7,048) 3,630
Other working capital accounts (3,233) (13,156) 5,021
Changes in provisions for estimated losses (83,569) 1,356 1,948
Increase (Decrease) in Other Regulatory Assets (18,173) 7,427 29,567
Increase (Decrease) in Regulatory Liabilities 4,985 (4,728) (22,105)
Changes in pension and other postretirement liabilities (32,144) (14,063) (14,624)
Other (68,549) 3,296 (55,796)
Net cash flow provided by operating activities 78,808 64,024 115,604
INVESTING ACTIVITIES      
Construction/capital expenditures (220,284) (228,983) (229,560)
Allowance for equity funds used during construction 2,371 6,339 9,941
Payments to Acquire Buildings 0 (1,584) 0
Changes in securitization account 1,365 (1,375) 236
Payments To Storm Reserve Escrow Account (7) (433) (1,752)
Receipts from storm reserve escrow account 83,045 0 0
Net cash flow used in investing activities (169,920) (220,845) (204,310)
Proceeds from the issuance of:      
Long-term debt 183,403 138,925 113,876
Retirement of long-term debt (36,873) (56,593) (35,376)
Other (774) 146 (1,475)
Dividends paid:      
Net cash flow provided by financing activities 133,948 150,830 75,046
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 42,836 (5,991) (13,660)
Repayment of long-term payable due to Entergy Louisiana (1,618) (1,838) (1,979)
Cash and cash equivalents at beginning of period 26 6,017 19,677
Cash and cash equivalents at end of period 42,862 26 6,017
Cash paid (received) during the period for:      
Interest - net of amount capitalized 28,009 26,673 22,873
Income taxes (3,839) 3,392 (5,310)
Change in money pool receivable - net (36,410) 5,191 16,825
Proceeds from Contributions from Parent 0 60,000 0
Change in money pool payable - net (10,190) 10,190 0
Entergy Texas [Member]      
OPERATING ACTIVITIES      
Consolidated net income 228,824 215,073 159,397
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 214,838 177,738 153,286
Deferred income taxes, investment tax credits, and non-current taxes accrued 48,813 36,033 20,143
Changes in working capital:      
Receivables (16,455) (30,082) 58,445
Fuel inventory 10,819 (5,938) (4,926)
Accounts payable (5,718) (23,692) (33,646)
Taxes accrued (3,420) 2,730 (3,805)
Interest accrued (1,854) 1,864 (5,363)
Deferred fuel costs (133,636) 72,355 (6,696)
Other working capital accounts (12,105) (11,837) (13,822)
Changes in provisions for estimated losses (140) 274 (5,748)
Increase (Decrease) in Other Regulatory Assets (103,380) 12,065 (85,400)
Increase (Decrease) in Regulatory Liabilities (28,747) (57,477) (105,517)
Changes in pension and other postretirement liabilities (42,502) (28,825) (7,152)
Other 5,164 (39,174) 3,257
Net cash flow provided by operating activities 356,933 375,325 286,739
INVESTING ACTIVITIES      
Construction/capital expenditures (702,754) (895,857) (898,090)
Allowance for equity funds used during construction 9,892 44,073 28,526
Payments to Acquire Buildings (36,534) (4,931) 0
Net proceeds from sale of assets 67,920 0 0
Changes in securitization account 9,604 1,487 2,465
Net cash flow used in investing activities (647,271) (848,648) (878,280)
Proceeds from the issuance of:      
Long-term debt 127,931 937,725 986,019
Retirement of long-term debt (269,435) (367,565) (578,593)
Other 6,848 (4,106) 1,189
Dividends paid:      
Common stock 0 (30,000) 0
Preferred stock (1,881) (2,064) 0
Net cash flow provided by financing activities 41,770 708,990 604,414
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (248,568) 235,667 12,873
Cash and cash equivalents at beginning of period 248,596 12,929 56
Cash and cash equivalents at end of period 28 248,596 12,929
Cash paid (received) during the period for:      
Interest - net of amount capitalized 87,094 89,077 89,402
Income taxes 17,594 2,792 17,010
Change in money pool receivable - net 4,601 6,580 (11,181)
Proceeds from Contributions from Parent 95,000 175,000 185,000
Proceeds from Issuance of Preferred Stock and Preference Stock 3,713 0 33,188
Change in money pool payable - net 79,594 0 (22,389)
System Energy [Member]      
OPERATING ACTIVITIES      
Consolidated net income 106,814 99,131 99,120
Adjustments to reconcile net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 198,067 184,429 212,170
Deferred income taxes, investment tax credits, and non-current taxes accrued 11,191 (455,732) 95
Changes in working capital:      
Receivables 6,054 13,932 (23,382)
Accounts payable 23,973 (11,587) 18,204
Taxes accrued (50,059) 69,145 19,247
Interest accrued (1,008) 729 (1,302)
Other working capital accounts 25,096 (34,158) 15,879
Increase (Decrease) in Other Regulatory Assets (143,417) 48,880 43,712
Increase (Decrease) in Regulatory Liabilities 40,884 140,965 130,949
Changes in pension and other postretirement liabilities (49,308) 15,596 11,177
Other 253,910 119,032 138,304
Net cash flow provided by operating activities 201,211 (145,462) 300,141
INVESTING ACTIVITIES      
Construction/capital expenditures (100,474) (193,857) (166,695)
Allowance for equity funds used during construction 6,188 9,122 8,709
Nuclear fuel purchases (45,180) (94,991) (18,170)
Decrease (increase) in other investments (300) 0 0
Litigation proceeds for reimbursement of spent nuclear fuel storage costs 0 5,459 0
Proceeds from nuclear decommissioning trust fund sales 1,022,170 418,943 500,384
Investment in nuclear decommissioning trust funds (1,025,779) (432,249) (517,828)
Net cash flow used in investing activities (193,392) (206,443) (119,553)
Proceeds from the issuance of:      
Long-term debt 662,423 1,147,903 1,103,917
Retirement of long-term debt (727,510) (891,410) (1,187,406)
Dividends paid:      
Common stock (96,000) (80,653) (124,250)
Net cash flow provided by financing activities (161,087) 525,840 (207,739)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (153,268) 173,935 (27,151)
Cash and cash equivalents at beginning of period 242,469 68,534 95,685
Cash and cash equivalents at end of period 89,201 242,469 68,534
Cash paid (received) during the period for:      
Interest - net of amount capitalized 39,340 35,061 21,052
Income taxes 54,959 384,329 2,284
Proceeds from sale of nuclear fuel 21,724 25,836 26,223
Change in money pool receivable - net (71,741) 55,294 47,824
Proceeds from Contributions from Parent $ 0 $ 350,000 $ 0