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Retirement And Other Postretirement Benefits
9 Months Ended
Sep. 30, 2012
Retirement And Other Postretirement Benefits
NOTE 6.  RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Net Pension Cost

 
 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$5,542 

 

$3,068 

 

$3,669 

 

$1,602 

 

$706 

 

$1,421 

 

$1,480 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

13,922 

 

6,420 

 

8,800 

 

4,070 

 

1,902 

 

4,206 

 

3,247 

Expected return on assets

 

(16,441)

 

(8,593)

 

(10,209)

 

(5,236)

 

(2,215)

 

(5,581)

 

(4,109)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

50 

 

 

52 

 

 

 

 

Amortization of loss

 

10,193 

 

4,043 

 

7,050 

 

2,633 

 

1,719 

 

2,544 

 

2,251 

Net pension cost

 

$13,266 

 

$4,943 

 

$9,362 

 

$3,076 

 

$2,114 

 

$2,594 

 

$2,872 

 


 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$4,518 

 

$2,462 

 

$2,886 

 

$1,327 

 

$561 

 

$1,197 

 

$1,235 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

12,991 

 

5,928 

 

8,159 

 

3,909 

 

1,762 

 

3,993 

 

2,939 

Expected return on assets

 

(15,609)

 

(8,339)

 

(9,716)

 

(5,038)

 

(2,114)

 

(5,501)

 

(3,784)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

115 

 

20 

 

70 

 

38 

 

 

16 

 

Amortization of loss

 

6,421 

 

2,279 

 

4,497 

 

1,680 

 

1,166 

 

1,394 

 

1,321 

Net pension cost

 

$8,436 

 

$2,350 

 

$5,896 

 

$1,916 

 

$1,384 

 

$1,099 

 

$1,715 

 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$16,626 

 

$9,204 

 

$11,007 

 

$4,806 

 

$2,118 

 

$4,263 

 

$4,440 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

41,766 

 

19,260 

 

26,400 

 

12,210 

 

5,706 

 

12,618 

 

9,741 

Expected return on assets

 

(49,323)

 

(25,779)

 

(30,627)

 

(15,708)

 

(6,645)

 

(16,743)

 

(12,327)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

150 

 

15 

 

156 

 

21 

 

 

12 

 

Amortization of loss

 

30,579 

 

12,129 

 

21,150 

 

7,899 

 

5,157 

 

7,632 

 

6,753 

Net pension cost

 

$39,798 

 

$14,829 

 

$28,086 

 

$9,228 

 

$6,342 

 

$7,782 

 

$8,616 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$13,554 

 

$7,386 

 

$8,658 

 

$3,981 

 

$1,683 

 

$3,591 

 

$3,705 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

38,973 

 

17,784 

 

24,477 

 

11,727 

 

5,286 

 

11,979 

 

8,817 

Expected return on assets

 

(46,827)

 

(25,017)

 

(29,148)

 

(15,114)

 

(6,342)

 

(16,503)

 

(11,352)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

345 

 

60 

 

210 

 

114 

 

27 

 

48 

 

12 

Amortization of loss

 

19,263 

 

6,837 

 

13,491 

 

5,040 

 

3,498 

 

4,182 

 

3,963 

Net pension cost

 

$25,308 

 

$7,050 

 

$17,688 

 

$5,748 

 

$4,152 

 

$3,297 

 

$5,145 

 


The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,272 

 

$1,880 

 

$1,949 

 

$773 

 

$422 

 

$913 

 

$823 

Interest cost on APBO

 

3,613 

 

2,398 

 

2,445 

 

1,179 

 

856 

 

1,663 

 

757 

Expected return on assets

 

(3,507)

 

 

 

(1,130)

 

(928)

 

(2,104)

 

(650)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

297 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(16)

Amortization of loss

 

2,077 

 

1,184 

 

1,090 

 

730 

 

390 

 

1,079 

 

493 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,527 

 

$5,316 

 

$5,518 

 

$1,605 

 

$1,047 

 

$1,491 

 

$1,409 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,013 

 

$1,540 

 

$1,635 

 

$658 

 

$362 

 

$769 

 

$661 

Interest cost on APBO

 

3,436 

 

2,075 

 

2,192 

 

1,093 

 

806 

 

1,486 

 

667 

Expected return on assets

 

(2,882)

 

 

 

(977)

 

(800)

 

(1,874)

 

(529)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

298 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(147)

Amortization of loss

 

1,610 

 

723 

 

698 

 

540 

 

241 

 

700 

 

369 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,249 

 

$4,192 

 

$4,559 

 

$1,367 

 

$917 

 

$1,021 

 

$1,023 

 


The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,816 

 

$5,640 

 

$5,847 

 

$2,319 

 

$1,266 

 

$2,739 

 

$2,469 

Interest cost on APBO

 

10,839 

 

7,194 

 

7,335 

 

3,537 

 

2,568 

 

4,989 

 

2,271 

Expected return on assets

 

(10,521)

 

 

 

(3,390)

 

(2,784)

 

(6,312)

 

(1,950)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

891 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(48)

Amortization of loss

 

6,231 

 

3,552 

 

3,270 

 

2,190 

 

1,170 

 

3,237 

 

1,479 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$13,581 

 

$15,948 

 

$16,554 

 

$4,815 

 

$3,141 

 

$4,473 

 

$4,227 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,039 

 

$4,620 

 

$4,905 

 

$1,974 

 

$1,086 

 

$2,307 

 

$1,983 

Interest cost on APBO

 

10,308 

 

6,225 

 

6,576 

 

3,279 

 

2,418 

 

4,458 

 

2,001 

Expected return on assets

 

(8,646)

 

 

 

(2,931)

 

(2,400)

 

(5,622)

 

(1,587)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

894 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(441)

Amortization of loss

 

4,830 

 

2,169 

 

2,094 

 

1,620 

 

723 

 

2,100 

 

1,107 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$12,747 

 

$12,576 

 

$13,677 

 

$4,101 

 

$2,751 

 

$3,063 

 

$3,069 

 

Employer Contributions

 

            Based on current assumptions, Entergy expects to contribute $170.5 million to its qualified pension plans in 2012.  As of the end of September 2012, Entergy had contributed $170.5 million to its pension plans.  Currently, Entergy does not anticipate making additional contributions to fund its qualified pension plans in 2012. 

 


Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans in 2012:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Expected 2012 pension
  contributions

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771


Pension contributions made
  through September 2012

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771

Remaining estimated pension
  contributions to be made in 2012

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 

Entergy Arkansas [Member]
 
Retirement And Other Postretirement Benefits

NOTE 6. RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Net Pension Cost

Entergy's qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

2012

2011

(In Thousands)

Service cost - benefits earned during the period

$37,691 

$30,490 

Interest cost on projected benefit obligation

65,232 

59,248 

Expected return on assets

(79,356)

(75,319)

Amortization of prior service cost

683 

838 

Amortization of loss

41,820 

23,244 

Net pension costs

$66,070 

$38,501 

Entergy's qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

2012

2011

(In Thousands)

Service cost - benefits earned during the period

$113,073 

$91,470 

Interest cost on projected benefit obligation

195,696 

177,744 

Expected return on assets

(238,068)

(225,957)

Amortization of prior service cost

2,049 

2,514 

Amortization of loss

125,460 

69,732 

Net pension costs

$198,210 

$115,503 


Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the third quarters of 2012 and 2011, respectively. Entergy recognized $15.3 million and $14.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2012 and 2011, respectively.

           

          The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans in the third quarters of 2012 and 2011:


Entergy
Arkansas

Entergy
Gulf States
Louisiana


Entergy
Louisiana


Entergy
Mississippi


Entergy
New Orleans


Entergy
Texas

(In Thousands)

Non-qualified pension cost
  third quarter 2012


$107 


$39 


$3 


$46 


$19 


$163 

Non-qualified pension cost
  third quarter 2011


$115 


$42 


$4 


$48 


$16 


$192 

The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans for the nine months ended September 30, 2012 and 2011:


Entergy
Arkansas

Entergy
Gulf States
Louisiana


Entergy
Louisiana


Entergy
Mississippi


Entergy
New Orleans


Entergy
Texas

(In Thousands)

Non-qualified pension cost
  nine months ended
  September 30, 2012



$321 



$117 



$9 



$138 



$57 



$489 

Non-qualified pension cost
  nine months ended
  September 30, 2011



$345 



$126 



$12 



$144 



$48 



$576 

Components of Net Other Postretirement Benefit Cost

           

             Entergy's other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

2012

2011

(In Thousands)

Service cost - benefits earned during the period

$17,221 

$14,835 

Interest cost on accumulated postretirement benefit
     obligation (APBO)


20,640 


18,631 

Expected return on assets

(8,626)

(7,369)

Amortization of transition obligation

794 

796 

Amortization of prior service cost

(4,541)

(3,518)

Amortization of loss

9,113 

5,298 

Net other postretirement benefit cost

$34,601 

$28,673 

           


            Entergy's other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

2012

2011

(In Thousands)

Service cost - benefits earned during the period

$51,663 

$44,505 

Interest cost on APBO

61,920 

55,893 

Expected return on assets

(25,878)

(22,107)

Amortization of transition obligation

2,382 

2,388 

Amortization of prior service cost

(13,623)

(10,554)

Amortization of loss

27,339 

15,894 

Net other postretirement benefit cost

$103,803 

$86,019 

The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:



2012


Entergy
Arkansas

Entergy
Gulf States
Louisiana


Entergy
Louisiana


Entergy
Mississippi


Entergy
New Orleans


Entergy
Texas


System
Energy

(In Thousands)

Service cost - benefits earned

  during the period

$2,272 

$1,880 

$1,949 

$773 

$422 

$913 

$823 

Interest cost on APBO

3,613 

2,398 

2,445 

1,179 

856 

1,663 

757 

Expected return on assets

(3,507)

(1,130)

(928)

(2,104)

(650)

Amortization of transition

  obligation

205 

60 

96 

88 

297 

47 

Amortization of prior service

  cost

(133)

(206)

(62)

(35)

10 

(107)

(16)

Amortization of loss

2,077 

1,184 

1,090 

730 

390 

1,079 

493 

Net other postretirement

  benefit cost

$4,527 

$5,316 

$5,518 

$1,605 

$1,047 

$1,491 

$1,409 



2011


Entergy
Arkansas

Entergy
Gulf States
Louisiana


Entergy
Louisiana


Entergy
Mississippi


Entergy
New Orleans


Entergy
Texas


System
Energy

(In Thousands)

Service cost - benefits earned

  during the period

$2,013 

$1,540 

$1,635 

$658 

$362 

$769 

$661 

Interest cost on APBO

3,436 

2,075 

2,192 

1,093 

806 

1,486 

667 

Expected return on assets

(2,882)

(977)

(800)

(1,874)

(529)

Amortization of transition

  obligation

205 

60 

96 

88 

298 

47 

Amortization of prior service

  cost

(133)

(206)

(62)

(35)

10 

(107)

(147)

Amortization of loss

1,610 

723 

698 

540 

241 

700 

369 

Net other postretirement

  benefit cost

$4,249 

$4,192 

$4,559 

$1,367 

$917 

$1,021 

$1,023 


The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:



2012


Entergy
Arkansas

Entergy
Gulf States
Louisiana


Entergy
Louisiana


Entergy
Mississippi


Entergy
New Orleans


Entergy
Texas


System
Energy

(In Thousands)

Service cost - benefits earned

  during the period

$6,816 

$5,640 

$5,847 

$2,319 

$1,266 

$2,739 

$2,469 

Interest cost on APBO

10,839 

7,194 

7,335 

3,537 

2,568 

4,989 

2,271 

Expected return on assets

(10,521)

(3,390)

(2,784)

(6,312)

(1,950)

Amortization of transition

  obligation

615 

180 

288 

264 

891 

141 

Amortization of prior service

  cost

(399)

(618)

(186)

(105)

30 

(321)

(48)

Amortization of loss

6,231 

3,552 

3,270 

2,190 

1,170 

3,237 

1,479 

Net other postretirement

  benefit cost

$13,581 

$15,948 

$16,554 

$4,815 

$3,141 

$4,473 

$4,227 



2011


Entergy
Arkansas

Entergy
Gulf States
Louisiana


Entergy
Louisiana


Entergy
Mississippi


Entergy
New Orleans


Entergy
Texas


System
Energy

(In Thousands)

Service cost - benefits earned

  during the period

$6,039 

$4,620 

$4,905 

$1,974 

$1,086 

$2,307 

$1,983 

Interest cost on APBO

10,308 

6,225 

6,576 

3,279 

2,418 

4,458 

2,001 

Expected return on assets

(8,646)

(2,931)

(2,400)

(5,622)

(1,587)

Amortization of transition

  obligation

615 

180 

288 

264 

894 

141 

Amortization of prior service

  cost

(399)

(618)

(186)

(105)

30 

(321)

(441)

Amortization of loss

4,830 

2,169 

2,094 

1,620 

723 

2,100 

1,107 

Net other postretirement

  benefit cost

$12,747 

$12,576 

$13,677 

$4,101 

$2,751 

$3,063 

$3,069 

Employer Contributions

            Based on current assumptions, Entergy expects to contribute $170.5 million to its qualified pension plans in 2012.  As of the end of September 2012, Entergy had contributed $170.5 million to its pension plans.  Currently, Entergy does not anticipate making additional contributions to fund its qualified pension plans in 2012

Entergy Gulf States Louisiana [Member]
 
Retirement And Other Postretirement Benefits

NOTE 6. RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Components of Net Pension Cost

 

Entergy's qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$37,691 

 

$30,490 

Interest cost on projected benefit obligation

 

65,232 

 

59,248 

Expected return on assets

 

(79,356)

 

(75,319)

Amortization of prior service cost

 

683 

 

838 

Amortization of loss

 

41,820 

 

23,244 

Net pension costs

 

$66,070 

 

$38,501 

 

Entergy's qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$113,073 

 

$91,470 

Interest cost on projected benefit obligation

 

195,696 

 

177,744 

Expected return on assets

 

(238,068)

 

(225,957)

Amortization of prior service cost

 

2,049 

 

2,514 

Amortization of loss

 

125,460 

 

69,732 

Net pension costs

 

$198,210 

 

$115,503 

 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$5,542 

 

$3,068 

 

$3,669 

 

$1,602 

 

$706 

 

$1,421 

 

$1,480 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

13,922 

 

6,420 

 

8,800 

 

4,070 

 

1,902 

 

4,206 

 

3,247 

Expected return on assets

 

(16,441)

 

(8,593)

 

(10,209)

 

(5,236)

 

(2,215)

 

(5,581)

 

(4,109)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

50 

 

 

52 

 

 

 

 

Amortization of loss

 

10,193 

 

4,043 

 

7,050 

 

2,633 

 

1,719 

 

2,544 

 

2,251 

Net pension cost

 

$13,266 

 

$4,943 

 

$9,362 

 

$3,076 

 

$2,114 

 

$2,594 

 

$2,872 

 


 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$4,518 

 

$2,462 

 

$2,886 

 

$1,327 

 

$561 

 

$1,197 

 

$1,235 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

12,991 

 

5,928 

 

8,159 

 

3,909 

 

1,762 

 

3,993 

 

2,939 

Expected return on assets

 

(15,609)

 

(8,339)

 

(9,716)

 

(5,038)

 

(2,114)

 

(5,501)

 

(3,784)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

115 

 

20 

 

70 

 

38 

 

 

16 

 

Amortization of loss

 

6,421 

 

2,279 

 

4,497 

 

1,680 

 

1,166 

 

1,394 

 

1,321 

Net pension cost

 

$8,436 

 

$2,350 

 

$5,896 

 

$1,916 

 

$1,384 

 

$1,099 

 

$1,715 

 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$16,626 

 

$9,204 

 

$11,007 

 

$4,806 

 

$2,118 

 

$4,263 

 

$4,440 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

41,766 

 

19,260 

 

26,400 

 

12,210 

 

5,706 

 

12,618 

 

9,741 

Expected return on assets

 

(49,323)

 

(25,779)

 

(30,627)

 

(15,708)

 

(6,645)

 

(16,743)

 

(12,327)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

150 

 

15 

 

156 

 

21 

 

 

12 

 

Amortization of loss

 

30,579 

 

12,129 

 

21,150 

 

7,899 

 

5,157 

 

7,632 

 

6,753 

Net pension cost

 

$39,798 

 

$14,829 

 

$28,086 

 

$9,228 

 

$6,342 

 

$7,782 

 

$8,616 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$13,554 

 

$7,386 

 

$8,658 

 

$3,981 

 

$1,683 

 

$3,591 

 

$3,705 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

38,973 

 

17,784 

 

24,477 

 

11,727 

 

5,286 

 

11,979 

 

8,817 

Expected return on assets

 

(46,827)

 

(25,017)

 

(29,148)

 

(15,114)

 

(6,342)

 

(16,503)

 

(11,352)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

345 

 

60 

 

210 

 

114 

 

27 

 

48 

 

12 

Amortization of loss

 

19,263 

 

6,837 

 

13,491 

 

5,040 

 

3,498 

 

4,182 

 

3,963 

Net pension cost

 

$25,308 

 

$7,050 

 

$17,688 

 

$5,748 

 

$4,152 

 

$3,297 

 

$5,145 

 


 

 Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the third quarters of 2012 and 2011, respectively. Entergy recognized $15.3 million and $14.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2012 and 2011, respectively.

 

            The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans in the third quarters of 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  third quarter 2012

 


$107 

 


$39 

 


$3 

 


$46 

 


$19 

 


$163 

Non-qualified pension cost
  third quarter 2011

 


$115 

 


$42 

 


$4 

 


$48 

 


$16 

 


$192 

 

The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans for the nine months ended September 30, 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  nine months ended
  September 30, 2012

 



$321 

 



$117 

 



$9 

 



$138 

 



$57 

 



$489 

Non-qualified pension cost
  nine months ended
  September 30, 2011

 



$345 

 



$126 

 



$12 

 



$144 

 



$48 

 



$576 

 

 Components of Net Other Postretirement Benefit Cost

 

            Entergy's other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$17,221 

 

$14,835 

Interest cost on accumulated postretirement benefit
     obligation (APBO)

 


20,640 

 


18,631 

Expected return on assets

 

(8,626)

 

(7,369)

Amortization of transition obligation

 

794 

 

796 

Amortization of prior service cost

 

(4,541)

 

(3,518)

Amortization of loss

 

9,113 

 

5,298 

Net other postretirement benefit cost

 

$34,601 

 

$28,673 

           


 

            Entergy's other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$51,663 

 

$44,505 

Interest cost on APBO

 

61,920 

 

55,893 

Expected return on assets

 

(25,878)

 

(22,107)

Amortization of transition obligation

 

2,382 

 

2,388 

Amortization of prior service cost

 

(13,623)

 

(10,554)

Amortization of loss

 

27,339 

 

15,894 

Net other postretirement benefit cost

 

$103,803 

 

$86,019 

 

The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,272 

 

$1,880 

 

$1,949 

 

$773 

 

$422 

 

$913 

 

$823 

Interest cost on APBO

 

3,613 

 

2,398 

 

2,445 

 

1,179 

 

856 

 

1,663 

 

757 

Expected return on assets

 

(3,507)

 

 

 

(1,130)

 

(928)

 

(2,104)

 

(650)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

297 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(16)

Amortization of loss

 

2,077 

 

1,184 

 

1,090 

 

730 

 

390 

 

1,079 

 

493 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,527 

 

$5,316 

 

$5,518 

 

$1,605 

 

$1,047 

 

$1,491 

 

$1,409 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,013 

 

$1,540 

 

$1,635 

 

$658 

 

$362 

 

$769 

 

$661 

Interest cost on APBO

 

3,436 

 

2,075 

 

2,192 

 

1,093 

 

806 

 

1,486 

 

667 

Expected return on assets

 

(2,882)

 

 

 

(977)

 

(800)

 

(1,874)

 

(529)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

298 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(147)

Amortization of loss

 

1,610 

 

723 

 

698 

 

540 

 

241 

 

700 

 

369 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,249 

 

$4,192 

 

$4,559 

 

$1,367 

 

$917 

 

$1,021 

 

$1,023 

 


The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,816 

 

$5,640 

 

$5,847 

 

$2,319 

 

$1,266 

 

$2,739 

 

$2,469 

Interest cost on APBO

 

10,839 

 

7,194 

 

7,335 

 

3,537 

 

2,568 

 

4,989 

 

2,271 

Expected return on assets

 

(10,521)

 

 

 

(3,390)

 

(2,784)

 

(6,312)

 

(1,950)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

891 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(48)

Amortization of loss

 

6,231 

 

3,552 

 

3,270 

 

2,190 

 

1,170 

 

3,237 

 

1,479 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$13,581 

 

$15,948 

 

$16,554 

 

$4,815 

 

$3,141 

 

$4,473 

 

$4,227 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,039 

 

$4,620 

 

$4,905 

 

$1,974 

 

$1,086 

 

$2,307 

 

$1,983 

Interest cost on APBO

 

10,308 

 

6,225 

 

6,576 

 

3,279 

 

2,418 

 

4,458 

 

2,001 

Expected return on assets

 

(8,646)

 

 

 

(2,931)

 

(2,400)

 

(5,622)

 

(1,587)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

894 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(441)

Amortization of loss

 

4,830 

 

2,169 

 

2,094 

 

1,620 

 

723 

 

2,100 

 

1,107 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$12,747 

 

$12,576 

 

$13,677 

 

$4,101 

 

$2,751 

 

$3,063 

 

$3,069 

 

 Employer Contributions

 

            Based on current assumptions, Entergy expects to contribute $170.5 million to its qualified pension plans in 2012.  As of the end of September 2012, Entergy had contributed $170.5 million to its pension plans.  Currently, Entergy does not anticipate making additional contributions to fund its qualified pension plans in 2012

 

 


Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans in 2012:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Expected 2012 pension
  contributions

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771


Pension contributions made
  through September 2012

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771

Remaining estimated pension
  contributions to be made in 2012

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

.


Entergy Louisiana [Member]
 
Retirement And Other Postretirement Benefits

NOTE 6. RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Components of Net Pension Cost

 

Entergy's qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$37,691 

 

$30,490 

Interest cost on projected benefit obligation

 

65,232 

 

59,248 

Expected return on assets

 

(79,356)

 

(75,319)

Amortization of prior service cost

 

683 

 

838 

Amortization of loss

 

41,820 

 

23,244 

Net pension costs

 

$66,070 

 

$38,501 

 

Entergy's qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$113,073 

 

$91,470 

Interest cost on projected benefit obligation

 

195,696 

 

177,744 

Expected return on assets

 

(238,068)

 

(225,957)

Amortization of prior service cost

 

2,049 

 

2,514 

Amortization of loss

 

125,460 

 

69,732 

Net pension costs

 

$198,210 

 

$115,503 

 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$5,542 

 

$3,068 

 

$3,669 

 

$1,602 

 

$706 

 

$1,421 

 

$1,480 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

13,922 

 

6,420 

 

8,800 

 

4,070 

 

1,902 

 

4,206 

 

3,247 

Expected return on assets

 

(16,441)

 

(8,593)

 

(10,209)

 

(5,236)

 

(2,215)

 

(5,581)

 

(4,109)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

50 

 

 

52 

 

 

 

 

Amortization of loss

 

10,193 

 

4,043 

 

7,050 

 

2,633 

 

1,719 

 

2,544 

 

2,251 

Net pension cost

 

$13,266 

 

$4,943 

 

$9,362 

 

$3,076 

 

$2,114 

 

$2,594 

 

$2,872 

 


 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$4,518 

 

$2,462 

 

$2,886 

 

$1,327 

 

$561 

 

$1,197 

 

$1,235 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

12,991 

 

5,928 

 

8,159 

 

3,909 

 

1,762 

 

3,993 

 

2,939 

Expected return on assets

 

(15,609)

 

(8,339)

 

(9,716)

 

(5,038)

 

(2,114)

 

(5,501)

 

(3,784)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

115 

 

20 

 

70 

 

38 

 

 

16 

 

Amortization of loss

 

6,421 

 

2,279 

 

4,497 

 

1,680 

 

1,166 

 

1,394 

 

1,321 

Net pension cost

 

$8,436 

 

$2,350 

 

$5,896 

 

$1,916 

 

$1,384 

 

$1,099 

 

$1,715 

 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$16,626 

 

$9,204 

 

$11,007 

 

$4,806 

 

$2,118 

 

$4,263 

 

$4,440 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

41,766 

 

19,260 

 

26,400 

 

12,210 

 

5,706 

 

12,618 

 

9,741 

Expected return on assets

 

(49,323)

 

(25,779)

 

(30,627)

 

(15,708)

 

(6,645)

 

(16,743)

 

(12,327)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

150 

 

15 

 

156 

 

21 

 

 

12 

 

Amortization of loss

 

30,579 

 

12,129 

 

21,150 

 

7,899 

 

5,157 

 

7,632 

 

6,753 

Net pension cost

 

$39,798 

 

$14,829 

 

$28,086 

 

$9,228 

 

$6,342 

 

$7,782 

 

$8,616 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$13,554 

 

$7,386 

 

$8,658 

 

$3,981 

 

$1,683 

 

$3,591 

 

$3,705 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

38,973 

 

17,784 

 

24,477 

 

11,727 

 

5,286 

 

11,979 

 

8,817 

Expected return on assets

 

(46,827)

 

(25,017)

 

(29,148)

 

(15,114)

 

(6,342)

 

(16,503)

 

(11,352)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

345 

 

60 

 

210 

 

114 

 

27 

 

48 

 

12 

Amortization of loss

 

19,263 

 

6,837 

 

13,491 

 

5,040 

 

3,498 

 

4,182 

 

3,963 

Net pension cost

 

$25,308 

 

$7,050 

 

$17,688 

 

$5,748 

 

$4,152 

 

$3,297 

 

$5,145 

 


 

 Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the third quarters of 2012 and 2011, respectively. Entergy recognized $15.3 million and $14.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2012 and 2011, respectively.

 

            The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans in the third quarters of 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  third quarter 2012

 


$107 

 


$39 

 


$3 

 


$46 

 


$19 

 


$163 

Non-qualified pension cost
  third quarter 2011

 


$115 

 


$42 

 


$4 

 


$48 

 


$16 

 


$192 

 

The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans for the nine months ended September 30, 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  nine months ended
  September 30, 2012

 



$321 

 



$117 

 



$9 

 



$138 

 



$57 

 



$489 

Non-qualified pension cost
  nine months ended
  September 30, 2011

 



$345 

 



$126 

 



$12 

 



$144 

 



$48 

 



$576 

 

 Components of Net Other Postretirement Benefit Cost

 

            Entergy's other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$17,221 

 

$14,835 

Interest cost on accumulated postretirement benefit
     obligation (APBO)

 


20,640 

 


18,631 

Expected return on assets

 

(8,626)

 

(7,369)

Amortization of transition obligation

 

794 

 

796 

Amortization of prior service cost

 

(4,541)

 

(3,518)

Amortization of loss

 

9,113 

 

5,298 

Net other postretirement benefit cost

 

$34,601 

 

$28,673 

           


 

            Entergy's other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$51,663 

 

$44,505 

Interest cost on APBO

 

61,920 

 

55,893 

Expected return on assets

 

(25,878)

 

(22,107)

Amortization of transition obligation

 

2,382 

 

2,388 

Amortization of prior service cost

 

(13,623)

 

(10,554)

Amortization of loss

 

27,339 

 

15,894 

Net other postretirement benefit cost

 

$103,803 

 

$86,019 

 

The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,272 

 

$1,880 

 

$1,949 

 

$773 

 

$422 

 

$913 

 

$823 

Interest cost on APBO

 

3,613 

 

2,398 

 

2,445 

 

1,179 

 

856 

 

1,663 

 

757 

Expected return on assets

 

(3,507)

 

 

 

(1,130)

 

(928)

 

(2,104)

 

(650)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

297 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(16)

Amortization of loss

 

2,077 

 

1,184 

 

1,090 

 

730 

 

390 

 

1,079 

 

493 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,527 

 

$5,316 

 

$5,518 

 

$1,605 

 

$1,047 

 

$1,491 

 

$1,409 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,013 

 

$1,540 

 

$1,635 

 

$658 

 

$362 

 

$769 

 

$661 

Interest cost on APBO

 

3,436 

 

2,075 

 

2,192 

 

1,093 

 

806 

 

1,486 

 

667 

Expected return on assets

 

(2,882)

 

 

 

(977)

 

(800)

 

(1,874)

 

(529)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

298 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(147)

Amortization of loss

 

1,610 

 

723 

 

698 

 

540 

 

241 

 

700 

 

369 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,249 

 

$4,192 

 

$4,559 

 

$1,367 

 

$917 

 

$1,021 

 

$1,023 

 


The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,816 

 

$5,640 

 

$5,847 

 

$2,319 

 

$1,266 

 

$2,739 

 

$2,469 

Interest cost on APBO

 

10,839 

 

7,194 

 

7,335 

 

3,537 

 

2,568 

 

4,989 

 

2,271 

Expected return on assets

 

(10,521)

 

 

 

(3,390)

 

(2,784)

 

(6,312)

 

(1,950)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

891 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(48)

Amortization of loss

 

6,231 

 

3,552 

 

3,270 

 

2,190 

 

1,170 

 

3,237 

 

1,479 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$13,581 

 

$15,948 

 

$16,554 

 

$4,815 

 

$3,141 

 

$4,473 

 

$4,227 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,039 

 

$4,620 

 

$4,905 

 

$1,974 

 

$1,086 

 

$2,307 

 

$1,983 

Interest cost on APBO

 

10,308 

 

6,225 

 

6,576 

 

3,279 

 

2,418 

 

4,458 

 

2,001 

Expected return on assets

 

(8,646)

 

 

 

(2,931)

 

(2,400)

 

(5,622)

 

(1,587)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

894 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(441)

Amortization of loss

 

4,830 

 

2,169 

 

2,094 

 

1,620 

 

723 

 

2,100 

 

1,107 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$12,747 

 

$12,576 

 

$13,677 

 

$4,101 

 

$2,751 

 

$3,063 

 

$3,069 

 

 Employer Contributions

 

            Based on current assumptions, Entergy expects to contribute $170.5 million to its qualified pension plans in 2012.  As of the end of September 2012, Entergy had contributed $170.5 million to its pension plans.  Currently, Entergy does not anticipate making additional contributions to fund its qualified pension plans in 2012

 

 


Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans in 2012:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Expected 2012 pension
  contributions

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771


Pension contributions made
  through September 2012

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771

Remaining estimated pension
  contributions to be made in 2012

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

.


Entergy Mississippi [Member]
 
Retirement And Other Postretirement Benefits

NOTE 6. RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Components of Net Pension Cost

 

Entergy's qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$37,691 

 

$30,490 

Interest cost on projected benefit obligation

 

65,232 

 

59,248 

Expected return on assets

 

(79,356)

 

(75,319)

Amortization of prior service cost

 

683 

 

838 

Amortization of loss

 

41,820 

 

23,244 

Net pension costs

 

$66,070 

 

$38,501 

 

Entergy's qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$113,073 

 

$91,470 

Interest cost on projected benefit obligation

 

195,696 

 

177,744 

Expected return on assets

 

(238,068)

 

(225,957)

Amortization of prior service cost

 

2,049 

 

2,514 

Amortization of loss

 

125,460 

 

69,732 

Net pension costs

 

$198,210 

 

$115,503 

 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$5,542 

 

$3,068 

 

$3,669 

 

$1,602 

 

$706 

 

$1,421 

 

$1,480 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

13,922 

 

6,420 

 

8,800 

 

4,070 

 

1,902 

 

4,206 

 

3,247 

Expected return on assets

 

(16,441)

 

(8,593)

 

(10,209)

 

(5,236)

 

(2,215)

 

(5,581)

 

(4,109)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

50 

 

 

52 

 

 

 

 

Amortization of loss

 

10,193 

 

4,043 

 

7,050 

 

2,633 

 

1,719 

 

2,544 

 

2,251 

Net pension cost

 

$13,266 

 

$4,943 

 

$9,362 

 

$3,076 

 

$2,114 

 

$2,594 

 

$2,872 

 


 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$4,518 

 

$2,462 

 

$2,886 

 

$1,327 

 

$561 

 

$1,197 

 

$1,235 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

12,991 

 

5,928 

 

8,159 

 

3,909 

 

1,762 

 

3,993 

 

2,939 

Expected return on assets

 

(15,609)

 

(8,339)

 

(9,716)

 

(5,038)

 

(2,114)

 

(5,501)

 

(3,784)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

115 

 

20 

 

70 

 

38 

 

 

16 

 

Amortization of loss

 

6,421 

 

2,279 

 

4,497 

 

1,680 

 

1,166 

 

1,394 

 

1,321 

Net pension cost

 

$8,436 

 

$2,350 

 

$5,896 

 

$1,916 

 

$1,384 

 

$1,099 

 

$1,715 

 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$16,626 

 

$9,204 

 

$11,007 

 

$4,806 

 

$2,118 

 

$4,263 

 

$4,440 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

41,766 

 

19,260 

 

26,400 

 

12,210 

 

5,706 

 

12,618 

 

9,741 

Expected return on assets

 

(49,323)

 

(25,779)

 

(30,627)

 

(15,708)

 

(6,645)

 

(16,743)

 

(12,327)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

150 

 

15 

 

156 

 

21 

 

 

12 

 

Amortization of loss

 

30,579 

 

12,129 

 

21,150 

 

7,899 

 

5,157 

 

7,632 

 

6,753 

Net pension cost

 

$39,798 

 

$14,829 

 

$28,086 

 

$9,228 

 

$6,342 

 

$7,782 

 

$8,616 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$13,554 

 

$7,386 

 

$8,658 

 

$3,981 

 

$1,683 

 

$3,591 

 

$3,705 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

38,973 

 

17,784 

 

24,477 

 

11,727 

 

5,286 

 

11,979 

 

8,817 

Expected return on assets

 

(46,827)

 

(25,017)

 

(29,148)

 

(15,114)

 

(6,342)

 

(16,503)

 

(11,352)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

345 

 

60 

 

210 

 

114 

 

27 

 

48 

 

12 

Amortization of loss

 

19,263 

 

6,837 

 

13,491 

 

5,040 

 

3,498 

 

4,182 

 

3,963 

Net pension cost

 

$25,308 

 

$7,050 

 

$17,688 

 

$5,748 

 

$4,152 

 

$3,297 

 

$5,145 

 


 

 Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the third quarters of 2012 and 2011, respectively. Entergy recognized $15.3 million and $14.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2012 and 2011, respectively.

 

            The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans in the third quarters of 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  third quarter 2012

 


$107 

 


$39 

 


$3 

 


$46 

 


$19 

 


$163 

Non-qualified pension cost
  third quarter 2011

 


$115 

 


$42 

 


$4 

 


$48 

 


$16 

 


$192 

 

The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans for the nine months ended September 30, 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  nine months ended
  September 30, 2012

 



$321 

 



$117 

 



$9 

 



$138 

 



$57 

 



$489 

Non-qualified pension cost
  nine months ended
  September 30, 2011

 



$345 

 



$126 

 



$12 

 



$144 

 



$48 

 



$576 

 

 Components of Net Other Postretirement Benefit Cost

 

            Entergy's other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$17,221 

 

$14,835 

Interest cost on accumulated postretirement benefit
     obligation (APBO)

 


20,640 

 


18,631 

Expected return on assets

 

(8,626)

 

(7,369)

Amortization of transition obligation

 

794 

 

796 

Amortization of prior service cost

 

(4,541)

 

(3,518)

Amortization of loss

 

9,113 

 

5,298 

Net other postretirement benefit cost

 

$34,601 

 

$28,673 

           


 

            Entergy's other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$51,663 

 

$44,505 

Interest cost on APBO

 

61,920 

 

55,893 

Expected return on assets

 

(25,878)

 

(22,107)

Amortization of transition obligation

 

2,382 

 

2,388 

Amortization of prior service cost

 

(13,623)

 

(10,554)

Amortization of loss

 

27,339 

 

15,894 

Net other postretirement benefit cost

 

$103,803 

 

$86,019 

 

The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,272 

 

$1,880 

 

$1,949 

 

$773 

 

$422 

 

$913 

 

$823 

Interest cost on APBO

 

3,613 

 

2,398 

 

2,445 

 

1,179 

 

856 

 

1,663 

 

757 

Expected return on assets

 

(3,507)

 

 

 

(1,130)

 

(928)

 

(2,104)

 

(650)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

297 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(16)

Amortization of loss

 

2,077 

 

1,184 

 

1,090 

 

730 

 

390 

 

1,079 

 

493 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,527 

 

$5,316 

 

$5,518 

 

$1,605 

 

$1,047 

 

$1,491 

 

$1,409 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,013 

 

$1,540 

 

$1,635 

 

$658 

 

$362 

 

$769 

 

$661 

Interest cost on APBO

 

3,436 

 

2,075 

 

2,192 

 

1,093 

 

806 

 

1,486 

 

667 

Expected return on assets

 

(2,882)

 

 

 

(977)

 

(800)

 

(1,874)

 

(529)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

298 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(147)

Amortization of loss

 

1,610 

 

723 

 

698 

 

540 

 

241 

 

700 

 

369 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,249 

 

$4,192 

 

$4,559 

 

$1,367 

 

$917 

 

$1,021 

 

$1,023 

 


The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,816 

 

$5,640 

 

$5,847 

 

$2,319 

 

$1,266 

 

$2,739 

 

$2,469 

Interest cost on APBO

 

10,839 

 

7,194 

 

7,335 

 

3,537 

 

2,568 

 

4,989 

 

2,271 

Expected return on assets

 

(10,521)

 

 

 

(3,390)

 

(2,784)

 

(6,312)

 

(1,950)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

891 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(48)

Amortization of loss

 

6,231 

 

3,552 

 

3,270 

 

2,190 

 

1,170 

 

3,237 

 

1,479 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$13,581 

 

$15,948 

 

$16,554 

 

$4,815 

 

$3,141 

 

$4,473 

 

$4,227 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,039 

 

$4,620 

 

$4,905 

 

$1,974 

 

$1,086 

 

$2,307 

 

$1,983 

Interest cost on APBO

 

10,308 

 

6,225 

 

6,576 

 

3,279 

 

2,418 

 

4,458 

 

2,001 

Expected return on assets

 

(8,646)

 

 

 

(2,931)

 

(2,400)

 

(5,622)

 

(1,587)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

894 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(441)

Amortization of loss

 

4,830 

 

2,169 

 

2,094 

 

1,620 

 

723 

 

2,100 

 

1,107 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$12,747 

 

$12,576 

 

$13,677 

 

$4,101 

 

$2,751 

 

$3,063 

 

$3,069 

 

 Employer Contributions

 

            Based on current assumptions, Entergy expects to contribute $170.5 million to its qualified pension plans in 2012.  As of the end of September 2012, Entergy had contributed $170.5 million to its pension plans.  Currently, Entergy does not anticipate making additional contributions to fund its qualified pension plans in 2012

 

 


Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans in 2012:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Expected 2012 pension
  contributions

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771


Pension contributions made
  through September 2012

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771

Remaining estimated pension
  contributions to be made in 2012

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

.


Entergy New Orleans
 
Retirement And Other Postretirement Benefits

NOTE 6. RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Components of Net Pension Cost

 

Entergy's qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$37,691 

 

$30,490 

Interest cost on projected benefit obligation

 

65,232 

 

59,248 

Expected return on assets

 

(79,356)

 

(75,319)

Amortization of prior service cost

 

683 

 

838 

Amortization of loss

 

41,820 

 

23,244 

Net pension costs

 

$66,070 

 

$38,501 

 

Entergy's qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$113,073 

 

$91,470 

Interest cost on projected benefit obligation

 

195,696 

 

177,744 

Expected return on assets

 

(238,068)

 

(225,957)

Amortization of prior service cost

 

2,049 

 

2,514 

Amortization of loss

 

125,460 

 

69,732 

Net pension costs

 

$198,210 

 

$115,503 

 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$5,542 

 

$3,068 

 

$3,669 

 

$1,602 

 

$706 

 

$1,421 

 

$1,480 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

13,922 

 

6,420 

 

8,800 

 

4,070 

 

1,902 

 

4,206 

 

3,247 

Expected return on assets

 

(16,441)

 

(8,593)

 

(10,209)

 

(5,236)

 

(2,215)

 

(5,581)

 

(4,109)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

50 

 

 

52 

 

 

 

 

Amortization of loss

 

10,193 

 

4,043 

 

7,050 

 

2,633 

 

1,719 

 

2,544 

 

2,251 

Net pension cost

 

$13,266 

 

$4,943 

 

$9,362 

 

$3,076 

 

$2,114 

 

$2,594 

 

$2,872 

 


 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$4,518 

 

$2,462 

 

$2,886 

 

$1,327 

 

$561 

 

$1,197 

 

$1,235 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

12,991 

 

5,928 

 

8,159 

 

3,909 

 

1,762 

 

3,993 

 

2,939 

Expected return on assets

 

(15,609)

 

(8,339)

 

(9,716)

 

(5,038)

 

(2,114)

 

(5,501)

 

(3,784)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

115 

 

20 

 

70 

 

38 

 

 

16 

 

Amortization of loss

 

6,421 

 

2,279 

 

4,497 

 

1,680 

 

1,166 

 

1,394 

 

1,321 

Net pension cost

 

$8,436 

 

$2,350 

 

$5,896 

 

$1,916 

 

$1,384 

 

$1,099 

 

$1,715 

 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$16,626 

 

$9,204 

 

$11,007 

 

$4,806 

 

$2,118 

 

$4,263 

 

$4,440 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

41,766 

 

19,260 

 

26,400 

 

12,210 

 

5,706 

 

12,618 

 

9,741 

Expected return on assets

 

(49,323)

 

(25,779)

 

(30,627)

 

(15,708)

 

(6,645)

 

(16,743)

 

(12,327)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

150 

 

15 

 

156 

 

21 

 

 

12 

 

Amortization of loss

 

30,579 

 

12,129 

 

21,150 

 

7,899 

 

5,157 

 

7,632 

 

6,753 

Net pension cost

 

$39,798 

 

$14,829 

 

$28,086 

 

$9,228 

 

$6,342 

 

$7,782 

 

$8,616 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$13,554 

 

$7,386 

 

$8,658 

 

$3,981 

 

$1,683 

 

$3,591 

 

$3,705 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

38,973 

 

17,784 

 

24,477 

 

11,727 

 

5,286 

 

11,979 

 

8,817 

Expected return on assets

 

(46,827)

 

(25,017)

 

(29,148)

 

(15,114)

 

(6,342)

 

(16,503)

 

(11,352)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

345 

 

60 

 

210 

 

114 

 

27 

 

48 

 

12 

Amortization of loss

 

19,263 

 

6,837 

 

13,491 

 

5,040 

 

3,498 

 

4,182 

 

3,963 

Net pension cost

 

$25,308 

 

$7,050 

 

$17,688 

 

$5,748 

 

$4,152 

 

$3,297 

 

$5,145 

 


 

 Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the third quarters of 2012 and 2011, respectively. Entergy recognized $15.3 million and $14.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2012 and 2011, respectively.

 

            The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans in the third quarters of 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  third quarter 2012

 


$107 

 


$39 

 


$3 

 


$46 

 


$19 

 


$163 

Non-qualified pension cost
  third quarter 2011

 


$115 

 


$42 

 


$4 

 


$48 

 


$16 

 


$192 

 

The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans for the nine months ended September 30, 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  nine months ended
  September 30, 2012

 



$321 

 



$117 

 



$9 

 



$138 

 



$57 

 



$489 

Non-qualified pension cost
  nine months ended
  September 30, 2011

 



$345 

 



$126 

 



$12 

 



$144 

 



$48 

 



$576 

 

 Components of Net Other Postretirement Benefit Cost

 

            Entergy's other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$17,221 

 

$14,835 

Interest cost on accumulated postretirement benefit
     obligation (APBO)

 


20,640 

 


18,631 

Expected return on assets

 

(8,626)

 

(7,369)

Amortization of transition obligation

 

794 

 

796 

Amortization of prior service cost

 

(4,541)

 

(3,518)

Amortization of loss

 

9,113 

 

5,298 

Net other postretirement benefit cost

 

$34,601 

 

$28,673 

           


 

            Entergy's other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$51,663 

 

$44,505 

Interest cost on APBO

 

61,920 

 

55,893 

Expected return on assets

 

(25,878)

 

(22,107)

Amortization of transition obligation

 

2,382 

 

2,388 

Amortization of prior service cost

 

(13,623)

 

(10,554)

Amortization of loss

 

27,339 

 

15,894 

Net other postretirement benefit cost

 

$103,803 

 

$86,019 

 

The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,272 

 

$1,880 

 

$1,949 

 

$773 

 

$422 

 

$913 

 

$823 

Interest cost on APBO

 

3,613 

 

2,398 

 

2,445 

 

1,179 

 

856 

 

1,663 

 

757 

Expected return on assets

 

(3,507)

 

 

 

(1,130)

 

(928)

 

(2,104)

 

(650)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

297 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(16)

Amortization of loss

 

2,077 

 

1,184 

 

1,090 

 

730 

 

390 

 

1,079 

 

493 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,527 

 

$5,316 

 

$5,518 

 

$1,605 

 

$1,047 

 

$1,491 

 

$1,409 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,013 

 

$1,540 

 

$1,635 

 

$658 

 

$362 

 

$769 

 

$661 

Interest cost on APBO

 

3,436 

 

2,075 

 

2,192 

 

1,093 

 

806 

 

1,486 

 

667 

Expected return on assets

 

(2,882)

 

 

 

(977)

 

(800)

 

(1,874)

 

(529)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

298 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(147)

Amortization of loss

 

1,610 

 

723 

 

698 

 

540 

 

241 

 

700 

 

369 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,249 

 

$4,192 

 

$4,559 

 

$1,367 

 

$917 

 

$1,021 

 

$1,023 

 


The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,816 

 

$5,640 

 

$5,847 

 

$2,319 

 

$1,266 

 

$2,739 

 

$2,469 

Interest cost on APBO

 

10,839 

 

7,194 

 

7,335 

 

3,537 

 

2,568 

 

4,989 

 

2,271 

Expected return on assets

 

(10,521)

 

 

 

(3,390)

 

(2,784)

 

(6,312)

 

(1,950)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

891 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(48)

Amortization of loss

 

6,231 

 

3,552 

 

3,270 

 

2,190 

 

1,170 

 

3,237 

 

1,479 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$13,581 

 

$15,948 

 

$16,554 

 

$4,815 

 

$3,141 

 

$4,473 

 

$4,227 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,039 

 

$4,620 

 

$4,905 

 

$1,974 

 

$1,086 

 

$2,307 

 

$1,983 

Interest cost on APBO

 

10,308 

 

6,225 

 

6,576 

 

3,279 

 

2,418 

 

4,458 

 

2,001 

Expected return on assets

 

(8,646)

 

 

 

(2,931)

 

(2,400)

 

(5,622)

 

(1,587)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

894 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(441)

Amortization of loss

 

4,830 

 

2,169 

 

2,094 

 

1,620 

 

723 

 

2,100 

 

1,107 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$12,747 

 

$12,576 

 

$13,677 

 

$4,101 

 

$2,751 

 

$3,063 

 

$3,069 

 

 Employer Contributions

 

            Based on current assumptions, Entergy expects to contribute $170.5 million to its qualified pension plans in 2012.  As of the end of September 2012, Entergy had contributed $170.5 million to its pension plans.  Currently, Entergy does not anticipate making additional contributions to fund its qualified pension plans in 2012

 

 


Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans in 2012:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Expected 2012 pension
  contributions

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771


Pension contributions made
  through September 2012

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771

Remaining estimated pension
  contributions to be made in 2012

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

.


Entergy Texas [Member]
 
Retirement And Other Postretirement Benefits

NOTE 6. RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Components of Net Pension Cost

 

Entergy's qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$37,691 

 

$30,490 

Interest cost on projected benefit obligation

 

65,232 

 

59,248 

Expected return on assets

 

(79,356)

 

(75,319)

Amortization of prior service cost

 

683 

 

838 

Amortization of loss

 

41,820 

 

23,244 

Net pension costs

 

$66,070 

 

$38,501 

 

Entergy's qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$113,073 

 

$91,470 

Interest cost on projected benefit obligation

 

195,696 

 

177,744 

Expected return on assets

 

(238,068)

 

(225,957)

Amortization of prior service cost

 

2,049 

 

2,514 

Amortization of loss

 

125,460 

 

69,732 

Net pension costs

 

$198,210 

 

$115,503 

 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$5,542 

 

$3,068 

 

$3,669 

 

$1,602 

 

$706 

 

$1,421 

 

$1,480 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

13,922 

 

6,420 

 

8,800 

 

4,070 

 

1,902 

 

4,206 

 

3,247 

Expected return on assets

 

(16,441)

 

(8,593)

 

(10,209)

 

(5,236)

 

(2,215)

 

(5,581)

 

(4,109)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

50 

 

 

52 

 

 

 

 

Amortization of loss

 

10,193 

 

4,043 

 

7,050 

 

2,633 

 

1,719 

 

2,544 

 

2,251 

Net pension cost

 

$13,266 

 

$4,943 

 

$9,362 

 

$3,076 

 

$2,114 

 

$2,594 

 

$2,872 

 


 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$4,518 

 

$2,462 

 

$2,886 

 

$1,327 

 

$561 

 

$1,197 

 

$1,235 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

12,991 

 

5,928 

 

8,159 

 

3,909 

 

1,762 

 

3,993 

 

2,939 

Expected return on assets

 

(15,609)

 

(8,339)

 

(9,716)

 

(5,038)

 

(2,114)

 

(5,501)

 

(3,784)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

115 

 

20 

 

70 

 

38 

 

 

16 

 

Amortization of loss

 

6,421 

 

2,279 

 

4,497 

 

1,680 

 

1,166 

 

1,394 

 

1,321 

Net pension cost

 

$8,436 

 

$2,350 

 

$5,896 

 

$1,916 

 

$1,384 

 

$1,099 

 

$1,715 

 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$16,626 

 

$9,204 

 

$11,007 

 

$4,806 

 

$2,118 

 

$4,263 

 

$4,440 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

41,766 

 

19,260 

 

26,400 

 

12,210 

 

5,706 

 

12,618 

 

9,741 

Expected return on assets

 

(49,323)

 

(25,779)

 

(30,627)

 

(15,708)

 

(6,645)

 

(16,743)

 

(12,327)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

150 

 

15 

 

156 

 

21 

 

 

12 

 

Amortization of loss

 

30,579 

 

12,129 

 

21,150 

 

7,899 

 

5,157 

 

7,632 

 

6,753 

Net pension cost

 

$39,798 

 

$14,829 

 

$28,086 

 

$9,228 

 

$6,342 

 

$7,782 

 

$8,616 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$13,554 

 

$7,386 

 

$8,658 

 

$3,981 

 

$1,683 

 

$3,591 

 

$3,705 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

38,973 

 

17,784 

 

24,477 

 

11,727 

 

5,286 

 

11,979 

 

8,817 

Expected return on assets

 

(46,827)

 

(25,017)

 

(29,148)

 

(15,114)

 

(6,342)

 

(16,503)

 

(11,352)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

345 

 

60 

 

210 

 

114 

 

27 

 

48 

 

12 

Amortization of loss

 

19,263 

 

6,837 

 

13,491 

 

5,040 

 

3,498 

 

4,182 

 

3,963 

Net pension cost

 

$25,308 

 

$7,050 

 

$17,688 

 

$5,748 

 

$4,152 

 

$3,297 

 

$5,145 

 


 

 Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the third quarters of 2012 and 2011, respectively. Entergy recognized $15.3 million and $14.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2012 and 2011, respectively.

 

            The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans in the third quarters of 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  third quarter 2012

 


$107 

 


$39 

 


$3 

 


$46 

 


$19 

 


$163 

Non-qualified pension cost
  third quarter 2011

 


$115 

 


$42 

 


$4 

 


$48 

 


$16 

 


$192 

 

The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans for the nine months ended September 30, 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  nine months ended
  September 30, 2012

 



$321 

 



$117 

 



$9 

 



$138 

 



$57 

 



$489 

Non-qualified pension cost
  nine months ended
  September 30, 2011

 



$345 

 



$126 

 



$12 

 



$144 

 



$48 

 



$576 

 

 Components of Net Other Postretirement Benefit Cost

 

            Entergy's other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$17,221 

 

$14,835 

Interest cost on accumulated postretirement benefit
     obligation (APBO)

 


20,640 

 


18,631 

Expected return on assets

 

(8,626)

 

(7,369)

Amortization of transition obligation

 

794 

 

796 

Amortization of prior service cost

 

(4,541)

 

(3,518)

Amortization of loss

 

9,113 

 

5,298 

Net other postretirement benefit cost

 

$34,601 

 

$28,673 

           


 

            Entergy's other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$51,663 

 

$44,505 

Interest cost on APBO

 

61,920 

 

55,893 

Expected return on assets

 

(25,878)

 

(22,107)

Amortization of transition obligation

 

2,382 

 

2,388 

Amortization of prior service cost

 

(13,623)

 

(10,554)

Amortization of loss

 

27,339 

 

15,894 

Net other postretirement benefit cost

 

$103,803 

 

$86,019 

 

The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,272 

 

$1,880 

 

$1,949 

 

$773 

 

$422 

 

$913 

 

$823 

Interest cost on APBO

 

3,613 

 

2,398 

 

2,445 

 

1,179 

 

856 

 

1,663 

 

757 

Expected return on assets

 

(3,507)

 

 

 

(1,130)

 

(928)

 

(2,104)

 

(650)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

297 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(16)

Amortization of loss

 

2,077 

 

1,184 

 

1,090 

 

730 

 

390 

 

1,079 

 

493 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,527 

 

$5,316 

 

$5,518 

 

$1,605 

 

$1,047 

 

$1,491 

 

$1,409 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,013 

 

$1,540 

 

$1,635 

 

$658 

 

$362 

 

$769 

 

$661 

Interest cost on APBO

 

3,436 

 

2,075 

 

2,192 

 

1,093 

 

806 

 

1,486 

 

667 

Expected return on assets

 

(2,882)

 

 

 

(977)

 

(800)

 

(1,874)

 

(529)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

298 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(147)

Amortization of loss

 

1,610 

 

723 

 

698 

 

540 

 

241 

 

700 

 

369 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,249 

 

$4,192 

 

$4,559 

 

$1,367 

 

$917 

 

$1,021 

 

$1,023 

 


The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,816 

 

$5,640 

 

$5,847 

 

$2,319 

 

$1,266 

 

$2,739 

 

$2,469 

Interest cost on APBO

 

10,839 

 

7,194 

 

7,335 

 

3,537 

 

2,568 

 

4,989 

 

2,271 

Expected return on assets

 

(10,521)

 

 

 

(3,390)

 

(2,784)

 

(6,312)

 

(1,950)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

891 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(48)

Amortization of loss

 

6,231 

 

3,552 

 

3,270 

 

2,190 

 

1,170 

 

3,237 

 

1,479 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$13,581 

 

$15,948 

 

$16,554 

 

$4,815 

 

$3,141 

 

$4,473 

 

$4,227 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,039 

 

$4,620 

 

$4,905 

 

$1,974 

 

$1,086 

 

$2,307 

 

$1,983 

Interest cost on APBO

 

10,308 

 

6,225 

 

6,576 

 

3,279 

 

2,418 

 

4,458 

 

2,001 

Expected return on assets

 

(8,646)

 

 

 

(2,931)

 

(2,400)

 

(5,622)

 

(1,587)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

894 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(441)

Amortization of loss

 

4,830 

 

2,169 

 

2,094 

 

1,620 

 

723 

 

2,100 

 

1,107 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$12,747 

 

$12,576 

 

$13,677 

 

$4,101 

 

$2,751 

 

$3,063 

 

$3,069 

 

 Employer Contributions

 

            Based on current assumptions, Entergy expects to contribute $170.5 million to its qualified pension plans in 2012.  As of the end of September 2012, Entergy had contributed $170.5 million to its pension plans.  Currently, Entergy does not anticipate making additional contributions to fund its qualified pension plans in 2012

 

 


Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans in 2012:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Expected 2012 pension
  contributions

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771


Pension contributions made
  through September 2012

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771

Remaining estimated pension
  contributions to be made in 2012

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

.


System Energy [Member]
 
Retirement And Other Postretirement Benefits

NOTE 6. RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Components of Net Pension Cost

 

Entergy's qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$37,691 

 

$30,490 

Interest cost on projected benefit obligation

 

65,232 

 

59,248 

Expected return on assets

 

(79,356)

 

(75,319)

Amortization of prior service cost

 

683 

 

838 

Amortization of loss

 

41,820 

 

23,244 

Net pension costs

 

$66,070 

 

$38,501 

 

Entergy's qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$113,073 

 

$91,470 

Interest cost on projected benefit obligation

 

195,696 

 

177,744 

Expected return on assets

 

(238,068)

 

(225,957)

Amortization of prior service cost

 

2,049 

 

2,514 

Amortization of loss

 

125,460 

 

69,732 

Net pension costs

 

$198,210 

 

$115,503 

 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$5,542 

 

$3,068 

 

$3,669 

 

$1,602 

 

$706 

 

$1,421 

 

$1,480 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

13,922 

 

6,420 

 

8,800 

 

4,070 

 

1,902 

 

4,206 

 

3,247 

Expected return on assets

 

(16,441)

 

(8,593)

 

(10,209)

 

(5,236)

 

(2,215)

 

(5,581)

 

(4,109)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

50 

 

 

52 

 

 

 

 

Amortization of loss

 

10,193 

 

4,043 

 

7,050 

 

2,633 

 

1,719 

 

2,544 

 

2,251 

Net pension cost

 

$13,266 

 

$4,943 

 

$9,362 

 

$3,076 

 

$2,114 

 

$2,594 

 

$2,872 

 


 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$4,518 

 

$2,462 

 

$2,886 

 

$1,327 

 

$561 

 

$1,197 

 

$1,235 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

12,991 

 

5,928 

 

8,159 

 

3,909 

 

1,762 

 

3,993 

 

2,939 

Expected return on assets

 

(15,609)

 

(8,339)

 

(9,716)

 

(5,038)

 

(2,114)

 

(5,501)

 

(3,784)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

115 

 

20 

 

70 

 

38 

 

 

16 

 

Amortization of loss

 

6,421 

 

2,279 

 

4,497 

 

1,680 

 

1,166 

 

1,394 

 

1,321 

Net pension cost

 

$8,436 

 

$2,350 

 

$5,896 

 

$1,916 

 

$1,384 

 

$1,099 

 

$1,715 

 

The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$16,626 

 

$9,204 

 

$11,007 

 

$4,806 

 

$2,118 

 

$4,263 

 

$4,440 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

41,766 

 

19,260 

 

26,400 

 

12,210 

 

5,706 

 

12,618 

 

9,741 

Expected return on assets

 

(49,323)

 

(25,779)

 

(30,627)

 

(15,708)

 

(6,645)

 

(16,743)

 

(12,327)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

150 

 

15 

 

156 

 

21 

 

 

12 

 

Amortization of loss

 

30,579 

 

12,129 

 

21,150 

 

7,899 

 

5,157 

 

7,632 

 

6,753 

Net pension cost

 

$39,798 

 

$14,829 

 

$28,086 

 

$9,228 

 

$6,342 

 

$7,782 

 

$8,616 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
 Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$13,554 

 

$7,386 

 

$8,658 

 

$3,981 

 

$1,683 

 

$3,591 

 

$3,705 

Interest cost on projected

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit obligation

 

38,973 

 

17,784 

 

24,477 

 

11,727 

 

5,286 

 

11,979 

 

8,817 

Expected return on assets

 

(46,827)

 

(25,017)

 

(29,148)

 

(15,114)

 

(6,342)

 

(16,503)

 

(11,352)

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

345 

 

60 

 

210 

 

114 

 

27 

 

48 

 

12 

Amortization of loss

 

19,263 

 

6,837 

 

13,491 

 

5,040 

 

3,498 

 

4,182 

 

3,963 

Net pension cost

 

$25,308 

 

$7,050 

 

$17,688 

 

$5,748 

 

$4,152 

 

$3,297 

 

$5,145 

 


 

 Entergy recognized $5.1 million and $4.9 million in pension cost for its non-qualified pension plans in the third quarters of 2012 and 2011, respectively. Entergy recognized $15.3 million and $14.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2012 and 2011, respectively.

 

            The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans in the third quarters of 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  third quarter 2012

 


$107 

 


$39 

 


$3 

 


$46 

 


$19 

 


$163 

Non-qualified pension cost
  third quarter 2011

 


$115 

 


$42 

 


$4 

 


$48 

 


$16 

 


$192 

 

The Registrant Subsidiaries recognized the following pension cost for their non-qualified pension plans for the nine months ended September 30, 2012 and 2011:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 

 

(In Thousands)

Non-qualified pension cost
  nine months ended
  September 30, 2012

 



$321 

 



$117 

 



$9 

 



$138 

 



$57 

 



$489 

Non-qualified pension cost
  nine months ended
  September 30, 2011

 



$345 

 



$126 

 



$12 

 



$144 

 



$48 

 



$576 

 

Components of Net Other Postretirement Benefit Cost

 

            Entergy's other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$17,221 

 

$14,835 

Interest cost on accumulated postretirement benefit
     obligation (APBO)

 


20,640 

 


18,631 

Expected return on assets

 

(8,626)

 

(7,369)

Amortization of transition obligation

 

794 

 

796 

Amortization of prior service cost

 

(4,541)

 

(3,518)

Amortization of loss

 

9,113 

 

5,298 

Net other postretirement benefit cost

 

$34,601 

 

$28,673 

           


 

            Entergy's other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 

 

 

2012

 

2011

 

 

(In Thousands)

 

 

 

 

 

Service cost - benefits earned during the period

 

$51,663 

 

$44,505 

Interest cost on APBO

 

61,920 

 

55,893 

Expected return on assets

 

(25,878)

 

(22,107)

Amortization of transition obligation

 

2,382 

 

2,388 

Amortization of prior service cost

 

(13,623)

 

(10,554)

Amortization of loss

 

27,339 

 

15,894 

Net other postretirement benefit cost

 

$103,803 

 

$86,019 

 

The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the third quarters of 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,272 

 

$1,880 

 

$1,949 

 

$773 

 

$422 

 

$913 

 

$823 

Interest cost on APBO

 

3,613 

 

2,398 

 

2,445 

 

1,179 

 

856 

 

1,663 

 

757 

Expected return on assets

 

(3,507)

 

 

 

(1,130)

 

(928)

 

(2,104)

 

(650)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

297 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(16)

Amortization of loss

 

2,077 

 

1,184 

 

1,090 

 

730 

 

390 

 

1,079 

 

493 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,527 

 

$5,316 

 

$5,518 

 

$1,605 

 

$1,047 

 

$1,491 

 

$1,409 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$2,013 

 

$1,540 

 

$1,635 

 

$658 

 

$362 

 

$769 

 

$661 

Interest cost on APBO

 

3,436 

 

2,075 

 

2,192 

 

1,093 

 

806 

 

1,486 

 

667 

Expected return on assets

 

(2,882)

 

 

 

(977)

 

(800)

 

(1,874)

 

(529)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

205 

 

60 

 

96 

 

88 

 

298 

 

47 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(133)

 

(206)

 

(62)

 

(35)

 

10 

 

(107)

 

(147)

Amortization of loss

 

1,610 

 

723 

 

698 

 

540 

 

241 

 

700 

 

369 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$4,249 

 

$4,192 

 

$4,559 

 

$1,367 

 

$917 

 

$1,021 

 

$1,023 

 


The Registrant Subsidiaries' other postretirement benefit cost, including amounts capitalized, for the nine months ended September 30, 2012 and 2011, included the following components:

 



2012

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,816 

 

$5,640 

 

$5,847 

 

$2,319 

 

$1,266 

 

$2,739 

 

$2,469 

Interest cost on APBO

 

10,839 

 

7,194 

 

7,335 

 

3,537 

 

2,568 

 

4,989 

 

2,271 

Expected return on assets

 

(10,521)

 

 

 

(3,390)

 

(2,784)

 

(6,312)

 

(1,950)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

891 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(48)

Amortization of loss

 

6,231 

 

3,552 

 

3,270 

 

2,190 

 

1,170 

 

3,237 

 

1,479 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$13,581 

 

$15,948 

 

$16,554 

 

$4,815 

 

$3,141 

 

$4,473 

 

$4,227 

 



2011

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Service cost - benefits earned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  during the period

 

$6,039 

 

$4,620 

 

$4,905 

 

$1,974 

 

$1,086 

 

$2,307 

 

$1,983 

Interest cost on APBO

 

10,308 

 

6,225 

 

6,576 

 

3,279 

 

2,418 

 

4,458 

 

2,001 

Expected return on assets

 

(8,646)

 

 

 

(2,931)

 

(2,400)

 

(5,622)

 

(1,587)

Amortization of transition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  obligation

 

615 

 

180 

 

288 

 

264 

 

894 

 

141 

 

Amortization of prior service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  cost

 

(399)

 

(618)

 

(186)

 

(105)

 

30 

 

(321)

 

(441)

Amortization of loss

 

4,830 

 

2,169 

 

2,094 

 

1,620 

 

723 

 

2,100 

 

1,107 

Net other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  benefit cost

 

$12,747 

 

$12,576 

 

$13,677 

 

$4,101 

 

$2,751 

 

$3,063 

 

$3,069 

 

 Employer Contributions

 

            Based on current assumptions, Entergy expects to contribute $170.5 million to its qualified pension plans in 2012.  As of the end of September 2012, Entergy had contributed $170.5 million to its pension plans.  Currently, Entergy does not anticipate making additional contributions to fund its qualified pension plans in 2012

 

 


Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans in 2012:

 

 

 


Entergy
Arkansas

 

Entergy
Gulf States
Louisiana

 


Entergy
Louisiana

 


Entergy
Mississippi

 


Entergy
New Orleans

 


Entergy
Texas

 


System
Energy

 

 

(In Thousands)

Expected 2012 pension
  contributions

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771


Pension contributions made
  through September 2012

 


$37,163

 


$13,569

 


$28,816

 


$9,665

 


$5,811

 


$9,091

 


$9,771

Remaining estimated pension
  contributions to be made in 2012

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

 


$ -

.