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Equity
9 Months Ended
Sep. 30, 2013
Equity

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

 

Common Stock

 

Earnings per Share

 

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

 

 

 

For the Three Months Ended September 30,

 

 

2013

 

2012

 

 

(In Millions, Except Per Share Data)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

Income

 

Shares

 

$/share

 

Income

 

Shares

 

$/share

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to
Entergy Corporation

 


$239.9

 


178.3

 


$1.35

 


$337.1

 


177.5

 


$1.90

Average dilutive effect of:

 

 

 

 

 

 

 

 

 

 

 

 

     Stock options

 

 

 

0.1

 

 

 

 

0.4

 

(0.01) 

     Other equity plans

 

 

 

0.3

 

(0.01) 

 

 

 

0.1

 

 - 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$239.9

 

178.7

 

$1.34 

 

$337.1

 

178.0

 

$1.89

 

 

 

 

 

For the Nine Months Ended September 30,

 

 

2013

 

2012

 

 

(In Millions, Except Per Share Data)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

Income

 

Shares

 

$/share

 

Income

 

Shares

 

$/share

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to
Entergy Corporation

 


$565.0

 


178.2

 


$3.17 

 


$550.4

 


177.2

 


$3.11

Average dilutive effect of:

 

 

 

 

 

 

 

 

 

 

 

 

     Stock options

 

 

 

0.1

 

 

 

 

0.3

 

(0.01)

     Other equity plans

 

 

 

0.2

 

(0.01)

 

 

 

0.1

 

 - 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$565.0

 

178.5

 

$3.16 

 

$550.4

 

177.6

 

$3.10

 

 

The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 8.8 million and 6.2 million for the third quarters of 2013 and 2012, respectively. The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 8.9 million and 7.7 million for the nine months ended September 30, 2013 and 2012, respectively.

 

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

 

Treasury Stock

 

            During the nine months ended September 30, 2013, Entergy Corporation issued 498,426 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards.  Entergy Corporation did not repurchase any of its common stock during the nine months ended September 30, 2013.

 

Retained Earnings

 

            On October 25, 2013, Entergy Corporation's Board of Directors declared a common stock dividend of $0.83 per share, payable on December 2, 2013 to holders of record as of November 7, 2013.  

 

Comprehensive Income

 

            Accumulated other comprehensive loss is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  The following table presents changes in accumulated other comprehensive loss for Entergy for the three months ended September 30, 2013 by component:

 

 

Cash flow
hedges
net
unrealized
gain (loss)

 

Pension
and
other
postretirement
liabilities

 


Net
unrealized
investment
gains

 



Foreign
currency
translation

 

Total
Accumulated
Other
Comprehensive
Loss

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

Beginning balance, June 30, 2013

$31,520 

 

($571,138)

 

$262,891 

 

$2,424 

 

($274,303)

 

 

 

 

 

 

 

 

 

 

   Other comprehensive income (loss)
      before reclassifications


(9,838) 

 


 


45,647

 


706 

 


36,515 

   Amounts reclassified from
      accumulated other comprehensive 
      loss



(21,825)

 



15,430 

 



653

 



 



(5,742) 

Net other comprehensive income (loss) for the period


(31,663) 

 


15,430 

 


46,300

 


706 

 


30,773 

 

 

 

 

 

 

 

 

 

 

Ending balance, September 30, 2013

($143) 

 

($555,708)

 

$309,191  

 

$3,130 

 

($243,530)

 

            The following table presents changes in accumulated other comprehensive loss for Entergy for the nine months ended September 30, 2013 by component:

 

 

Cash flow
hedges
net
unrealized
gain (loss)

 

Pension
and
other
postretirement
liabilities

 


Net
unrealized
investment
gains

 



Foreign
currency
translation

 

Total
Accumulated
Other
Comprehensive
Loss

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

Beginning balance, December 31, 2012

$79,905 

 

($590,712)

 

$214,547 

 

$3,177 

 

($293,083)

 

 

 

 

 

 

 

 

 

 

   Other comprehensive income (loss)
      before reclassifications


(57,376)

 


 


95,843 

 


(47)

 


38,420 

   Amounts reclassified from
      accumulated other comprehensive 
      loss



(22,672)

 



35,004 

 



(1,199)

 



 



11,133 

Net other comprehensive income (loss) for the period


(80,048)

 


35,004 

 


94,644 

 


(47)

 


49,553 

 

 

 

 

 

 

 

 

 

 

Ending balance, September 30, 2013

($143) 

 

($555,708)

 

$309,191  

 

$3,130 

 

($243,530)

 

 

           

The following table presents changes in accumulated other comprehensive loss for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended September 30, 2013:

 

 

 

Pension and Other
Postretirement Liabilities

 

 

 

Entergy
Gulf States
Louisiana

 



Entergy
Louisiana

 

 

(In Thousands)

 

 

 

 

 

Beginning balance June 30, 2013

 

($63,312)

 

($44,771)

 

 

 

 

 

Amounts reclassified from accumulated other
     comprehensive income

 


963 

 


684 

Net other comprehensive income for the period

 

963 

 

684 

 

 

 

 

 

Ending balance, September 30, 2013

 

($62,349)

 

($44,087)

 

            The following table presents changes in accumulated other comprehensive loss for Entergy Gulf States Louisiana and Entergy Louisiana for the nine months ended September 30, 2013:

 

 

 

Pension and Other
Postretirement Liabilities

 

 

 

Entergy
Gulf States
Louisiana

 



Entergy
Louisiana

 

 

(In Thousands)

 

 

 

 

 

Beginning balance, December 31, 2012

 

($65,229)

 

($46,132)

 

 

 

 

 

Amounts reclassified from accumulated other
     comprehensive income

 


2,880 

 


2,045 

Net other comprehensive income for the period

 

2,880 

 

2,045 

 

 

 

 

 

Ending balance, September 30, 2013

 

($62,349)

 

($44,087)

 

 

          

            Total reclassifications out of accumulated other comprehensive loss (AOCI) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended September 30, 2013 are as follows:

 

 

 

Amounts reclassified
from AOCI

 

 

 

 

 

Entergy
Gulf States
Louisiana

 



Entergy
Louisiana

 




Income Statement Location

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

Pension and other postretirement liabilities

 

 

 

 

 

 

      Amortization of prior-service costs

 

$206 

 

$62 

 

(a)

      Amortization of loss

 

(1,947)

 

(1,288)

 

(a)

Total amortization

 

(1,741)

 

(1,226)

 

 

 

 

778 

 

542 

 

Income taxes

Total amortization (net of tax)

 

(963)

 

(684)

 

 

 

 

 

 

 

 

 

Total reclassifications for the period (net of tax)

 

($963)

 

($684)

 

 

 

(a)

These accumulated other comprehensive loss components are included in the computation of net periodic pension cost.  See Note 6 to the financial statements for additional details.

 

            Total reclassifications out of accumulated other comprehensive loss (AOCI) for Entergy Gulf States Louisiana and Entergy Louisiana for the nine months ended September 30, 2013 are as follows:

 

 

 

Amounts reclassified
from AOCI

 

 

 

 

 

Entergy
Gulf States
Louisiana

 



Entergy
Louisiana

 




Income Statement Location

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

Pension and other postretirement liabilities

 

 

 

 

 

 

      Amortization of prior-service costs

 

$617 

 

$186 

 

(a)

      Amortization of loss

 

(5,839)

 

(3,862)

 

(a)

Total amortization

 

(5,222)

 

(3,676)

 

 

 

 

2,342 

 

1,631 

 

Income taxes

Total amortization (net of tax)

 

(2,880)

 

(2,045)

 

 

 

 

 

 

 

 

 

Total reclassifications for the period (net of tax)

 

($2,880)

 

($2,045)

 

 

 

(a)

These accumulated other comprehensive loss components are included in the computation of net periodic pension cost.  See Note 6 to the financial statements for additional details.

Entergy Gulf States Louisiana [Member]
 
Equity

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

 

Common Stock

 

Earnings per Share

 

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

 

 

 

For the Three Months Ended September 30,

 

 

2013

 

2012

 

 

(In Millions, Except Per Share Data)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

Income

 

Shares

 

$/share

 

Income

 

Shares

 

$/share

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to
Entergy Corporation

 


$239.9

 


178.3

 


$1.35

 


$337.1

 


177.5

 


$1.90

Average dilutive effect of:

 

 

 

 

 

 

 

 

 

 

 

 

     Stock options

 

 

 

0.1

 

 

 

 

0.4

 

(0.01) 

     Other equity plans

 

 

 

0.3

 

(0.01) 

 

 

 

0.1

 

 - 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$239.9

 

178.7

 

$1.34 

 

$337.1

 

178.0

 

$1.89

 

 

 

 

 

For the Nine Months Ended September 30,

 

 

2013

 

2012

 

 

(In Millions, Except Per Share Data)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

Income

 

Shares

 

$/share

 

Income

 

Shares

 

$/share

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to
Entergy Corporation

 


$565.0

 


178.2

 


$3.17 

 


$550.4

 


177.2

 


$3.11

Average dilutive effect of:

 

 

 

 

 

 

 

 

 

 

 

 

     Stock options

 

 

 

0.1

 

 

 

 

0.3

 

(0.01)

     Other equity plans

 

 

 

0.2

 

(0.01)

 

 

 

0.1

 

 - 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$565.0

 

178.5

 

$3.16 

 

$550.4

 

177.6

 

$3.10

 

 

The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 8.8 million and 6.2 million for the third quarters of 2013 and 2012, respectively. The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 8.9 million and 7.7 million for the nine months ended September 30, 2013 and 2012, respectively.

 

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

 

Treasury Stock

 

            During the nine months ended September 30, 2013, Entergy Corporation issued 498,426 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards.  Entergy Corporation did not repurchase any of its common stock during the nine months ended September 30, 2013.

 

Retained Earnings

 

            On October 25, 2013, Entergy Corporation's Board of Directors declared a common stock dividend of $0.83 per share, payable on December 2, 2013 to holders of record as of November 7, 2013.  

 

Comprehensive Income

 

            Accumulated other comprehensive loss is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  The following table presents changes in accumulated other comprehensive loss for Entergy for the three months ended September 30, 2013 by component:

 

 

Cash flow
hedges
net
unrealized
gain (loss)

 

Pension
and
other
postretirement
liabilities

 


Net
unrealized
investment
gains

 



Foreign
currency
translation

 

Total
Accumulated
Other
Comprehensive
Loss

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

Beginning balance, June 30, 2013

$31,520 

 

($571,138)

 

$262,891 

 

$2,424 

 

($274,303)

 

 

 

 

 

 

 

 

 

 

   Other comprehensive income (loss)
      before reclassifications


(9,838) 

 


 


45,647

 


706 

 


36,515 

   Amounts reclassified from
      accumulated other comprehensive 
      loss



(21,825)

 



15,430 

 



653

 



 



(5,742) 

Net other comprehensive income (loss) for the period


(31,663) 

 


15,430 

 


46,300

 


706 

 


30,773 

 

 

 

 

 

 

 

 

 

 

Ending balance, September 30, 2013

($143) 

 

($555,708)

 

$309,191  

 

$3,130 

 

($243,530)

 

            The following table presents changes in accumulated other comprehensive loss for Entergy for the nine months ended September 30, 2013 by component:

 

 

Cash flow
hedges
net
unrealized
gain (loss)

 

Pension
and
other
postretirement
liabilities

 


Net
unrealized
investment
gains

 



Foreign
currency
translation

 

Total
Accumulated
Other
Comprehensive
Loss

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

Beginning balance, December 31, 2012

$79,905 

 

($590,712)

 

$214,547 

 

$3,177 

 

($293,083)

 

 

 

 

 

 

 

 

 

 

   Other comprehensive income (loss)
      before reclassifications


(57,376)

 


 


95,843 

 


(47)

 


38,420 

   Amounts reclassified from
      accumulated other comprehensive 
      loss



(22,672)

 



35,004 

 



(1,199)

 



 



11,133 

Net other comprehensive income (loss) for the period


(80,048)

 


35,004 

 


94,644 

 


(47)

 


49,553 

 

 

 

 

 

 

 

 

 

 

Ending balance, September 30, 2013

($143) 

 

($555,708)

 

$309,191  

 

$3,130 

 

($243,530)

 

 

           

The following table presents changes in accumulated other comprehensive loss for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended September 30, 2013:

 

 

 

Pension and Other
Postretirement Liabilities

 

 

 

Entergy
Gulf States
Louisiana

 



Entergy
Louisiana

 

 

(In Thousands)

 

 

 

 

 

Beginning balance June 30, 2013

 

($63,312)

 

($44,771)

 

 

 

 

 

Amounts reclassified from accumulated other
     comprehensive income

 


963 

 


684 

Net other comprehensive income for the period

 

963 

 

684 

 

 

 

 

 

Ending balance, September 30, 2013

 

($62,349)

 

($44,087)

 

            The following table presents changes in accumulated other comprehensive loss for Entergy Gulf States Louisiana and Entergy Louisiana for the nine months ended September 30, 2013:

 

 

 

Pension and Other
Postretirement Liabilities

 

 

 

Entergy
Gulf States
Louisiana

 



Entergy
Louisiana

 

 

(In Thousands)

 

 

 

 

 

Beginning balance, December 31, 2012

 

($65,229)

 

($46,132)

 

 

 

 

 

Amounts reclassified from accumulated other
     comprehensive income

 


2,880 

 


2,045 

Net other comprehensive income for the period

 

2,880 

 

2,045 

 

 

 

 

 

Ending balance, September 30, 2013

 

($62,349)

 

($44,087)

 

 

          

            Total reclassifications out of accumulated other comprehensive loss (AOCI) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended September 30, 2013 are as follows:

 

 

 

Amounts reclassified
from AOCI

 

 

 

 

 

Entergy
Gulf States
Louisiana

 



Entergy
Louisiana

 




Income Statement Location

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

Pension and other postretirement liabilities

 

 

 

 

 

 

      Amortization of prior-service costs

 

$206 

 

$62 

 

(a)

      Amortization of loss

 

(1,947)

 

(1,288)

 

(a)

Total amortization

 

(1,741)

 

(1,226)

 

 

 

 

778 

 

542 

 

Income taxes

Total amortization (net of tax)

 

(963)

 

(684)

 

 

 

 

 

 

 

 

 

Total reclassifications for the period (net of tax)

 

($963)

 

($684)

 

 

 

(a)

These accumulated other comprehensive loss components are included in the computation of net periodic pension cost.  See Note 6 to the financial statements for additional details.

 

            Total reclassifications out of accumulated other comprehensive loss (AOCI) for Entergy Gulf States Louisiana and Entergy Louisiana for the nine months ended September 30, 2013 are as follows:

 

 

 

Amounts reclassified
from AOCI

 

 

 

 

 

Entergy
Gulf States
Louisiana

 



Entergy
Louisiana

 




Income Statement Location

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

Pension and other postretirement liabilities

 

 

 

 

 

 

      Amortization of prior-service costs

 

$617 

 

$186 

 

(a)

      Amortization of loss

 

(5,839)

 

(3,862)

 

(a)

Total amortization

 

(5,222)

 

(3,676)

 

 

 

 

2,342 

 

1,631 

 

Income taxes

Total amortization (net of tax)

 

(2,880)

 

(2,045)

 

 

 

 

 

 

 

 

 

Total reclassifications for the period (net of tax)

 

($2,880)

 

($2,045)

 

 

 

(a)

These accumulated other comprehensive loss components are included in the computation of net periodic pension cost.  See Note 6 to the financial statements for additional details.

Entergy Louisiana [Member]
 
Equity

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

 

Common Stock

 

Earnings per Share

 

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

 

 

 

For the Three Months Ended September 30,

 

 

2013

 

2012

 

 

(In Millions, Except Per Share Data)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

Income

 

Shares

 

$/share

 

Income

 

Shares

 

$/share

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to
Entergy Corporation

 


$239.9

 


178.3

 


$1.35

 


$337.1

 


177.5

 


$1.90

Average dilutive effect of:

 

 

 

 

 

 

 

 

 

 

 

 

     Stock options

 

 

 

0.1

 

 

 

 

0.4

 

(0.01) 

     Other equity plans

 

 

 

0.3

 

(0.01) 

 

 

 

0.1

 

 - 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$239.9

 

178.7

 

$1.34 

 

$337.1

 

178.0

 

$1.89

 

 

 

 

 

For the Nine Months Ended September 30,

 

 

2013

 

2012

 

 

(In Millions, Except Per Share Data)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

Income

 

Shares

 

$/share

 

Income

 

Shares

 

$/share

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to
Entergy Corporation

 


$565.0

 


178.2

 


$3.17 

 


$550.4

 


177.2

 


$3.11

Average dilutive effect of:

 

 

 

 

 

 

 

 

 

 

 

 

     Stock options

 

 

 

0.1

 

 

 

 

0.3

 

(0.01)

     Other equity plans

 

 

 

0.2

 

(0.01)

 

 

 

0.1

 

 - 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$565.0

 

178.5

 

$3.16 

 

$550.4

 

177.6

 

$3.10

 

 

The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 8.8 million and 6.2 million for the third quarters of 2013 and 2012, respectively. The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 8.9 million and 7.7 million for the nine months ended September 30, 2013 and 2012, respectively.

 

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

 

Treasury Stock

 

            During the nine months ended September 30, 2013, Entergy Corporation issued 498,426 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards.  Entergy Corporation did not repurchase any of its common stock during the nine months ended September 30, 2013.

 

Retained Earnings

 

            On October 25, 2013, Entergy Corporation's Board of Directors declared a common stock dividend of $0.83 per share, payable on December 2, 2013 to holders of record as of November 7, 2013.  

 

Comprehensive Income

 

            Accumulated other comprehensive loss is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  The following table presents changes in accumulated other comprehensive loss for Entergy for the three months ended September 30, 2013 by component:

 

 

Cash flow
hedges
net
unrealized
gain (loss)

 

Pension
and
other
postretirement
liabilities

 


Net
unrealized
investment
gains

 



Foreign
currency
translation

 

Total
Accumulated
Other
Comprehensive
Loss

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

Beginning balance, June 30, 2013

$31,520 

 

($571,138)

 

$262,891 

 

$2,424 

 

($274,303)

 

 

 

 

 

 

 

 

 

 

   Other comprehensive income (loss)
      before reclassifications


(9,838) 

 


 


45,647

 


706 

 


36,515 

   Amounts reclassified from
      accumulated other comprehensive 
      loss



(21,825)

 



15,430 

 



653

 



 



(5,742) 

Net other comprehensive income (loss) for the period


(31,663) 

 


15,430 

 


46,300

 


706 

 


30,773 

 

 

 

 

 

 

 

 

 

 

Ending balance, September 30, 2013

($143) 

 

($555,708)

 

$309,191  

 

$3,130 

 

($243,530)

 

            The following table presents changes in accumulated other comprehensive loss for Entergy for the nine months ended September 30, 2013 by component:

 

 

Cash flow
hedges
net
unrealized
gain (loss)

 

Pension
and
other
postretirement
liabilities

 


Net
unrealized
investment
gains

 



Foreign
currency
translation

 

Total
Accumulated
Other
Comprehensive
Loss

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

Beginning balance, December 31, 2012

$79,905 

 

($590,712)

 

$214,547 

 

$3,177 

 

($293,083)

 

 

 

 

 

 

 

 

 

 

   Other comprehensive income (loss)
      before reclassifications


(57,376)

 


 


95,843 

 


(47)

 


38,420 

   Amounts reclassified from
      accumulated other comprehensive 
      loss



(22,672)

 



35,004 

 



(1,199)

 



 



11,133 

Net other comprehensive income (loss) for the period


(80,048)

 


35,004 

 


94,644 

 


(47)

 


49,553 

 

 

 

 

 

 

 

 

 

 

Ending balance, September 30, 2013

($143) 

 

($555,708)

 

$309,191  

 

$3,130 

 

($243,530)

 

 

           

The following table presents changes in accumulated other comprehensive loss for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended September 30, 2013:

 

 

 

Pension and Other
Postretirement Liabilities

 

 

 

Entergy
Gulf States
Louisiana

 



Entergy
Louisiana

 

 

(In Thousands)

 

 

 

 

 

Beginning balance June 30, 2013

 

($63,312)

 

($44,771)

 

 

 

 

 

Amounts reclassified from accumulated other
     comprehensive income

 


963 

 


684 

Net other comprehensive income for the period

 

963 

 

684 

 

 

 

 

 

Ending balance, September 30, 2013

 

($62,349)

 

($44,087)

 

            The following table presents changes in accumulated other comprehensive loss for Entergy Gulf States Louisiana and Entergy Louisiana for the nine months ended September 30, 2013:

 

 

 

Pension and Other
Postretirement Liabilities

 

 

 

Entergy
Gulf States
Louisiana

 



Entergy
Louisiana

 

 

(In Thousands)

 

 

 

 

 

Beginning balance, December 31, 2012

 

($65,229)

 

($46,132)

 

 

 

 

 

Amounts reclassified from accumulated other
     comprehensive income

 


2,880 

 


2,045 

Net other comprehensive income for the period

 

2,880 

 

2,045 

 

 

 

 

 

Ending balance, September 30, 2013

 

($62,349)

 

($44,087)

 

 

          

            Total reclassifications out of accumulated other comprehensive loss (AOCI) for Entergy Gulf States Louisiana and Entergy Louisiana for the three months ended September 30, 2013 are as follows:

 

 

 

Amounts reclassified
from AOCI

 

 

 

 

 

Entergy
Gulf States
Louisiana

 



Entergy
Louisiana

 




Income Statement Location

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

Pension and other postretirement liabilities

 

 

 

 

 

 

      Amortization of prior-service costs

 

$206 

 

$62 

 

(a)

      Amortization of loss

 

(1,947)

 

(1,288)

 

(a)

Total amortization

 

(1,741)

 

(1,226)

 

 

 

 

778 

 

542 

 

Income taxes

Total amortization (net of tax)

 

(963)

 

(684)

 

 

 

 

 

 

 

 

 

Total reclassifications for the period (net of tax)

 

($963)

 

($684)

 

 

 

(a)

These accumulated other comprehensive loss components are included in the computation of net periodic pension cost.  See Note 6 to the financial statements for additional details.

 

            Total reclassifications out of accumulated other comprehensive loss (AOCI) for Entergy Gulf States Louisiana and Entergy Louisiana for the nine months ended September 30, 2013 are as follows:

 

 

 

Amounts reclassified
from AOCI

 

 

 

 

 

Entergy
Gulf States
Louisiana

 



Entergy
Louisiana

 




Income Statement Location

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

Pension and other postretirement liabilities

 

 

 

 

 

 

      Amortization of prior-service costs

 

$617 

 

$186 

 

(a)

      Amortization of loss

 

(5,839)

 

(3,862)

 

(a)

Total amortization

 

(5,222)

 

(3,676)

 

 

 

 

2,342 

 

1,631 

 

Income taxes

Total amortization (net of tax)

 

(2,880)

 

(2,045)

 

 

 

 

 

 

 

 

 

Total reclassifications for the period (net of tax)

 

($2,880)

 

($2,045)

 

 

 

(a)

These accumulated other comprehensive loss components are included in the computation of net periodic pension cost.  See Note 6 to the financial statements for additional details.