Quarterly Financial Data

12 Months Ended

Dec. 31, 2014

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2014 and 2013 for Entergy Corporation and subsidiaries were:

	Operating Revenues		Operating Income		Consolidated Net Income		Net Income Attributable to Entergy Corporation
	(In Thousands)
2014:
First Quarter		$3,208,843		$739,877		$406,053		$401,174
Second Quarter		$2,996,650		$454,477		$194,281		$189,383
Third Quarter		$3,458,110		$492,859		$234,916		$230,037
Fourth Quarter		$2,831,318		$319,674		$125,006		$120,127
2013:
First Quarter		$2,608,874		$394,045		$166,982		$161,400
Second Quarter		$2,738,208		$346,512		$168,055		$163,723
Third Quarter		$3,351,959		$388,894		$244,182		$239,850
Fourth Quarter		$2,691,906		$225,548		$151,353		$146,929

Earnings per Average Common Share

	2014				2013
	Basic		Diluted		Basic		Diluted
First Quarter		$2.24		$2.24		$0.91		$0.90
Second Quarter		$1.06		$1.05		$0.92		$0.92
Third Quarter		$1.28		$1.27		$1.35		$1.34
Fourth Quarter		$0.67		$0.66		$0.82		$0.82

As discussed in more detail in Note 1 to the financial statements, operating results for 2014 include $154 million ($100 million after-tax) of charges related to Vermont Yankee primarily resulting from the effects of an updated decommissioning cost study completed in the third quarter 2014 along with reassessment of assumptions regarding the timing of decommissioning cash flows and severance and employee retention costs. Results of operations for 2014 also include the $56.2 million ($36.7 million after-tax) write-off of Entergy Mississippi’s regulatory asset associated with new nuclear generation development costs as a result of a joint stipulation entered into with the Mississippi Public Utilities Staff, subsequently approved by the MPSC, in which Entergy Mississippi agreed not to pursue recovery of the costs deferred by an MPSC order in the new nuclear generation docket. See Note 2 to the financial statements for further discussion of the new nuclear generation development costs and the joint stipulation.

Results of operations for 2013 include $322 million ($202 million after-tax) of impairment and other related charges primarily to write down the carrying value of Vermont Yankee and related assets to their fair values. See Note 1 to the financial statements for further discussion of the charges. Also, as discussed in more detail in Note 13 to the financial statements, operating results include approximately $110 million ($70 million after-tax) in costs in 2013 associated with the human capital management strategic imperative, primarily implementation costs, severance expenses, pension curtailment losses, and special termination benefits expense. In December 2013, Entergy deferred for future recovery approximately $45 million ($30 million after-tax) of these costs in the Arkansas and Louisiana jurisdictions, as approved by the APSC and the LPSC, respectively.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter.  Operating results for the Registrant Subsidiaries for the four quarters of 2014 and 2013 were:

Operating Revenues

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$514,981		$513,295		$623,494		$348,196		$186,567		$440,256		$157,667
Second Quarter		$511,522		$554,034		$736,408		$370,638		$169,989		$482,932		$163,830
Third Quarter		$627,153		$610,493		$870,181		$425,341		$182,971		$528,508		$172,151
Fourth Quarter		$518,735		$473,104		$595,798		$380,018		$150,558		$400,286		$170,716
2013:
First Quarter		$542,392		$419,955		$606,085		$291,641		$146,466		$306,173		$168,578
Second Quarter		$508,653		$492,361		$635,805		$326,039		$142,841		$455,100		$172,177
Third Quarter		$647,671		$558,331		$782,789		$397,833		$178,641		$526,978		$192,679
Fourth Quarter		$491,443		$470,486		$602,256		$319,027		$152,208		$440,548		$201,655

Operating Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans			Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$66,360		$82,576		$85,057		$57,132		$15,281			$43,056		$52,029
Second Quarter		$68,970		$70,350		$100,176		$59,063		$12,862			$53,158		$56,547
Third Quarter		$115,357		$96,698		$160,595		$9,403		$24,866			$82,911		$58,484
Fourth Quarter		$19,317		$43,766		$38,615		$61,162		($539	)		$29,590		$54,056
2013:
First Quarter		$43,314		$52,083		$64,728		$37,123		$4,272			$26,277		$52,052
Second Quarter		$80,942		$53,856		$88,691		$46,809		$3,627			$38,355		$51,632
Third Quarter		$157,681		$85,284		$145,847		$70,186		$15,895			$79,430		$52,029
Fourth Quarter		$23,123		$56,114		$56,128		$36,112		$3,070			$30,071		$47,367

Net Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$28,370		$46,472		$58,378		$25,839			$8,294		$13,165		$24,619
Second Quarter		$29,005		$36,171		$69,667		$26,564			$6,374		$18,585		$25,931
Third Quarter		$62,980		$55,535		$123,821		($6,464	)		$13,932		$39,559		$26,730
Fourth Quarter		$1,037		$24,313		$31,665		$28,882			$107		$3,495		$19,054
2013:
First Quarter		$14,719		$27,165		$45,376		$13,934			$1,307		$922		$28,006
Second Quarter		$40,483		$29,720		$61,377		$18,954			$598		$10,953		$27,734
Third Quarter		$82,577		$62,642		$100,597		$33,813			$8,086		$35,801		$35,105
Fourth Quarter		$24,169		$42,135		$45,114		$15,458			$1,692		$10,205		$22,819

Earnings (Loss) Applicable to Common Equity

	Entergy Arkansas			Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans
	(In Thousands)
2014:
First Quarter		$26,652			$46,266		$56,640		$25,132			$8,053
Second Quarter		$27,287			$35,962		$67,910		$25,857			$6,133
Third Quarter		$61,262			$55,329		$122,083		($7,171	)		$13,691
Fourth Quarter		($682	)		$24,107		$29,929		$28,175			($135	)
2013:
First Quarter		$13,001			$26,959		$43,638		$13,227			$1,066
Second Quarter		$38,765			$29,514		$59,639		$18,247			$357
Third Quarter		$80,859			$62,436		$98,859		$33,106			$7,845
Fourth Quarter		$22,450			$41,928		$43,378		$14,751			$1,450

Entergy Arkansas [Member]

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2014 and 2013 for Entergy Corporation and subsidiaries were:

	Operating Revenues		Operating Income		Consolidated Net Income		Net Income Attributable to Entergy Corporation
	(In Thousands)
2014:
First Quarter		$3,208,843		$739,877		$406,053		$401,174
Second Quarter		$2,996,650		$454,477		$194,281		$189,383
Third Quarter		$3,458,110		$492,859		$234,916		$230,037
Fourth Quarter		$2,831,318		$319,674		$125,006		$120,127
2013:
First Quarter		$2,608,874		$394,045		$166,982		$161,400
Second Quarter		$2,738,208		$346,512		$168,055		$163,723
Third Quarter		$3,351,959		$388,894		$244,182		$239,850
Fourth Quarter		$2,691,906		$225,548		$151,353		$146,929

Earnings per Average Common Share

	2014				2013
	Basic		Diluted		Basic		Diluted
First Quarter		$2.24		$2.24		$0.91		$0.90
Second Quarter		$1.06		$1.05		$0.92		$0.92
Third Quarter		$1.28		$1.27		$1.35		$1.34
Fourth Quarter		$0.67		$0.66		$0.82		$0.82

As discussed in more detail in Note 1 to the financial statements, operating results for 2014 include $154 million ($100 million after-tax) of charges related to Vermont Yankee primarily resulting from the effects of an updated decommissioning cost study completed in the third quarter 2014 along with reassessment of assumptions regarding the timing of decommissioning cash flows and severance and employee retention costs. Results of operations for 2014 also include the $56.2 million ($36.7 million after-tax) write-off of Entergy Mississippi’s regulatory asset associated with new nuclear generation development costs as a result of a joint stipulation entered into with the Mississippi Public Utilities Staff, subsequently approved by the MPSC, in which Entergy Mississippi agreed not to pursue recovery of the costs deferred by an MPSC order in the new nuclear generation docket. See Note 2 to the financial statements for further discussion of the new nuclear generation development costs and the joint stipulation.

Results of operations for 2013 include $322 million ($202 million after-tax) of impairment and other related charges primarily to write down the carrying value of Vermont Yankee and related assets to their fair values. See Note 1 to the financial statements for further discussion of the charges. Also, as discussed in more detail in Note 13 to the financial statements, operating results include approximately $110 million ($70 million after-tax) in costs in 2013 associated with the human capital management strategic imperative, primarily implementation costs, severance expenses, pension curtailment losses, and special termination benefits expense. In December 2013, Entergy deferred for future recovery approximately $45 million ($30 million after-tax) of these costs in the Arkansas and Louisiana jurisdictions, as approved by the APSC and the LPSC, respectively.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter.  Operating results for the Registrant Subsidiaries for the four quarters of 2014 and 2013 were:

Operating Revenues

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$514,981		$513,295		$623,494		$348,196		$186,567		$440,256		$157,667
Second Quarter		$511,522		$554,034		$736,408		$370,638		$169,989		$482,932		$163,830
Third Quarter		$627,153		$610,493		$870,181		$425,341		$182,971		$528,508		$172,151
Fourth Quarter		$518,735		$473,104		$595,798		$380,018		$150,558		$400,286		$170,716
2013:
First Quarter		$542,392		$419,955		$606,085		$291,641		$146,466		$306,173		$168,578
Second Quarter		$508,653		$492,361		$635,805		$326,039		$142,841		$455,100		$172,177
Third Quarter		$647,671		$558,331		$782,789		$397,833		$178,641		$526,978		$192,679
Fourth Quarter		$491,443		$470,486		$602,256		$319,027		$152,208		$440,548		$201,655

Operating Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans			Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$66,360		$82,576		$85,057		$57,132		$15,281			$43,056		$52,029
Second Quarter		$68,970		$70,350		$100,176		$59,063		$12,862			$53,158		$56,547
Third Quarter		$115,357		$96,698		$160,595		$9,403		$24,866			$82,911		$58,484
Fourth Quarter		$19,317		$43,766		$38,615		$61,162		($539	)		$29,590		$54,056
2013:
First Quarter		$43,314		$52,083		$64,728		$37,123		$4,272			$26,277		$52,052
Second Quarter		$80,942		$53,856		$88,691		$46,809		$3,627			$38,355		$51,632
Third Quarter		$157,681		$85,284		$145,847		$70,186		$15,895			$79,430		$52,029
Fourth Quarter		$23,123		$56,114		$56,128		$36,112		$3,070			$30,071		$47,367

Net Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$28,370		$46,472		$58,378		$25,839			$8,294		$13,165		$24,619
Second Quarter		$29,005		$36,171		$69,667		$26,564			$6,374		$18,585		$25,931
Third Quarter		$62,980		$55,535		$123,821		($6,464	)		$13,932		$39,559		$26,730
Fourth Quarter		$1,037		$24,313		$31,665		$28,882			$107		$3,495		$19,054
2013:
First Quarter		$14,719		$27,165		$45,376		$13,934			$1,307		$922		$28,006
Second Quarter		$40,483		$29,720		$61,377		$18,954			$598		$10,953		$27,734
Third Quarter		$82,577		$62,642		$100,597		$33,813			$8,086		$35,801		$35,105
Fourth Quarter		$24,169		$42,135		$45,114		$15,458			$1,692		$10,205		$22,819

Earnings (Loss) Applicable to Common Equity

	Entergy Arkansas			Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans
	(In Thousands)
2014:
First Quarter		$26,652			$46,266		$56,640		$25,132			$8,053
Second Quarter		$27,287			$35,962		$67,910		$25,857			$6,133
Third Quarter		$61,262			$55,329		$122,083		($7,171	)		$13,691
Fourth Quarter		($682	)		$24,107		$29,929		$28,175			($135	)
2013:
First Quarter		$13,001			$26,959		$43,638		$13,227			$1,066
Second Quarter		$38,765			$29,514		$59,639		$18,247			$357
Third Quarter		$80,859			$62,436		$98,859		$33,106			$7,845
Fourth Quarter		$22,450			$41,928		$43,378		$14,751			$1,450

Entergy Gulf States Louisiana [Member]

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2014 and 2013 for Entergy Corporation and subsidiaries were:

	Operating Revenues		Operating Income		Consolidated Net Income		Net Income Attributable to Entergy Corporation
	(In Thousands)
2014:
First Quarter		$3,208,843		$739,877		$406,053		$401,174
Second Quarter		$2,996,650		$454,477		$194,281		$189,383
Third Quarter		$3,458,110		$492,859		$234,916		$230,037
Fourth Quarter		$2,831,318		$319,674		$125,006		$120,127
2013:
First Quarter		$2,608,874		$394,045		$166,982		$161,400
Second Quarter		$2,738,208		$346,512		$168,055		$163,723
Third Quarter		$3,351,959		$388,894		$244,182		$239,850
Fourth Quarter		$2,691,906		$225,548		$151,353		$146,929

Earnings per Average Common Share

	2014				2013
	Basic		Diluted		Basic		Diluted
First Quarter		$2.24		$2.24		$0.91		$0.90
Second Quarter		$1.06		$1.05		$0.92		$0.92
Third Quarter		$1.28		$1.27		$1.35		$1.34
Fourth Quarter		$0.67		$0.66		$0.82		$0.82

As discussed in more detail in Note 1 to the financial statements, operating results for 2014 include $154 million ($100 million after-tax) of charges related to Vermont Yankee primarily resulting from the effects of an updated decommissioning cost study completed in the third quarter 2014 along with reassessment of assumptions regarding the timing of decommissioning cash flows and severance and employee retention costs. Results of operations for 2014 also include the $56.2 million ($36.7 million after-tax) write-off of Entergy Mississippi’s regulatory asset associated with new nuclear generation development costs as a result of a joint stipulation entered into with the Mississippi Public Utilities Staff, subsequently approved by the MPSC, in which Entergy Mississippi agreed not to pursue recovery of the costs deferred by an MPSC order in the new nuclear generation docket. See Note 2 to the financial statements for further discussion of the new nuclear generation development costs and the joint stipulation.

Results of operations for 2013 include $322 million ($202 million after-tax) of impairment and other related charges primarily to write down the carrying value of Vermont Yankee and related assets to their fair values. See Note 1 to the financial statements for further discussion of the charges. Also, as discussed in more detail in Note 13 to the financial statements, operating results include approximately $110 million ($70 million after-tax) in costs in 2013 associated with the human capital management strategic imperative, primarily implementation costs, severance expenses, pension curtailment losses, and special termination benefits expense. In December 2013, Entergy deferred for future recovery approximately $45 million ($30 million after-tax) of these costs in the Arkansas and Louisiana jurisdictions, as approved by the APSC and the LPSC, respectively.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter.  Operating results for the Registrant Subsidiaries for the four quarters of 2014 and 2013 were:

Operating Revenues

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$514,981		$513,295		$623,494		$348,196		$186,567		$440,256		$157,667
Second Quarter		$511,522		$554,034		$736,408		$370,638		$169,989		$482,932		$163,830
Third Quarter		$627,153		$610,493		$870,181		$425,341		$182,971		$528,508		$172,151
Fourth Quarter		$518,735		$473,104		$595,798		$380,018		$150,558		$400,286		$170,716
2013:
First Quarter		$542,392		$419,955		$606,085		$291,641		$146,466		$306,173		$168,578
Second Quarter		$508,653		$492,361		$635,805		$326,039		$142,841		$455,100		$172,177
Third Quarter		$647,671		$558,331		$782,789		$397,833		$178,641		$526,978		$192,679
Fourth Quarter		$491,443		$470,486		$602,256		$319,027		$152,208		$440,548		$201,655

Operating Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans			Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$66,360		$82,576		$85,057		$57,132		$15,281			$43,056		$52,029
Second Quarter		$68,970		$70,350		$100,176		$59,063		$12,862			$53,158		$56,547
Third Quarter		$115,357		$96,698		$160,595		$9,403		$24,866			$82,911		$58,484
Fourth Quarter		$19,317		$43,766		$38,615		$61,162		($539	)		$29,590		$54,056
2013:
First Quarter		$43,314		$52,083		$64,728		$37,123		$4,272			$26,277		$52,052
Second Quarter		$80,942		$53,856		$88,691		$46,809		$3,627			$38,355		$51,632
Third Quarter		$157,681		$85,284		$145,847		$70,186		$15,895			$79,430		$52,029
Fourth Quarter		$23,123		$56,114		$56,128		$36,112		$3,070			$30,071		$47,367

Net Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$28,370		$46,472		$58,378		$25,839			$8,294		$13,165		$24,619
Second Quarter		$29,005		$36,171		$69,667		$26,564			$6,374		$18,585		$25,931
Third Quarter		$62,980		$55,535		$123,821		($6,464	)		$13,932		$39,559		$26,730
Fourth Quarter		$1,037		$24,313		$31,665		$28,882			$107		$3,495		$19,054
2013:
First Quarter		$14,719		$27,165		$45,376		$13,934			$1,307		$922		$28,006
Second Quarter		$40,483		$29,720		$61,377		$18,954			$598		$10,953		$27,734
Third Quarter		$82,577		$62,642		$100,597		$33,813			$8,086		$35,801		$35,105
Fourth Quarter		$24,169		$42,135		$45,114		$15,458			$1,692		$10,205		$22,819

Earnings (Loss) Applicable to Common Equity

	Entergy Arkansas			Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans
	(In Thousands)
2014:
First Quarter		$26,652			$46,266		$56,640		$25,132			$8,053
Second Quarter		$27,287			$35,962		$67,910		$25,857			$6,133
Third Quarter		$61,262			$55,329		$122,083		($7,171	)		$13,691
Fourth Quarter		($682	)		$24,107		$29,929		$28,175			($135	)
2013:
First Quarter		$13,001			$26,959		$43,638		$13,227			$1,066
Second Quarter		$38,765			$29,514		$59,639		$18,247			$357
Third Quarter		$80,859			$62,436		$98,859		$33,106			$7,845
Fourth Quarter		$22,450			$41,928		$43,378		$14,751			$1,450

Entergy Louisiana [Member]

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2014 and 2013 for Entergy Corporation and subsidiaries were:

	Operating Revenues		Operating Income		Consolidated Net Income		Net Income Attributable to Entergy Corporation
	(In Thousands)
2014:
First Quarter		$3,208,843		$739,877		$406,053		$401,174
Second Quarter		$2,996,650		$454,477		$194,281		$189,383
Third Quarter		$3,458,110		$492,859		$234,916		$230,037
Fourth Quarter		$2,831,318		$319,674		$125,006		$120,127
2013:
First Quarter		$2,608,874		$394,045		$166,982		$161,400
Second Quarter		$2,738,208		$346,512		$168,055		$163,723
Third Quarter		$3,351,959		$388,894		$244,182		$239,850
Fourth Quarter		$2,691,906		$225,548		$151,353		$146,929

Earnings per Average Common Share

	2014				2013
	Basic		Diluted		Basic		Diluted
First Quarter		$2.24		$2.24		$0.91		$0.90
Second Quarter		$1.06		$1.05		$0.92		$0.92
Third Quarter		$1.28		$1.27		$1.35		$1.34
Fourth Quarter		$0.67		$0.66		$0.82		$0.82

As discussed in more detail in Note 1 to the financial statements, operating results for 2014 include $154 million ($100 million after-tax) of charges related to Vermont Yankee primarily resulting from the effects of an updated decommissioning cost study completed in the third quarter 2014 along with reassessment of assumptions regarding the timing of decommissioning cash flows and severance and employee retention costs. Results of operations for 2014 also include the $56.2 million ($36.7 million after-tax) write-off of Entergy Mississippi’s regulatory asset associated with new nuclear generation development costs as a result of a joint stipulation entered into with the Mississippi Public Utilities Staff, subsequently approved by the MPSC, in which Entergy Mississippi agreed not to pursue recovery of the costs deferred by an MPSC order in the new nuclear generation docket. See Note 2 to the financial statements for further discussion of the new nuclear generation development costs and the joint stipulation.

Results of operations for 2013 include $322 million ($202 million after-tax) of impairment and other related charges primarily to write down the carrying value of Vermont Yankee and related assets to their fair values. See Note 1 to the financial statements for further discussion of the charges. Also, as discussed in more detail in Note 13 to the financial statements, operating results include approximately $110 million ($70 million after-tax) in costs in 2013 associated with the human capital management strategic imperative, primarily implementation costs, severance expenses, pension curtailment losses, and special termination benefits expense. In December 2013, Entergy deferred for future recovery approximately $45 million ($30 million after-tax) of these costs in the Arkansas and Louisiana jurisdictions, as approved by the APSC and the LPSC, respectively.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter.  Operating results for the Registrant Subsidiaries for the four quarters of 2014 and 2013 were:

Operating Revenues

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$514,981		$513,295		$623,494		$348,196		$186,567		$440,256		$157,667
Second Quarter		$511,522		$554,034		$736,408		$370,638		$169,989		$482,932		$163,830
Third Quarter		$627,153		$610,493		$870,181		$425,341		$182,971		$528,508		$172,151
Fourth Quarter		$518,735		$473,104		$595,798		$380,018		$150,558		$400,286		$170,716
2013:
First Quarter		$542,392		$419,955		$606,085		$291,641		$146,466		$306,173		$168,578
Second Quarter		$508,653		$492,361		$635,805		$326,039		$142,841		$455,100		$172,177
Third Quarter		$647,671		$558,331		$782,789		$397,833		$178,641		$526,978		$192,679
Fourth Quarter		$491,443		$470,486		$602,256		$319,027		$152,208		$440,548		$201,655

Operating Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans			Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$66,360		$82,576		$85,057		$57,132		$15,281			$43,056		$52,029
Second Quarter		$68,970		$70,350		$100,176		$59,063		$12,862			$53,158		$56,547
Third Quarter		$115,357		$96,698		$160,595		$9,403		$24,866			$82,911		$58,484
Fourth Quarter		$19,317		$43,766		$38,615		$61,162		($539	)		$29,590		$54,056
2013:
First Quarter		$43,314		$52,083		$64,728		$37,123		$4,272			$26,277		$52,052
Second Quarter		$80,942		$53,856		$88,691		$46,809		$3,627			$38,355		$51,632
Third Quarter		$157,681		$85,284		$145,847		$70,186		$15,895			$79,430		$52,029
Fourth Quarter		$23,123		$56,114		$56,128		$36,112		$3,070			$30,071		$47,367

Net Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$28,370		$46,472		$58,378		$25,839			$8,294		$13,165		$24,619
Second Quarter		$29,005		$36,171		$69,667		$26,564			$6,374		$18,585		$25,931
Third Quarter		$62,980		$55,535		$123,821		($6,464	)		$13,932		$39,559		$26,730
Fourth Quarter		$1,037		$24,313		$31,665		$28,882			$107		$3,495		$19,054
2013:
First Quarter		$14,719		$27,165		$45,376		$13,934			$1,307		$922		$28,006
Second Quarter		$40,483		$29,720		$61,377		$18,954			$598		$10,953		$27,734
Third Quarter		$82,577		$62,642		$100,597		$33,813			$8,086		$35,801		$35,105
Fourth Quarter		$24,169		$42,135		$45,114		$15,458			$1,692		$10,205		$22,819

Earnings (Loss) Applicable to Common Equity

	Entergy Arkansas			Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans
	(In Thousands)
2014:
First Quarter		$26,652			$46,266		$56,640		$25,132			$8,053
Second Quarter		$27,287			$35,962		$67,910		$25,857			$6,133
Third Quarter		$61,262			$55,329		$122,083		($7,171	)		$13,691
Fourth Quarter		($682	)		$24,107		$29,929		$28,175			($135	)
2013:
First Quarter		$13,001			$26,959		$43,638		$13,227			$1,066
Second Quarter		$38,765			$29,514		$59,639		$18,247			$357
Third Quarter		$80,859			$62,436		$98,859		$33,106			$7,845
Fourth Quarter		$22,450			$41,928		$43,378		$14,751			$1,450

Entergy Mississippi [Member]

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2014 and 2013 for Entergy Corporation and subsidiaries were:

	Operating Revenues		Operating Income		Consolidated Net Income		Net Income Attributable to Entergy Corporation
	(In Thousands)
2014:
First Quarter		$3,208,843		$739,877		$406,053		$401,174
Second Quarter		$2,996,650		$454,477		$194,281		$189,383
Third Quarter		$3,458,110		$492,859		$234,916		$230,037
Fourth Quarter		$2,831,318		$319,674		$125,006		$120,127
2013:
First Quarter		$2,608,874		$394,045		$166,982		$161,400
Second Quarter		$2,738,208		$346,512		$168,055		$163,723
Third Quarter		$3,351,959		$388,894		$244,182		$239,850
Fourth Quarter		$2,691,906		$225,548		$151,353		$146,929

Earnings per Average Common Share

	2014				2013
	Basic		Diluted		Basic		Diluted
First Quarter		$2.24		$2.24		$0.91		$0.90
Second Quarter		$1.06		$1.05		$0.92		$0.92
Third Quarter		$1.28		$1.27		$1.35		$1.34
Fourth Quarter		$0.67		$0.66		$0.82		$0.82

As discussed in more detail in Note 1 to the financial statements, operating results for 2014 include $154 million ($100 million after-tax) of charges related to Vermont Yankee primarily resulting from the effects of an updated decommissioning cost study completed in the third quarter 2014 along with reassessment of assumptions regarding the timing of decommissioning cash flows and severance and employee retention costs. Results of operations for 2014 also include the $56.2 million ($36.7 million after-tax) write-off of Entergy Mississippi’s regulatory asset associated with new nuclear generation development costs as a result of a joint stipulation entered into with the Mississippi Public Utilities Staff, subsequently approved by the MPSC, in which Entergy Mississippi agreed not to pursue recovery of the costs deferred by an MPSC order in the new nuclear generation docket. See Note 2 to the financial statements for further discussion of the new nuclear generation development costs and the joint stipulation.

Results of operations for 2013 include $322 million ($202 million after-tax) of impairment and other related charges primarily to write down the carrying value of Vermont Yankee and related assets to their fair values. See Note 1 to the financial statements for further discussion of the charges. Also, as discussed in more detail in Note 13 to the financial statements, operating results include approximately $110 million ($70 million after-tax) in costs in 2013 associated with the human capital management strategic imperative, primarily implementation costs, severance expenses, pension curtailment losses, and special termination benefits expense. In December 2013, Entergy deferred for future recovery approximately $45 million ($30 million after-tax) of these costs in the Arkansas and Louisiana jurisdictions, as approved by the APSC and the LPSC, respectively.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter.  Operating results for the Registrant Subsidiaries for the four quarters of 2014 and 2013 were:

Operating Revenues

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$514,981		$513,295		$623,494		$348,196		$186,567		$440,256		$157,667
Second Quarter		$511,522		$554,034		$736,408		$370,638		$169,989		$482,932		$163,830
Third Quarter		$627,153		$610,493		$870,181		$425,341		$182,971		$528,508		$172,151
Fourth Quarter		$518,735		$473,104		$595,798		$380,018		$150,558		$400,286		$170,716
2013:
First Quarter		$542,392		$419,955		$606,085		$291,641		$146,466		$306,173		$168,578
Second Quarter		$508,653		$492,361		$635,805		$326,039		$142,841		$455,100		$172,177
Third Quarter		$647,671		$558,331		$782,789		$397,833		$178,641		$526,978		$192,679
Fourth Quarter		$491,443		$470,486		$602,256		$319,027		$152,208		$440,548		$201,655

Operating Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans			Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$66,360		$82,576		$85,057		$57,132		$15,281			$43,056		$52,029
Second Quarter		$68,970		$70,350		$100,176		$59,063		$12,862			$53,158		$56,547
Third Quarter		$115,357		$96,698		$160,595		$9,403		$24,866			$82,911		$58,484
Fourth Quarter		$19,317		$43,766		$38,615		$61,162		($539	)		$29,590		$54,056
2013:
First Quarter		$43,314		$52,083		$64,728		$37,123		$4,272			$26,277		$52,052
Second Quarter		$80,942		$53,856		$88,691		$46,809		$3,627			$38,355		$51,632
Third Quarter		$157,681		$85,284		$145,847		$70,186		$15,895			$79,430		$52,029
Fourth Quarter		$23,123		$56,114		$56,128		$36,112		$3,070			$30,071		$47,367

Net Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$28,370		$46,472		$58,378		$25,839			$8,294		$13,165		$24,619
Second Quarter		$29,005		$36,171		$69,667		$26,564			$6,374		$18,585		$25,931
Third Quarter		$62,980		$55,535		$123,821		($6,464	)		$13,932		$39,559		$26,730
Fourth Quarter		$1,037		$24,313		$31,665		$28,882			$107		$3,495		$19,054
2013:
First Quarter		$14,719		$27,165		$45,376		$13,934			$1,307		$922		$28,006
Second Quarter		$40,483		$29,720		$61,377		$18,954			$598		$10,953		$27,734
Third Quarter		$82,577		$62,642		$100,597		$33,813			$8,086		$35,801		$35,105
Fourth Quarter		$24,169		$42,135		$45,114		$15,458			$1,692		$10,205		$22,819

Earnings (Loss) Applicable to Common Equity

	Entergy Arkansas			Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans
	(In Thousands)
2014:
First Quarter		$26,652			$46,266		$56,640		$25,132			$8,053
Second Quarter		$27,287			$35,962		$67,910		$25,857			$6,133
Third Quarter		$61,262			$55,329		$122,083		($7,171	)		$13,691
Fourth Quarter		($682	)		$24,107		$29,929		$28,175			($135	)
2013:
First Quarter		$13,001			$26,959		$43,638		$13,227			$1,066
Second Quarter		$38,765			$29,514		$59,639		$18,247			$357
Third Quarter		$80,859			$62,436		$98,859		$33,106			$7,845
Fourth Quarter		$22,450			$41,928		$43,378		$14,751			$1,450

Entergy New Orleans [Member]

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2014 and 2013 for Entergy Corporation and subsidiaries were:

	Operating Revenues		Operating Income		Consolidated Net Income		Net Income Attributable to Entergy Corporation
	(In Thousands)
2014:
First Quarter		$3,208,843		$739,877		$406,053		$401,174
Second Quarter		$2,996,650		$454,477		$194,281		$189,383
Third Quarter		$3,458,110		$492,859		$234,916		$230,037
Fourth Quarter		$2,831,318		$319,674		$125,006		$120,127
2013:
First Quarter		$2,608,874		$394,045		$166,982		$161,400
Second Quarter		$2,738,208		$346,512		$168,055		$163,723
Third Quarter		$3,351,959		$388,894		$244,182		$239,850
Fourth Quarter		$2,691,906		$225,548		$151,353		$146,929

Earnings per Average Common Share

	2014				2013
	Basic		Diluted		Basic		Diluted
First Quarter		$2.24		$2.24		$0.91		$0.90
Second Quarter		$1.06		$1.05		$0.92		$0.92
Third Quarter		$1.28		$1.27		$1.35		$1.34
Fourth Quarter		$0.67		$0.66		$0.82		$0.82

As discussed in more detail in Note 1 to the financial statements, operating results for 2014 include $154 million ($100 million after-tax) of charges related to Vermont Yankee primarily resulting from the effects of an updated decommissioning cost study completed in the third quarter 2014 along with reassessment of assumptions regarding the timing of decommissioning cash flows and severance and employee retention costs. Results of operations for 2014 also include the $56.2 million ($36.7 million after-tax) write-off of Entergy Mississippi’s regulatory asset associated with new nuclear generation development costs as a result of a joint stipulation entered into with the Mississippi Public Utilities Staff, subsequently approved by the MPSC, in which Entergy Mississippi agreed not to pursue recovery of the costs deferred by an MPSC order in the new nuclear generation docket. See Note 2 to the financial statements for further discussion of the new nuclear generation development costs and the joint stipulation.

Results of operations for 2013 include $322 million ($202 million after-tax) of impairment and other related charges primarily to write down the carrying value of Vermont Yankee and related assets to their fair values. See Note 1 to the financial statements for further discussion of the charges. Also, as discussed in more detail in Note 13 to the financial statements, operating results include approximately $110 million ($70 million after-tax) in costs in 2013 associated with the human capital management strategic imperative, primarily implementation costs, severance expenses, pension curtailment losses, and special termination benefits expense. In December 2013, Entergy deferred for future recovery approximately $45 million ($30 million after-tax) of these costs in the Arkansas and Louisiana jurisdictions, as approved by the APSC and the LPSC, respectively.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter.  Operating results for the Registrant Subsidiaries for the four quarters of 2014 and 2013 were:

Operating Revenues

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$514,981		$513,295		$623,494		$348,196		$186,567		$440,256		$157,667
Second Quarter		$511,522		$554,034		$736,408		$370,638		$169,989		$482,932		$163,830
Third Quarter		$627,153		$610,493		$870,181		$425,341		$182,971		$528,508		$172,151
Fourth Quarter		$518,735		$473,104		$595,798		$380,018		$150,558		$400,286		$170,716
2013:
First Quarter		$542,392		$419,955		$606,085		$291,641		$146,466		$306,173		$168,578
Second Quarter		$508,653		$492,361		$635,805		$326,039		$142,841		$455,100		$172,177
Third Quarter		$647,671		$558,331		$782,789		$397,833		$178,641		$526,978		$192,679
Fourth Quarter		$491,443		$470,486		$602,256		$319,027		$152,208		$440,548		$201,655

Operating Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans			Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$66,360		$82,576		$85,057		$57,132		$15,281			$43,056		$52,029
Second Quarter		$68,970		$70,350		$100,176		$59,063		$12,862			$53,158		$56,547
Third Quarter		$115,357		$96,698		$160,595		$9,403		$24,866			$82,911		$58,484
Fourth Quarter		$19,317		$43,766		$38,615		$61,162		($539	)		$29,590		$54,056
2013:
First Quarter		$43,314		$52,083		$64,728		$37,123		$4,272			$26,277		$52,052
Second Quarter		$80,942		$53,856		$88,691		$46,809		$3,627			$38,355		$51,632
Third Quarter		$157,681		$85,284		$145,847		$70,186		$15,895			$79,430		$52,029
Fourth Quarter		$23,123		$56,114		$56,128		$36,112		$3,070			$30,071		$47,367

Net Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$28,370		$46,472		$58,378		$25,839			$8,294		$13,165		$24,619
Second Quarter		$29,005		$36,171		$69,667		$26,564			$6,374		$18,585		$25,931
Third Quarter		$62,980		$55,535		$123,821		($6,464	)		$13,932		$39,559		$26,730
Fourth Quarter		$1,037		$24,313		$31,665		$28,882			$107		$3,495		$19,054
2013:
First Quarter		$14,719		$27,165		$45,376		$13,934			$1,307		$922		$28,006
Second Quarter		$40,483		$29,720		$61,377		$18,954			$598		$10,953		$27,734
Third Quarter		$82,577		$62,642		$100,597		$33,813			$8,086		$35,801		$35,105
Fourth Quarter		$24,169		$42,135		$45,114		$15,458			$1,692		$10,205		$22,819

Earnings (Loss) Applicable to Common Equity

	Entergy Arkansas			Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans
	(In Thousands)
2014:
First Quarter		$26,652			$46,266		$56,640		$25,132			$8,053
Second Quarter		$27,287			$35,962		$67,910		$25,857			$6,133
Third Quarter		$61,262			$55,329		$122,083		($7,171	)		$13,691
Fourth Quarter		($682	)		$24,107		$29,929		$28,175			($135	)
2013:
First Quarter		$13,001			$26,959		$43,638		$13,227			$1,066
Second Quarter		$38,765			$29,514		$59,639		$18,247			$357
Third Quarter		$80,859			$62,436		$98,859		$33,106			$7,845
Fourth Quarter		$22,450			$41,928		$43,378		$14,751			$1,450

Entergy Texas [Member]

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2014 and 2013 for Entergy Corporation and subsidiaries were:

	Operating Revenues		Operating Income		Consolidated Net Income		Net Income Attributable to Entergy Corporation
	(In Thousands)
2014:
First Quarter		$3,208,843		$739,877		$406,053		$401,174
Second Quarter		$2,996,650		$454,477		$194,281		$189,383
Third Quarter		$3,458,110		$492,859		$234,916		$230,037
Fourth Quarter		$2,831,318		$319,674		$125,006		$120,127
2013:
First Quarter		$2,608,874		$394,045		$166,982		$161,400
Second Quarter		$2,738,208		$346,512		$168,055		$163,723
Third Quarter		$3,351,959		$388,894		$244,182		$239,850
Fourth Quarter		$2,691,906		$225,548		$151,353		$146,929

Earnings per Average Common Share

	2014				2013
	Basic		Diluted		Basic		Diluted
First Quarter		$2.24		$2.24		$0.91		$0.90
Second Quarter		$1.06		$1.05		$0.92		$0.92
Third Quarter		$1.28		$1.27		$1.35		$1.34
Fourth Quarter		$0.67		$0.66		$0.82		$0.82

As discussed in more detail in Note 1 to the financial statements, operating results for 2014 include $154 million ($100 million after-tax) of charges related to Vermont Yankee primarily resulting from the effects of an updated decommissioning cost study completed in the third quarter 2014 along with reassessment of assumptions regarding the timing of decommissioning cash flows and severance and employee retention costs. Results of operations for 2014 also include the $56.2 million ($36.7 million after-tax) write-off of Entergy Mississippi’s regulatory asset associated with new nuclear generation development costs as a result of a joint stipulation entered into with the Mississippi Public Utilities Staff, subsequently approved by the MPSC, in which Entergy Mississippi agreed not to pursue recovery of the costs deferred by an MPSC order in the new nuclear generation docket. See Note 2 to the financial statements for further discussion of the new nuclear generation development costs and the joint stipulation.

Results of operations for 2013 include $322 million ($202 million after-tax) of impairment and other related charges primarily to write down the carrying value of Vermont Yankee and related assets to their fair values. See Note 1 to the financial statements for further discussion of the charges. Also, as discussed in more detail in Note 13 to the financial statements, operating results include approximately $110 million ($70 million after-tax) in costs in 2013 associated with the human capital management strategic imperative, primarily implementation costs, severance expenses, pension curtailment losses, and special termination benefits expense. In December 2013, Entergy deferred for future recovery approximately $45 million ($30 million after-tax) of these costs in the Arkansas and Louisiana jurisdictions, as approved by the APSC and the LPSC, respectively.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter.  Operating results for the Registrant Subsidiaries for the four quarters of 2014 and 2013 were:

Operating Revenues

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$514,981		$513,295		$623,494		$348,196		$186,567		$440,256		$157,667
Second Quarter		$511,522		$554,034		$736,408		$370,638		$169,989		$482,932		$163,830
Third Quarter		$627,153		$610,493		$870,181		$425,341		$182,971		$528,508		$172,151
Fourth Quarter		$518,735		$473,104		$595,798		$380,018		$150,558		$400,286		$170,716
2013:
First Quarter		$542,392		$419,955		$606,085		$291,641		$146,466		$306,173		$168,578
Second Quarter		$508,653		$492,361		$635,805		$326,039		$142,841		$455,100		$172,177
Third Quarter		$647,671		$558,331		$782,789		$397,833		$178,641		$526,978		$192,679
Fourth Quarter		$491,443		$470,486		$602,256		$319,027		$152,208		$440,548		$201,655

Operating Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans			Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$66,360		$82,576		$85,057		$57,132		$15,281			$43,056		$52,029
Second Quarter		$68,970		$70,350		$100,176		$59,063		$12,862			$53,158		$56,547
Third Quarter		$115,357		$96,698		$160,595		$9,403		$24,866			$82,911		$58,484
Fourth Quarter		$19,317		$43,766		$38,615		$61,162		($539	)		$29,590		$54,056
2013:
First Quarter		$43,314		$52,083		$64,728		$37,123		$4,272			$26,277		$52,052
Second Quarter		$80,942		$53,856		$88,691		$46,809		$3,627			$38,355		$51,632
Third Quarter		$157,681		$85,284		$145,847		$70,186		$15,895			$79,430		$52,029
Fourth Quarter		$23,123		$56,114		$56,128		$36,112		$3,070			$30,071		$47,367

Net Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$28,370		$46,472		$58,378		$25,839			$8,294		$13,165		$24,619
Second Quarter		$29,005		$36,171		$69,667		$26,564			$6,374		$18,585		$25,931
Third Quarter		$62,980		$55,535		$123,821		($6,464	)		$13,932		$39,559		$26,730
Fourth Quarter		$1,037		$24,313		$31,665		$28,882			$107		$3,495		$19,054
2013:
First Quarter		$14,719		$27,165		$45,376		$13,934			$1,307		$922		$28,006
Second Quarter		$40,483		$29,720		$61,377		$18,954			$598		$10,953		$27,734
Third Quarter		$82,577		$62,642		$100,597		$33,813			$8,086		$35,801		$35,105
Fourth Quarter		$24,169		$42,135		$45,114		$15,458			$1,692		$10,205		$22,819

Earnings (Loss) Applicable to Common Equity

	Entergy Arkansas			Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans
	(In Thousands)
2014:
First Quarter		$26,652			$46,266		$56,640		$25,132			$8,053
Second Quarter		$27,287			$35,962		$67,910		$25,857			$6,133
Third Quarter		$61,262			$55,329		$122,083		($7,171	)		$13,691
Fourth Quarter		($682	)		$24,107		$29,929		$28,175			($135	)
2013:
First Quarter		$13,001			$26,959		$43,638		$13,227			$1,066
Second Quarter		$38,765			$29,514		$59,639		$18,247			$357
Third Quarter		$80,859			$62,436		$98,859		$33,106			$7,845
Fourth Quarter		$22,450			$41,928		$43,378		$14,751			$1,450

System Energy [Member]

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2014 and 2013 for Entergy Corporation and subsidiaries were:

	Operating Revenues		Operating Income		Consolidated Net Income		Net Income Attributable to Entergy Corporation
	(In Thousands)
2014:
First Quarter		$3,208,843		$739,877		$406,053		$401,174
Second Quarter		$2,996,650		$454,477		$194,281		$189,383
Third Quarter		$3,458,110		$492,859		$234,916		$230,037
Fourth Quarter		$2,831,318		$319,674		$125,006		$120,127
2013:
First Quarter		$2,608,874		$394,045		$166,982		$161,400
Second Quarter		$2,738,208		$346,512		$168,055		$163,723
Third Quarter		$3,351,959		$388,894		$244,182		$239,850
Fourth Quarter		$2,691,906		$225,548		$151,353		$146,929

Earnings per Average Common Share

	2014				2013
	Basic		Diluted		Basic		Diluted
First Quarter		$2.24		$2.24		$0.91		$0.90
Second Quarter		$1.06		$1.05		$0.92		$0.92
Third Quarter		$1.28		$1.27		$1.35		$1.34
Fourth Quarter		$0.67		$0.66		$0.82		$0.82

As discussed in more detail in Note 1 to the financial statements, operating results for 2014 include $154 million ($100 million after-tax) of charges related to Vermont Yankee primarily resulting from the effects of an updated decommissioning cost study completed in the third quarter 2014 along with reassessment of assumptions regarding the timing of decommissioning cash flows and severance and employee retention costs. Results of operations for 2014 also include the $56.2 million ($36.7 million after-tax) write-off of Entergy Mississippi’s regulatory asset associated with new nuclear generation development costs as a result of a joint stipulation entered into with the Mississippi Public Utilities Staff, subsequently approved by the MPSC, in which Entergy Mississippi agreed not to pursue recovery of the costs deferred by an MPSC order in the new nuclear generation docket. See Note 2 to the financial statements for further discussion of the new nuclear generation development costs and the joint stipulation.

Results of operations for 2013 include $322 million ($202 million after-tax) of impairment and other related charges primarily to write down the carrying value of Vermont Yankee and related assets to their fair values. See Note 1 to the financial statements for further discussion of the charges. Also, as discussed in more detail in Note 13 to the financial statements, operating results include approximately $110 million ($70 million after-tax) in costs in 2013 associated with the human capital management strategic imperative, primarily implementation costs, severance expenses, pension curtailment losses, and special termination benefits expense. In December 2013, Entergy deferred for future recovery approximately $45 million ($30 million after-tax) of these costs in the Arkansas and Louisiana jurisdictions, as approved by the APSC and the LPSC, respectively.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter.  Operating results for the Registrant Subsidiaries for the four quarters of 2014 and 2013 were:

Operating Revenues

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$514,981		$513,295		$623,494		$348,196		$186,567		$440,256		$157,667
Second Quarter		$511,522		$554,034		$736,408		$370,638		$169,989		$482,932		$163,830
Third Quarter		$627,153		$610,493		$870,181		$425,341		$182,971		$528,508		$172,151
Fourth Quarter		$518,735		$473,104		$595,798		$380,018		$150,558		$400,286		$170,716
2013:
First Quarter		$542,392		$419,955		$606,085		$291,641		$146,466		$306,173		$168,578
Second Quarter		$508,653		$492,361		$635,805		$326,039		$142,841		$455,100		$172,177
Third Quarter		$647,671		$558,331		$782,789		$397,833		$178,641		$526,978		$192,679
Fourth Quarter		$491,443		$470,486		$602,256		$319,027		$152,208		$440,548		$201,655

Operating Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans			Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$66,360		$82,576		$85,057		$57,132		$15,281			$43,056		$52,029
Second Quarter		$68,970		$70,350		$100,176		$59,063		$12,862			$53,158		$56,547
Third Quarter		$115,357		$96,698		$160,595		$9,403		$24,866			$82,911		$58,484
Fourth Quarter		$19,317		$43,766		$38,615		$61,162		($539	)		$29,590		$54,056
2013:
First Quarter		$43,314		$52,083		$64,728		$37,123		$4,272			$26,277		$52,052
Second Quarter		$80,942		$53,856		$88,691		$46,809		$3,627			$38,355		$51,632
Third Quarter		$157,681		$85,284		$145,847		$70,186		$15,895			$79,430		$52,029
Fourth Quarter		$23,123		$56,114		$56,128		$36,112		$3,070			$30,071		$47,367

Net Income (Loss)

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2014:
First Quarter		$28,370		$46,472		$58,378		$25,839			$8,294		$13,165		$24,619
Second Quarter		$29,005		$36,171		$69,667		$26,564			$6,374		$18,585		$25,931
Third Quarter		$62,980		$55,535		$123,821		($6,464	)		$13,932		$39,559		$26,730
Fourth Quarter		$1,037		$24,313		$31,665		$28,882			$107		$3,495		$19,054
2013:
First Quarter		$14,719		$27,165		$45,376		$13,934			$1,307		$922		$28,006
Second Quarter		$40,483		$29,720		$61,377		$18,954			$598		$10,953		$27,734
Third Quarter		$82,577		$62,642		$100,597		$33,813			$8,086		$35,801		$35,105
Fourth Quarter		$24,169		$42,135		$45,114		$15,458			$1,692		$10,205		$22,819

Earnings (Loss) Applicable to Common Equity

	Entergy Arkansas			Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi			Entergy New Orleans
	(In Thousands)
2014:
First Quarter		$26,652			$46,266		$56,640		$25,132			$8,053
Second Quarter		$27,287			$35,962		$67,910		$25,857			$6,133
Third Quarter		$61,262			$55,329		$122,083		($7,171	)		$13,691
Fourth Quarter		($682	)		$24,107		$29,929		$28,175			($135	)
2013:
First Quarter		$13,001			$26,959		$43,638		$13,227			$1,066
Second Quarter		$38,765			$29,514		$59,639		$18,247			$357
Third Quarter		$80,859			$62,436		$98,859		$33,106			$7,845
Fourth Quarter		$22,450			$41,928		$43,378		$14,751			$1,450