Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Expenses From Continuing Operations

Income taxes from continuing operations for 2014, 2013, and 2012 for Entergy Corporation and Subsidiaries consist of the following:

	2014			2013			2012
	(In Thousands)
Current:
Federal		$90,061			$88,291			($47,851	)
Foreign	90			101			143
State	(12,637		)	20,584			(41,516		)
Total	77,514			108,976			(89,224		)
Deferred and non-current - net	528,326			126,935			131,130
Investment tax credit adjustments - net	(16,243		)	(9,930		)	(11,051		)
Income tax expense from continuing operations		$589,597			$225,981			$30,855

Significant Components Of Accumulated Deferred Income Taxes And Accrued Taxes

Significant components of accumulated deferred income taxes and taxes accrued for Entergy Corporation and Subsidiaries as of December 31, 2014 and 2013 are as follows:

	2014			2013
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($8,128,096	)		($7,941,319	)
Regulatory assets	(922,161		)	(922,312		)
Nuclear decommissioning trusts	(1,248,737		)	(1,100,439		)
Pension, net funding	(324,881		)	(299,951		)
Combined unitary state taxes	(162,340		)	(183,934		)
Power purchase agreements	(110,889		)	(8,096		)
Other	(500,424		)	(404,749		)
Total	(11,397,528		)	(10,860,800		)
Deferred tax assets:
Nuclear decommissioning liabilities	874,493			754,828
Regulatory liabilities	458,230			403,370
Pension and other post-employment benefits	586,455			469,190
Sale and leaseback	153,308			176,119
Compensation	74,692			125,552
Accumulated deferred investment tax credit	100,442			106,777
Provision for allowances and contingencies	160,551			66,026
Net operating loss carryforwards	457,758			548,756
Capital losses and miscellaneous tax credits	12,146			13,140
Valuation allowance	(27,387		)	(28,146		)
Other	58,334			109,606
Total	2,909,022			2,745,218
Noncurrent accrued taxes (including unrecognized tax benefits)	(606,560		)	(400,276		)
Accumulated deferred income taxes and taxes accrued		($9,095,066	)		($8,515,858	)

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of Entergy’s beginning and ending amount of unrecognized tax benefits is as follows:

	2014			2013			2012
	(In Thousands)
Gross balance at January 1		$4,593,224			$4,170,403			$4,387,780
Additions based on tax positions related to the current year	348,543			162,338			163,612
Additions for tax positions of prior years	11,637			410,108			1,517,797
Reductions for tax positions of prior years	(213,401		)	(103,360		)	(476,873		)
Settlements	—			(43,620		)	(1,421,913		)
Lapse of statute of limitations	(3,218		)	(2,645		)	—
Gross balance at December 31	4,736,785			4,593,224			4,170,403
Offsets to gross unrecognized tax benefits:
Credit and loss carryovers	(4,295,643		)	(4,400,498		)	(4,022,535		)
Unrecognized tax benefits net of unused tax attributes and payments (a)		$441,142			$192,726			$147,868

(a) Potential tax liability above what is payable on tax returns

Parent Company [Member]

Total Income Taxes For Entergy Corporation And Subsidiaries

The reasons for the differences for the years 2014, 2013, and 2012 are:

	2014			2013			2012
	(In Thousands)
Net income attributable to Entergy Corporation		$940,721			$711,902			$846,673
Preferred dividend requirements of subsidiaries	19,536			18,670			21,690
Consolidated net income	960,257			730,572			868,363
Income taxes	589,597			225,981			30,855
Income before income taxes		$1,549,854			$956,553			$899,218
Computed at statutory rate (35%)		$542,449			$334,794			$314,726
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	44,708			13,599			40,699
Regulatory differences - utility plant items	39,321			32,324			35,527
Equity component of AFUDC	(21,108		)	(22,356		)	(30,838		)
Amortization of investment tax credits	(12,211		)	(13,535		)	(14,000		)
Flow-through / permanent differences	(18,003		)	(301		)	(14,801		)
Net-of-tax regulatory liability	—			(2,899		)	(4,356		)
New York tax law change	(21,500		)	—			—
Deferred tax asset on additional depreciation (a)	—			—			(155,300		)
Termination of business reorganization	—			(27,192		)	—
Write-off of regulatory asset for income taxes	—			—			42,159
Capital losses	—			—			(20,188		)
Provision for uncertain tax positions (b)	32,573			(59,249		)	(159,957		)
Valuation allowance	—			(31,573		)	—
Other - net	3,368			2,369			(2,816		)
Total income taxes as reported		$589,597			$225,981			$30,855
Effective Income Tax Rate	38.0		%	23.6		%	3.4		%

(a) See “Income Tax Audits- 2004-2005 IRS Audit” below for discussion of this item.

(b) See “Income Tax Audits- 2008-2009 IRS Audit” below for discussion of the most significant items in 2013 and 2012.

In March 2014, New York enacted legislation that substantially modifies various aspects of New York tax law. The most significant effect of the legislation for Entergy is the adoption of full water's-edge unitary combined reporting, meaning that all of Entergy's domestic entities will be included in New York's combined filing group. The effect of the tax law change resulted in a deferred state income tax reduction of approximately $21.5 million as shown in the table above.

Total income taxes for the Registra

Entergy's Estimated Tax Attributes, Carryovers And Their Expiration Dates

Entergy’s estimated tax attributes carryovers and their expiration dates as of December 31, 2014 are as follows:

Carryover Description	Carryover Amount	Year(s) of expiration
Federal net operating losses	$12.3 billion	2023-2034
State net operating losses	$10.2 billion	2015-2033
Miscellaneous federal and state credits	$97.6 million	2015-2034

Entergy Arkansas [Member]

Income Tax Expenses From Continuing Operations

Income taxes for 2014, 2013, and 2012 for Entergy’s Registrant Subsidiaries consist of the following:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($34,258	)		($3,857	)		($41,052	)		$8,103			($1,924	)		$48,610			$19,908
State	(678		)	(769		)	(422		)	7,474			520			4,877			15,379
Total	(34,936		)	(4,626		)	(41,474		)	15,577			(1,404		)	53,487			35,287
Deferred and non-current - net	119,841			96,446			140,348			42,305			13,952			(2,418		)	53,501
Investment tax credit adjustments - net	(1,276		)	(3,038		)	(2,604		)	(2,172		)	(224		)	(1,425		)	(5,478		)
Income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi		Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($13,574	)		$12,176			($30,973	)		$2,498		$15,017			$37,199			($6,199	)
State	6,122			(9,939		)	(5,692		)	4,849		(1,221		)	(843		)	15,845
Total	(7,452		)	2,237			(36,665		)	7,347		13,796			36,356			9,646
Deferred and non-current - net	101,253			57,620			121,416			41,150		(11,952		)	(4,639		)	60,614
Investment tax credit adjustments - net	(2,014		)	(3,038		)	(2,874		)	1,260		(225		)	(1,609		)	(1,407		)
Income taxes		$91,787			$56,819			$81,877			$49,757		$1,619			$30,108			$68,853

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		$64,069			($66,081	)		($132,999	)		$3,188			($9,484	)		($114,677	)		($50,491	)
State	6,712			9,535			(1,269		)	(4,425		)	(1,617		)	4,933			(8,544		)
Total	70,781			(56,546		)	(134,268		)	(1,237		)	(11,101		)	(109,744		)	(59,035		)
Deferred and non-current - net	26,042			112,390			8,463			59,045			18,586			144,471			137,832
Investment tax credit adjustments - net	(2,017		)	(3,228		)	(3,117		)	871			(245		)	(1,609		)	(1,682		)
Income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115

Total Income Taxes For Entergy Corporation And Subsidiaries

Total income taxes for the Registrant Subsidiaries differ from the amounts computed by applying the statutory income tax rate to income before taxes.  The reasons for the differences for the years 2014, 2013, and 2012 are:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$121,392			$162,491			$283,531			$74,821			$28,707			$74,804			$96,334
Income taxes	83,629			88,782			96,270			55,710			12,324			49,644			83,310
Pretax income		$205,021			$251,273			$379,801			$130,531			$41,031			$124,448			$179,644
Computed at statutory rate (35%)		$71,757			$87,946			$132,930			$45,686			$14,361			$43,557			$62,875
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	9,591			6,532			5,134			5,180			1,643			3,221			6,877
Regulatory differences - utility plant items	8,653			4,618			2,869			4,448			777			4,165			13,791
Equity component of AFUDC	(2,533		)	(2,602		)	(12,010		)	(833		)	(320		)	(1,035		)	(1,774		)
Amortization of investment tax credits	(1,251		)	(3,018		)	(2,576		)	(260		)	(218		)	(1,412		)	(3,476		)
Flow-through / permanent differences	(5,082		)	799			(1,024		)	555			(4,458		)	393			(327		)
Non-taxable dividend income	—			(10,590		)	(30,665		)	—			—			—			—
Provision for uncertain tax positions	1,881			4,108			1,228			718			405			522			5,235
Other - net	613			989			384			216			134			233			109
Total income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310
Effective Income Tax Rate	40.8		%	35.3		%	25.3		%	42.7		%	30.0		%	39.9		%	46.4		%

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$161,948			$161,662			$252,464			$82,159			$11,683			$57,881			$113,664
Income taxes	91,787			56,819			81,877			49,757			1,619			30,108			68,853
Pretax income		$253,735			$218,481			$334,341			$131,916			$13,302			$87,989			$182,517
Computed at statutory rate (35%)		$88,807			$76,468			$117,019			$46,171			$4,656			$30,796			$63,881
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	10,954			7,719			11,365			4,564			1,012			(897		)	5,900
Regulatory differences - utility plant items	7,938			4,865			2,140			2,603			453			3,256			11,070
Equity component of AFUDC	(3,820		)	(2,822		)	(10,278		)	(764		)	(322		)	(1,626		)	(2,724		)
Amortization of investment tax credits	(1,989		)	(3,018		)	(2,846		)	(260		)	(216		)	(1,596		)	(3,476		)
Flow-through / permanent differences	2,540			2,377			1,269			1,702			(4,402		)	2,467			(491		)
Net-of-tax regulatory liability	—			—			(2,899		)	—			—			—			—
Termination of business reorganization	(6,753		)	(3,619		)	(3,834		)	(4,177		)	(501		)	(3,542		)	(13		)
Non-taxable dividend income	—			(9,612		)	(27,341		)	—			—			—			—
Provision for uncertain tax positions	(6,527		)	(15,557		)	(3,088		)	(326		)	795			1,027			(5,353		)
Other - net	637			18			370			244			144			223			59
Total income taxes		$91,787			$56,819			$81,877			$49,757			$1,619			$30,108			$68,853
Effective Income Tax Rate	36.2		%	26.0		%	24.5		%	37.7		%	12.2		%	34.2		%	37.7		%

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$152,365			$158,977			$281,081			$46,768			$17,065			$41,971			$111,866
Income taxes (benefit)	94,806			52,616			(128,922		)	58,679			7,240			33,118			77,115
Pretax income		$247,171			$211,593			$152,159			$105,447			$24,305			$75,089			$188,981
Computed at statutory rate (35%)		$86,510			$74,058			$53,256			$36,906			$8,507			$26,281			$66,143
Increases (reductions) resulting from:
State income taxes net of federal income tax effect	11,282			5,087			1,976			3,944			505			3,115			6,652
Regulatory differences - utility plant items	6,778			8,472			312			2,619			2,289			3,668			11,389
Equity component of AFUDC	(2,495		)	(3,042		)	(12,919		)	(1,383		)	(276		)	(1,587		)	(9,136		)
Amortization of investment tax credits	(1,992		)	(3,204		)	(3,089		)	(264		)	(240		)	(1,596		)	(3,480		)
Net-of-tax regulatory liability	—			—			(4,356		)	—			—			—			—
Flow-through / permanent differences	3,427			(7,646		)	1,397			1,961			(4,385		)	1,585			(357		)
Non-taxable dividend income	—			(9,836		)	(27,336		)	—			—			—			—
Expense (benefit) of Entergy Corporation expenses	(19,403		)	(17,703		)	—			14,449			2,758			—			(10,241		)
Provision for uncertain tax positions	11,227			8,745			(143,583		)	870			(2,095		)	1,651			17,966
Change in regulatory recovery	—			(553		)	7,854			—			—			—			—
Other - net	(528		)	(1,762		)	(2,434		)	(423		)	177			1			(1,821		)
Total income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115
Effective Income Tax Rate	38.4		%	24.9		%	(84.7		%)	55.6		%	29.8		%	44.1		%	40.8		%

Significant Components Of Accumulated Deferred Income Taxes And Accrued Taxes

Significant components of accumulated deferred income taxes and taxes accrued for the Registrant Subsidiaries as of December 31, 2014 and 2013 are as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,657,503	)		($1,233,761	)		($1,515,091	)		($753,576	)		($186,153	)		($771,135	)		($668,779	)
Regulatory assets	(198,662		)	(106,287		)	(274,432		)	(30,114		)	—			(202,402		)	(110,087		)
Nuclear decommissioning trusts	(130,524		)	(43,611		)	(62,551		)	—			—			—			(74,063		)
Pension, net funding	(93,355		)	(46,403		)	(53,190		)	(27,861		)	(13,285		)	(25,616		)	(23,440		)
Deferred fuel	(82,050		)	(3,034		)	(500		)	(5,303		)	(407		)	2,045			(120		)
Power purchase agreements	(17,073		)	(67,083		)	—			2,129			13			847			—
Other	(33,827		)	(8,850		)	(75,432		)	(11,423		)	(11,500		)	(22,546		)	(19,802		)
Total	(2,212,994		)	(1,509,029		)	(1,981,196		)	(826,148		)	(211,332		)	(1,018,807		)	(896,291		)
Deferred tax assets:
Regulatory liabilities	145,466			70,068			111,533			7,214			29,580			4,079			90,290
Nuclear decommissioning liabilities	(43,134		)	48,815			97,323			—			—			—			(62,571		)
Pension and other post-employment benefits	(17,534		)	88,606			70,055			(7,288		)	(7,504		)	(15,053		)	(1,413		)
Sale and leaseback	—			—			45,136			—			—			—			108,172
Accumulated deferred investment tax credit	14,791			33,941			24,922			2,436			332			5,158			18,862
Provision for allowances and contingencies	(7,149		)	43,512			82,293			19,590			10,986			8,017			133
Unbilled/deferred revenues	12,322			(18,553		)	(6,463		)	12,956			3,395			11,573			—
Compensation	2,085			641			(483		)	(846		)	475			4,155			—
Net operating loss carryforwards	105,063			—			241,803			—			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			3,504			—			—			—
Other	258			8,102			7,406			5,887			2,891			3,850			2,000
Total	212,168			275,132			673,525			43,453			40,155			21,779			155,473
Noncurrent accrued taxes (including unrecognized tax benefits)	9,367			(388,230		)	(24,278		)	(12,481		)	(19,502		)	(48,921		)	(81,528		)
Accumulated deferred income taxes and taxes accrued		($1,991,459	)		($1,622,127	)		($1,331,949	)		($795,176	)		($190,679	)		($1,045,949	)		($822,346	)

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,613,195	)		($1,259,173	)		($1,347,534	)		($727,545	)		($196,726	)		($759,263	)		($698,151	)
Regulatory assets	(212,339		)	(102,362		)	(255,068		)	(33,277		)	—			(205,402		)	(113,849		)
Nuclear decommissioning trusts	(110,004		)	(32,574		)	(50,248		)	—			—			—			(58,308		)
Pension, net funding	(79,589		)	(45,342		)	(50,630		)	(24,392		)	(11,606		)	(23,598		)	(21,187		)
Deferred fuel	(26,946		)	(4,361		)	(512		)	(21,823		)	63			(470		)	(129		)
Power purchase agreements	(7,053		)	(20,234		)	—			—			13			1,269			—
Other	(62,046		)	(25,694		)	(69,194		)	(10,732		)	(13,446		)	(58,963		)	(8,969		)
Total	(2,111,172		)	(1,489,740		)	(1,773,186		)	(817,769		)	(221,702		)	(1,046,427		)	(900,593		)
Deferred tax assets:
Regulatory liabilities	120,966			60,176			94,019			8,357			35,764			7,952			76,135
Nuclear decommissioning liabilities	(64,571		)	49,439			92,206			—			—			—			(71,898		)
Pension and other post-employment benefits	(12,132		)	73,136			62,999			(1,345		)	1,532			(13,417		)	(2,073		)
Sale and leaseback	—			—			52,054			—			—			—			124,065
Accumulated deferred investment tax credit	15,281			35,297			25,913			3,263			416			5,651			20,956
Provision for allowances and contingencies	12,313			14,784			3,347			13,066			8,535			5,980			—
Unbilled/deferred revenues	37,825			(22,340		)	3,026			6,791			4,226			10,655			—
Compensation	7,131			4,701			3,470			1,778			1,696			6,774			822
Net operating loss carryforwards	85,875			—			230,592			19,400			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			6,173			—			—			—
Other	3,682			4,939			4,148			4,224			2,930			3,807			2,001
Total	206,370			220,132			571,774			61,707			55,099			27,402			150,008
Noncurrent accrued taxes (including unrecognized tax benefits)	22,565			(279,269		)	25,512			(6,290		)	(5,015		)	(37,777		)	10,302
Accumulated deferred income taxes and taxes accrued		($1,882,237	)		($1,548,877	)		($1,175,900	)		($762,352	)		($171,618	)		($1,056,802	)		($740,283	)

Entergy's Estimated Tax Attributes, Carryovers And Their Expiration Dates

The Registrant Subsidiaries’ estimated tax attributes carryovers and their expiration dates as of December 31, 2014 are as follows:

	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
Federal net operating losses		$1.3	billion		$151	million		$2.1	billion	—				$55	million	—				$392	million
Year(s) of expiration	2029-2034			2029-2032			2029-2034			N/A			2031-2034			N/A			2030-2032
State net operating losses		$235	million		$580	million		$3	billion	—				$24	million	—			—
Year(s) of expiration	2015-2028			2024-2027			2024-2029			N/A			2026-2029			N/A			N/A
Misc. federal credits		$1	million		$6	million		$13	million		$1	million	—			—				$10	million
Year(s) of expiration	2029-2033			2029-2033			2026-2033			2029-2033			N/A			N/A			2029-2033
State credits	—			—			—				$9.5	million	—				$3.4	million		$15.7	million
Year(s) of expiration	N/A			N/A			N/A			2015-2019			N/A			2026			2015-2019

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of the Registrant Subsidiaries’ beginning and ending amount of unrecognized tax benefits for 2014, 2013, and 2012 is as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2014		$347,713			$465,075			$611,605			$16,186			$51,679			$13,017			$265,185
Additions based on tax positions related to the current year	14,511			55,053			96,196			3,928			2,235			4,225			2,744
Additions for tax positions of prior years	1,767			5,204			1,720			319			37			303			566
Reductions for tax positions of prior years	(1,079		)	(7,995		)	(20,929		)	(289		)	(188		)	(267		)	(10,253		)
Settlements	—			—			—			—			—			(14		)	—
Gross balance at December 31, 2014	362,912			517,337			688,592			20,144			53,763			17,264			258,242
Offsets to gross unrecognized tax benefits:
Loss carryovers	(361,043		)	(89,448		)	(650,540		)	(6,992		)	(20,735		)	(241		)	(163,124		)
Unrecognized tax benefits net of unused tax attributes and payments		$1,869			$427,889			$38,052			$13,152			$33,028			$17,023			$95,118

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2013		$344,669			$465,721			$536,673			$16,841			$52,018			$13,954			$260,346
Additions based on tax positions related to the current year	6,427			7,276			10,611			957			583			2,170			4,170
Additions for tax positions of prior years	1,228			7,189			118,025			401			3,506			587			8,391
Reductions for tax positions of prior years	(3,943		)	(15,045		)	(38,428		)	(1,941		)	(962		)	(4,186		)	(967		)
Settlements	(668		)	(66		)	(15,276		)	(72		)	(3,466		)	492			(6,755		)
Gross balance at December 31, 2013	347,713			465,075			611,605			16,186			51,679			13,017			265,185
Offsets to gross unrecognized tax benefits:
Loss carryovers	(345,674		)	(136,151		)	(611,605		)	(16,186		)	(22,078		)	(266		)	(225,286		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,039			$328,924			$—			$—			$29,601			$12,751			$39,899

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2012		$335,493			$390,493			$446,187			$11,052			$56,052			$19,225			$281,183
Additions based on tax positions related to the current year	10,409			8,974			67,721			8,401			497			1,656			8,715
Additions for tax positions of prior years	429,232			392,548			331,432			4,057			445			4,834			271,172
Reductions for tax positions of prior years	(39,534		)	(50,518		)	(169,465		)	(5,703		)	(2,506		)	(11,649		)	(20,934		)
Settlements	(390,931		)	(275,776		)	(139,202		)	(966		)	(2,470		)	(112		)	(279,790		)
Gross balance at December 31, 2012	344,669			465,721			536,673			16,841			52,018			13,954			260,346
Offsets to gross unrecognized tax benefits:
Loss carryovers	(342,127		)	(160,955		)	(536,673		)	(16,841		)	(35,511		)	(1,593		)	(249,424		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,542			$304,766			$—			$—			$16,507			$12,361			$10,922

Summary Of Unrecognized Tax Benefits That Would Affect Effective Income Tax Rate

The Registrant Subsidiaries’ balances of unrecognized tax benefits included amounts which, if recognized, would have reduced income tax expense as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$2.6		$0.6		$0.6
Entergy Gulf States Louisiana		$91.9		$44.0		$44.0
Entergy Louisiana		$175.4		$87.9		$92.4
Entergy Mississippi		$3.9		$3.9		$3.9
Entergy New Orleans		$50.7		$—		$—
Entergy Texas		$10.5		$10.1		$8.6
System Energy		$3.7		$3.3		$3.5

Summary Of Accrued Interest And Penalties Related To Unrecognized Tax Benefits

Accrued balances for the possible payment of interest are as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$17.0		$15.2		$21.8
Entergy Gulf States Louisiana		$21.0		$17.0		$33.1
Entergy Louisiana		$1.2		$1.0		$0.9
Entergy Mississippi		$2.8		$2.1		$2.4
Entergy New Orleans		$1.3		$0.9		$0.1
Entergy Texas		$1.0		$0.8		$0.7
System Energy		$23.8		$19.0		$33.2

Entergy Gulf States Louisiana [Member]

Income Tax Expenses From Continuing Operations

Income taxes for 2014, 2013, and 2012 for Entergy’s Registrant Subsidiaries consist of the following:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($34,258	)		($3,857	)		($41,052	)		$8,103			($1,924	)		$48,610			$19,908
State	(678		)	(769		)	(422		)	7,474			520			4,877			15,379
Total	(34,936		)	(4,626		)	(41,474		)	15,577			(1,404		)	53,487			35,287
Deferred and non-current - net	119,841			96,446			140,348			42,305			13,952			(2,418		)	53,501
Investment tax credit adjustments - net	(1,276		)	(3,038		)	(2,604		)	(2,172		)	(224		)	(1,425		)	(5,478		)
Income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi		Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($13,574	)		$12,176			($30,973	)		$2,498		$15,017			$37,199			($6,199	)
State	6,122			(9,939		)	(5,692		)	4,849		(1,221		)	(843		)	15,845
Total	(7,452		)	2,237			(36,665		)	7,347		13,796			36,356			9,646
Deferred and non-current - net	101,253			57,620			121,416			41,150		(11,952		)	(4,639		)	60,614
Investment tax credit adjustments - net	(2,014		)	(3,038		)	(2,874		)	1,260		(225		)	(1,609		)	(1,407		)
Income taxes		$91,787			$56,819			$81,877			$49,757		$1,619			$30,108			$68,853

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		$64,069			($66,081	)		($132,999	)		$3,188			($9,484	)		($114,677	)		($50,491	)
State	6,712			9,535			(1,269		)	(4,425		)	(1,617		)	4,933			(8,544		)
Total	70,781			(56,546		)	(134,268		)	(1,237		)	(11,101		)	(109,744		)	(59,035		)
Deferred and non-current - net	26,042			112,390			8,463			59,045			18,586			144,471			137,832
Investment tax credit adjustments - net	(2,017		)	(3,228		)	(3,117		)	871			(245		)	(1,609		)	(1,682		)
Income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115

Total Income Taxes For Entergy Corporation And Subsidiaries

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$121,392			$162,491			$283,531			$74,821			$28,707			$74,804			$96,334
Income taxes	83,629			88,782			96,270			55,710			12,324			49,644			83,310
Pretax income		$205,021			$251,273			$379,801			$130,531			$41,031			$124,448			$179,644
Computed at statutory rate (35%)		$71,757			$87,946			$132,930			$45,686			$14,361			$43,557			$62,875
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	9,591			6,532			5,134			5,180			1,643			3,221			6,877
Regulatory differences - utility plant items	8,653			4,618			2,869			4,448			777			4,165			13,791
Equity component of AFUDC	(2,533		)	(2,602		)	(12,010		)	(833		)	(320		)	(1,035		)	(1,774		)
Amortization of investment tax credits	(1,251		)	(3,018		)	(2,576		)	(260		)	(218		)	(1,412		)	(3,476		)
Flow-through / permanent differences	(5,082		)	799			(1,024		)	555			(4,458		)	393			(327		)
Non-taxable dividend income	—			(10,590		)	(30,665		)	—			—			—			—
Provision for uncertain tax positions	1,881			4,108			1,228			718			405			522			5,235
Other - net	613			989			384			216			134			233			109
Total income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310
Effective Income Tax Rate	40.8		%	35.3		%	25.3		%	42.7		%	30.0		%	39.9		%	46.4		%

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$161,948			$161,662			$252,464			$82,159			$11,683			$57,881			$113,664
Income taxes	91,787			56,819			81,877			49,757			1,619			30,108			68,853
Pretax income		$253,735			$218,481			$334,341			$131,916			$13,302			$87,989			$182,517
Computed at statutory rate (35%)		$88,807			$76,468			$117,019			$46,171			$4,656			$30,796			$63,881
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	10,954			7,719			11,365			4,564			1,012			(897		)	5,900
Regulatory differences - utility plant items	7,938			4,865			2,140			2,603			453			3,256			11,070
Equity component of AFUDC	(3,820		)	(2,822		)	(10,278		)	(764		)	(322		)	(1,626		)	(2,724		)
Amortization of investment tax credits	(1,989		)	(3,018		)	(2,846		)	(260		)	(216		)	(1,596		)	(3,476		)
Flow-through / permanent differences	2,540			2,377			1,269			1,702			(4,402		)	2,467			(491		)
Net-of-tax regulatory liability	—			—			(2,899		)	—			—			—			—
Termination of business reorganization	(6,753		)	(3,619		)	(3,834		)	(4,177		)	(501		)	(3,542		)	(13		)
Non-taxable dividend income	—			(9,612		)	(27,341		)	—			—			—			—
Provision for uncertain tax positions	(6,527		)	(15,557		)	(3,088		)	(326		)	795			1,027			(5,353		)
Other - net	637			18			370			244			144			223			59
Total income taxes		$91,787			$56,819			$81,877			$49,757			$1,619			$30,108			$68,853
Effective Income Tax Rate	36.2		%	26.0		%	24.5		%	37.7		%	12.2		%	34.2		%	37.7		%

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$152,365			$158,977			$281,081			$46,768			$17,065			$41,971			$111,866
Income taxes (benefit)	94,806			52,616			(128,922		)	58,679			7,240			33,118			77,115
Pretax income		$247,171			$211,593			$152,159			$105,447			$24,305			$75,089			$188,981
Computed at statutory rate (35%)		$86,510			$74,058			$53,256			$36,906			$8,507			$26,281			$66,143
Increases (reductions) resulting from:
State income taxes net of federal income tax effect	11,282			5,087			1,976			3,944			505			3,115			6,652
Regulatory differences - utility plant items	6,778			8,472			312			2,619			2,289			3,668			11,389
Equity component of AFUDC	(2,495		)	(3,042		)	(12,919		)	(1,383		)	(276		)	(1,587		)	(9,136		)
Amortization of investment tax credits	(1,992		)	(3,204		)	(3,089		)	(264		)	(240		)	(1,596		)	(3,480		)
Net-of-tax regulatory liability	—			—			(4,356		)	—			—			—			—
Flow-through / permanent differences	3,427			(7,646		)	1,397			1,961			(4,385		)	1,585			(357		)
Non-taxable dividend income	—			(9,836		)	(27,336		)	—			—			—			—
Expense (benefit) of Entergy Corporation expenses	(19,403		)	(17,703		)	—			14,449			2,758			—			(10,241		)
Provision for uncertain tax positions	11,227			8,745			(143,583		)	870			(2,095		)	1,651			17,966
Change in regulatory recovery	—			(553		)	7,854			—			—			—			—
Other - net	(528		)	(1,762		)	(2,434		)	(423		)	177			1			(1,821		)
Total income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115
Effective Income Tax Rate	38.4		%	24.9		%	(84.7		%)	55.6		%	29.8		%	44.1		%	40.8		%

Significant Components Of Accumulated Deferred Income Taxes And Accrued Taxes

Significant components of accumulated deferred income taxes and taxes accrued for the Registrant Subsidiaries as of December 31, 2014 and 2013 are as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,657,503	)		($1,233,761	)		($1,515,091	)		($753,576	)		($186,153	)		($771,135	)		($668,779	)
Regulatory assets	(198,662		)	(106,287		)	(274,432		)	(30,114		)	—			(202,402		)	(110,087		)
Nuclear decommissioning trusts	(130,524		)	(43,611		)	(62,551		)	—			—			—			(74,063		)
Pension, net funding	(93,355		)	(46,403		)	(53,190		)	(27,861		)	(13,285		)	(25,616		)	(23,440		)
Deferred fuel	(82,050		)	(3,034		)	(500		)	(5,303		)	(407		)	2,045			(120		)
Power purchase agreements	(17,073		)	(67,083		)	—			2,129			13			847			—
Other	(33,827		)	(8,850		)	(75,432		)	(11,423		)	(11,500		)	(22,546		)	(19,802		)
Total	(2,212,994		)	(1,509,029		)	(1,981,196		)	(826,148		)	(211,332		)	(1,018,807		)	(896,291		)
Deferred tax assets:
Regulatory liabilities	145,466			70,068			111,533			7,214			29,580			4,079			90,290
Nuclear decommissioning liabilities	(43,134		)	48,815			97,323			—			—			—			(62,571		)
Pension and other post-employment benefits	(17,534		)	88,606			70,055			(7,288		)	(7,504		)	(15,053		)	(1,413		)
Sale and leaseback	—			—			45,136			—			—			—			108,172
Accumulated deferred investment tax credit	14,791			33,941			24,922			2,436			332			5,158			18,862
Provision for allowances and contingencies	(7,149		)	43,512			82,293			19,590			10,986			8,017			133
Unbilled/deferred revenues	12,322			(18,553		)	(6,463		)	12,956			3,395			11,573			—
Compensation	2,085			641			(483		)	(846		)	475			4,155			—
Net operating loss carryforwards	105,063			—			241,803			—			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			3,504			—			—			—
Other	258			8,102			7,406			5,887			2,891			3,850			2,000
Total	212,168			275,132			673,525			43,453			40,155			21,779			155,473
Noncurrent accrued taxes (including unrecognized tax benefits)	9,367			(388,230		)	(24,278		)	(12,481		)	(19,502		)	(48,921		)	(81,528		)
Accumulated deferred income taxes and taxes accrued		($1,991,459	)		($1,622,127	)		($1,331,949	)		($795,176	)		($190,679	)		($1,045,949	)		($822,346	)

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,613,195	)		($1,259,173	)		($1,347,534	)		($727,545	)		($196,726	)		($759,263	)		($698,151	)
Regulatory assets	(212,339		)	(102,362		)	(255,068		)	(33,277		)	—			(205,402		)	(113,849		)
Nuclear decommissioning trusts	(110,004		)	(32,574		)	(50,248		)	—			—			—			(58,308		)
Pension, net funding	(79,589		)	(45,342		)	(50,630		)	(24,392		)	(11,606		)	(23,598		)	(21,187		)
Deferred fuel	(26,946		)	(4,361		)	(512		)	(21,823		)	63			(470		)	(129		)
Power purchase agreements	(7,053		)	(20,234		)	—			—			13			1,269			—
Other	(62,046		)	(25,694		)	(69,194		)	(10,732		)	(13,446		)	(58,963		)	(8,969		)
Total	(2,111,172		)	(1,489,740		)	(1,773,186		)	(817,769		)	(221,702		)	(1,046,427		)	(900,593		)
Deferred tax assets:
Regulatory liabilities	120,966			60,176			94,019			8,357			35,764			7,952			76,135
Nuclear decommissioning liabilities	(64,571		)	49,439			92,206			—			—			—			(71,898		)
Pension and other post-employment benefits	(12,132		)	73,136			62,999			(1,345		)	1,532			(13,417		)	(2,073		)
Sale and leaseback	—			—			52,054			—			—			—			124,065
Accumulated deferred investment tax credit	15,281			35,297			25,913			3,263			416			5,651			20,956
Provision for allowances and contingencies	12,313			14,784			3,347			13,066			8,535			5,980			—
Unbilled/deferred revenues	37,825			(22,340		)	3,026			6,791			4,226			10,655			—
Compensation	7,131			4,701			3,470			1,778			1,696			6,774			822
Net operating loss carryforwards	85,875			—			230,592			19,400			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			6,173			—			—			—
Other	3,682			4,939			4,148			4,224			2,930			3,807			2,001
Total	206,370			220,132			571,774			61,707			55,099			27,402			150,008
Noncurrent accrued taxes (including unrecognized tax benefits)	22,565			(279,269		)	25,512			(6,290		)	(5,015		)	(37,777		)	10,302
Accumulated deferred income taxes and taxes accrued		($1,882,237	)		($1,548,877	)		($1,175,900	)		($762,352	)		($171,618	)		($1,056,802	)		($740,283	)

Entergy's Estimated Tax Attributes, Carryovers And Their Expiration Dates

The Registrant Subsidiaries’ estimated tax attributes carryovers and their expiration dates as of December 31, 2014 are as follows:

	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
Federal net operating losses		$1.3	billion		$151	million		$2.1	billion	—				$55	million	—				$392	million
Year(s) of expiration	2029-2034			2029-2032			2029-2034			N/A			2031-2034			N/A			2030-2032
State net operating losses		$235	million		$580	million		$3	billion	—				$24	million	—			—
Year(s) of expiration	2015-2028			2024-2027			2024-2029			N/A			2026-2029			N/A			N/A
Misc. federal credits		$1	million		$6	million		$13	million		$1	million	—			—				$10	million
Year(s) of expiration	2029-2033			2029-2033			2026-2033			2029-2033			N/A			N/A			2029-2033
State credits	—			—			—				$9.5	million	—				$3.4	million		$15.7	million
Year(s) of expiration	N/A			N/A			N/A			2015-2019			N/A			2026			2015-2019

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of the Registrant Subsidiaries’ beginning and ending amount of unrecognized tax benefits for 2014, 2013, and 2012 is as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2014		$347,713			$465,075			$611,605			$16,186			$51,679			$13,017			$265,185
Additions based on tax positions related to the current year	14,511			55,053			96,196			3,928			2,235			4,225			2,744
Additions for tax positions of prior years	1,767			5,204			1,720			319			37			303			566
Reductions for tax positions of prior years	(1,079		)	(7,995		)	(20,929		)	(289		)	(188		)	(267		)	(10,253		)
Settlements	—			—			—			—			—			(14		)	—
Gross balance at December 31, 2014	362,912			517,337			688,592			20,144			53,763			17,264			258,242
Offsets to gross unrecognized tax benefits:
Loss carryovers	(361,043		)	(89,448		)	(650,540		)	(6,992		)	(20,735		)	(241		)	(163,124		)
Unrecognized tax benefits net of unused tax attributes and payments		$1,869			$427,889			$38,052			$13,152			$33,028			$17,023			$95,118

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2013		$344,669			$465,721			$536,673			$16,841			$52,018			$13,954			$260,346
Additions based on tax positions related to the current year	6,427			7,276			10,611			957			583			2,170			4,170
Additions for tax positions of prior years	1,228			7,189			118,025			401			3,506			587			8,391
Reductions for tax positions of prior years	(3,943		)	(15,045		)	(38,428		)	(1,941		)	(962		)	(4,186		)	(967		)
Settlements	(668		)	(66		)	(15,276		)	(72		)	(3,466		)	492			(6,755		)
Gross balance at December 31, 2013	347,713			465,075			611,605			16,186			51,679			13,017			265,185
Offsets to gross unrecognized tax benefits:
Loss carryovers	(345,674		)	(136,151		)	(611,605		)	(16,186		)	(22,078		)	(266		)	(225,286		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,039			$328,924			$—			$—			$29,601			$12,751			$39,899

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2012		$335,493			$390,493			$446,187			$11,052			$56,052			$19,225			$281,183
Additions based on tax positions related to the current year	10,409			8,974			67,721			8,401			497			1,656			8,715
Additions for tax positions of prior years	429,232			392,548			331,432			4,057			445			4,834			271,172
Reductions for tax positions of prior years	(39,534		)	(50,518		)	(169,465		)	(5,703		)	(2,506		)	(11,649		)	(20,934		)
Settlements	(390,931		)	(275,776		)	(139,202		)	(966		)	(2,470		)	(112		)	(279,790		)
Gross balance at December 31, 2012	344,669			465,721			536,673			16,841			52,018			13,954			260,346
Offsets to gross unrecognized tax benefits:
Loss carryovers	(342,127		)	(160,955		)	(536,673		)	(16,841		)	(35,511		)	(1,593		)	(249,424		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,542			$304,766			$—			$—			$16,507			$12,361			$10,922

Summary Of Unrecognized Tax Benefits That Would Affect Effective Income Tax Rate

The Registrant Subsidiaries’ balances of unrecognized tax benefits included amounts which, if recognized, would have reduced income tax expense as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$2.6		$0.6		$0.6
Entergy Gulf States Louisiana		$91.9		$44.0		$44.0
Entergy Louisiana		$175.4		$87.9		$92.4
Entergy Mississippi		$3.9		$3.9		$3.9
Entergy New Orleans		$50.7		$—		$—
Entergy Texas		$10.5		$10.1		$8.6
System Energy		$3.7		$3.3		$3.5

Summary Of Accrued Interest And Penalties Related To Unrecognized Tax Benefits

Accrued balances for the possible payment of interest are as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$17.0		$15.2		$21.8
Entergy Gulf States Louisiana		$21.0		$17.0		$33.1
Entergy Louisiana		$1.2		$1.0		$0.9
Entergy Mississippi		$2.8		$2.1		$2.4
Entergy New Orleans		$1.3		$0.9		$0.1
Entergy Texas		$1.0		$0.8		$0.7
System Energy		$23.8		$19.0		$33.2

Entergy Louisiana [Member]

Income Tax Expenses From Continuing Operations

Income taxes for 2014, 2013, and 2012 for Entergy’s Registrant Subsidiaries consist of the following:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($34,258	)		($3,857	)		($41,052	)		$8,103			($1,924	)		$48,610			$19,908
State	(678		)	(769		)	(422		)	7,474			520			4,877			15,379
Total	(34,936		)	(4,626		)	(41,474		)	15,577			(1,404		)	53,487			35,287
Deferred and non-current - net	119,841			96,446			140,348			42,305			13,952			(2,418		)	53,501
Investment tax credit adjustments - net	(1,276		)	(3,038		)	(2,604		)	(2,172		)	(224		)	(1,425		)	(5,478		)
Income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi		Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($13,574	)		$12,176			($30,973	)		$2,498		$15,017			$37,199			($6,199	)
State	6,122			(9,939		)	(5,692		)	4,849		(1,221		)	(843		)	15,845
Total	(7,452		)	2,237			(36,665		)	7,347		13,796			36,356			9,646
Deferred and non-current - net	101,253			57,620			121,416			41,150		(11,952		)	(4,639		)	60,614
Investment tax credit adjustments - net	(2,014		)	(3,038		)	(2,874		)	1,260		(225		)	(1,609		)	(1,407		)
Income taxes		$91,787			$56,819			$81,877			$49,757		$1,619			$30,108			$68,853

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		$64,069			($66,081	)		($132,999	)		$3,188			($9,484	)		($114,677	)		($50,491	)
State	6,712			9,535			(1,269		)	(4,425		)	(1,617		)	4,933			(8,544		)
Total	70,781			(56,546		)	(134,268		)	(1,237		)	(11,101		)	(109,744		)	(59,035		)
Deferred and non-current - net	26,042			112,390			8,463			59,045			18,586			144,471			137,832
Investment tax credit adjustments - net	(2,017		)	(3,228		)	(3,117		)	871			(245		)	(1,609		)	(1,682		)
Income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115

Total Income Taxes For Entergy Corporation And Subsidiaries

Total income taxes for the Registrant Subsidiaries differ from the amounts computed by applying the statutory income tax rate to income before taxes.  The reasons for the differences for the years 2014, 2013, and 2012 are:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$121,392			$162,491			$283,531			$74,821			$28,707			$74,804			$96,334
Income taxes	83,629			88,782			96,270			55,710			12,324			49,644			83,310
Pretax income		$205,021			$251,273			$379,801			$130,531			$41,031			$124,448			$179,644
Computed at statutory rate (35%)		$71,757			$87,946			$132,930			$45,686			$14,361			$43,557			$62,875
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	9,591			6,532			5,134			5,180			1,643			3,221			6,877
Regulatory differences - utility plant items	8,653			4,618			2,869			4,448			777			4,165			13,791
Equity component of AFUDC	(2,533		)	(2,602		)	(12,010		)	(833		)	(320		)	(1,035		)	(1,774		)
Amortization of investment tax credits	(1,251		)	(3,018		)	(2,576		)	(260		)	(218		)	(1,412		)	(3,476		)
Flow-through / permanent differences	(5,082		)	799			(1,024		)	555			(4,458		)	393			(327		)
Non-taxable dividend income	—			(10,590		)	(30,665		)	—			—			—			—
Provision for uncertain tax positions	1,881			4,108			1,228			718			405			522			5,235
Other - net	613			989			384			216			134			233			109
Total income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310
Effective Income Tax Rate	40.8		%	35.3		%	25.3		%	42.7		%	30.0		%	39.9		%	46.4		%

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$161,948			$161,662			$252,464			$82,159			$11,683			$57,881			$113,664
Income taxes	91,787			56,819			81,877			49,757			1,619			30,108			68,853
Pretax income		$253,735			$218,481			$334,341			$131,916			$13,302			$87,989			$182,517
Computed at statutory rate (35%)		$88,807			$76,468			$117,019			$46,171			$4,656			$30,796			$63,881
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	10,954			7,719			11,365			4,564			1,012			(897		)	5,900
Regulatory differences - utility plant items	7,938			4,865			2,140			2,603			453			3,256			11,070
Equity component of AFUDC	(3,820		)	(2,822		)	(10,278		)	(764		)	(322		)	(1,626		)	(2,724		)
Amortization of investment tax credits	(1,989		)	(3,018		)	(2,846		)	(260		)	(216		)	(1,596		)	(3,476		)
Flow-through / permanent differences	2,540			2,377			1,269			1,702			(4,402		)	2,467			(491		)
Net-of-tax regulatory liability	—			—			(2,899		)	—			—			—			—
Termination of business reorganization	(6,753		)	(3,619		)	(3,834		)	(4,177		)	(501		)	(3,542		)	(13		)
Non-taxable dividend income	—			(9,612		)	(27,341		)	—			—			—			—
Provision for uncertain tax positions	(6,527		)	(15,557		)	(3,088		)	(326		)	795			1,027			(5,353		)
Other - net	637			18			370			244			144			223			59
Total income taxes		$91,787			$56,819			$81,877			$49,757			$1,619			$30,108			$68,853
Effective Income Tax Rate	36.2		%	26.0		%	24.5		%	37.7		%	12.2		%	34.2		%	37.7		%

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$152,365			$158,977			$281,081			$46,768			$17,065			$41,971			$111,866
Income taxes (benefit)	94,806			52,616			(128,922		)	58,679			7,240			33,118			77,115
Pretax income		$247,171			$211,593			$152,159			$105,447			$24,305			$75,089			$188,981
Computed at statutory rate (35%)		$86,510			$74,058			$53,256			$36,906			$8,507			$26,281			$66,143
Increases (reductions) resulting from:
State income taxes net of federal income tax effect	11,282			5,087			1,976			3,944			505			3,115			6,652
Regulatory differences - utility plant items	6,778			8,472			312			2,619			2,289			3,668			11,389
Equity component of AFUDC	(2,495		)	(3,042		)	(12,919		)	(1,383		)	(276		)	(1,587		)	(9,136		)
Amortization of investment tax credits	(1,992		)	(3,204		)	(3,089		)	(264		)	(240		)	(1,596		)	(3,480		)
Net-of-tax regulatory liability	—			—			(4,356		)	—			—			—			—
Flow-through / permanent differences	3,427			(7,646		)	1,397			1,961			(4,385		)	1,585			(357		)
Non-taxable dividend income	—			(9,836		)	(27,336		)	—			—			—			—
Expense (benefit) of Entergy Corporation expenses	(19,403		)	(17,703		)	—			14,449			2,758			—			(10,241		)
Provision for uncertain tax positions	11,227			8,745			(143,583		)	870			(2,095		)	1,651			17,966
Change in regulatory recovery	—			(553		)	7,854			—			—			—			—
Other - net	(528		)	(1,762		)	(2,434		)	(423		)	177			1			(1,821		)
Total income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115
Effective Income Tax Rate	38.4		%	24.9		%	(84.7		%)	55.6		%	29.8		%	44.1		%	40.8		%

Significant Components Of Accumulated Deferred Income Taxes And Accrued Taxes

Significant components of accumulated deferred income taxes and taxes accrued for the Registrant Subsidiaries as of December 31, 2014 and 2013 are as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,657,503	)		($1,233,761	)		($1,515,091	)		($753,576	)		($186,153	)		($771,135	)		($668,779	)
Regulatory assets	(198,662		)	(106,287		)	(274,432		)	(30,114		)	—			(202,402		)	(110,087		)
Nuclear decommissioning trusts	(130,524		)	(43,611		)	(62,551		)	—			—			—			(74,063		)
Pension, net funding	(93,355		)	(46,403		)	(53,190		)	(27,861		)	(13,285		)	(25,616		)	(23,440		)
Deferred fuel	(82,050		)	(3,034		)	(500		)	(5,303		)	(407		)	2,045			(120		)
Power purchase agreements	(17,073		)	(67,083		)	—			2,129			13			847			—
Other	(33,827		)	(8,850		)	(75,432		)	(11,423		)	(11,500		)	(22,546		)	(19,802		)
Total	(2,212,994		)	(1,509,029		)	(1,981,196		)	(826,148		)	(211,332		)	(1,018,807		)	(896,291		)
Deferred tax assets:
Regulatory liabilities	145,466			70,068			111,533			7,214			29,580			4,079			90,290
Nuclear decommissioning liabilities	(43,134		)	48,815			97,323			—			—			—			(62,571		)
Pension and other post-employment benefits	(17,534		)	88,606			70,055			(7,288		)	(7,504		)	(15,053		)	(1,413		)
Sale and leaseback	—			—			45,136			—			—			—			108,172
Accumulated deferred investment tax credit	14,791			33,941			24,922			2,436			332			5,158			18,862
Provision for allowances and contingencies	(7,149		)	43,512			82,293			19,590			10,986			8,017			133
Unbilled/deferred revenues	12,322			(18,553		)	(6,463		)	12,956			3,395			11,573			—
Compensation	2,085			641			(483		)	(846		)	475			4,155			—
Net operating loss carryforwards	105,063			—			241,803			—			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			3,504			—			—			—
Other	258			8,102			7,406			5,887			2,891			3,850			2,000
Total	212,168			275,132			673,525			43,453			40,155			21,779			155,473
Noncurrent accrued taxes (including unrecognized tax benefits)	9,367			(388,230		)	(24,278		)	(12,481		)	(19,502		)	(48,921		)	(81,528		)
Accumulated deferred income taxes and taxes accrued		($1,991,459	)		($1,622,127	)		($1,331,949	)		($795,176	)		($190,679	)		($1,045,949	)		($822,346	)

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,613,195	)		($1,259,173	)		($1,347,534	)		($727,545	)		($196,726	)		($759,263	)		($698,151	)
Regulatory assets	(212,339		)	(102,362		)	(255,068		)	(33,277		)	—			(205,402		)	(113,849		)
Nuclear decommissioning trusts	(110,004		)	(32,574		)	(50,248		)	—			—			—			(58,308		)
Pension, net funding	(79,589		)	(45,342		)	(50,630		)	(24,392		)	(11,606		)	(23,598		)	(21,187		)
Deferred fuel	(26,946		)	(4,361		)	(512		)	(21,823		)	63			(470		)	(129		)
Power purchase agreements	(7,053		)	(20,234		)	—			—			13			1,269			—
Other	(62,046		)	(25,694		)	(69,194		)	(10,732		)	(13,446		)	(58,963		)	(8,969		)
Total	(2,111,172		)	(1,489,740		)	(1,773,186		)	(817,769		)	(221,702		)	(1,046,427		)	(900,593		)
Deferred tax assets:
Regulatory liabilities	120,966			60,176			94,019			8,357			35,764			7,952			76,135
Nuclear decommissioning liabilities	(64,571		)	49,439			92,206			—			—			—			(71,898		)
Pension and other post-employment benefits	(12,132		)	73,136			62,999			(1,345		)	1,532			(13,417		)	(2,073		)
Sale and leaseback	—			—			52,054			—			—			—			124,065
Accumulated deferred investment tax credit	15,281			35,297			25,913			3,263			416			5,651			20,956
Provision for allowances and contingencies	12,313			14,784			3,347			13,066			8,535			5,980			—
Unbilled/deferred revenues	37,825			(22,340		)	3,026			6,791			4,226			10,655			—
Compensation	7,131			4,701			3,470			1,778			1,696			6,774			822
Net operating loss carryforwards	85,875			—			230,592			19,400			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			6,173			—			—			—
Other	3,682			4,939			4,148			4,224			2,930			3,807			2,001
Total	206,370			220,132			571,774			61,707			55,099			27,402			150,008
Noncurrent accrued taxes (including unrecognized tax benefits)	22,565			(279,269		)	25,512			(6,290		)	(5,015		)	(37,777		)	10,302
Accumulated deferred income taxes and taxes accrued		($1,882,237	)		($1,548,877	)		($1,175,900	)		($762,352	)		($171,618	)		($1,056,802	)		($740,283	)

Entergy's Estimated Tax Attributes, Carryovers And Their Expiration Dates

The Registrant Subsidiaries’ estimated tax attributes carryovers and their expiration dates as of December 31, 2014 are as follows:

	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
Federal net operating losses		$1.3	billion		$151	million		$2.1	billion	—				$55	million	—				$392	million
Year(s) of expiration	2029-2034			2029-2032			2029-2034			N/A			2031-2034			N/A			2030-2032
State net operating losses		$235	million		$580	million		$3	billion	—				$24	million	—			—
Year(s) of expiration	2015-2028			2024-2027			2024-2029			N/A			2026-2029			N/A			N/A
Misc. federal credits		$1	million		$6	million		$13	million		$1	million	—			—				$10	million
Year(s) of expiration	2029-2033			2029-2033			2026-2033			2029-2033			N/A			N/A			2029-2033
State credits	—			—			—				$9.5	million	—				$3.4	million		$15.7	million
Year(s) of expiration	N/A			N/A			N/A			2015-2019			N/A			2026			2015-2019

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of the Registrant Subsidiaries’ beginning and ending amount of unrecognized tax benefits for 2014, 2013, and 2012 is as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2014		$347,713			$465,075			$611,605			$16,186			$51,679			$13,017			$265,185
Additions based on tax positions related to the current year	14,511			55,053			96,196			3,928			2,235			4,225			2,744
Additions for tax positions of prior years	1,767			5,204			1,720			319			37			303			566
Reductions for tax positions of prior years	(1,079		)	(7,995		)	(20,929		)	(289		)	(188		)	(267		)	(10,253		)
Settlements	—			—			—			—			—			(14		)	—
Gross balance at December 31, 2014	362,912			517,337			688,592			20,144			53,763			17,264			258,242
Offsets to gross unrecognized tax benefits:
Loss carryovers	(361,043		)	(89,448		)	(650,540		)	(6,992		)	(20,735		)	(241		)	(163,124		)
Unrecognized tax benefits net of unused tax attributes and payments		$1,869			$427,889			$38,052			$13,152			$33,028			$17,023			$95,118

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2013		$344,669			$465,721			$536,673			$16,841			$52,018			$13,954			$260,346
Additions based on tax positions related to the current year	6,427			7,276			10,611			957			583			2,170			4,170
Additions for tax positions of prior years	1,228			7,189			118,025			401			3,506			587			8,391
Reductions for tax positions of prior years	(3,943		)	(15,045		)	(38,428		)	(1,941		)	(962		)	(4,186		)	(967		)
Settlements	(668		)	(66		)	(15,276		)	(72		)	(3,466		)	492			(6,755		)
Gross balance at December 31, 2013	347,713			465,075			611,605			16,186			51,679			13,017			265,185
Offsets to gross unrecognized tax benefits:
Loss carryovers	(345,674		)	(136,151		)	(611,605		)	(16,186		)	(22,078		)	(266		)	(225,286		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,039			$328,924			$—			$—			$29,601			$12,751			$39,899

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2012		$335,493			$390,493			$446,187			$11,052			$56,052			$19,225			$281,183
Additions based on tax positions related to the current year	10,409			8,974			67,721			8,401			497			1,656			8,715
Additions for tax positions of prior years	429,232			392,548			331,432			4,057			445			4,834			271,172
Reductions for tax positions of prior years	(39,534		)	(50,518		)	(169,465		)	(5,703		)	(2,506		)	(11,649		)	(20,934		)
Settlements	(390,931		)	(275,776		)	(139,202		)	(966		)	(2,470		)	(112		)	(279,790		)
Gross balance at December 31, 2012	344,669			465,721			536,673			16,841			52,018			13,954			260,346
Offsets to gross unrecognized tax benefits:
Loss carryovers	(342,127		)	(160,955		)	(536,673		)	(16,841		)	(35,511		)	(1,593		)	(249,424		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,542			$304,766			$—			$—			$16,507			$12,361			$10,922

Summary Of Unrecognized Tax Benefits That Would Affect Effective Income Tax Rate

The Registrant Subsidiaries’ balances of unrecognized tax benefits included amounts which, if recognized, would have reduced income tax expense as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$2.6		$0.6		$0.6
Entergy Gulf States Louisiana		$91.9		$44.0		$44.0
Entergy Louisiana		$175.4		$87.9		$92.4
Entergy Mississippi		$3.9		$3.9		$3.9
Entergy New Orleans		$50.7		$—		$—
Entergy Texas		$10.5		$10.1		$8.6
System Energy		$3.7		$3.3		$3.5

Summary Of Accrued Interest And Penalties Related To Unrecognized Tax Benefits

Accrued balances for the possible payment of interest are as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$17.0		$15.2		$21.8
Entergy Gulf States Louisiana		$21.0		$17.0		$33.1
Entergy Louisiana		$1.2		$1.0		$0.9
Entergy Mississippi		$2.8		$2.1		$2.4
Entergy New Orleans		$1.3		$0.9		$0.1
Entergy Texas		$1.0		$0.8		$0.7
System Energy		$23.8		$19.0		$33.2

Entergy Mississippi [Member]

Income Tax Expenses From Continuing Operations

Income taxes for 2014, 2013, and 2012 for Entergy’s Registrant Subsidiaries consist of the following:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($34,258	)		($3,857	)		($41,052	)		$8,103			($1,924	)		$48,610			$19,908
State	(678		)	(769		)	(422		)	7,474			520			4,877			15,379
Total	(34,936		)	(4,626		)	(41,474		)	15,577			(1,404		)	53,487			35,287
Deferred and non-current - net	119,841			96,446			140,348			42,305			13,952			(2,418		)	53,501
Investment tax credit adjustments - net	(1,276		)	(3,038		)	(2,604		)	(2,172		)	(224		)	(1,425		)	(5,478		)
Income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi		Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($13,574	)		$12,176			($30,973	)		$2,498		$15,017			$37,199			($6,199	)
State	6,122			(9,939		)	(5,692		)	4,849		(1,221		)	(843		)	15,845
Total	(7,452		)	2,237			(36,665		)	7,347		13,796			36,356			9,646
Deferred and non-current - net	101,253			57,620			121,416			41,150		(11,952		)	(4,639		)	60,614
Investment tax credit adjustments - net	(2,014		)	(3,038		)	(2,874		)	1,260		(225		)	(1,609		)	(1,407		)
Income taxes		$91,787			$56,819			$81,877			$49,757		$1,619			$30,108			$68,853

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		$64,069			($66,081	)		($132,999	)		$3,188			($9,484	)		($114,677	)		($50,491	)
State	6,712			9,535			(1,269		)	(4,425		)	(1,617		)	4,933			(8,544		)
Total	70,781			(56,546		)	(134,268		)	(1,237		)	(11,101		)	(109,744		)	(59,035		)
Deferred and non-current - net	26,042			112,390			8,463			59,045			18,586			144,471			137,832
Investment tax credit adjustments - net	(2,017		)	(3,228		)	(3,117		)	871			(245		)	(1,609		)	(1,682		)
Income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115

Total Income Taxes For Entergy Corporation And Subsidiaries

Total income taxes for the Registrant Subsidiaries differ from the amounts computed by applying the statutory income tax rate to income before taxes.  The reasons for the differences for the years 2014, 2013, and 2012 are:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$121,392			$162,491			$283,531			$74,821			$28,707			$74,804			$96,334
Income taxes	83,629			88,782			96,270			55,710			12,324			49,644			83,310
Pretax income		$205,021			$251,273			$379,801			$130,531			$41,031			$124,448			$179,644
Computed at statutory rate (35%)		$71,757			$87,946			$132,930			$45,686			$14,361			$43,557			$62,875
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	9,591			6,532			5,134			5,180			1,643			3,221			6,877
Regulatory differences - utility plant items	8,653			4,618			2,869			4,448			777			4,165			13,791
Equity component of AFUDC	(2,533		)	(2,602		)	(12,010		)	(833		)	(320		)	(1,035		)	(1,774		)
Amortization of investment tax credits	(1,251		)	(3,018		)	(2,576		)	(260		)	(218		)	(1,412		)	(3,476		)
Flow-through / permanent differences	(5,082		)	799			(1,024		)	555			(4,458		)	393			(327		)
Non-taxable dividend income	—			(10,590		)	(30,665		)	—			—			—			—
Provision for uncertain tax positions	1,881			4,108			1,228			718			405			522			5,235
Other - net	613			989			384			216			134			233			109
Total income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310
Effective Income Tax Rate	40.8		%	35.3		%	25.3		%	42.7		%	30.0		%	39.9		%	46.4		%

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$161,948			$161,662			$252,464			$82,159			$11,683			$57,881			$113,664
Income taxes	91,787			56,819			81,877			49,757			1,619			30,108			68,853
Pretax income		$253,735			$218,481			$334,341			$131,916			$13,302			$87,989			$182,517
Computed at statutory rate (35%)		$88,807			$76,468			$117,019			$46,171			$4,656			$30,796			$63,881
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	10,954			7,719			11,365			4,564			1,012			(897		)	5,900
Regulatory differences - utility plant items	7,938			4,865			2,140			2,603			453			3,256			11,070
Equity component of AFUDC	(3,820		)	(2,822		)	(10,278		)	(764		)	(322		)	(1,626		)	(2,724		)
Amortization of investment tax credits	(1,989		)	(3,018		)	(2,846		)	(260		)	(216		)	(1,596		)	(3,476		)
Flow-through / permanent differences	2,540			2,377			1,269			1,702			(4,402		)	2,467			(491		)
Net-of-tax regulatory liability	—			—			(2,899		)	—			—			—			—
Termination of business reorganization	(6,753		)	(3,619		)	(3,834		)	(4,177		)	(501		)	(3,542		)	(13		)
Non-taxable dividend income	—			(9,612		)	(27,341		)	—			—			—			—
Provision for uncertain tax positions	(6,527		)	(15,557		)	(3,088		)	(326		)	795			1,027			(5,353		)
Other - net	637			18			370			244			144			223			59
Total income taxes		$91,787			$56,819			$81,877			$49,757			$1,619			$30,108			$68,853
Effective Income Tax Rate	36.2		%	26.0		%	24.5		%	37.7		%	12.2		%	34.2		%	37.7		%

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$152,365			$158,977			$281,081			$46,768			$17,065			$41,971			$111,866
Income taxes (benefit)	94,806			52,616			(128,922		)	58,679			7,240			33,118			77,115
Pretax income		$247,171			$211,593			$152,159			$105,447			$24,305			$75,089			$188,981
Computed at statutory rate (35%)		$86,510			$74,058			$53,256			$36,906			$8,507			$26,281			$66,143
Increases (reductions) resulting from:
State income taxes net of federal income tax effect	11,282			5,087			1,976			3,944			505			3,115			6,652
Regulatory differences - utility plant items	6,778			8,472			312			2,619			2,289			3,668			11,389
Equity component of AFUDC	(2,495		)	(3,042		)	(12,919		)	(1,383		)	(276		)	(1,587		)	(9,136		)
Amortization of investment tax credits	(1,992		)	(3,204		)	(3,089		)	(264		)	(240		)	(1,596		)	(3,480		)
Net-of-tax regulatory liability	—			—			(4,356		)	—			—			—			—
Flow-through / permanent differences	3,427			(7,646		)	1,397			1,961			(4,385		)	1,585			(357		)
Non-taxable dividend income	—			(9,836		)	(27,336		)	—			—			—			—
Expense (benefit) of Entergy Corporation expenses	(19,403		)	(17,703		)	—			14,449			2,758			—			(10,241		)
Provision for uncertain tax positions	11,227			8,745			(143,583		)	870			(2,095		)	1,651			17,966
Change in regulatory recovery	—			(553		)	7,854			—			—			—			—
Other - net	(528		)	(1,762		)	(2,434		)	(423		)	177			1			(1,821		)
Total income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115
Effective Income Tax Rate	38.4		%	24.9		%	(84.7		%)	55.6		%	29.8		%	44.1		%	40.8		%

Significant Components Of Accumulated Deferred Income Taxes And Accrued Taxes

Significant components of accumulated deferred income taxes and taxes accrued for the Registrant Subsidiaries as of December 31, 2014 and 2013 are as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,657,503	)		($1,233,761	)		($1,515,091	)		($753,576	)		($186,153	)		($771,135	)		($668,779	)
Regulatory assets	(198,662		)	(106,287		)	(274,432		)	(30,114		)	—			(202,402		)	(110,087		)
Nuclear decommissioning trusts	(130,524		)	(43,611		)	(62,551		)	—			—			—			(74,063		)
Pension, net funding	(93,355		)	(46,403		)	(53,190		)	(27,861		)	(13,285		)	(25,616		)	(23,440		)
Deferred fuel	(82,050		)	(3,034		)	(500		)	(5,303		)	(407		)	2,045			(120		)
Power purchase agreements	(17,073		)	(67,083		)	—			2,129			13			847			—
Other	(33,827		)	(8,850		)	(75,432		)	(11,423		)	(11,500		)	(22,546		)	(19,802		)
Total	(2,212,994		)	(1,509,029		)	(1,981,196		)	(826,148		)	(211,332		)	(1,018,807		)	(896,291		)
Deferred tax assets:
Regulatory liabilities	145,466			70,068			111,533			7,214			29,580			4,079			90,290
Nuclear decommissioning liabilities	(43,134		)	48,815			97,323			—			—			—			(62,571		)
Pension and other post-employment benefits	(17,534		)	88,606			70,055			(7,288		)	(7,504		)	(15,053		)	(1,413		)
Sale and leaseback	—			—			45,136			—			—			—			108,172
Accumulated deferred investment tax credit	14,791			33,941			24,922			2,436			332			5,158			18,862
Provision for allowances and contingencies	(7,149		)	43,512			82,293			19,590			10,986			8,017			133
Unbilled/deferred revenues	12,322			(18,553		)	(6,463		)	12,956			3,395			11,573			—
Compensation	2,085			641			(483		)	(846		)	475			4,155			—
Net operating loss carryforwards	105,063			—			241,803			—			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			3,504			—			—			—
Other	258			8,102			7,406			5,887			2,891			3,850			2,000
Total	212,168			275,132			673,525			43,453			40,155			21,779			155,473
Noncurrent accrued taxes (including unrecognized tax benefits)	9,367			(388,230		)	(24,278		)	(12,481		)	(19,502		)	(48,921		)	(81,528		)
Accumulated deferred income taxes and taxes accrued		($1,991,459	)		($1,622,127	)		($1,331,949	)		($795,176	)		($190,679	)		($1,045,949	)		($822,346	)

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,613,195	)		($1,259,173	)		($1,347,534	)		($727,545	)		($196,726	)		($759,263	)		($698,151	)
Regulatory assets	(212,339		)	(102,362		)	(255,068		)	(33,277		)	—			(205,402		)	(113,849		)
Nuclear decommissioning trusts	(110,004		)	(32,574		)	(50,248		)	—			—			—			(58,308		)
Pension, net funding	(79,589		)	(45,342		)	(50,630		)	(24,392		)	(11,606		)	(23,598		)	(21,187		)
Deferred fuel	(26,946		)	(4,361		)	(512		)	(21,823		)	63			(470		)	(129		)
Power purchase agreements	(7,053		)	(20,234		)	—			—			13			1,269			—
Other	(62,046		)	(25,694		)	(69,194		)	(10,732		)	(13,446		)	(58,963		)	(8,969		)
Total	(2,111,172		)	(1,489,740		)	(1,773,186		)	(817,769		)	(221,702		)	(1,046,427		)	(900,593		)
Deferred tax assets:
Regulatory liabilities	120,966			60,176			94,019			8,357			35,764			7,952			76,135
Nuclear decommissioning liabilities	(64,571		)	49,439			92,206			—			—			—			(71,898		)
Pension and other post-employment benefits	(12,132		)	73,136			62,999			(1,345		)	1,532			(13,417		)	(2,073		)
Sale and leaseback	—			—			52,054			—			—			—			124,065
Accumulated deferred investment tax credit	15,281			35,297			25,913			3,263			416			5,651			20,956
Provision for allowances and contingencies	12,313			14,784			3,347			13,066			8,535			5,980			—
Unbilled/deferred revenues	37,825			(22,340		)	3,026			6,791			4,226			10,655			—
Compensation	7,131			4,701			3,470			1,778			1,696			6,774			822
Net operating loss carryforwards	85,875			—			230,592			19,400			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			6,173			—			—			—
Other	3,682			4,939			4,148			4,224			2,930			3,807			2,001
Total	206,370			220,132			571,774			61,707			55,099			27,402			150,008
Noncurrent accrued taxes (including unrecognized tax benefits)	22,565			(279,269		)	25,512			(6,290		)	(5,015		)	(37,777		)	10,302
Accumulated deferred income taxes and taxes accrued		($1,882,237	)		($1,548,877	)		($1,175,900	)		($762,352	)		($171,618	)		($1,056,802	)		($740,283	)

Entergy's Estimated Tax Attributes, Carryovers And Their Expiration Dates

The Registrant Subsidiaries’ estimated tax attributes carryovers and their expiration dates as of December 31, 2014 are as follows:

	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
Federal net operating losses		$1.3	billion		$151	million		$2.1	billion	—				$55	million	—				$392	million
Year(s) of expiration	2029-2034			2029-2032			2029-2034			N/A			2031-2034			N/A			2030-2032
State net operating losses		$235	million		$580	million		$3	billion	—				$24	million	—			—
Year(s) of expiration	2015-2028			2024-2027			2024-2029			N/A			2026-2029			N/A			N/A
Misc. federal credits		$1	million		$6	million		$13	million		$1	million	—			—				$10	million
Year(s) of expiration	2029-2033			2029-2033			2026-2033			2029-2033			N/A			N/A			2029-2033
State credits	—			—			—				$9.5	million	—				$3.4	million		$15.7	million
Year(s) of expiration	N/A			N/A			N/A			2015-2019			N/A			2026			2015-2019

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of the Registrant Subsidiaries’ beginning and ending amount of unrecognized tax benefits for 2014, 2013, and 2012 is as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2014		$347,713			$465,075			$611,605			$16,186			$51,679			$13,017			$265,185
Additions based on tax positions related to the current year	14,511			55,053			96,196			3,928			2,235			4,225			2,744
Additions for tax positions of prior years	1,767			5,204			1,720			319			37			303			566
Reductions for tax positions of prior years	(1,079		)	(7,995		)	(20,929		)	(289		)	(188		)	(267		)	(10,253		)
Settlements	—			—			—			—			—			(14		)	—
Gross balance at December 31, 2014	362,912			517,337			688,592			20,144			53,763			17,264			258,242
Offsets to gross unrecognized tax benefits:
Loss carryovers	(361,043		)	(89,448		)	(650,540		)	(6,992		)	(20,735		)	(241		)	(163,124		)
Unrecognized tax benefits net of unused tax attributes and payments		$1,869			$427,889			$38,052			$13,152			$33,028			$17,023			$95,118

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2013		$344,669			$465,721			$536,673			$16,841			$52,018			$13,954			$260,346
Additions based on tax positions related to the current year	6,427			7,276			10,611			957			583			2,170			4,170
Additions for tax positions of prior years	1,228			7,189			118,025			401			3,506			587			8,391
Reductions for tax positions of prior years	(3,943		)	(15,045		)	(38,428		)	(1,941		)	(962		)	(4,186		)	(967		)
Settlements	(668		)	(66		)	(15,276		)	(72		)	(3,466		)	492			(6,755		)
Gross balance at December 31, 2013	347,713			465,075			611,605			16,186			51,679			13,017			265,185
Offsets to gross unrecognized tax benefits:
Loss carryovers	(345,674		)	(136,151		)	(611,605		)	(16,186		)	(22,078		)	(266		)	(225,286		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,039			$328,924			$—			$—			$29,601			$12,751			$39,899

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2012		$335,493			$390,493			$446,187			$11,052			$56,052			$19,225			$281,183
Additions based on tax positions related to the current year	10,409			8,974			67,721			8,401			497			1,656			8,715
Additions for tax positions of prior years	429,232			392,548			331,432			4,057			445			4,834			271,172
Reductions for tax positions of prior years	(39,534		)	(50,518		)	(169,465		)	(5,703		)	(2,506		)	(11,649		)	(20,934		)
Settlements	(390,931		)	(275,776		)	(139,202		)	(966		)	(2,470		)	(112		)	(279,790		)
Gross balance at December 31, 2012	344,669			465,721			536,673			16,841			52,018			13,954			260,346
Offsets to gross unrecognized tax benefits:
Loss carryovers	(342,127		)	(160,955		)	(536,673		)	(16,841		)	(35,511		)	(1,593		)	(249,424		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,542			$304,766			$—			$—			$16,507			$12,361			$10,922

Summary Of Unrecognized Tax Benefits That Would Affect Effective Income Tax Rate

The Registrant Subsidiaries’ balances of unrecognized tax benefits included amounts which, if recognized, would have reduced income tax expense as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$2.6		$0.6		$0.6
Entergy Gulf States Louisiana		$91.9		$44.0		$44.0
Entergy Louisiana		$175.4		$87.9		$92.4
Entergy Mississippi		$3.9		$3.9		$3.9
Entergy New Orleans		$50.7		$—		$—
Entergy Texas		$10.5		$10.1		$8.6
System Energy		$3.7		$3.3		$3.5

Summary Of Accrued Interest And Penalties Related To Unrecognized Tax Benefits

Accrued balances for the possible payment of interest are as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$17.0		$15.2		$21.8
Entergy Gulf States Louisiana		$21.0		$17.0		$33.1
Entergy Louisiana		$1.2		$1.0		$0.9
Entergy Mississippi		$2.8		$2.1		$2.4
Entergy New Orleans		$1.3		$0.9		$0.1
Entergy Texas		$1.0		$0.8		$0.7
System Energy		$23.8		$19.0		$33.2

Entergy New Orleans [Member]

Income Tax Expenses From Continuing Operations

Income taxes for 2014, 2013, and 2012 for Entergy’s Registrant Subsidiaries consist of the following:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($34,258	)		($3,857	)		($41,052	)		$8,103			($1,924	)		$48,610			$19,908
State	(678		)	(769		)	(422		)	7,474			520			4,877			15,379
Total	(34,936		)	(4,626		)	(41,474		)	15,577			(1,404		)	53,487			35,287
Deferred and non-current - net	119,841			96,446			140,348			42,305			13,952			(2,418		)	53,501
Investment tax credit adjustments - net	(1,276		)	(3,038		)	(2,604		)	(2,172		)	(224		)	(1,425		)	(5,478		)
Income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi		Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($13,574	)		$12,176			($30,973	)		$2,498		$15,017			$37,199			($6,199	)
State	6,122			(9,939		)	(5,692		)	4,849		(1,221		)	(843		)	15,845
Total	(7,452		)	2,237			(36,665		)	7,347		13,796			36,356			9,646
Deferred and non-current - net	101,253			57,620			121,416			41,150		(11,952		)	(4,639		)	60,614
Investment tax credit adjustments - net	(2,014		)	(3,038		)	(2,874		)	1,260		(225		)	(1,609		)	(1,407		)
Income taxes		$91,787			$56,819			$81,877			$49,757		$1,619			$30,108			$68,853

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		$64,069			($66,081	)		($132,999	)		$3,188			($9,484	)		($114,677	)		($50,491	)
State	6,712			9,535			(1,269		)	(4,425		)	(1,617		)	4,933			(8,544		)
Total	70,781			(56,546		)	(134,268		)	(1,237		)	(11,101		)	(109,744		)	(59,035		)
Deferred and non-current - net	26,042			112,390			8,463			59,045			18,586			144,471			137,832
Investment tax credit adjustments - net	(2,017		)	(3,228		)	(3,117		)	871			(245		)	(1,609		)	(1,682		)
Income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115

Total Income Taxes For Entergy Corporation And Subsidiaries

Total income taxes for the Registrant Subsidiaries differ from the amounts computed by applying the statutory income tax rate to income before taxes.  The reasons for the differences for the years 2014, 2013, and 2012 are:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$121,392			$162,491			$283,531			$74,821			$28,707			$74,804			$96,334
Income taxes	83,629			88,782			96,270			55,710			12,324			49,644			83,310
Pretax income		$205,021			$251,273			$379,801			$130,531			$41,031			$124,448			$179,644
Computed at statutory rate (35%)		$71,757			$87,946			$132,930			$45,686			$14,361			$43,557			$62,875
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	9,591			6,532			5,134			5,180			1,643			3,221			6,877
Regulatory differences - utility plant items	8,653			4,618			2,869			4,448			777			4,165			13,791
Equity component of AFUDC	(2,533		)	(2,602		)	(12,010		)	(833		)	(320		)	(1,035		)	(1,774		)
Amortization of investment tax credits	(1,251		)	(3,018		)	(2,576		)	(260		)	(218		)	(1,412		)	(3,476		)
Flow-through / permanent differences	(5,082		)	799			(1,024		)	555			(4,458		)	393			(327		)
Non-taxable dividend income	—			(10,590		)	(30,665		)	—			—			—			—
Provision for uncertain tax positions	1,881			4,108			1,228			718			405			522			5,235
Other - net	613			989			384			216			134			233			109
Total income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310
Effective Income Tax Rate	40.8		%	35.3		%	25.3		%	42.7		%	30.0		%	39.9		%	46.4		%

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$161,948			$161,662			$252,464			$82,159			$11,683			$57,881			$113,664
Income taxes	91,787			56,819			81,877			49,757			1,619			30,108			68,853
Pretax income		$253,735			$218,481			$334,341			$131,916			$13,302			$87,989			$182,517
Computed at statutory rate (35%)		$88,807			$76,468			$117,019			$46,171			$4,656			$30,796			$63,881
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	10,954			7,719			11,365			4,564			1,012			(897		)	5,900
Regulatory differences - utility plant items	7,938			4,865			2,140			2,603			453			3,256			11,070
Equity component of AFUDC	(3,820		)	(2,822		)	(10,278		)	(764		)	(322		)	(1,626		)	(2,724		)
Amortization of investment tax credits	(1,989		)	(3,018		)	(2,846		)	(260		)	(216		)	(1,596		)	(3,476		)
Flow-through / permanent differences	2,540			2,377			1,269			1,702			(4,402		)	2,467			(491		)
Net-of-tax regulatory liability	—			—			(2,899		)	—			—			—			—
Termination of business reorganization	(6,753		)	(3,619		)	(3,834		)	(4,177		)	(501		)	(3,542		)	(13		)
Non-taxable dividend income	—			(9,612		)	(27,341		)	—			—			—			—
Provision for uncertain tax positions	(6,527		)	(15,557		)	(3,088		)	(326		)	795			1,027			(5,353		)
Other - net	637			18			370			244			144			223			59
Total income taxes		$91,787			$56,819			$81,877			$49,757			$1,619			$30,108			$68,853
Effective Income Tax Rate	36.2		%	26.0		%	24.5		%	37.7		%	12.2		%	34.2		%	37.7		%

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$152,365			$158,977			$281,081			$46,768			$17,065			$41,971			$111,866
Income taxes (benefit)	94,806			52,616			(128,922		)	58,679			7,240			33,118			77,115
Pretax income		$247,171			$211,593			$152,159			$105,447			$24,305			$75,089			$188,981
Computed at statutory rate (35%)		$86,510			$74,058			$53,256			$36,906			$8,507			$26,281			$66,143
Increases (reductions) resulting from:
State income taxes net of federal income tax effect	11,282			5,087			1,976			3,944			505			3,115			6,652
Regulatory differences - utility plant items	6,778			8,472			312			2,619			2,289			3,668			11,389
Equity component of AFUDC	(2,495		)	(3,042		)	(12,919		)	(1,383		)	(276		)	(1,587		)	(9,136		)
Amortization of investment tax credits	(1,992		)	(3,204		)	(3,089		)	(264		)	(240		)	(1,596		)	(3,480		)
Net-of-tax regulatory liability	—			—			(4,356		)	—			—			—			—
Flow-through / permanent differences	3,427			(7,646		)	1,397			1,961			(4,385		)	1,585			(357		)
Non-taxable dividend income	—			(9,836		)	(27,336		)	—			—			—			—
Expense (benefit) of Entergy Corporation expenses	(19,403		)	(17,703		)	—			14,449			2,758			—			(10,241		)
Provision for uncertain tax positions	11,227			8,745			(143,583		)	870			(2,095		)	1,651			17,966
Change in regulatory recovery	—			(553		)	7,854			—			—			—			—
Other - net	(528		)	(1,762		)	(2,434		)	(423		)	177			1			(1,821		)
Total income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115
Effective Income Tax Rate	38.4		%	24.9		%	(84.7		%)	55.6		%	29.8		%	44.1		%	40.8		%

Significant Components Of Accumulated Deferred Income Taxes And Accrued Taxes

Significant components of accumulated deferred income taxes and taxes accrued for the Registrant Subsidiaries as of December 31, 2014 and 2013 are as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,657,503	)		($1,233,761	)		($1,515,091	)		($753,576	)		($186,153	)		($771,135	)		($668,779	)
Regulatory assets	(198,662		)	(106,287		)	(274,432		)	(30,114		)	—			(202,402		)	(110,087		)
Nuclear decommissioning trusts	(130,524		)	(43,611		)	(62,551		)	—			—			—			(74,063		)
Pension, net funding	(93,355		)	(46,403		)	(53,190		)	(27,861		)	(13,285		)	(25,616		)	(23,440		)
Deferred fuel	(82,050		)	(3,034		)	(500		)	(5,303		)	(407		)	2,045			(120		)
Power purchase agreements	(17,073		)	(67,083		)	—			2,129			13			847			—
Other	(33,827		)	(8,850		)	(75,432		)	(11,423		)	(11,500		)	(22,546		)	(19,802		)
Total	(2,212,994		)	(1,509,029		)	(1,981,196		)	(826,148		)	(211,332		)	(1,018,807		)	(896,291		)
Deferred tax assets:
Regulatory liabilities	145,466			70,068			111,533			7,214			29,580			4,079			90,290
Nuclear decommissioning liabilities	(43,134		)	48,815			97,323			—			—			—			(62,571		)
Pension and other post-employment benefits	(17,534		)	88,606			70,055			(7,288		)	(7,504		)	(15,053		)	(1,413		)
Sale and leaseback	—			—			45,136			—			—			—			108,172
Accumulated deferred investment tax credit	14,791			33,941			24,922			2,436			332			5,158			18,862
Provision for allowances and contingencies	(7,149		)	43,512			82,293			19,590			10,986			8,017			133
Unbilled/deferred revenues	12,322			(18,553		)	(6,463		)	12,956			3,395			11,573			—
Compensation	2,085			641			(483		)	(846		)	475			4,155			—
Net operating loss carryforwards	105,063			—			241,803			—			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			3,504			—			—			—
Other	258			8,102			7,406			5,887			2,891			3,850			2,000
Total	212,168			275,132			673,525			43,453			40,155			21,779			155,473
Noncurrent accrued taxes (including unrecognized tax benefits)	9,367			(388,230		)	(24,278		)	(12,481		)	(19,502		)	(48,921		)	(81,528		)
Accumulated deferred income taxes and taxes accrued		($1,991,459	)		($1,622,127	)		($1,331,949	)		($795,176	)		($190,679	)		($1,045,949	)		($822,346	)

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,613,195	)		($1,259,173	)		($1,347,534	)		($727,545	)		($196,726	)		($759,263	)		($698,151	)
Regulatory assets	(212,339		)	(102,362		)	(255,068		)	(33,277		)	—			(205,402		)	(113,849		)
Nuclear decommissioning trusts	(110,004		)	(32,574		)	(50,248		)	—			—			—			(58,308		)
Pension, net funding	(79,589		)	(45,342		)	(50,630		)	(24,392		)	(11,606		)	(23,598		)	(21,187		)
Deferred fuel	(26,946		)	(4,361		)	(512		)	(21,823		)	63			(470		)	(129		)
Power purchase agreements	(7,053		)	(20,234		)	—			—			13			1,269			—
Other	(62,046		)	(25,694		)	(69,194		)	(10,732		)	(13,446		)	(58,963		)	(8,969		)
Total	(2,111,172		)	(1,489,740		)	(1,773,186		)	(817,769		)	(221,702		)	(1,046,427		)	(900,593		)
Deferred tax assets:
Regulatory liabilities	120,966			60,176			94,019			8,357			35,764			7,952			76,135
Nuclear decommissioning liabilities	(64,571		)	49,439			92,206			—			—			—			(71,898		)
Pension and other post-employment benefits	(12,132		)	73,136			62,999			(1,345		)	1,532			(13,417		)	(2,073		)
Sale and leaseback	—			—			52,054			—			—			—			124,065
Accumulated deferred investment tax credit	15,281			35,297			25,913			3,263			416			5,651			20,956
Provision for allowances and contingencies	12,313			14,784			3,347			13,066			8,535			5,980			—
Unbilled/deferred revenues	37,825			(22,340		)	3,026			6,791			4,226			10,655			—
Compensation	7,131			4,701			3,470			1,778			1,696			6,774			822
Net operating loss carryforwards	85,875			—			230,592			19,400			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			6,173			—			—			—
Other	3,682			4,939			4,148			4,224			2,930			3,807			2,001
Total	206,370			220,132			571,774			61,707			55,099			27,402			150,008
Noncurrent accrued taxes (including unrecognized tax benefits)	22,565			(279,269		)	25,512			(6,290		)	(5,015		)	(37,777		)	10,302
Accumulated deferred income taxes and taxes accrued		($1,882,237	)		($1,548,877	)		($1,175,900	)		($762,352	)		($171,618	)		($1,056,802	)		($740,283	)

Entergy's Estimated Tax Attributes, Carryovers And Their Expiration Dates

The Registrant Subsidiaries’ estimated tax attributes carryovers and their expiration dates as of December 31, 2014 are as follows:

	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
Federal net operating losses		$1.3	billion		$151	million		$2.1	billion	—				$55	million	—				$392	million
Year(s) of expiration	2029-2034			2029-2032			2029-2034			N/A			2031-2034			N/A			2030-2032
State net operating losses		$235	million		$580	million		$3	billion	—				$24	million	—			—
Year(s) of expiration	2015-2028			2024-2027			2024-2029			N/A			2026-2029			N/A			N/A
Misc. federal credits		$1	million		$6	million		$13	million		$1	million	—			—				$10	million
Year(s) of expiration	2029-2033			2029-2033			2026-2033			2029-2033			N/A			N/A			2029-2033
State credits	—			—			—				$9.5	million	—				$3.4	million		$15.7	million
Year(s) of expiration	N/A			N/A			N/A			2015-2019			N/A			2026			2015-2019

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of the Registrant Subsidiaries’ beginning and ending amount of unrecognized tax benefits for 2014, 2013, and 2012 is as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2014		$347,713			$465,075			$611,605			$16,186			$51,679			$13,017			$265,185
Additions based on tax positions related to the current year	14,511			55,053			96,196			3,928			2,235			4,225			2,744
Additions for tax positions of prior years	1,767			5,204			1,720			319			37			303			566
Reductions for tax positions of prior years	(1,079		)	(7,995		)	(20,929		)	(289		)	(188		)	(267		)	(10,253		)
Settlements	—			—			—			—			—			(14		)	—
Gross balance at December 31, 2014	362,912			517,337			688,592			20,144			53,763			17,264			258,242
Offsets to gross unrecognized tax benefits:
Loss carryovers	(361,043		)	(89,448		)	(650,540		)	(6,992		)	(20,735		)	(241		)	(163,124		)
Unrecognized tax benefits net of unused tax attributes and payments		$1,869			$427,889			$38,052			$13,152			$33,028			$17,023			$95,118

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2013		$344,669			$465,721			$536,673			$16,841			$52,018			$13,954			$260,346
Additions based on tax positions related to the current year	6,427			7,276			10,611			957			583			2,170			4,170
Additions for tax positions of prior years	1,228			7,189			118,025			401			3,506			587			8,391
Reductions for tax positions of prior years	(3,943		)	(15,045		)	(38,428		)	(1,941		)	(962		)	(4,186		)	(967		)
Settlements	(668		)	(66		)	(15,276		)	(72		)	(3,466		)	492			(6,755		)
Gross balance at December 31, 2013	347,713			465,075			611,605			16,186			51,679			13,017			265,185
Offsets to gross unrecognized tax benefits:
Loss carryovers	(345,674		)	(136,151		)	(611,605		)	(16,186		)	(22,078		)	(266		)	(225,286		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,039			$328,924			$—			$—			$29,601			$12,751			$39,899

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2012		$335,493			$390,493			$446,187			$11,052			$56,052			$19,225			$281,183
Additions based on tax positions related to the current year	10,409			8,974			67,721			8,401			497			1,656			8,715
Additions for tax positions of prior years	429,232			392,548			331,432			4,057			445			4,834			271,172
Reductions for tax positions of prior years	(39,534		)	(50,518		)	(169,465		)	(5,703		)	(2,506		)	(11,649		)	(20,934		)
Settlements	(390,931		)	(275,776		)	(139,202		)	(966		)	(2,470		)	(112		)	(279,790		)
Gross balance at December 31, 2012	344,669			465,721			536,673			16,841			52,018			13,954			260,346
Offsets to gross unrecognized tax benefits:
Loss carryovers	(342,127		)	(160,955		)	(536,673		)	(16,841		)	(35,511		)	(1,593		)	(249,424		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,542			$304,766			$—			$—			$16,507			$12,361			$10,922

Summary Of Unrecognized Tax Benefits That Would Affect Effective Income Tax Rate

The Registrant Subsidiaries’ balances of unrecognized tax benefits included amounts which, if recognized, would have reduced income tax expense as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$2.6		$0.6		$0.6
Entergy Gulf States Louisiana		$91.9		$44.0		$44.0
Entergy Louisiana		$175.4		$87.9		$92.4
Entergy Mississippi		$3.9		$3.9		$3.9
Entergy New Orleans		$50.7		$—		$—
Entergy Texas		$10.5		$10.1		$8.6
System Energy		$3.7		$3.3		$3.5

Summary Of Accrued Interest And Penalties Related To Unrecognized Tax Benefits

Accrued balances for the possible payment of interest are as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$17.0		$15.2		$21.8
Entergy Gulf States Louisiana		$21.0		$17.0		$33.1
Entergy Louisiana		$1.2		$1.0		$0.9
Entergy Mississippi		$2.8		$2.1		$2.4
Entergy New Orleans		$1.3		$0.9		$0.1
Entergy Texas		$1.0		$0.8		$0.7
System Energy		$23.8		$19.0		$33.2

Entergy Texas [Member]

Income Tax Expenses From Continuing Operations

Income taxes for 2014, 2013, and 2012 for Entergy’s Registrant Subsidiaries consist of the following:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($34,258	)		($3,857	)		($41,052	)		$8,103			($1,924	)		$48,610			$19,908
State	(678		)	(769		)	(422		)	7,474			520			4,877			15,379
Total	(34,936		)	(4,626		)	(41,474		)	15,577			(1,404		)	53,487			35,287
Deferred and non-current - net	119,841			96,446			140,348			42,305			13,952			(2,418		)	53,501
Investment tax credit adjustments - net	(1,276		)	(3,038		)	(2,604		)	(2,172		)	(224		)	(1,425		)	(5,478		)
Income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi		Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($13,574	)		$12,176			($30,973	)		$2,498		$15,017			$37,199			($6,199	)
State	6,122			(9,939		)	(5,692		)	4,849		(1,221		)	(843		)	15,845
Total	(7,452		)	2,237			(36,665		)	7,347		13,796			36,356			9,646
Deferred and non-current - net	101,253			57,620			121,416			41,150		(11,952		)	(4,639		)	60,614
Investment tax credit adjustments - net	(2,014		)	(3,038		)	(2,874		)	1,260		(225		)	(1,609		)	(1,407		)
Income taxes		$91,787			$56,819			$81,877			$49,757		$1,619			$30,108			$68,853

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		$64,069			($66,081	)		($132,999	)		$3,188			($9,484	)		($114,677	)		($50,491	)
State	6,712			9,535			(1,269		)	(4,425		)	(1,617		)	4,933			(8,544		)
Total	70,781			(56,546		)	(134,268		)	(1,237		)	(11,101		)	(109,744		)	(59,035		)
Deferred and non-current - net	26,042			112,390			8,463			59,045			18,586			144,471			137,832
Investment tax credit adjustments - net	(2,017		)	(3,228		)	(3,117		)	871			(245		)	(1,609		)	(1,682		)
Income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115

Total Income Taxes For Entergy Corporation And Subsidiaries

Total income taxes for the Registrant Subsidiaries differ from the amounts computed by applying the statutory income tax rate to income before taxes.  The reasons for the differences for the years 2014, 2013, and 2012 are:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$121,392			$162,491			$283,531			$74,821			$28,707			$74,804			$96,334
Income taxes	83,629			88,782			96,270			55,710			12,324			49,644			83,310
Pretax income		$205,021			$251,273			$379,801			$130,531			$41,031			$124,448			$179,644
Computed at statutory rate (35%)		$71,757			$87,946			$132,930			$45,686			$14,361			$43,557			$62,875
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	9,591			6,532			5,134			5,180			1,643			3,221			6,877
Regulatory differences - utility plant items	8,653			4,618			2,869			4,448			777			4,165			13,791
Equity component of AFUDC	(2,533		)	(2,602		)	(12,010		)	(833		)	(320		)	(1,035		)	(1,774		)
Amortization of investment tax credits	(1,251		)	(3,018		)	(2,576		)	(260		)	(218		)	(1,412		)	(3,476		)
Flow-through / permanent differences	(5,082		)	799			(1,024		)	555			(4,458		)	393			(327		)
Non-taxable dividend income	—			(10,590		)	(30,665		)	—			—			—			—
Provision for uncertain tax positions	1,881			4,108			1,228			718			405			522			5,235
Other - net	613			989			384			216			134			233			109
Total income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310
Effective Income Tax Rate	40.8		%	35.3		%	25.3		%	42.7		%	30.0		%	39.9		%	46.4		%

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$161,948			$161,662			$252,464			$82,159			$11,683			$57,881			$113,664
Income taxes	91,787			56,819			81,877			49,757			1,619			30,108			68,853
Pretax income		$253,735			$218,481			$334,341			$131,916			$13,302			$87,989			$182,517
Computed at statutory rate (35%)		$88,807			$76,468			$117,019			$46,171			$4,656			$30,796			$63,881
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	10,954			7,719			11,365			4,564			1,012			(897		)	5,900
Regulatory differences - utility plant items	7,938			4,865			2,140			2,603			453			3,256			11,070
Equity component of AFUDC	(3,820		)	(2,822		)	(10,278		)	(764		)	(322		)	(1,626		)	(2,724		)
Amortization of investment tax credits	(1,989		)	(3,018		)	(2,846		)	(260		)	(216		)	(1,596		)	(3,476		)
Flow-through / permanent differences	2,540			2,377			1,269			1,702			(4,402		)	2,467			(491		)
Net-of-tax regulatory liability	—			—			(2,899		)	—			—			—			—
Termination of business reorganization	(6,753		)	(3,619		)	(3,834		)	(4,177		)	(501		)	(3,542		)	(13		)
Non-taxable dividend income	—			(9,612		)	(27,341		)	—			—			—			—
Provision for uncertain tax positions	(6,527		)	(15,557		)	(3,088		)	(326		)	795			1,027			(5,353		)
Other - net	637			18			370			244			144			223			59
Total income taxes		$91,787			$56,819			$81,877			$49,757			$1,619			$30,108			$68,853
Effective Income Tax Rate	36.2		%	26.0		%	24.5		%	37.7		%	12.2		%	34.2		%	37.7		%

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$152,365			$158,977			$281,081			$46,768			$17,065			$41,971			$111,866
Income taxes (benefit)	94,806			52,616			(128,922		)	58,679			7,240			33,118			77,115
Pretax income		$247,171			$211,593			$152,159			$105,447			$24,305			$75,089			$188,981
Computed at statutory rate (35%)		$86,510			$74,058			$53,256			$36,906			$8,507			$26,281			$66,143
Increases (reductions) resulting from:
State income taxes net of federal income tax effect	11,282			5,087			1,976			3,944			505			3,115			6,652
Regulatory differences - utility plant items	6,778			8,472			312			2,619			2,289			3,668			11,389
Equity component of AFUDC	(2,495		)	(3,042		)	(12,919		)	(1,383		)	(276		)	(1,587		)	(9,136		)
Amortization of investment tax credits	(1,992		)	(3,204		)	(3,089		)	(264		)	(240		)	(1,596		)	(3,480		)
Net-of-tax regulatory liability	—			—			(4,356		)	—			—			—			—
Flow-through / permanent differences	3,427			(7,646		)	1,397			1,961			(4,385		)	1,585			(357		)
Non-taxable dividend income	—			(9,836		)	(27,336		)	—			—			—			—
Expense (benefit) of Entergy Corporation expenses	(19,403		)	(17,703		)	—			14,449			2,758			—			(10,241		)
Provision for uncertain tax positions	11,227			8,745			(143,583		)	870			(2,095		)	1,651			17,966
Change in regulatory recovery	—			(553		)	7,854			—			—			—			—
Other - net	(528		)	(1,762		)	(2,434		)	(423		)	177			1			(1,821		)
Total income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115
Effective Income Tax Rate	38.4		%	24.9		%	(84.7		%)	55.6		%	29.8		%	44.1		%	40.8		%

Significant Components Of Accumulated Deferred Income Taxes And Accrued Taxes

Significant components of accumulated deferred income taxes and taxes accrued for the Registrant Subsidiaries as of December 31, 2014 and 2013 are as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,657,503	)		($1,233,761	)		($1,515,091	)		($753,576	)		($186,153	)		($771,135	)		($668,779	)
Regulatory assets	(198,662		)	(106,287		)	(274,432		)	(30,114		)	—			(202,402		)	(110,087		)
Nuclear decommissioning trusts	(130,524		)	(43,611		)	(62,551		)	—			—			—			(74,063		)
Pension, net funding	(93,355		)	(46,403		)	(53,190		)	(27,861		)	(13,285		)	(25,616		)	(23,440		)
Deferred fuel	(82,050		)	(3,034		)	(500		)	(5,303		)	(407		)	2,045			(120		)
Power purchase agreements	(17,073		)	(67,083		)	—			2,129			13			847			—
Other	(33,827		)	(8,850		)	(75,432		)	(11,423		)	(11,500		)	(22,546		)	(19,802		)
Total	(2,212,994		)	(1,509,029		)	(1,981,196		)	(826,148		)	(211,332		)	(1,018,807		)	(896,291		)
Deferred tax assets:
Regulatory liabilities	145,466			70,068			111,533			7,214			29,580			4,079			90,290
Nuclear decommissioning liabilities	(43,134		)	48,815			97,323			—			—			—			(62,571		)
Pension and other post-employment benefits	(17,534		)	88,606			70,055			(7,288		)	(7,504		)	(15,053		)	(1,413		)
Sale and leaseback	—			—			45,136			—			—			—			108,172
Accumulated deferred investment tax credit	14,791			33,941			24,922			2,436			332			5,158			18,862
Provision for allowances and contingencies	(7,149		)	43,512			82,293			19,590			10,986			8,017			133
Unbilled/deferred revenues	12,322			(18,553		)	(6,463		)	12,956			3,395			11,573			—
Compensation	2,085			641			(483		)	(846		)	475			4,155			—
Net operating loss carryforwards	105,063			—			241,803			—			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			3,504			—			—			—
Other	258			8,102			7,406			5,887			2,891			3,850			2,000
Total	212,168			275,132			673,525			43,453			40,155			21,779			155,473
Noncurrent accrued taxes (including unrecognized tax benefits)	9,367			(388,230		)	(24,278		)	(12,481		)	(19,502		)	(48,921		)	(81,528		)
Accumulated deferred income taxes and taxes accrued		($1,991,459	)		($1,622,127	)		($1,331,949	)		($795,176	)		($190,679	)		($1,045,949	)		($822,346	)

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,613,195	)		($1,259,173	)		($1,347,534	)		($727,545	)		($196,726	)		($759,263	)		($698,151	)
Regulatory assets	(212,339		)	(102,362		)	(255,068		)	(33,277		)	—			(205,402		)	(113,849		)
Nuclear decommissioning trusts	(110,004		)	(32,574		)	(50,248		)	—			—			—			(58,308		)
Pension, net funding	(79,589		)	(45,342		)	(50,630		)	(24,392		)	(11,606		)	(23,598		)	(21,187		)
Deferred fuel	(26,946		)	(4,361		)	(512		)	(21,823		)	63			(470		)	(129		)
Power purchase agreements	(7,053		)	(20,234		)	—			—			13			1,269			—
Other	(62,046		)	(25,694		)	(69,194		)	(10,732		)	(13,446		)	(58,963		)	(8,969		)
Total	(2,111,172		)	(1,489,740		)	(1,773,186		)	(817,769		)	(221,702		)	(1,046,427		)	(900,593		)
Deferred tax assets:
Regulatory liabilities	120,966			60,176			94,019			8,357			35,764			7,952			76,135
Nuclear decommissioning liabilities	(64,571		)	49,439			92,206			—			—			—			(71,898		)
Pension and other post-employment benefits	(12,132		)	73,136			62,999			(1,345		)	1,532			(13,417		)	(2,073		)
Sale and leaseback	—			—			52,054			—			—			—			124,065
Accumulated deferred investment tax credit	15,281			35,297			25,913			3,263			416			5,651			20,956
Provision for allowances and contingencies	12,313			14,784			3,347			13,066			8,535			5,980			—
Unbilled/deferred revenues	37,825			(22,340		)	3,026			6,791			4,226			10,655			—
Compensation	7,131			4,701			3,470			1,778			1,696			6,774			822
Net operating loss carryforwards	85,875			—			230,592			19,400			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			6,173			—			—			—
Other	3,682			4,939			4,148			4,224			2,930			3,807			2,001
Total	206,370			220,132			571,774			61,707			55,099			27,402			150,008
Noncurrent accrued taxes (including unrecognized tax benefits)	22,565			(279,269		)	25,512			(6,290		)	(5,015		)	(37,777		)	10,302
Accumulated deferred income taxes and taxes accrued		($1,882,237	)		($1,548,877	)		($1,175,900	)		($762,352	)		($171,618	)		($1,056,802	)		($740,283	)

Entergy's Estimated Tax Attributes, Carryovers And Their Expiration Dates

The Registrant Subsidiaries’ estimated tax attributes carryovers and their expiration dates as of December 31, 2014 are as follows:

	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
Federal net operating losses		$1.3	billion		$151	million		$2.1	billion	—				$55	million	—				$392	million
Year(s) of expiration	2029-2034			2029-2032			2029-2034			N/A			2031-2034			N/A			2030-2032
State net operating losses		$235	million		$580	million		$3	billion	—				$24	million	—			—
Year(s) of expiration	2015-2028			2024-2027			2024-2029			N/A			2026-2029			N/A			N/A
Misc. federal credits		$1	million		$6	million		$13	million		$1	million	—			—				$10	million
Year(s) of expiration	2029-2033			2029-2033			2026-2033			2029-2033			N/A			N/A			2029-2033
State credits	—			—			—				$9.5	million	—				$3.4	million		$15.7	million
Year(s) of expiration	N/A			N/A			N/A			2015-2019			N/A			2026			2015-2019

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of the Registrant Subsidiaries’ beginning and ending amount of unrecognized tax benefits for 2014, 2013, and 2012 is as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2014		$347,713			$465,075			$611,605			$16,186			$51,679			$13,017			$265,185
Additions based on tax positions related to the current year	14,511			55,053			96,196			3,928			2,235			4,225			2,744
Additions for tax positions of prior years	1,767			5,204			1,720			319			37			303			566
Reductions for tax positions of prior years	(1,079		)	(7,995		)	(20,929		)	(289		)	(188		)	(267		)	(10,253		)
Settlements	—			—			—			—			—			(14		)	—
Gross balance at December 31, 2014	362,912			517,337			688,592			20,144			53,763			17,264			258,242
Offsets to gross unrecognized tax benefits:
Loss carryovers	(361,043		)	(89,448		)	(650,540		)	(6,992		)	(20,735		)	(241		)	(163,124		)
Unrecognized tax benefits net of unused tax attributes and payments		$1,869			$427,889			$38,052			$13,152			$33,028			$17,023			$95,118

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2013		$344,669			$465,721			$536,673			$16,841			$52,018			$13,954			$260,346
Additions based on tax positions related to the current year	6,427			7,276			10,611			957			583			2,170			4,170
Additions for tax positions of prior years	1,228			7,189			118,025			401			3,506			587			8,391
Reductions for tax positions of prior years	(3,943		)	(15,045		)	(38,428		)	(1,941		)	(962		)	(4,186		)	(967		)
Settlements	(668		)	(66		)	(15,276		)	(72		)	(3,466		)	492			(6,755		)
Gross balance at December 31, 2013	347,713			465,075			611,605			16,186			51,679			13,017			265,185
Offsets to gross unrecognized tax benefits:
Loss carryovers	(345,674		)	(136,151		)	(611,605		)	(16,186		)	(22,078		)	(266		)	(225,286		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,039			$328,924			$—			$—			$29,601			$12,751			$39,899

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2012		$335,493			$390,493			$446,187			$11,052			$56,052			$19,225			$281,183
Additions based on tax positions related to the current year	10,409			8,974			67,721			8,401			497			1,656			8,715
Additions for tax positions of prior years	429,232			392,548			331,432			4,057			445			4,834			271,172
Reductions for tax positions of prior years	(39,534		)	(50,518		)	(169,465		)	(5,703		)	(2,506		)	(11,649		)	(20,934		)
Settlements	(390,931		)	(275,776		)	(139,202		)	(966		)	(2,470		)	(112		)	(279,790		)
Gross balance at December 31, 2012	344,669			465,721			536,673			16,841			52,018			13,954			260,346
Offsets to gross unrecognized tax benefits:
Loss carryovers	(342,127		)	(160,955		)	(536,673		)	(16,841		)	(35,511		)	(1,593		)	(249,424		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,542			$304,766			$—			$—			$16,507			$12,361			$10,922

Summary Of Unrecognized Tax Benefits That Would Affect Effective Income Tax Rate

The Registrant Subsidiaries’ balances of unrecognized tax benefits included amounts which, if recognized, would have reduced income tax expense as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$2.6		$0.6		$0.6
Entergy Gulf States Louisiana		$91.9		$44.0		$44.0
Entergy Louisiana		$175.4		$87.9		$92.4
Entergy Mississippi		$3.9		$3.9		$3.9
Entergy New Orleans		$50.7		$—		$—
Entergy Texas		$10.5		$10.1		$8.6
System Energy		$3.7		$3.3		$3.5

Summary Of Accrued Interest And Penalties Related To Unrecognized Tax Benefits

Accrued balances for the possible payment of interest are as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$17.0		$15.2		$21.8
Entergy Gulf States Louisiana		$21.0		$17.0		$33.1
Entergy Louisiana		$1.2		$1.0		$0.9
Entergy Mississippi		$2.8		$2.1		$2.4
Entergy New Orleans		$1.3		$0.9		$0.1
Entergy Texas		$1.0		$0.8		$0.7
System Energy		$23.8		$19.0		$33.2

System Energy [Member]

Income Tax Expenses From Continuing Operations

Income taxes for 2014, 2013, and 2012 for Entergy’s Registrant Subsidiaries consist of the following:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($34,258	)		($3,857	)		($41,052	)		$8,103			($1,924	)		$48,610			$19,908
State	(678		)	(769		)	(422		)	7,474			520			4,877			15,379
Total	(34,936		)	(4,626		)	(41,474		)	15,577			(1,404		)	53,487			35,287
Deferred and non-current - net	119,841			96,446			140,348			42,305			13,952			(2,418		)	53,501
Investment tax credit adjustments - net	(1,276		)	(3,038		)	(2,604		)	(2,172		)	(224		)	(1,425		)	(5,478		)
Income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi		Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		($13,574	)		$12,176			($30,973	)		$2,498		$15,017			$37,199			($6,199	)
State	6,122			(9,939		)	(5,692		)	4,849		(1,221		)	(843		)	15,845
Total	(7,452		)	2,237			(36,665		)	7,347		13,796			36,356			9,646
Deferred and non-current - net	101,253			57,620			121,416			41,150		(11,952		)	(4,639		)	60,614
Investment tax credit adjustments - net	(2,014		)	(3,038		)	(2,874		)	1,260		(225		)	(1,609		)	(1,407		)
Income taxes		$91,787			$56,819			$81,877			$49,757		$1,619			$30,108			$68,853

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Current:
Federal		$64,069			($66,081	)		($132,999	)		$3,188			($9,484	)		($114,677	)		($50,491	)
State	6,712			9,535			(1,269		)	(4,425		)	(1,617		)	4,933			(8,544		)
Total	70,781			(56,546		)	(134,268		)	(1,237		)	(11,101		)	(109,744		)	(59,035		)
Deferred and non-current - net	26,042			112,390			8,463			59,045			18,586			144,471			137,832
Investment tax credit adjustments - net	(2,017		)	(3,228		)	(3,117		)	871			(245		)	(1,609		)	(1,682		)
Income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115

Total Income Taxes For Entergy Corporation And Subsidiaries

Total income taxes for the Registrant Subsidiaries differ from the amounts computed by applying the statutory income tax rate to income before taxes.  The reasons for the differences for the years 2014, 2013, and 2012 are:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$121,392			$162,491			$283,531			$74,821			$28,707			$74,804			$96,334
Income taxes	83,629			88,782			96,270			55,710			12,324			49,644			83,310
Pretax income		$205,021			$251,273			$379,801			$130,531			$41,031			$124,448			$179,644
Computed at statutory rate (35%)		$71,757			$87,946			$132,930			$45,686			$14,361			$43,557			$62,875
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	9,591			6,532			5,134			5,180			1,643			3,221			6,877
Regulatory differences - utility plant items	8,653			4,618			2,869			4,448			777			4,165			13,791
Equity component of AFUDC	(2,533		)	(2,602		)	(12,010		)	(833		)	(320		)	(1,035		)	(1,774		)
Amortization of investment tax credits	(1,251		)	(3,018		)	(2,576		)	(260		)	(218		)	(1,412		)	(3,476		)
Flow-through / permanent differences	(5,082		)	799			(1,024		)	555			(4,458		)	393			(327		)
Non-taxable dividend income	—			(10,590		)	(30,665		)	—			—			—			—
Provision for uncertain tax positions	1,881			4,108			1,228			718			405			522			5,235
Other - net	613			989			384			216			134			233			109
Total income taxes		$83,629			$88,782			$96,270			$55,710			$12,324			$49,644			$83,310
Effective Income Tax Rate	40.8		%	35.3		%	25.3		%	42.7		%	30.0		%	39.9		%	46.4		%

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$161,948			$161,662			$252,464			$82,159			$11,683			$57,881			$113,664
Income taxes	91,787			56,819			81,877			49,757			1,619			30,108			68,853
Pretax income		$253,735			$218,481			$334,341			$131,916			$13,302			$87,989			$182,517
Computed at statutory rate (35%)		$88,807			$76,468			$117,019			$46,171			$4,656			$30,796			$63,881
Increases (reductions) in tax resulting from:
State income taxes net of federal income tax effect	10,954			7,719			11,365			4,564			1,012			(897		)	5,900
Regulatory differences - utility plant items	7,938			4,865			2,140			2,603			453			3,256			11,070
Equity component of AFUDC	(3,820		)	(2,822		)	(10,278		)	(764		)	(322		)	(1,626		)	(2,724		)
Amortization of investment tax credits	(1,989		)	(3,018		)	(2,846		)	(260		)	(216		)	(1,596		)	(3,476		)
Flow-through / permanent differences	2,540			2,377			1,269			1,702			(4,402		)	2,467			(491		)
Net-of-tax regulatory liability	—			—			(2,899		)	—			—			—			—
Termination of business reorganization	(6,753		)	(3,619		)	(3,834		)	(4,177		)	(501		)	(3,542		)	(13		)
Non-taxable dividend income	—			(9,612		)	(27,341		)	—			—			—			—
Provision for uncertain tax positions	(6,527		)	(15,557		)	(3,088		)	(326		)	795			1,027			(5,353		)
Other - net	637			18			370			244			144			223			59
Total income taxes		$91,787			$56,819			$81,877			$49,757			$1,619			$30,108			$68,853
Effective Income Tax Rate	36.2		%	26.0		%	24.5		%	37.7		%	12.2		%	34.2		%	37.7		%

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Net income		$152,365			$158,977			$281,081			$46,768			$17,065			$41,971			$111,866
Income taxes (benefit)	94,806			52,616			(128,922		)	58,679			7,240			33,118			77,115
Pretax income		$247,171			$211,593			$152,159			$105,447			$24,305			$75,089			$188,981
Computed at statutory rate (35%)		$86,510			$74,058			$53,256			$36,906			$8,507			$26,281			$66,143
Increases (reductions) resulting from:
State income taxes net of federal income tax effect	11,282			5,087			1,976			3,944			505			3,115			6,652
Regulatory differences - utility plant items	6,778			8,472			312			2,619			2,289			3,668			11,389
Equity component of AFUDC	(2,495		)	(3,042		)	(12,919		)	(1,383		)	(276		)	(1,587		)	(9,136		)
Amortization of investment tax credits	(1,992		)	(3,204		)	(3,089		)	(264		)	(240		)	(1,596		)	(3,480		)
Net-of-tax regulatory liability	—			—			(4,356		)	—			—			—			—
Flow-through / permanent differences	3,427			(7,646		)	1,397			1,961			(4,385		)	1,585			(357		)
Non-taxable dividend income	—			(9,836		)	(27,336		)	—			—			—			—
Expense (benefit) of Entergy Corporation expenses	(19,403		)	(17,703		)	—			14,449			2,758			—			(10,241		)
Provision for uncertain tax positions	11,227			8,745			(143,583		)	870			(2,095		)	1,651			17,966
Change in regulatory recovery	—			(553		)	7,854			—			—			—			—
Other - net	(528		)	(1,762		)	(2,434		)	(423		)	177			1			(1,821		)
Total income taxes		$94,806			$52,616			($128,922	)		$58,679			$7,240			$33,118			$77,115
Effective Income Tax Rate	38.4		%	24.9		%	(84.7		%)	55.6		%	29.8		%	44.1		%	40.8		%

Significant Components Of Accumulated Deferred Income Taxes And Accrued Taxes

Significant components of accumulated deferred income taxes and taxes accrued for the Registrant Subsidiaries as of December 31, 2014 and 2013 are as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,657,503	)		($1,233,761	)		($1,515,091	)		($753,576	)		($186,153	)		($771,135	)		($668,779	)
Regulatory assets	(198,662		)	(106,287		)	(274,432		)	(30,114		)	—			(202,402		)	(110,087		)
Nuclear decommissioning trusts	(130,524		)	(43,611		)	(62,551		)	—			—			—			(74,063		)
Pension, net funding	(93,355		)	(46,403		)	(53,190		)	(27,861		)	(13,285		)	(25,616		)	(23,440		)
Deferred fuel	(82,050		)	(3,034		)	(500		)	(5,303		)	(407		)	2,045			(120		)
Power purchase agreements	(17,073		)	(67,083		)	—			2,129			13			847			—
Other	(33,827		)	(8,850		)	(75,432		)	(11,423		)	(11,500		)	(22,546		)	(19,802		)
Total	(2,212,994		)	(1,509,029		)	(1,981,196		)	(826,148		)	(211,332		)	(1,018,807		)	(896,291		)
Deferred tax assets:
Regulatory liabilities	145,466			70,068			111,533			7,214			29,580			4,079			90,290
Nuclear decommissioning liabilities	(43,134		)	48,815			97,323			—			—			—			(62,571		)
Pension and other post-employment benefits	(17,534		)	88,606			70,055			(7,288		)	(7,504		)	(15,053		)	(1,413		)
Sale and leaseback	—			—			45,136			—			—			—			108,172
Accumulated deferred investment tax credit	14,791			33,941			24,922			2,436			332			5,158			18,862
Provision for allowances and contingencies	(7,149		)	43,512			82,293			19,590			10,986			8,017			133
Unbilled/deferred revenues	12,322			(18,553		)	(6,463		)	12,956			3,395			11,573			—
Compensation	2,085			641			(483		)	(846		)	475			4,155			—
Net operating loss carryforwards	105,063			—			241,803			—			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			3,504			—			—			—
Other	258			8,102			7,406			5,887			2,891			3,850			2,000
Total	212,168			275,132			673,525			43,453			40,155			21,779			155,473
Noncurrent accrued taxes (including unrecognized tax benefits)	9,367			(388,230		)	(24,278		)	(12,481		)	(19,502		)	(48,921		)	(81,528		)
Accumulated deferred income taxes and taxes accrued		($1,991,459	)		($1,622,127	)		($1,331,949	)		($795,176	)		($190,679	)		($1,045,949	)		($822,346	)

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Deferred tax liabilities:
Plant basis differences - net		($1,613,195	)		($1,259,173	)		($1,347,534	)		($727,545	)		($196,726	)		($759,263	)		($698,151	)
Regulatory assets	(212,339		)	(102,362		)	(255,068		)	(33,277		)	—			(205,402		)	(113,849		)
Nuclear decommissioning trusts	(110,004		)	(32,574		)	(50,248		)	—			—			—			(58,308		)
Pension, net funding	(79,589		)	(45,342		)	(50,630		)	(24,392		)	(11,606		)	(23,598		)	(21,187		)
Deferred fuel	(26,946		)	(4,361		)	(512		)	(21,823		)	63			(470		)	(129		)
Power purchase agreements	(7,053		)	(20,234		)	—			—			13			1,269			—
Other	(62,046		)	(25,694		)	(69,194		)	(10,732		)	(13,446		)	(58,963		)	(8,969		)
Total	(2,111,172		)	(1,489,740		)	(1,773,186		)	(817,769		)	(221,702		)	(1,046,427		)	(900,593		)
Deferred tax assets:
Regulatory liabilities	120,966			60,176			94,019			8,357			35,764			7,952			76,135
Nuclear decommissioning liabilities	(64,571		)	49,439			92,206			—			—			—			(71,898		)
Pension and other post-employment benefits	(12,132		)	73,136			62,999			(1,345		)	1,532			(13,417		)	(2,073		)
Sale and leaseback	—			—			52,054			—			—			—			124,065
Accumulated deferred investment tax credit	15,281			35,297			25,913			3,263			416			5,651			20,956
Provision for allowances and contingencies	12,313			14,784			3,347			13,066			8,535			5,980			—
Unbilled/deferred revenues	37,825			(22,340		)	3,026			6,791			4,226			10,655			—
Compensation	7,131			4,701			3,470			1,778			1,696			6,774			822
Net operating loss carryforwards	85,875			—			230,592			19,400			—			—			—
Capital losses and miscellaneous tax credits	—			—			—			6,173			—			—			—
Other	3,682			4,939			4,148			4,224			2,930			3,807			2,001
Total	206,370			220,132			571,774			61,707			55,099			27,402			150,008
Noncurrent accrued taxes (including unrecognized tax benefits)	22,565			(279,269		)	25,512			(6,290		)	(5,015		)	(37,777		)	10,302
Accumulated deferred income taxes and taxes accrued		($1,882,237	)		($1,548,877	)		($1,175,900	)		($762,352	)		($171,618	)		($1,056,802	)		($740,283	)

Entergy's Estimated Tax Attributes, Carryovers And Their Expiration Dates

The Registrant Subsidiaries’ estimated tax attributes carryovers and their expiration dates as of December 31, 2014 are as follows:

	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
Federal net operating losses		$1.3	billion		$151	million		$2.1	billion	—				$55	million	—				$392	million
Year(s) of expiration	2029-2034			2029-2032			2029-2034			N/A			2031-2034			N/A			2030-2032
State net operating losses		$235	million		$580	million		$3	billion	—				$24	million	—			—
Year(s) of expiration	2015-2028			2024-2027			2024-2029			N/A			2026-2029			N/A			N/A
Misc. federal credits		$1	million		$6	million		$13	million		$1	million	—			—				$10	million
Year(s) of expiration	2029-2033			2029-2033			2026-2033			2029-2033			N/A			N/A			2029-2033
State credits	—			—			—				$9.5	million	—				$3.4	million		$15.7	million
Year(s) of expiration	N/A			N/A			N/A			2015-2019			N/A			2026			2015-2019

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of the Registrant Subsidiaries’ beginning and ending amount of unrecognized tax benefits for 2014, 2013, and 2012 is as follows:

2014	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2014		$347,713			$465,075			$611,605			$16,186			$51,679			$13,017			$265,185
Additions based on tax positions related to the current year	14,511			55,053			96,196			3,928			2,235			4,225			2,744
Additions for tax positions of prior years	1,767			5,204			1,720			319			37			303			566
Reductions for tax positions of prior years	(1,079		)	(7,995		)	(20,929		)	(289		)	(188		)	(267		)	(10,253		)
Settlements	—			—			—			—			—			(14		)	—
Gross balance at December 31, 2014	362,912			517,337			688,592			20,144			53,763			17,264			258,242
Offsets to gross unrecognized tax benefits:
Loss carryovers	(361,043		)	(89,448		)	(650,540		)	(6,992		)	(20,735		)	(241		)	(163,124		)
Unrecognized tax benefits net of unused tax attributes and payments		$1,869			$427,889			$38,052			$13,152			$33,028			$17,023			$95,118

2013	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2013		$344,669			$465,721			$536,673			$16,841			$52,018			$13,954			$260,346
Additions based on tax positions related to the current year	6,427			7,276			10,611			957			583			2,170			4,170
Additions for tax positions of prior years	1,228			7,189			118,025			401			3,506			587			8,391
Reductions for tax positions of prior years	(3,943		)	(15,045		)	(38,428		)	(1,941		)	(962		)	(4,186		)	(967		)
Settlements	(668		)	(66		)	(15,276		)	(72		)	(3,466		)	492			(6,755		)
Gross balance at December 31, 2013	347,713			465,075			611,605			16,186			51,679			13,017			265,185
Offsets to gross unrecognized tax benefits:
Loss carryovers	(345,674		)	(136,151		)	(611,605		)	(16,186		)	(22,078		)	(266		)	(225,286		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,039			$328,924			$—			$—			$29,601			$12,751			$39,899

2012	Entergy Arkansas			Entergy Gulf States Louisiana			Entergy Louisiana			Entergy Mississippi			Entergy New Orleans			Entergy Texas			System Energy
	(In Thousands)
Gross balance at January 1, 2012		$335,493			$390,493			$446,187			$11,052			$56,052			$19,225			$281,183
Additions based on tax positions related to the current year	10,409			8,974			67,721			8,401			497			1,656			8,715
Additions for tax positions of prior years	429,232			392,548			331,432			4,057			445			4,834			271,172
Reductions for tax positions of prior years	(39,534		)	(50,518		)	(169,465		)	(5,703		)	(2,506		)	(11,649		)	(20,934		)
Settlements	(390,931		)	(275,776		)	(139,202		)	(966		)	(2,470		)	(112		)	(279,790		)
Gross balance at December 31, 2012	344,669			465,721			536,673			16,841			52,018			13,954			260,346
Offsets to gross unrecognized tax benefits:
Loss carryovers	(342,127		)	(160,955		)	(536,673		)	(16,841		)	(35,511		)	(1,593		)	(249,424		)
Unrecognized tax benefits net of unused tax attributes and payments		$2,542			$304,766			$—			$—			$16,507			$12,361			$10,922

Summary Of Unrecognized Tax Benefits That Would Affect Effective Income Tax Rate

The Registrant Subsidiaries’ balances of unrecognized tax benefits included amounts which, if recognized, would have reduced income tax expense as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$2.6		$0.6		$0.6
Entergy Gulf States Louisiana		$91.9		$44.0		$44.0
Entergy Louisiana		$175.4		$87.9		$92.4
Entergy Mississippi		$3.9		$3.9		$3.9
Entergy New Orleans		$50.7		$—		$—
Entergy Texas		$10.5		$10.1		$8.6
System Energy		$3.7		$3.3		$3.5

Summary Of Accrued Interest And Penalties Related To Unrecognized Tax Benefits

Accrued balances for the possible payment of interest are as follows:

	December 31,
	2014		2013		2012
	(In Millions)
Entergy Arkansas		$17.0		$15.2		$21.8
Entergy Gulf States Louisiana		$21.0		$17.0		$33.1
Entergy Louisiana		$1.2		$1.0		$0.9
Entergy Mississippi		$2.8		$2.1		$2.4
Entergy New Orleans		$1.3		$0.9		$0.1
Entergy Texas		$1.0		$0.8		$0.7
System Energy		$23.8		$19.0		$33.2