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Equity (Tables)
 9 Months Ended
Sep. 30, 2016
Schedule Of Earnings Per Share Basic And Diluted
The following table presents Entergy’s basic and diluted earnings (loss) per share calculations included on the consolidated statements of operations:
 
For the Three Months Ended September 30,
 
2016
 
2015
 
(In Millions, Except Per Share Data)
Basic earnings (loss) per share
Income
 
Shares
 
$/share
 
Loss
 
Shares
 
$/share
Net income (loss) attributable to Entergy Corporation

$388.2

 
179.0

 

$2.17

 

($723.0
)
 
179.2

 

($4.04
)
Average dilutive effect of:
 
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
0.3

 
—

 
 
 
—

 
—

Other equity plans
 
 
0.7

 
(0.01
)
 
 
 
—

 
—

Diluted earnings (loss) per share

$388.2

 
180.0

 

$2.16

 

($723.0
)
 
179.2

 

($4.04
)

The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 3.5 million for the three months ended September 30, 2016 and approximately 7.4 million for the three months ended September 30, 2015.
 
For the Nine Months Ended September 30,
 
2016
 
2015
 
(In Millions, Except Per Share Data)
Basic earnings (loss) per share
Income
 
Shares
 
$/share
 
Loss
 
Shares
 
$/share
Net income (loss) attributable to Entergy Corporation

$1,185.4

 
178.8

 

$6.63

 

($276.1
)
 
179.4

 

($1.54
)
Average dilutive effect of:
 
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
0.2

 
(0.01
)
 
 
 
—

 
—

Other equity plans
 
 
0.5

 
(0.02
)
 
 
 
—

 
—

Diluted earnings (loss) per share

$1,185.4

 
179.5

 

$6.60

 

($276.1
)
 
179.4

 

($1.54
)
Schedule of Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana.  The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2016 by component:
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, July 1, 2016

$32,423

 

($453,999
)
 

$411,581

 

$840

 

($9,155
)
Other comprehensive income (loss) before reclassifications
45,162

 
—

 
23,039

 
(92
)
 
68,109

Amounts reclassified from accumulated other comprehensive income (loss)
(24,190
)
 
5,044

 
(1,672
)
 
—

 
(20,818
)
Net other comprehensive income (loss) for the period
20,972

 
5,044

 
21,367

 
(92
)
 
47,291

Ending balance, September 30, 2016

$53,395

 

($448,955
)
 

$432,948

 

$748

 

$38,136


The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2015 by component:
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, July 1, 2015

$107,484

 

($553,903
)
 

$396,818

 

$2,785

 

($46,816
)
Other comprehensive income (loss) before reclassifications
31,620

 
—

 
(50,760
)
 
(469
)
 
(19,609
)
Amounts reclassified from accumulated other comprehensive income (loss)
(55,604
)
 
7,437

 
(3,206
)
 
—

 
(51,373
)
Net other comprehensive income (loss) for the period
(23,984
)
 
7,437

 
(53,966
)
 
(469
)
 
(70,982
)
Ending balance, September 30, 2015

$83,500

 

($546,466
)
 

$342,852

 

$2,316

 

($117,798
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2016 by component:
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, January 1, 2016

$105,970

 

($466,604
)
 

$367,557

 

$2,028

 

$8,951

Other comprehensive income (loss) before reclassifications
101,071

 
—

 
72,087

 
(1,280
)
 
171,878

Amounts reclassified from accumulated other comprehensive income (loss)
(153,646
)
 
17,649

 
(6,696
)
 
—

 
(142,693
)
Net other comprehensive income (loss) for the period
(52,575
)
 
17,649

 
65,391

 
(1,280
)
 
29,185

Ending balance, September 30, 2016

$53,395

 

($448,955
)
 

$432,948

 

$748

 

$38,136


The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2015 by component:
 
Cash flow
hedges
net
unrealized
gain (loss)
 
Pension
and
other
postretirement
liabilities
 
Net
unrealized
investment
gain (loss)
 
Foreign
currency
translation
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
 
(In Thousands)
Beginning balance, January 1, 2015

$98,118

 

($569,789
)
 

$426,695

 

$2,669

 

($42,307
)
Other comprehensive income (loss) before reclassifications
99,520

 
13

 
(63,210
)
 
(353
)
 
35,970

Amounts reclassified from accumulated other comprehensive income (loss)
(114,138
)
 
23,310

 
(20,633
)
 
—

 
(111,461
)
Net other comprehensive income (loss) for the period
(14,618
)
 
23,323

 
(83,843
)
 
(353
)
 
(75,491
)
Ending balance, September 30, 2015

$83,500

 

($546,466
)
 

$342,852

 

$2,316

 

($117,798
)
Reclassification out of Accumulated Other Comprehensive Income
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended September 30, 2016 are as follows:
 
Amounts
reclassified
from
AOCI
 
Income Statement Location
 
(In Thousands)
 
 
Cash flow hedges net unrealized gain (loss)
 
 
 
   Power contracts

$37,550

 
Competitive business operating revenues
   Interest rate swaps
(334
)
 
Miscellaneous - net
Total realized gain (loss) on cash flow hedges
37,216

 
 
 
(13,026
)
 
Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$24,190

 
 
 
 
 
 
Pension and other postretirement liabilities
 
 
 
   Amortization of prior-service credit

$7,354

 
(a)
   Amortization of loss
(15,183
)
 
(a)
   Settlement loss
(1,279
)
 
(a)
Total amortization
(9,108
)
 
 
 
4,064

 
Income taxes
Total amortization (net of tax)

($5,044
)
 
 
 
 
 
 
Net unrealized investment gain (loss)
 
 
 
Realized gain (loss)

$3,279

 
Interest and investment income
 
(1,607
)
 
Income taxes
Total realized investment gain (loss) (net of tax)

$1,672

 
 
 
 
 
 
Total reclassifications for the period (net of tax)

$20,818

 
 


(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended September 30, 2015 are as follows:

Amounts
reclassified
from
AOCI

Income Statement Location

(In Thousands)


Cash flow hedges net unrealized gain (loss)



   Power contracts

$86,020


Competitive business operating revenues
   Interest rate swaps
(477
)

Miscellaneous - net
Total realized gain (loss) on cash flow hedges
85,543




(29,939
)

Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$55,604








Pension and other postretirement liabilities




   Amortization of prior-service credit

$5,985


(a)
   Amortization of loss
(17,588
)

(a)
Total amortization
(11,603
)



4,166


Income taxes
Total amortization (net of tax)

($7,437
)






Net unrealized investment gain (loss)



Realized gain (loss)

$6,286


Interest and investment income

(3,080
)

Income taxes
Total realized investment gain (loss) (net of tax)

$3,206








Total reclassifications for the period (net of tax)

$51,373



    
(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the nine months ended September 30, 2016 are as follows:

Amounts
reclassified
from
AOCI

Income Statement Location

(In Thousands)


Cash flow hedges net unrealized gain (loss)



   Power contracts

$237,483


Competitive business operating revenues
   Interest rate swaps
(1,104
)

Miscellaneous - net
Total realized gain (loss) on cash flow hedges
236,379




(82,733
)

Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$153,646








Pension and other postretirement liabilities




   Amortization of prior-service credit

$22,064


(a)
   Amortization of loss
(45,535
)

(a)
   Settlement loss
(1,279
)

(a)
Total amortization
(24,750
)



7,101


Income taxes
Total amortization (net of tax)

($17,649
)






Net unrealized investment gain (loss)



Realized gain (loss)

$13,129


Interest and investment income

(6,433
)

Income taxes
Total realized investment gain (loss) (net of tax)

$6,696








Total reclassifications for the period (net of tax)

$142,693




(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the nine months ended September 30, 2015 are as follows:
 
Amounts
reclassified
from
AOCI
 
Income Statement Location
 
(In Thousands)
 
 
Cash flow hedges net unrealized gain (loss)
 
 
 
   Power contracts

$177,129

 
Competitive business operating revenues
   Interest rate swaps
(1,533
)
 
Miscellaneous - net
Total realized gain (loss) on cash flow hedges
175,596

 
 
 
(61,458
)
 
Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)

$114,138

 
 
 
 
 
 
Pension and other postretirement liabilities
 
 
 
   Amortization of prior-service credit

$17,956

 
(a)
   Amortization of loss
(52,764
)
 
(a)
Total amortization
(34,808
)
 
 
 
11,498

 
Income taxes
Total amortization (net of tax)

($23,310
)
 
 
 
 
 
 
Net unrealized investment gain (loss)
 
 
 
Realized gain (loss)

$40,457

 
Interest and investment income
 
(19,824
)
 
Income taxes
Total realized investment gain (loss) (net of tax)

$20,633

 
 
 
 
 
 
Total reclassifications for the period (net of tax)

$111,461

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.
Entergy Louisiana [Member]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended September 30, 2016:
 
 
Pension and Other
Postretirement Liabilities
 
 
(In Thousands)
Beginning balance July 1, 2016
 

($56,905
)
Amounts reclassified from accumulated other
comprehensive income (loss)
 
(232
)
Net other comprehensive income (loss) for the period
 
(232
)
Ending balance, September 30, 2016
 

($57,137
)
The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended September 30, 2015:
 
 
Pension and Other
Postretirement Liabilities
 
 
(In Thousands)
Beginning balance July 1, 2015


($78,431
)
Amounts reclassified from accumulated other
comprehensive income (loss)

412

Net other comprehensive income (loss) for the period

412

Ending balance, September 30, 2015


($78,019
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the nine months ended September 30, 2016:
 
 
Pension and Other
Postretirement Liabilities
 
 
(In Thousands)
Beginning balance, January 1, 2016
 

($56,412
)
Amounts reclassified from accumulated other
comprehensive income (loss)
 
(725
)
Net other comprehensive income (loss) for the period
 
(725
)
Ending balance, September 30, 2016
 

($57,137
)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the nine months ended September 30, 2015:
 
 
Pension and Other
Postretirement Liabilities
 
 
(In Thousands)
Beginning balance, January 1, 2015
 

($79,223
)
Amounts reclassified from accumulated other
comprehensive income (loss)
 
1,204

Net other comprehensive income (loss) for the period
 
1,204

Ending balance, September 30, 2015
 

($78,019
)
Reclassification out of Accumulated Other Comprehensive Income
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Louisiana for the three months ended September 30, 2016 are as follows:
 
 
Amounts reclassified
from AOCI
 
Income Statement Location
 
 
(In Thousands)
 
 
Pension and other postretirement liabilities
 
 
 
 
   Amortization of prior-service credit
 

$1,947

 
(a)
   Amortization of loss
 
(1,570
)
 
(a)
Total amortization
 
377

 
 
 
 
(145
)
 
Income taxes
Total amortization (net of tax)
 
232

 
 
 
 
 
 
 
Total reclassifications for the period (net of tax)
 

$232

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Louisiana for the three months ended September 30, 2015 are as follows:


Amounts reclassified
from AOCI

Income Statement Location

 
(In Thousands)


Pension and other postretirement liabilities




   Amortization of prior-service credit


$1,866


(a)
   Amortization of loss

(2,536
)

(a)
Total amortization

(670
)




258


Income taxes
Total amortization (net of tax)

(412
)








Total reclassifications for the period (net of tax)


($412
)



(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Louisiana for the nine months ended September 30, 2016 are as follows:
 
 
Amounts reclassified
from AOCI
 
Income Statement Location
 
 
(In Thousands)
 
 
Pension and other postretirement liabilities
 
 
 
 
   Amortization of prior-service credit
 

$5,841

 
(a)
   Amortization of loss
 
(4,712
)
 
(a)
Total amortization
 
1,129

 
 
 
 
(404
)
 
Income taxes
Total amortization (net of tax)
 
725

 
 
 
 
 
 
 
Total reclassifications for the period (net of tax)
 

$725

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy Louisiana for the nine months ended September 30, 2015 are as follows:
 
 
Amounts reclassified
from AOCI
 
Income Statement Location
 
 
(In Thousands)
 
 
Pension and other postretirement liabilities
 
 
 
 
   Amortization of prior-service credit
 

$5,599

 
(a)
   Amortization of loss
 
(7,606
)
 
(a)
Total amortization
 
(2,007
)
 
 
 
 
803

 
Income taxes
Total amortization (net of tax)
 
(1,204
)
 
 
 
 
 
 
 
Total reclassifications for the period (net of tax)
 

($1,204
)
 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.