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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
OPERATING REVENUES        
Electric $ 2,330,225 $ 2,271,220 $ 4,578,486 $ 4,262,960
Natural gas 29,943 30,075 86,638 73,426
Competitive businesses 308,602 317,255 727,526 870,622
TOTAL 2,668,770 2,618,550 5,392,650 5,207,008
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 465,802 395,947 909,098 813,513
Purchased power 417,034 416,497 813,058 774,264
Nuclear refueling outage expenses 35,360 38,288 78,120 80,853
Other operation and maintenance 840,103 794,967 1,623,687 1,641,825
Asset Write-Offs, Impairments, And Related Charges 68,943 193,571 141,867 405,362
Decommissioning 97,605 100,296 192,005 214,669
Taxes other than income taxes 158,547 153,264 323,765 309,616
Depreciation and amortization 350,485 350,328 697,471 697,593
Other regulatory charges (credits) - net 143,294 6,553 186,319 (78,749)
TOTAL 2,577,173 2,449,711 4,965,390 4,858,946
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 0 0 0 (16,270)
OPERATING INCOME 91,597 168,839 427,260 364,332
OTHER INCOME        
Allowance for equity funds used during construction 31,670 22,376 60,014 41,384
Investment Income, Net 71,134 80,097 88,005 136,646
Miscellaneous - net (48,491) (32,202) (79,849) (47,391)
TOTAL 54,313 70,271 68,170 130,639
INTEREST EXPENSE        
Interest expense 192,314 173,377 375,237 344,466
Allowance for borrowed funds used during construction (14,668) (10,523) (27,933) (19,565)
TOTAL 177,646 162,854 347,304 324,901
INCOME (LOSS) BEFORE INCOME TAXES (31,736) 76,256 148,126 170,070
Income taxes (280,596) (337,112) (236,933) (329,350)
CONSOLIDATED NET INCOME 248,860 413,368 385,059 [1] 499,420 [1]
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 3,439 3,446 6,878 6,892
EARNINGS APPLICABLE TO COMMON STOCK $ 245,421 $ 409,922 $ 378,181 $ 492,528
Earnings per average common share:        
Basic (in dollars per share) $ 1.36 $ 2.28 $ 2.09 $ 2.75
Diluted (in dollars per share) 1.34 2.27 2.08 2.74
Dividends declared per common share (in dollars per share) $ 0.89 $ 0.87 $ 1.78 $ 1.74
Basic average number of common shares outstanding (in shares) 180,823,203 179,475,346 180,765,708 179,405,592
Diluted average number of common shares outstanding (in shares) 182,982,630 180,234,694 182,208,328 180,032,233
Entergy Arkansas [Member]        
OPERATING REVENUES        
Electric $ 494,605 $ 496,662 $ 1,045,629 $ 971,013
Natural gas 0   0  
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 106,496 50,691 214,802 150,100
Purchased power 64,839 74,552 136,811 129,685
Nuclear refueling outage expenses 19,159 17,335 42,561 36,954
Other operation and maintenance 177,792 168,190 347,150 331,198
Decommissioning 14,985 14,106 29,745 28,001
Taxes other than income taxes 24,445 25,128 52,350 49,179
Depreciation and amortization 72,701 69,087 144,682 136,153
Other regulatory charges (credits) - net (12,313) 4,948 (15,620) (5,578)
TOTAL 468,104 424,037 952,481 855,692
OPERATING INCOME 26,501 72,625 93,148 115,321
OTHER INCOME        
Allowance for equity funds used during construction 4,471 5,432 8,479 9,782
Investment Income, Net 2,478 14,195 9,292 21,127
Miscellaneous - net (3,881) (3,688) (7,752) (6,644)
TOTAL 3,068 15,939 10,019 24,265
INTEREST EXPENSE        
Interest expense 30,917 28,514 60,683 55,766
Allowance for borrowed funds used during construction (2,108) (2,552) (3,998) (4,514)
TOTAL 28,809 25,962 56,685 51,252
INCOME (LOSS) BEFORE INCOME TAXES 760 62,602 46,482 88,334
Income taxes (81,796) 24,052 (72,329) 35,480
CONSOLIDATED NET INCOME 82,556 38,550 118,811 52,854
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 357 357 714 714
EARNINGS APPLICABLE TO COMMON STOCK 82,199 38,193 118,097 52,140
Entergy Louisiana [Member]        
OPERATING REVENUES        
Electric 1,061,689 1,072,126 2,066,795 1,936,202
Natural gas 11,099 11,308 35,337 28,015
TOTAL 1,072,788 1,083,434 2,102,132 1,964,217
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 200,528 180,056 381,309 334,100
Purchased power 266,614 282,673 518,386 522,500
Nuclear refueling outage expenses 12,671 12,764 25,770 24,949
Other operation and maintenance 250,994 236,978 485,374 454,090
Decommissioning 13,480 12,283 26,252 24,406
Taxes other than income taxes 47,147 45,076 98,427 90,359
Depreciation and amortization 122,177 116,107 242,920 231,737
Other regulatory charges (credits) - net 9,017 (2,521) 32,214 (76,708)
TOTAL 922,628 883,416 1,810,652 1,605,433
OPERATING INCOME 150,160 200,018 291,480 358,784
OTHER INCOME        
Allowance for equity funds used during construction 19,124 11,109 36,869 21,099
Investment Income, Net 46,853 41,919 90,128 81,749
Miscellaneous - net (22,770) (8,889) (30,435) (18,031)
TOTAL 43,207 44,139 96,562 84,817
INTEREST EXPENSE        
Interest expense 73,582 68,483 143,678 135,798
Allowance for borrowed funds used during construction (9,451) (5,541) (18,214) (10,715)
TOTAL 64,131 62,942 125,464 125,083
INCOME (LOSS) BEFORE INCOME TAXES 129,236 181,215 262,578 318,518
Income taxes (55,122) 56,736 (33,374) 99,661
CONSOLIDATED NET INCOME 184,358 124,479 295,952 218,857
Entergy Mississippi [Member]        
OPERATING REVENUES        
Electric 353,689 291,212 669,432 549,655
Natural gas 0   0  
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 65,663 46,048 129,191 85,188
Purchased power 97,154 75,253 184,610 146,323
Other operation and maintenance 64,585 59,002 124,043 113,624
Taxes other than income taxes 23,794 23,978 49,188 47,950
Depreciation and amortization 38,359 35,442 76,541 70,759
Other regulatory charges (credits) - net 127,935 (4,306) 128,228 (10,143)
TOTAL 417,490 235,417 691,801 453,701
OPERATING INCOME (63,801) 55,795 (22,369) 95,954
OTHER INCOME        
Allowance for equity funds used during construction 2,122 2,332 4,100 4,175
Investment Income, Net 0 7 25 33
Miscellaneous - net (1,411) (1,086) (1,982) (2,062)
TOTAL 711 1,253 2,143 2,146
INTEREST EXPENSE        
Interest expense 14,061 12,568 27,966 25,240
Allowance for borrowed funds used during construction (890) (913) (1,718) (1,633)
TOTAL 13,171 11,655 26,248 23,607
INCOME (LOSS) BEFORE INCOME TAXES (76,261) 45,393 (46,474) 74,493
Income taxes (114,503) 17,090 (107,559) 29,032
CONSOLIDATED NET INCOME 38,242 28,303 61,085 45,461
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 239 239 477 477
EARNINGS APPLICABLE TO COMMON STOCK 38,003 28,064 60,608 44,984
Entergy New Orleans [Member]        
OPERATING REVENUES        
Electric 159,602 157,455 315,420 299,800
Natural gas 18,844 18,767 51,301 45,411
TOTAL 178,446 176,222 366,721 345,211
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 15,366 22,961 39,105 53,036
Purchased power 73,789 73,105 156,945 141,464
Other operation and maintenance 28,420 25,079 56,719 47,369
Taxes other than income taxes 12,851 13,416 27,983 26,262
Depreciation and amortization 13,950 13,020 27,697 26,070
Other regulatory charges (credits) - net 6,127 818 12,460 1,203
TOTAL 150,503 148,399 320,909 295,404
OPERATING INCOME 27,943 27,823 45,812 49,807
OTHER INCOME        
Allowance for equity funds used during construction 1,217 552 2,068 1,002
Investment Income, Net 207 164 300 299
Miscellaneous - net (1,404) (177) (1,741) (301)
TOTAL 20 539 627 1,000
INTEREST EXPENSE        
Interest expense 5,269 5,356 10,548 10,699
Allowance for borrowed funds used during construction (450) (193) (764) (351)
TOTAL 4,819 5,163 9,784 10,348
INCOME (LOSS) BEFORE INCOME TAXES 23,144 23,199 36,655 40,459
Income taxes 4,875 8,317 7,504 14,599
CONSOLIDATED NET INCOME 18,269 14,882 29,151 25,860
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 0 241 0 482
EARNINGS APPLICABLE TO COMMON STOCK 18,269 14,641 29,151 25,378
Entergy Texas [Member]        
OPERATING REVENUES        
Electric 403,486 378,488 752,426 742,415
Natural gas 0   0  
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 57,089 46,142 75,795 104,155
Purchased power 150,568 160,325 310,260 310,709
Other operation and maintenance 59,848 56,562 112,522 110,246
Taxes other than income taxes 20,306 19,251 40,709 38,695
Depreciation and amortization 31,141 29,373 61,907 57,484
Other regulatory charges (credits) - net 25,897 19,033 51,514 34,260
TOTAL 344,849 330,686 652,707 655,549
OPERATING INCOME 58,637 47,802 99,719 86,866
OTHER INCOME        
Allowance for equity funds used during construction 1,833 1,632 3,494 2,913
Investment Income, Net 542 211 1,097 412
Miscellaneous - net (735) (646) (622) (1,050)
TOTAL 1,640 1,197 3,969 2,275
INTEREST EXPENSE        
Interest expense 21,835 21,427 43,886 43,235
Allowance for borrowed funds used during construction (1,033) (1,001) (1,971) (1,762)
TOTAL 20,802 20,426 41,915 41,473
INCOME (LOSS) BEFORE INCOME TAXES 39,475 28,573 61,773 47,668
Income taxes 8,686 7,472 13,634 15,713
CONSOLIDATED NET INCOME 30,789 21,101 48,139 31,955
System Energy [Member]        
OPERATING REVENUES        
Electric 112,456 164,956 260,899 319,743
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 2,030 21,660 30,455 36,994
Nuclear refueling outage expenses 2,820 4,387 6,792 9,160
Other operation and maintenance 48,695 51,992 94,034 99,454
Decommissioning 8,541 13,452 16,998 26,684
Taxes other than income taxes 6,866 6,664 13,963 13,088
Depreciation and amortization 33,467 35,187 66,788 70,628
Other regulatory charges (credits) - net (13,369) (11,421) (22,478) (21,783)
TOTAL 89,050 121,921 206,552 234,225
OPERATING INCOME 23,406 43,035 54,347 85,518
OTHER INCOME        
Allowance for equity funds used during construction 2,904 1,318 5,004 2,412
Investment Income, Net 2,943 3,723 9,829 8,397
Miscellaneous - net (1,794) (2,421) (2,970) (3,488)
TOTAL 4,053 2,620 11,863 7,321
INTEREST EXPENSE        
Interest expense 9,656 9,181 18,981 18,300
Allowance for borrowed funds used during construction (736) (322) (1,268) (589)
TOTAL 8,920 8,859 17,713 17,711
INCOME (LOSS) BEFORE INCOME TAXES 18,539 36,796 48,497 75,128
Income taxes (4,848) 17,446 2,802 35,431
CONSOLIDATED NET INCOME $ 23,387 $ 19,350 $ 45,695 $ 39,697
[1] (a) Consolidated net income and preferred dividend requirements of subsidiaries for 2018 and 2017 include $6.9 million and $6.9 million, respectively, of preferred dividends on subsidiaries’ preferred stock without sinking fund that is not presented within equity.