XML 45 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
OPERATING ACTIVITIES    
Consolidated net income [1] $ 385,059 $ 499,420
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 1,027,609 1,042,671
Deferred income taxes, investment tax credits, and non-current taxes accrued 88,732 (324,227)
Impairment of Long-Lived Assets Held-for-use 51,503 220,828
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 0 (16,270)
Changes in working capital:    
Receivables (45,515) 6,091
Fuel inventory 8,512 6,213
Accounts payable 97,464 9,687
Taxes accrued (8,092) (2,202)
Interest accrued (2,056) (3,947)
Deferred fuel costs (132,263) (127,945)
Other working capital accounts (134,982) (91,505)
Changes in provisions for estimated losses 27,443 (7,340)
Changes in other regulatory assets 106,712 62,612
Increase (Decrease) in Regulatory Liabilities (247,239) (8,250)
Changes in pensions and other postretirement liabilities (181,278) (180,346)
Other Noncash Income (Expense) 38,314 (265,807)
Net cash flow provided by operating activities 1,079,923 819,683
INVESTING ACTIVITIES    
Construction/capital expenditures (1,885,419) (1,719,712)
Allowance for equity funds used during construction 60,335 41,877
Nuclear fuel purchases (90,321) (209,756)
Payments for Nuclear Fuel (90,321) (209,756)
Payments to storm reserve escrow account (2,744) (1,124)
Receipts from storm reserve escrow account 0 8,836
Decrease (increase) in other investments (10,769) 1,705
Proceeds from Sale of Productive Assets 9,163 100,000
Proceeds from nuclear decommissioning trust fund sales 1,801,170 1,462,698
Investment in nuclear decommissioning trust funds (1,826,384) (1,516,406)
Litigation proceeds for reimbursement of spent nuclear fuel storage costs 0 25,493
Proceeds from insurance 10,523 26,157
Changes in securitization account 4,754 10,028
Net cash flow used in investing activities (1,929,692) (1,770,204)
Proceeds from the issuance of:    
Proceeds from the issuance of long-term debt 3,359,193 1,036,529
Common stock and treasury stock 3,691 7,819
Retirement of long-term debt (2,569,131) (866,337)
Changes in credit borrowings and commercial paper - net 405,795 833,957
Dividends paid:    
Common stock (321,821) (312,209)
Preferred stock [1] (6,878) (6,892)
Other 10,434 4,305
Net cash flow provided by financing activities 881,283 697,172
Net increase (decrease) in cash and cash equivalents 31,514 (253,349)
Cash and cash equivalents at beginning of period 781,273 1,187,844
Cash and cash equivalents at end of period 812,787 934,495
Cash paid / (received) during the period for:    
Interest - net of amount capitalized 362,629 334,555
Income taxes 14,145 (14,673)
Entergy Arkansas [Member]    
OPERATING ACTIVITIES    
Consolidated net income 118,811 52,854
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 221,935 198,082
Deferred income taxes, investment tax credits, and non-current taxes accrued (32,906) 38,005
Changes in working capital:    
Receivables (6,091) 12,092
Fuel inventory 12,289 (1,602)
Accounts payable (25,035) (29,109)
Taxes accrued 66,500 937
Interest accrued 1,260 1,816
Deferred fuel costs (5,896) (48,442)
Other working capital accounts (8,750) (32,055)
Changes in provisions for estimated losses 12,453 7,457
Changes in other regulatory assets 8,587 (5,592)
Increase (Decrease) in Regulatory Liabilities (111,600) 24,890
Changes in pensions and other postretirement liabilities (37,601) (40,637)
Other Noncash Income (Expense) 12,639 12,465
Net cash flow provided by operating activities 226,595 191,161
INVESTING ACTIVITIES    
Construction/capital expenditures (350,429) (381,197)
Allowance for equity funds used during construction 8,732 10,198
Change in money pool receivable - net (57,708) 0
Nuclear fuel purchases (23,342) (92,927)
Payments for Nuclear Fuel (23,342) (92,927)
Proceeds from sale of nuclear fuel 30,907 51,029
Proceeds from nuclear decommissioning trust fund sales 121,440 167,329
Investment in nuclear decommissioning trust funds (128,598) (173,324)
Proceeds from insurance 7,043 0
Changes in securitization account (279) 571
Net cash flow used in investing activities (392,234) (418,321)
Proceeds from the issuance of:    
Proceeds from the issuance of long-term debt 464,544 222,937
Retirement of long-term debt (206,843) (6,799)
Change in money pool payable - net (166,137) (37,563)
Changes in credit borrowings and commercial paper - net (49,974) 31,436
Dividends paid:    
Preferred stock (714) (714)
Other 1,615 431
Net cash flow provided by financing activities 392,491 209,728
Net increase (decrease) in cash and cash equivalents 226,852 (17,432)
Cash and cash equivalents at beginning of period 6,216 20,509
Cash and cash equivalents at end of period 233,068 3,077
Cash paid / (received) during the period for:    
Interest - net of amount capitalized 56,900 51,232
Proceeds from Contributions from Parent 350,000 0
Entergy Louisiana [Member]    
OPERATING ACTIVITIES    
Consolidated net income 295,952 218,857
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 323,188 300,805
Deferred income taxes, investment tax credits, and non-current taxes accrued 119,378 220,492
Changes in working capital:    
Receivables (23,815) 950
Fuel inventory (2,581) 4,534
Accounts payable 17,324 42,079
Taxes accrued (56,076) 52,686
Interest accrued 790 (2,883)
Deferred fuel costs (68,741) (74,113)
Other working capital accounts (6,053) (61,515)
Changes in provisions for estimated losses 5,803 (6,108)
Changes in other regulatory assets 42,203 39,711
Increase (Decrease) in Regulatory Liabilities (8,811) (64,293)
Changes in pensions and other postretirement liabilities (32,970) (38,175)
Other Noncash Income (Expense) (22,399) (99,272)
Net cash flow provided by operating activities 583,192 533,755
INVESTING ACTIVITIES    
Construction/capital expenditures (880,785) (755,158)
Allowance for equity funds used during construction 36,869 21,099
Change in money pool receivable - net 4,394 (33,039)
Nuclear fuel purchases (14,740) (156,246)
Payments for Nuclear Fuel (14,740) (156,246)
Proceeds from sale of nuclear fuel 36,301 28,884
Payments to storm reserve escrow account (1,984) (802)
Receipts from storm reserve escrow account 0 8,836
Proceeds from nuclear decommissioning trust fund sales 169,407 125,600
Investment in nuclear decommissioning trust funds (189,721) (144,768)
Proceeds from insurance 3,480 5,305
Changes in securitization account (1,423) 79
Net cash flow used in investing activities (838,202) (900,210)
Proceeds from the issuance of:    
Proceeds from the issuance of long-term debt 1,088,941 532,219
Retirement of long-term debt (744,222) (101,789)
Changes in credit borrowings and commercial paper - net (43,540) 30,696
Dividends paid:    
Common stock (56,000) (91,250)
Other 2,952 (1,988)
Net cash flow provided by financing activities 248,131 367,888
Net increase (decrease) in cash and cash equivalents (6,879) 1,433
Cash and cash equivalents at beginning of period 35,907 213,850
Cash and cash equivalents at end of period 29,028 215,283
Cash paid / (received) during the period for:    
Interest - net of amount capitalized 138,625 134,513
Income taxes (2,973) (116,937)
Entergy Mississippi [Member]    
OPERATING ACTIVITIES    
Consolidated net income 61,085 45,461
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 76,541 70,759
Deferred income taxes, investment tax credits, and non-current taxes accrued 29,577 31,740
Changes in working capital:    
Receivables (32,365) (7,952)
Fuel inventory (977) 6,312
Accounts payable 29,476 (1,398)
Taxes accrued (45,736) (21,361)
Interest accrued (3,792) 40
Deferred fuel costs 6,532 (13,622)
Other working capital accounts (9,698) (1,473)
Changes in provisions for estimated losses 7,242 (6,699)
Changes in other regulatory assets (666) (26,958)
Increase (Decrease) in Regulatory Liabilities (127,047) (4,237)
Changes in pensions and other postretirement liabilities (9,336) (10,692)
Other Noncash Income (Expense) 125,982 (6,081)
Net cash flow provided by operating activities 106,818 53,839
INVESTING ACTIVITIES    
Construction/capital expenditures (187,219) (199,873)
Allowance for equity funds used during construction 4,100 4,175
Change in money pool receivable - net 1,633 10,595
Decrease (increase) in other investments (863) (584)
Net cash flow used in investing activities (182,349) (185,687)
Proceeds from the issuance of:    
Change in money pool payable - net 63,394 56,299
Dividends paid:    
Preferred stock (477) (477)
Other 6,536 (86)
Net cash flow provided by financing activities 69,453 55,736
Net increase (decrease) in cash and cash equivalents (6,078) (76,112)
Cash and cash equivalents at beginning of period 6,096 76,834
Cash and cash equivalents at end of period 18 722
Cash paid / (received) during the period for:    
Interest - net of amount capitalized 30,490 24,021
Income taxes 0 (15,087)
Entergy New Orleans [Member]    
OPERATING ACTIVITIES    
Consolidated net income 29,151 25,860
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 27,697 26,070
Deferred income taxes, investment tax credits, and non-current taxes accrued 22,813 14,764
Changes in working capital:    
Receivables (10,930) (5,979)
Fuel inventory 1,833 (465)
Accounts payable 5,073 (8,761)
Taxes accrued (10,602) 38
Interest accrued (459) (469)
Deferred fuel costs (27,056) 2,087
Other working capital accounts (9,524) (11,774)
Changes in provisions for estimated losses 438 (1,794)
Changes in other regulatory assets 11,957 2,719
Increase (Decrease) in Regulatory Liabilities 3,042 (610)
Changes in pensions and other postretirement liabilities (7,725) (8,049)
Other Noncash Income (Expense) (1,769) 3,113
Net cash flow provided by operating activities 33,939 36,750
INVESTING ACTIVITIES    
Construction/capital expenditures (85,324) (48,683)
Allowance for equity funds used during construction 2,068 1,002
Change in money pool receivable - net 12,723 (1,745)
Payments to storm reserve escrow account (544) (235)
Receipts from storm reserve escrow account 3 0
Changes in securitization account (11) 656
Net cash flow used in investing activities (71,085) (49,005)
Proceeds from the issuance of:    
Retirement of long-term debt (5,342) (5,114)
Change in money pool payable - net 23,080 0
Dividends paid:    
Common stock (14,500) (24,150)
Preferred stock 0 (482)
Other 1,193 462
Net cash flow provided by financing activities 4,431 (29,284)
Net increase (decrease) in cash and cash equivalents (32,715) (41,539)
Cash and cash equivalents at beginning of period 32,741 103,068
Cash and cash equivalents at end of period 26 61,529
Cash paid / (received) during the period for:    
Interest - net of amount capitalized 10,483 10,637
Entergy Texas [Member]    
OPERATING ACTIVITIES    
Consolidated net income 48,139 31,955
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 61,907 57,484
Deferred income taxes, investment tax credits, and non-current taxes accrued (19,785) (16,766)
Changes in working capital:    
Receivables (25,987) (15,969)
Fuel inventory (1,710) (4,813)
Accounts payable 906 24,900
Taxes accrued 20,439 23,064
Interest accrued (678) (471)
Deferred fuel costs (37,103) 6,144
Other working capital accounts 9,614 4,132
Changes in provisions for estimated losses 434 83
Changes in other regulatory assets 39,592 45,306
Increase (Decrease) in Regulatory Liabilities 10,072 (2,928)
Changes in pensions and other postretirement liabilities (13,330) (13,286)
Other Noncash Income (Expense) (2,031) (6,438)
Net cash flow provided by operating activities 90,479 132,397
INVESTING ACTIVITIES    
Construction/capital expenditures (169,856) (155,755)
Allowance for equity funds used during construction 3,562 2,992
Change in money pool receivable - net 34,902 681
Decrease (increase) in other investments 0 2,431
Changes in securitization account 6,467 8,722
Net cash flow used in investing activities (124,925) (140,929)
Proceeds from the issuance of:    
Retirement of long-term debt (39,722) (38,134)
Change in money pool payable - net 0 39,222
Dividends paid:    
Other (946) 2,328
Net cash flow provided by financing activities (40,668) 3,416
Net increase (decrease) in cash and cash equivalents (75,114) (5,116)
Cash and cash equivalents at beginning of period 115,513 6,181
Cash and cash equivalents at end of period 40,399 1,065
Cash paid / (received) during the period for:    
Interest - net of amount capitalized 43,188 42,430
Income taxes (624) (1,446)
System Energy [Member]    
OPERATING ACTIVITIES    
Consolidated net income 45,695 39,697
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:    
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 109,682 128,679
Deferred income taxes, investment tax credits, and non-current taxes accrued 7,010 35,498
Changes in working capital:    
Receivables 14,093 10,077
Accounts payable 32,681 3,469
Taxes accrued (7,100) (10,086)
Interest accrued 785 (609)
Other working capital accounts (64,758) 2,960
Changes in other regulatory assets (16,939) (4,904)
Increase (Decrease) in Regulatory Liabilities (12,894) 35,708
Changes in pensions and other postretirement liabilities (6,551) (8,116)
Other Noncash Income (Expense) 21,056 (60,913)
Net cash flow provided by operating activities 122,760 171,460
INVESTING ACTIVITIES    
Construction/capital expenditures (105,035) (32,799)
Allowance for equity funds used during construction 5,004 2,412
Change in money pool receivable - net 47,531 (54,860)
Nuclear fuel purchases (99,164) (22,510)
Payments for Nuclear Fuel (99,164) (22,510)
Proceeds from sale of nuclear fuel 0 60,188
Proceeds from nuclear decommissioning trust fund sales 199,403 253,487
Investment in nuclear decommissioning trust funds (206,695) (271,901)
Net cash flow used in investing activities (158,956) (65,983)
Proceeds from the issuance of:    
Proceeds from the issuance of long-term debt 99,985 0
Retirement of long-term debt (50,002) (50,001)
Changes in credit borrowings and commercial paper - net 21,043 36,289
Dividends paid:    
Common stock (63,240) 0
Other 0 (28)
Net cash flow provided by financing activities 7,786 (13,740)
Net increase (decrease) in cash and cash equivalents (28,410) 91,737
Cash and cash equivalents at beginning of period 287,187 245,863
Cash and cash equivalents at end of period 258,777 337,600
Cash paid / (received) during the period for:    
Interest - net of amount capitalized $ 8,592 $ 17,656
[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.