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Risk Management And Fair Values (Tables)

6 Months Ended

Jun. 30, 2023

The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheet as of June 30, 2023 and December 31, 2022 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.


Instrument	Balance Sheet Location	Gross Fair Value (a)	Offsetting Position (b)	Net Fair Value (c) (d)
		(In Millions)








2023
Assets:


Natural gas swaps and options	Prepayments and other	$2	$—	$2

Financial transmission rights	Prepayments and other	$44	($4)	$40

Liabilities:


Natural gas swaps and options	Other current liabilities	$12	$—	$12












2022
Assets:


Natural gas swaps and options	Prepayments and other	$13	$—	$13
Natural gas swaps and options	Other deferred debits and other assets	$3	$—	$3
Financial transmission rights	Prepayments and other	$21	($2)	$19

Liabilities:


Natural gas swaps and options	Other current liabilities	$25	$—	$25

(a)Represents the gross amounts of recognized assets/liabilities

(b)Represents the netting of fair value balances with the same counterparty

(c)Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets

(d)Excludes cash collateral in the amount of $8 million posted as of December 31, 2022. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2023 and $3 million posted as of December 31, 2022.

Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income

The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended June 30, 2023 and 2022 were as follows:

Instrument

Income Statement
location

Amount of gain (loss)
recorded in the income statement

(In Millions)

2023

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

(a)

($1)

Financial transmission rights

Purchased power expense

(b)

$32

2022

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

(a)

$23

Financial transmission rights

Purchased power expense

(b)

$37

The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 2023 and 2022 were as follows:

Instrument

Income Statement
location

Amount of gain (loss)
recorded in the income statement

(In Millions)

2023

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

(a)

($38)

Financial transmission rights

Purchased power expense

(b)

$48

2022

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

(a)

$78

Financial transmission rights

Purchased power expense

(b)

$60

(a)Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms.

recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

Assets and liabilities at fair value on a recurring basis

The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels.


2023	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$1,127	$—	$—	$1,127

Decommissioning trust funds (a):

Equity securities	19	—	—	19
Debt securities	586	1,121	—	1,707
Common trusts (b)				2,834

Securitization recovery trust account	5	—	—	5
Storm reserve escrow accounts	411	—	—	411
Gas hedge contracts	2	—	—	2
Financial transmission rights	—	—	40	40
	$2,150	$1,121	$40	$6,145

Liabilities:

Gas hedge contracts	$12	$—	$—	$12


2022	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$109	$—	$—	$109
Decommissioning trust funds (a):
Equity securities	24	—	—	24
Debt securities	534	1,122	—	1,656
Common trusts (b)				2,442

Securitization recovery trust account	13	—	—	13
Storm reserve escrow accounts	402	—	—	402
Gas hedge contracts	13	3	—	16
Financial transmission rights	—	—	19	19
	$1,095	$1,125	$19	$4,681
Liabilities:

Gas hedge contracts	$25	$—	$—	$25

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios.

(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.

Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy

The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023 and 2022:


	2023	2022
	(In Millions)
Balance as of April 1,	$7	$1
Total gains (losses) for the period


Included as a regulatory liability/asset	23	32
Issuances of financial transmission rights	42	16

Settlements	(32)	(37)
Balance as of June 30,	$40	$12


	2023	2022
	(In Millions)
Balance as of January 1,	$19	$4
Total gains (losses) for the period


Included as a regulatory liability/asset	27	52
Issuances of financial transmission rights	42	16

Settlements	(48)	(60)
Balance as of June 30,	$40	$12

Entergy Arkansas [Member]

Fair Values Of Derivative Instruments

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2023 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.


Instrument	Balance Sheet Location	Gross Fair Value (a)	Offsetting Position (b)	Net Fair Value (c) (d)	Registrant
		(In Millions)
Assets:
Natural gas swaps and options	Prepayments and other	$2.1	$—	$2.1	Entergy Louisiana




Financial transmission rights	Prepayments and other	$19.8	($0.2)	$19.6	Entergy Arkansas
Financial transmission rights	Prepayments and other	$16.9	($0.2)	$16.7	Entergy Louisiana
Financial transmission rights	Prepayments and other	$2.0	($0.8)	$1.2	Entergy Mississippi
Financial transmission rights	Prepayments and other	$1.6	($0.1)	$1.5	Entergy New Orleans
Financial transmission rights	Prepayments and other	$3.5	($2.3)	$1.2	Entergy Texas

Liabilities:


Natural gas swaps	Other current liabilities	$12.6	$—	$12.6	Entergy Mississippi

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows:


Instrument	Balance Sheet Location	Gross Fair Value (a)	Offsetting Position (b)	Net Fair Value (c) (d)	Registrant
		(In Millions)
Assets:
Natural gas swaps and options	Prepayments and other	$13.1	$—	$13.1	Entergy Louisiana
Natural gas swaps and options	Other deferred debits and other assets	$3.4	$—	$3.4	Entergy Louisiana



Financial transmission rights	Prepayments and other	$10.3	$—	$10.3	Entergy Arkansas
Financial transmission rights	Prepayments and other	$7.7	($0.4)	$7.3	Entergy Louisiana
Financial transmission rights	Prepayments and other	$0.6	$—	$0.6	Entergy Mississippi
Financial transmission rights	Prepayments and other	$0.8	$—	$0.8	Entergy New Orleans
Financial transmission rights	Prepayments and other	$1.2	($1.1)	$0.1	Entergy Texas

Liabilities:




Natural gas swaps	Other current liabilities	$24.0	$—	$24.0	Entergy Mississippi
Natural gas swaps	Other current liabilities	$1.5	$—	$1.5	Entergy New Orleans

(a)Represents the gross amounts of recognized assets/liabilities

(b)Represents the netting of fair value balances with the same counterparty

(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets

(d)As of June 30, 2023, letters of credit posted with MISO covered financial transmission rights exposure of $5.9 million for Entergy Arkansas. As of December 31, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $2.4 million for Entergy Texas.

Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income

The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2023 and 2022 were as follows:

Instrument

Income Statement Location

Amount of gain
(loss) recorded
in the income statement

Registrant

(In Millions)

2023

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$0.8

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($1.2)

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$0.1

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.1

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$19.5

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$3.0

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$1.5

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$3.5

(b)

Entergy Texas

2022

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$8.7

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$14.6

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($0.2)

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$16.0

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$16.1

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$2.2

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$1.6

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$1.0

(b)

Entergy Texas

The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows:

Instrument

Income Statement Location

Amount of gain
(loss) recorded
in the income statement

Registrant

(In Millions)

2023

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

($5.7)

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($29.8)

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($2.1)

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$8.0

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$28.3

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$4.5

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$2.4

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.2

(b)

Entergy Texas

2022

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$19.8

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$57.4

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$0.9

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$23.5

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$25.5

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$3.2

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$2.4

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.9

(b)

Entergy Texas

(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

Assets and liabilities at fair value on a recurring basis

Entergy Arkansas


2023	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$3.9	$—	$—	$3.9
Decommissioning trust funds (a):
Equity securities	1.6	—	—	1.6
Debt securities	135.7	349.1	—	484.8
Common trusts (b)				840.2


Financial transmission rights	—	—	19.6	19.6
	$141.2	$349.1	$19.6	$1,350.1


2022	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$3.4	$—	$—	$3.4
Decommissioning trust funds (a):
Equity securities	4.5	—	—	4.5
Debt securities	126.8	343.9	—	470.7
Common trusts (b)				724.7


Financial transmission rights	—	—	10.3	10.3
	$134.7	$343.9	$10.3	$1,213.6

Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy

The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023.


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of April 1,	$4.0	$2.5	$0.2	$0.3	($0.1)
Issuances of financial transmission rights	20.6	18.1	1.4	1.4	0.2
Gains (losses) included as a regulatory liability/asset	(0.9)	15.6	2.6	1.3	4.6
Settlements	(4.1)	(19.5)	(3.0)	(1.5)	(3.5)
Balance as of June 30,	$19.6	$16.7	$1.2	$1.5	$1.2

The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022.


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of April 1,	$0.4	$0.3	$0.2	$0.1	$0.5
Issuances of financial transmission rights	5.4	5.3	0.8	0.8	3.9
Gains (losses) included as a regulatory liability/asset	14.6	15.2	1.7	1.3	(1.9)
Settlements	(16.0)	(16.1)	(2.2)	(1.6)	(1.0)
Balance as of June 30,	$4.4	$4.7	$0.5	$0.6	$1.5

The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023.


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of January 1,	$10.3	$7.3	$0.6	$0.8	$0.1
Issuances of financial transmission rights	20.6	18.1	1.4	1.4	0.2
Gains (losses) included as a regulatory liability/asset	(3.3)	19.6	3.7	1.7	5.1
Settlements	(8.0)	(28.3)	(4.5)	(2.4)	(4.2)
Balance as of June 30,	$19.6	$16.7	$1.2	$1.5	$1.2


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of January 1,	$2.3	$0.6	$0.3	$0.1	$0.8
Issuances of financial transmission rights	5.4	5.3	0.8	0.8	3.9
Gains (losses) included as a regulatory liability/asset	20.2	24.3	2.6	2.1	1.7
Settlements	(23.5)	(25.5)	(3.2)	(2.4)	(4.9)
Balance as of June 30,	$4.4	$4.7	$0.5	$0.6	$1.5

Entergy Louisiana [Member]

Fair Values Of Derivative Instruments


Instrument	Balance Sheet Location	Gross Fair Value (a)	Offsetting Position (b)	Net Fair Value (c) (d)	Registrant
		(In Millions)
Assets:
Natural gas swaps and options	Prepayments and other	$2.1	$—	$2.1	Entergy Louisiana




Financial transmission rights	Prepayments and other	$19.8	($0.2)	$19.6	Entergy Arkansas
Financial transmission rights	Prepayments and other	$16.9	($0.2)	$16.7	Entergy Louisiana
Financial transmission rights	Prepayments and other	$2.0	($0.8)	$1.2	Entergy Mississippi
Financial transmission rights	Prepayments and other	$1.6	($0.1)	$1.5	Entergy New Orleans
Financial transmission rights	Prepayments and other	$3.5	($2.3)	$1.2	Entergy Texas

Liabilities:


Natural gas swaps	Other current liabilities	$12.6	$—	$12.6	Entergy Mississippi

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows:


Instrument	Balance Sheet Location	Gross Fair Value (a)	Offsetting Position (b)	Net Fair Value (c) (d)	Registrant
		(In Millions)
Assets:
Natural gas swaps and options	Prepayments and other	$13.1	$—	$13.1	Entergy Louisiana
Natural gas swaps and options	Other deferred debits and other assets	$3.4	$—	$3.4	Entergy Louisiana



Financial transmission rights	Prepayments and other	$10.3	$—	$10.3	Entergy Arkansas
Financial transmission rights	Prepayments and other	$7.7	($0.4)	$7.3	Entergy Louisiana
Financial transmission rights	Prepayments and other	$0.6	$—	$0.6	Entergy Mississippi
Financial transmission rights	Prepayments and other	$0.8	$—	$0.8	Entergy New Orleans
Financial transmission rights	Prepayments and other	$1.2	($1.1)	$0.1	Entergy Texas

Liabilities:




Natural gas swaps	Other current liabilities	$24.0	$—	$24.0	Entergy Mississippi
Natural gas swaps	Other current liabilities	$1.5	$—	$1.5	Entergy New Orleans

(a)Represents the gross amounts of recognized assets/liabilities

(b)Represents the netting of fair value balances with the same counterparty

(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets

Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income

Instrument

Income Statement Location

Amount of gain
(loss) recorded
in the income statement

Registrant

(In Millions)

2023

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$0.8

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($1.2)

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$0.1

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.1

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$19.5

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$3.0

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$1.5

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$3.5

(b)

Entergy Texas

2022

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$8.7

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$14.6

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($0.2)

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$16.0

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$16.1

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$2.2

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$1.6

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$1.0

(b)

Entergy Texas

The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows:

Instrument

Income Statement Location

Amount of gain
(loss) recorded
in the income statement

Registrant

(In Millions)

2023

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

($5.7)

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($29.8)

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($2.1)

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$8.0

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$28.3

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$4.5

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$2.4

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.2

(b)

Entergy Texas

2022

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$19.8

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$57.4

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$0.9

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$23.5

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$25.5

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$3.2

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$2.4

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.9

(b)

Entergy Texas

Assets and liabilities at fair value on a recurring basis

Entergy Louisiana


2023	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$856.8	$—	$—	$856.8

Decommissioning trust funds (a):

Equity securities	14.4	—	—	14.4
Debt securities	249.5	503.9	—	753.4
Common trusts (b)				1,205.3
Storm reserve escrow account	300.0	—	—	300.0

Gas hedge contracts	2.1	—	—	2.1
Financial transmission rights	—	—	16.7	16.7
	$1,422.8	$503.9	$16.7	$3,148.7


2022	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$6.3	$—	$—	$6.3
Decommissioning trust funds (a):
Equity securities	16.8	—	—	16.8
Debt securities	209.4	515.7	—	725.1
Common trusts (b)				1,037.2
Storm reserve escrow account	293.4	—	—	293.4

Gas hedge contracts	13.1	3.4	—	16.5
Financial transmission rights	—	—	7.3	7.3
	$539.0	$519.1	$7.3	$2,102.6

Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of April 1,	$4.0	$2.5	$0.2	$0.3	($0.1)
Issuances of financial transmission rights	20.6	18.1	1.4	1.4	0.2
Gains (losses) included as a regulatory liability/asset	(0.9)	15.6	2.6	1.3	4.6
Settlements	(4.1)	(19.5)	(3.0)	(1.5)	(3.5)
Balance as of June 30,	$19.6	$16.7	$1.2	$1.5	$1.2


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of April 1,	$0.4	$0.3	$0.2	$0.1	$0.5
Issuances of financial transmission rights	5.4	5.3	0.8	0.8	3.9
Gains (losses) included as a regulatory liability/asset	14.6	15.2	1.7	1.3	(1.9)
Settlements	(16.0)	(16.1)	(2.2)	(1.6)	(1.0)
Balance as of June 30,	$4.4	$4.7	$0.5	$0.6	$1.5


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of January 1,	$10.3	$7.3	$0.6	$0.8	$0.1
Issuances of financial transmission rights	20.6	18.1	1.4	1.4	0.2
Gains (losses) included as a regulatory liability/asset	(3.3)	19.6	3.7	1.7	5.1
Settlements	(8.0)	(28.3)	(4.5)	(2.4)	(4.2)
Balance as of June 30,	$19.6	$16.7	$1.2	$1.5	$1.2


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of January 1,	$2.3	$0.6	$0.3	$0.1	$0.8
Issuances of financial transmission rights	5.4	5.3	0.8	0.8	3.9
Gains (losses) included as a regulatory liability/asset	20.2	24.3	2.6	2.1	1.7
Settlements	(23.5)	(25.5)	(3.2)	(2.4)	(4.9)
Balance as of June 30,	$4.4	$4.7	$0.5	$0.6	$1.5

Entergy Mississippi [Member]

Fair Values Of Derivative Instruments


Instrument	Balance Sheet Location	Gross Fair Value (a)	Offsetting Position (b)	Net Fair Value (c) (d)	Registrant
		(In Millions)
Assets:
Natural gas swaps and options	Prepayments and other	$2.1	$—	$2.1	Entergy Louisiana




Financial transmission rights	Prepayments and other	$19.8	($0.2)	$19.6	Entergy Arkansas
Financial transmission rights	Prepayments and other	$16.9	($0.2)	$16.7	Entergy Louisiana
Financial transmission rights	Prepayments and other	$2.0	($0.8)	$1.2	Entergy Mississippi
Financial transmission rights	Prepayments and other	$1.6	($0.1)	$1.5	Entergy New Orleans
Financial transmission rights	Prepayments and other	$3.5	($2.3)	$1.2	Entergy Texas

Liabilities:


Natural gas swaps	Other current liabilities	$12.6	$—	$12.6	Entergy Mississippi

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows:


Instrument	Balance Sheet Location	Gross Fair Value (a)	Offsetting Position (b)	Net Fair Value (c) (d)	Registrant
		(In Millions)
Assets:
Natural gas swaps and options	Prepayments and other	$13.1	$—	$13.1	Entergy Louisiana
Natural gas swaps and options	Other deferred debits and other assets	$3.4	$—	$3.4	Entergy Louisiana



Financial transmission rights	Prepayments and other	$10.3	$—	$10.3	Entergy Arkansas
Financial transmission rights	Prepayments and other	$7.7	($0.4)	$7.3	Entergy Louisiana
Financial transmission rights	Prepayments and other	$0.6	$—	$0.6	Entergy Mississippi
Financial transmission rights	Prepayments and other	$0.8	$—	$0.8	Entergy New Orleans
Financial transmission rights	Prepayments and other	$1.2	($1.1)	$0.1	Entergy Texas

Liabilities:




Natural gas swaps	Other current liabilities	$24.0	$—	$24.0	Entergy Mississippi
Natural gas swaps	Other current liabilities	$1.5	$—	$1.5	Entergy New Orleans

(a)Represents the gross amounts of recognized assets/liabilities

(b)Represents the netting of fair value balances with the same counterparty

(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets

Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income

Instrument

Income Statement Location

Amount of gain
(loss) recorded
in the income statement

Registrant

(In Millions)

2023

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$0.8

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($1.2)

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$0.1

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.1

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$19.5

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$3.0

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$1.5

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$3.5

(b)

Entergy Texas

2022

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$8.7

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$14.6

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($0.2)

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$16.0

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$16.1

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$2.2

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$1.6

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$1.0

(b)

Entergy Texas

The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows:

Instrument

Income Statement Location

Amount of gain
(loss) recorded
in the income statement

Registrant

(In Millions)

2023

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

($5.7)

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($29.8)

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($2.1)

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$8.0

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$28.3

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$4.5

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$2.4

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.2

(b)

Entergy Texas

2022

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$19.8

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$57.4

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$0.9

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$23.5

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$25.5

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$3.2

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$2.4

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.9

(b)

Entergy Texas

Assets and liabilities at fair value on a recurring basis

Entergy Mississippi


2023	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$8.4	$—	$—	$8.4
Storm reserve escrow account	34.3	—	—	34.3

Financial transmission rights	—	—	1.2	1.2
	$42.7	$—	$1.2	$43.9

Liabilities:
Gas hedge contracts	$12.6	$—	$—	$12.6


2022	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$17.0	$—	$—	$17.0
Storm reserve escrow account	33.5	—	—	33.5

Financial transmission rights	—	—	0.6	0.6
	$50.5	$—	$0.6	$51.1

Liabilities:
Gas hedge contracts	$24.0	$—	$—	$24.0

Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of April 1,	$4.0	$2.5	$0.2	$0.3	($0.1)
Issuances of financial transmission rights	20.6	18.1	1.4	1.4	0.2
Gains (losses) included as a regulatory liability/asset	(0.9)	15.6	2.6	1.3	4.6
Settlements	(4.1)	(19.5)	(3.0)	(1.5)	(3.5)
Balance as of June 30,	$19.6	$16.7	$1.2	$1.5	$1.2


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of April 1,	$0.4	$0.3	$0.2	$0.1	$0.5
Issuances of financial transmission rights	5.4	5.3	0.8	0.8	3.9
Gains (losses) included as a regulatory liability/asset	14.6	15.2	1.7	1.3	(1.9)
Settlements	(16.0)	(16.1)	(2.2)	(1.6)	(1.0)
Balance as of June 30,	$4.4	$4.7	$0.5	$0.6	$1.5


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of January 1,	$10.3	$7.3	$0.6	$0.8	$0.1
Issuances of financial transmission rights	20.6	18.1	1.4	1.4	0.2
Gains (losses) included as a regulatory liability/asset	(3.3)	19.6	3.7	1.7	5.1
Settlements	(8.0)	(28.3)	(4.5)	(2.4)	(4.2)
Balance as of June 30,	$19.6	$16.7	$1.2	$1.5	$1.2


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of January 1,	$2.3	$0.6	$0.3	$0.1	$0.8
Issuances of financial transmission rights	5.4	5.3	0.8	0.8	3.9
Gains (losses) included as a regulatory liability/asset	20.2	24.3	2.6	2.1	1.7
Settlements	(23.5)	(25.5)	(3.2)	(2.4)	(4.9)
Balance as of June 30,	$4.4	$4.7	$0.5	$0.6	$1.5

Entergy New Orleans [Member]

Fair Values Of Derivative Instruments


Instrument	Balance Sheet Location	Gross Fair Value (a)	Offsetting Position (b)	Net Fair Value (c) (d)	Registrant
		(In Millions)
Assets:
Natural gas swaps and options	Prepayments and other	$2.1	$—	$2.1	Entergy Louisiana




Financial transmission rights	Prepayments and other	$19.8	($0.2)	$19.6	Entergy Arkansas
Financial transmission rights	Prepayments and other	$16.9	($0.2)	$16.7	Entergy Louisiana
Financial transmission rights	Prepayments and other	$2.0	($0.8)	$1.2	Entergy Mississippi
Financial transmission rights	Prepayments and other	$1.6	($0.1)	$1.5	Entergy New Orleans
Financial transmission rights	Prepayments and other	$3.5	($2.3)	$1.2	Entergy Texas

Liabilities:


Natural gas swaps	Other current liabilities	$12.6	$—	$12.6	Entergy Mississippi

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows:


Instrument	Balance Sheet Location	Gross Fair Value (a)	Offsetting Position (b)	Net Fair Value (c) (d)	Registrant
		(In Millions)
Assets:
Natural gas swaps and options	Prepayments and other	$13.1	$—	$13.1	Entergy Louisiana
Natural gas swaps and options	Other deferred debits and other assets	$3.4	$—	$3.4	Entergy Louisiana



Financial transmission rights	Prepayments and other	$10.3	$—	$10.3	Entergy Arkansas
Financial transmission rights	Prepayments and other	$7.7	($0.4)	$7.3	Entergy Louisiana
Financial transmission rights	Prepayments and other	$0.6	$—	$0.6	Entergy Mississippi
Financial transmission rights	Prepayments and other	$0.8	$—	$0.8	Entergy New Orleans
Financial transmission rights	Prepayments and other	$1.2	($1.1)	$0.1	Entergy Texas

Liabilities:




Natural gas swaps	Other current liabilities	$24.0	$—	$24.0	Entergy Mississippi
Natural gas swaps	Other current liabilities	$1.5	$—	$1.5	Entergy New Orleans

(a)Represents the gross amounts of recognized assets/liabilities

(b)Represents the netting of fair value balances with the same counterparty

(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets

Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income

Instrument

Income Statement Location

Amount of gain
(loss) recorded
in the income statement

Registrant

(In Millions)

2023

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$0.8

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($1.2)

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$0.1

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.1

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$19.5

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$3.0

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$1.5

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$3.5

(b)

Entergy Texas

2022

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$8.7

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$14.6

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($0.2)

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$16.0

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$16.1

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$2.2

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$1.6

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$1.0

(b)

Entergy Texas

The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows:

Instrument

Income Statement Location

Amount of gain
(loss) recorded
in the income statement

Registrant

(In Millions)

2023

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

($5.7)

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($29.8)

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($2.1)

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$8.0

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$28.3

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$4.5

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$2.4

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.2

(b)

Entergy Texas

2022

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$19.8

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$57.4

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$0.9

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$23.5

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$25.5

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$3.2

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$2.4

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.9

(b)

Entergy Texas

Assets and liabilities at fair value on a recurring basis

Entergy New Orleans


2023	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$141.3	$—	$—	$141.3
Securitization recovery trust account	1.7	—	—	1.7
Storm reserve escrow account	76.7	—	—	76.7

Financial transmission rights	—	—	1.5	1.5
	$219.7	$—	$1.5	$221.2


2022	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$4.4	$—	$—	$4.4
Securitization recovery trust account	2.2	—	—	2.2
Storm reserve escrow account	75.0	—	—	75.0

Financial transmission rights	—	—	0.8	0.8
	$81.6	$—	$0.8	$82.4

Liabilities:
Gas hedge contracts	$1.5	$—	$—	$1.5

Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of April 1,	$4.0	$2.5	$0.2	$0.3	($0.1)
Issuances of financial transmission rights	20.6	18.1	1.4	1.4	0.2
Gains (losses) included as a regulatory liability/asset	(0.9)	15.6	2.6	1.3	4.6
Settlements	(4.1)	(19.5)	(3.0)	(1.5)	(3.5)
Balance as of June 30,	$19.6	$16.7	$1.2	$1.5	$1.2


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of April 1,	$0.4	$0.3	$0.2	$0.1	$0.5
Issuances of financial transmission rights	5.4	5.3	0.8	0.8	3.9
Gains (losses) included as a regulatory liability/asset	14.6	15.2	1.7	1.3	(1.9)
Settlements	(16.0)	(16.1)	(2.2)	(1.6)	(1.0)
Balance as of June 30,	$4.4	$4.7	$0.5	$0.6	$1.5


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of January 1,	$10.3	$7.3	$0.6	$0.8	$0.1
Issuances of financial transmission rights	20.6	18.1	1.4	1.4	0.2
Gains (losses) included as a regulatory liability/asset	(3.3)	19.6	3.7	1.7	5.1
Settlements	(8.0)	(28.3)	(4.5)	(2.4)	(4.2)
Balance as of June 30,	$19.6	$16.7	$1.2	$1.5	$1.2


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of January 1,	$2.3	$0.6	$0.3	$0.1	$0.8
Issuances of financial transmission rights	5.4	5.3	0.8	0.8	3.9
Gains (losses) included as a regulatory liability/asset	20.2	24.3	2.6	2.1	1.7
Settlements	(23.5)	(25.5)	(3.2)	(2.4)	(4.9)
Balance as of June 30,	$4.4	$4.7	$0.5	$0.6	$1.5

Entergy Texas [Member]

Fair Values Of Derivative Instruments


Instrument	Balance Sheet Location	Gross Fair Value (a)	Offsetting Position (b)	Net Fair Value (c) (d)	Registrant
		(In Millions)
Assets:
Natural gas swaps and options	Prepayments and other	$2.1	$—	$2.1	Entergy Louisiana




Financial transmission rights	Prepayments and other	$19.8	($0.2)	$19.6	Entergy Arkansas
Financial transmission rights	Prepayments and other	$16.9	($0.2)	$16.7	Entergy Louisiana
Financial transmission rights	Prepayments and other	$2.0	($0.8)	$1.2	Entergy Mississippi
Financial transmission rights	Prepayments and other	$1.6	($0.1)	$1.5	Entergy New Orleans
Financial transmission rights	Prepayments and other	$3.5	($2.3)	$1.2	Entergy Texas

Liabilities:


Natural gas swaps	Other current liabilities	$12.6	$—	$12.6	Entergy Mississippi

The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows:


Instrument	Balance Sheet Location	Gross Fair Value (a)	Offsetting Position (b)	Net Fair Value (c) (d)	Registrant
		(In Millions)
Assets:
Natural gas swaps and options	Prepayments and other	$13.1	$—	$13.1	Entergy Louisiana
Natural gas swaps and options	Other deferred debits and other assets	$3.4	$—	$3.4	Entergy Louisiana



Financial transmission rights	Prepayments and other	$10.3	$—	$10.3	Entergy Arkansas
Financial transmission rights	Prepayments and other	$7.7	($0.4)	$7.3	Entergy Louisiana
Financial transmission rights	Prepayments and other	$0.6	$—	$0.6	Entergy Mississippi
Financial transmission rights	Prepayments and other	$0.8	$—	$0.8	Entergy New Orleans
Financial transmission rights	Prepayments and other	$1.2	($1.1)	$0.1	Entergy Texas

Liabilities:




Natural gas swaps	Other current liabilities	$24.0	$—	$24.0	Entergy Mississippi
Natural gas swaps	Other current liabilities	$1.5	$—	$1.5	Entergy New Orleans

(a)Represents the gross amounts of recognized assets/liabilities

(b)Represents the netting of fair value balances with the same counterparty

(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets

Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income

Instrument

Income Statement Location

Amount of gain
(loss) recorded
in the income statement

Registrant

(In Millions)

2023

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$0.8

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($1.2)

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$0.1

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.1

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$19.5

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$3.0

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$1.5

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$3.5

(b)

Entergy Texas

2022

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$8.7

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$14.6

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($0.2)

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$16.0

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$16.1

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$2.2

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$1.6

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$1.0

(b)

Entergy Texas

The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows:

Instrument

Income Statement Location

Amount of gain
(loss) recorded
in the income statement

Registrant

(In Millions)

2023

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

($5.7)

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($29.8)

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

($2.1)

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$8.0

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$28.3

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$4.5

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$2.4

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.2

(b)

Entergy Texas

2022

Natural gas swaps and options

Fuel, fuel-related expenses, and gas purchased for resale

$19.8

(a)

Entergy Louisiana

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$57.4

(a)

Entergy Mississippi

Natural gas swaps

Fuel, fuel-related expenses, and gas purchased for resale

$0.9

(a)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$23.5

(b)

Entergy Arkansas

Financial transmission rights

Purchased power expense

$25.5

(b)

Entergy Louisiana

Financial transmission rights

Purchased power expense

$3.2

(b)

Entergy Mississippi

Financial transmission rights

Purchased power expense

$2.4

(b)

Entergy New Orleans

Financial transmission rights

Purchased power expense

$4.9

(b)

Entergy Texas

Assets and liabilities at fair value on a recurring basis

Entergy Texas


2023	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$2.8	$—	$—	$2.8
Securitization recovery trust account	3.6	—	—	3.6
Financial transmission rights	—	—	1.2	1.2
	$6.4	$—	$1.2	$7.6


2022	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$3.0	$—	$—	$3.0
Securitization recovery trust account	10.9	—	—	10.9
Financial transmission rights	—	—	0.1	0.1
	$13.9	$—	$0.1	$14.0

Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of April 1,	$4.0	$2.5	$0.2	$0.3	($0.1)
Issuances of financial transmission rights	20.6	18.1	1.4	1.4	0.2
Gains (losses) included as a regulatory liability/asset	(0.9)	15.6	2.6	1.3	4.6
Settlements	(4.1)	(19.5)	(3.0)	(1.5)	(3.5)
Balance as of June 30,	$19.6	$16.7	$1.2	$1.5	$1.2


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of April 1,	$0.4	$0.3	$0.2	$0.1	$0.5
Issuances of financial transmission rights	5.4	5.3	0.8	0.8	3.9
Gains (losses) included as a regulatory liability/asset	14.6	15.2	1.7	1.3	(1.9)
Settlements	(16.0)	(16.1)	(2.2)	(1.6)	(1.0)
Balance as of June 30,	$4.4	$4.7	$0.5	$0.6	$1.5


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of January 1,	$10.3	$7.3	$0.6	$0.8	$0.1
Issuances of financial transmission rights	20.6	18.1	1.4	1.4	0.2
Gains (losses) included as a regulatory liability/asset	(3.3)	19.6	3.7	1.7	5.1
Settlements	(8.0)	(28.3)	(4.5)	(2.4)	(4.2)
Balance as of June 30,	$19.6	$16.7	$1.2	$1.5	$1.2


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Millions)
Balance as of January 1,	$2.3	$0.6	$0.3	$0.1	$0.8
Issuances of financial transmission rights	5.4	5.3	0.8	0.8	3.9
Gains (losses) included as a regulatory liability/asset	20.2	24.3	2.6	2.1	1.7
Settlements	(23.5)	(25.5)	(3.2)	(2.4)	(4.9)
Balance as of June 30,	$4.4	$4.7	$0.5	$0.6	$1.5

System Energy [Member]

Assets and liabilities at fair value on a recurring basis

System Energy


2023	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$46.2	$—	$—	$46.2
Decommissioning trust funds (a):
Equity securities	2.5	—	—	2.5
Debt securities	200.7	268.4	—	469.1
Common trusts (b)				788.7
	$249.4	$268.4	$—	$1,306.5


2022	Level 1	Level 2	Level 3	Total
	(In Millions)
Assets:
Temporary cash investments	$2.9	$—	$—	$2.9
Decommissioning trust funds (a):
Equity securities	2.8	—	—	2.8
Debt securities	197.5	262.2	—	459.7
Common trusts (b)				680.4
	$203.2	$262.2	$—	$1,145.8