XML 57 R24.htm IDEA: XBRL DOCUMENT v3.24.3
Equity (Tables)
 9 Months Ended
Sep. 30, 2024
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following tables present Entergy’s basic and diluted earnings per share calculations for the three and nine months ended September 30, 2024 and 2023, included on the consolidated income statements:
For the Three Months Ended September 30,
20242023
(Dollars In Thousands, Except Per Share Data; Shares in Millions)
$/share$/share
Consolidated net income$645,754 $669,714 
Less: Preferred dividend requirements of subsidiaries and noncontrolling interests814 2,959 
Net income attributable to Entergy Corporation$644,940 $666,755 
Basic shares and earnings per average common share214.0 $3.01 211.5 $3.15 
Average dilutive effect of:
Stock options0.3 — 0.2 — 
Other equity plans0.7 (0.01)0.5 (0.01)
Equity forwards0.7 (0.01)— — 
Diluted shares and earnings per average common shares215.7 $2.99 212.2 $3.14 

For the Nine Months Ended September 30,
20242023
(Dollars In Thousands, Except Per Share Data; Shares in Millions)
$/share$/share
Consolidated net income$774,022 $1,374,026 
Less: Preferred dividend requirements of subsidiaries and noncontrolling interests4,879 5,092 
Net income attributable to Entergy Corporation$769,143 $1,368,934 
Basic shares and earnings per average common share213.6 $3.60 211.4 $6.47 
Average dilutive effect of:
Stock options0.3 — 0.3 (0.01)
Other equity plans0.5 (0.01)0.5 (0.01)
Equity forwards0.3 (0.01)— — 
Diluted shares and earnings per average common shares214.7 $3.58 212.2 $6.45 

The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was 774,193 options for the three months ended September 30, 2024 and 1,305,354 options for the three months ended September 30, 2023. The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was 1,238,878 options for the nine months ended September 30, 2024 and 1,138,384 options for the nine months ended September 30, 2023.
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2024 and 2023:
Pension and Other Postretirement Benefit Plans
20242023
(In Thousands)
Beginning balance, July 1,$80,361 ($193,019)
Amounts reclassified from accumulated other comprehensive income (loss)(4,176)(2,434)
Net other comprehensive loss for the period(4,176)(2,434)
Ending balance, September 30,$76,185 ($195,453)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2024 and 2023:
Pension and Other Postretirement Benefit Plans
20242023
(In Thousands)
Beginning balance, January 1,($162,460)($191,754)
Amounts reclassified from accumulated other comprehensive income (loss)238,645 (3,699)
Net other comprehensive income (loss) for the period238,645 (3,699)
Ending balance, September 30,$76,185 ($195,453)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended September 30, 2024 and 2023 are as follows:
Amounts reclassified from AOCIIncome Statement Location
20242023
(In Thousands)
Pension and other postretirement benefit plans
   Amortization of prior service credit$3,473 $3,396 (a)
   Amortization of net gain2,130 1,700 (a)
   Settlement loss— (1,919)(a)
Total amortization and settlement loss5,603 3,177 
Income taxes(1,427)(743)Income taxes
Total amortization and settlement loss (net of tax)$4,176 $2,434 
Total reclassifications for the period (net of tax)$4,176 $2,434 

(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, 2024 and 2023 are as follows:
Amounts reclassified from AOCIIncome Statement Location
20242023
(In Thousands)
Pension and other postretirement benefit plans
   Amortization of prior service credit$10,419 $10,191 (a)
   Amortization of net gain5,167 4,994 (a)
   Settlement loss(316,974)(10,408)(a)
Total amortization and settlement loss(301,388)4,777 
Income taxes62,743 (1,078)Income taxes
Total amortization and settlement loss (net of tax)($238,645)$3,699 
Total reclassifications for the period (net of tax)($238,645)$3,699 

(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) [Table Text Block]
The following table presents changes in accumulated other comprehensive income for Entergy Louisiana for the three months ended September 30, 2024 and 2023:
Pension and Other Postretirement Benefit Plans
20242023
(In Thousands)
Beginning balance, July 1,$50,751 $52,811 
Amounts reclassified from accumulated other comprehensive income(2,024)(1,829)
Net other comprehensive loss for the period(2,024)(1,829)
Ending balance, September 30,$48,727 $50,982 

The following table presents changes in accumulated other comprehensive income for Entergy Louisiana for the nine months ended September 30, 2024 and 2023:
Pension and Other Postretirement Benefit Plans
20242023
(In Thousands)
Beginning balance, January 1,$54,798 $55,370 
Amounts reclassified from accumulated other comprehensive income(6,071)(4,388)
Net other comprehensive loss for the period(6,071)(4,388)
Ending balance, September 30,$48,727 $50,982 
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
Total reclassifications out of accumulated other comprehensive income (AOCI) for Entergy Louisiana for the three months ended September 30, 2024 and 2023 are as follows:
Amounts reclassified from AOCIIncome Statement Location
20242023
(In Thousands)
Pension and other postretirement benefit plans
   Amortization of prior service credit$1,136 $951 (a)
   Amortization of net gain1,634 1,574 (a)
   Settlement loss— (22)(a)
Total amortization and settlement loss2,770 2,503 
Income taxes(746)(674)Income taxes
Total amortization and settlement loss (net of tax)2,024 1,829 
Total reclassifications for the period (net of tax)$2,024 $1,829 

(a)These accumulated other comprehensive income 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 (AOCI) for Entergy Louisiana for the nine months ended September 30, 2024 and 2023 are as follows:
Amounts reclassified from AOCIIncome Statement Location
20242023
(In Thousands)
Pension and other postretirement benefit plans
   Amortization of prior service credit$3,408 $2,853 (a)
   Amortization of net gain4,900 4,703 (a)
   Settlement loss— (1,551)(a)
Total amortization and settlement loss8,308 6,005 
Income taxes(2,237)(1,617)Income taxes
Total amortization and settlement loss (net of tax)6,071 4,388 
Total reclassifications for the period (net of tax)$6,071 $4,388 

(a)These accumulated other comprehensive income 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.