RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$23,617	$23,370
Interest cost on projected benefit obligation	59,680	65,961
Expected return on assets	(75,280)	(89,506)

Recognized net loss	13,309	14,854
Settlement charges	—	325,253
Net pension cost	$21,326	$339,932

Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$47,234	$46,746
Interest cost on projected benefit obligation	119,360	136,587
Expected return on assets	(150,560)	(185,486)

Recognized net loss	26,618	29,974
Settlement charges	—	325,253
Net pension cost	$42,652	$353,074

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024, included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,427	$5,454	$1,304	$411	$1,024	$1,372
Interest cost on projected benefit obligation	13,814	14,704	3,699	1,647	2,973	3,585
Expected return on assets	(17,676)	(18,897)	(4,949)	(2,174)	(3,889)	(4,575)

Recognized net loss	4,791	2,268	822	415	454	1,114

Net pension cost	$5,356	$3,529	$876	$299	$562	$1,496



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,100	$5,551	$1,284	$440	$962	$1,383
Interest cost on projected benefit obligation	13,217	13,961	3,521	1,569	2,831	3,386
Expected return on assets	(18,155)	(19,447)	(5,113)	(2,203)	(4,077)	(4,633)

Recognized net loss	5,746	2,602	1,140	470	393	1,162
Settlement charges	—	—	—	—	—	611
Net pension cost	$4,908	$2,667	$832	$276	$109	$1,909

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024, included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,854	$10,908	$2,608	$822	$2,048	$2,744
Interest cost on projected benefit obligation	27,628	29,408	7,398	3,294	5,946	7,170
Expected return on assets	(35,352)	(37,794)	(9,898)	(4,348)	(7,778)	(9,150)

Recognized net loss	9,582	4,536	1,644	830	908	2,228

Net pension cost	$10,712	$7,058	$1,752	$598	$1,124	$2,992


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,199	$11,102	$2,568	$880	$1,923	$2,767
Interest cost on projected benefit obligation	26,434	27,922	7,042	3,138	5,662	6,777
Expected return on assets	(36,310)	(38,894)	(10,226)	(4,407)	(8,154)	(9,281)


Recognized net loss	11,492	5,204	2,280	940	786	2,327
Settlement charges	—	—	—	—	—	611
Net pension cost	$9,815	$5,334	$1,664	$551	$217	$3,201

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the second quarters of 2025 and 2024, respectively. For the second quarters of 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $5 million and $5.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2025 and 2024, respectively. For the six months ended June 30, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for second quarters of 2025 and 2024:



	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$47	$36	$90	$35	$39
2024	$68	$51	$83	$31	$62

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2025 and 2024:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$94	$72	$180	$70	$78
2024	$136	$102	$166	$61	$124

For the second quarters of 2025 and 2024, there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sums benefits out of the plan. For the six months ended June 30, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefits Income

Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$2,757	$3,126
Interest cost on accumulated postretirement benefit obligation (APBO)	9,690	9,852
Expected return on assets	(10,209)	(10,569)

Amortization of prior service credit	(5,720)	(5,720)
Recognized net gain	(3,870)	(2,761)
Net other postretirement benefits income	($7,352)	($6,072)

Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$5,514	$6,252
Interest cost on APBO	19,380	19,704
Expected return on assets	(20,418)	(21,138)

Amortization of prior service credit	(11,440)	(11,440)
Recognized net gain	(7,740)	(5,522)
Net other postretirement benefits income	($14,704)	($12,144)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024 included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$572	$671	$162	$52	$159	$174
Interest cost on APBO	1,775	2,012	489	249	582	394
Expected return on assets	(4,225)	—	(1,328)	(1,445)	(2,452)	(702)

Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	(353)	(1,811)	(57)	(27)	153	(7)
Net other postretirement benefits income	($1,707)	($264)	($973)	($1,400)	($2,651)	($214)



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$642	$700	$184	$51	$168	$175
Interest cost on APBO	1,833	1,999	486	253	603	398
Expected return on assets	(4,384)	—	(1,372)	(1,479)	(2,539)	(728)


Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	—	(1,738)	15	19	148	—
Net other postretirement benefits income	($1,385)	($175)	($926)	($1,385)	($2,713)	($228)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024 included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,144	$1,342	$324	$104	$318	$348
Interest cost on APBO	3,550	4,024	978	498	1,164	788
Expected return on assets	(8,450)	—	(2,656)	(2,890)	(4,904)	(1,404)
Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	(706)	(3,622)	(114)	(54)	306	(14)
Net other postretirement benefits income	($3,414)	($528)	($1,946)	($2,800)	($5,302)	($428)


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,284	$1,400	$368	$102	$336	$350
Interest cost on APBO	3,666	3,998	972	506	1,206	796
Expected return on assets	(8,768)	—	(2,744)	(2,958)	(5,078)	(1,456)


Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	—	(3,476)	30	38	296	—
Net other postretirement benefits income	($2,770)	($350)	($1,852)	($2,770)	($5,426)	($456)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2025 and 2024:



2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,493	($31)	$3,462
Amortization of net gain (loss)	(411)	3,070	(108)	2,551


	($411)	$6,563	($139)	$6,013
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(91)	1,811	(1)	1,719

	($91)	$2,947	($1)	$2,855



2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,513	($40)	$3,473
Amortization of net gain (loss)	(894)	2,615	(80)	1,641

Settlement loss	(316,974)	—	—	(316,974)
	($317,868)	$6,128	($120)	($311,860)
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(104)	1,738	(2)	1,632

	($104)	$2,874	($2)	$2,768

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2025 and 2024:


2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$6,986	($62)	$6,924
Amortization of net gain (loss)	(822)	6,140	(216)	5,102


	($822)	$13,126	($278)	$12,026
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(182)	3,622	(2)	3,438

	($182)	$5,894	($2)	$5,710


2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$7,026	($80)	$6,946
Amortization of net gain (loss)	(2,033)	5,230	(160)	3,037

Settlement loss	(316,974)	—	—	(316,974)
	($319,007)	$12,256	($240)	($306,991)
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(208)	3,476	(2)	3,266

	($208)	$5,748	($2)	$5,538

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

See Note 11 to the financial statements in the Form 10-K for further discussion of pension and other postretirement benefits costs.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025. As of June 30, 2025, Entergy had contributed $99.7 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2025 pension contributions	$35,544	$41,253	$8,064	$5,016	$7,725	$15,668
Pension contributions made through June 2025	$16,968	$17,448	$3,951	$2,112	$3,240	$6,413
Remaining estimated pension contributions to be made in 2025	$18,576	$23,805	$4,113	$2,904	$4,485	$9,255

Retirement Benefits [Text Block]

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$23,617	$23,370
Interest cost on projected benefit obligation	59,680	65,961
Expected return on assets	(75,280)	(89,506)

Recognized net loss	13,309	14,854
Settlement charges	—	325,253
Net pension cost	$21,326	$339,932

Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$47,234	$46,746
Interest cost on projected benefit obligation	119,360	136,587
Expected return on assets	(150,560)	(185,486)

Recognized net loss	26,618	29,974
Settlement charges	—	325,253
Net pension cost	$42,652	$353,074

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024, included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,427	$5,454	$1,304	$411	$1,024	$1,372
Interest cost on projected benefit obligation	13,814	14,704	3,699	1,647	2,973	3,585
Expected return on assets	(17,676)	(18,897)	(4,949)	(2,174)	(3,889)	(4,575)

Recognized net loss	4,791	2,268	822	415	454	1,114

Net pension cost	$5,356	$3,529	$876	$299	$562	$1,496



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,100	$5,551	$1,284	$440	$962	$1,383
Interest cost on projected benefit obligation	13,217	13,961	3,521	1,569	2,831	3,386
Expected return on assets	(18,155)	(19,447)	(5,113)	(2,203)	(4,077)	(4,633)

Recognized net loss	5,746	2,602	1,140	470	393	1,162
Settlement charges	—	—	—	—	—	611
Net pension cost	$4,908	$2,667	$832	$276	$109	$1,909

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024, included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,854	$10,908	$2,608	$822	$2,048	$2,744
Interest cost on projected benefit obligation	27,628	29,408	7,398	3,294	5,946	7,170
Expected return on assets	(35,352)	(37,794)	(9,898)	(4,348)	(7,778)	(9,150)

Recognized net loss	9,582	4,536	1,644	830	908	2,228

Net pension cost	$10,712	$7,058	$1,752	$598	$1,124	$2,992


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,199	$11,102	$2,568	$880	$1,923	$2,767
Interest cost on projected benefit obligation	26,434	27,922	7,042	3,138	5,662	6,777
Expected return on assets	(36,310)	(38,894)	(10,226)	(4,407)	(8,154)	(9,281)


Recognized net loss	11,492	5,204	2,280	940	786	2,327
Settlement charges	—	—	—	—	—	611
Net pension cost	$9,815	$5,334	$1,664	$551	$217	$3,201

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the second quarters of 2025 and 2024, respectively. For the second quarters of 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $5 million and $5.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2025 and 2024, respectively. For the six months ended June 30, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for second quarters of 2025 and 2024:



	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$47	$36	$90	$35	$39
2024	$68	$51	$83	$31	$62

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2025 and 2024:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$94	$72	$180	$70	$78
2024	$136	$102	$166	$61	$124

For the second quarters of 2025 and 2024, there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sums benefits out of the plan. For the six months ended June 30, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefits Income

Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$2,757	$3,126
Interest cost on accumulated postretirement benefit obligation (APBO)	9,690	9,852
Expected return on assets	(10,209)	(10,569)

Amortization of prior service credit	(5,720)	(5,720)
Recognized net gain	(3,870)	(2,761)
Net other postretirement benefits income	($7,352)	($6,072)

Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$5,514	$6,252
Interest cost on APBO	19,380	19,704
Expected return on assets	(20,418)	(21,138)

Amortization of prior service credit	(11,440)	(11,440)
Recognized net gain	(7,740)	(5,522)
Net other postretirement benefits income	($14,704)	($12,144)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024 included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$572	$671	$162	$52	$159	$174
Interest cost on APBO	1,775	2,012	489	249	582	394
Expected return on assets	(4,225)	—	(1,328)	(1,445)	(2,452)	(702)

Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	(353)	(1,811)	(57)	(27)	153	(7)
Net other postretirement benefits income	($1,707)	($264)	($973)	($1,400)	($2,651)	($214)



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$642	$700	$184	$51	$168	$175
Interest cost on APBO	1,833	1,999	486	253	603	398
Expected return on assets	(4,384)	—	(1,372)	(1,479)	(2,539)	(728)


Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	—	(1,738)	15	19	148	—
Net other postretirement benefits income	($1,385)	($175)	($926)	($1,385)	($2,713)	($228)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024 included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,144	$1,342	$324	$104	$318	$348
Interest cost on APBO	3,550	4,024	978	498	1,164	788
Expected return on assets	(8,450)	—	(2,656)	(2,890)	(4,904)	(1,404)
Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	(706)	(3,622)	(114)	(54)	306	(14)
Net other postretirement benefits income	($3,414)	($528)	($1,946)	($2,800)	($5,302)	($428)


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,284	$1,400	$368	$102	$336	$350
Interest cost on APBO	3,666	3,998	972	506	1,206	796
Expected return on assets	(8,768)	—	(2,744)	(2,958)	(5,078)	(1,456)


Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	—	(3,476)	30	38	296	—
Net other postretirement benefits income	($2,770)	($350)	($1,852)	($2,770)	($5,426)	($456)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2025 and 2024:



2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,493	($31)	$3,462
Amortization of net gain (loss)	(411)	3,070	(108)	2,551


	($411)	$6,563	($139)	$6,013
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(91)	1,811	(1)	1,719

	($91)	$2,947	($1)	$2,855



2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,513	($40)	$3,473
Amortization of net gain (loss)	(894)	2,615	(80)	1,641

Settlement loss	(316,974)	—	—	(316,974)
	($317,868)	$6,128	($120)	($311,860)
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(104)	1,738	(2)	1,632

	($104)	$2,874	($2)	$2,768

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2025 and 2024:


2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$6,986	($62)	$6,924
Amortization of net gain (loss)	(822)	6,140	(216)	5,102


	($822)	$13,126	($278)	$12,026
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(182)	3,622	(2)	3,438

	($182)	$5,894	($2)	$5,710


2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$7,026	($80)	$6,946
Amortization of net gain (loss)	(2,033)	5,230	(160)	3,037

Settlement loss	(316,974)	—	—	(316,974)
	($319,007)	$12,256	($240)	($306,991)
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(208)	3,476	(2)	3,266

	($208)	$5,748	($2)	$5,538

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

See Note 11 to the financial statements in the Form 10-K for further discussion of pension and other postretirement benefits costs.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025. As of June 30, 2025, Entergy had contributed $99.7 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2025 pension contributions	$35,544	$41,253	$8,064	$5,016	$7,725	$15,668
Pension contributions made through June 2025	$16,968	$17,448	$3,951	$2,112	$3,240	$6,413
Remaining estimated pension contributions to be made in 2025	$18,576	$23,805	$4,113	$2,904	$4,485	$9,255

Retirement Benefits [Text Block]

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$23,617	$23,370
Interest cost on projected benefit obligation	59,680	65,961
Expected return on assets	(75,280)	(89,506)

Recognized net loss	13,309	14,854
Settlement charges	—	325,253
Net pension cost	$21,326	$339,932

Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$47,234	$46,746
Interest cost on projected benefit obligation	119,360	136,587
Expected return on assets	(150,560)	(185,486)

Recognized net loss	26,618	29,974
Settlement charges	—	325,253
Net pension cost	$42,652	$353,074

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024, included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,427	$5,454	$1,304	$411	$1,024	$1,372
Interest cost on projected benefit obligation	13,814	14,704	3,699	1,647	2,973	3,585
Expected return on assets	(17,676)	(18,897)	(4,949)	(2,174)	(3,889)	(4,575)

Recognized net loss	4,791	2,268	822	415	454	1,114

Net pension cost	$5,356	$3,529	$876	$299	$562	$1,496



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,100	$5,551	$1,284	$440	$962	$1,383
Interest cost on projected benefit obligation	13,217	13,961	3,521	1,569	2,831	3,386
Expected return on assets	(18,155)	(19,447)	(5,113)	(2,203)	(4,077)	(4,633)

Recognized net loss	5,746	2,602	1,140	470	393	1,162
Settlement charges	—	—	—	—	—	611
Net pension cost	$4,908	$2,667	$832	$276	$109	$1,909

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024, included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,854	$10,908	$2,608	$822	$2,048	$2,744
Interest cost on projected benefit obligation	27,628	29,408	7,398	3,294	5,946	7,170
Expected return on assets	(35,352)	(37,794)	(9,898)	(4,348)	(7,778)	(9,150)

Recognized net loss	9,582	4,536	1,644	830	908	2,228

Net pension cost	$10,712	$7,058	$1,752	$598	$1,124	$2,992


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,199	$11,102	$2,568	$880	$1,923	$2,767
Interest cost on projected benefit obligation	26,434	27,922	7,042	3,138	5,662	6,777
Expected return on assets	(36,310)	(38,894)	(10,226)	(4,407)	(8,154)	(9,281)


Recognized net loss	11,492	5,204	2,280	940	786	2,327
Settlement charges	—	—	—	—	—	611
Net pension cost	$9,815	$5,334	$1,664	$551	$217	$3,201

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the second quarters of 2025 and 2024, respectively. For the second quarters of 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $5 million and $5.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2025 and 2024, respectively. For the six months ended June 30, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for second quarters of 2025 and 2024:



	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$47	$36	$90	$35	$39
2024	$68	$51	$83	$31	$62

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2025 and 2024:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$94	$72	$180	$70	$78
2024	$136	$102	$166	$61	$124

For the second quarters of 2025 and 2024, there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sums benefits out of the plan. For the six months ended June 30, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefits Income

Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$2,757	$3,126
Interest cost on accumulated postretirement benefit obligation (APBO)	9,690	9,852
Expected return on assets	(10,209)	(10,569)

Amortization of prior service credit	(5,720)	(5,720)
Recognized net gain	(3,870)	(2,761)
Net other postretirement benefits income	($7,352)	($6,072)

Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$5,514	$6,252
Interest cost on APBO	19,380	19,704
Expected return on assets	(20,418)	(21,138)

Amortization of prior service credit	(11,440)	(11,440)
Recognized net gain	(7,740)	(5,522)
Net other postretirement benefits income	($14,704)	($12,144)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024 included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$572	$671	$162	$52	$159	$174
Interest cost on APBO	1,775	2,012	489	249	582	394
Expected return on assets	(4,225)	—	(1,328)	(1,445)	(2,452)	(702)

Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	(353)	(1,811)	(57)	(27)	153	(7)
Net other postretirement benefits income	($1,707)	($264)	($973)	($1,400)	($2,651)	($214)



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$642	$700	$184	$51	$168	$175
Interest cost on APBO	1,833	1,999	486	253	603	398
Expected return on assets	(4,384)	—	(1,372)	(1,479)	(2,539)	(728)


Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	—	(1,738)	15	19	148	—
Net other postretirement benefits income	($1,385)	($175)	($926)	($1,385)	($2,713)	($228)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024 included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,144	$1,342	$324	$104	$318	$348
Interest cost on APBO	3,550	4,024	978	498	1,164	788
Expected return on assets	(8,450)	—	(2,656)	(2,890)	(4,904)	(1,404)
Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	(706)	(3,622)	(114)	(54)	306	(14)
Net other postretirement benefits income	($3,414)	($528)	($1,946)	($2,800)	($5,302)	($428)


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,284	$1,400	$368	$102	$336	$350
Interest cost on APBO	3,666	3,998	972	506	1,206	796
Expected return on assets	(8,768)	—	(2,744)	(2,958)	(5,078)	(1,456)


Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	—	(3,476)	30	38	296	—
Net other postretirement benefits income	($2,770)	($350)	($1,852)	($2,770)	($5,426)	($456)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2025 and 2024:



2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,493	($31)	$3,462
Amortization of net gain (loss)	(411)	3,070	(108)	2,551


	($411)	$6,563	($139)	$6,013
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(91)	1,811	(1)	1,719

	($91)	$2,947	($1)	$2,855



2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,513	($40)	$3,473
Amortization of net gain (loss)	(894)	2,615	(80)	1,641

Settlement loss	(316,974)	—	—	(316,974)
	($317,868)	$6,128	($120)	($311,860)
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(104)	1,738	(2)	1,632

	($104)	$2,874	($2)	$2,768

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2025 and 2024:


2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$6,986	($62)	$6,924
Amortization of net gain (loss)	(822)	6,140	(216)	5,102


	($822)	$13,126	($278)	$12,026
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(182)	3,622	(2)	3,438

	($182)	$5,894	($2)	$5,710


2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$7,026	($80)	$6,946
Amortization of net gain (loss)	(2,033)	5,230	(160)	3,037

Settlement loss	(316,974)	—	—	(316,974)
	($319,007)	$12,256	($240)	($306,991)
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(208)	3,476	(2)	3,266

	($208)	$5,748	($2)	$5,538

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

See Note 11 to the financial statements in the Form 10-K for further discussion of pension and other postretirement benefits costs.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025. As of June 30, 2025, Entergy had contributed $99.7 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2025 pension contributions	$35,544	$41,253	$8,064	$5,016	$7,725	$15,668
Pension contributions made through June 2025	$16,968	$17,448	$3,951	$2,112	$3,240	$6,413
Remaining estimated pension contributions to be made in 2025	$18,576	$23,805	$4,113	$2,904	$4,485	$9,255

Retirement Benefits [Text Block]

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$23,617	$23,370
Interest cost on projected benefit obligation	59,680	65,961
Expected return on assets	(75,280)	(89,506)

Recognized net loss	13,309	14,854
Settlement charges	—	325,253
Net pension cost	$21,326	$339,932

Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$47,234	$46,746
Interest cost on projected benefit obligation	119,360	136,587
Expected return on assets	(150,560)	(185,486)

Recognized net loss	26,618	29,974
Settlement charges	—	325,253
Net pension cost	$42,652	$353,074

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024, included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,427	$5,454	$1,304	$411	$1,024	$1,372
Interest cost on projected benefit obligation	13,814	14,704	3,699	1,647	2,973	3,585
Expected return on assets	(17,676)	(18,897)	(4,949)	(2,174)	(3,889)	(4,575)

Recognized net loss	4,791	2,268	822	415	454	1,114

Net pension cost	$5,356	$3,529	$876	$299	$562	$1,496



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,100	$5,551	$1,284	$440	$962	$1,383
Interest cost on projected benefit obligation	13,217	13,961	3,521	1,569	2,831	3,386
Expected return on assets	(18,155)	(19,447)	(5,113)	(2,203)	(4,077)	(4,633)

Recognized net loss	5,746	2,602	1,140	470	393	1,162
Settlement charges	—	—	—	—	—	611
Net pension cost	$4,908	$2,667	$832	$276	$109	$1,909

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024, included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,854	$10,908	$2,608	$822	$2,048	$2,744
Interest cost on projected benefit obligation	27,628	29,408	7,398	3,294	5,946	7,170
Expected return on assets	(35,352)	(37,794)	(9,898)	(4,348)	(7,778)	(9,150)

Recognized net loss	9,582	4,536	1,644	830	908	2,228

Net pension cost	$10,712	$7,058	$1,752	$598	$1,124	$2,992


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,199	$11,102	$2,568	$880	$1,923	$2,767
Interest cost on projected benefit obligation	26,434	27,922	7,042	3,138	5,662	6,777
Expected return on assets	(36,310)	(38,894)	(10,226)	(4,407)	(8,154)	(9,281)


Recognized net loss	11,492	5,204	2,280	940	786	2,327
Settlement charges	—	—	—	—	—	611
Net pension cost	$9,815	$5,334	$1,664	$551	$217	$3,201

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the second quarters of 2025 and 2024, respectively. For the second quarters of 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $5 million and $5.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2025 and 2024, respectively. For the six months ended June 30, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for second quarters of 2025 and 2024:



	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$47	$36	$90	$35	$39
2024	$68	$51	$83	$31	$62

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2025 and 2024:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$94	$72	$180	$70	$78
2024	$136	$102	$166	$61	$124

For the second quarters of 2025 and 2024, there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sums benefits out of the plan. For the six months ended June 30, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefits Income

Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$2,757	$3,126
Interest cost on accumulated postretirement benefit obligation (APBO)	9,690	9,852
Expected return on assets	(10,209)	(10,569)

Amortization of prior service credit	(5,720)	(5,720)
Recognized net gain	(3,870)	(2,761)
Net other postretirement benefits income	($7,352)	($6,072)

Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$5,514	$6,252
Interest cost on APBO	19,380	19,704
Expected return on assets	(20,418)	(21,138)

Amortization of prior service credit	(11,440)	(11,440)
Recognized net gain	(7,740)	(5,522)
Net other postretirement benefits income	($14,704)	($12,144)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024 included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$572	$671	$162	$52	$159	$174
Interest cost on APBO	1,775	2,012	489	249	582	394
Expected return on assets	(4,225)	—	(1,328)	(1,445)	(2,452)	(702)

Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	(353)	(1,811)	(57)	(27)	153	(7)
Net other postretirement benefits income	($1,707)	($264)	($973)	($1,400)	($2,651)	($214)



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$642	$700	$184	$51	$168	$175
Interest cost on APBO	1,833	1,999	486	253	603	398
Expected return on assets	(4,384)	—	(1,372)	(1,479)	(2,539)	(728)


Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	—	(1,738)	15	19	148	—
Net other postretirement benefits income	($1,385)	($175)	($926)	($1,385)	($2,713)	($228)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024 included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,144	$1,342	$324	$104	$318	$348
Interest cost on APBO	3,550	4,024	978	498	1,164	788
Expected return on assets	(8,450)	—	(2,656)	(2,890)	(4,904)	(1,404)
Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	(706)	(3,622)	(114)	(54)	306	(14)
Net other postretirement benefits income	($3,414)	($528)	($1,946)	($2,800)	($5,302)	($428)


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,284	$1,400	$368	$102	$336	$350
Interest cost on APBO	3,666	3,998	972	506	1,206	796
Expected return on assets	(8,768)	—	(2,744)	(2,958)	(5,078)	(1,456)


Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	—	(3,476)	30	38	296	—
Net other postretirement benefits income	($2,770)	($350)	($1,852)	($2,770)	($5,426)	($456)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2025 and 2024:



2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,493	($31)	$3,462
Amortization of net gain (loss)	(411)	3,070	(108)	2,551


	($411)	$6,563	($139)	$6,013
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(91)	1,811	(1)	1,719

	($91)	$2,947	($1)	$2,855



2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,513	($40)	$3,473
Amortization of net gain (loss)	(894)	2,615	(80)	1,641

Settlement loss	(316,974)	—	—	(316,974)
	($317,868)	$6,128	($120)	($311,860)
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(104)	1,738	(2)	1,632

	($104)	$2,874	($2)	$2,768

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2025 and 2024:


2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$6,986	($62)	$6,924
Amortization of net gain (loss)	(822)	6,140	(216)	5,102


	($822)	$13,126	($278)	$12,026
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(182)	3,622	(2)	3,438

	($182)	$5,894	($2)	$5,710


2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$7,026	($80)	$6,946
Amortization of net gain (loss)	(2,033)	5,230	(160)	3,037

Settlement loss	(316,974)	—	—	(316,974)
	($319,007)	$12,256	($240)	($306,991)
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(208)	3,476	(2)	3,266

	($208)	$5,748	($2)	$5,538

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

See Note 11 to the financial statements in the Form 10-K for further discussion of pension and other postretirement benefits costs.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025. As of June 30, 2025, Entergy had contributed $99.7 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2025 pension contributions	$35,544	$41,253	$8,064	$5,016	$7,725	$15,668
Pension contributions made through June 2025	$16,968	$17,448	$3,951	$2,112	$3,240	$6,413
Remaining estimated pension contributions to be made in 2025	$18,576	$23,805	$4,113	$2,904	$4,485	$9,255

Retirement Benefits [Text Block]

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$23,617	$23,370
Interest cost on projected benefit obligation	59,680	65,961
Expected return on assets	(75,280)	(89,506)

Recognized net loss	13,309	14,854
Settlement charges	—	325,253
Net pension cost	$21,326	$339,932

Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$47,234	$46,746
Interest cost on projected benefit obligation	119,360	136,587
Expected return on assets	(150,560)	(185,486)

Recognized net loss	26,618	29,974
Settlement charges	—	325,253
Net pension cost	$42,652	$353,074

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024, included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,427	$5,454	$1,304	$411	$1,024	$1,372
Interest cost on projected benefit obligation	13,814	14,704	3,699	1,647	2,973	3,585
Expected return on assets	(17,676)	(18,897)	(4,949)	(2,174)	(3,889)	(4,575)

Recognized net loss	4,791	2,268	822	415	454	1,114

Net pension cost	$5,356	$3,529	$876	$299	$562	$1,496



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,100	$5,551	$1,284	$440	$962	$1,383
Interest cost on projected benefit obligation	13,217	13,961	3,521	1,569	2,831	3,386
Expected return on assets	(18,155)	(19,447)	(5,113)	(2,203)	(4,077)	(4,633)

Recognized net loss	5,746	2,602	1,140	470	393	1,162
Settlement charges	—	—	—	—	—	611
Net pension cost	$4,908	$2,667	$832	$276	$109	$1,909

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024, included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,854	$10,908	$2,608	$822	$2,048	$2,744
Interest cost on projected benefit obligation	27,628	29,408	7,398	3,294	5,946	7,170
Expected return on assets	(35,352)	(37,794)	(9,898)	(4,348)	(7,778)	(9,150)

Recognized net loss	9,582	4,536	1,644	830	908	2,228

Net pension cost	$10,712	$7,058	$1,752	$598	$1,124	$2,992


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,199	$11,102	$2,568	$880	$1,923	$2,767
Interest cost on projected benefit obligation	26,434	27,922	7,042	3,138	5,662	6,777
Expected return on assets	(36,310)	(38,894)	(10,226)	(4,407)	(8,154)	(9,281)


Recognized net loss	11,492	5,204	2,280	940	786	2,327
Settlement charges	—	—	—	—	—	611
Net pension cost	$9,815	$5,334	$1,664	$551	$217	$3,201

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the second quarters of 2025 and 2024, respectively. For the second quarters of 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $5 million and $5.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2025 and 2024, respectively. For the six months ended June 30, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for second quarters of 2025 and 2024:



	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$47	$36	$90	$35	$39
2024	$68	$51	$83	$31	$62

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2025 and 2024:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$94	$72	$180	$70	$78
2024	$136	$102	$166	$61	$124

For the second quarters of 2025 and 2024, there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sums benefits out of the plan. For the six months ended June 30, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefits Income

Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$2,757	$3,126
Interest cost on accumulated postretirement benefit obligation (APBO)	9,690	9,852
Expected return on assets	(10,209)	(10,569)

Amortization of prior service credit	(5,720)	(5,720)
Recognized net gain	(3,870)	(2,761)
Net other postretirement benefits income	($7,352)	($6,072)

Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$5,514	$6,252
Interest cost on APBO	19,380	19,704
Expected return on assets	(20,418)	(21,138)

Amortization of prior service credit	(11,440)	(11,440)
Recognized net gain	(7,740)	(5,522)
Net other postretirement benefits income	($14,704)	($12,144)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024 included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$572	$671	$162	$52	$159	$174
Interest cost on APBO	1,775	2,012	489	249	582	394
Expected return on assets	(4,225)	—	(1,328)	(1,445)	(2,452)	(702)

Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	(353)	(1,811)	(57)	(27)	153	(7)
Net other postretirement benefits income	($1,707)	($264)	($973)	($1,400)	($2,651)	($214)



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$642	$700	$184	$51	$168	$175
Interest cost on APBO	1,833	1,999	486	253	603	398
Expected return on assets	(4,384)	—	(1,372)	(1,479)	(2,539)	(728)


Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	—	(1,738)	15	19	148	—
Net other postretirement benefits income	($1,385)	($175)	($926)	($1,385)	($2,713)	($228)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024 included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,144	$1,342	$324	$104	$318	$348
Interest cost on APBO	3,550	4,024	978	498	1,164	788
Expected return on assets	(8,450)	—	(2,656)	(2,890)	(4,904)	(1,404)
Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	(706)	(3,622)	(114)	(54)	306	(14)
Net other postretirement benefits income	($3,414)	($528)	($1,946)	($2,800)	($5,302)	($428)


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,284	$1,400	$368	$102	$336	$350
Interest cost on APBO	3,666	3,998	972	506	1,206	796
Expected return on assets	(8,768)	—	(2,744)	(2,958)	(5,078)	(1,456)


Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	—	(3,476)	30	38	296	—
Net other postretirement benefits income	($2,770)	($350)	($1,852)	($2,770)	($5,426)	($456)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2025 and 2024:



2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,493	($31)	$3,462
Amortization of net gain (loss)	(411)	3,070	(108)	2,551


	($411)	$6,563	($139)	$6,013
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(91)	1,811	(1)	1,719

	($91)	$2,947	($1)	$2,855



2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,513	($40)	$3,473
Amortization of net gain (loss)	(894)	2,615	(80)	1,641

Settlement loss	(316,974)	—	—	(316,974)
	($317,868)	$6,128	($120)	($311,860)
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(104)	1,738	(2)	1,632

	($104)	$2,874	($2)	$2,768

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2025 and 2024:


2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$6,986	($62)	$6,924
Amortization of net gain (loss)	(822)	6,140	(216)	5,102


	($822)	$13,126	($278)	$12,026
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(182)	3,622	(2)	3,438

	($182)	$5,894	($2)	$5,710


2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$7,026	($80)	$6,946
Amortization of net gain (loss)	(2,033)	5,230	(160)	3,037

Settlement loss	(316,974)	—	—	(316,974)
	($319,007)	$12,256	($240)	($306,991)
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(208)	3,476	(2)	3,266

	($208)	$5,748	($2)	$5,538

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

See Note 11 to the financial statements in the Form 10-K for further discussion of pension and other postretirement benefits costs.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025. As of June 30, 2025, Entergy had contributed $99.7 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2025 pension contributions	$35,544	$41,253	$8,064	$5,016	$7,725	$15,668
Pension contributions made through June 2025	$16,968	$17,448	$3,951	$2,112	$3,240	$6,413
Remaining estimated pension contributions to be made in 2025	$18,576	$23,805	$4,113	$2,904	$4,485	$9,255

Retirement Benefits [Text Block]

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$23,617	$23,370
Interest cost on projected benefit obligation	59,680	65,961
Expected return on assets	(75,280)	(89,506)

Recognized net loss	13,309	14,854
Settlement charges	—	325,253
Net pension cost	$21,326	$339,932

Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$47,234	$46,746
Interest cost on projected benefit obligation	119,360	136,587
Expected return on assets	(150,560)	(185,486)

Recognized net loss	26,618	29,974
Settlement charges	—	325,253
Net pension cost	$42,652	$353,074

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024, included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,427	$5,454	$1,304	$411	$1,024	$1,372
Interest cost on projected benefit obligation	13,814	14,704	3,699	1,647	2,973	3,585
Expected return on assets	(17,676)	(18,897)	(4,949)	(2,174)	(3,889)	(4,575)

Recognized net loss	4,791	2,268	822	415	454	1,114

Net pension cost	$5,356	$3,529	$876	$299	$562	$1,496



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,100	$5,551	$1,284	$440	$962	$1,383
Interest cost on projected benefit obligation	13,217	13,961	3,521	1,569	2,831	3,386
Expected return on assets	(18,155)	(19,447)	(5,113)	(2,203)	(4,077)	(4,633)

Recognized net loss	5,746	2,602	1,140	470	393	1,162
Settlement charges	—	—	—	—	—	611
Net pension cost	$4,908	$2,667	$832	$276	$109	$1,909

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024, included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,854	$10,908	$2,608	$822	$2,048	$2,744
Interest cost on projected benefit obligation	27,628	29,408	7,398	3,294	5,946	7,170
Expected return on assets	(35,352)	(37,794)	(9,898)	(4,348)	(7,778)	(9,150)

Recognized net loss	9,582	4,536	1,644	830	908	2,228

Net pension cost	$10,712	$7,058	$1,752	$598	$1,124	$2,992


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,199	$11,102	$2,568	$880	$1,923	$2,767
Interest cost on projected benefit obligation	26,434	27,922	7,042	3,138	5,662	6,777
Expected return on assets	(36,310)	(38,894)	(10,226)	(4,407)	(8,154)	(9,281)


Recognized net loss	11,492	5,204	2,280	940	786	2,327
Settlement charges	—	—	—	—	—	611
Net pension cost	$9,815	$5,334	$1,664	$551	$217	$3,201

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the second quarters of 2025 and 2024, respectively. For the second quarters of 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $5 million and $5.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2025 and 2024, respectively. For the six months ended June 30, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for second quarters of 2025 and 2024:



	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$47	$36	$90	$35	$39
2024	$68	$51	$83	$31	$62

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2025 and 2024:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$94	$72	$180	$70	$78
2024	$136	$102	$166	$61	$124

For the second quarters of 2025 and 2024, there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sums benefits out of the plan. For the six months ended June 30, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefits Income

Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$2,757	$3,126
Interest cost on accumulated postretirement benefit obligation (APBO)	9,690	9,852
Expected return on assets	(10,209)	(10,569)

Amortization of prior service credit	(5,720)	(5,720)
Recognized net gain	(3,870)	(2,761)
Net other postretirement benefits income	($7,352)	($6,072)

Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$5,514	$6,252
Interest cost on APBO	19,380	19,704
Expected return on assets	(20,418)	(21,138)

Amortization of prior service credit	(11,440)	(11,440)
Recognized net gain	(7,740)	(5,522)
Net other postretirement benefits income	($14,704)	($12,144)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024 included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$572	$671	$162	$52	$159	$174
Interest cost on APBO	1,775	2,012	489	249	582	394
Expected return on assets	(4,225)	—	(1,328)	(1,445)	(2,452)	(702)

Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	(353)	(1,811)	(57)	(27)	153	(7)
Net other postretirement benefits income	($1,707)	($264)	($973)	($1,400)	($2,651)	($214)



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$642	$700	$184	$51	$168	$175
Interest cost on APBO	1,833	1,999	486	253	603	398
Expected return on assets	(4,384)	—	(1,372)	(1,479)	(2,539)	(728)


Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	—	(1,738)	15	19	148	—
Net other postretirement benefits income	($1,385)	($175)	($926)	($1,385)	($2,713)	($228)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024 included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,144	$1,342	$324	$104	$318	$348
Interest cost on APBO	3,550	4,024	978	498	1,164	788
Expected return on assets	(8,450)	—	(2,656)	(2,890)	(4,904)	(1,404)
Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	(706)	(3,622)	(114)	(54)	306	(14)
Net other postretirement benefits income	($3,414)	($528)	($1,946)	($2,800)	($5,302)	($428)


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,284	$1,400	$368	$102	$336	$350
Interest cost on APBO	3,666	3,998	972	506	1,206	796
Expected return on assets	(8,768)	—	(2,744)	(2,958)	(5,078)	(1,456)


Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	—	(3,476)	30	38	296	—
Net other postretirement benefits income	($2,770)	($350)	($1,852)	($2,770)	($5,426)	($456)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2025 and 2024:



2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,493	($31)	$3,462
Amortization of net gain (loss)	(411)	3,070	(108)	2,551


	($411)	$6,563	($139)	$6,013
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(91)	1,811	(1)	1,719

	($91)	$2,947	($1)	$2,855



2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,513	($40)	$3,473
Amortization of net gain (loss)	(894)	2,615	(80)	1,641

Settlement loss	(316,974)	—	—	(316,974)
	($317,868)	$6,128	($120)	($311,860)
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(104)	1,738	(2)	1,632

	($104)	$2,874	($2)	$2,768

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2025 and 2024:


2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$6,986	($62)	$6,924
Amortization of net gain (loss)	(822)	6,140	(216)	5,102


	($822)	$13,126	($278)	$12,026
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(182)	3,622	(2)	3,438

	($182)	$5,894	($2)	$5,710


2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$7,026	($80)	$6,946
Amortization of net gain (loss)	(2,033)	5,230	(160)	3,037

Settlement loss	(316,974)	—	—	(316,974)
	($319,007)	$12,256	($240)	($306,991)
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(208)	3,476	(2)	3,266

	($208)	$5,748	($2)	$5,538

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

See Note 11 to the financial statements in the Form 10-K for further discussion of pension and other postretirement benefits costs.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025. As of June 30, 2025, Entergy had contributed $99.7 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2025 pension contributions	$35,544	$41,253	$8,064	$5,016	$7,725	$15,668
Pension contributions made through June 2025	$16,968	$17,448	$3,951	$2,112	$3,240	$6,413
Remaining estimated pension contributions to be made in 2025	$18,576	$23,805	$4,113	$2,904	$4,485	$9,255

Retirement Benefits [Text Block]

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost

Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$23,617	$23,370
Interest cost on projected benefit obligation	59,680	65,961
Expected return on assets	(75,280)	(89,506)

Recognized net loss	13,309	14,854
Settlement charges	—	325,253
Net pension cost	$21,326	$339,932

Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$47,234	$46,746
Interest cost on projected benefit obligation	119,360	136,587
Expected return on assets	(150,560)	(185,486)

Recognized net loss	26,618	29,974
Settlement charges	—	325,253
Net pension cost	$42,652	$353,074

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024, included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,427	$5,454	$1,304	$411	$1,024	$1,372
Interest cost on projected benefit obligation	13,814	14,704	3,699	1,647	2,973	3,585
Expected return on assets	(17,676)	(18,897)	(4,949)	(2,174)	(3,889)	(4,575)

Recognized net loss	4,791	2,268	822	415	454	1,114

Net pension cost	$5,356	$3,529	$876	$299	$562	$1,496



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$4,100	$5,551	$1,284	$440	$962	$1,383
Interest cost on projected benefit obligation	13,217	13,961	3,521	1,569	2,831	3,386
Expected return on assets	(18,155)	(19,447)	(5,113)	(2,203)	(4,077)	(4,633)

Recognized net loss	5,746	2,602	1,140	470	393	1,162
Settlement charges	—	—	—	—	—	611
Net pension cost	$4,908	$2,667	$832	$276	$109	$1,909

The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024, included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,854	$10,908	$2,608	$822	$2,048	$2,744
Interest cost on projected benefit obligation	27,628	29,408	7,398	3,294	5,946	7,170
Expected return on assets	(35,352)	(37,794)	(9,898)	(4,348)	(7,778)	(9,150)

Recognized net loss	9,582	4,536	1,644	830	908	2,228

Net pension cost	$10,712	$7,058	$1,752	$598	$1,124	$2,992


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$8,199	$11,102	$2,568	$880	$1,923	$2,767
Interest cost on projected benefit obligation	26,434	27,922	7,042	3,138	5,662	6,777
Expected return on assets	(36,310)	(38,894)	(10,226)	(4,407)	(8,154)	(9,281)


Recognized net loss	11,492	5,204	2,280	940	786	2,327
Settlement charges	—	—	—	—	—	611
Net pension cost	$9,815	$5,334	$1,664	$551	$217	$3,201

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the second quarters of 2025 and 2024, respectively. For the second quarters of 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $5 million and $5.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2025 and 2024, respectively. For the six months ended June 30, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for second quarters of 2025 and 2024:



	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$47	$36	$90	$35	$39
2024	$68	$51	$83	$31	$62

The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2025 and 2024:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2025	$94	$72	$180	$70	$78
2024	$136	$102	$166	$61	$124

For the second quarters of 2025 and 2024, there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sums benefits out of the plan. For the six months ended June 30, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefits Income

Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2025 and 2024, included the following components:



	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$2,757	$3,126
Interest cost on accumulated postretirement benefit obligation (APBO)	9,690	9,852
Expected return on assets	(10,209)	(10,569)

Amortization of prior service credit	(5,720)	(5,720)
Recognized net gain	(3,870)	(2,761)
Net other postretirement benefits income	($7,352)	($6,072)

Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2025 and 2024, included the following components:


	2025	2024
	(In Thousands)
Service cost - benefits earned during the period	$5,514	$6,252
Interest cost on APBO	19,380	19,704
Expected return on assets	(20,418)	(21,138)

Amortization of prior service credit	(11,440)	(11,440)
Recognized net gain	(7,740)	(5,522)
Net other postretirement benefits income	($14,704)	($12,144)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the second quarters of 2025 and 2024 included the following components:



2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$572	$671	$162	$52	$159	$174
Interest cost on APBO	1,775	2,012	489	249	582	394
Expected return on assets	(4,225)	—	(1,328)	(1,445)	(2,452)	(702)

Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	(353)	(1,811)	(57)	(27)	153	(7)
Net other postretirement benefits income	($1,707)	($264)	($973)	($1,400)	($2,651)	($214)



2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$642	$700	$184	$51	$168	$175
Interest cost on APBO	1,833	1,999	486	253	603	398
Expected return on assets	(4,384)	—	(1,372)	(1,479)	(2,539)	(728)


Amortization of prior service cost (credit)	524	(1,136)	(239)	(229)	(1,093)	(73)
Recognized net (gain) loss	—	(1,738)	15	19	148	—
Net other postretirement benefits income	($1,385)	($175)	($926)	($1,385)	($2,713)	($228)

The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the six months ended June 30, 2025 and 2024 included the following components:


2025	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,144	$1,342	$324	$104	$318	$348
Interest cost on APBO	3,550	4,024	978	498	1,164	788
Expected return on assets	(8,450)	—	(2,656)	(2,890)	(4,904)	(1,404)
Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	(706)	(3,622)	(114)	(54)	306	(14)
Net other postretirement benefits income	($3,414)	($528)	($1,946)	($2,800)	($5,302)	($428)


2024	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,284	$1,400	$368	$102	$336	$350
Interest cost on APBO	3,666	3,998	972	506	1,206	796
Expected return on assets	(8,768)	—	(2,744)	(2,958)	(5,078)	(1,456)


Amortization of prior service cost (credit)	1,048	(2,272)	(478)	(458)	(2,186)	(146)
Recognized net (gain) loss	—	(3,476)	30	38	296	—
Net other postretirement benefits income	($2,770)	($350)	($1,852)	($2,770)	($5,426)	($456)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2025 and 2024:



2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,493	($31)	$3,462
Amortization of net gain (loss)	(411)	3,070	(108)	2,551


	($411)	$6,563	($139)	$6,013
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(91)	1,811	(1)	1,719

	($91)	$2,947	($1)	$2,855



2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$3,513	($40)	$3,473
Amortization of net gain (loss)	(894)	2,615	(80)	1,641

Settlement loss	(316,974)	—	—	(316,974)
	($317,868)	$6,128	($120)	($311,860)
Entergy Louisiana
Amortization of prior service credit	$—	$1,136	$—	$1,136
Amortization of net gain (loss)	(104)	1,738	(2)	1,632

	($104)	$2,874	($2)	$2,768

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2025 and 2024:


2025	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$6,986	($62)	$6,924
Amortization of net gain (loss)	(822)	6,140	(216)	5,102


	($822)	$13,126	($278)	$12,026
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(182)	3,622	(2)	3,438

	($182)	$5,894	($2)	$5,710


2024	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service credit (cost)	$—	$7,026	($80)	$6,946
Amortization of net gain (loss)	(2,033)	5,230	(160)	3,037

Settlement loss	(316,974)	—	—	(316,974)
	($319,007)	$12,256	($240)	($306,991)
Entergy Louisiana
Amortization of prior service credit	$—	$2,272	$—	$2,272
Amortization of net gain (loss)	(208)	3,476	(2)	3,266

	($208)	$5,748	($2)	$5,538

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

See Note 11 to the financial statements in the Form 10-K for further discussion of pension and other postretirement benefits costs.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025. As of June 30, 2025, Entergy had contributed $99.7 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:


	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2025 pension contributions	$35,544	$41,253	$8,064	$5,016	$7,725	$15,668
Pension contributions made through June 2025	$16,968	$17,448	$3,951	$2,112	$3,240	$6,413
Remaining estimated pension contributions to be made in 2025	$18,576	$23,805	$4,113	$2,904	$4,485	$9,255