XML 168 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
Common Equity
12 Months Ended
Dec. 31, 2012
Common Equity

NOTE 7.         COMMON EQUITY (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Common Stock

 

            Common stock and treasury stock shares activity for Entergy for 2012, 2011, and 2010 is as follows:

 

 

2012

 

2011

 

2010

 

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Balance, January 1

 

254,752,788 

 

78,396,988

 

254,752,788 

 

76,006,920 

 

254,752,788 

 

65,634,580 

    Repurchases

 

 

 

 

3,475,000 

 

 

11,490,551 

    Issuances:

 

 

 

 

 

 

 

 

 

 

 

 

    Employee Stock-Based
      Compensation Plans

 

 

 


(1,446,305)

 

 

 


(1,079,008)

 

 

 


(1,113,411)

     Directors' Plan

 

 

(5,444)

 

 

(5,924)

 

 

(4,800)

Ending Balance, December 31

 

254,752,788

 

76,945,239 

 

 254,752,788 

 

 78,396,988 

 

 254,752,788 

 

 76,006,920 

 

Entergy Corporation reissues treasury shares to meet the requirements of the Stock Plan for Outside Directors (Directors' Plan), two Equity Ownership Plans of Entergy Corporation and Subsidiaries, the Equity Awards Plan of Entergy Corporation and Subsidiaries, and certain other stock benefit plans. The Directors' Plan awards to non-employee directors a portion of their compensation in the form of a fixed number of shares of Entergy Corporation common stock.

 

In October 2009 the Board granted authority for a $750 million share repurchase program which was completed in the fourth quarter 2010. In October 2010 the Board granted authority for an additional $500 million share repurchase program. As of December 31, 2012, $350 million of authority remains under the $500 million share repurchase program.

 

Retained Earnings and Dividend Restrictions

 

 

                Provisions within the articles of incorporation or pertinent indentures and various other agreements relating to the long-term debt and preferred stock of certain of Entergy Corporation's subsidiaries could restrict the payment of cash dividends or other distributions on their common and preferred equity.  As of December 31, 2012, under provisions in their mortgage indentures, Entergy Arkansas and Entergy Mississippi had retained earnings unavailable for distribution to Entergy Corporation of $394.9 million and $68.5 million, respectively.  Entergy Corporation received dividend payments from subsidiaries totaling $439 million in 2012, $595 million in 2011, and $580 million in 2010.

 

Comprehensive Income

 

            Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  Accumulated other comprehensive income (loss) in the balance sheets included the following components:

 

 


Entergy

 

Entergy
Gulf States Louisiana

 

Entergy
Louisiana

 

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flow hedges net
 unrealized gain

 


$79,905 

 


$177,497 

 


$-  

 


$-  

 


$-  

 


$-  

Pension and other
 postretirement liabilities

 


(590,712)

 


(499,556)

 


(65,229)

 


(69,610)

 


(46,132)

 


(39,507)

Net unrealized investment
 gains

 


214,547 

 


150,939 

 


-  

 


-  

 


-  

 


-  

Foreign currency translation

 

3,177 

 

2,668 

 

-  

 

-  

 

-  

 

-  

Total

 

($293,083)

 

($168,452)

 

($65,229)

 

($69,610)

 

($46,132)

 

($39,507)

 

Other comprehensive income and total comprehensive income for years ended December 31, 2012, 2011, and 2010 are presented in Entergy's, Entergy Gulf States Louisiana's, and Entergy Louisiana's Statements of Comprehensive Income.

Entergy Arkansas [Member]
 
Common Equity

NOTE 7.         COMMON EQUITY (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Common Stock

 

            Common stock and treasury stock shares activity for Entergy for 2012, 2011, and 2010 is as follows:

 

 

2012

 

2011

 

2010

 

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Balance, January 1

 

254,752,788 

 

78,396,988

 

254,752,788 

 

76,006,920 

 

254,752,788 

 

65,634,580 

    Repurchases

 

 

 

 

3,475,000 

 

 

11,490,551 

    Issuances:

 

 

 

 

 

 

 

 

 

 

 

 

    Employee Stock-Based
      Compensation Plans

 

 

 


(1,446,305)

 

 

 


(1,079,008)

 

 

 


(1,113,411)

     Directors' Plan

 

 

(5,444)

 

 

(5,924)

 

 

(4,800)

Ending Balance, December 31

 

254,752,788

 

76,945,239 

 

 254,752,788 

 

 78,396,988 

 

 254,752,788 

 

 76,006,920 

 

Entergy Corporation reissues treasury shares to meet the requirements of the Stock Plan for Outside Directors (Directors' Plan), two Equity Ownership Plans of Entergy Corporation and Subsidiaries, the Equity Awards Plan of Entergy Corporation and Subsidiaries, and certain other stock benefit plans. The Directors' Plan awards to non-employee directors a portion of their compensation in the form of a fixed number of shares of Entergy Corporation common stock.

 

In October 2009 the Board granted authority for a $750 million share repurchase program which was completed in the fourth quarter 2010. In October 2010 the Board granted authority for an additional $500 million share repurchase program. As of December 31, 2012, $350 million of authority remains under the $500 million share repurchase program.

 

Retained Earnings and Dividend Restrictions

 

 

                Provisions within the articles of incorporation or pertinent indentures and various other agreements relating to the long-term debt and preferred stock of certain of Entergy Corporation's subsidiaries could restrict the payment of cash dividends or other distributions on their common and preferred equity.  As of December 31, 2012, under provisions in their mortgage indentures, Entergy Arkansas and Entergy Mississippi had retained earnings unavailable for distribution to Entergy Corporation of $394.9 million and $68.5 million, respectively.  Entergy Corporation received dividend payments from subsidiaries totaling $439 million in 2012, $595 million in 2011, and $580 million in 2010.

 

Comprehensive Income

 

            Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  Accumulated other comprehensive income (loss) in the balance sheets included the following components:

 

 


Entergy

 

Entergy
Gulf States Louisiana

 

Entergy
Louisiana

 

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flow hedges net
 unrealized gain

 


$79,905 

 


$177,497 

 


$-  

 


$-  

 


$-  

 


$-  

Pension and other
 postretirement liabilities

 


(590,712)

 


(499,556)

 


(65,229)

 


(69,610)

 


(46,132)

 


(39,507)

Net unrealized investment
 gains

 


214,547 

 


150,939 

 


-  

 


-  

 


-  

 


-  

Foreign currency translation

 

3,177 

 

2,668 

 

-  

 

-  

 

-  

 

-  

Total

 

($293,083)

 

($168,452)

 

($65,229)

 

($69,610)

 

($46,132)

 

($39,507)

 

Other comprehensive income and total comprehensive income for years ended December 31, 2012, 2011, and 2010 are presented in Entergy's, Entergy Gulf States Louisiana's, and Entergy Louisiana's Statements of Comprehensive Income.

Entergy Gulf States Louisiana [Member]
 
Common Equity

NOTE 7.         COMMON EQUITY (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Common Stock

 

            Common stock and treasury stock shares activity for Entergy for 2012, 2011, and 2010 is as follows:

 

 

2012

 

2011

 

2010

 

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Balance, January 1

 

254,752,788 

 

78,396,988

 

254,752,788 

 

76,006,920 

 

254,752,788 

 

65,634,580 

    Repurchases

 

 

 

 

3,475,000 

 

 

11,490,551 

    Issuances:

 

 

 

 

 

 

 

 

 

 

 

 

    Employee Stock-Based
      Compensation Plans

 

 

 


(1,446,305)

 

 

 


(1,079,008)

 

 

 


(1,113,411)

     Directors' Plan

 

 

(5,444)

 

 

(5,924)

 

 

(4,800)

Ending Balance, December 31

 

254,752,788

 

76,945,239 

 

 254,752,788 

 

 78,396,988 

 

 254,752,788 

 

 76,006,920 

 

Entergy Corporation reissues treasury shares to meet the requirements of the Stock Plan for Outside Directors (Directors' Plan), two Equity Ownership Plans of Entergy Corporation and Subsidiaries, the Equity Awards Plan of Entergy Corporation and Subsidiaries, and certain other stock benefit plans. The Directors' Plan awards to non-employee directors a portion of their compensation in the form of a fixed number of shares of Entergy Corporation common stock.

 

In October 2009 the Board granted authority for a $750 million share repurchase program which was completed in the fourth quarter 2010. In October 2010 the Board granted authority for an additional $500 million share repurchase program. As of December 31, 2012, $350 million of authority remains under the $500 million share repurchase program.

 

Retained Earnings and Dividend Restrictions

 

 

                Provisions within the articles of incorporation or pertinent indentures and various other agreements relating to the long-term debt and preferred stock of certain of Entergy Corporation's subsidiaries could restrict the payment of cash dividends or other distributions on their common and preferred equity.  As of December 31, 2012, under provisions in their mortgage indentures, Entergy Arkansas and Entergy Mississippi had retained earnings unavailable for distribution to Entergy Corporation of $394.9 million and $68.5 million, respectively.  Entergy Corporation received dividend payments from subsidiaries totaling $439 million in 2012, $595 million in 2011, and $580 million in 2010.

 

Comprehensive Income

 

            Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  Accumulated other comprehensive income (loss) in the balance sheets included the following components:

 

 


Entergy

 

Entergy
Gulf States Louisiana

 

Entergy
Louisiana

 

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flow hedges net
 unrealized gain

 


$79,905 

 


$177,497 

 


$-  

 


$-  

 


$-  

 


$-  

Pension and other
 postretirement liabilities

 


(590,712)

 


(499,556)

 


(65,229)

 


(69,610)

 


(46,132)

 


(39,507)

Net unrealized investment
 gains

 


214,547 

 


150,939 

 


-  

 


-  

 


-  

 


-  

Foreign currency translation

 

3,177 

 

2,668 

 

-  

 

-  

 

-  

 

-  

Total

 

($293,083)

 

($168,452)

 

($65,229)

 

($69,610)

 

($46,132)

 

($39,507)

 

Other comprehensive income and total comprehensive income for years ended December 31, 2012, 2011, and 2010 are presented in Entergy's, Entergy Gulf States Louisiana's, and Entergy Louisiana's Statements of Comprehensive Income.

Entergy Louisiana [Member]
 
Common Equity

NOTE 7.         COMMON EQUITY (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Common Stock

 

            Common stock and treasury stock shares activity for Entergy for 2012, 2011, and 2010 is as follows:

 

 

2012

 

2011

 

2010

 

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Balance, January 1

 

254,752,788 

 

78,396,988

 

254,752,788 

 

76,006,920 

 

254,752,788 

 

65,634,580 

    Repurchases

 

 

 

 

3,475,000 

 

 

11,490,551 

    Issuances:

 

 

 

 

 

 

 

 

 

 

 

 

    Employee Stock-Based
      Compensation Plans

 

 

 


(1,446,305)

 

 

 


(1,079,008)

 

 

 


(1,113,411)

     Directors' Plan

 

 

(5,444)

 

 

(5,924)

 

 

(4,800)

Ending Balance, December 31

 

254,752,788

 

76,945,239 

 

 254,752,788 

 

 78,396,988 

 

 254,752,788 

 

 76,006,920 

 

Entergy Corporation reissues treasury shares to meet the requirements of the Stock Plan for Outside Directors (Directors' Plan), two Equity Ownership Plans of Entergy Corporation and Subsidiaries, the Equity Awards Plan of Entergy Corporation and Subsidiaries, and certain other stock benefit plans. The Directors' Plan awards to non-employee directors a portion of their compensation in the form of a fixed number of shares of Entergy Corporation common stock.

 

In October 2009 the Board granted authority for a $750 million share repurchase program which was completed in the fourth quarter 2010. In October 2010 the Board granted authority for an additional $500 million share repurchase program. As of December 31, 2012, $350 million of authority remains under the $500 million share repurchase program.

 

Retained Earnings and Dividend Restrictions

 

 

                Provisions within the articles of incorporation or pertinent indentures and various other agreements relating to the long-term debt and preferred stock of certain of Entergy Corporation's subsidiaries could restrict the payment of cash dividends or other distributions on their common and preferred equity.  As of December 31, 2012, under provisions in their mortgage indentures, Entergy Arkansas and Entergy Mississippi had retained earnings unavailable for distribution to Entergy Corporation of $394.9 million and $68.5 million, respectively.  Entergy Corporation received dividend payments from subsidiaries totaling $439 million in 2012, $595 million in 2011, and $580 million in 2010.

 

Comprehensive Income

 

            Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  Accumulated other comprehensive income (loss) in the balance sheets included the following components:

 

 


Entergy

 

Entergy
Gulf States Louisiana

 

Entergy
Louisiana

 

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flow hedges net
 unrealized gain

 


$79,905 

 


$177,497 

 


$-  

 


$-  

 


$-  

 


$-  

Pension and other
 postretirement liabilities

 


(590,712)

 


(499,556)

 


(65,229)

 


(69,610)

 


(46,132)

 


(39,507)

Net unrealized investment
 gains

 


214,547 

 


150,939 

 


-  

 


-  

 


-  

 


-  

Foreign currency translation

 

3,177 

 

2,668 

 

-  

 

-  

 

-  

 

-  

Total

 

($293,083)

 

($168,452)

 

($65,229)

 

($69,610)

 

($46,132)

 

($39,507)

 

Other comprehensive income and total comprehensive income for years ended December 31, 2012, 2011, and 2010 are presented in Entergy's, Entergy Gulf States Louisiana's, and Entergy Louisiana's Statements of Comprehensive Income.

Entergy Mississippi [Member]
 
Common Equity

NOTE 7.         COMMON EQUITY (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Common Stock

 

            Common stock and treasury stock shares activity for Entergy for 2012, 2011, and 2010 is as follows:

 

 

2012

 

2011

 

2010

 

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Balance, January 1

 

254,752,788 

 

78,396,988

 

254,752,788 

 

76,006,920 

 

254,752,788 

 

65,634,580 

    Repurchases

 

 

 

 

3,475,000 

 

 

11,490,551 

    Issuances:

 

 

 

 

 

 

 

 

 

 

 

 

    Employee Stock-Based
      Compensation Plans

 

 

 


(1,446,305)

 

 

 


(1,079,008)

 

 

 


(1,113,411)

     Directors' Plan

 

 

(5,444)

 

 

(5,924)

 

 

(4,800)

Ending Balance, December 31

 

254,752,788

 

76,945,239 

 

 254,752,788 

 

 78,396,988 

 

 254,752,788 

 

 76,006,920 

 

Entergy Corporation reissues treasury shares to meet the requirements of the Stock Plan for Outside Directors (Directors' Plan), two Equity Ownership Plans of Entergy Corporation and Subsidiaries, the Equity Awards Plan of Entergy Corporation and Subsidiaries, and certain other stock benefit plans. The Directors' Plan awards to non-employee directors a portion of their compensation in the form of a fixed number of shares of Entergy Corporation common stock.

 

In October 2009 the Board granted authority for a $750 million share repurchase program which was completed in the fourth quarter 2010. In October 2010 the Board granted authority for an additional $500 million share repurchase program. As of December 31, 2012, $350 million of authority remains under the $500 million share repurchase program.

 

Retained Earnings and Dividend Restrictions

 

 

                Provisions within the articles of incorporation or pertinent indentures and various other agreements relating to the long-term debt and preferred stock of certain of Entergy Corporation's subsidiaries could restrict the payment of cash dividends or other distributions on their common and preferred equity.  As of December 31, 2012, under provisions in their mortgage indentures, Entergy Arkansas and Entergy Mississippi had retained earnings unavailable for distribution to Entergy Corporation of $394.9 million and $68.5 million, respectively.  Entergy Corporation received dividend payments from subsidiaries totaling $439 million in 2012, $595 million in 2011, and $580 million in 2010.

 

Comprehensive Income

 

            Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  Accumulated other comprehensive income (loss) in the balance sheets included the following components:

 

 


Entergy

 

Entergy
Gulf States Louisiana

 

Entergy
Louisiana

 

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flow hedges net
 unrealized gain

 


$79,905 

 


$177,497 

 


$-  

 


$-  

 


$-  

 


$-  

Pension and other
 postretirement liabilities

 


(590,712)

 


(499,556)

 


(65,229)

 


(69,610)

 


(46,132)

 


(39,507)

Net unrealized investment
 gains

 


214,547 

 


150,939 

 


-  

 


-  

 


-  

 


-  

Foreign currency translation

 

3,177 

 

2,668 

 

-  

 

-  

 

-  

 

-  

Total

 

($293,083)

 

($168,452)

 

($65,229)

 

($69,610)

 

($46,132)

 

($39,507)

 

Other comprehensive income and total comprehensive income for years ended December 31, 2012, 2011, and 2010 are presented in Entergy's, Entergy Gulf States Louisiana's, and Entergy Louisiana's Statements of Comprehensive Income.

Entergy New Orleans [Member]
 
Common Equity

NOTE 7.         COMMON EQUITY (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Common Stock

 

            Common stock and treasury stock shares activity for Entergy for 2012, 2011, and 2010 is as follows:

 

 

2012

 

2011

 

2010

 

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Balance, January 1

 

254,752,788 

 

78,396,988

 

254,752,788 

 

76,006,920 

 

254,752,788 

 

65,634,580 

    Repurchases

 

 

 

 

3,475,000 

 

 

11,490,551 

    Issuances:

 

 

 

 

 

 

 

 

 

 

 

 

    Employee Stock-Based
      Compensation Plans

 

 

 


(1,446,305)

 

 

 


(1,079,008)

 

 

 


(1,113,411)

     Directors' Plan

 

 

(5,444)

 

 

(5,924)

 

 

(4,800)

Ending Balance, December 31

 

254,752,788

 

76,945,239 

 

 254,752,788 

 

 78,396,988 

 

 254,752,788 

 

 76,006,920 

 

Entergy Corporation reissues treasury shares to meet the requirements of the Stock Plan for Outside Directors (Directors' Plan), two Equity Ownership Plans of Entergy Corporation and Subsidiaries, the Equity Awards Plan of Entergy Corporation and Subsidiaries, and certain other stock benefit plans. The Directors' Plan awards to non-employee directors a portion of their compensation in the form of a fixed number of shares of Entergy Corporation common stock.

 

In October 2009 the Board granted authority for a $750 million share repurchase program which was completed in the fourth quarter 2010. In October 2010 the Board granted authority for an additional $500 million share repurchase program. As of December 31, 2012, $350 million of authority remains under the $500 million share repurchase program.

 

Retained Earnings and Dividend Restrictions

 

 

                Provisions within the articles of incorporation or pertinent indentures and various other agreements relating to the long-term debt and preferred stock of certain of Entergy Corporation's subsidiaries could restrict the payment of cash dividends or other distributions on their common and preferred equity.  As of December 31, 2012, under provisions in their mortgage indentures, Entergy Arkansas and Entergy Mississippi had retained earnings unavailable for distribution to Entergy Corporation of $394.9 million and $68.5 million, respectively.  Entergy Corporation received dividend payments from subsidiaries totaling $439 million in 2012, $595 million in 2011, and $580 million in 2010.

 

Comprehensive Income

 

            Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  Accumulated other comprehensive income (loss) in the balance sheets included the following components:

 

 


Entergy

 

Entergy
Gulf States Louisiana

 

Entergy
Louisiana

 

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flow hedges net
 unrealized gain

 


$79,905 

 


$177,497 

 


$-  

 


$-  

 


$-  

 


$-  

Pension and other
 postretirement liabilities

 


(590,712)

 


(499,556)

 


(65,229)

 


(69,610)

 


(46,132)

 


(39,507)

Net unrealized investment
 gains

 


214,547 

 


150,939 

 


-  

 


-  

 


-  

 


-  

Foreign currency translation

 

3,177 

 

2,668 

 

-  

 

-  

 

-  

 

-  

Total

 

($293,083)

 

($168,452)

 

($65,229)

 

($69,610)

 

($46,132)

 

($39,507)

 

Other comprehensive income and total comprehensive income for years ended December 31, 2012, 2011, and 2010 are presented in Entergy's, Entergy Gulf States Louisiana's, and Entergy Louisiana's Statements of Comprehensive Income.

Entergy Texas [Member]
 
Common Equity

NOTE 7.         COMMON EQUITY (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Common Stock

 

            Common stock and treasury stock shares activity for Entergy for 2012, 2011, and 2010 is as follows:

 

 

2012

 

2011

 

2010

 

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Balance, January 1

 

254,752,788 

 

78,396,988

 

254,752,788 

 

76,006,920 

 

254,752,788 

 

65,634,580 

    Repurchases

 

 

 

 

3,475,000 

 

 

11,490,551 

    Issuances:

 

 

 

 

 

 

 

 

 

 

 

 

    Employee Stock-Based
      Compensation Plans

 

 

 


(1,446,305)

 

 

 


(1,079,008)

 

 

 


(1,113,411)

     Directors' Plan

 

 

(5,444)

 

 

(5,924)

 

 

(4,800)

Ending Balance, December 31

 

254,752,788

 

76,945,239 

 

 254,752,788 

 

 78,396,988 

 

 254,752,788 

 

 76,006,920 

 

Entergy Corporation reissues treasury shares to meet the requirements of the Stock Plan for Outside Directors (Directors' Plan), two Equity Ownership Plans of Entergy Corporation and Subsidiaries, the Equity Awards Plan of Entergy Corporation and Subsidiaries, and certain other stock benefit plans. The Directors' Plan awards to non-employee directors a portion of their compensation in the form of a fixed number of shares of Entergy Corporation common stock.

 

In October 2009 the Board granted authority for a $750 million share repurchase program which was completed in the fourth quarter 2010. In October 2010 the Board granted authority for an additional $500 million share repurchase program. As of December 31, 2012, $350 million of authority remains under the $500 million share repurchase program.

 

Retained Earnings and Dividend Restrictions

 

 

                Provisions within the articles of incorporation or pertinent indentures and various other agreements relating to the long-term debt and preferred stock of certain of Entergy Corporation's subsidiaries could restrict the payment of cash dividends or other distributions on their common and preferred equity.  As of December 31, 2012, under provisions in their mortgage indentures, Entergy Arkansas and Entergy Mississippi had retained earnings unavailable for distribution to Entergy Corporation of $394.9 million and $68.5 million, respectively.  Entergy Corporation received dividend payments from subsidiaries totaling $439 million in 2012, $595 million in 2011, and $580 million in 2010.

 

Comprehensive Income

 

            Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  Accumulated other comprehensive income (loss) in the balance sheets included the following components:

 

 


Entergy

 

Entergy
Gulf States Louisiana

 

Entergy
Louisiana

 

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flow hedges net
 unrealized gain

 


$79,905 

 


$177,497 

 


$-  

 


$-  

 


$-  

 


$-  

Pension and other
 postretirement liabilities

 


(590,712)

 


(499,556)

 


(65,229)

 


(69,610)

 


(46,132)

 


(39,507)

Net unrealized investment
 gains

 


214,547 

 


150,939 

 


-  

 


-  

 


-  

 


-  

Foreign currency translation

 

3,177 

 

2,668 

 

-  

 

-  

 

-  

 

-  

Total

 

($293,083)

 

($168,452)

 

($65,229)

 

($69,610)

 

($46,132)

 

($39,507)

 

Other comprehensive income and total comprehensive income for years ended December 31, 2012, 2011, and 2010 are presented in Entergy's, Entergy Gulf States Louisiana's, and Entergy Louisiana's Statements of Comprehensive Income.

System Energy [Member]
 
Common Equity

NOTE 7.         COMMON EQUITY (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

 

Common Stock

 

            Common stock and treasury stock shares activity for Entergy for 2012, 2011, and 2010 is as follows:

 

 

2012

 

2011

 

2010

 

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 


Common
Shares
Issued

 



Treasury
Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Balance, January 1

 

254,752,788 

 

78,396,988

 

254,752,788 

 

76,006,920 

 

254,752,788 

 

65,634,580 

    Repurchases

 

 

 

 

3,475,000 

 

 

11,490,551 

    Issuances:

 

 

 

 

 

 

 

 

 

 

 

 

    Employee Stock-Based
      Compensation Plans

 

 

 


(1,446,305)

 

 

 


(1,079,008)

 

 

 


(1,113,411)

     Directors' Plan

 

 

(5,444)

 

 

(5,924)

 

 

(4,800)

Ending Balance, December 31

 

254,752,788

 

76,945,239 

 

 254,752,788 

 

 78,396,988 

 

 254,752,788 

 

 76,006,920 

 

Entergy Corporation reissues treasury shares to meet the requirements of the Stock Plan for Outside Directors (Directors' Plan), two Equity Ownership Plans of Entergy Corporation and Subsidiaries, the Equity Awards Plan of Entergy Corporation and Subsidiaries, and certain other stock benefit plans. The Directors' Plan awards to non-employee directors a portion of their compensation in the form of a fixed number of shares of Entergy Corporation common stock.

 

In October 2009 the Board granted authority for a $750 million share repurchase program which was completed in the fourth quarter 2010. In October 2010 the Board granted authority for an additional $500 million share repurchase program. As of December 31, 2012, $350 million of authority remains under the $500 million share repurchase program.

 

Retained Earnings and Dividend Restrictions

 

 

                Provisions within the articles of incorporation or pertinent indentures and various other agreements relating to the long-term debt and preferred stock of certain of Entergy Corporation's subsidiaries could restrict the payment of cash dividends or other distributions on their common and preferred equity.  As of December 31, 2012, under provisions in their mortgage indentures, Entergy Arkansas and Entergy Mississippi had retained earnings unavailable for distribution to Entergy Corporation of $394.9 million and $68.5 million, respectively.  Entergy Corporation received dividend payments from subsidiaries totaling $439 million in 2012, $595 million in 2011, and $580 million in 2010.

 

Comprehensive Income

 

            Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy, Entergy Gulf States Louisiana, and Entergy Louisiana.  Accumulated other comprehensive income (loss) in the balance sheets included the following components:

 

 


Entergy

 

Entergy
Gulf States Louisiana

 

Entergy
Louisiana

 

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

December 31,
2012

 

December 31,
2011

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flow hedges net
 unrealized gain

 


$79,905 

 


$177,497 

 


$-  

 


$-  

 


$-  

 


$-  

Pension and other
 postretirement liabilities

 


(590,712)

 


(499,556)

 


(65,229)

 


(69,610)

 


(46,132)

 


(39,507)

Net unrealized investment
 gains

 


214,547 

 


150,939 

 


-  

 


-  

 


-  

 


-  

Foreign currency translation

 

3,177 

 

2,668 

 

-  

 

-  

 

-  

 

-  

Total

 

($293,083)

 

($168,452)

 

($65,229)

 

($69,610)

 

($46,132)

 

($39,507)

 

Other comprehensive income and total comprehensive income for years ended December 31, 2012, 2011, and 2010 are presented in Entergy's, Entergy Gulf States Louisiana's, and Entergy Louisiana's Statements of Comprehensive Income.