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Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
OPERATING REVENUES        
Electric $ 2,373,842 $ 2,177,210 $ 4,600,306 $ 4,126,490
Natural gas 35,469 33,881 113,689 87,202
Competitive businesses 587,339 527,117 1,491,498 1,133,390
TOTAL 2,996,650 2,738,208 6,205,493 5,347,082
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 604,081 489,608 1,147,910 999,940
Purchased power 517,898 485,744 1,092,525 858,873
Nuclear refueling outage expenses 66,497 66,464 126,041 127,183
Other operation and maintenance 816,609 844,195 1,554,590 1,598,453
Decommissioning 67,250 59,389 133,049 118,494
Taxes other than income taxes 152,736 144,888 307,204 295,983
Depreciation and amortization 331,742 297,516 660,465 598,392
Other regulatory charges (credits) - net (14,640) 3,892 (10,645) 9,207
TOTAL 2,542,173 2,391,696 5,011,139 4,606,525
OPERATING INCOME 454,477 346,512 1,194,354 740,557
OTHER INCOME        
Allowance for equity funds used during construction 14,788 16,249 29,917 29,000
Interest and investment income 24,245 40,541 59,493 78,847
Miscellaneous - net (14,675) (13,157) (26,379) (26,779)
TOTAL 24,358 43,633 63,031 81,068
INTEREST EXPENSE        
Interest expense 164,327 155,768 326,877 308,918
Allowance for borrowed funds used during construction (8,516) (6,791) (15,535) (11,979)
TOTAL 155,811 148,977 311,342 296,939
INCOME BEFORE INCOME TAXES 323,024 241,168 946,043 524,686
Income taxes 128,743 73,113 345,709 189,648
CONSOLIDATED NET INCOME 194,281 168,055 600,334 335,038 [1]
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 4,898 4,332 9,777 9,915
EARNINGS APPLICABLE TO COMMON STOCK 189,383 163,723 590,557 325,123
Earnings per average common share:        
Basic (in dollars per share) $ 1.06 $ 0.92 $ 3.30 $ 1.83
Diluted (in dollars per share) $ 1.05 $ 0.92 $ 3.29 $ 1.82
Dividends declared per common share (in dollars per share) $ 0.83 $ 0.83 $ 1.66 $ 1.66
Basic average number of common shares outstanding (in shares) 179,354,103 178,196,525 179,077,503 178,112,709
Diluted average number of common shares outstanding (in shares) 180,045,432 178,614,383 179,547,020 178,534,201
Entergy Arkansas [Member]
       
OPERATING REVENUES        
Electric 511,522 508,653 1,026,503 1,051,045
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 16,922 60,077 109,075 207,850
Purchased power 173,623 131,593 292,471 237,907
Nuclear refueling outage expenses 9,499 8,088 18,176 19,628
Other operation and maintenance 158,711 148,888 297,256 290,508
Decommissioning 11,729 10,680 22,915 21,197
Taxes other than income taxes 21,526 21,518 43,434 44,770
Depreciation and amortization 59,108 55,340 116,829 113,976
Other regulatory charges (credits) - net (8,566) (8,473) (8,983) (9,047)
TOTAL 442,552 427,711 891,173 926,789
OPERATING INCOME 68,970 80,942 135,330 124,256
OTHER INCOME        
Allowance for equity funds used during construction 1,660 2,724 3,413 4,950
Interest and investment income 3,596 11,111 7,613 16,886
Miscellaneous - net (366) (779) (730) (1,944)
TOTAL 4,890 13,056 10,296 19,892
INTEREST EXPENSE        
Interest expense 23,688 23,458 46,521 46,037
Allowance for borrowed funds used during construction (1,148) (953) (1,786) (1,729)
TOTAL 22,540 22,505 44,735 44,308
INCOME BEFORE INCOME TAXES 51,320 71,493 100,891 99,840
Income taxes 22,315 31,010 43,516 44,638
CONSOLIDATED NET INCOME 29,005 40,483 57,375 55,202
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 1,718 1,718 3,437 3,437
EARNINGS APPLICABLE TO COMMON STOCK 27,287 38,765 53,938 51,765
Entergy Gulf States Louisiana [Member]
       
OPERATING REVENUES        
Electric 540,606 479,895 1,022,028 879,032
Natural gas 13,428 12,466 45,301 33,284
TOTAL 554,034 492,361 1,067,329 912,316
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 88,471 60,500 147,676 108,338
Purchased power 233,207 203,999 452,915 366,076
Nuclear refueling outage expenses 5,332 5,210 10,605 9,536
Other operation and maintenance 95,579 102,183 182,676 194,905
Decommissioning 4,181 3,948 8,302 7,840
Taxes other than income taxes 20,737 20,145 41,746 39,383
Depreciation and amortization 38,732 37,927 76,974 75,299
Other regulatory charges (credits) - net (2,555) 4,593 (6,491) 5,000
TOTAL 483,684 438,505 914,403 806,377
OPERATING INCOME 70,350 53,856 152,926 105,939
OTHER INCOME        
Allowance for equity funds used during construction 1,695 1,809 3,341 3,459
Interest and investment income 7,436 13,956 17,493 24,811
Miscellaneous - net (3,649) (2,400) (5,367) (5,040)
TOTAL 5,482 13,365 15,467 23,230
INTEREST EXPENSE        
Interest expense 20,292 20,274 40,570 40,473
Allowance for borrowed funds used during construction (1,160) (660) (1,921) (1,351)
TOTAL 19,132 19,614 38,649 39,122
INCOME BEFORE INCOME TAXES 56,700 47,607 129,744 90,047
Income taxes 20,529 17,887 47,101 33,162
CONSOLIDATED NET INCOME 36,171 29,720 82,643 56,885
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 209 206 415 412
EARNINGS APPLICABLE TO COMMON STOCK 35,962 29,514 82,228 56,473
Entergy Louisiana [Member]
       
OPERATING REVENUES        
Electric 736,408 635,805 1,359,902 1,241,890
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 168,820 93,152 259,607 211,859
Purchased power 258,624 236,413 507,743 465,422
Nuclear refueling outage expenses 7,763 9,079 16,641 15,931
Other operation and maintenance 119,648 127,225 228,770 232,352
Decommissioning 6,123 5,368 12,169 10,669
Taxes other than income taxes 19,745 18,987 39,490 37,787
Depreciation and amortization 63,146 60,907 125,521 120,745
Other regulatory charges (credits) - net (7,637) (4,017) (15,272) (6,294)
TOTAL 636,232 547,114 1,174,669 1,088,471
OPERATING INCOME 100,176 88,691 185,233 153,419
OTHER INCOME        
Allowance for equity funds used during construction 9,216 7,097 18,093 12,839
Interest and investment income 21,086 21,126 42,264 42,915
Miscellaneous - net 1,311 (793) 1,142 (1,653)
TOTAL 31,613 27,430 61,499 54,101
INTEREST EXPENSE        
Interest expense 40,686 36,904 81,375 73,333
Allowance for borrowed funds used during construction (5,053) (3,036) (9,516) (5,484)
TOTAL 35,633 33,868 71,859 67,849
INCOME BEFORE INCOME TAXES 96,156 82,253 174,873 139,671
Income taxes 26,489 20,876 46,828 32,918
CONSOLIDATED NET INCOME 69,667 61,377 128,045 106,753
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 1,757 1,738 3,494 3,475
EARNINGS APPLICABLE TO COMMON STOCK 67,910 59,639 124,551 103,278
Entergy Mississippi [Member]
       
OPERATING REVENUES        
Electric 370,638 326,039 718,834 617,680
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 76,513 71,188 133,828 144,749
Purchased power 119,736 93,162 247,788 178,074
Other operation and maintenance 69,342 69,609 124,700 127,559
Taxes other than income taxes 21,733 20,227 44,000 40,114
Depreciation and amortization 28,394 26,900 56,505 53,551
Other regulatory charges (credits) - net (4,143) (1,856) (4,182) (10,299)
TOTAL 311,575 279,230 602,639 533,748
OPERATING INCOME 59,063 46,809 116,195 83,932
OTHER INCOME        
Allowance for equity funds used during construction 414 713 849 1,446
Interest and investment income 326 187 664 326
Miscellaneous - net (1,414) (976) (2,253) (1,834)
TOTAL (674) (76) (740) (62)
INTEREST EXPENSE        
Interest expense 14,396 14,875 28,824 30,168
Allowance for borrowed funds used during construction (214) (471) (442) (926)
TOTAL 14,182 14,404 28,382 29,242
INCOME BEFORE INCOME TAXES 44,207 32,329 87,073 54,628
Income taxes 17,643 13,375 34,670 21,740
CONSOLIDATED NET INCOME 26,564 18,954 52,403 32,888
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 707 707 1,414 1,414
EARNINGS APPLICABLE TO COMMON STOCK 25,857 18,247 50,989 31,474
Entergy New Orleans [Member]
       
OPERATING REVENUES        
Electric 147,941 121,426 288,168 235,389
Natural gas 22,048 21,415 68,388 53,918
TOTAL 169,989 142,841 356,556 289,307
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 43,704 12,586 94,866 41,449
Purchased power 63,758 68,164 132,903 128,323
Other operation and maintenance 28,240 37,134 56,371 68,367
Taxes other than income taxes 11,479 11,522 24,614 23,768
Depreciation and amortization 9,741 9,559 19,206 19,002
Other regulatory charges (credits) - net 205 249 453 499
TOTAL 157,127 139,214 328,413 281,408
OPERATING INCOME 12,862 3,627 28,143 7,899
OTHER INCOME        
Allowance for equity funds used during construction 205 263 560 433
Interest and investment income 21 23 38 44
Miscellaneous - net (237) (328) (584) (644)
TOTAL (11) (42) 14 (167)
INTEREST EXPENSE        
Interest expense 3,303 3,448 6,665 6,651
Allowance for borrowed funds used during construction (101) (135) (274) (221)
TOTAL 3,202 3,313 6,391 6,430
INCOME BEFORE INCOME TAXES 9,649 272 21,766 1,302
Income taxes 3,275 (326) 7,098 (603)
CONSOLIDATED NET INCOME 6,374 598 14,668 1,905
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders 241 241 482 482
EARNINGS APPLICABLE TO COMMON STOCK 6,133 357 14,186 1,423
Entergy Texas [Member]
       
OPERATING REVENUES        
Electric 482,932 455,100 923,188 761,273
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 89,258 60,044 140,226 33,944
Purchased power 223,213 234,228 458,039 426,947
Other operation and maintenance 58,979 67,177 110,189 123,667
Taxes other than income taxes 17,260 15,051 33,758 29,701
Depreciation and amortization 24,842 23,712 49,357 47,072
Other regulatory charges (credits) - net 16,222 16,533 35,405 35,310
TOTAL 429,774 416,745 826,974 696,641
OPERATING INCOME 53,158 38,355 96,214 64,632
OTHER INCOME        
Allowance for equity funds used during construction 611 1,910 1,456 2,669
Interest and investment income 172 339 475 686
Miscellaneous - net (876) (485) (1,340) (1,343)
TOTAL (93) 1,764 591 2,012
INTEREST EXPENSE        
Interest expense 22,948 23,151 45,609 46,332
Allowance for borrowed funds used during construction (426) (1,331) (1,015) (1,886)
TOTAL 22,522 21,820 44,594 44,446
INCOME BEFORE INCOME TAXES 30,543 18,299 52,211 22,198
Income taxes 11,958 7,346 20,461 10,323
CONSOLIDATED NET INCOME 18,585 10,953 31,750 11,875
System Energy [Member]
       
OPERATING REVENUES        
Electric 163,830 172,177 321,497 340,755
Operating and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 23,111 28,586 37,259 50,103
Nuclear refueling outage expenses 5,511 7,358 11,693 14,715
Other operation and maintenance 34,122 40,437 68,800 80,378
Decommissioning 10,368 8,787 20,560 17,418
Taxes other than income taxes 6,352 6,484 12,874 12,973
Depreciation and amortization 35,985 32,030 73,311 67,446
Other regulatory charges (credits) - net (8,166) (3,137) (11,576) (5,962)
TOTAL 107,283 120,545 212,921 237,071
OPERATING INCOME 56,547 51,632 108,576 103,684
OTHER INCOME        
Allowance for equity funds used during construction 986 1,732 2,204 3,203
Interest and investment income 1,388 2,514 5,803 5,191
Miscellaneous - net (96) (191) (201) (359)
TOTAL 2,278 4,055 7,806 8,035
INTEREST EXPENSE        
Interest expense 13,354 9,451 27,601 18,655
Allowance for borrowed funds used during construction (415) (203) (582) (381)
TOTAL 12,939 9,248 27,019 18,274
INCOME BEFORE INCOME TAXES 45,886 46,439 89,363 93,445
Income taxes 19,955 18,705 38,813 37,705
CONSOLIDATED NET INCOME $ 25,931 $ 27,734 $ 50,550 $ 55,740
[1] Consolidated net income and preferred dividend requirements of subsidiaries for 2014 and 2013 include $6.4 million and $6.6 million, respectively, of preferred dividends on subsidiaries’ preferred stock without sinking fund that is not presented within equity.