Equity

6 Months Ended

Jun. 30, 2019

Equity

EQUITY (Entergy Corporation and Entergy Louisiana)

Common Stock

Earnings per Share

The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements:

	For the Three Months Ended June 30,
	2019					2018
	(In Millions, Except Per Share Data)
	Income		Shares	$/share		Income		Shares	$/share
Basic earnings per share
Net income attributable to Entergy Corporation		$236.4	193.0		$1.22		$245.4	180.8		$1.36
Average dilutive effect of:
Stock options			0.5	—				0.3	—
Other equity plans			0.7	—				0.7	(0.01		)
Equity forwards			—	—				1.2	(0.01		)
Diluted earnings per share		$236.4	194.2		$1.22		$245.4	183.0		$1.34

The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 1.1 million for the three months ended June 30, 2018.

	For the Six Months Ended June 30,
	2019						2018
	(In Millions, Except Per Share Data)
	Income		Shares	$/share			Income		Shares	$/share
Basic earnings per share
Net income attributable to Entergy Corporation		$491.0	191.3		$2.57			$378.2	180.8		$2.09
Average dilutive effect of:
Stock options			0.5	(0.01		)			0.3	—
Other equity plans			0.6	(0.01		)			0.5	—
Equity forwards			0.8	(0.01		)			0.6	(0.01		)
Diluted earnings per share		$491.0	193.2		$2.54			$378.2	182.2		$2.08

The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.3 million for the six months ended June 30, 2019 and approximately 1.1 million for the six months ended June 30, 2018.

Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K.

Dividends declared per common share were $0.91 for the three months ended June 30, 2019 and $0.89 for the three months ended June 30, 2018. Dividends declared per common share were $1.82 for the six months ended June 30, 2019 and $1.78 for the six months ended June 30, 2018.

Equity Forward Sale Agreements

As discussed in Note 7 to the financial statements in the Form 10-K, in June 2018, Entergy marketed an equity offering of 15.3 million shares of common stock. In lieu of issuing equity at the time of the offering, Entergy entered into forward sale agreements with various investment banks. In December 2018, Entergy physically settled a portion of its obligations under the forward sale agreements by delivering 6,834,221 shares of common stock in exchange for cash proceeds of approximately $500 million. In May 2019, Entergy physically settled the remaining 8,448,171 shares of common stock in exchange for cash proceeds of approximately $608 million.

Treasury Stock

During the six months ended June 30, 2019, Entergy Corporation issued 1,181,800 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards.  Entergy Corporation did not repurchase any of its common stock during the six months ended June 30, 2019.

Retained Earnings

On July 26, 2019, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.91 per share, payable on September 3, 2019, to holders of record as of August 8, 2019.

Entergy implemented ASU No. 2017-12 “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities” effective January 1, 2019. The ASU makes a number of amendments to hedge accounting, most significantly changing the recognition and presentation of highly effective hedges. Entergy implemented this standard using a modified retrospective method, and recorded an adjustment increasing retained earnings and increasing accumulated other comprehensive loss by approximately $8 million as of January 1, 2019 for the cumulative effect of the ineffectiveness portion of designated hedges on nuclear power sales.

Entergy implemented ASU 2017-08 “Receivables (Topic 310): Nonrefundable Fees and Other Costs” effective January 1, 2019. The ASU amends the amortization period for certain purchased callable debt securities held at a premium to the earliest call date. Entergy implemented this standard using the modified retrospective approach, and recorded an adjustment decreasing retained earnings and decreasing accumulated other comprehensive loss by approximately $1 million as of January 1, 2019 for the cumulative effect of the amended amortization period.

Comprehensive Income

Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2019 by component:

	Cash flow hedges net unrealized gain (loss)			Pension and other postretirement liabilities			Net unrealized investment gain (loss)			Total Accumulated Other Comprehensive Income (Loss)
	(In Thousands)
Beginning balance, April 1, 2019		($43,246	)		($520,372	)		$12,466			($551,152	)
Other comprehensive income (loss) before reclassifications	99,359			—			15,834			115,193
Amounts reclassified from accumulated other comprehensive income (loss)	(4,377		)	11,496			(1,564		)	5,555
Net other comprehensive income (loss) for the period	94,982			11,496			14,270			120,748
Ending balance, June 30, 2019		$51,736			($508,876	)		$26,736			($430,404	)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2018 by component:

	Cash flow hedges net unrealized gain (loss)			Pension and other postretirement liabilities			Net unrealized investment gain (loss)			Total Accumulated Other Comprehensive Income (Loss)
	(In Thousands)
Beginning balance, April 1, 2018		$50,194			($605,491	)		($6,201	)		($561,498	)
Other comprehensive income (loss) before reclassifications	(62,981		)	—			(7,509		)	(70,490		)
Amounts reclassified from accumulated other comprehensive income (loss)	(2,087		)	15,565			4,868			18,346
Net other comprehensive income (loss) for the period	(65,068		)	15,565			(2,641		)	(52,144		)
Ending balance, June 30, 2018		($14,874	)		($589,926	)		($8,842	)		($613,642	)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2019 by component:

	Cash flow hedges net unrealized gain (loss)			Pension and other postretirement liabilities			Net unrealized investment gain (loss)			Total Accumulated Other Comprehensive Income (Loss)
	(In Thousands)
Ending balance, December 31, 2018		($23,135	)		($531,922	)		($2,116	)		($557,173	)
Implementation of accounting standards	(7,685		)	—			879			(6,806		)
Beginning balance, January 1, 2019		($30,820	)		($531,922	)		($1,237	)		($563,979	)
Other comprehensive income (loss) before reclassifications	127,670			—			29,373			157,043
Amounts reclassified from accumulated other comprehensive income (loss)	(45,114		)	23,046			(1,400		)	(23,468		)
Net other comprehensive income (loss) for the period	82,556			23,046			27,973			133,575
Ending balance, June 30, 2019		$51,736			($508,876	)		$26,736			($430,404	)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2018 by component:

	Cash flow hedges net unrealized gain (loss)			Pension and other postretirement liabilities			Net unrealized investment gain (loss)			Total Accumulated Other Comprehensive Income (Loss)
	(In Thousands)
Ending balance, December 31, 2017		($37,477	)		($531,099	)		$545,045			($23,531	)
Implementation of accounting standards	—			—			(632,617		)	(632,617		)
Beginning balance, January 1, 2018		($37,477	)		($531,099	)		($87,572	)		($656,148	)
Other comprehensive income (loss) before reclassifications	8,585			—			(43,785		)	(35,200		)
Amounts reclassified from accumulated other comprehensive income (loss)	21,774			32,139			8,288			62,201
Net other comprehensive income (loss) for the period	30,359			32,139			(35,497		)	27,001
Reclassification pursuant to ASU 2018-02	(7,756		)	(90,966		)	114,227			15,505
Ending balance, June 30, 2018		($14,874	)		($589,926	)		($8,842	)		($613,642	)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2019 and 2018:

	Pension and Other Postretirement Liabilities
	2019			2018
	(In Thousands)
Beginning balance, April 1,		($7,122	)		($56,950	)
Amounts reclassified from accumulated other comprehensive income (loss)	(969		)	(501		)
Net other comprehensive income (loss) for the period	(969		)	(501		)
Ending balance, June 30,		($8,091	)		($57,451	)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 2019 and 2018:

	Pension and Other Postretirement Liabilities
	2019			2018
	(In Thousands)
Beginning balance, January 1,		($6,153	)		($46,400	)
Amounts reclassified from accumulated other comprehensive income (loss)	(1,938		)	(1,002		)
Net other comprehensive income (loss) for the period	(1,938		)	(1,002		)
Reclassification pursuant to ASU 2018-02	—			(10,049		)
Ending balance, June 30,		($8,091	)		($57,451	)

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended June 30, 2019 and 2018 are as follows:

	Amounts reclassified from AOCI						Income Statement Location
	2019			2018
	(In Thousands)
Cash flow hedges net unrealized gain (loss)
Power contracts		$5,589			$2,735		Competitive business operating revenues
Interest rate swaps	(48		)	(93		)	Miscellaneous - net
Total realized gain (loss) on cash flow hedges	5,541			2,642
	(1,164		)	(555		)	Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)		$4,377			$2,087
Pension and other postretirement liabilities
Amortization of prior-service credit		$5,325			$5,424		(a)
Amortization of loss	(18,980		)	(24,808		)	(a)
Settlement loss	(918		)	(406		)	(a)
Total amortization	(14,573		)	(19,790		)
	3,077			4,225			Income taxes
Total amortization (net of tax)		($11,496	)		($15,565	)
Net unrealized investment gain (loss)
Realized gain (loss)		$2,475			($7,702	)	Interest and investment income
	(911		)	2,834			Income taxes
Total realized investment gain (loss) (net of tax)		$1,564			($4,868	)
Total reclassifications for the period (net of tax)		($5,555	)		($18,346	)

(a) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the six months ended June 30, 2019 and 2018 are as follows:

	Amounts reclassified from AOCI						Income Statement Location
	2019			2018
	(In Thousands)
Cash flow hedges net unrealized gain (loss)
Power contracts		$57,204			($27,347	)	Competitive business operating revenues
Interest rate swaps	(97		)	(215		)	Miscellaneous - net
Total realized gain (loss) on cash flow hedges	57,107			(27,562		)
	(11,993		)	5,788			Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)		$45,114			($21,774	)
Pension and other postretirement liabilities
Amortization of prior-service credit		$10,652			$10,850		(a)
Amortization of loss	(37,969		)	(49,760		)	(a)
Settlement loss	(2,055		)	(2,022		)	(a)
Total amortization	(29,372		)	(40,932		)
	6,326			8,793			Income taxes
Total amortization (net of tax)		($23,046	)		($32,139	)
Net unrealized investment gain (loss)
Realized gain (loss)		$2,216			($13,114	)	Interest and investment income
	(816		)	4,826			Income taxes
Total realized investment gain (loss) (net of tax)		$1,400			($8,288	)
Total reclassifications for the period (net of tax)		$23,468			($62,201	)

(a) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended June 30, 2019 and 2018 are as follows:

	Amounts reclassified from AOCI						Income Statement Location
	2019			2018
	(In Thousands)
Pension and other postretirement liabilities
Amortization of prior-service credit		$1,837			$1,934		(a)
Amortization of loss	(526		)	(1,256		)	(a)
Total amortization	1,311			678
	(342		)	(177		)	Income taxes
Total amortization (net of tax)	969			501
Total reclassifications for the period (net of tax)		$969			$501

(a) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the six months ended June 30, 2019 and 2018 are as follows:

	Amounts reclassified from AOCI						Income Statement Location
	2019			2018
	(In Thousands)
Pension and other postretirement liabilities
Amortization of prior-service credit		$3,674			$3,868		(a)
Amortization of loss	(1,052		)	(2,513		)	(a)
Total amortization	2,622			1,355
	(684		)	(353		)	Income taxes
Total amortization (net of tax)	1,938			1,002
Total reclassifications for the period (net of tax)		$1,938			$1,002

(a)

These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Entergy Louisiana [Member]

Equity

EQUITY (Entergy Corporation and Entergy Louisiana)

Common Stock

Earnings per Share

The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements:

	For the Three Months Ended June 30,
	2019					2018
	(In Millions, Except Per Share Data)
	Income		Shares	$/share		Income		Shares	$/share
Basic earnings per share
Net income attributable to Entergy Corporation		$236.4	193.0		$1.22		$245.4	180.8		$1.36
Average dilutive effect of:
Stock options			0.5	—				0.3	—
Other equity plans			0.7	—				0.7	(0.01		)
Equity forwards			—	—				1.2	(0.01		)
Diluted earnings per share		$236.4	194.2		$1.22		$245.4	183.0		$1.34

The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 1.1 million for the three months ended June 30, 2018.

	For the Six Months Ended June 30,
	2019						2018
	(In Millions, Except Per Share Data)
	Income		Shares	$/share			Income		Shares	$/share
Basic earnings per share
Net income attributable to Entergy Corporation		$491.0	191.3		$2.57			$378.2	180.8		$2.09
Average dilutive effect of:
Stock options			0.5	(0.01		)			0.3	—
Other equity plans			0.6	(0.01		)			0.5	—
Equity forwards			0.8	(0.01		)			0.6	(0.01		)
Diluted earnings per share		$491.0	193.2		$2.54			$378.2	182.2		$2.08

The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.3 million for the six months ended June 30, 2019 and approximately 1.1 million for the six months ended June 30, 2018.

Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K.

Dividends declared per common share were $0.91 for the three months ended June 30, 2019 and $0.89 for the three months ended June 30, 2018. Dividends declared per common share were $1.82 for the six months ended June 30, 2019 and $1.78 for the six months ended June 30, 2018.

Equity Forward Sale Agreements

As discussed in Note 7 to the financial statements in the Form 10-K, in June 2018, Entergy marketed an equity offering of 15.3 million shares of common stock. In lieu of issuing equity at the time of the offering, Entergy entered into forward sale agreements with various investment banks. In December 2018, Entergy physically settled a portion of its obligations under the forward sale agreements by delivering 6,834,221 shares of common stock in exchange for cash proceeds of approximately $500 million. In May 2019, Entergy physically settled the remaining 8,448,171 shares of common stock in exchange for cash proceeds of approximately $608 million.

Treasury Stock

During the six months ended June 30, 2019, Entergy Corporation issued 1,181,800 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards.  Entergy Corporation did not repurchase any of its common stock during the six months ended June 30, 2019.

Retained Earnings

On July 26, 2019, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.91 per share, payable on September 3, 2019, to holders of record as of August 8, 2019.

Entergy implemented ASU No. 2017-12 “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities” effective January 1, 2019. The ASU makes a number of amendments to hedge accounting, most significantly changing the recognition and presentation of highly effective hedges. Entergy implemented this standard using a modified retrospective method, and recorded an adjustment increasing retained earnings and increasing accumulated other comprehensive loss by approximately $8 million as of January 1, 2019 for the cumulative effect of the ineffectiveness portion of designated hedges on nuclear power sales.

Entergy implemented ASU 2017-08 “Receivables (Topic 310): Nonrefundable Fees and Other Costs” effective January 1, 2019. The ASU amends the amortization period for certain purchased callable debt securities held at a premium to the earliest call date. Entergy implemented this standard using the modified retrospective approach, and recorded an adjustment decreasing retained earnings and decreasing accumulated other comprehensive loss by approximately $1 million as of January 1, 2019 for the cumulative effect of the amended amortization period.

Comprehensive Income

Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2019 by component:

	Cash flow hedges net unrealized gain (loss)			Pension and other postretirement liabilities			Net unrealized investment gain (loss)			Total Accumulated Other Comprehensive Income (Loss)
	(In Thousands)
Beginning balance, April 1, 2019		($43,246	)		($520,372	)		$12,466			($551,152	)
Other comprehensive income (loss) before reclassifications	99,359			—			15,834			115,193
Amounts reclassified from accumulated other comprehensive income (loss)	(4,377		)	11,496			(1,564		)	5,555
Net other comprehensive income (loss) for the period	94,982			11,496			14,270			120,748
Ending balance, June 30, 2019		$51,736			($508,876	)		$26,736			($430,404	)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2018 by component:

	Cash flow hedges net unrealized gain (loss)			Pension and other postretirement liabilities			Net unrealized investment gain (loss)			Total Accumulated Other Comprehensive Income (Loss)
	(In Thousands)
Beginning balance, April 1, 2018		$50,194			($605,491	)		($6,201	)		($561,498	)
Other comprehensive income (loss) before reclassifications	(62,981		)	—			(7,509		)	(70,490		)
Amounts reclassified from accumulated other comprehensive income (loss)	(2,087		)	15,565			4,868			18,346
Net other comprehensive income (loss) for the period	(65,068		)	15,565			(2,641		)	(52,144		)
Ending balance, June 30, 2018		($14,874	)		($589,926	)		($8,842	)		($613,642	)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2019 by component:

	Cash flow hedges net unrealized gain (loss)			Pension and other postretirement liabilities			Net unrealized investment gain (loss)			Total Accumulated Other Comprehensive Income (Loss)
	(In Thousands)
Ending balance, December 31, 2018		($23,135	)		($531,922	)		($2,116	)		($557,173	)
Implementation of accounting standards	(7,685		)	—			879			(6,806		)
Beginning balance, January 1, 2019		($30,820	)		($531,922	)		($1,237	)		($563,979	)
Other comprehensive income (loss) before reclassifications	127,670			—			29,373			157,043
Amounts reclassified from accumulated other comprehensive income (loss)	(45,114		)	23,046			(1,400		)	(23,468		)
Net other comprehensive income (loss) for the period	82,556			23,046			27,973			133,575
Ending balance, June 30, 2019		$51,736			($508,876	)		$26,736			($430,404	)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2018 by component:

	Cash flow hedges net unrealized gain (loss)			Pension and other postretirement liabilities			Net unrealized investment gain (loss)			Total Accumulated Other Comprehensive Income (Loss)
	(In Thousands)
Ending balance, December 31, 2017		($37,477	)		($531,099	)		$545,045			($23,531	)
Implementation of accounting standards	—			—			(632,617		)	(632,617		)
Beginning balance, January 1, 2018		($37,477	)		($531,099	)		($87,572	)		($656,148	)
Other comprehensive income (loss) before reclassifications	8,585			—			(43,785		)	(35,200		)
Amounts reclassified from accumulated other comprehensive income (loss)	21,774			32,139			8,288			62,201
Net other comprehensive income (loss) for the period	30,359			32,139			(35,497		)	27,001
Reclassification pursuant to ASU 2018-02	(7,756		)	(90,966		)	114,227			15,505
Ending balance, June 30, 2018		($14,874	)		($589,926	)		($8,842	)		($613,642	)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2019 and 2018:

	Pension and Other Postretirement Liabilities
	2019			2018
	(In Thousands)
Beginning balance, April 1,		($7,122	)		($56,950	)
Amounts reclassified from accumulated other comprehensive income (loss)	(969		)	(501		)
Net other comprehensive income (loss) for the period	(969		)	(501		)
Ending balance, June 30,		($8,091	)		($57,451	)

The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 2019 and 2018:

	Pension and Other Postretirement Liabilities
	2019			2018
	(In Thousands)
Beginning balance, January 1,		($6,153	)		($46,400	)
Amounts reclassified from accumulated other comprehensive income (loss)	(1,938		)	(1,002		)
Net other comprehensive income (loss) for the period	(1,938		)	(1,002		)
Reclassification pursuant to ASU 2018-02	—			(10,049		)
Ending balance, June 30,		($8,091	)		($57,451	)

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended June 30, 2019 and 2018 are as follows:

	Amounts reclassified from AOCI						Income Statement Location
	2019			2018
	(In Thousands)
Cash flow hedges net unrealized gain (loss)
Power contracts		$5,589			$2,735		Competitive business operating revenues
Interest rate swaps	(48		)	(93		)	Miscellaneous - net
Total realized gain (loss) on cash flow hedges	5,541			2,642
	(1,164		)	(555		)	Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)		$4,377			$2,087
Pension and other postretirement liabilities
Amortization of prior-service credit		$5,325			$5,424		(a)
Amortization of loss	(18,980		)	(24,808		)	(a)
Settlement loss	(918		)	(406		)	(a)
Total amortization	(14,573		)	(19,790		)
	3,077			4,225			Income taxes
Total amortization (net of tax)		($11,496	)		($15,565	)
Net unrealized investment gain (loss)
Realized gain (loss)		$2,475			($7,702	)	Interest and investment income
	(911		)	2,834			Income taxes
Total realized investment gain (loss) (net of tax)		$1,564			($4,868	)
Total reclassifications for the period (net of tax)		($5,555	)		($18,346	)

(a) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the six months ended June 30, 2019 and 2018 are as follows:

	Amounts reclassified from AOCI						Income Statement Location
	2019			2018
	(In Thousands)
Cash flow hedges net unrealized gain (loss)
Power contracts		$57,204			($27,347	)	Competitive business operating revenues
Interest rate swaps	(97		)	(215		)	Miscellaneous - net
Total realized gain (loss) on cash flow hedges	57,107			(27,562		)
	(11,993		)	5,788			Income taxes
Total realized gain (loss) on cash flow hedges (net of tax)		$45,114			($21,774	)
Pension and other postretirement liabilities
Amortization of prior-service credit		$10,652			$10,850		(a)
Amortization of loss	(37,969		)	(49,760		)	(a)
Settlement loss	(2,055		)	(2,022		)	(a)
Total amortization	(29,372		)	(40,932		)
	6,326			8,793			Income taxes
Total amortization (net of tax)		($23,046	)		($32,139	)
Net unrealized investment gain (loss)
Realized gain (loss)		$2,216			($13,114	)	Interest and investment income
	(816		)	4,826			Income taxes
Total realized investment gain (loss) (net of tax)		$1,400			($8,288	)
Total reclassifications for the period (net of tax)		$23,468			($62,201	)

(a) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended June 30, 2019 and 2018 are as follows:

	Amounts reclassified from AOCI						Income Statement Location
	2019			2018
	(In Thousands)
Pension and other postretirement liabilities
Amortization of prior-service credit		$1,837			$1,934		(a)
Amortization of loss	(526		)	(1,256		)	(a)
Total amortization	1,311			678
	(342		)	(177		)	Income taxes
Total amortization (net of tax)	969			501
Total reclassifications for the period (net of tax)		$969			$501

(a) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.

Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the six months ended June 30, 2019 and 2018 are as follows:

	Amounts reclassified from AOCI						Income Statement Location
	2019			2018
	(In Thousands)
Pension and other postretirement liabilities
Amortization of prior-service credit		$3,674			$3,868		(a)
Amortization of loss	(1,052		)	(2,513		)	(a)
Total amortization	2,622			1,355
	(684		)	(353		)	Income taxes
Total amortization (net of tax)	1,938			1,002
Total reclassifications for the period (net of tax)		$1,938			$1,002

(a)

These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.