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Business Segment Information (Tables) - Entergy Corporation [Member]
 9 Months Ended
Sep. 30, 2019
Segment Financial Information
Entergy’s segment financial information for the third quarters of 2019 and 2018 is as follows:
 
 
Utility
 
Entergy
Wholesale
Commodities
 
All Other
 
Eliminations
 
Entergy
 
 
(In Thousands)
2019
 
 
 
 
 
 
 
 
 
 
Operating revenues
 

$2,840,222

 

$300,363

 

$9

 

($19
)
 

$3,140,575

Income taxes
 

$71,698

 

($30,855
)
 

($11,642
)
 

$—

 

$29,201

Consolidated net income (loss)
 

$581,964

 

($140,501
)
 

($40,105
)
 

($31,899
)
 

$369,459

2018
 
 
 
 
 
 
 
 
 
 
Operating revenues
 

$2,724,279

 

$380,080

 

$—

 

($40
)
 

$3,104,319

Income taxes
 

($137,035
)
 

($135,659
)
 

($10,312
)
 

$—

 

($283,006
)
Consolidated net income (loss)
 

$507,745

 

$105,571

 

($41,601
)
 

($31,897
)
 

$539,818


Entergy’s segment financial information for the nine months ended September 30, 2019 and 2018 is as follows:
 
 
Utility
 
Entergy
Wholesale
Commodities
 
All Other
 
Eliminations
 
Entergy
 
 
(In Thousands)
2019
 
 
 
 
 
 
 
 
 
 
Operating revenues
 
$7,392,641
 
$1,023,757
 
$11
 

($42
)
 
$8,416,367
Income taxes
 
$81,283
 
$25,763
 

($33,616
)
 

$—

 
$73,430
Consolidated net income (loss)
 
$1,150,863
 

($68,804
)
 

($117,725
)
 

($95,695
)
 
$868,639
Total assets as of September 30, 2019
 
$48,348,371
 
$4,122,007
 
$501,983
 

($2,466,093
)
 
$50,506,268
2018
 
 
 
 
 
 
 
 
 
 
Operating revenues
 
$7,389,477
 
$1,107,606
 

$—

 

($113
)
 
$8,496,970
Income taxes
 

($325,134
)
 

($166,882
)
 

($27,921
)
 

$—

 

($519,937
)
Consolidated net income (loss)
 
$1,104,078
 
$31,456
 

($114,962
)
 

($95,695
)
 
$924,877
Total assets as of December 31, 2018
 
$44,777,167
 
$5,459,275
 
$733,366
 

($2,694,742
)
 
$48,275,066

The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.”  Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment.
Restructuring and Related Costs [Table Text Block]
Total restructuring charges for the third quarters of 2019 and 2018 were comprised of the following:
 
2019
 
2018
 
Employee retention and severance
expenses and other benefits-related costs
 
Contracted economic development costs
 
Total
 
Employee retention and severance
expenses and other benefits-related costs
 
Contracted economic development costs
 
Total
 
(In Millions)
Balance as of July 1,

$181

 

$14

 

$195

 

$143

 

$14

 

$157

Restructuring costs accrued
14

 
—

 
14

 
43

 
—

 
43

Cash paid out
86

 
—

 
86

 
—

 
—

 
—

Balance as of September 30,

$109

 

$14

 

$123

 

$186

 

$14

 

$200


In addition, Entergy Wholesale Commodities incurred $8 million in the third quarter 2019 and $155 million in the third quarter 2018 of impairment and other related charges associated with these strategic decisions and transactions.

Total restructuring charges for the nine months ended September 30, 2019 and 2018 were comprised of the following:
 
2019
 
2018
 
Employee retention and severance
expenses and other benefits-related costs
 
Contracted economic development costs
 
Total
 
Employee retention and severance
expenses and other benefits-related costs
 
Contracted economic development costs
 
Total
 
(In Millions)
Balance as of January 1,

$179

 

$14

 

$193

 

$83

 

$14

 

$97

Restructuring costs accrued
70

 
—

 
70

 
103

 
—

 
103

Cash paid out
140

 
—

 
140

 
—

 
—

 
—

Balance as of September 30,

$109

 

$14

 

$123

 

$186

 

$14

 

$200


In addition, Entergy Wholesale Commodities incurred $98 million in the nine months ended September 30, 2019 and $297 million in the nine months ended September 30, 2018 of impairment and other related charges associated with these strategic decisions and transactions.