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Leases Leases (Tables)

9 Months Ended

Sep. 30, 2019

Entergy incurred the following total lease costs for the three months ended September 30, 2019:



	(In Thousands)
Operating lease cost		$16,086
Financing lease cost:
Amortization of right-of-use assets		$2,945
Interest on lease liabilities		$763

Of the lease costs disclosed above, Entergy had $15 thousand in short-term lease costs for the three months ended September 30, 2019.

Entergy incurred the following total lease costs for the nine months ended September 30, 2019:



	(In Thousands)
Operating lease cost		$47,061
Financing lease cost:
Amortization of right-of-use assets		$10,837
Interest on lease liabilities		$2,597

Of the lease costs disclosed above, Entergy had $15 thousand in short-term lease costs for the nine months ended September 30, 2019.

Lease, Liabilities

The following lease-related liabilities are recorded within the respective Other lines on Entergy’s consolidated balance sheet as of September 30, 2019:



	(In Thousands)
Current liabilities:
Operating leases		$52,348
Financing leases		$11,482
Non-current liabilities:
Operating leases		$184,404
Financing leases		$53,252

Lease, Terms and Discount Rate

The following information contains the weighted average remaining lease term in years and the weighted average discount rate for the operating and financing leases of Entergy at September 30, 2019:



Weighted average remaining lease terms:
Operating leases	5.10
Financing leases	6.79
Weighted average discount rate:
Operating leases	3.91	%
Financing leases	4.67	%

Lease, Maturity

Maturity of the lease liabilities for Entergy as of September 30, 2019 are as follows:



Year	Operating Leases		Financing Leases
	(In Thousands)

Remainder for 2019		$16,088		$3,608
2020	59,965		13,521
2021	53,791		11,973
2022	45,391		10,775
2023	35,050		9,664
Years thereafter	56,906		26,889
Minimum lease payments	267,191		76,430
Less: amount representing interest	30,438		11,696
Present value of net minimum lease payments		$236,753		$64,734

Operating And Capital Leases Future Minimum Payments Due

As of December 31, 2018, Entergy had capital leases and non-cancelable operating leases for equipment, buildings, vehicles, and fuel storage facilities with minimum lease payments as follows (excluding power purchase agreement operating leases, nuclear fuel leases, and the Grand Gulf sale and leaseback transaction, all of which are discussed elsewhere):



Year	Operating Leases		Capital Leases
	(In Thousands)
2019		$94,043		$2,887
2020	82,191		2,887
2021	75,147		2,887
2022	60,808		2,887
2023	47,391		2,887
Years thereafter	88,004		16,117
Minimum lease payments	447,584		30,552
Less: Amount representing interest	—		8,555
Present value of net minimum lease payments		$447,584		$21,997

Purchase Power Agreement Minimum Lease Payments

The minimum lease payments under the power purchase agreement are as follows:



Year	Entergy Texas (a)		Entergy
	(In Thousands)
2019		$31,159		$31,159
2020	31,876		31,876
2021	32,609		32,609
2022	10,180		10,180
Minimum lease payments		$105,824		$105,824

(a)

Amounts reflect 100% of minimum payments. Under a separate contract, which expires May 31, 2022, Entergy Louisiana purchases 50% of the capacity and energy from the power purchase agreement from Entergy Texas.

Entergy Arkansas [Member]

Lease, Cost

The Registrant Subsidiaries incurred the following lease costs for the three months ended September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$3,306		$3,003		$1,752		$349		$1,074
Financing lease cost:
Amortization of right-of-use assets		$621		$1,014		$369		$178		$335
Interest on lease liabilities		$105		$161		$65		$29		$54

Of the lease costs disclosed above, Entergy Louisiana had $15 thousand in short-term lease costs for the three months ended September 30, 2019.

The Registrant Subsidiaries incurred the following lease costs for the nine months ended September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$9,724		$8,854		$5,220		$1,058		$3,135
Financing lease cost:
Amortization of right-of-use assets		$2,448		$4,014		$1,408		$696		$965
Interest on lease liabilities		$408		$612		$241		$114		$153

Of the lease costs disclosed above, Entergy Louisiana had $15 thousand in short-term lease costs for the nine months ended September 30, 2019.

Lease, Assets

Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at September 30, 2019 are the following amounts:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating leases		$49,503		$34,248		$18,149		$3,894		$13,074
Financing leases		$11,094		$16,795		$6,994		$2,913		$5,515

Lease, Liabilities

The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Current liabilities:
Operating leases		$10,662		$9,969		$6,137		$1,138		$3,427
Financing leases		$2,600		$3,860		$1,473		$626		$1,252
Non-current liabilities:
Operating leases		$38,881		$24,289		$12,254		$2,755		$9,689
Financing leases		$8,665		$12,925		$5,521		$2,286		$4,221

Lease, Terms and Discount Rate

The following information contains the weighted average remaining lease term in years and the weighted average discount rate for the operating and financing leases of the Registrant Subsidiaries at September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas

Weighted average remaining lease terms:
Operating leases	6.09		4.28		4.65		3.99		4.49
Financing leases	5.44		5.41		5.41		5.72		5.25
Weighted average discount rate:
Operating leases	3.75	%	3.74	%	3.77	%	3.94	%	3.86	%
Financing leases	3.75	%	3.75	%	3.71	%	3.93	%	3.84	%

Lease, Maturity

Maturity of the lease liabilities for the Registrant Subsidiaries as of September 30, 2019 are as follows:

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$3,168		$2,863		$1,968		$332		$1,022
2020	11,756		10,518		6,066		1,196		4,014
2021	9,911		8,787		4,937		939		3,279
2022	7,613		6,068		3,503		659		2,338
2023	6,341		4,079		1,376		497		1,994
Years thereafter	16,421		4,702		2,642		729		2,193
Minimum lease payments	55,210		37,017		20,492		4,352		14,840
Less: amount representing interest	5,667		2,759		2,101		459		1,724
Present value of net minimum lease payments		$49,543		$34,258		$18,391		$3,893		$13,116

Financing Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$713		$1,135		$429		$204		$375
2020	2,654		4,191		1,655		660		1,364
2021	2,258		3,536		1,490		549		1,171
2022	1,969		3,096		1,297		499		965
2023	1,728		2,635		1,078		451		827
Years thereafter	2,905		3,818		1,740		881		1,316
Minimum lease payments	12,227		18,411		7,689		3,244		6,018
Less: amount representing interest	961		1,626		695		332		545
Present value of net minimum lease payments		$11,266		$16,785		$6,994		$2,912		$5,473

Operating And Capital Leases Future Minimum Payments Due

As of December 31, 2018, the Registrant Subsidiaries had non-cancelable operating leases for equipment, buildings, vehicles, and fuel storage facilities with minimum lease payments as follows (excluding power purchase agreement operating leases, nuclear fuel leases, and the Grand Gulf lease obligation, all of which are discussed elsewhere):

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019		$20,421		$25,970		$9,344		$2,493		$5,744
2020	13,918		21,681		8,763		2,349		4,431
2021	11,931		19,514		7,186		1,901		3,625
2022	9,458		15,756		5,675		1,314		2,218
2023	7,782		12,092		2,946		1,043		1,561
Years thereafter	23,297		22,003		4,417		2,323		2,726
Minimum lease payments		$86,807		$117,016		$38,331		$11,423		$20,305

Schedule of Rent Expense

Rental Expenses



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Millions)
2018		$6.2		$20.2		$4.6		$2.5		$3.1		$1.9
2017		$7.5		$23.0		$5.6		$2.5		$3.4		$2.2
2016		$8.0		$17.8		$4.0		$0.9		$2.8		$1.6

Entergy Louisiana [Member]

Lease, Cost

The Registrant Subsidiaries incurred the following lease costs for the three months ended September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$3,306		$3,003		$1,752		$349		$1,074
Financing lease cost:
Amortization of right-of-use assets		$621		$1,014		$369		$178		$335
Interest on lease liabilities		$105		$161		$65		$29		$54

Of the lease costs disclosed above, Entergy Louisiana had $15 thousand in short-term lease costs for the three months ended September 30, 2019.

The Registrant Subsidiaries incurred the following lease costs for the nine months ended September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$9,724		$8,854		$5,220		$1,058		$3,135
Financing lease cost:
Amortization of right-of-use assets		$2,448		$4,014		$1,408		$696		$965
Interest on lease liabilities		$408		$612		$241		$114		$153

Of the lease costs disclosed above, Entergy Louisiana had $15 thousand in short-term lease costs for the nine months ended September 30, 2019.

Lease, Assets

Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at September 30, 2019 are the following amounts:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating leases		$49,503		$34,248		$18,149		$3,894		$13,074
Financing leases		$11,094		$16,795		$6,994		$2,913		$5,515

Lease, Liabilities

The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Current liabilities:
Operating leases		$10,662		$9,969		$6,137		$1,138		$3,427
Financing leases		$2,600		$3,860		$1,473		$626		$1,252
Non-current liabilities:
Operating leases		$38,881		$24,289		$12,254		$2,755		$9,689
Financing leases		$8,665		$12,925		$5,521		$2,286		$4,221

Lease, Terms and Discount Rate



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas

Weighted average remaining lease terms:
Operating leases	6.09		4.28		4.65		3.99		4.49
Financing leases	5.44		5.41		5.41		5.72		5.25
Weighted average discount rate:
Operating leases	3.75	%	3.74	%	3.77	%	3.94	%	3.86	%
Financing leases	3.75	%	3.75	%	3.71	%	3.93	%	3.84	%

Lease, Maturity

Maturity of the lease liabilities for the Registrant Subsidiaries as of September 30, 2019 are as follows:

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$3,168		$2,863		$1,968		$332		$1,022
2020	11,756		10,518		6,066		1,196		4,014
2021	9,911		8,787		4,937		939		3,279
2022	7,613		6,068		3,503		659		2,338
2023	6,341		4,079		1,376		497		1,994
Years thereafter	16,421		4,702		2,642		729		2,193
Minimum lease payments	55,210		37,017		20,492		4,352		14,840
Less: amount representing interest	5,667		2,759		2,101		459		1,724
Present value of net minimum lease payments		$49,543		$34,258		$18,391		$3,893		$13,116

Financing Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$713		$1,135		$429		$204		$375
2020	2,654		4,191		1,655		660		1,364
2021	2,258		3,536		1,490		549		1,171
2022	1,969		3,096		1,297		499		965
2023	1,728		2,635		1,078		451		827
Years thereafter	2,905		3,818		1,740		881		1,316
Minimum lease payments	12,227		18,411		7,689		3,244		6,018
Less: amount representing interest	961		1,626		695		332		545
Present value of net minimum lease payments		$11,266		$16,785		$6,994		$2,912		$5,473

Operating And Capital Leases Future Minimum Payments Due

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019		$20,421		$25,970		$9,344		$2,493		$5,744
2020	13,918		21,681		8,763		2,349		4,431
2021	11,931		19,514		7,186		1,901		3,625
2022	9,458		15,756		5,675		1,314		2,218
2023	7,782		12,092		2,946		1,043		1,561
Years thereafter	23,297		22,003		4,417		2,323		2,726
Minimum lease payments		$86,807		$117,016		$38,331		$11,423		$20,305

Schedule of Rent Expense

Rental Expenses



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Millions)
2018		$6.2		$20.2		$4.6		$2.5		$3.1		$1.9
2017		$7.5		$23.0		$5.6		$2.5		$3.4		$2.2
2016		$8.0		$17.8		$4.0		$0.9		$2.8		$1.6

Entergy Mississippi [Member]

Lease, Cost

The Registrant Subsidiaries incurred the following lease costs for the three months ended September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$3,306		$3,003		$1,752		$349		$1,074
Financing lease cost:
Amortization of right-of-use assets		$621		$1,014		$369		$178		$335
Interest on lease liabilities		$105		$161		$65		$29		$54

Of the lease costs disclosed above, Entergy Louisiana had $15 thousand in short-term lease costs for the three months ended September 30, 2019.

The Registrant Subsidiaries incurred the following lease costs for the nine months ended September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$9,724		$8,854		$5,220		$1,058		$3,135
Financing lease cost:
Amortization of right-of-use assets		$2,448		$4,014		$1,408		$696		$965
Interest on lease liabilities		$408		$612		$241		$114		$153

Of the lease costs disclosed above, Entergy Louisiana had $15 thousand in short-term lease costs for the nine months ended September 30, 2019.

Lease, Assets

Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at September 30, 2019 are the following amounts:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating leases		$49,503		$34,248		$18,149		$3,894		$13,074
Financing leases		$11,094		$16,795		$6,994		$2,913		$5,515

Lease, Liabilities

The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Current liabilities:
Operating leases		$10,662		$9,969		$6,137		$1,138		$3,427
Financing leases		$2,600		$3,860		$1,473		$626		$1,252
Non-current liabilities:
Operating leases		$38,881		$24,289		$12,254		$2,755		$9,689
Financing leases		$8,665		$12,925		$5,521		$2,286		$4,221

Lease, Terms and Discount Rate



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas

Weighted average remaining lease terms:
Operating leases	6.09		4.28		4.65		3.99		4.49
Financing leases	5.44		5.41		5.41		5.72		5.25
Weighted average discount rate:
Operating leases	3.75	%	3.74	%	3.77	%	3.94	%	3.86	%
Financing leases	3.75	%	3.75	%	3.71	%	3.93	%	3.84	%

Lease, Maturity

Maturity of the lease liabilities for the Registrant Subsidiaries as of September 30, 2019 are as follows:

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$3,168		$2,863		$1,968		$332		$1,022
2020	11,756		10,518		6,066		1,196		4,014
2021	9,911		8,787		4,937		939		3,279
2022	7,613		6,068		3,503		659		2,338
2023	6,341		4,079		1,376		497		1,994
Years thereafter	16,421		4,702		2,642		729		2,193
Minimum lease payments	55,210		37,017		20,492		4,352		14,840
Less: amount representing interest	5,667		2,759		2,101		459		1,724
Present value of net minimum lease payments		$49,543		$34,258		$18,391		$3,893		$13,116

Financing Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$713		$1,135		$429		$204		$375
2020	2,654		4,191		1,655		660		1,364
2021	2,258		3,536		1,490		549		1,171
2022	1,969		3,096		1,297		499		965
2023	1,728		2,635		1,078		451		827
Years thereafter	2,905		3,818		1,740		881		1,316
Minimum lease payments	12,227		18,411		7,689		3,244		6,018
Less: amount representing interest	961		1,626		695		332		545
Present value of net minimum lease payments		$11,266		$16,785		$6,994		$2,912		$5,473

Operating And Capital Leases Future Minimum Payments Due

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019		$20,421		$25,970		$9,344		$2,493		$5,744
2020	13,918		21,681		8,763		2,349		4,431
2021	11,931		19,514		7,186		1,901		3,625
2022	9,458		15,756		5,675		1,314		2,218
2023	7,782		12,092		2,946		1,043		1,561
Years thereafter	23,297		22,003		4,417		2,323		2,726
Minimum lease payments		$86,807		$117,016		$38,331		$11,423		$20,305

Schedule of Rent Expense

Rental Expenses



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Millions)
2018		$6.2		$20.2		$4.6		$2.5		$3.1		$1.9
2017		$7.5		$23.0		$5.6		$2.5		$3.4		$2.2
2016		$8.0		$17.8		$4.0		$0.9		$2.8		$1.6

Entergy New Orleans [Member]

Lease, Cost

The Registrant Subsidiaries incurred the following lease costs for the three months ended September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$3,306		$3,003		$1,752		$349		$1,074
Financing lease cost:
Amortization of right-of-use assets		$621		$1,014		$369		$178		$335
Interest on lease liabilities		$105		$161		$65		$29		$54

Of the lease costs disclosed above, Entergy Louisiana had $15 thousand in short-term lease costs for the three months ended September 30, 2019.

The Registrant Subsidiaries incurred the following lease costs for the nine months ended September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$9,724		$8,854		$5,220		$1,058		$3,135
Financing lease cost:
Amortization of right-of-use assets		$2,448		$4,014		$1,408		$696		$965
Interest on lease liabilities		$408		$612		$241		$114		$153

Of the lease costs disclosed above, Entergy Louisiana had $15 thousand in short-term lease costs for the nine months ended September 30, 2019.

Lease, Assets

Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at September 30, 2019 are the following amounts:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating leases		$49,503		$34,248		$18,149		$3,894		$13,074
Financing leases		$11,094		$16,795		$6,994		$2,913		$5,515

Lease, Liabilities

The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Current liabilities:
Operating leases		$10,662		$9,969		$6,137		$1,138		$3,427
Financing leases		$2,600		$3,860		$1,473		$626		$1,252
Non-current liabilities:
Operating leases		$38,881		$24,289		$12,254		$2,755		$9,689
Financing leases		$8,665		$12,925		$5,521		$2,286		$4,221

Lease, Terms and Discount Rate



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas

Weighted average remaining lease terms:
Operating leases	6.09		4.28		4.65		3.99		4.49
Financing leases	5.44		5.41		5.41		5.72		5.25
Weighted average discount rate:
Operating leases	3.75	%	3.74	%	3.77	%	3.94	%	3.86	%
Financing leases	3.75	%	3.75	%	3.71	%	3.93	%	3.84	%

Lease, Maturity

Maturity of the lease liabilities for the Registrant Subsidiaries as of September 30, 2019 are as follows:

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$3,168		$2,863		$1,968		$332		$1,022
2020	11,756		10,518		6,066		1,196		4,014
2021	9,911		8,787		4,937		939		3,279
2022	7,613		6,068		3,503		659		2,338
2023	6,341		4,079		1,376		497		1,994
Years thereafter	16,421		4,702		2,642		729		2,193
Minimum lease payments	55,210		37,017		20,492		4,352		14,840
Less: amount representing interest	5,667		2,759		2,101		459		1,724
Present value of net minimum lease payments		$49,543		$34,258		$18,391		$3,893		$13,116

Financing Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$713		$1,135		$429		$204		$375
2020	2,654		4,191		1,655		660		1,364
2021	2,258		3,536		1,490		549		1,171
2022	1,969		3,096		1,297		499		965
2023	1,728		2,635		1,078		451		827
Years thereafter	2,905		3,818		1,740		881		1,316
Minimum lease payments	12,227		18,411		7,689		3,244		6,018
Less: amount representing interest	961		1,626		695		332		545
Present value of net minimum lease payments		$11,266		$16,785		$6,994		$2,912		$5,473

Operating And Capital Leases Future Minimum Payments Due

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019		$20,421		$25,970		$9,344		$2,493		$5,744
2020	13,918		21,681		8,763		2,349		4,431
2021	11,931		19,514		7,186		1,901		3,625
2022	9,458		15,756		5,675		1,314		2,218
2023	7,782		12,092		2,946		1,043		1,561
Years thereafter	23,297		22,003		4,417		2,323		2,726
Minimum lease payments		$86,807		$117,016		$38,331		$11,423		$20,305

Schedule of Rent Expense

Rental Expenses



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Millions)
2018		$6.2		$20.2		$4.6		$2.5		$3.1		$1.9
2017		$7.5		$23.0		$5.6		$2.5		$3.4		$2.2
2016		$8.0		$17.8		$4.0		$0.9		$2.8		$1.6

Entergy Texas [Member]

Lease, Cost

The Registrant Subsidiaries incurred the following lease costs for the three months ended September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$3,306		$3,003		$1,752		$349		$1,074
Financing lease cost:
Amortization of right-of-use assets		$621		$1,014		$369		$178		$335
Interest on lease liabilities		$105		$161		$65		$29		$54

Of the lease costs disclosed above, Entergy Louisiana had $15 thousand in short-term lease costs for the three months ended September 30, 2019.

The Registrant Subsidiaries incurred the following lease costs for the nine months ended September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating lease cost		$9,724		$8,854		$5,220		$1,058		$3,135
Financing lease cost:
Amortization of right-of-use assets		$2,448		$4,014		$1,408		$696		$965
Interest on lease liabilities		$408		$612		$241		$114		$153

Of the lease costs disclosed above, Entergy Louisiana had $15 thousand in short-term lease costs for the nine months ended September 30, 2019.

Lease, Assets

Included within Utility Plant on the Registrant Subsidiaries’ respective balance sheets at September 30, 2019 are the following amounts:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Operating leases		$49,503		$34,248		$18,149		$3,894		$13,074
Financing leases		$11,094		$16,795		$6,994		$2,913		$5,515

Lease, Liabilities

The following lease-related liabilities are recorded within the respective Other lines on the Registrant Subsidiaries’ respective balance sheets at September 30, 2019:



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
Current liabilities:
Operating leases		$10,662		$9,969		$6,137		$1,138		$3,427
Financing leases		$2,600		$3,860		$1,473		$626		$1,252
Non-current liabilities:
Operating leases		$38,881		$24,289		$12,254		$2,755		$9,689
Financing leases		$8,665		$12,925		$5,521		$2,286		$4,221

Lease, Terms and Discount Rate



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas

Weighted average remaining lease terms:
Operating leases	6.09		4.28		4.65		3.99		4.49
Financing leases	5.44		5.41		5.41		5.72		5.25
Weighted average discount rate:
Operating leases	3.75	%	3.74	%	3.77	%	3.94	%	3.86	%
Financing leases	3.75	%	3.75	%	3.71	%	3.93	%	3.84	%

Lease, Maturity

Maturity of the lease liabilities for the Registrant Subsidiaries as of September 30, 2019 are as follows:

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$3,168		$2,863		$1,968		$332		$1,022
2020	11,756		10,518		6,066		1,196		4,014
2021	9,911		8,787		4,937		939		3,279
2022	7,613		6,068		3,503		659		2,338
2023	6,341		4,079		1,376		497		1,994
Years thereafter	16,421		4,702		2,642		729		2,193
Minimum lease payments	55,210		37,017		20,492		4,352		14,840
Less: amount representing interest	5,667		2,759		2,101		459		1,724
Present value of net minimum lease payments		$49,543		$34,258		$18,391		$3,893		$13,116

Financing Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)

Remainder of 2019		$713		$1,135		$429		$204		$375
2020	2,654		4,191		1,655		660		1,364
2021	2,258		3,536		1,490		549		1,171
2022	1,969		3,096		1,297		499		965
2023	1,728		2,635		1,078		451		827
Years thereafter	2,905		3,818		1,740		881		1,316
Minimum lease payments	12,227		18,411		7,689		3,244		6,018
Less: amount representing interest	961		1,626		695		332		545
Present value of net minimum lease payments		$11,266		$16,785		$6,994		$2,912		$5,473

Operating And Capital Leases Future Minimum Payments Due

Operating Leases



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019		$20,421		$25,970		$9,344		$2,493		$5,744
2020	13,918		21,681		8,763		2,349		4,431
2021	11,931		19,514		7,186		1,901		3,625
2022	9,458		15,756		5,675		1,314		2,218
2023	7,782		12,092		2,946		1,043		1,561
Years thereafter	23,297		22,003		4,417		2,323		2,726
Minimum lease payments		$86,807		$117,016		$38,331		$11,423		$20,305

Schedule of Rent Expense

Rental Expenses



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Millions)
2018		$6.2		$20.2		$4.6		$2.5		$3.1		$1.9
2017		$7.5		$23.0		$5.6		$2.5		$3.4		$2.2
2016		$8.0		$17.8		$4.0		$0.9		$2.8		$1.6

Purchase Power Agreement Minimum Lease Payments

The minimum lease payments under the power purchase agreement are as follows:



Year	Entergy Texas (a)		Entergy
	(In Thousands)
2019		$31,159		$31,159
2020	31,876		31,876
2021	32,609		32,609
2022	10,180		10,180
Minimum lease payments		$105,824		$105,824

(a)

System Energy [Member]

Schedule of Rent Expense

Rental Expenses



Year	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Millions)
2018		$6.2		$20.2		$4.6		$2.5		$3.1		$1.9
2017		$7.5		$23.0		$5.6		$2.5		$3.4		$2.2
2016		$8.0		$17.8		$4.0		$0.9		$2.8		$1.6

Present Value Of Future Minimum Lease Payments Sale Leaseback Transactions

As of December 31, 2018, System Energy, in connection with the Grand Gulf sale and leaseback transactions, had future minimum lease payments that are recorded as long-term debt, as follows, which reflects the effect of the December 2013 renewal:



	Amount
	(In Thousands)

2019		$17,188
2020	17,188
2021	17,188
2022	17,188
2023	17,188
Years thereafter	223,437
Total	309,377
Less: Amount representing interest	275,025
Present value of net minimum lease payments		$34,352