Entergy Texas (ETI-P) 10-Q 3 Aug 23 2023 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2023	Jul. 31, 2023
Entity Registrant Name	ENTERGY CORPORATION
City Area Code	504
Local Phone Number	576-4000
Entity Tax Identification Number	72-1229752
Entity File Number	1-11299
Entity Central Index Key	0000065984
Document Type	10-Q
Document Period End Date	Jun. 30, 2023
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Incorporation, State or Country Code	DE
Entity Address, State or Province	639 Loyola Avenue
Entity Address, City or Town	New Orleans
Entity Address, State or Province	LA
Entity Address, Postal Zip Code	70113
Entity Common Stock, Shares Outstanding		211,455,588
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Document Quarterly Report	true
Document Transition Report	false
NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ETR
Security Exchange Name	NYSE
Title of 12(b) Security	Common Stock, $0.01 Par Value
CHICAGO STOCK EXCHANGE, INC [Member]
Trading Symbol	ETR
Security Exchange Name	CHX
Title of 12(b) Security	Common Stock, $0.01 Par Value
Entergy Arkansas [Member]
Entity Registrant Name	ENTERGY ARKANSAS, LLC
City Area Code	501
Local Phone Number	377-4000
Entity Tax Identification Number	83-1918668
Entity File Number	1-10764
Entity Central Index Key	0000007323
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	TX
Entity Address, State or Province	425 West Capitol Avenue
Entity Address, City or Town	Little Rock
Entity Address, State or Province	AR
Entity Address, Postal Zip Code	72201
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entergy Louisiana [Member]
Entity Registrant Name	ENTERGY LOUISIANA, LLC
City Area Code	504
Local Phone Number	576-4000
Entity Tax Identification Number	47-4469646
Entity File Number	1-32718
Entity Central Index Key	0001348952
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	TX
Entity Address, State or Province	4809 Jefferson Highway
Entity Address, City or Town	Jefferson
Entity Address, State or Province	LA
Entity Address, Postal Zip Code	70121
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entergy Mississippi [Member]
Entity Registrant Name	ENTERGY MISSISSIPPI, LLC
City Area Code	601
Local Phone Number	368-5000
Entity Tax Identification Number	83-1950019
Entity File Number	1-31508
Entity Central Index Key	0000066901
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	TX
Entity Address, State or Province	308 East Pearl Street
Entity Address, City or Town	Jackson
Entity Address, State or Province	MS
Entity Address, Postal Zip Code	39201
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entergy New Orleans [Member]
Entity Registrant Name	ENTERGY NEW ORLEANS, LLC
City Area Code	504
Local Phone Number	670-3702
Entity Tax Identification Number	82-2212934
Entity File Number	1-35747
Entity Central Index Key	0000071508
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	TX
Entity Address, State or Province	1600 Perdido Street
Entity Address, City or Town	New Orleans
Entity Address, State or Province	LA
Entity Address, Postal Zip Code	70112
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entergy Texas [Member]
Entity Registrant Name	ENTERGY TEXAS, INC.
City Area Code	409
Local Phone Number	981-2000
Entity Tax Identification Number	61-1435798
Entity File Number	1-34360
Entity Central Index Key	0001427437
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	TX
Entity Address, State or Province	2107 Research Forest Drive
Entity Address, City or Town	The Woodlands
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77380
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
System Energy [Member]
Entity Registrant Name	SYSTEM ENERGY RESOURCES, INC.
City Area Code	601
Local Phone Number	368-5000
Entity Tax Identification Number	72-0752777
Entity File Number	1-09067
Entity Central Index Key	0000202584
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	AR
Entity Address, State or Province	1340 Echelon Parkway
Entity Address, City or Town	Jackson
Entity Address, State or Province	MS
Entity Address, Postal Zip Code	39213
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Mortgage Bonds, Five Point Five Percent Series, Due April Two Thousand Sixty Six [Member] | Entergy New Orleans [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ENO
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 5.50% Series due April 2066
Mortgage Bonds 5.0 Series Due December Two Thousand Fifty Two [Member] | Entergy New Orleans [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ENJ
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 5.0% Series due December 2052
Mortgage Bonds, Four Point Nine Zero Percent Series, Due October Two Thousand Sixty Six [Member] | Entergy Mississippi [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	EMP
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 4.90% Series due October 2066
Four Point Eight Seven Five Percent Series First Mortgage Bonds Due September Two Thousand Sixty Six [Member] | Entergy Arkansas [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	EAI
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 4.875% Series due September 2066
Four Point Eight Seven Five Percent Series First Mortgage Bonds Due September Two Thousand Sixty Six [Member] | Entergy Louisiana [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ELC
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 4.875% Series due September 2066
5.375% Series A Preferred Stock, Cumulative, No Par Value [Domain] | Entergy Texas [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ETI/PR
Security Exchange Name	NYSE
Title of 12(b) Security	5.375% Series A Preferred Stock, Cumulative, No Par Value (Liquidation Value $25 Per Share)

Consolidated Statements Of Inco

Consolidated Statements Of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,846,026	$ 3,395,196	$ 5,827,085	$ 6,273,122
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	583,717	651,946	1,482,100	1,318,885
Utilities Operating Expense, Purchased Power	206,536	570,627	444,823	840,251
Nuclear refueling outage expenses	34,785	36,917	72,018	79,918
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	659,894	777,715	1,291,421	1,456,529
Asset Impairment Charges	0	(164,066)	0	(163,321)
Decommissioning	51,152	62,859	101,644	124,907
Taxes, Other	183,578	172,244	369,015	352,392
Other Depreciation and Amortization	468,938	444,759	922,855	883,731
Other regulatory charges (credits) - net	(98,501)	761,063	(74,827)	732,638
Costs and Expenses	2,090,099	3,314,064	4,609,049	5,625,930
OPERATING INCOME	755,927	81,132	1,218,036	647,192
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	24,867	13,568	48,013	29,440
Investment Income, Net	45,428	(99,049)	93,687	(120,968)
Miscellaneous - net	(48,544)	35,578	(102,997)	43,182
TOTAL	21,751	(49,903)	38,703	(48,346)
INTEREST EXPENSE
Interest Expense, Debt	261,349	231,613	516,678	459,235
Allowance for borrowed funds used during construction	(10,481)	(4,752)	(20,072)	(10,848)
TOTAL	250,868	226,861	496,606	448,387
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	526,810	(195,632)	760,133	150,459
Income taxes	134,796	(359,643)	55,821	(293,145)
Consolidated net income	392,014	164,011	704,312	443,604
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	$ 770	$ 4,308	$ 2,133	$ 7,501
Earnings per average common share:
Basic (in dollars per share)	$ 1.85	$ 0.79	$ 3.32	$ 2.15
Diluted (in dollars per share)	$ 1.84	$ 0.78	$ 3.31	$ 2.13
Basic average number of common shares outstanding (in shares)	211,449,211	203,383,199	211,400,230	203,164,628
Diluted average number of common shares outstanding (in shares)	212,201,529	204,712,242	212,173,254	204,291,597
Net Income (Loss) Available to Common Stockholders, Basic	$ 391,244	$ 159,703	$ 702,179	$ 436,103
Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	2,785,244	3,258,255	5,668,654	5,914,031
Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	33,503	48,008	98,084	120,369
Competitive Businesses [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	27,279	88,933	60,347	238,722
Entergy Mississippi [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	445,130	405,459	857,558	754,488
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	140,530	43,671	301,815	110,948
Utilities Operating Expense, Purchased Power	59,140	89,346	122,954	150,558
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	68,600	74,898	138,418	140,709
Taxes, Other	35,301	32,484	71,035	65,214
Other Depreciation and Amortization	65,346	60,618	129,375	120,702
Other regulatory charges (credits) - net	(25,947)	23,853	(58,790)	27,760
Costs and Expenses	342,970	324,870	704,807	615,891
OPERATING INCOME	102,160	80,589	152,751	138,597
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	2,169	1,495	4,053	2,573
Investment Income, Net	1,319	34	1,783	98
Miscellaneous - net	(3,438)	990	(5,521)	(164)
TOTAL	50	2,519	315	2,507
INTEREST EXPENSE
Interest Expense, Debt	25,433	21,003	49,377	41,437
Allowance for borrowed funds used during construction	(902)	(658)	(1,685)	(1,123)
TOTAL	24,531	20,345	47,692	40,314
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	77,679	62,763	105,374	100,790
Income taxes	19,414	13,808	26,169	21,481
Consolidated net income	58,265	48,955	79,205	79,309
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	(3,623)	0	(5,764)	0
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	61,888	48,955	84,969	79,309
Entergy Mississippi [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	445,130	405,459	857,558	754,488
Entergy Mississippi [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Arkansas [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	616,347	696,939	1,199,096	1,255,895
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	102,350	202,795	215,859	289,020
Utilities Operating Expense, Purchased Power	57,648	50,209	122,399	107,680
Nuclear refueling outage expenses	15,504	14,210	30,845	28,280
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	178,044	187,319	334,863	344,576
Decommissioning	21,667	20,428	43,017	40,557
Taxes, Other	34,743	32,072	67,094	65,274
Other Depreciation and Amortization	99,707	96,548	196,148	192,158
Other regulatory charges (credits) - net	(19,185)	(21,518)	(40,029)	(42,060)
Costs and Expenses	490,478	582,063	970,196	1,025,485
OPERATING INCOME	125,869	114,876	228,900	230,410
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	5,400	3,920	10,243	6,975
Investment Income, Net	5,727	2,840	13,206	9,160
Miscellaneous - net	(6,239)	(4,892)	(8,340)	(10,284)
TOTAL	4,888	1,868	15,109	5,851
INTEREST EXPENSE
Interest Expense, Debt	46,038	37,452	91,405	73,499
Allowance for borrowed funds used during construction	(2,169)	(1,558)	(4,114)	(2,772)
TOTAL	43,869	35,894	87,291	70,727
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	86,888	80,850	156,718	165,534
Income taxes	19,940	17,740	30,374	36,857
Consolidated net income	66,948	63,110	126,344	128,677
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	(1,006)	(529)	(2,635)	(1,916)
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	67,954	63,639	128,979	130,593
Entergy Arkansas [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	616,347	696,939	1,199,096	1,255,895
Entergy Arkansas [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Louisiana [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	1,205,612	1,515,785	2,550,820	2,781,757
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	230,365	253,505	605,635	615,579
Utilities Operating Expense, Purchased Power	133,376	420,549	328,310	596,746
Nuclear refueling outage expenses	12,588	10,029	27,861	21,976
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	249,717	293,746	496,088	547,747
Decommissioning	18,820	17,911	37,406	35,599
Taxes, Other	61,663	58,566	125,618	120,181
Other Depreciation and Amortization	181,247	171,719	357,342	340,802
Other regulatory charges (credits) - net	(24,767)	203,461	49,229	182,564
Costs and Expenses	863,009	1,429,486	2,027,489	2,461,194
OPERATING INCOME	342,603	86,299	523,331	320,563
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	8,654	2,859	17,715	9,585
Investment Income, Net	31,880	(68,382)	60,723	(84,380)
Miscellaneous - net	(42,583)	36,986	(90,668)	52,503
TOTAL	79,828	14,666	125,073	52,809
INTEREST EXPENSE
Interest Expense, Debt	94,931	92,755	192,102	186,539
Allowance for borrowed funds used during construction	(4,321)	(1,218)	(8,714)	(4,244)
TOTAL	90,610	91,537	183,388	182,295
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	331,821	9,428	465,016	191,077
Income taxes	68,561	(307,231)	(42,268)	(276,442)
Consolidated net income	263,260	316,659	507,284	467,519
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	819	258	1,373	258
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	262,441	316,401	505,911	467,261
Entergy Louisiana [Member] | Affiliated Entity
OTHER INCOME (DEDUCTIONS)
Investment Income, Net	81,877	43,203	137,303	75,101
Entergy Louisiana [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	1,191,909	1,497,942	2,511,661	2,735,179
Entergy Louisiana [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	13,703	17,843	39,159	46,578
Entergy New Orleans [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	188,016	254,249	396,836	452,521
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	18,974	54,815	70,998	98,212
Utilities Operating Expense, Purchased Power	65,929	83,088	132,549	139,558
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	38,961	43,715	72,188	77,367
Taxes, Other	14,480	14,444	30,904	28,433
Other Depreciation and Amortization	20,064	17,951	39,639	37,766
Other regulatory charges (credits) - net	2,288	5,354	1,187	9,539
Costs and Expenses	160,696	219,367	347,465	390,875
OPERATING INCOME	27,320	34,882	49,371	61,646
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	280	(449)	730	(80)
Investment Income, Net	2,400	68	4,451	92
Miscellaneous - net	(517)	1,221	(744)	950
TOTAL	2,163	840	4,437	962
INTEREST EXPENSE
Interest Expense, Debt	10,003	8,698	19,622	17,392
Allowance for borrowed funds used during construction	(136)	159	(355)	(40)
TOTAL	9,867	8,857	19,267	17,352
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	19,616	26,865	34,541	45,256
Income taxes	5,759	7,319	10,542	10,584
Consolidated net income	13,857	19,546	23,999	34,672
Entergy New Orleans [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	168,216	224,084	337,911	378,730
Entergy New Orleans [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	19,800	30,165	58,925	73,791
Entergy Texas [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	464,430	564,591	971,936	1,037,073
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	63,526	60,855	231,056	134,775
Utilities Operating Expense, Purchased Power	112,883	195,016	220,641	356,106
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	63,071	72,589	127,501	147,566
Taxes, Other	28,717	23,482	56,713	43,931
Other Depreciation and Amortization	66,009	57,248	125,400	113,309
Other regulatory charges (credits) - net	1,526	22,399	12,450	35,845
Costs and Expenses	335,732	431,589	773,761	831,532
OPERATING INCOME	128,698	133,002	198,175	205,541
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	6,760	3,163	11,849	5,759
Investment Income, Net	846	347	2,263	535
Miscellaneous - net	(1,941)	(409)	(1,502)	(102)
TOTAL	5,665	3,101	12,610	6,192
INTEREST EXPENSE
Interest Expense, Debt	26,847	23,101	53,809	44,013
Allowance for borrowed funds used during construction	(2,517)	(1,067)	(4,413)	(1,932)
TOTAL	24,330	22,034	49,396	42,081
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	110,033	114,069	161,389	169,652
Income taxes	21,576	16,584	31,259	21,764
Consolidated net income	88,457	97,485	130,130	147,888
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	518	518	1,036	1,036
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	87,939	96,967	129,094	146,852
Entergy Texas [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	464,430	564,591	971,936	1,037,073
Entergy Texas [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
System Energy [Member]
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	18,783	11,610	37,630	19,533
Nuclear refueling outage expenses	6,692	5,320	13,311	11,247
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	46,986	54,685	97,186	98,589
Decommissioning	10,391	10,016	20,678	19,933
Taxes, Other	7,728	7,150	15,010	15,001
Other Depreciation and Amortization	35,303	37,777	72,440	67,700
Other regulatory charges (credits) - net	(32,415)	527,515	(38,874)	518,991
Costs and Expenses	93,468	654,073	217,381	750,994
OPERATING INCOME	44,916	(490,201)	92,575	(445,746)
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	1,605	2,581	3,423	4,628
Investment Income, Net	1,638	(8,959)	7,402	(3,727)
Miscellaneous - net	(1,613)	(2,741)	(10,691)	(4,380)
TOTAL	1,630	(9,119)	134	(3,479)
INTEREST EXPENSE
Interest Expense, Debt	13,635	9,112	24,126	18,593
Allowance for borrowed funds used during construction	(436)	(409)	(791)	(736)
TOTAL	13,199	8,703	23,335	17,857
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	33,347	(508,023)	69,374	(467,082)
Income taxes	7,588	(127,875)	16,070	(118,366)
Consolidated net income	25,759	(380,148)	53,304	(348,716)
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	25,759	(380,148)	53,304	(348,716)
System Energy [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	$ 138,384	$ 163,872	$ 309,956	$ 305,248

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
OPERATING ACTIVITIES
Consolidated net income	$ 704,312	$ 443,604
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	1,116,843	1,113,954
Deferred income taxes, investment tax credits, and non-current taxes accrued	43,502	(274,139)
Impairment of Long-Lived Assets Held-for-use	0	(163,321)
Changes in working capital:
Receivables	65,259	(224,499)
Fuel inventory	(43,493)	16,381
Accounts payable	(267,820)	42,915
Taxes accrued	(25,080)	(420)
Interest accrued	6,807	(11,947)
Deferred fuel costs	563,610	(667,247)
Other working capital accounts	(148,738)	(136,853)
Changes in provisions for estimated losses	(16,564)	295,987
Changes in other regulatory assets	391,188	724,227
Increase (Decrease) in Regulatory Liabilities	308,058	15,788
Storm restoration costs approved for securitization recognized as regulatory asset	(491,150)	(1,036,955)
Changes in pension and other postretirement liabilities	(128,379)	(167,682)
Other Operating Activities, Cash Flow Statement	(252,383)	846,170
Net cash flow provided by operating activities	1,825,972	815,963
INVESTING ACTIVITIES
Construction/capital expenditures	(2,311,465)	(2,720,596)
Allowance for equity funds used during construction	48,013	29,440
Nuclear fuel purchases	(134,698)	(114,843)
Payments for Nuclear Fuel	(134,698)	(114,843)
Proceeds from insurance	6,184	0
Proceeds from Legal Settlements	0	9,829
Payments to storm reserve escrow account	(9,080)	(1,290,314)
Decrease (increase) in other investments	262	(36,057)
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	17,933	32,367
Proceeds from nuclear decommissioning trust fund sales	435,903	1,099,503
Investment in nuclear decommissioning trust funds	(486,853)	(1,121,635)
Changes in securitization account	7,803	337
Net cash flow used in investing activities	(2,445,431)	(3,223,982)
Payments for (Proceeds from) Other Investing Activities	(262)	36,057
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	(2,489,886)	(3,851,061)
Proceeds from Sale of Treasury Stock	4,078	26,952
Retirement of long-term debt	(2,273,773)	(4,293,423)
Proceeds from securitization	1,457,676	3,163,572
Dividends paid:
Common stock	(452,442)	(410,466)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	9,159	9,159
Other	66,898	10,523
Net cash flow provided by financing activities	1,589,637	2,545,349
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	970,178	137,330
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	1,194,342	579,889
Cash paid / (received) during the period for:
Interest - net of amount capitalized	490,201	454,666
Income taxes	31,231	(7,485)
Proceeds from (Repayments of) Short-Term Debt	280,765	196,694
Proceeds from Sale of Restricted Investments	0	1,000,218
Payments to Acquire Productive Assets	(30,433)	(105,149)
Net proceeds (payments) from sale of assets	11,000	(7,082)
Proceeds from Noncontrolling Interests	25,708	9,595
Entergy Arkansas [Member]
OPERATING ACTIVITIES
Consolidated net income	126,344	128,677
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	270,098	268,699
Deferred income taxes, investment tax credits, and non-current taxes accrued	33,572	27,814
Changes in working capital:
Receivables	21,444	(95,608)
Fuel inventory	(6,830)	7,316
Accounts payable	(43,953)	34,321
Taxes accrued	(4,315)	14,824
Interest accrued	10,421	1,585
Deferred fuel costs	123,264	(2,384)
Other working capital accounts	(30,581)	13,458
Changes in provisions for estimated losses	(26,606)	(4,119)
Changes in other regulatory assets	(51,960)	(30,484)
Increase (Decrease) in Regulatory Liabilities	97,349	(267,437)
Changes in pension and other postretirement liabilities	(18,948)	(31,762)
Other Operating Activities, Cash Flow Statement	(91,600)	321,622
Net cash flow provided by operating activities	407,699	386,522
INVESTING ACTIVITIES
Construction/capital expenditures	(524,723)	(351,907)
Allowance for equity funds used during construction	10,243	6,975
Nuclear fuel purchases	(73,912)	(53,256)
Payments for Nuclear Fuel	(73,912)	(53,256)
Proceeds from sale of nuclear fuel	17,614	37,198
Change in money pool receivable - net	0	(6,216)
Decrease (increase) in other investments	106	0
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	17,933	0
Proceeds from nuclear decommissioning trust fund sales	54,469	101,428
Investment in nuclear decommissioning trust funds	(65,584)	(111,032)
Net cash flow used in investing activities	(563,854)	(376,810)
Payments for (Proceeds from) Other Investing Activities	(106)	0
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	(661,923)	(223,882)
Retirement of long-term debt	(394,810)	(7,511)
Change in money pool payable - net	(28,468)	(139,904)
Dividends paid:
Common stock	(89,000)	(36,000)
Other	5,445	(4,825)
Net cash flow provided by financing activities	155,090	35,642
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(1,065)	45,354
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	4,213	58,269
Cash paid / (received) during the period for:
Interest - net of amount capitalized	79,716	70,803
Entergy Louisiana [Member]
OPERATING ACTIVITIES
Consolidated net income	507,284	467,519
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	423,535	414,975
Deferred income taxes, investment tax credits, and non-current taxes accrued	185	(198,525)
Changes in working capital:
Receivables	67,807	(114,357)
Fuel inventory	(14,907)	(183)
Accounts payable	(147,001)	(20,380)
Taxes accrued	48,015	(1,686)
Interest accrued	(5,396)	(3,263)
Deferred fuel costs	188,801	(367,321)
Other working capital accounts	(213,571)	(107,409)
Changes in provisions for estimated losses	3,909	294,067
Changes in other regulatory assets	448,144	859,908
Increase (Decrease) in Regulatory Liabilities	217,746	(40,596)
Storm restoration costs approved for securitization recognized as regulatory asset	(491,150)	(1,190,338)
Changes in pension and other postretirement liabilities	(12,364)	(17,123)
Other Operating Activities, Cash Flow Statement	(92,977)	231,425
Net cash flow provided by operating activities	928,060	206,713
INVESTING ACTIVITIES
Construction/capital expenditures	(889,118)	(1,565,051)
Allowance for equity funds used during construction	17,715	9,585
Nuclear fuel purchases	(88,403)	(77,561)
Payments for Nuclear Fuel	(88,403)	(77,561)
Proceeds from sale of nuclear fuel	16,733	37,634
Change in money pool receivable - net	(275,559)	7,162
Proceeds from insurance	6,184	0
Proceeds from Legal Settlements	0	5,695
Payments to storm reserve escrow account	(6,602)	(1,290,282)
Payments to Acquire Interest in Subsidiaries and Affiliates	1,457,676	3,163,572
Decrease (increase) in other investments	396	0
Proceeds from nuclear decommissioning trust fund sales	229,972	411,600
Investment in nuclear decommissioning trust funds	(258,420)	(419,873)
Net cash flow used in investing activities	(2,658,135)	(3,653,859)
Payments for (Proceeds from) Other Investing Activities	(396)	0
Proceeds from (Repurchase of) Equity	46,643	1,390,587
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	(833,484)	(1,777,192)
Retirement of long-term debt	(851,617)	(2,327,116)
Proceeds from securitization	1,457,676	3,163,572
Proceeds from Contributed Capital	1,457,676	1,000,000
Change in money pool payable - net	(226,114)	0
Dividends paid:
Common stock	(160,250)	(125,000)
Other	19,633	6,096
Net cash flow provided by financing activities	2,530,488	3,494,744
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	800,413	47,598
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	857,026	66,171
Cash paid / (received) during the period for:
Interest - net of amount capitalized	192,861	183,686
Income taxes	(6,037)	0
Proceeds from Sale of Restricted Investments	0	1,000,217
Entergy Mississippi [Member]
OPERATING ACTIVITIES
Consolidated net income	79,205	79,309
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	129,375	120,702
Deferred income taxes, investment tax credits, and non-current taxes accrued	26,736	17,628
Changes in working capital:
Receivables	(6,155)	(38,137)
Fuel inventory	(5,919)	(5,352)
Accounts payable	(32,930)	23,252
Taxes accrued	(45,044)	(36,021)
Interest accrued	(724)	498
Deferred fuel costs	149,189	(124,752)
Other working capital accounts	(25,035)	(36,211)
Changes in provisions for estimated losses	1,731	(194)
Changes in other regulatory assets	(39,846)	3,332
Increase (Decrease) in Regulatory Liabilities	(55,443)	15,441
Changes in pension and other postretirement liabilities	(8,261)	(8,004)
Other Operating Activities, Cash Flow Statement	6,669	8,913
Net cash flow provided by operating activities	173,548	20,404
INVESTING ACTIVITIES
Construction/capital expenditures	(276,530)	(230,683)
Allowance for equity funds used during construction	4,053	2,573
Change in money pool receivable - net	26,879	37,472
Decrease (increase) in other investments	(686)	(31)
Net cash flow used in investing activities	(276,717)	(295,818)
Payments for (Proceeds from) Other Investing Activities	686	31
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	(396,861)	(249,746)
Retirement of long-term debt	(400,000)	0
Change in money pool payable - net	104,624	0
Dividends paid:
Common stock	(40,000)	0
Other	7,450	(5,446)
Net cash flow provided by financing activities	94,643	253,895
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(8,526)	(21,519)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	8,453	26,108
Cash paid / (received) during the period for:
Interest - net of amount capitalized	48,771	39,620
Payments to Acquire Productive Assets	(30,433)	(105,149)
Proceeds from Noncontrolling Interests	25,708	9,595
Entergy New Orleans [Member]
OPERATING ACTIVITIES
Consolidated net income	23,999	34,672
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	39,639	37,766
Deferred income taxes, investment tax credits, and non-current taxes accrued	10,247	16,265
Changes in working capital:
Receivables	23,357	9,240
Fuel inventory	3,868	(844)
Accounts payable	(24,536)	3,909
Taxes accrued	(657)	(2,524)
Interest accrued	194	(361)
Deferred fuel costs	4,315	(31,599)
Other working capital accounts	(14,016)	(9,725)
Changes in provisions for estimated losses	3,550	6,319
Changes in other regulatory assets	2,930	24,541
Increase (Decrease) in Regulatory Liabilities	30,722	(15,456)
Changes in pension and other postretirement liabilities	(2,454)	(4,741)
Other Operating Activities, Cash Flow Statement	(208)	(11,839)
Net cash flow provided by operating activities	100,950	55,623
INVESTING ACTIVITIES
Construction/capital expenditures	(88,480)	(115,552)
Allowance for equity funds used during construction	730	(80)
Change in money pool receivable - net	101,767	33,473
Decrease (increase) in other investments	(1,672)	0
Changes in securitization account	555	259
Net cash flow used in investing activities	12,900	(81,900)
Payments for (Proceeds from) Other Investing Activities	1,672	0
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	(14,641)	0
Retirement of long-term debt	(6,073)	(5,916)
Dividends paid:
Other	(511)	682
Net cash flow provided by financing activities	23,057	9,766
Proceeds from Contribution in Aid of Construction	15,000	15,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	136,907	(16,511)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	141,371	26,351
Cash paid / (received) during the period for:
Interest - net of amount capitalized	18,719	17,055
Income taxes	2	0
Entergy Texas [Member]
OPERATING ACTIVITIES
Consolidated net income	130,130	147,888
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	125,400	113,309
Deferred income taxes, investment tax credits, and non-current taxes accrued	23,480	24,421
Changes in working capital:
Receivables	12,534	(55,237)
Fuel inventory	(18,082)	16,888
Accounts payable	(5,725)	79,801
Taxes accrued	(45,549)	(7,158)
Interest accrued	(604)	1,923
Deferred fuel costs	98,042	(141,192)
Other working capital accounts	3,129	2,388
Changes in provisions for estimated losses	455	(10)
Changes in other regulatory assets	(19,688)	(143,294)
Increase (Decrease) in Regulatory Liabilities	(9,929)	(14,444)
Storm restoration costs approved for securitization recognized as regulatory asset	0	153,383
Changes in pension and other postretirement liabilities	(4,191)	(9,475)
Other Operating Activities, Cash Flow Statement	18,864	2,536
Net cash flow provided by operating activities	308,266	171,727
INVESTING ACTIVITIES
Construction/capital expenditures	(448,550)	(304,702)
Allowance for equity funds used during construction	11,849	5,759
Change in money pool receivable - net	98,569	(1,643)
Proceeds from Legal Settlements	0	4,134
Decrease (increase) in other investments	86	(30,000)
Changes in securitization account	7,248	79
Net cash flow used in investing activities	(319,798)	(326,373)
Payments for (Proceeds from) Other Investing Activities	(86)	30,000
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	0	(286,842)
Retirement of long-term debt	(8,856)	(29,064)
Change in money pool payable - net	0	(79,594)
Dividends paid:
Other	20,749	33
Net cash flow provided by financing activities	10,857	177,193
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(675)	22,547
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	2,822	22,575
Cash paid / (received) during the period for:
Interest - net of amount capitalized	53,019	40,816
Income taxes	30,500	1,085
Dividends Paid, Preferred Stock	(1,036)	(1,024)
Proceeds from Sale of Productive Assets	11,000	0
System Energy [Member]
OPERATING ACTIVITIES
Consolidated net income	53,304	(348,716)
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	125,741	104,296
Deferred income taxes, investment tax credits, and non-current taxes accrued	17,865	(124,202)
Changes in working capital:
Receivables	13,558	(14,753)
Accounts payable	(26,332)	(27,368)
Taxes accrued	(10,704)	(2,664)
Interest accrued	3,035	(247)
Other working capital accounts	5,569	(41,234)
Changes in other regulatory assets	(16,683)	(22,768)
Increase (Decrease) in Regulatory Liabilities	27,611	338,280
Changes in pension and other postretirement liabilities	(4,758)	(7,494)
Other Operating Activities, Cash Flow Statement	(127,635)	229,515
Net cash flow provided by operating activities	60,571	82,645
INVESTING ACTIVITIES
Construction/capital expenditures	(54,140)	(100,953)
Allowance for equity funds used during construction	3,423	4,628
Nuclear fuel purchases	(31,822)	(77,704)
Payments for Nuclear Fuel	(31,822)	(77,704)
Proceeds from sale of nuclear fuel	25,091	18,845
Change in money pool receivable - net	80,101	60,334
Decrease (increase) in other investments	(4)	0
Proceeds from nuclear decommissioning trust fund sales	151,463	177,584
Investment in nuclear decommissioning trust funds	(162,850)	(176,735)
Net cash flow used in investing activities	11,262	(94,001)
Payments for (Proceeds from) Other Investing Activities	4	0
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	(585,898)	(556,696)
Retirement of long-term debt	(612,416)	(499,816)
Dividends paid:
Net cash flow provided by financing activities	(26,518)	56,880
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	45,315	45,524
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	48,255	134,725
Cash paid / (received) during the period for:
Interest - net of amount capitalized	$ 20,289	$ 19,454

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Cash and cash equivalents:
Cash	$ 67,721	$ 115,290
Temporary cash investments	1,126,621	108,874
Total cash and cash equivalents	1,194,342	224,164
Accounts receivable:
Customer	646,767	788,552
Allowance for doubtful accounts	(21,840)	(30,856)
Other	213,773	241,702
Accrued unbilled revenues	591,298	495,859
Total accounts receivable	1,429,998	1,495,257
Deferred Fuel Cost	182,387	710,401
Fuel inventory - at average cost	191,125	147,632
Public Utilities, Inventory	1,307,737	1,183,308
Deferred nuclear refueling outage costs	163,187	143,653
Prepaid Expense and Other Assets	223,838	190,611
TOTAL	4,692,614	4,095,026
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	4,560,006	4,121,864
Non-utility property - at cost (less accumulated depreciation)	416,431	366,405
Storm Reserve Escrow Account	411,035	401,955
Other	99,851	102,259
TOTAL	5,487,323	4,992,483
PROPERTY, PLANT, AND EQUIPMENT
Electric	65,268,344	64,646,911
Natural gas	705,566	691,970
Construction work in progress	2,190,958	1,844,171
Nuclear fuel	596,045	582,119
TOTAL PROPERTY, PLANT, AND EQUIPMENT	68,760,913	67,765,171
Less - accumulated depreciation and amortization	25,902,180	25,288,047
PROPERTY, PLANT, AND EQUIPMENT - NET	42,858,733	42,477,124
Regulatory assets:
Regulatory Assets, Noncurrent	5,645,209	6,036,397
Deferred Fuel Cost Non Current	241,085	241,085
Goodwill	377,172	377,172
Deferred Income Tax Assets, Net	69,912	84,100
Other	345,188	291,804
Deferred Costs and Other Assets	6,678,566	7,030,558
TOTAL ASSETS	59,717,236	58,595,191
CURRENT LIABILITIES
Currently maturing long-term debt	1,849,046	2,309,037
Short-term borrowings	1,108,386	827,621
Accounts payable	1,523,747	1,777,590
Contract with Customer, Liability, Current	434,462	424,723
Taxes Payable, Current	399,011	424,091
Interest accrued	202,071	195,264
Deferred fuel costs	35,596	0
Pension and other postretirement liabilities	89,074	104,845
Sale-leaseback/depreciation regulatory liability	0	103,497
Other	239,889	202,779
TOTAL	5,881,282	6,369,447
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	4,871,117	4,818,837
Accumulated deferred investment tax credits	206,966	211,220
Regulatory liability for income taxes - net	1,225,578	1,258,276
Other regulatory liabilities	2,768,843	2,324,590
Decommissioning and asset retirement cost liabilities	4,383,482	4,271,531
Loss Contingency Accrual	514,637	531,201
Pension and other postretirement liabilities	1,100,947	1,213,555
Long-term debt	24,321,681	23,623,512
Deferred Credits and Other Liabilities	855,748	688,720
TOTAL	40,248,999	38,941,442
Subsidiaries' preferred stock without sinking fund	219,410	219,410
Proceeds from Issuance of Preferred Stock and Preference Stock	0	0
Common Shareholders' Equity:
Common Stock, Value, Issued	2,797	2,797
Additional Paid in Capital, Common Stock	7,634,305	7,632,895
Accumulated other comprehensive loss	(193,019)	(191,754)
Less - treasury stock, at cost	4,958,795	4,978,994
TOTAL	13,237,066	12,966,985
Stockholders' Equity Attributable to Noncontrolling Interest	130,479	97,907
Retained Earnings (Accumulated Deficit)	10,751,778	10,502,041
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	13,367,545	13,064,892
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	59,717,236	58,595,191
Entergy Arkansas [Member]
Cash and cash equivalents:
Cash	352	1,911
Temporary cash investments	3,861	3,367
Total cash and cash equivalents	4,213	5,278
Accounts receivable:
Customer	138,675	140,513
Allowance for doubtful accounts	(5,236)	(6,528)
Other	69,155	101,096
Accrued unbilled revenues	135,114	116,816
Total accounts receivable	375,789	397,233
Deferred Fuel Cost	16,475	139,739
Fuel inventory - at average cost	57,974	51,144
Public Utilities, Inventory	318,400	288,260
Deferred nuclear refueling outage costs	65,057	56,443
Prepaid Expense and Other Assets	50,866	26,576
TOTAL	888,774	964,673
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,326,627	1,199,860
Other	2,306	2,414
TOTAL	1,328,933	1,202,274
PROPERTY, PLANT, AND EQUIPMENT
Electric	14,475,635	14,077,844
Construction work in progress	476,253	417,244
Nuclear fuel	177,770	176,174
TOTAL PROPERTY, PLANT, AND EQUIPMENT	15,129,658	14,671,262
Less - accumulated depreciation and amortization	5,879,574	5,729,304
PROPERTY, PLANT, AND EQUIPMENT - NET	9,250,084	8,941,958
Regulatory assets:
Regulatory Assets, Noncurrent	1,862,241	1,810,281
Deferred Fuel Cost Non Current	68,883	68,883
Other	23,784	18,507
Deferred Costs and Other Assets	1,954,908	1,897,671
TOTAL ASSETS	13,422,699	13,006,576
CURRENT LIABILITIES
Currently maturing long-term debt	415,000	290,000
Accounts Payable	212,328	276,362
Accounts payable	307,962	310,339
Contract with Customer, Liability, Current	106,383	102,799
Taxes Payable, Current	96,211	100,526
Interest accrued	29,237	18,816
Other	64,726	43,394
TOTAL	1,231,847	1,142,236
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	1,539,103	1,498,234
Accumulated deferred investment tax credits	27,871	28,472
Regulatory liability for income taxes - net	424,591	435,157
Other regulatory liabilities	583,673	475,758
Decommissioning and asset retirement cost liabilities	1,515,753	1,472,736
Loss Contingency Accrual	53,392	79,998
Pension and other postretirement liabilities	99,010	118,020
Long-term debt	4,023,803	3,876,500
Deferred Credits and Other Liabilities	104,713	97,650
TOTAL	8,371,909	8,082,525
Common Shareholders' Equity:
Members' Equity	3,793,970	3,753,990
Members' Equity Attributable to Noncontrolling Interest	24,973	27,825
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	3,818,943	3,781,815
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	13,422,699	13,006,576
Entergy Arkansas [Member] | Affiliated Entity
Accounts receivable:
Customer	38,081	45,336
Entergy Louisiana [Member]
Cash and cash equivalents:
Cash	260	50,318
Temporary cash investments	856,766	6,295
Total cash and cash equivalents	857,026	56,613
Accounts receivable:
Customer	246,351	339,291
Allowance for doubtful accounts	(4,871)	(7,595)
Other	51,940	53,241
Accrued unbilled revenues	238,146	199,077
Total accounts receivable	880,662	672,910
Deferred Fuel Cost	0	159,183
Fuel inventory - at average cost	56,766	41,859
Public Utilities, Inventory	620,627	555,860
Deferred nuclear refueling outage costs	78,449	53,833
Prepaid Expense and Other Assets	208,093	76,646
TOTAL	2,701,623	1,616,904
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,973,128	1,779,090
Non-utility property - at cost (less accumulated depreciation)	401,134	350,723
Storm Reserve Escrow Account	300,008	293,406
Other	14,270	19,679
TOTAL	7,263,145	5,606,470
PROPERTY, PLANT, AND EQUIPMENT
Electric	27,191,346	27,498,136
Natural gas	308,598	301,719
Construction work in progress	689,520	736,969
Nuclear fuel	272,045	212,941
TOTAL PROPERTY, PLANT, AND EQUIPMENT	28,461,509	28,749,765
Less - accumulated depreciation and amortization	10,261,350	10,087,942
PROPERTY, PLANT, AND EQUIPMENT - NET	18,200,159	18,661,823
Regulatory assets:
Regulatory Assets, Noncurrent	1,608,035	2,056,179
Deferred Fuel Cost Non Current	168,122	168,122
Other	39,389	35,057
Deferred Costs and Other Assets	1,815,546	2,259,358
TOTAL ASSETS	29,980,473	28,144,555
CURRENT LIABILITIES
Currently maturing long-term debt	1,010,000	1,010,000
Accounts Payable	90,509	356,688
Accounts payable	452,457	589,355
Contract with Customer, Liability, Current	165,813	161,666
Taxes Payable, Current	84,019	36,004
Interest accrued	95,940	101,336
Deferred fuel costs	29,618	0
Other	99,325	72,525
TOTAL	2,027,681	2,327,574
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	2,368,751	2,374,878
Accumulated deferred investment tax credits	95,555	97,868
Regulatory liability for income taxes - net	328,105	337,836
Other regulatory liabilities	1,265,439	1,037,962
Decommissioning and asset retirement cost liabilities	1,780,412	1,736,801
Loss Contingency Accrual	320,223	316,314
Pension and other postretirement liabilities	377,536	389,631
Long-term debt	9,677,807	9,688,922
Deferred Credits and Other Liabilities	429,271	343,321
TOTAL	16,643,099	16,323,533
Common Shareholders' Equity:
Accumulated other comprehensive loss	52,811	55,370
Members' Equity	11,209,667	9,406,343
Members' Equity Attributable to Noncontrolling Interest	47,215	31,735
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	11,309,693	9,493,448
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	29,980,473	28,144,555
Entergy Louisiana [Member] | Affiliated Entity
Accounts receivable:
Customer	349,096	88,896
Investments in and Advances to Affiliates, at Fair Value	4,574,605	3,163,572
Entergy Mississippi [Member]
Cash and cash equivalents:
Cash	26	26
Temporary cash investments	8,427	16,953
Total cash and cash equivalents	8,453	16,979
Accounts receivable:
Customer	112,206	99,504
Allowance for doubtful accounts	(2,371)	(2,472)
Other	17,369	34,564
Accrued unbilled revenues	87,090	73,473
Total accounts receivable	222,018	242,742
Deferred Fuel Cost	0	143,211
Fuel inventory - at average cost	21,467	15,548
Public Utilities, Inventory	95,976	84,346
Prepaid Expense and Other Assets	13,735	9,603
TOTAL	361,649	512,429
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	4,504	4,512
Storm Reserve Escrow Account	34,304	33,549
Other	841	910
TOTAL	39,649	38,971
PROPERTY, PLANT, AND EQUIPMENT
Electric	7,288,046	7,079,849
Construction work in progress	236,022	170,191
TOTAL PROPERTY, PLANT, AND EQUIPMENT	7,524,068	7,250,040
Less - accumulated depreciation and amortization	2,351,620	2,264,786
PROPERTY, PLANT, AND EQUIPMENT - NET	5,172,448	4,985,254
Regulatory assets:
Regulatory Assets, Noncurrent	559,306	519,460
Other	26,680	22,650
Deferred Costs and Other Assets	585,986	542,110
TOTAL ASSETS	6,159,732	6,078,764
CURRENT LIABILITIES
Currently maturing long-term debt	100,000	400,000
Accounts Payable	153,510	60,532
Accounts payable	162,222	176,162
Contract with Customer, Liability, Current	90,302	89,668
Taxes Payable, Current	79,861	124,905
Interest accrued	17,484	18,208
Deferred fuel costs	5,978	0
Other	29,338	38,908
TOTAL	638,695	908,383
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	810,639	780,030
Accumulated deferred investment tax credits	14,393	14,591
Regulatory liability for income taxes - net	196,612	202,058
Other regulatory liabilities	29,868	79,865
Decommissioning and asset retirement cost liabilities	8,010	7,797
Loss Contingency Accrual	39,240	37,509
Pension and other postretirement liabilities	15,266	23,742
Long-term debt	2,228,900	1,931,096
Deferred Credits and Other Liabilities	72,659	53,156
TOTAL	3,415,587	3,129,844
Common Shareholders' Equity:
Stockholders' Equity Attributable to Noncontrolling Interest	23,291	3,347
Members' Equity	2,082,159	2,037,190
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	2,105,450	2,040,537
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	6,159,732	6,078,764
Entergy Mississippi [Member] | Affiliated Entity
Accounts receivable:
Customer	7,724	37,673
Entergy New Orleans [Member]
Cash and cash equivalents:
Cash	26	27
Temporary cash investments	141,345	4,437
Total cash and cash equivalents	141,371	4,464
Securitization recovery trust account	1,680	2,235
Accounts receivable:
Customer	68,524	93,288
Allowance for doubtful accounts	(7,653)	(11,909)
Other	5,992	6,110
Accrued unbilled revenues	35,024	37,284
Total accounts receivable	149,576	274,700
Deferred Fuel Cost	5,838	10,153
Fuel inventory - at average cost	2,004	5,872
Public Utilities, Inventory	26,860	22,498
Prepaid Expense and Other Assets	19,067	6,312
TOTAL	346,396	326,234
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	832	1,050
Storm Reserve Escrow Account	76,723	75,000
Other	624	675
TOTAL	78,179	76,725
PROPERTY, PLANT, AND EQUIPMENT
Electric	1,989,407	1,934,837
Natural gas	396,968	390,252
Construction work in progress	26,582	39,607
TOTAL PROPERTY, PLANT, AND EQUIPMENT	2,412,957	2,364,696
Less - accumulated depreciation and amortization	828,664	808,224
PROPERTY, PLANT, AND EQUIPMENT - NET	1,584,293	1,556,472
Regulatory assets:
Regulatory Assets, Noncurrent	199,182	202,112
Deferred Fuel Cost Non Current	4,080	4,080
Other	51,549	46,778
Deferred Costs and Other Assets	254,811	252,970
TOTAL ASSETS	2,263,679	2,212,401
CURRENT LIABILITIES
Currently maturing long-term debt	185,000	170,000
Accounts Payable	43,126	53,258
Accounts payable	40,231	57,291
Contract with Customer, Liability, Current	32,299	31,826
Taxes Payable, Current	9,651	10,308
Interest accrued	8,274	8,080
Other	9,271	6,560
TOTAL	329,158	338,629
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	391,231	385,259
Accumulated deferred investment tax credits	16,469	16,481
Regulatory liability for income taxes - net	42,162	39,738
Other regulatory liabilities	49,033	20,735
Decommissioning and asset retirement cost liabilities	4,101	0
Loss Contingency Accrual	90,598	87,048
Long-term debt	590,225	596,047
Deferred Credits and Other Liabilities	15,608	17,369
TOTAL	1,207,706	1,170,956
Common Shareholders' Equity:
Members' Equity	726,815	702,816
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	726,815	702,816
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	2,263,679	2,212,401
Notes Payable, Current	1,306	1,306
Amount	8,279	8,279
Entergy New Orleans [Member] | Affiliated Entity
Accounts receivable:
Customer	47,689	149,927
Entergy Texas [Member]
Cash and cash equivalents:
Cash	26	500
Temporary cash investments	2,796	2,997
Total cash and cash equivalents	2,822	3,497
Securitization recovery trust account	3,631	10,879
Accounts receivable:
Customer	81,011	115,955
Allowance for doubtful accounts	(1,708)	(2,352)
Other	25,733	21,587
Accrued unbilled revenues	95,924	69,208
Total accounts receivable	208,844	319,947
Deferred Fuel Cost	160,073	258,115
Fuel inventory - at average cost	44,832	26,750
Public Utilities, Inventory	94,414	93,031
Prepaid Expense and Other Assets	13,764	20,568
TOTAL	528,380	732,787
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	376	376
Other	19,196	18,975
TOTAL	19,809	19,601
PROPERTY, PLANT, AND EQUIPMENT
Electric	7,626,619	7,409,461
Construction work in progress	613,969	339,139
TOTAL PROPERTY, PLANT, AND EQUIPMENT	8,240,588	7,748,600
Less - accumulated depreciation and amortization	2,257,215	2,135,400
PROPERTY, PLANT, AND EQUIPMENT - NET	5,983,373	5,613,200
Regulatory assets:
Regulatory Assets, Noncurrent	598,370	578,682
Other	96,391	99,694
Deferred Costs and Other Assets	694,761	678,376
TOTAL ASSETS	7,226,323	7,043,964
CURRENT LIABILITIES
Accounts Payable	57,241	70,321
Accounts payable	245,062	201,982
Contract with Customer, Liability, Current	39,666	38,764
Taxes Payable, Current	47,484	93,033
Interest accrued	23,324	23,928
Other	14,068	16,963
TOTAL	426,845	444,991
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	774,147	744,227
Accumulated deferred investment tax credits	8,337	8,711
Regulatory liability for income taxes - net	124,742	132,647
Other regulatory liabilities	43,223	45,247
Decommissioning and asset retirement cost liabilities	11,428	11,121
Loss Contingency Accrual	8,048	7,593
Long-term debt	2,888,075	2,895,913
Deferred Credits and Other Liabilities	132,923	74,053
TOTAL	$ 3,990,923	$ 3,919,512
Common Stock, Shares, Outstanding	46,525,000	46,525,000
Common Shareholders' Equity:
Common Stock, Value, Issued	$ 49,452	$ 49,452
Additional Paid in Capital, Common Stock	1,050,125	1,050,125
TOTAL	2,769,805	2,640,711
Stockholders' Equity Attributable to Noncontrolling Interest	38,750	38,750
Retained Earnings (Accumulated Deficit)	1,670,228	1,541,134
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	2,808,555	2,679,461
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	7,226,323	7,043,964
Entergy Texas [Member] | Affiliated Entity
Accounts receivable:
Customer	7,884	115,549
Investments in and Advances to Affiliates, at Fair Value	237	250
System Energy [Member]
Cash and cash equivalents:
Cash	2,015	78
Temporary cash investments	46,240	2,862
Total cash and cash equivalents	48,255	2,940
Accounts receivable:
Other	5,195	6,145
Total accounts receivable	71,087	164,746
Public Utilities, Inventory	147,318	135,346
Deferred nuclear refueling outage costs	19,681	33,377
Prepaid Expense and Other Assets	12,426	9,097
TOTAL	301,874	345,506
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,260,251	1,142,914
TOTAL	1,260,251	1,142,914
PROPERTY, PLANT, AND EQUIPMENT
Electric	5,461,317	5,425,449
Construction work in progress	99,337	102,987
Nuclear fuel	146,230	193,004
TOTAL PROPERTY, PLANT, AND EQUIPMENT	5,706,884	5,721,440
Less - accumulated depreciation and amortization	3,439,474	3,412,257
PROPERTY, PLANT, AND EQUIPMENT - NET	2,267,410	2,309,183
Regulatory assets:
Regulatory Assets, Noncurrent	431,804	415,121
Other	898	1,422
Deferred Costs and Other Assets	432,702	416,543
TOTAL ASSETS	4,262,237	4,214,146
CURRENT LIABILITIES
Currently maturing long-term debt	46	300,037
Accounts Payable	11,431	21,701
Accounts payable	30,897	58,178
Taxes Payable, Current	0	7,597
Interest accrued	14,626	11,591
Sale-leaseback/depreciation regulatory liability	0	103,497
Other	4,065	4,071
TOTAL	61,065	506,672
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	395,069	376,070
Accumulated deferred investment tax credits	44,004	44,692
Regulatory liability for income taxes - net	109,366	110,840
Other regulatory liabilities	797,606	665,024
Decommissioning and asset retirement cost liabilities	1,063,139	1,042,461
Pension and other postretirement liabilities	35,992	40,750
Long-term debt	752,923	477,868
Deferred Credits and Other Liabilities	2	2
TOTAL	$ 3,198,101	$ 2,757,707
Common Stock, Shares, Outstanding	789,350	789,350
Common Shareholders' Equity:
Common Stock, Value, Issued	$ 1,086,850	$ 1,086,850
Retained Earnings (Accumulated Deficit)	(83,779)	(137,083)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	1,003,071	949,767
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	4,262,237	4,214,146
Prepaid Taxes	3,107	0
System Energy [Member] | Affiliated Entity
Accounts receivable:
Customer	$ 65,892	$ 158,601

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Net income	$ 392,014	$ 164,011	$ 704,312	$ 443,604
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax	0	24	0	48
Other comprehensive income (loss)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	(3,292)	6,045	(1,265)	14,373
Net unrealized investment gains	0	6,471	0	(5,931)
Other comprehensive income (loss)	(3,292)	12,540	(1,265)	8,490
Total comprehensive income	388,722	176,551	703,047	452,094
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	770	4,308	2,133	7,501
Comprehensive Income Attributable to Entergy Corporation	387,952	172,243	700,914	444,593
Entergy Louisiana [Member]
Net income	263,260	316,659	507,284	467,519
Other comprehensive income (loss)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	(1,773)	(491)	(2,559)	(1,104)
Other comprehensive income (loss)	(1,773)	(491)	(2,559)	(1,104)
Total comprehensive income	261,487	316,168	504,725	466,415
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	819	258	1,373	258
Comprehensive Income Attributable to Entergy Corporation	260,668	315,910	503,352	466,157
Entergy Arkansas [Member]
Net income	66,948	63,110	126,344	128,677
Other comprehensive income (loss)
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	(1,006)	(529)	(2,635)	(1,916)
System Energy [Member]
Net income	$ 25,759	$ (380,148)	$ 53,304	$ (348,716)

Consolidated Statements Of Chan

Consolidated Statements Of Changes In Equity - USD ($) $ in Thousands	Total	Subsidiaries Preferred Stock [Member]	Paid In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Common Stock [Member]	Treasury Stock, Common	Entergy Texas [Member]	Entergy Texas [Member] Subsidiaries Preferred Stock [Member]	Entergy Texas [Member] Paid In Capital [Member]	Entergy Texas [Member] Retained Earnings [Member]	Entergy Texas [Member] Common Stock [Member]	Entergy Mississippi [Member]	Entergy Mississippi [Member] Member's Equity [Member]	Entergy Mississippi [Member] Noncontrolling Interest	Entergy Arkansas [Member]	Entergy Arkansas [Member] Member's Equity [Member]	Entergy Arkansas [Member] Noncontrolling Interest	Entergy Louisiana [Member]	Entergy Louisiana [Member] Member's Equity [Member]	Entergy Louisiana [Member] Accumulated Other Comprehensive Income [Member]	Entergy Louisiana [Member] Noncontrolling Interest	Entergy New Orleans [Member]	System Energy [Member]	System Energy [Member] Retained Earnings [Member]	System Energy [Member] Common Stock [Member]	Entergy Corporation [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 11,705,394	$ 68,110	$ 6,766,239	$ 10,240,552	$ (332,528)	$ 2,720	$ (5,039,699)	$ 2,483,206	$ 38,750	$ 1,050,125	$ 1,344,879	$ 49,452	$ 1,839,568	$ 1,839,568	$ 0	$ 3,575,855	$ 3,542,745	$ 33,110	$ 8,180,572	$ 8,172,294	$ 8,278	$ 0	$ 638,715	$ 1,091,360	$ 139,510	$ 951,850
Dividends, Preferred Stock, Cash	4,580	4,580	0	0	0	0	0	518	0	0	518	0															$ 4,000
Consolidated net income	279,593	3,193	0	276,400	0	0	0	50,403	0	0	50,403	0	30,355	30,355	0	65,567	66,954	(1,387)	150,860	150,860	0	0	15,126	31,432	31,432	0
Dividends, Common Stock, Cash	(205,058)	0	0	(205,058)	0	0	0												(125,000)	(125,000)	0	0
Other comprehensive income (loss)	(4,050)	0	0	0	(4,050)	0	0												(613)	0	(613)	0
Common stock issuances related to stock plans	(5,527)	0	31,085	0	0	0	(36,612)
Other																			(13)	(13)	0	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	7,501							1,036					0			(1,916)			258
Consolidated net income	$ 443,604							147,888					79,309			128,677			467,519				34,672	(348,716)
Common stock dividend (in dollars per share)	$ 2.02
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	$ (9,159)
Proceeds from Noncontrolling Interests	9,595												9,595
Other comprehensive income (loss)	8,490																		(1,104)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	11,776,826	66,723	6,735,154	10,311,894	(336,578)	2,720	(5,003,087)	2,533,091	38,750	1,050,125	1,394,764	49,452	1,869,923	1,869,923	0	3,641,422	3,609,699	31,723	8,205,806	8,198,141	7,665	0	653,841	1,122,792	170,942	951,850
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,308							518					0			(529)			258
Dividends, Preferred Stock, Cash	4,580	4,580	0	0	0	0	0	518	0	0	518	0															4,000
Consolidated net income	164,011	4,308	0	159,703	0	0	0	97,485	0	0	97,485	0	48,955	48,955	0	63,110	63,639	(529)	316,659	316,401	0	258	19,546	(380,148)	(380,148)	0
Dividends, Common Stock, Cash	(205,408)	0	0	(205,408)	0	0	0									(36,000)	(36,000)	0
Noncontrolling Interest, Increase from Subsidiary Equity Issuance	31,636	31,636	0	0	0	0	0												31,636	0	0	31,636
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	$ (190)	(190)	0	0	0	0	0									(190)	0	(190)
Common stock dividend (in dollars per share)	$ 1.01
Proceeds from Noncontrolling Interests	$ 9,595	9,595	0	0	0	0	0						9,595	0	9,595
Other comprehensive income (loss)	12,540	0	0	0	12,540	0	0												(491)	0	(491)	0
Proceeds from Contributions from Parent																			1,000,000	1,000,000	0	0
Common stock issuances related to stock plans	(34,141)	0	(15,214)	0	0	0	(18,927)
Other																			(13)	(13)	0	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	11,818,571	107,492	6,750,368	10,266,189	(324,038)	2,720	(4,984,160)	2,630,058	38,750	1,050,125	1,491,731	49,452	1,928,473	1,918,878	9,595	3,668,342	3,637,338	31,004	9,553,597	9,514,529	7,174	31,894	673,387	742,644	(209,206)	951,850
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	13,064,892	97,907	7,632,895	10,502,041	(191,754)	2,797	(4,978,994)	2,679,461	38,750	1,050,125	1,541,134	49,452	2,040,537	2,037,190	3,347	3,781,815	3,753,990	27,825	9,493,448	9,406,343	55,370	31,735	702,816	949,767	(137,083)	1,086,850
Dividends, Preferred Stock, Cash	4,580	4,580	0	0	0	0	0	518	0	0	518	0															4,000
Consolidated net income	312,299	1,364	0	310,935	0	0	0	41,673	0	0	41,673	0	20,940	23,081	(2,141)	59,397	61,026	(1,629)	244,024	243,470	0	554	10,142	27,545	27,545	0
Dividends, Common Stock, Cash	(226,194)	0	0	(226,194)	0	0	0						(12,500)	(12,500)	0	(80,000)	(80,000)	0	(160,250)	(160,250)	0	0
Noncontrolling Interest, Increase from Subsidiary Equity Issuance	14,577	14,577	0	0	0	0	0												14,577	0	0	14,577
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	(574)	(574)	0	0	0	0	0									(104)	0	(104)	(470)	0	0	(470)
Other comprehensive income (loss)	2,027	0	0	0	2,027	0	0												(786)	0	(786)	0
Proceeds from Contributions from Parent																			1,457,676	1,457,676	0	0
Common stock issuances related to stock plans	(4,481)	0	15,118	0	0	0	(19,599)
Other																			(28)	(28)	0	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	2,133							1,036					(5,764)			(2,635)			1,373
Consolidated net income	$ 704,312							130,130					79,205			126,344			507,284				23,999	53,304
Common stock dividend (in dollars per share)	$ 2.14
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	$ (9,159)
Proceeds from Noncontrolling Interests	25,708												25,708
Other comprehensive income (loss)	(1,265)																		(2,559)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	13,166,928	108,694	7,617,777	10,586,782	(189,727)	2,797	(4,959,395)	2,720,616	38,750	1,050,125	1,582,289	49,452	2,048,977	2,047,771	1,206	3,761,108	3,735,016	26,092	11,048,191	10,947,211	54,584	46,396	712,958	977,312	(109,538)	1,086,850
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	770							518					(3,623)			(1,006)			819
Dividends, Preferred Stock, Cash	4,580	4,580	0	0	0	0	0	518	0	0	518	0															$ 4,000
Consolidated net income	392,014	770	0	391,244	0	0	0	88,457	0	0	88,457	0	58,265	61,888	(3,623)	66,948	67,954	(1,006)	263,260	262,441	0	819	13,857	25,759	25,759	0
Dividends, Common Stock, Cash	(226,248)	0	0	(226,248)	0	0	0						(27,500)	(27,500)	0	(9,000)	(9,000)	0
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	$ (113)	(113)	0	0	0	0	0									(113)	0	(113)
Common stock dividend (in dollars per share)	$ 1.07
Proceeds from Noncontrolling Interests	$ 25,708	25,708	0	0	0	0	0						25,708	0	25,708
Other comprehensive income (loss)	(3,292)	0	0	0	(3,292)	0	0												(1,773)	0	(1,773)	0
Common stock issuances related to stock plans	(17,128)	0	(16,528)	0	0	0	(600)
Other																			15	15	0	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 13,367,545	$ 130,479	$ 7,634,305	$ 10,751,778	$ (193,019)	$ 2,797	$ (4,958,795)	$ 2,808,555	$ 38,750	$ 1,050,125	$ 1,670,228	$ 49,452	$ 2,105,450	$ 2,082,159	$ 23,291	$ 3,818,943	$ 3,793,970	$ 24,973	$ 11,309,693	$ 11,209,667	$ 52,811	$ 47,215	$ 726,815	$ 1,003,071	$ (83,779)	$ 1,086,850

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Securitized Regulatory Transition Assets, Noncurrent	$ 268,738	$ 282,886
Long-term Transition Bond, Noncurrent	$ 278,134	$ 292,760
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Authorized	1,000,000	1,000,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	499,000,000	499,000,000
Common Stock, Shares, Issued	279,653,929	279,653,929
Treasury Stock, Shares	68,199,625	68,477,429
Entergy Texas [Member]
Securitized Regulatory Transition Assets, Noncurrent	$ 260,786	$ 269,523
Long-term Transition Bond, Noncurrent	$ 266,389	$ 275,064
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Shares, Issued	46,525,000	46,525,000
Common Stock, Shares, Outstanding	46,525,000	46,525,000
Entergy New Orleans [Member]
Securitized Regulatory Transition Assets, Noncurrent	$ 7,952	$ 13,363
Long-term Transition Bond, Noncurrent	$ 11,745	$ 17,697
System Energy [Member]
Common Stock, Shares Authorized	1,000,000	1,000,000
Common Stock, Shares, Issued	789,350	789,350
Common Stock, Shares, Outstanding	789,350	789,350

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ (1,065)	$ 1,642	$ (335)	$ 4,184
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax	0	0	0	0
Other Comprehensive Income (Loss), Securities, Available-for-sale, Tax	0	3,768	0	(3,453)
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	770	4,308	2,133	7,501
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	387,952	172,243	700,914	444,593
Net income	392,014	164,011	704,312	443,604
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	(3,292)	6,045	(1,265)	14,373
Other comprehensive income (loss)	(3,292)	12,540	(1,265)	8,490
Total comprehensive income	388,722	176,551	703,047	452,094
Entergy Louisiana [Member]
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	653	181	943	407
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	819	258	1,373	258
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	260,668	315,910	503,352	466,157
Net income	263,260	316,659	507,284	467,519
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	(1,773)	(491)	(2,559)	(1,104)
Other comprehensive income (loss)	(1,773)	(491)	(2,559)	(1,104)
Total comprehensive income	$ 261,487	$ 316,168	$ 504,725	$ 466,415

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2023
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In March 2023 the DOE submitted an offer of judgment to resolve claims in the fourth round ANO damages case. The $41 million offer was accepted by Entergy Arkansas, and the U.S. Court of Federal Claims issued a judgment in that amount in favor of Entergy Arkansas and against the DOE. Entergy Arkansas received payment from the U.S. Treasury in April 2023. The effects of recording the judgment were reductions to plant, nuclear fuel expense, other operation and maintenance expense, materials and supplies, and taxes other than income taxes. The ANO damages awarded included $18 million related to costs previously recorded as plant, $10 million related to costs previously recorded as other operation and maintenance expense, $8 million related to costs previously recorded as nuclear fuel expense, $3 million related to costs previously recorded as materials and supplies, and $2 million related to costs previously recorded as taxes other than income taxes. In July 2023 the DOE submitted an offer of judgment to resolve claims in the Indian Point Unit 2 fourth round and Unit 3 third round combined damages case. The $59 million offer was accepted by Entergy and Holtec International, as the current owner. The U.S. Court of Federal Claims issued a final judgment in that amount in favor of Holtec Indian Point 2, LLC and Holtec Indian Point 3, LLC (previously Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC) and against the DOE. Holtec received payment from the U.S. Treasury in July 2023. Consistent with certain terms agreed upon in connection with the sale of Indian Point Energy Center in May 2021, Holtec transferred $40 million to Entergy for its pro-rata share of the litigation proceeds in August 2023. The remainder of the judgment was retained by Holtec. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf - Related Agreements See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements. Nelson Industrial Steam Company Entergy Louisiana is a partner in the Nelson Industrial Steam Company (NISCO) partnership which owns two petroleum coke generating units. In April 2023 these generating units suspended operations in the MISO market, and Entergy Louisiana currently is working with the partners to wind up the NISCO partnership, which will ultimately result in ownership of the generating units transferring to Entergy Louisiana. In May 2023, Entergy Louisiana filed an application with the FERC for transaction authorization pursuant to Section 203 of the Federal Power Act. In June 2023 the LPSC filed a notice to intervene in the proceeding. Entergy Louisiana is evaluating the effect of the transaction on its results of operations, cash flows, and financial condition, but at this time does not expect the effect to be material.
Entergy Arkansas [Member]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In March 2023 the DOE submitted an offer of judgment to resolve claims in the fourth round ANO damages case. The $41 million offer was accepted by Entergy Arkansas, and the U.S. Court of Federal Claims issued a judgment in that amount in favor of Entergy Arkansas and against the DOE. Entergy Arkansas received payment from the U.S. Treasury in April 2023. The effects of recording the judgment were reductions to plant, nuclear fuel expense, other operation and maintenance expense, materials and supplies, and taxes other than income taxes. The ANO damages awarded included $18 million related to costs previously recorded as plant, $10 million related to costs previously recorded as other operation and maintenance expense, $8 million related to costs previously recorded as nuclear fuel expense, $3 million related to costs previously recorded as materials and supplies, and $2 million related to costs previously recorded as taxes other than income taxes. In July 2023 the DOE submitted an offer of judgment to resolve claims in the Indian Point Unit 2 fourth round and Unit 3 third round combined damages case. The $59 million offer was accepted by Entergy and Holtec International, as the current owner. The U.S. Court of Federal Claims issued a final judgment in that amount in favor of Holtec Indian Point 2, LLC and Holtec Indian Point 3, LLC (previously Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC) and against the DOE. Holtec received payment from the U.S. Treasury in July 2023. Consistent with certain terms agreed upon in connection with the sale of Indian Point Energy Center in May 2021, Holtec transferred $40 million to Entergy for its pro-rata share of the litigation proceeds in August 2023. The remainder of the judgment was retained by Holtec. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf - Related Agreements See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements. Nelson Industrial Steam Company Entergy Louisiana is a partner in the Nelson Industrial Steam Company (NISCO) partnership which owns two petroleum coke generating units. In April 2023 these generating units suspended operations in the MISO market, and Entergy Louisiana currently is working with the partners to wind up the NISCO partnership, which will ultimately result in ownership of the generating units transferring to Entergy Louisiana. In May 2023, Entergy Louisiana filed an application with the FERC for transaction authorization pursuant to Section 203 of the Federal Power Act. In June 2023 the LPSC filed a notice to intervene in the proceeding. Entergy Louisiana is evaluating the effect of the transaction on its results of operations, cash flows, and financial condition, but at this time does not expect the effect to be material.
Entergy Louisiana [Member]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In March 2023 the DOE submitted an offer of judgment to resolve claims in the fourth round ANO damages case. The $41 million offer was accepted by Entergy Arkansas, and the U.S. Court of Federal Claims issued a judgment in that amount in favor of Entergy Arkansas and against the DOE. Entergy Arkansas received payment from the U.S. Treasury in April 2023. The effects of recording the judgment were reductions to plant, nuclear fuel expense, other operation and maintenance expense, materials and supplies, and taxes other than income taxes. The ANO damages awarded included $18 million related to costs previously recorded as plant, $10 million related to costs previously recorded as other operation and maintenance expense, $8 million related to costs previously recorded as nuclear fuel expense, $3 million related to costs previously recorded as materials and supplies, and $2 million related to costs previously recorded as taxes other than income taxes. In July 2023 the DOE submitted an offer of judgment to resolve claims in the Indian Point Unit 2 fourth round and Unit 3 third round combined damages case. The $59 million offer was accepted by Entergy and Holtec International, as the current owner. The U.S. Court of Federal Claims issued a final judgment in that amount in favor of Holtec Indian Point 2, LLC and Holtec Indian Point 3, LLC (previously Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC) and against the DOE. Holtec received payment from the U.S. Treasury in July 2023. Consistent with certain terms agreed upon in connection with the sale of Indian Point Energy Center in May 2021, Holtec transferred $40 million to Entergy for its pro-rata share of the litigation proceeds in August 2023. The remainder of the judgment was retained by Holtec. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf - Related Agreements See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements. Nelson Industrial Steam Company Entergy Louisiana is a partner in the Nelson Industrial Steam Company (NISCO) partnership which owns two petroleum coke generating units. In April 2023 these generating units suspended operations in the MISO market, and Entergy Louisiana currently is working with the partners to wind up the NISCO partnership, which will ultimately result in ownership of the generating units transferring to Entergy Louisiana. In May 2023, Entergy Louisiana filed an application with the FERC for transaction authorization pursuant to Section 203 of the Federal Power Act. In June 2023 the LPSC filed a notice to intervene in the proceeding. Entergy Louisiana is evaluating the effect of the transaction on its results of operations, cash flows, and financial condition, but at this time does not expect the effect to be material.
Entergy Mississippi [Member]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In March 2023 the DOE submitted an offer of judgment to resolve claims in the fourth round ANO damages case. The $41 million offer was accepted by Entergy Arkansas, and the U.S. Court of Federal Claims issued a judgment in that amount in favor of Entergy Arkansas and against the DOE. Entergy Arkansas received payment from the U.S. Treasury in April 2023. The effects of recording the judgment were reductions to plant, nuclear fuel expense, other operation and maintenance expense, materials and supplies, and taxes other than income taxes. The ANO damages awarded included $18 million related to costs previously recorded as plant, $10 million related to costs previously recorded as other operation and maintenance expense, $8 million related to costs previously recorded as nuclear fuel expense, $3 million related to costs previously recorded as materials and supplies, and $2 million related to costs previously recorded as taxes other than income taxes. In July 2023 the DOE submitted an offer of judgment to resolve claims in the Indian Point Unit 2 fourth round and Unit 3 third round combined damages case. The $59 million offer was accepted by Entergy and Holtec International, as the current owner. The U.S. Court of Federal Claims issued a final judgment in that amount in favor of Holtec Indian Point 2, LLC and Holtec Indian Point 3, LLC (previously Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC) and against the DOE. Holtec received payment from the U.S. Treasury in July 2023. Consistent with certain terms agreed upon in connection with the sale of Indian Point Energy Center in May 2021, Holtec transferred $40 million to Entergy for its pro-rata share of the litigation proceeds in August 2023. The remainder of the judgment was retained by Holtec. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf - Related Agreements See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements. Nelson Industrial Steam Company Entergy Louisiana is a partner in the Nelson Industrial Steam Company (NISCO) partnership which owns two petroleum coke generating units. In April 2023 these generating units suspended operations in the MISO market, and Entergy Louisiana currently is working with the partners to wind up the NISCO partnership, which will ultimately result in ownership of the generating units transferring to Entergy Louisiana. In May 2023, Entergy Louisiana filed an application with the FERC for transaction authorization pursuant to Section 203 of the Federal Power Act. In June 2023 the LPSC filed a notice to intervene in the proceeding. Entergy Louisiana is evaluating the effect of the transaction on its results of operations, cash flows, and financial condition, but at this time does not expect the effect to be material.
Entergy New Orleans [Member]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In March 2023 the DOE submitted an offer of judgment to resolve claims in the fourth round ANO damages case. The $41 million offer was accepted by Entergy Arkansas, and the U.S. Court of Federal Claims issued a judgment in that amount in favor of Entergy Arkansas and against the DOE. Entergy Arkansas received payment from the U.S. Treasury in April 2023. The effects of recording the judgment were reductions to plant, nuclear fuel expense, other operation and maintenance expense, materials and supplies, and taxes other than income taxes. The ANO damages awarded included $18 million related to costs previously recorded as plant, $10 million related to costs previously recorded as other operation and maintenance expense, $8 million related to costs previously recorded as nuclear fuel expense, $3 million related to costs previously recorded as materials and supplies, and $2 million related to costs previously recorded as taxes other than income taxes. In July 2023 the DOE submitted an offer of judgment to resolve claims in the Indian Point Unit 2 fourth round and Unit 3 third round combined damages case. The $59 million offer was accepted by Entergy and Holtec International, as the current owner. The U.S. Court of Federal Claims issued a final judgment in that amount in favor of Holtec Indian Point 2, LLC and Holtec Indian Point 3, LLC (previously Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC) and against the DOE. Holtec received payment from the U.S. Treasury in July 2023. Consistent with certain terms agreed upon in connection with the sale of Indian Point Energy Center in May 2021, Holtec transferred $40 million to Entergy for its pro-rata share of the litigation proceeds in August 2023. The remainder of the judgment was retained by Holtec. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf - Related Agreements See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements. Nelson Industrial Steam Company Entergy Louisiana is a partner in the Nelson Industrial Steam Company (NISCO) partnership which owns two petroleum coke generating units. In April 2023 these generating units suspended operations in the MISO market, and Entergy Louisiana currently is working with the partners to wind up the NISCO partnership, which will ultimately result in ownership of the generating units transferring to Entergy Louisiana. In May 2023, Entergy Louisiana filed an application with the FERC for transaction authorization pursuant to Section 203 of the Federal Power Act. In June 2023 the LPSC filed a notice to intervene in the proceeding. Entergy Louisiana is evaluating the effect of the transaction on its results of operations, cash flows, and financial condition, but at this time does not expect the effect to be material.
Entergy Texas [Member]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In March 2023 the DOE submitted an offer of judgment to resolve claims in the fourth round ANO damages case. The $41 million offer was accepted by Entergy Arkansas, and the U.S. Court of Federal Claims issued a judgment in that amount in favor of Entergy Arkansas and against the DOE. Entergy Arkansas received payment from the U.S. Treasury in April 2023. The effects of recording the judgment were reductions to plant, nuclear fuel expense, other operation and maintenance expense, materials and supplies, and taxes other than income taxes. The ANO damages awarded included $18 million related to costs previously recorded as plant, $10 million related to costs previously recorded as other operation and maintenance expense, $8 million related to costs previously recorded as nuclear fuel expense, $3 million related to costs previously recorded as materials and supplies, and $2 million related to costs previously recorded as taxes other than income taxes. In July 2023 the DOE submitted an offer of judgment to resolve claims in the Indian Point Unit 2 fourth round and Unit 3 third round combined damages case. The $59 million offer was accepted by Entergy and Holtec International, as the current owner. The U.S. Court of Federal Claims issued a final judgment in that amount in favor of Holtec Indian Point 2, LLC and Holtec Indian Point 3, LLC (previously Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC) and against the DOE. Holtec received payment from the U.S. Treasury in July 2023. Consistent with certain terms agreed upon in connection with the sale of Indian Point Energy Center in May 2021, Holtec transferred $40 million to Entergy for its pro-rata share of the litigation proceeds in August 2023. The remainder of the judgment was retained by Holtec. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf - Related Agreements See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements. Nelson Industrial Steam Company Entergy Louisiana is a partner in the Nelson Industrial Steam Company (NISCO) partnership which owns two petroleum coke generating units. In April 2023 these generating units suspended operations in the MISO market, and Entergy Louisiana currently is working with the partners to wind up the NISCO partnership, which will ultimately result in ownership of the generating units transferring to Entergy Louisiana. In May 2023, Entergy Louisiana filed an application with the FERC for transaction authorization pursuant to Section 203 of the Federal Power Act. In June 2023 the LPSC filed a notice to intervene in the proceeding. Entergy Louisiana is evaluating the effect of the transaction on its results of operations, cash flows, and financial condition, but at this time does not expect the effect to be material.
System Energy [Member]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In March 2023 the DOE submitted an offer of judgment to resolve claims in the fourth round ANO damages case. The $41 million offer was accepted by Entergy Arkansas, and the U.S. Court of Federal Claims issued a judgment in that amount in favor of Entergy Arkansas and against the DOE. Entergy Arkansas received payment from the U.S. Treasury in April 2023. The effects of recording the judgment were reductions to plant, nuclear fuel expense, other operation and maintenance expense, materials and supplies, and taxes other than income taxes. The ANO damages awarded included $18 million related to costs previously recorded as plant, $10 million related to costs previously recorded as other operation and maintenance expense, $8 million related to costs previously recorded as nuclear fuel expense, $3 million related to costs previously recorded as materials and supplies, and $2 million related to costs previously recorded as taxes other than income taxes. In July 2023 the DOE submitted an offer of judgment to resolve claims in the Indian Point Unit 2 fourth round and Unit 3 third round combined damages case. The $59 million offer was accepted by Entergy and Holtec International, as the current owner. The U.S. Court of Federal Claims issued a final judgment in that amount in favor of Holtec Indian Point 2, LLC and Holtec Indian Point 3, LLC (previously Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC) and against the DOE. Holtec received payment from the U.S. Treasury in July 2023. Consistent with certain terms agreed upon in connection with the sale of Indian Point Energy Center in May 2021, Holtec transferred $40 million to Entergy for its pro-rata share of the litigation proceeds in August 2023. The remainder of the judgment was retained by Holtec. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf - Related Agreements See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements. Nelson Industrial Steam Company Entergy Louisiana is a partner in the Nelson Industrial Steam Company (NISCO) partnership which owns two petroleum coke generating units. In April 2023 these generating units suspended operations in the MISO market, and Entergy Louisiana currently is working with the partners to wind up the NISCO partnership, which will ultimately result in ownership of the generating units transferring to Entergy Louisiana. In May 2023, Entergy Louisiana filed an application with the FERC for transaction authorization pursuant to Section 203 of the Federal Power Act. In June 2023 the LPSC filed a notice to intervene in the proceeding. Entergy Louisiana is evaluating the effect of the transaction on its results of operations, cash flows, and financial condition, but at this time does not expect the effect to be material.

Rate And Regulatory Matters

Rate And Regulatory Matters	6 Months Ended
	Jun. 30, 2023
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy As discussed in the Form 10-K, in a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Cuts and Jobs Act. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. In December 2022 the FERC issued an order addressing the ALJ’s initial decision and denying System Energy’s motion to vacate the initial decision. The FERC disagreed with the ALJ’s determination that $147 million should be credited to customers in the same manner as the excess accumulated deferred income taxes addressed in System Energy’s March 2018 filing, which had included a stated amount of excess accumulated deferred income taxes to be returned pursuant to a specified methodology and had not included any excess accumulated deferred income taxes associated with the decommissioning tax position. Instead, the FERC ordered System Energy to compute the amount of excess accumulated deferred income taxes associated with the decommissioning tax position with consideration for the resolution of the tax position by the IRS. In February 2023, System Energy made the required filing with the FERC. In June 2023 the FERC issued a deficiency letter requesting additional information about the IRS’s resolution of the tax position for 2016 and 2017. In July 2023, System Energy provided the additional information. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2023, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.01639 per kWh to $0.01883 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2022 and a $32 million deferral related to the 2021 February winter storms consistent with APSC general staff’s request in 2022. The under-recovered balance included in the filing was partially offset by the proceeds of the $41.7 million refund that System Energy made to Entergy Arkansas in January 2023 related to the sale-leaseback renewal costs and depreciation litigation as calculated in System Energy’s January 2023 compliance report filed with the FERC. The redetermined rate of $0.01883 per kWh became effective with the first billing cycle in April 2023 through the normal operation of the tariff. See Note 2 to the financial statements in the Form 10-K for information on the 2021 February winter storm investigation proceeding. Entergy Mississippi In June 2023 the MPSC approved the joint stipulation agreement between Entergy Mississippi and the Mississippi Public Utilities Staff for Entergy Mississippi’s 2023 formula rate plan filing. The stipulation directed Entergy Mississippi to make a compliance filing to revise its power management cost adjustment factor, to revise its grid modernization cost adjustment factor, and to include a revision to reduce the net energy cost factor to a level necessary to reflect an average natural gas price of $4.50 per MMBtu. The MPSC approved the compliance filing in June 2023, effective for July 2023 bills. See “ Retail Rate Proceedings - Filings with the MPSC (Entergy Mississippi) - Retail Rates - 2023 Formula Rate Plan Filing” below for further discussion of the 2023 formula rate plan filing and the joint stipulation agreement. Entergy Texas As discussed in the Form 10-K, in September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. In November 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In March 2023 municipal intervenors filed testimony proposing a $5.2 million disallowance for fuel purchased during Winter Storm Uri. The PUCT staff proposed no disallowance. Entergy Texas filed rebuttal testimony in April 2023. In May 2023, Entergy Texas filed, and the ALJ with the State Office of Administrative Hearings granted, a joint motion to abate the proceeding to give parties additional time to finalize a settlement and cancelling the hearing on the merits previously scheduled for May 2023. In July 2023, Entergy Texas filed an unopposed settlement, supporting testimony, and an agreed motion to admit evidence and remand the proceeding to the PUCT. Pursuant to the unopposed settlement, Entergy Texas would receive no disallowance of fuel costs incurred over the three-year reconciliation period and retain $9.3 million in margins from off-system sales made during the reconciliation period. In July 2023 the ALJ with the State Office of Administrative Hearings granted the motion to admit evidence and remanded the proceeding to the PUCT for consideration of the unopposed settlement. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2023 Formula Rate Plan Filing In July 2023, Entergy Arkansas filed with the APSC its 2023 formula rate plan filing to set its formula rate for the 2024 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2024 and a netting adjustment for the historical year 2022. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2024 projected year is 8.11% resulting in a revenue deficiency of $80.5 million. The earned rate of return on common equity for the 2022 historical year was 7.29% resulting in a $49.8 million netting adjustment. The total proposed revenue change for the 2024 projected year and 2022 historical year netting adjustment is $130.3 million. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeded the constraint, the resulting increase is limited to $88.6 million. COVID-19 Orders See Note 2 to the financial statements in the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In its 2023 formula rate plan filing, Entergy Arkansas proposed to amortize the COVID-19 regulatory asset over a ten-year period. As of June 30, 2023, Entergy Arkansas had a regulatory asset of $39 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) 2022 Formula Rate Plan Filing In May 2023, Entergy Louisiana filed its formula rate plan evaluation report for its 2022 calendar year operations. The 2022 test year evaluation report produced an earned return on common equity of 8.33%, requiring an approximately $70.7 million increase to base rider revenue. Due to a cap for the 2021 and 2022 test years, however, base rider formula rate plan revenues are only being increased by approximately $4.9 million, leaving an ongoing revenue deficiency of approximately $65.9 million and providing for prospective return on common equity opportunity of approximately 8.38%. Other changes in formula rate plan revenue driven by increases in capacity costs, primarily legacy capacity costs, additions eligible for recovery through the transmission recovery mechanism and distribution recovery mechanism, and higher sales during the test period, are offset by reductions in net MISO costs as well as credits for FERC-ordered refunds. Also included in the 2022 test year distribution recovery mechanism revenue requirement is a $6 million credit relating to the distribution recovery mechanism performance accountability standards and requirements. In total, the net increase in formula rate plan revenues, including base formula rate plan revenues inside the formula rate plan bandwidth and subject to the cap, as well as other formula rate plan revenues outside of the bandwidth, is $85.2 million. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In April 2023, Entergy Louisiana filed an application proposing to utilize approximately $1.6 billion in certain low interest debt to generate earnings to apply toward the reduction of the COVID-19 regulatory asset, as well as to conduct additional outside right-of-way vegetation management activities and to apply to the minor storm reserve account. In that filing, Entergy Louisiana proposed to delay repayment of certain shorter-term first mortgage bonds that were issued to finance storm restoration costs until the costs could be securitized and to invest the funds that otherwise would be used to repay those bonds in the money pool to take advantage of the spread between prevailing interest rates on investments in the money pool and the interest rates on the bonds. The LPSC approved Entergy Louisiana’s requested relief in June 2023 and a subsequent filing will be required to permit the LPSC to review the COVID-19 regulatory asset. As of June 30, 2023, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID -19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2023 Formula Rate Plan Filing In March 2023, Entergy Mississippi submitted its formula rate plan 2023 test year filing and 2022 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2022 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2023 calendar year to be below the formula rate plan bandwidth. The 2023 test year filing shows a $39.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on rate base to the specified point of adjustment of 6.67%, within the formula rate plan bandwidth. The 2022 look-back filing compares actual 2022 results to the approved benchmark return on rate base and reflects the need for a $19.8 million temporary increase in formula rate plan revenues, including the refund of a $1.3 million over-recovery resulting from the demand-side management costs true-up for 2022. In fourth quarter 2022, Entergy Mississippi recorded a regulatory asset of $18.2 million in connection with the look-back feature of the formula rate plan to reflect that the 2022 estimated earned return was below the formula rate plan bandwidth. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $27.9 million interim rate increase, reflecting a cap equal to 2% of 2022 retail revenues, effective in April 2023. In May 2023, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed a 2023 test year filing resulting in a total revenue increase of $26.5 million for 2023. Pursuant to the joint stipulation, Entergy Mississippi’s 2022 look-back filing reflected an earned return on rate base of 6.10% in calendar year 2022, which is below the look-back bandwidth, resulting in a $19.0 million increase in the formula rate plan revenues on an interim basis through June 2024. Entergy Mississippi recorded a regulatory credit of $0.8 million in June 2023 to reflect the increase in the look-back regulatory asset. In addition, certain long-term service agreement and conductor handling costs were authorized for realignment from the formula rate plan to the annual power management and grid modernization riders effective January 2023, resulting in regulatory credits recorded in June 2023 of $4.1 million and $4.3 million, respectively. Also, the amortization of Entergy Mississippi’s COVID-19 bad debt deferral was suspended for calendar year 2023 and will resume in 2024. In June 2023 the MPSC approved the joint stipulation with rates effective in July 2023. Filings with the City Council (Entergy New Orleans) Retail Rates 2023 Formula Rate Plan Filing In April 2023, Entergy New Orleans submitted to the City Council its formula rate plan 2022 test year filing. The 2022 test year evaluation report produced an electric earned return on equity of 7.34% and a gas earned return on equity of 3.52% compared to the authorized return on equity for each of 9.35%. Entergy New Orleans seeks approval of a $25.6 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $17.4 million and an increase in authorized gas revenues of $8.2 million. Entergy New Orleans also seeks to commence collecting $3.4 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. The filing was subject to review by the City Council and other parties over a 75-day review period. In July 2023, Entergy New Orleans filed a report to decrease its requested formula rate plan revenues by approximately $0.5 million to account for minor errors discovered after the filing. The City Council advisors issued a report seeking a reduction in requested formula rate plan revenues of approximately $8.3 million, combined for electric and gas, due to alleged errors. The City Council advisors proposed additional rate mitigation in the amount of $12 million through offsets to the formula rate plan rate increase by certain regulatory liabilities. The parties have until August 9, 2023 to reach an agreement on the final amount of the formula rate plan revenue increase. If no agreement is reached, Entergy New Orleans has the right to implement its requested rate subject to final resolution through a subsequent litigated proceeding. Resulting rates will be effective with the first billing cycle of September 2023 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council would set a procedural schedule that would extend the process for City Council approval of disputed rate adjustments. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case As discussed in the Form 10-K, in July 2022, Entergy Texas filed a base rate case with the PUCT seeking a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase were changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions reflected in the then-effective distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which have been reset to zero as a result of this proceeding. In May 2023, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding, except for issues related to electric vehicle charging infrastructure, and Entergy Texas filed an agreed motion for interim rates, subject to refund or surcharge to the extent that the interim rates differ from the final approved rates. The unopposed settlement reflected a base rate increase to be effective and relate back to December 2022 of $54 million, exclusive of, and incremental to, the costs being realigned from the distribution and transmission cost recovery factor riders and the generation cost recovery rider and $4.8 million of rate case expenses to be recovered through a rider over a period of 36 months. The base rate increase of $54 million includes updated depreciation rates and a total annual revenue requirement of $14.5 million for the accrual of a self-insured storm reserve and the recovery of the regulatory assets for the pension and postretirement benefits expense deferral, costs associated with the COVID-19 pandemic, and retired non-advanced metering system electric meters. In May 2023 the ALJ with the State Office of Administrative Hearings granted the motion for interim rates, which became effective in June 2023. Additionally, the ALJ remanded the proceeding, except for the issues related to electric vehicle charging infrastructure, to the PUCT to consider the settlement. In June 2023 the ALJ issued a proposal for decision related to the electric vehicle charging infrastructure issues and which noted recent legislation enacted which permits electric utilities to own and operate such infrastructure. The ALJ’s proposal for decision deferred to the PUCT regarding whether it is appropriate for any vertically integrated electric utility, or Entergy Texas specifically, to own electric vehicle charging infrastructure, and in the event that the PUCT decided ownership is permissible, the ALJ recommended approval of the proposed tariff to charge host customers for utility-owned and operated electric vehicle charging infrastructure sited on customer premises and denial of the proposed tariff to temporarily adjust billing demand charges for separately metered electric vehicle charging infrastructure, citing cost-shifting concerns. In July 2023 the parties filed exceptions and replies to exceptions to the proposal for decision. At its August 3, 2023 open meeting, the PUCT voted to issue a final order approving the unopposed settlement and to consider the issues related to electric vehicle charging infrastructure addressed in the ALJ’s proposal for decision in a separate future proceeding. Generation Cost Recovery Rider As discussed in the Form 10-K, in August 2022 the PUCT approved a unanimous settlement agreement adjusting Entergy Texas’s generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility, and rates became effective. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. In April 2023 the PUCT approved Entergy Texas’s as-filed request with rates effective over three months beginning in May 2023. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. The base rate increase of $54 million in the unopposed settlement filed in the base rate case proceeding in May 2023, which is awaiting PUCT approval, includes an annual revenue requirement of $3.4 million related to recovery of the regulatory asset for costs associated with the COVID-19 pandemic. Entergy Texas began recovery of the regulatory asset with the interim increase in the annual base rate effective in June 2023. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in January 2023, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a notice of appeal of the U.S. District Court for the Eastern District of Arkansas’s order denying its motion to intervene to the United States Court of Appeals for the Eighth Circuit and a motion with the district court to stay the proceedings pending the appeal, which was denied. In February 2023, Arkansas Electric Energy Consumers, Inc. filed a motion with the United States Court of Appeals for the Eighth District to stay the proceedings pending the appeal, which also was denied. The trial was held in February 2023. Following the trial, Entergy Arkansas filed a motion with the United States Court of Appeals for the Eighth District to expedite the appeal filed by Arkansas Electric Energy Consumers, Inc. The court granted Entergy Arkansas’s request, and oral arguments were held in June 2023. An order from the court is expected in 2023. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. System Energy and the Unit Power Sales Agreement are currently the subject of several litigation proceedings at the FERC, including challenges with respect to System Energy’s authorized return on equity and capital structure, renewal of its sale-leaseback arrangement, treatment of uncertain tax positions, a broader investigation of rates under the Unit Power Sales Agreement, and a prudence complaint challenging the extended power uprate completed at Grand Gulf in 2012 and the operation and management of Grand Gulf, particularly in the 2016-2020 time period. The claims in these proceedings include claims for refunds and claims for rate adjustments; the aggregate amount of refunds claimed in these proceedings substantially exceeds the net book value of System Energy. In the event of an adverse decision in one or more of these proceedings requiring the payment of substantial additional refunds, System Energy would be required to seek financing to pay such refunds which may not be available on terms acceptable to System Energy, or may not be available at all, when required. The following are updates to that discussion. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding initiated by the LPSC, the MPSC, the APSC, and the City Council against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $39 million, which includes interest through June 30, 2023, and the estimated resulting annual rate reduction would be approximately $28 million. As a result of the 2022 settlement agreement with the MPSC, both the estimated refund and rate reduction exclude Entergy Mississippi's portion. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, the APSC, the MPSC, the City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, the APSC, the MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. The APSC, the MPSC, and the City Council subsequently intervened in the proceeding. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision, and in December 2022 the FERC issued an order on the ALJ’s initial decision, which affirmed it in part and modified it in part. The FERC’s order directed System Energy to calculate refunds on three issues, and to provide a compliance report detailing the calculations. The FERC’s order also disallows the future recovery of sale-leaseback renewal costs, which is estimated at approximately $11.5 million annually for purchases from Entergy Arkansas, Entergy Louisiana, and Entergy New Orleans through July 2036. The three refund issues are rental expenses related to the renewal of the sale-leaseback arrangements; refunds, if any, for the revenue requirement impact of including accumulated deferred income taxes resulting from the decommissioning uncertain tax positions from 2004 through the present; and refunds for the net effect of correcting the depreciation inputs for capital additions attributable to the portion of plant subject to the sale-leaseback. In January 2023, System Energy filed its compliance report with the FERC. With respect to the sale-leaseback renewal costs, System Energy calculated a refund of $89.8 million, which represented all of the sale-leaseback renewal rental costs that System Energy recovered in rates, with interest. With respect to the decommissioning uncertain tax position issue, System Energy calculated that no additional refunds are owed because it had already provided a one-time historical credit (for the period January 2016 through September 2020) of $25.2 million based on the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position, and because it has been providing an ongoing rate base credit for the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position since October 2020. With respect to the depreciation refund, System Energy calculated a refund of $13.7 million, which is the net total of a refund to customers for excess depreciation expense previously collected, plus interest, offset by the additional return on rate base that System Energy previously did not collect, without interest. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the regulatory charge and corresponding regulatory liability recorded in June 2022 related to these proceedings. In January 2023, System Energy paid the refunds of $103.5 million, which included refunds of $41.7 million to Entergy Arkansas, $27.8 million to Entergy Louisiana, and $34 million to Entergy New Orleans. In January 2023, System Energy filed a request for rehearing of the FERC’s determinations in the December 2022 order on sale-leaseback refund issues and future lease cost disallowances, the FERC’s prospective policy on uncertain tax positions, and the proper accounting of System Energy’s accumulated deferred income taxes adjustment for the Tax Cuts and Jobs Act of 2017; and a motion for confirmation of its interpretation of the December 2022 order’s remedy concerning the decommissioning tax position. In January 2023 the retail regulators filed a motion for confirmation of their interpretation of the refund requirement in the December 2022 FERC order and a provisional request for rehearing. In February 2023 the FERC issued a notice that the rehearing requests have been deemed denied by operation of law. The deemed denial of the rehearing request initiates the sixty-day period in which aggrieved parties may petition for federal appellate court review of the underlying FERC orders; however, the FERC may issue a substantive order on rehearing as long as it continues to have jurisdiction over the case. In March 2023, System Energy filed in the United States Court of Appeals for the Fifth Circuit a petition for review of the December 2022 order. In March 2023, System Energy also filed an unopposed motion to stay the proceeding in the Fifth Circuit pending the FERC’s disposition of the pending motions, and the court granted the motion to stay. In February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the MPSC settlement, Entergy Mississippi will continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argues that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. Entergy Mississippi’s allocated sale-leaseback renewal costs are estimated at $5.7 million annually for the remaining term of the sale-leaseback renewal. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. The following are updates to that discussion. Unit Power Sales Agreement Complaint As discussed in the Form 10-K, the first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. In November 2021 the LPSC, the APSC, and t
Entergy Arkansas [Member]
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy As discussed in the Form 10-K, in a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Cuts and Jobs Act. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. In December 2022 the FERC issued an order addressing the ALJ’s initial decision and denying System Energy’s motion to vacate the initial decision. The FERC disagreed with the ALJ’s determination that $147 million should be credited to customers in the same manner as the excess accumulated deferred income taxes addressed in System Energy’s March 2018 filing, which had included a stated amount of excess accumulated deferred income taxes to be returned pursuant to a specified methodology and had not included any excess accumulated deferred income taxes associated with the decommissioning tax position. Instead, the FERC ordered System Energy to compute the amount of excess accumulated deferred income taxes associated with the decommissioning tax position with consideration for the resolution of the tax position by the IRS. In February 2023, System Energy made the required filing with the FERC. In June 2023 the FERC issued a deficiency letter requesting additional information about the IRS’s resolution of the tax position for 2016 and 2017. In July 2023, System Energy provided the additional information. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2023, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.01639 per kWh to $0.01883 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2022 and a $32 million deferral related to the 2021 February winter storms consistent with APSC general staff’s request in 2022. The under-recovered balance included in the filing was partially offset by the proceeds of the $41.7 million refund that System Energy made to Entergy Arkansas in January 2023 related to the sale-leaseback renewal costs and depreciation litigation as calculated in System Energy’s January 2023 compliance report filed with the FERC. The redetermined rate of $0.01883 per kWh became effective with the first billing cycle in April 2023 through the normal operation of the tariff. See Note 2 to the financial statements in the Form 10-K for information on the 2021 February winter storm investigation proceeding. Entergy Mississippi In June 2023 the MPSC approved the joint stipulation agreement between Entergy Mississippi and the Mississippi Public Utilities Staff for Entergy Mississippi’s 2023 formula rate plan filing. The stipulation directed Entergy Mississippi to make a compliance filing to revise its power management cost adjustment factor, to revise its grid modernization cost adjustment factor, and to include a revision to reduce the net energy cost factor to a level necessary to reflect an average natural gas price of $4.50 per MMBtu. The MPSC approved the compliance filing in June 2023, effective for July 2023 bills. See “ Retail Rate Proceedings - Filings with the MPSC (Entergy Mississippi) - Retail Rates - 2023 Formula Rate Plan Filing” below for further discussion of the 2023 formula rate plan filing and the joint stipulation agreement. Entergy Texas As discussed in the Form 10-K, in September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. In November 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In March 2023 municipal intervenors filed testimony proposing a $5.2 million disallowance for fuel purchased during Winter Storm Uri. The PUCT staff proposed no disallowance. Entergy Texas filed rebuttal testimony in April 2023. In May 2023, Entergy Texas filed, and the ALJ with the State Office of Administrative Hearings granted, a joint motion to abate the proceeding to give parties additional time to finalize a settlement and cancelling the hearing on the merits previously scheduled for May 2023. In July 2023, Entergy Texas filed an unopposed settlement, supporting testimony, and an agreed motion to admit evidence and remand the proceeding to the PUCT. Pursuant to the unopposed settlement, Entergy Texas would receive no disallowance of fuel costs incurred over the three-year reconciliation period and retain $9.3 million in margins from off-system sales made during the reconciliation period. In July 2023 the ALJ with the State Office of Administrative Hearings granted the motion to admit evidence and remanded the proceeding to the PUCT for consideration of the unopposed settlement. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2023 Formula Rate Plan Filing In July 2023, Entergy Arkansas filed with the APSC its 2023 formula rate plan filing to set its formula rate for the 2024 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2024 and a netting adjustment for the historical year 2022. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2024 projected year is 8.11% resulting in a revenue deficiency of $80.5 million. The earned rate of return on common equity for the 2022 historical year was 7.29% resulting in a $49.8 million netting adjustment. The total proposed revenue change for the 2024 projected year and 2022 historical year netting adjustment is $130.3 million. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeded the constraint, the resulting increase is limited to $88.6 million. COVID-19 Orders See Note 2 to the financial statements in the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In its 2023 formula rate plan filing, Entergy Arkansas proposed to amortize the COVID-19 regulatory asset over a ten-year period. As of June 30, 2023, Entergy Arkansas had a regulatory asset of $39 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) 2022 Formula Rate Plan Filing In May 2023, Entergy Louisiana filed its formula rate plan evaluation report for its 2022 calendar year operations. The 2022 test year evaluation report produced an earned return on common equity of 8.33%, requiring an approximately $70.7 million increase to base rider revenue. Due to a cap for the 2021 and 2022 test years, however, base rider formula rate plan revenues are only being increased by approximately $4.9 million, leaving an ongoing revenue deficiency of approximately $65.9 million and providing for prospective return on common equity opportunity of approximately 8.38%. Other changes in formula rate plan revenue driven by increases in capacity costs, primarily legacy capacity costs, additions eligible for recovery through the transmission recovery mechanism and distribution recovery mechanism, and higher sales during the test period, are offset by reductions in net MISO costs as well as credits for FERC-ordered refunds. Also included in the 2022 test year distribution recovery mechanism revenue requirement is a $6 million credit relating to the distribution recovery mechanism performance accountability standards and requirements. In total, the net increase in formula rate plan revenues, including base formula rate plan revenues inside the formula rate plan bandwidth and subject to the cap, as well as other formula rate plan revenues outside of the bandwidth, is $85.2 million. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In April 2023, Entergy Louisiana filed an application proposing to utilize approximately $1.6 billion in certain low interest debt to generate earnings to apply toward the reduction of the COVID-19 regulatory asset, as well as to conduct additional outside right-of-way vegetation management activities and to apply to the minor storm reserve account. In that filing, Entergy Louisiana proposed to delay repayment of certain shorter-term first mortgage bonds that were issued to finance storm restoration costs until the costs could be securitized and to invest the funds that otherwise would be used to repay those bonds in the money pool to take advantage of the spread between prevailing interest rates on investments in the money pool and the interest rates on the bonds. The LPSC approved Entergy Louisiana’s requested relief in June 2023 and a subsequent filing will be required to permit the LPSC to review the COVID-19 regulatory asset. As of June 30, 2023, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID -19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2023 Formula Rate Plan Filing In March 2023, Entergy Mississippi submitted its formula rate plan 2023 test year filing and 2022 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2022 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2023 calendar year to be below the formula rate plan bandwidth. The 2023 test year filing shows a $39.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on rate base to the specified point of adjustment of 6.67%, within the formula rate plan bandwidth. The 2022 look-back filing compares actual 2022 results to the approved benchmark return on rate base and reflects the need for a $19.8 million temporary increase in formula rate plan revenues, including the refund of a $1.3 million over-recovery resulting from the demand-side management costs true-up for 2022. In fourth quarter 2022, Entergy Mississippi recorded a regulatory asset of $18.2 million in connection with the look-back feature of the formula rate plan to reflect that the 2022 estimated earned return was below the formula rate plan bandwidth. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $27.9 million interim rate increase, reflecting a cap equal to 2% of 2022 retail revenues, effective in April 2023. In May 2023, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed a 2023 test year filing resulting in a total revenue increase of $26.5 million for 2023. Pursuant to the joint stipulation, Entergy Mississippi’s 2022 look-back filing reflected an earned return on rate base of 6.10% in calendar year 2022, which is below the look-back bandwidth, resulting in a $19.0 million increase in the formula rate plan revenues on an interim basis through June 2024. Entergy Mississippi recorded a regulatory credit of $0.8 million in June 2023 to reflect the increase in the look-back regulatory asset. In addition, certain long-term service agreement and conductor handling costs were authorized for realignment from the formula rate plan to the annual power management and grid modernization riders effective January 2023, resulting in regulatory credits recorded in June 2023 of $4.1 million and $4.3 million, respectively. Also, the amortization of Entergy Mississippi’s COVID-19 bad debt deferral was suspended for calendar year 2023 and will resume in 2024. In June 2023 the MPSC approved the joint stipulation with rates effective in July 2023. Filings with the City Council (Entergy New Orleans) Retail Rates 2023 Formula Rate Plan Filing In April 2023, Entergy New Orleans submitted to the City Council its formula rate plan 2022 test year filing. The 2022 test year evaluation report produced an electric earned return on equity of 7.34% and a gas earned return on equity of 3.52% compared to the authorized return on equity for each of 9.35%. Entergy New Orleans seeks approval of a $25.6 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $17.4 million and an increase in authorized gas revenues of $8.2 million. Entergy New Orleans also seeks to commence collecting $3.4 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. The filing was subject to review by the City Council and other parties over a 75-day review period. In July 2023, Entergy New Orleans filed a report to decrease its requested formula rate plan revenues by approximately $0.5 million to account for minor errors discovered after the filing. The City Council advisors issued a report seeking a reduction in requested formula rate plan revenues of approximately $8.3 million, combined for electric and gas, due to alleged errors. The City Council advisors proposed additional rate mitigation in the amount of $12 million through offsets to the formula rate plan rate increase by certain regulatory liabilities. The parties have until August 9, 2023 to reach an agreement on the final amount of the formula rate plan revenue increase. If no agreement is reached, Entergy New Orleans has the right to implement its requested rate subject to final resolution through a subsequent litigated proceeding. Resulting rates will be effective with the first billing cycle of September 2023 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council would set a procedural schedule that would extend the process for City Council approval of disputed rate adjustments. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case As discussed in the Form 10-K, in July 2022, Entergy Texas filed a base rate case with the PUCT seeking a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase were changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions reflected in the then-effective distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which have been reset to zero as a result of this proceeding. In May 2023, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding, except for issues related to electric vehicle charging infrastructure, and Entergy Texas filed an agreed motion for interim rates, subject to refund or surcharge to the extent that the interim rates differ from the final approved rates. The unopposed settlement reflected a base rate increase to be effective and relate back to December 2022 of $54 million, exclusive of, and incremental to, the costs being realigned from the distribution and transmission cost recovery factor riders and the generation cost recovery rider and $4.8 million of rate case expenses to be recovered through a rider over a period of 36 months. The base rate increase of $54 million includes updated depreciation rates and a total annual revenue requirement of $14.5 million for the accrual of a self-insured storm reserve and the recovery of the regulatory assets for the pension and postretirement benefits expense deferral, costs associated with the COVID-19 pandemic, and retired non-advanced metering system electric meters. In May 2023 the ALJ with the State Office of Administrative Hearings granted the motion for interim rates, which became effective in June 2023. Additionally, the ALJ remanded the proceeding, except for the issues related to electric vehicle charging infrastructure, to the PUCT to consider the settlement. In June 2023 the ALJ issued a proposal for decision related to the electric vehicle charging infrastructure issues and which noted recent legislation enacted which permits electric utilities to own and operate such infrastructure. The ALJ’s proposal for decision deferred to the PUCT regarding whether it is appropriate for any vertically integrated electric utility, or Entergy Texas specifically, to own electric vehicle charging infrastructure, and in the event that the PUCT decided ownership is permissible, the ALJ recommended approval of the proposed tariff to charge host customers for utility-owned and operated electric vehicle charging infrastructure sited on customer premises and denial of the proposed tariff to temporarily adjust billing demand charges for separately metered electric vehicle charging infrastructure, citing cost-shifting concerns. In July 2023 the parties filed exceptions and replies to exceptions to the proposal for decision. At its August 3, 2023 open meeting, the PUCT voted to issue a final order approving the unopposed settlement and to consider the issues related to electric vehicle charging infrastructure addressed in the ALJ’s proposal for decision in a separate future proceeding. Generation Cost Recovery Rider As discussed in the Form 10-K, in August 2022 the PUCT approved a unanimous settlement agreement adjusting Entergy Texas’s generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility, and rates became effective. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. In April 2023 the PUCT approved Entergy Texas’s as-filed request with rates effective over three months beginning in May 2023. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. The base rate increase of $54 million in the unopposed settlement filed in the base rate case proceeding in May 2023, which is awaiting PUCT approval, includes an annual revenue requirement of $3.4 million related to recovery of the regulatory asset for costs associated with the COVID-19 pandemic. Entergy Texas began recovery of the regulatory asset with the interim increase in the annual base rate effective in June 2023. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in January 2023, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a notice of appeal of the U.S. District Court for the Eastern District of Arkansas’s order denying its motion to intervene to the United States Court of Appeals for the Eighth Circuit and a motion with the district court to stay the proceedings pending the appeal, which was denied. In February 2023, Arkansas Electric Energy Consumers, Inc. filed a motion with the United States Court of Appeals for the Eighth District to stay the proceedings pending the appeal, which also was denied. The trial was held in February 2023. Following the trial, Entergy Arkansas filed a motion with the United States Court of Appeals for the Eighth District to expedite the appeal filed by Arkansas Electric Energy Consumers, Inc. The court granted Entergy Arkansas’s request, and oral arguments were held in June 2023. An order from the court is expected in 2023. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. System Energy and the Unit Power Sales Agreement are currently the subject of several litigation proceedings at the FERC, including challenges with respect to System Energy’s authorized return on equity and capital structure, renewal of its sale-leaseback arrangement, treatment of uncertain tax positions, a broader investigation of rates under the Unit Power Sales Agreement, and a prudence complaint challenging the extended power uprate completed at Grand Gulf in 2012 and the operation and management of Grand Gulf, particularly in the 2016-2020 time period. The claims in these proceedings include claims for refunds and claims for rate adjustments; the aggregate amount of refunds claimed in these proceedings substantially exceeds the net book value of System Energy. In the event of an adverse decision in one or more of these proceedings requiring the payment of substantial additional refunds, System Energy would be required to seek financing to pay such refunds which may not be available on terms acceptable to System Energy, or may not be available at all, when required. The following are updates to that discussion. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding initiated by the LPSC, the MPSC, the APSC, and the City Council against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $39 million, which includes interest through June 30, 2023, and the estimated resulting annual rate reduction would be approximately $28 million. As a result of the 2022 settlement agreement with the MPSC, both the estimated refund and rate reduction exclude Entergy Mississippi's portion. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, the APSC, the MPSC, the City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, the APSC, the MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. The APSC, the MPSC, and the City Council subsequently intervened in the proceeding. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision, and in December 2022 the FERC issued an order on the ALJ’s initial decision, which affirmed it in part and modified it in part. The FERC’s order directed System Energy to calculate refunds on three issues, and to provide a compliance report detailing the calculations. The FERC’s order also disallows the future recovery of sale-leaseback renewal costs, which is estimated at approximately $11.5 million annually for purchases from Entergy Arkansas, Entergy Louisiana, and Entergy New Orleans through July 2036. The three refund issues are rental expenses related to the renewal of the sale-leaseback arrangements; refunds, if any, for the revenue requirement impact of including accumulated deferred income taxes resulting from the decommissioning uncertain tax positions from 2004 through the present; and refunds for the net effect of correcting the depreciation inputs for capital additions attributable to the portion of plant subject to the sale-leaseback. In January 2023, System Energy filed its compliance report with the FERC. With respect to the sale-leaseback renewal costs, System Energy calculated a refund of $89.8 million, which represented all of the sale-leaseback renewal rental costs that System Energy recovered in rates, with interest. With respect to the decommissioning uncertain tax position issue, System Energy calculated that no additional refunds are owed because it had already provided a one-time historical credit (for the period January 2016 through September 2020) of $25.2 million based on the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position, and because it has been providing an ongoing rate base credit for the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position since October 2020. With respect to the depreciation refund, System Energy calculated a refund of $13.7 million, which is the net total of a refund to customers for excess depreciation expense previously collected, plus interest, offset by the additional return on rate base that System Energy previously did not collect, without interest. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the regulatory charge and corresponding regulatory liability recorded in June 2022 related to these proceedings. In January 2023, System Energy paid the refunds of $103.5 million, which included refunds of $41.7 million to Entergy Arkansas, $27.8 million to Entergy Louisiana, and $34 million to Entergy New Orleans. In January 2023, System Energy filed a request for rehearing of the FERC’s determinations in the December 2022 order on sale-leaseback refund issues and future lease cost disallowances, the FERC’s prospective policy on uncertain tax positions, and the proper accounting of System Energy’s accumulated deferred income taxes adjustment for the Tax Cuts and Jobs Act of 2017; and a motion for confirmation of its interpretation of the December 2022 order’s remedy concerning the decommissioning tax position. In January 2023 the retail regulators filed a motion for confirmation of their interpretation of the refund requirement in the December 2022 FERC order and a provisional request for rehearing. In February 2023 the FERC issued a notice that the rehearing requests have been deemed denied by operation of law. The deemed denial of the rehearing request initiates the sixty-day period in which aggrieved parties may petition for federal appellate court review of the underlying FERC orders; however, the FERC may issue a substantive order on rehearing as long as it continues to have jurisdiction over the case. In March 2023, System Energy filed in the United States Court of Appeals for the Fifth Circuit a petition for review of the December 2022 order. In March 2023, System Energy also filed an unopposed motion to stay the proceeding in the Fifth Circuit pending the FERC’s disposition of the pending motions, and the court granted the motion to stay. In February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the MPSC settlement, Entergy Mississippi will continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argues that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. Entergy Mississippi’s allocated sale-leaseback renewal costs are estimated at $5.7 million annually for the remaining term of the sale-leaseback renewal. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. The following are updates to that discussion. Unit Power Sales Agreement Complaint As discussed in the Form 10-K, the first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. In November 2021 the LPSC, the APSC, and t
Entergy Louisiana [Member]
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy As discussed in the Form 10-K, in a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Cuts and Jobs Act. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. In December 2022 the FERC issued an order addressing the ALJ’s initial decision and denying System Energy’s motion to vacate the initial decision. The FERC disagreed with the ALJ’s determination that $147 million should be credited to customers in the same manner as the excess accumulated deferred income taxes addressed in System Energy’s March 2018 filing, which had included a stated amount of excess accumulated deferred income taxes to be returned pursuant to a specified methodology and had not included any excess accumulated deferred income taxes associated with the decommissioning tax position. Instead, the FERC ordered System Energy to compute the amount of excess accumulated deferred income taxes associated with the decommissioning tax position with consideration for the resolution of the tax position by the IRS. In February 2023, System Energy made the required filing with the FERC. In June 2023 the FERC issued a deficiency letter requesting additional information about the IRS’s resolution of the tax position for 2016 and 2017. In July 2023, System Energy provided the additional information. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2023, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.01639 per kWh to $0.01883 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2022 and a $32 million deferral related to the 2021 February winter storms consistent with APSC general staff’s request in 2022. The under-recovered balance included in the filing was partially offset by the proceeds of the $41.7 million refund that System Energy made to Entergy Arkansas in January 2023 related to the sale-leaseback renewal costs and depreciation litigation as calculated in System Energy’s January 2023 compliance report filed with the FERC. The redetermined rate of $0.01883 per kWh became effective with the first billing cycle in April 2023 through the normal operation of the tariff. See Note 2 to the financial statements in the Form 10-K for information on the 2021 February winter storm investigation proceeding. Entergy Mississippi In June 2023 the MPSC approved the joint stipulation agreement between Entergy Mississippi and the Mississippi Public Utilities Staff for Entergy Mississippi’s 2023 formula rate plan filing. The stipulation directed Entergy Mississippi to make a compliance filing to revise its power management cost adjustment factor, to revise its grid modernization cost adjustment factor, and to include a revision to reduce the net energy cost factor to a level necessary to reflect an average natural gas price of $4.50 per MMBtu. The MPSC approved the compliance filing in June 2023, effective for July 2023 bills. See “ Retail Rate Proceedings - Filings with the MPSC (Entergy Mississippi) - Retail Rates - 2023 Formula Rate Plan Filing” below for further discussion of the 2023 formula rate plan filing and the joint stipulation agreement. Entergy Texas As discussed in the Form 10-K, in September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. In November 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In March 2023 municipal intervenors filed testimony proposing a $5.2 million disallowance for fuel purchased during Winter Storm Uri. The PUCT staff proposed no disallowance. Entergy Texas filed rebuttal testimony in April 2023. In May 2023, Entergy Texas filed, and the ALJ with the State Office of Administrative Hearings granted, a joint motion to abate the proceeding to give parties additional time to finalize a settlement and cancelling the hearing on the merits previously scheduled for May 2023. In July 2023, Entergy Texas filed an unopposed settlement, supporting testimony, and an agreed motion to admit evidence and remand the proceeding to the PUCT. Pursuant to the unopposed settlement, Entergy Texas would receive no disallowance of fuel costs incurred over the three-year reconciliation period and retain $9.3 million in margins from off-system sales made during the reconciliation period. In July 2023 the ALJ with the State Office of Administrative Hearings granted the motion to admit evidence and remanded the proceeding to the PUCT for consideration of the unopposed settlement. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2023 Formula Rate Plan Filing In July 2023, Entergy Arkansas filed with the APSC its 2023 formula rate plan filing to set its formula rate for the 2024 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2024 and a netting adjustment for the historical year 2022. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2024 projected year is 8.11% resulting in a revenue deficiency of $80.5 million. The earned rate of return on common equity for the 2022 historical year was 7.29% resulting in a $49.8 million netting adjustment. The total proposed revenue change for the 2024 projected year and 2022 historical year netting adjustment is $130.3 million. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeded the constraint, the resulting increase is limited to $88.6 million. COVID-19 Orders See Note 2 to the financial statements in the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In its 2023 formula rate plan filing, Entergy Arkansas proposed to amortize the COVID-19 regulatory asset over a ten-year period. As of June 30, 2023, Entergy Arkansas had a regulatory asset of $39 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) 2022 Formula Rate Plan Filing In May 2023, Entergy Louisiana filed its formula rate plan evaluation report for its 2022 calendar year operations. The 2022 test year evaluation report produced an earned return on common equity of 8.33%, requiring an approximately $70.7 million increase to base rider revenue. Due to a cap for the 2021 and 2022 test years, however, base rider formula rate plan revenues are only being increased by approximately $4.9 million, leaving an ongoing revenue deficiency of approximately $65.9 million and providing for prospective return on common equity opportunity of approximately 8.38%. Other changes in formula rate plan revenue driven by increases in capacity costs, primarily legacy capacity costs, additions eligible for recovery through the transmission recovery mechanism and distribution recovery mechanism, and higher sales during the test period, are offset by reductions in net MISO costs as well as credits for FERC-ordered refunds. Also included in the 2022 test year distribution recovery mechanism revenue requirement is a $6 million credit relating to the distribution recovery mechanism performance accountability standards and requirements. In total, the net increase in formula rate plan revenues, including base formula rate plan revenues inside the formula rate plan bandwidth and subject to the cap, as well as other formula rate plan revenues outside of the bandwidth, is $85.2 million. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In April 2023, Entergy Louisiana filed an application proposing to utilize approximately $1.6 billion in certain low interest debt to generate earnings to apply toward the reduction of the COVID-19 regulatory asset, as well as to conduct additional outside right-of-way vegetation management activities and to apply to the minor storm reserve account. In that filing, Entergy Louisiana proposed to delay repayment of certain shorter-term first mortgage bonds that were issued to finance storm restoration costs until the costs could be securitized and to invest the funds that otherwise would be used to repay those bonds in the money pool to take advantage of the spread between prevailing interest rates on investments in the money pool and the interest rates on the bonds. The LPSC approved Entergy Louisiana’s requested relief in June 2023 and a subsequent filing will be required to permit the LPSC to review the COVID-19 regulatory asset. As of June 30, 2023, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID -19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2023 Formula Rate Plan Filing In March 2023, Entergy Mississippi submitted its formula rate plan 2023 test year filing and 2022 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2022 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2023 calendar year to be below the formula rate plan bandwidth. The 2023 test year filing shows a $39.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on rate base to the specified point of adjustment of 6.67%, within the formula rate plan bandwidth. The 2022 look-back filing compares actual 2022 results to the approved benchmark return on rate base and reflects the need for a $19.8 million temporary increase in formula rate plan revenues, including the refund of a $1.3 million over-recovery resulting from the demand-side management costs true-up for 2022. In fourth quarter 2022, Entergy Mississippi recorded a regulatory asset of $18.2 million in connection with the look-back feature of the formula rate plan to reflect that the 2022 estimated earned return was below the formula rate plan bandwidth. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $27.9 million interim rate increase, reflecting a cap equal to 2% of 2022 retail revenues, effective in April 2023. In May 2023, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed a 2023 test year filing resulting in a total revenue increase of $26.5 million for 2023. Pursuant to the joint stipulation, Entergy Mississippi’s 2022 look-back filing reflected an earned return on rate base of 6.10% in calendar year 2022, which is below the look-back bandwidth, resulting in a $19.0 million increase in the formula rate plan revenues on an interim basis through June 2024. Entergy Mississippi recorded a regulatory credit of $0.8 million in June 2023 to reflect the increase in the look-back regulatory asset. In addition, certain long-term service agreement and conductor handling costs were authorized for realignment from the formula rate plan to the annual power management and grid modernization riders effective January 2023, resulting in regulatory credits recorded in June 2023 of $4.1 million and $4.3 million, respectively. Also, the amortization of Entergy Mississippi’s COVID-19 bad debt deferral was suspended for calendar year 2023 and will resume in 2024. In June 2023 the MPSC approved the joint stipulation with rates effective in July 2023. Filings with the City Council (Entergy New Orleans) Retail Rates 2023 Formula Rate Plan Filing In April 2023, Entergy New Orleans submitted to the City Council its formula rate plan 2022 test year filing. The 2022 test year evaluation report produced an electric earned return on equity of 7.34% and a gas earned return on equity of 3.52% compared to the authorized return on equity for each of 9.35%. Entergy New Orleans seeks approval of a $25.6 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $17.4 million and an increase in authorized gas revenues of $8.2 million. Entergy New Orleans also seeks to commence collecting $3.4 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. The filing was subject to review by the City Council and other parties over a 75-day review period. In July 2023, Entergy New Orleans filed a report to decrease its requested formula rate plan revenues by approximately $0.5 million to account for minor errors discovered after the filing. The City Council advisors issued a report seeking a reduction in requested formula rate plan revenues of approximately $8.3 million, combined for electric and gas, due to alleged errors. The City Council advisors proposed additional rate mitigation in the amount of $12 million through offsets to the formula rate plan rate increase by certain regulatory liabilities. The parties have until August 9, 2023 to reach an agreement on the final amount of the formula rate plan revenue increase. If no agreement is reached, Entergy New Orleans has the right to implement its requested rate subject to final resolution through a subsequent litigated proceeding. Resulting rates will be effective with the first billing cycle of September 2023 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council would set a procedural schedule that would extend the process for City Council approval of disputed rate adjustments. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case As discussed in the Form 10-K, in July 2022, Entergy Texas filed a base rate case with the PUCT seeking a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase were changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions reflected in the then-effective distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which have been reset to zero as a result of this proceeding. In May 2023, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding, except for issues related to electric vehicle charging infrastructure, and Entergy Texas filed an agreed motion for interim rates, subject to refund or surcharge to the extent that the interim rates differ from the final approved rates. The unopposed settlement reflected a base rate increase to be effective and relate back to December 2022 of $54 million, exclusive of, and incremental to, the costs being realigned from the distribution and transmission cost recovery factor riders and the generation cost recovery rider and $4.8 million of rate case expenses to be recovered through a rider over a period of 36 months. The base rate increase of $54 million includes updated depreciation rates and a total annual revenue requirement of $14.5 million for the accrual of a self-insured storm reserve and the recovery of the regulatory assets for the pension and postretirement benefits expense deferral, costs associated with the COVID-19 pandemic, and retired non-advanced metering system electric meters. In May 2023 the ALJ with the State Office of Administrative Hearings granted the motion for interim rates, which became effective in June 2023. Additionally, the ALJ remanded the proceeding, except for the issues related to electric vehicle charging infrastructure, to the PUCT to consider the settlement. In June 2023 the ALJ issued a proposal for decision related to the electric vehicle charging infrastructure issues and which noted recent legislation enacted which permits electric utilities to own and operate such infrastructure. The ALJ’s proposal for decision deferred to the PUCT regarding whether it is appropriate for any vertically integrated electric utility, or Entergy Texas specifically, to own electric vehicle charging infrastructure, and in the event that the PUCT decided ownership is permissible, the ALJ recommended approval of the proposed tariff to charge host customers for utility-owned and operated electric vehicle charging infrastructure sited on customer premises and denial of the proposed tariff to temporarily adjust billing demand charges for separately metered electric vehicle charging infrastructure, citing cost-shifting concerns. In July 2023 the parties filed exceptions and replies to exceptions to the proposal for decision. At its August 3, 2023 open meeting, the PUCT voted to issue a final order approving the unopposed settlement and to consider the issues related to electric vehicle charging infrastructure addressed in the ALJ’s proposal for decision in a separate future proceeding. Generation Cost Recovery Rider As discussed in the Form 10-K, in August 2022 the PUCT approved a unanimous settlement agreement adjusting Entergy Texas’s generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility, and rates became effective. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. In April 2023 the PUCT approved Entergy Texas’s as-filed request with rates effective over three months beginning in May 2023. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. The base rate increase of $54 million in the unopposed settlement filed in the base rate case proceeding in May 2023, which is awaiting PUCT approval, includes an annual revenue requirement of $3.4 million related to recovery of the regulatory asset for costs associated with the COVID-19 pandemic. Entergy Texas began recovery of the regulatory asset with the interim increase in the annual base rate effective in June 2023. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in January 2023, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a notice of appeal of the U.S. District Court for the Eastern District of Arkansas’s order denying its motion to intervene to the United States Court of Appeals for the Eighth Circuit and a motion with the district court to stay the proceedings pending the appeal, which was denied. In February 2023, Arkansas Electric Energy Consumers, Inc. filed a motion with the United States Court of Appeals for the Eighth District to stay the proceedings pending the appeal, which also was denied. The trial was held in February 2023. Following the trial, Entergy Arkansas filed a motion with the United States Court of Appeals for the Eighth District to expedite the appeal filed by Arkansas Electric Energy Consumers, Inc. The court granted Entergy Arkansas’s request, and oral arguments were held in June 2023. An order from the court is expected in 2023. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. System Energy and the Unit Power Sales Agreement are currently the subject of several litigation proceedings at the FERC, including challenges with respect to System Energy’s authorized return on equity and capital structure, renewal of its sale-leaseback arrangement, treatment of uncertain tax positions, a broader investigation of rates under the Unit Power Sales Agreement, and a prudence complaint challenging the extended power uprate completed at Grand Gulf in 2012 and the operation and management of Grand Gulf, particularly in the 2016-2020 time period. The claims in these proceedings include claims for refunds and claims for rate adjustments; the aggregate amount of refunds claimed in these proceedings substantially exceeds the net book value of System Energy. In the event of an adverse decision in one or more of these proceedings requiring the payment of substantial additional refunds, System Energy would be required to seek financing to pay such refunds which may not be available on terms acceptable to System Energy, or may not be available at all, when required. The following are updates to that discussion. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding initiated by the LPSC, the MPSC, the APSC, and the City Council against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $39 million, which includes interest through June 30, 2023, and the estimated resulting annual rate reduction would be approximately $28 million. As a result of the 2022 settlement agreement with the MPSC, both the estimated refund and rate reduction exclude Entergy Mississippi's portion. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, the APSC, the MPSC, the City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, the APSC, the MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. The APSC, the MPSC, and the City Council subsequently intervened in the proceeding. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision, and in December 2022 the FERC issued an order on the ALJ’s initial decision, which affirmed it in part and modified it in part. The FERC’s order directed System Energy to calculate refunds on three issues, and to provide a compliance report detailing the calculations. The FERC’s order also disallows the future recovery of sale-leaseback renewal costs, which is estimated at approximately $11.5 million annually for purchases from Entergy Arkansas, Entergy Louisiana, and Entergy New Orleans through July 2036. The three refund issues are rental expenses related to the renewal of the sale-leaseback arrangements; refunds, if any, for the revenue requirement impact of including accumulated deferred income taxes resulting from the decommissioning uncertain tax positions from 2004 through the present; and refunds for the net effect of correcting the depreciation inputs for capital additions attributable to the portion of plant subject to the sale-leaseback. In January 2023, System Energy filed its compliance report with the FERC. With respect to the sale-leaseback renewal costs, System Energy calculated a refund of $89.8 million, which represented all of the sale-leaseback renewal rental costs that System Energy recovered in rates, with interest. With respect to the decommissioning uncertain tax position issue, System Energy calculated that no additional refunds are owed because it had already provided a one-time historical credit (for the period January 2016 through September 2020) of $25.2 million based on the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position, and because it has been providing an ongoing rate base credit for the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position since October 2020. With respect to the depreciation refund, System Energy calculated a refund of $13.7 million, which is the net total of a refund to customers for excess depreciation expense previously collected, plus interest, offset by the additional return on rate base that System Energy previously did not collect, without interest. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the regulatory charge and corresponding regulatory liability recorded in June 2022 related to these proceedings. In January 2023, System Energy paid the refunds of $103.5 million, which included refunds of $41.7 million to Entergy Arkansas, $27.8 million to Entergy Louisiana, and $34 million to Entergy New Orleans. In January 2023, System Energy filed a request for rehearing of the FERC’s determinations in the December 2022 order on sale-leaseback refund issues and future lease cost disallowances, the FERC’s prospective policy on uncertain tax positions, and the proper accounting of System Energy’s accumulated deferred income taxes adjustment for the Tax Cuts and Jobs Act of 2017; and a motion for confirmation of its interpretation of the December 2022 order’s remedy concerning the decommissioning tax position. In January 2023 the retail regulators filed a motion for confirmation of their interpretation of the refund requirement in the December 2022 FERC order and a provisional request for rehearing. In February 2023 the FERC issued a notice that the rehearing requests have been deemed denied by operation of law. The deemed denial of the rehearing request initiates the sixty-day period in which aggrieved parties may petition for federal appellate court review of the underlying FERC orders; however, the FERC may issue a substantive order on rehearing as long as it continues to have jurisdiction over the case. In March 2023, System Energy filed in the United States Court of Appeals for the Fifth Circuit a petition for review of the December 2022 order. In March 2023, System Energy also filed an unopposed motion to stay the proceeding in the Fifth Circuit pending the FERC’s disposition of the pending motions, and the court granted the motion to stay. In February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the MPSC settlement, Entergy Mississippi will continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argues that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. Entergy Mississippi’s allocated sale-leaseback renewal costs are estimated at $5.7 million annually for the remaining term of the sale-leaseback renewal. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. The following are updates to that discussion. Unit Power Sales Agreement Complaint As discussed in the Form 10-K, the first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. In November 2021 the LPSC, the APSC, and t
Entergy Mississippi [Member]
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy As discussed in the Form 10-K, in a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Cuts and Jobs Act. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. In December 2022 the FERC issued an order addressing the ALJ’s initial decision and denying System Energy’s motion to vacate the initial decision. The FERC disagreed with the ALJ’s determination that $147 million should be credited to customers in the same manner as the excess accumulated deferred income taxes addressed in System Energy’s March 2018 filing, which had included a stated amount of excess accumulated deferred income taxes to be returned pursuant to a specified methodology and had not included any excess accumulated deferred income taxes associated with the decommissioning tax position. Instead, the FERC ordered System Energy to compute the amount of excess accumulated deferred income taxes associated with the decommissioning tax position with consideration for the resolution of the tax position by the IRS. In February 2023, System Energy made the required filing with the FERC. In June 2023 the FERC issued a deficiency letter requesting additional information about the IRS’s resolution of the tax position for 2016 and 2017. In July 2023, System Energy provided the additional information. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2023, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.01639 per kWh to $0.01883 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2022 and a $32 million deferral related to the 2021 February winter storms consistent with APSC general staff’s request in 2022. The under-recovered balance included in the filing was partially offset by the proceeds of the $41.7 million refund that System Energy made to Entergy Arkansas in January 2023 related to the sale-leaseback renewal costs and depreciation litigation as calculated in System Energy’s January 2023 compliance report filed with the FERC. The redetermined rate of $0.01883 per kWh became effective with the first billing cycle in April 2023 through the normal operation of the tariff. See Note 2 to the financial statements in the Form 10-K for information on the 2021 February winter storm investigation proceeding. Entergy Mississippi In June 2023 the MPSC approved the joint stipulation agreement between Entergy Mississippi and the Mississippi Public Utilities Staff for Entergy Mississippi’s 2023 formula rate plan filing. The stipulation directed Entergy Mississippi to make a compliance filing to revise its power management cost adjustment factor, to revise its grid modernization cost adjustment factor, and to include a revision to reduce the net energy cost factor to a level necessary to reflect an average natural gas price of $4.50 per MMBtu. The MPSC approved the compliance filing in June 2023, effective for July 2023 bills. See “ Retail Rate Proceedings - Filings with the MPSC (Entergy Mississippi) - Retail Rates - 2023 Formula Rate Plan Filing” below for further discussion of the 2023 formula rate plan filing and the joint stipulation agreement. Entergy Texas As discussed in the Form 10-K, in September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. In November 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In March 2023 municipal intervenors filed testimony proposing a $5.2 million disallowance for fuel purchased during Winter Storm Uri. The PUCT staff proposed no disallowance. Entergy Texas filed rebuttal testimony in April 2023. In May 2023, Entergy Texas filed, and the ALJ with the State Office of Administrative Hearings granted, a joint motion to abate the proceeding to give parties additional time to finalize a settlement and cancelling the hearing on the merits previously scheduled for May 2023. In July 2023, Entergy Texas filed an unopposed settlement, supporting testimony, and an agreed motion to admit evidence and remand the proceeding to the PUCT. Pursuant to the unopposed settlement, Entergy Texas would receive no disallowance of fuel costs incurred over the three-year reconciliation period and retain $9.3 million in margins from off-system sales made during the reconciliation period. In July 2023 the ALJ with the State Office of Administrative Hearings granted the motion to admit evidence and remanded the proceeding to the PUCT for consideration of the unopposed settlement. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2023 Formula Rate Plan Filing In July 2023, Entergy Arkansas filed with the APSC its 2023 formula rate plan filing to set its formula rate for the 2024 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2024 and a netting adjustment for the historical year 2022. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2024 projected year is 8.11% resulting in a revenue deficiency of $80.5 million. The earned rate of return on common equity for the 2022 historical year was 7.29% resulting in a $49.8 million netting adjustment. The total proposed revenue change for the 2024 projected year and 2022 historical year netting adjustment is $130.3 million. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeded the constraint, the resulting increase is limited to $88.6 million. COVID-19 Orders See Note 2 to the financial statements in the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In its 2023 formula rate plan filing, Entergy Arkansas proposed to amortize the COVID-19 regulatory asset over a ten-year period. As of June 30, 2023, Entergy Arkansas had a regulatory asset of $39 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) 2022 Formula Rate Plan Filing In May 2023, Entergy Louisiana filed its formula rate plan evaluation report for its 2022 calendar year operations. The 2022 test year evaluation report produced an earned return on common equity of 8.33%, requiring an approximately $70.7 million increase to base rider revenue. Due to a cap for the 2021 and 2022 test years, however, base rider formula rate plan revenues are only being increased by approximately $4.9 million, leaving an ongoing revenue deficiency of approximately $65.9 million and providing for prospective return on common equity opportunity of approximately 8.38%. Other changes in formula rate plan revenue driven by increases in capacity costs, primarily legacy capacity costs, additions eligible for recovery through the transmission recovery mechanism and distribution recovery mechanism, and higher sales during the test period, are offset by reductions in net MISO costs as well as credits for FERC-ordered refunds. Also included in the 2022 test year distribution recovery mechanism revenue requirement is a $6 million credit relating to the distribution recovery mechanism performance accountability standards and requirements. In total, the net increase in formula rate plan revenues, including base formula rate plan revenues inside the formula rate plan bandwidth and subject to the cap, as well as other formula rate plan revenues outside of the bandwidth, is $85.2 million. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In April 2023, Entergy Louisiana filed an application proposing to utilize approximately $1.6 billion in certain low interest debt to generate earnings to apply toward the reduction of the COVID-19 regulatory asset, as well as to conduct additional outside right-of-way vegetation management activities and to apply to the minor storm reserve account. In that filing, Entergy Louisiana proposed to delay repayment of certain shorter-term first mortgage bonds that were issued to finance storm restoration costs until the costs could be securitized and to invest the funds that otherwise would be used to repay those bonds in the money pool to take advantage of the spread between prevailing interest rates on investments in the money pool and the interest rates on the bonds. The LPSC approved Entergy Louisiana’s requested relief in June 2023 and a subsequent filing will be required to permit the LPSC to review the COVID-19 regulatory asset. As of June 30, 2023, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID -19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2023 Formula Rate Plan Filing In March 2023, Entergy Mississippi submitted its formula rate plan 2023 test year filing and 2022 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2022 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2023 calendar year to be below the formula rate plan bandwidth. The 2023 test year filing shows a $39.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on rate base to the specified point of adjustment of 6.67%, within the formula rate plan bandwidth. The 2022 look-back filing compares actual 2022 results to the approved benchmark return on rate base and reflects the need for a $19.8 million temporary increase in formula rate plan revenues, including the refund of a $1.3 million over-recovery resulting from the demand-side management costs true-up for 2022. In fourth quarter 2022, Entergy Mississippi recorded a regulatory asset of $18.2 million in connection with the look-back feature of the formula rate plan to reflect that the 2022 estimated earned return was below the formula rate plan bandwidth. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $27.9 million interim rate increase, reflecting a cap equal to 2% of 2022 retail revenues, effective in April 2023. In May 2023, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed a 2023 test year filing resulting in a total revenue increase of $26.5 million for 2023. Pursuant to the joint stipulation, Entergy Mississippi’s 2022 look-back filing reflected an earned return on rate base of 6.10% in calendar year 2022, which is below the look-back bandwidth, resulting in a $19.0 million increase in the formula rate plan revenues on an interim basis through June 2024. Entergy Mississippi recorded a regulatory credit of $0.8 million in June 2023 to reflect the increase in the look-back regulatory asset. In addition, certain long-term service agreement and conductor handling costs were authorized for realignment from the formula rate plan to the annual power management and grid modernization riders effective January 2023, resulting in regulatory credits recorded in June 2023 of $4.1 million and $4.3 million, respectively. Also, the amortization of Entergy Mississippi’s COVID-19 bad debt deferral was suspended for calendar year 2023 and will resume in 2024. In June 2023 the MPSC approved the joint stipulation with rates effective in July 2023. Filings with the City Council (Entergy New Orleans) Retail Rates 2023 Formula Rate Plan Filing In April 2023, Entergy New Orleans submitted to the City Council its formula rate plan 2022 test year filing. The 2022 test year evaluation report produced an electric earned return on equity of 7.34% and a gas earned return on equity of 3.52% compared to the authorized return on equity for each of 9.35%. Entergy New Orleans seeks approval of a $25.6 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $17.4 million and an increase in authorized gas revenues of $8.2 million. Entergy New Orleans also seeks to commence collecting $3.4 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. The filing was subject to review by the City Council and other parties over a 75-day review period. In July 2023, Entergy New Orleans filed a report to decrease its requested formula rate plan revenues by approximately $0.5 million to account for minor errors discovered after the filing. The City Council advisors issued a report seeking a reduction in requested formula rate plan revenues of approximately $8.3 million, combined for electric and gas, due to alleged errors. The City Council advisors proposed additional rate mitigation in the amount of $12 million through offsets to the formula rate plan rate increase by certain regulatory liabilities. The parties have until August 9, 2023 to reach an agreement on the final amount of the formula rate plan revenue increase. If no agreement is reached, Entergy New Orleans has the right to implement its requested rate subject to final resolution through a subsequent litigated proceeding. Resulting rates will be effective with the first billing cycle of September 2023 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council would set a procedural schedule that would extend the process for City Council approval of disputed rate adjustments. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case As discussed in the Form 10-K, in July 2022, Entergy Texas filed a base rate case with the PUCT seeking a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase were changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions reflected in the then-effective distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which have been reset to zero as a result of this proceeding. In May 2023, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding, except for issues related to electric vehicle charging infrastructure, and Entergy Texas filed an agreed motion for interim rates, subject to refund or surcharge to the extent that the interim rates differ from the final approved rates. The unopposed settlement reflected a base rate increase to be effective and relate back to December 2022 of $54 million, exclusive of, and incremental to, the costs being realigned from the distribution and transmission cost recovery factor riders and the generation cost recovery rider and $4.8 million of rate case expenses to be recovered through a rider over a period of 36 months. The base rate increase of $54 million includes updated depreciation rates and a total annual revenue requirement of $14.5 million for the accrual of a self-insured storm reserve and the recovery of the regulatory assets for the pension and postretirement benefits expense deferral, costs associated with the COVID-19 pandemic, and retired non-advanced metering system electric meters. In May 2023 the ALJ with the State Office of Administrative Hearings granted the motion for interim rates, which became effective in June 2023. Additionally, the ALJ remanded the proceeding, except for the issues related to electric vehicle charging infrastructure, to the PUCT to consider the settlement. In June 2023 the ALJ issued a proposal for decision related to the electric vehicle charging infrastructure issues and which noted recent legislation enacted which permits electric utilities to own and operate such infrastructure. The ALJ’s proposal for decision deferred to the PUCT regarding whether it is appropriate for any vertically integrated electric utility, or Entergy Texas specifically, to own electric vehicle charging infrastructure, and in the event that the PUCT decided ownership is permissible, the ALJ recommended approval of the proposed tariff to charge host customers for utility-owned and operated electric vehicle charging infrastructure sited on customer premises and denial of the proposed tariff to temporarily adjust billing demand charges for separately metered electric vehicle charging infrastructure, citing cost-shifting concerns. In July 2023 the parties filed exceptions and replies to exceptions to the proposal for decision. At its August 3, 2023 open meeting, the PUCT voted to issue a final order approving the unopposed settlement and to consider the issues related to electric vehicle charging infrastructure addressed in the ALJ’s proposal for decision in a separate future proceeding. Generation Cost Recovery Rider As discussed in the Form 10-K, in August 2022 the PUCT approved a unanimous settlement agreement adjusting Entergy Texas’s generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility, and rates became effective. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. In April 2023 the PUCT approved Entergy Texas’s as-filed request with rates effective over three months beginning in May 2023. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. The base rate increase of $54 million in the unopposed settlement filed in the base rate case proceeding in May 2023, which is awaiting PUCT approval, includes an annual revenue requirement of $3.4 million related to recovery of the regulatory asset for costs associated with the COVID-19 pandemic. Entergy Texas began recovery of the regulatory asset with the interim increase in the annual base rate effective in June 2023. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in January 2023, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a notice of appeal of the U.S. District Court for the Eastern District of Arkansas’s order denying its motion to intervene to the United States Court of Appeals for the Eighth Circuit and a motion with the district court to stay the proceedings pending the appeal, which was denied. In February 2023, Arkansas Electric Energy Consumers, Inc. filed a motion with the United States Court of Appeals for the Eighth District to stay the proceedings pending the appeal, which also was denied. The trial was held in February 2023. Following the trial, Entergy Arkansas filed a motion with the United States Court of Appeals for the Eighth District to expedite the appeal filed by Arkansas Electric Energy Consumers, Inc. The court granted Entergy Arkansas’s request, and oral arguments were held in June 2023. An order from the court is expected in 2023. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. System Energy and the Unit Power Sales Agreement are currently the subject of several litigation proceedings at the FERC, including challenges with respect to System Energy’s authorized return on equity and capital structure, renewal of its sale-leaseback arrangement, treatment of uncertain tax positions, a broader investigation of rates under the Unit Power Sales Agreement, and a prudence complaint challenging the extended power uprate completed at Grand Gulf in 2012 and the operation and management of Grand Gulf, particularly in the 2016-2020 time period. The claims in these proceedings include claims for refunds and claims for rate adjustments; the aggregate amount of refunds claimed in these proceedings substantially exceeds the net book value of System Energy. In the event of an adverse decision in one or more of these proceedings requiring the payment of substantial additional refunds, System Energy would be required to seek financing to pay such refunds which may not be available on terms acceptable to System Energy, or may not be available at all, when required. The following are updates to that discussion. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding initiated by the LPSC, the MPSC, the APSC, and the City Council against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $39 million, which includes interest through June 30, 2023, and the estimated resulting annual rate reduction would be approximately $28 million. As a result of the 2022 settlement agreement with the MPSC, both the estimated refund and rate reduction exclude Entergy Mississippi's portion. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, the APSC, the MPSC, the City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, the APSC, the MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. The APSC, the MPSC, and the City Council subsequently intervened in the proceeding. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision, and in December 2022 the FERC issued an order on the ALJ’s initial decision, which affirmed it in part and modified it in part. The FERC’s order directed System Energy to calculate refunds on three issues, and to provide a compliance report detailing the calculations. The FERC’s order also disallows the future recovery of sale-leaseback renewal costs, which is estimated at approximately $11.5 million annually for purchases from Entergy Arkansas, Entergy Louisiana, and Entergy New Orleans through July 2036. The three refund issues are rental expenses related to the renewal of the sale-leaseback arrangements; refunds, if any, for the revenue requirement impact of including accumulated deferred income taxes resulting from the decommissioning uncertain tax positions from 2004 through the present; and refunds for the net effect of correcting the depreciation inputs for capital additions attributable to the portion of plant subject to the sale-leaseback. In January 2023, System Energy filed its compliance report with the FERC. With respect to the sale-leaseback renewal costs, System Energy calculated a refund of $89.8 million, which represented all of the sale-leaseback renewal rental costs that System Energy recovered in rates, with interest. With respect to the decommissioning uncertain tax position issue, System Energy calculated that no additional refunds are owed because it had already provided a one-time historical credit (for the period January 2016 through September 2020) of $25.2 million based on the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position, and because it has been providing an ongoing rate base credit for the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position since October 2020. With respect to the depreciation refund, System Energy calculated a refund of $13.7 million, which is the net total of a refund to customers for excess depreciation expense previously collected, plus interest, offset by the additional return on rate base that System Energy previously did not collect, without interest. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the regulatory charge and corresponding regulatory liability recorded in June 2022 related to these proceedings. In January 2023, System Energy paid the refunds of $103.5 million, which included refunds of $41.7 million to Entergy Arkansas, $27.8 million to Entergy Louisiana, and $34 million to Entergy New Orleans. In January 2023, System Energy filed a request for rehearing of the FERC’s determinations in the December 2022 order on sale-leaseback refund issues and future lease cost disallowances, the FERC’s prospective policy on uncertain tax positions, and the proper accounting of System Energy’s accumulated deferred income taxes adjustment for the Tax Cuts and Jobs Act of 2017; and a motion for confirmation of its interpretation of the December 2022 order’s remedy concerning the decommissioning tax position. In January 2023 the retail regulators filed a motion for confirmation of their interpretation of the refund requirement in the December 2022 FERC order and a provisional request for rehearing. In February 2023 the FERC issued a notice that the rehearing requests have been deemed denied by operation of law. The deemed denial of the rehearing request initiates the sixty-day period in which aggrieved parties may petition for federal appellate court review of the underlying FERC orders; however, the FERC may issue a substantive order on rehearing as long as it continues to have jurisdiction over the case. In March 2023, System Energy filed in the United States Court of Appeals for the Fifth Circuit a petition for review of the December 2022 order. In March 2023, System Energy also filed an unopposed motion to stay the proceeding in the Fifth Circuit pending the FERC’s disposition of the pending motions, and the court granted the motion to stay. In February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the MPSC settlement, Entergy Mississippi will continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argues that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. Entergy Mississippi’s allocated sale-leaseback renewal costs are estimated at $5.7 million annually for the remaining term of the sale-leaseback renewal. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. The following are updates to that discussion. Unit Power Sales Agreement Complaint As discussed in the Form 10-K, the first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. In November 2021 the LPSC, the APSC, and t
Entergy New Orleans [Member]
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy As discussed in the Form 10-K, in a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Cuts and Jobs Act. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. In December 2022 the FERC issued an order addressing the ALJ’s initial decision and denying System Energy’s motion to vacate the initial decision. The FERC disagreed with the ALJ’s determination that $147 million should be credited to customers in the same manner as the excess accumulated deferred income taxes addressed in System Energy’s March 2018 filing, which had included a stated amount of excess accumulated deferred income taxes to be returned pursuant to a specified methodology and had not included any excess accumulated deferred income taxes associated with the decommissioning tax position. Instead, the FERC ordered System Energy to compute the amount of excess accumulated deferred income taxes associated with the decommissioning tax position with consideration for the resolution of the tax position by the IRS. In February 2023, System Energy made the required filing with the FERC. In June 2023 the FERC issued a deficiency letter requesting additional information about the IRS’s resolution of the tax position for 2016 and 2017. In July 2023, System Energy provided the additional information. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2023, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.01639 per kWh to $0.01883 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2022 and a $32 million deferral related to the 2021 February winter storms consistent with APSC general staff’s request in 2022. The under-recovered balance included in the filing was partially offset by the proceeds of the $41.7 million refund that System Energy made to Entergy Arkansas in January 2023 related to the sale-leaseback renewal costs and depreciation litigation as calculated in System Energy’s January 2023 compliance report filed with the FERC. The redetermined rate of $0.01883 per kWh became effective with the first billing cycle in April 2023 through the normal operation of the tariff. See Note 2 to the financial statements in the Form 10-K for information on the 2021 February winter storm investigation proceeding. Entergy Mississippi In June 2023 the MPSC approved the joint stipulation agreement between Entergy Mississippi and the Mississippi Public Utilities Staff for Entergy Mississippi’s 2023 formula rate plan filing. The stipulation directed Entergy Mississippi to make a compliance filing to revise its power management cost adjustment factor, to revise its grid modernization cost adjustment factor, and to include a revision to reduce the net energy cost factor to a level necessary to reflect an average natural gas price of $4.50 per MMBtu. The MPSC approved the compliance filing in June 2023, effective for July 2023 bills. See “ Retail Rate Proceedings - Filings with the MPSC (Entergy Mississippi) - Retail Rates - 2023 Formula Rate Plan Filing” below for further discussion of the 2023 formula rate plan filing and the joint stipulation agreement. Entergy Texas As discussed in the Form 10-K, in September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. In November 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In March 2023 municipal intervenors filed testimony proposing a $5.2 million disallowance for fuel purchased during Winter Storm Uri. The PUCT staff proposed no disallowance. Entergy Texas filed rebuttal testimony in April 2023. In May 2023, Entergy Texas filed, and the ALJ with the State Office of Administrative Hearings granted, a joint motion to abate the proceeding to give parties additional time to finalize a settlement and cancelling the hearing on the merits previously scheduled for May 2023. In July 2023, Entergy Texas filed an unopposed settlement, supporting testimony, and an agreed motion to admit evidence and remand the proceeding to the PUCT. Pursuant to the unopposed settlement, Entergy Texas would receive no disallowance of fuel costs incurred over the three-year reconciliation period and retain $9.3 million in margins from off-system sales made during the reconciliation period. In July 2023 the ALJ with the State Office of Administrative Hearings granted the motion to admit evidence and remanded the proceeding to the PUCT for consideration of the unopposed settlement. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2023 Formula Rate Plan Filing In July 2023, Entergy Arkansas filed with the APSC its 2023 formula rate plan filing to set its formula rate for the 2024 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2024 and a netting adjustment for the historical year 2022. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2024 projected year is 8.11% resulting in a revenue deficiency of $80.5 million. The earned rate of return on common equity for the 2022 historical year was 7.29% resulting in a $49.8 million netting adjustment. The total proposed revenue change for the 2024 projected year and 2022 historical year netting adjustment is $130.3 million. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeded the constraint, the resulting increase is limited to $88.6 million. COVID-19 Orders See Note 2 to the financial statements in the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In its 2023 formula rate plan filing, Entergy Arkansas proposed to amortize the COVID-19 regulatory asset over a ten-year period. As of June 30, 2023, Entergy Arkansas had a regulatory asset of $39 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) 2022 Formula Rate Plan Filing In May 2023, Entergy Louisiana filed its formula rate plan evaluation report for its 2022 calendar year operations. The 2022 test year evaluation report produced an earned return on common equity of 8.33%, requiring an approximately $70.7 million increase to base rider revenue. Due to a cap for the 2021 and 2022 test years, however, base rider formula rate plan revenues are only being increased by approximately $4.9 million, leaving an ongoing revenue deficiency of approximately $65.9 million and providing for prospective return on common equity opportunity of approximately 8.38%. Other changes in formula rate plan revenue driven by increases in capacity costs, primarily legacy capacity costs, additions eligible for recovery through the transmission recovery mechanism and distribution recovery mechanism, and higher sales during the test period, are offset by reductions in net MISO costs as well as credits for FERC-ordered refunds. Also included in the 2022 test year distribution recovery mechanism revenue requirement is a $6 million credit relating to the distribution recovery mechanism performance accountability standards and requirements. In total, the net increase in formula rate plan revenues, including base formula rate plan revenues inside the formula rate plan bandwidth and subject to the cap, as well as other formula rate plan revenues outside of the bandwidth, is $85.2 million. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In April 2023, Entergy Louisiana filed an application proposing to utilize approximately $1.6 billion in certain low interest debt to generate earnings to apply toward the reduction of the COVID-19 regulatory asset, as well as to conduct additional outside right-of-way vegetation management activities and to apply to the minor storm reserve account. In that filing, Entergy Louisiana proposed to delay repayment of certain shorter-term first mortgage bonds that were issued to finance storm restoration costs until the costs could be securitized and to invest the funds that otherwise would be used to repay those bonds in the money pool to take advantage of the spread between prevailing interest rates on investments in the money pool and the interest rates on the bonds. The LPSC approved Entergy Louisiana’s requested relief in June 2023 and a subsequent filing will be required to permit the LPSC to review the COVID-19 regulatory asset. As of June 30, 2023, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID -19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2023 Formula Rate Plan Filing In March 2023, Entergy Mississippi submitted its formula rate plan 2023 test year filing and 2022 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2022 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2023 calendar year to be below the formula rate plan bandwidth. The 2023 test year filing shows a $39.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on rate base to the specified point of adjustment of 6.67%, within the formula rate plan bandwidth. The 2022 look-back filing compares actual 2022 results to the approved benchmark return on rate base and reflects the need for a $19.8 million temporary increase in formula rate plan revenues, including the refund of a $1.3 million over-recovery resulting from the demand-side management costs true-up for 2022. In fourth quarter 2022, Entergy Mississippi recorded a regulatory asset of $18.2 million in connection with the look-back feature of the formula rate plan to reflect that the 2022 estimated earned return was below the formula rate plan bandwidth. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $27.9 million interim rate increase, reflecting a cap equal to 2% of 2022 retail revenues, effective in April 2023. In May 2023, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed a 2023 test year filing resulting in a total revenue increase of $26.5 million for 2023. Pursuant to the joint stipulation, Entergy Mississippi’s 2022 look-back filing reflected an earned return on rate base of 6.10% in calendar year 2022, which is below the look-back bandwidth, resulting in a $19.0 million increase in the formula rate plan revenues on an interim basis through June 2024. Entergy Mississippi recorded a regulatory credit of $0.8 million in June 2023 to reflect the increase in the look-back regulatory asset. In addition, certain long-term service agreement and conductor handling costs were authorized for realignment from the formula rate plan to the annual power management and grid modernization riders effective January 2023, resulting in regulatory credits recorded in June 2023 of $4.1 million and $4.3 million, respectively. Also, the amortization of Entergy Mississippi’s COVID-19 bad debt deferral was suspended for calendar year 2023 and will resume in 2024. In June 2023 the MPSC approved the joint stipulation with rates effective in July 2023. Filings with the City Council (Entergy New Orleans) Retail Rates 2023 Formula Rate Plan Filing In April 2023, Entergy New Orleans submitted to the City Council its formula rate plan 2022 test year filing. The 2022 test year evaluation report produced an electric earned return on equity of 7.34% and a gas earned return on equity of 3.52% compared to the authorized return on equity for each of 9.35%. Entergy New Orleans seeks approval of a $25.6 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $17.4 million and an increase in authorized gas revenues of $8.2 million. Entergy New Orleans also seeks to commence collecting $3.4 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. The filing was subject to review by the City Council and other parties over a 75-day review period. In July 2023, Entergy New Orleans filed a report to decrease its requested formula rate plan revenues by approximately $0.5 million to account for minor errors discovered after the filing. The City Council advisors issued a report seeking a reduction in requested formula rate plan revenues of approximately $8.3 million, combined for electric and gas, due to alleged errors. The City Council advisors proposed additional rate mitigation in the amount of $12 million through offsets to the formula rate plan rate increase by certain regulatory liabilities. The parties have until August 9, 2023 to reach an agreement on the final amount of the formula rate plan revenue increase. If no agreement is reached, Entergy New Orleans has the right to implement its requested rate subject to final resolution through a subsequent litigated proceeding. Resulting rates will be effective with the first billing cycle of September 2023 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council would set a procedural schedule that would extend the process for City Council approval of disputed rate adjustments. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case As discussed in the Form 10-K, in July 2022, Entergy Texas filed a base rate case with the PUCT seeking a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase were changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions reflected in the then-effective distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which have been reset to zero as a result of this proceeding. In May 2023, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding, except for issues related to electric vehicle charging infrastructure, and Entergy Texas filed an agreed motion for interim rates, subject to refund or surcharge to the extent that the interim rates differ from the final approved rates. The unopposed settlement reflected a base rate increase to be effective and relate back to December 2022 of $54 million, exclusive of, and incremental to, the costs being realigned from the distribution and transmission cost recovery factor riders and the generation cost recovery rider and $4.8 million of rate case expenses to be recovered through a rider over a period of 36 months. The base rate increase of $54 million includes updated depreciation rates and a total annual revenue requirement of $14.5 million for the accrual of a self-insured storm reserve and the recovery of the regulatory assets for the pension and postretirement benefits expense deferral, costs associated with the COVID-19 pandemic, and retired non-advanced metering system electric meters. In May 2023 the ALJ with the State Office of Administrative Hearings granted the motion for interim rates, which became effective in June 2023. Additionally, the ALJ remanded the proceeding, except for the issues related to electric vehicle charging infrastructure, to the PUCT to consider the settlement. In June 2023 the ALJ issued a proposal for decision related to the electric vehicle charging infrastructure issues and which noted recent legislation enacted which permits electric utilities to own and operate such infrastructure. The ALJ’s proposal for decision deferred to the PUCT regarding whether it is appropriate for any vertically integrated electric utility, or Entergy Texas specifically, to own electric vehicle charging infrastructure, and in the event that the PUCT decided ownership is permissible, the ALJ recommended approval of the proposed tariff to charge host customers for utility-owned and operated electric vehicle charging infrastructure sited on customer premises and denial of the proposed tariff to temporarily adjust billing demand charges for separately metered electric vehicle charging infrastructure, citing cost-shifting concerns. In July 2023 the parties filed exceptions and replies to exceptions to the proposal for decision. At its August 3, 2023 open meeting, the PUCT voted to issue a final order approving the unopposed settlement and to consider the issues related to electric vehicle charging infrastructure addressed in the ALJ’s proposal for decision in a separate future proceeding. Generation Cost Recovery Rider As discussed in the Form 10-K, in August 2022 the PUCT approved a unanimous settlement agreement adjusting Entergy Texas’s generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility, and rates became effective. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. In April 2023 the PUCT approved Entergy Texas’s as-filed request with rates effective over three months beginning in May 2023. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. The base rate increase of $54 million in the unopposed settlement filed in the base rate case proceeding in May 2023, which is awaiting PUCT approval, includes an annual revenue requirement of $3.4 million related to recovery of the regulatory asset for costs associated with the COVID-19 pandemic. Entergy Texas began recovery of the regulatory asset with the interim increase in the annual base rate effective in June 2023. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in January 2023, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a notice of appeal of the U.S. District Court for the Eastern District of Arkansas’s order denying its motion to intervene to the United States Court of Appeals for the Eighth Circuit and a motion with the district court to stay the proceedings pending the appeal, which was denied. In February 2023, Arkansas Electric Energy Consumers, Inc. filed a motion with the United States Court of Appeals for the Eighth District to stay the proceedings pending the appeal, which also was denied. The trial was held in February 2023. Following the trial, Entergy Arkansas filed a motion with the United States Court of Appeals for the Eighth District to expedite the appeal filed by Arkansas Electric Energy Consumers, Inc. The court granted Entergy Arkansas’s request, and oral arguments were held in June 2023. An order from the court is expected in 2023. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. System Energy and the Unit Power Sales Agreement are currently the subject of several litigation proceedings at the FERC, including challenges with respect to System Energy’s authorized return on equity and capital structure, renewal of its sale-leaseback arrangement, treatment of uncertain tax positions, a broader investigation of rates under the Unit Power Sales Agreement, and a prudence complaint challenging the extended power uprate completed at Grand Gulf in 2012 and the operation and management of Grand Gulf, particularly in the 2016-2020 time period. The claims in these proceedings include claims for refunds and claims for rate adjustments; the aggregate amount of refunds claimed in these proceedings substantially exceeds the net book value of System Energy. In the event of an adverse decision in one or more of these proceedings requiring the payment of substantial additional refunds, System Energy would be required to seek financing to pay such refunds which may not be available on terms acceptable to System Energy, or may not be available at all, when required. The following are updates to that discussion. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding initiated by the LPSC, the MPSC, the APSC, and the City Council against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $39 million, which includes interest through June 30, 2023, and the estimated resulting annual rate reduction would be approximately $28 million. As a result of the 2022 settlement agreement with the MPSC, both the estimated refund and rate reduction exclude Entergy Mississippi's portion. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, the APSC, the MPSC, the City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, the APSC, the MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. The APSC, the MPSC, and the City Council subsequently intervened in the proceeding. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision, and in December 2022 the FERC issued an order on the ALJ’s initial decision, which affirmed it in part and modified it in part. The FERC’s order directed System Energy to calculate refunds on three issues, and to provide a compliance report detailing the calculations. The FERC’s order also disallows the future recovery of sale-leaseback renewal costs, which is estimated at approximately $11.5 million annually for purchases from Entergy Arkansas, Entergy Louisiana, and Entergy New Orleans through July 2036. The three refund issues are rental expenses related to the renewal of the sale-leaseback arrangements; refunds, if any, for the revenue requirement impact of including accumulated deferred income taxes resulting from the decommissioning uncertain tax positions from 2004 through the present; and refunds for the net effect of correcting the depreciation inputs for capital additions attributable to the portion of plant subject to the sale-leaseback. In January 2023, System Energy filed its compliance report with the FERC. With respect to the sale-leaseback renewal costs, System Energy calculated a refund of $89.8 million, which represented all of the sale-leaseback renewal rental costs that System Energy recovered in rates, with interest. With respect to the decommissioning uncertain tax position issue, System Energy calculated that no additional refunds are owed because it had already provided a one-time historical credit (for the period January 2016 through September 2020) of $25.2 million based on the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position, and because it has been providing an ongoing rate base credit for the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position since October 2020. With respect to the depreciation refund, System Energy calculated a refund of $13.7 million, which is the net total of a refund to customers for excess depreciation expense previously collected, plus interest, offset by the additional return on rate base that System Energy previously did not collect, without interest. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the regulatory charge and corresponding regulatory liability recorded in June 2022 related to these proceedings. In January 2023, System Energy paid the refunds of $103.5 million, which included refunds of $41.7 million to Entergy Arkansas, $27.8 million to Entergy Louisiana, and $34 million to Entergy New Orleans. In January 2023, System Energy filed a request for rehearing of the FERC’s determinations in the December 2022 order on sale-leaseback refund issues and future lease cost disallowances, the FERC’s prospective policy on uncertain tax positions, and the proper accounting of System Energy’s accumulated deferred income taxes adjustment for the Tax Cuts and Jobs Act of 2017; and a motion for confirmation of its interpretation of the December 2022 order’s remedy concerning the decommissioning tax position. In January 2023 the retail regulators filed a motion for confirmation of their interpretation of the refund requirement in the December 2022 FERC order and a provisional request for rehearing. In February 2023 the FERC issued a notice that the rehearing requests have been deemed denied by operation of law. The deemed denial of the rehearing request initiates the sixty-day period in which aggrieved parties may petition for federal appellate court review of the underlying FERC orders; however, the FERC may issue a substantive order on rehearing as long as it continues to have jurisdiction over the case. In March 2023, System Energy filed in the United States Court of Appeals for the Fifth Circuit a petition for review of the December 2022 order. In March 2023, System Energy also filed an unopposed motion to stay the proceeding in the Fifth Circuit pending the FERC’s disposition of the pending motions, and the court granted the motion to stay. In February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the MPSC settlement, Entergy Mississippi will continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argues that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. Entergy Mississippi’s allocated sale-leaseback renewal costs are estimated at $5.7 million annually for the remaining term of the sale-leaseback renewal. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. The following are updates to that discussion. Unit Power Sales Agreement Complaint As discussed in the Form 10-K, the first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. In November 2021 the LPSC, the APSC, and t
Entergy Texas [Member]
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy As discussed in the Form 10-K, in a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Cuts and Jobs Act. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. In December 2022 the FERC issued an order addressing the ALJ’s initial decision and denying System Energy’s motion to vacate the initial decision. The FERC disagreed with the ALJ’s determination that $147 million should be credited to customers in the same manner as the excess accumulated deferred income taxes addressed in System Energy’s March 2018 filing, which had included a stated amount of excess accumulated deferred income taxes to be returned pursuant to a specified methodology and had not included any excess accumulated deferred income taxes associated with the decommissioning tax position. Instead, the FERC ordered System Energy to compute the amount of excess accumulated deferred income taxes associated with the decommissioning tax position with consideration for the resolution of the tax position by the IRS. In February 2023, System Energy made the required filing with the FERC. In June 2023 the FERC issued a deficiency letter requesting additional information about the IRS’s resolution of the tax position for 2016 and 2017. In July 2023, System Energy provided the additional information. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2023, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.01639 per kWh to $0.01883 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2022 and a $32 million deferral related to the 2021 February winter storms consistent with APSC general staff’s request in 2022. The under-recovered balance included in the filing was partially offset by the proceeds of the $41.7 million refund that System Energy made to Entergy Arkansas in January 2023 related to the sale-leaseback renewal costs and depreciation litigation as calculated in System Energy’s January 2023 compliance report filed with the FERC. The redetermined rate of $0.01883 per kWh became effective with the first billing cycle in April 2023 through the normal operation of the tariff. See Note 2 to the financial statements in the Form 10-K for information on the 2021 February winter storm investigation proceeding. Entergy Mississippi In June 2023 the MPSC approved the joint stipulation agreement between Entergy Mississippi and the Mississippi Public Utilities Staff for Entergy Mississippi’s 2023 formula rate plan filing. The stipulation directed Entergy Mississippi to make a compliance filing to revise its power management cost adjustment factor, to revise its grid modernization cost adjustment factor, and to include a revision to reduce the net energy cost factor to a level necessary to reflect an average natural gas price of $4.50 per MMBtu. The MPSC approved the compliance filing in June 2023, effective for July 2023 bills. See “ Retail Rate Proceedings - Filings with the MPSC (Entergy Mississippi) - Retail Rates - 2023 Formula Rate Plan Filing” below for further discussion of the 2023 formula rate plan filing and the joint stipulation agreement. Entergy Texas As discussed in the Form 10-K, in September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. In November 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In March 2023 municipal intervenors filed testimony proposing a $5.2 million disallowance for fuel purchased during Winter Storm Uri. The PUCT staff proposed no disallowance. Entergy Texas filed rebuttal testimony in April 2023. In May 2023, Entergy Texas filed, and the ALJ with the State Office of Administrative Hearings granted, a joint motion to abate the proceeding to give parties additional time to finalize a settlement and cancelling the hearing on the merits previously scheduled for May 2023. In July 2023, Entergy Texas filed an unopposed settlement, supporting testimony, and an agreed motion to admit evidence and remand the proceeding to the PUCT. Pursuant to the unopposed settlement, Entergy Texas would receive no disallowance of fuel costs incurred over the three-year reconciliation period and retain $9.3 million in margins from off-system sales made during the reconciliation period. In July 2023 the ALJ with the State Office of Administrative Hearings granted the motion to admit evidence and remanded the proceeding to the PUCT for consideration of the unopposed settlement. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2023 Formula Rate Plan Filing In July 2023, Entergy Arkansas filed with the APSC its 2023 formula rate plan filing to set its formula rate for the 2024 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2024 and a netting adjustment for the historical year 2022. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2024 projected year is 8.11% resulting in a revenue deficiency of $80.5 million. The earned rate of return on common equity for the 2022 historical year was 7.29% resulting in a $49.8 million netting adjustment. The total proposed revenue change for the 2024 projected year and 2022 historical year netting adjustment is $130.3 million. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeded the constraint, the resulting increase is limited to $88.6 million. COVID-19 Orders See Note 2 to the financial statements in the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In its 2023 formula rate plan filing, Entergy Arkansas proposed to amortize the COVID-19 regulatory asset over a ten-year period. As of June 30, 2023, Entergy Arkansas had a regulatory asset of $39 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) 2022 Formula Rate Plan Filing In May 2023, Entergy Louisiana filed its formula rate plan evaluation report for its 2022 calendar year operations. The 2022 test year evaluation report produced an earned return on common equity of 8.33%, requiring an approximately $70.7 million increase to base rider revenue. Due to a cap for the 2021 and 2022 test years, however, base rider formula rate plan revenues are only being increased by approximately $4.9 million, leaving an ongoing revenue deficiency of approximately $65.9 million and providing for prospective return on common equity opportunity of approximately 8.38%. Other changes in formula rate plan revenue driven by increases in capacity costs, primarily legacy capacity costs, additions eligible for recovery through the transmission recovery mechanism and distribution recovery mechanism, and higher sales during the test period, are offset by reductions in net MISO costs as well as credits for FERC-ordered refunds. Also included in the 2022 test year distribution recovery mechanism revenue requirement is a $6 million credit relating to the distribution recovery mechanism performance accountability standards and requirements. In total, the net increase in formula rate plan revenues, including base formula rate plan revenues inside the formula rate plan bandwidth and subject to the cap, as well as other formula rate plan revenues outside of the bandwidth, is $85.2 million. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In April 2023, Entergy Louisiana filed an application proposing to utilize approximately $1.6 billion in certain low interest debt to generate earnings to apply toward the reduction of the COVID-19 regulatory asset, as well as to conduct additional outside right-of-way vegetation management activities and to apply to the minor storm reserve account. In that filing, Entergy Louisiana proposed to delay repayment of certain shorter-term first mortgage bonds that were issued to finance storm restoration costs until the costs could be securitized and to invest the funds that otherwise would be used to repay those bonds in the money pool to take advantage of the spread between prevailing interest rates on investments in the money pool and the interest rates on the bonds. The LPSC approved Entergy Louisiana’s requested relief in June 2023 and a subsequent filing will be required to permit the LPSC to review the COVID-19 regulatory asset. As of June 30, 2023, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID -19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2023 Formula Rate Plan Filing In March 2023, Entergy Mississippi submitted its formula rate plan 2023 test year filing and 2022 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2022 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2023 calendar year to be below the formula rate plan bandwidth. The 2023 test year filing shows a $39.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on rate base to the specified point of adjustment of 6.67%, within the formula rate plan bandwidth. The 2022 look-back filing compares actual 2022 results to the approved benchmark return on rate base and reflects the need for a $19.8 million temporary increase in formula rate plan revenues, including the refund of a $1.3 million over-recovery resulting from the demand-side management costs true-up for 2022. In fourth quarter 2022, Entergy Mississippi recorded a regulatory asset of $18.2 million in connection with the look-back feature of the formula rate plan to reflect that the 2022 estimated earned return was below the formula rate plan bandwidth. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $27.9 million interim rate increase, reflecting a cap equal to 2% of 2022 retail revenues, effective in April 2023. In May 2023, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed a 2023 test year filing resulting in a total revenue increase of $26.5 million for 2023. Pursuant to the joint stipulation, Entergy Mississippi’s 2022 look-back filing reflected an earned return on rate base of 6.10% in calendar year 2022, which is below the look-back bandwidth, resulting in a $19.0 million increase in the formula rate plan revenues on an interim basis through June 2024. Entergy Mississippi recorded a regulatory credit of $0.8 million in June 2023 to reflect the increase in the look-back regulatory asset. In addition, certain long-term service agreement and conductor handling costs were authorized for realignment from the formula rate plan to the annual power management and grid modernization riders effective January 2023, resulting in regulatory credits recorded in June 2023 of $4.1 million and $4.3 million, respectively. Also, the amortization of Entergy Mississippi’s COVID-19 bad debt deferral was suspended for calendar year 2023 and will resume in 2024. In June 2023 the MPSC approved the joint stipulation with rates effective in July 2023. Filings with the City Council (Entergy New Orleans) Retail Rates 2023 Formula Rate Plan Filing In April 2023, Entergy New Orleans submitted to the City Council its formula rate plan 2022 test year filing. The 2022 test year evaluation report produced an electric earned return on equity of 7.34% and a gas earned return on equity of 3.52% compared to the authorized return on equity for each of 9.35%. Entergy New Orleans seeks approval of a $25.6 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $17.4 million and an increase in authorized gas revenues of $8.2 million. Entergy New Orleans also seeks to commence collecting $3.4 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. The filing was subject to review by the City Council and other parties over a 75-day review period. In July 2023, Entergy New Orleans filed a report to decrease its requested formula rate plan revenues by approximately $0.5 million to account for minor errors discovered after the filing. The City Council advisors issued a report seeking a reduction in requested formula rate plan revenues of approximately $8.3 million, combined for electric and gas, due to alleged errors. The City Council advisors proposed additional rate mitigation in the amount of $12 million through offsets to the formula rate plan rate increase by certain regulatory liabilities. The parties have until August 9, 2023 to reach an agreement on the final amount of the formula rate plan revenue increase. If no agreement is reached, Entergy New Orleans has the right to implement its requested rate subject to final resolution through a subsequent litigated proceeding. Resulting rates will be effective with the first billing cycle of September 2023 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council would set a procedural schedule that would extend the process for City Council approval of disputed rate adjustments. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case As discussed in the Form 10-K, in July 2022, Entergy Texas filed a base rate case with the PUCT seeking a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase were changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions reflected in the then-effective distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which have been reset to zero as a result of this proceeding. In May 2023, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding, except for issues related to electric vehicle charging infrastructure, and Entergy Texas filed an agreed motion for interim rates, subject to refund or surcharge to the extent that the interim rates differ from the final approved rates. The unopposed settlement reflected a base rate increase to be effective and relate back to December 2022 of $54 million, exclusive of, and incremental to, the costs being realigned from the distribution and transmission cost recovery factor riders and the generation cost recovery rider and $4.8 million of rate case expenses to be recovered through a rider over a period of 36 months. The base rate increase of $54 million includes updated depreciation rates and a total annual revenue requirement of $14.5 million for the accrual of a self-insured storm reserve and the recovery of the regulatory assets for the pension and postretirement benefits expense deferral, costs associated with the COVID-19 pandemic, and retired non-advanced metering system electric meters. In May 2023 the ALJ with the State Office of Administrative Hearings granted the motion for interim rates, which became effective in June 2023. Additionally, the ALJ remanded the proceeding, except for the issues related to electric vehicle charging infrastructure, to the PUCT to consider the settlement. In June 2023 the ALJ issued a proposal for decision related to the electric vehicle charging infrastructure issues and which noted recent legislation enacted which permits electric utilities to own and operate such infrastructure. The ALJ’s proposal for decision deferred to the PUCT regarding whether it is appropriate for any vertically integrated electric utility, or Entergy Texas specifically, to own electric vehicle charging infrastructure, and in the event that the PUCT decided ownership is permissible, the ALJ recommended approval of the proposed tariff to charge host customers for utility-owned and operated electric vehicle charging infrastructure sited on customer premises and denial of the proposed tariff to temporarily adjust billing demand charges for separately metered electric vehicle charging infrastructure, citing cost-shifting concerns. In July 2023 the parties filed exceptions and replies to exceptions to the proposal for decision. At its August 3, 2023 open meeting, the PUCT voted to issue a final order approving the unopposed settlement and to consider the issues related to electric vehicle charging infrastructure addressed in the ALJ’s proposal for decision in a separate future proceeding. Generation Cost Recovery Rider As discussed in the Form 10-K, in August 2022 the PUCT approved a unanimous settlement agreement adjusting Entergy Texas’s generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility, and rates became effective. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. In April 2023 the PUCT approved Entergy Texas’s as-filed request with rates effective over three months beginning in May 2023. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. The base rate increase of $54 million in the unopposed settlement filed in the base rate case proceeding in May 2023, which is awaiting PUCT approval, includes an annual revenue requirement of $3.4 million related to recovery of the regulatory asset for costs associated with the COVID-19 pandemic. Entergy Texas began recovery of the regulatory asset with the interim increase in the annual base rate effective in June 2023. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in January 2023, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a notice of appeal of the U.S. District Court for the Eastern District of Arkansas’s order denying its motion to intervene to the United States Court of Appeals for the Eighth Circuit and a motion with the district court to stay the proceedings pending the appeal, which was denied. In February 2023, Arkansas Electric Energy Consumers, Inc. filed a motion with the United States Court of Appeals for the Eighth District to stay the proceedings pending the appeal, which also was denied. The trial was held in February 2023. Following the trial, Entergy Arkansas filed a motion with the United States Court of Appeals for the Eighth District to expedite the appeal filed by Arkansas Electric Energy Consumers, Inc. The court granted Entergy Arkansas’s request, and oral arguments were held in June 2023. An order from the court is expected in 2023. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. System Energy and the Unit Power Sales Agreement are currently the subject of several litigation proceedings at the FERC, including challenges with respect to System Energy’s authorized return on equity and capital structure, renewal of its sale-leaseback arrangement, treatment of uncertain tax positions, a broader investigation of rates under the Unit Power Sales Agreement, and a prudence complaint challenging the extended power uprate completed at Grand Gulf in 2012 and the operation and management of Grand Gulf, particularly in the 2016-2020 time period. The claims in these proceedings include claims for refunds and claims for rate adjustments; the aggregate amount of refunds claimed in these proceedings substantially exceeds the net book value of System Energy. In the event of an adverse decision in one or more of these proceedings requiring the payment of substantial additional refunds, System Energy would be required to seek financing to pay such refunds which may not be available on terms acceptable to System Energy, or may not be available at all, when required. The following are updates to that discussion. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding initiated by the LPSC, the MPSC, the APSC, and the City Council against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $39 million, which includes interest through June 30, 2023, and the estimated resulting annual rate reduction would be approximately $28 million. As a result of the 2022 settlement agreement with the MPSC, both the estimated refund and rate reduction exclude Entergy Mississippi's portion. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, the APSC, the MPSC, the City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, the APSC, the MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. The APSC, the MPSC, and the City Council subsequently intervened in the proceeding. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision, and in December 2022 the FERC issued an order on the ALJ’s initial decision, which affirmed it in part and modified it in part. The FERC’s order directed System Energy to calculate refunds on three issues, and to provide a compliance report detailing the calculations. The FERC’s order also disallows the future recovery of sale-leaseback renewal costs, which is estimated at approximately $11.5 million annually for purchases from Entergy Arkansas, Entergy Louisiana, and Entergy New Orleans through July 2036. The three refund issues are rental expenses related to the renewal of the sale-leaseback arrangements; refunds, if any, for the revenue requirement impact of including accumulated deferred income taxes resulting from the decommissioning uncertain tax positions from 2004 through the present; and refunds for the net effect of correcting the depreciation inputs for capital additions attributable to the portion of plant subject to the sale-leaseback. In January 2023, System Energy filed its compliance report with the FERC. With respect to the sale-leaseback renewal costs, System Energy calculated a refund of $89.8 million, which represented all of the sale-leaseback renewal rental costs that System Energy recovered in rates, with interest. With respect to the decommissioning uncertain tax position issue, System Energy calculated that no additional refunds are owed because it had already provided a one-time historical credit (for the period January 2016 through September 2020) of $25.2 million based on the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position, and because it has been providing an ongoing rate base credit for the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position since October 2020. With respect to the depreciation refund, System Energy calculated a refund of $13.7 million, which is the net total of a refund to customers for excess depreciation expense previously collected, plus interest, offset by the additional return on rate base that System Energy previously did not collect, without interest. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the regulatory charge and corresponding regulatory liability recorded in June 2022 related to these proceedings. In January 2023, System Energy paid the refunds of $103.5 million, which included refunds of $41.7 million to Entergy Arkansas, $27.8 million to Entergy Louisiana, and $34 million to Entergy New Orleans. In January 2023, System Energy filed a request for rehearing of the FERC’s determinations in the December 2022 order on sale-leaseback refund issues and future lease cost disallowances, the FERC’s prospective policy on uncertain tax positions, and the proper accounting of System Energy’s accumulated deferred income taxes adjustment for the Tax Cuts and Jobs Act of 2017; and a motion for confirmation of its interpretation of the December 2022 order’s remedy concerning the decommissioning tax position. In January 2023 the retail regulators filed a motion for confirmation of their interpretation of the refund requirement in the December 2022 FERC order and a provisional request for rehearing. In February 2023 the FERC issued a notice that the rehearing requests have been deemed denied by operation of law. The deemed denial of the rehearing request initiates the sixty-day period in which aggrieved parties may petition for federal appellate court review of the underlying FERC orders; however, the FERC may issue a substantive order on rehearing as long as it continues to have jurisdiction over the case. In March 2023, System Energy filed in the United States Court of Appeals for the Fifth Circuit a petition for review of the December 2022 order. In March 2023, System Energy also filed an unopposed motion to stay the proceeding in the Fifth Circuit pending the FERC’s disposition of the pending motions, and the court granted the motion to stay. In February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the MPSC settlement, Entergy Mississippi will continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argues that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. Entergy Mississippi’s allocated sale-leaseback renewal costs are estimated at $5.7 million annually for the remaining term of the sale-leaseback renewal. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. The following are updates to that discussion. Unit Power Sales Agreement Complaint As discussed in the Form 10-K, the first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. In November 2021 the LPSC, the APSC, and t
System Energy [Member]
Rate and Regulatory Matters	RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Regulatory Assets and Regulatory Liabilities See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries. The following are updates to that discussion. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy As discussed in the Form 10-K, in a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Cuts and Jobs Act. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. In December 2022 the FERC issued an order addressing the ALJ’s initial decision and denying System Energy’s motion to vacate the initial decision. The FERC disagreed with the ALJ’s determination that $147 million should be credited to customers in the same manner as the excess accumulated deferred income taxes addressed in System Energy’s March 2018 filing, which had included a stated amount of excess accumulated deferred income taxes to be returned pursuant to a specified methodology and had not included any excess accumulated deferred income taxes associated with the decommissioning tax position. Instead, the FERC ordered System Energy to compute the amount of excess accumulated deferred income taxes associated with the decommissioning tax position with consideration for the resolution of the tax position by the IRS. In February 2023, System Energy made the required filing with the FERC. In June 2023 the FERC issued a deficiency letter requesting additional information about the IRS’s resolution of the tax position for 2016 and 2017. In July 2023, System Energy provided the additional information. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2023, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.01639 per kWh to $0.01883 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2022 and a $32 million deferral related to the 2021 February winter storms consistent with APSC general staff’s request in 2022. The under-recovered balance included in the filing was partially offset by the proceeds of the $41.7 million refund that System Energy made to Entergy Arkansas in January 2023 related to the sale-leaseback renewal costs and depreciation litigation as calculated in System Energy’s January 2023 compliance report filed with the FERC. The redetermined rate of $0.01883 per kWh became effective with the first billing cycle in April 2023 through the normal operation of the tariff. See Note 2 to the financial statements in the Form 10-K for information on the 2021 February winter storm investigation proceeding. Entergy Mississippi In June 2023 the MPSC approved the joint stipulation agreement between Entergy Mississippi and the Mississippi Public Utilities Staff for Entergy Mississippi’s 2023 formula rate plan filing. The stipulation directed Entergy Mississippi to make a compliance filing to revise its power management cost adjustment factor, to revise its grid modernization cost adjustment factor, and to include a revision to reduce the net energy cost factor to a level necessary to reflect an average natural gas price of $4.50 per MMBtu. The MPSC approved the compliance filing in June 2023, effective for July 2023 bills. See “ Retail Rate Proceedings - Filings with the MPSC (Entergy Mississippi) - Retail Rates - 2023 Formula Rate Plan Filing” below for further discussion of the 2023 formula rate plan filing and the joint stipulation agreement. Entergy Texas As discussed in the Form 10-K, in September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. In November 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In March 2023 municipal intervenors filed testimony proposing a $5.2 million disallowance for fuel purchased during Winter Storm Uri. The PUCT staff proposed no disallowance. Entergy Texas filed rebuttal testimony in April 2023. In May 2023, Entergy Texas filed, and the ALJ with the State Office of Administrative Hearings granted, a joint motion to abate the proceeding to give parties additional time to finalize a settlement and cancelling the hearing on the merits previously scheduled for May 2023. In July 2023, Entergy Texas filed an unopposed settlement, supporting testimony, and an agreed motion to admit evidence and remand the proceeding to the PUCT. Pursuant to the unopposed settlement, Entergy Texas would receive no disallowance of fuel costs incurred over the three-year reconciliation period and retain $9.3 million in margins from off-system sales made during the reconciliation period. In July 2023 the ALJ with the State Office of Administrative Hearings granted the motion to admit evidence and remanded the proceeding to the PUCT for consideration of the unopposed settlement. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2023 Formula Rate Plan Filing In July 2023, Entergy Arkansas filed with the APSC its 2023 formula rate plan filing to set its formula rate for the 2024 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2024 and a netting adjustment for the historical year 2022. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2024 projected year is 8.11% resulting in a revenue deficiency of $80.5 million. The earned rate of return on common equity for the 2022 historical year was 7.29% resulting in a $49.8 million netting adjustment. The total proposed revenue change for the 2024 projected year and 2022 historical year netting adjustment is $130.3 million. By operation of the formula rate plan, Entergy Arkansas’s recovery of the revenue requirement is subject to a four percent annual revenue constraint. Because Entergy Arkansas’s revenue requirement in this filing exceeded the constraint, the resulting increase is limited to $88.6 million. COVID-19 Orders See Note 2 to the financial statements in the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In its 2023 formula rate plan filing, Entergy Arkansas proposed to amortize the COVID-19 regulatory asset over a ten-year period. As of June 30, 2023, Entergy Arkansas had a regulatory asset of $39 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) 2022 Formula Rate Plan Filing In May 2023, Entergy Louisiana filed its formula rate plan evaluation report for its 2022 calendar year operations. The 2022 test year evaluation report produced an earned return on common equity of 8.33%, requiring an approximately $70.7 million increase to base rider revenue. Due to a cap for the 2021 and 2022 test years, however, base rider formula rate plan revenues are only being increased by approximately $4.9 million, leaving an ongoing revenue deficiency of approximately $65.9 million and providing for prospective return on common equity opportunity of approximately 8.38%. Other changes in formula rate plan revenue driven by increases in capacity costs, primarily legacy capacity costs, additions eligible for recovery through the transmission recovery mechanism and distribution recovery mechanism, and higher sales during the test period, are offset by reductions in net MISO costs as well as credits for FERC-ordered refunds. Also included in the 2022 test year distribution recovery mechanism revenue requirement is a $6 million credit relating to the distribution recovery mechanism performance accountability standards and requirements. In total, the net increase in formula rate plan revenues, including base formula rate plan revenues inside the formula rate plan bandwidth and subject to the cap, as well as other formula rate plan revenues outside of the bandwidth, is $85.2 million. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the LPSC issued an order authorizing utilities to record as a regulatory asset expenses incurred from the suspension of disconnections and collection of late fees imposed by LPSC orders associated with the COVID-19 pandemic. In April 2023, Entergy Louisiana filed an application proposing to utilize approximately $1.6 billion in certain low interest debt to generate earnings to apply toward the reduction of the COVID-19 regulatory asset, as well as to conduct additional outside right-of-way vegetation management activities and to apply to the minor storm reserve account. In that filing, Entergy Louisiana proposed to delay repayment of certain shorter-term first mortgage bonds that were issued to finance storm restoration costs until the costs could be securitized and to invest the funds that otherwise would be used to repay those bonds in the money pool to take advantage of the spread between prevailing interest rates on investments in the money pool and the interest rates on the bonds. The LPSC approved Entergy Louisiana’s requested relief in June 2023 and a subsequent filing will be required to permit the LPSC to review the COVID-19 regulatory asset. As of June 30, 2023, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID -19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2023 Formula Rate Plan Filing In March 2023, Entergy Mississippi submitted its formula rate plan 2023 test year filing and 2022 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2022 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2023 calendar year to be below the formula rate plan bandwidth. The 2023 test year filing shows a $39.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on rate base to the specified point of adjustment of 6.67%, within the formula rate plan bandwidth. The 2022 look-back filing compares actual 2022 results to the approved benchmark return on rate base and reflects the need for a $19.8 million temporary increase in formula rate plan revenues, including the refund of a $1.3 million over-recovery resulting from the demand-side management costs true-up for 2022. In fourth quarter 2022, Entergy Mississippi recorded a regulatory asset of $18.2 million in connection with the look-back feature of the formula rate plan to reflect that the 2022 estimated earned return was below the formula rate plan bandwidth. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $27.9 million interim rate increase, reflecting a cap equal to 2% of 2022 retail revenues, effective in April 2023. In May 2023, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed a 2023 test year filing resulting in a total revenue increase of $26.5 million for 2023. Pursuant to the joint stipulation, Entergy Mississippi’s 2022 look-back filing reflected an earned return on rate base of 6.10% in calendar year 2022, which is below the look-back bandwidth, resulting in a $19.0 million increase in the formula rate plan revenues on an interim basis through June 2024. Entergy Mississippi recorded a regulatory credit of $0.8 million in June 2023 to reflect the increase in the look-back regulatory asset. In addition, certain long-term service agreement and conductor handling costs were authorized for realignment from the formula rate plan to the annual power management and grid modernization riders effective January 2023, resulting in regulatory credits recorded in June 2023 of $4.1 million and $4.3 million, respectively. Also, the amortization of Entergy Mississippi’s COVID-19 bad debt deferral was suspended for calendar year 2023 and will resume in 2024. In June 2023 the MPSC approved the joint stipulation with rates effective in July 2023. Filings with the City Council (Entergy New Orleans) Retail Rates 2023 Formula Rate Plan Filing In April 2023, Entergy New Orleans submitted to the City Council its formula rate plan 2022 test year filing. The 2022 test year evaluation report produced an electric earned return on equity of 7.34% and a gas earned return on equity of 3.52% compared to the authorized return on equity for each of 9.35%. Entergy New Orleans seeks approval of a $25.6 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $17.4 million and an increase in authorized gas revenues of $8.2 million. Entergy New Orleans also seeks to commence collecting $3.4 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. The filing was subject to review by the City Council and other parties over a 75-day review period. In July 2023, Entergy New Orleans filed a report to decrease its requested formula rate plan revenues by approximately $0.5 million to account for minor errors discovered after the filing. The City Council advisors issued a report seeking a reduction in requested formula rate plan revenues of approximately $8.3 million, combined for electric and gas, due to alleged errors. The City Council advisors proposed additional rate mitigation in the amount of $12 million through offsets to the formula rate plan rate increase by certain regulatory liabilities. The parties have until August 9, 2023 to reach an agreement on the final amount of the formula rate plan revenue increase. If no agreement is reached, Entergy New Orleans has the right to implement its requested rate subject to final resolution through a subsequent litigated proceeding. Resulting rates will be effective with the first billing cycle of September 2023 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council would set a procedural schedule that would extend the process for City Council approval of disputed rate adjustments. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case As discussed in the Form 10-K, in July 2022, Entergy Texas filed a base rate case with the PUCT seeking a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase were changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions reflected in the then-effective distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which have been reset to zero as a result of this proceeding. In May 2023, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding, except for issues related to electric vehicle charging infrastructure, and Entergy Texas filed an agreed motion for interim rates, subject to refund or surcharge to the extent that the interim rates differ from the final approved rates. The unopposed settlement reflected a base rate increase to be effective and relate back to December 2022 of $54 million, exclusive of, and incremental to, the costs being realigned from the distribution and transmission cost recovery factor riders and the generation cost recovery rider and $4.8 million of rate case expenses to be recovered through a rider over a period of 36 months. The base rate increase of $54 million includes updated depreciation rates and a total annual revenue requirement of $14.5 million for the accrual of a self-insured storm reserve and the recovery of the regulatory assets for the pension and postretirement benefits expense deferral, costs associated with the COVID-19 pandemic, and retired non-advanced metering system electric meters. In May 2023 the ALJ with the State Office of Administrative Hearings granted the motion for interim rates, which became effective in June 2023. Additionally, the ALJ remanded the proceeding, except for the issues related to electric vehicle charging infrastructure, to the PUCT to consider the settlement. In June 2023 the ALJ issued a proposal for decision related to the electric vehicle charging infrastructure issues and which noted recent legislation enacted which permits electric utilities to own and operate such infrastructure. The ALJ’s proposal for decision deferred to the PUCT regarding whether it is appropriate for any vertically integrated electric utility, or Entergy Texas specifically, to own electric vehicle charging infrastructure, and in the event that the PUCT decided ownership is permissible, the ALJ recommended approval of the proposed tariff to charge host customers for utility-owned and operated electric vehicle charging infrastructure sited on customer premises and denial of the proposed tariff to temporarily adjust billing demand charges for separately metered electric vehicle charging infrastructure, citing cost-shifting concerns. In July 2023 the parties filed exceptions and replies to exceptions to the proposal for decision. At its August 3, 2023 open meeting, the PUCT voted to issue a final order approving the unopposed settlement and to consider the issues related to electric vehicle charging infrastructure addressed in the ALJ’s proposal for decision in a separate future proceeding. Generation Cost Recovery Rider As discussed in the Form 10-K, in August 2022 the PUCT approved a unanimous settlement agreement adjusting Entergy Texas’s generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility, and rates became effective. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. In April 2023 the PUCT approved Entergy Texas’s as-filed request with rates effective over three months beginning in May 2023. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. The base rate increase of $54 million in the unopposed settlement filed in the base rate case proceeding in May 2023, which is awaiting PUCT approval, includes an annual revenue requirement of $3.4 million related to recovery of the regulatory asset for costs associated with the COVID-19 pandemic. Entergy Texas began recovery of the regulatory asset with the interim increase in the annual base rate effective in June 2023. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in January 2023, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a notice of appeal of the U.S. District Court for the Eastern District of Arkansas’s order denying its motion to intervene to the United States Court of Appeals for the Eighth Circuit and a motion with the district court to stay the proceedings pending the appeal, which was denied. In February 2023, Arkansas Electric Energy Consumers, Inc. filed a motion with the United States Court of Appeals for the Eighth District to stay the proceedings pending the appeal, which also was denied. The trial was held in February 2023. Following the trial, Entergy Arkansas filed a motion with the United States Court of Appeals for the Eighth District to expedite the appeal filed by Arkansas Electric Energy Consumers, Inc. The court granted Entergy Arkansas’s request, and oral arguments were held in June 2023. An order from the court is expected in 2023. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. System Energy and the Unit Power Sales Agreement are currently the subject of several litigation proceedings at the FERC, including challenges with respect to System Energy’s authorized return on equity and capital structure, renewal of its sale-leaseback arrangement, treatment of uncertain tax positions, a broader investigation of rates under the Unit Power Sales Agreement, and a prudence complaint challenging the extended power uprate completed at Grand Gulf in 2012 and the operation and management of Grand Gulf, particularly in the 2016-2020 time period. The claims in these proceedings include claims for refunds and claims for rate adjustments; the aggregate amount of refunds claimed in these proceedings substantially exceeds the net book value of System Energy. In the event of an adverse decision in one or more of these proceedings requiring the payment of substantial additional refunds, System Energy would be required to seek financing to pay such refunds which may not be available on terms acceptable to System Energy, or may not be available at all, when required. The following are updates to that discussion. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding initiated by the LPSC, the MPSC, the APSC, and the City Council against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $39 million, which includes interest through June 30, 2023, and the estimated resulting annual rate reduction would be approximately $28 million. As a result of the 2022 settlement agreement with the MPSC, both the estimated refund and rate reduction exclude Entergy Mississippi's portion. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, the APSC, the MPSC, the City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, the APSC, the MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. The APSC, the MPSC, and the City Council subsequently intervened in the proceeding. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision, and in December 2022 the FERC issued an order on the ALJ’s initial decision, which affirmed it in part and modified it in part. The FERC’s order directed System Energy to calculate refunds on three issues, and to provide a compliance report detailing the calculations. The FERC’s order also disallows the future recovery of sale-leaseback renewal costs, which is estimated at approximately $11.5 million annually for purchases from Entergy Arkansas, Entergy Louisiana, and Entergy New Orleans through July 2036. The three refund issues are rental expenses related to the renewal of the sale-leaseback arrangements; refunds, if any, for the revenue requirement impact of including accumulated deferred income taxes resulting from the decommissioning uncertain tax positions from 2004 through the present; and refunds for the net effect of correcting the depreciation inputs for capital additions attributable to the portion of plant subject to the sale-leaseback. In January 2023, System Energy filed its compliance report with the FERC. With respect to the sale-leaseback renewal costs, System Energy calculated a refund of $89.8 million, which represented all of the sale-leaseback renewal rental costs that System Energy recovered in rates, with interest. With respect to the decommissioning uncertain tax position issue, System Energy calculated that no additional refunds are owed because it had already provided a one-time historical credit (for the period January 2016 through September 2020) of $25.2 million based on the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position, and because it has been providing an ongoing rate base credit for the accumulated deferred income taxes that resulted from the IRS’s partial acceptance of the decommissioning tax position since October 2020. With respect to the depreciation refund, System Energy calculated a refund of $13.7 million, which is the net total of a refund to customers for excess depreciation expense previously collected, plus interest, offset by the additional return on rate base that System Energy previously did not collect, without interest. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the regulatory charge and corresponding regulatory liability recorded in June 2022 related to these proceedings. In January 2023, System Energy paid the refunds of $103.5 million, which included refunds of $41.7 million to Entergy Arkansas, $27.8 million to Entergy Louisiana, and $34 million to Entergy New Orleans. In January 2023, System Energy filed a request for rehearing of the FERC’s determinations in the December 2022 order on sale-leaseback refund issues and future lease cost disallowances, the FERC’s prospective policy on uncertain tax positions, and the proper accounting of System Energy’s accumulated deferred income taxes adjustment for the Tax Cuts and Jobs Act of 2017; and a motion for confirmation of its interpretation of the December 2022 order’s remedy concerning the decommissioning tax position. In January 2023 the retail regulators filed a motion for confirmation of their interpretation of the refund requirement in the December 2022 FERC order and a provisional request for rehearing. In February 2023 the FERC issued a notice that the rehearing requests have been deemed denied by operation of law. The deemed denial of the rehearing request initiates the sixty-day period in which aggrieved parties may petition for federal appellate court review of the underlying FERC orders; however, the FERC may issue a substantive order on rehearing as long as it continues to have jurisdiction over the case. In March 2023, System Energy filed in the United States Court of Appeals for the Fifth Circuit a petition for review of the December 2022 order. In March 2023, System Energy also filed an unopposed motion to stay the proceeding in the Fifth Circuit pending the FERC’s disposition of the pending motions, and the court granted the motion to stay. In February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the MPSC settlement, Entergy Mississippi will continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. See “ System Energy Settlement with the MPSC ” in the Form 10-K for discussion of the settlement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argues that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. Entergy Mississippi’s allocated sale-leaseback renewal costs are estimated at $5.7 million annually for the remaining term of the sale-leaseback renewal. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. The following are updates to that discussion. Unit Power Sales Agreement Complaint As discussed in the Form 10-K, the first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. In November 2021 the LPSC, the APSC, and t

Equity

Equity	6 Months Ended
	Jun. 30, 2023
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, 2023 2022 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $391.2 211.4 $1.85 $159.7 203.4 $0.79 Average dilutive effect of: Stock options 0.3 — 0.5 (0.01) Other equity plans 0.5 (0.01) 0.5 — Equity forwards — — 0.3 — Diluted earnings per share $391.2 212.2 $1.84 $159.7 204.7 $0.78 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 1.2 million for the three months ended June 30, 2023 and approximately 0.9 million for the three months ended June 30, 2022. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Six Months Ended June 30, 2023 2022 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $702.2 211.4 $3.32 $436.1 203.2 $2.15 Average dilutive effect of: Stock options 0.3 — 0.5 (0.01) Other equity plans 0.5 (0.01) 0.4 (0.01) Equity forwards — — 0.2 — Diluted earnings per share $702.2 212.2 $3.31 $436.1 204.3 $2.13 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 six months ended June 30, 2023 and approximately 0.9 million for the six months ended June 30, 2022. 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 $1.07 for the three months ended June 30, 2023 and $1.01 for the three months ended June 30, 2022. Dividends declared per common share were $2.14 for the six months ended June 30, 2023 and $2.02 for the six months ended June 30, 2022. Equity Distribution Program In January 2021, Entergy entered into an equity distribution sales agreement with several counterparties establishing an at the market equity distribution program, pursuant to which Entergy may offer and sell from time to time shares of its common stock. The sales agreement provides that, in addition to the issuance and sale of shares of Entergy common stock, Entergy may enter into forward sale agreements for the sale of its common stock. The aggregate number of shares of common stock sold under this sales agreement and under any forward sale agreement may not exceed an aggregate gross sales price of $2 billion. As of June 30, 2023, shares at an aggregate gross sales price of approximately $1,126 million have been sold under the at the market equity distribution program. During the six months ended June 30, 2023 and 2022, there were no shares of common stock issued under the at the market equity distribution program. In March 2022, Entergy entered into a forward sale agreement for 1,538,010 shares of common stock. No amounts were recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the equity forward sale agreement occurred in November 2022. The forward sale agreement required Entergy to, at its election prior to September 29, 2023, either (i) physically settle the transactions by issuing the total of 1,538,010 shares of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially approximately $108.14 per share) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The forward sale price was subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the agreement. In connection with the forward sale agreement, the forward seller, or its affiliates, borrowed from third parties and sold 1,538,010 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $168 million. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $1.7 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. In June 2022, Entergy entered into a forward sale agreement for 2,124,086 shares of common stock. No amounts were recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the equity forward sale agreement occurred in November 2022. The forward sale agreement required Entergy to, at its election prior to December 29, 2023, either (i) physically settle the transactions by issuing the total of 2,124,086 shares of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially approximately $116.94 per share) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The forward sale price was subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the agreement. In connection with the forward sale agreement, the forward seller, or its affiliates, borrowed from third parties and sold 2,124,086 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $250.9 million. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $2.5 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. In November 2022, Entergy physically settled its obligations under the then-outstanding forward sale agreements by delivering 7,688,419 shares of common stock in exchange for cash proceeds of $853.3 million. See Note 7 to the financial statements in the Form 10-K for discussion of the common stock issued and forward sale agreements settled under the at the market equity distribution program. In June 2023, Entergy entered into forward sale agreements for 102,995 and 365,307 shares of common stock. No amounts have been or will be recorded on Entergy’s balance sheet with respect to the equity offerings until settlements of the equity forward sale agreements occur. The forward sale agreements require Entergy to, at its election prior to May 31, 2024 or June 28, 2024, respectively, either (i) physically settle the transactions by issuing the total of 102,995 and 365,307 shares, respectively, of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially approximately $101.36 and $101.39 per share, respectively) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. Each forward sale price is subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the agreement. In connection with the forward sale agreements, the forward seller, or its affiliates, borrowed from third parties and sold 102,995 and 365,307 shares, respectively, of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $10.5 million and $37.4 million, respectively. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $0.1 million and $0.4 million, respectively, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. Until settlement of the forward sale agreements, earnings per share dilution resulting from the agreements, if any, will be determined under the treasury stock method. Share dilution occurs when the average market price of Entergy’s common stock is higher than the average forward sales price. For the six months ended June 30, 2023 and 2022, 468,302 shares and 956,989 shares, respectively, under the forward sale agreements were not included in the calculation of diluted earnings per share because their effect would have been antidilutive. Treasury Stock During the six months ended June 30, 2023, Entergy Corporation issued 277,804 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, 2023. Retained Earnings On July 28, 2023, Entergy Corporation’s Board of Directors declared a common stock dividend of $1.07 per share, payable on September 1, 2023 to holders of record as of August 11, 2023. 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, 2023: Pension and Other Postretirement Liabilities (In Thousands) Beginning balance, April 1, 2023 ($189,727) Amounts reclassified from accumulated other comprehensive income (loss) (3,292) Net other comprehensive income (loss) for the period (3,292) Ending balance, June 30, 2023 ($193,019) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2022 ($1,011) ($330,319) ($5,248) ($336,578) Other comprehensive income (loss) before reclassifications (14) — 4,101 4,087 Amounts reclassified from accumulated other comprehensive income 38 6,045 2,370 8,453 Net other comprehensive income (loss) for the period 24 6,045 6,471 12,540 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2023: Pension and Other Postretirement Liabilities (In Thousands) Beginning balance, January 1, 2023 ($191,754) Amounts reclassified from accumulated other comprehensive income (loss) (1,265) Net other comprehensive income (loss) for the period (1,265) Ending balance, June 30, 2023 ($193,019) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2022 ($1,035) ($338,647) $7,154 ($332,528) Other comprehensive income (loss) before reclassifications (29) — (11,774) (11,803) Amounts reclassified from accumulated other comprehensive income (loss) 77 14,373 5,843 20,293 Net other comprehensive income (loss) for the period 48 14,373 (5,931) 8,490 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2023 and 2022: Pension and Other 2023 2022 (In Thousands) Beginning balance, April 1, $54,584 $7,665 Amounts reclassified from accumulated other comprehensive income (loss) (1,773) (491) Net other comprehensive income (loss) for the period (1,773) (491) Ending balance, June 30, $52,811 $7,174 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 2023 and 2022: Pension and Other 2023 2022 (In Thousands) Beginning balance, January 1, $55,370 $8,278 Amounts reclassified from accumulated other comprehensive income (loss) (2,559) (1,104) Net other comprehensive income (loss) for the period (2,559) (1,104) Ending balance, June 30, $52,811 $7,174 Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended June 30, 2023 and 2022 were as follows: Amounts reclassified Income Statement Location 2023 2022 (In Thousands) Cash flow hedges net unrealized loss Interest rate swaps $— ($48) Miscellaneous - net Total realized loss on cash flow hedges — (48) Income taxes — 10 Income taxes Total realized loss on cash flow hedges (net of tax) $— ($38) Pension and other postretirement liabilities Amortization of prior-service credit $3,398 $3,837 (a) Amortization of net gain (loss) 1,633 (10,979) (a) Settlement loss (674) (545) (a) Total amortization and settlement loss 4,357 (7,687) Income taxes (1,065) 1,642 Income taxes Total amortization and settlement loss (net of tax) $3,292 ($6,045) Net unrealized investment loss Realized loss $— ($3,750) Interest and investment income Income taxes — 1,380 Income taxes Total realized investment loss (net of tax) $— ($2,370) Total reclassifications for the period (net of tax) $3,292 ($8,453) (a) These accumulated other comprehensive income (loss) components were 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, 2023 and 2022 were as follows: Amounts reclassified Income Statement Location 2023 2022 (In Thousands) Cash flow hedges net unrealized loss Interest rate swaps $— ($97) Miscellaneous - net Total realized loss on cash flow hedges — (97) Income taxes — 20 Income taxes Total realized loss on cash flow hedges (net of tax) $— ($77) Pension and other postretirement liabilities Amortization of prior-service credit $6,795 $7,674 (a) Amortization of net gain (loss) 3,295 (24,904) (a) Settlement loss (8,490) (1,327) (a) Total amortization and settlement loss 1,600 (18,557) Income taxes (335) 4,184 Income taxes Total amortization and settlement loss (net of tax) $1,265 ($14,373) Net unrealized investment loss Realized loss $— ($9,245) Interest and investment income Income taxes — 3,402 Income taxes Total realized investment loss (net of tax) $— ($5,843) Total reclassifications for the period (net of tax) $1,265 ($20,293) (a) These accumulated other comprehensive income (loss) components were 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, 2023 and 2022 were as follows: Amounts reclassified Income Statement Location 2023 2022 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $951 $1,158 (a) Amortization of gain (loss) 1,564 (308) (a) Settlement loss (89) (178) (a) Total amortization and settlement loss 2,426 672 Income taxes (653) (181) Income taxes Total amortization and settlement loss (net of tax) 1,773 491 Total reclassifications for the period (net of tax) $1,773 $491 (a) These accumulated other comprehensive income (loss) components were 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, 2023 and 2022 were as follows: Amounts reclassified Income Statement Location 2023 2022 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,902 $2,316 (a) Amortization of gain (loss) 3,129 (627) (a) Settlement loss (1,529) (178) (a) Total amortization and settlement loss 3,502 1,511 Income taxes (943) (407) Income taxes Total amortization and settlement loss (net of tax) 2,559 1,104 Total reclassifications for the period (net of tax) $2,559 $1,104 (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Noncontrolling Interests The dollar value of noncontrolling interests for Entergy Louisiana as of June 30, 2023 and December 31, 2022 is presented below: 2023 2022 (In Thousands) Entergy Louisiana Noncontrolling Interests Restoration Law Trust I (a) $32,359 $31,735 Restoration Law Trust II (b) 14,856 — Total Noncontrolling Interests $47,215 $31,735 (a) See Note 12 to the financial statements herein and Note 17 to the financial statements in the Form 10-K for discussion of Restoration Law Trust I. (b) Restoration Law Trust II (the storm trust II) was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Ida storm restoration costs in March 2023. The storm trust II holds preferred membership interests issued by Entergy Finance Company, and Entergy Finance Company is required to make annual distributions (dividends) on the preferred membership interests. These annual dividends paid on the Entergy Finance Company preferred membership interests will be distributed 1% to the LURC and 99% to Entergy Louisiana. Entergy Louisiana, as the primary beneficiary, consolidates the storm trust II and the LURC’s 1% beneficial interest in noncontrolling interests in the consolidated financial statements for Entergy Louisiana and Entergy. See Note 2 to the financial statements herein for a discussion of the Entergy Louisiana March 2023 storm cost securitization.
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, 2023 2022 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $391.2 211.4 $1.85 $159.7 203.4 $0.79 Average dilutive effect of: Stock options 0.3 — 0.5 (0.01) Other equity plans 0.5 (0.01) 0.5 — Equity forwards — — 0.3 — Diluted earnings per share $391.2 212.2 $1.84 $159.7 204.7 $0.78 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 1.2 million for the three months ended June 30, 2023 and approximately 0.9 million for the three months ended June 30, 2022. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Six Months Ended June 30, 2023 2022 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $702.2 211.4 $3.32 $436.1 203.2 $2.15 Average dilutive effect of: Stock options 0.3 — 0.5 (0.01) Other equity plans 0.5 (0.01) 0.4 (0.01) Equity forwards — — 0.2 — Diluted earnings per share $702.2 212.2 $3.31 $436.1 204.3 $2.13 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 six months ended June 30, 2023 and approximately 0.9 million for the six months ended June 30, 2022. 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 $1.07 for the three months ended June 30, 2023 and $1.01 for the three months ended June 30, 2022. Dividends declared per common share were $2.14 for the six months ended June 30, 2023 and $2.02 for the six months ended June 30, 2022. Equity Distribution Program In January 2021, Entergy entered into an equity distribution sales agreement with several counterparties establishing an at the market equity distribution program, pursuant to which Entergy may offer and sell from time to time shares of its common stock. The sales agreement provides that, in addition to the issuance and sale of shares of Entergy common stock, Entergy may enter into forward sale agreements for the sale of its common stock. The aggregate number of shares of common stock sold under this sales agreement and under any forward sale agreement may not exceed an aggregate gross sales price of $2 billion. As of June 30, 2023, shares at an aggregate gross sales price of approximately $1,126 million have been sold under the at the market equity distribution program. During the six months ended June 30, 2023 and 2022, there were no shares of common stock issued under the at the market equity distribution program. In March 2022, Entergy entered into a forward sale agreement for 1,538,010 shares of common stock. No amounts were recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the equity forward sale agreement occurred in November 2022. The forward sale agreement required Entergy to, at its election prior to September 29, 2023, either (i) physically settle the transactions by issuing the total of 1,538,010 shares of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially approximately $108.14 per share) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The forward sale price was subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the agreement. In connection with the forward sale agreement, the forward seller, or its affiliates, borrowed from third parties and sold 1,538,010 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $168 million. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $1.7 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. In June 2022, Entergy entered into a forward sale agreement for 2,124,086 shares of common stock. No amounts were recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the equity forward sale agreement occurred in November 2022. The forward sale agreement required Entergy to, at its election prior to December 29, 2023, either (i) physically settle the transactions by issuing the total of 2,124,086 shares of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially approximately $116.94 per share) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The forward sale price was subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the agreement. In connection with the forward sale agreement, the forward seller, or its affiliates, borrowed from third parties and sold 2,124,086 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $250.9 million. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $2.5 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. In November 2022, Entergy physically settled its obligations under the then-outstanding forward sale agreements by delivering 7,688,419 shares of common stock in exchange for cash proceeds of $853.3 million. See Note 7 to the financial statements in the Form 10-K for discussion of the common stock issued and forward sale agreements settled under the at the market equity distribution program. In June 2023, Entergy entered into forward sale agreements for 102,995 and 365,307 shares of common stock. No amounts have been or will be recorded on Entergy’s balance sheet with respect to the equity offerings until settlements of the equity forward sale agreements occur. The forward sale agreements require Entergy to, at its election prior to May 31, 2024 or June 28, 2024, respectively, either (i) physically settle the transactions by issuing the total of 102,995 and 365,307 shares, respectively, of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially approximately $101.36 and $101.39 per share, respectively) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. Each forward sale price is subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the agreement. In connection with the forward sale agreements, the forward seller, or its affiliates, borrowed from third parties and sold 102,995 and 365,307 shares, respectively, of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $10.5 million and $37.4 million, respectively. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $0.1 million and $0.4 million, respectively, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. Until settlement of the forward sale agreements, earnings per share dilution resulting from the agreements, if any, will be determined under the treasury stock method. Share dilution occurs when the average market price of Entergy’s common stock is higher than the average forward sales price. For the six months ended June 30, 2023 and 2022, 468,302 shares and 956,989 shares, respectively, under the forward sale agreements were not included in the calculation of diluted earnings per share because their effect would have been antidilutive. Treasury Stock During the six months ended June 30, 2023, Entergy Corporation issued 277,804 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, 2023. Retained Earnings On July 28, 2023, Entergy Corporation’s Board of Directors declared a common stock dividend of $1.07 per share, payable on September 1, 2023 to holders of record as of August 11, 2023. 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, 2023: Pension and Other Postretirement Liabilities (In Thousands) Beginning balance, April 1, 2023 ($189,727) Amounts reclassified from accumulated other comprehensive income (loss) (3,292) Net other comprehensive income (loss) for the period (3,292) Ending balance, June 30, 2023 ($193,019) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2022 ($1,011) ($330,319) ($5,248) ($336,578) Other comprehensive income (loss) before reclassifications (14) — 4,101 4,087 Amounts reclassified from accumulated other comprehensive income 38 6,045 2,370 8,453 Net other comprehensive income (loss) for the period 24 6,045 6,471 12,540 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2023: Pension and Other Postretirement Liabilities (In Thousands) Beginning balance, January 1, 2023 ($191,754) Amounts reclassified from accumulated other comprehensive income (loss) (1,265) Net other comprehensive income (loss) for the period (1,265) Ending balance, June 30, 2023 ($193,019) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2022 ($1,035) ($338,647) $7,154 ($332,528) Other comprehensive income (loss) before reclassifications (29) — (11,774) (11,803) Amounts reclassified from accumulated other comprehensive income (loss) 77 14,373 5,843 20,293 Net other comprehensive income (loss) for the period 48 14,373 (5,931) 8,490 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2023 and 2022: Pension and Other 2023 2022 (In Thousands) Beginning balance, April 1, $54,584 $7,665 Amounts reclassified from accumulated other comprehensive income (loss) (1,773) (491) Net other comprehensive income (loss) for the period (1,773) (491) Ending balance, June 30, $52,811 $7,174 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 2023 and 2022: Pension and Other 2023 2022 (In Thousands) Beginning balance, January 1, $55,370 $8,278 Amounts reclassified from accumulated other comprehensive income (loss) (2,559) (1,104) Net other comprehensive income (loss) for the period (2,559) (1,104) Ending balance, June 30, $52,811 $7,174 Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended June 30, 2023 and 2022 were as follows: Amounts reclassified Income Statement Location 2023 2022 (In Thousands) Cash flow hedges net unrealized loss Interest rate swaps $— ($48) Miscellaneous - net Total realized loss on cash flow hedges — (48) Income taxes — 10 Income taxes Total realized loss on cash flow hedges (net of tax) $— ($38) Pension and other postretirement liabilities Amortization of prior-service credit $3,398 $3,837 (a) Amortization of net gain (loss) 1,633 (10,979) (a) Settlement loss (674) (545) (a) Total amortization and settlement loss 4,357 (7,687) Income taxes (1,065) 1,642 Income taxes Total amortization and settlement loss (net of tax) $3,292 ($6,045) Net unrealized investment loss Realized loss $— ($3,750) Interest and investment income Income taxes — 1,380 Income taxes Total realized investment loss (net of tax) $— ($2,370) Total reclassifications for the period (net of tax) $3,292 ($8,453) (a) These accumulated other comprehensive income (loss) components were 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, 2023 and 2022 were as follows: Amounts reclassified Income Statement Location 2023 2022 (In Thousands) Cash flow hedges net unrealized loss Interest rate swaps $— ($97) Miscellaneous - net Total realized loss on cash flow hedges — (97) Income taxes — 20 Income taxes Total realized loss on cash flow hedges (net of tax) $— ($77) Pension and other postretirement liabilities Amortization of prior-service credit $6,795 $7,674 (a) Amortization of net gain (loss) 3,295 (24,904) (a) Settlement loss (8,490) (1,327) (a) Total amortization and settlement loss 1,600 (18,557) Income taxes (335) 4,184 Income taxes Total amortization and settlement loss (net of tax) $1,265 ($14,373) Net unrealized investment loss Realized loss $— ($9,245) Interest and investment income Income taxes — 3,402 Income taxes Total realized investment loss (net of tax) $— ($5,843) Total reclassifications for the period (net of tax) $1,265 ($20,293) (a) These accumulated other comprehensive income (loss) components were 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, 2023 and 2022 were as follows: Amounts reclassified Income Statement Location 2023 2022 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $951 $1,158 (a) Amortization of gain (loss) 1,564 (308) (a) Settlement loss (89) (178) (a) Total amortization and settlement loss 2,426 672 Income taxes (653) (181) Income taxes Total amortization and settlement loss (net of tax) 1,773 491 Total reclassifications for the period (net of tax) $1,773 $491 (a) These accumulated other comprehensive income (loss) components were 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, 2023 and 2022 were as follows: Amounts reclassified Income Statement Location 2023 2022 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,902 $2,316 (a) Amortization of gain (loss) 3,129 (627) (a) Settlement loss (1,529) (178) (a) Total amortization and settlement loss 3,502 1,511 Income taxes (943) (407) Income taxes Total amortization and settlement loss (net of tax) 2,559 1,104 Total reclassifications for the period (net of tax) $2,559 $1,104 (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Noncontrolling Interests The dollar value of noncontrolling interests for Entergy Louisiana as of June 30, 2023 and December 31, 2022 is presented below: 2023 2022 (In Thousands) Entergy Louisiana Noncontrolling Interests Restoration Law Trust I (a) $32,359 $31,735 Restoration Law Trust II (b) 14,856 — Total Noncontrolling Interests $47,215 $31,735 (a) See Note 12 to the financial statements herein and Note 17 to the financial statements in the Form 10-K for discussion of Restoration Law Trust I. (b) Restoration Law Trust II (the storm trust II) was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Ida storm restoration costs in March 2023. The storm trust II holds preferred membership interests issued by Entergy Finance Company, and Entergy Finance Company is required to make annual distributions (dividends) on the preferred membership interests. These annual dividends paid on the Entergy Finance Company preferred membership interests will be distributed 1% to the LURC and 99% to Entergy Louisiana. Entergy Louisiana, as the primary beneficiary, consolidates the storm trust II and the LURC’s 1% beneficial interest in noncontrolling interests in the consolidated financial statements for Entergy Louisiana and Entergy. See Note 2 to the financial statements herein for a discussion of the Entergy Louisiana March 2023 storm cost securitization.

Revolving Credit Facilities, Li

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	6 Months Ended
	Jun. 30, 2023
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in June 2028. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted-average interest rate for the six months ended June 30, 2023 was 6.34% on the drawn portion of the facility. As of June 30, 2023, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2023, Entergy Corporation had $1,108.4 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2023 was 5.19%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2023 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2024 $25 million (b) 7.02% $— $— Entergy Arkansas June 2028 $150 million (c) 6.33% $75.0 million $— Entergy Louisiana June 2028 $350 million (c) 6.45% $— $— Entergy Mississippi July 2023 (e) $45 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $40 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $10 million (d) 6.70% $— $— Entergy Mississippi July 2025 $150 million 6.33% $— $— Entergy New Orleans June 2024 $25 million (c) 6.83% $— $— Entergy Texas June 2028 $150 million (c) 6.45% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2023 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. (e) The short-term Entergy Mississippi credit facilities were terminated in July 2023. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2023: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $11.6 million Entergy Louisiana $125 million 0.78% $20 million Entergy Mississippi $65 million 0.78% $6.7 million Entergy New Orleans $15 million 1.625% $1 million Entergy Texas $80 million 0.875% $8.8 million (a) As of June 30, 2023, letters of credit posted with MISO covered financial transmission right exposure of $5.9 million for Entergy Arkansas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2023, in addition to the $6.7 million MISO letters of credit, Entergy Mississippi had $9.2 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas have FERC-authorized short-term borrowing limits effective through April 2025. The FERC-authorized short-term borrowing limit for System Energy is effective through March 2025. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are intercompany borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2024. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2023, $139 million in cash borrowings were outstanding under the credit facility. The weighted-average interest rate for the six months ended June 30, 2023 was 6.28% on the drawn portion of the facility. Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2023: Company Expiration Amount Weighted- Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 5.93% $22.5 Entergy Louisiana River Bend VIE June 2025 $105 5.92% $56.4 Entergy Louisiana Waterford VIE June 2025 $105 5.82% $49.8 System Energy VIE June 2025 $120 5.79% $37.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant. The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of June 30, 2023 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. As of June 30, 2023, Entergy Arkansas and Entergy Louisiana each had financing authorization from the FERC that extended through April 2025 and System Energy has obtained financing authorization from the FERC that extends through March 2025 for issuances by its nuclear fuel company VIEs. Debt Issuances and Retirements (Entergy Arkansas) In January 2023, Entergy Arkansas issued $425 million of 5.15% Series mortgage bonds due January 2033. Entergy Arkansas used the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.05% Series mortgage bonds due June 2023 and for general corporate purposes. (Entergy Mississippi) In May 2023, Entergy Mississippi issued $300 million of 5.0% Series mortgage bonds due September 2033. Entergy Mississippi used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.10% Series mortgage bonds due July 2023 and $50 million of its unsecured term loan due December 2023 and for general corporate purposes. (Entergy New Orleans) In May 2023, Entergy New Orleans amended its $70 million unsecured term loan credit agreement, to provide for additional borrowings of $15 million due June 2024. The amended term loan bears interest at a fixed interest rate of 6.25% payable on the unpaid principal amount, compared to the previous rate of 2.5%. Entergy New Orleans used the funds for general corporate purposes. In July 2023, Entergy New Orleans repaid, at maturity, $100 million of 3.90% Series mortgage bonds. (System Energy) In March 2023, System Energy issued $325 million of 6.00% Series mortgage bonds due April 2028. System Energy used the proceeds, together with other funds, to repay, prior to maturity, its $50 million term loan due November 2023, and to repay, at maturity, its $250 million of 4.10% Series mortgage bonds due April 2023, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Arkansas [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in June 2028. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted-average interest rate for the six months ended June 30, 2023 was 6.34% on the drawn portion of the facility. As of June 30, 2023, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2023, Entergy Corporation had $1,108.4 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2023 was 5.19%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2023 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2024 $25 million (b) 7.02% $— $— Entergy Arkansas June 2028 $150 million (c) 6.33% $75.0 million $— Entergy Louisiana June 2028 $350 million (c) 6.45% $— $— Entergy Mississippi July 2023 (e) $45 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $40 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $10 million (d) 6.70% $— $— Entergy Mississippi July 2025 $150 million 6.33% $— $— Entergy New Orleans June 2024 $25 million (c) 6.83% $— $— Entergy Texas June 2028 $150 million (c) 6.45% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2023 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. (e) The short-term Entergy Mississippi credit facilities were terminated in July 2023. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2023: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $11.6 million Entergy Louisiana $125 million 0.78% $20 million Entergy Mississippi $65 million 0.78% $6.7 million Entergy New Orleans $15 million 1.625% $1 million Entergy Texas $80 million 0.875% $8.8 million (a) As of June 30, 2023, letters of credit posted with MISO covered financial transmission right exposure of $5.9 million for Entergy Arkansas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2023, in addition to the $6.7 million MISO letters of credit, Entergy Mississippi had $9.2 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas have FERC-authorized short-term borrowing limits effective through April 2025. The FERC-authorized short-term borrowing limit for System Energy is effective through March 2025. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are intercompany borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2024. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2023, $139 million in cash borrowings were outstanding under the credit facility. The weighted-average interest rate for the six months ended June 30, 2023 was 6.28% on the drawn portion of the facility. Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2023: Company Expiration Amount Weighted- Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 5.93% $22.5 Entergy Louisiana River Bend VIE June 2025 $105 5.92% $56.4 Entergy Louisiana Waterford VIE June 2025 $105 5.82% $49.8 System Energy VIE June 2025 $120 5.79% $37.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant. The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of June 30, 2023 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. As of June 30, 2023, Entergy Arkansas and Entergy Louisiana each had financing authorization from the FERC that extended through April 2025 and System Energy has obtained financing authorization from the FERC that extends through March 2025 for issuances by its nuclear fuel company VIEs. Debt Issuances and Retirements (Entergy Arkansas) In January 2023, Entergy Arkansas issued $425 million of 5.15% Series mortgage bonds due January 2033. Entergy Arkansas used the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.05% Series mortgage bonds due June 2023 and for general corporate purposes. (Entergy Mississippi) In May 2023, Entergy Mississippi issued $300 million of 5.0% Series mortgage bonds due September 2033. Entergy Mississippi used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.10% Series mortgage bonds due July 2023 and $50 million of its unsecured term loan due December 2023 and for general corporate purposes. (Entergy New Orleans) In May 2023, Entergy New Orleans amended its $70 million unsecured term loan credit agreement, to provide for additional borrowings of $15 million due June 2024. The amended term loan bears interest at a fixed interest rate of 6.25% payable on the unpaid principal amount, compared to the previous rate of 2.5%. Entergy New Orleans used the funds for general corporate purposes. In July 2023, Entergy New Orleans repaid, at maturity, $100 million of 3.90% Series mortgage bonds. (System Energy) In March 2023, System Energy issued $325 million of 6.00% Series mortgage bonds due April 2028. System Energy used the proceeds, together with other funds, to repay, prior to maturity, its $50 million term loan due November 2023, and to repay, at maturity, its $250 million of 4.10% Series mortgage bonds due April 2023, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Louisiana [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in June 2028. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted-average interest rate for the six months ended June 30, 2023 was 6.34% on the drawn portion of the facility. As of June 30, 2023, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2023, Entergy Corporation had $1,108.4 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2023 was 5.19%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2023 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2024 $25 million (b) 7.02% $— $— Entergy Arkansas June 2028 $150 million (c) 6.33% $75.0 million $— Entergy Louisiana June 2028 $350 million (c) 6.45% $— $— Entergy Mississippi July 2023 (e) $45 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $40 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $10 million (d) 6.70% $— $— Entergy Mississippi July 2025 $150 million 6.33% $— $— Entergy New Orleans June 2024 $25 million (c) 6.83% $— $— Entergy Texas June 2028 $150 million (c) 6.45% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2023 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. (e) The short-term Entergy Mississippi credit facilities were terminated in July 2023. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2023: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $11.6 million Entergy Louisiana $125 million 0.78% $20 million Entergy Mississippi $65 million 0.78% $6.7 million Entergy New Orleans $15 million 1.625% $1 million Entergy Texas $80 million 0.875% $8.8 million (a) As of June 30, 2023, letters of credit posted with MISO covered financial transmission right exposure of $5.9 million for Entergy Arkansas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2023, in addition to the $6.7 million MISO letters of credit, Entergy Mississippi had $9.2 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas have FERC-authorized short-term borrowing limits effective through April 2025. The FERC-authorized short-term borrowing limit for System Energy is effective through March 2025. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are intercompany borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2024. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2023, $139 million in cash borrowings were outstanding under the credit facility. The weighted-average interest rate for the six months ended June 30, 2023 was 6.28% on the drawn portion of the facility. Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2023: Company Expiration Amount Weighted- Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 5.93% $22.5 Entergy Louisiana River Bend VIE June 2025 $105 5.92% $56.4 Entergy Louisiana Waterford VIE June 2025 $105 5.82% $49.8 System Energy VIE June 2025 $120 5.79% $37.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant. The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of June 30, 2023 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. As of June 30, 2023, Entergy Arkansas and Entergy Louisiana each had financing authorization from the FERC that extended through April 2025 and System Energy has obtained financing authorization from the FERC that extends through March 2025 for issuances by its nuclear fuel company VIEs. Debt Issuances and Retirements (Entergy Arkansas) In January 2023, Entergy Arkansas issued $425 million of 5.15% Series mortgage bonds due January 2033. Entergy Arkansas used the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.05% Series mortgage bonds due June 2023 and for general corporate purposes. (Entergy Mississippi) In May 2023, Entergy Mississippi issued $300 million of 5.0% Series mortgage bonds due September 2033. Entergy Mississippi used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.10% Series mortgage bonds due July 2023 and $50 million of its unsecured term loan due December 2023 and for general corporate purposes. (Entergy New Orleans) In May 2023, Entergy New Orleans amended its $70 million unsecured term loan credit agreement, to provide for additional borrowings of $15 million due June 2024. The amended term loan bears interest at a fixed interest rate of 6.25% payable on the unpaid principal amount, compared to the previous rate of 2.5%. Entergy New Orleans used the funds for general corporate purposes. In July 2023, Entergy New Orleans repaid, at maturity, $100 million of 3.90% Series mortgage bonds. (System Energy) In March 2023, System Energy issued $325 million of 6.00% Series mortgage bonds due April 2028. System Energy used the proceeds, together with other funds, to repay, prior to maturity, its $50 million term loan due November 2023, and to repay, at maturity, its $250 million of 4.10% Series mortgage bonds due April 2023, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Mississippi [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in June 2028. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted-average interest rate for the six months ended June 30, 2023 was 6.34% on the drawn portion of the facility. As of June 30, 2023, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2023, Entergy Corporation had $1,108.4 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2023 was 5.19%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2023 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2024 $25 million (b) 7.02% $— $— Entergy Arkansas June 2028 $150 million (c) 6.33% $75.0 million $— Entergy Louisiana June 2028 $350 million (c) 6.45% $— $— Entergy Mississippi July 2023 (e) $45 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $40 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $10 million (d) 6.70% $— $— Entergy Mississippi July 2025 $150 million 6.33% $— $— Entergy New Orleans June 2024 $25 million (c) 6.83% $— $— Entergy Texas June 2028 $150 million (c) 6.45% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2023 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. (e) The short-term Entergy Mississippi credit facilities were terminated in July 2023. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2023: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $11.6 million Entergy Louisiana $125 million 0.78% $20 million Entergy Mississippi $65 million 0.78% $6.7 million Entergy New Orleans $15 million 1.625% $1 million Entergy Texas $80 million 0.875% $8.8 million (a) As of June 30, 2023, letters of credit posted with MISO covered financial transmission right exposure of $5.9 million for Entergy Arkansas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2023, in addition to the $6.7 million MISO letters of credit, Entergy Mississippi had $9.2 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas have FERC-authorized short-term borrowing limits effective through April 2025. The FERC-authorized short-term borrowing limit for System Energy is effective through March 2025. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are intercompany borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2024. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2023, $139 million in cash borrowings were outstanding under the credit facility. The weighted-average interest rate for the six months ended June 30, 2023 was 6.28% on the drawn portion of the facility. Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2023: Company Expiration Amount Weighted- Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 5.93% $22.5 Entergy Louisiana River Bend VIE June 2025 $105 5.92% $56.4 Entergy Louisiana Waterford VIE June 2025 $105 5.82% $49.8 System Energy VIE June 2025 $120 5.79% $37.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant. The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of June 30, 2023 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. As of June 30, 2023, Entergy Arkansas and Entergy Louisiana each had financing authorization from the FERC that extended through April 2025 and System Energy has obtained financing authorization from the FERC that extends through March 2025 for issuances by its nuclear fuel company VIEs. Debt Issuances and Retirements (Entergy Arkansas) In January 2023, Entergy Arkansas issued $425 million of 5.15% Series mortgage bonds due January 2033. Entergy Arkansas used the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.05% Series mortgage bonds due June 2023 and for general corporate purposes. (Entergy Mississippi) In May 2023, Entergy Mississippi issued $300 million of 5.0% Series mortgage bonds due September 2033. Entergy Mississippi used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.10% Series mortgage bonds due July 2023 and $50 million of its unsecured term loan due December 2023 and for general corporate purposes. (Entergy New Orleans) In May 2023, Entergy New Orleans amended its $70 million unsecured term loan credit agreement, to provide for additional borrowings of $15 million due June 2024. The amended term loan bears interest at a fixed interest rate of 6.25% payable on the unpaid principal amount, compared to the previous rate of 2.5%. Entergy New Orleans used the funds for general corporate purposes. In July 2023, Entergy New Orleans repaid, at maturity, $100 million of 3.90% Series mortgage bonds. (System Energy) In March 2023, System Energy issued $325 million of 6.00% Series mortgage bonds due April 2028. System Energy used the proceeds, together with other funds, to repay, prior to maturity, its $50 million term loan due November 2023, and to repay, at maturity, its $250 million of 4.10% Series mortgage bonds due April 2023, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy New Orleans [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in June 2028. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted-average interest rate for the six months ended June 30, 2023 was 6.34% on the drawn portion of the facility. As of June 30, 2023, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2023, Entergy Corporation had $1,108.4 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2023 was 5.19%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2023 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2024 $25 million (b) 7.02% $— $— Entergy Arkansas June 2028 $150 million (c) 6.33% $75.0 million $— Entergy Louisiana June 2028 $350 million (c) 6.45% $— $— Entergy Mississippi July 2023 (e) $45 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $40 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $10 million (d) 6.70% $— $— Entergy Mississippi July 2025 $150 million 6.33% $— $— Entergy New Orleans June 2024 $25 million (c) 6.83% $— $— Entergy Texas June 2028 $150 million (c) 6.45% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2023 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. (e) The short-term Entergy Mississippi credit facilities were terminated in July 2023. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2023: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $11.6 million Entergy Louisiana $125 million 0.78% $20 million Entergy Mississippi $65 million 0.78% $6.7 million Entergy New Orleans $15 million 1.625% $1 million Entergy Texas $80 million 0.875% $8.8 million (a) As of June 30, 2023, letters of credit posted with MISO covered financial transmission right exposure of $5.9 million for Entergy Arkansas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2023, in addition to the $6.7 million MISO letters of credit, Entergy Mississippi had $9.2 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas have FERC-authorized short-term borrowing limits effective through April 2025. The FERC-authorized short-term borrowing limit for System Energy is effective through March 2025. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are intercompany borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2024. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2023, $139 million in cash borrowings were outstanding under the credit facility. The weighted-average interest rate for the six months ended June 30, 2023 was 6.28% on the drawn portion of the facility. Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2023: Company Expiration Amount Weighted- Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 5.93% $22.5 Entergy Louisiana River Bend VIE June 2025 $105 5.92% $56.4 Entergy Louisiana Waterford VIE June 2025 $105 5.82% $49.8 System Energy VIE June 2025 $120 5.79% $37.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant. The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of June 30, 2023 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. As of June 30, 2023, Entergy Arkansas and Entergy Louisiana each had financing authorization from the FERC that extended through April 2025 and System Energy has obtained financing authorization from the FERC that extends through March 2025 for issuances by its nuclear fuel company VIEs. Debt Issuances and Retirements (Entergy Arkansas) In January 2023, Entergy Arkansas issued $425 million of 5.15% Series mortgage bonds due January 2033. Entergy Arkansas used the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.05% Series mortgage bonds due June 2023 and for general corporate purposes. (Entergy Mississippi) In May 2023, Entergy Mississippi issued $300 million of 5.0% Series mortgage bonds due September 2033. Entergy Mississippi used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.10% Series mortgage bonds due July 2023 and $50 million of its unsecured term loan due December 2023 and for general corporate purposes. (Entergy New Orleans) In May 2023, Entergy New Orleans amended its $70 million unsecured term loan credit agreement, to provide for additional borrowings of $15 million due June 2024. The amended term loan bears interest at a fixed interest rate of 6.25% payable on the unpaid principal amount, compared to the previous rate of 2.5%. Entergy New Orleans used the funds for general corporate purposes. In July 2023, Entergy New Orleans repaid, at maturity, $100 million of 3.90% Series mortgage bonds. (System Energy) In March 2023, System Energy issued $325 million of 6.00% Series mortgage bonds due April 2028. System Energy used the proceeds, together with other funds, to repay, prior to maturity, its $50 million term loan due November 2023, and to repay, at maturity, its $250 million of 4.10% Series mortgage bonds due April 2023, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Texas [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in June 2028. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted-average interest rate for the six months ended June 30, 2023 was 6.34% on the drawn portion of the facility. As of June 30, 2023, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2023, Entergy Corporation had $1,108.4 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2023 was 5.19%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2023 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2024 $25 million (b) 7.02% $— $— Entergy Arkansas June 2028 $150 million (c) 6.33% $75.0 million $— Entergy Louisiana June 2028 $350 million (c) 6.45% $— $— Entergy Mississippi July 2023 (e) $45 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $40 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $10 million (d) 6.70% $— $— Entergy Mississippi July 2025 $150 million 6.33% $— $— Entergy New Orleans June 2024 $25 million (c) 6.83% $— $— Entergy Texas June 2028 $150 million (c) 6.45% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2023 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. (e) The short-term Entergy Mississippi credit facilities were terminated in July 2023. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2023: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $11.6 million Entergy Louisiana $125 million 0.78% $20 million Entergy Mississippi $65 million 0.78% $6.7 million Entergy New Orleans $15 million 1.625% $1 million Entergy Texas $80 million 0.875% $8.8 million (a) As of June 30, 2023, letters of credit posted with MISO covered financial transmission right exposure of $5.9 million for Entergy Arkansas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2023, in addition to the $6.7 million MISO letters of credit, Entergy Mississippi had $9.2 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas have FERC-authorized short-term borrowing limits effective through April 2025. The FERC-authorized short-term borrowing limit for System Energy is effective through March 2025. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are intercompany borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2024. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2023, $139 million in cash borrowings were outstanding under the credit facility. The weighted-average interest rate for the six months ended June 30, 2023 was 6.28% on the drawn portion of the facility. Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2023: Company Expiration Amount Weighted- Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 5.93% $22.5 Entergy Louisiana River Bend VIE June 2025 $105 5.92% $56.4 Entergy Louisiana Waterford VIE June 2025 $105 5.82% $49.8 System Energy VIE June 2025 $120 5.79% $37.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant. The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of June 30, 2023 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. As of June 30, 2023, Entergy Arkansas and Entergy Louisiana each had financing authorization from the FERC that extended through April 2025 and System Energy has obtained financing authorization from the FERC that extends through March 2025 for issuances by its nuclear fuel company VIEs. Debt Issuances and Retirements (Entergy Arkansas) In January 2023, Entergy Arkansas issued $425 million of 5.15% Series mortgage bonds due January 2033. Entergy Arkansas used the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.05% Series mortgage bonds due June 2023 and for general corporate purposes. (Entergy Mississippi) In May 2023, Entergy Mississippi issued $300 million of 5.0% Series mortgage bonds due September 2033. Entergy Mississippi used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.10% Series mortgage bonds due July 2023 and $50 million of its unsecured term loan due December 2023 and for general corporate purposes. (Entergy New Orleans) In May 2023, Entergy New Orleans amended its $70 million unsecured term loan credit agreement, to provide for additional borrowings of $15 million due June 2024. The amended term loan bears interest at a fixed interest rate of 6.25% payable on the unpaid principal amount, compared to the previous rate of 2.5%. Entergy New Orleans used the funds for general corporate purposes. In July 2023, Entergy New Orleans repaid, at maturity, $100 million of 3.90% Series mortgage bonds. (System Energy) In March 2023, System Energy issued $325 million of 6.00% Series mortgage bonds due April 2028. System Energy used the proceeds, together with other funds, to repay, prior to maturity, its $50 million term loan due November 2023, and to repay, at maturity, its $250 million of 4.10% Series mortgage bonds due April 2023, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
System Energy [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in June 2028. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted-average interest rate for the six months ended June 30, 2023 was 6.34% on the drawn portion of the facility. As of June 30, 2023, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2023, Entergy Corporation had $1,108.4 million of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2023 was 5.19%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2023 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2024 $25 million (b) 7.02% $— $— Entergy Arkansas June 2028 $150 million (c) 6.33% $75.0 million $— Entergy Louisiana June 2028 $350 million (c) 6.45% $— $— Entergy Mississippi July 2023 (e) $45 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $40 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $10 million (d) 6.70% $— $— Entergy Mississippi July 2025 $150 million 6.33% $— $— Entergy New Orleans June 2024 $25 million (c) 6.83% $— $— Entergy Texas June 2028 $150 million (c) 6.45% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2023 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. (e) The short-term Entergy Mississippi credit facilities were terminated in July 2023. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2023: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $11.6 million Entergy Louisiana $125 million 0.78% $20 million Entergy Mississippi $65 million 0.78% $6.7 million Entergy New Orleans $15 million 1.625% $1 million Entergy Texas $80 million 0.875% $8.8 million (a) As of June 30, 2023, letters of credit posted with MISO covered financial transmission right exposure of $5.9 million for Entergy Arkansas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2023, in addition to the $6.7 million MISO letters of credit, Entergy Mississippi had $9.2 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas have FERC-authorized short-term borrowing limits effective through April 2025. The FERC-authorized short-term borrowing limit for System Energy is effective through March 2025. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are intercompany borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2024. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2023, $139 million in cash borrowings were outstanding under the credit facility. The weighted-average interest rate for the six months ended June 30, 2023 was 6.28% on the drawn portion of the facility. Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2023: Company Expiration Amount Weighted- Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 5.93% $22.5 Entergy Louisiana River Bend VIE June 2025 $105 5.92% $56.4 Entergy Louisiana Waterford VIE June 2025 $105 5.82% $49.8 System Energy VIE June 2025 $120 5.79% $37.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant. The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of June 30, 2023 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. As of June 30, 2023, Entergy Arkansas and Entergy Louisiana each had financing authorization from the FERC that extended through April 2025 and System Energy has obtained financing authorization from the FERC that extends through March 2025 for issuances by its nuclear fuel company VIEs. Debt Issuances and Retirements (Entergy Arkansas) In January 2023, Entergy Arkansas issued $425 million of 5.15% Series mortgage bonds due January 2033. Entergy Arkansas used the proceeds, together with other funds, to repay, at maturity, its $250 million of 3.05% Series mortgage bonds due June 2023 and for general corporate purposes. (Entergy Mississippi) In May 2023, Entergy Mississippi issued $300 million of 5.0% Series mortgage bonds due September 2033. Entergy Mississippi used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.10% Series mortgage bonds due July 2023 and $50 million of its unsecured term loan due December 2023 and for general corporate purposes. (Entergy New Orleans) In May 2023, Entergy New Orleans amended its $70 million unsecured term loan credit agreement, to provide for additional borrowings of $15 million due June 2024. The amended term loan bears interest at a fixed interest rate of 6.25% payable on the unpaid principal amount, compared to the previous rate of 2.5%. Entergy New Orleans used the funds for general corporate purposes. In July 2023, Entergy New Orleans repaid, at maturity, $100 million of 3.90% Series mortgage bonds. (System Energy) In March 2023, System Energy issued $325 million of 6.00% Series mortgage bonds due April 2028. System Energy used the proceeds, together with other funds, to repay, prior to maturity, its $50 million term loan due November 2023, and to repay, at maturity, its $250 million of 4.10% Series mortgage bonds due April 2023, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2023
Entergy Corporation [Member]
Stock-Based Compensation	STOCK-BASED COMPENSATION (Entergy Corporation) Entergy grants stock and stock-based awards, which are described more fully in Note 12 to the financial statements in the Form 10-K. Awards under Entergy’s plans generally vest over three years. Stock Options Entergy granted options on 281,874 shares of its common stock under the 2019 Omnibus Incentive Plan during the first quarter 2023 with a fair value of $20.07 per option. As of June 30, 2023, there were options on 2,969,605 shares of common stock outstanding with a weighted-average exercise price of $97.42. The intrinsic value, which has no effect on net income, of the outstanding stock options is calculated by the positive difference between the weighted-average exercise price of the stock options granted and Entergy Corporation’s common stock price as of June 30, 2023. The aggregate intrinsic value of the stock options outstanding as of June 30, 2023 was $24.1 million. The following table includes financial information for outstanding stock options for the three months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Compensation expense included in Entergy’s consolidated net income $1.0 $1.2 Tax benefit recognized in Entergy’s consolidated net income $0.3 $0.3 Compensation cost capitalized as part of fixed assets and materials and supplies $0.6 $0.4 The following table includes financial information for outstanding stock options for the six months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Compensation expense included in Entergy’s consolidated net income $2.1 $2.3 Tax benefit recognized in Entergy’s consolidated net income $0.6 $0.6 Compensation cost capitalized as part of fixed assets and materials and supplies $1.1 $0.8 Other Equity Awards In January 2023 the Board approved and Entergy granted 345,983 restricted stock awards and 143,212 long-term incentive awards under the 2019 Omnibus Incentive Plan. The restricted stock awards were made effective on January 26, 2023 and were valued at $108.47 per share, which was the closing price of Entergy’s common stock on that date. Shares of restricted stock have the same dividend and voting rights as other common stock, are considered issued and outstanding shares of Entergy upon vesting, and are expensed ratably over the three-year vesting period. One-third of the restricted stock awards and accrued dividends will vest upon each anniversary of the grant date. In addition, long-term incentive awards were also granted in the form of performance units that represent the value of, and are settled with, one share of Entergy Corporation common stock at the end of the three-year performance period, plus dividends accrued during the performance period on the number of performance units earned. To emphasize the importance of strong cash generation for the long-term health of its business, a credit measure – adjusted funds from operations/debt ratio – was selected as one of the performance measures for the 2023-2025 performance period. Performance will be measured based eighty percent on relative total shareholder return and twenty percent on the credit measure. The performance units were granted on January 26, 2023 and eighty percent were valued at $130.65 per share based on various factors, primarily market conditions; and twenty percent were valued at $108.47 per share, the closing price of Entergy’s common stock on that date. Performance units have the same dividend rights as shares of Entergy common stock and are considered issued and outstanding shares of Entergy upon vesting. Performance units are expensed ratably over the three-year vesting period and compensation cost for the portion of the award based on cumulative adjusted earnings per share will be adjusted based on the number of units that ultimately vest. See Note 12 to the financial statements in the Form 10-K for a description of the Long-Term Performance Unit Program. The following table includes financial information for other outstanding equity awards for the three months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Compensation expense included in Entergy’s consolidated net income $10.1 $10.6 Tax benefit recognized in Entergy’s consolidated net income $2.6 $2.7 Compensation cost capitalized as part of fixed assets and materials and supplies $4.4 $4.3 The following table includes financial information for other outstanding equity awards for the six months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Compensation expense included in Entergy’s consolidated net income $17.8 $22.0 Tax benefit recognized in Entergy’s consolidated net income $4.6 $5.6 Compensation cost capitalized as part of fixed assets and materials and supplies $7.6 $8.7

Retirement And Other Postretire

Retirement And Other Postretirement Benefits	6 Months Ended
	Jun. 30, 2023
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $25,366 $36,977 Interest cost on projected benefit obligation 74,033 52,676 Expected return on assets (95,752) (103,085) Amortization of net loss 21,307 56,413 Settlement charges 7,246 22,653 Net pension costs $32,200 $65,634 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $51,044 $74,637 Interest cost on projected benefit obligation 149,734 103,795 Expected return on assets (193,885) (206,692) Amortization of net loss 43,654 116,992 Settlement charges 145,674 22,653 Net pension costs $196,221 $111,385 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $4,661 $6,199 $1,456 $487 $1,090 $1,445 Interest cost on projected benefit obligation 13,917 14,944 3,824 1,669 3,162 3,435 Expected return on assets (17,878) (18,766) (4,635) (2,310) (4,023) (4,501) Amortization of net loss 5,763 4,992 1,627 484 1,059 1,274 Settlement charges 1,784 2,232 88 7 592 490 Net pension cost $8,247 $9,601 $2,360 $337 $1,880 $2,143 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $9,410 $12,479 $2,938 $978 $2,197 $2,912 Interest cost on projected benefit obligation 28,197 30,323 7,754 3,384 6,404 6,963 Expected return on assets (35,954) (37,999) (9,519) (4,577) (8,175) (9,039) Amortization of net loss 12,732 9,956 3,392 997 2,049 2,735 Settlement charges 23,958 38,230 11,743 1,700 10,270 5,290 Net pension cost $38,343 $52,989 $16,308 $2,482 $12,745 $8,861 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 Non-Qualified Net Pension Cost Entergy recognized $8.8 million and $7.2 million in pension cost for its non-qualified pension plans in the second quarters of 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarters of 2023 and 2022, respectively, were settlement charges of $4.6 million and $2.5 million related to the payment of lump sum benefits out of the plans. Entergy recognized $18 million and $17.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively, were settlement charges of $9.3 million and $7.8 million related to the payment of lump sum benefits out of the plans. The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the second quarters of 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $63 $25 $87 $33 $63 2022 $71 $26 $79 $27 $88 The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $513 $52 $639 $66 $126 2022 $143 $53 $161 $56 $303 Reflected in Entergy Arkansas’ non-qualified pension costs for the six months ended June 30, 2023 were settlement charges of $379 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2023 and 2022 were settlement charges of $453 thousand and $2 thousand, respectively, related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefits Cost (Income) Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $3,664 $6,184 Interest cost on accumulated postretirement benefit obligation (APBO) 10,568 6,827 Expected return on assets (9,183) (10,855) Amortization of prior service credit (5,640) (6,388) Amortization of net (gain) loss (2,862) 1,083 Net other postretirement benefits income ($3,453) ($3,149) Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $7,328 $12,368 Interest cost on accumulated postretirement benefit obligation (APBO) 21,136 13,654 Expected return on assets (18,366) (21,710) Amortization of prior service credit (11,280) (12,776) Amortization of net (gain) loss (5,724) 2,166 Net other postretirement benefits income ($6,906) ($6,298) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $741 $845 $220 $59 $202 $189 Interest cost on APBO 2,001 2,233 543 290 649 432 Expected return on assets (3,778) — (1,179) (1,316) (2,194) (634) Amortization of prior service cost (credit) 524 (951) (239) (229) (1,093) (73) Amortization of net (gain) loss 43 (1,764) 21 117 229 — Net other postretirement benefits cost (income) ($469) $363 ($634) ($1,079) ($2,207) ($86) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost (credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefits cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,482 $1,690 $440 $118 $404 $378 Interest cost on APBO 4,002 4,466 1,086 580 1,298 864 Expected return on assets (7,556) — (2,358) (2,632) (4,388) (1,268) Amortization of prior service cost (credit) 1,048 (1,902) (478) (458) (2,186) (146) Amortization of net (gain) loss 86 (3,528) 42 234 458 — Net other postretirement benefits cost (income) ($938) $726 ($1,268) ($2,158) ($4,414) ($172) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost (credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefits cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,510 ($112) $3,398 Amortization of net gain (loss) (1,104) 2,897 (160) 1,633 Settlement loss (310) — (364) (674) ($1,414) $6,407 ($636) $4,357 Entergy Louisiana Amortization of prior service credit $— $951 $— $951 Amortization of net gain (loss) (200) 1,764 — 1,564 Settlement loss (89) — — (89) ($289) $2,715 $— $2,426 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — (6) (178) ($671) $1,344 ($1) $672 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $7,020 ($225) $6,795 Amortization of net gain (loss) (2,144) 5,796 (357) 3,295 Settlement loss (6,957) — (1,533) (8,490) ($9,101) $12,816 ($2,115) $1,600 Entergy Louisiana Amortization of prior service credit $— $1,902 $— $1,902 Amortization of net gain (loss) (398) 3,528 (1) 3,129 Settlement loss (1,529) — — (1,529) ($1,927) $5,430 ($1) $3,502 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) ($1,175) $2,688 ($2) $1,511 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Costs Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees exceeded the sum of the Plans’ 2023 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amounts recorded for 2020 and 2021 were included in the base rate case that was filed with the PUCT in July 2022, and amortization of that amount began in 2023 when interim rates became effective. At June 30, 2023, the balance in this reserve was approximately $39.2 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $267 million to its qualified pension plans in 2023. As of June 30, 2023, Entergy had contributed $91.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2023: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2023 pension contributions $54,468 $44,565 $21,110 $1,420 $5,314 $15,543 Pension contributions made through June 2023 $18,444 $13,518 $7,130 $355 $1,438 $5,529 Remaining estimated pension contributions to be made in 2023 $36,024 $31,047 $13,980 $1,065 $3,876 $10,014
Entergy Arkansas [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $25,366 $36,977 Interest cost on projected benefit obligation 74,033 52,676 Expected return on assets (95,752) (103,085) Amortization of net loss 21,307 56,413 Settlement charges 7,246 22,653 Net pension costs $32,200 $65,634 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $51,044 $74,637 Interest cost on projected benefit obligation 149,734 103,795 Expected return on assets (193,885) (206,692) Amortization of net loss 43,654 116,992 Settlement charges 145,674 22,653 Net pension costs $196,221 $111,385 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $4,661 $6,199 $1,456 $487 $1,090 $1,445 Interest cost on projected benefit obligation 13,917 14,944 3,824 1,669 3,162 3,435 Expected return on assets (17,878) (18,766) (4,635) (2,310) (4,023) (4,501) Amortization of net loss 5,763 4,992 1,627 484 1,059 1,274 Settlement charges 1,784 2,232 88 7 592 490 Net pension cost $8,247 $9,601 $2,360 $337 $1,880 $2,143 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $9,410 $12,479 $2,938 $978 $2,197 $2,912 Interest cost on projected benefit obligation 28,197 30,323 7,754 3,384 6,404 6,963 Expected return on assets (35,954) (37,999) (9,519) (4,577) (8,175) (9,039) Amortization of net loss 12,732 9,956 3,392 997 2,049 2,735 Settlement charges 23,958 38,230 11,743 1,700 10,270 5,290 Net pension cost $38,343 $52,989 $16,308 $2,482 $12,745 $8,861 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 Non-Qualified Net Pension Cost Entergy recognized $8.8 million and $7.2 million in pension cost for its non-qualified pension plans in the second quarters of 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarters of 2023 and 2022, respectively, were settlement charges of $4.6 million and $2.5 million related to the payment of lump sum benefits out of the plans. Entergy recognized $18 million and $17.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively, were settlement charges of $9.3 million and $7.8 million related to the payment of lump sum benefits out of the plans. The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the second quarters of 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $63 $25 $87 $33 $63 2022 $71 $26 $79 $27 $88 The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $513 $52 $639 $66 $126 2022 $143 $53 $161 $56 $303 Reflected in Entergy Arkansas’ non-qualified pension costs for the six months ended June 30, 2023 were settlement charges of $379 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2023 and 2022 were settlement charges of $453 thousand and $2 thousand, respectively, related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefits Cost (Income) Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $3,664 $6,184 Interest cost on accumulated postretirement benefit obligation (APBO) 10,568 6,827 Expected return on assets (9,183) (10,855) Amortization of prior service credit (5,640) (6,388) Amortization of net (gain) loss (2,862) 1,083 Net other postretirement benefits income ($3,453) ($3,149) Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $7,328 $12,368 Interest cost on accumulated postretirement benefit obligation (APBO) 21,136 13,654 Expected return on assets (18,366) (21,710) Amortization of prior service credit (11,280) (12,776) Amortization of net (gain) loss (5,724) 2,166 Net other postretirement benefits income ($6,906) ($6,298) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $741 $845 $220 $59 $202 $189 Interest cost on APBO 2,001 2,233 543 290 649 432 Expected return on assets (3,778) — (1,179) (1,316) (2,194) (634) Amortization of prior service cost (credit) 524 (951) (239) (229) (1,093) (73) Amortization of net (gain) loss 43 (1,764) 21 117 229 — Net other postretirement benefits cost (income) ($469) $363 ($634) ($1,079) ($2,207) ($86) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost (credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefits cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,482 $1,690 $440 $118 $404 $378 Interest cost on APBO 4,002 4,466 1,086 580 1,298 864 Expected return on assets (7,556) — (2,358) (2,632) (4,388) (1,268) Amortization of prior service cost (credit) 1,048 (1,902) (478) (458) (2,186) (146) Amortization of net (gain) loss 86 (3,528) 42 234 458 — Net other postretirement benefits cost (income) ($938) $726 ($1,268) ($2,158) ($4,414) ($172) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost (credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefits cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,510 ($112) $3,398 Amortization of net gain (loss) (1,104) 2,897 (160) 1,633 Settlement loss (310) — (364) (674) ($1,414) $6,407 ($636) $4,357 Entergy Louisiana Amortization of prior service credit $— $951 $— $951 Amortization of net gain (loss) (200) 1,764 — 1,564 Settlement loss (89) — — (89) ($289) $2,715 $— $2,426 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — (6) (178) ($671) $1,344 ($1) $672 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $7,020 ($225) $6,795 Amortization of net gain (loss) (2,144) 5,796 (357) 3,295 Settlement loss (6,957) — (1,533) (8,490) ($9,101) $12,816 ($2,115) $1,600 Entergy Louisiana Amortization of prior service credit $— $1,902 $— $1,902 Amortization of net gain (loss) (398) 3,528 (1) 3,129 Settlement loss (1,529) — — (1,529) ($1,927) $5,430 ($1) $3,502 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) ($1,175) $2,688 ($2) $1,511 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Costs Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees exceeded the sum of the Plans’ 2023 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amounts recorded for 2020 and 2021 were included in the base rate case that was filed with the PUCT in July 2022, and amortization of that amount began in 2023 when interim rates became effective. At June 30, 2023, the balance in this reserve was approximately $39.2 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $267 million to its qualified pension plans in 2023. As of June 30, 2023, Entergy had contributed $91.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2023: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2023 pension contributions $54,468 $44,565 $21,110 $1,420 $5,314 $15,543 Pension contributions made through June 2023 $18,444 $13,518 $7,130 $355 $1,438 $5,529 Remaining estimated pension contributions to be made in 2023 $36,024 $31,047 $13,980 $1,065 $3,876 $10,014
Entergy Louisiana [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $25,366 $36,977 Interest cost on projected benefit obligation 74,033 52,676 Expected return on assets (95,752) (103,085) Amortization of net loss 21,307 56,413 Settlement charges 7,246 22,653 Net pension costs $32,200 $65,634 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $51,044 $74,637 Interest cost on projected benefit obligation 149,734 103,795 Expected return on assets (193,885) (206,692) Amortization of net loss 43,654 116,992 Settlement charges 145,674 22,653 Net pension costs $196,221 $111,385 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $4,661 $6,199 $1,456 $487 $1,090 $1,445 Interest cost on projected benefit obligation 13,917 14,944 3,824 1,669 3,162 3,435 Expected return on assets (17,878) (18,766) (4,635) (2,310) (4,023) (4,501) Amortization of net loss 5,763 4,992 1,627 484 1,059 1,274 Settlement charges 1,784 2,232 88 7 592 490 Net pension cost $8,247 $9,601 $2,360 $337 $1,880 $2,143 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $9,410 $12,479 $2,938 $978 $2,197 $2,912 Interest cost on projected benefit obligation 28,197 30,323 7,754 3,384 6,404 6,963 Expected return on assets (35,954) (37,999) (9,519) (4,577) (8,175) (9,039) Amortization of net loss 12,732 9,956 3,392 997 2,049 2,735 Settlement charges 23,958 38,230 11,743 1,700 10,270 5,290 Net pension cost $38,343 $52,989 $16,308 $2,482 $12,745 $8,861 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 Non-Qualified Net Pension Cost Entergy recognized $8.8 million and $7.2 million in pension cost for its non-qualified pension plans in the second quarters of 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarters of 2023 and 2022, respectively, were settlement charges of $4.6 million and $2.5 million related to the payment of lump sum benefits out of the plans. Entergy recognized $18 million and $17.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively, were settlement charges of $9.3 million and $7.8 million related to the payment of lump sum benefits out of the plans. The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the second quarters of 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $63 $25 $87 $33 $63 2022 $71 $26 $79 $27 $88 The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $513 $52 $639 $66 $126 2022 $143 $53 $161 $56 $303 Reflected in Entergy Arkansas’ non-qualified pension costs for the six months ended June 30, 2023 were settlement charges of $379 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2023 and 2022 were settlement charges of $453 thousand and $2 thousand, respectively, related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefits Cost (Income) Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $3,664 $6,184 Interest cost on accumulated postretirement benefit obligation (APBO) 10,568 6,827 Expected return on assets (9,183) (10,855) Amortization of prior service credit (5,640) (6,388) Amortization of net (gain) loss (2,862) 1,083 Net other postretirement benefits income ($3,453) ($3,149) Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $7,328 $12,368 Interest cost on accumulated postretirement benefit obligation (APBO) 21,136 13,654 Expected return on assets (18,366) (21,710) Amortization of prior service credit (11,280) (12,776) Amortization of net (gain) loss (5,724) 2,166 Net other postretirement benefits income ($6,906) ($6,298) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $741 $845 $220 $59 $202 $189 Interest cost on APBO 2,001 2,233 543 290 649 432 Expected return on assets (3,778) — (1,179) (1,316) (2,194) (634) Amortization of prior service cost (credit) 524 (951) (239) (229) (1,093) (73) Amortization of net (gain) loss 43 (1,764) 21 117 229 — Net other postretirement benefits cost (income) ($469) $363 ($634) ($1,079) ($2,207) ($86) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost (credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefits cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,482 $1,690 $440 $118 $404 $378 Interest cost on APBO 4,002 4,466 1,086 580 1,298 864 Expected return on assets (7,556) — (2,358) (2,632) (4,388) (1,268) Amortization of prior service cost (credit) 1,048 (1,902) (478) (458) (2,186) (146) Amortization of net (gain) loss 86 (3,528) 42 234 458 — Net other postretirement benefits cost (income) ($938) $726 ($1,268) ($2,158) ($4,414) ($172) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost (credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefits cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,510 ($112) $3,398 Amortization of net gain (loss) (1,104) 2,897 (160) 1,633 Settlement loss (310) — (364) (674) ($1,414) $6,407 ($636) $4,357 Entergy Louisiana Amortization of prior service credit $— $951 $— $951 Amortization of net gain (loss) (200) 1,764 — 1,564 Settlement loss (89) — — (89) ($289) $2,715 $— $2,426 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — (6) (178) ($671) $1,344 ($1) $672 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $7,020 ($225) $6,795 Amortization of net gain (loss) (2,144) 5,796 (357) 3,295 Settlement loss (6,957) — (1,533) (8,490) ($9,101) $12,816 ($2,115) $1,600 Entergy Louisiana Amortization of prior service credit $— $1,902 $— $1,902 Amortization of net gain (loss) (398) 3,528 (1) 3,129 Settlement loss (1,529) — — (1,529) ($1,927) $5,430 ($1) $3,502 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) ($1,175) $2,688 ($2) $1,511 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Costs Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees exceeded the sum of the Plans’ 2023 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amounts recorded for 2020 and 2021 were included in the base rate case that was filed with the PUCT in July 2022, and amortization of that amount began in 2023 when interim rates became effective. At June 30, 2023, the balance in this reserve was approximately $39.2 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $267 million to its qualified pension plans in 2023. As of June 30, 2023, Entergy had contributed $91.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2023: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2023 pension contributions $54,468 $44,565 $21,110 $1,420 $5,314 $15,543 Pension contributions made through June 2023 $18,444 $13,518 $7,130 $355 $1,438 $5,529 Remaining estimated pension contributions to be made in 2023 $36,024 $31,047 $13,980 $1,065 $3,876 $10,014
Entergy Mississippi [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $25,366 $36,977 Interest cost on projected benefit obligation 74,033 52,676 Expected return on assets (95,752) (103,085) Amortization of net loss 21,307 56,413 Settlement charges 7,246 22,653 Net pension costs $32,200 $65,634 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $51,044 $74,637 Interest cost on projected benefit obligation 149,734 103,795 Expected return on assets (193,885) (206,692) Amortization of net loss 43,654 116,992 Settlement charges 145,674 22,653 Net pension costs $196,221 $111,385 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $4,661 $6,199 $1,456 $487 $1,090 $1,445 Interest cost on projected benefit obligation 13,917 14,944 3,824 1,669 3,162 3,435 Expected return on assets (17,878) (18,766) (4,635) (2,310) (4,023) (4,501) Amortization of net loss 5,763 4,992 1,627 484 1,059 1,274 Settlement charges 1,784 2,232 88 7 592 490 Net pension cost $8,247 $9,601 $2,360 $337 $1,880 $2,143 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $9,410 $12,479 $2,938 $978 $2,197 $2,912 Interest cost on projected benefit obligation 28,197 30,323 7,754 3,384 6,404 6,963 Expected return on assets (35,954) (37,999) (9,519) (4,577) (8,175) (9,039) Amortization of net loss 12,732 9,956 3,392 997 2,049 2,735 Settlement charges 23,958 38,230 11,743 1,700 10,270 5,290 Net pension cost $38,343 $52,989 $16,308 $2,482 $12,745 $8,861 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 Non-Qualified Net Pension Cost Entergy recognized $8.8 million and $7.2 million in pension cost for its non-qualified pension plans in the second quarters of 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarters of 2023 and 2022, respectively, were settlement charges of $4.6 million and $2.5 million related to the payment of lump sum benefits out of the plans. Entergy recognized $18 million and $17.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively, were settlement charges of $9.3 million and $7.8 million related to the payment of lump sum benefits out of the plans. The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the second quarters of 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $63 $25 $87 $33 $63 2022 $71 $26 $79 $27 $88 The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $513 $52 $639 $66 $126 2022 $143 $53 $161 $56 $303 Reflected in Entergy Arkansas’ non-qualified pension costs for the six months ended June 30, 2023 were settlement charges of $379 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2023 and 2022 were settlement charges of $453 thousand and $2 thousand, respectively, related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefits Cost (Income) Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $3,664 $6,184 Interest cost on accumulated postretirement benefit obligation (APBO) 10,568 6,827 Expected return on assets (9,183) (10,855) Amortization of prior service credit (5,640) (6,388) Amortization of net (gain) loss (2,862) 1,083 Net other postretirement benefits income ($3,453) ($3,149) Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $7,328 $12,368 Interest cost on accumulated postretirement benefit obligation (APBO) 21,136 13,654 Expected return on assets (18,366) (21,710) Amortization of prior service credit (11,280) (12,776) Amortization of net (gain) loss (5,724) 2,166 Net other postretirement benefits income ($6,906) ($6,298) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $741 $845 $220 $59 $202 $189 Interest cost on APBO 2,001 2,233 543 290 649 432 Expected return on assets (3,778) — (1,179) (1,316) (2,194) (634) Amortization of prior service cost (credit) 524 (951) (239) (229) (1,093) (73) Amortization of net (gain) loss 43 (1,764) 21 117 229 — Net other postretirement benefits cost (income) ($469) $363 ($634) ($1,079) ($2,207) ($86) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost (credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefits cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,482 $1,690 $440 $118 $404 $378 Interest cost on APBO 4,002 4,466 1,086 580 1,298 864 Expected return on assets (7,556) — (2,358) (2,632) (4,388) (1,268) Amortization of prior service cost (credit) 1,048 (1,902) (478) (458) (2,186) (146) Amortization of net (gain) loss 86 (3,528) 42 234 458 — Net other postretirement benefits cost (income) ($938) $726 ($1,268) ($2,158) ($4,414) ($172) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost (credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefits cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,510 ($112) $3,398 Amortization of net gain (loss) (1,104) 2,897 (160) 1,633 Settlement loss (310) — (364) (674) ($1,414) $6,407 ($636) $4,357 Entergy Louisiana Amortization of prior service credit $— $951 $— $951 Amortization of net gain (loss) (200) 1,764 — 1,564 Settlement loss (89) — — (89) ($289) $2,715 $— $2,426 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — (6) (178) ($671) $1,344 ($1) $672 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $7,020 ($225) $6,795 Amortization of net gain (loss) (2,144) 5,796 (357) 3,295 Settlement loss (6,957) — (1,533) (8,490) ($9,101) $12,816 ($2,115) $1,600 Entergy Louisiana Amortization of prior service credit $— $1,902 $— $1,902 Amortization of net gain (loss) (398) 3,528 (1) 3,129 Settlement loss (1,529) — — (1,529) ($1,927) $5,430 ($1) $3,502 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) ($1,175) $2,688 ($2) $1,511 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Costs Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees exceeded the sum of the Plans’ 2023 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amounts recorded for 2020 and 2021 were included in the base rate case that was filed with the PUCT in July 2022, and amortization of that amount began in 2023 when interim rates became effective. At June 30, 2023, the balance in this reserve was approximately $39.2 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $267 million to its qualified pension plans in 2023. As of June 30, 2023, Entergy had contributed $91.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2023: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2023 pension contributions $54,468 $44,565 $21,110 $1,420 $5,314 $15,543 Pension contributions made through June 2023 $18,444 $13,518 $7,130 $355 $1,438 $5,529 Remaining estimated pension contributions to be made in 2023 $36,024 $31,047 $13,980 $1,065 $3,876 $10,014
Entergy New Orleans [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $25,366 $36,977 Interest cost on projected benefit obligation 74,033 52,676 Expected return on assets (95,752) (103,085) Amortization of net loss 21,307 56,413 Settlement charges 7,246 22,653 Net pension costs $32,200 $65,634 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $51,044 $74,637 Interest cost on projected benefit obligation 149,734 103,795 Expected return on assets (193,885) (206,692) Amortization of net loss 43,654 116,992 Settlement charges 145,674 22,653 Net pension costs $196,221 $111,385 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $4,661 $6,199 $1,456 $487 $1,090 $1,445 Interest cost on projected benefit obligation 13,917 14,944 3,824 1,669 3,162 3,435 Expected return on assets (17,878) (18,766) (4,635) (2,310) (4,023) (4,501) Amortization of net loss 5,763 4,992 1,627 484 1,059 1,274 Settlement charges 1,784 2,232 88 7 592 490 Net pension cost $8,247 $9,601 $2,360 $337 $1,880 $2,143 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $9,410 $12,479 $2,938 $978 $2,197 $2,912 Interest cost on projected benefit obligation 28,197 30,323 7,754 3,384 6,404 6,963 Expected return on assets (35,954) (37,999) (9,519) (4,577) (8,175) (9,039) Amortization of net loss 12,732 9,956 3,392 997 2,049 2,735 Settlement charges 23,958 38,230 11,743 1,700 10,270 5,290 Net pension cost $38,343 $52,989 $16,308 $2,482 $12,745 $8,861 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 Non-Qualified Net Pension Cost Entergy recognized $8.8 million and $7.2 million in pension cost for its non-qualified pension plans in the second quarters of 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarters of 2023 and 2022, respectively, were settlement charges of $4.6 million and $2.5 million related to the payment of lump sum benefits out of the plans. Entergy recognized $18 million and $17.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively, were settlement charges of $9.3 million and $7.8 million related to the payment of lump sum benefits out of the plans. The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the second quarters of 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $63 $25 $87 $33 $63 2022 $71 $26 $79 $27 $88 The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $513 $52 $639 $66 $126 2022 $143 $53 $161 $56 $303 Reflected in Entergy Arkansas’ non-qualified pension costs for the six months ended June 30, 2023 were settlement charges of $379 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2023 and 2022 were settlement charges of $453 thousand and $2 thousand, respectively, related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefits Cost (Income) Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $3,664 $6,184 Interest cost on accumulated postretirement benefit obligation (APBO) 10,568 6,827 Expected return on assets (9,183) (10,855) Amortization of prior service credit (5,640) (6,388) Amortization of net (gain) loss (2,862) 1,083 Net other postretirement benefits income ($3,453) ($3,149) Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $7,328 $12,368 Interest cost on accumulated postretirement benefit obligation (APBO) 21,136 13,654 Expected return on assets (18,366) (21,710) Amortization of prior service credit (11,280) (12,776) Amortization of net (gain) loss (5,724) 2,166 Net other postretirement benefits income ($6,906) ($6,298) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $741 $845 $220 $59 $202 $189 Interest cost on APBO 2,001 2,233 543 290 649 432 Expected return on assets (3,778) — (1,179) (1,316) (2,194) (634) Amortization of prior service cost (credit) 524 (951) (239) (229) (1,093) (73) Amortization of net (gain) loss 43 (1,764) 21 117 229 — Net other postretirement benefits cost (income) ($469) $363 ($634) ($1,079) ($2,207) ($86) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost (credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefits cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,482 $1,690 $440 $118 $404 $378 Interest cost on APBO 4,002 4,466 1,086 580 1,298 864 Expected return on assets (7,556) — (2,358) (2,632) (4,388) (1,268) Amortization of prior service cost (credit) 1,048 (1,902) (478) (458) (2,186) (146) Amortization of net (gain) loss 86 (3,528) 42 234 458 — Net other postretirement benefits cost (income) ($938) $726 ($1,268) ($2,158) ($4,414) ($172) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost (credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefits cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,510 ($112) $3,398 Amortization of net gain (loss) (1,104) 2,897 (160) 1,633 Settlement loss (310) — (364) (674) ($1,414) $6,407 ($636) $4,357 Entergy Louisiana Amortization of prior service credit $— $951 $— $951 Amortization of net gain (loss) (200) 1,764 — 1,564 Settlement loss (89) — — (89) ($289) $2,715 $— $2,426 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — (6) (178) ($671) $1,344 ($1) $672 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $7,020 ($225) $6,795 Amortization of net gain (loss) (2,144) 5,796 (357) 3,295 Settlement loss (6,957) — (1,533) (8,490) ($9,101) $12,816 ($2,115) $1,600 Entergy Louisiana Amortization of prior service credit $— $1,902 $— $1,902 Amortization of net gain (loss) (398) 3,528 (1) 3,129 Settlement loss (1,529) — — (1,529) ($1,927) $5,430 ($1) $3,502 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) ($1,175) $2,688 ($2) $1,511 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Costs Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees exceeded the sum of the Plans’ 2023 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amounts recorded for 2020 and 2021 were included in the base rate case that was filed with the PUCT in July 2022, and amortization of that amount began in 2023 when interim rates became effective. At June 30, 2023, the balance in this reserve was approximately $39.2 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $267 million to its qualified pension plans in 2023. As of June 30, 2023, Entergy had contributed $91.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2023: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2023 pension contributions $54,468 $44,565 $21,110 $1,420 $5,314 $15,543 Pension contributions made through June 2023 $18,444 $13,518 $7,130 $355 $1,438 $5,529 Remaining estimated pension contributions to be made in 2023 $36,024 $31,047 $13,980 $1,065 $3,876 $10,014
Entergy Texas [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $25,366 $36,977 Interest cost on projected benefit obligation 74,033 52,676 Expected return on assets (95,752) (103,085) Amortization of net loss 21,307 56,413 Settlement charges 7,246 22,653 Net pension costs $32,200 $65,634 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $51,044 $74,637 Interest cost on projected benefit obligation 149,734 103,795 Expected return on assets (193,885) (206,692) Amortization of net loss 43,654 116,992 Settlement charges 145,674 22,653 Net pension costs $196,221 $111,385 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $4,661 $6,199 $1,456 $487 $1,090 $1,445 Interest cost on projected benefit obligation 13,917 14,944 3,824 1,669 3,162 3,435 Expected return on assets (17,878) (18,766) (4,635) (2,310) (4,023) (4,501) Amortization of net loss 5,763 4,992 1,627 484 1,059 1,274 Settlement charges 1,784 2,232 88 7 592 490 Net pension cost $8,247 $9,601 $2,360 $337 $1,880 $2,143 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $9,410 $12,479 $2,938 $978 $2,197 $2,912 Interest cost on projected benefit obligation 28,197 30,323 7,754 3,384 6,404 6,963 Expected return on assets (35,954) (37,999) (9,519) (4,577) (8,175) (9,039) Amortization of net loss 12,732 9,956 3,392 997 2,049 2,735 Settlement charges 23,958 38,230 11,743 1,700 10,270 5,290 Net pension cost $38,343 $52,989 $16,308 $2,482 $12,745 $8,861 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 Non-Qualified Net Pension Cost Entergy recognized $8.8 million and $7.2 million in pension cost for its non-qualified pension plans in the second quarters of 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarters of 2023 and 2022, respectively, were settlement charges of $4.6 million and $2.5 million related to the payment of lump sum benefits out of the plans. Entergy recognized $18 million and $17.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively, were settlement charges of $9.3 million and $7.8 million related to the payment of lump sum benefits out of the plans. The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the second quarters of 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $63 $25 $87 $33 $63 2022 $71 $26 $79 $27 $88 The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $513 $52 $639 $66 $126 2022 $143 $53 $161 $56 $303 Reflected in Entergy Arkansas’ non-qualified pension costs for the six months ended June 30, 2023 were settlement charges of $379 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2023 and 2022 were settlement charges of $453 thousand and $2 thousand, respectively, related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefits Cost (Income) Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $3,664 $6,184 Interest cost on accumulated postretirement benefit obligation (APBO) 10,568 6,827 Expected return on assets (9,183) (10,855) Amortization of prior service credit (5,640) (6,388) Amortization of net (gain) loss (2,862) 1,083 Net other postretirement benefits income ($3,453) ($3,149) Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $7,328 $12,368 Interest cost on accumulated postretirement benefit obligation (APBO) 21,136 13,654 Expected return on assets (18,366) (21,710) Amortization of prior service credit (11,280) (12,776) Amortization of net (gain) loss (5,724) 2,166 Net other postretirement benefits income ($6,906) ($6,298) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $741 $845 $220 $59 $202 $189 Interest cost on APBO 2,001 2,233 543 290 649 432 Expected return on assets (3,778) — (1,179) (1,316) (2,194) (634) Amortization of prior service cost (credit) 524 (951) (239) (229) (1,093) (73) Amortization of net (gain) loss 43 (1,764) 21 117 229 — Net other postretirement benefits cost (income) ($469) $363 ($634) ($1,079) ($2,207) ($86) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost (credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefits cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,482 $1,690 $440 $118 $404 $378 Interest cost on APBO 4,002 4,466 1,086 580 1,298 864 Expected return on assets (7,556) — (2,358) (2,632) (4,388) (1,268) Amortization of prior service cost (credit) 1,048 (1,902) (478) (458) (2,186) (146) Amortization of net (gain) loss 86 (3,528) 42 234 458 — Net other postretirement benefits cost (income) ($938) $726 ($1,268) ($2,158) ($4,414) ($172) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost (credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefits cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,510 ($112) $3,398 Amortization of net gain (loss) (1,104) 2,897 (160) 1,633 Settlement loss (310) — (364) (674) ($1,414) $6,407 ($636) $4,357 Entergy Louisiana Amortization of prior service credit $— $951 $— $951 Amortization of net gain (loss) (200) 1,764 — 1,564 Settlement loss (89) — — (89) ($289) $2,715 $— $2,426 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — (6) (178) ($671) $1,344 ($1) $672 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $7,020 ($225) $6,795 Amortization of net gain (loss) (2,144) 5,796 (357) 3,295 Settlement loss (6,957) — (1,533) (8,490) ($9,101) $12,816 ($2,115) $1,600 Entergy Louisiana Amortization of prior service credit $— $1,902 $— $1,902 Amortization of net gain (loss) (398) 3,528 (1) 3,129 Settlement loss (1,529) — — (1,529) ($1,927) $5,430 ($1) $3,502 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) ($1,175) $2,688 ($2) $1,511 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Costs Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees exceeded the sum of the Plans’ 2023 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amounts recorded for 2020 and 2021 were included in the base rate case that was filed with the PUCT in July 2022, and amortization of that amount began in 2023 when interim rates became effective. At June 30, 2023, the balance in this reserve was approximately $39.2 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $267 million to its qualified pension plans in 2023. As of June 30, 2023, Entergy had contributed $91.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2023: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2023 pension contributions $54,468 $44,565 $21,110 $1,420 $5,314 $15,543 Pension contributions made through June 2023 $18,444 $13,518 $7,130 $355 $1,438 $5,529 Remaining estimated pension contributions to be made in 2023 $36,024 $31,047 $13,980 $1,065 $3,876 $10,014
System Energy [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $25,366 $36,977 Interest cost on projected benefit obligation 74,033 52,676 Expected return on assets (95,752) (103,085) Amortization of net loss 21,307 56,413 Settlement charges 7,246 22,653 Net pension costs $32,200 $65,634 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $51,044 $74,637 Interest cost on projected benefit obligation 149,734 103,795 Expected return on assets (193,885) (206,692) Amortization of net loss 43,654 116,992 Settlement charges 145,674 22,653 Net pension costs $196,221 $111,385 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $4,661 $6,199 $1,456 $487 $1,090 $1,445 Interest cost on projected benefit obligation 13,917 14,944 3,824 1,669 3,162 3,435 Expected return on assets (17,878) (18,766) (4,635) (2,310) (4,023) (4,501) Amortization of net loss 5,763 4,992 1,627 484 1,059 1,274 Settlement charges 1,784 2,232 88 7 592 490 Net pension cost $8,247 $9,601 $2,360 $337 $1,880 $2,143 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $9,410 $12,479 $2,938 $978 $2,197 $2,912 Interest cost on projected benefit obligation 28,197 30,323 7,754 3,384 6,404 6,963 Expected return on assets (35,954) (37,999) (9,519) (4,577) (8,175) (9,039) Amortization of net loss 12,732 9,956 3,392 997 2,049 2,735 Settlement charges 23,958 38,230 11,743 1,700 10,270 5,290 Net pension cost $38,343 $52,989 $16,308 $2,482 $12,745 $8,861 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 Non-Qualified Net Pension Cost Entergy recognized $8.8 million and $7.2 million in pension cost for its non-qualified pension plans in the second quarters of 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarters of 2023 and 2022, respectively, were settlement charges of $4.6 million and $2.5 million related to the payment of lump sum benefits out of the plans. Entergy recognized $18 million and $17.4 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2023 and 2022, respectively, were settlement charges of $9.3 million and $7.8 million related to the payment of lump sum benefits out of the plans. The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the second quarters of 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $63 $25 $87 $33 $63 2022 $71 $26 $79 $27 $88 The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $513 $52 $639 $66 $126 2022 $143 $53 $161 $56 $303 Reflected in Entergy Arkansas’ non-qualified pension costs for the six months ended June 30, 2023 were settlement charges of $379 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2023 and 2022 were settlement charges of $453 thousand and $2 thousand, respectively, related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefits Cost (Income) Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $3,664 $6,184 Interest cost on accumulated postretirement benefit obligation (APBO) 10,568 6,827 Expected return on assets (9,183) (10,855) Amortization of prior service credit (5,640) (6,388) Amortization of net (gain) loss (2,862) 1,083 Net other postretirement benefits income ($3,453) ($3,149) Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $7,328 $12,368 Interest cost on accumulated postretirement benefit obligation (APBO) 21,136 13,654 Expected return on assets (18,366) (21,710) Amortization of prior service credit (11,280) (12,776) Amortization of net (gain) loss (5,724) 2,166 Net other postretirement benefits income ($6,906) ($6,298) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $741 $845 $220 $59 $202 $189 Interest cost on APBO 2,001 2,233 543 290 649 432 Expected return on assets (3,778) — (1,179) (1,316) (2,194) (634) Amortization of prior service cost (credit) 524 (951) (239) (229) (1,093) (73) Amortization of net (gain) loss 43 (1,764) 21 117 229 — Net other postretirement benefits cost (income) ($469) $363 ($634) ($1,079) ($2,207) ($86) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost (credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefits cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,482 $1,690 $440 $118 $404 $378 Interest cost on APBO 4,002 4,466 1,086 580 1,298 864 Expected return on assets (7,556) — (2,358) (2,632) (4,388) (1,268) Amortization of prior service cost (credit) 1,048 (1,902) (478) (458) (2,186) (146) Amortization of net (gain) loss 86 (3,528) 42 234 458 — Net other postretirement benefits cost (income) ($938) $726 ($1,268) ($2,158) ($4,414) ($172) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost (credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefits cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,510 ($112) $3,398 Amortization of net gain (loss) (1,104) 2,897 (160) 1,633 Settlement loss (310) — (364) (674) ($1,414) $6,407 ($636) $4,357 Entergy Louisiana Amortization of prior service credit $— $951 $— $951 Amortization of net gain (loss) (200) 1,764 — 1,564 Settlement loss (89) — — (89) ($289) $2,715 $— $2,426 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — (6) (178) ($671) $1,344 ($1) $672 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $7,020 ($225) $6,795 Amortization of net gain (loss) (2,144) 5,796 (357) 3,295 Settlement loss (6,957) — (1,533) (8,490) ($9,101) $12,816 ($2,115) $1,600 Entergy Louisiana Amortization of prior service credit $— $1,902 $— $1,902 Amortization of net gain (loss) (398) 3,528 (1) 3,129 Settlement loss (1,529) — — (1,529) ($1,927) $5,430 ($1) $3,502 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) ($1,175) $2,688 ($2) $1,511 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Costs Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees exceeded the sum of the Plans’ 2023 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amounts recorded for 2020 and 2021 were included in the base rate case that was filed with the PUCT in July 2022, and amortization of that amount began in 2023 when interim rates became effective. At June 30, 2023, the balance in this reserve was approximately $39.2 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $267 million to its qualified pension plans in 2023. As of June 30, 2023, Entergy had contributed $91.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2023: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2023 pension contributions $54,468 $44,565 $21,110 $1,420 $5,314 $15,543 Pension contributions made through June 2023 $18,444 $13,518 $7,130 $355 $1,438 $5,529 Remaining estimated pension contributions to be made in 2023 $36,024 $31,047 $13,980 $1,065 $3,876 $10,014

Business Segment Information

Business Segment Information	6 Months Ended
	Jun. 30, 2023
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana. The Utility segment reflects management’s primary basis of organization with a predominant focus on its utility operations in the Gulf South. Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business which owns interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers and also provides decommissioning services to nuclear power plants owned by non-affiliated entities in the United States. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy completed its multi-year strategy to exit the merchant nuclear power business in 2022 and upon completion of all transition activities, effective January 1, 2023, Entergy Wholesale Commodities is no longer a reportable segment. See Note 13 and Note 14 to the financial statements in the Form 10-K for discussion of the asset impairments and restructuring charges related to the decision to exit the merchant nuclear power business. Remaining business activity previously reported under Entergy Wholesale Commodities is now included under Parent & Other. Historical segment financial information presented herein has been restated for the second quarter 2022 and the six months ended June 30, 2022 to reflect the change in reportable segments. The change in reportable segments had no effect on Entergy’s consolidated financial statements or historical segment financial information for the Utility reportable segment. Entergy’s segment financial information for the second quarters of 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $2,818,747 $27,287 ($8) $2,846,026 Income taxes $144,489 ($9,693) $— $134,796 Consolidated net income (loss) $514,498 ($40,559) ($81,925) $392,014 2022 Operating revenues $3,306,269 $88,933 ($6) $3,395,196 Income taxes ($371,704) $12,061 $— ($359,643) Consolidated net income (loss) $156,548 $50,714 ($43,251) $164,011 Entergy’s segment financial information for the six months ended June 30, 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $5,766,738 $60,358 ($11) $5,827,085 Income taxes $78,363 ($22,542) $— $55,821 Consolidated net income (loss) $912,664 ($70,953) ($137,399) $704,312 Total assets as of June 30, 2023 $64,059,477 $855,229 ($5,197,470) $59,717,236 2022 Operating revenues $6,034,425 $238,711 ($14) $6,273,122 Income taxes ($296,346) $3,201 $— ($293,145) Consolidated net income (loss) $499,704 $19,097 ($75,197) $443,604 Total assets as of December 31, 2022 $61,399,243 $884,442 ($3,688,494) $58,595,191 Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. Management allocates resources and assesses financial performance on a consolidated basis.
Entergy Arkansas [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana. The Utility segment reflects management’s primary basis of organization with a predominant focus on its utility operations in the Gulf South. Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business which owns interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers and also provides decommissioning services to nuclear power plants owned by non-affiliated entities in the United States. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy completed its multi-year strategy to exit the merchant nuclear power business in 2022 and upon completion of all transition activities, effective January 1, 2023, Entergy Wholesale Commodities is no longer a reportable segment. See Note 13 and Note 14 to the financial statements in the Form 10-K for discussion of the asset impairments and restructuring charges related to the decision to exit the merchant nuclear power business. Remaining business activity previously reported under Entergy Wholesale Commodities is now included under Parent & Other. Historical segment financial information presented herein has been restated for the second quarter 2022 and the six months ended June 30, 2022 to reflect the change in reportable segments. The change in reportable segments had no effect on Entergy’s consolidated financial statements or historical segment financial information for the Utility reportable segment. Entergy’s segment financial information for the second quarters of 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $2,818,747 $27,287 ($8) $2,846,026 Income taxes $144,489 ($9,693) $— $134,796 Consolidated net income (loss) $514,498 ($40,559) ($81,925) $392,014 2022 Operating revenues $3,306,269 $88,933 ($6) $3,395,196 Income taxes ($371,704) $12,061 $— ($359,643) Consolidated net income (loss) $156,548 $50,714 ($43,251) $164,011 Entergy’s segment financial information for the six months ended June 30, 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $5,766,738 $60,358 ($11) $5,827,085 Income taxes $78,363 ($22,542) $— $55,821 Consolidated net income (loss) $912,664 ($70,953) ($137,399) $704,312 Total assets as of June 30, 2023 $64,059,477 $855,229 ($5,197,470) $59,717,236 2022 Operating revenues $6,034,425 $238,711 ($14) $6,273,122 Income taxes ($296,346) $3,201 $— ($293,145) Consolidated net income (loss) $499,704 $19,097 ($75,197) $443,604 Total assets as of December 31, 2022 $61,399,243 $884,442 ($3,688,494) $58,595,191 Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. Management allocates resources and assesses financial performance on a consolidated basis.
Entergy Louisiana [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana. The Utility segment reflects management’s primary basis of organization with a predominant focus on its utility operations in the Gulf South. Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business which owns interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers and also provides decommissioning services to nuclear power plants owned by non-affiliated entities in the United States. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy completed its multi-year strategy to exit the merchant nuclear power business in 2022 and upon completion of all transition activities, effective January 1, 2023, Entergy Wholesale Commodities is no longer a reportable segment. See Note 13 and Note 14 to the financial statements in the Form 10-K for discussion of the asset impairments and restructuring charges related to the decision to exit the merchant nuclear power business. Remaining business activity previously reported under Entergy Wholesale Commodities is now included under Parent & Other. Historical segment financial information presented herein has been restated for the second quarter 2022 and the six months ended June 30, 2022 to reflect the change in reportable segments. The change in reportable segments had no effect on Entergy’s consolidated financial statements or historical segment financial information for the Utility reportable segment. Entergy’s segment financial information for the second quarters of 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $2,818,747 $27,287 ($8) $2,846,026 Income taxes $144,489 ($9,693) $— $134,796 Consolidated net income (loss) $514,498 ($40,559) ($81,925) $392,014 2022 Operating revenues $3,306,269 $88,933 ($6) $3,395,196 Income taxes ($371,704) $12,061 $— ($359,643) Consolidated net income (loss) $156,548 $50,714 ($43,251) $164,011 Entergy’s segment financial information for the six months ended June 30, 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $5,766,738 $60,358 ($11) $5,827,085 Income taxes $78,363 ($22,542) $— $55,821 Consolidated net income (loss) $912,664 ($70,953) ($137,399) $704,312 Total assets as of June 30, 2023 $64,059,477 $855,229 ($5,197,470) $59,717,236 2022 Operating revenues $6,034,425 $238,711 ($14) $6,273,122 Income taxes ($296,346) $3,201 $— ($293,145) Consolidated net income (loss) $499,704 $19,097 ($75,197) $443,604 Total assets as of December 31, 2022 $61,399,243 $884,442 ($3,688,494) $58,595,191 Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. Management allocates resources and assesses financial performance on a consolidated basis.
Entergy Mississippi [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana. The Utility segment reflects management’s primary basis of organization with a predominant focus on its utility operations in the Gulf South. Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business which owns interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers and also provides decommissioning services to nuclear power plants owned by non-affiliated entities in the United States. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy completed its multi-year strategy to exit the merchant nuclear power business in 2022 and upon completion of all transition activities, effective January 1, 2023, Entergy Wholesale Commodities is no longer a reportable segment. See Note 13 and Note 14 to the financial statements in the Form 10-K for discussion of the asset impairments and restructuring charges related to the decision to exit the merchant nuclear power business. Remaining business activity previously reported under Entergy Wholesale Commodities is now included under Parent & Other. Historical segment financial information presented herein has been restated for the second quarter 2022 and the six months ended June 30, 2022 to reflect the change in reportable segments. The change in reportable segments had no effect on Entergy’s consolidated financial statements or historical segment financial information for the Utility reportable segment. Entergy’s segment financial information for the second quarters of 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $2,818,747 $27,287 ($8) $2,846,026 Income taxes $144,489 ($9,693) $— $134,796 Consolidated net income (loss) $514,498 ($40,559) ($81,925) $392,014 2022 Operating revenues $3,306,269 $88,933 ($6) $3,395,196 Income taxes ($371,704) $12,061 $— ($359,643) Consolidated net income (loss) $156,548 $50,714 ($43,251) $164,011 Entergy’s segment financial information for the six months ended June 30, 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $5,766,738 $60,358 ($11) $5,827,085 Income taxes $78,363 ($22,542) $— $55,821 Consolidated net income (loss) $912,664 ($70,953) ($137,399) $704,312 Total assets as of June 30, 2023 $64,059,477 $855,229 ($5,197,470) $59,717,236 2022 Operating revenues $6,034,425 $238,711 ($14) $6,273,122 Income taxes ($296,346) $3,201 $— ($293,145) Consolidated net income (loss) $499,704 $19,097 ($75,197) $443,604 Total assets as of December 31, 2022 $61,399,243 $884,442 ($3,688,494) $58,595,191 Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. Management allocates resources and assesses financial performance on a consolidated basis.
Entergy New Orleans [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana. The Utility segment reflects management’s primary basis of organization with a predominant focus on its utility operations in the Gulf South. Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business which owns interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers and also provides decommissioning services to nuclear power plants owned by non-affiliated entities in the United States. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy completed its multi-year strategy to exit the merchant nuclear power business in 2022 and upon completion of all transition activities, effective January 1, 2023, Entergy Wholesale Commodities is no longer a reportable segment. See Note 13 and Note 14 to the financial statements in the Form 10-K for discussion of the asset impairments and restructuring charges related to the decision to exit the merchant nuclear power business. Remaining business activity previously reported under Entergy Wholesale Commodities is now included under Parent & Other. Historical segment financial information presented herein has been restated for the second quarter 2022 and the six months ended June 30, 2022 to reflect the change in reportable segments. The change in reportable segments had no effect on Entergy’s consolidated financial statements or historical segment financial information for the Utility reportable segment. Entergy’s segment financial information for the second quarters of 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $2,818,747 $27,287 ($8) $2,846,026 Income taxes $144,489 ($9,693) $— $134,796 Consolidated net income (loss) $514,498 ($40,559) ($81,925) $392,014 2022 Operating revenues $3,306,269 $88,933 ($6) $3,395,196 Income taxes ($371,704) $12,061 $— ($359,643) Consolidated net income (loss) $156,548 $50,714 ($43,251) $164,011 Entergy’s segment financial information for the six months ended June 30, 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $5,766,738 $60,358 ($11) $5,827,085 Income taxes $78,363 ($22,542) $— $55,821 Consolidated net income (loss) $912,664 ($70,953) ($137,399) $704,312 Total assets as of June 30, 2023 $64,059,477 $855,229 ($5,197,470) $59,717,236 2022 Operating revenues $6,034,425 $238,711 ($14) $6,273,122 Income taxes ($296,346) $3,201 $— ($293,145) Consolidated net income (loss) $499,704 $19,097 ($75,197) $443,604 Total assets as of December 31, 2022 $61,399,243 $884,442 ($3,688,494) $58,595,191 Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. Management allocates resources and assesses financial performance on a consolidated basis.
Entergy Texas [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana. The Utility segment reflects management’s primary basis of organization with a predominant focus on its utility operations in the Gulf South. Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business which owns interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers and also provides decommissioning services to nuclear power plants owned by non-affiliated entities in the United States. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy completed its multi-year strategy to exit the merchant nuclear power business in 2022 and upon completion of all transition activities, effective January 1, 2023, Entergy Wholesale Commodities is no longer a reportable segment. See Note 13 and Note 14 to the financial statements in the Form 10-K for discussion of the asset impairments and restructuring charges related to the decision to exit the merchant nuclear power business. Remaining business activity previously reported under Entergy Wholesale Commodities is now included under Parent & Other. Historical segment financial information presented herein has been restated for the second quarter 2022 and the six months ended June 30, 2022 to reflect the change in reportable segments. The change in reportable segments had no effect on Entergy’s consolidated financial statements or historical segment financial information for the Utility reportable segment. Entergy’s segment financial information for the second quarters of 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $2,818,747 $27,287 ($8) $2,846,026 Income taxes $144,489 ($9,693) $— $134,796 Consolidated net income (loss) $514,498 ($40,559) ($81,925) $392,014 2022 Operating revenues $3,306,269 $88,933 ($6) $3,395,196 Income taxes ($371,704) $12,061 $— ($359,643) Consolidated net income (loss) $156,548 $50,714 ($43,251) $164,011 Entergy’s segment financial information for the six months ended June 30, 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $5,766,738 $60,358 ($11) $5,827,085 Income taxes $78,363 ($22,542) $— $55,821 Consolidated net income (loss) $912,664 ($70,953) ($137,399) $704,312 Total assets as of June 30, 2023 $64,059,477 $855,229 ($5,197,470) $59,717,236 2022 Operating revenues $6,034,425 $238,711 ($14) $6,273,122 Income taxes ($296,346) $3,201 $— ($293,145) Consolidated net income (loss) $499,704 $19,097 ($75,197) $443,604 Total assets as of December 31, 2022 $61,399,243 $884,442 ($3,688,494) $58,595,191 Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. Management allocates resources and assesses financial performance on a consolidated basis.
System Energy [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana. The Utility segment reflects management’s primary basis of organization with a predominant focus on its utility operations in the Gulf South. Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business which owns interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers and also provides decommissioning services to nuclear power plants owned by non-affiliated entities in the United States. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy completed its multi-year strategy to exit the merchant nuclear power business in 2022 and upon completion of all transition activities, effective January 1, 2023, Entergy Wholesale Commodities is no longer a reportable segment. See Note 13 and Note 14 to the financial statements in the Form 10-K for discussion of the asset impairments and restructuring charges related to the decision to exit the merchant nuclear power business. Remaining business activity previously reported under Entergy Wholesale Commodities is now included under Parent & Other. Historical segment financial information presented herein has been restated for the second quarter 2022 and the six months ended June 30, 2022 to reflect the change in reportable segments. The change in reportable segments had no effect on Entergy’s consolidated financial statements or historical segment financial information for the Utility reportable segment. Entergy’s segment financial information for the second quarters of 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $2,818,747 $27,287 ($8) $2,846,026 Income taxes $144,489 ($9,693) $— $134,796 Consolidated net income (loss) $514,498 ($40,559) ($81,925) $392,014 2022 Operating revenues $3,306,269 $88,933 ($6) $3,395,196 Income taxes ($371,704) $12,061 $— ($359,643) Consolidated net income (loss) $156,548 $50,714 ($43,251) $164,011 Entergy’s segment financial information for the six months ended June 30, 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $5,766,738 $60,358 ($11) $5,827,085 Income taxes $78,363 ($22,542) $— $55,821 Consolidated net income (loss) $912,664 ($70,953) ($137,399) $704,312 Total assets as of June 30, 2023 $64,059,477 $855,229 ($5,197,470) $59,717,236 2022 Operating revenues $6,034,425 $238,711 ($14) $6,273,122 Income taxes ($296,346) $3,201 $— ($293,145) Consolidated net income (loss) $499,704 $19,097 ($75,197) $443,604 Total assets as of December 31, 2022 $61,399,243 $884,442 ($3,688,494) $58,595,191 Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. Management allocates resources and assesses financial performance on a consolidated basis.

Risk Management And Fair Values

Risk Management And Fair Values	6 Months Ended
	Jun. 30, 2023
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2023 is 9 months, for each of Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2023 is 21,084,400 MMBtu for Entergy, including 5,500,000 MMBtu for Entergy Louisiana, 15,305,100 MMBtu for Entergy Mississippi, and 279,300 MMBtu for Entergy New Orleans. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2023, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2023 through May 31, 2024. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy’s non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of June 30, 2023 is 140,203 GWh for Entergy, including 34,517 GWh for Entergy Arkansas, 60,886 GWh for Entergy Louisiana, 17,426 GWh for Entergy Mississippi, 5,439 GWh for Entergy New Orleans, and 21,597 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy’s non-utility operations as of June 30, 2023 and December 31, 2022. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas as of June 30, 2023 and for Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2022. The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheet as of June 30, 2023 and December 31, 2022 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) (In Millions) 2023 Assets: Natural gas swaps and options Prepayments and other $2 $— $ 2 Financial transmission rights Prepayments and other $44 ($4) $ 40 Liabilities: Natural gas swaps and options Other current liabilities $12 $— $ 12 2022 Assets: Natural gas swaps and options Prepayments and other $13 $— $ 13 Natural gas swaps and options Other deferred debits and other assets $3 $— $ 3 Financial transmission rights Prepayments and other $21 ($2) $ 19 Liabilities: Natural gas swaps and options Other current liabilities $25 $— $ 25 (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets (d) Excludes cash collateral in the amount of $8 million posted as of December 31, 2022. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2023 and $3 million posted as of December 31, 2022. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $ 32 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 23 Financial transmission rights Purchased power expense (b) $ 37 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($38) Financial transmission rights Purchased power expense (b) $ 48 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 78 Financial transmission rights Purchased power expense (b) $ 60 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2023 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.1 $— $ 2.1 Entergy Louisiana Financial transmission rights Prepayments and other $19.8 ($0.2) $ 19.6 Entergy Arkansas Financial transmission rights Prepayments and other $16.9 ($0.2) $ 16.7 Entergy Louisiana Financial transmission rights Prepayments and other $2.0 ($0.8) $ 1.2 Entergy Mississippi Financial transmission rights Prepayments and other $1.6 ($0.1) $ 1.5 Entergy New Orleans Financial transmission rights Prepayments and other $3.5 ($2.3) $ 1.2 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $12.6 $— $ 12.6 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $13.1 $— $ 13.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $3.4 $— $ 3.4 Entergy Louisiana Financial transmission rights Prepayments and other $10.3 $— $ 10.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.7 ($0.4) $ 7.3 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $ 0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.8 $— $ 0.8 Entergy New Orleans Financial transmission rights Prepayments and other $1.2 ($1.1) $ 0.1 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $24.0 $— $ 24.0 Entergy Mississippi Natural gas swaps Other current liabilities $1.5 $— $ 1.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2023, letters of credit posted with MISO covered financial transmission rights exposure of $5.9 million for Entergy Arkansas. As of December 31, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $2.4 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.1 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 19.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.5 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 3.5 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 1.0 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($5.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($29.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 8.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 28.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 4.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.2 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.9 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 23.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 25.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.9 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $1,127 $— $— $1,127 Decommissioning trust funds (a): Equity securities 19 — — 19 Debt securities 586 1,121 — 1,707 Common trusts (b) 2,834 Securitization recovery trust account 5 — — 5 Storm reserve escrow accounts 411 — — 411 Gas hedge contracts 2 — — 2 Financial transmission rights — — 40 40 $2,150 $1,121 $40 $6,145 Liabilities: Gas hedge contracts $12 $— $— $12 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $109 $— $— $109 Decommissioning trust funds (a): Equity securities 24 — — 24 Debt securities 534 1,122 — 1,656 Common trusts (b) 2,442 Securitization recovery trust account 13 — — 13 Storm reserve escrow accounts 402 — — 402 Gas hedge contracts 13 3 — 16 Financial transmission rights — — 19 19 $1,095 $1,125 $19 $4,681 Liabilities: Gas hedge contracts $25 $— $— $25 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of April 1, $7 $1 Total gains (losses) for the period Included as a regulatory liability/asset 23 32 Issuances of financial transmission rights 42 16 Settlements (32) (37) Balance as of June 30, $40 $12 The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of January 1, $19 $4 Total gains (losses) for the period Included as a regulatory liability/asset 27 52 Issuances of financial transmission rights 42 16 Settlements (48) (60) Balance as of June 30, $40 $12 The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO. The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. Entergy Arkansas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.9 $— $— $3.9 Decommissioning trust funds (a): Equity securities 1.6 — — 1.6 Debt securities 135.7 349.1 — 484.8 Common trusts (b) 840.2 Financial transmission rights — — 19.6 19.6 $141.2 $349.1 $19.6 $1,350.1 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.4 $— $— $3.4 Decommissioning trust funds (a): Equity securities 4.5 — — 4.5 Debt securities 126.8 343.9 — 470.7 Common trusts (b) 724.7 Financial transmission rights — — 10.3 10.3 $134.7 $343.9 $10.3 $1,213.6 Entergy Louisiana 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $856.8 $— $— $856.8 Decommissioning trust funds (a): Equity securities 14.4 — — 14.4 Debt securities 249.5 503.9 — 753.4 Common trusts (b) 1,205.3 Storm reserve escrow account 300.0 — — 300.0 Gas hedge contracts 2.1 — — 2.1 Financial transmission rights — — 16.7 16.7 $1,422.8 $503.9 $16.7 $3,148.7 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $6.3 $— $— $6.3 Decommissioning trust funds (a): Equity securities 16.8 — — 16.8 Debt securities 209.4 515.7 — 725.1 Common trusts (b) 1,037.2 Storm reserve escrow account 293.4 — — 293.4 Gas hedge contracts 13.1 3.4 — 16.5 Financial transmission rights — — 7.3 7.3 $539.0 $519.1 $7.3 $2,102.6 Entergy Mississippi 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $8.4 $— $— $8.4 Storm reserve escrow account 34.3 — — 34.3 Financial transmission rights — — 1.2 1.2 $42.7 $— $1.2 $43.9 Liabilities: Gas hedge contracts $12.6 $— $— $12.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $17.0 $— $— $17.0 Storm reserve escrow account 33.5 — — 33.5 Financial transmission rights — — 0.6 0.6 $50.5 $— $0.6 $51.1 Liabilities: Gas hedge contracts $24.0 $— $— $24.0 Entergy New Orleans 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $141.3 $— $— $141.3 Securitization recovery trust account 1.7 — — 1.7 Storm reserve escrow account 76.7 — — 76.7 Financial transmission rights — — 1.5 1.5 $219.7 $— $1.5 $221.2 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $4.4 $— $— $4.4 Securitization recovery trust account 2.2 — — 2.2 Storm reserve escrow account 75.0 — — 75.0 Financial transmission rights — — 0.8 0.8 $81.6 $— $0.8 $82.4 Liabilities: Gas hedge contracts $1.5 $— $— $1.5 Entergy Texas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $2.8 $— $— $2.8 Securitization recovery trust account 3.6 — — 3.6 Financial transmission rights — — 1.2 1.2 $6.4 $— $1.2 $7.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $3.0 $— $— $3.0 Securitization recovery trust account 10.9 — — 10.9 Financial transmission rights — — 0.1 0.1 $13.9 $— $0.1 $14.0 System Energy 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $46.2 $— $— $46.2 Decommissioning trust funds (a): Equity securities 2.5 — — 2.5 Debt securities 200.7 268.4 — 469.1 Common trusts (b) 788.7 $249.4 $268.4 $— $1,306.5 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $2.9 $— $— $2.9 Decommissioning trust funds (a): Equity securities 2.8 — — 2.8 Debt securities 197.5 262.2 — 459.7 Common trusts (b) 680.4 $203.2 $262.2 $— $1,145.8 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $4.0 $2.5 $0.2 $0.3 ($0.1) Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (0.9) 15.6 2.6 1.3 4.6 Settlements (4.1) (19.5) (3.0) (1.5) (3.5) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $10.3 $7.3 $0.6 $0.8 $0.1 Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (3.3) 19.6 3.7 1.7 5.1 Settlements (8.0) (28.3) (4.5) (2.4) (4.2) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5
Entergy Arkansas [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2023 is 9 months, for each of Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2023 is 21,084,400 MMBtu for Entergy, including 5,500,000 MMBtu for Entergy Louisiana, 15,305,100 MMBtu for Entergy Mississippi, and 279,300 MMBtu for Entergy New Orleans. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2023, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2023 through May 31, 2024. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy’s non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of June 30, 2023 is 140,203 GWh for Entergy, including 34,517 GWh for Entergy Arkansas, 60,886 GWh for Entergy Louisiana, 17,426 GWh for Entergy Mississippi, 5,439 GWh for Entergy New Orleans, and 21,597 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy’s non-utility operations as of June 30, 2023 and December 31, 2022. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas as of June 30, 2023 and for Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2022. The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheet as of June 30, 2023 and December 31, 2022 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) (In Millions) 2023 Assets: Natural gas swaps and options Prepayments and other $2 $— $ 2 Financial transmission rights Prepayments and other $44 ($4) $ 40 Liabilities: Natural gas swaps and options Other current liabilities $12 $— $ 12 2022 Assets: Natural gas swaps and options Prepayments and other $13 $— $ 13 Natural gas swaps and options Other deferred debits and other assets $3 $— $ 3 Financial transmission rights Prepayments and other $21 ($2) $ 19 Liabilities: Natural gas swaps and options Other current liabilities $25 $— $ 25 (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets (d) Excludes cash collateral in the amount of $8 million posted as of December 31, 2022. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2023 and $3 million posted as of December 31, 2022. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $ 32 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 23 Financial transmission rights Purchased power expense (b) $ 37 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($38) Financial transmission rights Purchased power expense (b) $ 48 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 78 Financial transmission rights Purchased power expense (b) $ 60 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2023 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.1 $— $ 2.1 Entergy Louisiana Financial transmission rights Prepayments and other $19.8 ($0.2) $ 19.6 Entergy Arkansas Financial transmission rights Prepayments and other $16.9 ($0.2) $ 16.7 Entergy Louisiana Financial transmission rights Prepayments and other $2.0 ($0.8) $ 1.2 Entergy Mississippi Financial transmission rights Prepayments and other $1.6 ($0.1) $ 1.5 Entergy New Orleans Financial transmission rights Prepayments and other $3.5 ($2.3) $ 1.2 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $12.6 $— $ 12.6 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $13.1 $— $ 13.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $3.4 $— $ 3.4 Entergy Louisiana Financial transmission rights Prepayments and other $10.3 $— $ 10.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.7 ($0.4) $ 7.3 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $ 0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.8 $— $ 0.8 Entergy New Orleans Financial transmission rights Prepayments and other $1.2 ($1.1) $ 0.1 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $24.0 $— $ 24.0 Entergy Mississippi Natural gas swaps Other current liabilities $1.5 $— $ 1.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2023, letters of credit posted with MISO covered financial transmission rights exposure of $5.9 million for Entergy Arkansas. As of December 31, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $2.4 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.1 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 19.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.5 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 3.5 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 1.0 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($5.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($29.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 8.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 28.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 4.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.2 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.9 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 23.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 25.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.9 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $1,127 $— $— $1,127 Decommissioning trust funds (a): Equity securities 19 — — 19 Debt securities 586 1,121 — 1,707 Common trusts (b) 2,834 Securitization recovery trust account 5 — — 5 Storm reserve escrow accounts 411 — — 411 Gas hedge contracts 2 — — 2 Financial transmission rights — — 40 40 $2,150 $1,121 $40 $6,145 Liabilities: Gas hedge contracts $12 $— $— $12 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $109 $— $— $109 Decommissioning trust funds (a): Equity securities 24 — — 24 Debt securities 534 1,122 — 1,656 Common trusts (b) 2,442 Securitization recovery trust account 13 — — 13 Storm reserve escrow accounts 402 — — 402 Gas hedge contracts 13 3 — 16 Financial transmission rights — — 19 19 $1,095 $1,125 $19 $4,681 Liabilities: Gas hedge contracts $25 $— $— $25 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of April 1, $7 $1 Total gains (losses) for the period Included as a regulatory liability/asset 23 32 Issuances of financial transmission rights 42 16 Settlements (32) (37) Balance as of June 30, $40 $12 The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of January 1, $19 $4 Total gains (losses) for the period Included as a regulatory liability/asset 27 52 Issuances of financial transmission rights 42 16 Settlements (48) (60) Balance as of June 30, $40 $12 The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO. The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. Entergy Arkansas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.9 $— $— $3.9 Decommissioning trust funds (a): Equity securities 1.6 — — 1.6 Debt securities 135.7 349.1 — 484.8 Common trusts (b) 840.2 Financial transmission rights — — 19.6 19.6 $141.2 $349.1 $19.6 $1,350.1 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.4 $— $— $3.4 Decommissioning trust funds (a): Equity securities 4.5 — — 4.5 Debt securities 126.8 343.9 — 470.7 Common trusts (b) 724.7 Financial transmission rights — — 10.3 10.3 $134.7 $343.9 $10.3 $1,213.6 Entergy Louisiana 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $856.8 $— $— $856.8 Decommissioning trust funds (a): Equity securities 14.4 — — 14.4 Debt securities 249.5 503.9 — 753.4 Common trusts (b) 1,205.3 Storm reserve escrow account 300.0 — — 300.0 Gas hedge contracts 2.1 — — 2.1 Financial transmission rights — — 16.7 16.7 $1,422.8 $503.9 $16.7 $3,148.7 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $6.3 $— $— $6.3 Decommissioning trust funds (a): Equity securities 16.8 — — 16.8 Debt securities 209.4 515.7 — 725.1 Common trusts (b) 1,037.2 Storm reserve escrow account 293.4 — — 293.4 Gas hedge contracts 13.1 3.4 — 16.5 Financial transmission rights — — 7.3 7.3 $539.0 $519.1 $7.3 $2,102.6 Entergy Mississippi 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $8.4 $— $— $8.4 Storm reserve escrow account 34.3 — — 34.3 Financial transmission rights — — 1.2 1.2 $42.7 $— $1.2 $43.9 Liabilities: Gas hedge contracts $12.6 $— $— $12.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $17.0 $— $— $17.0 Storm reserve escrow account 33.5 — — 33.5 Financial transmission rights — — 0.6 0.6 $50.5 $— $0.6 $51.1 Liabilities: Gas hedge contracts $24.0 $— $— $24.0 Entergy New Orleans 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $141.3 $— $— $141.3 Securitization recovery trust account 1.7 — — 1.7 Storm reserve escrow account 76.7 — — 76.7 Financial transmission rights — — 1.5 1.5 $219.7 $— $1.5 $221.2 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $4.4 $— $— $4.4 Securitization recovery trust account 2.2 — — 2.2 Storm reserve escrow account 75.0 — — 75.0 Financial transmission rights — — 0.8 0.8 $81.6 $— $0.8 $82.4 Liabilities: Gas hedge contracts $1.5 $— $— $1.5 Entergy Texas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $2.8 $— $— $2.8 Securitization recovery trust account 3.6 — — 3.6 Financial transmission rights — — 1.2 1.2 $6.4 $— $1.2 $7.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $3.0 $— $— $3.0 Securitization recovery trust account 10.9 — — 10.9 Financial transmission rights — — 0.1 0.1 $13.9 $— $0.1 $14.0 System Energy 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $46.2 $— $— $46.2 Decommissioning trust funds (a): Equity securities 2.5 — — 2.5 Debt securities 200.7 268.4 — 469.1 Common trusts (b) 788.7 $249.4 $268.4 $— $1,306.5 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $2.9 $— $— $2.9 Decommissioning trust funds (a): Equity securities 2.8 — — 2.8 Debt securities 197.5 262.2 — 459.7 Common trusts (b) 680.4 $203.2 $262.2 $— $1,145.8 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $4.0 $2.5 $0.2 $0.3 ($0.1) Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (0.9) 15.6 2.6 1.3 4.6 Settlements (4.1) (19.5) (3.0) (1.5) (3.5) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $10.3 $7.3 $0.6 $0.8 $0.1 Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (3.3) 19.6 3.7 1.7 5.1 Settlements (8.0) (28.3) (4.5) (2.4) (4.2) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5
Entergy Louisiana [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2023 is 9 months, for each of Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2023 is 21,084,400 MMBtu for Entergy, including 5,500,000 MMBtu for Entergy Louisiana, 15,305,100 MMBtu for Entergy Mississippi, and 279,300 MMBtu for Entergy New Orleans. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2023, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2023 through May 31, 2024. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy’s non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of June 30, 2023 is 140,203 GWh for Entergy, including 34,517 GWh for Entergy Arkansas, 60,886 GWh for Entergy Louisiana, 17,426 GWh for Entergy Mississippi, 5,439 GWh for Entergy New Orleans, and 21,597 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy’s non-utility operations as of June 30, 2023 and December 31, 2022. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas as of June 30, 2023 and for Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2022. The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheet as of June 30, 2023 and December 31, 2022 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) (In Millions) 2023 Assets: Natural gas swaps and options Prepayments and other $2 $— $ 2 Financial transmission rights Prepayments and other $44 ($4) $ 40 Liabilities: Natural gas swaps and options Other current liabilities $12 $— $ 12 2022 Assets: Natural gas swaps and options Prepayments and other $13 $— $ 13 Natural gas swaps and options Other deferred debits and other assets $3 $— $ 3 Financial transmission rights Prepayments and other $21 ($2) $ 19 Liabilities: Natural gas swaps and options Other current liabilities $25 $— $ 25 (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets (d) Excludes cash collateral in the amount of $8 million posted as of December 31, 2022. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2023 and $3 million posted as of December 31, 2022. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $ 32 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 23 Financial transmission rights Purchased power expense (b) $ 37 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($38) Financial transmission rights Purchased power expense (b) $ 48 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 78 Financial transmission rights Purchased power expense (b) $ 60 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2023 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.1 $— $ 2.1 Entergy Louisiana Financial transmission rights Prepayments and other $19.8 ($0.2) $ 19.6 Entergy Arkansas Financial transmission rights Prepayments and other $16.9 ($0.2) $ 16.7 Entergy Louisiana Financial transmission rights Prepayments and other $2.0 ($0.8) $ 1.2 Entergy Mississippi Financial transmission rights Prepayments and other $1.6 ($0.1) $ 1.5 Entergy New Orleans Financial transmission rights Prepayments and other $3.5 ($2.3) $ 1.2 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $12.6 $— $ 12.6 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $13.1 $— $ 13.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $3.4 $— $ 3.4 Entergy Louisiana Financial transmission rights Prepayments and other $10.3 $— $ 10.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.7 ($0.4) $ 7.3 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $ 0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.8 $— $ 0.8 Entergy New Orleans Financial transmission rights Prepayments and other $1.2 ($1.1) $ 0.1 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $24.0 $— $ 24.0 Entergy Mississippi Natural gas swaps Other current liabilities $1.5 $— $ 1.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2023, letters of credit posted with MISO covered financial transmission rights exposure of $5.9 million for Entergy Arkansas. As of December 31, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $2.4 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.1 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 19.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.5 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 3.5 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 1.0 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($5.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($29.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 8.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 28.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 4.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.2 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.9 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 23.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 25.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.9 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $1,127 $— $— $1,127 Decommissioning trust funds (a): Equity securities 19 — — 19 Debt securities 586 1,121 — 1,707 Common trusts (b) 2,834 Securitization recovery trust account 5 — — 5 Storm reserve escrow accounts 411 — — 411 Gas hedge contracts 2 — — 2 Financial transmission rights — — 40 40 $2,150 $1,121 $40 $6,145 Liabilities: Gas hedge contracts $12 $— $— $12 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $109 $— $— $109 Decommissioning trust funds (a): Equity securities 24 — — 24 Debt securities 534 1,122 — 1,656 Common trusts (b) 2,442 Securitization recovery trust account 13 — — 13 Storm reserve escrow accounts 402 — — 402 Gas hedge contracts 13 3 — 16 Financial transmission rights — — 19 19 $1,095 $1,125 $19 $4,681 Liabilities: Gas hedge contracts $25 $— $— $25 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of April 1, $7 $1 Total gains (losses) for the period Included as a regulatory liability/asset 23 32 Issuances of financial transmission rights 42 16 Settlements (32) (37) Balance as of June 30, $40 $12 The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of January 1, $19 $4 Total gains (losses) for the period Included as a regulatory liability/asset 27 52 Issuances of financial transmission rights 42 16 Settlements (48) (60) Balance as of June 30, $40 $12 The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO. The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. Entergy Arkansas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.9 $— $— $3.9 Decommissioning trust funds (a): Equity securities 1.6 — — 1.6 Debt securities 135.7 349.1 — 484.8 Common trusts (b) 840.2 Financial transmission rights — — 19.6 19.6 $141.2 $349.1 $19.6 $1,350.1 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.4 $— $— $3.4 Decommissioning trust funds (a): Equity securities 4.5 — — 4.5 Debt securities 126.8 343.9 — 470.7 Common trusts (b) 724.7 Financial transmission rights — — 10.3 10.3 $134.7 $343.9 $10.3 $1,213.6 Entergy Louisiana 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $856.8 $— $— $856.8 Decommissioning trust funds (a): Equity securities 14.4 — — 14.4 Debt securities 249.5 503.9 — 753.4 Common trusts (b) 1,205.3 Storm reserve escrow account 300.0 — — 300.0 Gas hedge contracts 2.1 — — 2.1 Financial transmission rights — — 16.7 16.7 $1,422.8 $503.9 $16.7 $3,148.7 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $6.3 $— $— $6.3 Decommissioning trust funds (a): Equity securities 16.8 — — 16.8 Debt securities 209.4 515.7 — 725.1 Common trusts (b) 1,037.2 Storm reserve escrow account 293.4 — — 293.4 Gas hedge contracts 13.1 3.4 — 16.5 Financial transmission rights — — 7.3 7.3 $539.0 $519.1 $7.3 $2,102.6 Entergy Mississippi 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $8.4 $— $— $8.4 Storm reserve escrow account 34.3 — — 34.3 Financial transmission rights — — 1.2 1.2 $42.7 $— $1.2 $43.9 Liabilities: Gas hedge contracts $12.6 $— $— $12.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $17.0 $— $— $17.0 Storm reserve escrow account 33.5 — — 33.5 Financial transmission rights — — 0.6 0.6 $50.5 $— $0.6 $51.1 Liabilities: Gas hedge contracts $24.0 $— $— $24.0 Entergy New Orleans 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $141.3 $— $— $141.3 Securitization recovery trust account 1.7 — — 1.7 Storm reserve escrow account 76.7 — — 76.7 Financial transmission rights — — 1.5 1.5 $219.7 $— $1.5 $221.2 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $4.4 $— $— $4.4 Securitization recovery trust account 2.2 — — 2.2 Storm reserve escrow account 75.0 — — 75.0 Financial transmission rights — — 0.8 0.8 $81.6 $— $0.8 $82.4 Liabilities: Gas hedge contracts $1.5 $— $— $1.5 Entergy Texas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $2.8 $— $— $2.8 Securitization recovery trust account 3.6 — — 3.6 Financial transmission rights — — 1.2 1.2 $6.4 $— $1.2 $7.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $3.0 $— $— $3.0 Securitization recovery trust account 10.9 — — 10.9 Financial transmission rights — — 0.1 0.1 $13.9 $— $0.1 $14.0 System Energy 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $46.2 $— $— $46.2 Decommissioning trust funds (a): Equity securities 2.5 — — 2.5 Debt securities 200.7 268.4 — 469.1 Common trusts (b) 788.7 $249.4 $268.4 $— $1,306.5 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $2.9 $— $— $2.9 Decommissioning trust funds (a): Equity securities 2.8 — — 2.8 Debt securities 197.5 262.2 — 459.7 Common trusts (b) 680.4 $203.2 $262.2 $— $1,145.8 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $4.0 $2.5 $0.2 $0.3 ($0.1) Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (0.9) 15.6 2.6 1.3 4.6 Settlements (4.1) (19.5) (3.0) (1.5) (3.5) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $10.3 $7.3 $0.6 $0.8 $0.1 Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (3.3) 19.6 3.7 1.7 5.1 Settlements (8.0) (28.3) (4.5) (2.4) (4.2) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5
Entergy Mississippi [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2023 is 9 months, for each of Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2023 is 21,084,400 MMBtu for Entergy, including 5,500,000 MMBtu for Entergy Louisiana, 15,305,100 MMBtu for Entergy Mississippi, and 279,300 MMBtu for Entergy New Orleans. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2023, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2023 through May 31, 2024. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy’s non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of June 30, 2023 is 140,203 GWh for Entergy, including 34,517 GWh for Entergy Arkansas, 60,886 GWh for Entergy Louisiana, 17,426 GWh for Entergy Mississippi, 5,439 GWh for Entergy New Orleans, and 21,597 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy’s non-utility operations as of June 30, 2023 and December 31, 2022. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas as of June 30, 2023 and for Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2022. The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheet as of June 30, 2023 and December 31, 2022 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) (In Millions) 2023 Assets: Natural gas swaps and options Prepayments and other $2 $— $ 2 Financial transmission rights Prepayments and other $44 ($4) $ 40 Liabilities: Natural gas swaps and options Other current liabilities $12 $— $ 12 2022 Assets: Natural gas swaps and options Prepayments and other $13 $— $ 13 Natural gas swaps and options Other deferred debits and other assets $3 $— $ 3 Financial transmission rights Prepayments and other $21 ($2) $ 19 Liabilities: Natural gas swaps and options Other current liabilities $25 $— $ 25 (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets (d) Excludes cash collateral in the amount of $8 million posted as of December 31, 2022. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2023 and $3 million posted as of December 31, 2022. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $ 32 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 23 Financial transmission rights Purchased power expense (b) $ 37 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($38) Financial transmission rights Purchased power expense (b) $ 48 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 78 Financial transmission rights Purchased power expense (b) $ 60 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2023 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.1 $— $ 2.1 Entergy Louisiana Financial transmission rights Prepayments and other $19.8 ($0.2) $ 19.6 Entergy Arkansas Financial transmission rights Prepayments and other $16.9 ($0.2) $ 16.7 Entergy Louisiana Financial transmission rights Prepayments and other $2.0 ($0.8) $ 1.2 Entergy Mississippi Financial transmission rights Prepayments and other $1.6 ($0.1) $ 1.5 Entergy New Orleans Financial transmission rights Prepayments and other $3.5 ($2.3) $ 1.2 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $12.6 $— $ 12.6 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $13.1 $— $ 13.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $3.4 $— $ 3.4 Entergy Louisiana Financial transmission rights Prepayments and other $10.3 $— $ 10.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.7 ($0.4) $ 7.3 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $ 0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.8 $— $ 0.8 Entergy New Orleans Financial transmission rights Prepayments and other $1.2 ($1.1) $ 0.1 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $24.0 $— $ 24.0 Entergy Mississippi Natural gas swaps Other current liabilities $1.5 $— $ 1.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2023, letters of credit posted with MISO covered financial transmission rights exposure of $5.9 million for Entergy Arkansas. As of December 31, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $2.4 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.1 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 19.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.5 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 3.5 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 1.0 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($5.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($29.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 8.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 28.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 4.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.2 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.9 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 23.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 25.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.9 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $1,127 $— $— $1,127 Decommissioning trust funds (a): Equity securities 19 — — 19 Debt securities 586 1,121 — 1,707 Common trusts (b) 2,834 Securitization recovery trust account 5 — — 5 Storm reserve escrow accounts 411 — — 411 Gas hedge contracts 2 — — 2 Financial transmission rights — — 40 40 $2,150 $1,121 $40 $6,145 Liabilities: Gas hedge contracts $12 $— $— $12 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $109 $— $— $109 Decommissioning trust funds (a): Equity securities 24 — — 24 Debt securities 534 1,122 — 1,656 Common trusts (b) 2,442 Securitization recovery trust account 13 — — 13 Storm reserve escrow accounts 402 — — 402 Gas hedge contracts 13 3 — 16 Financial transmission rights — — 19 19 $1,095 $1,125 $19 $4,681 Liabilities: Gas hedge contracts $25 $— $— $25 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of April 1, $7 $1 Total gains (losses) for the period Included as a regulatory liability/asset 23 32 Issuances of financial transmission rights 42 16 Settlements (32) (37) Balance as of June 30, $40 $12 The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of January 1, $19 $4 Total gains (losses) for the period Included as a regulatory liability/asset 27 52 Issuances of financial transmission rights 42 16 Settlements (48) (60) Balance as of June 30, $40 $12 The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO. The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. Entergy Arkansas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.9 $— $— $3.9 Decommissioning trust funds (a): Equity securities 1.6 — — 1.6 Debt securities 135.7 349.1 — 484.8 Common trusts (b) 840.2 Financial transmission rights — — 19.6 19.6 $141.2 $349.1 $19.6 $1,350.1 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.4 $— $— $3.4 Decommissioning trust funds (a): Equity securities 4.5 — — 4.5 Debt securities 126.8 343.9 — 470.7 Common trusts (b) 724.7 Financial transmission rights — — 10.3 10.3 $134.7 $343.9 $10.3 $1,213.6 Entergy Louisiana 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $856.8 $— $— $856.8 Decommissioning trust funds (a): Equity securities 14.4 — — 14.4 Debt securities 249.5 503.9 — 753.4 Common trusts (b) 1,205.3 Storm reserve escrow account 300.0 — — 300.0 Gas hedge contracts 2.1 — — 2.1 Financial transmission rights — — 16.7 16.7 $1,422.8 $503.9 $16.7 $3,148.7 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $6.3 $— $— $6.3 Decommissioning trust funds (a): Equity securities 16.8 — — 16.8 Debt securities 209.4 515.7 — 725.1 Common trusts (b) 1,037.2 Storm reserve escrow account 293.4 — — 293.4 Gas hedge contracts 13.1 3.4 — 16.5 Financial transmission rights — — 7.3 7.3 $539.0 $519.1 $7.3 $2,102.6 Entergy Mississippi 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $8.4 $— $— $8.4 Storm reserve escrow account 34.3 — — 34.3 Financial transmission rights — — 1.2 1.2 $42.7 $— $1.2 $43.9 Liabilities: Gas hedge contracts $12.6 $— $— $12.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $17.0 $— $— $17.0 Storm reserve escrow account 33.5 — — 33.5 Financial transmission rights — — 0.6 0.6 $50.5 $— $0.6 $51.1 Liabilities: Gas hedge contracts $24.0 $— $— $24.0 Entergy New Orleans 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $141.3 $— $— $141.3 Securitization recovery trust account 1.7 — — 1.7 Storm reserve escrow account 76.7 — — 76.7 Financial transmission rights — — 1.5 1.5 $219.7 $— $1.5 $221.2 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $4.4 $— $— $4.4 Securitization recovery trust account 2.2 — — 2.2 Storm reserve escrow account 75.0 — — 75.0 Financial transmission rights — — 0.8 0.8 $81.6 $— $0.8 $82.4 Liabilities: Gas hedge contracts $1.5 $— $— $1.5 Entergy Texas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $2.8 $— $— $2.8 Securitization recovery trust account 3.6 — — 3.6 Financial transmission rights — — 1.2 1.2 $6.4 $— $1.2 $7.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $3.0 $— $— $3.0 Securitization recovery trust account 10.9 — — 10.9 Financial transmission rights — — 0.1 0.1 $13.9 $— $0.1 $14.0 System Energy 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $46.2 $— $— $46.2 Decommissioning trust funds (a): Equity securities 2.5 — — 2.5 Debt securities 200.7 268.4 — 469.1 Common trusts (b) 788.7 $249.4 $268.4 $— $1,306.5 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $2.9 $— $— $2.9 Decommissioning trust funds (a): Equity securities 2.8 — — 2.8 Debt securities 197.5 262.2 — 459.7 Common trusts (b) 680.4 $203.2 $262.2 $— $1,145.8 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $4.0 $2.5 $0.2 $0.3 ($0.1) Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (0.9) 15.6 2.6 1.3 4.6 Settlements (4.1) (19.5) (3.0) (1.5) (3.5) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $10.3 $7.3 $0.6 $0.8 $0.1 Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (3.3) 19.6 3.7 1.7 5.1 Settlements (8.0) (28.3) (4.5) (2.4) (4.2) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5
Entergy New Orleans [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2023 is 9 months, for each of Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2023 is 21,084,400 MMBtu for Entergy, including 5,500,000 MMBtu for Entergy Louisiana, 15,305,100 MMBtu for Entergy Mississippi, and 279,300 MMBtu for Entergy New Orleans. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2023, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2023 through May 31, 2024. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy’s non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of June 30, 2023 is 140,203 GWh for Entergy, including 34,517 GWh for Entergy Arkansas, 60,886 GWh for Entergy Louisiana, 17,426 GWh for Entergy Mississippi, 5,439 GWh for Entergy New Orleans, and 21,597 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy’s non-utility operations as of June 30, 2023 and December 31, 2022. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas as of June 30, 2023 and for Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2022. The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheet as of June 30, 2023 and December 31, 2022 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) (In Millions) 2023 Assets: Natural gas swaps and options Prepayments and other $2 $— $ 2 Financial transmission rights Prepayments and other $44 ($4) $ 40 Liabilities: Natural gas swaps and options Other current liabilities $12 $— $ 12 2022 Assets: Natural gas swaps and options Prepayments and other $13 $— $ 13 Natural gas swaps and options Other deferred debits and other assets $3 $— $ 3 Financial transmission rights Prepayments and other $21 ($2) $ 19 Liabilities: Natural gas swaps and options Other current liabilities $25 $— $ 25 (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets (d) Excludes cash collateral in the amount of $8 million posted as of December 31, 2022. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2023 and $3 million posted as of December 31, 2022. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $ 32 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 23 Financial transmission rights Purchased power expense (b) $ 37 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($38) Financial transmission rights Purchased power expense (b) $ 48 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 78 Financial transmission rights Purchased power expense (b) $ 60 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2023 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.1 $— $ 2.1 Entergy Louisiana Financial transmission rights Prepayments and other $19.8 ($0.2) $ 19.6 Entergy Arkansas Financial transmission rights Prepayments and other $16.9 ($0.2) $ 16.7 Entergy Louisiana Financial transmission rights Prepayments and other $2.0 ($0.8) $ 1.2 Entergy Mississippi Financial transmission rights Prepayments and other $1.6 ($0.1) $ 1.5 Entergy New Orleans Financial transmission rights Prepayments and other $3.5 ($2.3) $ 1.2 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $12.6 $— $ 12.6 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $13.1 $— $ 13.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $3.4 $— $ 3.4 Entergy Louisiana Financial transmission rights Prepayments and other $10.3 $— $ 10.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.7 ($0.4) $ 7.3 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $ 0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.8 $— $ 0.8 Entergy New Orleans Financial transmission rights Prepayments and other $1.2 ($1.1) $ 0.1 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $24.0 $— $ 24.0 Entergy Mississippi Natural gas swaps Other current liabilities $1.5 $— $ 1.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2023, letters of credit posted with MISO covered financial transmission rights exposure of $5.9 million for Entergy Arkansas. As of December 31, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $2.4 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.1 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 19.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.5 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 3.5 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 1.0 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($5.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($29.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 8.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 28.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 4.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.2 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.9 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 23.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 25.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.9 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $1,127 $— $— $1,127 Decommissioning trust funds (a): Equity securities 19 — — 19 Debt securities 586 1,121 — 1,707 Common trusts (b) 2,834 Securitization recovery trust account 5 — — 5 Storm reserve escrow accounts 411 — — 411 Gas hedge contracts 2 — — 2 Financial transmission rights — — 40 40 $2,150 $1,121 $40 $6,145 Liabilities: Gas hedge contracts $12 $— $— $12 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $109 $— $— $109 Decommissioning trust funds (a): Equity securities 24 — — 24 Debt securities 534 1,122 — 1,656 Common trusts (b) 2,442 Securitization recovery trust account 13 — — 13 Storm reserve escrow accounts 402 — — 402 Gas hedge contracts 13 3 — 16 Financial transmission rights — — 19 19 $1,095 $1,125 $19 $4,681 Liabilities: Gas hedge contracts $25 $— $— $25 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of April 1, $7 $1 Total gains (losses) for the period Included as a regulatory liability/asset 23 32 Issuances of financial transmission rights 42 16 Settlements (32) (37) Balance as of June 30, $40 $12 The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of January 1, $19 $4 Total gains (losses) for the period Included as a regulatory liability/asset 27 52 Issuances of financial transmission rights 42 16 Settlements (48) (60) Balance as of June 30, $40 $12 The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO. The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. Entergy Arkansas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.9 $— $— $3.9 Decommissioning trust funds (a): Equity securities 1.6 — — 1.6 Debt securities 135.7 349.1 — 484.8 Common trusts (b) 840.2 Financial transmission rights — — 19.6 19.6 $141.2 $349.1 $19.6 $1,350.1 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.4 $— $— $3.4 Decommissioning trust funds (a): Equity securities 4.5 — — 4.5 Debt securities 126.8 343.9 — 470.7 Common trusts (b) 724.7 Financial transmission rights — — 10.3 10.3 $134.7 $343.9 $10.3 $1,213.6 Entergy Louisiana 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $856.8 $— $— $856.8 Decommissioning trust funds (a): Equity securities 14.4 — — 14.4 Debt securities 249.5 503.9 — 753.4 Common trusts (b) 1,205.3 Storm reserve escrow account 300.0 — — 300.0 Gas hedge contracts 2.1 — — 2.1 Financial transmission rights — — 16.7 16.7 $1,422.8 $503.9 $16.7 $3,148.7 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $6.3 $— $— $6.3 Decommissioning trust funds (a): Equity securities 16.8 — — 16.8 Debt securities 209.4 515.7 — 725.1 Common trusts (b) 1,037.2 Storm reserve escrow account 293.4 — — 293.4 Gas hedge contracts 13.1 3.4 — 16.5 Financial transmission rights — — 7.3 7.3 $539.0 $519.1 $7.3 $2,102.6 Entergy Mississippi 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $8.4 $— $— $8.4 Storm reserve escrow account 34.3 — — 34.3 Financial transmission rights — — 1.2 1.2 $42.7 $— $1.2 $43.9 Liabilities: Gas hedge contracts $12.6 $— $— $12.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $17.0 $— $— $17.0 Storm reserve escrow account 33.5 — — 33.5 Financial transmission rights — — 0.6 0.6 $50.5 $— $0.6 $51.1 Liabilities: Gas hedge contracts $24.0 $— $— $24.0 Entergy New Orleans 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $141.3 $— $— $141.3 Securitization recovery trust account 1.7 — — 1.7 Storm reserve escrow account 76.7 — — 76.7 Financial transmission rights — — 1.5 1.5 $219.7 $— $1.5 $221.2 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $4.4 $— $— $4.4 Securitization recovery trust account 2.2 — — 2.2 Storm reserve escrow account 75.0 — — 75.0 Financial transmission rights — — 0.8 0.8 $81.6 $— $0.8 $82.4 Liabilities: Gas hedge contracts $1.5 $— $— $1.5 Entergy Texas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $2.8 $— $— $2.8 Securitization recovery trust account 3.6 — — 3.6 Financial transmission rights — — 1.2 1.2 $6.4 $— $1.2 $7.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $3.0 $— $— $3.0 Securitization recovery trust account 10.9 — — 10.9 Financial transmission rights — — 0.1 0.1 $13.9 $— $0.1 $14.0 System Energy 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $46.2 $— $— $46.2 Decommissioning trust funds (a): Equity securities 2.5 — — 2.5 Debt securities 200.7 268.4 — 469.1 Common trusts (b) 788.7 $249.4 $268.4 $— $1,306.5 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $2.9 $— $— $2.9 Decommissioning trust funds (a): Equity securities 2.8 — — 2.8 Debt securities 197.5 262.2 — 459.7 Common trusts (b) 680.4 $203.2 $262.2 $— $1,145.8 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $4.0 $2.5 $0.2 $0.3 ($0.1) Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (0.9) 15.6 2.6 1.3 4.6 Settlements (4.1) (19.5) (3.0) (1.5) (3.5) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $10.3 $7.3 $0.6 $0.8 $0.1 Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (3.3) 19.6 3.7 1.7 5.1 Settlements (8.0) (28.3) (4.5) (2.4) (4.2) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5
Entergy Texas [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2023 is 9 months, for each of Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2023 is 21,084,400 MMBtu for Entergy, including 5,500,000 MMBtu for Entergy Louisiana, 15,305,100 MMBtu for Entergy Mississippi, and 279,300 MMBtu for Entergy New Orleans. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2023, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2023 through May 31, 2024. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy’s non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of June 30, 2023 is 140,203 GWh for Entergy, including 34,517 GWh for Entergy Arkansas, 60,886 GWh for Entergy Louisiana, 17,426 GWh for Entergy Mississippi, 5,439 GWh for Entergy New Orleans, and 21,597 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy’s non-utility operations as of June 30, 2023 and December 31, 2022. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas as of June 30, 2023 and for Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2022. The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheet as of June 30, 2023 and December 31, 2022 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) (In Millions) 2023 Assets: Natural gas swaps and options Prepayments and other $2 $— $ 2 Financial transmission rights Prepayments and other $44 ($4) $ 40 Liabilities: Natural gas swaps and options Other current liabilities $12 $— $ 12 2022 Assets: Natural gas swaps and options Prepayments and other $13 $— $ 13 Natural gas swaps and options Other deferred debits and other assets $3 $— $ 3 Financial transmission rights Prepayments and other $21 ($2) $ 19 Liabilities: Natural gas swaps and options Other current liabilities $25 $— $ 25 (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets (d) Excludes cash collateral in the amount of $8 million posted as of December 31, 2022. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2023 and $3 million posted as of December 31, 2022. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $ 32 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 23 Financial transmission rights Purchased power expense (b) $ 37 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($38) Financial transmission rights Purchased power expense (b) $ 48 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 78 Financial transmission rights Purchased power expense (b) $ 60 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2023 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.1 $— $ 2.1 Entergy Louisiana Financial transmission rights Prepayments and other $19.8 ($0.2) $ 19.6 Entergy Arkansas Financial transmission rights Prepayments and other $16.9 ($0.2) $ 16.7 Entergy Louisiana Financial transmission rights Prepayments and other $2.0 ($0.8) $ 1.2 Entergy Mississippi Financial transmission rights Prepayments and other $1.6 ($0.1) $ 1.5 Entergy New Orleans Financial transmission rights Prepayments and other $3.5 ($2.3) $ 1.2 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $12.6 $— $ 12.6 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $13.1 $— $ 13.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $3.4 $— $ 3.4 Entergy Louisiana Financial transmission rights Prepayments and other $10.3 $— $ 10.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.7 ($0.4) $ 7.3 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $ 0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.8 $— $ 0.8 Entergy New Orleans Financial transmission rights Prepayments and other $1.2 ($1.1) $ 0.1 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $24.0 $— $ 24.0 Entergy Mississippi Natural gas swaps Other current liabilities $1.5 $— $ 1.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2023, letters of credit posted with MISO covered financial transmission rights exposure of $5.9 million for Entergy Arkansas. As of December 31, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $2.4 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.1 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 19.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.5 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 3.5 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 1.0 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($5.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($29.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 8.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 28.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 4.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.2 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.9 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 23.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 25.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.9 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $1,127 $— $— $1,127 Decommissioning trust funds (a): Equity securities 19 — — 19 Debt securities 586 1,121 — 1,707 Common trusts (b) 2,834 Securitization recovery trust account 5 — — 5 Storm reserve escrow accounts 411 — — 411 Gas hedge contracts 2 — — 2 Financial transmission rights — — 40 40 $2,150 $1,121 $40 $6,145 Liabilities: Gas hedge contracts $12 $— $— $12 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $109 $— $— $109 Decommissioning trust funds (a): Equity securities 24 — — 24 Debt securities 534 1,122 — 1,656 Common trusts (b) 2,442 Securitization recovery trust account 13 — — 13 Storm reserve escrow accounts 402 — — 402 Gas hedge contracts 13 3 — 16 Financial transmission rights — — 19 19 $1,095 $1,125 $19 $4,681 Liabilities: Gas hedge contracts $25 $— $— $25 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of April 1, $7 $1 Total gains (losses) for the period Included as a regulatory liability/asset 23 32 Issuances of financial transmission rights 42 16 Settlements (32) (37) Balance as of June 30, $40 $12 The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of January 1, $19 $4 Total gains (losses) for the period Included as a regulatory liability/asset 27 52 Issuances of financial transmission rights 42 16 Settlements (48) (60) Balance as of June 30, $40 $12 The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO. The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. Entergy Arkansas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.9 $— $— $3.9 Decommissioning trust funds (a): Equity securities 1.6 — — 1.6 Debt securities 135.7 349.1 — 484.8 Common trusts (b) 840.2 Financial transmission rights — — 19.6 19.6 $141.2 $349.1 $19.6 $1,350.1 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.4 $— $— $3.4 Decommissioning trust funds (a): Equity securities 4.5 — — 4.5 Debt securities 126.8 343.9 — 470.7 Common trusts (b) 724.7 Financial transmission rights — — 10.3 10.3 $134.7 $343.9 $10.3 $1,213.6 Entergy Louisiana 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $856.8 $— $— $856.8 Decommissioning trust funds (a): Equity securities 14.4 — — 14.4 Debt securities 249.5 503.9 — 753.4 Common trusts (b) 1,205.3 Storm reserve escrow account 300.0 — — 300.0 Gas hedge contracts 2.1 — — 2.1 Financial transmission rights — — 16.7 16.7 $1,422.8 $503.9 $16.7 $3,148.7 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $6.3 $— $— $6.3 Decommissioning trust funds (a): Equity securities 16.8 — — 16.8 Debt securities 209.4 515.7 — 725.1 Common trusts (b) 1,037.2 Storm reserve escrow account 293.4 — — 293.4 Gas hedge contracts 13.1 3.4 — 16.5 Financial transmission rights — — 7.3 7.3 $539.0 $519.1 $7.3 $2,102.6 Entergy Mississippi 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $8.4 $— $— $8.4 Storm reserve escrow account 34.3 — — 34.3 Financial transmission rights — — 1.2 1.2 $42.7 $— $1.2 $43.9 Liabilities: Gas hedge contracts $12.6 $— $— $12.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $17.0 $— $— $17.0 Storm reserve escrow account 33.5 — — 33.5 Financial transmission rights — — 0.6 0.6 $50.5 $— $0.6 $51.1 Liabilities: Gas hedge contracts $24.0 $— $— $24.0 Entergy New Orleans 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $141.3 $— $— $141.3 Securitization recovery trust account 1.7 — — 1.7 Storm reserve escrow account 76.7 — — 76.7 Financial transmission rights — — 1.5 1.5 $219.7 $— $1.5 $221.2 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $4.4 $— $— $4.4 Securitization recovery trust account 2.2 — — 2.2 Storm reserve escrow account 75.0 — — 75.0 Financial transmission rights — — 0.8 0.8 $81.6 $— $0.8 $82.4 Liabilities: Gas hedge contracts $1.5 $— $— $1.5 Entergy Texas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $2.8 $— $— $2.8 Securitization recovery trust account 3.6 — — 3.6 Financial transmission rights — — 1.2 1.2 $6.4 $— $1.2 $7.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $3.0 $— $— $3.0 Securitization recovery trust account 10.9 — — 10.9 Financial transmission rights — — 0.1 0.1 $13.9 $— $0.1 $14.0 System Energy 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $46.2 $— $— $46.2 Decommissioning trust funds (a): Equity securities 2.5 — — 2.5 Debt securities 200.7 268.4 — 469.1 Common trusts (b) 788.7 $249.4 $268.4 $— $1,306.5 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $2.9 $— $— $2.9 Decommissioning trust funds (a): Equity securities 2.8 — — 2.8 Debt securities 197.5 262.2 — 459.7 Common trusts (b) 680.4 $203.2 $262.2 $— $1,145.8 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $4.0 $2.5 $0.2 $0.3 ($0.1) Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (0.9) 15.6 2.6 1.3 4.6 Settlements (4.1) (19.5) (3.0) (1.5) (3.5) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $10.3 $7.3 $0.6 $0.8 $0.1 Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (3.3) 19.6 3.7 1.7 5.1 Settlements (8.0) (28.3) (4.5) (2.4) (4.2) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5
System Energy [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2023 is 9 months, for each of Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2023 is 21,084,400 MMBtu for Entergy, including 5,500,000 MMBtu for Entergy Louisiana, 15,305,100 MMBtu for Entergy Mississippi, and 279,300 MMBtu for Entergy New Orleans. Credit support for these natural gas swaps and options is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral. During the second quarter 2023, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2023 through May 31, 2024. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by Entergy’s non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of June 30, 2023 is 140,203 GWh for Entergy, including 34,517 GWh for Entergy Arkansas, 60,886 GWh for Entergy Louisiana, 17,426 GWh for Entergy Mississippi, 5,439 GWh for Entergy New Orleans, and 21,597 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy’s non-utility operations as of June 30, 2023 and December 31, 2022. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas as of June 30, 2023 and for Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2022. The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheet as of June 30, 2023 and December 31, 2022 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) (In Millions) 2023 Assets: Natural gas swaps and options Prepayments and other $2 $— $ 2 Financial transmission rights Prepayments and other $44 ($4) $ 40 Liabilities: Natural gas swaps and options Other current liabilities $12 $— $ 12 2022 Assets: Natural gas swaps and options Prepayments and other $13 $— $ 13 Natural gas swaps and options Other deferred debits and other assets $3 $— $ 3 Financial transmission rights Prepayments and other $21 ($2) $ 19 Liabilities: Natural gas swaps and options Other current liabilities $25 $— $ 25 (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets (d) Excludes cash collateral in the amount of $8 million posted as of December 31, 2022. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2023 and $3 million posted as of December 31, 2022. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $ 32 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 23 Financial transmission rights Purchased power expense (b) $ 37 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($38) Financial transmission rights Purchased power expense (b) $ 48 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 78 Financial transmission rights Purchased power expense (b) $ 60 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2023 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.1 $— $ 2.1 Entergy Louisiana Financial transmission rights Prepayments and other $19.8 ($0.2) $ 19.6 Entergy Arkansas Financial transmission rights Prepayments and other $16.9 ($0.2) $ 16.7 Entergy Louisiana Financial transmission rights Prepayments and other $2.0 ($0.8) $ 1.2 Entergy Mississippi Financial transmission rights Prepayments and other $1.6 ($0.1) $ 1.5 Entergy New Orleans Financial transmission rights Prepayments and other $3.5 ($2.3) $ 1.2 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $12.6 $— $ 12.6 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $13.1 $— $ 13.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $3.4 $— $ 3.4 Entergy Louisiana Financial transmission rights Prepayments and other $10.3 $— $ 10.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.7 ($0.4) $ 7.3 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $ 0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.8 $— $ 0.8 Entergy New Orleans Financial transmission rights Prepayments and other $1.2 ($1.1) $ 0.1 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $24.0 $— $ 24.0 Entergy Mississippi Natural gas swaps Other current liabilities $1.5 $— $ 1.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2023, letters of credit posted with MISO covered financial transmission rights exposure of $5.9 million for Entergy Arkansas. As of December 31, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $2.4 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.1 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 19.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.5 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 3.5 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 1.0 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($5.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($29.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 8.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 28.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 4.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.2 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.9 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 23.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 25.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.9 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Accounting group reports to the Chief Accounting Officer. The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $1,127 $— $— $1,127 Decommissioning trust funds (a): Equity securities 19 — — 19 Debt securities 586 1,121 — 1,707 Common trusts (b) 2,834 Securitization recovery trust account 5 — — 5 Storm reserve escrow accounts 411 — — 411 Gas hedge contracts 2 — — 2 Financial transmission rights — — 40 40 $2,150 $1,121 $40 $6,145 Liabilities: Gas hedge contracts $12 $— $— $12 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $109 $— $— $109 Decommissioning trust funds (a): Equity securities 24 — — 24 Debt securities 534 1,122 — 1,656 Common trusts (b) 2,442 Securitization recovery trust account 13 — — 13 Storm reserve escrow accounts 402 — — 402 Gas hedge contracts 13 3 — 16 Financial transmission rights — — 19 19 $1,095 $1,125 $19 $4,681 Liabilities: Gas hedge contracts $25 $— $— $25 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of April 1, $7 $1 Total gains (losses) for the period Included as a regulatory liability/asset 23 32 Issuances of financial transmission rights 42 16 Settlements (32) (37) Balance as of June 30, $40 $12 The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of January 1, $19 $4 Total gains (losses) for the period Included as a regulatory liability/asset 27 52 Issuances of financial transmission rights 42 16 Settlements (48) (60) Balance as of June 30, $40 $12 The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO. The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. Entergy Arkansas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.9 $— $— $3.9 Decommissioning trust funds (a): Equity securities 1.6 — — 1.6 Debt securities 135.7 349.1 — 484.8 Common trusts (b) 840.2 Financial transmission rights — — 19.6 19.6 $141.2 $349.1 $19.6 $1,350.1 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.4 $— $— $3.4 Decommissioning trust funds (a): Equity securities 4.5 — — 4.5 Debt securities 126.8 343.9 — 470.7 Common trusts (b) 724.7 Financial transmission rights — — 10.3 10.3 $134.7 $343.9 $10.3 $1,213.6 Entergy Louisiana 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $856.8 $— $— $856.8 Decommissioning trust funds (a): Equity securities 14.4 — — 14.4 Debt securities 249.5 503.9 — 753.4 Common trusts (b) 1,205.3 Storm reserve escrow account 300.0 — — 300.0 Gas hedge contracts 2.1 — — 2.1 Financial transmission rights — — 16.7 16.7 $1,422.8 $503.9 $16.7 $3,148.7 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $6.3 $— $— $6.3 Decommissioning trust funds (a): Equity securities 16.8 — — 16.8 Debt securities 209.4 515.7 — 725.1 Common trusts (b) 1,037.2 Storm reserve escrow account 293.4 — — 293.4 Gas hedge contracts 13.1 3.4 — 16.5 Financial transmission rights — — 7.3 7.3 $539.0 $519.1 $7.3 $2,102.6 Entergy Mississippi 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $8.4 $— $— $8.4 Storm reserve escrow account 34.3 — — 34.3 Financial transmission rights — — 1.2 1.2 $42.7 $— $1.2 $43.9 Liabilities: Gas hedge contracts $12.6 $— $— $12.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $17.0 $— $— $17.0 Storm reserve escrow account 33.5 — — 33.5 Financial transmission rights — — 0.6 0.6 $50.5 $— $0.6 $51.1 Liabilities: Gas hedge contracts $24.0 $— $— $24.0 Entergy New Orleans 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $141.3 $— $— $141.3 Securitization recovery trust account 1.7 — — 1.7 Storm reserve escrow account 76.7 — — 76.7 Financial transmission rights — — 1.5 1.5 $219.7 $— $1.5 $221.2 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $4.4 $— $— $4.4 Securitization recovery trust account 2.2 — — 2.2 Storm reserve escrow account 75.0 — — 75.0 Financial transmission rights — — 0.8 0.8 $81.6 $— $0.8 $82.4 Liabilities: Gas hedge contracts $1.5 $— $— $1.5 Entergy Texas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $2.8 $— $— $2.8 Securitization recovery trust account 3.6 — — 3.6 Financial transmission rights — — 1.2 1.2 $6.4 $— $1.2 $7.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $3.0 $— $— $3.0 Securitization recovery trust account 10.9 — — 10.9 Financial transmission rights — — 0.1 0.1 $13.9 $— $0.1 $14.0 System Energy 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $46.2 $— $— $46.2 Decommissioning trust funds (a): Equity securities 2.5 — — 2.5 Debt securities 200.7 268.4 — 469.1 Common trusts (b) 788.7 $249.4 $268.4 $— $1,306.5 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $2.9 $— $— $2.9 Decommissioning trust funds (a): Equity securities 2.8 — — 2.8 Debt securities 197.5 262.2 — 459.7 Common trusts (b) 680.4 $203.2 $262.2 $— $1,145.8 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date. The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $4.0 $2.5 $0.2 $0.3 ($0.1) Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (0.9) 15.6 2.6 1.3 4.6 Settlements (4.1) (19.5) (3.0) (1.5) (3.5) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $10.3 $7.3 $0.6 $0.8 $0.1 Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (3.3) 19.6 3.7 1.7 5.1 Settlements (8.0) (28.3) (4.5) (2.4) (4.2) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5

Decommissioning Trust Funds

Decommissioning Trust Funds	6 Months Ended
	Jun. 30, 2023
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, and Grand Gulf. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, the Registrant Subsidiaries have recorded an offsetting amount of unrealized gains/(losses) on investment securities in other regulatory liabilities/assets. For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other deferred credits for the unrealized trust earnings not currently expected to be needed to decommission the plant. Decommissioning trust funds for the Palisades non-utility nuclear plant did not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds were recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities. As discussed in Note 14 to the financial statements in the Form 10-K, in June 2022, Entergy completed the sale of Palisades to Holtec. As part of the transaction, Entergy transferred the Palisades decommissioning trust fund to Holtec. The disposition-date fair value of the decommissioning trust fund was approximately $552 million. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $211 million and $372 million, respectively. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $1,707 $5 $172 2022 Debt Securities $1,655 $4 $201 As of June 30, 2023 and December 31, 2022, there were no deferred taxes on unrealized gains/(losses). The amortized cost of available-for-sale debt securities was $1,874 million as of June 30, 2023 and $1,852 million as of December 31, 2022. As of June 30, 2023, available-for-sale debt securities had an average coupon rate of approximately 3.15%, an average duration of approximately 6.38 years, and an average maturity of approximately 10.81 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $583 $21 $840 $63 More than 12 months 922 151 666 138 Total $1,505 $172 $1,506 $201 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $106 $62 1 year - 5 years 490 520 5 years - 10 years 481 461 10 years - 15 years 116 117 15 years - 20 years 156 161 20 years+ 358 334 Total $1,707 $1,655 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $136 million and $333 million, respectively. During the three months ended June 30, 2023, there were no gross gains and $8 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $1 million and gross losses of $16 million reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $260 million and $636 million, respectively. During the six months ended June 30, 2023, there were $1 million in gross gains and $17 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $2 million and gross losses of $28 million reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. Entergy Arkansas Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $484.8 $0.4 $62.4 2022 Debt Securities $470.7 $0.2 $69.3 The amortized cost of available-for-sale debt securities was $546.8 million as of June 30, 2023 and $539.8 million as of December 31, 2022. As of June 30, 2023, the available-for-sale debt securities had an average coupon rate of approximately 2.46%, an average duration of approximately 5.94 years, and an average maturity of approximately 7.43 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $62.1 million and $109.4 million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $75.0 $2.2 $197.6 $18.8 More than 12 months 379.7 60.2 260.1 50.5 Total $454.7 $62.4 $457.7 $69.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $38.9 $21.2 1 year - 5 years 146.7 159.7 5 years - 10 years 194.7 191.7 10 years - 15 years 42.1 38.0 15 years - 20 years 42.1 42.6 20 years+ 20.3 17.5 Total $484.8 $470.7 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $0.9 million and $8.8 million, respectively. During the three months ended June 30, 2023, there were no gross gains and $0.1 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $0.03 million and gross losses of $0.3 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $16.6 million and $15.9 million, respectively. During the six months ended June 30, 2023, there were no gross gains and $1.7 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $0.06 million and gross losses of $0.5 million reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $753.4 $3.4 $54.1 2022 Debt Securities $725.1 $3.5 $67.5 The amortized cost of available-for-sale debt securities was $804 million as of June 30, 2023 and $789.1 million as of December 31, 2022. As of June 30, 2023, the available-for-sale debt securities had an average coupon rate of approximately 3.69%, an average duration of approximately 6.54 years, and an average maturity of approximately 13.10 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $90.3 million and $159.6 million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $312.5 $9.5 $409.9 $24.6 More than 12 months 302.5 44.6 207.5 42.9 Total $615.0 $54.1 $617.4 $67.5 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $45.6 $33.6 1 year - 5 years 153.3 159.1 5 years - 10 years 170.0 161.7 10 years - 15 years 68.9 67.1 15 years - 20 years 77.2 83.3 20 years+ 238.4 220.3 Total $753.4 $725.1 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale securities amounted to $65.2 million and $120.3 million, respectively. During the three months ended June 30, 2023, there were gross gains of $0.1 million and gross losses of $4 million reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $0.2 million, and gross losses of $6.7 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $132.6 million and $240.9 million, respectively. During the six months ended June 30, 2023, there were gross gains of $0.5 million and gross losses of $9 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $1.1 million, and gross losses of $12.2 million reclassified out of other regulatory liabilities/assets into earnings. System Energy System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $469.1 $0.8 $55.1 2022 Debt Securities $459.7 $0.7 $63.7 The amortized cost of available-for-sale debt securities was $523.4 million as of June 30, 2023 and $522.7 million as of December 31, 2022. As of June 30, 2023, the available-for-sale debt securities had an average coupon rate of approximately 2.97%, an average duration of approximately 6.56 years, and an average maturity of approximately 10.58 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $58.4 million and $102.8 million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $195.8 $9.5 $231.9 $19.2 More than 12 months 239.4 45.6 198.0 44.5 Total $435.2 $55.1 $429.9 $63.7 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $21.0 $6.8 1 year - 5 years 190.1 201.7 5 years - 10 years 115.8 107.1 10 years - 15 years 4.8 11.7 15 years - 20 years 36.3 35.0 20 years+ 101.1 97.4 Total $469.1 $459.7 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $69.9 million and $67.8 million, respectively. During the three months ended June 30, 2023, there were no gross gains and $4.1 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $0.1 million and gross losses of $4.6 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $111.2 million and $104 million, respectively. During the six months ended June 30, 2023, there were no gross gains and $6.3 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $0.2 million and gross losses of $5.3 million reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy estimates the expected credit losses for its available-for-sale securities based on the current credit rating and remaining life of the securities. To the extent an individual security is determined to be uncollectible, it is written off against this allowance. Entergy’s available-for-sale securities are held in trusts managed by third parties who operate in accordance with agreements that define investment guidelines and place restrictions on the purchases and sales of investments. Specifically, available-for-sale securities are subject to credit worthiness restrictions, with requirements for both the average credit rating of the portfolio and minimum credit ratings for individual debt securities. Entergy did not have an allowance for expected credit losses related to available-for-sale securities as of June 30, 2023 and December 31, 2022. Entergy did not record any impairments of available-for-sale debt securities for the three and six months ended June 30, 2023. Entergy did not record any impairments of available-for-sale debt securities for the three months ended June 30, 2022. Entergy recorded $1.5 million in impairments of available-for-sale debt securities for the six months ended June 30, 2022.
Entergy Arkansas [Member]
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, and Grand Gulf. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, the Registrant Subsidiaries have recorded an offsetting amount of unrealized gains/(losses) on investment securities in other regulatory liabilities/assets. For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other deferred credits for the unrealized trust earnings not currently expected to be needed to decommission the plant. Decommissioning trust funds for the Palisades non-utility nuclear plant did not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds were recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities. As discussed in Note 14 to the financial statements in the Form 10-K, in June 2022, Entergy completed the sale of Palisades to Holtec. As part of the transaction, Entergy transferred the Palisades decommissioning trust fund to Holtec. The disposition-date fair value of the decommissioning trust fund was approximately $552 million. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $211 million and $372 million, respectively. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $1,707 $5 $172 2022 Debt Securities $1,655 $4 $201 As of June 30, 2023 and December 31, 2022, there were no deferred taxes on unrealized gains/(losses). The amortized cost of available-for-sale debt securities was $1,874 million as of June 30, 2023 and $1,852 million as of December 31, 2022. As of June 30, 2023, available-for-sale debt securities had an average coupon rate of approximately 3.15%, an average duration of approximately 6.38 years, and an average maturity of approximately 10.81 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $583 $21 $840 $63 More than 12 months 922 151 666 138 Total $1,505 $172 $1,506 $201 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $106 $62 1 year - 5 years 490 520 5 years - 10 years 481 461 10 years - 15 years 116 117 15 years - 20 years 156 161 20 years+ 358 334 Total $1,707 $1,655 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $136 million and $333 million, respectively. During the three months ended June 30, 2023, there were no gross gains and $8 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $1 million and gross losses of $16 million reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $260 million and $636 million, respectively. During the six months ended June 30, 2023, there were $1 million in gross gains and $17 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $2 million and gross losses of $28 million reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. Entergy Arkansas Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $484.8 $0.4 $62.4 2022 Debt Securities $470.7 $0.2 $69.3 The amortized cost of available-for-sale debt securities was $546.8 million as of June 30, 2023 and $539.8 million as of December 31, 2022. As of June 30, 2023, the available-for-sale debt securities had an average coupon rate of approximately 2.46%, an average duration of approximately 5.94 years, and an average maturity of approximately 7.43 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $62.1 million and $109.4 million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $75.0 $2.2 $197.6 $18.8 More than 12 months 379.7 60.2 260.1 50.5 Total $454.7 $62.4 $457.7 $69.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $38.9 $21.2 1 year - 5 years 146.7 159.7 5 years - 10 years 194.7 191.7 10 years - 15 years 42.1 38.0 15 years - 20 years 42.1 42.6 20 years+ 20.3 17.5 Total $484.8 $470.7 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $0.9 million and $8.8 million, respectively. During the three months ended June 30, 2023, there were no gross gains and $0.1 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $0.03 million and gross losses of $0.3 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $16.6 million and $15.9 million, respectively. During the six months ended June 30, 2023, there were no gross gains and $1.7 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $0.06 million and gross losses of $0.5 million reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $753.4 $3.4 $54.1 2022 Debt Securities $725.1 $3.5 $67.5 The amortized cost of available-for-sale debt securities was $804 million as of June 30, 2023 and $789.1 million as of December 31, 2022. As of June 30, 2023, the available-for-sale debt securities had an average coupon rate of approximately 3.69%, an average duration of approximately 6.54 years, and an average maturity of approximately 13.10 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $90.3 million and $159.6 million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $312.5 $9.5 $409.9 $24.6 More than 12 months 302.5 44.6 207.5 42.9 Total $615.0 $54.1 $617.4 $67.5 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $45.6 $33.6 1 year - 5 years 153.3 159.1 5 years - 10 years 170.0 161.7 10 years - 15 years 68.9 67.1 15 years - 20 years 77.2 83.3 20 years+ 238.4 220.3 Total $753.4 $725.1 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale securities amounted to $65.2 million and $120.3 million, respectively. During the three months ended June 30, 2023, there were gross gains of $0.1 million and gross losses of $4 million reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $0.2 million, and gross losses of $6.7 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $132.6 million and $240.9 million, respectively. During the six months ended June 30, 2023, there were gross gains of $0.5 million and gross losses of $9 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $1.1 million, and gross losses of $12.2 million reclassified out of other regulatory liabilities/assets into earnings. System Energy System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $469.1 $0.8 $55.1 2022 Debt Securities $459.7 $0.7 $63.7 The amortized cost of available-for-sale debt securities was $523.4 million as of June 30, 2023 and $522.7 million as of December 31, 2022. As of June 30, 2023, the available-for-sale debt securities had an average coupon rate of approximately 2.97%, an average duration of approximately 6.56 years, and an average maturity of approximately 10.58 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $58.4 million and $102.8 million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $195.8 $9.5 $231.9 $19.2 More than 12 months 239.4 45.6 198.0 44.5 Total $435.2 $55.1 $429.9 $63.7 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $21.0 $6.8 1 year - 5 years 190.1 201.7 5 years - 10 years 115.8 107.1 10 years - 15 years 4.8 11.7 15 years - 20 years 36.3 35.0 20 years+ 101.1 97.4 Total $469.1 $459.7 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $69.9 million and $67.8 million, respectively. During the three months ended June 30, 2023, there were no gross gains and $4.1 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $0.1 million and gross losses of $4.6 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $111.2 million and $104 million, respectively. During the six months ended June 30, 2023, there were no gross gains and $6.3 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $0.2 million and gross losses of $5.3 million reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy estimates the expected credit losses for its available-for-sale securities based on the current credit rating and remaining life of the securities. To the extent an individual security is determined to be uncollectible, it is written off against this allowance. Entergy’s available-for-sale securities are held in trusts managed by third parties who operate in accordance with agreements that define investment guidelines and place restrictions on the purchases and sales of investments. Specifically, available-for-sale securities are subject to credit worthiness restrictions, with requirements for both the average credit rating of the portfolio and minimum credit ratings for individual debt securities. Entergy did not have an allowance for expected credit losses related to available-for-sale securities as of June 30, 2023 and December 31, 2022. Entergy did not record any impairments of available-for-sale debt securities for the three and six months ended June 30, 2023. Entergy did not record any impairments of available-for-sale debt securities for the three months ended June 30, 2022. Entergy recorded $1.5 million in impairments of available-for-sale debt securities for the six months ended June 30, 2022.
Entergy Louisiana [Member]
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, and Grand Gulf. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, the Registrant Subsidiaries have recorded an offsetting amount of unrealized gains/(losses) on investment securities in other regulatory liabilities/assets. For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other deferred credits for the unrealized trust earnings not currently expected to be needed to decommission the plant. Decommissioning trust funds for the Palisades non-utility nuclear plant did not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds were recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities. As discussed in Note 14 to the financial statements in the Form 10-K, in June 2022, Entergy completed the sale of Palisades to Holtec. As part of the transaction, Entergy transferred the Palisades decommissioning trust fund to Holtec. The disposition-date fair value of the decommissioning trust fund was approximately $552 million. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $211 million and $372 million, respectively. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $1,707 $5 $172 2022 Debt Securities $1,655 $4 $201 As of June 30, 2023 and December 31, 2022, there were no deferred taxes on unrealized gains/(losses). The amortized cost of available-for-sale debt securities was $1,874 million as of June 30, 2023 and $1,852 million as of December 31, 2022. As of June 30, 2023, available-for-sale debt securities had an average coupon rate of approximately 3.15%, an average duration of approximately 6.38 years, and an average maturity of approximately 10.81 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $583 $21 $840 $63 More than 12 months 922 151 666 138 Total $1,505 $172 $1,506 $201 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $106 $62 1 year - 5 years 490 520 5 years - 10 years 481 461 10 years - 15 years 116 117 15 years - 20 years 156 161 20 years+ 358 334 Total $1,707 $1,655 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $136 million and $333 million, respectively. During the three months ended June 30, 2023, there were no gross gains and $8 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $1 million and gross losses of $16 million reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $260 million and $636 million, respectively. During the six months ended June 30, 2023, there were $1 million in gross gains and $17 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $2 million and gross losses of $28 million reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. Entergy Arkansas Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $484.8 $0.4 $62.4 2022 Debt Securities $470.7 $0.2 $69.3 The amortized cost of available-for-sale debt securities was $546.8 million as of June 30, 2023 and $539.8 million as of December 31, 2022. As of June 30, 2023, the available-for-sale debt securities had an average coupon rate of approximately 2.46%, an average duration of approximately 5.94 years, and an average maturity of approximately 7.43 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $62.1 million and $109.4 million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $75.0 $2.2 $197.6 $18.8 More than 12 months 379.7 60.2 260.1 50.5 Total $454.7 $62.4 $457.7 $69.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $38.9 $21.2 1 year - 5 years 146.7 159.7 5 years - 10 years 194.7 191.7 10 years - 15 years 42.1 38.0 15 years - 20 years 42.1 42.6 20 years+ 20.3 17.5 Total $484.8 $470.7 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $0.9 million and $8.8 million, respectively. During the three months ended June 30, 2023, there were no gross gains and $0.1 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $0.03 million and gross losses of $0.3 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $16.6 million and $15.9 million, respectively. During the six months ended June 30, 2023, there were no gross gains and $1.7 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $0.06 million and gross losses of $0.5 million reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $753.4 $3.4 $54.1 2022 Debt Securities $725.1 $3.5 $67.5 The amortized cost of available-for-sale debt securities was $804 million as of June 30, 2023 and $789.1 million as of December 31, 2022. As of June 30, 2023, the available-for-sale debt securities had an average coupon rate of approximately 3.69%, an average duration of approximately 6.54 years, and an average maturity of approximately 13.10 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $90.3 million and $159.6 million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $312.5 $9.5 $409.9 $24.6 More than 12 months 302.5 44.6 207.5 42.9 Total $615.0 $54.1 $617.4 $67.5 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $45.6 $33.6 1 year - 5 years 153.3 159.1 5 years - 10 years 170.0 161.7 10 years - 15 years 68.9 67.1 15 years - 20 years 77.2 83.3 20 years+ 238.4 220.3 Total $753.4 $725.1 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale securities amounted to $65.2 million and $120.3 million, respectively. During the three months ended June 30, 2023, there were gross gains of $0.1 million and gross losses of $4 million reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $0.2 million, and gross losses of $6.7 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $132.6 million and $240.9 million, respectively. During the six months ended June 30, 2023, there were gross gains of $0.5 million and gross losses of $9 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $1.1 million, and gross losses of $12.2 million reclassified out of other regulatory liabilities/assets into earnings. System Energy System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $469.1 $0.8 $55.1 2022 Debt Securities $459.7 $0.7 $63.7 The amortized cost of available-for-sale debt securities was $523.4 million as of June 30, 2023 and $522.7 million as of December 31, 2022. As of June 30, 2023, the available-for-sale debt securities had an average coupon rate of approximately 2.97%, an average duration of approximately 6.56 years, and an average maturity of approximately 10.58 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $58.4 million and $102.8 million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $195.8 $9.5 $231.9 $19.2 More than 12 months 239.4 45.6 198.0 44.5 Total $435.2 $55.1 $429.9 $63.7 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $21.0 $6.8 1 year - 5 years 190.1 201.7 5 years - 10 years 115.8 107.1 10 years - 15 years 4.8 11.7 15 years - 20 years 36.3 35.0 20 years+ 101.1 97.4 Total $469.1 $459.7 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $69.9 million and $67.8 million, respectively. During the three months ended June 30, 2023, there were no gross gains and $4.1 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $0.1 million and gross losses of $4.6 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $111.2 million and $104 million, respectively. During the six months ended June 30, 2023, there were no gross gains and $6.3 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $0.2 million and gross losses of $5.3 million reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy estimates the expected credit losses for its available-for-sale securities based on the current credit rating and remaining life of the securities. To the extent an individual security is determined to be uncollectible, it is written off against this allowance. Entergy’s available-for-sale securities are held in trusts managed by third parties who operate in accordance with agreements that define investment guidelines and place restrictions on the purchases and sales of investments. Specifically, available-for-sale securities are subject to credit worthiness restrictions, with requirements for both the average credit rating of the portfolio and minimum credit ratings for individual debt securities. Entergy did not have an allowance for expected credit losses related to available-for-sale securities as of June 30, 2023 and December 31, 2022. Entergy did not record any impairments of available-for-sale debt securities for the three and six months ended June 30, 2023. Entergy did not record any impairments of available-for-sale debt securities for the three months ended June 30, 2022. Entergy recorded $1.5 million in impairments of available-for-sale debt securities for the six months ended June 30, 2022.
System Energy [Member]
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, and Grand Gulf. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, the Registrant Subsidiaries have recorded an offsetting amount of unrealized gains/(losses) on investment securities in other regulatory liabilities/assets. For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other deferred credits for the unrealized trust earnings not currently expected to be needed to decommission the plant. Decommissioning trust funds for the Palisades non-utility nuclear plant did not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds were recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities. As discussed in Note 14 to the financial statements in the Form 10-K, in June 2022, Entergy completed the sale of Palisades to Holtec. As part of the transaction, Entergy transferred the Palisades decommissioning trust fund to Holtec. The disposition-date fair value of the decommissioning trust fund was approximately $552 million. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $211 million and $372 million, respectively. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $1,707 $5 $172 2022 Debt Securities $1,655 $4 $201 As of June 30, 2023 and December 31, 2022, there were no deferred taxes on unrealized gains/(losses). The amortized cost of available-for-sale debt securities was $1,874 million as of June 30, 2023 and $1,852 million as of December 31, 2022. As of June 30, 2023, available-for-sale debt securities had an average coupon rate of approximately 3.15%, an average duration of approximately 6.38 years, and an average maturity of approximately 10.81 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $583 $21 $840 $63 More than 12 months 922 151 666 138 Total $1,505 $172 $1,506 $201 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $106 $62 1 year - 5 years 490 520 5 years - 10 years 481 461 10 years - 15 years 116 117 15 years - 20 years 156 161 20 years+ 358 334 Total $1,707 $1,655 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $136 million and $333 million, respectively. During the three months ended June 30, 2023, there were no gross gains and $8 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $1 million and gross losses of $16 million reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $260 million and $636 million, respectively. During the six months ended June 30, 2023, there were $1 million in gross gains and $17 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $2 million and gross losses of $28 million reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. Entergy Arkansas Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $484.8 $0.4 $62.4 2022 Debt Securities $470.7 $0.2 $69.3 The amortized cost of available-for-sale debt securities was $546.8 million as of June 30, 2023 and $539.8 million as of December 31, 2022. As of June 30, 2023, the available-for-sale debt securities had an average coupon rate of approximately 2.46%, an average duration of approximately 5.94 years, and an average maturity of approximately 7.43 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $62.1 million and $109.4 million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $75.0 $2.2 $197.6 $18.8 More than 12 months 379.7 60.2 260.1 50.5 Total $454.7 $62.4 $457.7 $69.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $38.9 $21.2 1 year - 5 years 146.7 159.7 5 years - 10 years 194.7 191.7 10 years - 15 years 42.1 38.0 15 years - 20 years 42.1 42.6 20 years+ 20.3 17.5 Total $484.8 $470.7 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $0.9 million and $8.8 million, respectively. During the three months ended June 30, 2023, there were no gross gains and $0.1 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $0.03 million and gross losses of $0.3 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $16.6 million and $15.9 million, respectively. During the six months ended June 30, 2023, there were no gross gains and $1.7 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $0.06 million and gross losses of $0.5 million reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $753.4 $3.4 $54.1 2022 Debt Securities $725.1 $3.5 $67.5 The amortized cost of available-for-sale debt securities was $804 million as of June 30, 2023 and $789.1 million as of December 31, 2022. As of June 30, 2023, the available-for-sale debt securities had an average coupon rate of approximately 3.69%, an average duration of approximately 6.54 years, and an average maturity of approximately 13.10 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $90.3 million and $159.6 million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $312.5 $9.5 $409.9 $24.6 More than 12 months 302.5 44.6 207.5 42.9 Total $615.0 $54.1 $617.4 $67.5 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $45.6 $33.6 1 year - 5 years 153.3 159.1 5 years - 10 years 170.0 161.7 10 years - 15 years 68.9 67.1 15 years - 20 years 77.2 83.3 20 years+ 238.4 220.3 Total $753.4 $725.1 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale securities amounted to $65.2 million and $120.3 million, respectively. During the three months ended June 30, 2023, there were gross gains of $0.1 million and gross losses of $4 million reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $0.2 million, and gross losses of $6.7 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $132.6 million and $240.9 million, respectively. During the six months ended June 30, 2023, there were gross gains of $0.5 million and gross losses of $9 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $1.1 million, and gross losses of $12.2 million reclassified out of other regulatory liabilities/assets into earnings. System Energy System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $469.1 $0.8 $55.1 2022 Debt Securities $459.7 $0.7 $63.7 The amortized cost of available-for-sale debt securities was $523.4 million as of June 30, 2023 and $522.7 million as of December 31, 2022. As of June 30, 2023, the available-for-sale debt securities had an average coupon rate of approximately 2.97%, an average duration of approximately 6.56 years, and an average maturity of approximately 10.58 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2023 on equity securities still held as of June 30, 2023 were $58.4 million and $102.8 million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $195.8 $9.5 $231.9 $19.2 More than 12 months 239.4 45.6 198.0 44.5 Total $435.2 $55.1 $429.9 $63.7 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $21.0 $6.8 1 year - 5 years 190.1 201.7 5 years - 10 years 115.8 107.1 10 years - 15 years 4.8 11.7 15 years - 20 years 36.3 35.0 20 years+ 101.1 97.4 Total $469.1 $459.7 During the three months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $69.9 million and $67.8 million, respectively. During the three months ended June 30, 2023, there were no gross gains and $4.1 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the three months ended June 30, 2022, there were gross gains of $0.1 million and gross losses of $4.6 million reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2023 and 2022, proceeds from the dispositions of available-for-sale debt securities amounted to $111.2 million and $104 million, respectively. During the six months ended June 30, 2023, there were no gross gains and $6.3 million in gross losses reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022, there were gross gains of $0.2 million and gross losses of $5.3 million reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy estimates the expected credit losses for its available-for-sale securities based on the current credit rating and remaining life of the securities. To the extent an individual security is determined to be uncollectible, it is written off against this allowance. Entergy’s available-for-sale securities are held in trusts managed by third parties who operate in accordance with agreements that define investment guidelines and place restrictions on the purchases and sales of investments. Specifically, available-for-sale securities are subject to credit worthiness restrictions, with requirements for both the average credit rating of the portfolio and minimum credit ratings for individual debt securities. Entergy did not have an allowance for expected credit losses related to available-for-sale securities as of June 30, 2023 and December 31, 2022. Entergy did not record any impairments of available-for-sale debt securities for the three and six months ended June 30, 2023. Entergy did not record any impairments of available-for-sale debt securities for the three months ended June 30, 2022. Entergy recorded $1.5 million in impairments of available-for-sale debt securities for the six months ended June 30, 2022.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2023
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, the Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory authorities. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting affects the effective tax rate for the period as compared to the statutory tax rate. There was no return of unprotected excess accumulated deferred income taxes for Entergy or the Registrant Subsidiaries for the three months ended June 30, 2023 or for the six months ended June 30, 2023. For the three months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $16 million for Entergy, including $9 million for Entergy Louisiana and $7 million for Entergy Texas. For the six months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $33 million for Entergy, including $18 million for Entergy Louisiana, $1 million for Entergy New Orleans, and $14 million for Entergy Texas. Other Tax Matters Act 293 Securitization As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana Legislature’s Regular Session of 2021 in the first quarter 2023. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust II will make distributions to Entergy Louisiana, a beneficiary of the storm trust II, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $133 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $129 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded in first quarter 2023 a $103 million ($76 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with its customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana March 2023 storm cost securitization. Arkansas Corporate Income Tax Rate Change In April 2023, Arkansas Act 532 reduced the Arkansas corporate income tax rate from 5.3% to 5.1%. As a result of the rate reduction, Entergy Arkansas accrued a regulatory liability for income taxes of approximately $8 million in the second quarter of 2023 including a gross-up for the treatment of income taxes in Entergy Arkansas’s retail and wholesale ratemaking formulas.
Entergy Arkansas [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, the Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory authorities. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting affects the effective tax rate for the period as compared to the statutory tax rate. There was no return of unprotected excess accumulated deferred income taxes for Entergy or the Registrant Subsidiaries for the three months ended June 30, 2023 or for the six months ended June 30, 2023. For the three months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $16 million for Entergy, including $9 million for Entergy Louisiana and $7 million for Entergy Texas. For the six months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $33 million for Entergy, including $18 million for Entergy Louisiana, $1 million for Entergy New Orleans, and $14 million for Entergy Texas. Other Tax Matters Act 293 Securitization As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana Legislature’s Regular Session of 2021 in the first quarter 2023. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust II will make distributions to Entergy Louisiana, a beneficiary of the storm trust II, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $133 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $129 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded in first quarter 2023 a $103 million ($76 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with its customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana March 2023 storm cost securitization. Arkansas Corporate Income Tax Rate Change In April 2023, Arkansas Act 532 reduced the Arkansas corporate income tax rate from 5.3% to 5.1%. As a result of the rate reduction, Entergy Arkansas accrued a regulatory liability for income taxes of approximately $8 million in the second quarter of 2023 including a gross-up for the treatment of income taxes in Entergy Arkansas’s retail and wholesale ratemaking formulas.
Entergy Louisiana [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, the Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory authorities. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting affects the effective tax rate for the period as compared to the statutory tax rate. There was no return of unprotected excess accumulated deferred income taxes for Entergy or the Registrant Subsidiaries for the three months ended June 30, 2023 or for the six months ended June 30, 2023. For the three months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $16 million for Entergy, including $9 million for Entergy Louisiana and $7 million for Entergy Texas. For the six months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $33 million for Entergy, including $18 million for Entergy Louisiana, $1 million for Entergy New Orleans, and $14 million for Entergy Texas. Other Tax Matters Act 293 Securitization As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana Legislature’s Regular Session of 2021 in the first quarter 2023. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust II will make distributions to Entergy Louisiana, a beneficiary of the storm trust II, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $133 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $129 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded in first quarter 2023 a $103 million ($76 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with its customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana March 2023 storm cost securitization. Arkansas Corporate Income Tax Rate Change In April 2023, Arkansas Act 532 reduced the Arkansas corporate income tax rate from 5.3% to 5.1%. As a result of the rate reduction, Entergy Arkansas accrued a regulatory liability for income taxes of approximately $8 million in the second quarter of 2023 including a gross-up for the treatment of income taxes in Entergy Arkansas’s retail and wholesale ratemaking formulas.
Entergy Mississippi [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, the Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory authorities. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting affects the effective tax rate for the period as compared to the statutory tax rate. There was no return of unprotected excess accumulated deferred income taxes for Entergy or the Registrant Subsidiaries for the three months ended June 30, 2023 or for the six months ended June 30, 2023. For the three months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $16 million for Entergy, including $9 million for Entergy Louisiana and $7 million for Entergy Texas. For the six months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $33 million for Entergy, including $18 million for Entergy Louisiana, $1 million for Entergy New Orleans, and $14 million for Entergy Texas. Other Tax Matters Act 293 Securitization As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana Legislature’s Regular Session of 2021 in the first quarter 2023. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust II will make distributions to Entergy Louisiana, a beneficiary of the storm trust II, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $133 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $129 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded in first quarter 2023 a $103 million ($76 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with its customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana March 2023 storm cost securitization. Arkansas Corporate Income Tax Rate Change In April 2023, Arkansas Act 532 reduced the Arkansas corporate income tax rate from 5.3% to 5.1%. As a result of the rate reduction, Entergy Arkansas accrued a regulatory liability for income taxes of approximately $8 million in the second quarter of 2023 including a gross-up for the treatment of income taxes in Entergy Arkansas’s retail and wholesale ratemaking formulas.
Entergy New Orleans [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, the Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory authorities. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting affects the effective tax rate for the period as compared to the statutory tax rate. There was no return of unprotected excess accumulated deferred income taxes for Entergy or the Registrant Subsidiaries for the three months ended June 30, 2023 or for the six months ended June 30, 2023. For the three months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $16 million for Entergy, including $9 million for Entergy Louisiana and $7 million for Entergy Texas. For the six months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $33 million for Entergy, including $18 million for Entergy Louisiana, $1 million for Entergy New Orleans, and $14 million for Entergy Texas. Other Tax Matters Act 293 Securitization As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana Legislature’s Regular Session of 2021 in the first quarter 2023. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust II will make distributions to Entergy Louisiana, a beneficiary of the storm trust II, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $133 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $129 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded in first quarter 2023 a $103 million ($76 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with its customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana March 2023 storm cost securitization. Arkansas Corporate Income Tax Rate Change In April 2023, Arkansas Act 532 reduced the Arkansas corporate income tax rate from 5.3% to 5.1%. As a result of the rate reduction, Entergy Arkansas accrued a regulatory liability for income taxes of approximately $8 million in the second quarter of 2023 including a gross-up for the treatment of income taxes in Entergy Arkansas’s retail and wholesale ratemaking formulas.
Entergy Texas [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, the Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory authorities. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting affects the effective tax rate for the period as compared to the statutory tax rate. There was no return of unprotected excess accumulated deferred income taxes for Entergy or the Registrant Subsidiaries for the three months ended June 30, 2023 or for the six months ended June 30, 2023. For the three months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $16 million for Entergy, including $9 million for Entergy Louisiana and $7 million for Entergy Texas. For the six months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $33 million for Entergy, including $18 million for Entergy Louisiana, $1 million for Entergy New Orleans, and $14 million for Entergy Texas. Other Tax Matters Act 293 Securitization As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana Legislature’s Regular Session of 2021 in the first quarter 2023. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust II will make distributions to Entergy Louisiana, a beneficiary of the storm trust II, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $133 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $129 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded in first quarter 2023 a $103 million ($76 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with its customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana March 2023 storm cost securitization. Arkansas Corporate Income Tax Rate Change In April 2023, Arkansas Act 532 reduced the Arkansas corporate income tax rate from 5.3% to 5.1%. As a result of the rate reduction, Entergy Arkansas accrued a regulatory liability for income taxes of approximately $8 million in the second quarter of 2023 including a gross-up for the treatment of income taxes in Entergy Arkansas’s retail and wholesale ratemaking formulas.
System Energy [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, the Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory authorities. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting affects the effective tax rate for the period as compared to the statutory tax rate. There was no return of unprotected excess accumulated deferred income taxes for Entergy or the Registrant Subsidiaries for the three months ended June 30, 2023 or for the six months ended June 30, 2023. For the three months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $16 million for Entergy, including $9 million for Entergy Louisiana and $7 million for Entergy Texas. For the six months ended June 30, 2022, the return of unprotected excess accumulated deferred income taxes reduced the regulatory liability for income taxes by $33 million for Entergy, including $18 million for Entergy Louisiana, $1 million for Entergy New Orleans, and $14 million for Entergy Texas. Other Tax Matters Act 293 Securitization As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana Legislature’s Regular Session of 2021 in the first quarter 2023. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust II will make distributions to Entergy Louisiana, a beneficiary of the storm trust II, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $133 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $129 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded in first quarter 2023 a $103 million ($76 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with its customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana March 2023 storm cost securitization. Arkansas Corporate Income Tax Rate Change In April 2023, Arkansas Act 532 reduced the Arkansas corporate income tax rate from 5.3% to 5.1%. As a result of the rate reduction, Entergy Arkansas accrued a regulatory liability for income taxes of approximately $8 million in the second quarter of 2023 including a gross-up for the treatment of income taxes in Entergy Arkansas’s retail and wholesale ratemaking formulas.

Property, Plant, And Equipment

Property, Plant, And Equipment	6 Months Ended
	Jun. 30, 2023
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at June 30, 2023 were $499 million for Entergy, $113.2 million for Entergy Arkansas, $136.1 million for Entergy Louisiana, $66.8 million for Entergy Mississippi,
Entergy Arkansas [Member]
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at June 30, 2023 were $499 million for Entergy, $113.2 million for Entergy Arkansas, $136.1 million for Entergy Louisiana, $66.8 million for Entergy Mississippi,
Entergy Louisiana [Member]
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at June 30, 2023 were $499 million for Entergy, $113.2 million for Entergy Arkansas, $136.1 million for Entergy Louisiana, $66.8 million for Entergy Mississippi,
Entergy Mississippi [Member]
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at June 30, 2023 were $499 million for Entergy, $113.2 million for Entergy Arkansas, $136.1 million for Entergy Louisiana, $66.8 million for Entergy Mississippi,
Entergy New Orleans [Member]
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at June 30, 2023 were $499 million for Entergy, $113.2 million for Entergy Arkansas, $136.1 million for Entergy Louisiana, $66.8 million for Entergy Mississippi,
Entergy Texas [Member]
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at June 30, 2023 were $499 million for Entergy, $113.2 million for Entergy Arkansas, $136.1 million for Entergy Louisiana, $66.8 million for Entergy Mississippi,
System Energy [Member]
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at June 30, 2023 were $499 million for Entergy, $113.2 million for Entergy Arkansas, $136.1 million for Entergy Louisiana, $66.8 million for Entergy Mississippi,

Variable Interest Entities

Variable Interest Entities	6 Months Ended
	Jun. 30, 2023
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs). See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K and Note 3 to the financial statements herein for discussion of noncontrolling interests. Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of June 30, 2023 and December 31, 2022, the primary asset held by the storm trust I was $3.1 billion and $3.2 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $32.4 million as of June 30, 2023 and $31.7 million as of December 31, 2022. Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. The storm trust II was established as part of the March 2023 Act 293 securitization of Entergy Louisiana’s Hurricane Ida restoration costs, less Hurricane Ida amounts previously financed in May 2022 in a prior securitization transaction. Entergy Louisiana is the primary beneficiary of the storm trust II because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust II. As of June 30, 2023, the primary asset held by the storm trust II is the $1.5 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The storm trust II’s investment in affiliate preferred membership interests was purchased with the net bond proceeds of the securitization bonds issued by the LCDA. After the securitization bonds were issued, the LCDA loaned the net bond proceeds to the LURC, and pursuant to Act 293, the LURC contributed the net bond proceeds to the storm trust II. The holders of the securitization bonds do not have recourse to the assets or revenues of the storm trust II or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with a balance of $14.9 million as of June 30, 2023. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2023 and the six months ended June 30, 2022. AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of June 30, 2023, AR Searcy Partnership, LLC recorded assets equal to $137.6 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $110.8 million. As of December 31, 2022, AR Searcy Partnership, LLC recorded assets equal to $138.3 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $109 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of June 30, 2023, MS Sunflower Partnership, LLC recorded assets equal to $163.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $126.4 million. As of December 31, 2022, MS Sunflower Partnership, LLC recorded assets equal to $154.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $117.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.
Entergy Arkansas [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs). See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K and Note 3 to the financial statements herein for discussion of noncontrolling interests. Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of June 30, 2023 and December 31, 2022, the primary asset held by the storm trust I was $3.1 billion and $3.2 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $32.4 million as of June 30, 2023 and $31.7 million as of December 31, 2022. Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. The storm trust II was established as part of the March 2023 Act 293 securitization of Entergy Louisiana’s Hurricane Ida restoration costs, less Hurricane Ida amounts previously financed in May 2022 in a prior securitization transaction. Entergy Louisiana is the primary beneficiary of the storm trust II because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust II. As of June 30, 2023, the primary asset held by the storm trust II is the $1.5 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The storm trust II’s investment in affiliate preferred membership interests was purchased with the net bond proceeds of the securitization bonds issued by the LCDA. After the securitization bonds were issued, the LCDA loaned the net bond proceeds to the LURC, and pursuant to Act 293, the LURC contributed the net bond proceeds to the storm trust II. The holders of the securitization bonds do not have recourse to the assets or revenues of the storm trust II or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with a balance of $14.9 million as of June 30, 2023. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2023 and the six months ended June 30, 2022. AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of June 30, 2023, AR Searcy Partnership, LLC recorded assets equal to $137.6 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $110.8 million. As of December 31, 2022, AR Searcy Partnership, LLC recorded assets equal to $138.3 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $109 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of June 30, 2023, MS Sunflower Partnership, LLC recorded assets equal to $163.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $126.4 million. As of December 31, 2022, MS Sunflower Partnership, LLC recorded assets equal to $154.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $117.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.
Entergy Louisiana [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs). See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K and Note 3 to the financial statements herein for discussion of noncontrolling interests. Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of June 30, 2023 and December 31, 2022, the primary asset held by the storm trust I was $3.1 billion and $3.2 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $32.4 million as of June 30, 2023 and $31.7 million as of December 31, 2022. Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. The storm trust II was established as part of the March 2023 Act 293 securitization of Entergy Louisiana’s Hurricane Ida restoration costs, less Hurricane Ida amounts previously financed in May 2022 in a prior securitization transaction. Entergy Louisiana is the primary beneficiary of the storm trust II because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust II. As of June 30, 2023, the primary asset held by the storm trust II is the $1.5 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The storm trust II’s investment in affiliate preferred membership interests was purchased with the net bond proceeds of the securitization bonds issued by the LCDA. After the securitization bonds were issued, the LCDA loaned the net bond proceeds to the LURC, and pursuant to Act 293, the LURC contributed the net bond proceeds to the storm trust II. The holders of the securitization bonds do not have recourse to the assets or revenues of the storm trust II or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with a balance of $14.9 million as of June 30, 2023. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2023 and the six months ended June 30, 2022. AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of June 30, 2023, AR Searcy Partnership, LLC recorded assets equal to $137.6 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $110.8 million. As of December 31, 2022, AR Searcy Partnership, LLC recorded assets equal to $138.3 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $109 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of June 30, 2023, MS Sunflower Partnership, LLC recorded assets equal to $163.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $126.4 million. As of December 31, 2022, MS Sunflower Partnership, LLC recorded assets equal to $154.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $117.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.
Entergy Mississippi [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs). See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K and Note 3 to the financial statements herein for discussion of noncontrolling interests. Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of June 30, 2023 and December 31, 2022, the primary asset held by the storm trust I was $3.1 billion and $3.2 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $32.4 million as of June 30, 2023 and $31.7 million as of December 31, 2022. Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. The storm trust II was established as part of the March 2023 Act 293 securitization of Entergy Louisiana’s Hurricane Ida restoration costs, less Hurricane Ida amounts previously financed in May 2022 in a prior securitization transaction. Entergy Louisiana is the primary beneficiary of the storm trust II because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust II. As of June 30, 2023, the primary asset held by the storm trust II is the $1.5 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The storm trust II’s investment in affiliate preferred membership interests was purchased with the net bond proceeds of the securitization bonds issued by the LCDA. After the securitization bonds were issued, the LCDA loaned the net bond proceeds to the LURC, and pursuant to Act 293, the LURC contributed the net bond proceeds to the storm trust II. The holders of the securitization bonds do not have recourse to the assets or revenues of the storm trust II or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with a balance of $14.9 million as of June 30, 2023. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2023 and the six months ended June 30, 2022. AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of June 30, 2023, AR Searcy Partnership, LLC recorded assets equal to $137.6 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $110.8 million. As of December 31, 2022, AR Searcy Partnership, LLC recorded assets equal to $138.3 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $109 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of June 30, 2023, MS Sunflower Partnership, LLC recorded assets equal to $163.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $126.4 million. As of December 31, 2022, MS Sunflower Partnership, LLC recorded assets equal to $154.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $117.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.
Entergy New Orleans [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs). See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K and Note 3 to the financial statements herein for discussion of noncontrolling interests. Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of June 30, 2023 and December 31, 2022, the primary asset held by the storm trust I was $3.1 billion and $3.2 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $32.4 million as of June 30, 2023 and $31.7 million as of December 31, 2022. Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. The storm trust II was established as part of the March 2023 Act 293 securitization of Entergy Louisiana’s Hurricane Ida restoration costs, less Hurricane Ida amounts previously financed in May 2022 in a prior securitization transaction. Entergy Louisiana is the primary beneficiary of the storm trust II because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust II. As of June 30, 2023, the primary asset held by the storm trust II is the $1.5 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The storm trust II’s investment in affiliate preferred membership interests was purchased with the net bond proceeds of the securitization bonds issued by the LCDA. After the securitization bonds were issued, the LCDA loaned the net bond proceeds to the LURC, and pursuant to Act 293, the LURC contributed the net bond proceeds to the storm trust II. The holders of the securitization bonds do not have recourse to the assets or revenues of the storm trust II or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with a balance of $14.9 million as of June 30, 2023. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2023 and the six months ended June 30, 2022. AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of June 30, 2023, AR Searcy Partnership, LLC recorded assets equal to $137.6 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $110.8 million. As of December 31, 2022, AR Searcy Partnership, LLC recorded assets equal to $138.3 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $109 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of June 30, 2023, MS Sunflower Partnership, LLC recorded assets equal to $163.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $126.4 million. As of December 31, 2022, MS Sunflower Partnership, LLC recorded assets equal to $154.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $117.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.
Entergy Texas [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs). See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K and Note 3 to the financial statements herein for discussion of noncontrolling interests. Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of June 30, 2023 and December 31, 2022, the primary asset held by the storm trust I was $3.1 billion and $3.2 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $32.4 million as of June 30, 2023 and $31.7 million as of December 31, 2022. Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. The storm trust II was established as part of the March 2023 Act 293 securitization of Entergy Louisiana’s Hurricane Ida restoration costs, less Hurricane Ida amounts previously financed in May 2022 in a prior securitization transaction. Entergy Louisiana is the primary beneficiary of the storm trust II because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust II. As of June 30, 2023, the primary asset held by the storm trust II is the $1.5 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The storm trust II’s investment in affiliate preferred membership interests was purchased with the net bond proceeds of the securitization bonds issued by the LCDA. After the securitization bonds were issued, the LCDA loaned the net bond proceeds to the LURC, and pursuant to Act 293, the LURC contributed the net bond proceeds to the storm trust II. The holders of the securitization bonds do not have recourse to the assets or revenues of the storm trust II or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with a balance of $14.9 million as of June 30, 2023. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2023 and the six months ended June 30, 2022. AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of June 30, 2023, AR Searcy Partnership, LLC recorded assets equal to $137.6 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $110.8 million. As of December 31, 2022, AR Searcy Partnership, LLC recorded assets equal to $138.3 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $109 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of June 30, 2023, MS Sunflower Partnership, LLC recorded assets equal to $163.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $126.4 million. As of December 31, 2022, MS Sunflower Partnership, LLC recorded assets equal to $154.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $117.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.
System Energy [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs). See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K and Note 3 to the financial statements herein for discussion of noncontrolling interests. Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of June 30, 2023 and December 31, 2022, the primary asset held by the storm trust I was $3.1 billion and $3.2 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $32.4 million as of June 30, 2023 and $31.7 million as of December 31, 2022. Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. The storm trust II was established as part of the March 2023 Act 293 securitization of Entergy Louisiana’s Hurricane Ida restoration costs, less Hurricane Ida amounts previously financed in May 2022 in a prior securitization transaction. Entergy Louisiana is the primary beneficiary of the storm trust II because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust II. As of June 30, 2023, the primary asset held by the storm trust II is the $1.5 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The storm trust II’s investment in affiliate preferred membership interests was purchased with the net bond proceeds of the securitization bonds issued by the LCDA. After the securitization bonds were issued, the LCDA loaned the net bond proceeds to the LURC, and pursuant to Act 293, the LURC contributed the net bond proceeds to the storm trust II. The holders of the securitization bonds do not have recourse to the assets or revenues of the storm trust II or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is presented as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with a balance of $14.9 million as of June 30, 2023. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2023 and the six months ended June 30, 2022. AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of June 30, 2023, AR Searcy Partnership, LLC recorded assets equal to $137.6 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $110.8 million. As of December 31, 2022, AR Searcy Partnership, LLC recorded assets equal to $138.3 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $109 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of June 30, 2023, MS Sunflower Partnership, LLC recorded assets equal to $163.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $126.4 million. As of December 31, 2022, MS Sunflower Partnership, LLC recorded assets equal to $154.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $117.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2023
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $951,424 $1,035,063 Commercial 692,788 715,665 Industrial 750,177 878,194 Governmental 63,816 67,101 Total billed retail 2,458,205 2,696,023 Sales for resale (a) 68,262 249,035 Other electric revenues (b) 247,331 302,351 Revenues from contracts with customers 2,773,798 3,247,409 Other Utility revenues (c) 11,446 10,846 Electric revenues 2,785,244 3,258,255 Natural gas revenues 33,503 48,008 Other revenues (d) 27,279 88,933 Total operating revenues $2,846,026 $3,395,196 Entergy’s total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $1,992,883 $2,021,085 Commercial 1,407,089 1,350,290 Industrial 1,613,899 1,621,828 Governmental 131,153 124,395 Total billed retail 5,145,024 5,117,598 Sales for resale (a) 176,209 377,994 Other electric revenues (b) 291,788 396,231 Revenues from contracts with customers 5,613,021 5,891,823 Other Utility revenues (c) 55,633 22,208 Electric revenues 5,668,654 5,914,031 Natural gas revenues 98,084 120,369 Other revenues (d) 60,347 238,722 Total operating revenues $5,827,085 $6,273,122 The Utility operating companies’ total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $204,808 $334,246 $163,001 $68,535 $180,834 Commercial 136,591 253,365 142,997 56,095 103,740 Industrial 153,817 407,045 54,738 7,562 127,015 Governmental 4,945 19,407 14,971 17,896 6,597 Total billed retail 500,161 1,014,063 375,707 150,088 418,186 Sales for resale (a) 48,266 80,248 26,073 11,075 1,986 Other electric revenues (b) 65,807 91,372 40,966 5,667 44,861 Revenues from contracts with customers 614,234 1,185,683 442,746 166,830 465,033 Other revenues (c) 2,113 6,226 2,384 1,386 (603) Electric revenues 616,347 1,191,909 445,130 168,216 464,430 Natural gas revenues — 13,703 — 19,800 — Total operating revenues $616,347 $1,205,612 $445,130 $188,016 $464,430 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas revenues — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 The Utility operating companies’ total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $444,307 $694,892 $332,390 $132,101 $389,193 Commercial 261,927 531,543 276,673 110,164 226,782 Industrial 285,053 916,949 106,153 14,975 290,769 Governmental 9,605 42,481 28,854 35,694 14,519 Total billed retail 1,000,892 2,185,865 744,070 292,934 921,263 Sales for resale (a) 114,283 163,484 64,816 35,985 4,431 Other electric revenues (b) 79,524 117,939 43,840 6,084 47,085 Revenues from contracts with customers 1,194,699 2,467,288 852,726 335,003 972,779 Other revenues (c) 4,397 44,373 4,832 2,908 (843) Electric revenues 1,199,096 2,511,661 857,558 337,911 971,936 Natural gas revenues — 39,159 — 58,925 — Total operating revenues $1,199,096 $2,550,820 $857,558 $396,836 $971,936 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas revenues — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 (a) Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators. (c) Other Utility revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. (d) Other revenues include competitive business sales including day-ahead sales of energy in a market administered by an ISO, operation and management services fees, and amortization of a below-market power purchase agreement. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2023 and 2022. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2022 $30.9 $6.5 $7.6 $2.5 $11.9 $2.4 Provisions 15.5 3.2 7.0 2.1 0.7 2.5 Write-offs (51.5) (13.2) (21.4) (3.7) (6.5) (6.7) Recoveries 26.9 8.7 11.7 1.5 1.5 3.5 Balance as of June 30, 2023 $21.8 $5.2 $4.9 $2.4 $7.6 $1.7 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. The rate of customer write-offs has historically experienced minimal variation, although general economic conditions, such as the COVID-19 pandemic or other economic hardships, can affect the rate of customer write-offs. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.
Entergy Arkansas [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $951,424 $1,035,063 Commercial 692,788 715,665 Industrial 750,177 878,194 Governmental 63,816 67,101 Total billed retail 2,458,205 2,696,023 Sales for resale (a) 68,262 249,035 Other electric revenues (b) 247,331 302,351 Revenues from contracts with customers 2,773,798 3,247,409 Other Utility revenues (c) 11,446 10,846 Electric revenues 2,785,244 3,258,255 Natural gas revenues 33,503 48,008 Other revenues (d) 27,279 88,933 Total operating revenues $2,846,026 $3,395,196 Entergy’s total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $1,992,883 $2,021,085 Commercial 1,407,089 1,350,290 Industrial 1,613,899 1,621,828 Governmental 131,153 124,395 Total billed retail 5,145,024 5,117,598 Sales for resale (a) 176,209 377,994 Other electric revenues (b) 291,788 396,231 Revenues from contracts with customers 5,613,021 5,891,823 Other Utility revenues (c) 55,633 22,208 Electric revenues 5,668,654 5,914,031 Natural gas revenues 98,084 120,369 Other revenues (d) 60,347 238,722 Total operating revenues $5,827,085 $6,273,122 The Utility operating companies’ total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $204,808 $334,246 $163,001 $68,535 $180,834 Commercial 136,591 253,365 142,997 56,095 103,740 Industrial 153,817 407,045 54,738 7,562 127,015 Governmental 4,945 19,407 14,971 17,896 6,597 Total billed retail 500,161 1,014,063 375,707 150,088 418,186 Sales for resale (a) 48,266 80,248 26,073 11,075 1,986 Other electric revenues (b) 65,807 91,372 40,966 5,667 44,861 Revenues from contracts with customers 614,234 1,185,683 442,746 166,830 465,033 Other revenues (c) 2,113 6,226 2,384 1,386 (603) Electric revenues 616,347 1,191,909 445,130 168,216 464,430 Natural gas revenues — 13,703 — 19,800 — Total operating revenues $616,347 $1,205,612 $445,130 $188,016 $464,430 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas revenues — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 The Utility operating companies’ total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $444,307 $694,892 $332,390 $132,101 $389,193 Commercial 261,927 531,543 276,673 110,164 226,782 Industrial 285,053 916,949 106,153 14,975 290,769 Governmental 9,605 42,481 28,854 35,694 14,519 Total billed retail 1,000,892 2,185,865 744,070 292,934 921,263 Sales for resale (a) 114,283 163,484 64,816 35,985 4,431 Other electric revenues (b) 79,524 117,939 43,840 6,084 47,085 Revenues from contracts with customers 1,194,699 2,467,288 852,726 335,003 972,779 Other revenues (c) 4,397 44,373 4,832 2,908 (843) Electric revenues 1,199,096 2,511,661 857,558 337,911 971,936 Natural gas revenues — 39,159 — 58,925 — Total operating revenues $1,199,096 $2,550,820 $857,558 $396,836 $971,936 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas revenues — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 (a) Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators. (c) Other Utility revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. (d) Other revenues include competitive business sales including day-ahead sales of energy in a market administered by an ISO, operation and management services fees, and amortization of a below-market power purchase agreement. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2023 and 2022. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2022 $30.9 $6.5 $7.6 $2.5 $11.9 $2.4 Provisions 15.5 3.2 7.0 2.1 0.7 2.5 Write-offs (51.5) (13.2) (21.4) (3.7) (6.5) (6.7) Recoveries 26.9 8.7 11.7 1.5 1.5 3.5 Balance as of June 30, 2023 $21.8 $5.2 $4.9 $2.4 $7.6 $1.7 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. The rate of customer write-offs has historically experienced minimal variation, although general economic conditions, such as the COVID-19 pandemic or other economic hardships, can affect the rate of customer write-offs. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.
Entergy Louisiana [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $951,424 $1,035,063 Commercial 692,788 715,665 Industrial 750,177 878,194 Governmental 63,816 67,101 Total billed retail 2,458,205 2,696,023 Sales for resale (a) 68,262 249,035 Other electric revenues (b) 247,331 302,351 Revenues from contracts with customers 2,773,798 3,247,409 Other Utility revenues (c) 11,446 10,846 Electric revenues 2,785,244 3,258,255 Natural gas revenues 33,503 48,008 Other revenues (d) 27,279 88,933 Total operating revenues $2,846,026 $3,395,196 Entergy’s total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $1,992,883 $2,021,085 Commercial 1,407,089 1,350,290 Industrial 1,613,899 1,621,828 Governmental 131,153 124,395 Total billed retail 5,145,024 5,117,598 Sales for resale (a) 176,209 377,994 Other electric revenues (b) 291,788 396,231 Revenues from contracts with customers 5,613,021 5,891,823 Other Utility revenues (c) 55,633 22,208 Electric revenues 5,668,654 5,914,031 Natural gas revenues 98,084 120,369 Other revenues (d) 60,347 238,722 Total operating revenues $5,827,085 $6,273,122 The Utility operating companies’ total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $204,808 $334,246 $163,001 $68,535 $180,834 Commercial 136,591 253,365 142,997 56,095 103,740 Industrial 153,817 407,045 54,738 7,562 127,015 Governmental 4,945 19,407 14,971 17,896 6,597 Total billed retail 500,161 1,014,063 375,707 150,088 418,186 Sales for resale (a) 48,266 80,248 26,073 11,075 1,986 Other electric revenues (b) 65,807 91,372 40,966 5,667 44,861 Revenues from contracts with customers 614,234 1,185,683 442,746 166,830 465,033 Other revenues (c) 2,113 6,226 2,384 1,386 (603) Electric revenues 616,347 1,191,909 445,130 168,216 464,430 Natural gas revenues — 13,703 — 19,800 — Total operating revenues $616,347 $1,205,612 $445,130 $188,016 $464,430 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas revenues — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 The Utility operating companies’ total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $444,307 $694,892 $332,390 $132,101 $389,193 Commercial 261,927 531,543 276,673 110,164 226,782 Industrial 285,053 916,949 106,153 14,975 290,769 Governmental 9,605 42,481 28,854 35,694 14,519 Total billed retail 1,000,892 2,185,865 744,070 292,934 921,263 Sales for resale (a) 114,283 163,484 64,816 35,985 4,431 Other electric revenues (b) 79,524 117,939 43,840 6,084 47,085 Revenues from contracts with customers 1,194,699 2,467,288 852,726 335,003 972,779 Other revenues (c) 4,397 44,373 4,832 2,908 (843) Electric revenues 1,199,096 2,511,661 857,558 337,911 971,936 Natural gas revenues — 39,159 — 58,925 — Total operating revenues $1,199,096 $2,550,820 $857,558 $396,836 $971,936 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas revenues — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 (a) Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators. (c) Other Utility revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. (d) Other revenues include competitive business sales including day-ahead sales of energy in a market administered by an ISO, operation and management services fees, and amortization of a below-market power purchase agreement. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2023 and 2022. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2022 $30.9 $6.5 $7.6 $2.5 $11.9 $2.4 Provisions 15.5 3.2 7.0 2.1 0.7 2.5 Write-offs (51.5) (13.2) (21.4) (3.7) (6.5) (6.7) Recoveries 26.9 8.7 11.7 1.5 1.5 3.5 Balance as of June 30, 2023 $21.8 $5.2 $4.9 $2.4 $7.6 $1.7 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. The rate of customer write-offs has historically experienced minimal variation, although general economic conditions, such as the COVID-19 pandemic or other economic hardships, can affect the rate of customer write-offs. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.
Entergy Mississippi [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $951,424 $1,035,063 Commercial 692,788 715,665 Industrial 750,177 878,194 Governmental 63,816 67,101 Total billed retail 2,458,205 2,696,023 Sales for resale (a) 68,262 249,035 Other electric revenues (b) 247,331 302,351 Revenues from contracts with customers 2,773,798 3,247,409 Other Utility revenues (c) 11,446 10,846 Electric revenues 2,785,244 3,258,255 Natural gas revenues 33,503 48,008 Other revenues (d) 27,279 88,933 Total operating revenues $2,846,026 $3,395,196 Entergy’s total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $1,992,883 $2,021,085 Commercial 1,407,089 1,350,290 Industrial 1,613,899 1,621,828 Governmental 131,153 124,395 Total billed retail 5,145,024 5,117,598 Sales for resale (a) 176,209 377,994 Other electric revenues (b) 291,788 396,231 Revenues from contracts with customers 5,613,021 5,891,823 Other Utility revenues (c) 55,633 22,208 Electric revenues 5,668,654 5,914,031 Natural gas revenues 98,084 120,369 Other revenues (d) 60,347 238,722 Total operating revenues $5,827,085 $6,273,122 The Utility operating companies’ total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $204,808 $334,246 $163,001 $68,535 $180,834 Commercial 136,591 253,365 142,997 56,095 103,740 Industrial 153,817 407,045 54,738 7,562 127,015 Governmental 4,945 19,407 14,971 17,896 6,597 Total billed retail 500,161 1,014,063 375,707 150,088 418,186 Sales for resale (a) 48,266 80,248 26,073 11,075 1,986 Other electric revenues (b) 65,807 91,372 40,966 5,667 44,861 Revenues from contracts with customers 614,234 1,185,683 442,746 166,830 465,033 Other revenues (c) 2,113 6,226 2,384 1,386 (603) Electric revenues 616,347 1,191,909 445,130 168,216 464,430 Natural gas revenues — 13,703 — 19,800 — Total operating revenues $616,347 $1,205,612 $445,130 $188,016 $464,430 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas revenues — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 The Utility operating companies’ total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $444,307 $694,892 $332,390 $132,101 $389,193 Commercial 261,927 531,543 276,673 110,164 226,782 Industrial 285,053 916,949 106,153 14,975 290,769 Governmental 9,605 42,481 28,854 35,694 14,519 Total billed retail 1,000,892 2,185,865 744,070 292,934 921,263 Sales for resale (a) 114,283 163,484 64,816 35,985 4,431 Other electric revenues (b) 79,524 117,939 43,840 6,084 47,085 Revenues from contracts with customers 1,194,699 2,467,288 852,726 335,003 972,779 Other revenues (c) 4,397 44,373 4,832 2,908 (843) Electric revenues 1,199,096 2,511,661 857,558 337,911 971,936 Natural gas revenues — 39,159 — 58,925 — Total operating revenues $1,199,096 $2,550,820 $857,558 $396,836 $971,936 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas revenues — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 (a) Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators. (c) Other Utility revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. (d) Other revenues include competitive business sales including day-ahead sales of energy in a market administered by an ISO, operation and management services fees, and amortization of a below-market power purchase agreement. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2023 and 2022. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2022 $30.9 $6.5 $7.6 $2.5 $11.9 $2.4 Provisions 15.5 3.2 7.0 2.1 0.7 2.5 Write-offs (51.5) (13.2) (21.4) (3.7) (6.5) (6.7) Recoveries 26.9 8.7 11.7 1.5 1.5 3.5 Balance as of June 30, 2023 $21.8 $5.2 $4.9 $2.4 $7.6 $1.7 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. The rate of customer write-offs has historically experienced minimal variation, although general economic conditions, such as the COVID-19 pandemic or other economic hardships, can affect the rate of customer write-offs. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.
Entergy New Orleans [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $951,424 $1,035,063 Commercial 692,788 715,665 Industrial 750,177 878,194 Governmental 63,816 67,101 Total billed retail 2,458,205 2,696,023 Sales for resale (a) 68,262 249,035 Other electric revenues (b) 247,331 302,351 Revenues from contracts with customers 2,773,798 3,247,409 Other Utility revenues (c) 11,446 10,846 Electric revenues 2,785,244 3,258,255 Natural gas revenues 33,503 48,008 Other revenues (d) 27,279 88,933 Total operating revenues $2,846,026 $3,395,196 Entergy’s total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $1,992,883 $2,021,085 Commercial 1,407,089 1,350,290 Industrial 1,613,899 1,621,828 Governmental 131,153 124,395 Total billed retail 5,145,024 5,117,598 Sales for resale (a) 176,209 377,994 Other electric revenues (b) 291,788 396,231 Revenues from contracts with customers 5,613,021 5,891,823 Other Utility revenues (c) 55,633 22,208 Electric revenues 5,668,654 5,914,031 Natural gas revenues 98,084 120,369 Other revenues (d) 60,347 238,722 Total operating revenues $5,827,085 $6,273,122 The Utility operating companies’ total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $204,808 $334,246 $163,001 $68,535 $180,834 Commercial 136,591 253,365 142,997 56,095 103,740 Industrial 153,817 407,045 54,738 7,562 127,015 Governmental 4,945 19,407 14,971 17,896 6,597 Total billed retail 500,161 1,014,063 375,707 150,088 418,186 Sales for resale (a) 48,266 80,248 26,073 11,075 1,986 Other electric revenues (b) 65,807 91,372 40,966 5,667 44,861 Revenues from contracts with customers 614,234 1,185,683 442,746 166,830 465,033 Other revenues (c) 2,113 6,226 2,384 1,386 (603) Electric revenues 616,347 1,191,909 445,130 168,216 464,430 Natural gas revenues — 13,703 — 19,800 — Total operating revenues $616,347 $1,205,612 $445,130 $188,016 $464,430 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas revenues — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 The Utility operating companies’ total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $444,307 $694,892 $332,390 $132,101 $389,193 Commercial 261,927 531,543 276,673 110,164 226,782 Industrial 285,053 916,949 106,153 14,975 290,769 Governmental 9,605 42,481 28,854 35,694 14,519 Total billed retail 1,000,892 2,185,865 744,070 292,934 921,263 Sales for resale (a) 114,283 163,484 64,816 35,985 4,431 Other electric revenues (b) 79,524 117,939 43,840 6,084 47,085 Revenues from contracts with customers 1,194,699 2,467,288 852,726 335,003 972,779 Other revenues (c) 4,397 44,373 4,832 2,908 (843) Electric revenues 1,199,096 2,511,661 857,558 337,911 971,936 Natural gas revenues — 39,159 — 58,925 — Total operating revenues $1,199,096 $2,550,820 $857,558 $396,836 $971,936 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas revenues — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 (a) Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators. (c) Other Utility revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. (d) Other revenues include competitive business sales including day-ahead sales of energy in a market administered by an ISO, operation and management services fees, and amortization of a below-market power purchase agreement. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2023 and 2022. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2022 $30.9 $6.5 $7.6 $2.5 $11.9 $2.4 Provisions 15.5 3.2 7.0 2.1 0.7 2.5 Write-offs (51.5) (13.2) (21.4) (3.7) (6.5) (6.7) Recoveries 26.9 8.7 11.7 1.5 1.5 3.5 Balance as of June 30, 2023 $21.8 $5.2 $4.9 $2.4 $7.6 $1.7 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. The rate of customer write-offs has historically experienced minimal variation, although general economic conditions, such as the COVID-19 pandemic or other economic hardships, can affect the rate of customer write-offs. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.
Entergy Texas [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $951,424 $1,035,063 Commercial 692,788 715,665 Industrial 750,177 878,194 Governmental 63,816 67,101 Total billed retail 2,458,205 2,696,023 Sales for resale (a) 68,262 249,035 Other electric revenues (b) 247,331 302,351 Revenues from contracts with customers 2,773,798 3,247,409 Other Utility revenues (c) 11,446 10,846 Electric revenues 2,785,244 3,258,255 Natural gas revenues 33,503 48,008 Other revenues (d) 27,279 88,933 Total operating revenues $2,846,026 $3,395,196 Entergy’s total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $1,992,883 $2,021,085 Commercial 1,407,089 1,350,290 Industrial 1,613,899 1,621,828 Governmental 131,153 124,395 Total billed retail 5,145,024 5,117,598 Sales for resale (a) 176,209 377,994 Other electric revenues (b) 291,788 396,231 Revenues from contracts with customers 5,613,021 5,891,823 Other Utility revenues (c) 55,633 22,208 Electric revenues 5,668,654 5,914,031 Natural gas revenues 98,084 120,369 Other revenues (d) 60,347 238,722 Total operating revenues $5,827,085 $6,273,122 The Utility operating companies’ total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $204,808 $334,246 $163,001 $68,535 $180,834 Commercial 136,591 253,365 142,997 56,095 103,740 Industrial 153,817 407,045 54,738 7,562 127,015 Governmental 4,945 19,407 14,971 17,896 6,597 Total billed retail 500,161 1,014,063 375,707 150,088 418,186 Sales for resale (a) 48,266 80,248 26,073 11,075 1,986 Other electric revenues (b) 65,807 91,372 40,966 5,667 44,861 Revenues from contracts with customers 614,234 1,185,683 442,746 166,830 465,033 Other revenues (c) 2,113 6,226 2,384 1,386 (603) Electric revenues 616,347 1,191,909 445,130 168,216 464,430 Natural gas revenues — 13,703 — 19,800 — Total operating revenues $616,347 $1,205,612 $445,130 $188,016 $464,430 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas revenues — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 The Utility operating companies’ total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $444,307 $694,892 $332,390 $132,101 $389,193 Commercial 261,927 531,543 276,673 110,164 226,782 Industrial 285,053 916,949 106,153 14,975 290,769 Governmental 9,605 42,481 28,854 35,694 14,519 Total billed retail 1,000,892 2,185,865 744,070 292,934 921,263 Sales for resale (a) 114,283 163,484 64,816 35,985 4,431 Other electric revenues (b) 79,524 117,939 43,840 6,084 47,085 Revenues from contracts with customers 1,194,699 2,467,288 852,726 335,003 972,779 Other revenues (c) 4,397 44,373 4,832 2,908 (843) Electric revenues 1,199,096 2,511,661 857,558 337,911 971,936 Natural gas revenues — 39,159 — 58,925 — Total operating revenues $1,199,096 $2,550,820 $857,558 $396,836 $971,936 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas revenues — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 (a) Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators. (c) Other Utility revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. (d) Other revenues include competitive business sales including day-ahead sales of energy in a market administered by an ISO, operation and management services fees, and amortization of a below-market power purchase agreement. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2023 and 2022. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2022 $30.9 $6.5 $7.6 $2.5 $11.9 $2.4 Provisions 15.5 3.2 7.0 2.1 0.7 2.5 Write-offs (51.5) (13.2) (21.4) (3.7) (6.5) (6.7) Recoveries 26.9 8.7 11.7 1.5 1.5 3.5 Balance as of June 30, 2023 $21.8 $5.2 $4.9 $2.4 $7.6 $1.7 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. The rate of customer write-offs has historically experienced minimal variation, although general economic conditions, such as the COVID-19 pandemic or other economic hardships, can affect the rate of customer write-offs. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.
System Energy [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $951,424 $1,035,063 Commercial 692,788 715,665 Industrial 750,177 878,194 Governmental 63,816 67,101 Total billed retail 2,458,205 2,696,023 Sales for resale (a) 68,262 249,035 Other electric revenues (b) 247,331 302,351 Revenues from contracts with customers 2,773,798 3,247,409 Other Utility revenues (c) 11,446 10,846 Electric revenues 2,785,244 3,258,255 Natural gas revenues 33,503 48,008 Other revenues (d) 27,279 88,933 Total operating revenues $2,846,026 $3,395,196 Entergy’s total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $1,992,883 $2,021,085 Commercial 1,407,089 1,350,290 Industrial 1,613,899 1,621,828 Governmental 131,153 124,395 Total billed retail 5,145,024 5,117,598 Sales for resale (a) 176,209 377,994 Other electric revenues (b) 291,788 396,231 Revenues from contracts with customers 5,613,021 5,891,823 Other Utility revenues (c) 55,633 22,208 Electric revenues 5,668,654 5,914,031 Natural gas revenues 98,084 120,369 Other revenues (d) 60,347 238,722 Total operating revenues $5,827,085 $6,273,122 The Utility operating companies’ total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $204,808 $334,246 $163,001 $68,535 $180,834 Commercial 136,591 253,365 142,997 56,095 103,740 Industrial 153,817 407,045 54,738 7,562 127,015 Governmental 4,945 19,407 14,971 17,896 6,597 Total billed retail 500,161 1,014,063 375,707 150,088 418,186 Sales for resale (a) 48,266 80,248 26,073 11,075 1,986 Other electric revenues (b) 65,807 91,372 40,966 5,667 44,861 Revenues from contracts with customers 614,234 1,185,683 442,746 166,830 465,033 Other revenues (c) 2,113 6,226 2,384 1,386 (603) Electric revenues 616,347 1,191,909 445,130 168,216 464,430 Natural gas revenues — 13,703 — 19,800 — Total operating revenues $616,347 $1,205,612 $445,130 $188,016 $464,430 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas revenues — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 The Utility operating companies’ total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $444,307 $694,892 $332,390 $132,101 $389,193 Commercial 261,927 531,543 276,673 110,164 226,782 Industrial 285,053 916,949 106,153 14,975 290,769 Governmental 9,605 42,481 28,854 35,694 14,519 Total billed retail 1,000,892 2,185,865 744,070 292,934 921,263 Sales for resale (a) 114,283 163,484 64,816 35,985 4,431 Other electric revenues (b) 79,524 117,939 43,840 6,084 47,085 Revenues from contracts with customers 1,194,699 2,467,288 852,726 335,003 972,779 Other revenues (c) 4,397 44,373 4,832 2,908 (843) Electric revenues 1,199,096 2,511,661 857,558 337,911 971,936 Natural gas revenues — 39,159 — 58,925 — Total operating revenues $1,199,096 $2,550,820 $857,558 $396,836 $971,936 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas revenues — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 (a) Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators. (c) Other Utility revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. (d) Other revenues include competitive business sales including day-ahead sales of energy in a market administered by an ISO, operation and management services fees, and amortization of a below-market power purchase agreement. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2023 and 2022. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2022 $30.9 $6.5 $7.6 $2.5 $11.9 $2.4 Provisions 15.5 3.2 7.0 2.1 0.7 2.5 Write-offs (51.5) (13.2) (21.4) (3.7) (6.5) (6.7) Recoveries 26.9 8.7 11.7 1.5 1.5 3.5 Balance as of June 30, 2023 $21.8 $5.2 $4.9 $2.4 $7.6 $1.7 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. The rate of customer write-offs has historically experienced minimal variation, although general economic conditions, such as the COVID-19 pandemic or other economic hardships, can affect the rate of customer write-offs. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Equity (Tables)

Equity (Tables)	6 Months Ended
	Jun. 30, 2023
Schedule Of Earnings Per Share Basic And Diluted	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, 2023 2022 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $391.2 211.4 $1.85 $159.7 203.4 $0.79 Average dilutive effect of: Stock options 0.3 — 0.5 (0.01) Other equity plans 0.5 (0.01) 0.5 — Equity forwards — — 0.3 — Diluted earnings per share $391.2 212.2 $1.84 $159.7 204.7 $0.78 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 1.2 million for the three months ended June 30, 2023 and approximately 0.9 million for the three months ended June 30, 2022. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Six Months Ended June 30, 2023 2022 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $702.2 211.4 $3.32 $436.1 203.2 $2.15 Average dilutive effect of: Stock options 0.3 — 0.5 (0.01) Other equity plans 0.5 (0.01) 0.4 (0.01) Equity forwards — — 0.2 — Diluted earnings per share $702.2 212.2 $3.31 $436.1 204.3 $2.13 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 six months ended June 30, 2023 and approximately 0.9 million for the six months ended June 30, 2022.
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2023: Pension and Other Postretirement Liabilities (In Thousands) Beginning balance, April 1, 2023 ($189,727) Amounts reclassified from accumulated other comprehensive income (loss) (3,292) Net other comprehensive income (loss) for the period (3,292) Ending balance, June 30, 2023 ($193,019) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2022 ($1,011) ($330,319) ($5,248) ($336,578) Other comprehensive income (loss) before reclassifications (14) — 4,101 4,087 Amounts reclassified from accumulated other comprehensive income 38 6,045 2,370 8,453 Net other comprehensive income (loss) for the period 24 6,045 6,471 12,540 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2023: Pension and Other Postretirement Liabilities (In Thousands) Beginning balance, January 1, 2023 ($191,754) Amounts reclassified from accumulated other comprehensive income (loss) (1,265) Net other comprehensive income (loss) for the period (1,265) Ending balance, June 30, 2023 ($193,019) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2022 ($1,035) ($338,647) $7,154 ($332,528) Other comprehensive income (loss) before reclassifications (29) — (11,774) (11,803) Amounts reclassified from accumulated other comprehensive income (loss) 77 14,373 5,843 20,293 Net other comprehensive income (loss) for the period 48 14,373 (5,931) 8,490 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038)
Reclassification out of Accumulated Other Comprehensive Income	Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended June 30, 2023 and 2022 were as follows: Amounts reclassified Income Statement Location 2023 2022 (In Thousands) Cash flow hedges net unrealized loss Interest rate swaps $— ($48) Miscellaneous - net Total realized loss on cash flow hedges — (48) Income taxes — 10 Income taxes Total realized loss on cash flow hedges (net of tax) $— ($38) Pension and other postretirement liabilities Amortization of prior-service credit $3,398 $3,837 (a) Amortization of net gain (loss) 1,633 (10,979) (a) Settlement loss (674) (545) (a) Total amortization and settlement loss 4,357 (7,687) Income taxes (1,065) 1,642 Income taxes Total amortization and settlement loss (net of tax) $3,292 ($6,045) Net unrealized investment loss Realized loss $— ($3,750) Interest and investment income Income taxes — 1,380 Income taxes Total realized investment loss (net of tax) $— ($2,370) Total reclassifications for the period (net of tax) $3,292 ($8,453) (a) These accumulated other comprehensive income (loss) components were 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, 2023 and 2022 were as follows: Amounts reclassified Income Statement Location 2023 2022 (In Thousands) Cash flow hedges net unrealized loss Interest rate swaps $— ($97) Miscellaneous - net Total realized loss on cash flow hedges — (97) Income taxes — 20 Income taxes Total realized loss on cash flow hedges (net of tax) $— ($77) Pension and other postretirement liabilities Amortization of prior-service credit $6,795 $7,674 (a) Amortization of net gain (loss) 3,295 (24,904) (a) Settlement loss (8,490) (1,327) (a) Total amortization and settlement loss 1,600 (18,557) Income taxes (335) 4,184 Income taxes Total amortization and settlement loss (net of tax) $1,265 ($14,373) Net unrealized investment loss Realized loss $— ($9,245) Interest and investment income Income taxes — 3,402 Income taxes Total realized investment loss (net of tax) $— ($5,843) Total reclassifications for the period (net of tax) $1,265 ($20,293) (a) These accumulated other comprehensive income (loss) components were 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]
Schedule of noncontrolling interest	The dollar value of noncontrolling interests for Entergy Louisiana as of June 30, 2023 and December 31, 2022 is presented below: 2023 2022 (In Thousands) Entergy Louisiana Noncontrolling Interests Restoration Law Trust I (a) $32,359 $31,735 Restoration Law Trust II (b) 14,856 — Total Noncontrolling Interests $47,215 $31,735 (a) See Note 12 to the financial statements herein and Note 17 to the financial statements in the Form 10-K for discussion of Restoration Law Trust I. (b) Restoration Law Trust II (the storm trust II) was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Ida storm restoration costs in March 2023. The storm trust II holds preferred membership interests issued by Entergy Finance Company, and Entergy Finance Company is required to make annual distributions (dividends) on the preferred membership interests. These annual dividends paid on the Entergy Finance Company preferred membership interests will be distributed 1% to the LURC and 99% to Entergy Louisiana. Entergy Louisiana, as the primary beneficiary, consolidates the storm trust II and the LURC’s 1% beneficial interest in noncontrolling interests in the consolidated financial statements for Entergy Louisiana and Entergy. See Note 2 to the financial statements herein for a discussion of the Entergy Louisiana March 2023 storm cost securitization.
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2023 and 2022: Pension and Other 2023 2022 (In Thousands) Beginning balance, April 1, $54,584 $7,665 Amounts reclassified from accumulated other comprehensive income (loss) (1,773) (491) Net other comprehensive income (loss) for the period (1,773) (491) Ending balance, June 30, $52,811 $7,174 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 2023 and 2022: Pension and Other 2023 2022 (In Thousands) Beginning balance, January 1, $55,370 $8,278 Amounts reclassified from accumulated other comprehensive income (loss) (2,559) (1,104) Net other comprehensive income (loss) for the period (2,559) (1,104) Ending balance, June 30, $52,811 $7,174
Reclassification out of Accumulated Other Comprehensive Income	Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended June 30, 2023 and 2022 were as follows: Amounts reclassified Income Statement Location 2023 2022 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $951 $1,158 (a) Amortization of gain (loss) 1,564 (308) (a) Settlement loss (89) (178) (a) Total amortization and settlement loss 2,426 672 Income taxes (653) (181) Income taxes Total amortization and settlement loss (net of tax) 1,773 491 Total reclassifications for the period (net of tax) $1,773 $491 (a) These accumulated other comprehensive income (loss) components were 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, 2023 and 2022 were as follows: Amounts reclassified Income Statement Location 2023 2022 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,902 $2,316 (a) Amortization of gain (loss) 3,129 (627) (a) Settlement loss (1,529) (178) (a) Total amortization and settlement loss 3,502 1,511 Income taxes (943) (407) Income taxes Total amortization and settlement loss (net of tax) 2,559 1,104 Total reclassifications for the period (net of tax) $2,559 $1,104 (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.

Revolving Credit Facilities, _2

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2023
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	As of June 30, 2023, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2023: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $11.6 million Entergy Louisiana $125 million 0.78% $20 million Entergy Mississippi $65 million 0.78% $6.7 million Entergy New Orleans $15 million 1.625% $1 million Entergy Texas $80 million 0.875% $8.8 million (a) As of June 30, 2023, letters of credit posted with MISO covered financial transmission right exposure of $5.9 million for Entergy Arkansas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2023, in addition to the $6.7 million MISO letters of credit, Entergy Mississippi had $9.2 million in non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2023: Company Expiration Amount Weighted- Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 5.93% $22.5 Entergy Louisiana River Bend VIE June 2025 $105 5.92% $56.4 Entergy Louisiana Waterford VIE June 2025 $105 5.82% $49.8 System Energy VIE June 2025 $120 5.79% $37.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Notes Payable By Variable Interest Entities	The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of June 30, 2023 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Arkansas [Member]
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2023 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2024 $25 million (b) 7.02% $— $— Entergy Arkansas June 2028 $150 million (c) 6.33% $75.0 million $— Entergy Louisiana June 2028 $350 million (c) 6.45% $— $— Entergy Mississippi July 2023 (e) $45 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $40 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $10 million (d) 6.70% $— $— Entergy Mississippi July 2025 $150 million 6.33% $— $— Entergy New Orleans June 2024 $25 million (c) 6.83% $— $— Entergy Texas June 2028 $150 million (c) 6.45% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2023 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. (e) The short-term Entergy Mississippi credit facilities were terminated in July 2023.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2023: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $11.6 million Entergy Louisiana $125 million 0.78% $20 million Entergy Mississippi $65 million 0.78% $6.7 million Entergy New Orleans $15 million 1.625% $1 million Entergy Texas $80 million 0.875% $8.8 million (a) As of June 30, 2023, letters of credit posted with MISO covered financial transmission right exposure of $5.9 million for Entergy Arkansas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2023, in addition to the $6.7 million MISO letters of credit, Entergy Mississippi had $9.2 million in non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2023: Company Expiration Amount Weighted- Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 5.93% $22.5 Entergy Louisiana River Bend VIE June 2025 $105 5.92% $56.4 Entergy Louisiana Waterford VIE June 2025 $105 5.82% $49.8 System Energy VIE June 2025 $120 5.79% $37.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Notes Payable By Variable Interest Entities	The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of June 30, 2023 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Louisiana [Member]
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2023 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2024 $25 million (b) 7.02% $— $— Entergy Arkansas June 2028 $150 million (c) 6.33% $75.0 million $— Entergy Louisiana June 2028 $350 million (c) 6.45% $— $— Entergy Mississippi July 2023 (e) $45 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $40 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $10 million (d) 6.70% $— $— Entergy Mississippi July 2025 $150 million 6.33% $— $— Entergy New Orleans June 2024 $25 million (c) 6.83% $— $— Entergy Texas June 2028 $150 million (c) 6.45% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2023 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. (e) The short-term Entergy Mississippi credit facilities were terminated in July 2023.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2023: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $11.6 million Entergy Louisiana $125 million 0.78% $20 million Entergy Mississippi $65 million 0.78% $6.7 million Entergy New Orleans $15 million 1.625% $1 million Entergy Texas $80 million 0.875% $8.8 million (a) As of June 30, 2023, letters of credit posted with MISO covered financial transmission right exposure of $5.9 million for Entergy Arkansas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2023, in addition to the $6.7 million MISO letters of credit, Entergy Mississippi had $9.2 million in non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2023: Company Expiration Amount Weighted- Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 5.93% $22.5 Entergy Louisiana River Bend VIE June 2025 $105 5.92% $56.4 Entergy Louisiana Waterford VIE June 2025 $105 5.82% $49.8 System Energy VIE June 2025 $120 5.79% $37.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Notes Payable By Variable Interest Entities	The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of June 30, 2023 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Mississippi [Member]
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2023 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2024 $25 million (b) 7.02% $— $— Entergy Arkansas June 2028 $150 million (c) 6.33% $75.0 million $— Entergy Louisiana June 2028 $350 million (c) 6.45% $— $— Entergy Mississippi July 2023 (e) $45 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $40 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $10 million (d) 6.70% $— $— Entergy Mississippi July 2025 $150 million 6.33% $— $— Entergy New Orleans June 2024 $25 million (c) 6.83% $— $— Entergy Texas June 2028 $150 million (c) 6.45% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2023 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. (e) The short-term Entergy Mississippi credit facilities were terminated in July 2023.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2023: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $11.6 million Entergy Louisiana $125 million 0.78% $20 million Entergy Mississippi $65 million 0.78% $6.7 million Entergy New Orleans $15 million 1.625% $1 million Entergy Texas $80 million 0.875% $8.8 million (a) As of June 30, 2023, letters of credit posted with MISO covered financial transmission right exposure of $5.9 million for Entergy Arkansas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2023, in addition to the $6.7 million MISO letters of credit, Entergy Mississippi had $9.2 million in non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy New Orleans [Member]
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2023 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2024 $25 million (b) 7.02% $— $— Entergy Arkansas June 2028 $150 million (c) 6.33% $75.0 million $— Entergy Louisiana June 2028 $350 million (c) 6.45% $— $— Entergy Mississippi July 2023 (e) $45 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $40 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $10 million (d) 6.70% $— $— Entergy Mississippi July 2025 $150 million 6.33% $— $— Entergy New Orleans June 2024 $25 million (c) 6.83% $— $— Entergy Texas June 2028 $150 million (c) 6.45% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2023 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. (e) The short-term Entergy Mississippi credit facilities were terminated in July 2023.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2023: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $11.6 million Entergy Louisiana $125 million 0.78% $20 million Entergy Mississippi $65 million 0.78% $6.7 million Entergy New Orleans $15 million 1.625% $1 million Entergy Texas $80 million 0.875% $8.8 million (a) As of June 30, 2023, letters of credit posted with MISO covered financial transmission right exposure of $5.9 million for Entergy Arkansas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2023, in addition to the $6.7 million MISO letters of credit, Entergy Mississippi had $9.2 million in non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Texas [Member]
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2023 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2024 $25 million (b) 7.02% $— $— Entergy Arkansas June 2028 $150 million (c) 6.33% $75.0 million $— Entergy Louisiana June 2028 $350 million (c) 6.45% $— $— Entergy Mississippi July 2023 (e) $45 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $40 million (d) 6.70% $— $— Entergy Mississippi July 2023 (e) $10 million (d) 6.70% $— $— Entergy Mississippi July 2025 $150 million 6.33% $— $— Entergy New Orleans June 2024 $25 million (c) 6.83% $— $— Entergy Texas June 2028 $150 million (c) 6.45% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2023 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. (e) The short-term Entergy Mississippi credit facilities were terminated in July 2023.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2023: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $11.6 million Entergy Louisiana $125 million 0.78% $20 million Entergy Mississippi $65 million 0.78% $6.7 million Entergy New Orleans $15 million 1.625% $1 million Entergy Texas $80 million 0.875% $8.8 million (a) As of June 30, 2023, letters of credit posted with MISO covered financial transmission right exposure of $5.9 million for Entergy Arkansas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2023, in addition to the $6.7 million MISO letters of credit, Entergy Mississippi had $9.2 million in non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
System Energy [Member]
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2023 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $152 Entergy Louisiana $450 $— Entergy Mississippi $200 $105 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2023: Company Expiration Amount Weighted- Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 5.93% $22.5 Entergy Louisiana River Bend VIE June 2025 $105 5.92% $56.4 Entergy Louisiana Waterford VIE June 2025 $105 5.82% $49.8 System Energy VIE June 2025 $120 5.79% $37.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Notes Payable By Variable Interest Entities	The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of June 30, 2023 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2023 were as follows: Book Value Fair Value (In Thousands) Entergy $26,170,727 $23,052,902 Entergy Arkansas $4,438,803 $3,872,249 Entergy Louisiana $10,687,807 $9,531,338 Entergy Mississippi $2,328,900 $2,009,172 Entergy New Orleans $784,810 $710,894 Entergy Texas $2,888,075 $2,505,893 System Energy $752,969 $693,756 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein. The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of December 31, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,932,549 $22,573,837 Entergy Arkansas $4,166,500 $3,538,930 Entergy Louisiana $10,698,922 $9,444,665 Entergy Mississippi $2,331,096 $1,987,154 Entergy New Orleans $775,632 $707,872 Entergy Texas $2,895,913 $2,485,705 System Energy $777,905 $702,473 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables) - Entergy Corporation [Member]	6 Months Ended
	Jun. 30, 2023
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Financial Information For Stock Options	The following table includes financial information for outstanding stock options for the three months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Compensation expense included in Entergy’s consolidated net income $1.0 $1.2 Tax benefit recognized in Entergy’s consolidated net income $0.3 $0.3 Compensation cost capitalized as part of fixed assets and materials and supplies $0.6 $0.4 The following table includes financial information for outstanding stock options for the six months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Compensation expense included in Entergy’s consolidated net income $2.1 $2.3 Tax benefit recognized in Entergy’s consolidated net income $0.6 $0.6 Compensation cost capitalized as part of fixed assets and materials and supplies $1.1 $0.8
Financial Information For Restricted Stock	The following table includes financial information for other outstanding equity awards for the three months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Compensation expense included in Entergy’s consolidated net income $10.1 $10.6 Tax benefit recognized in Entergy’s consolidated net income $2.6 $2.7 Compensation cost capitalized as part of fixed assets and materials and supplies $4.4 $4.3 The following table includes financial information for other outstanding equity awards for the six months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Compensation expense included in Entergy’s consolidated net income $17.8 $22.0 Tax benefit recognized in Entergy’s consolidated net income $4.6 $5.6 Compensation cost capitalized as part of fixed assets and materials and supplies $7.6 $8.7

Retirement And Other Postreti_2

Retirement And Other Postretirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2023
Defined Benefit Plan Disclosure [Line Items]
Reclassification out of Accumulated Other Comprehensive Income, amortization	Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,510 ($112) $3,398 Amortization of net gain (loss) (1,104) 2,897 (160) 1,633 Settlement loss (310) — (364) (674) ($1,414) $6,407 ($636) $4,357 Entergy Louisiana Amortization of prior service credit $— $951 $— $951 Amortization of net gain (loss) (200) 1,764 — 1,564 Settlement loss (89) — — (89) ($289) $2,715 $— $2,426 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — (6) (178) ($671) $1,344 ($1) $672 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $7,020 ($225) $6,795 Amortization of net gain (loss) (2,144) 5,796 (357) 3,295 Settlement loss (6,957) — (1,533) (8,490) ($9,101) $12,816 ($2,115) $1,600 Entergy Louisiana Amortization of prior service credit $— $1,902 $— $1,902 Amortization of net gain (loss) (398) 3,528 (1) 3,129 Settlement loss (1,529) — — (1,529) ($1,927) $5,430 ($1) $3,502 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) ($1,175) $2,688 ($2) $1,511
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $25,366 $36,977 Interest cost on projected benefit obligation 74,033 52,676 Expected return on assets (95,752) (103,085) Amortization of net loss 21,307 56,413 Settlement charges 7,246 22,653 Net pension costs $32,200 $65,634 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $51,044 $74,637 Interest cost on projected benefit obligation 149,734 103,795 Expected return on assets (193,885) (206,692) Amortization of net loss 43,654 116,992 Settlement charges 145,674 22,653 Net pension costs $196,221 $111,385
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	Entergy’s other postretirement benefits income, including amounts capitalized, for the second quarters of 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $3,664 $6,184 Interest cost on accumulated postretirement benefit obligation (APBO) 10,568 6,827 Expected return on assets (9,183) (10,855) Amortization of prior service credit (5,640) (6,388) Amortization of net (gain) loss (2,862) 1,083 Net other postretirement benefits income ($3,453) ($3,149) Entergy’s other postretirement benefits income, including amounts capitalized, for the six months ended June 30, 2023 and 2022, included the following components: 2023 2022 (In Thousands) Service cost - benefits earned during the period $7,328 $12,368 Interest cost on accumulated postretirement benefit obligation (APBO) 21,136 13,654 Expected return on assets (18,366) (21,710) Amortization of prior service credit (11,280) (12,776) Amortization of net (gain) loss (5,724) 2,166 Net other postretirement benefits income ($6,906) ($6,298)
Entergy Arkansas [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $4,661 $6,199 $1,456 $487 $1,090 $1,445 Interest cost on projected benefit obligation 13,917 14,944 3,824 1,669 3,162 3,435 Expected return on assets (17,878) (18,766) (4,635) (2,310) (4,023) (4,501) Amortization of net loss 5,763 4,992 1,627 484 1,059 1,274 Settlement charges 1,784 2,232 88 7 592 490 Net pension cost $8,247 $9,601 $2,360 $337 $1,880 $2,143 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $9,410 $12,479 $2,938 $978 $2,197 $2,912 Interest cost on projected benefit obligation 28,197 30,323 7,754 3,384 6,404 6,963 Expected return on assets (35,954) (37,999) (9,519) (4,577) (8,175) (9,039) Amortization of net loss 12,732 9,956 3,392 997 2,049 2,735 Settlement charges 23,958 38,230 11,743 1,700 10,270 5,290 Net pension cost $38,343 $52,989 $16,308 $2,482 $12,745 $8,861 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2023: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2023 pension contributions $54,468 $44,565 $21,110 $1,420 $5,314 $15,543 Pension contributions made through June 2023 $18,444 $13,518 $7,130 $355 $1,438 $5,529 Remaining estimated pension contributions to be made in 2023 $36,024 $31,047 $13,980 $1,065 $3,876 $10,014
Entergy Arkansas [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $741 $845 $220 $59 $202 $189 Interest cost on APBO 2,001 2,233 543 290 649 432 Expected return on assets (3,778) — (1,179) (1,316) (2,194) (634) Amortization of prior service cost (credit) 524 (951) (239) (229) (1,093) (73) Amortization of net (gain) loss 43 (1,764) 21 117 229 — Net other postretirement benefits cost (income) ($469) $363 ($634) ($1,079) ($2,207) ($86) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost (credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefits cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,482 $1,690 $440 $118 $404 $378 Interest cost on APBO 4,002 4,466 1,086 580 1,298 864 Expected return on assets (7,556) — (2,358) (2,632) (4,388) (1,268) Amortization of prior service cost (credit) 1,048 (1,902) (478) (458) (2,186) (146) Amortization of net (gain) loss 86 (3,528) 42 234 458 — Net other postretirement benefits cost (income) ($938) $726 ($1,268) ($2,158) ($4,414) ($172) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost (credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefits cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504)
Entergy Arkansas [Member] | Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the second quarters of 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $63 $25 $87 $33 $63 2022 $71 $26 $79 $27 $88 The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $513 $52 $639 $66 $126 2022 $143 $53 $161 $56 $303
Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Reclassification out of Accumulated Other Comprehensive Income, amortization	Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $3,510 ($112) $3,398 Amortization of net gain (loss) (1,104) 2,897 (160) 1,633 Settlement loss (310) — (364) (674) ($1,414) $6,407 ($636) $4,357 Entergy Louisiana Amortization of prior service credit $— $951 $— $951 Amortization of net gain (loss) (200) 1,764 — 1,564 Settlement loss (89) — — (89) ($289) $2,715 $— $2,426 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — (6) (178) ($671) $1,344 ($1) $672 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2023 and 2022: 2023 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $7,020 ($225) $6,795 Amortization of net gain (loss) (2,144) 5,796 (357) 3,295 Settlement loss (6,957) — (1,533) (8,490) ($9,101) $12,816 ($2,115) $1,600 Entergy Louisiana Amortization of prior service credit $— $1,902 $— $1,902 Amortization of net gain (loss) (398) 3,528 (1) 3,129 Settlement loss (1,529) — — (1,529) ($1,927) $5,430 ($1) $3,502 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) ($1,175) $2,688 ($2) $1,511
Entergy Louisiana [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $4,661 $6,199 $1,456 $487 $1,090 $1,445 Interest cost on projected benefit obligation 13,917 14,944 3,824 1,669 3,162 3,435 Expected return on assets (17,878) (18,766) (4,635) (2,310) (4,023) (4,501) Amortization of net loss 5,763 4,992 1,627 484 1,059 1,274 Settlement charges 1,784 2,232 88 7 592 490 Net pension cost $8,247 $9,601 $2,360 $337 $1,880 $2,143 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $9,410 $12,479 $2,938 $978 $2,197 $2,912 Interest cost on projected benefit obligation 28,197 30,323 7,754 3,384 6,404 6,963 Expected return on assets (35,954) (37,999) (9,519) (4,577) (8,175) (9,039) Amortization of net loss 12,732 9,956 3,392 997 2,049 2,735 Settlement charges 23,958 38,230 11,743 1,700 10,270 5,290 Net pension cost $38,343 $52,989 $16,308 $2,482 $12,745 $8,861 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2023: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2023 pension contributions $54,468 $44,565 $21,110 $1,420 $5,314 $15,543 Pension contributions made through June 2023 $18,444 $13,518 $7,130 $355 $1,438 $5,529 Remaining estimated pension contributions to be made in 2023 $36,024 $31,047 $13,980 $1,065 $3,876 $10,014
Entergy Louisiana [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $741 $845 $220 $59 $202 $189 Interest cost on APBO 2,001 2,233 543 290 649 432 Expected return on assets (3,778) — (1,179) (1,316) (2,194) (634) Amortization of prior service cost (credit) 524 (951) (239) (229) (1,093) (73) Amortization of net (gain) loss 43 (1,764) 21 117 229 — Net other postretirement benefits cost (income) ($469) $363 ($634) ($1,079) ($2,207) ($86) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost (credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefits cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,482 $1,690 $440 $118 $404 $378 Interest cost on APBO 4,002 4,466 1,086 580 1,298 864 Expected return on assets (7,556) — (2,358) (2,632) (4,388) (1,268) Amortization of prior service cost (credit) 1,048 (1,902) (478) (458) (2,186) (146) Amortization of net (gain) loss 86 (3,528) 42 234 458 — Net other postretirement benefits cost (income) ($938) $726 ($1,268) ($2,158) ($4,414) ($172) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost (credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefits cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504)
Entergy Louisiana [Member] | Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the second quarters of 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $63 $25 $87 $33 $63 2022 $71 $26 $79 $27 $88 The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $513 $52 $639 $66 $126 2022 $143 $53 $161 $56 $303
Entergy Mississippi [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $4,661 $6,199 $1,456 $487 $1,090 $1,445 Interest cost on projected benefit obligation 13,917 14,944 3,824 1,669 3,162 3,435 Expected return on assets (17,878) (18,766) (4,635) (2,310) (4,023) (4,501) Amortization of net loss 5,763 4,992 1,627 484 1,059 1,274 Settlement charges 1,784 2,232 88 7 592 490 Net pension cost $8,247 $9,601 $2,360 $337 $1,880 $2,143 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $9,410 $12,479 $2,938 $978 $2,197 $2,912 Interest cost on projected benefit obligation 28,197 30,323 7,754 3,384 6,404 6,963 Expected return on assets (35,954) (37,999) (9,519) (4,577) (8,175) (9,039) Amortization of net loss 12,732 9,956 3,392 997 2,049 2,735 Settlement charges 23,958 38,230 11,743 1,700 10,270 5,290 Net pension cost $38,343 $52,989 $16,308 $2,482 $12,745 $8,861 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2023: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2023 pension contributions $54,468 $44,565 $21,110 $1,420 $5,314 $15,543 Pension contributions made through June 2023 $18,444 $13,518 $7,130 $355 $1,438 $5,529 Remaining estimated pension contributions to be made in 2023 $36,024 $31,047 $13,980 $1,065 $3,876 $10,014
Entergy Mississippi [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $741 $845 $220 $59 $202 $189 Interest cost on APBO 2,001 2,233 543 290 649 432 Expected return on assets (3,778) — (1,179) (1,316) (2,194) (634) Amortization of prior service cost (credit) 524 (951) (239) (229) (1,093) (73) Amortization of net (gain) loss 43 (1,764) 21 117 229 — Net other postretirement benefits cost (income) ($469) $363 ($634) ($1,079) ($2,207) ($86) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost (credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefits cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,482 $1,690 $440 $118 $404 $378 Interest cost on APBO 4,002 4,466 1,086 580 1,298 864 Expected return on assets (7,556) — (2,358) (2,632) (4,388) (1,268) Amortization of prior service cost (credit) 1,048 (1,902) (478) (458) (2,186) (146) Amortization of net (gain) loss 86 (3,528) 42 234 458 — Net other postretirement benefits cost (income) ($938) $726 ($1,268) ($2,158) ($4,414) ($172) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost (credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefits cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504)
Entergy Mississippi [Member] | Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the second quarters of 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $63 $25 $87 $33 $63 2022 $71 $26 $79 $27 $88 The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $513 $52 $639 $66 $126 2022 $143 $53 $161 $56 $303
Entergy New Orleans [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $4,661 $6,199 $1,456 $487 $1,090 $1,445 Interest cost on projected benefit obligation 13,917 14,944 3,824 1,669 3,162 3,435 Expected return on assets (17,878) (18,766) (4,635) (2,310) (4,023) (4,501) Amortization of net loss 5,763 4,992 1,627 484 1,059 1,274 Settlement charges 1,784 2,232 88 7 592 490 Net pension cost $8,247 $9,601 $2,360 $337 $1,880 $2,143 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $9,410 $12,479 $2,938 $978 $2,197 $2,912 Interest cost on projected benefit obligation 28,197 30,323 7,754 3,384 6,404 6,963 Expected return on assets (35,954) (37,999) (9,519) (4,577) (8,175) (9,039) Amortization of net loss 12,732 9,956 3,392 997 2,049 2,735 Settlement charges 23,958 38,230 11,743 1,700 10,270 5,290 Net pension cost $38,343 $52,989 $16,308 $2,482 $12,745 $8,861 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2023: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2023 pension contributions $54,468 $44,565 $21,110 $1,420 $5,314 $15,543 Pension contributions made through June 2023 $18,444 $13,518 $7,130 $355 $1,438 $5,529 Remaining estimated pension contributions to be made in 2023 $36,024 $31,047 $13,980 $1,065 $3,876 $10,014
Entergy New Orleans [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $741 $845 $220 $59 $202 $189 Interest cost on APBO 2,001 2,233 543 290 649 432 Expected return on assets (3,778) — (1,179) (1,316) (2,194) (634) Amortization of prior service cost (credit) 524 (951) (239) (229) (1,093) (73) Amortization of net (gain) loss 43 (1,764) 21 117 229 — Net other postretirement benefits cost (income) ($469) $363 ($634) ($1,079) ($2,207) ($86) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost (credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefits cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,482 $1,690 $440 $118 $404 $378 Interest cost on APBO 4,002 4,466 1,086 580 1,298 864 Expected return on assets (7,556) — (2,358) (2,632) (4,388) (1,268) Amortization of prior service cost (credit) 1,048 (1,902) (478) (458) (2,186) (146) Amortization of net (gain) loss 86 (3,528) 42 234 458 — Net other postretirement benefits cost (income) ($938) $726 ($1,268) ($2,158) ($4,414) ($172) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost (credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefits cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504)
Entergy New Orleans [Member] | Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the second quarters of 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $63 $25 $87 $33 $63 2022 $71 $26 $79 $27 $88 The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $513 $52 $639 $66 $126 2022 $143 $53 $161 $56 $303
Entergy Texas [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $4,661 $6,199 $1,456 $487 $1,090 $1,445 Interest cost on projected benefit obligation 13,917 14,944 3,824 1,669 3,162 3,435 Expected return on assets (17,878) (18,766) (4,635) (2,310) (4,023) (4,501) Amortization of net loss 5,763 4,992 1,627 484 1,059 1,274 Settlement charges 1,784 2,232 88 7 592 490 Net pension cost $8,247 $9,601 $2,360 $337 $1,880 $2,143 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $9,410 $12,479 $2,938 $978 $2,197 $2,912 Interest cost on projected benefit obligation 28,197 30,323 7,754 3,384 6,404 6,963 Expected return on assets (35,954) (37,999) (9,519) (4,577) (8,175) (9,039) Amortization of net loss 12,732 9,956 3,392 997 2,049 2,735 Settlement charges 23,958 38,230 11,743 1,700 10,270 5,290 Net pension cost $38,343 $52,989 $16,308 $2,482 $12,745 $8,861 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2023: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2023 pension contributions $54,468 $44,565 $21,110 $1,420 $5,314 $15,543 Pension contributions made through June 2023 $18,444 $13,518 $7,130 $355 $1,438 $5,529 Remaining estimated pension contributions to be made in 2023 $36,024 $31,047 $13,980 $1,065 $3,876 $10,014
Entergy Texas [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $741 $845 $220 $59 $202 $189 Interest cost on APBO 2,001 2,233 543 290 649 432 Expected return on assets (3,778) — (1,179) (1,316) (2,194) (634) Amortization of prior service cost (credit) 524 (951) (239) (229) (1,093) (73) Amortization of net (gain) loss 43 (1,764) 21 117 229 — Net other postretirement benefits cost (income) ($469) $363 ($634) ($1,079) ($2,207) ($86) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost (credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefits cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,482 $1,690 $440 $118 $404 $378 Interest cost on APBO 4,002 4,466 1,086 580 1,298 864 Expected return on assets (7,556) — (2,358) (2,632) (4,388) (1,268) Amortization of prior service cost (credit) 1,048 (1,902) (478) (458) (2,186) (146) Amortization of net (gain) loss 86 (3,528) 42 234 458 — Net other postretirement benefits cost (income) ($938) $726 ($1,268) ($2,158) ($4,414) ($172) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost (credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefits cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504)
Entergy Texas [Member] | Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the second quarters of 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $63 $25 $87 $33 $63 2022 $71 $26 $79 $27 $88 The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the six months ended June 30, 2023 and 2022: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2023 $513 $52 $639 $66 $126 2022 $143 $53 $161 $56 $303
System Energy [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $4,661 $6,199 $1,456 $487 $1,090 $1,445 Interest cost on projected benefit obligation 13,917 14,944 3,824 1,669 3,162 3,435 Expected return on assets (17,878) (18,766) (4,635) (2,310) (4,023) (4,501) Amortization of net loss 5,763 4,992 1,627 484 1,059 1,274 Settlement charges 1,784 2,232 88 7 592 490 Net pension cost $8,247 $9,601 $2,360 $337 $1,880 $2,143 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $9,410 $12,479 $2,938 $978 $2,197 $2,912 Interest cost on projected benefit obligation 28,197 30,323 7,754 3,384 6,404 6,963 Expected return on assets (35,954) (37,999) (9,519) (4,577) (8,175) (9,039) Amortization of net loss 12,732 9,956 3,392 997 2,049 2,735 Settlement charges 23,958 38,230 11,743 1,700 10,270 5,290 Net pension cost $38,343 $52,989 $16,308 $2,482 $12,745 $8,861 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2023: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2023 pension contributions $54,468 $44,565 $21,110 $1,420 $5,314 $15,543 Pension contributions made through June 2023 $18,444 $13,518 $7,130 $355 $1,438 $5,529 Remaining estimated pension contributions to be made in 2023 $36,024 $31,047 $13,980 $1,065 $3,876 $10,014
System Energy [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the second quarters of 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $741 $845 $220 $59 $202 $189 Interest cost on APBO 2,001 2,233 543 290 649 432 Expected return on assets (3,778) — (1,179) (1,316) (2,194) (634) Amortization of prior service cost (credit) 524 (951) (239) (229) (1,093) (73) Amortization of net (gain) loss 43 (1,764) 21 117 229 — Net other postretirement benefits cost (income) ($469) $363 ($634) ($1,079) ($2,207) ($86) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost (credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefits cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) The Registrant Subsidiaries’ other postretirement benefits cost (income), including amounts capitalized, for their current and former employees for the six months ended June 30, 2023 and 2022, included the following components: 2023 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,482 $1,690 $440 $118 $404 $378 Interest cost on APBO 4,002 4,466 1,086 580 1,298 864 Expected return on assets (7,556) — (2,358) (2,632) (4,388) (1,268) Amortization of prior service cost (credit) 1,048 (1,902) (478) (458) (2,186) (146) Amortization of net (gain) loss 86 (3,528) 42 234 458 — Net other postretirement benefits cost (income) ($938) $726 ($1,268) ($2,158) ($4,414) ($172) 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost (credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefits cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504)

Business Segment Information (T

Business Segment Information (Tables)	6 Months Ended
	Jun. 30, 2023
Entergy Corporation [Member]
Segment Financial Information	Entergy’s segment financial information for the second quarters of 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $2,818,747 $27,287 ($8) $2,846,026 Income taxes $144,489 ($9,693) $— $134,796 Consolidated net income (loss) $514,498 ($40,559) ($81,925) $392,014 2022 Operating revenues $3,306,269 $88,933 ($6) $3,395,196 Income taxes ($371,704) $12,061 $— ($359,643) Consolidated net income (loss) $156,548 $50,714 ($43,251) $164,011 Entergy’s segment financial information for the six months ended June 30, 2023 and 2022 was as follows: Utility Parent & Other Eliminations Consolidated (In Thousands) 2023 Operating revenues $5,766,738 $60,358 ($11) $5,827,085 Income taxes $78,363 ($22,542) $— $55,821 Consolidated net income (loss) $912,664 ($70,953) ($137,399) $704,312 Total assets as of June 30, 2023 $64,059,477 $855,229 ($5,197,470) $59,717,236 2022 Operating revenues $6,034,425 $238,711 ($14) $6,273,122 Income taxes ($296,346) $3,201 $— ($293,145) Consolidated net income (loss) $499,704 $19,097 ($75,197) $443,604 Total assets as of December 31, 2022 $61,399,243 $884,442 ($3,688,494) $58,595,191 Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment.

Risk Management And Fair Valu_2

Risk Management And Fair Values (Tables)	6 Months Ended
	Jun. 30, 2023
Fair Values Of Derivative Instruments	The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheet as of June 30, 2023 and December 31, 2022 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) (In Millions) 2023 Assets: Natural gas swaps and options Prepayments and other $2 $— $ 2 Financial transmission rights Prepayments and other $44 ($4) $ 40 Liabilities: Natural gas swaps and options Other current liabilities $12 $— $ 12 2022 Assets: Natural gas swaps and options Prepayments and other $13 $— $ 13 Natural gas swaps and options Other deferred debits and other assets $3 $— $ 3 Financial transmission rights Prepayments and other $21 ($2) $ 19 Liabilities: Natural gas swaps and options Other current liabilities $25 $— $ 25 (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets (d) Excludes cash collateral in the amount of $8 million posted as of December 31, 2022. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2023 and $3 million posted as of December 31, 2022.
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $ 32 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 23 Financial transmission rights Purchased power expense (b) $ 37 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($38) Financial transmission rights Purchased power expense (b) $ 48 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $ 78 Financial transmission rights Purchased power expense (b) $ 60 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses
Assets and liabilities at fair value on a recurring basis	The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect its placement within the fair value hierarchy levels. 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $1,127 $— $— $1,127 Decommissioning trust funds (a): Equity securities 19 — — 19 Debt securities 586 1,121 — 1,707 Common trusts (b) 2,834 Securitization recovery trust account 5 — — 5 Storm reserve escrow accounts 411 — — 411 Gas hedge contracts 2 — — 2 Financial transmission rights — — 40 40 $2,150 $1,121 $40 $6,145 Liabilities: Gas hedge contracts $12 $— $— $12 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $109 $— $— $109 Decommissioning trust funds (a): Equity securities 24 — — 24 Debt securities 534 1,122 — 1,656 Common trusts (b) 2,442 Securitization recovery trust account 13 — — 13 Storm reserve escrow accounts 402 — — 402 Gas hedge contracts 13 3 — 16 Financial transmission rights — — 19 19 $1,095 $1,125 $19 $4,681 Liabilities: Gas hedge contracts $25 $— $— $25 (a) The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices. Fixed income securities are held in various governmental and corporate securities. See Note 9 to the financial statements herein for additional information on the investment portfolios. (b) Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of April 1, $7 $1 Total gains (losses) for the period Included as a regulatory liability/asset 23 32 Issuances of financial transmission rights 42 16 Settlements (32) (37) Balance as of June 30, $40 $12 The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023 and 2022: 2023 2022 (In Millions) Balance as of January 1, $19 $4 Total gains (losses) for the period Included as a regulatory liability/asset 27 52 Issuances of financial transmission rights 42 16 Settlements (48) (60) Balance as of June 30, $40 $12
Entergy Arkansas [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2023 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.1 $— $ 2.1 Entergy Louisiana Financial transmission rights Prepayments and other $19.8 ($0.2) $ 19.6 Entergy Arkansas Financial transmission rights Prepayments and other $16.9 ($0.2) $ 16.7 Entergy Louisiana Financial transmission rights Prepayments and other $2.0 ($0.8) $ 1.2 Entergy Mississippi Financial transmission rights Prepayments and other $1.6 ($0.1) $ 1.5 Entergy New Orleans Financial transmission rights Prepayments and other $3.5 ($2.3) $ 1.2 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $12.6 $— $ 12.6 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $13.1 $— $ 13.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $3.4 $— $ 3.4 Entergy Louisiana Financial transmission rights Prepayments and other $10.3 $— $ 10.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.7 ($0.4) $ 7.3 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $ 0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.8 $— $ 0.8 Entergy New Orleans Financial transmission rights Prepayments and other $1.2 ($1.1) $ 0.1 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $24.0 $— $ 24.0 Entergy Mississippi Natural gas swaps Other current liabilities $1.5 $— $ 1.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2023, letters of credit posted with MISO covered financial transmission rights exposure of $5.9 million for Entergy Arkansas. As of December 31, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $2.4 million for Entergy Texas.
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.1 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 19.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.5 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 3.5 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 1.0 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($5.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($29.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 8.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 28.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 4.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.2 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.9 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 23.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 25.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.9 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.
Assets and liabilities at fair value on a recurring basis	Entergy Arkansas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.9 $— $— $3.9 Decommissioning trust funds (a): Equity securities 1.6 — — 1.6 Debt securities 135.7 349.1 — 484.8 Common trusts (b) 840.2 Financial transmission rights — — 19.6 19.6 $141.2 $349.1 $19.6 $1,350.1 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $3.4 $— $— $3.4 Decommissioning trust funds (a): Equity securities 4.5 — — 4.5 Debt securities 126.8 343.9 — 470.7 Common trusts (b) 724.7 Financial transmission rights — — 10.3 10.3 $134.7 $343.9 $10.3 $1,213.6
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $4.0 $2.5 $0.2 $0.3 ($0.1) Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (0.9) 15.6 2.6 1.3 4.6 Settlements (4.1) (19.5) (3.0) (1.5) (3.5) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $10.3 $7.3 $0.6 $0.8 $0.1 Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (3.3) 19.6 3.7 1.7 5.1 Settlements (8.0) (28.3) (4.5) (2.4) (4.2) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5
Entergy Louisiana [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2023 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.1 $— $ 2.1 Entergy Louisiana Financial transmission rights Prepayments and other $19.8 ($0.2) $ 19.6 Entergy Arkansas Financial transmission rights Prepayments and other $16.9 ($0.2) $ 16.7 Entergy Louisiana Financial transmission rights Prepayments and other $2.0 ($0.8) $ 1.2 Entergy Mississippi Financial transmission rights Prepayments and other $1.6 ($0.1) $ 1.5 Entergy New Orleans Financial transmission rights Prepayments and other $3.5 ($2.3) $ 1.2 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $12.6 $— $ 12.6 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $13.1 $— $ 13.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $3.4 $— $ 3.4 Entergy Louisiana Financial transmission rights Prepayments and other $10.3 $— $ 10.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.7 ($0.4) $ 7.3 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $ 0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.8 $— $ 0.8 Entergy New Orleans Financial transmission rights Prepayments and other $1.2 ($1.1) $ 0.1 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $24.0 $— $ 24.0 Entergy Mississippi Natural gas swaps Other current liabilities $1.5 $— $ 1.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2023, letters of credit posted with MISO covered financial transmission rights exposure of $5.9 million for Entergy Arkansas. As of December 31, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $2.4 million for Entergy Texas.
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.1 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 19.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.5 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 3.5 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 1.0 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($5.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($29.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 8.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 28.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 4.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.2 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.9 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 23.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 25.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.9 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.
Assets and liabilities at fair value on a recurring basis	Entergy Louisiana 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $856.8 $— $— $856.8 Decommissioning trust funds (a): Equity securities 14.4 — — 14.4 Debt securities 249.5 503.9 — 753.4 Common trusts (b) 1,205.3 Storm reserve escrow account 300.0 — — 300.0 Gas hedge contracts 2.1 — — 2.1 Financial transmission rights — — 16.7 16.7 $1,422.8 $503.9 $16.7 $3,148.7 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $6.3 $— $— $6.3 Decommissioning trust funds (a): Equity securities 16.8 — — 16.8 Debt securities 209.4 515.7 — 725.1 Common trusts (b) 1,037.2 Storm reserve escrow account 293.4 — — 293.4 Gas hedge contracts 13.1 3.4 — 16.5 Financial transmission rights — — 7.3 7.3 $539.0 $519.1 $7.3 $2,102.6
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $4.0 $2.5 $0.2 $0.3 ($0.1) Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (0.9) 15.6 2.6 1.3 4.6 Settlements (4.1) (19.5) (3.0) (1.5) (3.5) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $10.3 $7.3 $0.6 $0.8 $0.1 Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (3.3) 19.6 3.7 1.7 5.1 Settlements (8.0) (28.3) (4.5) (2.4) (4.2) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5
Entergy Mississippi [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2023 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.1 $— $ 2.1 Entergy Louisiana Financial transmission rights Prepayments and other $19.8 ($0.2) $ 19.6 Entergy Arkansas Financial transmission rights Prepayments and other $16.9 ($0.2) $ 16.7 Entergy Louisiana Financial transmission rights Prepayments and other $2.0 ($0.8) $ 1.2 Entergy Mississippi Financial transmission rights Prepayments and other $1.6 ($0.1) $ 1.5 Entergy New Orleans Financial transmission rights Prepayments and other $3.5 ($2.3) $ 1.2 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $12.6 $— $ 12.6 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $13.1 $— $ 13.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $3.4 $— $ 3.4 Entergy Louisiana Financial transmission rights Prepayments and other $10.3 $— $ 10.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.7 ($0.4) $ 7.3 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $ 0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.8 $— $ 0.8 Entergy New Orleans Financial transmission rights Prepayments and other $1.2 ($1.1) $ 0.1 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $24.0 $— $ 24.0 Entergy Mississippi Natural gas swaps Other current liabilities $1.5 $— $ 1.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2023, letters of credit posted with MISO covered financial transmission rights exposure of $5.9 million for Entergy Arkansas. As of December 31, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $2.4 million for Entergy Texas.
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.1 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 19.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.5 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 3.5 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 1.0 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($5.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($29.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 8.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 28.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 4.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.2 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.9 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 23.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 25.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.9 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.
Assets and liabilities at fair value on a recurring basis	Entergy Mississippi 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $8.4 $— $— $8.4 Storm reserve escrow account 34.3 — — 34.3 Financial transmission rights — — 1.2 1.2 $42.7 $— $1.2 $43.9 Liabilities: Gas hedge contracts $12.6 $— $— $12.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $17.0 $— $— $17.0 Storm reserve escrow account 33.5 — — 33.5 Financial transmission rights — — 0.6 0.6 $50.5 $— $0.6 $51.1 Liabilities: Gas hedge contracts $24.0 $— $— $24.0
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $4.0 $2.5 $0.2 $0.3 ($0.1) Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (0.9) 15.6 2.6 1.3 4.6 Settlements (4.1) (19.5) (3.0) (1.5) (3.5) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $10.3 $7.3 $0.6 $0.8 $0.1 Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (3.3) 19.6 3.7 1.7 5.1 Settlements (8.0) (28.3) (4.5) (2.4) (4.2) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5
Entergy New Orleans [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2023 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.1 $— $ 2.1 Entergy Louisiana Financial transmission rights Prepayments and other $19.8 ($0.2) $ 19.6 Entergy Arkansas Financial transmission rights Prepayments and other $16.9 ($0.2) $ 16.7 Entergy Louisiana Financial transmission rights Prepayments and other $2.0 ($0.8) $ 1.2 Entergy Mississippi Financial transmission rights Prepayments and other $1.6 ($0.1) $ 1.5 Entergy New Orleans Financial transmission rights Prepayments and other $3.5 ($2.3) $ 1.2 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $12.6 $— $ 12.6 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $13.1 $— $ 13.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $3.4 $— $ 3.4 Entergy Louisiana Financial transmission rights Prepayments and other $10.3 $— $ 10.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.7 ($0.4) $ 7.3 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $ 0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.8 $— $ 0.8 Entergy New Orleans Financial transmission rights Prepayments and other $1.2 ($1.1) $ 0.1 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $24.0 $— $ 24.0 Entergy Mississippi Natural gas swaps Other current liabilities $1.5 $— $ 1.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2023, letters of credit posted with MISO covered financial transmission rights exposure of $5.9 million for Entergy Arkansas. As of December 31, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $2.4 million for Entergy Texas.
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.1 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 19.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.5 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 3.5 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 1.0 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($5.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($29.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 8.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 28.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 4.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.2 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.9 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 23.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 25.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.9 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.
Assets and liabilities at fair value on a recurring basis	Entergy New Orleans 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $141.3 $— $— $141.3 Securitization recovery trust account 1.7 — — 1.7 Storm reserve escrow account 76.7 — — 76.7 Financial transmission rights — — 1.5 1.5 $219.7 $— $1.5 $221.2 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $4.4 $— $— $4.4 Securitization recovery trust account 2.2 — — 2.2 Storm reserve escrow account 75.0 — — 75.0 Financial transmission rights — — 0.8 0.8 $81.6 $— $0.8 $82.4 Liabilities: Gas hedge contracts $1.5 $— $— $1.5
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $4.0 $2.5 $0.2 $0.3 ($0.1) Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (0.9) 15.6 2.6 1.3 4.6 Settlements (4.1) (19.5) (3.0) (1.5) (3.5) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $10.3 $7.3 $0.6 $0.8 $0.1 Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (3.3) 19.6 3.7 1.7 5.1 Settlements (8.0) (28.3) (4.5) (2.4) (4.2) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5
Entergy Texas [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2023 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.1 $— $ 2.1 Entergy Louisiana Financial transmission rights Prepayments and other $19.8 ($0.2) $ 19.6 Entergy Arkansas Financial transmission rights Prepayments and other $16.9 ($0.2) $ 16.7 Entergy Louisiana Financial transmission rights Prepayments and other $2.0 ($0.8) $ 1.2 Entergy Mississippi Financial transmission rights Prepayments and other $1.6 ($0.1) $ 1.5 Entergy New Orleans Financial transmission rights Prepayments and other $3.5 ($2.3) $ 1.2 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $12.6 $— $ 12.6 Entergy Mississippi The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2022 were as follows: Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $13.1 $— $ 13.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $3.4 $— $ 3.4 Entergy Louisiana Financial transmission rights Prepayments and other $10.3 $— $ 10.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.7 ($0.4) $ 7.3 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $ 0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.8 $— $ 0.8 Entergy New Orleans Financial transmission rights Prepayments and other $1.2 ($1.1) $ 0.1 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $24.0 $— $ 24.0 Entergy Mississippi Natural gas swaps Other current liabilities $1.5 $— $ 1.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2023, letters of credit posted with MISO covered financial transmission rights exposure of $5.9 million for Entergy Arkansas. As of December 31, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $2.4 million for Entergy Texas.
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 0.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.2) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.1 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 19.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.5 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 3.5 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 1.0 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2023 and 2022 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2023 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($5.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($29.8) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($2.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 8.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 28.3 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 4.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.2 (b) Entergy Texas 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $ 19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $ 0.9 (a) Entergy New Orleans Financial transmission rights Purchased power expense $ 23.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $ 25.5 (b) Entergy Louisiana Financial transmission rights Purchased power expense $ 3.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $ 2.4 (b) Entergy New Orleans Financial transmission rights Purchased power expense $ 4.9 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.
Assets and liabilities at fair value on a recurring basis	Entergy Texas 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $2.8 $— $— $2.8 Securitization recovery trust account 3.6 — — 3.6 Financial transmission rights — — 1.2 1.2 $6.4 $— $1.2 $7.6 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $3.0 $— $— $3.0 Securitization recovery trust account 10.9 — — 10.9 Financial transmission rights — — 0.1 0.1 $13.9 $— $0.1 $14.0
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $4.0 $2.5 $0.2 $0.3 ($0.1) Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (0.9) 15.6 2.6 1.3 4.6 Settlements (4.1) (19.5) (3.0) (1.5) (3.5) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2023. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $10.3 $7.3 $0.6 $0.8 $0.1 Issuances of financial transmission rights 20.6 18.1 1.4 1.4 0.2 Gains (losses) included as a regulatory liability/asset (3.3) 19.6 3.7 1.7 5.1 Settlements (8.0) (28.3) (4.5) (2.4) (4.2) Balance as of June 30, $19.6 $16.7 $1.2 $1.5 $1.2 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5
System Energy [Member]
Assets and liabilities at fair value on a recurring basis	System Energy 2023 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $46.2 $— $— $46.2 Decommissioning trust funds (a): Equity securities 2.5 — — 2.5 Debt securities 200.7 268.4 — 469.1 Common trusts (b) 788.7 $249.4 $268.4 $— $1,306.5 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $2.9 $— $— $2.9 Decommissioning trust funds (a): Equity securities 2.8 — — 2.8 Debt securities 197.5 262.2 — 459.7 Common trusts (b) 680.4 $203.2 $262.2 $— $1,145.8

Decommissioning Trust Funds (Ta

Decommissioning Trust Funds (Tables)	6 Months Ended
	Jun. 30, 2023
Securities Held	The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $1,707 $5 $172 2022 Debt Securities $1,655 $4 $201
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $583 $21 $840 $63 More than 12 months 922 151 666 138 Total $1,505 $172 $1,506 $201
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $106 $62 1 year - 5 years 490 520 5 years - 10 years 481 461 10 years - 15 years 116 117 15 years - 20 years 156 161 20 years+ 358 334 Total $1,707 $1,655
Entergy Arkansas [Member]
Securities Held	The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $484.8 $0.4 $62.4 2022 Debt Securities $470.7 $0.2 $69.3
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $75.0 $2.2 $197.6 $18.8 More than 12 months 379.7 60.2 260.1 50.5 Total $454.7 $62.4 $457.7 $69.3
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $38.9 $21.2 1 year - 5 years 146.7 159.7 5 years - 10 years 194.7 191.7 10 years - 15 years 42.1 38.0 15 years - 20 years 42.1 42.6 20 years+ 20.3 17.5 Total $484.8 $470.7
Entergy Louisiana [Member]
Securities Held	The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $753.4 $3.4 $54.1 2022 Debt Securities $725.1 $3.5 $67.5
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $312.5 $9.5 $409.9 $24.6 More than 12 months 302.5 44.6 207.5 42.9 Total $615.0 $54.1 $617.4 $67.5
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $45.6 $33.6 1 year - 5 years 153.3 159.1 5 years - 10 years 170.0 161.7 10 years - 15 years 68.9 67.1 15 years - 20 years 77.2 83.3 20 years+ 238.4 220.3 Total $753.4 $725.1
System Energy [Member]
Securities Held	The available-for-sale securities held as of June 30, 2023 and December 31, 2022 are summarized as follows: Fair Total Total (In Millions) 2023 Debt Securities $469.1 $0.8 $55.1 2022 Debt Securities $459.7 $0.7 $63.7
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Fair Gross Fair Gross (In Millions) Less than 12 months $195.8 $9.5 $231.9 $19.2 More than 12 months 239.4 45.6 198.0 44.5 Total $435.2 $55.1 $429.9 $63.7
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2023 and December 31, 2022 were as follows: 2023 2022 (In Millions) Less than 1 year $21.0 $6.8 1 year - 5 years 190.1 201.7 5 years - 10 years 115.8 107.1 10 years - 15 years 4.8 11.7 15 years - 20 years 36.3 35.0 20 years+ 101.1 97.4 Total $469.1 $459.7

Revenue Recognition Revenue Rec

Revenue Recognition Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2023
Disaggregation of Revenue [Table Text Block]	Entergy’s total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $951,424 $1,035,063 Commercial 692,788 715,665 Industrial 750,177 878,194 Governmental 63,816 67,101 Total billed retail 2,458,205 2,696,023 Sales for resale (a) 68,262 249,035 Other electric revenues (b) 247,331 302,351 Revenues from contracts with customers 2,773,798 3,247,409 Other Utility revenues (c) 11,446 10,846 Electric revenues 2,785,244 3,258,255 Natural gas revenues 33,503 48,008 Other revenues (d) 27,279 88,933 Total operating revenues $2,846,026 $3,395,196 Entergy’s total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 2022 (In Thousands) Utility: Residential $1,992,883 $2,021,085 Commercial 1,407,089 1,350,290 Industrial 1,613,899 1,621,828 Governmental 131,153 124,395 Total billed retail 5,145,024 5,117,598 Sales for resale (a) 176,209 377,994 Other electric revenues (b) 291,788 396,231 Revenues from contracts with customers 5,613,021 5,891,823 Other Utility revenues (c) 55,633 22,208 Electric revenues 5,668,654 5,914,031 Natural gas revenues 98,084 120,369 Other revenues (d) 60,347 238,722 Total operating revenues $5,827,085 $6,273,122
Allowance for Doubtful Accounts	The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2023 and 2022. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2022 $30.9 $6.5 $7.6 $2.5 $11.9 $2.4 Provisions 15.5 3.2 7.0 2.1 0.7 2.5 Write-offs (51.5) (13.2) (21.4) (3.7) (6.5) (6.7) Recoveries 26.9 8.7 11.7 1.5 1.5 3.5 Balance as of June 30, 2023 $21.8 $5.2 $4.9 $2.4 $7.6 $1.7 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy Arkansas [Member]
Disaggregation of Revenue [Table Text Block]	The Utility operating companies’ total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $204,808 $334,246 $163,001 $68,535 $180,834 Commercial 136,591 253,365 142,997 56,095 103,740 Industrial 153,817 407,045 54,738 7,562 127,015 Governmental 4,945 19,407 14,971 17,896 6,597 Total billed retail 500,161 1,014,063 375,707 150,088 418,186 Sales for resale (a) 48,266 80,248 26,073 11,075 1,986 Other electric revenues (b) 65,807 91,372 40,966 5,667 44,861 Revenues from contracts with customers 614,234 1,185,683 442,746 166,830 465,033 Other revenues (c) 2,113 6,226 2,384 1,386 (603) Electric revenues 616,347 1,191,909 445,130 168,216 464,430 Natural gas revenues — 13,703 — 19,800 — Total operating revenues $616,347 $1,205,612 $445,130 $188,016 $464,430 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas revenues — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 The Utility operating companies’ total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $444,307 $694,892 $332,390 $132,101 $389,193 Commercial 261,927 531,543 276,673 110,164 226,782 Industrial 285,053 916,949 106,153 14,975 290,769 Governmental 9,605 42,481 28,854 35,694 14,519 Total billed retail 1,000,892 2,185,865 744,070 292,934 921,263 Sales for resale (a) 114,283 163,484 64,816 35,985 4,431 Other electric revenues (b) 79,524 117,939 43,840 6,084 47,085 Revenues from contracts with customers 1,194,699 2,467,288 852,726 335,003 972,779 Other revenues (c) 4,397 44,373 4,832 2,908 (843) Electric revenues 1,199,096 2,511,661 857,558 337,911 971,936 Natural gas revenues — 39,159 — 58,925 — Total operating revenues $1,199,096 $2,550,820 $857,558 $396,836 $971,936 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas revenues — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 (a) Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators. (c) Other Utility revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. (d) Other revenues include competitive business sales including day-ahead sales of energy in a market administered by an ISO, operation and management services fees, and amortization of a below-market power purchase agreement.
Allowance for Doubtful Accounts	The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2023 and 2022. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2022 $30.9 $6.5 $7.6 $2.5 $11.9 $2.4 Provisions 15.5 3.2 7.0 2.1 0.7 2.5 Write-offs (51.5) (13.2) (21.4) (3.7) (6.5) (6.7) Recoveries 26.9 8.7 11.7 1.5 1.5 3.5 Balance as of June 30, 2023 $21.8 $5.2 $4.9 $2.4 $7.6 $1.7 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy Louisiana [Member]
Disaggregation of Revenue [Table Text Block]	The Utility operating companies’ total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $204,808 $334,246 $163,001 $68,535 $180,834 Commercial 136,591 253,365 142,997 56,095 103,740 Industrial 153,817 407,045 54,738 7,562 127,015 Governmental 4,945 19,407 14,971 17,896 6,597 Total billed retail 500,161 1,014,063 375,707 150,088 418,186 Sales for resale (a) 48,266 80,248 26,073 11,075 1,986 Other electric revenues (b) 65,807 91,372 40,966 5,667 44,861 Revenues from contracts with customers 614,234 1,185,683 442,746 166,830 465,033 Other revenues (c) 2,113 6,226 2,384 1,386 (603) Electric revenues 616,347 1,191,909 445,130 168,216 464,430 Natural gas revenues — 13,703 — 19,800 — Total operating revenues $616,347 $1,205,612 $445,130 $188,016 $464,430 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas revenues — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 The Utility operating companies’ total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $444,307 $694,892 $332,390 $132,101 $389,193 Commercial 261,927 531,543 276,673 110,164 226,782 Industrial 285,053 916,949 106,153 14,975 290,769 Governmental 9,605 42,481 28,854 35,694 14,519 Total billed retail 1,000,892 2,185,865 744,070 292,934 921,263 Sales for resale (a) 114,283 163,484 64,816 35,985 4,431 Other electric revenues (b) 79,524 117,939 43,840 6,084 47,085 Revenues from contracts with customers 1,194,699 2,467,288 852,726 335,003 972,779 Other revenues (c) 4,397 44,373 4,832 2,908 (843) Electric revenues 1,199,096 2,511,661 857,558 337,911 971,936 Natural gas revenues — 39,159 — 58,925 — Total operating revenues $1,199,096 $2,550,820 $857,558 $396,836 $971,936 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas revenues — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 (a) Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators. (c) Other Utility revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. (d) Other revenues include competitive business sales including day-ahead sales of energy in a market administered by an ISO, operation and management services fees, and amortization of a below-market power purchase agreement.
Allowance for Doubtful Accounts	The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2023 and 2022. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2022 $30.9 $6.5 $7.6 $2.5 $11.9 $2.4 Provisions 15.5 3.2 7.0 2.1 0.7 2.5 Write-offs (51.5) (13.2) (21.4) (3.7) (6.5) (6.7) Recoveries 26.9 8.7 11.7 1.5 1.5 3.5 Balance as of June 30, 2023 $21.8 $5.2 $4.9 $2.4 $7.6 $1.7 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy Mississippi [Member]
Disaggregation of Revenue [Table Text Block]	The Utility operating companies’ total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $204,808 $334,246 $163,001 $68,535 $180,834 Commercial 136,591 253,365 142,997 56,095 103,740 Industrial 153,817 407,045 54,738 7,562 127,015 Governmental 4,945 19,407 14,971 17,896 6,597 Total billed retail 500,161 1,014,063 375,707 150,088 418,186 Sales for resale (a) 48,266 80,248 26,073 11,075 1,986 Other electric revenues (b) 65,807 91,372 40,966 5,667 44,861 Revenues from contracts with customers 614,234 1,185,683 442,746 166,830 465,033 Other revenues (c) 2,113 6,226 2,384 1,386 (603) Electric revenues 616,347 1,191,909 445,130 168,216 464,430 Natural gas revenues — 13,703 — 19,800 — Total operating revenues $616,347 $1,205,612 $445,130 $188,016 $464,430 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas revenues — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 The Utility operating companies’ total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $444,307 $694,892 $332,390 $132,101 $389,193 Commercial 261,927 531,543 276,673 110,164 226,782 Industrial 285,053 916,949 106,153 14,975 290,769 Governmental 9,605 42,481 28,854 35,694 14,519 Total billed retail 1,000,892 2,185,865 744,070 292,934 921,263 Sales for resale (a) 114,283 163,484 64,816 35,985 4,431 Other electric revenues (b) 79,524 117,939 43,840 6,084 47,085 Revenues from contracts with customers 1,194,699 2,467,288 852,726 335,003 972,779 Other revenues (c) 4,397 44,373 4,832 2,908 (843) Electric revenues 1,199,096 2,511,661 857,558 337,911 971,936 Natural gas revenues — 39,159 — 58,925 — Total operating revenues $1,199,096 $2,550,820 $857,558 $396,836 $971,936 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas revenues — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 (a) Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators. (c) Other Utility revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. (d) Other revenues include competitive business sales including day-ahead sales of energy in a market administered by an ISO, operation and management services fees, and amortization of a below-market power purchase agreement.
Allowance for Doubtful Accounts	The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2023 and 2022. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2022 $30.9 $6.5 $7.6 $2.5 $11.9 $2.4 Provisions 15.5 3.2 7.0 2.1 0.7 2.5 Write-offs (51.5) (13.2) (21.4) (3.7) (6.5) (6.7) Recoveries 26.9 8.7 11.7 1.5 1.5 3.5 Balance as of June 30, 2023 $21.8 $5.2 $4.9 $2.4 $7.6 $1.7 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy New Orleans [Member]
Disaggregation of Revenue [Table Text Block]	The Utility operating companies’ total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $204,808 $334,246 $163,001 $68,535 $180,834 Commercial 136,591 253,365 142,997 56,095 103,740 Industrial 153,817 407,045 54,738 7,562 127,015 Governmental 4,945 19,407 14,971 17,896 6,597 Total billed retail 500,161 1,014,063 375,707 150,088 418,186 Sales for resale (a) 48,266 80,248 26,073 11,075 1,986 Other electric revenues (b) 65,807 91,372 40,966 5,667 44,861 Revenues from contracts with customers 614,234 1,185,683 442,746 166,830 465,033 Other revenues (c) 2,113 6,226 2,384 1,386 (603) Electric revenues 616,347 1,191,909 445,130 168,216 464,430 Natural gas revenues — 13,703 — 19,800 — Total operating revenues $616,347 $1,205,612 $445,130 $188,016 $464,430 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas revenues — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 The Utility operating companies’ total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $444,307 $694,892 $332,390 $132,101 $389,193 Commercial 261,927 531,543 276,673 110,164 226,782 Industrial 285,053 916,949 106,153 14,975 290,769 Governmental 9,605 42,481 28,854 35,694 14,519 Total billed retail 1,000,892 2,185,865 744,070 292,934 921,263 Sales for resale (a) 114,283 163,484 64,816 35,985 4,431 Other electric revenues (b) 79,524 117,939 43,840 6,084 47,085 Revenues from contracts with customers 1,194,699 2,467,288 852,726 335,003 972,779 Other revenues (c) 4,397 44,373 4,832 2,908 (843) Electric revenues 1,199,096 2,511,661 857,558 337,911 971,936 Natural gas revenues — 39,159 — 58,925 — Total operating revenues $1,199,096 $2,550,820 $857,558 $396,836 $971,936 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas revenues — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 (a) Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators. (c) Other Utility revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. (d) Other revenues include competitive business sales including day-ahead sales of energy in a market administered by an ISO, operation and management services fees, and amortization of a below-market power purchase agreement.
Allowance for Doubtful Accounts	The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2023 and 2022. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2022 $30.9 $6.5 $7.6 $2.5 $11.9 $2.4 Provisions 15.5 3.2 7.0 2.1 0.7 2.5 Write-offs (51.5) (13.2) (21.4) (3.7) (6.5) (6.7) Recoveries 26.9 8.7 11.7 1.5 1.5 3.5 Balance as of June 30, 2023 $21.8 $5.2 $4.9 $2.4 $7.6 $1.7 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy Texas [Member]
Disaggregation of Revenue [Table Text Block]	The Utility operating companies’ total revenues for the three months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $204,808 $334,246 $163,001 $68,535 $180,834 Commercial 136,591 253,365 142,997 56,095 103,740 Industrial 153,817 407,045 54,738 7,562 127,015 Governmental 4,945 19,407 14,971 17,896 6,597 Total billed retail 500,161 1,014,063 375,707 150,088 418,186 Sales for resale (a) 48,266 80,248 26,073 11,075 1,986 Other electric revenues (b) 65,807 91,372 40,966 5,667 44,861 Revenues from contracts with customers 614,234 1,185,683 442,746 166,830 465,033 Other revenues (c) 2,113 6,226 2,384 1,386 (603) Electric revenues 616,347 1,191,909 445,130 168,216 464,430 Natural gas revenues — 13,703 — 19,800 — Total operating revenues $616,347 $1,205,612 $445,130 $188,016 $464,430 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas revenues — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 The Utility operating companies’ total revenues for the six months ended June 30, 2023 and 2022 were as follows: 2023 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $444,307 $694,892 $332,390 $132,101 $389,193 Commercial 261,927 531,543 276,673 110,164 226,782 Industrial 285,053 916,949 106,153 14,975 290,769 Governmental 9,605 42,481 28,854 35,694 14,519 Total billed retail 1,000,892 2,185,865 744,070 292,934 921,263 Sales for resale (a) 114,283 163,484 64,816 35,985 4,431 Other electric revenues (b) 79,524 117,939 43,840 6,084 47,085 Revenues from contracts with customers 1,194,699 2,467,288 852,726 335,003 972,779 Other revenues (c) 4,397 44,373 4,832 2,908 (843) Electric revenues 1,199,096 2,511,661 857,558 337,911 971,936 Natural gas revenues — 39,159 — 58,925 — Total operating revenues $1,199,096 $2,550,820 $857,558 $396,836 $971,936 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas revenues — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 (a) Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators. (c) Other Utility revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. (d) Other revenues include competitive business sales including day-ahead sales of energy in a market administered by an ISO, operation and management services fees, and amortization of a below-market power purchase agreement.
Allowance for Doubtful Accounts	The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2023 and 2022. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2022 $30.9 $6.5 $7.6 $2.5 $11.9 $2.4 Provisions 15.5 3.2 7.0 2.1 0.7 2.5 Write-offs (51.5) (13.2) (21.4) (3.7) (6.5) (6.7) Recoveries 26.9 8.7 11.7 1.5 1.5 3.5 Balance as of June 30, 2023 $21.8 $5.2 $4.9 $2.4 $7.6 $1.7 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.

Commitments and Contingencies C

Commitments and Contingencies Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended		6 Months Ended
	Jul. 31, 2023	Mar. 31, 2023	Jun. 30, 2023	Jun. 30, 2022
Loss Contingencies [Line Items]
Litigation proceeds for reimbursement of spent nuclear fuel storage costs			$ 17,933	$ 32,367
Indian Point | Subsequent Event [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party	$ 59,000
Entergy Arkansas [Member]
Loss Contingencies [Line Items]
Litigation proceeds for reimbursement of spent nuclear fuel storage costs			$ 17,933	$ 0
Entergy Arkansas [Member] | ANO
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party		$ 41,000
Damages awarded for previously recorded operation and maintenance		10,000
Damages awarded for previously recorded taxes other than income taxes		2,000
Damages awarded for previously capitalized nuclear fuel expense [Abstract]		8,000
Damages awarded for previously recorded materials and supplies [Abstract]		3,000
Damages awarded for previously recorded nuclear fuel expense		$ 18,000

Rate And Regulatory Matters (Na

Rate And Regulatory Matters (Narrative) (Details)	1 Months Ended																3 Months Ended	6 Months Ended		9 Months Ended	12 Months Ended					13 Months Ended	36 Months Ended	57 Months Ended
	Aug. 31, 2023 USD ($)	Jul. 31, 2023 USD ($)	Jun. 30, 2023 USD ($) $ / unit	May 31, 2023 USD ($)	Apr. 30, 2023 USD ($)	Mar. 31, 2023 USD ($) shares	Jan. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Nov. 30, 2022 USD ($)	Oct. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Aug. 31, 2022 USD ($)	Jul. 31, 2022 USD ($)	Apr. 30, 2022 USD ($)	Mar. 31, 2021	Dec. 31, 1988	Mar. 31, 2023 USD ($) shares	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2024 USD ($)	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)	Jun. 30, 2024 USD ($)	Mar. 31, 2022 USD ($)	Sep. 30, 2020 USD ($)	Dec. 31, 2021 USD ($)
Impairment of Long-Lived Assets Held-for-use																		$ 0	$ (163,321,000)
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			$ 2,190,958,000					$ 1,844,171,000										2,190,958,000		$ 1,844,171,000				$ 1,844,171,000	$ 1,844,171,000
Proceeds from the issuance of long-term debt																		2,489,886,000	3,851,061,000
Storm Reserve Escrow Account			411,035,000					401,955,000										411,035,000		401,955,000				401,955,000	401,955,000
Regulatory Assets, Noncurrent			5,645,209,000					6,036,397,000										5,645,209,000		6,036,397,000				6,036,397,000	6,036,397,000
Long-term Transition Bond, Noncurrent			278,134,000					292,760,000										278,134,000		292,760,000				292,760,000	292,760,000
Deferred Fuel Cost			182,387,000					710,401,000										182,387,000		710,401,000				710,401,000	710,401,000
Replacement Reserve Escrow			411,000,000					402,000,000										411,000,000		402,000,000				402,000,000	402,000,000
Subsequent Event [Member] | Indian Point
Proceeds from Legal Settlements	$ 40,000,000
Litigation Settlement, Amount Awarded from Other Party		$ 59,000,000
Entergy Louisiana [Member]
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			689,520,000					736,969,000										689,520,000		736,969,000				736,969,000	736,969,000
Proceeds from the issuance of long-term debt																		833,484,000	1,777,192,000
Total Restoration Costs For Repair and Replacement of Electrical System including carrying costs														$ 2,640,000,000
Storm Reserve Escrow Account			300,008,000					293,406,000										300,008,000		293,406,000				293,406,000	293,406,000
Regulatory Assets, Noncurrent			1,608,035,000					2,056,179,000										1,608,035,000		2,056,179,000				2,056,179,000	2,056,179,000
Deferred Fuel Cost			0					159,183,000										0		159,183,000				159,183,000	159,183,000
Replacement Reserve Escrow			$ 300,000,000					293,400,000										$ 300,000,000		293,400,000				293,400,000	293,400,000
LURC's percentage of annual dividends																		1%
ELL's percentage of annual dividends																		99%
Proceeds from Contributed Capital																		$ 1,457,676,000	1,000,000,000
Regulatory charge recorded as a result of reduction in income tax expense																	$ 103,000,000
Regulatory charge recorded as a result of reduction in income tax expense, net of tax																	76,000,000
Reduction to income tax expense - net of provision for uncertain tax positions																	133,000,000
Reduction to income tax expense - net, offset by other tax charges																	129,000,000
Entergy Louisiana [Member] | Restoration Law Trust II (storm trust II) [Member]
LURC's beneficial interest in the storm trust, percentage			1%															1%
Preferred Stock, Dividend Rate, Percentage						7.50%
Preferred Stock, Liquidation Preference, Value						$ 100											$ 100						$ 100
Class preferred non voting membership interest units acquired in wholly owned subsidiary | shares						14,576,757.48											14,576,757.48						14,576,757.48
Entergy Louisiana [Member] | Deferred COVID 19 Costs
Regulatory Assets			$ 47,800,000															$ 47,800,000
Amount of long-term debt proposed to be used to generate earnings to reduce certain regulatory assets					$ 1,600,000,000
Entergy Louisiana [Member] | Hurricanes Laura, Delta, Zeta, and Winter Storm Uri
Carrying costs associated with storm restoration costs																				3,000,000
Entergy Louisiana [Member] | Hurricane Ida
Carrying costs associated with storm restoration costs																				57,000,000
Entergy Louisiana [Member] | Hurricane Ida
Total Restoration Costs For Repair and Replacement of Electrical System										$ 2,640,000,000				2,540,000,000
Non-capital storm costs														586,000,000
Deferred Storm and Property Reserve Deficiency, Noncurrent								1,000,000,000						1,960,000,000						1,000,000,000				1,000,000,000	1,000,000,000				$ 1,000,000,000
Total Restoration Costs For Repair and Replacement of Electrical System including carrying costs														2,600,000,000
Carrying costs associated with storm restoration costs										$ 59,100,000
Entergy Louisiana [Member] | Hurricanes Laura, Delta, Zeta, and Winter Storm Uri
Total Restoration Costs For Repair and Replacement of Electrical System								2,570,000,000
Total Restoration Costs For Repair and Replacement of Electrical System including carrying costs														$ 32,000,000
Carrying costs associated with storm restoration costs								59,200,000
Aggregate principal amount of system restoration bonds authorization requested							$ 1,491,000,000	1,657,000,000												1,657,000,000				1,657,000,000	1,657,000,000
aggregate principal amount of system restoration bond authorization approved						$ 1,491,000,000											$ 1,491,000,000						$ 1,491,000,000
Entergy Louisiana [Member] | Hurricanes Laura, Delta, Zeta, and Winter Storm Uri | Storm Costs
Regulatory Assets			180,000,000															180,000,000
Entergy Mississippi [Member]
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			236,022,000					170,191,000										236,022,000		170,191,000				170,191,000	170,191,000
Proceeds from the issuance of long-term debt																		396,861,000	249,746,000
Storm Reserve Escrow Account			34,304,000					33,549,000										34,304,000		33,549,000				33,549,000	33,549,000
Regulatory Assets, Noncurrent			559,306,000					519,460,000										559,306,000		519,460,000				519,460,000	519,460,000
Deferred Fuel Cost			0					143,211,000										0		143,211,000				143,211,000	143,211,000
Replacement Reserve Escrow			34,300,000					33,500,000										34,300,000		33,500,000				33,500,000	33,500,000
Entergy New Orleans [Member]
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			26,582,000					39,607,000										26,582,000		39,607,000				39,607,000	39,607,000
Proceeds from the issuance of long-term debt																		14,641,000	0
Storm Reserve Escrow Account			76,723,000					75,000,000										76,723,000		75,000,000				75,000,000	75,000,000
Regulatory Assets, Noncurrent			199,182,000					202,112,000										199,182,000		202,112,000				202,112,000	202,112,000
Long-term Transition Bond, Noncurrent			11,745,000					17,697,000										11,745,000		17,697,000				17,697,000	17,697,000
Deferred Fuel Cost			5,838,000					10,153,000										5,838,000		10,153,000				10,153,000	10,153,000
Replacement Reserve Escrow			76,700,000					75,000,000										76,700,000		75,000,000				75,000,000	75,000,000
Entergy Texas [Member]
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			613,969,000					339,139,000										613,969,000		339,139,000				339,139,000	339,139,000
Proceeds from the issuance of long-term debt																		0	286,842,000
Regulatory Assets, Noncurrent			598,370,000					578,682,000										598,370,000		578,682,000				578,682,000	578,682,000
Long-term Transition Bond, Noncurrent			266,389,000					275,064,000										266,389,000		275,064,000				275,064,000	275,064,000
Deferred Fuel Cost			160,073,000					258,115,000										160,073,000		258,115,000				258,115,000	258,115,000
Entergy Arkansas [Member]
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			476,253,000					417,244,000										476,253,000		417,244,000				417,244,000	417,244,000
Proceeds from the issuance of long-term debt																		661,923,000	223,882,000
Regulatory Assets, Noncurrent			1,862,241,000					1,810,281,000										1,862,241,000		1,810,281,000				1,810,281,000	1,810,281,000
Deferred Fuel Cost			16,475,000					139,739,000										16,475,000		139,739,000				139,739,000	139,739,000
Entergy Arkansas [Member] | Deferred COVID 19 Costs
Regulatory Assets			39,000,000															39,000,000
System Energy [Member]
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			99,337,000					102,987,000										99,337,000		102,987,000				102,987,000	102,987,000
Proceeds from the issuance of long-term debt																		585,898,000	$ 556,696,000
Regulatory Assets, Noncurrent			431,804,000					415,121,000										$ 431,804,000		415,121,000				415,121,000	$ 415,121,000
System Energy [Member] | Subsequent Event [Member]
Additional unprotected excess ADIT related to uncertain decommissioning tax deduction		147,000,000
Grand Gulf [Member] | System Energy [Member]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage																		11.50%
Generation Cost Recovery Rider | Entergy Texas [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount												$ 92,800,000
Public Utilities, Interim Rate Increase (Decrease), Amount											$ 5,700,000
Grand Gulf Sale-leaseback Renewal Complaint | Entergy Louisiana [Member]
Proceeds from Legal Settlements							27,800,000
Grand Gulf Sale-leaseback Renewal Complaint | Entergy Mississippi [Member]
Allocated sale-leaseback annual renewal costs																		$ 5,700,000
Grand Gulf Sale-leaseback Renewal Complaint | Entergy New Orleans [Member]
Proceeds from Legal Settlements							34,000,000
Grand Gulf Sale-leaseback Renewal Complaint | Entergy Arkansas [Member]
Proceeds from Legal Settlements							41,700,000
Grand Gulf Sale-leaseback Renewal Complaint | System Energy [Member]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage																11.50%
Payments for Legal Settlements							103,500,000
Disallowance of future sale-leaseback renewal costs recovery																								11,500,000
Calculated refund of sale-leaseback renewal rental costs, including interest							89,800,000
One-time accumulated deferred income tax credit																												$ 25,200,000
Calculated net refund for excess depreciation expense							13,700,000
Unit Power Sales Agreement Complaint | Entergy Arkansas [Member]
Proceeds from Legal Settlements							$ 41,700,000
Unit Power Sales Agreement Complaint | System Energy [Member]
Potential settlement refund									$ 18,000,000
FERC ALJ initial decision recommended refunds																		115,000,000
Interest component of FERC ALJ initial decision recommended refunds																		142,000,000
FERC ALJ initial decision modification to cash working capital allowance				$ 36,400,000
2022 Base Rate Case | Entergy Texas [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount				54,000,000									$ 131,400,000
Rate case expenses to be recovered from customers through a rider				4,800,000
2022 Base Rate Case | Entergy Texas [Member] | Deferred COVID 19 Costs
Public Utilities, Requested Rate Increase (Decrease), Amount				3,400,000
2022 Base Rate Case | Entergy Texas [Member] | Other Regulatory Assets (Liabilities)
Public Utilities, Requested Rate Increase (Decrease), Amount				14,500,000
Fuel reconciliation | Entergy Texas [Member]
Eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments																											$ 1,700,000,000
Deferred fuel under-recovery balance, including interest, for reconciliation period																											$ 103,100,000
Fuel reconciliation | Entergy Texas [Member] | Winter Storm Uri
Proposed disallowance for fuel purchase						5,200,000
Fuel reconciliation | Entergy Texas [Member] | Subsequent Event [Member] | Winter Storm Uri
Margins from off-system sales made during the reconciliation period		9,300,000
2022 Look-back Filing [Member] | Entergy Mississippi [Member]
Regulatory Assets, Noncurrent			$ 800,000															800,000
Public Utilities, Requested Rate Increase (Decrease), Amended, Amount						19,800,000
Requested refund for true-up of demand-side management costs						1,300,000
Earned return on rate base																									6.10%
2022 Look-back Filing [Member] | Entergy Mississippi [Member] | Formula Rate Plan Historical Year Rate Adjustment Member
Regulatory Assets, Noncurrent								$ 18,200,000												$ 18,200,000				$ 18,200,000	$ 18,200,000
2022 Look-back Filing [Member] | Entergy Mississippi [Member] | Maximum [Member]
Public Utilities, Interim Rate Increase (Decrease), Amount					$ 27,900,000
Public Utilities, Interim Rate Increase (Decrease), Percentage					2%
2022 Look-back Filing [Member] | Entergy Mississippi [Member] | Subsequent Event [Member]
Public Utilities, Requested Rate Increase (Decrease), Amended, Amount																										$ 19,000,000
2023 Formula Rate Plan Filing [Member] | Entergy Mississippi [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount						$ 39,800,000
Public Utilities, Requested Return on Equity, Percentage						6.67%
Public Utilities, Approved Rate Increase (Decrease), Amount				26,500,000
2023 Formula Rate Plan Filing [Member] | Entergy Mississippi [Member] | Natural Gas, US Regulated [Member]
Oil and Gas, Average Production Cost Per Unit | $ / unit			4.50
2023 Formula Rate Plan Filing [Member] | Entergy New Orleans [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount					$ 25,600,000
Authorized return on common equity					9.35%
2023 Formula Rate Plan Filing [Member] | Entergy New Orleans [Member] | Electricity [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount					$ 17,400,000
Earned return on common equity					7.34%
Additional revenue increase due to previously approved amounts					$ 3,400,000
2023 Formula Rate Plan Filing [Member] | Entergy New Orleans [Member] | Natural Gas, US Regulated [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount					$ 8,200,000
Earned return on common equity					3.52%
2023 Formula Rate Plan Filing [Member] | Entergy New Orleans [Member] | Subsequent Event [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount		500,000
Requested reduction to formula rate plan revenues resulting from alleged errors		8,300,000
Proposed formula rate plan rate mitigation through offsets to regulatory liabilities		12,000,000
2023 Formula Rate Plan Filing [Member] | Entergy Arkansas [Member] | Subsequent Event [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount		130,300,000
Public Utilities, Requested Return on Equity, Percentage																					8.11%
Projected Revenue Deficiency																					$ 80,500,000
2023 Formula Rate Plan Filing [Member] | Entergy Arkansas [Member] | Subsequent Event [Member] | Maximum [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount		$ 88,600,000
Public Utilities, Requested Return on Equity, Percentage		4%
Return on Equity and Capital Structure Complaints [Member] | System Energy [Member]
Earned return on common equity															10.94%
Recommended adjustment to earned return on equity															9.32%
Return on equity complaint, estimated annual rate reduction			$ 28,000,000															28,000,000
Payments for Legal Settlements																		39,000,000
Return on Equity and Capital Structure Complaints [Member] | System Energy [Member] | Maximum [Member]
ALJ recommended equity capital structure, percentage															48.15%
2022 Formula Rate Plan | Entergy Arkansas [Member]
Public Utilities, Requested Return on Equity, Percentage																									7.29%
Projected Revenue Deficiency																									$ 49,800,000
Entergy Cost Recovery Rider | Entergy Arkansas [Member]
Energy Cost Recovery Rider Rate Per kWh																							0.01639
Entergy Cost Recovery Rider | Entergy Arkansas [Member] | 2021 February Winter Storms
Deferred Fuel Cost						$ 32,000,000											$ 32,000,000						$ 32,000,000
Entergy Cost Recovery Rider | Entergy Arkansas [Member] | Subsequent Event [Member]
Energy Cost Recovery Rider Rate Per kWh																						$ 0.01883
Requested Energy Cost Recovery Rider Rate Per kWh																						$ 0.01883
2022 Formula Rate Plan Filing | Entergy Louisiana [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount				$ 70,700,000
Earned return on common equity				8.33%
Projected Revenue Deficiency				$ 65,900,000
Prospective return on common equity opportunity				8.38%
Distribution recovery mechanism revenue requirement				$ 6,000,000
Public Utilities, Approved Rate Increase (Decrease), Amount				85,200,000
2022 Formula Rate Plan Filing | Entergy Louisiana [Member] | Maximum [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount				$ 4,900,000
Annual power management rider [Member] | Entergy Mississippi [Member]
Regulatory Assets, Noncurrent			4,100,000															4,100,000
Grid modernization rider [Member] | Entergy Mississippi [Member]
Regulatory Assets, Noncurrent			$ 4,300,000															$ 4,300,000

Equity (Narrative) (Details)

Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands				1 Months Ended			3 Months Ended		6 Months Ended
	Jul. 28, 2023	Jun. 28, 2023	Jun. 06, 2023	Nov. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Jan. 31, 2021
Equity [Abstract]
Common stock dividend (in dollars per share)							$ 1.07	$ 1.01	$ 2.14	$ 2.02
Common Stock, Shares Authorized							499,000,000		499,000,000		499,000,000
Preferred Stock, Shares Authorized							1,000,000		1,000,000		1,000,000
Forward Sale Agreement, Aggregate Compensation to Sales Agents		$ 400	$ 100		$ 2,500	$ 1,700
Stock Issued During Period, Shares, Treasury Stock Reissued									277,804
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount							1,200,000	900,000	1,100,000	900,000
Forward Contract Indexed to Issuer's Equity, Forward Rate Per Share		$ 101.39	$ 101.36		$ 116.94	$ 108.14
Forward Contract Indexed to Equity, Settlement, Cash, Amount		$ 37,400	$ 10,500		$ 250,900	$ 168,000		$ 250,900		$ 250,900
Forward Contract Indexed to Issuer's Equity, Indexed Shares		365,307	102,995		2,124,086	1,538,010		2,124,086		2,124,086
Proceeds from Issuance of Common Stock				$ 853,300
Stock Issued During Period, Shares, New Issues									0	0
Equity Distribution Program
Equity [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount									468,302	956,989
Forward Contract Indexed to Equity, Settlement, Cash, Amount							$ 1,126,000		$ 1,126,000
Equity Distribution Sales Agreement Increase in Aggregate Gross Sales Price												$ 2,000,000
Common Stock [Member]
Equity [Abstract]
Forward Contract Indexed to Issuer's Equity, Shares				7,688,419
Entergy Louisiana [Member]
Equity [Abstract]
Members' Equity Attributable to Noncontrolling Interest							47,215		$ 47,215		$ 31,735
LURC's percentage of annual dividends									1%
ELL's percentage of annual dividends									99%
Entergy Louisiana [Member] | Restoration Law Trust I
Equity [Abstract]
Members' Equity Attributable to Noncontrolling Interest							32,359		$ 32,359		31,735
Entergy Arkansas [Member]
Equity [Abstract]
Members' Equity Attributable to Noncontrolling Interest							$ 24,973		$ 24,973		$ 27,825
System Energy [Member]
Equity [Abstract]
Common Stock, Shares Authorized							1,000,000		1,000,000		1,000,000
Entergy Texas [Member]
Equity [Abstract]
Common Stock, Shares Authorized							200,000,000		200,000,000		200,000,000
Subsequent Event [Member]
Equity [Abstract]
Common stock dividend (in dollars per share)	$ 1.07

Equity (Schedule Of Earnings Pe

Equity (Schedule Of Earnings Per Share, Basic And Diluted) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Net Income (Loss) Available to Common Stockholders, Basic	$ 391,244	$ 159,703	$ 702,179	$ 436,103
Net Income Attributable to Entergy Corporation, Shares	211,449,211	203,383,199	211,400,230	203,164,628
Net Income Attributable to Entergy Corporation, $/share	$ 1.85	$ 0.79	$ 3.32	$ 2.15
Net Income (Loss) Available to Common Stockholders, Diluted	$ 391,200	$ 159,700	$ 702,200	$ 436,100
Diluted earnings per share, Shares	212,201,529	204,712,242	212,173,254	204,291,597
Diluted earnings per share $/share	$ 1.84	$ 0.78	$ 3.31	$ 2.13
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,200,000	900,000	1,100,000	900,000
Employee Stock Option [Member]
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	300,000	500,000	300,000	500,000
Average Dilutive Effect Of Stock Options Per Share	$ 0	$ (0.01)	$ 0	$ (0.01)
Restricted Stock Units (RSUs) [Member]
Restricted stock, Shares	500,000	500,000	500,000	400,000
Restricted stock $/share	$ (0.01)	$ 0	$ (0.01)	$ (0.01)
Forward Contracts [Member]
Incremental Common Shares Attributable to Dilutive Effect of Equity Forward Agreements	0	300,000	0	200,000
Average Dilutive Effect Of Equity Forwards	$ 0	$ 0	$ 0	$ 0

Equity (Accumulated Other Compr

Equity (Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	$ (193,019)		$ (324,038)	$ (336,578)	$ (193,019)	$ (324,038)	$ (191,754)	$ (332,528)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax			8,453			20,293
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax			4,087			(11,803)
Other comprehensive income (loss)	(3,292)	$ 2,027	12,540	(4,050)	(1,265)	8,490
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss			1,223	(5,248)		1,223		7,154
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax			2,370			5,843
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax			4,101			(11,774)
Other comprehensive income (loss)			6,471			(5,931)
Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss)	(3,292)	2,027	12,540	(4,050)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	(193,019)	(189,727)	(324,274)	(330,319)	(193,019)	(324,274)	(191,754)	(338,647)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(3,292)		6,045		(1,265)	14,373
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax			0			0
Other comprehensive income (loss)	(3,292)		6,045		(1,265)	14,373
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss			(987)	(1,011)		(987)		(1,035)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax			38			77
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax			(14)			(29)
Other comprehensive income (loss)			24			48
Entergy Louisiana [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	52,811				52,811		55,370
Other comprehensive income (loss)	(1,773)	(786)	(491)	(613)	(2,559)	(1,104)
Entergy Louisiana [Member] | Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss)	(1,773)	(786)	(491)	(613)
Entergy Louisiana [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	52,811	$ 54,584	7,174	$ 7,665	52,811	7,174	$ 55,370	$ 8,278
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(1,773)		(491)		(2,559)	(1,104)
Other comprehensive income (loss)	$ (1,773)		$ (491)		$ (2,559)	$ (1,104)

Equity (Reclassification out of

Equity (Reclassification out of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,846,026		$ 3,395,196		$ 5,827,085	$ 6,273,122
Other Nonoperating Income (Expense)	(48,544)		35,578		(102,997)	43,182
Income taxes (benefits)	(134,796)		359,643		(55,821)	293,145
Consolidated net income	392,014	$ 312,299	164,011	$ 279,593	704,312	443,604
Competitive Businesses [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	27,279		88,933		60,347	238,722
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Consolidated net income	3,292		(8,453)		1,265	(20,293)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other Nonoperating Income (Expense)	0		(48)		0	(97)
INCOME (LOSS) BEFORE INCOME TAXES	0		(48)		0	(97)
Income taxes (benefits)	0		10		0	20
Consolidated net income	0		(38)		0	(77)
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income taxes (benefits)	0		1,380		0	3,402
Consolidated net income	0		(2,370)		0	(5,843)
Realized Investment Gains (Losses)	0		(3,750)		0	(9,245)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of prior-service credit	3,398		3,837		6,795	7,674
Amortization of loss	1,633		(10,979)		3,295	(24,904)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	(674)		(545)		(8,490)	(1,327)
INCOME (LOSS) BEFORE INCOME TAXES	4,357		(7,687)		1,600	(18,557)
Income taxes (benefits)	(1,065)		1,642		(335)	4,184
Consolidated net income	3,292		(6,045)		1,265	(14,373)
Entergy Louisiana [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,205,612		1,515,785		2,550,820	2,781,757
Other Nonoperating Income (Expense)	(42,583)		36,986		(90,668)	52,503
Income taxes (benefits)	(68,561)		307,231		42,268	276,442
Consolidated net income	263,260	$ 244,024	316,659	$ 150,860	507,284	467,519
Entergy Louisiana [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of prior-service credit	951		1,158		1,902	2,316
Amortization of loss	1,564		(308)		3,129	(627)
Defined Benefit Plan, Accumulated Benefit Obligation, (Increase) Decrease for Settlement and Curtailment	(89)		(178)		(1,529)	(178)
INCOME (LOSS) BEFORE INCOME TAXES	2,426		672		3,502	1,511
Income taxes (benefits)	(653)		(181)		(943)	(407)
Consolidated net income	$ 1,773		$ 491		$ 2,559	$ 1,104

Equity (Schedule of Noncontroll

Equity (Schedule of Noncontrolling Interest) (Details) - Entergy Louisiana [Member] - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Equity [Abstract]
Schedule of noncontrolling interest	The dollar value of noncontrolling interests for Entergy Louisiana as of June 30, 2023 and December 31, 2022 is presented below: 2023 2022 (In Thousands) Entergy Louisiana Noncontrolling Interests Restoration Law Trust I (a) $32,359 $31,735 Restoration Law Trust II (b) 14,856 — Total Noncontrolling Interests $47,215 $31,735 (a) See Note 12 to the financial statements herein and Note 17 to the financial statements in the Form 10-K for discussion of Restoration Law Trust I. (b) Restoration Law Trust II (the storm trust II) was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Ida storm restoration costs in March 2023. The storm trust II holds preferred membership interests issued by Entergy Finance Company, and Entergy Finance Company is required to make annual distributions (dividends) on the preferred membership interests. These annual dividends paid on the Entergy Finance Company preferred membership interests will be distributed 1% to the LURC and 99% to Entergy Louisiana. Entergy Louisiana, as the primary beneficiary, consolidates the storm trust II and the LURC’s 1% beneficial interest in noncontrolling interests in the consolidated financial statements for Entergy Louisiana and Entergy. See Note 2 to the financial statements herein for a discussion of the Entergy Louisiana March 2023 storm cost securitization.
Members' Equity Attributable to Noncontrolling Interest	$ 47,215	$ 31,735
Restoration Law Trust I
Members' Equity Attributable to Noncontrolling Interest	32,359	31,735
Restoration Law Trust II
Members' Equity Attributable to Noncontrolling Interest	$ 14,856	$ 0

Revolving Credit Facilities, _3

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Narrative) (Details) $ in Thousands	1 Months Ended					6 Months Ended
	Jul. 31, 2023 USD ($)	May 31, 2023 USD ($)	Mar. 31, 2023 USD ($)	Jan. 31, 2023 USD ($)	Nov. 30, 2021 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Amount of Facility						$ 3,500,000
Amount Drawn/ Outstanding						$ 150,000
Commercial Paper Program [Member]
Debt Instrument [Line Items]
Debt, weighted average interest rate						5.19%
Commercial Paper program limit						$ 2,000,000
Commercial Paper Amount Outstanding						1,108,400
Credit Facility [Member]
Debt Instrument [Line Items]
Amount of Facility						3,500,000
Amount of total borrowing capacity against which fronting commitments exist						$ 20,000
Line of credit facility, commitment fee percentage						0.225%
Line of Credit Facility, Interest Rate During Period						6.34%
Entergy Arkansas [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings						$ 250,000
Amount of total borrowing capacity against which fronting commitments exist						5,000
Letters of Credit Outstanding, Amount						5,900
Entergy Arkansas [Member] | 5.15% Series mortgage bonds due January 2033
Debt Instrument [Line Items]
Proceeds from Issuance of Debt				$ 425,000
Debt instrument, interest rate, stated percentage				5.15%
Entergy Arkansas [Member] | Mortgage Bonds Three Point Zero Five Percent Series Due June Two Thousand Twenty Three
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage				3.05%
Repayments of Debt				$ 250,000
Entergy Louisiana [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings						450,000
Amount of total borrowing capacity against which fronting commitments exist						15,000
Entergy Mississippi [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings						200,000
Letters of Credit Outstanding, Amount							$ 200
Non-MISO letter of credit outstanding						9,200
Entergy Mississippi [Member] | 5.0% Series mortgage bonds due September 2033
Debt Instrument [Line Items]
Proceeds from Issuance of Debt		$ 300,000
Debt instrument, interest rate, stated percentage		5%
Entergy Mississippi [Member] | 3.10% Series mortgage bonds due July 2023
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		3.10%
Repayments of Debt		$ 250,000
Entergy Mississippi [Member] | Unsecured Term Loan due December 2023
Debt Instrument [Line Items]
Repayments of Debt		50,000
Entergy Texas [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings						200,000
Amount of total borrowing capacity against which fronting commitments exist						30,000
Letters of Credit Outstanding, Amount							2,400
System Energy [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings						200,000
System Energy [Member] | 6.00% Series mortgage bonds due April 2028
Debt Instrument [Line Items]
Proceeds from Issuance of Debt			$ 325,000
Debt instrument, interest rate, stated percentage			6%
System Energy [Member] | Unsecured Term Loan due November 2023
Debt Instrument [Line Items]
Repayments of Debt			$ 50,000
System Energy [Member] | 4.10% Series mortgage bonds due April 2023
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage			4.10%
Repayments of Debt			$ 250,000
Entergy New Orleans [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings						150,000
Amount of total borrowing capacity against which fronting commitments exist						10,000
Letters of Credit Outstanding, Amount							200
Amount						8,279	$ 8,279
Entergy New Orleans [Member] | Unsecured term loan due June 2024
Debt Instrument [Line Items]
Proceeds from Issuance of Debt		$ 15,000
Debt instrument, interest rate, stated percentage		6.25%
Entergy New Orleans [Member] | Unsecured term loan due May 2023
Debt Instrument [Line Items]
Proceeds from Issuance of Debt					$ 70,000
Debt instrument, interest rate, stated percentage					2.50%
System Energy VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding						$ 37,800
Line of Credit Facility, Interest Rate During Period						5.79%
Line of credit facility commitment fee as a percentage of undrawn commitment amount						0.10%
Entergy Arkansas VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding						$ 22,500
Line of Credit Facility, Interest Rate During Period						5.93%
Line of credit facility commitment fee as a percentage of undrawn commitment amount						0.10%
Entergy Louisiana Waterford VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding						$ 49,800
Line of Credit Facility, Interest Rate During Period						5.82%
Line of credit facility commitment fee as a percentage of undrawn commitment amount						0.10%
Entergy Louisiana River Bend VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding						$ 56,400
Line of Credit Facility, Interest Rate During Period						5.92%
Line of credit facility commitment fee as a percentage of undrawn commitment amount						0.10%
Entergy Nuclear Vermont Yankee
Debt Instrument [Line Items]
Amount of Facility						$ 139,000
Amount Drawn/ Outstanding						$ 139,000
Debt, weighted average interest rate						6.28%
Line of credit facility commitment fee as a percentage of undrawn commitment amount						0.20%
Maximum [Member]
Debt Instrument [Line Items]
Line of credit facility, commitment fee percentage						0.375%
Consolidated debt ratio						0.65
Maximum [Member] | Entergy Arkansas [Member]
Debt Instrument [Line Items]
Consolidated debt ratio						0.65
Consolidated debt ratio of total capitalization						70%
Maximum [Member] | Entergy Louisiana [Member]
Debt Instrument [Line Items]
Consolidated debt ratio						0.65
Consolidated debt ratio of total capitalization						70%
Maximum [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Consolidated debt ratio						0.65
Maximum [Member] | Entergy Texas [Member]
Debt Instrument [Line Items]
Consolidated debt ratio						0.65
Maximum [Member] | System Energy [Member]
Debt Instrument [Line Items]
Consolidated debt ratio						0.65
Consolidated debt ratio of total capitalization						70%
Maximum [Member] | Entergy New Orleans [Member]
Debt Instrument [Line Items]
Consolidated debt ratio						0.65
Minimum [Member]
Debt Instrument [Line Items]
Line of credit facility, commitment fee percentage						0.075%
Credit Facility Of Three Hundred Fifty Million [Member] | Entergy Louisiana [Member]
Debt Instrument [Line Items]
Amount of Facility						$ 350,000
Letters of Credit Outstanding, Amount						0
Amount Drawn/ Outstanding						$ 0
Line of Credit Facility, Interest Rate During Period						6.45%
Credit Facility Of One Hundred And Fifty Million [Member] | Entergy Arkansas [Member]
Debt Instrument [Line Items]
Amount of Facility						$ 150,000
Letters of Credit Outstanding, Amount						0
Amount Drawn/ Outstanding						$ 75,000
Line of Credit Facility, Interest Rate During Period						6.33%
Credit Facility Of One Hundred And Fifty Million [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Amount of Facility						$ 150,000
Letters of Credit Outstanding, Amount						0
Amount Drawn/ Outstanding						$ 0
Line of Credit Facility, Interest Rate During Period						6.33%
Credit Facility Of One Hundred And Fifty Million [Member] | Entergy Texas [Member]
Debt Instrument [Line Items]
Amount of Facility						$ 150,000
Letters of Credit Outstanding, Amount						1,100
Amount Drawn/ Outstanding						$ 0
Line of Credit Facility, Interest Rate During Period						6.45%
Credit Facility Of Ten Million [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Amount of Facility						$ 10,000
Letters of Credit Outstanding, Amount						0
Amount Drawn/ Outstanding						$ 0
Line of Credit Facility, Interest Rate During Period						6.70%
Credit Facility Of Twenty Five Million [Member] | Entergy Arkansas [Member]
Debt Instrument [Line Items]
Amount of Facility						$ 25,000
Letters of Credit Outstanding, Amount						0
Amount Drawn/ Outstanding						$ 0
Line of Credit Facility, Interest Rate During Period						7.02%
Credit Facility Of Twenty Five Million [Member] | Entergy New Orleans [Member]
Debt Instrument [Line Items]
Amount of Facility						$ 25,000
Letters of Credit Outstanding, Amount						0
Amount Drawn/ Outstanding						$ 0
Line of Credit Facility, Interest Rate During Period						6.83%
Subsequent Event [Member] | Entergy New Orleans [Member] | 3.90% Series mortgage bond due July 2023
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	3.90%
Repayments of Debt	$ 100,000
Credit Facility of Sixty Five Million [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Letters of Credit Outstanding, Amount						$ 6,700
Uncommitted Credit Facility						$ 65,000

Revolving Credit Facilities, _4

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Summary Of The Borrowings Outstanding And Capacity Available Under The Facility) (Details) $ in Millions	Jun. 30, 2023 USD ($)
Summary of the borrowings outstanding and capacity available under the facility
Capacity	$ 3,500
Amount Drawn/ Outstanding	150
Letters of Credit	3
Capacity Available	3,347
Line of Credit Facility [Line Items]
Amount of Facility	3,500
Credit Facility [Member]
Summary of the borrowings outstanding and capacity available under the facility
Capacity	3,500
Line of Credit Facility [Line Items]
Amount of Facility	3,500
Credit Facility Of One Hundred And Fifty Million [Member] | Entergy Mississippi [Member]
Summary of the borrowings outstanding and capacity available under the facility
Capacity	150
Amount Drawn/ Outstanding	0
Line of Credit Facility [Line Items]
Amount of Facility	$ 150

Revolving Credit Facilities, _5

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Credit Facilities) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Amount of Facility	$ 3,500
Amount Drawn/ Outstanding	150
Entergy Arkansas [Member]
Amount of total borrowing capacity against which fronting commitments exist	5
Letters of Credit Outstanding, Amount	5.9
Entergy Arkansas [Member] | Credit Facility Of Twenty Five Million [Member]
Amount of Facility	$ 25
Interest Rate	7.02%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Arkansas [Member] | Credit Facility Of One Hundred And Fifty Million [Member]
Amount of Facility	$ 150
Interest Rate	6.33%
Amount Drawn/ Outstanding	$ 75
Letters of Credit Outstanding, Amount	0
Entergy Louisiana [Member]
Amount of total borrowing capacity against which fronting commitments exist	15
Entergy Louisiana [Member] | Credit Facility Of Three Hundred Fifty Million [Member]
Amount of Facility	$ 350
Interest Rate	6.45%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount		$ 0.2
Entergy Mississippi [Member] | Credit Facility Of One Hundred And Fifty Million [Member]
Amount of Facility	$ 150
Interest Rate	6.33%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member] | Credit Facility Of Ten Million [Member]
Amount of Facility	$ 10
Interest Rate	6.70%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member] | Credit Facility Of Forty Five Million
Amount of Facility	$ 45
Interest Rate	6.70%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member] | Credit Facility Of Forty Million
Amount of Facility	$ 40
Interest Rate	6.70%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy New Orleans [Member]
Amount of total borrowing capacity against which fronting commitments exist	10
Letters of Credit Outstanding, Amount		0.2
Entergy New Orleans [Member] | Credit Facility Of Twenty Five Million [Member]
Amount of Facility	$ 25
Interest Rate	6.83%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Texas [Member]
Amount of total borrowing capacity against which fronting commitments exist	30
Letters of Credit Outstanding, Amount		$ 2.4
Entergy Texas [Member] | Credit Facility Of One Hundred And Fifty Million [Member]
Amount of Facility	$ 150
Interest Rate	6.45%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	$ 1.1

Revolving Credit Facilities, _6

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Short-Term Borrowings And The Outstanding Short-Term Borrowings) (Details) $ in Millions	Jun. 30, 2023 USD ($)
Entergy Arkansas [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	$ 250
Borrowings	152
Entergy Louisiana [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	450
Borrowings	0
Entergy Mississippi [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	200
Borrowings	105
Entergy New Orleans [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	150
Borrowings	0
Entergy Texas [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	200
Borrowings	0
System Energy [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	200
Borrowings	$ 0

Revolving Credit Facilities, _7

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2023 USD ($)
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Amount Drawn/ Outstanding	$ 150
Entergy Arkansas VIE [Member]
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Amount of Facility	$ 80
Line of Credit Facility, Interest Rate During Period	5.93%
Amount Drawn/ Outstanding	$ 22.5
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.10%
System Energy VIE [Member]
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Amount of Facility	$ 120
Line of Credit Facility, Interest Rate During Period	5.79%
Amount Drawn/ Outstanding	$ 37.8
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.10%
Entergy Louisiana River Bend VIE [Member]
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Amount of Facility	$ 105
Line of Credit Facility, Interest Rate During Period	5.92%
Amount Drawn/ Outstanding	$ 56.4
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.10%
Entergy Louisiana Waterford VIE [Member]
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Amount of Facility	$ 105
Line of Credit Facility, Interest Rate During Period	5.82%
Amount Drawn/ Outstanding	$ 49.8
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.10%

Revolving Credit Facilities, _8

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Notes Payable By Variable Interest Entities) (Details) $ in Millions	Jun. 30, 2023 USD ($)
Three Point One Seven Percent Series M Notes Due December Two Thousand Twenty Three [Member] | Entergy Arkansas VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	3.17%
Amount	$ 40
Three Point Two Two Percent Series I Notes Due December Two Thousand Twenty Three [Domain] | Entergy Louisiana Waterford VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	3.22%
Amount	$ 20
Two Point Fifty One Percent Series V Notes Due June 2027 | Entergy Louisiana River Bend VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	2.51%
Amount	$ 70
Two Point Zero Five Percent Series K Notes Due September 2027 | System Energy VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	2.05%
Amount	$ 90
One Point Eight Four Percent Series N Notes Due July Two Thousand Twenty Six | Entergy Arkansas VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	1.84%
Amount	$ 90

Revolving Credit Facilities, _9

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Book Value And The Fair Value Of Long-Term Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Long-term Debt, Fair Value	$ 23,052,902	$ 22,573,837
Long-term Debt, Book Value	26,170,727	25,932,549
Entergy Arkansas [Member]
Long-term Debt, Fair Value	3,872,249	3,538,930
Long-term Debt, Book Value	4,438,803	4,166,500
Entergy Louisiana [Member]
Long-term Debt, Fair Value	9,531,338	9,444,665
Long-term Debt, Book Value	10,687,807	10,698,922
Entergy Mississippi [Member]
Long-term Debt, Fair Value	2,009,172	1,987,154
Long-term Debt, Book Value	2,328,900	2,331,096
Entergy New Orleans [Member]
Long-term Debt, Fair Value	710,894	707,872
Long-term Debt, Book Value	784,810	775,632
Entergy Texas [Member]
Long-term Debt, Fair Value	2,505,893	2,485,705
Long-term Debt, Book Value	2,888,075	2,895,913
System Energy [Member]
Long-term Debt, Fair Value	693,756	702,473
Long-term Debt, Book Value	$ 752,969	$ 777,905

Revolving Credit Facilities,_10

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Entergy Arkansas [Member]
Letters of Credit Outstanding, Amount	$ 5.9
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount		$ 0.2
Non-MISO letter of credit outstanding	9.2
Entergy New Orleans [Member]
Letters of Credit Outstanding, Amount		0.2
Entergy Texas [Member]
Letters of Credit Outstanding, Amount		$ 2.4
Credit Facility Of Twenty Five Million [Member] | Entergy Arkansas [Member]
Uncommitted Credit Facility	$ 25
Letter of Credit Fee, Percentage	0.78%
Letters of Credit Outstanding, Amount	$ 11.6
Credit Facility of Fifteen Million [Member] | Entergy New Orleans [Member]
Uncommitted Credit Facility	$ 15
Letter of Credit Fee, Percentage	1.625%
Letters of Credit Outstanding, Amount	$ 1
Credit Facility Of One Hundred Twenty Five Million [Member] | Entergy Louisiana [Member]
Uncommitted Credit Facility	$ 125
Letter of Credit Fee, Percentage	0.78%
Letters of Credit Outstanding, Amount	$ 20
Credit Facility of Sixty Five Million [Member] | Entergy Mississippi [Member]
Uncommitted Credit Facility	$ 65
Letter of Credit Fee, Percentage	0.78%
Letters of Credit Outstanding, Amount	$ 6.7
Credit Facility of Eighty Million | Entergy Texas [Member]
Uncommitted Credit Facility	$ 80
Letter of Credit Fee, Percentage	0.875%
Letters of Credit Outstanding, Amount	$ 8.8

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - 2019 Omnibus Incentive Plan - USD ($) $ / shares in Units, $ in Millions			1 Months Ended	3 Months Ended	6 Months Ended
	Jan. 26, 2023	Jan. 27, 2022	Jan. 31, 2023	Mar. 31, 2023	Jun. 30, 2023
Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option granted (in shares)			143,212
Percent of performance measure based on relative total shareholder return		80%			80%
Percent of performance measure based on cumulative adjusted EPS metric		20%			20%
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant			143,212
Long Term Incentive Plan [Member] | Performance measure based on relative total shareholder return [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock awards granted value (in dollars per share)	$ 130.65
Long Term Incentive Plan [Member] | Performance measure based on cumulative adjusted earnings per share metric [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock awards granted value (in dollars per share)	108.47
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option granted (in shares)				281,874
Weighted-average grant-date fair value of options granted (in dollars per share)				$ 20.07
Intrinsic value in the money stock options					$ 24.1
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number					2,969,605
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price					$ 97.42
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option granted (in shares)			345,983
Restricted stock awards granted value (in dollars per share)	$ 108.47
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant			345,983

Stock-Based Compensation (Finan

Stock-Based Compensation (Financial Information For Stock Options) (Details) - Employee Stock Option [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 1	$ 1.2	$ 2.1	$ 2.3
Tax benefit recognized in Entergy's net income	0.3	0.3	0.6	0.6
Compensation cost capitalized as part of fixed assets and inventory	$ 0.6	$ 0.4	$ 1.1	$ 0.8

Stock-Based Compensation (Fin_2

Stock-Based Compensation (Financial Information For Other Equity Plans) (Details) - Other Equity Awards [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 10.1	$ 10.6	$ 17.8	$ 22
Tax benefit recognized in Entergy's net income	2.6	2.7	4.6	5.6
Compensation cost capitalized as part of fixed assets and inventory	$ 4.4	$ 4.3	$ 7.6	$ 8.7

Retirement And Other Postreti_3

Retirement And Other Postretirement Benefits (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2023	Jun. 30, 2023	Jun. 30, 2022
Entergy Arkansas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	$ 54,468			$ 54,468
Defined Benefit Plan, Plan Assets, Contributions by Employer				18,444
Entergy Louisiana [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	44,565			44,565
Defined Benefit Plan, Plan Assets, Contributions by Employer				13,518
Entergy Mississippi [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	21,110			21,110
Defined Benefit Plan, Plan Assets, Contributions by Employer				7,130
Entergy New Orleans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	1,420			1,420
Defined Benefit Plan, Plan Assets, Contributions by Employer				355
Entergy Texas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	5,314			5,314
Defined Benefit Plan, Plan Assets, Contributions by Employer				1,438
Difference between rate case pension amounts and actuarially determined pension amounts	39,200			39,200
System Energy [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	15,543			15,543
Defined Benefit Plan, Plan Assets, Contributions by Employer				5,529
Subsequent Event [Member] | Entergy Arkansas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer			$ 36,024
Subsequent Event [Member] | Entergy Louisiana [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer			31,047
Subsequent Event [Member] | Entergy Mississippi [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer			13,980
Subsequent Event [Member] | Entergy New Orleans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer			1,065
Subsequent Event [Member] | Entergy Texas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer			3,876
Subsequent Event [Member] | System Energy [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer			$ 10,014
Non Qualified Pension Plans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	8,800	$ 7,200		18,000	$ 17,400
Defined Benefit Plan, Plan Assets, Payment for Settlement	4,600	2,500		9,300	7,800
Non Qualified Pension Plans [Member] | Entergy Arkansas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	63	71		513	143
Defined Benefit Plan, Plan Assets, Payment for Settlement				379
Non Qualified Pension Plans [Member] | Entergy Louisiana [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	25	26		52	53
Non Qualified Pension Plans [Member] | Entergy Mississippi [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	87	79		639	161
Defined Benefit Plan, Plan Assets, Payment for Settlement				453	2
Non Qualified Pension Plans [Member] | Entergy New Orleans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	33	27		66	56
Non Qualified Pension Plans [Member] | Entergy Texas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	63	88		126	303
Defined Benefit Plan, Plan Assets, Payment for Settlement					119
Pension Plans Defined Benefit [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer				91,500
Net other postretirement benefit cost	32,200	65,634		196,221	111,385
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	(7,246)	(22,653)		(145,674)	(22,653)
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year	267,000			267,000
Pension Plans Defined Benefit [Member] | Entergy Arkansas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	8,247	21,773		38,343	32,127
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	(1,784)	(11,496)		(23,958)	(11,496)
Pension Plans Defined Benefit [Member] | Entergy Louisiana [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	9,601	15,394		52,989	26,494
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	(2,232)	(4,461)		(38,230)	(4,461)
Pension Plans Defined Benefit [Member] | Entergy Mississippi [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	2,360	5,535		16,308	8,950
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	(88)	(2,208)		(11,743)	(2,208)
Pension Plans Defined Benefit [Member] | Entergy New Orleans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	337	744		2,482	1,488
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	(7)	0		(1,700)	0
Pension Plans Defined Benefit [Member] | Entergy Texas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	1,880	3,851		12,745	5,276
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	(592)	(2,466)		(10,270)	(2,466)
Pension Plans Defined Benefit [Member] | System Energy [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	2,143	5,003		8,861	8,029
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	$ (490)	$ (2,023)		$ (5,290)	$ (2,023)

Retirement And Other Postreti_4

Retirement And Other Postretirement Benefits (Components Of Qualified Net Pension Cost) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	$ 25,366	$ 36,977	$ 51,044	$ 74,637
Interest cost on projected benefit obligation	74,033	52,676	149,734	103,795
Expected return on assets	(95,752)	(103,085)	(193,885)	(206,692)
Amortization of loss	21,307	56,413	43,654	116,992
Net other postretirement benefit cost	32,200	65,634	196,221	111,385
Pension Plans Defined Benefit [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	4,661	6,699	9,410	13,557
Interest cost on projected benefit obligation	13,917	9,761	28,197	19,078
Expected return on assets	(17,878)	(19,031)	(35,954)	(38,278)
Amortization of loss	5,763	12,848	12,732	26,274
Net other postretirement benefit cost	8,247	21,773	38,343	32,127
Pension Plans Defined Benefit [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	6,199	9,007	12,479	18,144
Interest cost on projected benefit obligation	14,944	10,684	30,323	21,183
Expected return on assets	(18,766)	(21,060)	(37,999)	(42,193)
Amortization of loss	4,992	12,302	9,956	24,899
Net other postretirement benefit cost	9,601	15,394	52,989	26,494
Pension Plans Defined Benefit [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,456	2,075	2,938	4,205
Interest cost on projected benefit obligation	3,824	2,796	7,754	5,474
Expected return on assets	(4,635)	(5,164)	(9,519)	(10,367)
Amortization of loss	1,627	3,620	3,392	7,430
Net other postretirement benefit cost	2,360	5,535	16,308	8,950
Pension Plans Defined Benefit [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	487	752	978	1,504
Interest cost on projected benefit obligation	1,669	1,139	3,384	2,278
Expected return on assets	(2,310)	(2,515)	(4,577)	(5,030)
Amortization of loss	484	1,368	997	2,736
Net other postretirement benefit cost	337	744	2,482	1,488
Pension Plans Defined Benefit [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,090	1,579	2,197	3,211
Interest cost on projected benefit obligation	3,162	2,272	6,404	4,447
Expected return on assets	(4,023)	(4,905)	(8,175)	(9,842)
Amortization of loss	1,059	2,439	2,049	4,994
Net other postretirement benefit cost	1,880	3,851	12,745	5,276
Pension Plans Defined Benefit [Member] | System Energy [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,445	2,001	2,912	4,046
Interest cost on projected benefit obligation	3,435	2,394	6,963	4,732
Expected return on assets	(4,501)	(4,586)	(9,039)	(9,209)
Amortization of loss	1,274	3,171	2,735	6,437
Net other postretirement benefit cost	2,143	5,003	8,861	8,029
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	3,664	6,184	7,328	12,368
Interest cost on projected benefit obligation	10,568	6,827	21,136	13,654
Expected return on assets	(9,183)	(10,855)	(18,366)	(21,710)
Amortization of prior service cost (credit)	(5,640)	(6,388)	(11,280)	(12,776)
Amortization of loss	(2,862)	1,083	(5,724)	2,166
Net other postretirement benefit cost	(3,453)	(3,149)	(6,906)	(6,298)
Other Postretirement [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	741	1,114	1,482	2,228
Interest cost on projected benefit obligation	2,001	1,263	4,002	2,526
Expected return on assets	(3,778)	(4,483)	(7,556)	(8,966)
Amortization of prior service cost (credit)	524	471	1,048	942
Amortization of loss	43	218	86	436
Net other postretirement benefit cost	(469)	(1,417)	(938)	(2,834)
Other Postretirement [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	845	1,408	1,690	2,816
Interest cost on projected benefit obligation	2,233	1,443	4,466	2,886
Expected return on assets	0	0	0	0
Amortization of prior service cost (credit)	(951)	(1,158)	(1,902)	(2,316)
Amortization of loss	(1,764)	(186)	(3,528)	(372)
Net other postretirement benefit cost	363	1,507	726	3,014
Other Postretirement [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	220	339	440	678
Interest cost on projected benefit obligation	543	350	1,086	700
Expected return on assets	(1,179)	(1,394)	(2,358)	(2,788)
Amortization of prior service cost (credit)	(239)	(443)	(478)	(886)
Amortization of loss	21	56	42	112
Net other postretirement benefit cost	(634)	(1,092)	(1,268)	(2,184)
Other Postretirement [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	59	99	118	198
Interest cost on projected benefit obligation	290	174	580	348
Expected return on assets	(1,316)	(1,499)	(2,632)	(2,998)
Amortization of prior service cost (credit)	(229)	(229)	(458)	(458)
Amortization of loss	117	(225)	234	(450)
Net other postretirement benefit cost	(1,079)	(1,680)	(2,158)	(3,360)
Other Postretirement [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	202	331	404	662
Interest cost on projected benefit obligation	649	399	1,298	798
Expected return on assets	(2,194)	(2,568)	(4,388)	(5,136)
Amortization of prior service cost (credit)	(1,093)	(1,093)	(2,186)	(2,186)
Amortization of loss	229	162	458	324
Net other postretirement benefit cost	(2,207)	(2,769)	(4,414)	(5,538)
Other Postretirement [Member] | System Energy [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	189	310	378	620
Interest cost on projected benefit obligation	432	279	864	558
Expected return on assets	(634)	(791)	(1,268)	(1,582)
Amortization of prior service cost (credit)	(73)	(80)	(146)	(160)
Amortization of loss	0	30	0	60
Net other postretirement benefit cost	(86)	(252)	(172)	(504)
Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	8,800	7,200	18,000	17,400
Non Qualified Pension Plans [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	63	71	513	143
Non Qualified Pension Plans [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	25	26	52	53
Non Qualified Pension Plans [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	87	79	639	161
Non Qualified Pension Plans [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	33	27	66	56
Non Qualified Pension Plans [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	$ 63	$ 88	$ 126	$ 303

Retirement And Other Postreti_5

Retirement And Other Postretirement Benefits (Expected Employer Contributions) (Details) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2023	Jun. 30, 2023
Entergy Louisiana [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		$ 44,565
Defined Benefit Plan, Plan Assets, Contributions by Employer		13,518
Entergy Louisiana [Member] | Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 31,047
Entergy Mississippi [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		21,110
Defined Benefit Plan, Plan Assets, Contributions by Employer		7,130
Entergy Mississippi [Member] | Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer	13,980
Entergy New Orleans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		1,420
Defined Benefit Plan, Plan Assets, Contributions by Employer		355
Entergy New Orleans [Member] | Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer	1,065
Entergy Texas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		5,314
Defined Benefit Plan, Plan Assets, Contributions by Employer		1,438
Entergy Texas [Member] | Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer	3,876
System Energy [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		15,543
Defined Benefit Plan, Plan Assets, Contributions by Employer		5,529
System Energy [Member] | Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer	10,014
Entergy Arkansas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		54,468
Defined Benefit Plan, Plan Assets, Contributions by Employer		$ 18,444
Entergy Arkansas [Member] | Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 36,024

Retirement And Other Postreti_6

Retirement And Other Postretirement Benefits (Reclassification Out Of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	$ 3,398	$ 3,837	$ 6,795	$ 7,674
Amortization of loss	1,633	(10,979)	3,295	(24,904)
Total	4,357	(7,687)	1,600	(18,557)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(674)	(545)	(8,490)	(1,327)
Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	951	1,158	1,902	2,316
Amortization of loss	1,564	(308)	3,129	(627)
Total	2,426	672	3,502	1,511
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(89)	(178)	(1,529)
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0	0	0
Amortization of loss	(1,104)	(10,035)	(2,144)	(22,945)
Total	(1,414)	(10,213)	(9,101)	(23,123)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(310)	(178)	(6,957)	(178)
Pension Plans Defined Benefit [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0	0	0
Amortization of loss	(200)	(493)	(398)	(997)
Total	(289)	(671)	(1,927)	(1,175)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(89)	(178)	(1,529)
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	3,510	4,014	7,020	8,028
Amortization of loss	2,897	(596)	5,796	(1,192)
Total	6,407	3,418	12,816	6,836
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	0	0	0	0
Other Postretirement [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	951	1,158	1,902	2,316
Amortization of loss	1,764	186	3,528	372
Total	2,715	1,344	5,430	2,688
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	0	0	0
Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	(112)	(177)	(225)	(354)
Amortization of loss	(160)	(348)	(357)	(767)
Total	(636)	(892)	(2,115)	(2,270)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(364)	(367)	(1,533)	(1,149)
Non Qualified Pension Plans [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0	0	0
Amortization of loss	0	(1)	(1)	(2)
Total	0	(1)	(1)	$ (2)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	$ 0	$ (6)	$ 0

Business Segment Information (S

Business Segment Information (Segment Financial Information) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Segment Financial Information
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,846,026		$ 3,395,196		$ 5,827,085	$ 6,273,122
Income taxes (benefits)	134,796		(359,643)		55,821	(293,145)
Consolidated net income	392,014	$ 312,299	164,011	$ 279,593	704,312	443,604
Assets	59,717,236				59,717,236		$ 58,595,191
Utility [Member]
Segment Financial Information
Revenue from Contract with Customer, Excluding Assessed Tax	2,818,747		3,306,269		5,766,738	6,034,425
Income taxes (benefits)	144,489		(371,704)		78,363	(296,346)
Consolidated net income	514,498		156,548		912,664	499,704
Assets	64,059,477				64,059,477		61,399,243
All Other [Member]
Segment Financial Information
Revenue from Contract with Customer, Excluding Assessed Tax	27,287		88,933		60,358	238,711
Income taxes (benefits)	(9,693)		12,061		(22,542)	3,201
Consolidated net income	(40,559)		50,714		(70,953)	19,097
Assets	855,229				855,229		884,442
Eliminations
Segment Financial Information
Revenue from Contract with Customer, Excluding Assessed Tax	(8)		(6)		(11)	(14)
Income taxes (benefits)	0		0		0	0
Consolidated net income	(81,925)		$ (43,251)		(137,399)	$ (75,197)
Assets	$ (5,197,470)				$ (5,197,470)		$ (3,688,494)

Risk Management and Fair Valu_3

Risk Management and Fair Values (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2023 USD ($) MMBTU GWh	Dec. 31, 2022 USD ($)
Total volume of fixed transmission rights outstanding | GWh	140,203
Letters Of Credit	$ 3
Entergy Arkansas [Member]
Letters of Credit Outstanding, Amount	$ 5.9
Total volume of fixed transmission rights outstanding | GWh	34,517
Entergy Louisiana [Member]
Total volume of fixed transmission rights outstanding | GWh	60,886
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount		$ 0.2
Total volume of fixed transmission rights outstanding | GWh	17,426
Entergy New Orleans [Member]
Letters of Credit Outstanding, Amount		0.2
Total volume of fixed transmission rights outstanding | GWh	5,439
Entergy Texas [Member]
Letters of Credit Outstanding, Amount		2.4
Total volume of fixed transmission rights outstanding | GWh	21,597
Gas Hedge Contracts [Member]
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU	21,084,400
Gas Hedge Contracts [Member] | Entergy Louisiana [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	9 months
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU	5,500,000
Gas Hedge Contracts [Member] | Entergy Mississippi [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	9 months
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU	15,305,100
Gas Hedge Contracts [Member] | Entergy New Orleans [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	9 months
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU	279,300
Entergy Wholesale Commodities [Member]
Cash collateral posted		8
Utility [Member]
Letters Of Credit	$ 6	$ 3

Risk Management and Fair Valu_4

Risk Management and Fair Values (Fair Values Of Derivative Instruments) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Entergy Wholesale Commodities [Member]
Liabilities:
Cash collateral posted		$ 8
Other Deferred Debits And Other Assets [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Fair Value, Gross Asset		3
Derivative, Collateral, Obligation to Return Cash		$ 0
Derivative Asset, Statement of Financial Position [Extensible Enumeration]		Other Assets, Noncurrent
Prepayments And Other [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Fair Value, Gross Asset	$ 2	$ 13
Derivative, Collateral, Obligation to Return Cash	$ 0	$ 0
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid Expense and Other Assets	Prepaid Expense and Other Assets
Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Fair Value, Gross Asset	$ 44	$ 21
Derivative, Collateral, Obligation to Return Cash	$ (4)	$ (2)
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid Expense and Other Assets	Prepaid Expense and Other Assets
Other Current Liabilities [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	$ 12	$ 25
Derivative, Collateral, Right to Reclaim Cash	$ 0	$ 0
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Current	Other Liabilities, Current
Entergy Louisiana [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid Expense and Other Assets	Prepaid Expense and Other Assets
Entergy Louisiana [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid Expense and Other Assets	Prepaid Expense and Other Assets
Entergy Louisiana [Member] | Other Deferred Debits And Other Assets [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Fair Value, Gross Asset		$ 3.4
Derivative, Collateral, Obligation to Return Cash		0
Entergy Louisiana [Member] | Prepayments And Other [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Fair Value, Gross Asset	$ 2.1	13.1
Derivative, Collateral, Obligation to Return Cash	0	0
Entergy Louisiana [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Fair Value, Gross Asset	16.9	7.7
Derivative, Collateral, Obligation to Return Cash	$ 0.2	(0.4)
Entergy Mississippi [Member]
Liabilities:
Letters of Credit Outstanding, Amount		$ 0.2
Entergy Mississippi [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Current	Other Liabilities, Current
Entergy Mississippi [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid Expense and Other Assets	Prepaid Expense and Other Assets
Entergy Mississippi [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Fair Value, Gross Asset	$ 2	$ 0.6
Derivative, Collateral, Obligation to Return Cash	0.8	0
Entergy Mississippi [Member] | Other Current Liabilities [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	12.6	24
Derivative, Collateral, Right to Reclaim Cash	$ 0	0
Entergy New Orleans [Member]
Liabilities:
Letters of Credit Outstanding, Amount		$ 0.2
Entergy New Orleans [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Statement of Financial Position [Extensible Enumeration]		Other Liabilities, Current
Entergy New Orleans [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid Expense and Other Assets	Prepaid Expense and Other Assets
Entergy New Orleans [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Fair Value, Gross Asset	$ 1.6	$ 0.8
Derivative, Collateral, Obligation to Return Cash	0.1	0
Entergy New Orleans [Member] | Other Current Liabilities [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability		1.5
Derivative, Collateral, Right to Reclaim Cash		$ 0
Entergy Arkansas [Member]
Liabilities:
Letters of Credit Outstanding, Amount	$ 5.9
Entergy Arkansas [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid Expense and Other Assets	Prepaid Expense and Other Assets
Entergy Arkansas [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Fair Value, Gross Asset	$ 19.8	$ 10.3
Derivative, Collateral, Obligation to Return Cash	$ (0.2)	0
Entergy Texas [Member]
Liabilities:
Letters of Credit Outstanding, Amount		$ 2.4
Entergy Texas [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid Expense and Other Assets	Prepaid Expense and Other Assets
Entergy Texas [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset, Fair Value, Gross Asset	$ 3.5	$ 1.2
Derivative, Collateral, Obligation to Return Cash	$ (2.3)	$ 1.1

Risk Management and Fair Valu_5

Risk Management and Fair Values (Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Fuel, Fuel Related Expenses And Gas Purchased For Resale [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Utilities Operating Expense, Fuel Used	Utilities Operating Expense, Fuel Used	Utilities Operating Expense, Fuel Used	Utilities Operating Expense, Fuel Used
Purchased Power Expense [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power
Entergy Arkansas [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount	$ 5.9		$ 5.9
Entergy Arkansas [Member] | Purchased Power Expense [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power
Entergy Louisiana [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Asset, Noncurrent, Statement of Financial Position [Extensible Enumeration]					Other Assets, Noncurrent
Entergy Louisiana [Member] | Fuel, Fuel Related Expenses And Gas Purchased For Resale [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Utilities Operating Expense, Fuel Used	Utilities Operating Expense, Fuel Used	Utilities Operating Expense, Fuel Used	Utilities Operating Expense, Fuel Used
Entergy Louisiana [Member] | Purchased Power Expense [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power
Entergy Mississippi [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount					$ 0.2
Entergy Mississippi [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member] | Other Current Liabilities [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Liability, Fair Value, Gross Liability	$ 12.6		$ 12.6		24
Derivative, Collateral, Right to Reclaim Cash	$ 0		$ 0		0
Entergy Mississippi [Member] | Fuel, Fuel Related Expenses And Gas Purchased For Resale [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Utilities Operating Expense, Fuel Used	Utilities Operating Expense, Fuel Used	Utilities Operating Expense, Fuel Used	Utilities Operating Expense, Fuel Used
Entergy Mississippi [Member] | Purchased Power Expense [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power
Entergy New Orleans [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount					0.2
Entergy New Orleans [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member] | Other Current Liabilities [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Liability, Fair Value, Gross Liability					1.5
Derivative, Collateral, Right to Reclaim Cash					0
Entergy New Orleans [Member] | Fuel, Fuel Related Expenses And Gas Purchased For Resale [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Utilities Operating Expense, Fuel Used	Utilities Operating Expense, Fuel Used	Utilities Operating Expense, Fuel Used	Utilities Operating Expense, Fuel Used
Entergy New Orleans [Member] | Purchased Power Expense [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power
Entergy Texas [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount					$ 2.4
Entergy Texas [Member] | Purchased Power Expense [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power	Utilities Operating Expense, Purchased Power

Risk Management and Fair Valu_6

Risk Management and Fair Values (Assets And Liabilities At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	$ 1,126,621	$ 108,874
Assets at fair value on a recurring basis
Securitization recovery trust account	5,000	13,000
Replacement Reserve Escrow	411,000	402,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	6,145,000	4,681,000
Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	12,000	25,000
Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	1,707,000	1,656,000
Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	2,834,000	2,442,000
Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,000	16,000
Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	40,000	19,000
Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	19,000	24,000
Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	1,127,000	109,000
Assets at fair value on a recurring basis
Securitization recovery trust account	5,000	13,000
Replacement Reserve Escrow	411,000	402,000
Equity Securities, FV-NI	19,000	24,000
Debt Securities	586,000	534,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	2,150,000	1,095,000
Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	12,000	25,000
Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,000	13,000
Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Securitization recovery trust account	0	0
Replacement Reserve Escrow	0	0
Equity Securities, FV-NI	0	0
Debt Securities	1,121,000	1,122,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,121,000	1,125,000
Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	0	0
Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	3,000
Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Securitization recovery trust account	0	0
Replacement Reserve Escrow	0	0
Equity Securities, FV-NI	0	0
Debt Securities	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	40,000	19,000
Fair Value, Inputs, Level 3 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	0	0
Fair Value, Inputs, Level 3 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	40,000	19,000
Entergy New Orleans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	141,345	4,437
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	1,680	2,235
Replacement Reserve Escrow	76,700	75,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	221,200	82,400
Entergy New Orleans [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		1,500
Entergy New Orleans [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,500	800
Entergy New Orleans [Member] | Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	141,300	4,400
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	1,700	2,200
Replacement Reserve Escrow	76,700	75,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	219,700	81,600
Entergy New Orleans [Member] | Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		1,500
Entergy New Orleans [Member] | Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Replacement Reserve Escrow	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	0	0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Replacement Reserve Escrow	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,500	800
Entergy New Orleans [Member] | Fair Value, Inputs, Level 3 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,500	800
Entergy Mississippi [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	8,427	16,953
Assets at fair value on a recurring basis
Replacement Reserve Escrow	34,300	33,500
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	43,900	51,100
Entergy Mississippi [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	12,600	24,000
Entergy Mississippi [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,200	600
Entergy Mississippi [Member] | Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	8,400	17,000
Assets at fair value on a recurring basis
Replacement Reserve Escrow	34,300	33,500
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	42,700	50,500
Entergy Mississippi [Member] | Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	12,600	24,000
Entergy Mississippi [Member] | Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Replacement Reserve Escrow	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	0	0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	0	0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Replacement Reserve Escrow	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,200	600
Entergy Mississippi [Member] | Fair Value, Inputs, Level 3 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	0	0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,200	600
Entergy Louisiana [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	856,766	6,295
Assets at fair value on a recurring basis
Replacement Reserve Escrow	300,000	293,400
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	3,148,700	2,102,600
Entergy Louisiana [Member] | Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	753,400	725,100
Entergy Louisiana [Member] | Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	1,205,300	1,037,200
Entergy Louisiana [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,100	16,500
Entergy Louisiana [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	16,700	7,300
Entergy Louisiana [Member] | Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	14,400	16,800
Entergy Louisiana [Member] | Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	856,800	6,300
Assets at fair value on a recurring basis
Replacement Reserve Escrow	300,000	293,400
Equity Securities, FV-NI	14,400	16,800
Debt Securities	249,500	209,400
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,422,800	539,000
Entergy Louisiana [Member] | Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,100	13,100
Entergy Louisiana [Member] | Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Replacement Reserve Escrow	0	0
Equity Securities, FV-NI	0	0
Debt Securities	503,900	515,700
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	503,900	519,100
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	3,400
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Replacement Reserve Escrow	0	0
Equity Securities, FV-NI	0	0
Debt Securities	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	16,700	7,300
Entergy Louisiana [Member] | Fair Value, Inputs, Level 3 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	16,700	7,300
Entergy Arkansas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	3,861	3,367
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,350,100	1,213,600
Entergy Arkansas [Member] | Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	484,800	470,700
Entergy Arkansas [Member] | Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	840,200	724,700
Entergy Arkansas [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	19,600	10,300
Entergy Arkansas [Member] | Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	1,600	4,500
Entergy Arkansas [Member] | Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	3,900	3,400
Assets at fair value on a recurring basis
Equity Securities, FV-NI	1,600	4,500
Debt Securities	135,700	126,800
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	141,200	134,700
Entergy Arkansas [Member] | Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Arkansas [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Equity Securities, FV-NI	0	0
Debt Securities	349,100	343,900
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	349,100	343,900
Entergy Arkansas [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Arkansas [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Equity Securities, FV-NI	0	0
Debt Securities	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	19,600	10,300
Entergy Arkansas [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	19,600	10,300
Entergy Texas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	2,796	2,997
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	3,631	10,879
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	7,600	14,000
Entergy Texas [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,200	100
Entergy Texas [Member] | Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	2,800	3,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	3,600	10,900
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	6,400	13,900
Entergy Texas [Member] | Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Texas [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	0	0
Entergy Texas [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Texas [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,200	100
Entergy Texas [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,200	100
System Energy [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	46,240	2,862
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,306,500	1,145,800
System Energy [Member] | Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	469,100	459,700
System Energy [Member] | Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	788,700	680,400
System Energy [Member] | Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	2,500	2,800
System Energy [Member] | Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	46,200	2,900
Assets at fair value on a recurring basis
Equity Securities, FV-NI	2,500	2,800
Debt Securities	200,700	197,500
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	249,400	203,200
System Energy [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Equity Securities, FV-NI	0	0
Debt Securities	268,400	262,200
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	268,400	262,200
System Energy [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Equity Securities, FV-NI	0	0
Debt Securities	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	$ 0	$ 0

Risk Management and Fair Valu_7

Risk Management and Fair Values (Reconciliation Of Changes In The Net Assets (Liabilities) For The Fair Value Of Derivatives Classified As Level 3 In The Fair Value Hierarchy) (Details) - Fixed Transmission Rights (FTRs) [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	$ 40	$ 12	$ 40	$ 12	$ 7	$ 19	$ 1	$ 4
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	23	32	27	52
Issuance of Financial Transmission Rights	42	16	42	16
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(32)	(37)	(48)	(60)
Entergy Arkansas [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	19.6	4.4	19.6	4.4	4	10.3	0.4	2.3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				20.2
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	(0.9)	14.6	(3.3)
Issuance of Financial Transmission Rights	20.6	5.4	20.6	5.4
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(4.1)	(16)	(8)	(23.5)
Entergy Louisiana [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	16.7	4.7	16.7	4.7	2.5	7.3	0.3	0.6
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				24.3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	15.6	15.2	19.6
Issuance of Financial Transmission Rights	18.1	5.3	18.1	5.3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(19.5)	(16.1)	(28.3)	(25.5)
Entergy Mississippi [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	1.2	0.5	1.2	0.5	0.2	0.6	0.2	0.3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				2.6
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	2.6	1.7	3.7
Issuance of Financial Transmission Rights	1.4	0.8	1.4	0.8
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(3)	(2.2)	(4.5)	(3.2)
Entergy New Orleans [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	1.5	0.6	1.5	0.6	0.3	0.8	0.1	0.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				2.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	1.3	1.3	1.7
Issuance of Financial Transmission Rights	1.4	0.8	1.4	0.8
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(1.5)	(1.6)	(2.4)	(2.4)
Entergy Texas [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	1.2	1.5	1.2	1.5		$ 0.1	$ 0.5	$ 0.8
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				1.7
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	4.6	(1.9)	5.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value					$ (0.1)
Issuance of Financial Transmission Rights	0.2	3.9	0.2	3.9
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	$ (3.5)	$ (1)	$ (4.2)	$ (4.9)

Risk Management and Fair Valu_8

Risk Management and Fair Values (Schedules Of Valuation Techniques) (Details) - Gas Hedge Contracts [Member]	6 Months Ended
	Jun. 30, 2023
Entergy Louisiana [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	9 months
Entergy Mississippi [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	9 months
Entergy New Orleans [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	9 months

Decommissioning Trust Funds (Na

Decommissioning Trust Funds (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Jun. 28, 2022
Decommissioning Trust Funds [Abstract]
Deferred taxes on unrealized gains/(losses) recorded in OCI for non-regulated decommissioning trusts	$ 0	$ 3,768,000	$ 0	$ (3,453,000)
Amortized cost of debt securities	$ 1,874,000,000		$ 1,874,000,000		$ 1,852,000,000
Average coupon rate of debt securities	3.15%		3.15%
Average duration of debt securities, years			6 years 4 months 17 days
Average maturity of debt securities, years			10 years 9 months 21 days
Proceeds from the dispositions of debt securities	$ 136,000,000	333,000,000	$ 260,000,000	636,000,000
Equity Securities, FV-NI, Unrealized Loss	211,000,000		372,000,000
Debt Securities, Available-for-sale, Realized Gain		1,000,000	1,000,000	2,000,000
Debt Securities, Available-for-sale, Realized Loss	8,000,000	16,000,000	17,000,000	28,000,000
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale				1,500,000
Debt Securities [Member]
Decommissioning Trust Funds [Abstract]
Deferred taxes on unrealized gains/(losses) recorded in OCI for non-regulated decommissioning trusts			0		0
Entergy Arkansas [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 546,800,000		$ 546,800,000		539,800,000
Average coupon rate of debt securities	2.46%		2.46%
Average duration of debt securities, years			5 years 11 months 8 days
Average maturity of debt securities, years			7 years 5 months 4 days
Proceeds from the dispositions of debt securities	$ 900,000	8,800,000	$ 16,600,000	15,900,000
Equity Securities, FV-NI, Unrealized Loss	62,100,000		109,400,000
Debt Securities, Available-for-sale, Realized Gain	0	30,000	0	60,000
Debt Securities, Available-for-sale, Realized Loss	100,000	300,000	1,700,000	500,000
Entergy Louisiana [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 804,000,000		$ 804,000,000		789,100,000
Average coupon rate of debt securities	3.69%		3.69%
Average duration of debt securities, years			6 years 6 months 14 days
Average maturity of debt securities, years			13 years 1 month 6 days
Proceeds from the dispositions of debt securities	$ 65,200,000	120,300,000	$ 132,600,000	240,900,000
Percentage Interest in River Bend			30%
Equity Securities, FV-NI, Unrealized Loss	90,300,000		$ 159,600,000
Debt Securities, Available-for-sale, Realized Gain	100,000	200,000	500,000	1,100,000
Debt Securities, Available-for-sale, Realized Loss	4,000,000	6,700,000	9,000,000	12,200,000
System Energy [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 523,400,000		$ 523,400,000		$ 522,700,000
Average coupon rate of debt securities	2.97%		2.97%
Average duration of debt securities, years			6 years 6 months 21 days
Average maturity of debt securities, years			10 years 6 months 29 days
Proceeds from the dispositions of debt securities	$ 69,900,000	67,800,000	$ 111,200,000	104,000,000
Equity Securities, FV-NI, Unrealized Loss	58,400,000		102,800,000
Debt Securities, Available-for-sale, Realized Gain	0	100,000	0	200,000
Debt Securities, Available-for-sale, Realized Loss	$ 4,100,000	$ 4,600,000	$ 6,300,000	$ 5,300,000
Palisades [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value						$ 552,000,000

Decommissioning Trust Funds (Se

Decommissioning Trust Funds (Securities Held) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Total	$ 1,707	$ 1,655
Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	172	201
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	5	4
Total	1,707	1,655
Entergy Arkansas [Member]
Debt Securities, Available-for-sale [Line Items]
Total	484.8	470.7
Entergy Arkansas [Member] | Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	62.4	69.3
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0.4	0.2
Total	484.8	470.7
Entergy Louisiana [Member]
Debt Securities, Available-for-sale [Line Items]
Total	753.4	725.1
Entergy Louisiana [Member] | Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	54.1	67.5
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	3.4	3.5
Total	753.4	725.1
System Energy [Member]
Debt Securities, Available-for-sale [Line Items]
Total	469.1	459.7
System Energy [Member] | Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	55.1	63.7
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0.8	0.7
Total	$ 469.1	$ 459.7

Decommissioning Trust Funds (Av

Decommissioning Trust Funds (Available For Sale Securities Continuous Unrealized Loss Position Fair Value) (Details) - Debt Securities [Member] - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value	$ 583	$ 840
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	922	666
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	1,505	1,506
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	21	63
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	151	138
Debt Securities, Available-for-sale, Unrealized Loss Position	172	201
Entergy Arkansas [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value	75	197.6
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	379.7	260.1
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	454.7	457.7
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	2.2	18.8
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	60.2	50.5
Debt Securities, Available-for-sale, Unrealized Loss Position	62.4	69.3
Entergy Louisiana [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value	312.5	409.9
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	302.5	207.5
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	615	617.4
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	9.5	24.6
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	44.6	42.9
Debt Securities, Available-for-sale, Unrealized Loss Position	54.1	67.5
System Energy [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value	195.8	231.9
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	239.4	198
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	435.2	429.9
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	9.5	19.2
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	45.6	44.5
Debt Securities, Available-for-sale, Unrealized Loss Position	$ 55.1	$ 63.7

Decommissioning Trust Funds (Fa

Decommissioning Trust Funds (Fair Value Of Debt Securities By Contractual Maturities) (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Fair value of debt securities by contractual maturities
1 year - 5 years	$ 490,000	$ 520,000
5 years - 10 years	481,000	461,000
10 years - 15 years	116,000	117,000
15 years - 20 years	156,000	161,000
20 years+	358,000	334,000
Total	1,707,000	1,655,000
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	106,000	62,000
Decommissioning Fund Investments	4,560,006	4,121,864
Entergy Arkansas [Member]
Fair value of debt securities by contractual maturities
1 year - 5 years	146,700	159,700
5 years - 10 years	194,700	191,700
10 years - 15 years	42,100	38,000
15 years - 20 years	42,100	42,600
20 years+	20,300	17,500
Total	484,800	470,700
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	38,900	21,200
Decommissioning Fund Investments	1,326,627	1,199,860
Entergy Louisiana [Member]
Fair value of debt securities by contractual maturities
1 year - 5 years	153,300	159,100
5 years - 10 years	170,000	161,700
10 years - 15 years	68,900	67,100
15 years - 20 years	77,200	83,300
20 years+	238,400	220,300
Total	753,400	725,100
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	45,600	33,600
Decommissioning Fund Investments	1,973,128	1,779,090
System Energy [Member]
Fair value of debt securities by contractual maturities
1 year - 5 years	190,100	201,700
5 years - 10 years	115,800	107,100
10 years - 15 years	4,800	11,700
15 years - 20 years	36,300	35,000
20 years+	101,100	97,400
Total	469,100	459,700
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	21,000	6,800
Decommissioning Fund Investments	$ 1,260,251	$ 1,142,914

Income Taxes Income Taxes (Redu

Income Taxes Income Taxes (Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT (Details) - USD ($)	3 Months Ended			6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Apr. 30, 2023	Apr. 01, 2023	Dec. 31, 2022
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	$ 0		$ 16,000,000	$ 0	$ 33,000,000
Regulatory Liability For Income Taxes Net	1,225,578,000			1,225,578,000				$ 1,258,276,000
Entergy Arkansas [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	0			0
State Effective Income tax Rate, Percent		5.30%					5.10%
Regulatory Liability For Income Taxes Net	424,591,000			424,591,000		$ 8,000,000		435,157,000
Entergy Louisiana [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	0		9,000,000	0	18,000,000
Regulatory charge recorded as a result of reduction in income tax expense		$ 103,000,000
Regulatory charge recorded as a result of reduction in income tax expense, net of tax		76,000,000
Reduction to income tax expense - net of provision for uncertain tax positions		133,000,000
Reduction to income tax expense - net, offset by other tax charges		$ 129,000,000
Regulatory Liability For Income Taxes Net	328,105,000			328,105,000				337,836,000
Entergy Mississippi [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	0			0
Regulatory Liability For Income Taxes Net	196,612,000			196,612,000				202,058,000
Entergy New Orleans [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	0			0	1,000,000
Regulatory Liability For Income Taxes Net	42,162,000			42,162,000				39,738,000
Entergy Texas [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	0		$ 7,000,000	0	$ 14,000,000
Regulatory Liability For Income Taxes Net	124,742,000			124,742,000				132,647,000
System Energy [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	0			0
Regulatory Liability For Income Taxes Net	$ 109,366,000			$ 109,366,000				$ 110,840,000

Property, Plant, And Equipment

Property, Plant, And Equipment (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Construction expenditures in accounts payable	$ 499	$ 459
Entergy Arkansas [Member]
Construction expenditures in accounts payable	113.2	93.2
Entergy Louisiana [Member]
Construction expenditures in accounts payable	136.1	154.3
Entergy Mississippi [Member]
Construction expenditures in accounts payable	66.8	59.5
Entergy New Orleans [Member]
Construction expenditures in accounts payable	8.5	11.2
Entergy Texas [Member]
Construction expenditures in accounts payable	104.6	68.9
System Energy [Member]
Construction expenditures in accounts payable	$ 17.7	$ 29

Variable Interest Entities (Nar

Variable Interest Entities (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023	Dec. 31, 2022
Variable Interest Entity [Line Items]
Assets	$ 59,717,236			$ 58,595,191
Entergy New Orleans [Member]
Variable Interest Entity [Line Items]
Assets	2,263,679			2,212,401
Entergy Louisiana [Member]
Variable Interest Entity [Line Items]
Assets	29,980,473			28,144,555
Members' Equity Attributable to Noncontrolling Interest	$ 47,215			31,735
Entergy Louisiana [Member] | Restoration Law Trust II (storm trust II) [Member]
Variable Interest Entity [Line Items]
LURC's beneficial interest in the storm trust, percentage	1%
Entergy Louisiana [Member] | Restoration Law Trust I
Variable Interest Entity [Line Items]
LURC's beneficial interest in the storm trust, percentage	1%
Entergy Louisiana [Member] | Restoration Law Trust II
Variable Interest Entity [Line Items]
LURC's beneficial interest in the storm trust, percentage	1%
Entergy Louisiana [Member] | Entergy Finance Company [Member] | Restoration Law Trust II (storm trust II) [Member]
Variable Interest Entity [Line Items]
Members' Equity Attributable to Noncontrolling Interest			$ 14,600
Entergy Louisiana [Member] | Entergy Finance Company [Member] | Restoration Law Trust I
Variable Interest Entity [Line Items]
Redeemable Noncontrolling Interest, Equity, Preferred, Fair Value	$ 3,100,000			3,200,000
Members' Equity Attributable to Noncontrolling Interest	32,400			31,700
Entergy Louisiana [Member] | Entergy Finance Company [Member] | Restoration Law Trust II
Variable Interest Entity [Line Items]
Redeemable Noncontrolling Interest, Equity, Preferred, Fair Value	1,500,000
Members' Equity Attributable to Noncontrolling Interest	14,900
System Energy [Member]
Variable Interest Entity [Line Items]
Assets	$ 4,262,237			4,214,146
System Energy [Member] | Grand Gulf [Member]
Variable Interest Entity [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage	11.50%
Payments on lease, including interest	$ 8,600	$ 8,600
Entergy Arkansas [Member]
Variable Interest Entity [Line Items]
Assets	13,422,699			13,006,576
Members' Equity Attributable to Noncontrolling Interest	24,973			27,825
Entergy Arkansas [Member] | AR Searcy Partnership, LLC
Variable Interest Entity [Line Items]
Assets	137,600			138,300
Ownership Interest in Partnership, Carrying Value	110,800			109,000
Entergy Mississippi [Member]
Variable Interest Entity [Line Items]
Assets	6,159,732			6,078,764
Entergy Mississippi [Member] | MS Sunflower Partnership, LLC
Variable Interest Entity [Line Items]
Assets	163,500			154,500
Ownership Interest in Partnership, Carrying Value	$ 126,400			$ 117,200

Revenue Recognition (Disaggrega

Revenue Recognition (Disaggregation of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,846,026	$ 3,395,196	$ 5,827,085	$ 6,273,122
Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	616,347	696,939	1,199,096	1,255,895
Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,205,612	1,515,785	2,550,820	2,781,757
Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	445,130	405,459	857,558	754,488
Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	188,016	254,249	396,836	452,521
Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	464,430	564,591	971,936	1,037,073
Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,785,244	3,258,255	5,668,654	5,914,031
Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	616,347	696,939	1,199,096	1,255,895
Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,191,909	1,497,942	2,511,661	2,735,179
Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	445,130	405,459	857,558	754,488
Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	168,216	224,084	337,911	378,730
Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	464,430	564,591	971,936	1,037,073
Natural Gas, US Regulated [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	33,503	48,008	98,084	120,369
Natural Gas, US Regulated [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Natural Gas, US Regulated [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	13,703	17,843	39,159	46,578
Natural Gas, US Regulated [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Natural Gas, US Regulated [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	19,800	30,165	58,925	73,791
Natural Gas, US Regulated [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Competitive Businesses [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	27,279	88,933	60,347	238,722
Residential [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	951,424	1,035,063	1,992,883	2,021,085
Residential [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	204,808	199,209	444,307	426,995
Residential [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	334,246	400,915	694,892	754,483
Residential [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	163,001	143,705	332,390	296,643
Residential [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	68,535	80,484	132,101	139,141
Residential [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	180,834	210,750	389,193	403,823
Commercial [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	692,788	715,665	1,407,089	1,350,290
Commercial [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	136,591	127,230	261,927	240,469
Commercial [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	253,365	290,063	531,543	547,653
Commercial [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	142,997	118,278	276,673	228,939
Commercial [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	56,095	58,801	110,164	104,373
Commercial [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	103,740	121,293	226,782	228,856
Industrial [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	750,177	878,194	1,613,899	1,621,828
Industrial [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	153,817	135,809	285,053	245,483
Industrial [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	407,045	536,229	916,949	988,182
Industrial [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	54,738	43,738	106,153	82,895
Industrial [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	7,562	9,216	14,975	15,490
Industrial [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	127,015	153,202	290,769	289,778
Governmental [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	63,816	67,101	131,153	124,395
Governmental [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	4,945	5,137	9,605	9,598
Governmental [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	19,407	21,841	42,481	40,857
Governmental [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	14,971	12,611	28,854	24,612
Governmental [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	17,896	20,179	35,694	35,211
Governmental [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	6,597	7,333	14,519	14,117
Billed Retail [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,458,205	2,696,023	5,145,024	5,117,598
Billed Retail [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	500,161	467,385	1,000,892	922,545
Billed Retail [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,014,063	1,249,048	2,185,865	2,331,175
Billed Retail [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	375,707	318,332	744,070	633,089
Billed Retail [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	150,088	168,680	292,934	294,215
Billed Retail [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	418,186	492,578	921,263	936,574
Sales for Resale [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	68,262	249,035	176,209	377,994
Sales for Resale [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	48,266	156,754	114,283	227,167
Sales for Resale [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	80,248	123,231	163,484	230,932
Sales for Resale [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	26,073	43,524	64,816	65,165
Sales for Resale [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	11,075	36,825	35,985	63,365
Sales for Resale [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,986	18,133	4,431	35,778
Non-Customer [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	11,446	10,846	55,633	22,208
Non-Customer [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,113	1,980	4,397	4,791
Non-Customer [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	6,226	5,816	44,373	11,743
Non-Customer [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,384	2,278	4,832	4,572
Non-Customer [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,386	1,136	2,908	2,314
Non-Customer [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(603)	(379)	(843)	(988)
Other Electric [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	247,331	302,351	291,788	396,231
Other Electric [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	65,807	70,820	79,524	101,392
Other Electric [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	91,372	119,847	117,939	161,329
Other Electric [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	40,966	41,325	43,840	51,662
Other Electric [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	5,667	17,443	6,084	18,836
Other Electric [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	44,861	54,259	47,085	65,709
Revenues from customers [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,773,798	3,247,409	5,613,021	5,891,823
Revenues from customers [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	614,234	694,959	1,194,699	1,251,104
Revenues from customers [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,185,683	1,492,126	2,467,288	2,723,436
Revenues from customers [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	442,746	403,181	852,726	749,916
Revenues from customers [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	166,830	222,948	335,003	376,416
Revenues from customers [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	465,033	564,970	972,779	1,038,061
Competitive Business Sales [Member] | Other revenues
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 27,279	$ 88,933	$ 60,347	$ 238,722

Revenue Recognition (Allowance

Revenue Recognition (Allowance for Doubtful Accounts) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	$ 21.8	$ 25.6	$ 30.9	$ 68.6
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	15.5	11
Accounts Receivable, Allowance for Credit Loss, Writeoff	(51.5)	(75.5)
Accounts Receivable, Allowance for Credit Loss, Recovery	26.9	21.5
COVID-19 Pandemic [Member]
Disaggregation of Revenue [Line Items]
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)		(8.9)
Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	5.2	6.2	6.5	13.1
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	3.2	8.2
Accounts Receivable, Allowance for Credit Loss, Writeoff	(13.2)	(21.8)
Accounts Receivable, Allowance for Credit Loss, Recovery	8.7	6.7
Entergy Arkansas [Member] | COVID-19 Pandemic [Member]
Disaggregation of Revenue [Line Items]
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)		3.9
Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	4.9	7.7	7.6	29.2
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	7	0.4
Accounts Receivable, Allowance for Credit Loss, Writeoff	(21.4)	(29.8)
Accounts Receivable, Allowance for Credit Loss, Recovery	11.7	7.9
Entergy Louisiana [Member] | COVID-19 Pandemic [Member]
Disaggregation of Revenue [Line Items]
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)		(8.5)
Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	2.4	2.2	2.5	7.2
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	2.1	0.2
Accounts Receivable, Allowance for Credit Loss, Writeoff	(3.7)	(7.4)
Accounts Receivable, Allowance for Credit Loss, Recovery	1.5	2.2
Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	7.6	6.9	11.9	13.3
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	0.7	0.9
Accounts Receivable, Allowance for Credit Loss, Writeoff	(6.5)	(10.4)
Accounts Receivable, Allowance for Credit Loss, Recovery	1.5	3.1
Entergy New Orleans [Member] | COVID-19 Pandemic [Member]
Disaggregation of Revenue [Line Items]
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)		(3)
Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	1.7	2.6	$ 2.4	$ 5.8
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	2.5	1.3
Accounts Receivable, Allowance for Credit Loss, Writeoff	(6.7)	(6.1)
Accounts Receivable, Allowance for Credit Loss, Recovery	$ 3.5	1.6
Entergy Texas [Member] | COVID-19 Pandemic [Member]
Disaggregation of Revenue [Line Items]
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)		$ (1.3)

Uncategorized Items - etr-20230

Label	Element	Value
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 442,559,000
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	224,164,000
Entergy Arkansas [Member]
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	12,915,000
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5,278,000
Entergy Mississippi [Member]
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	47,627,000
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	16,979,000
Entergy Louisiana [Member]
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	18,573,000
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	56,613,000
Entergy Texas [Member]
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	28,000
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3,497,000
Entergy New Orleans [Member]
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	42,862,000
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4,464,000
System Energy [Member]
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	89,201,000
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 2,940,000