System Energy Resources 10-Q 5 Nov 21 2021 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2021	Oct. 29, 2021
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	Sep. 30, 2021
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
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		200,981,298
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	670-3700
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	10055 Grogans Mill Road
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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	$ 3,353,532	$ 2,903,568	$ 9,020,440	$ 7,743,534
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	737,785	421,668	1,865,016	1,160,076
Nuclear refueling outage expenses	43,309	44,384	130,747	139,496
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	700,595	751,337	2,188,498	2,189,681
Asset Impairment Charges	(139)	4,461	345,226	16,332
Decommissioning	60,364	95,155	245,205	284,251
Taxes, Other	182,347	171,425	494,960	500,364
Other Depreciation and Amortization	421,745	401,578	1,257,809	1,205,057
Other regulatory charges (credits) - net	68,324	(29,380)	45,464	(62,306)
Costs and Expenses	2,525,662	2,125,552	7,516,363	6,126,450
OPERATING INCOME	827,870	778,016	1,504,077	1,617,084
OTHER INCOME
Allowance for equity funds used during construction	17,180	24,915	48,629	89,238
Investment Income, Net	75,112	127,857	289,757	195,826
Miscellaneous - net	(16,797)	(58,914)	(140,571)	(129,145)
TOTAL	75,495	93,858	197,815	155,919
INTEREST EXPENSE
Interest Expense, Debt	216,612	207,811	642,839	630,199
Allowance for borrowed funds used during construction	(7,112)	(11,080)	(20,088)	(38,667)
TOTAL	209,500	196,731	622,751	591,532
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	693,865	675,143	1,079,141	1,181,471
Income taxes	158,282	149,444	205,808	167,366
Consolidated net income	535,583	525,699	873,333	1,014,105
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	$ 4,580	$ 4,580	$ 13,739	$ 13,739
Earnings per average common share:
Basic (in dollars per share)	$ 2.64	$ 2.60	$ 4.28	$ 5
Diluted (in dollars per share)	$ 2.63	$ 2.59	$ 4.26	$ 4.98
Basic average number of common shares outstanding (in shares)	200,963,049	200,220,018	200,756,267	200,063,256
Diluted average number of common shares outstanding (in shares)	202,003,329	201,115,768	201,568,508	200,957,465
Net Income (Loss) Available to Common Stockholders, Basic	$ 531,003	$ 521,119	$ 859,594	$ 1,000,366
Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	3,159,969	2,666,805	8,339,764	6,907,999
Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	31,254	22,357	121,420	88,829
Competitive Businesses [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	162,309	214,406	559,256	746,706
Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	311,332	264,924	943,438	693,499
Entergy Mississippi [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	420,319	356,496	1,105,978	948,372
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	54,505	41,771	180,315	143,798
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	72,523	74,891	214,253	203,571
Taxes, Other	25,911	24,638	78,886	74,525
Other Depreciation and Amortization	57,130	52,486	168,324	155,937
Other regulatory charges (credits) - net	25,810	571	12,309	(9,806)
Costs and Expenses	321,126	262,653	871,817	745,643
OPERATING INCOME	99,193	93,843	234,161	202,729
OTHER INCOME
Allowance for equity funds used during construction	2,006	1,793	5,703	4,820
Investment Income, Net	1	13	50	268
Miscellaneous - net	(1,844)	(2,497)	(6,362)	(7,382)
TOTAL	163	(691)	(609)	(2,294)
INTEREST EXPENSE
Interest Expense, Debt	19,024	17,650	55,559	51,425
Allowance for borrowed funds used during construction	(849)	(773)	(2,378)	(1,958)
TOTAL	18,175	16,877	53,181	49,467
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	81,181	76,275	180,371	150,968
Income taxes	18,586	17,686	40,388	30,960
Consolidated net income	62,595	58,589	139,983	120,008
Entergy Mississippi [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	420,319	356,496	1,105,978	948,372
Entergy Mississippi [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Mississippi [Member] | Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	85,247	68,296	217,730	177,618
Entergy Arkansas [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	722,683	644,389	1,856,343	1,618,068
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	94,580	77,239	295,317	217,342
Nuclear refueling outage expenses	13,207	13,010	39,389	42,809
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	175,236	169,898	503,242	486,525
Decommissioning	19,567	18,449	57,847	54,596
Taxes, Other	36,892	34,379	96,741	92,611
Other Depreciation and Amortization	90,887	84,515	269,442	252,574
Other regulatory charges (credits) - net	31,988	(28,348)	(27,649)	(67,632)
Costs and Expenses	536,936	426,741	1,440,577	1,224,636
OPERATING INCOME	185,747	217,648	415,766	393,432
OTHER INCOME
Allowance for equity funds used during construction	4,113	3,876	10,714	10,671
Investment Income, Net	53,661	2,218	78,809	18,402
Miscellaneous - net	(4,805)	(4,465)	(15,968)	(17,034)
TOTAL	52,969	1,629	73,555	12,039
INTEREST EXPENSE
Interest Expense, Debt	35,452	36,902	104,862	108,494
Allowance for borrowed funds used during construction	(1,793)	(1,702)	(4,655)	(4,686)
TOTAL	33,659	35,200	100,207	103,808
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	205,057	184,077	389,114	301,663
Income taxes	50,166	48,234	84,593	61,055
Consolidated net income	154,891	135,843	304,521	240,608
Entergy Arkansas [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	722,683	644,389	1,856,343	1,618,068
Entergy Arkansas [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Arkansas [Member] | Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	74,579	57,599	206,248	145,811
Entergy Louisiana [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	1,420,708	1,120,022	3,795,950	3,062,321
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	421,464	162,981	922,060	469,083
Nuclear refueling outage expenses	11,932	13,796	37,407	41,080
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	239,132	244,136	752,214	693,010
Decommissioning	17,250	16,407	51,108	48,611
Taxes, Other	63,428	61,797	167,880	160,592
Other Depreciation and Amortization	165,469	154,162	489,343	453,552
Other regulatory charges (credits) - net	(1,920)	(17,822)	7,560	(25,892)
Costs and Expenses	1,093,228	795,526	3,000,602	2,314,634
OPERATING INCOME	327,480	324,496	795,348	747,687
OTHER INCOME
Allowance for equity funds used during construction	7,247	6,255	20,183	27,197
Investment Income, Net	39,225	61,487	171,197	135,625
Miscellaneous - net	(8,924)	(40,025)	(79,595)	(57,235)
TOTAL	37,548	27,717	111,785	105,587
INTEREST EXPENSE
Interest Expense, Debt	87,295	82,716	260,731	248,529
Allowance for borrowed funds used during construction	(3,278)	(3,256)	(9,105)	(13,590)
TOTAL	84,017	79,460	251,626	234,939
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	281,011	272,753	655,507	618,335
Income taxes	56,536	49,287	120,479	35,014
Consolidated net income	224,475	223,466	535,028	583,321
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	224,475	223,466	535,028	583,321
Entergy Louisiana [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	1,407,737	1,110,217	3,741,979	3,024,359
Entergy Louisiana [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	12,971	9,805	53,971	37,962
Entergy Louisiana [Member] | Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	176,473	160,069	573,030	474,598
Entergy New Orleans [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	211,229	182,064	559,304	478,709
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	34,940	15,051	88,462	59,382
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	34,483	34,872	113,638	94,702
Taxes, Other	15,530	15,455	40,380	44,303
Other Depreciation and Amortization	18,444	16,134	54,758	46,835
Other regulatory charges (credits) - net	4,126	1,362	9,831	152
Costs and Expenses	182,883	149,742	508,276	426,694
OPERATING INCOME	28,346	32,322	51,028	52,015
OTHER INCOME
Allowance for equity funds used during construction	433	910	1,067	5,443
Investment Income, Net	18	13	32	109
Miscellaneous - net	(205)	(600)	(711)	(1,170)
TOTAL	246	323	388	4,382
INTEREST EXPENSE
Interest Expense, Debt	7,158	7,529	21,149	21,804
Allowance for borrowed funds used during construction	(192)	(438)	(475)	(2,618)
TOTAL	6,966	7,091	20,674	19,186
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	21,626	25,554	30,742	37,211
Income taxes	5,631	6,104	8,345	1,646
Consolidated net income	15,995	19,450	22,397	35,565
Entergy New Orleans [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	192,946	169,512	491,855	427,842
Entergy New Orleans [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	18,283	12,552	67,449	50,867
Entergy New Orleans [Member] | Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	75,360	66,868	201,207	181,320
Entergy Texas [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	541,632	494,922	1,452,286	1,206,452
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	92,843	96,902	269,270	186,038
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	68,973	60,423	202,743	179,883
Taxes, Other	30,479	15,642	73,025	55,438
Other Depreciation and Amortization	54,711	45,195	159,234	131,596
Other regulatory charges (credits) - net	10,029	29,250	51,122	69,342
Costs and Expenses	412,758	386,616	1,181,178	1,005,643
OPERATING INCOME	128,874	108,306	271,108	200,809
OTHER INCOME
Allowance for equity funds used during construction	1,836	10,875	6,951	33,117
Investment Income, Net	204	203	632	975
Miscellaneous - net	(507)	2,061	(1,457)	924
TOTAL	1,533	13,139	6,126	35,016
INTEREST EXPENSE
Interest Expense, Debt	21,220	22,648	66,157	68,643
Allowance for borrowed funds used during construction	(738)	(4,673)	(2,797)	(14,231)
TOTAL	20,482	17,975	63,360	54,412
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	109,925	103,470	213,874	181,413
Income taxes	15,084	11,306	24,185	9,674
Consolidated net income	94,841	92,164	189,689	171,739
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	470	470	1,411	1,411
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	94,371	91,694	188,278	170,328
Entergy Texas [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	541,632	494,922	1,452,286	1,206,452
Entergy Texas [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Texas [Member] | Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	155,723	139,204	425,784	383,346
System Energy [Member]
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	15,279	13,620	46,211	32,771
Nuclear refueling outage expenses	6,867	6,942	20,377	20,880
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	54,709	48,902	154,716	132,175
Decommissioning	9,721	9,341	28,875	27,746
Taxes, Other	7,268	7,203	21,061	22,281
Other Depreciation and Amortization	25,991	28,006	79,953	82,406
Other regulatory charges (credits) - net	(1,707)	(14,393)	(7,707)	(28,470)
Costs and Expenses	118,128	99,621	343,486	289,789
OPERATING INCOME	36,191	48,896	89,892	115,441
OTHER INCOME
Allowance for equity funds used during construction	1,546	1,206	4,012	7,990
Investment Income, Net	11,839	1,303	36,871	18,749
Miscellaneous - net	(4,372)	(3,354)	(14,282)	(7,971)
TOTAL	9,013	(845)	26,601	18,768
INTEREST EXPENSE
Interest Expense, Debt	9,513	8,427	28,627	25,501
Allowance for borrowed funds used during construction	(261)	(240)	(678)	(1,585)
TOTAL	9,252	8,187	27,949	23,916
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	35,952	39,864	88,544	110,293
Income taxes	8,453	8,800	6,851	21,725
Consolidated net income	27,499	31,064	81,693	88,568
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	27,499	31,064	81,693	88,568
System Energy [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	$ 154,319	$ 148,517	$ 433,378	$ 405,230

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
OPERATING ACTIVITIES
Consolidated net income	$ 873,333	$ 1,014,105
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	1,696,323	1,694,904
Deferred income taxes, investment tax credits, and non-current taxes accrued	280,193	320,726
Impairment of Long-Lived Assets Held-for-use	345,200	16,117
Changes in working capital:
Receivables	(245,082)	(200,990)
Fuel inventory	46,951	(608)
Accounts payable	362,529	174,083
Taxes accrued	19,611	206,769
Interest accrued	29,313	10,866
Deferred fuel costs	(356,833)	(48,162)
Other working capital accounts	(94,791)	(114,492)
Changes in provisions for estimated losses	(72,577)	(38,029)
Changes in other regulatory assets	(631,172)	(130,533)
Increase (Decrease) in Regulatory Liabilities	117,301	(38,371)
Changes in pension and other postretirement liabilities	(422,028)	(270,144)
Other Noncash Income (Expense)	62,712	(226,075)
Net cash flow provided by operating activities	2,010,983	2,370,166
INVESTING ACTIVITIES
Construction/capital expenditures	(3,925,632)	(3,175,559)
Allowance for equity funds used during construction	48,629	89,238
Proceeds from Sale of Productive Assets	17,421	0
Nuclear fuel purchases	(127,606)	(177,385)
Payments for Nuclear Fuel	(127,606)	(177,385)
Payments to storm reserve escrow account	(23)	(2,244)
Receipts from storm reserve escrow account	83,105	40,647
Increase (decrease) in other investments	4,239	(9,821)
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	49,236	67,252
Proceeds from nuclear decommissioning trust fund sales	4,475,142	1,597,492
Investment in nuclear decommissioning trust funds	(4,463,814)	(1,661,660)
Changes in securitization account	13,862	791
Net cash flow used in investing activities	(3,861,975)	(3,255,882)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	6,269,152	8,170,607
Proceeds from Sale of Treasury Stock	5,613	41,784
Proceeds from Issuance of Common Stock	26,817	0
Retirement of long-term debt	(4,046,791)	(5,386,227)
Changes in credit borrowings and commercial paper - net	(621,168)	(548,522)
Dividends paid:
Common stock	(572,131)	(558,121)
Other	44,176	(5,941)
Net cash flow provided by financing activities	1,091,929	1,699,658
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(759,063)	813,942
Cash and cash equivalents at beginning of period	1,759,099	425,722
Cash and cash equivalents at end of period	1,000,036	1,239,664
Cash paid / (received) during the period for:
Interest - net of amount capitalized	590,581	599,683
Income taxes	29,454	(2,484)
Dividends Paid, Preferred Stock	(13,739)	(13,922)
Payments to Acquire Productive Assets	36,534	24,633
Entergy Arkansas [Member]
OPERATING ACTIVITIES
Consolidated net income	304,521	240,608
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	380,481	366,549
Deferred income taxes, investment tax credits, and non-current taxes accrued	105,147	79,948
Changes in working capital:
Receivables	(107,075)	(73,890)
Fuel inventory	26,521	4,761
Accounts payable	15,485	(26,547)
Taxes accrued	(19,899)	(10,733)
Interest accrued	25,616	18,125
Deferred fuel costs	(113,004)	3,203
Other working capital accounts	(26,618)	(9,027)
Changes in provisions for estimated losses	(1,266)	3,508
Changes in other regulatory assets	74,022	(50,262)
Increase (Decrease) in Regulatory Liabilities	(46,061)	(484)
Changes in pension and other postretirement liabilities	(81,913)	(31,245)
Other Noncash Income (Expense)	(82,880)	(2,562)
Net cash flow provided by operating activities	453,077	511,952
INVESTING ACTIVITIES
Construction/capital expenditures	(495,203)	(593,249)
Allowance for equity funds used during construction	10,714	10,671
Payments to Acquire Buildings	0	(5,988)
Nuclear fuel purchases	(72,528)	(72,601)
Payments for Nuclear Fuel	(72,528)	(72,601)
Proceeds from sale of nuclear fuel	16,239	30,638
Change in money pool receivable - net	(4,191)	(51,697)
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	0	55,001
Proceeds from nuclear decommissioning trust fund sales	434,674	254,847
Investment in nuclear decommissioning trust funds	(436,658)	(266,397)
Changes in securitization account	0	4,036
Net cash flow used in investing activities	(546,953)	(634,739)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	708,126	1,058,977
Retirement of long-term debt	(717,214)	(298,071)
Change in money pool payable - net	0	(21,634)
Dividends paid:
Common stock	(25,000)	(25,000)
Other	33,173	2,900
Net cash flow provided by financing activities	(915)	717,172
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(94,791)	594,385
Cash and cash equivalents at beginning of period	192,128	3,519
Cash and cash equivalents at end of period	97,337	597,904
Cash paid / (received) during the period for:
Interest - net of amount capitalized	77,434	86,906
Entergy Louisiana [Member]
OPERATING ACTIVITIES
Consolidated net income	535,028	583,321
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	607,299	591,045
Deferred income taxes, investment tax credits, and non-current taxes accrued	159,723	56,767
Changes in working capital:
Receivables	(91,771)	(100,718)
Fuel inventory	5,763	(3,845)
Accounts payable	450,064	169,577
Taxes accrued	94,751	148,379
Interest accrued	4,464	(4,220)
Deferred fuel costs	(49,786)	(61,732)
Other working capital accounts	(41,769)	(33,691)
Changes in provisions for estimated losses	(764)	(42,624)
Changes in other regulatory assets	(938,646)	(129,843)
Increase (Decrease) in Regulatory Liabilities	92,138	(19,761)
Changes in pension and other postretirement liabilities	(68,132)	(49,168)
Other Noncash Income (Expense)	289,625	10,087
Net cash flow provided by operating activities	1,047,987	1,113,574
INVESTING ACTIVITIES
Construction/capital expenditures	(2,147,096)	(1,064,765)
Allowance for equity funds used during construction	20,183	27,197
Proceeds from Sale of Productive Assets	15,000	0
Payments to Acquire Buildings	0	(14,511)
Nuclear fuel purchases	(75,349)	(76,392)
Payments for Nuclear Fuel	(75,349)	(76,392)
Proceeds from sale of nuclear fuel	13,201	35,041
Change in money pool receivable - net	(6,635)	(21,649)
Payments to storm reserve escrow account	0	(1,467)
Receipts from storm reserve escrow account	0	40,601
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	8,690	5,090
Proceeds from nuclear decommissioning trust fund sales	505,840	281,131
Investment in nuclear decommissioning trust funds	(555,749)	(301,170)
Changes in securitization account	(2,815)	(5,925)
Net cash flow used in investing activities	(2,224,730)	(1,096,819)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	2,404,102	1,800,392
Retirement of long-term debt	(1,628,383)	(1,453,564)
Change in money pool payable - net	0	(82,826)
Dividends paid:
Common stock	(60,000)	(21,500)
Other	(303)	(9,100)
Net cash flow provided by financing activities	715,416	233,402
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(461,327)	250,157
Cash and cash equivalents at beginning of period	728,020	2,006
Cash and cash equivalents at end of period	266,693	252,163
Cash paid / (received) during the period for:
Interest - net of amount capitalized	247,878	246,456
Income taxes	0	(20,684)
Entergy Mississippi [Member]
OPERATING ACTIVITIES
Consolidated net income	139,983	120,008
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	168,324	155,937
Deferred income taxes, investment tax credits, and non-current taxes accrued	53,629	34,848
Changes in working capital:
Receivables	(36,754)	(21,376)
Fuel inventory	5,564	(359)
Accounts payable	48,413	5,863
Taxes accrued	(30,881)	(10,366)
Interest accrued	4,632	9,075
Deferred fuel costs	(95,310)	(45,998)
Other working capital accounts	(40,911)	(7,372)
Changes in provisions for estimated losses	(8,087)	(28)
Changes in other regulatory assets	(15,366)	(31,987)
Increase (Decrease) in Regulatory Liabilities	49,036	(10,592)
Changes in pension and other postretirement liabilities	(17,454)	(11,451)
Other Noncash Income (Expense)	24,950	14,071
Net cash flow provided by operating activities	249,768	200,273
INVESTING ACTIVITIES
Construction/capital expenditures	(473,956)	(393,887)
Allowance for equity funds used during construction	5,703	4,820
Payments to Acquire Buildings	0	(28,612)
Change in money pool receivable - net	0	40,972
Increase (decrease) in other investments	55	1,729
Net cash flow used in investing activities	(468,198)	(374,978)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	200,539	165,399
Change in money pool payable - net	18,087	0
Dividends paid:
Common stock	0	(7,500)
Other	(186)	8,243
Net cash flow provided by financing activities	218,440	166,142
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	10	(8,563)
Cash and cash equivalents at beginning of period	18	51,601
Cash and cash equivalents at end of period	28	43,038
Cash paid / (received) during the period for:
Interest - net of amount capitalized	49,080	40,551
Income taxes	(8,045)	0
Entergy New Orleans [Member]
OPERATING ACTIVITIES
Consolidated net income	22,397	35,565
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	54,758	46,835
Deferred income taxes, investment tax credits, and non-current taxes accrued	11,261	10,382
Changes in working capital:
Receivables	(24,959)	(10,892)
Fuel inventory	79	190
Accounts payable	22,863	1,841
Taxes accrued	(1,699)	(2,283)
Interest accrued	(2,796)	(335)
Deferred fuel costs	4,280	(5,629)
Other working capital accounts	(7,025)	(14,122)
Changes in provisions for estimated losses	(62,293)	1,356
Changes in other regulatory assets	18,412	2,196
Increase (Decrease) in Regulatory Liabilities	11,757	(13,389)
Changes in pension and other postretirement liabilities	(11,220)	(10,373)
Other Noncash Income (Expense)	41,635	4,755
Net cash flow provided by operating activities	77,450	46,097
INVESTING ACTIVITIES
Construction/capital expenditures	(139,153)	(174,011)
Allowance for equity funds used during construction	1,067	5,443
Payments to Acquire Buildings	0	(1,584)
Change in money pool receivable - net	(1,995)	5,191
Payments to storm reserve escrow account	(7)	(428)
Receipts from storm reserve escrow account	83,045	0
Changes in securitization account	(2,380)	(4,176)
Net cash flow used in investing activities	(59,423)	(169,565)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	0	138,930
Retirement of long-term debt		(25,616)
Changes in credit borrowings and commercial paper - net	19,251
Change in money pool payable - net	(10,190)	5,089
Dividends paid:
Other	(726)	(920)
Net cash flow provided by financing activities	8,335	117,483
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	26,362	(5,985)
Cash and cash equivalents at beginning of period	26	6,017
Cash and cash equivalents at end of period	26,388	32
Cash paid / (received) during the period for:
Interest - net of amount capitalized	23,015	21,203
Income taxes	324	3,332
Entergy Texas [Member]
OPERATING ACTIVITIES
Consolidated net income	189,689	171,739
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	159,234	131,596
Deferred income taxes, investment tax credits, and non-current taxes accrued	31,518	37,072
Changes in working capital:
Receivables	(50,538)	(55,059)
Fuel inventory	7,232	(1,726)
Accounts payable	20,506	15,542
Taxes accrued	6,003	(12,623)
Interest accrued	(12,808)	(7,855)
Deferred fuel costs	(103,013)	61,995
Other working capital accounts	(19,522)	(8,382)
Changes in provisions for estimated losses	67	(69)
Changes in other regulatory assets	72,760	42,904
Increase (Decrease) in Regulatory Liabilities	(21,469)	(39,791)
Changes in pension and other postretirement liabilities	(16,489)	(18,179)
Other Noncash Income (Expense)	(8,190)	(22,911)
Net cash flow provided by operating activities	254,980	294,253
INVESTING ACTIVITIES
Construction/capital expenditures	(541,161)	(703,650)
Allowance for equity funds used during construction	6,951	33,117
Proceeds from Sale of Productive Assets	67,920	0
Change in money pool receivable - net	4,601	11,181
Changes in securitization account	19,057	6,856
Net cash flow used in investing activities	(479,166)	(657,427)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	127,931	344,110
Retirement of long-term debt	(269,435)	(216,266)
Change in money pool payable - net	20,075	54,229
Dividends paid:
Other	13,455	(5,200)
Net cash flow provided by financing activities	(24,385)	350,279
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(248,571)	(12,895)
Cash and cash equivalents at beginning of period	248,596	12,929
Cash and cash equivalents at end of period	25	34
Cash paid / (received) during the period for:
Interest - net of amount capitalized	77,110	75,129
Income taxes	11,710	8,331
Proceeds from Contributions from Parent	85,000	175,000
Dividends Paid, Preferred Stock	(1,411)	(1,594)
Payments to Acquire Productive Assets	36,534	4,931
System Energy [Member]
OPERATING ACTIVITIES
Consolidated net income	81,693	88,568
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	151,345	137,201
Deferred income taxes, investment tax credits, and non-current taxes accrued	17,233	(272,383)
Changes in working capital:
Receivables	(5,216)	15,637
Accounts payable	(4,292)	(19,775)
Taxes accrued	(35,063)	431,677
Interest accrued	(1,557)	(188)
Other working capital accounts	5,133	(40,566)
Changes in other regulatory assets	71,486	(25,956)
Increase (Decrease) in Regulatory Liabilities	31,909	45,657
Changes in pension and other postretirement liabilities	(20,721)	(11,033)
Other Noncash Income (Expense)	(161,274)	(189,539)
Net cash flow provided by operating activities	130,676	159,300
INVESTING ACTIVITIES
Construction/capital expenditures	(64,196)	(169,475)
Allowance for equity funds used during construction	4,012	7,990
Nuclear fuel purchases	(27,958)	(85,483)
Payments for Nuclear Fuel	(27,958)	(85,483)
Proceeds from sale of nuclear fuel	21,657	19,444
Change in money pool receivable - net	(8,334)	58,277
Proceeds from nuclear decommissioning trust fund sales	769,979	322,982
Investment in nuclear decommissioning trust funds	(770,763)	(333,002)
Net cash flow used in investing activities	(75,603)	(179,267)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	565,610	859,727
Retirement of long-term debt	(626,010)	(815,710)
Dividends paid:
Common stock	(74,000)	(80,653)
Net cash flow provided by financing activities	(134,400)	(36,636)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(79,327)	(56,603)
Cash and cash equivalents at beginning of period	242,469	68,534
Cash and cash equivalents at end of period	163,142	11,931
Cash paid / (received) during the period for:
Interest - net of amount capitalized	30,335	17,178
Income taxes	$ 39,085	$ (4,000)

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2021	May 01, 2021	Dec. 31, 2020	Sep. 30, 2020	Dec. 31, 2019
Cash and cash equivalents:
Cash	$ 44,215		$ 128,851
Temporary cash investments	955,821		1,630,248
Total cash and cash equivalents	1,000,036		1,759,099	$ 1,239,664	$ 425,722
Securitization recovery trust account	28,000		42,000
Accounts receivable:
Customer	981,996		833,478
Allowance for doubtful accounts	(96,087)		(117,794)
Other	159,252		135,208
Accrued unbilled revenues	485,648		434,835
Total accounts receivable	1,530,809		1,285,727
Deferred Fuel Cost	209,853		4,380
Fuel inventory - at average cost	125,983		172,934
Public Utilities, Inventory	1,032,260		962,185
Deferred nuclear refueling outage costs	140,642		179,150
Prepaid Expense and Other Assets, Current	193,084		196,424
TOTAL	4,232,667		4,559,899
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	5,235,496		7,253,215
Non-utility property - at cost (less accumulated depreciation)	352,706		343,328
Other	123,720		214,222
TOTAL	5,711,922		7,810,765
PROPERTY, PLANT, AND EQUIPMENT
Electric	61,608,960		59,696,443
Natural gas	642,708		610,768
Construction work in progress	2,912,379		2,012,030
Nuclear fuel	534,169		601,281
TOTAL PROPERTY, PLANT, AND EQUIPMENT	65,698,216		62,920,522
Less - accumulated depreciation and amortization	24,509,241		24,067,745
PROPERTY, PLANT, AND EQUIPMENT - NET	41,188,975		38,852,777
Regulatory assets:
Other regulatory assets	6,707,721		6,076,549
Deferred Fuel Cost Non Current	240,820		240,422
Goodwill	377,172		377,172
Deferred Income Tax Assets, Net	58,069		76,289
Other	326,153		245,339
Deferred Costs and Other Assets	7,709,935		7,015,771
TOTAL ASSETS	58,843,499		58,239,212
CURRENT LIABILITIES
Currently maturing long-term debt	770,329		1,164,015
Short-term borrowings	1,006,321		1,627,489
Accounts payable	3,452,217		2,739,437
Taxes Payable, Current	460,622		441,011
Interest accrued	231,104		201,791
Deferred fuel costs	2,150		153,113
Pension and other postretirement liabilities	67,361		61,815
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	69,768		63,683
Other	194,605		206,640
TOTAL	6,644,900		7,060,506
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	4,555,119		4,361,772
Accumulated deferred investment tax credits	213,768		212,494
Regulatory liability for income taxes - net	1,396,385		1,521,757
Other regulatory liabilities	2,560,439		2,323,851
Decommissioning and asset retirement cost liabilities	4,696,558		6,469,452
Loss Contingency Accrual	170,258		242,835
Pension and other postretirement liabilities	2,425,439		2,853,013
Long-term debt	23,846,675		21,205,761
Deferred Credits and Other Liabilities	827,024		807,219
TOTAL	$ 40,691,665		$ 39,998,154
Common Stock, Shares, Issued	270,300,648		270,035,180
Subsidiaries' preferred stock without sinking fund	$ 219,410		$ 219,410
Preferred Stock, Shares Issued	0		0
Proceeds from Issuance of Preferred Stock and Preference Stock	$ 0		$ 0
Preferred Stock, Shares Authorized	1,000,000	1,000,000	0
Common Shareholders' Equity:
Common Stock, Value, Issued	$ 2,703		$ 2,700
Additional Paid in Capital, Common Stock	6,577,852		6,549,923
Accumulated other comprehensive loss	$ (472,039)		$ (449,207)	(390,420)	(446,920)
Treasury Stock, Shares	69,325,211		69,790,346
Less - treasury stock, at cost	$ 5,040,637		$ 5,074,456
TOTAL	11,252,524		10,926,142
Stockholders' Equity Attributable to Noncontrolling Interest	35,000		35,000
Retained Earnings (Accumulated Deficit)	10,184,645		9,897,182
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	11,287,524		10,961,142	10,806,839	10,258,675
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	58,843,499		58,239,212
Long-term Transition Bond, Noncurrent	$ 89,665		$ 174,635
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01	$ 0.01
Securitized Regulatory Transition Assets, Noncurrent	$ 63,783		$ 119,238
Contract with Customer, Liability, Current	$ 390,423		$ 401,512
Common Stock, Shares Authorized	499,000,000	499,000,000	500,000,000
Entergy Arkansas [Member]
Cash and cash equivalents:
Cash	$ 867		$ 24,108
Temporary cash investments	96,470		168,020
Total cash and cash equivalents	97,337		192,128	597,904	3,519
Accounts receivable:
Customer	235,409		183,719
Allowance for doubtful accounts	(18,997)		(18,334)
Associated companies	52,447		34,216
Other	55,837		35,845
Accrued unbilled revenues	131,016		109,000
Total accounts receivable	455,712		344,446
Deferred Fuel Cost	59,541		0
Fuel inventory - at average cost	17,290		43,811
Public Utilities, Inventory	246,719		237,640
Deferred nuclear refueling outage costs	45,525		32,692
Prepaid Expense and Other Assets, Current	15,434		13,296
TOTAL	937,558		864,013
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,376,256		1,273,921
Other	338		341
TOTAL	1,376,594		1,274,262
PROPERTY, PLANT, AND EQUIPMENT
Electric	13,135,507		12,905,322
Construction work in progress	401,058		234,213
Nuclear fuel	166,440		163,044
TOTAL PROPERTY, PLANT, AND EQUIPMENT	13,703,005		13,302,579
Less - accumulated depreciation and amortization	5,449,425		5,255,355
PROPERTY, PLANT, AND EQUIPMENT - NET	8,253,580		8,047,224
Regulatory assets:
Other regulatory assets	1,758,362		1,832,384
Deferred Fuel Cost Non Current	68,618		68,220
Other	17,513		14,028
Deferred Costs and Other Assets	1,844,493		1,914,632
TOTAL ASSETS	12,412,225		12,100,131
CURRENT LIABILITIES
Currently maturing long-term debt	0		485,000
Associated companies accounts payable	67,547		59,448
Accounts payable	209,269		208,591
Taxes Payable, Current	61,938		81,837
Interest accrued	48,361		22,745
Deferred fuel costs	0		53,065
Other	45,930		40,628
TOTAL	524,620		1,049,820
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	1,406,576		1,286,123
Accumulated deferred investment tax credits	29,599		30,500
Regulatory liability for income taxes - net	441,555		467,031
Other regulatory liabilities	666,287		686,872
Decommissioning and asset retirement cost liabilities	1,372,007		1,314,160
Loss Contingency Accrual	68,903		70,169
Pension and other postretirement liabilities	279,615		361,682
Long-term debt	3,959,194		3,482,507
Deferred Credits and Other Liabilities	108,179		75,098
TOTAL	8,331,915		7,774,142
Common Shareholders' Equity:
Members' Equity	3,555,690		3,276,169
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	3,555,690		3,276,169	3,341,545	3,125,937
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	12,412,225		12,100,131
Contract with Customer, Liability, Current	91,575		98,506
Entergy Louisiana [Member]
Cash and cash equivalents:
Cash	401		1,303
Temporary cash investments	266,292		726,717
Total cash and cash equivalents	266,693		728,020	252,163	2,006
Securitization recovery trust account	5,500		2,700
Accounts receivable:
Customer	380,218		317,905
Allowance for doubtful accounts	(38,103)		(45,693)
Associated companies	95,988		81,624
Other	42,341		41,760
Accrued unbilled revenues	192,398		178,840
Total accounts receivable	672,842		574,436
Deferred Fuel Cost	52,036		2,250
Fuel inventory - at average cost	44,917		50,680
Public Utilities, Inventory	463,854		437,933
Deferred nuclear refueling outage costs	50,004		48,407
Prepaid Expense and Other Assets, Current	51,239		36,813
TOTAL	1,601,585		1,878,539
Investments in and Advances to Affiliates, at Fair Value	1,390,587		1,390,587
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,987,336		1,794,042
Non-utility property - at cost (less accumulated depreciation)	332,838		323,110
Other	13,622		13,399
TOTAL	3,724,383		3,521,138
PROPERTY, PLANT, AND EQUIPMENT
Electric	26,433,677		25,619,789
Natural gas	277,164		262,744
Construction work in progress	1,908,777		667,281
Nuclear fuel	208,699		210,128
TOTAL PROPERTY, PLANT, AND EQUIPMENT	28,828,317		26,759,942
Less - accumulated depreciation and amortization	9,735,089		9,372,224
PROPERTY, PLANT, AND EQUIPMENT - NET	19,093,228		17,387,718
Regulatory assets:
Other regulatory assets	2,664,712		1,726,066
Deferred Fuel Cost Non Current	168,122		168,122
Other	39,938		23,924
Deferred Costs and Other Assets	2,872,772		1,918,112
TOTAL ASSETS	27,291,968		24,705,507
CURRENT LIABILITIES
Currently maturing long-term debt	0		240,000
Associated companies accounts payable	124,691		103,148
Accounts payable	2,411,444		1,450,008
Taxes Payable, Current	137,368		42,617
Interest accrued	96,713		92,249
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	33,400		31,138
Other	61,681		62,968
TOTAL	3,016,123		2,174,740
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	2,307,263		2,138,522
Accumulated deferred investment tax credits	103,770		107,317
Regulatory liability for income taxes - net	410,807		447,628
Other regulatory liabilities	1,044,990		918,293
Decommissioning and asset retirement cost liabilities	1,632,846		1,573,307
Loss Contingency Accrual	24,175		24,939
Pension and other postretirement liabilities	624,645		692,728
Long-term debt	9,813,493		8,787,451
Deferred Credits and Other Liabilities	381,129		382,894
TOTAL	16,343,118		15,073,079
Common Shareholders' Equity:
Accumulated other comprehensive loss	4,377		4,327
Members' Equity	7,928,350		7,453,361
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	7,932,727		7,457,688	6,966,630	6,397,118
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	27,291,968		24,705,507
Long-term Transition Bond, Noncurrent	0		10,278
Securitized Regulatory Transition Assets, Noncurrent	0		5,088
Contract with Customer, Liability, Current	150,826		152,612
Entergy Mississippi [Member]
Cash and cash equivalents:
Cash	26		11
Temporary cash investments	2		7
Total cash and cash equivalents	28		18	43,038	51,601
Accounts receivable:
Customer	115,831		105,732
Allowance for doubtful accounts	(11,350)		(19,527)
Associated companies	12,111		2,740
Other	13,689		11,821
Accrued unbilled revenues	66,753		59,514
Total accounts receivable	197,034		160,280
Deferred Fuel Cost	80,619		0
Fuel inventory - at average cost	11,553		17,117
Public Utilities, Inventory	72,082		59,542
Prepaid Expense and Other Assets, Current	28,940		4,876
TOTAL	390,256		241,833
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	4,531		4,543
Escrow accounts	48,884		64,635
TOTAL	53,415		69,178
PROPERTY, PLANT, AND EQUIPMENT
Electric	6,377,803		6,084,730
Construction work in progress	202,495		134,854
TOTAL PROPERTY, PLANT, AND EQUIPMENT	6,580,298		6,219,584
Less - accumulated depreciation and amortization	2,102,072		2,005,087
PROPERTY, PLANT, AND EQUIPMENT - NET	4,478,226		4,214,497
Regulatory assets:
Other regulatory assets	482,707		467,341
Other	17,927		14,413
Deferred Costs and Other Assets	500,634		481,754
TOTAL ASSETS	5,422,531		5,007,262
CURRENT LIABILITIES
Associated companies accounts payable	80,597		61,727
Accounts payable	148,077		117,629
Taxes Payable, Current	77,203		108,084
Interest accrued	25,521		20,889
Deferred fuel costs	0		14,691
Other	22,591		34,270
TOTAL	439,986		443,490
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	704,405		646,674
Accumulated deferred investment tax credits	10,969		9,062
Regulatory liability for income taxes - net	216,620		224,000
Other regulatory liabilities	72,244		15,828
Decommissioning and asset retirement cost liabilities	10,174		9,762
Loss Contingency Accrual	38,417		46,504
Pension and other postretirement liabilities	93,275		110,901
Long-term debt	1,981,945		1,780,577
Deferred Credits and Other Liabilities	41,779		47,730
TOTAL	3,169,828		2,891,038
Common Shareholders' Equity:
Members' Equity	1,812,717		1,672,734
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	1,812,717		1,672,734	1,654,659	1,542,151
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	5,422,531		5,007,262
Contract with Customer, Liability, Current	85,997		86,200
Entergy New Orleans [Member]
Cash and cash equivalents:
Cash	26		26
Temporary cash investments	26,362		0
Total cash and cash equivalents	26,388		26	32	6,017
Securitization recovery trust account	5,744		3,364
Accounts receivable:
Customer	96,185		70,694
Allowance for doubtful accounts	(18,625)		(17,430)
Associated companies	4,288		2,381
Other	10,457		4,248
Accrued unbilled revenues	25,611		31,069
Total accounts receivable	117,916		90,962
Deferred Fuel Cost	0		2,130
Fuel inventory - at average cost	1,899		1,978
Public Utilities, Inventory	16,392		16,550
Prepaid Expense and Other Assets, Current	11,438		3,715
TOTAL	179,777		118,725
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	1,016		1,016
Storm Reserve Escrow Account	0		83,038
TOTAL	1,016		84,054
PROPERTY, PLANT, AND EQUIPMENT
Electric	1,834,801		1,821,638
Natural gas	365,544		348,024
Construction work in progress	108,818		12,460
TOTAL PROPERTY, PLANT, AND EQUIPMENT	2,309,163		2,182,122
Less - accumulated depreciation and amortization	764,178		740,796
PROPERTY, PLANT, AND EQUIPMENT - NET	1,544,985		1,441,326
Regulatory assets:
Other regulatory assets	248,378		266,790
Deferred Fuel Cost Non Current	4,080		4,080
Other	37,254		23,931
Deferred Costs and Other Assets	289,712		294,801
TOTAL ASSETS	2,015,490		1,938,906
CURRENT LIABILITIES
Currently maturing long-term debt	70,000		0
Notes Payable, Related Parties, Current	1,618		1,618
Associated companies accounts payable	51,071		54,234
Accounts payable	137,011		60,766
Taxes Payable, Current	3,001		4,700
Interest accrued	5,299		8,095
Deferred fuel costs	2,150		0
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	3,177		3,296
Other	6,094		5,462
TOTAL	307,354		166,083
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	351,119		338,714
Accumulated deferred investment tax credits	16,053		16,095
Regulatory liability for income taxes - net	53,688		55,675
Decommissioning and asset retirement cost liabilities	3,964		3,768
Loss Contingency Accrual	27,605		89,898
Long-term debt	579,550		629,704
Notes Payable, Related Parties, Noncurrent	10,911		10,911
Deferred Credits and Other Liabilities	35,932		21,141
TOTAL	1,078,822		1,165,906
Common Shareholders' Equity:
Members' Equity	629,314		606,917
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	629,314		606,917	533,144	497,579
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	2,015,490		1,938,906
Long-term Transition Bond, Noncurrent	35,724		41,291
Securitized Regulatory Transition Assets, Noncurrent	27,995		35,559
Contract with Customer, Liability, Current	27,933		27,912
Entergy Texas [Member]
Cash and cash equivalents:
Cash	25		26
Temporary cash investments	0		248,570
Total cash and cash equivalents	25		248,596	34	12,929
Securitization recovery trust account	17,176		36,233
Accounts receivable:
Customer	115,016		103,221
Allowance for doubtful accounts	(9,013)		(16,810)
Associated companies	23,175		18,892
Other	20,383		11,780
Accrued unbilled revenues	69,870		56,411
Total accounts receivable	219,431		173,494
Deferred Fuel Cost	17,657		0
Fuel inventory - at average cost	46,299		53,531
Public Utilities, Inventory	75,584		56,227
Prepaid Expense and Other Assets, Current	23,736		20,165
TOTAL	399,908		588,246
OTHER PROPERTY AND INVESTMENTS
Investment in affiliates - at equity	312		349
Non-utility property - at cost (less accumulated depreciation)	376		376
Other	17,936		19,889
TOTAL	18,624		20,614
PROPERTY, PLANT, AND EQUIPMENT
Electric	7,044,218		6,007,687
Construction work in progress	158,458		879,908
TOTAL PROPERTY, PLANT, AND EQUIPMENT	7,202,676		6,887,595
Less - accumulated depreciation and amortization	2,017,029		1,864,494
PROPERTY, PLANT, AND EQUIPMENT - NET	5,185,647		5,023,101
Regulatory assets:
Other regulatory assets	451,953		524,713
Other	85,261		70,397
Deferred Costs and Other Assets	537,214		595,110
TOTAL ASSETS	6,141,393		6,227,071
CURRENT LIABILITIES
Currently maturing long-term debt	0		200,000
Associated companies accounts payable	70,050		55,944
Accounts payable	173,719		350,947
Taxes Payable, Current	58,441		52,438
Interest accrued	8,048		20,856
Deferred fuel costs	0		85,356
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	33,192		29,249
Other	18,201		12,370
TOTAL	395,743		843,442
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	676,521		639,422
Accumulated deferred investment tax credits	9,479		9,942
Regulatory liability for income taxes - net	142,539		175,594
Other regulatory liabilities	39,940		32,297
Decommissioning and asset retirement cost liabilities	8,403		8,063
Loss Contingency Accrual	8,449		8,382
Long-term debt	2,353,742		2,293,708
Deferred Credits and Other Liabilities	75,721		58,643
TOTAL	$ 3,314,794		$ 3,226,051
Common Stock, Shares, Outstanding	46,525,000		46,525,000
Common Stock, Shares, Issued	46,525,000		46,525,000
Common Shareholders' Equity:
Common Stock, Value, Issued	$ 49,452		$ 49,452
Additional Paid in Capital, Common Stock	1,040,162		955,162
TOTAL	2,395,856		2,122,578
Stockholders' Equity Attributable to Noncontrolling Interest	35,000		35,000
Retained Earnings (Accumulated Deficit)	1,306,242		1,117,964
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	2,430,856		2,157,578	2,144,715	1,799,407
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	6,141,393		6,227,071
Long-term Transition Bond, Noncurrent	53,941		123,066
Securitized Regulatory Transition Assets, Noncurrent	35,886		78,590
Contract with Customer, Liability, Current	$ 34,092		$ 36,282
Common Stock, Shares Authorized	200,000,000		200,000,000
System Energy [Member]
Cash and cash equivalents:
Cash	$ 106		$ 26,086
Temporary cash investments	163,036		216,383
Total cash and cash equivalents	163,142		242,469	11,931	68,534
Accounts receivable:
Associated companies	68,737		57,743
Other	5,106		2,550
Total accounts receivable	73,843		60,293
Public Utilities, Inventory	139,702		123,006
Deferred nuclear refueling outage costs	15,289		34,459
Prepaid Expense and Other Assets, Current	4,200		6,864
TOTAL	396,176		467,091
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,310,462		1,215,868
TOTAL	1,310,462		1,215,868
PROPERTY, PLANT, AND EQUIPMENT
Electric	5,324,544		5,309,458
Construction work in progress	97,655		59,831
Nuclear fuel	134,880		175,005
TOTAL PROPERTY, PLANT, AND EQUIPMENT	5,557,079		5,544,294
Less - accumulated depreciation and amortization	3,374,953		3,355,367
PROPERTY, PLANT, AND EQUIPMENT - NET	2,182,126		2,188,927
Regulatory assets:
Other regulatory assets	467,477		538,963
Other	2,183		3,119
Deferred Costs and Other Assets	469,660		542,082
TOTAL ASSETS	4,358,424		4,413,968
CURRENT LIABILITIES
Currently maturing long-term debt	50,329		100,015
Associated companies accounts payable	17,011		15,309
Accounts payable	40,780		41,313
Taxes Payable, Current	47,914		82,977
Interest accrued	11,165		12,722
Other	4,243		4,248
TOTAL	171,442		256,584
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	371,438		359,835
Accumulated deferred investment tax credits	43,323		38,902
Regulatory liability for income taxes - net	131,176		151,829
Other regulatory liabilities	717,958		665,396
Decommissioning and asset retirement cost liabilities	997,785		968,910
Pension and other postretirement liabilities	104,691		125,412
Long-term debt	695,443		705,259
Deferred Credits and Other Liabilities	36,929		61,295
TOTAL	$ 3,098,743		$ 3,076,838
Common Stock, Shares, Outstanding	789,350		789,350
Common Stock, Shares, Issued	789,350		789,350
Common Shareholders' Equity:
Common Stock, Value, Issued	$ 951,850		$ 951,850
Retained Earnings (Accumulated Deficit)	136,389		128,696
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	1,088,239		1,080,546	$ 719,983	$ 712,068
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 4,358,424		$ 4,413,968
Common Stock, Shares Authorized	1,000,000		1,000,000

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net income	$ 535,583	$ 525,699	$ 873,333	$ 1,014,105
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax	24	(16,558)	(29,778)	(63,674)
Other comprehensive income (loss)
Cash flow hedges net unrealized gain (loss)	0	4,408	7,935	16,945
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	8,838	17,437	53,903	88,560
Net unrealized investment gains	(2,162)	(2,695)	(46,957)	31,614
Other comprehensive income (loss)	6,700	(1,816)	(22,832)	56,500
Total comprehensive income	542,283	523,883	850,501	1,070,605
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,580	4,580	13,739	13,739
Comprehensive Income Attributable to Entergy Corporation	537,703	519,303	836,762	1,056,866
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	2,596	4,697	15,141	24,487
Other Comprehensive Income (Loss), Securities, Available-for-sale, Tax	(1,259)	(1,513)	(26,867)	18,042
Entergy Louisiana [Member]
Net income	224,475	223,466	535,028	583,321
Other comprehensive income (loss)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	(131)	(800)	50	7,722
Other comprehensive income (loss)	(131)	(800)	50	7,722
Total comprehensive income	224,344	222,666	535,078	591,043
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	(46)	(282)	18	2,724
Entergy Arkansas [Member]
Net income	154,891	135,843	304,521	240,608
System Energy [Member]
Net income	$ 27,499	$ 31,064	$ 81,693	$ 88,568

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 [Member]	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 Arkansas [Member]	Entergy Louisiana [Member]	Entergy Louisiana [Member]Member's Equity [Member]	Entergy Louisiana [Member]Accumulated Other Comprehensive Income [Member]	Entergy New Orleans [Member]	System Energy [Member]	System Energy [Member]Retained Earnings [Member]	System Energy [Member]Common Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 10,258,675	$ 35,000	$ 6,564,436	$ 9,257,609	$ (446,920)	$ 2,700	$ (5,154,150)	$ 1,799,407	$ 35,000	$ 780,182	$ 934,773	$ 49,452	$ 1,542,151	$ 3,125,937	$ 6,397,118	$ 6,392,556	$ 4,562	$ 497,579	$ 712,068	$ 110,218	$ 601,850
Consolidated net income	123,294	4,580	0	118,714	0	0	0	32,707	0	0	32,707	0	22,526	44,595	189,396	189,396	0	11,186	28,513	28,513	0
Proceeds from Contributions from Parent								175,000	0	175,000	0	0
Dividends, Common Stock, Cash	(185,763)	0	0	(185,763)	0	0	0						(2,500)		(11,500)	(11,500)	0		(13,653)	(13,653)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	47,933	0	0	0	47,933	0	0								9,467	0	9,467
Common stock issuances related to stock plans	(19,827)	0	53,753	0	0	0	(73,580)
Other															(10)	(10)	0
Dividends, Preferred Stock, Cash	4,100							470	0	0	470	0
Consolidated net income	1,014,105							171,739					120,008	240,608	583,321			35,565	88,568
Proceeds from Contributions from Parent								175,000
Other comprehensive income (loss)	56,500														7,722
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	$ 13,739							1,411
Stock Options Excluded From Diluted Common Shares Outstanding Calculation	500,000
Common stock dividend (in dollars per share)	$ 2.79
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 10,258,967	35,000	6,510,683	9,190,141	(398,987)	2,700	(5,080,570)	2,006,644	35,000	955,182	967,010	49,452	1,562,177	3,170,532	6,584,471	6,570,442	14,029	508,765	726,928	125,078	601,850
Consolidated net income	365,113	4,580	0	360,533	0	0	0	46,868	0	0	46,868	0	38,893	60,170	170,459	170,459	0	4,929	28,991	28,991	0
Dividends, Common Stock, Cash	(186,151)	0	0	(186,151)	0	0	0								(5,000)	(5,000)	0		(46,000)	(46,000)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	10,383	0	0	0	10,383	0	0								(945)	0	(945)
Common stock issuances related to stock plans	(17,256)	0	(13,647)	0	0	0	(3,609)
Other								(10)	0	(10)	0	0			(13)	(13)	0
Dividends, Preferred Stock, Cash	4,100							471	0	0	471	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	10,460,988	35,000	6,524,330	9,364,523	(388,604)	2,700	(5,076,961)	2,053,031	35,000	955,172	1,013,407	49,452	1,601,070	3,230,702	6,748,972	6,735,888	13,084	513,694	709,919	108,069	601,850
Consolidated net income	525,699	4,580	0	521,119	0	0	0	92,164	0	0	92,164	0	58,589	135,843	223,466	223,466	0	19,450	31,064	31,064	0
Dividends, Common Stock, Cash	(186,207)	0	0	(186,207)	0	0	0						(5,000)	(25,000)	(5,000)	(5,000)	0		(21,000)	(21,000)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	(1,816)	0	0	0	(1,816)	0	0								(800)	0	(800)
Common stock issuances related to stock plans	(12,755)	0	(11,211)	0	0	0	(1,544)
Other								(10)	0	(10)	0	0			(8)	(8)	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,580							470
Dividends, Preferred Stock, Cash	$ 4,100							470	0	0	470	0
Stock Options Excluded From Diluted Common Shares Outstanding Calculation	500,000
Common stock dividend (in dollars per share)	$ 0.93
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 10,806,839	35,000	6,535,541	9,699,435	(390,420)	2,700	(5,075,417)	2,144,715	35,000	955,162	1,105,101	49,452	1,654,659	3,341,545	6,966,630	6,954,346	12,284	533,144	719,983	118,133	601,850
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	10,961,142	35,000	6,549,923	9,897,182	(449,207)	2,700	(5,074,456)	2,157,578	35,000	955,162	1,117,964	49,452	1,672,734	3,276,169	7,457,688	7,453,361	4,327	606,917	1,080,546	128,696	951,850
Consolidated net income	339,145	4,580	0	334,565	0	0	0	50,058	0	0	50,058	0	25,972	93,037	166,626	166,626	0	1,771	23,864	23,864	0
Dividends, Common Stock, Cash	(190,595)	0	0	(190,595)	0	0	0												(21,000)	(21,000)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	(51,300)	0	0	0	(51,300)	0	0								(407)	0	(407)
Common stock issuances related to stock plans	1,636	0	29,871	0	0	0	(28,235)
Other															(16)	(16)	0
Dividends, Preferred Stock, Cash	4,100							470	0	0	470	0
Consolidated net income	873,333							189,689					139,983	304,521	535,028			22,397	81,693
Proceeds from Contributions from Parent								85,000
Other comprehensive income (loss)	(22,832)														50
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	$ 13,739							1,411
Stock Options Excluded From Diluted Common Shares Outstanding Calculation	1,000,000
Common stock dividend (in dollars per share)	$ 2.85
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 11,052,176	35,000	6,520,052	10,041,152	(500,507)	2,700	(5,046,221)	2,207,166	35,000	955,162	1,167,552	49,452	1,698,706	3,369,206	7,623,891	7,619,971	3,920	608,688	1,083,410	131,560	951,850
Consolidated net income	(1,394)	4,580	0	(5,974)	0	0	0	44,790	0	0	44,790	0	51,416	56,593	143,927	143,927	0	4,631	30,330	30,330	0
Proceeds from Contributions from Parent								85,000	0	85,000	0	0
Dividends, Common Stock, Cash	(190,629)	0	0	(190,629)	0	0	0												(5,000)	(5,000)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	21,768	0	0	0	21,768	0	0								588	0	588
Common stock issuances related to stock plans	(18,789)	0	(14,810)	0	0	0	(3,979)
Other															(12)	(12)	0
Dividends, Preferred Stock, Cash	4,100							471	0	0	471	0
Equity Distribution Sales Agreement, Aggregate Compensation to Sales Agents [Abstract]
Stock Issued During Period, Value, New Issues	28,216	0	28,213	0	0	3	0
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs	(1,399)	0	(1,399)	0	0	0	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	10,922,947	35,000	6,561,676	9,844,549	(478,739)	2,703	(5,042,242)	2,336,485	35,000	1,040,162	1,211,871	49,452	1,750,122	3,425,799	7,768,394	7,763,886	4,508	613,319	1,108,740	156,890	951,850
Consolidated net income	535,583	4,580	0	531,003	0	0	0	94,841	0	0	94,841	0	62,595	154,891	224,475	224,475	0	15,995	27,499	27,499	0
Dividends, Common Stock, Cash	(190,907)	0	0	(190,907)	0	0	0							(25,000)	(60,000)	(60,000)	0		(48,000)	(48,000)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	6,700	0	0	0	6,700	0	0								(131)	0	(131)
Common stock issuances related to stock plans	(17,781)	0	(16,176)	0	0	0	(1,605)
Other															(11)	(11)	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,580							470
Dividends, Preferred Stock, Cash	$ 4,100							470	0	0	470	0
Stock Options Excluded From Diluted Common Shares Outstanding Calculation	1,000,000
Common stock dividend (in dollars per share)	$ 0.95
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 11,287,524	$ 35,000	$ 6,577,852	$ 10,184,645	$ (472,039)	$ 2,703	$ (5,040,637)	$ 2,430,856	$ 35,000	$ 1,040,162	$ 1,306,242	$ 49,452	$ 1,812,717	$ 3,555,690	$ 7,932,727	$ 7,928,350	$ 4,377	$ 629,314	$ 1,088,239	$ 136,389	$ 951,850

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2021
Commitments And Contingencies	NOTE 1. 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 commissions, 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. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. 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 January 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $23.1 million in favor of Entergy Nuclear Palisades and against the DOE in the second round Palisades damages case. Entergy received payment from the U.S. Treasury in February 2021. The effects of recording the judgment were reductions to plant, other operation and maintenance expense, and taxes other than income taxes. The Palisades damages awarded included $15.7 million related to costs previously recorded as plant, $7.1 million related to costs previously recorded as other operation and maintenance expenses, and $0.3 million related to costs previously recorded as taxes other than income taxes. Of the $15.7 million previously recorded as plant, Entergy recorded $9.1 million as a reduction to previously-recorded depreciation expense. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $37.6 million in favor of Holtec Pilgrim, LLC against the DOE in the third round Pilgrim damages case. Holtec Pilgrim, LLC received the payment from the U.S. Treasury in September 2021. The judgment proceeds were subsequently transferred to Entergy pursuant to the terms of the Pilgrim sale. The receipt of the proceeds was recorded as a deferred credit because Entergy has an indemnity obligation to Holtec related to pre-sale DOE litigation involving Pilgrim that remains outstanding. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $21 million in favor of Entergy Louisiana against the DOE in the third round River Bend damages case. Entergy Louisiana received the payment from the U.S. Treasury in September 2021. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The River Bend damages awarded included $9 million in costs previously capitalized, $8 million related to costs previously recorded as nuclear fuel expense, and $4 million related to costs previously recorded as other operation and maintenance expense. In October 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $83 million in favor of Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC against the DOE in the Indian Point Unit 2 third round and Unit 3 second round combined damages case. The judgment has been submitted to the U.S. Treasury for payment. 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
Entergy Arkansas [Member]
Commitments And Contingencies	NOTE 1. 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 commissions, 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. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. 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 January 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $23.1 million in favor of Entergy Nuclear Palisades and against the DOE in the second round Palisades damages case. Entergy received payment from the U.S. Treasury in February 2021. The effects of recording the judgment were reductions to plant, other operation and maintenance expense, and taxes other than income taxes. The Palisades damages awarded included $15.7 million related to costs previously recorded as plant, $7.1 million related to costs previously recorded as other operation and maintenance expenses, and $0.3 million related to costs previously recorded as taxes other than income taxes. Of the $15.7 million previously recorded as plant, Entergy recorded $9.1 million as a reduction to previously-recorded depreciation expense. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $37.6 million in favor of Holtec Pilgrim, LLC against the DOE in the third round Pilgrim damages case. Holtec Pilgrim, LLC received the payment from the U.S. Treasury in September 2021. The judgment proceeds were subsequently transferred to Entergy pursuant to the terms of the Pilgrim sale. The receipt of the proceeds was recorded as a deferred credit because Entergy has an indemnity obligation to Holtec related to pre-sale DOE litigation involving Pilgrim that remains outstanding. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $21 million in favor of Entergy Louisiana against the DOE in the third round River Bend damages case. Entergy Louisiana received the payment from the U.S. Treasury in September 2021. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The River Bend damages awarded included $9 million in costs previously capitalized, $8 million related to costs previously recorded as nuclear fuel expense, and $4 million related to costs previously recorded as other operation and maintenance expense. In October 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $83 million in favor of Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC against the DOE in the Indian Point Unit 2 third round and Unit 3 second round combined damages case. The judgment has been submitted to the U.S. Treasury for payment. 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
Entergy Louisiana [Member]
Commitments And Contingencies	NOTE 1. 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 commissions, 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. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. 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 January 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $23.1 million in favor of Entergy Nuclear Palisades and against the DOE in the second round Palisades damages case. Entergy received payment from the U.S. Treasury in February 2021. The effects of recording the judgment were reductions to plant, other operation and maintenance expense, and taxes other than income taxes. The Palisades damages awarded included $15.7 million related to costs previously recorded as plant, $7.1 million related to costs previously recorded as other operation and maintenance expenses, and $0.3 million related to costs previously recorded as taxes other than income taxes. Of the $15.7 million previously recorded as plant, Entergy recorded $9.1 million as a reduction to previously-recorded depreciation expense. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $37.6 million in favor of Holtec Pilgrim, LLC against the DOE in the third round Pilgrim damages case. Holtec Pilgrim, LLC received the payment from the U.S. Treasury in September 2021. The judgment proceeds were subsequently transferred to Entergy pursuant to the terms of the Pilgrim sale. The receipt of the proceeds was recorded as a deferred credit because Entergy has an indemnity obligation to Holtec related to pre-sale DOE litigation involving Pilgrim that remains outstanding. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $21 million in favor of Entergy Louisiana against the DOE in the third round River Bend damages case. Entergy Louisiana received the payment from the U.S. Treasury in September 2021. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The River Bend damages awarded included $9 million in costs previously capitalized, $8 million related to costs previously recorded as nuclear fuel expense, and $4 million related to costs previously recorded as other operation and maintenance expense. In October 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $83 million in favor of Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC against the DOE in the Indian Point Unit 2 third round and Unit 3 second round combined damages case. The judgment has been submitted to the U.S. Treasury for payment. 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
Entergy Mississippi [Member]
Commitments And Contingencies	NOTE 1. 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 commissions, 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. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. 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 January 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $23.1 million in favor of Entergy Nuclear Palisades and against the DOE in the second round Palisades damages case. Entergy received payment from the U.S. Treasury in February 2021. The effects of recording the judgment were reductions to plant, other operation and maintenance expense, and taxes other than income taxes. The Palisades damages awarded included $15.7 million related to costs previously recorded as plant, $7.1 million related to costs previously recorded as other operation and maintenance expenses, and $0.3 million related to costs previously recorded as taxes other than income taxes. Of the $15.7 million previously recorded as plant, Entergy recorded $9.1 million as a reduction to previously-recorded depreciation expense. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $37.6 million in favor of Holtec Pilgrim, LLC against the DOE in the third round Pilgrim damages case. Holtec Pilgrim, LLC received the payment from the U.S. Treasury in September 2021. The judgment proceeds were subsequently transferred to Entergy pursuant to the terms of the Pilgrim sale. The receipt of the proceeds was recorded as a deferred credit because Entergy has an indemnity obligation to Holtec related to pre-sale DOE litigation involving Pilgrim that remains outstanding. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $21 million in favor of Entergy Louisiana against the DOE in the third round River Bend damages case. Entergy Louisiana received the payment from the U.S. Treasury in September 2021. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The River Bend damages awarded included $9 million in costs previously capitalized, $8 million related to costs previously recorded as nuclear fuel expense, and $4 million related to costs previously recorded as other operation and maintenance expense. In October 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $83 million in favor of Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC against the DOE in the Indian Point Unit 2 third round and Unit 3 second round combined damages case. The judgment has been submitted to the U.S. Treasury for payment. 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
Entergy New Orleans [Member]
Commitments And Contingencies	NOTE 1. 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 commissions, 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. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. 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 January 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $23.1 million in favor of Entergy Nuclear Palisades and against the DOE in the second round Palisades damages case. Entergy received payment from the U.S. Treasury in February 2021. The effects of recording the judgment were reductions to plant, other operation and maintenance expense, and taxes other than income taxes. The Palisades damages awarded included $15.7 million related to costs previously recorded as plant, $7.1 million related to costs previously recorded as other operation and maintenance expenses, and $0.3 million related to costs previously recorded as taxes other than income taxes. Of the $15.7 million previously recorded as plant, Entergy recorded $9.1 million as a reduction to previously-recorded depreciation expense. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $37.6 million in favor of Holtec Pilgrim, LLC against the DOE in the third round Pilgrim damages case. Holtec Pilgrim, LLC received the payment from the U.S. Treasury in September 2021. The judgment proceeds were subsequently transferred to Entergy pursuant to the terms of the Pilgrim sale. The receipt of the proceeds was recorded as a deferred credit because Entergy has an indemnity obligation to Holtec related to pre-sale DOE litigation involving Pilgrim that remains outstanding. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $21 million in favor of Entergy Louisiana against the DOE in the third round River Bend damages case. Entergy Louisiana received the payment from the U.S. Treasury in September 2021. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The River Bend damages awarded included $9 million in costs previously capitalized, $8 million related to costs previously recorded as nuclear fuel expense, and $4 million related to costs previously recorded as other operation and maintenance expense. In October 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $83 million in favor of Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC against the DOE in the Indian Point Unit 2 third round and Unit 3 second round combined damages case. The judgment has been submitted to the U.S. Treasury for payment. 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
Entergy Texas [Member]
Commitments And Contingencies	NOTE 1. 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 commissions, 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. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. 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 January 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $23.1 million in favor of Entergy Nuclear Palisades and against the DOE in the second round Palisades damages case. Entergy received payment from the U.S. Treasury in February 2021. The effects of recording the judgment were reductions to plant, other operation and maintenance expense, and taxes other than income taxes. The Palisades damages awarded included $15.7 million related to costs previously recorded as plant, $7.1 million related to costs previously recorded as other operation and maintenance expenses, and $0.3 million related to costs previously recorded as taxes other than income taxes. Of the $15.7 million previously recorded as plant, Entergy recorded $9.1 million as a reduction to previously-recorded depreciation expense. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $37.6 million in favor of Holtec Pilgrim, LLC against the DOE in the third round Pilgrim damages case. Holtec Pilgrim, LLC received the payment from the U.S. Treasury in September 2021. The judgment proceeds were subsequently transferred to Entergy pursuant to the terms of the Pilgrim sale. The receipt of the proceeds was recorded as a deferred credit because Entergy has an indemnity obligation to Holtec related to pre-sale DOE litigation involving Pilgrim that remains outstanding. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $21 million in favor of Entergy Louisiana against the DOE in the third round River Bend damages case. Entergy Louisiana received the payment from the U.S. Treasury in September 2021. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The River Bend damages awarded included $9 million in costs previously capitalized, $8 million related to costs previously recorded as nuclear fuel expense, and $4 million related to costs previously recorded as other operation and maintenance expense. In October 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $83 million in favor of Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC against the DOE in the Indian Point Unit 2 third round and Unit 3 second round combined damages case. The judgment has been submitted to the U.S. Treasury for payment. 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
System Energy [Member]
Commitments And Contingencies	NOTE 1. 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 commissions, 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. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. 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 January 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $23.1 million in favor of Entergy Nuclear Palisades and against the DOE in the second round Palisades damages case. Entergy received payment from the U.S. Treasury in February 2021. The effects of recording the judgment were reductions to plant, other operation and maintenance expense, and taxes other than income taxes. The Palisades damages awarded included $15.7 million related to costs previously recorded as plant, $7.1 million related to costs previously recorded as other operation and maintenance expenses, and $0.3 million related to costs previously recorded as taxes other than income taxes. Of the $15.7 million previously recorded as plant, Entergy recorded $9.1 million as a reduction to previously-recorded depreciation expense. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $37.6 million in favor of Holtec Pilgrim, LLC against the DOE in the third round Pilgrim damages case. Holtec Pilgrim, LLC received the payment from the U.S. Treasury in September 2021. The judgment proceeds were subsequently transferred to Entergy pursuant to the terms of the Pilgrim sale. The receipt of the proceeds was recorded as a deferred credit because Entergy has an indemnity obligation to Holtec related to pre-sale DOE litigation involving Pilgrim that remains outstanding. In August 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $21 million in favor of Entergy Louisiana against the DOE in the third round River Bend damages case. Entergy Louisiana received the payment from the U.S. Treasury in September 2021. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The River Bend damages awarded included $9 million in costs previously capitalized, $8 million related to costs previously recorded as nuclear fuel expense, and $4 million related to costs previously recorded as other operation and maintenance expense. In October 2021 the U.S. Court of Federal Claims issued a final judgment in the amount of $83 million in favor of Entergy Nuclear Indian Point 2, LLC and Entergy Nuclear Indian Point 3, LLC against the DOE in the Indian Point Unit 2 third round and Unit 3 second round combined damages case. The judgment has been submitted to the U.S. Treasury for payment. 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

Rate And Regulatory Matters

Rate And Regulatory Matters	9 Months Ended
	Sep. 30, 2021
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. Hurricane Ida In August 2021, Hurricane Ida caused extensive damage to the Entergy distribution and transmission systems across Louisiana resulting in widespread power outages. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Ida are currently estimated to be in the range of $2.1 billion to $2.5 billion. Most of the storm costs were incurred by Entergy Louisiana and Entergy New Orleans. Also, Utility revenues in 2021 were adversely affected by extended power outages resulting from the hurricane. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded corresponding regulatory assets of approximately $850 million, including $800 million at Entergy Louisiana and $45 million at Entergy New Orleans, and construction work in progress of approximately $1.3 billion, including $1.2 billion at Entergy Louisiana and $75 million at Entergy New Orleans. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment of such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well-established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Entergy is considering all available avenues to recover storm-related costs from Hurricane Ida, including federal government assistance and securitization financing. In September 2021, Entergy Louisiana filed an application at the LPSC seeking approval of certain ratemaking adjustments to facilitate issuance of approximately $1 billion of shorter-term bonds to provide interim financing for restoration costs associated with Hurricane Ida, which bonds were issued in October 2021. Also in September 2021, as discussed below in “ Storm Cost Filings with Retail Regulators - Entergy Louisiana - Hurricane Laura, Hurricane Delta, Hurricane Zeta, Winter Storm Uri, and Hurricane Ida ,” Entergy Louisiana sought approval for the creation and funding of a $1 billion restricted escrow account for Hurricane Ida restoration costs, subject to a subsequent prudence review. In September 2021, Entergy New Orleans withdrew $39 million from its funded storm reserves. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider As discussed in the Form 10-K, in January 2014, Entergy Arkansas filed a motion with the APSC relating to its energy cost rate redetermination filing that was made in March 2014. In that motion, Entergy Arkansas requested that the APSC authorize Entergy Arkansas to exclude from the redetermination of its 2014 energy cost rate $65.9 million of incremental fuel and replacement energy costs incurred in 2013 as a result of the ANO stator incident. Entergy Arkansas requested that the APSC authorize Entergy Arkansas to retain that amount in its deferred fuel balance, with recovery to be reviewed in a later period after more information was available regarding various claims associated with the ANO stator incident. In February 2014 the APSC approved Entergy Arkansas’s request to retain that amount in its deferred fuel balance. In July 2017, Entergy Arkansas filed for a change in rates pursuant to its formula rate plan rider. In that proceeding, the APSC approved a settlement agreement agreed upon by the parties, including a provision that requires Entergy Arkansas to initiate a regulatory proceeding for the purpose of recovering funds currently withheld from rates and related to the stator incident, including the $65.9 million of deferred fuel and purchased energy costs previously noted, subject to certain timelines and conditions set forth in the settlement agreement. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. See the “ ANO Damage, Outage, and NRC Reviews ” section in Note 8 to the financial statements in the Form 10-K for further discussion of the ANO stator incident. In March 2021, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01052 per kWh to $0.00959 per kWh. The redetermined rate calculation also included an adjustment to account for a portion of the increased fuel costs resulting from the February 2021 winter storms. The redetermined rate became effective with the first billing cycle in April 2021 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. In September 2021 the LPSC submitted its audit report and found that all costs recovered through the fuel adjustment clause were reasonable and eligible for recovery through the fuel adjustment clause. The report did contain prospective recommendations on internal informational reporting. In February 2021, Entergy Louisiana incurred extraordinary fuel costs associated with the February 2021 winter storms. To mitigate the effect of these costs on customer bills, in March 2021 Entergy Louisiana requested and the LPSC approved the deferral and recovery of $166 million in incremental fuel costs over five months beginning in April 2021. The incremental fuel costs remain subject to review for reasonableness and eligibility for recovery through the fuel adjustment clause mechanism. The final amount of incremental fuel costs is subject to change through the resettlement process. At its April 2021 meeting, the LPSC authorized its staff to review the prudence of the February 2021 fuel costs incurred by all LPSC-jurisdictional utilities. At its June 2021 meeting, the LPSC approved the hiring of consultants to assist its staff in this review. Discovery is ongoing. In March 2021 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings covering the period January 2018 through December 2020. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for that period. Discovery is ongoing, and no audit report has been filed. Entergy Texas In February 2021, Entergy Texas filed an application to implement a fuel refund for a cumulative over-recovery of approximately $75 million that is primarily attributable to settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas planned to issue the refund over the period of March through August 2021. On February 22, 2021, Entergy Texas filed a motion to abate its fuel refund proceeding to assess how the February 2021 winter storm impacted Entergy Texas’s fuel over-recovery position. In March 2021, Entergy Texas withdrew its application to implement the fuel refund. Entergy Texas is continuing to evaluate its fuel balance and will file a subsequent refund or surcharge application consistent with the requirements of the PUCT’s rules. 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 2020 Formula Rate Plan Filing As discussed in the Form 10-K, in December 2020, Entergy Arkansas filed a petition for rehearing of the APSC’s decision in the 2020 formula rate plan proceeding regarding the 2019 netting adjustment, and in January 2021 the APSC granted further consideration of Entergy Arkansas’s petition. Based on the progress of the proceeding to date, in December 2020, Entergy Arkansas recorded a regulatory liability of $43.5 million to reflect the netting adjustment for 2019, as included in the APSC’s December 2020 order, which would be returned to customers in 2021. Entergy Arkansas also requested an extension of the formula rate plan rider for a second five- year term. In March 2021 the Arkansas Governor signed HB1662 into law (Act 404). Act 404 clarified aspects of the original formula rate plan legislation enacted in 2015, including with respect to the extension of a formula rate plan, the methodology for the netting adjustment, and debt and equity levels; it also reaffirmed the customer protections of the original formula rate plan legislation, including the cap on annual formula rate plan rate changes. Pursuant to Act 404, Entergy Arkansas’s formula rate plan rider is extended for a second five-year term. Entergy Arkansas filed a compliance tariff in its formula rate plan docket in April 2021 to effectuate the netting provisions of Act 404, which reflected a net change in required formula rate plan rider revenue of $39.8 million, effective with the first billing cycle of May 2021. In April 2021 the APSC issued an order approving the compliance tariff and recognizing the formula rate plan extension. Also in April 2021, Entergy Arkansas filed for approval of modifications to the formula rate plan tariff incorporating the provisions in Act 404, and the APSC approved the tariff modifications in April 2021. Given the APSC general staff’s support for the expedited approval of these filings by the APSC, Entergy Arkansas supported an amendment to Act 404 to achieve a reduced return on equity from 9.75% to 9.65% to apply for years applicable to the extension term; that amendment was signed by the Arkansas Governor in April 2021 and is now Act 894. Based on the APSC’s order issued in April 2021, in the first quarter 2021, Entergy Arkansas reversed the remaining regulatory liability for the netting adjustment for 2019. In June 2021, Entergy Arkansas filed another compliance tariff in its formula rate plan proceeding to effectuate the additional provisions of Act 894, and the APSC approved the second compliance tariff filing in July 2021. 2021 Formula Rate Plan Filing In July 2021, Entergy Arkansas filed with the APSC its 2021 formula rate plan filing to set its formula rate for the 2022 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2022 and a netting adjustment for the historical year 2020. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2022 projected year is 7.65% resulting in a revenue deficiency of $89.2 million. The earned rate of return on common equity for the 2020 historical year was 7.92% resulting in a $19.4 million netting adjustment. The total proposed revenue change for the 2022 projected year and 2020 historical year netting adjustment is $108.7 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 $72.4 million. In October 2021, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $82.2 million, including a $62.8 million increase for the projected 2022 year and a $19.4 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $72.1 million. Also in October 2021 the APSC issued an order canceling the evidentiary hearing, accepting all filed testimony and exhibits into the record, and excusing all witnesses. The APSC will rule on the settlement agreement at a later date. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In March 2021 the APSC issued an order confirming the lifting of the moratorium on service disconnects effective in May 2021. In August 2021 the APSC general staff filed a report recommending that utilities with a formula rate plan discontinue capturing any additional direct costs and savings as a regulatory asset and seek cost recovery through the formula rate plan. The APSC general staff further recommended that uncollectible amounts should be determined as of the end of its write-off period, approximately December 2021, and recovered in the next formula rate plan filing over one year. In November 2021 the APSC found the APSC general staff’s recommendation to be premature and asked utilities to report on the continued need for a regulatory asset. As of September 30, 2021, Entergy Arkansas had a regulatory asset of $24.5 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in June 2018, Entergy Louisiana filed its formula rate plan evaluation report for its 2017 calendar year operations, and filed a supplemental formula rate plan evaluation report in August 2018. In accordance with the terms of the formula rate plan, in September 2018 the LPSC staff and intervenors submitted their responses to Entergy Louisiana’s original formula rate plan evaluation report and supplemental compliance updates. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2017 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objections/reservations pertaining to Entergy Louisiana’s proposed rate adjustments associated with the return of excess accumulated deferred income taxes pursuant to the Tax Cuts and Jobs Act and the treatment of accumulated deferred income taxes related to reductions of rate base, specifically how the accumulated deferred income taxes associated with uncertain tax positions have been accounted for, and test year expenses billed from Entergy Services to Entergy Louisiana. The LPSC staff further reserved its rights for future proceedings and to dispute future proposed adjustments to the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. As also discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). In February 2021 the LPSC staff filed testimony that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. The LPSC staff further recommended that the LPSC consider monitoring the remaining $3.1 million that was estimated to be incurred for completion of the project in the event the final costs exceed the estimated amounts. In July 2021 the LPSC approved a settlement between the LPSC staff and Entergy Louisiana finding that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. 2018 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed its formula rate plan evaluation report for its 2018 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2018 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objection/reservation pertaining to test year expenses billed from Entergy Services to Entergy Louisiana and outstanding issues from the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. 2019 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2019 test year formula rate plan filing. In its letter, the LPSC staff disputes Entergy Louisiana’s exclusion of approximately $251 thousand of interest income allocated from Entergy Operations and Entergy Services to Entergy Louisiana to the extent that there are other adjustments that would move Entergy Louisiana out of the formula rate plan deadband. The LPSC staff reserved the right to further contest the issue in future proceedings. The LPSC staff further reserved outstanding issues from the 2017 and 2018 formula rate plan evaluation reports and withdrew all other remaining objections/reservations. Request for Extension and Modification of Formula Rate Plan As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. The parties reached a settlement in April 2021 regarding Entergy Louisiana’s proposed FRP extension. In May 2021 the LPSC approved the uncontested settlement. Key terms of the settlement include: a three year term (test years 2020, 2021, and 2022) covering a rate-effective period of September 2021 through August 2024; a 9.50% return on equity, with a smaller, 50 basis point deadband above and below (9.0%-10.0%); elimination of sharing if earnings are outside the deadband; a $63 million rate increase for test year 2020 (exclusive of riders); continuation of existing riders (transmission, additional capacity, etc.); addition of a distribution recovery mechanism permitting $225 million per year of distribution investment above a baseline level to be recovered dollar for dollar; modification of the tax mechanism to allow timely rate changes in the event the federal corporate income tax rate is changed from 21%; a cumulative rate increase limit of $70 million (exclusive of riders) for test years 2021 and 2022; and deferral of up to $7 million per year in 2021 and 2022 of expenditures on vegetation management for outside of right of way hazard trees. 2020 Formula Rate Plan Filing In June 2021, Entergy Louisiana filed its formula rate plan evaluation report for its 2020 calendar year operations. The 2020 test year evaluation report produced an earned return on common equity of 8.45%, with a base formula rate plan revenue increase of $63 million. Certain reductions in formula rate plan revenue driven by lower sales volumes, reductions in capacity cost and net MISO cost, and higher credits resulting from the Tax Cuts and Jobs Act offset the base formula rate plan revenue increase, leading to a net increase in formula rate plan revenue of $50.7 million. The report also included multiple new adjustments to account for, among other things, the calculation of distribution recovery mechanism revenues. The effects of the changes to total formula rate plan revenue are different for each legacy company, primarily due to differences in the legacy companies’ capacity cost changes, including the effect of true-ups. Legacy Entergy Louisiana formula rate plan revenues will increase by $27 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $23.7 million. Subject to refund and LPSC review, the resulting changes became effective for bills rendered during the first billing cycle of September 2021. Discovery commenced in the proceeding. In August 2021, Entergy Louisiana submitted an update to its evaluation report to account for various changes. Relative to the June 2021 filing, the total formula rate plan revenue increased by $14.2 million to an updated total of $64.9 million. Legacy Entergy Louisiana formula rate plan revenues will increase by $32.8 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $32.1 million. The results of the 2020 test year evaluation report bandwidth calculation were unchanged as there was no change in the earned return on common equity of 8.45%. In September 2021 the LPSC staff filed a letter with a general statement of objections/reservations because it had not completed its review, and indicated it would update the letter once its review was complete. Should the parties be unable to resolve any objections, those issues will be set for hearing, with recovery of the associated costs subject to refund. 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 addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was approved through the first billing cycle after July 16, 2020. In January 2021, Entergy Louisiana resumed disconnections for customers in all customer classes with past-due balances that have not made payment arrangements. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of September 30, 2021, Entergy Louisiana had a regulatory asset of $59.2 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) 2021 Formula Rate Plan Filing In March 2021, Entergy Mississippi submitted its formula rate plan 2021 test year filing and 2020 look-back filing showing Entergy Mississippi’s earned return for the historical 2020 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2021 calendar year to be below the formula rate plan bandwidth. The 2021 test year filing shows a $95.4 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.69% return on rate base, within the formula rate plan bandwidth. The change in formula rate plan revenues, however, is capped at 4% of retail revenues, which equates to a revenue change of $44.3 million. The 2021 evaluation report also includes $3.9 million in demand side management costs for which the MPSC approved realignment of recovery from the energy efficiency rider to the formula rate plan. These costs are not subject to the 4% cap and result in a total change in formula rate plan revenues of $48.2 million. The 2020 look-back filing compares actual 2020 results to the approved benchmark return on rate base and reflects the need for a $16.8 million interim increase in formula rate plan revenues. In addition, the 2020 look-back filing includes an interim capacity adjustment true-up for the Choctaw Generating Station, which increases the look-back interim rate adjustment by $1.7 million. T hese interim rate adjustments total $18.5 million. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $22.1 million interim rate increase, reflecting a cap equal to 2% of 2020 retail revenues, effective with the April 2021 billing cycle, subject to refund, pending a final MPSC order. The $3.9 million of demand side management costs and the Choctaw Generating Station true-up of $1.7 million, which are not subject to the 2% cap of 2020 retail revenues, were included in the April 2021 rate adjustments. In June 2021, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2021 test year filing that resulted in a total rate increase of $48.2 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2020 look-back filing reflected an earned return on rate base of 6.12% in calendar year 2020, which is below the look-back bandwidth, resulting in a $17.5 million increase in formula rate plan revenues on an interim basis through May 2021. This includes $1.7 million related to the Choctaw Generating Station and $3.7 million of COVID-19 non-bad debt expenses. See “ COVID-19 Orders ” below for additional discussion of provisions of the joint stipulation related to COVID-19 expenses. In June 2021 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2021. In June 2021, Entergy Mississippi recorded regulatory credits of $19.9 million to reflect the effects of the joint stipulation. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 pandemic compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. In December 2020, Entergy Mississippi resumed disconnections for commercial, industrial, and governmental customers with past-due balances that have not made payment arrangements. In January 2021, Entergy Mississippi resumed disconnecting service for residential customers with past-due balances that have not made payment arrangements. Pursuant to the June 2021 MPSC order approving Entergy Mississippi’s 2021 formula rate plan filing, Entergy Mississippi stopped deferring COVID-19 non-bad debt expenses effective December 31, 2020 and will include those expenses in the look-back filing for the 2021 formula rate plan test year. In the order, the MPSC also adopted Entergy Mississippi’s quantification and methodology for calculating COVID-19 incremental bad debt expenses and authorized Entergy Mississippi to continue deferring these bad debt expenses through December 2021. As of September 30, 2021, Entergy Mississippi had a regulatory asset of $18.2 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) 2021 Formula Rate Plan Filing In July 2021, Entergy New Orleans submitted to the City Council its formula rate plan 2020 test year filing. The 2020 test year evaluation report produced an earned return on equity of 6.26% compared to the authorized return on equity of 9.35%. Entergy New Orleans sought approval of a $64 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula resulted in an increase in authorized electric revenues of $40 million and an increase in authorized gas revenues of $18.8 million. Entergy New Orleans also sought to commence collecting $5.2 million in electric revenues and $0.3 million in gas 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, followed by a 25-day period to resolve any disputes among the parties. Resulting rates will be effective with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. In October 2021 the City Council’s advisors filed a 75-day report recommending a reduction of $10 million for electric revenues and a reduction of $4.5 million for gas revenues, along with one-time credits funded by certain electric regulatory liabilities currently held by Entergy New Orleans for customers. Other parties filed reports arguing that no rate should be implemented until the completion of a management audit of Entergy New Orleans. On October 26, 2021, Entergy New Orleans provided notice to the City Council that it intends to implement rates effective with the first billing cycle of November 2021, with such rates reflecting an amount agreed-upon by Entergy New Orleans including adjustments filed in the City Council’s 75-day report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented will be $49.5 million, with an increase of $34.9 million in electric revenues and $14.6 million in gas revenues. Also, credits of $17.4 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over a five-month period from November 2021 through March 2022. Resulting rates went into effect with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. COVID-19 Orders As discussed in the Form 10-K, in June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding and approximately $15 million of non-securitized storm reserves to fund this program, which was intended to provide temporary bill relief to customers who became unemployed during the COVID-19 pandemic. The program was effective from July 1, 2020 through December 31, 2020 and offered qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. Credits of $4.3 million were applied to customer bills under the City Council Cares Program. Additionally, as discussed in the Form 10-K, in February 2021 the City Council adopted a resolution suspending residential customer disconnections for non-payment of utility bills and suspending the assessment and accumulation of late fees on residential customers with past-due balances through May 15, 2021, which was not extended by the City Council. As of September 30, 2021, Entergy New Orleans had a regulatory asset of $12.7 million for costs associated with the COVID-19 pandemic. Filings with the PUCT and Texas Cities (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s then-effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. In February 2021 the ALJ with the State Office of Administrative Hearings approved Entergy Texas’s agreed motion for interim rates, which went into effect in March 2021. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested DCRF revenue requirement and resolving all issues in the proceeding. In May 2021 the PUCT issued an order approving the settlement. In August 2021, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $40.2 million annually, or $13.9 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between September 1, 2020 and June 30, 2021. A procedural schedule was established with a hearing scheduled in December 2021. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s then-effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested TCRF revenue requirement with interim rates effective March 2021 and resolving all issues in the proceeding. In M
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. Hurricane Ida In August 2021, Hurricane Ida caused extensive damage to the Entergy distribution and transmission systems across Louisiana resulting in widespread power outages. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Ida are currently estimated to be in the range of $2.1 billion to $2.5 billion. Most of the storm costs were incurred by Entergy Louisiana and Entergy New Orleans. Also, Utility revenues in 2021 were adversely affected by extended power outages resulting from the hurricane. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded corresponding regulatory assets of approximately $850 million, including $800 million at Entergy Louisiana and $45 million at Entergy New Orleans, and construction work in progress of approximately $1.3 billion, including $1.2 billion at Entergy Louisiana and $75 million at Entergy New Orleans. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment of such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well-established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Entergy is considering all available avenues to recover storm-related costs from Hurricane Ida, including federal government assistance and securitization financing. In September 2021, Entergy Louisiana filed an application at the LPSC seeking approval of certain ratemaking adjustments to facilitate issuance of approximately $1 billion of shorter-term bonds to provide interim financing for restoration costs associated with Hurricane Ida, which bonds were issued in October 2021. Also in September 2021, as discussed below in “ Storm Cost Filings with Retail Regulators - Entergy Louisiana - Hurricane Laura, Hurricane Delta, Hurricane Zeta, Winter Storm Uri, and Hurricane Ida ,” Entergy Louisiana sought approval for the creation and funding of a $1 billion restricted escrow account for Hurricane Ida restoration costs, subject to a subsequent prudence review. In September 2021, Entergy New Orleans withdrew $39 million from its funded storm reserves. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider As discussed in the Form 10-K, in January 2014, Entergy Arkansas filed a motion with the APSC relating to its energy cost rate redetermination filing that was made in March 2014. In that motion, Entergy Arkansas requested that the APSC authorize Entergy Arkansas to exclude from the redetermination of its 2014 energy cost rate $65.9 million of incremental fuel and replacement energy costs incurred in 2013 as a result of the ANO stator incident. Entergy Arkansas requested that the APSC authorize Entergy Arkansas to retain that amount in its deferred fuel balance, with recovery to be reviewed in a later period after more information was available regarding various claims associated with the ANO stator incident. In February 2014 the APSC approved Entergy Arkansas’s request to retain that amount in its deferred fuel balance. In July 2017, Entergy Arkansas filed for a change in rates pursuant to its formula rate plan rider. In that proceeding, the APSC approved a settlement agreement agreed upon by the parties, including a provision that requires Entergy Arkansas to initiate a regulatory proceeding for the purpose of recovering funds currently withheld from rates and related to the stator incident, including the $65.9 million of deferred fuel and purchased energy costs previously noted, subject to certain timelines and conditions set forth in the settlement agreement. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. See the “ ANO Damage, Outage, and NRC Reviews ” section in Note 8 to the financial statements in the Form 10-K for further discussion of the ANO stator incident. In March 2021, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01052 per kWh to $0.00959 per kWh. The redetermined rate calculation also included an adjustment to account for a portion of the increased fuel costs resulting from the February 2021 winter storms. The redetermined rate became effective with the first billing cycle in April 2021 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. In September 2021 the LPSC submitted its audit report and found that all costs recovered through the fuel adjustment clause were reasonable and eligible for recovery through the fuel adjustment clause. The report did contain prospective recommendations on internal informational reporting. In February 2021, Entergy Louisiana incurred extraordinary fuel costs associated with the February 2021 winter storms. To mitigate the effect of these costs on customer bills, in March 2021 Entergy Louisiana requested and the LPSC approved the deferral and recovery of $166 million in incremental fuel costs over five months beginning in April 2021. The incremental fuel costs remain subject to review for reasonableness and eligibility for recovery through the fuel adjustment clause mechanism. The final amount of incremental fuel costs is subject to change through the resettlement process. At its April 2021 meeting, the LPSC authorized its staff to review the prudence of the February 2021 fuel costs incurred by all LPSC-jurisdictional utilities. At its June 2021 meeting, the LPSC approved the hiring of consultants to assist its staff in this review. Discovery is ongoing. In March 2021 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings covering the period January 2018 through December 2020. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for that period. Discovery is ongoing, and no audit report has been filed. Entergy Texas In February 2021, Entergy Texas filed an application to implement a fuel refund for a cumulative over-recovery of approximately $75 million that is primarily attributable to settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas planned to issue the refund over the period of March through August 2021. On February 22, 2021, Entergy Texas filed a motion to abate its fuel refund proceeding to assess how the February 2021 winter storm impacted Entergy Texas’s fuel over-recovery position. In March 2021, Entergy Texas withdrew its application to implement the fuel refund. Entergy Texas is continuing to evaluate its fuel balance and will file a subsequent refund or surcharge application consistent with the requirements of the PUCT’s rules. 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 2020 Formula Rate Plan Filing As discussed in the Form 10-K, in December 2020, Entergy Arkansas filed a petition for rehearing of the APSC’s decision in the 2020 formula rate plan proceeding regarding the 2019 netting adjustment, and in January 2021 the APSC granted further consideration of Entergy Arkansas’s petition. Based on the progress of the proceeding to date, in December 2020, Entergy Arkansas recorded a regulatory liability of $43.5 million to reflect the netting adjustment for 2019, as included in the APSC’s December 2020 order, which would be returned to customers in 2021. Entergy Arkansas also requested an extension of the formula rate plan rider for a second five- year term. In March 2021 the Arkansas Governor signed HB1662 into law (Act 404). Act 404 clarified aspects of the original formula rate plan legislation enacted in 2015, including with respect to the extension of a formula rate plan, the methodology for the netting adjustment, and debt and equity levels; it also reaffirmed the customer protections of the original formula rate plan legislation, including the cap on annual formula rate plan rate changes. Pursuant to Act 404, Entergy Arkansas’s formula rate plan rider is extended for a second five-year term. Entergy Arkansas filed a compliance tariff in its formula rate plan docket in April 2021 to effectuate the netting provisions of Act 404, which reflected a net change in required formula rate plan rider revenue of $39.8 million, effective with the first billing cycle of May 2021. In April 2021 the APSC issued an order approving the compliance tariff and recognizing the formula rate plan extension. Also in April 2021, Entergy Arkansas filed for approval of modifications to the formula rate plan tariff incorporating the provisions in Act 404, and the APSC approved the tariff modifications in April 2021. Given the APSC general staff’s support for the expedited approval of these filings by the APSC, Entergy Arkansas supported an amendment to Act 404 to achieve a reduced return on equity from 9.75% to 9.65% to apply for years applicable to the extension term; that amendment was signed by the Arkansas Governor in April 2021 and is now Act 894. Based on the APSC’s order issued in April 2021, in the first quarter 2021, Entergy Arkansas reversed the remaining regulatory liability for the netting adjustment for 2019. In June 2021, Entergy Arkansas filed another compliance tariff in its formula rate plan proceeding to effectuate the additional provisions of Act 894, and the APSC approved the second compliance tariff filing in July 2021. 2021 Formula Rate Plan Filing In July 2021, Entergy Arkansas filed with the APSC its 2021 formula rate plan filing to set its formula rate for the 2022 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2022 and a netting adjustment for the historical year 2020. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2022 projected year is 7.65% resulting in a revenue deficiency of $89.2 million. The earned rate of return on common equity for the 2020 historical year was 7.92% resulting in a $19.4 million netting adjustment. The total proposed revenue change for the 2022 projected year and 2020 historical year netting adjustment is $108.7 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 $72.4 million. In October 2021, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $82.2 million, including a $62.8 million increase for the projected 2022 year and a $19.4 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $72.1 million. Also in October 2021 the APSC issued an order canceling the evidentiary hearing, accepting all filed testimony and exhibits into the record, and excusing all witnesses. The APSC will rule on the settlement agreement at a later date. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In March 2021 the APSC issued an order confirming the lifting of the moratorium on service disconnects effective in May 2021. In August 2021 the APSC general staff filed a report recommending that utilities with a formula rate plan discontinue capturing any additional direct costs and savings as a regulatory asset and seek cost recovery through the formula rate plan. The APSC general staff further recommended that uncollectible amounts should be determined as of the end of its write-off period, approximately December 2021, and recovered in the next formula rate plan filing over one year. In November 2021 the APSC found the APSC general staff’s recommendation to be premature and asked utilities to report on the continued need for a regulatory asset. As of September 30, 2021, Entergy Arkansas had a regulatory asset of $24.5 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in June 2018, Entergy Louisiana filed its formula rate plan evaluation report for its 2017 calendar year operations, and filed a supplemental formula rate plan evaluation report in August 2018. In accordance with the terms of the formula rate plan, in September 2018 the LPSC staff and intervenors submitted their responses to Entergy Louisiana’s original formula rate plan evaluation report and supplemental compliance updates. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2017 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objections/reservations pertaining to Entergy Louisiana’s proposed rate adjustments associated with the return of excess accumulated deferred income taxes pursuant to the Tax Cuts and Jobs Act and the treatment of accumulated deferred income taxes related to reductions of rate base, specifically how the accumulated deferred income taxes associated with uncertain tax positions have been accounted for, and test year expenses billed from Entergy Services to Entergy Louisiana. The LPSC staff further reserved its rights for future proceedings and to dispute future proposed adjustments to the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. As also discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). In February 2021 the LPSC staff filed testimony that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. The LPSC staff further recommended that the LPSC consider monitoring the remaining $3.1 million that was estimated to be incurred for completion of the project in the event the final costs exceed the estimated amounts. In July 2021 the LPSC approved a settlement between the LPSC staff and Entergy Louisiana finding that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. 2018 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed its formula rate plan evaluation report for its 2018 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2018 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objection/reservation pertaining to test year expenses billed from Entergy Services to Entergy Louisiana and outstanding issues from the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. 2019 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2019 test year formula rate plan filing. In its letter, the LPSC staff disputes Entergy Louisiana’s exclusion of approximately $251 thousand of interest income allocated from Entergy Operations and Entergy Services to Entergy Louisiana to the extent that there are other adjustments that would move Entergy Louisiana out of the formula rate plan deadband. The LPSC staff reserved the right to further contest the issue in future proceedings. The LPSC staff further reserved outstanding issues from the 2017 and 2018 formula rate plan evaluation reports and withdrew all other remaining objections/reservations. Request for Extension and Modification of Formula Rate Plan As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. The parties reached a settlement in April 2021 regarding Entergy Louisiana’s proposed FRP extension. In May 2021 the LPSC approved the uncontested settlement. Key terms of the settlement include: a three year term (test years 2020, 2021, and 2022) covering a rate-effective period of September 2021 through August 2024; a 9.50% return on equity, with a smaller, 50 basis point deadband above and below (9.0%-10.0%); elimination of sharing if earnings are outside the deadband; a $63 million rate increase for test year 2020 (exclusive of riders); continuation of existing riders (transmission, additional capacity, etc.); addition of a distribution recovery mechanism permitting $225 million per year of distribution investment above a baseline level to be recovered dollar for dollar; modification of the tax mechanism to allow timely rate changes in the event the federal corporate income tax rate is changed from 21%; a cumulative rate increase limit of $70 million (exclusive of riders) for test years 2021 and 2022; and deferral of up to $7 million per year in 2021 and 2022 of expenditures on vegetation management for outside of right of way hazard trees. 2020 Formula Rate Plan Filing In June 2021, Entergy Louisiana filed its formula rate plan evaluation report for its 2020 calendar year operations. The 2020 test year evaluation report produced an earned return on common equity of 8.45%, with a base formula rate plan revenue increase of $63 million. Certain reductions in formula rate plan revenue driven by lower sales volumes, reductions in capacity cost and net MISO cost, and higher credits resulting from the Tax Cuts and Jobs Act offset the base formula rate plan revenue increase, leading to a net increase in formula rate plan revenue of $50.7 million. The report also included multiple new adjustments to account for, among other things, the calculation of distribution recovery mechanism revenues. The effects of the changes to total formula rate plan revenue are different for each legacy company, primarily due to differences in the legacy companies’ capacity cost changes, including the effect of true-ups. Legacy Entergy Louisiana formula rate plan revenues will increase by $27 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $23.7 million. Subject to refund and LPSC review, the resulting changes became effective for bills rendered during the first billing cycle of September 2021. Discovery commenced in the proceeding. In August 2021, Entergy Louisiana submitted an update to its evaluation report to account for various changes. Relative to the June 2021 filing, the total formula rate plan revenue increased by $14.2 million to an updated total of $64.9 million. Legacy Entergy Louisiana formula rate plan revenues will increase by $32.8 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $32.1 million. The results of the 2020 test year evaluation report bandwidth calculation were unchanged as there was no change in the earned return on common equity of 8.45%. In September 2021 the LPSC staff filed a letter with a general statement of objections/reservations because it had not completed its review, and indicated it would update the letter once its review was complete. Should the parties be unable to resolve any objections, those issues will be set for hearing, with recovery of the associated costs subject to refund. 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 addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was approved through the first billing cycle after July 16, 2020. In January 2021, Entergy Louisiana resumed disconnections for customers in all customer classes with past-due balances that have not made payment arrangements. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of September 30, 2021, Entergy Louisiana had a regulatory asset of $59.2 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) 2021 Formula Rate Plan Filing In March 2021, Entergy Mississippi submitted its formula rate plan 2021 test year filing and 2020 look-back filing showing Entergy Mississippi’s earned return for the historical 2020 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2021 calendar year to be below the formula rate plan bandwidth. The 2021 test year filing shows a $95.4 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.69% return on rate base, within the formula rate plan bandwidth. The change in formula rate plan revenues, however, is capped at 4% of retail revenues, which equates to a revenue change of $44.3 million. The 2021 evaluation report also includes $3.9 million in demand side management costs for which the MPSC approved realignment of recovery from the energy efficiency rider to the formula rate plan. These costs are not subject to the 4% cap and result in a total change in formula rate plan revenues of $48.2 million. The 2020 look-back filing compares actual 2020 results to the approved benchmark return on rate base and reflects the need for a $16.8 million interim increase in formula rate plan revenues. In addition, the 2020 look-back filing includes an interim capacity adjustment true-up for the Choctaw Generating Station, which increases the look-back interim rate adjustment by $1.7 million. T hese interim rate adjustments total $18.5 million. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $22.1 million interim rate increase, reflecting a cap equal to 2% of 2020 retail revenues, effective with the April 2021 billing cycle, subject to refund, pending a final MPSC order. The $3.9 million of demand side management costs and the Choctaw Generating Station true-up of $1.7 million, which are not subject to the 2% cap of 2020 retail revenues, were included in the April 2021 rate adjustments. In June 2021, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2021 test year filing that resulted in a total rate increase of $48.2 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2020 look-back filing reflected an earned return on rate base of 6.12% in calendar year 2020, which is below the look-back bandwidth, resulting in a $17.5 million increase in formula rate plan revenues on an interim basis through May 2021. This includes $1.7 million related to the Choctaw Generating Station and $3.7 million of COVID-19 non-bad debt expenses. See “ COVID-19 Orders ” below for additional discussion of provisions of the joint stipulation related to COVID-19 expenses. In June 2021 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2021. In June 2021, Entergy Mississippi recorded regulatory credits of $19.9 million to reflect the effects of the joint stipulation. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 pandemic compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. In December 2020, Entergy Mississippi resumed disconnections for commercial, industrial, and governmental customers with past-due balances that have not made payment arrangements. In January 2021, Entergy Mississippi resumed disconnecting service for residential customers with past-due balances that have not made payment arrangements. Pursuant to the June 2021 MPSC order approving Entergy Mississippi’s 2021 formula rate plan filing, Entergy Mississippi stopped deferring COVID-19 non-bad debt expenses effective December 31, 2020 and will include those expenses in the look-back filing for the 2021 formula rate plan test year. In the order, the MPSC also adopted Entergy Mississippi’s quantification and methodology for calculating COVID-19 incremental bad debt expenses and authorized Entergy Mississippi to continue deferring these bad debt expenses through December 2021. As of September 30, 2021, Entergy Mississippi had a regulatory asset of $18.2 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) 2021 Formula Rate Plan Filing In July 2021, Entergy New Orleans submitted to the City Council its formula rate plan 2020 test year filing. The 2020 test year evaluation report produced an earned return on equity of 6.26% compared to the authorized return on equity of 9.35%. Entergy New Orleans sought approval of a $64 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula resulted in an increase in authorized electric revenues of $40 million and an increase in authorized gas revenues of $18.8 million. Entergy New Orleans also sought to commence collecting $5.2 million in electric revenues and $0.3 million in gas 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, followed by a 25-day period to resolve any disputes among the parties. Resulting rates will be effective with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. In October 2021 the City Council’s advisors filed a 75-day report recommending a reduction of $10 million for electric revenues and a reduction of $4.5 million for gas revenues, along with one-time credits funded by certain electric regulatory liabilities currently held by Entergy New Orleans for customers. Other parties filed reports arguing that no rate should be implemented until the completion of a management audit of Entergy New Orleans. On October 26, 2021, Entergy New Orleans provided notice to the City Council that it intends to implement rates effective with the first billing cycle of November 2021, with such rates reflecting an amount agreed-upon by Entergy New Orleans including adjustments filed in the City Council’s 75-day report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented will be $49.5 million, with an increase of $34.9 million in electric revenues and $14.6 million in gas revenues. Also, credits of $17.4 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over a five-month period from November 2021 through March 2022. Resulting rates went into effect with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. COVID-19 Orders As discussed in the Form 10-K, in June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding and approximately $15 million of non-securitized storm reserves to fund this program, which was intended to provide temporary bill relief to customers who became unemployed during the COVID-19 pandemic. The program was effective from July 1, 2020 through December 31, 2020 and offered qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. Credits of $4.3 million were applied to customer bills under the City Council Cares Program. Additionally, as discussed in the Form 10-K, in February 2021 the City Council adopted a resolution suspending residential customer disconnections for non-payment of utility bills and suspending the assessment and accumulation of late fees on residential customers with past-due balances through May 15, 2021, which was not extended by the City Council. As of September 30, 2021, Entergy New Orleans had a regulatory asset of $12.7 million for costs associated with the COVID-19 pandemic. Filings with the PUCT and Texas Cities (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s then-effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. In February 2021 the ALJ with the State Office of Administrative Hearings approved Entergy Texas’s agreed motion for interim rates, which went into effect in March 2021. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested DCRF revenue requirement and resolving all issues in the proceeding. In May 2021 the PUCT issued an order approving the settlement. In August 2021, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $40.2 million annually, or $13.9 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between September 1, 2020 and June 30, 2021. A procedural schedule was established with a hearing scheduled in December 2021. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s then-effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested TCRF revenue requirement with interim rates effective March 2021 and resolving all issues in the proceeding. In M
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. Hurricane Ida In August 2021, Hurricane Ida caused extensive damage to the Entergy distribution and transmission systems across Louisiana resulting in widespread power outages. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Ida are currently estimated to be in the range of $2.1 billion to $2.5 billion. Most of the storm costs were incurred by Entergy Louisiana and Entergy New Orleans. Also, Utility revenues in 2021 were adversely affected by extended power outages resulting from the hurricane. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded corresponding regulatory assets of approximately $850 million, including $800 million at Entergy Louisiana and $45 million at Entergy New Orleans, and construction work in progress of approximately $1.3 billion, including $1.2 billion at Entergy Louisiana and $75 million at Entergy New Orleans. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment of such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well-established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Entergy is considering all available avenues to recover storm-related costs from Hurricane Ida, including federal government assistance and securitization financing. In September 2021, Entergy Louisiana filed an application at the LPSC seeking approval of certain ratemaking adjustments to facilitate issuance of approximately $1 billion of shorter-term bonds to provide interim financing for restoration costs associated with Hurricane Ida, which bonds were issued in October 2021. Also in September 2021, as discussed below in “ Storm Cost Filings with Retail Regulators - Entergy Louisiana - Hurricane Laura, Hurricane Delta, Hurricane Zeta, Winter Storm Uri, and Hurricane Ida ,” Entergy Louisiana sought approval for the creation and funding of a $1 billion restricted escrow account for Hurricane Ida restoration costs, subject to a subsequent prudence review. In September 2021, Entergy New Orleans withdrew $39 million from its funded storm reserves. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider As discussed in the Form 10-K, in January 2014, Entergy Arkansas filed a motion with the APSC relating to its energy cost rate redetermination filing that was made in March 2014. In that motion, Entergy Arkansas requested that the APSC authorize Entergy Arkansas to exclude from the redetermination of its 2014 energy cost rate $65.9 million of incremental fuel and replacement energy costs incurred in 2013 as a result of the ANO stator incident. Entergy Arkansas requested that the APSC authorize Entergy Arkansas to retain that amount in its deferred fuel balance, with recovery to be reviewed in a later period after more information was available regarding various claims associated with the ANO stator incident. In February 2014 the APSC approved Entergy Arkansas’s request to retain that amount in its deferred fuel balance. In July 2017, Entergy Arkansas filed for a change in rates pursuant to its formula rate plan rider. In that proceeding, the APSC approved a settlement agreement agreed upon by the parties, including a provision that requires Entergy Arkansas to initiate a regulatory proceeding for the purpose of recovering funds currently withheld from rates and related to the stator incident, including the $65.9 million of deferred fuel and purchased energy costs previously noted, subject to certain timelines and conditions set forth in the settlement agreement. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. See the “ ANO Damage, Outage, and NRC Reviews ” section in Note 8 to the financial statements in the Form 10-K for further discussion of the ANO stator incident. In March 2021, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01052 per kWh to $0.00959 per kWh. The redetermined rate calculation also included an adjustment to account for a portion of the increased fuel costs resulting from the February 2021 winter storms. The redetermined rate became effective with the first billing cycle in April 2021 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. In September 2021 the LPSC submitted its audit report and found that all costs recovered through the fuel adjustment clause were reasonable and eligible for recovery through the fuel adjustment clause. The report did contain prospective recommendations on internal informational reporting. In February 2021, Entergy Louisiana incurred extraordinary fuel costs associated with the February 2021 winter storms. To mitigate the effect of these costs on customer bills, in March 2021 Entergy Louisiana requested and the LPSC approved the deferral and recovery of $166 million in incremental fuel costs over five months beginning in April 2021. The incremental fuel costs remain subject to review for reasonableness and eligibility for recovery through the fuel adjustment clause mechanism. The final amount of incremental fuel costs is subject to change through the resettlement process. At its April 2021 meeting, the LPSC authorized its staff to review the prudence of the February 2021 fuel costs incurred by all LPSC-jurisdictional utilities. At its June 2021 meeting, the LPSC approved the hiring of consultants to assist its staff in this review. Discovery is ongoing. In March 2021 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings covering the period January 2018 through December 2020. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for that period. Discovery is ongoing, and no audit report has been filed. Entergy Texas In February 2021, Entergy Texas filed an application to implement a fuel refund for a cumulative over-recovery of approximately $75 million that is primarily attributable to settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas planned to issue the refund over the period of March through August 2021. On February 22, 2021, Entergy Texas filed a motion to abate its fuel refund proceeding to assess how the February 2021 winter storm impacted Entergy Texas’s fuel over-recovery position. In March 2021, Entergy Texas withdrew its application to implement the fuel refund. Entergy Texas is continuing to evaluate its fuel balance and will file a subsequent refund or surcharge application consistent with the requirements of the PUCT’s rules. 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 2020 Formula Rate Plan Filing As discussed in the Form 10-K, in December 2020, Entergy Arkansas filed a petition for rehearing of the APSC’s decision in the 2020 formula rate plan proceeding regarding the 2019 netting adjustment, and in January 2021 the APSC granted further consideration of Entergy Arkansas’s petition. Based on the progress of the proceeding to date, in December 2020, Entergy Arkansas recorded a regulatory liability of $43.5 million to reflect the netting adjustment for 2019, as included in the APSC’s December 2020 order, which would be returned to customers in 2021. Entergy Arkansas also requested an extension of the formula rate plan rider for a second five- year term. In March 2021 the Arkansas Governor signed HB1662 into law (Act 404). Act 404 clarified aspects of the original formula rate plan legislation enacted in 2015, including with respect to the extension of a formula rate plan, the methodology for the netting adjustment, and debt and equity levels; it also reaffirmed the customer protections of the original formula rate plan legislation, including the cap on annual formula rate plan rate changes. Pursuant to Act 404, Entergy Arkansas’s formula rate plan rider is extended for a second five-year term. Entergy Arkansas filed a compliance tariff in its formula rate plan docket in April 2021 to effectuate the netting provisions of Act 404, which reflected a net change in required formula rate plan rider revenue of $39.8 million, effective with the first billing cycle of May 2021. In April 2021 the APSC issued an order approving the compliance tariff and recognizing the formula rate plan extension. Also in April 2021, Entergy Arkansas filed for approval of modifications to the formula rate plan tariff incorporating the provisions in Act 404, and the APSC approved the tariff modifications in April 2021. Given the APSC general staff’s support for the expedited approval of these filings by the APSC, Entergy Arkansas supported an amendment to Act 404 to achieve a reduced return on equity from 9.75% to 9.65% to apply for years applicable to the extension term; that amendment was signed by the Arkansas Governor in April 2021 and is now Act 894. Based on the APSC’s order issued in April 2021, in the first quarter 2021, Entergy Arkansas reversed the remaining regulatory liability for the netting adjustment for 2019. In June 2021, Entergy Arkansas filed another compliance tariff in its formula rate plan proceeding to effectuate the additional provisions of Act 894, and the APSC approved the second compliance tariff filing in July 2021. 2021 Formula Rate Plan Filing In July 2021, Entergy Arkansas filed with the APSC its 2021 formula rate plan filing to set its formula rate for the 2022 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2022 and a netting adjustment for the historical year 2020. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2022 projected year is 7.65% resulting in a revenue deficiency of $89.2 million. The earned rate of return on common equity for the 2020 historical year was 7.92% resulting in a $19.4 million netting adjustment. The total proposed revenue change for the 2022 projected year and 2020 historical year netting adjustment is $108.7 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 $72.4 million. In October 2021, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $82.2 million, including a $62.8 million increase for the projected 2022 year and a $19.4 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $72.1 million. Also in October 2021 the APSC issued an order canceling the evidentiary hearing, accepting all filed testimony and exhibits into the record, and excusing all witnesses. The APSC will rule on the settlement agreement at a later date. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In March 2021 the APSC issued an order confirming the lifting of the moratorium on service disconnects effective in May 2021. In August 2021 the APSC general staff filed a report recommending that utilities with a formula rate plan discontinue capturing any additional direct costs and savings as a regulatory asset and seek cost recovery through the formula rate plan. The APSC general staff further recommended that uncollectible amounts should be determined as of the end of its write-off period, approximately December 2021, and recovered in the next formula rate plan filing over one year. In November 2021 the APSC found the APSC general staff’s recommendation to be premature and asked utilities to report on the continued need for a regulatory asset. As of September 30, 2021, Entergy Arkansas had a regulatory asset of $24.5 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in June 2018, Entergy Louisiana filed its formula rate plan evaluation report for its 2017 calendar year operations, and filed a supplemental formula rate plan evaluation report in August 2018. In accordance with the terms of the formula rate plan, in September 2018 the LPSC staff and intervenors submitted their responses to Entergy Louisiana’s original formula rate plan evaluation report and supplemental compliance updates. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2017 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objections/reservations pertaining to Entergy Louisiana’s proposed rate adjustments associated with the return of excess accumulated deferred income taxes pursuant to the Tax Cuts and Jobs Act and the treatment of accumulated deferred income taxes related to reductions of rate base, specifically how the accumulated deferred income taxes associated with uncertain tax positions have been accounted for, and test year expenses billed from Entergy Services to Entergy Louisiana. The LPSC staff further reserved its rights for future proceedings and to dispute future proposed adjustments to the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. As also discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). In February 2021 the LPSC staff filed testimony that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. The LPSC staff further recommended that the LPSC consider monitoring the remaining $3.1 million that was estimated to be incurred for completion of the project in the event the final costs exceed the estimated amounts. In July 2021 the LPSC approved a settlement between the LPSC staff and Entergy Louisiana finding that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. 2018 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed its formula rate plan evaluation report for its 2018 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2018 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objection/reservation pertaining to test year expenses billed from Entergy Services to Entergy Louisiana and outstanding issues from the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. 2019 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2019 test year formula rate plan filing. In its letter, the LPSC staff disputes Entergy Louisiana’s exclusion of approximately $251 thousand of interest income allocated from Entergy Operations and Entergy Services to Entergy Louisiana to the extent that there are other adjustments that would move Entergy Louisiana out of the formula rate plan deadband. The LPSC staff reserved the right to further contest the issue in future proceedings. The LPSC staff further reserved outstanding issues from the 2017 and 2018 formula rate plan evaluation reports and withdrew all other remaining objections/reservations. Request for Extension and Modification of Formula Rate Plan As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. The parties reached a settlement in April 2021 regarding Entergy Louisiana’s proposed FRP extension. In May 2021 the LPSC approved the uncontested settlement. Key terms of the settlement include: a three year term (test years 2020, 2021, and 2022) covering a rate-effective period of September 2021 through August 2024; a 9.50% return on equity, with a smaller, 50 basis point deadband above and below (9.0%-10.0%); elimination of sharing if earnings are outside the deadband; a $63 million rate increase for test year 2020 (exclusive of riders); continuation of existing riders (transmission, additional capacity, etc.); addition of a distribution recovery mechanism permitting $225 million per year of distribution investment above a baseline level to be recovered dollar for dollar; modification of the tax mechanism to allow timely rate changes in the event the federal corporate income tax rate is changed from 21%; a cumulative rate increase limit of $70 million (exclusive of riders) for test years 2021 and 2022; and deferral of up to $7 million per year in 2021 and 2022 of expenditures on vegetation management for outside of right of way hazard trees. 2020 Formula Rate Plan Filing In June 2021, Entergy Louisiana filed its formula rate plan evaluation report for its 2020 calendar year operations. The 2020 test year evaluation report produced an earned return on common equity of 8.45%, with a base formula rate plan revenue increase of $63 million. Certain reductions in formula rate plan revenue driven by lower sales volumes, reductions in capacity cost and net MISO cost, and higher credits resulting from the Tax Cuts and Jobs Act offset the base formula rate plan revenue increase, leading to a net increase in formula rate plan revenue of $50.7 million. The report also included multiple new adjustments to account for, among other things, the calculation of distribution recovery mechanism revenues. The effects of the changes to total formula rate plan revenue are different for each legacy company, primarily due to differences in the legacy companies’ capacity cost changes, including the effect of true-ups. Legacy Entergy Louisiana formula rate plan revenues will increase by $27 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $23.7 million. Subject to refund and LPSC review, the resulting changes became effective for bills rendered during the first billing cycle of September 2021. Discovery commenced in the proceeding. In August 2021, Entergy Louisiana submitted an update to its evaluation report to account for various changes. Relative to the June 2021 filing, the total formula rate plan revenue increased by $14.2 million to an updated total of $64.9 million. Legacy Entergy Louisiana formula rate plan revenues will increase by $32.8 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $32.1 million. The results of the 2020 test year evaluation report bandwidth calculation were unchanged as there was no change in the earned return on common equity of 8.45%. In September 2021 the LPSC staff filed a letter with a general statement of objections/reservations because it had not completed its review, and indicated it would update the letter once its review was complete. Should the parties be unable to resolve any objections, those issues will be set for hearing, with recovery of the associated costs subject to refund. 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 addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was approved through the first billing cycle after July 16, 2020. In January 2021, Entergy Louisiana resumed disconnections for customers in all customer classes with past-due balances that have not made payment arrangements. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of September 30, 2021, Entergy Louisiana had a regulatory asset of $59.2 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) 2021 Formula Rate Plan Filing In March 2021, Entergy Mississippi submitted its formula rate plan 2021 test year filing and 2020 look-back filing showing Entergy Mississippi’s earned return for the historical 2020 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2021 calendar year to be below the formula rate plan bandwidth. The 2021 test year filing shows a $95.4 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.69% return on rate base, within the formula rate plan bandwidth. The change in formula rate plan revenues, however, is capped at 4% of retail revenues, which equates to a revenue change of $44.3 million. The 2021 evaluation report also includes $3.9 million in demand side management costs for which the MPSC approved realignment of recovery from the energy efficiency rider to the formula rate plan. These costs are not subject to the 4% cap and result in a total change in formula rate plan revenues of $48.2 million. The 2020 look-back filing compares actual 2020 results to the approved benchmark return on rate base and reflects the need for a $16.8 million interim increase in formula rate plan revenues. In addition, the 2020 look-back filing includes an interim capacity adjustment true-up for the Choctaw Generating Station, which increases the look-back interim rate adjustment by $1.7 million. T hese interim rate adjustments total $18.5 million. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $22.1 million interim rate increase, reflecting a cap equal to 2% of 2020 retail revenues, effective with the April 2021 billing cycle, subject to refund, pending a final MPSC order. The $3.9 million of demand side management costs and the Choctaw Generating Station true-up of $1.7 million, which are not subject to the 2% cap of 2020 retail revenues, were included in the April 2021 rate adjustments. In June 2021, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2021 test year filing that resulted in a total rate increase of $48.2 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2020 look-back filing reflected an earned return on rate base of 6.12% in calendar year 2020, which is below the look-back bandwidth, resulting in a $17.5 million increase in formula rate plan revenues on an interim basis through May 2021. This includes $1.7 million related to the Choctaw Generating Station and $3.7 million of COVID-19 non-bad debt expenses. See “ COVID-19 Orders ” below for additional discussion of provisions of the joint stipulation related to COVID-19 expenses. In June 2021 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2021. In June 2021, Entergy Mississippi recorded regulatory credits of $19.9 million to reflect the effects of the joint stipulation. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 pandemic compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. In December 2020, Entergy Mississippi resumed disconnections for commercial, industrial, and governmental customers with past-due balances that have not made payment arrangements. In January 2021, Entergy Mississippi resumed disconnecting service for residential customers with past-due balances that have not made payment arrangements. Pursuant to the June 2021 MPSC order approving Entergy Mississippi’s 2021 formula rate plan filing, Entergy Mississippi stopped deferring COVID-19 non-bad debt expenses effective December 31, 2020 and will include those expenses in the look-back filing for the 2021 formula rate plan test year. In the order, the MPSC also adopted Entergy Mississippi’s quantification and methodology for calculating COVID-19 incremental bad debt expenses and authorized Entergy Mississippi to continue deferring these bad debt expenses through December 2021. As of September 30, 2021, Entergy Mississippi had a regulatory asset of $18.2 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) 2021 Formula Rate Plan Filing In July 2021, Entergy New Orleans submitted to the City Council its formula rate plan 2020 test year filing. The 2020 test year evaluation report produced an earned return on equity of 6.26% compared to the authorized return on equity of 9.35%. Entergy New Orleans sought approval of a $64 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula resulted in an increase in authorized electric revenues of $40 million and an increase in authorized gas revenues of $18.8 million. Entergy New Orleans also sought to commence collecting $5.2 million in electric revenues and $0.3 million in gas 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, followed by a 25-day period to resolve any disputes among the parties. Resulting rates will be effective with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. In October 2021 the City Council’s advisors filed a 75-day report recommending a reduction of $10 million for electric revenues and a reduction of $4.5 million for gas revenues, along with one-time credits funded by certain electric regulatory liabilities currently held by Entergy New Orleans for customers. Other parties filed reports arguing that no rate should be implemented until the completion of a management audit of Entergy New Orleans. On October 26, 2021, Entergy New Orleans provided notice to the City Council that it intends to implement rates effective with the first billing cycle of November 2021, with such rates reflecting an amount agreed-upon by Entergy New Orleans including adjustments filed in the City Council’s 75-day report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented will be $49.5 million, with an increase of $34.9 million in electric revenues and $14.6 million in gas revenues. Also, credits of $17.4 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over a five-month period from November 2021 through March 2022. Resulting rates went into effect with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. COVID-19 Orders As discussed in the Form 10-K, in June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding and approximately $15 million of non-securitized storm reserves to fund this program, which was intended to provide temporary bill relief to customers who became unemployed during the COVID-19 pandemic. The program was effective from July 1, 2020 through December 31, 2020 and offered qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. Credits of $4.3 million were applied to customer bills under the City Council Cares Program. Additionally, as discussed in the Form 10-K, in February 2021 the City Council adopted a resolution suspending residential customer disconnections for non-payment of utility bills and suspending the assessment and accumulation of late fees on residential customers with past-due balances through May 15, 2021, which was not extended by the City Council. As of September 30, 2021, Entergy New Orleans had a regulatory asset of $12.7 million for costs associated with the COVID-19 pandemic. Filings with the PUCT and Texas Cities (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s then-effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. In February 2021 the ALJ with the State Office of Administrative Hearings approved Entergy Texas’s agreed motion for interim rates, which went into effect in March 2021. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested DCRF revenue requirement and resolving all issues in the proceeding. In May 2021 the PUCT issued an order approving the settlement. In August 2021, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $40.2 million annually, or $13.9 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between September 1, 2020 and June 30, 2021. A procedural schedule was established with a hearing scheduled in December 2021. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s then-effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested TCRF revenue requirement with interim rates effective March 2021 and resolving all issues in the proceeding. In M
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. Hurricane Ida In August 2021, Hurricane Ida caused extensive damage to the Entergy distribution and transmission systems across Louisiana resulting in widespread power outages. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Ida are currently estimated to be in the range of $2.1 billion to $2.5 billion. Most of the storm costs were incurred by Entergy Louisiana and Entergy New Orleans. Also, Utility revenues in 2021 were adversely affected by extended power outages resulting from the hurricane. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded corresponding regulatory assets of approximately $850 million, including $800 million at Entergy Louisiana and $45 million at Entergy New Orleans, and construction work in progress of approximately $1.3 billion, including $1.2 billion at Entergy Louisiana and $75 million at Entergy New Orleans. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment of such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well-established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Entergy is considering all available avenues to recover storm-related costs from Hurricane Ida, including federal government assistance and securitization financing. In September 2021, Entergy Louisiana filed an application at the LPSC seeking approval of certain ratemaking adjustments to facilitate issuance of approximately $1 billion of shorter-term bonds to provide interim financing for restoration costs associated with Hurricane Ida, which bonds were issued in October 2021. Also in September 2021, as discussed below in “ Storm Cost Filings with Retail Regulators - Entergy Louisiana - Hurricane Laura, Hurricane Delta, Hurricane Zeta, Winter Storm Uri, and Hurricane Ida ,” Entergy Louisiana sought approval for the creation and funding of a $1 billion restricted escrow account for Hurricane Ida restoration costs, subject to a subsequent prudence review. In September 2021, Entergy New Orleans withdrew $39 million from its funded storm reserves. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider As discussed in the Form 10-K, in January 2014, Entergy Arkansas filed a motion with the APSC relating to its energy cost rate redetermination filing that was made in March 2014. In that motion, Entergy Arkansas requested that the APSC authorize Entergy Arkansas to exclude from the redetermination of its 2014 energy cost rate $65.9 million of incremental fuel and replacement energy costs incurred in 2013 as a result of the ANO stator incident. Entergy Arkansas requested that the APSC authorize Entergy Arkansas to retain that amount in its deferred fuel balance, with recovery to be reviewed in a later period after more information was available regarding various claims associated with the ANO stator incident. In February 2014 the APSC approved Entergy Arkansas’s request to retain that amount in its deferred fuel balance. In July 2017, Entergy Arkansas filed for a change in rates pursuant to its formula rate plan rider. In that proceeding, the APSC approved a settlement agreement agreed upon by the parties, including a provision that requires Entergy Arkansas to initiate a regulatory proceeding for the purpose of recovering funds currently withheld from rates and related to the stator incident, including the $65.9 million of deferred fuel and purchased energy costs previously noted, subject to certain timelines and conditions set forth in the settlement agreement. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. See the “ ANO Damage, Outage, and NRC Reviews ” section in Note 8 to the financial statements in the Form 10-K for further discussion of the ANO stator incident. In March 2021, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01052 per kWh to $0.00959 per kWh. The redetermined rate calculation also included an adjustment to account for a portion of the increased fuel costs resulting from the February 2021 winter storms. The redetermined rate became effective with the first billing cycle in April 2021 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. In September 2021 the LPSC submitted its audit report and found that all costs recovered through the fuel adjustment clause were reasonable and eligible for recovery through the fuel adjustment clause. The report did contain prospective recommendations on internal informational reporting. In February 2021, Entergy Louisiana incurred extraordinary fuel costs associated with the February 2021 winter storms. To mitigate the effect of these costs on customer bills, in March 2021 Entergy Louisiana requested and the LPSC approved the deferral and recovery of $166 million in incremental fuel costs over five months beginning in April 2021. The incremental fuel costs remain subject to review for reasonableness and eligibility for recovery through the fuel adjustment clause mechanism. The final amount of incremental fuel costs is subject to change through the resettlement process. At its April 2021 meeting, the LPSC authorized its staff to review the prudence of the February 2021 fuel costs incurred by all LPSC-jurisdictional utilities. At its June 2021 meeting, the LPSC approved the hiring of consultants to assist its staff in this review. Discovery is ongoing. In March 2021 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings covering the period January 2018 through December 2020. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for that period. Discovery is ongoing, and no audit report has been filed. Entergy Texas In February 2021, Entergy Texas filed an application to implement a fuel refund for a cumulative over-recovery of approximately $75 million that is primarily attributable to settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas planned to issue the refund over the period of March through August 2021. On February 22, 2021, Entergy Texas filed a motion to abate its fuel refund proceeding to assess how the February 2021 winter storm impacted Entergy Texas’s fuel over-recovery position. In March 2021, Entergy Texas withdrew its application to implement the fuel refund. Entergy Texas is continuing to evaluate its fuel balance and will file a subsequent refund or surcharge application consistent with the requirements of the PUCT’s rules. 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 2020 Formula Rate Plan Filing As discussed in the Form 10-K, in December 2020, Entergy Arkansas filed a petition for rehearing of the APSC’s decision in the 2020 formula rate plan proceeding regarding the 2019 netting adjustment, and in January 2021 the APSC granted further consideration of Entergy Arkansas’s petition. Based on the progress of the proceeding to date, in December 2020, Entergy Arkansas recorded a regulatory liability of $43.5 million to reflect the netting adjustment for 2019, as included in the APSC’s December 2020 order, which would be returned to customers in 2021. Entergy Arkansas also requested an extension of the formula rate plan rider for a second five- year term. In March 2021 the Arkansas Governor signed HB1662 into law (Act 404). Act 404 clarified aspects of the original formula rate plan legislation enacted in 2015, including with respect to the extension of a formula rate plan, the methodology for the netting adjustment, and debt and equity levels; it also reaffirmed the customer protections of the original formula rate plan legislation, including the cap on annual formula rate plan rate changes. Pursuant to Act 404, Entergy Arkansas’s formula rate plan rider is extended for a second five-year term. Entergy Arkansas filed a compliance tariff in its formula rate plan docket in April 2021 to effectuate the netting provisions of Act 404, which reflected a net change in required formula rate plan rider revenue of $39.8 million, effective with the first billing cycle of May 2021. In April 2021 the APSC issued an order approving the compliance tariff and recognizing the formula rate plan extension. Also in April 2021, Entergy Arkansas filed for approval of modifications to the formula rate plan tariff incorporating the provisions in Act 404, and the APSC approved the tariff modifications in April 2021. Given the APSC general staff’s support for the expedited approval of these filings by the APSC, Entergy Arkansas supported an amendment to Act 404 to achieve a reduced return on equity from 9.75% to 9.65% to apply for years applicable to the extension term; that amendment was signed by the Arkansas Governor in April 2021 and is now Act 894. Based on the APSC’s order issued in April 2021, in the first quarter 2021, Entergy Arkansas reversed the remaining regulatory liability for the netting adjustment for 2019. In June 2021, Entergy Arkansas filed another compliance tariff in its formula rate plan proceeding to effectuate the additional provisions of Act 894, and the APSC approved the second compliance tariff filing in July 2021. 2021 Formula Rate Plan Filing In July 2021, Entergy Arkansas filed with the APSC its 2021 formula rate plan filing to set its formula rate for the 2022 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2022 and a netting adjustment for the historical year 2020. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2022 projected year is 7.65% resulting in a revenue deficiency of $89.2 million. The earned rate of return on common equity for the 2020 historical year was 7.92% resulting in a $19.4 million netting adjustment. The total proposed revenue change for the 2022 projected year and 2020 historical year netting adjustment is $108.7 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 $72.4 million. In October 2021, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $82.2 million, including a $62.8 million increase for the projected 2022 year and a $19.4 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $72.1 million. Also in October 2021 the APSC issued an order canceling the evidentiary hearing, accepting all filed testimony and exhibits into the record, and excusing all witnesses. The APSC will rule on the settlement agreement at a later date. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In March 2021 the APSC issued an order confirming the lifting of the moratorium on service disconnects effective in May 2021. In August 2021 the APSC general staff filed a report recommending that utilities with a formula rate plan discontinue capturing any additional direct costs and savings as a regulatory asset and seek cost recovery through the formula rate plan. The APSC general staff further recommended that uncollectible amounts should be determined as of the end of its write-off period, approximately December 2021, and recovered in the next formula rate plan filing over one year. In November 2021 the APSC found the APSC general staff’s recommendation to be premature and asked utilities to report on the continued need for a regulatory asset. As of September 30, 2021, Entergy Arkansas had a regulatory asset of $24.5 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in June 2018, Entergy Louisiana filed its formula rate plan evaluation report for its 2017 calendar year operations, and filed a supplemental formula rate plan evaluation report in August 2018. In accordance with the terms of the formula rate plan, in September 2018 the LPSC staff and intervenors submitted their responses to Entergy Louisiana’s original formula rate plan evaluation report and supplemental compliance updates. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2017 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objections/reservations pertaining to Entergy Louisiana’s proposed rate adjustments associated with the return of excess accumulated deferred income taxes pursuant to the Tax Cuts and Jobs Act and the treatment of accumulated deferred income taxes related to reductions of rate base, specifically how the accumulated deferred income taxes associated with uncertain tax positions have been accounted for, and test year expenses billed from Entergy Services to Entergy Louisiana. The LPSC staff further reserved its rights for future proceedings and to dispute future proposed adjustments to the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. As also discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). In February 2021 the LPSC staff filed testimony that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. The LPSC staff further recommended that the LPSC consider monitoring the remaining $3.1 million that was estimated to be incurred for completion of the project in the event the final costs exceed the estimated amounts. In July 2021 the LPSC approved a settlement between the LPSC staff and Entergy Louisiana finding that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. 2018 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed its formula rate plan evaluation report for its 2018 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2018 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objection/reservation pertaining to test year expenses billed from Entergy Services to Entergy Louisiana and outstanding issues from the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. 2019 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2019 test year formula rate plan filing. In its letter, the LPSC staff disputes Entergy Louisiana’s exclusion of approximately $251 thousand of interest income allocated from Entergy Operations and Entergy Services to Entergy Louisiana to the extent that there are other adjustments that would move Entergy Louisiana out of the formula rate plan deadband. The LPSC staff reserved the right to further contest the issue in future proceedings. The LPSC staff further reserved outstanding issues from the 2017 and 2018 formula rate plan evaluation reports and withdrew all other remaining objections/reservations. Request for Extension and Modification of Formula Rate Plan As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. The parties reached a settlement in April 2021 regarding Entergy Louisiana’s proposed FRP extension. In May 2021 the LPSC approved the uncontested settlement. Key terms of the settlement include: a three year term (test years 2020, 2021, and 2022) covering a rate-effective period of September 2021 through August 2024; a 9.50% return on equity, with a smaller, 50 basis point deadband above and below (9.0%-10.0%); elimination of sharing if earnings are outside the deadband; a $63 million rate increase for test year 2020 (exclusive of riders); continuation of existing riders (transmission, additional capacity, etc.); addition of a distribution recovery mechanism permitting $225 million per year of distribution investment above a baseline level to be recovered dollar for dollar; modification of the tax mechanism to allow timely rate changes in the event the federal corporate income tax rate is changed from 21%; a cumulative rate increase limit of $70 million (exclusive of riders) for test years 2021 and 2022; and deferral of up to $7 million per year in 2021 and 2022 of expenditures on vegetation management for outside of right of way hazard trees. 2020 Formula Rate Plan Filing In June 2021, Entergy Louisiana filed its formula rate plan evaluation report for its 2020 calendar year operations. The 2020 test year evaluation report produced an earned return on common equity of 8.45%, with a base formula rate plan revenue increase of $63 million. Certain reductions in formula rate plan revenue driven by lower sales volumes, reductions in capacity cost and net MISO cost, and higher credits resulting from the Tax Cuts and Jobs Act offset the base formula rate plan revenue increase, leading to a net increase in formula rate plan revenue of $50.7 million. The report also included multiple new adjustments to account for, among other things, the calculation of distribution recovery mechanism revenues. The effects of the changes to total formula rate plan revenue are different for each legacy company, primarily due to differences in the legacy companies’ capacity cost changes, including the effect of true-ups. Legacy Entergy Louisiana formula rate plan revenues will increase by $27 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $23.7 million. Subject to refund and LPSC review, the resulting changes became effective for bills rendered during the first billing cycle of September 2021. Discovery commenced in the proceeding. In August 2021, Entergy Louisiana submitted an update to its evaluation report to account for various changes. Relative to the June 2021 filing, the total formula rate plan revenue increased by $14.2 million to an updated total of $64.9 million. Legacy Entergy Louisiana formula rate plan revenues will increase by $32.8 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $32.1 million. The results of the 2020 test year evaluation report bandwidth calculation were unchanged as there was no change in the earned return on common equity of 8.45%. In September 2021 the LPSC staff filed a letter with a general statement of objections/reservations because it had not completed its review, and indicated it would update the letter once its review was complete. Should the parties be unable to resolve any objections, those issues will be set for hearing, with recovery of the associated costs subject to refund. 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 addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was approved through the first billing cycle after July 16, 2020. In January 2021, Entergy Louisiana resumed disconnections for customers in all customer classes with past-due balances that have not made payment arrangements. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of September 30, 2021, Entergy Louisiana had a regulatory asset of $59.2 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) 2021 Formula Rate Plan Filing In March 2021, Entergy Mississippi submitted its formula rate plan 2021 test year filing and 2020 look-back filing showing Entergy Mississippi’s earned return for the historical 2020 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2021 calendar year to be below the formula rate plan bandwidth. The 2021 test year filing shows a $95.4 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.69% return on rate base, within the formula rate plan bandwidth. The change in formula rate plan revenues, however, is capped at 4% of retail revenues, which equates to a revenue change of $44.3 million. The 2021 evaluation report also includes $3.9 million in demand side management costs for which the MPSC approved realignment of recovery from the energy efficiency rider to the formula rate plan. These costs are not subject to the 4% cap and result in a total change in formula rate plan revenues of $48.2 million. The 2020 look-back filing compares actual 2020 results to the approved benchmark return on rate base and reflects the need for a $16.8 million interim increase in formula rate plan revenues. In addition, the 2020 look-back filing includes an interim capacity adjustment true-up for the Choctaw Generating Station, which increases the look-back interim rate adjustment by $1.7 million. T hese interim rate adjustments total $18.5 million. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $22.1 million interim rate increase, reflecting a cap equal to 2% of 2020 retail revenues, effective with the April 2021 billing cycle, subject to refund, pending a final MPSC order. The $3.9 million of demand side management costs and the Choctaw Generating Station true-up of $1.7 million, which are not subject to the 2% cap of 2020 retail revenues, were included in the April 2021 rate adjustments. In June 2021, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2021 test year filing that resulted in a total rate increase of $48.2 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2020 look-back filing reflected an earned return on rate base of 6.12% in calendar year 2020, which is below the look-back bandwidth, resulting in a $17.5 million increase in formula rate plan revenues on an interim basis through May 2021. This includes $1.7 million related to the Choctaw Generating Station and $3.7 million of COVID-19 non-bad debt expenses. See “ COVID-19 Orders ” below for additional discussion of provisions of the joint stipulation related to COVID-19 expenses. In June 2021 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2021. In June 2021, Entergy Mississippi recorded regulatory credits of $19.9 million to reflect the effects of the joint stipulation. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 pandemic compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. In December 2020, Entergy Mississippi resumed disconnections for commercial, industrial, and governmental customers with past-due balances that have not made payment arrangements. In January 2021, Entergy Mississippi resumed disconnecting service for residential customers with past-due balances that have not made payment arrangements. Pursuant to the June 2021 MPSC order approving Entergy Mississippi’s 2021 formula rate plan filing, Entergy Mississippi stopped deferring COVID-19 non-bad debt expenses effective December 31, 2020 and will include those expenses in the look-back filing for the 2021 formula rate plan test year. In the order, the MPSC also adopted Entergy Mississippi’s quantification and methodology for calculating COVID-19 incremental bad debt expenses and authorized Entergy Mississippi to continue deferring these bad debt expenses through December 2021. As of September 30, 2021, Entergy Mississippi had a regulatory asset of $18.2 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) 2021 Formula Rate Plan Filing In July 2021, Entergy New Orleans submitted to the City Council its formula rate plan 2020 test year filing. The 2020 test year evaluation report produced an earned return on equity of 6.26% compared to the authorized return on equity of 9.35%. Entergy New Orleans sought approval of a $64 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula resulted in an increase in authorized electric revenues of $40 million and an increase in authorized gas revenues of $18.8 million. Entergy New Orleans also sought to commence collecting $5.2 million in electric revenues and $0.3 million in gas 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, followed by a 25-day period to resolve any disputes among the parties. Resulting rates will be effective with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. In October 2021 the City Council’s advisors filed a 75-day report recommending a reduction of $10 million for electric revenues and a reduction of $4.5 million for gas revenues, along with one-time credits funded by certain electric regulatory liabilities currently held by Entergy New Orleans for customers. Other parties filed reports arguing that no rate should be implemented until the completion of a management audit of Entergy New Orleans. On October 26, 2021, Entergy New Orleans provided notice to the City Council that it intends to implement rates effective with the first billing cycle of November 2021, with such rates reflecting an amount agreed-upon by Entergy New Orleans including adjustments filed in the City Council’s 75-day report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented will be $49.5 million, with an increase of $34.9 million in electric revenues and $14.6 million in gas revenues. Also, credits of $17.4 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over a five-month period from November 2021 through March 2022. Resulting rates went into effect with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. COVID-19 Orders As discussed in the Form 10-K, in June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding and approximately $15 million of non-securitized storm reserves to fund this program, which was intended to provide temporary bill relief to customers who became unemployed during the COVID-19 pandemic. The program was effective from July 1, 2020 through December 31, 2020 and offered qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. Credits of $4.3 million were applied to customer bills under the City Council Cares Program. Additionally, as discussed in the Form 10-K, in February 2021 the City Council adopted a resolution suspending residential customer disconnections for non-payment of utility bills and suspending the assessment and accumulation of late fees on residential customers with past-due balances through May 15, 2021, which was not extended by the City Council. As of September 30, 2021, Entergy New Orleans had a regulatory asset of $12.7 million for costs associated with the COVID-19 pandemic. Filings with the PUCT and Texas Cities (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s then-effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. In February 2021 the ALJ with the State Office of Administrative Hearings approved Entergy Texas’s agreed motion for interim rates, which went into effect in March 2021. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested DCRF revenue requirement and resolving all issues in the proceeding. In May 2021 the PUCT issued an order approving the settlement. In August 2021, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $40.2 million annually, or $13.9 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between September 1, 2020 and June 30, 2021. A procedural schedule was established with a hearing scheduled in December 2021. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s then-effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested TCRF revenue requirement with interim rates effective March 2021 and resolving all issues in the proceeding. In M
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. Hurricane Ida In August 2021, Hurricane Ida caused extensive damage to the Entergy distribution and transmission systems across Louisiana resulting in widespread power outages. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Ida are currently estimated to be in the range of $2.1 billion to $2.5 billion. Most of the storm costs were incurred by Entergy Louisiana and Entergy New Orleans. Also, Utility revenues in 2021 were adversely affected by extended power outages resulting from the hurricane. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded corresponding regulatory assets of approximately $850 million, including $800 million at Entergy Louisiana and $45 million at Entergy New Orleans, and construction work in progress of approximately $1.3 billion, including $1.2 billion at Entergy Louisiana and $75 million at Entergy New Orleans. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment of such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well-established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Entergy is considering all available avenues to recover storm-related costs from Hurricane Ida, including federal government assistance and securitization financing. In September 2021, Entergy Louisiana filed an application at the LPSC seeking approval of certain ratemaking adjustments to facilitate issuance of approximately $1 billion of shorter-term bonds to provide interim financing for restoration costs associated with Hurricane Ida, which bonds were issued in October 2021. Also in September 2021, as discussed below in “ Storm Cost Filings with Retail Regulators - Entergy Louisiana - Hurricane Laura, Hurricane Delta, Hurricane Zeta, Winter Storm Uri, and Hurricane Ida ,” Entergy Louisiana sought approval for the creation and funding of a $1 billion restricted escrow account for Hurricane Ida restoration costs, subject to a subsequent prudence review. In September 2021, Entergy New Orleans withdrew $39 million from its funded storm reserves. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider As discussed in the Form 10-K, in January 2014, Entergy Arkansas filed a motion with the APSC relating to its energy cost rate redetermination filing that was made in March 2014. In that motion, Entergy Arkansas requested that the APSC authorize Entergy Arkansas to exclude from the redetermination of its 2014 energy cost rate $65.9 million of incremental fuel and replacement energy costs incurred in 2013 as a result of the ANO stator incident. Entergy Arkansas requested that the APSC authorize Entergy Arkansas to retain that amount in its deferred fuel balance, with recovery to be reviewed in a later period after more information was available regarding various claims associated with the ANO stator incident. In February 2014 the APSC approved Entergy Arkansas’s request to retain that amount in its deferred fuel balance. In July 2017, Entergy Arkansas filed for a change in rates pursuant to its formula rate plan rider. In that proceeding, the APSC approved a settlement agreement agreed upon by the parties, including a provision that requires Entergy Arkansas to initiate a regulatory proceeding for the purpose of recovering funds currently withheld from rates and related to the stator incident, including the $65.9 million of deferred fuel and purchased energy costs previously noted, subject to certain timelines and conditions set forth in the settlement agreement. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. See the “ ANO Damage, Outage, and NRC Reviews ” section in Note 8 to the financial statements in the Form 10-K for further discussion of the ANO stator incident. In March 2021, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01052 per kWh to $0.00959 per kWh. The redetermined rate calculation also included an adjustment to account for a portion of the increased fuel costs resulting from the February 2021 winter storms. The redetermined rate became effective with the first billing cycle in April 2021 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. In September 2021 the LPSC submitted its audit report and found that all costs recovered through the fuel adjustment clause were reasonable and eligible for recovery through the fuel adjustment clause. The report did contain prospective recommendations on internal informational reporting. In February 2021, Entergy Louisiana incurred extraordinary fuel costs associated with the February 2021 winter storms. To mitigate the effect of these costs on customer bills, in March 2021 Entergy Louisiana requested and the LPSC approved the deferral and recovery of $166 million in incremental fuel costs over five months beginning in April 2021. The incremental fuel costs remain subject to review for reasonableness and eligibility for recovery through the fuel adjustment clause mechanism. The final amount of incremental fuel costs is subject to change through the resettlement process. At its April 2021 meeting, the LPSC authorized its staff to review the prudence of the February 2021 fuel costs incurred by all LPSC-jurisdictional utilities. At its June 2021 meeting, the LPSC approved the hiring of consultants to assist its staff in this review. Discovery is ongoing. In March 2021 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings covering the period January 2018 through December 2020. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for that period. Discovery is ongoing, and no audit report has been filed. Entergy Texas In February 2021, Entergy Texas filed an application to implement a fuel refund for a cumulative over-recovery of approximately $75 million that is primarily attributable to settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas planned to issue the refund over the period of March through August 2021. On February 22, 2021, Entergy Texas filed a motion to abate its fuel refund proceeding to assess how the February 2021 winter storm impacted Entergy Texas’s fuel over-recovery position. In March 2021, Entergy Texas withdrew its application to implement the fuel refund. Entergy Texas is continuing to evaluate its fuel balance and will file a subsequent refund or surcharge application consistent with the requirements of the PUCT’s rules. 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 2020 Formula Rate Plan Filing As discussed in the Form 10-K, in December 2020, Entergy Arkansas filed a petition for rehearing of the APSC’s decision in the 2020 formula rate plan proceeding regarding the 2019 netting adjustment, and in January 2021 the APSC granted further consideration of Entergy Arkansas’s petition. Based on the progress of the proceeding to date, in December 2020, Entergy Arkansas recorded a regulatory liability of $43.5 million to reflect the netting adjustment for 2019, as included in the APSC’s December 2020 order, which would be returned to customers in 2021. Entergy Arkansas also requested an extension of the formula rate plan rider for a second five- year term. In March 2021 the Arkansas Governor signed HB1662 into law (Act 404). Act 404 clarified aspects of the original formula rate plan legislation enacted in 2015, including with respect to the extension of a formula rate plan, the methodology for the netting adjustment, and debt and equity levels; it also reaffirmed the customer protections of the original formula rate plan legislation, including the cap on annual formula rate plan rate changes. Pursuant to Act 404, Entergy Arkansas’s formula rate plan rider is extended for a second five-year term. Entergy Arkansas filed a compliance tariff in its formula rate plan docket in April 2021 to effectuate the netting provisions of Act 404, which reflected a net change in required formula rate plan rider revenue of $39.8 million, effective with the first billing cycle of May 2021. In April 2021 the APSC issued an order approving the compliance tariff and recognizing the formula rate plan extension. Also in April 2021, Entergy Arkansas filed for approval of modifications to the formula rate plan tariff incorporating the provisions in Act 404, and the APSC approved the tariff modifications in April 2021. Given the APSC general staff’s support for the expedited approval of these filings by the APSC, Entergy Arkansas supported an amendment to Act 404 to achieve a reduced return on equity from 9.75% to 9.65% to apply for years applicable to the extension term; that amendment was signed by the Arkansas Governor in April 2021 and is now Act 894. Based on the APSC’s order issued in April 2021, in the first quarter 2021, Entergy Arkansas reversed the remaining regulatory liability for the netting adjustment for 2019. In June 2021, Entergy Arkansas filed another compliance tariff in its formula rate plan proceeding to effectuate the additional provisions of Act 894, and the APSC approved the second compliance tariff filing in July 2021. 2021 Formula Rate Plan Filing In July 2021, Entergy Arkansas filed with the APSC its 2021 formula rate plan filing to set its formula rate for the 2022 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2022 and a netting adjustment for the historical year 2020. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2022 projected year is 7.65% resulting in a revenue deficiency of $89.2 million. The earned rate of return on common equity for the 2020 historical year was 7.92% resulting in a $19.4 million netting adjustment. The total proposed revenue change for the 2022 projected year and 2020 historical year netting adjustment is $108.7 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 $72.4 million. In October 2021, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $82.2 million, including a $62.8 million increase for the projected 2022 year and a $19.4 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $72.1 million. Also in October 2021 the APSC issued an order canceling the evidentiary hearing, accepting all filed testimony and exhibits into the record, and excusing all witnesses. The APSC will rule on the settlement agreement at a later date. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In March 2021 the APSC issued an order confirming the lifting of the moratorium on service disconnects effective in May 2021. In August 2021 the APSC general staff filed a report recommending that utilities with a formula rate plan discontinue capturing any additional direct costs and savings as a regulatory asset and seek cost recovery through the formula rate plan. The APSC general staff further recommended that uncollectible amounts should be determined as of the end of its write-off period, approximately December 2021, and recovered in the next formula rate plan filing over one year. In November 2021 the APSC found the APSC general staff’s recommendation to be premature and asked utilities to report on the continued need for a regulatory asset. As of September 30, 2021, Entergy Arkansas had a regulatory asset of $24.5 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in June 2018, Entergy Louisiana filed its formula rate plan evaluation report for its 2017 calendar year operations, and filed a supplemental formula rate plan evaluation report in August 2018. In accordance with the terms of the formula rate plan, in September 2018 the LPSC staff and intervenors submitted their responses to Entergy Louisiana’s original formula rate plan evaluation report and supplemental compliance updates. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2017 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objections/reservations pertaining to Entergy Louisiana’s proposed rate adjustments associated with the return of excess accumulated deferred income taxes pursuant to the Tax Cuts and Jobs Act and the treatment of accumulated deferred income taxes related to reductions of rate base, specifically how the accumulated deferred income taxes associated with uncertain tax positions have been accounted for, and test year expenses billed from Entergy Services to Entergy Louisiana. The LPSC staff further reserved its rights for future proceedings and to dispute future proposed adjustments to the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. As also discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). In February 2021 the LPSC staff filed testimony that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. The LPSC staff further recommended that the LPSC consider monitoring the remaining $3.1 million that was estimated to be incurred for completion of the project in the event the final costs exceed the estimated amounts. In July 2021 the LPSC approved a settlement between the LPSC staff and Entergy Louisiana finding that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. 2018 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed its formula rate plan evaluation report for its 2018 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2018 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objection/reservation pertaining to test year expenses billed from Entergy Services to Entergy Louisiana and outstanding issues from the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. 2019 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2019 test year formula rate plan filing. In its letter, the LPSC staff disputes Entergy Louisiana’s exclusion of approximately $251 thousand of interest income allocated from Entergy Operations and Entergy Services to Entergy Louisiana to the extent that there are other adjustments that would move Entergy Louisiana out of the formula rate plan deadband. The LPSC staff reserved the right to further contest the issue in future proceedings. The LPSC staff further reserved outstanding issues from the 2017 and 2018 formula rate plan evaluation reports and withdrew all other remaining objections/reservations. Request for Extension and Modification of Formula Rate Plan As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. The parties reached a settlement in April 2021 regarding Entergy Louisiana’s proposed FRP extension. In May 2021 the LPSC approved the uncontested settlement. Key terms of the settlement include: a three year term (test years 2020, 2021, and 2022) covering a rate-effective period of September 2021 through August 2024; a 9.50% return on equity, with a smaller, 50 basis point deadband above and below (9.0%-10.0%); elimination of sharing if earnings are outside the deadband; a $63 million rate increase for test year 2020 (exclusive of riders); continuation of existing riders (transmission, additional capacity, etc.); addition of a distribution recovery mechanism permitting $225 million per year of distribution investment above a baseline level to be recovered dollar for dollar; modification of the tax mechanism to allow timely rate changes in the event the federal corporate income tax rate is changed from 21%; a cumulative rate increase limit of $70 million (exclusive of riders) for test years 2021 and 2022; and deferral of up to $7 million per year in 2021 and 2022 of expenditures on vegetation management for outside of right of way hazard trees. 2020 Formula Rate Plan Filing In June 2021, Entergy Louisiana filed its formula rate plan evaluation report for its 2020 calendar year operations. The 2020 test year evaluation report produced an earned return on common equity of 8.45%, with a base formula rate plan revenue increase of $63 million. Certain reductions in formula rate plan revenue driven by lower sales volumes, reductions in capacity cost and net MISO cost, and higher credits resulting from the Tax Cuts and Jobs Act offset the base formula rate plan revenue increase, leading to a net increase in formula rate plan revenue of $50.7 million. The report also included multiple new adjustments to account for, among other things, the calculation of distribution recovery mechanism revenues. The effects of the changes to total formula rate plan revenue are different for each legacy company, primarily due to differences in the legacy companies’ capacity cost changes, including the effect of true-ups. Legacy Entergy Louisiana formula rate plan revenues will increase by $27 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $23.7 million. Subject to refund and LPSC review, the resulting changes became effective for bills rendered during the first billing cycle of September 2021. Discovery commenced in the proceeding. In August 2021, Entergy Louisiana submitted an update to its evaluation report to account for various changes. Relative to the June 2021 filing, the total formula rate plan revenue increased by $14.2 million to an updated total of $64.9 million. Legacy Entergy Louisiana formula rate plan revenues will increase by $32.8 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $32.1 million. The results of the 2020 test year evaluation report bandwidth calculation were unchanged as there was no change in the earned return on common equity of 8.45%. In September 2021 the LPSC staff filed a letter with a general statement of objections/reservations because it had not completed its review, and indicated it would update the letter once its review was complete. Should the parties be unable to resolve any objections, those issues will be set for hearing, with recovery of the associated costs subject to refund. 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 addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was approved through the first billing cycle after July 16, 2020. In January 2021, Entergy Louisiana resumed disconnections for customers in all customer classes with past-due balances that have not made payment arrangements. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of September 30, 2021, Entergy Louisiana had a regulatory asset of $59.2 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) 2021 Formula Rate Plan Filing In March 2021, Entergy Mississippi submitted its formula rate plan 2021 test year filing and 2020 look-back filing showing Entergy Mississippi’s earned return for the historical 2020 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2021 calendar year to be below the formula rate plan bandwidth. The 2021 test year filing shows a $95.4 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.69% return on rate base, within the formula rate plan bandwidth. The change in formula rate plan revenues, however, is capped at 4% of retail revenues, which equates to a revenue change of $44.3 million. The 2021 evaluation report also includes $3.9 million in demand side management costs for which the MPSC approved realignment of recovery from the energy efficiency rider to the formula rate plan. These costs are not subject to the 4% cap and result in a total change in formula rate plan revenues of $48.2 million. The 2020 look-back filing compares actual 2020 results to the approved benchmark return on rate base and reflects the need for a $16.8 million interim increase in formula rate plan revenues. In addition, the 2020 look-back filing includes an interim capacity adjustment true-up for the Choctaw Generating Station, which increases the look-back interim rate adjustment by $1.7 million. T hese interim rate adjustments total $18.5 million. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $22.1 million interim rate increase, reflecting a cap equal to 2% of 2020 retail revenues, effective with the April 2021 billing cycle, subject to refund, pending a final MPSC order. The $3.9 million of demand side management costs and the Choctaw Generating Station true-up of $1.7 million, which are not subject to the 2% cap of 2020 retail revenues, were included in the April 2021 rate adjustments. In June 2021, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2021 test year filing that resulted in a total rate increase of $48.2 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2020 look-back filing reflected an earned return on rate base of 6.12% in calendar year 2020, which is below the look-back bandwidth, resulting in a $17.5 million increase in formula rate plan revenues on an interim basis through May 2021. This includes $1.7 million related to the Choctaw Generating Station and $3.7 million of COVID-19 non-bad debt expenses. See “ COVID-19 Orders ” below for additional discussion of provisions of the joint stipulation related to COVID-19 expenses. In June 2021 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2021. In June 2021, Entergy Mississippi recorded regulatory credits of $19.9 million to reflect the effects of the joint stipulation. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 pandemic compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. In December 2020, Entergy Mississippi resumed disconnections for commercial, industrial, and governmental customers with past-due balances that have not made payment arrangements. In January 2021, Entergy Mississippi resumed disconnecting service for residential customers with past-due balances that have not made payment arrangements. Pursuant to the June 2021 MPSC order approving Entergy Mississippi’s 2021 formula rate plan filing, Entergy Mississippi stopped deferring COVID-19 non-bad debt expenses effective December 31, 2020 and will include those expenses in the look-back filing for the 2021 formula rate plan test year. In the order, the MPSC also adopted Entergy Mississippi’s quantification and methodology for calculating COVID-19 incremental bad debt expenses and authorized Entergy Mississippi to continue deferring these bad debt expenses through December 2021. As of September 30, 2021, Entergy Mississippi had a regulatory asset of $18.2 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) 2021 Formula Rate Plan Filing In July 2021, Entergy New Orleans submitted to the City Council its formula rate plan 2020 test year filing. The 2020 test year evaluation report produced an earned return on equity of 6.26% compared to the authorized return on equity of 9.35%. Entergy New Orleans sought approval of a $64 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula resulted in an increase in authorized electric revenues of $40 million and an increase in authorized gas revenues of $18.8 million. Entergy New Orleans also sought to commence collecting $5.2 million in electric revenues and $0.3 million in gas 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, followed by a 25-day period to resolve any disputes among the parties. Resulting rates will be effective with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. In October 2021 the City Council’s advisors filed a 75-day report recommending a reduction of $10 million for electric revenues and a reduction of $4.5 million for gas revenues, along with one-time credits funded by certain electric regulatory liabilities currently held by Entergy New Orleans for customers. Other parties filed reports arguing that no rate should be implemented until the completion of a management audit of Entergy New Orleans. On October 26, 2021, Entergy New Orleans provided notice to the City Council that it intends to implement rates effective with the first billing cycle of November 2021, with such rates reflecting an amount agreed-upon by Entergy New Orleans including adjustments filed in the City Council’s 75-day report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented will be $49.5 million, with an increase of $34.9 million in electric revenues and $14.6 million in gas revenues. Also, credits of $17.4 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over a five-month period from November 2021 through March 2022. Resulting rates went into effect with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. COVID-19 Orders As discussed in the Form 10-K, in June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding and approximately $15 million of non-securitized storm reserves to fund this program, which was intended to provide temporary bill relief to customers who became unemployed during the COVID-19 pandemic. The program was effective from July 1, 2020 through December 31, 2020 and offered qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. Credits of $4.3 million were applied to customer bills under the City Council Cares Program. Additionally, as discussed in the Form 10-K, in February 2021 the City Council adopted a resolution suspending residential customer disconnections for non-payment of utility bills and suspending the assessment and accumulation of late fees on residential customers with past-due balances through May 15, 2021, which was not extended by the City Council. As of September 30, 2021, Entergy New Orleans had a regulatory asset of $12.7 million for costs associated with the COVID-19 pandemic. Filings with the PUCT and Texas Cities (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s then-effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. In February 2021 the ALJ with the State Office of Administrative Hearings approved Entergy Texas’s agreed motion for interim rates, which went into effect in March 2021. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested DCRF revenue requirement and resolving all issues in the proceeding. In May 2021 the PUCT issued an order approving the settlement. In August 2021, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $40.2 million annually, or $13.9 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between September 1, 2020 and June 30, 2021. A procedural schedule was established with a hearing scheduled in December 2021. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s then-effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested TCRF revenue requirement with interim rates effective March 2021 and resolving all issues in the proceeding. In M
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. Hurricane Ida In August 2021, Hurricane Ida caused extensive damage to the Entergy distribution and transmission systems across Louisiana resulting in widespread power outages. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Ida are currently estimated to be in the range of $2.1 billion to $2.5 billion. Most of the storm costs were incurred by Entergy Louisiana and Entergy New Orleans. Also, Utility revenues in 2021 were adversely affected by extended power outages resulting from the hurricane. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded corresponding regulatory assets of approximately $850 million, including $800 million at Entergy Louisiana and $45 million at Entergy New Orleans, and construction work in progress of approximately $1.3 billion, including $1.2 billion at Entergy Louisiana and $75 million at Entergy New Orleans. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment of such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well-established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Entergy is considering all available avenues to recover storm-related costs from Hurricane Ida, including federal government assistance and securitization financing. In September 2021, Entergy Louisiana filed an application at the LPSC seeking approval of certain ratemaking adjustments to facilitate issuance of approximately $1 billion of shorter-term bonds to provide interim financing for restoration costs associated with Hurricane Ida, which bonds were issued in October 2021. Also in September 2021, as discussed below in “ Storm Cost Filings with Retail Regulators - Entergy Louisiana - Hurricane Laura, Hurricane Delta, Hurricane Zeta, Winter Storm Uri, and Hurricane Ida ,” Entergy Louisiana sought approval for the creation and funding of a $1 billion restricted escrow account for Hurricane Ida restoration costs, subject to a subsequent prudence review. In September 2021, Entergy New Orleans withdrew $39 million from its funded storm reserves. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider As discussed in the Form 10-K, in January 2014, Entergy Arkansas filed a motion with the APSC relating to its energy cost rate redetermination filing that was made in March 2014. In that motion, Entergy Arkansas requested that the APSC authorize Entergy Arkansas to exclude from the redetermination of its 2014 energy cost rate $65.9 million of incremental fuel and replacement energy costs incurred in 2013 as a result of the ANO stator incident. Entergy Arkansas requested that the APSC authorize Entergy Arkansas to retain that amount in its deferred fuel balance, with recovery to be reviewed in a later period after more information was available regarding various claims associated with the ANO stator incident. In February 2014 the APSC approved Entergy Arkansas’s request to retain that amount in its deferred fuel balance. In July 2017, Entergy Arkansas filed for a change in rates pursuant to its formula rate plan rider. In that proceeding, the APSC approved a settlement agreement agreed upon by the parties, including a provision that requires Entergy Arkansas to initiate a regulatory proceeding for the purpose of recovering funds currently withheld from rates and related to the stator incident, including the $65.9 million of deferred fuel and purchased energy costs previously noted, subject to certain timelines and conditions set forth in the settlement agreement. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. See the “ ANO Damage, Outage, and NRC Reviews ” section in Note 8 to the financial statements in the Form 10-K for further discussion of the ANO stator incident. In March 2021, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01052 per kWh to $0.00959 per kWh. The redetermined rate calculation also included an adjustment to account for a portion of the increased fuel costs resulting from the February 2021 winter storms. The redetermined rate became effective with the first billing cycle in April 2021 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. In September 2021 the LPSC submitted its audit report and found that all costs recovered through the fuel adjustment clause were reasonable and eligible for recovery through the fuel adjustment clause. The report did contain prospective recommendations on internal informational reporting. In February 2021, Entergy Louisiana incurred extraordinary fuel costs associated with the February 2021 winter storms. To mitigate the effect of these costs on customer bills, in March 2021 Entergy Louisiana requested and the LPSC approved the deferral and recovery of $166 million in incremental fuel costs over five months beginning in April 2021. The incremental fuel costs remain subject to review for reasonableness and eligibility for recovery through the fuel adjustment clause mechanism. The final amount of incremental fuel costs is subject to change through the resettlement process. At its April 2021 meeting, the LPSC authorized its staff to review the prudence of the February 2021 fuel costs incurred by all LPSC-jurisdictional utilities. At its June 2021 meeting, the LPSC approved the hiring of consultants to assist its staff in this review. Discovery is ongoing. In March 2021 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings covering the period January 2018 through December 2020. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for that period. Discovery is ongoing, and no audit report has been filed. Entergy Texas In February 2021, Entergy Texas filed an application to implement a fuel refund for a cumulative over-recovery of approximately $75 million that is primarily attributable to settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas planned to issue the refund over the period of March through August 2021. On February 22, 2021, Entergy Texas filed a motion to abate its fuel refund proceeding to assess how the February 2021 winter storm impacted Entergy Texas’s fuel over-recovery position. In March 2021, Entergy Texas withdrew its application to implement the fuel refund. Entergy Texas is continuing to evaluate its fuel balance and will file a subsequent refund or surcharge application consistent with the requirements of the PUCT’s rules. 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 2020 Formula Rate Plan Filing As discussed in the Form 10-K, in December 2020, Entergy Arkansas filed a petition for rehearing of the APSC’s decision in the 2020 formula rate plan proceeding regarding the 2019 netting adjustment, and in January 2021 the APSC granted further consideration of Entergy Arkansas’s petition. Based on the progress of the proceeding to date, in December 2020, Entergy Arkansas recorded a regulatory liability of $43.5 million to reflect the netting adjustment for 2019, as included in the APSC’s December 2020 order, which would be returned to customers in 2021. Entergy Arkansas also requested an extension of the formula rate plan rider for a second five- year term. In March 2021 the Arkansas Governor signed HB1662 into law (Act 404). Act 404 clarified aspects of the original formula rate plan legislation enacted in 2015, including with respect to the extension of a formula rate plan, the methodology for the netting adjustment, and debt and equity levels; it also reaffirmed the customer protections of the original formula rate plan legislation, including the cap on annual formula rate plan rate changes. Pursuant to Act 404, Entergy Arkansas’s formula rate plan rider is extended for a second five-year term. Entergy Arkansas filed a compliance tariff in its formula rate plan docket in April 2021 to effectuate the netting provisions of Act 404, which reflected a net change in required formula rate plan rider revenue of $39.8 million, effective with the first billing cycle of May 2021. In April 2021 the APSC issued an order approving the compliance tariff and recognizing the formula rate plan extension. Also in April 2021, Entergy Arkansas filed for approval of modifications to the formula rate plan tariff incorporating the provisions in Act 404, and the APSC approved the tariff modifications in April 2021. Given the APSC general staff’s support for the expedited approval of these filings by the APSC, Entergy Arkansas supported an amendment to Act 404 to achieve a reduced return on equity from 9.75% to 9.65% to apply for years applicable to the extension term; that amendment was signed by the Arkansas Governor in April 2021 and is now Act 894. Based on the APSC’s order issued in April 2021, in the first quarter 2021, Entergy Arkansas reversed the remaining regulatory liability for the netting adjustment for 2019. In June 2021, Entergy Arkansas filed another compliance tariff in its formula rate plan proceeding to effectuate the additional provisions of Act 894, and the APSC approved the second compliance tariff filing in July 2021. 2021 Formula Rate Plan Filing In July 2021, Entergy Arkansas filed with the APSC its 2021 formula rate plan filing to set its formula rate for the 2022 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2022 and a netting adjustment for the historical year 2020. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2022 projected year is 7.65% resulting in a revenue deficiency of $89.2 million. The earned rate of return on common equity for the 2020 historical year was 7.92% resulting in a $19.4 million netting adjustment. The total proposed revenue change for the 2022 projected year and 2020 historical year netting adjustment is $108.7 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 $72.4 million. In October 2021, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $82.2 million, including a $62.8 million increase for the projected 2022 year and a $19.4 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $72.1 million. Also in October 2021 the APSC issued an order canceling the evidentiary hearing, accepting all filed testimony and exhibits into the record, and excusing all witnesses. The APSC will rule on the settlement agreement at a later date. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In March 2021 the APSC issued an order confirming the lifting of the moratorium on service disconnects effective in May 2021. In August 2021 the APSC general staff filed a report recommending that utilities with a formula rate plan discontinue capturing any additional direct costs and savings as a regulatory asset and seek cost recovery through the formula rate plan. The APSC general staff further recommended that uncollectible amounts should be determined as of the end of its write-off period, approximately December 2021, and recovered in the next formula rate plan filing over one year. In November 2021 the APSC found the APSC general staff’s recommendation to be premature and asked utilities to report on the continued need for a regulatory asset. As of September 30, 2021, Entergy Arkansas had a regulatory asset of $24.5 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in June 2018, Entergy Louisiana filed its formula rate plan evaluation report for its 2017 calendar year operations, and filed a supplemental formula rate plan evaluation report in August 2018. In accordance with the terms of the formula rate plan, in September 2018 the LPSC staff and intervenors submitted their responses to Entergy Louisiana’s original formula rate plan evaluation report and supplemental compliance updates. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2017 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objections/reservations pertaining to Entergy Louisiana’s proposed rate adjustments associated with the return of excess accumulated deferred income taxes pursuant to the Tax Cuts and Jobs Act and the treatment of accumulated deferred income taxes related to reductions of rate base, specifically how the accumulated deferred income taxes associated with uncertain tax positions have been accounted for, and test year expenses billed from Entergy Services to Entergy Louisiana. The LPSC staff further reserved its rights for future proceedings and to dispute future proposed adjustments to the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. As also discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). In February 2021 the LPSC staff filed testimony that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. The LPSC staff further recommended that the LPSC consider monitoring the remaining $3.1 million that was estimated to be incurred for completion of the project in the event the final costs exceed the estimated amounts. In July 2021 the LPSC approved a settlement between the LPSC staff and Entergy Louisiana finding that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. 2018 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed its formula rate plan evaluation report for its 2018 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2018 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objection/reservation pertaining to test year expenses billed from Entergy Services to Entergy Louisiana and outstanding issues from the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. 2019 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2019 test year formula rate plan filing. In its letter, the LPSC staff disputes Entergy Louisiana’s exclusion of approximately $251 thousand of interest income allocated from Entergy Operations and Entergy Services to Entergy Louisiana to the extent that there are other adjustments that would move Entergy Louisiana out of the formula rate plan deadband. The LPSC staff reserved the right to further contest the issue in future proceedings. The LPSC staff further reserved outstanding issues from the 2017 and 2018 formula rate plan evaluation reports and withdrew all other remaining objections/reservations. Request for Extension and Modification of Formula Rate Plan As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. The parties reached a settlement in April 2021 regarding Entergy Louisiana’s proposed FRP extension. In May 2021 the LPSC approved the uncontested settlement. Key terms of the settlement include: a three year term (test years 2020, 2021, and 2022) covering a rate-effective period of September 2021 through August 2024; a 9.50% return on equity, with a smaller, 50 basis point deadband above and below (9.0%-10.0%); elimination of sharing if earnings are outside the deadband; a $63 million rate increase for test year 2020 (exclusive of riders); continuation of existing riders (transmission, additional capacity, etc.); addition of a distribution recovery mechanism permitting $225 million per year of distribution investment above a baseline level to be recovered dollar for dollar; modification of the tax mechanism to allow timely rate changes in the event the federal corporate income tax rate is changed from 21%; a cumulative rate increase limit of $70 million (exclusive of riders) for test years 2021 and 2022; and deferral of up to $7 million per year in 2021 and 2022 of expenditures on vegetation management for outside of right of way hazard trees. 2020 Formula Rate Plan Filing In June 2021, Entergy Louisiana filed its formula rate plan evaluation report for its 2020 calendar year operations. The 2020 test year evaluation report produced an earned return on common equity of 8.45%, with a base formula rate plan revenue increase of $63 million. Certain reductions in formula rate plan revenue driven by lower sales volumes, reductions in capacity cost and net MISO cost, and higher credits resulting from the Tax Cuts and Jobs Act offset the base formula rate plan revenue increase, leading to a net increase in formula rate plan revenue of $50.7 million. The report also included multiple new adjustments to account for, among other things, the calculation of distribution recovery mechanism revenues. The effects of the changes to total formula rate plan revenue are different for each legacy company, primarily due to differences in the legacy companies’ capacity cost changes, including the effect of true-ups. Legacy Entergy Louisiana formula rate plan revenues will increase by $27 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $23.7 million. Subject to refund and LPSC review, the resulting changes became effective for bills rendered during the first billing cycle of September 2021. Discovery commenced in the proceeding. In August 2021, Entergy Louisiana submitted an update to its evaluation report to account for various changes. Relative to the June 2021 filing, the total formula rate plan revenue increased by $14.2 million to an updated total of $64.9 million. Legacy Entergy Louisiana formula rate plan revenues will increase by $32.8 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $32.1 million. The results of the 2020 test year evaluation report bandwidth calculation were unchanged as there was no change in the earned return on common equity of 8.45%. In September 2021 the LPSC staff filed a letter with a general statement of objections/reservations because it had not completed its review, and indicated it would update the letter once its review was complete. Should the parties be unable to resolve any objections, those issues will be set for hearing, with recovery of the associated costs subject to refund. 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 addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was approved through the first billing cycle after July 16, 2020. In January 2021, Entergy Louisiana resumed disconnections for customers in all customer classes with past-due balances that have not made payment arrangements. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of September 30, 2021, Entergy Louisiana had a regulatory asset of $59.2 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) 2021 Formula Rate Plan Filing In March 2021, Entergy Mississippi submitted its formula rate plan 2021 test year filing and 2020 look-back filing showing Entergy Mississippi’s earned return for the historical 2020 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2021 calendar year to be below the formula rate plan bandwidth. The 2021 test year filing shows a $95.4 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.69% return on rate base, within the formula rate plan bandwidth. The change in formula rate plan revenues, however, is capped at 4% of retail revenues, which equates to a revenue change of $44.3 million. The 2021 evaluation report also includes $3.9 million in demand side management costs for which the MPSC approved realignment of recovery from the energy efficiency rider to the formula rate plan. These costs are not subject to the 4% cap and result in a total change in formula rate plan revenues of $48.2 million. The 2020 look-back filing compares actual 2020 results to the approved benchmark return on rate base and reflects the need for a $16.8 million interim increase in formula rate plan revenues. In addition, the 2020 look-back filing includes an interim capacity adjustment true-up for the Choctaw Generating Station, which increases the look-back interim rate adjustment by $1.7 million. T hese interim rate adjustments total $18.5 million. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $22.1 million interim rate increase, reflecting a cap equal to 2% of 2020 retail revenues, effective with the April 2021 billing cycle, subject to refund, pending a final MPSC order. The $3.9 million of demand side management costs and the Choctaw Generating Station true-up of $1.7 million, which are not subject to the 2% cap of 2020 retail revenues, were included in the April 2021 rate adjustments. In June 2021, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2021 test year filing that resulted in a total rate increase of $48.2 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2020 look-back filing reflected an earned return on rate base of 6.12% in calendar year 2020, which is below the look-back bandwidth, resulting in a $17.5 million increase in formula rate plan revenues on an interim basis through May 2021. This includes $1.7 million related to the Choctaw Generating Station and $3.7 million of COVID-19 non-bad debt expenses. See “ COVID-19 Orders ” below for additional discussion of provisions of the joint stipulation related to COVID-19 expenses. In June 2021 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2021. In June 2021, Entergy Mississippi recorded regulatory credits of $19.9 million to reflect the effects of the joint stipulation. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 pandemic compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. In December 2020, Entergy Mississippi resumed disconnections for commercial, industrial, and governmental customers with past-due balances that have not made payment arrangements. In January 2021, Entergy Mississippi resumed disconnecting service for residential customers with past-due balances that have not made payment arrangements. Pursuant to the June 2021 MPSC order approving Entergy Mississippi’s 2021 formula rate plan filing, Entergy Mississippi stopped deferring COVID-19 non-bad debt expenses effective December 31, 2020 and will include those expenses in the look-back filing for the 2021 formula rate plan test year. In the order, the MPSC also adopted Entergy Mississippi’s quantification and methodology for calculating COVID-19 incremental bad debt expenses and authorized Entergy Mississippi to continue deferring these bad debt expenses through December 2021. As of September 30, 2021, Entergy Mississippi had a regulatory asset of $18.2 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) 2021 Formula Rate Plan Filing In July 2021, Entergy New Orleans submitted to the City Council its formula rate plan 2020 test year filing. The 2020 test year evaluation report produced an earned return on equity of 6.26% compared to the authorized return on equity of 9.35%. Entergy New Orleans sought approval of a $64 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula resulted in an increase in authorized electric revenues of $40 million and an increase in authorized gas revenues of $18.8 million. Entergy New Orleans also sought to commence collecting $5.2 million in electric revenues and $0.3 million in gas 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, followed by a 25-day period to resolve any disputes among the parties. Resulting rates will be effective with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. In October 2021 the City Council’s advisors filed a 75-day report recommending a reduction of $10 million for electric revenues and a reduction of $4.5 million for gas revenues, along with one-time credits funded by certain electric regulatory liabilities currently held by Entergy New Orleans for customers. Other parties filed reports arguing that no rate should be implemented until the completion of a management audit of Entergy New Orleans. On October 26, 2021, Entergy New Orleans provided notice to the City Council that it intends to implement rates effective with the first billing cycle of November 2021, with such rates reflecting an amount agreed-upon by Entergy New Orleans including adjustments filed in the City Council’s 75-day report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented will be $49.5 million, with an increase of $34.9 million in electric revenues and $14.6 million in gas revenues. Also, credits of $17.4 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over a five-month period from November 2021 through March 2022. Resulting rates went into effect with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. COVID-19 Orders As discussed in the Form 10-K, in June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding and approximately $15 million of non-securitized storm reserves to fund this program, which was intended to provide temporary bill relief to customers who became unemployed during the COVID-19 pandemic. The program was effective from July 1, 2020 through December 31, 2020 and offered qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. Credits of $4.3 million were applied to customer bills under the City Council Cares Program. Additionally, as discussed in the Form 10-K, in February 2021 the City Council adopted a resolution suspending residential customer disconnections for non-payment of utility bills and suspending the assessment and accumulation of late fees on residential customers with past-due balances through May 15, 2021, which was not extended by the City Council. As of September 30, 2021, Entergy New Orleans had a regulatory asset of $12.7 million for costs associated with the COVID-19 pandemic. Filings with the PUCT and Texas Cities (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s then-effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. In February 2021 the ALJ with the State Office of Administrative Hearings approved Entergy Texas’s agreed motion for interim rates, which went into effect in March 2021. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested DCRF revenue requirement and resolving all issues in the proceeding. In May 2021 the PUCT issued an order approving the settlement. In August 2021, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $40.2 million annually, or $13.9 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between September 1, 2020 and June 30, 2021. A procedural schedule was established with a hearing scheduled in December 2021. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s then-effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested TCRF revenue requirement with interim rates effective March 2021 and resolving all issues in the proceeding. In M
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. Hurricane Ida In August 2021, Hurricane Ida caused extensive damage to the Entergy distribution and transmission systems across Louisiana resulting in widespread power outages. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Ida are currently estimated to be in the range of $2.1 billion to $2.5 billion. Most of the storm costs were incurred by Entergy Louisiana and Entergy New Orleans. Also, Utility revenues in 2021 were adversely affected by extended power outages resulting from the hurricane. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded corresponding regulatory assets of approximately $850 million, including $800 million at Entergy Louisiana and $45 million at Entergy New Orleans, and construction work in progress of approximately $1.3 billion, including $1.2 billion at Entergy Louisiana and $75 million at Entergy New Orleans. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment of such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well-established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Entergy is considering all available avenues to recover storm-related costs from Hurricane Ida, including federal government assistance and securitization financing. In September 2021, Entergy Louisiana filed an application at the LPSC seeking approval of certain ratemaking adjustments to facilitate issuance of approximately $1 billion of shorter-term bonds to provide interim financing for restoration costs associated with Hurricane Ida, which bonds were issued in October 2021. Also in September 2021, as discussed below in “ Storm Cost Filings with Retail Regulators - Entergy Louisiana - Hurricane Laura, Hurricane Delta, Hurricane Zeta, Winter Storm Uri, and Hurricane Ida ,” Entergy Louisiana sought approval for the creation and funding of a $1 billion restricted escrow account for Hurricane Ida restoration costs, subject to a subsequent prudence review. In September 2021, Entergy New Orleans withdrew $39 million from its funded storm reserves. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider As discussed in the Form 10-K, in January 2014, Entergy Arkansas filed a motion with the APSC relating to its energy cost rate redetermination filing that was made in March 2014. In that motion, Entergy Arkansas requested that the APSC authorize Entergy Arkansas to exclude from the redetermination of its 2014 energy cost rate $65.9 million of incremental fuel and replacement energy costs incurred in 2013 as a result of the ANO stator incident. Entergy Arkansas requested that the APSC authorize Entergy Arkansas to retain that amount in its deferred fuel balance, with recovery to be reviewed in a later period after more information was available regarding various claims associated with the ANO stator incident. In February 2014 the APSC approved Entergy Arkansas’s request to retain that amount in its deferred fuel balance. In July 2017, Entergy Arkansas filed for a change in rates pursuant to its formula rate plan rider. In that proceeding, the APSC approved a settlement agreement agreed upon by the parties, including a provision that requires Entergy Arkansas to initiate a regulatory proceeding for the purpose of recovering funds currently withheld from rates and related to the stator incident, including the $65.9 million of deferred fuel and purchased energy costs previously noted, subject to certain timelines and conditions set forth in the settlement agreement. In October 2021 the APSC approved Entergy Arkansas’s request to extend the deadline for initiating a regulatory proceeding for the purpose of recovering funds related to the stator incident for twelve additional months, or until December 1, 2022. See the “ ANO Damage, Outage, and NRC Reviews ” section in Note 8 to the financial statements in the Form 10-K for further discussion of the ANO stator incident. In March 2021, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01052 per kWh to $0.00959 per kWh. The redetermined rate calculation also included an adjustment to account for a portion of the increased fuel costs resulting from the February 2021 winter storms. The redetermined rate became effective with the first billing cycle in April 2021 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. In September 2021 the LPSC submitted its audit report and found that all costs recovered through the fuel adjustment clause were reasonable and eligible for recovery through the fuel adjustment clause. The report did contain prospective recommendations on internal informational reporting. In February 2021, Entergy Louisiana incurred extraordinary fuel costs associated with the February 2021 winter storms. To mitigate the effect of these costs on customer bills, in March 2021 Entergy Louisiana requested and the LPSC approved the deferral and recovery of $166 million in incremental fuel costs over five months beginning in April 2021. The incremental fuel costs remain subject to review for reasonableness and eligibility for recovery through the fuel adjustment clause mechanism. The final amount of incremental fuel costs is subject to change through the resettlement process. At its April 2021 meeting, the LPSC authorized its staff to review the prudence of the February 2021 fuel costs incurred by all LPSC-jurisdictional utilities. At its June 2021 meeting, the LPSC approved the hiring of consultants to assist its staff in this review. Discovery is ongoing. In March 2021 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings covering the period January 2018 through December 2020. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for that period. Discovery is ongoing, and no audit report has been filed. Entergy Texas In February 2021, Entergy Texas filed an application to implement a fuel refund for a cumulative over-recovery of approximately $75 million that is primarily attributable to settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas planned to issue the refund over the period of March through August 2021. On February 22, 2021, Entergy Texas filed a motion to abate its fuel refund proceeding to assess how the February 2021 winter storm impacted Entergy Texas’s fuel over-recovery position. In March 2021, Entergy Texas withdrew its application to implement the fuel refund. Entergy Texas is continuing to evaluate its fuel balance and will file a subsequent refund or surcharge application consistent with the requirements of the PUCT’s rules. 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 2020 Formula Rate Plan Filing As discussed in the Form 10-K, in December 2020, Entergy Arkansas filed a petition for rehearing of the APSC’s decision in the 2020 formula rate plan proceeding regarding the 2019 netting adjustment, and in January 2021 the APSC granted further consideration of Entergy Arkansas’s petition. Based on the progress of the proceeding to date, in December 2020, Entergy Arkansas recorded a regulatory liability of $43.5 million to reflect the netting adjustment for 2019, as included in the APSC’s December 2020 order, which would be returned to customers in 2021. Entergy Arkansas also requested an extension of the formula rate plan rider for a second five- year term. In March 2021 the Arkansas Governor signed HB1662 into law (Act 404). Act 404 clarified aspects of the original formula rate plan legislation enacted in 2015, including with respect to the extension of a formula rate plan, the methodology for the netting adjustment, and debt and equity levels; it also reaffirmed the customer protections of the original formula rate plan legislation, including the cap on annual formula rate plan rate changes. Pursuant to Act 404, Entergy Arkansas’s formula rate plan rider is extended for a second five-year term. Entergy Arkansas filed a compliance tariff in its formula rate plan docket in April 2021 to effectuate the netting provisions of Act 404, which reflected a net change in required formula rate plan rider revenue of $39.8 million, effective with the first billing cycle of May 2021. In April 2021 the APSC issued an order approving the compliance tariff and recognizing the formula rate plan extension. Also in April 2021, Entergy Arkansas filed for approval of modifications to the formula rate plan tariff incorporating the provisions in Act 404, and the APSC approved the tariff modifications in April 2021. Given the APSC general staff’s support for the expedited approval of these filings by the APSC, Entergy Arkansas supported an amendment to Act 404 to achieve a reduced return on equity from 9.75% to 9.65% to apply for years applicable to the extension term; that amendment was signed by the Arkansas Governor in April 2021 and is now Act 894. Based on the APSC’s order issued in April 2021, in the first quarter 2021, Entergy Arkansas reversed the remaining regulatory liability for the netting adjustment for 2019. In June 2021, Entergy Arkansas filed another compliance tariff in its formula rate plan proceeding to effectuate the additional provisions of Act 894, and the APSC approved the second compliance tariff filing in July 2021. 2021 Formula Rate Plan Filing In July 2021, Entergy Arkansas filed with the APSC its 2021 formula rate plan filing to set its formula rate for the 2022 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2022 and a netting adjustment for the historical year 2020. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2022 projected year is 7.65% resulting in a revenue deficiency of $89.2 million. The earned rate of return on common equity for the 2020 historical year was 7.92% resulting in a $19.4 million netting adjustment. The total proposed revenue change for the 2022 projected year and 2020 historical year netting adjustment is $108.7 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 $72.4 million. In October 2021, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $82.2 million, including a $62.8 million increase for the projected 2022 year and a $19.4 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $72.1 million. Also in October 2021 the APSC issued an order canceling the evidentiary hearing, accepting all filed testimony and exhibits into the record, and excusing all witnesses. The APSC will rule on the settlement agreement at a later date. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. In March 2021 the APSC issued an order confirming the lifting of the moratorium on service disconnects effective in May 2021. In August 2021 the APSC general staff filed a report recommending that utilities with a formula rate plan discontinue capturing any additional direct costs and savings as a regulatory asset and seek cost recovery through the formula rate plan. The APSC general staff further recommended that uncollectible amounts should be determined as of the end of its write-off period, approximately December 2021, and recovered in the next formula rate plan filing over one year. In November 2021 the APSC found the APSC general staff’s recommendation to be premature and asked utilities to report on the continued need for a regulatory asset. As of September 30, 2021, Entergy Arkansas had a regulatory asset of $24.5 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in June 2018, Entergy Louisiana filed its formula rate plan evaluation report for its 2017 calendar year operations, and filed a supplemental formula rate plan evaluation report in August 2018. In accordance with the terms of the formula rate plan, in September 2018 the LPSC staff and intervenors submitted their responses to Entergy Louisiana’s original formula rate plan evaluation report and supplemental compliance updates. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2017 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objections/reservations pertaining to Entergy Louisiana’s proposed rate adjustments associated with the return of excess accumulated deferred income taxes pursuant to the Tax Cuts and Jobs Act and the treatment of accumulated deferred income taxes related to reductions of rate base, specifically how the accumulated deferred income taxes associated with uncertain tax positions have been accounted for, and test year expenses billed from Entergy Services to Entergy Louisiana. The LPSC staff further reserved its rights for future proceedings and to dispute future proposed adjustments to the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. As also discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). In February 2021 the LPSC staff filed testimony that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. The LPSC staff further recommended that the LPSC consider monitoring the remaining $3.1 million that was estimated to be incurred for completion of the project in the event the final costs exceed the estimated amounts. In July 2021 the LPSC approved a settlement between the LPSC staff and Entergy Louisiana finding that substantially all the costs to construct J. Wayne Leonard Power Station were prudently incurred and eligible for recovery from customers. 2018 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed its formula rate plan evaluation report for its 2018 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2018 test year formula rate plan evaluation report. In its letter, the LPSC staff reiterated its original objection/reservation pertaining to test year expenses billed from Entergy Services to Entergy Louisiana and outstanding issues from the 2017 test year formula rate plan evaluation report. The LPSC staff withdrew all other objections/reservations. 2019 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. In August 2021 the LPSC staff issued a letter updating its objections/reservations for the 2019 test year formula rate plan filing. In its letter, the LPSC staff disputes Entergy Louisiana’s exclusion of approximately $251 thousand of interest income allocated from Entergy Operations and Entergy Services to Entergy Louisiana to the extent that there are other adjustments that would move Entergy Louisiana out of the formula rate plan deadband. The LPSC staff reserved the right to further contest the issue in future proceedings. The LPSC staff further reserved outstanding issues from the 2017 and 2018 formula rate plan evaluation reports and withdrew all other remaining objections/reservations. Request for Extension and Modification of Formula Rate Plan As discussed in the Form 10-K, in May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. The parties reached a settlement in April 2021 regarding Entergy Louisiana’s proposed FRP extension. In May 2021 the LPSC approved the uncontested settlement. Key terms of the settlement include: a three year term (test years 2020, 2021, and 2022) covering a rate-effective period of September 2021 through August 2024; a 9.50% return on equity, with a smaller, 50 basis point deadband above and below (9.0%-10.0%); elimination of sharing if earnings are outside the deadband; a $63 million rate increase for test year 2020 (exclusive of riders); continuation of existing riders (transmission, additional capacity, etc.); addition of a distribution recovery mechanism permitting $225 million per year of distribution investment above a baseline level to be recovered dollar for dollar; modification of the tax mechanism to allow timely rate changes in the event the federal corporate income tax rate is changed from 21%; a cumulative rate increase limit of $70 million (exclusive of riders) for test years 2021 and 2022; and deferral of up to $7 million per year in 2021 and 2022 of expenditures on vegetation management for outside of right of way hazard trees. 2020 Formula Rate Plan Filing In June 2021, Entergy Louisiana filed its formula rate plan evaluation report for its 2020 calendar year operations. The 2020 test year evaluation report produced an earned return on common equity of 8.45%, with a base formula rate plan revenue increase of $63 million. Certain reductions in formula rate plan revenue driven by lower sales volumes, reductions in capacity cost and net MISO cost, and higher credits resulting from the Tax Cuts and Jobs Act offset the base formula rate plan revenue increase, leading to a net increase in formula rate plan revenue of $50.7 million. The report also included multiple new adjustments to account for, among other things, the calculation of distribution recovery mechanism revenues. The effects of the changes to total formula rate plan revenue are different for each legacy company, primarily due to differences in the legacy companies’ capacity cost changes, including the effect of true-ups. Legacy Entergy Louisiana formula rate plan revenues will increase by $27 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $23.7 million. Subject to refund and LPSC review, the resulting changes became effective for bills rendered during the first billing cycle of September 2021. Discovery commenced in the proceeding. In August 2021, Entergy Louisiana submitted an update to its evaluation report to account for various changes. Relative to the June 2021 filing, the total formula rate plan revenue increased by $14.2 million to an updated total of $64.9 million. Legacy Entergy Louisiana formula rate plan revenues will increase by $32.8 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $32.1 million. The results of the 2020 test year evaluation report bandwidth calculation were unchanged as there was no change in the earned return on common equity of 8.45%. In September 2021 the LPSC staff filed a letter with a general statement of objections/reservations because it had not completed its review, and indicated it would update the letter once its review was complete. Should the parties be unable to resolve any objections, those issues will be set for hearing, with recovery of the associated costs subject to refund. 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 addition, utilities may seek future recovery, subject to LPSC review and approval, of losses and expenses incurred due to compliance with the LPSC’s COVID-19 orders. The suspension of late fees and disconnects for non-payment was approved through the first billing cycle after July 16, 2020. In January 2021, Entergy Louisiana resumed disconnections for customers in all customer classes with past-due balances that have not made payment arrangements. Utilities seeking to recover the regulatory asset must formally petition the LPSC to do so, identifying the direct and indirect costs for which recovery is sought. Any such request is subject to LPSC review and approval. As of September 30, 2021, Entergy Louisiana had a regulatory asset of $59.2 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) 2021 Formula Rate Plan Filing In March 2021, Entergy Mississippi submitted its formula rate plan 2021 test year filing and 2020 look-back filing showing Entergy Mississippi’s earned return for the historical 2020 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2021 calendar year to be below the formula rate plan bandwidth. The 2021 test year filing shows a $95.4 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.69% return on rate base, within the formula rate plan bandwidth. The change in formula rate plan revenues, however, is capped at 4% of retail revenues, which equates to a revenue change of $44.3 million. The 2021 evaluation report also includes $3.9 million in demand side management costs for which the MPSC approved realignment of recovery from the energy efficiency rider to the formula rate plan. These costs are not subject to the 4% cap and result in a total change in formula rate plan revenues of $48.2 million. The 2020 look-back filing compares actual 2020 results to the approved benchmark return on rate base and reflects the need for a $16.8 million interim increase in formula rate plan revenues. In addition, the 2020 look-back filing includes an interim capacity adjustment true-up for the Choctaw Generating Station, which increases the look-back interim rate adjustment by $1.7 million. T hese interim rate adjustments total $18.5 million. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $22.1 million interim rate increase, reflecting a cap equal to 2% of 2020 retail revenues, effective with the April 2021 billing cycle, subject to refund, pending a final MPSC order. The $3.9 million of demand side management costs and the Choctaw Generating Station true-up of $1.7 million, which are not subject to the 2% cap of 2020 retail revenues, were included in the April 2021 rate adjustments. In June 2021, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2021 test year filing that resulted in a total rate increase of $48.2 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2020 look-back filing reflected an earned return on rate base of 6.12% in calendar year 2020, which is below the look-back bandwidth, resulting in a $17.5 million increase in formula rate plan revenues on an interim basis through May 2021. This includes $1.7 million related to the Choctaw Generating Station and $3.7 million of COVID-19 non-bad debt expenses. See “ COVID-19 Orders ” below for additional discussion of provisions of the joint stipulation related to COVID-19 expenses. In June 2021 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2021. In June 2021, Entergy Mississippi recorded regulatory credits of $19.9 million to reflect the effects of the joint stipulation. COVID-19 Orders As discussed in the Form 10-K, in April 2020 the MPSC issued an order authorizing utilities to defer incremental costs and expenses associated with COVID-19 pandemic compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. In December 2020, Entergy Mississippi resumed disconnections for commercial, industrial, and governmental customers with past-due balances that have not made payment arrangements. In January 2021, Entergy Mississippi resumed disconnecting service for residential customers with past-due balances that have not made payment arrangements. Pursuant to the June 2021 MPSC order approving Entergy Mississippi’s 2021 formula rate plan filing, Entergy Mississippi stopped deferring COVID-19 non-bad debt expenses effective December 31, 2020 and will include those expenses in the look-back filing for the 2021 formula rate plan test year. In the order, the MPSC also adopted Entergy Mississippi’s quantification and methodology for calculating COVID-19 incremental bad debt expenses and authorized Entergy Mississippi to continue deferring these bad debt expenses through December 2021. As of September 30, 2021, Entergy Mississippi had a regulatory asset of $18.2 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) 2021 Formula Rate Plan Filing In July 2021, Entergy New Orleans submitted to the City Council its formula rate plan 2020 test year filing. The 2020 test year evaluation report produced an earned return on equity of 6.26% compared to the authorized return on equity of 9.35%. Entergy New Orleans sought approval of a $64 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula resulted in an increase in authorized electric revenues of $40 million and an increase in authorized gas revenues of $18.8 million. Entergy New Orleans also sought to commence collecting $5.2 million in electric revenues and $0.3 million in gas 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, followed by a 25-day period to resolve any disputes among the parties. Resulting rates will be effective with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. In October 2021 the City Council’s advisors filed a 75-day report recommending a reduction of $10 million for electric revenues and a reduction of $4.5 million for gas revenues, along with one-time credits funded by certain electric regulatory liabilities currently held by Entergy New Orleans for customers. Other parties filed reports arguing that no rate should be implemented until the completion of a management audit of Entergy New Orleans. On October 26, 2021, Entergy New Orleans provided notice to the City Council that it intends to implement rates effective with the first billing cycle of November 2021, with such rates reflecting an amount agreed-upon by Entergy New Orleans including adjustments filed in the City Council’s 75-day report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented will be $49.5 million, with an increase of $34.9 million in electric revenues and $14.6 million in gas revenues. Also, credits of $17.4 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over a five-month period from November 2021 through March 2022. Resulting rates went into effect with the first billing cycle of November 2021 pursuant to the formula rate plan tariff. COVID-19 Orders As discussed in the Form 10-K, in June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding and approximately $15 million of non-securitized storm reserves to fund this program, which was intended to provide temporary bill relief to customers who became unemployed during the COVID-19 pandemic. The program was effective from July 1, 2020 through December 31, 2020 and offered qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. Credits of $4.3 million were applied to customer bills under the City Council Cares Program. Additionally, as discussed in the Form 10-K, in February 2021 the City Council adopted a resolution suspending residential customer disconnections for non-payment of utility bills and suspending the assessment and accumulation of late fees on residential customers with past-due balances through May 15, 2021, which was not extended by the City Council. As of September 30, 2021, Entergy New Orleans had a regulatory asset of $12.7 million for costs associated with the COVID-19 pandemic. Filings with the PUCT and Texas Cities (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s then-effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. In February 2021 the ALJ with the State Office of Administrative Hearings approved Entergy Texas’s agreed motion for interim rates, which went into effect in March 2021. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested DCRF revenue requirement and resolving all issues in the proceeding. In May 2021 the PUCT issued an order approving the settlement. In August 2021, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $40.2 million annually, or $13.9 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between September 1, 2020 and June 30, 2021. A procedural schedule was established with a hearing scheduled in December 2021. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s then-effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. In March 2021 the parties filed an unopposed settlement recommending that Entergy Texas be allowed to collect its full requested TCRF revenue requirement with interim rates effective March 2021 and resolving all issues in the proceeding. In M

Equity

Equity	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 2020 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $531.0 201.0 $2.64 $521.1 200.2 $2.60 Average dilutive effect of: Stock options 0.4 — 0.4 — Other equity plans 0.6 (0.01) 0.5 (0.01) Diluted earnings per share $531.0 202.0 $2.63 $521.1 201.1 $2.59 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 1.0 million for the three months ended September 30, 2021 and approximately 0.5 million for the three months ended September 30, 2020. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Nine Months Ended September 30, 2021 2020 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $859.6 200.8 $4.28 $1,000.4 200.1 $5.00 Average dilutive effect of: Stock options 0.4 (0.01) 0.4 (0.01) Other equity plans 0.4 (0.01) 0.5 (0.01) Diluted earnings per share $859.6 201.6 $4.26 $1,000.4 201.0 $4.98 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 1.0 million for the nine months ended September 30, 2021 and approximately 0.5 million for the nine months ended September 30, 2020. Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K. Dividends declared per common share were $0.95 for the three months ended September 30, 2021 and $0.93 for the three months ended September 30, 2020. Dividends declared per common share were $2.85 for the nine months ended September 30, 2021 and $2.79 for the nine months ended September 30, 2020. 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 $1 billion. For the three months ended September 30, 2021, there were no shares of common stock issued under the at the market equity distribution program. During the nine months ended September 30, 2021, Entergy Corporation issued 265,468 shares of common stock under the at the market equity distribution program. The net sales proceeds from these shares totaled $26.8 million, which includes the gross sales price of $28.2 million received by Entergy Corporation less $1.1 million of general issuance costs and $0.3 million of aggregate compensation to the agents with respect to such sales. In June 2021, Entergy entered into a forward sale agreement for 416,853 shares of common stock. No amounts have or will be recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the equity forward sale agreement occur. The forward sale agreement requires Entergy to, at its election prior to September 30, 2022, either (i) physically settle the transactions by issuing the total of 416,853 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 $106.87 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 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 agreement, the forward seller, or its affiliates, borrowed from third parties and sold 416,853 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled $45 million. In connection with the sales of these shares, Entergy paid to the agents fees of $0.5 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. In August and October 2021, Entergy entered into forward sale agreements for 1,692,555 and 250,743 shares of common stock, respectively. No amounts have or will be recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the equity forward sale agreements occur. In each case, the forward sale agreement requires Entergy to, at its election prior to September 30, 2022, either (i) physically settle the transactions by issuing the total of 1,692,555 and 250,743 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 respective forward sale agreement (initially approximately $111.16 and $100.35 per share, respectively) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The 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 respective forward sale agreement. In connection with the forward sale agreements, the forward seller, or its affiliates, borrowed from third parties and sold 1,692,555 and 250,743 shares, respectively, of Entergy Corporation’s common stock. The gross sales price of these shares totaled $190.1 million and $25.4 million, respectively. In connection with the sales of these shares, Entergy paid to the agents fees of $1.9 million and $0.3 million, respectively, which have not been deducted from the gross sales prices. Entergy did not receive any proceeds from such sales of borrowed shares. Until settlement of the forward sale agreement, earnings per share dilution resulting from the agreement, 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 three and nine months ended September 30, 2021, shares under the forward sale agreement were not included in the calculation of diluted common shares outstanding because their effect would have been antidilutive. Treasury Stock During the nine months ended September 30, 2021, Entergy Corporation issued 465,135 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 nine months ended September 30, 2021. Retained Earnings On October 29, 2021, Entergy Corporation’s Board of Directors declared a common stock dividend of $1.01 per share, payable on December 1, 2021, to holders of record as of November 15, 2021. 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 September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2021 ($1,083) ($489,511) $11,855 ($478,739) Other comprehensive income (loss) before reclassifications (14) — (2,173) (2,187) Amounts reclassified from accumulated other comprehensive income (loss) 38 8,838 11 8,887 Net other comprehensive income (loss) for the period 24 8,838 (2,162) 6,700 Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2020 $37,090 ($485,949) $60,255 ($388,604) Other comprehensive income (loss) before reclassifications (4,964) — 181 (4,783) Amounts reclassified from accumulated other comprehensive income (loss) (11,594) 17,437 (2,876) 2,967 Net other comprehensive income (loss) for the period (16,558) 17,437 (2,695) (1,816) Ending balance, September 30, 2020 $20,532 ($468,512) $57,560 ($390,420) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2021 $28,719 ($534,576) $56,650 ($449,207) Other comprehensive income (loss) before reclassifications 1,454 — (46,826) (45,372) Amounts reclassified from accumulated other comprehensive income (loss) (31,232) 53,903 (131) 22,540 Net other comprehensive income (loss) for the period (29,778) 53,903 (46,957) (22,832) Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2020 $84,206 ($557,072) $25,946 ($446,920) Other comprehensive income (loss) before reclassifications 42,256 34,349 40,439 117,044 Amounts reclassified from accumulated other comprehensive income (loss) (105,930) 54,211 (8,825) (60,544) Net other comprehensive income (loss) for the period (63,674) 88,560 31,614 56,500 Ending balance, September 30, 2020 $20,532 ($468,512) $57,560 ($390,420) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended September 30, 2021 and 2020: Pension and Other 2021 2020 (In Thousands) Beginning balance, July 1, $4,508 $13,084 Amounts reclassified from accumulated other comprehensive income (loss) (131) (800) Net other comprehensive income (loss) for the period (131) (800) Ending balance, September 30, $4,377 $12,284 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the nine months ended September 30, 2021 and 2020: Pension and Other 2021 2020 (In Thousands) Beginning balance, January 1, $4,327 $4,562 Other comprehensive income (loss) before reclassifications — 10,050 Amounts reclassified from accumulated other comprehensive income (loss) 50 (2,328) Net other comprehensive income (loss) for the period 50 7,722 Ending balance, September 30, $4,377 $12,284 Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended September 30, 2021 and 2020 were as follows: Amounts reclassified Income Statement Location 2021 2020 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $— $14,724 Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges (48) 14,676 Income taxes 10 (3,082) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($38) $11,594 Pension and other postretirement liabilities Amortization of prior-service credit $5,248 $5,682 (a) Amortization of loss (13,490) (27,620) (a) Settlement loss (3,192) (196) (a) Total amortization (11,434) (22,134) Income taxes 2,596 4,697 Income taxes Total amortization (net of tax) ($8,838) ($17,437) Net unrealized investment gain (loss) Realized gain (loss) ($17) $4,550 Interest and investment income Income taxes 6 (1,674) Income taxes Total realized investment gain (loss) (net of tax) ($11) $2,876 Total reclassifications for the period (net of tax) ($8,887) ($2,967) (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 nine months ended September 30, 2021 and 2020 were as follows: Amounts reclassified Income Statement Location 2021 2020 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $39,679 $134,233 Competitive business operating revenues Interest rate swaps (145) (145) Miscellaneous - net Total realized gain (loss) on cash flow hedges 39,534 134,088 Income taxes (8,302) (28,158) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $31,232 $105,930 Pension and other postretirement liabilities Amortization of prior-service credit $15,744 $15,083 (a) Amortization of loss (75,553) (82,561) (a) Settlement loss (9,235) (196) (a) Total amortization (69,044) (67,674) Income taxes 15,141 13,463 Income taxes Total amortization (net of tax) ($53,903) ($54,211) Net unrealized investment gain (loss) Realized gain (loss) $207 $13,963 Interest and investment income Income taxes (76) (5,138) Income taxes Total realized investment gain (loss) (net of tax) $131 $8,825 Total reclassifications for the period (net of tax) ($22,540) $60,544 (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 September 30, 2021 and 2020 were as follows: Amounts reclassified Income Statement Location 2021 2020 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,230 $1,695 (a) Amortization of loss (519) (417) (a) Settlement loss (534) (196) (a) Total amortization 177 1,082 Income taxes (46) (282) Income taxes Total amortization (net of tax) 131 800 Total reclassifications for the period (net of tax) $131 $800 (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 nine months ended September 30, 2021 and 2020 were as follows: Amounts reclassified Income Statement Location 2021 2020 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $3,690 $4,479 (a) Amortization of loss (1,824) (1,137) (a) Settlement loss (1,934) (196) (a) Total amortization (68) 3,146 Income taxes 18 (818) Income taxes Total amortization (net of tax) (50) 2,328 Total reclassifications for the period (net of tax) ($50) $2,328 (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. Preferred Stock In May 2021, Entergy’s certificate of incorporation was amended and restated to provide authority to issue up to 1,000,000 shares of preferred stock, no par value per share, and to decrease from 500,000,000 to 499,000,000 the number of shares of common stock, par value of $0.01 per share, authorized for issuance. As of September 30, 2021, no preferred stock has been issued.
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 September 30, 2021 2020 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $531.0 201.0 $2.64 $521.1 200.2 $2.60 Average dilutive effect of: Stock options 0.4 — 0.4 — Other equity plans 0.6 (0.01) 0.5 (0.01) Diluted earnings per share $531.0 202.0 $2.63 $521.1 201.1 $2.59 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 1.0 million for the three months ended September 30, 2021 and approximately 0.5 million for the three months ended September 30, 2020. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Nine Months Ended September 30, 2021 2020 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $859.6 200.8 $4.28 $1,000.4 200.1 $5.00 Average dilutive effect of: Stock options 0.4 (0.01) 0.4 (0.01) Other equity plans 0.4 (0.01) 0.5 (0.01) Diluted earnings per share $859.6 201.6 $4.26 $1,000.4 201.0 $4.98 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 1.0 million for the nine months ended September 30, 2021 and approximately 0.5 million for the nine months ended September 30, 2020. Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K. Dividends declared per common share were $0.95 for the three months ended September 30, 2021 and $0.93 for the three months ended September 30, 2020. Dividends declared per common share were $2.85 for the nine months ended September 30, 2021 and $2.79 for the nine months ended September 30, 2020. 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 $1 billion. For the three months ended September 30, 2021, there were no shares of common stock issued under the at the market equity distribution program. During the nine months ended September 30, 2021, Entergy Corporation issued 265,468 shares of common stock under the at the market equity distribution program. The net sales proceeds from these shares totaled $26.8 million, which includes the gross sales price of $28.2 million received by Entergy Corporation less $1.1 million of general issuance costs and $0.3 million of aggregate compensation to the agents with respect to such sales. In June 2021, Entergy entered into a forward sale agreement for 416,853 shares of common stock. No amounts have or will be recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the equity forward sale agreement occur. The forward sale agreement requires Entergy to, at its election prior to September 30, 2022, either (i) physically settle the transactions by issuing the total of 416,853 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 $106.87 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 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 agreement, the forward seller, or its affiliates, borrowed from third parties and sold 416,853 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled $45 million. In connection with the sales of these shares, Entergy paid to the agents fees of $0.5 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. In August and October 2021, Entergy entered into forward sale agreements for 1,692,555 and 250,743 shares of common stock, respectively. No amounts have or will be recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the equity forward sale agreements occur. In each case, the forward sale agreement requires Entergy to, at its election prior to September 30, 2022, either (i) physically settle the transactions by issuing the total of 1,692,555 and 250,743 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 respective forward sale agreement (initially approximately $111.16 and $100.35 per share, respectively) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The 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 respective forward sale agreement. In connection with the forward sale agreements, the forward seller, or its affiliates, borrowed from third parties and sold 1,692,555 and 250,743 shares, respectively, of Entergy Corporation’s common stock. The gross sales price of these shares totaled $190.1 million and $25.4 million, respectively. In connection with the sales of these shares, Entergy paid to the agents fees of $1.9 million and $0.3 million, respectively, which have not been deducted from the gross sales prices. Entergy did not receive any proceeds from such sales of borrowed shares. Until settlement of the forward sale agreement, earnings per share dilution resulting from the agreement, 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 three and nine months ended September 30, 2021, shares under the forward sale agreement were not included in the calculation of diluted common shares outstanding because their effect would have been antidilutive. Treasury Stock During the nine months ended September 30, 2021, Entergy Corporation issued 465,135 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 nine months ended September 30, 2021. Retained Earnings On October 29, 2021, Entergy Corporation’s Board of Directors declared a common stock dividend of $1.01 per share, payable on December 1, 2021, to holders of record as of November 15, 2021. 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 September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2021 ($1,083) ($489,511) $11,855 ($478,739) Other comprehensive income (loss) before reclassifications (14) — (2,173) (2,187) Amounts reclassified from accumulated other comprehensive income (loss) 38 8,838 11 8,887 Net other comprehensive income (loss) for the period 24 8,838 (2,162) 6,700 Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2020 $37,090 ($485,949) $60,255 ($388,604) Other comprehensive income (loss) before reclassifications (4,964) — 181 (4,783) Amounts reclassified from accumulated other comprehensive income (loss) (11,594) 17,437 (2,876) 2,967 Net other comprehensive income (loss) for the period (16,558) 17,437 (2,695) (1,816) Ending balance, September 30, 2020 $20,532 ($468,512) $57,560 ($390,420) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2021 $28,719 ($534,576) $56,650 ($449,207) Other comprehensive income (loss) before reclassifications 1,454 — (46,826) (45,372) Amounts reclassified from accumulated other comprehensive income (loss) (31,232) 53,903 (131) 22,540 Net other comprehensive income (loss) for the period (29,778) 53,903 (46,957) (22,832) Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2020 $84,206 ($557,072) $25,946 ($446,920) Other comprehensive income (loss) before reclassifications 42,256 34,349 40,439 117,044 Amounts reclassified from accumulated other comprehensive income (loss) (105,930) 54,211 (8,825) (60,544) Net other comprehensive income (loss) for the period (63,674) 88,560 31,614 56,500 Ending balance, September 30, 2020 $20,532 ($468,512) $57,560 ($390,420) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended September 30, 2021 and 2020: Pension and Other 2021 2020 (In Thousands) Beginning balance, July 1, $4,508 $13,084 Amounts reclassified from accumulated other comprehensive income (loss) (131) (800) Net other comprehensive income (loss) for the period (131) (800) Ending balance, September 30, $4,377 $12,284 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the nine months ended September 30, 2021 and 2020: Pension and Other 2021 2020 (In Thousands) Beginning balance, January 1, $4,327 $4,562 Other comprehensive income (loss) before reclassifications — 10,050 Amounts reclassified from accumulated other comprehensive income (loss) 50 (2,328) Net other comprehensive income (loss) for the period 50 7,722 Ending balance, September 30, $4,377 $12,284 Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended September 30, 2021 and 2020 were as follows: Amounts reclassified Income Statement Location 2021 2020 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $— $14,724 Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges (48) 14,676 Income taxes 10 (3,082) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($38) $11,594 Pension and other postretirement liabilities Amortization of prior-service credit $5,248 $5,682 (a) Amortization of loss (13,490) (27,620) (a) Settlement loss (3,192) (196) (a) Total amortization (11,434) (22,134) Income taxes 2,596 4,697 Income taxes Total amortization (net of tax) ($8,838) ($17,437) Net unrealized investment gain (loss) Realized gain (loss) ($17) $4,550 Interest and investment income Income taxes 6 (1,674) Income taxes Total realized investment gain (loss) (net of tax) ($11) $2,876 Total reclassifications for the period (net of tax) ($8,887) ($2,967) (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 nine months ended September 30, 2021 and 2020 were as follows: Amounts reclassified Income Statement Location 2021 2020 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $39,679 $134,233 Competitive business operating revenues Interest rate swaps (145) (145) Miscellaneous - net Total realized gain (loss) on cash flow hedges 39,534 134,088 Income taxes (8,302) (28,158) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $31,232 $105,930 Pension and other postretirement liabilities Amortization of prior-service credit $15,744 $15,083 (a) Amortization of loss (75,553) (82,561) (a) Settlement loss (9,235) (196) (a) Total amortization (69,044) (67,674) Income taxes 15,141 13,463 Income taxes Total amortization (net of tax) ($53,903) ($54,211) Net unrealized investment gain (loss) Realized gain (loss) $207 $13,963 Interest and investment income Income taxes (76) (5,138) Income taxes Total realized investment gain (loss) (net of tax) $131 $8,825 Total reclassifications for the period (net of tax) ($22,540) $60,544 (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 September 30, 2021 and 2020 were as follows: Amounts reclassified Income Statement Location 2021 2020 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,230 $1,695 (a) Amortization of loss (519) (417) (a) Settlement loss (534) (196) (a) Total amortization 177 1,082 Income taxes (46) (282) Income taxes Total amortization (net of tax) 131 800 Total reclassifications for the period (net of tax) $131 $800 (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 nine months ended September 30, 2021 and 2020 were as follows: Amounts reclassified Income Statement Location 2021 2020 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $3,690 $4,479 (a) Amortization of loss (1,824) (1,137) (a) Settlement loss (1,934) (196) (a) Total amortization (68) 3,146 Income taxes 18 (818) Income taxes Total amortization (net of tax) (50) 2,328 Total reclassifications for the period (net of tax) ($50) $2,328 (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. Preferred Stock In May 2021, Entergy’s certificate of incorporation was amended and restated to provide authority to issue up to 1,000,000 shares of preferred stock, no par value per share, and to decrease from 500,000,000 to 499,000,000 the number of shares of common stock, par value of $0.01 per share, authorized for issuance. As of September 30, 2021, no preferred stock has been issued.

Revolving Credit Facilities, Li

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	9 Months Ended
	Sep. 30, 2021
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	NOTE 4. 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 2026. 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 nine months ended September 30, 2021 was 1.60% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2021. Capacity Borrowings Letters Capacity (In Millions) $3,500 $325 $6 $3,169 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) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2021, Entergy Corporation had approximately $1,006 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2021 was 0.30%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2021 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2022 $25 million (b) 2.75% $— $— Entergy Arkansas June 2026 $150 million (c) 1.21% $— $— Entergy Louisiana June 2026 $350 million (c) 1.33% $— $— Entergy Mississippi April 2022 $37.5 million (d) 1.58% $— $— Entergy Mississippi April 2022 $35 million (d) 1.58% $— $— Entergy Mississippi April 2022 $10 million (d) 1.58% $— $— Entergy New Orleans June 2024 $25 million (c) 1.71% $25 million $— Entergy Texas June 2026 $150 million (c) 1.58% $— $1.3 million (a) If no borrowings were outstanding, the interest rate is the estimated interest rate as of September 30, 2021 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the 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 Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount. 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 one or more uncommitted standby letter of credit facilities primarily 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 September 30, 2021: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $2 million Entergy Louisiana $125 million 0.78% $6.8 million Entergy Mississippi $65 million 0.78% $2.3 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $12 million (a) As of September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2021, in addition to the $2.3 million MISO letter of credit, Entergy Mississippi has $1 million of 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. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 inter-company 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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 2022. The commitment fee is currently 0.20% of the undrawn commitment amount. As of September 30, 2021, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2021 was 1.69% on the drawn portion of the facility. See Note 14 to the financial statements in the Form 10-K for discussion of the transfer of Entergy Nuclear Vermont Yankee to NorthStar. 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 have commercial paper programs in place. Following is a summary as of September 30, 2021: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2024 $80 1.20% $5.3 Entergy Louisiana River Bend VIE June 2024 $105 1.17% $53.2 Entergy Louisiana Waterford VIE June 2024 $105 1.18% $49.3 System Energy VIE June 2024 $120 1.18% $40.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity 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. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2021 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 variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Entergy Arkansas, Entergy Louisiana, and System Energy each have obtained financing authorizations from the FERC that extend through July 14, 2022 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In March 2021, Entergy Corporation issued $650 million of 1.90% Series senior notes due June 2028 and $650 million of 2.40% Series senior notes due June 2031. Entergy Corporation used the proceeds to repay a portion of its outstanding commercial paper and for general corporate purposes. (Entergy Arkansas) In March 2021, Entergy Arkansas issued $400 million of 3.35% Series mortgage bonds due June 2052. Entergy Arkansas expects to use, or has used, the proceeds, together with other funds, to finance in part the purchase of the Searcy Solar Facility, to repay a portion of the debt outstanding under its $150 million long-term revolving credit facility, to repay a portion of the debt outstanding under its $25 million short-term revolving credit facility, and for general corporate purposes. (Entergy Louisiana) In March 2021, Entergy Louisiana issued $500 million of 2.35% Series mortgage bonds due June 2032 and $500 million of 3.10% Series mortgage bonds due June 2041. Entergy Louisiana used the proceeds, together with other funds, to repay at maturity, its $200 million of 4.80% Series mortgage bonds due May 2021, to finance, on an interim basis, storm restoration costs related to Hurricane Laura, Hurricane Delta, Hurricane Zeta, and the winter storms of February 2021, and for general corporate purposes. In April 2021, Entergy Louisiana arranged for the issuance by the Louisiana Local Government Environmental Facilities and Community Development Authority of (i) $16.2 million of 2.00% pollution control revenue bonds Series 2021A due June 2030, and (ii) $182.48 million of 2.50% pollution control revenue bonds Series 2021B due April 2036, each of which series is evidenced by a separate series of collateral trust mortgage bonds of Entergy Louisiana. A portion of the proceeds were applied in April 2021 to the refunding of $83.68 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. The remainder of the proceeds were applied in June 2021 to the refunding of $115 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. In October 2021, Entergy Louisiana issued $1 billion of 0.95% Series mortgage bonds due October 2024. Entergy Louisiana expects to use the proceeds, together with other funds, to finance, on an interim basis, storm restoration costs related to Hurricane Ida. (Entergy Mississippi) In March 2021, Entergy Mississippi issued $200 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds, together with other funds, to repay a portion of the debt outstanding under its three short-term revolving credit facilities with an aggregate commitment of $82.5 million and for general corporate purposes. (Entergy Texas) In May 2021, Entergy Texas redeemed $125 million of 2.55% Series mortgage bonds due June 2021. In August 2021, Entergy Texas issued $130 million of 1.50% Series mortgage bonds due September 2026. Entergy Texas used the proceeds to repay at maturity its $75 million of 4.10% Series mortgage bonds due September 2021, and for general corporate purposes. (System Energy) In June 2021, System Energy arranged for the issuance by the Mississippi Business Finance Corporation of $83.695 million of 2.375% revenue bonds (System Energy Resources, Inc. Project) Series 2021 due June 2044, which are evidenced by a series of System Energy first mortgage bonds. System Energy used the proceeds, together with other funds, to refund $83.695 million of outstanding revenue bonds. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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	NOTE 4. 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 2026. 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 nine months ended September 30, 2021 was 1.60% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2021. Capacity Borrowings Letters Capacity (In Millions) $3,500 $325 $6 $3,169 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) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2021, Entergy Corporation had approximately $1,006 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2021 was 0.30%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2021 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2022 $25 million (b) 2.75% $— $— Entergy Arkansas June 2026 $150 million (c) 1.21% $— $— Entergy Louisiana June 2026 $350 million (c) 1.33% $— $— Entergy Mississippi April 2022 $37.5 million (d) 1.58% $— $— Entergy Mississippi April 2022 $35 million (d) 1.58% $— $— Entergy Mississippi April 2022 $10 million (d) 1.58% $— $— Entergy New Orleans June 2024 $25 million (c) 1.71% $25 million $— Entergy Texas June 2026 $150 million (c) 1.58% $— $1.3 million (a) If no borrowings were outstanding, the interest rate is the estimated interest rate as of September 30, 2021 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the 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 Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount. 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 one or more uncommitted standby letter of credit facilities primarily 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 September 30, 2021: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $2 million Entergy Louisiana $125 million 0.78% $6.8 million Entergy Mississippi $65 million 0.78% $2.3 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $12 million (a) As of September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2021, in addition to the $2.3 million MISO letter of credit, Entergy Mississippi has $1 million of 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. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 inter-company 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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 2022. The commitment fee is currently 0.20% of the undrawn commitment amount. As of September 30, 2021, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2021 was 1.69% on the drawn portion of the facility. See Note 14 to the financial statements in the Form 10-K for discussion of the transfer of Entergy Nuclear Vermont Yankee to NorthStar. 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 have commercial paper programs in place. Following is a summary as of September 30, 2021: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2024 $80 1.20% $5.3 Entergy Louisiana River Bend VIE June 2024 $105 1.17% $53.2 Entergy Louisiana Waterford VIE June 2024 $105 1.18% $49.3 System Energy VIE June 2024 $120 1.18% $40.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity 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. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2021 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 variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Entergy Arkansas, Entergy Louisiana, and System Energy each have obtained financing authorizations from the FERC that extend through July 14, 2022 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In March 2021, Entergy Corporation issued $650 million of 1.90% Series senior notes due June 2028 and $650 million of 2.40% Series senior notes due June 2031. Entergy Corporation used the proceeds to repay a portion of its outstanding commercial paper and for general corporate purposes. (Entergy Arkansas) In March 2021, Entergy Arkansas issued $400 million of 3.35% Series mortgage bonds due June 2052. Entergy Arkansas expects to use, or has used, the proceeds, together with other funds, to finance in part the purchase of the Searcy Solar Facility, to repay a portion of the debt outstanding under its $150 million long-term revolving credit facility, to repay a portion of the debt outstanding under its $25 million short-term revolving credit facility, and for general corporate purposes. (Entergy Louisiana) In March 2021, Entergy Louisiana issued $500 million of 2.35% Series mortgage bonds due June 2032 and $500 million of 3.10% Series mortgage bonds due June 2041. Entergy Louisiana used the proceeds, together with other funds, to repay at maturity, its $200 million of 4.80% Series mortgage bonds due May 2021, to finance, on an interim basis, storm restoration costs related to Hurricane Laura, Hurricane Delta, Hurricane Zeta, and the winter storms of February 2021, and for general corporate purposes. In April 2021, Entergy Louisiana arranged for the issuance by the Louisiana Local Government Environmental Facilities and Community Development Authority of (i) $16.2 million of 2.00% pollution control revenue bonds Series 2021A due June 2030, and (ii) $182.48 million of 2.50% pollution control revenue bonds Series 2021B due April 2036, each of which series is evidenced by a separate series of collateral trust mortgage bonds of Entergy Louisiana. A portion of the proceeds were applied in April 2021 to the refunding of $83.68 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. The remainder of the proceeds were applied in June 2021 to the refunding of $115 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. In October 2021, Entergy Louisiana issued $1 billion of 0.95% Series mortgage bonds due October 2024. Entergy Louisiana expects to use the proceeds, together with other funds, to finance, on an interim basis, storm restoration costs related to Hurricane Ida. (Entergy Mississippi) In March 2021, Entergy Mississippi issued $200 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds, together with other funds, to repay a portion of the debt outstanding under its three short-term revolving credit facilities with an aggregate commitment of $82.5 million and for general corporate purposes. (Entergy Texas) In May 2021, Entergy Texas redeemed $125 million of 2.55% Series mortgage bonds due June 2021. In August 2021, Entergy Texas issued $130 million of 1.50% Series mortgage bonds due September 2026. Entergy Texas used the proceeds to repay at maturity its $75 million of 4.10% Series mortgage bonds due September 2021, and for general corporate purposes. (System Energy) In June 2021, System Energy arranged for the issuance by the Mississippi Business Finance Corporation of $83.695 million of 2.375% revenue bonds (System Energy Resources, Inc. Project) Series 2021 due June 2044, which are evidenced by a series of System Energy first mortgage bonds. System Energy used the proceeds, together with other funds, to refund $83.695 million of outstanding revenue bonds. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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	NOTE 4. 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 2026. 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 nine months ended September 30, 2021 was 1.60% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2021. Capacity Borrowings Letters Capacity (In Millions) $3,500 $325 $6 $3,169 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) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2021, Entergy Corporation had approximately $1,006 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2021 was 0.30%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2021 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2022 $25 million (b) 2.75% $— $— Entergy Arkansas June 2026 $150 million (c) 1.21% $— $— Entergy Louisiana June 2026 $350 million (c) 1.33% $— $— Entergy Mississippi April 2022 $37.5 million (d) 1.58% $— $— Entergy Mississippi April 2022 $35 million (d) 1.58% $— $— Entergy Mississippi April 2022 $10 million (d) 1.58% $— $— Entergy New Orleans June 2024 $25 million (c) 1.71% $25 million $— Entergy Texas June 2026 $150 million (c) 1.58% $— $1.3 million (a) If no borrowings were outstanding, the interest rate is the estimated interest rate as of September 30, 2021 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the 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 Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount. 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 one or more uncommitted standby letter of credit facilities primarily 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 September 30, 2021: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $2 million Entergy Louisiana $125 million 0.78% $6.8 million Entergy Mississippi $65 million 0.78% $2.3 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $12 million (a) As of September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2021, in addition to the $2.3 million MISO letter of credit, Entergy Mississippi has $1 million of 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. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 inter-company 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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 2022. The commitment fee is currently 0.20% of the undrawn commitment amount. As of September 30, 2021, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2021 was 1.69% on the drawn portion of the facility. See Note 14 to the financial statements in the Form 10-K for discussion of the transfer of Entergy Nuclear Vermont Yankee to NorthStar. 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 have commercial paper programs in place. Following is a summary as of September 30, 2021: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2024 $80 1.20% $5.3 Entergy Louisiana River Bend VIE June 2024 $105 1.17% $53.2 Entergy Louisiana Waterford VIE June 2024 $105 1.18% $49.3 System Energy VIE June 2024 $120 1.18% $40.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity 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. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2021 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 variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Entergy Arkansas, Entergy Louisiana, and System Energy each have obtained financing authorizations from the FERC that extend through July 14, 2022 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In March 2021, Entergy Corporation issued $650 million of 1.90% Series senior notes due June 2028 and $650 million of 2.40% Series senior notes due June 2031. Entergy Corporation used the proceeds to repay a portion of its outstanding commercial paper and for general corporate purposes. (Entergy Arkansas) In March 2021, Entergy Arkansas issued $400 million of 3.35% Series mortgage bonds due June 2052. Entergy Arkansas expects to use, or has used, the proceeds, together with other funds, to finance in part the purchase of the Searcy Solar Facility, to repay a portion of the debt outstanding under its $150 million long-term revolving credit facility, to repay a portion of the debt outstanding under its $25 million short-term revolving credit facility, and for general corporate purposes. (Entergy Louisiana) In March 2021, Entergy Louisiana issued $500 million of 2.35% Series mortgage bonds due June 2032 and $500 million of 3.10% Series mortgage bonds due June 2041. Entergy Louisiana used the proceeds, together with other funds, to repay at maturity, its $200 million of 4.80% Series mortgage bonds due May 2021, to finance, on an interim basis, storm restoration costs related to Hurricane Laura, Hurricane Delta, Hurricane Zeta, and the winter storms of February 2021, and for general corporate purposes. In April 2021, Entergy Louisiana arranged for the issuance by the Louisiana Local Government Environmental Facilities and Community Development Authority of (i) $16.2 million of 2.00% pollution control revenue bonds Series 2021A due June 2030, and (ii) $182.48 million of 2.50% pollution control revenue bonds Series 2021B due April 2036, each of which series is evidenced by a separate series of collateral trust mortgage bonds of Entergy Louisiana. A portion of the proceeds were applied in April 2021 to the refunding of $83.68 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. The remainder of the proceeds were applied in June 2021 to the refunding of $115 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. In October 2021, Entergy Louisiana issued $1 billion of 0.95% Series mortgage bonds due October 2024. Entergy Louisiana expects to use the proceeds, together with other funds, to finance, on an interim basis, storm restoration costs related to Hurricane Ida. (Entergy Mississippi) In March 2021, Entergy Mississippi issued $200 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds, together with other funds, to repay a portion of the debt outstanding under its three short-term revolving credit facilities with an aggregate commitment of $82.5 million and for general corporate purposes. (Entergy Texas) In May 2021, Entergy Texas redeemed $125 million of 2.55% Series mortgage bonds due June 2021. In August 2021, Entergy Texas issued $130 million of 1.50% Series mortgage bonds due September 2026. Entergy Texas used the proceeds to repay at maturity its $75 million of 4.10% Series mortgage bonds due September 2021, and for general corporate purposes. (System Energy) In June 2021, System Energy arranged for the issuance by the Mississippi Business Finance Corporation of $83.695 million of 2.375% revenue bonds (System Energy Resources, Inc. Project) Series 2021 due June 2044, which are evidenced by a series of System Energy first mortgage bonds. System Energy used the proceeds, together with other funds, to refund $83.695 million of outstanding revenue bonds. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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	NOTE 4. 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 2026. 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 nine months ended September 30, 2021 was 1.60% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2021. Capacity Borrowings Letters Capacity (In Millions) $3,500 $325 $6 $3,169 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) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2021, Entergy Corporation had approximately $1,006 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2021 was 0.30%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2021 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2022 $25 million (b) 2.75% $— $— Entergy Arkansas June 2026 $150 million (c) 1.21% $— $— Entergy Louisiana June 2026 $350 million (c) 1.33% $— $— Entergy Mississippi April 2022 $37.5 million (d) 1.58% $— $— Entergy Mississippi April 2022 $35 million (d) 1.58% $— $— Entergy Mississippi April 2022 $10 million (d) 1.58% $— $— Entergy New Orleans June 2024 $25 million (c) 1.71% $25 million $— Entergy Texas June 2026 $150 million (c) 1.58% $— $1.3 million (a) If no borrowings were outstanding, the interest rate is the estimated interest rate as of September 30, 2021 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the 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 Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount. 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 one or more uncommitted standby letter of credit facilities primarily 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 September 30, 2021: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $2 million Entergy Louisiana $125 million 0.78% $6.8 million Entergy Mississippi $65 million 0.78% $2.3 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $12 million (a) As of September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2021, in addition to the $2.3 million MISO letter of credit, Entergy Mississippi has $1 million of 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. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 inter-company 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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 2022. The commitment fee is currently 0.20% of the undrawn commitment amount. As of September 30, 2021, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2021 was 1.69% on the drawn portion of the facility. See Note 14 to the financial statements in the Form 10-K for discussion of the transfer of Entergy Nuclear Vermont Yankee to NorthStar. 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 have commercial paper programs in place. Following is a summary as of September 30, 2021: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2024 $80 1.20% $5.3 Entergy Louisiana River Bend VIE June 2024 $105 1.17% $53.2 Entergy Louisiana Waterford VIE June 2024 $105 1.18% $49.3 System Energy VIE June 2024 $120 1.18% $40.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity 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. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2021 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 variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Entergy Arkansas, Entergy Louisiana, and System Energy each have obtained financing authorizations from the FERC that extend through July 14, 2022 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In March 2021, Entergy Corporation issued $650 million of 1.90% Series senior notes due June 2028 and $650 million of 2.40% Series senior notes due June 2031. Entergy Corporation used the proceeds to repay a portion of its outstanding commercial paper and for general corporate purposes. (Entergy Arkansas) In March 2021, Entergy Arkansas issued $400 million of 3.35% Series mortgage bonds due June 2052. Entergy Arkansas expects to use, or has used, the proceeds, together with other funds, to finance in part the purchase of the Searcy Solar Facility, to repay a portion of the debt outstanding under its $150 million long-term revolving credit facility, to repay a portion of the debt outstanding under its $25 million short-term revolving credit facility, and for general corporate purposes. (Entergy Louisiana) In March 2021, Entergy Louisiana issued $500 million of 2.35% Series mortgage bonds due June 2032 and $500 million of 3.10% Series mortgage bonds due June 2041. Entergy Louisiana used the proceeds, together with other funds, to repay at maturity, its $200 million of 4.80% Series mortgage bonds due May 2021, to finance, on an interim basis, storm restoration costs related to Hurricane Laura, Hurricane Delta, Hurricane Zeta, and the winter storms of February 2021, and for general corporate purposes. In April 2021, Entergy Louisiana arranged for the issuance by the Louisiana Local Government Environmental Facilities and Community Development Authority of (i) $16.2 million of 2.00% pollution control revenue bonds Series 2021A due June 2030, and (ii) $182.48 million of 2.50% pollution control revenue bonds Series 2021B due April 2036, each of which series is evidenced by a separate series of collateral trust mortgage bonds of Entergy Louisiana. A portion of the proceeds were applied in April 2021 to the refunding of $83.68 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. The remainder of the proceeds were applied in June 2021 to the refunding of $115 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. In October 2021, Entergy Louisiana issued $1 billion of 0.95% Series mortgage bonds due October 2024. Entergy Louisiana expects to use the proceeds, together with other funds, to finance, on an interim basis, storm restoration costs related to Hurricane Ida. (Entergy Mississippi) In March 2021, Entergy Mississippi issued $200 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds, together with other funds, to repay a portion of the debt outstanding under its three short-term revolving credit facilities with an aggregate commitment of $82.5 million and for general corporate purposes. (Entergy Texas) In May 2021, Entergy Texas redeemed $125 million of 2.55% Series mortgage bonds due June 2021. In August 2021, Entergy Texas issued $130 million of 1.50% Series mortgage bonds due September 2026. Entergy Texas used the proceeds to repay at maturity its $75 million of 4.10% Series mortgage bonds due September 2021, and for general corporate purposes. (System Energy) In June 2021, System Energy arranged for the issuance by the Mississippi Business Finance Corporation of $83.695 million of 2.375% revenue bonds (System Energy Resources, Inc. Project) Series 2021 due June 2044, which are evidenced by a series of System Energy first mortgage bonds. System Energy used the proceeds, together with other funds, to refund $83.695 million of outstanding revenue bonds. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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	NOTE 4. 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 2026. 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 nine months ended September 30, 2021 was 1.60% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2021. Capacity Borrowings Letters Capacity (In Millions) $3,500 $325 $6 $3,169 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) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2021, Entergy Corporation had approximately $1,006 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2021 was 0.30%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2021 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2022 $25 million (b) 2.75% $— $— Entergy Arkansas June 2026 $150 million (c) 1.21% $— $— Entergy Louisiana June 2026 $350 million (c) 1.33% $— $— Entergy Mississippi April 2022 $37.5 million (d) 1.58% $— $— Entergy Mississippi April 2022 $35 million (d) 1.58% $— $— Entergy Mississippi April 2022 $10 million (d) 1.58% $— $— Entergy New Orleans June 2024 $25 million (c) 1.71% $25 million $— Entergy Texas June 2026 $150 million (c) 1.58% $— $1.3 million (a) If no borrowings were outstanding, the interest rate is the estimated interest rate as of September 30, 2021 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the 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 Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount. 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 one or more uncommitted standby letter of credit facilities primarily 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 September 30, 2021: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $2 million Entergy Louisiana $125 million 0.78% $6.8 million Entergy Mississippi $65 million 0.78% $2.3 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $12 million (a) As of September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2021, in addition to the $2.3 million MISO letter of credit, Entergy Mississippi has $1 million of 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. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 inter-company 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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 2022. The commitment fee is currently 0.20% of the undrawn commitment amount. As of September 30, 2021, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2021 was 1.69% on the drawn portion of the facility. See Note 14 to the financial statements in the Form 10-K for discussion of the transfer of Entergy Nuclear Vermont Yankee to NorthStar. 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 have commercial paper programs in place. Following is a summary as of September 30, 2021: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2024 $80 1.20% $5.3 Entergy Louisiana River Bend VIE June 2024 $105 1.17% $53.2 Entergy Louisiana Waterford VIE June 2024 $105 1.18% $49.3 System Energy VIE June 2024 $120 1.18% $40.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity 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. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2021 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 variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Entergy Arkansas, Entergy Louisiana, and System Energy each have obtained financing authorizations from the FERC that extend through July 14, 2022 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In March 2021, Entergy Corporation issued $650 million of 1.90% Series senior notes due June 2028 and $650 million of 2.40% Series senior notes due June 2031. Entergy Corporation used the proceeds to repay a portion of its outstanding commercial paper and for general corporate purposes. (Entergy Arkansas) In March 2021, Entergy Arkansas issued $400 million of 3.35% Series mortgage bonds due June 2052. Entergy Arkansas expects to use, or has used, the proceeds, together with other funds, to finance in part the purchase of the Searcy Solar Facility, to repay a portion of the debt outstanding under its $150 million long-term revolving credit facility, to repay a portion of the debt outstanding under its $25 million short-term revolving credit facility, and for general corporate purposes. (Entergy Louisiana) In March 2021, Entergy Louisiana issued $500 million of 2.35% Series mortgage bonds due June 2032 and $500 million of 3.10% Series mortgage bonds due June 2041. Entergy Louisiana used the proceeds, together with other funds, to repay at maturity, its $200 million of 4.80% Series mortgage bonds due May 2021, to finance, on an interim basis, storm restoration costs related to Hurricane Laura, Hurricane Delta, Hurricane Zeta, and the winter storms of February 2021, and for general corporate purposes. In April 2021, Entergy Louisiana arranged for the issuance by the Louisiana Local Government Environmental Facilities and Community Development Authority of (i) $16.2 million of 2.00% pollution control revenue bonds Series 2021A due June 2030, and (ii) $182.48 million of 2.50% pollution control revenue bonds Series 2021B due April 2036, each of which series is evidenced by a separate series of collateral trust mortgage bonds of Entergy Louisiana. A portion of the proceeds were applied in April 2021 to the refunding of $83.68 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. The remainder of the proceeds were applied in June 2021 to the refunding of $115 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. In October 2021, Entergy Louisiana issued $1 billion of 0.95% Series mortgage bonds due October 2024. Entergy Louisiana expects to use the proceeds, together with other funds, to finance, on an interim basis, storm restoration costs related to Hurricane Ida. (Entergy Mississippi) In March 2021, Entergy Mississippi issued $200 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds, together with other funds, to repay a portion of the debt outstanding under its three short-term revolving credit facilities with an aggregate commitment of $82.5 million and for general corporate purposes. (Entergy Texas) In May 2021, Entergy Texas redeemed $125 million of 2.55% Series mortgage bonds due June 2021. In August 2021, Entergy Texas issued $130 million of 1.50% Series mortgage bonds due September 2026. Entergy Texas used the proceeds to repay at maturity its $75 million of 4.10% Series mortgage bonds due September 2021, and for general corporate purposes. (System Energy) In June 2021, System Energy arranged for the issuance by the Mississippi Business Finance Corporation of $83.695 million of 2.375% revenue bonds (System Energy Resources, Inc. Project) Series 2021 due June 2044, which are evidenced by a series of System Energy first mortgage bonds. System Energy used the proceeds, together with other funds, to refund $83.695 million of outstanding revenue bonds. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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	NOTE 4. 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 2026. 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 nine months ended September 30, 2021 was 1.60% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2021. Capacity Borrowings Letters Capacity (In Millions) $3,500 $325 $6 $3,169 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) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2021, Entergy Corporation had approximately $1,006 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2021 was 0.30%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2021 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2022 $25 million (b) 2.75% $— $— Entergy Arkansas June 2026 $150 million (c) 1.21% $— $— Entergy Louisiana June 2026 $350 million (c) 1.33% $— $— Entergy Mississippi April 2022 $37.5 million (d) 1.58% $— $— Entergy Mississippi April 2022 $35 million (d) 1.58% $— $— Entergy Mississippi April 2022 $10 million (d) 1.58% $— $— Entergy New Orleans June 2024 $25 million (c) 1.71% $25 million $— Entergy Texas June 2026 $150 million (c) 1.58% $— $1.3 million (a) If no borrowings were outstanding, the interest rate is the estimated interest rate as of September 30, 2021 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the 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 Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount. 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 one or more uncommitted standby letter of credit facilities primarily 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 September 30, 2021: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $2 million Entergy Louisiana $125 million 0.78% $6.8 million Entergy Mississippi $65 million 0.78% $2.3 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $12 million (a) As of September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2021, in addition to the $2.3 million MISO letter of credit, Entergy Mississippi has $1 million of 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. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 inter-company 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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 2022. The commitment fee is currently 0.20% of the undrawn commitment amount. As of September 30, 2021, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2021 was 1.69% on the drawn portion of the facility. See Note 14 to the financial statements in the Form 10-K for discussion of the transfer of Entergy Nuclear Vermont Yankee to NorthStar. 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 have commercial paper programs in place. Following is a summary as of September 30, 2021: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2024 $80 1.20% $5.3 Entergy Louisiana River Bend VIE June 2024 $105 1.17% $53.2 Entergy Louisiana Waterford VIE June 2024 $105 1.18% $49.3 System Energy VIE June 2024 $120 1.18% $40.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity 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. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2021 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 variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Entergy Arkansas, Entergy Louisiana, and System Energy each have obtained financing authorizations from the FERC that extend through July 14, 2022 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In March 2021, Entergy Corporation issued $650 million of 1.90% Series senior notes due June 2028 and $650 million of 2.40% Series senior notes due June 2031. Entergy Corporation used the proceeds to repay a portion of its outstanding commercial paper and for general corporate purposes. (Entergy Arkansas) In March 2021, Entergy Arkansas issued $400 million of 3.35% Series mortgage bonds due June 2052. Entergy Arkansas expects to use, or has used, the proceeds, together with other funds, to finance in part the purchase of the Searcy Solar Facility, to repay a portion of the debt outstanding under its $150 million long-term revolving credit facility, to repay a portion of the debt outstanding under its $25 million short-term revolving credit facility, and for general corporate purposes. (Entergy Louisiana) In March 2021, Entergy Louisiana issued $500 million of 2.35% Series mortgage bonds due June 2032 and $500 million of 3.10% Series mortgage bonds due June 2041. Entergy Louisiana used the proceeds, together with other funds, to repay at maturity, its $200 million of 4.80% Series mortgage bonds due May 2021, to finance, on an interim basis, storm restoration costs related to Hurricane Laura, Hurricane Delta, Hurricane Zeta, and the winter storms of February 2021, and for general corporate purposes. In April 2021, Entergy Louisiana arranged for the issuance by the Louisiana Local Government Environmental Facilities and Community Development Authority of (i) $16.2 million of 2.00% pollution control revenue bonds Series 2021A due June 2030, and (ii) $182.48 million of 2.50% pollution control revenue bonds Series 2021B due April 2036, each of which series is evidenced by a separate series of collateral trust mortgage bonds of Entergy Louisiana. A portion of the proceeds were applied in April 2021 to the refunding of $83.68 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. The remainder of the proceeds were applied in June 2021 to the refunding of $115 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. In October 2021, Entergy Louisiana issued $1 billion of 0.95% Series mortgage bonds due October 2024. Entergy Louisiana expects to use the proceeds, together with other funds, to finance, on an interim basis, storm restoration costs related to Hurricane Ida. (Entergy Mississippi) In March 2021, Entergy Mississippi issued $200 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds, together with other funds, to repay a portion of the debt outstanding under its three short-term revolving credit facilities with an aggregate commitment of $82.5 million and for general corporate purposes. (Entergy Texas) In May 2021, Entergy Texas redeemed $125 million of 2.55% Series mortgage bonds due June 2021. In August 2021, Entergy Texas issued $130 million of 1.50% Series mortgage bonds due September 2026. Entergy Texas used the proceeds to repay at maturity its $75 million of 4.10% Series mortgage bonds due September 2021, and for general corporate purposes. (System Energy) In June 2021, System Energy arranged for the issuance by the Mississippi Business Finance Corporation of $83.695 million of 2.375% revenue bonds (System Energy Resources, Inc. Project) Series 2021 due June 2044, which are evidenced by a series of System Energy first mortgage bonds. System Energy used the proceeds, together with other funds, to refund $83.695 million of outstanding revenue bonds. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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	NOTE 4. 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 2026. 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 nine months ended September 30, 2021 was 1.60% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2021. Capacity Borrowings Letters Capacity (In Millions) $3,500 $325 $6 $3,169 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) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2021, Entergy Corporation had approximately $1,006 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2021 was 0.30%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2021 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2022 $25 million (b) 2.75% $— $— Entergy Arkansas June 2026 $150 million (c) 1.21% $— $— Entergy Louisiana June 2026 $350 million (c) 1.33% $— $— Entergy Mississippi April 2022 $37.5 million (d) 1.58% $— $— Entergy Mississippi April 2022 $35 million (d) 1.58% $— $— Entergy Mississippi April 2022 $10 million (d) 1.58% $— $— Entergy New Orleans June 2024 $25 million (c) 1.71% $25 million $— Entergy Texas June 2026 $150 million (c) 1.58% $— $1.3 million (a) If no borrowings were outstanding, the interest rate is the estimated interest rate as of September 30, 2021 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the 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 Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount. 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 one or more uncommitted standby letter of credit facilities primarily 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 September 30, 2021: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $2 million Entergy Louisiana $125 million 0.78% $6.8 million Entergy Mississippi $65 million 0.78% $2.3 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $12 million (a) As of September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2021, in addition to the $2.3 million MISO letter of credit, Entergy Mississippi has $1 million of 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. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. 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 inter-company 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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 2022. The commitment fee is currently 0.20% of the undrawn commitment amount. As of September 30, 2021, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2021 was 1.69% on the drawn portion of the facility. See Note 14 to the financial statements in the Form 10-K for discussion of the transfer of Entergy Nuclear Vermont Yankee to NorthStar. 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 have commercial paper programs in place. Following is a summary as of September 30, 2021: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2024 $80 1.20% $5.3 Entergy Louisiana River Bend VIE June 2024 $105 1.17% $53.2 Entergy Louisiana Waterford VIE June 2024 $105 1.18% $49.3 System Energy VIE June 2024 $120 1.18% $40.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity 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. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2021 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 variable interest entities’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense. Entergy Arkansas, Entergy Louisiana, and System Energy each have obtained financing authorizations from the FERC that extend through July 14, 2022 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In March 2021, Entergy Corporation issued $650 million of 1.90% Series senior notes due June 2028 and $650 million of 2.40% Series senior notes due June 2031. Entergy Corporation used the proceeds to repay a portion of its outstanding commercial paper and for general corporate purposes. (Entergy Arkansas) In March 2021, Entergy Arkansas issued $400 million of 3.35% Series mortgage bonds due June 2052. Entergy Arkansas expects to use, or has used, the proceeds, together with other funds, to finance in part the purchase of the Searcy Solar Facility, to repay a portion of the debt outstanding under its $150 million long-term revolving credit facility, to repay a portion of the debt outstanding under its $25 million short-term revolving credit facility, and for general corporate purposes. (Entergy Louisiana) In March 2021, Entergy Louisiana issued $500 million of 2.35% Series mortgage bonds due June 2032 and $500 million of 3.10% Series mortgage bonds due June 2041. Entergy Louisiana used the proceeds, together with other funds, to repay at maturity, its $200 million of 4.80% Series mortgage bonds due May 2021, to finance, on an interim basis, storm restoration costs related to Hurricane Laura, Hurricane Delta, Hurricane Zeta, and the winter storms of February 2021, and for general corporate purposes. In April 2021, Entergy Louisiana arranged for the issuance by the Louisiana Local Government Environmental Facilities and Community Development Authority of (i) $16.2 million of 2.00% pollution control revenue bonds Series 2021A due June 2030, and (ii) $182.48 million of 2.50% pollution control revenue bonds Series 2021B due April 2036, each of which series is evidenced by a separate series of collateral trust mortgage bonds of Entergy Louisiana. A portion of the proceeds were applied in April 2021 to the refunding of $83.68 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. The remainder of the proceeds were applied in June 2021 to the refunding of $115 million of outstanding pollution control revenue bonds previously issued on behalf of Entergy Louisiana. In October 2021, Entergy Louisiana issued $1 billion of 0.95% Series mortgage bonds due October 2024. Entergy Louisiana expects to use the proceeds, together with other funds, to finance, on an interim basis, storm restoration costs related to Hurricane Ida. (Entergy Mississippi) In March 2021, Entergy Mississippi issued $200 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds, together with other funds, to repay a portion of the debt outstanding under its three short-term revolving credit facilities with an aggregate commitment of $82.5 million and for general corporate purposes. (Entergy Texas) In May 2021, Entergy Texas redeemed $125 million of 2.55% Series mortgage bonds due June 2021. In August 2021, Entergy Texas issued $130 million of 1.50% Series mortgage bonds due September 2026. Entergy Texas used the proceeds to repay at maturity its $75 million of 4.10% Series mortgage bonds due September 2021, and for general corporate purposes. (System Energy) In June 2021, System Energy arranged for the issuance by the Mississippi Business Finance Corporation of $83.695 million of 2.375% revenue bonds (System Energy Resources, Inc. Project) Series 2021 due June 2044, which are evidenced by a series of System Energy first mortgage bonds. System Energy used the proceeds, together with other funds, to refund $83.695 million of outstanding revenue bonds. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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	9 Months Ended
	Sep. 30, 2021
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 508,704 shares of its common stock under the 2019 Omnibus Incentive Plan during the first quarter 2021 with a fair value of $12.27 per option. As of September 30, 2021, there were options on 2,824,144 shares of common stock outstanding with a weighted-average exercise price of $90.79. 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 September 30, 2021. The aggregate intrinsic value of the stock options outstanding as of September 30, 2021 was $40.3 million. The following table includes financial information for outstanding stock options for the three months ended September 30, 2021 and 2020: 2021 2020 (In Millions) Compensation expense included in Entergy’s net income $1.2 $1.0 Tax benefit recognized in Entergy’s net income $0.3 $0.3 Compensation cost capitalized as part of fixed assets and materials and supplies $0.4 $0.4 The following table includes financial information for outstanding stock options for the nine months ended September 30, 2021 and 2020: 2021 2020 (In Millions) Compensation expense included in Entergy’s net income $3.2 $3.0 Tax benefit recognized in Entergy’s net income $0.8 $0.8 Compensation cost capitalized as part of fixed assets and materials and supplies $1.2 $1.2 Other Equity Awards In January 2021 the Board approved and Entergy granted 392,382 restricted stock awards and 203,983 long-term incentive awards under the 2019 Omnibus Incentive Plan. The restricted stock awards were made effective on January 28, 2021 and were valued at $95.87 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, Entergy Corporation is replacing the cumulative adjusted earnings per share metric with a credit measure – adjusted funds from operations/debt ratio for the 2021-2023 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 28, 2021 and eighty percent were valued at $110.74 per share based on various factors, primarily market conditions; and twenty percent were valued at $95.87 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 September 30, 2021 and 2020: 2021 2020 (In Millions) Compensation expense included in Entergy’s net income $10.6 $8.9 Tax benefit recognized in Entergy’s net income $2.7 $2.2 Compensation cost capitalized as part of fixed assets and materials and supplies $4.1 $3.6 The following table includes financial information for other outstanding equity awards for the nine months ended September 30, 2021 and 2020: 2021 2020 (In Millions) Compensation expense included in Entergy’s net income $31.1 $27.9 Tax benefit recognized in Entergy’s net income $7.9 $7.1 Compensation cost capitalized as part of fixed assets and materials and supplies $12.1 $10.8

Retirement And Other Postretire

Retirement And Other Postretirement Benefits	9 Months Ended
	Sep. 30, 2021
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 cost, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $38,531 $40,366 Interest cost on projected benefit obligation 49,222 59,930 Expected return on assets (106,684) (103,534) Amortization of net loss 69,386 87,516 Settlement charges 44,718 32,429 Net pension costs $95,173 $116,707 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $126,722 $121,124 Interest cost on projected benefit obligation 142,702 181,528 Expected return on assets (318,437) (310,664) Amortization of net loss 266,576 262,034 Settlement charges 156,266 32,429 Net pension costs $373,829 $286,451 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 Non-Qualified Net Pension Cost Entergy recognized $6.9 million and $4.5 million in pension cost for its non-qualified pension plans in the third quarters of 2021 and 2020, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. Entergy recognized $16 million and $13.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2021 and 2020. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $86 $192 $91 $7 $115 2020 $83 $37 $90 $7 $118 Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $266 $280 $283 $23 $345 2020 $249 $111 $270 $21 $354 Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $6,645 $6,231 Interest cost on accumulated postretirement benefit obligation (APBO) 5,320 6,888 Expected return on assets (10,805) (10,182) Amortization of prior service credit (8,267) (8,985) Amortization of net loss 713 1,005 Net other postretirement benefit income ($6,394) ($5,043) Entergy’s other postretirement benefit cost income, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $19,935 $18,263 Interest cost on accumulated postretirement benefit obligation (APBO) 15,960 21,708 Expected return on assets (32,415) (30,692) Amortization of prior service credit (24,801) (23,892) Amortization of net loss 2,139 2,478 Net other postretirement benefit income ($19,182) ($12,135) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,034 $1,544 $362 $109 $346 $335 Interest cost on APBO 932 1,130 278 130 317 220 Expected return on assets (4,505) — (1,384) (1,438) (2,548) (789) Amortization of prior service credit (280) (1,230) (444) (229) (936) (109) Amortization of net (gain) loss 49 (91) 19 (178) 100 15 Net other postretirement benefit cost (income) ($2,770) $1,353 ($1,169) ($1,606) ($2,721) ($328) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 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 third quarters of 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) ($534) ($1,137) $1,321 ($7) $177 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — (196) ($693) $1,776 ($1) $1,082 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 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. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), are eligible to participate in a new Entergy-sponsored retiree health plan, and are no longer eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants are eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change were reflected in the March 31, 2020 other postretirement obligation. Qualified Pension Settlement Cost 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’ 2021 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 plans’ pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy 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 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 amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. At September 30, 2021, the balance in this reserve was approximately $11.8 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $356 million to its qualified pension plans in 2021. As of September 30, 2021, Entergy had contributed $347.7 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 2021: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2021 pension contributions $66,649 $59,882 $13,715 $5,395 $6,955 $18,663 Pension contributions made through September 2021 $64,666 $59,422 $13,715 $5,395 $6,631 $18,006 Remaining estimated pension contributions to be made in 2021 $1,983 $460 $— $— $324 $657 In October 2021, Entergy contributed the remaining $8.3 million to its qualified pension plans to satisfy the expected 2021 pension contributions.
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 cost, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $38,531 $40,366 Interest cost on projected benefit obligation 49,222 59,930 Expected return on assets (106,684) (103,534) Amortization of net loss 69,386 87,516 Settlement charges 44,718 32,429 Net pension costs $95,173 $116,707 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $126,722 $121,124 Interest cost on projected benefit obligation 142,702 181,528 Expected return on assets (318,437) (310,664) Amortization of net loss 266,576 262,034 Settlement charges 156,266 32,429 Net pension costs $373,829 $286,451 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 Non-Qualified Net Pension Cost Entergy recognized $6.9 million and $4.5 million in pension cost for its non-qualified pension plans in the third quarters of 2021 and 2020, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. Entergy recognized $16 million and $13.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2021 and 2020. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $86 $192 $91 $7 $115 2020 $83 $37 $90 $7 $118 Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $266 $280 $283 $23 $345 2020 $249 $111 $270 $21 $354 Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $6,645 $6,231 Interest cost on accumulated postretirement benefit obligation (APBO) 5,320 6,888 Expected return on assets (10,805) (10,182) Amortization of prior service credit (8,267) (8,985) Amortization of net loss 713 1,005 Net other postretirement benefit income ($6,394) ($5,043) Entergy’s other postretirement benefit cost income, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $19,935 $18,263 Interest cost on accumulated postretirement benefit obligation (APBO) 15,960 21,708 Expected return on assets (32,415) (30,692) Amortization of prior service credit (24,801) (23,892) Amortization of net loss 2,139 2,478 Net other postretirement benefit income ($19,182) ($12,135) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,034 $1,544 $362 $109 $346 $335 Interest cost on APBO 932 1,130 278 130 317 220 Expected return on assets (4,505) — (1,384) (1,438) (2,548) (789) Amortization of prior service credit (280) (1,230) (444) (229) (936) (109) Amortization of net (gain) loss 49 (91) 19 (178) 100 15 Net other postretirement benefit cost (income) ($2,770) $1,353 ($1,169) ($1,606) ($2,721) ($328) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 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 third quarters of 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) ($534) ($1,137) $1,321 ($7) $177 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — (196) ($693) $1,776 ($1) $1,082 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 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. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), are eligible to participate in a new Entergy-sponsored retiree health plan, and are no longer eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants are eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change were reflected in the March 31, 2020 other postretirement obligation. Qualified Pension Settlement Cost 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’ 2021 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 plans’ pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy 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 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 amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. At September 30, 2021, the balance in this reserve was approximately $11.8 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $356 million to its qualified pension plans in 2021. As of September 30, 2021, Entergy had contributed $347.7 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 2021: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2021 pension contributions $66,649 $59,882 $13,715 $5,395 $6,955 $18,663 Pension contributions made through September 2021 $64,666 $59,422 $13,715 $5,395 $6,631 $18,006 Remaining estimated pension contributions to be made in 2021 $1,983 $460 $— $— $324 $657 In October 2021, Entergy contributed the remaining $8.3 million to its qualified pension plans to satisfy the expected 2021 pension contributions.
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 cost, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $38,531 $40,366 Interest cost on projected benefit obligation 49,222 59,930 Expected return on assets (106,684) (103,534) Amortization of net loss 69,386 87,516 Settlement charges 44,718 32,429 Net pension costs $95,173 $116,707 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $126,722 $121,124 Interest cost on projected benefit obligation 142,702 181,528 Expected return on assets (318,437) (310,664) Amortization of net loss 266,576 262,034 Settlement charges 156,266 32,429 Net pension costs $373,829 $286,451 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 Non-Qualified Net Pension Cost Entergy recognized $6.9 million and $4.5 million in pension cost for its non-qualified pension plans in the third quarters of 2021 and 2020, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. Entergy recognized $16 million and $13.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2021 and 2020. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $86 $192 $91 $7 $115 2020 $83 $37 $90 $7 $118 Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $266 $280 $283 $23 $345 2020 $249 $111 $270 $21 $354 Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $6,645 $6,231 Interest cost on accumulated postretirement benefit obligation (APBO) 5,320 6,888 Expected return on assets (10,805) (10,182) Amortization of prior service credit (8,267) (8,985) Amortization of net loss 713 1,005 Net other postretirement benefit income ($6,394) ($5,043) Entergy’s other postretirement benefit cost income, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $19,935 $18,263 Interest cost on accumulated postretirement benefit obligation (APBO) 15,960 21,708 Expected return on assets (32,415) (30,692) Amortization of prior service credit (24,801) (23,892) Amortization of net loss 2,139 2,478 Net other postretirement benefit income ($19,182) ($12,135) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,034 $1,544 $362 $109 $346 $335 Interest cost on APBO 932 1,130 278 130 317 220 Expected return on assets (4,505) — (1,384) (1,438) (2,548) (789) Amortization of prior service credit (280) (1,230) (444) (229) (936) (109) Amortization of net (gain) loss 49 (91) 19 (178) 100 15 Net other postretirement benefit cost (income) ($2,770) $1,353 ($1,169) ($1,606) ($2,721) ($328) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 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 third quarters of 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) ($534) ($1,137) $1,321 ($7) $177 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — (196) ($693) $1,776 ($1) $1,082 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 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. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), are eligible to participate in a new Entergy-sponsored retiree health plan, and are no longer eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants are eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change were reflected in the March 31, 2020 other postretirement obligation. Qualified Pension Settlement Cost 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’ 2021 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 plans’ pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy 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 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 amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. At September 30, 2021, the balance in this reserve was approximately $11.8 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $356 million to its qualified pension plans in 2021. As of September 30, 2021, Entergy had contributed $347.7 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 2021: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2021 pension contributions $66,649 $59,882 $13,715 $5,395 $6,955 $18,663 Pension contributions made through September 2021 $64,666 $59,422 $13,715 $5,395 $6,631 $18,006 Remaining estimated pension contributions to be made in 2021 $1,983 $460 $— $— $324 $657 In October 2021, Entergy contributed the remaining $8.3 million to its qualified pension plans to satisfy the expected 2021 pension contributions.
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 cost, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $38,531 $40,366 Interest cost on projected benefit obligation 49,222 59,930 Expected return on assets (106,684) (103,534) Amortization of net loss 69,386 87,516 Settlement charges 44,718 32,429 Net pension costs $95,173 $116,707 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $126,722 $121,124 Interest cost on projected benefit obligation 142,702 181,528 Expected return on assets (318,437) (310,664) Amortization of net loss 266,576 262,034 Settlement charges 156,266 32,429 Net pension costs $373,829 $286,451 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 Non-Qualified Net Pension Cost Entergy recognized $6.9 million and $4.5 million in pension cost for its non-qualified pension plans in the third quarters of 2021 and 2020, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. Entergy recognized $16 million and $13.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2021 and 2020. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $86 $192 $91 $7 $115 2020 $83 $37 $90 $7 $118 Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $266 $280 $283 $23 $345 2020 $249 $111 $270 $21 $354 Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $6,645 $6,231 Interest cost on accumulated postretirement benefit obligation (APBO) 5,320 6,888 Expected return on assets (10,805) (10,182) Amortization of prior service credit (8,267) (8,985) Amortization of net loss 713 1,005 Net other postretirement benefit income ($6,394) ($5,043) Entergy’s other postretirement benefit cost income, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $19,935 $18,263 Interest cost on accumulated postretirement benefit obligation (APBO) 15,960 21,708 Expected return on assets (32,415) (30,692) Amortization of prior service credit (24,801) (23,892) Amortization of net loss 2,139 2,478 Net other postretirement benefit income ($19,182) ($12,135) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,034 $1,544 $362 $109 $346 $335 Interest cost on APBO 932 1,130 278 130 317 220 Expected return on assets (4,505) — (1,384) (1,438) (2,548) (789) Amortization of prior service credit (280) (1,230) (444) (229) (936) (109) Amortization of net (gain) loss 49 (91) 19 (178) 100 15 Net other postretirement benefit cost (income) ($2,770) $1,353 ($1,169) ($1,606) ($2,721) ($328) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 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 third quarters of 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) ($534) ($1,137) $1,321 ($7) $177 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — (196) ($693) $1,776 ($1) $1,082 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 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. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), are eligible to participate in a new Entergy-sponsored retiree health plan, and are no longer eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants are eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change were reflected in the March 31, 2020 other postretirement obligation. Qualified Pension Settlement Cost 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’ 2021 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 plans’ pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy 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 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 amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. At September 30, 2021, the balance in this reserve was approximately $11.8 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $356 million to its qualified pension plans in 2021. As of September 30, 2021, Entergy had contributed $347.7 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 2021: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2021 pension contributions $66,649 $59,882 $13,715 $5,395 $6,955 $18,663 Pension contributions made through September 2021 $64,666 $59,422 $13,715 $5,395 $6,631 $18,006 Remaining estimated pension contributions to be made in 2021 $1,983 $460 $— $— $324 $657 In October 2021, Entergy contributed the remaining $8.3 million to its qualified pension plans to satisfy the expected 2021 pension contributions.
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 cost, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $38,531 $40,366 Interest cost on projected benefit obligation 49,222 59,930 Expected return on assets (106,684) (103,534) Amortization of net loss 69,386 87,516 Settlement charges 44,718 32,429 Net pension costs $95,173 $116,707 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $126,722 $121,124 Interest cost on projected benefit obligation 142,702 181,528 Expected return on assets (318,437) (310,664) Amortization of net loss 266,576 262,034 Settlement charges 156,266 32,429 Net pension costs $373,829 $286,451 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 Non-Qualified Net Pension Cost Entergy recognized $6.9 million and $4.5 million in pension cost for its non-qualified pension plans in the third quarters of 2021 and 2020, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. Entergy recognized $16 million and $13.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2021 and 2020. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $86 $192 $91 $7 $115 2020 $83 $37 $90 $7 $118 Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $266 $280 $283 $23 $345 2020 $249 $111 $270 $21 $354 Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $6,645 $6,231 Interest cost on accumulated postretirement benefit obligation (APBO) 5,320 6,888 Expected return on assets (10,805) (10,182) Amortization of prior service credit (8,267) (8,985) Amortization of net loss 713 1,005 Net other postretirement benefit income ($6,394) ($5,043) Entergy’s other postretirement benefit cost income, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $19,935 $18,263 Interest cost on accumulated postretirement benefit obligation (APBO) 15,960 21,708 Expected return on assets (32,415) (30,692) Amortization of prior service credit (24,801) (23,892) Amortization of net loss 2,139 2,478 Net other postretirement benefit income ($19,182) ($12,135) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,034 $1,544 $362 $109 $346 $335 Interest cost on APBO 932 1,130 278 130 317 220 Expected return on assets (4,505) — (1,384) (1,438) (2,548) (789) Amortization of prior service credit (280) (1,230) (444) (229) (936) (109) Amortization of net (gain) loss 49 (91) 19 (178) 100 15 Net other postretirement benefit cost (income) ($2,770) $1,353 ($1,169) ($1,606) ($2,721) ($328) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 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 third quarters of 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) ($534) ($1,137) $1,321 ($7) $177 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — (196) ($693) $1,776 ($1) $1,082 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 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. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), are eligible to participate in a new Entergy-sponsored retiree health plan, and are no longer eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants are eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change were reflected in the March 31, 2020 other postretirement obligation. Qualified Pension Settlement Cost 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’ 2021 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 plans’ pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy 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 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 amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. At September 30, 2021, the balance in this reserve was approximately $11.8 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $356 million to its qualified pension plans in 2021. As of September 30, 2021, Entergy had contributed $347.7 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 2021: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2021 pension contributions $66,649 $59,882 $13,715 $5,395 $6,955 $18,663 Pension contributions made through September 2021 $64,666 $59,422 $13,715 $5,395 $6,631 $18,006 Remaining estimated pension contributions to be made in 2021 $1,983 $460 $— $— $324 $657 In October 2021, Entergy contributed the remaining $8.3 million to its qualified pension plans to satisfy the expected 2021 pension contributions.
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 cost, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $38,531 $40,366 Interest cost on projected benefit obligation 49,222 59,930 Expected return on assets (106,684) (103,534) Amortization of net loss 69,386 87,516 Settlement charges 44,718 32,429 Net pension costs $95,173 $116,707 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $126,722 $121,124 Interest cost on projected benefit obligation 142,702 181,528 Expected return on assets (318,437) (310,664) Amortization of net loss 266,576 262,034 Settlement charges 156,266 32,429 Net pension costs $373,829 $286,451 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 Non-Qualified Net Pension Cost Entergy recognized $6.9 million and $4.5 million in pension cost for its non-qualified pension plans in the third quarters of 2021 and 2020, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. Entergy recognized $16 million and $13.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2021 and 2020. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $86 $192 $91 $7 $115 2020 $83 $37 $90 $7 $118 Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $266 $280 $283 $23 $345 2020 $249 $111 $270 $21 $354 Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $6,645 $6,231 Interest cost on accumulated postretirement benefit obligation (APBO) 5,320 6,888 Expected return on assets (10,805) (10,182) Amortization of prior service credit (8,267) (8,985) Amortization of net loss 713 1,005 Net other postretirement benefit income ($6,394) ($5,043) Entergy’s other postretirement benefit cost income, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $19,935 $18,263 Interest cost on accumulated postretirement benefit obligation (APBO) 15,960 21,708 Expected return on assets (32,415) (30,692) Amortization of prior service credit (24,801) (23,892) Amortization of net loss 2,139 2,478 Net other postretirement benefit income ($19,182) ($12,135) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,034 $1,544 $362 $109 $346 $335 Interest cost on APBO 932 1,130 278 130 317 220 Expected return on assets (4,505) — (1,384) (1,438) (2,548) (789) Amortization of prior service credit (280) (1,230) (444) (229) (936) (109) Amortization of net (gain) loss 49 (91) 19 (178) 100 15 Net other postretirement benefit cost (income) ($2,770) $1,353 ($1,169) ($1,606) ($2,721) ($328) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 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 third quarters of 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) ($534) ($1,137) $1,321 ($7) $177 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — (196) ($693) $1,776 ($1) $1,082 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 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. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), are eligible to participate in a new Entergy-sponsored retiree health plan, and are no longer eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants are eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change were reflected in the March 31, 2020 other postretirement obligation. Qualified Pension Settlement Cost 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’ 2021 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 plans’ pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy 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 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 amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. At September 30, 2021, the balance in this reserve was approximately $11.8 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $356 million to its qualified pension plans in 2021. As of September 30, 2021, Entergy had contributed $347.7 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 2021: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2021 pension contributions $66,649 $59,882 $13,715 $5,395 $6,955 $18,663 Pension contributions made through September 2021 $64,666 $59,422 $13,715 $5,395 $6,631 $18,006 Remaining estimated pension contributions to be made in 2021 $1,983 $460 $— $— $324 $657 In October 2021, Entergy contributed the remaining $8.3 million to its qualified pension plans to satisfy the expected 2021 pension contributions.
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 cost, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $38,531 $40,366 Interest cost on projected benefit obligation 49,222 59,930 Expected return on assets (106,684) (103,534) Amortization of net loss 69,386 87,516 Settlement charges 44,718 32,429 Net pension costs $95,173 $116,707 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $126,722 $121,124 Interest cost on projected benefit obligation 142,702 181,528 Expected return on assets (318,437) (310,664) Amortization of net loss 266,576 262,034 Settlement charges 156,266 32,429 Net pension costs $373,829 $286,451 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 Non-Qualified Net Pension Cost Entergy recognized $6.9 million and $4.5 million in pension cost for its non-qualified pension plans in the third quarters of 2021 and 2020, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. Entergy recognized $16 million and $13.6 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2021 and 2020. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2021 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $86 $192 $91 $7 $115 2020 $83 $37 $90 $7 $118 Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $266 $280 $283 $23 $345 2020 $249 $111 $270 $21 $354 Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $6,645 $6,231 Interest cost on accumulated postretirement benefit obligation (APBO) 5,320 6,888 Expected return on assets (10,805) (10,182) Amortization of prior service credit (8,267) (8,985) Amortization of net loss 713 1,005 Net other postretirement benefit income ($6,394) ($5,043) Entergy’s other postretirement benefit cost income, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $19,935 $18,263 Interest cost on accumulated postretirement benefit obligation (APBO) 15,960 21,708 Expected return on assets (32,415) (30,692) Amortization of prior service credit (24,801) (23,892) Amortization of net loss 2,139 2,478 Net other postretirement benefit income ($19,182) ($12,135) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,034 $1,544 $362 $109 $346 $335 Interest cost on APBO 932 1,130 278 130 317 220 Expected return on assets (4,505) — (1,384) (1,438) (2,548) (789) Amortization of prior service credit (280) (1,230) (444) (229) (936) (109) Amortization of net (gain) loss 49 (91) 19 (178) 100 15 Net other postretirement benefit cost (income) ($2,770) $1,353 ($1,169) ($1,606) ($2,721) ($328) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733) 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 third quarters of 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) ($534) ($1,137) $1,321 ($7) $177 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — (196) ($693) $1,776 ($1) $1,082 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 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. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), are eligible to participate in a new Entergy-sponsored retiree health plan, and are no longer eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants are eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change were reflected in the March 31, 2020 other postretirement obligation. Qualified Pension Settlement Cost 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’ 2021 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 plans’ pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy 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 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 amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. At September 30, 2021, the balance in this reserve was approximately $11.8 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $356 million to its qualified pension plans in 2021. As of September 30, 2021, Entergy had contributed $347.7 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 2021: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2021 pension contributions $66,649 $59,882 $13,715 $5,395 $6,955 $18,663 Pension contributions made through September 2021 $64,666 $59,422 $13,715 $5,395 $6,631 $18,006 Remaining estimated pension contributions to be made in 2021 $1,983 $460 $— $— $324 $657 In October 2021, Entergy contributed the remaining $8.3 million to its qualified pension plans to satisfy the expected 2021 pension contributions.

Business Segment Information

Business Segment Information	9 Months Ended
	Sep. 30, 2021
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)Entergy’s reportable segments as of September 30, 2021 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. See Note 13 to the financial statements in the Form 10-K for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants, including the planned shutdown of Palisades, the only remaining plant in Entergy Wholesale Commodities’ merchant nuclear fleet as of September 30, 2021. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 Entergy’s segment financial information for the nine months ended September 30, 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of September 30, 2021 $58,948,010 $1,238,200 $698,699 ($2,041,410) $58,843,499 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of December 31, 2020 $55,940,153 $3,800,378 $552,632 ($2,053,951) $58,239,212 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of its plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of July 1, $33 $— $33 $153 $14 $167 Restructuring costs accrued 2 — 2 19 — 19 Cash paid out — — — 1 — 1 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 of impairment and other related charges associated with these strategic decisions and transactions. No charges were incurred in the third quarter 2021. Total restructuring charges for the nine months ended September 30, 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $145 $14 $159 $129 $14 $143 Restructuring costs accrued 9 1 10 57 — 57 Cash paid out 119 15 134 15 — 15 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $345 million in the nine months ended September 30, 2021 and $16 million in the nine months ended September 30, 2020 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $10 million in 2021, of which $9 million has been incurred as of September 30, 2021, and a total of approximately $5 million in 2022. 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 is 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.
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’s reportable segments as of September 30, 2021 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. See Note 13 to the financial statements in the Form 10-K for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants, including the planned shutdown of Palisades, the only remaining plant in Entergy Wholesale Commodities’ merchant nuclear fleet as of September 30, 2021. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 Entergy’s segment financial information for the nine months ended September 30, 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of September 30, 2021 $58,948,010 $1,238,200 $698,699 ($2,041,410) $58,843,499 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of December 31, 2020 $55,940,153 $3,800,378 $552,632 ($2,053,951) $58,239,212 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of its plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of July 1, $33 $— $33 $153 $14 $167 Restructuring costs accrued 2 — 2 19 — 19 Cash paid out — — — 1 — 1 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 of impairment and other related charges associated with these strategic decisions and transactions. No charges were incurred in the third quarter 2021. Total restructuring charges for the nine months ended September 30, 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $145 $14 $159 $129 $14 $143 Restructuring costs accrued 9 1 10 57 — 57 Cash paid out 119 15 134 15 — 15 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $345 million in the nine months ended September 30, 2021 and $16 million in the nine months ended September 30, 2020 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $10 million in 2021, of which $9 million has been incurred as of September 30, 2021, and a total of approximately $5 million in 2022. 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 is 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.
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’s reportable segments as of September 30, 2021 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. See Note 13 to the financial statements in the Form 10-K for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants, including the planned shutdown of Palisades, the only remaining plant in Entergy Wholesale Commodities’ merchant nuclear fleet as of September 30, 2021. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 Entergy’s segment financial information for the nine months ended September 30, 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of September 30, 2021 $58,948,010 $1,238,200 $698,699 ($2,041,410) $58,843,499 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of December 31, 2020 $55,940,153 $3,800,378 $552,632 ($2,053,951) $58,239,212 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of its plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of July 1, $33 $— $33 $153 $14 $167 Restructuring costs accrued 2 — 2 19 — 19 Cash paid out — — — 1 — 1 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 of impairment and other related charges associated with these strategic decisions and transactions. No charges were incurred in the third quarter 2021. Total restructuring charges for the nine months ended September 30, 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $145 $14 $159 $129 $14 $143 Restructuring costs accrued 9 1 10 57 — 57 Cash paid out 119 15 134 15 — 15 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $345 million in the nine months ended September 30, 2021 and $16 million in the nine months ended September 30, 2020 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $10 million in 2021, of which $9 million has been incurred as of September 30, 2021, and a total of approximately $5 million in 2022. 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 is 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.
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’s reportable segments as of September 30, 2021 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. See Note 13 to the financial statements in the Form 10-K for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants, including the planned shutdown of Palisades, the only remaining plant in Entergy Wholesale Commodities’ merchant nuclear fleet as of September 30, 2021. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 Entergy’s segment financial information for the nine months ended September 30, 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of September 30, 2021 $58,948,010 $1,238,200 $698,699 ($2,041,410) $58,843,499 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of December 31, 2020 $55,940,153 $3,800,378 $552,632 ($2,053,951) $58,239,212 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of its plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of July 1, $33 $— $33 $153 $14 $167 Restructuring costs accrued 2 — 2 19 — 19 Cash paid out — — — 1 — 1 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 of impairment and other related charges associated with these strategic decisions and transactions. No charges were incurred in the third quarter 2021. Total restructuring charges for the nine months ended September 30, 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $145 $14 $159 $129 $14 $143 Restructuring costs accrued 9 1 10 57 — 57 Cash paid out 119 15 134 15 — 15 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $345 million in the nine months ended September 30, 2021 and $16 million in the nine months ended September 30, 2020 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $10 million in 2021, of which $9 million has been incurred as of September 30, 2021, and a total of approximately $5 million in 2022. 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 is 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.
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’s reportable segments as of September 30, 2021 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. See Note 13 to the financial statements in the Form 10-K for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants, including the planned shutdown of Palisades, the only remaining plant in Entergy Wholesale Commodities’ merchant nuclear fleet as of September 30, 2021. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 Entergy’s segment financial information for the nine months ended September 30, 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of September 30, 2021 $58,948,010 $1,238,200 $698,699 ($2,041,410) $58,843,499 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of December 31, 2020 $55,940,153 $3,800,378 $552,632 ($2,053,951) $58,239,212 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of its plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of July 1, $33 $— $33 $153 $14 $167 Restructuring costs accrued 2 — 2 19 — 19 Cash paid out — — — 1 — 1 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 of impairment and other related charges associated with these strategic decisions and transactions. No charges were incurred in the third quarter 2021. Total restructuring charges for the nine months ended September 30, 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $145 $14 $159 $129 $14 $143 Restructuring costs accrued 9 1 10 57 — 57 Cash paid out 119 15 134 15 — 15 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $345 million in the nine months ended September 30, 2021 and $16 million in the nine months ended September 30, 2020 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $10 million in 2021, of which $9 million has been incurred as of September 30, 2021, and a total of approximately $5 million in 2022. 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 is 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.
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’s reportable segments as of September 30, 2021 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. See Note 13 to the financial statements in the Form 10-K for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants, including the planned shutdown of Palisades, the only remaining plant in Entergy Wholesale Commodities’ merchant nuclear fleet as of September 30, 2021. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 Entergy’s segment financial information for the nine months ended September 30, 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of September 30, 2021 $58,948,010 $1,238,200 $698,699 ($2,041,410) $58,843,499 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of December 31, 2020 $55,940,153 $3,800,378 $552,632 ($2,053,951) $58,239,212 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of its plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of July 1, $33 $— $33 $153 $14 $167 Restructuring costs accrued 2 — 2 19 — 19 Cash paid out — — — 1 — 1 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 of impairment and other related charges associated with these strategic decisions and transactions. No charges were incurred in the third quarter 2021. Total restructuring charges for the nine months ended September 30, 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $145 $14 $159 $129 $14 $143 Restructuring costs accrued 9 1 10 57 — 57 Cash paid out 119 15 134 15 — 15 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $345 million in the nine months ended September 30, 2021 and $16 million in the nine months ended September 30, 2020 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $10 million in 2021, of which $9 million has been incurred as of September 30, 2021, and a total of approximately $5 million in 2022. 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 is 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.
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’s reportable segments as of September 30, 2021 were Utility and Entergy Wholesale Commodities. Utility includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, and natural gas utility service in portions of Louisiana. Entergy Wholesale Commodities includes the ownership, operation, and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. Entergy Wholesale Commodities also includes the ownership of interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers. See Note 13 to the financial statements in the Form 10-K for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants, including the planned shutdown of Palisades, the only remaining plant in Entergy Wholesale Commodities’ merchant nuclear fleet as of September 30, 2021. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 Entergy’s segment financial information for the nine months ended September 30, 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of September 30, 2021 $58,948,010 $1,238,200 $698,699 ($2,041,410) $58,843,499 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of December 31, 2020 $55,940,153 $3,800,378 $552,632 ($2,053,951) $58,239,212 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of its plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of July 1, $33 $— $33 $153 $14 $167 Restructuring costs accrued 2 — 2 19 — 19 Cash paid out — — — 1 — 1 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 of impairment and other related charges associated with these strategic decisions and transactions. No charges were incurred in the third quarter 2021. Total restructuring charges for the nine months ended September 30, 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $145 $14 $159 $129 $14 $143 Restructuring costs accrued 9 1 10 57 — 57 Cash paid out 119 15 134 15 — 15 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $345 million in the nine months ended September 30, 2021 and $16 million in the nine months ended September 30, 2020 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $10 million in 2021, of which $9 million has been incurred as of September 30, 2021, and a total of approximately $5 million in 2022. 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 is 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.

Risk Management And Fair Values

Risk Management And Fair Values	9 Months Ended
	Sep. 30, 2021
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. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities entered into forward contracts with its customers and also sold energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities used a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price fell, the combination of financial contracts was expected to settle in gains that offset lower revenue from generation, which resulted in a more predictable cash flow. Consistent with management’s strategy to shut down and sell all plants in the Entergy Wholesale Commodities merchant fleet, the Entergy Wholesale Commodities portfolio of derivative instruments expired in April 2021, which was the settlement date for the last financial derivative contracts in the Entergy Wholesale Commodities portfolio. 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 and interest rate swaps. 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 entered into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settled against day-ahead power pool prices were used to manage price exposure for Entergy Wholesale Commodities generation. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 99% for the remainder of 2021, all of which is sold under normal purchase/normal sale contracts. Total planned generation for the remainder of 2021 is 1.7 TWh. Entergy used standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitated the netting of cash flows associated with a single counterparty and may have included collateral requirements. Cash, letters of credit, and parental/affiliate guarantees were obtained as security from counterparties in order to mitigate credit risk. The collateral agreements required a counterparty to post cash or letters of credit in the event an exposure exceeded an established threshold. The threshold represented an unsecured credit limit, which may have been supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allowed for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. As of September 30, 2021, there were no outstanding derivative contracts held by Entergy Wholesale Commodities. As of December 31, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $5 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $39 million in letters of credit were required to be posted by counterparties to the Entergy subsidiary. 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 had executed natural gas swaps and options as of September 30, 2021 was 2.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2021 was 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2021 was 30,980,500 MMBtu for Entergy, including 18,260,000 MMBtu for Entergy Louisiana, 11,438,000 MMBtu for Entergy Mississippi, and 1,282,500 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 2021, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2021 through May 31, 2022. 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 Wholesale Commodities 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 September 30, 2021 was 91,873 GWh for Entergy, including 19,386 GWh for Entergy Arkansas, 41,531 GWh for Entergy Louisiana, 10,505 GWh for Entergy Mississippi, 4,242 GWh for Entergy New Orleans, and 15,849 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 Wholesale Commodities is covered by cash. As of September 30, 2021, $6 million in cash collateral was required to be posted by Entergy Wholesale Commodities to MISO. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of December 31, 2020. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2021 and for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2020. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2021 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) Business (In Millions) Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $39 $— $39 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $8 $— $8 Utility Financial transmission rights Prepayments and other $8 $— $8 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2020 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) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $39 ($1) $38 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $9 $— $9 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility (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 Sheet (d) Excludes cash collateral in the amount of $6 million posted as of September 30, 2021 and $5 million posted as of December 31, 2020. Also excludes letters of credit in the amount of $4 million posted as of September 30, 2021 and $1 million posted and $39 million held as of December 31, 2020. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $— Competitive businesses operating revenues $— 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 (a) Before taxes of $3 million for the three months ended September 30, 2020 The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $2 Competitive businesses operating revenues $40 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 (a) Before taxes of $8 million and $28 million for the nine months ended September 30, 2021 and 2020, respectively Based on market prices as of September 30, 2021, there were no unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— (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. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2021 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 $19.6 $— $19.6 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Prepayments and other $23.2 $— $23.2 Entergy Mississippi Natural gas swaps Prepayments and other $2.3 $— $2.3 Entergy New Orleans Financial transmission rights Prepayments and other $2.4 $— $2.4 Entergy Arkansas Financial transmission rights Prepayments and other $2.7 ($0.1) $2.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 $— $1.7 Entergy Texas The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2020 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $0.5 $— $0.5 Entergy Louisiana Financial transmission rights Prepayments and other $2.9 ($0.2) $2.7 Entergy Arkansas Financial transmission rights Prepayments and other $4.3 ($0.1) $4.2 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.2 ($0.1) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $1.6 $— $1.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $0.3 $— $0.3 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana Natural gas swaps Other current liabilities $5.0 $— $5.0 Entergy Mississippi Natural gas swaps Other current liabilities $0.3 $— $0.3 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 September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. As of December 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.3 million for Entergy Louisiana, $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $0.5 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 September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (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 other than those instruments held by the Entergy Wholesale Commodities business 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 and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. 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 and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validates forward market price
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. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities entered into forward contracts with its customers and also sold energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities used a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price fell, the combination of financial contracts was expected to settle in gains that offset lower revenue from generation, which resulted in a more predictable cash flow. Consistent with management’s strategy to shut down and sell all plants in the Entergy Wholesale Commodities merchant fleet, the Entergy Wholesale Commodities portfolio of derivative instruments expired in April 2021, which was the settlement date for the last financial derivative contracts in the Entergy Wholesale Commodities portfolio. 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 and interest rate swaps. 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 entered into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settled against day-ahead power pool prices were used to manage price exposure for Entergy Wholesale Commodities generation. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 99% for the remainder of 2021, all of which is sold under normal purchase/normal sale contracts. Total planned generation for the remainder of 2021 is 1.7 TWh. Entergy used standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitated the netting of cash flows associated with a single counterparty and may have included collateral requirements. Cash, letters of credit, and parental/affiliate guarantees were obtained as security from counterparties in order to mitigate credit risk. The collateral agreements required a counterparty to post cash or letters of credit in the event an exposure exceeded an established threshold. The threshold represented an unsecured credit limit, which may have been supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allowed for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. As of September 30, 2021, there were no outstanding derivative contracts held by Entergy Wholesale Commodities. As of December 31, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $5 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $39 million in letters of credit were required to be posted by counterparties to the Entergy subsidiary. 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 had executed natural gas swaps and options as of September 30, 2021 was 2.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2021 was 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2021 was 30,980,500 MMBtu for Entergy, including 18,260,000 MMBtu for Entergy Louisiana, 11,438,000 MMBtu for Entergy Mississippi, and 1,282,500 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 2021, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2021 through May 31, 2022. 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 Wholesale Commodities 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 September 30, 2021 was 91,873 GWh for Entergy, including 19,386 GWh for Entergy Arkansas, 41,531 GWh for Entergy Louisiana, 10,505 GWh for Entergy Mississippi, 4,242 GWh for Entergy New Orleans, and 15,849 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 Wholesale Commodities is covered by cash. As of September 30, 2021, $6 million in cash collateral was required to be posted by Entergy Wholesale Commodities to MISO. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of December 31, 2020. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2021 and for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2020. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2021 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) Business (In Millions) Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $39 $— $39 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $8 $— $8 Utility Financial transmission rights Prepayments and other $8 $— $8 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2020 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) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $39 ($1) $38 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $9 $— $9 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility (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 Sheet (d) Excludes cash collateral in the amount of $6 million posted as of September 30, 2021 and $5 million posted as of December 31, 2020. Also excludes letters of credit in the amount of $4 million posted as of September 30, 2021 and $1 million posted and $39 million held as of December 31, 2020. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $— Competitive businesses operating revenues $— 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 (a) Before taxes of $3 million for the three months ended September 30, 2020 The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $2 Competitive businesses operating revenues $40 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 (a) Before taxes of $8 million and $28 million for the nine months ended September 30, 2021 and 2020, respectively Based on market prices as of September 30, 2021, there were no unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— (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. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2021 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 $19.6 $— $19.6 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Prepayments and other $23.2 $— $23.2 Entergy Mississippi Natural gas swaps Prepayments and other $2.3 $— $2.3 Entergy New Orleans Financial transmission rights Prepayments and other $2.4 $— $2.4 Entergy Arkansas Financial transmission rights Prepayments and other $2.7 ($0.1) $2.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 $— $1.7 Entergy Texas The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2020 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $0.5 $— $0.5 Entergy Louisiana Financial transmission rights Prepayments and other $2.9 ($0.2) $2.7 Entergy Arkansas Financial transmission rights Prepayments and other $4.3 ($0.1) $4.2 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.2 ($0.1) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $1.6 $— $1.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $0.3 $— $0.3 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana Natural gas swaps Other current liabilities $5.0 $— $5.0 Entergy Mississippi Natural gas swaps Other current liabilities $0.3 $— $0.3 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 September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. As of December 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.3 million for Entergy Louisiana, $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $0.5 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 September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (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 other than those instruments held by the Entergy Wholesale Commodities business 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 and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. 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 and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validates forward market price
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. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities entered into forward contracts with its customers and also sold energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities used a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price fell, the combination of financial contracts was expected to settle in gains that offset lower revenue from generation, which resulted in a more predictable cash flow. Consistent with management’s strategy to shut down and sell all plants in the Entergy Wholesale Commodities merchant fleet, the Entergy Wholesale Commodities portfolio of derivative instruments expired in April 2021, which was the settlement date for the last financial derivative contracts in the Entergy Wholesale Commodities portfolio. 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 and interest rate swaps. 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 entered into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settled against day-ahead power pool prices were used to manage price exposure for Entergy Wholesale Commodities generation. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 99% for the remainder of 2021, all of which is sold under normal purchase/normal sale contracts. Total planned generation for the remainder of 2021 is 1.7 TWh. Entergy used standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitated the netting of cash flows associated with a single counterparty and may have included collateral requirements. Cash, letters of credit, and parental/affiliate guarantees were obtained as security from counterparties in order to mitigate credit risk. The collateral agreements required a counterparty to post cash or letters of credit in the event an exposure exceeded an established threshold. The threshold represented an unsecured credit limit, which may have been supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allowed for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. As of September 30, 2021, there were no outstanding derivative contracts held by Entergy Wholesale Commodities. As of December 31, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $5 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $39 million in letters of credit were required to be posted by counterparties to the Entergy subsidiary. 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 had executed natural gas swaps and options as of September 30, 2021 was 2.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2021 was 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2021 was 30,980,500 MMBtu for Entergy, including 18,260,000 MMBtu for Entergy Louisiana, 11,438,000 MMBtu for Entergy Mississippi, and 1,282,500 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 2021, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2021 through May 31, 2022. 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 Wholesale Commodities 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 September 30, 2021 was 91,873 GWh for Entergy, including 19,386 GWh for Entergy Arkansas, 41,531 GWh for Entergy Louisiana, 10,505 GWh for Entergy Mississippi, 4,242 GWh for Entergy New Orleans, and 15,849 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 Wholesale Commodities is covered by cash. As of September 30, 2021, $6 million in cash collateral was required to be posted by Entergy Wholesale Commodities to MISO. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of December 31, 2020. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2021 and for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2020. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2021 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) Business (In Millions) Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $39 $— $39 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $8 $— $8 Utility Financial transmission rights Prepayments and other $8 $— $8 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2020 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) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $39 ($1) $38 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $9 $— $9 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility (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 Sheet (d) Excludes cash collateral in the amount of $6 million posted as of September 30, 2021 and $5 million posted as of December 31, 2020. Also excludes letters of credit in the amount of $4 million posted as of September 30, 2021 and $1 million posted and $39 million held as of December 31, 2020. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $— Competitive businesses operating revenues $— 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 (a) Before taxes of $3 million for the three months ended September 30, 2020 The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $2 Competitive businesses operating revenues $40 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 (a) Before taxes of $8 million and $28 million for the nine months ended September 30, 2021 and 2020, respectively Based on market prices as of September 30, 2021, there were no unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— (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. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2021 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 $19.6 $— $19.6 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Prepayments and other $23.2 $— $23.2 Entergy Mississippi Natural gas swaps Prepayments and other $2.3 $— $2.3 Entergy New Orleans Financial transmission rights Prepayments and other $2.4 $— $2.4 Entergy Arkansas Financial transmission rights Prepayments and other $2.7 ($0.1) $2.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 $— $1.7 Entergy Texas The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2020 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $0.5 $— $0.5 Entergy Louisiana Financial transmission rights Prepayments and other $2.9 ($0.2) $2.7 Entergy Arkansas Financial transmission rights Prepayments and other $4.3 ($0.1) $4.2 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.2 ($0.1) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $1.6 $— $1.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $0.3 $— $0.3 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana Natural gas swaps Other current liabilities $5.0 $— $5.0 Entergy Mississippi Natural gas swaps Other current liabilities $0.3 $— $0.3 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 September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. As of December 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.3 million for Entergy Louisiana, $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $0.5 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 September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (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 other than those instruments held by the Entergy Wholesale Commodities business 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 and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. 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 and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validates forward market price
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. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities entered into forward contracts with its customers and also sold energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities used a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price fell, the combination of financial contracts was expected to settle in gains that offset lower revenue from generation, which resulted in a more predictable cash flow. Consistent with management’s strategy to shut down and sell all plants in the Entergy Wholesale Commodities merchant fleet, the Entergy Wholesale Commodities portfolio of derivative instruments expired in April 2021, which was the settlement date for the last financial derivative contracts in the Entergy Wholesale Commodities portfolio. 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 and interest rate swaps. 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 entered into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settled against day-ahead power pool prices were used to manage price exposure for Entergy Wholesale Commodities generation. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 99% for the remainder of 2021, all of which is sold under normal purchase/normal sale contracts. Total planned generation for the remainder of 2021 is 1.7 TWh. Entergy used standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitated the netting of cash flows associated with a single counterparty and may have included collateral requirements. Cash, letters of credit, and parental/affiliate guarantees were obtained as security from counterparties in order to mitigate credit risk. The collateral agreements required a counterparty to post cash or letters of credit in the event an exposure exceeded an established threshold. The threshold represented an unsecured credit limit, which may have been supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allowed for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. As of September 30, 2021, there were no outstanding derivative contracts held by Entergy Wholesale Commodities. As of December 31, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $5 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $39 million in letters of credit were required to be posted by counterparties to the Entergy subsidiary. 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 had executed natural gas swaps and options as of September 30, 2021 was 2.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2021 was 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2021 was 30,980,500 MMBtu for Entergy, including 18,260,000 MMBtu for Entergy Louisiana, 11,438,000 MMBtu for Entergy Mississippi, and 1,282,500 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 2021, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2021 through May 31, 2022. 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 Wholesale Commodities 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 September 30, 2021 was 91,873 GWh for Entergy, including 19,386 GWh for Entergy Arkansas, 41,531 GWh for Entergy Louisiana, 10,505 GWh for Entergy Mississippi, 4,242 GWh for Entergy New Orleans, and 15,849 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 Wholesale Commodities is covered by cash. As of September 30, 2021, $6 million in cash collateral was required to be posted by Entergy Wholesale Commodities to MISO. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of December 31, 2020. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2021 and for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2020. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2021 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) Business (In Millions) Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $39 $— $39 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $8 $— $8 Utility Financial transmission rights Prepayments and other $8 $— $8 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2020 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) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $39 ($1) $38 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $9 $— $9 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility (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 Sheet (d) Excludes cash collateral in the amount of $6 million posted as of September 30, 2021 and $5 million posted as of December 31, 2020. Also excludes letters of credit in the amount of $4 million posted as of September 30, 2021 and $1 million posted and $39 million held as of December 31, 2020. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $— Competitive businesses operating revenues $— 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 (a) Before taxes of $3 million for the three months ended September 30, 2020 The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $2 Competitive businesses operating revenues $40 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 (a) Before taxes of $8 million and $28 million for the nine months ended September 30, 2021 and 2020, respectively Based on market prices as of September 30, 2021, there were no unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— (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. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2021 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 $19.6 $— $19.6 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Prepayments and other $23.2 $— $23.2 Entergy Mississippi Natural gas swaps Prepayments and other $2.3 $— $2.3 Entergy New Orleans Financial transmission rights Prepayments and other $2.4 $— $2.4 Entergy Arkansas Financial transmission rights Prepayments and other $2.7 ($0.1) $2.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 $— $1.7 Entergy Texas The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2020 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $0.5 $— $0.5 Entergy Louisiana Financial transmission rights Prepayments and other $2.9 ($0.2) $2.7 Entergy Arkansas Financial transmission rights Prepayments and other $4.3 ($0.1) $4.2 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.2 ($0.1) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $1.6 $— $1.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $0.3 $— $0.3 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana Natural gas swaps Other current liabilities $5.0 $— $5.0 Entergy Mississippi Natural gas swaps Other current liabilities $0.3 $— $0.3 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 September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. As of December 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.3 million for Entergy Louisiana, $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $0.5 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 September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (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 other than those instruments held by the Entergy Wholesale Commodities business 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 and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. 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 and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validates forward market price
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. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities entered into forward contracts with its customers and also sold energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities used a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price fell, the combination of financial contracts was expected to settle in gains that offset lower revenue from generation, which resulted in a more predictable cash flow. Consistent with management’s strategy to shut down and sell all plants in the Entergy Wholesale Commodities merchant fleet, the Entergy Wholesale Commodities portfolio of derivative instruments expired in April 2021, which was the settlement date for the last financial derivative contracts in the Entergy Wholesale Commodities portfolio. 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 and interest rate swaps. 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 entered into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settled against day-ahead power pool prices were used to manage price exposure for Entergy Wholesale Commodities generation. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 99% for the remainder of 2021, all of which is sold under normal purchase/normal sale contracts. Total planned generation for the remainder of 2021 is 1.7 TWh. Entergy used standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitated the netting of cash flows associated with a single counterparty and may have included collateral requirements. Cash, letters of credit, and parental/affiliate guarantees were obtained as security from counterparties in order to mitigate credit risk. The collateral agreements required a counterparty to post cash or letters of credit in the event an exposure exceeded an established threshold. The threshold represented an unsecured credit limit, which may have been supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allowed for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. As of September 30, 2021, there were no outstanding derivative contracts held by Entergy Wholesale Commodities. As of December 31, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $5 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $39 million in letters of credit were required to be posted by counterparties to the Entergy subsidiary. 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 had executed natural gas swaps and options as of September 30, 2021 was 2.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2021 was 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2021 was 30,980,500 MMBtu for Entergy, including 18,260,000 MMBtu for Entergy Louisiana, 11,438,000 MMBtu for Entergy Mississippi, and 1,282,500 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 2021, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2021 through May 31, 2022. 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 Wholesale Commodities 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 September 30, 2021 was 91,873 GWh for Entergy, including 19,386 GWh for Entergy Arkansas, 41,531 GWh for Entergy Louisiana, 10,505 GWh for Entergy Mississippi, 4,242 GWh for Entergy New Orleans, and 15,849 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 Wholesale Commodities is covered by cash. As of September 30, 2021, $6 million in cash collateral was required to be posted by Entergy Wholesale Commodities to MISO. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of December 31, 2020. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2021 and for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2020. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2021 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) Business (In Millions) Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $39 $— $39 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $8 $— $8 Utility Financial transmission rights Prepayments and other $8 $— $8 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2020 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) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $39 ($1) $38 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $9 $— $9 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility (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 Sheet (d) Excludes cash collateral in the amount of $6 million posted as of September 30, 2021 and $5 million posted as of December 31, 2020. Also excludes letters of credit in the amount of $4 million posted as of September 30, 2021 and $1 million posted and $39 million held as of December 31, 2020. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $— Competitive businesses operating revenues $— 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 (a) Before taxes of $3 million for the three months ended September 30, 2020 The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $2 Competitive businesses operating revenues $40 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 (a) Before taxes of $8 million and $28 million for the nine months ended September 30, 2021 and 2020, respectively Based on market prices as of September 30, 2021, there were no unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— (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. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2021 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 $19.6 $— $19.6 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Prepayments and other $23.2 $— $23.2 Entergy Mississippi Natural gas swaps Prepayments and other $2.3 $— $2.3 Entergy New Orleans Financial transmission rights Prepayments and other $2.4 $— $2.4 Entergy Arkansas Financial transmission rights Prepayments and other $2.7 ($0.1) $2.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 $— $1.7 Entergy Texas The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2020 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $0.5 $— $0.5 Entergy Louisiana Financial transmission rights Prepayments and other $2.9 ($0.2) $2.7 Entergy Arkansas Financial transmission rights Prepayments and other $4.3 ($0.1) $4.2 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.2 ($0.1) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $1.6 $— $1.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $0.3 $— $0.3 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana Natural gas swaps Other current liabilities $5.0 $— $5.0 Entergy Mississippi Natural gas swaps Other current liabilities $0.3 $— $0.3 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 September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. As of December 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.3 million for Entergy Louisiana, $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $0.5 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 September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (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 other than those instruments held by the Entergy Wholesale Commodities business 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 and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. 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 and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validates forward market price
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. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities entered into forward contracts with its customers and also sold energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities used a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price fell, the combination of financial contracts was expected to settle in gains that offset lower revenue from generation, which resulted in a more predictable cash flow. Consistent with management’s strategy to shut down and sell all plants in the Entergy Wholesale Commodities merchant fleet, the Entergy Wholesale Commodities portfolio of derivative instruments expired in April 2021, which was the settlement date for the last financial derivative contracts in the Entergy Wholesale Commodities portfolio. 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 and interest rate swaps. 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 entered into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settled against day-ahead power pool prices were used to manage price exposure for Entergy Wholesale Commodities generation. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 99% for the remainder of 2021, all of which is sold under normal purchase/normal sale contracts. Total planned generation for the remainder of 2021 is 1.7 TWh. Entergy used standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitated the netting of cash flows associated with a single counterparty and may have included collateral requirements. Cash, letters of credit, and parental/affiliate guarantees were obtained as security from counterparties in order to mitigate credit risk. The collateral agreements required a counterparty to post cash or letters of credit in the event an exposure exceeded an established threshold. The threshold represented an unsecured credit limit, which may have been supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allowed for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. As of September 30, 2021, there were no outstanding derivative contracts held by Entergy Wholesale Commodities. As of December 31, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $5 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $39 million in letters of credit were required to be posted by counterparties to the Entergy subsidiary. 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 had executed natural gas swaps and options as of September 30, 2021 was 2.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2021 was 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2021 was 30,980,500 MMBtu for Entergy, including 18,260,000 MMBtu for Entergy Louisiana, 11,438,000 MMBtu for Entergy Mississippi, and 1,282,500 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 2021, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2021 through May 31, 2022. 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 Wholesale Commodities 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 September 30, 2021 was 91,873 GWh for Entergy, including 19,386 GWh for Entergy Arkansas, 41,531 GWh for Entergy Louisiana, 10,505 GWh for Entergy Mississippi, 4,242 GWh for Entergy New Orleans, and 15,849 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 Wholesale Commodities is covered by cash. As of September 30, 2021, $6 million in cash collateral was required to be posted by Entergy Wholesale Commodities to MISO. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of December 31, 2020. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2021 and for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2020. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2021 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) Business (In Millions) Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $39 $— $39 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $8 $— $8 Utility Financial transmission rights Prepayments and other $8 $— $8 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2020 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) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $39 ($1) $38 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $9 $— $9 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility (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 Sheet (d) Excludes cash collateral in the amount of $6 million posted as of September 30, 2021 and $5 million posted as of December 31, 2020. Also excludes letters of credit in the amount of $4 million posted as of September 30, 2021 and $1 million posted and $39 million held as of December 31, 2020. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $— Competitive businesses operating revenues $— 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 (a) Before taxes of $3 million for the three months ended September 30, 2020 The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $2 Competitive businesses operating revenues $40 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 (a) Before taxes of $8 million and $28 million for the nine months ended September 30, 2021 and 2020, respectively Based on market prices as of September 30, 2021, there were no unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— (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. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2021 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 $19.6 $— $19.6 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Prepayments and other $23.2 $— $23.2 Entergy Mississippi Natural gas swaps Prepayments and other $2.3 $— $2.3 Entergy New Orleans Financial transmission rights Prepayments and other $2.4 $— $2.4 Entergy Arkansas Financial transmission rights Prepayments and other $2.7 ($0.1) $2.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 $— $1.7 Entergy Texas The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2020 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $0.5 $— $0.5 Entergy Louisiana Financial transmission rights Prepayments and other $2.9 ($0.2) $2.7 Entergy Arkansas Financial transmission rights Prepayments and other $4.3 ($0.1) $4.2 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.2 ($0.1) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $1.6 $— $1.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $0.3 $— $0.3 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana Natural gas swaps Other current liabilities $5.0 $— $5.0 Entergy Mississippi Natural gas swaps Other current liabilities $0.3 $— $0.3 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 September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. As of December 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.3 million for Entergy Louisiana, $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $0.5 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 September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (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 other than those instruments held by the Entergy Wholesale Commodities business 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 and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. 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 and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validates forward market price
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. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities entered into forward contracts with its customers and also sold energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities used a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price fell, the combination of financial contracts was expected to settle in gains that offset lower revenue from generation, which resulted in a more predictable cash flow. Consistent with management’s strategy to shut down and sell all plants in the Entergy Wholesale Commodities merchant fleet, the Entergy Wholesale Commodities portfolio of derivative instruments expired in April 2021, which was the settlement date for the last financial derivative contracts in the Entergy Wholesale Commodities portfolio. 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 and interest rate swaps. 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 entered into derivatives to manage natural risks inherent in its physical or financial assets or liabilities. Electricity over-the-counter instruments and futures contracts that financially settled against day-ahead power pool prices were used to manage price exposure for Entergy Wholesale Commodities generation. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 99% for the remainder of 2021, all of which is sold under normal purchase/normal sale contracts. Total planned generation for the remainder of 2021 is 1.7 TWh. Entergy used standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitated the netting of cash flows associated with a single counterparty and may have included collateral requirements. Cash, letters of credit, and parental/affiliate guarantees were obtained as security from counterparties in order to mitigate credit risk. The collateral agreements required a counterparty to post cash or letters of credit in the event an exposure exceeded an established threshold. The threshold represented an unsecured credit limit, which may have been supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allowed for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. As of September 30, 2021, there were no outstanding derivative contracts held by Entergy Wholesale Commodities. As of December 31, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $5 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $39 million in letters of credit were required to be posted by counterparties to the Entergy subsidiary. 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 had executed natural gas swaps and options as of September 30, 2021 was 2.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2021 was 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2021 was 30,980,500 MMBtu for Entergy, including 18,260,000 MMBtu for Entergy Louisiana, 11,438,000 MMBtu for Entergy Mississippi, and 1,282,500 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 2021, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2021 through May 31, 2022. 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 Wholesale Commodities 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 September 30, 2021 was 91,873 GWh for Entergy, including 19,386 GWh for Entergy Arkansas, 41,531 GWh for Entergy Louisiana, 10,505 GWh for Entergy Mississippi, 4,242 GWh for Entergy New Orleans, and 15,849 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 Wholesale Commodities is covered by cash. As of September 30, 2021, $6 million in cash collateral was required to be posted by Entergy Wholesale Commodities to MISO. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of December 31, 2020. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2021 and for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2020. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2021 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) Business (In Millions) Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $39 $— $39 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $8 $— $8 Utility Financial transmission rights Prepayments and other $8 $— $8 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2020 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) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $39 ($1) $38 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $9 $— $9 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility (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 Sheet (d) Excludes cash collateral in the amount of $6 million posted as of September 30, 2021 and $5 million posted as of December 31, 2020. Also excludes letters of credit in the amount of $4 million posted as of September 30, 2021 and $1 million posted and $39 million held as of December 31, 2020. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $— Competitive businesses operating revenues $— 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 (a) Before taxes of $3 million for the three months ended September 30, 2020 The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $2 Competitive businesses operating revenues $40 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 (a) Before taxes of $8 million and $28 million for the nine months ended September 30, 2021 and 2020, respectively Based on market prices as of September 30, 2021, there were no unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— (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. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2021 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 $19.6 $— $19.6 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Prepayments and other $23.2 $— $23.2 Entergy Mississippi Natural gas swaps Prepayments and other $2.3 $— $2.3 Entergy New Orleans Financial transmission rights Prepayments and other $2.4 $— $2.4 Entergy Arkansas Financial transmission rights Prepayments and other $2.7 ($0.1) $2.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 $— $1.7 Entergy Texas The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2020 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $0.5 $— $0.5 Entergy Louisiana Financial transmission rights Prepayments and other $2.9 ($0.2) $2.7 Entergy Arkansas Financial transmission rights Prepayments and other $4.3 ($0.1) $4.2 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.2 ($0.1) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $1.6 $— $1.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $0.3 $— $0.3 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana Natural gas swaps Other current liabilities $5.0 $— $5.0 Entergy Mississippi Natural gas swaps Other current liabilities $0.3 $— $0.3 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 September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. As of December 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.3 million for Entergy Louisiana, $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $0.5 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 September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (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 other than those instruments held by the Entergy Wholesale Commodities business 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 and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. 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 and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk free rate are recorded as derivative contract assets or liabilities. For contracts that have unit contingent terms, a further discount is applied based on the historical relationship between contract and market prices for similar contract terms. The amounts reflected as the fair values of electricity options are valued based on a Black Scholes model, and are calculated at the end of each month for accounting purposes. Inputs to the valuation include end of day forward market prices for the period when the transactions will settle, implied volatilities based on market volatilities provided by a third-party data aggregator, and U.S. Treasury rates for a risk-free return rate. As described further below, prices and implied volatilities are reviewed and can be adjusted if it is determined that there is a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculates the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validates forward market price

Decommissioning Trust Funds

Decommissioning Trust Funds	9 Months Ended
	Sep. 30, 2021
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, Grand Gulf, and Palisades. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. As discussed in Note 14 to the financial statements herein, in May 2021, Entergy completed the transfer of Indian Point 1, Indian Point 2, and Indian Point 3 to Holtec. As part of the transaction, Entergy transferred the Indian Point 1, Indian Point 2, and Indian Point 3 decommissioning trust funds to Holtec. The disposition-date fair value of the decommissioning trust funds was approximately $2,387 million. 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 Entergy Wholesale Commodities nuclear plants do not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds are 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. A portion of Entergy’s decommissioning trust funds were held in a wholly-owned registered investment company, and unrealized gains and losses on both the equity and debt securities held in the registered investment company were recognized in earnings. In December 2020, Entergy liquidated its interest in the registered investment company. 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. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($22) million and $359 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $2,055 $74 $10 2020 Debt Securities $2,617 $197 $3 The unrealized gains/(losses) above are reported before deferred taxes of $4 million as of September 30, 2021 and $31 million as of December 31, 2020 for debt securities. The amortized cost of available-for-sale debt securities was $1,992 million as of September 30, 2021 and $2,423 million as of December 31, 2020. As of September 30, 2021, available-for-sale debt securities had an average coupon rate of approximately 2.73%, an average duration of approximately 6.76 years, and an average maturity of approximately 10.36 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $650 $9 $187 $3 More than 12 months 35 1 2 — Total $685 $10 $189 $3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— ($4) 1 year - 5 years 431 672 5 years - 10 years 679 852 10 years - 15 years 346 377 15 years - 20 years 122 144 20 years+ 477 576 Total $2,055 $2,617 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $354 million and $156 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $8 million and $9 million, respectively, and gross losses of $2 million and $0.2 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $1,151 million and $832 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $24 million and $38 million, respectively, and gross losses of $15 million and $4 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. The fair value of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plant as of September 30, 2021 was $562 million for Palisades. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of December 31, 2020 were $631 million for Indian Point 1, $794 million for Indian Point 2, $991 million for Indian Point 3, and $554 million for Palisades. The fair values of the decommissioning trust funds for the Registrant Subsidiaries’ nuclear plants are detailed below. 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $477.9 $13.3 $3.4 2020 Debt Securities $447.9 $27.7 $0.3 The amortized cost of available-for-sale debt securities was $468 million as of September 30, 2021 and $420.4 million as of December 31, 2020. As of September 30, 2021, available-for-sale debt securities had an average coupon rate of approximately 2.26%, an average duration of approximately 6.10 years, and an average maturity of approximately 7.16 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($8) million and $93.9 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $171.1 $2.6 $29.9 $0.3 More than 12 months 17.5 0.8 — — Total $188.6 $3.4 $29.9 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— $— 1 year - 5 years 74.2 113.1 5 years - 10 years 207.3 189.8 10 years - 15 years 131.6 81.4 15 years - 20 years 31.3 28.5 20 years+ 33.5 35.1 Total $477.9 $447.9 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $20.6 million and $14.6 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $0.7 million and $1.7 million, respectively, and gross losses of $0.2 million and $3.6 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $46.7 million and $80.9 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $2.3 million and $7.5 million, respectively, and gross losses of $0.3 million and $0.2 million, respectively, related to available-for-sale securities were 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $705.8 $33.1 $3.3 2020 Debt Securities $632.2 $51.3 $0.5 The amortized cost of available-for-sale debt securities was $676 million as of September 30, 2021 and $581.4 million as of December 31, 2020. As of September 30, 2021, the available-for-sale debt securities had an average coupon rate of approximately 3.42%, an average duration of approximately 6.74 years, and an average maturity of approximately 12.29 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($6.7) million and $150.6 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $173.2 $2.6 $36.4 $0.5 More than 12 months 15.0 0.7 0.8 — Total $188.2 $3.3 $37.2 $0.5 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— $— 1 year - 5 years 117.0 117.0 5 years - 10 years 191.0 159.4 10 years - 15 years 109.5 101.2 15 years - 20 years 77.6 66.9 20 years+ 210.7 187.7 Total $705.8 $632.2 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $20.5 million and $30.6 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $0.9 million and $1.4 million, respectively, and gross losses of $23.5 thousand and $1.3 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $191.4 million and $132.1 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $5.6 million and $6.3 million, respectively, and gross losses of $3.4 million and $0.7 million, respectively, related to available-for-sale securities were 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $468.0 $12.5 $2.4 2020 Debt Securities $427.7 $30.0 $0.8 The amortized cost of available-for-sale debt securities was $458 million as of September 30, 2021 and $398.4 million as of December 31, 2020. As of September 30, 2021, available-for-sale debt securities had an average coupon rate of approximately 2.28%, an average duration of approximately 7.18 years, and an average maturity of approximately 10.18 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($7.1) million and $96.1 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $200.6 $2.4 $28.9 $0.8 More than 12 months 1.4 — — — Total $202.0 $2.4 $28.9 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— ($1.1) 1 year - 5 years 149.2 134.7 5 years - 10 years 147.0 141.5 10 years - 15 years 40.2 31.5 15 years - 20 years 1.2 5.3 20 years+ 130.4 115.8 Total $468.0 $427.7 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $292.8 million and $24.1 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $5.9 million and $1.6 million, respectively, and gross losses of $2 million and $9.9 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $468.5 million and $189.7 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $9 million and $8.6 million, respectively, and gross losses of $3.8 million and $0.4 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses
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, Grand Gulf, and Palisades. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. As discussed in Note 14 to the financial statements herein, in May 2021, Entergy completed the transfer of Indian Point 1, Indian Point 2, and Indian Point 3 to Holtec. As part of the transaction, Entergy transferred the Indian Point 1, Indian Point 2, and Indian Point 3 decommissioning trust funds to Holtec. The disposition-date fair value of the decommissioning trust funds was approximately $2,387 million. 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 Entergy Wholesale Commodities nuclear plants do not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds are 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. A portion of Entergy’s decommissioning trust funds were held in a wholly-owned registered investment company, and unrealized gains and losses on both the equity and debt securities held in the registered investment company were recognized in earnings. In December 2020, Entergy liquidated its interest in the registered investment company. 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. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($22) million and $359 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $2,055 $74 $10 2020 Debt Securities $2,617 $197 $3 The unrealized gains/(losses) above are reported before deferred taxes of $4 million as of September 30, 2021 and $31 million as of December 31, 2020 for debt securities. The amortized cost of available-for-sale debt securities was $1,992 million as of September 30, 2021 and $2,423 million as of December 31, 2020. As of September 30, 2021, available-for-sale debt securities had an average coupon rate of approximately 2.73%, an average duration of approximately 6.76 years, and an average maturity of approximately 10.36 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $650 $9 $187 $3 More than 12 months 35 1 2 — Total $685 $10 $189 $3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— ($4) 1 year - 5 years 431 672 5 years - 10 years 679 852 10 years - 15 years 346 377 15 years - 20 years 122 144 20 years+ 477 576 Total $2,055 $2,617 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $354 million and $156 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $8 million and $9 million, respectively, and gross losses of $2 million and $0.2 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $1,151 million and $832 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $24 million and $38 million, respectively, and gross losses of $15 million and $4 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. The fair value of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plant as of September 30, 2021 was $562 million for Palisades. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of December 31, 2020 were $631 million for Indian Point 1, $794 million for Indian Point 2, $991 million for Indian Point 3, and $554 million for Palisades. The fair values of the decommissioning trust funds for the Registrant Subsidiaries’ nuclear plants are detailed below. 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $477.9 $13.3 $3.4 2020 Debt Securities $447.9 $27.7 $0.3 The amortized cost of available-for-sale debt securities was $468 million as of September 30, 2021 and $420.4 million as of December 31, 2020. As of September 30, 2021, available-for-sale debt securities had an average coupon rate of approximately 2.26%, an average duration of approximately 6.10 years, and an average maturity of approximately 7.16 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($8) million and $93.9 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $171.1 $2.6 $29.9 $0.3 More than 12 months 17.5 0.8 — — Total $188.6 $3.4 $29.9 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— $— 1 year - 5 years 74.2 113.1 5 years - 10 years 207.3 189.8 10 years - 15 years 131.6 81.4 15 years - 20 years 31.3 28.5 20 years+ 33.5 35.1 Total $477.9 $447.9 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $20.6 million and $14.6 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $0.7 million and $1.7 million, respectively, and gross losses of $0.2 million and $3.6 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $46.7 million and $80.9 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $2.3 million and $7.5 million, respectively, and gross losses of $0.3 million and $0.2 million, respectively, related to available-for-sale securities were 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $705.8 $33.1 $3.3 2020 Debt Securities $632.2 $51.3 $0.5 The amortized cost of available-for-sale debt securities was $676 million as of September 30, 2021 and $581.4 million as of December 31, 2020. As of September 30, 2021, the available-for-sale debt securities had an average coupon rate of approximately 3.42%, an average duration of approximately 6.74 years, and an average maturity of approximately 12.29 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($6.7) million and $150.6 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $173.2 $2.6 $36.4 $0.5 More than 12 months 15.0 0.7 0.8 — Total $188.2 $3.3 $37.2 $0.5 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— $— 1 year - 5 years 117.0 117.0 5 years - 10 years 191.0 159.4 10 years - 15 years 109.5 101.2 15 years - 20 years 77.6 66.9 20 years+ 210.7 187.7 Total $705.8 $632.2 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $20.5 million and $30.6 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $0.9 million and $1.4 million, respectively, and gross losses of $23.5 thousand and $1.3 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $191.4 million and $132.1 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $5.6 million and $6.3 million, respectively, and gross losses of $3.4 million and $0.7 million, respectively, related to available-for-sale securities were 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $468.0 $12.5 $2.4 2020 Debt Securities $427.7 $30.0 $0.8 The amortized cost of available-for-sale debt securities was $458 million as of September 30, 2021 and $398.4 million as of December 31, 2020. As of September 30, 2021, available-for-sale debt securities had an average coupon rate of approximately 2.28%, an average duration of approximately 7.18 years, and an average maturity of approximately 10.18 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($7.1) million and $96.1 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $200.6 $2.4 $28.9 $0.8 More than 12 months 1.4 — — — Total $202.0 $2.4 $28.9 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— ($1.1) 1 year - 5 years 149.2 134.7 5 years - 10 years 147.0 141.5 10 years - 15 years 40.2 31.5 15 years - 20 years 1.2 5.3 20 years+ 130.4 115.8 Total $468.0 $427.7 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $292.8 million and $24.1 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $5.9 million and $1.6 million, respectively, and gross losses of $2 million and $9.9 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $468.5 million and $189.7 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $9 million and $8.6 million, respectively, and gross losses of $3.8 million and $0.4 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses
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, Grand Gulf, and Palisades. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. As discussed in Note 14 to the financial statements herein, in May 2021, Entergy completed the transfer of Indian Point 1, Indian Point 2, and Indian Point 3 to Holtec. As part of the transaction, Entergy transferred the Indian Point 1, Indian Point 2, and Indian Point 3 decommissioning trust funds to Holtec. The disposition-date fair value of the decommissioning trust funds was approximately $2,387 million. 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 Entergy Wholesale Commodities nuclear plants do not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds are 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. A portion of Entergy’s decommissioning trust funds were held in a wholly-owned registered investment company, and unrealized gains and losses on both the equity and debt securities held in the registered investment company were recognized in earnings. In December 2020, Entergy liquidated its interest in the registered investment company. 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. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($22) million and $359 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $2,055 $74 $10 2020 Debt Securities $2,617 $197 $3 The unrealized gains/(losses) above are reported before deferred taxes of $4 million as of September 30, 2021 and $31 million as of December 31, 2020 for debt securities. The amortized cost of available-for-sale debt securities was $1,992 million as of September 30, 2021 and $2,423 million as of December 31, 2020. As of September 30, 2021, available-for-sale debt securities had an average coupon rate of approximately 2.73%, an average duration of approximately 6.76 years, and an average maturity of approximately 10.36 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $650 $9 $187 $3 More than 12 months 35 1 2 — Total $685 $10 $189 $3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— ($4) 1 year - 5 years 431 672 5 years - 10 years 679 852 10 years - 15 years 346 377 15 years - 20 years 122 144 20 years+ 477 576 Total $2,055 $2,617 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $354 million and $156 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $8 million and $9 million, respectively, and gross losses of $2 million and $0.2 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $1,151 million and $832 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $24 million and $38 million, respectively, and gross losses of $15 million and $4 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. The fair value of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plant as of September 30, 2021 was $562 million for Palisades. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of December 31, 2020 were $631 million for Indian Point 1, $794 million for Indian Point 2, $991 million for Indian Point 3, and $554 million for Palisades. The fair values of the decommissioning trust funds for the Registrant Subsidiaries’ nuclear plants are detailed below. 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $477.9 $13.3 $3.4 2020 Debt Securities $447.9 $27.7 $0.3 The amortized cost of available-for-sale debt securities was $468 million as of September 30, 2021 and $420.4 million as of December 31, 2020. As of September 30, 2021, available-for-sale debt securities had an average coupon rate of approximately 2.26%, an average duration of approximately 6.10 years, and an average maturity of approximately 7.16 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($8) million and $93.9 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $171.1 $2.6 $29.9 $0.3 More than 12 months 17.5 0.8 — — Total $188.6 $3.4 $29.9 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— $— 1 year - 5 years 74.2 113.1 5 years - 10 years 207.3 189.8 10 years - 15 years 131.6 81.4 15 years - 20 years 31.3 28.5 20 years+ 33.5 35.1 Total $477.9 $447.9 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $20.6 million and $14.6 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $0.7 million and $1.7 million, respectively, and gross losses of $0.2 million and $3.6 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $46.7 million and $80.9 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $2.3 million and $7.5 million, respectively, and gross losses of $0.3 million and $0.2 million, respectively, related to available-for-sale securities were 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $705.8 $33.1 $3.3 2020 Debt Securities $632.2 $51.3 $0.5 The amortized cost of available-for-sale debt securities was $676 million as of September 30, 2021 and $581.4 million as of December 31, 2020. As of September 30, 2021, the available-for-sale debt securities had an average coupon rate of approximately 3.42%, an average duration of approximately 6.74 years, and an average maturity of approximately 12.29 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($6.7) million and $150.6 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $173.2 $2.6 $36.4 $0.5 More than 12 months 15.0 0.7 0.8 — Total $188.2 $3.3 $37.2 $0.5 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— $— 1 year - 5 years 117.0 117.0 5 years - 10 years 191.0 159.4 10 years - 15 years 109.5 101.2 15 years - 20 years 77.6 66.9 20 years+ 210.7 187.7 Total $705.8 $632.2 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $20.5 million and $30.6 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $0.9 million and $1.4 million, respectively, and gross losses of $23.5 thousand and $1.3 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $191.4 million and $132.1 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $5.6 million and $6.3 million, respectively, and gross losses of $3.4 million and $0.7 million, respectively, related to available-for-sale securities were 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $468.0 $12.5 $2.4 2020 Debt Securities $427.7 $30.0 $0.8 The amortized cost of available-for-sale debt securities was $458 million as of September 30, 2021 and $398.4 million as of December 31, 2020. As of September 30, 2021, available-for-sale debt securities had an average coupon rate of approximately 2.28%, an average duration of approximately 7.18 years, and an average maturity of approximately 10.18 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($7.1) million and $96.1 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $200.6 $2.4 $28.9 $0.8 More than 12 months 1.4 — — — Total $202.0 $2.4 $28.9 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— ($1.1) 1 year - 5 years 149.2 134.7 5 years - 10 years 147.0 141.5 10 years - 15 years 40.2 31.5 15 years - 20 years 1.2 5.3 20 years+ 130.4 115.8 Total $468.0 $427.7 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $292.8 million and $24.1 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $5.9 million and $1.6 million, respectively, and gross losses of $2 million and $9.9 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $468.5 million and $189.7 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $9 million and $8.6 million, respectively, and gross losses of $3.8 million and $0.4 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses
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, Grand Gulf, and Palisades. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. As discussed in Note 14 to the financial statements herein, in May 2021, Entergy completed the transfer of Indian Point 1, Indian Point 2, and Indian Point 3 to Holtec. As part of the transaction, Entergy transferred the Indian Point 1, Indian Point 2, and Indian Point 3 decommissioning trust funds to Holtec. The disposition-date fair value of the decommissioning trust funds was approximately $2,387 million. 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 Entergy Wholesale Commodities nuclear plants do not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds are 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. A portion of Entergy’s decommissioning trust funds were held in a wholly-owned registered investment company, and unrealized gains and losses on both the equity and debt securities held in the registered investment company were recognized in earnings. In December 2020, Entergy liquidated its interest in the registered investment company. 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. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($22) million and $359 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $2,055 $74 $10 2020 Debt Securities $2,617 $197 $3 The unrealized gains/(losses) above are reported before deferred taxes of $4 million as of September 30, 2021 and $31 million as of December 31, 2020 for debt securities. The amortized cost of available-for-sale debt securities was $1,992 million as of September 30, 2021 and $2,423 million as of December 31, 2020. As of September 30, 2021, available-for-sale debt securities had an average coupon rate of approximately 2.73%, an average duration of approximately 6.76 years, and an average maturity of approximately 10.36 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $650 $9 $187 $3 More than 12 months 35 1 2 — Total $685 $10 $189 $3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— ($4) 1 year - 5 years 431 672 5 years - 10 years 679 852 10 years - 15 years 346 377 15 years - 20 years 122 144 20 years+ 477 576 Total $2,055 $2,617 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $354 million and $156 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $8 million and $9 million, respectively, and gross losses of $2 million and $0.2 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $1,151 million and $832 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $24 million and $38 million, respectively, and gross losses of $15 million and $4 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. The fair value of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plant as of September 30, 2021 was $562 million for Palisades. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of December 31, 2020 were $631 million for Indian Point 1, $794 million for Indian Point 2, $991 million for Indian Point 3, and $554 million for Palisades. The fair values of the decommissioning trust funds for the Registrant Subsidiaries’ nuclear plants are detailed below. 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $477.9 $13.3 $3.4 2020 Debt Securities $447.9 $27.7 $0.3 The amortized cost of available-for-sale debt securities was $468 million as of September 30, 2021 and $420.4 million as of December 31, 2020. As of September 30, 2021, available-for-sale debt securities had an average coupon rate of approximately 2.26%, an average duration of approximately 6.10 years, and an average maturity of approximately 7.16 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($8) million and $93.9 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $171.1 $2.6 $29.9 $0.3 More than 12 months 17.5 0.8 — — Total $188.6 $3.4 $29.9 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— $— 1 year - 5 years 74.2 113.1 5 years - 10 years 207.3 189.8 10 years - 15 years 131.6 81.4 15 years - 20 years 31.3 28.5 20 years+ 33.5 35.1 Total $477.9 $447.9 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $20.6 million and $14.6 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $0.7 million and $1.7 million, respectively, and gross losses of $0.2 million and $3.6 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $46.7 million and $80.9 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $2.3 million and $7.5 million, respectively, and gross losses of $0.3 million and $0.2 million, respectively, related to available-for-sale securities were 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $705.8 $33.1 $3.3 2020 Debt Securities $632.2 $51.3 $0.5 The amortized cost of available-for-sale debt securities was $676 million as of September 30, 2021 and $581.4 million as of December 31, 2020. As of September 30, 2021, the available-for-sale debt securities had an average coupon rate of approximately 3.42%, an average duration of approximately 6.74 years, and an average maturity of approximately 12.29 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($6.7) million and $150.6 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $173.2 $2.6 $36.4 $0.5 More than 12 months 15.0 0.7 0.8 — Total $188.2 $3.3 $37.2 $0.5 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— $— 1 year - 5 years 117.0 117.0 5 years - 10 years 191.0 159.4 10 years - 15 years 109.5 101.2 15 years - 20 years 77.6 66.9 20 years+ 210.7 187.7 Total $705.8 $632.2 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $20.5 million and $30.6 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $0.9 million and $1.4 million, respectively, and gross losses of $23.5 thousand and $1.3 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $191.4 million and $132.1 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $5.6 million and $6.3 million, respectively, and gross losses of $3.4 million and $0.7 million, respectively, related to available-for-sale securities were 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 September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $468.0 $12.5 $2.4 2020 Debt Securities $427.7 $30.0 $0.8 The amortized cost of available-for-sale debt securities was $458 million as of September 30, 2021 and $398.4 million as of December 31, 2020. As of September 30, 2021, available-for-sale debt securities had an average coupon rate of approximately 2.28%, an average duration of approximately 7.18 years, and an average maturity of approximately 10.18 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2021 on equity securities still held as of September 30, 2021 were ($7.1) million and $96.1 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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $200.6 $2.4 $28.9 $0.8 More than 12 months 1.4 — — — Total $202.0 $2.4 $28.9 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— ($1.1) 1 year - 5 years 149.2 134.7 5 years - 10 years 147.0 141.5 10 years - 15 years 40.2 31.5 15 years - 20 years 1.2 5.3 20 years+ 130.4 115.8 Total $468.0 $427.7 During the three months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $292.8 million and $24.1 million, respectively. During the three months ended September 30, 2021 and 2020, gross gains of $5.9 million and $1.6 million, respectively, and gross losses of $2 million and $9.9 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2021 and 2020, proceeds from the dispositions of available-for-sale securities amounted to $468.5 million and $189.7 million, respectively. During the nine months ended September 30, 2021 and 2020, gross gains of $9 million and $8.6 million, respectively, and gross losses of $3.8 million and $0.4 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2021
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. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2021 2020 2021 2020 (In Millions) Entergy $17 $17 $72 $61 Entergy Arkansas $— ($2) $8 $9 Entergy Louisiana $8 $8 $24 $24 Entergy New Orleans $— $1 $— $6 Entergy Texas $9 $10 $22 $22 System Energy $— $— $18 $— Valuation Allowance
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. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2021 2020 2021 2020 (In Millions) Entergy $17 $17 $72 $61 Entergy Arkansas $— ($2) $8 $9 Entergy Louisiana $8 $8 $24 $24 Entergy New Orleans $— $1 $— $6 Entergy Texas $9 $10 $22 $22 System Energy $— $— $18 $— Valuation Allowance
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. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2021 2020 2021 2020 (In Millions) Entergy $17 $17 $72 $61 Entergy Arkansas $— ($2) $8 $9 Entergy Louisiana $8 $8 $24 $24 Entergy New Orleans $— $1 $— $6 Entergy Texas $9 $10 $22 $22 System Energy $— $— $18 $— Valuation Allowance
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. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2021 2020 2021 2020 (In Millions) Entergy $17 $17 $72 $61 Entergy Arkansas $— ($2) $8 $9 Entergy Louisiana $8 $8 $24 $24 Entergy New Orleans $— $1 $— $6 Entergy Texas $9 $10 $22 $22 System Energy $— $— $18 $— Valuation Allowance
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. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2021 2020 2021 2020 (In Millions) Entergy $17 $17 $72 $61 Entergy Arkansas $— ($2) $8 $9 Entergy Louisiana $8 $8 $24 $24 Entergy New Orleans $— $1 $— $6 Entergy Texas $9 $10 $22 $22 System Energy $— $— $18 $— Valuation Allowance
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. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2021 2020 2021 2020 (In Millions) Entergy $17 $17 $72 $61 Entergy Arkansas $— ($2) $8 $9 Entergy Louisiana $8 $8 $24 $24 Entergy New Orleans $— $1 $— $6 Entergy Texas $9 $10 $22 $22 System Energy $— $— $18 $— Valuation Allowance
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. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2021 2020 2021 2020 (In Millions) Entergy $17 $17 $72 $61 Entergy Arkansas $— ($2) $8 $9 Entergy Louisiana $8 $8 $24 $24 Entergy New Orleans $— $1 $— $6 Entergy Texas $9 $10 $22 $22 System Energy $— $— $18 $— Valuation Allowance

Property, Plant, And Equipment

Property, Plant, And Equipment	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 were $1,783 million for Entergy, $38.9 million for Entergy Arkansas, $1,552.9 million for Entergy Louisiana, $25.5 million for Entergy Mississippi, $77.6 million for Entergy New Orleans, $42.3 million for Entergy Texas, and $17.5 million for System Energy. Construction expenditures included in accounts payable at December 31, 2020 were $745 million for Entergy, $59.7 million for Entergy Arkansas, $460.5 million for Entergy Louisiana, $31.4 million for Entergy Mississippi, $9.2 million for Entergy New Orleans, $116.8 million for Entergy Texas, and $17.7 million for System Energy.
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 September 30, 2021 were $1,783 million for Entergy, $38.9 million for Entergy Arkansas, $1,552.9 million for Entergy Louisiana, $25.5 million for Entergy Mississippi, $77.6 million for Entergy New Orleans, $42.3 million for Entergy Texas, and $17.5 million for System Energy. Construction expenditures included in accounts payable at December 31, 2020 were $745 million for Entergy, $59.7 million for Entergy Arkansas, $460.5 million for Entergy Louisiana, $31.4 million for Entergy Mississippi, $9.2 million for Entergy New Orleans, $116.8 million for Entergy Texas, and $17.7 million for System Energy.
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 September 30, 2021 were $1,783 million for Entergy, $38.9 million for Entergy Arkansas, $1,552.9 million for Entergy Louisiana, $25.5 million for Entergy Mississippi, $77.6 million for Entergy New Orleans, $42.3 million for Entergy Texas, and $17.5 million for System Energy. Construction expenditures included in accounts payable at December 31, 2020 were $745 million for Entergy, $59.7 million for Entergy Arkansas, $460.5 million for Entergy Louisiana, $31.4 million for Entergy Mississippi, $9.2 million for Entergy New Orleans, $116.8 million for Entergy Texas, and $17.7 million for System Energy.
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 September 30, 2021 were $1,783 million for Entergy, $38.9 million for Entergy Arkansas, $1,552.9 million for Entergy Louisiana, $25.5 million for Entergy Mississippi, $77.6 million for Entergy New Orleans, $42.3 million for Entergy Texas, and $17.5 million for System Energy. Construction expenditures included in accounts payable at December 31, 2020 were $745 million for Entergy, $59.7 million for Entergy Arkansas, $460.5 million for Entergy Louisiana, $31.4 million for Entergy Mississippi, $9.2 million for Entergy New Orleans, $116.8 million for Entergy Texas, and $17.7 million for System Energy.
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 September 30, 2021 were $1,783 million for Entergy, $38.9 million for Entergy Arkansas, $1,552.9 million for Entergy Louisiana, $25.5 million for Entergy Mississippi, $77.6 million for Entergy New Orleans, $42.3 million for Entergy Texas, and $17.5 million for System Energy. Construction expenditures included in accounts payable at December 31, 2020 were $745 million for Entergy, $59.7 million for Entergy Arkansas, $460.5 million for Entergy Louisiana, $31.4 million for Entergy Mississippi, $9.2 million for Entergy New Orleans, $116.8 million for Entergy Texas, and $17.7 million for System Energy.
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 September 30, 2021 were $1,783 million for Entergy, $38.9 million for Entergy Arkansas, $1,552.9 million for Entergy Louisiana, $25.5 million for Entergy Mississippi, $77.6 million for Entergy New Orleans, $42.3 million for Entergy Texas, and $17.5 million for System Energy. Construction expenditures included in accounts payable at December 31, 2020 were $745 million for Entergy, $59.7 million for Entergy Arkansas, $460.5 million for Entergy Louisiana, $31.4 million for Entergy Mississippi, $9.2 million for Entergy New Orleans, $116.8 million for Entergy Texas, and $17.7 million for System Energy.
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 September 30, 2021 were $1,783 million for Entergy, $38.9 million for Entergy Arkansas, $1,552.9 million for Entergy Louisiana, $25.5 million for Entergy Mississippi, $77.6 million for Entergy New Orleans, $42.3 million for Entergy Texas, and $17.5 million for System Energy. Construction expenditures included in accounts payable at December 31, 2020 were $745 million for Entergy, $59.7 million for Entergy Arkansas, $460.5 million for Entergy Louisiana, $31.4 million for Entergy Mississippi, $9.2 million for Entergy New Orleans, $116.8 million for Entergy Texas, and $17.7 million for System Energy.

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Sep. 30, 2021
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. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. 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 the three months ended September 30, 2021 and in the three months ended September 30, 2020. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2021 and in the nine months ended September 30, 2020.
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. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. 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 the three months ended September 30, 2021 and in the three months ended September 30, 2020. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2021 and in the nine months ended September 30, 2020.
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. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. 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 the three months ended September 30, 2021 and in the three months ended September 30, 2020. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2021 and in the nine months ended September 30, 2020.
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. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. 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 the three months ended September 30, 2021 and in the three months ended September 30, 2020. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2021 and in the nine months ended September 30, 2020.
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. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. 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 the three months ended September 30, 2021 and in the three months ended September 30, 2020. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2021 and in the nine months ended September 30, 2020.
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. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. 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 the three months ended September 30, 2021 and in the three months ended September 30, 2020. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2021 and in the nine months ended September 30, 2020.
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. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. 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 the three months ended September 30, 2021 and in the three months ended September 30, 2020. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2021 and in the nine months ended September 30, 2020.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2021
Revenue Recognition	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 September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $1,291,645 $1,153,220 Commercial 756,903 647,119 Industrial 814,685 589,648 Governmental 66,167 56,710 Total billed retail 2,929,400 2,446,697 Sales for resale (a) 135,220 145,187 Other electric revenues (b) 81,343 69,122 Revenues from contracts with customers 3,145,963 2,661,006 Other revenues (c) 14,006 5,799 Total electric revenues 3,159,969 2,666,805 Natural gas 31,254 22,357 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 158,608 195,184 Other revenues (c) 3,701 19,222 Total competitive businesses revenues 162,309 214,406 Total operating revenues $3,353,532 $2,903,568 Entergy’s total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $3,114,084 $2,742,118 Commercial 1,958,284 1,712,179 Industrial 2,169,295 1,723,367 Governmental 184,576 156,251 Total billed retail 7,426,239 6,333,915 Sales for resale (a) 459,425 251,674 Other electric revenues (b) 348,683 288,009 Revenues from contracts with customers 8,234,347 6,873,598 Other revenues (c) 105,417 34,401 Total electric revenues 8,339,764 6,907,999 Natural gas 121,420 88,829 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 537,402 586,906 Other revenues (c) 21,854 159,800 Total competitive businesses revenues 559,256 746,706 Total operating revenues $9,020,440 $7,743,534 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 (a) Sales for resale and competitive businesses sales include 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 and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded increases in its allowance for doubtful accounts in 2020. The following table sets forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 30, 2021 and 2020. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2020 $117.7 $18.3 $45.7 $19.5 $17.4 $16.8 Provisions 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6
Entergy Arkansas [Member]
Revenue Recognition	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 September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $1,291,645 $1,153,220 Commercial 756,903 647,119 Industrial 814,685 589,648 Governmental 66,167 56,710 Total billed retail 2,929,400 2,446,697 Sales for resale (a) 135,220 145,187 Other electric revenues (b) 81,343 69,122 Revenues from contracts with customers 3,145,963 2,661,006 Other revenues (c) 14,006 5,799 Total electric revenues 3,159,969 2,666,805 Natural gas 31,254 22,357 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 158,608 195,184 Other revenues (c) 3,701 19,222 Total competitive businesses revenues 162,309 214,406 Total operating revenues $3,353,532 $2,903,568 Entergy’s total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $3,114,084 $2,742,118 Commercial 1,958,284 1,712,179 Industrial 2,169,295 1,723,367 Governmental 184,576 156,251 Total billed retail 7,426,239 6,333,915 Sales for resale (a) 459,425 251,674 Other electric revenues (b) 348,683 288,009 Revenues from contracts with customers 8,234,347 6,873,598 Other revenues (c) 105,417 34,401 Total electric revenues 8,339,764 6,907,999 Natural gas 121,420 88,829 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 537,402 586,906 Other revenues (c) 21,854 159,800 Total competitive businesses revenues 559,256 746,706 Total operating revenues $9,020,440 $7,743,534 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 (a) Sales for resale and competitive businesses sales include 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 and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded increases in its allowance for doubtful accounts in 2020. The following table sets forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 30, 2021 and 2020. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2020 $117.7 $18.3 $45.7 $19.5 $17.4 $16.8 Provisions 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6
Entergy Louisiana [Member]
Revenue Recognition	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 September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $1,291,645 $1,153,220 Commercial 756,903 647,119 Industrial 814,685 589,648 Governmental 66,167 56,710 Total billed retail 2,929,400 2,446,697 Sales for resale (a) 135,220 145,187 Other electric revenues (b) 81,343 69,122 Revenues from contracts with customers 3,145,963 2,661,006 Other revenues (c) 14,006 5,799 Total electric revenues 3,159,969 2,666,805 Natural gas 31,254 22,357 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 158,608 195,184 Other revenues (c) 3,701 19,222 Total competitive businesses revenues 162,309 214,406 Total operating revenues $3,353,532 $2,903,568 Entergy’s total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $3,114,084 $2,742,118 Commercial 1,958,284 1,712,179 Industrial 2,169,295 1,723,367 Governmental 184,576 156,251 Total billed retail 7,426,239 6,333,915 Sales for resale (a) 459,425 251,674 Other electric revenues (b) 348,683 288,009 Revenues from contracts with customers 8,234,347 6,873,598 Other revenues (c) 105,417 34,401 Total electric revenues 8,339,764 6,907,999 Natural gas 121,420 88,829 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 537,402 586,906 Other revenues (c) 21,854 159,800 Total competitive businesses revenues 559,256 746,706 Total operating revenues $9,020,440 $7,743,534 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 (a) Sales for resale and competitive businesses sales include 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 and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded increases in its allowance for doubtful accounts in 2020. The following table sets forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 30, 2021 and 2020. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2020 $117.7 $18.3 $45.7 $19.5 $17.4 $16.8 Provisions 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6
Entergy Mississippi [Member]
Revenue Recognition	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 September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $1,291,645 $1,153,220 Commercial 756,903 647,119 Industrial 814,685 589,648 Governmental 66,167 56,710 Total billed retail 2,929,400 2,446,697 Sales for resale (a) 135,220 145,187 Other electric revenues (b) 81,343 69,122 Revenues from contracts with customers 3,145,963 2,661,006 Other revenues (c) 14,006 5,799 Total electric revenues 3,159,969 2,666,805 Natural gas 31,254 22,357 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 158,608 195,184 Other revenues (c) 3,701 19,222 Total competitive businesses revenues 162,309 214,406 Total operating revenues $3,353,532 $2,903,568 Entergy’s total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $3,114,084 $2,742,118 Commercial 1,958,284 1,712,179 Industrial 2,169,295 1,723,367 Governmental 184,576 156,251 Total billed retail 7,426,239 6,333,915 Sales for resale (a) 459,425 251,674 Other electric revenues (b) 348,683 288,009 Revenues from contracts with customers 8,234,347 6,873,598 Other revenues (c) 105,417 34,401 Total electric revenues 8,339,764 6,907,999 Natural gas 121,420 88,829 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 537,402 586,906 Other revenues (c) 21,854 159,800 Total competitive businesses revenues 559,256 746,706 Total operating revenues $9,020,440 $7,743,534 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 (a) Sales for resale and competitive businesses sales include 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 and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded increases in its allowance for doubtful accounts in 2020. The following table sets forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 30, 2021 and 2020. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2020 $117.7 $18.3 $45.7 $19.5 $17.4 $16.8 Provisions 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6
Entergy New Orleans [Member]
Revenue Recognition	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 September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $1,291,645 $1,153,220 Commercial 756,903 647,119 Industrial 814,685 589,648 Governmental 66,167 56,710 Total billed retail 2,929,400 2,446,697 Sales for resale (a) 135,220 145,187 Other electric revenues (b) 81,343 69,122 Revenues from contracts with customers 3,145,963 2,661,006 Other revenues (c) 14,006 5,799 Total electric revenues 3,159,969 2,666,805 Natural gas 31,254 22,357 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 158,608 195,184 Other revenues (c) 3,701 19,222 Total competitive businesses revenues 162,309 214,406 Total operating revenues $3,353,532 $2,903,568 Entergy’s total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $3,114,084 $2,742,118 Commercial 1,958,284 1,712,179 Industrial 2,169,295 1,723,367 Governmental 184,576 156,251 Total billed retail 7,426,239 6,333,915 Sales for resale (a) 459,425 251,674 Other electric revenues (b) 348,683 288,009 Revenues from contracts with customers 8,234,347 6,873,598 Other revenues (c) 105,417 34,401 Total electric revenues 8,339,764 6,907,999 Natural gas 121,420 88,829 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 537,402 586,906 Other revenues (c) 21,854 159,800 Total competitive businesses revenues 559,256 746,706 Total operating revenues $9,020,440 $7,743,534 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 (a) Sales for resale and competitive businesses sales include 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 and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded increases in its allowance for doubtful accounts in 2020. The following table sets forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 30, 2021 and 2020. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2020 $117.7 $18.3 $45.7 $19.5 $17.4 $16.8 Provisions 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6
Entergy Texas [Member]
Revenue Recognition	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 September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $1,291,645 $1,153,220 Commercial 756,903 647,119 Industrial 814,685 589,648 Governmental 66,167 56,710 Total billed retail 2,929,400 2,446,697 Sales for resale (a) 135,220 145,187 Other electric revenues (b) 81,343 69,122 Revenues from contracts with customers 3,145,963 2,661,006 Other revenues (c) 14,006 5,799 Total electric revenues 3,159,969 2,666,805 Natural gas 31,254 22,357 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 158,608 195,184 Other revenues (c) 3,701 19,222 Total competitive businesses revenues 162,309 214,406 Total operating revenues $3,353,532 $2,903,568 Entergy’s total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $3,114,084 $2,742,118 Commercial 1,958,284 1,712,179 Industrial 2,169,295 1,723,367 Governmental 184,576 156,251 Total billed retail 7,426,239 6,333,915 Sales for resale (a) 459,425 251,674 Other electric revenues (b) 348,683 288,009 Revenues from contracts with customers 8,234,347 6,873,598 Other revenues (c) 105,417 34,401 Total electric revenues 8,339,764 6,907,999 Natural gas 121,420 88,829 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 537,402 586,906 Other revenues (c) 21,854 159,800 Total competitive businesses revenues 559,256 746,706 Total operating revenues $9,020,440 $7,743,534 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 (a) Sales for resale and competitive businesses sales include 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 and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded increases in its allowance for doubtful accounts in 2020. The following table sets forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 30, 2021 and 2020. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2020 $117.7 $18.3 $45.7 $19.5 $17.4 $16.8 Provisions 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6
System Energy [Member]
Revenue Recognition	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 September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $1,291,645 $1,153,220 Commercial 756,903 647,119 Industrial 814,685 589,648 Governmental 66,167 56,710 Total billed retail 2,929,400 2,446,697 Sales for resale (a) 135,220 145,187 Other electric revenues (b) 81,343 69,122 Revenues from contracts with customers 3,145,963 2,661,006 Other revenues (c) 14,006 5,799 Total electric revenues 3,159,969 2,666,805 Natural gas 31,254 22,357 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 158,608 195,184 Other revenues (c) 3,701 19,222 Total competitive businesses revenues 162,309 214,406 Total operating revenues $3,353,532 $2,903,568 Entergy’s total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $3,114,084 $2,742,118 Commercial 1,958,284 1,712,179 Industrial 2,169,295 1,723,367 Governmental 184,576 156,251 Total billed retail 7,426,239 6,333,915 Sales for resale (a) 459,425 251,674 Other electric revenues (b) 348,683 288,009 Revenues from contracts with customers 8,234,347 6,873,598 Other revenues (c) 105,417 34,401 Total electric revenues 8,339,764 6,907,999 Natural gas 121,420 88,829 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 537,402 586,906 Other revenues (c) 21,854 159,800 Total competitive businesses revenues 559,256 746,706 Total operating revenues $9,020,440 $7,743,534 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 (a) Sales for resale and competitive businesses sales include 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 and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded increases in its allowance for doubtful accounts in 2020. The following table sets forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 30, 2021 and 2020. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2020 $117.7 $18.3 $45.7 $19.5 $17.4 $16.8 Provisions 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6

Business Combinations

Business Combinations	9 Months Ended
	Sep. 30, 2021
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	ACQUISITIONS AND DISPOSITIONS (Entergy Corporation and Entergy Texas) Acquisitions Hardin County Peaking Facility In June 2021, Entergy Texas purchased the Hardin County Peaking Facility, an existing 147 MW simple-cycle gas-fired peaking power plant in Kountze, Texas, from East Texas Electric Cooperative, Inc. In addition, also in June 2021, Entergy Texas sold a 7.56% partial interest in the Montgomery County Power Station to East Texas Electric Cooperative, Inc. for approximately $67.9 million. The two interdependent transactions were approved by the PUCT in April 2021. The purchase price for the Hardin County Peaking Facility was approximately $36.7 million. Dispositions Indian Point Energy Center In April 2019, Entergy entered into an agreement to sell, directly or indirectly, 100% of the equity interests in the subsidiaries that own Indian Point 1, Indian Point 2, and Indian Point 3, after Indian Point 3 had been shut down and defueled, to a Holtec International subsidiary. In November 2020 the NRC approved the sale of the plant to Holtec. Indian Point 3 was shut down in April 2021 and defueled in May 2021. In May 2021 the New York State Public Service Commission approved the sale of the plant to Holtec. The transaction closed in May 2021. The sale included the transfer of the licenses, spent fuel, decommissioning liabilities, and nuclear decommissioning trusts for the three units. The transaction resulted in a charge of $340 million ($268 million net-of-tax) in the second quarter of 2021. The disposition-date fair value of the nuclear decommissioning trust funds was approximately $2,387 million and the disposition-date fair value of the asset retirement obligations was $1,996 million. The transaction also included materials and supplies and prepaid assets.
Entergy Texas [Member]
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	ACQUISITIONS AND DISPOSITIONS (Entergy Corporation and Entergy Texas) Acquisitions Hardin County Peaking Facility In June 2021, Entergy Texas purchased the Hardin County Peaking Facility, an existing 147 MW simple-cycle gas-fired peaking power plant in Kountze, Texas, from East Texas Electric Cooperative, Inc. In addition, also in June 2021, Entergy Texas sold a 7.56% partial interest in the Montgomery County Power Station to East Texas Electric Cooperative, Inc. for approximately $67.9 million. The two interdependent transactions were approved by the PUCT in April 2021. The purchase price for the Hardin County Peaking Facility was approximately $36.7 million. Dispositions Indian Point Energy Center In April 2019, Entergy entered into an agreement to sell, directly or indirectly, 100% of the equity interests in the subsidiaries that own Indian Point 1, Indian Point 2, and Indian Point 3, after Indian Point 3 had been shut down and defueled, to a Holtec International subsidiary. In November 2020 the NRC approved the sale of the plant to Holtec. Indian Point 3 was shut down in April 2021 and defueled in May 2021. In May 2021 the New York State Public Service Commission approved the sale of the plant to Holtec. The transaction closed in May 2021. The sale included the transfer of the licenses, spent fuel, decommissioning liabilities, and nuclear decommissioning trusts for the three units. The transaction resulted in a charge of $340 million ($268 million net-of-tax) in the second quarter of 2021. The disposition-date fair value of the nuclear decommissioning trust funds was approximately $2,387 million and the disposition-date fair value of the asset retirement obligations was $1,996 million. The transaction also included materials and supplies and prepaid assets.

Equity (Tables)

Equity (Tables)	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 2020 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $531.0 201.0 $2.64 $521.1 200.2 $2.60 Average dilutive effect of: Stock options 0.4 — 0.4 — Other equity plans 0.6 (0.01) 0.5 (0.01) Diluted earnings per share $531.0 202.0 $2.63 $521.1 201.1 $2.59 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 1.0 million for the three months ended September 30, 2021 and approximately 0.5 million for the three months ended September 30, 2020. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Nine Months Ended September 30, 2021 2020 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $859.6 200.8 $4.28 $1,000.4 200.1 $5.00 Average dilutive effect of: Stock options 0.4 (0.01) 0.4 (0.01) Other equity plans 0.4 (0.01) 0.5 (0.01) Diluted earnings per share $859.6 201.6 $4.26 $1,000.4 201.0 $4.98 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 1.0 million for the nine months ended September 30, 2021 and approximately 0.5 million for the nine months ended September 30, 2020.
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 September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2021 ($1,083) ($489,511) $11,855 ($478,739) Other comprehensive income (loss) before reclassifications (14) — (2,173) (2,187) Amounts reclassified from accumulated other comprehensive income (loss) 38 8,838 11 8,887 Net other comprehensive income (loss) for the period 24 8,838 (2,162) 6,700 Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2020 $37,090 ($485,949) $60,255 ($388,604) Other comprehensive income (loss) before reclassifications (4,964) — 181 (4,783) Amounts reclassified from accumulated other comprehensive income (loss) (11,594) 17,437 (2,876) 2,967 Net other comprehensive income (loss) for the period (16,558) 17,437 (2,695) (1,816) Ending balance, September 30, 2020 $20,532 ($468,512) $57,560 ($390,420) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2021 $28,719 ($534,576) $56,650 ($449,207) Other comprehensive income (loss) before reclassifications 1,454 — (46,826) (45,372) Amounts reclassified from accumulated other comprehensive income (loss) (31,232) 53,903 (131) 22,540 Net other comprehensive income (loss) for the period (29,778) 53,903 (46,957) (22,832) Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2020 $84,206 ($557,072) $25,946 ($446,920) Other comprehensive income (loss) before reclassifications 42,256 34,349 40,439 117,044 Amounts reclassified from accumulated other comprehensive income (loss) (105,930) 54,211 (8,825) (60,544) Net other comprehensive income (loss) for the period (63,674) 88,560 31,614 56,500 Ending balance, September 30, 2020 $20,532 ($468,512) $57,560 ($390,420)
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 September 30, 2021 and 2020 were as follows: Amounts reclassified Income Statement Location 2021 2020 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $— $14,724 Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges (48) 14,676 Income taxes 10 (3,082) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($38) $11,594 Pension and other postretirement liabilities Amortization of prior-service credit $5,248 $5,682 (a) Amortization of loss (13,490) (27,620) (a) Settlement loss (3,192) (196) (a) Total amortization (11,434) (22,134) Income taxes 2,596 4,697 Income taxes Total amortization (net of tax) ($8,838) ($17,437) Net unrealized investment gain (loss) Realized gain (loss) ($17) $4,550 Interest and investment income Income taxes 6 (1,674) Income taxes Total realized investment gain (loss) (net of tax) ($11) $2,876 Total reclassifications for the period (net of tax) ($8,887) ($2,967) (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 nine months ended September 30, 2021 and 2020 were as follows: Amounts reclassified Income Statement Location 2021 2020 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $39,679 $134,233 Competitive business operating revenues Interest rate swaps (145) (145) Miscellaneous - net Total realized gain (loss) on cash flow hedges 39,534 134,088 Income taxes (8,302) (28,158) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $31,232 $105,930 Pension and other postretirement liabilities Amortization of prior-service credit $15,744 $15,083 (a) Amortization of loss (75,553) (82,561) (a) Settlement loss (9,235) (196) (a) Total amortization (69,044) (67,674) Income taxes 15,141 13,463 Income taxes Total amortization (net of tax) ($53,903) ($54,211) Net unrealized investment gain (loss) Realized gain (loss) $207 $13,963 Interest and investment income Income taxes (76) (5,138) Income taxes Total realized investment gain (loss) (net of tax) $131 $8,825 Total reclassifications for the period (net of tax) ($22,540) $60,544 (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 Accumulated Other Comprehensive Income (Loss)	The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended September 30, 2021 and 2020: Pension and Other 2021 2020 (In Thousands) Beginning balance, July 1, $4,508 $13,084 Amounts reclassified from accumulated other comprehensive income (loss) (131) (800) Net other comprehensive income (loss) for the period (131) (800) Ending balance, September 30, $4,377 $12,284 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the nine months ended September 30, 2021 and 2020: Pension and Other 2021 2020 (In Thousands) Beginning balance, January 1, $4,327 $4,562 Other comprehensive income (loss) before reclassifications — 10,050 Amounts reclassified from accumulated other comprehensive income (loss) 50 (2,328) Net other comprehensive income (loss) for the period 50 7,722 Ending balance, September 30, $4,377 $12,284
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 September 30, 2021 and 2020 were as follows: Amounts reclassified Income Statement Location 2021 2020 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,230 $1,695 (a) Amortization of loss (519) (417) (a) Settlement loss (534) (196) (a) Total amortization 177 1,082 Income taxes (46) (282) Income taxes Total amortization (net of tax) 131 800 Total reclassifications for the period (net of tax) $131 $800 (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 nine months ended September 30, 2021 and 2020 were as follows: Amounts reclassified Income Statement Location 2021 2020 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $3,690 $4,479 (a) Amortization of loss (1,824) (1,137) (a) Settlement loss (1,934) (196) (a) Total amortization (68) 3,146 Income taxes 18 (818) Income taxes Total amortization (net of tax) (50) 2,328 Total reclassifications for the period (net of tax) ($50) $2,328 (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)	9 Months Ended
	Sep. 30, 2021
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2021. Capacity Borrowings Letters Capacity (In Millions) $3,500 $325 $6 $3,169
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 September 30, 2021: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $2 million Entergy Louisiana $125 million 0.78% $6.8 million Entergy Mississippi $65 million 0.78% $2.3 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $12 million (a) As of September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2021, in addition to the $2.3 million MISO letter of credit, Entergy Mississippi has $1 million of 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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 have commercial paper programs in place. Following is a summary as of September 30, 2021: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2024 $80 1.20% $5.3 Entergy Louisiana River Bend VIE June 2024 $105 1.17% $53.2 Entergy Louisiana Waterford VIE June 2024 $105 1.18% $49.3 System Energy VIE June 2024 $120 1.18% $40.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity 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 variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2021 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 September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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 September 30, 2021 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2022 $25 million (b) 2.75% $— $— Entergy Arkansas June 2026 $150 million (c) 1.21% $— $— Entergy Louisiana June 2026 $350 million (c) 1.33% $— $— Entergy Mississippi April 2022 $37.5 million (d) 1.58% $— $— Entergy Mississippi April 2022 $35 million (d) 1.58% $— $— Entergy Mississippi April 2022 $10 million (d) 1.58% $— $— Entergy New Orleans June 2024 $25 million (c) 1.71% $25 million $— Entergy Texas June 2026 $150 million (c) 1.58% $— $1.3 million (a) If no borrowings were outstanding, the interest rate is the estimated interest rate as of September 30, 2021 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the 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 Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
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 September 30, 2021: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $2 million Entergy Louisiana $125 million 0.78% $6.8 million Entergy Mississippi $65 million 0.78% $2.3 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $12 million (a) As of September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2021, in addition to the $2.3 million MISO letter of credit, Entergy Mississippi has $1 million of 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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 have commercial paper programs in place. Following is a summary as of September 30, 2021: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2024 $80 1.20% $5.3 Entergy Louisiana River Bend VIE June 2024 $105 1.17% $53.2 Entergy Louisiana Waterford VIE June 2024 $105 1.18% $49.3 System Energy VIE June 2024 $120 1.18% $40.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity 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 variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2021 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 September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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 September 30, 2021 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2022 $25 million (b) 2.75% $— $— Entergy Arkansas June 2026 $150 million (c) 1.21% $— $— Entergy Louisiana June 2026 $350 million (c) 1.33% $— $— Entergy Mississippi April 2022 $37.5 million (d) 1.58% $— $— Entergy Mississippi April 2022 $35 million (d) 1.58% $— $— Entergy Mississippi April 2022 $10 million (d) 1.58% $— $— Entergy New Orleans June 2024 $25 million (c) 1.71% $25 million $— Entergy Texas June 2026 $150 million (c) 1.58% $— $1.3 million (a) If no borrowings were outstanding, the interest rate is the estimated interest rate as of September 30, 2021 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the 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 Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
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 September 30, 2021: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $2 million Entergy Louisiana $125 million 0.78% $6.8 million Entergy Mississippi $65 million 0.78% $2.3 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $12 million (a) As of September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2021, in addition to the $2.3 million MISO letter of credit, Entergy Mississippi has $1 million of 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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 have commercial paper programs in place. Following is a summary as of September 30, 2021: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2024 $80 1.20% $5.3 Entergy Louisiana River Bend VIE June 2024 $105 1.17% $53.2 Entergy Louisiana Waterford VIE June 2024 $105 1.18% $49.3 System Energy VIE June 2024 $120 1.18% $40.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity 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 variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2021 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 September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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 September 30, 2021 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2022 $25 million (b) 2.75% $— $— Entergy Arkansas June 2026 $150 million (c) 1.21% $— $— Entergy Louisiana June 2026 $350 million (c) 1.33% $— $— Entergy Mississippi April 2022 $37.5 million (d) 1.58% $— $— Entergy Mississippi April 2022 $35 million (d) 1.58% $— $— Entergy Mississippi April 2022 $10 million (d) 1.58% $— $— Entergy New Orleans June 2024 $25 million (c) 1.71% $25 million $— Entergy Texas June 2026 $150 million (c) 1.58% $— $1.3 million (a) If no borrowings were outstanding, the interest rate is the estimated interest rate as of September 30, 2021 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the 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 Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
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 September 30, 2021: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $2 million Entergy Louisiana $125 million 0.78% $6.8 million Entergy Mississippi $65 million 0.78% $2.3 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $12 million (a) As of September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2021, in addition to the $2.3 million MISO letter of credit, Entergy Mississippi has $1 million of 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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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 September 30, 2021 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2022 $25 million (b) 2.75% $— $— Entergy Arkansas June 2026 $150 million (c) 1.21% $— $— Entergy Louisiana June 2026 $350 million (c) 1.33% $— $— Entergy Mississippi April 2022 $37.5 million (d) 1.58% $— $— Entergy Mississippi April 2022 $35 million (d) 1.58% $— $— Entergy Mississippi April 2022 $10 million (d) 1.58% $— $— Entergy New Orleans June 2024 $25 million (c) 1.71% $25 million $— Entergy Texas June 2026 $150 million (c) 1.58% $— $1.3 million (a) If no borrowings were outstanding, the interest rate is the estimated interest rate as of September 30, 2021 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the 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 Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
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 September 30, 2021: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $2 million Entergy Louisiana $125 million 0.78% $6.8 million Entergy Mississippi $65 million 0.78% $2.3 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $12 million (a) As of September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2021, in addition to the $2.3 million MISO letter of credit, Entergy Mississippi has $1 million of 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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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 September 30, 2021 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2022 $25 million (b) 2.75% $— $— Entergy Arkansas June 2026 $150 million (c) 1.21% $— $— Entergy Louisiana June 2026 $350 million (c) 1.33% $— $— Entergy Mississippi April 2022 $37.5 million (d) 1.58% $— $— Entergy Mississippi April 2022 $35 million (d) 1.58% $— $— Entergy Mississippi April 2022 $10 million (d) 1.58% $— $— Entergy New Orleans June 2024 $25 million (c) 1.71% $25 million $— Entergy Texas June 2026 $150 million (c) 1.58% $— $1.3 million (a) If no borrowings were outstanding, the interest rate is the estimated interest rate as of September 30, 2021 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the 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 Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
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 September 30, 2021: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $2 million Entergy Louisiana $125 million 0.78% $6.8 million Entergy Mississippi $65 million 0.78% $2.3 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $12 million (a) As of September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2021, in addition to the $2.3 million MISO letter of credit, Entergy Mississippi has $1 million of 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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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 September 30, 2021 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $35 Entergy New Orleans $150 $— Entergy Texas $200 $20 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 have commercial paper programs in place. Following is a summary as of September 30, 2021: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2024 $80 1.20% $5.3 Entergy Louisiana River Bend VIE June 2024 $105 1.17% $53.2 Entergy Louisiana Waterford VIE June 2024 $105 1.18% $49.3 System Energy VIE June 2024 $120 1.18% $40.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity 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 variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2021 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 September 30, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $24,617,004 $26,151,363 Entergy Arkansas $3,959,194 $4,211,956 Entergy Louisiana $9,813,493 $10,622,419 Entergy Mississippi $1,981,945 $2,154,281 Entergy New Orleans $662,079 $611,728 Entergy Texas $2,353,742 $2,510,669 System Energy $745,772 $762,981 (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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $22,369,776 $24,813,818 Entergy Arkansas $3,967,507 $4,355,632 Entergy Louisiana $9,027,451 $10,258,294 Entergy Mississippi $1,780,577 $2,021,432 Entergy New Orleans $642,233 $620,634 Entergy Texas $2,493,708 $2,765,193 System Energy $805,274 $840,540 (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]	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 and 2020: 2021 2020 (In Millions) Compensation expense included in Entergy’s net income $1.2 $1.0 Tax benefit recognized in Entergy’s net income $0.3 $0.3 Compensation cost capitalized as part of fixed assets and materials and supplies $0.4 $0.4 The following table includes financial information for outstanding stock options for the nine months ended September 30, 2021 and 2020: 2021 2020 (In Millions) Compensation expense included in Entergy’s net income $3.2 $3.0 Tax benefit recognized in Entergy’s net income $0.8 $0.8 Compensation cost capitalized as part of fixed assets and materials and supplies $1.2 $1.2
Financial Information For Restricted Stock	The following table includes financial information for other outstanding equity awards for the three months ended September 30, 2021 and 2020: 2021 2020 (In Millions) Compensation expense included in Entergy’s net income $10.6 $8.9 Tax benefit recognized in Entergy’s net income $2.7 $2.2 Compensation cost capitalized as part of fixed assets and materials and supplies $4.1 $3.6 The following table includes financial information for other outstanding equity awards for the nine months ended September 30, 2021 and 2020: 2021 2020 (In Millions) Compensation expense included in Entergy’s net income $31.1 $27.9 Tax benefit recognized in Entergy’s net income $7.9 $7.1 Compensation cost capitalized as part of fixed assets and materials and supplies $12.1 $10.8

Retirement And Other Postreti_2

Retirement And Other Postretirement Benefits (Tables)	9 Months Ended
	Sep. 30, 2021
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 third quarters of 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) ($534) ($1,137) $1,321 ($7) $177 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — (196) ($693) $1,776 ($1) $1,082 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	Entergy’s qualified pension cost, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $38,531 $40,366 Interest cost on projected benefit obligation 49,222 59,930 Expected return on assets (106,684) (103,534) Amortization of net loss 69,386 87,516 Settlement charges 44,718 32,429 Net pension costs $95,173 $116,707 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $126,722 $121,124 Interest cost on projected benefit obligation 142,702 181,528 Expected return on assets (318,437) (310,664) Amortization of net loss 266,576 262,034 Settlement charges 156,266 32,429 Net pension costs $373,829 $286,451
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $6,645 $6,231 Interest cost on accumulated postretirement benefit obligation (APBO) 5,320 6,888 Expected return on assets (10,805) (10,182) Amortization of prior service credit (8,267) (8,985) Amortization of net loss 713 1,005 Net other postretirement benefit income ($6,394) ($5,043) Entergy’s other postretirement benefit cost income, including amounts capitalized, for the nine months ended September 30, 2021 and 2020, included the following components: 2021 2020 (In Thousands) Service cost - benefits earned during the period $19,935 $18,263 Interest cost on accumulated postretirement benefit obligation (APBO) 15,960 21,708 Expected return on assets (32,415) (30,692) Amortization of prior service credit (24,801) (23,892) Amortization of net loss 2,139 2,478 Net other postretirement benefit income ($19,182) ($12,135)
Entergy Arkansas [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2021: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2021 pension contributions $66,649 $59,882 $13,715 $5,395 $6,955 $18,663 Pension contributions made through September 2021 $64,666 $59,422 $13,715 $5,395 $6,631 $18,006 Remaining estimated pension contributions to be made in 2021 $1,983 $460 $— $— $324 $657
Entergy Arkansas [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,034 $1,544 $362 $109 $346 $335 Interest cost on APBO 932 1,130 278 130 317 220 Expected return on assets (4,505) — (1,384) (1,438) (2,548) (789) Amortization of prior service credit (280) (1,230) (444) (229) (936) (109) Amortization of net (gain) loss 49 (91) 19 (178) 100 15 Net other postretirement benefit cost (income) ($2,770) $1,353 ($1,169) ($1,606) ($2,721) ($328) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733)
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 employees for their non-qualified pension plans for the third quarters of 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $86 $192 $91 $7 $115 2020 $83 $37 $90 $7 $118 Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $266 $280 $283 $23 $345 2020 $249 $111 $270 $21 $354 Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan.
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 third quarters of 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) ($534) ($1,137) $1,321 ($7) $177 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — (196) ($693) $1,776 ($1) $1,082 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2021 and 2020: 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146
Entergy Louisiana [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2021: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2021 pension contributions $66,649 $59,882 $13,715 $5,395 $6,955 $18,663 Pension contributions made through September 2021 $64,666 $59,422 $13,715 $5,395 $6,631 $18,006 Remaining estimated pension contributions to be made in 2021 $1,983 $460 $— $— $324 $657
Entergy Louisiana [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,034 $1,544 $362 $109 $346 $335 Interest cost on APBO 932 1,130 278 130 317 220 Expected return on assets (4,505) — (1,384) (1,438) (2,548) (789) Amortization of prior service credit (280) (1,230) (444) (229) (936) (109) Amortization of net (gain) loss 49 (91) 19 (178) 100 15 Net other postretirement benefit cost (income) ($2,770) $1,353 ($1,169) ($1,606) ($2,721) ($328) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733)
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 employees for their non-qualified pension plans for the third quarters of 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $86 $192 $91 $7 $115 2020 $83 $37 $90 $7 $118 Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $266 $280 $283 $23 $345 2020 $249 $111 $270 $21 $354 Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan.
Entergy Mississippi [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2021: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2021 pension contributions $66,649 $59,882 $13,715 $5,395 $6,955 $18,663 Pension contributions made through September 2021 $64,666 $59,422 $13,715 $5,395 $6,631 $18,006 Remaining estimated pension contributions to be made in 2021 $1,983 $460 $— $— $324 $657
Entergy Mississippi [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,034 $1,544 $362 $109 $346 $335 Interest cost on APBO 932 1,130 278 130 317 220 Expected return on assets (4,505) — (1,384) (1,438) (2,548) (789) Amortization of prior service credit (280) (1,230) (444) (229) (936) (109) Amortization of net (gain) loss 49 (91) 19 (178) 100 15 Net other postretirement benefit cost (income) ($2,770) $1,353 ($1,169) ($1,606) ($2,721) ($328) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733)
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 employees for their non-qualified pension plans for the third quarters of 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $86 $192 $91 $7 $115 2020 $83 $37 $90 $7 $118 Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $266 $280 $283 $23 $345 2020 $249 $111 $270 $21 $354 Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan.
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 cost, including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2021: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2021 pension contributions $66,649 $59,882 $13,715 $5,395 $6,955 $18,663 Pension contributions made through September 2021 $64,666 $59,422 $13,715 $5,395 $6,631 $18,006 Remaining estimated pension contributions to be made in 2021 $1,983 $460 $— $— $324 $657
Entergy New Orleans [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,034 $1,544 $362 $109 $346 $335 Interest cost on APBO 932 1,130 278 130 317 220 Expected return on assets (4,505) — (1,384) (1,438) (2,548) (789) Amortization of prior service credit (280) (1,230) (444) (229) (936) (109) Amortization of net (gain) loss 49 (91) 19 (178) 100 15 Net other postretirement benefit cost (income) ($2,770) $1,353 ($1,169) ($1,606) ($2,721) ($328) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733)
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 employees for their non-qualified pension plans for the third quarters of 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $86 $192 $91 $7 $115 2020 $83 $37 $90 $7 $118 Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $266 $280 $283 $23 $345 2020 $249 $111 $270 $21 $354 Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan.
Entergy Texas [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2021: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2021 pension contributions $66,649 $59,882 $13,715 $5,395 $6,955 $18,663 Pension contributions made through September 2021 $64,666 $59,422 $13,715 $5,395 $6,631 $18,006 Remaining estimated pension contributions to be made in 2021 $1,983 $460 $— $— $324 $657
Entergy Texas [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,034 $1,544 $362 $109 $346 $335 Interest cost on APBO 932 1,130 278 130 317 220 Expected return on assets (4,505) — (1,384) (1,438) (2,548) (789) Amortization of prior service credit (280) (1,230) (444) (229) (936) (109) Amortization of net (gain) loss 49 (91) 19 (178) 100 15 Net other postretirement benefit cost (income) ($2,770) $1,353 ($1,169) ($1,606) ($2,721) ($328) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733)
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 employees for their non-qualified pension plans for the third quarters of 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $86 $192 $91 $7 $115 2020 $83 $37 $90 $7 $118 Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2021 and 2020: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2021 $266 $280 $283 $23 $345 2020 $249 $111 $270 $21 $354 Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan.
System Energy [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2021: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2021 pension contributions $66,649 $59,882 $13,715 $5,395 $6,955 $18,663 Pension contributions made through September 2021 $64,666 $59,422 $13,715 $5,395 $6,631 $18,006 Remaining estimated pension contributions to be made in 2021 $1,983 $460 $— $— $324 $657
System Energy [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,034 $1,544 $362 $109 $346 $335 Interest cost on APBO 932 1,130 278 130 317 220 Expected return on assets (4,505) — (1,384) (1,438) (2,548) (789) Amortization of prior service credit (280) (1,230) (444) (229) (936) (109) Amortization of net (gain) loss 49 (91) 19 (178) 100 15 Net other postretirement benefit cost (income) ($2,770) $1,353 ($1,169) ($1,606) ($2,721) ($328) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2021 and 2020, included the following components: 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,761 $2,947 $723 $219 $609 $615 Interest cost on APBO 2,381 3,220 794 413 1,059 583 Expected return on assets (8,586) — (2,594) (2,699) (4,838) (1,483) Amortization of prior service credit (1,057) (2,784) (765) (304) (1,489) (501) Amortization of net (gain) loss 217 (280) 77 (29) 443 53 Net other postretirement benefit cost (income) ($5,284) $3,103 ($1,765) ($2,400) ($4,216) ($733)

Business Segment Information (T

Business Segment Information (Tables) - Entergy Corporation [Member]	9 Months Ended
	Sep. 30, 2021
Segment Financial Information	Entergy’s segment financial information for the third quarters of 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 Entergy’s segment financial information for the nine months ended September 30, 2021 and 2020 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of September 30, 2021 $58,948,010 $1,238,200 $698,699 ($2,041,410) $58,843,499 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of December 31, 2020 $55,940,153 $3,800,378 $552,632 ($2,053,951) $58,239,212 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment.
Restructuring and Related Costs [Table Text Block]	Total restructuring charges for the third quarters of 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of July 1, $33 $— $33 $153 $14 $167 Restructuring costs accrued 2 — 2 19 — 19 Cash paid out — — — 1 — 1 Balance as of September 30, $35 $— $35 $171 $14 $185 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 of impairment and other related charges associated with these strategic decisions and transactions. No charges were incurred in the third quarter 2021. Total restructuring charges for the nine months ended September 30, 2021 and 2020 were comprised of the following: 2021 2020 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of January 1, $145 $14 $159 $129 $14 $143 Restructuring costs accrued 9 1 10 57 — 57 Cash paid out 119 15 134 15 — 15 Balance as of September 30, $35 $— $35 $171 $14 $185

Risk Management And Fair Valu_2

Risk Management And Fair Values (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Values Of Derivative Instruments	The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2021 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) Business (In Millions) Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $39 $— $39 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $8 $— $8 Utility Financial transmission rights Prepayments and other $8 $— $8 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2020 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) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $39 ($1) $38 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Natural gas swaps and options Prepayments and other (current portion) $1 $— $1 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $9 $— $9 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities (current portion) $6 $— $6 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility
Derivative Instruments Designated As Cash Flow Hedges On Consolidated Statements Of Income	The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $— Competitive businesses operating revenues $— 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 (a) Before taxes of $3 million for the three months ended September 30, 2020 The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2021 Electricity swaps and options $2 Competitive businesses operating revenues $40 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 (a) Before taxes of $8 million and $28 million for the nine months ended September 30, 2021 and 2020, respectively
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 September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— (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. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options.
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 were accounted for at fair value on a recurring basis as of September 30, 2021 and December 31, 2020. 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. 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $956 $— $— $956 Decommissioning trust funds (a): Equity securities 100 — — 100 Debt securities (b) 733 1,322 — 2,055 Common trusts (c) 3,081 Securitization recovery trust account 28 — — 28 Escrow accounts 49 — — 49 Gas hedge contracts 39 8 — 47 Financial transmission rights — — 8 8 $1,905 $1,330 $8 $6,324 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $1,630 $— $— $1,630 Decommissioning trust funds (a): Equity securities 1,533 — — 1,533 Debt securities (b) 919 1,698 — 2,617 Common trusts (c) 3,103 Power contracts — — 38 38 Securitization recovery trust account 42 — — 42 Escrow accounts 148 — — 148 Gas hedge contracts 1 1 — 2 Financial transmission rights — — 9 9 $4,273 $1,699 $47 $9,122 Liabilities: Gas hedge contracts $6 $1 $— $7 (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) The decommissioning trust funds fair values presented herein do not include the recognition pursuant to ASU 2016-13 of a credit loss valuation allowance of $0.3 million as of September 30, 2021 and $0.1 million as of December 31, 2020 on debt securities. See Note 9 to the financial statements herein for additional information on the allowance for expected credit losses. (c) 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 (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended September 30, 2021 and 2020: 2021 2020 Power Contracts Financial transmission rights Power Contracts Financial transmission rights (In Millions) Balance as of July 1, $— $15 $49 $22 Total gains (losses) for the period (a) Included in earnings — — 2 1 Included in other comprehensive income — — (6) — Included as a regulatory liability/asset — 11 — 27 Settlements — (18) (17) (33) Balance as of September 30, $— $8 $28 $17 (a) Change in unrealized gains or losses for the period included in earnings for derivatives held at the end of the reporting period was ($3.7) million for the three months ended September 30, 2020. 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 nine months ended September 30, 2021 and 2020: 2021 2020 Power Contracts Financial transmission rights Power Contracts Financial transmission rights (In Millions) Balance as of January 1, $38 $9 $118 $10 Total gains (losses) for the period (a) Included in earnings (2) — — 1 Included in other comprehensive income 2 — 54 — Included as a regulatory liability/asset — 149 — 44 Issuances of financial transmission rights — 12 — 23 Settlements (38) (162) (144) (61) Balance as of September 30, $— $8 $28 $17
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 September 30, 2021 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 $19.6 $— $19.6 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Prepayments and other $23.2 $— $23.2 Entergy Mississippi Natural gas swaps Prepayments and other $2.3 $— $2.3 Entergy New Orleans Financial transmission rights Prepayments and other $2.4 $— $2.4 Entergy Arkansas Financial transmission rights Prepayments and other $2.7 ($0.1) $2.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 $— $1.7 Entergy Texas The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2020 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $0.5 $— $0.5 Entergy Louisiana Financial transmission rights Prepayments and other $2.9 ($0.2) $2.7 Entergy Arkansas Financial transmission rights Prepayments and other $4.3 ($0.1) $4.2 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.2 ($0.1) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $1.6 $— $1.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $0.3 $— $0.3 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana Natural gas swaps Other current liabilities $5.0 $— $5.0 Entergy Mississippi Natural gas swaps Other current liabilities $0.3 $— $0.3 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 September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. As of December 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.3 million for Entergy Louisiana, $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $0.5 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 September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (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 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $96.5 $— $— $96.5 Decommissioning trust funds (a): Equity securities 71.2 — — 71.2 Debt securities 124.7 353.2 — 477.9 Common trusts (b) 827.2 Financial transmission rights — — 2.4 2.4 $292.4 $353.2 $2.4 $1,475.2 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $168.0 $— $— $168.0 Decommissioning trust funds (a): Equity securities 1.3 — — 1.3 Debt securities 98.2 349.7 — 447.9 Common trusts (b) 824.7 Financial transmission rights — — 2.7 2.7 $267.5 $349.7 $2.7 $1,444.6
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 September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $3.8 $4.8 $2.1 $0.6 $3.8 Gains (losses) included as a regulatory liability/asset 3.1 6.5 — 0.3 0.5 Settlements (4.5) (8.7) (1.5) (0.6) (2.6) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 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 September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $6.1 $12.5 $1.1 ($0.2) $2.6 Gains (losses) included as a regulatory liability/asset 5.4 (2.4) 1.0 0.4 22.5 Settlements (5.2) (3.1) (1.3) (0.1) (22.8) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 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 nine months ended September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.7 $4.2 $0.6 $0.1 $1.6 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 30.9 21.1 7.7 2.4 82.7 Settlements (34.0) (26.8) (9.4) (2.6) (85.3) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 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 nine months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 11.2 3.2 (0.7) 0.7 29.5 Settlements (14.7) (13.9) (0.7) (0.8) (30.5) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3
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 September 30, 2021 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 $19.6 $— $19.6 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Prepayments and other $23.2 $— $23.2 Entergy Mississippi Natural gas swaps Prepayments and other $2.3 $— $2.3 Entergy New Orleans Financial transmission rights Prepayments and other $2.4 $— $2.4 Entergy Arkansas Financial transmission rights Prepayments and other $2.7 ($0.1) $2.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 $— $1.7 Entergy Texas The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2020 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $0.5 $— $0.5 Entergy Louisiana Financial transmission rights Prepayments and other $2.9 ($0.2) $2.7 Entergy Arkansas Financial transmission rights Prepayments and other $4.3 ($0.1) $4.2 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.2 ($0.1) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $1.6 $— $1.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $0.3 $— $0.3 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana Natural gas swaps Other current liabilities $5.0 $— $5.0 Entergy Mississippi Natural gas swaps Other current liabilities $0.3 $— $0.3 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 September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. As of December 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.3 million for Entergy Louisiana, $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $0.5 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 September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (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 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $266.3 $— $— $266.3 Decommissioning trust funds (a): Equity securities 13.3 — — 13.3 Debt securities 218.1 487.7 — 705.8 Common trusts (b) 1,268.2 Securitization recovery trust account 5.5 — — 5.5 Gas hedge contracts 19.6 2.3 — 21.9 Financial transmission rights — — 2.6 2.6 $522.8 $490.0 $2.6 $2,283.6 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $726.7 $— $— $726.7 Decommissioning trust funds (a): Equity securities 8.7 — — 8.7 Debt securities 172.4 459.8 — 632.2 Common trusts (b) 1,153.1 Securitization recovery trust account 2.7 — — 2.7 Gas hedge contracts 0.8 0.5 — 1.3 Financial transmission rights — — 4.2 4.2 $911.3 $460.3 $4.2 $2,528.9 Liabilities: Gas hedge contracts $0.3 $1.3 $— $1.6
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 September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $3.8 $4.8 $2.1 $0.6 $3.8 Gains (losses) included as a regulatory liability/asset 3.1 6.5 — 0.3 0.5 Settlements (4.5) (8.7) (1.5) (0.6) (2.6) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 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 September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $6.1 $12.5 $1.1 ($0.2) $2.6 Gains (losses) included as a regulatory liability/asset 5.4 (2.4) 1.0 0.4 22.5 Settlements (5.2) (3.1) (1.3) (0.1) (22.8) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 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 nine months ended September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.7 $4.2 $0.6 $0.1 $1.6 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 30.9 21.1 7.7 2.4 82.7 Settlements (34.0) (26.8) (9.4) (2.6) (85.3) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 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 nine months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 11.2 3.2 (0.7) 0.7 29.5 Settlements (14.7) (13.9) (0.7) (0.8) (30.5) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3
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 September 30, 2021 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 $19.6 $— $19.6 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Prepayments and other $23.2 $— $23.2 Entergy Mississippi Natural gas swaps Prepayments and other $2.3 $— $2.3 Entergy New Orleans Financial transmission rights Prepayments and other $2.4 $— $2.4 Entergy Arkansas Financial transmission rights Prepayments and other $2.7 ($0.1) $2.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 $— $1.7 Entergy Texas The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2020 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $0.5 $— $0.5 Entergy Louisiana Financial transmission rights Prepayments and other $2.9 ($0.2) $2.7 Entergy Arkansas Financial transmission rights Prepayments and other $4.3 ($0.1) $4.2 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.2 ($0.1) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $1.6 $— $1.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $0.3 $— $0.3 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana Natural gas swaps Other current liabilities $5.0 $— $5.0 Entergy Mississippi Natural gas swaps Other current liabilities $0.3 $— $0.3 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 September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. As of December 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.3 million for Entergy Louisiana, $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $0.5 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 September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (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 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets: Escrow accounts $48.9 $— $— $48.9 Gas hedge contracts 23.2 — — 23.2 Financial transmission rights — — 0.6 0.6 $72.1 $— $0.6 $72.7 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Escrow accounts $64.6 $— $— $64.6 Financial transmission rights — — 0.6 0.6 $64.6 $— $0.6 $65.2 Liabilities: Gas hedge contracts $5.0 $— $— $5.0
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 September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $3.8 $4.8 $2.1 $0.6 $3.8 Gains (losses) included as a regulatory liability/asset 3.1 6.5 — 0.3 0.5 Settlements (4.5) (8.7) (1.5) (0.6) (2.6) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 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 September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $6.1 $12.5 $1.1 ($0.2) $2.6 Gains (losses) included as a regulatory liability/asset 5.4 (2.4) 1.0 0.4 22.5 Settlements (5.2) (3.1) (1.3) (0.1) (22.8) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 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 nine months ended September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.7 $4.2 $0.6 $0.1 $1.6 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 30.9 21.1 7.7 2.4 82.7 Settlements (34.0) (26.8) (9.4) (2.6) (85.3) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 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 nine months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 11.2 3.2 (0.7) 0.7 29.5 Settlements (14.7) (13.9) (0.7) (0.8) (30.5) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3
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 September 30, 2021 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 $19.6 $— $19.6 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Prepayments and other $23.2 $— $23.2 Entergy Mississippi Natural gas swaps Prepayments and other $2.3 $— $2.3 Entergy New Orleans Financial transmission rights Prepayments and other $2.4 $— $2.4 Entergy Arkansas Financial transmission rights Prepayments and other $2.7 ($0.1) $2.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 $— $1.7 Entergy Texas The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2020 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $0.5 $— $0.5 Entergy Louisiana Financial transmission rights Prepayments and other $2.9 ($0.2) $2.7 Entergy Arkansas Financial transmission rights Prepayments and other $4.3 ($0.1) $4.2 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.2 ($0.1) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $1.6 $— $1.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $0.3 $— $0.3 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana Natural gas swaps Other current liabilities $5.0 $— $5.0 Entergy Mississippi Natural gas swaps Other current liabilities $0.3 $— $0.3 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 September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. As of December 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.3 million for Entergy Louisiana, $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $0.5 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 September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (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 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $26.4 $— $— $26.4 Securitization recovery trust account 5.7 — — 5.7 Gas hedge contracts 2.3 — — 2.3 Financial transmission rights — — 0.3 0.3 $34.4 $— $0.3 $34.7 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Securitization recovery trust account $3.4 $— $— $3.4 Escrow accounts 83.0 — — 83.0 Financial transmission rights — — 0.1 0.1 $86.4 $— $0.1 $86.5 Liabilities: Gas hedge contracts $0.3 $— $— $0.3
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 September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $3.8 $4.8 $2.1 $0.6 $3.8 Gains (losses) included as a regulatory liability/asset 3.1 6.5 — 0.3 0.5 Settlements (4.5) (8.7) (1.5) (0.6) (2.6) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 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 September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $6.1 $12.5 $1.1 ($0.2) $2.6 Gains (losses) included as a regulatory liability/asset 5.4 (2.4) 1.0 0.4 22.5 Settlements (5.2) (3.1) (1.3) (0.1) (22.8) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 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 nine months ended September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.7 $4.2 $0.6 $0.1 $1.6 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 30.9 21.1 7.7 2.4 82.7 Settlements (34.0) (26.8) (9.4) (2.6) (85.3) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 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 nine months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 11.2 3.2 (0.7) 0.7 29.5 Settlements (14.7) (13.9) (0.7) (0.8) (30.5) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3
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 September 30, 2021 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 $19.6 $— $19.6 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $2.3 $— $2.3 Entergy Louisiana Natural gas swaps Prepayments and other $23.2 $— $23.2 Entergy Mississippi Natural gas swaps Prepayments and other $2.3 $— $2.3 Entergy New Orleans Financial transmission rights Prepayments and other $2.4 $— $2.4 Entergy Arkansas Financial transmission rights Prepayments and other $2.7 ($0.1) $2.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 $— $1.7 Entergy Texas The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2020 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 $0.8 $— $0.8 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $0.5 $— $0.5 Entergy Louisiana Financial transmission rights Prepayments and other $2.9 ($0.2) $2.7 Entergy Arkansas Financial transmission rights Prepayments and other $4.3 ($0.1) $4.2 Entergy Louisiana Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Mississippi Financial transmission rights Prepayments and other $0.2 ($0.1) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $1.6 $— $1.6 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $0.3 $— $0.3 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana Natural gas swaps Other current liabilities $5.0 $— $5.0 Entergy Mississippi Natural gas swaps Other current liabilities $0.3 $— $0.3 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 September 30, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $1 million for Entergy Arkansas, $1.5 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, $0.3 million for Entergy New Orleans, and $0.8 million for Entergy Texas. As of December 31, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $0.3 million for Entergy Louisiana, $0.2 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, and $0.5 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 September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 30, 2021 and 2020 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (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 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets : Securitization recovery trust account $17.2 $— $— $17.2 Financial transmission rights — — 1.7 1.7 $17.2 $— $1.7 $18.9 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $248.6 $— $— $248.6 Securitization recovery trust account 36.2 — — 36.2 Financial transmission rights — — 1.6 1.6 $284.8 $— $1.6 $286.4
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 September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $3.8 $4.8 $2.1 $0.6 $3.8 Gains (losses) included as a regulatory liability/asset 3.1 6.5 — 0.3 0.5 Settlements (4.5) (8.7) (1.5) (0.6) (2.6) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 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 September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $6.1 $12.5 $1.1 ($0.2) $2.6 Gains (losses) included as a regulatory liability/asset 5.4 (2.4) 1.0 0.4 22.5 Settlements (5.2) (3.1) (1.3) (0.1) (22.8) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 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 nine months ended September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.7 $4.2 $0.6 $0.1 $1.6 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 30.9 21.1 7.7 2.4 82.7 Settlements (34.0) (26.8) (9.4) (2.6) (85.3) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 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 nine months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 11.2 3.2 (0.7) 0.7 29.5 Settlements (14.7) (13.9) (0.7) (0.8) (30.5) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3
System Energy [Member]
Assets and liabilities at fair value on a recurring basis	System Energy 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $163.0 $— $— $163.0 Decommissioning trust funds (a): Equity securities 5.1 — — 5.1 Debt Securities 219.3 248.7 — 468.0 Common trusts (b) 837.4 $387.4 $248.7 $— $1,473.5 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $216.4 $— $— $216.4 Decommissioning trust funds (a): Equity securities 3.8 — — 3.8 Debt securities 177.3 250.4 — 427.7 Common trusts (b) 784.4 $397.5 $250.4 $— $1,432.3

Decommissioning Trust Funds (Ta

Decommissioning Trust Funds (Tables)	9 Months Ended
	Sep. 30, 2021
Securities Held	The available-for-sale securities held as of September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $2,055 $74 $10 2020 Debt Securities $2,617 $197 $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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $650 $9 $187 $3 More than 12 months 35 1 2 — Total $685 $10 $189 $3
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— ($4) 1 year - 5 years 431 672 5 years - 10 years 679 852 10 years - 15 years 346 377 15 years - 20 years 122 144 20 years+ 477 576 Total $2,055 $2,617
Entergy Arkansas [Member]
Securities Held	The available-for-sale securities held as of September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $477.9 $13.3 $3.4 2020 Debt Securities $447.9 $27.7 $0.3
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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $171.1 $2.6 $29.9 $0.3 More than 12 months 17.5 0.8 — — Total $188.6 $3.4 $29.9 $0.3
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— $— 1 year - 5 years 74.2 113.1 5 years - 10 years 207.3 189.8 10 years - 15 years 131.6 81.4 15 years - 20 years 31.3 28.5 20 years+ 33.5 35.1 Total $477.9 $447.9
Entergy Louisiana [Member]
Securities Held	The available-for-sale securities held as of September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $705.8 $33.1 $3.3 2020 Debt Securities $632.2 $51.3 $0.5
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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $173.2 $2.6 $36.4 $0.5 More than 12 months 15.0 0.7 0.8 — Total $188.2 $3.3 $37.2 $0.5
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— $— 1 year - 5 years 117.0 117.0 5 years - 10 years 191.0 159.4 10 years - 15 years 109.5 101.2 15 years - 20 years 77.6 66.9 20 years+ 210.7 187.7 Total $705.8 $632.2
System Energy [Member]
Securities Held	The available-for-sale securities held as of September 30, 2021 and December 31, 2020 are summarized as follows: Fair Total Total (In Millions) 2021 Debt Securities $468.0 $12.5 $2.4 2020 Debt Securities $427.7 $30.0 $0.8
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 September 30, 2021 and December 31, 2020: September 30, 2021 December 31, 2020 Fair Gross Fair Gross (In Millions) Less than 12 months $200.6 $2.4 $28.9 $0.8 More than 12 months 1.4 — — — Total $202.0 $2.4 $28.9 $0.8
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2021 and December 31, 2020 were as follows: 2021 2020 (In Millions) Less than 1 year $— ($1.1) 1 year - 5 years 149.2 134.7 5 years - 10 years 147.0 141.5 10 years - 15 years 40.2 31.5 15 years - 20 years 1.2 5.3 20 years+ 130.4 115.8 Total $468.0 $427.7

Income Taxes Income Taxes (Tabl

Income Taxes Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2021
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2021 2020 2021 2020 (In Millions) Entergy $17 $17 $72 $61 Entergy Arkansas $— ($2) $8 $9 Entergy Louisiana $8 $8 $24 $24 Entergy New Orleans $— $1 $— $6 Entergy Texas $9 $10 $22 $22 System Energy $— $— $18 $—
Entergy Arkansas [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2021 2020 2021 2020 (In Millions) Entergy $17 $17 $72 $61 Entergy Arkansas $— ($2) $8 $9 Entergy Louisiana $8 $8 $24 $24 Entergy New Orleans $— $1 $— $6 Entergy Texas $9 $10 $22 $22 System Energy $— $— $18 $—
Entergy Louisiana [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2021 2020 2021 2020 (In Millions) Entergy $17 $17 $72 $61 Entergy Arkansas $— ($2) $8 $9 Entergy Louisiana $8 $8 $24 $24 Entergy New Orleans $— $1 $— $6 Entergy Texas $9 $10 $22 $22 System Energy $— $— $18 $—
Entergy New Orleans [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2021 2020 2021 2020 (In Millions) Entergy $17 $17 $72 $61 Entergy Arkansas $— ($2) $8 $9 Entergy Louisiana $8 $8 $24 $24 Entergy New Orleans $— $1 $— $6 Entergy Texas $9 $10 $22 $22 System Energy $— $— $18 $—
Entergy Texas [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2021 2020 2021 2020 (In Millions) Entergy $17 $17 $72 $61 Entergy Arkansas $— ($2) $8 $9 Entergy Louisiana $8 $8 $24 $24 Entergy New Orleans $— $1 $— $6 Entergy Texas $9 $10 $22 $22 System Energy $— $— $18 $—
System Energy [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2021 2020 2021 2020 (In Millions) Entergy $17 $17 $72 $61 Entergy Arkansas $— ($2) $8 $9 Entergy Louisiana $8 $8 $24 $24 Entergy New Orleans $— $1 $— $6 Entergy Texas $9 $10 $22 $22 System Energy $— $— $18 $—

Revenue Recognition Revenue Rec

Revenue Recognition Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2021
Disaggregation of Revenue [Table Text Block]	Entergy’s total revenues for the three months ended September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $1,291,645 $1,153,220 Commercial 756,903 647,119 Industrial 814,685 589,648 Governmental 66,167 56,710 Total billed retail 2,929,400 2,446,697 Sales for resale (a) 135,220 145,187 Other electric revenues (b) 81,343 69,122 Revenues from contracts with customers 3,145,963 2,661,006 Other revenues (c) 14,006 5,799 Total electric revenues 3,159,969 2,666,805 Natural gas 31,254 22,357 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 158,608 195,184 Other revenues (c) 3,701 19,222 Total competitive businesses revenues 162,309 214,406 Total operating revenues $3,353,532 $2,903,568 Entergy’s total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 2020 (In Thousands) Utility: Residential $3,114,084 $2,742,118 Commercial 1,958,284 1,712,179 Industrial 2,169,295 1,723,367 Governmental 184,576 156,251 Total billed retail 7,426,239 6,333,915 Sales for resale (a) 459,425 251,674 Other electric revenues (b) 348,683 288,009 Revenues from contracts with customers 8,234,347 6,873,598 Other revenues (c) 105,417 34,401 Total electric revenues 8,339,764 6,907,999 Natural gas 121,420 88,829 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 537,402 586,906 Other revenues (c) 21,854 159,800 Total competitive businesses revenues 559,256 746,706 Total operating revenues $9,020,440 $7,743,534
Allowance for Doubtful Accounts	The following table sets forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 30, 2021 and 2020. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2020 $117.7 $18.3 $45.7 $19.5 $17.4 $16.8 Provisions 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6
Entergy Arkansas [Member]
Disaggregation of Revenue [Table Text Block]	The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452
Allowance for Doubtful Accounts	The following table sets forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 30, 2021 and 2020. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2020 $117.7 $18.3 $45.7 $19.5 $17.4 $16.8 Provisions 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6
Entergy Louisiana [Member]
Disaggregation of Revenue [Table Text Block]	The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452
Allowance for Doubtful Accounts	The following table sets forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 30, 2021 and 2020. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2020 $117.7 $18.3 $45.7 $19.5 $17.4 $16.8 Provisions 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6
Entergy Mississippi [Member]
Disaggregation of Revenue [Table Text Block]	The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452
Allowance for Doubtful Accounts	The following table sets forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 30, 2021 and 2020. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2020 $117.7 $18.3 $45.7 $19.5 $17.4 $16.8 Provisions 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6
Entergy New Orleans [Member]
Disaggregation of Revenue [Table Text Block]	The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452
Allowance for Doubtful Accounts	The following table sets forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 30, 2021 and 2020. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2020 $117.7 $18.3 $45.7 $19.5 $17.4 $16.8 Provisions 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6
Entergy Texas [Member]
Disaggregation of Revenue [Table Text Block]	The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2021 and 2020 were as follows: 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452
Allowance for Doubtful Accounts	The following table sets forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 30, 2021 and 2020. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2020 $117.7 $18.3 $45.7 $19.5 $17.4 $16.8 Provisions 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6

Commitments and Contingencies C

Commitments and Contingencies Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended			9 Months Ended
	Oct. 31, 2021	Aug. 31, 2021	Jan. 31, 2021	Sep. 30, 2021	Sep. 30, 2020
Loss Contingencies [Line Items]
Litigation proceeds for reimbursement of spent nuclear fuel storage costs				$ 49,236	$ 67,252
Entergy Louisiana [Member]
Loss Contingencies [Line Items]
Litigation proceeds for reimbursement of spent nuclear fuel storage costs				8,690	5,090
Entergy Louisiana [Member] | River Bend
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party		$ 21,000
Damages awarded for previously recorded operation and maintenance		4,000
Damages awarded for previously capitalized costs		9,000
Damages awarded for previously recorded nuclear fuel expense		8,000
Entergy Arkansas [Member]
Loss Contingencies [Line Items]
Litigation proceeds for reimbursement of spent nuclear fuel storage costs				$ 0	$ 55,001
Entergy Wholesale Commodities [Member] | Palisades [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party			$ 23,100
Damages awarded for previously recorded operation and maintenance			7,100
Damages awarded for previously capitalized costs			15,700
Damages awarded for previously recorded taxes other than income taxes			300
Reduction of previously recorded deprecation expense			$ 9,100
Entergy Wholesale Commodities [Member] | Pilgrim
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party		$ 37,600
Entergy Wholesale Commodities [Member] | Indian Point Energy Center | Subsequent Event [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party	$ 83,000

Rate And Regulatory Matters (Na

Rate And Regulatory Matters (Narrative) (Details) - USD ($)	Oct. 26, 2021	Oct. 31, 2021	Sep. 30, 2021	Aug. 31, 2021	Jul. 31, 2021	Jun. 30, 2021	May 31, 2021	Apr. 30, 2021	Mar. 31, 2021	Feb. 28, 2021	Dec. 31, 2020	Nov. 30, 2020	Oct. 31, 2020	May 31, 2020	May 31, 2019	Jul. 31, 2017	Dec. 31, 2021	Feb. 28, 2021	Aug. 31, 2020	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021	Jul. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Aug. 31, 2020	Aug. 31, 2024	Aug. 31, 2024	Jun. 30, 2020	Apr. 30, 2020
Impairment of Long-Lived Assets Held-for-use																				$ 345,200,000	$ 16,117,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			$ 2,912,379,000								$ 2,012,030,000									2,912,379,000
Proceeds from the issuance of long-term debt																				6,269,152,000	8,170,607,000
Hurricane Ida
Public Utilities, Property, Plant and Equipment, Construction Work in Progress				$ 1,300,000,000
Regulatory Assets				850,000,000
Minimum [Member] | Hurricane Ida
Total Restoration Costs For Repair and Replacement of Electrical System				2,100,000,000
Maximum [Member] | Hurricane Ida
Total Restoration Costs For Repair and Replacement of Electrical System				2,500,000,000
Entergy Louisiana [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount				$ 14,200,000		$ 63,000,000									$ 109,500,000					63,000,000
Regulatory asset related to costs associated with COVID-19 pandemic			59,200,000																	59,200,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			1,908,777,000								667,281,000									1,908,777,000
Proceeds from the issuance of long-term debt																				$ 2,404,102,000	1,800,392,000
Amount transfer from restricted escrow account as storm damage reserve												$ 257,000,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent																				21.00%
Storm Reserve Escrow Account								$ 290,000,000
Estimated remaining costs for completion of J. Wayne Leonard Power Station										$ 3,100,000
Earned return on common equity				8.45%		8.45%
Public Utilities, Requested Rate Increase (Decrease), Amended, Amount				$ 64,900,000		$ 50,700,000
Aggregate principal amount of system restoration bonds authorization requested			3,180,000,000																	$ 3,180,000,000
ESI Interest income excluded in 2019 FRP filing														$ 251,000
Entergy Louisiana [Member] | Mortgage Bonds Zero Point Six Two Percent Series Due November 2023
Proceeds from the issuance of long-term debt												$ 1,100,000,000
Debt instrument, interest rate, stated percentage												0.62%
Entergy Louisiana [Member] | Winter Storm Uri
Fuel Costs										166,000,000
Entergy Louisiana [Member] | Hurricanes Laura, Delta, Zeta, and Winter Storm Uri
Total Restoration Costs For Repair and Replacement of Electrical System								2,060,000,000
Non-capital storm costs								380,000,000
Deferred Storm and Property Reserve Deficiency, Noncurrent								1,680,000,000
Total Restoration Costs For Repair and Replacement of Electrical System including carrying costs								2,110,000,000
Entergy Louisiana [Member] | Hurricane Ida
Public Utilities, Property, Plant and Equipment, Construction Work in Progress				1,200,000,000
Deferred Storm and Property Reserve Deficiency, Noncurrent			1,000,000,000																	1,000,000,000
Incremental principal amount of system restoration bonds issuance authorization requested for Hurricane Ida			1,000,000,000																	1,000,000,000
Regulatory Assets				800,000,000
Entergy Louisiana [Member] | Subsequent Event [Member]
Distribution recovery mechanism - amount per year																												$ 225,000,000
Formula rate plan revenue increase limit - exclusive of riders																											$ 70,000,000
Deferral of expenditures on vegetation management																											$ 7,000,000
Authorized return on common equity																												9.50%
Entergy Louisiana [Member] | Subsequent Event [Member] | Minimum [Member]
Authorized return on common equity																												9.00%
Entergy Louisiana [Member] | Subsequent Event [Member] | Maximum [Member]
Authorized return on common equity																												10.00%
Entergy Mississippi [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount									$ 95,400,000
Rate Increase Included in Formula Rate Plan									$ 44,300,000
Regulatory asset related to costs associated with COVID-19 pandemic			18,200,000																	18,200,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			202,495,000								134,854,000									202,495,000
Proceeds from the issuance of long-term debt																				200,539,000	165,399,000
Public Utilities, Requested Return on Equity, Percentage						6.12%			6.69%
Cap on 2020 retail revenues									2.00%
Demand side management costs									$ 3,900,000
Interim increase in formula rate plan revenues									16,800,000
Interim rate adjustment						$ 1,700,000			1,700,000
Total interim rate adjustments									18,500,000
Interim increase in formula rate plan revenues due to adjustments									22,100,000
Formula rate plan revenue increase including demand side management costs						48,200,000			$ 48,200,000
Public Utilities, Approved Rate Increase (Decrease), Amount						17,500,000
Formula rate plan increase related to COVID-19 non-bad debt expense						3,700,000
Regulatory asset to reflect terms of joint stipulation						$ 19,900,000																$ 19,900,000
Entergy Mississippi [Member] | Maximum [Member]
Public Utilities, Requested Rate Increase (Decrease), Percentage									4.00%
Entergy New Orleans [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount					$ 64,000,000
public utilities proposed customer credits																		$ 100
Regulatory asset related to costs associated with COVID-19 pandemic			12,700,000																	12,700,000
Opportunity Sales Refund to be Redirected to Cares Program																													$ 7,000,000
Non-Securitized Storm Reserves Reallocated to Cares Program																													$ 15,000,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			108,818,000								12,460,000									108,818,000
Credits to customer bills resulting from City Council Cares Program			4,300,000																	4,300,000
Proceeds from the issuance of long-term debt																				$ 0	138,930,000
Authorized return on common equity																				9.35%
Storm Reserve Escrow Account			0								83,038,000									$ 0
Withdrawal from storm reserves									$ 44,000,000
Earned return on common equity																				6.26%
Entergy New Orleans [Member] | Hurricane Zeta
Total Restoration Costs For Repair and Replacement of Electrical System							$ 36,000,000
Non-capital storm costs							8,000,000
Deferred Storm and Property Reserve Deficiency, Noncurrent							$ 28,000,000
Entergy New Orleans [Member] | Hurricane Ida
Public Utilities, Property, Plant and Equipment, Construction Work in Progress				75,000,000
Withdrawal from storm reserves			39,000,000
Regulatory Assets				45,000,000
Entergy New Orleans [Member] | Electricity [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount					40,000,000
Public Utilities, Approved Rate Increase (Decrease), Amount					5,200,000
Entergy New Orleans [Member] | Natural Gas [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount					18,800,000
Public Utilities, Approved Rate Increase (Decrease), Amount					300,000
Entergy New Orleans [Member] | Maximum [Member]
public utilities proposed customer credits																		$ 400
Entergy New Orleans [Member] | Subsequent Event [Member]
Public Utilities, Approved Rate Increase (Decrease), Amount	$ 49,500,000
Entergy New Orleans [Member] | Subsequent Event [Member] | Electricity [Member]
Public Utilities, Approved Rate Increase (Decrease), Amount	34,900,000
Public Utilities, Interim Rate Increase (Decrease), Amount		$ 10,000,000
Customer Refund Liability, Current	17,400,000
Entergy New Orleans [Member] | Subsequent Event [Member] | Natural Gas [Member]
Public Utilities, Approved Rate Increase (Decrease), Amount	$ 14,600,000
Public Utilities, Interim Rate Increase (Decrease), Amount		4,500,000
Entergy Texas [Member]
Regulatory asset related to costs associated with COVID-19 pandemic			12,800,000																	$ 12,800,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			158,458,000								879,908,000									158,458,000
Proceeds from the issuance of long-term debt																				127,931,000	344,110,000
Entergy Texas [Member] | Montgomery County Power Station
Percentage of Undivided Ownership Interest						7.56%
Entergy Texas [Member] | Hurricanes Laura and Delta and Winter Storm Uri
Total Restoration Costs For Repair and Replacement of Electrical System								250,000,000
Non-capital storm costs								50,000,000
Deferred Storm and Property Reserve Deficiency, Noncurrent								200,000,000
Amount to be charged to storm reserve and excluded from securitization			4,300,000
Black box amount to be excluded from securitization			5,000,000
Audit attestation costs to be excluded from securitization			300,000
Entergy Texas [Member] | Hurricane Laura
Interim fuel refund for cumulative over-recovery										$ 75,000,000
Entergy Texas [Member] | Hurricane Harvey
Remaining restoration costs for repair and replacement of electrical system; previously-approved								$ 13,000,000
Entergy Arkansas [Member]
Energy Cost Recovery Rider Rate Per kWh																									$ 0.01052
Regulatory asset related to costs associated with COVID-19 pandemic			24,500,000																	24,500,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			401,058,000								234,213,000									401,058,000
Proceeds from the issuance of long-term debt																				708,126,000	1,058,977,000
Provision for rate refund											43,500,000
Net change in required FRP rider revenue					$ 19,400,000
Public Utilities, Requested Return on Equity, Percentage					7.65%			9.65%	9.75%
Earned return on common equity					7.92%
Annual revenue constraint per rate class percentage					4.00%
Reduced proposed increase in revenue requirement to comply with annual revenue constraint					$ 72,400,000
Projected Revenue Deficiency					89,200,000
Formula rate plan revenue increase					$ 108,700,000
Entergy Arkansas [Member] | Subsequent Event [Member]
Energy Cost Recovery Rider Rate Per kWh																								$ 0.00959
Net change in required FRP rider revenue		19,400,000															$ 39,800,000
Reduced proposed increase in revenue requirement to comply with annual revenue constraint		72,100,000
Projected Revenue Deficiency		62,800,000
Formula rate plan revenue increase		82,200,000
System Energy [Member]
Refund of Lease Payments																														$ 17,200,000
Rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback			422,000,000																	422,000,000
Interest Portion of rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback			123,000,000																	123,000,000
Refund related to depreciation expense adjustments			19,000,000																	19,000,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			97,655,000								59,831,000									97,655,000
Proceeds from the issuance of long-term debt																				565,610,000	$ 859,727,000
Authorized return on common equity									10.94%
FERC requested authorized return on equity for System Energy in return on equity proceeding, rebuttal									9.32%
Percent Equity in Proposed Common Equity Ratio									48.15%
Estimated refund related to FERC proceeding			60,000,000																	60,000,000
Estimated annual rate reduction			45,000,000																	45,000,000
Provision related to FERC proceeding			$ 37,000,000																	$ 37,000,000
One-time accumulated deferred income tax credit											25,200,000
Sale Leaseback Transaction, Net Book Value																														$ 70,000,000
Legacy Entergy Louisiana [Member] | Entergy Louisiana [Member]
Public Utilities, Requested Rate Increase (Decrease), Amended, Amount				32,800,000		$ 27,000,000
Legacy Entergy Gulf States Louisiana [Member] | Entergy Louisiana [Member]
Public Utilities, Requested Rate Increase (Decrease), Amended, Amount				32,100,000		$ 23,700,000
Grand Gulf [Member] | System Energy [Member]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage																				11.50%
Requested refund of alleged replacement energy costs									$ 360,000,000
Grand Gulf [Member] | System Energy [Member] | Maximum [Member]
Proposed limit on capital improvement project costs before pre-authorization is required									$ 125,000,000
Distribution Cost Recovery Factor Rider [Member] | Entergy Texas [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount				$ 40,200,000									$ 26,300,000
Revenue increase resulting from incremental revenue																			$ 6,800,000			$ 13,900,000
Transmission Cost Recovery Factor Rider [Member] | Entergy Texas [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount													51,000,000
Revenue increase resulting from incremental revenue																							$ 15,100,000			$ 31,600,000
Transmission Cost Recovery Factor Rider [Member] | Entergy Texas [Member] | Subsequent Event [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount		$ 66,100,000
Generation Cost Recovery Rider | Entergy Texas [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount											$ 86,000,000		$ 91,000,000
Energy Cost Recovery Rider [Member] | Entergy Arkansas [Member] | ANO Stator Event [Member]
Public Utilities, Requested Rate Increase (Decrease), Amended, Amount																$ 65,900,000

Equity (Narrative) (Details)

Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended			3 Months Ended		9 Months Ended
	Oct. 31, 2021	Aug. 31, 2021	Jun. 30, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	May 01, 2021	Apr. 30, 2021	Dec. 31, 2020
Equity [Abstract]
Stock Options Excluded From Diluted Common Shares Outstanding Calculation				1,000,000	500,000	1,000,000	500,000
Common stock dividend (in dollars per share)				$ 0.95	$ 0.93	$ 2.85	$ 2.79
Shares Issued, Price Per Share		$ 111.16	$ 106.87
Equity Distribution Sales Agreement, Maximum Aggregate Gross Sales Price [Abstract]				$ 1,000		$ 1,000
Forward Sale Agreement, Aggregate Compensation to Sales Agents [Abstract]
Common Stock, Shares Authorized				499,000,000		499,000,000		499,000,000	500,000,000	500,000,000
Preferred Stock, Shares Authorized				1,000,000		1,000,000		1,000,000		0
Equity Distribution Sales Agreement, Net Sales Price						$ 26.8
Equity Distribution Sales Agreement, Gross Sales Price						28.2
Equity Distribution Sales Agreement, Aggregate Compensation to Sales Agents						0.3
Equity Distribution Sales Agreement, General Issuance Costs						$ 1.1
Forward Sale Agreement, Equity Offering Shares		1,692,555	416,853
Forward Sale Agreement, Gross Sales Price		$ 190.1	$ 45
Forward Sale Agreement, Aggregate Compensation to Sales Agents		$ 1.9	$ 0.5
Stock Issued During Period, Shares, Treasury Stock Reissued						465,135
Stock Issued During Period, Shares, New Issues				0		265,468
System Energy [Member]
Forward Sale Agreement, Aggregate Compensation to Sales Agents [Abstract]
Common Stock, Shares Authorized				1,000,000		1,000,000				1,000,000
Entergy Texas [Member]
Forward Sale Agreement, Aggregate Compensation to Sales Agents [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)	$ 1.01
Shares Issued, Price Per Share	$ 100.35
Forward Sale Agreement, Aggregate Compensation to Sales Agents [Abstract]
Forward Sale Agreement, Equity Offering Shares	250,743
Forward Sale Agreement, Gross Sales Price	$ 25.4
Forward Sale Agreement, Aggregate Compensation to Sales Agents	$ 0.3

Equity (Schedule Of Earnings Pe

Equity (Schedule Of Earnings Per Share, Basic And Diluted) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Incremental Weighted Average Shares Attributable to Dilutive Effect [Abstract]
Stock options, Shares	400,000	400,000	400,000	400,000
Stock options $/share	$ 0	$ 0	$ (0.01)	$ (0.01)
Restricted stock, Shares	600,000	500,000	400,000	500,000
Restricted stock $/share	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)
Basic earnings per share
Net Income (Loss) Available to Common Stockholders, Basic	$ 531,003	$ 521,119	$ 859,594	$ 1,000,366
Net Income (Loss) Available to Common Stockholders, Diluted	$ 531,000	$ 521,100	$ 859,600	$ 1,000,400
Net Income Attributable to Entergy Corporation, Shares	200,963,049	200,220,018	200,756,267	200,063,256
Net Income Attributable to Entergy Corporation, $/share	$ 2.64	$ 2.60	$ 4.28	$ 5
Diluted earnings per share, Shares	202,003,329	201,115,768	201,568,508	200,957,465
Diluted earnings per share $/share	$ 2.63	$ 2.59	$ 4.26	$ 4.98

Equity (Accumulated Other Compr

Equity (Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	$ (472,039)	$ (478,739)		$ (390,420)	$ (388,604)		$ (472,039)	$ (390,420)	$ (449,207)	$ (446,920)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(2,187)			(4,783)			(45,372)	117,044
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	8,887			2,967			22,540	(60,544)
Other comprehensive income (loss)	6,700	21,768	$ (51,300)	(1,816)	10,383	$ 47,933	(22,832)	56,500
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	9,693	11,855		57,560	60,255		9,693	57,560	56,650	25,946
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(2,173)			181			(46,826)	40,439
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	11			(2,876)			(131)	(8,825)
Other comprehensive income (loss)	(2,162)			(2,695)			(46,957)	31,614
Accumulated Other Comprehensive Income [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income (loss)	6,700	21,768	(51,300)	(1,816)	10,383	47,933
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	(480,673)	(489,511)		(468,512)	(485,949)		(480,673)	(468,512)	(534,576)	(557,072)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	0			0			0	34,349
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	8,838			17,437			53,903	54,211
Other comprehensive income (loss)	8,838			17,437			53,903	88,560
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	(1,059)	(1,083)		20,532	37,090		(1,059)	20,532	28,719	84,206
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(14)			(4,964)			1,454	42,256
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	38			(11,594)			(31,232)	(105,930)
Other comprehensive income (loss)	24			(16,558)			(29,778)	(63,674)
Entergy Louisiana [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	4,377						4,377		4,327
Other comprehensive income (loss)	(131)	588	(407)	(800)	(945)	9,467	50	7,722
Entergy Louisiana [Member] | Accumulated Other Comprehensive Income [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income (loss)	(131)	588	$ (407)	(800)	(945)	$ 9,467
Entergy Louisiana [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	4,377	$ 4,508		12,284	$ 13,084		4,377	12,284	$ 4,327	$ 4,562
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax							0	10,050
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(131)			(800)			50	(2,328)
Other comprehensive income (loss)	$ (131)			$ (800)			$ 50	$ 7,722

Equity (Reclassification out of

Equity (Reclassification out of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 3,353,532			$ 2,903,568			$ 9,020,440	$ 7,743,534
Other Nonoperating Income (Expense)	(16,797)			(58,914)			(140,571)	(129,145)
Income taxes (benefits)	(158,282)			(149,444)			(205,808)	(167,366)
Consolidated net income	535,583	$ (1,394)	$ 339,145	525,699	$ 365,113	$ 123,294	873,333	1,014,105
Competitive Businesses [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	162,309			214,406			559,256	746,706
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Consolidated net income	(8,887)			(2,967)			(22,540)	60,544
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)	(48)			(48)			(145)	(145)
INCOME (LOSS) BEFORE INCOME TAXES	(48)			14,676			39,534	134,088
Income taxes (benefits)	10			(3,082)			(8,302)	(28,158)
Consolidated net income	(38)			11,594			31,232	105,930
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Competitive Businesses [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0			14,724			39,679	134,233
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)	6			(1,674)			(76)	(5,138)
Consolidated net income	(11)			2,876			131	8,825
Realized Investment Gains (Losses)	(17)			4,550			207	13,963
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	5,248			5,682			15,744	15,083
Amortization of loss	(13,490)			(27,620)			(75,553)	(82,561)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	(3,192)			(196)			(9,235)	(196)
INCOME (LOSS) BEFORE INCOME TAXES	(11,434)			(22,134)			(69,044)	(67,674)
Income taxes (benefits)	2,596			4,697			15,141	13,463
Consolidated net income	(8,838)			(17,437)			(53,903)	(54,211)
Entergy Louisiana [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,420,708			1,120,022			3,795,950	3,062,321
Other Nonoperating Income (Expense)	(8,924)			(40,025)			(79,595)	(57,235)
Income taxes (benefits)	(56,536)			(49,287)			(120,479)	(35,014)
Consolidated net income	224,475	$ 143,927	$ 166,626	223,466	$ 170,459	$ 189,396	535,028	583,321
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	1,230			1,695			3,690	4,479
Amortization of loss	(519)			(417)			(1,824)	(1,137)
Defined Benefit Plan, Accumulated Benefit Obligation, (Increase) Decrease for Settlement and Curtailment	(534)			(196)			(1,934)	(196)
INCOME (LOSS) BEFORE INCOME TAXES	177			1,082			(68)	3,146
Income taxes (benefits)	(46)			(282)			18	(818)
Consolidated net income	$ 131			$ 800			$ (50)	$ 2,328

Revolving Credit Facilities, _3

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Narrative) (Details) $ in Thousands	1 Months Ended							9 Months Ended
	Oct. 31, 2021USD ($)	Sep. 30, 2021USD ($)	Aug. 31, 2021USD ($)	Jun. 30, 2021USD ($)	May 31, 2021USD ($)	Apr. 30, 2021USD ($)	Mar. 31, 2021USD ($)	Sep. 30, 2021USD ($)	May 01, 2021	Dec. 31, 2020USD ($)
Debt Instrument [Line Items]
Amount of Facility		$ 3,500,000						$ 3,500,000
Amount Drawn/ Outstanding		$ 325,000						$ 325,000
Commercial Paper Program [Member]
Debt Instrument [Line Items]
Debt, weighted average interest rate		0.30%						0.30%
Commercial Paper program limit		$ 2,000,000						$ 2,000,000
Commercial Paper Amount Outstanding		1,006,000						1,006,000
Credit Facility [Member]
Debt Instrument [Line Items]
Amount of Facility		3,500,000						3,500,000
Amount of total borrowing capacity against which fronting commitments exist		20,000						$ 20,000
Line of credit facility, commitment fee percentage								0.225%
Line of Credit Facility, Interest Rate During Period								1.60%
1.90% Series senior notes due June 2028
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage							1.90%
Amount							$ 650,000
2.40% Series senior notes due June 2031
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage							2.40%
Amount							$ 650,000
Entergy Arkansas [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings		250,000						$ 250,000
Amount of total borrowing capacity against which fronting commitments exist		5,000						5,000
Letters of Credit Outstanding, Amount		1,000						1,000
Entergy Arkansas [Member] | Revolving Credit Facility
Debt Instrument [Line Items]
Amount of Facility							150,000
Entergy Arkansas [Member] | Short-term revolving credit facility
Debt Instrument [Line Items]
Amount of Facility							$ 25,000
Entergy Arkansas [Member] | 3.35% Series mortgage bonds due June 2052
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage							3.35%
Proceeds from Issuance of Debt							$ 400,000
Entergy Louisiana [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings		450,000						450,000
Amount of total borrowing capacity against which fronting commitments exist		15,000						15,000
Letters of Credit Outstanding, Amount		1,500						1,500		$ 300
Entergy Louisiana [Member] | 2.35% Series mortgage bonds due June 2032
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage							2.35%
Proceeds from Issuance of Debt							$ 500,000
Entergy Louisiana [Member] | 4.80% Series mortgage bonds due May 2021
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage							4.80%
Repayments of Debt							$ 200,000
Entergy Louisiana [Member] | 3.10% Series mortgage bonds due June 2041
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage							3.10%
Proceeds from Issuance of Debt							$ 500,000
Entergy Louisiana [Member] | 2.00% pollution control refunding revenue bonds due June 2030
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage						2.00%
Proceeds from Issuance of Debt						$ 16,200
Entergy Louisiana [Member] | 2.50% pollution control refunding revenue bonds due April 2036
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage						2.50%
Proceeds from Issuance of Debt						$ 182,480
Entergy Louisiana [Member] | 3.375% Pollution contol refunding revenue bonds due 2028
Debt Instrument [Line Items]
Repayments of Debt						83,680
Entergy Louisiana [Member] | 3.50% Pollution control refunding revenue bond due 2030
Debt Instrument [Line Items]
Repayments of Debt						$ 115,000
Entergy Mississippi [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings		175,000						175,000
Letters of Credit Outstanding, Amount		700						700		200
Non-MISO letter of credit outstanding		1,000						1,000
Entergy Mississippi [Member] | 3.50% Series mortgage bonds due June 2051 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage							3.50%
Proceeds from Issuance of Debt							$ 200,000
Entergy Mississippi [Member] | Revolving Credit Facility
Debt Instrument [Line Items]
Amount of Facility							$ 82,500
Entergy Texas [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings		200,000						200,000
Amount of total borrowing capacity against which fronting commitments exist		30,000						30,000
Letters of Credit Outstanding, Amount		$ 800						$ 800		500
Entergy Texas [Member] | 2.55% Series mortgage bonds due June 2021 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage									2.55%
Repayments of Debt					$ 125,000
Entergy Texas [Member] | 1.50% Series mortgage bonds due September 2026
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage			1.50%
Proceeds from Issuance of Debt			$ 130,000
Entergy Texas [Member] | 4.10% Series mortgage bonds due September 2021
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		4.10%						4.10%
Repayments of Debt		$ 75,000
System Energy [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings		200,000						$ 200,000
System Energy [Member] | 2.375% refunding revenue bonds due June 2044
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage				2.375%
Proceeds from Issuance of Debt				$ 83,695
System Energy [Member] | Outstanding revenue bonds
Debt Instrument [Line Items]
Repayments of Debt				$ 83,695
Entergy New Orleans [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings		150,000						150,000
Amount of total borrowing capacity against which fronting commitments exist		10,000						10,000
Letters of Credit Outstanding, Amount		300						300		$ 200
System Energy VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding		40,700						$ 40,700
Line of Credit Facility, Interest Rate During Period								1.18%
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		5,300						$ 5,300
Line of Credit Facility, Interest Rate During Period								1.20%
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		49,300						$ 49,300
Line of Credit Facility, Interest Rate During Period								1.18%
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		53,200						$ 53,200
Line of Credit Facility, Interest Rate During Period								1.17%
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						$ 139,000
Amount Drawn/ Outstanding		$ 139,000						$ 139,000
Debt, weighted average interest rate		1.69%						1.69%
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						0.65
Maximum [Member] | Entergy Arkansas [Member]
Debt Instrument [Line Items]
Consolidated debt ratio		0.65						0.65
Consolidated debt ratio of total capitalization								70.00%
Maximum [Member] | Entergy Louisiana [Member]
Debt Instrument [Line Items]
Consolidated debt ratio		0.65						0.65
Consolidated debt ratio of total capitalization								70.00%
Maximum [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Consolidated debt ratio		0.65						0.65
Maximum [Member] | Entergy Texas [Member]
Debt Instrument [Line Items]
Consolidated debt ratio		0.65						0.65
Maximum [Member] | System Energy [Member]
Debt Instrument [Line Items]
Consolidated debt ratio		0.65						0.65
Consolidated debt ratio of total capitalization								70.00%
Maximum [Member] | Entergy New Orleans [Member]
Debt Instrument [Line Items]
Consolidated debt ratio		0.65						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						$ 350,000
Letters of Credit Outstanding, Amount		0						0
Amount Drawn/ Outstanding		0						$ 0
Line of Credit Facility, Interest Rate During Period								1.33%
Credit Facility Of One Hundred And Fifty Million [Member] | Entergy Arkansas [Member]
Debt Instrument [Line Items]
Amount of Facility		150,000						$ 150,000
Letters of Credit Outstanding, Amount		0						0
Amount Drawn/ Outstanding		0						$ 0
Line of Credit Facility, Interest Rate During Period								1.21%
Credit Facility Of One Hundred And Fifty Million [Member] | Entergy Texas [Member]
Debt Instrument [Line Items]
Amount of Facility		150,000						$ 150,000
Letters of Credit Outstanding, Amount		1,300						1,300
Amount Drawn/ Outstanding		0						$ 0
Line of Credit Facility, Interest Rate During Period								1.58%
Credit Facility Of Thirty Seven Point Five Million [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Amount of Facility		37,500						$ 37,500
Letters of Credit Outstanding, Amount		0						0
Amount Drawn/ Outstanding		0						$ 0
Line of Credit Facility, Interest Rate During Period								1.58%
Credit Facility Of Thirty Five Million [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Amount of Facility		35,000						$ 35,000
Letters of Credit Outstanding, Amount		0						0
Amount Drawn/ Outstanding		0						$ 0
Line of Credit Facility, Interest Rate During Period								1.58%
Credit Facility Of Ten Million [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Amount of Facility		10,000						$ 10,000
Letters of Credit Outstanding, Amount		0						0
Amount Drawn/ Outstanding		0						$ 0
Line of Credit Facility, Interest Rate During Period								1.58%
Credit Facility Of Twenty Five Million [Member] | Entergy Arkansas [Member]
Debt Instrument [Line Items]
Amount of Facility		25,000						$ 25,000
Letters of Credit Outstanding, Amount		0						0
Amount Drawn/ Outstanding		0						$ 0
Line of Credit Facility, Interest Rate During Period								2.75%
Credit Facility Of Twenty Five Million [Member] | Entergy New Orleans [Member]
Debt Instrument [Line Items]
Amount of Facility		25,000						$ 25,000
Letters of Credit Outstanding, Amount		0						0
Amount Drawn/ Outstanding		25,000						$ 25,000
Line of Credit Facility, Interest Rate During Period								1.71%
Subsequent Event [Member] | Entergy Louisiana [Member] | 0.95% Series mortgage bonds due October 2024
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	0.95%
Proceeds from Issuance of Debt	$ 1,000,000
Credit Facility of Sixty Five Million [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Letters of Credit Outstanding, Amount		2,300						$ 2,300
Uncommitted Credit Facility		$ 65,000						$ 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	Sep. 30, 2021USD ($)
Summary of the borrowings outstanding and capacity available under the facility
Capacity	$ 3,500
Amount Drawn/ Outstanding	325
Letters of Credit	6
Capacity Available	$ 3,169

Revolving Credit Facilities, _5

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Credit Facilities) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Amount of Facility	$ 3,500
Amount Drawn/ Outstanding	325
Entergy Arkansas [Member]
Amount of total borrowing capacity against which fronting commitments exist	5
Letters of Credit Outstanding, Amount	1
Entergy Arkansas [Member] | Credit Facility Of Twenty Five Million [Member]
Amount of Facility	$ 25
Interest Rate	2.75%
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	1.21%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Louisiana [Member]
Amount of total borrowing capacity against which fronting commitments exist	15
Letters of Credit Outstanding, Amount	1.5	$ 0.3
Entergy Louisiana [Member] | Credit Facility Of Three Hundred Fifty Million [Member]
Amount of Facility	$ 350
Interest Rate	1.33%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	0.7	0.2
Entergy Mississippi [Member] | Credit Facility Of Thirty Seven Point Five Million [Member]
Amount of Facility	$ 37.5
Interest Rate	1.58%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member] | Credit Facility Of Thirty Five Million [Member]
Amount of Facility	$ 35
Interest Rate	1.58%
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	1.58%
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	0.3	0.2
Entergy New Orleans [Member] | Credit Facility Of Twenty Five Million [Member]
Amount of Facility	$ 25
Interest Rate	1.71%
Amount Drawn/ Outstanding	$ 25
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	0.8	$ 0.5
Entergy Texas [Member] | Credit Facility Of One Hundred And Fifty Million [Member]
Amount of Facility	$ 150
Interest Rate	1.58%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	$ 1.3

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	Sep. 30, 2021USD ($)
Entergy Arkansas [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	$ 250
Borrowings	0
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	175
Borrowings	35
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	20
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	9 Months Ended
	Sep. 30, 2021USD ($)
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Amount Drawn/ Outstanding	$ 325
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	1.20%
Amount Drawn/ Outstanding	$ 5.3
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	1.18%
Amount Drawn/ Outstanding	$ 40.7
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	1.17%
Amount Drawn/ Outstanding	$ 53.2
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	1.18%
Amount Drawn/ Outstanding	$ 49.3
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	Sep. 30, 2021USD ($)
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	Sep. 30, 2021	Dec. 31, 2020
Long-term Debt, Fair Value	$ 26,151,363	$ 24,813,818
Long-term Debt, Book Value	24,617,004	22,369,776
Entergy Arkansas [Member]
Long-term Debt, Fair Value	4,211,956	4,355,632
Long-term Debt, Book Value	3,959,194	3,967,507
Entergy Louisiana [Member]
Long-term Debt, Fair Value	10,622,419	10,258,294
Long-term Debt, Book Value	9,813,493	9,027,451
Entergy Mississippi [Member]
Long-term Debt, Fair Value	2,154,281	2,021,432
Long-term Debt, Book Value	1,981,945	1,780,577
Entergy New Orleans [Member]
Long-term Debt, Fair Value	611,728	620,634
Long-term Debt, Book Value	662,079	642,233
Entergy Texas [Member]
Long-term Debt, Fair Value	2,510,669	2,765,193
Long-term Debt, Book Value	2,353,742	2,493,708
System Energy [Member]
Long-term Debt, Fair Value	762,981	840,540
Long-term Debt, Book Value	$ 745,772	$ 805,274

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	Sep. 30, 2021	Dec. 31, 2020
Entergy Arkansas [Member]
Letters of Credit Outstanding, Amount	$ 1
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	0.7	$ 0.2
Entergy Louisiana [Member]
Letters of Credit Outstanding, Amount	1.5	0.3
Entergy New Orleans [Member]
Letters of Credit Outstanding, Amount	0.3	0.2
Entergy Texas [Member]
Letters of Credit Outstanding, Amount	0.8	$ 0.5
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	$ 2
Credit Facility of Fifty Million [Member] | Entergy Texas [Member]
Uncommitted Credit Facility	$ 50
Letter of Credit Fee, Percentage	0.70%
Letters of Credit Outstanding, Amount	$ 12
Credit Facility of Fifteen Million [Member] | Entergy New Orleans [Member]
Uncommitted Credit Facility	$ 15
Letter of Credit Fee, Percentage	1.00%
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	$ 6.8
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	$ 2.3

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	Jan. 28, 2021	Jan. 31, 2021	Mar. 31, 2021	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards under Entergy's plans, years				3 years
2019 Omnibus Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option granted (in shares)			508,704
Weighted-average grant-date fair value of options granted (in dollars per share)			$ 12.27
Stock options outstanding				2,824,144
Weighted-average exercise price of stock options outstanding (in dollars per share)				$ 90.79
Intrinsic value in the money stock options				$ 40.3
Restricted Awards [Member] | 2019 Omnibus Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock awards granted		392,382
Restricted stock awards granted value (in dollars per share)		$ 95.87
Long Term Incentive Plan [Member] | 2019 Omnibus Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Long-term incentive plan awards		203,983
Percent of performance measure based on relative total shareholder return	80.00%			80.00%
Percent of performance measure based on cumulative adjusted EPS metric	20.00%			20.00%
Long Term Incentive Plan [Member] | 2019 Omnibus Incentive Plan | 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)	$ 110.74
Long Term Incentive Plan [Member] | 2019 Omnibus Incentive Plan | 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)	$ 95.87

Stock-Based Compensation (Finan

Stock-Based Compensation (Financial Information For Stock Options) (Details) - Employee Stock Option [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 1.2	$ 1	$ 3.2	$ 3
Tax benefit recognized in Entergy's net income	0.3	0.3	0.8	0.8
Compensation cost capitalized as part of fixed assets and inventory	$ 0.4	$ 0.4	$ 1.2	$ 1.2

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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 10.6	$ 8.9	$ 31.1	$ 27.9
Tax benefit recognized in Entergy's net income	2.7	2.2	7.9	7.1
Compensation cost capitalized as part of fixed assets and inventory	$ 4.1	$ 3.6	$ 12.1	$ 10.8

Retirement And Other Postreti_3

Retirement And Other Postretirement Benefits (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended			9 Months Ended
	Oct. 31, 2021	Dec. 31, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year			$ 356,000		$ 356,000
Defined Benefit Plan, Plan Assets, Contributions by Employer					347,700
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			66,649		66,649
Defined Benefit Plan, Plan Assets, Contributions by Employer					64,666
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			59,882		59,882
Defined Benefit Plan, Plan Assets, Contributions by Employer					59,422
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			13,715		13,715
Defined Benefit Plan, Plan Assets, Contributions by Employer					13,715
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			5,395		5,395
Defined Benefit Plan, Plan Assets, Contributions by Employer					5,395
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			6,955		6,955
Defined Benefit Plan, Plan Assets, Contributions by Employer					6,631
Difference between rate case pension amounts and actuarially determined pension amounts			11,800		11,800
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			18,663		18,663
Defined Benefit Plan, Plan Assets, Contributions by Employer					18,006
Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 8,300
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		$ 1,983
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		460
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		0
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		0
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		324
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		$ 657
Non Qualified Pension Plans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost			6,900	$ 4,500	16,000	$ 13,600
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment			(2,500)		(2,500)
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			86	83	266	249
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			192	37	280	111
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment			(155)		(155)
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			91	90	283	270
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			7	7	23	21
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			115	118	345	354
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment			(3)		(3)
Pension Plans Defined Benefit [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost			95,173	116,707	373,829	286,451
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment			44,718	32,429	156,266	32,429
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			20,115	34,903	74,508	65,451
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment			7,238	19,708	31,624	19,708
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			25,444	22,177	91,702	53,897
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment			13,209	6,527	48,201	6,527
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			7,568	6,512	24,822	15,220
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment			3,685	2,299	11,447	2,299
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			1,976	1,498	8,314	4,492
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment			1,107	0	4,691	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			3,001	5,922	13,803	10,136
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment			1,634	3,895	8,261	3,895
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			7,888	4,313	22,146	13,103
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment			$ 4,086	$ 0	$ 8,725	$ 0

Retirement And Other Postreti_4

Retirement And Other Postretirement Benefits (Components Of Qualified Net Pension Cost) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	$ 38,531	$ 40,366	$ 126,722	$ 121,124
Interest cost on projected benefit obligation	49,222	59,930	142,702	181,528
Expected return on assets	(106,684)	(103,534)	(318,437)	(310,664)
Amortization of loss	69,386	87,516	266,576	262,034
Net other postretirement benefit cost	95,173	116,707	373,829	286,451
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	44,718	32,429	156,266	32,429
Pension Plans Defined Benefit [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	6,966	6,580	21,640	19,712
Interest cost on projected benefit obligation	9,396	11,054	26,488	33,920
Expected return on assets	(19,585)	(19,531)	(58,896)	(58,775)
Amortization of loss	16,100	17,092	53,652	50,886
Net other postretirement benefit cost	20,115	34,903	74,508	65,451
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	7,238	19,708	31,624	19,708
Pension Plans Defined Benefit [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	9,230	8,788	29,033	26,376
Interest cost on projected benefit obligation	10,270	12,614	29,695	38,296
Expected return on assets	(22,466)	(22,415)	(67,521)	(67,219)
Amortization of loss	15,201	16,663	52,294	49,917
Net other postretirement benefit cost	25,444	22,177	91,702	53,897
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	13,209	6,527	48,201	6,527
Pension Plans Defined Benefit [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	2,197	2,015	6,865	6,061
Interest cost on projected benefit obligation	2,735	3,234	7,769	9,914
Expected return on assets	(5,629)	(5,783)	(16,815)	(17,297)
Amortization of loss	4,580	4,747	15,556	14,243
Net other postretirement benefit cost	7,568	6,512	24,822	15,220
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	3,685	2,299	11,447	2,299
Pension Plans Defined Benefit [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	735	663	2,304	1,989
Interest cost on projected benefit obligation	1,156	1,457	3,264	4,369
Expected return on assets	(2,678)	(2,627)	(7,941)	(7,881)
Amortization of loss	1,656	2,005	5,996	6,015
Net other postretirement benefit cost	1,976	1,498	8,314	4,492
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	1,107	0	4,691	0
Pension Plans Defined Benefit [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,680	1,529	5,237	4,621
Interest cost on projected benefit obligation	2,213	2,686	6,215	8,250
Expected return on assets	(5,341)	(5,483)	(15,851)	(16,455)
Amortization of loss	2,815	3,295	9,941	9,825
Net other postretirement benefit cost	3,001	5,922	13,803	10,136
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	1,634	3,895	8,261	3,895
Pension Plans Defined Benefit [Member] | System Energy [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	2,141	1,970	6,707	5,900
Interest cost on projected benefit obligation	2,379	2,753	6,757	8,381
Expected return on assets	(4,853)	(4,687)	(14,436)	(14,013)
Amortization of loss	4,135	4,277	14,393	12,835
Net other postretirement benefit cost	7,888	4,313	22,146	13,103
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	4,086	0	8,725	0
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	6,645	6,231	19,935	18,263
Interest cost on projected benefit obligation	5,320	6,888	15,960	21,708
Expected return on assets	(10,805)	(10,182)	(32,415)	(30,692)
Amortization of prior service cost (credit)	(8,267)	(8,985)	(24,801)	(23,892)
Amortization of loss	713	1,005	2,139	2,478
Net other postretirement benefit cost	(6,394)	(5,043)	(19,182)	(12,135)
Other Postretirement [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,034	933	3,102	1,761
Interest cost on projected benefit obligation	932	1,164	2,796	2,381
Expected return on assets	(4,505)	(4,260)	(13,515)	(8,586)
Amortization of prior service cost (credit)	(280)	(396)	(840)	(1,057)
Amortization of loss	49	162	147	217
Net other postretirement benefit cost	(2,770)	(2,397)	(8,310)	(5,284)
Other Postretirement [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,544	1,524	4,632	2,947
Interest cost on projected benefit obligation	1,130	1,497	3,390	3,220
Expected return on assets	0	0	0	0
Amortization of prior service cost (credit)	(1,230)	(1,695)	(3,690)	(2,784)
Amortization of loss	(91)	(81)	(273)	(280)
Net other postretirement benefit cost	1,353	1,245	4,059	3,103
Other Postretirement [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	362	372	1,086	723
Interest cost on projected benefit obligation	278	372	834	794
Expected return on assets	(1,384)	(1,287)	(4,152)	(2,594)
Amortization of prior service cost (credit)	(444)	(444)	(1,332)	(765)
Amortization of loss	19	48	57	77
Net other postretirement benefit cost	(1,169)	(939)	(3,507)	(1,765)
Other Postretirement [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	109	114	327	219
Interest cost on projected benefit obligation	130	186	390	413
Expected return on assets	(1,438)	(1,344)	(4,314)	(2,699)
Amortization of prior service cost (credit)	(229)	(228)	(687)	(304)
Amortization of loss	(178)	9	(534)	(29)
Net other postretirement benefit cost	(1,606)	(1,263)	(4,818)	(2,400)
Other Postretirement [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	346	306	1,038	609
Interest cost on projected benefit obligation	317	477	951	1,059
Expected return on assets	(2,548)	(2,403)	(7,644)	(4,838)
Amortization of prior service cost (credit)	(936)	(939)	(2,808)	(1,489)
Amortization of loss	100	231	300	443
Net other postretirement benefit cost	(2,721)	(2,328)	(8,163)	(4,216)
Other Postretirement [Member] | System Energy [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	335	321	1,005	615
Interest cost on projected benefit obligation	220	276	660	583
Expected return on assets	(789)	(735)	(2,367)	(1,483)
Amortization of prior service cost (credit)	(109)	(282)	(327)	(501)
Amortization of loss	15	33	45	53
Net other postretirement benefit cost	(328)	(387)	(984)	(733)
Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	6,900	4,500	16,000	13,600
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	(2,500)		(2,500)
Non Qualified Pension Plans [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	86	83	266	249
Non Qualified Pension Plans [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	192	37	280	111
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	(155)		(155)
Non Qualified Pension Plans [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	91	90	283	270
Non Qualified Pension Plans [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	7	7	23	21
Non Qualified Pension Plans [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	115	$ 118	345	$ 354
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	$ (3)		$ (3)

Retirement And Other Postreti_5

Retirement And Other Postretirement Benefits (Expected Employer Contributions) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	9 Months Ended
	Oct. 31, 2021	Dec. 31, 2021	Sep. 30, 2021
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year			$ 356,000
Defined Benefit Plan, Plan Assets, Contributions by Employer			347,700
Subsequent Event [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 8,300
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			59,882
Defined Benefit Plan, Plan Assets, Contributions by Employer			59,422
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		$ 460
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			13,715
Defined Benefit Plan, Plan Assets, Contributions by Employer			13,715
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		0
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			5,395
Defined Benefit Plan, Plan Assets, Contributions by Employer			5,395
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		0
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			6,955
Defined Benefit Plan, Plan Assets, Contributions by Employer			6,631
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		324
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			18,663
Defined Benefit Plan, Plan Assets, Contributions by Employer			18,006
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		657
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			66,649
Defined Benefit Plan, Plan Assets, Contributions by Employer			$ 64,666
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		$ 1,983

Retirement And Other Postreti_6

Retirement And Other Postretirement Benefits (Reclassification Out Of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	$ 5,248	$ 5,682	$ 15,744	$ 15,083
Amortization of loss	(13,490)	(27,620)	(75,553)	(82,561)
Total	(11,434)	(22,134)	(69,044)	(67,674)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(3,192)	(196)	(9,235)	(196)
Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	1,230	1,695	3,690	4,479
Amortization of loss	(519)	(417)	(1,824)	(1,137)
Total	177	1,082	(68)	3,146
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(534)	(196)	(1,934)	(196)
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0	0	0
Amortization of loss	(12,439)	(26,462)	(72,322)	(79,387)
Total	(15,170)	(26,658)	(81,096)	(79,583)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(2,731)	(196)	(8,774)	(196)
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	(609)	(497)	(2,093)	(1,495)
Total	(1,137)	(693)	(4,021)	(1,691)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(528)	(196)	(1,928)	(196)
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	5,288	5,739	15,864	15,255
Amortization of loss	(496)	(327)	(1,486)	(680)
Total	4,792	5,412	14,378	14,575
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	1,230	1,695	3,690	4,479
Amortization of loss	91	81	273	361
Total	1,321	1,776	3,963	4,840
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	0	0	0	0
Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	(40)	(57)	(120)	(172)
Amortization of loss	(555)	(831)	(1,745)	(2,494)
Total	(1,056)	(888)	(2,326)	(2,666)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(461)	0	(461)	0
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	(1)	(1)	(4)	(3)
Total	(7)	(1)	(10)	(3)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	$ (6)	$ 0	$ (6)	$ 0

Business Segment Information Bu

Business Segment Information Business Segment Information (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended		12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2022
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Asset Write-Offs, Impairments, And Related Charges			$ 4	$ 345	$ 16
Restructuring Charges		$ 2	19	10	57
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges				9
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member] | Subsequent Event [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	$ 10					$ 5
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member] | Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Restructuring Charges		$ 2	$ 19	$ 9	$ 57

Business Segment Information (S

Business Segment Information (Segment Financial Information) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 3,353,532			$ 2,903,568			$ 9,020,440	$ 7,743,534
Segment Financial Information
Income taxes (benefits)	158,282			149,444			205,808	167,366
Consolidated net income	535,583	$ (1,394)	$ 339,145	525,699	$ 365,113	$ 123,294	873,333	1,014,105
Assets	58,843,499						58,843,499		$ 58,239,212
Utility [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	3,191,240			2,689,186			8,461,241	6,996,876
Segment Financial Information
Income taxes (benefits)	159,472			143,622			290,566	164,383
Consolidated net income	574,399			555,583			1,264,933	1,228,333
Assets	58,948,010						58,948,010		55,940,153
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	162,275			214,371			559,150	746,629
Segment Financial Information
Income taxes (benefits)	8,836			12,321			(47,299)	6,249
Consolidated net income	26,064			30,773			(210,460)	5,523
Assets	1,238,200						1,238,200		3,800,378
All Other [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	24			25			77	54
Segment Financial Information
Income taxes (benefits)	(10,026)			(6,499)			(37,459)	(3,266)
Consolidated net income	(32,982)			(28,758)			(85,445)	(124,056)
Assets	698,699						698,699		552,632
Eliminations
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(7)			(14)			(28)	(25)
Segment Financial Information
Income taxes (benefits)	0			0			0	0
Consolidated net income	(31,898)			$ (31,899)			(95,695)	$ (95,695)
Assets	$ (2,041,410)						$ (2,041,410)		$ (2,053,951)

Business Segment Information _2

Business Segment Information Business Segment Information (Restructuring Costs) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020	Dec. 31, 2019
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges			$ 9
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	$ 2	$ 19	10	$ 57
Restructuring Reserve	35	185	35	185	$ 33	$ 159	$ 167	$ 143
Payments for Restructuring	0	1	134	15
Asset Write-Offs, Impairments, And Related Charges		4	345	16
Entergy Wholesale Commodities [Member] | Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	2	19	9	57
Restructuring Reserve	35	171	35	171	33	145	153	129
Payments for Restructuring	0	1	119	15
Entergy Wholesale Commodities [Member] | Economic Development Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	0	0	1	0
Restructuring Reserve	0	14	0	14	$ 0	$ 14	$ 14	$ 14
Payments for Restructuring	$ 0	$ 0	$ 15	$ 0

Risk Management and Fair Valu_3

Risk Management and Fair Values (Narrative) (Details) TWh in Millions, $ in Millions	3 Months Ended			9 Months Ended
	Dec. 31, 2021TWh	Sep. 30, 2021USD ($)GWhMMBTU	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)GWhMMBTU	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Maturity of cash flow hedges, Tax			$ 3	$ 8	$ 28
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU		30,980,500		30,980,500
Total volume of fixed transmission rights outstanding | GWh		91,873		91,873
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset and Liability Unrealized Gains (Loss) Included in Earnings			(3.7)		(0.2)
Debt Securities, Available-for-sale, Allowance for Credit Loss		$ 0.3		$ 0.3		$ 0.1
Letters Of Credit		6		6
Entergy Arkansas [Member]
Letters of Credit Outstanding, Amount		$ 1		$ 1
Total volume of fixed transmission rights outstanding | GWh		19,386		19,386
Entergy Louisiana [Member]
Letters of Credit Outstanding, Amount		$ 1.5		$ 1.5		0.3
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU		18,260,000		18,260,000
Total volume of fixed transmission rights outstanding | GWh		41,531		41,531
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount		$ 0.7		$ 0.7		0.2
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU		11,438,000		11,438,000
Total volume of fixed transmission rights outstanding | GWh		10,505		10,505
Entergy New Orleans [Member]
Letters of Credit Outstanding, Amount		$ 0.3		$ 0.3		0.2
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU		1,282,500		1,282,500
Total volume of fixed transmission rights outstanding | GWh		4,242		4,242
Entergy Texas [Member]
Letters of Credit Outstanding, Amount		$ 0.8		$ 0.8		0.5
Total volume of fixed transmission rights outstanding | GWh		15,849		15,849
Gas Hedge Contracts [Member] | Entergy Louisiana [Member]
Maximum Length of Time Hedged in Cash Flow Hedge				2 years 6 months
Gas Hedge Contracts [Member] | Entergy Mississippi [Member]
Maximum Length of Time Hedged in Cash Flow Hedge				6 months
Gas Hedge Contracts [Member] | Entergy New Orleans [Member]
Maximum Length of Time Hedged in Cash Flow Hedge				6 months
Electricity Swaps And Options [Member] | Cash Flow Hedging [Member] | Competitive Businesses Operating Revenues [Member]
Maturity of cash flow hedges, before taxes		$ 0	$ 15	$ 40	$ 134
Entergy Wholesale Commodities [Member]
Cash collateral posted		6		6		5
Letters of Credit Held						39
Utility [Member]
Letters Of Credit		$ 4		$ 4		$ 1
Subsequent Event [Member]
Planned generation sold forward from non utility nuclear power plants for the remainder of the period	99.00%
Total planned generation for remainder of the period | TWh	1.7

Risk Management and Fair Valu_4

Risk Management and Fair Values (Fair Values Of Derivative Instruments) (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Entergy Wholesale Commodities [Member]
Derivatives, Fair Value [Line Items]
Cash collateral posted	$ 6	$ 5
Liabilities:
Letters of Credit Held		39
Other Non-Current Liabilities [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability		1
Derivative, Collateral, Right to Reclaim Cash		0
Derivative Liability		1
Other Deferred Debits And Other Assets [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	8	1
Derivative Asset, Fair Value, Gross Asset	8	1
Derivative, Collateral, Obligation to Return Cash		0
Prepayments And Other [Member] | Electricity Swaps And Options [Member] | Entergy Wholesale Commodities [Member] | Designated As Hedging Instrument [Member]
Assets:
Derivative Asset		38
Derivative Asset, Fair Value, Gross Asset		39
Derivative, Collateral, Obligation to Return Cash		(1)
Prepayments And Other [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	39	1
Derivative Asset, Fair Value, Gross Asset	39	1
Derivative, Collateral, Obligation to Return Cash	0	0
Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Utility and Entergy Wholesale Commodities [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	8	9
Derivative Asset, Fair Value, Gross Asset	8	9
Derivative, Collateral, Obligation to Return Cash		0
Other Current Liabilities [Member] | Electricity Swaps And Options [Member] | Entergy Wholesale Commodities [Member] | Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability		1
Derivative, Collateral, Right to Reclaim Cash		(1)
Derivative Liability		0
Other Current Liabilities [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability		6
Derivative, Collateral, Right to Reclaim Cash		0
Derivative Liability		6
Entergy Louisiana [Member]
Liabilities:
Letters of Credit Outstanding, Amount	1.5	0.3
Entergy Louisiana [Member] | Other Deferred Debits And Other Assets [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	2.3	0.5
Derivative Asset, Fair Value, Gross Asset	2.3	0.5
Derivative, Collateral, Obligation to Return Cash	0	0
Entergy Louisiana [Member] | Prepayments And Other [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	19.6	0.8
Derivative Asset, Fair Value, Gross Asset	19.6	0.8
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	2.6	4.2
Derivative Asset, Fair Value, Gross Asset	2.7	4.3
Derivative, Collateral, Obligation to Return Cash	0.1	(0.1)
Entergy Louisiana [Member] | Other Current Liabilities [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability		0.3
Derivative, Collateral, Right to Reclaim Cash		0
Derivative Liability		0.3
Entergy Mississippi [Member]
Liabilities:
Letters of Credit Outstanding, Amount	0.7	0.2
Entergy Mississippi [Member] | Prepayments And Other [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	23.2
Derivative Asset, Fair Value, Gross Asset	23.2
Derivative, Collateral, Obligation to Return Cash	0
Entergy Mississippi [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	0.6	0.6
Derivative Asset, Fair Value, Gross Asset	0.6	0.6
Derivative, Collateral, Obligation to Return Cash	0	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		5
Derivative, Collateral, Right to Reclaim Cash		0
Derivative Liability		5
Entergy New Orleans [Member]
Liabilities:
Letters of Credit Outstanding, Amount	0.3	0.2
Entergy New Orleans [Member] | Prepayments And Other [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	2.3
Derivative Asset, Fair Value, Gross Asset	2.3
Derivative, Collateral, Obligation to Return Cash	0
Entergy New Orleans [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	0.3	0.1
Derivative Asset, Fair Value, Gross Asset	0.3	0.2
Derivative, Collateral, Obligation to Return Cash	0	0.1
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		0.3
Derivative, Collateral, Right to Reclaim Cash		0
Derivative Liability		0.3
Entergy Arkansas [Member]
Liabilities:
Letters of Credit Outstanding, Amount	1
Entergy Arkansas [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	2.4	2.7
Derivative Asset, Fair Value, Gross Asset	2.4	2.9
Derivative, Collateral, Obligation to Return Cash	0	(0.2)
Entergy Texas [Member]
Liabilities:
Letters of Credit Outstanding, Amount	0.8	0.5
Entergy Texas [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	1.7	1.6
Derivative Asset, Fair Value, Gross Asset	1.7	1.6
Derivative, Collateral, Obligation to Return Cash	$ 0	$ 0

Risk Management and Fair Valu_5

Risk Management and Fair Values (Derivative Instruments Designated as Cash Flow Hedges On Consolidated Statements Of Income) (Details) - Competitive Businesses Operating Revenues [Member] - Electricity Swaps And Options [Member] - Cash Flow Hedging [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Effect of Derivative instruments designated as cash flow hedges on consolidated statements of income
Amount of gain reclassified from accumulated OCI into income (effective portion)	$ 0	$ 15	$ 40	$ 134
Unrealized Gain (Loss) on Derivatives	$ 0	$ (6)	$ 2	$ 54

Risk Management and Fair Valu_6

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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Competitive Businesses Operating Revenues [Member] | Electricity Swaps And Options [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) on Derivative, Net	$ 0	$ 2	$ (2)	$ 0
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) on Derivative, Net	37	(1)	62	(3)
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) on Derivative, Net	18	33	162	61
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	1		1
Entergy Arkansas [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member] | Prepayments And Other [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Asset	2.4		2.4		$ 2.7
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) on Derivative, Net	4.5	5.2	34	14.7
Entergy Louisiana [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount	1.5		1.5		0.3
Entergy Louisiana [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member] | Prepayments And Other [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Asset	2.6		2.6		4.2
Entergy Louisiana [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					0.3
Derivative, Collateral, Right to Reclaim Cash					0
Derivative Liability					0.3
Entergy Louisiana [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member] | Other Noncurrent Liabilities
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Liability, Fair Value, Gross Liability					1.3
Derivative, Collateral, Right to Reclaim Cash					0
Derivative Liability					1.3
Entergy Louisiana [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member] | Other Deferred Debits And Other Assets [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Asset	2.3		2.3		0.5
Entergy Louisiana [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member] | Prepayments And Other [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Asset	19.6		19.6		0.8
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) on Derivative, Net	9.4	1.4	16.1	1.4
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) on Derivative, Net	8.7	3.1	26.8	13.9
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	0.7		0.7		0.2
Entergy Mississippi [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member] | Prepayments And Other [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Asset	0.6		0.6		0.6
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					5
Derivative, Collateral, Right to Reclaim Cash					0
Derivative Liability					5
Entergy Mississippi [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member] | Prepayments And Other [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Asset	23.2		23.2
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) on Derivative, Net	25.6	(1.5)	44	(4)
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) on Derivative, Net	1.5	1.3	9.4	0.7
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	0.3		0.3		0.2
Entergy New Orleans [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member] | Prepayments And Other [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Asset	0.3		0.3		0.1
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					0.3
Derivative, Collateral, Right to Reclaim Cash					0
Derivative Liability					0.3
Entergy New Orleans [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member] | Prepayments And Other [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Asset	2.3		2.3
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) on Derivative, Net	2.2	(0.5)	2.2	(0.5)
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) on Derivative, Net	0.6	0.1	2.6	0.8
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	0.8		0.8		0.5
Entergy Texas [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member] | Prepayments And Other [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Asset	1.7		1.7		$ 1.6
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) on Derivative, Net	$ 2.6	$ 22.8	$ 85.3	$ 30.5

Risk Management and Fair Valu_7

Risk Management and Fair Values (Assets And Liabilities At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	$ 955,821		$ 1,630,248
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	28,000		42,000
Replacement Reserve Escrow	49,000		148,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	6,324,000		9,122,000
Issuance of Financial Transmission Rights	0	$ 0
Fixed Transmission Rights (FTRs) [Member]
Liabilities at fair value on a recurring basis
Issuance of Financial Transmission Rights	12,000	23,000
Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis			7,000
Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	2,055,000		2,617,000
Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	3,081,000		3,103,000
Power Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset			38,000
Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	47,000		2,000
Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	8,000		9,000
Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	100,000		1,533,000
Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	956,000		1,630,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	28,000		42,000
Replacement Reserve Escrow	49,000		148,000
Equity Securities, FV-NI	100,000		1,533,000
Debt Securities	733,000		919,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,905,000		4,273,000
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			6,000
Fair Value Inputs Level 1 [Member] | Power Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset			0
Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	39,000		1,000
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
Restricted Cash and Cash Equivalents, Current	0		0
Replacement Reserve Escrow	0		0
Equity Securities, FV-NI	0		0
Debt Securities	1,322,000		1,698,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,330,000		1,699,000
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			1,000
Fair Value, Inputs, Level 2 [Member] | Power Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset			0
Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	8,000		1,000
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
Restricted Cash and Cash Equivalents, Current	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	8,000		47,000
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
Fair Value, Inputs, Level 3 [Member] | Power Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset			38,000
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	8,000		9,000
Entergy New Orleans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	26,362		0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	5,744		3,364
Replacement Reserve Escrow			83,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	34,700		86,500
Entergy New Orleans [Member] | Fixed Transmission Rights (FTRs) [Member]
Liabilities at fair value on a recurring basis
Issuance of Financial Transmission Rights	400	(100)
Entergy New Orleans [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis			300
Entergy New Orleans [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,300
Entergy New Orleans [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	300		100
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	26,400
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	5,700		3,400
Replacement Reserve Escrow			83,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	34,400		86,400
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			300
Entergy New Orleans [Member] | Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,300
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
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0		0
Replacement Reserve Escrow			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] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	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
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0		0
Replacement Reserve Escrow			0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	300		100
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] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	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	300		100
Entergy Mississippi [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	2		7
Assets at fair value on a recurring basis
Replacement Reserve Escrow	48,900		64,600
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	72,700		65,200
Entergy Mississippi [Member] | Fixed Transmission Rights (FTRs) [Member]
Liabilities at fair value on a recurring basis
Issuance of Financial Transmission Rights	1,700	1,400
Entergy Mississippi [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis			5,000
Entergy Mississippi [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	23,200
Entergy Mississippi [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	600		600
Entergy Mississippi [Member] | Fair Value Inputs Level 1 [Member]
Assets at fair value on a recurring basis
Replacement Reserve Escrow	48,900		64,600
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	72,100		64,600
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			5,000
Entergy Mississippi [Member] | Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	23,200
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]
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
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	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]
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	600		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
Entergy Mississippi [Member] | Fair Value, Inputs, Level 3 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	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	600		600
Entergy Louisiana [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	266,292		726,717
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	5,500		2,700
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	2,283,600		2,528,900
Entergy Louisiana [Member] | Fixed Transmission Rights (FTRs) [Member]
Liabilities at fair value on a recurring basis
Issuance of Financial Transmission Rights	4,100	13,200
Entergy Louisiana [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis			1,600
Entergy Louisiana [Member] | Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	705,800		632,200
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	1,268,200		1,153,100
Entergy Louisiana [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	21,900		1,300
Entergy Louisiana [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,600		4,200
Entergy Louisiana [Member] | Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	13,300		8,700
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	266,300		726,700
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	5,500		2,700
Equity Securities, FV-NI	13,300		8,700
Debt Securities	218,100		172,400
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	522,800		911,300
Entergy Louisiana [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			300
Entergy Louisiana [Member] | Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	19,600		800
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
Restricted Cash and Cash Equivalents, Current	0		0
Equity Securities, FV-NI	0		0
Debt Securities	487,700		459,800
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	490,000		460,300
Entergy Louisiana [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			1,300
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,300		500
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
Restricted Cash and Cash Equivalents, Current	0		0
Equity Securities, FV-NI	0		0
Debt Securities	0		0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	2,600		4,200
Entergy Louisiana [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 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	2,600		4,200
Entergy Arkansas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	96,470		168,020
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,475,200		1,444,600
Entergy Arkansas [Member] | Fixed Transmission Rights (FTRs) [Member]
Liabilities at fair value on a recurring basis
Issuance of Financial Transmission Rights	2,800	6,500
Entergy Arkansas [Member] | Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	477,900		447,900
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	827,200		824,700
Entergy Arkansas [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,400		2,700
Entergy Arkansas [Member] | Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	71,200		1,300
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	96,500		168,000
Assets at fair value on a recurring basis
Equity Securities, FV-NI	71,200		1,300
Debt Securities	124,700		98,200
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	292,400		267,500
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	353,200		349,700
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	353,200		349,700
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	2,400		2,700
Entergy Arkansas [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,400		2,700
Entergy Texas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0		248,570
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	17,176		36,233
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	18,900		286,400
Entergy Texas [Member] | Fixed Transmission Rights (FTRs) [Member]
Liabilities at fair value on a recurring basis
Issuance of Financial Transmission Rights	2,700	$ 2,400
Entergy Texas [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,700		1,600
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			248,600
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	17,200		36,200
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	17,200		284,800
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
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
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	1,700		1,600
Entergy Texas [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,700		1,600
System Energy [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	163,036		216,383
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,473,500		1,432,300
System Energy [Member] | Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	468,000		427,700
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	837,400		784,400
System Energy [Member] | Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	5,100		3,800
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	163,000		216,400
Assets at fair value on a recurring basis
Equity Securities, FV-NI	5,100		3,800
Debt Securities	219,300		177,300
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	387,400		397,500
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	248,700		250,400
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	248,700		250,400
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_8

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) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Issuance of Financial Transmission Rights			$ 0	$ 0
Electricity Swaps And Options [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	$ 0	$ 28,000	0	28,000	$ 0	$ 38,000	$ 49,000	$ 118,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	0	2,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Other Comprehensive Income (Loss)	0	(6,000)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)			2,000	54,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	0	0	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	0	(17,000)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements			(38,000)	(144,000)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings			(2,000)	0
Fixed Transmission Rights (FTRs) [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	8,000	17,000	8,000	17,000	15,000	9,000	22,000	10,000
Issuance of Financial Transmission Rights			12,000	23,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	0	1,000	0	1,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)	0	0	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	11,000	27,000	149,000	44,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(18,000)	(33,000)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements			(162,000)	(61,000)
Fixed Transmission Rights (FTRs) [Member] | 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	2,400	6,300	2,400	6,300	3,800	2,700	6,100	3,300
Issuance of Financial Transmission Rights			2,800	6,500
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				11,200
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	3,100	5,400	30,900
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	(4,500)	(5,200)	(34,000)	(14,700)
Fixed Transmission Rights (FTRs) [Member] | 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	2,600	7,000	2,600	7,000	4,800	4,200	12,500	4,500
Issuance of Financial Transmission Rights			4,100	13,200
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				3,200
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	6,500		21,100
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	(8,700)	(3,100)	(26,800)	(13,900)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included as Regulatory Liability/Asset		(2,400)
Fixed Transmission Rights (FTRs) [Member] | 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	600	800	600	800	2,100	600	1,100	800
Issuance of Financial Transmission Rights			1,700	1,400
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	0	1,000	7,700
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	1,500	(1,300)	9,400	700
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings				(700)
Fixed Transmission Rights (FTRs) [Member] | 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	300	100	300	100	600	100		300
Issuance of Financial Transmission Rights			400	(100)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				700
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	300	400	2,400
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	(600)	100	2,600	800
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value							(200)
Fixed Transmission Rights (FTRs) [Member] | 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	1,700	2,300	1,700	2,300	$ 3,800	$ 1,600	$ 2,600	$ 900
Issuance of Financial Transmission Rights			2,700	2,400
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				29,500
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	500	22,500	82,700
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	$ (2,600)	$ (22,800)	$ (85,300)	$ (30,500)

Risk Management and Fair Valu_9

Risk Management and Fair Values (Schedules Of Valuation Techniques) (Details) - Gas Hedge Contracts [Member]	9 Months Ended
	Sep. 30, 2021
Entergy Louisiana [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	2 years 6 months
Entergy Mississippi [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	6 months
Entergy New Orleans [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	6 months

Decommissioning Trust Funds (Na

Decommissioning Trust Funds (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	May 28, 2021
Decommissioning Trust Funds [Abstract]
Deferred taxes on unrealized gains/(losses) recorded in OCI for non-regulated decommissioning trusts	$ (1,259,000)	$ (1,513,000)	$ (26,867,000)	$ 18,042,000
Amortized cost of debt securities	$ 1,992,000,000		$ 1,992,000,000		$ 2,423,000,000
Average coupon rate of debt securities	2.73%		2.73%
Average duration of debt securities, years			6 years 9 months 3 days
Average maturity of debt securities, years			10 years 4 months 9 days
Proceeds from the dispositions of debt securities	$ 354,000,000	156,000,000	$ 1,151,000,000	832,000,000
Debt Securities, Available-for-sale, Allowance for Credit Loss	300,000		300,000		100,000
Equity Securities, FV-NI, Unrealized Gain			359,000,000
Equity Securities, FV-NI, Unrealized Loss	(22,000,000)
Debt Securities, Available-for-sale, Realized Gain	8,000,000	9,000,000	24,000,000	38,000,000
Debt Securities, Available-for-sale, Realized Loss	2,000,000	200,000	15,000,000	4,000,000
Debt Securities [Member]
Decommissioning Trust Funds [Abstract]
Deferred taxes on unrealized gains/(losses) recorded in OCI for non-regulated decommissioning trusts			4,000,000		31,000,000
Entergy Arkansas [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 468,000,000		$ 468,000,000		420,400,000
Average coupon rate of debt securities	2.26%		2.26%
Average duration of debt securities, years			6 years 1 month 6 days
Average maturity of debt securities, years			7 years 1 month 28 days
Proceeds from the dispositions of debt securities	$ 20,600,000	14,600,000	$ 46,700,000	80,900,000
Equity Securities, FV-NI, Unrealized Gain			93,900,000
Equity Securities, FV-NI, Unrealized Loss	(8,000,000)
Debt Securities, Available-for-sale, Realized Gain	700,000	1,700,000	2,300,000	7,500,000
Debt Securities, Available-for-sale, Realized Loss	200,000	3,600	300,000	200,000
Entergy Louisiana [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 676,000,000		$ 676,000,000		581,400,000
Average coupon rate of debt securities	3.42%		3.42%
Average duration of debt securities, years			6 years 8 months 26 days
Average maturity of debt securities, years			12 years 3 months 14 days
Proceeds from the dispositions of debt securities	$ 20,500,000	30,600,000	$ 191,400,000	132,100,000
Percentage Interest in River Bend			30.00%
Equity Securities, FV-NI, Unrealized Gain			$ 150,600,000
Equity Securities, FV-NI, Unrealized Loss	(6,700,000)
Debt Securities, Available-for-sale, Realized Gain	900,000	1,400,000	5,600,000	6,300,000
Debt Securities, Available-for-sale, Realized Loss	23,500	1,300	3,400,000	700,000
System Energy [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 458,000,000		$ 458,000,000		398,400,000
Average coupon rate of debt securities	2.28%		2.28%
Average duration of debt securities, years			7 years 2 months 4 days
Average maturity of debt securities, years			10 years 2 months 4 days
Proceeds from the dispositions of debt securities	$ 292,800,000	24,100,000	$ 468,500,000	189,700,000
Equity Securities, FV-NI, Unrealized Gain			96,100,000
Equity Securities, FV-NI, Unrealized Loss	(7,100,000)
Debt Securities, Available-for-sale, Realized Gain	5,900,000	1,600,000	9,000,000	8,600,000
Debt Securities, Available-for-sale, Realized Loss	2,000,000	$ 9,900	3,800,000	$ 400,000
Indian Point 3 [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value					991,000,000
Indian Point 1 [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value					631,000,000
Indian Point 2 [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value					794,000,000
Palisades [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value	$ 562,000,000		$ 562,000,000		$ 554,000,000
Entergy Wholesale Commodities [Member] | Indian Point Energy Center
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value						$ 2,387,000,000

Decommissioning Trust Funds (Se

Decommissioning Trust Funds (Securities Held) (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Total	$ 2,055	$ 2,617
Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	10	3
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	74	197
Total	2,055	2,617
Entergy Arkansas [Member]
Debt Securities, Available-for-sale [Line Items]
Total	477.9	447.9
Entergy Arkansas [Member] | Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	3.4	0.3
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	13.3	27.7
Total	477.9	447.9
Entergy Louisiana [Member]
Debt Securities, Available-for-sale [Line Items]
Total	705.8	632.2
Entergy Louisiana [Member] | Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	3.3	0.5
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	33.1	51.3
Total	705.8	632.2
System Energy [Member]
Debt Securities, Available-for-sale [Line Items]
Total	468	427.7
System Energy [Member] | Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	2.4	0.8
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	12.5	30
Total	$ 468	$ 427.7

Decommissioning Trust Funds (Av

Decommissioning Trust Funds (Available For Sale Securities Continuous Unrealized Loss Position Fair Value) (Details) - Debt Securities [Member] - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value	$ 650	$ 187
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	35	2
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	685	189
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	9	3
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	1	0
Debt Securities, Available-for-sale, Unrealized Loss Position	10	3
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	171.1	29.9
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	17.5	0
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	188.6	29.9
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	2.6	0.3
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	0.8	0
Debt Securities, Available-for-sale, Unrealized Loss Position	3.4	0.3
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	173.2	36.4
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	15	0.8
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	188.2	37.2
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	2.6	0.5
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	0.7	0
Debt Securities, Available-for-sale, Unrealized Loss Position	3.3	0.5
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	200.6	28.9
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	1.4	0
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	202	28.9
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	2.4	0.8
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	0	0
Debt Securities, Available-for-sale, Unrealized Loss Position	$ 2.4	$ 0.8

Decommissioning Trust Funds (Fa

Decommissioning Trust Funds (Fair Value Of Debt Securities By Contractual Maturities) (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Fair value of debt securities by contractual maturities
1 year - 5 years	$ 431	$ 672
5 years - 10 years	679	852
10 years - 15 years	346	377
15 years - 20 years	122	144
20 years+	477	576
Total	2,055	2,617
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	0
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, within One Year, Negative Fair Value		(4)
Entergy Arkansas [Member]
Fair value of debt securities by contractual maturities
1 year - 5 years	74.2	113.1
5 years - 10 years	207.3	189.8
10 years - 15 years	131.6	81.4
15 years - 20 years	31.3	28.5
20 years+	33.5	35.1
Total	477.9	447.9
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	0	0
Entergy Louisiana [Member]
Fair value of debt securities by contractual maturities
1 year - 5 years	117	117
5 years - 10 years	191	159.4
10 years - 15 years	109.5	101.2
15 years - 20 years	77.6	66.9
20 years+	210.7	187.7
Total	705.8	632.2
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	0	0
System Energy [Member]
Fair value of debt securities by contractual maturities
1 year - 5 years	149.2	134.7
5 years - 10 years	147	141.5
10 years - 15 years	40.2	31.5
15 years - 20 years	1.2	5.3
20 years+	130.4	115.8
Total	468	427.7
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	$ 0
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, within One Year, Negative Fair Value		$ (1.1)

Income Taxes Income Taxes (Redu

Income Taxes Income Taxes (Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	$ 17		$ 17	$ 72	$ 61
Valuation Allowance - Reduction		$ 9
Entergy Arkansas [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	0			8	9
Increase in regulatory liability due to return of unprotected excess accumulated deferred income taxes			(2)
Entergy Louisiana [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	8		8	24	24
Entergy New Orleans [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	0		1	0	6
Entergy Texas [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	9		10	22	22
System Energy [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	$ 0		$ 0	$ 18	$ 0

Property, Plant, And Equipment

Property, Plant, And Equipment (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Construction expenditures in accounts payable	$ 1,783	$ 745
Entergy Arkansas [Member]
Construction expenditures in accounts payable	38.9	59.7
Entergy Louisiana [Member]
Construction expenditures in accounts payable	1,552.9	460.5
Entergy Mississippi [Member]
Construction expenditures in accounts payable	25.5	31.4
Entergy New Orleans [Member]
Construction expenditures in accounts payable	77.6	9.2
Entergy Texas [Member]
Construction expenditures in accounts payable	42.3	116.8
System Energy [Member]
Construction expenditures in accounts payable	$ 17.5	$ 17.7

Variable Interest Entities (Nar

Variable Interest Entities (Narrative) (Details) - System Energy [Member] - Grand Gulf [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Variable Interest Entity [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage			11.50%
Payments on lease, including interest	$ 8.6	$ 8.6	$ 17.2	$ 17.2

Revenue Recognition (Disaggrega

Revenue Recognition (Disaggregation of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 3,353,532	$ 2,903,568	$ 9,020,440	$ 7,743,534
Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	722,683	644,389	1,856,343	1,618,068
Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,420,708	1,120,022	3,795,950	3,062,321
Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	420,319	356,496	1,105,978	948,372
Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	211,229	182,064	559,304	478,709
Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	541,632	494,922	1,452,286	1,206,452
Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	3,159,969	2,666,805	8,339,764	6,907,999
Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	722,683	644,389	1,856,343	1,618,068
Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,407,737	1,110,217	3,741,979	3,024,359
Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	420,319	356,496	1,105,978	948,372
Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	192,946	169,512	491,855	427,842
Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	541,632	494,922	1,452,286	1,206,452
Natural Gas, US Regulated [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	31,254	22,357	121,420	88,829
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	12,971	9,805	53,971	37,962
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	18,283	12,552	67,449	50,867
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	162,309	214,406	559,256	746,706
Residential [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,291,645	1,153,220	3,114,084	2,742,118
Residential [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	294,797	274,496	703,081	665,355
Residential [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	477,025	413,442	1,153,428	974,407
Residential [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	184,479	161,031	449,576	400,495
Residential [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	85,974	83,242	212,586	187,561
Residential [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	249,370	221,009	595,413	514,300
Commercial [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	756,903	647,119	1,958,284	1,712,179
Commercial [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	149,952	137,764	367,556	355,112
Commercial [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	300,255	248,276	787,255	659,641
Commercial [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	131,472	109,432	331,052	295,823
Commercial [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	57,563	50,565	156,454	132,470
Commercial [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	117,661	101,082	315,967	269,133
Industrial [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	814,685	589,648	2,169,295	1,723,367
Industrial [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	155,714	138,037	373,410	345,378
Industrial [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	477,439	316,876	1,299,633	974,419
Industrial [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	40,671	34,062	111,195	106,327
Industrial [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	8,574	7,219	23,391	17,632
Industrial [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	132,287	93,454	361,666	279,611
Governmental [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	66,167	56,710	184,576	156,251
Governmental [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	5,747	5,133	14,538	13,508
Governmental [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	21,448	17,449	61,611	50,984
Governmental [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	13,110	10,917	34,526	31,043
Governmental [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	20,016	17,187	54,708	43,512
Governmental [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	5,846	6,024	19,193	17,204
Billed Retail [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,929,400	2,446,697	7,426,239	6,333,915
Billed Retail [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	606,210	555,430	1,458,585	1,379,353
Billed Retail [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,276,167	996,043	3,301,927	2,659,451
Billed Retail [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	369,732	315,442	926,349	833,688
Billed Retail [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	172,127	158,213	447,139	381,175
Billed Retail [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	505,164	421,569	1,292,239	1,080,248
Sales for Resale [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	135,220	145,187	459,425	251,674
Sales for Resale [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	76,576	64,494	256,411	142,590
Sales for Resale [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	98,830	81,843	253,600	243,071
Sales for Resale [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	35,199	29,535	119,559	62,383
Sales for Resale [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	23,290	9,057	40,796	27,245
Sales for Resale [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	25,329	67,643	118,944	89,459
Non-Customer [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	14,006	5,799	105,417	34,401
Non-Customer [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	6,777	6,788	15,435	13,314
Non-Customer [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	4,950	(2,766)	59,008	1,628
Non-Customer [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,699	1,907	6,041	6,853
Non-Customer [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	787	(161)	1,026	12,256
Non-Customer [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(216)	25	(1,358)	319
Non-Customer [Member] | Competitive Businesses [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	3,701	19,222	21,854	159,800
Other Electric [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	81,343	69,122	348,683	288,009
Other Electric [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	33,120	17,677	125,912	82,811
Other Electric [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	27,790	35,097	127,444	120,209
Other Electric [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	13,689	9,612	54,029	45,448
Other Electric [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(3,258)	2,403	2,894	7,166
Other Electric [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	11,355	5,685	42,461	36,426
Revenues from customers [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	3,145,963	2,661,006	8,234,347	6,873,598
Revenues from customers [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	715,906	637,601	1,840,908	1,604,754
Revenues from customers [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,402,787	1,112,983	3,682,971	3,022,731
Revenues from customers [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	418,620	354,589	1,099,937	941,519
Revenues from customers [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	192,159	169,673	490,829	415,586
Revenues from customers [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	541,848	494,897	1,453,644	1,206,133
Competitive Business Sales [Member] | Competitive Businesses [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 158,608	$ 195,184	$ 537,402	$ 586,906

Revenue Recognition (Allowance

Revenue Recognition (Allowance for Doubtful Accounts) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	$ 96.1	$ 73.4	$ 117.7	$ 7.4
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	43.4	66.9
Accounts Receivable, Allowance for Credit Loss, Writeoff	(72.5)	(8.6)
Accounts Receivable, Allowance for Credit Loss, Recovery	7.5	7.7
Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	19	12.2	18.3	1.2
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	20	10.6
Accounts Receivable, Allowance for Credit Loss, Writeoff	(21.4)	(1.8)
Accounts Receivable, Allowance for Credit Loss, Recovery	2.1	2.2
Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	38.1	27.2	45.7	1.9
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	17.7	26.3
Accounts Receivable, Allowance for Credit Loss, Writeoff	(28.3)	(3.5)
Accounts Receivable, Allowance for Credit Loss, Recovery	3	2.5
Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	11.4	11.4	19.5	0.6
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	2.1	11
Accounts Receivable, Allowance for Credit Loss, Writeoff	(11.8)	(1.2)
Accounts Receivable, Allowance for Credit Loss, Recovery	1.6	1
Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	18.6	12	17.4	3.2
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	2	8.8
Accounts Receivable, Allowance for Credit Loss, Writeoff	(1.3)	(1)
Accounts Receivable, Allowance for Credit Loss, Recovery	0.5	1
Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	9	10.6	$ 16.8	$ 0.5
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	1.6	10.2
Accounts Receivable, Allowance for Credit Loss, Writeoff	(9.7)	(1.1)
Accounts Receivable, Allowance for Credit Loss, Recovery	$ 0.3	$ 1

Business Combinations (Narrativ

Business Combinations (Narrative) (Details) $ in Thousands	1 Months Ended			9 Months Ended
	Jun. 30, 2021USD ($)MW	May 31, 2021USD ($)	Apr. 30, 2019	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	May 28, 2021USD ($)
Proceeds from Sale of Productive Assets				$ 17,421	$ 0
Payments to Acquire Productive Assets				36,534	24,633
Entergy Texas [Member]
Proceeds from Sale of Productive Assets				67,920	0
Payments to Acquire Productive Assets				$ 36,534	$ 4,931
Hardin County Peaking Facility | Entergy Texas [Member]
Capacity Of Power Plant Unit | MW	147
Payments to Acquire Productive Assets	$ 36,700
Montgomery County Power Station | Entergy Texas [Member]
Proceeds from Sale of Productive Assets	$ 67,900
Percentage of Undivided Ownership Interest	7.56%
Indian Point Energy Center | Entergy Wholesale Commodities [Member]
Percentage of Undivided Ownership Interest			100.00%
Gain (Loss) on Disposition of Assets		$ 340,000
Gain (Loss) on Disposition of Assets (Net-Of-Tax)		$ 268,000
Decommissioning Fund Investments, Fair Value						$ 2,387,000
Asset Retirement Obligation						$ 1,996,000

Uncategorized Items - etr-20210

Label	Element	Value
AOCI Attributable to Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	$ (446,920,000)
Subsidiaries Preferred Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	35,000,000
Retained Earnings [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9,257,190,000
Additional Paid-in Capital [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6,564,436,000
Common Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2,700,000
Treasury Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(5,154,150,000)
Accounting Standards Update 2016-13 [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(419,000)
Accounting Standards Update 2016-13 [Member] | AOCI Attributable to Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Update 2016-13 [Member] | Subsidiaries Preferred Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Update 2016-13 [Member] | Retained Earnings [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(419,000)
Accounting Standards Update 2016-13 [Member] | Additional Paid-in Capital [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Update 2016-13 [Member] | Common Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Update 2016-13 [Member] | Treasury Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	$ 0