System Energy Resources 10-Q 4 Aug 22 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Jul. 29, 2022
Entity Registrant Name	ENTERGY CORPORATION
City Area Code	504
Local Phone Number	576-4000
Entity Tax Identification Number	72-1229752
Entity File Number	1-11299
Entity Central Index Key	0000065984
Document Type	10-Q
Document Period End Date	Jun. 30, 2022
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Incorporation, State or Country Code	DE
Entity Address, State or Province	639 Loyola Avenue
Entity Address, City or Town	New Orleans
Entity Address, State or Province	LA
Entity Address, Postal Zip Code	70113
Entity Common Stock, Shares Outstanding		203,417,995
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	2107 Research Forest Drive
Entity Address, City or Town	The Woodlands
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77380
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
System Energy [Member]
Entity Registrant Name	SYSTEM ENERGY RESOURCES, INC.
City Area Code	601
Local Phone Number	368-5000
Entity Tax Identification Number	72-0752777
Entity File Number	1-09067
Entity Central Index Key	0000202584
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	AR
Entity Address, State or Province	1340 Echelon Parkway
Entity Address, City or Town	Jackson
Entity Address, State or Province	MS
Entity Address, Postal Zip Code	39213
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Mortgage Bonds, Five Point Five Percent Series, Due April Two Thousand Sixty Six [Member] | Entergy New Orleans [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ENO
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 5.50% Series due April 2066
Mortgage Bonds 5.0 Series Due December Two Thousand Fifty Two [Member] | Entergy New Orleans [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ENJ
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 5.0% Series due December 2052
Mortgage Bonds, Four Point Nine Zero Percent Series, Due October Two Thousand Sixty Six [Member] | Entergy Mississippi [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	EMP
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 4.90% Series due October 2066
Four Point Eight Seven Five Percent Series First Mortgage Bonds Due September Two Thousand Sixty Six [Member] | Entergy Arkansas [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	EAI
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 4.875% Series due September 2066
Four Point Eight Seven Five Percent Series First Mortgage Bonds Due September Two Thousand Sixty Six [Member] | Entergy Louisiana [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ELC
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 4.875% Series due September 2066
5.375% Series A Preferred Stock, Cumulative, No Par Value [Domain] | Entergy Texas [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ETI/PR
Security Exchange Name	NYSE
Title of 12(b) Security	5.375% Series A Preferred Stock, Cumulative, No Par Value (Liquidation Value $25 Per Share)

Consolidated Statements Of Inco

Consolidated Statements Of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	$ 3,395,196	$ 2,822,070	$ 6,273,122	$ 5,666,907
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	651,946	626,064	1,318,885	1,127,231
Nuclear refueling outage expenses	36,917	43,700	79,918	87,438
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	777,715	781,118	1,456,529	1,487,904
Asset Impairment Charges	(164,066)	342,092	(163,321)	345,365
Decommissioning	62,859	86,199	124,907	184,841
Taxes, Other	172,244	155,911	352,392	312,613
Other Depreciation and Amortization	444,759	421,545	883,731	836,064
Other regulatory charges (credits) - net	761,063	(55,138)	732,638	(22,859)
Costs and Expenses	3,314,064	2,653,862	5,625,930	4,990,702
OPERATING INCOME	81,132	168,208	647,192	676,205
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	13,568	16,873	29,440	31,449
Investment Income, Net	(99,049)	71,329	(120,968)	214,645
Miscellaneous - net	35,578	(62,844)	43,182	(123,773)
TOTAL	(49,903)	25,358	(48,346)	122,321
INTEREST EXPENSE
Interest Expense, Debt	231,613	220,340	459,235	426,226
Allowance for borrowed funds used during construction	(4,752)	(6,964)	(10,848)	(12,976)
TOTAL	226,861	213,376	448,387	413,250
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	(195,632)	(19,810)	150,459	385,276
Income taxes	(359,643)	(18,416)	(293,145)	47,526
Consolidated net income	164,011	(1,394)	443,604	337,750
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	$ 4,308	$ 4,580	$ 7,501	$ 9,159
Earnings (loss) per average common share:
Basic (in dollars per share)	$ 0.79	$ (0.03)	$ 2.15	$ 1.64
Diluted (in dollars per share)	$ 0.78	$ (0.03)	$ 2.13	$ 1.63
Basic average number of common shares outstanding (in shares)	203,383,199	200,775,395	203,164,628	200,651,162
Diluted average number of common shares outstanding (in shares)	204,712,242	200,775,395	204,291,597	201,352,830
Net Income (Loss) Available to Common Stockholders, Basic	$ 159,703	$ (5,974)	$ 436,103	$ 328,591
Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	3,258,255	2,641,375	5,914,031	5,179,794
Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	48,008	31,998	120,369	90,166
Competitive Businesses [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	88,933	148,697	238,722	396,947
Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	570,627	252,371	840,251	632,105
Entergy Mississippi [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	405,459	349,040	754,488	685,659
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	43,671	65,613	110,948	125,810
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	74,898	73,899	140,709	141,730
Taxes, Other	32,484	27,076	65,214	52,975
Other Depreciation and Amortization	60,618	56,158	120,702	111,194
Other regulatory charges (credits) - net	23,853	(21,630)	27,760	(13,501)
Costs and Expenses	324,870	265,008	615,891	550,691
OPERATING INCOME	80,589	84,032	138,597	134,968
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	1,495	2,029	2,573	3,697
Investment Income, Net	34	7	98	49
Miscellaneous - net	990	(2,205)	(164)	(4,518)
TOTAL	2,519	(169)	2,507	(772)
INTEREST EXPENSE
Interest Expense, Debt	21,003	18,922	41,437	36,535
Allowance for borrowed funds used during construction	(658)	(852)	(1,123)	(1,529)
TOTAL	20,345	18,070	40,314	35,006
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	62,763	65,793	100,790	99,190
Income taxes	13,808	14,377	21,481	21,802
Consolidated net income	48,955	51,416	79,309	77,388
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	0	0	0	0
Earnings (loss) per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	48,955	51,416	79,309	77,388
Entergy Mississippi [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	405,459	349,040	754,488	685,659
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	89,346	63,892	150,558	132,483
Entergy Arkansas [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	696,939	550,274	1,255,895	1,133,660
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	202,795	74,556	289,020	200,737
Nuclear refueling outage expenses	14,210	13,535	28,280	26,182
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	187,319	173,098	344,576	328,006
Decommissioning	20,428	19,280	40,557	38,280
Taxes, Other	32,072	30,106	65,274	59,849
Other Depreciation and Amortization	96,548	90,276	192,158	178,555
Other regulatory charges (credits) - net	(21,518)	(22,170)	(42,060)	(59,637)
Costs and Expenses	582,063	440,129	1,025,485	903,641
OPERATING INCOME	114,876	110,145	230,410	230,019
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	3,920	3,608	6,975	6,601
Investment Income, Net	2,840	(2,739)	9,160	25,148
Miscellaneous - net	(4,892)	(5,372)	(10,284)	(11,163)
TOTAL	1,868	(4,503)	5,851	20,586
INTEREST EXPENSE
Interest Expense, Debt	37,452	35,624	73,499	69,410
Allowance for borrowed funds used during construction	(1,558)	(1,572)	(2,772)	(2,862)
TOTAL	35,894	34,052	70,727	66,548
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	80,850	71,590	165,534	184,057
Income taxes	17,740	14,997	36,857	34,427
Consolidated net income	63,110	56,593	128,677	149,630
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	(529)	0	(1,916)	0
Earnings (loss) per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	63,639	56,593	130,593	149,630
Entergy Arkansas [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	696,939	550,274	1,255,895	1,133,660
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	50,209	61,448	107,680	131,669
Entergy Louisiana [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	1,515,785	1,267,598	2,781,757	2,375,242
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	253,505	355,362	615,579	500,596
Nuclear refueling outage expenses	10,029	12,193	21,976	25,475
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	293,746	275,599	547,747	513,082
Decommissioning	17,911	17,035	35,599	33,858
Taxes, Other	58,566	51,968	120,181	104,452
Other Depreciation and Amortization	171,719	163,061	340,802	323,874
Other regulatory charges (credits) - net	203,461	(21,617)	182,564	9,480
Costs and Expenses	1,429,486	1,040,197	2,461,194	1,907,374
OPERATING INCOME	86,299	227,401	320,563	467,868
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	2,859	6,835	9,585	12,936
Investment Income, Net	(68,382)	27,559	(84,380)	68,175
Investments in and Advances to Affiliates, Dividends or Interest	43,203	31,898	75,101	63,797
Miscellaneous - net	36,986	(36,033)	52,503	(70,671)
TOTAL	14,666	30,259	52,809	74,237
INTEREST EXPENSE
Interest Expense, Debt	92,755	90,630	186,539	173,436
Allowance for borrowed funds used during construction	(1,218)	(3,068)	(4,244)	(5,827)
TOTAL	91,537	87,562	182,295	167,609
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	9,428	170,098	191,077	374,496
Income taxes	(307,231)	26,171	(276,442)	63,943
Consolidated net income	316,659	143,927	467,519	310,553
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	258	0	258	0
Earnings (loss) per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	316,401	143,927	467,261	310,553
Entergy Louisiana [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	1,497,942	1,254,579	2,735,179	2,334,242
Entergy Louisiana [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	17,843	13,019	46,578	41,000
Entergy Louisiana [Member] | Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	420,549	186,596	596,746	396,557
Entergy New Orleans [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	254,249	178,740	452,521	348,075
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	54,815	34,510	98,212	53,522
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	43,715	40,977	77,367	79,155
Taxes, Other	14,444	12,294	28,433	24,850
Other Depreciation and Amortization	17,951	18,153	37,766	36,314
Other regulatory charges (credits) - net	5,354	2,575	9,539	5,705
Costs and Expenses	219,367	165,686	390,875	325,393
OPERATING INCOME	34,882	13,054	61,646	22,682
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	(449)	376	(80)	634
Investment Income, Net	68	5	92	14
Miscellaneous - net	1,221	(204)	950	(506)
TOTAL	840	177	962	142
INTEREST EXPENSE
Interest Expense, Debt	8,698	6,962	17,392	13,991
Allowance for borrowed funds used during construction	159	(167)	(40)	(283)
TOTAL	8,857	6,795	17,352	13,708
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	26,865	6,436	45,256	9,116
Income taxes	7,319	1,805	10,584	2,714
Consolidated net income	19,546	4,631	34,672	6,402
Entergy New Orleans [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	224,084	159,761	378,730	298,909
Entergy New Orleans [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	30,165	18,979	73,791	49,166
Entergy New Orleans [Member] | Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	83,088	57,177	139,558	125,847
Entergy Texas [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	564,591	430,434	1,037,073	910,654
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	60,855	64,031	134,775	176,427
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	72,589	70,815	147,566	133,770
Taxes, Other	23,482	20,671	43,931	42,546
Other Depreciation and Amortization	57,248	53,587	113,309	104,523
Other regulatory charges (credits) - net	22,399	25,253	35,845	41,093
Costs and Expenses	431,589	363,056	831,532	768,420
OPERATING INCOME	133,002	67,378	205,541	142,234
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	3,163	2,670	5,759	5,115
Investment Income, Net	347	204	535	428
Miscellaneous - net	(409)	(527)	(102)	(950)
TOTAL	3,101	2,347	6,192	4,593
INTEREST EXPENSE
Interest Expense, Debt	23,101	21,899	44,013	44,937
Allowance for borrowed funds used during construction	(1,067)	(1,075)	(1,932)	(2,059)
TOTAL	22,034	20,824	42,081	42,878
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	114,069	48,901	169,652	103,949
Income taxes	16,584	4,111	21,764	9,101
Consolidated net income	97,485	44,790	147,888	94,848
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	518	471	1,036	941
Earnings (loss) per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	96,967	44,319	146,852	93,907
Entergy Texas [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	564,591	430,434	1,037,073	910,654
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	195,016	128,699	356,106	270,061
System Energy [Member]
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	11,610	14,073	19,533	30,932
Nuclear refueling outage expenses	5,320	6,792	11,247	13,510
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	54,685	58,047	98,589	100,007
Decommissioning	10,016	9,625	19,933	19,154
Taxes, Other	7,150	6,968	15,001	13,793
Other Depreciation and Amortization	37,777	25,768	67,700	53,962
Other regulatory charges (credits) - net	527,515	(17,550)	518,991	(6,000)
Costs and Expenses	654,073	103,723	750,994	225,358
OPERATING INCOME	(490,201)	57,590	(445,746)	53,701
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	2,581	1,355	4,628	2,466
Investment Income, Net	(8,959)	(2,410)	(3,727)	25,032
Miscellaneous - net	(2,741)	(7,886)	(4,380)	(9,910)
TOTAL	(9,119)	(8,941)	(3,479)	17,588
INTEREST EXPENSE
Interest Expense, Debt	9,112	9,579	18,593	19,114
Allowance for borrowed funds used during construction	(409)	(229)	(736)	(417)
TOTAL	8,703	9,350	17,857	18,697
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	(508,023)	39,299	(467,082)	52,592
Income taxes	(127,875)	8,969	(118,366)	(1,602)
Consolidated net income	(380,148)	30,330	(348,716)	54,194
Earnings (loss) per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	(380,148)	30,330	(348,716)	54,194
System Energy [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	$ 163,872	$ 161,313	$ 305,248	$ 279,059

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
OPERATING ACTIVITIES
Consolidated net income	$ 443,604	$ 337,750
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	1,113,954	1,150,294
Deferred income taxes, investment tax credits, and non-current taxes accrued	(274,139)	115,274
Impairment of Long-Lived Assets Held-for-use	(163,321)	345,339
Changes in working capital:
Receivables	(224,499)	(154,277)
Fuel inventory	16,381	16,718
Accounts payable	42,915	(131,414)
Taxes accrued	(420)	(69,711)
Interest accrued	(11,947)	(162)
Deferred fuel costs	(667,247)	(286,116)
Other working capital accounts	(136,853)	(86,774)
Changes in provisions for estimated losses	295,987	(54,278)
Changes in other regulatory assets	724,227	93,776
Increase (Decrease) in Regulatory Liabilities	15,788	170,932
Storm restoration costs approved for securitization recognized as regulatory asset	(1,036,955)	0
Changes in pension and other postretirement liabilities	(167,682)	(259,593)
Other Noncash Income (Expense)	846,170	(441,211)
Net cash flow provided by operating activities	815,963	746,547
INVESTING ACTIVITIES
Construction/capital expenditures	(2,720,596)	(2,883,376)
Allowance for equity funds used during construction	29,440	31,449
Proceeds from Sale of Productive Assets		22,421
Payments to Acquire Productive Assets	(105,149)	(36,534)
Net proceeds (payments) from sale of assets	(7,082)
Nuclear fuel purchases	(114,843)	(73,858)
Payments for Nuclear Fuel	(114,843)	(73,858)
Proceeds from insurance	9,829	0
Payments to storm reserve escrow account	(1,290,314)	(17)
Receipts from storm reserve escrow account	1,000,218	44,205
Decrease (increase) in other investments	(36,057)	10,753
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	32,367	15,735
Proceeds from nuclear decommissioning trust fund sales	1,099,503	3,837,482
Investment in nuclear decommissioning trust funds	(1,121,635)	(3,804,170)
Changes in securitization account	337	9,685
Net cash flow used in investing activities	(3,223,982)	(2,826,225)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	3,851,061	5,008,330
Proceeds from Sale of Treasury Stock	26,952	4,039
Proceeds from Issuance of Common Stock	0	26,817
Retirement of long-term debt	(4,293,423)	(2,900,566)
Proceeds from securitization	3,163,572	0
Proceeds from Noncontrolling Interests	9,595	0
Changes in credit borrowings and commercial paper - net	196,694	(761,244)
Dividends paid:
Common stock	(410,466)	(381,224)
Other	10,523	20,467
Net cash flow provided by financing activities	2,545,349	1,007,460
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	137,330	(1,072,218)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	579,889	686,881
Cash paid / (received) during the period for:
Interest - net of amount capitalized	454,666	428,301
Income taxes	(7,485)	27,488
Dividends Paid, Preferred Stock	(9,159)	(9,159)
Entergy Arkansas [Member]
OPERATING ACTIVITIES
Consolidated net income	128,677	149,630
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	268,699	252,537
Deferred income taxes, investment tax credits, and non-current taxes accrued	27,814	50,780
Changes in working capital:
Receivables	(95,608)	(86,447)
Fuel inventory	7,316	12,996
Accounts payable	34,321	27,920
Taxes accrued	14,824	(6,529)
Interest accrued	1,585	(2,490)
Deferred fuel costs	(2,384)	(74,857)
Other working capital accounts	13,458	(36,703)
Changes in provisions for estimated losses	(4,119)	(6,122)
Changes in other regulatory assets	(30,484)	32,837
Increase (Decrease) in Regulatory Liabilities	(267,437)	17,776
Changes in pension and other postretirement liabilities	(31,762)	(46,940)
Other Noncash Income (Expense)	321,622	(119,755)
Net cash flow provided by operating activities	386,522	164,633
INVESTING ACTIVITIES
Construction/capital expenditures	(351,907)	(322,044)
Allowance for equity funds used during construction	6,975	6,601
Nuclear fuel purchases	(53,256)	(25,466)
Payments for Nuclear Fuel	(53,256)	(25,466)
Proceeds from sale of nuclear fuel	37,198	16,239
Change in money pool receivable - net	(6,216)	(5,086)
Proceeds from nuclear decommissioning trust fund sales	101,428	227,807
Investment in nuclear decommissioning trust funds	(111,032)	(224,757)
Net cash flow used in investing activities	(376,810)	(326,706)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	223,882	694,137
Retirement of long-term debt	(7,511)	(618,511)
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	190	0
Change in money pool payable - net	(139,904)	0
Dividends paid:
Common stock	(36,000)	0
Other	(4,635)	19,445
Net cash flow provided by financing activities	35,642	95,071
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	45,354	(67,002)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	58,269	125,126
Cash paid / (received) during the period for:
Interest - net of amount capitalized	70,803	70,700
Entergy Louisiana [Member]
OPERATING ACTIVITIES
Consolidated net income	467,519	310,553
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	414,975	402,106
Deferred income taxes, investment tax credits, and non-current taxes accrued	(198,525)	90,537
Changes in working capital:
Receivables	(114,357)	(66,281)
Fuel inventory	(183)	(1,240)
Accounts payable	(20,380)	25,685
Taxes accrued	(1,686)	54,850
Interest accrued	(3,263)	2,162
Deferred fuel costs	(367,321)	(96,429)
Other working capital accounts	(107,409)	(36,605)
Changes in provisions for estimated losses	294,067	(291)
Changes in other regulatory assets	859,908	(124,939)
Increase (Decrease) in Regulatory Liabilities	(40,596)	87,823
Storm restoration costs approved for securitization recognized as regulatory asset	(1,190,338)	0
Changes in pension and other postretirement liabilities	(17,123)	(43,936)
Other Noncash Income (Expense)	231,425	(84,588)
Net cash flow provided by operating activities	206,713	519,407
INVESTING ACTIVITIES
Construction/capital expenditures	(1,565,051)	(1,655,993)
Allowance for equity funds used during construction	9,585	12,936
Nuclear fuel purchases	(77,561)	(63,479)
Payments for Nuclear Fuel	(77,561)	(63,479)
Proceeds from sale of nuclear fuel	37,634	0
Change in money pool receivable - net	7,162	(90,225)
Proceeds from insurance	5,695	0
Payments to storm reserve escrow account	(1,290,282)	0
Payments to Acquire Interest in Subsidiaries and Affiliates	3,163,572	0
Receipts from storm reserve escrow account	1,000,217	0
Proceeds from nuclear decommissioning trust fund sales	411,600	459,326
Investment in nuclear decommissioning trust funds	(419,873)	(498,332)
Changes in securitization account	0	(956)
Net cash flow used in investing activities	(3,653,859)	(1,836,723)
Proceeds from (Repurchase of) Equity	1,390,587	0
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	1,777,192	2,097,214
Retirement of long-term debt	(2,327,116)	(1,296,875)
Proceeds from securitization	3,163,572	0
Proceeds from Contributed Capital	1,000,000	0
Dividends paid:
Common stock	(125,000)	0
Other	6,096	(4,169)
Net cash flow provided by financing activities	3,494,744	796,170
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	47,598	(521,146)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	66,171	206,874
Cash paid / (received) during the period for:
Interest - net of amount capitalized	183,686	165,480
Entergy Mississippi [Member]
OPERATING ACTIVITIES
Consolidated net income	79,309	77,388
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	120,702	111,194
Deferred income taxes, investment tax credits, and non-current taxes accrued	17,628	33,499
Changes in working capital:
Receivables	(38,137)	(9,164)
Fuel inventory	(5,352)	954
Accounts payable	23,252	38,287
Taxes accrued	(36,021)	(49,438)
Interest accrued	498	(4,623)
Deferred fuel costs	(124,752)	(46,714)
Other working capital accounts	(36,211)	(27,684)
Changes in provisions for estimated losses	(194)	(7,860)
Changes in other regulatory assets	3,332	(13,050)
Increase (Decrease) in Regulatory Liabilities	15,441	13,520
Changes in pension and other postretirement liabilities	(8,004)	(10,086)
Other Noncash Income (Expense)	8,913	15,413
Net cash flow provided by operating activities	20,404	121,636
INVESTING ACTIVITIES
Construction/capital expenditures	(230,683)	(327,163)
Allowance for equity funds used during construction	2,573	3,697
Payments to Acquire Productive Assets	(105,149)	0
Change in money pool receivable - net	37,472	0
Decrease (increase) in other investments	(31)	6
Net cash flow used in investing activities	(295,818)	(323,460)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	249,746	200,543
Proceeds from Noncontrolling Interests	9,595	0
Change in money pool payable - net	0	482
Dividends paid:
Other	(5,446)	792
Net cash flow provided by financing activities	253,895	201,817
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(21,519)	(7)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	26,108	11
Cash paid / (received) during the period for:
Interest - net of amount capitalized	39,620	39,925
Income taxes	0	(8,045)
Entergy New Orleans [Member]
OPERATING ACTIVITIES
Consolidated net income	34,672	6,402
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	37,766	36,314
Deferred income taxes, investment tax credits, and non-current taxes accrued	16,265	4,907
Changes in working capital:
Receivables	9,240	(15,306)
Fuel inventory	(844)	725
Accounts payable	3,909	(7,309)
Taxes accrued	(2,524)	948
Interest accrued	(361)	(1,315)
Deferred fuel costs	(31,599)	4,423
Other working capital accounts	(9,725)	(11,944)
Changes in provisions for estimated losses	6,319	(40,152)
Changes in other regulatory assets	24,541	35,038
Increase (Decrease) in Regulatory Liabilities	(15,456)	4,823
Changes in pension and other postretirement liabilities	(4,741)	(7,352)
Other Noncash Income (Expense)	(11,839)	16,986
Net cash flow provided by operating activities	55,623	27,188
INVESTING ACTIVITIES
Construction/capital expenditures	(115,552)	(94,173)
Allowance for equity funds used during construction	(80)	634
Change in money pool receivable - net	33,473	0
Payments to storm reserve escrow account	0	(7)
Receipts from storm reserve escrow account	0	44,200
Changes in securitization account	259	686
Net cash flow used in investing activities	(81,900)	(48,660)
Proceeds from the issuance of:
Retirement of long-term debt	(5,916)	(5,749)
Change in money pool payable - net	0	27,684
Dividends paid:
Other	15,682	(463)
Net cash flow provided by financing activities	9,766	21,472
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(16,511)	0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	26,351	26
Cash paid / (received) during the period for:
Interest - net of amount capitalized	17,055	14,684
Income taxes	0	324
Entergy Texas [Member]
OPERATING ACTIVITIES
Consolidated net income	147,888	94,848
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	113,309	104,523
Deferred income taxes, investment tax credits, and non-current taxes accrued	24,421	5,237
Changes in working capital:
Receivables	(55,237)	(33,522)
Fuel inventory	16,888	3,606
Accounts payable	79,801	1,530
Taxes accrued	(7,158)	(4,057)
Interest accrued	1,923	(1,072)
Deferred fuel costs	(141,192)	(72,537)
Other working capital accounts	2,388	(3,285)
Changes in provisions for estimated losses	(10)	314
Changes in other regulatory assets	(143,294)	43,619
Increase (Decrease) in Regulatory Liabilities	(14,444)	(2,036)
Storm restoration costs approved for securitization recognized as regulatory asset	153,383	0
Changes in pension and other postretirement liabilities	(9,475)	(11,050)
Other Noncash Income (Expense)	2,536	(6,583)
Net cash flow provided by operating activities	171,727	119,535
INVESTING ACTIVITIES
Construction/capital expenditures	(304,702)	(401,362)
Allowance for equity funds used during construction	5,759	5,115
Proceeds from Sale of Productive Assets	0	67,920
Payments to Acquire Productive Assets	0	(36,534)
Change in money pool receivable - net	(1,643)	4,601
Proceeds from insurance	4,134	0
Decrease (increase) in other investments	(30,000)	0
Changes in securitization account	79	9,955
Net cash flow used in investing activities	(326,373)	(350,305)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	286,842	0
Retirement of long-term debt	(29,064)	(170,429)
Change in money pool payable - net	(79,594)	63,437
Dividends paid:
Other	33	5,132
Net cash flow provided by financing activities	177,193	(17,801)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	22,547	(248,571)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	22,575	25
Cash paid / (received) during the period for:
Interest - net of amount capitalized	40,816	44,760
Income taxes	1,085	9,710
Dividends Paid, Preferred Stock	(1,024)	(941)
Proceeds from Contributions from Parent	0	85,000
System Energy [Member]
OPERATING ACTIVITIES
Consolidated net income	(348,716)	54,194
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	104,296	101,640
Deferred income taxes, investment tax credits, and non-current taxes accrued	(124,202)	(3,052)
Changes in working capital:
Receivables	(14,753)	(15,877)
Accounts payable	(27,368)	(3,449)
Taxes accrued	(2,664)	(27,698)
Interest accrued	(247)	(1,102)
Other working capital accounts	(41,234)	442
Changes in other regulatory assets	(22,768)	60,949
Increase (Decrease) in Regulatory Liabilities	338,280	49,033
Changes in pension and other postretirement liabilities	(7,494)	(12,243)
Other Noncash Income (Expense)	229,515	(158,386)
Net cash flow provided by operating activities	82,645	44,451
INVESTING ACTIVITIES
Construction/capital expenditures	(100,953)	(38,268)
Allowance for equity funds used during construction	4,628	2,466
Nuclear fuel purchases	(77,704)	(11,039)
Payments for Nuclear Fuel	(77,704)	(11,039)
Proceeds from sale of nuclear fuel	18,845	12,754
Change in money pool receivable - net	60,334	(56,107)
Proceeds from nuclear decommissioning trust fund sales	177,584	418,042
Investment in nuclear decommissioning trust funds	(176,735)	(414,525)
Net cash flow used in investing activities	(94,001)	(86,677)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	556,696	453,981
Retirement of long-term debt	(499,816)	(509,002)
Dividends paid:
Common stock	0	(26,000)
Net cash flow provided by financing activities	56,880	(81,021)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	45,524	(123,247)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	134,725	119,222
Cash paid / (received) during the period for:
Interest - net of amount capitalized	19,454	29,231
Income taxes	$ 0	$ 39,085

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Cash and cash equivalents:
Cash	$ 66,265	$ 44,944
Temporary cash investments	513,624	397,615
Total cash and cash equivalents	579,889	442,559
Accounts receivable:
Customer	804,552	786,866
Allowance for doubtful accounts	(25,587)	(68,608)
Other	238,496	231,843
Accrued unbilled revenues	545,027	420,255
Total accounts receivable	1,562,488	1,370,356
Deferred Fuel Cost	983,935	324,394
Fuel inventory - at average cost	138,194	154,575
Public Utilities, Inventory	1,094,564	1,041,515
Deferred nuclear refueling outage costs	186,682	133,422
Prepaid Expense and Other Assets, Current	249,659	156,774
TOTAL	4,795,411	3,623,595
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	4,090,109	5,514,016
Non-utility property - at cost (less accumulated depreciation)	358,609	357,576
Other	445,181	159,455
TOTAL	4,893,899	6,031,047
PROPERTY, PLANT, AND EQUIPMENT
Electric	63,209,561	64,263,250
Natural gas	672,282	658,989
Construction work in progress	1,827,581	1,511,966
Nuclear fuel	518,120	577,006
TOTAL PROPERTY, PLANT, AND EQUIPMENT	66,227,544	67,011,211
Less - accumulated depreciation and amortization	25,013,847	24,767,051
PROPERTY, PLANT, AND EQUIPMENT - NET	41,213,697	42,244,160
Regulatory assets:
Other regulatory assets	5,889,029	6,613,256
Deferred Fuel Cost Non Current	241,052	240,953
Goodwill	377,172	377,172
Deferred Income Tax Assets, Net	87,600	54,186
Other	329,719	269,873
Deferred Costs and Other Assets	6,924,572	7,555,440
TOTAL ASSETS	57,827,579	59,454,242
CURRENT LIABILITIES
Currently maturing long-term debt	909,030	1,039,329
Short-term borrowings	1,397,871	1,201,177
Accounts payable	1,935,286	2,610,132
Contract with Customer, Liability, Current	410,307	395,184
Taxes Payable, Current	419,408	419,828
Interest accrued	179,204	191,151
Deferred fuel costs	0	7,607
Pension and other postretirement liabilities	61,911	68,336
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	18,935	53,385
Other	209,663	204,613
TOTAL	5,541,615	6,190,742
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	4,479,428	4,706,797
Accumulated deferred investment tax credits	207,868	211,975
Regulatory liability for income taxes - net	1,216,339	1,255,692
Other regulatory liabilities	2,733,436	2,643,845
Decommissioning and asset retirement cost liabilities	4,173,137	4,757,084
Loss Contingency Accrual	453,109	157,122
Pension and other postretirement liabilities	1,788,068	1,949,325
Long-term debt	24,543,896	24,841,572
Deferred Credits and Other Liabilities	652,702	815,284
TOTAL	40,247,983	41,338,696
Subsidiaries' preferred stock without sinking fund	219,410	219,410
Proceeds from Issuance of Preferred Stock and Preference Stock	0	0
Common Shareholders' Equity:
Common Stock, Value, Issued	2,720	2,720
Additional Paid in Capital, Common Stock	6,750,368	6,766,239
Accumulated other comprehensive loss	(324,038)	(332,528)
Less - treasury stock, at cost	4,984,160	5,039,699
TOTAL	11,711,079	11,637,284
Stockholders' Equity Attributable to Noncontrolling Interest	107,492	68,110
Retained Earnings (Accumulated Deficit)	10,266,189	10,240,552
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	11,818,571	11,705,394
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	57,827,579	59,454,242
Entergy Arkansas [Member]
Cash and cash equivalents:
Cash	102	8,155
Temporary cash investments	58,167	4,760
Total cash and cash equivalents	58,269	12,915
Accounts receivable:
Customer	137,481	154,412
Allowance for doubtful accounts	(6,206)	(13,072)
Associated companies	47,582	29,587
Other	113,657	51,064
Accrued unbilled revenues	132,964	101,663
Total accounts receivable	425,478	323,654
Deferred Fuel Cost	111,147	108,862
Fuel inventory - at average cost	43,576	50,892
Public Utilities, Inventory	268,184	247,980
Deferred nuclear refueling outage costs	38,142	65,318
Prepaid Expense and Other Assets, Current	22,011	14,863
TOTAL	966,807	824,484
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,194,815	1,438,416
Other	790	947
TOTAL	1,195,605	1,439,363
PROPERTY, PLANT, AND EQUIPMENT
Electric	13,740,737	13,578,297
Construction work in progress	371,705	241,127
Nuclear fuel	140,168	182,055
TOTAL PROPERTY, PLANT, AND EQUIPMENT	14,252,610	14,001,479
Less - accumulated depreciation and amortization	5,608,711	5,472,296
PROPERTY, PLANT, AND EQUIPMENT - NET	8,643,899	8,529,183
Regulatory assets:
Other regulatory assets	1,720,162	1,689,678
Deferred Fuel Cost Non Current	68,850	68,751
Other	20,467	13,660
Deferred Costs and Other Assets	1,809,479	1,772,089
TOTAL ASSETS	12,615,790	12,565,119
CURRENT LIABILITIES
Currently maturing long-term debt	250,000	0
Associated companies accounts payable	67,262	217,310
Accounts payable	278,178	190,476
Contract with Customer, Liability, Current	97,336	92,511
Taxes Payable, Current	104,414	89,590
Interest accrued	18,693	17,108
Other	47,940	38,901
TOTAL	863,823	645,896
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	1,459,515	1,416,201
Accumulated deferred investment tax credits	28,698	29,299
Regulatory liability for income taxes - net	422,449	431,655
Other regulatory liabilities	485,083	743,314
Decommissioning and asset retirement cost liabilities	1,430,967	1,390,410
Loss Contingency Accrual	72,965	77,084
Pension and other postretirement liabilities	153,960	185,789
Long-term debt	3,925,929	3,958,862
Deferred Credits and Other Liabilities	104,059	110,754
TOTAL	8,083,625	8,343,368
Common Shareholders' Equity:
Members' Equity	3,637,338	3,542,745
Members' Equity Attributable to Noncontrolling Interest	31,004	33,110
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	3,668,342	3,575,855
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	12,615,790	12,565,119
Entergy Louisiana [Member]
Cash and cash equivalents:
Cash	454	195
Temporary cash investments	65,717	18,378
Total cash and cash equivalents	66,171	18,573
Accounts receivable:
Customer	373,359	355,265
Allowance for doubtful accounts	(7,654)	(29,231)
Associated companies	113,492	96,539
Other	48,814	36,674
Accrued unbilled revenues	213,199	174,768
Total accounts receivable	741,210	634,015
Deferred Fuel Cost	412,695	45,374
Fuel inventory - at average cost	43,141	42,958
Public Utilities, Inventory	516,412	485,325
Deferred nuclear refueling outage costs	100,751	39,582
Prepaid Expense and Other Assets, Current	84,504	44,187
TOTAL	1,964,884	1,310,014
Investments in and Advances to Affiliates, at Fair Value	3,163,572	1,390,587
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,756,483	2,114,523
Non-utility property - at cost (less accumulated depreciation)	339,975	337,247
Storm Reserve Escrow Account	290,065	0
Other	13,992	13,744
TOTAL	5,564,087	3,856,101
PROPERTY, PLANT, AND EQUIPMENT
Electric	26,976,504	28,055,038
Natural gas	292,065	285,006
Construction work in progress	785,737	847,924
Nuclear fuel	184,700	209,418
TOTAL PROPERTY, PLANT, AND EQUIPMENT	28,239,006	29,397,386
Less - accumulated depreciation and amortization	10,065,760	9,860,252
PROPERTY, PLANT, AND EQUIPMENT - NET	18,173,246	19,537,134
Regulatory assets:
Other regulatory assets	1,916,758	2,776,666
Deferred Fuel Cost Non Current	168,122	168,122
Other	40,203	27,801
Deferred Costs and Other Assets	2,125,083	2,972,589
TOTAL ASSETS	27,827,300	27,675,838
CURRENT LIABILITIES
Currently maturing long-term debt	200,000	200,000
Associated companies accounts payable	123,940	183,172
Accounts payable	882,132	1,481,902
Contract with Customer, Liability, Current	156,467	150,697
Taxes Payable, Current	62,562	64,248
Interest accrued	89,789	93,052
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	6,073	24,291
Other	88,718	68,995
TOTAL	1,609,681	2,266,357
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	2,235,221	2,433,854
Accumulated deferred investment tax credits	100,228	102,588
Regulatory liability for income taxes - net	303,290	313,693
Other regulatory liabilities	1,030,622	1,042,597
Decommissioning and asset retirement cost liabilities	1,694,679	1,653,198
Loss Contingency Accrual	318,557	24,490
Pension and other postretirement liabilities	511,136	528,213
Long-term debt	10,169,840	10,714,346
Deferred Credits and Other Liabilities	300,449	415,930
TOTAL	16,664,022	17,228,909
Common Shareholders' Equity:
Accumulated other comprehensive loss	7,174	8,278
Members' Equity	9,514,529	8,172,294
Members' Equity Attributable to Noncontrolling Interest	31,894	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	9,553,597	8,180,572
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	27,827,300	27,675,838
Entergy Mississippi [Member]
Cash and cash equivalents:
Cash	36	29
Temporary cash investments	26,072	47,598
Total cash and cash equivalents	26,108	47,627
Accounts receivable:
Customer	93,171	84,048
Allowance for doubtful accounts	(2,222)	(7,209)
Associated companies	13,526	42,994
Other	12,250	14,609
Accrued unbilled revenues	74,416	56,034
Total accounts receivable	191,141	190,476
Deferred Fuel Cost	246,630	121,878
Fuel inventory - at average cost	15,663	10,311
Public Utilities, Inventory	79,390	69,639
Prepaid Expense and Other Assets, Current	28,494	6,394
TOTAL	587,426	446,325
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	4,519	4,527
Escrow accounts	41,067	48,886
TOTAL	45,586	53,413
PROPERTY, PLANT, AND EQUIPMENT
Electric	6,724,036	6,613,109
Construction work in progress	266,686	95,452
TOTAL PROPERTY, PLANT, AND EQUIPMENT	6,990,722	6,708,561
Less - accumulated depreciation and amortization	2,204,547	2,127,590
PROPERTY, PLANT, AND EQUIPMENT - NET	4,786,175	4,580,971
Regulatory assets:
Other regulatory assets	459,100	462,432
Other	18,613	14,248
Deferred Costs and Other Assets	477,713	476,680
TOTAL ASSETS	5,896,900	5,557,389
CURRENT LIABILITIES
Associated companies accounts payable	45,337	42,929
Accounts payable	133,452	113,000
Contract with Customer, Liability, Current	88,087	86,167
Taxes Payable, Current	70,252	106,273
Interest accrued	17,781	17,283
Other	22,629	36,731
TOTAL	377,538	402,383
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	741,539	720,097
Accumulated deferred investment tax credits	10,801	10,913
Regulatory liability for income taxes - net	206,932	212,445
Other regulatory liabilities	70,267	49,313
Decommissioning and asset retirement cost liabilities	10,603	10,315
Loss Contingency Accrual	37,834	38,028
Pension and other postretirement liabilities	50,945	59,065
Long-term debt	2,430,499	2,179,989
Deferred Credits and Other Liabilities	31,469	35,273
TOTAL	3,590,889	3,315,438
Common Shareholders' Equity:
Stockholders' Equity Attributable to Noncontrolling Interest	9,595	0
Members' Equity	1,918,878	1,839,568
Members' Equity Attributable to Noncontrolling Interest	9,595	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	1,928,473	1,839,568
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	5,896,900	5,557,389
Entergy New Orleans [Member]
Cash and cash equivalents:
Cash	686	26
Temporary cash investments	25,665	42,836
Total cash and cash equivalents	26,351	42,862
Securitization recovery trust account	1,740	1,999
Accounts receivable:
Customer	77,869	69,902
Allowance for doubtful accounts	(6,913)	(13,282)
Associated companies	6,489	74,146
Other	8,912	13,668
Accrued unbilled revenues	40,914	25,550
Total accounts receivable	127,271	169,984
Deferred Fuel Cost	23,992	0
Fuel inventory - at average cost	3,789	2,945
Public Utilities, Inventory	21,623	19,216
Prepaid Expense and Other Assets, Current	15,018	5,428
TOTAL	219,784	242,434
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	1,044	1,016
TOTAL	1,044	1,016
PROPERTY, PLANT, AND EQUIPMENT
Electric	1,976,201	1,976,202
Natural gas	380,217	373,983
Construction work in progress	32,408	22,199
TOTAL PROPERTY, PLANT, AND EQUIPMENT	2,388,826	2,372,384
Less - accumulated depreciation and amortization	798,549	774,309
PROPERTY, PLANT, AND EQUIPMENT - NET	1,590,277	1,598,075
Regulatory assets:
Other regulatory assets	224,076	248,617
Deferred Fuel Cost Non Current	4,080	4,080
Other	62,756	56,101
Deferred Costs and Other Assets	290,912	308,798
TOTAL ASSETS	2,102,017	2,150,323
CURRENT LIABILITIES
Currently maturing long-term debt	70,000	0
Notes Payable, Related Parties, Current	1,326	1,326
Associated companies accounts payable	51,740	45,057
Accounts payable	66,467	146,921
Contract with Customer, Liability, Current	30,425	28,539
Taxes Payable, Current	1,861	4,385
Interest accrued	7,630	7,991
Deferred fuel costs	0	7,607
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	0	1,906
Other	6,706	6,204
TOTAL	236,155	249,936
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	382,567	365,384
Accumulated deferred investment tax credits	16,287	16,306
Regulatory liability for income taxes - net	38,809	40,589
Decommissioning and asset retirement cost liabilities	0	4,032
Loss Contingency Accrual	12,648	6,329
Long-term debt	701,904	777,254
Notes Payable, Related Parties, Noncurrent	9,585	9,585
Deferred Credits and Other Liabilities	30,675	42,193
TOTAL	1,192,475	1,261,672
Common Shareholders' Equity:
Members' Equity	673,387	638,715
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	673,387	638,715
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	2,102,017	2,150,323
Entergy Texas [Member]
Cash and cash equivalents:
Cash	8,224	28
Temporary cash investments	14,351	0
Total cash and cash equivalents	22,575	28
Securitization recovery trust account	26,551	26,629
Accounts receivable:
Customer	122,672	83,797
Allowance for doubtful accounts	(2,591)	(5,814)
Associated companies	19,898	31,720
Other	18,714	13,404
Accrued unbilled revenues	83,535	62,241
Total accounts receivable	242,228	185,348
Deferred Fuel Cost	189,472	48,280
Fuel inventory - at average cost	25,824	42,712
Public Utilities, Inventory	77,731	72,884
Prepaid Expense and Other Assets, Current	43,807	17,515
TOTAL	628,188	393,396
OTHER PROPERTY AND INVESTMENTS
Investment in affiliates - at equity	275	300
Non-utility property - at cost (less accumulated depreciation)	376	376
Other	17,938	18,128
TOTAL	18,589	18,804
PROPERTY, PLANT, AND EQUIPMENT
Electric	7,165,752	7,181,567
Construction work in progress	245,788	183,965
TOTAL PROPERTY, PLANT, AND EQUIPMENT	7,411,540	7,365,532
Less - accumulated depreciation and amortization	2,090,728	2,049,750
PROPERTY, PLANT, AND EQUIPMENT - NET	5,320,812	5,315,782
Regulatory assets:
Other regulatory assets	564,627	421,333
Other	123,447	112,096
Deferred Costs and Other Assets	688,074	533,429
TOTAL ASSETS	6,655,663	6,261,411
CURRENT LIABILITIES
Associated companies accounts payable	70,373	142,929
Accounts payable	209,234	164,981
Contract with Customer, Liability, Current	37,992	37,271
Taxes Payable, Current	41,860	49,018
Interest accrued	20,925	19,002
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	12,862	27,188
Other	16,845	16,120
TOTAL	410,091	456,509
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	724,033	692,496
Accumulated deferred investment tax credits	9,018	9,325
Regulatory liability for income taxes - net	135,550	144,145
Other regulatory liabilities	45,537	37,060
Decommissioning and asset retirement cost liabilities	8,758	8,520
Loss Contingency Accrual	8,232	8,242
Long-term debt	2,612,874	2,354,148
Deferred Credits and Other Liabilities	71,512	67,760
TOTAL	$ 3,615,514	$ 3,321,696
Common Stock, Shares, Outstanding	46,525,000	46,525,000
Common Shareholders' Equity:
Common Stock, Value, Issued	$ 49,452	$ 49,452
Additional Paid in Capital, Common Stock	1,050,125	1,050,125
TOTAL	2,591,308	2,444,456
Stockholders' Equity Attributable to Noncontrolling Interest	38,750	38,750
Retained Earnings (Accumulated Deficit)	1,491,731	1,344,879
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	2,630,058	2,483,206
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	6,655,663	6,261,411
System Energy [Member]
Cash and cash equivalents:
Cash	77	87
Temporary cash investments	134,648	89,114
Total cash and cash equivalents	134,725	89,201
Accounts receivable:
Associated companies	75,557	118,977
Other	4,842	7,003
Total accounts receivable	80,399	125,980
Public Utilities, Inventory	127,154	127,093
Deferred nuclear refueling outage costs	47,789	10,123
Prepaid Expense and Other Assets, Current	5,376	1,870
TOTAL	395,443	354,267
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,138,811	1,385,254
TOTAL	1,138,811	1,385,254
PROPERTY, PLANT, AND EQUIPMENT
Electric	5,442,584	5,362,494
Construction work in progress	79,596	97,968
Nuclear fuel	193,253	171,438
TOTAL PROPERTY, PLANT, AND EQUIPMENT	5,715,433	5,631,900
Less - accumulated depreciation and amortization	3,423,021	3,396,136
PROPERTY, PLANT, AND EQUIPMENT - NET	2,292,412	2,235,764
Regulatory assets:
Other regulatory assets	418,314	395,546
Other	1,781	1,793
Deferred Costs and Other Assets	420,095	397,339
TOTAL ASSETS	4,246,761	4,372,624
CURRENT LIABILITIES
Currently maturing long-term debt	250,030	50,329
Associated companies accounts payable	13,797	23,682
Accounts payable	50,948	62,573
Taxes Payable, Current	30,254	32,918
Interest accrued	11,467	11,714
Other	4,100	4,101
TOTAL	360,596	185,317
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	260,035	382,931
Accumulated deferred investment tax credits	42,364	43,003
Regulatory liability for income taxes - net	109,309	113,165
Other regulatory liabilities	1,087,080	744,944
Decommissioning and asset retirement cost liabilities	1,027,536	1,007,603
Pension and other postretirement liabilities	68,610	76,104
Long-term debt	548,585	690,967
Deferred Credits and Other Liabilities	2	37,230
TOTAL	$ 3,143,521	$ 3,095,947
Common Stock, Shares, Outstanding	789,350	789,350
Common Shareholders' Equity:
Common Stock, Value, Issued	$ 951,850	$ 951,850
Retained Earnings (Accumulated Deficit)	(209,206)	139,510
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	742,644	1,091,360
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 4,246,761	$ 4,372,624

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net income	$ 164,011	$ (1,394)	$ 443,604	$ 337,750
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax	24	(222)	48	(29,802)
Other comprehensive income (loss)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	6,045	22,098	14,373	45,065
Net unrealized investment gains	6,471	(108)	(5,931)	(44,795)
Other comprehensive income (loss)	12,540	21,768	8,490	(29,532)
Total comprehensive income	176,551	20,374	452,094	308,218
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,308	4,580	7,501	9,159
Comprehensive Income Attributable to Entergy Corporation	172,243	15,794	444,593	299,059
Entergy Louisiana [Member]
Net income	316,659	143,927	467,519	310,553
Other comprehensive income (loss)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	(491)	588	(1,104)	181
Other comprehensive income (loss)	(491)	588	(1,104)	181
Total comprehensive income	316,168	144,515	466,415	310,734
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	258	0	258	0
Comprehensive Income Attributable to Entergy Corporation	315,910	144,515	466,157	310,734
Entergy Arkansas [Member]
Net income	63,110	56,593	128,677	149,630
Other comprehensive income (loss)
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	(529)	0	(1,916)	0
System Energy [Member]
Net income	$ (380,148)	$ 30,330	$ (348,716)	$ 54,194

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 Mississippi [Member] Member's Equity [Member]	Entergy Mississippi [Member] Noncontrolling Interest	Entergy Arkansas [Member]	Entergy Arkansas [Member] Member's Equity [Member]	Entergy Arkansas [Member] Noncontrolling Interest	Entergy Louisiana [Member]	Entergy Louisiana [Member] Member's Equity [Member]	Entergy Louisiana [Member] Accumulated Other Comprehensive Income [Member]	Entergy Louisiana [Member] Noncontrolling Interest	Entergy New Orleans [Member]	System Energy [Member]	System Energy [Member] Retained Earnings [Member]	System Energy [Member] Common Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
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	$ 1,672,734	$ 0	$ 3,276,169	$ 3,276,169	$ 0	$ 7,457,688	$ 7,453,361	$ 4,327	$ 0	$ 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	25,972	0	93,037	93,037	0	166,626	166,626	0	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)	0
Common stock issuances related to stock plans	1,636	0	29,871	0	0	0	(28,235)
Other																			(16)	(16)	0	0
Dividends, Preferred Stock, Cash	4,000							470	0	0	470	0
Consolidated net income	337,750							94,848					77,388			149,630			310,553				6,402	54,194
Proceeds from Noncontrolling Interests	0												0
Other comprehensive income (loss)	(29,532)																		181
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	$ 9,159							941					0			0			0
Common stock dividend (in dollars per share)	$ 1.90
Proceeds from Contributions from Parent								85,000
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	1,698,706	0	3,369,206	3,369,206	0	7,623,891	7,619,971	3,920	0	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	51,416	0	56,593	56,593	0	143,927	143,927	0	0	4,631	30,330	30,330	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	0
Stock Issued During Period, Value, Other	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
Common stock issuances related to stock plans	(18,789)	0	(14,810)	0	0	0	(3,979)
Other																			(12)	(12)	0	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,580							471					0			0			0
Dividends, Preferred Stock, Cash	$ 4,000							471	0	0	471	0
Common stock dividend (in dollars per share)	$ 0.95
Proceeds from Contributions from Parent								85,000	0	85,000	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	1,750,122	0	3,425,799	3,425,799	0	7,768,394	7,763,886	4,508	0	613,319	1,108,740	156,890	951,850
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	11,705,394	68,110	6,766,239	10,240,552	(332,528)	2,720	(5,039,699)	2,483,206	38,750	1,050,125	1,344,879	49,452	1,839,568	1,839,568	0	3,575,855	3,542,745	33,110	8,180,572	8,172,294	8,278	0	638,715	1,091,360	139,510	951,850
Consolidated net income	279,593	3,193	0	276,400	0	0	0	50,403	0	0	50,403	0	30,355	30,355	0	65,567	66,954	(1,387)	150,860	150,860	0	0	15,126	31,432	31,432	0
Dividends, Common Stock, Cash	(205,058)	0	0	(205,058)	0	0	0												(125,000)	(125,000)	0	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	(4,050)	0	0	0	(4,050)	0	0												(613)	0	(613)	0
Common stock issuances related to stock plans	(5,527)	0	31,085	0	0	0	(36,612)
Other																			(13)	(13)	0	0
Dividends, Preferred Stock, Cash								518	0	0	518	0
Consolidated net income	443,604							147,888					79,309			128,677			467,519				34,672	(348,716)
Proceeds from Noncontrolling Interests	9,595												9,595
Other comprehensive income (loss)	8,490																		(1,104)
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	$ 7,501							1,036					0			(1,916)			258
Common stock dividend (in dollars per share)	$ 2.02
Proceeds from Contributions from Parent								0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 11,776,826	66,723	6,735,154	10,311,894	(336,578)	2,720	(5,003,087)	2,533,091	38,750	1,050,125	1,394,764	49,452	1,869,923	1,869,923	0	3,641,422	3,609,699	31,723	8,205,806	8,198,141	7,665	0	653,841	1,122,792	170,942	951,850
Consolidated net income	164,011	4,308	0	159,703	0	0	0	97,485	0	0	97,485	0	48,955	48,955	0	63,110	63,639	(529)	316,659	316,401	0	258	19,546	(380,148)	(380,148)	0
Noncontrolling Interest, Increase from Subsidiary Equity Issuance	9,595	9,595	0	0	0	0	0						9,595	0	9,595
Dividends, Common Stock, Cash	(205,408)	0	0	(205,408)	0	0	0									(36,000)	(36,000)	0
Interest Expense, Beneficial Interests Issued by Consolidated Variable Interest Entities	31,636	31,636	0	0	0	0	0												31,636	0	0	31,636
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	(190)	(190)	0	0	0	0	0									(190)	0	(190)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	12,540	0	0	0	12,540	0	0												(491)	0	(491)	0
Common stock issuances related to stock plans	(34,141)	0	(15,214)	0	0	0	(18,927)
Other																			(13)	(13)	0	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,308							518					0			(529)			258
Dividends, Preferred Stock, Cash	$ 4,000							518	0	0	518	0
Common stock dividend (in dollars per share)	$ 1.01
Proceeds from Contributions from Parent																			1,000,000	1,000,000	0	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 11,818,571	$ 107,492	$ 6,750,368	$ 10,266,189	$ (324,038)	$ 2,720	$ (4,984,160)	$ 2,630,058	$ 38,750	$ 1,050,125	$ 1,491,731	$ 49,452	$ 1,928,473	$ 1,918,878	$ 9,595	$ 3,668,342	$ 3,637,338	$ 31,004	$ 9,553,597	$ 9,514,529	$ 7,174	$ 31,894	$ 673,387	$ 742,644	$ (209,206)	$ 951,850

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Securitized Regulatory Transition Assets, Noncurrent	$ 303,410	$ 49,579
Long-term Transition Bond, Noncurrent	$ 335,995	$ 83,639
Common Stock, Shares Authorized	499,000,000	499,000,000
Common Stock, Shares, Issued	271,965,510	271,965,510
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Authorized	1,000,000	1,000,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Treasury Stock, Shares	68,548,479	69,312,326
Entergy New Orleans [Member]
Securitized Regulatory Transition Assets, Noncurrent	$ 19,906	$ 25,761
Long-term Transition Bond, Noncurrent	23,866	29,661
Entergy Texas [Member]
Securitized Regulatory Transition Assets, Noncurrent	283,503	23,818
Long-term Transition Bond, Noncurrent	$ 312,129	$ 53,979
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Shares, Issued	46,525,000	46,525,000
Common Stock, Shares, Outstanding	46,525,000	46,525,000
System Energy [Member]
Common Stock, Shares Authorized	1,000,000	1,000,000
Common Stock, Shares, Issued	789,350	789,350
Common Stock, Shares, Outstanding	789,350	789,350

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ 1,642	$ 6,231	$ 4,184	$ 12,545
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax	0	66	0	7,935
Other Comprehensive Income (Loss), Securities, Available-for-sale, Tax	3,768	(27)	(3,453)	(25,608)
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,308	4,580	7,501	9,159
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	172,243	15,794	444,593	299,059
Entergy Louisiana [Member]
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	(181)	208	(407)	64
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	258	0	258	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 315,910	$ 144,515	$ 466,157	$ 310,734

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
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 authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In 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. Entergy received payment from the U.S. Treasury in January 2022. The effect of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $32 million related to costs previously recorded as plant, $47 million related to costs previously recorded as other operation and maintenance expenses, and $4 million related to costs previously recorded as taxes other than income taxes. 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 authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In 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. Entergy received payment from the U.S. Treasury in January 2022. The effect of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $32 million related to costs previously recorded as plant, $47 million related to costs previously recorded as other operation and maintenance expenses, and $4 million related to costs previously recorded as taxes other than income taxes. 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 authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In 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. Entergy received payment from the U.S. Treasury in January 2022. The effect of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $32 million related to costs previously recorded as plant, $47 million related to costs previously recorded as other operation and maintenance expenses, and $4 million related to costs previously recorded as taxes other than income taxes. 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 authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In 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. Entergy received payment from the U.S. Treasury in January 2022. The effect of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $32 million related to costs previously recorded as plant, $47 million related to costs previously recorded as other operation and maintenance expenses, and $4 million related to costs previously recorded as taxes other than income taxes. 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 authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In 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. Entergy received payment from the U.S. Treasury in January 2022. The effect of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $32 million related to costs previously recorded as plant, $47 million related to costs previously recorded as other operation and maintenance expenses, and $4 million related to costs previously recorded as taxes other than income taxes. 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 authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In 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. Entergy received payment from the U.S. Treasury in January 2022. The effect of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $32 million related to costs previously recorded as plant, $47 million related to costs previously recorded as other operation and maintenance expenses, and $4 million related to costs previously recorded as taxes other than income taxes. 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 authorities, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. Spent Nuclear Fuel Litigation See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. In 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. Entergy received payment from the U.S. Treasury in January 2022. The effect of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $32 million related to costs previously recorded as plant, $47 million related to costs previously recorded as other operation and maintenance expenses, and $4 million related to costs previously recorded as taxes other than income taxes. 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	6 Months Ended
	Jun. 30, 2022
Rate and Regulatory Matters	NOTE 2. 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. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2022, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.00959 per kWh to $0.01785 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2021, particularly in the fourth quarter 2021. At the request of the APSC general staff, Entergy Arkansas deferred its request for recovery of $32 million from the under-recovery related to the 2021 February winter storms until the 2023 energy cost rate redetermination, unless a request for an interim adjustment to the energy cost recovery rider is necessary. This resulted in a redetermined rate of $0.016390 per kWh, which became effective with the first billing cycle in April 2022 through the normal operation of the tariff. Entergy Louisiana As discussed in the Form 10-K, 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. In April 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s fuel adjustment clause charges in February 2021 that did not recommend any financial disallowances, but included several prospective recommendations. Responsive testimony was filed by one intervenor and the parties agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. In May 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s purchased gas adjustment charges in February 2021 that did not propose any financial disallowances. The LPSC staff and Entergy Louisiana have agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $135 million of fuel expense incurred in April, May, and June 2022 (as reflected on June, July, and August 2022 bills). Deferrals from April and May 2022 are expected to be recovered in the last four months of 2022 and June 2022 deferrals will be included in the over/under calculation of the fuel adjustment clause. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC” below for discussion of the settlement agreement filed with the FERC in June 2022. The settlement, which is contingent upon FERC approval, provides for a refund of $235 million from System Energy to Entergy Mississippi. In July 2022 the MPSC directed the disbursement of settlement proceeds, ordering Entergy Mississippi to provide a one-time $80 bill credit to each of its approximately 460,000 retail customers to be effective during the September 2022 billing cycle, and to apply the remaining proceeds to Entergy Mississippi’s under-recovered deferred fuel balance. Entergy Texas In May 2022, Entergy Texas filed an application with the PUCT to implement an interim fuel surcharge to collect the cumulative under-recovery of approximately $51.7 million, including interest, of fuel and purchased power costs incurred from May 1, 2020 through December 31, 2021. The under-recovery balance is primarily attributable to the impacts of Winter Storm Uri, including historically high natural gas prices, partially offset by settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas proposed that the interim fuel surcharge be assessed over a period of six months beginning with the first billing cycle after the PUCT issues a final order, but no later than the first billing cycle of September 2022. Also in May 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. In July 2022, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding. In addition, Entergy Texas filed on behalf of the parties a motion to admit evidence, to approve interim rates as requested in the initial application, and to remand the proceeding to the PUCT to consider the unopposed settlement. In August 2022 the ALJ with the State Office of Administrative Hearings issued an order granting Entergy Texas’s motion, approving interim rates effective with the first billing cycle of September 2022, and remanding the case to the PUCT for final approval. 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 2022 Formula Rate Plan Filing In July 2022, Entergy Arkansas filed with the APSC its 2022 formula rate plan filing to set its formula rate for the 2023 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2023 and a netting adjustment for the historical year 2021. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2023 projected year is 7.40% resulting in a revenue deficiency of $104.8 million. The earned rate of return on common equity for the 2021 historical year was 8.38% resulting in a $15.2 million netting adjustment. The total proposed revenue change for the 2023 projected year and 2021 historical year netting adjustment is $119.9 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 $79.3 million. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of June 30, 2022, Entergy Arkansas had a regulatory asset of $36.6 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2021 Formula Rate Plan Filing In May 2022, Entergy Louisiana filed its formula rate plan evaluation report for its 2021 calendar year operations. The 2021 test year evaluation report produced an earned return on common equity of 8.33%, with a base formula rate plan revenue increase of $65.3 million. Other increases in formula rate plan revenue driven by reductions in Tax Cut and Jobs Act credits and additions to transmission and distribution plant in service reflected through the transmission recovery mechanism and distribution recovery mechanism are partly offset by an increase in net MISO revenues, leading to a net increase in formula rate plan revenue of $152.9 million. 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 $86 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $66.9 million. Subject to refund and LPSC review, the resulting changes will be effective for bills rendered during the first billing cycle of September 2022. 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. 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 June 30, 2022, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2022 Formula Rate Plan Filing In March 2022, Entergy Mississippi submitted its formula rate plan 2022 test year filing and 2021 look-back filing showing Entergy Mississippi’s earned return for the historical 2021 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2022 calendar year to be below the formula rate plan bandwidth. The 2022 test year filing shows a $69 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.70% 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 $48.6 million. The 2021 look-back filing compares actual 2021 results to the approved benchmark return on rate base and reflects the need for a $34.5 million interim increase in formula rate plan revenues. In fourth quarter 2021, Entergy Mississippi recorded a regulatory asset of $19 million to reflect the then-current estimate in connection with the look-back feature of the formula rate plan. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2021 retail revenues, effective in April 2022. In June 2022, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2022 test year filing that resulted in a total rate increase of $48.6 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2021 look-back filing reflected an earned return on rate base of 5.99% in calendar year 2021, which is below the look-back bandwidth, resulting in a $34.3 million increase in the formula rate plan revenues on an interim basis through June 2023. In July 2022 the MPSC approved the joint stipulation with rates effective in August 2022. In July 2022 the MPSC directed Entergy Mississippi to flow $14.1 million of the power management rider over-recovery balance to customers beginning in August 2022 through December 2022 to mitigate the bill impact of the increase in formula rate plan revenues. Sunflower Solar As discussed in the Form 10-K, in April 2020 the MPSC issued an order approving certification of the Sunflower Solar facility and its recovery through the interim capacity rate adjustment mechanism, subject to certain conditions. In July 2022, pursuant to the MPSC’s April 2020 order, Entergy Mississippi submitted a compliance filing to the MPSC with updated calculations of the impact of the Sunflower Solar facility on rate base and revenue requirement for the Sunflower Solar facility and benefits of the tax equity partnership. See Note 14 to the financial statements herein for discussion of Entergy Mississippi’s purchase of the Sunflower Solar facility. 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 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2022, Entergy Mississippi had a regulatory asset of $13.1 million for costs associated with the COVID-19 pandemic. Entergy Mississippi received approval to recover this regulatory asset through its formula rate plan rider over a three-year period beginning August 2022. Filings with the City Council (Entergy New Orleans) Retail Rates 2022 Formula Rate Plan Filing In April 2022, Entergy New Orleans submitted to the City Council its formula rate plan 2021 test year filing. The 2021 test year evaluation report, subsequently updated in a July 2022 filing, produced an earned return on equity of 6.88% compared to the authorized return on equity of 9.35%. Entergy New Orleans seeks approval of a $42.1 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $34.1 million and an increase in authorized gas revenues of $3.3 million. Entergy New Orleans also seeks to commence collecting $4.7 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. In July 2022 the City Council’s advisors issued a report seeking a reduction to Entergy New Orleans’s proposed increase of approximately $17.1 million in total for electric and gas revenues. The parties have a 25-day period to attempt to reach an agreement on the final amount to increase revenues, with implementation of resulting rates effective with the first billing cycle of September 2022 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council will set a procedural schedule that will extend the process for City Council approval of disputed rate adjustments. COVID-19 Orders As discussed in the Form 10-K, in May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2022, Entergy New Orleans had a regulatory asset of $14.5 million for costs associated with the COVID-19 pandemic. As part of its 2022 formula rate plan filing, Entergy New Orleans requested recovery of this regulatory asset over a five-year period beginning September 2022. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case In July 2022, Entergy Texas filed a base rate case with the PUCT seeking an increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase are changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions currently reflected in the distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which would be reset to zero as a result of this proceeding. In July 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. Also in July 2022, the ALJ with the State Office of Administrative Hearings approved a procedural schedule with a hearing on the merits in December 2022. Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, 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. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in December 2021. In December 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, including a motion for interim rates to take effect for usage on and after January 24, 2022. Also, in December 2021, the ALJ with the State Office of Administrative Hearings issued an order granting the motion for interim rates, which went into effect in January 2022, admitting evidence, and remanding the proceeding to the PUCT to consider the settlement. In March 2022 the PUCT issued an order approving the settlement. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2021, 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 $66.1 million annually, or $15.1 million in incremental annual revenues beyond Energy Texas’s currently effective TCRF rider based on its capital invested in transmission between September 1, 2020 and July 31, 2021 and changes in approved transmission charges. In January 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In February 2022 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 2022. In February 2022 the ALJ granted the motion for interim rates, admitted evidence, and remanded the case to the PUCT for consideration of a final order at a future open meeting. In June 2022 the PUCT issued an order approving the settlement. Generation Cost Recovery Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its generation capital investment in the Montgomery County Power Station through August 31, 2020, which was approved by the PUCT on an interim basis in January 2021. In March 2021, Entergy Texas filed to update its generation cost recovery rider to include its generation capital investment in Montgomery County Power Station after August 31, 2020 and an unopposed settlement agreement filed on behalf of the parties by Entergy Texas in October 2021 was approved by the PUCT in January 2022. In February 2022, Entergy Texas filed a relate-back rider to collect over five months an additional approximately $5 million, which is the difference between the interim revenue requirement approved in January 2021 and the revenue requirement approved in January 2022 that reflects Entergy Texas’s full generation capital investment and ownership in Montgomery County Power Station on January 1, 2021, plus carrying costs from January 2021 through January 2022 when the updated revenue requirement took effect. In April 2022, Entergy Texas and PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. In December 2020, Entergy Texas also filed an application to amend its generation cost recovery rider to reflect its acquisition of the Hardin County Peaking Facility, which closed in June 2021. Because Hardin was to be acquired in the future, the initial generation cost recovery rider rates proposed in the application represented no change from the generation cost recovery rider rates established in Entergy Texas’s previous generation cost recovery rider proceeding. In July 2021 the PUCT issued an order approving the application. In August 2021, Entergy Texas filed an update application to recover its actual investment in the acquisition of the Hardin County Peaking Facility. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in April 2022. In January 2022, Entergy Texas filed an update to its application to align the requested revenue requirement with the terms of the generation cost recovery rider settlement approved by the PUCT in January 2022. In March 2022, Entergy Texas filed on behalf of the parties an unopposed motion, which motion was granted by the ALJ with the State Office of Administrative Hearings, to abate the procedural schedule indicating that the parties had reached an agreement in principle. In April 2022, Entergy Texas filed on behalf of the parties a unanimous settlement agreement that would adjust its generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million, which is $4.5 million in incremental annual revenue above the $88.3 million approved in January 2022, related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility. Concurrently with filing of the unanimous settlement agreement, Entergy Texas submitted an agreed motion to admit evidence and remand the case to the PUCT for review and consideration of the settlement agreement, which motion was granted by the ALJ with the State Office of Administrative Hearings. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As of June 30, 2022, Entergy Texas had a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s order denying Entergy Arkansas’s request to recover the costs of the opportunity sales payments made to the other Utility operating companies. In October 2020 the APSC filed a motion to dismiss Entergy Arkansas’s complaint. In March 2022 the court denied the APSC’s motion to dismiss and, in April 2022, issued a scheduling order including a trial date in February 2023. In June 2022, Entergy Arkansas filed a motion asserting that it is entitled to summary judgment because Entergy Arkansas’s position that the APSC’s order is pre-empted by the filed rate doctrine and violates the Dormant Commerce Clause is premised on facts that are not subject to genuine dispute. In July 2022, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a motion to intervene and to hold Entergy Arkansas’s motion for summary judgment in abeyance pending a ruling on the motion to intervene. Entergy Arkansas filed a consolidated opposition to both motions. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. The following are updates to that discussion. See “ System Energy Settlement with the MPSC ” below for discussion of a partial settlement agreement and offer of settlement related to the pending proceedings before the FERC. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $61 million, which includes interest through June 30, 2022, and the estimated resulting annual rate reduction would be approximate ly $50 million. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, APSC, MPSC, City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, APSC, MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million. The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and that System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through June 30, 2022 is approximately $422 million, plus interest, which is approxim ately $139 million through June 30 , 2022. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $19 million, which includes interest through June 30, 2022. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. The case is pending before the FERC, which will review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. Unit Power Sales Agreement Complaint The first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. System Energy agreed that the hearing should be held in abeyance but sought rehearing of the FERC’s decision as related to matters set for hearing that were beyond the scope of the FERC’s jurisdiction or authority. The complainants sought rehearing of the FERC’s decision to hold the hearing in abeyance and filed a motion to proceed, which motion System Energy subsequently opposed. In June 2021, System Energy’s request for rehearing was denied by operation of law, and System Energy filed an appeal of the FERC’s orders in the Court of Appeals for the Fifth Circuit. The appeal was initially stayed for a period of 90 days, but the stay expired. In November 2021 the Fifth Circuit dismissed the appeal as premature. In November 2021 the LPSC, the APSC, and the City Council filed direct testimony and requested the FERC to order refunds for prior periods and prospective amendments to the Unit Power Sales Agreement. The LPSC’s refund claims include, among other things, allegations that: (1) System Energy should not have included certain sale-leaseback transaction costs in prepayments; (2) System Energy should have credited rate base to reflect the time value of money associated with the advance collection of lease payments; (3) System Energy incorrectly included refueling outage costs that were recorded in account 174 in rate base; and (4) System Energy should have excluded several accumulated deferred income tax balances in account 190 from rate base. The LPSC is also seeking a retroactive adjustment to retained earnings and capital structure in conjunction with the implementation of its proposed refunds. In addition, the LPSC seeks amendments to the Unit Power Sales Agreement going forward to address below-the-line costs, incentive compensation, the working capital allowance, litigation expenses, and the 2019 termination of the capital funds agreement. The APSC argues that: (1) System Energy should have included borrowings from the Entergy System money pool in its determination of short-term debt in its cost of capital; and (2) System Energy should credit customers with System Energy’s allocation of earnings on money pool investments. The City Council alleges that System Energy has maintained excess cash on hand in the money pool and that retention of excess cash was imprudent. Based on this allegation, the City Council’s witness recommends a refund of approximately $98.8 million for the period 2004-September 2021 or other alternative relief. The City Council further recommends that the FERC impose a hypothetical equity ratio such as 48.15% equity to capital on a prospective basis. I
Entergy Arkansas [Member]
Rate and Regulatory Matters	NOTE 2. 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. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2022, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.00959 per kWh to $0.01785 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2021, particularly in the fourth quarter 2021. At the request of the APSC general staff, Entergy Arkansas deferred its request for recovery of $32 million from the under-recovery related to the 2021 February winter storms until the 2023 energy cost rate redetermination, unless a request for an interim adjustment to the energy cost recovery rider is necessary. This resulted in a redetermined rate of $0.016390 per kWh, which became effective with the first billing cycle in April 2022 through the normal operation of the tariff. Entergy Louisiana As discussed in the Form 10-K, 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. In April 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s fuel adjustment clause charges in February 2021 that did not recommend any financial disallowances, but included several prospective recommendations. Responsive testimony was filed by one intervenor and the parties agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. In May 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s purchased gas adjustment charges in February 2021 that did not propose any financial disallowances. The LPSC staff and Entergy Louisiana have agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $135 million of fuel expense incurred in April, May, and June 2022 (as reflected on June, July, and August 2022 bills). Deferrals from April and May 2022 are expected to be recovered in the last four months of 2022 and June 2022 deferrals will be included in the over/under calculation of the fuel adjustment clause. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC” below for discussion of the settlement agreement filed with the FERC in June 2022. The settlement, which is contingent upon FERC approval, provides for a refund of $235 million from System Energy to Entergy Mississippi. In July 2022 the MPSC directed the disbursement of settlement proceeds, ordering Entergy Mississippi to provide a one-time $80 bill credit to each of its approximately 460,000 retail customers to be effective during the September 2022 billing cycle, and to apply the remaining proceeds to Entergy Mississippi’s under-recovered deferred fuel balance. Entergy Texas In May 2022, Entergy Texas filed an application with the PUCT to implement an interim fuel surcharge to collect the cumulative under-recovery of approximately $51.7 million, including interest, of fuel and purchased power costs incurred from May 1, 2020 through December 31, 2021. The under-recovery balance is primarily attributable to the impacts of Winter Storm Uri, including historically high natural gas prices, partially offset by settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas proposed that the interim fuel surcharge be assessed over a period of six months beginning with the first billing cycle after the PUCT issues a final order, but no later than the first billing cycle of September 2022. Also in May 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. In July 2022, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding. In addition, Entergy Texas filed on behalf of the parties a motion to admit evidence, to approve interim rates as requested in the initial application, and to remand the proceeding to the PUCT to consider the unopposed settlement. In August 2022 the ALJ with the State Office of Administrative Hearings issued an order granting Entergy Texas’s motion, approving interim rates effective with the first billing cycle of September 2022, and remanding the case to the PUCT for final approval. 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 2022 Formula Rate Plan Filing In July 2022, Entergy Arkansas filed with the APSC its 2022 formula rate plan filing to set its formula rate for the 2023 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2023 and a netting adjustment for the historical year 2021. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2023 projected year is 7.40% resulting in a revenue deficiency of $104.8 million. The earned rate of return on common equity for the 2021 historical year was 8.38% resulting in a $15.2 million netting adjustment. The total proposed revenue change for the 2023 projected year and 2021 historical year netting adjustment is $119.9 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 $79.3 million. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of June 30, 2022, Entergy Arkansas had a regulatory asset of $36.6 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2021 Formula Rate Plan Filing In May 2022, Entergy Louisiana filed its formula rate plan evaluation report for its 2021 calendar year operations. The 2021 test year evaluation report produced an earned return on common equity of 8.33%, with a base formula rate plan revenue increase of $65.3 million. Other increases in formula rate plan revenue driven by reductions in Tax Cut and Jobs Act credits and additions to transmission and distribution plant in service reflected through the transmission recovery mechanism and distribution recovery mechanism are partly offset by an increase in net MISO revenues, leading to a net increase in formula rate plan revenue of $152.9 million. 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 $86 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $66.9 million. Subject to refund and LPSC review, the resulting changes will be effective for bills rendered during the first billing cycle of September 2022. 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. 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 June 30, 2022, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2022 Formula Rate Plan Filing In March 2022, Entergy Mississippi submitted its formula rate plan 2022 test year filing and 2021 look-back filing showing Entergy Mississippi’s earned return for the historical 2021 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2022 calendar year to be below the formula rate plan bandwidth. The 2022 test year filing shows a $69 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.70% 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 $48.6 million. The 2021 look-back filing compares actual 2021 results to the approved benchmark return on rate base and reflects the need for a $34.5 million interim increase in formula rate plan revenues. In fourth quarter 2021, Entergy Mississippi recorded a regulatory asset of $19 million to reflect the then-current estimate in connection with the look-back feature of the formula rate plan. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2021 retail revenues, effective in April 2022. In June 2022, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2022 test year filing that resulted in a total rate increase of $48.6 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2021 look-back filing reflected an earned return on rate base of 5.99% in calendar year 2021, which is below the look-back bandwidth, resulting in a $34.3 million increase in the formula rate plan revenues on an interim basis through June 2023. In July 2022 the MPSC approved the joint stipulation with rates effective in August 2022. In July 2022 the MPSC directed Entergy Mississippi to flow $14.1 million of the power management rider over-recovery balance to customers beginning in August 2022 through December 2022 to mitigate the bill impact of the increase in formula rate plan revenues. Sunflower Solar As discussed in the Form 10-K, in April 2020 the MPSC issued an order approving certification of the Sunflower Solar facility and its recovery through the interim capacity rate adjustment mechanism, subject to certain conditions. In July 2022, pursuant to the MPSC’s April 2020 order, Entergy Mississippi submitted a compliance filing to the MPSC with updated calculations of the impact of the Sunflower Solar facility on rate base and revenue requirement for the Sunflower Solar facility and benefits of the tax equity partnership. See Note 14 to the financial statements herein for discussion of Entergy Mississippi’s purchase of the Sunflower Solar facility. 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 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2022, Entergy Mississippi had a regulatory asset of $13.1 million for costs associated with the COVID-19 pandemic. Entergy Mississippi received approval to recover this regulatory asset through its formula rate plan rider over a three-year period beginning August 2022. Filings with the City Council (Entergy New Orleans) Retail Rates 2022 Formula Rate Plan Filing In April 2022, Entergy New Orleans submitted to the City Council its formula rate plan 2021 test year filing. The 2021 test year evaluation report, subsequently updated in a July 2022 filing, produced an earned return on equity of 6.88% compared to the authorized return on equity of 9.35%. Entergy New Orleans seeks approval of a $42.1 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $34.1 million and an increase in authorized gas revenues of $3.3 million. Entergy New Orleans also seeks to commence collecting $4.7 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. In July 2022 the City Council’s advisors issued a report seeking a reduction to Entergy New Orleans’s proposed increase of approximately $17.1 million in total for electric and gas revenues. The parties have a 25-day period to attempt to reach an agreement on the final amount to increase revenues, with implementation of resulting rates effective with the first billing cycle of September 2022 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council will set a procedural schedule that will extend the process for City Council approval of disputed rate adjustments. COVID-19 Orders As discussed in the Form 10-K, in May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2022, Entergy New Orleans had a regulatory asset of $14.5 million for costs associated with the COVID-19 pandemic. As part of its 2022 formula rate plan filing, Entergy New Orleans requested recovery of this regulatory asset over a five-year period beginning September 2022. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case In July 2022, Entergy Texas filed a base rate case with the PUCT seeking an increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase are changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions currently reflected in the distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which would be reset to zero as a result of this proceeding. In July 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. Also in July 2022, the ALJ with the State Office of Administrative Hearings approved a procedural schedule with a hearing on the merits in December 2022. Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, 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. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in December 2021. In December 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, including a motion for interim rates to take effect for usage on and after January 24, 2022. Also, in December 2021, the ALJ with the State Office of Administrative Hearings issued an order granting the motion for interim rates, which went into effect in January 2022, admitting evidence, and remanding the proceeding to the PUCT to consider the settlement. In March 2022 the PUCT issued an order approving the settlement. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2021, 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 $66.1 million annually, or $15.1 million in incremental annual revenues beyond Energy Texas’s currently effective TCRF rider based on its capital invested in transmission between September 1, 2020 and July 31, 2021 and changes in approved transmission charges. In January 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In February 2022 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 2022. In February 2022 the ALJ granted the motion for interim rates, admitted evidence, and remanded the case to the PUCT for consideration of a final order at a future open meeting. In June 2022 the PUCT issued an order approving the settlement. Generation Cost Recovery Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its generation capital investment in the Montgomery County Power Station through August 31, 2020, which was approved by the PUCT on an interim basis in January 2021. In March 2021, Entergy Texas filed to update its generation cost recovery rider to include its generation capital investment in Montgomery County Power Station after August 31, 2020 and an unopposed settlement agreement filed on behalf of the parties by Entergy Texas in October 2021 was approved by the PUCT in January 2022. In February 2022, Entergy Texas filed a relate-back rider to collect over five months an additional approximately $5 million, which is the difference between the interim revenue requirement approved in January 2021 and the revenue requirement approved in January 2022 that reflects Entergy Texas’s full generation capital investment and ownership in Montgomery County Power Station on January 1, 2021, plus carrying costs from January 2021 through January 2022 when the updated revenue requirement took effect. In April 2022, Entergy Texas and PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. In December 2020, Entergy Texas also filed an application to amend its generation cost recovery rider to reflect its acquisition of the Hardin County Peaking Facility, which closed in June 2021. Because Hardin was to be acquired in the future, the initial generation cost recovery rider rates proposed in the application represented no change from the generation cost recovery rider rates established in Entergy Texas’s previous generation cost recovery rider proceeding. In July 2021 the PUCT issued an order approving the application. In August 2021, Entergy Texas filed an update application to recover its actual investment in the acquisition of the Hardin County Peaking Facility. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in April 2022. In January 2022, Entergy Texas filed an update to its application to align the requested revenue requirement with the terms of the generation cost recovery rider settlement approved by the PUCT in January 2022. In March 2022, Entergy Texas filed on behalf of the parties an unopposed motion, which motion was granted by the ALJ with the State Office of Administrative Hearings, to abate the procedural schedule indicating that the parties had reached an agreement in principle. In April 2022, Entergy Texas filed on behalf of the parties a unanimous settlement agreement that would adjust its generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million, which is $4.5 million in incremental annual revenue above the $88.3 million approved in January 2022, related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility. Concurrently with filing of the unanimous settlement agreement, Entergy Texas submitted an agreed motion to admit evidence and remand the case to the PUCT for review and consideration of the settlement agreement, which motion was granted by the ALJ with the State Office of Administrative Hearings. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As of June 30, 2022, Entergy Texas had a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s order denying Entergy Arkansas’s request to recover the costs of the opportunity sales payments made to the other Utility operating companies. In October 2020 the APSC filed a motion to dismiss Entergy Arkansas’s complaint. In March 2022 the court denied the APSC’s motion to dismiss and, in April 2022, issued a scheduling order including a trial date in February 2023. In June 2022, Entergy Arkansas filed a motion asserting that it is entitled to summary judgment because Entergy Arkansas’s position that the APSC’s order is pre-empted by the filed rate doctrine and violates the Dormant Commerce Clause is premised on facts that are not subject to genuine dispute. In July 2022, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a motion to intervene and to hold Entergy Arkansas’s motion for summary judgment in abeyance pending a ruling on the motion to intervene. Entergy Arkansas filed a consolidated opposition to both motions. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. The following are updates to that discussion. See “ System Energy Settlement with the MPSC ” below for discussion of a partial settlement agreement and offer of settlement related to the pending proceedings before the FERC. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $61 million, which includes interest through June 30, 2022, and the estimated resulting annual rate reduction would be approximate ly $50 million. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, APSC, MPSC, City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, APSC, MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million. The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and that System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through June 30, 2022 is approximately $422 million, plus interest, which is approxim ately $139 million through June 30 , 2022. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $19 million, which includes interest through June 30, 2022. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. The case is pending before the FERC, which will review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. Unit Power Sales Agreement Complaint The first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. System Energy agreed that the hearing should be held in abeyance but sought rehearing of the FERC’s decision as related to matters set for hearing that were beyond the scope of the FERC’s jurisdiction or authority. The complainants sought rehearing of the FERC’s decision to hold the hearing in abeyance and filed a motion to proceed, which motion System Energy subsequently opposed. In June 2021, System Energy’s request for rehearing was denied by operation of law, and System Energy filed an appeal of the FERC’s orders in the Court of Appeals for the Fifth Circuit. The appeal was initially stayed for a period of 90 days, but the stay expired. In November 2021 the Fifth Circuit dismissed the appeal as premature. In November 2021 the LPSC, the APSC, and the City Council filed direct testimony and requested the FERC to order refunds for prior periods and prospective amendments to the Unit Power Sales Agreement. The LPSC’s refund claims include, among other things, allegations that: (1) System Energy should not have included certain sale-leaseback transaction costs in prepayments; (2) System Energy should have credited rate base to reflect the time value of money associated with the advance collection of lease payments; (3) System Energy incorrectly included refueling outage costs that were recorded in account 174 in rate base; and (4) System Energy should have excluded several accumulated deferred income tax balances in account 190 from rate base. The LPSC is also seeking a retroactive adjustment to retained earnings and capital structure in conjunction with the implementation of its proposed refunds. In addition, the LPSC seeks amendments to the Unit Power Sales Agreement going forward to address below-the-line costs, incentive compensation, the working capital allowance, litigation expenses, and the 2019 termination of the capital funds agreement. The APSC argues that: (1) System Energy should have included borrowings from the Entergy System money pool in its determination of short-term debt in its cost of capital; and (2) System Energy should credit customers with System Energy’s allocation of earnings on money pool investments. The City Council alleges that System Energy has maintained excess cash on hand in the money pool and that retention of excess cash was imprudent. Based on this allegation, the City Council’s witness recommends a refund of approximately $98.8 million for the period 2004-September 2021 or other alternative relief. The City Council further recommends that the FERC impose a hypothetical equity ratio such as 48.15% equity to capital on a prospective basis. I
Entergy Louisiana [Member]
Rate and Regulatory Matters	NOTE 2. 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. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2022, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.00959 per kWh to $0.01785 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2021, particularly in the fourth quarter 2021. At the request of the APSC general staff, Entergy Arkansas deferred its request for recovery of $32 million from the under-recovery related to the 2021 February winter storms until the 2023 energy cost rate redetermination, unless a request for an interim adjustment to the energy cost recovery rider is necessary. This resulted in a redetermined rate of $0.016390 per kWh, which became effective with the first billing cycle in April 2022 through the normal operation of the tariff. Entergy Louisiana As discussed in the Form 10-K, 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. In April 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s fuel adjustment clause charges in February 2021 that did not recommend any financial disallowances, but included several prospective recommendations. Responsive testimony was filed by one intervenor and the parties agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. In May 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s purchased gas adjustment charges in February 2021 that did not propose any financial disallowances. The LPSC staff and Entergy Louisiana have agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $135 million of fuel expense incurred in April, May, and June 2022 (as reflected on June, July, and August 2022 bills). Deferrals from April and May 2022 are expected to be recovered in the last four months of 2022 and June 2022 deferrals will be included in the over/under calculation of the fuel adjustment clause. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC” below for discussion of the settlement agreement filed with the FERC in June 2022. The settlement, which is contingent upon FERC approval, provides for a refund of $235 million from System Energy to Entergy Mississippi. In July 2022 the MPSC directed the disbursement of settlement proceeds, ordering Entergy Mississippi to provide a one-time $80 bill credit to each of its approximately 460,000 retail customers to be effective during the September 2022 billing cycle, and to apply the remaining proceeds to Entergy Mississippi’s under-recovered deferred fuel balance. Entergy Texas In May 2022, Entergy Texas filed an application with the PUCT to implement an interim fuel surcharge to collect the cumulative under-recovery of approximately $51.7 million, including interest, of fuel and purchased power costs incurred from May 1, 2020 through December 31, 2021. The under-recovery balance is primarily attributable to the impacts of Winter Storm Uri, including historically high natural gas prices, partially offset by settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas proposed that the interim fuel surcharge be assessed over a period of six months beginning with the first billing cycle after the PUCT issues a final order, but no later than the first billing cycle of September 2022. Also in May 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. In July 2022, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding. In addition, Entergy Texas filed on behalf of the parties a motion to admit evidence, to approve interim rates as requested in the initial application, and to remand the proceeding to the PUCT to consider the unopposed settlement. In August 2022 the ALJ with the State Office of Administrative Hearings issued an order granting Entergy Texas’s motion, approving interim rates effective with the first billing cycle of September 2022, and remanding the case to the PUCT for final approval. 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 2022 Formula Rate Plan Filing In July 2022, Entergy Arkansas filed with the APSC its 2022 formula rate plan filing to set its formula rate for the 2023 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2023 and a netting adjustment for the historical year 2021. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2023 projected year is 7.40% resulting in a revenue deficiency of $104.8 million. The earned rate of return on common equity for the 2021 historical year was 8.38% resulting in a $15.2 million netting adjustment. The total proposed revenue change for the 2023 projected year and 2021 historical year netting adjustment is $119.9 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 $79.3 million. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of June 30, 2022, Entergy Arkansas had a regulatory asset of $36.6 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2021 Formula Rate Plan Filing In May 2022, Entergy Louisiana filed its formula rate plan evaluation report for its 2021 calendar year operations. The 2021 test year evaluation report produced an earned return on common equity of 8.33%, with a base formula rate plan revenue increase of $65.3 million. Other increases in formula rate plan revenue driven by reductions in Tax Cut and Jobs Act credits and additions to transmission and distribution plant in service reflected through the transmission recovery mechanism and distribution recovery mechanism are partly offset by an increase in net MISO revenues, leading to a net increase in formula rate plan revenue of $152.9 million. 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 $86 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $66.9 million. Subject to refund and LPSC review, the resulting changes will be effective for bills rendered during the first billing cycle of September 2022. 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. 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 June 30, 2022, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2022 Formula Rate Plan Filing In March 2022, Entergy Mississippi submitted its formula rate plan 2022 test year filing and 2021 look-back filing showing Entergy Mississippi’s earned return for the historical 2021 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2022 calendar year to be below the formula rate plan bandwidth. The 2022 test year filing shows a $69 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.70% 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 $48.6 million. The 2021 look-back filing compares actual 2021 results to the approved benchmark return on rate base and reflects the need for a $34.5 million interim increase in formula rate plan revenues. In fourth quarter 2021, Entergy Mississippi recorded a regulatory asset of $19 million to reflect the then-current estimate in connection with the look-back feature of the formula rate plan. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2021 retail revenues, effective in April 2022. In June 2022, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2022 test year filing that resulted in a total rate increase of $48.6 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2021 look-back filing reflected an earned return on rate base of 5.99% in calendar year 2021, which is below the look-back bandwidth, resulting in a $34.3 million increase in the formula rate plan revenues on an interim basis through June 2023. In July 2022 the MPSC approved the joint stipulation with rates effective in August 2022. In July 2022 the MPSC directed Entergy Mississippi to flow $14.1 million of the power management rider over-recovery balance to customers beginning in August 2022 through December 2022 to mitigate the bill impact of the increase in formula rate plan revenues. Sunflower Solar As discussed in the Form 10-K, in April 2020 the MPSC issued an order approving certification of the Sunflower Solar facility and its recovery through the interim capacity rate adjustment mechanism, subject to certain conditions. In July 2022, pursuant to the MPSC’s April 2020 order, Entergy Mississippi submitted a compliance filing to the MPSC with updated calculations of the impact of the Sunflower Solar facility on rate base and revenue requirement for the Sunflower Solar facility and benefits of the tax equity partnership. See Note 14 to the financial statements herein for discussion of Entergy Mississippi’s purchase of the Sunflower Solar facility. 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 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2022, Entergy Mississippi had a regulatory asset of $13.1 million for costs associated with the COVID-19 pandemic. Entergy Mississippi received approval to recover this regulatory asset through its formula rate plan rider over a three-year period beginning August 2022. Filings with the City Council (Entergy New Orleans) Retail Rates 2022 Formula Rate Plan Filing In April 2022, Entergy New Orleans submitted to the City Council its formula rate plan 2021 test year filing. The 2021 test year evaluation report, subsequently updated in a July 2022 filing, produced an earned return on equity of 6.88% compared to the authorized return on equity of 9.35%. Entergy New Orleans seeks approval of a $42.1 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $34.1 million and an increase in authorized gas revenues of $3.3 million. Entergy New Orleans also seeks to commence collecting $4.7 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. In July 2022 the City Council’s advisors issued a report seeking a reduction to Entergy New Orleans’s proposed increase of approximately $17.1 million in total for electric and gas revenues. The parties have a 25-day period to attempt to reach an agreement on the final amount to increase revenues, with implementation of resulting rates effective with the first billing cycle of September 2022 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council will set a procedural schedule that will extend the process for City Council approval of disputed rate adjustments. COVID-19 Orders As discussed in the Form 10-K, in May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2022, Entergy New Orleans had a regulatory asset of $14.5 million for costs associated with the COVID-19 pandemic. As part of its 2022 formula rate plan filing, Entergy New Orleans requested recovery of this regulatory asset over a five-year period beginning September 2022. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case In July 2022, Entergy Texas filed a base rate case with the PUCT seeking an increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase are changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions currently reflected in the distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which would be reset to zero as a result of this proceeding. In July 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. Also in July 2022, the ALJ with the State Office of Administrative Hearings approved a procedural schedule with a hearing on the merits in December 2022. Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, 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. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in December 2021. In December 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, including a motion for interim rates to take effect for usage on and after January 24, 2022. Also, in December 2021, the ALJ with the State Office of Administrative Hearings issued an order granting the motion for interim rates, which went into effect in January 2022, admitting evidence, and remanding the proceeding to the PUCT to consider the settlement. In March 2022 the PUCT issued an order approving the settlement. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2021, 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 $66.1 million annually, or $15.1 million in incremental annual revenues beyond Energy Texas’s currently effective TCRF rider based on its capital invested in transmission between September 1, 2020 and July 31, 2021 and changes in approved transmission charges. In January 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In February 2022 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 2022. In February 2022 the ALJ granted the motion for interim rates, admitted evidence, and remanded the case to the PUCT for consideration of a final order at a future open meeting. In June 2022 the PUCT issued an order approving the settlement. Generation Cost Recovery Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its generation capital investment in the Montgomery County Power Station through August 31, 2020, which was approved by the PUCT on an interim basis in January 2021. In March 2021, Entergy Texas filed to update its generation cost recovery rider to include its generation capital investment in Montgomery County Power Station after August 31, 2020 and an unopposed settlement agreement filed on behalf of the parties by Entergy Texas in October 2021 was approved by the PUCT in January 2022. In February 2022, Entergy Texas filed a relate-back rider to collect over five months an additional approximately $5 million, which is the difference between the interim revenue requirement approved in January 2021 and the revenue requirement approved in January 2022 that reflects Entergy Texas’s full generation capital investment and ownership in Montgomery County Power Station on January 1, 2021, plus carrying costs from January 2021 through January 2022 when the updated revenue requirement took effect. In April 2022, Entergy Texas and PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. In December 2020, Entergy Texas also filed an application to amend its generation cost recovery rider to reflect its acquisition of the Hardin County Peaking Facility, which closed in June 2021. Because Hardin was to be acquired in the future, the initial generation cost recovery rider rates proposed in the application represented no change from the generation cost recovery rider rates established in Entergy Texas’s previous generation cost recovery rider proceeding. In July 2021 the PUCT issued an order approving the application. In August 2021, Entergy Texas filed an update application to recover its actual investment in the acquisition of the Hardin County Peaking Facility. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in April 2022. In January 2022, Entergy Texas filed an update to its application to align the requested revenue requirement with the terms of the generation cost recovery rider settlement approved by the PUCT in January 2022. In March 2022, Entergy Texas filed on behalf of the parties an unopposed motion, which motion was granted by the ALJ with the State Office of Administrative Hearings, to abate the procedural schedule indicating that the parties had reached an agreement in principle. In April 2022, Entergy Texas filed on behalf of the parties a unanimous settlement agreement that would adjust its generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million, which is $4.5 million in incremental annual revenue above the $88.3 million approved in January 2022, related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility. Concurrently with filing of the unanimous settlement agreement, Entergy Texas submitted an agreed motion to admit evidence and remand the case to the PUCT for review and consideration of the settlement agreement, which motion was granted by the ALJ with the State Office of Administrative Hearings. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As of June 30, 2022, Entergy Texas had a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s order denying Entergy Arkansas’s request to recover the costs of the opportunity sales payments made to the other Utility operating companies. In October 2020 the APSC filed a motion to dismiss Entergy Arkansas’s complaint. In March 2022 the court denied the APSC’s motion to dismiss and, in April 2022, issued a scheduling order including a trial date in February 2023. In June 2022, Entergy Arkansas filed a motion asserting that it is entitled to summary judgment because Entergy Arkansas’s position that the APSC’s order is pre-empted by the filed rate doctrine and violates the Dormant Commerce Clause is premised on facts that are not subject to genuine dispute. In July 2022, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a motion to intervene and to hold Entergy Arkansas’s motion for summary judgment in abeyance pending a ruling on the motion to intervene. Entergy Arkansas filed a consolidated opposition to both motions. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. The following are updates to that discussion. See “ System Energy Settlement with the MPSC ” below for discussion of a partial settlement agreement and offer of settlement related to the pending proceedings before the FERC. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $61 million, which includes interest through June 30, 2022, and the estimated resulting annual rate reduction would be approximate ly $50 million. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, APSC, MPSC, City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, APSC, MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million. The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and that System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through June 30, 2022 is approximately $422 million, plus interest, which is approxim ately $139 million through June 30 , 2022. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $19 million, which includes interest through June 30, 2022. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. The case is pending before the FERC, which will review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. Unit Power Sales Agreement Complaint The first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. System Energy agreed that the hearing should be held in abeyance but sought rehearing of the FERC’s decision as related to matters set for hearing that were beyond the scope of the FERC’s jurisdiction or authority. The complainants sought rehearing of the FERC’s decision to hold the hearing in abeyance and filed a motion to proceed, which motion System Energy subsequently opposed. In June 2021, System Energy’s request for rehearing was denied by operation of law, and System Energy filed an appeal of the FERC’s orders in the Court of Appeals for the Fifth Circuit. The appeal was initially stayed for a period of 90 days, but the stay expired. In November 2021 the Fifth Circuit dismissed the appeal as premature. In November 2021 the LPSC, the APSC, and the City Council filed direct testimony and requested the FERC to order refunds for prior periods and prospective amendments to the Unit Power Sales Agreement. The LPSC’s refund claims include, among other things, allegations that: (1) System Energy should not have included certain sale-leaseback transaction costs in prepayments; (2) System Energy should have credited rate base to reflect the time value of money associated with the advance collection of lease payments; (3) System Energy incorrectly included refueling outage costs that were recorded in account 174 in rate base; and (4) System Energy should have excluded several accumulated deferred income tax balances in account 190 from rate base. The LPSC is also seeking a retroactive adjustment to retained earnings and capital structure in conjunction with the implementation of its proposed refunds. In addition, the LPSC seeks amendments to the Unit Power Sales Agreement going forward to address below-the-line costs, incentive compensation, the working capital allowance, litigation expenses, and the 2019 termination of the capital funds agreement. The APSC argues that: (1) System Energy should have included borrowings from the Entergy System money pool in its determination of short-term debt in its cost of capital; and (2) System Energy should credit customers with System Energy’s allocation of earnings on money pool investments. The City Council alleges that System Energy has maintained excess cash on hand in the money pool and that retention of excess cash was imprudent. Based on this allegation, the City Council’s witness recommends a refund of approximately $98.8 million for the period 2004-September 2021 or other alternative relief. The City Council further recommends that the FERC impose a hypothetical equity ratio such as 48.15% equity to capital on a prospective basis. I
Entergy Mississippi [Member]
Rate and Regulatory Matters	NOTE 2. 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. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2022, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.00959 per kWh to $0.01785 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2021, particularly in the fourth quarter 2021. At the request of the APSC general staff, Entergy Arkansas deferred its request for recovery of $32 million from the under-recovery related to the 2021 February winter storms until the 2023 energy cost rate redetermination, unless a request for an interim adjustment to the energy cost recovery rider is necessary. This resulted in a redetermined rate of $0.016390 per kWh, which became effective with the first billing cycle in April 2022 through the normal operation of the tariff. Entergy Louisiana As discussed in the Form 10-K, 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. In April 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s fuel adjustment clause charges in February 2021 that did not recommend any financial disallowances, but included several prospective recommendations. Responsive testimony was filed by one intervenor and the parties agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. In May 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s purchased gas adjustment charges in February 2021 that did not propose any financial disallowances. The LPSC staff and Entergy Louisiana have agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $135 million of fuel expense incurred in April, May, and June 2022 (as reflected on June, July, and August 2022 bills). Deferrals from April and May 2022 are expected to be recovered in the last four months of 2022 and June 2022 deferrals will be included in the over/under calculation of the fuel adjustment clause. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC” below for discussion of the settlement agreement filed with the FERC in June 2022. The settlement, which is contingent upon FERC approval, provides for a refund of $235 million from System Energy to Entergy Mississippi. In July 2022 the MPSC directed the disbursement of settlement proceeds, ordering Entergy Mississippi to provide a one-time $80 bill credit to each of its approximately 460,000 retail customers to be effective during the September 2022 billing cycle, and to apply the remaining proceeds to Entergy Mississippi’s under-recovered deferred fuel balance. Entergy Texas In May 2022, Entergy Texas filed an application with the PUCT to implement an interim fuel surcharge to collect the cumulative under-recovery of approximately $51.7 million, including interest, of fuel and purchased power costs incurred from May 1, 2020 through December 31, 2021. The under-recovery balance is primarily attributable to the impacts of Winter Storm Uri, including historically high natural gas prices, partially offset by settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas proposed that the interim fuel surcharge be assessed over a period of six months beginning with the first billing cycle after the PUCT issues a final order, but no later than the first billing cycle of September 2022. Also in May 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. In July 2022, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding. In addition, Entergy Texas filed on behalf of the parties a motion to admit evidence, to approve interim rates as requested in the initial application, and to remand the proceeding to the PUCT to consider the unopposed settlement. In August 2022 the ALJ with the State Office of Administrative Hearings issued an order granting Entergy Texas’s motion, approving interim rates effective with the first billing cycle of September 2022, and remanding the case to the PUCT for final approval. 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 2022 Formula Rate Plan Filing In July 2022, Entergy Arkansas filed with the APSC its 2022 formula rate plan filing to set its formula rate for the 2023 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2023 and a netting adjustment for the historical year 2021. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2023 projected year is 7.40% resulting in a revenue deficiency of $104.8 million. The earned rate of return on common equity for the 2021 historical year was 8.38% resulting in a $15.2 million netting adjustment. The total proposed revenue change for the 2023 projected year and 2021 historical year netting adjustment is $119.9 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 $79.3 million. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of June 30, 2022, Entergy Arkansas had a regulatory asset of $36.6 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2021 Formula Rate Plan Filing In May 2022, Entergy Louisiana filed its formula rate plan evaluation report for its 2021 calendar year operations. The 2021 test year evaluation report produced an earned return on common equity of 8.33%, with a base formula rate plan revenue increase of $65.3 million. Other increases in formula rate plan revenue driven by reductions in Tax Cut and Jobs Act credits and additions to transmission and distribution plant in service reflected through the transmission recovery mechanism and distribution recovery mechanism are partly offset by an increase in net MISO revenues, leading to a net increase in formula rate plan revenue of $152.9 million. 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 $86 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $66.9 million. Subject to refund and LPSC review, the resulting changes will be effective for bills rendered during the first billing cycle of September 2022. 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. 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 June 30, 2022, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2022 Formula Rate Plan Filing In March 2022, Entergy Mississippi submitted its formula rate plan 2022 test year filing and 2021 look-back filing showing Entergy Mississippi’s earned return for the historical 2021 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2022 calendar year to be below the formula rate plan bandwidth. The 2022 test year filing shows a $69 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.70% 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 $48.6 million. The 2021 look-back filing compares actual 2021 results to the approved benchmark return on rate base and reflects the need for a $34.5 million interim increase in formula rate plan revenues. In fourth quarter 2021, Entergy Mississippi recorded a regulatory asset of $19 million to reflect the then-current estimate in connection with the look-back feature of the formula rate plan. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2021 retail revenues, effective in April 2022. In June 2022, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2022 test year filing that resulted in a total rate increase of $48.6 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2021 look-back filing reflected an earned return on rate base of 5.99% in calendar year 2021, which is below the look-back bandwidth, resulting in a $34.3 million increase in the formula rate plan revenues on an interim basis through June 2023. In July 2022 the MPSC approved the joint stipulation with rates effective in August 2022. In July 2022 the MPSC directed Entergy Mississippi to flow $14.1 million of the power management rider over-recovery balance to customers beginning in August 2022 through December 2022 to mitigate the bill impact of the increase in formula rate plan revenues. Sunflower Solar As discussed in the Form 10-K, in April 2020 the MPSC issued an order approving certification of the Sunflower Solar facility and its recovery through the interim capacity rate adjustment mechanism, subject to certain conditions. In July 2022, pursuant to the MPSC’s April 2020 order, Entergy Mississippi submitted a compliance filing to the MPSC with updated calculations of the impact of the Sunflower Solar facility on rate base and revenue requirement for the Sunflower Solar facility and benefits of the tax equity partnership. See Note 14 to the financial statements herein for discussion of Entergy Mississippi’s purchase of the Sunflower Solar facility. 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 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2022, Entergy Mississippi had a regulatory asset of $13.1 million for costs associated with the COVID-19 pandemic. Entergy Mississippi received approval to recover this regulatory asset through its formula rate plan rider over a three-year period beginning August 2022. Filings with the City Council (Entergy New Orleans) Retail Rates 2022 Formula Rate Plan Filing In April 2022, Entergy New Orleans submitted to the City Council its formula rate plan 2021 test year filing. The 2021 test year evaluation report, subsequently updated in a July 2022 filing, produced an earned return on equity of 6.88% compared to the authorized return on equity of 9.35%. Entergy New Orleans seeks approval of a $42.1 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $34.1 million and an increase in authorized gas revenues of $3.3 million. Entergy New Orleans also seeks to commence collecting $4.7 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. In July 2022 the City Council’s advisors issued a report seeking a reduction to Entergy New Orleans’s proposed increase of approximately $17.1 million in total for electric and gas revenues. The parties have a 25-day period to attempt to reach an agreement on the final amount to increase revenues, with implementation of resulting rates effective with the first billing cycle of September 2022 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council will set a procedural schedule that will extend the process for City Council approval of disputed rate adjustments. COVID-19 Orders As discussed in the Form 10-K, in May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2022, Entergy New Orleans had a regulatory asset of $14.5 million for costs associated with the COVID-19 pandemic. As part of its 2022 formula rate plan filing, Entergy New Orleans requested recovery of this regulatory asset over a five-year period beginning September 2022. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case In July 2022, Entergy Texas filed a base rate case with the PUCT seeking an increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase are changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions currently reflected in the distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which would be reset to zero as a result of this proceeding. In July 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. Also in July 2022, the ALJ with the State Office of Administrative Hearings approved a procedural schedule with a hearing on the merits in December 2022. Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, 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. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in December 2021. In December 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, including a motion for interim rates to take effect for usage on and after January 24, 2022. Also, in December 2021, the ALJ with the State Office of Administrative Hearings issued an order granting the motion for interim rates, which went into effect in January 2022, admitting evidence, and remanding the proceeding to the PUCT to consider the settlement. In March 2022 the PUCT issued an order approving the settlement. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2021, 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 $66.1 million annually, or $15.1 million in incremental annual revenues beyond Energy Texas’s currently effective TCRF rider based on its capital invested in transmission between September 1, 2020 and July 31, 2021 and changes in approved transmission charges. In January 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In February 2022 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 2022. In February 2022 the ALJ granted the motion for interim rates, admitted evidence, and remanded the case to the PUCT for consideration of a final order at a future open meeting. In June 2022 the PUCT issued an order approving the settlement. Generation Cost Recovery Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its generation capital investment in the Montgomery County Power Station through August 31, 2020, which was approved by the PUCT on an interim basis in January 2021. In March 2021, Entergy Texas filed to update its generation cost recovery rider to include its generation capital investment in Montgomery County Power Station after August 31, 2020 and an unopposed settlement agreement filed on behalf of the parties by Entergy Texas in October 2021 was approved by the PUCT in January 2022. In February 2022, Entergy Texas filed a relate-back rider to collect over five months an additional approximately $5 million, which is the difference between the interim revenue requirement approved in January 2021 and the revenue requirement approved in January 2022 that reflects Entergy Texas’s full generation capital investment and ownership in Montgomery County Power Station on January 1, 2021, plus carrying costs from January 2021 through January 2022 when the updated revenue requirement took effect. In April 2022, Entergy Texas and PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. In December 2020, Entergy Texas also filed an application to amend its generation cost recovery rider to reflect its acquisition of the Hardin County Peaking Facility, which closed in June 2021. Because Hardin was to be acquired in the future, the initial generation cost recovery rider rates proposed in the application represented no change from the generation cost recovery rider rates established in Entergy Texas’s previous generation cost recovery rider proceeding. In July 2021 the PUCT issued an order approving the application. In August 2021, Entergy Texas filed an update application to recover its actual investment in the acquisition of the Hardin County Peaking Facility. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in April 2022. In January 2022, Entergy Texas filed an update to its application to align the requested revenue requirement with the terms of the generation cost recovery rider settlement approved by the PUCT in January 2022. In March 2022, Entergy Texas filed on behalf of the parties an unopposed motion, which motion was granted by the ALJ with the State Office of Administrative Hearings, to abate the procedural schedule indicating that the parties had reached an agreement in principle. In April 2022, Entergy Texas filed on behalf of the parties a unanimous settlement agreement that would adjust its generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million, which is $4.5 million in incremental annual revenue above the $88.3 million approved in January 2022, related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility. Concurrently with filing of the unanimous settlement agreement, Entergy Texas submitted an agreed motion to admit evidence and remand the case to the PUCT for review and consideration of the settlement agreement, which motion was granted by the ALJ with the State Office of Administrative Hearings. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As of June 30, 2022, Entergy Texas had a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s order denying Entergy Arkansas’s request to recover the costs of the opportunity sales payments made to the other Utility operating companies. In October 2020 the APSC filed a motion to dismiss Entergy Arkansas’s complaint. In March 2022 the court denied the APSC’s motion to dismiss and, in April 2022, issued a scheduling order including a trial date in February 2023. In June 2022, Entergy Arkansas filed a motion asserting that it is entitled to summary judgment because Entergy Arkansas’s position that the APSC’s order is pre-empted by the filed rate doctrine and violates the Dormant Commerce Clause is premised on facts that are not subject to genuine dispute. In July 2022, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a motion to intervene and to hold Entergy Arkansas’s motion for summary judgment in abeyance pending a ruling on the motion to intervene. Entergy Arkansas filed a consolidated opposition to both motions. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. The following are updates to that discussion. See “ System Energy Settlement with the MPSC ” below for discussion of a partial settlement agreement and offer of settlement related to the pending proceedings before the FERC. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $61 million, which includes interest through June 30, 2022, and the estimated resulting annual rate reduction would be approximate ly $50 million. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, APSC, MPSC, City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, APSC, MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million. The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and that System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through June 30, 2022 is approximately $422 million, plus interest, which is approxim ately $139 million through June 30 , 2022. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $19 million, which includes interest through June 30, 2022. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. The case is pending before the FERC, which will review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. Unit Power Sales Agreement Complaint The first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. System Energy agreed that the hearing should be held in abeyance but sought rehearing of the FERC’s decision as related to matters set for hearing that were beyond the scope of the FERC’s jurisdiction or authority. The complainants sought rehearing of the FERC’s decision to hold the hearing in abeyance and filed a motion to proceed, which motion System Energy subsequently opposed. In June 2021, System Energy’s request for rehearing was denied by operation of law, and System Energy filed an appeal of the FERC’s orders in the Court of Appeals for the Fifth Circuit. The appeal was initially stayed for a period of 90 days, but the stay expired. In November 2021 the Fifth Circuit dismissed the appeal as premature. In November 2021 the LPSC, the APSC, and the City Council filed direct testimony and requested the FERC to order refunds for prior periods and prospective amendments to the Unit Power Sales Agreement. The LPSC’s refund claims include, among other things, allegations that: (1) System Energy should not have included certain sale-leaseback transaction costs in prepayments; (2) System Energy should have credited rate base to reflect the time value of money associated with the advance collection of lease payments; (3) System Energy incorrectly included refueling outage costs that were recorded in account 174 in rate base; and (4) System Energy should have excluded several accumulated deferred income tax balances in account 190 from rate base. The LPSC is also seeking a retroactive adjustment to retained earnings and capital structure in conjunction with the implementation of its proposed refunds. In addition, the LPSC seeks amendments to the Unit Power Sales Agreement going forward to address below-the-line costs, incentive compensation, the working capital allowance, litigation expenses, and the 2019 termination of the capital funds agreement. The APSC argues that: (1) System Energy should have included borrowings from the Entergy System money pool in its determination of short-term debt in its cost of capital; and (2) System Energy should credit customers with System Energy’s allocation of earnings on money pool investments. The City Council alleges that System Energy has maintained excess cash on hand in the money pool and that retention of excess cash was imprudent. Based on this allegation, the City Council’s witness recommends a refund of approximately $98.8 million for the period 2004-September 2021 or other alternative relief. The City Council further recommends that the FERC impose a hypothetical equity ratio such as 48.15% equity to capital on a prospective basis. I
Entergy New Orleans [Member]
Rate and Regulatory Matters	NOTE 2. 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. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2022, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.00959 per kWh to $0.01785 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2021, particularly in the fourth quarter 2021. At the request of the APSC general staff, Entergy Arkansas deferred its request for recovery of $32 million from the under-recovery related to the 2021 February winter storms until the 2023 energy cost rate redetermination, unless a request for an interim adjustment to the energy cost recovery rider is necessary. This resulted in a redetermined rate of $0.016390 per kWh, which became effective with the first billing cycle in April 2022 through the normal operation of the tariff. Entergy Louisiana As discussed in the Form 10-K, 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. In April 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s fuel adjustment clause charges in February 2021 that did not recommend any financial disallowances, but included several prospective recommendations. Responsive testimony was filed by one intervenor and the parties agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. In May 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s purchased gas adjustment charges in February 2021 that did not propose any financial disallowances. The LPSC staff and Entergy Louisiana have agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $135 million of fuel expense incurred in April, May, and June 2022 (as reflected on June, July, and August 2022 bills). Deferrals from April and May 2022 are expected to be recovered in the last four months of 2022 and June 2022 deferrals will be included in the over/under calculation of the fuel adjustment clause. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC” below for discussion of the settlement agreement filed with the FERC in June 2022. The settlement, which is contingent upon FERC approval, provides for a refund of $235 million from System Energy to Entergy Mississippi. In July 2022 the MPSC directed the disbursement of settlement proceeds, ordering Entergy Mississippi to provide a one-time $80 bill credit to each of its approximately 460,000 retail customers to be effective during the September 2022 billing cycle, and to apply the remaining proceeds to Entergy Mississippi’s under-recovered deferred fuel balance. Entergy Texas In May 2022, Entergy Texas filed an application with the PUCT to implement an interim fuel surcharge to collect the cumulative under-recovery of approximately $51.7 million, including interest, of fuel and purchased power costs incurred from May 1, 2020 through December 31, 2021. The under-recovery balance is primarily attributable to the impacts of Winter Storm Uri, including historically high natural gas prices, partially offset by settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas proposed that the interim fuel surcharge be assessed over a period of six months beginning with the first billing cycle after the PUCT issues a final order, but no later than the first billing cycle of September 2022. Also in May 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. In July 2022, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding. In addition, Entergy Texas filed on behalf of the parties a motion to admit evidence, to approve interim rates as requested in the initial application, and to remand the proceeding to the PUCT to consider the unopposed settlement. In August 2022 the ALJ with the State Office of Administrative Hearings issued an order granting Entergy Texas’s motion, approving interim rates effective with the first billing cycle of September 2022, and remanding the case to the PUCT for final approval. 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 2022 Formula Rate Plan Filing In July 2022, Entergy Arkansas filed with the APSC its 2022 formula rate plan filing to set its formula rate for the 2023 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2023 and a netting adjustment for the historical year 2021. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2023 projected year is 7.40% resulting in a revenue deficiency of $104.8 million. The earned rate of return on common equity for the 2021 historical year was 8.38% resulting in a $15.2 million netting adjustment. The total proposed revenue change for the 2023 projected year and 2021 historical year netting adjustment is $119.9 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 $79.3 million. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of June 30, 2022, Entergy Arkansas had a regulatory asset of $36.6 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2021 Formula Rate Plan Filing In May 2022, Entergy Louisiana filed its formula rate plan evaluation report for its 2021 calendar year operations. The 2021 test year evaluation report produced an earned return on common equity of 8.33%, with a base formula rate plan revenue increase of $65.3 million. Other increases in formula rate plan revenue driven by reductions in Tax Cut and Jobs Act credits and additions to transmission and distribution plant in service reflected through the transmission recovery mechanism and distribution recovery mechanism are partly offset by an increase in net MISO revenues, leading to a net increase in formula rate plan revenue of $152.9 million. 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 $86 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $66.9 million. Subject to refund and LPSC review, the resulting changes will be effective for bills rendered during the first billing cycle of September 2022. 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. 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 June 30, 2022, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2022 Formula Rate Plan Filing In March 2022, Entergy Mississippi submitted its formula rate plan 2022 test year filing and 2021 look-back filing showing Entergy Mississippi’s earned return for the historical 2021 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2022 calendar year to be below the formula rate plan bandwidth. The 2022 test year filing shows a $69 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.70% 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 $48.6 million. The 2021 look-back filing compares actual 2021 results to the approved benchmark return on rate base and reflects the need for a $34.5 million interim increase in formula rate plan revenues. In fourth quarter 2021, Entergy Mississippi recorded a regulatory asset of $19 million to reflect the then-current estimate in connection with the look-back feature of the formula rate plan. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2021 retail revenues, effective in April 2022. In June 2022, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2022 test year filing that resulted in a total rate increase of $48.6 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2021 look-back filing reflected an earned return on rate base of 5.99% in calendar year 2021, which is below the look-back bandwidth, resulting in a $34.3 million increase in the formula rate plan revenues on an interim basis through June 2023. In July 2022 the MPSC approved the joint stipulation with rates effective in August 2022. In July 2022 the MPSC directed Entergy Mississippi to flow $14.1 million of the power management rider over-recovery balance to customers beginning in August 2022 through December 2022 to mitigate the bill impact of the increase in formula rate plan revenues. Sunflower Solar As discussed in the Form 10-K, in April 2020 the MPSC issued an order approving certification of the Sunflower Solar facility and its recovery through the interim capacity rate adjustment mechanism, subject to certain conditions. In July 2022, pursuant to the MPSC’s April 2020 order, Entergy Mississippi submitted a compliance filing to the MPSC with updated calculations of the impact of the Sunflower Solar facility on rate base and revenue requirement for the Sunflower Solar facility and benefits of the tax equity partnership. See Note 14 to the financial statements herein for discussion of Entergy Mississippi’s purchase of the Sunflower Solar facility. 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 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2022, Entergy Mississippi had a regulatory asset of $13.1 million for costs associated with the COVID-19 pandemic. Entergy Mississippi received approval to recover this regulatory asset through its formula rate plan rider over a three-year period beginning August 2022. Filings with the City Council (Entergy New Orleans) Retail Rates 2022 Formula Rate Plan Filing In April 2022, Entergy New Orleans submitted to the City Council its formula rate plan 2021 test year filing. The 2021 test year evaluation report, subsequently updated in a July 2022 filing, produced an earned return on equity of 6.88% compared to the authorized return on equity of 9.35%. Entergy New Orleans seeks approval of a $42.1 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $34.1 million and an increase in authorized gas revenues of $3.3 million. Entergy New Orleans also seeks to commence collecting $4.7 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. In July 2022 the City Council’s advisors issued a report seeking a reduction to Entergy New Orleans’s proposed increase of approximately $17.1 million in total for electric and gas revenues. The parties have a 25-day period to attempt to reach an agreement on the final amount to increase revenues, with implementation of resulting rates effective with the first billing cycle of September 2022 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council will set a procedural schedule that will extend the process for City Council approval of disputed rate adjustments. COVID-19 Orders As discussed in the Form 10-K, in May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2022, Entergy New Orleans had a regulatory asset of $14.5 million for costs associated with the COVID-19 pandemic. As part of its 2022 formula rate plan filing, Entergy New Orleans requested recovery of this regulatory asset over a five-year period beginning September 2022. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case In July 2022, Entergy Texas filed a base rate case with the PUCT seeking an increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase are changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions currently reflected in the distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which would be reset to zero as a result of this proceeding. In July 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. Also in July 2022, the ALJ with the State Office of Administrative Hearings approved a procedural schedule with a hearing on the merits in December 2022. Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, 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. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in December 2021. In December 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, including a motion for interim rates to take effect for usage on and after January 24, 2022. Also, in December 2021, the ALJ with the State Office of Administrative Hearings issued an order granting the motion for interim rates, which went into effect in January 2022, admitting evidence, and remanding the proceeding to the PUCT to consider the settlement. In March 2022 the PUCT issued an order approving the settlement. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2021, 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 $66.1 million annually, or $15.1 million in incremental annual revenues beyond Energy Texas’s currently effective TCRF rider based on its capital invested in transmission between September 1, 2020 and July 31, 2021 and changes in approved transmission charges. In January 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In February 2022 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 2022. In February 2022 the ALJ granted the motion for interim rates, admitted evidence, and remanded the case to the PUCT for consideration of a final order at a future open meeting. In June 2022 the PUCT issued an order approving the settlement. Generation Cost Recovery Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its generation capital investment in the Montgomery County Power Station through August 31, 2020, which was approved by the PUCT on an interim basis in January 2021. In March 2021, Entergy Texas filed to update its generation cost recovery rider to include its generation capital investment in Montgomery County Power Station after August 31, 2020 and an unopposed settlement agreement filed on behalf of the parties by Entergy Texas in October 2021 was approved by the PUCT in January 2022. In February 2022, Entergy Texas filed a relate-back rider to collect over five months an additional approximately $5 million, which is the difference between the interim revenue requirement approved in January 2021 and the revenue requirement approved in January 2022 that reflects Entergy Texas’s full generation capital investment and ownership in Montgomery County Power Station on January 1, 2021, plus carrying costs from January 2021 through January 2022 when the updated revenue requirement took effect. In April 2022, Entergy Texas and PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. In December 2020, Entergy Texas also filed an application to amend its generation cost recovery rider to reflect its acquisition of the Hardin County Peaking Facility, which closed in June 2021. Because Hardin was to be acquired in the future, the initial generation cost recovery rider rates proposed in the application represented no change from the generation cost recovery rider rates established in Entergy Texas’s previous generation cost recovery rider proceeding. In July 2021 the PUCT issued an order approving the application. In August 2021, Entergy Texas filed an update application to recover its actual investment in the acquisition of the Hardin County Peaking Facility. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in April 2022. In January 2022, Entergy Texas filed an update to its application to align the requested revenue requirement with the terms of the generation cost recovery rider settlement approved by the PUCT in January 2022. In March 2022, Entergy Texas filed on behalf of the parties an unopposed motion, which motion was granted by the ALJ with the State Office of Administrative Hearings, to abate the procedural schedule indicating that the parties had reached an agreement in principle. In April 2022, Entergy Texas filed on behalf of the parties a unanimous settlement agreement that would adjust its generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million, which is $4.5 million in incremental annual revenue above the $88.3 million approved in January 2022, related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility. Concurrently with filing of the unanimous settlement agreement, Entergy Texas submitted an agreed motion to admit evidence and remand the case to the PUCT for review and consideration of the settlement agreement, which motion was granted by the ALJ with the State Office of Administrative Hearings. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As of June 30, 2022, Entergy Texas had a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s order denying Entergy Arkansas’s request to recover the costs of the opportunity sales payments made to the other Utility operating companies. In October 2020 the APSC filed a motion to dismiss Entergy Arkansas’s complaint. In March 2022 the court denied the APSC’s motion to dismiss and, in April 2022, issued a scheduling order including a trial date in February 2023. In June 2022, Entergy Arkansas filed a motion asserting that it is entitled to summary judgment because Entergy Arkansas’s position that the APSC’s order is pre-empted by the filed rate doctrine and violates the Dormant Commerce Clause is premised on facts that are not subject to genuine dispute. In July 2022, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a motion to intervene and to hold Entergy Arkansas’s motion for summary judgment in abeyance pending a ruling on the motion to intervene. Entergy Arkansas filed a consolidated opposition to both motions. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. The following are updates to that discussion. See “ System Energy Settlement with the MPSC ” below for discussion of a partial settlement agreement and offer of settlement related to the pending proceedings before the FERC. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $61 million, which includes interest through June 30, 2022, and the estimated resulting annual rate reduction would be approximate ly $50 million. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, APSC, MPSC, City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, APSC, MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million. The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and that System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through June 30, 2022 is approximately $422 million, plus interest, which is approxim ately $139 million through June 30 , 2022. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $19 million, which includes interest through June 30, 2022. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. The case is pending before the FERC, which will review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. Unit Power Sales Agreement Complaint The first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. System Energy agreed that the hearing should be held in abeyance but sought rehearing of the FERC’s decision as related to matters set for hearing that were beyond the scope of the FERC’s jurisdiction or authority. The complainants sought rehearing of the FERC’s decision to hold the hearing in abeyance and filed a motion to proceed, which motion System Energy subsequently opposed. In June 2021, System Energy’s request for rehearing was denied by operation of law, and System Energy filed an appeal of the FERC’s orders in the Court of Appeals for the Fifth Circuit. The appeal was initially stayed for a period of 90 days, but the stay expired. In November 2021 the Fifth Circuit dismissed the appeal as premature. In November 2021 the LPSC, the APSC, and the City Council filed direct testimony and requested the FERC to order refunds for prior periods and prospective amendments to the Unit Power Sales Agreement. The LPSC’s refund claims include, among other things, allegations that: (1) System Energy should not have included certain sale-leaseback transaction costs in prepayments; (2) System Energy should have credited rate base to reflect the time value of money associated with the advance collection of lease payments; (3) System Energy incorrectly included refueling outage costs that were recorded in account 174 in rate base; and (4) System Energy should have excluded several accumulated deferred income tax balances in account 190 from rate base. The LPSC is also seeking a retroactive adjustment to retained earnings and capital structure in conjunction with the implementation of its proposed refunds. In addition, the LPSC seeks amendments to the Unit Power Sales Agreement going forward to address below-the-line costs, incentive compensation, the working capital allowance, litigation expenses, and the 2019 termination of the capital funds agreement. The APSC argues that: (1) System Energy should have included borrowings from the Entergy System money pool in its determination of short-term debt in its cost of capital; and (2) System Energy should credit customers with System Energy’s allocation of earnings on money pool investments. The City Council alleges that System Energy has maintained excess cash on hand in the money pool and that retention of excess cash was imprudent. Based on this allegation, the City Council’s witness recommends a refund of approximately $98.8 million for the period 2004-September 2021 or other alternative relief. The City Council further recommends that the FERC impose a hypothetical equity ratio such as 48.15% equity to capital on a prospective basis. I
Entergy Texas [Member]
Rate and Regulatory Matters	NOTE 2. 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. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2022, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.00959 per kWh to $0.01785 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2021, particularly in the fourth quarter 2021. At the request of the APSC general staff, Entergy Arkansas deferred its request for recovery of $32 million from the under-recovery related to the 2021 February winter storms until the 2023 energy cost rate redetermination, unless a request for an interim adjustment to the energy cost recovery rider is necessary. This resulted in a redetermined rate of $0.016390 per kWh, which became effective with the first billing cycle in April 2022 through the normal operation of the tariff. Entergy Louisiana As discussed in the Form 10-K, 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. In April 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s fuel adjustment clause charges in February 2021 that did not recommend any financial disallowances, but included several prospective recommendations. Responsive testimony was filed by one intervenor and the parties agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. In May 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s purchased gas adjustment charges in February 2021 that did not propose any financial disallowances. The LPSC staff and Entergy Louisiana have agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $135 million of fuel expense incurred in April, May, and June 2022 (as reflected on June, July, and August 2022 bills). Deferrals from April and May 2022 are expected to be recovered in the last four months of 2022 and June 2022 deferrals will be included in the over/under calculation of the fuel adjustment clause. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC” below for discussion of the settlement agreement filed with the FERC in June 2022. The settlement, which is contingent upon FERC approval, provides for a refund of $235 million from System Energy to Entergy Mississippi. In July 2022 the MPSC directed the disbursement of settlement proceeds, ordering Entergy Mississippi to provide a one-time $80 bill credit to each of its approximately 460,000 retail customers to be effective during the September 2022 billing cycle, and to apply the remaining proceeds to Entergy Mississippi’s under-recovered deferred fuel balance. Entergy Texas In May 2022, Entergy Texas filed an application with the PUCT to implement an interim fuel surcharge to collect the cumulative under-recovery of approximately $51.7 million, including interest, of fuel and purchased power costs incurred from May 1, 2020 through December 31, 2021. The under-recovery balance is primarily attributable to the impacts of Winter Storm Uri, including historically high natural gas prices, partially offset by settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas proposed that the interim fuel surcharge be assessed over a period of six months beginning with the first billing cycle after the PUCT issues a final order, but no later than the first billing cycle of September 2022. Also in May 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. In July 2022, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding. In addition, Entergy Texas filed on behalf of the parties a motion to admit evidence, to approve interim rates as requested in the initial application, and to remand the proceeding to the PUCT to consider the unopposed settlement. In August 2022 the ALJ with the State Office of Administrative Hearings issued an order granting Entergy Texas’s motion, approving interim rates effective with the first billing cycle of September 2022, and remanding the case to the PUCT for final approval. 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 2022 Formula Rate Plan Filing In July 2022, Entergy Arkansas filed with the APSC its 2022 formula rate plan filing to set its formula rate for the 2023 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2023 and a netting adjustment for the historical year 2021. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2023 projected year is 7.40% resulting in a revenue deficiency of $104.8 million. The earned rate of return on common equity for the 2021 historical year was 8.38% resulting in a $15.2 million netting adjustment. The total proposed revenue change for the 2023 projected year and 2021 historical year netting adjustment is $119.9 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 $79.3 million. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of June 30, 2022, Entergy Arkansas had a regulatory asset of $36.6 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2021 Formula Rate Plan Filing In May 2022, Entergy Louisiana filed its formula rate plan evaluation report for its 2021 calendar year operations. The 2021 test year evaluation report produced an earned return on common equity of 8.33%, with a base formula rate plan revenue increase of $65.3 million. Other increases in formula rate plan revenue driven by reductions in Tax Cut and Jobs Act credits and additions to transmission and distribution plant in service reflected through the transmission recovery mechanism and distribution recovery mechanism are partly offset by an increase in net MISO revenues, leading to a net increase in formula rate plan revenue of $152.9 million. 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 $86 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $66.9 million. Subject to refund and LPSC review, the resulting changes will be effective for bills rendered during the first billing cycle of September 2022. 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. 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 June 30, 2022, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2022 Formula Rate Plan Filing In March 2022, Entergy Mississippi submitted its formula rate plan 2022 test year filing and 2021 look-back filing showing Entergy Mississippi’s earned return for the historical 2021 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2022 calendar year to be below the formula rate plan bandwidth. The 2022 test year filing shows a $69 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.70% 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 $48.6 million. The 2021 look-back filing compares actual 2021 results to the approved benchmark return on rate base and reflects the need for a $34.5 million interim increase in formula rate plan revenues. In fourth quarter 2021, Entergy Mississippi recorded a regulatory asset of $19 million to reflect the then-current estimate in connection with the look-back feature of the formula rate plan. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2021 retail revenues, effective in April 2022. In June 2022, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2022 test year filing that resulted in a total rate increase of $48.6 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2021 look-back filing reflected an earned return on rate base of 5.99% in calendar year 2021, which is below the look-back bandwidth, resulting in a $34.3 million increase in the formula rate plan revenues on an interim basis through June 2023. In July 2022 the MPSC approved the joint stipulation with rates effective in August 2022. In July 2022 the MPSC directed Entergy Mississippi to flow $14.1 million of the power management rider over-recovery balance to customers beginning in August 2022 through December 2022 to mitigate the bill impact of the increase in formula rate plan revenues. Sunflower Solar As discussed in the Form 10-K, in April 2020 the MPSC issued an order approving certification of the Sunflower Solar facility and its recovery through the interim capacity rate adjustment mechanism, subject to certain conditions. In July 2022, pursuant to the MPSC’s April 2020 order, Entergy Mississippi submitted a compliance filing to the MPSC with updated calculations of the impact of the Sunflower Solar facility on rate base and revenue requirement for the Sunflower Solar facility and benefits of the tax equity partnership. See Note 14 to the financial statements herein for discussion of Entergy Mississippi’s purchase of the Sunflower Solar facility. 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 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2022, Entergy Mississippi had a regulatory asset of $13.1 million for costs associated with the COVID-19 pandemic. Entergy Mississippi received approval to recover this regulatory asset through its formula rate plan rider over a three-year period beginning August 2022. Filings with the City Council (Entergy New Orleans) Retail Rates 2022 Formula Rate Plan Filing In April 2022, Entergy New Orleans submitted to the City Council its formula rate plan 2021 test year filing. The 2021 test year evaluation report, subsequently updated in a July 2022 filing, produced an earned return on equity of 6.88% compared to the authorized return on equity of 9.35%. Entergy New Orleans seeks approval of a $42.1 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $34.1 million and an increase in authorized gas revenues of $3.3 million. Entergy New Orleans also seeks to commence collecting $4.7 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. In July 2022 the City Council’s advisors issued a report seeking a reduction to Entergy New Orleans’s proposed increase of approximately $17.1 million in total for electric and gas revenues. The parties have a 25-day period to attempt to reach an agreement on the final amount to increase revenues, with implementation of resulting rates effective with the first billing cycle of September 2022 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council will set a procedural schedule that will extend the process for City Council approval of disputed rate adjustments. COVID-19 Orders As discussed in the Form 10-K, in May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2022, Entergy New Orleans had a regulatory asset of $14.5 million for costs associated with the COVID-19 pandemic. As part of its 2022 formula rate plan filing, Entergy New Orleans requested recovery of this regulatory asset over a five-year period beginning September 2022. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case In July 2022, Entergy Texas filed a base rate case with the PUCT seeking an increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase are changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions currently reflected in the distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which would be reset to zero as a result of this proceeding. In July 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. Also in July 2022, the ALJ with the State Office of Administrative Hearings approved a procedural schedule with a hearing on the merits in December 2022. Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, 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. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in December 2021. In December 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, including a motion for interim rates to take effect for usage on and after January 24, 2022. Also, in December 2021, the ALJ with the State Office of Administrative Hearings issued an order granting the motion for interim rates, which went into effect in January 2022, admitting evidence, and remanding the proceeding to the PUCT to consider the settlement. In March 2022 the PUCT issued an order approving the settlement. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2021, 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 $66.1 million annually, or $15.1 million in incremental annual revenues beyond Energy Texas’s currently effective TCRF rider based on its capital invested in transmission between September 1, 2020 and July 31, 2021 and changes in approved transmission charges. In January 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In February 2022 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 2022. In February 2022 the ALJ granted the motion for interim rates, admitted evidence, and remanded the case to the PUCT for consideration of a final order at a future open meeting. In June 2022 the PUCT issued an order approving the settlement. Generation Cost Recovery Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its generation capital investment in the Montgomery County Power Station through August 31, 2020, which was approved by the PUCT on an interim basis in January 2021. In March 2021, Entergy Texas filed to update its generation cost recovery rider to include its generation capital investment in Montgomery County Power Station after August 31, 2020 and an unopposed settlement agreement filed on behalf of the parties by Entergy Texas in October 2021 was approved by the PUCT in January 2022. In February 2022, Entergy Texas filed a relate-back rider to collect over five months an additional approximately $5 million, which is the difference between the interim revenue requirement approved in January 2021 and the revenue requirement approved in January 2022 that reflects Entergy Texas’s full generation capital investment and ownership in Montgomery County Power Station on January 1, 2021, plus carrying costs from January 2021 through January 2022 when the updated revenue requirement took effect. In April 2022, Entergy Texas and PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. In December 2020, Entergy Texas also filed an application to amend its generation cost recovery rider to reflect its acquisition of the Hardin County Peaking Facility, which closed in June 2021. Because Hardin was to be acquired in the future, the initial generation cost recovery rider rates proposed in the application represented no change from the generation cost recovery rider rates established in Entergy Texas’s previous generation cost recovery rider proceeding. In July 2021 the PUCT issued an order approving the application. In August 2021, Entergy Texas filed an update application to recover its actual investment in the acquisition of the Hardin County Peaking Facility. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in April 2022. In January 2022, Entergy Texas filed an update to its application to align the requested revenue requirement with the terms of the generation cost recovery rider settlement approved by the PUCT in January 2022. In March 2022, Entergy Texas filed on behalf of the parties an unopposed motion, which motion was granted by the ALJ with the State Office of Administrative Hearings, to abate the procedural schedule indicating that the parties had reached an agreement in principle. In April 2022, Entergy Texas filed on behalf of the parties a unanimous settlement agreement that would adjust its generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million, which is $4.5 million in incremental annual revenue above the $88.3 million approved in January 2022, related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility. Concurrently with filing of the unanimous settlement agreement, Entergy Texas submitted an agreed motion to admit evidence and remand the case to the PUCT for review and consideration of the settlement agreement, which motion was granted by the ALJ with the State Office of Administrative Hearings. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As of June 30, 2022, Entergy Texas had a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s order denying Entergy Arkansas’s request to recover the costs of the opportunity sales payments made to the other Utility operating companies. In October 2020 the APSC filed a motion to dismiss Entergy Arkansas’s complaint. In March 2022 the court denied the APSC’s motion to dismiss and, in April 2022, issued a scheduling order including a trial date in February 2023. In June 2022, Entergy Arkansas filed a motion asserting that it is entitled to summary judgment because Entergy Arkansas’s position that the APSC’s order is pre-empted by the filed rate doctrine and violates the Dormant Commerce Clause is premised on facts that are not subject to genuine dispute. In July 2022, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a motion to intervene and to hold Entergy Arkansas’s motion for summary judgment in abeyance pending a ruling on the motion to intervene. Entergy Arkansas filed a consolidated opposition to both motions. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. The following are updates to that discussion. See “ System Energy Settlement with the MPSC ” below for discussion of a partial settlement agreement and offer of settlement related to the pending proceedings before the FERC. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $61 million, which includes interest through June 30, 2022, and the estimated resulting annual rate reduction would be approximate ly $50 million. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, APSC, MPSC, City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, APSC, MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million. The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and that System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through June 30, 2022 is approximately $422 million, plus interest, which is approxim ately $139 million through June 30 , 2022. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $19 million, which includes interest through June 30, 2022. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. The case is pending before the FERC, which will review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. Unit Power Sales Agreement Complaint The first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. System Energy agreed that the hearing should be held in abeyance but sought rehearing of the FERC’s decision as related to matters set for hearing that were beyond the scope of the FERC’s jurisdiction or authority. The complainants sought rehearing of the FERC’s decision to hold the hearing in abeyance and filed a motion to proceed, which motion System Energy subsequently opposed. In June 2021, System Energy’s request for rehearing was denied by operation of law, and System Energy filed an appeal of the FERC’s orders in the Court of Appeals for the Fifth Circuit. The appeal was initially stayed for a period of 90 days, but the stay expired. In November 2021 the Fifth Circuit dismissed the appeal as premature. In November 2021 the LPSC, the APSC, and the City Council filed direct testimony and requested the FERC to order refunds for prior periods and prospective amendments to the Unit Power Sales Agreement. The LPSC’s refund claims include, among other things, allegations that: (1) System Energy should not have included certain sale-leaseback transaction costs in prepayments; (2) System Energy should have credited rate base to reflect the time value of money associated with the advance collection of lease payments; (3) System Energy incorrectly included refueling outage costs that were recorded in account 174 in rate base; and (4) System Energy should have excluded several accumulated deferred income tax balances in account 190 from rate base. The LPSC is also seeking a retroactive adjustment to retained earnings and capital structure in conjunction with the implementation of its proposed refunds. In addition, the LPSC seeks amendments to the Unit Power Sales Agreement going forward to address below-the-line costs, incentive compensation, the working capital allowance, litigation expenses, and the 2019 termination of the capital funds agreement. The APSC argues that: (1) System Energy should have included borrowings from the Entergy System money pool in its determination of short-term debt in its cost of capital; and (2) System Energy should credit customers with System Energy’s allocation of earnings on money pool investments. The City Council alleges that System Energy has maintained excess cash on hand in the money pool and that retention of excess cash was imprudent. Based on this allegation, the City Council’s witness recommends a refund of approximately $98.8 million for the period 2004-September 2021 or other alternative relief. The City Council further recommends that the FERC impose a hypothetical equity ratio such as 48.15% equity to capital on a prospective basis. I
System Energy [Member]
Rate and Regulatory Matters	NOTE 2. 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. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2022, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase from $0.00959 per kWh to $0.01785 per kWh. The primary reason for the rate increase is a large under-recovered balance as a result of higher natural gas prices in 2021, particularly in the fourth quarter 2021. At the request of the APSC general staff, Entergy Arkansas deferred its request for recovery of $32 million from the under-recovery related to the 2021 February winter storms until the 2023 energy cost rate redetermination, unless a request for an interim adjustment to the energy cost recovery rider is necessary. This resulted in a redetermined rate of $0.016390 per kWh, which became effective with the first billing cycle in April 2022 through the normal operation of the tariff. Entergy Louisiana As discussed in the Form 10-K, 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. In April 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s fuel adjustment clause charges in February 2021 that did not recommend any financial disallowances, but included several prospective recommendations. Responsive testimony was filed by one intervenor and the parties agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. In May 2022 the LPSC staff issued a draft audit report regarding Entergy Louisiana’s purchased gas adjustment charges in February 2021 that did not propose any financial disallowances. The LPSC staff and Entergy Louisiana have agreed to suspend any procedural schedule and move toward settlement discussions to close the matter. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $135 million of fuel expense incurred in April, May, and June 2022 (as reflected on June, July, and August 2022 bills). Deferrals from April and May 2022 are expected to be recovered in the last four months of 2022 and June 2022 deferrals will be included in the over/under calculation of the fuel adjustment clause. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC” below for discussion of the settlement agreement filed with the FERC in June 2022. The settlement, which is contingent upon FERC approval, provides for a refund of $235 million from System Energy to Entergy Mississippi. In July 2022 the MPSC directed the disbursement of settlement proceeds, ordering Entergy Mississippi to provide a one-time $80 bill credit to each of its approximately 460,000 retail customers to be effective during the September 2022 billing cycle, and to apply the remaining proceeds to Entergy Mississippi’s under-recovered deferred fuel balance. Entergy Texas In May 2022, Entergy Texas filed an application with the PUCT to implement an interim fuel surcharge to collect the cumulative under-recovery of approximately $51.7 million, including interest, of fuel and purchased power costs incurred from May 1, 2020 through December 31, 2021. The under-recovery balance is primarily attributable to the impacts of Winter Storm Uri, including historically high natural gas prices, partially offset by settlements received by Entergy Texas from MISO related to Hurricane Laura. Entergy Texas proposed that the interim fuel surcharge be assessed over a period of six months beginning with the first billing cycle after the PUCT issues a final order, but no later than the first billing cycle of September 2022. Also in May 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. In July 2022, Entergy Texas filed on behalf of the parties an unopposed settlement resolving all issues in the proceeding. In addition, Entergy Texas filed on behalf of the parties a motion to admit evidence, to approve interim rates as requested in the initial application, and to remand the proceeding to the PUCT to consider the unopposed settlement. In August 2022 the ALJ with the State Office of Administrative Hearings issued an order granting Entergy Texas’s motion, approving interim rates effective with the first billing cycle of September 2022, and remanding the case to the PUCT for final approval. 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 2022 Formula Rate Plan Filing In July 2022, Entergy Arkansas filed with the APSC its 2022 formula rate plan filing to set its formula rate for the 2023 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2023 and a netting adjustment for the historical year 2021. The filing showed that Entergy Arkansas’s earned rate of return on common equity for the 2023 projected year is 7.40% resulting in a revenue deficiency of $104.8 million. The earned rate of return on common equity for the 2021 historical year was 8.38% resulting in a $15.2 million netting adjustment. The total proposed revenue change for the 2023 projected year and 2021 historical year netting adjustment is $119.9 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 $79.3 million. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of June 30, 2022, Entergy Arkansas had a regulatory asset of $36.6 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2021 Formula Rate Plan Filing In May 2022, Entergy Louisiana filed its formula rate plan evaluation report for its 2021 calendar year operations. The 2021 test year evaluation report produced an earned return on common equity of 8.33%, with a base formula rate plan revenue increase of $65.3 million. Other increases in formula rate plan revenue driven by reductions in Tax Cut and Jobs Act credits and additions to transmission and distribution plant in service reflected through the transmission recovery mechanism and distribution recovery mechanism are partly offset by an increase in net MISO revenues, leading to a net increase in formula rate plan revenue of $152.9 million. 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 $86 million and legacy Entergy Gulf States Louisiana formula rate plan revenues will increase by $66.9 million. Subject to refund and LPSC review, the resulting changes will be effective for bills rendered during the first billing cycle of September 2022. 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. 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 June 30, 2022, Entergy Louisiana had a regulatory asset of $47.8 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Retail Rates 2022 Formula Rate Plan Filing In March 2022, Entergy Mississippi submitted its formula rate plan 2022 test year filing and 2021 look-back filing showing Entergy Mississippi’s earned return for the historical 2021 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2022 calendar year to be below the formula rate plan bandwidth. The 2022 test year filing shows a $69 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.70% 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 $48.6 million. The 2021 look-back filing compares actual 2021 results to the approved benchmark return on rate base and reflects the need for a $34.5 million interim increase in formula rate plan revenues. In fourth quarter 2021, Entergy Mississippi recorded a regulatory asset of $19 million to reflect the then-current estimate in connection with the look-back feature of the formula rate plan. In accordance with the provisions of the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2021 retail revenues, effective in April 2022. In June 2022, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed the 2022 test year filing that resulted in a total rate increase of $48.6 million. Pursuant to the joint stipulation, Entergy Mississippi’s 2021 look-back filing reflected an earned return on rate base of 5.99% in calendar year 2021, which is below the look-back bandwidth, resulting in a $34.3 million increase in the formula rate plan revenues on an interim basis through June 2023. In July 2022 the MPSC approved the joint stipulation with rates effective in August 2022. In July 2022 the MPSC directed Entergy Mississippi to flow $14.1 million of the power management rider over-recovery balance to customers beginning in August 2022 through December 2022 to mitigate the bill impact of the increase in formula rate plan revenues. Sunflower Solar As discussed in the Form 10-K, in April 2020 the MPSC issued an order approving certification of the Sunflower Solar facility and its recovery through the interim capacity rate adjustment mechanism, subject to certain conditions. In July 2022, pursuant to the MPSC’s April 2020 order, Entergy Mississippi submitted a compliance filing to the MPSC with updated calculations of the impact of the Sunflower Solar facility on rate base and revenue requirement for the Sunflower Solar facility and benefits of the tax equity partnership. See Note 14 to the financial statements herein for discussion of Entergy Mississippi’s purchase of the Sunflower Solar facility. 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 compliance and to seek future recovery through rates of the prudently incurred incremental costs and expenses. As of June 30, 2022, Entergy Mississippi had a regulatory asset of $13.1 million for costs associated with the COVID-19 pandemic. Entergy Mississippi received approval to recover this regulatory asset through its formula rate plan rider over a three-year period beginning August 2022. Filings with the City Council (Entergy New Orleans) Retail Rates 2022 Formula Rate Plan Filing In April 2022, Entergy New Orleans submitted to the City Council its formula rate plan 2021 test year filing. The 2021 test year evaluation report, subsequently updated in a July 2022 filing, produced an earned return on equity of 6.88% compared to the authorized return on equity of 9.35%. Entergy New Orleans seeks approval of a $42.1 million rate increase based on the formula set by the City Council in the 2018 rate case. The formula results in an increase in authorized electric revenues of $34.1 million and an increase in authorized gas revenues of $3.3 million. Entergy New Orleans also seeks to commence collecting $4.7 million in electric revenues that were previously approved by the City Council for collection through the formula rate plan. In July 2022 the City Council’s advisors issued a report seeking a reduction to Entergy New Orleans’s proposed increase of approximately $17.1 million in total for electric and gas revenues. The parties have a 25-day period to attempt to reach an agreement on the final amount to increase revenues, with implementation of resulting rates effective with the first billing cycle of September 2022 pursuant to the formula rate plan tariff. For any disputed rate adjustments, however, the City Council will set a procedural schedule that will extend the process for City Council approval of disputed rate adjustments. COVID-19 Orders As discussed in the Form 10-K, in May 2020 the City Council issued an accounting order authorizing Entergy New Orleans to establish a regulatory asset for incremental COVID-19-related expenses. As of June 30, 2022, Entergy New Orleans had a regulatory asset of $14.5 million for costs associated with the COVID-19 pandemic. As part of its 2022 formula rate plan filing, Entergy New Orleans requested recovery of this regulatory asset over a five-year period beginning September 2022. Filings with the PUCT and Texas Cities (Entergy Texas) Retail Rates 2022 Base Rate Case In July 2022, Entergy Texas filed a base rate case with the PUCT seeking an increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase are changes in depreciation rates as the result of a depreciation study and an increase in the return on equity. In addition, Entergy Texas included capital additions placed into service for the period of January 1, 2018 through December 31, 2021, including those additions currently reflected in the distribution and transmission cost recovery factor riders and the generation cost recovery rider, all of which would be reset to zero as a result of this proceeding. In July 2022, the PUCT referred the proceeding to the State Office of Administrative Hearings. Also in July 2022, the ALJ with the State Office of Administrative Hearings approved a procedural schedule with a hearing on the merits in December 2022. Distribution Cost Recovery Factor (DCRF) Rider As discussed in the Form 10-K, 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. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in December 2021. In December 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, including a motion for interim rates to take effect for usage on and after January 24, 2022. Also, in December 2021, the ALJ with the State Office of Administrative Hearings issued an order granting the motion for interim rates, which went into effect in January 2022, admitting evidence, and remanding the proceeding to the PUCT to consider the settlement. In March 2022 the PUCT issued an order approving the settlement. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in October 2021, 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 $66.1 million annually, or $15.1 million in incremental annual revenues beyond Energy Texas’s currently effective TCRF rider based on its capital invested in transmission between September 1, 2020 and July 31, 2021 and changes in approved transmission charges. In January 2022 the PUCT referred the proceeding to the State Office of Administrative Hearings. In February 2022 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 2022. In February 2022 the ALJ granted the motion for interim rates, admitted evidence, and remanded the case to the PUCT for consideration of a final order at a future open meeting. In June 2022 the PUCT issued an order approving the settlement. Generation Cost Recovery Rider As discussed in the Form 10-K, in October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its generation capital investment in the Montgomery County Power Station through August 31, 2020, which was approved by the PUCT on an interim basis in January 2021. In March 2021, Entergy Texas filed to update its generation cost recovery rider to include its generation capital investment in Montgomery County Power Station after August 31, 2020 and an unopposed settlement agreement filed on behalf of the parties by Entergy Texas in October 2021 was approved by the PUCT in January 2022. In February 2022, Entergy Texas filed a relate-back rider to collect over five months an additional approximately $5 million, which is the difference between the interim revenue requirement approved in January 2021 and the revenue requirement approved in January 2022 that reflects Entergy Texas’s full generation capital investment and ownership in Montgomery County Power Station on January 1, 2021, plus carrying costs from January 2021 through January 2022 when the updated revenue requirement took effect. In April 2022, Entergy Texas and PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. In December 2020, Entergy Texas also filed an application to amend its generation cost recovery rider to reflect its acquisition of the Hardin County Peaking Facility, which closed in June 2021. Because Hardin was to be acquired in the future, the initial generation cost recovery rider rates proposed in the application represented no change from the generation cost recovery rider rates established in Entergy Texas’s previous generation cost recovery rider proceeding. In July 2021 the PUCT issued an order approving the application. In August 2021, Entergy Texas filed an update application to recover its actual investment in the acquisition of the Hardin County Peaking Facility. In September 2021 the PUCT referred the proceeding to the State Office of Administrative Hearings. A procedural schedule was established with a hearing scheduled in April 2022. In January 2022, Entergy Texas filed an update to its application to align the requested revenue requirement with the terms of the generation cost recovery rider settlement approved by the PUCT in January 2022. In March 2022, Entergy Texas filed on behalf of the parties an unopposed motion, which motion was granted by the ALJ with the State Office of Administrative Hearings, to abate the procedural schedule indicating that the parties had reached an agreement in principle. In April 2022, Entergy Texas filed on behalf of the parties a unanimous settlement agreement that would adjust its generation cost recovery rider to recover an annual revenue requirement of approximately $92.8 million, which is $4.5 million in incremental annual revenue above the $88.3 million approved in January 2022, related to Entergy Texas’s actual investment in the acquisition of the Hardin County Peaking Facility. Concurrently with filing of the unanimous settlement agreement, Entergy Texas submitted an agreed motion to admit evidence and remand the case to the PUCT for review and consideration of the settlement agreement, which motion was granted by the ALJ with the State Office of Administrative Hearings. COVID-19 Orders As discussed in the Form 10-K, in March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of the COVID-19 pandemic. In future proceedings, the PUCT will consider whether each utility's request for recovery of these regulatory assets is reasonable and necessary, the appropriate period of recovery, and any amount of carrying costs thereon. As of June 30, 2022, Entergy Texas had a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. As part of its 2022 base rate case filing, Entergy Texas requested recovery of its regulatory asset over a three-year period beginning December 2022. Entergy Arkansas Opportunity Sales Proceeding See Note 2 to the financial statements in the Form 10-K for discussion of the Entergy Arkansas opportunity sales proceeding. As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s order denying Entergy Arkansas’s request to recover the costs of the opportunity sales payments made to the other Utility operating companies. In October 2020 the APSC filed a motion to dismiss Entergy Arkansas’s complaint. In March 2022 the court denied the APSC’s motion to dismiss and, in April 2022, issued a scheduling order including a trial date in February 2023. In June 2022, Entergy Arkansas filed a motion asserting that it is entitled to summary judgment because Entergy Arkansas’s position that the APSC’s order is pre-empted by the filed rate doctrine and violates the Dormant Commerce Clause is premised on facts that are not subject to genuine dispute. In July 2022, Arkansas Electric Energy Consumers, Inc., an industrial customer association, filed a motion to intervene and to hold Entergy Arkansas’s motion for summary judgment in abeyance pending a ruling on the motion to intervene. Entergy Arkansas filed a consolidated opposition to both motions. Complaints Against System Energy See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy. The following are updates to that discussion. See “ System Energy Settlement with the MPSC ” below for discussion of a partial settlement agreement and offer of settlement related to the pending proceedings before the FERC. Return on Equity and Capital Structure Complaints As discussed in the Form 10-K, in March 2021 the FERC ALJ issued an initial decision in the proceeding against System Energy regarding the return on equity component of the Unit Power Sales Agreement. With regard to System Energy’s authorized return on equity, the ALJ determined that the existing return on equity of 10.94% is no longer just and reasonable, and that the replacement authorized return on equity, based on application of the Opinion No. 569-A methodology, should be 9.32%. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (January 2017-April 2018) based on the difference between the current return on equity and the replacement authorized return on equity. The ALJ determined that the April 2018 complaint concerning the authorized return on equity should be dismissed, and that no refunds for a second fifteen-month refund period should be due. With regard to System Energy’s capital structure, the ALJ determined that System Energy’s actual equity ratio is excessive and that the just and reasonable equity ratio is 48.15% equity, based on the average equity ratio of the proxy group used to evaluate the return on equity for the second complaint. The ALJ further determined that System Energy should pay refunds for a fifteen-month refund period (September 2018-December 2019) based on the difference between the actual equity ratio and the 48.15% equity ratio. If the ALJ’s initial decision is upheld, the estimated refund for this proceeding is approximately $61 million, which includes interest through June 30, 2022, and the estimated resulting annual rate reduction would be approximate ly $50 million. The estimated refund will continue to accrue interest until a final FERC decision is issued. The ALJ initial decision is an interim step in the FERC litigation process , and an ALJ’s determinations made in an initial decision are not controlling on the FERC . In April 2021, System Energy filed its brief on exceptions, in which it challenged the initial decision’s findings on both the return on equity and capital structure issues. Also in April 2021 the LPSC, APSC, MPSC, City Council, and the FERC trial staff filed briefs on exceptions. Reply briefs opposing exceptions were filed in May 2021 by System Energy, the FERC trial staff, the LPSC, APSC, MPSC, and the City Council. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue As discussed in the Form 10-K, in May 2018 the LPSC filed a complaint against System Energy and Entergy Services related to System Energy’s renewal of a sale-leaseback transaction originally entered into in December 1988 for an 11.5% undivided interest in Grand Gulf Unit 1. A hearing was held before a FERC ALJ in November 2019. In April 2020 the ALJ issued the initial decision. Among other things, the ALJ determined that refunds were due on three main issues. First, with regard to the lease renewal payments, the ALJ determined that System Energy is recovering an unjust acquisition premium through the lease renewal payments, and that System Energy’s recovery from customers through rates should be limited to the cost of service based on the remaining net book value of the leased assets, which is approximately $70 million. The ALJ found that the remedy for this issue should be the refund of lease payments (approximately $17.2 million per year since July 2015) with interest determined at the FERC quarterly interest rate, which would be offset by the addition of the net book value of the leased assets in the cost of service. The ALJ did not calculate a value for the refund expected as a result of this remedy. In addition, System Energy would no longer recover the lease payments in rates prospectively. Second, with regard to the liabilities associated with uncertain tax positions, the ALJ determined that the liabilities are accumulated deferred income taxes and that System Energy’s rate base should have been reduced for those liabilities. If the ALJ’s initial decision is upheld, the estimated refund for this issue through June 30, 2022 is approximately $422 million, plus interest, which is approxim ately $139 million through June 30 , 2022. The ALJ also found that System Energy should include liabilities associated with uncertain tax positions as a rate base reduction going forward. Third, with regard to the depreciation expense adjustments, the ALJ found that System Energy should correct for the error in re-billings retroactively and prospectively, but that System Energy should not be permitted to recover interest on any retroactive return on enhanced rate base resulting from such corrections. If the initial decision is affirmed on this issue, System Energy estimates refunds of approximately $19 million, which includes interest through June 30, 2022. The ALJ initial decision is an interim step in the FERC litigation process, and an ALJ’s determinations made in an initial decision are not controlling on the FERC. The ALJ in the initial decision acknowledges that these are issues of first impression before the FERC. The case is pending before the FERC, which will review the case and issue an order on the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Refunds, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. LPSC Additional Complaints As discussed in the Form 10-K, in May 2020 the LPSC authorized its staff to file additional complaints at the FERC related to the rates charged by System Energy for Grand Gulf energy and capacity supplied to Entergy Louisiana under the Unit Power Sales Agreement. Unit Power Sales Agreement Complaint The first of the additional complaints was filed by the LPSC, the APSC, the MPSC, and the City Council in September 2020. The first complaint raises two sets of rate allegations: violations of the filed rate and a corresponding request for refunds for prior periods; and elements of the Unit Power Sales Agreement are unjust and unreasonable and a corresponding request for refunds for the 15-month refund period and changes to the Unit Power Sales Agreement prospectively. In May 2021 the FERC issued an order addressing the complaint, establishing a refund effective date of September 21, 2020, establishing hearing procedures, and holding those procedures in abeyance pending the FERC’s review of the initial decision in the Grand Gulf sale-leaseback renewal complaint discussed above. System Energy agreed that the hearing should be held in abeyance but sought rehearing of the FERC’s decision as related to matters set for hearing that were beyond the scope of the FERC’s jurisdiction or authority. The complainants sought rehearing of the FERC’s decision to hold the hearing in abeyance and filed a motion to proceed, which motion System Energy subsequently opposed. In June 2021, System Energy’s request for rehearing was denied by operation of law, and System Energy filed an appeal of the FERC’s orders in the Court of Appeals for the Fifth Circuit. The appeal was initially stayed for a period of 90 days, but the stay expired. In November 2021 the Fifth Circuit dismissed the appeal as premature. In November 2021 the LPSC, the APSC, and the City Council filed direct testimony and requested the FERC to order refunds for prior periods and prospective amendments to the Unit Power Sales Agreement. The LPSC’s refund claims include, among other things, allegations that: (1) System Energy should not have included certain sale-leaseback transaction costs in prepayments; (2) System Energy should have credited rate base to reflect the time value of money associated with the advance collection of lease payments; (3) System Energy incorrectly included refueling outage costs that were recorded in account 174 in rate base; and (4) System Energy should have excluded several accumulated deferred income tax balances in account 190 from rate base. The LPSC is also seeking a retroactive adjustment to retained earnings and capital structure in conjunction with the implementation of its proposed refunds. In addition, the LPSC seeks amendments to the Unit Power Sales Agreement going forward to address below-the-line costs, incentive compensation, the working capital allowance, litigation expenses, and the 2019 termination of the capital funds agreement. The APSC argues that: (1) System Energy should have included borrowings from the Entergy System money pool in its determination of short-term debt in its cost of capital; and (2) System Energy should credit customers with System Energy’s allocation of earnings on money pool investments. The City Council alleges that System Energy has maintained excess cash on hand in the money pool and that retention of excess cash was imprudent. Based on this allegation, the City Council’s witness recommends a refund of approximately $98.8 million for the period 2004-September 2021 or other alternative relief. The City Council further recommends that the FERC impose a hypothetical equity ratio such as 48.15% equity to capital on a prospective basis. I

Equity

Equity	6 Months Ended
	Jun. 30, 2022
Equity	EQUITY (Entergy Corporation, Entergy Louisiana, and Entergy Mississippi) Common Stock Earnings (Loss) per Share The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated statements of operations: For the Three Months Ended June 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings (loss) per share Net income (loss) attributable to Entergy Corporation $159.7 203.4 $0.79 ($6.0) 200.8 ($0.03) Average dilutive effect of: Stock options 0.5 (0.01) — — Other equity plans 0.5 — — — Equity Forwards 0.3 — — — Diluted earnings (loss) per share $159.7 204.7 $0.78 ($6.0) 200.8 ($0.03) The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.9 million for the three months ended June 30, 2022 and approximately 1 million for the three months ended June 30, 2021. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated statements of operations: For the Six Months Ended June 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $436.1 203.2 $2.15 $328.6 200.7 $1.64 Average dilutive effect of: Stock options 0.5 (0.01) 0.4 (0.01) Other equity plans 0.4 (0.01) 0.3 — Equity forwards 0.2 — — — Diluted earnings per share $436.1 204.3 $2.13 $328.6 201.4 $1.63 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.9 million for the six months ended June 30, 2022 and approximately 1 million for the six months ended June 30, 2021. Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K. Dividends declared per common share were $1.01 for the three months ended June 30, 2022 and $0.95 for the three months ended June 30, 2021. Dividends declared per common share were $2.02 for the six months ended June 30, 2022 and $1.90 for the six months ended June 30, 2021. 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. Initially, the aggregate number of shares of common stock sold under this sales agreement and under any forward sale agreement could not exceed an aggregate gross sales price of $1 billion. In May 2022, Entergy increased by $1 billion the aggregate gross sales price authorized under the at the market equity distribution program. As of June 30, 2022, an aggregate gross sales price of approximately $884 million has been sold under the at the market equity distribution program. See Note 7 to the financial statements in the Form 10-K for discussion of the common stock issued and unsettled forward sale agreements entered into during 2021. During the six months ended June 30, 2022, there were no shares of common stock issued under the at the market equity distribution program. During the six months ended June 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 2022, Entergy entered into a forward sale agreement for 2,124,086 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 December 29, 2023, either (i) physically settle the transactions by issuing the total of 2,124,086 shares of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially approximately $116.94 per share) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The forward sale price 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 2,124,086 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $250.9 million. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $2.5 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. In March 2022, Entergy entered into a forward sale agreement for 1,538,010 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 29, 2023, either (i) physically settle the transactions by issuing the total of 1,538,010 shares of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially approximately $108.14 per share) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The forward sale price 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 1,538,010 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $168 million. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $1.7 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. In June 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 investment bank in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially $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 sale of these shares, Entergy paid the forward sellers fees of approximately $0.5 million, which have not been deducted from the gross sales price. Entergy Corporation 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 six months ended June 30, 2022, approximately 1 million shares under the forward sale agreements were not included in the calculation of diluted earnings per share because their effect would have been antidilutive. Treasury Stock During the six months ended June 30, 2022, Entergy Corporation issued 763,847 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards. Entergy Corporation did not repurchase any of its common stock during the six months ended June 30, 2022. Retained Earnings On July 29, 2022, Entergy Corporation’s Board of Directors declared a common stock dividend of $1.01 per share, payable on September 1, 2022 to holders of record as of August 11, 2022. Comprehensive Income Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2022 ($1,011) ($330,319) ($5,248) ($336,578) Other comprehensive income (loss) before reclassifications (14) — 4,101 4,087 Amounts reclassified from accumulated other comprehensive income 38 6,045 2,370 8,453 Net other comprehensive income for the period 24 6,045 6,471 12,540 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2021 ($861) ($511,609) $11,963 ($500,507) Other comprehensive income (loss) before reclassifications (14) — 648 634 Amounts reclassified from accumulated other comprehensive income (loss) (208) 22,098 (756) 21,134 Net other comprehensive income (loss) for the period (222) 22,098 (108) 21,768 Ending balance, June 30, 2021 ($1,083) ($489,511) $11,855 ($478,739) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2022 ($1,035) ($338,647) $7,154 ($332,528) Other comprehensive income (loss) before reclassifications (29) — (11,774) (11,803) Amounts reclassified from accumulated other comprehensive income (loss) 77 14,373 5,843 20,293 Net other comprehensive income (loss) for the period 48 14,373 (5,931) 8,490 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 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 1,467 — (44,653) (43,186) Amounts reclassified from accumulated other comprehensive income (loss) (31,269) 45,065 (142) 13,654 Net other comprehensive income (loss) for the period (29,802) 45,065 (44,795) (29,532) Ending balance, June 30, 2021 ($1,083) ($489,511) $11,855 ($478,739) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2022 and 2021: Pension and Other 2022 2021 (In Thousands) Beginning balance, April 1, $7,665 $3,920 Amounts reclassified from accumulated other comprehensive income (loss) (491) 588 Net other comprehensive income (loss) for the period (491) 588 Ending balance, June 30, $7,174 $4,508 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 2022 and 2021: Pension and Other 2022 2021 (In Thousands) Beginning balance, January 1, $8,278 $4,327 Amounts reclassified from accumulated other comprehensive income (loss) (1,104) 181 Net other comprehensive income (loss) for the period (1,104) 181 Ending balance, June 30, $7,174 $4,508 Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $— $312 Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges (48) 264 Income taxes 10 (56) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($38) $208 Pension and other postretirement liabilities Amortization of prior-service credit $3,837 $5,248 (a) Amortization of loss (10,979) (27,534) (a) Settlement loss (545) (6,043) (a) Total amortization (7,687) (28,329) Income taxes 1,642 6,231 Income taxes Total amortization (net of tax) ($6,045) ($22,098) Net unrealized investment gain (loss) Realized gain (loss) ($3,750) $1,196 Interest and investment income Income taxes 1,380 (440) Income taxes Total realized investment gain (loss) (net of tax) ($2,370) $756 Total reclassifications for the period (net of tax) ($8,453) ($21,134) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the six months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $— $39,679 Competitive business operating revenues Interest rate swaps (97) (97) Miscellaneous - net Total realized gain (loss) on cash flow hedges (97) 39,582 Income taxes 20 (8,313) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($77) $31,269 Pension and other postretirement liabilities Amortization of prior-service credit $7,674 $10,496 (a) Amortization of loss (24,904) (62,063) (a) Settlement loss (1,327) (6,043) (a) Total amortization (18,557) (57,610) Income taxes 4,184 12,545 Income taxes Total amortization (net of tax) ($14,373) ($45,065) Net unrealized investment gain (loss) Realized gain (loss) ($9,245) $224 Interest and investment income Income taxes 3,402 (82) Income taxes Total realized investment gain (loss) (net of tax) ($5,843) $142 Total reclassifications for the period (net of tax) ($20,293) ($13,654) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,158 $1,230 (a) Amortization of loss (308) (626) (a) Settlement loss (178) (1,400) (a) Total amortization 672 (796) Income taxes (181) 208 Income taxes Total amortization (net of tax) 491 (588) Total reclassifications for the period (net of tax) $491 ($588) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the six months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $2,316 $2,460 (a) Amortization of loss (627) (1,305) (a) Settlement loss (178) (1,400) (a) Total amortization 1,511 (245) Income taxes (407) 64 Income taxes Total amortization (net of tax) 1,104 (181) Total reclassifications for the period (net of tax) $1,104 ($181) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Noncontrolling Interest The dollar value of noncontrolling interest for Entergy Louisiana as of June 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Louisiana Noncontrolling Interest Restoration Law Trust I (a) $31,894 $— Total Noncontrolling Interest $31,894 $— (a) Restoration Law Trust I was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Laura, Hurricane Delta, Hurricane Zeta, and Winter Storm Uri restoration costs, as well as to establish a storm reserve to fund a portion of Hurricane Ida storm restoration costs. Restoration Law Trust I holds preferred membership interests issued by Entergy Finance Company and Entergy Finance Company is required to make annual distributions (dividends) on the preferred membership interests. These annual dividends paid on the Entergy Finance Company preferred membership interests will be distributed 1% to the LURC and 99% to Entergy Louisiana. Entergy Louisiana, as the primary beneficiary, consolidates Restoration Law Trust I and the LURC’s 1% beneficial interest is shown as noncontrolling interest in the consolidated financial statements for Entergy Louisiana and Entergy. See Note 2 to the financial statements herein for a discussion of the Entergy Louisiana securitization. The dollar value of noncontrolling interest for Entergy Mississippi as of June 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Mississippi Noncontrolling Interest MS Sunflower Partnership, LLC (a) $9,595 $— Total Noncontrolling Interest $9,595 $— (a) In May 2022, MS Sunflower Partnership, LLC, a tax equity partnership between Entergy Mississippi and a tax equity investor, made the initial payment for the purchase of the Sunflower Solar facility. A final payment will be made upon substantial completion of the facility and is currently expected in third quarter 2022. Entergy Mississippi, as the managing member, consolidates MS Sunflower Partnership, LLC and the tax equity investor’s interest is shown as noncontrolling interest in the consolidated financial statements for Entergy Mississippi and Entergy. Entergy Mississippi uses the HLBV method of accounting for income or loss allocation to the tax equity investor’s noncontrolling interest. See Note 1 to the financial statements in the Form 10-K for further discussion of the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC which is the basis for treatment of Entergy Mississippi’s investment in MS Sunflower Partnership, LLC.
Entergy Louisiana [Member]
Equity	EQUITY (Entergy Corporation, Entergy Louisiana, and Entergy Mississippi) Common Stock Earnings (Loss) per Share The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated statements of operations: For the Three Months Ended June 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings (loss) per share Net income (loss) attributable to Entergy Corporation $159.7 203.4 $0.79 ($6.0) 200.8 ($0.03) Average dilutive effect of: Stock options 0.5 (0.01) — — Other equity plans 0.5 — — — Equity Forwards 0.3 — — — Diluted earnings (loss) per share $159.7 204.7 $0.78 ($6.0) 200.8 ($0.03) The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.9 million for the three months ended June 30, 2022 and approximately 1 million for the three months ended June 30, 2021. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated statements of operations: For the Six Months Ended June 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $436.1 203.2 $2.15 $328.6 200.7 $1.64 Average dilutive effect of: Stock options 0.5 (0.01) 0.4 (0.01) Other equity plans 0.4 (0.01) 0.3 — Equity forwards 0.2 — — — Diluted earnings per share $436.1 204.3 $2.13 $328.6 201.4 $1.63 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.9 million for the six months ended June 30, 2022 and approximately 1 million for the six months ended June 30, 2021. Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K. Dividends declared per common share were $1.01 for the three months ended June 30, 2022 and $0.95 for the three months ended June 30, 2021. Dividends declared per common share were $2.02 for the six months ended June 30, 2022 and $1.90 for the six months ended June 30, 2021. 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. Initially, the aggregate number of shares of common stock sold under this sales agreement and under any forward sale agreement could not exceed an aggregate gross sales price of $1 billion. In May 2022, Entergy increased by $1 billion the aggregate gross sales price authorized under the at the market equity distribution program. As of June 30, 2022, an aggregate gross sales price of approximately $884 million has been sold under the at the market equity distribution program. See Note 7 to the financial statements in the Form 10-K for discussion of the common stock issued and unsettled forward sale agreements entered into during 2021. During the six months ended June 30, 2022, there were no shares of common stock issued under the at the market equity distribution program. During the six months ended June 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 2022, Entergy entered into a forward sale agreement for 2,124,086 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 December 29, 2023, either (i) physically settle the transactions by issuing the total of 2,124,086 shares of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially approximately $116.94 per share) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The forward sale price 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 2,124,086 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $250.9 million. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $2.5 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. In March 2022, Entergy entered into a forward sale agreement for 1,538,010 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 29, 2023, either (i) physically settle the transactions by issuing the total of 1,538,010 shares of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially approximately $108.14 per share) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The forward sale price 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 1,538,010 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $168 million. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $1.7 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. In June 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 investment bank in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially $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 sale of these shares, Entergy paid the forward sellers fees of approximately $0.5 million, which have not been deducted from the gross sales price. Entergy Corporation 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 six months ended June 30, 2022, approximately 1 million shares under the forward sale agreements were not included in the calculation of diluted earnings per share because their effect would have been antidilutive. Treasury Stock During the six months ended June 30, 2022, Entergy Corporation issued 763,847 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards. Entergy Corporation did not repurchase any of its common stock during the six months ended June 30, 2022. Retained Earnings On July 29, 2022, Entergy Corporation’s Board of Directors declared a common stock dividend of $1.01 per share, payable on September 1, 2022 to holders of record as of August 11, 2022. Comprehensive Income Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2022 ($1,011) ($330,319) ($5,248) ($336,578) Other comprehensive income (loss) before reclassifications (14) — 4,101 4,087 Amounts reclassified from accumulated other comprehensive income 38 6,045 2,370 8,453 Net other comprehensive income for the period 24 6,045 6,471 12,540 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2021 ($861) ($511,609) $11,963 ($500,507) Other comprehensive income (loss) before reclassifications (14) — 648 634 Amounts reclassified from accumulated other comprehensive income (loss) (208) 22,098 (756) 21,134 Net other comprehensive income (loss) for the period (222) 22,098 (108) 21,768 Ending balance, June 30, 2021 ($1,083) ($489,511) $11,855 ($478,739) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2022 ($1,035) ($338,647) $7,154 ($332,528) Other comprehensive income (loss) before reclassifications (29) — (11,774) (11,803) Amounts reclassified from accumulated other comprehensive income (loss) 77 14,373 5,843 20,293 Net other comprehensive income (loss) for the period 48 14,373 (5,931) 8,490 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 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 1,467 — (44,653) (43,186) Amounts reclassified from accumulated other comprehensive income (loss) (31,269) 45,065 (142) 13,654 Net other comprehensive income (loss) for the period (29,802) 45,065 (44,795) (29,532) Ending balance, June 30, 2021 ($1,083) ($489,511) $11,855 ($478,739) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2022 and 2021: Pension and Other 2022 2021 (In Thousands) Beginning balance, April 1, $7,665 $3,920 Amounts reclassified from accumulated other comprehensive income (loss) (491) 588 Net other comprehensive income (loss) for the period (491) 588 Ending balance, June 30, $7,174 $4,508 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 2022 and 2021: Pension and Other 2022 2021 (In Thousands) Beginning balance, January 1, $8,278 $4,327 Amounts reclassified from accumulated other comprehensive income (loss) (1,104) 181 Net other comprehensive income (loss) for the period (1,104) 181 Ending balance, June 30, $7,174 $4,508 Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $— $312 Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges (48) 264 Income taxes 10 (56) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($38) $208 Pension and other postretirement liabilities Amortization of prior-service credit $3,837 $5,248 (a) Amortization of loss (10,979) (27,534) (a) Settlement loss (545) (6,043) (a) Total amortization (7,687) (28,329) Income taxes 1,642 6,231 Income taxes Total amortization (net of tax) ($6,045) ($22,098) Net unrealized investment gain (loss) Realized gain (loss) ($3,750) $1,196 Interest and investment income Income taxes 1,380 (440) Income taxes Total realized investment gain (loss) (net of tax) ($2,370) $756 Total reclassifications for the period (net of tax) ($8,453) ($21,134) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the six months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $— $39,679 Competitive business operating revenues Interest rate swaps (97) (97) Miscellaneous - net Total realized gain (loss) on cash flow hedges (97) 39,582 Income taxes 20 (8,313) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($77) $31,269 Pension and other postretirement liabilities Amortization of prior-service credit $7,674 $10,496 (a) Amortization of loss (24,904) (62,063) (a) Settlement loss (1,327) (6,043) (a) Total amortization (18,557) (57,610) Income taxes 4,184 12,545 Income taxes Total amortization (net of tax) ($14,373) ($45,065) Net unrealized investment gain (loss) Realized gain (loss) ($9,245) $224 Interest and investment income Income taxes 3,402 (82) Income taxes Total realized investment gain (loss) (net of tax) ($5,843) $142 Total reclassifications for the period (net of tax) ($20,293) ($13,654) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,158 $1,230 (a) Amortization of loss (308) (626) (a) Settlement loss (178) (1,400) (a) Total amortization 672 (796) Income taxes (181) 208 Income taxes Total amortization (net of tax) 491 (588) Total reclassifications for the period (net of tax) $491 ($588) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the six months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $2,316 $2,460 (a) Amortization of loss (627) (1,305) (a) Settlement loss (178) (1,400) (a) Total amortization 1,511 (245) Income taxes (407) 64 Income taxes Total amortization (net of tax) 1,104 (181) Total reclassifications for the period (net of tax) $1,104 ($181) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Noncontrolling Interest The dollar value of noncontrolling interest for Entergy Louisiana as of June 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Louisiana Noncontrolling Interest Restoration Law Trust I (a) $31,894 $— Total Noncontrolling Interest $31,894 $— (a) Restoration Law Trust I was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Laura, Hurricane Delta, Hurricane Zeta, and Winter Storm Uri restoration costs, as well as to establish a storm reserve to fund a portion of Hurricane Ida storm restoration costs. Restoration Law Trust I holds preferred membership interests issued by Entergy Finance Company and Entergy Finance Company is required to make annual distributions (dividends) on the preferred membership interests. These annual dividends paid on the Entergy Finance Company preferred membership interests will be distributed 1% to the LURC and 99% to Entergy Louisiana. Entergy Louisiana, as the primary beneficiary, consolidates Restoration Law Trust I and the LURC’s 1% beneficial interest is shown as noncontrolling interest in the consolidated financial statements for Entergy Louisiana and Entergy. See Note 2 to the financial statements herein for a discussion of the Entergy Louisiana securitization. The dollar value of noncontrolling interest for Entergy Mississippi as of June 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Mississippi Noncontrolling Interest MS Sunflower Partnership, LLC (a) $9,595 $— Total Noncontrolling Interest $9,595 $— (a) In May 2022, MS Sunflower Partnership, LLC, a tax equity partnership between Entergy Mississippi and a tax equity investor, made the initial payment for the purchase of the Sunflower Solar facility. A final payment will be made upon substantial completion of the facility and is currently expected in third quarter 2022. Entergy Mississippi, as the managing member, consolidates MS Sunflower Partnership, LLC and the tax equity investor’s interest is shown as noncontrolling interest in the consolidated financial statements for Entergy Mississippi and Entergy. Entergy Mississippi uses the HLBV method of accounting for income or loss allocation to the tax equity investor’s noncontrolling interest. See Note 1 to the financial statements in the Form 10-K for further discussion of the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC which is the basis for treatment of Entergy Mississippi’s investment in MS Sunflower Partnership, LLC.
Entergy Mississippi [Member]
Equity	EQUITY (Entergy Corporation, Entergy Louisiana, and Entergy Mississippi) Common Stock Earnings (Loss) per Share The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated statements of operations: For the Three Months Ended June 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings (loss) per share Net income (loss) attributable to Entergy Corporation $159.7 203.4 $0.79 ($6.0) 200.8 ($0.03) Average dilutive effect of: Stock options 0.5 (0.01) — — Other equity plans 0.5 — — — Equity Forwards 0.3 — — — Diluted earnings (loss) per share $159.7 204.7 $0.78 ($6.0) 200.8 ($0.03) The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.9 million for the three months ended June 30, 2022 and approximately 1 million for the three months ended June 30, 2021. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated statements of operations: For the Six Months Ended June 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $436.1 203.2 $2.15 $328.6 200.7 $1.64 Average dilutive effect of: Stock options 0.5 (0.01) 0.4 (0.01) Other equity plans 0.4 (0.01) 0.3 — Equity forwards 0.2 — — — Diluted earnings per share $436.1 204.3 $2.13 $328.6 201.4 $1.63 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.9 million for the six months ended June 30, 2022 and approximately 1 million for the six months ended June 30, 2021. Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K. Dividends declared per common share were $1.01 for the three months ended June 30, 2022 and $0.95 for the three months ended June 30, 2021. Dividends declared per common share were $2.02 for the six months ended June 30, 2022 and $1.90 for the six months ended June 30, 2021. 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. Initially, the aggregate number of shares of common stock sold under this sales agreement and under any forward sale agreement could not exceed an aggregate gross sales price of $1 billion. In May 2022, Entergy increased by $1 billion the aggregate gross sales price authorized under the at the market equity distribution program. As of June 30, 2022, an aggregate gross sales price of approximately $884 million has been sold under the at the market equity distribution program. See Note 7 to the financial statements in the Form 10-K for discussion of the common stock issued and unsettled forward sale agreements entered into during 2021. During the six months ended June 30, 2022, there were no shares of common stock issued under the at the market equity distribution program. During the six months ended June 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 2022, Entergy entered into a forward sale agreement for 2,124,086 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 December 29, 2023, either (i) physically settle the transactions by issuing the total of 2,124,086 shares of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially approximately $116.94 per share) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The forward sale price 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 2,124,086 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $250.9 million. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $2.5 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. In March 2022, Entergy entered into a forward sale agreement for 1,538,010 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 29, 2023, either (i) physically settle the transactions by issuing the total of 1,538,010 shares of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially approximately $108.14 per share) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The forward sale price 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 1,538,010 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $168 million. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $1.7 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. In June 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 investment bank in exchange for net proceeds at the then-applicable forward sale price specified by the agreement (initially $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 sale of these shares, Entergy paid the forward sellers fees of approximately $0.5 million, which have not been deducted from the gross sales price. Entergy Corporation 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 six months ended June 30, 2022, approximately 1 million shares under the forward sale agreements were not included in the calculation of diluted earnings per share because their effect would have been antidilutive. Treasury Stock During the six months ended June 30, 2022, Entergy Corporation issued 763,847 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards. Entergy Corporation did not repurchase any of its common stock during the six months ended June 30, 2022. Retained Earnings On July 29, 2022, Entergy Corporation’s Board of Directors declared a common stock dividend of $1.01 per share, payable on September 1, 2022 to holders of record as of August 11, 2022. Comprehensive Income Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2022 ($1,011) ($330,319) ($5,248) ($336,578) Other comprehensive income (loss) before reclassifications (14) — 4,101 4,087 Amounts reclassified from accumulated other comprehensive income 38 6,045 2,370 8,453 Net other comprehensive income for the period 24 6,045 6,471 12,540 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2021 ($861) ($511,609) $11,963 ($500,507) Other comprehensive income (loss) before reclassifications (14) — 648 634 Amounts reclassified from accumulated other comprehensive income (loss) (208) 22,098 (756) 21,134 Net other comprehensive income (loss) for the period (222) 22,098 (108) 21,768 Ending balance, June 30, 2021 ($1,083) ($489,511) $11,855 ($478,739) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2022 ($1,035) ($338,647) $7,154 ($332,528) Other comprehensive income (loss) before reclassifications (29) — (11,774) (11,803) Amounts reclassified from accumulated other comprehensive income (loss) 77 14,373 5,843 20,293 Net other comprehensive income (loss) for the period 48 14,373 (5,931) 8,490 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 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 1,467 — (44,653) (43,186) Amounts reclassified from accumulated other comprehensive income (loss) (31,269) 45,065 (142) 13,654 Net other comprehensive income (loss) for the period (29,802) 45,065 (44,795) (29,532) Ending balance, June 30, 2021 ($1,083) ($489,511) $11,855 ($478,739) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2022 and 2021: Pension and Other 2022 2021 (In Thousands) Beginning balance, April 1, $7,665 $3,920 Amounts reclassified from accumulated other comprehensive income (loss) (491) 588 Net other comprehensive income (loss) for the period (491) 588 Ending balance, June 30, $7,174 $4,508 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 2022 and 2021: Pension and Other 2022 2021 (In Thousands) Beginning balance, January 1, $8,278 $4,327 Amounts reclassified from accumulated other comprehensive income (loss) (1,104) 181 Net other comprehensive income (loss) for the period (1,104) 181 Ending balance, June 30, $7,174 $4,508 Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $— $312 Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges (48) 264 Income taxes 10 (56) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($38) $208 Pension and other postretirement liabilities Amortization of prior-service credit $3,837 $5,248 (a) Amortization of loss (10,979) (27,534) (a) Settlement loss (545) (6,043) (a) Total amortization (7,687) (28,329) Income taxes 1,642 6,231 Income taxes Total amortization (net of tax) ($6,045) ($22,098) Net unrealized investment gain (loss) Realized gain (loss) ($3,750) $1,196 Interest and investment income Income taxes 1,380 (440) Income taxes Total realized investment gain (loss) (net of tax) ($2,370) $756 Total reclassifications for the period (net of tax) ($8,453) ($21,134) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the six months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $— $39,679 Competitive business operating revenues Interest rate swaps (97) (97) Miscellaneous - net Total realized gain (loss) on cash flow hedges (97) 39,582 Income taxes 20 (8,313) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($77) $31,269 Pension and other postretirement liabilities Amortization of prior-service credit $7,674 $10,496 (a) Amortization of loss (24,904) (62,063) (a) Settlement loss (1,327) (6,043) (a) Total amortization (18,557) (57,610) Income taxes 4,184 12,545 Income taxes Total amortization (net of tax) ($14,373) ($45,065) Net unrealized investment gain (loss) Realized gain (loss) ($9,245) $224 Interest and investment income Income taxes 3,402 (82) Income taxes Total realized investment gain (loss) (net of tax) ($5,843) $142 Total reclassifications for the period (net of tax) ($20,293) ($13,654) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,158 $1,230 (a) Amortization of loss (308) (626) (a) Settlement loss (178) (1,400) (a) Total amortization 672 (796) Income taxes (181) 208 Income taxes Total amortization (net of tax) 491 (588) Total reclassifications for the period (net of tax) $491 ($588) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the six months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $2,316 $2,460 (a) Amortization of loss (627) (1,305) (a) Settlement loss (178) (1,400) (a) Total amortization 1,511 (245) Income taxes (407) 64 Income taxes Total amortization (net of tax) 1,104 (181) Total reclassifications for the period (net of tax) $1,104 ($181) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Noncontrolling Interest The dollar value of noncontrolling interest for Entergy Louisiana as of June 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Louisiana Noncontrolling Interest Restoration Law Trust I (a) $31,894 $— Total Noncontrolling Interest $31,894 $— (a) Restoration Law Trust I was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Laura, Hurricane Delta, Hurricane Zeta, and Winter Storm Uri restoration costs, as well as to establish a storm reserve to fund a portion of Hurricane Ida storm restoration costs. Restoration Law Trust I holds preferred membership interests issued by Entergy Finance Company and Entergy Finance Company is required to make annual distributions (dividends) on the preferred membership interests. These annual dividends paid on the Entergy Finance Company preferred membership interests will be distributed 1% to the LURC and 99% to Entergy Louisiana. Entergy Louisiana, as the primary beneficiary, consolidates Restoration Law Trust I and the LURC’s 1% beneficial interest is shown as noncontrolling interest in the consolidated financial statements for Entergy Louisiana and Entergy. See Note 2 to the financial statements herein for a discussion of the Entergy Louisiana securitization. The dollar value of noncontrolling interest for Entergy Mississippi as of June 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Mississippi Noncontrolling Interest MS Sunflower Partnership, LLC (a) $9,595 $— Total Noncontrolling Interest $9,595 $— (a) In May 2022, MS Sunflower Partnership, LLC, a tax equity partnership between Entergy Mississippi and a tax equity investor, made the initial payment for the purchase of the Sunflower Solar facility. A final payment will be made upon substantial completion of the facility and is currently expected in third quarter 2022. Entergy Mississippi, as the managing member, consolidates MS Sunflower Partnership, LLC and the tax equity investor’s interest is shown as noncontrolling interest in the consolidated financial statements for Entergy Mississippi and Entergy. Entergy Mississippi uses the HLBV method of accounting for income or loss allocation to the tax equity investor’s noncontrolling interest. See Note 1 to the financial statements in the Form 10-K for further discussion of the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC which is the basis for treatment of Entergy Mississippi’s investment in MS Sunflower Partnership, LLC.

Revolving Credit Facilities, Li

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	6 Months Ended
	Jun. 30, 2022
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 2027. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the six months ended June 30, 2022 was 1.96% on the drawn portion of the facility. As of June 30, 2022, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Utility operating companies (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2022, Entergy Corporation had $1.398 billion of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2022 was 0.91%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 3.19% $— $— Entergy Arkansas June 2027 $150 million (c) 2.75% $— $— Entergy Louisiana June 2027 $350 million (c) 2.88% $— $— Entergy Mississippi April 2023 $45 million (d) 3.13% $— $— Entergy Mississippi April 2023 $40 million (d) 3.13% $— $— Entergy Mississippi April 2023 $10 million (d) 3.13% $— $— Entergy Mississippi July 2024 $150 million 2.42% $100 million $— Entergy New Orleans June 2024 $25 million (c) 3.29% $— $— Entergy Texas June 2027 $150 million (c) 2.88% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2022 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $70.0 million Entergy Mississippi $65 million 0.78% $4.3 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $79.6 million (a) As of June 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2022, in addition to the $4.3 million MISO letters of credit, Entergy Mississippi had $7 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized short-term borrowing limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through October 2023. 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 June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2023. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the six months ended June 30, 2022 was 2.02% 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 also issue commercial paper, details of which follow as of June 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 1.55% $12 Entergy Louisiana River Bend VIE June 2025 $105 1.37% $20 Entergy Louisiana Waterford VIE June 2025 $105 1.49% $70.4 System Energy VIE June 2025 $120 1.54% $93.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances 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. Each lessee is in compliance with this covenant. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of June 30, 2022 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 has obtained financing authorization from the FERC that extends through October 2023 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In June 2022, Entergy Corporation redeemed $650 million of 4.00% Series senior notes due July 2022. (Entergy Arkansas) In March 2022, Entergy Arkansas issued $200 million of 4.20% Series mortgage bonds due April 2049. Entergy Arkansas used the proceeds for general corporate purposes, including the repayment of borrowings from the Entergy System money pool. (Entergy Louisiana) In December 2021, Entergy Louisiana entered into a term loan credit agreement providing a $1.2 billion unsecured term loan due June 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 1.18%. Entergy Louisiana received the funds in January 2022 and used the proceeds for general corporate purposes, including storm restoration costs related to Hurricane Ida. Entergy Louisiana repaid the full amount of the loan in June 2022. In May 2022, Entergy Louisiana redeemed, prior to maturity, a portion of its 0.62% Series mortgage bonds due November 2023. Entergy Louisiana redeemed $435 million in aggregate principal amount of the bonds, leaving $665 million in aggregate principal amount outstanding. (Entergy Mississippi) In June 2022, Entergy Mississippi entered into a term loan credit agreement providing a $150 million unsecured term loan due December 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The rate set as of June 30, 2022 was 2.47%. Entergy Mississippi used the funds for general corporate purposes. (System Energy) In May 2022, System Energy entered into a term loan credit agreement providing a $50 million term loan due November 2023. The term loan is secured by a series of first mortgage bonds and bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 2.20%. System Energy used the funds for general corporate purposes. Entergy Texas Securitization Bonds In January 2022 the PUCT authorized the issuance of securitization bonds to recover $242.9 million of Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs, plus carrying costs, plus approximately $13.3 million relating to a system restoration regulatory asset related to Hurricane Harvey, plus up-front qualified costs. In April 2022, Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, issued $290.85 million of senior secured restoration bonds (securitization bonds), as follows: Amount (In Thousands) Senior Secured Restoration Bonds: Tranche A-1 (3.051%) due December 2028 $100,000 Tranche A-2 (3.697%) due December 2036 190,850 Total senior secured restoration bonds $290,850 Although the principal amount of each tranche is not due until the dates given above, Entergy Texas Restoration Funding II expects to make principal payments on the securitization bonds over the next five years in the amounts of $12.3 million for 2022, $17.8 million for 2023, $18.3 million for 2024, $18.8 million for 2025, and $19.4 million for 2026. All of the expected principal payments for 2022-2026 are for Tranche A-1. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. Entergy Texas expects to use the proceeds to reduce its outstanding debt. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charge collections. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (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 2027. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the six months ended June 30, 2022 was 1.96% on the drawn portion of the facility. As of June 30, 2022, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Utility operating companies (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2022, Entergy Corporation had $1.398 billion of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2022 was 0.91%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 3.19% $— $— Entergy Arkansas June 2027 $150 million (c) 2.75% $— $— Entergy Louisiana June 2027 $350 million (c) 2.88% $— $— Entergy Mississippi April 2023 $45 million (d) 3.13% $— $— Entergy Mississippi April 2023 $40 million (d) 3.13% $— $— Entergy Mississippi April 2023 $10 million (d) 3.13% $— $— Entergy Mississippi July 2024 $150 million 2.42% $100 million $— Entergy New Orleans June 2024 $25 million (c) 3.29% $— $— Entergy Texas June 2027 $150 million (c) 2.88% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2022 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $70.0 million Entergy Mississippi $65 million 0.78% $4.3 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $79.6 million (a) As of June 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2022, in addition to the $4.3 million MISO letters of credit, Entergy Mississippi had $7 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized short-term borrowing limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through October 2023. 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 June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2023. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the six months ended June 30, 2022 was 2.02% 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 also issue commercial paper, details of which follow as of June 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 1.55% $12 Entergy Louisiana River Bend VIE June 2025 $105 1.37% $20 Entergy Louisiana Waterford VIE June 2025 $105 1.49% $70.4 System Energy VIE June 2025 $120 1.54% $93.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances 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. Each lessee is in compliance with this covenant. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of June 30, 2022 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 has obtained financing authorization from the FERC that extends through October 2023 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In June 2022, Entergy Corporation redeemed $650 million of 4.00% Series senior notes due July 2022. (Entergy Arkansas) In March 2022, Entergy Arkansas issued $200 million of 4.20% Series mortgage bonds due April 2049. Entergy Arkansas used the proceeds for general corporate purposes, including the repayment of borrowings from the Entergy System money pool. (Entergy Louisiana) In December 2021, Entergy Louisiana entered into a term loan credit agreement providing a $1.2 billion unsecured term loan due June 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 1.18%. Entergy Louisiana received the funds in January 2022 and used the proceeds for general corporate purposes, including storm restoration costs related to Hurricane Ida. Entergy Louisiana repaid the full amount of the loan in June 2022. In May 2022, Entergy Louisiana redeemed, prior to maturity, a portion of its 0.62% Series mortgage bonds due November 2023. Entergy Louisiana redeemed $435 million in aggregate principal amount of the bonds, leaving $665 million in aggregate principal amount outstanding. (Entergy Mississippi) In June 2022, Entergy Mississippi entered into a term loan credit agreement providing a $150 million unsecured term loan due December 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The rate set as of June 30, 2022 was 2.47%. Entergy Mississippi used the funds for general corporate purposes. (System Energy) In May 2022, System Energy entered into a term loan credit agreement providing a $50 million term loan due November 2023. The term loan is secured by a series of first mortgage bonds and bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 2.20%. System Energy used the funds for general corporate purposes. Entergy Texas Securitization Bonds In January 2022 the PUCT authorized the issuance of securitization bonds to recover $242.9 million of Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs, plus carrying costs, plus approximately $13.3 million relating to a system restoration regulatory asset related to Hurricane Harvey, plus up-front qualified costs. In April 2022, Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, issued $290.85 million of senior secured restoration bonds (securitization bonds), as follows: Amount (In Thousands) Senior Secured Restoration Bonds: Tranche A-1 (3.051%) due December 2028 $100,000 Tranche A-2 (3.697%) due December 2036 190,850 Total senior secured restoration bonds $290,850 Although the principal amount of each tranche is not due until the dates given above, Entergy Texas Restoration Funding II expects to make principal payments on the securitization bonds over the next five years in the amounts of $12.3 million for 2022, $17.8 million for 2023, $18.3 million for 2024, $18.8 million for 2025, and $19.4 million for 2026. All of the expected principal payments for 2022-2026 are for Tranche A-1. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. Entergy Texas expects to use the proceeds to reduce its outstanding debt. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charge collections. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (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 2027. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the six months ended June 30, 2022 was 1.96% on the drawn portion of the facility. As of June 30, 2022, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Utility operating companies (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2022, Entergy Corporation had $1.398 billion of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2022 was 0.91%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 3.19% $— $— Entergy Arkansas June 2027 $150 million (c) 2.75% $— $— Entergy Louisiana June 2027 $350 million (c) 2.88% $— $— Entergy Mississippi April 2023 $45 million (d) 3.13% $— $— Entergy Mississippi April 2023 $40 million (d) 3.13% $— $— Entergy Mississippi April 2023 $10 million (d) 3.13% $— $— Entergy Mississippi July 2024 $150 million 2.42% $100 million $— Entergy New Orleans June 2024 $25 million (c) 3.29% $— $— Entergy Texas June 2027 $150 million (c) 2.88% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2022 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $70.0 million Entergy Mississippi $65 million 0.78% $4.3 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $79.6 million (a) As of June 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2022, in addition to the $4.3 million MISO letters of credit, Entergy Mississippi had $7 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized short-term borrowing limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through October 2023. 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 June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2023. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the six months ended June 30, 2022 was 2.02% 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 also issue commercial paper, details of which follow as of June 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 1.55% $12 Entergy Louisiana River Bend VIE June 2025 $105 1.37% $20 Entergy Louisiana Waterford VIE June 2025 $105 1.49% $70.4 System Energy VIE June 2025 $120 1.54% $93.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances 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. Each lessee is in compliance with this covenant. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of June 30, 2022 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 has obtained financing authorization from the FERC that extends through October 2023 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In June 2022, Entergy Corporation redeemed $650 million of 4.00% Series senior notes due July 2022. (Entergy Arkansas) In March 2022, Entergy Arkansas issued $200 million of 4.20% Series mortgage bonds due April 2049. Entergy Arkansas used the proceeds for general corporate purposes, including the repayment of borrowings from the Entergy System money pool. (Entergy Louisiana) In December 2021, Entergy Louisiana entered into a term loan credit agreement providing a $1.2 billion unsecured term loan due June 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 1.18%. Entergy Louisiana received the funds in January 2022 and used the proceeds for general corporate purposes, including storm restoration costs related to Hurricane Ida. Entergy Louisiana repaid the full amount of the loan in June 2022. In May 2022, Entergy Louisiana redeemed, prior to maturity, a portion of its 0.62% Series mortgage bonds due November 2023. Entergy Louisiana redeemed $435 million in aggregate principal amount of the bonds, leaving $665 million in aggregate principal amount outstanding. (Entergy Mississippi) In June 2022, Entergy Mississippi entered into a term loan credit agreement providing a $150 million unsecured term loan due December 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The rate set as of June 30, 2022 was 2.47%. Entergy Mississippi used the funds for general corporate purposes. (System Energy) In May 2022, System Energy entered into a term loan credit agreement providing a $50 million term loan due November 2023. The term loan is secured by a series of first mortgage bonds and bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 2.20%. System Energy used the funds for general corporate purposes. Entergy Texas Securitization Bonds In January 2022 the PUCT authorized the issuance of securitization bonds to recover $242.9 million of Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs, plus carrying costs, plus approximately $13.3 million relating to a system restoration regulatory asset related to Hurricane Harvey, plus up-front qualified costs. In April 2022, Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, issued $290.85 million of senior secured restoration bonds (securitization bonds), as follows: Amount (In Thousands) Senior Secured Restoration Bonds: Tranche A-1 (3.051%) due December 2028 $100,000 Tranche A-2 (3.697%) due December 2036 190,850 Total senior secured restoration bonds $290,850 Although the principal amount of each tranche is not due until the dates given above, Entergy Texas Restoration Funding II expects to make principal payments on the securitization bonds over the next five years in the amounts of $12.3 million for 2022, $17.8 million for 2023, $18.3 million for 2024, $18.8 million for 2025, and $19.4 million for 2026. All of the expected principal payments for 2022-2026 are for Tranche A-1. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. Entergy Texas expects to use the proceeds to reduce its outstanding debt. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charge collections. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (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 2027. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the six months ended June 30, 2022 was 1.96% on the drawn portion of the facility. As of June 30, 2022, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Utility operating companies (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2022, Entergy Corporation had $1.398 billion of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2022 was 0.91%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 3.19% $— $— Entergy Arkansas June 2027 $150 million (c) 2.75% $— $— Entergy Louisiana June 2027 $350 million (c) 2.88% $— $— Entergy Mississippi April 2023 $45 million (d) 3.13% $— $— Entergy Mississippi April 2023 $40 million (d) 3.13% $— $— Entergy Mississippi April 2023 $10 million (d) 3.13% $— $— Entergy Mississippi July 2024 $150 million 2.42% $100 million $— Entergy New Orleans June 2024 $25 million (c) 3.29% $— $— Entergy Texas June 2027 $150 million (c) 2.88% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2022 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $70.0 million Entergy Mississippi $65 million 0.78% $4.3 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $79.6 million (a) As of June 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2022, in addition to the $4.3 million MISO letters of credit, Entergy Mississippi had $7 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized short-term borrowing limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through October 2023. 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 June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2023. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the six months ended June 30, 2022 was 2.02% 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 also issue commercial paper, details of which follow as of June 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 1.55% $12 Entergy Louisiana River Bend VIE June 2025 $105 1.37% $20 Entergy Louisiana Waterford VIE June 2025 $105 1.49% $70.4 System Energy VIE June 2025 $120 1.54% $93.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances 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. Each lessee is in compliance with this covenant. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of June 30, 2022 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 has obtained financing authorization from the FERC that extends through October 2023 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In June 2022, Entergy Corporation redeemed $650 million of 4.00% Series senior notes due July 2022. (Entergy Arkansas) In March 2022, Entergy Arkansas issued $200 million of 4.20% Series mortgage bonds due April 2049. Entergy Arkansas used the proceeds for general corporate purposes, including the repayment of borrowings from the Entergy System money pool. (Entergy Louisiana) In December 2021, Entergy Louisiana entered into a term loan credit agreement providing a $1.2 billion unsecured term loan due June 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 1.18%. Entergy Louisiana received the funds in January 2022 and used the proceeds for general corporate purposes, including storm restoration costs related to Hurricane Ida. Entergy Louisiana repaid the full amount of the loan in June 2022. In May 2022, Entergy Louisiana redeemed, prior to maturity, a portion of its 0.62% Series mortgage bonds due November 2023. Entergy Louisiana redeemed $435 million in aggregate principal amount of the bonds, leaving $665 million in aggregate principal amount outstanding. (Entergy Mississippi) In June 2022, Entergy Mississippi entered into a term loan credit agreement providing a $150 million unsecured term loan due December 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The rate set as of June 30, 2022 was 2.47%. Entergy Mississippi used the funds for general corporate purposes. (System Energy) In May 2022, System Energy entered into a term loan credit agreement providing a $50 million term loan due November 2023. The term loan is secured by a series of first mortgage bonds and bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 2.20%. System Energy used the funds for general corporate purposes. Entergy Texas Securitization Bonds In January 2022 the PUCT authorized the issuance of securitization bonds to recover $242.9 million of Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs, plus carrying costs, plus approximately $13.3 million relating to a system restoration regulatory asset related to Hurricane Harvey, plus up-front qualified costs. In April 2022, Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, issued $290.85 million of senior secured restoration bonds (securitization bonds), as follows: Amount (In Thousands) Senior Secured Restoration Bonds: Tranche A-1 (3.051%) due December 2028 $100,000 Tranche A-2 (3.697%) due December 2036 190,850 Total senior secured restoration bonds $290,850 Although the principal amount of each tranche is not due until the dates given above, Entergy Texas Restoration Funding II expects to make principal payments on the securitization bonds over the next five years in the amounts of $12.3 million for 2022, $17.8 million for 2023, $18.3 million for 2024, $18.8 million for 2025, and $19.4 million for 2026. All of the expected principal payments for 2022-2026 are for Tranche A-1. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. Entergy Texas expects to use the proceeds to reduce its outstanding debt. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charge collections. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (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 2027. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the six months ended June 30, 2022 was 1.96% on the drawn portion of the facility. As of June 30, 2022, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Utility operating companies (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2022, Entergy Corporation had $1.398 billion of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2022 was 0.91%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 3.19% $— $— Entergy Arkansas June 2027 $150 million (c) 2.75% $— $— Entergy Louisiana June 2027 $350 million (c) 2.88% $— $— Entergy Mississippi April 2023 $45 million (d) 3.13% $— $— Entergy Mississippi April 2023 $40 million (d) 3.13% $— $— Entergy Mississippi April 2023 $10 million (d) 3.13% $— $— Entergy Mississippi July 2024 $150 million 2.42% $100 million $— Entergy New Orleans June 2024 $25 million (c) 3.29% $— $— Entergy Texas June 2027 $150 million (c) 2.88% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2022 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $70.0 million Entergy Mississippi $65 million 0.78% $4.3 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $79.6 million (a) As of June 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2022, in addition to the $4.3 million MISO letters of credit, Entergy Mississippi had $7 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized short-term borrowing limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through October 2023. 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 June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2023. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the six months ended June 30, 2022 was 2.02% 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 also issue commercial paper, details of which follow as of June 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 1.55% $12 Entergy Louisiana River Bend VIE June 2025 $105 1.37% $20 Entergy Louisiana Waterford VIE June 2025 $105 1.49% $70.4 System Energy VIE June 2025 $120 1.54% $93.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances 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. Each lessee is in compliance with this covenant. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of June 30, 2022 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 has obtained financing authorization from the FERC that extends through October 2023 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In June 2022, Entergy Corporation redeemed $650 million of 4.00% Series senior notes due July 2022. (Entergy Arkansas) In March 2022, Entergy Arkansas issued $200 million of 4.20% Series mortgage bonds due April 2049. Entergy Arkansas used the proceeds for general corporate purposes, including the repayment of borrowings from the Entergy System money pool. (Entergy Louisiana) In December 2021, Entergy Louisiana entered into a term loan credit agreement providing a $1.2 billion unsecured term loan due June 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 1.18%. Entergy Louisiana received the funds in January 2022 and used the proceeds for general corporate purposes, including storm restoration costs related to Hurricane Ida. Entergy Louisiana repaid the full amount of the loan in June 2022. In May 2022, Entergy Louisiana redeemed, prior to maturity, a portion of its 0.62% Series mortgage bonds due November 2023. Entergy Louisiana redeemed $435 million in aggregate principal amount of the bonds, leaving $665 million in aggregate principal amount outstanding. (Entergy Mississippi) In June 2022, Entergy Mississippi entered into a term loan credit agreement providing a $150 million unsecured term loan due December 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The rate set as of June 30, 2022 was 2.47%. Entergy Mississippi used the funds for general corporate purposes. (System Energy) In May 2022, System Energy entered into a term loan credit agreement providing a $50 million term loan due November 2023. The term loan is secured by a series of first mortgage bonds and bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 2.20%. System Energy used the funds for general corporate purposes. Entergy Texas Securitization Bonds In January 2022 the PUCT authorized the issuance of securitization bonds to recover $242.9 million of Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs, plus carrying costs, plus approximately $13.3 million relating to a system restoration regulatory asset related to Hurricane Harvey, plus up-front qualified costs. In April 2022, Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, issued $290.85 million of senior secured restoration bonds (securitization bonds), as follows: Amount (In Thousands) Senior Secured Restoration Bonds: Tranche A-1 (3.051%) due December 2028 $100,000 Tranche A-2 (3.697%) due December 2036 190,850 Total senior secured restoration bonds $290,850 Although the principal amount of each tranche is not due until the dates given above, Entergy Texas Restoration Funding II expects to make principal payments on the securitization bonds over the next five years in the amounts of $12.3 million for 2022, $17.8 million for 2023, $18.3 million for 2024, $18.8 million for 2025, and $19.4 million for 2026. All of the expected principal payments for 2022-2026 are for Tranche A-1. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. Entergy Texas expects to use the proceeds to reduce its outstanding debt. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charge collections. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (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 2027. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the six months ended June 30, 2022 was 1.96% on the drawn portion of the facility. As of June 30, 2022, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Utility operating companies (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2022, Entergy Corporation had $1.398 billion of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2022 was 0.91%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 3.19% $— $— Entergy Arkansas June 2027 $150 million (c) 2.75% $— $— Entergy Louisiana June 2027 $350 million (c) 2.88% $— $— Entergy Mississippi April 2023 $45 million (d) 3.13% $— $— Entergy Mississippi April 2023 $40 million (d) 3.13% $— $— Entergy Mississippi April 2023 $10 million (d) 3.13% $— $— Entergy Mississippi July 2024 $150 million 2.42% $100 million $— Entergy New Orleans June 2024 $25 million (c) 3.29% $— $— Entergy Texas June 2027 $150 million (c) 2.88% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2022 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $70.0 million Entergy Mississippi $65 million 0.78% $4.3 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $79.6 million (a) As of June 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2022, in addition to the $4.3 million MISO letters of credit, Entergy Mississippi had $7 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized short-term borrowing limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through October 2023. 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 June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2023. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the six months ended June 30, 2022 was 2.02% 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 also issue commercial paper, details of which follow as of June 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 1.55% $12 Entergy Louisiana River Bend VIE June 2025 $105 1.37% $20 Entergy Louisiana Waterford VIE June 2025 $105 1.49% $70.4 System Energy VIE June 2025 $120 1.54% $93.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances 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. Each lessee is in compliance with this covenant. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of June 30, 2022 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 has obtained financing authorization from the FERC that extends through October 2023 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In June 2022, Entergy Corporation redeemed $650 million of 4.00% Series senior notes due July 2022. (Entergy Arkansas) In March 2022, Entergy Arkansas issued $200 million of 4.20% Series mortgage bonds due April 2049. Entergy Arkansas used the proceeds for general corporate purposes, including the repayment of borrowings from the Entergy System money pool. (Entergy Louisiana) In December 2021, Entergy Louisiana entered into a term loan credit agreement providing a $1.2 billion unsecured term loan due June 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 1.18%. Entergy Louisiana received the funds in January 2022 and used the proceeds for general corporate purposes, including storm restoration costs related to Hurricane Ida. Entergy Louisiana repaid the full amount of the loan in June 2022. In May 2022, Entergy Louisiana redeemed, prior to maturity, a portion of its 0.62% Series mortgage bonds due November 2023. Entergy Louisiana redeemed $435 million in aggregate principal amount of the bonds, leaving $665 million in aggregate principal amount outstanding. (Entergy Mississippi) In June 2022, Entergy Mississippi entered into a term loan credit agreement providing a $150 million unsecured term loan due December 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The rate set as of June 30, 2022 was 2.47%. Entergy Mississippi used the funds for general corporate purposes. (System Energy) In May 2022, System Energy entered into a term loan credit agreement providing a $50 million term loan due November 2023. The term loan is secured by a series of first mortgage bonds and bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 2.20%. System Energy used the funds for general corporate purposes. Entergy Texas Securitization Bonds In January 2022 the PUCT authorized the issuance of securitization bonds to recover $242.9 million of Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs, plus carrying costs, plus approximately $13.3 million relating to a system restoration regulatory asset related to Hurricane Harvey, plus up-front qualified costs. In April 2022, Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, issued $290.85 million of senior secured restoration bonds (securitization bonds), as follows: Amount (In Thousands) Senior Secured Restoration Bonds: Tranche A-1 (3.051%) due December 2028 $100,000 Tranche A-2 (3.697%) due December 2036 190,850 Total senior secured restoration bonds $290,850 Although the principal amount of each tranche is not due until the dates given above, Entergy Texas Restoration Funding II expects to make principal payments on the securitization bonds over the next five years in the amounts of $12.3 million for 2022, $17.8 million for 2023, $18.3 million for 2024, $18.8 million for 2025, and $19.4 million for 2026. All of the expected principal payments for 2022-2026 are for Tranche A-1. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. Entergy Texas expects to use the proceeds to reduce its outstanding debt. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charge collections. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (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 2027. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the six months ended June 30, 2022 was 1.96% on the drawn portion of the facility. As of June 30, 2022, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Utility operating companies (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of June 30, 2022, Entergy Corporation had $1.398 billion of commercial paper outstanding. The weighted-average interest rate for the six months ended June 30, 2022 was 0.91%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 3.19% $— $— Entergy Arkansas June 2027 $150 million (c) 2.75% $— $— Entergy Louisiana June 2027 $350 million (c) 2.88% $— $— Entergy Mississippi April 2023 $45 million (d) 3.13% $— $— Entergy Mississippi April 2023 $40 million (d) 3.13% $— $— Entergy Mississippi April 2023 $10 million (d) 3.13% $— $— Entergy Mississippi July 2024 $150 million 2.42% $100 million $— Entergy New Orleans June 2024 $25 million (c) 3.29% $— $— Entergy Texas June 2027 $150 million (c) 2.88% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2022 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $70.0 million Entergy Mississippi $65 million 0.78% $4.3 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $79.6 million (a) As of June 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2022, in addition to the $4.3 million MISO letters of credit, Entergy Mississippi had $7 million in non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized short-term borrowing limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through October 2023. 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 June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $— Vermont Yankee Credit Facility (Entergy Corporation) In January 2019, Entergy Nuclear Vermont Yankee was transferred to NorthStar and its credit facility was assumed by Entergy Assets Management Operations, LLC (formerly Vermont Yankee Asset Retirement, LLC), Entergy Nuclear Vermont Yankee’s parent company that remains an Entergy subsidiary after the transfer. The credit facility has a borrowing capacity of $139 million and expires in December 2023. The commitment fee is currently 0.20% of the undrawn commitment amount. As of June 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the six months ended June 30, 2022 was 2.02% 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 also issue commercial paper, details of which follow as of June 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 1.55% $12 Entergy Louisiana River Bend VIE June 2025 $105 1.37% $20 Entergy Louisiana Waterford VIE June 2025 $105 1.49% $70.4 System Energy VIE June 2025 $120 1.54% $93.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances 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. Each lessee is in compliance with this covenant. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of June 30, 2022 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 has obtained financing authorization from the FERC that extends through October 2023 for issuances by its nuclear fuel company variable interest entities. Debt Issuances and Retirements (Entergy Corporation) In June 2022, Entergy Corporation redeemed $650 million of 4.00% Series senior notes due July 2022. (Entergy Arkansas) In March 2022, Entergy Arkansas issued $200 million of 4.20% Series mortgage bonds due April 2049. Entergy Arkansas used the proceeds for general corporate purposes, including the repayment of borrowings from the Entergy System money pool. (Entergy Louisiana) In December 2021, Entergy Louisiana entered into a term loan credit agreement providing a $1.2 billion unsecured term loan due June 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 1.18%. Entergy Louisiana received the funds in January 2022 and used the proceeds for general corporate purposes, including storm restoration costs related to Hurricane Ida. Entergy Louisiana repaid the full amount of the loan in June 2022. In May 2022, Entergy Louisiana redeemed, prior to maturity, a portion of its 0.62% Series mortgage bonds due November 2023. Entergy Louisiana redeemed $435 million in aggregate principal amount of the bonds, leaving $665 million in aggregate principal amount outstanding. (Entergy Mississippi) In June 2022, Entergy Mississippi entered into a term loan credit agreement providing a $150 million unsecured term loan due December 2023. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The rate set as of June 30, 2022 was 2.47%. Entergy Mississippi used the funds for general corporate purposes. (System Energy) In May 2022, System Energy entered into a term loan credit agreement providing a $50 million term loan due November 2023. The term loan is secured by a series of first mortgage bonds and bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable margin. The weighted average interest rate for the six months ended June 30, 2022 was 2.20%. System Energy used the funds for general corporate purposes. Entergy Texas Securitization Bonds In January 2022 the PUCT authorized the issuance of securitization bonds to recover $242.9 million of Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs, plus carrying costs, plus approximately $13.3 million relating to a system restoration regulatory asset related to Hurricane Harvey, plus up-front qualified costs. In April 2022, Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, issued $290.85 million of senior secured restoration bonds (securitization bonds), as follows: Amount (In Thousands) Senior Secured Restoration Bonds: Tranche A-1 (3.051%) due December 2028 $100,000 Tranche A-2 (3.697%) due December 2036 190,850 Total senior secured restoration bonds $290,850 Although the principal amount of each tranche is not due until the dates given above, Entergy Texas Restoration Funding II expects to make principal payments on the securitization bonds over the next five years in the amounts of $12.3 million for 2022, $17.8 million for 2023, $18.3 million for 2024, $18.8 million for 2025, and $19.4 million for 2026. All of the expected principal payments for 2022-2026 are for Tranche A-1. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. Entergy Texas expects to use the proceeds to reduce its outstanding debt. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charge collections. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2022
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 444,028 shares of its common stock under the 2019 Omnibus Incentive Plan during the first quarter 2022 with a fair value of $16.25 per option. As of June 30, 2022, there were options on 2,871,099 shares of common stock outstanding with a weighted-average exercise price of $96.18. The intrinsic value, which has no effect on net income, of the outstanding stock options is calculated by the positive difference between the weighted average exercise price of the stock options granted and Entergy Corporation’s common stock price as of June 30, 2022. The aggregate intrinsic value of the stock options outstanding as of June 30, 2022 was $56.7 million. The following table includes financial information for outstanding stock options for the three months ended June 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s consolidated net income $1.2 $1.0 Tax benefit recognized in Entergy’s consolidated net income $0.3 $0.2 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 six months ended June 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s net income $2.3 $2.0 Tax benefit recognized in Entergy’s net income $0.6 $0.5 Compensation cost capitalized as part of fixed assets and materials and supplies $0.8 $0.8 Other Equity Awards In January 2022 the Board approved and Entergy granted 328,849 restricted stock awards and 170,966 long-term incentive awards under the 2019 Omnibus Incentive Plan. The restricted stock awards were made effective on January 27, 2022 and were valued at $109.59 per share, which was the closing price of Entergy’s common stock on that date. Shares of restricted stock have the same dividend and voting rights as other common stock, are considered issued and outstanding shares of Entergy upon vesting, and are expensed ratably over the three-year vesting period. One-third of the restricted stock awards and accrued dividends will vest upon each anniversary of the grant date. In addition, long-term incentive awards were also granted in the form of performance units that represent the value of, and are settled with, one share of Entergy Corporation common stock at the end of the three-year performance period, plus dividends accrued during the performance period on the number of performance units earned. To emphasize the importance of strong cash generation for the long-term health of its business, a credit measure – adjusted funds from operations/debt ratio – was selected for the 2022-2024 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 27, 2022 and eighty percent were valued at $138.99 per share based on various factors, primarily market conditions; and twenty percent were valued at $109.59 per share, the closing price of Entergy’s common stock on that date. Performance units have the same dividend rights as shares of Entergy common stock and are considered issued and outstanding shares of Entergy upon vesting. Performance units are expensed ratably over the three-year vesting period and compensation cost for the portion of the award based on cumulative adjusted earnings per share will be adjusted based on the number of units that ultimately vest. See Note 12 to the financial statements in the Form 10-K for a description of the Long-Term Performance Unit Program. The following table includes financial information for other outstanding equity awards for the three months ended June 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s consolidated net income $10.6 $9.7 Tax benefit recognized in Entergy’s consolidated net income $2.7 $2.5 Compensation cost capitalized as part of fixed assets and materials and supplies $4.3 $4.0 The following table includes financial information for other outstanding equity awards for the six months ended June 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s net income $22.0 $20.5 Tax benefit recognized in Entergy’s net income $5.6 $5.2 Compensation cost capitalized as part of fixed assets and materials and supplies $8.7 $8.0

Retirement And Other Postretire

Retirement And Other Postretirement Benefits	6 Months Ended
	Jun. 30, 2022
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $36,977 $42,951 Interest cost on projected benefit obligation 52,676 47,382 Expected return on assets (103,085) (106,039) Amortization of net loss 56,413 92,799 Settlement charges 22,653 111,549 Net pension costs $65,634 $188,642 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $74,637 $88,191 Interest cost on projected benefit obligation 103,795 93,480 Expected return on assets (206,692) (211,753) Amortization of net loss 116,992 197,190 Settlement charges 22,653 111,549 Net pension costs $111,385 $278,657 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $7,255 $9,759 $2,304 $774 $1,757 $2,253 Interest cost on projected benefit obligation 8,752 9,864 2,571 1,079 2,052 2,236 Expected return on assets (19,640) (22,516) (5,600) (2,641) (5,272) (4,804) Amortization of net loss 18,250 17,890 5,309 2,069 3,415 4,933 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $39,003 $49,989 $12,346 $4,866 $8,578 $9,256 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $14,674 $19,803 $4,668 $1,569 $3,557 $4,566 Interest cost on projected benefit obligation 17,092 19,425 5,034 2,108 4,002 4,378 Expected return on assets (39,311) (45,055) (11,186) (5,263) (10,510) (9,583) Amortization of net loss 37,552 37,093 10,976 4,340 7,126 10,258 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $54,393 $66,258 $17,254 $6,339 $10,801 $14,257 Non-Qualified Net Pension Cost Entergy recognized $7.2 million and $4.6 million in pension cost for its non-qualified pension plans in the second quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2022 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. In the second quarter of 2021, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $17.4 million and $9.2 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2022 were settlement charges of $7.8 million related to the payment of lump sum benefits out of the plan. For the six months ended June 30, 2021, there were no settlement charges 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 second quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $71 $26 $79 $27 $88 2021 $90 $44 $96 $8 $115 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $143 $53 $161 $56 $303 2021 $180 $88 $192 $16 $230 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $6,184 $6,645 Interest cost on accumulated postretirement benefit obligation (APBO) 6,827 5,320 Expected return on assets (10,855) (10,805) Amortization of prior service credit (6,388) (8,267) Amortization of net loss 1,083 713 Net other postretirement benefit income ($3,149) ($6,394) Entergy’s other postretirement benefit income, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $12,368 $13,290 Interest cost on accumulated postretirement benefit obligation (APBO) 13,654 10,640 Expected return on assets (21,710) (21,610) Amortization of prior service credit (12,776) (16,534) Amortization of net loss 2,166 1,426 Net other postretirement benefit income ($6,298) ($12,788) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost/(credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefit cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) 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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost/(credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefit cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,068 $3,088 $724 $218 $692 $670 Interest cost on APBO 1,864 2,260 556 260 634 440 Expected return on assets (9,010) — (2,768) (2,876) (5,096) (1,578) Amortization of prior service credit (560) (2,460) (888) (458) (1,872) (218) Amortization of net (gain) loss 98 (182) 38 (356) 200 30 Net other postretirement benefit cost (income) ($5,540) $2,706 ($2,338) ($3,212) ($5,442) ($656) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — — ($178) ($671) $1,344 ($1) $672 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (26,443) (496) (595) (27,534) Settlement loss (6,043) — — (6,043) ($32,486) $4,792 ($635) ($28,329) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (716) 91 (1) (626) Settlement loss (1,400) — — (1,400) ($2,116) $1,321 ($1) ($796) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) Settlement loss (178) — — (178) ($1,175) $2,688 ($2) $1,511 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,576 ($80) $10,496 Amortization of net loss (59,883) (990) (1,190) (62,063) Settlement loss (6,043) — — (6,043) ($65,926) $9,586 ($1,270) ($57,610) Entergy Louisiana Amortization of prior service credit $— $2,460 $— $2,460 Amortization of net gain (loss) (1,484) 182 (3) (1,305) Settlement loss (1,400) — — (1,400) ($2,884) $2,642 ($3) ($245) Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Cost Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2022 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy each participate in the Entergy Corporation Retirement Plan for 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, and Entergy Mississippi each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the base rate case that was filed with the PUCT in July 2022 and a reasonable amortization period will be determined by the PUCT. At June 30, 2022, the balance in this reserve was approximately $15.7 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $200 million to its qualified pension plans in 2022. As of June 30, 2022, Entergy had contributed $101 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 2022: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2022 pension contributions $40,840 $22,917 $12,852 $922 $1,924 $12,760 Pension contributions made through June 2022 $21,532 $13,410 $5,442 $922 $1,486 $6,187 Remaining estimated pension contributions to be made in 2022 $19,308 $9,507 $7,410 $— $438 $6,573
Entergy Arkansas [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $36,977 $42,951 Interest cost on projected benefit obligation 52,676 47,382 Expected return on assets (103,085) (106,039) Amortization of net loss 56,413 92,799 Settlement charges 22,653 111,549 Net pension costs $65,634 $188,642 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $74,637 $88,191 Interest cost on projected benefit obligation 103,795 93,480 Expected return on assets (206,692) (211,753) Amortization of net loss 116,992 197,190 Settlement charges 22,653 111,549 Net pension costs $111,385 $278,657 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $7,255 $9,759 $2,304 $774 $1,757 $2,253 Interest cost on projected benefit obligation 8,752 9,864 2,571 1,079 2,052 2,236 Expected return on assets (19,640) (22,516) (5,600) (2,641) (5,272) (4,804) Amortization of net loss 18,250 17,890 5,309 2,069 3,415 4,933 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $39,003 $49,989 $12,346 $4,866 $8,578 $9,256 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $14,674 $19,803 $4,668 $1,569 $3,557 $4,566 Interest cost on projected benefit obligation 17,092 19,425 5,034 2,108 4,002 4,378 Expected return on assets (39,311) (45,055) (11,186) (5,263) (10,510) (9,583) Amortization of net loss 37,552 37,093 10,976 4,340 7,126 10,258 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $54,393 $66,258 $17,254 $6,339 $10,801 $14,257 Non-Qualified Net Pension Cost Entergy recognized $7.2 million and $4.6 million in pension cost for its non-qualified pension plans in the second quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2022 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. In the second quarter of 2021, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $17.4 million and $9.2 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2022 were settlement charges of $7.8 million related to the payment of lump sum benefits out of the plan. For the six months ended June 30, 2021, there were no settlement charges 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 second quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $71 $26 $79 $27 $88 2021 $90 $44 $96 $8 $115 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $143 $53 $161 $56 $303 2021 $180 $88 $192 $16 $230 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $6,184 $6,645 Interest cost on accumulated postretirement benefit obligation (APBO) 6,827 5,320 Expected return on assets (10,855) (10,805) Amortization of prior service credit (6,388) (8,267) Amortization of net loss 1,083 713 Net other postretirement benefit income ($3,149) ($6,394) Entergy’s other postretirement benefit income, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $12,368 $13,290 Interest cost on accumulated postretirement benefit obligation (APBO) 13,654 10,640 Expected return on assets (21,710) (21,610) Amortization of prior service credit (12,776) (16,534) Amortization of net loss 2,166 1,426 Net other postretirement benefit income ($6,298) ($12,788) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost/(credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefit cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) 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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost/(credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefit cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,068 $3,088 $724 $218 $692 $670 Interest cost on APBO 1,864 2,260 556 260 634 440 Expected return on assets (9,010) — (2,768) (2,876) (5,096) (1,578) Amortization of prior service credit (560) (2,460) (888) (458) (1,872) (218) Amortization of net (gain) loss 98 (182) 38 (356) 200 30 Net other postretirement benefit cost (income) ($5,540) $2,706 ($2,338) ($3,212) ($5,442) ($656) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — — ($178) ($671) $1,344 ($1) $672 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (26,443) (496) (595) (27,534) Settlement loss (6,043) — — (6,043) ($32,486) $4,792 ($635) ($28,329) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (716) 91 (1) (626) Settlement loss (1,400) — — (1,400) ($2,116) $1,321 ($1) ($796) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) Settlement loss (178) — — (178) ($1,175) $2,688 ($2) $1,511 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,576 ($80) $10,496 Amortization of net loss (59,883) (990) (1,190) (62,063) Settlement loss (6,043) — — (6,043) ($65,926) $9,586 ($1,270) ($57,610) Entergy Louisiana Amortization of prior service credit $— $2,460 $— $2,460 Amortization of net gain (loss) (1,484) 182 (3) (1,305) Settlement loss (1,400) — — (1,400) ($2,884) $2,642 ($3) ($245) Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Cost Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2022 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy each participate in the Entergy Corporation Retirement Plan for 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, and Entergy Mississippi each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the base rate case that was filed with the PUCT in July 2022 and a reasonable amortization period will be determined by the PUCT. At June 30, 2022, the balance in this reserve was approximately $15.7 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $200 million to its qualified pension plans in 2022. As of June 30, 2022, Entergy had contributed $101 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 2022: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2022 pension contributions $40,840 $22,917 $12,852 $922 $1,924 $12,760 Pension contributions made through June 2022 $21,532 $13,410 $5,442 $922 $1,486 $6,187 Remaining estimated pension contributions to be made in 2022 $19,308 $9,507 $7,410 $— $438 $6,573
Entergy Louisiana [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $36,977 $42,951 Interest cost on projected benefit obligation 52,676 47,382 Expected return on assets (103,085) (106,039) Amortization of net loss 56,413 92,799 Settlement charges 22,653 111,549 Net pension costs $65,634 $188,642 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $74,637 $88,191 Interest cost on projected benefit obligation 103,795 93,480 Expected return on assets (206,692) (211,753) Amortization of net loss 116,992 197,190 Settlement charges 22,653 111,549 Net pension costs $111,385 $278,657 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $7,255 $9,759 $2,304 $774 $1,757 $2,253 Interest cost on projected benefit obligation 8,752 9,864 2,571 1,079 2,052 2,236 Expected return on assets (19,640) (22,516) (5,600) (2,641) (5,272) (4,804) Amortization of net loss 18,250 17,890 5,309 2,069 3,415 4,933 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $39,003 $49,989 $12,346 $4,866 $8,578 $9,256 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $14,674 $19,803 $4,668 $1,569 $3,557 $4,566 Interest cost on projected benefit obligation 17,092 19,425 5,034 2,108 4,002 4,378 Expected return on assets (39,311) (45,055) (11,186) (5,263) (10,510) (9,583) Amortization of net loss 37,552 37,093 10,976 4,340 7,126 10,258 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $54,393 $66,258 $17,254 $6,339 $10,801 $14,257 Non-Qualified Net Pension Cost Entergy recognized $7.2 million and $4.6 million in pension cost for its non-qualified pension plans in the second quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2022 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. In the second quarter of 2021, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $17.4 million and $9.2 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2022 were settlement charges of $7.8 million related to the payment of lump sum benefits out of the plan. For the six months ended June 30, 2021, there were no settlement charges 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 second quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $71 $26 $79 $27 $88 2021 $90 $44 $96 $8 $115 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $143 $53 $161 $56 $303 2021 $180 $88 $192 $16 $230 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $6,184 $6,645 Interest cost on accumulated postretirement benefit obligation (APBO) 6,827 5,320 Expected return on assets (10,855) (10,805) Amortization of prior service credit (6,388) (8,267) Amortization of net loss 1,083 713 Net other postretirement benefit income ($3,149) ($6,394) Entergy’s other postretirement benefit income, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $12,368 $13,290 Interest cost on accumulated postretirement benefit obligation (APBO) 13,654 10,640 Expected return on assets (21,710) (21,610) Amortization of prior service credit (12,776) (16,534) Amortization of net loss 2,166 1,426 Net other postretirement benefit income ($6,298) ($12,788) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost/(credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefit cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) 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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost/(credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefit cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,068 $3,088 $724 $218 $692 $670 Interest cost on APBO 1,864 2,260 556 260 634 440 Expected return on assets (9,010) — (2,768) (2,876) (5,096) (1,578) Amortization of prior service credit (560) (2,460) (888) (458) (1,872) (218) Amortization of net (gain) loss 98 (182) 38 (356) 200 30 Net other postretirement benefit cost (income) ($5,540) $2,706 ($2,338) ($3,212) ($5,442) ($656) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — — ($178) ($671) $1,344 ($1) $672 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (26,443) (496) (595) (27,534) Settlement loss (6,043) — — (6,043) ($32,486) $4,792 ($635) ($28,329) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (716) 91 (1) (626) Settlement loss (1,400) — — (1,400) ($2,116) $1,321 ($1) ($796) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) Settlement loss (178) — — (178) ($1,175) $2,688 ($2) $1,511 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,576 ($80) $10,496 Amortization of net loss (59,883) (990) (1,190) (62,063) Settlement loss (6,043) — — (6,043) ($65,926) $9,586 ($1,270) ($57,610) Entergy Louisiana Amortization of prior service credit $— $2,460 $— $2,460 Amortization of net gain (loss) (1,484) 182 (3) (1,305) Settlement loss (1,400) — — (1,400) ($2,884) $2,642 ($3) ($245) Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Cost Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2022 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy each participate in the Entergy Corporation Retirement Plan for 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, and Entergy Mississippi each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the base rate case that was filed with the PUCT in July 2022 and a reasonable amortization period will be determined by the PUCT. At June 30, 2022, the balance in this reserve was approximately $15.7 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $200 million to its qualified pension plans in 2022. As of June 30, 2022, Entergy had contributed $101 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 2022: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2022 pension contributions $40,840 $22,917 $12,852 $922 $1,924 $12,760 Pension contributions made through June 2022 $21,532 $13,410 $5,442 $922 $1,486 $6,187 Remaining estimated pension contributions to be made in 2022 $19,308 $9,507 $7,410 $— $438 $6,573
Entergy Mississippi [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $36,977 $42,951 Interest cost on projected benefit obligation 52,676 47,382 Expected return on assets (103,085) (106,039) Amortization of net loss 56,413 92,799 Settlement charges 22,653 111,549 Net pension costs $65,634 $188,642 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $74,637 $88,191 Interest cost on projected benefit obligation 103,795 93,480 Expected return on assets (206,692) (211,753) Amortization of net loss 116,992 197,190 Settlement charges 22,653 111,549 Net pension costs $111,385 $278,657 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $7,255 $9,759 $2,304 $774 $1,757 $2,253 Interest cost on projected benefit obligation 8,752 9,864 2,571 1,079 2,052 2,236 Expected return on assets (19,640) (22,516) (5,600) (2,641) (5,272) (4,804) Amortization of net loss 18,250 17,890 5,309 2,069 3,415 4,933 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $39,003 $49,989 $12,346 $4,866 $8,578 $9,256 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $14,674 $19,803 $4,668 $1,569 $3,557 $4,566 Interest cost on projected benefit obligation 17,092 19,425 5,034 2,108 4,002 4,378 Expected return on assets (39,311) (45,055) (11,186) (5,263) (10,510) (9,583) Amortization of net loss 37,552 37,093 10,976 4,340 7,126 10,258 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $54,393 $66,258 $17,254 $6,339 $10,801 $14,257 Non-Qualified Net Pension Cost Entergy recognized $7.2 million and $4.6 million in pension cost for its non-qualified pension plans in the second quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2022 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. In the second quarter of 2021, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $17.4 million and $9.2 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2022 were settlement charges of $7.8 million related to the payment of lump sum benefits out of the plan. For the six months ended June 30, 2021, there were no settlement charges 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 second quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $71 $26 $79 $27 $88 2021 $90 $44 $96 $8 $115 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $143 $53 $161 $56 $303 2021 $180 $88 $192 $16 $230 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $6,184 $6,645 Interest cost on accumulated postretirement benefit obligation (APBO) 6,827 5,320 Expected return on assets (10,855) (10,805) Amortization of prior service credit (6,388) (8,267) Amortization of net loss 1,083 713 Net other postretirement benefit income ($3,149) ($6,394) Entergy’s other postretirement benefit income, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $12,368 $13,290 Interest cost on accumulated postretirement benefit obligation (APBO) 13,654 10,640 Expected return on assets (21,710) (21,610) Amortization of prior service credit (12,776) (16,534) Amortization of net loss 2,166 1,426 Net other postretirement benefit income ($6,298) ($12,788) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost/(credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefit cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) 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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost/(credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefit cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,068 $3,088 $724 $218 $692 $670 Interest cost on APBO 1,864 2,260 556 260 634 440 Expected return on assets (9,010) — (2,768) (2,876) (5,096) (1,578) Amortization of prior service credit (560) (2,460) (888) (458) (1,872) (218) Amortization of net (gain) loss 98 (182) 38 (356) 200 30 Net other postretirement benefit cost (income) ($5,540) $2,706 ($2,338) ($3,212) ($5,442) ($656) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — — ($178) ($671) $1,344 ($1) $672 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (26,443) (496) (595) (27,534) Settlement loss (6,043) — — (6,043) ($32,486) $4,792 ($635) ($28,329) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (716) 91 (1) (626) Settlement loss (1,400) — — (1,400) ($2,116) $1,321 ($1) ($796) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) Settlement loss (178) — — (178) ($1,175) $2,688 ($2) $1,511 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,576 ($80) $10,496 Amortization of net loss (59,883) (990) (1,190) (62,063) Settlement loss (6,043) — — (6,043) ($65,926) $9,586 ($1,270) ($57,610) Entergy Louisiana Amortization of prior service credit $— $2,460 $— $2,460 Amortization of net gain (loss) (1,484) 182 (3) (1,305) Settlement loss (1,400) — — (1,400) ($2,884) $2,642 ($3) ($245) Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Cost Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2022 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy each participate in the Entergy Corporation Retirement Plan for 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, and Entergy Mississippi each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the base rate case that was filed with the PUCT in July 2022 and a reasonable amortization period will be determined by the PUCT. At June 30, 2022, the balance in this reserve was approximately $15.7 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $200 million to its qualified pension plans in 2022. As of June 30, 2022, Entergy had contributed $101 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 2022: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2022 pension contributions $40,840 $22,917 $12,852 $922 $1,924 $12,760 Pension contributions made through June 2022 $21,532 $13,410 $5,442 $922 $1,486 $6,187 Remaining estimated pension contributions to be made in 2022 $19,308 $9,507 $7,410 $— $438 $6,573
Entergy New Orleans [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $36,977 $42,951 Interest cost on projected benefit obligation 52,676 47,382 Expected return on assets (103,085) (106,039) Amortization of net loss 56,413 92,799 Settlement charges 22,653 111,549 Net pension costs $65,634 $188,642 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $74,637 $88,191 Interest cost on projected benefit obligation 103,795 93,480 Expected return on assets (206,692) (211,753) Amortization of net loss 116,992 197,190 Settlement charges 22,653 111,549 Net pension costs $111,385 $278,657 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $7,255 $9,759 $2,304 $774 $1,757 $2,253 Interest cost on projected benefit obligation 8,752 9,864 2,571 1,079 2,052 2,236 Expected return on assets (19,640) (22,516) (5,600) (2,641) (5,272) (4,804) Amortization of net loss 18,250 17,890 5,309 2,069 3,415 4,933 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $39,003 $49,989 $12,346 $4,866 $8,578 $9,256 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $14,674 $19,803 $4,668 $1,569 $3,557 $4,566 Interest cost on projected benefit obligation 17,092 19,425 5,034 2,108 4,002 4,378 Expected return on assets (39,311) (45,055) (11,186) (5,263) (10,510) (9,583) Amortization of net loss 37,552 37,093 10,976 4,340 7,126 10,258 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $54,393 $66,258 $17,254 $6,339 $10,801 $14,257 Non-Qualified Net Pension Cost Entergy recognized $7.2 million and $4.6 million in pension cost for its non-qualified pension plans in the second quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2022 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. In the second quarter of 2021, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $17.4 million and $9.2 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2022 were settlement charges of $7.8 million related to the payment of lump sum benefits out of the plan. For the six months ended June 30, 2021, there were no settlement charges 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 second quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $71 $26 $79 $27 $88 2021 $90 $44 $96 $8 $115 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $143 $53 $161 $56 $303 2021 $180 $88 $192 $16 $230 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $6,184 $6,645 Interest cost on accumulated postretirement benefit obligation (APBO) 6,827 5,320 Expected return on assets (10,855) (10,805) Amortization of prior service credit (6,388) (8,267) Amortization of net loss 1,083 713 Net other postretirement benefit income ($3,149) ($6,394) Entergy’s other postretirement benefit income, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $12,368 $13,290 Interest cost on accumulated postretirement benefit obligation (APBO) 13,654 10,640 Expected return on assets (21,710) (21,610) Amortization of prior service credit (12,776) (16,534) Amortization of net loss 2,166 1,426 Net other postretirement benefit income ($6,298) ($12,788) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost/(credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefit cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) 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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost/(credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefit cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,068 $3,088 $724 $218 $692 $670 Interest cost on APBO 1,864 2,260 556 260 634 440 Expected return on assets (9,010) — (2,768) (2,876) (5,096) (1,578) Amortization of prior service credit (560) (2,460) (888) (458) (1,872) (218) Amortization of net (gain) loss 98 (182) 38 (356) 200 30 Net other postretirement benefit cost (income) ($5,540) $2,706 ($2,338) ($3,212) ($5,442) ($656) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — — ($178) ($671) $1,344 ($1) $672 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (26,443) (496) (595) (27,534) Settlement loss (6,043) — — (6,043) ($32,486) $4,792 ($635) ($28,329) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (716) 91 (1) (626) Settlement loss (1,400) — — (1,400) ($2,116) $1,321 ($1) ($796) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) Settlement loss (178) — — (178) ($1,175) $2,688 ($2) $1,511 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,576 ($80) $10,496 Amortization of net loss (59,883) (990) (1,190) (62,063) Settlement loss (6,043) — — (6,043) ($65,926) $9,586 ($1,270) ($57,610) Entergy Louisiana Amortization of prior service credit $— $2,460 $— $2,460 Amortization of net gain (loss) (1,484) 182 (3) (1,305) Settlement loss (1,400) — — (1,400) ($2,884) $2,642 ($3) ($245) Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Cost Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2022 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy each participate in the Entergy Corporation Retirement Plan for 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, and Entergy Mississippi each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the base rate case that was filed with the PUCT in July 2022 and a reasonable amortization period will be determined by the PUCT. At June 30, 2022, the balance in this reserve was approximately $15.7 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $200 million to its qualified pension plans in 2022. As of June 30, 2022, Entergy had contributed $101 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 2022: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2022 pension contributions $40,840 $22,917 $12,852 $922 $1,924 $12,760 Pension contributions made through June 2022 $21,532 $13,410 $5,442 $922 $1,486 $6,187 Remaining estimated pension contributions to be made in 2022 $19,308 $9,507 $7,410 $— $438 $6,573
Entergy Texas [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $36,977 $42,951 Interest cost on projected benefit obligation 52,676 47,382 Expected return on assets (103,085) (106,039) Amortization of net loss 56,413 92,799 Settlement charges 22,653 111,549 Net pension costs $65,634 $188,642 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $74,637 $88,191 Interest cost on projected benefit obligation 103,795 93,480 Expected return on assets (206,692) (211,753) Amortization of net loss 116,992 197,190 Settlement charges 22,653 111,549 Net pension costs $111,385 $278,657 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $7,255 $9,759 $2,304 $774 $1,757 $2,253 Interest cost on projected benefit obligation 8,752 9,864 2,571 1,079 2,052 2,236 Expected return on assets (19,640) (22,516) (5,600) (2,641) (5,272) (4,804) Amortization of net loss 18,250 17,890 5,309 2,069 3,415 4,933 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $39,003 $49,989 $12,346 $4,866 $8,578 $9,256 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $14,674 $19,803 $4,668 $1,569 $3,557 $4,566 Interest cost on projected benefit obligation 17,092 19,425 5,034 2,108 4,002 4,378 Expected return on assets (39,311) (45,055) (11,186) (5,263) (10,510) (9,583) Amortization of net loss 37,552 37,093 10,976 4,340 7,126 10,258 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $54,393 $66,258 $17,254 $6,339 $10,801 $14,257 Non-Qualified Net Pension Cost Entergy recognized $7.2 million and $4.6 million in pension cost for its non-qualified pension plans in the second quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2022 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. In the second quarter of 2021, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $17.4 million and $9.2 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2022 were settlement charges of $7.8 million related to the payment of lump sum benefits out of the plan. For the six months ended June 30, 2021, there were no settlement charges 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 second quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $71 $26 $79 $27 $88 2021 $90 $44 $96 $8 $115 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $143 $53 $161 $56 $303 2021 $180 $88 $192 $16 $230 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $6,184 $6,645 Interest cost on accumulated postretirement benefit obligation (APBO) 6,827 5,320 Expected return on assets (10,855) (10,805) Amortization of prior service credit (6,388) (8,267) Amortization of net loss 1,083 713 Net other postretirement benefit income ($3,149) ($6,394) Entergy’s other postretirement benefit income, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $12,368 $13,290 Interest cost on accumulated postretirement benefit obligation (APBO) 13,654 10,640 Expected return on assets (21,710) (21,610) Amortization of prior service credit (12,776) (16,534) Amortization of net loss 2,166 1,426 Net other postretirement benefit income ($6,298) ($12,788) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost/(credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefit cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) 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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost/(credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefit cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,068 $3,088 $724 $218 $692 $670 Interest cost on APBO 1,864 2,260 556 260 634 440 Expected return on assets (9,010) — (2,768) (2,876) (5,096) (1,578) Amortization of prior service credit (560) (2,460) (888) (458) (1,872) (218) Amortization of net (gain) loss 98 (182) 38 (356) 200 30 Net other postretirement benefit cost (income) ($5,540) $2,706 ($2,338) ($3,212) ($5,442) ($656) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — — ($178) ($671) $1,344 ($1) $672 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (26,443) (496) (595) (27,534) Settlement loss (6,043) — — (6,043) ($32,486) $4,792 ($635) ($28,329) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (716) 91 (1) (626) Settlement loss (1,400) — — (1,400) ($2,116) $1,321 ($1) ($796) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) Settlement loss (178) — — (178) ($1,175) $2,688 ($2) $1,511 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,576 ($80) $10,496 Amortization of net loss (59,883) (990) (1,190) (62,063) Settlement loss (6,043) — — (6,043) ($65,926) $9,586 ($1,270) ($57,610) Entergy Louisiana Amortization of prior service credit $— $2,460 $— $2,460 Amortization of net gain (loss) (1,484) 182 (3) (1,305) Settlement loss (1,400) — — (1,400) ($2,884) $2,642 ($3) ($245) Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Cost Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2022 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy each participate in the Entergy Corporation Retirement Plan for 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, and Entergy Mississippi each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the base rate case that was filed with the PUCT in July 2022 and a reasonable amortization period will be determined by the PUCT. At June 30, 2022, the balance in this reserve was approximately $15.7 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $200 million to its qualified pension plans in 2022. As of June 30, 2022, Entergy had contributed $101 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 2022: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2022 pension contributions $40,840 $22,917 $12,852 $922 $1,924 $12,760 Pension contributions made through June 2022 $21,532 $13,410 $5,442 $922 $1,486 $6,187 Remaining estimated pension contributions to be made in 2022 $19,308 $9,507 $7,410 $— $438 $6,573
System Energy [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $36,977 $42,951 Interest cost on projected benefit obligation 52,676 47,382 Expected return on assets (103,085) (106,039) Amortization of net loss 56,413 92,799 Settlement charges 22,653 111,549 Net pension costs $65,634 $188,642 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $74,637 $88,191 Interest cost on projected benefit obligation 103,795 93,480 Expected return on assets (206,692) (211,753) Amortization of net loss 116,992 197,190 Settlement charges 22,653 111,549 Net pension costs $111,385 $278,657 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $7,255 $9,759 $2,304 $774 $1,757 $2,253 Interest cost on projected benefit obligation 8,752 9,864 2,571 1,079 2,052 2,236 Expected return on assets (19,640) (22,516) (5,600) (2,641) (5,272) (4,804) Amortization of net loss 18,250 17,890 5,309 2,069 3,415 4,933 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $39,003 $49,989 $12,346 $4,866 $8,578 $9,256 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $14,674 $19,803 $4,668 $1,569 $3,557 $4,566 Interest cost on projected benefit obligation 17,092 19,425 5,034 2,108 4,002 4,378 Expected return on assets (39,311) (45,055) (11,186) (5,263) (10,510) (9,583) Amortization of net loss 37,552 37,093 10,976 4,340 7,126 10,258 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $54,393 $66,258 $17,254 $6,339 $10,801 $14,257 Non-Qualified Net Pension Cost Entergy recognized $7.2 million and $4.6 million in pension cost for its non-qualified pension plans in the second quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2022 were settlement charges of $2.5 million related to the payment of lump sum benefits out of the plan. In the second quarter of 2021, there were no settlement charges related to the payment of lump sum benefits out of the plan. Entergy recognized $17.4 million and $9.2 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2022 were settlement charges of $7.8 million related to the payment of lump sum benefits out of the plan. For the six months ended June 30, 2021, there were no settlement charges 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 second quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $71 $26 $79 $27 $88 2021 $90 $44 $96 $8 $115 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $143 $53 $161 $56 $303 2021 $180 $88 $192 $16 $230 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $6,184 $6,645 Interest cost on accumulated postretirement benefit obligation (APBO) 6,827 5,320 Expected return on assets (10,855) (10,805) Amortization of prior service credit (6,388) (8,267) Amortization of net loss 1,083 713 Net other postretirement benefit income ($3,149) ($6,394) Entergy’s other postretirement benefit income, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $12,368 $13,290 Interest cost on accumulated postretirement benefit obligation (APBO) 13,654 10,640 Expected return on assets (21,710) (21,610) Amortization of prior service credit (12,776) (16,534) Amortization of net loss 2,166 1,426 Net other postretirement benefit income ($6,298) ($12,788) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost/(credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefit cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) 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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost/(credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefit cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,068 $3,088 $724 $218 $692 $670 Interest cost on APBO 1,864 2,260 556 260 634 440 Expected return on assets (9,010) — (2,768) (2,876) (5,096) (1,578) Amortization of prior service credit (560) (2,460) (888) (458) (1,872) (218) Amortization of net (gain) loss 98 (182) 38 (356) 200 30 Net other postretirement benefit cost (income) ($5,540) $2,706 ($2,338) ($3,212) ($5,442) ($656) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — — ($178) ($671) $1,344 ($1) $672 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (26,443) (496) (595) (27,534) Settlement loss (6,043) — — (6,043) ($32,486) $4,792 ($635) ($28,329) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (716) 91 (1) (626) Settlement loss (1,400) — — (1,400) ($2,116) $1,321 ($1) ($796) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) Settlement loss (178) — — (178) ($1,175) $2,688 ($2) $1,511 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,576 ($80) $10,496 Amortization of net loss (59,883) (990) (1,190) (62,063) Settlement loss (6,043) — — (6,043) ($65,926) $9,586 ($1,270) ($57,610) Entergy Louisiana Amortization of prior service credit $— $2,460 $— $2,460 Amortization of net gain (loss) (1,484) 182 (3) (1,305) Settlement loss (1,400) — — (1,400) ($2,884) $2,642 ($3) ($245) Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Qualified Pension Settlement Cost Year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2022 service and interest cost, resulting in settlement costs. In accordance with accounting standards, settlement accounting requires immediate recognition of the portion of previously unrecognized losses associated with the settled portion of the plan’s pension liability. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy each participate in the Entergy Corporation Retirement Plan for 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, and Entergy Mississippi each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the base rate case that was filed with the PUCT in July 2022 and a reasonable amortization period will be determined by the PUCT. At June 30, 2022, the balance in this reserve was approximately $15.7 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $200 million to its qualified pension plans in 2022. As of June 30, 2022, Entergy had contributed $101 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 2022: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2022 pension contributions $40,840 $22,917 $12,852 $922 $1,924 $12,760 Pension contributions made through June 2022 $21,532 $13,410 $5,442 $922 $1,486 $6,187 Remaining estimated pension contributions to be made in 2022 $19,308 $9,507 $7,410 $— $438 $6,573

Business Segment Information

Business Segment Information	6 Months Ended
	Jun. 30, 2022
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 June 30, 2022 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 and Note 14 to the financial statements herein for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants. With the sale of Palisades in June 2022, Entergy completed its multi-year strategy to exit the merchant nuclear power business. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the second quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $3,306,269 $88,933 $— ($6) $3,395,196 Income taxes ($371,704) $25,233 ($13,172) $— ($359,643) Consolidated net income (loss) $156,548 $87,386 ($36,672) ($43,251) $164,011 2021 Operating revenues $2,673,385 $148,656 $31 ($2) $2,822,070 Income taxes $71,360 ($71,696) ($18,080) $— ($18,416) Consolidated net income (loss) $329,936 ($274,648) ($24,784) ($31,898) ($1,394) Entergy’s segment financial information for the six months ended June 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $6,034,425 $238,711 $— ($14) $6,273,122 Income taxes ($296,346) $28,089 ($24,888) $— ($293,145) Consolidated net income (loss) $499,704 $95,245 ($76,148) ($75,197) $443,604 Total assets as of June 30, 2022 $60,525,686 $528,296 $548,740 ($3,775,143) $57,827,579 2021 Operating revenues $5,270,000 $396,874 $54 ($21) $5,666,907 Income taxes $131,094 ($56,135) ($27,433) $— $47,526 Consolidated net income (loss) $690,535 ($236,525) ($52,464) ($63,796) $337,750 Total assets as of December 31, 2021 $59,733,625 $1,242,675 $561,168 ($2,083,226) $59,454,242 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management implemented a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which included the shutdown and sale of all plants in its merchant nuclear fleet. With the sale of Palisades in June 2022, Entergy has exited the merchant nuclear power business. The decisions to shut down these plants and the related 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 second quarters of 2022 and 2021 were comprised of the following: 2022 2021 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of April 1, $41 $— $41 $157 $14 $171 Restructuring costs accrued (1) — (1) (6) 1 (5) Cash paid out — — — 118 15 133 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the second quarter 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $342 million in the second quarter 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2022 and 2021 were comprised of the following: 2022 2021 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, $37 $— $37 $145 $14 $159 Restructuring costs accrued 3 — 3 7 1 8 Cash paid out — — — 119 15 134 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the six months ended June 30, 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $345 million in the six months ended June 30, 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Entergy expects to incur employee retention and severance expenses associated with its exit from the Entergy Wholesale Commodities merchant power business of approximately $5 million in 2022, of which $3 million has been incurred as of June 30, 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 June 30, 2022 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 and Note 14 to the financial statements herein for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants. With the sale of Palisades in June 2022, Entergy completed its multi-year strategy to exit the merchant nuclear power business. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the second quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $3,306,269 $88,933 $— ($6) $3,395,196 Income taxes ($371,704) $25,233 ($13,172) $— ($359,643) Consolidated net income (loss) $156,548 $87,386 ($36,672) ($43,251) $164,011 2021 Operating revenues $2,673,385 $148,656 $31 ($2) $2,822,070 Income taxes $71,360 ($71,696) ($18,080) $— ($18,416) Consolidated net income (loss) $329,936 ($274,648) ($24,784) ($31,898) ($1,394) Entergy’s segment financial information for the six months ended June 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $6,034,425 $238,711 $— ($14) $6,273,122 Income taxes ($296,346) $28,089 ($24,888) $— ($293,145) Consolidated net income (loss) $499,704 $95,245 ($76,148) ($75,197) $443,604 Total assets as of June 30, 2022 $60,525,686 $528,296 $548,740 ($3,775,143) $57,827,579 2021 Operating revenues $5,270,000 $396,874 $54 ($21) $5,666,907 Income taxes $131,094 ($56,135) ($27,433) $— $47,526 Consolidated net income (loss) $690,535 ($236,525) ($52,464) ($63,796) $337,750 Total assets as of December 31, 2021 $59,733,625 $1,242,675 $561,168 ($2,083,226) $59,454,242 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management implemented a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which included the shutdown and sale of all plants in its merchant nuclear fleet. With the sale of Palisades in June 2022, Entergy has exited the merchant nuclear power business. The decisions to shut down these plants and the related 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 second quarters of 2022 and 2021 were comprised of the following: 2022 2021 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of April 1, $41 $— $41 $157 $14 $171 Restructuring costs accrued (1) — (1) (6) 1 (5) Cash paid out — — — 118 15 133 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the second quarter 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $342 million in the second quarter 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2022 and 2021 were comprised of the following: 2022 2021 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, $37 $— $37 $145 $14 $159 Restructuring costs accrued 3 — 3 7 1 8 Cash paid out — — — 119 15 134 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the six months ended June 30, 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $345 million in the six months ended June 30, 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Entergy expects to incur employee retention and severance expenses associated with its exit from the Entergy Wholesale Commodities merchant power business of approximately $5 million in 2022, of which $3 million has been incurred as of June 30, 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 June 30, 2022 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 and Note 14 to the financial statements herein for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants. With the sale of Palisades in June 2022, Entergy completed its multi-year strategy to exit the merchant nuclear power business. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the second quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $3,306,269 $88,933 $— ($6) $3,395,196 Income taxes ($371,704) $25,233 ($13,172) $— ($359,643) Consolidated net income (loss) $156,548 $87,386 ($36,672) ($43,251) $164,011 2021 Operating revenues $2,673,385 $148,656 $31 ($2) $2,822,070 Income taxes $71,360 ($71,696) ($18,080) $— ($18,416) Consolidated net income (loss) $329,936 ($274,648) ($24,784) ($31,898) ($1,394) Entergy’s segment financial information for the six months ended June 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $6,034,425 $238,711 $— ($14) $6,273,122 Income taxes ($296,346) $28,089 ($24,888) $— ($293,145) Consolidated net income (loss) $499,704 $95,245 ($76,148) ($75,197) $443,604 Total assets as of June 30, 2022 $60,525,686 $528,296 $548,740 ($3,775,143) $57,827,579 2021 Operating revenues $5,270,000 $396,874 $54 ($21) $5,666,907 Income taxes $131,094 ($56,135) ($27,433) $— $47,526 Consolidated net income (loss) $690,535 ($236,525) ($52,464) ($63,796) $337,750 Total assets as of December 31, 2021 $59,733,625 $1,242,675 $561,168 ($2,083,226) $59,454,242 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management implemented a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which included the shutdown and sale of all plants in its merchant nuclear fleet. With the sale of Palisades in June 2022, Entergy has exited the merchant nuclear power business. The decisions to shut down these plants and the related 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 second quarters of 2022 and 2021 were comprised of the following: 2022 2021 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of April 1, $41 $— $41 $157 $14 $171 Restructuring costs accrued (1) — (1) (6) 1 (5) Cash paid out — — — 118 15 133 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the second quarter 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $342 million in the second quarter 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2022 and 2021 were comprised of the following: 2022 2021 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, $37 $— $37 $145 $14 $159 Restructuring costs accrued 3 — 3 7 1 8 Cash paid out — — — 119 15 134 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the six months ended June 30, 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $345 million in the six months ended June 30, 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Entergy expects to incur employee retention and severance expenses associated with its exit from the Entergy Wholesale Commodities merchant power business of approximately $5 million in 2022, of which $3 million has been incurred as of June 30, 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 June 30, 2022 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 and Note 14 to the financial statements herein for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants. With the sale of Palisades in June 2022, Entergy completed its multi-year strategy to exit the merchant nuclear power business. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the second quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $3,306,269 $88,933 $— ($6) $3,395,196 Income taxes ($371,704) $25,233 ($13,172) $— ($359,643) Consolidated net income (loss) $156,548 $87,386 ($36,672) ($43,251) $164,011 2021 Operating revenues $2,673,385 $148,656 $31 ($2) $2,822,070 Income taxes $71,360 ($71,696) ($18,080) $— ($18,416) Consolidated net income (loss) $329,936 ($274,648) ($24,784) ($31,898) ($1,394) Entergy’s segment financial information for the six months ended June 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $6,034,425 $238,711 $— ($14) $6,273,122 Income taxes ($296,346) $28,089 ($24,888) $— ($293,145) Consolidated net income (loss) $499,704 $95,245 ($76,148) ($75,197) $443,604 Total assets as of June 30, 2022 $60,525,686 $528,296 $548,740 ($3,775,143) $57,827,579 2021 Operating revenues $5,270,000 $396,874 $54 ($21) $5,666,907 Income taxes $131,094 ($56,135) ($27,433) $— $47,526 Consolidated net income (loss) $690,535 ($236,525) ($52,464) ($63,796) $337,750 Total assets as of December 31, 2021 $59,733,625 $1,242,675 $561,168 ($2,083,226) $59,454,242 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management implemented a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which included the shutdown and sale of all plants in its merchant nuclear fleet. With the sale of Palisades in June 2022, Entergy has exited the merchant nuclear power business. The decisions to shut down these plants and the related 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 second quarters of 2022 and 2021 were comprised of the following: 2022 2021 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of April 1, $41 $— $41 $157 $14 $171 Restructuring costs accrued (1) — (1) (6) 1 (5) Cash paid out — — — 118 15 133 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the second quarter 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $342 million in the second quarter 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2022 and 2021 were comprised of the following: 2022 2021 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, $37 $— $37 $145 $14 $159 Restructuring costs accrued 3 — 3 7 1 8 Cash paid out — — — 119 15 134 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the six months ended June 30, 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $345 million in the six months ended June 30, 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Entergy expects to incur employee retention and severance expenses associated with its exit from the Entergy Wholesale Commodities merchant power business of approximately $5 million in 2022, of which $3 million has been incurred as of June 30, 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 June 30, 2022 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 and Note 14 to the financial statements herein for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants. With the sale of Palisades in June 2022, Entergy completed its multi-year strategy to exit the merchant nuclear power business. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the second quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $3,306,269 $88,933 $— ($6) $3,395,196 Income taxes ($371,704) $25,233 ($13,172) $— ($359,643) Consolidated net income (loss) $156,548 $87,386 ($36,672) ($43,251) $164,011 2021 Operating revenues $2,673,385 $148,656 $31 ($2) $2,822,070 Income taxes $71,360 ($71,696) ($18,080) $— ($18,416) Consolidated net income (loss) $329,936 ($274,648) ($24,784) ($31,898) ($1,394) Entergy’s segment financial information for the six months ended June 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $6,034,425 $238,711 $— ($14) $6,273,122 Income taxes ($296,346) $28,089 ($24,888) $— ($293,145) Consolidated net income (loss) $499,704 $95,245 ($76,148) ($75,197) $443,604 Total assets as of June 30, 2022 $60,525,686 $528,296 $548,740 ($3,775,143) $57,827,579 2021 Operating revenues $5,270,000 $396,874 $54 ($21) $5,666,907 Income taxes $131,094 ($56,135) ($27,433) $— $47,526 Consolidated net income (loss) $690,535 ($236,525) ($52,464) ($63,796) $337,750 Total assets as of December 31, 2021 $59,733,625 $1,242,675 $561,168 ($2,083,226) $59,454,242 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management implemented a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which included the shutdown and sale of all plants in its merchant nuclear fleet. With the sale of Palisades in June 2022, Entergy has exited the merchant nuclear power business. The decisions to shut down these plants and the related 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 second quarters of 2022 and 2021 were comprised of the following: 2022 2021 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of April 1, $41 $— $41 $157 $14 $171 Restructuring costs accrued (1) — (1) (6) 1 (5) Cash paid out — — — 118 15 133 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the second quarter 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $342 million in the second quarter 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2022 and 2021 were comprised of the following: 2022 2021 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, $37 $— $37 $145 $14 $159 Restructuring costs accrued 3 — 3 7 1 8 Cash paid out — — — 119 15 134 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the six months ended June 30, 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $345 million in the six months ended June 30, 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Entergy expects to incur employee retention and severance expenses associated with its exit from the Entergy Wholesale Commodities merchant power business of approximately $5 million in 2022, of which $3 million has been incurred as of June 30, 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 June 30, 2022 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 and Note 14 to the financial statements herein for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants. With the sale of Palisades in June 2022, Entergy completed its multi-year strategy to exit the merchant nuclear power business. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the second quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $3,306,269 $88,933 $— ($6) $3,395,196 Income taxes ($371,704) $25,233 ($13,172) $— ($359,643) Consolidated net income (loss) $156,548 $87,386 ($36,672) ($43,251) $164,011 2021 Operating revenues $2,673,385 $148,656 $31 ($2) $2,822,070 Income taxes $71,360 ($71,696) ($18,080) $— ($18,416) Consolidated net income (loss) $329,936 ($274,648) ($24,784) ($31,898) ($1,394) Entergy’s segment financial information for the six months ended June 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $6,034,425 $238,711 $— ($14) $6,273,122 Income taxes ($296,346) $28,089 ($24,888) $— ($293,145) Consolidated net income (loss) $499,704 $95,245 ($76,148) ($75,197) $443,604 Total assets as of June 30, 2022 $60,525,686 $528,296 $548,740 ($3,775,143) $57,827,579 2021 Operating revenues $5,270,000 $396,874 $54 ($21) $5,666,907 Income taxes $131,094 ($56,135) ($27,433) $— $47,526 Consolidated net income (loss) $690,535 ($236,525) ($52,464) ($63,796) $337,750 Total assets as of December 31, 2021 $59,733,625 $1,242,675 $561,168 ($2,083,226) $59,454,242 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management implemented a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which included the shutdown and sale of all plants in its merchant nuclear fleet. With the sale of Palisades in June 2022, Entergy has exited the merchant nuclear power business. The decisions to shut down these plants and the related 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 second quarters of 2022 and 2021 were comprised of the following: 2022 2021 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of April 1, $41 $— $41 $157 $14 $171 Restructuring costs accrued (1) — (1) (6) 1 (5) Cash paid out — — — 118 15 133 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the second quarter 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $342 million in the second quarter 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2022 and 2021 were comprised of the following: 2022 2021 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, $37 $— $37 $145 $14 $159 Restructuring costs accrued 3 — 3 7 1 8 Cash paid out — — — 119 15 134 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the six months ended June 30, 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $345 million in the six months ended June 30, 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Entergy expects to incur employee retention and severance expenses associated with its exit from the Entergy Wholesale Commodities merchant power business of approximately $5 million in 2022, of which $3 million has been incurred as of June 30, 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 June 30, 2022 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 and Note 14 to the financial statements herein for discussion of the shutdown and sale of each of the Entergy Wholesale Commodities nuclear power plants. With the sale of Palisades in June 2022, Entergy completed its multi-year strategy to exit the merchant nuclear power business. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the second quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $3,306,269 $88,933 $— ($6) $3,395,196 Income taxes ($371,704) $25,233 ($13,172) $— ($359,643) Consolidated net income (loss) $156,548 $87,386 ($36,672) ($43,251) $164,011 2021 Operating revenues $2,673,385 $148,656 $31 ($2) $2,822,070 Income taxes $71,360 ($71,696) ($18,080) $— ($18,416) Consolidated net income (loss) $329,936 ($274,648) ($24,784) ($31,898) ($1,394) Entergy’s segment financial information for the six months ended June 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $6,034,425 $238,711 $— ($14) $6,273,122 Income taxes ($296,346) $28,089 ($24,888) $— ($293,145) Consolidated net income (loss) $499,704 $95,245 ($76,148) ($75,197) $443,604 Total assets as of June 30, 2022 $60,525,686 $528,296 $548,740 ($3,775,143) $57,827,579 2021 Operating revenues $5,270,000 $396,874 $54 ($21) $5,666,907 Income taxes $131,094 ($56,135) ($27,433) $— $47,526 Consolidated net income (loss) $690,535 ($236,525) ($52,464) ($63,796) $337,750 Total assets as of December 31, 2021 $59,733,625 $1,242,675 $561,168 ($2,083,226) $59,454,242 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management implemented a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which included the shutdown and sale of all plants in its merchant nuclear fleet. With the sale of Palisades in June 2022, Entergy has exited the merchant nuclear power business. The decisions to shut down these plants and the related 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 second quarters of 2022 and 2021 were comprised of the following: 2022 2021 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of April 1, $41 $— $41 $157 $14 $171 Restructuring costs accrued (1) — (1) (6) 1 (5) Cash paid out — — — 118 15 133 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the second quarter 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $342 million in the second quarter 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2022 and 2021 were comprised of the following: 2022 2021 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, $37 $— $37 $145 $14 $159 Restructuring costs accrued 3 — 3 7 1 8 Cash paid out — — — 119 15 134 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the six months ended June 30, 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $345 million in the six months ended June 30, 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Entergy expects to incur employee retention and severance expenses associated with its exit from the Entergy Wholesale Commodities merchant power business of approximately $5 million in 2022, of which $3 million has been incurred as of June 30, 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	6 Months Ended
	Jun. 30, 2022
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 was 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. 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. 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 contained provisions that required 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 was an Entergy Corporation guarantee. If the Entergy Corporation credit rating fell below investment grade, Entergy would have had to post collateral equal to the estimated outstanding liability under the contract at the applicable date. There were no outstanding derivative contracts held by Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. As of June 30, 2022, $12 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. As of December 31, 2021, $8 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2022 is 1.75 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of June 30, 2022 is 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2022 is 27,681,400 MMBtu for Entergy, including 12,800,000 MMBtu for Entergy Louisiana, 14,771,300 MMBtu for Entergy Mississippi, and 110,100 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 2022, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2022 through May 31, 2023. 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 June 30, 2022 is 135,179 GWh for Entergy, including 30,477 GWh for Entergy Arkansas, 61,242 GWh for Entergy Louisiana, 14,621 GWh for Entergy Mississippi, 5,720 GWh for Entergy New Orleans, and 22,950 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. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi and Entergy Texas as of June 30, 2022 and as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 2022 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 $37 $— $37 Utility Natural gas swaps and options Other deferred debits and other assets $9 $— $9 Utility Financial transmission rights Prepayments and other $13 ($1) $12 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2021 are shown in the table below. 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 $6 $— $6 Utility Natural gas swaps and options Other deferred debits and other assets $5 $— $5 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities $7 $— $7 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 $12 million posted as of June 30, 2022 and $8 million posted as of December 31, 2021. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2022. As discussed above, 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. For the three months ended June 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations for the six months ended June 30, 2021 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) Electricity swaps and options $2 Competitive businesses operating revenues $40 (a) Before taxes of $8 million for the six months ended June 30, 2021 Prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments, Entergy may have effectively liquidated 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 would have continued to be deferred in other comprehensive income until they were included in income as the original hedged transaction occurred. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract were recorded as assets or liabilities on the balance sheet and offset as they flowed through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $23 Financial transmission rights Purchased power expense (b) $37 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $18 Financial transmission rights Purchased power expense (b) $16 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $78 Financial transmission rights Purchased power (b) $60 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $25 Financial transmission rights Purchased power (b) $144 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments in April 2021. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2022 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 $16.1 $— $16.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.7 $— $8.7 Entergy Louisiana Natural gas swaps Prepayments and other $20.6 $— $20.6 Entergy Mississippi Financial transmission rights Prepayments and other $4.5 ($0.1) $4.4 Entergy Arkansas Financial transmission rights Prepayments and other $5.3 ($0.6) $4.7 Entergy Louisiana Financial transmission rights Prepayments and other $0.5 $— $0.5 Entergy Mississippi Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 ($0.2) $1.5 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2021 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 $5.7 $— $5.7 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $5.3 $— $5.3 Entergy Louisiana Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Arkansas Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.1 $— $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $6.7 $— $6.7 Entergy Mississippi Natural gas swaps Other current liabilities $0.5 $— $0.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. As of December 31, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi and $0.1 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $1.0 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $4.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $13.2 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.9 (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 $4.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.9 (a) Entergy New Orleans Financial transmission rights Purchased power $23.5 (b) Entergy Arkansas Financial transmission rights Purchased power $25.5 (b) Entergy Louisiana Financial transmission rights Purchased power $3.2 (b) Entergy Mississippi Financial transmission rights Purchased power $2.4 (b) Entergy New Orleans Financial transmission rights Purchased power $4.9 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $6.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $18.3 (a) Entergy Mississippi Financial transmission rights Purchased power $29.5 (b) Entergy Arkansas Financial transmission rights Purchased power $18.2 (b) Entergy Louisiana Financial transmission rights Purchased power $7.9 (b) Entergy Mississippi Financial transmission rights Purchased power $2.0 (b) Entergy New Orleans Financial transmission rights Purchased power $82.7 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. 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. The values for power contract assets or liabilities prior to expiration in April 2021 were 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 were classified as Level 3 assets and liabilities. The valuations of these assets and liabilities were 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 included: 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 was also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performed 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 were based on the estimated amount that the contracts were 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 equaled the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts included cash flow hedges that swapped fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values were 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 were recorded as derivative contract assets or liabilities. For contracts that had unit contingent terms, a further discount was 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 were valued based on a Black Scholes model, and were calculated at the end of each month for accounting purposes. Inputs to the valuation included end of day forward market prices for the period when the transactions settled, 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 were reviewed and could be adjusted if it was determined that there was a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculated the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validated forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences were analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options were also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirmed the mark-to-market calculations and prepared price scenarios and credit downgrade scenario analysis. The scenario analysis was communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis was completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects were calculated for this analysis. This analysis was communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth,
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 was 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. 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. 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 contained provisions that required 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 was an Entergy Corporation guarantee. If the Entergy Corporation credit rating fell below investment grade, Entergy would have had to post collateral equal to the estimated outstanding liability under the contract at the applicable date. There were no outstanding derivative contracts held by Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. As of June 30, 2022, $12 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. As of December 31, 2021, $8 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2022 is 1.75 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of June 30, 2022 is 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2022 is 27,681,400 MMBtu for Entergy, including 12,800,000 MMBtu for Entergy Louisiana, 14,771,300 MMBtu for Entergy Mississippi, and 110,100 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 2022, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2022 through May 31, 2023. 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 June 30, 2022 is 135,179 GWh for Entergy, including 30,477 GWh for Entergy Arkansas, 61,242 GWh for Entergy Louisiana, 14,621 GWh for Entergy Mississippi, 5,720 GWh for Entergy New Orleans, and 22,950 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. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi and Entergy Texas as of June 30, 2022 and as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 2022 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 $37 $— $37 Utility Natural gas swaps and options Other deferred debits and other assets $9 $— $9 Utility Financial transmission rights Prepayments and other $13 ($1) $12 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2021 are shown in the table below. 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 $6 $— $6 Utility Natural gas swaps and options Other deferred debits and other assets $5 $— $5 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities $7 $— $7 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 $12 million posted as of June 30, 2022 and $8 million posted as of December 31, 2021. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2022. As discussed above, 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. For the three months ended June 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations for the six months ended June 30, 2021 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) Electricity swaps and options $2 Competitive businesses operating revenues $40 (a) Before taxes of $8 million for the six months ended June 30, 2021 Prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments, Entergy may have effectively liquidated 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 would have continued to be deferred in other comprehensive income until they were included in income as the original hedged transaction occurred. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract were recorded as assets or liabilities on the balance sheet and offset as they flowed through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $23 Financial transmission rights Purchased power expense (b) $37 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $18 Financial transmission rights Purchased power expense (b) $16 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $78 Financial transmission rights Purchased power (b) $60 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $25 Financial transmission rights Purchased power (b) $144 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments in April 2021. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2022 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 $16.1 $— $16.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.7 $— $8.7 Entergy Louisiana Natural gas swaps Prepayments and other $20.6 $— $20.6 Entergy Mississippi Financial transmission rights Prepayments and other $4.5 ($0.1) $4.4 Entergy Arkansas Financial transmission rights Prepayments and other $5.3 ($0.6) $4.7 Entergy Louisiana Financial transmission rights Prepayments and other $0.5 $— $0.5 Entergy Mississippi Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 ($0.2) $1.5 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2021 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 $5.7 $— $5.7 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $5.3 $— $5.3 Entergy Louisiana Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Arkansas Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.1 $— $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $6.7 $— $6.7 Entergy Mississippi Natural gas swaps Other current liabilities $0.5 $— $0.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. As of December 31, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi and $0.1 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $1.0 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $4.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $13.2 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.9 (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 $4.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.9 (a) Entergy New Orleans Financial transmission rights Purchased power $23.5 (b) Entergy Arkansas Financial transmission rights Purchased power $25.5 (b) Entergy Louisiana Financial transmission rights Purchased power $3.2 (b) Entergy Mississippi Financial transmission rights Purchased power $2.4 (b) Entergy New Orleans Financial transmission rights Purchased power $4.9 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $6.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $18.3 (a) Entergy Mississippi Financial transmission rights Purchased power $29.5 (b) Entergy Arkansas Financial transmission rights Purchased power $18.2 (b) Entergy Louisiana Financial transmission rights Purchased power $7.9 (b) Entergy Mississippi Financial transmission rights Purchased power $2.0 (b) Entergy New Orleans Financial transmission rights Purchased power $82.7 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. 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. The values for power contract assets or liabilities prior to expiration in April 2021 were 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 were classified as Level 3 assets and liabilities. The valuations of these assets and liabilities were 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 included: 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 was also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performed 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 were based on the estimated amount that the contracts were 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 equaled the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts included cash flow hedges that swapped fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values were 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 were recorded as derivative contract assets or liabilities. For contracts that had unit contingent terms, a further discount was 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 were valued based on a Black Scholes model, and were calculated at the end of each month for accounting purposes. Inputs to the valuation included end of day forward market prices for the period when the transactions settled, 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 were reviewed and could be adjusted if it was determined that there was a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculated the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validated forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences were analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options were also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirmed the mark-to-market calculations and prepared price scenarios and credit downgrade scenario analysis. The scenario analysis was communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis was completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects were calculated for this analysis. This analysis was communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth,
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 was 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. 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. 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 contained provisions that required 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 was an Entergy Corporation guarantee. If the Entergy Corporation credit rating fell below investment grade, Entergy would have had to post collateral equal to the estimated outstanding liability under the contract at the applicable date. There were no outstanding derivative contracts held by Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. As of June 30, 2022, $12 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. As of December 31, 2021, $8 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2022 is 1.75 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of June 30, 2022 is 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2022 is 27,681,400 MMBtu for Entergy, including 12,800,000 MMBtu for Entergy Louisiana, 14,771,300 MMBtu for Entergy Mississippi, and 110,100 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 2022, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2022 through May 31, 2023. 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 June 30, 2022 is 135,179 GWh for Entergy, including 30,477 GWh for Entergy Arkansas, 61,242 GWh for Entergy Louisiana, 14,621 GWh for Entergy Mississippi, 5,720 GWh for Entergy New Orleans, and 22,950 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. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi and Entergy Texas as of June 30, 2022 and as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 2022 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 $37 $— $37 Utility Natural gas swaps and options Other deferred debits and other assets $9 $— $9 Utility Financial transmission rights Prepayments and other $13 ($1) $12 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2021 are shown in the table below. 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 $6 $— $6 Utility Natural gas swaps and options Other deferred debits and other assets $5 $— $5 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities $7 $— $7 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 $12 million posted as of June 30, 2022 and $8 million posted as of December 31, 2021. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2022. As discussed above, 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. For the three months ended June 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations for the six months ended June 30, 2021 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) Electricity swaps and options $2 Competitive businesses operating revenues $40 (a) Before taxes of $8 million for the six months ended June 30, 2021 Prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments, Entergy may have effectively liquidated 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 would have continued to be deferred in other comprehensive income until they were included in income as the original hedged transaction occurred. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract were recorded as assets or liabilities on the balance sheet and offset as they flowed through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $23 Financial transmission rights Purchased power expense (b) $37 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $18 Financial transmission rights Purchased power expense (b) $16 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $78 Financial transmission rights Purchased power (b) $60 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $25 Financial transmission rights Purchased power (b) $144 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments in April 2021. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2022 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 $16.1 $— $16.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.7 $— $8.7 Entergy Louisiana Natural gas swaps Prepayments and other $20.6 $— $20.6 Entergy Mississippi Financial transmission rights Prepayments and other $4.5 ($0.1) $4.4 Entergy Arkansas Financial transmission rights Prepayments and other $5.3 ($0.6) $4.7 Entergy Louisiana Financial transmission rights Prepayments and other $0.5 $— $0.5 Entergy Mississippi Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 ($0.2) $1.5 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2021 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 $5.7 $— $5.7 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $5.3 $— $5.3 Entergy Louisiana Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Arkansas Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.1 $— $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $6.7 $— $6.7 Entergy Mississippi Natural gas swaps Other current liabilities $0.5 $— $0.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. As of December 31, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi and $0.1 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $1.0 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $4.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $13.2 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.9 (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 $4.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.9 (a) Entergy New Orleans Financial transmission rights Purchased power $23.5 (b) Entergy Arkansas Financial transmission rights Purchased power $25.5 (b) Entergy Louisiana Financial transmission rights Purchased power $3.2 (b) Entergy Mississippi Financial transmission rights Purchased power $2.4 (b) Entergy New Orleans Financial transmission rights Purchased power $4.9 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $6.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $18.3 (a) Entergy Mississippi Financial transmission rights Purchased power $29.5 (b) Entergy Arkansas Financial transmission rights Purchased power $18.2 (b) Entergy Louisiana Financial transmission rights Purchased power $7.9 (b) Entergy Mississippi Financial transmission rights Purchased power $2.0 (b) Entergy New Orleans Financial transmission rights Purchased power $82.7 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. 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. The values for power contract assets or liabilities prior to expiration in April 2021 were 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 were classified as Level 3 assets and liabilities. The valuations of these assets and liabilities were 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 included: 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 was also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performed 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 were based on the estimated amount that the contracts were 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 equaled the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts included cash flow hedges that swapped fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values were 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 were recorded as derivative contract assets or liabilities. For contracts that had unit contingent terms, a further discount was 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 were valued based on a Black Scholes model, and were calculated at the end of each month for accounting purposes. Inputs to the valuation included end of day forward market prices for the period when the transactions settled, 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 were reviewed and could be adjusted if it was determined that there was a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculated the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validated forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences were analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options were also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirmed the mark-to-market calculations and prepared price scenarios and credit downgrade scenario analysis. The scenario analysis was communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis was completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects were calculated for this analysis. This analysis was communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth,
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 was 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. 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. 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 contained provisions that required 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 was an Entergy Corporation guarantee. If the Entergy Corporation credit rating fell below investment grade, Entergy would have had to post collateral equal to the estimated outstanding liability under the contract at the applicable date. There were no outstanding derivative contracts held by Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. As of June 30, 2022, $12 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. As of December 31, 2021, $8 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2022 is 1.75 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of June 30, 2022 is 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2022 is 27,681,400 MMBtu for Entergy, including 12,800,000 MMBtu for Entergy Louisiana, 14,771,300 MMBtu for Entergy Mississippi, and 110,100 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 2022, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2022 through May 31, 2023. 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 June 30, 2022 is 135,179 GWh for Entergy, including 30,477 GWh for Entergy Arkansas, 61,242 GWh for Entergy Louisiana, 14,621 GWh for Entergy Mississippi, 5,720 GWh for Entergy New Orleans, and 22,950 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. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi and Entergy Texas as of June 30, 2022 and as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 2022 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 $37 $— $37 Utility Natural gas swaps and options Other deferred debits and other assets $9 $— $9 Utility Financial transmission rights Prepayments and other $13 ($1) $12 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2021 are shown in the table below. 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 $6 $— $6 Utility Natural gas swaps and options Other deferred debits and other assets $5 $— $5 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities $7 $— $7 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 $12 million posted as of June 30, 2022 and $8 million posted as of December 31, 2021. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2022. As discussed above, 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. For the three months ended June 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations for the six months ended June 30, 2021 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) Electricity swaps and options $2 Competitive businesses operating revenues $40 (a) Before taxes of $8 million for the six months ended June 30, 2021 Prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments, Entergy may have effectively liquidated 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 would have continued to be deferred in other comprehensive income until they were included in income as the original hedged transaction occurred. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract were recorded as assets or liabilities on the balance sheet and offset as they flowed through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $23 Financial transmission rights Purchased power expense (b) $37 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $18 Financial transmission rights Purchased power expense (b) $16 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $78 Financial transmission rights Purchased power (b) $60 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $25 Financial transmission rights Purchased power (b) $144 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments in April 2021. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2022 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 $16.1 $— $16.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.7 $— $8.7 Entergy Louisiana Natural gas swaps Prepayments and other $20.6 $— $20.6 Entergy Mississippi Financial transmission rights Prepayments and other $4.5 ($0.1) $4.4 Entergy Arkansas Financial transmission rights Prepayments and other $5.3 ($0.6) $4.7 Entergy Louisiana Financial transmission rights Prepayments and other $0.5 $— $0.5 Entergy Mississippi Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 ($0.2) $1.5 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2021 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 $5.7 $— $5.7 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $5.3 $— $5.3 Entergy Louisiana Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Arkansas Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.1 $— $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $6.7 $— $6.7 Entergy Mississippi Natural gas swaps Other current liabilities $0.5 $— $0.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. As of December 31, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi and $0.1 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $1.0 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $4.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $13.2 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.9 (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 $4.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.9 (a) Entergy New Orleans Financial transmission rights Purchased power $23.5 (b) Entergy Arkansas Financial transmission rights Purchased power $25.5 (b) Entergy Louisiana Financial transmission rights Purchased power $3.2 (b) Entergy Mississippi Financial transmission rights Purchased power $2.4 (b) Entergy New Orleans Financial transmission rights Purchased power $4.9 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $6.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $18.3 (a) Entergy Mississippi Financial transmission rights Purchased power $29.5 (b) Entergy Arkansas Financial transmission rights Purchased power $18.2 (b) Entergy Louisiana Financial transmission rights Purchased power $7.9 (b) Entergy Mississippi Financial transmission rights Purchased power $2.0 (b) Entergy New Orleans Financial transmission rights Purchased power $82.7 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. 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. The values for power contract assets or liabilities prior to expiration in April 2021 were 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 were classified as Level 3 assets and liabilities. The valuations of these assets and liabilities were 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 included: 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 was also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performed 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 were based on the estimated amount that the contracts were 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 equaled the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts included cash flow hedges that swapped fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values were 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 were recorded as derivative contract assets or liabilities. For contracts that had unit contingent terms, a further discount was 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 were valued based on a Black Scholes model, and were calculated at the end of each month for accounting purposes. Inputs to the valuation included end of day forward market prices for the period when the transactions settled, 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 were reviewed and could be adjusted if it was determined that there was a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculated the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validated forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences were analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options were also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirmed the mark-to-market calculations and prepared price scenarios and credit downgrade scenario analysis. The scenario analysis was communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis was completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects were calculated for this analysis. This analysis was communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth,
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 was 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. 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. 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 contained provisions that required 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 was an Entergy Corporation guarantee. If the Entergy Corporation credit rating fell below investment grade, Entergy would have had to post collateral equal to the estimated outstanding liability under the contract at the applicable date. There were no outstanding derivative contracts held by Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. As of June 30, 2022, $12 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. As of December 31, 2021, $8 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2022 is 1.75 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of June 30, 2022 is 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2022 is 27,681,400 MMBtu for Entergy, including 12,800,000 MMBtu for Entergy Louisiana, 14,771,300 MMBtu for Entergy Mississippi, and 110,100 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 2022, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2022 through May 31, 2023. 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 June 30, 2022 is 135,179 GWh for Entergy, including 30,477 GWh for Entergy Arkansas, 61,242 GWh for Entergy Louisiana, 14,621 GWh for Entergy Mississippi, 5,720 GWh for Entergy New Orleans, and 22,950 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. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi and Entergy Texas as of June 30, 2022 and as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 2022 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 $37 $— $37 Utility Natural gas swaps and options Other deferred debits and other assets $9 $— $9 Utility Financial transmission rights Prepayments and other $13 ($1) $12 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2021 are shown in the table below. 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 $6 $— $6 Utility Natural gas swaps and options Other deferred debits and other assets $5 $— $5 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities $7 $— $7 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 $12 million posted as of June 30, 2022 and $8 million posted as of December 31, 2021. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2022. As discussed above, 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. For the three months ended June 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations for the six months ended June 30, 2021 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) Electricity swaps and options $2 Competitive businesses operating revenues $40 (a) Before taxes of $8 million for the six months ended June 30, 2021 Prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments, Entergy may have effectively liquidated 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 would have continued to be deferred in other comprehensive income until they were included in income as the original hedged transaction occurred. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract were recorded as assets or liabilities on the balance sheet and offset as they flowed through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $23 Financial transmission rights Purchased power expense (b) $37 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $18 Financial transmission rights Purchased power expense (b) $16 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $78 Financial transmission rights Purchased power (b) $60 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $25 Financial transmission rights Purchased power (b) $144 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments in April 2021. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2022 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 $16.1 $— $16.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.7 $— $8.7 Entergy Louisiana Natural gas swaps Prepayments and other $20.6 $— $20.6 Entergy Mississippi Financial transmission rights Prepayments and other $4.5 ($0.1) $4.4 Entergy Arkansas Financial transmission rights Prepayments and other $5.3 ($0.6) $4.7 Entergy Louisiana Financial transmission rights Prepayments and other $0.5 $— $0.5 Entergy Mississippi Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 ($0.2) $1.5 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2021 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 $5.7 $— $5.7 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $5.3 $— $5.3 Entergy Louisiana Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Arkansas Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.1 $— $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $6.7 $— $6.7 Entergy Mississippi Natural gas swaps Other current liabilities $0.5 $— $0.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. As of December 31, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi and $0.1 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $1.0 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $4.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $13.2 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.9 (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 $4.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.9 (a) Entergy New Orleans Financial transmission rights Purchased power $23.5 (b) Entergy Arkansas Financial transmission rights Purchased power $25.5 (b) Entergy Louisiana Financial transmission rights Purchased power $3.2 (b) Entergy Mississippi Financial transmission rights Purchased power $2.4 (b) Entergy New Orleans Financial transmission rights Purchased power $4.9 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $6.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $18.3 (a) Entergy Mississippi Financial transmission rights Purchased power $29.5 (b) Entergy Arkansas Financial transmission rights Purchased power $18.2 (b) Entergy Louisiana Financial transmission rights Purchased power $7.9 (b) Entergy Mississippi Financial transmission rights Purchased power $2.0 (b) Entergy New Orleans Financial transmission rights Purchased power $82.7 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. 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. The values for power contract assets or liabilities prior to expiration in April 2021 were 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 were classified as Level 3 assets and liabilities. The valuations of these assets and liabilities were 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 included: 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 was also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performed 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 were based on the estimated amount that the contracts were 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 equaled the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts included cash flow hedges that swapped fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values were 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 were recorded as derivative contract assets or liabilities. For contracts that had unit contingent terms, a further discount was 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 were valued based on a Black Scholes model, and were calculated at the end of each month for accounting purposes. Inputs to the valuation included end of day forward market prices for the period when the transactions settled, 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 were reviewed and could be adjusted if it was determined that there was a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculated the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validated forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences were analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options were also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirmed the mark-to-market calculations and prepared price scenarios and credit downgrade scenario analysis. The scenario analysis was communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis was completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects were calculated for this analysis. This analysis was communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth,
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 was 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. 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. 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 contained provisions that required 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 was an Entergy Corporation guarantee. If the Entergy Corporation credit rating fell below investment grade, Entergy would have had to post collateral equal to the estimated outstanding liability under the contract at the applicable date. There were no outstanding derivative contracts held by Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. As of June 30, 2022, $12 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. As of December 31, 2021, $8 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2022 is 1.75 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of June 30, 2022 is 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2022 is 27,681,400 MMBtu for Entergy, including 12,800,000 MMBtu for Entergy Louisiana, 14,771,300 MMBtu for Entergy Mississippi, and 110,100 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 2022, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2022 through May 31, 2023. 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 June 30, 2022 is 135,179 GWh for Entergy, including 30,477 GWh for Entergy Arkansas, 61,242 GWh for Entergy Louisiana, 14,621 GWh for Entergy Mississippi, 5,720 GWh for Entergy New Orleans, and 22,950 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. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi and Entergy Texas as of June 30, 2022 and as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 2022 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 $37 $— $37 Utility Natural gas swaps and options Other deferred debits and other assets $9 $— $9 Utility Financial transmission rights Prepayments and other $13 ($1) $12 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2021 are shown in the table below. 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 $6 $— $6 Utility Natural gas swaps and options Other deferred debits and other assets $5 $— $5 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities $7 $— $7 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 $12 million posted as of June 30, 2022 and $8 million posted as of December 31, 2021. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2022. As discussed above, 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. For the three months ended June 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations for the six months ended June 30, 2021 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) Electricity swaps and options $2 Competitive businesses operating revenues $40 (a) Before taxes of $8 million for the six months ended June 30, 2021 Prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments, Entergy may have effectively liquidated 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 would have continued to be deferred in other comprehensive income until they were included in income as the original hedged transaction occurred. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract were recorded as assets or liabilities on the balance sheet and offset as they flowed through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $23 Financial transmission rights Purchased power expense (b) $37 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $18 Financial transmission rights Purchased power expense (b) $16 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $78 Financial transmission rights Purchased power (b) $60 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $25 Financial transmission rights Purchased power (b) $144 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments in April 2021. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2022 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 $16.1 $— $16.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.7 $— $8.7 Entergy Louisiana Natural gas swaps Prepayments and other $20.6 $— $20.6 Entergy Mississippi Financial transmission rights Prepayments and other $4.5 ($0.1) $4.4 Entergy Arkansas Financial transmission rights Prepayments and other $5.3 ($0.6) $4.7 Entergy Louisiana Financial transmission rights Prepayments and other $0.5 $— $0.5 Entergy Mississippi Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 ($0.2) $1.5 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2021 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 $5.7 $— $5.7 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $5.3 $— $5.3 Entergy Louisiana Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Arkansas Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.1 $— $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $6.7 $— $6.7 Entergy Mississippi Natural gas swaps Other current liabilities $0.5 $— $0.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. As of December 31, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi and $0.1 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $1.0 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $4.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $13.2 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.9 (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 $4.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.9 (a) Entergy New Orleans Financial transmission rights Purchased power $23.5 (b) Entergy Arkansas Financial transmission rights Purchased power $25.5 (b) Entergy Louisiana Financial transmission rights Purchased power $3.2 (b) Entergy Mississippi Financial transmission rights Purchased power $2.4 (b) Entergy New Orleans Financial transmission rights Purchased power $4.9 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $6.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $18.3 (a) Entergy Mississippi Financial transmission rights Purchased power $29.5 (b) Entergy Arkansas Financial transmission rights Purchased power $18.2 (b) Entergy Louisiana Financial transmission rights Purchased power $7.9 (b) Entergy Mississippi Financial transmission rights Purchased power $2.0 (b) Entergy New Orleans Financial transmission rights Purchased power $82.7 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. 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. The values for power contract assets or liabilities prior to expiration in April 2021 were 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 were classified as Level 3 assets and liabilities. The valuations of these assets and liabilities were 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 included: 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 was also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performed 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 were based on the estimated amount that the contracts were 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 equaled the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts included cash flow hedges that swapped fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values were 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 were recorded as derivative contract assets or liabilities. For contracts that had unit contingent terms, a further discount was 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 were valued based on a Black Scholes model, and were calculated at the end of each month for accounting purposes. Inputs to the valuation included end of day forward market prices for the period when the transactions settled, 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 were reviewed and could be adjusted if it was determined that there was a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculated the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validated forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences were analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options were also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirmed the mark-to-market calculations and prepared price scenarios and credit downgrade scenario analysis. The scenario analysis was communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis was completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects were calculated for this analysis. This analysis was communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth,
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 was 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. 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. 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 contained provisions that required 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 was an Entergy Corporation guarantee. If the Entergy Corporation credit rating fell below investment grade, Entergy would have had to post collateral equal to the estimated outstanding liability under the contract at the applicable date. There were no outstanding derivative contracts held by Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. As of June 30, 2022, $12 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. As of December 31, 2021, $8 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps and options as of June 30, 2022 is 1.75 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of June 30, 2022 is 6 months, each, for Entergy Mississippi and Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of June 30, 2022 is 27,681,400 MMBtu for Entergy, including 12,800,000 MMBtu for Entergy Louisiana, 14,771,300 MMBtu for Entergy Mississippi, and 110,100 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 2022, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2022 through May 31, 2023. 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 June 30, 2022 is 135,179 GWh for Entergy, including 30,477 GWh for Entergy Arkansas, 61,242 GWh for Entergy Louisiana, 14,621 GWh for Entergy Mississippi, 5,720 GWh for Entergy New Orleans, and 22,950 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. No cash or letters of credit were required to be posted for financial transmission rights exposure for Entergy Wholesale Commodities as of June 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Mississippi and Entergy Texas as of June 30, 2022 and as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 2022 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 $37 $— $37 Utility Natural gas swaps and options Other deferred debits and other assets $9 $— $9 Utility Financial transmission rights Prepayments and other $13 ($1) $12 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2021 are shown in the table below. 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 $6 $— $6 Utility Natural gas swaps and options Other deferred debits and other assets $5 $— $5 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities $7 $— $7 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 $12 million posted as of June 30, 2022 and $8 million posted as of December 31, 2021. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2022. As discussed above, 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. For the three months ended June 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated statements of operations for the six months ended June 30, 2021 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) Electricity swaps and options $2 Competitive businesses operating revenues $40 (a) Before taxes of $8 million for the six months ended June 30, 2021 Prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments, Entergy may have effectively liquidated 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 would have continued to be deferred in other comprehensive income until they were included in income as the original hedged transaction occurred. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract were recorded as assets or liabilities on the balance sheet and offset as they flowed through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $23 Financial transmission rights Purchased power expense (b) $37 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $18 Financial transmission rights Purchased power expense (b) $16 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $78 Financial transmission rights Purchased power (b) $60 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $25 Financial transmission rights Purchased power (b) $144 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments in April 2021. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2022 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 $16.1 $— $16.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.7 $— $8.7 Entergy Louisiana Natural gas swaps Prepayments and other $20.6 $— $20.6 Entergy Mississippi Financial transmission rights Prepayments and other $4.5 ($0.1) $4.4 Entergy Arkansas Financial transmission rights Prepayments and other $5.3 ($0.6) $4.7 Entergy Louisiana Financial transmission rights Prepayments and other $0.5 $— $0.5 Entergy Mississippi Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 ($0.2) $1.5 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2021 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 $5.7 $— $5.7 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $5.3 $— $5.3 Entergy Louisiana Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Arkansas Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.1 $— $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $6.7 $— $6.7 Entergy Mississippi Natural gas swaps Other current liabilities $0.5 $— $0.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. As of December 31, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi and $0.1 million for Entergy Texas. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $1.0 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $4.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $13.2 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.9 (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 $4.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.9 (a) Entergy New Orleans Financial transmission rights Purchased power $23.5 (b) Entergy Arkansas Financial transmission rights Purchased power $25.5 (b) Entergy Louisiana Financial transmission rights Purchased power $3.2 (b) Entergy Mississippi Financial transmission rights Purchased power $2.4 (b) Entergy New Orleans Financial transmission rights Purchased power $4.9 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $6.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $18.3 (a) Entergy Mississippi Financial transmission rights Purchased power $29.5 (b) Entergy Arkansas Financial transmission rights Purchased power $18.2 (b) Entergy Louisiana Financial transmission rights Purchased power $7.9 (b) Entergy Mississippi Financial transmission rights Purchased power $2.0 (b) Entergy New Orleans Financial transmission rights Purchased power $82.7 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. 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. The values for power contract assets or liabilities prior to expiration in April 2021 were 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 were classified as Level 3 assets and liabilities. The valuations of these assets and liabilities were 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 included: 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 was also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performed 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 were based on the estimated amount that the contracts were 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 equaled the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts included cash flow hedges that swapped fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values were 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 were recorded as derivative contract assets or liabilities. For contracts that had unit contingent terms, a further discount was 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 were valued based on a Black Scholes model, and were calculated at the end of each month for accounting purposes. Inputs to the valuation included end of day forward market prices for the period when the transactions settled, 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 were reviewed and could be adjusted if it was determined that there was a better representation of fair value. On a daily basis, the Office of Corporate Risk Oversight calculated the mark-to-market for electricity swaps and options. The Office of Corporate Risk Oversight also validated forward market prices by comparing them to other sources of forward market prices or to settlement prices of actual market transactions. Significant differences were analyzed and potentially adjusted based on these other sources of forward market prices or settlement prices of actual market transactions. Implied volatilities used to value options were also validated using actual counterparty quotes for Entergy Wholesale Commodities transactions when available and compared with other sources of market implied volatilities. Moreover, on a quarterly basis, the Office of Corporate Risk Oversight confirmed the mark-to-market calculations and prepared price scenarios and credit downgrade scenario analysis. The scenario analysis was communicated to senior management within Entergy and within Entergy Wholesale Commodities. Finally, for all proposed derivative transactions, an analysis was completed to assess the risk of adding the proposed derivative to Entergy Wholesale Commodities’ portfolio. In particular, the credit and liquidity effects were calculated for this analysis. This analysis was communicated to senior management within Entergy and Entergy Wholesale Commodities. The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight. The values are calculated internally and verified against the data published by MISO. Entergy’s Entergy Wholesale Commodities Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer. The Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The following tables set forth,

Decommissioning Trust Funds

Decommissioning Trust Funds	6 Months Ended
	Jun. 30, 2022
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, and Grand Gulf. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. As discussed in Note 14 to the financial statements herein, in June 2022, Entergy completed the sale of Palisades to Holtec. As part of the transaction, Entergy transferred the Palisades decommissioning trust fund to Holtec. The disposition-date fair value of the decommissioning trust fund was approximately $552 million. 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 did not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds were recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($481) million and ($647) million, respectively. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $1,692 $4 $157 2021 Debt Securities $2,177 $65 $12 The unrealized gains/(losses) above are reported before deferred taxes of ($1) million as of June 30, 2022 and $2 million as of December 31, 2021 for debt securities. The amortized cost of available-for-sale debt securities was $1,846 million as of June 30, 2022 and $2,125 million as of December 31, 2021. As of June 30, 2022, available-for-sale debt securities had an average coupon rate of approximately 2.86%, an average duration of approximately 6.57 years, and an average maturity of approximately 10.18 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $1,357 $134 $770 $8 More than 12 months 123 23 99 4 Total $1,480 $157 $869 $12 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $65 $— 1 year - 5 years 556 473 5 years - 10 years 501 655 10 years - 15 years 120 389 15 years - 20 years 143 130 20 years+ 307 530 Total $1,692 $2,177 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $333 million and $273 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $1 million and $6 million, respectively, and gross losses of $16 million and $1 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $636 million and $797 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $2 million and $17 million, respectively, and gross losses of $28 million and $12 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 Palisades decommissioning trust fund as of December 31, 2021 was $576 million. 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 June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $484.8 $0.2 $52.2 2021 Debt Securities $526.3 $11.4 $4.7 The amortized cost of available-for-sale debt securities was $536.8 million as of June 30, 2022 and $519.6 million as of December 31, 2021. As of June 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.27%, an average duration of approximately 6.22 years, and an average maturity of approximately 7.53 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($143.5) million and ($193.9) 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 June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $384.2 $40.8 $183.8 $2.9 More than 12 months 64.2 11.4 39.5 1.8 Total $448.4 $52.2 $223.3 $4.7 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $30.1 $— 1 year - 5 years 157.9 91.7 5 years - 10 years 201.4 217.4 10 years - 15 years 43.0 146.0 15 years - 20 years 34.3 35.7 20 years+ 18.1 35.5 Total $484.8 $526.3 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $8.8 million and $12.3 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $0.03 million and $0.7 million, respectively, and gross losses of $0.3 million and $0.1 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $15.9 million and $26.1 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $0.06 million and $1.6 million, respectively, and gross losses of $0.5 million and $0.1 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 June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $733.3 $3.2 $56.0 2021 Debt Securities $794.2 $31.3 $3.3 The amortized cost of available-for-sale debt securities was $786.1 million as of June 30, 2022 and $766.3 million as of December 31, 2021. As of June 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 3.50%, an average duration of approximately 6.78 years, and an average maturity of approximately 12.34 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($202.9) million and ($271.6) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $528.8 $48.5 $206.9 $1.4 More than 12 months 41.8 7.5 42.9 1.9 Total $570.6 $56.0 $249.8 $3.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $25.2 $— 1 year - 5 years 198.9 157.8 5 years - 10 years 156.6 173.0 10 years - 15 years 70.3 123.0 15 years - 20 years 78.5 80.2 20 years+ 203.8 260.2 Total $733.3 $794.2 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $120.3 million and $62.5 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $0.2 million and $1.5 million, respectively, and gross losses of $6.7 million and $0.1 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $240.9 million and $170.9 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $1.1 million and $4.8 million, respectively, and gross losses of $12.2 million and $3.3 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 June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $474.3 $0.2 $49.2 2021 Debt Securities $524.5 $11.8 $2.9 The amortized cost of available-for-sale debt securities was $523.2 million as of June 30, 2022 and $515.6 million as of December 31, 2021. As of June 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.46%, an average duration of approximately 6.61 years, and an average maturity of approximately 9.51 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($134.6) million and ($181.8) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $443.6 $45.1 $276.6 $2.3 More than 12 months 16.7 4.1 11.3 0.6 Total $460.3 $49.2 $287.9 $2.9 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $9.9 $— 1 year - 5 years 199.2 156.8 5 years - 10 years 142.5 161.8 10 years - 15 years 7.2 58.6 15 years - 20 years 29.8 1.9 20 years+ 85.7 145.4 Total $474.3 $524.5 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $67.8 million and $101.6 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $0.1 million and $1.9 million, respectively, and gross losses of $4.6 million and $0.2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $104 million and $175.7 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $0.2 million and $3.1 million, respectively, and gross losses of $5.3 million and $1.8 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy estimates the expected credit losses for its available-for-sale securities based on the current credit rating and remaining life of the securities. To the extent an individual security is determined to be uncollectible, it is written off against this allowance. Entergy’s available-for-sale securities are held in trusts managed by third parties who operate in accordance with agreements that define investment guidelines and place restrictions on the purchases and sales of investments. Specifically, available-for-sale securities are subject to credit worthiness restrictions, with requirements for both the average credit rating of the portfolio and minimum credit ratings for individual debt securities. As of June 30, 2022, Entergy did not record an allowance for expected credit losses related to available-for-sale securities. As of December 31, 2021, Entergy’s allowance for expected credit losses related to available-for-sale securities was $0.4 million. Entergy did not record any impairments of available-for-sale debt securities for the three months ended June 30, 2022. Entergy recorded $1.5 million in impairments of
Entergy Arkansas [Member]
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, and Grand Gulf. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. As discussed in Note 14 to the financial statements herein, in June 2022, Entergy completed the sale of Palisades to Holtec. As part of the transaction, Entergy transferred the Palisades decommissioning trust fund to Holtec. The disposition-date fair value of the decommissioning trust fund was approximately $552 million. 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 did not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds were recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($481) million and ($647) million, respectively. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $1,692 $4 $157 2021 Debt Securities $2,177 $65 $12 The unrealized gains/(losses) above are reported before deferred taxes of ($1) million as of June 30, 2022 and $2 million as of December 31, 2021 for debt securities. The amortized cost of available-for-sale debt securities was $1,846 million as of June 30, 2022 and $2,125 million as of December 31, 2021. As of June 30, 2022, available-for-sale debt securities had an average coupon rate of approximately 2.86%, an average duration of approximately 6.57 years, and an average maturity of approximately 10.18 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $1,357 $134 $770 $8 More than 12 months 123 23 99 4 Total $1,480 $157 $869 $12 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $65 $— 1 year - 5 years 556 473 5 years - 10 years 501 655 10 years - 15 years 120 389 15 years - 20 years 143 130 20 years+ 307 530 Total $1,692 $2,177 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $333 million and $273 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $1 million and $6 million, respectively, and gross losses of $16 million and $1 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $636 million and $797 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $2 million and $17 million, respectively, and gross losses of $28 million and $12 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 Palisades decommissioning trust fund as of December 31, 2021 was $576 million. 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 June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $484.8 $0.2 $52.2 2021 Debt Securities $526.3 $11.4 $4.7 The amortized cost of available-for-sale debt securities was $536.8 million as of June 30, 2022 and $519.6 million as of December 31, 2021. As of June 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.27%, an average duration of approximately 6.22 years, and an average maturity of approximately 7.53 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($143.5) million and ($193.9) 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 June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $384.2 $40.8 $183.8 $2.9 More than 12 months 64.2 11.4 39.5 1.8 Total $448.4 $52.2 $223.3 $4.7 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $30.1 $— 1 year - 5 years 157.9 91.7 5 years - 10 years 201.4 217.4 10 years - 15 years 43.0 146.0 15 years - 20 years 34.3 35.7 20 years+ 18.1 35.5 Total $484.8 $526.3 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $8.8 million and $12.3 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $0.03 million and $0.7 million, respectively, and gross losses of $0.3 million and $0.1 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $15.9 million and $26.1 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $0.06 million and $1.6 million, respectively, and gross losses of $0.5 million and $0.1 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 June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $733.3 $3.2 $56.0 2021 Debt Securities $794.2 $31.3 $3.3 The amortized cost of available-for-sale debt securities was $786.1 million as of June 30, 2022 and $766.3 million as of December 31, 2021. As of June 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 3.50%, an average duration of approximately 6.78 years, and an average maturity of approximately 12.34 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($202.9) million and ($271.6) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $528.8 $48.5 $206.9 $1.4 More than 12 months 41.8 7.5 42.9 1.9 Total $570.6 $56.0 $249.8 $3.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $25.2 $— 1 year - 5 years 198.9 157.8 5 years - 10 years 156.6 173.0 10 years - 15 years 70.3 123.0 15 years - 20 years 78.5 80.2 20 years+ 203.8 260.2 Total $733.3 $794.2 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $120.3 million and $62.5 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $0.2 million and $1.5 million, respectively, and gross losses of $6.7 million and $0.1 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $240.9 million and $170.9 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $1.1 million and $4.8 million, respectively, and gross losses of $12.2 million and $3.3 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 June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $474.3 $0.2 $49.2 2021 Debt Securities $524.5 $11.8 $2.9 The amortized cost of available-for-sale debt securities was $523.2 million as of June 30, 2022 and $515.6 million as of December 31, 2021. As of June 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.46%, an average duration of approximately 6.61 years, and an average maturity of approximately 9.51 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($134.6) million and ($181.8) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $443.6 $45.1 $276.6 $2.3 More than 12 months 16.7 4.1 11.3 0.6 Total $460.3 $49.2 $287.9 $2.9 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $9.9 $— 1 year - 5 years 199.2 156.8 5 years - 10 years 142.5 161.8 10 years - 15 years 7.2 58.6 15 years - 20 years 29.8 1.9 20 years+ 85.7 145.4 Total $474.3 $524.5 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $67.8 million and $101.6 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $0.1 million and $1.9 million, respectively, and gross losses of $4.6 million and $0.2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $104 million and $175.7 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $0.2 million and $3.1 million, respectively, and gross losses of $5.3 million and $1.8 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy estimates the expected credit losses for its available-for-sale securities based on the current credit rating and remaining life of the securities. To the extent an individual security is determined to be uncollectible, it is written off against this allowance. Entergy’s available-for-sale securities are held in trusts managed by third parties who operate in accordance with agreements that define investment guidelines and place restrictions on the purchases and sales of investments. Specifically, available-for-sale securities are subject to credit worthiness restrictions, with requirements for both the average credit rating of the portfolio and minimum credit ratings for individual debt securities. As of June 30, 2022, Entergy did not record an allowance for expected credit losses related to available-for-sale securities. As of December 31, 2021, Entergy’s allowance for expected credit losses related to available-for-sale securities was $0.4 million. Entergy did not record any impairments of available-for-sale debt securities for the three months ended June 30, 2022. Entergy recorded $1.5 million in impairments of
Entergy Louisiana [Member]
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, and Grand Gulf. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. As discussed in Note 14 to the financial statements herein, in June 2022, Entergy completed the sale of Palisades to Holtec. As part of the transaction, Entergy transferred the Palisades decommissioning trust fund to Holtec. The disposition-date fair value of the decommissioning trust fund was approximately $552 million. 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 did not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds were recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($481) million and ($647) million, respectively. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $1,692 $4 $157 2021 Debt Securities $2,177 $65 $12 The unrealized gains/(losses) above are reported before deferred taxes of ($1) million as of June 30, 2022 and $2 million as of December 31, 2021 for debt securities. The amortized cost of available-for-sale debt securities was $1,846 million as of June 30, 2022 and $2,125 million as of December 31, 2021. As of June 30, 2022, available-for-sale debt securities had an average coupon rate of approximately 2.86%, an average duration of approximately 6.57 years, and an average maturity of approximately 10.18 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $1,357 $134 $770 $8 More than 12 months 123 23 99 4 Total $1,480 $157 $869 $12 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $65 $— 1 year - 5 years 556 473 5 years - 10 years 501 655 10 years - 15 years 120 389 15 years - 20 years 143 130 20 years+ 307 530 Total $1,692 $2,177 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $333 million and $273 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $1 million and $6 million, respectively, and gross losses of $16 million and $1 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $636 million and $797 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $2 million and $17 million, respectively, and gross losses of $28 million and $12 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 Palisades decommissioning trust fund as of December 31, 2021 was $576 million. 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 June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $484.8 $0.2 $52.2 2021 Debt Securities $526.3 $11.4 $4.7 The amortized cost of available-for-sale debt securities was $536.8 million as of June 30, 2022 and $519.6 million as of December 31, 2021. As of June 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.27%, an average duration of approximately 6.22 years, and an average maturity of approximately 7.53 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($143.5) million and ($193.9) 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 June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $384.2 $40.8 $183.8 $2.9 More than 12 months 64.2 11.4 39.5 1.8 Total $448.4 $52.2 $223.3 $4.7 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $30.1 $— 1 year - 5 years 157.9 91.7 5 years - 10 years 201.4 217.4 10 years - 15 years 43.0 146.0 15 years - 20 years 34.3 35.7 20 years+ 18.1 35.5 Total $484.8 $526.3 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $8.8 million and $12.3 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $0.03 million and $0.7 million, respectively, and gross losses of $0.3 million and $0.1 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $15.9 million and $26.1 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $0.06 million and $1.6 million, respectively, and gross losses of $0.5 million and $0.1 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 June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $733.3 $3.2 $56.0 2021 Debt Securities $794.2 $31.3 $3.3 The amortized cost of available-for-sale debt securities was $786.1 million as of June 30, 2022 and $766.3 million as of December 31, 2021. As of June 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 3.50%, an average duration of approximately 6.78 years, and an average maturity of approximately 12.34 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($202.9) million and ($271.6) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $528.8 $48.5 $206.9 $1.4 More than 12 months 41.8 7.5 42.9 1.9 Total $570.6 $56.0 $249.8 $3.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $25.2 $— 1 year - 5 years 198.9 157.8 5 years - 10 years 156.6 173.0 10 years - 15 years 70.3 123.0 15 years - 20 years 78.5 80.2 20 years+ 203.8 260.2 Total $733.3 $794.2 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $120.3 million and $62.5 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $0.2 million and $1.5 million, respectively, and gross losses of $6.7 million and $0.1 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $240.9 million and $170.9 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $1.1 million and $4.8 million, respectively, and gross losses of $12.2 million and $3.3 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 June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $474.3 $0.2 $49.2 2021 Debt Securities $524.5 $11.8 $2.9 The amortized cost of available-for-sale debt securities was $523.2 million as of June 30, 2022 and $515.6 million as of December 31, 2021. As of June 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.46%, an average duration of approximately 6.61 years, and an average maturity of approximately 9.51 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($134.6) million and ($181.8) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $443.6 $45.1 $276.6 $2.3 More than 12 months 16.7 4.1 11.3 0.6 Total $460.3 $49.2 $287.9 $2.9 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $9.9 $— 1 year - 5 years 199.2 156.8 5 years - 10 years 142.5 161.8 10 years - 15 years 7.2 58.6 15 years - 20 years 29.8 1.9 20 years+ 85.7 145.4 Total $474.3 $524.5 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $67.8 million and $101.6 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $0.1 million and $1.9 million, respectively, and gross losses of $4.6 million and $0.2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $104 million and $175.7 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $0.2 million and $3.1 million, respectively, and gross losses of $5.3 million and $1.8 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy estimates the expected credit losses for its available-for-sale securities based on the current credit rating and remaining life of the securities. To the extent an individual security is determined to be uncollectible, it is written off against this allowance. Entergy’s available-for-sale securities are held in trusts managed by third parties who operate in accordance with agreements that define investment guidelines and place restrictions on the purchases and sales of investments. Specifically, available-for-sale securities are subject to credit worthiness restrictions, with requirements for both the average credit rating of the portfolio and minimum credit ratings for individual debt securities. As of June 30, 2022, Entergy did not record an allowance for expected credit losses related to available-for-sale securities. As of December 31, 2021, Entergy’s allowance for expected credit losses related to available-for-sale securities was $0.4 million. Entergy did not record any impairments of available-for-sale debt securities for the three months ended June 30, 2022. Entergy recorded $1.5 million in impairments of
System Energy [Member]
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, and Grand Gulf. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. As discussed in Note 14 to the financial statements herein, in June 2022, Entergy completed the sale of Palisades to Holtec. As part of the transaction, Entergy transferred the Palisades decommissioning trust fund to Holtec. The disposition-date fair value of the decommissioning trust fund was approximately $552 million. 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 did not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds were recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($481) million and ($647) million, respectively. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $1,692 $4 $157 2021 Debt Securities $2,177 $65 $12 The unrealized gains/(losses) above are reported before deferred taxes of ($1) million as of June 30, 2022 and $2 million as of December 31, 2021 for debt securities. The amortized cost of available-for-sale debt securities was $1,846 million as of June 30, 2022 and $2,125 million as of December 31, 2021. As of June 30, 2022, available-for-sale debt securities had an average coupon rate of approximately 2.86%, an average duration of approximately 6.57 years, and an average maturity of approximately 10.18 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $1,357 $134 $770 $8 More than 12 months 123 23 99 4 Total $1,480 $157 $869 $12 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $65 $— 1 year - 5 years 556 473 5 years - 10 years 501 655 10 years - 15 years 120 389 15 years - 20 years 143 130 20 years+ 307 530 Total $1,692 $2,177 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $333 million and $273 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $1 million and $6 million, respectively, and gross losses of $16 million and $1 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $636 million and $797 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $2 million and $17 million, respectively, and gross losses of $28 million and $12 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 Palisades decommissioning trust fund as of December 31, 2021 was $576 million. 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 June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $484.8 $0.2 $52.2 2021 Debt Securities $526.3 $11.4 $4.7 The amortized cost of available-for-sale debt securities was $536.8 million as of June 30, 2022 and $519.6 million as of December 31, 2021. As of June 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.27%, an average duration of approximately 6.22 years, and an average maturity of approximately 7.53 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($143.5) million and ($193.9) 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 June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $384.2 $40.8 $183.8 $2.9 More than 12 months 64.2 11.4 39.5 1.8 Total $448.4 $52.2 $223.3 $4.7 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $30.1 $— 1 year - 5 years 157.9 91.7 5 years - 10 years 201.4 217.4 10 years - 15 years 43.0 146.0 15 years - 20 years 34.3 35.7 20 years+ 18.1 35.5 Total $484.8 $526.3 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $8.8 million and $12.3 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $0.03 million and $0.7 million, respectively, and gross losses of $0.3 million and $0.1 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $15.9 million and $26.1 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $0.06 million and $1.6 million, respectively, and gross losses of $0.5 million and $0.1 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 June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $733.3 $3.2 $56.0 2021 Debt Securities $794.2 $31.3 $3.3 The amortized cost of available-for-sale debt securities was $786.1 million as of June 30, 2022 and $766.3 million as of December 31, 2021. As of June 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 3.50%, an average duration of approximately 6.78 years, and an average maturity of approximately 12.34 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($202.9) million and ($271.6) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $528.8 $48.5 $206.9 $1.4 More than 12 months 41.8 7.5 42.9 1.9 Total $570.6 $56.0 $249.8 $3.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $25.2 $— 1 year - 5 years 198.9 157.8 5 years - 10 years 156.6 173.0 10 years - 15 years 70.3 123.0 15 years - 20 years 78.5 80.2 20 years+ 203.8 260.2 Total $733.3 $794.2 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $120.3 million and $62.5 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $0.2 million and $1.5 million, respectively, and gross losses of $6.7 million and $0.1 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $240.9 million and $170.9 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $1.1 million and $4.8 million, respectively, and gross losses of $12.2 million and $3.3 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 June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $474.3 $0.2 $49.2 2021 Debt Securities $524.5 $11.8 $2.9 The amortized cost of available-for-sale debt securities was $523.2 million as of June 30, 2022 and $515.6 million as of December 31, 2021. As of June 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.46%, an average duration of approximately 6.61 years, and an average maturity of approximately 9.51 years. The unrealized gains/(losses) recognized during the three and six months ended June 30, 2022 on equity securities still held as of June 30, 2022 were ($134.6) million and ($181.8) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $443.6 $45.1 $276.6 $2.3 More than 12 months 16.7 4.1 11.3 0.6 Total $460.3 $49.2 $287.9 $2.9 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $9.9 $— 1 year - 5 years 199.2 156.8 5 years - 10 years 142.5 161.8 10 years - 15 years 7.2 58.6 15 years - 20 years 29.8 1.9 20 years+ 85.7 145.4 Total $474.3 $524.5 During the three months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $67.8 million and $101.6 million, respectively. During the three months ended June 30, 2022 and 2021, gross gains of $0.1 million and $1.9 million, respectively, and gross losses of $4.6 million and $0.2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the six months ended June 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $104 million and $175.7 million, respectively. During the six months ended June 30, 2022 and 2021, gross gains of $0.2 million and $3.1 million, respectively, and gross losses of $5.3 million and $1.8 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy estimates the expected credit losses for its available-for-sale securities based on the current credit rating and remaining life of the securities. To the extent an individual security is determined to be uncollectible, it is written off against this allowance. Entergy’s available-for-sale securities are held in trusts managed by third parties who operate in accordance with agreements that define investment guidelines and place restrictions on the purchases and sales of investments. Specifically, available-for-sale securities are subject to credit worthiness restrictions, with requirements for both the average credit rating of the portfolio and minimum credit ratings for individual debt securities. As of June 30, 2022, Entergy did not record an allowance for expected credit losses related to available-for-sale securities. As of December 31, 2021, Entergy’s allowance for expected credit losses related to available-for-sale securities was $0.4 million. Entergy did not record any impairments of available-for-sale debt securities for the three months ended June 30, 2022. Entergy recorded $1.5 million in impairments of

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
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 Six Months 2022 2021 2022 2021 (In Millions) Entergy $16 $14 $33 $54 Entergy Arkansas $— $— $— $8 Entergy Louisiana $9 $8 $18 $15 Entergy New Orleans $— $— $1 $— Entergy Texas $7 $6 $14 $13 System Energy $— $— $— $18 Other Tax Matters As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana legislature. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust will make distributions to Entergy Louisiana, a beneficiary of the storm trust, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $290 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $283 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded a $224 million ($165 million net-of-tax) regulatory charge and a
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 Six Months 2022 2021 2022 2021 (In Millions) Entergy $16 $14 $33 $54 Entergy Arkansas $— $— $— $8 Entergy Louisiana $9 $8 $18 $15 Entergy New Orleans $— $— $1 $— Entergy Texas $7 $6 $14 $13 System Energy $— $— $— $18 Other Tax Matters As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana legislature. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust will make distributions to Entergy Louisiana, a beneficiary of the storm trust, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $290 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $283 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded a $224 million ($165 million net-of-tax) regulatory charge and a
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 Six Months 2022 2021 2022 2021 (In Millions) Entergy $16 $14 $33 $54 Entergy Arkansas $— $— $— $8 Entergy Louisiana $9 $8 $18 $15 Entergy New Orleans $— $— $1 $— Entergy Texas $7 $6 $14 $13 System Energy $— $— $— $18 Other Tax Matters As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana legislature. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust will make distributions to Entergy Louisiana, a beneficiary of the storm trust, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $290 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $283 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded a $224 million ($165 million net-of-tax) regulatory charge and a
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 Six Months 2022 2021 2022 2021 (In Millions) Entergy $16 $14 $33 $54 Entergy Arkansas $— $— $— $8 Entergy Louisiana $9 $8 $18 $15 Entergy New Orleans $— $— $1 $— Entergy Texas $7 $6 $14 $13 System Energy $— $— $— $18 Other Tax Matters As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana legislature. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust will make distributions to Entergy Louisiana, a beneficiary of the storm trust, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $290 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $283 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded a $224 million ($165 million net-of-tax) regulatory charge and a
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 Six Months 2022 2021 2022 2021 (In Millions) Entergy $16 $14 $33 $54 Entergy Arkansas $— $— $— $8 Entergy Louisiana $9 $8 $18 $15 Entergy New Orleans $— $— $1 $— Entergy Texas $7 $6 $14 $13 System Energy $— $— $— $18 Other Tax Matters As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana legislature. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust will make distributions to Entergy Louisiana, a beneficiary of the storm trust, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $290 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $283 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded a $224 million ($165 million net-of-tax) regulatory charge and a
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 Six Months 2022 2021 2022 2021 (In Millions) Entergy $16 $14 $33 $54 Entergy Arkansas $— $— $— $8 Entergy Louisiana $9 $8 $18 $15 Entergy New Orleans $— $— $1 $— Entergy Texas $7 $6 $14 $13 System Energy $— $— $— $18 Other Tax Matters As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana legislature. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust will make distributions to Entergy Louisiana, a beneficiary of the storm trust, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $290 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $283 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded a $224 million ($165 million net-of-tax) regulatory charge and a
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 Six Months 2022 2021 2022 2021 (In Millions) Entergy $16 $14 $33 $54 Entergy Arkansas $— $— $— $8 Entergy Louisiana $9 $8 $18 $15 Entergy New Orleans $— $— $1 $— Entergy Texas $7 $6 $14 $13 System Energy $— $— $— $18 Other Tax Matters As described in Note 2 to the financial statements herein, Entergy Louisiana implemented a securitization authorized under Act 293 of the Louisiana legislature. Act 293 provides that the LURC contribute the net bond proceeds to a LURC-sponsored trust. Over the 15-year term of the Act 293 bonds, the storm trust will make distributions to Entergy Louisiana, a beneficiary of the storm trust, that will not be taxable to Entergy Louisiana. Additionally, Entergy Louisiana will not include the receipt of the system restoration charges in taxable income because the right to receive the system restoration charges has been granted directly to the LURC, and Entergy Louisiana only acts as an agent to collect those charges on behalf of the LURC. Accordingly, the securitization provides for a tax accounting permanent difference resulting in a net reduction of income tax expense of approximately $290 million, after taking into account a provision for uncertain tax positions, by Entergy Louisiana. Entergy’s recognition of reduced income tax expense was offset by other tax charges resulting in a net reduction of income tax expense of $283 million, after taking into account a provision for uncertain tax positions. I n recognition of its obligations related to an LPSC ancillary order issued as part of the securitization regulatory proceeding, Entergy Louisiana recorded a $224 million ($165 million net-of-tax) regulatory charge and a

Property, Plant, And Equipment

Property, Plant, And Equipment	6 Months Ended
	Jun. 30, 2022
Property, Plant, And Equipment	PROPERTY, PLANT, AND EQUIPMENT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Construction Expenditures in Accounts Payable Construction expenditures included in accounts payable at June 30, 2022 were $401 million for Entergy, $54.8 million for Entergy Arkansas, $198.7 million for Entergy Louisiana, $20.9 million for Entergy Mississippi, $12.7 million for Entergy New Orleans, $44.6 million for Entergy Texas, and $29.2 million for System Energy. Construction expenditures included in accounts payable at December 31, 2021 were $723 million for Entergy, $35.6 million for Entergy Arkansas, $507.9 million for Entergy Louisiana, $26.5 million for Entergy Mississippi, $73.1 million for Entergy Texas, and $23.4 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 June 30, 2022 were $401 million for Entergy, $54.8 million for Entergy Arkansas, $198.7 million for Entergy Louisiana, $20.9 million for Entergy Mississippi, $12.7 million for Entergy New Orleans, $44.6 million for Entergy Texas, and $29.2 million for System Energy. Construction expenditures included in accounts payable at December 31, 2021 were $723 million for Entergy, $35.6 million for Entergy Arkansas, $507.9 million for Entergy Louisiana, $26.5 million for Entergy Mississippi, $73.1 million for Entergy Texas, and $23.4 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 June 30, 2022 were $401 million for Entergy, $54.8 million for Entergy Arkansas, $198.7 million for Entergy Louisiana, $20.9 million for Entergy Mississippi, $12.7 million for Entergy New Orleans, $44.6 million for Entergy Texas, and $29.2 million for System Energy. Construction expenditures included in accounts payable at December 31, 2021 were $723 million for Entergy, $35.6 million for Entergy Arkansas, $507.9 million for Entergy Louisiana, $26.5 million for Entergy Mississippi, $73.1 million for Entergy Texas, and $23.4 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 June 30, 2022 were $401 million for Entergy, $54.8 million for Entergy Arkansas, $198.7 million for Entergy Louisiana, $20.9 million for Entergy Mississippi, $12.7 million for Entergy New Orleans, $44.6 million for Entergy Texas, and $29.2 million for System Energy. Construction expenditures included in accounts payable at December 31, 2021 were $723 million for Entergy, $35.6 million for Entergy Arkansas, $507.9 million for Entergy Louisiana, $26.5 million for Entergy Mississippi, $73.1 million for Entergy Texas, and $23.4 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 June 30, 2022 were $401 million for Entergy, $54.8 million for Entergy Arkansas, $198.7 million for Entergy Louisiana, $20.9 million for Entergy Mississippi, $12.7 million for Entergy New Orleans, $44.6 million for Entergy Texas, and $29.2 million for System Energy. Construction expenditures included in accounts payable at December 31, 2021 were $723 million for Entergy, $35.6 million for Entergy Arkansas, $507.9 million for Entergy Louisiana, $26.5 million for Entergy Mississippi, $73.1 million for Entergy Texas, and $23.4 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 June 30, 2022 were $401 million for Entergy, $54.8 million for Entergy Arkansas, $198.7 million for Entergy Louisiana, $20.9 million for Entergy Mississippi, $12.7 million for Entergy New Orleans, $44.6 million for Entergy Texas, and $29.2 million for System Energy. Construction expenditures included in accounts payable at December 31, 2021 were $723 million for Entergy, $35.6 million for Entergy Arkansas, $507.9 million for Entergy Louisiana, $26.5 million for Entergy Mississippi, $73.1 million for Entergy Texas, and $23.4 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 June 30, 2022 were $401 million for Entergy, $54.8 million for Entergy Arkansas, $198.7 million for Entergy Louisiana, $20.9 million for Entergy Mississippi, $12.7 million for Entergy New Orleans, $44.6 million for Entergy Texas, and $29.2 million for System Energy. Construction expenditures included in accounts payable at December 31, 2021 were $723 million for Entergy, $35.6 million for Entergy Arkansas, $507.9 million for Entergy Louisiana, $26.5 million for Entergy Mississippi, $73.1 million for Entergy Texas, and $23.4 million for System Energy.

Variable Interest Entities

Variable Interest Entities	6 Months Ended
	Jun. 30, 2022
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. Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, is a variable interest entity and Entergy Texas is the primary beneficiary. In April 2022, Entergy Texas Restoration Funding II issued senior secured system restoration bonds (securitization bonds) to finance Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. The transition property is reflected as a regulatory asset on the consolidated Entergy Texas balance sheet. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charges. See Note 4 to the financial statements herein for additional details regarding the securitization bonds. Restoration Law Trust I (the storm trust), a trust consolidated by Entergy Louisiana, is a variable interest entity and Entergy Louisiana is the primary beneficiary. The storm trust was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Laura, Hurricane Delta, Hurricane Zeta, and Winter Storm Uri restoration costs, as well as to establish a storm reserve to fund a portion of Hurricane Ida storm restoration costs. Entergy Louisiana is the primary beneficiary of the storm trust because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust. As of June 30, 2022, the primary asset held by the storm trust is the $3.2 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheet of Entergy Louisiana. The holders of the securitization bonds do not have recourse to the assets or revenues of the trust or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust is presented as noncontrolling interest in the consolidated balance sheets of Entergy and Entergy Louisiana. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2022 and the six months ended June 30, 2021. AR Searcy Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements in the Form 10-K for additional discussion on the establishment of AR Searcy Partnership, LLC and the acquisition of the Searcy Solar facility. The entity is a VIE because the membership interests do not give Entergy Arkansas or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Arkansas is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of June 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $143 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $112.5 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements herein for additional discussion on the establishment of MS Sunflower Partnership, LLC and the acquisition of the Sunflower Solar facility. The entity is a VIE because the membership interests do not give Entergy Mississippi or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Mississippi is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion of the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC which is the basis for treatment of Entergy Mississippi’s investment in MS Sunflower Partnership, LLC. As of June 30, 2022, MS Sunflower Partnership, LLC recorded assets equal to $105.2 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $95.6 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.
Entergy Arkansas [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, is a variable interest entity and Entergy Texas is the primary beneficiary. In April 2022, Entergy Texas Restoration Funding II issued senior secured system restoration bonds (securitization bonds) to finance Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. The transition property is reflected as a regulatory asset on the consolidated Entergy Texas balance sheet. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charges. See Note 4 to the financial statements herein for additional details regarding the securitization bonds. Restoration Law Trust I (the storm trust), a trust consolidated by Entergy Louisiana, is a variable interest entity and Entergy Louisiana is the primary beneficiary. The storm trust was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Laura, Hurricane Delta, Hurricane Zeta, and Winter Storm Uri restoration costs, as well as to establish a storm reserve to fund a portion of Hurricane Ida storm restoration costs. Entergy Louisiana is the primary beneficiary of the storm trust because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust. As of June 30, 2022, the primary asset held by the storm trust is the $3.2 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheet of Entergy Louisiana. The holders of the securitization bonds do not have recourse to the assets or revenues of the trust or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust is presented as noncontrolling interest in the consolidated balance sheets of Entergy and Entergy Louisiana. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2022 and the six months ended June 30, 2021. AR Searcy Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements in the Form 10-K for additional discussion on the establishment of AR Searcy Partnership, LLC and the acquisition of the Searcy Solar facility. The entity is a VIE because the membership interests do not give Entergy Arkansas or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Arkansas is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of June 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $143 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $112.5 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements herein for additional discussion on the establishment of MS Sunflower Partnership, LLC and the acquisition of the Sunflower Solar facility. The entity is a VIE because the membership interests do not give Entergy Mississippi or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Mississippi is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion of the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC which is the basis for treatment of Entergy Mississippi’s investment in MS Sunflower Partnership, LLC. As of June 30, 2022, MS Sunflower Partnership, LLC recorded assets equal to $105.2 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $95.6 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.
Entergy Louisiana [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, is a variable interest entity and Entergy Texas is the primary beneficiary. In April 2022, Entergy Texas Restoration Funding II issued senior secured system restoration bonds (securitization bonds) to finance Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. The transition property is reflected as a regulatory asset on the consolidated Entergy Texas balance sheet. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charges. See Note 4 to the financial statements herein for additional details regarding the securitization bonds. Restoration Law Trust I (the storm trust), a trust consolidated by Entergy Louisiana, is a variable interest entity and Entergy Louisiana is the primary beneficiary. The storm trust was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Laura, Hurricane Delta, Hurricane Zeta, and Winter Storm Uri restoration costs, as well as to establish a storm reserve to fund a portion of Hurricane Ida storm restoration costs. Entergy Louisiana is the primary beneficiary of the storm trust because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust. As of June 30, 2022, the primary asset held by the storm trust is the $3.2 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheet of Entergy Louisiana. The holders of the securitization bonds do not have recourse to the assets or revenues of the trust or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust is presented as noncontrolling interest in the consolidated balance sheets of Entergy and Entergy Louisiana. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2022 and the six months ended June 30, 2021. AR Searcy Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements in the Form 10-K for additional discussion on the establishment of AR Searcy Partnership, LLC and the acquisition of the Searcy Solar facility. The entity is a VIE because the membership interests do not give Entergy Arkansas or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Arkansas is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of June 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $143 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $112.5 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements herein for additional discussion on the establishment of MS Sunflower Partnership, LLC and the acquisition of the Sunflower Solar facility. The entity is a VIE because the membership interests do not give Entergy Mississippi or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Mississippi is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion of the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC which is the basis for treatment of Entergy Mississippi’s investment in MS Sunflower Partnership, LLC. As of June 30, 2022, MS Sunflower Partnership, LLC recorded assets equal to $105.2 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $95.6 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.
Entergy Mississippi [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, is a variable interest entity and Entergy Texas is the primary beneficiary. In April 2022, Entergy Texas Restoration Funding II issued senior secured system restoration bonds (securitization bonds) to finance Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. The transition property is reflected as a regulatory asset on the consolidated Entergy Texas balance sheet. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charges. See Note 4 to the financial statements herein for additional details regarding the securitization bonds. Restoration Law Trust I (the storm trust), a trust consolidated by Entergy Louisiana, is a variable interest entity and Entergy Louisiana is the primary beneficiary. The storm trust was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Laura, Hurricane Delta, Hurricane Zeta, and Winter Storm Uri restoration costs, as well as to establish a storm reserve to fund a portion of Hurricane Ida storm restoration costs. Entergy Louisiana is the primary beneficiary of the storm trust because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust. As of June 30, 2022, the primary asset held by the storm trust is the $3.2 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheet of Entergy Louisiana. The holders of the securitization bonds do not have recourse to the assets or revenues of the trust or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust is presented as noncontrolling interest in the consolidated balance sheets of Entergy and Entergy Louisiana. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2022 and the six months ended June 30, 2021. AR Searcy Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements in the Form 10-K for additional discussion on the establishment of AR Searcy Partnership, LLC and the acquisition of the Searcy Solar facility. The entity is a VIE because the membership interests do not give Entergy Arkansas or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Arkansas is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of June 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $143 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $112.5 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements herein for additional discussion on the establishment of MS Sunflower Partnership, LLC and the acquisition of the Sunflower Solar facility. The entity is a VIE because the membership interests do not give Entergy Mississippi or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Mississippi is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion of the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC which is the basis for treatment of Entergy Mississippi’s investment in MS Sunflower Partnership, LLC. As of June 30, 2022, MS Sunflower Partnership, LLC recorded assets equal to $105.2 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $95.6 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.
Entergy New Orleans [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, is a variable interest entity and Entergy Texas is the primary beneficiary. In April 2022, Entergy Texas Restoration Funding II issued senior secured system restoration bonds (securitization bonds) to finance Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. The transition property is reflected as a regulatory asset on the consolidated Entergy Texas balance sheet. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charges. See Note 4 to the financial statements herein for additional details regarding the securitization bonds. Restoration Law Trust I (the storm trust), a trust consolidated by Entergy Louisiana, is a variable interest entity and Entergy Louisiana is the primary beneficiary. The storm trust was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Laura, Hurricane Delta, Hurricane Zeta, and Winter Storm Uri restoration costs, as well as to establish a storm reserve to fund a portion of Hurricane Ida storm restoration costs. Entergy Louisiana is the primary beneficiary of the storm trust because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust. As of June 30, 2022, the primary asset held by the storm trust is the $3.2 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheet of Entergy Louisiana. The holders of the securitization bonds do not have recourse to the assets or revenues of the trust or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust is presented as noncontrolling interest in the consolidated balance sheets of Entergy and Entergy Louisiana. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2022 and the six months ended June 30, 2021. AR Searcy Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements in the Form 10-K for additional discussion on the establishment of AR Searcy Partnership, LLC and the acquisition of the Searcy Solar facility. The entity is a VIE because the membership interests do not give Entergy Arkansas or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Arkansas is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of June 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $143 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $112.5 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements herein for additional discussion on the establishment of MS Sunflower Partnership, LLC and the acquisition of the Sunflower Solar facility. The entity is a VIE because the membership interests do not give Entergy Mississippi or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Mississippi is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion of the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC which is the basis for treatment of Entergy Mississippi’s investment in MS Sunflower Partnership, LLC. As of June 30, 2022, MS Sunflower Partnership, LLC recorded assets equal to $105.2 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $95.6 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.
Entergy Texas [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, is a variable interest entity and Entergy Texas is the primary beneficiary. In April 2022, Entergy Texas Restoration Funding II issued senior secured system restoration bonds (securitization bonds) to finance Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. The transition property is reflected as a regulatory asset on the consolidated Entergy Texas balance sheet. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charges. See Note 4 to the financial statements herein for additional details regarding the securitization bonds. Restoration Law Trust I (the storm trust), a trust consolidated by Entergy Louisiana, is a variable interest entity and Entergy Louisiana is the primary beneficiary. The storm trust was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Laura, Hurricane Delta, Hurricane Zeta, and Winter Storm Uri restoration costs, as well as to establish a storm reserve to fund a portion of Hurricane Ida storm restoration costs. Entergy Louisiana is the primary beneficiary of the storm trust because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust. As of June 30, 2022, the primary asset held by the storm trust is the $3.2 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheet of Entergy Louisiana. The holders of the securitization bonds do not have recourse to the assets or revenues of the trust or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust is presented as noncontrolling interest in the consolidated balance sheets of Entergy and Entergy Louisiana. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2022 and the six months ended June 30, 2021. AR Searcy Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements in the Form 10-K for additional discussion on the establishment of AR Searcy Partnership, LLC and the acquisition of the Searcy Solar facility. The entity is a VIE because the membership interests do not give Entergy Arkansas or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Arkansas is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of June 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $143 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $112.5 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements herein for additional discussion on the establishment of MS Sunflower Partnership, LLC and the acquisition of the Sunflower Solar facility. The entity is a VIE because the membership interests do not give Entergy Mississippi or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Mississippi is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion of the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC which is the basis for treatment of Entergy Mississippi’s investment in MS Sunflower Partnership, LLC. As of June 30, 2022, MS Sunflower Partnership, LLC recorded assets equal to $105.2 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $95.6 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.
System Energy [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. Entergy Texas Restoration Funding II, LLC, a company wholly-owned and consolidated by Entergy Texas, is a variable interest entity and Entergy Texas is the primary beneficiary. In April 2022, Entergy Texas Restoration Funding II issued senior secured system restoration bonds (securitization bonds) to finance Entergy Texas’s Hurricane Laura, Hurricane Delta, and Winter Storm Uri restoration costs. With the proceeds, Entergy Texas Restoration Funding II purchased from Entergy Texas the transition property, which is the right to recover from customers through a system restoration charge amounts sufficient to service the securitization bonds. The transition property is reflected as a regulatory asset on the consolidated Entergy Texas balance sheet. The creditors of Entergy Texas do not have recourse to the assets or revenues of Entergy Texas Restoration Funding II, including the transition property, and the creditors of Entergy Texas Restoration Funding II do not have recourse to the assets or revenues of Entergy Texas. Entergy Texas has no payment obligations to Entergy Texas Restoration Funding II except to remit system restoration charges. See Note 4 to the financial statements herein for additional details regarding the securitization bonds. Restoration Law Trust I (the storm trust), a trust consolidated by Entergy Louisiana, is a variable interest entity and Entergy Louisiana is the primary beneficiary. The storm trust was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Laura, Hurricane Delta, Hurricane Zeta, and Winter Storm Uri restoration costs, as well as to establish a storm reserve to fund a portion of Hurricane Ida storm restoration costs. Entergy Louisiana is the primary beneficiary of the storm trust because it was created to facilitate the financing of Entergy Louisiana’s storm restoration costs and Entergy Louisiana is entitled to receive a majority of the proceeds received by the storm trust. As of June 30, 2022, the primary asset held by the storm trust is the $3.2 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheet of Entergy Louisiana. The holders of the securitization bonds do not have recourse to the assets or revenues of the trust or to any Entergy affiliate and the bonds are not reflected in the consolidated balance sheets of Entergy or Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust is presented as noncontrolling interest in the consolidated balance sheets of Entergy and Entergy Louisiana. See Note 2 to the financial statements herein for additional discussion of the securitization bonds and the preferred membership interests. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the six months ended June 30, 2022 and the six months ended June 30, 2021. AR Searcy Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements in the Form 10-K for additional discussion on the establishment of AR Searcy Partnership, LLC and the acquisition of the Searcy Solar facility. The entity is a VIE because the membership interests do not give Entergy Arkansas or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Arkansas is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of June 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $143 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $112.5 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest. MS Sunflower Partnership, LLC, is a tax equity partnership that qualifies as a variable interest entity, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. See Note 14 to the financial statements herein for additional discussion on the establishment of MS Sunflower Partnership, LLC and the acquisition of the Sunflower Solar facility. The entity is a VIE because the membership interests do not give Entergy Mississippi or the third party tax equity investor substantive kick out rights typical of equity owners. Entergy Mississippi is the primary beneficiary of the partnership because it is the managing member and has the right to a majority of the operating income of the partnership. See Note 1 to the financial statements in the Form 10-K for further discussion of the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC which is the basis for treatment of Entergy Mississippi’s investment in MS Sunflower Partnership, LLC. As of June 30, 2022, MS Sunflower Partnership, LLC recorded assets equal to $105.2 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $95.6 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2022
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,035,063 $855,586 Commercial 715,665 628,703 Industrial 878,194 756,959 Governmental 67,101 61,612 Total billed retail 2,696,023 2,302,860 Sales for resale (a) 249,035 119,130 Other electric revenues (b) 302,351 187,078 Revenues from contracts with customers 3,247,409 2,609,068 Other revenues (c) 10,846 32,307 Total electric revenues 3,258,255 2,641,375 Natural gas 48,008 31,998 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 87,710 146,680 Other revenues (c) 1,223 2,017 Total competitive businesses revenues 88,933 148,697 Total operating revenues $3,395,196 $2,822,070 Entergy’s total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $2,021,085 $1,822,441 Commercial 1,350,290 1,201,380 Industrial 1,621,828 1,354,610 Governmental 124,395 118,409 Total billed retail 5,117,598 4,496,840 Sales for resale (a) 377,994 324,205 Other electric revenues (b) 396,231 267,339 Revenues from contracts with customers 5,891,823 5,088,384 Other revenues (c) 22,208 91,410 Total electric revenues 5,914,031 5,179,794 Natural gas 120,369 90,166 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 232,534 378,794 Other revenues (c) 6,188 18,153 Total competitive businesses revenues 238,722 396,947 Total operating revenues $6,273,122 $5,666,907 The Utility operating companies’ total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Total electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,103 $340,643 $117,461 $60,186 $166,193 Commercial 111,187 262,351 101,644 51,092 102,429 Industrial 114,284 475,185 36,545 8,028 122,917 Governmental 4,536 21,547 10,873 18,312 6,344 Total billed retail 401,110 1,099,726 266,523 137,618 397,883 Sales for resale (a) 69,750 74,343 44,050 12,810 19,542 Other electric revenues (b) 73,209 55,745 36,390 9,510 13,577 Revenues from contracts with customers 544,069 1,229,814 346,963 159,938 431,002 Other revenues (c) 6,205 24,765 2,077 (177) (568) Total electric revenues 550,274 1,254,579 349,040 159,761 430,434 Natural gas — 13,019 — 18,979 — Total operating revenues $550,274 $1,267,598 $349,040 $178,740 $430,434 The Utility operating companies’ total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Total electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $408,284 $676,403 $265,097 $126,613 $346,044 Commercial 217,603 487,000 199,580 98,891 198,306 Industrial 217,696 822,194 70,524 14,817 229,379 Governmental 8,791 40,163 21,416 34,692 13,347 Total billed retail 852,374 2,025,760 556,617 275,013 787,076 Sales for resale (a) 179,834 154,771 84,360 17,506 93,615 Other electric revenues (b) 92,791 99,654 40,341 6,151 31,106 Revenues from contracts with customers 1,124,999 2,280,185 681,318 298,670 911,797 Other revenues (c) 8,661 54,057 4,341 239 (1,143) Total electric revenues 1,133,660 2,334,242 685,659 298,909 910,654 Natural gas — 41,000 — 49,166 — Total operating revenues $1,133,660 $2,375,242 $685,659 $348,075 $910,654 (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 an increase in 2020 in its allowance for doubtful accounts. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2022 and 2021. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 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 (b) 25.9 5.5 11.7 1.7 4.6 2.4 Write-offs (39.5) (2.8) (19.5) (8.8) (1.1) (7.3) Recoveries 5.0 1.4 1.9 1.2 0.2 0.3 Balance as of June 30, 2021 $109.1 $22.4 $39.8 $13.6 $21.1 $12.2 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. (b) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of $8.7 million for Entergy, $0.8 million for Entergy Arkansas, $5.9 million for Entergy Louisiana, $0.7 million for Entergy New Orleans, and $1.3 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy Arkansas [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,035,063 $855,586 Commercial 715,665 628,703 Industrial 878,194 756,959 Governmental 67,101 61,612 Total billed retail 2,696,023 2,302,860 Sales for resale (a) 249,035 119,130 Other electric revenues (b) 302,351 187,078 Revenues from contracts with customers 3,247,409 2,609,068 Other revenues (c) 10,846 32,307 Total electric revenues 3,258,255 2,641,375 Natural gas 48,008 31,998 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 87,710 146,680 Other revenues (c) 1,223 2,017 Total competitive businesses revenues 88,933 148,697 Total operating revenues $3,395,196 $2,822,070 Entergy’s total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $2,021,085 $1,822,441 Commercial 1,350,290 1,201,380 Industrial 1,621,828 1,354,610 Governmental 124,395 118,409 Total billed retail 5,117,598 4,496,840 Sales for resale (a) 377,994 324,205 Other electric revenues (b) 396,231 267,339 Revenues from contracts with customers 5,891,823 5,088,384 Other revenues (c) 22,208 91,410 Total electric revenues 5,914,031 5,179,794 Natural gas 120,369 90,166 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 232,534 378,794 Other revenues (c) 6,188 18,153 Total competitive businesses revenues 238,722 396,947 Total operating revenues $6,273,122 $5,666,907 The Utility operating companies’ total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Total electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,103 $340,643 $117,461 $60,186 $166,193 Commercial 111,187 262,351 101,644 51,092 102,429 Industrial 114,284 475,185 36,545 8,028 122,917 Governmental 4,536 21,547 10,873 18,312 6,344 Total billed retail 401,110 1,099,726 266,523 137,618 397,883 Sales for resale (a) 69,750 74,343 44,050 12,810 19,542 Other electric revenues (b) 73,209 55,745 36,390 9,510 13,577 Revenues from contracts with customers 544,069 1,229,814 346,963 159,938 431,002 Other revenues (c) 6,205 24,765 2,077 (177) (568) Total electric revenues 550,274 1,254,579 349,040 159,761 430,434 Natural gas — 13,019 — 18,979 — Total operating revenues $550,274 $1,267,598 $349,040 $178,740 $430,434 The Utility operating companies’ total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Total electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $408,284 $676,403 $265,097 $126,613 $346,044 Commercial 217,603 487,000 199,580 98,891 198,306 Industrial 217,696 822,194 70,524 14,817 229,379 Governmental 8,791 40,163 21,416 34,692 13,347 Total billed retail 852,374 2,025,760 556,617 275,013 787,076 Sales for resale (a) 179,834 154,771 84,360 17,506 93,615 Other electric revenues (b) 92,791 99,654 40,341 6,151 31,106 Revenues from contracts with customers 1,124,999 2,280,185 681,318 298,670 911,797 Other revenues (c) 8,661 54,057 4,341 239 (1,143) Total electric revenues 1,133,660 2,334,242 685,659 298,909 910,654 Natural gas — 41,000 — 49,166 — Total operating revenues $1,133,660 $2,375,242 $685,659 $348,075 $910,654 (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 an increase in 2020 in its allowance for doubtful accounts. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2022 and 2021. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 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 (b) 25.9 5.5 11.7 1.7 4.6 2.4 Write-offs (39.5) (2.8) (19.5) (8.8) (1.1) (7.3) Recoveries 5.0 1.4 1.9 1.2 0.2 0.3 Balance as of June 30, 2021 $109.1 $22.4 $39.8 $13.6 $21.1 $12.2 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. (b) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of $8.7 million for Entergy, $0.8 million for Entergy Arkansas, $5.9 million for Entergy Louisiana, $0.7 million for Entergy New Orleans, and $1.3 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy Louisiana [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,035,063 $855,586 Commercial 715,665 628,703 Industrial 878,194 756,959 Governmental 67,101 61,612 Total billed retail 2,696,023 2,302,860 Sales for resale (a) 249,035 119,130 Other electric revenues (b) 302,351 187,078 Revenues from contracts with customers 3,247,409 2,609,068 Other revenues (c) 10,846 32,307 Total electric revenues 3,258,255 2,641,375 Natural gas 48,008 31,998 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 87,710 146,680 Other revenues (c) 1,223 2,017 Total competitive businesses revenues 88,933 148,697 Total operating revenues $3,395,196 $2,822,070 Entergy’s total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $2,021,085 $1,822,441 Commercial 1,350,290 1,201,380 Industrial 1,621,828 1,354,610 Governmental 124,395 118,409 Total billed retail 5,117,598 4,496,840 Sales for resale (a) 377,994 324,205 Other electric revenues (b) 396,231 267,339 Revenues from contracts with customers 5,891,823 5,088,384 Other revenues (c) 22,208 91,410 Total electric revenues 5,914,031 5,179,794 Natural gas 120,369 90,166 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 232,534 378,794 Other revenues (c) 6,188 18,153 Total competitive businesses revenues 238,722 396,947 Total operating revenues $6,273,122 $5,666,907 The Utility operating companies’ total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Total electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,103 $340,643 $117,461 $60,186 $166,193 Commercial 111,187 262,351 101,644 51,092 102,429 Industrial 114,284 475,185 36,545 8,028 122,917 Governmental 4,536 21,547 10,873 18,312 6,344 Total billed retail 401,110 1,099,726 266,523 137,618 397,883 Sales for resale (a) 69,750 74,343 44,050 12,810 19,542 Other electric revenues (b) 73,209 55,745 36,390 9,510 13,577 Revenues from contracts with customers 544,069 1,229,814 346,963 159,938 431,002 Other revenues (c) 6,205 24,765 2,077 (177) (568) Total electric revenues 550,274 1,254,579 349,040 159,761 430,434 Natural gas — 13,019 — 18,979 — Total operating revenues $550,274 $1,267,598 $349,040 $178,740 $430,434 The Utility operating companies’ total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Total electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $408,284 $676,403 $265,097 $126,613 $346,044 Commercial 217,603 487,000 199,580 98,891 198,306 Industrial 217,696 822,194 70,524 14,817 229,379 Governmental 8,791 40,163 21,416 34,692 13,347 Total billed retail 852,374 2,025,760 556,617 275,013 787,076 Sales for resale (a) 179,834 154,771 84,360 17,506 93,615 Other electric revenues (b) 92,791 99,654 40,341 6,151 31,106 Revenues from contracts with customers 1,124,999 2,280,185 681,318 298,670 911,797 Other revenues (c) 8,661 54,057 4,341 239 (1,143) Total electric revenues 1,133,660 2,334,242 685,659 298,909 910,654 Natural gas — 41,000 — 49,166 — Total operating revenues $1,133,660 $2,375,242 $685,659 $348,075 $910,654 (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 an increase in 2020 in its allowance for doubtful accounts. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2022 and 2021. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 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 (b) 25.9 5.5 11.7 1.7 4.6 2.4 Write-offs (39.5) (2.8) (19.5) (8.8) (1.1) (7.3) Recoveries 5.0 1.4 1.9 1.2 0.2 0.3 Balance as of June 30, 2021 $109.1 $22.4 $39.8 $13.6 $21.1 $12.2 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. (b) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of $8.7 million for Entergy, $0.8 million for Entergy Arkansas, $5.9 million for Entergy Louisiana, $0.7 million for Entergy New Orleans, and $1.3 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy Mississippi [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,035,063 $855,586 Commercial 715,665 628,703 Industrial 878,194 756,959 Governmental 67,101 61,612 Total billed retail 2,696,023 2,302,860 Sales for resale (a) 249,035 119,130 Other electric revenues (b) 302,351 187,078 Revenues from contracts with customers 3,247,409 2,609,068 Other revenues (c) 10,846 32,307 Total electric revenues 3,258,255 2,641,375 Natural gas 48,008 31,998 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 87,710 146,680 Other revenues (c) 1,223 2,017 Total competitive businesses revenues 88,933 148,697 Total operating revenues $3,395,196 $2,822,070 Entergy’s total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $2,021,085 $1,822,441 Commercial 1,350,290 1,201,380 Industrial 1,621,828 1,354,610 Governmental 124,395 118,409 Total billed retail 5,117,598 4,496,840 Sales for resale (a) 377,994 324,205 Other electric revenues (b) 396,231 267,339 Revenues from contracts with customers 5,891,823 5,088,384 Other revenues (c) 22,208 91,410 Total electric revenues 5,914,031 5,179,794 Natural gas 120,369 90,166 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 232,534 378,794 Other revenues (c) 6,188 18,153 Total competitive businesses revenues 238,722 396,947 Total operating revenues $6,273,122 $5,666,907 The Utility operating companies’ total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Total electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,103 $340,643 $117,461 $60,186 $166,193 Commercial 111,187 262,351 101,644 51,092 102,429 Industrial 114,284 475,185 36,545 8,028 122,917 Governmental 4,536 21,547 10,873 18,312 6,344 Total billed retail 401,110 1,099,726 266,523 137,618 397,883 Sales for resale (a) 69,750 74,343 44,050 12,810 19,542 Other electric revenues (b) 73,209 55,745 36,390 9,510 13,577 Revenues from contracts with customers 544,069 1,229,814 346,963 159,938 431,002 Other revenues (c) 6,205 24,765 2,077 (177) (568) Total electric revenues 550,274 1,254,579 349,040 159,761 430,434 Natural gas — 13,019 — 18,979 — Total operating revenues $550,274 $1,267,598 $349,040 $178,740 $430,434 The Utility operating companies’ total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Total electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $408,284 $676,403 $265,097 $126,613 $346,044 Commercial 217,603 487,000 199,580 98,891 198,306 Industrial 217,696 822,194 70,524 14,817 229,379 Governmental 8,791 40,163 21,416 34,692 13,347 Total billed retail 852,374 2,025,760 556,617 275,013 787,076 Sales for resale (a) 179,834 154,771 84,360 17,506 93,615 Other electric revenues (b) 92,791 99,654 40,341 6,151 31,106 Revenues from contracts with customers 1,124,999 2,280,185 681,318 298,670 911,797 Other revenues (c) 8,661 54,057 4,341 239 (1,143) Total electric revenues 1,133,660 2,334,242 685,659 298,909 910,654 Natural gas — 41,000 — 49,166 — Total operating revenues $1,133,660 $2,375,242 $685,659 $348,075 $910,654 (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 an increase in 2020 in its allowance for doubtful accounts. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2022 and 2021. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 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 (b) 25.9 5.5 11.7 1.7 4.6 2.4 Write-offs (39.5) (2.8) (19.5) (8.8) (1.1) (7.3) Recoveries 5.0 1.4 1.9 1.2 0.2 0.3 Balance as of June 30, 2021 $109.1 $22.4 $39.8 $13.6 $21.1 $12.2 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. (b) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of $8.7 million for Entergy, $0.8 million for Entergy Arkansas, $5.9 million for Entergy Louisiana, $0.7 million for Entergy New Orleans, and $1.3 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy New Orleans [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,035,063 $855,586 Commercial 715,665 628,703 Industrial 878,194 756,959 Governmental 67,101 61,612 Total billed retail 2,696,023 2,302,860 Sales for resale (a) 249,035 119,130 Other electric revenues (b) 302,351 187,078 Revenues from contracts with customers 3,247,409 2,609,068 Other revenues (c) 10,846 32,307 Total electric revenues 3,258,255 2,641,375 Natural gas 48,008 31,998 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 87,710 146,680 Other revenues (c) 1,223 2,017 Total competitive businesses revenues 88,933 148,697 Total operating revenues $3,395,196 $2,822,070 Entergy’s total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $2,021,085 $1,822,441 Commercial 1,350,290 1,201,380 Industrial 1,621,828 1,354,610 Governmental 124,395 118,409 Total billed retail 5,117,598 4,496,840 Sales for resale (a) 377,994 324,205 Other electric revenues (b) 396,231 267,339 Revenues from contracts with customers 5,891,823 5,088,384 Other revenues (c) 22,208 91,410 Total electric revenues 5,914,031 5,179,794 Natural gas 120,369 90,166 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 232,534 378,794 Other revenues (c) 6,188 18,153 Total competitive businesses revenues 238,722 396,947 Total operating revenues $6,273,122 $5,666,907 The Utility operating companies’ total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Total electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,103 $340,643 $117,461 $60,186 $166,193 Commercial 111,187 262,351 101,644 51,092 102,429 Industrial 114,284 475,185 36,545 8,028 122,917 Governmental 4,536 21,547 10,873 18,312 6,344 Total billed retail 401,110 1,099,726 266,523 137,618 397,883 Sales for resale (a) 69,750 74,343 44,050 12,810 19,542 Other electric revenues (b) 73,209 55,745 36,390 9,510 13,577 Revenues from contracts with customers 544,069 1,229,814 346,963 159,938 431,002 Other revenues (c) 6,205 24,765 2,077 (177) (568) Total electric revenues 550,274 1,254,579 349,040 159,761 430,434 Natural gas — 13,019 — 18,979 — Total operating revenues $550,274 $1,267,598 $349,040 $178,740 $430,434 The Utility operating companies’ total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Total electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $408,284 $676,403 $265,097 $126,613 $346,044 Commercial 217,603 487,000 199,580 98,891 198,306 Industrial 217,696 822,194 70,524 14,817 229,379 Governmental 8,791 40,163 21,416 34,692 13,347 Total billed retail 852,374 2,025,760 556,617 275,013 787,076 Sales for resale (a) 179,834 154,771 84,360 17,506 93,615 Other electric revenues (b) 92,791 99,654 40,341 6,151 31,106 Revenues from contracts with customers 1,124,999 2,280,185 681,318 298,670 911,797 Other revenues (c) 8,661 54,057 4,341 239 (1,143) Total electric revenues 1,133,660 2,334,242 685,659 298,909 910,654 Natural gas — 41,000 — 49,166 — Total operating revenues $1,133,660 $2,375,242 $685,659 $348,075 $910,654 (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 an increase in 2020 in its allowance for doubtful accounts. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2022 and 2021. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 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 (b) 25.9 5.5 11.7 1.7 4.6 2.4 Write-offs (39.5) (2.8) (19.5) (8.8) (1.1) (7.3) Recoveries 5.0 1.4 1.9 1.2 0.2 0.3 Balance as of June 30, 2021 $109.1 $22.4 $39.8 $13.6 $21.1 $12.2 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. (b) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of $8.7 million for Entergy, $0.8 million for Entergy Arkansas, $5.9 million for Entergy Louisiana, $0.7 million for Entergy New Orleans, and $1.3 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy Texas [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,035,063 $855,586 Commercial 715,665 628,703 Industrial 878,194 756,959 Governmental 67,101 61,612 Total billed retail 2,696,023 2,302,860 Sales for resale (a) 249,035 119,130 Other electric revenues (b) 302,351 187,078 Revenues from contracts with customers 3,247,409 2,609,068 Other revenues (c) 10,846 32,307 Total electric revenues 3,258,255 2,641,375 Natural gas 48,008 31,998 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 87,710 146,680 Other revenues (c) 1,223 2,017 Total competitive businesses revenues 88,933 148,697 Total operating revenues $3,395,196 $2,822,070 Entergy’s total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $2,021,085 $1,822,441 Commercial 1,350,290 1,201,380 Industrial 1,621,828 1,354,610 Governmental 124,395 118,409 Total billed retail 5,117,598 4,496,840 Sales for resale (a) 377,994 324,205 Other electric revenues (b) 396,231 267,339 Revenues from contracts with customers 5,891,823 5,088,384 Other revenues (c) 22,208 91,410 Total electric revenues 5,914,031 5,179,794 Natural gas 120,369 90,166 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 232,534 378,794 Other revenues (c) 6,188 18,153 Total competitive businesses revenues 238,722 396,947 Total operating revenues $6,273,122 $5,666,907 The Utility operating companies’ total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Total electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,103 $340,643 $117,461 $60,186 $166,193 Commercial 111,187 262,351 101,644 51,092 102,429 Industrial 114,284 475,185 36,545 8,028 122,917 Governmental 4,536 21,547 10,873 18,312 6,344 Total billed retail 401,110 1,099,726 266,523 137,618 397,883 Sales for resale (a) 69,750 74,343 44,050 12,810 19,542 Other electric revenues (b) 73,209 55,745 36,390 9,510 13,577 Revenues from contracts with customers 544,069 1,229,814 346,963 159,938 431,002 Other revenues (c) 6,205 24,765 2,077 (177) (568) Total electric revenues 550,274 1,254,579 349,040 159,761 430,434 Natural gas — 13,019 — 18,979 — Total operating revenues $550,274 $1,267,598 $349,040 $178,740 $430,434 The Utility operating companies’ total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Total electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $408,284 $676,403 $265,097 $126,613 $346,044 Commercial 217,603 487,000 199,580 98,891 198,306 Industrial 217,696 822,194 70,524 14,817 229,379 Governmental 8,791 40,163 21,416 34,692 13,347 Total billed retail 852,374 2,025,760 556,617 275,013 787,076 Sales for resale (a) 179,834 154,771 84,360 17,506 93,615 Other electric revenues (b) 92,791 99,654 40,341 6,151 31,106 Revenues from contracts with customers 1,124,999 2,280,185 681,318 298,670 911,797 Other revenues (c) 8,661 54,057 4,341 239 (1,143) Total electric revenues 1,133,660 2,334,242 685,659 298,909 910,654 Natural gas — 41,000 — 49,166 — Total operating revenues $1,133,660 $2,375,242 $685,659 $348,075 $910,654 (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 an increase in 2020 in its allowance for doubtful accounts. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2022 and 2021. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 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 (b) 25.9 5.5 11.7 1.7 4.6 2.4 Write-offs (39.5) (2.8) (19.5) (8.8) (1.1) (7.3) Recoveries 5.0 1.4 1.9 1.2 0.2 0.3 Balance as of June 30, 2021 $109.1 $22.4 $39.8 $13.6 $21.1 $12.2 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. (b) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of $8.7 million for Entergy, $0.8 million for Entergy Arkansas, $5.9 million for Entergy Louisiana, $0.7 million for Entergy New Orleans, and $1.3 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
System Energy [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,035,063 $855,586 Commercial 715,665 628,703 Industrial 878,194 756,959 Governmental 67,101 61,612 Total billed retail 2,696,023 2,302,860 Sales for resale (a) 249,035 119,130 Other electric revenues (b) 302,351 187,078 Revenues from contracts with customers 3,247,409 2,609,068 Other revenues (c) 10,846 32,307 Total electric revenues 3,258,255 2,641,375 Natural gas 48,008 31,998 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 87,710 146,680 Other revenues (c) 1,223 2,017 Total competitive businesses revenues 88,933 148,697 Total operating revenues $3,395,196 $2,822,070 Entergy’s total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $2,021,085 $1,822,441 Commercial 1,350,290 1,201,380 Industrial 1,621,828 1,354,610 Governmental 124,395 118,409 Total billed retail 5,117,598 4,496,840 Sales for resale (a) 377,994 324,205 Other electric revenues (b) 396,231 267,339 Revenues from contracts with customers 5,891,823 5,088,384 Other revenues (c) 22,208 91,410 Total electric revenues 5,914,031 5,179,794 Natural gas 120,369 90,166 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 232,534 378,794 Other revenues (c) 6,188 18,153 Total competitive businesses revenues 238,722 396,947 Total operating revenues $6,273,122 $5,666,907 The Utility operating companies’ total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Total electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,103 $340,643 $117,461 $60,186 $166,193 Commercial 111,187 262,351 101,644 51,092 102,429 Industrial 114,284 475,185 36,545 8,028 122,917 Governmental 4,536 21,547 10,873 18,312 6,344 Total billed retail 401,110 1,099,726 266,523 137,618 397,883 Sales for resale (a) 69,750 74,343 44,050 12,810 19,542 Other electric revenues (b) 73,209 55,745 36,390 9,510 13,577 Revenues from contracts with customers 544,069 1,229,814 346,963 159,938 431,002 Other revenues (c) 6,205 24,765 2,077 (177) (568) Total electric revenues 550,274 1,254,579 349,040 159,761 430,434 Natural gas — 13,019 — 18,979 — Total operating revenues $550,274 $1,267,598 $349,040 $178,740 $430,434 The Utility operating companies’ total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Total electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $408,284 $676,403 $265,097 $126,613 $346,044 Commercial 217,603 487,000 199,580 98,891 198,306 Industrial 217,696 822,194 70,524 14,817 229,379 Governmental 8,791 40,163 21,416 34,692 13,347 Total billed retail 852,374 2,025,760 556,617 275,013 787,076 Sales for resale (a) 179,834 154,771 84,360 17,506 93,615 Other electric revenues (b) 92,791 99,654 40,341 6,151 31,106 Revenues from contracts with customers 1,124,999 2,280,185 681,318 298,670 911,797 Other revenues (c) 8,661 54,057 4,341 239 (1,143) Total electric revenues 1,133,660 2,334,242 685,659 298,909 910,654 Natural gas — 41,000 — 49,166 — Total operating revenues $1,133,660 $2,375,242 $685,659 $348,075 $910,654 (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 an increase in 2020 in its allowance for doubtful accounts. The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2022 and 2021. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 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 (b) 25.9 5.5 11.7 1.7 4.6 2.4 Write-offs (39.5) (2.8) (19.5) (8.8) (1.1) (7.3) Recoveries 5.0 1.4 1.9 1.2 0.2 0.3 Balance as of June 30, 2021 $109.1 $22.4 $39.8 $13.6 $21.1 $12.2 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. (b) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of $8.7 million for Entergy, $0.8 million for Entergy Arkansas, $5.9 million for Entergy Louisiana, $0.7 million for Entergy New Orleans, and $1.3 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.

Business Combinations and Asset

Business Combinations and Asset Acquisitions	6 Months Ended
	Jun. 30, 2022
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	ACQUISITIONS AND DISPOSITIONS (Entergy Corporation and Entergy Mississippi) Acquisitions Sunflower Solar In November 2018, Entergy Mississippi entered into an agreement for the purchase of an approximately 100 MW solar photovoltaic facility to be sited on approximately 1,000 acres in Sunflower County, Mississippi. The project, Sunflower Solar facility, was being built by Sunflower County Solar Project, LLC, an indirect subsidiary of Recurrent Energy, LLC. In December 2018, Entergy Mississippi filed a joint petition with Sunflower County Solar Project with the MPSC for Sunflower County Solar Project to construct and for Entergy Mississippi to acquire and thereafter own, operate, improve, and maintain the solar facility. In March 2020, Entergy Mississippi filed supplemental testimony addressing questions and observations raised in August 2019 by consultants retained by the Mississippi Public Utilities Staff and proposing an alternative structure for the transaction that would reduce its cost. In April 2020 the MPSC issued an order approving certification of the Sunflower Solar facility, subject to certain conditions, including: (i) that Entergy Mississippi pursue a tax equity partnership structure through which the partnership would acquire and own the facility under the build-own-transfer agreement and (ii) that if Entergy Mississippi does not consummate the partnership structure under the terms of the order, there will be a cap of $136 million on the level of recoverable costs. In April 2022, Entergy Mississippi confirmed mechanical completion of the Sunflower Solar facility. Pursuant to the MPSC’s April 2020 order, MS Sunflower Partnership, LLC was formed for the tax equity partnership with Entergy Mississippi as its managing member. In May 2022 both Entergy Mississippi and the tax equity investor made capital contributions to the tax equity partnership that were then used to make an initial payment of $105 million for acquisition of the facility. A final payment will be made upon substantial completion of the facility and is currently expected in third quarter 2022. Dispositions Palisades In July 2018, Entergy entered into a purchase and sale agreement with Holtec International to sell to a Holtec subsidiary 100% of the equity interests in the subsidiary that owns Palisades and the Big Rock Point Site. In December 2020, Entergy and Holtec submitted a license transfer application to the NRC requesting approval to transfer the Palisades and Big Rock Point licenses from Entergy to Holtec. The NRC issued an order approving the application in December 2021. Palisades was shut down in May 2022 and defueled in June 2022. The Palisades transaction closed in June 2022 for a purchase price of $1,000 (subject to adjustment for net liabilities and other amounts). The sale included the transfer of the Palisades nuclear decommissioning trust and the asset retirement obligation for spent fuel management and plant decommissioning. The transaction resulted in a gain of $166 million ($130 million net-of-tax) in the second quarter 2022. The disposition-date fair value of the nuclear decommissioning trust fund was approximately $552 million and the disposition-date fair value of the asset retirement obligation was approximately $708 million. The transaction also included property, plant, and equipment with a net book value of zero and materials and supplies.
Entergy Mississippi [Member]
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	ACQUISITIONS AND DISPOSITIONS (Entergy Corporation and Entergy Mississippi) Acquisitions Sunflower Solar In November 2018, Entergy Mississippi entered into an agreement for the purchase of an approximately 100 MW solar photovoltaic facility to be sited on approximately 1,000 acres in Sunflower County, Mississippi. The project, Sunflower Solar facility, was being built by Sunflower County Solar Project, LLC, an indirect subsidiary of Recurrent Energy, LLC. In December 2018, Entergy Mississippi filed a joint petition with Sunflower County Solar Project with the MPSC for Sunflower County Solar Project to construct and for Entergy Mississippi to acquire and thereafter own, operate, improve, and maintain the solar facility. In March 2020, Entergy Mississippi filed supplemental testimony addressing questions and observations raised in August 2019 by consultants retained by the Mississippi Public Utilities Staff and proposing an alternative structure for the transaction that would reduce its cost. In April 2020 the MPSC issued an order approving certification of the Sunflower Solar facility, subject to certain conditions, including: (i) that Entergy Mississippi pursue a tax equity partnership structure through which the partnership would acquire and own the facility under the build-own-transfer agreement and (ii) that if Entergy Mississippi does not consummate the partnership structure under the terms of the order, there will be a cap of $136 million on the level of recoverable costs. In April 2022, Entergy Mississippi confirmed mechanical completion of the Sunflower Solar facility. Pursuant to the MPSC’s April 2020 order, MS Sunflower Partnership, LLC was formed for the tax equity partnership with Entergy Mississippi as its managing member. In May 2022 both Entergy Mississippi and the tax equity investor made capital contributions to the tax equity partnership that were then used to make an initial payment of $105 million for acquisition of the facility. A final payment will be made upon substantial completion of the facility and is currently expected in third quarter 2022. Dispositions Palisades In July 2018, Entergy entered into a purchase and sale agreement with Holtec International to sell to a Holtec subsidiary 100% of the equity interests in the subsidiary that owns Palisades and the Big Rock Point Site. In December 2020, Entergy and Holtec submitted a license transfer application to the NRC requesting approval to transfer the Palisades and Big Rock Point licenses from Entergy to Holtec. The NRC issued an order approving the application in December 2021. Palisades was shut down in May 2022 and defueled in June 2022. The Palisades transaction closed in June 2022 for a purchase price of $1,000 (subject to adjustment for net liabilities and other amounts). The sale included the transfer of the Palisades nuclear decommissioning trust and the asset retirement obligation for spent fuel management and plant decommissioning. The transaction resulted in a gain of $166 million ($130 million net-of-tax) in the second quarter 2022. The disposition-date fair value of the nuclear decommissioning trust fund was approximately $552 million and the disposition-date fair value of the asset retirement obligation was approximately $708 million. The transaction also included property, plant, and equipment with a net book value of zero and materials and supplies.

Equity (Tables)

Equity (Tables)	6 Months Ended
	Jun. 30, 2022
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 statements of operations: For the Three Months Ended June 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings (loss) per share Net income (loss) attributable to Entergy Corporation $159.7 203.4 $0.79 ($6.0) 200.8 ($0.03) Average dilutive effect of: Stock options 0.5 (0.01) — — Other equity plans 0.5 — — — Equity Forwards 0.3 — — — Diluted earnings (loss) per share $159.7 204.7 $0.78 ($6.0) 200.8 ($0.03) The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.9 million for the three months ended June 30, 2022 and approximately 1 million for the three months ended June 30, 2021. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated statements of operations: For the Six Months Ended June 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $436.1 203.2 $2.15 $328.6 200.7 $1.64 Average dilutive effect of: Stock options 0.5 (0.01) 0.4 (0.01) Other equity plans 0.4 (0.01) 0.3 — Equity forwards 0.2 — — — Diluted earnings per share $436.1 204.3 $2.13 $328.6 201.4 $1.63 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.9 million for the six months ended June 30, 2022 and approximately 1 million for the six months ended June 30, 2021.
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2022 ($1,011) ($330,319) ($5,248) ($336,578) Other comprehensive income (loss) before reclassifications (14) — 4,101 4,087 Amounts reclassified from accumulated other comprehensive income 38 6,045 2,370 8,453 Net other comprehensive income for the period 24 6,045 6,471 12,540 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, April 1, 2021 ($861) ($511,609) $11,963 ($500,507) Other comprehensive income (loss) before reclassifications (14) — 648 634 Amounts reclassified from accumulated other comprehensive income (loss) (208) 22,098 (756) 21,134 Net other comprehensive income (loss) for the period (222) 22,098 (108) 21,768 Ending balance, June 30, 2021 ($1,083) ($489,511) $11,855 ($478,739) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2022 ($1,035) ($338,647) $7,154 ($332,528) Other comprehensive income (loss) before reclassifications (29) — (11,774) (11,803) Amounts reclassified from accumulated other comprehensive income (loss) 77 14,373 5,843 20,293 Net other comprehensive income (loss) for the period 48 14,373 (5,931) 8,490 Ending balance, June 30, 2022 ($987) ($324,274) $1,223 ($324,038) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 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 1,467 — (44,653) (43,186) Amounts reclassified from accumulated other comprehensive income (loss) (31,269) 45,065 (142) 13,654 Net other comprehensive income (loss) for the period (29,802) 45,065 (44,795) (29,532) Ending balance, June 30, 2021 ($1,083) ($489,511) $11,855 ($478,739)
Reclassification out of Accumulated Other Comprehensive Income	Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $— $312 Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges (48) 264 Income taxes 10 (56) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($38) $208 Pension and other postretirement liabilities Amortization of prior-service credit $3,837 $5,248 (a) Amortization of loss (10,979) (27,534) (a) Settlement loss (545) (6,043) (a) Total amortization (7,687) (28,329) Income taxes 1,642 6,231 Income taxes Total amortization (net of tax) ($6,045) ($22,098) Net unrealized investment gain (loss) Realized gain (loss) ($3,750) $1,196 Interest and investment income Income taxes 1,380 (440) Income taxes Total realized investment gain (loss) (net of tax) ($2,370) $756 Total reclassifications for the period (net of tax) ($8,453) ($21,134) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the six months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $— $39,679 Competitive business operating revenues Interest rate swaps (97) (97) Miscellaneous - net Total realized gain (loss) on cash flow hedges (97) 39,582 Income taxes 20 (8,313) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($77) $31,269 Pension and other postretirement liabilities Amortization of prior-service credit $7,674 $10,496 (a) Amortization of loss (24,904) (62,063) (a) Settlement loss (1,327) (6,043) (a) Total amortization (18,557) (57,610) Income taxes 4,184 12,545 Income taxes Total amortization (net of tax) ($14,373) ($45,065) Net unrealized investment gain (loss) Realized gain (loss) ($9,245) $224 Interest and investment income Income taxes 3,402 (82) Income taxes Total realized investment gain (loss) (net of tax) ($5,843) $142 Total reclassifications for the period (net of tax) ($20,293) ($13,654) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.
Entergy Louisiana [Member]
Schedule of noncontrolling interest	The dollar value of noncontrolling interest for Entergy Louisiana as of June 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Louisiana Noncontrolling Interest Restoration Law Trust I (a) $31,894 $— Total Noncontrolling Interest $31,894 $— (a) Restoration Law Trust I was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Laura, Hurricane Delta, Hurricane Zeta, and Winter Storm Uri restoration costs, as well as to establish a storm reserve to fund a portion of Hurricane Ida storm restoration costs. Restoration Law Trust I holds preferred membership interests issued by Entergy Finance Company and Entergy Finance Company is required to make annual distributions (dividends) on the preferred membership interests. These annual dividends paid on the Entergy Finance Company preferred membership interests will be distributed 1% to the LURC and 99% to Entergy Louisiana. Entergy Louisiana, as the primary beneficiary, consolidates Restoration Law Trust I and the LURC’s 1% beneficial interest is shown as noncontrolling interest in the consolidated financial statements for Entergy Louisiana and Entergy. See Note 2 to the financial statements herein for a discussion of the Entergy Louisiana securitization.
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2022 and 2021: Pension and Other 2022 2021 (In Thousands) Beginning balance, April 1, $7,665 $3,920 Amounts reclassified from accumulated other comprehensive income (loss) (491) 588 Net other comprehensive income (loss) for the period (491) 588 Ending balance, June 30, $7,174 $4,508 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 2022 and 2021: Pension and Other 2022 2021 (In Thousands) Beginning balance, January 1, $8,278 $4,327 Amounts reclassified from accumulated other comprehensive income (loss) (1,104) 181 Net other comprehensive income (loss) for the period (1,104) 181 Ending balance, June 30, $7,174 $4,508
Reclassification out of Accumulated Other Comprehensive Income	Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,158 $1,230 (a) Amortization of loss (308) (626) (a) Settlement loss (178) (1,400) (a) Total amortization 672 (796) Income taxes (181) 208 Income taxes Total amortization (net of tax) 491 (588) Total reclassifications for the period (net of tax) $491 ($588) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the six months ended June 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $2,316 $2,460 (a) Amortization of loss (627) (1,305) (a) Settlement loss (178) (1,400) (a) Total amortization 1,511 (245) Income taxes (407) 64 Income taxes Total amortization (net of tax) 1,104 (181) Total reclassifications for the period (net of tax) $1,104 ($181) (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 Mississippi [Member]
Schedule of noncontrolling interest	The dollar value of noncontrolling interest for Entergy Mississippi as of June 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Mississippi Noncontrolling Interest MS Sunflower Partnership, LLC (a) $9,595 $— Total Noncontrolling Interest $9,595 $— (a) In May 2022, MS Sunflower Partnership, LLC, a tax equity partnership between Entergy Mississippi and a tax equity investor, made the initial payment for the purchase of the Sunflower Solar facility. A final payment will be made upon substantial completion of the facility and is currently expected in third quarter 2022. Entergy Mississippi, as the managing member, consolidates MS Sunflower Partnership, LLC and the tax equity investor’s interest is shown as noncontrolling interest in the consolidated financial statements for Entergy Mississippi and Entergy. Entergy Mississippi uses the HLBV method of accounting for income or loss allocation to the tax equity investor’s noncontrolling interest. See Note 1 to the financial statements in the Form 10-K for further discussion of the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC which is the basis for treatment of Entergy Mississippi’s investment in MS Sunflower Partnership, LLC.

Revolving Credit Facilities, _2

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	As of June 30, 2022, amounts outstanding and capacity available under the $3.5 billion credit facility are: Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $3 $3,347
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $70.0 million Entergy Mississippi $65 million 0.78% $4.3 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $79.6 million (a) As of June 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2022, in addition to the $4.3 million MISO letters of credit, Entergy Mississippi had $7 million in non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 1.55% $12 Entergy Louisiana River Bend VIE June 2025 $105 1.37% $20 Entergy Louisiana Waterford VIE June 2025 $105 1.49% $70.4 System Energy VIE June 2025 $120 1.54% $93.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances 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 June 30, 2022 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Arkansas [Member]
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 3.19% $— $— Entergy Arkansas June 2027 $150 million (c) 2.75% $— $— Entergy Louisiana June 2027 $350 million (c) 2.88% $— $— Entergy Mississippi April 2023 $45 million (d) 3.13% $— $— Entergy Mississippi April 2023 $40 million (d) 3.13% $— $— Entergy Mississippi April 2023 $10 million (d) 3.13% $— $— Entergy Mississippi July 2024 $150 million 2.42% $100 million $— Entergy New Orleans June 2024 $25 million (c) 3.29% $— $— Entergy Texas June 2027 $150 million (c) 2.88% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2022 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $70.0 million Entergy Mississippi $65 million 0.78% $4.3 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $79.6 million (a) As of June 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2022, in addition to the $4.3 million MISO letters of credit, Entergy Mississippi had $7 million in non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 1.55% $12 Entergy Louisiana River Bend VIE June 2025 $105 1.37% $20 Entergy Louisiana Waterford VIE June 2025 $105 1.49% $70.4 System Energy VIE June 2025 $120 1.54% $93.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances 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 June 30, 2022 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Louisiana [Member]
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 3.19% $— $— Entergy Arkansas June 2027 $150 million (c) 2.75% $— $— Entergy Louisiana June 2027 $350 million (c) 2.88% $— $— Entergy Mississippi April 2023 $45 million (d) 3.13% $— $— Entergy Mississippi April 2023 $40 million (d) 3.13% $— $— Entergy Mississippi April 2023 $10 million (d) 3.13% $— $— Entergy Mississippi July 2024 $150 million 2.42% $100 million $— Entergy New Orleans June 2024 $25 million (c) 3.29% $— $— Entergy Texas June 2027 $150 million (c) 2.88% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2022 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $70.0 million Entergy Mississippi $65 million 0.78% $4.3 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $79.6 million (a) As of June 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2022, in addition to the $4.3 million MISO letters of credit, Entergy Mississippi had $7 million in non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 1.55% $12 Entergy Louisiana River Bend VIE June 2025 $105 1.37% $20 Entergy Louisiana Waterford VIE June 2025 $105 1.49% $70.4 System Energy VIE June 2025 $120 1.54% $93.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances 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 June 30, 2022 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Mississippi [Member]
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 3.19% $— $— Entergy Arkansas June 2027 $150 million (c) 2.75% $— $— Entergy Louisiana June 2027 $350 million (c) 2.88% $— $— Entergy Mississippi April 2023 $45 million (d) 3.13% $— $— Entergy Mississippi April 2023 $40 million (d) 3.13% $— $— Entergy Mississippi April 2023 $10 million (d) 3.13% $— $— Entergy Mississippi July 2024 $150 million 2.42% $100 million $— Entergy New Orleans June 2024 $25 million (c) 3.29% $— $— Entergy Texas June 2027 $150 million (c) 2.88% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2022 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $70.0 million Entergy Mississippi $65 million 0.78% $4.3 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $79.6 million (a) As of June 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2022, in addition to the $4.3 million MISO letters of credit, Entergy Mississippi had $7 million in non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy New Orleans [Member]
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 3.19% $— $— Entergy Arkansas June 2027 $150 million (c) 2.75% $— $— Entergy Louisiana June 2027 $350 million (c) 2.88% $— $— Entergy Mississippi April 2023 $45 million (d) 3.13% $— $— Entergy Mississippi April 2023 $40 million (d) 3.13% $— $— Entergy Mississippi April 2023 $10 million (d) 3.13% $— $— Entergy Mississippi July 2024 $150 million 2.42% $100 million $— Entergy New Orleans June 2024 $25 million (c) 3.29% $— $— Entergy Texas June 2027 $150 million (c) 2.88% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2022 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $70.0 million Entergy Mississippi $65 million 0.78% $4.3 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $79.6 million (a) As of June 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2022, in addition to the $4.3 million MISO letters of credit, Entergy Mississippi had $7 million in non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Texas [Member]
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of June 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 3.19% $— $— Entergy Arkansas June 2027 $150 million (c) 2.75% $— $— Entergy Louisiana June 2027 $350 million (c) 2.88% $— $— Entergy Mississippi April 2023 $45 million (d) 3.13% $— $— Entergy Mississippi April 2023 $40 million (d) 3.13% $— $— Entergy Mississippi April 2023 $10 million (d) 3.13% $— $— Entergy Mississippi July 2024 $150 million 2.42% $100 million $— Entergy New Orleans June 2024 $25 million (c) 3.29% $— $— Entergy Texas June 2027 $150 million (c) 2.88% $— $1.1 million (a) The interest rate is the estimated interest rate as of June 30, 2022 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the short-term Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option.
Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations [Table Text Block]	Following is a summary of the uncommitted standby letter of credit facilities as of June 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $4.5 million Entergy Louisiana $125 million 0.78% $70.0 million Entergy Mississippi $65 million 0.78% $4.3 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $79.6 million (a) As of June 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of June 30, 2022, in addition to the $4.3 million MISO letters of credit, Entergy Mississippi had $7 million in non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
System Energy [Member]
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of June 30, 2022 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $200 $— Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of June 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 1.55% $12 Entergy Louisiana River Bend VIE June 2025 $105 1.37% $20 Entergy Louisiana Waterford VIE June 2025 $105 1.49% $70.4 System Energy VIE June 2025 $120 1.54% $93.8 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances 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 June 30, 2022 as follows: Company Description Amount Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Arkansas VIE 1.84% Series N due July 2026 $90 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 2.05% Series K due September 2027 $90 million
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of June 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $25,452,926 $23,227,270 Entergy Arkansas $4,175,929 $3,805,958 Entergy Louisiana $10,369,840 $9,626,860 Entergy Mississippi $2,430,499 $2,134,560 Entergy New Orleans $782,815 $743,715 Entergy Texas $2,612,874 $2,360,498 System Energy $798,615 $743,102 (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, 2021 were as follows: Book Value Fair Value (In Thousands) Entergy $25,880,901 $27,061,171 Entergy Arkansas $3,958,862 $4,176,577 Entergy Louisiana $10,914,346 $11,492,650 Entergy Mississippi $2,179,989 $2,346,230 Entergy New Orleans $788,165 $765,538 Entergy Texas $2,354,148 $2,483,995 System Energy $741,296 $743,040 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables) - Entergy Corporation [Member]	6 Months Ended
	Jun. 30, 2022
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Financial Information For Stock Options	The following table includes financial information for outstanding stock options for the three months ended June 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s consolidated net income $1.2 $1.0 Tax benefit recognized in Entergy’s consolidated net income $0.3 $0.2 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 six months ended June 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s net income $2.3 $2.0 Tax benefit recognized in Entergy’s net income $0.6 $0.5 Compensation cost capitalized as part of fixed assets and materials and supplies $0.8 $0.8
Financial Information For Restricted Stock	The following table includes financial information for other outstanding equity awards for the three months ended June 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s consolidated net income $10.6 $9.7 Tax benefit recognized in Entergy’s consolidated net income $2.7 $2.5 Compensation cost capitalized as part of fixed assets and materials and supplies $4.3 $4.0 The following table includes financial information for other outstanding equity awards for the six months ended June 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s net income $22.0 $20.5 Tax benefit recognized in Entergy’s net income $5.6 $5.2 Compensation cost capitalized as part of fixed assets and materials and supplies $8.7 $8.0

Retirement And Other Postreti_2

Retirement And Other Postretirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2022
Defined Benefit Plan Disclosure [Line Items]
Reclassification out of Accumulated Other Comprehensive Income, amortization	Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — — ($178) ($671) $1,344 ($1) $672 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (26,443) (496) (595) (27,534) Settlement loss (6,043) — — (6,043) ($32,486) $4,792 ($635) ($28,329) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (716) 91 (1) (626) Settlement loss (1,400) — — (1,400) ($2,116) $1,321 ($1) ($796) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) Settlement loss (178) — — (178) ($1,175) $2,688 ($2) $1,511 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,576 ($80) $10,496 Amortization of net loss (59,883) (990) (1,190) (62,063) Settlement loss (6,043) — — (6,043) ($65,926) $9,586 ($1,270) ($57,610) Entergy Louisiana Amortization of prior service credit $— $2,460 $— $2,460 Amortization of net gain (loss) (1,484) 182 (3) (1,305) Settlement loss (1,400) — — (1,400) ($2,884) $2,642 ($3) ($245)
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	Entergy’s qualified pension costs, including amounts capitalized, for the second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $36,977 $42,951 Interest cost on projected benefit obligation 52,676 47,382 Expected return on assets (103,085) (106,039) Amortization of net loss 56,413 92,799 Settlement charges 22,653 111,549 Net pension costs $65,634 $188,642 Entergy’s qualified pension costs, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $74,637 $88,191 Interest cost on projected benefit obligation 103,795 93,480 Expected return on assets (206,692) (211,753) Amortization of net loss 116,992 197,190 Settlement charges 22,653 111,549 Net pension costs $111,385 $278,657
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 second quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $6,184 $6,645 Interest cost on accumulated postretirement benefit obligation (APBO) 6,827 5,320 Expected return on assets (10,855) (10,805) Amortization of prior service credit (6,388) (8,267) Amortization of net loss 1,083 713 Net other postretirement benefit income ($3,149) ($6,394) Entergy’s other postretirement benefit income, including amounts capitalized, for the six months ended June 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $12,368 $13,290 Interest cost on accumulated postretirement benefit obligation (APBO) 13,654 10,640 Expected return on assets (21,710) (21,610) Amortization of prior service credit (12,776) (16,534) Amortization of net loss 2,166 1,426 Net other postretirement benefit income ($6,298) ($12,788)
Entergy Arkansas [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $7,255 $9,759 $2,304 $774 $1,757 $2,253 Interest cost on projected benefit obligation 8,752 9,864 2,571 1,079 2,052 2,236 Expected return on assets (19,640) (22,516) (5,600) (2,641) (5,272) (4,804) Amortization of net loss 18,250 17,890 5,309 2,069 3,415 4,933 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $39,003 $49,989 $12,346 $4,866 $8,578 $9,256 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $14,674 $19,803 $4,668 $1,569 $3,557 $4,566 Interest cost on projected benefit obligation 17,092 19,425 5,034 2,108 4,002 4,378 Expected return on assets (39,311) (45,055) (11,186) (5,263) (10,510) (9,583) Amortization of net loss 37,552 37,093 10,976 4,340 7,126 10,258 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $54,393 $66,258 $17,254 $6,339 $10,801 $14,257
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2022: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2022 pension contributions $40,840 $22,917 $12,852 $922 $1,924 $12,760 Pension contributions made through June 2022 $21,532 $13,410 $5,442 $922 $1,486 $6,187 Remaining estimated pension contributions to be made in 2022 $19,308 $9,507 $7,410 $— $438 $6,573
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 second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost/(credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefit cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) 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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost/(credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefit cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,068 $3,088 $724 $218 $692 $670 Interest cost on APBO 1,864 2,260 556 260 634 440 Expected return on assets (9,010) — (2,768) (2,876) (5,096) (1,578) Amortization of prior service credit (560) (2,460) (888) (458) (1,872) (218) Amortization of net (gain) loss 98 (182) 38 (356) 200 30 Net other postretirement benefit cost (income) ($5,540) $2,706 ($2,338) ($3,212) ($5,442) ($656)
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 second quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $71 $26 $79 $27 $88 2021 $90 $44 $96 $8 $115 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $143 $53 $161 $56 $303 2021 $180 $88 $192 $16 $230 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan.
Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Reclassification out of Accumulated Other Comprehensive Income, amortization	Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $4,014 ($177) $3,837 Amortization of net loss (10,035) (596) (348) (10,979) Settlement loss (178) — (367) (545) ($10,213) $3,418 ($892) ($7,687) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (493) 186 (1) (308) Settlement loss (178) — — ($178) ($671) $1,344 ($1) $672 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (26,443) (496) (595) (27,534) Settlement loss (6,043) — — (6,043) ($32,486) $4,792 ($635) ($28,329) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (716) 91 (1) (626) Settlement loss (1,400) — — (1,400) ($2,116) $1,321 ($1) ($796) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $8,028 ($354) $7,674 Amortization of net loss (22,945) (1,192) (767) (24,904) Settlement loss (178) — (1,149) (1,327) ($23,123) $6,836 ($2,270) ($18,557) Entergy Louisiana Amortization of prior service credit $— $2,316 $— $2,316 Amortization of net gain (loss) (997) 372 (2) (627) Settlement loss (178) — — (178) ($1,175) $2,688 ($2) $1,511 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $10,576 ($80) $10,496 Amortization of net loss (59,883) (990) (1,190) (62,063) Settlement loss (6,043) — — (6,043) ($65,926) $9,586 ($1,270) ($57,610) Entergy Louisiana Amortization of prior service credit $— $2,460 $— $2,460 Amortization of net gain (loss) (1,484) 182 (3) (1,305) Settlement loss (1,400) — — (1,400) ($2,884) $2,642 ($3) ($245)
Entergy Louisiana [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $7,255 $9,759 $2,304 $774 $1,757 $2,253 Interest cost on projected benefit obligation 8,752 9,864 2,571 1,079 2,052 2,236 Expected return on assets (19,640) (22,516) (5,600) (2,641) (5,272) (4,804) Amortization of net loss 18,250 17,890 5,309 2,069 3,415 4,933 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $39,003 $49,989 $12,346 $4,866 $8,578 $9,256 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $14,674 $19,803 $4,668 $1,569 $3,557 $4,566 Interest cost on projected benefit obligation 17,092 19,425 5,034 2,108 4,002 4,378 Expected return on assets (39,311) (45,055) (11,186) (5,263) (10,510) (9,583) Amortization of net loss 37,552 37,093 10,976 4,340 7,126 10,258 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $54,393 $66,258 $17,254 $6,339 $10,801 $14,257
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2022: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2022 pension contributions $40,840 $22,917 $12,852 $922 $1,924 $12,760 Pension contributions made through June 2022 $21,532 $13,410 $5,442 $922 $1,486 $6,187 Remaining estimated pension contributions to be made in 2022 $19,308 $9,507 $7,410 $— $438 $6,573
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 second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost/(credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefit cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) 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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost/(credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefit cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,068 $3,088 $724 $218 $692 $670 Interest cost on APBO 1,864 2,260 556 260 634 440 Expected return on assets (9,010) — (2,768) (2,876) (5,096) (1,578) Amortization of prior service credit (560) (2,460) (888) (458) (1,872) (218) Amortization of net (gain) loss 98 (182) 38 (356) 200 30 Net other postretirement benefit cost (income) ($5,540) $2,706 ($2,338) ($3,212) ($5,442) ($656)
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 second quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $71 $26 $79 $27 $88 2021 $90 $44 $96 $8 $115 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $143 $53 $161 $56 $303 2021 $180 $88 $192 $16 $230 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan.
Entergy Mississippi [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $7,255 $9,759 $2,304 $774 $1,757 $2,253 Interest cost on projected benefit obligation 8,752 9,864 2,571 1,079 2,052 2,236 Expected return on assets (19,640) (22,516) (5,600) (2,641) (5,272) (4,804) Amortization of net loss 18,250 17,890 5,309 2,069 3,415 4,933 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $39,003 $49,989 $12,346 $4,866 $8,578 $9,256 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $14,674 $19,803 $4,668 $1,569 $3,557 $4,566 Interest cost on projected benefit obligation 17,092 19,425 5,034 2,108 4,002 4,378 Expected return on assets (39,311) (45,055) (11,186) (5,263) (10,510) (9,583) Amortization of net loss 37,552 37,093 10,976 4,340 7,126 10,258 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $54,393 $66,258 $17,254 $6,339 $10,801 $14,257
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2022: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2022 pension contributions $40,840 $22,917 $12,852 $922 $1,924 $12,760 Pension contributions made through June 2022 $21,532 $13,410 $5,442 $922 $1,486 $6,187 Remaining estimated pension contributions to be made in 2022 $19,308 $9,507 $7,410 $— $438 $6,573
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 second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost/(credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefit cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) 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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost/(credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefit cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,068 $3,088 $724 $218 $692 $670 Interest cost on APBO 1,864 2,260 556 260 634 440 Expected return on assets (9,010) — (2,768) (2,876) (5,096) (1,578) Amortization of prior service credit (560) (2,460) (888) (458) (1,872) (218) Amortization of net (gain) loss 98 (182) 38 (356) 200 30 Net other postretirement benefit cost (income) ($5,540) $2,706 ($2,338) ($3,212) ($5,442) ($656)
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 second quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $71 $26 $79 $27 $88 2021 $90 $44 $96 $8 $115 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $143 $53 $161 $56 $303 2021 $180 $88 $192 $16 $230 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan.
Entergy New Orleans [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $7,255 $9,759 $2,304 $774 $1,757 $2,253 Interest cost on projected benefit obligation 8,752 9,864 2,571 1,079 2,052 2,236 Expected return on assets (19,640) (22,516) (5,600) (2,641) (5,272) (4,804) Amortization of net loss 18,250 17,890 5,309 2,069 3,415 4,933 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $39,003 $49,989 $12,346 $4,866 $8,578 $9,256 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $14,674 $19,803 $4,668 $1,569 $3,557 $4,566 Interest cost on projected benefit obligation 17,092 19,425 5,034 2,108 4,002 4,378 Expected return on assets (39,311) (45,055) (11,186) (5,263) (10,510) (9,583) Amortization of net loss 37,552 37,093 10,976 4,340 7,126 10,258 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $54,393 $66,258 $17,254 $6,339 $10,801 $14,257
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2022: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2022 pension contributions $40,840 $22,917 $12,852 $922 $1,924 $12,760 Pension contributions made through June 2022 $21,532 $13,410 $5,442 $922 $1,486 $6,187 Remaining estimated pension contributions to be made in 2022 $19,308 $9,507 $7,410 $— $438 $6,573
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 second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost/(credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefit cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) 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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost/(credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefit cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,068 $3,088 $724 $218 $692 $670 Interest cost on APBO 1,864 2,260 556 260 634 440 Expected return on assets (9,010) — (2,768) (2,876) (5,096) (1,578) Amortization of prior service credit (560) (2,460) (888) (458) (1,872) (218) Amortization of net (gain) loss 98 (182) 38 (356) 200 30 Net other postretirement benefit cost (income) ($5,540) $2,706 ($2,338) ($3,212) ($5,442) ($656)
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 second quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $71 $26 $79 $27 $88 2021 $90 $44 $96 $8 $115 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $143 $53 $161 $56 $303 2021 $180 $88 $192 $16 $230 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan.
Entergy Texas [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $7,255 $9,759 $2,304 $774 $1,757 $2,253 Interest cost on projected benefit obligation 8,752 9,864 2,571 1,079 2,052 2,236 Expected return on assets (19,640) (22,516) (5,600) (2,641) (5,272) (4,804) Amortization of net loss 18,250 17,890 5,309 2,069 3,415 4,933 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $39,003 $49,989 $12,346 $4,866 $8,578 $9,256 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $14,674 $19,803 $4,668 $1,569 $3,557 $4,566 Interest cost on projected benefit obligation 17,092 19,425 5,034 2,108 4,002 4,378 Expected return on assets (39,311) (45,055) (11,186) (5,263) (10,510) (9,583) Amortization of net loss 37,552 37,093 10,976 4,340 7,126 10,258 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $54,393 $66,258 $17,254 $6,339 $10,801 $14,257
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2022: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2022 pension contributions $40,840 $22,917 $12,852 $922 $1,924 $12,760 Pension contributions made through June 2022 $21,532 $13,410 $5,442 $922 $1,486 $6,187 Remaining estimated pension contributions to be made in 2022 $19,308 $9,507 $7,410 $— $438 $6,573
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 second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost/(credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefit cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) 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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost/(credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefit cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,068 $3,088 $724 $218 $692 $670 Interest cost on APBO 1,864 2,260 556 260 634 440 Expected return on assets (9,010) — (2,768) (2,876) (5,096) (1,578) Amortization of prior service credit (560) (2,460) (888) (458) (1,872) (218) Amortization of net (gain) loss 98 (182) 38 (356) 200 30 Net other postretirement benefit cost (income) ($5,540) $2,706 ($2,338) ($3,212) ($5,442) ($656)
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 second quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $71 $26 $79 $27 $88 2021 $90 $44 $96 $8 $115 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $143 $53 $161 $56 $303 2021 $180 $88 $192 $16 $230 Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Entergy Texas’ non-qualified pension costs for the six months ended June 30, 2022 were settlement charges of $119 thousand related to the payment of lump sum benefits out of the plan.
System Energy [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,699 $9,007 $2,075 $752 $1,579 $2,001 Interest cost on projected benefit obligation 9,761 10,684 2,796 1,139 2,272 2,394 Expected return on assets (19,031) (21,060) (5,164) (2,515) (4,905) (4,586) Amortization of net loss 12,848 12,302 3,620 1,368 2,439 3,171 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $21,773 $15,394 $5,535 $744 $3,851 $5,003 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $7,255 $9,759 $2,304 $774 $1,757 $2,253 Interest cost on projected benefit obligation 8,752 9,864 2,571 1,079 2,052 2,236 Expected return on assets (19,640) (22,516) (5,600) (2,641) (5,272) (4,804) Amortization of net loss 18,250 17,890 5,309 2,069 3,415 4,933 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $39,003 $49,989 $12,346 $4,866 $8,578 $9,256 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $13,557 $18,144 $4,205 $1,504 $3,211 $4,046 Interest cost on projected benefit obligation 19,078 21,183 5,474 2,278 4,447 4,732 Expected return on assets (38,278) (42,193) (10,367) (5,030) (9,842) (9,209) Amortization of net loss 26,274 24,899 7,430 2,736 4,994 6,437 Settlement charges 11,496 4,461 2,208 — 2,466 2,023 Net pension cost $32,127 $26,494 $8,950 $1,488 $5,276 $8,029 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $14,674 $19,803 $4,668 $1,569 $3,557 $4,566 Interest cost on projected benefit obligation 17,092 19,425 5,034 2,108 4,002 4,378 Expected return on assets (39,311) (45,055) (11,186) (5,263) (10,510) (9,583) Amortization of net loss 37,552 37,093 10,976 4,340 7,126 10,258 Settlement charges 24,386 34,992 7,762 3,585 6,626 4,638 Net pension cost $54,393 $66,258 $17,254 $6,339 $10,801 $14,257
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2022: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2022 pension contributions $40,840 $22,917 $12,852 $922 $1,924 $12,760 Pension contributions made through June 2022 $21,532 $13,410 $5,442 $922 $1,486 $6,187 Remaining estimated pension contributions to be made in 2022 $19,308 $9,507 $7,410 $— $438 $6,573
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 second quarters of 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,114 $1,408 $339 $99 $331 $310 Interest cost on APBO 1,263 1,443 350 174 399 279 Expected return on assets (4,483) — (1,394) (1,499) (2,568) (791) Amortization of prior service cost/(credit) 471 (1,158) (443) (229) (1,093) (80) Amortization of net (gain) loss 218 (186) 56 (225) 162 30 Net other postretirement benefit cost (income) ($1,417) $1,507 ($1,092) ($1,680) ($2,769) ($252) 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) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,228 $2,816 $678 $198 $662 $620 Interest cost on APBO 2,526 2,886 700 348 798 558 Expected return on assets (8,966) — (2,788) (2,998) (5,136) (1,582) Amortization of prior service cost/(credit) 942 (2,316) (886) (458) (2,186) (160) Amortization of net (gain) loss 436 (372) 112 (450) 324 60 Net other postretirement benefit cost (income) ($2,834) $3,014 ($2,184) ($3,360) ($5,538) ($504) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,068 $3,088 $724 $218 $692 $670 Interest cost on APBO 1,864 2,260 556 260 634 440 Expected return on assets (9,010) — (2,768) (2,876) (5,096) (1,578) Amortization of prior service credit (560) (2,460) (888) (458) (1,872) (218) Amortization of net (gain) loss 98 (182) 38 (356) 200 30 Net other postretirement benefit cost (income) ($5,540) $2,706 ($2,338) ($3,212) ($5,442) ($656)

Business Segment Information (T

Business Segment Information (Tables)	6 Months Ended
	Jun. 30, 2022
Restructuring and Related Costs [Table Text Block]	Total restructuring charges for the second quarters of 2022 and 2021 were comprised of the following: 2022 2021 Employee retention and severance Contracted economic development costs Total Employee retention and severance Contracted economic development costs Total (In Millions) Balance as of April 1, $41 $— $41 $157 $14 $171 Restructuring costs accrued (1) — (1) (6) 1 (5) Cash paid out — — — 118 15 133 Balance as of June 30, $40 $— $40 $33 $— $33 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the second quarter 2022 as a result of the sale of the Palisades plant, as well as $1 million of impairment and other related charges, and $342 million in the second quarter 2021 of impairment and other related charges, including a $340 million loss as a result of the sale of the Indian Point Energy Center, associated with these strategic decisions and transactions. Total restructuring charges for the six months ended June 30, 2022 and 2021 were comprised of the following: 2022 2021 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, $37 $— $37 $145 $14 $159 Restructuring costs accrued 3 — 3 7 1 8 Cash paid out — — — 119 15 134 Balance as of June 30, $40 $— $40 $33 $— $33
Entergy Corporation [Member]
Segment Financial Information	Entergy’s segment financial information for the second quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $3,306,269 $88,933 $— ($6) $3,395,196 Income taxes ($371,704) $25,233 ($13,172) $— ($359,643) Consolidated net income (loss) $156,548 $87,386 ($36,672) ($43,251) $164,011 2021 Operating revenues $2,673,385 $148,656 $31 ($2) $2,822,070 Income taxes $71,360 ($71,696) ($18,080) $— ($18,416) Consolidated net income (loss) $329,936 ($274,648) ($24,784) ($31,898) ($1,394) Entergy’s segment financial information for the six months ended June 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $6,034,425 $238,711 $— ($14) $6,273,122 Income taxes ($296,346) $28,089 ($24,888) $— ($293,145) Consolidated net income (loss) $499,704 $95,245 ($76,148) ($75,197) $443,604 Total assets as of June 30, 2022 $60,525,686 $528,296 $548,740 ($3,775,143) $57,827,579 2021 Operating revenues $5,270,000 $396,874 $54 ($21) $5,666,907 Income taxes $131,094 ($56,135) ($27,433) $— $47,526 Consolidated net income (loss) $690,535 ($236,525) ($52,464) ($63,796) $337,750 Total assets as of December 31, 2021 $59,733,625 $1,242,675 $561,168 ($2,083,226) $59,454,242 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations are primarily intersegment activity. Almost all of Entergy’s goodwill is related to the Utility segment.

Risk Management And Fair Valu_2

Risk Management And Fair Values (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Values Of Derivative Instruments	The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of June 30, 2022 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 $37 $— $37 Utility Natural gas swaps and options Other deferred debits and other assets $9 $— $9 Utility Financial transmission rights Prepayments and other $13 ($1) $12 Utility and Entergy Wholesale Commodities The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2021 are shown in the table below. 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 $6 $— $6 Utility Natural gas swaps and options Other deferred debits and other assets $5 $— $5 Utility Financial transmission rights Prepayments and other $4 $— $4 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other current liabilities $7 $— $7 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 $12 million posted as of June 30, 2022 and $8 million posted as of December 31, 2021. Also excludes letters of credit in the amount of $6 million posted as of June 30, 2022.
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 statements of operations for the six months ended June 30, 2021 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) Electricity swaps and options $2 Competitive businesses operating revenues $40 (a) Before taxes of $8 million for the six months ended June 30, 2021
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 statements of operations for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $23 Financial transmission rights Purchased power expense (b) $37 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $18 Financial transmission rights Purchased power expense (b) $16 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated statements of operations for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $78 Financial transmission rights Purchased power (b) $60 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $25 Financial transmission rights Purchased power (b) $144 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 prior to the expiration of the Entergy Wholesale Commodities portfolio of derivative instruments in April 2021.
Assets and liabilities at fair value on a recurring basis	The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of June 30, 2022 and December 31, 2021. 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. 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $514 $— $— $514 Decommissioning trust funds (a): Equity securities 18 — — 18 Debt securities (b) 598 1,095 — 1,693 Common trusts (c) 2,379 Securitization recovery trust account 28 — — 28 Escrow accounts 331 — — 331 Gas hedge contracts 37 9 — 46 Financial transmission rights — — 12 12 $1,526 $1,104 $12 $5,021 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $398 $— $— $398 Decommissioning trust funds (a): Equity securities 132 — — 132 Debt securities (b) 770 1,407 — 2,177 Common trusts (c) 3,205 Securitization recovery trust account 29 — — 29 Escrow accounts 49 — — 49 Gas hedge contracts 6 5 — 11 Financial transmission rights — — 4 4 $1,384 $1,412 $4 $6,005 Liabilities: Gas hedge contracts $7 $— $— $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 value presented herein does not include the recognition pursuant to ASU 2016-13 of a credit loss valuation allowance of $0.4 million as of December 31, 2021 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 June 30, 2022 and 2021: 2022 2021 Financial transmission rights Financial transmission rights (In Millions) Balance as of April 1, $1 $4 Total gains (losses) for the period Included as a regulatory liability/asset 32 15 Issuances of financial transmission rights 16 12 Settlements (37) (16) Balance as of June 30, $12 $15 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 six months ended June 30, 2022 and 2021: 2022 2021 Financial transmission rights Power Contracts Financial transmission rights (In Millions) Balance as of January 1, $4 $38 $9 Total gains (losses) for the period Included in earnings — (2) 3 Included in other comprehensive income — 2 — Included as a regulatory liability/asset 52 — 135 Issuances of financial transmission rights 16 — 12 Settlements (60) (38) (144) Balance as of June 30, $12 $— $15
Entergy Arkansas [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2022 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 $16.1 $— $16.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.7 $— $8.7 Entergy Louisiana Natural gas swaps Prepayments and other $20.6 $— $20.6 Entergy Mississippi Financial transmission rights Prepayments and other $4.5 ($0.1) $4.4 Entergy Arkansas Financial transmission rights Prepayments and other $5.3 ($0.6) $4.7 Entergy Louisiana Financial transmission rights Prepayments and other $0.5 $— $0.5 Entergy Mississippi Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 ($0.2) $1.5 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2021 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 $5.7 $— $5.7 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $5.3 $— $5.3 Entergy Louisiana Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Arkansas Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.1 $— $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $6.7 $— $6.7 Entergy Mississippi Natural gas swaps Other current liabilities $0.5 $— $0.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. As of December 31, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi and $0.1 million for Entergy Texas.
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $1.0 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $4.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $13.2 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.9 (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 $4.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.9 (a) Entergy New Orleans Financial transmission rights Purchased power $23.5 (b) Entergy Arkansas Financial transmission rights Purchased power $25.5 (b) Entergy Louisiana Financial transmission rights Purchased power $3.2 (b) Entergy Mississippi Financial transmission rights Purchased power $2.4 (b) Entergy New Orleans Financial transmission rights Purchased power $4.9 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $6.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $18.3 (a) Entergy Mississippi Financial transmission rights Purchased power $29.5 (b) Entergy Arkansas Financial transmission rights Purchased power $18.2 (b) Entergy Louisiana Financial transmission rights Purchased power $7.9 (b) Entergy Mississippi Financial transmission rights Purchased power $2.0 (b) Entergy New Orleans Financial transmission rights Purchased power $82.7 (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 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $58.2 $— $— $58.2 Decommissioning trust funds (a): Equity securities 4.1 — — 4.1 Debt securities 131.6 353.2 — 484.8 Common trusts (b) 705.9 Financial transmission rights — — 4.4 4.4 $193.9 $353.2 $4.4 $1,257.4 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $4.8 $— $— $4.8 Decommissioning trust funds (a): Equity securities 16.7 — — 16.7 Debt securities 119.5 406.8 — 526.3 Common trusts (b) 895.4 Financial transmission rights — — 2.3 2.3 $141.0 $406.8 $2.3 $1,445.5
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.4 $1.2 $0.3 $0.1 $0.5 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 3.0 5.4 0.8 0.9 5.4 Settlements (3.4) (5.9) (0.7) (0.8) (4.8) Balance as of June 30, $3.8 $4.8 $2.1 $0.6 $3.8 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 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 27.8 14.7 7.7 2.1 82.2 Settlements (29.5) (18.2) (7.9) (2.0) (82.7) Balance as of June 30, $3.8 $4.8 $2.1 $0.6 $3.8
Entergy Louisiana [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2022 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 $16.1 $— $16.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.7 $— $8.7 Entergy Louisiana Natural gas swaps Prepayments and other $20.6 $— $20.6 Entergy Mississippi Financial transmission rights Prepayments and other $4.5 ($0.1) $4.4 Entergy Arkansas Financial transmission rights Prepayments and other $5.3 ($0.6) $4.7 Entergy Louisiana Financial transmission rights Prepayments and other $0.5 $— $0.5 Entergy Mississippi Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 ($0.2) $1.5 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2021 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 $5.7 $— $5.7 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $5.3 $— $5.3 Entergy Louisiana Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Arkansas Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.1 $— $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $6.7 $— $6.7 Entergy Mississippi Natural gas swaps Other current liabilities $0.5 $— $0.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. As of December 31, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi and $0.1 million for Entergy Texas.
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $1.0 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $4.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $13.2 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.9 (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 $4.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.9 (a) Entergy New Orleans Financial transmission rights Purchased power $23.5 (b) Entergy Arkansas Financial transmission rights Purchased power $25.5 (b) Entergy Louisiana Financial transmission rights Purchased power $3.2 (b) Entergy Mississippi Financial transmission rights Purchased power $2.4 (b) Entergy New Orleans Financial transmission rights Purchased power $4.9 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $6.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $18.3 (a) Entergy Mississippi Financial transmission rights Purchased power $29.5 (b) Entergy Arkansas Financial transmission rights Purchased power $18.2 (b) Entergy Louisiana Financial transmission rights Purchased power $7.9 (b) Entergy Mississippi Financial transmission rights Purchased power $2.0 (b) Entergy New Orleans Financial transmission rights Purchased power $82.7 (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 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $65.7 $— $— $65.7 Decommissioning trust funds (a): Equity securities 12.6 — — 12.6 Debt securities 225.0 508.3 — 733.3 Common trusts (b) 1,010.6 Escrow accounts 290.1 — — 290.1 Gas hedge contracts 16.1 8.7 — 24.8 Financial transmission rights — — 4.7 4.7 $609.5 $517.0 $4.7 $2,141.8 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $18.4 $— $— $18.4 Decommissioning trust funds (a): Equity securities 20.2 — — 20.2 Debt securities 262.6 531.6 — 794.2 Common trusts (b) 1,300.1 Gas hedge contracts 5.7 5.3 — 11.0 Financial transmission rights — — 0.6 0.6 $306.9 $536.9 $0.6 $2,144.5
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.4 $1.2 $0.3 $0.1 $0.5 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 3.0 5.4 0.8 0.9 5.4 Settlements (3.4) (5.9) (0.7) (0.8) (4.8) Balance as of June 30, $3.8 $4.8 $2.1 $0.6 $3.8 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 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 27.8 14.7 7.7 2.1 82.2 Settlements (29.5) (18.2) (7.9) (2.0) (82.7) Balance as of June 30, $3.8 $4.8 $2.1 $0.6 $3.8
Entergy Mississippi [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2022 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 $16.1 $— $16.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.7 $— $8.7 Entergy Louisiana Natural gas swaps Prepayments and other $20.6 $— $20.6 Entergy Mississippi Financial transmission rights Prepayments and other $4.5 ($0.1) $4.4 Entergy Arkansas Financial transmission rights Prepayments and other $5.3 ($0.6) $4.7 Entergy Louisiana Financial transmission rights Prepayments and other $0.5 $— $0.5 Entergy Mississippi Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 ($0.2) $1.5 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2021 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 $5.7 $— $5.7 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $5.3 $— $5.3 Entergy Louisiana Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Arkansas Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.1 $— $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $6.7 $— $6.7 Entergy Mississippi Natural gas swaps Other current liabilities $0.5 $— $0.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. As of December 31, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi and $0.1 million for Entergy Texas.
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $1.0 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $4.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $13.2 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.9 (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 $4.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.9 (a) Entergy New Orleans Financial transmission rights Purchased power $23.5 (b) Entergy Arkansas Financial transmission rights Purchased power $25.5 (b) Entergy Louisiana Financial transmission rights Purchased power $3.2 (b) Entergy Mississippi Financial transmission rights Purchased power $2.4 (b) Entergy New Orleans Financial transmission rights Purchased power $4.9 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $6.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $18.3 (a) Entergy Mississippi Financial transmission rights Purchased power $29.5 (b) Entergy Arkansas Financial transmission rights Purchased power $18.2 (b) Entergy Louisiana Financial transmission rights Purchased power $7.9 (b) Entergy Mississippi Financial transmission rights Purchased power $2.0 (b) Entergy New Orleans Financial transmission rights Purchased power $82.7 (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 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $26.1 $— $— $26.1 Escrow accounts 41.1 — — 41.1 Gas hedge contracts 20.6 — — 20.6 Financial transmission rights — — 0.5 0.5 $87.8 $— $0.5 $88.3 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $47.6 $— $— $47.6 Escrow accounts 48.9 — — 48.9 Financial transmission rights — — 0.3 0.3 $96.5 $— $0.3 $96.8 Liabilities: Gas hedge contracts $6.7 $— $— $6.7
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.4 $1.2 $0.3 $0.1 $0.5 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 3.0 5.4 0.8 0.9 5.4 Settlements (3.4) (5.9) (0.7) (0.8) (4.8) Balance as of June 30, $3.8 $4.8 $2.1 $0.6 $3.8 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 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 27.8 14.7 7.7 2.1 82.2 Settlements (29.5) (18.2) (7.9) (2.0) (82.7) Balance as of June 30, $3.8 $4.8 $2.1 $0.6 $3.8
Entergy New Orleans [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2022 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 $16.1 $— $16.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.7 $— $8.7 Entergy Louisiana Natural gas swaps Prepayments and other $20.6 $— $20.6 Entergy Mississippi Financial transmission rights Prepayments and other $4.5 ($0.1) $4.4 Entergy Arkansas Financial transmission rights Prepayments and other $5.3 ($0.6) $4.7 Entergy Louisiana Financial transmission rights Prepayments and other $0.5 $— $0.5 Entergy Mississippi Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 ($0.2) $1.5 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2021 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 $5.7 $— $5.7 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $5.3 $— $5.3 Entergy Louisiana Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Arkansas Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.1 $— $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $6.7 $— $6.7 Entergy Mississippi Natural gas swaps Other current liabilities $0.5 $— $0.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. As of December 31, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi and $0.1 million for Entergy Texas.
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $1.0 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $4.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $13.2 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.9 (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 $4.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.9 (a) Entergy New Orleans Financial transmission rights Purchased power $23.5 (b) Entergy Arkansas Financial transmission rights Purchased power $25.5 (b) Entergy Louisiana Financial transmission rights Purchased power $3.2 (b) Entergy Mississippi Financial transmission rights Purchased power $2.4 (b) Entergy New Orleans Financial transmission rights Purchased power $4.9 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $6.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $18.3 (a) Entergy Mississippi Financial transmission rights Purchased power $29.5 (b) Entergy Arkansas Financial transmission rights Purchased power $18.2 (b) Entergy Louisiana Financial transmission rights Purchased power $7.9 (b) Entergy Mississippi Financial transmission rights Purchased power $2.0 (b) Entergy New Orleans Financial transmission rights Purchased power $82.7 (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 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $25.7 $— $— $25.7 Securitization recovery trust account 1.7 — — 1.7 Financial transmission rights — — 0.6 0.6 $27.4 $— $0.6 $28.0 Liabilities: Gas hedge contracts $0.2 $— $— $0.2 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $42.8 $— $— $42.8 Securitization recovery trust account 2.0 — — 2.0 Financial transmission rights — — 0.1 0.1 $44.8 $— $0.1 $44.9 Liabilities: Gas hedge contracts $0.5 $— $— $0.5
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.4 $1.2 $0.3 $0.1 $0.5 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 3.0 5.4 0.8 0.9 5.4 Settlements (3.4) (5.9) (0.7) (0.8) (4.8) Balance as of June 30, $3.8 $4.8 $2.1 $0.6 $3.8 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 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 27.8 14.7 7.7 2.1 82.2 Settlements (29.5) (18.2) (7.9) (2.0) (82.7) Balance as of June 30, $3.8 $4.8 $2.1 $0.6 $3.8
Entergy Texas [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of June 30, 2022 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 $16.1 $— $16.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.7 $— $8.7 Entergy Louisiana Natural gas swaps Prepayments and other $20.6 $— $20.6 Entergy Mississippi Financial transmission rights Prepayments and other $4.5 ($0.1) $4.4 Entergy Arkansas Financial transmission rights Prepayments and other $5.3 ($0.6) $4.7 Entergy Louisiana Financial transmission rights Prepayments and other $0.5 $— $0.5 Entergy Mississippi Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy New Orleans Financial transmission rights Prepayments and other $1.7 ($0.2) $1.5 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $0.2 $— $0.2 Entergy New Orleans The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2021 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 $5.7 $— $5.7 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $5.3 $— $5.3 Entergy Louisiana Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Arkansas Financial transmission rights Prepayments and other $0.6 $— $0.6 Entergy Louisiana Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy Mississippi Financial transmission rights Prepayments and other $0.1 $— $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Texas Liabilities: Natural gas swaps Other current liabilities $6.7 $— $6.7 Entergy Mississippi Natural gas swaps Other current liabilities $0.5 $— $0.5 Entergy New Orleans (a) Represents the gross amounts of recognized assets/liabilities (b) Represents the netting of fair value balances with the same counterparty (c) Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets (d) As of June 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.4 million for Entergy Mississippi and $5.3 million for Entergy Texas. As of December 31, 2021, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi and $0.1 million for Entergy Texas.
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $8.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $14.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.2) (a) Entergy New Orleans Financial transmission rights Purchased power expense $16.0 (b) Entergy Arkansas Financial transmission rights Purchased power expense $16.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $2.2 (b) Entergy Mississippi Financial transmission rights Purchased power expense $1.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $1.0 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $4.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $13.2 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $5.9 (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 $4.8 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the six months ended June 30, 2022 and 2021 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2022 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $19.8 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $57.4 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.9 (a) Entergy New Orleans Financial transmission rights Purchased power $23.5 (b) Entergy Arkansas Financial transmission rights Purchased power $25.5 (b) Entergy Louisiana Financial transmission rights Purchased power $3.2 (b) Entergy Mississippi Financial transmission rights Purchased power $2.4 (b) Entergy New Orleans Financial transmission rights Purchased power $4.9 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $6.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $18.3 (a) Entergy Mississippi Financial transmission rights Purchased power $29.5 (b) Entergy Arkansas Financial transmission rights Purchased power $18.2 (b) Entergy Louisiana Financial transmission rights Purchased power $7.9 (b) Entergy Mississippi Financial transmission rights Purchased power $2.0 (b) Entergy New Orleans Financial transmission rights Purchased power $82.7 (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 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $14.4 $— $— $14.4 Securitization recovery trust account 26.6 — — 26.6 Financial transmission rights — — 1.5 1.5 $41.0 $— $1.5 $42.5 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets : Securitization recovery trust account $26.6 $— $— $26.6 Financial transmission rights — — 0.8 0.8 $26.6 $— $0.8 $27.4
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 for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $0.4 $0.3 $0.2 $0.1 $0.5 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 14.6 15.2 1.7 1.3 (1.9) Settlements (16.0) (16.1) (2.2) (1.6) (1.0) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended June 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of April 1, $1.4 $1.2 $0.3 $0.1 $0.5 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 3.0 5.4 0.8 0.9 5.4 Settlements (3.4) (5.9) (0.7) (0.8) (4.8) Balance as of June 30, $3.8 $4.8 $2.1 $0.6 $3.8 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.3 $0.6 $0.3 $0.1 $0.8 Issuances of financial transmission rights 5.4 5.3 0.8 0.8 3.9 Gains (losses) included as a regulatory liability/asset 20.2 24.3 2.6 2.1 1.7 Settlements (23.5) (25.5) (3.2) (2.4) (4.9) Balance as of June 30, $4.4 $4.7 $0.5 $0.6 $1.5 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the six months ended June 30, 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 27.8 14.7 7.7 2.1 82.2 Settlements (29.5) (18.2) (7.9) (2.0) (82.7) Balance as of June 30, $3.8 $4.8 $2.1 $0.6 $3.8
System Energy [Member]
Assets and liabilities at fair value on a recurring basis	System Energy 2022 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $134.6 $— $— $134.6 Decommissioning trust funds (a): Equity securities 1.7 — — 1.7 Debt Securities 241.1 233.1 — 474.2 Common trusts (b) 662.9 $377.4 $233.1 $— $1,273.4 2021 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $89.1 $— $— $89.1 Decommissioning trust funds (a): Equity securities 12.9 — — 12.9 Debt securities 273.0 251.5 — 524.5 Common trusts (b) 847.9 $375.0 $251.5 $— $1,474.4

Decommissioning Trust Funds (Ta

Decommissioning Trust Funds (Tables)	6 Months Ended
	Jun. 30, 2022
Securities Held	The available-for-sale securities held as of June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $1,692 $4 $157 2021 Debt Securities $2,177 $65 $12
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $1,357 $134 $770 $8 More than 12 months 123 23 99 4 Total $1,480 $157 $869 $12
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $65 $— 1 year - 5 years 556 473 5 years - 10 years 501 655 10 years - 15 years 120 389 15 years - 20 years 143 130 20 years+ 307 530 Total $1,692 $2,177
Entergy Arkansas [Member]
Securities Held	The available-for-sale securities held as of June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $484.8 $0.2 $52.2 2021 Debt Securities $526.3 $11.4 $4.7
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $384.2 $40.8 $183.8 $2.9 More than 12 months 64.2 11.4 39.5 1.8 Total $448.4 $52.2 $223.3 $4.7
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $30.1 $— 1 year - 5 years 157.9 91.7 5 years - 10 years 201.4 217.4 10 years - 15 years 43.0 146.0 15 years - 20 years 34.3 35.7 20 years+ 18.1 35.5 Total $484.8 $526.3
Entergy Louisiana [Member]
Securities Held	The available-for-sale securities held as of June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $733.3 $3.2 $56.0 2021 Debt Securities $794.2 $31.3 $3.3
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $528.8 $48.5 $206.9 $1.4 More than 12 months 41.8 7.5 42.9 1.9 Total $570.6 $56.0 $249.8 $3.3
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $25.2 $— 1 year - 5 years 198.9 157.8 5 years - 10 years 156.6 173.0 10 years - 15 years 70.3 123.0 15 years - 20 years 78.5 80.2 20 years+ 203.8 260.2 Total $733.3 $794.2
System Energy [Member]
Securities Held	The available-for-sale securities held as of June 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $474.3 $0.2 $49.2 2021 Debt Securities $524.5 $11.8 $2.9
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $443.6 $45.1 $276.6 $2.3 More than 12 months 16.7 4.1 11.3 0.6 Total $460.3 $49.2 $287.9 $2.9
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of June 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $9.9 $— 1 year - 5 years 199.2 156.8 5 years - 10 years 142.5 161.8 10 years - 15 years 7.2 58.6 15 years - 20 years 29.8 1.9 20 years+ 85.7 145.4 Total $474.3 $524.5

Income Taxes Income Taxes (Tabl

Income Taxes Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2022
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 Six Months 2022 2021 2022 2021 (In Millions) Entergy $16 $14 $33 $54 Entergy Arkansas $— $— $— $8 Entergy Louisiana $9 $8 $18 $15 Entergy New Orleans $— $— $1 $— Entergy Texas $7 $6 $14 $13 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 Six Months 2022 2021 2022 2021 (In Millions) Entergy $16 $14 $33 $54 Entergy Arkansas $— $— $— $8 Entergy Louisiana $9 $8 $18 $15 Entergy New Orleans $— $— $1 $— Entergy Texas $7 $6 $14 $13 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 Six Months 2022 2021 2022 2021 (In Millions) Entergy $16 $14 $33 $54 Entergy Arkansas $— $— $— $8 Entergy Louisiana $9 $8 $18 $15 Entergy New Orleans $— $— $1 $— Entergy Texas $7 $6 $14 $13 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 Six Months 2022 2021 2022 2021 (In Millions) Entergy $16 $14 $33 $54 Entergy Arkansas $— $— $— $8 Entergy Louisiana $9 $8 $18 $15 Entergy New Orleans $— $— $1 $— Entergy Texas $7 $6 $14 $13 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 Six Months 2022 2021 2022 2021 (In Millions) Entergy $16 $14 $33 $54 Entergy Arkansas $— $— $— $8 Entergy Louisiana $9 $8 $18 $15 Entergy New Orleans $— $— $1 $— Entergy Texas $7 $6 $14 $13 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 Six Months 2022 2021 2022 2021 (In Millions) Entergy $16 $14 $33 $54 Entergy Arkansas $— $— $— $8 Entergy Louisiana $9 $8 $18 $15 Entergy New Orleans $— $— $1 $— Entergy Texas $7 $6 $14 $13 System Energy $— $— $— $18

Revenue Recognition Revenue Rec

Revenue Recognition Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2022
Disaggregation of Revenue [Table Text Block]	Entergy’s total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,035,063 $855,586 Commercial 715,665 628,703 Industrial 878,194 756,959 Governmental 67,101 61,612 Total billed retail 2,696,023 2,302,860 Sales for resale (a) 249,035 119,130 Other electric revenues (b) 302,351 187,078 Revenues from contracts with customers 3,247,409 2,609,068 Other revenues (c) 10,846 32,307 Total electric revenues 3,258,255 2,641,375 Natural gas 48,008 31,998 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 87,710 146,680 Other revenues (c) 1,223 2,017 Total competitive businesses revenues 88,933 148,697 Total operating revenues $3,395,196 $2,822,070 Entergy’s total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $2,021,085 $1,822,441 Commercial 1,350,290 1,201,380 Industrial 1,621,828 1,354,610 Governmental 124,395 118,409 Total billed retail 5,117,598 4,496,840 Sales for resale (a) 377,994 324,205 Other electric revenues (b) 396,231 267,339 Revenues from contracts with customers 5,891,823 5,088,384 Other revenues (c) 22,208 91,410 Total electric revenues 5,914,031 5,179,794 Natural gas 120,369 90,166 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 232,534 378,794 Other revenues (c) 6,188 18,153 Total competitive businesses revenues 238,722 396,947 Total operating revenues $6,273,122 $5,666,907
Allowance for Doubtful Accounts	The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2022 and 2021. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 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 (b) 25.9 5.5 11.7 1.7 4.6 2.4 Write-offs (39.5) (2.8) (19.5) (8.8) (1.1) (7.3) Recoveries 5.0 1.4 1.9 1.2 0.2 0.3 Balance as of June 30, 2021 $109.1 $22.4 $39.8 $13.6 $21.1 $12.2 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. (b) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of $8.7 million for Entergy, $0.8 million for Entergy Arkansas, $5.9 million for Entergy Louisiana, $0.7 million for Entergy New Orleans, and $1.3 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy Arkansas [Member]
Disaggregation of Revenue [Table Text Block]	The Utility operating companies’ total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Total electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,103 $340,643 $117,461 $60,186 $166,193 Commercial 111,187 262,351 101,644 51,092 102,429 Industrial 114,284 475,185 36,545 8,028 122,917 Governmental 4,536 21,547 10,873 18,312 6,344 Total billed retail 401,110 1,099,726 266,523 137,618 397,883 Sales for resale (a) 69,750 74,343 44,050 12,810 19,542 Other electric revenues (b) 73,209 55,745 36,390 9,510 13,577 Revenues from contracts with customers 544,069 1,229,814 346,963 159,938 431,002 Other revenues (c) 6,205 24,765 2,077 (177) (568) Total electric revenues 550,274 1,254,579 349,040 159,761 430,434 Natural gas — 13,019 — 18,979 — Total operating revenues $550,274 $1,267,598 $349,040 $178,740 $430,434 The Utility operating companies’ total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Total electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $408,284 $676,403 $265,097 $126,613 $346,044 Commercial 217,603 487,000 199,580 98,891 198,306 Industrial 217,696 822,194 70,524 14,817 229,379 Governmental 8,791 40,163 21,416 34,692 13,347 Total billed retail 852,374 2,025,760 556,617 275,013 787,076 Sales for resale (a) 179,834 154,771 84,360 17,506 93,615 Other electric revenues (b) 92,791 99,654 40,341 6,151 31,106 Revenues from contracts with customers 1,124,999 2,280,185 681,318 298,670 911,797 Other revenues (c) 8,661 54,057 4,341 239 (1,143) Total electric revenues 1,133,660 2,334,242 685,659 298,909 910,654 Natural gas — 41,000 — 49,166 — Total operating revenues $1,133,660 $2,375,242 $685,659 $348,075 $910,654 (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 following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2022 and 2021. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 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 (b) 25.9 5.5 11.7 1.7 4.6 2.4 Write-offs (39.5) (2.8) (19.5) (8.8) (1.1) (7.3) Recoveries 5.0 1.4 1.9 1.2 0.2 0.3 Balance as of June 30, 2021 $109.1 $22.4 $39.8 $13.6 $21.1 $12.2 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. (b) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of $8.7 million for Entergy, $0.8 million for Entergy Arkansas, $5.9 million for Entergy Louisiana, $0.7 million for Entergy New Orleans, and $1.3 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy Louisiana [Member]
Disaggregation of Revenue [Table Text Block]	The Utility operating companies’ total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Total electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,103 $340,643 $117,461 $60,186 $166,193 Commercial 111,187 262,351 101,644 51,092 102,429 Industrial 114,284 475,185 36,545 8,028 122,917 Governmental 4,536 21,547 10,873 18,312 6,344 Total billed retail 401,110 1,099,726 266,523 137,618 397,883 Sales for resale (a) 69,750 74,343 44,050 12,810 19,542 Other electric revenues (b) 73,209 55,745 36,390 9,510 13,577 Revenues from contracts with customers 544,069 1,229,814 346,963 159,938 431,002 Other revenues (c) 6,205 24,765 2,077 (177) (568) Total electric revenues 550,274 1,254,579 349,040 159,761 430,434 Natural gas — 13,019 — 18,979 — Total operating revenues $550,274 $1,267,598 $349,040 $178,740 $430,434 The Utility operating companies’ total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Total electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $408,284 $676,403 $265,097 $126,613 $346,044 Commercial 217,603 487,000 199,580 98,891 198,306 Industrial 217,696 822,194 70,524 14,817 229,379 Governmental 8,791 40,163 21,416 34,692 13,347 Total billed retail 852,374 2,025,760 556,617 275,013 787,076 Sales for resale (a) 179,834 154,771 84,360 17,506 93,615 Other electric revenues (b) 92,791 99,654 40,341 6,151 31,106 Revenues from contracts with customers 1,124,999 2,280,185 681,318 298,670 911,797 Other revenues (c) 8,661 54,057 4,341 239 (1,143) Total electric revenues 1,133,660 2,334,242 685,659 298,909 910,654 Natural gas — 41,000 — 49,166 — Total operating revenues $1,133,660 $2,375,242 $685,659 $348,075 $910,654 (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 following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2022 and 2021. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 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 (b) 25.9 5.5 11.7 1.7 4.6 2.4 Write-offs (39.5) (2.8) (19.5) (8.8) (1.1) (7.3) Recoveries 5.0 1.4 1.9 1.2 0.2 0.3 Balance as of June 30, 2021 $109.1 $22.4 $39.8 $13.6 $21.1 $12.2 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. (b) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of $8.7 million for Entergy, $0.8 million for Entergy Arkansas, $5.9 million for Entergy Louisiana, $0.7 million for Entergy New Orleans, and $1.3 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy Mississippi [Member]
Disaggregation of Revenue [Table Text Block]	The Utility operating companies’ total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Total electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,103 $340,643 $117,461 $60,186 $166,193 Commercial 111,187 262,351 101,644 51,092 102,429 Industrial 114,284 475,185 36,545 8,028 122,917 Governmental 4,536 21,547 10,873 18,312 6,344 Total billed retail 401,110 1,099,726 266,523 137,618 397,883 Sales for resale (a) 69,750 74,343 44,050 12,810 19,542 Other electric revenues (b) 73,209 55,745 36,390 9,510 13,577 Revenues from contracts with customers 544,069 1,229,814 346,963 159,938 431,002 Other revenues (c) 6,205 24,765 2,077 (177) (568) Total electric revenues 550,274 1,254,579 349,040 159,761 430,434 Natural gas — 13,019 — 18,979 — Total operating revenues $550,274 $1,267,598 $349,040 $178,740 $430,434 The Utility operating companies’ total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Total electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $408,284 $676,403 $265,097 $126,613 $346,044 Commercial 217,603 487,000 199,580 98,891 198,306 Industrial 217,696 822,194 70,524 14,817 229,379 Governmental 8,791 40,163 21,416 34,692 13,347 Total billed retail 852,374 2,025,760 556,617 275,013 787,076 Sales for resale (a) 179,834 154,771 84,360 17,506 93,615 Other electric revenues (b) 92,791 99,654 40,341 6,151 31,106 Revenues from contracts with customers 1,124,999 2,280,185 681,318 298,670 911,797 Other revenues (c) 8,661 54,057 4,341 239 (1,143) Total electric revenues 1,133,660 2,334,242 685,659 298,909 910,654 Natural gas — 41,000 — 49,166 — Total operating revenues $1,133,660 $2,375,242 $685,659 $348,075 $910,654 (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 following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2022 and 2021. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 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 (b) 25.9 5.5 11.7 1.7 4.6 2.4 Write-offs (39.5) (2.8) (19.5) (8.8) (1.1) (7.3) Recoveries 5.0 1.4 1.9 1.2 0.2 0.3 Balance as of June 30, 2021 $109.1 $22.4 $39.8 $13.6 $21.1 $12.2 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. (b) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of $8.7 million for Entergy, $0.8 million for Entergy Arkansas, $5.9 million for Entergy Louisiana, $0.7 million for Entergy New Orleans, and $1.3 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy New Orleans [Member]
Disaggregation of Revenue [Table Text Block]	The Utility operating companies’ total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Total electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,103 $340,643 $117,461 $60,186 $166,193 Commercial 111,187 262,351 101,644 51,092 102,429 Industrial 114,284 475,185 36,545 8,028 122,917 Governmental 4,536 21,547 10,873 18,312 6,344 Total billed retail 401,110 1,099,726 266,523 137,618 397,883 Sales for resale (a) 69,750 74,343 44,050 12,810 19,542 Other electric revenues (b) 73,209 55,745 36,390 9,510 13,577 Revenues from contracts with customers 544,069 1,229,814 346,963 159,938 431,002 Other revenues (c) 6,205 24,765 2,077 (177) (568) Total electric revenues 550,274 1,254,579 349,040 159,761 430,434 Natural gas — 13,019 — 18,979 — Total operating revenues $550,274 $1,267,598 $349,040 $178,740 $430,434 The Utility operating companies’ total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Total electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $408,284 $676,403 $265,097 $126,613 $346,044 Commercial 217,603 487,000 199,580 98,891 198,306 Industrial 217,696 822,194 70,524 14,817 229,379 Governmental 8,791 40,163 21,416 34,692 13,347 Total billed retail 852,374 2,025,760 556,617 275,013 787,076 Sales for resale (a) 179,834 154,771 84,360 17,506 93,615 Other electric revenues (b) 92,791 99,654 40,341 6,151 31,106 Revenues from contracts with customers 1,124,999 2,280,185 681,318 298,670 911,797 Other revenues (c) 8,661 54,057 4,341 239 (1,143) Total electric revenues 1,133,660 2,334,242 685,659 298,909 910,654 Natural gas — 41,000 — 49,166 — Total operating revenues $1,133,660 $2,375,242 $685,659 $348,075 $910,654 (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 following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2022 and 2021. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 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 (b) 25.9 5.5 11.7 1.7 4.6 2.4 Write-offs (39.5) (2.8) (19.5) (8.8) (1.1) (7.3) Recoveries 5.0 1.4 1.9 1.2 0.2 0.3 Balance as of June 30, 2021 $109.1 $22.4 $39.8 $13.6 $21.1 $12.2 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. (b) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of $8.7 million for Entergy, $0.8 million for Entergy Arkansas, $5.9 million for Entergy Louisiana, $0.7 million for Entergy New Orleans, and $1.3 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.
Entergy Texas [Member]
Disaggregation of Revenue [Table Text Block]	The Utility operating companies’ total revenues for the three months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $199,209 $400,915 $143,705 $80,484 $210,750 Commercial 127,230 290,063 118,278 58,801 121,293 Industrial 135,809 536,229 43,738 9,216 153,202 Governmental 5,137 21,841 12,611 20,179 7,333 Total billed retail 467,385 1,249,048 318,332 168,680 492,578 Sales for resale (a) 156,754 123,231 43,524 36,825 18,133 Other electric revenues (b) 70,820 119,847 41,325 17,443 54,259 Revenues from contracts with customers 694,959 1,492,126 403,181 222,948 564,970 Other revenues (c) 1,980 5,816 2,278 1,136 (379) Total electric revenues 696,939 1,497,942 405,459 224,084 564,591 Natural gas — 17,843 — 30,165 — Total operating revenues $696,939 $1,515,785 $405,459 $254,249 $564,591 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $171,103 $340,643 $117,461 $60,186 $166,193 Commercial 111,187 262,351 101,644 51,092 102,429 Industrial 114,284 475,185 36,545 8,028 122,917 Governmental 4,536 21,547 10,873 18,312 6,344 Total billed retail 401,110 1,099,726 266,523 137,618 397,883 Sales for resale (a) 69,750 74,343 44,050 12,810 19,542 Other electric revenues (b) 73,209 55,745 36,390 9,510 13,577 Revenues from contracts with customers 544,069 1,229,814 346,963 159,938 431,002 Other revenues (c) 6,205 24,765 2,077 (177) (568) Total electric revenues 550,274 1,254,579 349,040 159,761 430,434 Natural gas — 13,019 — 18,979 — Total operating revenues $550,274 $1,267,598 $349,040 $178,740 $430,434 The Utility operating companies’ total revenues for the six months ended June 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $426,995 $754,483 $296,643 $139,141 $403,823 Commercial 240,469 547,653 228,939 104,373 228,856 Industrial 245,483 988,182 82,895 15,490 289,778 Governmental 9,598 40,857 24,612 35,211 14,117 Total billed retail 922,545 2,331,175 633,089 294,215 936,574 Sales for resale (a) 227,167 230,932 65,165 63,365 35,778 Other electric revenues (b) 101,392 161,329 51,662 18,836 65,709 Revenues from contracts with customers 1,251,104 2,723,436 749,916 376,416 1,038,061 Other revenues (c) 4,791 11,743 4,572 2,314 (988) Total electric revenues 1,255,895 2,735,179 754,488 378,730 1,037,073 Natural gas — 46,578 — 73,791 — Total operating revenues $1,255,895 $2,781,757 $754,488 $452,521 $1,037,073 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $408,284 $676,403 $265,097 $126,613 $346,044 Commercial 217,603 487,000 199,580 98,891 198,306 Industrial 217,696 822,194 70,524 14,817 229,379 Governmental 8,791 40,163 21,416 34,692 13,347 Total billed retail 852,374 2,025,760 556,617 275,013 787,076 Sales for resale (a) 179,834 154,771 84,360 17,506 93,615 Other electric revenues (b) 92,791 99,654 40,341 6,151 31,106 Revenues from contracts with customers 1,124,999 2,280,185 681,318 298,670 911,797 Other revenues (c) 8,661 54,057 4,341 239 (1,143) Total electric revenues 1,133,660 2,334,242 685,659 298,909 910,654 Natural gas — 41,000 — 49,166 — Total operating revenues $1,133,660 $2,375,242 $685,659 $348,075 $910,654 (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 following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the six months ended June 30, 2022 and 2021. Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2021 $68.6 $13.1 $29.2 $7.2 $13.3 $5.8 Provisions (a) 11.0 8.2 0.4 0.2 0.9 1.3 Write-offs (75.5) (21.8) (29.8) (7.4) (10.4) (6.1) Recoveries 21.5 6.7 7.9 2.2 3.1 1.6 Balance as of June 30, 2022 $25.6 $6.2 $7.7 $2.2 $6.9 $2.6 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 (b) 25.9 5.5 11.7 1.7 4.6 2.4 Write-offs (39.5) (2.8) (19.5) (8.8) (1.1) (7.3) Recoveries 5.0 1.4 1.9 1.2 0.2 0.3 Balance as of June 30, 2021 $109.1 $22.4 $39.8 $13.6 $21.1 $12.2 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($8.9) million for Entergy, $3.9 million for Entergy Arkansas, ($8.5) million for Entergy Louisiana, ($3.0) million for Entergy New Orleans, and ($1.3) million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. (b) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of $8.7 million for Entergy, $0.8 million for Entergy Arkansas, $5.9 million for Entergy Louisiana, $0.7 million for Entergy New Orleans, and $1.3 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators.

Commitments and Contingencies C

Commitments and Contingencies Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended		6 Months Ended
	Jan. 31, 2022	Oct. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Loss Contingencies [Line Items]
Litigation proceeds for reimbursement of spent nuclear fuel storage costs			$ 32,367	$ 15,735
Entergy Wholesale Commodities [Member] | Indian Point
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party		$ 83,000
Damages awarded for previously recorded operation and maintenance	$ 47,000
Damages awarded for previously capitalized costs	32,000
Damages awarded for previously recorded taxes other than income taxes	$ 4,000

Rate And Regulatory Matters (Na

Rate And Regulatory Matters (Narrative) (Details)	1 Months Ended													3 Months Ended	5 Months Ended	6 Months Ended		9 Months Ended	10 Months Ended	11 Months Ended	12 Months Ended				20 Months Ended
	Jul. 31, 2022 USD ($)	Jun. 30, 2022 USD ($)	May 31, 2022 USD ($) shares	Apr. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Feb. 28, 2022 USD ($)	Jan. 31, 2022 USD ($)	Oct. 31, 2021 USD ($)	Aug. 31, 2021 USD ($)	May 31, 2021 USD ($)	Apr. 30, 2021 USD ($)	Mar. 31, 2021 USD ($)	Dec. 31, 1988	Jun. 30, 2022 USD ($)	Aug. 31, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jul. 31, 2021 USD ($)	Dec. 31, 2023 USD ($)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 USD ($)	Jan. 01, 2022 USD ($)	Sep. 30, 2021 USD ($)	Apr. 30, 2020 USD ($)
Impairment of Long-Lived Assets Held-for-use																$ (163,321,000)	$ 345,339,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		$ 1,827,581,000												$ 1,827,581,000		1,827,581,000								$ 1,511,966,000	$ 1,511,966,000
Proceeds from the issuance of long-term debt																3,851,061,000	5,008,330,000
Regulatory Asset [Abstract]
Long-term Transition Bond, Noncurrent		335,995,000												335,995,000		335,995,000								83,639,000	83,639,000
Deferred Fuel Cost		983,935,000												983,935,000		983,935,000								324,394,000	324,394,000
Replacement Reserve Escrow		331,000,000												331,000,000		331,000,000								49,000,000	49,000,000
Reduction of income tax expense			$ 283,000,000
Long-term Transition Bond, Noncurrent		$ 335,995,000												$ 335,995,000		$ 335,995,000								83,639,000	83,639,000
4.00% Series mortgage bonds due July 2022
Debt instrument, interest rate, stated percentage		4%	4%											4%		4%
Regulatory Asset [Abstract]
Repayments of First Mortgage Bond			$ 650,000,000
Entergy Louisiana [Member]
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		$ 785,737,000												$ 785,737,000		$ 785,737,000								847,924,000	847,924,000
Proceeds from the issuance of long-term debt																1,777,192,000	2,097,214,000
Total Restoration Costs For Repair and Replacement of Electrical System including carrying costs				$ 2,640,000,000
Storm Reserve Escrow Account		290,065,000				$ 290,000,000					$ 290,000,000			290,065,000		290,065,000								0	0
Regulatory Asset [Abstract]
Aggregate principal amount of system restoration bonds authorization requested						3,186,000,000
Earned return on common equity			8.33%
Deferred Fuel Cost		412,695,000												412,695,000		412,695,000								45,374,000	45,374,000
Reclassification from utility plant to other regulatory assets		1,942,000,000												1,942,000,000		1,942,000,000
Replacement Reserve Escrow		290,100,000												290,100,000		$ 290,100,000
Fuel Costs														135,000,000
Rate Increase Included in Formula Rate Plan			$ 65,300,000
Formula rate plan revenue increase			152,900,000
LCDA issuance of bonds under Act 293 financing			$ 3,194,000,000
LURC's percentage of annual dividends			1%													1%
ELL's percentage of annual dividends			99%													99%
Proceeds from Contributed Capital			$ 1,000,000,000													$ 1,000,000,000	0
Proceeds from capital contribution used to fund Hurricane Ida escrow			1,000,000,000
Funds withdrawn from Hurricane Ida escrow and applied to restoration costs			1,000,000,000
Restricted storm escrow funds			290,000,000
Reduction of income tax expense			290,000,000
Regulatory charge recorded as a result of reduction in income tax expense			224,000,000
Regulatory charge recorded as a result of reduction in income tax expense, net of tax			165,000,000
LURC's beneficial interest in the storm trust			31,600,000
Entergy Louisiana [Member] | Unsecured Term Loan due June 2023
Regulatory Asset [Abstract]
Repayments of Unsecured Debt			$ 1,200,000,000
Entergy Louisiana [Member] | Mortgage Bonds Zero Point Six Two Percent Series Due November 2023
Debt instrument, interest rate, stated percentage			0.62%
Regulatory Asset [Abstract]
Repayments of First Mortgage Bond			$ 435,000,000
Entergy Louisiana [Member] | Deferred COVID 19 Costs
Regulatory Asset [Abstract]
Regulatory Assets		47,800,000												47,800,000		47,800,000
Entergy Louisiana [Member] | Hurricane Ida
Total Restoration Costs For Repair and Replacement of Electrical System				2,540,000,000
Non-capital storm costs				586,000,000
Deferred Storm and Property Reserve Deficiency, Noncurrent				1,960,000,000		1,000,000,000											1,000,000,000		$ 1,000,000,000					1,000,000,000	1,000,000,000
Total Restoration Costs For Repair and Replacement of Electrical System including carrying costs				2,600,000,000
Regulatory Asset [Abstract]
Aggregate principal amount of system restoration bonds authorization requested																								1,000,000,000	1,000,000,000
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						51,000,000					1,680,000,000
Total Restoration Costs For Repair and Replacement of Electrical System including carrying costs				$ 32,000,000		2,100,000,000					$ 2,110,000,000
Entergy Louisiana [Member] | Winter Storm Uri
Regulatory Asset [Abstract]
Fuel Costs															$ 166,000,000
Entergy Louisiana [Member] | Subsequent Event [Member] | Hurricanes Laura, Delta, Zeta, and Winter Storm Uri
Regulatory Asset [Abstract]
Carrying costs associated with storm restoration costs																		$ 3,000,000
Entergy Louisiana [Member] | Subsequent Event [Member] | Hurricane Ida
Regulatory Asset [Abstract]
Carrying costs associated with storm restoration costs																		57,000,000
Entergy Mississippi [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount					$ 69,000,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		266,686,000												266,686,000		266,686,000								95,452,000	95,452,000
Proceeds from the issuance of long-term debt																249,746,000	200,543,000
Public Utilities, Requested Return on Equity, Percentage					6.70%
Interim increase in formula rate plan revenues		$ 34,300,000			$ 34,500,000
Interim increase in formula rate plan revenues due to adjustments					24,300,000
Regulatory Asset [Abstract]
Earned return on common equity		5.99%
Deferred Fuel Cost		$ 246,630,000												246,630,000		246,630,000								121,878,000	121,878,000
Replacement Reserve Escrow		41,100,000												41,100,000		41,100,000								48,900,000	48,900,000
Potential settlement refund		353,000,000
Entergy Mississippi [Member] | Formula Rate Plan Historical Year Rate Adjustment Member
Regulatory Asset [Abstract]
Regulatory Assets, Noncurrent																								19,000,000	19,000,000
Entergy Mississippi [Member] | Deferred COVID 19 Costs
Regulatory Asset [Abstract]
Regulatory Assets		13,100,000												13,100,000		$ 13,100,000
Entergy Mississippi [Member] | Grand Gulf [Member]
Regulatory Asset [Abstract]
Long-term Contract for Purchase of Electric Power, Share of Plant Output Being Purchased																40%
Entergy Mississippi [Member] | Maximum [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount					$ 48,600,000
Public Utilities, Requested Rate Increase (Decrease), Percentage				2%	4%
Entergy Mississippi [Member] | Subsequent Event [Member]
Regulatory Asset [Abstract]
Interim fuel refund for cumulative over-recovery	$ 14,100,000
MPSC settlement refund	235,000,000
Entergy New Orleans [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount				$ 42,100,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		32,408,000												32,408,000		$ 32,408,000								22,199,000	22,199,000
Regulatory Asset [Abstract]
Long-term Transition Bond, Noncurrent		23,866,000												23,866,000		23,866,000								29,661,000	29,661,000
Earned return on common equity				6.88%
Authorized return on common equity				9.35%
Deferred Fuel Cost		23,992,000												23,992,000		23,992,000								0	0
Long-term Transition Bond, Noncurrent		23,866,000												23,866,000		23,866,000								29,661,000	29,661,000
Entergy New Orleans [Member] | Deferred COVID 19 Costs
Regulatory Asset [Abstract]
Regulatory Assets		14,500,000												14,500,000		14,500,000
Entergy New Orleans [Member] | Hurricane Zeta
Total Restoration Costs For Repair and Replacement of Electrical System										$ 36,000,000
Regulatory Asset [Abstract]
Excess withdrawn replacement reserve escrow			7,000,000
Withdrawal from storm reserves			44,000,000									$ 44,000,000
Prudently incurred storm restoration costs			$ 33,000,000
Estimated costs included in filing for total restoration costs for repair and replacement of electrical system										$ 7,000,000
Entergy New Orleans [Member] | Hurricane Ida
Total Restoration Costs For Repair and Replacement of Electrical System		170,000,000
Regulatory Asset [Abstract]
Replacement Reserve Escrow																											$ 39,000,000
Excess withdrawn replacement reserve escrow		7,000,000												7,000,000		7,000,000
Reduction to requested total restoration costs for repair and replacement of electrical system		46,000,000
Entergy New Orleans [Member] | Electricity [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount				$ 34,100,000
Regulatory Asset [Abstract]
Additional revenue increase due to previously approved amounts				4,700,000
Entergy New Orleans [Member] | Natural Gas, US Regulated [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount				3,300,000
Entergy New Orleans [Member] | Subsequent Event [Member] | Hurricane Ida
Regulatory Asset [Abstract]
Carrying costs associated with storm restoration costs																		9,000,000
Entergy New Orleans [Member] | Subsequent Event [Member] | Electricity [Member]
Regulatory Asset [Abstract]
Public Utilities, Requested Rate Increase (Decrease), Amended, Amount	$ 17,100,000
Entergy Texas [Member]
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		245,788,000												245,788,000		245,788,000								183,965,000	183,965,000
Proceeds from the issuance of long-term debt																286,842,000	0
Regulatory Asset [Abstract]
Long-term Transition Bond, Noncurrent		312,129,000												312,129,000		312,129,000								53,979,000	53,979,000
Deferred Fuel Cost		189,472,000												189,472,000		189,472,000								48,280,000	48,280,000
Interim fuel surcharge, including interest, for under-recovery of fuel and purchased power costs																									51,700,000
Long-term Transition Bond, Noncurrent		312,129,000												312,129,000		312,129,000								53,979,000	53,979,000
Interim fuel surcharge, including interest, for under-recovery of fuel and purchased power costs																									51,700,000
Entergy Texas [Member] | Aggregate Senior secured restoration bonds (securitization bonds)
Regulatory Asset [Abstract]
Proceeds from Issuance of Debt				290,850,000
Entergy Texas [Member] | Deferred COVID 19 Costs
Regulatory Asset [Abstract]
Regulatory Assets		10,400,000												10,400,000		10,400,000
Entergy Texas [Member] | Hurricanes Laura and Delta and Winter Storm Uri
Regulatory Asset [Abstract]
Aggregate principal amount of system restoration bonds authorization requested																										$ 242,900,000
Reclassification from utility plant to other regulatory assets					$ 153,000,000																		$ 153,000,000
Entergy Texas [Member] | Hurricanes Laura and Delta and Winter Storm Uri | Aggregate Senior secured restoration bonds (securitization bonds)
Regulatory Asset [Abstract]
Proceeds from Issuance of Debt				290,850,000
Entergy Arkansas [Member]
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		371,705,000												371,705,000		371,705,000								241,127,000	241,127,000
Proceeds from the issuance of long-term debt																223,882,000	694,137,000
Regulatory Asset [Abstract]
Energy Cost Recovery Rider Rate Per kWh																							0.00959
Deferred Fuel Cost		111,147,000												111,147,000		111,147,000								108,862,000	108,862,000
Entergy Arkansas [Member] | Deferred COVID 19 Costs
Regulatory Asset [Abstract]
Regulatory Assets		36,600,000												36,600,000		36,600,000
Entergy Arkansas [Member] | 2021 February Winter Storms
Regulatory Asset [Abstract]
Deferred Fuel Cost					32,000,000																		$ 32,000,000
Entergy Arkansas [Member] | Subsequent Event [Member]
Regulatory Asset [Abstract]
Energy Cost Recovery Rider Rate Per kWh																						$ 0.016390
Requested Energy Cost Recovery Rider Rate Per kWh																						$ 0.01785
Annual revenue constraint per rate class percentage	400%
System Energy [Member]
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		79,596,000												79,596,000		79,596,000								$ 97,968,000	$ 97,968,000
Proceeds from the issuance of long-term debt																$ 556,696,000	$ 453,981,000
Regulatory Asset [Abstract]
Earned return on common equity																10.94%
Recommended adjustment to earned return on equity												9.32%
Estimated return on equity complaint refund																$ 61,000,000
Return on equity complaint, estimated annual rate reduction		50,000,000												50,000,000		50,000,000
Regulatory charge related to System Energy settlement		551,000,000
Regulatory charge related to System Energy settlement - net of tax		413,000,000
Previously recorded liability related to applicable litigation		37,000,000
Regulatory Liability related to potential settlement refund		588,000,000												588,000,000		$ 588,000,000
System Energy [Member] | Maximum [Member]
Regulatory Asset [Abstract]
ALJ recommended equity capital structure, percentage												48.15%
System Energy [Member] | Subsequent Event [Member]
Regulatory Asset [Abstract]
Authorized return on common equity	9.65%
Public Utilities, Approved Equity Capital Structure, Percentage	52%
Potential settlement refund	$ 588,250,000
Entergy Finance Company, LLC
Regulatory Asset [Abstract]
Class preferred non voting membership interest units acquired in wholly owned subsidiary | shares			31,635,718.7221
Preferred Stock, Dividend Rate, Percentage			7%
Proceeds from issuance of preferred interest distributed from EFC to EHC			$ 1,400,000,000
Proceeds from issuance of preferred interest distributed from EFC to ETR			1,700,000,000
Preferred Stock, Liquidation Preference, Value			$ 100
Entergy Holdings Company, LLC | Hurricane Katrina and Hurricane Rita
Regulatory Asset [Abstract]
Class preferred non voting membership interest units acquired in wholly owned subsidiary | shares			6,843,780.24
Entergy Holdings Company, LLC | Hurricane Gustav and Hurricane Ike
Regulatory Asset [Abstract]
Class preferred non voting membership interest units acquired in wholly owned subsidiary | shares			4,126,940.15
Entergy Holdings Company, LLC | Hurricane Isaac
Regulatory Asset [Abstract]
Class preferred non voting membership interest units acquired in wholly owned subsidiary | shares			2,935,152.69
Grand Gulf [Member] | System Energy [Member]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage																11.50%
Legacy Entergy Louisiana [Member] | Entergy Louisiana [Member]
Regulatory Asset [Abstract]
Formula rate plan revenue increase			$ 86,000,000
Legacy Entergy Gulf States Louisiana [Member] | Entergy Louisiana [Member]
Regulatory Asset [Abstract]
Formula rate plan revenue increase			66,900,000
Distribution Cost Recovery Factor Rider [Member] | Entergy Texas [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount									$ 40,200,000
Revenue increase resulting from incremental revenue																			$ 13,900,000
Generation Cost Recovery Rider | Entergy Texas [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount						5,000,000	$ 88,300,000
Generation Cost Recovery Rider | Entergy Texas [Member] | Subsequent Event [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount																		92,800,000
Revenue increase resulting from incremental revenue																		$ 4,500,000
Grand Gulf Sale-leaseback Renewal Complaint | System Energy [Member]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage													11.50%
Regulatory Asset [Abstract]
Refund of Lease Payments																												$ 17,200,000
Remaining net book value of the leased assets																												$ 70,000,000
Rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback		422,000,000												422,000,000		$ 422,000,000
Interest Portion of rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback		139,000,000												139,000,000		139,000,000
Refund related to depreciation expense adjustments		$ 19,000,000												$ 19,000,000		$ 19,000,000
Unit Power Sales Agreement Complaint | System Energy [Member]
Regulatory Asset [Abstract]
FERC staff recommended refund				$ 106,600,000	$ 84,100,000
New Orleans City Council Recommended Hypothetical Equity Ratio Prospectively																								48.15%	48.15%
New Orleans City Council Witness Recommended Refund																								$ 98,800,000	$ 98,800,000
New Orleans City Council proposed refunds related to the money pool			51,700,000
LPSC estimated refund without interest			286,000,000
Reduction in the revenue requirement			1,500,000
Reduction in revenue requirement - money pool credited through UPSA			1,900,000
Reduction in revenue requirement for every $50M in refunds			1,900,000
Amount of refunds ordered in a given year			$ 50,000,000
System Energy Formula Rate Annual Protocols Formal Challenge | Entergy Mississippi [Member]
Regulatory Asset [Abstract]
Amount of retail customers receiving bill credit		460,000												460,000		460,000
System Energy Formula Rate Annual Protocols Formal Challenge | Entergy Mississippi [Member] | Subsequent Event [Member]
Regulatory Asset [Abstract]
Amount of refunds ordered in a given year	80
Payments for Legal Settlements	235,000,000
System Energy Formula Rate Annual Protocols Formal Challenge | System Energy [Member]
Regulatory Asset [Abstract]
Estimated financial impact						$ 53,000,000
Transmission Cost Recovery Factor Rider [Member] | Entergy Texas [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount								$ 66,100,000
Revenue increase resulting from incremental revenue																				$ 15,100,000
2022 Base Rate Case | Entergy Texas [Member] | Subsequent Event [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount	131,400,000
2022 Formula Rate Plan | Entergy Arkansas [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount																								$ 15,200,000
Regulatory Asset [Abstract]
Earned return on common equity																								8.38%
2022 Formula Rate Plan | Entergy Arkansas [Member] | Subsequent Event [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount	119,900,000																				$ 104,800,000
Public Utilities, Requested Return on Equity, Percentage																					7.40%
Regulatory Asset [Abstract]
Reduced proposed increase in revenue requirement to comply with annual revenue constraint	$ 79,300,000

Equity (Narrative) (Details)

Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands		1 Months Ended				3 Months Ended		6 Months Ended
	Jul. 29, 2022	Jun. 30, 2022	May 31, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Jan. 31, 2021
Equity [Abstract]
Common stock dividend (in dollars per share)						$ 1.01	$ 0.95	$ 2.02	$ 1.90
Common Stock, Shares Authorized		499,000,000				499,000,000		499,000,000		499,000,000
Preferred Stock, Shares Authorized		1,000,000				1,000,000		1,000,000		1,000,000
Forward Sale Agreement, Aggregate Compensation to Sales Agents		$ 2,500		$ 1,700	$ 500
Stock Issued During Period, Shares, Treasury Stock Reissued								763,847
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount						900,000	1,000,000	900,000	1,000,000
Forward Contract Indexed to Issuer's Equity, Shares		2,124,086		1,538,010	416,853
Forward Contract Indexed to Issuer's Equity, Forward Rate Per Share		$ 116.94		$ 108.14	$ 106.87
Forward Contract Indexed to Equity, Settlement, Cash, Amount		$ 250,900		$ 168,000	$ 45,000	$ 250,900	$ 45,000	$ 250,900	$ 45,000
Stock Issued During Period, Shares, New Issues									265,468
Equity Distribution Sales Agreement, Net Sales Price									$ 26,800
Equity Distribution Sales Agreement, Gross Sales Price									28,200
Equity Distribution Sales Agreement, General Issuance Costs									1,100
Equity Distribution Sales Agreement, Aggregate Compensation to Sales Agents									$ 300
Equity Distribution Program
Equity [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount								1
Forward Contract Indexed to Equity, Settlement, Cash, Amount		884,000				884,000		$ 884,000
Equity Distribution Sales Agreement, Maximum Aggregate Gross Sales Price [Abstract]											$ 1,000,000
Equity Distribution Sales Agreement Increase in Aggregate Gross Sales Price			$ 1,000,000
Entergy Louisiana [Member]
Equity [Abstract]
Members' Equity Attributable to Noncontrolling Interest		31,894				31,894		$ 31,894		$ 0
LURC's percentage of annual dividends			1%					1%
ELL's percentage of annual dividends			99%					99%
Entergy Louisiana [Member] | Restoration Law Trust I
Equity [Abstract]
Members' Equity Attributable to Noncontrolling Interest		31,894				31,894		$ 31,894		0
Entergy Arkansas [Member]
Equity [Abstract]
Members' Equity Attributable to Noncontrolling Interest		31,004				31,004		31,004		33,110
Entergy Mississippi [Member]
Equity [Abstract]
Members' Equity Attributable to Noncontrolling Interest		9,595				9,595		9,595		0
Entergy Mississippi [Member] | MS Sunflower Partnership, LLC
Equity [Abstract]
Members' Equity Attributable to Noncontrolling Interest		$ 9,595				$ 9,595		$ 9,595		$ 0
System Energy [Member]
Equity [Abstract]
Common Stock, Shares Authorized		1,000,000				1,000,000		1,000,000		1,000,000
Entergy Texas [Member]
Equity [Abstract]
Common Stock, Shares Authorized		200,000,000				200,000,000		200,000,000		200,000,000
Subsequent Event [Member]
Equity [Abstract]
Common stock dividend (in dollars per share)	$ 1.01

Equity (Schedule Of Earnings Pe

Equity (Schedule Of Earnings Per Share, Basic And Diluted) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net Income (Loss) Available to Common Stockholders, Basic	$ 159,703	$ (5,974)	$ 436,103	$ 328,591
Net Income Attributable to Entergy Corporation, Shares	203,383,199	200,775,395	203,164,628	200,651,162
Net Income Attributable to Entergy Corporation, $/share	$ 0.79	$ (0.03)	$ 2.15	$ 1.64
Net Income (Loss) Available to Common Stockholders, Diluted	$ 159,700	$ (6,000)	$ 436,100	$ 328,600
Diluted earnings per share, Shares	204,712,242	200,775,395	204,291,597	201,352,830
Diluted earnings per share $/share	$ 0.78	$ (0.03)	$ 2.13	$ 1.63
Employee Stock Option [Member]
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements			500,000	400,000
Average Dilutive Effect Of Stock Options Per Share			$ (0.01)	$ (0.01)
Restricted Stock Units (RSUs) [Member]
Restricted stock, Shares	500,000	0	400,000	300,000
Restricted stock $/share	$ 0	$ 0	$ (0.01)	$ 0
Forward Contracts [Member]
Incremental Common Shares Attributable to Dilutive Effect of Equity Forward Agreements	300,000	0	200,000	0
Average Dilutive Effect Of Equity Forwards	$ 0	$ 0	$ 0	$ 0
Antidilutive Securities, Name [Domain]
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	500,000	0
Average Dilutive Effect Of Stock Options Per Share	$ (0.01)	$ 0

Equity (Accumulated Other Compr

Equity (Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	$ (324,038)	$ (336,578)	$ (478,739)	$ (500,507)	$ (324,038)	$ (478,739)	$ (332,528)	$ (449,207)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	4,087		634		(11,803)	(43,186)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	8,453		21,134		20,293	13,654
Other comprehensive income (loss)	12,540	(4,050)	21,768	(51,300)	8,490	(29,532)
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	1,223	(5,248)	11,855	11,963	1,223	11,855	7,154	56,650
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	4,101		648		(11,774)	(44,653)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	2,370		(756)		5,843	(142)
Other comprehensive income (loss)	6,471		(108)		(5,931)	(44,795)
Accumulated Other Comprehensive Income [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income (loss)	12,540	(4,050)	21,768	(51,300)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	(324,274)	(330,319)	(489,511)	(511,609)	(324,274)	(489,511)	(338,647)	(534,576)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	0		0		0	0
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	6,045		22,098		14,373	45,065
Other comprehensive income (loss)	6,045		22,098		14,373	45,065
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	(987)	(1,011)	(1,083)	(861)	(987)	(1,083)	(1,035)	28,719
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(14)		(14)		(29)	1,467
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	38		(208)		77	(31,269)
Other comprehensive income (loss)	24		(222)		48	(29,802)
Entergy Louisiana [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	7,174				7,174		8,278
Other comprehensive income (loss)	(491)	(613)	588	(407)	(1,104)	181
Entergy Louisiana [Member] | Accumulated Other Comprehensive Income [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income (loss)	(491)	(613)	588	(407)
Entergy Louisiana [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	7,174	$ 7,665	4,508	$ 3,920	7,174	4,508	$ 8,278	$ 4,327
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(491)		588		(1,104)	181
Other comprehensive income (loss)	$ (491)		$ 588		$ (1,104)	$ 181

Equity (Reclassification out of

Equity (Reclassification out of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 3,395,196		$ 2,822,070		$ 6,273,122	$ 5,666,907
Other Nonoperating Income (Expense)	35,578		(62,844)		43,182	(123,773)
Income taxes (benefits)	359,643		18,416		293,145	(47,526)
Consolidated net income	164,011	$ 279,593	(1,394)	$ 339,145	443,604	337,750
Competitive Businesses [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	88,933		148,697		238,722	396,947
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Consolidated net income	(8,453)		(21,134)		(20,293)	(13,654)
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)		(97)	(97)
INCOME (LOSS) BEFORE INCOME TAXES	(48)		264		(97)	39,582
Income taxes (benefits)	10		(56)		20	(8,313)
Consolidated net income	(38)		208		(77)	31,269
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		312		0	39,679
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)	1,380		(440)		3,402	(82)
Consolidated net income	(2,370)		756		(5,843)	142
Realized Investment Gains (Losses)	(3,750)		1,196		(9,245)	224
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of prior-service credit	3,837		5,248		7,674	10,496
Amortization of loss	(10,979)		(27,534)		(24,904)	(62,063)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	(545)		(6,043)		(1,327)	(6,043)
INCOME (LOSS) BEFORE INCOME TAXES	(7,687)		(28,329)		(18,557)	(57,610)
Income taxes (benefits)	1,642		6,231		4,184	12,545
Consolidated net income	(6,045)		(22,098)		(14,373)	(45,065)
Entergy Louisiana [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,515,785		1,267,598		2,781,757	2,375,242
Other Nonoperating Income (Expense)	36,986		(36,033)		52,503	(70,671)
Income taxes (benefits)	307,231		(26,171)		276,442	(63,943)
Consolidated net income	316,659	$ 150,860	143,927	$ 166,626	467,519	310,553
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	1,158		1,230		2,316	2,460
Amortization of loss	(308)		(626)		(627)	(1,305)
Defined Benefit Plan, Accumulated Benefit Obligation, (Increase) Decrease for Settlement and Curtailment	(178)		(1,400)		(178)	(1,400)
INCOME (LOSS) BEFORE INCOME TAXES	672		(796)		1,511	(245)
Income taxes (benefits)	(181)		208		(407)	64
Consolidated net income	$ 491		$ (588)		$ 1,104	$ (181)

Revolving Credit Facilities, _3

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Narrative) (Details) $ in Thousands	1 Months Ended				6 Months Ended
	Jun. 30, 2022 USD ($)	May 31, 2022 USD ($)	Apr. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2026 USD ($)	Dec. 31, 2025 USD ($)	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Feb. 28, 2022 USD ($)	Jan. 01, 2022 USD ($)	Dec. 31, 2021 USD ($)
Debt Instrument [Line Items]
Amount of Facility	$ 3,500,000				$ 3,500,000
Amount Drawn/ Outstanding	$ 150,000				$ 150,000
Commercial Paper Program [Member]
Debt Instrument [Line Items]
Debt, weighted average interest rate	0.91%				0.91%
Commercial Paper program limit	$ 2,000,000				$ 2,000,000
Commercial Paper Amount Outstanding	1,398,000				1,398,000
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					1.96%
4.00% Series mortgage bonds due July 2022
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	4%	4%			4%
Repayments of First Mortgage Bond		$ 650,000
Repayments of Debt	$ 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
Entergy Arkansas [Member] | 4.20% Series mortgage bonds due April 2049
Debt Instrument [Line Items]
Proceeds from Issuance of Debt				$ 200,000
Debt instrument, interest rate, stated percentage	4.20%				4.20%
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
Aggregate principal amount of system restoration bonds authorization requested											$ 3,186,000
Entergy Louisiana [Member] | Unsecured Term Loan due June 2023
Debt Instrument [Line Items]
Debt, weighted average interest rate	1.18%				1.18%
Long-term Line of Credit, Noncurrent													$ 1,200,000
Entergy Louisiana [Member] | Mortgage Bonds Zero Point Six Two Percent Series Due November 2023
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		0.62%
Repayments of First Mortgage Bond		$ 435,000
First Mortgage Bond Amount Outstanding	$ 665,000				$ 665,000
Entergy Mississippi [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings	200,000				200,000
Letters of Credit Outstanding, Amount	400				400								200
Non-MISO letter of credit outstanding	$ 7,000				$ 7,000
Entergy Mississippi [Member] | Unsecured Term Loan due December 2023
Debt Instrument [Line Items]
Debt, weighted average interest rate	2.47%				2.47%
Proceeds from Issuance of Debt	$ 150,000
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	5,300				5,300								$ 100
Entergy Texas [Member] | Hurricanes Laura and Delta and Winter Storm Uri
Debt Instrument [Line Items]
Aggregate principal amount of system restoration bonds authorization requested												$ 242,900
System Restoration Regulatory Asset												$ 13,300
Entergy Texas [Member] | 3.697% Senior Secured System Restoration Bonds Series 2022-A Due December 2036
Debt Instrument [Line Items]
Proceeds from Issuance of Debt			$ 190,850
Debt instrument, interest rate, stated percentage			3.697%
Entergy Texas [Member] | 3.051% Senior Secured System Restoration Bonds Series 2022-A Due December 2028
Debt Instrument [Line Items]
Proceeds from Issuance of Debt			$ 100,000
Debt instrument, interest rate, stated percentage			3.051%
Entergy Texas [Member] | Aggregate Senior secured restoration bonds (securitization bonds)
Debt Instrument [Line Items]
Proceeds from Issuance of Debt			$ 290,850
Entergy Texas [Member] | Aggregate Senior secured restoration bonds (securitization bonds) | Hurricanes Laura and Delta and Winter Storm Uri
Debt Instrument [Line Items]
Proceeds from Issuance of Debt			$ 290,850
System Energy [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings	$ 200,000				$ 200,000
System Energy [Member] | Unsecured Term Loan due November 2023
Debt Instrument [Line Items]
Debt, weighted average interest rate	2.20%				2.20%
Proceeds from Issuance of Debt		$ 50,000
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
System Energy VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding	93,800				$ 93,800
Line of Credit Facility, Interest Rate During Period					1.54%
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	12,000				$ 12,000
Line of Credit Facility, Interest Rate During Period					1.55%
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	70,400				$ 70,400
Line of Credit Facility, Interest Rate During Period					1.49%
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	20,000				$ 20,000
Line of Credit Facility, Interest Rate During Period					1.37%
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	2.02%				2.02%
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%
Maximum [Member] | Entergy Louisiana [Member]
Debt Instrument [Line Items]
Consolidated debt ratio	0.65				0.65
Consolidated debt ratio of total capitalization					70%
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%
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					2.88%
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					2.75%
Credit Facility Of One Hundred And Fifty Million [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Amount of Facility	150,000				$ 150,000
Letters of Credit Outstanding, Amount	0				0
Amount Drawn/ Outstanding	100,000				$ 100,000
Line of Credit Facility, Interest Rate During Period					2.42%
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	1,100				1,100
Amount Drawn/ Outstanding	0				$ 0
Line of Credit Facility, Interest Rate During Period					2.88%
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					3.13%
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					3.19%
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	0				$ 0
Line of Credit Facility, Interest Rate During Period					3.29%
Subsequent Event [Member] | Entergy Texas [Member] | Tranche A-1 3.051% due December 2028
Debt Instrument [Line Items]
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months										$ 12,300
Long-term Debt, Maturities, Repayments of Principal in Year Two									$ 17,800
Long-term Debt, Maturities, Repayments of Principal in Year Three								$ 18,300
Long-term Debt, Maturities, Repayments of Principal in Year Four							$ 18,800
Long-term Debt, Maturities, Repayments of Principal in Year Five						$ 19,400
Credit Facility of Sixty Five Million [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Letters of Credit Outstanding, Amount	4,300				$ 4,300
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	Jun. 30, 2022 USD ($)
Summary of the borrowings outstanding and capacity available under the facility
Capacity	$ 3,500
Amount Drawn/ Outstanding	150
Letters of Credit	3
Capacity Available	3,347
Line of Credit Facility [Line Items]
Amount of Facility	3,500
Credit Facility [Member]
Summary of the borrowings outstanding and capacity available under the facility
Capacity	3,500
Line of Credit Facility [Line Items]
Amount of Facility	3,500
Credit Facility Of One Hundred And Fifty Million [Member] | Entergy Mississippi [Member]
Summary of the borrowings outstanding and capacity available under the facility
Capacity	150
Amount Drawn/ Outstanding	100
Line of Credit Facility [Line Items]
Amount of Facility	$ 150

Revolving Credit Facilities, _5

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Credit Facilities) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Amount of Facility	$ 3,500
Amount Drawn/ Outstanding	150
Entergy Arkansas [Member]
Amount of total borrowing capacity against which fronting commitments exist	5
Entergy Arkansas [Member] | Credit Facility Of Twenty Five Million [Member]
Amount of Facility	$ 25
Interest Rate	3.19%
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	2.75%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Louisiana [Member]
Amount of total borrowing capacity against which fronting commitments exist	15
Entergy Louisiana [Member] | Credit Facility Of Three Hundred Fifty Million [Member]
Amount of Facility	$ 350
Interest Rate	2.88%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	0.4	$ 0.2
Entergy Mississippi [Member] | Credit Facility Of One Hundred And Fifty Million [Member]
Amount of Facility	$ 150
Interest Rate	2.42%
Amount Drawn/ Outstanding	$ 100
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member] | Credit Facility Of Ten Million [Member]
Amount of Facility	$ 10
Interest Rate	3.13%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member] | Credit Facility Of Forty Five Million
Amount of Facility	$ 45
Interest Rate	3.13%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member] | Credit Facility Of Forty Million
Amount of Facility	$ 40
Interest Rate	3.13%
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
Entergy New Orleans [Member] | Credit Facility Of Twenty Five Million [Member]
Amount of Facility	$ 25
Interest Rate	3.29%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Texas [Member]
Amount of total borrowing capacity against which fronting commitments exist	30
Letters of Credit Outstanding, Amount	5.3	$ 0.1
Entergy Texas [Member] | Credit Facility Of One Hundred And Fifty Million [Member]
Amount of Facility	$ 150
Interest Rate	2.88%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	$ 1.1

Revolving Credit Facilities, _6

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Short-Term Borrowings And The Outstanding Short-Term Borrowings) (Details) $ in Millions	Jun. 30, 2022 USD ($)
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	200
Borrowings	0
Entergy New Orleans [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	150
Borrowings	0
Entergy Texas [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	200
Borrowings	0
System Energy [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	200
Borrowings	$ 0

Revolving Credit Facilities, _7

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Amount Drawn/ Outstanding	$ 150
Entergy Arkansas VIE [Member]
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Amount of Facility	$ 80
Line of Credit Facility, Interest Rate During Period	1.55%
Amount Drawn/ Outstanding	$ 12
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	1.54%
Amount Drawn/ Outstanding	$ 93.8
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.10%
Entergy Louisiana River Bend VIE [Member]
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Amount of Facility	$ 105
Line of Credit Facility, Interest Rate During Period	1.37%
Amount Drawn/ Outstanding	$ 20
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	1.49%
Amount Drawn/ Outstanding	$ 70.4
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.10%

Revolving Credit Facilities, _8

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Notes Payable By Variable Interest Entities) (Details) $ in Millions	Jun. 30, 2022 USD ($)
Three Point One Seven Percent Series M Notes Due December Two Thousand Twenty Three [Member] | Entergy Arkansas VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	3.17%
Amount	$ 40
Three Point Two Two Percent Series I Notes Due December Two Thousand Twenty Three [Domain] | Entergy Louisiana Waterford VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	3.22%
Amount	$ 20
Two Point Fifty One Percent Series V Notes Due June 2027 | Entergy Louisiana River Bend VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	2.51%
Amount	$ 70
Two Point Zero Five Percent Series K Notes Due September 2027 | System Energy VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	2.05%
Amount	$ 90
One Point Eight Four Percent Series N Notes Due July Two Thousand Twenty Six | Entergy Arkansas VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	1.84%
Amount	$ 90

Revolving Credit Facilities, _9

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Book Value And The Fair Value Of Long-Term Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Long-term Debt, Fair Value	$ 23,227,270	$ 27,061,171
Long-term Debt, Book Value	25,452,926	25,880,901
Entergy Arkansas [Member]
Long-term Debt, Fair Value	3,805,958	4,176,577
Long-term Debt, Book Value	4,175,929	3,958,862
Entergy Louisiana [Member]
Long-term Debt, Fair Value	9,626,860	11,492,650
Long-term Debt, Book Value	10,369,840	10,914,346
Entergy Mississippi [Member]
Long-term Debt, Fair Value	2,134,560	2,346,230
Long-term Debt, Book Value	2,430,499	2,179,989
Entergy New Orleans [Member]
Long-term Debt, Fair Value	743,715	765,538
Long-term Debt, Book Value	782,815	788,165
Entergy Texas [Member]
Long-term Debt, Fair Value	2,360,498	2,483,995
Long-term Debt, Book Value	2,612,874	2,354,148
System Energy [Member]
Long-term Debt, Fair Value	743,102	743,040
Long-term Debt, Book Value	$ 798,615	$ 741,296

Revolving Credit Facilities,_10

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Uncommitted Standby Letter of Credit Facilities to Support MISO Obligations) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	$ 0.4	$ 0.2
Non-MISO letter of credit outstanding	7
Entergy Texas [Member]
Letters of Credit Outstanding, Amount	5.3	$ 0.1
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	$ 4.5
Credit Facility of Fifteen Million [Member] | Entergy New Orleans [Member]
Uncommitted Credit Facility	$ 15
Letter of Credit Fee, Percentage	1.625%
Letters of Credit Outstanding, Amount	$ 1
Credit Facility Of One Hundred Twenty Five Million [Member] | Entergy Louisiana [Member]
Uncommitted Credit Facility	$ 125
Letter of Credit Fee, Percentage	0.78%
Letters of Credit Outstanding, Amount	$ 70
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	$ 4.3
Credit Facility of Eighty Million | Entergy Texas [Member]
Uncommitted Credit Facility	$ 80
Letter of Credit Fee, Percentage	0.875%
Letters of Credit Outstanding, Amount	$ 79.6

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - 2019 Omnibus Incentive Plan - USD ($) $ / shares in Units, $ in Millions		1 Months Ended	3 Months Ended	6 Months Ended
	Jan. 27, 2022	Jan. 31, 2022	Mar. 31, 2022	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option granted (in shares)			444,028
Weighted-average grant-date fair value of options granted (in dollars per share)			$ 16.25
Stock options outstanding				2,871,099
Weighted-average exercise price of stock options outstanding (in dollars per share)				$ 96.18
Intrinsic value in the money stock options				$ 56.7
Restricted Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock awards granted		328,849
Restricted stock awards granted value (in dollars per share)		$ 109.59
Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Long-term incentive plan awards		170,966
Percent of performance measure based on relative total shareholder return	80%			80%
Percent of performance measure based on cumulative adjusted EPS metric	20%			20%
Long Term Incentive Plan [Member] | Performance measure based on relative total shareholder return [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock awards granted value (in dollars per share)	$ 138.99
Long Term Incentive Plan [Member] | Performance measure based on cumulative adjusted earnings per share metric [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock awards granted value (in dollars per share)	$ 109.59

Stock-Based Compensation (Finan

Stock-Based Compensation (Financial Information For Stock Options) (Details) - Employee Stock Option [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 1.2	$ 1	$ 2.3	$ 2
Tax benefit recognized in Entergy's net income	0.3	0.2	0.6	0.5
Compensation cost capitalized as part of fixed assets and inventory	$ 0.4	$ 0.4	$ 0.8	$ 0.8

Stock-Based Compensation (Fin_2

Stock-Based Compensation (Financial Information For Other Equity Plans) (Details) - Other Equity Awards [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 10.6	$ 9.7	$ 22	$ 20.5
Tax benefit recognized in Entergy's net income	2.7	2.5	5.6	5.2
Compensation cost capitalized as part of fixed assets and inventory	$ 4.3	$ 4	$ 8.7	$ 8

Retirement And Other Postreti_3

Retirement And Other Postretirement Benefits (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2022	Jun. 30, 2022	Jun. 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	$ 200,000			$ 200,000
Defined Benefit Plan, Plan Assets, Contributions by Employer				101,000
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	40,840			40,840
Defined Benefit Plan, Plan Assets, Contributions by Employer				21,532
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	22,917			22,917
Defined Benefit Plan, Plan Assets, Contributions by Employer				13,410
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	12,852			12,852
Defined Benefit Plan, Plan Assets, Contributions by Employer				5,442
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	922			922
Defined Benefit Plan, Plan Assets, Contributions by Employer				922
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	1,924			1,924
Defined Benefit Plan, Plan Assets, Contributions by Employer				1,486
Difference between rate case pension amounts and actuarially determined pension amounts	15,700			15,700
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	12,760			12,760
Defined Benefit Plan, Plan Assets, Contributions by Employer				6,187
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			$ 19,308
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			9,507
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			7,410
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			438
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			$ 6,573
Non Qualified Pension Plans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	7,200	$ 4,600		17,400	$ 9,200
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	2,500			7,800
Non Qualified Pension Plans [Member] | Entergy Arkansas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	71	90		143	180
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	26	44		53	88
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	79	96		161	192
Defined Benefit Plan, Benefit Obligation, Payment for Settlement				2
Non Qualified Pension Plans [Member] | Entergy New Orleans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	27	8		56	16
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	88	115		303	230
Defined Benefit Plan, Benefit Obligation, Payment for Settlement				119
Pension Plans Defined Benefit [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost	65,634	188,642		111,385	278,657
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	(22,653)	(111,549)		(22,653)	(111,549)
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	21,773	39,003		32,127	54,393
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	(11,496)	(24,386)		(11,496)	(24,386)
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	15,394	49,989		26,494	66,258
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	(4,461)	(34,992)		(4,461)	(34,992)
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	5,535	12,346		8,950	17,254
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	(2,208)	(7,762)		(2,208)	(7,762)
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	744	4,866		1,488	6,339
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	0	(3,585)		0	(3,585)
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	3,851	8,578		5,276	10,801
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	(2,466)	(6,626)		(2,466)	(6,626)
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	5,003	9,256		8,029	14,257
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	$ (2,023)	$ (4,638)		$ (2,023)	$ (4,638)

Retirement And Other Postreti_4

Retirement And Other Postretirement Benefits (Components Of Qualified Net Pension Cost) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	$ 36,977	$ 42,951	$ 74,637	$ 88,191
Interest cost on projected benefit obligation	52,676	47,382	103,795	93,480
Expected return on assets	(103,085)	(106,039)	(206,692)	(211,753)
Amortization of loss	56,413	92,799	116,992	197,190
Net other postretirement benefit cost	65,634	188,642	111,385	278,657
Pension Plans Defined Benefit [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	6,699	7,255	13,557	14,674
Interest cost on projected benefit obligation	9,761	8,752	19,078	17,092
Expected return on assets	(19,031)	(19,640)	(38,278)	(39,311)
Amortization of loss	12,848	18,250	26,274	37,552
Net other postretirement benefit cost	21,773	39,003	32,127	54,393
Pension Plans Defined Benefit [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	9,007	9,759	18,144	19,803
Interest cost on projected benefit obligation	10,684	9,864	21,183	19,425
Expected return on assets	(21,060)	(22,516)	(42,193)	(45,055)
Amortization of loss	12,302	17,890	24,899	37,093
Net other postretirement benefit cost	15,394	49,989	26,494	66,258
Pension Plans Defined Benefit [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	2,075	2,304	4,205	4,668
Interest cost on projected benefit obligation	2,796	2,571	5,474	5,034
Expected return on assets	(5,164)	(5,600)	(10,367)	(11,186)
Amortization of loss	3,620	5,309	7,430	10,976
Net other postretirement benefit cost	5,535	12,346	8,950	17,254
Pension Plans Defined Benefit [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	752	774	1,504	1,569
Interest cost on projected benefit obligation	1,139	1,079	2,278	2,108
Expected return on assets	(2,515)	(2,641)	(5,030)	(5,263)
Amortization of loss	1,368	2,069	2,736	4,340
Net other postretirement benefit cost	744	4,866	1,488	6,339
Pension Plans Defined Benefit [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,579	1,757	3,211	3,557
Interest cost on projected benefit obligation	2,272	2,052	4,447	4,002
Expected return on assets	(4,905)	(5,272)	(9,842)	(10,510)
Amortization of loss	2,439	3,415	4,994	7,126
Net other postretirement benefit cost	3,851	8,578	5,276	10,801
Pension Plans Defined Benefit [Member] | System Energy [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	2,001	2,253	4,046	4,566
Interest cost on projected benefit obligation	2,394	2,236	4,732	4,378
Expected return on assets	(4,586)	(4,804)	(9,209)	(9,583)
Amortization of loss	3,171	4,933	6,437	10,258
Net other postretirement benefit cost	5,003	9,256	8,029	14,257
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	6,184	6,645	12,368	13,290
Interest cost on projected benefit obligation	6,827	5,320	13,654	10,640
Expected return on assets	(10,855)	(10,805)	(21,710)	(21,610)
Amortization of prior service cost (credit)	(6,388)	(8,267)	(12,776)	(16,534)
Amortization of loss	1,083	713	2,166	1,426
Net other postretirement benefit cost	(3,149)	(6,394)	(6,298)	(12,788)
Other Postretirement [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,114	1,034	2,228	2,068
Interest cost on projected benefit obligation	1,263	932	2,526	1,864
Expected return on assets	(4,483)	(4,505)	(8,966)	(9,010)
Amortization of prior service cost (credit)	471	(280)	942	(560)
Amortization of loss	218	49	436	98
Net other postretirement benefit cost	(1,417)	(2,770)	(2,834)	(5,540)
Other Postretirement [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,408	1,544	2,816	3,088
Interest cost on projected benefit obligation	1,443	1,130	2,886	2,260
Expected return on assets	0	0	0	0
Amortization of prior service cost (credit)	(1,158)	(1,230)	(2,316)	(2,460)
Amortization of loss	(186)	(91)	(372)	(182)
Net other postretirement benefit cost	1,507	1,353	3,014	2,706
Other Postretirement [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	339	362	678	724
Interest cost on projected benefit obligation	350	278	700	556
Expected return on assets	(1,394)	(1,384)	(2,788)	(2,768)
Amortization of prior service cost (credit)	(443)	(444)	(886)	(888)
Amortization of loss	56	19	112	38
Net other postretirement benefit cost	(1,092)	(1,169)	(2,184)	(2,338)
Other Postretirement [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	99	109	198	218
Interest cost on projected benefit obligation	174	130	348	260
Expected return on assets	(1,499)	(1,438)	(2,998)	(2,876)
Amortization of prior service cost (credit)	(229)	(229)	(458)	(458)
Amortization of loss	(225)	(178)	(450)	(356)
Net other postretirement benefit cost	(1,680)	(1,606)	(3,360)	(3,212)
Other Postretirement [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	331	346	662	692
Interest cost on projected benefit obligation	399	317	798	634
Expected return on assets	(2,568)	(2,548)	(5,136)	(5,096)
Amortization of prior service cost (credit)	(1,093)	(936)	(2,186)	(1,872)
Amortization of loss	162	100	324	200
Net other postretirement benefit cost	(2,769)	(2,721)	(5,538)	(5,442)
Other Postretirement [Member] | System Energy [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	310	335	620	670
Interest cost on projected benefit obligation	279	220	558	440
Expected return on assets	(791)	(789)	(1,582)	(1,578)
Amortization of prior service cost (credit)	(80)	(109)	(160)	(218)
Amortization of loss	30	15	60	30
Net other postretirement benefit cost	(252)	(328)	(504)	(656)
Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	7,200	4,600	17,400	9,200
Non Qualified Pension Plans [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	71	90	143	180
Non Qualified Pension Plans [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	26	44	53	88
Non Qualified Pension Plans [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	79	96	161	192
Non Qualified Pension Plans [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	27	8	56	16
Non Qualified Pension Plans [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	$ 88	$ 115	$ 303	$ 230

Retirement And Other Postreti_5

Retirement And Other Postretirement Benefits (Expected Employer Contributions) (Details) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2022	Jun. 30, 2022
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		$ 200,000
Defined Benefit Plan, Plan Assets, Contributions by Employer		101,000
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		22,917
Defined Benefit Plan, Plan Assets, Contributions by Employer		13,410
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	$ 9,507
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		12,852
Defined Benefit Plan, Plan Assets, Contributions by Employer		5,442
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	7,410
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		922
Defined Benefit Plan, Plan Assets, Contributions by Employer		922
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		1,924
Defined Benefit Plan, Plan Assets, Contributions by Employer		1,486
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	438
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		12,760
Defined Benefit Plan, Plan Assets, Contributions by Employer		6,187
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	6,573
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		40,840
Defined Benefit Plan, Plan Assets, Contributions by Employer		$ 21,532
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	$ 19,308

Retirement And Other Postreti_6

Retirement And Other Postretirement Benefits (Reclassification Out Of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	$ 3,837	$ 5,248	$ 7,674	$ 10,496
Amortization of loss	(10,979)	(27,534)	(24,904)	(62,063)
Total	(7,687)	(28,329)	(18,557)	(57,610)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(545)	(6,043)	(1,327)	(6,043)
Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	1,158	1,230	2,316	2,460
Amortization of loss	(308)	(626)	(627)	(1,305)
Total	672	(796)	1,511	(245)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(178)	(1,400)	(178)	(1,400)
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0	0	0
Amortization of loss	(10,035)	(26,443)	(22,945)	(59,883)
Total	(10,213)	(32,486)	(23,123)	(65,926)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(178)	(6,043)	(178)	(6,043)
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	(493)	(716)	(997)	(1,484)
Total	(671)	(2,116)	(1,175)	(2,884)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(178)	(1,400)	(178)	(1,400)
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	4,014	5,288	8,028	10,576
Amortization of loss	(596)	(496)	(1,192)	(990)
Total	3,418	4,792	6,836	9,586
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	1,158	1,230	2,316	2,460
Amortization of loss	186	91	372	182
Total	1,344	1,321	2,688	2,642
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	(177)	(40)	(354)	(80)
Amortization of loss	(348)	(595)	(767)	(1,190)
Total	(892)	(635)	(2,270)	(1,270)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(367)	0	(1,149)	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)	(2)	(3)
Total	(1)	(1)	(2)	(3)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	$ 0	$ 0	$ 0	$ 0

Business Segment Information Bu

Business Segment Information Business Segment Information (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Palisades [Member] | Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Gain (Loss) on Disposition of Assets	$ 166	$ 166		$ 166
Indian Point Energy Center | Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Gain (Loss) on Disposition of Assets			$ 340		$ 340
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Asset Write-Offs, Impairments, And Related Charges		$ 1	$ 342	1	345
Restructuring Charges				3	8
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member] | Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Restructuring Charges				$ 3	$ 7

Business Segment Information (S

Business Segment Information (Segment Financial Information) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 3,395,196		$ 2,822,070		$ 6,273,122	$ 5,666,907
Segment Financial Information
Income taxes (benefits)	(359,643)		(18,416)		(293,145)	47,526
Consolidated net income	164,011	$ 279,593	(1,394)	$ 339,145	443,604	337,750
Assets	57,827,579				57,827,579		$ 59,454,242
Utility [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	3,306,269		2,673,385		6,034,425	5,270,000
Segment Financial Information
Income taxes (benefits)	(371,704)		71,360		(296,346)	131,094
Consolidated net income	156,548		329,936		499,704	690,535
Assets	60,525,686				60,525,686		59,733,625
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	88,933		148,656		238,711	396,874
Segment Financial Information
Income taxes (benefits)	25,233		(71,696)		28,089	(56,135)
Consolidated net income	87,386		(274,648)		95,245	(236,525)
Assets	528,296				528,296		1,242,675
All Other [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0		31		0	54
Segment Financial Information
Income taxes (benefits)	(13,172)		(18,080)		(24,888)	(27,433)
Consolidated net income	(36,672)		(24,784)		(76,148)	(52,464)
Assets	548,740				548,740		561,168
Eliminations
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(6)		(2)		(14)	(21)
Segment Financial Information
Income taxes (benefits)	0		0		0	0
Consolidated net income	(43,251)		$ (31,898)		(75,197)	$ (63,796)
Assets	$ (3,775,143)				$ (3,775,143)		$ (2,083,226)

Business Segment Information _2

Business Segment Information Business Segment Information (Restructuring Costs) (Details) - Entergy Wholesale Commodities [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Restructuring Charges			$ 3	$ 8
Restructuring Reserve	$ 40	$ 33	40	33		$ 41	$ 37	$ 171	$ 159
Restructuring Costs	(1)	(5)
Payments for Restructuring	0	133	0	134
Asset Write-Offs, Impairments, And Related Charges	1	342	1	345
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges			3	7
Restructuring Reserve	40	33	40	33		41	37	157	145
Restructuring Costs	(1)	(6)
Payments for Restructuring	0	118	0	119
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member] | Subsequent Event [Member]
Segment Reporting Information [Line Items]
Restructuring Reserve					$ 5
Economic Development Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	0	1	0	1
Restructuring Reserve	0	0	0	0		$ 0	$ 0	$ 14	$ 14
Payments for Restructuring	$ 0	$ 15	$ 0	$ 15

Risk Management and Fair Valu_3

Risk Management and Fair Values (Narrative) (Details)	6 Months Ended
	Jun. 30, 2022 USD ($) MMBTU GWh	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Maturity of cash flow hedges, Tax		$ 8,000,000
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU	27,681,400
Total volume of fixed transmission rights outstanding | GWh	135,179
Debt Securities, Available-for-sale, Allowance for Credit Loss			$ 400,000
Letters Of Credit	$ 3,000,000
Entergy Arkansas [Member]
Total volume of fixed transmission rights outstanding | GWh	30,477
Entergy Louisiana [Member]
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU	12,800,000
Total volume of fixed transmission rights outstanding | GWh	61,242
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	$ 400,000		200,000
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU	14,771,300
Total volume of fixed transmission rights outstanding | GWh	14,621
Entergy New Orleans [Member]
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU	110,100
Total volume of fixed transmission rights outstanding | GWh	5,720
Entergy Texas [Member]
Letters of Credit Outstanding, Amount	$ 5,300,000		100,000
Total volume of fixed transmission rights outstanding | GWh	22,950
Gas Hedge Contracts [Member] | Entergy Louisiana [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	1 year 9 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		$ 40,000,000
Entergy Wholesale Commodities [Member]
Cash collateral posted	$ 12,000,000		$ 8,000,000
Utility [Member]
Letters Of Credit	$ 6,000,000

Risk Management and Fair Valu_4

Risk Management and Fair Values (Fair Values Of Derivative Instruments) (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Entergy Wholesale Commodities [Member]
Derivatives, Fair Value [Line Items]
Cash collateral posted	$ 12,000,000	$ 8,000,000
Other Deferred Debits And Other Assets [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	9,000,000	5,000,000
Derivative Asset, Fair Value, Gross Asset	9,000,000	5,000,000
Derivative, Collateral, Obligation to Return Cash		0
Prepayments And Other [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	37,000,000	6,000,000
Derivative Asset, Fair Value, Gross Asset	37,000,000	6,000,000
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	12,000,000	4,000,000
Derivative Asset, Fair Value, Gross Asset	13,000,000	4,000,000
Derivative, Collateral, Obligation to Return Cash	(1,000,000)	0
Other Current Liabilities [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability		7,000,000
Derivative, Collateral, Right to Reclaim Cash		0
Derivative Liability		7,000,000
Entergy Louisiana [Member] | Other Deferred Debits And Other Assets [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	8,700,000	5,300,000
Derivative Asset, Fair Value, Gross Asset	8,700,000	5,300,000
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	16,100,000	5,700,000
Derivative Asset, Fair Value, Gross Asset	16,100,000	5,700,000
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	4,700,000	600,000
Derivative Asset, Fair Value, Gross Asset	5,300,000	600,000
Derivative, Collateral, Obligation to Return Cash	600,000	0
Entergy Mississippi [Member]
Liabilities:
Letters of Credit Outstanding, Amount	400,000	200,000
Entergy Mississippi [Member] | Prepayments And Other [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	20,600,000
Derivative Asset, Fair Value, Gross Asset	20,600,000
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	500,000	300,000
Derivative Asset, Fair Value, Gross Asset	500,000	300,000
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		6,700,000
Derivative, Collateral, Right to Reclaim Cash		0
Derivative Liability		6,700,000
Entergy New Orleans [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	600,000	100,000
Derivative Asset, Fair Value, Gross Asset	600,000	100,000
Derivative, Collateral, Obligation to Return Cash	0	0
Entergy New Orleans [Member] | Other Current Liabilities [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	200,000	500,000
Derivative, Collateral, Right to Reclaim Cash	0	0
Derivative Liability	200,000	500,000
Entergy Arkansas [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	4,400,000	2,300,000
Derivative Asset, Fair Value, Gross Asset	4,500,000	2,300,000
Derivative, Collateral, Obligation to Return Cash	(100,000)	0
Entergy Texas [Member]
Liabilities:
Letters of Credit Outstanding, Amount	5,300,000	100,000
Entergy Texas [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	1,500,000	800,000
Derivative Asset, Fair Value, Gross Asset	1,700,000	800,000
Derivative, Collateral, Obligation to Return Cash	$ (200,000)	$ 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) $ in Millions	6 Months Ended
	Jun. 30, 2021 USD ($)
Effect of Derivative instruments designated as cash flow hedges on consolidated statements of income
Derivative Instruments Gain Loss Reclassified From Accumulated O C I Into Income Effective Portion Tax	$ 8
Competitive Businesses Operating Revenues [Member] | Electricity Swaps And Options [Member] | Cash Flow Hedging [Member]
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)	40
Unrealized Gain (Loss) on Derivatives	$ 2

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		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
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)
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	$ 23	18	$ 78	25
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	37	16	60	144
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	4.4		4.4		$ 2.3
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	16	3.4	23.5	29.5
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	4.7		4.7		0.6
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	8.7		8.7		5.3
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	16.1		16.1		5.7
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	8.7	4.9	19.8	6.7
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	16.1	5.9	25.5	18.2
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	0.4		0.4		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	0.5		0.5		0.3
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					6.7
Derivative, Collateral, Right to Reclaim Cash					0
Derivative Liability					6.7
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	20.6		20.6
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	14.6	13.2	57.4	18.3
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	2.2	0.7	3.2	7.9
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	0.6		0.6		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	0.2		0.2		0.5
Derivative, Collateral, Right to Reclaim Cash	0		0		0
Derivative Liability	0.2		0.2		0.5
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	(0.2)	0.1	0.9
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	1.6	0.8	2.4	2
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	5.3		5.3		0.1
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	1.5		1.5		$ 0.8
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	$ 1	$ 4.8	$ 4.9	$ 82.7

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	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	$ 513,624	$ 397,615
Assets at fair value on a recurring basis
Securitization recovery trust account	28,000	29,000
Replacement Reserve Escrow	331,000	49,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	5,021,000	6,005,000
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	1,693,000	2,177,000
Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	2,379,000	3,205,000
Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	46,000	11,000
Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	12,000	4,000
Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	18,000	132,000
Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	514,000	398,000
Assets at fair value on a recurring basis
Securitization recovery trust account	28,000	29,000
Replacement Reserve Escrow	331,000	49,000
Equity Securities, FV-NI	18,000	132,000
Debt Securities	598,000	770,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,526,000	1,384,000
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		7,000
Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	37,000	6,000
Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Securitization recovery trust account	0	0
Replacement Reserve Escrow	0	0
Equity Securities, FV-NI	0	0
Debt Securities	1,095,000	1,407,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,104,000	1,412,000
Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		0
Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	9,000	5,000
Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Securitization recovery trust account	0	0
Replacement Reserve Escrow	0	0
Equity Securities, FV-NI	0	0
Debt Securities	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	12,000	4,000
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] | 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	12,000	4,000
Entergy New Orleans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	25,665	42,836
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	1,740	1,999
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	28,000	44,900
Entergy New Orleans [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	200	500
Entergy New Orleans [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	600	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	25,700	42,800
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	1,700	2,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	27,400	44,800
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	200	500
Entergy New Orleans [Member] | Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
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	0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	600	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	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	600	100
Entergy Mississippi [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	26,072	47,598
Assets at fair value on a recurring basis
Replacement Reserve Escrow	41,100	48,900
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	88,300	96,800
Entergy Mississippi [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		6,700
Entergy Mississippi [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	20,600
Entergy Mississippi [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	500	300
Entergy Mississippi [Member] | Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	26,100	47,600
Assets at fair value on a recurring basis
Replacement Reserve Escrow	41,100	48,900
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	87,800	96,500
Entergy Mississippi [Member] | Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		6,700
Entergy Mississippi [Member] | Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	20,600
Entergy Mississippi [Member] | Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Replacement Reserve Escrow	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	0	0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		0
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]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Replacement Reserve Escrow	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	500	300
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	500	300
Entergy Louisiana [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	65,717	18,378
Assets at fair value on a recurring basis
Replacement Reserve Escrow	290,100
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	2,141,800	2,144,500
Entergy Louisiana [Member] | Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	733,300	794,200
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	1,010,600	1,300,100
Entergy Louisiana [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	24,800	11,000
Entergy Louisiana [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	4,700	600
Entergy Louisiana [Member] | Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	12,600	20,200
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	65,700	18,400
Assets at fair value on a recurring basis
Replacement Reserve Escrow	290,100
Equity Securities, FV-NI	12,600	20,200
Debt Securities	225,000	262,600
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	609,500	306,900
Entergy Louisiana [Member] | Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	16,100	5,700
Entergy Louisiana [Member] | Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Replacement Reserve Escrow	0
Equity Securities, FV-NI	0	0
Debt Securities	508,300	531,600
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	517,000	536,900
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	8,700	5,300
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Replacement Reserve Escrow	0
Equity Securities, FV-NI	0	0
Debt Securities	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	4,700	600
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	4,700	600
Entergy Arkansas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	58,167	4,760
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,257,400	1,445,500
Entergy Arkansas [Member] | Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	484,800	526,300
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	705,900	895,400
Entergy Arkansas [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	4,400	2,300
Entergy Arkansas [Member] | Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	4,100	16,700
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	58,200	4,800
Assets at fair value on a recurring basis
Equity Securities, FV-NI	4,100	16,700
Debt Securities	131,600	119,500
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	193,900	141,000
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	406,800
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	353,200	406,800
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	4,400	2,300
Entergy Arkansas [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	4,400	2,300
Entergy Texas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	14,351	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	26,551	26,629
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	42,500	27,400
Entergy Texas [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,500	800
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	14,400
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	26,600	26,600
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	41,000	26,600
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	1,500	800
Entergy Texas [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,500	800
System Energy [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	134,648	89,114
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,273,400	1,474,400
System Energy [Member] | Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	474,200	524,500
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	662,900	847,900
System Energy [Member] | Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	1,700	12,900
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	134,600	89,100
Assets at fair value on a recurring basis
Equity Securities, FV-NI	1,700	12,900
Debt Securities	241,100	273,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	377,400	375,000
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	233,100	251,500
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	233,100	251,500
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 Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
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		$ 0				$ 38
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)				2
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset				0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements				38
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings				(2)
Issuance of Financial Transmission Rights				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	$ 12	15	$ 12	15	$ 1	$ 4	$ 4	9
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings			0	3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)			0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	32	15	52	135
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	37	16	60	144
Issuance of Financial Transmission Rights	16	12	16	12
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	4.4	3.8	4.4	3.8	0.4	2.3	1.4	2.7
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	14.6	3		27.8
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset			20.2
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	16	3.4	23.5	29.5
Issuance of Financial Transmission Rights	5.4	2.8	5.4	2.8
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	4.7	4.8	4.7	4.8	0.3	0.6	1.2	4.2
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	15.2	5.4		14.7
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset			24.3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	16.1	5.9	25.5	18.2
Issuance of Financial Transmission Rights	5.3	4.1	5.3	4.1
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	0.5	2.1	0.5	2.1	0.2	0.3	0.3	0.6
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	1.7	0.8		7.7
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset			2.6
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	(2.2)	(0.7)	(3.2)	(7.9)
Issuance of Financial Transmission Rights	0.8	1.7	0.8	1.7
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	0.6	0.6	0.6	0.6	0.1	0.1	0.1	0.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	1.3	0.9		2.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset			2.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	(1.6)	(0.8)	(2.4)	(2)
Issuance of Financial Transmission Rights	0.8	0.4	0.8	0.4
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	1.5	3.8	1.5	3.8	$ 0.5	$ 0.8	$ 0.5	$ 1.6
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	(1.9)	5.4		82.2
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset			1.7
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	1	4.8	4.9	82.7
Issuance of Financial Transmission Rights	$ 3.9	$ 2.7	$ 3.9	$ 2.7

Risk Management and Fair Valu_9

Risk Management and Fair Values (Schedules Of Valuation Techniques) (Details) - Gas Hedge Contracts [Member]	6 Months Ended
	Jun. 30, 2022
Entergy Louisiana [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	1 year 9 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 ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Jun. 28, 2022
Decommissioning Trust Funds [Abstract]
Deferred taxes on unrealized gains/(losses) recorded in OCI for non-regulated decommissioning trusts	$ 3,768	$ (27)	$ (3,453)	$ (25,608)
Amortized cost of debt securities	$ 1,846,000		$ 1,846,000		$ 2,125,000
Average coupon rate of debt securities	2.86%		2.86%
Average duration of debt securities, years			6 years 6 months 25 days
Average maturity of debt securities, years			10 years 2 months 4 days
Proceeds from the dispositions of debt securities	$ 333,000	273,000	$ 636,000	797,000
Debt Securities, Available-for-sale, Allowance for Credit Loss					400
Equity Securities, FV-NI, Unrealized Loss	(481,000)		(647,000)
Debt Securities, Available-for-sale, Realized Gain	1,000	6,000	2,000	17,000
Debt Securities, Available-for-sale, Realized Loss	16,000	1,000	28,000	12,000
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale			1,500
Debt Securities [Member]
Decommissioning Trust Funds [Abstract]
Deferred taxes on unrealized gains/(losses) recorded in OCI for non-regulated decommissioning trusts			(1,000)		2,000
Entergy Arkansas [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 536,800		$ 536,800		519,600
Average coupon rate of debt securities	2.27%		2.27%
Average duration of debt securities, years			6 years 2 months 19 days
Average maturity of debt securities, years			7 years 6 months 10 days
Proceeds from the dispositions of debt securities	$ 8,800	12,300	$ 15,900	26,100
Equity Securities, FV-NI, Unrealized Loss	(143,500)		(193,900)
Debt Securities, Available-for-sale, Realized Gain	30	700	60	1,600
Debt Securities, Available-for-sale, Realized Loss	300	100	500	100
Entergy Louisiana [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 786,100		$ 786,100		766,300
Average coupon rate of debt securities	3.50%		3.50%
Average duration of debt securities, years			6 years 9 months 10 days
Average maturity of debt securities, years			12 years 4 months 2 days
Proceeds from the dispositions of debt securities	$ 120,300	62,500	$ 240,900	170,900
Percentage Interest in River Bend			30%
Equity Securities, FV-NI, Unrealized Loss	(202,900)		$ (271,600)
Debt Securities, Available-for-sale, Realized Gain	200	1,500	1,100	4,800
Debt Securities, Available-for-sale, Realized Loss	6,700	100	12,200	3,300
System Energy [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 523,200		$ 523,200		515,600
Average coupon rate of debt securities	2.46%		2.46%
Average duration of debt securities, years			6 years 7 months 9 days
Average maturity of debt securities, years			9 years 6 months 3 days
Proceeds from the dispositions of debt securities	$ 67,800	101,600	$ 104,000	175,700
Equity Securities, FV-NI, Unrealized Loss	(134,600)		(181,800)
Debt Securities, Available-for-sale, Realized Gain	100	1,900	200	3,100
Debt Securities, Available-for-sale, Realized Loss	$ 4,600	$ 200	$ 5,300	$ 1,800
Palisades [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value					$ 576,000	$ 552,000

Decommissioning Trust Funds (Se

Decommissioning Trust Funds (Securities Held) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Total	$ 1,692	$ 2,177
Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	157	12
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	4	65
Total	1,692	2,177
Entergy Arkansas [Member]
Debt Securities, Available-for-sale [Line Items]
Total	484.8	526.3
Entergy Arkansas [Member] | Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	52.2	4.7
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0.2	11.4
Total	484.8	526.3
Entergy Louisiana [Member]
Debt Securities, Available-for-sale [Line Items]
Total	733.3	794.2
Entergy Louisiana [Member] | Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	56	3.3
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	3.2	31.3
Total	733.3	794.2
System Energy [Member]
Debt Securities, Available-for-sale [Line Items]
Total	474.3	524.5
System Energy [Member] | Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	49.2	2.9
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0.2	11.8
Total	$ 474.3	$ 524.5

Decommissioning Trust Funds (Av

Decommissioning Trust Funds (Available For Sale Securities Continuous Unrealized Loss Position Fair Value) (Details) - Debt Securities [Member] - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value	$ 1,357	$ 770
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	123	99
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	1,480	869
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	134	8
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	23	4
Debt Securities, Available-for-sale, Unrealized Loss Position	157	12
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	384.2	183.8
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	64.2	39.5
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	448.4	223.3
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	40.8	2.9
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	11.4	1.8
Debt Securities, Available-for-sale, Unrealized Loss Position	52.2	4.7
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	528.8	206.9
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	41.8	42.9
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	570.6	249.8
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	48.5	1.4
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	7.5	1.9
Debt Securities, Available-for-sale, Unrealized Loss Position	56	3.3
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	443.6	276.6
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	16.7	11.3
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	460.3	287.9
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	45.1	2.3
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	4.1	0.6
Debt Securities, Available-for-sale, Unrealized Loss Position	$ 49.2	$ 2.9

Decommissioning Trust Funds (Fa

Decommissioning Trust Funds (Fair Value Of Debt Securities By Contractual Maturities) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair value of debt securities by contractual maturities
1 year - 5 years	$ 556,000	$ 473,000
5 years - 10 years	501,000	655,000
10 years - 15 years	120,000	389,000
15 years - 20 years	143,000	130,000
20 years+	307,000	530,000
Total	1,692,000	2,177,000
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	65,000	0
Decommissioning Fund Investments	4,090,109	5,514,016
Entergy Arkansas [Member]
Fair value of debt securities by contractual maturities
1 year - 5 years	157,900	91,700
5 years - 10 years	201,400	217,400
10 years - 15 years	43,000	146,000
15 years - 20 years	34,300	35,700
20 years+	18,100	35,500
Total	484,800	526,300
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	30,100	0
Decommissioning Fund Investments	1,194,815	1,438,416
Entergy Louisiana [Member]
Fair value of debt securities by contractual maturities
1 year - 5 years	198,900	157,800
5 years - 10 years	156,600	173,000
10 years - 15 years	70,300	123,000
15 years - 20 years	78,500	80,200
20 years+	203,800	260,200
Total	733,300	794,200
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	25,200	0
Decommissioning Fund Investments	1,756,483	2,114,523
System Energy [Member]
Fair value of debt securities by contractual maturities
1 year - 5 years	199,200	156,800
5 years - 10 years	142,500	161,800
10 years - 15 years	7,200	58,600
15 years - 20 years	29,800	1,900
20 years+	85,700	145,400
Total	474,300	524,500
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	9,900	0
Decommissioning Fund Investments	$ 1,138,811	$ 1,385,254

Income Taxes Income Taxes (Redu

Income Taxes Income Taxes (Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	May 31, 2022	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes		$ 16	$ 14	$ 33	$ 54
Reduction of income tax expense	$ 283
Entergy Arkansas [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes		0	0	0	8
Entergy Louisiana [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes		9	8	18	15
Reduction of income tax expense	290
Regulatory charge recorded as a result of reduction in income tax expense	224
Regulatory charge recorded as a result of reduction in income tax expense, net of tax	$ 165
Entergy New Orleans [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes		0	0	1	0
Entergy Texas [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes		7	6	14	13
System Energy [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes		$ 0	$ 0	$ 0	$ 18

Property, Plant, And Equipment

Property, Plant, And Equipment (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Construction expenditures in accounts payable	$ 401	$ 723
Entergy Arkansas [Member]
Construction expenditures in accounts payable	54.8	35.6
Entergy Louisiana [Member]
Construction expenditures in accounts payable	198.7	507.9
Entergy Mississippi [Member]
Construction expenditures in accounts payable	20.9	26.5
Entergy New Orleans [Member]
Construction expenditures in accounts payable	12.7
Entergy Texas [Member]
Construction expenditures in accounts payable	44.6	73.1
System Energy [Member]
Construction expenditures in accounts payable	$ 29.2	$ 23.4

Variable Interest Entities (Nar

Variable Interest Entities (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	May 31, 2022	Dec. 31, 2021
Variable Interest Entity [Line Items]
Assets	$ 57,827,579			$ 59,454,242
Entergy New Orleans [Member]
Variable Interest Entity [Line Items]
Assets	2,102,017			2,150,323
Entergy Louisiana [Member]
Variable Interest Entity [Line Items]
Assets	27,827,300			27,675,838
LURC's beneficial interest in the storm trust, percentage			1%
Entergy Louisiana [Member] | Entergy Finance Company [Member]
Variable Interest Entity [Line Items]
Redeemable Noncontrolling Interest, Equity, Preferred, Fair Value	3,200,000
System Energy [Member]
Variable Interest Entity [Line Items]
Assets	$ 4,246,761			4,372,624
System Energy [Member] | Grand Gulf [Member]
Variable Interest Entity [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage	11.50%
Payments on lease, including interest	$ 8,600	$ 8,600
Entergy Arkansas [Member]
Variable Interest Entity [Line Items]
Assets	12,615,790			12,565,119
Entergy Arkansas [Member] | AR Searcy Partnership, LLC
Variable Interest Entity [Line Items]
Assets	143,000
Ownership Interest in Partnership, Carrying Value	112,500
Entergy Mississippi [Member]
Variable Interest Entity [Line Items]
Assets	5,896,900			$ 5,557,389
Entergy Mississippi [Member] | MS Sunflower Partnership, LLC
Variable Interest Entity [Line Items]
Assets	105,200
Ownership Interest in Partnership, Carrying Value	$ 95,600

Revenue Recognition (Disaggrega

Revenue Recognition (Disaggregation of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 3,395,196	$ 2,822,070	$ 6,273,122	$ 5,666,907
Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	696,939	550,274	1,255,895	1,133,660
Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,515,785	1,267,598	2,781,757	2,375,242
Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	405,459	349,040	754,488	685,659
Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	254,249	178,740	452,521	348,075
Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	564,591	430,434	1,037,073	910,654
Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	3,258,255	2,641,375	5,914,031	5,179,794
Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	696,939	550,274	1,255,895	1,133,660
Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,497,942	1,254,579	2,735,179	2,334,242
Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	405,459	349,040	754,488	685,659
Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	224,084	159,761	378,730	298,909
Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	564,591	430,434	1,037,073	910,654
Natural Gas, US Regulated [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	48,008	31,998	120,369	90,166
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	17,843	13,019	46,578	41,000
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	30,165	18,979	73,791	49,166
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	88,933	148,697	238,722	396,947
Residential [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,035,063	855,586	2,021,085	1,822,441
Residential [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	199,209	171,103	426,995	408,284
Residential [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	400,915	340,643	754,483	676,403
Residential [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	143,705	117,461	296,643	265,097
Residential [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	80,484	60,186	139,141	126,613
Residential [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	210,750	166,193	403,823	346,044
Commercial [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	715,665	628,703	1,350,290	1,201,380
Commercial [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	127,230	111,187	240,469	217,603
Commercial [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	290,063	262,351	547,653	487,000
Commercial [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	118,278	101,644	228,939	199,580
Commercial [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	58,801	51,092	104,373	98,891
Commercial [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	121,293	102,429	228,856	198,306
Industrial [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	878,194	756,959	1,621,828	1,354,610
Industrial [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	135,809	114,284	245,483	217,696
Industrial [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	536,229	475,185	988,182	822,194
Industrial [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	43,738	36,545	82,895	70,524
Industrial [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	9,216	8,028	15,490	14,817
Industrial [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	153,202	122,917	289,778	229,379
Governmental [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	67,101	61,612	124,395	118,409
Governmental [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	5,137	4,536	9,598	8,791
Governmental [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	21,841	21,547	40,857	40,163
Governmental [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	12,611	10,873	24,612	21,416
Governmental [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	20,179	18,312	35,211	34,692
Governmental [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	7,333	6,344	14,117	13,347
Billed Retail [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,696,023	2,302,860	5,117,598	4,496,840
Billed Retail [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	467,385	401,110	922,545	852,374
Billed Retail [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,249,048	1,099,726	2,331,175	2,025,760
Billed Retail [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	318,332	266,523	633,089	556,617
Billed Retail [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	168,680	137,618	294,215	275,013
Billed Retail [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	492,578	397,883	936,574	787,076
Sales for Resale [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	249,035	119,130	377,994	324,205
Sales for Resale [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	156,754	69,750	227,167	179,834
Sales for Resale [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	123,231	74,343	230,932	154,771
Sales for Resale [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	43,524	44,050	65,165	84,360
Sales for Resale [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	36,825	12,810	63,365	17,506
Sales for Resale [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	18,133	19,542	35,778	93,615
Non-Customer [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	10,846	32,307	22,208	91,410
Non-Customer [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,980	6,205	4,791	8,661
Non-Customer [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	5,816	24,765	11,743	54,057
Non-Customer [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,278	2,077	4,572	4,341
Non-Customer [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,136	(177)	2,314	239
Non-Customer [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(379)	(568)	(988)	(1,143)
Non-Customer [Member] | Competitive Businesses [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,223	2,017	6,188	18,153
Other Electric [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	302,351	187,078	396,231	267,339
Other Electric [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	70,820	73,209	101,392	92,791
Other Electric [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	119,847	55,745	161,329	99,654
Other Electric [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	41,325	36,390	51,662	40,341
Other Electric [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	17,443	9,510	18,836	6,151
Other Electric [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	54,259	13,577	65,709	31,106
Revenues from customers [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	3,247,409	2,609,068	5,891,823	5,088,384
Revenues from customers [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	694,959	544,069	1,251,104	1,124,999
Revenues from customers [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,492,126	1,229,814	2,723,436	2,280,185
Revenues from customers [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	403,181	346,963	749,916	681,318
Revenues from customers [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	222,948	159,938	376,416	298,670
Revenues from customers [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	564,970	431,002	1,038,061	911,797
Competitive Business Sales [Member] | Competitive Businesses [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 87,710	$ 146,680	$ 232,534	$ 378,794

Revenue Recognition (Allowance

Revenue Recognition (Allowance for Doubtful Accounts) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	$ 25.6	$ 109.1	$ 68.6	$ 117.7
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	11	25.9
Accounts Receivable, Allowance for Credit Loss, Writeoff	(75.5)	(39.5)
Accounts Receivable, Allowance for Credit Loss, Recovery	21.5	5
Incremental bad debt expenses resulting from the COVID-19 pandemic deferred as regulatory assets	(8.9)	8.7
Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	6.2	22.4	13.1	18.3
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	8.2	5.5
Accounts Receivable, Allowance for Credit Loss, Writeoff	(21.8)	(2.8)
Accounts Receivable, Allowance for Credit Loss, Recovery	6.7	1.4
Incremental bad debt expenses resulting from the COVID-19 pandemic deferred as regulatory assets	3.9	0.8
Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	7.7	39.8	29.2	45.7
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	0.4	11.7
Accounts Receivable, Allowance for Credit Loss, Writeoff	(29.8)	(19.5)
Accounts Receivable, Allowance for Credit Loss, Recovery	7.9	1.9
Incremental bad debt expenses resulting from the COVID-19 pandemic deferred as regulatory assets	(8.5)	5.9
Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	2.2	13.6	7.2	19.5
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	0.2	1.7
Accounts Receivable, Allowance for Credit Loss, Writeoff	(7.4)	(8.8)
Accounts Receivable, Allowance for Credit Loss, Recovery	2.2	1.2
Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	6.9	21.1	13.3	17.4
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	0.9	4.6
Accounts Receivable, Allowance for Credit Loss, Writeoff	(10.4)	(1.1)
Accounts Receivable, Allowance for Credit Loss, Recovery	3.1	0.2
Incremental bad debt expenses resulting from the COVID-19 pandemic deferred as regulatory assets	(3)	0.7
Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	2.6	12.2	$ 5.8	$ 16.8
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	1.3	2.4
Accounts Receivable, Allowance for Credit Loss, Writeoff	(6.1)	(7.3)
Accounts Receivable, Allowance for Credit Loss, Recovery	1.6	0.3
Incremental bad debt expenses resulting from the COVID-19 pandemic deferred as regulatory assets	$ (1.3)	$ 1.3

Business Combinations and Ass_2

Business Combinations and Asset Acquisitions (Details)	1 Months Ended				3 Months Ended	6 Months Ended
	Jun. 30, 2022 USD ($)	May 31, 2022 USD ($) MW	Apr. 30, 2020 USD ($)	Jul. 31, 2018	Jun. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 28, 2022 USD ($)	Dec. 31, 2021 USD ($)
Business Combination and Asset Acquisition [Abstract]
Payments to Acquire Productive Assets						$ 105,149,000	$ 36,534,000
Public Utilities, Property, Plant and Equipment, Net	$ 41,213,697,000				$ 41,213,697,000	41,213,697,000			$ 42,244,160,000
Business Acquisition [Line Items]
Public Utilities, Property, Plant and Equipment, Net	41,213,697,000				41,213,697,000	41,213,697,000			42,244,160,000
Entergy Mississippi [Member]
Business Combination and Asset Acquisition [Abstract]
Payments to Acquire Productive Assets						105,149,000	$ 0
Public Utilities, Property, Plant and Equipment, Net	4,786,175,000				4,786,175,000	4,786,175,000			4,580,971,000
Business Acquisition [Line Items]
Public Utilities, Property, Plant and Equipment, Net	4,786,175,000				4,786,175,000	4,786,175,000			$ 4,580,971,000
Sunflower Solar facility | Entergy Mississippi [Member]
Business Combination and Asset Acquisition [Abstract]
Capacity Of Power Plant Unit | MW		100
Conditional cap on level of recoverable costs			$ 136,000,000
Business Acquisition [Line Items]
Conditional cap on level of recoverable costs			$ 136,000,000
Capacity Of Power Plant Unit | MW		100
Sunflower Solar facility | Entergy Mississippi [Member] | MS Sunflower Partnership, LLC
Business Combination and Asset Acquisition [Abstract]
Payments to Acquire Productive Assets; Initial Payment		$ 105,000,000
Business Acquisition [Line Items]
Payments to Acquire Productive Assets; Initial Payment		$ 105,000,000
Palisades [Member] | Entergy Wholesale Commodities [Member]
Business Combination and Asset Acquisition [Abstract]
Percentage of Undivided Ownership Interest				100%
Proceeds from Divestiture of Businesses	1,000
Gain (Loss) on Disposition of Assets	166,000,000				166,000,000	166,000,000
Gain (Loss) on Disposition of Assets (Net-Of-Tax)	130,000,000
Decommissioning Fund Investments, Fair Value								$ 552,000,000
Asset Retirement Obligation								708,000,000
Public Utilities, Property, Plant and Equipment, Net								0
Business Acquisition [Line Items]
Proceeds from Divestiture of Businesses	1,000
Gain (Loss) on Disposition of Assets	166,000,000				$ 166,000,000	$ 166,000,000
Decommissioning Fund Investments, Fair Value								552,000,000
Public Utilities, Property, Plant and Equipment, Net								0
Percentage of Undivided Ownership Interest				100%
Gain (Loss) on Disposition of Assets (Net-Of-Tax)	$ 130,000,000
Asset Retirement Obligation								$ 708,000,000

Uncategorized Items - etr-20220

Label	Element	Value
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 1,759,099,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	442,559,000
Entergy Texas [Member]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	28,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	248,596,000
Entergy Louisiana [Member]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	18,573,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	728,020,000
System Energy [Member]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	89,201,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	242,469,000
Entergy Arkansas [Member]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	192,128,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	12,915,000
Entergy New Orleans [Member]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	26,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	42,862,000
Entergy Mississippi [Member]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	18,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 47,627,000