Entergy (ETR) 10-Q/A 4 Sep 09 2009 Q2 Quarterly report (amended) Financial data

1000 - CONSOLIDATED STATEMENTS

1000 - CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data	3 Months Ended Jun. 30, 2009	3 Months Ended Jun. 30, 2008	6 Months Ended Jun. 30, 2009	6 Months Ended Jun. 30, 2008 Unaudited
OPERATING REVENUES
Electric	$1,918,446	$2,524,222	$3,945,363	$4,570,449
Natural gas	28,834	53,985	102,884	143,380
Competitive businesses	573,509	686,064	1,261,654	1,415,176
TOTAL	2,520,789	3,264,271	5,309,901	6,129,005
OPERATING EXPENSES
Fuel, fuel-related expenses, and gas purchased for resale	521,071	726,836	1,367,060	1,267,337
Purchased power	322,919	748,203	646,174	1,368,845
Nuclear refueling outage expenses	60,234	55,840	117,013	107,098
Other operation and maintenance	696,345	710,309	1,341,389	1,321,577
Decommissioning	49,307	46,816	98,050	92,812
Taxes other than income taxes	122,401	125,942	256,798	234,513
Depreciation and amortization	260,689	247,977	518,541	492,962
Other regulatory charges (credits) - net	13,327	34,239	(16,147)	69,519
TOTAL	2,046,293	2,696,162	4,328,878	4,954,663
OPERATING INCOME	474,496	568,109	981,023	1,174,342
OTHER INCOME
Allowance for equity funds used during construction	15,782	9,085	32,730	18,371
Interest and dividend income	58,892	47,803	105,278	105,740
Other than temporary impairment losses	(69,203)	(24,404)	(84,939)	(28,060)
Equity in earnings (loss) of unconsolidated equity affiliates	1,369	(2,572)	(1,758)	(3,501)
Miscellaneous - net	(14,723)	3,916	(24,895)	(7,640)
TOTAL	(7,883)	33,828	26,416	84,910
INTEREST AND OTHER CHARGES
Interest on long-term debt	125,157	119,903	253,123	243,047
Other interest - net	27,487	28,030	46,780	60,567
Allowance for borrowed funds used during construction	(8,483)	(4,937)	(18,294)	(10,053)
TOTAL	144,161	142,996	281,609	293,561
INCOME BEFORE INCOME TAXES	322,452	458,941	725,830	965,691
Income taxes	90,641	183,012	253,686	376,015
CONSOLIDATED NET INCOME	231,811	275,929	472,144	589,676
Preferred dividend requirements of subsidiaries	4,998	4,975	9,996	9,973
NET INCOME ATTRIBUTABLE TO ENTERGY CORPORATION	$226,813	$270,954	$462,148	$579,703
Earnings per average common share
Basic	1.16	1.42	2.38	3.02
Diluted	1.14	1.37	2.35	2.93
Dividends declared per common share	0.75	0.75	1.5	1.5
Basic average number of common shares outstanding	196,105,002	191,326,928	194,359,001	191,983,266
Diluted average number of common shares outstanding	198,243,169	197,864,459	198,150,768	198,101,863

2000 - CONSOLIDATED STATEMENTS

2000 - CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands	6 Months Ended Jun. 30, 2009	6 Months Ended Jun. 30, 2008 Unaudited
OPERATING ACTIVITIES
Consolidated net income	$472,144	$589,676
Consolidated net income Adjustments to reconcile consolidated net income to net cash flow
Reserve for regulatory adjustments	(1,630)	(2,808)
Other regulatory charges (credits) - net	(16,147)	69,519
Depreciation, amortization, and decommissioning	616,591	585,774
Deferred income taxes, investment tax credits, and non-current taxes accrued	249,448	365,337
Equity in losses of unconsolidated equity affiliates - net of dividends	1,758	3,501
Changes in working capital:
Receivables	1,888	(216,810)
Fuel inventory	(3,963)	(12,257)
Accounts payable	(58,177)	357,503
Taxes accrued	5,193	0
Interest accrued	(37,043)	(48,799)
Deferred fuel	266,062	(555,444)
Other working capital accounts	(157,092)	(218,001)
Provision for estimated losses and reserves	(18,642)	10,680
Changes in other regulatory assets	(455,577)	39,964
Other	151,536	(54,266)
Net cash flow provided by operating activities	1,016,349	913,569
INVESTING ACTIVITIES
Construction/capital expenditures	(932,056)	(778,818)
Allowance for equity funds used during construction	32,730	18,371
Nuclear fuel purchases	(149,568)	(217,487)
Proceeds from sale/leaseback of nuclear fuel	21,210	152,353
Proceeds from sale of assets and businesses	8,654	30,725
Payment for purchase of plant	0	(56,409)
Insurance proceeds received for property damages	0	63,088
Changes in transition charge account	2,962	9,171
NYPA value sharing payment	(72,000)	(72,000)
Increase (decrease) in other investments	17,111	(95,166)
Proceeds from nuclear decommissioning trust fund sales	1,282,206	748,181
Investment in nuclear decommissioning trust funds	(1,330,730)	(809,653)
Net cash flow used in investing activities	(1,119,481)	(1,007,644)
Proceeds from the issuance of:
Long-term debt	783,304	1,800,543
Common stock and treasury stock	2,691	27,862
Retirement of long-term debt	(1,022,790)	(1,383,393)
Repurchase of common stock	0	(369,612)
Changes in credit line borrowings - net	0	150,000
Dividends paid:
Common stock	(289,159)	(288,172)
Preferred stock	(9,995)	(10,030)
Net cash flow used in financing activities	(535,949)	(72,802)
Effect of exchange rates on cash and cash equivalents	(503)	(430)
Net decrease in cash and cash equivalents	(639,584)	(167,307)
Cash and cash equivalents at beginning of period	1,920,491
Cash and cash equivalents at end of period	1,280,907	1,086,421
Cash paid (received) during the period for:
Interest - net of amount capitalized	321,186	340,077
Income taxes	(3,139)	127,856
Noncash financing activities:
Long-term debt retired (equity unit notes)	(500,000)	0
Common stock issued in settlement of equity unit purchase contracts	$500,000	$0

3000 - CONSOLIDATED BALANCE SHE

3000 - CONSOLIDATED BALANCE SHEETS (USD $)
	6 Months Ended Jun. 30, 2009	12 Months Ended Dec. 31, 2008
Cash and cash equivalents:
Cash	$75,261,000	$115,876,000
Temporary cash investments	1,205,646,000	1,804,615,000
Total cash and cash equivalents	1,280,907,000	1,920,491,000
Securitization recovery trust account	9,100,000	12,062,000
Accounts receivable:
Customer	566,540,000	734,204,000
Allowance for doubtful accounts	(31,220,000)	(25,610,000)
Other	206,245,000	206,627,000
Accrued unbilled revenues	353,819,000	282,914,000
Total accounts receivable	1,095,384,000	1,198,135,000
Deferred fuel costs	24,736,000	167,092,000
Accumulated deferred income taxes	69,139,000	7,307,000
Fuel inventory - at average cost	220,108,000	216,145,000
Materials and supplies - at average cost	799,180,000	776,170,000
Deferred nuclear refueling outage costs	245,336,000	221,803,000
System agreement cost equalization	334,286,000	394,000,000
Prepayments and other	351,890,000	247,184,000
TOTAL	4,430,066,000	5,160,389,000
OTHER PROPERTY AND INVESTMENTS
Investment in affiliates - at equity	67,775,000	66,247,000
Decommissioning trust funds	2,894,147,000	2,832,243,000
Non-utility property - at cost (less accumulated depreciation)	239,028,000	231,115,000
Other	113,193,000	107,939,000
TOTAL	3,314,143,000	3,237,544,000
PROPERTY, PLANT AND EQUIPMENT
Electric	35,530,870,000	34,495,406,000
Property under capital lease	744,794,000	745,504,000
Natural gas	307,232,000	303,769,000
Construction work in progress	1,566,268,000	1,712,761,000
Nuclear fuel under capital lease	424,076,000	465,374,000
Nuclear fuel	671,209,000	636,813,000
TOTAL PROPERTY, PLANT AND EQUIPMENT	39,244,449,000	38,359,627,000
Less - accumulated depreciation and amortization	16,425,279,000	15,930,513,000
PROPERTY, PLANT AND EQUIPMENT - NET	22,819,170,000	22,429,114,000
Regulatory assets:
SFAS 109 regulatory asset - net	622,227,000	581,719,000
Other regulatory assets	3,666,893,000	3,615,104,000
Deferred fuel costs	172,202,000	168,122,000
Goodwill	377,172,000	377,172,000
Other	1,083,347,000	1,047,654,000
TOTAL	5,921,841,000	5,789,771,000
TOTAL ASSETS	36,485,220,000	36,616,818,000
CURRENT LIABILITIES
Currently maturing long-term debt	(805,684,000)	(544,460,000)
Notes payable	(55,034,000)	(55,034,000)
Accounts payable	(949,758,000)	(1,475,745,000)
Customer deposits	(318,115,000)	(302,303,000)
Taxes accrued	(80,403,000)	(75,210,000)
Interest accrued	(150,267,000)	(187,310,000)
Deferred fuel costs	(311,325,000)	(183,539,000)
Obligations under capital leases	(164,702,000)	(162,393,000)
Pension and other postretirement liabilities	(38,849,000)	(46,288,000)
System agreement cost equalization	(418,640,000)	(460,315,000)
Other	(208,442,000)	(273,297,000)
TOTAL	(3,501,219,000)	(3,765,894,000)
NON-CURRENT LIABILITIES
Accumulated deferred income taxes and taxes accrued	(6,955,214,000)	(6,565,770,000)
Accumulated deferred investment tax credits	(316,982,000)	(325,570,000)
Obligations under capital leases	(300,025,000)	(343,093,000)
Other regulatory liabilities	(360,492,000)	(280,643,000)
Decommissioning and asset retirement cost liabilities	(2,761,435,000)	(2,677,495,000)
Accumulated provisions	(129,603,000)	(147,452,000)
Pension and other postretirement liabilities	(2,140,471,000)	(2,177,993,000)
Long-term debt	(10,184,849,000)	(11,174,289,000)
Other	(757,406,000)	(880,998,000)
TOTAL	(23,906,477,000)	(24,573,303,000)
Commitments and Contingencies	-	-
Subsidiaries' preferred stock without sinking fund	(217,050,000)	(217,029,000)
Common Shareholders' Equity:
Common stock, $.01 par value, authorized 500,000,000 shares; issued 254,772,087 shares in 2009 and 248,174,087 shares in 2008	(2,548,000)	(2,482,000)
Paid-in capital	(5,375,265,000)	(4,869,303,000)
Retained earnings	(7,562,587,000)	(7,382,719,000)
Accumulated other comprehensive loss	10,614,000	112,698,000
Less - treasury stock, at cost (58,649,184 shares in 2009 and 58,815,518 shares in 2008)	(4,163,312,000)	(4,175,214,000)
Total common shareholders' equity	(8,766,474,000)	(7,966,592,000)
Subsidiaries' preferred stock without sinking fund	(94,000,000)	(94,000,000)
TOTAL	(8,860,474,000)	(8,060,592,000)
TOTAL LIABILITIES AND EQUITY	($36,485,220,000)	($36,616,818,000)

3100 - PARENTHETICAL DATA FOR C

3100 - PARENTHETICAL DATA FOR CONSOLIDATED BALANCE SHEETS (USD $)
	Jun. 30, 2009	Dec. 31, 2008
EQUITY
Common stock, par value	0.01	0.01
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	254,772,087	248,174,087
Treasury stock, shares	58,649,184	58,815,518

4000 - CONSOLIDATED STATEMENTS

4000 - CONSOLIDATED STATEMENTS OF RETAINED EARNINGS, COMPREHENSIVE INCOME, AND PAID IN CAPITAL (USD $)
In Thousands	3 Months Ended Jun. 30, 2009	3 Months Ended Jun. 30, 2008	6 Months Ended Jun. 30, 2009	Apr. 01, 2009	Dec. 31, 2008	Apr. 01, 2008	Dec. 31, 2007	6 Months Ended Jun. 30, 2008 Unaudited
Balance, Beginning of period	($58,466)	($207,149)	($112,698)
Net income attributable to Entergy Corporation	226,813	270,954	462,148					579,703
Add: preferred dividend requirements of subsidiaries	4,998	4,975
Comprehensive Income (Loss)	279,663	(27,880)
Balance, End of period	(10,614)		(10,614)	(58,466)	(112,698)	(207,149)	8,320	(510,958)
Retained Earnings [Member]
Balance, Beginning of period			7,382,719
Net income attributable to Entergy Corporation	226,813		270,954		462,148
Dividends declared on common stock	146,555		143,669		288,645
Adjustment related to FSP FAS 115-2 implementation			6,365
Total after additions			468,513
Balance, End of period	7,562,587	6,900,345	7,562,587		7,382,719		6,735,965
Retained Earnings [Member] | Unaudited
Net income attributable to Entergy Corporation								579,703
Dividends declared on common stock								288,038
Adjustment related to FSP FAS 115-2 implementation								0
Total after additions								579,703
Balance, End of period								7,027,630
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Balance, Beginning of period			120,830
Net derivative instrument fair value changes arising during the period	(23,728)		(285,280)		63,986
Balance, End of period	184,816	(191,306)	184,816		120,830		(12,540)
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Unaudited
Net derivative instrument fair value changes arising during the period								(464,046)
Balance, End of period								(476,586)
Accumulated Defined Benefit Plans Adjustment [Member]
Balance, Beginning of period			(232,232)
Pension and other postretirement liabilities	(41)		2,247		(898)
Balance, End of period	(233,130)	(111,281)	(233,130)		(232,232)		(107,145)
Accumulated Defined Benefit Plans Adjustment [Member] | Unaudited
Pension and other postretirement liabilities								(1,889)
Balance, End of period								(109,034)
Accumulated Net Unrealized Investment Gain (Loss) [Member]
Balance, Beginning of period			(4,402)
Adjustment related to FSP FAS 115-2 implementation			(6,365)
Net unrealized investment gains (losses)	70,275		(21,223)		44,858
Balance, End of period	34,091	89,061	34,091		(4,402)		121,611
Accumulated Net Unrealized Investment Gain (Loss) [Member] | Unaudited
Adjustment related to FSP FAS 115-2 implementation								0
Net unrealized investment gains (losses)								(53,773)
Balance, End of period								67,838
Accumulated Translation Adjustment [Member]
Balance, Beginning of period			3,106
Foreign currency translation	1,346		447		503
Balance, End of period	3,609	6,377	3,609		3,106		6,394
Accumulated Translation Adjustment [Member] | Unaudited
Foreign currency translation								430
Balance, End of period								6,824
Additional Paid-in Capital [Member]
Balance, Beginning of period			4,869,303
Common stock issuances in settlement of equity unit purchase contracts			499,934
Common stock issuances related to stock plans	4,819		6,644		6,028
Total	4,819		6,644		505,962
Balance, End of period	5,375,265	4,853,837	5,375,265		4,869,303		4,850,769
Additional Paid-in Capital [Member] | Unaudited
Common stock issuances in settlement of equity unit purchase contracts								0
Common stock issuances related to stock plans								9,712
Total								9,712
Balance, End of period								4,860,481
Comprehensive Income [Member]
Net income attributable to Entergy Corporation	226,813	270,954	462,148
Adjustment related to FSP FAS 115-2 implementation			0
Net derivative instrument fair value changes arising during the period	(23,728)	(285,280)	63,986
Pension and other postretirement liabilities	(41)	2,247	(898)
Net unrealized investment gains (losses)	70,275	(21,223)	44,858
Foreign currency translation	1,346	447	503
Add: preferred dividend requirements of subsidiaries	4,998	4,975	9,996
Comprehensive Income (Loss)	279,663	(27,880)	580,593
Comprehensive Income [Member] | Unaudited
Net income attributable to Entergy Corporation								579,703
Adjustment related to FSP FAS 115-2 implementation								0
Net derivative instrument fair value changes arising during the period								(464,046)
Pension and other postretirement liabilities								(1,889)
Net unrealized investment gains (losses)								(53,773)
Foreign currency translation								430
Add: preferred dividend requirements of subsidiaries								9,973
Comprehensive Income (Loss)								$70,398

4100 - PARENTHETICAL DATA FOR C

4100 - PARENTHETICAL DATA FOR CONSOLIDATED STATEMENTS OF RETAINED EARNINGS, COMPREHENSIVE INCOME, AND PAID IN CAPITAL (USD $)
In Thousands	3 Months Ended Jun. 30, 2009	3 Months Ended Jun. 30, 2008	6 Months Ended Jun. 30, 2009	6 Months Ended Jun. 30, 2008 Unaudited
Other Comprehensive Income, Derivatives Qualifying as Hedges, Tax Effect	($14,567)	($160,474)	$42,619	($259,574)
Other Comprehensive Income, Defined Benefit Plans, Tax	(493)	348	(628)	4,325
Other Comprehensive Income, Available-for-sale Securities, Tax	74,927	(7,901)	38,950	(34,531)
Other Comprehensive Income, Foreign Currency Translation Adjustment, Tax	725	241	271	232
Income Tax Effects Allocated Directly to Equity, Cumulative Effect of Change in Accounting Principle	$0	$0	($4,921)	$0

6000 - COMMITMENTS AND CONTINGE

6000 - COMMITMENTS AND CONTINGENCIES
	6 Months Ended Jun. 30, 2009 USD / shares
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	NOTE 1. COMMITMENTS AND CONTINGENCIES Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict 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. 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. 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. Conventional 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 Litigation The Registrant Subsidiaries and other Entergy subsidiaries are responding to various lawsuits in both state and federal courts and to other labor-related proceedings filed by current and former employees and third parties not selected for open positions. These actions include, but are not limited to, allegations of wrongful employment actions; wage disputes and other claims under the Fair Labor Standards Act or its state counterparts; claims of race, gender and disability discrimination; disputes arising under collective bargaining agreements; unfair labor practice proceedings and other administrative proceedings before the National Labor Relations Board; claims of retaliation; and claims for or regarding benefits under various Entergy Corporation sponsored plans. Entergy and the Registrant Subsidiaries are responding to these suits and proceedings and deny liability to the claimants. Asbestos Litigation (Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation at Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas. Subsequent Events Entergy evaluated events of which its management was aware subsequent to June 30, 2009, through the date that this quarterly report was issued, August 7, 2009.

6010 - RATE AND REGULATORY MATT

6010 - RATE AND REGULATORY MATTERS
	6 Months Ended Jun. 30, 2009 USD / shares
RATE AND REGULATORY MATTERS
RATE AND REGULATORY MATTERS	NOTE 2. RATE AND REGULATORY MATTERS Regulatory Assets See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets in the Utility business reflected on the balance sheets of Entergy and the Registrant Subsidiaries. Following are updates to that discussion. Fuel and purchased power cost recovery See Note 2 to the financial statements in the Form 10-K for information regarding fuel proceedings involving the Utility operating companies. Following are updates to that information. Entergy Arkansas Energy Cost Recovery Rider In March 2009, Entergy Arkansas filed with the APSC its annual energy cost rate for the period April 2009 through March 2010. The filed energy cost rate decreased from $0.02456/kWh to $0.01552/kWh. The decrease was caused by the following: 1) all three of the nuclear power plants from which Entergy Arkansas obtains power, ANO 1 and 2 and Grand Gulf, had refueling outages in 2008, and the previous energy cost rate had been adjusted to account for the replacement power costs that would be incurred while these units were down; 2) Entergy Arkansas has a deferred fuel cost liability from over-recovered fuel costs at December 31, 2008, as compared to a deferred fuel cost asset from under-recovered fuel costs at December 31, 2007; offset by 3) an increase in the fuel and purchased power prices included in the calculation. Entergy Mississippi On June 30, 2009, the MPSC issued an order stating that it may hire an independent audit firm to audit Entergy Mississippi's fuel adjustment clause or other mechanism directly related to the purchase of fuel or energy for the period October 2007 through September 2009. Entergy Texas In January 2008, Entergy Texas made a compliance filing with the PUCT describing how its 2007 Rough Production Cost Equalization receipts under the System Agreement were allocated between Entergy Gulf States, Inc.'s Texas and Louisiana jurisdictions. A hearing was held at the end of July 2008, and in October 2008 the ALJ issued a proposal for decision recommending an additional $18.6 million allocation to Texas retail customers. The PUCT adopted the ALJ's proposal for decision in December 2008. Because the PUCT allocation to Texas retail customers is inconsistent with the LPSC allocation to Louisiana retail customers, adoption of the proposal for decision by the PUCT could result in trapped costs between the Texas and Louisiana jurisdictions with no mechanism for recovery. The PUCT denied Entergy Texas' motion for rehearing and Entergy Texas commenced proceedings in both state and federal district courts seeking to reverse the PUCT's decision. On May 12, 2009, certain defendants, in their official capacities as Commissioners of the PUCT, filed a motion to dismiss Entergy Texas' pending complaint before the U.S. District Court for the Western District of Texas. The federal proceeding, including a ruling on the motion to dismiss, has been abated pending further action by the FERC in the proceeding discussed below. Entergy Texas also filed with the FERC a proposed amendment to the System Agreement bandwidth formula to specifically calculate the payments to Entergy Gulf States Louisia

6020 - EQUITY

6020 - EQUITY
	6 Months Ended Jun. 30, 2009 USD / shares
EQUITY
EQUITY	NOTE 3. EQUITY Common Stock Common Stock Issuances In February 2009, Entergy Corporation was unable to remarket successfully $500 million of notes associated with its equity units. The note holders therefore put the notes to Entergy, Entergy retired the notes, and Entergy issued 6,598,000 shares of common stock to the note holders. Earnings per Share The following tables present Entergy's basic and diluted earnings per share calculations included on the consolidated income statement: For the Three Months Ended June 30,20092008(In Millions, Except Per Share Data)Basic earnings per shareIncomeShares$/shareIncomeShares$/shareNet income attributable to Entergy Corporation$226.8196.1$1.16 $271.0191.3$1.42 Average dilutive effect of:Stock options - 2.1(0.012) - 5.0(0.036)Equity units - - - - 1.6(0.011)Diluted earnings per share$226.8198.2$1.14 $271.0197.9$1.37 For the Six Months Ended June 30, 20092008 (In Millions, Except Per Share Data)Basic earnings per shareIncomeShares$/shareIncomeShares$/shareNet income attributable to Entergy Corporation$462.1194.4$2.38 $579.7192.0$3.02 Average dilutive effect of:Stock options - 2.1(0.025) - 4.8(0.073)Equity units$3.21.7(0.005) - 1.3(0.021)Deferred units - - - - (0.001)Diluted earnings per share$465.3198.2$2.35 $579.7198.1$2.93 Entergy's stock option and other equity compensation plans are discussed in Note 12 to the financial statements in the Form 10-K.Treasury Stock During the six months ended June 30, 2009, Entergy Corporation issued 166,334 shares of its previously repurchased common stock to satisfy stock option exercises and other stock-based awards. Retained Earnings On July 31, 2009, Entergy Corporation's Board of Directors declared a common stock dividend of $0.75 per share, payable on September 1, 2009 to holders of record as of August 12, 2009. Presentation of Non-Controlling Interests In 2007, the FASB issued SFAS 160, "Non-Controlling Interests in Consolidated Financial Statements, an amendment of ARB No. 51," which requires generally that the ownership interests in subsidiaries held by parties other than the parent (non-controlling interests) be clearly identified, labeled, and presented in the consolidated balance sheet within equity, but separate from the parent's equity, and that the amount of consolidated net income attributable to the parent and to the non-controlling interests be clearly identified and presented on the face of the consolidated income statement. SFAS 160 became effective for Entergy in the first quarter of 2009 and applies to preferred securities issued by Entergy subsidiaries to third parties. Presentation of Preferred Stock without Sinking Fund In connection with the adoption of SFAS 160 Entergy evaluated the requirements of EITF Topic No. 98, Classification and Measurement of Redeemable Securities (Topic D-98). Topic D-98 requires the classification of securities between liabilities and shareholders' equity if the holders of those securities have protective rights that allow them to gain control of the board of directors in certain circumstances. These rights would have the effect of giving the holders the ability to potentially redeem their securities, even if the lik

6030 - LINES OF CREDIT, RELATED

6030 - LINES OF CREDIT, RELATED SHORT TERM BORROWINGS, AND LONG TERM DEBT
	6 Months Ended Jun. 30, 2009 USD / shares
LINES OF CREDIT, RELATED SHORT-TERM BORROWINGS, AND LONG-TERM DEBT
LINES OF CREDIT, RELATED SHORT-TERM BORROWINGS, AND LONG-TERM DEBT	NOTE 4. LINES OF CREDIT, RELATED SHORT-TERM BORROWINGS, AND LONG-TERM DEBT Entergy Corporation has in place a credit facility that expires in August 2012 and has a borrowing capacity of $3.5 billion. Entergy Corporation also has the ability to issue letters of credit against the total borrowing capacity of the credit facility. The facility fee is currently 0.09% of the commitment amount. Facility 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 as of June 30, 2009 was 1.597% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of June 30, 2009. Capacity BorrowingsLetters of CreditCapacity Available (In Millions)$3,500 $2,435$28 $1,037 Entergy Corporation's facility requires it to maintain a consolidated debt ratio 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 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 facility maturity date may occur. Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, and Entergy Texas each had credit facilities available as of June 30, 2009 as follows: Company Expiration Date Amount of Facility Interest Rate (a)Amount Drawn as of June 30, 2009 Entergy Arkansas April 2010 $88 million (b) 5.0%-Entergy Gulf States LouisianaAugust 2012$100 million (c)0.785%-Entergy LouisianaAugust 2012$200 million (d)0.72%-Entergy Mississippi May 2010 $35 million (e) 2.06%-Entergy MississippiMay 2010$25 million (e)2.06%-Entergy Texas August 2012 $100 million (f) 0.785%- (a)The interest rate is the weighted average interest rate as of June 30, 2009 that would be applied to the outstanding borrowings under the facility.(b)The credit facility requires Entergy Arkansas to maintain a debt ratio of 65% or less of its total capitalization and contains an interest rate floor of 5%. Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable.(c)The credit facility allows Entergy Gulf States Louisiana to issue letters of credit against the borrowing capacity of the facility. As of June 30, 2009, no letters of credit were outstanding. The credit facility requires Entergy Gulf States Louisiana to maintain a consolidated debt ratio of 65% or less of its total capitalization. Pursuant to the terms of the credit agreement, the amount of debt assumed by Entergy Texas ($699 million as of June 30, 2009 and $770 million as of December 31, 2008) is excluded from debt and capitalization in calculating the debt ratio.(d)The credit facility allows Entergy Louisiana to issue letters of credit against the borrowing capacity of the facility. As of June 30, 2009, no letters of credit were outstanding. The credit facility requires Entergy Louisiana to maintain a consolidated debt ratio of 65% or less of its total capitalization.(e)Borrowings under th

6040 - STOCK BASED COMPENSATION

6040 - STOCK BASED COMPENSATION
	6 Months Ended Jun. 30, 2009 USD / shares
STOCK-BASED COMPENSATION
STOCK-BASED COMPENSATION	NOTE 5. STOCK-BASED COMPENSATION Entergy grants stock options, 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. The following table includes financial information for stock options for the second quarter and six months ended June 30 for each of the years presented:20092008(In Millions)Compensation expense included in Entergy's Net Income for the second quarter$4.2$4.7Tax benefit recognized in Entergy's Net Income for the second quarter$1.6$1.8Compensation expense included in Entergy's Net Income for the six months ended June 30,$8.5$9.1Tax benefit recognized in Entergy's Net Income for the six months ended June 30,$3.3$3.5Compensation cost capitalized as part of fixed assets and inventory as of June 30,$1.6$1.7 Entergy granted 1,084,800 stock options during the first quarter 2009 with a weighted-average fair value of $12.47. At June 30, 2009, there were 12,028,511 stock options outstanding with a weighted-average exercise price of $67.65. The aggregate intrinsic value of the stock options outstanding at June 30, 2009 was $118.7 million.

6050 - RETIREMENT AND OTHER POS

6050 - RETIREMENT AND OTHER POSTRETIREMENT BENEFITS
	6 Months Ended Jun. 30, 2009 USD / shares
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS	NOTE 6. RETIREMENT AND OTHER POSTRETIREMENT BENEFITS Components of Net Pension Cost Entergy's qualified pension cost, including amounts capitalized, for the second quarters of 2009 and 2008, included the following components: 2009 2008 (In Thousands) Service cost - benefits earned during the period $22,412 $22,598 Interest cost on projected benefit obligation 54,543 51,646 Expected return on assets (62,305) (57,640) Amortization of prior service cost 1,249 1,266 Amortization of loss 5,600 6,482 Net pension costs $21,499 $24,352 Entergy's qualified pension cost, including amounts capitalized, for the six months ended June 30, 2009 and 2008, included the following components: 2009 2008 (In Thousands) Service cost - benefits earned during the period $44,824 $45,196 Interest cost on projected benefit obligation 109,086 103,293 Expected return on assets (124,610) (115,279) Amortization of prior service cost 2,498 2,532 Amortization of loss 11,200 13,416 Net pension costs $42,998 $49,158 The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the second quarters of 2009 and 2008, included the following components: Entergy Entergy Gulf States Entergy Entergy Entergy EntergySystem2009 Arkansas Louisiana Louisiana Mississippi New Orleans TexasEnergy(In Thousands)Service cost - benefits earned during the period $3,400 $1,748 $1,974 $995 $425 $917 $880 Interest cost on projected benefit obligation11,761 5,279 6,940 3,676 1,470 3,935 2,139 Expected return on assets (12,187) (7,516) (8,197) (4,236) (1,815) (5,185)(2,766)Amortization of prior service cost212 110 119 85 52 80 9 Amortization of loss 1,764 79 703 324 305 43 109 Net pension cost/(income) $4,950 ($300) $1,539 $844 $437 ($210)$371 Entergy Entergy Gulf States Entergy Entergy Entergy EntergySystem2008 Arkansas Louisiana Louisiana Mississippi New Orleans TexasEnergy(In Thousands)Service cost - benefits earned during the period $3,584 $1,841 $2,058 $1,063 $445 $968 $930 Interest cost on projected benefit obligation11,616 5,047 6,784 3,627 1,415 3,882 1,937 Expected return on assets (11,765) (7,165) (8,134) (4,075) (1,839) (5,047)(2,452)Amortization of prior service cost223 110 119 90 52 80 9 Amortization of loss 2,303 115 920 485 319 156 90 Net pension cost/(income) $5,961 ($52) $1,747 $1,190 $392 $39 $514 The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the six months ended June 30, 2009 and 2008, included the following components: Entergy Entergy Gulf States Entergy Entergy Entergy EntergySystem2009 Arkansas Louisiana Louisiana Mississippi New Orleans TexasEnergy(In Thousands)Service cost - benefits earned during the period $6,800 $3,496 $3,948 $1,990 $850 $1,834 $1,760 Interest cost on projected benefit obligation23,522 10,558 13,880 7,352 2,940 7,870 4,278 Expected return on assets (24,374) (15,032) (16,394) (8,472) (3,630) (10,370)(5,532)Amortization of prior service cost424 220 238 170 104 160 18 Amortization of loss 3,528 158 1,406 648 610 86 218 Net pension cost/(income) $9,900 ($600) $3,078 $1,688 $874 ($420)$742 Entergy Entergy Gulf States Entergy Entergy Entergy EntergySystem2008 Arkansas Louisiana Louisiana Mississipp

6060 - BUSINESS SEGMENT INFORMA

6060 - BUSINESS SEGMENT INFORMATION
	6 Months Ended Jun. 30, 2009 USD / shares
BUSINESS SEGMENT INFORMATION
BUSINESS SEGMENT INFORMATION	NOTE 6. RETIREMENT AND OTHER POSTRETIREMENT BENEFITS Components of Net Pension Cost Entergy's qualified pension cost, including amounts capitalized, for the second quarters of 2009 and 2008, included the following components: 2009 2008 (In Thousands) Service cost - benefits earned during the period $22,412 $22,598 Interest cost on projected benefit obligation 54,543 51,646 Expected return on assets (62,305) (57,640) Amortization of prior service cost 1,249 1,266 Amortization of loss 5,600 6,482 Net pension costs $21,499 $24,352 Entergy's qualified pension cost, including amounts capitalized, for the six months ended June 30, 2009 and 2008, included the following components: 2009 2008 (In Thousands) Service cost - benefits earned during the period $44,824 $45,196 Interest cost on projected benefit obligation 109,086 103,293 Expected return on assets (124,610) (115,279) Amortization of prior service cost 2,498 2,532 Amortization of loss 11,200 13,416 Net pension costs $42,998 $49,158 The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the second quarters of 2009 and 2008, included the following components: Entergy Entergy Gulf States Entergy Entergy Entergy EntergySystem2009 Arkansas Louisiana Louisiana Mississippi New Orleans TexasEnergy(In Thousands)Service cost - benefits earned during the period $3,400 $1,748 $1,974 $995 $425 $917 $880 Interest cost on projected benefit obligation11,761 5,279 6,940 3,676 1,470 3,935 2,139 Expected return on assets (12,187) (7,516) (8,197) (4,236) (1,815) (5,185)(2,766)Amortization of prior service cost212 110 119 85 52 80 9 Amortization of loss 1,764 79 703 324 305 43 109 Net pension cost/(income) $4,950 ($300) $1,539 $844 $437 ($210)$371 Entergy Entergy Gulf States Entergy Entergy Entergy EntergySystem2008 Arkansas Louisiana Louisiana Mississippi New Orleans TexasEnergy(In Thousands)Service cost - benefits earned during the period $3,584 $1,841 $2,058 $1,063 $445 $968 $930 Interest cost on projected benefit obligation11,616 5,047 6,784 3,627 1,415 3,882 1,937 Expected return on assets (11,765) (7,165) (8,134) (4,075) (1,839) (5,047)(2,452)Amortization of prior service cost223 110 119 90 52 80 9 Amortization of loss 2,303 115 920 485 319 156 90 Net pension cost/(income) $5,961 ($52) $1,747 $1,190 $392 $39 $514 The Registrant Subsidiaries' qualified pension cost, including amounts capitalized, for the six months ended June 30, 2009 and 2008, included the following components: Entergy Entergy Gulf States Entergy Entergy Entergy EntergySystem2009 Arkansas Louisiana Louisiana Mississippi New Orleans TexasEnergy(In Thousands)Service cost - benefits earned during the period $6,800 $3,496 $3,948 $1,990 $850 $1,834 $1,760 Interest cost on projected benefit obligation23,522 10,558 13,880 7,352 2,940 7,870 4,278 Expected return on assets (24,374) (15,032) (16,394) (8,472) (3,630) (10,370)(5,532)Amortization of prior service cost424 220 238 170 104 160 18 Amortization of loss 3,528 158 1,406 648 610 86 218 Net pension cost/(income) $9,900 ($600) $3,078 $1,688 $874 ($420)$742 Entergy Entergy Gulf States Entergy Entergy Entergy EntergySystem2008 Arkansas Louisiana Louisiana Mississipp

6070 - RISK MANAGEMENT AND FAIR

6070 - RISK MANAGEMENT AND FAIR VALUES
	6 Months Ended Jun. 30, 2009 USD / shares
RISK MANAGEMENT AND FAIR VALUES
RISK MANAGEMENT AND FAIR VALUES	NOTE 8. RISK MANAGEMENT AND FAIR VALUES Market and Commodity Risks In the normal course of business, Entergy is exposed to a number of market and commodity 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 instrument or commodity. All financial and commodity-related instruments, including derivatives, are subject to market risk. Entergy is subject to a number of commodity and market risks, including: Type of Risk Affected Businesses Power price risk Utility, Non-Utility Nuclear, Non-nuclear wholesale assetsFuel price risk Utility, Non-Utility Nuclear, Non-nuclear wholesale assetsForeign currency exchange rate risk Utility, Non-Utility Nuclear, Non-nuclear wholesale assetsEquity price and interest rate risk - investments Utility, Non-Utility Nuclear Entergy manages a portion of these risks using derivative instruments, some of which are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sales transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include long-term power purchase and sales agreements and fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity futures, forwards, swaps, and options; foreign currency forwards; and interest rate swaps. Entergy enters into derivatives only to manage natural risks inherent in its physical or financial assets or liabilities. Entergy manages fuel price risk for its Louisiana jurisdictions (Entergy Gulf States Louisiana, Entergy Louisiana, and Entergy New Orleans) and Entergy Mississippi primarily through the purchase of short-term swaps. These swaps are marked-to-market with offsetting regulatory assets or liabilities. The notional volumes of these swaps are based on a portion of projected annual purchases of gas for electric generation and projected winter purchases for gas distribution at Entergy Gulf States Louisiana and Entergy New Orleans. 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. 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. Hedging Derivatives Effective Janua

6080 - DECOMMISSIONING TRUST FU

6080 - DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, and System Energy)
	6 Months Ended Jun. 30, 2009 USD / shares
DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, and System Energy)
DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, and System Energy)	NOTE 9. DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, and System Energy) Entergy holds debt and equity securities, classified as available-for-sale, in nuclear decommissioning trust accounts. The NRC requires Entergy to maintain trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, Grand Gulf, Pilgrim, Indian Point 1 and 2, Vermont Yankee, and Palisades (NYPA currently retains the decommissioning trusts and liabilities for Indian Point 3 and FitzPatrick). The funds are invested primarily in equity securities; fixed-rate, fixed-income securities; and cash and cash equivalents. Entergy applies the provisions of SFAS 115, "Accounting for Investments for Certain Debt and Equity Securities," in accounting for investments in decommissioning trust funds. As a result, Entergy records the 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 nonregulated portion of River Bend, Entergy Gulf States Louisiana has recorded an offsetting amount of unrealized gains/(losses) in other deferred credits/debits. Decommissioning trust funds for Pilgrim, Indian Point 1 and 2, Vermont Yankee, and Palisades do not receive regulatory treatment. Accordingly, unrealized gains recorded on the assets in these trust funds are recognized in the accumulated other comprehensive income component of common shareholders' equity because these assets are classified as available for sale. Unrealized losses (where cost exceeds fair market value) on the assets in these trust funds are also recorded in the accumulated other comprehensive income component of common shareholders' equity unless the unrealized loss is other-than-temporary and therefore recorded in earnings. Entergy records realized gains and losses on its debt and equity securities generally using the specific identification method to determine the cost basis of its securities. The securities held at June 30, 2009 and December 31, 2008 are summarized as follows: Fair Value Total Unrealized Gains Total Unrealized Losses (In Millions)2009 Equity Securities $1,487 $106 $88Debt Securities 1,407 54 12 Total $2,894 $160 $100 2008 Equity Securities $1,436 $85 $177Debt Securities 1,396 77 21 Total $2,832 $162 $198 The amortized cost of debt securities was $1,365 million and $1,340 million at June 30, 2009 and December 31, 2008, respectively. The debt securities have an average coupon rate of approximately 4.89%, an average duration of approximately 5.12 years, and an average maturity of approximately 8.4 years. 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 securities are held in funds intended to replicate the return of the Wilshire 4500 Ind

6090 - INCOME TAXES

6090 - INCOME TAXES
	6 Months Ended Jun. 30, 2009 USD / shares
INCOME TAXES
INCOME TAXES	NOTE 10. INCOME TAXES Income Tax Audits and Litigation See Note 3 to the financial statements in the Form 10-K for a discussion of tax proceedings.

6100 - NEW ACCOUNTING PRONOUNCE

6100 - NEW ACCOUNTING PRONOUNCEMENTS
	6 Months Ended Jun. 30, 2009 USD / shares
NEW ACCOUNTING PRONOUNCEMENTS
NEW ACCOUNTING PRONOUNCEMENTS	NOTE 11. NEW ACCOUNTING PRONOUNCEMENTS In December 2008 the FASB issued FSP FAS 132(R)-1 "Employers' Disclosures about Postretirement Benefit Plan Assets" (FSP 132(R)-1) which requires enhanced disclosures about plan assets of defined benefit pension and other postretirement plans including disclosure of each major category of plan assets using the fair value hierarchy and concentrations of risk within plan assets. FSP 132(R)-1 is effective for fiscal years ending after December 15, 2009. In June 2009 the FASB issued Statement of Financial Accounting Standards 167, "Amendments to FASB Interpretation No. 46R (FIN 46R)" (SFAS 167). FIN 46R is entitled "Consolidation of Variable Interest Entities". SFAS 167 amends FIN 46R to replace the quantitative-based risks and rewards calculation for determining which enterprise, if any, has a controlling financial interest in a variable interest entity with an approach focused on identifying which enterprise has the power to direct the activities of a variable interest entity that most significantly impact the entity's economic performance and (1) the obligation to absorb losses of the entity or (2) the right to receive benefits from the entity. SFAS 167 also requires additional disclosures on an interim and annual basis about an enterprise's involvement in variable interest entities. The standard will be effective for Entergy in the first quarter of 2010. Entergy does not expect the adoption of SFAS 167 to have a material effect on its financial position, results of operations, or cash flows.

Document Information

Document Information
	6 Months Ended Jun. 30, 2009 USD / shares
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	true
Amendment Description	XBRL exhibits
Document Period End Date	2009-06-30

Entity Information

Entity Information (USD $)
	6 Months Ended Jun. 30, 2009	Jul. 31, 2009	Jun. 30, 2008 Unaudited
Entity Information [Line Items]
Entity Registrant Name	Entergy Corp
Entity Central Index Key	0000065984
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$23,000,000,000
Entity Common Stock, Shares Outstanding		195,792,216