Entergy Mississippi, Inc. 1M BD 66 (EMP) 10-Q 3 Nov 22 2022 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Oct. 31, 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	Sep. 30, 2022
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Incorporation, State or Country Code	DE
Entity Address, State or Province	639 Loyola Avenue
Entity Address, City or Town	New Orleans
Entity Address, State or Province	LA
Entity Address, Postal Zip Code	70113
Entity Common Stock, Shares Outstanding		203,483,660
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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	$ 4,218,615	$ 3,353,532	$ 10,491,737	$ 9,020,440
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	1,366,811	737,785	2,685,694	1,865,016
Nuclear refueling outage expenses	39,707	43,309	119,625	130,747
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	793,145	700,595	2,249,674	2,188,498
Asset Impairment Charges	(143)	(139)	(163,464)	345,226
Decommissioning	49,263	60,364	174,171	245,205
Taxes, Other	190,056	182,347	542,448	494,960
Other Depreciation and Amortization	453,288	421,745	1,337,019	1,257,809
Other regulatory charges (credits) - net	(43,283)	68,324	689,355	45,464
Costs and Expenses	3,263,910	2,525,662	8,889,840	7,516,363
OPERATING INCOME	954,705	827,870	1,601,897	1,504,077
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	20,245	17,180	49,685	48,629
Investment Income, Net	2,966	75,112	(118,002)	289,757
Miscellaneous - net	(10,462)	(16,797)	32,720	(140,571)
TOTAL	12,749	75,495	(35,597)	197,815
INTEREST EXPENSE
Interest Expense, Debt	235,322	216,612	694,558	642,839
Allowance for borrowed funds used during construction	(7,862)	(7,112)	(18,710)	(20,088)
TOTAL	227,460	209,500	675,848	622,751
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	739,994	693,865	890,452	1,079,141
Income taxes	184,112	158,282	(109,034)	205,808
Consolidated net income	555,882	535,583	999,486	873,333
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	$ (4,707)	$ 4,580	$ 2,794	$ 13,739
Earnings per average common share:
Basic (in dollars per share)	$ 2.76	$ 2.64	$ 4.90	$ 4.28
Diluted (in dollars per share)	$ 2.74	$ 2.63	$ 4.88	$ 4.26
Basic average number of common shares outstanding (in shares)	203,445,773	200,963,049	203,259,373	200,756,267
Diluted average number of common shares outstanding (in shares)	204,578,013	202,003,329	204,357,916	201,568,508
Net Income (Loss) Available to Common Stockholders, Basic	$ 560,589	$ 531,003	$ 996,692	$ 859,594
Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	4,110,058	3,159,969	10,024,089	8,339,764
Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	46,548	31,254	166,917	121,420
Competitive Businesses [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	62,009	162,309	300,731	559,256
Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	415,066	311,332	1,255,318	943,438
Entergy Mississippi [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	459,132	420,319	1,213,620	1,105,978
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	86,145	54,505	197,093	180,315
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	82,698	72,523	223,407	214,253
Taxes, Other	37,045	25,911	102,259	78,886
Other Depreciation and Amortization	61,921	57,130	182,623	168,324
Other regulatory charges (credits) - net	(11,470)	25,810	16,290	12,309
Costs and Expenses	340,992	321,126	956,883	871,817
OPERATING INCOME	118,140	99,193	256,737	234,161
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	1,606	2,006	4,179	5,703
Investment Income, Net	136	1	234	50
Miscellaneous - net	181	(1,844)	17	(6,362)
TOTAL	1,923	163	4,430	(609)
INTEREST EXPENSE
Interest Expense, Debt	22,473	19,024	63,910	55,559
Allowance for borrowed funds used during construction	(753)	(849)	(1,876)	(2,378)
TOTAL	21,720	18,175	62,034	53,181
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	98,343	81,181	199,133	180,371
Income taxes	23,454	18,586	44,935	40,388
Consolidated net income	74,889	62,595	154,198	139,983
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	(9,117)	0	(9,117)	0
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	84,006	62,595	163,315	139,983
Entergy Mississippi [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	459,132	420,319	1,213,620	1,105,978
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	84,653	85,247	235,211	217,730
Entergy Arkansas [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	864,502	722,683	2,120,397	1,856,343
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	210,099	94,580	499,119	295,317
Nuclear refueling outage expenses	14,259	13,207	42,539	39,389
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	204,199	175,236	548,775	503,242
Decommissioning	20,731	19,567	61,288	57,847
Taxes, Other	39,545	36,892	104,819	96,741
Other Depreciation and Amortization	96,746	90,887	288,904	269,442
Other regulatory charges (credits) - net	(27,054)	31,988	(69,114)	(27,649)
Costs and Expenses	633,466	536,936	1,658,951	1,440,577
OPERATING INCOME	231,036	185,747	461,446	415,766
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	4,811	4,113	11,786	10,714
Investment Income, Net	4,284	53,661	13,444	78,809
Miscellaneous - net	(6,356)	(4,805)	(16,640)	(15,968)
TOTAL	2,739	52,969	8,590	73,555
INTEREST EXPENSE
Interest Expense, Debt	38,123	35,452	111,622	104,862
Allowance for borrowed funds used during construction	(1,912)	(1,793)	(4,684)	(4,655)
TOTAL	36,211	33,659	106,938	100,207
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	197,564	205,057	363,098	389,114
Income taxes	48,217	50,166	85,074	84,593
Consolidated net income	149,347	154,891	278,024	304,521
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	(724)	0	(2,640)	0
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	150,071	154,891	280,664	304,521
Entergy Arkansas [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	864,502	722,683	2,120,397	1,856,343
Entergy Arkansas [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Arkansas [Member] | Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	74,941	74,579	182,621	206,248
Entergy Louisiana [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	2,020,798	1,420,708	4,802,555	3,795,950
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	833,885	421,464	1,449,464	922,060
Nuclear refueling outage expenses	18,966	11,932	40,942	37,407
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	298,710	239,132	846,457	752,214
Decommissioning	18,137	17,250	53,736	51,108
Taxes, Other	60,346	63,428	180,527	167,880
Other Depreciation and Amortization	176,403	165,469	517,205	489,343
Other regulatory charges (credits) - net	(9,959)	(1,920)	172,605	7,560
Costs and Expenses	1,648,070	1,093,228	4,109,264	3,000,602
OPERATING INCOME	372,728	327,480	693,291	795,348
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	8,280	7,247	17,865	20,183
Investment Income, Net	(8,861)	7,327	(93,241)	75,502
Investments in and Advances to Affiliates, Dividends or Interest	55,363	31,898	130,464	95,695
Miscellaneous - net	6,835	(8,924)	59,338	(79,595)
TOTAL	61,617	37,548	114,426	111,785
INTEREST EXPENSE
Interest Expense, Debt	92,020	87,295	278,559	260,731
Allowance for borrowed funds used during construction	(3,518)	(3,278)	(7,762)	(9,105)
TOTAL	88,502	84,017	270,797	251,626
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	345,843	281,011	536,920	655,507
Income taxes	71,453	56,536	(204,989)	120,479
Consolidated net income	274,390	224,475	741,909	535,028
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	554	0	812	0
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	273,836	224,475	741,097	535,028
Entergy Louisiana [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	2,003,009	1,407,737	4,738,188	3,741,979
Entergy Louisiana [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	17,789	12,971	64,367	53,971
Entergy Louisiana [Member] | Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	251,582	176,473	848,328	573,030
Entergy New Orleans [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	291,663	211,229	744,184	559,304
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	81,847	34,940	180,059	88,462
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	38,806	34,483	116,173	113,638
Taxes, Other	12,920	15,530	41,353	40,380
Other Depreciation and Amortization	19,556	18,444	57,322	54,758
Other regulatory charges (credits) - net	5,452	4,126	14,991	9,831
Costs and Expenses	246,684	182,883	637,559	508,276
OPERATING INCOME	44,979	28,346	106,625	51,028
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	396	433	316	1,067
Investment Income, Net	215	18	307	32
Miscellaneous - net	(184)	(205)	766	(711)
TOTAL	427	246	1,389	388
INTEREST EXPENSE
Interest Expense, Debt	8,683	7,158	26,075	21,149
Allowance for borrowed funds used during construction	(215)	(192)	(255)	(475)
TOTAL	8,468	6,966	25,820	20,674
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	36,938	21,626	82,194	30,742
Income taxes	10,023	5,631	20,607	8,345
Consolidated net income	26,915	15,995	61,587	22,397
Entergy New Orleans [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	262,904	192,946	641,634	491,855
Entergy New Orleans [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	28,759	18,283	102,550	67,449
Entergy New Orleans [Member] | Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	88,103	75,360	227,661	201,207
Entergy Texas [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	659,556	541,632	1,696,629	1,452,286
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	113,154	92,843	247,929	269,270
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	83,014	68,973	230,580	202,743
Taxes, Other	29,886	30,479	73,817	73,025
Other Depreciation and Amortization	58,472	54,711	171,781	159,234
Other regulatory charges (credits) - net	8,072	10,029	43,917	51,122
Costs and Expenses	501,301	412,758	1,332,833	1,181,178
OPERATING INCOME	158,255	128,874	363,796	271,108
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	3,616	1,836	9,375	6,951
Investment Income, Net	1,062	204	1,597	632
Miscellaneous - net	(1,655)	(507)	(1,757)	(1,457)
TOTAL	3,023	1,533	9,215	6,126
INTEREST EXPENSE
Interest Expense, Debt	24,613	21,220	68,626	66,157
Allowance for borrowed funds used during construction	(1,218)	(738)	(3,150)	(2,797)
TOTAL	23,395	20,482	65,476	63,360
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	137,883	109,925	307,535	213,874
Income taxes	19,881	15,084	41,645	24,185
Consolidated net income	118,002	94,841	265,890	189,689
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	518	470	1,554	1,411
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	117,484	94,371	264,336	188,278
Entergy Texas [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	659,556	541,632	1,696,629	1,452,286
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	208,703	155,723	564,809	425,784
System Energy [Member]
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	12,125	15,279	31,658	46,211
Nuclear refueling outage expenses	6,483	6,867	17,730	20,377
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	69,719	54,709	168,308	154,716
Decommissioning	10,117	9,721	30,050	28,875
Taxes, Other	7,430	7,268	22,431	21,061
Other Depreciation and Amortization	38,742	25,991	106,442	79,953
Other regulatory charges (credits) - net	(8,324)	(1,707)	510,667	(7,707)
Costs and Expenses	136,292	118,128	887,286	343,486
OPERATING INCOME	43,508	36,191	(402,238)	89,892
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	1,536	1,546	6,164	4,012
Investment Income, Net	3,669	11,839	(58)	36,871
Miscellaneous - net	(9,028)	(4,372)	(13,408)	(14,282)
TOTAL	(3,823)	9,013	(7,302)	26,601
INTEREST EXPENSE
Interest Expense, Debt	9,189	9,513	27,782	28,627
Allowance for borrowed funds used during construction	(246)	(261)	(982)	(678)
TOTAL	8,943	9,252	26,800	27,949
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	30,742	35,952	(436,340)	88,544
Income taxes	3,385	8,453	(114,981)	6,851
Consolidated net income	27,357	27,499	(321,359)	81,693
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	27,357	27,499	(321,359)	81,693
System Energy [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	$ 179,800	$ 154,319	$ 485,048	$ 433,378

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
OPERATING ACTIVITIES
Consolidated net income	$ 999,486	$ 873,333
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	1,667,756	1,696,323
Deferred income taxes, investment tax credits, and non-current taxes accrued	(76,672)	280,193
Impairment of Long-Lived Assets Held-for-use	(163,464)	345,200
Changes in working capital:
Receivables	(368,772)	(245,082)
Fuel inventory	19,433	46,951
Accounts payable	(59,787)	362,529
Taxes accrued	89,554	19,611
Interest accrued	38,361	29,313
Deferred fuel costs	(821,386)	(356,833)
Other working capital accounts	(124,677)	(94,791)
Changes in provisions for estimated losses	297,842	(72,577)
Changes in other regulatory assets	587,128	(631,172)
Increase (Decrease) in Regulatory Liabilities	(116,315)	117,301
Storm restoration costs approved for securitization recognized as regulatory asset	(1,036,955)	0
Changes in pension and other postretirement liabilities	(258,141)	(422,028)
Other Noncash Income (Expense)	1,136,050	62,712
Net cash flow provided by operating activities	1,809,441	2,010,983
INVESTING ACTIVITIES
Construction/capital expenditures	(3,853,121)	(3,925,632)
Allowance for equity funds used during construction	49,685	48,629
Payments to Acquire Productive Assets	(106,193)	(36,534)
Net proceeds (payments) from sale of assets	(7,082)	17,421
Nuclear fuel purchases	(125,619)	(127,606)
Payments for Nuclear Fuel	(125,619)	(127,606)
Proceeds from insurance	9,829	0
Payments to storm reserve escrow account	(1,291,593)	(23)
Receipts from storm reserve escrow account	1,000,278	83,105
Decrease (increase) in other investments	(33,238)	4,239
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	32,367	49,236
Proceeds from nuclear decommissioning trust fund sales	1,377,304	4,475,142
Investment in nuclear decommissioning trust funds	(1,422,808)	(4,463,814)
Changes in securitization account	1,224	13,862
Net cash flow used in investing activities	(4,368,967)	(3,861,975)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	5,316,693	6,269,152
Proceeds from Sale of Treasury Stock	31,802	5,613
Proceeds from Issuance of Common Stock	0	26,817
Retirement of long-term debt	(4,998,642)	(4,046,791)
Proceeds from securitization	3,163,572	0
Proceeds from Noncontrolling Interests	9,595	0
Changes in credit borrowings and commercial paper - net	185,455	(621,168)
Dividends paid:
Common stock	(615,937)	(572,131)
Other	41,659	44,176
Net cash flow provided by financing activities	3,120,458	1,091,929
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	560,932	(759,063)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	1,003,491	1,000,036
Cash paid / (received) during the period for:
Interest - net of amount capitalized	631,211	590,581
Income taxes	(7,412)	29,454
Dividends Paid, Preferred Stock	(13,739)	(13,739)
Entergy Arkansas [Member]
OPERATING ACTIVITIES
Consolidated net income	278,024	304,521
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	403,929	380,481
Deferred income taxes, investment tax credits, and non-current taxes accrued	85,012	105,147
Changes in working capital:
Receivables	(129,679)	(107,075)
Fuel inventory	7,430	26,521
Accounts payable	77,849	15,485
Taxes accrued	(4,838)	(19,899)
Interest accrued	32,360	25,616
Deferred fuel costs	(27,724)	(113,004)
Other working capital accounts	13,963	(26,618)
Changes in provisions for estimated losses	(1,840)	(1,266)
Changes in other regulatory assets	(54,449)	74,022
Increase (Decrease) in Regulatory Liabilities	(305,972)	(46,061)
Changes in pension and other postretirement liabilities	(58,966)	(81,913)
Other Noncash Income (Expense)	360,258	(82,880)
Net cash flow provided by operating activities	675,357	453,077
INVESTING ACTIVITIES
Construction/capital expenditures	(552,919)	(495,203)
Allowance for equity funds used during construction	11,786	10,714
Payments to Acquire Productive Assets	(1,044)	0
Nuclear fuel purchases	(56,984)	(72,528)
Payments for Nuclear Fuel	(56,984)	(72,528)
Proceeds from sale of nuclear fuel	37,198	16,239
Change in money pool receivable - net	(1,808)	(4,191)
Proceeds from nuclear decommissioning trust fund sales	174,893	434,674
Investment in nuclear decommissioning trust funds	(190,244)	(436,658)
Net cash flow used in investing activities	(579,122)	(546,953)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	225,625	708,126
Retirement of long-term debt	(21,316)	(717,214)
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	480	0
Change in money pool payable - net	(139,904)	0
Dividends paid:
Common stock	(86,000)	(25,000)
Other	(7,944)	33,173
Net cash flow provided by financing activities	(30,019)	(915)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	66,216	(94,791)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	79,131	97,337
Cash paid / (received) during the period for:
Interest - net of amount capitalized	77,625	77,434
Entergy Louisiana [Member]
OPERATING ACTIVITIES
Consolidated net income	741,909	535,028
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	633,124	607,299
Deferred income taxes, investment tax credits, and non-current taxes accrued	(84,719)	159,723
Changes in working capital:
Receivables	(193,374)	(91,771)
Fuel inventory	1,920	5,763
Accounts payable	(117,199)	450,064
Taxes accrued	(9,415)	94,751
Interest accrued	3,244	4,464
Deferred fuel costs	(272,259)	(49,786)
Other working capital accounts	(161,058)	(41,769)
Changes in provisions for estimated losses	292,013	(764)
Changes in other regulatory assets	741,131	(938,646)
Increase (Decrease) in Regulatory Liabilities	(92,554)	92,138
Storm restoration costs approved for securitization recognized as regulatory asset	(1,190,338)	0
Changes in pension and other postretirement liabilities	(29,538)	(68,132)
Other Noncash Income (Expense)	358,570	289,625
Net cash flow provided by operating activities	621,457	1,047,987
INVESTING ACTIVITIES
Construction/capital expenditures	(2,099,909)	(2,147,096)
Allowance for equity funds used during construction	17,865	20,183
Proceeds from Sale of Productive Assets	0	15,000
Nuclear fuel purchases	(84,606)	(75,349)
Payments for Nuclear Fuel	(84,606)	(75,349)
Proceeds from sale of nuclear fuel	37,634	13,201
Change in money pool receivable - net	9,757	(6,635)
Proceeds from insurance	5,695	0
Payments to storm reserve escrow account	(1,291,431)	0
Payments to Acquire Interest in Subsidiaries and Affiliates	3,163,572	0
Receipts from storm reserve escrow account	1,000,228	0
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	0	8,690
Proceeds from nuclear decommissioning trust fund sales	520,412	505,840
Investment in nuclear decommissioning trust funds	(540,653)	(555,749)
Changes in securitization account	0	(2,815)
Net cash flow used in investing activities	(4,197,993)	(2,224,730)
Proceeds from (Repurchase of) Equity	1,390,587	0
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	2,673,246	2,404,102
Retirement of long-term debt	(2,734,524)	(1,628,383)
Proceeds from securitization	3,163,572	0
Proceeds from Contributed Capital	1,000,000	0
Dividends paid:
Common stock	(374,500)	(60,000)
Other	25,866	(303)
Net cash flow provided by financing activities	3,753,660	715,416
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	177,124	(461,327)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	195,697	266,693
Cash paid / (received) during the period for:
Interest - net of amount capitalized	266,522	247,878
Entergy Mississippi [Member]
OPERATING ACTIVITIES
Consolidated net income	154,198	139,983
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	182,623	168,324
Deferred income taxes, investment tax credits, and non-current taxes accrued	45,811	53,629
Changes in working capital:
Receivables	(50,712)	(36,754)
Fuel inventory	(2,856)	5,564
Accounts payable	34,776	48,413
Taxes accrued	(12,542)	(30,881)
Interest accrued	11,171	4,632
Deferred fuel costs	(214,459)	(95,310)
Other working capital accounts	(23,012)	(40,911)
Changes in provisions for estimated losses	(461)	(8,087)
Changes in other regulatory assets	(53,830)	(15,366)
Increase (Decrease) in Regulatory Liabilities	31,682	49,036
Changes in pension and other postretirement liabilities	(18,489)	(17,454)
Other Noncash Income (Expense)	17,691	24,950
Net cash flow provided by operating activities	101,591	249,768
INVESTING ACTIVITIES
Construction/capital expenditures	(368,151)	(473,956)
Allowance for equity funds used during construction	4,179	5,703
Payments to Acquire Productive Assets	(105,149)	0
Change in money pool receivable - net	40,456	0
Decrease (increase) in other investments	(111)	55
Net cash flow used in investing activities	(428,776)	(468,198)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	249,298	200,539
Proceeds from Noncontrolling Interests	9,595	0
Change in money pool payable - net	19,319	18,087
Dividends paid:
Other	4,243	(186)
Net cash flow provided by financing activities	282,455	218,440
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(44,730)	10
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	2,897	28
Cash paid / (received) during the period for:
Interest - net of amount capitalized	50,719	49,080
Income taxes	0	(8,045)
Entergy New Orleans [Member]
OPERATING ACTIVITIES
Consolidated net income	61,587	22,397
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	57,322	54,758
Deferred income taxes, investment tax credits, and non-current taxes accrued	22,429	11,261
Changes in working capital:
Receivables	(9,022)	(24,959)
Fuel inventory	(3,245)	79
Accounts payable	3,319	22,863
Taxes accrued	(4,241)	(1,699)
Interest accrued	(204)	(2,796)
Deferred fuel costs	(33,301)	4,280
Other working capital accounts	(5,973)	(7,025)
Changes in provisions for estimated losses	8,409	(62,293)
Changes in other regulatory assets	24,449	18,412
Increase (Decrease) in Regulatory Liabilities	(8,921)	11,757
Changes in pension and other postretirement liabilities	(6,598)	(11,220)
Other Noncash Income (Expense)	(9,816)	41,635
Net cash flow provided by operating activities	96,194	77,450
INVESTING ACTIVITIES
Construction/capital expenditures	(163,403)	(139,153)
Allowance for equity funds used during construction	316	1,067
Change in money pool receivable - net	35,977	(1,995)
Payments to storm reserve escrow account	0	(7)
Receipts from storm reserve escrow account	0	83,045
Changes in securitization account	(3,474)	(2,380)
Net cash flow used in investing activities	(130,584)	(59,423)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt		19,251
Retirement of long-term debt	0
Change in money pool payable - net	0	(10,190)
Dividends paid:
Other	9,509	(726)
Net cash flow provided by financing activities	9,509	8,335
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(24,881)	26,362
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	17,981	26,388
Cash paid / (received) during the period for:
Interest - net of amount capitalized	25,231	23,015
Income taxes	0	324
Entergy Texas [Member]
OPERATING ACTIVITIES
Consolidated net income	265,890	189,689
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	171,781	159,234
Deferred income taxes, investment tax credits, and non-current taxes accrued	57,532	31,518
Changes in working capital:
Receivables	(63,743)	(50,538)
Fuel inventory	16,868	7,232
Accounts payable	77,740	20,506
Taxes accrued	2,520	6,003
Interest accrued	(4,832)	(12,808)
Deferred fuel costs	(273,644)	(103,013)
Other working capital accounts	(11,927)	(19,522)
Changes in provisions for estimated losses	(414)	67
Changes in other regulatory assets	(130,042)	72,760
Increase (Decrease) in Regulatory Liabilities	(23,014)	(21,469)
Storm restoration costs approved for securitization recognized as regulatory asset	153,383	0
Changes in pension and other postretirement liabilities	(12,458)	(16,489)
Other Noncash Income (Expense)	(905)	(8,190)
Net cash flow provided by operating activities	224,735	254,980
INVESTING ACTIVITIES
Construction/capital expenditures	(469,630)	(541,161)
Allowance for equity funds used during construction	9,375	6,951
Proceeds from Sale of Productive Assets	0	67,920
Payments to Acquire Productive Assets	0	(36,534)
Change in money pool receivable - net	(5,146)	4,601
Proceeds from insurance	4,134	0
Decrease (increase) in other investments	(31,160)	0
Changes in securitization account	4,698	19,057
Net cash flow used in investing activities	(487,729)	(479,166)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	606,444	127,931
Retirement of long-term debt	(54,257)	(269,435)
Change in money pool payable - net	(79,594)	20,075
Dividends paid:
Other	6,019	13,455
Net cash flow provided by financing activities	477,070	(24,385)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	214,076	(248,571)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	214,104	25
Cash paid / (received) during the period for:
Interest - net of amount capitalized	71,311	77,110
Income taxes	1,085	11,710
Dividends Paid, Preferred Stock	(1,542)	(1,411)
Proceeds from Contributions from Parent	0	85,000
System Energy [Member]
OPERATING ACTIVITIES
Consolidated net income	(321,359)	81,693
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	163,043	151,345
Deferred income taxes, investment tax credits, and non-current taxes accrued	(129,093)	17,233
Changes in working capital:
Receivables	(29,703)	(5,216)
Accounts payable	(7,193)	(4,292)
Taxes accrued	9,106	(35,063)
Interest accrued	(972)	(1,557)
Other working capital accounts	(34,961)	5,133
Changes in other regulatory assets	(23,107)	71,486
Increase (Decrease) in Regulatory Liabilities	282,463	31,909
Changes in pension and other postretirement liabilities	(14,704)	(20,721)
Other Noncash Income (Expense)	284,219	(161,274)
Net cash flow provided by operating activities	177,739	130,676
INVESTING ACTIVITIES
Construction/capital expenditures	(132,100)	(64,196)
Allowance for equity funds used during construction	6,164	4,012
Nuclear fuel purchases	(77,707)	(27,958)
Payments for Nuclear Fuel	(77,707)	(27,958)
Proceeds from sale of nuclear fuel	18,845	21,657
Change in money pool receivable - net	70,943	(8,334)
Proceeds from nuclear decommissioning trust fund sales	273,108	769,979
Investment in nuclear decommissioning trust funds	(277,916)	(770,763)
Net cash flow used in investing activities	(118,663)	(75,603)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	955,587	565,610
Retirement of long-term debt	(908,629)	(626,010)
Dividends paid:
Common stock	0	(74,000)
Net cash flow provided by financing activities	46,958	(134,400)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	106,034	(79,327)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	195,235	163,142
Cash paid / (received) during the period for:
Interest - net of amount capitalized	30,231	30,335
Income taxes	$ 0	$ 39,085

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Cash and cash equivalents:
Cash	$ 80,695	$ 44,944
Temporary cash investments	922,796	397,615
Total cash and cash equivalents	1,003,491	442,559
Accounts receivable:
Customer	955,138	786,866
Allowance for doubtful accounts	(30,723)	(68,608)
Other	244,114	231,843
Accrued unbilled revenues	538,232	420,255
Total accounts receivable	1,706,761	1,370,356
Deferred Fuel Cost	1,138,041	324,394
Fuel inventory - at average cost	135,142	154,575
Public Utilities, Inventory	1,129,485	1,041,515
Deferred nuclear refueling outage costs	141,012	133,422
Prepaid Expense and Other Assets, Current	255,873	156,774
TOTAL	5,509,805	3,623,595
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	3,910,411	5,514,016
Non-utility property - at cost (less accumulated depreciation)	360,709	357,576
Other	446,664	159,455
TOTAL	4,717,784	6,031,047
PROPERTY, PLANT, AND EQUIPMENT
Electric	63,947,067	64,263,250
Natural gas	682,645	658,989
Construction work in progress	1,878,427	1,511,966
Nuclear fuel	526,773	577,006
TOTAL PROPERTY, PLANT, AND EQUIPMENT	67,034,912	67,011,211
Less - accumulated depreciation and amortization	25,316,065	24,767,051
PROPERTY, PLANT, AND EQUIPMENT - NET	41,718,847	42,244,160
Regulatory assets:
Other regulatory assets	6,026,128	6,613,256
Deferred Fuel Cost Non Current	241,085	240,953
Goodwill	377,172	377,172
Deferred Income Tax Assets, Net	89,848	54,186
Other	294,626	269,873
Deferred Costs and Other Assets	7,028,859	7,555,440
TOTAL ASSETS	58,975,295	59,454,242
CURRENT LIABILITIES
Currently maturing long-term debt	1,584,037	1,039,329
Short-term borrowings	1,386,632	1,201,177
Accounts payable	1,744,246	2,610,132
Contract with Customer, Liability, Current	417,132	395,184
Taxes Payable, Current	509,382	419,828
Interest accrued	229,512	191,151
Deferred fuel costs	0	7,607
Pension and other postretirement liabilities	65,916	68,336
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	2,660	53,385
Other	215,358	204,613
TOTAL	6,154,875	6,190,742
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	4,677,276	4,706,797
Accumulated deferred investment tax credits	208,239	211,975
Regulatory liability for income taxes - net	1,225,190	1,255,692
Other regulatory liabilities	2,608,757	2,643,845
Decommissioning and asset retirement cost liabilities	4,224,934	4,757,084
Loss Contingency Accrual	454,964	157,122
Pension and other postretirement liabilities	1,693,604	1,949,325
Long-term debt	24,635,942	24,841,572
Deferred Credits and Other Liabilities	677,838	815,284
TOTAL	40,406,744	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	6,765,113	6,766,239
Accumulated other comprehensive loss	(313,370)	(332,528)
Less - treasury stock, at cost	4,979,419	5,039,699
TOTAL	12,096,351	11,637,284
Stockholders' Equity Attributable to Noncontrolling Interest	97,915	68,110
Retained Earnings (Accumulated Deficit)	10,621,307	10,240,552
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	12,194,266	11,705,394
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	58,975,295	59,454,242
Entergy Arkansas [Member]
Cash and cash equivalents:
Cash	2,237	8,155
Temporary cash investments	76,894	4,760
Total cash and cash equivalents	79,131	12,915
Accounts receivable:
Customer	182,061	154,412
Allowance for doubtful accounts	(6,328)	(13,072)
Associated companies	49,565	29,587
Other	100,389	51,064
Accrued unbilled revenues	129,454	101,663
Total accounts receivable	455,141	323,654
Deferred Fuel Cost	136,454	108,862
Fuel inventory - at average cost	43,462	50,892
Public Utilities, Inventory	275,879	247,980
Deferred nuclear refueling outage costs	30,985	65,318
Prepaid Expense and Other Assets, Current	28,604	14,863
TOTAL	1,049,656	824,484
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,141,672	1,438,416
Other	789	947
TOTAL	1,142,461	1,439,363
PROPERTY, PLANT, AND EQUIPMENT
Electric	13,834,015	13,578,297
Construction work in progress	458,037	241,127
Nuclear fuel	147,202	182,055
TOTAL PROPERTY, PLANT, AND EQUIPMENT	14,439,254	14,001,479
Less - accumulated depreciation and amortization	5,682,785	5,472,296
PROPERTY, PLANT, AND EQUIPMENT - NET	8,756,469	8,529,183
Regulatory assets:
Other regulatory assets	1,744,127	1,689,678
Deferred Fuel Cost Non Current	68,883	68,751
Other	15,581	13,660
Deferred Costs and Other Assets	1,828,591	1,772,089
TOTAL ASSETS	12,777,177	12,565,119
CURRENT LIABILITIES
Currently maturing long-term debt	250,000	0
Associated companies accounts payable	101,051	217,310
Accounts payable	299,400	190,476
Contract with Customer, Liability, Current	100,085	92,511
Taxes Payable, Current	84,752	89,590
Interest accrued	49,468	17,108
Other	53,134	38,901
TOTAL	937,890	645,896
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	1,506,970	1,416,201
Accumulated deferred investment tax credits	28,398	29,299
Regulatory liability for income taxes - net	436,733	431,655
Other regulatory liabilities	432,264	743,314
Decommissioning and asset retirement cost liabilities	1,451,698	1,390,410
Loss Contingency Accrual	75,244	77,084
Pension and other postretirement liabilities	126,722	185,789
Long-term debt	3,914,866	3,958,862
Deferred Credits and Other Liabilities	98,993	110,754
TOTAL	8,071,888	8,343,368
Common Shareholders' Equity:
Members' Equity	3,737,409	3,542,745
Members' Equity Attributable to Noncontrolling Interest	29,990	33,110
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	3,767,399	3,575,855
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	12,777,177	12,565,119
Entergy Louisiana [Member]
Cash and cash equivalents:
Cash	390	195
Temporary cash investments	195,307	18,378
Total cash and cash equivalents	195,697	18,573
Accounts receivable:
Customer	435,725	355,265
Allowance for doubtful accounts	(9,945)	(29,231)
Associated companies	120,203	96,539
Other	50,104	36,674
Accrued unbilled revenues	221,545	174,768
Total accounts receivable	817,632	634,015
Deferred Fuel Cost	317,633	45,374
Fuel inventory - at average cost	41,038	42,958
Public Utilities, Inventory	531,444	485,325
Deferred nuclear refueling outage costs	69,738	39,582
Prepaid Expense and Other Assets, Current	148,498	44,187
TOTAL	2,121,680	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	1,682,479	2,114,523
Non-utility property - at cost (less accumulated depreciation)	344,935	337,247
Storm Reserve Escrow Account	291,203	0
Other	14,098	13,744
TOTAL	5,496,287	3,856,101
PROPERTY, PLANT, AND EQUIPMENT
Electric	27,323,620	28,055,038
Natural gas	297,638	285,006
Construction work in progress	785,673	847,924
Nuclear fuel	191,908	209,418
TOTAL PROPERTY, PLANT, AND EQUIPMENT	28,598,839	29,397,386
Less - accumulated depreciation and amortization	10,204,546	9,860,252
PROPERTY, PLANT, AND EQUIPMENT - NET	18,394,293	19,537,134
Regulatory assets:
Other regulatory assets	2,035,535	2,776,666
Deferred Fuel Cost Non Current	168,122	168,122
Other	35,811	27,801
Deferred Costs and Other Assets	2,239,468	2,972,589
TOTAL ASSETS	28,251,728	27,675,838
CURRENT LIABILITIES
Currently maturing long-term debt	525,000	200,000
Associated companies accounts payable	146,002	183,172
Accounts payable	680,238	1,481,902
Contract with Customer, Liability, Current	158,440	150,697
Taxes Payable, Current	54,833	64,248
Interest accrued	96,296	93,052
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	0	24,291
Other	81,448	68,995
TOTAL	1,742,257	2,266,357
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	2,363,961	2,433,854
Accumulated deferred investment tax credits	99,048	102,588
Regulatory liability for income taxes - net	302,760	313,693
Other regulatory liabilities	985,267	1,042,597
Decommissioning and asset retirement cost liabilities	1,718,635	1,653,198
Loss Contingency Accrual	316,503	24,490
Pension and other postretirement liabilities	498,744	528,213
Long-term debt	10,335,595	10,714,346
Deferred Credits and Other Liabilities	310,188	415,930
TOTAL	16,930,701	17,228,909
Common Shareholders' Equity:
Accumulated other comprehensive loss	7,469	8,278
Members' Equity	9,538,853	8,172,294
Members' Equity Attributable to Noncontrolling Interest	32,448	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	9,578,770	8,180,572
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	28,251,728	27,675,838
Entergy Mississippi [Member]
Cash and cash equivalents:
Cash	2,896	29
Temporary cash investments	1	47,598
Total cash and cash equivalents	2,897	47,627
Accounts receivable:
Customer	91,178	84,048
Allowance for doubtful accounts	(2,069)	(7,209)
Associated companies	11,625	42,994
Other	31,311	14,609
Accrued unbilled revenues	68,687	56,034
Total accounts receivable	200,732	190,476
Deferred Fuel Cost	336,337	121,878
Fuel inventory - at average cost	13,167	10,311
Public Utilities, Inventory	84,495	69,639
Prepaid Expense and Other Assets, Current	11,519	6,394
TOTAL	649,147	446,325
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	4,516	4,527
Escrow accounts	41,147	48,886
TOTAL	45,663	53,413
PROPERTY, PLANT, AND EQUIPMENT
Electric	6,922,046	6,613,109
Construction work in progress	175,629	95,452
TOTAL PROPERTY, PLANT, AND EQUIPMENT	7,097,675	6,708,561
Less - accumulated depreciation and amortization	2,242,272	2,127,590
PROPERTY, PLANT, AND EQUIPMENT - NET	4,855,403	4,580,971
Regulatory assets:
Other regulatory assets	516,262	462,432
Other	19,881	14,248
Deferred Costs and Other Assets	536,143	476,680
TOTAL ASSETS	6,086,356	5,557,389
CURRENT LIABILITIES
Currently maturing long-term debt	250,000	0
Associated companies accounts payable	80,635	42,929
Accounts payable	126,364	113,000
Contract with Customer, Liability, Current	89,084	86,167
Taxes Payable, Current	93,731	106,273
Interest accrued	28,454	17,283
Other	23,160	36,731
TOTAL	691,428	402,383
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	773,775	720,097
Accumulated deferred investment tax credits	11,599	10,913
Regulatory liability for income taxes - net	204,353	212,445
Other regulatory liabilities	89,087	49,313
Decommissioning and asset retirement cost liabilities	10,750	10,315
Loss Contingency Accrual	37,567	38,028
Pension and other postretirement liabilities	40,402	59,065
Long-term debt	2,180,783	2,179,989
Deferred Credits and Other Liabilities	43,250	35,273
TOTAL	3,391,566	3,315,438
Common Shareholders' Equity:
Stockholders' Equity Attributable to Noncontrolling Interest	478	0
Members' Equity	2,002,884	1,839,568
Members' Equity Attributable to Noncontrolling Interest	478	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	2,003,362	1,839,568
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	6,086,356	5,557,389
Entergy New Orleans [Member]
Cash and cash equivalents:
Cash	426	26
Temporary cash investments	17,555	42,836
Total cash and cash equivalents	17,981	42,862
Securitization recovery trust account	5,473	1,999
Accounts receivable:
Customer	104,201	69,902
Allowance for doubtful accounts	(9,392)	(13,282)
Associated companies	2,948	74,146
Other	6,611	13,668
Accrued unbilled revenues	38,661	25,550
Total accounts receivable	143,029	169,984
Deferred Fuel Cost	25,694	0
Fuel inventory - at average cost	6,190	2,945
Public Utilities, Inventory	21,637	19,216
Prepaid Expense and Other Assets, Current	12,280	5,428
TOTAL	232,284	242,434
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	1,050	1,016
TOTAL	1,050	1,016
PROPERTY, PLANT, AND EQUIPMENT
Electric	1,992,727	1,976,202
Natural gas	385,007	373,983
Construction work in progress	45,338	22,199
TOTAL PROPERTY, PLANT, AND EQUIPMENT	2,423,072	2,372,384
Less - accumulated depreciation and amortization	809,858	774,309
PROPERTY, PLANT, AND EQUIPMENT - NET	1,613,214	1,598,075
Regulatory assets:
Other regulatory assets	224,168	248,617
Deferred Fuel Cost Non Current	4,080	4,080
Other	63,947	56,101
Deferred Costs and Other Assets	292,195	308,798
TOTAL ASSETS	2,138,743	2,150,323
CURRENT LIABILITIES
Currently maturing long-term debt	170,000	0
Notes Payable, Related Parties, Current	1,326	1,326
Associated companies accounts payable	57,512	45,057
Accounts payable	53,049	146,921
Contract with Customer, Liability, Current	31,020	28,539
Taxes Payable, Current	144	4,385
Interest accrued	7,787	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	7,226	6,204
TOTAL	328,064	249,936
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	390,806	365,384
Accumulated deferred investment tax credits	16,277	16,306
Regulatory liability for income taxes - net	39,660	40,589
Decommissioning and asset retirement cost liabilities	0	4,032
Loss Contingency Accrual	14,738	6,329
Long-term debt	602,123	777,254
Notes Payable, Related Parties, Noncurrent	9,585	9,585
Deferred Credits and Other Liabilities	37,188	42,193
TOTAL	1,110,377	1,261,672
Common Shareholders' Equity:
Members' Equity	700,302	638,715
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	700,302	638,715
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	2,138,743	2,150,323
Entergy Texas [Member]
Cash and cash equivalents:
Cash	5,290	28
Temporary cash investments	208,814	0
Total cash and cash equivalents	214,104	28
Securitization recovery trust account	21,931	26,629
Accounts receivable:
Customer	141,972	83,797
Allowance for doubtful accounts	(2,989)	(5,814)
Associated companies	17,759	31,720
Other	17,608	13,404
Accrued unbilled revenues	79,887	62,241
Total accounts receivable	254,237	185,348
Deferred Fuel Cost	321,924	48,280
Fuel inventory - at average cost	25,844	42,712
Public Utilities, Inventory	82,470	72,884
Prepaid Expense and Other Assets, Current	57,253	17,515
TOTAL	977,763	393,396
OTHER PROPERTY AND INVESTMENTS
Investment in affiliates - at equity	262	300
Non-utility property - at cost (less accumulated depreciation)	376	376
Other	18,097	18,128
TOTAL	18,735	18,804
PROPERTY, PLANT, AND EQUIPMENT
Electric	7,259,010	7,181,567
Construction work in progress	285,907	183,965
TOTAL PROPERTY, PLANT, AND EQUIPMENT	7,544,917	7,365,532
Less - accumulated depreciation and amortization	2,121,834	2,049,750
PROPERTY, PLANT, AND EQUIPMENT - NET	5,423,083	5,315,782
Regulatory assets:
Other regulatory assets	551,375	421,333
Other	126,722	112,096
Deferred Costs and Other Assets	678,097	533,429
TOTAL ASSETS	7,097,678	6,261,411
CURRENT LIABILITIES
Associated companies accounts payable	73,558	142,929
Accounts payable	197,204	164,981
Contract with Customer, Liability, Current	38,503	37,271
Taxes Payable, Current	51,538	49,018
Interest accrued	14,170	19,002
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	2,660	27,188
Other	19,107	16,120
TOTAL	396,740	456,509
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	761,897	692,496
Accumulated deferred investment tax credits	8,864	9,325
Regulatory liability for income taxes - net	133,021	144,145
Other regulatory liabilities	49,698	37,060
Decommissioning and asset retirement cost liabilities	10,971	8,520
Loss Contingency Accrual	7,828	8,242
Long-term debt	2,907,947	2,354,148
Deferred Credits and Other Liabilities	73,170	67,760
TOTAL	$ 3,953,396	$ 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	2,708,792	2,444,456
Stockholders' Equity Attributable to Noncontrolling Interest	38,750	38,750
Retained Earnings (Accumulated Deficit)	1,609,215	1,344,879
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	2,747,542	2,483,206
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	7,097,678	6,261,411
System Energy [Member]
Cash and cash equivalents:
Cash	350	87
Temporary cash investments	194,885	89,114
Total cash and cash equivalents	195,235	89,201
Accounts receivable:
Associated companies	78,528	118,977
Other	6,212	7,003
Total accounts receivable	84,740	125,980
Public Utilities, Inventory	129,376	127,093
Deferred nuclear refueling outage costs	40,289	10,123
Prepaid Expense and Other Assets, Current	4,381	1,870
TOTAL	454,021	354,267
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,086,261	1,385,254
TOTAL	1,086,261	1,385,254
PROPERTY, PLANT, AND EQUIPMENT
Electric	5,413,884	5,362,494
Construction work in progress	94,303	97,968
Nuclear fuel	187,663	171,438
TOTAL PROPERTY, PLANT, AND EQUIPMENT	5,695,850	5,631,900
Less - accumulated depreciation and amortization	3,419,437	3,396,136
PROPERTY, PLANT, AND EQUIPMENT - NET	2,276,413	2,235,764
Regulatory assets:
Other regulatory assets	418,653	395,546
Other	1,773	1,793
Deferred Costs and Other Assets	420,426	397,339
TOTAL ASSETS	4,237,121	4,372,624
CURRENT LIABILITIES
Currently maturing long-term debt	250,037	50,329
Associated companies accounts payable	25,922	23,682
Accounts payable	59,673	62,573
Taxes Payable, Current	42,024	32,918
Interest accrued	10,742	11,714
Other	4,100	4,101
TOTAL	392,498	185,317
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	255,791	382,931
Accumulated deferred investment tax credits	43,614	43,003
Regulatory liability for income taxes - net	108,662	113,165
Other regulatory liabilities	1,031,910	744,944
Decommissioning and asset retirement cost liabilities	1,032,276	1,007,603
Pension and other postretirement liabilities	61,400	76,104
Long-term debt	538,924	690,967
Deferred Credits and Other Liabilities	2,045	37,230
TOTAL	$ 3,074,622	$ 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)	(181,849)	139,510
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	770,001	1,091,360
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 4,237,121	$ 4,372,624

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net income	$ 555,882	$ 535,583	$ 999,486	$ 873,333
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax	24	24	72	(29,778)
Other comprehensive income (loss)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	11,867	8,838	26,240	53,903
Net unrealized investment gains	(1,223)	(2,162)	(7,154)	(46,957)
Other comprehensive income (loss)	10,668	6,700	19,158	(22,832)
Total comprehensive income	566,550	542,283	1,018,644	850,501
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	(4,707)	4,580	2,794	13,739
Comprehensive Income Attributable to Entergy Corporation	571,257	537,703	1,015,850	836,762
Entergy Louisiana [Member]
Net income	274,390	224,475	741,909	535,028
Other comprehensive income (loss)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	295	(131)	(809)	50
Other comprehensive income (loss)	295	(131)	(809)	50
Total comprehensive income	274,685	224,344	741,100	535,078
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	554	0	812	0
Comprehensive Income Attributable to Entergy Corporation	274,131	224,344	740,288	535,078
Entergy Arkansas [Member]
Net income	149,347	154,891	278,024	304,521
Other comprehensive income (loss)
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	(724)	0	(2,640)	0
System Energy [Member]
Net income	$ 27,357	$ 27,499	$ (321,359)	$ 81,693

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]
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
Dividends, Preferred Stock, Cash	4,000							470	0	0	470	0
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
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	13,739							1,411					0			0			0
Consolidated net income	$ 873,333							189,689					139,983			304,521			535,028				22,397	81,693
Common stock dividend (in dollars per share)	$ 2.85
Proceeds from Noncontrolling Interests	$ 0												0
Other comprehensive income (loss)	(22,832)																		50
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
Dividends, Preferred Stock, Cash	4,000							471	0	0	471	0
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
Stock Issued During Period, Value, Other	28,216	0	28,213	0	0	3	0
Other comprehensive income (loss)	21,768	0	0	0	21,768	0	0												588	0	588	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
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
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,580							470					0			0			0
Dividends, Preferred Stock, Cash	4,000							470	0	0	470	0
Consolidated net income	535,583	4,580	0	531,003	0	0	0	94,841	0	0	94,841	0	62,595	62,595	0	154,891	154,891	0	224,475	224,475	0	0	15,995	27,499	27,499	0
Dividends, Common Stock, Cash	$ (190,907)	0	0	(190,907)	0	0	0									(25,000)	(25,000)	0	(60,000)	(60,000)	0	0		(48,000)	(48,000)	0
Common stock dividend (in dollars per share)	$ 0.95
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	$ (4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	6,700	0	0	0	6,700	0	0												(131)	0	(131)	0
Common stock issuances related to stock plans	(17,781)	0	(16,176)	0	0	0	(1,605)
Other																			(11)	(11)	0	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	11,287,524	35,000	6,577,852	10,184,645	(472,039)	2,703	(5,040,637)	2,430,856	35,000	1,040,162	1,306,242	49,452	1,812,717	1,812,717	0	3,555,690	3,555,690	0	7,932,727	7,928,350	4,377	0	629,314	1,088,239	136,389	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
Dividends, Preferred Stock, Cash	4,000							518	0	0	518	0
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
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	2,794							1,554					(9,117)			(2,640)			812
Consolidated net income	$ 999,486							265,890					154,198			278,024			741,909				61,587	(321,359)
Common stock dividend (in dollars per share)	$ 3.03
Proceeds from Noncontrolling Interests	$ 9,595												9,595
Other comprehensive income (loss)	19,158																		(809)
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
Dividends, Preferred Stock, Cash	4,000							518	0	0	518	0
Consolidated net income	164,011	4,308	0	159,703	0	0	0	97,485	0	0	97,485	0	48,955	48,955	0	63,110	63,639	(529)	316,659	316,401	0	258	19,546	(380,148)	(380,148)	0
Dividends, Common Stock, Cash	(205,408)	0	0	(205,408)	0	0	0									(36,000)	(36,000)	0
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
Proceeds from Contributions from Parent																			1,000,000	1,000,000	0	0
Noncontrolling Interest, Increase from Subsidiary Equity Issuance	9,595	9,595	0	0	0	0	0						9,595	0	9,595
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
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	(4,707)							518					(9,117)			(724)			554
Dividends, Preferred Stock, Cash	4,000							518	0	0	518	0
Consolidated net income	555,882	(4,707)	0	560,589	0	0	0	118,002	0	0	118,002	0	74,889	84,006	(9,117)	149,347	150,071	(724)	274,390	273,836	0	554	26,915	27,357	27,357	0
Dividends, Common Stock, Cash	$ (205,471)	0	0	(205,471)	0	0	0									(50,000)	(50,000)	0	(249,500)	(249,500)	0	0
Common stock dividend (in dollars per share)	$ 1.01
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	$ (290)	(290)	0	0	0	0	0									(290)	0	(290)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	10,668	0	0	0	10,668	0	0												295	0	295	0
Common stock issuances related to stock plans	(19,486)	0	(14,745)	0	0	0	(4,741)
Other																			(12)	(12)	0	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 12,194,266	$ 97,915	$ 6,765,113	$ 10,621,307	$ (313,370)	$ 2,720	$ (4,979,419)	$ 2,747,542	$ 38,750	$ 1,050,125	$ 1,609,215	$ 49,452	$ 2,003,362	$ 2,002,884	$ 478	$ 3,767,399	$ 3,737,409	$ 29,990	$ 9,578,770	$ 9,538,853	$ 7,469	$ 32,448	$ 700,302	$ 770,001	$ (181,849)	$ 951,850

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Securitized Regulatory Transition Assets, Noncurrent	$ 291,283	$ 49,579
Long-term Transition Bond, Noncurrent	$ 311,156	$ 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	68,483,278	69,312,326
Entergy New Orleans [Member]
Securitized Regulatory Transition Assets, Noncurrent	$ 16,350	$ 25,761
Long-term Transition Bond, Noncurrent	23,927	29,661
Entergy Texas [Member]
Securitized Regulatory Transition Assets, Noncurrent	274,933	23,818
Long-term Transition Bond, Noncurrent	$ 287,229	$ 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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ 3,505	$ 2,596	$ 7,689	$ 15,141
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax	0	0	0	(7,935)
Other Comprehensive Income (Loss), Securities, Available-for-sale, Tax	1,223	(1,259)	(2,230)	(26,867)
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	(4,707)	4,580	2,794	13,739
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	571,257	537,703	1,015,850	836,762
Entergy Louisiana [Member]
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	109	(46)	(298)	18
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	554	0	812	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 274,131	$ 224,344	$ 740,288	$ 535,078

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 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 in October 2021 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 in October 2021 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 in October 2021 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 in October 2021 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 in October 2021 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 in October 2021 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 in October 2021 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	9 Months Ended
	Sep. 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 an 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 submitted a joint report on the audit report and draft order to the LPSC concluding that Entergy Louisiana’s gas distribution operations and fuel costs were not significantly adversely affected by the February 2021 winter storms and the resulting increase in natural gas prices. The LPSC issued an order approving the joint report in October 2022. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $225 million of fuel expense incurred in April, May, June, July, August, and September 2022 (as reflected on June, July, August, September, October, and November 2022 bills). These deferrals were included in the over/under calculation of the fuel adjustment clause, which is intended to recover the full amount of the costs included on a rolling twelve-month basis. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC ” below for discussion of the partial 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. System Energy requested an order from the FERC by November 2022. Entergy Mississippi had a deferred fuel balance of approximately $291.7 million under the energy cost recovery rider as of July 31, 2022, along with an over-recovery balance of $51.1 million under the power management rider. Without further action, Entergy Mississippi anticipated a year-end deferred fuel balance of approximately $200 million after application of a portion of the System Energy settlement proceeds, as discussed above. In September 2022, Entergy Mississippi filed for interim adjustments under both the energy cost recovery rider and the power management rider. Entergy Mississippi proposed five monthly incremental adjustments to the net energy cost factor designed to collect the under-recovered fuel balance as of July 31, 2022 and to reflect the recovery of a higher natural gas price. Entergy Mississippi also proposed five monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance as of July 31, 2022. In October 2022 the MPSC approved modified interim adjustments to Entergy Mississippi’s energy cost recovery rider and power management rider. The MPSC approved dividing the energy cost recovery rider interim adjustment into two components that would allow Entergy Mississippi to 1) recover a natural gas fuel rate that is better aligned with current prices and 2) recover the estimated under-recovered deferred fuel balance as of September 30, 2022 over a period of 20 months. The MPSC approved six monthly incremental adjustments to the net energy cost factor designed to reflect the recovery of a higher natural gas price. The MPSC also approved six monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance. Entergy Mississippi will not file its annual redetermination of the energy cost recovery rider or the power management rider in November 2022. Entergy Mississippi’s November 2023 annual redetermination will not reflect any part of the estimated under-recovered deferred fuel balance as of September 30, 2022; it will only reflect any over/under recovery that accumulates after September 2022. The November 2024 annual redetermination will include the total deferred fuel balance, including any over- or under-recovery of the deferred fuel balance as of September 30, 2022. 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. In September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 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. In October 2022 other parties filed their testimony recommending various adjustments to Entergy Arkansas’s overall proposed revenue deficiency, and Entergy Arkansas filed a response including an update to actual revenues through August 2022, which raised the constraint to $79.8 million. In November 2022, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $102.8 million, including a $87.7 million increase for the 2023 projected year and a $15.2 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $79.8 million. The APSC will rule on the settlement at a later date. A hearing is currently scheduled for November 2022. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of September 30, 2022, Entergy Arkansas had a regulatory asset of $39 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. In August 2022 the LPSC staff filed a list of objections/reservations, including outstanding issues from the test years 2017-2020 formula rate plan filings, utilizing the extraordinary cost mechanism to address one-time changes such as state tax rate changes, and failing to include an adjustment for revenues not received as a result of Hurricane Ida. Subject to refund and LPSC review, the resulting changes to formula rate plan revenues became 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 September 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, Entergy Mississippi recorded regulatory credits of $22.6 million to reflect the effects of the joint stipulation. In August 2022 an intervenor filed a statutorily-authorized direct appeal to the Mississippi Supreme Court seeking review of the MPSC’s July 2022 order approving the joint stipulation confirming Entergy Mississippi’s 2022 formula rate plan filing. The rates that went into effect in August 2022 are not stayed or otherwise impacted while the appeal is pending. 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. In November 2022 the MPSC approved Entergy Mississippi’s July 2022 compliance filing and authorized the recovery of the costs of the Sunflower Solar facility through the interim capacity rate adjustment mechanism in the formula rate plan with rates effective in December 2022. 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. Entergy Mississippi began recovery of the bad debt expense deferral resulting from the COVID-19 pandemic over a three-year period with implementation of the interim formula rate plan rates in April 2022. As of September 30, 2022, Entergy Mississippi had a remaining regulatory asset of $10.9 million for costs associated with the COVID-19 pandemic. 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 sought 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 sought 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. Effective with the first billing cycle of September 2022, Entergy New Orleans implemented rates reflecting an amount agreed upon by Entergy New Orleans and the City Council including adjustments filed in the City Council’s advisors’ report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented was $24.7 million, which includes an increase of $18.2 million in electric revenues, $4.7 million in previously approved electric revenues, and an increase of $1.8 million in gas revenues. Additionally, credits of $13.9 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over an eight-month period beginning September 2022. 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 September 30, 2022, Entergy New Orleans had a regulatory asset of $13.9 million for costs associated with the COVID-19 pandemic. As part of the agreed-upon terms of its 2022 formula rate plan filing, Entergy New Orleans will recover this regulatory asset over a five-year period beginning September 2023. 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 a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase 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. In October 2022 intervenors filed direct testimony challenging and supporting various aspects of Entergy Texas’s rate case application. The key issues addressed included the appropriate return on equity, generation plant deactivations, depreciation rates, and proposed tariffs related to electric vehicles. In November 2022 the PUCT staff filed direct testimony addressing a similar set of issues and recommending a reduction of $50.7 million to Entergy Texas’s overall cost of service associated with the requested net increase in base rates of approximately $131.4 million. Entergy Texas will file rebuttal testimony in November 2022. A hearing on the merits is scheduled for December 2022. If a settlement is not reached, a final decision by the PUCT is expected in second quarter 2023. 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 amended rider was 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 then-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 amended rider was 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 then-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 the PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. The PUCT approved the relate-back rider consistent with Entergy Texas’s as-filed request, and rates became effective over a five month period, in August 2022. 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. The PUCT approved the settlement agreement and rates became effective in August 2022. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. 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 September 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. In August 2022 the APSC filed a motion for summary judgment arguing that there is no genuine issue as to any material fact and the APSC is entitled to judgment as a matter of law. In September 2022, Entergy Arkansas filed an opposition to the motion. In October 2022 the APSC filed a motion asking the court to hold further proceedings in abeyance pending a decision on the motions for summary judgment filed by Entergy Arkansas and the APSC. Also in October 2022, Entergy Arkansas filed an opposition to the motion, and the APSC filed a reply in support of its motion for summary judgment. 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
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 an 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 submitted a joint report on the audit report and draft order to the LPSC concluding that Entergy Louisiana’s gas distribution operations and fuel costs were not significantly adversely affected by the February 2021 winter storms and the resulting increase in natural gas prices. The LPSC issued an order approving the joint report in October 2022. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $225 million of fuel expense incurred in April, May, June, July, August, and September 2022 (as reflected on June, July, August, September, October, and November 2022 bills). These deferrals were included in the over/under calculation of the fuel adjustment clause, which is intended to recover the full amount of the costs included on a rolling twelve-month basis. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC ” below for discussion of the partial 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. System Energy requested an order from the FERC by November 2022. Entergy Mississippi had a deferred fuel balance of approximately $291.7 million under the energy cost recovery rider as of July 31, 2022, along with an over-recovery balance of $51.1 million under the power management rider. Without further action, Entergy Mississippi anticipated a year-end deferred fuel balance of approximately $200 million after application of a portion of the System Energy settlement proceeds, as discussed above. In September 2022, Entergy Mississippi filed for interim adjustments under both the energy cost recovery rider and the power management rider. Entergy Mississippi proposed five monthly incremental adjustments to the net energy cost factor designed to collect the under-recovered fuel balance as of July 31, 2022 and to reflect the recovery of a higher natural gas price. Entergy Mississippi also proposed five monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance as of July 31, 2022. In October 2022 the MPSC approved modified interim adjustments to Entergy Mississippi’s energy cost recovery rider and power management rider. The MPSC approved dividing the energy cost recovery rider interim adjustment into two components that would allow Entergy Mississippi to 1) recover a natural gas fuel rate that is better aligned with current prices and 2) recover the estimated under-recovered deferred fuel balance as of September 30, 2022 over a period of 20 months. The MPSC approved six monthly incremental adjustments to the net energy cost factor designed to reflect the recovery of a higher natural gas price. The MPSC also approved six monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance. Entergy Mississippi will not file its annual redetermination of the energy cost recovery rider or the power management rider in November 2022. Entergy Mississippi’s November 2023 annual redetermination will not reflect any part of the estimated under-recovered deferred fuel balance as of September 30, 2022; it will only reflect any over/under recovery that accumulates after September 2022. The November 2024 annual redetermination will include the total deferred fuel balance, including any over- or under-recovery of the deferred fuel balance as of September 30, 2022. 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. In September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 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. In October 2022 other parties filed their testimony recommending various adjustments to Entergy Arkansas’s overall proposed revenue deficiency, and Entergy Arkansas filed a response including an update to actual revenues through August 2022, which raised the constraint to $79.8 million. In November 2022, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $102.8 million, including a $87.7 million increase for the 2023 projected year and a $15.2 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $79.8 million. The APSC will rule on the settlement at a later date. A hearing is currently scheduled for November 2022. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of September 30, 2022, Entergy Arkansas had a regulatory asset of $39 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. In August 2022 the LPSC staff filed a list of objections/reservations, including outstanding issues from the test years 2017-2020 formula rate plan filings, utilizing the extraordinary cost mechanism to address one-time changes such as state tax rate changes, and failing to include an adjustment for revenues not received as a result of Hurricane Ida. Subject to refund and LPSC review, the resulting changes to formula rate plan revenues became 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 September 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, Entergy Mississippi recorded regulatory credits of $22.6 million to reflect the effects of the joint stipulation. In August 2022 an intervenor filed a statutorily-authorized direct appeal to the Mississippi Supreme Court seeking review of the MPSC’s July 2022 order approving the joint stipulation confirming Entergy Mississippi’s 2022 formula rate plan filing. The rates that went into effect in August 2022 are not stayed or otherwise impacted while the appeal is pending. 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. In November 2022 the MPSC approved Entergy Mississippi’s July 2022 compliance filing and authorized the recovery of the costs of the Sunflower Solar facility through the interim capacity rate adjustment mechanism in the formula rate plan with rates effective in December 2022. 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. Entergy Mississippi began recovery of the bad debt expense deferral resulting from the COVID-19 pandemic over a three-year period with implementation of the interim formula rate plan rates in April 2022. As of September 30, 2022, Entergy Mississippi had a remaining regulatory asset of $10.9 million for costs associated with the COVID-19 pandemic. 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 sought 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 sought 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. Effective with the first billing cycle of September 2022, Entergy New Orleans implemented rates reflecting an amount agreed upon by Entergy New Orleans and the City Council including adjustments filed in the City Council’s advisors’ report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented was $24.7 million, which includes an increase of $18.2 million in electric revenues, $4.7 million in previously approved electric revenues, and an increase of $1.8 million in gas revenues. Additionally, credits of $13.9 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over an eight-month period beginning September 2022. 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 September 30, 2022, Entergy New Orleans had a regulatory asset of $13.9 million for costs associated with the COVID-19 pandemic. As part of the agreed-upon terms of its 2022 formula rate plan filing, Entergy New Orleans will recover this regulatory asset over a five-year period beginning September 2023. 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 a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase 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. In October 2022 intervenors filed direct testimony challenging and supporting various aspects of Entergy Texas’s rate case application. The key issues addressed included the appropriate return on equity, generation plant deactivations, depreciation rates, and proposed tariffs related to electric vehicles. In November 2022 the PUCT staff filed direct testimony addressing a similar set of issues and recommending a reduction of $50.7 million to Entergy Texas’s overall cost of service associated with the requested net increase in base rates of approximately $131.4 million. Entergy Texas will file rebuttal testimony in November 2022. A hearing on the merits is scheduled for December 2022. If a settlement is not reached, a final decision by the PUCT is expected in second quarter 2023. 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 amended rider was 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 then-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 amended rider was 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 then-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 the PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. The PUCT approved the relate-back rider consistent with Entergy Texas’s as-filed request, and rates became effective over a five month period, in August 2022. 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. The PUCT approved the settlement agreement and rates became effective in August 2022. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. 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 September 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. In August 2022 the APSC filed a motion for summary judgment arguing that there is no genuine issue as to any material fact and the APSC is entitled to judgment as a matter of law. In September 2022, Entergy Arkansas filed an opposition to the motion. In October 2022 the APSC filed a motion asking the court to hold further proceedings in abeyance pending a decision on the motions for summary judgment filed by Entergy Arkansas and the APSC. Also in October 2022, Entergy Arkansas filed an opposition to the motion, and the APSC filed a reply in support of its motion for summary judgment. 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
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 an 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 submitted a joint report on the audit report and draft order to the LPSC concluding that Entergy Louisiana’s gas distribution operations and fuel costs were not significantly adversely affected by the February 2021 winter storms and the resulting increase in natural gas prices. The LPSC issued an order approving the joint report in October 2022. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $225 million of fuel expense incurred in April, May, June, July, August, and September 2022 (as reflected on June, July, August, September, October, and November 2022 bills). These deferrals were included in the over/under calculation of the fuel adjustment clause, which is intended to recover the full amount of the costs included on a rolling twelve-month basis. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC ” below for discussion of the partial 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. System Energy requested an order from the FERC by November 2022. Entergy Mississippi had a deferred fuel balance of approximately $291.7 million under the energy cost recovery rider as of July 31, 2022, along with an over-recovery balance of $51.1 million under the power management rider. Without further action, Entergy Mississippi anticipated a year-end deferred fuel balance of approximately $200 million after application of a portion of the System Energy settlement proceeds, as discussed above. In September 2022, Entergy Mississippi filed for interim adjustments under both the energy cost recovery rider and the power management rider. Entergy Mississippi proposed five monthly incremental adjustments to the net energy cost factor designed to collect the under-recovered fuel balance as of July 31, 2022 and to reflect the recovery of a higher natural gas price. Entergy Mississippi also proposed five monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance as of July 31, 2022. In October 2022 the MPSC approved modified interim adjustments to Entergy Mississippi’s energy cost recovery rider and power management rider. The MPSC approved dividing the energy cost recovery rider interim adjustment into two components that would allow Entergy Mississippi to 1) recover a natural gas fuel rate that is better aligned with current prices and 2) recover the estimated under-recovered deferred fuel balance as of September 30, 2022 over a period of 20 months. The MPSC approved six monthly incremental adjustments to the net energy cost factor designed to reflect the recovery of a higher natural gas price. The MPSC also approved six monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance. Entergy Mississippi will not file its annual redetermination of the energy cost recovery rider or the power management rider in November 2022. Entergy Mississippi’s November 2023 annual redetermination will not reflect any part of the estimated under-recovered deferred fuel balance as of September 30, 2022; it will only reflect any over/under recovery that accumulates after September 2022. The November 2024 annual redetermination will include the total deferred fuel balance, including any over- or under-recovery of the deferred fuel balance as of September 30, 2022. 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. In September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 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. In October 2022 other parties filed their testimony recommending various adjustments to Entergy Arkansas’s overall proposed revenue deficiency, and Entergy Arkansas filed a response including an update to actual revenues through August 2022, which raised the constraint to $79.8 million. In November 2022, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $102.8 million, including a $87.7 million increase for the 2023 projected year and a $15.2 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $79.8 million. The APSC will rule on the settlement at a later date. A hearing is currently scheduled for November 2022. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of September 30, 2022, Entergy Arkansas had a regulatory asset of $39 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. In August 2022 the LPSC staff filed a list of objections/reservations, including outstanding issues from the test years 2017-2020 formula rate plan filings, utilizing the extraordinary cost mechanism to address one-time changes such as state tax rate changes, and failing to include an adjustment for revenues not received as a result of Hurricane Ida. Subject to refund and LPSC review, the resulting changes to formula rate plan revenues became 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 September 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, Entergy Mississippi recorded regulatory credits of $22.6 million to reflect the effects of the joint stipulation. In August 2022 an intervenor filed a statutorily-authorized direct appeal to the Mississippi Supreme Court seeking review of the MPSC’s July 2022 order approving the joint stipulation confirming Entergy Mississippi’s 2022 formula rate plan filing. The rates that went into effect in August 2022 are not stayed or otherwise impacted while the appeal is pending. 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. In November 2022 the MPSC approved Entergy Mississippi’s July 2022 compliance filing and authorized the recovery of the costs of the Sunflower Solar facility through the interim capacity rate adjustment mechanism in the formula rate plan with rates effective in December 2022. 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. Entergy Mississippi began recovery of the bad debt expense deferral resulting from the COVID-19 pandemic over a three-year period with implementation of the interim formula rate plan rates in April 2022. As of September 30, 2022, Entergy Mississippi had a remaining regulatory asset of $10.9 million for costs associated with the COVID-19 pandemic. 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 sought 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 sought 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. Effective with the first billing cycle of September 2022, Entergy New Orleans implemented rates reflecting an amount agreed upon by Entergy New Orleans and the City Council including adjustments filed in the City Council’s advisors’ report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented was $24.7 million, which includes an increase of $18.2 million in electric revenues, $4.7 million in previously approved electric revenues, and an increase of $1.8 million in gas revenues. Additionally, credits of $13.9 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over an eight-month period beginning September 2022. 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 September 30, 2022, Entergy New Orleans had a regulatory asset of $13.9 million for costs associated with the COVID-19 pandemic. As part of the agreed-upon terms of its 2022 formula rate plan filing, Entergy New Orleans will recover this regulatory asset over a five-year period beginning September 2023. 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 a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase 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. In October 2022 intervenors filed direct testimony challenging and supporting various aspects of Entergy Texas’s rate case application. The key issues addressed included the appropriate return on equity, generation plant deactivations, depreciation rates, and proposed tariffs related to electric vehicles. In November 2022 the PUCT staff filed direct testimony addressing a similar set of issues and recommending a reduction of $50.7 million to Entergy Texas’s overall cost of service associated with the requested net increase in base rates of approximately $131.4 million. Entergy Texas will file rebuttal testimony in November 2022. A hearing on the merits is scheduled for December 2022. If a settlement is not reached, a final decision by the PUCT is expected in second quarter 2023. 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 amended rider was 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 then-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 amended rider was 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 then-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 the PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. The PUCT approved the relate-back rider consistent with Entergy Texas’s as-filed request, and rates became effective over a five month period, in August 2022. 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. The PUCT approved the settlement agreement and rates became effective in August 2022. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. 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 September 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. In August 2022 the APSC filed a motion for summary judgment arguing that there is no genuine issue as to any material fact and the APSC is entitled to judgment as a matter of law. In September 2022, Entergy Arkansas filed an opposition to the motion. In October 2022 the APSC filed a motion asking the court to hold further proceedings in abeyance pending a decision on the motions for summary judgment filed by Entergy Arkansas and the APSC. Also in October 2022, Entergy Arkansas filed an opposition to the motion, and the APSC filed a reply in support of its motion for summary judgment. 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
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 an 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 submitted a joint report on the audit report and draft order to the LPSC concluding that Entergy Louisiana’s gas distribution operations and fuel costs were not significantly adversely affected by the February 2021 winter storms and the resulting increase in natural gas prices. The LPSC issued an order approving the joint report in October 2022. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $225 million of fuel expense incurred in April, May, June, July, August, and September 2022 (as reflected on June, July, August, September, October, and November 2022 bills). These deferrals were included in the over/under calculation of the fuel adjustment clause, which is intended to recover the full amount of the costs included on a rolling twelve-month basis. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC ” below for discussion of the partial 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. System Energy requested an order from the FERC by November 2022. Entergy Mississippi had a deferred fuel balance of approximately $291.7 million under the energy cost recovery rider as of July 31, 2022, along with an over-recovery balance of $51.1 million under the power management rider. Without further action, Entergy Mississippi anticipated a year-end deferred fuel balance of approximately $200 million after application of a portion of the System Energy settlement proceeds, as discussed above. In September 2022, Entergy Mississippi filed for interim adjustments under both the energy cost recovery rider and the power management rider. Entergy Mississippi proposed five monthly incremental adjustments to the net energy cost factor designed to collect the under-recovered fuel balance as of July 31, 2022 and to reflect the recovery of a higher natural gas price. Entergy Mississippi also proposed five monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance as of July 31, 2022. In October 2022 the MPSC approved modified interim adjustments to Entergy Mississippi’s energy cost recovery rider and power management rider. The MPSC approved dividing the energy cost recovery rider interim adjustment into two components that would allow Entergy Mississippi to 1) recover a natural gas fuel rate that is better aligned with current prices and 2) recover the estimated under-recovered deferred fuel balance as of September 30, 2022 over a period of 20 months. The MPSC approved six monthly incremental adjustments to the net energy cost factor designed to reflect the recovery of a higher natural gas price. The MPSC also approved six monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance. Entergy Mississippi will not file its annual redetermination of the energy cost recovery rider or the power management rider in November 2022. Entergy Mississippi’s November 2023 annual redetermination will not reflect any part of the estimated under-recovered deferred fuel balance as of September 30, 2022; it will only reflect any over/under recovery that accumulates after September 2022. The November 2024 annual redetermination will include the total deferred fuel balance, including any over- or under-recovery of the deferred fuel balance as of September 30, 2022. 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. In September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 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. In October 2022 other parties filed their testimony recommending various adjustments to Entergy Arkansas’s overall proposed revenue deficiency, and Entergy Arkansas filed a response including an update to actual revenues through August 2022, which raised the constraint to $79.8 million. In November 2022, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $102.8 million, including a $87.7 million increase for the 2023 projected year and a $15.2 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $79.8 million. The APSC will rule on the settlement at a later date. A hearing is currently scheduled for November 2022. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of September 30, 2022, Entergy Arkansas had a regulatory asset of $39 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. In August 2022 the LPSC staff filed a list of objections/reservations, including outstanding issues from the test years 2017-2020 formula rate plan filings, utilizing the extraordinary cost mechanism to address one-time changes such as state tax rate changes, and failing to include an adjustment for revenues not received as a result of Hurricane Ida. Subject to refund and LPSC review, the resulting changes to formula rate plan revenues became 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 September 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, Entergy Mississippi recorded regulatory credits of $22.6 million to reflect the effects of the joint stipulation. In August 2022 an intervenor filed a statutorily-authorized direct appeal to the Mississippi Supreme Court seeking review of the MPSC’s July 2022 order approving the joint stipulation confirming Entergy Mississippi’s 2022 formula rate plan filing. The rates that went into effect in August 2022 are not stayed or otherwise impacted while the appeal is pending. 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. In November 2022 the MPSC approved Entergy Mississippi’s July 2022 compliance filing and authorized the recovery of the costs of the Sunflower Solar facility through the interim capacity rate adjustment mechanism in the formula rate plan with rates effective in December 2022. 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. Entergy Mississippi began recovery of the bad debt expense deferral resulting from the COVID-19 pandemic over a three-year period with implementation of the interim formula rate plan rates in April 2022. As of September 30, 2022, Entergy Mississippi had a remaining regulatory asset of $10.9 million for costs associated with the COVID-19 pandemic. 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 sought 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 sought 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. Effective with the first billing cycle of September 2022, Entergy New Orleans implemented rates reflecting an amount agreed upon by Entergy New Orleans and the City Council including adjustments filed in the City Council’s advisors’ report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented was $24.7 million, which includes an increase of $18.2 million in electric revenues, $4.7 million in previously approved electric revenues, and an increase of $1.8 million in gas revenues. Additionally, credits of $13.9 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over an eight-month period beginning September 2022. 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 September 30, 2022, Entergy New Orleans had a regulatory asset of $13.9 million for costs associated with the COVID-19 pandemic. As part of the agreed-upon terms of its 2022 formula rate plan filing, Entergy New Orleans will recover this regulatory asset over a five-year period beginning September 2023. 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 a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase 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. In October 2022 intervenors filed direct testimony challenging and supporting various aspects of Entergy Texas’s rate case application. The key issues addressed included the appropriate return on equity, generation plant deactivations, depreciation rates, and proposed tariffs related to electric vehicles. In November 2022 the PUCT staff filed direct testimony addressing a similar set of issues and recommending a reduction of $50.7 million to Entergy Texas’s overall cost of service associated with the requested net increase in base rates of approximately $131.4 million. Entergy Texas will file rebuttal testimony in November 2022. A hearing on the merits is scheduled for December 2022. If a settlement is not reached, a final decision by the PUCT is expected in second quarter 2023. 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 amended rider was 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 then-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 amended rider was 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 then-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 the PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. The PUCT approved the relate-back rider consistent with Entergy Texas’s as-filed request, and rates became effective over a five month period, in August 2022. 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. The PUCT approved the settlement agreement and rates became effective in August 2022. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. 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 September 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. In August 2022 the APSC filed a motion for summary judgment arguing that there is no genuine issue as to any material fact and the APSC is entitled to judgment as a matter of law. In September 2022, Entergy Arkansas filed an opposition to the motion. In October 2022 the APSC filed a motion asking the court to hold further proceedings in abeyance pending a decision on the motions for summary judgment filed by Entergy Arkansas and the APSC. Also in October 2022, Entergy Arkansas filed an opposition to the motion, and the APSC filed a reply in support of its motion for summary judgment. 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
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 an 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 submitted a joint report on the audit report and draft order to the LPSC concluding that Entergy Louisiana’s gas distribution operations and fuel costs were not significantly adversely affected by the February 2021 winter storms and the resulting increase in natural gas prices. The LPSC issued an order approving the joint report in October 2022. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $225 million of fuel expense incurred in April, May, June, July, August, and September 2022 (as reflected on June, July, August, September, October, and November 2022 bills). These deferrals were included in the over/under calculation of the fuel adjustment clause, which is intended to recover the full amount of the costs included on a rolling twelve-month basis. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC ” below for discussion of the partial 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. System Energy requested an order from the FERC by November 2022. Entergy Mississippi had a deferred fuel balance of approximately $291.7 million under the energy cost recovery rider as of July 31, 2022, along with an over-recovery balance of $51.1 million under the power management rider. Without further action, Entergy Mississippi anticipated a year-end deferred fuel balance of approximately $200 million after application of a portion of the System Energy settlement proceeds, as discussed above. In September 2022, Entergy Mississippi filed for interim adjustments under both the energy cost recovery rider and the power management rider. Entergy Mississippi proposed five monthly incremental adjustments to the net energy cost factor designed to collect the under-recovered fuel balance as of July 31, 2022 and to reflect the recovery of a higher natural gas price. Entergy Mississippi also proposed five monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance as of July 31, 2022. In October 2022 the MPSC approved modified interim adjustments to Entergy Mississippi’s energy cost recovery rider and power management rider. The MPSC approved dividing the energy cost recovery rider interim adjustment into two components that would allow Entergy Mississippi to 1) recover a natural gas fuel rate that is better aligned with current prices and 2) recover the estimated under-recovered deferred fuel balance as of September 30, 2022 over a period of 20 months. The MPSC approved six monthly incremental adjustments to the net energy cost factor designed to reflect the recovery of a higher natural gas price. The MPSC also approved six monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance. Entergy Mississippi will not file its annual redetermination of the energy cost recovery rider or the power management rider in November 2022. Entergy Mississippi’s November 2023 annual redetermination will not reflect any part of the estimated under-recovered deferred fuel balance as of September 30, 2022; it will only reflect any over/under recovery that accumulates after September 2022. The November 2024 annual redetermination will include the total deferred fuel balance, including any over- or under-recovery of the deferred fuel balance as of September 30, 2022. 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. In September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 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. In October 2022 other parties filed their testimony recommending various adjustments to Entergy Arkansas’s overall proposed revenue deficiency, and Entergy Arkansas filed a response including an update to actual revenues through August 2022, which raised the constraint to $79.8 million. In November 2022, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $102.8 million, including a $87.7 million increase for the 2023 projected year and a $15.2 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $79.8 million. The APSC will rule on the settlement at a later date. A hearing is currently scheduled for November 2022. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of September 30, 2022, Entergy Arkansas had a regulatory asset of $39 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. In August 2022 the LPSC staff filed a list of objections/reservations, including outstanding issues from the test years 2017-2020 formula rate plan filings, utilizing the extraordinary cost mechanism to address one-time changes such as state tax rate changes, and failing to include an adjustment for revenues not received as a result of Hurricane Ida. Subject to refund and LPSC review, the resulting changes to formula rate plan revenues became 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 September 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, Entergy Mississippi recorded regulatory credits of $22.6 million to reflect the effects of the joint stipulation. In August 2022 an intervenor filed a statutorily-authorized direct appeal to the Mississippi Supreme Court seeking review of the MPSC’s July 2022 order approving the joint stipulation confirming Entergy Mississippi’s 2022 formula rate plan filing. The rates that went into effect in August 2022 are not stayed or otherwise impacted while the appeal is pending. 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. In November 2022 the MPSC approved Entergy Mississippi’s July 2022 compliance filing and authorized the recovery of the costs of the Sunflower Solar facility through the interim capacity rate adjustment mechanism in the formula rate plan with rates effective in December 2022. 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. Entergy Mississippi began recovery of the bad debt expense deferral resulting from the COVID-19 pandemic over a three-year period with implementation of the interim formula rate plan rates in April 2022. As of September 30, 2022, Entergy Mississippi had a remaining regulatory asset of $10.9 million for costs associated with the COVID-19 pandemic. 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 sought 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 sought 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. Effective with the first billing cycle of September 2022, Entergy New Orleans implemented rates reflecting an amount agreed upon by Entergy New Orleans and the City Council including adjustments filed in the City Council’s advisors’ report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented was $24.7 million, which includes an increase of $18.2 million in electric revenues, $4.7 million in previously approved electric revenues, and an increase of $1.8 million in gas revenues. Additionally, credits of $13.9 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over an eight-month period beginning September 2022. 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 September 30, 2022, Entergy New Orleans had a regulatory asset of $13.9 million for costs associated with the COVID-19 pandemic. As part of the agreed-upon terms of its 2022 formula rate plan filing, Entergy New Orleans will recover this regulatory asset over a five-year period beginning September 2023. 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 a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase 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. In October 2022 intervenors filed direct testimony challenging and supporting various aspects of Entergy Texas’s rate case application. The key issues addressed included the appropriate return on equity, generation plant deactivations, depreciation rates, and proposed tariffs related to electric vehicles. In November 2022 the PUCT staff filed direct testimony addressing a similar set of issues and recommending a reduction of $50.7 million to Entergy Texas’s overall cost of service associated with the requested net increase in base rates of approximately $131.4 million. Entergy Texas will file rebuttal testimony in November 2022. A hearing on the merits is scheduled for December 2022. If a settlement is not reached, a final decision by the PUCT is expected in second quarter 2023. 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 amended rider was 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 then-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 amended rider was 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 then-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 the PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. The PUCT approved the relate-back rider consistent with Entergy Texas’s as-filed request, and rates became effective over a five month period, in August 2022. 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. The PUCT approved the settlement agreement and rates became effective in August 2022. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. 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 September 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. In August 2022 the APSC filed a motion for summary judgment arguing that there is no genuine issue as to any material fact and the APSC is entitled to judgment as a matter of law. In September 2022, Entergy Arkansas filed an opposition to the motion. In October 2022 the APSC filed a motion asking the court to hold further proceedings in abeyance pending a decision on the motions for summary judgment filed by Entergy Arkansas and the APSC. Also in October 2022, Entergy Arkansas filed an opposition to the motion, and the APSC filed a reply in support of its motion for summary judgment. 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
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 an 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 submitted a joint report on the audit report and draft order to the LPSC concluding that Entergy Louisiana’s gas distribution operations and fuel costs were not significantly adversely affected by the February 2021 winter storms and the resulting increase in natural gas prices. The LPSC issued an order approving the joint report in October 2022. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $225 million of fuel expense incurred in April, May, June, July, August, and September 2022 (as reflected on June, July, August, September, October, and November 2022 bills). These deferrals were included in the over/under calculation of the fuel adjustment clause, which is intended to recover the full amount of the costs included on a rolling twelve-month basis. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC ” below for discussion of the partial 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. System Energy requested an order from the FERC by November 2022. Entergy Mississippi had a deferred fuel balance of approximately $291.7 million under the energy cost recovery rider as of July 31, 2022, along with an over-recovery balance of $51.1 million under the power management rider. Without further action, Entergy Mississippi anticipated a year-end deferred fuel balance of approximately $200 million after application of a portion of the System Energy settlement proceeds, as discussed above. In September 2022, Entergy Mississippi filed for interim adjustments under both the energy cost recovery rider and the power management rider. Entergy Mississippi proposed five monthly incremental adjustments to the net energy cost factor designed to collect the under-recovered fuel balance as of July 31, 2022 and to reflect the recovery of a higher natural gas price. Entergy Mississippi also proposed five monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance as of July 31, 2022. In October 2022 the MPSC approved modified interim adjustments to Entergy Mississippi’s energy cost recovery rider and power management rider. The MPSC approved dividing the energy cost recovery rider interim adjustment into two components that would allow Entergy Mississippi to 1) recover a natural gas fuel rate that is better aligned with current prices and 2) recover the estimated under-recovered deferred fuel balance as of September 30, 2022 over a period of 20 months. The MPSC approved six monthly incremental adjustments to the net energy cost factor designed to reflect the recovery of a higher natural gas price. The MPSC also approved six monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance. Entergy Mississippi will not file its annual redetermination of the energy cost recovery rider or the power management rider in November 2022. Entergy Mississippi’s November 2023 annual redetermination will not reflect any part of the estimated under-recovered deferred fuel balance as of September 30, 2022; it will only reflect any over/under recovery that accumulates after September 2022. The November 2024 annual redetermination will include the total deferred fuel balance, including any over- or under-recovery of the deferred fuel balance as of September 30, 2022. 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. In September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 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. In October 2022 other parties filed their testimony recommending various adjustments to Entergy Arkansas’s overall proposed revenue deficiency, and Entergy Arkansas filed a response including an update to actual revenues through August 2022, which raised the constraint to $79.8 million. In November 2022, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $102.8 million, including a $87.7 million increase for the 2023 projected year and a $15.2 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $79.8 million. The APSC will rule on the settlement at a later date. A hearing is currently scheduled for November 2022. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of September 30, 2022, Entergy Arkansas had a regulatory asset of $39 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. In August 2022 the LPSC staff filed a list of objections/reservations, including outstanding issues from the test years 2017-2020 formula rate plan filings, utilizing the extraordinary cost mechanism to address one-time changes such as state tax rate changes, and failing to include an adjustment for revenues not received as a result of Hurricane Ida. Subject to refund and LPSC review, the resulting changes to formula rate plan revenues became 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 September 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, Entergy Mississippi recorded regulatory credits of $22.6 million to reflect the effects of the joint stipulation. In August 2022 an intervenor filed a statutorily-authorized direct appeal to the Mississippi Supreme Court seeking review of the MPSC’s July 2022 order approving the joint stipulation confirming Entergy Mississippi’s 2022 formula rate plan filing. The rates that went into effect in August 2022 are not stayed or otherwise impacted while the appeal is pending. 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. In November 2022 the MPSC approved Entergy Mississippi’s July 2022 compliance filing and authorized the recovery of the costs of the Sunflower Solar facility through the interim capacity rate adjustment mechanism in the formula rate plan with rates effective in December 2022. 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. Entergy Mississippi began recovery of the bad debt expense deferral resulting from the COVID-19 pandemic over a three-year period with implementation of the interim formula rate plan rates in April 2022. As of September 30, 2022, Entergy Mississippi had a remaining regulatory asset of $10.9 million for costs associated with the COVID-19 pandemic. 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 sought 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 sought 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. Effective with the first billing cycle of September 2022, Entergy New Orleans implemented rates reflecting an amount agreed upon by Entergy New Orleans and the City Council including adjustments filed in the City Council’s advisors’ report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented was $24.7 million, which includes an increase of $18.2 million in electric revenues, $4.7 million in previously approved electric revenues, and an increase of $1.8 million in gas revenues. Additionally, credits of $13.9 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over an eight-month period beginning September 2022. 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 September 30, 2022, Entergy New Orleans had a regulatory asset of $13.9 million for costs associated with the COVID-19 pandemic. As part of the agreed-upon terms of its 2022 formula rate plan filing, Entergy New Orleans will recover this regulatory asset over a five-year period beginning September 2023. 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 a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase 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. In October 2022 intervenors filed direct testimony challenging and supporting various aspects of Entergy Texas’s rate case application. The key issues addressed included the appropriate return on equity, generation plant deactivations, depreciation rates, and proposed tariffs related to electric vehicles. In November 2022 the PUCT staff filed direct testimony addressing a similar set of issues and recommending a reduction of $50.7 million to Entergy Texas’s overall cost of service associated with the requested net increase in base rates of approximately $131.4 million. Entergy Texas will file rebuttal testimony in November 2022. A hearing on the merits is scheduled for December 2022. If a settlement is not reached, a final decision by the PUCT is expected in second quarter 2023. 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 amended rider was 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 then-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 amended rider was 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 then-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 the PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. The PUCT approved the relate-back rider consistent with Entergy Texas’s as-filed request, and rates became effective over a five month period, in August 2022. 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. The PUCT approved the settlement agreement and rates became effective in August 2022. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. 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 September 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. In August 2022 the APSC filed a motion for summary judgment arguing that there is no genuine issue as to any material fact and the APSC is entitled to judgment as a matter of law. In September 2022, Entergy Arkansas filed an opposition to the motion. In October 2022 the APSC filed a motion asking the court to hold further proceedings in abeyance pending a decision on the motions for summary judgment filed by Entergy Arkansas and the APSC. Also in October 2022, Entergy Arkansas filed an opposition to the motion, and the APSC filed a reply in support of its motion for summary judgment. 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
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 an 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 submitted a joint report on the audit report and draft order to the LPSC concluding that Entergy Louisiana’s gas distribution operations and fuel costs were not significantly adversely affected by the February 2021 winter storms and the resulting increase in natural gas prices. The LPSC issued an order approving the joint report in October 2022. To mitigate high electric bills, primarily driven by high summer usage and elevated gas prices, Entergy Louisiana has deferred approximately $225 million of fuel expense incurred in April, May, June, July, August, and September 2022 (as reflected on June, July, August, September, October, and November 2022 bills). These deferrals were included in the over/under calculation of the fuel adjustment clause, which is intended to recover the full amount of the costs included on a rolling twelve-month basis. Entergy Mississippi See “ Complaints Against System Energy - System Energy Settlement with the MPSC ” below for discussion of the partial 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. System Energy requested an order from the FERC by November 2022. Entergy Mississippi had a deferred fuel balance of approximately $291.7 million under the energy cost recovery rider as of July 31, 2022, along with an over-recovery balance of $51.1 million under the power management rider. Without further action, Entergy Mississippi anticipated a year-end deferred fuel balance of approximately $200 million after application of a portion of the System Energy settlement proceeds, as discussed above. In September 2022, Entergy Mississippi filed for interim adjustments under both the energy cost recovery rider and the power management rider. Entergy Mississippi proposed five monthly incremental adjustments to the net energy cost factor designed to collect the under-recovered fuel balance as of July 31, 2022 and to reflect the recovery of a higher natural gas price. Entergy Mississippi also proposed five monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance as of July 31, 2022. In October 2022 the MPSC approved modified interim adjustments to Entergy Mississippi’s energy cost recovery rider and power management rider. The MPSC approved dividing the energy cost recovery rider interim adjustment into two components that would allow Entergy Mississippi to 1) recover a natural gas fuel rate that is better aligned with current prices and 2) recover the estimated under-recovered deferred fuel balance as of September 30, 2022 over a period of 20 months. The MPSC approved six monthly incremental adjustments to the net energy cost factor designed to reflect the recovery of a higher natural gas price. The MPSC also approved six monthly incremental adjustments to the power management adjustment factor designed to flow through to customers the over-recovered power management rider balance. Entergy Mississippi will not file its annual redetermination of the energy cost recovery rider or the power management rider in November 2022. Entergy Mississippi’s November 2023 annual redetermination will not reflect any part of the estimated under-recovered deferred fuel balance as of September 30, 2022; it will only reflect any over/under recovery that accumulates after September 2022. The November 2024 annual redetermination will include the total deferred fuel balance, including any over- or under-recovery of the deferred fuel balance as of September 30, 2022. 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. In September 2022, Entergy Texas filed an application with the PUCT to reconcile its fuel and purchased power costs for the period from April 2019 through March 2022. During the reconciliation period, Entergy Texas incurred approximately $1.7 billion in eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. As of the end of the reconciliation period, Entergy Texas’s cumulative under-recovery balance was approximately $103.1 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2022, pending future surcharges or refunds as approved by the PUCT. A PUCT decision is expected in September 2023. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 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. In October 2022 other parties filed their testimony recommending various adjustments to Entergy Arkansas’s overall proposed revenue deficiency, and Entergy Arkansas filed a response including an update to actual revenues through August 2022, which raised the constraint to $79.8 million. In November 2022, Entergy Arkansas filed with the APSC a settlement agreement reached with other parties resolving all issues in the proceeding. As a result of the settlement agreement, the total proposed revenue change is $102.8 million, including a $87.7 million increase for the 2023 projected year and a $15.2 million netting adjustment. Because Entergy Arkansas’s revenue requirement exceeded the constraint, the resulting increase is limited to $79.8 million. The APSC will rule on the settlement at a later date. A hearing is currently scheduled for November 2022. COVID-19 Orders See the Form 10-K for discussion of APSC orders issued in light of the COVID-19 pandemic. As of September 30, 2022, Entergy Arkansas had a regulatory asset of $39 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. In August 2022 the LPSC staff filed a list of objections/reservations, including outstanding issues from the test years 2017-2020 formula rate plan filings, utilizing the extraordinary cost mechanism to address one-time changes such as state tax rate changes, and failing to include an adjustment for revenues not received as a result of Hurricane Ida. Subject to refund and LPSC review, the resulting changes to formula rate plan revenues became 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 September 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, Entergy Mississippi recorded regulatory credits of $22.6 million to reflect the effects of the joint stipulation. In August 2022 an intervenor filed a statutorily-authorized direct appeal to the Mississippi Supreme Court seeking review of the MPSC’s July 2022 order approving the joint stipulation confirming Entergy Mississippi’s 2022 formula rate plan filing. The rates that went into effect in August 2022 are not stayed or otherwise impacted while the appeal is pending. 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. In November 2022 the MPSC approved Entergy Mississippi’s July 2022 compliance filing and authorized the recovery of the costs of the Sunflower Solar facility through the interim capacity rate adjustment mechanism in the formula rate plan with rates effective in December 2022. 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. Entergy Mississippi began recovery of the bad debt expense deferral resulting from the COVID-19 pandemic over a three-year period with implementation of the interim formula rate plan rates in April 2022. As of September 30, 2022, Entergy Mississippi had a remaining regulatory asset of $10.9 million for costs associated with the COVID-19 pandemic. 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 sought 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 sought 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. Effective with the first billing cycle of September 2022, Entergy New Orleans implemented rates reflecting an amount agreed upon by Entergy New Orleans and the City Council including adjustments filed in the City Council’s advisors’ report, per the approved process for formula rate plan implementation. The total formula rate plan increase implemented was $24.7 million, which includes an increase of $18.2 million in electric revenues, $4.7 million in previously approved electric revenues, and an increase of $1.8 million in gas revenues. Additionally, credits of $13.9 million funded by certain regulatory liabilities currently held by Entergy New Orleans for customers will be issued over an eight-month period beginning September 2022. 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 September 30, 2022, Entergy New Orleans had a regulatory asset of $13.9 million for costs associated with the COVID-19 pandemic. As part of the agreed-upon terms of its 2022 formula rate plan filing, Entergy New Orleans will recover this regulatory asset over a five-year period beginning September 2023. 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 a net increase in base rates of approximately $131.4 million. The base rate case was based on a 12-month test year ending December 31, 2021. Key drivers of the requested increase 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. In October 2022 intervenors filed direct testimony challenging and supporting various aspects of Entergy Texas’s rate case application. The key issues addressed included the appropriate return on equity, generation plant deactivations, depreciation rates, and proposed tariffs related to electric vehicles. In November 2022 the PUCT staff filed direct testimony addressing a similar set of issues and recommending a reduction of $50.7 million to Entergy Texas’s overall cost of service associated with the requested net increase in base rates of approximately $131.4 million. Entergy Texas will file rebuttal testimony in November 2022. A hearing on the merits is scheduled for December 2022. If a settlement is not reached, a final decision by the PUCT is expected in second quarter 2023. 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 amended rider was 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 then-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 amended rider was 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 then-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 the PUCT staff filed a joint proposed order that supports approval of Entergy Texas’s as-filed request. The PUCT approved the relate-back rider consistent with Entergy Texas’s as-filed request, and rates became effective over a five month period, in August 2022. 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. The PUCT approved the settlement agreement and rates became effective in August 2022. In September 2022, Entergy Texas filed a relate-back rider designed to collect over three months an additional approximately $5.7 million, which is the revenue requirement, plus carrying costs, associated with Entergy Texas’s acquisition of Hardin County Peaking Facility from June 2021 through August 2022 when the updated revenue requirement took effect. 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 September 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. In August 2022 the APSC filed a motion for summary judgment arguing that there is no genuine issue as to any material fact and the APSC is entitled to judgment as a matter of law. In September 2022, Entergy Arkansas filed an opposition to the motion. In October 2022 the APSC filed a motion asking the court to hold further proceedings in abeyance pending a decision on the motions for summary judgment filed by Entergy Arkansas and the APSC. Also in October 2022, Entergy Arkansas filed an opposition to the motion, and the APSC filed a reply in support of its motion for summary judgment. 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

Equity

Equity	9 Months Ended
	Sep. 30, 2022
Equity	EQUITY (Entergy Corporation, Entergy Louisiana, and Entergy Mississippi) Common Stock Earnings per Share The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Three Months Ended September 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $560.6 203.4 $2.76 $531.0 201.0 $2.64 Average dilutive effect of: Stock options 0.5 (0.01) 0.4 — Other equity plans 0.6 (0.01) 0.6 (0.01) Equity Forwards 0.1 — — — Diluted earnings per share $560.6 204.6 $2.74 $531.0 202.0 $2.63 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 three months ended September 30, 2022 and approximately 1 million for the three months ended September 30, 2021. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Nine Months Ended September 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $996.7 203.3 $4.90 $859.6 200.8 $4.28 Average dilutive effect of: Stock options 0.5 (0.01) 0.4 (0.01) Other equity plans 0.5 (0.01) 0.4 (0.01) Equity forwards 0.1 — — — Diluted earnings per share $996.7 204.4 $4.88 $859.6 201.6 $4.26 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 nine months ended September 30, 2022 and approximately 1 million for the nine months ended September 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 September 30, 2022 and $0.95 for the three months ended September 30, 2021. Dividends declared per common share were $3.03 for the nine months ended September 30, 2022 and $2.85 for the nine months ended September 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 the aggregate gross sales price authorized under the at the market equity distribution program by $1 billion. As of September 30, 2022, an aggregate gross sales price of approximately $1,077.8 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 nine months ended September 30, 2022, there were no shares of common stock issued under the at the market equity distribution program. During the nine months ended September 30, 2021, Entergy Corporation issued 265,468 shares of common stock under the at the market equity distribution program. The net sales proceeds from these shares totaled $26.8 million, which includes the gross sales price of $28.2 million received by Entergy Corporation less $1.1 million of general issuance costs and $0.3 million of aggregate compensation to the agents with respect to such sales. In June 2021, Entergy entered into a forward sale agreement for 416,853 shares of common stock. The forward sale agreement was amended in August 2022 to extend the duration of the forward sale agreement by one year. 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, 2023, 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. In August and October 2021, Entergy entered into forward sale agreements for 1,692,555 and 250,743 shares of common stock, respectively. The forward sale agreements were amended in August 2022 to extend the duration of the forward sale agreements by one year. No amounts have or will be recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the equity forward sale agreements occur. In each case, the forward sale agreement requires Entergy to, at its election prior to September 30, 2023, either (i) physically settle the transactions by issuing the total of 1,692,555 and 250,743 shares, respectively, of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the respective forward sale agreement (initially approximately $111.16 and $100.35 per share, respectively) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The forward sale price is subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the respective forward sale agreement. In connection with the forward sale agreements, the forward seller, or its affiliates, borrowed from third parties and sold 1,692,555 and 250,743 shares, respectively, of Entergy Corporation’s common stock. The gross sales price of these shares totaled $190.1 million and $25.4 million, respectively. In connection with the sales of these shares, Entergy paid the forward sellers fees of $1.9 million and $0.3 million, respectively, which have not been deducted from the gross sales prices. Entergy did not receive any proceeds from such sales of borrowed shares. 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 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 September 2022, Entergy entered into a forward sale agreement for 1,666,172 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 1,666,172 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 $115.46 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 1,666,172 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $194.2 million. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $1.9 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. Until settlement of the forward sale agreements, earnings per share dilution resulting from the 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 nine months ended September 30, 2022, approximately 4.8 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 nine months ended September 30, 2022, Entergy Corporation issued 829,048 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards. Entergy Corporation did not repurchase any of its common stock during the nine months ended September 30, 2022. Retained Earnings On October 28, 2022, Entergy Corporation’s Board of Directors declared a common stock dividend of $1.07 per share, payable on December 1, 2022 to holders of record as of November 14, 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 September 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2022 ($987) ($324,274) $1,223 ($324,038) Other comprehensive income (loss) before reclassifications (14) — (1,223) (1,237) Amounts reclassified from accumulated other comprehensive income (loss) 38 11,867 — 11,905 Net other comprehensive income (loss) for the period 24 11,867 (1,223) 10,668 Ending balance, September 30, 2022 ($963) ($312,407) $— ($313,370) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2021 ($1,083) ($489,511) $11,855 ($478,739) Other comprehensive income (loss) before reclassifications (14) — (2,173) (2,187) Amounts reclassified from accumulated other comprehensive income (loss) 38 8,838 11 8,887 Net other comprehensive income (loss) for the period 24 8,838 (2,162) 6,700 Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 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 (42) — (12,997) (13,039) Amounts reclassified from accumulated other comprehensive income (loss) 114 26,240 5,843 32,197 Net other comprehensive income (loss) for the period 72 26,240 (7,154) 19,158 Ending balance, September 30, 2022 ($963) ($312,407) $— ($313,370) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2021 $28,719 ($534,576) $56,650 ($449,207) Other comprehensive income (loss) before reclassifications 1,454 — (46,826) (45,372) Amounts reclassified from accumulated other comprehensive income (loss) (31,232) 53,903 (131) 22,540 Net other comprehensive income (loss) for the period (29,778) 53,903 (46,957) (22,832) Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended September 30, 2022 and 2021: Pension and Other 2022 2021 (In Thousands) Beginning balance, July 1, $7,174 $4,508 Amounts reclassified from accumulated other comprehensive income (loss) 295 (131) Net other comprehensive income (loss) for the period 295 (131) Ending balance, September 30, $7,469 $4,377 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the nine months ended September 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) (809) 50 Net other comprehensive income (loss) for the period (809) 50 Ending balance, September 30, $7,469 $4,377 Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended September 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 $— $— Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges (48) (48) Income taxes 10 10 Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($38) ($38) Pension and other postretirement liabilities Amortization of prior-service credit $3,837 $5,248 (a) Amortization of loss (4,870) (13,490) (a) Settlement loss (14,339) (3,192) (a) Total amortization (15,372) (11,434) Income taxes 3,505 2,596 Income taxes Total amortization (net of tax) ($11,867) ($8,838) Net unrealized investment gain (loss) Realized gain (loss) $— ($17) Interest and investment income Income taxes — 6 Income taxes Total realized investment gain (loss) (net of tax) $— ($11) Total reclassifications for the period (net of tax) ($11,905) ($8,887) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the nine months ended September 30, 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 (145) (145) Miscellaneous - net Total realized gain (loss) on cash flow hedges (145) 39,534 Income taxes 31 (8,302) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($114) $31,232 Pension and other postretirement liabilities Amortization of prior-service credit $11,511 $15,744 (a) Amortization of loss (29,774) (75,553) (a) Settlement loss (15,666) (9,235) (a) Total amortization (33,929) (69,044) Income taxes 7,689 15,141 Income taxes Total amortization (net of tax) ($26,240) ($53,903) Net unrealized investment gain (loss) Realized gain (loss) ($9,245) $207 Interest and investment income Income taxes 3,402 (76) Income taxes Total realized investment gain (loss) (net of tax) ($5,843) $131 Total reclassifications for the period (net of tax) ($32,197) ($22,540) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended September 30, 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 (222) (519) (a) Settlement loss (1,340) (534) (a) Total amortization (404) 177 Income taxes 109 (46) Income taxes Total amortization (net of tax) (295) 131 Total reclassifications for the period (net of tax) ($295) $131 (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the nine months ended September 30, 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 $3,474 $3,690 (a) Amortization of loss (849) (1,824) (a) Settlement loss (1,518) (1,934) (a) Total amortization 1,107 (68) Income taxes (298) 18 Income taxes Total amortization (net of tax) 809 (50) Total reclassifications for the period (net of tax) $809 ($50) (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 September 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Louisiana Noncontrolling Interest Restoration Law Trust I (a) $32,448 $— Total Noncontrolling Interest $32,448 $— (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 September 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Mississippi Noncontrolling Interest MS Sunflower Partnership, LLC (a) $478 $— Total Noncontrolling Interest $478 $— (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. Substantial completion of the Sunflower Solar facility was accepted by Entergy Mississippi in September 2022. A final payment of the purchase price is currently expected in fourth 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 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 per Share The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Three Months Ended September 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $560.6 203.4 $2.76 $531.0 201.0 $2.64 Average dilutive effect of: Stock options 0.5 (0.01) 0.4 — Other equity plans 0.6 (0.01) 0.6 (0.01) Equity Forwards 0.1 — — — Diluted earnings per share $560.6 204.6 $2.74 $531.0 202.0 $2.63 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 three months ended September 30, 2022 and approximately 1 million for the three months ended September 30, 2021. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Nine Months Ended September 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $996.7 203.3 $4.90 $859.6 200.8 $4.28 Average dilutive effect of: Stock options 0.5 (0.01) 0.4 (0.01) Other equity plans 0.5 (0.01) 0.4 (0.01) Equity forwards 0.1 — — — Diluted earnings per share $996.7 204.4 $4.88 $859.6 201.6 $4.26 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 nine months ended September 30, 2022 and approximately 1 million for the nine months ended September 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 September 30, 2022 and $0.95 for the three months ended September 30, 2021. Dividends declared per common share were $3.03 for the nine months ended September 30, 2022 and $2.85 for the nine months ended September 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 the aggregate gross sales price authorized under the at the market equity distribution program by $1 billion. As of September 30, 2022, an aggregate gross sales price of approximately $1,077.8 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 nine months ended September 30, 2022, there were no shares of common stock issued under the at the market equity distribution program. During the nine months ended September 30, 2021, Entergy Corporation issued 265,468 shares of common stock under the at the market equity distribution program. The net sales proceeds from these shares totaled $26.8 million, which includes the gross sales price of $28.2 million received by Entergy Corporation less $1.1 million of general issuance costs and $0.3 million of aggregate compensation to the agents with respect to such sales. In June 2021, Entergy entered into a forward sale agreement for 416,853 shares of common stock. The forward sale agreement was amended in August 2022 to extend the duration of the forward sale agreement by one year. 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, 2023, 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. In August and October 2021, Entergy entered into forward sale agreements for 1,692,555 and 250,743 shares of common stock, respectively. The forward sale agreements were amended in August 2022 to extend the duration of the forward sale agreements by one year. No amounts have or will be recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the equity forward sale agreements occur. In each case, the forward sale agreement requires Entergy to, at its election prior to September 30, 2023, either (i) physically settle the transactions by issuing the total of 1,692,555 and 250,743 shares, respectively, of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the respective forward sale agreement (initially approximately $111.16 and $100.35 per share, respectively) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The forward sale price is subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the respective forward sale agreement. In connection with the forward sale agreements, the forward seller, or its affiliates, borrowed from third parties and sold 1,692,555 and 250,743 shares, respectively, of Entergy Corporation’s common stock. The gross sales price of these shares totaled $190.1 million and $25.4 million, respectively. In connection with the sales of these shares, Entergy paid the forward sellers fees of $1.9 million and $0.3 million, respectively, which have not been deducted from the gross sales prices. Entergy did not receive any proceeds from such sales of borrowed shares. 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 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 September 2022, Entergy entered into a forward sale agreement for 1,666,172 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 1,666,172 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 $115.46 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 1,666,172 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $194.2 million. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $1.9 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. Until settlement of the forward sale agreements, earnings per share dilution resulting from the 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 nine months ended September 30, 2022, approximately 4.8 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 nine months ended September 30, 2022, Entergy Corporation issued 829,048 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards. Entergy Corporation did not repurchase any of its common stock during the nine months ended September 30, 2022. Retained Earnings On October 28, 2022, Entergy Corporation’s Board of Directors declared a common stock dividend of $1.07 per share, payable on December 1, 2022 to holders of record as of November 14, 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 September 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2022 ($987) ($324,274) $1,223 ($324,038) Other comprehensive income (loss) before reclassifications (14) — (1,223) (1,237) Amounts reclassified from accumulated other comprehensive income (loss) 38 11,867 — 11,905 Net other comprehensive income (loss) for the period 24 11,867 (1,223) 10,668 Ending balance, September 30, 2022 ($963) ($312,407) $— ($313,370) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2021 ($1,083) ($489,511) $11,855 ($478,739) Other comprehensive income (loss) before reclassifications (14) — (2,173) (2,187) Amounts reclassified from accumulated other comprehensive income (loss) 38 8,838 11 8,887 Net other comprehensive income (loss) for the period 24 8,838 (2,162) 6,700 Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 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 (42) — (12,997) (13,039) Amounts reclassified from accumulated other comprehensive income (loss) 114 26,240 5,843 32,197 Net other comprehensive income (loss) for the period 72 26,240 (7,154) 19,158 Ending balance, September 30, 2022 ($963) ($312,407) $— ($313,370) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2021 $28,719 ($534,576) $56,650 ($449,207) Other comprehensive income (loss) before reclassifications 1,454 — (46,826) (45,372) Amounts reclassified from accumulated other comprehensive income (loss) (31,232) 53,903 (131) 22,540 Net other comprehensive income (loss) for the period (29,778) 53,903 (46,957) (22,832) Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended September 30, 2022 and 2021: Pension and Other 2022 2021 (In Thousands) Beginning balance, July 1, $7,174 $4,508 Amounts reclassified from accumulated other comprehensive income (loss) 295 (131) Net other comprehensive income (loss) for the period 295 (131) Ending balance, September 30, $7,469 $4,377 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the nine months ended September 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) (809) 50 Net other comprehensive income (loss) for the period (809) 50 Ending balance, September 30, $7,469 $4,377 Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended September 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 $— $— Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges (48) (48) Income taxes 10 10 Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($38) ($38) Pension and other postretirement liabilities Amortization of prior-service credit $3,837 $5,248 (a) Amortization of loss (4,870) (13,490) (a) Settlement loss (14,339) (3,192) (a) Total amortization (15,372) (11,434) Income taxes 3,505 2,596 Income taxes Total amortization (net of tax) ($11,867) ($8,838) Net unrealized investment gain (loss) Realized gain (loss) $— ($17) Interest and investment income Income taxes — 6 Income taxes Total realized investment gain (loss) (net of tax) $— ($11) Total reclassifications for the period (net of tax) ($11,905) ($8,887) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the nine months ended September 30, 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 (145) (145) Miscellaneous - net Total realized gain (loss) on cash flow hedges (145) 39,534 Income taxes 31 (8,302) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($114) $31,232 Pension and other postretirement liabilities Amortization of prior-service credit $11,511 $15,744 (a) Amortization of loss (29,774) (75,553) (a) Settlement loss (15,666) (9,235) (a) Total amortization (33,929) (69,044) Income taxes 7,689 15,141 Income taxes Total amortization (net of tax) ($26,240) ($53,903) Net unrealized investment gain (loss) Realized gain (loss) ($9,245) $207 Interest and investment income Income taxes 3,402 (76) Income taxes Total realized investment gain (loss) (net of tax) ($5,843) $131 Total reclassifications for the period (net of tax) ($32,197) ($22,540) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended September 30, 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 (222) (519) (a) Settlement loss (1,340) (534) (a) Total amortization (404) 177 Income taxes 109 (46) Income taxes Total amortization (net of tax) (295) 131 Total reclassifications for the period (net of tax) ($295) $131 (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the nine months ended September 30, 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 $3,474 $3,690 (a) Amortization of loss (849) (1,824) (a) Settlement loss (1,518) (1,934) (a) Total amortization 1,107 (68) Income taxes (298) 18 Income taxes Total amortization (net of tax) 809 (50) Total reclassifications for the period (net of tax) $809 ($50) (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 September 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Louisiana Noncontrolling Interest Restoration Law Trust I (a) $32,448 $— Total Noncontrolling Interest $32,448 $— (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 September 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Mississippi Noncontrolling Interest MS Sunflower Partnership, LLC (a) $478 $— Total Noncontrolling Interest $478 $— (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. Substantial completion of the Sunflower Solar facility was accepted by Entergy Mississippi in September 2022. A final payment of the purchase price is currently expected in fourth 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 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 per Share The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Three Months Ended September 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $560.6 203.4 $2.76 $531.0 201.0 $2.64 Average dilutive effect of: Stock options 0.5 (0.01) 0.4 — Other equity plans 0.6 (0.01) 0.6 (0.01) Equity Forwards 0.1 — — — Diluted earnings per share $560.6 204.6 $2.74 $531.0 202.0 $2.63 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 three months ended September 30, 2022 and approximately 1 million for the three months ended September 30, 2021. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Nine Months Ended September 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $996.7 203.3 $4.90 $859.6 200.8 $4.28 Average dilutive effect of: Stock options 0.5 (0.01) 0.4 (0.01) Other equity plans 0.5 (0.01) 0.4 (0.01) Equity forwards 0.1 — — — Diluted earnings per share $996.7 204.4 $4.88 $859.6 201.6 $4.26 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 nine months ended September 30, 2022 and approximately 1 million for the nine months ended September 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 September 30, 2022 and $0.95 for the three months ended September 30, 2021. Dividends declared per common share were $3.03 for the nine months ended September 30, 2022 and $2.85 for the nine months ended September 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 the aggregate gross sales price authorized under the at the market equity distribution program by $1 billion. As of September 30, 2022, an aggregate gross sales price of approximately $1,077.8 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 nine months ended September 30, 2022, there were no shares of common stock issued under the at the market equity distribution program. During the nine months ended September 30, 2021, Entergy Corporation issued 265,468 shares of common stock under the at the market equity distribution program. The net sales proceeds from these shares totaled $26.8 million, which includes the gross sales price of $28.2 million received by Entergy Corporation less $1.1 million of general issuance costs and $0.3 million of aggregate compensation to the agents with respect to such sales. In June 2021, Entergy entered into a forward sale agreement for 416,853 shares of common stock. The forward sale agreement was amended in August 2022 to extend the duration of the forward sale agreement by one year. 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, 2023, 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. In August and October 2021, Entergy entered into forward sale agreements for 1,692,555 and 250,743 shares of common stock, respectively. The forward sale agreements were amended in August 2022 to extend the duration of the forward sale agreements by one year. No amounts have or will be recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the equity forward sale agreements occur. In each case, the forward sale agreement requires Entergy to, at its election prior to September 30, 2023, either (i) physically settle the transactions by issuing the total of 1,692,555 and 250,743 shares, respectively, of its common stock to the forward counterparty in exchange for net proceeds at the then-applicable forward sale price specified by the respective forward sale agreement (initially approximately $111.16 and $100.35 per share, respectively) or (ii) net settle the transaction in whole or in part through the delivery or receipt of cash or shares. The forward sale price is subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the respective forward sale agreement. In connection with the forward sale agreements, the forward seller, or its affiliates, borrowed from third parties and sold 1,692,555 and 250,743 shares, respectively, of Entergy Corporation’s common stock. The gross sales price of these shares totaled $190.1 million and $25.4 million, respectively. In connection with the sales of these shares, Entergy paid the forward sellers fees of $1.9 million and $0.3 million, respectively, which have not been deducted from the gross sales prices. Entergy did not receive any proceeds from such sales of borrowed shares. 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 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 September 2022, Entergy entered into a forward sale agreement for 1,666,172 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 1,666,172 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 $115.46 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 1,666,172 shares of Entergy Corporation’s common stock. The gross sales price of these shares totaled approximately $194.2 million. In connection with the sale of these shares, Entergy paid the forward sellers fees of approximately $1.9 million, which have not been deducted from the gross sales price. Entergy did not receive any proceeds from such sales of borrowed shares. Until settlement of the forward sale agreements, earnings per share dilution resulting from the 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 nine months ended September 30, 2022, approximately 4.8 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 nine months ended September 30, 2022, Entergy Corporation issued 829,048 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards. Entergy Corporation did not repurchase any of its common stock during the nine months ended September 30, 2022. Retained Earnings On October 28, 2022, Entergy Corporation’s Board of Directors declared a common stock dividend of $1.07 per share, payable on December 1, 2022 to holders of record as of November 14, 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 September 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2022 ($987) ($324,274) $1,223 ($324,038) Other comprehensive income (loss) before reclassifications (14) — (1,223) (1,237) Amounts reclassified from accumulated other comprehensive income (loss) 38 11,867 — 11,905 Net other comprehensive income (loss) for the period 24 11,867 (1,223) 10,668 Ending balance, September 30, 2022 ($963) ($312,407) $— ($313,370) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2021 ($1,083) ($489,511) $11,855 ($478,739) Other comprehensive income (loss) before reclassifications (14) — (2,173) (2,187) Amounts reclassified from accumulated other comprehensive income (loss) 38 8,838 11 8,887 Net other comprehensive income (loss) for the period 24 8,838 (2,162) 6,700 Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 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 (42) — (12,997) (13,039) Amounts reclassified from accumulated other comprehensive income (loss) 114 26,240 5,843 32,197 Net other comprehensive income (loss) for the period 72 26,240 (7,154) 19,158 Ending balance, September 30, 2022 ($963) ($312,407) $— ($313,370) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2021 $28,719 ($534,576) $56,650 ($449,207) Other comprehensive income (loss) before reclassifications 1,454 — (46,826) (45,372) Amounts reclassified from accumulated other comprehensive income (loss) (31,232) 53,903 (131) 22,540 Net other comprehensive income (loss) for the period (29,778) 53,903 (46,957) (22,832) Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended September 30, 2022 and 2021: Pension and Other 2022 2021 (In Thousands) Beginning balance, July 1, $7,174 $4,508 Amounts reclassified from accumulated other comprehensive income (loss) 295 (131) Net other comprehensive income (loss) for the period 295 (131) Ending balance, September 30, $7,469 $4,377 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the nine months ended September 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) (809) 50 Net other comprehensive income (loss) for the period (809) 50 Ending balance, September 30, $7,469 $4,377 Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended September 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 $— $— Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges (48) (48) Income taxes 10 10 Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($38) ($38) Pension and other postretirement liabilities Amortization of prior-service credit $3,837 $5,248 (a) Amortization of loss (4,870) (13,490) (a) Settlement loss (14,339) (3,192) (a) Total amortization (15,372) (11,434) Income taxes 3,505 2,596 Income taxes Total amortization (net of tax) ($11,867) ($8,838) Net unrealized investment gain (loss) Realized gain (loss) $— ($17) Interest and investment income Income taxes — 6 Income taxes Total realized investment gain (loss) (net of tax) $— ($11) Total reclassifications for the period (net of tax) ($11,905) ($8,887) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the nine months ended September 30, 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 (145) (145) Miscellaneous - net Total realized gain (loss) on cash flow hedges (145) 39,534 Income taxes 31 (8,302) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($114) $31,232 Pension and other postretirement liabilities Amortization of prior-service credit $11,511 $15,744 (a) Amortization of loss (29,774) (75,553) (a) Settlement loss (15,666) (9,235) (a) Total amortization (33,929) (69,044) Income taxes 7,689 15,141 Income taxes Total amortization (net of tax) ($26,240) ($53,903) Net unrealized investment gain (loss) Realized gain (loss) ($9,245) $207 Interest and investment income Income taxes 3,402 (76) Income taxes Total realized investment gain (loss) (net of tax) ($5,843) $131 Total reclassifications for the period (net of tax) ($32,197) ($22,540) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended September 30, 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 (222) (519) (a) Settlement loss (1,340) (534) (a) Total amortization (404) 177 Income taxes 109 (46) Income taxes Total amortization (net of tax) (295) 131 Total reclassifications for the period (net of tax) ($295) $131 (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the nine months ended September 30, 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 $3,474 $3,690 (a) Amortization of loss (849) (1,824) (a) Settlement loss (1,518) (1,934) (a) Total amortization 1,107 (68) Income taxes (298) 18 Income taxes Total amortization (net of tax) 809 (50) Total reclassifications for the period (net of tax) $809 ($50) (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 September 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Louisiana Noncontrolling Interest Restoration Law Trust I (a) $32,448 $— Total Noncontrolling Interest $32,448 $— (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 September 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Mississippi Noncontrolling Interest MS Sunflower Partnership, LLC (a) $478 $— Total Noncontrolling Interest $478 $— (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. Substantial completion of the Sunflower Solar facility was accepted by Entergy Mississippi in September 2022. A final payment of the purchase price is currently expected in fourth 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 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	9 Months Ended
	Sep. 30, 2022
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2022 was 2.39% on the drawn portion of the facility. As of September 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 September 30, 2022, Entergy Corporation had $1.387 billion of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2022 was 1.52%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 4.37% $— $— Entergy Arkansas June 2027 $150 million (c) 4.26% $— $— Entergy Louisiana June 2027 $350 million (c) 4.38% $— $— Entergy Mississippi April 2023 $45 million (d) 4.63% $— $— Entergy Mississippi April 2023 $40 million (d) 4.63% $— $— Entergy Mississippi April 2023 $10 million (d) 4.63% $— $— Entergy Mississippi July 2024 $150 million 3.97% $100 million $— Entergy New Orleans June 2024 $25 million (c) 4.74% $— $— Entergy Texas June 2027 $150 million (c) 4.38% $— $1.1 million (a) The interest rate is the estimated interest rate as of September 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 September 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $5.6 million Entergy Louisiana $125 million 0.78% $21.0 million Entergy Mississippi $65 million 0.78% $9.7 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $9.7 million (a) As of September 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2022, in addition to the $9.7 million MISO letters of credit, Entergy Mississippi had $1.0 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 September 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 $19 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 September 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2022 was 2.54% 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 September 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 2.21% $— Entergy Louisiana River Bend VIE June 2025 $105 1.75% $15.1 Entergy Louisiana Waterford VIE June 2025 $105 2.12% $72.2 System Energy VIE June 2025 $120 2.15% $83.9 (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 September 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 over the life of the loan 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. In August 2022, Entergy Louisiana issued $500 million of 4.75% Series mortgage bonds due September 2052. Entergy Louisiana expects to use the proceeds, together with other funds, to repay on or prior to maturity its $200 million of 3.30% Series mortgage bonds due December 2022, to repay on or prior to maturity a portion of its $665 million of 0.62% Series mortgage bonds due November 2023, to repay a portion of the debt outstanding under its $350 million long-term revolving credit facility, and for general corporate purposes. Entergy Louisiana intends to allocate an amount equal to the net proceeds from the issuance to finance and/or refinance, in whole or in part, existing or new eligible green projects. (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 weighted average interest rate for the nine months ended September 30, 2022 was 3.30%. Entergy Mississippi used the funds for general corporate purposes. (Entergy Texas) In August 2022, Entergy Texas issued $325 million of 5.00% Series mortgage bonds due September 2052. Entergy Texas expects to use the proceeds 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 nine months ended September 30, 2022 was 2.97%. 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 September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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	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) on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2022 was 2.39% on the drawn portion of the facility. As of September 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 September 30, 2022, Entergy Corporation had $1.387 billion of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2022 was 1.52%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 4.37% $— $— Entergy Arkansas June 2027 $150 million (c) 4.26% $— $— Entergy Louisiana June 2027 $350 million (c) 4.38% $— $— Entergy Mississippi April 2023 $45 million (d) 4.63% $— $— Entergy Mississippi April 2023 $40 million (d) 4.63% $— $— Entergy Mississippi April 2023 $10 million (d) 4.63% $— $— Entergy Mississippi July 2024 $150 million 3.97% $100 million $— Entergy New Orleans June 2024 $25 million (c) 4.74% $— $— Entergy Texas June 2027 $150 million (c) 4.38% $— $1.1 million (a) The interest rate is the estimated interest rate as of September 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 September 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $5.6 million Entergy Louisiana $125 million 0.78% $21.0 million Entergy Mississippi $65 million 0.78% $9.7 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $9.7 million (a) As of September 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2022, in addition to the $9.7 million MISO letters of credit, Entergy Mississippi had $1.0 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 September 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 $19 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 September 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2022 was 2.54% 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 September 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 2.21% $— Entergy Louisiana River Bend VIE June 2025 $105 1.75% $15.1 Entergy Louisiana Waterford VIE June 2025 $105 2.12% $72.2 System Energy VIE June 2025 $120 2.15% $83.9 (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 September 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 over the life of the loan 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. In August 2022, Entergy Louisiana issued $500 million of 4.75% Series mortgage bonds due September 2052. Entergy Louisiana expects to use the proceeds, together with other funds, to repay on or prior to maturity its $200 million of 3.30% Series mortgage bonds due December 2022, to repay on or prior to maturity a portion of its $665 million of 0.62% Series mortgage bonds due November 2023, to repay a portion of the debt outstanding under its $350 million long-term revolving credit facility, and for general corporate purposes. Entergy Louisiana intends to allocate an amount equal to the net proceeds from the issuance to finance and/or refinance, in whole or in part, existing or new eligible green projects. (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 weighted average interest rate for the nine months ended September 30, 2022 was 3.30%. Entergy Mississippi used the funds for general corporate purposes. (Entergy Texas) In August 2022, Entergy Texas issued $325 million of 5.00% Series mortgage bonds due September 2052. Entergy Texas expects to use the proceeds 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 nine months ended September 30, 2022 was 2.97%. 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 September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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	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) on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2022 was 2.39% on the drawn portion of the facility. As of September 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 September 30, 2022, Entergy Corporation had $1.387 billion of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2022 was 1.52%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 4.37% $— $— Entergy Arkansas June 2027 $150 million (c) 4.26% $— $— Entergy Louisiana June 2027 $350 million (c) 4.38% $— $— Entergy Mississippi April 2023 $45 million (d) 4.63% $— $— Entergy Mississippi April 2023 $40 million (d) 4.63% $— $— Entergy Mississippi April 2023 $10 million (d) 4.63% $— $— Entergy Mississippi July 2024 $150 million 3.97% $100 million $— Entergy New Orleans June 2024 $25 million (c) 4.74% $— $— Entergy Texas June 2027 $150 million (c) 4.38% $— $1.1 million (a) The interest rate is the estimated interest rate as of September 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 September 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $5.6 million Entergy Louisiana $125 million 0.78% $21.0 million Entergy Mississippi $65 million 0.78% $9.7 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $9.7 million (a) As of September 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2022, in addition to the $9.7 million MISO letters of credit, Entergy Mississippi had $1.0 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 September 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 $19 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 September 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2022 was 2.54% 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 September 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 2.21% $— Entergy Louisiana River Bend VIE June 2025 $105 1.75% $15.1 Entergy Louisiana Waterford VIE June 2025 $105 2.12% $72.2 System Energy VIE June 2025 $120 2.15% $83.9 (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 September 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 over the life of the loan 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. In August 2022, Entergy Louisiana issued $500 million of 4.75% Series mortgage bonds due September 2052. Entergy Louisiana expects to use the proceeds, together with other funds, to repay on or prior to maturity its $200 million of 3.30% Series mortgage bonds due December 2022, to repay on or prior to maturity a portion of its $665 million of 0.62% Series mortgage bonds due November 2023, to repay a portion of the debt outstanding under its $350 million long-term revolving credit facility, and for general corporate purposes. Entergy Louisiana intends to allocate an amount equal to the net proceeds from the issuance to finance and/or refinance, in whole or in part, existing or new eligible green projects. (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 weighted average interest rate for the nine months ended September 30, 2022 was 3.30%. Entergy Mississippi used the funds for general corporate purposes. (Entergy Texas) In August 2022, Entergy Texas issued $325 million of 5.00% Series mortgage bonds due September 2052. Entergy Texas expects to use the proceeds 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 nine months ended September 30, 2022 was 2.97%. 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 September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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	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) on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2022 was 2.39% on the drawn portion of the facility. As of September 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 September 30, 2022, Entergy Corporation had $1.387 billion of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2022 was 1.52%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 4.37% $— $— Entergy Arkansas June 2027 $150 million (c) 4.26% $— $— Entergy Louisiana June 2027 $350 million (c) 4.38% $— $— Entergy Mississippi April 2023 $45 million (d) 4.63% $— $— Entergy Mississippi April 2023 $40 million (d) 4.63% $— $— Entergy Mississippi April 2023 $10 million (d) 4.63% $— $— Entergy Mississippi July 2024 $150 million 3.97% $100 million $— Entergy New Orleans June 2024 $25 million (c) 4.74% $— $— Entergy Texas June 2027 $150 million (c) 4.38% $— $1.1 million (a) The interest rate is the estimated interest rate as of September 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 September 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $5.6 million Entergy Louisiana $125 million 0.78% $21.0 million Entergy Mississippi $65 million 0.78% $9.7 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $9.7 million (a) As of September 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2022, in addition to the $9.7 million MISO letters of credit, Entergy Mississippi had $1.0 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 September 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 $19 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 September 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2022 was 2.54% 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 September 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 2.21% $— Entergy Louisiana River Bend VIE June 2025 $105 1.75% $15.1 Entergy Louisiana Waterford VIE June 2025 $105 2.12% $72.2 System Energy VIE June 2025 $120 2.15% $83.9 (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 September 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 over the life of the loan 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. In August 2022, Entergy Louisiana issued $500 million of 4.75% Series mortgage bonds due September 2052. Entergy Louisiana expects to use the proceeds, together with other funds, to repay on or prior to maturity its $200 million of 3.30% Series mortgage bonds due December 2022, to repay on or prior to maturity a portion of its $665 million of 0.62% Series mortgage bonds due November 2023, to repay a portion of the debt outstanding under its $350 million long-term revolving credit facility, and for general corporate purposes. Entergy Louisiana intends to allocate an amount equal to the net proceeds from the issuance to finance and/or refinance, in whole or in part, existing or new eligible green projects. (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 weighted average interest rate for the nine months ended September 30, 2022 was 3.30%. Entergy Mississippi used the funds for general corporate purposes. (Entergy Texas) In August 2022, Entergy Texas issued $325 million of 5.00% Series mortgage bonds due September 2052. Entergy Texas expects to use the proceeds 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 nine months ended September 30, 2022 was 2.97%. 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 September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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	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) on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2022 was 2.39% on the drawn portion of the facility. As of September 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 September 30, 2022, Entergy Corporation had $1.387 billion of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2022 was 1.52%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 4.37% $— $— Entergy Arkansas June 2027 $150 million (c) 4.26% $— $— Entergy Louisiana June 2027 $350 million (c) 4.38% $— $— Entergy Mississippi April 2023 $45 million (d) 4.63% $— $— Entergy Mississippi April 2023 $40 million (d) 4.63% $— $— Entergy Mississippi April 2023 $10 million (d) 4.63% $— $— Entergy Mississippi July 2024 $150 million 3.97% $100 million $— Entergy New Orleans June 2024 $25 million (c) 4.74% $— $— Entergy Texas June 2027 $150 million (c) 4.38% $— $1.1 million (a) The interest rate is the estimated interest rate as of September 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 September 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $5.6 million Entergy Louisiana $125 million 0.78% $21.0 million Entergy Mississippi $65 million 0.78% $9.7 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $9.7 million (a) As of September 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2022, in addition to the $9.7 million MISO letters of credit, Entergy Mississippi had $1.0 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 September 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 $19 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 September 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2022 was 2.54% 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 September 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 2.21% $— Entergy Louisiana River Bend VIE June 2025 $105 1.75% $15.1 Entergy Louisiana Waterford VIE June 2025 $105 2.12% $72.2 System Energy VIE June 2025 $120 2.15% $83.9 (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 September 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 over the life of the loan 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. In August 2022, Entergy Louisiana issued $500 million of 4.75% Series mortgage bonds due September 2052. Entergy Louisiana expects to use the proceeds, together with other funds, to repay on or prior to maturity its $200 million of 3.30% Series mortgage bonds due December 2022, to repay on or prior to maturity a portion of its $665 million of 0.62% Series mortgage bonds due November 2023, to repay a portion of the debt outstanding under its $350 million long-term revolving credit facility, and for general corporate purposes. Entergy Louisiana intends to allocate an amount equal to the net proceeds from the issuance to finance and/or refinance, in whole or in part, existing or new eligible green projects. (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 weighted average interest rate for the nine months ended September 30, 2022 was 3.30%. Entergy Mississippi used the funds for general corporate purposes. (Entergy Texas) In August 2022, Entergy Texas issued $325 million of 5.00% Series mortgage bonds due September 2052. Entergy Texas expects to use the proceeds 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 nine months ended September 30, 2022 was 2.97%. 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 September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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	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) on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2022 was 2.39% on the drawn portion of the facility. As of September 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 September 30, 2022, Entergy Corporation had $1.387 billion of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2022 was 1.52%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 4.37% $— $— Entergy Arkansas June 2027 $150 million (c) 4.26% $— $— Entergy Louisiana June 2027 $350 million (c) 4.38% $— $— Entergy Mississippi April 2023 $45 million (d) 4.63% $— $— Entergy Mississippi April 2023 $40 million (d) 4.63% $— $— Entergy Mississippi April 2023 $10 million (d) 4.63% $— $— Entergy Mississippi July 2024 $150 million 3.97% $100 million $— Entergy New Orleans June 2024 $25 million (c) 4.74% $— $— Entergy Texas June 2027 $150 million (c) 4.38% $— $1.1 million (a) The interest rate is the estimated interest rate as of September 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 September 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $5.6 million Entergy Louisiana $125 million 0.78% $21.0 million Entergy Mississippi $65 million 0.78% $9.7 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $9.7 million (a) As of September 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2022, in addition to the $9.7 million MISO letters of credit, Entergy Mississippi had $1.0 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 September 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 $19 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 September 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2022 was 2.54% 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 September 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 2.21% $— Entergy Louisiana River Bend VIE June 2025 $105 1.75% $15.1 Entergy Louisiana Waterford VIE June 2025 $105 2.12% $72.2 System Energy VIE June 2025 $120 2.15% $83.9 (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 September 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 over the life of the loan 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. In August 2022, Entergy Louisiana issued $500 million of 4.75% Series mortgage bonds due September 2052. Entergy Louisiana expects to use the proceeds, together with other funds, to repay on or prior to maturity its $200 million of 3.30% Series mortgage bonds due December 2022, to repay on or prior to maturity a portion of its $665 million of 0.62% Series mortgage bonds due November 2023, to repay a portion of the debt outstanding under its $350 million long-term revolving credit facility, and for general corporate purposes. Entergy Louisiana intends to allocate an amount equal to the net proceeds from the issuance to finance and/or refinance, in whole or in part, existing or new eligible green projects. (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 weighted average interest rate for the nine months ended September 30, 2022 was 3.30%. Entergy Mississippi used the funds for general corporate purposes. (Entergy Texas) In August 2022, Entergy Texas issued $325 million of 5.00% Series mortgage bonds due September 2052. Entergy Texas expects to use the proceeds 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 nine months ended September 30, 2022 was 2.97%. 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 September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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	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) on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2022 was 2.39% on the drawn portion of the facility. As of September 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 September 30, 2022, Entergy Corporation had $1.387 billion of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2022 was 1.52%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 4.37% $— $— Entergy Arkansas June 2027 $150 million (c) 4.26% $— $— Entergy Louisiana June 2027 $350 million (c) 4.38% $— $— Entergy Mississippi April 2023 $45 million (d) 4.63% $— $— Entergy Mississippi April 2023 $40 million (d) 4.63% $— $— Entergy Mississippi April 2023 $10 million (d) 4.63% $— $— Entergy Mississippi July 2024 $150 million 3.97% $100 million $— Entergy New Orleans June 2024 $25 million (c) 4.74% $— $— Entergy Texas June 2027 $150 million (c) 4.38% $— $1.1 million (a) The interest rate is the estimated interest rate as of September 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 September 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $5.6 million Entergy Louisiana $125 million 0.78% $21.0 million Entergy Mississippi $65 million 0.78% $9.7 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $9.7 million (a) As of September 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2022, in addition to the $9.7 million MISO letters of credit, Entergy Mississippi had $1.0 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 September 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 $19 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 September 30, 2022, $139 million in cash borrowings were outstanding under the credit facility. The weighted average interest rate for the nine months ended September 30, 2022 was 2.54% 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 September 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 2.21% $— Entergy Louisiana River Bend VIE June 2025 $105 1.75% $15.1 Entergy Louisiana Waterford VIE June 2025 $105 2.12% $72.2 System Energy VIE June 2025 $120 2.15% $83.9 (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 September 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 over the life of the loan 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. In August 2022, Entergy Louisiana issued $500 million of 4.75% Series mortgage bonds due September 2052. Entergy Louisiana expects to use the proceeds, together with other funds, to repay on or prior to maturity its $200 million of 3.30% Series mortgage bonds due December 2022, to repay on or prior to maturity a portion of its $665 million of 0.62% Series mortgage bonds due November 2023, to repay a portion of the debt outstanding under its $350 million long-term revolving credit facility, and for general corporate purposes. Entergy Louisiana intends to allocate an amount equal to the net proceeds from the issuance to finance and/or refinance, in whole or in part, existing or new eligible green projects. (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 weighted average interest rate for the nine months ended September 30, 2022 was 3.30%. Entergy Mississippi used the funds for general corporate purposes. (Entergy Texas) In August 2022, Entergy Texas issued $325 million of 5.00% Series mortgage bonds due September 2052. Entergy Texas expects to use the proceeds 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 nine months ended September 30, 2022 was 2.97%. 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 September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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	9 Months Ended
	Sep. 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 September 30, 2022, there were options on 2,789,088 shares of common stock outstanding with a weighted-average exercise price of $96.37. The intrinsic value, which has no effect on net income, of the outstanding stock options is calculated by the positive difference between the weighted average exercise price of the stock options granted and Entergy Corporation’s common stock price as of September 30, 2022. The aggregate intrinsic value of the stock options outstanding as of September 30, 2022 was $30.9 million. The following table includes financial information for outstanding stock options for the three months ended September 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s consolidated net income $0.9 $1.2 Tax benefit recognized in Entergy’s consolidated net income $0.2 $0.3 Compensation cost capitalized as part of fixed assets and materials and supplies $0.4 $0.4 The following table includes financial information for outstanding stock options for the nine months ended September 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s consolidated net income $3.2 $3.2 Tax benefit recognized in Entergy’s consolidated net income $0.8 $0.8 Compensation cost capitalized as part of fixed assets and materials and supplies $1.2 $1.2 Other Equity Awards In January 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 September 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s consolidated net income $9.1 $10.6 Tax benefit recognized in Entergy’s consolidated net income $2.3 $2.7 Compensation cost capitalized as part of fixed assets and materials and supplies $3.9 $4.1 The following table includes financial information for other outstanding equity awards for the nine months ended September 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s consolidated net income $31.1 $31.1 Tax benefit recognized in Entergy’s consolidated net income $7.9 $7.9 Compensation cost capitalized as part of fixed assets and materials and supplies $12.6 $12.1

Retirement And Other Postretire

Retirement And Other Postretirement Benefits	9 Months Ended
	Sep. 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 third quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $33,845 $38,531 Interest cost on projected benefit obligation 60,734 49,222 Expected return on assets (100,203) (106,684) Amortization of net loss 42,367 69,386 Settlement charges 125,548 44,718 Net pension costs $162,291 $95,173 Entergy’s qualified pension costs, including amounts capitalized, for the nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $108,482 $126,722 Interest cost on projected benefit obligation 164,529 142,702 Expected return on assets (306,895) (318,437) Amortization of net loss 159,359 266,576 Settlement charges 148,201 156,266 Net pension costs $273,676 $373,829 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the third 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 $6,138 $8,261 $1,953 $690 $1,441 $1,891 Interest cost on projected benefit obligation 11,866 12,523 3,383 1,368 2,795 2,882 Expected return on assets (18,731) (20,586) (5,006) (2,487) (4,551) (4,509) Amortization of net loss 10,283 10,156 2,941 1,208 2,130 2,641 Settlement charges 11,477 33,507 6,853 4,402 13,082 4,593 Net pension cost $21,033 $43,861 $10,124 $5,181 $14,897 $7,498 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,695 $26,405 $6,158 $2,194 $4,652 $5,937 Interest cost on projected benefit obligation 30,944 33,706 8,857 3,646 7,242 7,614 Expected return on assets (57,009) (62,779) (15,373) (7,517) (14,393) (13,718) Amortization of net loss 36,557 35,055 10,371 3,944 7,124 9,078 Settlement charges 22,973 37,968 9,061 4,402 15,547 6,616 Net pension cost $53,160 $70,355 $19,074 $6,669 $20,172 $15,527 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 Non-Qualified Net Pension Cost Entergy recognized $5.9 million and $6.9 million in pension cost for its non-qualified pension plans in the third quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarters of 2022 and 2021 were settlement charges of $1.4 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. Entergy recognized $23.3 million and $16 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2022 and 2021 were settlement charges of $9.2 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $69 $24 $80 $28 $961 2021 $86 $192 $91 $7 $115 Reflected in Entergy Texas’ non-qualified pension costs in the third quarter of 2022 were settlement charges of $886 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $212 $77 $241 $84 $1,264 2021 $266 $280 $283 $23 $345 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $1 million related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $18,552 $19,935 Interest cost on accumulated postretirement benefit obligation (APBO) 20,481 15,960 Expected return on assets (32,565) (32,415) Amortization of prior service credit (19,164) (24,801) Amortization of net loss 3,249 2,139 Net other postretirement benefit income ($9,447) ($19,182) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,342 $4,224 $1,017 $297 $993 $930 Interest cost on APBO 3,789 4,329 1,050 522 1,197 837 Expected return on assets (13,449) — (4,182) (4,497) (7,704) (2,373) Amortization of prior service cost/(credit) 1,413 (3,474) (1,329) (687) (3,279) (240) Amortization of net (gain) loss 654 (558) 168 (675) 486 90 Net other postretirement benefit cost (income) ($4,251) $4,521 ($3,276) ($5,040) ($8,307) ($756) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the third quarters of 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 (3,976) (596) (298) (4,870) Settlement loss (14,263) — (76) (14,339) ($18,239) $3,418 ($551) ($15,372) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (407) 186 (1) (222) Settlement loss (1,340) — — (1,340) ($1,747) $1,344 ($1) ($404) 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) (534) ($1,137) $1,321 ($7) $177 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $12,042 ($531) $11,511 Amortization of net loss (26,921) (1,788) (1,065) (29,774) Settlement loss (14,441) — (1,225) (15,666) ($41,362) $10,254 ($2,821) ($33,929) Entergy Louisiana Amortization of prior service credit $— $3,474 $— $3,474 Amortization of net gain (loss) (1,404) 558 (3) (849) Settlement loss (1,518) — — (1,518) ($2,922) $4,032 ($3) $1,107 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 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, the Entergy Corporation Retirement Plan for Non-Bargaining Employees, the Entergy Corporation Retirement Plan II for Bargaining Employees, and the Entergy Corporation Retirement Plan II for Non-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 New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve 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 September 30, 2022, the balance in this reserve was approximately $25.4 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $400 million to its qualified pension plans in 2022. As of September 30, 2022, Entergy had contributed $170 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 $78,605 $41,641 $27,716 $922 $1,924 $26,376 Pension contributions made through September 2022 $44,300 $24,319 $15,685 $922 $1,632 $12,754 Remaining estimated pension contributions to be made in 2022 $34,305 $17,322 $12,031 $— $292 $13,622
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 third quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $33,845 $38,531 Interest cost on projected benefit obligation 60,734 49,222 Expected return on assets (100,203) (106,684) Amortization of net loss 42,367 69,386 Settlement charges 125,548 44,718 Net pension costs $162,291 $95,173 Entergy’s qualified pension costs, including amounts capitalized, for the nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $108,482 $126,722 Interest cost on projected benefit obligation 164,529 142,702 Expected return on assets (306,895) (318,437) Amortization of net loss 159,359 266,576 Settlement charges 148,201 156,266 Net pension costs $273,676 $373,829 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the third 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 $6,138 $8,261 $1,953 $690 $1,441 $1,891 Interest cost on projected benefit obligation 11,866 12,523 3,383 1,368 2,795 2,882 Expected return on assets (18,731) (20,586) (5,006) (2,487) (4,551) (4,509) Amortization of net loss 10,283 10,156 2,941 1,208 2,130 2,641 Settlement charges 11,477 33,507 6,853 4,402 13,082 4,593 Net pension cost $21,033 $43,861 $10,124 $5,181 $14,897 $7,498 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,695 $26,405 $6,158 $2,194 $4,652 $5,937 Interest cost on projected benefit obligation 30,944 33,706 8,857 3,646 7,242 7,614 Expected return on assets (57,009) (62,779) (15,373) (7,517) (14,393) (13,718) Amortization of net loss 36,557 35,055 10,371 3,944 7,124 9,078 Settlement charges 22,973 37,968 9,061 4,402 15,547 6,616 Net pension cost $53,160 $70,355 $19,074 $6,669 $20,172 $15,527 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 Non-Qualified Net Pension Cost Entergy recognized $5.9 million and $6.9 million in pension cost for its non-qualified pension plans in the third quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarters of 2022 and 2021 were settlement charges of $1.4 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. Entergy recognized $23.3 million and $16 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2022 and 2021 were settlement charges of $9.2 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $69 $24 $80 $28 $961 2021 $86 $192 $91 $7 $115 Reflected in Entergy Texas’ non-qualified pension costs in the third quarter of 2022 were settlement charges of $886 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $212 $77 $241 $84 $1,264 2021 $266 $280 $283 $23 $345 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $1 million related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $18,552 $19,935 Interest cost on accumulated postretirement benefit obligation (APBO) 20,481 15,960 Expected return on assets (32,565) (32,415) Amortization of prior service credit (19,164) (24,801) Amortization of net loss 3,249 2,139 Net other postretirement benefit income ($9,447) ($19,182) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,342 $4,224 $1,017 $297 $993 $930 Interest cost on APBO 3,789 4,329 1,050 522 1,197 837 Expected return on assets (13,449) — (4,182) (4,497) (7,704) (2,373) Amortization of prior service cost/(credit) 1,413 (3,474) (1,329) (687) (3,279) (240) Amortization of net (gain) loss 654 (558) 168 (675) 486 90 Net other postretirement benefit cost (income) ($4,251) $4,521 ($3,276) ($5,040) ($8,307) ($756) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the third quarters of 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 (3,976) (596) (298) (4,870) Settlement loss (14,263) — (76) (14,339) ($18,239) $3,418 ($551) ($15,372) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (407) 186 (1) (222) Settlement loss (1,340) — — (1,340) ($1,747) $1,344 ($1) ($404) 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) (534) ($1,137) $1,321 ($7) $177 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $12,042 ($531) $11,511 Amortization of net loss (26,921) (1,788) (1,065) (29,774) Settlement loss (14,441) — (1,225) (15,666) ($41,362) $10,254 ($2,821) ($33,929) Entergy Louisiana Amortization of prior service credit $— $3,474 $— $3,474 Amortization of net gain (loss) (1,404) 558 (3) (849) Settlement loss (1,518) — — (1,518) ($2,922) $4,032 ($3) $1,107 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 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, the Entergy Corporation Retirement Plan for Non-Bargaining Employees, the Entergy Corporation Retirement Plan II for Bargaining Employees, and the Entergy Corporation Retirement Plan II for Non-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 New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve 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 September 30, 2022, the balance in this reserve was approximately $25.4 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $400 million to its qualified pension plans in 2022. As of September 30, 2022, Entergy had contributed $170 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 $78,605 $41,641 $27,716 $922 $1,924 $26,376 Pension contributions made through September 2022 $44,300 $24,319 $15,685 $922 $1,632 $12,754 Remaining estimated pension contributions to be made in 2022 $34,305 $17,322 $12,031 $— $292 $13,622
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 third quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $33,845 $38,531 Interest cost on projected benefit obligation 60,734 49,222 Expected return on assets (100,203) (106,684) Amortization of net loss 42,367 69,386 Settlement charges 125,548 44,718 Net pension costs $162,291 $95,173 Entergy’s qualified pension costs, including amounts capitalized, for the nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $108,482 $126,722 Interest cost on projected benefit obligation 164,529 142,702 Expected return on assets (306,895) (318,437) Amortization of net loss 159,359 266,576 Settlement charges 148,201 156,266 Net pension costs $273,676 $373,829 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the third 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 $6,138 $8,261 $1,953 $690 $1,441 $1,891 Interest cost on projected benefit obligation 11,866 12,523 3,383 1,368 2,795 2,882 Expected return on assets (18,731) (20,586) (5,006) (2,487) (4,551) (4,509) Amortization of net loss 10,283 10,156 2,941 1,208 2,130 2,641 Settlement charges 11,477 33,507 6,853 4,402 13,082 4,593 Net pension cost $21,033 $43,861 $10,124 $5,181 $14,897 $7,498 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,695 $26,405 $6,158 $2,194 $4,652 $5,937 Interest cost on projected benefit obligation 30,944 33,706 8,857 3,646 7,242 7,614 Expected return on assets (57,009) (62,779) (15,373) (7,517) (14,393) (13,718) Amortization of net loss 36,557 35,055 10,371 3,944 7,124 9,078 Settlement charges 22,973 37,968 9,061 4,402 15,547 6,616 Net pension cost $53,160 $70,355 $19,074 $6,669 $20,172 $15,527 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 Non-Qualified Net Pension Cost Entergy recognized $5.9 million and $6.9 million in pension cost for its non-qualified pension plans in the third quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarters of 2022 and 2021 were settlement charges of $1.4 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. Entergy recognized $23.3 million and $16 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2022 and 2021 were settlement charges of $9.2 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $69 $24 $80 $28 $961 2021 $86 $192 $91 $7 $115 Reflected in Entergy Texas’ non-qualified pension costs in the third quarter of 2022 were settlement charges of $886 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $212 $77 $241 $84 $1,264 2021 $266 $280 $283 $23 $345 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $1 million related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $18,552 $19,935 Interest cost on accumulated postretirement benefit obligation (APBO) 20,481 15,960 Expected return on assets (32,565) (32,415) Amortization of prior service credit (19,164) (24,801) Amortization of net loss 3,249 2,139 Net other postretirement benefit income ($9,447) ($19,182) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,342 $4,224 $1,017 $297 $993 $930 Interest cost on APBO 3,789 4,329 1,050 522 1,197 837 Expected return on assets (13,449) — (4,182) (4,497) (7,704) (2,373) Amortization of prior service cost/(credit) 1,413 (3,474) (1,329) (687) (3,279) (240) Amortization of net (gain) loss 654 (558) 168 (675) 486 90 Net other postretirement benefit cost (income) ($4,251) $4,521 ($3,276) ($5,040) ($8,307) ($756) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the third quarters of 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 (3,976) (596) (298) (4,870) Settlement loss (14,263) — (76) (14,339) ($18,239) $3,418 ($551) ($15,372) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (407) 186 (1) (222) Settlement loss (1,340) — — (1,340) ($1,747) $1,344 ($1) ($404) 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) (534) ($1,137) $1,321 ($7) $177 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $12,042 ($531) $11,511 Amortization of net loss (26,921) (1,788) (1,065) (29,774) Settlement loss (14,441) — (1,225) (15,666) ($41,362) $10,254 ($2,821) ($33,929) Entergy Louisiana Amortization of prior service credit $— $3,474 $— $3,474 Amortization of net gain (loss) (1,404) 558 (3) (849) Settlement loss (1,518) — — (1,518) ($2,922) $4,032 ($3) $1,107 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 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, the Entergy Corporation Retirement Plan for Non-Bargaining Employees, the Entergy Corporation Retirement Plan II for Bargaining Employees, and the Entergy Corporation Retirement Plan II for Non-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 New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve 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 September 30, 2022, the balance in this reserve was approximately $25.4 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $400 million to its qualified pension plans in 2022. As of September 30, 2022, Entergy had contributed $170 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 $78,605 $41,641 $27,716 $922 $1,924 $26,376 Pension contributions made through September 2022 $44,300 $24,319 $15,685 $922 $1,632 $12,754 Remaining estimated pension contributions to be made in 2022 $34,305 $17,322 $12,031 $— $292 $13,622
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 third quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $33,845 $38,531 Interest cost on projected benefit obligation 60,734 49,222 Expected return on assets (100,203) (106,684) Amortization of net loss 42,367 69,386 Settlement charges 125,548 44,718 Net pension costs $162,291 $95,173 Entergy’s qualified pension costs, including amounts capitalized, for the nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $108,482 $126,722 Interest cost on projected benefit obligation 164,529 142,702 Expected return on assets (306,895) (318,437) Amortization of net loss 159,359 266,576 Settlement charges 148,201 156,266 Net pension costs $273,676 $373,829 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the third 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 $6,138 $8,261 $1,953 $690 $1,441 $1,891 Interest cost on projected benefit obligation 11,866 12,523 3,383 1,368 2,795 2,882 Expected return on assets (18,731) (20,586) (5,006) (2,487) (4,551) (4,509) Amortization of net loss 10,283 10,156 2,941 1,208 2,130 2,641 Settlement charges 11,477 33,507 6,853 4,402 13,082 4,593 Net pension cost $21,033 $43,861 $10,124 $5,181 $14,897 $7,498 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,695 $26,405 $6,158 $2,194 $4,652 $5,937 Interest cost on projected benefit obligation 30,944 33,706 8,857 3,646 7,242 7,614 Expected return on assets (57,009) (62,779) (15,373) (7,517) (14,393) (13,718) Amortization of net loss 36,557 35,055 10,371 3,944 7,124 9,078 Settlement charges 22,973 37,968 9,061 4,402 15,547 6,616 Net pension cost $53,160 $70,355 $19,074 $6,669 $20,172 $15,527 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 Non-Qualified Net Pension Cost Entergy recognized $5.9 million and $6.9 million in pension cost for its non-qualified pension plans in the third quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarters of 2022 and 2021 were settlement charges of $1.4 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. Entergy recognized $23.3 million and $16 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2022 and 2021 were settlement charges of $9.2 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $69 $24 $80 $28 $961 2021 $86 $192 $91 $7 $115 Reflected in Entergy Texas’ non-qualified pension costs in the third quarter of 2022 were settlement charges of $886 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $212 $77 $241 $84 $1,264 2021 $266 $280 $283 $23 $345 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $1 million related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $18,552 $19,935 Interest cost on accumulated postretirement benefit obligation (APBO) 20,481 15,960 Expected return on assets (32,565) (32,415) Amortization of prior service credit (19,164) (24,801) Amortization of net loss 3,249 2,139 Net other postretirement benefit income ($9,447) ($19,182) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,342 $4,224 $1,017 $297 $993 $930 Interest cost on APBO 3,789 4,329 1,050 522 1,197 837 Expected return on assets (13,449) — (4,182) (4,497) (7,704) (2,373) Amortization of prior service cost/(credit) 1,413 (3,474) (1,329) (687) (3,279) (240) Amortization of net (gain) loss 654 (558) 168 (675) 486 90 Net other postretirement benefit cost (income) ($4,251) $4,521 ($3,276) ($5,040) ($8,307) ($756) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the third quarters of 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 (3,976) (596) (298) (4,870) Settlement loss (14,263) — (76) (14,339) ($18,239) $3,418 ($551) ($15,372) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (407) 186 (1) (222) Settlement loss (1,340) — — (1,340) ($1,747) $1,344 ($1) ($404) 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) (534) ($1,137) $1,321 ($7) $177 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $12,042 ($531) $11,511 Amortization of net loss (26,921) (1,788) (1,065) (29,774) Settlement loss (14,441) — (1,225) (15,666) ($41,362) $10,254 ($2,821) ($33,929) Entergy Louisiana Amortization of prior service credit $— $3,474 $— $3,474 Amortization of net gain (loss) (1,404) 558 (3) (849) Settlement loss (1,518) — — (1,518) ($2,922) $4,032 ($3) $1,107 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 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, the Entergy Corporation Retirement Plan for Non-Bargaining Employees, the Entergy Corporation Retirement Plan II for Bargaining Employees, and the Entergy Corporation Retirement Plan II for Non-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 New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve 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 September 30, 2022, the balance in this reserve was approximately $25.4 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $400 million to its qualified pension plans in 2022. As of September 30, 2022, Entergy had contributed $170 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 $78,605 $41,641 $27,716 $922 $1,924 $26,376 Pension contributions made through September 2022 $44,300 $24,319 $15,685 $922 $1,632 $12,754 Remaining estimated pension contributions to be made in 2022 $34,305 $17,322 $12,031 $— $292 $13,622
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 third quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $33,845 $38,531 Interest cost on projected benefit obligation 60,734 49,222 Expected return on assets (100,203) (106,684) Amortization of net loss 42,367 69,386 Settlement charges 125,548 44,718 Net pension costs $162,291 $95,173 Entergy’s qualified pension costs, including amounts capitalized, for the nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $108,482 $126,722 Interest cost on projected benefit obligation 164,529 142,702 Expected return on assets (306,895) (318,437) Amortization of net loss 159,359 266,576 Settlement charges 148,201 156,266 Net pension costs $273,676 $373,829 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the third 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 $6,138 $8,261 $1,953 $690 $1,441 $1,891 Interest cost on projected benefit obligation 11,866 12,523 3,383 1,368 2,795 2,882 Expected return on assets (18,731) (20,586) (5,006) (2,487) (4,551) (4,509) Amortization of net loss 10,283 10,156 2,941 1,208 2,130 2,641 Settlement charges 11,477 33,507 6,853 4,402 13,082 4,593 Net pension cost $21,033 $43,861 $10,124 $5,181 $14,897 $7,498 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,695 $26,405 $6,158 $2,194 $4,652 $5,937 Interest cost on projected benefit obligation 30,944 33,706 8,857 3,646 7,242 7,614 Expected return on assets (57,009) (62,779) (15,373) (7,517) (14,393) (13,718) Amortization of net loss 36,557 35,055 10,371 3,944 7,124 9,078 Settlement charges 22,973 37,968 9,061 4,402 15,547 6,616 Net pension cost $53,160 $70,355 $19,074 $6,669 $20,172 $15,527 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 Non-Qualified Net Pension Cost Entergy recognized $5.9 million and $6.9 million in pension cost for its non-qualified pension plans in the third quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarters of 2022 and 2021 were settlement charges of $1.4 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. Entergy recognized $23.3 million and $16 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2022 and 2021 were settlement charges of $9.2 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $69 $24 $80 $28 $961 2021 $86 $192 $91 $7 $115 Reflected in Entergy Texas’ non-qualified pension costs in the third quarter of 2022 were settlement charges of $886 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $212 $77 $241 $84 $1,264 2021 $266 $280 $283 $23 $345 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $1 million related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $18,552 $19,935 Interest cost on accumulated postretirement benefit obligation (APBO) 20,481 15,960 Expected return on assets (32,565) (32,415) Amortization of prior service credit (19,164) (24,801) Amortization of net loss 3,249 2,139 Net other postretirement benefit income ($9,447) ($19,182) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,342 $4,224 $1,017 $297 $993 $930 Interest cost on APBO 3,789 4,329 1,050 522 1,197 837 Expected return on assets (13,449) — (4,182) (4,497) (7,704) (2,373) Amortization of prior service cost/(credit) 1,413 (3,474) (1,329) (687) (3,279) (240) Amortization of net (gain) loss 654 (558) 168 (675) 486 90 Net other postretirement benefit cost (income) ($4,251) $4,521 ($3,276) ($5,040) ($8,307) ($756) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the third quarters of 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 (3,976) (596) (298) (4,870) Settlement loss (14,263) — (76) (14,339) ($18,239) $3,418 ($551) ($15,372) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (407) 186 (1) (222) Settlement loss (1,340) — — (1,340) ($1,747) $1,344 ($1) ($404) 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) (534) ($1,137) $1,321 ($7) $177 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $12,042 ($531) $11,511 Amortization of net loss (26,921) (1,788) (1,065) (29,774) Settlement loss (14,441) — (1,225) (15,666) ($41,362) $10,254 ($2,821) ($33,929) Entergy Louisiana Amortization of prior service credit $— $3,474 $— $3,474 Amortization of net gain (loss) (1,404) 558 (3) (849) Settlement loss (1,518) — — (1,518) ($2,922) $4,032 ($3) $1,107 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 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, the Entergy Corporation Retirement Plan for Non-Bargaining Employees, the Entergy Corporation Retirement Plan II for Bargaining Employees, and the Entergy Corporation Retirement Plan II for Non-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 New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve 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 September 30, 2022, the balance in this reserve was approximately $25.4 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $400 million to its qualified pension plans in 2022. As of September 30, 2022, Entergy had contributed $170 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 $78,605 $41,641 $27,716 $922 $1,924 $26,376 Pension contributions made through September 2022 $44,300 $24,319 $15,685 $922 $1,632 $12,754 Remaining estimated pension contributions to be made in 2022 $34,305 $17,322 $12,031 $— $292 $13,622
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 third quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $33,845 $38,531 Interest cost on projected benefit obligation 60,734 49,222 Expected return on assets (100,203) (106,684) Amortization of net loss 42,367 69,386 Settlement charges 125,548 44,718 Net pension costs $162,291 $95,173 Entergy’s qualified pension costs, including amounts capitalized, for the nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $108,482 $126,722 Interest cost on projected benefit obligation 164,529 142,702 Expected return on assets (306,895) (318,437) Amortization of net loss 159,359 266,576 Settlement charges 148,201 156,266 Net pension costs $273,676 $373,829 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the third 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 $6,138 $8,261 $1,953 $690 $1,441 $1,891 Interest cost on projected benefit obligation 11,866 12,523 3,383 1,368 2,795 2,882 Expected return on assets (18,731) (20,586) (5,006) (2,487) (4,551) (4,509) Amortization of net loss 10,283 10,156 2,941 1,208 2,130 2,641 Settlement charges 11,477 33,507 6,853 4,402 13,082 4,593 Net pension cost $21,033 $43,861 $10,124 $5,181 $14,897 $7,498 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,695 $26,405 $6,158 $2,194 $4,652 $5,937 Interest cost on projected benefit obligation 30,944 33,706 8,857 3,646 7,242 7,614 Expected return on assets (57,009) (62,779) (15,373) (7,517) (14,393) (13,718) Amortization of net loss 36,557 35,055 10,371 3,944 7,124 9,078 Settlement charges 22,973 37,968 9,061 4,402 15,547 6,616 Net pension cost $53,160 $70,355 $19,074 $6,669 $20,172 $15,527 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 Non-Qualified Net Pension Cost Entergy recognized $5.9 million and $6.9 million in pension cost for its non-qualified pension plans in the third quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarters of 2022 and 2021 were settlement charges of $1.4 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. Entergy recognized $23.3 million and $16 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2022 and 2021 were settlement charges of $9.2 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $69 $24 $80 $28 $961 2021 $86 $192 $91 $7 $115 Reflected in Entergy Texas’ non-qualified pension costs in the third quarter of 2022 were settlement charges of $886 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $212 $77 $241 $84 $1,264 2021 $266 $280 $283 $23 $345 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $1 million related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $18,552 $19,935 Interest cost on accumulated postretirement benefit obligation (APBO) 20,481 15,960 Expected return on assets (32,565) (32,415) Amortization of prior service credit (19,164) (24,801) Amortization of net loss 3,249 2,139 Net other postretirement benefit income ($9,447) ($19,182) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,342 $4,224 $1,017 $297 $993 $930 Interest cost on APBO 3,789 4,329 1,050 522 1,197 837 Expected return on assets (13,449) — (4,182) (4,497) (7,704) (2,373) Amortization of prior service cost/(credit) 1,413 (3,474) (1,329) (687) (3,279) (240) Amortization of net (gain) loss 654 (558) 168 (675) 486 90 Net other postretirement benefit cost (income) ($4,251) $4,521 ($3,276) ($5,040) ($8,307) ($756) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the third quarters of 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 (3,976) (596) (298) (4,870) Settlement loss (14,263) — (76) (14,339) ($18,239) $3,418 ($551) ($15,372) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (407) 186 (1) (222) Settlement loss (1,340) — — (1,340) ($1,747) $1,344 ($1) ($404) 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) (534) ($1,137) $1,321 ($7) $177 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $12,042 ($531) $11,511 Amortization of net loss (26,921) (1,788) (1,065) (29,774) Settlement loss (14,441) — (1,225) (15,666) ($41,362) $10,254 ($2,821) ($33,929) Entergy Louisiana Amortization of prior service credit $— $3,474 $— $3,474 Amortization of net gain (loss) (1,404) 558 (3) (849) Settlement loss (1,518) — — (1,518) ($2,922) $4,032 ($3) $1,107 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 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, the Entergy Corporation Retirement Plan for Non-Bargaining Employees, the Entergy Corporation Retirement Plan II for Bargaining Employees, and the Entergy Corporation Retirement Plan II for Non-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 New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve 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 September 30, 2022, the balance in this reserve was approximately $25.4 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $400 million to its qualified pension plans in 2022. As of September 30, 2022, Entergy had contributed $170 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 $78,605 $41,641 $27,716 $922 $1,924 $26,376 Pension contributions made through September 2022 $44,300 $24,319 $15,685 $922 $1,632 $12,754 Remaining estimated pension contributions to be made in 2022 $34,305 $17,322 $12,031 $— $292 $13,622
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 third quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $33,845 $38,531 Interest cost on projected benefit obligation 60,734 49,222 Expected return on assets (100,203) (106,684) Amortization of net loss 42,367 69,386 Settlement charges 125,548 44,718 Net pension costs $162,291 $95,173 Entergy’s qualified pension costs, including amounts capitalized, for the nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $108,482 $126,722 Interest cost on projected benefit obligation 164,529 142,702 Expected return on assets (306,895) (318,437) Amortization of net loss 159,359 266,576 Settlement charges 148,201 156,266 Net pension costs $273,676 $373,829 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the third 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 $6,138 $8,261 $1,953 $690 $1,441 $1,891 Interest cost on projected benefit obligation 11,866 12,523 3,383 1,368 2,795 2,882 Expected return on assets (18,731) (20,586) (5,006) (2,487) (4,551) (4,509) Amortization of net loss 10,283 10,156 2,941 1,208 2,130 2,641 Settlement charges 11,477 33,507 6,853 4,402 13,082 4,593 Net pension cost $21,033 $43,861 $10,124 $5,181 $14,897 $7,498 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,695 $26,405 $6,158 $2,194 $4,652 $5,937 Interest cost on projected benefit obligation 30,944 33,706 8,857 3,646 7,242 7,614 Expected return on assets (57,009) (62,779) (15,373) (7,517) (14,393) (13,718) Amortization of net loss 36,557 35,055 10,371 3,944 7,124 9,078 Settlement charges 22,973 37,968 9,061 4,402 15,547 6,616 Net pension cost $53,160 $70,355 $19,074 $6,669 $20,172 $15,527 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146 Non-Qualified Net Pension Cost Entergy recognized $5.9 million and $6.9 million in pension cost for its non-qualified pension plans in the third quarters of 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarters of 2022 and 2021 were settlement charges of $1.4 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. Entergy recognized $23.3 million and $16 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2022 and 2021, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2022 and 2021 were settlement charges of $9.2 million and $2.5 million, respectively, related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $69 $24 $80 $28 $961 2021 $86 $192 $91 $7 $115 Reflected in Entergy Texas’ non-qualified pension costs in the third quarter of 2022 were settlement charges of $886 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $212 $77 $241 $84 $1,264 2021 $266 $280 $283 $23 $345 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $2 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’ non-qualified pension costs for the nine months ended September 30, 2022 were settlement charges of $1 million related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs for the nine months ended September 30, 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. Components of Net Other Postretirement Benefit Cost (Income) Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $18,552 $19,935 Interest cost on accumulated postretirement benefit obligation (APBO) 20,481 15,960 Expected return on assets (32,565) (32,415) Amortization of prior service credit (19,164) (24,801) Amortization of net loss 3,249 2,139 Net other postretirement benefit income ($9,447) ($19,182) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,342 $4,224 $1,017 $297 $993 $930 Interest cost on APBO 3,789 4,329 1,050 522 1,197 837 Expected return on assets (13,449) — (4,182) (4,497) (7,704) (2,373) Amortization of prior service cost/(credit) 1,413 (3,474) (1,329) (687) (3,279) (240) Amortization of net (gain) loss 654 (558) 168 (675) 486 90 Net other postretirement benefit cost (income) ($4,251) $4,521 ($3,276) ($5,040) ($8,307) ($756) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984) Reclassification out of Accumulated Other Comprehensive Income (Loss) Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the third quarters of 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 (3,976) (596) (298) (4,870) Settlement loss (14,263) — (76) (14,339) ($18,239) $3,418 ($551) ($15,372) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (407) 186 (1) (222) Settlement loss (1,340) — — (1,340) ($1,747) $1,344 ($1) ($404) 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) (534) ($1,137) $1,321 ($7) $177 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $12,042 ($531) $11,511 Amortization of net loss (26,921) (1,788) (1,065) (29,774) Settlement loss (14,441) — (1,225) (15,666) ($41,362) $10,254 ($2,821) ($33,929) Entergy Louisiana Amortization of prior service credit $— $3,474 $— $3,474 Amortization of net gain (loss) (1,404) 558 (3) (849) Settlement loss (1,518) — — (1,518) ($2,922) $4,032 ($3) $1,107 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68) 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, the Entergy Corporation Retirement Plan for Non-Bargaining Employees, the Entergy Corporation Retirement Plan II for Bargaining Employees, and the Entergy Corporation Retirement Plan II for Non-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 New Orleans, Entergy Texas, and System Energy each participate in one or both of the Entergy Corporation Retirement Plan for Bargaining Employees and the Entergy Corporation Retirement Plan for Non-Bargaining Employees and incurred settlement costs. Similar to other pension costs, the settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans each received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve 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 September 30, 2022, the balance in this reserve was approximately $25.4 million. Employer Contributions Based on current assumptions, Entergy expects to contribute $400 million to its qualified pension plans in 2022. As of September 30, 2022, Entergy had contributed $170 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 $78,605 $41,641 $27,716 $922 $1,924 $26,376 Pension contributions made through September 2022 $44,300 $24,319 $15,685 $922 $1,632 $12,754 Remaining estimated pension contributions to be made in 2022 $34,305 $17,322 $12,031 $— $292 $13,622

Business Segment Information

Business Segment Information	9 Months Ended
	Sep. 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 September 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 third quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $4,156,616 $62,009 $— ($10) $4,218,615 Income taxes $178,088 $18,252 ($12,228) $— $184,112 Consolidated net income (loss) $667,162 ($18,745) ($37,125) ($55,410) $555,882 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 Entergy’s segment financial information for the nine months ended September 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $10,191,041 $300,720 $— ($24) $10,491,737 Income taxes ($118,257) $46,340 ($37,117) $— ($109,034) Consolidated net income (loss) $1,166,866 $76,501 ($113,273) ($130,608) $999,486 Total assets as of September 30, 2022 $61,784,169 $465,865 $603,672 ($3,878,411) $58,975,295 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of 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 third 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 July 1, $40 $— $40 $33 $— $33 Restructuring costs accrued — — — 2 — 2 Cash paid out 40 — 40 — — — Balance as of September 30, $— $— $— $35 $— $35 Total restructuring charges for the nine months ended September 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 9 1 10 Cash paid out 40 — 40 119 15 134 Balance as of September 30, $— $— $— $35 $— $35 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the nine months ended September 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 nine months ended September 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. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy Arkansas [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy’s reportable segments as of September 30, 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 third quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $4,156,616 $62,009 $— ($10) $4,218,615 Income taxes $178,088 $18,252 ($12,228) $— $184,112 Consolidated net income (loss) $667,162 ($18,745) ($37,125) ($55,410) $555,882 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 Entergy’s segment financial information for the nine months ended September 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $10,191,041 $300,720 $— ($24) $10,491,737 Income taxes ($118,257) $46,340 ($37,117) $— ($109,034) Consolidated net income (loss) $1,166,866 $76,501 ($113,273) ($130,608) $999,486 Total assets as of September 30, 2022 $61,784,169 $465,865 $603,672 ($3,878,411) $58,975,295 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of 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 third 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 July 1, $40 $— $40 $33 $— $33 Restructuring costs accrued — — — 2 — 2 Cash paid out 40 — 40 — — — Balance as of September 30, $— $— $— $35 $— $35 Total restructuring charges for the nine months ended September 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 9 1 10 Cash paid out 40 — 40 119 15 134 Balance as of September 30, $— $— $— $35 $— $35 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the nine months ended September 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 nine months ended September 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. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy Louisiana [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy’s reportable segments as of September 30, 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 third quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $4,156,616 $62,009 $— ($10) $4,218,615 Income taxes $178,088 $18,252 ($12,228) $— $184,112 Consolidated net income (loss) $667,162 ($18,745) ($37,125) ($55,410) $555,882 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 Entergy’s segment financial information for the nine months ended September 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $10,191,041 $300,720 $— ($24) $10,491,737 Income taxes ($118,257) $46,340 ($37,117) $— ($109,034) Consolidated net income (loss) $1,166,866 $76,501 ($113,273) ($130,608) $999,486 Total assets as of September 30, 2022 $61,784,169 $465,865 $603,672 ($3,878,411) $58,975,295 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of 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 third 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 July 1, $40 $— $40 $33 $— $33 Restructuring costs accrued — — — 2 — 2 Cash paid out 40 — 40 — — — Balance as of September 30, $— $— $— $35 $— $35 Total restructuring charges for the nine months ended September 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 9 1 10 Cash paid out 40 — 40 119 15 134 Balance as of September 30, $— $— $— $35 $— $35 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the nine months ended September 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 nine months ended September 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. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy Mississippi [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy’s reportable segments as of September 30, 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 third quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $4,156,616 $62,009 $— ($10) $4,218,615 Income taxes $178,088 $18,252 ($12,228) $— $184,112 Consolidated net income (loss) $667,162 ($18,745) ($37,125) ($55,410) $555,882 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 Entergy’s segment financial information for the nine months ended September 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $10,191,041 $300,720 $— ($24) $10,491,737 Income taxes ($118,257) $46,340 ($37,117) $— ($109,034) Consolidated net income (loss) $1,166,866 $76,501 ($113,273) ($130,608) $999,486 Total assets as of September 30, 2022 $61,784,169 $465,865 $603,672 ($3,878,411) $58,975,295 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of 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 third 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 July 1, $40 $— $40 $33 $— $33 Restructuring costs accrued — — — 2 — 2 Cash paid out 40 — 40 — — — Balance as of September 30, $— $— $— $35 $— $35 Total restructuring charges for the nine months ended September 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 9 1 10 Cash paid out 40 — 40 119 15 134 Balance as of September 30, $— $— $— $35 $— $35 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the nine months ended September 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 nine months ended September 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. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy New Orleans [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy’s reportable segments as of September 30, 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 third quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $4,156,616 $62,009 $— ($10) $4,218,615 Income taxes $178,088 $18,252 ($12,228) $— $184,112 Consolidated net income (loss) $667,162 ($18,745) ($37,125) ($55,410) $555,882 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 Entergy’s segment financial information for the nine months ended September 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $10,191,041 $300,720 $— ($24) $10,491,737 Income taxes ($118,257) $46,340 ($37,117) $— ($109,034) Consolidated net income (loss) $1,166,866 $76,501 ($113,273) ($130,608) $999,486 Total assets as of September 30, 2022 $61,784,169 $465,865 $603,672 ($3,878,411) $58,975,295 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of 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 third 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 July 1, $40 $— $40 $33 $— $33 Restructuring costs accrued — — — 2 — 2 Cash paid out 40 — 40 — — — Balance as of September 30, $— $— $— $35 $— $35 Total restructuring charges for the nine months ended September 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 9 1 10 Cash paid out 40 — 40 119 15 134 Balance as of September 30, $— $— $— $35 $— $35 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the nine months ended September 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 nine months ended September 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. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy Texas [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy’s reportable segments as of September 30, 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 third quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $4,156,616 $62,009 $— ($10) $4,218,615 Income taxes $178,088 $18,252 ($12,228) $— $184,112 Consolidated net income (loss) $667,162 ($18,745) ($37,125) ($55,410) $555,882 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 Entergy’s segment financial information for the nine months ended September 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $10,191,041 $300,720 $— ($24) $10,491,737 Income taxes ($118,257) $46,340 ($37,117) $— ($109,034) Consolidated net income (loss) $1,166,866 $76,501 ($113,273) ($130,608) $999,486 Total assets as of September 30, 2022 $61,784,169 $465,865 $603,672 ($3,878,411) $58,975,295 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of 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 third 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 July 1, $40 $— $40 $33 $— $33 Restructuring costs accrued — — — 2 — 2 Cash paid out 40 — 40 — — — Balance as of September 30, $— $— $— $35 $— $35 Total restructuring charges for the nine months ended September 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 9 1 10 Cash paid out 40 — 40 119 15 134 Balance as of September 30, $— $— $— $35 $— $35 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the nine months ended September 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 nine months ended September 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. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
System Energy [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy’s reportable segments as of September 30, 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 third quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $4,156,616 $62,009 $— ($10) $4,218,615 Income taxes $178,088 $18,252 ($12,228) $— $184,112 Consolidated net income (loss) $667,162 ($18,745) ($37,125) ($55,410) $555,882 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 Entergy’s segment financial information for the nine months ended September 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $10,191,041 $300,720 $— ($24) $10,491,737 Income taxes ($118,257) $46,340 ($37,117) $— ($109,034) Consolidated net income (loss) $1,166,866 $76,501 ($113,273) ($130,608) $999,486 Total assets as of September 30, 2022 $61,784,169 $465,865 $603,672 ($3,878,411) $58,975,295 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of 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 third 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 July 1, $40 $— $40 $33 $— $33 Restructuring costs accrued — — — 2 — 2 Cash paid out 40 — 40 — — — Balance as of September 30, $— $— $— $35 $— $35 Total restructuring charges for the nine months ended September 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 9 1 10 Cash paid out 40 — 40 119 15 134 Balance as of September 30, $— $— $— $35 $— $35 In addition, Entergy Wholesale Commodities recorded a gain of $166 million in the nine months ended September 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 nine months ended September 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. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.

Risk Management And Fair Values

Risk Management And Fair Values	9 Months Ended
	Sep. 30, 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 September 30, 2022 and December 31, 2021. Cash collateral of $8 million was required to be posted by the Entergy subsidiary to its counterparties as of September 30, 2022 and December 31, 2021. 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 September 30, 2022 is 1.5 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of September 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 September 30, 2022 is 22,880,037 MMBtu for Entergy, including 10,960,000 MMBtu for Entergy Louisiana, 10,701,000 MMBtu for Entergy Mississippi, and 1,219,037 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 September 30, 2022 is 96,835 GWh for Entergy, including 22,176 GWh for Entergy Arkansas, 43,396 GWh for Entergy Louisiana, 10,515 GWh for Entergy Mississippi, 4,153 GWh for Entergy New Orleans, and 16,473 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 September 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2022 and for Entergy Mississippi and Entergy Texas as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 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 $22 $— $22 Utility Natural gas swaps and options Other deferred debits and other assets $8 $— $8 Utility Financial transmission rights Prepayments and other $23 ($2) $21 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 $8 million posted as of September 30, 2022 and December 31, 2021. Also excludes letters of credit in the amount of $3 million posted as of September 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 September 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 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 nine months ended September 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 income statements for the three months ended September 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) $42 Financial transmission rights Purchased power expense (b) $30 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 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) $120 Financial transmission rights Purchased power expense (b) $90 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 September 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 $20.1 $— $20.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.0 $— $8.0 Entergy Louisiana Natural gas swaps Prepayments and other $2.0 $— $2.0 Entergy Mississippi Financial transmission rights Prepayments and other $9.6 $— $9.6 Entergy Arkansas Financial transmission rights Prepayments and other $10.0 ($0.6) $9.4 Entergy Louisiana Financial transmission rights Prepayments and other $1.5 $— $1.5 Entergy Mississippi Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy New Orleans Liabilities: Natural gas swaps Other current liabilities $0.4 $— $0.4 Entergy New Orleans Financial transmission rights Other current liabilities $0.9 ($1.3) ($0.4) Entergy Texas 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 September 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 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 September 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 $17.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $24.4 (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 $12.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.2 (b) Entergy Louisiana Financial transmission rights Purchased power expense $4.8 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.3 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 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 $37.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $81.9 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.7 (a) Entergy New Orleans Financial transmission rights Purchased power expense $35.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $35.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $8.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $3.0 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.2 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas (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 t
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 September 30, 2022 and December 31, 2021. Cash collateral of $8 million was required to be posted by the Entergy subsidiary to its counterparties as of September 30, 2022 and December 31, 2021. 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 September 30, 2022 is 1.5 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of September 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 September 30, 2022 is 22,880,037 MMBtu for Entergy, including 10,960,000 MMBtu for Entergy Louisiana, 10,701,000 MMBtu for Entergy Mississippi, and 1,219,037 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 September 30, 2022 is 96,835 GWh for Entergy, including 22,176 GWh for Entergy Arkansas, 43,396 GWh for Entergy Louisiana, 10,515 GWh for Entergy Mississippi, 4,153 GWh for Entergy New Orleans, and 16,473 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 September 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2022 and for Entergy Mississippi and Entergy Texas as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 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 $22 $— $22 Utility Natural gas swaps and options Other deferred debits and other assets $8 $— $8 Utility Financial transmission rights Prepayments and other $23 ($2) $21 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 $8 million posted as of September 30, 2022 and December 31, 2021. Also excludes letters of credit in the amount of $3 million posted as of September 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 September 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 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 nine months ended September 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 income statements for the three months ended September 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) $42 Financial transmission rights Purchased power expense (b) $30 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 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) $120 Financial transmission rights Purchased power expense (b) $90 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 September 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 $20.1 $— $20.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.0 $— $8.0 Entergy Louisiana Natural gas swaps Prepayments and other $2.0 $— $2.0 Entergy Mississippi Financial transmission rights Prepayments and other $9.6 $— $9.6 Entergy Arkansas Financial transmission rights Prepayments and other $10.0 ($0.6) $9.4 Entergy Louisiana Financial transmission rights Prepayments and other $1.5 $— $1.5 Entergy Mississippi Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy New Orleans Liabilities: Natural gas swaps Other current liabilities $0.4 $— $0.4 Entergy New Orleans Financial transmission rights Other current liabilities $0.9 ($1.3) ($0.4) Entergy Texas 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 September 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 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 September 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 $17.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $24.4 (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 $12.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.2 (b) Entergy Louisiana Financial transmission rights Purchased power expense $4.8 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.3 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 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 $37.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $81.9 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.7 (a) Entergy New Orleans Financial transmission rights Purchased power expense $35.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $35.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $8.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $3.0 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.2 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas (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 t
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 September 30, 2022 and December 31, 2021. Cash collateral of $8 million was required to be posted by the Entergy subsidiary to its counterparties as of September 30, 2022 and December 31, 2021. 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 September 30, 2022 is 1.5 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of September 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 September 30, 2022 is 22,880,037 MMBtu for Entergy, including 10,960,000 MMBtu for Entergy Louisiana, 10,701,000 MMBtu for Entergy Mississippi, and 1,219,037 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 September 30, 2022 is 96,835 GWh for Entergy, including 22,176 GWh for Entergy Arkansas, 43,396 GWh for Entergy Louisiana, 10,515 GWh for Entergy Mississippi, 4,153 GWh for Entergy New Orleans, and 16,473 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 September 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2022 and for Entergy Mississippi and Entergy Texas as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 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 $22 $— $22 Utility Natural gas swaps and options Other deferred debits and other assets $8 $— $8 Utility Financial transmission rights Prepayments and other $23 ($2) $21 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 $8 million posted as of September 30, 2022 and December 31, 2021. Also excludes letters of credit in the amount of $3 million posted as of September 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 September 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 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 nine months ended September 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 income statements for the three months ended September 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) $42 Financial transmission rights Purchased power expense (b) $30 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 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) $120 Financial transmission rights Purchased power expense (b) $90 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 September 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 $20.1 $— $20.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.0 $— $8.0 Entergy Louisiana Natural gas swaps Prepayments and other $2.0 $— $2.0 Entergy Mississippi Financial transmission rights Prepayments and other $9.6 $— $9.6 Entergy Arkansas Financial transmission rights Prepayments and other $10.0 ($0.6) $9.4 Entergy Louisiana Financial transmission rights Prepayments and other $1.5 $— $1.5 Entergy Mississippi Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy New Orleans Liabilities: Natural gas swaps Other current liabilities $0.4 $— $0.4 Entergy New Orleans Financial transmission rights Other current liabilities $0.9 ($1.3) ($0.4) Entergy Texas 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 September 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 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 September 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 $17.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $24.4 (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 $12.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.2 (b) Entergy Louisiana Financial transmission rights Purchased power expense $4.8 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.3 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 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 $37.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $81.9 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.7 (a) Entergy New Orleans Financial transmission rights Purchased power expense $35.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $35.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $8.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $3.0 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.2 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas (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 t
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 September 30, 2022 and December 31, 2021. Cash collateral of $8 million was required to be posted by the Entergy subsidiary to its counterparties as of September 30, 2022 and December 31, 2021. 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 September 30, 2022 is 1.5 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of September 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 September 30, 2022 is 22,880,037 MMBtu for Entergy, including 10,960,000 MMBtu for Entergy Louisiana, 10,701,000 MMBtu for Entergy Mississippi, and 1,219,037 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 September 30, 2022 is 96,835 GWh for Entergy, including 22,176 GWh for Entergy Arkansas, 43,396 GWh for Entergy Louisiana, 10,515 GWh for Entergy Mississippi, 4,153 GWh for Entergy New Orleans, and 16,473 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 September 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2022 and for Entergy Mississippi and Entergy Texas as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 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 $22 $— $22 Utility Natural gas swaps and options Other deferred debits and other assets $8 $— $8 Utility Financial transmission rights Prepayments and other $23 ($2) $21 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 $8 million posted as of September 30, 2022 and December 31, 2021. Also excludes letters of credit in the amount of $3 million posted as of September 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 September 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 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 nine months ended September 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 income statements for the three months ended September 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) $42 Financial transmission rights Purchased power expense (b) $30 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 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) $120 Financial transmission rights Purchased power expense (b) $90 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 September 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 $20.1 $— $20.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.0 $— $8.0 Entergy Louisiana Natural gas swaps Prepayments and other $2.0 $— $2.0 Entergy Mississippi Financial transmission rights Prepayments and other $9.6 $— $9.6 Entergy Arkansas Financial transmission rights Prepayments and other $10.0 ($0.6) $9.4 Entergy Louisiana Financial transmission rights Prepayments and other $1.5 $— $1.5 Entergy Mississippi Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy New Orleans Liabilities: Natural gas swaps Other current liabilities $0.4 $— $0.4 Entergy New Orleans Financial transmission rights Other current liabilities $0.9 ($1.3) ($0.4) Entergy Texas 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 September 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 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 September 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 $17.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $24.4 (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 $12.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.2 (b) Entergy Louisiana Financial transmission rights Purchased power expense $4.8 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.3 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 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 $37.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $81.9 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.7 (a) Entergy New Orleans Financial transmission rights Purchased power expense $35.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $35.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $8.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $3.0 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.2 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas (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 t
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 September 30, 2022 and December 31, 2021. Cash collateral of $8 million was required to be posted by the Entergy subsidiary to its counterparties as of September 30, 2022 and December 31, 2021. 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 September 30, 2022 is 1.5 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of September 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 September 30, 2022 is 22,880,037 MMBtu for Entergy, including 10,960,000 MMBtu for Entergy Louisiana, 10,701,000 MMBtu for Entergy Mississippi, and 1,219,037 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 September 30, 2022 is 96,835 GWh for Entergy, including 22,176 GWh for Entergy Arkansas, 43,396 GWh for Entergy Louisiana, 10,515 GWh for Entergy Mississippi, 4,153 GWh for Entergy New Orleans, and 16,473 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 September 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2022 and for Entergy Mississippi and Entergy Texas as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 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 $22 $— $22 Utility Natural gas swaps and options Other deferred debits and other assets $8 $— $8 Utility Financial transmission rights Prepayments and other $23 ($2) $21 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 $8 million posted as of September 30, 2022 and December 31, 2021. Also excludes letters of credit in the amount of $3 million posted as of September 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 September 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 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 nine months ended September 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 income statements for the three months ended September 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) $42 Financial transmission rights Purchased power expense (b) $30 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 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) $120 Financial transmission rights Purchased power expense (b) $90 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 September 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 $20.1 $— $20.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.0 $— $8.0 Entergy Louisiana Natural gas swaps Prepayments and other $2.0 $— $2.0 Entergy Mississippi Financial transmission rights Prepayments and other $9.6 $— $9.6 Entergy Arkansas Financial transmission rights Prepayments and other $10.0 ($0.6) $9.4 Entergy Louisiana Financial transmission rights Prepayments and other $1.5 $— $1.5 Entergy Mississippi Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy New Orleans Liabilities: Natural gas swaps Other current liabilities $0.4 $— $0.4 Entergy New Orleans Financial transmission rights Other current liabilities $0.9 ($1.3) ($0.4) Entergy Texas 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 September 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 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 September 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 $17.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $24.4 (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 $12.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.2 (b) Entergy Louisiana Financial transmission rights Purchased power expense $4.8 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.3 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 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 $37.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $81.9 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.7 (a) Entergy New Orleans Financial transmission rights Purchased power expense $35.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $35.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $8.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $3.0 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.2 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas (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 t
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 September 30, 2022 and December 31, 2021. Cash collateral of $8 million was required to be posted by the Entergy subsidiary to its counterparties as of September 30, 2022 and December 31, 2021. 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 September 30, 2022 is 1.5 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of September 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 September 30, 2022 is 22,880,037 MMBtu for Entergy, including 10,960,000 MMBtu for Entergy Louisiana, 10,701,000 MMBtu for Entergy Mississippi, and 1,219,037 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 September 30, 2022 is 96,835 GWh for Entergy, including 22,176 GWh for Entergy Arkansas, 43,396 GWh for Entergy Louisiana, 10,515 GWh for Entergy Mississippi, 4,153 GWh for Entergy New Orleans, and 16,473 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 September 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2022 and for Entergy Mississippi and Entergy Texas as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 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 $22 $— $22 Utility Natural gas swaps and options Other deferred debits and other assets $8 $— $8 Utility Financial transmission rights Prepayments and other $23 ($2) $21 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 $8 million posted as of September 30, 2022 and December 31, 2021. Also excludes letters of credit in the amount of $3 million posted as of September 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 September 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 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 nine months ended September 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 income statements for the three months ended September 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) $42 Financial transmission rights Purchased power expense (b) $30 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 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) $120 Financial transmission rights Purchased power expense (b) $90 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 September 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 $20.1 $— $20.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.0 $— $8.0 Entergy Louisiana Natural gas swaps Prepayments and other $2.0 $— $2.0 Entergy Mississippi Financial transmission rights Prepayments and other $9.6 $— $9.6 Entergy Arkansas Financial transmission rights Prepayments and other $10.0 ($0.6) $9.4 Entergy Louisiana Financial transmission rights Prepayments and other $1.5 $— $1.5 Entergy Mississippi Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy New Orleans Liabilities: Natural gas swaps Other current liabilities $0.4 $— $0.4 Entergy New Orleans Financial transmission rights Other current liabilities $0.9 ($1.3) ($0.4) Entergy Texas 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 September 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 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 September 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 $17.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $24.4 (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 $12.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.2 (b) Entergy Louisiana Financial transmission rights Purchased power expense $4.8 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.3 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 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 $37.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $81.9 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.7 (a) Entergy New Orleans Financial transmission rights Purchased power expense $35.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $35.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $8.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $3.0 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.2 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas (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 t
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 September 30, 2022 and December 31, 2021. Cash collateral of $8 million was required to be posted by the Entergy subsidiary to its counterparties as of September 30, 2022 and December 31, 2021. 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 September 30, 2022 is 1.5 years for Entergy Louisiana and the maximum length of time over which Entergy has executed natural gas swaps as of September 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 September 30, 2022 is 22,880,037 MMBtu for Entergy, including 10,960,000 MMBtu for Entergy Louisiana, 10,701,000 MMBtu for Entergy Mississippi, and 1,219,037 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 September 30, 2022 is 96,835 GWh for Entergy, including 22,176 GWh for Entergy Arkansas, 43,396 GWh for Entergy Louisiana, 10,515 GWh for Entergy Mississippi, 4,153 GWh for Entergy New Orleans, and 16,473 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 September 30, 2022 and December 31, 2021. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of September 30, 2022 and for Entergy Mississippi and Entergy Texas as of December 31, 2021. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 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 $22 $— $22 Utility Natural gas swaps and options Other deferred debits and other assets $8 $— $8 Utility Financial transmission rights Prepayments and other $23 ($2) $21 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 $8 million posted as of September 30, 2022 and December 31, 2021. Also excludes letters of credit in the amount of $3 million posted as of September 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 September 30, 2021, there were no effects resulting from Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2021 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 nine months ended September 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 income statements for the three months ended September 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) $42 Financial transmission rights Purchased power expense (b) $30 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 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) $120 Financial transmission rights Purchased power expense (b) $90 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 September 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 $20.1 $— $20.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.0 $— $8.0 Entergy Louisiana Natural gas swaps Prepayments and other $2.0 $— $2.0 Entergy Mississippi Financial transmission rights Prepayments and other $9.6 $— $9.6 Entergy Arkansas Financial transmission rights Prepayments and other $10.0 ($0.6) $9.4 Entergy Louisiana Financial transmission rights Prepayments and other $1.5 $— $1.5 Entergy Mississippi Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy New Orleans Liabilities: Natural gas swaps Other current liabilities $0.4 $— $0.4 Entergy New Orleans Financial transmission rights Other current liabilities $0.9 ($1.3) ($0.4) Entergy Texas 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 September 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 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 September 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 $17.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $24.4 (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 $12.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.2 (b) Entergy Louisiana Financial transmission rights Purchased power expense $4.8 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.3 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 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 $37.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $81.9 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.7 (a) Entergy New Orleans Financial transmission rights Purchased power expense $35.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $35.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $8.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $3.0 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.2 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas (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 t

Decommissioning Trust Funds

Decommissioning Trust Funds	9 Months Ended
	Sep. 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 nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($120) million and ($767) million, respectively. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $1,626 $2 $232 2021 Debt Securities $2,177 $65 $12 The unrealized gains/(losses) above are reported before deferred taxes of $2 million as of December 31, 2021 for debt securities. As of September 30, 2022, there were no deferred taxes on unrealized gains/(losses). The amortized cost of available-for-sale debt securities was $1,856 million as of September 30, 2022 and $2,125 million as of December 31, 2021. As of September 30, 2022, available-for-sale debt securities had an average coupon rate of approximately 2.98%, an average duration of approximately 6.31 years, and an average maturity of approximately 10.38 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $1,211 $165 $770 $8 More than 12 months 339 67 99 4 Total $1,550 $232 $869 $12 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $77 $— 1 year - 5 years 526 473 5 years - 10 years 456 655 10 years - 15 years 111 389 15 years - 20 years 139 130 20 years+ 317 530 Total $1,626 $2,177 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $119 million and $354 million, respectively. During the three months ended September 30, 2022 and 2021, gross gains of $0.2 million and $8 million, respectively, and gross losses of $8 million and $2 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $755 million and $1,151 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $2 million and $24 million, respectively, and gross losses of $36 million and $15 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 September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $461.1 $— $73.7 2021 Debt Securities $526.3 $11.4 $4.7 The amortized cost of available-for-sale debt securities was $534.8 million as of September 30, 2022 and $519.6 million as of December 31, 2021. As of September 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.22%, an average duration of approximately 5.81 years, and an average maturity of approximately 7.16 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($35.3) million and ($229.2) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $288.3 $40.5 $183.8 $2.9 More than 12 months 159.8 33.2 39.5 1.8 Total $448.1 $73.7 $223.3 $4.7 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $40.5 $— 1 year - 5 years 156.7 91.7 5 years - 10 years 180.1 217.4 10 years - 15 years 34.5 146.0 15 years - 20 years 30.8 35.7 20 years+ 18.5 35.5 Total $461.1 $526.3 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $17.2 million and $20.6 million, respectively. During the three months ended September 30, 2022, there were no gross gains related to available-for-sale securities reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2021, gross gains of $0.7 million related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2022 and 2021, gross losses of $2 million and $0.2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $33.1 million and $46.7 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $0.1 million and $2.3 million, respectively, and gross losses of $2.5 million and $0.3 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $714.7 $1.8 $86.6 2021 Debt Securities $794.2 $31.3 $3.3 The amortized cost of available-for-sale debt securities was $799.5 million as of September 30, 2022 and $766.3 million as of December 31, 2021. As of September 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 3.67%, an average duration of approximately 6.65 years, and an average maturity of approximately 12.57 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($51.6) million and ($322.9) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $579.8 $68.8 $206.9 $1.4 More than 12 months 76.5 17.8 42.9 1.9 Total $656.3 $86.6 $249.8 $3.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $29.3 $— 1 year - 5 years 184.7 157.8 5 years - 10 years 152.6 173.0 10 years - 15 years 67.9 123.0 15 years - 20 years 80.5 80.2 20 years+ 199.7 260.2 Total $714.7 $794.2 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $47.6 million and $20.5 million, respectively. During the three months ended September 30, 2022 and 2021, gross gains of $0.2 million and $0.9 million, respectively, and gross losses of $2.8 million and $23.5 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $288.5 million and $191.4 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $1.3 million and $5.6 million, respectively, and gross losses of $15 million and $3.4 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. System Energy System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $450.7 $0.1 $71.2 2021 Debt Securities $524.5 $11.8 $2.9 The amortized cost of available-for-sale debt securities was $521.8 million as of September 30, 2022 and $515.6 million as of December 31, 2021. As of September 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.67%, an average duration of approximately 6.30 years, and an average maturity of approximately 10.22 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($33.2) million and ($215) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $342.7 $55.2 $276.6 $2.3 More than 12 months 102.2 16.0 11.3 0.6 Total $444.9 $71.2 $287.9 $2.9 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $7.7 $— 1 year - 5 years 184.4 156.8 5 years - 10 years 123.6 161.8 10 years - 15 years 9.0 58.6 15 years - 20 years 27.6 1.9 20 years+ 98.4 145.4 Total $450.7 $524.5 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $54.6 million and $292.8 million, respectively. During the three months ended September 30, 2022 and 2021, gross gains of $0.02 million and $5.9 million, respectively, and gross losses of $3 million and $2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $158.6 million and $468.5 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $0.2 million and $9 million, respectively, and gross losses of $8.3 million and $3.8 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 September 30, 2022, Entergy did not have 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 September 30, 2022. Entergy recorded $1.5 million in impairments
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 nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($120) million and ($767) million, respectively. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $1,626 $2 $232 2021 Debt Securities $2,177 $65 $12 The unrealized gains/(losses) above are reported before deferred taxes of $2 million as of December 31, 2021 for debt securities. As of September 30, 2022, there were no deferred taxes on unrealized gains/(losses). The amortized cost of available-for-sale debt securities was $1,856 million as of September 30, 2022 and $2,125 million as of December 31, 2021. As of September 30, 2022, available-for-sale debt securities had an average coupon rate of approximately 2.98%, an average duration of approximately 6.31 years, and an average maturity of approximately 10.38 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $1,211 $165 $770 $8 More than 12 months 339 67 99 4 Total $1,550 $232 $869 $12 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $77 $— 1 year - 5 years 526 473 5 years - 10 years 456 655 10 years - 15 years 111 389 15 years - 20 years 139 130 20 years+ 317 530 Total $1,626 $2,177 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $119 million and $354 million, respectively. During the three months ended September 30, 2022 and 2021, gross gains of $0.2 million and $8 million, respectively, and gross losses of $8 million and $2 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $755 million and $1,151 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $2 million and $24 million, respectively, and gross losses of $36 million and $15 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 September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $461.1 $— $73.7 2021 Debt Securities $526.3 $11.4 $4.7 The amortized cost of available-for-sale debt securities was $534.8 million as of September 30, 2022 and $519.6 million as of December 31, 2021. As of September 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.22%, an average duration of approximately 5.81 years, and an average maturity of approximately 7.16 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($35.3) million and ($229.2) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $288.3 $40.5 $183.8 $2.9 More than 12 months 159.8 33.2 39.5 1.8 Total $448.1 $73.7 $223.3 $4.7 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $40.5 $— 1 year - 5 years 156.7 91.7 5 years - 10 years 180.1 217.4 10 years - 15 years 34.5 146.0 15 years - 20 years 30.8 35.7 20 years+ 18.5 35.5 Total $461.1 $526.3 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $17.2 million and $20.6 million, respectively. During the three months ended September 30, 2022, there were no gross gains related to available-for-sale securities reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2021, gross gains of $0.7 million related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2022 and 2021, gross losses of $2 million and $0.2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $33.1 million and $46.7 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $0.1 million and $2.3 million, respectively, and gross losses of $2.5 million and $0.3 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $714.7 $1.8 $86.6 2021 Debt Securities $794.2 $31.3 $3.3 The amortized cost of available-for-sale debt securities was $799.5 million as of September 30, 2022 and $766.3 million as of December 31, 2021. As of September 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 3.67%, an average duration of approximately 6.65 years, and an average maturity of approximately 12.57 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($51.6) million and ($322.9) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $579.8 $68.8 $206.9 $1.4 More than 12 months 76.5 17.8 42.9 1.9 Total $656.3 $86.6 $249.8 $3.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $29.3 $— 1 year - 5 years 184.7 157.8 5 years - 10 years 152.6 173.0 10 years - 15 years 67.9 123.0 15 years - 20 years 80.5 80.2 20 years+ 199.7 260.2 Total $714.7 $794.2 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $47.6 million and $20.5 million, respectively. During the three months ended September 30, 2022 and 2021, gross gains of $0.2 million and $0.9 million, respectively, and gross losses of $2.8 million and $23.5 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $288.5 million and $191.4 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $1.3 million and $5.6 million, respectively, and gross losses of $15 million and $3.4 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. System Energy System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $450.7 $0.1 $71.2 2021 Debt Securities $524.5 $11.8 $2.9 The amortized cost of available-for-sale debt securities was $521.8 million as of September 30, 2022 and $515.6 million as of December 31, 2021. As of September 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.67%, an average duration of approximately 6.30 years, and an average maturity of approximately 10.22 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($33.2) million and ($215) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $342.7 $55.2 $276.6 $2.3 More than 12 months 102.2 16.0 11.3 0.6 Total $444.9 $71.2 $287.9 $2.9 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $7.7 $— 1 year - 5 years 184.4 156.8 5 years - 10 years 123.6 161.8 10 years - 15 years 9.0 58.6 15 years - 20 years 27.6 1.9 20 years+ 98.4 145.4 Total $450.7 $524.5 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $54.6 million and $292.8 million, respectively. During the three months ended September 30, 2022 and 2021, gross gains of $0.02 million and $5.9 million, respectively, and gross losses of $3 million and $2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $158.6 million and $468.5 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $0.2 million and $9 million, respectively, and gross losses of $8.3 million and $3.8 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 September 30, 2022, Entergy did not have 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 September 30, 2022. Entergy recorded $1.5 million in impairments
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 nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($120) million and ($767) million, respectively. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $1,626 $2 $232 2021 Debt Securities $2,177 $65 $12 The unrealized gains/(losses) above are reported before deferred taxes of $2 million as of December 31, 2021 for debt securities. As of September 30, 2022, there were no deferred taxes on unrealized gains/(losses). The amortized cost of available-for-sale debt securities was $1,856 million as of September 30, 2022 and $2,125 million as of December 31, 2021. As of September 30, 2022, available-for-sale debt securities had an average coupon rate of approximately 2.98%, an average duration of approximately 6.31 years, and an average maturity of approximately 10.38 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $1,211 $165 $770 $8 More than 12 months 339 67 99 4 Total $1,550 $232 $869 $12 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $77 $— 1 year - 5 years 526 473 5 years - 10 years 456 655 10 years - 15 years 111 389 15 years - 20 years 139 130 20 years+ 317 530 Total $1,626 $2,177 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $119 million and $354 million, respectively. During the three months ended September 30, 2022 and 2021, gross gains of $0.2 million and $8 million, respectively, and gross losses of $8 million and $2 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $755 million and $1,151 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $2 million and $24 million, respectively, and gross losses of $36 million and $15 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 September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $461.1 $— $73.7 2021 Debt Securities $526.3 $11.4 $4.7 The amortized cost of available-for-sale debt securities was $534.8 million as of September 30, 2022 and $519.6 million as of December 31, 2021. As of September 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.22%, an average duration of approximately 5.81 years, and an average maturity of approximately 7.16 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($35.3) million and ($229.2) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $288.3 $40.5 $183.8 $2.9 More than 12 months 159.8 33.2 39.5 1.8 Total $448.1 $73.7 $223.3 $4.7 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $40.5 $— 1 year - 5 years 156.7 91.7 5 years - 10 years 180.1 217.4 10 years - 15 years 34.5 146.0 15 years - 20 years 30.8 35.7 20 years+ 18.5 35.5 Total $461.1 $526.3 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $17.2 million and $20.6 million, respectively. During the three months ended September 30, 2022, there were no gross gains related to available-for-sale securities reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2021, gross gains of $0.7 million related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2022 and 2021, gross losses of $2 million and $0.2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $33.1 million and $46.7 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $0.1 million and $2.3 million, respectively, and gross losses of $2.5 million and $0.3 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $714.7 $1.8 $86.6 2021 Debt Securities $794.2 $31.3 $3.3 The amortized cost of available-for-sale debt securities was $799.5 million as of September 30, 2022 and $766.3 million as of December 31, 2021. As of September 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 3.67%, an average duration of approximately 6.65 years, and an average maturity of approximately 12.57 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($51.6) million and ($322.9) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $579.8 $68.8 $206.9 $1.4 More than 12 months 76.5 17.8 42.9 1.9 Total $656.3 $86.6 $249.8 $3.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $29.3 $— 1 year - 5 years 184.7 157.8 5 years - 10 years 152.6 173.0 10 years - 15 years 67.9 123.0 15 years - 20 years 80.5 80.2 20 years+ 199.7 260.2 Total $714.7 $794.2 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $47.6 million and $20.5 million, respectively. During the three months ended September 30, 2022 and 2021, gross gains of $0.2 million and $0.9 million, respectively, and gross losses of $2.8 million and $23.5 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $288.5 million and $191.4 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $1.3 million and $5.6 million, respectively, and gross losses of $15 million and $3.4 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. System Energy System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $450.7 $0.1 $71.2 2021 Debt Securities $524.5 $11.8 $2.9 The amortized cost of available-for-sale debt securities was $521.8 million as of September 30, 2022 and $515.6 million as of December 31, 2021. As of September 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.67%, an average duration of approximately 6.30 years, and an average maturity of approximately 10.22 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($33.2) million and ($215) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $342.7 $55.2 $276.6 $2.3 More than 12 months 102.2 16.0 11.3 0.6 Total $444.9 $71.2 $287.9 $2.9 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $7.7 $— 1 year - 5 years 184.4 156.8 5 years - 10 years 123.6 161.8 10 years - 15 years 9.0 58.6 15 years - 20 years 27.6 1.9 20 years+ 98.4 145.4 Total $450.7 $524.5 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $54.6 million and $292.8 million, respectively. During the three months ended September 30, 2022 and 2021, gross gains of $0.02 million and $5.9 million, respectively, and gross losses of $3 million and $2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $158.6 million and $468.5 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $0.2 million and $9 million, respectively, and gross losses of $8.3 million and $3.8 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 September 30, 2022, Entergy did not have 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 September 30, 2022. Entergy recorded $1.5 million in impairments
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 nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($120) million and ($767) million, respectively. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index or the Russell 3000 Index. The debt securities are generally held in individual government and credit issuances. The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $1,626 $2 $232 2021 Debt Securities $2,177 $65 $12 The unrealized gains/(losses) above are reported before deferred taxes of $2 million as of December 31, 2021 for debt securities. As of September 30, 2022, there were no deferred taxes on unrealized gains/(losses). The amortized cost of available-for-sale debt securities was $1,856 million as of September 30, 2022 and $2,125 million as of December 31, 2021. As of September 30, 2022, available-for-sale debt securities had an average coupon rate of approximately 2.98%, an average duration of approximately 6.31 years, and an average maturity of approximately 10.38 years. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $1,211 $165 $770 $8 More than 12 months 339 67 99 4 Total $1,550 $232 $869 $12 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $77 $— 1 year - 5 years 526 473 5 years - 10 years 456 655 10 years - 15 years 111 389 15 years - 20 years 139 130 20 years+ 317 530 Total $1,626 $2,177 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $119 million and $354 million, respectively. During the three months ended September 30, 2022 and 2021, gross gains of $0.2 million and $8 million, respectively, and gross losses of $8 million and $2 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $755 million and $1,151 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $2 million and $24 million, respectively, and gross losses of $36 million and $15 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 September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $461.1 $— $73.7 2021 Debt Securities $526.3 $11.4 $4.7 The amortized cost of available-for-sale debt securities was $534.8 million as of September 30, 2022 and $519.6 million as of December 31, 2021. As of September 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.22%, an average duration of approximately 5.81 years, and an average maturity of approximately 7.16 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($35.3) million and ($229.2) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $288.3 $40.5 $183.8 $2.9 More than 12 months 159.8 33.2 39.5 1.8 Total $448.1 $73.7 $223.3 $4.7 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $40.5 $— 1 year - 5 years 156.7 91.7 5 years - 10 years 180.1 217.4 10 years - 15 years 34.5 146.0 15 years - 20 years 30.8 35.7 20 years+ 18.5 35.5 Total $461.1 $526.3 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $17.2 million and $20.6 million, respectively. During the three months ended September 30, 2022, there were no gross gains related to available-for-sale securities reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2021, gross gains of $0.7 million related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2022 and 2021, gross losses of $2 million and $0.2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $33.1 million and $46.7 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $0.1 million and $2.3 million, respectively, and gross losses of $2.5 million and $0.3 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $714.7 $1.8 $86.6 2021 Debt Securities $794.2 $31.3 $3.3 The amortized cost of available-for-sale debt securities was $799.5 million as of September 30, 2022 and $766.3 million as of December 31, 2021. As of September 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 3.67%, an average duration of approximately 6.65 years, and an average maturity of approximately 12.57 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($51.6) million and ($322.9) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $579.8 $68.8 $206.9 $1.4 More than 12 months 76.5 17.8 42.9 1.9 Total $656.3 $86.6 $249.8 $3.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $29.3 $— 1 year - 5 years 184.7 157.8 5 years - 10 years 152.6 173.0 10 years - 15 years 67.9 123.0 15 years - 20 years 80.5 80.2 20 years+ 199.7 260.2 Total $714.7 $794.2 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $47.6 million and $20.5 million, respectively. During the three months ended September 30, 2022 and 2021, gross gains of $0.2 million and $0.9 million, respectively, and gross losses of $2.8 million and $23.5 thousand, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $288.5 million and $191.4 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $1.3 million and $5.6 million, respectively, and gross losses of $15 million and $3.4 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. System Energy System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $450.7 $0.1 $71.2 2021 Debt Securities $524.5 $11.8 $2.9 The amortized cost of available-for-sale debt securities was $521.8 million as of September 30, 2022 and $515.6 million as of December 31, 2021. As of September 30, 2022, the available-for-sale debt securities had an average coupon rate of approximately 2.67%, an average duration of approximately 6.30 years, and an average maturity of approximately 10.22 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2022 on equity securities still held as of September 30, 2022 were ($33.2) million and ($215) million, respectively. The equity securities are generally held in funds that are designed to approximate the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds intended to replicate the return of the Wilshire 4500 Index. The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $342.7 $55.2 $276.6 $2.3 More than 12 months 102.2 16.0 11.3 0.6 Total $444.9 $71.2 $287.9 $2.9 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $7.7 $— 1 year - 5 years 184.4 156.8 5 years - 10 years 123.6 161.8 10 years - 15 years 9.0 58.6 15 years - 20 years 27.6 1.9 20 years+ 98.4 145.4 Total $450.7 $524.5 During the three months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $54.6 million and $292.8 million, respectively. During the three months ended September 30, 2022 and 2021, gross gains of $0.02 million and $5.9 million, respectively, and gross losses of $3 million and $2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the nine months ended September 30, 2022 and 2021, proceeds from the dispositions of available-for-sale securities amounted to $158.6 million and $468.5 million, respectively. During the nine months ended September 30, 2022 and 2021, gross gains of $0.2 million and $9 million, respectively, and gross losses of $8.3 million and $3.8 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 September 30, 2022, Entergy did not have 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 September 30, 2022. Entergy recorded $1.5 million in impairments

Income Taxes

Income Taxes	9 Months Ended
	Sep. 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 Nine Months 2022 2021 2022 2021 (In Millions) Entergy $16 $17 $50 $72 Entergy Arkansas $— $— $— $8 Entergy Louisiana $6 $8 $25 $24 Entergy New Orleans $— $— $1 $— Entergy Texas $10 $9 $24 $22 System Energy $— $— $— $18 Income Tax Audits As a result of income tax audit adjustments proposed by the Arkansas Department of Finance and Administration, an Entergy Wholesale Commodities subsidiary recorded a provision in third quarter 2022 for uncertain tax positions of approximately $21 million, which includes interest expense. 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 in second quarter 2022 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 in second quarter 2022 a $224 million ($165 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana securitization.
Entergy Arkansas [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, the Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory authorities. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting affects the effective tax rate for the period as compared to the statutory tax rate. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2022 2021 2022 2021 (In Millions) Entergy $16 $17 $50 $72 Entergy Arkansas $— $— $— $8 Entergy Louisiana $6 $8 $25 $24 Entergy New Orleans $— $— $1 $— Entergy Texas $10 $9 $24 $22 System Energy $— $— $— $18 Income Tax Audits As a result of income tax audit adjustments proposed by the Arkansas Department of Finance and Administration, an Entergy Wholesale Commodities subsidiary recorded a provision in third quarter 2022 for uncertain tax positions of approximately $21 million, which includes interest expense. 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 in second quarter 2022 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 in second quarter 2022 a $224 million ($165 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana securitization.
Entergy Louisiana [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, the Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory authorities. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting affects the effective tax rate for the period as compared to the statutory tax rate. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2022 2021 2022 2021 (In Millions) Entergy $16 $17 $50 $72 Entergy Arkansas $— $— $— $8 Entergy Louisiana $6 $8 $25 $24 Entergy New Orleans $— $— $1 $— Entergy Texas $10 $9 $24 $22 System Energy $— $— $— $18 Income Tax Audits As a result of income tax audit adjustments proposed by the Arkansas Department of Finance and Administration, an Entergy Wholesale Commodities subsidiary recorded a provision in third quarter 2022 for uncertain tax positions of approximately $21 million, which includes interest expense. 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 in second quarter 2022 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 in second quarter 2022 a $224 million ($165 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana securitization.
Entergy Mississippi [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, the Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory authorities. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting affects the effective tax rate for the period as compared to the statutory tax rate. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2022 2021 2022 2021 (In Millions) Entergy $16 $17 $50 $72 Entergy Arkansas $— $— $— $8 Entergy Louisiana $6 $8 $25 $24 Entergy New Orleans $— $— $1 $— Entergy Texas $10 $9 $24 $22 System Energy $— $— $— $18 Income Tax Audits As a result of income tax audit adjustments proposed by the Arkansas Department of Finance and Administration, an Entergy Wholesale Commodities subsidiary recorded a provision in third quarter 2022 for uncertain tax positions of approximately $21 million, which includes interest expense. 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 in second quarter 2022 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 in second quarter 2022 a $224 million ($165 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana securitization.
Entergy New Orleans [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, the Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory authorities. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting affects the effective tax rate for the period as compared to the statutory tax rate. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2022 2021 2022 2021 (In Millions) Entergy $16 $17 $50 $72 Entergy Arkansas $— $— $— $8 Entergy Louisiana $6 $8 $25 $24 Entergy New Orleans $— $— $1 $— Entergy Texas $10 $9 $24 $22 System Energy $— $— $— $18 Income Tax Audits As a result of income tax audit adjustments proposed by the Arkansas Department of Finance and Administration, an Entergy Wholesale Commodities subsidiary recorded a provision in third quarter 2022 for uncertain tax positions of approximately $21 million, which includes interest expense. 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 in second quarter 2022 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 in second quarter 2022 a $224 million ($165 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana securitization.
Entergy Texas [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, the Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory authorities. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting affects the effective tax rate for the period as compared to the statutory tax rate. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2022 2021 2022 2021 (In Millions) Entergy $16 $17 $50 $72 Entergy Arkansas $— $— $— $8 Entergy Louisiana $6 $8 $25 $24 Entergy New Orleans $— $— $1 $— Entergy Texas $10 $9 $24 $22 System Energy $— $— $— $18 Income Tax Audits As a result of income tax audit adjustments proposed by the Arkansas Department of Finance and Administration, an Entergy Wholesale Commodities subsidiary recorded a provision in third quarter 2022 for uncertain tax positions of approximately $21 million, which includes interest expense. 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 in second quarter 2022 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 in second quarter 2022 a $224 million ($165 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana securitization.
System Energy [Member]
Income Taxes	INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See “ Income Tax Audits ” and “ Other Tax Matters ” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. The following are updates to that discussion. Tax Cuts and Jobs Act During the second quarter 2018, the Registrant Subsidiaries began returning unprotected excess accumulated deferred income taxes, associated with the effects of the Tax Cuts and Jobs Act, to their customers through rate riders and other means approved by their respective regulatory authorities. Return of the unprotected excess accumulated deferred income taxes results in a reduction in the regulatory liability for income taxes and a corresponding reduction in income tax expense. This manner of regulatory accounting affects the effective tax rate for the period as compared to the statutory tax rate. The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2022 2021 2022 2021 (In Millions) Entergy $16 $17 $50 $72 Entergy Arkansas $— $— $— $8 Entergy Louisiana $6 $8 $25 $24 Entergy New Orleans $— $— $1 $— Entergy Texas $10 $9 $24 $22 System Energy $— $— $— $18 Income Tax Audits As a result of income tax audit adjustments proposed by the Arkansas Department of Finance and Administration, an Entergy Wholesale Commodities subsidiary recorded a provision in third quarter 2022 for uncertain tax positions of approximately $21 million, which includes interest expense. 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 in second quarter 2022 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 in second quarter 2022 a $224 million ($165 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to share the benefits of the securitization with customers. See Note 2 to the financial statements herein for discussion of the Entergy Louisiana securitization.

Property, Plant, And Equipment

Property, Plant, And Equipment	9 Months Ended
	Sep. 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 September 30, 2022 were $354 million for Entergy, $62.2 million for Entergy Arkansas, $155.6 million for Entergy Louisiana, $22.6 million for Entergy Mississippi, $6.7 million for Entergy New Orleans, $37.8 million for Entergy Texas, and $29.9 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 September 30, 2022 were $354 million for Entergy, $62.2 million for Entergy Arkansas, $155.6 million for Entergy Louisiana, $22.6 million for Entergy Mississippi, $6.7 million for Entergy New Orleans, $37.8 million for Entergy Texas, and $29.9 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 September 30, 2022 were $354 million for Entergy, $62.2 million for Entergy Arkansas, $155.6 million for Entergy Louisiana, $22.6 million for Entergy Mississippi, $6.7 million for Entergy New Orleans, $37.8 million for Entergy Texas, and $29.9 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 September 30, 2022 were $354 million for Entergy, $62.2 million for Entergy Arkansas, $155.6 million for Entergy Louisiana, $22.6 million for Entergy Mississippi, $6.7 million for Entergy New Orleans, $37.8 million for Entergy Texas, and $29.9 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 September 30, 2022 were $354 million for Entergy, $62.2 million for Entergy Arkansas, $155.6 million for Entergy Louisiana, $22.6 million for Entergy Mississippi, $6.7 million for Entergy New Orleans, $37.8 million for Entergy Texas, and $29.9 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 September 30, 2022 were $354 million for Entergy, $62.2 million for Entergy Arkansas, $155.6 million for Entergy Louisiana, $22.6 million for Entergy Mississippi, $6.7 million for Entergy New Orleans, $37.8 million for Entergy Texas, and $29.9 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 September 30, 2022 were $354 million for Entergy, $62.2 million for Entergy Arkansas, $155.6 million for Entergy Louisiana, $22.6 million for Entergy Mississippi, $6.7 million for Entergy New Orleans, $37.8 million for Entergy Texas, and $29.9 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	9 Months Ended
	Sep. 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 September 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 $17.2 million in each of the nine months ended September 30, 2022 and the nine months ended September 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 discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of September 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $136 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $108.8 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 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 September 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 $104.9 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 September 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 $17.2 million in each of the nine months ended September 30, 2022 and the nine months ended September 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 discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of September 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $136 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $108.8 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 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 September 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 $104.9 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 September 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 $17.2 million in each of the nine months ended September 30, 2022 and the nine months ended September 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 discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of September 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $136 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $108.8 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 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 September 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 $104.9 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 September 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 $17.2 million in each of the nine months ended September 30, 2022 and the nine months ended September 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 discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of September 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $136 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $108.8 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 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 September 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 $104.9 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 September 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 $17.2 million in each of the nine months ended September 30, 2022 and the nine months ended September 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 discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of September 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $136 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $108.8 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 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 September 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 $104.9 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 September 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 $17.2 million in each of the nine months ended September 30, 2022 and the nine months ended September 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 discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of September 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $136 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $108.8 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 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 September 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 $104.9 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 September 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 $17.2 million in each of the nine months ended September 30, 2022 and the nine months ended September 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 discussion on the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC. As of September 30, 2022, AR Searcy Partnership, LLC recorded assets equal to $136 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $108.8 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 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 September 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 $104.9 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 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 September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,570,940 $1,291,645 Commercial 940,604 756,903 Industrial 1,109,245 814,685 Governmental 84,649 66,167 Total billed retail 3,705,438 2,929,400 Sales for resale (a) 311,479 135,220 Other electric revenues (b) 83,679 81,343 Revenues from contracts with customers 4,100,596 3,145,963 Other revenues (c) 9,462 14,006 Total electric revenues 4,110,058 3,159,969 Natural gas 46,548 31,254 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 61,898 158,608 Other revenues (c) 111 3,701 Total competitive businesses revenues 62,009 162,309 Total operating revenues $4,218,615 $3,353,532 Entergy’s total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $3,592,025 $3,114,084 Commercial 2,290,893 1,958,284 Industrial 2,731,075 2,169,295 Governmental 209,044 184,576 Total billed retail 8,823,037 7,426,239 Sales for resale (a) 689,473 459,425 Other electric revenues (b) 420,710 348,683 Revenues from contracts with customers 9,933,220 8,234,347 Other revenues (c) 90,869 105,417 Total electric revenues 10,024,089 8,339,764 Natural gas 166,917 121,420 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 294,432 537,402 Other revenues (c) 6,299 21,854 Total competitive businesses revenues 300,731 559,256 Total operating revenues $10,491,737 $9,020,440 The Utility operating companies’ total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $323,767 $618,056 $206,708 $116,968 $305,441 Commercial 165,609 402,027 150,137 75,083 147,748 Industrial 175,304 693,445 50,931 10,973 178,592 Governmental 6,104 28,022 14,837 27,406 8,280 Total billed retail 670,784 1,741,550 422,613 230,430 640,061 Sales for resale (a) 157,008 191,664 56,162 33,158 9,149 Other electric revenues (b) 35,478 61,549 (21,997) (900) 10,895 Revenues from contracts with customers 863,270 1,994,763 456,778 262,688 660,105 Other revenues (c) 1,232 8,246 2,354 216 (549) Total electric revenues 864,502 2,003,009 459,132 262,904 659,556 Natural gas — 17,789 — 28,759 — Total operating revenues $864,502 $2,020,798 $459,132 $291,663 $659,556 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 The Utility operating companies’ total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $750,762 $1,372,538 $503,351 $256,110 $709,264 Commercial 406,078 949,680 379,075 179,456 376,604 Industrial 420,788 1,681,628 133,826 26,462 468,371 Governmental 15,702 68,880 39,449 62,617 22,396 Total billed retail 1,593,330 4,072,726 1,055,701 524,645 1,576,635 Sales for resale (a) 384,175 422,596 121,328 96,523 44,927 Other electric revenues (b) 136,870 185,405 29,665 17,936 54,874 Revenues from contracts with customers 2,114,375 4,680,727 1,206,694 639,104 1,676,436 Other revenues (c) 6,022 57,461 6,926 2,530 20,193 Total electric revenues 2,120,397 4,738,188 1,213,620 641,634 1,696,629 Natural gas — 64,367 — 102,550 — Total operating revenues $2,120,397 $4,802,555 $1,213,620 $744,184 $1,696,629 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 (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, unbilled revenue, and certain customer credits as directed by regulators. (c) Other revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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 nine months ended September 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) 28.8 12.1 8.3 1.5 4.0 2.9 Write-offs (95.1) (27.3) (38.1) (9.8) (11.7) (8.2) Recoveries 28.4 8.4 10.5 3.2 3.8 2.5 Balance as of September 30, 2022 $30.7 $6.3 $9.9 $2.1 $9.4 $3.0 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) 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($6.4) million for Entergy, $6.4 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 $23.8 million for Entergy, $14.0 million for Entergy Arkansas, $10.4 million for Entergy Louisiana, ($0.1) million for Entergy Mississippi, and ($0.5) million for Entergy New Orleans that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. Although the rate of customer write-offs has historically experienced minimal variation, there were increases in customer write-offs beginning in second quarter 2021 primarily resulting from the effects of the COVID-19 pandemic. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.
Entergy Arkansas [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,570,940 $1,291,645 Commercial 940,604 756,903 Industrial 1,109,245 814,685 Governmental 84,649 66,167 Total billed retail 3,705,438 2,929,400 Sales for resale (a) 311,479 135,220 Other electric revenues (b) 83,679 81,343 Revenues from contracts with customers 4,100,596 3,145,963 Other revenues (c) 9,462 14,006 Total electric revenues 4,110,058 3,159,969 Natural gas 46,548 31,254 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 61,898 158,608 Other revenues (c) 111 3,701 Total competitive businesses revenues 62,009 162,309 Total operating revenues $4,218,615 $3,353,532 Entergy’s total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $3,592,025 $3,114,084 Commercial 2,290,893 1,958,284 Industrial 2,731,075 2,169,295 Governmental 209,044 184,576 Total billed retail 8,823,037 7,426,239 Sales for resale (a) 689,473 459,425 Other electric revenues (b) 420,710 348,683 Revenues from contracts with customers 9,933,220 8,234,347 Other revenues (c) 90,869 105,417 Total electric revenues 10,024,089 8,339,764 Natural gas 166,917 121,420 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 294,432 537,402 Other revenues (c) 6,299 21,854 Total competitive businesses revenues 300,731 559,256 Total operating revenues $10,491,737 $9,020,440 The Utility operating companies’ total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $323,767 $618,056 $206,708 $116,968 $305,441 Commercial 165,609 402,027 150,137 75,083 147,748 Industrial 175,304 693,445 50,931 10,973 178,592 Governmental 6,104 28,022 14,837 27,406 8,280 Total billed retail 670,784 1,741,550 422,613 230,430 640,061 Sales for resale (a) 157,008 191,664 56,162 33,158 9,149 Other electric revenues (b) 35,478 61,549 (21,997) (900) 10,895 Revenues from contracts with customers 863,270 1,994,763 456,778 262,688 660,105 Other revenues (c) 1,232 8,246 2,354 216 (549) Total electric revenues 864,502 2,003,009 459,132 262,904 659,556 Natural gas — 17,789 — 28,759 — Total operating revenues $864,502 $2,020,798 $459,132 $291,663 $659,556 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 The Utility operating companies’ total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $750,762 $1,372,538 $503,351 $256,110 $709,264 Commercial 406,078 949,680 379,075 179,456 376,604 Industrial 420,788 1,681,628 133,826 26,462 468,371 Governmental 15,702 68,880 39,449 62,617 22,396 Total billed retail 1,593,330 4,072,726 1,055,701 524,645 1,576,635 Sales for resale (a) 384,175 422,596 121,328 96,523 44,927 Other electric revenues (b) 136,870 185,405 29,665 17,936 54,874 Revenues from contracts with customers 2,114,375 4,680,727 1,206,694 639,104 1,676,436 Other revenues (c) 6,022 57,461 6,926 2,530 20,193 Total electric revenues 2,120,397 4,738,188 1,213,620 641,634 1,696,629 Natural gas — 64,367 — 102,550 — Total operating revenues $2,120,397 $4,802,555 $1,213,620 $744,184 $1,696,629 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 (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, unbilled revenue, and certain customer credits as directed by regulators. (c) Other revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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 nine months ended September 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) 28.8 12.1 8.3 1.5 4.0 2.9 Write-offs (95.1) (27.3) (38.1) (9.8) (11.7) (8.2) Recoveries 28.4 8.4 10.5 3.2 3.8 2.5 Balance as of September 30, 2022 $30.7 $6.3 $9.9 $2.1 $9.4 $3.0 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) 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($6.4) million for Entergy, $6.4 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 $23.8 million for Entergy, $14.0 million for Entergy Arkansas, $10.4 million for Entergy Louisiana, ($0.1) million for Entergy Mississippi, and ($0.5) million for Entergy New Orleans that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. Although the rate of customer write-offs has historically experienced minimal variation, there were increases in customer write-offs beginning in second quarter 2021 primarily resulting from the effects of the COVID-19 pandemic. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.
Entergy Louisiana [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,570,940 $1,291,645 Commercial 940,604 756,903 Industrial 1,109,245 814,685 Governmental 84,649 66,167 Total billed retail 3,705,438 2,929,400 Sales for resale (a) 311,479 135,220 Other electric revenues (b) 83,679 81,343 Revenues from contracts with customers 4,100,596 3,145,963 Other revenues (c) 9,462 14,006 Total electric revenues 4,110,058 3,159,969 Natural gas 46,548 31,254 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 61,898 158,608 Other revenues (c) 111 3,701 Total competitive businesses revenues 62,009 162,309 Total operating revenues $4,218,615 $3,353,532 Entergy’s total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $3,592,025 $3,114,084 Commercial 2,290,893 1,958,284 Industrial 2,731,075 2,169,295 Governmental 209,044 184,576 Total billed retail 8,823,037 7,426,239 Sales for resale (a) 689,473 459,425 Other electric revenues (b) 420,710 348,683 Revenues from contracts with customers 9,933,220 8,234,347 Other revenues (c) 90,869 105,417 Total electric revenues 10,024,089 8,339,764 Natural gas 166,917 121,420 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 294,432 537,402 Other revenues (c) 6,299 21,854 Total competitive businesses revenues 300,731 559,256 Total operating revenues $10,491,737 $9,020,440 The Utility operating companies’ total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $323,767 $618,056 $206,708 $116,968 $305,441 Commercial 165,609 402,027 150,137 75,083 147,748 Industrial 175,304 693,445 50,931 10,973 178,592 Governmental 6,104 28,022 14,837 27,406 8,280 Total billed retail 670,784 1,741,550 422,613 230,430 640,061 Sales for resale (a) 157,008 191,664 56,162 33,158 9,149 Other electric revenues (b) 35,478 61,549 (21,997) (900) 10,895 Revenues from contracts with customers 863,270 1,994,763 456,778 262,688 660,105 Other revenues (c) 1,232 8,246 2,354 216 (549) Total electric revenues 864,502 2,003,009 459,132 262,904 659,556 Natural gas — 17,789 — 28,759 — Total operating revenues $864,502 $2,020,798 $459,132 $291,663 $659,556 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 The Utility operating companies’ total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $750,762 $1,372,538 $503,351 $256,110 $709,264 Commercial 406,078 949,680 379,075 179,456 376,604 Industrial 420,788 1,681,628 133,826 26,462 468,371 Governmental 15,702 68,880 39,449 62,617 22,396 Total billed retail 1,593,330 4,072,726 1,055,701 524,645 1,576,635 Sales for resale (a) 384,175 422,596 121,328 96,523 44,927 Other electric revenues (b) 136,870 185,405 29,665 17,936 54,874 Revenues from contracts with customers 2,114,375 4,680,727 1,206,694 639,104 1,676,436 Other revenues (c) 6,022 57,461 6,926 2,530 20,193 Total electric revenues 2,120,397 4,738,188 1,213,620 641,634 1,696,629 Natural gas — 64,367 — 102,550 — Total operating revenues $2,120,397 $4,802,555 $1,213,620 $744,184 $1,696,629 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 (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, unbilled revenue, and certain customer credits as directed by regulators. (c) Other revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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 nine months ended September 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) 28.8 12.1 8.3 1.5 4.0 2.9 Write-offs (95.1) (27.3) (38.1) (9.8) (11.7) (8.2) Recoveries 28.4 8.4 10.5 3.2 3.8 2.5 Balance as of September 30, 2022 $30.7 $6.3 $9.9 $2.1 $9.4 $3.0 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) 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($6.4) million for Entergy, $6.4 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 $23.8 million for Entergy, $14.0 million for Entergy Arkansas, $10.4 million for Entergy Louisiana, ($0.1) million for Entergy Mississippi, and ($0.5) million for Entergy New Orleans that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. Although the rate of customer write-offs has historically experienced minimal variation, there were increases in customer write-offs beginning in second quarter 2021 primarily resulting from the effects of the COVID-19 pandemic. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.
Entergy Mississippi [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,570,940 $1,291,645 Commercial 940,604 756,903 Industrial 1,109,245 814,685 Governmental 84,649 66,167 Total billed retail 3,705,438 2,929,400 Sales for resale (a) 311,479 135,220 Other electric revenues (b) 83,679 81,343 Revenues from contracts with customers 4,100,596 3,145,963 Other revenues (c) 9,462 14,006 Total electric revenues 4,110,058 3,159,969 Natural gas 46,548 31,254 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 61,898 158,608 Other revenues (c) 111 3,701 Total competitive businesses revenues 62,009 162,309 Total operating revenues $4,218,615 $3,353,532 Entergy’s total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $3,592,025 $3,114,084 Commercial 2,290,893 1,958,284 Industrial 2,731,075 2,169,295 Governmental 209,044 184,576 Total billed retail 8,823,037 7,426,239 Sales for resale (a) 689,473 459,425 Other electric revenues (b) 420,710 348,683 Revenues from contracts with customers 9,933,220 8,234,347 Other revenues (c) 90,869 105,417 Total electric revenues 10,024,089 8,339,764 Natural gas 166,917 121,420 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 294,432 537,402 Other revenues (c) 6,299 21,854 Total competitive businesses revenues 300,731 559,256 Total operating revenues $10,491,737 $9,020,440 The Utility operating companies’ total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $323,767 $618,056 $206,708 $116,968 $305,441 Commercial 165,609 402,027 150,137 75,083 147,748 Industrial 175,304 693,445 50,931 10,973 178,592 Governmental 6,104 28,022 14,837 27,406 8,280 Total billed retail 670,784 1,741,550 422,613 230,430 640,061 Sales for resale (a) 157,008 191,664 56,162 33,158 9,149 Other electric revenues (b) 35,478 61,549 (21,997) (900) 10,895 Revenues from contracts with customers 863,270 1,994,763 456,778 262,688 660,105 Other revenues (c) 1,232 8,246 2,354 216 (549) Total electric revenues 864,502 2,003,009 459,132 262,904 659,556 Natural gas — 17,789 — 28,759 — Total operating revenues $864,502 $2,020,798 $459,132 $291,663 $659,556 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 The Utility operating companies’ total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $750,762 $1,372,538 $503,351 $256,110 $709,264 Commercial 406,078 949,680 379,075 179,456 376,604 Industrial 420,788 1,681,628 133,826 26,462 468,371 Governmental 15,702 68,880 39,449 62,617 22,396 Total billed retail 1,593,330 4,072,726 1,055,701 524,645 1,576,635 Sales for resale (a) 384,175 422,596 121,328 96,523 44,927 Other electric revenues (b) 136,870 185,405 29,665 17,936 54,874 Revenues from contracts with customers 2,114,375 4,680,727 1,206,694 639,104 1,676,436 Other revenues (c) 6,022 57,461 6,926 2,530 20,193 Total electric revenues 2,120,397 4,738,188 1,213,620 641,634 1,696,629 Natural gas — 64,367 — 102,550 — Total operating revenues $2,120,397 $4,802,555 $1,213,620 $744,184 $1,696,629 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 (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, unbilled revenue, and certain customer credits as directed by regulators. (c) Other revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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 nine months ended September 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) 28.8 12.1 8.3 1.5 4.0 2.9 Write-offs (95.1) (27.3) (38.1) (9.8) (11.7) (8.2) Recoveries 28.4 8.4 10.5 3.2 3.8 2.5 Balance as of September 30, 2022 $30.7 $6.3 $9.9 $2.1 $9.4 $3.0 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) 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($6.4) million for Entergy, $6.4 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 $23.8 million for Entergy, $14.0 million for Entergy Arkansas, $10.4 million for Entergy Louisiana, ($0.1) million for Entergy Mississippi, and ($0.5) million for Entergy New Orleans that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. Although the rate of customer write-offs has historically experienced minimal variation, there were increases in customer write-offs beginning in second quarter 2021 primarily resulting from the effects of the COVID-19 pandemic. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.
Entergy New Orleans [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,570,940 $1,291,645 Commercial 940,604 756,903 Industrial 1,109,245 814,685 Governmental 84,649 66,167 Total billed retail 3,705,438 2,929,400 Sales for resale (a) 311,479 135,220 Other electric revenues (b) 83,679 81,343 Revenues from contracts with customers 4,100,596 3,145,963 Other revenues (c) 9,462 14,006 Total electric revenues 4,110,058 3,159,969 Natural gas 46,548 31,254 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 61,898 158,608 Other revenues (c) 111 3,701 Total competitive businesses revenues 62,009 162,309 Total operating revenues $4,218,615 $3,353,532 Entergy’s total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $3,592,025 $3,114,084 Commercial 2,290,893 1,958,284 Industrial 2,731,075 2,169,295 Governmental 209,044 184,576 Total billed retail 8,823,037 7,426,239 Sales for resale (a) 689,473 459,425 Other electric revenues (b) 420,710 348,683 Revenues from contracts with customers 9,933,220 8,234,347 Other revenues (c) 90,869 105,417 Total electric revenues 10,024,089 8,339,764 Natural gas 166,917 121,420 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 294,432 537,402 Other revenues (c) 6,299 21,854 Total competitive businesses revenues 300,731 559,256 Total operating revenues $10,491,737 $9,020,440 The Utility operating companies’ total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $323,767 $618,056 $206,708 $116,968 $305,441 Commercial 165,609 402,027 150,137 75,083 147,748 Industrial 175,304 693,445 50,931 10,973 178,592 Governmental 6,104 28,022 14,837 27,406 8,280 Total billed retail 670,784 1,741,550 422,613 230,430 640,061 Sales for resale (a) 157,008 191,664 56,162 33,158 9,149 Other electric revenues (b) 35,478 61,549 (21,997) (900) 10,895 Revenues from contracts with customers 863,270 1,994,763 456,778 262,688 660,105 Other revenues (c) 1,232 8,246 2,354 216 (549) Total electric revenues 864,502 2,003,009 459,132 262,904 659,556 Natural gas — 17,789 — 28,759 — Total operating revenues $864,502 $2,020,798 $459,132 $291,663 $659,556 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 The Utility operating companies’ total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $750,762 $1,372,538 $503,351 $256,110 $709,264 Commercial 406,078 949,680 379,075 179,456 376,604 Industrial 420,788 1,681,628 133,826 26,462 468,371 Governmental 15,702 68,880 39,449 62,617 22,396 Total billed retail 1,593,330 4,072,726 1,055,701 524,645 1,576,635 Sales for resale (a) 384,175 422,596 121,328 96,523 44,927 Other electric revenues (b) 136,870 185,405 29,665 17,936 54,874 Revenues from contracts with customers 2,114,375 4,680,727 1,206,694 639,104 1,676,436 Other revenues (c) 6,022 57,461 6,926 2,530 20,193 Total electric revenues 2,120,397 4,738,188 1,213,620 641,634 1,696,629 Natural gas — 64,367 — 102,550 — Total operating revenues $2,120,397 $4,802,555 $1,213,620 $744,184 $1,696,629 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 (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, unbilled revenue, and certain customer credits as directed by regulators. (c) Other revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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 nine months ended September 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) 28.8 12.1 8.3 1.5 4.0 2.9 Write-offs (95.1) (27.3) (38.1) (9.8) (11.7) (8.2) Recoveries 28.4 8.4 10.5 3.2 3.8 2.5 Balance as of September 30, 2022 $30.7 $6.3 $9.9 $2.1 $9.4 $3.0 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) 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($6.4) million for Entergy, $6.4 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 $23.8 million for Entergy, $14.0 million for Entergy Arkansas, $10.4 million for Entergy Louisiana, ($0.1) million for Entergy Mississippi, and ($0.5) million for Entergy New Orleans that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. Although the rate of customer write-offs has historically experienced minimal variation, there were increases in customer write-offs beginning in second quarter 2021 primarily resulting from the effects of the COVID-19 pandemic. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.
Entergy Texas [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,570,940 $1,291,645 Commercial 940,604 756,903 Industrial 1,109,245 814,685 Governmental 84,649 66,167 Total billed retail 3,705,438 2,929,400 Sales for resale (a) 311,479 135,220 Other electric revenues (b) 83,679 81,343 Revenues from contracts with customers 4,100,596 3,145,963 Other revenues (c) 9,462 14,006 Total electric revenues 4,110,058 3,159,969 Natural gas 46,548 31,254 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 61,898 158,608 Other revenues (c) 111 3,701 Total competitive businesses revenues 62,009 162,309 Total operating revenues $4,218,615 $3,353,532 Entergy’s total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $3,592,025 $3,114,084 Commercial 2,290,893 1,958,284 Industrial 2,731,075 2,169,295 Governmental 209,044 184,576 Total billed retail 8,823,037 7,426,239 Sales for resale (a) 689,473 459,425 Other electric revenues (b) 420,710 348,683 Revenues from contracts with customers 9,933,220 8,234,347 Other revenues (c) 90,869 105,417 Total electric revenues 10,024,089 8,339,764 Natural gas 166,917 121,420 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 294,432 537,402 Other revenues (c) 6,299 21,854 Total competitive businesses revenues 300,731 559,256 Total operating revenues $10,491,737 $9,020,440 The Utility operating companies’ total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $323,767 $618,056 $206,708 $116,968 $305,441 Commercial 165,609 402,027 150,137 75,083 147,748 Industrial 175,304 693,445 50,931 10,973 178,592 Governmental 6,104 28,022 14,837 27,406 8,280 Total billed retail 670,784 1,741,550 422,613 230,430 640,061 Sales for resale (a) 157,008 191,664 56,162 33,158 9,149 Other electric revenues (b) 35,478 61,549 (21,997) (900) 10,895 Revenues from contracts with customers 863,270 1,994,763 456,778 262,688 660,105 Other revenues (c) 1,232 8,246 2,354 216 (549) Total electric revenues 864,502 2,003,009 459,132 262,904 659,556 Natural gas — 17,789 — 28,759 — Total operating revenues $864,502 $2,020,798 $459,132 $291,663 $659,556 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 The Utility operating companies’ total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $750,762 $1,372,538 $503,351 $256,110 $709,264 Commercial 406,078 949,680 379,075 179,456 376,604 Industrial 420,788 1,681,628 133,826 26,462 468,371 Governmental 15,702 68,880 39,449 62,617 22,396 Total billed retail 1,593,330 4,072,726 1,055,701 524,645 1,576,635 Sales for resale (a) 384,175 422,596 121,328 96,523 44,927 Other electric revenues (b) 136,870 185,405 29,665 17,936 54,874 Revenues from contracts with customers 2,114,375 4,680,727 1,206,694 639,104 1,676,436 Other revenues (c) 6,022 57,461 6,926 2,530 20,193 Total electric revenues 2,120,397 4,738,188 1,213,620 641,634 1,696,629 Natural gas — 64,367 — 102,550 — Total operating revenues $2,120,397 $4,802,555 $1,213,620 $744,184 $1,696,629 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 (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, unbilled revenue, and certain customer credits as directed by regulators. (c) Other revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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 nine months ended September 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) 28.8 12.1 8.3 1.5 4.0 2.9 Write-offs (95.1) (27.3) (38.1) (9.8) (11.7) (8.2) Recoveries 28.4 8.4 10.5 3.2 3.8 2.5 Balance as of September 30, 2022 $30.7 $6.3 $9.9 $2.1 $9.4 $3.0 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) 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($6.4) million for Entergy, $6.4 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 $23.8 million for Entergy, $14.0 million for Entergy Arkansas, $10.4 million for Entergy Louisiana, ($0.1) million for Entergy Mississippi, and ($0.5) million for Entergy New Orleans that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. Although the rate of customer write-offs has historically experienced minimal variation, there were increases in customer write-offs beginning in second quarter 2021 primarily resulting from the effects of the COVID-19 pandemic. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.
System Energy [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,570,940 $1,291,645 Commercial 940,604 756,903 Industrial 1,109,245 814,685 Governmental 84,649 66,167 Total billed retail 3,705,438 2,929,400 Sales for resale (a) 311,479 135,220 Other electric revenues (b) 83,679 81,343 Revenues from contracts with customers 4,100,596 3,145,963 Other revenues (c) 9,462 14,006 Total electric revenues 4,110,058 3,159,969 Natural gas 46,548 31,254 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 61,898 158,608 Other revenues (c) 111 3,701 Total competitive businesses revenues 62,009 162,309 Total operating revenues $4,218,615 $3,353,532 Entergy’s total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $3,592,025 $3,114,084 Commercial 2,290,893 1,958,284 Industrial 2,731,075 2,169,295 Governmental 209,044 184,576 Total billed retail 8,823,037 7,426,239 Sales for resale (a) 689,473 459,425 Other electric revenues (b) 420,710 348,683 Revenues from contracts with customers 9,933,220 8,234,347 Other revenues (c) 90,869 105,417 Total electric revenues 10,024,089 8,339,764 Natural gas 166,917 121,420 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 294,432 537,402 Other revenues (c) 6,299 21,854 Total competitive businesses revenues 300,731 559,256 Total operating revenues $10,491,737 $9,020,440 The Utility operating companies’ total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $323,767 $618,056 $206,708 $116,968 $305,441 Commercial 165,609 402,027 150,137 75,083 147,748 Industrial 175,304 693,445 50,931 10,973 178,592 Governmental 6,104 28,022 14,837 27,406 8,280 Total billed retail 670,784 1,741,550 422,613 230,430 640,061 Sales for resale (a) 157,008 191,664 56,162 33,158 9,149 Other electric revenues (b) 35,478 61,549 (21,997) (900) 10,895 Revenues from contracts with customers 863,270 1,994,763 456,778 262,688 660,105 Other revenues (c) 1,232 8,246 2,354 216 (549) Total electric revenues 864,502 2,003,009 459,132 262,904 659,556 Natural gas — 17,789 — 28,759 — Total operating revenues $864,502 $2,020,798 $459,132 $291,663 $659,556 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 The Utility operating companies’ total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $750,762 $1,372,538 $503,351 $256,110 $709,264 Commercial 406,078 949,680 379,075 179,456 376,604 Industrial 420,788 1,681,628 133,826 26,462 468,371 Governmental 15,702 68,880 39,449 62,617 22,396 Total billed retail 1,593,330 4,072,726 1,055,701 524,645 1,576,635 Sales for resale (a) 384,175 422,596 121,328 96,523 44,927 Other electric revenues (b) 136,870 185,405 29,665 17,936 54,874 Revenues from contracts with customers 2,114,375 4,680,727 1,206,694 639,104 1,676,436 Other revenues (c) 6,022 57,461 6,926 2,530 20,193 Total electric revenues 2,120,397 4,738,188 1,213,620 641,634 1,696,629 Natural gas — 64,367 — 102,550 — Total operating revenues $2,120,397 $4,802,555 $1,213,620 $744,184 $1,696,629 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 (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, unbilled revenue, and certain customer credits as directed by regulators. (c) Other revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. 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 nine months ended September 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) 28.8 12.1 8.3 1.5 4.0 2.9 Write-offs (95.1) (27.3) (38.1) (9.8) (11.7) (8.2) Recoveries 28.4 8.4 10.5 3.2 3.8 2.5 Balance as of September 30, 2022 $30.7 $6.3 $9.9 $2.1 $9.4 $3.0 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) 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($6.4) million for Entergy, $6.4 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 $23.8 million for Entergy, $14.0 million for Entergy Arkansas, $10.4 million for Entergy Louisiana, ($0.1) million for Entergy Mississippi, and ($0.5) million for Entergy New Orleans that have been deferred as regulatory assets. See Note 2 to the financial statements herein and in the Form 10-K for discussion of the COVID-19 orders issued by retail regulators. The allowance for currently expected credit losses is calculated as the historical rate of customer write-offs multiplied by the current accounts receivable balance, taking into account the length of time the receivable balances have been outstanding. Although the rate of customer write-offs has historically experienced minimal variation, there were increases in customer write-offs beginning in second quarter 2021 primarily resulting from the effects of the COVID-19 pandemic. Management monitors the current condition of individual customer accounts to manage collections and ensure bad debt expense is recorded in a timely manner.

Business Combinations and Asset

Business Combinations and Asset Acquisitions	9 Months Ended
	Sep. 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. Substantial completion of the Sunflower Solar facility was accepted by Entergy Mississippi in September 2022. A final payment is currently expected in fourth quarter 2022. Commercial operation at the Sunflower Solar facility commenced in September 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. Substantial completion of the Sunflower Solar facility was accepted by Entergy Mississippi in September 2022. A final payment is currently expected in fourth quarter 2022. Commercial operation at the Sunflower Solar facility commenced in September 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.

Asset Retirement Obligations

Asset Retirement Obligations	9 Months Ended
	Sep. 30, 2022
Asset Retirement Obligations	ASSET RETIREMENT OBLIGATIONS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 9 to the financial statements in the Form 10-K for a discussion of asset retirement obligations. The following are updates to that discussion. Nuclear Plant Decommissioning In the third quarter 2022, System Energy recorded a revision to its estimated decommissioning cost liability for Grand Gulf as a result of a revised decommissioning cost study. The revised estimate resulted in a $5.4 million reduction in its decommissioning cost liability, along with a corresponding reduction in the related asset retirement obligation cost asset that will be depreciated over the remaining life of the unit. Coal Combustion Residuals
Entergy Arkansas [Member]
Asset Retirement Obligations	ASSET RETIREMENT OBLIGATIONS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 9 to the financial statements in the Form 10-K for a discussion of asset retirement obligations. The following are updates to that discussion. Nuclear Plant Decommissioning In the third quarter 2022, System Energy recorded a revision to its estimated decommissioning cost liability for Grand Gulf as a result of a revised decommissioning cost study. The revised estimate resulted in a $5.4 million reduction in its decommissioning cost liability, along with a corresponding reduction in the related asset retirement obligation cost asset that will be depreciated over the remaining life of the unit. Coal Combustion Residuals
Entergy Louisiana [Member]
Asset Retirement Obligations	ASSET RETIREMENT OBLIGATIONS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 9 to the financial statements in the Form 10-K for a discussion of asset retirement obligations. The following are updates to that discussion. Nuclear Plant Decommissioning In the third quarter 2022, System Energy recorded a revision to its estimated decommissioning cost liability for Grand Gulf as a result of a revised decommissioning cost study. The revised estimate resulted in a $5.4 million reduction in its decommissioning cost liability, along with a corresponding reduction in the related asset retirement obligation cost asset that will be depreciated over the remaining life of the unit. Coal Combustion Residuals
Entergy Mississippi [Member]
Asset Retirement Obligations	ASSET RETIREMENT OBLIGATIONS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 9 to the financial statements in the Form 10-K for a discussion of asset retirement obligations. The following are updates to that discussion. Nuclear Plant Decommissioning In the third quarter 2022, System Energy recorded a revision to its estimated decommissioning cost liability for Grand Gulf as a result of a revised decommissioning cost study. The revised estimate resulted in a $5.4 million reduction in its decommissioning cost liability, along with a corresponding reduction in the related asset retirement obligation cost asset that will be depreciated over the remaining life of the unit. Coal Combustion Residuals
Entergy New Orleans [Member]
Asset Retirement Obligations	ASSET RETIREMENT OBLIGATIONS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 9 to the financial statements in the Form 10-K for a discussion of asset retirement obligations. The following are updates to that discussion. Nuclear Plant Decommissioning In the third quarter 2022, System Energy recorded a revision to its estimated decommissioning cost liability for Grand Gulf as a result of a revised decommissioning cost study. The revised estimate resulted in a $5.4 million reduction in its decommissioning cost liability, along with a corresponding reduction in the related asset retirement obligation cost asset that will be depreciated over the remaining life of the unit. Coal Combustion Residuals
Entergy Texas [Member]
Asset Retirement Obligations	ASSET RETIREMENT OBLIGATIONS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 9 to the financial statements in the Form 10-K for a discussion of asset retirement obligations. The following are updates to that discussion. Nuclear Plant Decommissioning In the third quarter 2022, System Energy recorded a revision to its estimated decommissioning cost liability for Grand Gulf as a result of a revised decommissioning cost study. The revised estimate resulted in a $5.4 million reduction in its decommissioning cost liability, along with a corresponding reduction in the related asset retirement obligation cost asset that will be depreciated over the remaining life of the unit. Coal Combustion Residuals
System Energy [Member]
Asset Retirement Obligations	ASSET RETIREMENT OBLIGATIONS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 9 to the financial statements in the Form 10-K for a discussion of asset retirement obligations. The following are updates to that discussion. Nuclear Plant Decommissioning In the third quarter 2022, System Energy recorded a revision to its estimated decommissioning cost liability for Grand Gulf as a result of a revised decommissioning cost study. The revised estimate resulted in a $5.4 million reduction in its decommissioning cost liability, along with a corresponding reduction in the related asset retirement obligation cost asset that will be depreciated over the remaining life of the unit. Coal Combustion Residuals

Equity (Tables)

Equity (Tables)	9 Months Ended
	Sep. 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 income statements: For the Three Months Ended September 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 $560.6 203.4 $2.76 $531.0 201.0 $2.64 Average dilutive effect of: Stock options 0.5 (0.01) 0.4 — Other equity plans 0.6 (0.01) 0.6 (0.01) Equity Forwards 0.1 — — — Diluted earnings per share $560.6 204.6 $2.74 $531.0 202.0 $2.63 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 three months ended September 30, 2022 and approximately 1 million for the three months ended September 30, 2021. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Nine Months Ended September 30, 2022 2021 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $996.7 203.3 $4.90 $859.6 200.8 $4.28 Average dilutive effect of: Stock options 0.5 (0.01) 0.4 (0.01) Other equity plans 0.5 (0.01) 0.4 (0.01) Equity forwards 0.1 — — — Diluted earnings per share $996.7 204.4 $4.88 $859.6 201.6 $4.26 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 nine months ended September 30, 2022 and approximately 1 million for the nine months ended September 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 September 30, 2022 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2022 ($987) ($324,274) $1,223 ($324,038) Other comprehensive income (loss) before reclassifications (14) — (1,223) (1,237) Amounts reclassified from accumulated other comprehensive income (loss) 38 11,867 — 11,905 Net other comprehensive income (loss) for the period 24 11,867 (1,223) 10,668 Ending balance, September 30, 2022 ($963) ($312,407) $— ($313,370) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2021 ($1,083) ($489,511) $11,855 ($478,739) Other comprehensive income (loss) before reclassifications (14) — (2,173) (2,187) Amounts reclassified from accumulated other comprehensive income (loss) 38 8,838 11 8,887 Net other comprehensive income (loss) for the period 24 8,838 (2,162) 6,700 Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 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 (42) — (12,997) (13,039) Amounts reclassified from accumulated other comprehensive income (loss) 114 26,240 5,843 32,197 Net other comprehensive income (loss) for the period 72 26,240 (7,154) 19,158 Ending balance, September 30, 2022 ($963) ($312,407) $— ($313,370) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2021 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2021 $28,719 ($534,576) $56,650 ($449,207) Other comprehensive income (loss) before reclassifications 1,454 — (46,826) (45,372) Amounts reclassified from accumulated other comprehensive income (loss) (31,232) 53,903 (131) 22,540 Net other comprehensive income (loss) for the period (29,778) 53,903 (46,957) (22,832) Ending balance, September 30, 2021 ($1,059) ($480,673) $9,693 ($472,039)
Reclassification out of Accumulated Other Comprehensive Income	Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended September 30, 2022 and 2021 were as follows: Amounts reclassified Income Statement Location 2022 2021 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $— $— Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges (48) (48) Income taxes 10 10 Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($38) ($38) Pension and other postretirement liabilities Amortization of prior-service credit $3,837 $5,248 (a) Amortization of loss (4,870) (13,490) (a) Settlement loss (14,339) (3,192) (a) Total amortization (15,372) (11,434) Income taxes 3,505 2,596 Income taxes Total amortization (net of tax) ($11,867) ($8,838) Net unrealized investment gain (loss) Realized gain (loss) $— ($17) Interest and investment income Income taxes — 6 Income taxes Total realized investment gain (loss) (net of tax) $— ($11) Total reclassifications for the period (net of tax) ($11,905) ($8,887) (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the nine months ended September 30, 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 (145) (145) Miscellaneous - net Total realized gain (loss) on cash flow hedges (145) 39,534 Income taxes 31 (8,302) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) ($114) $31,232 Pension and other postretirement liabilities Amortization of prior-service credit $11,511 $15,744 (a) Amortization of loss (29,774) (75,553) (a) Settlement loss (15,666) (9,235) (a) Total amortization (33,929) (69,044) Income taxes 7,689 15,141 Income taxes Total amortization (net of tax) ($26,240) ($53,903) Net unrealized investment gain (loss) Realized gain (loss) ($9,245) $207 Interest and investment income Income taxes 3,402 (76) Income taxes Total realized investment gain (loss) (net of tax) ($5,843) $131 Total reclassifications for the period (net of tax) ($32,197) ($22,540) (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 September 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Louisiana Noncontrolling Interest Restoration Law Trust I (a) $32,448 $— Total Noncontrolling Interest $32,448 $— (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 September 30, 2022 and 2021: Pension and Other 2022 2021 (In Thousands) Beginning balance, July 1, $7,174 $4,508 Amounts reclassified from accumulated other comprehensive income (loss) 295 (131) Net other comprehensive income (loss) for the period 295 (131) Ending balance, September 30, $7,469 $4,377 The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the nine months ended September 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) (809) 50 Net other comprehensive income (loss) for the period (809) 50 Ending balance, September 30, $7,469 $4,377
Reclassification out of Accumulated Other Comprehensive Income	Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended September 30, 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 (222) (519) (a) Settlement loss (1,340) (534) (a) Total amortization (404) 177 Income taxes 109 (46) Income taxes Total amortization (net of tax) (295) 131 Total reclassifications for the period (net of tax) ($295) $131 (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the nine months ended September 30, 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 $3,474 $3,690 (a) Amortization of loss (849) (1,824) (a) Settlement loss (1,518) (1,934) (a) Total amortization 1,107 (68) Income taxes (298) 18 Income taxes Total amortization (net of tax) 809 (50) Total reclassifications for the period (net of tax) $809 ($50) (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 September 30, 2022 and December 31, 2021 is presented below: 2022 2021 (In Thousands) Entergy Mississippi Noncontrolling Interest MS Sunflower Partnership, LLC (a) $478 $— Total Noncontrolling Interest $478 $— (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. Substantial completion of the Sunflower Solar facility was accepted by Entergy Mississippi in September 2022. A final payment of the purchase price is currently expected in fourth 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 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)	9 Months Ended
	Sep. 30, 2022
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	As of September 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 September 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $5.6 million Entergy Louisiana $125 million 0.78% $21.0 million Entergy Mississippi $65 million 0.78% $9.7 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $9.7 million (a) As of September 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2022, in addition to the $9.7 million MISO letters of credit, Entergy Mississippi had $1.0 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 September 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 $19 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 September 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 2.21% $— Entergy Louisiana River Bend VIE June 2025 $105 1.75% $15.1 Entergy Louisiana Waterford VIE June 2025 $105 2.12% $72.2 System Energy VIE June 2025 $120 2.15% $83.9 (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 September 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 September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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 September 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 4.37% $— $— Entergy Arkansas June 2027 $150 million (c) 4.26% $— $— Entergy Louisiana June 2027 $350 million (c) 4.38% $— $— Entergy Mississippi April 2023 $45 million (d) 4.63% $— $— Entergy Mississippi April 2023 $40 million (d) 4.63% $— $— Entergy Mississippi April 2023 $10 million (d) 4.63% $— $— Entergy Mississippi July 2024 $150 million 3.97% $100 million $— Entergy New Orleans June 2024 $25 million (c) 4.74% $— $— Entergy Texas June 2027 $150 million (c) 4.38% $— $1.1 million (a) The interest rate is the estimated interest rate as of September 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 September 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $5.6 million Entergy Louisiana $125 million 0.78% $21.0 million Entergy Mississippi $65 million 0.78% $9.7 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $9.7 million (a) As of September 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2022, in addition to the $9.7 million MISO letters of credit, Entergy Mississippi had $1.0 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 September 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 $19 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 September 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 2.21% $— Entergy Louisiana River Bend VIE June 2025 $105 1.75% $15.1 Entergy Louisiana Waterford VIE June 2025 $105 2.12% $72.2 System Energy VIE June 2025 $120 2.15% $83.9 (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 September 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 September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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 September 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 4.37% $— $— Entergy Arkansas June 2027 $150 million (c) 4.26% $— $— Entergy Louisiana June 2027 $350 million (c) 4.38% $— $— Entergy Mississippi April 2023 $45 million (d) 4.63% $— $— Entergy Mississippi April 2023 $40 million (d) 4.63% $— $— Entergy Mississippi April 2023 $10 million (d) 4.63% $— $— Entergy Mississippi July 2024 $150 million 3.97% $100 million $— Entergy New Orleans June 2024 $25 million (c) 4.74% $— $— Entergy Texas June 2027 $150 million (c) 4.38% $— $1.1 million (a) The interest rate is the estimated interest rate as of September 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 September 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $5.6 million Entergy Louisiana $125 million 0.78% $21.0 million Entergy Mississippi $65 million 0.78% $9.7 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $9.7 million (a) As of September 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2022, in addition to the $9.7 million MISO letters of credit, Entergy Mississippi had $1.0 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 September 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 $19 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 September 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 2.21% $— Entergy Louisiana River Bend VIE June 2025 $105 1.75% $15.1 Entergy Louisiana Waterford VIE June 2025 $105 2.12% $72.2 System Energy VIE June 2025 $120 2.15% $83.9 (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 September 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 September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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 September 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 4.37% $— $— Entergy Arkansas June 2027 $150 million (c) 4.26% $— $— Entergy Louisiana June 2027 $350 million (c) 4.38% $— $— Entergy Mississippi April 2023 $45 million (d) 4.63% $— $— Entergy Mississippi April 2023 $40 million (d) 4.63% $— $— Entergy Mississippi April 2023 $10 million (d) 4.63% $— $— Entergy Mississippi July 2024 $150 million 3.97% $100 million $— Entergy New Orleans June 2024 $25 million (c) 4.74% $— $— Entergy Texas June 2027 $150 million (c) 4.38% $— $1.1 million (a) The interest rate is the estimated interest rate as of September 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 September 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $5.6 million Entergy Louisiana $125 million 0.78% $21.0 million Entergy Mississippi $65 million 0.78% $9.7 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $9.7 million (a) As of September 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2022, in addition to the $9.7 million MISO letters of credit, Entergy Mississippi had $1.0 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 September 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 $19 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 September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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 September 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 4.37% $— $— Entergy Arkansas June 2027 $150 million (c) 4.26% $— $— Entergy Louisiana June 2027 $350 million (c) 4.38% $— $— Entergy Mississippi April 2023 $45 million (d) 4.63% $— $— Entergy Mississippi April 2023 $40 million (d) 4.63% $— $— Entergy Mississippi April 2023 $10 million (d) 4.63% $— $— Entergy Mississippi July 2024 $150 million 3.97% $100 million $— Entergy New Orleans June 2024 $25 million (c) 4.74% $— $— Entergy Texas June 2027 $150 million (c) 4.38% $— $1.1 million (a) The interest rate is the estimated interest rate as of September 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 September 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $5.6 million Entergy Louisiana $125 million 0.78% $21.0 million Entergy Mississippi $65 million 0.78% $9.7 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $9.7 million (a) As of September 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2022, in addition to the $9.7 million MISO letters of credit, Entergy Mississippi had $1.0 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 September 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 $19 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 September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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 September 30, 2022 as follows: Company Expiration Amount of Interest Rate Amount Drawn Letters of Credit Entergy Arkansas April 2023 $25 million (b) 4.37% $— $— Entergy Arkansas June 2027 $150 million (c) 4.26% $— $— Entergy Louisiana June 2027 $350 million (c) 4.38% $— $— Entergy Mississippi April 2023 $45 million (d) 4.63% $— $— Entergy Mississippi April 2023 $40 million (d) 4.63% $— $— Entergy Mississippi April 2023 $10 million (d) 4.63% $— $— Entergy Mississippi July 2024 $150 million 3.97% $100 million $— Entergy New Orleans June 2024 $25 million (c) 4.74% $— $— Entergy Texas June 2027 $150 million (c) 4.38% $— $1.1 million (a) The interest rate is the estimated interest rate as of September 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 September 30, 2022: Company Amount of Letter of Credit Fee Letters of Credit Entergy Arkansas $25 million 0.78% $5.6 million Entergy Louisiana $125 million 0.78% $21.0 million Entergy Mississippi $65 million 0.78% $9.7 million Entergy New Orleans $15 million 1.625% $1.0 million Entergy Texas $80 million 0.875% $9.7 million (a) As of September 30, 2022, letters of credit posted with MISO covered financial transmission right exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 million for Entergy Texas. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2022, in addition to the $9.7 million MISO letters of credit, Entergy Mississippi had $1.0 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 September 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 $19 Entergy New Orleans $150 $— Entergy Texas $200 $— System Energy $200 $—
Schedule of Fair Value Assumption, Date of Securitization or Asset-backed Financing Arrangement, Transferor's Continuing Involvement, Servicing Assets or Liabilities [Table Text Block]	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
Book Value And The Fair Value Of Long-Term Debt	The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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 September 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 $19 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 September 30, 2022: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE June 2025 $80 2.21% $— Entergy Louisiana River Bend VIE June 2025 $105 1.75% $15.1 Entergy Louisiana Waterford VIE June 2025 $105 2.12% $72.2 System Energy VIE June 2025 $120 2.15% $83.9 (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 September 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 September 30, 2022 were as follows: Book Value Fair Value (In Thousands) Entergy $26,219,979 $22,567,380 Entergy Arkansas $4,164,866 $3,570,817 Entergy Louisiana $10,860,595 $9,509,010 Entergy Mississippi $2,430,783 $1,998,266 Entergy New Orleans $783,034 $709,965 Entergy Texas $2,907,947 $2,445,550 System Energy $788,961 $710,771 (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]	9 Months Ended
	Sep. 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 September 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s consolidated net income $0.9 $1.2 Tax benefit recognized in Entergy’s consolidated net income $0.2 $0.3 Compensation cost capitalized as part of fixed assets and materials and supplies $0.4 $0.4 The following table includes financial information for outstanding stock options for the nine months ended September 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s consolidated net income $3.2 $3.2 Tax benefit recognized in Entergy’s consolidated net income $0.8 $0.8 Compensation cost capitalized as part of fixed assets and materials and supplies $1.2 $1.2
Financial Information For Restricted Stock	The following table includes financial information for other outstanding equity awards for the three months ended September 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s consolidated net income $9.1 $10.6 Tax benefit recognized in Entergy’s consolidated net income $2.3 $2.7 Compensation cost capitalized as part of fixed assets and materials and supplies $3.9 $4.1 The following table includes financial information for other outstanding equity awards for the nine months ended September 30, 2022 and 2021: 2022 2021 (In Millions) Compensation expense included in Entergy’s consolidated net income $31.1 $31.1 Tax benefit recognized in Entergy’s consolidated net income $7.9 $7.9 Compensation cost capitalized as part of fixed assets and materials and supplies $12.6 $12.1

Retirement And Other Postreti_2

Retirement And Other Postretirement Benefits (Tables)	9 Months Ended
	Sep. 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 third 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 (3,976) (596) (298) (4,870) Settlement loss (14,263) — (76) (14,339) ($18,239) $3,418 ($551) ($15,372) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (407) 186 (1) (222) Settlement loss (1,340) — — (1,340) ($1,747) $1,344 ($1) ($404) 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) (534) ($1,137) $1,321 ($7) $177 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $12,042 ($531) $11,511 Amortization of net loss (26,921) (1,788) (1,065) (29,774) Settlement loss (14,441) — (1,225) (15,666) ($41,362) $10,254 ($2,821) ($33,929) Entergy Louisiana Amortization of prior service credit $— $3,474 $— $3,474 Amortization of net gain (loss) (1,404) 558 (3) (849) Settlement loss (1,518) — — (1,518) ($2,922) $4,032 ($3) $1,107 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68)
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 third quarters of 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $33,845 $38,531 Interest cost on projected benefit obligation 60,734 49,222 Expected return on assets (100,203) (106,684) Amortization of net loss 42,367 69,386 Settlement charges 125,548 44,718 Net pension costs $162,291 $95,173 Entergy’s qualified pension costs, including amounts capitalized, for the nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $108,482 $126,722 Interest cost on projected benefit obligation 164,529 142,702 Expected return on assets (306,895) (318,437) Amortization of net loss 159,359 266,576 Settlement charges 148,201 156,266 Net pension costs $273,676 $373,829
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	Entergy’s other postretirement benefit income, including amounts capitalized, for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 2021 (In Thousands) Service cost - benefits earned during the period $18,552 $19,935 Interest cost on accumulated postretirement benefit obligation (APBO) 20,481 15,960 Expected return on assets (32,565) (32,415) Amortization of prior service credit (19,164) (24,801) Amortization of net loss 3,249 2,139 Net other postretirement benefit income ($9,447) ($19,182)
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 third 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 $6,138 $8,261 $1,953 $690 $1,441 $1,891 Interest cost on projected benefit obligation 11,866 12,523 3,383 1,368 2,795 2,882 Expected return on assets (18,731) (20,586) (5,006) (2,487) (4,551) (4,509) Amortization of net loss 10,283 10,156 2,941 1,208 2,130 2,641 Settlement charges 11,477 33,507 6,853 4,402 13,082 4,593 Net pension cost $21,033 $43,861 $10,124 $5,181 $14,897 $7,498 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,695 $26,405 $6,158 $2,194 $4,652 $5,937 Interest cost on projected benefit obligation 30,944 33,706 8,857 3,646 7,242 7,614 Expected return on assets (57,009) (62,779) (15,373) (7,517) (14,393) (13,718) Amortization of net loss 36,557 35,055 10,371 3,944 7,124 9,078 Settlement charges 22,973 37,968 9,061 4,402 15,547 6,616 Net pension cost $53,160 $70,355 $19,074 $6,669 $20,172 $15,527 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146
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 $78,605 $41,641 $27,716 $922 $1,924 $26,376 Pension contributions made through September 2022 $44,300 $24,319 $15,685 $922 $1,632 $12,754 Remaining estimated pension contributions to be made in 2022 $34,305 $17,322 $12,031 $— $292 $13,622
Entergy Arkansas [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,342 $4,224 $1,017 $297 $993 $930 Interest cost on APBO 3,789 4,329 1,050 522 1,197 837 Expected return on assets (13,449) — (4,182) (4,497) (7,704) (2,373) Amortization of prior service cost/(credit) 1,413 (3,474) (1,329) (687) (3,279) (240) Amortization of net (gain) loss 654 (558) 168 (675) 486 90 Net other postretirement benefit cost (income) ($4,251) $4,521 ($3,276) ($5,040) ($8,307) ($756) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984)
Entergy Arkansas [Member] | Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $69 $24 $80 $28 $961 2021 $86 $192 $91 $7 $115 Reflected in Entergy Texas’ non-qualified pension costs in the third quarter of 2022 were settlement charges of $886 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $212 $77 $241 $84 $1,264 2021 $266 $280 $283 $23 $345
Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Reclassification out of Accumulated Other Comprehensive Income, amortization	Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the third quarters of 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 (3,976) (596) (298) (4,870) Settlement loss (14,263) — (76) (14,339) ($18,239) $3,418 ($551) ($15,372) Entergy Louisiana Amortization of prior service credit $— $1,158 $— $1,158 Amortization of net gain (loss) (407) 186 (1) (222) Settlement loss (1,340) — — (1,340) ($1,747) $1,344 ($1) ($404) 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,288 ($40) $5,248 Amortization of net loss (12,439) (496) (555) (13,490) Settlement loss (2,731) — (461) (3,192) ($15,170) $4,792 ($1,056) ($11,434) Entergy Louisiana Amortization of prior service credit $— $1,230 $— $1,230 Amortization of net gain (loss) (609) 91 (1) (519) Settlement loss (528) — (6) (534) ($1,137) $1,321 ($7) $177 Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the nine months ended September 30, 2022 and 2021: 2022 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $12,042 ($531) $11,511 Amortization of net loss (26,921) (1,788) (1,065) (29,774) Settlement loss (14,441) — (1,225) (15,666) ($41,362) $10,254 ($2,821) ($33,929) Entergy Louisiana Amortization of prior service credit $— $3,474 $— $3,474 Amortization of net gain (loss) (1,404) 558 (3) (849) Settlement loss (1,518) — — (1,518) ($2,922) $4,032 ($3) $1,107 2021 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,864 ($120) $15,744 Amortization of net loss (72,322) (1,486) (1,745) (75,553) Settlement loss (8,774) — (461) (9,235) ($81,096) $14,378 ($2,326) ($69,044) Entergy Louisiana Amortization of prior service credit $— $3,690 $— $3,690 Amortization of net gain (loss) (2,093) 273 (4) (1,824) Settlement loss (1,928) — (6) (1,934) ($4,021) $3,963 ($10) ($68)
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 third 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 $6,138 $8,261 $1,953 $690 $1,441 $1,891 Interest cost on projected benefit obligation 11,866 12,523 3,383 1,368 2,795 2,882 Expected return on assets (18,731) (20,586) (5,006) (2,487) (4,551) (4,509) Amortization of net loss 10,283 10,156 2,941 1,208 2,130 2,641 Settlement charges 11,477 33,507 6,853 4,402 13,082 4,593 Net pension cost $21,033 $43,861 $10,124 $5,181 $14,897 $7,498 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,695 $26,405 $6,158 $2,194 $4,652 $5,937 Interest cost on projected benefit obligation 30,944 33,706 8,857 3,646 7,242 7,614 Expected return on assets (57,009) (62,779) (15,373) (7,517) (14,393) (13,718) Amortization of net loss 36,557 35,055 10,371 3,944 7,124 9,078 Settlement charges 22,973 37,968 9,061 4,402 15,547 6,616 Net pension cost $53,160 $70,355 $19,074 $6,669 $20,172 $15,527 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146
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 $78,605 $41,641 $27,716 $922 $1,924 $26,376 Pension contributions made through September 2022 $44,300 $24,319 $15,685 $922 $1,632 $12,754 Remaining estimated pension contributions to be made in 2022 $34,305 $17,322 $12,031 $— $292 $13,622
Entergy Louisiana [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,342 $4,224 $1,017 $297 $993 $930 Interest cost on APBO 3,789 4,329 1,050 522 1,197 837 Expected return on assets (13,449) — (4,182) (4,497) (7,704) (2,373) Amortization of prior service cost/(credit) 1,413 (3,474) (1,329) (687) (3,279) (240) Amortization of net (gain) loss 654 (558) 168 (675) 486 90 Net other postretirement benefit cost (income) ($4,251) $4,521 ($3,276) ($5,040) ($8,307) ($756) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984)
Entergy Louisiana [Member] | Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $69 $24 $80 $28 $961 2021 $86 $192 $91 $7 $115 Reflected in Entergy Texas’ non-qualified pension costs in the third quarter of 2022 were settlement charges of $886 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $212 $77 $241 $84 $1,264 2021 $266 $280 $283 $23 $345
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 third 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 $6,138 $8,261 $1,953 $690 $1,441 $1,891 Interest cost on projected benefit obligation 11,866 12,523 3,383 1,368 2,795 2,882 Expected return on assets (18,731) (20,586) (5,006) (2,487) (4,551) (4,509) Amortization of net loss 10,283 10,156 2,941 1,208 2,130 2,641 Settlement charges 11,477 33,507 6,853 4,402 13,082 4,593 Net pension cost $21,033 $43,861 $10,124 $5,181 $14,897 $7,498 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,695 $26,405 $6,158 $2,194 $4,652 $5,937 Interest cost on projected benefit obligation 30,944 33,706 8,857 3,646 7,242 7,614 Expected return on assets (57,009) (62,779) (15,373) (7,517) (14,393) (13,718) Amortization of net loss 36,557 35,055 10,371 3,944 7,124 9,078 Settlement charges 22,973 37,968 9,061 4,402 15,547 6,616 Net pension cost $53,160 $70,355 $19,074 $6,669 $20,172 $15,527 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146
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 $78,605 $41,641 $27,716 $922 $1,924 $26,376 Pension contributions made through September 2022 $44,300 $24,319 $15,685 $922 $1,632 $12,754 Remaining estimated pension contributions to be made in 2022 $34,305 $17,322 $12,031 $— $292 $13,622
Entergy Mississippi [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,342 $4,224 $1,017 $297 $993 $930 Interest cost on APBO 3,789 4,329 1,050 522 1,197 837 Expected return on assets (13,449) — (4,182) (4,497) (7,704) (2,373) Amortization of prior service cost/(credit) 1,413 (3,474) (1,329) (687) (3,279) (240) Amortization of net (gain) loss 654 (558) 168 (675) 486 90 Net other postretirement benefit cost (income) ($4,251) $4,521 ($3,276) ($5,040) ($8,307) ($756) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984)
Entergy Mississippi [Member] | Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $69 $24 $80 $28 $961 2021 $86 $192 $91 $7 $115 Reflected in Entergy Texas’ non-qualified pension costs in the third quarter of 2022 were settlement charges of $886 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $212 $77 $241 $84 $1,264 2021 $266 $280 $283 $23 $345
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 third 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 $6,138 $8,261 $1,953 $690 $1,441 $1,891 Interest cost on projected benefit obligation 11,866 12,523 3,383 1,368 2,795 2,882 Expected return on assets (18,731) (20,586) (5,006) (2,487) (4,551) (4,509) Amortization of net loss 10,283 10,156 2,941 1,208 2,130 2,641 Settlement charges 11,477 33,507 6,853 4,402 13,082 4,593 Net pension cost $21,033 $43,861 $10,124 $5,181 $14,897 $7,498 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,695 $26,405 $6,158 $2,194 $4,652 $5,937 Interest cost on projected benefit obligation 30,944 33,706 8,857 3,646 7,242 7,614 Expected return on assets (57,009) (62,779) (15,373) (7,517) (14,393) (13,718) Amortization of net loss 36,557 35,055 10,371 3,944 7,124 9,078 Settlement charges 22,973 37,968 9,061 4,402 15,547 6,616 Net pension cost $53,160 $70,355 $19,074 $6,669 $20,172 $15,527 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146
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 $78,605 $41,641 $27,716 $922 $1,924 $26,376 Pension contributions made through September 2022 $44,300 $24,319 $15,685 $922 $1,632 $12,754 Remaining estimated pension contributions to be made in 2022 $34,305 $17,322 $12,031 $— $292 $13,622
Entergy New Orleans [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,342 $4,224 $1,017 $297 $993 $930 Interest cost on APBO 3,789 4,329 1,050 522 1,197 837 Expected return on assets (13,449) — (4,182) (4,497) (7,704) (2,373) Amortization of prior service cost/(credit) 1,413 (3,474) (1,329) (687) (3,279) (240) Amortization of net (gain) loss 654 (558) 168 (675) 486 90 Net other postretirement benefit cost (income) ($4,251) $4,521 ($3,276) ($5,040) ($8,307) ($756) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984)
Entergy New Orleans [Member] | Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $69 $24 $80 $28 $961 2021 $86 $192 $91 $7 $115 Reflected in Entergy Texas’ non-qualified pension costs in the third quarter of 2022 were settlement charges of $886 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $212 $77 $241 $84 $1,264 2021 $266 $280 $283 $23 $345
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 third 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 $6,138 $8,261 $1,953 $690 $1,441 $1,891 Interest cost on projected benefit obligation 11,866 12,523 3,383 1,368 2,795 2,882 Expected return on assets (18,731) (20,586) (5,006) (2,487) (4,551) (4,509) Amortization of net loss 10,283 10,156 2,941 1,208 2,130 2,641 Settlement charges 11,477 33,507 6,853 4,402 13,082 4,593 Net pension cost $21,033 $43,861 $10,124 $5,181 $14,897 $7,498 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,695 $26,405 $6,158 $2,194 $4,652 $5,937 Interest cost on projected benefit obligation 30,944 33,706 8,857 3,646 7,242 7,614 Expected return on assets (57,009) (62,779) (15,373) (7,517) (14,393) (13,718) Amortization of net loss 36,557 35,055 10,371 3,944 7,124 9,078 Settlement charges 22,973 37,968 9,061 4,402 15,547 6,616 Net pension cost $53,160 $70,355 $19,074 $6,669 $20,172 $15,527 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146
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 $78,605 $41,641 $27,716 $922 $1,924 $26,376 Pension contributions made through September 2022 $44,300 $24,319 $15,685 $922 $1,632 $12,754 Remaining estimated pension contributions to be made in 2022 $34,305 $17,322 $12,031 $— $292 $13,622
Entergy Texas [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,342 $4,224 $1,017 $297 $993 $930 Interest cost on APBO 3,789 4,329 1,050 522 1,197 837 Expected return on assets (13,449) — (4,182) (4,497) (7,704) (2,373) Amortization of prior service cost/(credit) 1,413 (3,474) (1,329) (687) (3,279) (240) Amortization of net (gain) loss 654 (558) 168 (675) 486 90 Net other postretirement benefit cost (income) ($4,251) $4,521 ($3,276) ($5,040) ($8,307) ($756) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984)
Entergy Texas [Member] | Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $69 $24 $80 $28 $961 2021 $86 $192 $91 $7 $115 Reflected in Entergy Texas’ non-qualified pension costs in the third quarter of 2022 were settlement charges of $886 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Louisiana’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $155 thousand related to the payment of lump sum benefits out of the plan. Reflected in Entergy Texas’s non-qualified pension costs in the third quarter of 2021 were settlement charges of $3 thousand related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2022 and 2021: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2022 $212 $77 $241 $84 $1,264 2021 $266 $280 $283 $23 $345
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 third 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 $6,138 $8,261 $1,953 $690 $1,441 $1,891 Interest cost on projected benefit obligation 11,866 12,523 3,383 1,368 2,795 2,882 Expected return on assets (18,731) (20,586) (5,006) (2,487) (4,551) (4,509) Amortization of net loss 10,283 10,156 2,941 1,208 2,130 2,641 Settlement charges 11,477 33,507 6,853 4,402 13,082 4,593 Net pension cost $21,033 $43,861 $10,124 $5,181 $14,897 $7,498 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,966 $9,230 $2,197 $735 $1,680 $2,141 Interest cost on projected benefit obligation 9,396 10,270 2,735 1,156 2,213 2,379 Expected return on assets (19,585) (22,466) (5,629) (2,678) (5,341) (4,853) Amortization of net loss 16,100 15,201 4,580 1,656 2,815 4,135 Settlement charges 7,238 13,209 3,685 1,107 1,634 4,086 Net pension cost $20,115 $25,444 $7,568 $1,976 $3,001 $7,888 The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their employees for the nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,695 $26,405 $6,158 $2,194 $4,652 $5,937 Interest cost on projected benefit obligation 30,944 33,706 8,857 3,646 7,242 7,614 Expected return on assets (57,009) (62,779) (15,373) (7,517) (14,393) (13,718) Amortization of net loss 36,557 35,055 10,371 3,944 7,124 9,078 Settlement charges 22,973 37,968 9,061 4,402 15,547 6,616 Net pension cost $53,160 $70,355 $19,074 $6,669 $20,172 $15,527 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $21,640 $29,033 $6,865 $2,304 $5,237 $6,707 Interest cost on projected benefit obligation 26,488 29,695 7,769 3,264 6,215 6,757 Expected return on assets (58,896) (67,521) (16,815) (7,941) (15,851) (14,436) Amortization of net loss 53,652 52,294 15,556 5,996 9,941 14,393 Settlement charges 31,624 48,201 11,447 4,691 8,261 8,725 Net pension cost $74,508 $91,702 $24,822 $8,314 $13,803 $22,146
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 $78,605 $41,641 $27,716 $922 $1,924 $26,376 Pension contributions made through September 2022 $44,300 $24,319 $15,685 $922 $1,632 $12,754 Remaining estimated pension contributions to be made in 2022 $34,305 $17,322 $12,031 $— $292 $13,622
System Energy [Member] | Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 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 nine months ended September 30, 2022 and 2021, included the following components: 2022 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,342 $4,224 $1,017 $297 $993 $930 Interest cost on APBO 3,789 4,329 1,050 522 1,197 837 Expected return on assets (13,449) — (4,182) (4,497) (7,704) (2,373) Amortization of prior service cost/(credit) 1,413 (3,474) (1,329) (687) (3,279) (240) Amortization of net (gain) loss 654 (558) 168 (675) 486 90 Net other postretirement benefit cost (income) ($4,251) $4,521 ($3,276) ($5,040) ($8,307) ($756) 2021 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $3,102 $4,632 $1,086 $327 $1,038 $1,005 Interest cost on APBO 2,796 3,390 834 390 951 660 Expected return on assets (13,515) — (4,152) (4,314) (7,644) (2,367) Amortization of prior service credit (840) (3,690) (1,332) (687) (2,808) (327) Amortization of net (gain) loss 147 (273) 57 (534) 300 45 Net other postretirement benefit cost (income) ($8,310) $4,059 ($3,507) ($4,818) ($8,163) ($984)

Business Segment Information (T

Business Segment Information (Tables)	9 Months Ended
	Sep. 30, 2022
Restructuring and Related Costs [Table Text Block]	Total restructuring charges for the third 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 July 1, $40 $— $40 $33 $— $33 Restructuring costs accrued — — — 2 — 2 Cash paid out 40 — 40 — — — Balance as of September 30, $— $— $— $35 $— $35 Total restructuring charges for the nine months ended September 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 9 1 10 Cash paid out 40 — 40 119 15 134 Balance as of September 30, $— $— $— $35 $— $35
Entergy Corporation [Member]
Segment Financial Information	Entergy’s segment financial information for the third quarters of 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $4,156,616 $62,009 $— ($10) $4,218,615 Income taxes $178,088 $18,252 ($12,228) $— $184,112 Consolidated net income (loss) $667,162 ($18,745) ($37,125) ($55,410) $555,882 2021 Operating revenues $3,191,240 $162,275 $24 ($7) $3,353,532 Income taxes $159,472 $8,836 ($10,026) $— $158,282 Consolidated net income (loss) $574,399 $26,064 ($32,982) ($31,898) $535,583 Entergy’s segment financial information for the nine months ended September 30, 2022 and 2021 were as follows: Utility Entergy All Other Eliminations Consolidated (In Thousands) 2022 Operating revenues $10,191,041 $300,720 $— ($24) $10,491,737 Income taxes ($118,257) $46,340 ($37,117) $— ($109,034) Consolidated net income (loss) $1,166,866 $76,501 ($113,273) ($130,608) $999,486 Total assets as of September 30, 2022 $61,784,169 $465,865 $603,672 ($3,878,411) $58,975,295 2021 Operating revenues $8,461,241 $559,150 $77 ($28) $9,020,440 Income taxes $290,566 ($47,299) ($37,459) $— $205,808 Consolidated net income (loss) $1,264,933 ($210,460) ($85,445) ($95,695) $873,333 Total assets as of 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)	9 Months Ended
	Sep. 30, 2022
Fair Values Of Derivative Instruments	The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 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 $22 $— $22 Utility Natural gas swaps and options Other deferred debits and other assets $8 $— $8 Utility Financial transmission rights Prepayments and other $23 ($2) $21 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 $8 million posted as of September 30, 2022 and December 31, 2021. Also excludes letters of credit in the amount of $3 million posted as of September 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 income statements for the nine months ended September 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 nine months ended September 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 income statements for the three months ended September 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) $42 Financial transmission rights Purchased power expense (b) $30 2021 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) $37 Financial transmission rights Purchased power expense (b) $18 Electricity swaps and options (c) Competitive business operating revenues $— The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 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) $120 Financial transmission rights Purchased power expense (b) $90 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) $62 Financial transmission rights Purchased power expense (b) $162 Electricity swaps and options (c) Competitive business operating revenues ($2) (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 September 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 $923 $— $— $923 Decommissioning trust funds (a): Equity securities 15 — — 15 Debt securities (b) 553 1,073 — 1,626 Common trusts (c) 2,269 Securitization recovery trust account 27 — — 27 Escrow accounts 332 — — 332 Gas hedge contracts 22 8 — 30 Financial transmission rights — — 21 21 $1,872 $1,081 $21 $5,243 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 September 30, 2022 and 2021: 2022 2021 Financial transmission rights Financial transmission rights (In Millions) Balance as of July 1, $12 $15 Total gains (losses) for the period Included as a regulatory liability/asset 39 11 Settlements (30) (18) Balance as of September 30, $21 $8 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the nine months ended September 30, 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) — Included in other comprehensive income — 2 — Included as a regulatory liability/asset 91 — 149 Issuances of financial transmission rights 16 — 12 Settlements (90) (38) (162) Balance as of September 30, $21 $— $8
Entergy Arkansas [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 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 $20.1 $— $20.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.0 $— $8.0 Entergy Louisiana Natural gas swaps Prepayments and other $2.0 $— $2.0 Entergy Mississippi Financial transmission rights Prepayments and other $9.6 $— $9.6 Entergy Arkansas Financial transmission rights Prepayments and other $10.0 ($0.6) $9.4 Entergy Louisiana Financial transmission rights Prepayments and other $1.5 $— $1.5 Entergy Mississippi Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy New Orleans Liabilities: Natural gas swaps Other current liabilities $0.4 $— $0.4 Entergy New Orleans Financial transmission rights Other current liabilities $0.9 ($1.3) ($0.4) Entergy Texas 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 September 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 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 September 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 $17.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $24.4 (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 $12.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.2 (b) Entergy Louisiana Financial transmission rights Purchased power expense $4.8 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.3 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 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 $37.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $81.9 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.7 (a) Entergy New Orleans Financial transmission rights Purchased power expense $35.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $35.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $8.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $3.0 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.2 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas (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 $76.9 $— $— $76.9 Decommissioning trust funds (a): Equity securities 6.7 — — 6.7 Debt securities 134.4 326.7 — 461.1 Common trusts (b) 673.9 Financial transmission rights — — 9.6 9.6 $218.0 $326.7 $9.6 $1,228.2 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 September 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $4.4 $4.7 $0.5 $0.6 $1.5 Gains (losses) included as a regulatory liability/asset 17.6 14.9 5.8 1.1 0.4 Settlements (12.4) (10.2) (4.8) (0.6) (2.3) Balance as of September 30, $9.6 $9.4 $1.5 $1.1 ($0.4) 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 September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $3.8 $4.8 $2.1 $0.6 $3.8 Gains (losses) included as a regulatory liability/asset 3.1 6.5 — 0.3 0.5 Settlements (4.5) (8.7) (1.5) (0.6) (2.6) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the nine months ended September 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 37.7 39.2 8.4 3.2 2.1 Settlements (35.8) (35.7) (8.0) (3.0) (7.2) Balance as of September 30, $9.6 $9.4 $1.5 $1.1 ($0.4) 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 nine months ended September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.7 $4.2 $0.6 $0.1 $1.6 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 30.9 21.1 7.7 2.4 82.7 Settlements (34.0) (26.8) (9.4) (2.6) (85.3) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7
Entergy Louisiana [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 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 $20.1 $— $20.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.0 $— $8.0 Entergy Louisiana Natural gas swaps Prepayments and other $2.0 $— $2.0 Entergy Mississippi Financial transmission rights Prepayments and other $9.6 $— $9.6 Entergy Arkansas Financial transmission rights Prepayments and other $10.0 ($0.6) $9.4 Entergy Louisiana Financial transmission rights Prepayments and other $1.5 $— $1.5 Entergy Mississippi Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy New Orleans Liabilities: Natural gas swaps Other current liabilities $0.4 $— $0.4 Entergy New Orleans Financial transmission rights Other current liabilities $0.9 ($1.3) ($0.4) Entergy Texas 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 September 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 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 September 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 $17.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $24.4 (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 $12.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.2 (b) Entergy Louisiana Financial transmission rights Purchased power expense $4.8 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.3 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 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 $37.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $81.9 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.7 (a) Entergy New Orleans Financial transmission rights Purchased power expense $35.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $35.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $8.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $3.0 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.2 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas (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 $195.3 $— $— $195.3 Decommissioning trust funds (a): Equity securities 5.4 — — 5.4 Debt securities 210.5 504.2 — 714.7 Common trusts (b) 962.4 Escrow accounts 291.2 — — 291.2 Gas hedge contracts 20.1 8.0 — 28.1 Financial transmission rights — — 9.4 9.4 $722.5 $512.2 $9.4 $2,206.5 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 September 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $4.4 $4.7 $0.5 $0.6 $1.5 Gains (losses) included as a regulatory liability/asset 17.6 14.9 5.8 1.1 0.4 Settlements (12.4) (10.2) (4.8) (0.6) (2.3) Balance as of September 30, $9.6 $9.4 $1.5 $1.1 ($0.4) 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 September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $3.8 $4.8 $2.1 $0.6 $3.8 Gains (losses) included as a regulatory liability/asset 3.1 6.5 — 0.3 0.5 Settlements (4.5) (8.7) (1.5) (0.6) (2.6) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the nine months ended September 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 37.7 39.2 8.4 3.2 2.1 Settlements (35.8) (35.7) (8.0) (3.0) (7.2) Balance as of September 30, $9.6 $9.4 $1.5 $1.1 ($0.4) 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 nine months ended September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.7 $4.2 $0.6 $0.1 $1.6 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 30.9 21.1 7.7 2.4 82.7 Settlements (34.0) (26.8) (9.4) (2.6) (85.3) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7
Entergy Mississippi [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 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 $20.1 $— $20.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.0 $— $8.0 Entergy Louisiana Natural gas swaps Prepayments and other $2.0 $— $2.0 Entergy Mississippi Financial transmission rights Prepayments and other $9.6 $— $9.6 Entergy Arkansas Financial transmission rights Prepayments and other $10.0 ($0.6) $9.4 Entergy Louisiana Financial transmission rights Prepayments and other $1.5 $— $1.5 Entergy Mississippi Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy New Orleans Liabilities: Natural gas swaps Other current liabilities $0.4 $— $0.4 Entergy New Orleans Financial transmission rights Other current liabilities $0.9 ($1.3) ($0.4) Entergy Texas 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 September 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 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 September 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 $17.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $24.4 (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 $12.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.2 (b) Entergy Louisiana Financial transmission rights Purchased power expense $4.8 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.3 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 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 $37.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $81.9 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.7 (a) Entergy New Orleans Financial transmission rights Purchased power expense $35.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $35.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $8.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $3.0 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.2 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas (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: Escrow accounts $41.1 $— $— $41.1 Gas hedge contracts 2.0 — — 2.0 Financial transmission rights — — 1.5 1.5 $43.1 $— $1.5 $44.6 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 September 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $4.4 $4.7 $0.5 $0.6 $1.5 Gains (losses) included as a regulatory liability/asset 17.6 14.9 5.8 1.1 0.4 Settlements (12.4) (10.2) (4.8) (0.6) (2.3) Balance as of September 30, $9.6 $9.4 $1.5 $1.1 ($0.4) 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 September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $3.8 $4.8 $2.1 $0.6 $3.8 Gains (losses) included as a regulatory liability/asset 3.1 6.5 — 0.3 0.5 Settlements (4.5) (8.7) (1.5) (0.6) (2.6) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the nine months ended September 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 37.7 39.2 8.4 3.2 2.1 Settlements (35.8) (35.7) (8.0) (3.0) (7.2) Balance as of September 30, $9.6 $9.4 $1.5 $1.1 ($0.4) 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 nine months ended September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.7 $4.2 $0.6 $0.1 $1.6 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 30.9 21.1 7.7 2.4 82.7 Settlements (34.0) (26.8) (9.4) (2.6) (85.3) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7
Entergy New Orleans [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 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 $20.1 $— $20.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.0 $— $8.0 Entergy Louisiana Natural gas swaps Prepayments and other $2.0 $— $2.0 Entergy Mississippi Financial transmission rights Prepayments and other $9.6 $— $9.6 Entergy Arkansas Financial transmission rights Prepayments and other $10.0 ($0.6) $9.4 Entergy Louisiana Financial transmission rights Prepayments and other $1.5 $— $1.5 Entergy Mississippi Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy New Orleans Liabilities: Natural gas swaps Other current liabilities $0.4 $— $0.4 Entergy New Orleans Financial transmission rights Other current liabilities $0.9 ($1.3) ($0.4) Entergy Texas 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 September 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 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 September 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 $17.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $24.4 (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 $12.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.2 (b) Entergy Louisiana Financial transmission rights Purchased power expense $4.8 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.3 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 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 $37.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $81.9 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.7 (a) Entergy New Orleans Financial transmission rights Purchased power expense $35.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $35.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $8.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $3.0 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.2 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas (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 $17.6 $— $— $17.6 Securitization recovery trust account 5.5 — — 5.5 Financial transmission rights — — 1.1 1.1 $23.1 $— $1.1 $24.2 Liabilities: Gas hedge contracts $0.4 $— $— $0.4 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 September 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $4.4 $4.7 $0.5 $0.6 $1.5 Gains (losses) included as a regulatory liability/asset 17.6 14.9 5.8 1.1 0.4 Settlements (12.4) (10.2) (4.8) (0.6) (2.3) Balance as of September 30, $9.6 $9.4 $1.5 $1.1 ($0.4) 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 September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $3.8 $4.8 $2.1 $0.6 $3.8 Gains (losses) included as a regulatory liability/asset 3.1 6.5 — 0.3 0.5 Settlements (4.5) (8.7) (1.5) (0.6) (2.6) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the nine months ended September 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 37.7 39.2 8.4 3.2 2.1 Settlements (35.8) (35.7) (8.0) (3.0) (7.2) Balance as of September 30, $9.6 $9.4 $1.5 $1.1 ($0.4) 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 nine months ended September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.7 $4.2 $0.6 $0.1 $1.6 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 30.9 21.1 7.7 2.4 82.7 Settlements (34.0) (26.8) (9.4) (2.6) (85.3) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7
Entergy Texas [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 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 $20.1 $— $20.1 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets $8.0 $— $8.0 Entergy Louisiana Natural gas swaps Prepayments and other $2.0 $— $2.0 Entergy Mississippi Financial transmission rights Prepayments and other $9.6 $— $9.6 Entergy Arkansas Financial transmission rights Prepayments and other $10.0 ($0.6) $9.4 Entergy Louisiana Financial transmission rights Prepayments and other $1.5 $— $1.5 Entergy Mississippi Financial transmission rights Prepayments and other $1.1 $— $1.1 Entergy New Orleans Liabilities: Natural gas swaps Other current liabilities $0.4 $— $0.4 Entergy New Orleans Financial transmission rights Other current liabilities $0.9 ($1.3) ($0.4) Entergy Texas 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 September 30, 2022, letters of credit posted with MISO covered financial transmission rights exposure of $0.9 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.8 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 September 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 $17.9 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $24.4 (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 $12.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $10.2 (b) Entergy Louisiana Financial transmission rights Purchased power expense $4.8 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.3 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $9.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $25.6 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $4.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $8.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.5 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $2.6 (b) Entergy Texas The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the nine months ended September 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 $37.7 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $81.9 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.7 (a) Entergy New Orleans Financial transmission rights Purchased power expense $35.8 (b) Entergy Arkansas Financial transmission rights Purchased power expense $35.7 (b) Entergy Louisiana Financial transmission rights Purchased power expense $8.0 (b) Entergy Mississippi Financial transmission rights Purchased power expense $3.0 (b) Entergy New Orleans Financial transmission rights Purchased power expense $7.2 (b) Entergy Texas 2021 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $16.1 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $44 (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $2.2 (a) Entergy New Orleans Financial transmission rights Purchased power expense $34 (b) Entergy Arkansas Financial transmission rights Purchased power expense $26.8 (b) Entergy Louisiana Financial transmission rights Purchased power expense $9.4 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.6 (b) Entergy New Orleans Financial transmission rights Purchased power expense $85.3 (b) Entergy Texas (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 $208.8 $— $— $208.8 Securitization recovery trust account 21.9 — — 21.9 $230.7 $— $— $230.7 Liabilities: Financial transmission rights $— $— $0.4 $0.4 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 September 30, 2022. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $4.4 $4.7 $0.5 $0.6 $1.5 Gains (losses) included as a regulatory liability/asset 17.6 14.9 5.8 1.1 0.4 Settlements (12.4) (10.2) (4.8) (0.6) (2.3) Balance as of September 30, $9.6 $9.4 $1.5 $1.1 ($0.4) 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 September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $3.8 $4.8 $2.1 $0.6 $3.8 Gains (losses) included as a regulatory liability/asset 3.1 6.5 — 0.3 0.5 Settlements (4.5) (8.7) (1.5) (0.6) (2.6) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7 The following table sets forth a reconciliation of changes in the net assets for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the nine months ended September 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 37.7 39.2 8.4 3.2 2.1 Settlements (35.8) (35.7) (8.0) (3.0) (7.2) Balance as of September 30, $9.6 $9.4 $1.5 $1.1 ($0.4) 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 nine months ended September 30, 2021. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $2.7 $4.2 $0.6 $0.1 $1.6 Issuances of financial transmission rights 2.8 4.1 1.7 0.4 2.7 Gains (losses) included as a regulatory liability/asset 30.9 21.1 7.7 2.4 82.7 Settlements (34.0) (26.8) (9.4) (2.6) (85.3) Balance as of September 30, $2.4 $2.6 $0.6 $0.3 $1.7
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 $194.9 $— $— $194.9 Decommissioning trust funds (a): Equity securities 2.9 — — 2.9 Debt Securities 208.5 242.2 — 450.7 Common trusts (b) 632.7 $406.3 $242.2 $— $1,281.2 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)	9 Months Ended
	Sep. 30, 2022
Securities Held	The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $1,626 $2 $232 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 September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $1,211 $165 $770 $8 More than 12 months 339 67 99 4 Total $1,550 $232 $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 September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $77 $— 1 year - 5 years 526 473 5 years - 10 years 456 655 10 years - 15 years 111 389 15 years - 20 years 139 130 20 years+ 317 530 Total $1,626 $2,177
Entergy Arkansas [Member]
Securities Held	The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $461.1 $— $73.7 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 September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $288.3 $40.5 $183.8 $2.9 More than 12 months 159.8 33.2 39.5 1.8 Total $448.1 $73.7 $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 September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $40.5 $— 1 year - 5 years 156.7 91.7 5 years - 10 years 180.1 217.4 10 years - 15 years 34.5 146.0 15 years - 20 years 30.8 35.7 20 years+ 18.5 35.5 Total $461.1 $526.3
Entergy Louisiana [Member]
Securities Held	The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $714.7 $1.8 $86.6 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 September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $579.8 $68.8 $206.9 $1.4 More than 12 months 76.5 17.8 42.9 1.9 Total $656.3 $86.6 $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 September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $29.3 $— 1 year - 5 years 184.7 157.8 5 years - 10 years 152.6 173.0 10 years - 15 years 67.9 123.0 15 years - 20 years 80.5 80.2 20 years+ 199.7 260.2 Total $714.7 $794.2
System Energy [Member]
Securities Held	The available-for-sale securities held as of September 30, 2022 and December 31, 2021 are summarized as follows: Fair Total Total (In Millions) 2022 Debt Securities $450.7 $0.1 $71.2 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 September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Fair Gross Fair Gross (In Millions) Less than 12 months $342.7 $55.2 $276.6 $2.3 More than 12 months 102.2 16.0 11.3 0.6 Total $444.9 $71.2 $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 September 30, 2022 and December 31, 2021 were as follows: 2022 2021 (In Millions) Less than 1 year $7.7 $— 1 year - 5 years 184.4 156.8 5 years - 10 years 123.6 161.8 10 years - 15 years 9.0 58.6 15 years - 20 years 27.6 1.9 20 years+ 98.4 145.4 Total $450.7 $524.5

Income Taxes Income Taxes (Tabl

Income Taxes Income Taxes (Tables)	9 Months Ended
	Sep. 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 Nine Months 2022 2021 2022 2021 (In Millions) Entergy $16 $17 $50 $72 Entergy Arkansas $— $— $— $8 Entergy Louisiana $6 $8 $25 $24 Entergy New Orleans $— $— $1 $— Entergy Texas $10 $9 $24 $22 System Energy $— $— $— $18
Entergy Arkansas [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2022 2021 2022 2021 (In Millions) Entergy $16 $17 $50 $72 Entergy Arkansas $— $— $— $8 Entergy Louisiana $6 $8 $25 $24 Entergy New Orleans $— $— $1 $— Entergy Texas $10 $9 $24 $22 System Energy $— $— $— $18
Entergy Louisiana [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2022 2021 2022 2021 (In Millions) Entergy $16 $17 $50 $72 Entergy Arkansas $— $— $— $8 Entergy Louisiana $6 $8 $25 $24 Entergy New Orleans $— $— $1 $— Entergy Texas $10 $9 $24 $22 System Energy $— $— $— $18
Entergy New Orleans [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2022 2021 2022 2021 (In Millions) Entergy $16 $17 $50 $72 Entergy Arkansas $— $— $— $8 Entergy Louisiana $6 $8 $25 $24 Entergy New Orleans $— $— $1 $— Entergy Texas $10 $9 $24 $22 System Energy $— $— $— $18
Entergy Texas [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2022 2021 2022 2021 (In Millions) Entergy $16 $17 $50 $72 Entergy Arkansas $— $— $— $8 Entergy Louisiana $6 $8 $25 $24 Entergy New Orleans $— $— $1 $— Entergy Texas $10 $9 $24 $22 System Energy $— $— $— $18
System Energy [Member]
Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT [Table Text Block]	The return of unprotected excess accumulated deferred income taxes reduced Entergy’s and the Registrant Subsidiaries’ regulatory liability for income taxes as follows: Three Months Nine Months 2022 2021 2022 2021 (In Millions) Entergy $16 $17 $50 $72 Entergy Arkansas $— $— $— $8 Entergy Louisiana $6 $8 $25 $24 Entergy New Orleans $— $— $1 $— Entergy Texas $10 $9 $24 $22 System Energy $— $— $— $18

Revenue Recognition Revenue Rec

Revenue Recognition Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2022
Disaggregation of Revenue [Table Text Block]	Entergy’s total revenues for the three months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $1,570,940 $1,291,645 Commercial 940,604 756,903 Industrial 1,109,245 814,685 Governmental 84,649 66,167 Total billed retail 3,705,438 2,929,400 Sales for resale (a) 311,479 135,220 Other electric revenues (b) 83,679 81,343 Revenues from contracts with customers 4,100,596 3,145,963 Other revenues (c) 9,462 14,006 Total electric revenues 4,110,058 3,159,969 Natural gas 46,548 31,254 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 61,898 158,608 Other revenues (c) 111 3,701 Total competitive businesses revenues 62,009 162,309 Total operating revenues $4,218,615 $3,353,532 Entergy’s total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 2021 (In Thousands) Utility: Residential $3,592,025 $3,114,084 Commercial 2,290,893 1,958,284 Industrial 2,731,075 2,169,295 Governmental 209,044 184,576 Total billed retail 8,823,037 7,426,239 Sales for resale (a) 689,473 459,425 Other electric revenues (b) 420,710 348,683 Revenues from contracts with customers 9,933,220 8,234,347 Other revenues (c) 90,869 105,417 Total electric revenues 10,024,089 8,339,764 Natural gas 166,917 121,420 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 294,432 537,402 Other revenues (c) 6,299 21,854 Total competitive businesses revenues 300,731 559,256 Total operating revenues $10,491,737 $9,020,440
Allowance for Doubtful Accounts	The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 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) 28.8 12.1 8.3 1.5 4.0 2.9 Write-offs (95.1) (27.3) (38.1) (9.8) (11.7) (8.2) Recoveries 28.4 8.4 10.5 3.2 3.8 2.5 Balance as of September 30, 2022 $30.7 $6.3 $9.9 $2.1 $9.4 $3.0 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) 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($6.4) million for Entergy, $6.4 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 $23.8 million for Entergy, $14.0 million for Entergy Arkansas, $10.4 million for Entergy Louisiana, ($0.1) million for Entergy Mississippi, and ($0.5) million for Entergy New Orleans 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 September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $323,767 $618,056 $206,708 $116,968 $305,441 Commercial 165,609 402,027 150,137 75,083 147,748 Industrial 175,304 693,445 50,931 10,973 178,592 Governmental 6,104 28,022 14,837 27,406 8,280 Total billed retail 670,784 1,741,550 422,613 230,430 640,061 Sales for resale (a) 157,008 191,664 56,162 33,158 9,149 Other electric revenues (b) 35,478 61,549 (21,997) (900) 10,895 Revenues from contracts with customers 863,270 1,994,763 456,778 262,688 660,105 Other revenues (c) 1,232 8,246 2,354 216 (549) Total electric revenues 864,502 2,003,009 459,132 262,904 659,556 Natural gas — 17,789 — 28,759 — Total operating revenues $864,502 $2,020,798 $459,132 $291,663 $659,556 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 The Utility operating companies’ total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $750,762 $1,372,538 $503,351 $256,110 $709,264 Commercial 406,078 949,680 379,075 179,456 376,604 Industrial 420,788 1,681,628 133,826 26,462 468,371 Governmental 15,702 68,880 39,449 62,617 22,396 Total billed retail 1,593,330 4,072,726 1,055,701 524,645 1,576,635 Sales for resale (a) 384,175 422,596 121,328 96,523 44,927 Other electric revenues (b) 136,870 185,405 29,665 17,936 54,874 Revenues from contracts with customers 2,114,375 4,680,727 1,206,694 639,104 1,676,436 Other revenues (c) 6,022 57,461 6,926 2,530 20,193 Total electric revenues 2,120,397 4,738,188 1,213,620 641,634 1,696,629 Natural gas — 64,367 — 102,550 — Total operating revenues $2,120,397 $4,802,555 $1,213,620 $744,184 $1,696,629 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 (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, unbilled revenue, and certain customer credits as directed by regulators. (c) Other revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
Allowance for Doubtful Accounts	The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 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) 28.8 12.1 8.3 1.5 4.0 2.9 Write-offs (95.1) (27.3) (38.1) (9.8) (11.7) (8.2) Recoveries 28.4 8.4 10.5 3.2 3.8 2.5 Balance as of September 30, 2022 $30.7 $6.3 $9.9 $2.1 $9.4 $3.0 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) 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($6.4) million for Entergy, $6.4 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 $23.8 million for Entergy, $14.0 million for Entergy Arkansas, $10.4 million for Entergy Louisiana, ($0.1) million for Entergy Mississippi, and ($0.5) million for Entergy New Orleans 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 September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $323,767 $618,056 $206,708 $116,968 $305,441 Commercial 165,609 402,027 150,137 75,083 147,748 Industrial 175,304 693,445 50,931 10,973 178,592 Governmental 6,104 28,022 14,837 27,406 8,280 Total billed retail 670,784 1,741,550 422,613 230,430 640,061 Sales for resale (a) 157,008 191,664 56,162 33,158 9,149 Other electric revenues (b) 35,478 61,549 (21,997) (900) 10,895 Revenues from contracts with customers 863,270 1,994,763 456,778 262,688 660,105 Other revenues (c) 1,232 8,246 2,354 216 (549) Total electric revenues 864,502 2,003,009 459,132 262,904 659,556 Natural gas — 17,789 — 28,759 — Total operating revenues $864,502 $2,020,798 $459,132 $291,663 $659,556 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 The Utility operating companies’ total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $750,762 $1,372,538 $503,351 $256,110 $709,264 Commercial 406,078 949,680 379,075 179,456 376,604 Industrial 420,788 1,681,628 133,826 26,462 468,371 Governmental 15,702 68,880 39,449 62,617 22,396 Total billed retail 1,593,330 4,072,726 1,055,701 524,645 1,576,635 Sales for resale (a) 384,175 422,596 121,328 96,523 44,927 Other electric revenues (b) 136,870 185,405 29,665 17,936 54,874 Revenues from contracts with customers 2,114,375 4,680,727 1,206,694 639,104 1,676,436 Other revenues (c) 6,022 57,461 6,926 2,530 20,193 Total electric revenues 2,120,397 4,738,188 1,213,620 641,634 1,696,629 Natural gas — 64,367 — 102,550 — Total operating revenues $2,120,397 $4,802,555 $1,213,620 $744,184 $1,696,629 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 (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, unbilled revenue, and certain customer credits as directed by regulators. (c) Other revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
Allowance for Doubtful Accounts	The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 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) 28.8 12.1 8.3 1.5 4.0 2.9 Write-offs (95.1) (27.3) (38.1) (9.8) (11.7) (8.2) Recoveries 28.4 8.4 10.5 3.2 3.8 2.5 Balance as of September 30, 2022 $30.7 $6.3 $9.9 $2.1 $9.4 $3.0 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) 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($6.4) million for Entergy, $6.4 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 $23.8 million for Entergy, $14.0 million for Entergy Arkansas, $10.4 million for Entergy Louisiana, ($0.1) million for Entergy Mississippi, and ($0.5) million for Entergy New Orleans 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 September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $323,767 $618,056 $206,708 $116,968 $305,441 Commercial 165,609 402,027 150,137 75,083 147,748 Industrial 175,304 693,445 50,931 10,973 178,592 Governmental 6,104 28,022 14,837 27,406 8,280 Total billed retail 670,784 1,741,550 422,613 230,430 640,061 Sales for resale (a) 157,008 191,664 56,162 33,158 9,149 Other electric revenues (b) 35,478 61,549 (21,997) (900) 10,895 Revenues from contracts with customers 863,270 1,994,763 456,778 262,688 660,105 Other revenues (c) 1,232 8,246 2,354 216 (549) Total electric revenues 864,502 2,003,009 459,132 262,904 659,556 Natural gas — 17,789 — 28,759 — Total operating revenues $864,502 $2,020,798 $459,132 $291,663 $659,556 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 The Utility operating companies’ total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $750,762 $1,372,538 $503,351 $256,110 $709,264 Commercial 406,078 949,680 379,075 179,456 376,604 Industrial 420,788 1,681,628 133,826 26,462 468,371 Governmental 15,702 68,880 39,449 62,617 22,396 Total billed retail 1,593,330 4,072,726 1,055,701 524,645 1,576,635 Sales for resale (a) 384,175 422,596 121,328 96,523 44,927 Other electric revenues (b) 136,870 185,405 29,665 17,936 54,874 Revenues from contracts with customers 2,114,375 4,680,727 1,206,694 639,104 1,676,436 Other revenues (c) 6,022 57,461 6,926 2,530 20,193 Total electric revenues 2,120,397 4,738,188 1,213,620 641,634 1,696,629 Natural gas — 64,367 — 102,550 — Total operating revenues $2,120,397 $4,802,555 $1,213,620 $744,184 $1,696,629 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 (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, unbilled revenue, and certain customer credits as directed by regulators. (c) Other revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
Allowance for Doubtful Accounts	The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 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) 28.8 12.1 8.3 1.5 4.0 2.9 Write-offs (95.1) (27.3) (38.1) (9.8) (11.7) (8.2) Recoveries 28.4 8.4 10.5 3.2 3.8 2.5 Balance as of September 30, 2022 $30.7 $6.3 $9.9 $2.1 $9.4 $3.0 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) 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($6.4) million for Entergy, $6.4 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 $23.8 million for Entergy, $14.0 million for Entergy Arkansas, $10.4 million for Entergy Louisiana, ($0.1) million for Entergy Mississippi, and ($0.5) million for Entergy New Orleans 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 September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $323,767 $618,056 $206,708 $116,968 $305,441 Commercial 165,609 402,027 150,137 75,083 147,748 Industrial 175,304 693,445 50,931 10,973 178,592 Governmental 6,104 28,022 14,837 27,406 8,280 Total billed retail 670,784 1,741,550 422,613 230,430 640,061 Sales for resale (a) 157,008 191,664 56,162 33,158 9,149 Other electric revenues (b) 35,478 61,549 (21,997) (900) 10,895 Revenues from contracts with customers 863,270 1,994,763 456,778 262,688 660,105 Other revenues (c) 1,232 8,246 2,354 216 (549) Total electric revenues 864,502 2,003,009 459,132 262,904 659,556 Natural gas — 17,789 — 28,759 — Total operating revenues $864,502 $2,020,798 $459,132 $291,663 $659,556 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 The Utility operating companies’ total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $750,762 $1,372,538 $503,351 $256,110 $709,264 Commercial 406,078 949,680 379,075 179,456 376,604 Industrial 420,788 1,681,628 133,826 26,462 468,371 Governmental 15,702 68,880 39,449 62,617 22,396 Total billed retail 1,593,330 4,072,726 1,055,701 524,645 1,576,635 Sales for resale (a) 384,175 422,596 121,328 96,523 44,927 Other electric revenues (b) 136,870 185,405 29,665 17,936 54,874 Revenues from contracts with customers 2,114,375 4,680,727 1,206,694 639,104 1,676,436 Other revenues (c) 6,022 57,461 6,926 2,530 20,193 Total electric revenues 2,120,397 4,738,188 1,213,620 641,634 1,696,629 Natural gas — 64,367 — 102,550 — Total operating revenues $2,120,397 $4,802,555 $1,213,620 $744,184 $1,696,629 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 (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, unbilled revenue, and certain customer credits as directed by regulators. (c) Other revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
Allowance for Doubtful Accounts	The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 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) 28.8 12.1 8.3 1.5 4.0 2.9 Write-offs (95.1) (27.3) (38.1) (9.8) (11.7) (8.2) Recoveries 28.4 8.4 10.5 3.2 3.8 2.5 Balance as of September 30, 2022 $30.7 $6.3 $9.9 $2.1 $9.4 $3.0 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) 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($6.4) million for Entergy, $6.4 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 $23.8 million for Entergy, $14.0 million for Entergy Arkansas, $10.4 million for Entergy Louisiana, ($0.1) million for Entergy Mississippi, and ($0.5) million for Entergy New Orleans 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 September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $323,767 $618,056 $206,708 $116,968 $305,441 Commercial 165,609 402,027 150,137 75,083 147,748 Industrial 175,304 693,445 50,931 10,973 178,592 Governmental 6,104 28,022 14,837 27,406 8,280 Total billed retail 670,784 1,741,550 422,613 230,430 640,061 Sales for resale (a) 157,008 191,664 56,162 33,158 9,149 Other electric revenues (b) 35,478 61,549 (21,997) (900) 10,895 Revenues from contracts with customers 863,270 1,994,763 456,778 262,688 660,105 Other revenues (c) 1,232 8,246 2,354 216 (549) Total electric revenues 864,502 2,003,009 459,132 262,904 659,556 Natural gas — 17,789 — 28,759 — Total operating revenues $864,502 $2,020,798 $459,132 $291,663 $659,556 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $294,797 $477,025 $184,479 $85,974 $249,370 Commercial 149,952 300,255 131,472 57,563 117,661 Industrial 155,714 477,439 40,671 8,574 132,287 Governmental 5,747 21,448 13,110 20,016 5,846 Total billed retail 606,210 1,276,167 369,732 172,127 505,164 Sales for resale (a) 76,576 98,830 35,199 23,290 25,329 Other electric revenues (b) 33,120 27,790 13,689 (3,258) 11,355 Revenues from contracts with customers 715,906 1,402,787 418,620 192,159 541,848 Other revenues (c) 6,777 4,950 1,699 787 (216) Total electric revenues 722,683 1,407,737 420,319 192,946 541,632 Natural gas — 12,971 — 18,283 — Total operating revenues $722,683 $1,420,708 $420,319 $211,229 $541,632 The Utility operating companies’ total revenues for the nine months ended September 30, 2022 and 2021 were as follows: 2022 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $750,762 $1,372,538 $503,351 $256,110 $709,264 Commercial 406,078 949,680 379,075 179,456 376,604 Industrial 420,788 1,681,628 133,826 26,462 468,371 Governmental 15,702 68,880 39,449 62,617 22,396 Total billed retail 1,593,330 4,072,726 1,055,701 524,645 1,576,635 Sales for resale (a) 384,175 422,596 121,328 96,523 44,927 Other electric revenues (b) 136,870 185,405 29,665 17,936 54,874 Revenues from contracts with customers 2,114,375 4,680,727 1,206,694 639,104 1,676,436 Other revenues (c) 6,022 57,461 6,926 2,530 20,193 Total electric revenues 2,120,397 4,738,188 1,213,620 641,634 1,696,629 Natural gas — 64,367 — 102,550 — Total operating revenues $2,120,397 $4,802,555 $1,213,620 $744,184 $1,696,629 2021 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $703,081 $1,153,428 $449,576 $212,586 $595,413 Commercial 367,556 787,255 331,052 156,454 315,967 Industrial 373,410 1,299,633 111,195 23,391 361,666 Governmental 14,538 61,611 34,526 54,708 19,193 Total billed retail 1,458,585 3,301,927 926,349 447,139 1,292,239 Sales for resale (a) 256,411 253,600 119,559 40,796 118,944 Other electric revenues (b) 125,912 127,444 54,029 2,894 42,461 Revenues from contracts with customers 1,840,908 3,682,971 1,099,937 490,829 1,453,644 Other revenues (c) 15,435 59,008 6,041 1,026 (1,358) Total electric revenues 1,856,343 3,741,979 1,105,978 491,855 1,452,286 Natural gas — 53,971 — 67,449 — Total operating revenues $1,856,343 $3,795,950 $1,105,978 $559,304 $1,452,286 (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, unbilled revenue, and certain customer credits as directed by regulators. (c) Other revenues include the equity component of carrying costs related to securitization, settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
Allowance for Doubtful Accounts	The following tables set forth a reconciliation of changes in the allowance for doubtful accounts for the nine months ended September 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) 28.8 12.1 8.3 1.5 4.0 2.9 Write-offs (95.1) (27.3) (38.1) (9.8) (11.7) (8.2) Recoveries 28.4 8.4 10.5 3.2 3.8 2.5 Balance as of September 30, 2022 $30.7 $6.3 $9.9 $2.1 $9.4 $3.0 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) 43.4 20.0 17.7 2.1 2.0 1.6 Write-offs (72.5) (21.4) (28.3) (11.8) (1.3) (9.7) Recoveries 7.5 2.1 3.0 1.6 0.5 0.3 Balance as of September 30, 2021 $96.1 $19.0 $38.1 $11.4 $18.6 $9.0 (a) Provisions include estimated incremental bad debt expenses, and revisions to those estimates, resulting from the COVID-19 pandemic of ($6.4) million for Entergy, $6.4 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 $23.8 million for Entergy, $14.0 million for Entergy Arkansas, $10.4 million for Entergy Louisiana, ($0.1) million for Entergy Mississippi, and ($0.5) million for Entergy New Orleans 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		9 Months Ended
	Jan. 31, 2022	Oct. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
Loss Contingencies [Line Items]
Litigation proceeds for reimbursement of spent nuclear fuel storage costs			$ 32,367	$ 49,236
Entergy Louisiana [Member]
Loss Contingencies [Line Items]
Litigation proceeds for reimbursement of spent nuclear fuel storage costs			$ 0	$ 8,690
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	36 Months Ended
	Nov. 30, 2022 USD ($)	Oct. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Aug. 31, 2022 USD ($)	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 ($)	Aug. 31, 2021 USD ($)	Sep. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	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 ($)	Mar. 31, 2022 USD ($)	Jan. 01, 2022 USD ($)	Apr. 30, 2020 USD ($)
Impairment of Long-Lived Assets Held-for-use																						$ (163,464,000)	$ 345,200,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			$ 1,878,427,000																	$ 1,878,427,000		1,878,427,000							$ 1,511,966,000	$ 1,511,966,000
Proceeds from the issuance of long-term debt																						5,316,693,000	6,269,152,000
Regulatory Asset [Abstract]
Long-term Transition Bond, Noncurrent			311,156,000																	311,156,000		311,156,000							83,639,000	83,639,000
Deferred Fuel Cost			1,138,041,000																	1,138,041,000		1,138,041,000							324,394,000	324,394,000
Replacement Reserve Escrow			332,000,000																	332,000,000		332,000,000							49,000,000	49,000,000
Reduction of income tax expense							$ 283,000,000
Long-term Transition Bond, Noncurrent			311,156,000																	311,156,000		311,156,000							83,639,000	83,639,000
4.00% Series mortgage bonds due July 2022
Debt instrument, interest rate, stated percentage						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			785,673,000																	785,673,000		785,673,000							847,924,000	847,924,000
Proceeds from the issuance of long-term debt																						2,673,246,000	2,404,102,000
Total Restoration Costs For Repair and Replacement of Electrical System including carrying costs								$ 2,640,000,000
Storm Reserve Escrow Account			291,203,000							$ 290,000,000					$ 290,000,000					291,203,000		291,203,000							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			317,633,000																	317,633,000		317,633,000							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			291,200,000																	291,200,000		$ 291,200,000
Fuel Costs																				225,000,000
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%			0.62%
Regulatory Asset [Abstract]
Repayments of First Mortgage Bond				$ 665,000,000			$ 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			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
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		$ 59,100,000																			57,000,000
Entergy Louisiana [Member] | Subsequent Event [Member] | Hurricane Ida
Total Restoration Costs For Repair and Replacement of Electrical System		2,640,000,000
Entergy Mississippi [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount									$ 69,000,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			175,629,000																	175,629,000		175,629,000							95,452,000	95,452,000
Proceeds from the issuance of long-term debt																						249,298,000	200,539,000
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			336,337,000																	336,337,000		336,337,000							121,878,000	121,878,000
Replacement Reserve Escrow			41,100,000																	41,100,000		41,100,000							48,900,000	48,900,000
Interim fuel refund for cumulative over-recovery					$ 14,100,000
MPSC settlement refund						$ 235,000,000
Potential settlement refund						$ 353,000,000
Deferred Fuel Balance - ECR Rider					291,700,000
Power Management Rider Over-Recovery					51,100,000
Regulatory credits to reflect the effects of the joint stipulation					22,600,000
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			10,900,000																	10,900,000		10,900,000
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]
Projected Deferred Fuel Balance																					200,000,000
Entergy New Orleans [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount								$ 42,100,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			45,338,000																	45,338,000		45,338,000							22,199,000	22,199,000
Proceeds from the issuance of long-term debt																							19,251,000
Regulatory Asset [Abstract]
Long-term Transition Bond, Noncurrent			23,927,000																	23,927,000		23,927,000							29,661,000	29,661,000
Earned return on common equity								6.88%
Authorized return on common equity								9.35%
Deferred Fuel Cost			25,694,000																	25,694,000		25,694,000							0	0
Public Utilities, Approved Rate Increase (Decrease), Amount			24,700,000
Regulatory credits funded by certain regulatory liabilities			13,900,000
Long-term Transition Bond, Noncurrent			23,927,000																	23,927,000		23,927,000							29,661,000	29,661,000
Entergy New Orleans [Member] | Deferred COVID 19 Costs
Regulatory Asset [Abstract]
Regulatory Assets			13,900,000																	13,900,000		13,900,000
Entergy New Orleans [Member] | Hurricane Ida
Regulatory Asset [Abstract]
Estimated costs included in filing for total restoration costs for repair and replacement of electrical system						$ 11,000,000
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				$ 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
Reduction to requested total restoration costs for repair and replacement of electrical system						46,000,000
Replenishment amount for storm reserve spending										150,000,000
Initial funding for storm reserve spending			75,000,000	$ 75,000,000
Storm restoration costs approved for securitization			206,000,000
Storm restoration costs approved for securitization allocated to Hurricane Ida			125,000,000
Outages from storm													100%
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					4,700,000
Public Utilities, Requested Rate Increase (Decrease), Amended, Amount					$ 17,100,000
Public Utilities, Approved Rate Increase (Decrease), Amount			18,200,000
Entergy New Orleans [Member] | Natural Gas, US Regulated [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount								3,300,000
Regulatory Asset [Abstract]
Public Utilities, Approved Rate Increase (Decrease), Amount			1,800,000
Entergy New Orleans [Member] | Subsequent Event [Member] | Hurricane Ida
Regulatory Asset [Abstract]
Carrying costs associated with storm restoration costs																					$ 9,000,000
Entergy Texas [Member]
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			285,907,000																	285,907,000		285,907,000							183,965,000	183,965,000
Proceeds from the issuance of long-term debt																						606,444,000	127,931,000
Regulatory Asset [Abstract]
Long-term Transition Bond, Noncurrent			287,229,000																	287,229,000		287,229,000							53,979,000	53,979,000
Deferred Fuel Cost			321,924,000																	321,924,000		321,924,000							48,280,000	48,280,000
Interim fuel surcharge, including interest, for under-recovery of fuel and purchased power costs																														51,700,000
Eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments																															1,700,000,000
Cumulative under-recovery balance, including interest, for reconciliation period									$ 103,100,000																			103,100,000			103,100,000
Long-term Transition Bond, Noncurrent			287,229,000																	287,229,000		287,229,000							53,979,000	53,979,000
Interim fuel surcharge, including interest, for under-recovery of fuel and purchased power costs																														51,700,000
Eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments																															1,700,000,000
Cumulative under-recovery balance, including interest, for reconciliation period									103,100,000																			103,100,000			103,100,000
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			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			458,037,000																	458,037,000		458,037,000							241,127,000	241,127,000
Proceeds from the issuance of long-term debt																						225,625,000	708,126,000
Regulatory Asset [Abstract]
Energy Cost Recovery Rider Rate Per kWh																												0.00959
Deferred Fuel Cost			136,454,000																	136,454,000		136,454,000							108,862,000	108,862,000
Annual revenue constraint per rate class percentage					400%
Entergy Arkansas [Member] | Deferred COVID 19 Costs
Regulatory Asset [Abstract]
Regulatory Assets			39,000,000																	39,000,000		39,000,000
Entergy Arkansas [Member] | 2021 February Winter Storms
Regulatory Asset [Abstract]
Deferred Fuel Cost									32,000,000																			$ 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
System Energy [Member]
Public Utilities, Property, Plant and Equipment, Construction Work in Progress			94,303,000																	94,303,000		94,303,000							97,968,000	$ 97,968,000
Proceeds from the issuance of long-term debt																						$ 955,587,000	$ 565,610,000
Regulatory Asset [Abstract]
Earned return on common equity																						10.94%
Authorized return on common equity					9.65%
Recommended adjustment to earned return on equity																9.32%
Estimated return on equity complaint refund																						$ 62,000,000
Return on equity complaint, estimated annual rate reduction			34,000,000																	34,000,000		$ 34,000,000
Public Utilities, Approved Equity Capital Structure, Percentage					52%
Potential settlement refund						588,250,000
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
System Energy [Member] | Maximum [Member]
Regulatory Asset [Abstract]
ALJ recommended equity capital structure, percentage																48.15%
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			5,700,000					92,800,000		5,000,000	$ 88,300,000
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			144,000,000																	144,000,000		144,000,000
Refund related to depreciation expense adjustments			$ 20,000,000																	$ 20,000,000		$ 20,000,000
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%		48.15%
New Orleans City Council Witness Recommended Refund			$ 98,800,000																	$ 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 refunds ordered in a given year					$ 80
Amount of retail customers receiving bill credit			460,000																	460,000		460,000
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]
Public Utilities, Requested Rate Increase (Decrease), Amount					131,400,000
2022 Base Rate Case | Entergy Texas [Member] | Subsequent Event [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount	$ 50,700,000
2022 Formula Rate Plan | Entergy Arkansas [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount					119,900,000																								$ 15,200,000
Regulatory Asset [Abstract]
Earned return on common equity																													8.38%
Reduced proposed increase in revenue requirement to comply with annual revenue constraint					79,300,000
Projected Revenue Deficiency					$ 104,800,000
2022 Formula Rate Plan | Entergy Arkansas [Member] | Subsequent Event [Member]
Public Utilities, Requested Rate Increase (Decrease), Amount	$ 102,800,000																									$ 87,700,000
Public Utilities, Requested Return on Equity, Percentage																										7.40%
Regulatory Asset [Abstract]
Additional increase in revenue requirement		$ 79,800,000

Equity (Narrative) (Details)

Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands		1 Months Ended							3 Months Ended		9 Months Ended
	Oct. 28, 2022	Sep. 30, 2022	Jun. 30, 2022	May 31, 2022	Mar. 31, 2022	Oct. 31, 2021	Aug. 31, 2021	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Jan. 31, 2021
Equity [Abstract]
Common stock dividend (in dollars per share)									$ 1.01	$ 0.95	$ 3.03	$ 2.85
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		$ 1,900	$ 2,500		$ 1,700	$ 300	$ 1,900	$ 500
Stock Issued During Period, Shares, Treasury Stock Reissued											829,048
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		1,666,172	2,124,086		1,538,010	250,743	1,692,555	416,853
Forward Contract Indexed to Issuer's Equity, Forward Rate Per Share		$ 115.46	$ 116.94		$ 108.14	$ 100.35	$ 111.16	$ 106.87
Forward Contract Indexed to Equity, Settlement, Cash, Amount		$ 194,200	$ 250,900		$ 168,000	$ 25,400	$ 190,100	$ 45,000	$ 194,200		$ 194,200
Stock Issued During Period, Shares, New Issues											0	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											4.8
Forward Contract Indexed to Equity, Settlement, Cash, Amount		1,077,800							1,077,800		$ 1,077,800
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		32,448							32,448		$ 32,448		$ 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		32,448							32,448		$ 32,448		0
Entergy Arkansas [Member]
Equity [Abstract]
Members' Equity Attributable to Noncontrolling Interest		29,990							29,990		29,990		33,110
Entergy Mississippi [Member]
Equity [Abstract]
Members' Equity Attributable to Noncontrolling Interest		478							478		478		0
Entergy Mississippi [Member] | MS Sunflower Partnership, LLC
Equity [Abstract]
Members' Equity Attributable to Noncontrolling Interest		$ 478							$ 478		$ 478		$ 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)	$ 1.07

Equity (Schedule Of Earnings Pe

Equity (Schedule Of Earnings Per Share, Basic And Diluted) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net Income (Loss) Available to Common Stockholders, Basic	$ 560,589	$ 531,003	$ 996,692	$ 859,594
Net Income Attributable to Entergy Corporation, Shares	203,445,773	200,963,049	203,259,373	200,756,267
Net Income Attributable to Entergy Corporation, $/share	$ 2.76	$ 2.64	$ 4.90	$ 4.28
Net Income (Loss) Available to Common Stockholders, Diluted	$ 560,600	$ 531,000	$ 996,700	$ 859,600
Diluted earnings per share, Shares	204,578,013	202,003,329	204,357,916	201,568,508
Diluted earnings per share $/share	$ 2.74	$ 2.63	$ 4.88	$ 4.26
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	600,000	600,000	500,000	400,000
Restricted stock $/share	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)
Forward Contracts [Member]
Incremental Common Shares Attributable to Dilutive Effect of Equity Forward Agreements	100,000	0	100,000	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	400,000
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						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	$ (313,370)	$ (324,038)		$ (472,039)	$ (478,739)		$ (313,370)	$ (472,039)	$ (332,528)	$ (449,207)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	11,905			8,887			32,197	22,540
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(1,237)			(2,187)			(13,039)	(45,372)
Other comprehensive income (loss)	10,668	12,540	$ (4,050)	6,700	21,768	$ (51,300)	19,158	(22,832)
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	0	1,223		9,693	11,855		0	9,693	7,154	56,650
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0			11			5,843	(131)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(1,223)			(2,173)			(12,997)	(46,826)
Other comprehensive income (loss)	(1,223)			(2,162)			(7,154)	(46,957)
Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss)	10,668	12,540	(4,050)	6,700	21,768	(51,300)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	(312,407)	(324,274)		(480,673)	(489,511)		(312,407)	(480,673)	(338,647)	(534,576)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	11,867			8,838			26,240	53,903
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	0			0			0	0
Other comprehensive income (loss)	11,867			8,838			26,240	53,903
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	(963)	(987)		(1,059)	(1,083)		(963)	(1,059)	(1,035)	28,719
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	38			38			114	(31,232)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(14)			(14)			(42)	1,454
Other comprehensive income (loss)	24			24			72	(29,778)
Entergy Louisiana [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	7,469						7,469		8,278
Other comprehensive income (loss)	295	(491)	(613)	(131)	588	(407)	(809)	50
Entergy Louisiana [Member] | Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss)	295	(491)	$ (613)	(131)	588	$ (407)
Entergy Louisiana [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	7,469	$ 7,174		4,377	$ 4,508		7,469	4,377	$ 8,278	$ 4,327
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	295			(131)			(809)	50
Other comprehensive income (loss)	$ 295			$ (131)			$ (809)	$ 50

Equity (Reclassification out of

Equity (Reclassification out of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 4,218,615			$ 3,353,532			$ 10,491,737	$ 9,020,440
Other Nonoperating Income (Expense)	(10,462)			(16,797)			32,720	(140,571)
Income taxes (benefits)	(184,112)			(158,282)			109,034	(205,808)
Consolidated net income	555,882	$ 164,011	$ 279,593	535,583	$ (1,394)	$ 339,145	999,486	873,333
Competitive Businesses [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	62,009			162,309			300,731	559,256
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Consolidated net income	(11,905)			(8,887)			(32,197)	(22,540)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other Nonoperating Income (Expense)	(48)			(48)			(145)	(145)
INCOME (LOSS) BEFORE INCOME TAXES	(48)			(48)			(145)	39,534
Income taxes (benefits)	10			10			31	(8,302)
Consolidated net income	(38)			(38)			(114)	31,232
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			0			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)	0			6			3,402	(76)
Consolidated net income	0			(11)			(5,843)	131
Realized Investment Gains (Losses)	0			(17)			(9,245)	207
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			11,511	15,744
Amortization of loss	(4,870)			(13,490)			(29,774)	(75,553)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	(14,339)			(3,192)			(15,666)	(9,235)
INCOME (LOSS) BEFORE INCOME TAXES	(15,372)			(11,434)			(33,929)	(69,044)
Income taxes (benefits)	3,505			2,596			7,689	15,141
Consolidated net income	(11,867)			(8,838)			(26,240)	(53,903)
Entergy Louisiana [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,020,798			1,420,708			4,802,555	3,795,950
Other Nonoperating Income (Expense)	6,835			(8,924)			59,338	(79,595)
Income taxes (benefits)	(71,453)			(56,536)			204,989	(120,479)
Consolidated net income	274,390	$ 316,659	$ 150,860	224,475	$ 143,927	$ 166,626	741,909	535,028
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			3,474	3,690
Amortization of loss	(222)			(519)			(849)	(1,824)
Defined Benefit Plan, Accumulated Benefit Obligation, (Increase) Decrease for Settlement and Curtailment	(1,340)			(534)			(1,518)	(1,934)
INCOME (LOSS) BEFORE INCOME TAXES	(404)			177			1,107	(68)
Income taxes (benefits)	109			(46)			(298)	18
Consolidated net income	$ (295)			$ 131			$ 809	$ (50)

Revolving Credit Facilities, _3

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Narrative) (Details) $ in Thousands

1 Months Ended

9 Months Ended

Aug. 31, 2022 USD ($)

Jun. 30, 2022 USD ($)

May 31, 2022 USD ($)

Apr. 30, 2022 USD ($)

Mar. 31, 2022 USD ($)

Sep. 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

Amount Drawn/ Outstanding

$ 150,000

Commercial Paper Program [Member]

Debt Instrument [Line Items]

Debt, weighted average interest rate

1.52%

Commercial Paper program limit

$ 2,000,000

Commercial Paper Amount Outstanding

1,387,000

Credit Facility [Member]

Debt Instrument [Line Items]

Amount of Facility

3,500,000

Amount of total borrowing capacity against which fronting commitments exist

$ 20,000

Line of credit facility, commitment fee percentage

0.225%

Line of Credit Facility, Interest Rate During Period

2.39%

4.00% Series mortgage bonds due July 2022

Debt Instrument [Line Items]

Debt instrument, interest rate, stated percentage

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

Amount of total borrowing capacity against which fronting commitments exist

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%

Entergy Louisiana [Member]

Debt Instrument [Line Items]

Authorized Short Term Borrowings

450,000

Amount of total borrowing capacity against which fronting commitments exist

15,000

Letters of Credit Outstanding, Amount

$ 900

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%

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%

0.62%

Repayments of First Mortgage Bond

$ 665,000

$ 435,000

First Mortgage Bond Amount Outstanding

665,000

Entergy Louisiana [Member] | 4.75% Series mortgage bonds due September 2052

Debt Instrument [Line Items]

Proceeds from Issuance of Debt

$ 500,000

Debt instrument, interest rate, stated percentage

4.75%

Entergy Louisiana [Member] | 3.3% Series mortgage bonds due December 2022

Debt Instrument [Line Items]

Debt instrument, interest rate, stated percentage

3.30%

Repayments of First Mortgage Bond

$ 200,000

Entergy Mississippi [Member]

Debt Instrument [Line Items]

Authorized Short Term Borrowings

$ 200,000

Letters of Credit Outstanding, Amount

800

200

Non-MISO letter of credit outstanding

$ 1,000

Entergy Mississippi [Member] | Unsecured Term Loan due December 2023

Debt Instrument [Line Items]

Debt, weighted average interest rate

3.30%

Proceeds from Issuance of Debt

$ 150,000

Entergy Texas [Member]

Debt Instrument [Line Items]

Authorized Short Term Borrowings

$ 200,000

Amount of total borrowing capacity against which fronting commitments exist

30,000

Letters of Credit Outstanding, Amount

800

$ 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

Entergy Texas [Member] | 5.00% Series mortgage bonds due September 2052

Debt Instrument [Line Items]

Proceeds from Issuance of Debt

$ 325,000

Debt instrument, interest rate, stated percentage

5%

System Energy [Member]

Debt Instrument [Line Items]

Authorized Short Term Borrowings

$ 200,000

System Energy [Member] | Unsecured Term Loan due November 2023

Debt Instrument [Line Items]

Debt, weighted average interest rate

2.97%

Proceeds from Issuance of Debt

$ 50,000

Entergy New Orleans [Member]

Debt Instrument [Line Items]

Authorized Short Term Borrowings

$ 150,000

Amount of total borrowing capacity against which fronting commitments exist

10,000

Letters of Credit Outstanding, Amount

100

System Energy VIE [Member]

Debt Instrument [Line Items]

Amount Drawn/ Outstanding

$ 83,900

Line of Credit Facility, Interest Rate During Period

2.15%

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

$ 0

Line of Credit Facility, Interest Rate During Period

2.21%

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

$ 72,200

Line of Credit Facility, Interest Rate During Period

2.12%

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

$ 15,100

Line of Credit Facility, Interest Rate During Period

1.75%

Line of credit facility commitment fee as a percentage of undrawn commitment amount

0.10%

Entergy Nuclear Vermont Yankee

Debt Instrument [Line Items]

Amount of Facility

$ 139,000

Amount Drawn/ Outstanding

$ 139,000

Debt, weighted average interest rate

2.54%

Line of credit facility commitment fee as a percentage of undrawn commitment amount

0.20%

Maximum [Member]

Debt Instrument [Line Items]

Line of credit facility, commitment fee percentage

0.375%

Consolidated debt ratio

0.65

Maximum [Member] | Entergy Arkansas [Member]

Debt Instrument [Line Items]

Consolidated debt ratio

0.65

Consolidated debt ratio of total capitalization

70%

Maximum [Member] | Entergy Louisiana [Member]

Debt Instrument [Line Items]

Consolidated debt ratio

0.65

Consolidated debt ratio of total capitalization

70%

Maximum [Member] | Entergy Mississippi [Member]

Debt Instrument [Line Items]

Consolidated debt ratio

0.65

Maximum [Member] | Entergy Texas [Member]

Debt Instrument [Line Items]

Consolidated debt ratio

0.65

Maximum [Member] | System Energy [Member]

Debt Instrument [Line Items]

Consolidated debt ratio

0.65

Consolidated debt ratio of total capitalization

70%

Maximum [Member] | Entergy New Orleans [Member]

Debt Instrument [Line Items]

Consolidated debt ratio

0.65

Minimum [Member]

Debt Instrument [Line Items]

Line of credit facility, commitment fee percentage

0.075%

Credit Facility Of Three Hundred Fifty Million [Member] | Entergy Louisiana [Member]

Debt Instrument [Line Items]

Amount of Facility

$ 350,000

$ 350,000

Letters of Credit Outstanding, Amount

0

Amount Drawn/ Outstanding

$ 0

Line of Credit Facility, Interest Rate During Period

4.38%

Credit Facility Of One Hundred And Fifty Million [Member] | Entergy Arkansas [Member]

Debt Instrument [Line Items]

Amount of Facility

$ 150,000

Letters of Credit Outstanding, Amount

0

Amount Drawn/ Outstanding

$ 0

Line of Credit Facility, Interest Rate During Period

4.26%

Credit Facility Of One Hundred And Fifty Million [Member] | Entergy Mississippi [Member]

Debt Instrument [Line Items]

Amount of Facility

$ 150,000

Letters of Credit Outstanding, Amount

0

Amount Drawn/ Outstanding

$ 100,000

Line of Credit Facility, Interest Rate During Period

3.97%

Credit Facility Of One Hundred And Fifty Million [Member] | Entergy Texas [Member]

Debt Instrument [Line Items]

Amount of Facility

$ 150,000

Letters of Credit Outstanding, Amount

1,100

Amount Drawn/ Outstanding

$ 0

Line of Credit Facility, Interest Rate During Period

4.38%

Credit Facility Of Ten Million [Member] | Entergy Mississippi [Member]

Debt Instrument [Line Items]

Amount of Facility

$ 10,000

Letters of Credit Outstanding, Amount

0

Amount Drawn/ Outstanding

$ 0

Line of Credit Facility, Interest Rate During Period

4.63%

Credit Facility Of Twenty Five Million [Member] | Entergy Arkansas [Member]

Debt Instrument [Line Items]

Amount of Facility

$ 25,000

Letters of Credit Outstanding, Amount

0

Amount Drawn/ Outstanding

$ 0

Line of Credit Facility, Interest Rate During Period

4.37%

Credit Facility Of Twenty Five Million [Member] | Entergy New Orleans [Member]

Debt Instrument [Line Items]

Amount of Facility

$ 25,000

Letters of Credit Outstanding, Amount

0

Amount Drawn/ Outstanding

$ 0

Line of Credit Facility, Interest Rate During Period

4.74%

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

$ 9,700

Uncommitted Credit Facility

$ 65,000

Revolving Credit Facilities, _4

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Summary Of The Borrowings Outstanding And Capacity Available Under The Facility) (Details) $ in Millions	Sep. 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	9 Months Ended
	Sep. 30, 2022	Aug. 31, 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	4.37%
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	4.26%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Louisiana [Member]
Amount of total borrowing capacity against which fronting commitments exist	15
Letters of Credit Outstanding, Amount	0.9
Entergy Louisiana [Member] | Credit Facility Of Three Hundred Fifty Million [Member]
Amount of Facility	$ 350	$ 350
Interest Rate	4.38%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	0.8		$ 0.2
Entergy Mississippi [Member] | Credit Facility Of One Hundred And Fifty Million [Member]
Amount of Facility	$ 150
Interest Rate	3.97%
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	4.63%
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	4.63%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member] | Credit Facility Of Forty Million
Amount of Facility	$ 40
Interest Rate	4.63%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy New Orleans [Member]
Amount of total borrowing capacity against which fronting commitments exist	10
Letters of Credit Outstanding, Amount	0.1
Entergy New Orleans [Member] | Credit Facility Of Twenty Five Million [Member]
Amount of Facility	$ 25
Interest Rate	4.74%
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	0.8		$ 0.1
Entergy Texas [Member] | Credit Facility Of One Hundred And Fifty Million [Member]
Amount of Facility	$ 150
Interest Rate	4.38%
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	Sep. 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	19
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	9 Months Ended
	Sep. 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	2.21%
Amount Drawn/ Outstanding	$ 0
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	2.15%
Amount Drawn/ Outstanding	$ 83.9
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	1.75%
Amount Drawn/ Outstanding	$ 15.1
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	2.12%
Amount Drawn/ Outstanding	$ 72.2
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.10%

Revolving Credit Facilities, _8

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Notes Payable By Variable Interest Entities) (Details) $ in Millions	Sep. 30, 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	Sep. 30, 2022	Dec. 31, 2021
Long-term Debt, Fair Value	$ 22,567,380	$ 27,061,171
Long-term Debt, Book Value	26,219,979	25,880,901
Entergy Arkansas [Member]
Long-term Debt, Fair Value	3,570,817	4,176,577
Long-term Debt, Book Value	4,164,866	3,958,862
Entergy Louisiana [Member]
Long-term Debt, Fair Value	9,509,010	11,492,650
Long-term Debt, Book Value	10,860,595	10,914,346
Entergy Mississippi [Member]
Long-term Debt, Fair Value	1,998,266	2,346,230
Long-term Debt, Book Value	2,430,783	2,179,989
Entergy New Orleans [Member]
Long-term Debt, Fair Value	709,965	765,538
Long-term Debt, Book Value	783,034	788,165
Entergy Texas [Member]
Long-term Debt, Fair Value	2,445,550	2,483,995
Long-term Debt, Book Value	2,907,947	2,354,148
System Energy [Member]
Long-term Debt, Fair Value	710,771	743,040
Long-term Debt, Book Value	$ 788,961	$ 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	Sep. 30, 2022	Dec. 31, 2021
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	$ 0.8	$ 0.2
Non-MISO letter of credit outstanding	1
Entergy Louisiana [Member]
Letters of Credit Outstanding, Amount	0.9
Entergy New Orleans [Member]
Letters of Credit Outstanding, Amount	0.1
Entergy Texas [Member]
Letters of Credit Outstanding, Amount	0.8	$ 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	$ 5.6
Credit Facility of Fifteen Million [Member] | Entergy New Orleans [Member]
Uncommitted Credit Facility	$ 15
Letter of Credit Fee, Percentage	1.625%
Letters of Credit Outstanding, Amount	$ 1
Credit Facility Of One Hundred Twenty Five Million [Member] | Entergy Louisiana [Member]
Uncommitted Credit Facility	$ 125
Letter of Credit Fee, Percentage	0.78%
Letters of Credit Outstanding, Amount	$ 21
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	$ 9.7
Credit Facility of Eighty Million | Entergy Texas [Member]
Uncommitted Credit Facility	$ 80
Letter of Credit Fee, Percentage	0.875%
Letters of Credit Outstanding, Amount	$ 9.7

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	9 Months Ended
	Jan. 27, 2022	Jan. 31, 2022	Mar. 31, 2022	Sep. 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				2,789,088
Weighted-average exercise price of stock options outstanding (in dollars per share)				$ 96.37
Intrinsic value in the money stock options				$ 30.9
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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 0.9	$ 1.2	$ 3.2	$ 3.2
Tax benefit recognized in Entergy's net income	0.2	0.3	0.8	0.8
Compensation cost capitalized as part of fixed assets and inventory	$ 0.4	$ 0.4	$ 1.2	$ 1.2

Stock-Based Compensation (Fin_2

Stock-Based Compensation (Financial Information For Other Equity Plans) (Details) - Other Equity Awards [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 9.1	$ 10.6	$ 31.1	$ 31.1
Tax benefit recognized in Entergy's net income	2.3	2.7	7.9	7.9
Compensation cost capitalized as part of fixed assets and inventory	$ 3.9	$ 4.1	$ 12.6	$ 12.1

Retirement And Other Postreti_3

Retirement And Other Postretirement Benefits (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		$ 400,000		$ 400,000
Defined Benefit Plan, Plan Assets, Contributions by Employer				170,000
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		78,605		78,605
Defined Benefit Plan, Plan Assets, Contributions by Employer				44,300
Entergy Louisiana [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		41,641		41,641
Defined Benefit Plan, Plan Assets, Contributions by Employer				24,319
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		27,716		27,716
Defined Benefit Plan, Plan Assets, Contributions by Employer				15,685
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				1,632
Difference between rate case pension amounts and actuarially determined pension amounts		25,400		25,400
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		26,376		26,376
Defined Benefit Plan, Plan Assets, Contributions by Employer				12,754
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	$ 34,305
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	17,322
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	12,031
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	292
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	$ 13,622
Non Qualified Pension Plans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost		5,900	$ 6,900	23,300	$ 16,000
Defined Benefit Plan, Benefit Obligation, Payment for Settlement		1,400	2,500	9,200	2,500
Non Qualified Pension Plans [Member] | Entergy Arkansas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost		69	86	212	266
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		24	192	77	280
Defined Benefit Plan, Benefit Obligation, Payment for Settlement			155		155
Non Qualified Pension Plans [Member] | Entergy Mississippi [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost		80	91	241	283
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		28	7	84	23
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		961	115	1,264	345
Defined Benefit Plan, Benefit Obligation, Payment for Settlement		886	3	1,000	3
Pension Plans Defined Benefit [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost		162,291	95,173	273,676	373,829
Defined Benefit Plan, Benefit Obligation, Payment for Settlement		(125,548)	(44,718)	(148,201)	(156,266)
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		21,033	20,115	53,160	74,508
Defined Benefit Plan, Benefit Obligation, Payment for Settlement		(11,477)	(7,238)	(22,973)	(31,624)
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		43,861	25,444	70,355	91,702
Defined Benefit Plan, Benefit Obligation, Payment for Settlement		(33,507)	(13,209)	(37,968)	(48,201)
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		10,124	7,568	19,074	24,822
Defined Benefit Plan, Benefit Obligation, Payment for Settlement		(6,853)	(3,685)	(9,061)	(11,447)
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		5,181	1,976	6,669	8,314
Defined Benefit Plan, Benefit Obligation, Payment for Settlement		(4,402)	(1,107)	(4,402)	(4,691)
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		14,897	3,001	20,172	13,803
Defined Benefit Plan, Benefit Obligation, Payment for Settlement		(13,082)	(1,634)	(15,547)	(8,261)
Pension Plans Defined Benefit [Member] | System Energy [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost		7,498	7,888	15,527	22,146
Defined Benefit Plan, Benefit Obligation, Payment for Settlement		$ (4,593)	$ (4,086)	$ (6,616)	$ (8,725)

Retirement And Other Postreti_4

Retirement And Other Postretirement Benefits (Components Of Qualified Net Pension Cost) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	$ 33,845	$ 38,531	$ 108,482	$ 126,722
Interest cost on projected benefit obligation	60,734	49,222	164,529	142,702
Expected return on assets	(100,203)	(106,684)	(306,895)	(318,437)
Amortization of loss	42,367	69,386	159,359	266,576
Net other postretirement benefit cost	162,291	95,173	273,676	373,829
Pension Plans Defined Benefit [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	6,138	6,966	19,695	21,640
Interest cost on projected benefit obligation	11,866	9,396	30,944	26,488
Expected return on assets	(18,731)	(19,585)	(57,009)	(58,896)
Amortization of loss	10,283	16,100	36,557	53,652
Net other postretirement benefit cost	21,033	20,115	53,160	74,508
Pension Plans Defined Benefit [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	8,261	9,230	26,405	29,033
Interest cost on projected benefit obligation	12,523	10,270	33,706	29,695
Expected return on assets	(20,586)	(22,466)	(62,779)	(67,521)
Amortization of loss	10,156	15,201	35,055	52,294
Net other postretirement benefit cost	43,861	25,444	70,355	91,702
Pension Plans Defined Benefit [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,953	2,197	6,158	6,865
Interest cost on projected benefit obligation	3,383	2,735	8,857	7,769
Expected return on assets	(5,006)	(5,629)	(15,373)	(16,815)
Amortization of loss	2,941	4,580	10,371	15,556
Net other postretirement benefit cost	10,124	7,568	19,074	24,822
Pension Plans Defined Benefit [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	690	735	2,194	2,304
Interest cost on projected benefit obligation	1,368	1,156	3,646	3,264
Expected return on assets	(2,487)	(2,678)	(7,517)	(7,941)
Amortization of loss	1,208	1,656	3,944	5,996
Net other postretirement benefit cost	5,181	1,976	6,669	8,314
Pension Plans Defined Benefit [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,441	1,680	4,652	5,237
Interest cost on projected benefit obligation	2,795	2,213	7,242	6,215
Expected return on assets	(4,551)	(5,341)	(14,393)	(15,851)
Amortization of loss	2,130	2,815	7,124	9,941
Net other postretirement benefit cost	14,897	3,001	20,172	13,803
Pension Plans Defined Benefit [Member] | System Energy [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,891	2,141	5,937	6,707
Interest cost on projected benefit obligation	2,882	2,379	7,614	6,757
Expected return on assets	(4,509)	(4,853)	(13,718)	(14,436)
Amortization of loss	2,641	4,135	9,078	14,393
Net other postretirement benefit cost	7,498	7,888	15,527	22,146
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	6,184	6,645	18,552	19,935
Interest cost on projected benefit obligation	6,827	5,320	20,481	15,960
Expected return on assets	(10,855)	(10,805)	(32,565)	(32,415)
Amortization of prior service cost (credit)	(6,388)	(8,267)	(19,164)	(24,801)
Amortization of loss	1,083	713	3,249	2,139
Net other postretirement benefit cost	(3,149)	(6,394)	(9,447)	(19,182)
Other Postretirement [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,114	1,034	3,342	3,102
Interest cost on projected benefit obligation	1,263	932	3,789	2,796
Expected return on assets	(4,483)	(4,505)	(13,449)	(13,515)
Amortization of prior service cost (credit)	471	(280)	1,413	(840)
Amortization of loss	218	49	654	147
Net other postretirement benefit cost	(1,417)	(2,770)	(4,251)	(8,310)
Other Postretirement [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,408	1,544	4,224	4,632
Interest cost on projected benefit obligation	1,443	1,130	4,329	3,390
Expected return on assets	0	0	0	0
Amortization of prior service cost (credit)	(1,158)	(1,230)	(3,474)	(3,690)
Amortization of loss	(186)	(91)	(558)	(273)
Net other postretirement benefit cost	1,507	1,353	4,521	4,059
Other Postretirement [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	339	362	1,017	1,086
Interest cost on projected benefit obligation	350	278	1,050	834
Expected return on assets	(1,394)	(1,384)	(4,182)	(4,152)
Amortization of prior service cost (credit)	(443)	(444)	(1,329)	(1,332)
Amortization of loss	56	19	168	57
Net other postretirement benefit cost	(1,092)	(1,169)	(3,276)	(3,507)
Other Postretirement [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	99	109	297	327
Interest cost on projected benefit obligation	174	130	522	390
Expected return on assets	(1,499)	(1,438)	(4,497)	(4,314)
Amortization of prior service cost (credit)	(229)	(229)	(687)	(687)
Amortization of loss	(225)	(178)	(675)	(534)
Net other postretirement benefit cost	(1,680)	(1,606)	(5,040)	(4,818)
Other Postretirement [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	331	346	993	1,038
Interest cost on projected benefit obligation	399	317	1,197	951
Expected return on assets	(2,568)	(2,548)	(7,704)	(7,644)
Amortization of prior service cost (credit)	(1,093)	(936)	(3,279)	(2,808)
Amortization of loss	162	100	486	300
Net other postretirement benefit cost	(2,769)	(2,721)	(8,307)	(8,163)
Other Postretirement [Member] | System Energy [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	310	335	930	1,005
Interest cost on projected benefit obligation	279	220	837	660
Expected return on assets	(791)	(789)	(2,373)	(2,367)
Amortization of prior service cost (credit)	(80)	(109)	(240)	(327)
Amortization of loss	30	15	90	45
Net other postretirement benefit cost	(252)	(328)	(756)	(984)
Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	5,900	6,900	23,300	16,000
Non Qualified Pension Plans [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	69	86	212	266
Non Qualified Pension Plans [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	24	192	77	280
Non Qualified Pension Plans [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	80	91	241	283
Non Qualified Pension Plans [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	28	7	84	23
Non Qualified Pension Plans [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	$ 961	$ 115	$ 1,264	$ 345

Retirement And Other Postreti_5

Retirement And Other Postretirement Benefits (Expected Employer Contributions) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Dec. 31, 2022	Sep. 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		$ 400,000
Defined Benefit Plan, Plan Assets, Contributions by Employer		170,000
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		41,641
Defined Benefit Plan, Plan Assets, Contributions by Employer		24,319
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	$ 17,322
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		27,716
Defined Benefit Plan, Plan Assets, Contributions by Employer		15,685
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	12,031
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		1,632
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	292
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		26,376
Defined Benefit Plan, Plan Assets, Contributions by Employer		12,754
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	13,622
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		78,605
Defined Benefit Plan, Plan Assets, Contributions by Employer		$ 44,300
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	$ 34,305

Retirement And Other Postreti_6

Retirement And Other Postretirement Benefits (Reclassification Out Of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	$ 3,837	$ 5,248	$ 11,511	$ 15,744
Amortization of loss	(4,870)	(13,490)	(29,774)	(75,553)
Total	(15,372)	(11,434)	(33,929)	(69,044)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(14,339)	(3,192)	(15,666)	(9,235)
Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	1,158	1,230	3,474	3,690
Amortization of loss	(222)	(519)	(849)	(1,824)
Total	(404)	177	1,107	(68)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(1,340)	(534)	(1,518)	(1,934)
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0	0	0
Amortization of loss	(3,976)	(12,439)	(26,921)	(72,322)
Total	(18,239)	(15,170)	(41,362)	(81,096)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(14,263)	(2,731)	(14,441)	(8,774)
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	(407)	(609)	(1,404)	(2,093)
Total	(1,747)	(1,137)	(2,922)	(4,021)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(1,340)	(528)	(1,518)	(1,928)
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	4,014	5,288	12,042	15,864
Amortization of loss	(596)	(496)	(1,788)	(1,486)
Total	3,418	4,792	10,254	14,378
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	3,474	3,690
Amortization of loss	186	91	558	273
Total	1,344	1,321	4,032	3,963
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)	(531)	(120)
Amortization of loss	(298)	(555)	(1,065)	(1,745)
Total	(551)	(1,056)	(2,821)	(2,326)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(76)	(461)	(1,225)	(461)
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)	(3)	(4)
Total	(1)	(7)	(3)	(10)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	$ 0	$ (6)	$ 0	$ (6)

Business Segment Information Bu

Business Segment Information Business Segment Information (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Jun. 30, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Palisades [Member] | Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Gain (Loss) on Disposition of Assets	$ 166			$ 166
Indian Point Energy Center | Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Gain (Loss) on Disposition of Assets					$ 340
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Asset Write-Offs, Impairments, And Related Charges				1	345
Restructuring Charges		$ 0	$ 2	3	10
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member] | Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Restructuring Charges		$ 0	$ 2	$ 3	$ 9

Business Segment Information (S

Business Segment Information (Segment Financial Information) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 4,218,615			$ 3,353,532			$ 10,491,737	$ 9,020,440
Segment Financial Information
Income taxes (benefits)	184,112			158,282			(109,034)	205,808
Consolidated net income	555,882	$ 164,011	$ 279,593	535,583	$ (1,394)	$ 339,145	999,486	873,333
Assets	58,975,295						58,975,295		$ 59,454,242
Utility [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	4,156,616			3,191,240			10,191,041	8,461,241
Segment Financial Information
Income taxes (benefits)	178,088			159,472			(118,257)	290,566
Consolidated net income	667,162			574,399			1,166,866	1,264,933
Assets	61,784,169						61,784,169		59,733,625
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	62,009			162,275			300,720	559,150
Segment Financial Information
Income taxes (benefits)	18,252			8,836			46,340	(47,299)
Consolidated net income	(18,745)			26,064			76,501	(210,460)
Assets	465,865						465,865		1,242,675
All Other [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0			24			0	77
Segment Financial Information
Income taxes (benefits)	(12,228)			(10,026)			(37,117)	(37,459)
Consolidated net income	(37,125)			(32,982)			(113,273)	(85,445)
Assets	603,672						603,672		561,168
Eliminations
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(10)			(7)			(24)	(28)
Segment Financial Information
Income taxes (benefits)	0			0			0	0
Consolidated net income	(55,410)			$ (31,898)			(130,608)	$ (95,695)
Assets	$ (3,878,411)						$ (3,878,411)		$ (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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Restructuring Charges	$ 0	$ 2	$ 3	$ 10
Restructuring Reserve	0	35	0	35	$ 40	$ 37	$ 33	$ 159
Payments for Restructuring	40	0	40	134
Asset Write-Offs, Impairments, And Related Charges			1	345
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	0	2	3	9
Restructuring Reserve	0	35	0	35	40	37	33	145
Payments for Restructuring	40	0	40	119
Economic Development Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	0	0	0	1
Restructuring Reserve	0	0	0	0	$ 0	$ 0	$ 0	$ 14
Payments for Restructuring	$ 0	$ 0	$ 0	$ 15

Risk Management and Fair Valu_3

Risk Management and Fair Values (Narrative) (Details)	9 Months Ended
	Sep. 30, 2022 USD ($) GWh MMBTU	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Maturity of cash flow hedges, Tax		$ 8,000,000
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU	22,880,037
Total volume of fixed transmission rights outstanding | GWh	96,835
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	22,176
Entergy Louisiana [Member]
Letters of Credit Outstanding, Amount	$ 900,000
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU	10,960,000
Total volume of fixed transmission rights outstanding | GWh	43,396
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	$ 800,000		200,000
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU	10,701,000
Total volume of fixed transmission rights outstanding | GWh	10,515
Entergy New Orleans [Member]
Letters of Credit Outstanding, Amount	$ 100,000
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU	1,219,037
Total volume of fixed transmission rights outstanding | GWh	4,153
Entergy Texas [Member]
Letters of Credit Outstanding, Amount	$ 800,000		100,000
Total volume of fixed transmission rights outstanding | GWh	16,473
Gas Hedge Contracts [Member] | Entergy Louisiana [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	1 year 6 months
Gas Hedge Contracts [Member] | Entergy Mississippi [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	6 months
Gas Hedge Contracts [Member] | Entergy New Orleans [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	6 months
Electricity Swaps And Options [Member] | Cash Flow Hedging [Member] | Competitive Businesses Operating Revenues [Member]
Maturity of cash flow hedges, before taxes		$ 40,000,000
Entergy Wholesale Commodities [Member]
Cash collateral posted	$ 8,000,000		$ 8,000,000
Utility [Member]
Letters Of Credit	$ 3,000,000

Risk Management and Fair Valu_4

Risk Management and Fair Values (Fair Values Of Derivative Instruments) (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Entergy Wholesale Commodities [Member]
Derivatives, Fair Value [Line Items]
Cash collateral posted	$ 8,000,000	$ 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	8,000,000	5,000,000
Derivative Asset, Fair Value, Gross Asset	8,000,000	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	22,000,000	6,000,000
Derivative Asset, Fair Value, Gross Asset	22,000,000	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	21,000,000	4,000,000
Derivative Asset, Fair Value, Gross Asset	23,000,000	4,000,000
Derivative, Collateral, Obligation to Return Cash	(2,000,000)	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]
Liabilities:
Letters of Credit Outstanding, Amount	900,000
Entergy Louisiana [Member] | Other Deferred Debits And Other Assets [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	8,000,000	5,300,000
Derivative Asset, Fair Value, Gross Asset	8,000,000	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	20,100,000	5,700,000
Derivative Asset, Fair Value, Gross Asset	20,100,000	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	9,400,000	600,000
Derivative Asset, Fair Value, Gross Asset	10,000,000	600,000
Derivative, Collateral, Obligation to Return Cash	600,000	0
Entergy Mississippi [Member]
Liabilities:
Letters of Credit Outstanding, Amount	800,000	200,000
Entergy Mississippi [Member] | Prepayments And Other [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	2,000,000
Derivative Asset, Fair Value, Gross Asset	2,000,000
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	1,500,000	300,000
Derivative Asset, Fair Value, Gross Asset	1,500,000	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]
Liabilities:
Letters of Credit Outstanding, Amount	100,000
Entergy New Orleans [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	1,100,000	100,000
Derivative Asset, Fair Value, Gross Asset	1,100,000	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	400,000	500,000
Derivative, Collateral, Right to Reclaim Cash	0	0
Derivative Liability	400,000	500,000
Entergy Arkansas [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	9,600,000	2,300,000
Derivative Asset, Fair Value, Gross Asset	9,600,000	2,300,000
Derivative, Collateral, Obligation to Return Cash	0	0
Entergy Texas [Member]
Liabilities:
Derivative Liability	400,000
Letters of Credit Outstanding, Amount	800,000	100,000
Entergy Texas [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset		800,000
Derivative Asset, Fair Value, Gross Asset		800,000
Derivative, Collateral, Obligation to Return Cash		$ 0
Entergy Texas [Member] | Other Current Liabilities [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	900,000
Derivative, Collateral, Right to Reclaim Cash	(1,300,000)
Derivative Liability	$ (400,000)

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	9 Months Ended
	Sep. 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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 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	$ 42	37	$ 120	62
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	30	18	90	162
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	9.6		9.6		$ 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	12.4	4.5	35.8	34
Entergy Louisiana [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount	0.9		0.9
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	9.4		9.4		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		8		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	20.1		20.1		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	17.9	9.4	37.7	16.1
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	10.2	8.7	35.7	26.8
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	0.8		0.8		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	1.5		1.5		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	2		2
Entergy Mississippi [Member] | Fuel, Fuel Related Expenses And Gas Purchased For Resale [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net	24.4	25.6	81.9	44
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	4.8	1.5	8	9.4
Entergy New Orleans [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount	0.1		0.1
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	1.1		1.1		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	0.4		0.4		0.5
Derivative, Collateral, Right to Reclaim Cash	0		0		0
Derivative Liability	0.4		0.4		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)	2.2	0.7	2.2
Entergy New Orleans [Member] | Purchased Power Expense [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net	0.6	0.6	3	2.6
Entergy Texas [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Liability	0.4		0.4
Letters of Credit Outstanding, Amount	0.8		0.8		0.1
Entergy Texas [Member] | Fixed Transmission Rights (FTRs) [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	0.9		0.9
Derivative, Collateral, Right to Reclaim Cash	1.3		1.3
Derivative Liability	(0.4)		(0.4)
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					$ 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	$ 2.3	$ 2.6	$ 7.2	$ 85.3

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	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	$ 922,796	$ 397,615
Assets at fair value on a recurring basis
Securitization recovery trust account	27,000	29,000
Replacement Reserve Escrow	332,000	49,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	5,243,000	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	1,626,000	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	2,269,000	3,205,000
Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	30,000	11,000
Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	21,000	4,000
Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	15,000	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	923,000	398,000
Assets at fair value on a recurring basis
Securitization recovery trust account	27,000	29,000
Replacement Reserve Escrow	332,000	49,000
Equity Securities, FV-NI	15,000	132,000
Debt Securities	553,000	770,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,872,000	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	22,000	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	1,073,000	1,407,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,081,000	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	8,000	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	21,000	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	21,000	4,000
Entergy New Orleans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	17,555	42,836
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	5,473	1,999
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	24,200	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	400	500
Entergy New Orleans [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,100	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	17,600	42,800
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	5,500	2,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	23,100	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	400	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	1,100	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	1,100	100
Entergy Mississippi [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	1	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	44,600	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	2,000
Entergy Mississippi [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,500	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		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	43,100	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	2,000
Entergy Mississippi [Member] | Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0
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
Assets at fair value on a recurring basis
Replacement Reserve Escrow	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,500	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	1,500	300
Entergy Louisiana [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	195,307	18,378
Assets at fair value on a recurring basis
Replacement Reserve Escrow	291,200
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	2,206,500	2,144,500
Entergy Louisiana [Member] | Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	714,700	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	962,400	1,300,100
Entergy Louisiana [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	28,100	11,000
Entergy Louisiana [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	9,400	600
Entergy Louisiana [Member] | Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	5,400	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	195,300	18,400
Assets at fair value on a recurring basis
Replacement Reserve Escrow	291,200
Equity Securities, FV-NI	5,400	20,200
Debt Securities	210,500	262,600
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	722,500	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	20,100	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	504,200	531,600
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	512,200	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	8,000	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	9,400	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	9,400	600
Entergy Arkansas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	76,894	4,760
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,228,200	1,445,500
Entergy Arkansas [Member] | Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	461,100	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	673,900	895,400
Entergy Arkansas [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	9,600	2,300
Entergy Arkansas [Member] | Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	6,700	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	76,900	4,800
Assets at fair value on a recurring basis
Equity Securities, FV-NI	6,700	16,700
Debt Securities	134,400	119,500
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	218,000	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	326,700	406,800
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	326,700	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	9,600	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	9,600	2,300
Entergy Texas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	208,814	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	21,931	26,629
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	400
Assets, Fair Value Disclosure	230,700	27,400
Entergy Texas [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset		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	208,800
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	21,900	26,600
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	0
Assets, Fair Value Disclosure	230,700	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
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
Liabilities, Fair Value Disclosure on Recurring Basis	0
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
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
Liabilities, Fair Value Disclosure on Recurring Basis	400
Assets, Fair Value Disclosure	0	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		800
System Energy [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	194,885	89,114
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,281,200	1,474,400
System Energy [Member] | Debt Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	450,700	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	632,700	847,900
System Energy [Member] | Equity Securities [Member]
Assets at fair value on a recurring basis
Decommissioning Fund Investments, Fair Value	2,900	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	194,900	89,100
Assets at fair value on a recurring basis
Equity Securities, FV-NI	2,900	12,900
Debt Securities	208,500	273,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	406,300	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	242,200	251,500
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	242,200	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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 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	$ 21	8	$ 21	8	$ 12	$ 4	$ 15	9
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings			0	0
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	39	11	91	149
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	30	18	90	162
Issuance of Financial Transmission Rights			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	9.6	2.4	9.6	2.4	4.4	2.3	3.8	2.7
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	17.6	3.1		30.9
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset			37.7
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	12.4	4.5	35.8	34
Issuance of Financial Transmission Rights			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	9.4	2.6	9.4	2.6	4.7	0.6	4.8	4.2
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	14.9	6.5		21.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset			39.2
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	10.2	8.7	35.7	26.8
Issuance of Financial Transmission Rights			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	1.5	0.6	1.5	0.6	0.5	0.3	2.1	0.6
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	5.8	0		7.7
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset			8.4
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	(4.8)	(1.5)	(8)	(9.4)
Issuance of Financial Transmission Rights			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	1.1	0.3	1.1	0.3	0.6	0.1	0.6	0.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	1.1	0.3		2.4
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset			3.2
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	(0.6)	(0.6)	(3)	(2.6)
Issuance of Financial Transmission Rights			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	(0.4)	1.7	(0.4)	1.7	$ 1.5	$ 0.8	$ 3.8	$ 1.6
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	0.4	0.5		82.7
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	$ 2.3	$ 2.6	7.2	85.3
Issuance of Financial Transmission Rights			$ 3.9	$ 2.7

Risk Management and Fair Valu_9

Risk Management and Fair Values (Schedules Of Valuation Techniques) (Details) - Gas Hedge Contracts [Member]	9 Months Ended
	Sep. 30, 2022
Entergy Louisiana [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	1 year 6 months
Entergy Mississippi [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	6 months
Entergy New Orleans [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	6 months

Decommissioning Trust Funds (Na

Decommissioning Trust Funds (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 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	$ 1,223,000	$ (1,259,000)	$ (2,230,000)	$ (26,867,000)
Amortized cost of debt securities	$ 1,856,000,000		$ 1,856,000,000		$ 2,125,000,000
Average coupon rate of debt securities	2.98%		2.98%
Average duration of debt securities, years			6 years 3 months 21 days
Average maturity of debt securities, years			10 years 4 months 17 days
Proceeds from the dispositions of debt securities	$ 119,000,000	354,000,000	$ 755,000,000	1,151,000,000
Debt Securities, Available-for-sale, Allowance for Credit Loss					400,000
Equity Securities, FV-NI, Unrealized Loss	(120,000,000)		(767,000,000)
Debt Securities, Available-for-sale, Realized Gain	200,000	8,000,000	2,000,000	24,000,000
Debt Securities, Available-for-sale, Realized Loss	8,000,000	2,000,000	36,000,000	15,000,000
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale			1,500,000
Debt Securities [Member]
Decommissioning Trust Funds [Abstract]
Deferred taxes on unrealized gains/(losses) recorded in OCI for non-regulated decommissioning trusts					2,000,000
Entergy Arkansas [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 534,800,000		$ 534,800,000		519,600,000
Average coupon rate of debt securities	2.22%		2.22%
Average duration of debt securities, years			5 years 9 months 21 days
Average maturity of debt securities, years			7 years 1 month 28 days
Proceeds from the dispositions of debt securities	$ 17,200,000	20,600,000	$ 33,100,000	46,700,000
Equity Securities, FV-NI, Unrealized Loss	(35,300,000)		(229,200,000)
Debt Securities, Available-for-sale, Realized Gain		700,000	100,000	2,300,000
Debt Securities, Available-for-sale, Realized Loss	2,000,000	200,000	2,500,000	300,000
Entergy Louisiana [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 799,500,000		$ 799,500,000		766,300,000
Average coupon rate of debt securities	3.67%		3.67%
Average duration of debt securities, years			6 years 7 months 24 days
Average maturity of debt securities, years			12 years 6 months 25 days
Proceeds from the dispositions of debt securities	$ 47,600,000	20,500,000	$ 288,500,000	191,400,000
Percentage Interest in River Bend			30%
Equity Securities, FV-NI, Unrealized Loss	(51,600,000)		$ (322,900,000)
Debt Securities, Available-for-sale, Realized Gain	200,000	900,000	1,300,000	5,600,000
Debt Securities, Available-for-sale, Realized Loss	2,800,000	23,500	15,000,000	3,400,000
System Energy [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 521,800,000		$ 521,800,000		515,600,000
Average coupon rate of debt securities	2.67%		2.67%
Average duration of debt securities, years			6 years 3 months 18 days
Average maturity of debt securities, years			10 years 2 months 19 days
Proceeds from the dispositions of debt securities	$ 54,600,000	292,800,000	$ 158,600,000	468,500,000
Equity Securities, FV-NI, Unrealized Loss	(33,200,000)		(215,000,000)
Debt Securities, Available-for-sale, Realized Gain	20,000	5,900,000	200,000	9,000,000
Debt Securities, Available-for-sale, Realized Loss	$ 3,000,000	$ 2,000,000	$ 8,300,000	$ 3,800,000
Palisades [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value					$ 576,000,000	$ 552,000,000

Decommissioning Trust Funds (Se

Decommissioning Trust Funds (Securities Held) (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Total	$ 1,626	$ 2,177
Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	232	12
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	2	65
Total	1,626	2,177
Entergy Arkansas [Member]
Debt Securities, Available-for-sale [Line Items]
Total	461.1	526.3
Entergy Arkansas [Member] | Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	73.7	4.7
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	11.4
Total	461.1	526.3
Entergy Louisiana [Member]
Debt Securities, Available-for-sale [Line Items]
Total	714.7	794.2
Entergy Louisiana [Member] | Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	86.6	3.3
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	1.8	31.3
Total	714.7	794.2
System Energy [Member]
Debt Securities, Available-for-sale [Line Items]
Total	450.7	524.5
System Energy [Member] | Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position	71.2	2.9
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0.1	11.8
Total	$ 450.7	$ 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	Sep. 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	$ 1,211	$ 770
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	339	99
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	1,550	869
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	165	8
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	67	4
Debt Securities, Available-for-sale, Unrealized Loss Position	232	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	288.3	183.8
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	159.8	39.5
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	448.1	223.3
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	40.5	2.9
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	33.2	1.8
Debt Securities, Available-for-sale, Unrealized Loss Position	73.7	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	579.8	206.9
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	76.5	42.9
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	656.3	249.8
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	68.8	1.4
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	17.8	1.9
Debt Securities, Available-for-sale, Unrealized Loss Position	86.6	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	342.7	276.6
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value	102.2	11.3
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value	444.9	287.9
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	55.2	2.3
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	16	0.6
Debt Securities, Available-for-sale, Unrealized Loss Position	$ 71.2	$ 2.9

Decommissioning Trust Funds (Fa

Decommissioning Trust Funds (Fair Value Of Debt Securities By Contractual Maturities) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair value of debt securities by contractual maturities
1 year - 5 years	$ 526,000	$ 473,000
5 years - 10 years	456,000	655,000
10 years - 15 years	111,000	389,000
15 years - 20 years	139,000	130,000
20 years+	317,000	530,000
Total	1,626,000	2,177,000
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	77,000	0
Decommissioning Fund Investments	3,910,411	5,514,016
Entergy Arkansas [Member]
Fair value of debt securities by contractual maturities
1 year - 5 years	156,700	91,700
5 years - 10 years	180,100	217,400
10 years - 15 years	34,500	146,000
15 years - 20 years	30,800	35,700
20 years+	18,500	35,500
Total	461,100	526,300
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	40,500	0
Decommissioning Fund Investments	1,141,672	1,438,416
Entergy Louisiana [Member]
Fair value of debt securities by contractual maturities
1 year - 5 years	184,700	157,800
5 years - 10 years	152,600	173,000
10 years - 15 years	67,900	123,000
15 years - 20 years	80,500	80,200
20 years+	199,700	260,200
Total	714,700	794,200
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	29,300	0
Decommissioning Fund Investments	1,682,479	2,114,523
System Energy [Member]
Fair value of debt securities by contractual maturities
1 year - 5 years	184,400	156,800
5 years - 10 years	123,600	161,800
10 years - 15 years	9,000	58,600
15 years - 20 years	27,600	1,900
20 years+	98,400	145,400
Total	450,700	524,500
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value	7,700	0
Decommissioning Fund Investments	$ 1,086,261	$ 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		9 Months Ended
	May 31, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes		$ 16	$ 17	$ 50	$ 72
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
Provision for uncertain tax position		21
Entergy Louisiana [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes		6	8	25	24
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		10	9	24	22
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	Sep. 30, 2022	Dec. 31, 2021
Construction expenditures in accounts payable	$ 354	$ 723
Entergy Arkansas [Member]
Construction expenditures in accounts payable	62.2	35.6
Entergy Louisiana [Member]
Construction expenditures in accounts payable	155.6	507.9
Entergy Mississippi [Member]
Construction expenditures in accounts payable	22.6	26.5
Entergy New Orleans [Member]
Construction expenditures in accounts payable	6.7
Entergy Texas [Member]
Construction expenditures in accounts payable	37.8	73.1
System Energy [Member]
Construction expenditures in accounts payable	$ 29.9	$ 23.4

Variable Interest Entities (Nar

Variable Interest Entities (Narrative) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Variable Interest Entity [Line Items]
Assets	$ 58,975,295		$ 59,454,242
Entergy New Orleans [Member]
Variable Interest Entity [Line Items]
Assets	2,138,743		2,150,323
Entergy Louisiana [Member]
Variable Interest Entity [Line Items]
Assets	$ 28,251,728		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	$ 4,237,121		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	$ 17,200	$ 17,200
Entergy Arkansas [Member]
Variable Interest Entity [Line Items]
Assets	12,777,177		12,565,119
Entergy Arkansas [Member] | AR Searcy Partnership, LLC
Variable Interest Entity [Line Items]
Assets	136,000
Ownership Interest in Partnership, Carrying Value	108,800
Entergy Mississippi [Member]
Variable Interest Entity [Line Items]
Assets	6,086,356		$ 5,557,389
Entergy Mississippi [Member] | MS Sunflower Partnership, LLC
Variable Interest Entity [Line Items]
Assets	105,200
Ownership Interest in Partnership, Carrying Value	$ 104,900

Revenue Recognition (Disaggrega

Revenue Recognition (Disaggregation of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 4,218,615	$ 3,353,532	$ 10,491,737	$ 9,020,440
Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	864,502	722,683	2,120,397	1,856,343
Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,020,798	1,420,708	4,802,555	3,795,950
Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	459,132	420,319	1,213,620	1,105,978
Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	291,663	211,229	744,184	559,304
Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	659,556	541,632	1,696,629	1,452,286
Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	4,110,058	3,159,969	10,024,089	8,339,764
Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	864,502	722,683	2,120,397	1,856,343
Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,003,009	1,407,737	4,738,188	3,741,979
Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	459,132	420,319	1,213,620	1,105,978
Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	262,904	192,946	641,634	491,855
Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	659,556	541,632	1,696,629	1,452,286
Natural Gas, US Regulated [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	46,548	31,254	166,917	121,420
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	17,789	12,971	64,367	53,971
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	28,759	18,283	102,550	67,449
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	62,009	162,309	300,731	559,256
Residential [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,570,940	1,291,645	3,592,025	3,114,084
Residential [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	323,767	294,797	750,762	703,081
Residential [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	618,056	477,025	1,372,538	1,153,428
Residential [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	206,708	184,479	503,351	449,576
Residential [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	116,968	85,974	256,110	212,586
Residential [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	305,441	249,370	709,264	595,413
Commercial [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	940,604	756,903	2,290,893	1,958,284
Commercial [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	165,609	149,952	406,078	367,556
Commercial [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	402,027	300,255	949,680	787,255
Commercial [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	150,137	131,472	379,075	331,052
Commercial [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	75,083	57,563	179,456	156,454
Commercial [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	147,748	117,661	376,604	315,967
Industrial [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,109,245	814,685	2,731,075	2,169,295
Industrial [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	175,304	155,714	420,788	373,410
Industrial [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	693,445	477,439	1,681,628	1,299,633
Industrial [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	50,931	40,671	133,826	111,195
Industrial [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	10,973	8,574	26,462	23,391
Industrial [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	178,592	132,287	468,371	361,666
Governmental [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	84,649	66,167	209,044	184,576
Governmental [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	6,104	5,747	15,702	14,538
Governmental [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	28,022	21,448	68,880	61,611
Governmental [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	14,837	13,110	39,449	34,526
Governmental [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	27,406	20,016	62,617	54,708
Governmental [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	8,280	5,846	22,396	19,193
Billed Retail [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	3,705,438	2,929,400	8,823,037	7,426,239
Billed Retail [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	670,784	606,210	1,593,330	1,458,585
Billed Retail [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,741,550	1,276,167	4,072,726	3,301,927
Billed Retail [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	422,613	369,732	1,055,701	926,349
Billed Retail [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	230,430	172,127	524,645	447,139
Billed Retail [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	640,061	505,164	1,576,635	1,292,239
Sales for Resale [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	311,479	135,220	689,473	459,425
Sales for Resale [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	157,008	76,576	384,175	256,411
Sales for Resale [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	191,664	98,830	422,596	253,600
Sales for Resale [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	56,162	35,199	121,328	119,559
Sales for Resale [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	33,158	23,290	96,523	40,796
Sales for Resale [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	9,149	25,329	44,927	118,944
Non-Customer [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	9,462	14,006	90,869	105,417
Non-Customer [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,232	6,777	6,022	15,435
Non-Customer [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	8,246	4,950	57,461	59,008
Non-Customer [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,354	1,699	6,926	6,041
Non-Customer [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	216	787	2,530	1,026
Non-Customer [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(549)	(216)	20,193	(1,358)
Non-Customer [Member] | Competitive Businesses [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	111	3,701	6,299	21,854
Other Electric [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	83,679	81,343	420,710	348,683
Other Electric [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	35,478	33,120	136,870	125,912
Other Electric [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	61,549	27,790	185,405	127,444
Other Electric [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(21,997)	13,689	29,665	54,029
Other Electric [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(900)	(3,258)	17,936	2,894
Other Electric [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	10,895	11,355	54,874	42,461
Revenues from customers [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	4,100,596	3,145,963	9,933,220	8,234,347
Revenues from customers [Member] | Electricity [Member] | Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	863,270	715,906	2,114,375	1,840,908
Revenues from customers [Member] | Electricity [Member] | Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,994,763	1,402,787	4,680,727	3,682,971
Revenues from customers [Member] | Electricity [Member] | Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	456,778	418,620	1,206,694	1,099,937
Revenues from customers [Member] | Electricity [Member] | Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	262,688	192,159	639,104	490,829
Revenues from customers [Member] | Electricity [Member] | Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	660,105	541,848	1,676,436	1,453,644
Competitive Business Sales [Member] | Competitive Businesses [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 61,898	$ 158,608	$ 294,432	$ 537,402

Revenue Recognition (Allowance

Revenue Recognition (Allowance for Doubtful Accounts) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	$ 30.7	$ 96.1	$ 68.6	$ 117.7
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	28.8	43.4
Accounts Receivable, Allowance for Credit Loss, Writeoff	(95.1)	(72.5)
Accounts Receivable, Allowance for Credit Loss, Recovery	28.4	7.5
COVID-19 Pandemic [Member]
Disaggregation of Revenue [Line Items]
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	(6.4)	23.8
Entergy Arkansas [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	6.3	19	13.1	18.3
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	12.1	20
Accounts Receivable, Allowance for Credit Loss, Writeoff	(27.3)	(21.4)
Accounts Receivable, Allowance for Credit Loss, Recovery	8.4	2.1
Entergy Arkansas [Member] | COVID-19 Pandemic [Member]
Disaggregation of Revenue [Line Items]
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	6.4	14
Entergy Louisiana [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	9.9	38.1	29.2	45.7
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	8.3	17.7
Accounts Receivable, Allowance for Credit Loss, Writeoff	(38.1)	(28.3)
Accounts Receivable, Allowance for Credit Loss, Recovery	10.5	3
Entergy Louisiana [Member] | COVID-19 Pandemic [Member]
Disaggregation of Revenue [Line Items]
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	(8.5)	10.4
Entergy Mississippi [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	2.1	11.4	7.2	19.5
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	1.5	2.1
Accounts Receivable, Allowance for Credit Loss, Writeoff	(9.8)	(11.8)
Accounts Receivable, Allowance for Credit Loss, Recovery	3.2	1.6
Entergy Mississippi [Member] | COVID-19 Pandemic [Member]
Disaggregation of Revenue [Line Items]
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)		(0.1)
Entergy New Orleans [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	9.4	18.6	13.3	17.4
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	4	2
Accounts Receivable, Allowance for Credit Loss, Writeoff	(11.7)	(1.3)
Accounts Receivable, Allowance for Credit Loss, Recovery	3.8	0.5
Entergy New Orleans [Member] | COVID-19 Pandemic [Member]
Disaggregation of Revenue [Line Items]
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	(3)	(0.5)
Entergy Texas [Member]
Disaggregation of Revenue [Line Items]
Allowance for Doubtful Other Receivables, Current	3	9	$ 5.8	$ 16.8
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	2.9	1.6
Accounts Receivable, Allowance for Credit Loss, Writeoff	(8.2)	(9.7)
Accounts Receivable, Allowance for Credit Loss, Recovery	2.5	$ 0.3
Entergy Texas [Member] | COVID-19 Pandemic [Member]
Disaggregation of Revenue [Line Items]
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	$ (1.3)

Business Combinations and Ass_2

Business Combinations and Asset Acquisitions (Details)	1 Months Ended					9 Months Ended
	Jun. 30, 2022 USD ($)	May 31, 2022 USD ($)	Apr. 30, 2020 USD ($)	Nov. 30, 2018 MW	Jul. 31, 2018	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Jun. 28, 2022 USD ($)	Dec. 31, 2021 USD ($)
Business Combination and Asset Acquisition [Abstract]
Payments to Acquire Productive Assets						$ 106,193,000	$ 36,534,000
Public Utilities, Property, Plant and Equipment, Net						41,718,847,000			$ 42,244,160,000
Business Acquisition [Line Items]
Public Utilities, Property, Plant and Equipment, Net						41,718,847,000			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						4,855,403,000			4,580,971,000
Business Acquisition [Line Items]
Public Utilities, Property, Plant and Equipment, Net						4,855,403,000			$ 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
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
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

Asset Retirement Obligations (N

Asset Retirement Obligations (Narrative) (Details)	3 Months Ended
	Sep. 30, 2022 USD ($)
Entergy Texas [Member] | Big Cajun II [Member]
Asset Retirement Obligation, Revision of Estimate	$ 2,100,000
Entergy Louisiana [Member] | Big Cajun II [Member]
Asset Retirement Obligation, Revision of Estimate	2,800,000
System Energy [Member] | Grand Gulf [Member]
Asset Retirement Obligation, Revision of Estimate	$ (5,400,000)

Uncategorized Items - etr-20220

Label	Element	Value
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 442,559,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1,759,099,000
Entergy Louisiana [Member]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	728,020,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	18,573,000
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
Entergy Texas [Member]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	248,596,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	28,000
System Energy [Member]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	242,469,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 89,201,000